WorldWideScience

Sample records for estimate economic performance

  1. Performance and operational economics estimates for a coal gasification combined-cycle cogeneration powerplant

    Science.gov (United States)

    Nainiger, J. J.; Burns, R. K.; Easley, A. J.

    1982-01-01

    A performance and operational economics analysis is presented for an integrated-gasifier, combined-cycle (IGCC) system to meet the steam and baseload electrical requirements. The effect of time variations in steam and electrial requirements is included. The amount and timing of electricity purchases from sales to the electric utility are determined. The resulting expenses for purchased electricity and revenues from electricity sales are estimated by using an assumed utility rate structure model. Cogeneration results for a range of potential IGCC cogeneration system sizes are compared with the fuel consumption and costs of natural gas and electricity to meet requirements without cogeneration. The results indicate that an IGCC cogeneration system could save about 10 percent of the total fuel energy presently required to supply steam and electrical requirements without cogeneration. Also for the assumed future fuel and electricity prices, an annual operating cost savings of 21 percent to 26 percent could be achieved with such a cogeneration system. An analysis of the effects of electricity price, fuel price, and system availability indicates that the IGCC cogeneration system has a good potential for economical operation over a wide range in these assumptions.

  2. A finite element model for estimating the techno-economic performance of the building-integrated photovoltaic blind

    International Nuclear Information System (INIS)

    Park, Hyo Seon; Koo, Choongwan; Hong, Taehoon; Oh, Jeongyoon; Jeong, Kwangbok

    2016-01-01

    Highlights: • A FEM was developed to estimate the techno-economic performance of the BIPB. • The mean absolute percentage error of the FEM_4_-_n_o_d_eBIPB was determined to be 4.54%. • In implementing the BIPB with the GC_i_n_c_l_._S_R_E_C plan, it was superior to the others. • Users can understand the operating mechanism of the proposed model (FEM_4_-_n_o_d_eBIPB). • The proposed model can be extended to any other country in the global environment. - Abstract: This study aims to develop the four-node-based finite element model for estimating the techno-economic performance of the building-integrated photovoltaic blind (FEM_4_-_n_o_d_eBIPB), which can be used by decision-maker in the early design phase. In developing the proposed model, this study uses various research methodologies such as energy simulation, finite element method, life cycle cost analysis, policy analysis, and visual basic application. Compared to the simulation results, the mean absolute percentage error of the proposed model was determined to be 4.54%, showing that the prediction accuracy of the proposed model was found to be excellent. Furthermore, the practical application was conducted for the ‘S’ elementary school facility in South Korea, which allows potential readers to easily and clearly understand the operating mechanism of the proposed model as well as its usability and extendability. The proposed model can be used to conduct the detailed analysis of the techno-economic performance of the BIPB by the type of utilization plan and to determine the optimal strategy for maximizing the value of the investment. Furthermore, the proposed research framework can be extended to any other technology, industry, and country in the global environment.

  3. Marketization and Economic Performance

    DEFF Research Database (Denmark)

    Hansen, Morten Balle

    2010-01-01

    . A reform enforcing compulsory competitive tendering in homecare for elderly people in Denmark is analysed and its relation to measures of economic performance is explored. Two competing models of marketization are contrasted in the analysis: a problem solving model inspired by public choice ideology...... little impact on economic performance is found, which lends support to an institutional interpretation of the findings....

  4. Computer programs for capital cost estimation, lifetime economic performance simulation, and computation of cost indexes for laser fusion and other advanced technology facilities

    International Nuclear Information System (INIS)

    Pendergrass, J.H.

    1978-01-01

    Three FORTRAN programs, CAPITAL, VENTURE, and INDEXER, have been developed to automate computations used in assessing the economic viability of proposed or conceptual laser fusion and other advanced-technology facilities, as well as conventional projects. The types of calculations performed by these programs are, respectively, capital cost estimation, lifetime economic performance simulation, and computation of cost indexes. The codes permit these three topics to be addressed with considerable sophistication commensurate with user requirements and available data

  5. Forecasting oilfield economic performance

    International Nuclear Information System (INIS)

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

    1994-01-01

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

  6. ENTREPRENEURSHIP AND ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    HORAŢIU ŞOIM

    2013-12-01

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

  7. Some factors affecting the use of lighter than air systems. [economic and performance estimates for dirigibles and semi-buoyant hybrid vehicles

    Science.gov (United States)

    Havill, C. D.

    1974-01-01

    The uses of lighter-than-air vehicles are examined in the present day transportation environment. Conventional dirigibles were found to indicate an undesirable economic risk due to their low speeds and to uncertainties concerning their operational use. Semi-buoyant hybrid vehicles are suggested as an alternative which does not have many of the inferior characteristics of conventional dirigibles. Economic and performance estimates for hybrid vehicles indicate that they are competitive with other transportation systems in many applications, and unique in their ability to perform some highly desirable emergency missions.

  8. Estimating North Dakota's Economic Base

    OpenAIRE

    Coon, Randal C.; Leistritz, F. Larry

    2009-01-01

    North Dakota’s economic base is comprised of those activities producing a product paid for by nonresidents, or products exported from the state. North Dakota’s economic base activities include agriculture, mining, manufacturing, tourism, and federal government payments for construction and to individuals. Development of the North Dakota economic base data is important because it provides the information to quantify the state’s economic growth, and it creates the final demand sectors for the N...

  9. Estimated annual economic loss from organ condemnation ...

    African Journals Online (AJOL)

    as a basis for the analysis of estimation of the economic significance of bovine .... percent involvement of each organ were used in the estimation of the financial loss from organ .... DVM thesis, Addis Ababa University, Faculty of Veterinary.

  10. Economic measures of performance

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

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

  11. Environment, energy, and economic performance

    Energy Technology Data Exchange (ETDEWEB)

    Oberndorfer, Ulrich

    2009-09-25

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

  12. Economic consequences of reproductive performance in dairy cattle

    NARCIS (Netherlands)

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

    2010-01-01

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

  13. Capital Flight and Economic Performance

    OpenAIRE

    Beja, Edsel Jr.

    2007-01-01

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

  14. Skill-based immigration, economic integration, and economic performance

    OpenAIRE

    Aydemir, Abdurrahman

    2014-01-01

    Studies for major immigrant-receiving countries provide evidence on the comparative economic performance of immigrant classes (skill-, kinship-, and humanitarian-based). Developed countries are increasingly competing for high-skilled immigrants, who perform better in the labor market. However, there are serious challenges to their economic integration, which highlights a need for complementary immigration and integration policies.

  15. Gas storage - Estimation of the economic value

    International Nuclear Information System (INIS)

    1997-05-01

    The main purpose of the project is to investigate the economic benefits of underground gas storage used for seasonal smoothing and a strategical security of supply. The benefits from the storage have to be decided based on the costs of alternative have to be ways of securing the energy supply, including evaluation of: demand-dependent prices on natural gas and other fuels (both domestic and foreign markets); interruptible supply; establishment of extra production and transportation capacity from the North Sea; establishment of new connecting systems to neighbouring countries (i.a. German, Poland, Latvia); establishment for import or production and LNG; contracting of storage capacity abroad (Germany, Czech Republic, Slovakia, Latvia). In order to control the estimated costs of storage of natural gas a comparison with market prices for storage capacity and spot prices of natural gas is carried out. The market prices were estimated through a statistical analysis of seasonal variations in gas prices on the American natural gas market. Due to permanent energy taxes, the energy prices only partially reflect the demand and the price elasticity hence is very small, resulting in a need for e.g. gas storage. One purpose of the project is to investigate this system error and to present alternative suggestions for the tax structure. Additionally, the consequences of differentiating production taxes will be addressed. (EG)

  16. Gas storages - Estimation of the economic value

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-05-01

    The main purpose of the project is to investigate the economic benefits of underground gas storage used for seasonal smoothing and a strategical security of supply. The benefits from the storage have to be decided based on the costs of alternative have to be ways of securing the energy supply, including evaluation of: demand-dependent prices on natural gas and other fuels (both domestic and foreign markets); interruptible supply; establishment of extra production and transportation capacity from the North Sea; establishment of new connecting systems to neighbouring countries (i.a. German, Poland, Latvia); establishment for import or production and LNG; contracting of storage capacity abroad (Germany, Czech Republic, Slovakia, Latvia). In order to control the estimated costs of storage of natural gas a comparison with market prices for storage capacity and spot prices of natural gas is carried out. The market prices were estimated through a statistical analysis of seasonal variations in gas prices on the American natural gas market. Due to permanent energy taxes, the energy prices only partially reflect the demand and the price elasticity hence is very small, resulting in a need for e.g. gas storage. One purpose of the project is to investigate this system error and to present alternative suggestions for the tax structure. Additionally, the consequences of differentiating production taxes will be addressed. (EG)

  17. Reactor core performance estimating device

    International Nuclear Information System (INIS)

    Tanabe, Akira; Yamamoto, Toru; Shinpuku, Kimihiro; Chuzen, Takuji; Nishide, Fusayo.

    1995-01-01

    The present invention can autonomously simplify a neural net model thereby enabling to conveniently estimate various amounts which represents reactor core performances by a simple calculation in a short period of time. Namely, a reactor core performance estimation device comprises a nerve circuit net which divides the reactor core into a large number of spacial regions, and receives various physical amounts for each region as input signals for input nerve cells and outputs estimation values of each amount representing the reactor core performances as output signals of output nerve cells. In this case, the nerve circuit net (1) has a structure of extended multi-layered model having direct coupling from an upper stream layer to each of downstream layers, (2) has a forgetting constant q in a corrected equation for a joined load value ω using an inverse error propagation method, (3) learns various amounts representing reactor core performances determined using the physical models as teacher signals, (4) determines the joined load value ω decreased as '0' when it is to less than a predetermined value upon learning described above, and (5) eliminates elements of the nerve circuit net having all of the joined load value decreased to 0. As a result, the neural net model comprises an autonomously simplifying means. (I.S.)

  18. Introduction: economic performance and small business

    NARCIS (Netherlands)

    A.R. Thurik (Roy)

    1996-01-01

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

  19. THE RELEVANCE OF ECONOMIC INFORMATION IN ANALYZING THE ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    PATRUTA MIRCEA IOAN

    2017-12-01

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

  20. Approaches towards airport economic performance measurement

    Directory of Open Access Journals (Sweden)

    Ivana STRYČEKOVÁ

    2011-01-01

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

  1. NEW DEVELOPMENTS IN COVERAGE OF ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    Ioan Beudean

    2012-01-01

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

  2. Estimating economic losses from earthquakes using an empirical approach

    Science.gov (United States)

    Jaiswal, Kishor; Wald, David J.

    2013-01-01

    We extended the U.S. Geological Survey's Prompt Assessment of Global Earthquakes for Response (PAGER) empirical fatality estimation methodology proposed by Jaiswal et al. (2009) to rapidly estimate economic losses after significant earthquakes worldwide. The requisite model inputs are shaking intensity estimates made by the ShakeMap system, the spatial distribution of population available from the LandScan database, modern and historic country or sub-country population and Gross Domestic Product (GDP) data, and economic loss data from Munich Re's historical earthquakes catalog. We developed a strategy to approximately scale GDP-based economic exposure for historical and recent earthquakes in order to estimate economic losses. The process consists of using a country-specific multiplicative factor to accommodate the disparity between economic exposure and the annual per capita GDP, and it has proven successful in hindcast-ing past losses. Although loss, population, shaking estimates, and economic data used in the calibration process are uncertain, approximate ranges of losses can be estimated for the primary purpose of gauging the overall scope of the disaster and coordinating response. The proposed methodology is both indirect and approximate and is thus best suited as a rapid loss estimation model for applications like the PAGER system.

  3. Estimating the Economic Benefits of Regional Ocean Observing Systems

    National Research Council Canada - National Science Library

    Kite-Powell, Hauke L; Colgan, Charles S; Wellman, Katharine F; Pelsoci, Thomas; Wieand, Kenneth; Pendleton, Linwood; Kaiser, Mark J; Pulsipher, Allan G; Luger, Michael

    2005-01-01

    We develop a methodology to estimate the potential economic benefits from new investments in regional coastal ocean observing systems in US waters, and apply this methodology to generate preliminary...

  4. Heterogeneity in Firm Performance During Economic Crisis

    Directory of Open Access Journals (Sweden)

    Sergio Bruni

    2014-06-01

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

  5. Estimating the economic cost of disability in Ireland

    OpenAIRE

    Cullinan, John; Gannon, Brenda; Lyons, Seán

    2008-01-01

    Addressing the extra economic costs of disability seems a logical step towards alleviating elements of social exclusion for people with disabilities. This paper estimates the economic cost of disability in Ireland in terms of the additional spending needs that arise due to disability. It defines and estimates models of the private costs borne by families with individuals who have a disability in Ireland when compared to the wider population, both in general and by severity of illness. Our mod...

  6. Rapid estimation of the economic consequences of global earthquakes

    Science.gov (United States)

    Jaiswal, Kishor; Wald, David J.

    2011-01-01

    The U.S. Geological Survey's (USGS) Prompt Assessment of Global Earthquakes for Response (PAGER) system, operational since mid 2007, rapidly estimates the most affected locations and the population exposure at different levels of shaking intensities. The PAGER system has significantly improved the way aid agencies determine the scale of response needed in the aftermath of an earthquake. For example, the PAGER exposure estimates provided reasonably accurate assessments of the scale and spatial extent of the damage and losses following the 2008 Wenchuan earthquake (Mw 7.9) in China, the 2009 L'Aquila earthquake (Mw 6.3) in Italy, the 2010 Haiti earthquake (Mw 7.0), and the 2010 Chile earthquake (Mw 8.8). Nevertheless, some engineering and seismological expertise is often required to digest PAGER's exposure estimate and turn it into estimated fatalities and economic losses. This has been the focus of PAGER's most recent development. With the new loss-estimation component of the PAGER system it is now possible to produce rapid estimation of expected fatalities for global earthquakes (Jaiswal and others, 2009). While an estimate of earthquake fatalities is a fundamental indicator of potential human consequences in developing countries (for example, Iran, Pakistan, Haiti, Peru, and many others), economic consequences often drive the responses in much of the developed world (for example, New Zealand, the United States, and Chile), where the improved structural behavior of seismically resistant buildings significantly reduces earthquake casualties. Rapid availability of estimates of both fatalities and economic losses can be a valuable resource. The total time needed to determine the actual scope of an earthquake disaster and to respond effectively varies from country to country. It can take days or sometimes weeks before the damage and consequences of a disaster can be understood both socially and economically. The objective of the U.S. Geological Survey's PAGER system is

  7. Student Performance in Undergraduate Economics Courses

    Science.gov (United States)

    Mumford, Kevin J.; Ohland, Matthew W.

    2011-01-01

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

  8. Models of economic geography: dynamics, estimation and policy evaluation

    OpenAIRE

    Knaap, Thijs

    2004-01-01

    In this thesis we look at economic geography models from a number of angles. We started by placing the theory in a context of preceding theories, both earlier work on spatial economics and other children of the monopolistic competition ‘revolution.’ Next, we looked at the theoretical properties of these models, especially when we allow firms to have different demand functions for intermediate goods. We estimated the model using a dataset on US states, and computed a number of counterfactuals....

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

    Directory of Open Access Journals (Sweden)

    Joana B.M. Almeida

    2013-12-01

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

  10. Estimating the Direct Economic Damage of the Earthquake in Haiti

    OpenAIRE

    Cavallo, Eduardo; Powell, Andrew; Becerra, Oscar

    2010-01-01

    This paper uses simple regression techniques to make an initial assessment of the monetary damages caused by the January 12, 2010 earthquake that struck Haiti. Damages are estimated for a disaster with both 200,000 and 250,000 total dead and missing (i.e., the range of mortality that the earthquake is estimated to have caused) using Haiti’s economic and demographic data. The base estimate is US$8.1bn for a death toll of 250,000, but for several reasons this may be a lower- bound estimate. An ...

  11. Study on the social economic estimation of Chernobyl accident

    International Nuclear Information System (INIS)

    Sagara, Aya; Fujimoto, Noboru; Morita, Koji; Fukuda, Kenji

    2000-01-01

    In order to estimate the external economic effect for the risk of the nuclear power plants, the document research has been carried out, which mainly deals with the economic influence of the Chernobyl accident that occurred on the 26th of April 1986. As a result, the direct and indirect total economic loss between 1986 and 1995 is about $ 80 billion in Belarus, $ 115 billion in Ukraine and 1.15 trillion in Russia. This value, however, is considered as an overestimation, since the environmental contamination with radioactive material and thyroid cancer in Russia is very much the same as in Belarus and Ukraine. Also, the total economic loss is about a billion dollars in west European countries. The total economic loss for the Chernobyl accident is estimated more than about $ 300 billion. On the other hand, the chance occurrence of this kind of major accident of the nuclear power plant is very small in terms of probabilities, and the product of economic loss and frequency is smaller than the cost benefit for the measure of global warming and the energy security in Japan. This kind of problem should be treated as a social problem and study on various external economic effect is necessary. (author)

  12. Micro-Economic Estimation On The Demand Function For ...

    African Journals Online (AJOL)

    The article focused on the estimation of the prostitution demand behaviour in Adamawa State. An econometric model was specified based on economic theory and confronted with both primary and secondary data. Ordinary least square multiple regression techniques were adopted and the linear model was chosen as a ...

  13. Estimation of economic parameters of U.S. hydropower resources

    Energy Technology Data Exchange (ETDEWEB)

    Hall, Douglas G. [Idaho National Lab. (INL), Idaho Falls, ID (United States). Idaho National Engineering and Environmental Lab. (INEEL); Hunt, Richard T. [Idaho National Lab. (INL), Idaho Falls, ID (United States). Idaho National Engineering and Environmental Lab. (INEEL); Reeves, Kelly S. [Idaho National Lab. (INL), Idaho Falls, ID (United States). Idaho National Engineering and Environmental Lab. (INEEL); Carroll, Greg R. [Idaho National Lab. (INL), Idaho Falls, ID (United States). Idaho National Engineering and Environmental Lab. (INEEL)

    2003-06-01

    Tools for estimating the cost of developing and operating and maintaining hydropower resources in the form of regression curves were developed based on historical plant data. Development costs that were addressed included: licensing, construction, and five types of environmental mitigation. It was found that the data for each type of cost correlated well with plant capacity. A tool for estimating the annual and monthly electric generation of hydropower resources was also developed. Additional tools were developed to estimate the cost of upgrading a turbine or a generator. The development and operation and maintenance cost estimating tools, and the generation estimating tool were applied to 2,155 U.S. hydropower sites representing a total potential capacity of 43,036 MW. The sites included totally undeveloped sites, dams without a hydroelectric plant, and hydroelectric plants that could be expanded to achieve greater capacity. Site characteristics and estimated costs and generation for each site were assembled in a database in Excel format that is also included within the EERE Library under the title, “Estimation of Economic Parameters of U.S. Hydropower Resources - INL Hydropower Resource Economics Database.”

  14. Estimates of the Economic Effects of Sea Level Rise

    International Nuclear Information System (INIS)

    Darwin, R.F.; Tol, R.S.J.

    2001-01-01

    Regional estimates of direct cost (DC) are commonly used to measure the economic damages of sea level rise. Such estimates suffer from three limitations: (1) values of threatened endowments are not well known, (2) loss of endowments does not affect consumer prices, and (3) international trade is disregarded. Results in this paper indicate that these limitations can significantly affect economic assessments of sea level rise. Current uncertainty regarding endowment values (as reflected in two alternative data sets), for example, leads to a 17 percent difference in coastal protection, a 36 percent difference in the amount of land protected, and a 36 percent difference in DC globally. Also, global losses in equivalent variation (EV), a welfare measure that accounts for price changes, are 13 percent higher than DC estimates. Regional EV losses may be up to 10 percent lower than regional DC, however, because international trade tends to redistribute losses from regions with relatively high damages to regions with relatively low damages. 43 refs

  15. Estimates of Fermilab Tevatron collider performance

    International Nuclear Information System (INIS)

    Dugan, G.

    1991-09-01

    This paper describes a model which has been used to estimate the average luminosity performance of the Tevatron collider. In the model, the average luminosity is related quantitatively to various performance parameters of the Fermilab Tevatron collider complex. The model is useful in allowing estimates to be developed for the improvements in average collider luminosity to be expected from changes in the fundamental performance parameters as a result of upgrades to various parts of the accelerator complex

  16. Thermo-economic performance of HTGR Brayton power cycles

    International Nuclear Information System (INIS)

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

    2008-01-01

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

  17. Maximum likelihood estimation of finite mixture model for economic data

    Science.gov (United States)

    Phoong, Seuk-Yen; Ismail, Mohd Tahir

    2014-06-01

    Finite mixture model is a mixture model with finite-dimension. This models are provides a natural representation of heterogeneity in a finite number of latent classes. In addition, finite mixture models also known as latent class models or unsupervised learning models. Recently, maximum likelihood estimation fitted finite mixture models has greatly drawn statistician's attention. The main reason is because maximum likelihood estimation is a powerful statistical method which provides consistent findings as the sample sizes increases to infinity. Thus, the application of maximum likelihood estimation is used to fit finite mixture model in the present paper in order to explore the relationship between nonlinear economic data. In this paper, a two-component normal mixture model is fitted by maximum likelihood estimation in order to investigate the relationship among stock market price and rubber price for sampled countries. Results described that there is a negative effect among rubber price and stock market price for Malaysia, Thailand, Philippines and Indonesia.

  18. Bigger is Better, but at What Cost? Estimating the Economic Value of Incremental Data Assets.

    Science.gov (United States)

    Dalessandro, Brian; Perlich, Claudia; Raeder, Troy

    2014-06-01

    Many firms depend on third-party vendors to supply data for commercial predictive modeling applications. An issue that has received very little attention in the prior research literature is the estimation of a fair price for purchased data. In this work we present a methodology for estimating the economic value of adding incremental data to predictive modeling applications and present two cases studies. The methodology starts with estimating the effect that incremental data has on model performance in terms of common classification evaluation metrics. This effect is then translated into economic units, which gives an expected economic value that the firm might realize with the acquisition of a particular data asset. With this estimate a firm can then set a data acquisition price that targets a particular return on investment. This article presents the methodology in full detail and illustrates it in the context of two marketing case studies.

  19. Empirical Estimates in Economic and Financial Optimization Problems

    Czech Academy of Sciences Publication Activity Database

    Houda, Michal; Kaňková, Vlasta

    2012-01-01

    Roč. 19, č. 29 (2012), s. 50-69 ISSN 1212-074X R&D Projects: GA ČR GAP402/10/1610; GA ČR GAP402/11/0150; GA ČR GAP402/10/0956 Institutional research plan: CEZ:AV0Z10750506 Keywords : stochastic programming * empirical estimates * moment generating functions * stability * Wasserstein metric * L1-norm * Lipschitz property * consistence * convergence rate * normal distribution * Pareto distribution * Weibull distribution * distribution tails * simulation Subject RIV: BB - Applied Statistics, Operational Research http://library.utia.cas.cz/separaty/2012/E/houda-empirical estimates in economic and financial optimization problems.pdf

  20. Estimation of Continuous Time Models in Economics: an Overview

    OpenAIRE

    Clifford R. Wymer

    2009-01-01

    The dynamics of economic behaviour is often developed in theory as a continuous time system. Rigorous estimation and testing of such systems, and the analysis of some aspects of their properties, is of particular importance in distinguishing between competing hypotheses and the resulting models. The consequences for the international economy during the past eighteen months of failures in the financial sector, and particularly the banking sector, make it essential that the dynamics of financia...

  1. Performance estimates for personnel access control systems

    International Nuclear Information System (INIS)

    Bradley, R.G.

    1980-10-01

    Current performance estimates for personnel access control systems use estimates of Type I and Type II verification errors. A system performance equation which addresses normal operation, the insider, and outside adversary attack is developed. Examination of this equation reveals the inadequacy of classical Type I and II error evaluations which require detailed knowledge of the adversary threat scenario for each specific installation. Consequently, new performance measures which are consistent with the performance equation and independent of the threat are developed as an aid in selecting personnel access control systems

  2. Assessing the performance of dynamical trajectory estimates

    Science.gov (United States)

    Bröcker, Jochen

    2014-06-01

    Estimating trajectories and parameters of dynamical systems from observations is a problem frequently encountered in various branches of science; geophysicists for example refer to this problem as data assimilation. Unlike as in estimation problems with exchangeable observations, in data assimilation the observations cannot easily be divided into separate sets for estimation and validation; this creates serious problems, since simply using the same observations for estimation and validation might result in overly optimistic performance assessments. To circumvent this problem, a result is presented which allows us to estimate this optimism, thus allowing for a more realistic performance assessment in data assimilation. The presented approach becomes particularly simple for data assimilation methods employing a linear error feedback (such as synchronization schemes, nudging, incremental 3DVAR and 4DVar, and various Kalman filter approaches). Numerical examples considering a high gain observer confirm the theory.

  3. Estimating costs in the economic evaluation of medical technologies.

    Science.gov (United States)

    Luce, B R; Elixhauser, A

    1990-01-01

    The complexities and nuances of evaluating the costs associated with providing medical technologies are often underestimated by analysts engaged in economic evaluations. This article describes the theoretical underpinnings of cost estimation, emphasizing the importance of accounting for opportunity costs and marginal costs. The various types of costs that should be considered in an analysis are described; a listing of specific cost elements may provide a helpful guide to analysis. The process of identifying and estimating costs is detailed, and practical recommendations for handling the challenges of cost estimation are provided. The roles of sensitivity analysis and discounting are characterized, as are determinants of the types of costs to include in an analysis. Finally, common problems facing the analyst are enumerated with suggestions for managing these problems.

  4. Estimating the economic impact of seismic activity in Kyrgyzstan

    Science.gov (United States)

    Pittore, Massimiliano; Sousa, Luis; Grant, Damian; Fleming, Kevin; Parolai, Stefano; Free, Matthew; Moldobekov, Bolot; Takeuchi, Ko

    2017-04-01

    Estimating the short and long-term economical impact of large-scale damaging events such as earthquakes, tsunamis or tropical storms is an important component of risk assessment, whose outcomes are routinely used to improve risk awareness, optimize investments in prevention and mitigation actions, as well as to customize insurance and reinsurance rates to specific geographical regions or single countries. Such estimations can be carried out by modeling the whole causal process, from hazard assessment to the estimation of loss for specific categories of assets. This approach allows a precise description of the various physical mechanisms contributing to direct seismic losses. However, it should reflect the underlying epistemic and random uncertainties in all involved components in a meaningful way. Within a project sponsored by the World Bank, a seismic risk study for the Kyrgyz Republic has been conducted, focusing on the assessment of social and economical impacts assessed in terms of direct losses of the residential and public building stocks. Probabilistic estimates based on stochastic event catalogs have been computed and integrated with the simulation of specific earthquake scenarios. Although very few relevant data are available in the region on the economic consequences of past damaging events, the proposed approach sets a benchmark for decision makers and policy holders to better understand the short and long term consequences of earthquakes in the region. The presented results confirm the high level of seismic risk of the Kyrgyz Republic territory, outlining the most affected regions; thus advocating for significant Disaster Risk Reduction (DRR) measures to be implemented by local decision- and policy-makers.

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

    African Journals Online (AJOL)

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

  6. Economic performance of the SCE Stirling dish

    International Nuclear Information System (INIS)

    Stone, K.W.; Lopez, C.W.; McAlister, R.E.

    1993-01-01

    In 1982 McDonnell Douglas Aerospace Space System (MDA-SS) and United Stirling AB of Sweden formed a joint venture to develop and market a solar Stirling dish unit. Eight modules were built and extensively tested from 1984 to 1988. Power production and daily energy-conversion efficiency as determined by field testing have been characterized and modeled in a computer program. Included in this simulation are models of mirror soiling rate, wind spillage loss, mirror washing and other maintenance outage time, operation and maintenance (O and M) costs and other cost models. An economic model of a hybrid (combustion) receiver has been included in the simulation for illustrating the value of using solar energy when available and other fuels such as methane, natural gas, hydrogen, etc. when solar energy is not available or adequate. This paper describes the simulation and presents comparisons of the simulation to test data. The simulation also estimates both the O and M expenses and levelized energy costs for different production volumes

  7. Economic performance of the SCE Stirling dish

    International Nuclear Information System (INIS)

    Stone, K.W.; Lopez, C.W.; McAlister, R.E.

    1995-01-01

    In 1982 McDonnell Douglas Aerospace (MDA) and United Stirling AB (USAB) of Sweden formed a joint venture to develop and market a solar Stirling dish system. Eight modules were built and extensively tested from 1984 to 1988. Power production and daily energy-conversion efficiency as determined by field testing were characterized and modeled into a computer program. Included in this simulation are models of mirror soiling rate, wind spillage loss, mirror washing, and other maintenance outage time, operation and maintenance (O and M) costs, and equipment purchase cost. An economic model of a hybrid (combustion) receiver has been included in the simulation for illustrating the value of using solar energy when available and other fuels such as methane, natural gas, hydrogen, etc. when solar energy is not available or adequate. This paper describes the simulation and presents comparisons of the simulation to test data. The simulation also estimates both the O and M expenses and levelized energy costs for different production volumes

  8. Self-estimates of attention performance

    Directory of Open Access Journals (Sweden)

    CHRISTOPH MENGELKAMP

    2007-09-01

    Full Text Available In research on self-estimated IQ, gender differences are often found. The present study investigates whether these findings are true for self-estimation of attention, too. A sample of 100 female and 34 male students were asked to fill in the test of attention d2. After taking the test, the students estimated their results in comparison to their fellow students. The results show that the students underestimate their percent rank compared with the actual percent rank they achieved in the test, but estimate their rank order fairly accurately. Moreover, males estimate their performance distinctly higher than females do. This last result remains true even when the real test score is statistically controlled. The results are discussed with regard to research on positive illusions and gender stereotypes.

  9. 26 CFR 1.461-4 - Economic performance.

    Science.gov (United States)

    2010-04-01

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

  10. Application of Korean Specific Data to Economic Cost Estimation by KOSCA-MACCS2

    Energy Technology Data Exchange (ETDEWEB)

    Choi, Sun Yeong; Jang, Seung-Cheol [KAERI, Daejeon (Korea, Republic of)

    2015-05-15

    Default values for various data provided by MACCS2(MELCOR Accident Consequence Code System Version 2) such as population, weather, food, and economic cost are far from current domestic condition. In the case of economic cost data, related default values came from MACCS and WASH-1400. KAERI (Korea Atomic Energy Research Institute) has been developed a Korean-specific level 3 PSA (Probabilistic Safety Assessment) code package based on MACCS2 to reflect domestic condition for off-site consequence analysis. To this end, we performed a study on the domestic specific technical issues for level 3 PSA, which are a dose conversion factor, food chain model, atmospheric dispersion model, and domestic-specific economic effect model. Based on the study, we developed a level 3 PSA code, so-called KOSCAMACCS2 (Korean-specific Off-Site Consequence Analysis based on MACCS2). The purpose of this paper is to introduce economic cost variable provided by KOSCA-MACCS2 and application of Korean-specific data to the related economic cost estimation with KOSCA-MACCS2. In this paper, we introduced economic cost variable provided by KOSCA-MACCS2 and suggested the application plan of Korean-specific data to the related economic cost estimation. To this end, we considered data sources for those economic cost variables to reflect Korea-specific features such as data by Statistics Korea or Bank of Korea etc. For the decontamination related variables, we applied foreign literatures to apply data, which are Extern-E and UNESCO Chernobyl Forum data. Based on the data resources we estimated data for input variables related to economic cost estimation.

  11. Application of Korean Specific Data to Economic Cost Estimation by KOSCA-MACCS2

    International Nuclear Information System (INIS)

    Choi, Sun Yeong; Jang, Seung-Cheol

    2015-01-01

    Default values for various data provided by MACCS2(MELCOR Accident Consequence Code System Version 2) such as population, weather, food, and economic cost are far from current domestic condition. In the case of economic cost data, related default values came from MACCS and WASH-1400. KAERI (Korea Atomic Energy Research Institute) has been developed a Korean-specific level 3 PSA (Probabilistic Safety Assessment) code package based on MACCS2 to reflect domestic condition for off-site consequence analysis. To this end, we performed a study on the domestic specific technical issues for level 3 PSA, which are a dose conversion factor, food chain model, atmospheric dispersion model, and domestic-specific economic effect model. Based on the study, we developed a level 3 PSA code, so-called KOSCAMACCS2 (Korean-specific Off-Site Consequence Analysis based on MACCS2). The purpose of this paper is to introduce economic cost variable provided by KOSCA-MACCS2 and application of Korean-specific data to the related economic cost estimation with KOSCA-MACCS2. In this paper, we introduced economic cost variable provided by KOSCA-MACCS2 and suggested the application plan of Korean-specific data to the related economic cost estimation. To this end, we considered data sources for those economic cost variables to reflect Korea-specific features such as data by Statistics Korea or Bank of Korea etc. For the decontamination related variables, we applied foreign literatures to apply data, which are Extern-E and UNESCO Chernobyl Forum data. Based on the data resources we estimated data for input variables related to economic cost estimation

  12. SECPOP90: Sector population, land fraction, and economic estimation program

    Energy Technology Data Exchange (ETDEWEB)

    Humphreys, S.L.; Rollstin, J.A.; Ridgely, J.N.

    1997-09-01

    In 1973 Mr. W. Athey of the Environmental Protection Agency wrote a computer program called SECPOP which calculated population estimates. Since that time, two things have changed which suggested the need for updating the original program - more recent population censuses and the widespread use of personal computers (PCs). The revised computer program uses the 1990 and 1992 Population Census information and runs on current PCs as {open_quotes}SECPOP90.{close_quotes} SECPOP90 consists of two parts: site and regional. The site provides population and economic data estimates for any location within the continental United States. Siting analysis is relatively fast running. The regional portion assesses site availability for different siting policy decisions; i.e., the impact of available sites given specific population density criteria within the continental United States. Regional analysis is slow. This report compares the SECPOP90 population estimates and the nuclear power reactor licensee-provided information. Although the source, and therefore the accuracy, of the licensee information is unknown, this comparison suggests SECPOP90 makes reasonable estimates. Given the total uncertainty in any current calculation of severe accidents, including the potential offsite consequences, the uncertainty within SECPOP90 population estimates is expected to be insignificant. 12 refs., 55 figs., 7 tabs.

  13. SECPOP90: Sector population, land fraction, and economic estimation program

    International Nuclear Information System (INIS)

    Humphreys, S.L.; Rollstin, J.A.; Ridgely, J.N.

    1997-09-01

    In 1973 Mr. W. Athey of the Environmental Protection Agency wrote a computer program called SECPOP which calculated population estimates. Since that time, two things have changed which suggested the need for updating the original program - more recent population censuses and the widespread use of personal computers (PCs). The revised computer program uses the 1990 and 1992 Population Census information and runs on current PCs as open-quotes SECPOP90.close quotes SECPOP90 consists of two parts: site and regional. The site provides population and economic data estimates for any location within the continental United States. Siting analysis is relatively fast running. The regional portion assesses site availability for different siting policy decisions; i.e., the impact of available sites given specific population density criteria within the continental United States. Regional analysis is slow. This report compares the SECPOP90 population estimates and the nuclear power reactor licensee-provided information. Although the source, and therefore the accuracy, of the licensee information is unknown, this comparison suggests SECPOP90 makes reasonable estimates. Given the total uncertainty in any current calculation of severe accidents, including the potential offsite consequences, the uncertainty within SECPOP90 population estimates is expected to be insignificant. 12 refs., 55 figs., 7 tabs

  14. Privatization and Economic Performance: Evidence from Nigeria ...

    African Journals Online (AJOL)

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

  15. Performance Estimation for Lowpass Ternary Filters

    Directory of Open Access Journals (Sweden)

    Brenton Steele

    2003-11-01

    Full Text Available Ternary filters have tap values limited to −1, 0, or +1. This restriction in tap values greatly simplifies the multipliers required by the filter, making ternary filters very well suited to hardware implementations. Because they incorporate coarse quantisation, their performance is typically limited by tap quantisation error. This paper derives formulae for estimating the achievable performance of lowpass ternary filters, thereby allowing the number of computationally intensive design iterations to be reduced. Motivated by practical communications systems requirements, the performance measure which is used is the worst-case stopband attenuation.

  16. real exchange rate misalignment and economic performance in ...

    African Journals Online (AJOL)

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

  17. Performance, Economics of Production and Carcass Characteristics ...

    African Journals Online (AJOL)

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

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

    Directory of Open Access Journals (Sweden)

    OANA SIMONA HUDEA (CARAMAN

    2012-05-01

    Full Text Available This paper intends to render several important factors of impact on economic growth and to describe the particular types of relationships of the latter with each one of its influencing elements. In order to correctly determine such issue, we have resorted to three carefully selected models that have been estimated and compared so as to identify the most adequate and representative regression. For this purpose we have performed an analysis based on cross-section annual data for 105 countries spread all over the world. After having tested and rejected certain exogenous variables initially considered, such as imports or exports, we have finally retained the external debt and foreign direct investments as explanatory items of the dependent variable. The results revealed that both of them positively affect the gross domestic product of the analysed countries, this one being inelastic in relation to the exogenous variables considered. Even if the relationship between the economic growth and the external debt of a country is usually negative, as the money exit out of the country due to the debt service causes non-achieved potential investments, yet, there is an inflexion point up to which the external debt has a positive influence on economic growth by the increase of the investments funds acquired as result of the external credit contracting, this being the case reflected by our study. As for the relationship existing between foreign direct investments and GDP, the economic theory confirms that FDI and economic growth are directly correlated, the former contributing to technical progress, production increase and, finally, to the improvement of the living standard.

  19. Estimation of economic costs of particulate air pollution from road transport in China

    Science.gov (United States)

    Guo, X. R.; Cheng, S. Y.; Chen, D. S.; Zhou, Y.; Wang, H. Y.

    2010-09-01

    Valuation of health effects of air pollution is becoming a critical component of the performance of cost-benefit analysis of pollution control measures, which provides a basis for setting priorities for action. Beijing has focused on control of transport emission as vehicular emissions have recently become an important source of air pollution, particularly during Olympic games and Post-games. In this paper, we conducted an estimation of health effects and economic cost caused by road transport-related air pollution using an integrated assessment approach which utilizes air quality model, engineering, epidemiology, and economics. The results show that the total economic cost of health impacts due to air pollution contributed from transport in Beijing during 2004-2008 was 272, 297, 310, 323, 298 million US (mean value), respectively. The economic costs of road transport accounted for 0.52, 0.57, 0.60, 0.62, and 0.58% of annual Beijing GDP from 2004 to 2008. Average cost per vehicle and per ton of PM 10 emission from road transport can also be estimated as 106 US /number and 3584 US $ t -1, respectively. These findings illustrate that the impact of road transport contributed particulate air pollution on human health could be substantial in Beijing, whether in physical and economic terms. Therefore, some control measures to reduce transport emissions could lead to considerable economic benefit.

  20. Cooperation, social capital and economic performance

    Directory of Open Access Journals (Sweden)

    Marcos Fernandes Gonçalves da Silva

    2006-09-01

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

  1. Migrant entrepreneurship, economic activity and export performance

    DEFF Research Database (Denmark)

    Baklanov, Nikita; Rezaei, Shahamak; Vang, Jan

    2014-01-01

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

  2. Applicability of genetic algorithms to parameter estimation of economic models

    Directory of Open Access Journals (Sweden)

    Marcel Ševela

    2004-01-01

    Full Text Available The paper concentrates on capability of genetic algorithms for parameter estimation of non-linear economic models. In the paper we test the ability of genetic algorithms to estimate of parameters of demand function for durable goods and simultaneously search for parameters of genetic algorithm that lead to maximum effectiveness of the computation algorithm. The genetic algorithms connect deterministic iterative computation methods with stochastic methods. In the genteic aůgorithm approach each possible solution is represented by one individual, those life and lifes of all generations of individuals run under a few parameter of genetic algorithm. Our simulations resulted in optimal mutation rate of 15% of all bits in chromosomes, optimal elitism rate 20%. We can not set the optimal extend of generation, because it proves positive correlation with effectiveness of genetic algorithm in all range under research, but its impact is degreasing. The used genetic algorithm was sensitive to mutation rate at most, than to extend of generation. The sensitivity to elitism rate is not so strong.

  3. The economic performance of regions in the Czech Republic

    Directory of Open Access Journals (Sweden)

    Lenka Procházková

    2013-01-01

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

  4. Migrant entrepreneurship, economic activity and export performance:

    DEFF Research Database (Denmark)

    Vang, Jan; Baklanov, Nikita; Rezaei, Shahamak

    Recent studies on transnational entrepreneurship) suggest that migrant entrepreneur play an increasingly significant role as sources of economic activities and especially export revenue. The literature is, however, biased on the US experience, lacks a comparative perspective between migrants...... and non-migrants and is primarily anecdotal in nature (Saxenian, 2002; 2006, Ruzzlier et al, 2007; Honig and Drori, 2010, Drodi et al, 2010)). This paper aims at reducing this gap by mapping the recent changes in the role of migrant entrepreneurs as a source of increased economic activity and export...... in across ethic categories. Export revenue is proxied by the number of firms in the different ethnic categories that exports. The Danish context provides unique data allowing for a comparison across migrants and non-migrants, across sectors and across time. The paper reveals that migrants play a decreasing...

  5. Performance of a vector velocity estimator

    DEFF Research Database (Denmark)

    Munk, Peter; Jensen, Jørgen Arendt

    1998-01-01

    tracking can be found in the literature, but no method with a satisfactory performance has been found that can be used in a commercial implementation. A method for estimation of the velocity vector is presented. Here an oscillation transverse to the ultrasound beam is generated, so that a transverse motion...... in an autocorrelation approach that yields both the axial and the lateral velocity, and thus the velocity vector. The method has the advantage that a standard array transducer and a modified digital beamformer, like those used in modern ultrasound scanners, is sufficient to obtain the information needed. The signal...

  6. Thermodynamics, data estimation and performance assessment

    International Nuclear Information System (INIS)

    Grenthe, I.

    2002-01-01

    Performance assessment provides a narrative of a system and its development. One may use a literary metaphor; the procedure is like writing a novel where the 'chapters' are the various sub-systems and where both the 'plot' and the 'grammar' are based on scientific and other information, some hard facts and other more or less reliable guesses. I will begin with some general remarks on models, which may provide a useful starting point for what follows. - Models never provide complete descriptions of real systems; they are used to highlight certain aspects of them and to answer 'what-if' questions; - Modelling is an iterative process that provides guidance as to what are important phenomena and what is less relevant for the description of the system and its function; - It is necessary to distinguish between model uncertainties and parameter uncertainties; - It is often better to estimate a quantity for which no data are available than to exclude the particular process where it is needed. Thermodynamics provide not only numerical values for different chemical processes, but more important a theory framework that can be used for the estimation of data. I will not discuss activity coefficient corrections of thermodynamic data, an important area that has already been addressed by Professor Fanghaenel. In the following overview I will be using examples of estimations of different kinds to illustrate what can be accomplished using thermodynamics in combination with chemical theories. (author)

  7. Estimating Stair Running Performance Using Inertial Sensors

    Directory of Open Access Journals (Sweden)

    Lauro V. Ojeda

    2017-11-01

    Full Text Available Stair running, both ascending and descending, is a challenging aerobic exercise that many athletes, recreational runners, and soldiers perform during training. Studying biomechanics of stair running over multiple steps has been limited by the practical challenges presented while using optical-based motion tracking systems. We propose using foot-mounted inertial measurement units (IMUs as a solution as they enable unrestricted motion capture in any environment and without need for external references. In particular, this paper presents methods for estimating foot velocity and trajectory during stair running using foot-mounted IMUs. Computational methods leverage the stationary periods occurring during the stance phase and known stair geometry to estimate foot orientation and trajectory, ultimately used to calculate stride metrics. These calculations, applied to human participant stair running data, reveal performance trends through timing, trajectory, energy, and force stride metrics. We present the results of our analysis of experimental data collected on eleven subjects. Overall, we determine that for either ascending or descending, the stance time is the strongest predictor of speed as shown by its high correlation with stride time.

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

    International Nuclear Information System (INIS)

    Davidsdottir, B.; Fisher, M.

    2011-01-01

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

  9. THE ECONOMIC PERFORMANCE BETWEEN THE PAST, PRESENT AND FUTURE

    Directory of Open Access Journals (Sweden)

    BAKÓ KINGA-ERZSÉBET

    2017-11-01

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

  10. Economic Optimization of Spray Dryer Operation using Nonlinear Model Predictive Control with State Estimation

    DEFF Research Database (Denmark)

    Petersen, Lars Norbert; Jørgensen, John Bagterp; Rawlings, James B.

    2015-01-01

    In this paper, we develop an economically optimizing Nonlinear Model Predictive Controller (E-NMPC) for a complete spray drying plant with multiple stages. In the E-NMPC the initial state is estimated by an extended Kalman Filter (EKF) with noise covariances estimated by an autocovariance least...... squares method (ALS). We present a model for the spray drying plant and use this model for simulation as well as for prediction in the E-NMPC. The open-loop optimal control problem in the E-NMPC is solved using the single-shooting method combined with a quasi-Newton Sequential Quadratic programming (SQP......) algorithm and the adjoint method for computation of gradients. We evaluate the economic performance when unmeasured disturbances are present. By simulation, we demonstrate that the E-NMPC improves the profit of spray drying by 17% compared to conventional PI control....

  11. Share Contract Choices and Economic Performance

    DEFF Research Database (Denmark)

    Salazar Espinoza, César Antonio

    2015-01-01

    framework, we estimate a dose-response function to study the formation of contracts and identify the marginal effects of changes in crew profit shares on fishing returns in Chilean artisanal fisheries. The results support share contract choices based on bargaining power, monitoring costs, technology, state...... of fishing resources, and outside options. We find significant effects of increasing crew profit shares on vessel owner returns in the interval (0.25, 0.65). The results vary across fisheries, however. While the effects are not significant in the fish group, they are larger and robust for molluscs...

  12. Conversion to organic wine production: exploring the economic performance impacts

    OpenAIRE

    Nisén, Pia

    2014-01-01

    This study focuses on understanding the relationship between organic wine production and economic performance. The aim of this study is to clarify, what are the economic impacts that result from the conversion of wine production from conventional to organic. This is an interesting topic to be explored in more detail because despite the increasing demand of organic wine and share of vineyard area used for organic winemaking, the economic consequences of the conversion are still somewhat unclea...

  13. The Process to Estimate Economical Benefits of Six Sigma Projects

    Directory of Open Access Journals (Sweden)

    Jan Kosina

    2013-07-01

    Full Text Available This paper seeks to define the process for the continuous evaluation of the financial benefits during Six Sigma project life time. The financial criteria are critical success factors of a Six Sigma project. The process has been developed as part of the six sigma project monitoring in order to estimate proper allocation of the resources taking in account the expected project benefits as well as evaluationof real achievements. The evaluation of the finacial benefits based on the quality costs is not sufficient in the real life and has to be accomplished with key financial performance indicators of the business to visualize the results. The evaluation based on the savings seems to be too difficult especially for green belts. The early involvement of the finance department in the project definition as well as ongoing evaluation is key. The defined process has been applied to real business enviroment.

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

    Science.gov (United States)

    Shriver, K A

    1986-01-01

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

  15. Models of economic geography : dynamics, estimation and policy evaluation

    NARCIS (Netherlands)

    Knaap, Thijs

    2004-01-01

    In this thesis we look at economic geography models from a number of angles. We started by placing the theory in a context of preceding theories, both earlier work on spatial economics and other children of the monopolistic competition ‘revolution.’ Next, we looked at the theoretical properties of

  16. Factors influencing economic performance of the South Moravian Region

    Directory of Open Access Journals (Sweden)

    Iva Živělová

    2011-01-01

    Full Text Available The paper deals with selected factors influencing economic performance of the South Moravian Region in the years 2003–2009. The economic performance of the region is evaluated by means of a contribution to the Gross Domestic Product of the Czech Republic. Considering the fact that the level of economic activity depends on the exploitation rate of production factors in the considered region, both development of soil exploitation rate and development of labour market indicators correlated with working force utilization are analysed, a number of employed adults and registered unemployment are taken into consideration. Attention is paid to the economic activity rate. The formation of the Gross Fixed Capital, which an assumption of favourable economic performance, and development of Gross Added Value are evaluated.All the regions nowadays fumble with the negative impacts of the economic crisis. According to the analysis of the economic performance of the South Moravian Region and the analysis of the factors influencing this performance, it could be stated, that the development of the South Moravian Region could be evaluated quite positively.

  17. Economic and environmental performance of the food industry

    DEFF Research Database (Denmark)

    Akkerman, Renzo; van Donk, Dirk Pieter

    2007-01-01

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

  18. economic assessment of the performance of private sector ...

    African Journals Online (AJOL)

    Admin

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

  19. Biogas engine performance estimation using ANN

    Directory of Open Access Journals (Sweden)

    Yusuf Kurtgoz

    2017-12-01

    Full Text Available Artificial neural network (ANN method was used to estimate the thermal efficiency (TE, brake specific fuel consumption (BSFC and volumetric efficiency (VE values of a biogas engine with spark ignition at different methane (CH4 ratios and engine load values. For this purpose, the biogas used in the biogas engine was produced by the anaerobic fermentation method from bovine manure and different CH4 contents (51%, 57%, 87% were obtained by purification of CO2 and H2S. The data used in the ANN models were obtained experimentally from a 4-stroke four-cylinder, spark ignition engine, at constant speed for different load and CH4 ratios. Using some of the obtained experimental data, ANN models were developed, and the rest was used to test the developed models. In the ANN models, the CH4 ratio of the fuel, engine load, inlet air temperature (Tin, air fuel ratio and the maximum cylinder pressure are chosen as the input parameters. TE, BSFC and VE are used as the output parameters. Root mean square error (RMSE, mean absolute percentage error (MAPE and correlation coefficient (R performance indicators are used to compare measured and predicted values. It has been shown that ANN models give good results in spark ignition biogas engines with high correlation and low error rates for TE, BSFC and VE values.

  20. Estimating cellular network performance during hurricanes

    International Nuclear Information System (INIS)

    Booker, Graham; Torres, Jacob; Guikema, Seth; Sprintson, Alex; Brumbelow, Kelly

    2010-01-01

    Cellular networks serve a critical role during and immediately after a hurricane, allowing citizens to contact emergency services when land-line communication is lost and serving as a backup communication channel for emergency responders. However, due to their ubiquitous deployment and limited design for extreme loading events, basic network elements, such as cellular towers and antennas are prone to failures during adverse weather conditions such as hurricanes. Accordingly, a systematic and computationally feasible approach is required for assessing and improving the reliability of cellular networks during hurricanes. In this paper we develop a new multi-disciplinary approach to efficiently and accurately assess cellular network reliability during hurricanes. We show how the performance of a cellular network during and immediately after future hurricanes can be estimated based on a combination of hurricane wind field models, structural reliability analysis, Monte Carlo simulation, and cellular network models and simulation tools. We then demonstrate the use of this approach for assessing the improvement in system reliability that can be achieved with discrete topological changes in the system. Our results suggest that adding redundancy, particularly through a mesh topology or through the addition of an optical fiber ring around the perimeter of the system can be an effective way to significantly increase the reliability of some cellular systems during hurricanes.

  1. Determinants of Malaysian and Singaporean Economics Undergraduates' Academic Performance

    OpenAIRE

    Chang Da Wan; Roland K. Cheo

    2012-01-01

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

  2. Estimating the Economic Benefits of Forward-Engaged Naval Forces

    National Research Council Canada - National Science Library

    Looney, Robert E; Schrady, David A; Brown, Ronald L

    2001-01-01

    In preparing for the 1997 quadrennial defense review, U.S. Navy leaders asked the Naval Postgraduate School to study the economic benefits of forward-engaged naval forces and communicate them to policy makers and the public...

  3. Corporate sustainability: environmental, social, economic and corporate performance

    Directory of Open Access Journals (Sweden)

    Alena Kocmanová

    2011-01-01

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

  4. Estimating the Cost of Neurosurgical Procedures in a Low-Income Setting: An Observational Economic Analysis.

    Science.gov (United States)

    Abdelgadir, Jihad; Tran, Tu; Muhindo, Alex; Obiga, Doomwin; Mukasa, John; Ssenyonjo, Hussein; Muhumza, Michael; Kiryabwire, Joel; Haglund, Michael M; Sloan, Frank A

    2017-05-01

    There are no data on cost of neurosurgery in low-income and middle-income countries. The objective of this study was to estimate the cost of neurosurgical procedures in a low-resource setting to better inform resource allocation and health sector planning. In this observational economic analysis, microcosting was used to estimate the direct and indirect costs of neurosurgical procedures at Mulago National Referral Hospital (Kampala, Uganda). During the study period, October 2014 to September 2015, 1440 charts were reviewed. Of these patients, 434 had surgery, whereas the other 1006 were treated nonsurgically. Thirteen types of procedures were performed at the hospital. The estimated mean cost of a neurosurgical procedure was $542.14 (standard deviation [SD], $253.62). The mean cost of different procedures ranged from $291 (SD, $101) for burr hole evacuations to $1,221 (SD, $473) for excision of brain tumors. For most surgeries, overhead costs represented the largest proportion of the total cost (29%-41%). This is the first study using primary data to determine the cost of neurosurgery in a low-resource setting. Operating theater capacity is likely the binding constraint on operative volume, and thus, investing in operating theaters should achieve a higher level of efficiency. Findings from this study could be used by stakeholders and policy makers for resource allocation and to perform economic analyses to establish the value of neurosurgery in achieving global health goals. Copyright © 2017 Elsevier Inc. All rights reserved.

  5. The economic and financial performance of Bahrain's Fisheries Sector

    International Nuclear Information System (INIS)

    Abdulqader, E.A.A.

    2007-01-01

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

  6. Estimate of the economic impact of mastitis: A case study in a Holstein dairy herd under tropical conditions.

    Science.gov (United States)

    Guimarães, Juliana L B; Brito, Maria A V P; Lange, Carla C; Silva, Márcio R; Ribeiro, João B; Mendonça, Letícia C; Mendonça, Juliana F M; Souza, Guilherme N

    2017-07-01

    The aim of this study was to estimate the economic impact of mastitis at the herd level and the weight (percent) of the components of this impact in a Holstein dairy herd under tropical conditions. Three estimates of the economic impact of mastitis were performed. In estimates 1 and 2 the real production and economic indices from February 2011 to January 2012 were considered. In the estimate 1, indices for mastitis classified as ideal were considered, whereas in the estimate 2, the mastitis indices used were those recorded at the farm and at Holstein Cattle Association of Minas Gerais State database (real indices). Ideal mastitis indices were bulk milk somatic cell counts less than 250,000 cells/mL, incidence of clinical mastitis less than 25 cases/100 cows/year, number of culls due to udder health problems less than 5% and the percentage of cows with somatic cell counts greater than 200,000 cells/mL less than 20%. Considering the ideal indices of mastitis, the economic impact was US$19,132.35. The three main components of the economic impact were culling cows (39.4%) and the reduction in milk production due to subclinical and clinical mastitis (32.3% and 18.2%, respectively). Estimate 2 using real mastitis indices showed an economic impact of US$61,623.13 and the reduction in milk production due to mastitis (77.7%) and milk disposal (14.0%) were the most relevant components. The real impact of culling cows was approximately 16 times less than the weight that was considered ideal, indicating that this procedure could have been more frequently adopted. The reduction in milk production was 27.2% higher than the reduction in Estimate 1, indicating a need to control and prevent mastitis. The estimate 3 considered the same indices as estimate 2, but for the period from February 2012 to January 2013. Its economic impact was US$91,552.69. During this period, 161 treatments of cows with an intramammary antibiotic were performed to eliminate Streptococcus agalactiae, and

  7. Economic estimation of risk and compensation of damage from accidents in power engineering objects

    International Nuclear Information System (INIS)

    Lesnykh, V.V.

    1996-01-01

    Place and basic peculiarities of the task relative to compensation of damage due to accidents in the problem on technical-economical studies of the power engineering objects, including NPPs, are analyzed. Certain approaches in the task of the risk economical estimates and basic provisions of the economical damage compensation system are presented. Description of imitated and analytical approach in the task of estimating financial state is given and certain study results are presented. 11 refs., 8 figs

  8. ESTIMATING FINANCIAL SUPPORT OF REGIONAL PROGRAMS OF SOCIAL ECONOMIC DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Iryna Kokhan

    2016-03-01

    Full Text Available The given article presents the analysis of the experience of the financial support of the regional programs of social economic development and the areas of usage of internal and external resources of the area. Dynamic and balanced development of regions is one of the most important issues for further establishment of marketing relations and social transformations in Ukraine. The Aim lies in the evaluation of financial support of the approved regional programs and launching the amount of their financing. The assessment of social economic situation in Ivano-Frankivsk region in terms of nationwide tendencies allows asserting that economic growth depends on the amounts and sources provided by the state. To determine close connection between  the amount of financing  for the programs  and  gross domestic product, the coefficient of correlation was calculated according to Pierson. It was proved that the amount of financing regional programs of social economic development influences the growth rate of gross domestic product. During research period the activation of regional authority institutions is being surveyed regarding the adoption and financing target regional programs. It was determined that the dynamic activity of the regional community and its territorial units on realization in terms of defined strategic priorities for programs of social economic development will facilitate disproportion reduction and differences in the development of territory units in the region, as well as positively influences the growth of gross domestic product providing steady increase of social welfare. Keywords: social economic regional development, ecology programs, social programs, gross regional domestic product, Pierson’s correlation coefficient. JEL: R 58

  9. PERFORMANCE ANALYSIS OF METHODS FOR ESTIMATING ...

    African Journals Online (AJOL)

    2014-12-31

    Dec 31, 2014 ... speed is the most significant parameter of the wind energy. ... wind-powered generators and applied to estimate potential power output at various ...... Wind and Solar Power Systems, U.S. Merchant Marine Academy Kings.

  10. Class Attendance and Performance in Principles of Economics

    Science.gov (United States)

    Cohn, Elchanan; Johnson, Eric

    2006-01-01

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

  11. Cost estimates and economic evaluations for conceptual LLRW disposal facility designs

    Energy Technology Data Exchange (ETDEWEB)

    Baird, R.D.; Chau, N. [Rogers & Associates Engineering Corp., Salt Lake City, UT (United States); Breeds, C.D. [SubTerra, Inc., Redmond, WA (United States)

    1995-12-31

    Total life-cycle costs were estimated in support of the New York LLRW Siting Commission`s project to select a disposal method from four near-surface LLRW disposal methods (namely, uncovered above-grade vaults, covered above-grade vaults, below-grade vaults, and augered holes) and two mined methods (namely, vertical shaft mines and drift mines). Conceptual designs for the disposal methods were prepared and used as the basis for the cost estimates. Typical economic performance of each disposal method was assessed. Life-cycle costs expressed in 1994 dollars ranged from $ 1,100 million (for below-grade vaults and both mined disposal methods) to $2,000 million (for augered holes). Present values ranged from $620 million (for below-grade vaults) to $ 1,100 million (for augered holes).

  12. Systems and economics for the estimation of uranium potential supply

    International Nuclear Information System (INIS)

    Harris, D.P.; Ortiz-Vertiz, R.; Chavex, M.L.; Agbolosoo, E.K.

    1981-07-01

    This report consists of four parts, each one reasonably complete unto itself: Part I - Potential Supply Systems Based upon the Simulation of Sequential Exploration and Economic Decisions -- Systems Designed for the Analysis of NURE Endowment; Part II - Crustal Abundance and a Potential Supply System; Part III - An Investigation of Productivity and Technical Change in Exploration for and Production of Uranium; and Part IV - The Use of Solute Transport Models to Generate Geochemical Responses from a Hypothetical Uranium Deposit - An Early Effort in the Exploration Model Design. The bulk of this research was devoted to the design of potential supply systems. However, in that such systems require the modeling of exploration and exploitation, both of these activities were investigated as economic phenomena and as the subjects of models. Part I represents the largest of the research efforts. An attempt was made to design a system in which exploration is modeled in terms of both its efficiency and economics. While the exploration model demonstrated in this report is for roll-type sandstone deposits, this potential supply system, as a system per se, also applies to tabular deposits (San Juan Basin). Part II explores the concept of crustal abundance and existing crustal abundance models. The design of this crustal abundance potential supply system differs from that of any previously constructedcrustal abundance models in that it explicitly considers the third dimension, depth to deposit, and it places great emphasis upon the credible representation of the economics of exploration and exploitation. Part III reports on an attempt to measure the magnitude of technical change and depletion on the productivity of exploration and mining. This research examined these issues from the perspective of the economist, not the engineer. Part IV reports on an investigation of the feasibility of modeling the geochemical exploration for uranium, radon, and helium plumes

  13. Social Responsibility and Economic Efficiency: aspects of estimation

    OpenAIRE

    Filippova, Irina

    2014-01-01

    The article discusses the concept of social responsibility of state and business in terms of effectiveness of social production system. In this perspective the traditional approaches to determining the effectiveness of the economic system were critically reviewed. Not only new approach to assessing the effectiveness being proposed in this paper, but also the link between effectiveness of public production system and social responsibility of core subjects is substantiated. Conventional approac...

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

    Directory of Open Access Journals (Sweden)

    Kazeem Bello Ajide

    2015-03-01

    Full Text Available The controversies that trailed whether direct impact of Foreign Direct Investment (FDI on growth are conditional on a certain intermediating links or not, has made an inquiry into the likely mediating links in the FDI growth space a recurring subject of discourse.While the importance of institution has prominently featured as playing a vital role on the one hand, economic freedom (a key institutional component has consistently been elected, as a good candidate surrogate on the other hand. It is against this backdrop this study examines the effect of FDI inflow on economic performance in the SSA region giving prominence to economic freedom. The results support the view that economic freedom is germane in influencing the economic-wide performance in the region but have insignificant effects on the different sector performances. It is recommended that economic freedom be given priority in the region and FDI should be attracted to other sectors other than the primary sector, as it is the case.

  15. Improvement of economic potential estimation methods for enterprise with potential branch clusters use

    Directory of Open Access Journals (Sweden)

    V.Ya. Nusinov

    2017-08-01

    Full Text Available The research determines that the current existing methods of enterprise’s economic potential estimation are based on the use of additive, multiplicative and rating models. It is determined that the existing methods have a row of defects. For example, not all the methods take into account the branch features of the analysis, and also the level of development of the enterprise comparatively with other enterprises. It is suggested to level such defects by an account at the estimation of potential integral level not only by branch features of enterprises activity but also by the intra-account economic clusterization of such enterprises. Scientific works which are connected with the using of clusters for the estimation of economic potential are generalized. According to the results of generalization it is determined that it is possible to distinguish 9 scientific approaches in this direction: the use of natural clusterization of enterprises with the purpose of estimation and increase of region potential; the use of natural clusterization of enterprises with the purpose of estimation and increase of industry potential; use of artificial clusterization of enterprises with the purpose of estimation and increase of region potential; use of artificial clusterization of enterprises with the purpose of estimation and increase of industry potential; the use of artificial clusterization of enterprises with the purpose of clustering potential estimation; the use of artificial clusterization of enterprises with the purpose of estimation of clustering competitiveness potential; the use of natural (artificial clusterization for the estimation of clustering efficiency; the use of natural (artificial clusterization for the increase of level at region (industries development; the use of methods of economic potential of region (industries estimation or its constituents for the construction of the clusters. It is determined that the use of clusterization method in

  16. MEASUREMENT: ACCOUNTING FOR RELIABILITY IN PERFORMANCE ESTIMATES.

    Science.gov (United States)

    Waterman, Brian; Sutter, Robert; Burroughs, Thomas; Dunagan, W Claiborne

    2014-01-01

    When evaluating physician performance measures, physician leaders are faced with the quandary of determining whether departures from expected physician performance measurements represent a true signal or random error. This uncertainty impedes the physician leader's ability and confidence to take appropriate performance improvement actions based on physician performance measurements. Incorporating reliability adjustment into physician performance measurement is a valuable way of reducing the impact of random error in the measurements, such as those caused by small sample sizes. Consequently, the physician executive has more confidence that the results represent true performance and is positioned to make better physician performance improvement decisions. Applying reliability adjustment to physician-level performance data is relatively new. As others have noted previously, it's important to keep in mind that reliability adjustment adds significant complexity to the production, interpretation and utilization of results. Furthermore, the methods explored in this case study only scratch the surface of the range of available Bayesian methods that can be used for reliability adjustment; further study is needed to test and compare these methods in practice and to examine important extensions for handling specialty-specific concerns (e.g., average case volumes, which have been shown to be important in cardiac surgery outcomes). Moreover, it's important to note that the provider group average as a basis for shrinkage is one of several possible choices that could be employed in practice and deserves further exploration in future research. With these caveats, our results demonstrate that incorporating reliability adjustment into physician performance measurements is feasible and can notably reduce the incidence of "real" signals relative to what one would expect to see using more traditional approaches. A physician leader who is interested in catalyzing performance improvement

  17. REVERSIBLE IMPAIRMENT OF ASSETS AND THE IMPACT ON ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    MIRON VASILE-CRISTIAN-IOACHIM

    2015-03-01

    Full Text Available Economic performance is an essential objective of economic entities activating in the energy sector. The profit and loss account provides relevant information for performance analyzes, but evaluating the factors which determined the modification of the financial result demands detailed analyzes based on specific techniques. This paper develops and implements an econometric model that analyses the relation between gross profit and the reversible impairment of assets. The results of the analysis have shown that, in the energy sector, there is a significant connection between those two variables.

  18. Simplicity: the key to improved safety, performance and economics

    International Nuclear Information System (INIS)

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

    1989-01-01

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

  19. Reassessing Wind Potential Estimates for India: Economic and Policy Implications

    Energy Technology Data Exchange (ETDEWEB)

    Phadke, Amol; Bharvirkar, Ranjit; Khangura, Jagmeet

    2011-09-15

    We assess developable on-shore wind potential in India at three different hub-heights and under two sensitivity scenarios – one with no farmland included, the other with all farmland included. Under the “no farmland included” case, the total wind potential in India ranges from 748 GW at 80m hub-height to 976 GW at 120m hub-height. Under the “all farmland included” case, the potential with a minimum capacity factor of 20 percent ranges from 984 GW to 1,549 GW. High quality wind energy sites, at 80m hub-height with a minimum capacity factor of 25 percent, have a potential between 253 GW (no farmland included) and 306 GW (all farmland included). Our estimates are more than 15 times the current official estimate of wind energy potential in India (estimated at 50m hub height) and are about one tenth of the official estimate of the wind energy potential in the US.

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

    International Nuclear Information System (INIS)

    Kim, Nam Seok

    2010-01-01

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

  1. GDP Structure and Economic Performance in Sub-Saharan Countries

    Directory of Open Access Journals (Sweden)

    Luboš Smutka

    2014-01-01

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

  2. Economic structure and performance of forest-based industries

    International Nuclear Information System (INIS)

    O'Laughlin, J.

    1989-01-01

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

  3. Star Tracker Performance Estimate with IMU

    Science.gov (United States)

    Aretskin-Hariton, Eliot D.; Swank, Aaron J.

    2015-01-01

    A software tool for estimating cross-boresight error of a star tracker combined with an inertial measurement unit (IMU) was developed to support trade studies for the Integrated Radio and Optical Communication project (iROC) at the National Aeronautics and Space Administration Glenn Research Center. Typical laser communication systems, such as the Lunar Laser Communication Demonstration (LLCD) and the Laser Communication Relay Demonstration (LCRD), use a beacon to locate ground stations. iROC is investigating the use of beaconless precision laser pointing to enable laser communication at Mars orbits and beyond. Precision attitude knowledge is essential to the iROC mission to enable high-speed steering of the optical link. The preliminary concept to achieve this precision attitude knowledge is to use star trackers combined with an IMU. The Star Tracker Accuracy (STAcc) software was developed to rapidly assess the capabilities of star tracker and IMU configurations. STAcc determines the overall cross-boresight error of a star tracker with an IMU given the characteristic parameters: quantum efficiency, aperture, apparent star magnitude, exposure time, field of view, photon spread, detector pixels, spacecraft slew rate, maximum stars used for quaternion estimation, and IMU angular random walk. This paper discusses the supporting theory used to construct STAcc, verification of the program and sample results.

  4. Mathematical Ability and Socio-Economic Background: IRT Modeling to Estimate Genotype by Environment Interaction.

    Science.gov (United States)

    Schwabe, Inga; Boomsma, Dorret I; van den Berg, Stéphanie M

    2017-12-01

    Genotype by environment interaction in behavioral traits may be assessed by estimating the proportion of variance that is explained by genetic and environmental influences conditional on a measured moderating variable, such as a known environmental exposure. Behavioral traits of interest are often measured by questionnaires and analyzed as sum scores on the items. However, statistical results on genotype by environment interaction based on sum scores can be biased due to the properties of a scale. This article presents a method that makes it possible to analyze the actually observed (phenotypic) item data rather than a sum score by simultaneously estimating the genetic model and an item response theory (IRT) model. In the proposed model, the estimation of genotype by environment interaction is based on an alternative parametrization that is uniquely identified and therefore to be preferred over standard parametrizations. A simulation study shows good performance of our method compared to analyzing sum scores in terms of bias. Next, we analyzed data of 2,110 12-year-old Dutch twin pairs on mathematical ability. Genetic models were evaluated and genetic and environmental variance components estimated as a function of a family's socio-economic status (SES). Results suggested that common environmental influences are less important in creating individual differences in mathematical ability in families with a high SES than in creating individual differences in mathematical ability in twin pairs with a low or average SES.

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

    African Journals Online (AJOL)

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

  6. Performance and economic effects of partially replacing soybean ...

    African Journals Online (AJOL)

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

  7. Theory and Application of an Economic Performance Measure of Risk

    NARCIS (Netherlands)

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

    2017-01-01

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

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

    African Journals Online (AJOL)

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

  9. Activity-Based Costing Model for Assessing Economic Performance.

    Science.gov (United States)

    DeHayes, Daniel W.; Lovrinic, Joseph G.

    1994-01-01

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

  10. INFORMATION SYSTEM FOR MODELING ECONOMIC AND FINANCIAL PERFORMANCES

    Directory of Open Access Journals (Sweden)

    Boldeanu Dana Maria

    2009-05-01

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

  11. Process of technical performance: essential features and their economic view

    OpenAIRE

    Zhylinska, O.

    2010-01-01

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

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

    African Journals Online (AJOL)

    IFEOMA PIUS

    2013-07-03

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

  13. Stability over Time of Different Methods of Estimating School Performance

    Science.gov (United States)

    Dumay, Xavier; Coe, Rob; Anumendem, Dickson Nkafu

    2014-01-01

    This paper aims to investigate how stability varies with the approach used in estimating school performance in a large sample of English primary schools. The results show that (a) raw performance is considerably more stable than adjusted performance, which in turn is slightly more stable than growth model estimates; (b) schools' performance…

  14. Estimating the Economic Boost of Marriage Equality in Rhode Island

    OpenAIRE

    Kastanis, Angeliki; Badgett, Lee

    2013-01-01

    Extending marriage rights to same-sex couples in Rhode Island would bring an estimated $7 million to the state and local economy, including $5.5 million in additional wedding spending and $1.5 million in tourism expenditures made by out-of-town guests. Based on Rhode Island’s rates of 7 percent sales tax and 6 percent hotel and lodging tax, $530,000 in tax revenue will be generated for the state in the first three years same-sex couples may marry. The boost in travel spending will generate ap...

  15. Performance Agent Groups in the Promotion of Smart Economic Growth

    Directory of Open Access Journals (Sweden)

    Krūzmētra Maiga

    2017-12-01

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

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

    OpenAIRE

    Adam Clements; Annastiina Silvennoinen

    2009-01-01

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

  17. INVESTMENT FUNDS’ PERFORMANCE AND ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    Apolzan Carmen Maria

    2012-07-01

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

  18. Big Numbers about Small Children: Estimating the Economic Benefits of Addressing Undernutrition.

    Science.gov (United States)

    Alderman, Harold; Behrman, Jere R; Puett, Chloe

    2017-02-01

    Different approaches have been used to estimate the economic benefits of reducing undernutrition and to estimate the costs of investing in such programs on a global scale. While many of these studies are ultimately based on evidence from well-designed efficacy trials, all require a number of assumptions to project the impact of such trials to larger populations and to translate the value of the expected improvement in nutritional status into economic terms. This paper provides a short critique of some approaches to estimating the benefits of investments in child nutrition and then presents an alternative set of estimates based on different core data. These new estimates reinforce the basic conclusions of the existing literature: the economic value from reducing undernutrition in undernourished populations is likely to be substantial.

  19. Challenges when Performing Economic Optimization of Waste Treatment

    DEFF Research Database (Denmark)

    Juul, Nina; Münster, Marie; Ravn, Hans

    2011-01-01

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

  20. Performances Of Estimators Of Linear Models With Autocorrelated ...

    African Journals Online (AJOL)

    The performances of five estimators of linear models with Autocorrelated error terms are compared when the independent variable is autoregressive. The results reveal that the properties of the estimators when the sample size is finite is quite similar to the properties of the estimators when the sample size is infinite although ...

  1. Uncertainty in techno-economic estimates of cellulosic ethanol production due to experimental measurement uncertainty

    Directory of Open Access Journals (Sweden)

    Vicari Kristin J

    2012-04-01

    Full Text Available Abstract Background Cost-effective production of lignocellulosic biofuels remains a major financial and technical challenge at the industrial scale. A critical tool in biofuels process development is the techno-economic (TE model, which calculates biofuel production costs using a process model and an economic model. The process model solves mass and energy balances for each unit, and the economic model estimates capital and operating costs from the process model based on economic assumptions. The process model inputs include experimental data on the feedstock composition and intermediate product yields for each unit. These experimental yield data are calculated from primary measurements. Uncertainty in these primary measurements is propagated to the calculated yields, to the process model, and ultimately to the economic model. Thus, outputs of the TE model have a minimum uncertainty associated with the uncertainty in the primary measurements. Results We calculate the uncertainty in the Minimum Ethanol Selling Price (MESP estimate for lignocellulosic ethanol production via a biochemical conversion process: dilute sulfuric acid pretreatment of corn stover followed by enzymatic hydrolysis and co-fermentation of the resulting sugars to ethanol. We perform a sensitivity analysis on the TE model and identify the feedstock composition and conversion yields from three unit operations (xylose from pretreatment, glucose from enzymatic hydrolysis, and ethanol from fermentation as the most important variables. The uncertainty in the pretreatment xylose yield arises from multiple measurements, whereas the glucose and ethanol yields from enzymatic hydrolysis and fermentation, respectively, are dominated by a single measurement: the fraction of insoluble solids (fIS in the biomass slurries. Conclusions We calculate a $0.15/gal uncertainty in MESP from the TE model due to uncertainties in primary measurements. This result sets a lower bound on the error bars of

  2. Generality in nanotechnologies and its relationship to economic performance

    Science.gov (United States)

    Gomez Baquero, Fernando

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

  3. Performance of a New Restricted Biased Estimator in Logistic Regression

    Directory of Open Access Journals (Sweden)

    Yasin ASAR

    2017-12-01

    Full Text Available It is known that the variance of the maximum likelihood estimator (MLE inflates when the explanatory variables are correlated. This situation is called the multicollinearity problem. As a result, the estimations of the model may not be trustful. Therefore, this paper introduces a new restricted estimator (RLTE that may be applied to get rid of the multicollinearity when the parameters lie in some linear subspace  in logistic regression. The mean squared errors (MSE and the matrix mean squared errors (MMSE of the estimators considered in this paper are given. A Monte Carlo experiment is designed to evaluate the performances of the proposed estimator, the restricted MLE (RMLE, MLE and Liu-type estimator (LTE. The criterion of performance is chosen to be MSE. Moreover, a real data example is presented. According to the results, proposed estimator has better performance than MLE, RMLE and LTE.

  4. Challenges when performing economic optimization of waste treatment: A review

    International Nuclear Information System (INIS)

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

    2013-01-01

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

  5. Measuring the economic performance of socially responsible companies

    Directory of Open Access Journals (Sweden)

    Josefina Fernández-Guadaño

    2015-12-01

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

  6. Challenges when performing economic optimization of waste treatment: A review

    Energy Technology Data Exchange (ETDEWEB)

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

    2013-09-15

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

  7. The estimation of economic impacts resulting from the severe accidents of a nuclear power plant

    Energy Technology Data Exchange (ETDEWEB)

    Jeong, Jong Tae; Jung, Won dea

    2001-03-01

    The economic impacts resulting from the severe accidents of a nuclear power plant were estimated for the different combinations of a release parameters and metrorological data. According to the cost estimation for the basic scenarios, the population dependent cost is dominant. The cost for the protective actions such as evacuation and relocation have a small portion in the total cost and show little variation from scenario to scenario. The economic cost estimation for the seasonal scenarios show very similar trend as that for the basic scenarios. There are little or small variation in the economic cost for the different scenarios for each season except for the season-5 scenario. The health effect value shows maximum in Summer and minimum in Fall. On the contrast, the economic cost shows maximum in Fall and minimum in Summer. The result will be used as basic data in the establishment of effective emergency response and in the cost/benefit analysis in developing optimum risk reduction strategies.

  8. The estimation of economic impacts resulting from the severe accidents of a nuclear power plant

    International Nuclear Information System (INIS)

    Jeong, Jong Tae; Jung, Won dea

    2001-03-01

    The economic impacts resulting from the severe accidents of a nuclear power plant were estimated for the different combinations of a release parameters and metrorological data. According to the cost estimation for the basic scenarios, the population dependent cost is dominant. The cost for the protective actions such as evacuation and relocation have a small portion in the total cost and show little variation from scenario to scenario. The economic cost estimation for the seasonal scenarios show very similar trend as that for the basic scenarios. There are little or small variation in the economic cost for the different scenarios for each season except for the season-5 scenario. The health effect value shows maximum in Summer and minimum in Fall. On the contrast, the economic cost shows maximum in Fall and minimum in Summer. The result will be used as basic data in the establishment of effective emergency response and in the cost/benefit analysis in developing optimum risk reduction strategies

  9. How BenMAP-CE Estimates the Health and Economic Effects of Air Pollution

    Science.gov (United States)

    The BenMAP-CE tool estimates the number and economic value of health impacts resulting from changes in air quality - specifically, ground-level ozone and fine particles. Learn what data BenMAP-CE uses and how the estimates are calculated.

  10. Estimating mortality risk reduction and economic benefits from controlling ozone air pollution

    National Research Council Canada - National Science Library

    Committee on Estimating Mortality Risk Reduction Benefits from Decreasing Tropospheric Ozone Exposure

    2008-01-01

    ... in life expectancy, and to assess methods for estimating the monetary value of the reduced risk of premature death and increased life expectancy in the context of health-benefits analysis. Estimating Mortality Risk Reduction and Economic Benefits from Controlling Ozone Air Pollution details the committee's findings and posits several recommendations to address these issues.

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

    DEFF Research Database (Denmark)

    Kock, Anders Bredahl; Teräsvirta, Timo

    2014-01-01

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

  12. Estimation of Economic Efficiency of Regional Touristic Complex

    Directory of Open Access Journals (Sweden)

    Kurchenkov Vladimir Viktorovich

    2015-09-01

    Full Text Available The article describes the features of the development of the regional touristic complex in modern conditions and determines the direction of realizing the potential of the regional market of tourist services. The authors reveal the multiplicative interrelation for analyzing the interaction of the primary and secondary sectors of the regional market of tourist services. The key indicators of efficiency are outlined, the extent of their relevance for assessing the potential of international tourism in the region is revealed. The authors calculate the relative indicators reflecting the dynamics of incomes from inbound, outbound and domestic tourism in relation to the total income from tourism activities in the region during the reporting period, usually for one calendar year. On the basis of these parameters, the classification of the regions of the Southern Federal District in terms of tourist attraction is carried out. The authors determine the reasons of the low tourist attractiveness of the Volgograd region in comparison with other regions of the Southern Federal District. It is substantiated that the potential of expanding tourism activity is not fully realized today in the Volgograd region. The technique of analysis and evaluation of the effectiveness of regional touristic complex on the basis of cluster approach is suggested. For analyzing the effectiveness of regional tourism cluster the authors propose to use indicators that reflect the overall performance of the regional tourism cluster, characterizing the impact of cluster development of the area, or the regional market, as well as evaluating the performance of each of the companies cooperating in the framework of the cluster. The article contains recommendations to the regional authorities on improving the efficiency of regional touristic complex in the short- and long-term prospects.

  13. Method for estimate the economic characteristics of an uranium enrichment plant by gaseous diffusion

    International Nuclear Information System (INIS)

    Berault, J.C.

    1975-01-01

    To estimate the economic characteristics of an uranium enrichment plant by gaseous diffusion is to determine the prospective price of the separative work unit to which leads the concerned technology, and to collect the data allowing to ascertain that this price remains in the area of development of the prices forecasted by the other projects. The prospective price estimated by the promoter is the synthesis of the components of the go decision and which are a potential market and a comprehensive industrially proven plant design, including the basic economic and technical data of the project. Procedures for estimating these components and their synthesis, exclusive of financing problems are reviewed [fr

  14. Entropy Econometrics for combining regional economic forecasts: A Data-Weighted Prior Estimator

    Science.gov (United States)

    Fernández-Vázquez, Esteban; Moreno, Blanca

    2017-10-01

    Forecast combination has been studied in econometrics for a long time, and the literature has shown the superior performance of forecast combination over individual predictions. However, there is still controversy on which is the best procedure to specify the forecast weights. This paper explores the possibility of using a procedure based on Entropy Econometrics, which allows setting the weights for the individual forecasts as a mixture of different alternatives. In particular, we examine the ability of the Data-Weighted Prior Estimator proposed by Golan (J Econom 101(1):165-193, 2001) to combine forecasting models in a context of small sample sizes, a relative common scenario when dealing with time series for regional economies. We test the validity of the proposed approach using a simulation exercise and a real-world example that aims at predicting gross regional product growth rates for a regional economy. The forecasting performance of the Data-Weighted Prior Estimator proposed is compared with other combining methods. The simulation results indicate that in scenarios of heavily ill-conditioned datasets the approach suggested dominates other forecast combination strategies. The empirical results are consistent with the conclusions found in the numerical experiment.

  15. FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE

    Directory of Open Access Journals (Sweden)

    Nasrudin Nasrudin

    2013-04-01

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

  16. Le realizzazioni dell'economia sovietica. (Soviet economic performance

    Directory of Open Access Journals (Sweden)

    A. MADDISON

    2014-07-01

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

  17. Economics of human performance and systems total ownership cost.

    Science.gov (United States)

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

    2012-01-01

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

  18. Economic Performance Analysis of National Research and Development Project

    Energy Technology Data Exchange (ETDEWEB)

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

    2016-05-15

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

  19. Economic Performance Analysis of National Research and Development Project

    International Nuclear Information System (INIS)

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

    2016-01-01

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

  20. [Estimation on the indirect economic burden of disease-related premature deaths in China, 2012].

    Science.gov (United States)

    Yang, Juan; Feng, Luzhao; Zheng, Yaming; Yu, Hongjie

    2014-11-01

    To estimate the indirect economic burden of disease-related premature deaths in China, 2012. Both human capital approach and friction cost methods were used to compute the indirect economic burden of premature deaths from the following sources: mortality from the national disease surveillance system in 2012, average annual income per capita from the China Statistic Yearbook in 2012, population size from the 2010 China census, and life expectancy in China from the World Health Organization life table. Data from the Human Capital Approach Estimates showed that the indirect economic burden of premature deaths in China was 425.1 billion in 2012, accounting for 8‰ of the GDP. The indirect economic burden of chronic non-communicable diseases associated premature deaths was accounted for the highest proportion(67.1%, 295.4 billion), followed by those of injuries related premature deaths (25.6% , 108.9 billion), infectious diseases, maternal and infants diseases, and malnutrition related deaths (6.4% , 26.9 billion). The top five premature deaths that cause the indirect economic burden were malignancy, cardiovascular diseases, unintentional injuries, intentional injuries, and diseases of the respiratory system. The indirect economic burden of premature deaths mainly occurred in the population of 20-59 year-olds. Under the Friction Cost method, the estimates appeared to be 0.11%-3.49% of the total human capital approach estimates. Premature death caused heavy indirect economic burden in China. Chronic non-communicable diseases and injuries seemed to incur the major disease burden. The indirect economic burden of premature deaths mainly occurred in the working age group.

  1. Estimating Renewable Energy Economic Potential in the United States: Methodology and Initial Results

    Energy Technology Data Exchange (ETDEWEB)

    Brown, Austin [National Renewable Energy Lab. (NREL), Golden, CO (United States); Beiter, Philipp [National Renewable Energy Lab. (NREL), Golden, CO (United States); Heimiller, Donna [National Renewable Energy Lab. (NREL), Golden, CO (United States); Davidson, Carolyn [National Renewable Energy Lab. (NREL), Golden, CO (United States); Denholm, Paul [National Renewable Energy Lab. (NREL), Golden, CO (United States); Melius, Jennifer [National Renewable Energy Lab. (NREL), Golden, CO (United States); Lopez, Anthony [National Renewable Energy Lab. (NREL), Golden, CO (United States); Hettinger, Dylan [National Renewable Energy Lab. (NREL), Golden, CO (United States); Mulcahy, David [National Renewable Energy Lab. (NREL), Golden, CO (United States); Porro, Gian [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2016-08-01

    The report describes a geospatial analysis method to estimate the economic potential of several renewable resources available for electricity generation in the United States. Economic potential, one measure of renewable generation potential, is defined in this report as the subset of the available resource technical potential where the cost required to generate the electricity (which determines the minimum revenue requirements for development of the resource) is below the revenue available in terms of displaced energy and displaced capacity.

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

    Science.gov (United States)

    Wang, Fuhmei

    2015-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Fuhmei Wang PhD

    2015-08-01

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

  4. Performances of estimators of linear auto-correlated error model ...

    African Journals Online (AJOL)

    The performances of five estimators of linear models with autocorrelated disturbance terms are compared when the independent variable is exponential. The results reveal that for both small and large samples, the Ordinary Least Squares (OLS) compares favourably with the Generalized least Squares (GLS) estimators in ...

  5. Economic and environmental performance of future fusion plants in comparison

    International Nuclear Information System (INIS)

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

    2001-01-01

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

  6. Using Copulas in the Estimation of the Economic Project Value in the Mining Industry, Including Geological Variability

    Science.gov (United States)

    Krysa, Zbigniew; Pactwa, Katarzyna; Wozniak, Justyna; Dudek, Michal

    2017-12-01

    Geological variability is one of the main factors that has an influence on the viability of mining investment projects and on the technical risk of geology projects. In the current scenario, analyses of economic viability of new extraction fields have been performed for the KGHM Polska Miedź S.A. underground copper mine at Fore Sudetic Monocline with the assumption of constant averaged content of useful elements. Research presented in this article is aimed at verifying the value of production from copper and silver ore for the same economic background with the use of variable cash flows resulting from the local variability of useful elements. Furthermore, the ore economic model is investigated for a significant difference in model value estimated with the use of linear correlation between useful elements content and the height of mine face, and the approach in which model parameters correlation is based upon the copula best matched information capacity criterion. The use of copula allows the simulation to take into account the multi variable dependencies at the same time, thereby giving a better reflection of the dependency structure, which linear correlation does not take into account. Calculation results of the economic model used for deposit value estimation indicate that the correlation between copper and silver estimated with the use of copula generates higher variation of possible project value, as compared to modelling correlation based upon linear correlation. Average deposit value remains unchanged.

  7. Clinical laboratory as an economic model for business performance analysis.

    Science.gov (United States)

    Buljanović, Vikica; Patajac, Hrvoje; Petrovecki, Mladen

    2011-08-15

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

  8. Clinical laboratory as an economic model for business performance analysis

    Science.gov (United States)

    Buljanović, Vikica; Patajac, Hrvoje; Petrovečki, Mladen

    2011-01-01

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

  9. Economic productivity by age and sex: 2007 estimates for the United States.

    Science.gov (United States)

    Grosse, Scott D; Krueger, Kurt V; Mvundura, Mercy

    2009-07-01

    Human capital estimates of labor productivity are often used to estimate the economic impact of diseases and injuries that cause incapacitation or death. Estimates of average hourly, annual, and lifetime economic productivity, both market and household, were calculated in 2007 US dollars for 5-year age groups for men, women, and both sexes in the United States. Data from the American Time Use Survey were used to estimate hours of paid work and household services and hourly and annual earnings and household productivity. Present values of discounted lifetime earnings were calculated for each age group using the 2004 US life tables and a discount rate of 3% per year and assuming future productivity growth of 1% per year. The estimates of hours and productivity were calculated using the time diaries of 72,922 persons included in the American Time Use Survey for the years 2003 to 2007. The present value of lifetime productivity is approximately $1.2 million in 2007 dollars for children under 5 years of age. For adults in their 20s and 30s, it is approximately $1.6 million and then it declines with increasing age. Productivity estimates are higher for males than for females, more for market productivity than for total productivity. Changes in hours of paid employment and household services can affect economic productivity by age and sex. This is the first publication to include estimates of household services based on contemporary time use data for the US population.

  10. Thermo-economic performance of inclined solar water distillation systems

    Directory of Open Access Journals (Sweden)

    Agboola Phillips O.

    2015-01-01

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

  11. Estimated economic impact of vaccinations in 73 low- and middle-income countries, 2001-2020.

    Science.gov (United States)

    Ozawa, Sachiko; Clark, Samantha; Portnoy, Allison; Grewal, Simrun; Stack, Meghan L; Sinha, Anushua; Mirelman, Andrew; Franklin, Heather; Friberg, Ingrid K; Tam, Yvonne; Walker, Neff; Clark, Andrew; Ferrari, Matthew; Suraratdecha, Chutima; Sweet, Steven; Goldie, Sue J; Garske, Tini; Li, Michelle; Hansen, Peter M; Johnson, Hope L; Walker, Damian

    2017-09-01

    To estimate the economic impact likely to be achieved by efforts to vaccinate against 10 vaccine-preventable diseases between 2001 and 2020 in 73 low- and middle-income countries largely supported by Gavi, the Vaccine Alliance. We used health impact models to estimate the economic impact of achieving forecasted coverages for vaccination against Haemophilus influenzae type b, hepatitis B, human papillomavirus, Japanese encephalitis, measles, Neisseria meningitidis serogroup A, rotavirus, rubella, Streptococcus pneumoniae and yellow fever. In comparison with no vaccination, we modelled the costs - expressed in 2010 United States dollars (US$) - of averted treatment, transportation costs, productivity losses of caregivers and productivity losses due to disability and death. We used the value-of-a-life-year method to estimate the broader economic and social value of living longer, in better health, as a result of immunization. We estimated that, in the 73 countries, vaccinations given between 2001 and 2020 will avert over 20 million deaths and save US$ 350 billion in cost of illness. The deaths and disability prevented by vaccinations given during the two decades will result in estimated lifelong productivity gains totalling US$ 330 billion and US$ 9 billion, respectively. Over the lifetimes of the vaccinated cohorts, the same vaccinations will save an estimated US$ 5 billion in treatment costs. The broader economic and social value of these vaccinations is estimated at US$ 820 billion. By preventing significant costs and potentially increasing economic productivity among some of the world's poorest countries, the impact of immunization goes well beyond health.

  12. Challenges when performing economic optimization of waste treatment: A review

    DEFF Research Database (Denmark)

    Juul, Nina; Münster, Marie; Ravn, H.

    2013-01-01

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

  13. Economic Return of Clinical Trials Performed Under the Pediatric Exclusivity Program

    Science.gov (United States)

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

    2009-01-01

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

  14. Use of Multiple Data Sources to Estimate the Economic Cost of Dengue Illness in Malaysia

    Science.gov (United States)

    Shepard, Donald S.; Undurraga, Eduardo A.; Lees, Rosemary Susan; Halasa, Yara; Lum, Lucy Chai See; Ng, Chiu Wan

    2012-01-01

    Dengue represents a substantial burden in many tropical and sub-tropical regions of the world. We estimated the economic burden of dengue illness in Malaysia. Information about economic burden is needed for setting health policy priorities, but accurate estimation is difficult because of incomplete data. We overcame this limitation by merging multiple data sources to refine our estimates, including an extensive literature review, discussion with experts, review of data from health and surveillance systems, and implementation of a Delphi process. Because Malaysia has a passive surveillance system, the number of dengue cases is under-reported. Using an adjusted estimate of total dengue cases, we estimated an economic burden of dengue illness of US$56 million (Malaysian Ringgit MYR196 million) per year, which is approximately US$2.03 (Malaysian Ringgit 7.14) per capita. The overall economic burden of dengue would be even higher if we included costs associated with dengue prevention and control, dengue surveillance, and long-term sequelae of dengue. PMID:23033404

  15. Use of multiple data sources to estimate the economic cost of dengue illness in Malaysia.

    Science.gov (United States)

    Shepard, Donald S; Undurraga, Eduardo A; Lees, Rosemary Susan; Halasa, Yara; Lum, Lucy Chai See; Ng, Chiu Wan

    2012-11-01

    Dengue represents a substantial burden in many tropical and sub-tropical regions of the world. We estimated the economic burden of dengue illness in Malaysia. Information about economic burden is needed for setting health policy priorities, but accurate estimation is difficult because of incomplete data. We overcame this limitation by merging multiple data sources to refine our estimates, including an extensive literature review, discussion with experts, review of data from health and surveillance systems, and implementation of a Delphi process. Because Malaysia has a passive surveillance system, the number of dengue cases is under-reported. Using an adjusted estimate of total dengue cases, we estimated an economic burden of dengue illness of US$56 million (Malaysian Ringgit MYR196 million) per year, which is approximately US$2.03 (Malaysian Ringgit 7.14) per capita. The overall economic burden of dengue would be even higher if we included costs associated with dengue prevention and control, dengue surveillance, and long-term sequelae of dengue.

  16. Economic impact of malignant mesothelioma in Italy: an estimate of the public and social costs.

    Science.gov (United States)

    Buresti, Giuliana; Colonna, Fabrizio; Corfiati, Marisa; Valenti, Antonio; Persechino, Benedetta; Marinaccio, Alessandro; Rondinone, Bruna Maria; Iavicoli, Sergio

    2017-10-27

    Despite their considerable interest for public health policies and for occupational disease management and assessment, the economic costs of asbestos-related diseases (ARDs) for society have not been fully estimated or even frequently discussed. The aim of this study was to estimate the economic burden of mesothelioma in Italy by assessing the overall societal cost of the disease, applying an econometric model. We analyzed two main cost groups, public and social. The first includes expenditure borne by the State and other public bodies (medical care costs, insurance, tax and benefits), while the latter uses the human capital approach to measure the loss of productivity suffered by the economy as a whole. We provide an estimate of euro 33,000 per patient for medical care costs and euro 25,000 for insurance and compensation; tax and benefits seem to roughly compensate. We estimated a loss of more than euro 200,000 per patient, in terms of loss of production. This study offers a practical approach for estimating the economic impact of mesothelioma, and provides empirical evidence of the huge economic burden linked to this disease, with its high etiologic fraction.

  17. Estimating the economic effects of cystic echinococcosis: Uruguay, a developing country with upper-middle income.

    Science.gov (United States)

    Torgerson, P R; Carmona, C; Bonifacino, R

    2000-10-01

    Cost-benefit analyses, run before the commencement of a programme to control a parasitic disease, should include estimates of the economic losses attributable to the disease. Uruguay, a middle-income, developing country, has a recent history of persistent problems with cystic echinococcosis, in both its human population and livestock. The economic effects in Uruguay of this disease, caused by the larval stage of the canine tapeworm Echinococcus granulosus, have now been evaluated. Data on the incidence of the disease, in humans and livestock, were used to construct cost estimates. The estimated minimum cost (U.S.$2.9 million/year) was based on the condemnation costs of infected offal together with the actual costs of the hospital treatment of the human cases. The estimate of the maximum cost (U.S.$22.1 million/year) also included the production losses resulting from lower livestock efficiency and the reduced income of individuals with morbidity attributable to the disease.

  18. [Estimation with the capture-recapture method of the number of economic immigrants in Mallorca].

    Science.gov (United States)

    Ramos Monserrat, M; March Cerdá, J C

    2002-05-15

    estimate the number of irregular economic immigrants in Mallorca. We used the capture-recapture method, an indirect method based on contrasts of data from two or more sources. Data were obtained from the Delegación de Gobierno (police and immigration authority), Comisiones Obreras (labor union), and institutions that provide health-related services to immigrants. Individuals were identified by birth date and country of origin. The total number of economic immigrants estimated with this method was 39 392. According to the Delegación de Gobierno data, the number of regular immigrants on the date of our inquiry was 9000. With the capture-recapture method, the number of irregular immigrants in Mallorca was therefore estimated at 30 000. The capture-recapture method can be useful to estimate the population of irregular immigrants in a given area at a given time, if sufficiently precise information on the identity of each individual can be obtained.

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

    Directory of Open Access Journals (Sweden)

    Bongsuk Sung

    2018-04-01

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

  20. THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION

    Directory of Open Access Journals (Sweden)

    Marius Cristian Milos

    2012-01-01

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

  1. The Estimated Health and Economic Benefits of Three Decades of Polio Elimination Efforts in India.

    Science.gov (United States)

    Nandi, Arindam; Barter, Devra M; Prinja, Shankar; John, T Jacob

    2016-08-07

    In March 2014, India, the country with historically the highest burden of polio, was declared polio free, with no reported cases since January 2011. We estimate the health and economic benefits of polio elimination in India with the oral polio vaccine (OPV) during 1982-2012. Based on a pre-vaccine incidence rate, we estimate the counterfactual burden of polio in the hypothetical absence of the national polio elimination program in India. We attribute differences in outcomes between the actual (adjusted for under-reporting) and hypothetical counterfactual scenarios in our model to the national polio program. We measure health benefits as averted polio incidence, deaths, and disability adjusted life years (DALYs). We consider two methods to measure economic benefits: the value of statistical life approach, and equating one DALY to the Gross National Income (GNI) per capita. We estimate that the National Program against Polio averted 3.94 million (95% confidence interval [CI]: 3.89-3.99 million) paralytic polio cases, 393,918 polio deaths (95% CI: 388,897- 398,939), and 1.48 billion DALYs (95% CI: 1.46-1.50 billion). We also estimate that the program contributed to a $1.71 trillion (INR 76.91 trillion) gain (95% CI: $1.69-$1.73 trillion [INR 75.93-77.89 trillion]) in economic productivity between 1982 and 2012 in our base case analysis. Using the GNI and DALY method, the economic gain from the program is estimated to be $1.11 trillion (INR 50.13 trillion) (95% CI: $1.10-$1.13 trillion [INR 49.50-50.76 trillion]) over the same period. India accrued large health and economic benefits from investing in polio elimination efforts. Other programs to control/eliminate more vaccine-preventable diseases are likely to contribute to large health and economic benefits in India.

  2. Approaches to Refining Estimates of Global Burden and Economics of Dengue

    Science.gov (United States)

    Shepard, Donald S.; Undurraga, Eduardo A.; Betancourt-Cravioto, Miguel; Guzmán, María G.; Halstead, Scott B.; Harris, Eva; Mudin, Rose Nani; Murray, Kristy O.; Tapia-Conyer, Roberto; Gubler, Duane J.

    2014-01-01

    Dengue presents a formidable and growing global economic and disease burden, with around half the world's population estimated to be at risk of infection. There is wide variation and substantial uncertainty in current estimates of dengue disease burden and, consequently, on economic burden estimates. Dengue disease varies across time, geography and persons affected. Variations in the transmission of four different viruses and interactions among vector density and host's immune status, age, pre-existing medical conditions, all contribute to the disease's complexity. This systematic review aims to identify and examine estimates of dengue disease burden and costs, discuss major sources of uncertainty, and suggest next steps to improve estimates. Economic analysis of dengue is mainly concerned with costs of illness, particularly in estimating total episodes of symptomatic dengue. However, national dengue disease reporting systems show a great diversity in design and implementation, hindering accurate global estimates of dengue episodes and country comparisons. A combination of immediate, short-, and long-term strategies could substantially improve estimates of disease and, consequently, of economic burden of dengue. Suggestions for immediate implementation include refining analysis of currently available data to adjust reported episodes and expanding data collection in empirical studies, such as documenting the number of ambulatory visits before and after hospitalization and including breakdowns by age. Short-term recommendations include merging multiple data sources, such as cohort and surveillance data to evaluate the accuracy of reporting rates (by health sector, treatment, severity, etc.), and using covariates to extrapolate dengue incidence to locations with no or limited reporting. Long-term efforts aim at strengthening capacity to document dengue transmission using serological methods to systematically analyze and relate to epidemiologic data. As promising tools

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

    Directory of Open Access Journals (Sweden)

    ALEXANDRU BOGEANU

    2013-08-01

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

  4. Counting the cost: estimating the economic benefit of pedophile treatment programs.

    Science.gov (United States)

    Shanahan, M; Donato, R

    2001-04-01

    The principal objective of this paper is to identify the economic costs and benefits of pedophile treatment programs incorporating both the tangible and intangible cost of sexual abuse to victims. Cost estimates of cognitive behavioral therapy programs in Australian prisons are compared against the tangible and intangible costs to victims of being sexually abused. Estimates are prepared that take into account a number of problematic issues. These include the range of possible recidivism rates for treatment programs; the uncertainty surrounding the number of child sexual molestation offences committed by recidivists; and the methodological problems associated with estimating the intangible costs of sexual abuse on victims. Despite the variation in parameter estimates that impact on the cost-benefit analysis of pedophile treatment programs, it is found that potential range of economic costs from child sexual abuse are substantial and the economic benefits to be derived from appropriate and effective treatment programs are high. Based on a reasonable set of parameter estimates, in-prison, cognitive therapy treatment programs for pedophiles are likely to be of net benefit to society. Despite this, a critical area of future research must include further methodological developments in estimating the quantitative impact of child sexual abuse in the community.

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

    Science.gov (United States)

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

    2017-01-01

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

  6. Estimating the Economic Impacts of Recreation Response to Resource Management Alternatives

    Science.gov (United States)

    Donald B.K. English; J. Michael Bowker; John C. Bergstrom; H. Ken Cordell

    1995-01-01

    Managing forest resources involves tradeoffs and making decisions among resource management alternatives. Some alternatives will lead to changes in the level of recreation visitation and the amount of associated visitor spending. Thus, the alternatives can affect local economies. This paper reports a method that can be used to estimate the economic impacts of such...

  7. Theories of estimation of differentiation for regulation of social-economic development of the city agglomeration

    OpenAIRE

    Anikina, Yu; Litovchenko, V.

    2009-01-01

    Theories of estimation of differentiation of social-economic development of territorial units in city agglomeration are discussed in the article. Approbation of the given methods helped find out successfulness of the regulation of municipal development of administrative-territorial units in Krasnoyarsk agglomeration, set the goals of regional policy on peculiarities of development of the phenomenon of differentiation.

  8. Economical efficiency estimation of the power system with an accelerator breeder

    International Nuclear Information System (INIS)

    Rublev, O.V.; Komin, A.V.

    1990-01-01

    The review deals with economical indices of nuclear power system with an accelerator breeder producing secondary nuclear fuel. Electric power cost was estimated by the method of discounted cost. Power system with accelerator breeder compares unfavourably with traditional nuclear power systems with respect to its capitalized cost

  9. Estimating the economic impact of subclinical ketosis in dairy cattle using a dynamic stochastic simulation model

    NARCIS (Netherlands)

    Mostert, P.F.; Bokkers, E.A.M.; Middelaar, van C.E.; Hogeveen, H.; Boer, de I.J.M.

    2018-01-01

    The objective of this study was to estimate the economic impact of subclinical ketosis (SCK) in dairy cows. This metabolic disorder occurs in the period around calving and is associated with an increased risk of other diseases. Therefore, SCK affects farm productivity and profitability.

  10. Estimation of the economic impacts of Three Mile Island nuclear power plant accident

    International Nuclear Information System (INIS)

    Sagara, Aya; Fujimoto, Noboru; Fukuda, Kenji

    1998-01-01

    The Three Mile Island nuclear power plant accident had an immediate negative impact on the economy of the seven-country area which surrounds the plant site. In order to estimate the social effect of the nuclear power plant accident economically, immediate and short term economical impacts on some industrial classification have been evaluated. The economical effect to Metropolitan Edison Co., the circumstantial payment of the insurance and the lawsuit for the compensation for damages, etc. have been estimated at dollar 90 million for the manufacturing and nonmanufacturing industry, dollar 5 million for the tourist industry and dollar 50,000 for agriculture. The total loss for the state and country governments is about dollar 90,000. Metropolitan Edison Co. expended also dollar 111 million for the substitute energy and dollar 760 million for the decontamination cost. Since the lawsuit for the compensation for damages is still continuing, the total impacts cost is calculated more than a billion dollar. (author)

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

    International Nuclear Information System (INIS)

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

    2005-04-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2005-04-15

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

  13. Estimation of economic impacts of cellulosic biofuel production: a comparative analysis of three biofuel pathways: Economic impacts of biofuel production

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Yimin; Goldberg, Marshall; Tan, Eric; Meyer, Pimphan A.

    2016-03-07

    The development of a cellulosic biofuel industry utilizing domestic biomass resources is expected to create opportunities for economic growth resulting from the construction and operation of new biorefineries. We applied an economic input-output model to estimate potential economic impacts, particularly gross job growth, resulting from the construction and operation of biorefineries using three different technology pathways: 1) cellulosic ethanol via biochemical conversion in Iowa, 2) renewable diesel blendstock via biological conversion in Georgia, and 3) renewable diesel and gasoline blendstock via fast pyrolysis in Mississippi. Combining direct, indirect, and induced effects, capital investment associated with the construction of a biorefinery processing 2,000 dry metric tons of biomass per day (DMT/day) could yield between 5,960 and 8,470 full-time equivalent (FTE) jobs during the construction period. Fast pyrolysis biorefineries produce the most jobs on a project level thanks to the highest capital requirement among the three pathways. Normalized for one million dollars of capital investment, the fast pyrolysis biorefineries are estimated to yield slighter more jobs (12.1 jobs) than the renewable diesel (11.8 jobs) and the cellulosic ethanol (11.6 jobs) biorefineries. While operating biorefineries is not labor-intensive, the annual operation of a 2,000 DMT/day biorefinery could support between 720 and 970 jobs when the direct, indirect, and induced effects are considered. The major factor, which results in the variations among the three pathways, is the type of biomass feedstock used for biofuels. The agriculture/forest, services, and trade industries are the primary sectors that will benefit from the ongoing operation of biorefineries.

  14. Estimating Driving Performance Based on EEG Spectrum Analysis

    Directory of Open Access Journals (Sweden)

    Jung Tzyy-Ping

    2005-01-01

    Full Text Available The growing number of traffic accidents in recent years has become a serious concern to society. Accidents caused by driver's drowsiness behind the steering wheel have a high fatality rate because of the marked decline in the driver's abilities of perception, recognition, and vehicle control abilities while sleepy. Preventing such accidents caused by drowsiness is highly desirable but requires techniques for continuously detecting, estimating, and predicting the level of alertness of drivers and delivering effective feedbacks to maintain their maximum performance. This paper proposes an EEG-based drowsiness estimation system that combines electroencephalogram (EEG log subband power spectrum, correlation analysis, principal component analysis, and linear regression models to indirectly estimate driver's drowsiness level in a virtual-reality-based driving simulator. Our results demonstrated that it is feasible to accurately estimate quantitatively driving performance, expressed as deviation between the center of the vehicle and the center of the cruising lane, in a realistic driving simulator.

  15. A study on the estimation of economic consequence of severe accident

    International Nuclear Information System (INIS)

    Hong, Dae Seok; Lee, Kun Jai; Jeong, Jong Tae

    1996-01-01

    A model to estimate economic consequence of severe accident provides some measure of the impact on the accident and enables to know the different effects of the accident described as same terms of cost and combined as necessary. Techniques to assess the consequences of accidents in terms of cost have many applications, for instance in examining countermeasure options, as part of either emergency planning or decision making after an accident. In this study, a model to estimate the accident economic consequence is developed appropriate to our country focused on PWR accident costs from a societal viewpoint. Societal costs are estimated by accounting for losses that directly affect the plant licensee, the public, the nuclear industry, or the electric utility industry after PWR accident

  16. Outplanting Wyoming big sagebrush following wldfire: stock performance and economics

    Science.gov (United States)

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

    2013-01-01

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

  17. Instance Selection for Classifier Performance Estimation in Meta Learning

    OpenAIRE

    Marcin Blachnik

    2017-01-01

    Building an accurate prediction model is challenging and requires appropriate model selection. This process is very time consuming but can be accelerated with meta-learning–automatic model recommendation by estimating the performances of given prediction models without training them. Meta-learning utilizes metadata extracted from the dataset to effectively estimate the accuracy of the model in question. To achieve that goal, metadata descriptors must be gathered efficiently and must be inform...

  18. Ridge Distance Estimation in Fingerprint Images: Algorithm and Performance Evaluation

    Directory of Open Access Journals (Sweden)

    Tian Jie

    2004-01-01

    Full Text Available It is important to estimate the ridge distance accurately, an intrinsic texture property of a fingerprint image. Up to now, only several articles have touched directly upon ridge distance estimation. Little has been published providing detailed evaluation of methods for ridge distance estimation, in particular, the traditional spectral analysis method applied in the frequency field. In this paper, a novel method on nonoverlap blocks, called the statistical method, is presented to estimate the ridge distance. Direct estimation ratio (DER and estimation accuracy (EA are defined and used as parameters along with time consumption (TC to evaluate performance of these two methods for ridge distance estimation. Based on comparison of performances of these two methods, a third hybrid method is developed to combine the merits of both methods. Experimental results indicate that DER is 44.7%, 63.8%, and 80.6%; EA is 84%, 93%, and 91%; and TC is , , and seconds, with the spectral analysis method, statistical method, and hybrid method, respectively.

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

    Czech Academy of Sciences Publication Activity Database

    Earnhart, D.; Lízal, Lubomír

    2010-01-01

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

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

    Science.gov (United States)

    Baumann, Chris; Hamin

    2011-01-01

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

  1. Estimating Renewable Energy Economic Potential in the United States. Methodology and Initial Results

    Energy Technology Data Exchange (ETDEWEB)

    Brown, Austin; Beiter, Philipp; Heimiller, Donna; Davidson, Carolyn; Denholm, Paul; Melius, Jennifer; Lopez, Anthony; Hettinger, Dylan; Mulcahy, David; Porro, Gian

    2016-08-01

    This report describes a geospatial analysis method to estimate the economic potential of several renewable resources available for electricity generation in the United States. Economic potential, one measure of renewable generation potential, may be defined in several ways. For example, one definition might be expected revenues (based on local market prices) minus generation costs, considered over the expected lifetime of the generation asset. Another definition might be generation costs relative to a benchmark (e.g., a natural gas combined cycle plant) using assumptions of fuel prices, capital cost, and plant efficiency. Economic potential in this report is defined as the subset of the available resource technical potential where the cost required to generate the electricity (which determines the minimum revenue requirements for development of the resource) is below the revenue available in terms of displaced energy and displaced capacity. The assessment is conducted at a high geospatial resolution (more than 150,000 technology-specific sites in the continental United States) to capture the significant variation in local resource, costs, and revenue potential. This metric can be a useful screening factor for understanding the economic viability of renewable generation technologies at a specific location. In contrast to many common estimates of renewable energy potential, economic potential does not consider market dynamics, customer demand, or most policy drivers that may incent renewable energy generation.

  2. The economic costs of radiation-induced health effects: Estimation and simulation

    International Nuclear Information System (INIS)

    Nieves, L.A.; Tawil, J.J.

    1988-08-01

    This effort improves the quantitative information available for use in evaluating actions that alter health risks due to population exposure to ionizing radiation. To project the potential future costs of changes in health effects risks, Pacific Northwest Laboratory (PNL) constructed a probabilistic computer model, Health Effects Costs Model (HECOM), which utilizes the health effect incidence estimates from accident consequences models to calculate the discounted sum of the economic costs associated with population exposure to ionizing radiation. Application of HECOM to value-impact and environmental impact analyses should greatly increase the quality of the information available for regulatory decision making. Three major types of health effects present risks for any population sustaining a significant radiation exposure: acute radiation injuries (and fatalities), latent cancers, and impairments due to genetic effects. The literature pertaining to both incidence and treatment of these health effects was reviewed by PNL and provided the basis for developing economic cost estimates. The economic costs of health effects estimated by HECOM represent both the value of resources consumed in diagnosing, treating, and caring for the patient and the value of goods not produced because of illness or premature death due to the health effect. Additional costs to society, such as pain and suffering, are not included in the PNL economic cost measures since they do not divert resources from other uses, are difficult to quantify, and do not have a value observable in the marketplace. 83 refs., 3 figs., 19 tabs

  3. The economic costs of radiation-induced health effects: Estimation and simulation

    Energy Technology Data Exchange (ETDEWEB)

    Nieves, L.A.; Tawil, J.J.

    1988-08-01

    This effort improves the quantitative information available for use in evaluating actions that alter health risks due to population exposure to ionizing radiation. To project the potential future costs of changes in health effects risks, Pacific Northwest Laboratory (PNL) constructed a probabilistic computer model, Health Effects Costs Model (HECOM), which utilizes the health effect incidence estimates from accident consequences models to calculate the discounted sum of the economic costs associated with population exposure to ionizing radiation. Application of HECOM to value-impact and environmental impact analyses should greatly increase the quality of the information available for regulatory decision making. Three major types of health effects present risks for any population sustaining a significant radiation exposure: acute radiation injuries (and fatalities), latent cancers, and impairments due to genetic effects. The literature pertaining to both incidence and treatment of these health effects was reviewed by PNL and provided the basis for developing economic cost estimates. The economic costs of health effects estimated by HECOM represent both the value of resources consumed in diagnosing, treating, and caring for the patient and the value of goods not produced because of illness or premature death due to the health effect. Additional costs to society, such as pain and suffering, are not included in the PNL economic cost measures since they do not divert resources from other uses, are difficult to quantify, and do not have a value observable in the marketplace. 83 refs., 3 figs., 19 tabs.

  4. Estimating the Impact (Energy, Emissions and Economics) of the US Fluid Power Industry

    Energy Technology Data Exchange (ETDEWEB)

    Love, Lonnie J [ORNL

    2012-12-01

    The objective of this report is to estimate the impact (energy, emissions and economics) of United Fluid power (hydraulic and pneumatic actuation) is the generation, control, and application of pumped or compressed fluids when this power is used to provide force and motion to mechanisms. This form of mechanical power is an integral part of United States (U.S.) manufacturing and transportation. In 2008, according to the U.S. Census Bureau, sales of fluid power components exceeded $17.7B, sales of systems using fluid power exceeded $226B. As large as the industry is, it has had little fundamental research that could lead to improved efficiency since the late 1960s (prior to the 1970 energy crisis). While there have been some attempts to replace fluid powered components with electric systems, its performance and rugged operating condition limit the impact of simple part replacement. Oak Ridge National Laboratory and the National Fluid Power Association (NFPA) collaborated with 31 industrial partners to collect and consolidate energy specific measurements (consumption, emissions, efficiency) of deployed fluid power systems. The objective of this study was to establish a rudimentary order of magnitude estimate of the energy consumed by fluid powered systems. The analysis conducted in this study shows that fluid powered systems consumed between 2.0 and 2.9 Quadrillion (1015) Btus (Quads) of energy per year; producing between 310 and 380 million metric tons (MMT) of Carbon Dioxide (CO2). In terms of efficiency, the study indicates that, across all industries, fluid power system efficiencies range from less than 9% to as high as 60% (depending upon the application), with an average efficiency of 22%. A review of case studies shows that there are many opportunities to impact energy savings in both the manufacturing and transportation sectors by the development and deployment of energy efficient fluid power components and systems.

  5. Bayesian estimation and entropy for economic dynamic stochastic models: An exploration of overconsumption

    International Nuclear Information System (INIS)

    Argentiero, Amedeo; Bovi, Maurizio; Cerqueti, Roy

    2016-01-01

    This paper examines psycho-induced overconsumption in a dynamic stochastic context. As emphasized by well-established psychological results, these psycho-distortions derive from a decision making based on simple rules-of-thumb, not on analytically sounded optimizations. To our end, we therefore compare two New Keynesian models. The first is populated by optimizing Muth-rational agents and acts as the normative benchmark. The other is a “psycho-perturbed” version of the benchmark that allows for the potential presence of overoptimism and, hence, of overconsumption. The parameters of these models are estimated through a Bayesian-type procedure, and performances are evaluated by employing an entropy measure. Such methodologies are particularly appropriate here since they take in full consideration the complexity generated by the randomness of the considered systems. In particular, they let to derive a not negligible information on the size and on the cyclical properties of the biases. In line with cognitive psychology suggestions our evidence shows that the overoptimism/overconsumption is: widespread—it is detected in nation-wide data; persistent—it emerges in full-sample estimations; it moves according to the expected cyclical behavior—larger in booms, and it disappears in crises. Moreover, by taking into account the effect of these psycho-biases, the model fits actual data better than the benchmark. All considered, then, enhancing the existing literature our findings: i) sustain the importance of inserting psychological distortions in macroeconomic models and ii) underline that system dynamics and psycho biases have statistically significant and economically important connections.

  6. Considerazioni sullo sviluppo economico del Giappone. (Japanese economic performance

    Directory of Open Access Journals (Sweden)

    A. MADDISON

    2014-07-01

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

  7. A study on the relationship of environmental regulations and economic performances

    Science.gov (United States)

    Nisha, Jia; Chen, Shen

    2017-11-01

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

  8. THE RELEVANCE OF THE PERFORMANCE INDICATORS IN ECONOMIC AND FINANCIAL DIAGNOSIS

    Directory of Open Access Journals (Sweden)

    MIRELA MONEA

    2011-01-01

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

  9. Estimating the economic impacts of ecosystem restoration—Methods and case studies

    Science.gov (United States)

    Cullinane Thomas, Catherine; Huber, Christopher; Skrabis, Kristin; Sidon, Joshua

    2016-04-05

    Federal investments in ecosystem restoration projects protect Federal trusts, ensure public health and safety, and preserve and enhance essential ecosystem services. These investments also generate business activity and create jobs. It is important for restoration practitioners to be able to quantify the economic impacts of individual restoration projects in order to communicate the contribution of these activities to local and national stakeholders. This report provides a detailed description of the methods used to estimate economic impacts of case study projects and also provides suggestions, lessons learned, and trade-offs between potential analysis methods.

  10. Ecology and economic estimate of using of the underground excavation space

    International Nuclear Information System (INIS)

    Umnov, V.A.; Tarasov, V.F.; Tret'yakov, I.O.; Sheloumov, A.A.

    1995-01-01

    Stages of ecological and economic estimates of utilizing underground space, including evaluation of underground space resources, selection of its utilization trends and substantiation of optimal parameters for selected trends, are considered. Certain directions of possible repeated utilization of mining excavations are shown, including underground hydropower stations, underground energy storages, underground nuclear stations. Underground waste disposal is one of the most available directions in utilization of the underground space presently. Evaluation of the underground space utilization at all stages envisages complete account of all economical, social and ecological results

  11. Estimating the Health and Economic Impacts of Changes in Local Air Quality

    Science.gov (United States)

    Carvour, Martha L.; Hughes, Amy E.; Fann, Neal

    2018-01-01

    Objectives. To demonstrate the benefits-mapping software Environmental Benefits Mapping and Analysis Program-Community Edition (BenMAP-CE), which integrates local air quality data with previously published concentration–response and health–economic valuation functions to estimate the health effects of changes in air pollution levels and their economic consequences. Methods. We illustrate a local health impact assessment of ozone changes in the 10-county nonattainment area of the Dallas–Fort Worth region of Texas, estimating the short-term effects on mortality predicted by 2 scenarios for 3 years (2008, 2011, and 2013): an incremental rollback of the daily 8-hour maximum ozone levels of all area monitors by 10 parts per billion and a rollback-to-a-standard ambient level of 65 parts per billion at only monitors above that level. Results. Estimates of preventable premature deaths attributable to ozone air pollution obtained by the incremental rollback method varied little by year, whereas those obtained by the rollback-to-a-standard method varied by year and were sensitive to the choice of ordinality and the use of preloaded or imported data. Conclusions. BenMAP-CE allows local and regional public health analysts to generate timely, evidence-based estimates of the health impacts and economic consequences of potential policy options in their communities. PMID:29698094

  12. Particulate Matter Exposure and Preterm Birth: Estimates of U.S. Attributable Burden and Economic Costs.

    Science.gov (United States)

    Trasande, Leonardo; Malecha, Patrick; Attina, Teresa M

    2016-12-01

    Preterm birth (PTB) rates (11.4% in 2013) in the United States remain high and are a substantial cause of morbidity. Studies of prenatal exposure have associated particulate matter ≤ 2.5 μm in diameter (PM2.5) and other ambient air pollutants with adverse birth outcomes; yet, to our knowledge, burden and costs of PM2.5-attributable PTB have not been estimated in the United States. We aimed to estimate burden of PTB in the United States and economic costs attributable to PM2.5 exposure in 2010. Annual deciles of PM2.5 were obtained from the U.S. Environmental Protection Agency. We converted PTB odds ratio (OR), identified in a previous meta-analysis (1.15 per 10 μg/m3 for our base case, 1.07-1.16 for low- and high-end scenarios) to relative risk (RRs), to obtain an estimate that better represents the true relative risk. A reference level (RL) of 8.8 μg/m3 was applied. We then used the RR estimates and county-level PTB prevalence to quantify PM2.5-attributable PTB. Direct medical costs were obtained from the 2007 Institute of Medicine report, and lost economic productivity (LEP) was estimated using a meta-analysis of PTB-associated IQ loss, and well-established relationships of IQ loss with LEP. All costs were calculated using 2010 dollars. An estimated 3.32% of PTBs nationally (corresponding to 15,808 PTBs) in 2010 could be attributed to PM2.5 (PM2.5 > 8.8 μg/m3). Attributable PTBs cost were estimated at $5.09 billion [sensitivity analysis (SA): $2.43-9.66 B], of which $760 million were spent for medical care (SA: $362 M-1.44 B). The estimated PM2.5 attributable fraction (AF) of PTB was highest in urban counties, with highest AFs in the Ohio Valley and the southern United States. PM2.5 may contribute substantially to burden and costs of PTB in the United States, and considerable health and economic benefits could be achieved through environmental regulatory interventions that reduce PM2.5 exposure in pregnancy. Citation: Trasande L, Malecha P, Attina TM. 2016

  13. Utilization of oil wells for electricity generation: Performance and economics

    International Nuclear Information System (INIS)

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

    2015-01-01

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

  14. Performance Estimation for Embedded Systems with Data and Control Dependencies

    DEFF Research Database (Denmark)

    Pop, Paul; Eles, Petru; Peng, Zebo

    2000-01-01

    In this paper we present an approach to performance estimation for hard real-time systems. We consider architectures consisting of multiple processors. The scheduling policy is based on a preemptive strategy with static priorities. Our model of the system captures both data and control dependencies...

  15. Estimation of economic losses due to Peste de Petits Ruminants in small ruminants in India

    Directory of Open Access Journals (Sweden)

    B. Singh

    2014-04-01

    Full Text Available Aim: To develop a simple mathematical model to assess the losses due to peste des petits ruminants (PPR in small ruminants in India. Materials and Methods: The study was based on cases and deaths in goats and sheep due to PPR from the average combined data on ovine/caprine as published by Government of India for the last 5 years (2008-2012. All possible direct and indirect losses due to the disease, viz. mortality losses, losses due to direct reduction in milk/wool yield, losses due to reproduction failure, body weight losses, treatment costs and opportunity costs, were considered to provide estimate of annual economic losses due to PPR in sheep and goats in India. Based on cases and deaths as reported in sample survey studies, the annual economic loss was also estimated. Results: On the basis of data reported by Government of India, the study has shown average annual economic loss of Rs. 167.83 lacs, of which Rs. 125.67 lacs and Rs. 42.16 lacs respectively are due to the incidence of the disease in goats and sheep. Morbidity losses constituted the greater share of the total loss in both goats and sheep (56.99% and 61.34%, respectively. Among different components of morbidity loss, direct body weight loss was the most significant in both goats and sheep. Based on cases and deaths as reported in sample survey studies, the estimated annual economic loss due to PPR in goats and sheep is Rs. 8895.12 crores, of which Rs. 5477.48 and Rs. 3417.64 crores respectively are due to the disease in goats and sheep. Conclusion: The low economic losses as reported based on Government of India data points towards underreporting of cases and deaths due to the disease. The study thus revealed a significant loss due to PPR in small ruminants on a large scale.

  16. Estimation of Relative Economic Weights of Hanwoo Carcass Traits Based on Carcass Market Price

    Science.gov (United States)

    Choy, Yun Ho; Park, Byoung Ho; Choi, Tae Jung; Choi, Jae Gwan; Cho, Kwang Hyun; Lee, Seung Soo; Choi, You Lim; Koh, Kyung Chul; Kim, Hyo Sun

    2012-01-01

    The objective of this study was to estimate economic weights of Hanwoo carcass traits that can be used to build economic selection indexes for selection of seedstocks. Data from carcass measures for determining beef yield and quality grades were collected and provided by the Korean Institute for Animal Products Quality Evaluation (KAPE). Out of 1,556,971 records, 476,430 records collected from 13 abattoirs from 2008 to 2010 after deletion of outlying observations were used to estimate relative economic weights of bid price per kg carcass weight on cold carcass weight (CW), eye muscle area (EMA), backfat thickness (BF) and marbling score (MS) and the phenotypic relationships among component traits. Price of carcass tended to increase linearly as yield grades or quality grades, in marginal or in combination, increased. Partial regression coefficients for MS, EMA, BF, and for CW in original scales were +948.5 won/score, +27.3 won/cm2, −95.2 won/mm and +7.3 won/kg when all three sex categories were taken into account. Among four grade determining traits, relative economic weight of MS was the greatest. Variations in partial regression coefficients by sex categories were great but the trends in relative weights for each carcass measures were similar. Relative economic weights of four traits in integer values when standardized measures were fit into covariance model were +4:+1:−1:+1 for MS:EMA:BF:CW. Further research is required to account for the cost of production per unit carcass weight or per unit production under different economic situations. PMID:25049531

  17. Estimating the economic impact of tourism industry through the MM approach

    Directory of Open Access Journals (Sweden)

    SOCCI Claudio

    2017-01-01

    Full Text Available Tourism is one of the fastest growing industries in Italy and has proven to be a valuable source of economic prosperity. The main issue emerging when measuring the impact of tourism is that tourism is usually considered as a specific industry while in most applied situations it shows traits of a complex and structured economic activity characterized by a blend of different industries. We will identify the relationship among the various industries making up the complex economic activity usually referred as the “tourism industry”. This is done through the application of the multisectoral analysis to the Italian case. The evaluation of tourism in terms of economic policy is performed through the definition of an index of interaction among industries.

  18. PLUS7TM In-Reactor Operating Performance and Economics

    International Nuclear Information System (INIS)

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

    2006-01-01

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

  19. Estimating the economic value and impacts of recreational trails: a case study of the Virginia creeper rail trail

    Science.gov (United States)

    J. Michael Bowker; John C. Bergstrom; Joshua Gill

    2007-01-01

    Many communities are interested in developing and maintaining recreational trails to benefit trail users and as tourist attractions to stimulate economic growth. In this paper, a study is described which estimates the net economic value to trail users and the local economic impacts of the Virginia Creeper Rail Trail in south-western Virginia, USA. The monetary...

  20. Feasibility Study of Economics and Performance of Solar Photovoltaics in the Commonwealth of Puerto Rico

    Energy Technology Data Exchange (ETDEWEB)

    Salasovich, J.; Mosey, G.

    2011-03-01

    This report presents the results of an assessment of the technical and economic feasibility of deploying a photovoltaics (PV) system on brownfield sites in the Commonwealth of Puerto Rico. All of the assessed sites are landfills. The sites were assessed for possible PV installations. The cost, performance, and site impacts of different PV options were estimated. The economics of the potential systems were analyzed using an electric rate of $0.119/kWh and incentives offered by Puerto Rico and by the serving utility, PREPA. According to the site production calculations, the most cost-effective system in terms of return on investment is the thin-film fixed-tilt technology. The report recommends financing options that could assist in the implementation of such a system.

  1. Cost estimate and economic issues associated with the MOX option (prior to DOE's record of decision)

    International Nuclear Information System (INIS)

    Reid, R.L.; Miller, J.W.

    1997-04-01

    Before the January 1997 Record of Decision (ROD), the U.S. Department of Energy Office of Fissile Materials Disposition (DOE-MD) evaluated three technologies for the disposition of ∼50 MT of surplus plutonium from defense-related programs-reactors, immobilization, and deep boreholes. As part of the process supporting the ROD, and comprehensive assessment of technical viability, cost, and schedule was conducted by DOE-MD and its national laboratory contractors. Oak Ridge National Laboratory managed and coordinated the life-cycle cost (LCC) assessment effort for this program. This report discusses the economic analysis methodology and the results for the reactor options considered prior to ROD. A secondary intent of the report is to discuss major technical and economic issues that impact cost and schedule. To evaluate the economics of the reactor option and other technologies on an equitable basis, a set of cost-estimating guidelines and a common cost-estimating format were utilized by all three technology teams. This report includes the major economic analysis assumptions and the comparative constant-dollar and discounted-dollar LCCs for all nine reactor scenarios

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

    OpenAIRE

    Jano, María Dolores; Ortiz Serrano, Salvador

    2007-01-01

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

  3. Time-Varying Estimation of Crop Insurance Program in Altering North Dakota Farm Economic Structure

    OpenAIRE

    Coleman, Jane A.; Shaik, Saleem

    2009-01-01

    This study examines how federal farm policies, specifically crop insurance, have affected the farm economic structure of North Dakota’s agriculture sector. The system of derived input demand equations is estimated to quantify the changes in North Dakota farmers’ input use when they purchase crop insurance. Further, the cumulative rolling regression technique is applied to capture the varying effects of the farm policies over time. Empirical results from the system of input demand functions in...

  4. Economic impact analysis for global warming: Sensitivity analysis for cost and benefit estimates

    International Nuclear Information System (INIS)

    Ierland, E.C. van; Derksen, L.

    1994-01-01

    Proper policies for the prevention or mitigation of the effects of global warming require profound analysis of the costs and benefits of alternative policy strategies. Given the uncertainty about the scientific aspects of the process of global warming, in this paper a sensitivity analysis for the impact of various estimates of costs and benefits of greenhouse gas reduction strategies is carried out to analyze the potential social and economic impacts of climate change

  5. Evaluating the Performance of South African Economics Departments

    OpenAIRE

    John Luiz

    2009-01-01

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

  6. On estimating the economic value of insectivorous bats: Prospects and priorities for biologists

    Science.gov (United States)

    Boyles, Justin G.; Sole, Catherine L.; Cryan, Paul M.; McCracken, Gary F.

    2013-01-01

    Bats are among the most economically important nondomesticated mammals in the world. They are well-known pollinators and seed dispersers, but crop pest suppression is probably the most valuable ecosystem service provided by bats. Scientific literature and popular media often include reports of crop pests in the diet of bats and anecdotal or extrapolated estimates of how many insects are eaten by bats. However, quantitative estimates of the ecosystem services provided by bats in agricultural systems are rare, and the few estimates that are available are limited to a single cotton-dominated system in Texas. Despite the tremendous value for conservation and economic security of such information, surprisingly few scientific efforts have been dedicated to quantifying the economic value of bats. Here, we outline the types of information needed to better quantify the value of bats in agricultural ecosystems. Because of the complexity of the ecosystems involved, creative experimental design and innovative new methods will help advance our knowledge in this area. Experiments involving bats in agricultural systems may be needed sooner than later, before population declines associated with white-nose syndrome and wind turbines potentially render them impossible.

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

    Directory of Open Access Journals (Sweden)

    Voznyak Halyna V.

    2017-06-01

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

  8. Epidemiological and economic burden of Clostridium difficile in the United States: estimates from a modeling approach.

    Science.gov (United States)

    Desai, Kamal; Gupta, Swati B; Dubberke, Erik R; Prabhu, Vimalanand S; Browne, Chantelle; Mast, T Christopher

    2016-06-18

    Despite a large increase in Clostridium difficile infection (CDI) severity, morbidity and mortality in the US since the early 2000s, CDI burden estimates have had limited generalizability and comparability due to widely varying clinical settings, populations, or study designs. A decision-analytic model incorporating key input parameters important in CDI epidemiology was developed to estimate the annual number of initial and recurrent CDI cases, attributable and all-cause deaths, economic burden in the general population, and specific number of high-risk patients in different healthcare settings and the community in the US. Economic burden was calculated adopting a societal perspective using a bottom-up approach that identified healthcare resources consumed in the management of CDI. Annually, a total of 606,058 (439,237 initial and 166,821 recurrent) episodes of CDI were predicted in 2014: 34.3 % arose from community exposure. Over 44,500 CDI-attributable deaths in 2014 were estimated to occur. High-risk susceptible individuals representing 5 % of the total hospital population accounted for 23 % of hospitalized CDI patients. The economic cost of CDI was $5.4 billion ($4.7 billion (86.7 %) in healthcare settings; $725 million (13.3 %) in the community), mostly due to hospitalization. A modeling framework provides more comprehensive and detailed national-level estimates of CDI cases, recurrences, deaths and cost in different patient groups than currently available from separate individual studies. As new treatments for CDI are developed, this model can provide reliable estimates to better focus healthcare resources to those specific age-groups, risk-groups, and care settings in the US where they are most needed. (Trial Identifier ClinicaTrials.gov: NCT01241552).

  9. Estimates of the economic contributions of the bidi manufacturing industry in India.

    Science.gov (United States)

    Nandi, Arindam; Ashok, Ashvin; Guindon, G Emmanuel; Chaloupka, Frank J; Jha, Prabhat

    2015-07-01

    Bidis, the most common smoking tobacco product in India, remain largely untaxed and are subject to very few regulations to discourage their use. A major argument against tax increases is the large potential loss of economic activity and employment in the bidi industry from reduced consumption. We used a nationally representative survey of unorganised bidi manufacturing firms (n=2841) in India to estimate the economic contribution of the industry. We find that of the 35 states and union territories of India, the bidi industry operated across 17 states, with over 95% of its production concentrated in 10 states. Bidi manufacturing firms contributed 0.50% of total sales and 0.6% of the gross value added by the manufacturing economy in 2005-2006. The industry employed approximately 3.4 million full-time workers, which comprise about 0.7% of employment in all sectors. A further 0.7 million were part-time workers. Bidi workers were also among the lowest paid employees in India. The industry offered only 0.09% of all compensation provided in the manufacturing sector (organised and unorganised). Considering the relatively small economic footprint of the bidi industry in India, higher excise taxes and regulations on bidis are unlikely to disrupt economic growth at an aggregate level, or lead to mass unemployment and economic hardship among small bidi workers. On average, the economic annual output per bidi worker is about US$143, which is an order of magnitude smaller than the large economic losses from the several hundred thousand deaths due to bidi smoking per year. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://group.bmj.com/group/rights-licensing/permissions.

  10. Measuring economic performance, social progress and sustainability using an index

    International Nuclear Information System (INIS)

    de Carvalho, Joaquim Francisco

    2011-01-01

    The energy crisis and a greater awareness among the general public regarding the issue of climate change have, between them, led to a notable increase in the interest shown by governments in relation to the problem of environmental sustainability. An example has been the initiative taken by the President of France to set up a commission, known as the Sarkozy Commission, named after the President, bringing together renowned economists to study and propose forms of economic performance measurement related to social progress. This article aims to propose a methodology to establish a quantitative definition of sustainability structured on the principles of minimum and maximum entropy production, and, based on this, outline a way of organizing the many sources of, and kinds of energy, we have available to us in order of the intensity of their respective environmental impacts. Based on this, we could produce an Environmental Sustainability Index, linked to existing statistical indicators of human development, and thereby arrive at a Sustainable Human Development Index, which would be positively or negatively influenced by parameters linked to environmental sustainability and quality of life. In order to ensure that this index can produce practical results, the WTO (World Trade Organization) would have to establish a scale of increments, to be applied to export tariffs on products originating in countries with different indexes. (author)

  11. Sources of Funding and Academic Performance in Economics Principles Courses

    Science.gov (United States)

    Faulk, Dagney; Srinivasan, Arun K.; Bingham, Jon

    2012-01-01

    The authors examine two factors that may affect student achievement in economics principles courses: working for pay and the primary source of funds (employer tuition reimbursement, loans, scholarships, financial aid, self-financing, parental transfers, other) used to pay for college for a sample of students in economics principles classes at a…

  12. Economic performance optimization of an absorption cooling system under uncertainty

    International Nuclear Information System (INIS)

    Gebreslassie, Berhane H.; Guillen-Gosalbez, Gonzalo; Jimenez, Laureano; Boer, Dieter

    2009-01-01

    Many of the strategies devised so far to address the optimization of energy systems are deterministic approaches that rely on estimated data. However, in real world applications there are many sources of uncertainty that introduce variability into the decision-making problem. Within this general context, we propose a novel approach to address the design of absorption cooling systems under uncertainty in the energy cost. As opposed to other approaches that optimize the expected performance of the system as a single objective, in our method the design task is formulated as a stochastic bi-criteria non-linear optimization problem that simultaneously accounts for the minimization of the expected total cost and the financial risk associated with the investment. The latter criterion is measured by the downside risk, which avoids the need to define binary variables thus improving the computational performance of the model. The capabilities of the proposed modeling framework and solution strategy are illustrated in a case study problem that addresses the design of a typical absorption cooling system. Numerical results demonstrate that the method presented allows to manage the risk level effectively by varying the area of the heat exchangers of the absorption cycle. Specifically, our strategy allows identifying the optimal values of the operating and design variables of the cycle that make it less sensitive to fluctuations in the energy price, thus improving its robustness in the face of uncertainty.

  13. Sustainable economic growth and exhaustible resources: A model and estimation for the US

    Directory of Open Access Journals (Sweden)

    Almuth Scholl

    2002-01-01

    Full Text Available This paper studies current models on sustainable economic growth with resource constraints and explores to what extent resource constraints can be overcome by substitution and technological change. We also study the problem of intergenerational equity and the different criteria that have been suggested in the literature. The central part of this paper is the presentation of stylized facts on exhaustible resources and an estimation of a basic model with resource constraints for US time series data. The estimated years left until depletion and the empirical trends of the ratios of capital stock and consumption to resources seem to indicate that there might be a threat to sustainable growth in the future. In our estimation, we obtain parameter values, which help to interpret the extent to which growth with exhaustible resources is sustainable.

  14. An Accurate Link Correlation Estimator for Improving Wireless Protocol Performance

    Science.gov (United States)

    Zhao, Zhiwei; Xu, Xianghua; Dong, Wei; Bu, Jiajun

    2015-01-01

    Wireless link correlation has shown significant impact on the performance of various sensor network protocols. Many works have been devoted to exploiting link correlation for protocol improvements. However, the effectiveness of these designs heavily relies on the accuracy of link correlation measurement. In this paper, we investigate state-of-the-art link correlation measurement and analyze the limitations of existing works. We then propose a novel lightweight and accurate link correlation estimation (LACE) approach based on the reasoning of link correlation formation. LACE combines both long-term and short-term link behaviors for link correlation estimation. We implement LACE as a stand-alone interface in TinyOS and incorporate it into both routing and flooding protocols. Simulation and testbed results show that LACE: (1) achieves more accurate and lightweight link correlation measurements than the state-of-the-art work; and (2) greatly improves the performance of protocols exploiting link correlation. PMID:25686314

  15. Estimates of economic burden of providing inpatient care in childhood rotavirus gastroenteritis from Malaysia.

    Science.gov (United States)

    Lee, Way Seah; Poo, Muhammad Izzuddin; Nagaraj, Shyamala

    2007-12-01

    To estimate the cost of an episode of inpatient care and the economic burden of hospitalisation for childhood rotavirus gastroenteritis (GE) in Malaysia. A 12-month prospective, hospital-based study on children less than 14 years of age with rotavirus GE, admitted to University of Malaya Medical Centre, Kuala Lumpur, was conducted in 2002. Data on human resource expenditure, costs of investigations, treatment and consumables were collected. Published estimates on rotavirus disease incidence in Malaysia were searched. Economic burden of hospital care for rotavirus GE in Malaysia was estimated by multiplying the cost of each episode of hospital admission for rotavirus GE with national rotavirus incidence in Malaysia. In 2002, the per capita health expenditure by Malaysian Government was US$71.47. Rotavirus was positive in 85 (22%) of the 393 patients with acute GE admitted during the study period. The median cost of providing inpatient care for an episode of rotavirus GE was US$211.91 (range US$68.50-880.60). The estimated average cases of children hospitalised for rotavirus GE in Malaysia (1999-2000) was 8571 annually. The financial burden of providing inpatient care for rotavirus GE in Malaysian children was estimated to be US$1.8 million (range US$0.6 million-7.5 million) annually. The cost of providing inpatient care for childhood rotavirus GE in Malaysia was estimated to be US$1.8 million annually. The financial burden of rotavirus disease would be higher if cost of outpatient visits, non-medical and societal costs are included.

  16. Estimating the cost of epilepsy in Europe: a review with economic modeling.

    Science.gov (United States)

    Pugliatti, Maura; Beghi, Ettore; Forsgren, Lars; Ekman, Mattias; Sobocki, Patrik

    2007-12-01

    Based on available epidemiologic, health economic, and international population statistics literature, the cost of epilepsy in Europe was estimated. Europe was defined as the 25 European Union member countries, Iceland, Norway, and Switzerland. Guidelines for epidemiological studies on epilepsy were used for a case definition. A bottom-up prevalence-based cost-of-illness approach, the societal perspective for including the cost items, and the human capital approach as valuation principle for indirect costs were used. The cost estimates were based on selected studies with common methodology and valuation principles. The estimated prevalence of epilepsy in Europe in 2004 was 4.3-7.8 per 1,000. The estimated total cost of the disease in Europe was euro15.5 billion in 2004, indirect cost being the single most dominant cost category (euro8.6 billion). Direct health care costs were euro2.8 billion, outpatient care comprising the largest part (euro1.3 billion). Direct nonmedical cost was euro4.2 billion. That of antiepileptic drugs was euro400 million. The total cost per case was euro2,000-11,500 and the estimated cost per European inhabitant was euro33. Epilepsy is a relevant socioeconomic burden at individual, family, health services, and societal level in Europe. The greater proportion of such burden is outside the formal health care sector, antiepileptic drugs representing a smaller proportion. Lack of economic data from several European countries and other methodological limitations make this report an initial estimate of the cost of epilepsy in Europe. Prospective incidence cost-of-illness studies from well-defined populations and common methodology are encouraged.

  17. Estimate of Passive Time Reversal Communication Performance in Shallow Water

    Directory of Open Access Journals (Sweden)

    Sunhyo Kim

    2017-12-01

    Full Text Available Time reversal processes have been used to improve communication performance in the severe underwater communication environment characterized by significant multipath channels by reducing inter-symbol interference and increasing signal-to-noise ratio. In general, the performance of the time reversal is strongly related to the behavior of the q -function, which is estimated by a sum of the autocorrelation of the channel impulse response for each channel in the receiver array. The q -function depends on the complexity of the communication channel, the number of channel elements and their spacing. A q -function with a high side-lobe level and a main-lobe width wider than the symbol duration creates a residual ISI (inter-symbol interference, which makes communication difficult even after time reversal is applied. In this paper, we propose a new parameter, E q , to describe the performance of time reversal communication. E q is an estimate of how much of the q -function lies within one symbol duration. The values of E q were estimated using communication data acquired at two different sites: one in which the sound speed ratio of sediment to water was less than unity and one where the ratio was higher than unity. Finally, the parameter E q was compared to the bit error rate and the output signal-to-noise ratio obtained after the time reversal operation. The results show that these parameters are strongly correlated to the parameter E q .

  18. Estimating the economic impact of subclinical ketosis in dairy cattle using a dynamic stochastic simulation model.

    Science.gov (United States)

    Mostert, P F; Bokkers, E A M; van Middelaar, C E; Hogeveen, H; de Boer, I J M

    2018-01-01

    The objective of this study was to estimate the economic impact of subclinical ketosis (SCK) in dairy cows. This metabolic disorder occurs in the period around calving and is associated with an increased risk of other diseases. Therefore, SCK affects farm productivity and profitability. Estimating the economic impact of SCK may make farmers more aware of this problem, and can improve their decision-making regarding interventions to reduce SCK. We developed a dynamic stochastic simulation model that enables estimating the economic impact of SCK and related diseases (i.e. mastitis, metritis, displaced abomasum, lameness and clinical ketosis) occurring during the first 30 days after calving. This model, which was applied to a typical Dutch dairy herd, groups cows according to their parity (1 to 5+), and simulates the dynamics of SCK and related diseases, and milk production per cow during one lactation. The economic impact of SCK and related diseases resulted from a reduced milk production, discarded milk, treatment costs, costs from a prolonged calving interval and removal (culling or dying) of cows. The total costs of SCK were €130 per case per year, with a range between €39 and €348 (5 to 95 percentiles). The total costs of SCK per case per year, moreover, increased from €83 per year in parity 1 to €175 in parity 3. Most cows with SCK, however, had SCK only (61%), and costs were €58 per case per year. Total costs of SCK per case per year resulted for 36% from a prolonged calving interval, 24% from reduced milk production, 19% from treatment, 14% from discarded milk and 6% from removal. Results of the sensitivity analysis showed that the disease incidence, removal risk, relations of SCK with other diseases and prices of milk resulted in a high variation of costs of SCK. The costs of SCK, therefore, might differ per farm because of farm-specific circumstances. Improving data collection on the incidence of SCK and related diseases, and on consequences of

  19. Estimating the Relationship between Economic Growth and Health Expenditures in ECO Countries Using Panel Cointegration Approach

    Directory of Open Access Journals (Sweden)

    Nahid Hatam

    2016-03-01

    Full Text Available Increasing knowledge of people about health leads to raising the share of health expenditures in government budget continuously; although governors do not like this rise because of budget limitations. This study aimed to find the association between health expenditures and economic growth in ECO countries. We added health capital in Solow model and used the panel cointegration approach to show the importance of health expenditures in economic growth. For estimating the model, first we used Pesaran cross-sectional dependency test, after that we used Pesaran CADF unit root test, and then we used Westerlund panel cointegration test to show if there is a long-term association between variables or not. After that, we used chaw test, Breusch-Pagan test and Hausman test to find the form of the model. Finally, we used OLS estimator for panel data. Findings showed that there is a positive, strong association between health expenditures and economic growth in ECO countries. If governments increase investing in health, the total production of the country will be increased, so health expenditures are considered as an investing good. The effects of health expenditures in developing countries must be higher than those in developed countries. Such studies can help policy makers to make long-term decisions.

  20. Estimating the Relationship between Economic Growth and Health Expenditures in ECO Countries Using Panel Cointegration Approach.

    Science.gov (United States)

    Hatam, Nahid; Tourani, Sogand; Homaie Rad, Enayatollah; Bastani, Peivand

    2016-02-01

    Increasing knowledge of people about health leads to raising the share of health expenditures in government budget continuously; although governors do not like this rise because of budget limitations. This study aimed to find the association between health expenditures and economic growth in ECO countries. We added health capital in Solow model and used the panel cointegration approach to show the importance of health expenditures in economic growth. For estimating the model, first we used Pesaran cross-sectional dependency test, after that we used Pesaran CADF unit root test, and then we used Westerlund panel cointegration test to show if there is a long-term association between variables or not. After that, we used chaw test, Breusch-Pagan test and Hausman test to find the form of the model. Finally, we used OLS estimator for panel data. Findings showed that there is a positive, strong association between health expenditures and economic growth in ECO countries. If governments increase investing in health, the total production of the country will be increased, so health expenditures are considered as an investing good. The effects of health expenditures in developing countries must be higher than those in developed countries. Such studies can help policy makers to make long-term decisions.

  1. Estimating Green Net National Product for Puerto Rico: An Economic Measure of Sustainability

    Science.gov (United States)

    Wu, Shanshan; Heberling, Matthew T.

    2016-04-01

    This paper presents the data sources and methodology used to estimate Green Net National Product (GNNP), an economic metric of sustainability, for Puerto Rico. Using the change in GNNP as a one-sided test of weak sustainability (i.e., positive growth in GNNP is not enough to show the economy is sustainable), we measure the movement away from sustainability by examining the change in GNNP from 1993 to 2009. In order to calculate GNNP, we require both economic and natural capital data, but limited data for Puerto Rico require a number of simplifying assumptions. Based on the environmental challenges faced by Puerto Rico, we include damages from air emissions and solid waste, the storm protection value of mangroves and the value of extracting crushed stone as components in the depreciation of natural capital. Our estimate of GNNP also includes the value of time, which captures the effects of technological progress. The results show that GNNP had an increasing trend over the 17 years studied with two periods of negative growth (2004-2006 and 2007-2008). Our additional analysis suggests that the negative growth in 2004-2006 was possibly due to a temporary economic downturn. However, the negative growth in 2007-2008 was likely from the decline in the value of time, suggesting the island of Puerto Rico was moving away from sustainability during this time.

  2. Estimating Green Net National Product for Puerto Rico: An Economic Measure of Sustainability.

    Science.gov (United States)

    Wu, Shanshan; Heberling, Matthew T

    2016-04-01

    This paper presents the data sources and methodology used to estimate Green Net National Product (GNNP), an economic metric of sustainability, for Puerto Rico. Using the change in GNNP as a one-sided test of weak sustainability (i.e., positive growth in GNNP is not enough to show the economy is sustainable), we measure the movement away from sustainability by examining the change in GNNP from 1993 to 2009. In order to calculate GNNP, we require both economic and natural capital data, but limited data for Puerto Rico require a number of simplifying assumptions. Based on the environmental challenges faced by Puerto Rico, we include damages from air emissions and solid waste, the storm protection value of mangroves and the value of extracting crushed stone as components in the depreciation of natural capital. Our estimate of GNNP also includes the value of time, which captures the effects of technological progress. The results show that GNNP had an increasing trend over the 17 years studied with two periods of negative growth (2004-2006 and 2007-2008). Our additional analysis suggests that the negative growth in 2004-2006 was possibly due to a temporary economic downturn. However, the negative growth in 2007-2008 was likely from the decline in the value of time, suggesting the island of Puerto Rico was moving away from sustainability during this time.

  3. CONCEPTUAL FRAMEWORK FOR ESTIMATING THE PERFORMANCE OF INTERORGANIZATIONAL COLLABORATIVE INNOVATION

    Directory of Open Access Journals (Sweden)

    Dan SERGHIE

    2013-10-01

    Full Text Available The construction of a sequential model performance based on indicators broken down by factors and variables is relevant because it provides a complete picture of the effectiveness of collaborative structures built and operated on the basis of policies induced by the organizations involved. It also provides a longitudinal analysis of the effectiveness of collaboration for innovation. I will define the performance analysis model of collaborative innovation as a conceptual tool consisting of a set of elements and relationships between them, allowing the quantification of the expression of innovation performance as a result of interaction of several organizations. Applying such a model involves the analysis and estimation of the added value of each segment of interorganizational innovation cycle as part of the overall performance obtained by combining existing or created knowledge. From this point of view, it is necessary to develop an ontology, a common ground on which this model can be built.

  4. An Economic Assessment of the Impact of ICT on Performance ...

    African Journals Online (AJOL)

    Key words: ICT, Water economics, water Resource Management, Nigeria, International. Water Wars. 1 ... the methodology employed in the study. ..... Jamieson, D.G and Fedra, K (1996) The 'Water Ware' decision-support systems for river.

  5. Vision Hampton Roads : economic performance measures, 2010 DASHBOARD.

    Science.gov (United States)

    2010-01-01

    Mission: Provide leadership to focus on the strategic issues that will improve Hampton Roads' competitive position in the global economy. : Goal: With proper foresight, continuous planning and dynamic economic development, Hampton Roads will be recog...

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

    Directory of Open Access Journals (Sweden)

    Nikolić Ivan

    2016-01-01

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

  7. THE STOCKS ACCOUNTING EVALUATION AND ESTIMATION INFLUENCE ON THE ENTITY PERFORMANCE

    Directory of Open Access Journals (Sweden)

    TULVINSCHI MIHAELA

    2015-12-01

    Full Text Available Improving the performance of a company involves an operative and accurate measurement of the efforts and effects, the efficient use of the company resources and also identifying ways to reduce consumption, a category in which stocks occupy a significant position. The purpose of this article is to demonstrate that the accounting information on stocks can not rely only on the accuracy assessment of past and current events, but must take into account estimations of future events, even if these involve uncertainty and risk taking. Different methods for evaluating stocks at the exit of the entity lead to different results but does not affect the entity performance. Opposed to the evaluation, when we speak about the accounting estimation, there is a significant freedom of action when choosing methods. The economic entity is always in the present, and for this reason it must take into consideration both the evaluation accuracy and the accounting estimations uncertainty. Estimating the net achievable value is influenced by the purpose for which the inventory is held. Accounting estimations are influenced by the judgment which is sometimes subjected to inherent bias, but this bias should not turn into a form of manipulating the entity's performance.

  8. Analysis of advanced European nuclear fuel cycle scenarios including transmutation and economical estimates

    International Nuclear Information System (INIS)

    Merino Rodriguez, I.; Alvarez-Velarde, F.; Martin-Fuertes, F.

    2013-01-01

    Four European fuel cycle scenarios involving transmutation options have been addressed from a point of view of resources utilization and economics. Scenarios include the current fleet using Light Water Reactor (LWR) technology and open fuel cycle (as a reference scenario), a full replacement of the initial fleet with Fast Reactors (FR) burning U-Pu MOX fuel and two fuel cycles with Minor Actinide (MA) transmutation in a fraction of the FR fleet or in dedicated Accelerator Driven Systems (ADS).Results reveal that all scenarios are feasible according to nuclear resources demand. Regarding the economic analysis, the estimations show an increase of LCOE - averaged over the whole period - with respect to the reference scenario of 20% for Pu management scenario and around 35% for both transmutation scenarios respectively.

  9. Analysis of advanced European nuclear fuel cycle scenarios including transmutation and economical estimates

    Energy Technology Data Exchange (ETDEWEB)

    Merino Rodriguez, I.; Alvarez-Velarde, F.; Martin-Fuertes, F.

    2013-07-01

    Four European fuel cycle scenarios involving transmutation options have been addressed from a point of view of resources utilization and economics. Scenarios include the current fleet using Light Water Reactor (LWR) technology and open fuel cycle (as a reference scenario), a full replacement of the initial fleet with Fast Reactors (FR) burning U-Pu MOX fuel and two fuel cycles with Minor Actinide (MA) transmutation in a fraction of the FR fleet or in dedicated Accelerator Driven Systems (ADS).Results reveal that all scenarios are feasible according to nuclear resources demand. Regarding the economic analysis, the estimations show an increase of LCOE - averaged over the whole period - with respect to the reference scenario of 20% for Pu management scenario and around 35% for both transmutation scenarios respectively.

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

    Directory of Open Access Journals (Sweden)

    Mihai C.SAVIN

    2014-04-01

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

  11. An Economic Evaluation of Food Safety Education Interventions: Estimates and Critical Data Gaps.

    Science.gov (United States)

    Zan, Hua; Lambea, Maria; McDowell, Joyce; Scharff, Robert L

    2017-08-01

    The economic evaluation of food safety interventions is an important tool that practitioners and policy makers use to assess the efficacy of their efforts. These evaluations are built on models that are dependent on accurate estimation of numerous input variables. In many cases, however, there is no data available to determine input values and expert opinion is used to generate estimates. This study uses a benefit-cost analysis of the food safety component of the adult Expanded Food and Nutrition Education Program (EFNEP) in Ohio as a vehicle for demonstrating how results based on variable values that are not objectively determined may be sensitive to alternative assumptions. In particular, the focus here is on how reported behavioral change is translated into economic benefits. Current gaps in the literature make it impossible to know with certainty how many people are protected by the education (what are the spillover effects?), the length of time education remains effective, and the level of risk reduction from change in behavior. Based on EFNEP survey data, food safety education led 37.4% of participants to improve their food safety behaviors. Under reasonable default assumptions, benefits from this improvement significantly outweigh costs, yielding a benefit-cost ratio of between 6.2 and 10.0. Incorporation of a sensitivity analysis using alternative estimates yields a greater range of estimates (0.2 to 56.3), which highlights the importance of future research aimed at filling these research gaps. Nevertheless, most reasonable assumptions lead to estimates of benefits that justify their costs.

  12. Analysis of advanced European nuclear fuel cycle scenarios including transmutation and economic estimates

    International Nuclear Information System (INIS)

    Rodríguez, Iván Merino; Álvarez-Velarde, Francisco; Martín-Fuertes, Francisco

    2014-01-01

    Highlights: • Four fuel cycle scenarios have been analyzed in resources and economic terms. • Scenarios involve Once-Through, Pu burning, and MA transmutation strategies. • No restrictions were found in terms of uranium and plutonium availability. • The best case cost and the impact of their uncertainties to the LCOE were analyzed. - Abstract: Four European fuel cycle scenarios involving transmutation options (in coherence with PATEROS and CP-ESFR EU projects) have been addressed from a point of view of resources utilization and economic estimates. Scenarios include: (i) the current fleet using Light Water Reactor (LWR) technology and open fuel cycle, (ii) full replacement of the initial fleet with Fast Reactors (FR) burning U–Pu MOX fuel, (iii) closed fuel cycle with Minor Actinide (MA) transmutation in a fraction of the FR fleet, and (iv) closed fuel cycle with MA transmutation in dedicated Accelerator Driven Systems (ADS). All scenarios consider an intermediate period of GEN-III+ LWR deployment and they extend for 200 years, looking for long term equilibrium mass flow achievement. The simulations were made using the TR E VOL code, capable to assess the management of the nuclear mass streams in the scenario as well as economics for the estimation of the levelized cost of electricity (LCOE) and other costs. Results reveal that all scenarios are feasible according to nuclear resources demand (natural and depleted U, and Pu). Additionally, we have found as expected that the FR scenario reduces considerably the Pu inventory in repositories compared to the reference scenario. The elimination of the LWR MA legacy requires a maximum of 55% fraction (i.e., a peak value of 44 FR units) of the FR fleet dedicated to transmutation (MA in MOX fuel, homogeneous transmutation) or an average of 28 units of ADS plants (i.e., a peak value of 51 ADS units). Regarding the economic analysis, the main usefulness of the provided economic results is for relative comparison of

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

    International Nuclear Information System (INIS)

    Simard, R.L.

    1977-01-01

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

  14. The impact of socio-economic factors on the performance of ...

    African Journals Online (AJOL)

    The impact of socio-economic factors on the performance of community ... the work ethic and the level of participation in rural development performance ... the factors responsible for the poor performance of community development projects.

  15. Social and economic factors of the natural risk growth: estimation of the Russian regions

    Science.gov (United States)

    Petrova, E.

    2003-04-01

    Òhe vulnerability of the population and economy territorial complexes (PETC) to the influence of unfavorable and dangerous natural processes and events is determined not only by the physical parameters of natural hazards in the given region, but also by economic and social peculiarities of the PETC by itself. It depends on economy type, on PETC’s age, structure and dimensions as well as on degree of its participation in the territorial division of labor. PETC would be more vulnerable to the natural hazards impact if its population density, concentration of the industrial capacities (especially of the objects that additionally create the potential danger of the man-caused catastrophes such as nuclear-power stations, chemical enterprises, oil refineries and so on), concentration of transport and other means of communication, the technological complexity, the originality of the objects included in it as well as the originality of PETC by itself would be higher. The PETC with the unfavorable socio-political and ecological situation and underdeveloped management structures are more vulnerable. The estimation of regions by PETC vulnerability degree to the natural hazards were marked out on a base of data about the actual distribution of the natural hazards in Russia and analysis of the economic indices of the Russian Federation subjects. Among the economic indexes the per capita production of Gross Regional Product (GRP), population density, road density, the degree of appraisal depreciation of the fixed assets, the land cultivation degree of the territory, forest share and so on were taken into account. As the analysis showed, the economic and social factors of the natural risk growth are active in the majority of the regions of the Russian Federation. Such a situation demands the increased attention of state and local authorities to this problem for lowering the economic and social constituents of the growth of natural hazards.

  16. Reexamining financial and economic predictability with new estimators of realized variance and variance risk premium

    DEFF Research Database (Denmark)

    Casas, Isabel; Mao, Xiuping; Veiga, Helena

    This study explores the predictive power of new estimators of the equity variance risk premium and conditional variance for future excess stock market returns, economic activity, and financial instability, both during and after the last global financial crisis. These estimators are obtained from...... time-varying coefficient models are the ones showing considerably higher predictive power for stock market returns and financial instability during the financial crisis, suggesting that an extreme volatility period requires models that can adapt quickly to turmoil........ Moreover, a comparison of the overall results reveals that the conditional variance gains predictive power during the global financial crisis period. Furthermore, both the variance risk premium and conditional variance are determined to be predictors of future financial instability, whereas conditional...

  17. The estimation economic impacts from severe accidents of a nuclear power plant

    International Nuclear Information System (INIS)

    Jeong, J. T.; Jeong, W. D.

    2001-01-01

    The severe accidents of a nuclear power plant may cause health effects in the exposed population and societal economic impacts or costs. Techniques to assess the consequences of an accident in terms of cost may be applied in studies on the design of plant safety features and in examining countermeasure options as part of emergency planning or in decision making after an accident. In this study, the costs resulting from the severe accidents of a nuclear power plant were estimated for the different combinations of source term release parameters and meteorological data. Also, the costs were estimated for the different scenarios considering seasonal characteristics of Korea. The results can be used as essential inputs in costs/benefit analysis and in developing optimum risk reduction strategies

  18. Characterization and estimation of permeability correlation structure from performance data

    Energy Technology Data Exchange (ETDEWEB)

    Ershaghi, I.; Al-Qahtani, M. [Univ. of Southern California, Los Angeles, CA (United States)

    1997-08-01

    In this study, the influence of permeability structure and correlation length on the system effective permeability and recovery factors of 2-D cross-sectional reservoir models, under waterflood, is investigated. Reservoirs with identical statistical representation of permeability attributes are shown to exhibit different system effective permeability and production characteristics which can be expressed by a mean and variance. The mean and variance are shown to be significantly influenced by the correlation length. Detailed quantification of the influence of horizontal and vertical correlation lengths for different permeability distributions is presented. The effect of capillary pressure, P{sub c1} on the production characteristics and saturation profiles at different correlation lengths is also investigated. It is observed that neglecting P{sub c} causes considerable error at large horizontal and short vertical correlation lengths. The effect of using constant as opposed to variable relative permeability attributes is also investigated at different correlation lengths. Next we studied the influence of correlation anisotropy in 2-D reservoir models. For a reservoir under five-spot waterflood pattern, it is shown that the ratios of breakthrough times and recovery factors of the wells in each direction of correlation are greatly influenced by the degree of anisotropy. In fully developed fields, performance data can aid in the recognition of reservoir anisotropy. Finally, a procedure for estimating the spatial correlation length from performance data is presented. Both the production performance data and the system`s effective permeability are required in estimating the correlation length.

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

    Science.gov (United States)

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

    2013-01-01

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

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

    OpenAIRE

    Saputri, Novitasari; Heriningsih, Sucahyo

    2012-01-01

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

  1. A Comparative Study of The Economic Performance of Farmers ...

    African Journals Online (AJOL)

    This study determined the better irrigation method between large scale and motorised pump to recommend to farmers in Katsina state of Nigeria. The target populations were Farmers Under Large Scale (FULS) and Farmers Using Motorised Pumps (FUMP) and were compared along their socio-economic characteristics, ...

  2. Strategic Factor Markets Scale Free Resources and Economic Performance

    DEFF Research Database (Denmark)

    Geisler Asmussen, Christian

    2015-01-01

    -theoretic model, it shows how the impact of strategic factor markets on economic profits is influenced by product market rivalry, preexisting competitive (dis)advantages, and the interaction of acquired resources with those preexisting asymmetries. New insights include the result that resource suppliers will aim...

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

    African Journals Online (AJOL)

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

  4. Growth Performance, Yields and Economic Benefits of Nile Tilapia ...

    African Journals Online (AJOL)

    fish culture integration in the growth, yields and economic benefits of fish and vegetables. Two 200 m2 earthen fishponds were stocked with Nile tilapia Oreochromis niloticus at 20,000 fish fingerlings per hectare. Pond A was fertilized with ...

  5. Economic rate of discount and estimating cost benefit of viral immunisation programmes.

    Science.gov (United States)

    West, R R

    1999-01-01

    Many individual and societal decisions over purchase (or investment) involve consideration of timing, in that either the price may be paid now and the benefit enjoyed some time in the future or the converse the benefit enjoyed now and the price paid later. Since most individuals generally prefer the present to the future, economic theory has conventionally discounted future costs or benefits to estimate 'net present values'. The rationale for this is principally based on future uncertainty. In recent years, economists have turned their attention to valuing health as an economic 'good'. Observations of individual behaviour would imply that individuals discount future health, as other potential benefits, mostly because there is some uncertainty about their futures. Although economic theory is strongly predicated on the 'sovereignty of the individual', it does not necessarily follow that society discounts the future as do individuals, since for society the future is not so uncertain. Society's endorsement of many public health and preventive medicine objectives, which seek health gains in the future (rather than the present), imply that society's rate of discount may be appreciably lower than that of individuals. In immunisation, arguably one of the most effective of preventive measures, there is the additional benefit to others attributable to herd immunity. This paper argues that the future health gains for society arising from immunisation should not be underestimated by application of inappropriate discounting.

  6. Instance Selection for Classifier Performance Estimation in Meta Learning

    Directory of Open Access Journals (Sweden)

    Marcin Blachnik

    2017-11-01

    Full Text Available Building an accurate prediction model is challenging and requires appropriate model selection. This process is very time consuming but can be accelerated with meta-learning–automatic model recommendation by estimating the performances of given prediction models without training them. Meta-learning utilizes metadata extracted from the dataset to effectively estimate the accuracy of the model in question. To achieve that goal, metadata descriptors must be gathered efficiently and must be informative to allow the precise estimation of prediction accuracy. In this paper, a new type of metadata descriptors is analyzed. These descriptors are based on the compression level obtained from the instance selection methods at the data-preprocessing stage. To verify their suitability, two types of experiments on real-world datasets have been conducted. In the first one, 11 instance selection methods were examined in order to validate the compression–accuracy relation for three classifiers: k-nearest neighbors (kNN, support vector machine (SVM, and random forest. From this analysis, two methods are recommended (instance-based learning type 2 (IB2, and edited nearest neighbor (ENN which are then compared with the state-of-the-art metaset descriptors. The obtained results confirm that the two suggested compression-based meta-features help to predict accuracy of the base model much more accurately than the state-of-the-art solution.

  7. Interlaboratory analytical performance studies; a way to estimate measurement uncertainty

    Directory of Open Access Journals (Sweden)

    El¿bieta £ysiak-Pastuszak

    2004-09-01

    Full Text Available Comparability of data collected within collaborative programmes became the key challenge of analytical chemistry in the 1990s, including monitoring of the marine environment. To obtain relevant and reliable data, the analytical process has to proceed under a well-established Quality Assurance (QA system with external analytical proficiency tests as an inherent component. A programme called Quality Assurance in Marine Monitoring in Europe (QUASIMEME was established in 1993 and evolved over the years as the major provider of QA proficiency tests for nutrients, trace metals and chlorinated organic compounds in marine environment studies. The article presents an evaluation of results obtained in QUASIMEME Laboratory Performance Studies by the monitoring laboratory of the Institute of Meteorology and Water Management (Gdynia, Poland in exercises on nutrient determination in seawater. The measurement uncertainty estimated from routine internal quality control measurements and from results of analytical performance exercises is also presented in the paper.

  8. Probabilistic multiobjective wind-thermal economic emission dispatch based on point estimated method

    International Nuclear Information System (INIS)

    Azizipanah-Abarghooee, Rasoul; Niknam, Taher; Roosta, Alireza; Malekpour, Ahmad Reza; Zare, Mohsen

    2012-01-01

    In this paper, wind power generators are being incorporated in the multiobjective economic emission dispatch problem which minimizes wind-thermal electrical energy cost and emissions produced by fossil-fueled power plants, simultaneously. Large integration of wind energy sources necessitates an efficient model to cope with uncertainty arising from random wind variation. Hence, a multiobjective stochastic search algorithm based on 2m point estimated method is implemented to analyze the probabilistic wind-thermal economic emission dispatch problem considering both overestimation and underestimation of available wind power. 2m point estimated method handles the system uncertainties and renders the probability density function of desired variables efficiently. Moreover, a new population-based optimization algorithm called modified teaching-learning algorithm is proposed to determine the set of non-dominated optimal solutions. During the simulation, the set of non-dominated solutions are kept in an external memory (repository). Also, a fuzzy-based clustering technique is implemented to control the size of the repository. In order to select the best compromise solution from the repository, a niching mechanism is utilized such that the population will move toward a smaller search space in the Pareto-optimal front. In order to show the efficiency and feasibility of the proposed framework, three different test systems are represented as case studies. -- Highlights: ► WPGs are being incorporated in the multiobjective economic emission dispatch problem. ► 2m PEM handles the system uncertainties. ► A MTLBO is proposed to determine the set of non-dominated (Pareto) optimal solutions. ► A fuzzy-based clustering technique is implemented to control the size of the repository.

  9. Performance of monitoring networks estimated from a Gaussian plume model

    International Nuclear Information System (INIS)

    Seebregts, A.J.; Hienen, J.F.A.

    1990-10-01

    In support of the ECN study on monitoring strategies after nuclear accidents, the present report describes the analysis of the performance of a monitoring network in a square grid. This network is used to estimate the distribution of the deposition pattern after a release of radioactivity into the atmosphere. The analysis is based upon a single release, a constant wind direction and an atmospheric dispersion according to a simplified Gaussian plume model. A technique is introduced to estimate the parameters in this Gaussian model based upon measurements at specific monitoring locations and linear regression, although this model is intrinsically non-linear. With these estimated parameters and the Gaussian model the distribution of the contamination due to deposition can be estimated. To investigate the relation between the network and the accuracy of the estimates for the deposition, deposition data have been generated by the Gaussian model, including a measurement error by a Monte Carlo simulation and this procedure has been repeated for several grid sizes, dispersion conditions, number of measurements per location, and errors per single measurement. The present technique has also been applied for the mesh sizes of two networks in the Netherlands, viz. the Landelijk Meetnet Radioaciviteit (National Measurement Network on Radioactivity, mesh size approx. 35 km) and the proposed Landelijk Meetnet Nucleaire Incidenten (National Measurement Network on Nuclear Incidents, mesh size approx. 15 km). The results show accuracies of 11 and 7 percent, respectively, if monitoring locations are used more than 10 km away from the postulated accident site. These figures are based upon 3 measurements per location and a dispersion during neutral weather with a wind velocity of 4 m/s. For stable weather conditions and low wind velocities, i.e. a small plume, the calculated accuracies are at least a factor 1.5 worse.The present type of analysis makes a cost-benefit approach to the

  10. A population-based estimate of the economic burden of influenza in Peru, 2009-2010.

    Science.gov (United States)

    Tinoco, Yeny O; Azziz-Baumgartner, Eduardo; Rázuri, Hugo; Kasper, Matthew R; Romero, Candice; Ortiz, Ernesto; Gomez, Jorge; Widdowson, Marc-Alain; Uyeki, Timothy M; Gilman, Robert H; Bausch, Daniel G; Montgomery, Joel M

    2016-07-01

    Influenza disease burden and economic impact data are needed to assess the potential value of interventions. Such information is limited from resource-limited settings. We therefore studied the cost of influenza in Peru. We used data collected during June 2009-December 2010 from laboratory-confirmed influenza cases identified through a household cohort in Peru. We determined the self-reported direct and indirect costs of self-treatment, outpatient care, emergency ward care, and hospitalizations through standardized questionnaires. We recorded costs accrued 15-day from illness onset. Direct costs represented medication, consultation, diagnostic fees, and health-related expenses such as transportation and phone calls. Indirect costs represented lost productivity during days of illness by both cases and caregivers. We estimated the annual economic cost and the impact of a case of influenza on a household. There were 1321 confirmed influenza cases, of which 47% sought health care. Participants with confirmed influenza illness paid a median of $13 [interquartile range (IQR) 5-26] for self-treatment, $19 (IQR 9-34) for ambulatory non-medical attended illness, $29 (IQR 14-51) for ambulatory medical attended illness, and $171 (IQR 113-258) for hospitalizations. Overall, the projected national cost of an influenza illness was $83-$85 millions. Costs per influenza illness represented 14% of the monthly household income of the lowest income quartile (compared to 3% of the highest quartile). Influenza virus infection causes an important economic burden, particularly among the poorest families and those hospitalized. Prevention strategies such as annual influenza vaccination program targeting SAGE population at risk could reduce the overall economic impact of seasonal influenza. © 2015 The Authors. Influenza and Other Respiratory Viruses Published by John Wiley & Sons Ltd.

  11. Life cycle assessment of biochar systems: estimating the energetic, economic, and climate change potential.

    Science.gov (United States)

    Roberts, Kelli G; Gloy, Brent A; Joseph, Stephen; Scott, Norman R; Lehmann, Johannes

    2010-01-15

    Biomass pyrolysis with biochar returned to soil is a possible strategy for climate change mitigation and reducing fossil fuel consumption. Pyrolysis with biochar applied to soils results in four coproducts: long-term carbon (C) sequestration from stable C in the biochar, renewable energy generation, biochar as a soil amendment, and biomass waste management. Life cycle assessment was used to estimate the energy and climate change impacts and the economics of biochar systems. The feedstocks analyzed represent agricultural residues (corn stover), yard waste, and switchgrass energy crops. The net energy of the system is greatest with switchgrass (4899 MJ t(-1) dry feedstock). The net greenhouse gas (GHG) emissions for both stover and yard waste are negative, at -864 and -885 kg CO(2) equivalent (CO(2)e) emissions reductions per tonne dry feedstock, respectively. Of these total reductions, 62-66% are realized from C sequestration in the biochar. The switchgrass biochar-pyrolysis system can be a net GHG emitter (+36 kg CO(2)e t(-1) dry feedstock), depending on the accounting method for indirect land-use change impacts. The economic viability of the pyrolysis-biochar system is largely dependent on the costs of feedstock production, pyrolysis, and the value of C offsets. Biomass sources that have a need for waste management such as yard waste have the highest potential for economic profitability (+$69 t(-1) dry feedstock when CO(2)e emission reductions are valued at $80 t(-1) CO(2)e). The transportation distance for feedstock creates a significant hurdle to the economic profitability of biochar-pyrolysis systems. Biochar may at present only deliver climate change mitigation benefits and be financially viable as a distributed system using waste biomass.

  12. Novel Geometrical Concept of a High Performance Brain PET Scanner Principle, Design and Performance Estimates

    CERN Document Server

    Séguinot, Jacques; Chesi, Enrico Guido; Joram, C; Mathot, S; Weilhammer, P; Chamizo-Llatas, M; Correia, J G; Ribeiro da Silva, M; Garibaldi, F; De Leo, R; Nappi, E; Corsi, F; Dragone, A; Schoenahl, F; Zaidi, H

    2006-01-01

    We present the principle, a possible implementation and performance estimates of a novel geometrical concept for a high resolution positron emission tomograph. The concept, which can for example be implemented in a brain PET device, promisses to lead to an essentially parallax free 3D image reconstruction with excellent spatial resolution and constrast, uniform over the complete field of view. The key components are matrices of long axially oriented scintillator crystals which are read out at both extremities by segmented Hybrid Photon Detectors. We discuss the relevant design considerations for a 3D axial PET camera module, motivate parameter and material choices, and estimate its performance in terms of spatial and energy resolution. We support these estimates by Monte Carlo simulations and in some cases by first experimental results. From the performance of a camera module, we extrapolate to the reconstruction resolution of a 3D axial PET scanner in a semi-analytical way and compare it to an existing state...

  13. [Performance of self-help groups and their economic evaluation].

    Science.gov (United States)

    Engelhardt, H D; Trojan, A; Nickel, S

    2009-01-01

    Hoffmann von Fallersleben is quoted with the sentence "Self-help is worthwhile, because it does not demand anything from others". This sounds catchy; it is, however, wrong: Self-help groups ask for support, particularly for financial resources for the work of either individual, highly organized self-help associations or for general support of self-help groups via local contact and information centers ("contact points for self-help groups"). With this request for economic "investments" in self-help, the question arises whether this is profitable for the country, the local authority or the social health insurance. In principle, the initial answer to this is: yes, the work of self-help groups is worthwhile for a single person, but also for the larger community, as various kinds of services are provided by self-help groups and organizations. Despite many surveys of members or co-operation partners which show positive effects of self-help groups, the question remains whether services of self-help groups can be measured and economically evaluated. The socio- political question regarding funding is closely connected to the idea of an economic evaluation of self-help groups. The aim of this article is to summarize and discuss which empiric approaches and findings are available on this subject. The monetary value for the work done per member of self-help groups and year lies between approximately 700 and 900 EUR.

  14. Chlamydia sequelae cost estimates used in current economic evaluations: does one-size-fit-all?

    Science.gov (United States)

    Ong, Koh Jun; Soldan, Kate; Jit, Mark; Dunbar, J Kevin; Woodhall, Sarah C

    2017-02-01

    Current evidence suggests that chlamydia screening programmes can be cost-effective, conditional on assumptions within mathematical models. We explored differences in cost estimates used in published economic evaluations of chlamydia screening from seven countries (four papers each from UK and the Netherlands, two each from Sweden and Australia, and one each from Ireland, Canada and Denmark). From these studies, we extracted management cost estimates for seven major chlamydia sequelae. In order to compare the influence of different sequelae considered in each paper and their corresponding management costs on the total cost per case of untreated chlamydia, we applied reported unit sequelae management costs considered in each paper to a set of untreated infection to sequela progression probabilities. All costs were adjusted to 2013/2014 Great British Pound (GBP) values. Sequelae management costs ranged from £171 to £3635 (pelvic inflammatory disease); £953 to £3615 (ectopic pregnancy); £546 to £6752 (tubal factor infertility); £159 to £3341 (chronic pelvic pain); £22 to £1008 (epididymitis); £11 to £1459 (neonatal conjunctivitis) and £433 to £3992 (neonatal pneumonia). Total cost of sequelae per case of untreated chlamydia ranged from £37 to £412. There was substantial variation in cost per case of chlamydia sequelae used in published chlamydia screening economic evaluations, which likely arose from different assumptions about disease management pathways and the country perspectives taken. In light of this, when interpreting these studies, the reader should be satisfied that the cost estimates used sufficiently reflect the perspective taken and current disease management for their respective context. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

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

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2005-04-15

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

  16. Growth Performance and Initial Heritability Estimates for Growth Traits in Juvenile Sea Urchin Tripneustes gratilla

    Directory of Open Access Journals (Sweden)

    Ma. Josefa Pante

    2007-06-01

    Full Text Available Genetic improvement of performance traits of maricultured species is becoming an important concern. Improvement of performance traits is important for two reasons: it enhances the growth and survival of the animals and it translates to economic gains to the fish farmer. In the sea urchin, Tripneustes gratilla, growth performance of the different families and heritabilities for wet weight, test diameter and test height were estimated from 1,020 offspring from a mating of each of the 15 males with 1 or 2 females. Measurements were done monthly starting at the grow-out stage or four months after hatching. There were significant family differences for the performance traits in sea urchin reared in tanks at the BML hatchery as revealed by ANOVA. Estimates of heritabilities based on the sire component of variance were low for wet weight (0.027, test diameter (0.033 and zero for test height. Heritabilities estimated from the dam component of variance were low for wet weight (0.063, moderate for test diameter (0.286 and test height (0.227. The results indicate that test diameter and wet weight have lowly heritable traits, which means that mass or individual selection may not be the best method for improving the traits for sea urchin populations in Bolinao. Other methods such as family and combined family selection should be explored.

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

    OpenAIRE

    Roshaiza Taha; Nanthakumar Loganathan

    2014-01-01

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

  18. The economics of tobacco in Lebanon: an estimation of the social costs of tobacco consumption.

    Science.gov (United States)

    Salti, Nisreen; Chaaban, Jad; Naamani, Nadia

    2014-05-01

    Assess the socioeconomic costs of smoking in Lebanon and understand the tobacco market and identify the winners and losers from the Lebanese tobacco trade. We take a close look at the market for tobacco and related markets to identify the main stakeholders and estimate the direct costs and benefits of tobacco. We also estimate lower bounds for the costs of tobacco, in terms of lost productivity, the cost of medical treatment, lost production due to premature death, and environmental damage. The paucity of data means our cost estimates are conservative lower bounds and we explicitly list the effects that we are unable to include. We identify the main actors in the tobacco trade: the Régie (the state-owned monopoly which regulates the tobacco trade), tobacco farmers, international tobacco companies, local distributors, retailers, consumers, and advertising firms. We identify as proximate actors the Ministries of Finance and Health, employers, and patients of smoking-related illnesses. In 2008, tobacco trade in Lebanon led to a total social cost of $326.7 million (1.1% of GDP). Low price tags on imported cigarettes not only increase smoking prevalence, but they also result in a net economic loss. Lebanese policymakers should consider the overall deficit from tobacco trade and implement the guidelines presented in the Framework Convention on Tobacco Control to at once increase government revenue and reduce government outlays, and save the labor market and the environment substantial costs.

  19. Flash memories economic principles of performance, cost and reliability optimization

    CERN Document Server

    Richter, Detlev

    2014-01-01

    The subject of this book is to introduce a model-based quantitative performance indicator methodology applicable for performance, cost and reliability optimization of non-volatile memories. The complex example of flash memories is used to introduce and apply the methodology. It has been developed by the author based on an industrial 2-bit to 4-bit per cell flash development project. For the first time, design and cost aspects of 3D integration of flash memory are treated in this book. Cell, array, performance and reliability effects of flash memories are introduced and analyzed. Key performance parameters are derived to handle the flash complexity. A performance and array memory model is developed and a set of performance indicators characterizing architecture, cost and durability is defined.   Flash memories are selected to apply the Performance Indicator Methodology to quantify design and technology innovation. A graphical representation based on trend lines is introduced to support a requirement based pr...

  20. State Estimation for Landing Maneuver on High Performance Aircraft

    Science.gov (United States)

    Suresh, P. S.; Sura, Niranjan K.; Shankar, K.

    2018-01-01

    State estimation methods are popular means for validating aerodynamic database on aircraft flight maneuver performance characteristics. In this work, the state estimation method during landing maneuver is explored for the first of its kind, using upper diagonal adaptive extended Kalman filter (UD-AEKF) with fuzzy based adaptive tunning of process noise matrix. The mathematical model for symmetrical landing maneuver consists of non-linear flight mechanics equation representing Aircraft longitudinal dynamics. The UD-AEKF algorithm is implemented in MATLAB environment and the states with bias is considered to be the initial conditions just prior to the flare. The measurement data is obtained from a non-linear 6 DOF pilot in loop simulation using FORTRAN. These simulated measurement data is additively mixed with process and measurement noises, which are used as an input for UD-AEKF. Then, the governing states that dictate the landing loads at the instant of touch down are compared. The method is verified using flight data wherein, the vertical acceleration at the aircraft center of gravity (CG) is compared. Two possible outcome of purely relying on the aircraft measured data is highlighted. It is observed that, with the implementation of adaptive fuzzy logic based extended Kalman filter tuned to adapt for aircraft landing dynamics, the methodology improves the data quality of the states that are sourced from noisy measurements.

  1. The Performance Estimation of PHTS Pump of DSFR

    International Nuclear Information System (INIS)

    Cho, Chungho; Han, Ji-Woong; Kim, Jong-Man; Cho, Youngil; Jung, Min-Hwan; Gam, Da-Young; Lee, Yong-bum; Jeong, Ji-Young

    2015-01-01

    In order to estimate the hydraulic behavior of the PHTS pump in sodium environment, model tests were conducted in water experimental facility by SAMJIN Industrial Co. before model tests using the STELLA-1 with sodium environment in 2015. STELLA-1 (Sodium inTegral Effect test Loop for safety simuLation and Assessment) is a large-scale separate effect test facility for demonstrating the thermal-hydraulic performances of major components such as a Sodium-to-Sodium heat exchanger (DHX), Sodium-to-Air heat exchanger (AHX) of the decay heat removal system, and mechanical sodium pump of the primary heat transport system (PHTS), which are important to ensure the safety of the sodium-cooled fast reactor (SFR). When the model and the prototype have the same the flow coefficient, to maintaining the dynamic similarity both model and prototype the non-dimensional coefficients to be simulated are head coefficient and power coefficient

  2. Separation and estimation of lanthanides using high performance liquid chromatography

    International Nuclear Information System (INIS)

    Datta, Arpita; Sivaraman, N.; Vasudeva Rao, P.R.

    2012-01-01

    The separation efficiency of individual lanthanides depends on the stability constant of the metal-ligand complex. Therefore, stability constant data of lanthanide complexes is important in the development of high performance separation procedures. The dynamic ion exchange HPLC technique was employed at our laboratory to estimate the stability constant of lanthanides with various complexing agents. In these studies, the retention times as well as capacity factors of lanthanides and some actinides were measured as a function of CSA, complexing agent concentrations and mobile phase pH. From these studies, a correlation has been established between capacity factor of a metal ion, concentrations of ion-pairing reagent and complexing agent with the stability constant of lanthanide complex

  3. FASTSim: A Model to Estimate Vehicle Efficiency, Cost and Performance

    Energy Technology Data Exchange (ETDEWEB)

    Brooker, A.; Gonder, J.; Wang, L.; Wood, E.; Lopp, S.; Ramroth, L.

    2015-05-04

    The Future Automotive Systems Technology Simulator (FASTSim) is a high-level advanced vehicle powertrain systems analysis tool supported by the U.S. Department of Energy’s Vehicle Technologies Office. FASTSim provides a quick and simple approach to compare powertrains and estimate the impact of technology improvements on light- and heavy-duty vehicle efficiency, performance, cost, and battery batches of real-world drive cycles. FASTSim’s calculation framework and balance among detail, accuracy, and speed enable it to simulate thousands of driven miles in minutes. The key components and vehicle outputs have been validated by comparing the model outputs to test data for many different vehicles to provide confidence in the results. A graphical user interface makes FASTSim easy and efficient to use. FASTSim is freely available for download from the National Renewable Energy Laboratory’s website (see www.nrel.gov/fastsim).

  4. Performances of some estimators of linear model with ...

    African Journals Online (AJOL)

    The estimators are compared by examing the finite properties of estimators namely; sum of biases, sum of absolute biases, sum of variances and sum of the mean squared error of the estimated parameter of the model. Results show that when the autocorrelation level is small (ρ=0.4), the MLGD estimator is best except when ...

  5. The relationship between animal welfare and economic performance at farm level

    DEFF Research Database (Denmark)

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

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

  6. A Control Variate Method for Probabilistic Performance Assessment. Improved Estimates for Mean Performance Quantities of Interest

    Energy Technology Data Exchange (ETDEWEB)

    MacKinnon, Robert J.; Kuhlman, Kristopher L

    2016-05-01

    We present a method of control variates for calculating improved estimates for mean performance quantities of interest, E(PQI) , computed from Monte Carlo probabilistic simulations. An example of a PQI is the concentration of a contaminant at a particular location in a problem domain computed from simulations of transport in porous media. To simplify the presentation, the method is described in the setting of a one- dimensional elliptical model problem involving a single uncertain parameter represented by a probability distribution. The approach can be easily implemented for more complex problems involving multiple uncertain parameters and in particular for application to probabilistic performance assessment of deep geologic nuclear waste repository systems. Numerical results indicate the method can produce estimates of E(PQI)having superior accuracy on coarser meshes and reduce the required number of simulations needed to achieve an acceptable estimate.

  7. A method for estimating the local area economic damages of Superfund waste sites

    International Nuclear Information System (INIS)

    Walker, D.R.

    1992-01-01

    National Priority List (NPL) sites, or more commonly called Superfund sites, are hazardous waste sites (HWS) deemed by the Environmental Protection Agency (EPA) to impose the greatest risks to human health or welfare or to the environment. HWS are placed and ranked for cleanup on the NPL based on a score derived from the Hazard Ranking System (HRS), which is a scientific assessment of the health and environmental risks posed by HWS. A concern of the HRS is that the rank of sites is not based on benefit-cost analysis. The main objective of this dissertation is to develop a method for estimating the local area economic damages associated with Superfund waste sites. Secondarily, the model is used to derive county-level damage estimates for use in ranking the county level damages from Superfund sites. The conceptual model used to describe the damages associated with Superfund sites is a household-firm location decision model. In this model assumes that households and firms make their location choice based on the local level of wages, rents and amenities. The model was empirically implemented using 1980 census microdata on households and workers in 253 counties across the US. The household sample includes data on the value and structural characteristics of homes. The worker sample includes the annual earnings of workers and a vector worker attributes. The microdata was combined with county level amenity data, including the number of Superfund sites. The hedonic pricing technique was used to estimate the effect of Superfund sites on average annual wages per household and on monthly expenditures on housing. The results show that Superfund sites impose statistically significant damages on households. The annual county damages from Superfund sites for a sample of 151 counties was over 14 billion dollars. The ranking of counties using the damage estimates is correlated with the rank of counties using the HRS

  8. Social and economic factors of the natural risk increasing: estimation of the Russian regions

    Directory of Open Access Journals (Sweden)

    E. Petrova

    2004-01-01

    Full Text Available This study is an attempt to assess quantitatively social and economic factors that determine vulnerability of Russian regions to natural risk, to trace the space differences of the considered factors, and to group the regions by their similarity. In order to indicate the regional differences in social and economic development, equipment condition, dangerous substances accumulation, and social trouble four the most suitable parameters were estimated, including the per capita production of Gross Regional Product (GRP, capital consumption, volume of total toxic waste, and crime rate. Increase of the first parameter causes vulnerability reducing, the increase of the last three causes its increasing. Using multidimensional cluster analysis five types of regions were found for Russia according to similarity of the considered parameters. These types are characterized with higher value of a single (rarely two chosen parameter, which seems to be sufficient enough to affect natural risks increasing in these regions in near future. Only few regions belonging to the fifth type proved to have rather high value of GRP and relatively low values of the other parameters. The negative correlation was found between a number of natural disasters (ND and the per capita GRP in case when some parameters reached anomalously high value. The distinctions between regions by prevailing different parameters, which result in natural risk increasing, help risk management to find directions where to focus on.

  9. Estimation of CO2 Transport Costs in South Korea Using a Techno-Economic Model

    Directory of Open Access Journals (Sweden)

    Kwangu Kang

    2015-03-01

    Full Text Available In this study, a techno–economic model was used to calculate the costs of CO2 transport and specify the major equipment required for transport in order to demonstrate and implement CO2 sequestration in the offshore sediments of South Korea. First, three different carbon capture and storage demonstration scenarios were set up involving the use of three CO2 capture plants and one offshore storage site. Each transport scenario considered both the pipeline transport and ship transport options. The temperature and pressure conditions of CO2 in each transport stage were determined from engineering and economic viewpoints, and the corresponding specifications and equipment costs were calculated. The transport costs for a 1 MtCO2/year transport rate were estimated to be US$33/tCO2 and US$28/tCO2 for a pipeline transport of ~530 km and ship transport of ~724 km, respectively. Through the economies of scale effect, the pipeline and ship transport costs for a transport rate of 3 MtCO2/year were reduced to approximately US$21/tCO2 and US$23/tCO2, respectively. A CO2 hub terminal did not significantly reduce the cost because of the short distance from the hub to the storage site and the small number of captured sources.

  10. Learning Styles and Student Performance in Introductory Economics

    Science.gov (United States)

    Brunton, Bruce

    2015-01-01

    Data from nine introductory microeconomics classes was used to test the effect of student learning style on academic performance. The Kolb Learning Style Inventory was used to assess individual student learning styles. The results indicate that student learning style has no significant effect on performance, undermining the claims of those who…

  11. HUMAN RESOURCES MOTIVATION - A CHALLENGE FOR SMES ECONOMIC PERFORMANCES

    Directory of Open Access Journals (Sweden)

    POPESCU Dan

    2011-12-01

    Full Text Available The present research aims to establish and configurate human resources development strategies for the employees of small and medium-sized enterprises (SMEs that activate in the tourism field of activity (hotels and other accomodation establishments, restaurants, passenger trasnport, travel agencies, cultural turism agencies. As knowledge role in the contemporany economy is increasing and defining the economical and social context as knowledge-based ones, we shall consider the research frame as the knowledge-based economy. Moreover, in order to better highlight weaknesses and strenghts of the human resources management approaches and to define recommendations, our research theme is developped as comparative study: similarities and differences within SMEs human resources management practices in Romania and other European Union's country members (the example of Spain was considered.

  12. Actual performance and economic feasibility of residential solar water heaters

    International Nuclear Information System (INIS)

    Anhalt, J.

    1987-01-01

    Four residential solar water heaters currently available on the Brazilian market have been evaluated to their possible use for substituting the common electric shower head. The tests were carried out with the solar systems mounted side by side on an artificial roof. The hot water demand was simulated following a consumer profile which represents a Brazilian family with an income of seven minimum salaries. The data, which was collected automatically and presented in the form of graphs and tables, shows that an optimized solar water heater could save as much as 65% of the energy demand for residential water heating in the state of Sao Paulo. An economical study concludes that the installation and maintenance of such a solar system is feasible if long term financing is available. (author)

  13. Essays on parametric and nonparametric modeling and estimation with applications to energy economics

    Science.gov (United States)

    Gao, Weiyu

    My dissertation research is composed of two parts: a theoretical part on semiparametric efficient estimation and an applied part in energy economics under different dynamic settings. The essays are related in terms of their applications as well as the way in which models are constructed and estimated. In the first essay, efficient estimation of the partially linear model is studied. We work out the efficient score functions and efficiency bounds under four stochastic restrictions---independence, conditional symmetry, conditional zero mean, and partially conditional zero mean. A feasible efficient estimation method for the linear part of the model is developed based on the efficient score. A battery of specification test that allows for choosing between the alternative assumptions is provided. A Monte Carlo simulation is also conducted. The second essay presents a dynamic optimization model for a stylized oilfield resembling the largest developed light oil field in Saudi Arabia, Ghawar. We use data from different sources to estimate the oil production cost function and the revenue function. We pay particular attention to the dynamic aspect of the oil production by employing petroleum-engineering software to simulate the interaction between control variables and reservoir state variables. Optimal solutions are studied under different scenarios to account for the possible changes in the exogenous variables and the uncertainty about the forecasts. The third essay examines the effect of oil price volatility on the level of innovation displayed by the U.S. economy. A measure of innovation is calculated by decomposing an output-based Malmquist index. We also construct a nonparametric measure for oil price volatility. Technical change and oil price volatility are then placed in a VAR system with oil price and a variable indicative of monetary policy. The system is estimated and analyzed for significant relationships. We find that oil price volatility displays a significant

  14. Performance Estimation for Two-Dimensional Brownian Rotary Ratchet Systems

    Science.gov (United States)

    Tutu, Hiroki; Horita, Takehiko; Ouchi, Katsuya

    2015-04-01

    Within the context of the Brownian ratchet model, a molecular rotary system that can perform unidirectional rotations induced by linearly polarized ac fields and produce positive work under loads was studied. The model is based on the Langevin equation for a particle in a two-dimensional (2D) three-tooth ratchet potential of threefold symmetry. The performance of the system is characterized by the coercive torque, i.e., the strength of the load competing with the torque induced by the ac driving field, and the energy efficiency in force conversion from the driving field to the torque. We propose a master equation for coarse-grained states, which takes into account the boundary motion between states, and develop a kinetic description to estimate the mean angular momentum (MAM) and powers relevant to the energy balance equation. The framework of analysis incorporates several 2D characteristics and is applicable to a wide class of models of smooth 2D ratchet potential. We confirm that the obtained expressions for MAM, power, and efficiency of the model can enable us to predict qualitative behaviors. We also discuss the usefulness of the torque/power relationship for experimental analyses, and propose a characteristic for 2D ratchet systems.

  15. Artificial Intelligence as Structural Estimation: Economic Interpretations of Deep Blue, Bonanza, and AlphaGo

    OpenAIRE

    Igami, Mitsuru

    2017-01-01

    Artificial intelligence (AI) has achieved superhuman performance in a growing number of tasks, but understanding and explaining AI remain challenging. This paper clarifies the connections between machine-learning algorithms to develop AIs and the econometrics of dynamic structural models through the case studies of three famous game AIs. Chess-playing Deep Blue is a calibrated value function, whereas shogi-playing Bonanza is an estimated value function via Rust's (1987) nested fixed-point met...

  16. Economic analysis of the structure, Integration and Performance of ...

    African Journals Online (AJOL)

    The data for the study were collected with the aid of a questionnaire. Statistical tools such as simple descriptive statistics, Gini coefficient, Shepherd-Futrel functional ... Key words: Rice; Market structure; Market integration and Performance.

  17. Lungworm outbreaks in adult dairy cows: estimating economic losses and lessons to be learned.

    Science.gov (United States)

    Holzhauer, M; van Schaik, G; Saatkamp, H W; Ploeger, H W

    2011-11-05

    Two lungworm outbreaks in dairy herds were investigated in order to estimate the resulting economic costs. On the two farms, with 110 and 95 cows, total costs were estimated at €159 and €167 per cow, respectively. Overall, milk production reduced by 15 to 20 per cent during the outbreaks. Five cows died on one farm, while on the other farm seven cows died as a result of the lungworm outbreak. On one farm, 51.7 per cent of the total costs was due to reduced milk production and 33.1 per cent was due to disposal of dead animals. On the other farm, it was 36.3 and 50.9 per cent, respectively. The remaining 13 to 15 per cent of the total costs were due to extra inseminations, laboratory diagnosis and treatments. The history and development of the outbreaks are described. One lesson from these outbreaks is that recognising that potentially lungworm-naïve animals are to be introduced into the adult herd allows for timely measures (for example, vaccination) to prevent a lungworm outbreak.

  18. A preliminary estimate of the economic impact of the energy amplifier

    CERN Document Server

    Fernández, R; Rubbia, Carlo; Rubio, Juan Antonio

    1996-01-01

    The basic concept and the applicability of the Energy Amplifier (EA) have been exhaustively described elsewhere (Refs. [1] to [4]). The EA is essentially a source of high quality heat, produced by the nuclear cascades induced by a high intensity proton beam inside an appropriate ³beam dump² arrangement. A fraction of such ³heat² has to be transformed into electricity to run the accelerator, the rest being available for a number of different industrial applications, and in particular commercial electricity production. In this paper the economic aspects are further explored and we attempt a first order estimate of the cost of such an energy source, comparing it critically with more conventional sources. In this task we have been greatly helped by a number of people2) who have specific competence in the industrial aspects of the application. We conclude that in agreement to our previous estimates, the practical cost of high quality heat is about US /GJ, namely and times lower than the one of Coal and Natural...

  19. Economics.

    Science.gov (United States)

    Palley, Paul D; Parcero, Miriam E

    2016-10-01

    A review of literature in the calendar year 2015 dedicated to environmental policies and sustainable development, and economic policies. This review is divided into these sections: sustainable development, irrigation, ecosystems and water management, climate change and disaster risk management, economic growth, water supply policies, water consumption, water price regulation, and water price valuation.

  20. A comparative study of the performances of some estimators of ...

    African Journals Online (AJOL)

    These estimators are compared using the finite properties of estimators' criteria namely; sum of biases, sum of variances and sum of the mean squared error of the estimated parameter of the model at different levels of autocorrelation and sample size through Monte – Carlo studies. Results show that at each level of ...

  1. [Estimation of economic costs for the care of patients with nosocomial pneumonia in a regional peruvian hospital, 2009-2011].

    Science.gov (United States)

    Dámaso-Mata, Bernardo; Chirinos-Cáceres, Jesús; Menacho-Villafuerte, Luz

    2016-06-01

    To estimate and compare the economic costs for the care of patients with and without nosocomial pneumonia at Hospital II Huánuco EsSalud during 2009-2011, in Peru. This was a partial economic evaluation of paired cases and controls. A collection sheet was used. nosocomial pneumonia. direct health costs, direct non-health costs, indirect costs, occupation, age, comorbidities, sex, origin, and education level. A bivariate analysis was performed. Forty pairs of cases and controls were identified. These patients were hospitalized for >2 weeks and prescribed more than two antibiotics. The associated direct health costs included those for hospitalization, antibiotics, auxiliary examinations, specialized assessments, and other medications. The direct non-health costs and associated indirect costs included those for transportation, food, housing, foregone payroll revenue, foregone professional fee revenue, extra-institutional expenses, and payment to caregivers during hospitalization and by telephone. The direct health costs for nosocomial pneumonia patients were more than three times and the indirect costs were more than two times higher than those for the controls. Variables with the greatest impact on costs were identified.

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

    Directory of Open Access Journals (Sweden)

    Edom de Avila Fabricio

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

  3. Replenishment of system spares for improved economic performance

    International Nuclear Information System (INIS)

    McVay, J.L.; Gray, G.

    1990-01-01

    The nuclear industry continues to be faced with increasing external pressures that contribute to escalating production costs. In the past, regulatory and political pressures have been the chief sources for the authors concern. Today, however, the economic aspects for power generation may present an equal or an even greater challenge to the industry's stability. For nuclear utilities to survive and prosper, they must become more cost conscious and competitive. This challenge becomes even more important when one considers the growing number of cogeneration facilities, new independent power producers, and neighboring utilities all competing for the customer on a cost basis. This paper addresses opportunities created by the development of recent industry guidelines addressing engineering analysis techniques to be used during replenishment of system spares and components. This activity, while it has not been traditionally thought of as an engineering activity, can contribute significantly to the reduction of operation and maintenance (O and M) costs for plant systems and will help nuclear utilities to aggressively battle the rising issue of cost control

  4. Economic performance of water storage capacity expansion for food security

    Science.gov (United States)

    Gohar, Abdelaziz A.; Ward, Frank A.; Amer, Saud A.

    2013-03-01

    SummaryContinued climate variability, population growth, and rising food prices present ongoing challenges for achieving food and water security in poor countries that lack adequate water infrastructure. Undeveloped storage infrastructure presents a special challenge in northern Afghanistan, where food security is undermined by highly variable water supplies, inefficient water allocation rules, and a damaged irrigation system due three decades of war and conflict. Little peer-reviewed research to date has analyzed the economic benefits of water storage capacity expansions as a mechanism to sustain food security over long periods of variable climate and growing food demands needed to feed growing populations. This paper develops and applies an integrated water resources management framework that analyzes impacts of storage capacity expansions for sustaining farm income and food security in the face of highly fluctuating water supplies. Findings illustrate that in Afghanistan's Balkh Basin, total farm income and food security from crop irrigation increase, but at a declining rate as water storage capacity increases from zero to an amount equal to six times the basin's long term water supply. Total farm income increases by 21%, 41%, and 42% for small, medium, and large reservoir capacity, respectively, compared to the existing irrigation system unassisted by reservoir storage capacity. Results provide a framework to target water infrastructure investments that improve food security for river basins in the world's dry regions with low existing storage capacity that face ongoing climate variability and increased demands for food security for growing populations.

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

    Science.gov (United States)

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

    2017-06-01

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

  6. Management of intellectual capital and its influence on personnel economic performance

    Directory of Open Access Journals (Sweden)

    mahmoud Gholami Karin

    2016-02-01

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

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

    OpenAIRE

    Ildırar, Mustafa; Iscan, Erhan

    2015-01-01

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

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

    OpenAIRE

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

    2018-01-01

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

  9. PERFORMANCE MANAGEMENT APPROACHES IN ECONOMIC ORGANIZATIONS USING INFORMATION TECHNOLOGY

    Directory of Open Access Journals (Sweden)

    Anca Mehedintu

    2012-03-01

    Full Text Available Performance management includes activities that ensure that goals are consistently being met inan effective and efficient manner. Performance management can focus on the performance of an organization, adepartment, employee, or even the processes to build a product or service, as well as many other areas.In these days of globalization and intensive use of information technology, the organizations must defineand implement an appropriate strategy that would support their medium-term development, stability andcompetitiveness. This is achieved through a coherent and interrelated set of activities for understanding thecustomer expectations and the level at which the offer of organization add value to customers and satisfy theirneeds, define their internal organization to allow timely response to market demands without losing focus on client,tracking strategy and business model for the accomplishment of the organization mission, aligning the existing ITproject management or under development implementation in organization with the strategic management oforganization etc. Strategic Management determines the improvement of processes, effective use of resources, focuson critical areas in terms of finance, creating opportunities for innovation and technological progress, improvementof the supply mechanism and the duty to promote personal interaction and negotiation at all levels, continuousassessment of organization and its technological trends, analyze the market potential and competence field etc.Strategic management system will not give good results if the strategy is not defined by a set of operationalobjectives clearly at all levels.Business performance is based on a set of analytical processes of business, supported by informationtechnology that defines the strategic goals that can be measured by performance indicators. EnterprisePerformance Management creates a powerful and precise environment, characterized by data consistency,efficiency analysis

  10. Economic Estimation of the Losses Caused by Surface Water Pollution Accidents in China From the Perspective of Water Bodies’ Functions

    Directory of Open Access Journals (Sweden)

    Hong Yao

    2016-01-01

    Full Text Available The number of surface water pollution accidents (abbreviated as SWPAs has increased substantially in China in recent years. Estimation of economic losses due to SWPAs has been one of the focuses in China and is mentioned many times in the Environmental Protection Law of China promulgated in 2014. From the perspective of water bodies’ functions, pollution accident damages can be divided into eight types: damage to human health, water supply suspension, fishery, recreational functions, biological diversity, environmental property loss, the accident’s origin and other indirect losses. In the valuation of damage to people’s life, the procedure for compensation of traffic accidents in China was used. The functional replacement cost method was used in economic estimation of the losses due to water supply suspension and loss of water’s recreational functions. Damage to biological diversity was estimated by recovery cost analysis and damage to environmental property losses were calculated using pollutant removal costs. As a case study, using the proposed calculation procedure the economic losses caused by the major Songhuajiang River pollution accident that happened in China in 2005 have been estimated at 2263 billion CNY. The estimated economic losses for real accidents can sometimes be influenced by social and political factors, such as data authenticity and accuracy. Besides, one or more aspects in the method might be overestimated, underrated or even ignored. The proposed procedure may be used by decision makers for the economic estimation of losses in SWPAs. Estimates of the economic losses of pollution accidents could help quantify potential costs associated with increased risk sources along lakes/rivers but more importantly, highlight the value of clean water to society as a whole.

  11. Economic Estimation of the Losses Caused by Surface Water Pollution Accidents in China From the Perspective of Water Bodies’ Functions

    Science.gov (United States)

    Yao, Hong; You, Zhen; Liu, Bo

    2016-01-01

    The number of surface water pollution accidents (abbreviated as SWPAs) has increased substantially in China in recent years. Estimation of economic losses due to SWPAs has been one of the focuses in China and is mentioned many times in the Environmental Protection Law of China promulgated in 2014. From the perspective of water bodies’ functions, pollution accident damages can be divided into eight types: damage to human health, water supply suspension, fishery, recreational functions, biological diversity, environmental property loss, the accident’s origin and other indirect losses. In the valuation of damage to people’s life, the procedure for compensation of traffic accidents in China was used. The functional replacement cost method was used in economic estimation of the losses due to water supply suspension and loss of water’s recreational functions. Damage to biological diversity was estimated by recovery cost analysis and damage to environmental property losses were calculated using pollutant removal costs. As a case study, using the proposed calculation procedure the economic losses caused by the major Songhuajiang River pollution accident that happened in China in 2005 have been estimated at 2263 billion CNY. The estimated economic losses for real accidents can sometimes be influenced by social and political factors, such as data authenticity and accuracy. Besides, one or more aspects in the method might be overestimated, underrated or even ignored. The proposed procedure may be used by decision makers for the economic estimation of losses in SWPAs. Estimates of the economic losses of pollution accidents could help quantify potential costs associated with increased risk sources along lakes/rivers but more importantly, highlight the value of clean water to society as a whole. PMID:26805869

  12. Economic Estimation of the Losses Caused by Surface Water Pollution Accidents in China From the Perspective of Water Bodies' Functions.

    Science.gov (United States)

    Yao, Hong; You, Zhen; Liu, Bo

    2016-01-22

    The number of surface water pollution accidents (abbreviated as SWPAs) has increased substantially in China in recent years. Estimation of economic losses due to SWPAs has been one of the focuses in China and is mentioned many times in the Environmental Protection Law of China promulgated in 2014. From the perspective of water bodies' functions, pollution accident damages can be divided into eight types: damage to human health, water supply suspension, fishery, recreational functions, biological diversity, environmental property loss, the accident's origin and other indirect losses. In the valuation of damage to people's life, the procedure for compensation of traffic accidents in China was used. The functional replacement cost method was used in economic estimation of the losses due to water supply suspension and loss of water's recreational functions. Damage to biological diversity was estimated by recovery cost analysis and damage to environmental property losses were calculated using pollutant removal costs. As a case study, using the proposed calculation procedure the economic losses caused by the major Songhuajiang River pollution accident that happened in China in 2005 have been estimated at 2263 billion CNY. The estimated economic losses for real accidents can sometimes be influenced by social and political factors, such as data authenticity and accuracy. Besides, one or more aspects in the method might be overestimated, underrated or even ignored. The proposed procedure may be used by decision makers for the economic estimation of losses in SWPAs. Estimates of the economic losses of pollution accidents could help quantify potential costs associated with increased risk sources along lakes/rivers but more importantly, highlight the value of clean water to society as a whole.

  13. Growth performance and economics of sheep production with ...

    African Journals Online (AJOL)

    A twelve-week feeding trial was conducted using sixteen (16) growing Uda lambs to determine the growth performance of sheep fed varying levels of rice milling waste. Diets containing graded levels of rice milling waste replacing wheat offal at 15, 30 and 45% inclusion levels were formulated. Diet without rice milling waste ...

  14. Strategic Factor Markets Scale Free Resources and Economic Performance

    DEFF Research Database (Denmark)

    Geisler Asmussen, Christian

    2015-01-01

    This paper analyzes how scale free resources, which can be acquired by multiple firms simultaneously and deployed against one another in product market competition, will be priced in strategic factor markets, and what the consequences are for the acquiring firms' performance. Based on a game-theo...

  15. Caste dominance and economic performance in rural India

    NARCIS (Netherlands)

    Kalwij, Adriaan; Iversen, Vegard; Verschoor, Arjan; Dubey, Amaresh

    2014-01-01

    Using household panel data for rural India covering 1993–94 and 2004–5, we test whether scheduled castes (SCs) and other minority groups perform better or worse in terms of income when resident in villages dominated by (i) upper castes or (ii) their own group. Theoretically, upper-caste dominance

  16. Third Ethiopia Economic Update : Strengthening Export Performance through Improved Competitiveness

    OpenAIRE

    World Bank Group

    2014-01-01

    Rising exports contributed to Ethiopia’s remarkable growth performance over the past decade. Buoyed by favorable external conditions, exports also helped create jobs and earn much-needed foreign exchange. The way Ethiopia created and nurtured a high-value horticulture industry and expanded its air services exports was an encouraging example of “self-discovery.”

  17. Alberta's economic performance and outlook

    Energy Technology Data Exchange (ETDEWEB)

    Pyear, D. [Government of Alberta, Edmonton, AB (Canada). Economic Development

    2000-07-01

    The economic climate in Alberta is characterized as being strong and vibrant, with an efficient and modern infrastructure, a young, skilled and productive workforce, a competitive business climate, the lowest overall taxes of any of the provinces, a culturally diverse province with a high quality of life and a fiscally responsible government. All of these attributes add up to the 'Alberta Advantage', the campaign slogan used by the Alberta Government to attract business to the province. Economic highlights from 1999 show that Alberta was the fastest growing province in the country, with 38,000 new jobs created, exports of $34.5 billion, the lowest unemployment rate in the country, and leading all provinces in per capita investment. Total GDP in 1998 amounted to $95.8 billion (up from $61.3 billion in 1985). Even more significant is the fact that only 18.5 per cent of GDP was generated from the energy sector in 1998, as opposed to 37.2 per cent in 1985. Real GDP growth in Alberta was 2.3 per cent in 1999, projected at 6.1 per cent for 2000 and 5.2 per cent for 2001. The corresponding figures for Canada as a whole are 4.1, 4.2 and 3.0 per cent, respectively. Except for agriculture and public administration, which declined by 11.9 per cent and 13.4 per cent respectively, all other sectors of the economy showed significant growth during the period of 1993 to 1999. Technology employment grew by six per cent between 1989 and 1999, fully 33 per cent higher than anywhere else in the country. Energy industry revenue increased by 35 per cent from 1998 to 1999 and industry reinvestment was high at 150 per cent of internal cash flow. Total investment in the province amounted to $31.3 billion in 1999; it is expected to top $34.0 billion in 2000. A list of current major investment projects shows a total of 810 projects in all sectors of the economy, with a total value of $61.14 billion dollars. Growth targets include 295,000 new jobs, value added exports to $26 billion

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

    Directory of Open Access Journals (Sweden)

    QIAN HU

    2017-12-01

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

  19. Trade unions and the economic performance of brazilian establishments

    Directory of Open Access Journals (Sweden)

    Naércio Aquino Menezes-Filho

    2008-03-01

    Full Text Available This paper examines, for the first time in the literature, the impact of trade unions on various performance indicators of Brazilian establishments. A unionism retrospective survey was carried out among 1,000 establishments in the manufacturing sector and its results were matched to performance indicators available from the Brazilian Industrial Surveys between 1990 and 2000. The results using the pooled data indicate that the relationship between unionism and some performance indicators, such as average wages, employment and productivity is non-linear (concave, so that a rise in unionism from low levels is associated with higher performance, but at a decreasing rate. Unions also reduce profitability. Establishments that introduced profit-sharing schemes increased their productivity and profitability overall and paid higher wages in more unionized plants.Este artigo analisa, pela primeira vez na literatura, o impacto dos sindicatos de trabalhadores em vários indicadores de desempenho econômico de firmas industriais brasileiras. Realizou-se uma pesquisa retrospectiva sobre a densidade sindical de 1000 estabelecimentos industriais brasileiros e seus resultados foram combinados aos indicadores de desempenho econômico da Pesquisa Industrial Anual (PIA de 1990 a 2000. Os resultados indicam que a relação entre a densidade sindical na firma e seus salários, emprego e produtividade, é não-linear, ou seja, um aumento no grau de sindicalização leva a um melhor desempenho, porém a taxas decrescentes. Observou-se, também, uma relação negativa entre sindicalização e rentabilidade. Finalmente, estabelecimentos que introduziram mecanismos de 'participação nos lucros' aumentaram sua produtividade e rentabilidade no período e pagaram maiores salários nas firmas onde o grau de sindicalização era maior.

  20. How Does Shared Capitalism Affect Economic Performance in the UK?

    OpenAIRE

    Alex Bryson; Richard Freeman

    2008-01-01

    This paper uses nationally representative linked workplace-employee data from the British 2004 Workplace Employment Relations Survey to examine the operation of shared capitalist forms of pay – profit-sharing and group pay for performance, employee share ownership, and stock options—and their link to productivity. It shows that shared capitalism has grown in the UK, as it has in the US; that different forms of shared capitalist pay complement each other and other labour practices in the sense...

  1. Analysis of Economic Performance in Mergers and Acquisition

    Institute of Scientific and Technical Information of China (English)

    王立杰; 孙涛

    2003-01-01

    Based on the methods of financial analysis, the direct earnings in mergers and acquisition M&A, profit or loss from stock price fluctuation, influence on the earning per stock(EPS) and revenue growth after M&A were analyzed in detail. And several quantitative models were established in relevant part accordingly. It can be useful to improve the present low efficiency in the M&A performance in Chinese capital market.

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

    Science.gov (United States)

    Islam, Muhammad M.; Islam, Faridul

    2013-01-01

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

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

    Science.gov (United States)

    Byun, Chong Hyun Christie

    2014-01-01

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

  4. Model developments for quantitative estimates of the benefits of the signals on nuclear power plant availability and economics

    International Nuclear Information System (INIS)

    Seong, Poong Hyun

    1993-01-01

    A novel framework for quantitative estimates of the benefits of signals on nuclear power plant availability and economics has been developed in this work. The models developed in this work quantify how the perfect signals affect the human operator's success in restoring the power plant to the desired state when it enters undesirable transients. Also, the models quantify the economic benefits of these perfect signals. The models have been applied to the condensate feedwater system of the nuclear power plant for demonstration. (Author)

  5. Novel geometrical concept of a high-performance brain PET scanner. Principle, design and performance estimates

    International Nuclear Information System (INIS)

    Seguinot, J.; Braem, A.; Chesi, E.

    2006-01-01

    We present the principle, a possible implementation and performance estimates of a novel geometrical concept for a high-resolution positron emission tomograph. The concept, which can be for example implemented in a brain PET device, promises to lead to an essentially parallax-free 3D image reconstruction with excellent spatial resolution and contrast, uniform over the complete field of view. The key components are matrices of long axially oriented scintillator crystals which are read out at both extremities by segmented Hybrid Photon Detectors. We discuss the relevant design considerations for a 3D axial PET camera module, motivate parameter and material choices, and estimate its performance in terms of spatial and energy resolution. We support these estimates by Monte Carlo simulations and in some cases by first experimental results. From the performance of a camera module, we extrapolate to the reconstruction resolution of a 3D axial PET scanner in a semi-analytical way and compare it to an existing state-of-the art brain PET device. We finally describe a dedicated data acquisition system, capable to fully exploit the advantages of the proposed concept

  6. Economism

    Directory of Open Access Journals (Sweden)

    P. Simons

    2010-07-01

    Full Text Available Modern society is characterised not only by a fascination with scientific technology as a means of solving all problems, especially those that stand in the way of material progress (technicism, but also by an obsessive interest in everything that has to do with money (economism or mammonism. The article discusses the relationship between technicism and economism, on the basis of their relationship to utilitarian thinking: the quest for the greatest happiness for the greatest number of people. Recent major studies of neo-liberalism (seen as an intensification of utilitarianism by Laval and Dardot are used as reference to the development of utilitarianism. It is suggested that the western view of the world, as expressed in economism and technicism, with a utilitarian ethics, features three absolutisations: those of theoretical thinking, technology and economics. In a second part, the article draws on the framework of reformational philosophy to suggest an approach that, in principle, is not marred by such absolutisations.

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

    International Nuclear Information System (INIS)

    Song, Hua; Ozkan, Umit S.

    2010-01-01

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

  8. Frequency Estimator Performance for a Software-Based Beacon Receiver

    Science.gov (United States)

    Zemba, Michael J.; Morse, Jacquelynne Rose; Nessel, James A.; Miranda, Felix

    2014-01-01

    As propagation terminals have evolved, their design has trended more toward a software-based approach that facilitates convenient adjustment and customization of the receiver algorithms. One potential improvement is the implementation of a frequency estimation algorithm, through which the primary frequency component of the received signal can be estimated with a much greater resolution than with a simple peak search of the FFT spectrum. To select an estimator for usage in a QV-band beacon receiver, analysis of six frequency estimators was conducted to characterize their effectiveness as they relate to beacon receiver design.

  9. BASEL III: long-term impact on economic performance and fluctuations

    OpenAIRE

    Paolo Angelini; Laurent Clerc; Vasco Cúrdia; Leonardo Gambacorta; Andrea Gerali; Alberto Locarno; Roberto Motto; Werner Roeger; Skander J. van den Heuvel; Jan Vlcek

    2011-01-01

    We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions: 1) What is the impact of the reform on longterm economic performance? 2) What is the impact of the reform on economic fluctuations? 3) What is the impact of the adoption of countercyclical capital buffers on economic fluctuations? The main results are the following: 1) Each percentage point increase in the capital ratio causes a median 0.09 percent decline in the ...

  10. Technical and economic performance of integrated bioenergy systems

    International Nuclear Information System (INIS)

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

    1996-01-01

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

  11. Technical and economic performance of integrated bioenergy systems

    Energy Technology Data Exchange (ETDEWEB)

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

    1996-12-31

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

  12. Technical and economic performance of integrated bioenergy systems

    Energy Technology Data Exchange (ETDEWEB)

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

    1997-12-31

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

  13. MANAGERIAL COMMUNICATION - PREMISE FOR THE INCREASE OF ECONOMIC AGENTS’ PERFORMANCE

    Directory of Open Access Journals (Sweden)

    ADRIAN MOCANU

    2015-12-01

    Full Text Available Managerial communication is a vital factor in achieving maximum efficiency within an organization, its purpose being the achievement of correct, efficient and effective information both vertically and horizontally, in order to achieve optimal use of internal and external requirements and consistent with the established managerial and organizational objectives. In order to obtain a managerial communication leading to maximum results require a detailed analysis of the basic communicative activities of managers, analysis which represents, in fact, the purpose of this article. Keywords: communication, manager, efficiency, performance

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

    International Nuclear Information System (INIS)

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

    2017-01-01

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

  15. Estimating Potential GDP for the Romanian Economy and Assessing the Sustainability of Economic Growth: A Multivariate Filter Approach

    Directory of Open Access Journals (Sweden)

    Dan Armeanu

    2015-03-01

    Full Text Available In the current context of economic recovery and rebalancing, the necessity of modelling and estimating the potential output and output gap emerges in order to assess the quality and sustainability of economic growth, the monetary and fiscal policies, as well as the impact of business cycles. Despite the importance of potential GDP and the output gap, there are difficulties in reliably estimating them, as many of the models proposed in the economic literature are calibrated for developed economies and are based on complex macroeconomic relationships and a long history of robust data, while emerging economies exhibit high volatility. The object of this study is to develop a model in order to estimate the potential GDP and output gap and to assess the sustainability of projected growth using a multivariate filter approach. This trend estimation technique is the newest approach proposed by the economic literature and has gained wide acceptance with researchers and practitioners alike, while also being used by the IMF for Romania. The paper will be structured as follows. We first discuss the theoretical background of the model. The second section focuses on an analysis of the Romanian economy for the 1995–2013 time frame, while also providing a forecast for 2014–2017 and an assessment of the sustainability of Romania’s economic growth. The third section sums up the results and concludes.

  16. Estimation of the economic and health impact of complications of type 2 diabetes mellitus in the autonomous community of Madrid (Spain).

    Science.gov (United States)

    Arrieta, Francisco; Rubio-Terrés, Carlos; Rubio-Rodríguez, Darío; Magaña, Ana; Piñera, Marbella; Iglesias, Pedro; Nogales, Pedro; Calañas, Alfonso; Novella, Blanca; Botella-Carretero, José Ignacio; Debán, Carlos; Zamarrón, Isabel; Mora, Gustavo; Balsa, José Antonio; Vázquez, Clotilde

    2014-04-01

    To estimate the economic and health impact of chronic complications (macrovascular and microvascular) of type 2 diabetes mellitus (T2DM) in the autonomous community of Madrid (Spain) (ACM). The number of expected complications was obtained from a descriptive, cross-sectional study on a cohort of 3,268 patients with T2DM from the ACM. Cost of complications (€, 2012) was assessed both at hospitals and in primary care. The number of medical visits in primary care and drug treatment for complications were collected by a panel of 21 physicians experienced in treatment of T2DM. Population and epidemiological data and healthcare costs were obtained from Spanish sources. Univariate sensitivity analyses were performed. It is estimated that there are 390,944 patients with T2DM in the ACM, and that they experience 172,406 and 212,283 macrovascular and microvascular complications respectively during their lifetimes. Mean cost of T2DM complications per patient is estimated at € 4,121.54 (66% due to macrovascular complications). The economic impact of T2DM complications in the ACM would be € 1,611 million (1,065 and 545 millions from macrovascular and microvascular complications respectively). The economic impact would range from € 1,249 and 2.509 million euro depending on T2DM prevalence. Complications of T2DM have a great health and economic impact in ACM. Copyright © 2013 SEEN. Published by Elsevier Espana. All rights reserved.

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

    Science.gov (United States)

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

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

    Directory of Open Access Journals (Sweden)

    Ivana Blažková

    2016-01-01

    Full Text Available The article is focused on evaluation of impacts of the project support for research, development and innovations on the economic performance of small and medium-sized enterprises. The set of analysed enterprises was composed of 182 SMEs operating in the Region of South Moravia in the Czech Republic, which were active in R & D in 2012 and 2013. There were evaluated public sources of funding for innovation activities and selected financial ratios of economic performance. The hypotheses about the relationship between the amount of public support and profitability of enterprises were set up and statistically tested. The analysis proved sufficient level of profitability and liquidity of the SMEs involved in research, the worst economic performance of the smallest enterprises and the direct positive relationship between the amount of public support and the profitability in two size groups of enterprises, which refers to the positive impact of the public support on the economic performance of SMEs.

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

    NARCIS (Netherlands)

    Hodgson, A.; van Praag, B.

    2006-01-01

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

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

    Science.gov (United States)

    2008-11-01

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

  1. The Impacts of Port Infrastructure and Logistics Performance on Economic Growth

    DEFF Research Database (Denmark)

    Munim, Ziaul Haque; Schramm, Hans-Joachim

    2018-01-01

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

  2. Performance of a procedure for yield estimation in fruit orchards

    DEFF Research Database (Denmark)

    Aravena Zamora, Felipe; Potin, Camila; Wulfsohn, Dvora-Laio

    Early estimation of expected fruit tree yield is important for the market planning and for growers and exporters to plan for labour and boxes. Large variations in tree yield may be found, posing a challenge for accurate yield estimation. We evaluated a multilevel systematic sampling procedure...

  3. Performance of sampling methods to estimate log characteristics for wildlife.

    Science.gov (United States)

    Lisa J. Bate; Torolf R. Torgersen; Michael J. Wisdom; Edward O. Garton

    2004-01-01

    Accurate estimation of the characteristics of log resources, or coarse woody debris (CWD), is critical to effective management of wildlife and other forest resources. Despite the importance of logs as wildlife habitat, methods for sampling logs have traditionally focused on silvicultural and fire applications. These applications have emphasized estimates of log volume...

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

    International Nuclear Information System (INIS)

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

    1993-05-01

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

  5. Estimation of economic consequences of GOLD guidelines adoption in the Italian clinical practice

    Directory of Open Access Journals (Sweden)

    Orietta Zaniolo

    2011-03-01

    Full Text Available Background: Chronic Obstructive Pulmonary Disease (COPD affects about 4.5% of the Italian population, representing one of most burdensome public health problems. Literature data report an annual health care expenditure ranging between € 1,300 and € 4,500 per patient, of which drug costs are a limited share. In 1998 the WHO started GOLD program in order to ameliorate COPD patient management. As a part of his program, periodically updated guidelines are produced with the aim of defining an efficient diagnostic-therapeutic pathway managed by a multidisciplinary team and based on the optimization of the use of drugs and diagnostic tests and the reduction of exposure to risk factors.Objective: to estimate the economic consequences of GOLD guidelines adoption in the Italian clinical practice.Methods: a decision analytic model capable of calculating the impact on the National Health Service budget of an ameliorated adherence to GOLD guidelines (GOLD GL strategy, basing on the needed variations in health care strategies on a defined patient cohort treated with the current approach (CURRENT strategy. The simulation runs on a cohort representing Italian COPD patients over 45 years who transit through 5 Markov health states (4 GOLD stages and death, according to patient characteristics (age, gender, FEV1, with a time horizon of 3 years. Stage-specific drug consumption of the CURRENT strategy is based on data of 3,113 patients collected by three Health Local Units involved in a larger clinical audit project. The consumption of other health resources, i.e. medical visits and inpatient care, is estimated based on a multicentre observational Italian study. The GOLD GL strategy includes spirometry-based staging on the totality of the simulated patients, the development of a therapeutic strategy including the redefinition of pharmacological therapy based on guideline recommendations and experts opinion, and variation of other health resources consumption

  6. Corporate sustainability and economic performance in small and medium sized enterprises

    OpenAIRE

    Bojnec, Štefan; Simčič, Blaž; Tomšič, Nastja

    2015-01-01

    Various studies have investigated drivers of corporate sustainability, however only a few attempts have been made to link corporate sustainability and economic performance of enterprises by measuring labour productivity in new European Union member states that have transitioned from socialism. This paper analyses the link between corporate sustainability and economic performance, by simultaneously using the following control variables: human capital, the innovation process, leadership, and Eu...

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

    OpenAIRE

    Ivana Blažková

    2016-01-01

    The article is focused on evaluation of impacts of the project support for research, development and innovations on the economic performance of small and medium-sized enterprises. The set of analysed enterprises was composed of 182 SMEs operating in the Region of South Moravia in the Czech Republic, which were active in R & D in 2012 and 2013. There were evaluated public sources of funding for innovation activities and selected financial ratios of economic performance. The hypotheses abou...

  8. Current economic situation and estimated future trends of the electricity generation options in Belgium

    International Nuclear Information System (INIS)

    Delvoye, J.

    1996-01-01

    In Belgium, the electrical engineers have to periodically establish, for the government, a national equipment plan which justifies the provided investments for a period of 10 years after the publication of the plan. The elaborated development is appreciated by four criteria: the environmental impact, the park workableness, its economic robustness and the production saving. In order to estimate this last criteria, the method used is called of the 'leveled discounted electricity generation costs'. It is recommended and used by international agencies such as the IAEA, OECD, UNIPE. The comparisons between the nuclear production cost, carried out during two successive equipment plans (1988 and 1994), show the evolution of technologies, costs and forecasts of these last ten years. In particular, the last valuation has to take into account uncertainty ranges of which the importance prevents to draw a definitive conclusion about the production mean which will be the most inexpensive in the future: competition is open between the different types of factories and fuels. The recent national equipment plan (1995-2005) proposes to cover 53% of the additional needs by gas combined-cycle power plants, 29% by coal combined-cycle power plants and 18% by the Belgian interest in French B. Chooz nuclear powered plants. The nuclear choice is open for the future. (O.M.)

  9. Two-Stage Residual Inclusion Estimation in Health Services Research and Health Economics.

    Science.gov (United States)

    Terza, Joseph V

    2018-06-01

    Empirical analyses in health services research and health economics often require implementation of nonlinear models whose regressors include one or more endogenous variables-regressors that are correlated with the unobserved random component of the model. In such cases, implementation of conventional regression methods that ignore endogeneity will likely produce results that are biased and not causally interpretable. Terza et al. (2008) discuss a relatively simple estimation method that avoids endogeneity bias and is applicable in a wide variety of nonlinear regression contexts. They call this method two-stage residual inclusion (2SRI). In the present paper, I offer a 2SRI how-to guide for practitioners and a step-by-step protocol that can be implemented with any of the popular statistical or econometric software packages. We introduce the protocol and its Stata implementation in the context of a real data example. Implementation of 2SRI for a very broad class of nonlinear models is then discussed. Additional examples are given. We analyze cigarette smoking as a determinant of infant birthweight using data from Mullahy (1997). It is hoped that the discussion will serve as a practical guide to implementation of the 2SRI protocol for applied researchers. © Health Research and Educational Trust.

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

    Science.gov (United States)

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

    2015-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Annemarie Ruijsbroek

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

  12. Estimated Human and Economic Burden of Four Major Adult Vaccine-Preventable Diseases in the United States, 2013

    OpenAIRE

    McLaughlin, John M.; McGinnis, Justin J.; Tan, Litjen; Mercatante, Annette; Fortuna, Joseph

    2015-01-01

    Low uptake of routinely recommended adult immunizations is a public health concern. Using data from the peer-reviewed literature, government disease-surveillance programs, and the US Census, we developed a customizable model to estimate human and economic burden caused by four major adult vaccine-preventable diseases (VPD) in 2013 in the United States, and for each US state individually. To estimate the number of cases for each adult VPD for a given population, we multiplied age-specific inci...

  13. A comparative study of the performances of some estimators of ...

    African Journals Online (AJOL)

    In linear regression model, regressors are assumed fixed in repeated sampling. ... error terms when normally distributed regressors are fixed (non – stochastic) with ... of the estimated parameter of the model at different levels of autocorrelation ...

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

    DEFF Research Database (Denmark)

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

    2013-01-01

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

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

    Science.gov (United States)

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

    2016-01-15

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

  16. A comprehensive estimation of the economic effects of meteorological services based on the input-output method.

    Science.gov (United States)

    Wu, Xianhua; Wei, Guo; Yang, Lingjuan; Guo, Ji; Lu, Huaguo; Chen, Yunfeng; Sun, Jian

    2014-01-01

    Concentrating on consuming coefficient, partition coefficient, and Leontief inverse matrix, relevant concepts and algorithms are developed for estimating the impact of meteorological services including the associated (indirect, complete) economic effect. Subsequently, quantitative estimations are particularly obtained for the meteorological services in Jiangxi province by utilizing the input-output method. It is found that the economic effects are noticeably rescued by the preventive strategies developed from both the meteorological information and internal relevance (interdependency) in the industrial economic system. Another finding is that the ratio range of input in the complete economic effect on meteorological services is about 1 : 108.27-1 : 183.06, remarkably different from a previous estimation based on the Delphi method (1 : 30-1 : 51). Particularly, economic effects of meteorological services are higher for nontraditional users of manufacturing, wholesale and retail trades, services sector, tourism and culture, and art and lower for traditional users of agriculture, forestry, livestock, fishery, and construction industries.

  17. A Comprehensive Estimation of the Economic Effects of Meteorological Services Based on the Input-Output Method

    Directory of Open Access Journals (Sweden)

    Xianhua Wu

    2014-01-01

    Full Text Available Concentrating on consuming coefficient, partition coefficient, and Leontief inverse matrix, relevant concepts and algorithms are developed for estimating the impact of meteorological services including the associated (indirect, complete economic effect. Subsequently, quantitative estimations are particularly obtained for the meteorological services in Jiangxi province by utilizing the input-output method. It is found that the economic effects are noticeably rescued by the preventive strategies developed from both the meteorological information and internal relevance (interdependency in the industrial economic system. Another finding is that the ratio range of input in the complete economic effect on meteorological services is about 1 : 108.27–1 : 183.06, remarkably different from a previous estimation based on the Delphi method (1 : 30–1 : 51. Particularly, economic effects of meteorological services are higher for nontraditional users of manufacturing, wholesale and retail trades, services sector, tourism and culture, and art and lower for traditional users of agriculture, forestry, livestock, fishery, and construction industries.

  18. A Comprehensive Estimation of the Economic Effects of Meteorological Services Based on the Input-Output Method

    Science.gov (United States)

    Wu, Xianhua; Yang, Lingjuan; Guo, Ji; Lu, Huaguo; Chen, Yunfeng; Sun, Jian

    2014-01-01

    Concentrating on consuming coefficient, partition coefficient, and Leontief inverse matrix, relevant concepts and algorithms are developed for estimating the impact of meteorological services including the associated (indirect, complete) economic effect. Subsequently, quantitative estimations are particularly obtained for the meteorological services in Jiangxi province by utilizing the input-output method. It is found that the economic effects are noticeably rescued by the preventive strategies developed from both the meteorological information and internal relevance (interdependency) in the industrial economic system. Another finding is that the ratio range of input in the complete economic effect on meteorological services is about 1 : 108.27–1 : 183.06, remarkably different from a previous estimation based on the Delphi method (1 : 30–1 : 51). Particularly, economic effects of meteorological services are higher for nontraditional users of manufacturing, wholesale and retail trades, services sector, tourism and culture, and art and lower for traditional users of agriculture, forestry, livestock, fishery, and construction industries. PMID:24578666

  19. Virtual land use and agricultural trade. Estimating environmental and socio-economic impacts

    International Nuclear Information System (INIS)

    Wuertenberger, Laura; Koellner, Thomas; Binder, Claudia R.

    2006-01-01

    Liberalization has caused an increase in the global trade of goods and services. In particular, the value and physical volume of agricultural goods traded have largely increased. As the environmental and social consequences of trade are complex, they are rarely included in the national and international agricultural policies. One reason is that there is a lack of concepts and methods for assessing the environmental and social impacts of trade policies. In this paper we develop a method for quantifying and assessing the land use hidden in the export and import of agricultural goods for the case of Switzerland. For our analysis we focus on arable crops. The first methodological step of our research illustrates the spatial relationship of Switzerland with countries all over the world through the import and export of land use for arable crops. The second step links this spatial dimension with a qualitative assessment of the environmental and socio-economic impacts of agricultural land use. We applied the method to the case of wheat cultivation within Switzerland and import to Switzerland. The major problem we were confronted with was the availability of data, which had both to be reliable and available for the countries wheat is imported from. The results show that the calculation of land use is credible. In spite of the problems related with data availability, the assessment results for each indicator are in agreement with the current situation in the respective countries. In addition, the aggregation seems to accurately reflect the countries' agricultural polices. The developed method is used to estimate the overall environmental and socio-economic impacts of an increase in wheat imports to Switzerland. We argue that this method could be applied for anticipating potential impacts of trade agreements. Still, further research is required for fine-tuning of the utility functions, including a weighting procedure in the aggregation procedure. For practical applications

  20. 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

  1. Prospective national and regional environmental performance: Boundary estimations using a combined data envelopment - stochastic frontier analysis approach

    International Nuclear Information System (INIS)

    Vaninsky, Alexander

    2010-01-01

    The environmental performance of regions and largest economies of the world - actually, the efficiency of their energy sectors - is estimated for the period 2010-2030 by using forecasted values of main economic indicators. Two essentially different methodologies, data envelopment analysis and stochastic frontier analysis, are used to obtain upper and lower boundaries of the environmental efficiency index. Greenhouse gas emission per unit of area is used as a resulting indicator, with GDP, energy consumption, and population forming a background of comparable estimations. The dynamics of the upper and lower boundaries and their average is analyzed. Regions and national economies having low level or negative dynamics of environmental efficiency are determined.

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

    Directory of Open Access Journals (Sweden)

    Nina Repar

    2016-12-01

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

  3. Estimating the Direct Medical Economic Burden of Health Care-Associated Infections in Public Tertiary Hospitals in Hubei Province, China.

    Science.gov (United States)

    Li, Hao; Liu, Xinliang; Cui, Dan; Wang, Quan; Mao, Zongfu; Fang, Liang; Zhang, Furong; Yang, Ping; Wu, Huiling; Ren, Nili; He, Jianyun; Sun, Jing

    2017-07-01

    This study estimated the attributable direct medical economic burden of health care-associated infections (HAIs) in China. Data were extracted from hospitals' information systems. Inpatient cases with HAIs and non-HAIs were grouped by the propensity score matching (PSM) method. Attributable hospitalization expenditures and length of hospital stay were measured to estimate the direct medical economic burden of HAIs. STATA 12.0 was used to conduct descriptive analysis, bivariate χ 2 test, paired Z test, PSM ( r = 0.25σ, nearest neighbor 1:1 matching), and logistic regress analysis. The statistically significant level was set at .05. The HAIs group had statistically significant higher expenditures and longer hospitalization stay than the non-HAIs group during 2013 to 2015 ( P economic burden of HAIs calls for more effective HAI surveillance and better control with appropriate incentives.

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

    International Nuclear Information System (INIS)

    Yang, Min-Hsiung; Yeh, Rong-Hua

    2015-01-01

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

  5. Analysis of advanced european nuclear fuel cycle scenarios including transmutation and economical estimates

    International Nuclear Information System (INIS)

    Merino Rodriguez, I.; Alvarez-Velarde, F.; Martin-Fuertes, F.

    2013-01-01

    In this work the transition from the existing Light Water Reactors (LWR) to the advanced reactors is analyzed, including Generation III+ reactors in a European framework. Four European fuel cycle scenarios involving transmutation options have been addressed. The first scenario (i.e., reference) is the current fleet using LWR technology and open fuel cycle. The second scenario assumes a full replacement of the initial fleet with Fast Reactors (FR) burning U-Pu MOX fuel. The third scenario is a modification of the second one introducing Minor Actinide (MA) transmutation in a fraction of the FR fleet. Finally, in the fourth scenario, the LWR fleet is replaced using FR with MOX fuel as well as Accelerator Driven Systems (ADS) for MA transmutation. All scenarios consider an intermediate period of GEN-III+ LWR deployment and they extend for a period of 200 years looking for equilibrium mass flows. The simulations were made using the TR-EVOL code, a tool for fuel cycle studies developed by CIEMAT. The results reveal that all scenarios are feasible according to nuclear resources demand (U and Pu). Concerning to no transmutation cases, the second scenario reduces considerably the Pu inventory in repositories compared to the reference scenario, although the MA inventory increases. The transmutation scenarios show that elimination of the LWR MA legacy requires on one hand a maximum of 33% fraction (i.e., a peak value of 26 FR units) of the FR fleet dedicated to transmutation (MA in MOX fuel, homogeneous transmutation). On the other hand a maximum number of ADS plants accounting for 5% of electricity generation are predicted in the fourth scenario (i.e., 35 ADS units). Regarding the economic analysis, the estimations show an increase of LCOE (Levelized cost of electricity) - averaged over the whole period - with respect to the reference scenario of 21% and 29% for FR and FR with transmutation scenarios respectively, and 34% for the fourth scenario. (authors)

  6. The use of absolute values improves performance of estimation formulae

    DEFF Research Database (Denmark)

    Redal-Baigorri, Belén; Rasmussen, Knud; Heaf, James Goya

    2013-01-01

    BACKGROUND: Estimation of Glomerular Filtration Rate (GFR) by equations such as Chronic Kidney Disease Epidemiology Collaboration (CKD-EPI) or Modification of Diet in Renal Disease (MDRD) is usually expressed as a Body Surface Area (BSA) indexed value (ml/min per 1.73 m²). This can have severe cl...

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

    Directory of Open Access Journals (Sweden)

    Arif ÖZSAĞIR

    2013-12-01

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

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

    International Nuclear Information System (INIS)

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

    1992-01-01

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

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

    NARCIS (Netherlands)

    Janic, M.

    2014-01-01

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

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

    NARCIS (Netherlands)

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

    2007-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Jana Hornungová

    2015-01-01

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

  12. IV Estimation of a Panel Threshold Model of Tourism Specialization and Economic Development

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); T. Khamkaew (Tanchanok); M.J. McAleer (Michael)

    2010-01-01

    textabstractThe significant impact of international tourism in stimulating economic growth is especially important from a policy perspective. For this reason, the relationship between international tourism and economic growth would seem to be an interesting and topical empirical issue. The purpose

  13. Methodology used in Cuba for estimating economic losses caused by forest fires

    Science.gov (United States)

    Marcos Pedro Ramos Rodríguez; Raúl González Rodríguez

    2013-01-01

    Assessment of economic losses caused by forest fires is a highly complex but important activity. It is complicated first by the large number of effects, in different periods, brought about in the social, economic and environmental fields. Secondly, the difficulty of assigning a market value to resources such as biodiversity or endangered species should be mentioned. It...

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

    Directory of Open Access Journals (Sweden)

    Mustafa Ildırar

    2015-07-01

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

  15. Feasibility Study of Economics and Performance of Solar Photovoltaics at the Refuse Hideaway Landfill in Middleton, Wisconsin

    Energy Technology Data Exchange (ETDEWEB)

    Salasovich, J.; Mosey, G.

    2011-08-01

    This report presents the results of an assessment of the technical and economic feasibility of deploying a photovoltaics (PV) system on a brownfield site at the Refuse Hideaway Landfill in Middleton, Wisconsin. The site currently has a PV system in place and was assessed for further PV installations. The cost, performance, and site impacts of different PV options were estimated. The economics of the potential systems were analyzed using an electric rate of $0.1333/kWh and incentives offered by the State of Wisconsin and by the serving utility, Madison Gas and Electric. According to the site production calculations, the most cost-effective system in terms of return on investment is the thin-film fixed-tilt technology. The report recommends financing options that could assist in the implementation of such a system.

  16. Feasibility Study of Economics and Performance of Solar Photovoltaics at the Former St. Marks Refinery in St. Marks, Florida

    Energy Technology Data Exchange (ETDEWEB)

    Lisell, L.; Mosey, G.

    2010-09-01

    This report presents the results of an assessment of the technical and economic feasibility of deploying a photovoltaics (PV) system on a brownfield site in St. Marks, Florida. The site was assessed for possible PV installations. The cost, performance, and site impacts of different PV options were estimated. The economics of the potential systems were analyzed using an electric rate of $0.08/kWh and incentives offered in the State of Florida and from the two accessible utilities, Progress Energy and the City of Tallahassee. According to the site production calculations, the most cost-effective system in terms of return on investment is the fixed-tilt thin film technology. The report recommends financing options that could assist in the implementation of such a system.

  17. Cost Performance Estimating Relationships for Hybrid Electric Vehicle Components

    Science.gov (United States)

    2003-07-31

    Permanent magnet motors are more likely to be used as generators, while AC induction motors are more efficiently used as motors. Inverters/controllers can...than permanent magnet motors . Switched Reluctance motors are also used on hybrid electric vehicles, but are not used as widely as either AC...induction or permanent magnet motors , and are not analyzed here. Methodology The motor estimates are based on power, with kilowatts being the unit of

  18. Economics

    Science.gov (United States)

    1975-01-01

    Tables covering the selling price of hydrogen as a function of each process temperature studied are presented. Estimated selling price, based on capital costs and operating and maintenance costs, is included. In all cases, no credit was given for the methane component of hydrogen.

  19. The Hidden Health and Economic Burden of Rotavirus Gastroenteritis in Malaysia: An Estimation Using Multiple Data Sources.

    Science.gov (United States)

    Loganathan, Tharani; Ng, Chiu-Wan; Lee, Way-Seah; Jit, Mark

    2016-06-01

    Rotavirus gastroenteritis (RVGE) results in substantial mortality and morbidity worldwide. However, an accurate estimation of the health and economic burden of RVGE in Malaysia covering public, private and home treatment is lacking. Data from multiple sources were used to estimate diarrheal mortality and morbidity according to health service utilization. The proportion of this burden attributable to rotavirus was estimated from a community-based study and a meta-analysis we conducted of primary hospital-based studies. Rotavirus incidence was determined by multiplying acute gastroenteritis incidence with estimates of the proportion of gastroenteritis attributable to rotavirus. The economic burden of rotavirus disease was estimated from the health systems and societal perspective. Annually, rotavirus results in 27 deaths, 31,000 hospitalizations, 41,000 outpatient visits and 145,000 episodes of home-treated gastroenteritis in Malaysia. We estimate an annual rotavirus incidence of 1 death per 100,000 children and 12 hospitalizations, 16 outpatient clinic visits and 57 home-treated episodes per 1000 children under-5 years. Annually, RVGE is estimated to cost US$ 34 million to the healthcare provider and US$ 50 million to society. Productivity loss contributes almost a third of costs to society. Publicly, privately and home-treated episodes consist of 52%, 27% and 21%, respectively, of the total societal costs. RVGE represents a considerable health and economic burden in Malaysia. Much of the burden lies in privately or home-treated episodes and is poorly captured in previous studies. This study provides vital information for future evaluation of cost-effectiveness, which are necessary for policy-making regarding universal vaccination.

  20. Technical and economic assessment of solar hybrid repowering: conceptual design and cost estimate

    Energy Technology Data Exchange (ETDEWEB)

    None

    1978-09-01

    This volume contains the appendix to the conceptual design and cost estimate report on solar repowering the Reeves Unit No. 2 power plant in Albuquerque, New Mexico. Included are the engineering drawings and the work breakdown structure estimate report. (WHK)

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

    Directory of Open Access Journals (Sweden)

    Virginia Barba-Sánchez

    2016-10-01

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

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

    Directory of Open Access Journals (Sweden)

    Cristina-Petrina Trincu-Dragusin

    2016-12-01

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

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

    International Nuclear Information System (INIS)

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

    2017-01-01

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

  4. A new unbiased stochastic derivative estimator for discontinuous sample performances with structural parameters

    NARCIS (Netherlands)

    Peng, Yijie; Fu, Michael C.; Hu, Jian Qiang; Heidergott, Bernd

    In this paper, we propose a new unbiased stochastic derivative estimator in a framework that can handle discontinuous sample performances with structural parameters. This work extends the three most popular unbiased stochastic derivative estimators: (1) infinitesimal perturbation analysis (IPA), (2)

  5. How to estimate realistic energy savings in Energy Performance Certificates

    DEFF Research Database (Denmark)

    Wittchen, Kim Bjarne; Altmann, Nagmeh; Berecová, Monika

    Given the fact that most MS use fixed or other kinds of default values as boundary condition input for energy performance calculations, it is not surprising that the calculated energy performance differs from the measured energy consumption. As a consequence, the calculated energy savings due...... stationary calculation tools using monthly average values. The optimum solution for energy performance certificates and calculating realistic energy savings is to have two calculations. One calculation, using default values to calculate the label itself, and one with actual input parameters for calculating...... energy performance before and after implementing energy saving measures. Actual values though, may be difficult to identify, so there is a need to make adaptations to reality easy. Even if actual values are available, there are still issues that cause calculated energy savings to differ from the obtained...

  6. Influence function method for fast estimation of BWR core performance

    International Nuclear Information System (INIS)

    Rahnema, F.; Martin, C.L.; Parkos, G.R.; Williams, R.D.

    1993-01-01

    The model, which is based on the influence function method, provides rapid estimate of important quantities such as margins to fuel operating limits, the effective multiplication factor, nodal power and void and bundle flow distributions as well as the traversing in-core probe (TIP) and local power range monitor (LPRM) readings. The fast model has been incorporated into GE's three-dimensional core monitoring system (3D Monicore). In addition to its predicative capability, the model adapts to LPRM readings in the monitoring mode. Comparisons have shown that the agreement between the results of the fast method and those of the standard 3D Monicore is within a few percent. (orig.)

  7. Supply Chain Information Systems and Organisational Performance in Economic Turbulent Times

    OpenAIRE

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

    2015-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Ronaldo F. Frufonga

    2015-11-01

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

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

    OpenAIRE

    Peter J. Nicholson

    2003-01-01

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

  10. Does political and economic freedom matter for inbound tourism? A cross-national panel data estimation

    OpenAIRE

    Saha, Shrabani; Su, Jen-Je; Campbell, Neil

    2017-01-01

    The paper examines the impact of political and economic freedom on inbound tourism for over 110 countries during 1995-2012. Panel country fixed-effects techniques are utilized to examine the relationship after controlling for other factors that contribute to inbound tourism. The results show that civil liberties and economic freedom (among several other freedom measures) are positively and significantly associated with inbound tourism. Examination of the moderation effect revea...

  11. The Estimation of the Cointegration Relationship between the Economic Growth, Investments and Exports. The Romanian Case

    Directory of Open Access Journals (Sweden)

    Marius-Corneliu Marinas

    2007-07-01

    Full Text Available This paper attempts to analyze the relationship between exports, investments and economic growth in Romania. For the search of this relationship I use a multivariate autoregressive VAR model. The results of cointegration analysis showed that there is one cointegrated vector among exports, investments and economic growth. Granger causality tests based on error correction models (ECM have indicated that investment and export influences the steady-state level of GDP.

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

    Science.gov (United States)

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

    2016-01-01

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

  13. The estimated economic burden of genital herpes in the United States. An analysis using two costing approaches

    Directory of Open Access Journals (Sweden)

    Fisman David N

    2001-06-01

    Full Text Available Abstract Background Only limited data exist on the costs of genital herpes (GH in the USA. We estimated the economic burden of GH in the USA using two different costing approaches. Methods The first approach was a cross-sectional survey of a sample of primary and secondary care physicians, analyzing health care resource utilization. The second approach was based on the analysis of a large administrative claims data set. Both approaches were used to generate the number of patients with symptomatic GH seeking medical treatment, the average medical expenditures and estimated national costs. Costs were valued from a societal and a third party payer's perspective in 1996 US dollars. Results In the cross-sectional study, based on an estimated 3.1 million symptomatic episodes per year in the USA, the annual direct medical costs were estimated at a maximum of $984 million. Of these costs, 49.7% were caused by drug expenditures, 47.7% by outpatient medical care and 2.6% by hospital costs. Indirect costs accounted for further $214 million. The analysis of 1,565 GH cases from the claims database yielded a minimum national estimate of $283 million direct medical costs. Conclusions GH appears to be an important public health problem from the health economic point of view. The observed difference in direct medical costs may be explained with the influence of compliance to treatment and possible undersampling of subpopulations in the claims data set. The present study demonstrates the validity of using different approaches in estimating the economic burden of a specific disease to the health care system.

  14. Regional economic activity and absenteeism: a new approach to estimating the indirect costs of employee productivity loss.

    Science.gov (United States)

    Bankert, Brian; Coberley, Carter; Pope, James E; Wells, Aaron

    2015-02-01

    This paper presents a new approach to estimating the indirect costs of health-related absenteeism. Productivity losses related to employee absenteeism have negative business implications for employers and these losses effectively deprive the business of an expected level of employee labor. The approach herein quantifies absenteeism cost using an output per labor hour-based method and extends employer-level results to the region. This new approach was applied to the employed population of 3 health insurance carriers. The economic cost of absenteeism was estimated to be $6.8 million, $0.8 million, and $0.7 million on average for the 3 employers; regional losses were roughly twice the magnitude of employer-specific losses. The new approach suggests that costs related to absenteeism for high output per labor hour industries exceed similar estimates derived from application of the human capital approach. The materially higher costs under the new approach emphasize the importance of accurately estimating productivity losses.

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

    Directory of Open Access Journals (Sweden)

    Marcela Basovníková

    2013-01-01

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

  16. GNSS Positioning Performance Analysis Using PSO-RBF Estimation Model

    Directory of Open Access Journals (Sweden)

    Jgouta Meriem

    2017-06-01

    Full Text Available Positioning solutions need to be more precise and available. The most frequent method used nowadays includes a GPS receiver, sometimes supported by other sensors. Generally, GPS and GNSS suffer from spreading perturbations that produce biases on pseudo-range measurements. With a view to optimize the use of the satellites received, we offer a positioning algorithm with pseudo range error modelling with the contribution of an appropriate filtering process. Extended Kalman Filter, The Rao- Blackwellized filter are among the most widely used algorithms to predict errors and to filter the high frequency noise. This paper describes a new method of estimating the pseudo-range errors based on the PSO-RBF model which achieves an optimal training criterion. This model is appropriate of its method to predict the GPS corrections for accurate positioning, it reduce the positioning errors at high velocities by more than 50% compared to the RLS or EKF methods.

  17. Estimates of the long-term U.S. economic impacts of global climate change-induced drought.

    Energy Technology Data Exchange (ETDEWEB)

    Ehlen, Mark Andrew; Loose, Verne W.; Warren, Drake E.; Vargas, Vanessa N.

    2010-01-01

    While climate-change models have done a reasonable job of forecasting changes in global climate conditions over the past decades, recent data indicate that actual climate change may be much more severe. To better understand some of the potential economic impacts of these severe climate changes, Sandia economists estimated the impacts to the U.S. economy of climate change-induced impacts to U.S. precipitation over the 2010 to 2050 time period. The economists developed an impact methodology that converts changes in precipitation and water availability to changes in economic activity, and conducted simulations of economic impacts using a large-scale macroeconomic model of the U.S. economy.

  18. Performance vs. Paper-And-Pencil Estimates of Cognitive Abilities.

    Science.gov (United States)

    Arima, James K.

    Arima's Discrimination Learning Test (DLT) was reconfigured, made into a self-paced mode, and administered to potential recruits in order to determine if: (1) a previous study indicating a lack of difference in learning performance between white and nonwhites would hold up; and (2) the correlations between scores attained on the DLT and scores…

  19. Performance Analysis of Methods for Estimating Weibull Parameters ...

    African Journals Online (AJOL)

    The performance analysis revealed that the MLM was the most accurate model followed by the EPF and the GM. Furthermore, the comparison between the wind speed standard deviation predicted by the proposed models and the measured data showed that the MLM has a smaller relative error of -3.33% on average ...

  20. On Railroad Tank Car Puncture Performance: Part II - Estimating Metrics

    Science.gov (United States)

    2016-04-12

    This paper is the second in a two-part series on the puncture performance of railroad tank cars carrying hazardous materials in the event of an accident. Various metrics are often mentioned in the open literature to characterize the structural perfor...

  1. Neurophysiological Estimates of Human Performance Capabilities in Aerospace Systems

    Science.gov (United States)

    1975-01-27

    plasma membranes suggests that the extracellular material is anchored to cell membranes by bonding inter- actions between protein and lipid moieties of...library of " callable " routines to perform functions commonly needed in conducting experiments. The monitor is modular in design and can be expanded or

  2. Economics of a small wind pump system based on estimated petrol and diesel cost savings from use in Northern Nigeria

    OpenAIRE

    Ejieji, C. J.; Olayaki-Luqman, M.

    2013-01-01

    Eleven years of daily wind records were analyzed for the estimation of available wind energy for water pumping at three selected locations in Northern Nigeria, namely Jos, Kano and Sokoto. This formed the basis for investigating the economics of the use of an imported small wind pump under a deregulated energy market environment.  The estimated available energy for water pumping at the installation height of 9m was 190 kwh/m2/yr for Jos, 225 kwh/m2/yr for Kano and 348 kwh/m2/yr for Sokot...

  3. Sensor Selection for Aircraft Engine Performance Estimation and Gas Path Fault Diagnostics

    Science.gov (United States)

    Simon, Donald L.; Rinehart, Aidan W.

    2016-01-01

    This paper presents analytical techniques for aiding system designers in making aircraft engine health management sensor selection decisions. The presented techniques, which are based on linear estimation and probability theory, are tailored for gas turbine engine performance estimation and gas path fault diagnostics applications. They enable quantification of the performance estimation and diagnostic accuracy offered by different candidate sensor suites. For performance estimation, sensor selection metrics are presented for two types of estimators including a Kalman filter and a maximum a posteriori estimator. For each type of performance estimator, sensor selection is based on minimizing the theoretical sum of squared estimation errors in health parameters representing performance deterioration in the major rotating modules of the engine. For gas path fault diagnostics, the sensor selection metric is set up to maximize correct classification rate for a diagnostic strategy that performs fault classification by identifying the fault type that most closely matches the observed measurement signature in a weighted least squares sense. Results from the application of the sensor selection metrics to a linear engine model are presented and discussed. Given a baseline sensor suite and a candidate list of optional sensors, an exhaustive search is performed to determine the optimal sensor suites for performance estimation and fault diagnostics. For any given sensor suite, Monte Carlo simulation results are found to exhibit good agreement with theoretical predictions of estimation and diagnostic accuracies.

  4. Estimating the economic impact of a possible equine and human epidemic of West Nile virus infection in Belgium

    OpenAIRE

    Humblet, M.; Vandeputte, S.; Fecher-Bourgeois, F.; Leonard, P.; Gosset, C.; Balenghien, Thomas; Durand, B.; Saegerman, C.

    2016-01-01

    This study aimed at estimating, in a prospective scenario, the potential economic impact of a possible epidemic of WNV infection in Belgium, based on 2012 values for the equine and human health sectors, in order to increase preparedness and help decision-makers. Modelling of risk areas, based on the habitat suitable for Culex pipiens, the main vector of the virus, allowed us to determine equine and human populations at risk. Characteristics of the different clinical forms of the disease based...

  5. Balancing environmental and economic performance in the food-processing industry

    DEFF Research Database (Denmark)

    Akkerman, Renzo; van Donk, Dirk Pieter

    2010-01-01

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

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

    International Nuclear Information System (INIS)

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

    1989-01-01

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

  7. An Economical Approach to Estimate a Benchmark Capital Stock. An Optimal Consistency Method

    OpenAIRE

    Jose Miguel Albala-Bertrand

    2003-01-01

    There are alternative methods of estimating capital stock for a benchmark year. However, these methods are costly and time-consuming, requiring the gathering of much basic information as well as the use of some convenient assumptions and guesses. In addition, a way is needed of checking whether the estimated benchmark is at the correct level. This paper proposes an optimal consistency method (OCM), which enables a capital stock to be estimated for a benchmark year, and which can also be used ...

  8. Estimating economic losses to tourism in Africa from the illegal killing of elephants

    Science.gov (United States)

    Naidoo, Robin; Fisher, Brendan; Manica, Andrea; Balmford, Andrew

    2016-11-01

    Recent surveys suggest tens of thousands of elephants are being poached annually across Africa, putting the two species at risk across much of their range. Although the financial motivations for ivory poaching are clear, the economic benefits of elephant conservation are poorly understood. We use Bayesian statistical modelling of tourist visits to protected areas, to quantify the lost economic benefits that poached elephants would have delivered to African countries via tourism. Our results show these figures are substantial (~USD $25 million annually), and that the lost benefits exceed the anti-poaching costs necessary to stop elephant declines across the continent's savannah areas, although not currently in the forests of central Africa. Furthermore, elephant conservation in savannah protected areas has net positive economic returns comparable to investments in sectors such as education and infrastructure. Even from a tourism perspective alone, increased elephant conservation is therefore a wise investment by governments in these regions.

  9. A one health framework for estimating the economic costs of zoonotic diseases on society.

    Science.gov (United States)

    Narrod, Clare; Zinsstag, Jakob; Tiongco, Marites

    2012-06-01

    This article presents an integrated epidemiological and economic framework for assessing zoonoses using a "one health" concept. The framework allows for an understanding of the cross-sector economic impact of zoonoses using modified risk analysis and detailing a range of analytical tools. The goal of the framework is to link the analysis outputs of animal and human disease transmission models, economic impact models and evaluation of risk management options to gain improved understanding of factors affecting the adoption of risk management strategies so that investment planning includes the most promising interventions (or sets of interventions) in an integrated fashion. A more complete understanding of the costs of the disease and the costs and benefits of control measures would promote broader implementation of the most efficient and effective control measures, contributing to improved animal and human health, better livelihood outcomes for the poor and macroeconomic growth.

  10. Estimating the health and economic benefits associated with reducing air pollution in the Barcelona metropolitan area (Spain).

    Science.gov (United States)

    Pérez, Laura; Sunyer, Jordi; Künzli, Nino

    2009-01-01

    To estimate the health and economic benefits that would result from two scenarios of improved air quality in 57 municipalities of the metropolitan area of Barcelona. We used attributable fractions and life tables to quantify the benefits for selected health outcomes, based on published concentration-response functions and economic unit values. The mean weighted concentration of PM(10) for the study population was estimated through concentration surface maps developed by the local government. The annual mean health benefits of reducing the mean PM(10) exposure estimated for the population in the study area (50microg/m(3)) to the annual mean value recommended by the World Health Organization (20microg/m(3)) were estimated to be 3,500 fewer deaths (representing an average increase in life expectancy of 14 months), 1,800 fewer hospitalizations for cardio-respiratory diseases, 5,100 fewer cases of chronic bronchitis among adults, 31,100 fewer cases of acute bronchitis among children, and 54,000 fewer asthma attacks among children and adults. The mean total monetary benefits were estimated to be 6,400 million euros per year. Reducing PM(10) to comply with the current European Union regulatory annual mean level (40microg/m(3)) would yield approximately one third of these benefits. This study shows that reducing air pollution in the metropolitan area of Barcelona would result in substantial health and economic benefits. The benefits are probably underestimated due to the assumptions made in this study. Assessment of the health impact of local air pollution is a useful tool in public health.

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

    Science.gov (United States)

    Chiou, Chei-Chang

    2009-01-01

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

  12. The relationship between animal welfare and economic performance at farm level

    DEFF Research Database (Denmark)

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

    2018-01-01

    We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique dataset of randomly sampled Danish pig herds that includes information from unannounced inspections of the com...

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

    African Journals Online (AJOL)

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

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

    NARCIS (Netherlands)

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

    2018-01-01

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

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

    NARCIS (Netherlands)

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

    2001-01-01

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

  16. The Impact of Various Quizzing Patterns on the Test Performance of High School Economics Students

    Science.gov (United States)

    Robertson, William L.

    2010-01-01

    Presenting college students, in a wide variety of content areas, with frequent announced and unannounced quizzes appears to correlate positively with enhanced test performance. The purpose of this quantitative study was to examine if similar results can be achieved with high school students in a standard economics class. Based on a theoretical…

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

    Directory of Open Access Journals (Sweden)

    Mihail Busu

    2017-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Saheum Hong

    2016-09-01

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

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

    OpenAIRE

    Westlund , Hans; Andersson, Martin; Karlsson, Charlie

    2013-01-01

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

  20. Evaluating the performance of simple estimators for probit models with two dummy endogenous regressors

    DEFF Research Database (Denmark)

    Holm, Anders; Nielsen, Jacob Arendt

    2013-01-01

    This study considers the small sample performance of approximate but simple two-stage estimators for probit models with two endogenous binary covariates. Monte Carlo simulations showthat all the considered estimators, including the simulated maximum-likelihood (SML) estimation, of the trivariate ...

  1. Performance Estimation of the Mtd64-ng DNS64 implementation

    Directory of Open Access Journals (Sweden)

    Gábor Lencse

    2016-12-01

    Full Text Available DNS64 and NAT64 are IPv6 transition technologies enabling IPv6 only clients to communicate with IPv4 only servers. Mtd64-ng is a novel DNS64 implementation, being a successor of MTD64. In this paper, the performance of mtd64-ng is compared with that of MTD64 and BIND. The details of the measurements are fully disclosed. It is found that under heavy load conditions mtd64-ng can answer six times as many “AAAA” record requests per second than BIND. Mtd64-ng fixed two issues of MTD64 and also outperformed its predecessor by answering 46% more “AAAA” record requests per second under heavy load conditions.

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

    Directory of Open Access Journals (Sweden)

    Andrzej H Jasinski

    2011-12-01

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

  3. Estimation of the economical and ecological efficiency of the solar heat supply in Russia

    International Nuclear Information System (INIS)

    Marchenko, O.V.; Solomin, S.V.

    2001-01-01

    One carried out numerical study of application efficiency of solar heat supply systems in the climatic conditions of Russia with regard to their economical competitiveness with organic fuel heat conventional sources and role in reduction of greenhouse gas releases. One defined the regions where (under certain conditions) application of solar energy to generate low-potential heat may be reasonable [ru

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

    OpenAIRE

    Alparslan AKÇORAOĞLU

    2010-01-01

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

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

    DEFF Research Database (Denmark)

    Kock, Anders Bredahl; Teräsvirta, Timo

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

  6. Performance estimation of photovoltaic–thermoelectric hybrid systems

    International Nuclear Information System (INIS)

    Zhang, Jin; Xuan, Yimin; Yang, Lili

    2014-01-01

    A theoretical model for evaluating the efficiency of concentrating PV–TE (photovoltaic–thermoelectric) hybrid system is developed in this paper. Hybrid systems with different photovoltaic cells are studied, including crystalline silicon photovoltaic cell, silicon thin-film photovoltaic cell, polymer photovoltaic cell and copper indium gallium selenide photovoltaic cell. The influence of temperature on the efficiency of photovoltaic cell has been taken into account based on the semiconductor equations, which reveals different efficiency temperature characteristic of polymer photovoltaic cells. It is demonstrated that the polycrystalline silicon thin-film photovoltaic cell is suitable for concentrating PV–TE hybrid system through optimization of the convection heat transfer coefficient and concentrating ratio. The polymer photovoltaic cell is proved to be suitable for non-concentrating PV–TE hybrid system. - Highlights: • Performances of four types of photovoltaic–thermoelectric hybrid systems are studied. • Temperature is one of dominant factors of affecting the conversion efficiency of PV–TE systems. • One can select a proper PV–TE assembly system according to given operating conditions

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

    International Nuclear Information System (INIS)

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

    2016-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Sri Indrastuti S.

    2017-11-01

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

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

    Directory of Open Access Journals (Sweden)

    Abdullah Al Mamun

    2018-04-01

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

  10. %HPGLIMMIX: A High-Performance SAS Macro for GLMM Estimation

    Directory of Open Access Journals (Sweden)

    Liang Xie

    2014-06-01

    Full Text Available Generalized linear mixed models (GLMMs comprise a class of widely used statistical tools for data analysis with fixed and random effects when the response variable has a conditional distribution in the exponential family. GLMM analysis also has a close relationship with actuarial credibility theory. While readily available programs such as the GLIMMIX procedure in SAS and the lme4 package in R are powerful tools for using this class of models, these progarms are not able to handle models with thousands of levels of fixed and random effects. By using sparse-matrix and other high performance techniques, procedures such as HPMIXED in SAS can easily fit models with thousands of factor levels, but only for normally distributed response variables. In this paper, we present the %HPGLIMMIX SAS macro that fits GLMMs with large number of sparsely populated design matrices using the doubly-iterative linearization (pseudo-likelihood method, in which the sparse-matrix-based HPMIXED is used for the inner iterations with the pseudo-variable constructed from the inverse-link function and the chosen model. Although the macro does not have the full functionality of the GLIMMIX procedure, time and memory savings can be large with the new macro. In applications in which design matrices contain many zeros and there are hundreds or thousands of factor levels, models can be fitted without exhausting computer memory, and 90% or better reduction in running time can be observed. Examples with a Poisson, binomial, and gamma conditional distribution are presented to demonstrate the usage and efficiency of this macro.

  11. Applying Insights from Transaction Cost Economics (TCE) to Improve DoD Cost Estimation

    National Research Council Canada - National Science Library

    Angelis, Diana I; Dillard, John; Franck, Raymond; Melese, Francois

    2007-01-01

    The purpose of this report is to explore the possibility of improving DoD cost estimation methods by including explanatory variables that capture the coordination and motivation problems associated with the program...

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

    Directory of Open Access Journals (Sweden)

    Hassan ABBAR

    2016-11-01

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

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

    Directory of Open Access Journals (Sweden)

    Adefeso Hammed Adetola

    2016-11-01

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

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

    Directory of Open Access Journals (Sweden)

    Rafael Enrique Viña Echevarría

    2014-06-01

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

  15. Estimating the Economic Attractiveness of Investment Projects in Conditions of Uncertainty and Risk with the Use of Sensitivity Analysis

    Directory of Open Access Journals (Sweden)

    Kotsyuba Oleksiy S.

    2018-02-01

    Full Text Available The article is concerned with the methodology of economic substantiation of real investments in case of considerable lack of information on possible fluctuations of initial parameters and the resulting risk. The analysis of sensitivity as the main instrument for accounting the risk in the indicated problem situation is the focus of the presented research. In the publication, on the basis of the apparatus of interval mathematics, a set of models for comparative estimation of economic attractiveness (efficiency of alternative investment projects in conditions of uncertainty and risk is formulated, using the sensitivity analysis. The developed instrumentarium assumes both mono- and poly-interval version of the sensitivity analysis. As the risk component in the constructed models is used: in some – values of the specially developed sensitivity coefficient, in others – the worst values, which are based on the interval estimations of the partial criteria of efficiency. The sensitivity coefficient, according to the approach proposed in the publication, is the ratio of the target semi-range of variation to the increase (economy of efficiency, which is provided when the basic level of the analyzed partial criterion of economic attractiveness in comparison with some of its threshold (limit value is being reached.

  16. Economic impacts of climate change: Methods of estimating impacts at an aggregate level using Hordaland as an illustration

    International Nuclear Information System (INIS)

    Aaheim, Asbjoern

    2003-01-01

    This report discusses methods for calculating economic impacts of climate change, and uses Hordaland county in Norway as an illustrative example. The calculations are based on estimated climate changes from the RegClim project. This study draws from knowledge of the relationship between economic activity and climate at a disaggregate level and calculates changes in production of and demand for goods and services within aggregate sectors, which are specified in the county budget for Hordaland. Total impacts for the county thus are expressed through known values from the national budget, such as the county's ''national product'', total consumption, and investments. The estimates of impacts of climate changes at a disaggregate level in Hordaland are quantified only to small degree. The calculations made in this report can thus only be considered appropriate for illustrating methods and interpretations. In terms of relative economic significance for the county, however, it is likely that the hydropower sector will be the most affected. Increased precipitation will result in greater production potential, but profitability will largely depend on projected energy prices and investment costs associated with expansion. Agriculture and forestry will increase their production potential, but they are relatively small sectors in the county. Compared with the uncertainty about how climate change will affect production, however, the uncertainty about changes in demand is far greater. The demand for personal transportation and construction in particular can have significant consequences for the county's economy. (author)

  17. Sustainability of biomass electricity systems. An estimate of costs, macro-economic and environmental impacts

    International Nuclear Information System (INIS)

    Van den Broek, R

    2001-01-01

    Since the 1990s there has been a renewal of interest in the possibility of sustainable generating energy from biomass, an interest driven in part by the climate issue. Other motives are the search for alternatives for parts of Western agriculture and progress in the technological feasibility of efficiently producing high-quality energy from biomass. World-wide this renewed interest has led to a clear increase in research, demonstration and commercial implementation of biomass energy systems. A recent thesis concludes that biomass can contribute to all aspects of sustainability. In the context of sustainable development (often viewed as a concept having economic, social and ecological dimensions), the central question asked by this Ph.D. research is: How do biomass electricity systems compare to fossil-fuel systems and to the land-use that they may replace, in terms of costs, macro-economic and environmental impacts. This article presents a number of conclusions

  18. TECHNOLOGY TRANSFER FROM THE UNIVERSITY OF MINNESOTA ESTIMATING THE ECONOMIC IMPACT

    OpenAIRE

    Ruttan, Vernon W.

    2001-01-01

    There is strong synergy among research, education, technology development and technology transfer. Examples of successful public-private technology transfer linkage institutions are provided. But efforts to document the benefits of research conducted at the University of Minnesota to the state have rarely been conducted with the rigor that would be required to meet the test of professional credibility. A program of research to develop more rigorous evidence on economic benefits to the State i...

  19. Complete characteristics of rating estimations economic development of subjects of the Russian Federation

    Directory of Open Access Journals (Sweden)

    Khamid Nurislamovich Gizatullin

    2012-03-01

    Full Text Available This paper allocates complete characteristics of indicators of economic development of subjects of the Russian Federation. Their system representation has appeared more informative, than system of simple social and economic indexes as allows reflecting variety of communications between them, providing preserving and development of researched objects. It is established that at deterioration of state of the economy of regions of their structure change the role in formation of base indicators. At the first stage it is expressed by change of a vector of development with an opposite direction; on the second — in transition from an optimum condition of available structures on periphery; on the third — in the termination of their participation in forming of under laying echelons. At transition of subsystems of social and economic indexes from the first on the second echelon the contribution of the moved potential from structures «resource-product» and «process» for elements of activization increases, for structures «object», on the contrary, decreases, while for final elements the opposite situation is observed. As approaching the top echelon there is a reduction of interaction of base indicators from structures «resource-product» and «process», and on the contrary, growth to structures «object». The conclusion is drawn that successful social and economic activity of regions is determined by synchronous interaction of all allocated structures («resource-product», «process» and «object». Use of the offered algorithm on the basis of complete characteristics allows not only to find out problem regions, but also shows possibility of management on the basis of revealed statistical regularities their condition by forming of optimum mutual relations between the allocated subsystems and, finally, creation of the big possibilities for realization of the having potential

  20. A Methodology for the Estimation of the Wind Generator Economic Efficiency

    Science.gov (United States)

    Zaleskis, G.

    2017-12-01

    Integration of renewable energy sources and the improvement of the technological base may not only reduce the consumption of fossil fuel and environmental load, but also ensure the power supply in regions with difficult fuel delivery or power failures. The main goal of the research is to develop the methodology of evaluation of the wind turbine economic efficiency. The research has demonstrated that the electricity produced from renewable sources may be much more expensive than the electricity purchased from the conventional grid.

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

    Directory of Open Access Journals (Sweden)

    Vladimir Dmitrievich Bogdanov

    2016-03-01

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

  2. Economic Burden of Hearing Loss for the U.S. Military: A Proposed Framework for Estimation.

    Science.gov (United States)

    Alamgir, Hasanat; Tucker, David L; Kim, Sun-Young; Betancourt, Jose A; Turner, Caryn A; Gorrell, Natasha S; Wong, Nicole J; Sagiraju, Hari K R; Cooper, Sharon P; Douphrate, David I; Whitworth, Kristina W; Marko, Dritana; Gimeno, David; Cornell, John; Hammill, Tanisha L; Senchak, Andrew J; Packer, Mark D

    2016-04-01

    The goal of this multiphased research is to develop methods to comprehensively determine the economic impact of hearing impairment and noise-induced hearing injury among active duty U.S. Service Members. Several steps were undertaken to develop a framework and model for economic burden analysis: (1) a literature review identifying studies reporting the cost of health conditions and injuries in the Department of Defense, (2) consultation with a panel of subject matter experts who reviewed these cost items, and (3) discussions with DoD data stewards and review of relevant data dictionaries and databases. A Markov model was developed to represent the cumulative economic effect of events along the career span, such as retraining after hearing impairment and injury, by synthesizing inputs from various sources. The model, as developed and proposed in this study, will be a valuable decision-making tool for the DoD to identify high-risk groups, take proactive measures, and develop focused education, customized equipping, and return-to-duty and reintegration programs, thereby maximizing the retention of skilled, experienced, and mission-ready Service Members. Reprint & Copyright © 2016 Association of Military Surgeons of the U.S.

  3. Effects of the 2008 flood on economic performance and food security in Yemen: a simulation analysis.

    Science.gov (United States)

    Breisinger, Clemens; Ecker, Olivier; Thiele, Rainer; Wiebelt, Manfred

    2016-04-01

    Extreme weather events such as floods and droughts can have devastating consequences for individual well being and economic development, in particular in poor societies with limited availability of coping mechanisms. Combining a dynamic computable general equilibrium model of the Yemeni economy with a household-level calorie consumption simulation model, this paper assesses the economy-wide, agricultural and food security effects of the 2008 tropical storm and flash flood that hit the Hadramout and Al-Mahrah governorates. The estimation results suggest that agricultural value added, farm household incomes and rural food security deteriorated long term in the flood-affected areas. Due to economic spillover effects, significant income losses and increases in food insecurity also occurred in areas that were unaffected by flooding. This finding suggests that while most relief efforts are typically concentrated in directly affected areas, future efforts should also consider surrounding areas and indirectly affected people. © 2016 The Author(s). Disasters © Overseas Development Institute, 2016.

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

    Directory of Open Access Journals (Sweden)

    JMS Martins

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

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

    International Nuclear Information System (INIS)

    Braun, C.

    1988-01-01

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

  6. Estimating the economic impact of a possible equine and human epidemic of West Nile virus infection in Belgium.

    Science.gov (United States)

    Humblet, Marie-France; Vandeputte, Sébastien; Fecher-Bourgeois, Fabienne; Léonard, Philippe; Gosset, Christiane; Balenghien, Thomas; Durand, Benoît; Saegerman, Claude

    2016-08-04

    This study aimed at estimating, in a prospective scenario, the potential economic impact of a possible epidemic of WNV infection in Belgium, based on 2012 values for the equine and human health sectors, in order to increase preparedness and help decision-makers. Modelling of risk areas, based on the habitat suitable for Culex pipiens, the main vector of the virus, allowed us to determine equine and human populations at risk. Characteristics of the different clinical forms of the disease based on past epidemics in Europe allowed morbidity among horses and humans to be estimated. The main costs for the equine sector were vaccination and replacement value of dead or euthanised horses. The choice of the vaccination strategy would have important consequences in terms of cost. Vaccination of the country's whole population of horses, based on a worst-case scenario, would cost more than EUR 30 million; for areas at risk, the cost would be around EUR 16-17 million. Regarding the impact on human health, short-term costs and socio-economic losses were estimated for patients who developed the neuroinvasive form of the disease, as no vaccine is available yet for humans. Hospital charges of around EUR 3,600 for a case of West Nile neuroinvasive disease and EUR 4,500 for a case of acute flaccid paralysis would be the major financial consequence of an epidemic of West Nile virus infection in humans in Belgium. This article is copyright of The Authors, 2016.

  7. Truth Behind Economic Performance, Natural Resources and Attracting Foreign Direct Investment

    Directory of Open Access Journals (Sweden)

    Arthelo P. Palma

    2016-10-01

    Full Text Available Using a preliminary investigation and analysis on the latest data on GDP (Gross Domestic Product performance, GOI (Global Opportunity Index, Vulnerability Score, Readiness Score, and the number of resources of economic importance, exploratory or preliminary SEM (structural equation modelling was prompted on the recent available data of the 131 countries (n=131. The model was robust, addressing concerns about multivariate assumptions and other measures on the goodness of fit. It was found that the number of natural resources of economic importance plays a large role in the GDP performance. Thus, the preliminary symptom of Dutch disease continues to manifest for as long as each country aims for development, with their resources as ultimate enticing factors for foreign direct investment (FDI. In addition, economic growth is so far observed to be associated with the vulnerability of the country to climate change. Finally, economic growth was found to be linked to the negative impacts argued by the dependency theory. Implication on governance was discussed.

  8. Evaluation of Effect of Global Economic Meltdown on Capital Market Performance

    Directory of Open Access Journals (Sweden)

    ONAOLAPO ADEKUNLE RAHMAN

    2013-07-01

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

  9. Estimating the short-term economic damages from the Prestige oil spill in the Galician fisheries and tourism

    International Nuclear Information System (INIS)

    Garza-Gil, M. Dolores; Prada-Blanco, Albino; Vazquez-Rodriguez, M. Xose

    2006-01-01

    The Prestige oil spill may be considered as one of the worst in the last years because of the amount of oil spilled (59,000 tons at the moment) and the wide zone affected: almost all the coastline in Galicia (Spanish region with a very important coast fishing and tourist activity) and some points in North Spain and in Southwest France. In this paper, we estimate the short-term economic damages from the Prestige oil spills in the Galician fishing and tourist activities. The economic losses arising from the Prestige oil spill exceed those items that can be indemnified under the IOPC system. Their magnitude could reach 5 times more than the applicable limit of compensations in the Prestige case. The consequence is net losses from repeated oil spills and internationally accepted incentives to risky strategies in the marine transport of hydrocarbons. (author)

  10. Estimating the short-term economic damages from the Prestige oil spill in the Galician fisheries and tourism

    Energy Technology Data Exchange (ETDEWEB)

    Garza-Gil, M. Dolores; Prada-Blanco, Albino; Vazquez-Rodriguez, M. Xose [Department of Applied Economics, Faculty of Economics, University of Vigo Lagoas-Marcosende, 36310 Vigo (Spain)

    2006-07-01

    The Prestige oil spill may be considered as one of the worst in the last years because of the amount of oil spilled (59,000 tons at the moment) and the wide zone affected: almost all the coastline in Galicia (Spanish region with a very important coast fishing and tourist activity) and some points in North Spain and in Southwest France. In this paper, we estimate the short-term economic damages from the Prestige oil spills in the Galician fishing and tourist activities. The economic losses arising from the Prestige oil spill exceed those items that can be indemnified under the IOPC system. Their magnitude could reach 5 times more than the applicable limit of compensations in the Prestige case. The consequence is net losses from repeated oil spills and internationally accepted incentives to risky strategies in the marine transport of hydrocarbons. (author)

  11. Optimizing a High-Temperature Hydrogen Co-generation Reactor for Both Economic and Environmental Performance

    International Nuclear Information System (INIS)

    Weimar, Mark R.; Wood, Thomas W.; Reichmuth, Barbara A.; Johnson, Wayne L.

    2003-01-01

    This paper analyzes outcomes for a 3000 MWt High Temperature Gas Reaction nuclear power plant, given price and cost assumptions, and determined what level of hydrogen and electricity production would optimize the plant economically and environmentally (carbon reduction). The tradeoff between producing hydrogen through steam methane reformation and producing electricity is so disproportionate, that advanced reactors will likely be used only as peaking plants for electricity unless policymakers intervene with incentives to change the mix of electricity and hydrogen. The magnitude of the increase in electric prices or decrease in hydrogen prices required to allow electricity production indicate that substantial error in cost estimates would be required to change our analysis.

  12. Estimated Human and Economic Burden of Four Major Adult Vaccine-Preventable Diseases in the United States, 2013.

    Science.gov (United States)

    McLaughlin, John M; McGinnis, Justin J; Tan, Litjen; Mercatante, Annette; Fortuna, Joseph

    2015-08-01

    Low uptake of routinely recommended adult immunizations is a public health concern. Using data from the peer-reviewed literature, government disease-surveillance programs, and the US Census, we developed a customizable model to estimate human and economic burden caused by four major adult vaccine-preventable diseases (VPD) in 2013 in the United States, and for each US state individually. To estimate the number of cases for each adult VPD for a given population, we multiplied age-specific incidence rates obtained from the literature by age-specific 2013 Census population data. We then multiplied the estimated number of cases for a given population by age-specific, estimated medical and indirect (non-medical) costs per case. Adult VPDs examined were: (1) influenza, (2) pneumococcal disease (both invasive disease and pneumonia), (3) herpes zoster (shingles), and (4) pertussis (whooping cough). Sensitivity analyses simulated the impact of various epidemiological scenarios on the total estimated economic burden. Estimated US annual cost for the four adult VPDs was $26.5 billion (B) among adults aged 50 years and older, $15.3B (58 %) of which was attributable to those 65 and older. Among adults 50 and older, influenza, pneumococcal disease, herpes zoster, and pertussis made up $16.0B (60 %), $5.1B (19 %), $5.0B (19 %), and $0.4B (2 %) of the cost, respectively. Among those 65 and older, they made up $8.3B (54 %), $3.8B (25 %), $3.0B (20 %), and 0.2B (1 %) of the cost, respectively. Most (80-85 %) pneumococcal costs stemmed from nonbacteremic pneumococcal pneumonia (NPP). Cost attributable to adult VPD in the United States is substantial. Broadening adult immunization efforts beyond influenza only may help reduce the economic burden of adult VPD, and a pneumococcal vaccination effort, primarily focused on reducing NPP, may constitute a logical starting place. Sensitivity analyses revealed that a pandemic influenza season or change in size of the US elderly population

  13. Measuring Ucrit and endurance: equipment choice influences estimates of fish swimming performance.

    Science.gov (United States)

    Kern, P; Cramp, R L; Gordos, M A; Watson, J R; Franklin, C E

    2018-01-01

    This study compared the critical swimming speed (U crit ) and endurance performance of three Australian freshwater fish species in different swim-test apparatus. Estimates of U crit measured in a large recirculating flume were greater for all species compared with estimates from a smaller model of the same recirculating flume. Large differences were also observed for estimates of endurance swimming performance between these recirculating flumes and a free-surface swim tunnel. Differences in estimates of performance may be attributable to variation in flow conditions within different types of swim chambers. Variation in estimates of swimming performance between different types of flumes complicates the application of laboratory-based measures to the design of fish passage infrastructure. © 2017 The Fisheries Society of the British Isles.

  14. Application of artificial neural network with extreme learning machine for economic growth estimation

    Science.gov (United States)

    Milačić, Ljubiša; Jović, Srđan; Vujović, Tanja; Miljković, Jovica

    2017-01-01

    The purpose of this research is to develop and apply the artificial neural network (ANN) with extreme learning machine (ELM) to forecast gross domestic product (GDP) growth rate. The economic growth forecasting was analyzed based on agriculture, manufacturing, industry and services value added in GDP. The results were compared with ANN with back propagation (BP) learning approach since BP could be considered as conventional learning methodology. The reliability of the computational models was accessed based on simulation results and using several statistical indicators. Based on results, it was shown that ANN with ELM learning methodology can be applied effectively in applications of GDP forecasting.

  15. Estimating the economic impact of climate change on the freshwater sportsfisheries of the Northeastern United States

    Energy Technology Data Exchange (ETDEWEB)

    Pendleton, L. [Univ. of Southern California, Los Angeles, CA (United States). Dept. of Economics; Mendelsohn, R. [Yale Univ., New Haven, CT (United States). School of Forestry and Environmental Studies

    1997-06-06

    This study links models of global climate circulation, ecology, and economic valuation (hedonic travel cost and random utility models) to value the impact of global warming on freshwater sportfishing in the Northeast. An origin-specific linear random utility model (RUM) is introduced. The results of the RUM are shown to be comparable to those of a hedonic travel cost model. A doubling of atmospheric carbon dioxide is predicted to generate between a $4.6 million loss and a $20.5 million net benefit for the Northeastern United States, depending on the climate scenario.

  16. Revisiting the Effectiveness of African Economic Integration. A Meta-Analytic Review and Comparative Estimation Methods

    DEFF Research Database (Denmark)

    Afesorgbor, Sylvanus Kwaku

    The gravity model has extensively been used in estimating the effectiveness of a number of RTAs in the world. However, many previous studies that assess the effectiveness of African RTAs using gravity model produce contrasting results and are characterize by two main shortcomings. Firstly, these ...

  17. Comparative economic performance of selected passive solar heating and cooling technologies

    Science.gov (United States)

    Rutter, W.

    1981-05-01

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

  18. Impact of human resources on wine supply chain flexibility, quality, and economic performance

    Directory of Open Access Journals (Sweden)

    J. L. García-Alcaraz

    2016-09-01

    Full Text Available This article assesses the impact of human resources skills on production quality, flexibility, and economic performance of La Rioja’s wine supply chain. These four elements were integrated as latent variables composed of 15 observed variables and associated through six hypotheses. Data were gathered from 64 wineries located in La Rioja, Spain, and hypotheses were validated in a structural equation model using WarpPLS v.5 software. Results indicate that human resources skills have a positive direct impact on SC flexibility and quality, but not on economic performance; however, these variables are indirectly associated through SC quality and SC flexibility.

  19. Estimation of Economic Value of Use of Wastewater at Agricultural Sector in South of Tehran Province

    Directory of Open Access Journals (Sweden)

    Mohammad Reza Sasouli

    2015-11-01

    Full Text Available Appropriate use of non-conventional water resources including surface runoff and sewage is produced an issue that has emerged as a necessity particularly in Iran. This thread has been created specifically in Tehran. The current study was aimed to investigate the economic value of sewage at Agricultural Sector in South of Tehran with produced approach in the contaminated and clean area. From the results, the average yield of wheat production among the farmers from polluted water was 376 kg ha-1 more than farmers who used clean water. Moreover, the economic value of water was 110 Rials more than farmers who used clean water. According to the results, the total value of wastewater in Tehran in 1405 would be equivalent to 335,480 million Rials. The priorities for interests of irrigation using wastewater from an agricultural perspective suggests that availability and reliability of wastewater than other water sources and low cost of its use is the most important benefit. The next priority result of irrigation with wastewater is increasing crop yield and improving soil fertility. This explains why farmers despite the legal prohibition of the use of untreated sewage continue to utilize this source of irrigation water.

  20. Catastrophic Economic Consequences of Healthcare Payments: Effects on Poverty Estimates in Egypt, Jordan, and Palestine

    Directory of Open Access Journals (Sweden)

    Ahmed Shoukry Rashad

    2015-11-01

    Full Text Available Healthcare payments could drive households with no health insurance coverage into financial catastrophe, which might lead them to cut spending on necessities, sell assets, or use credit. In extreme cases, healthcare payments could have devastating consequences on the household economic status that would push them into extreme poverty. Using nationally representative surveys from three Arab countries, namely, Egypt, Jordan, and Palestine, this paper examines the incidence, intensity and distribution of catastrophic health payments, and assesses the poverty impact of out-of-pocket health payments (OOP. The OOP for healthcare were considered catastrophic if it exceeded 10% of a household’s total expenditure or 40% of non-food expenditure. The poverty impact was evaluated using poverty head counts and poverty gaps before and after OOP. Results show that OOP exacerbate households’ living severely in Egypt, pushing more than one-fifth of the population into a financial catastrophe and 3% into extreme poverty in 2011. However, in Jordan and Palestine, the disruptive impact of OOP remains modest over time. In the three countries, the catastrophic health payment is the problem of the better off households. Poverty alleviation policies should help reduce the reliance on OOP to finance healthcare. Moving toward universal health coverage could also be a promising option to protect households from the catastrophic economic consequences of health care payments.

  1. Estimation of the largest enterprises’ impact on the socio-economic development of territories

    Directory of Open Access Journals (Sweden)

    Ekaterina Dmitrievna Razgulina

    2014-07-01

    Full Text Available The key basic trends of modern society development are associated with the transfer of some government functions to big business. Thus, scientific and public circles argue about social partnership between government, business and employees and offer different variants of the corporate social responsibility concept. The article presents the experience to assess social responsibility of business on the example of the largest chemical enterprises located in the Vologda and Novgorod oblasts. The evaluation results have revealed a number of problems hindering the formation of socially responsible behavior of enterprises, particularly the lack of standardized reporting on corporate social responsibility; provision of formal corporate social responsibility report; business’ non-system participation in social and economic development of territories. According to the authors, the development of a special model to regulate participants’ mutual relations can increase social responsibility of Russian business. Unified interests and resources of business and government promote the development of an agreed strategy in the field of regional social-economic development

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

    Science.gov (United States)

    Kankaanpää, Eila; Suhonen, Aki; Valtonen, Hannu

    2009-09-02

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

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

    OpenAIRE

    Porteous, Bruce; Tapadar, Pradip

    2008-01-01

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

  4. Essays on the effects of human capital, innovation and technology on economic performance

    OpenAIRE

    Tiruneh, Esubalew Alehegn

    2014-01-01

    This thesis is on human capital (HC) and innovation in Germany and comprises of three essays. The first essay provides a comparative analysis on the economic performance impacts of creative class and HC at regional level with the purpose of testing whether the contemporary occupation-based creative class or the conventional education-based HC can be used as a better driver of regional economy. In doing so, I disaggregate creative class into creative core (scientific experts), creative profess...

  5. Using Microsimulation to Estimate the Future Health and Economic Costs of Salmonellosis under Climate Change in Central Queensland, Australia.

    Science.gov (United States)

    Stephen, Dimity Maree; Barnett, Adrian Gerard

    2017-12-11

    The incidence of salmonellosis, a costly foodborne disease, is rising in Australia. Salmonellosis increases during high temperatures and rainfall, and future incidence is likely to rise under climate change. Allocating funding to preventative strategies would be best informed by accurate estimates of salmonellosis costs under climate change and by knowing which population subgroups will be most affected. We used microsimulation models to estimate the health and economic costs of salmonellosis in Central Queensland under climate change between 2016 and 2036 to inform preventative strategies. We projected the entire population of Central Queensland to 2036 by simulating births, deaths, and migration, and salmonellosis and two resultant conditions, reactive arthritis and postinfectious irritable bowel syndrome. We estimated salmonellosis risks and costs under baseline conditions and under projected climate conditions for Queensland under the A1FI emissions scenario using composite projections from 6 global climate models (warm with reduced rainfall). We estimated the resulting costs based on direct medical expenditures combined with the value of lost quality-adjusted life years (QALYs) based on willingness-to-pay. Estimated costs of salmonellosis between 2016 and 2036 increased from 456.0 QALYs (95% CI: 440.3, 473.1) and AUD29,900,000 million (95% CI: AUD28,900,000, AUD31,600,000), assuming no climate change, to 485.9 QALYs (95% CI: 469.6, 503.5) and AUD31,900,000 (95% CI: AUD30,800,000, AUD33,000,000) under the climate change scenario. We applied a microsimulation approach to estimate the costs of salmonellosis and its sequelae in Queensland during 2016-2036 under baseline conditions and according to climate change projections. This novel application of microsimulation models demonstrates the models' potential utility to researchers for examining complex interactions between weather and disease to estimate future costs. https://doi.org/10.1289/EHP1370.

  6. Operational safety performance and economical efficiency evaluation for nuclear power plants

    International Nuclear Information System (INIS)

    Liu Yachun; Zou Shuliang

    2012-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Alexandre Rodrigues da Silva

    2016-12-01

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

  8. The U.S. Federal Government's Efforts to Estimate an Economic Value for Reduced Carbon Emissions (Invited)

    Science.gov (United States)

    Wolverton, A.

    2010-12-01

    This presentation will summarize the technical process and results from recent U.S. Federal government efforts to estimate the “social cost of carbon” (SCC); the monetized damages associated with an incremental increase in carbon dioxide emissions in a given year. The purpose of the SCC estimates is to make it possible for Federal agencies to incorporate the social benefits from reducing CO2 emissions into cost-benefit analyses of regulatory actions that have relatively small impacts on cumulative global emissions. An interagency working group initiated a comprehensive analysis using three integrated assessment models. The interagency group chose to rely on three of the most widely recognized peer-reviewed models to fairly represent differences in the way in which economic impacts from climate change are modeled (DICE, PAGE, and FUND). The main objective of this process was to develop a range of SCC values using a defensible set of input assumptions grounded in the existing scientific and economic literatures. In this way, key uncertainties and model differences transparently and consistently inform the range of SCC estimates used in the rulemaking process. This proved challenging since the literature did not always agree on the best path forward. In some cases the group agreed to a range of assumptions to allow for uncertainty analysis (e.g., they include 5 different socioeconomic scenarios in the Monte Carlo analysis to reflect uncertainty about how future economic and population growth and energy systems will develop over the next 100 years). The four values selected for regulatory analysis included three estimates based on the average SCC from three integrated assessment models over a range of discount rates, since there is wide disagreement on which to apply in an inter-generational context. The fourth value represents the 95th percentile SCC estimate across all three models at a 3 percent discount rate and is included to represent higher

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

    Science.gov (United States)

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

    2015-10-01

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

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

    Science.gov (United States)

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

    2014-09-01

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

  11. Human comfort and self-estimated performance in relation to indoor environmental parameters and building features

    DEFF Research Database (Denmark)

    Frontczak, Monika Joanna

    The main objective of the Ph.D. study was to examine occupants’ perception of comfort and self-estimated job performance in non-industrial buildings (homes and offices), in particular how building occupants understand comfort and which parameters, not necessarily related to indoor environments...... and storage, noise level and visual privacy. However, if job performance is considered, then satisfaction with the main indoor environmental parameters should be addressed first as they affected self-estimated job performance to the highest extent. The present study showed that overall satisfaction...... with personal workspace affected significantly the self-estimated job performance. Increasing overall satisfaction with the personal workspace by about 15% would correspond to an increase of self-estimated job performance by 3.7%. Among indoor environmental parameters and building features, satisfaction...

  12. Housing land transaction data and structural econometric estimation of preference parameters for urban economic simulation models.

    Science.gov (United States)

    Caruso, Geoffrey; Cavailhès, Jean; Peeters, Dominique; Thomas, Isabelle; Frankhauser, Pierre; Vuidel, Gilles

    2015-12-01

    This paper describes a dataset of 6284 land transactions prices and plot surfaces in 3 medium-sized cities in France (Besançon, Dijon and Brest). The dataset includes road accessibility as obtained from a minimization algorithm, and the amount of green space available to households in the neighborhood of the transactions, as evaluated from a land cover dataset. Further to the data presentation, the paper describes how these variables can be used to estimate the non-observable parameters of a residential choice function explicitly derived from a microeconomic model. The estimates are used by Caruso et al. (2015) to run a calibrated microeconomic urban growth simulation model where households are assumed to trade-off accessibility and local green space amenities.

  13. Housing land transaction data and structural econometric estimation of preference parameters for urban economic simulation models

    Science.gov (United States)

    Caruso, Geoffrey; Cavailhès, Jean; Peeters, Dominique; Thomas, Isabelle; Frankhauser, Pierre; Vuidel, Gilles

    2015-01-01

    This paper describes a dataset of 6284 land transactions prices and plot surfaces in 3 medium-sized cities in France (Besançon, Dijon and Brest). The dataset includes road accessibility as obtained from a minimization algorithm, and the amount of green space available to households in the neighborhood of the transactions, as evaluated from a land cover dataset. Further to the data presentation, the paper describes how these variables can be used to estimate the non-observable parameters of a residential choice function explicitly derived from a microeconomic model. The estimates are used by Caruso et al. (2015) to run a calibrated microeconomic urban growth simulation model where households are assumed to trade-off accessibility and local green space amenities. PMID:26958606

  14. Economics in "Global Health 2035": a sensitivity analysis of the value of a life year estimates.

    Science.gov (United States)

    Chang, Angela Y; Robinson, Lisa A; Hammitt, James K; Resch, Stephen C

    2017-06-01

    In "Global health 2035: a world converging within a generation," The Lancet Commission on Investing in Health (CIH) adds the value of increased life expectancy to the value of growth in gross domestic product (GDP) when assessing national well-being. To value changes in life expectancy, the CIH relies on several strong assumptions to bridge gaps in the empirical research. It finds that the value of a life year (VLY) averages 2.3 times GDP per capita for low- and middle-income countries (LMICs) assuming the changes in life expectancy they experienced from 2000 to 2011 are permanent. The CIH VLY estimate is based on a specific shift in population life expectancy and includes a 50 percent reduction for children ages 0 through 4. We investigate the sensitivity of this estimate to the underlying assumptions, including the effects of income, age, and life expectancy, and the sequencing of the calculations. We find that reasonable alternative assumptions regarding the effects of income, age, and life expectancy may reduce the VLY estimates to 0.2 to 2.1 times GDP per capita for LMICs. Removing the reduction for young children increases the VLY, while reversing the sequencing of the calculations reduces the VLY. Because the VLY is sensitive to the underlying assumptions, analysts interested in applying this approach elsewhere must tailor the estimates to the impacts of the intervention and the characteristics of the affected population. Analysts should test the sensitivity of their conclusions to reasonable alternative assumptions. More work is needed to investigate options for improving the approach.

  15. Exploration of a digital audio processing platform using a compositional system level performance estimation framework

    DEFF Research Database (Denmark)

    Tranberg-Hansen, Anders Sejer; Madsen, Jan

    2009-01-01

    This paper presents the application of a compositional simulation based system-level performance estimation framework on a non-trivial industrial case study. The case study is provided by the Danish company Bang & Olufsen ICEpower a/s and focuses on the exploration of a digital mobile audio...... processing platform. A short overview of the compositional performance estimation framework used is given followed by a presentation of how it is used for performance estimation using an iterative refinement process towards the final implementation. Finally, an evaluation in terms of accuracy and speed...

  16. Performance Analysis of Iterative Channel Estimation and Multiuser Detection in Multipath DS-CDMA Channels

    Science.gov (United States)

    Li, Husheng; Betz, Sharon M.; Poor, H. Vincent

    2007-05-01

    This paper examines the performance of decision feedback based iterative channel estimation and multiuser detection in channel coded aperiodic DS-CDMA systems operating over multipath fading channels. First, explicit expressions describing the performance of channel estimation and parallel interference cancellation based multiuser detection are developed. These results are then combined to characterize the evolution of the performance of a system that iterates among channel estimation, multiuser detection and channel decoding. Sufficient conditions for convergence of this system to a unique fixed point are developed.

  17. The recycling of heavy-metalcontaining wastes: Mass balances and economical estimations

    Science.gov (United States)

    Antrekowitsch, J.; Steinlechner, S.

    2011-01-01

    As environmental legislation has become stricter in recent decades, efforts for treating residues have also increased. The existing pyrometallurgical reprocessing methods for metal-containing wastes recover mainly only one valuable metal or produce low-grade byproducts. The aim of developing an economic process has to be the simultaneous recovery of more than one valuable metal and increased product quality. In the case of zinccontaining residues the goal has to be a high-quality zinc product. Moreover, the target is a nearly zero waste process and, accordingly, small amounts of generated residues. In this paper four possible secondary raw materials are compared regarding their mass and energy balance for a treatment in a carbon-containing metal bath. Furthermore, an evaluation of the economy is given for a neutral leaching residue, Waelz kiln slag, dust from secondary copper industry as well as an electro arc furnace dust from carbon steel production.

  18. Marijuana and tobacco cigarettes: Estimating their behavioral economic relationship using purchasing tasks.

    Science.gov (United States)

    Peters, Erica N; Rosenberry, Zachary R; Schauer, Gillian L; O'Grady, Kevin E; Johnson, Patrick S

    2017-06-01

    Although marijuana and tobacco are commonly coused, the nature of their relationship has not been fully elucidated. Behavioral economics has characterized the relationship between concurrently available commodities but has not been applied to marijuana and tobacco couse. U.S. adults ≥18 years who coused marijuana and tobacco cigarettes were recruited via Mechanical Turk, a crowdsourcing service by Amazon. Participants (N = 82) completed online purchasing tasks assessing hypothetical marijuana or tobacco cigarette puff consumption across a range of per-puff prices; 2 single-commodity tasks assessed these when only 1 commodity was available, and 2 cross-commodity tasks assessed these in the presence of a concurrently available fixed-price commodity. Purchasing tasks generated measures of demand elasticity, that is, sensitivity of consumption to prices. In single-commodity tasks, consumption of tobacco cigarette puffs (elasticity of demand: α = 0.0075; 95% confidence interval [0.0066, 0.0085], R² = 0.72) and of marijuana puffs (α = .0044; 95% confidence interval [0.0038, 0.0049], R² = 0.71) declined significantly with increases in price per puff. In cross-commodity tasks when both tobacco cigarette puffs and marijuana puffs were available, demand for 1 commodity was independent of price increases in the other commodity (ps > .05). Results revealed that, in this small sample, marijuana and tobacco cigarettes did not substitute for each other and did not complement each other; instead, they were independent of each other. These preliminary results can inform future studies assessing the economic relationship between tobacco and marijuana in the quickly changing policy climate in the United States. (PsycINFO Database Record (c) 2017 APA, all rights reserved).

  19. Optimal Tuner Selection for Kalman-Filter-Based Aircraft Engine Performance Estimation

    Science.gov (United States)

    Simon, Donald L.; Garg, Sanjay

    2011-01-01

    An emerging approach in the field of aircraft engine controls and system health management is the inclusion of real-time, onboard models for the inflight estimation of engine performance variations. This technology, typically based on Kalman-filter concepts, enables the estimation of unmeasured engine performance parameters that can be directly utilized by controls, prognostics, and health-management applications. A challenge that complicates this practice is the fact that an aircraft engine s performance is affected by its level of degradation, generally described in terms of unmeasurable health parameters such as efficiencies and flow capacities related to each major engine module. Through Kalman-filter-based estimation techniques, the level of engine performance degradation can be estimated, given that there are at least as many sensors as health parameters to be estimated. However, in an aircraft engine, the number of sensors available is typically less than the number of health parameters, presenting an under-determined estimation problem. A common approach to address this shortcoming is to estimate a subset of the health parameters, referred to as model tuning parameters. The problem/objective is to optimally select the model tuning parameters to minimize Kalman-filterbased estimation error. A tuner selection technique has been developed that specifically addresses the under-determined estimation problem, where there are more unknown parameters than available sensor measurements. A systematic approach is applied to produce a model tuning parameter vector of appropriate dimension to enable estimation by a Kalman filter, while minimizing the estimation error in the parameters of interest. Tuning parameter selection is performed using a multi-variable iterative search routine that seeks to minimize the theoretical mean-squared estimation error of the Kalman filter. This approach can significantly reduce the error in onboard aircraft engine parameter estimation

  20. Risk factors and the economic impact of ovarian cysts on reproductive performance of dairy cows in Korea.

    Science.gov (United States)

    Kim, Ki-Doek; Ki, Kwang-Sook; Kang, Hyun-Gu; Kim, Ill-Hwa

    2005-08-01

    The objectives of this study were to determine the risk factors for development of postpartum ovarian cysts by evaluating several reproductive factors in individual cows, and to determine the economic impact of ovarian cysts on subsequent reproductive performance in dairy herds in Korea. The data, including cow parity, abnormal puerperium, endometritis, body condition score (BCS), and breeding status were collected from 634 cows in 9 dairy herds. We used logistic regression to evaluate the effects of these factors on ovarian cysts. A stepwise procedure, used to obtain the appropriate model with alpha=0.05, revealed that cow parity was the most important risk factor for ovarian cyst development within 8 weeks postpartum, while development of endometritis and BCS loss>or=1 from the dry period to 8 weeks postpartum were the most important risk factors for ovarian cyst development beyond 8 weeks postpartum. The occurrence of ovarian cysts beyond 8 weeks postpartum prolonged (Pconception (77 days), and increased (Prate (7.8%), while ovarian cyst development within 8 weeks postpartum did not affect (P>0.05) the mean intervals from calving to first service and conception or the culling rate. The economic loss resulting from the occurrence of ovarian cysts was estimated at approximately 823,996 won ($687) due to effects on the cost of nutrition, average growth of calves, labor and medical costs, and culling. These results suggest that cow parity is correlated with the development of ovarian cysts within 8 weeks postpartum, and endometritis and BCS loss>or=1 from the dry period to 8 weeks postpartum are correlated with the development of ovarian cysts after 8 weeks postpartum, which decreases reproductive performance and results in economic loss in dairy herds in Korea.

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

    Science.gov (United States)

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

    2007-10-01

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

  2. Setting Performance Objectives for Radiation Detection Systems in Homeland Security Applications - Economic Models

    International Nuclear Information System (INIS)

    Wood, Thomas W.; Bredt, Ofelia P.; Heasler, Patrick G.; Reichmuth, Barbara A.; Milazzo, Matthew D.

    2005-01-01

    This paper develops simple frameworks for cost minimization of detector systems by trading off the costs of failed detection against the social costs of false alarms. A workable system must have a high degree of certainty in detecting real threats and yet impose low social costs. The models developed here use standard measures of detector performance and derive target detection probabilities and false-alarm tolerance specifications as functions of detector performance, threat traffic densities, and estimated costs

  3. Setting Performance Objectives for Radiation Detection Systems in Homeland Security Applications - Economic Models

    Energy Technology Data Exchange (ETDEWEB)

    Wood, Thomas W.; Bredt, Ofelia P.; Heasler, Patrick G.; Reichmuth, Barbara A.; Milazzo, Matthew D.

    2005-04-28

    This paper develops simple frameworks for cost minimization of detector systems by trading off the costs of failed detection against the social costs of false alarms. A workable system must have a high degree of certainty in detecting real threats and yet impose low social costs. The models developed here use standard measures of detector performance and derive target detection probabilities and false-alarm tolerance specifications as functions of detector performance, threat traffic densities, and estimated costs.

  4. Determinants of financial performance of financial sectors (An assessment through economic value added)

    OpenAIRE

    Khan, Muhammad Kamran; Nouman, Mohammad; TENG, JIAN-ZHOU; Khan, Muhammad Imran; Jadoon, Arshad Ullah

    2017-01-01

    This study investigated determinants of financial performance of listed financial sectors in Karachi Stock Exchange from 2008 to 2012. The objective of this study was to investigate the factors of financial performance of financial sectors in Pakistan. Descriptive statistics, Correlation matrix, Chow test, Hausman Test for Fixed Effect Model and Random Effect Model and Breusch-Pagan Lagrange multiplier for Random Effect were used in this study. Estimated results revealed that determinants of ...

  5. Determinants of financial performance of financial sectors (An assessment through economic value added)

    OpenAIRE

    Khan, Muhammad Kamran; Nouman, Mohammad; Imran, Muhammad

    2015-01-01

    This study investigated determinants of financial performance of listed financial sectors in Karachi Stock Exchange for the period 2008 to 2012. The objective of this study was to investigate the factors which affect financial performance of financial sectors of Pakistan. Descriptive statistics, Correlation matrix, Chow test, Hausman Test for Fixed Effect Model and Random Effect Model and Breusch-Pagan Lagrange multiplier for Random Effect were used in this study. Estimated results revealed t...

  6. Estimating Global Impervious Surface based on Social-economic Data and Satellite Observations

    Science.gov (United States)

    Zeng, Z.; Zhang, K.; Xue, X.; Hong, Y.

    2016-12-01

    Impervious surface areas around the globe are expanding and significantly altering the surface energy balance, hydrology cycle and ecosystem services. Many studies have underlined the importance of impervious surface, r from hydrological modeling to contaminant transport monitoring and urban development estimation. Therefore accurate estimation of the global impervious surface is important for both physical and social sciences. Given the limited coverage of high spatial resolution imagery and ground survey, using satellite remote sensing and geospatial data to estimate global impervious areas is a practical approach. Based on the previous work of area-weighted imperviousness for north branch of the Chicago River provided by HDR, this study developed a method to determine the percentage of impervious surface using latest global land cover categories from multi-source satellite observations, population density and gross domestic product (GDP) data. Percent impervious surface at 30-meter resolution were mapped. We found that 1.33% of the CONUS (105,814 km2) and 0.475% of the land surface (640,370km2) are impervious surfaces. To test the utility and practicality of the proposed method, National Land Cover Database (NLCD) 2011 percent developed imperviousness for the conterminous United States was used to evaluate our results. The average difference between the derived imperviousness from our method and the NLCD data across CONUS is 1.14%, while difference between our results and the NLCD data are within ±1% over 81.63% of the CONUS. The distribution of global impervious surface map indicates that impervious surfaces are primarily concentrated in China, India, Japan, USA and Europe where are highly populated and/or developed. This study proposes a straightforward way of mapping global imperviousness, which can provide useful information for hydrologic modeling and other applications.

  7. Performance Estimation and Fault Diagnosis Based on Levenberg–Marquardt Algorithm for a Turbofan Engine

    Directory of Open Access Journals (Sweden)

    Junjie Lu

    2018-01-01

    Full Text Available Establishing the schemes of accurate and computationally efficient performance estimation and fault diagnosis for turbofan engines has become a new research focus and challenges. It is able to increase reliability and stability of turbofan engine and reduce the life cycle costs. Accurate estimation of turbofan engine performance counts on thoroughly understanding the components’ performance, which is described by component characteristic maps and the fault of each component can be regarded as the change of characteristic maps. In this paper, a novel method based on a Levenberg–Marquardt (LM algorithm is proposed to enhance the fidelity of the performance estimation and the credibility of the fault diagnosis for the turbofan engine. The presented method utilizes the LM algorithm to figure out the operating point in the characteristic maps, preparing for performance estimation and fault diagnosis. The accuracy of the proposed method is evaluated for estimating performance parameters in the transient case with Rayleigh process noise and Gaussian measurement noise. The comparison among the extended Kalman filter (EKF method, the particle filter (PF method and the proposed method is implemented in the abrupt fault case and the gradual degeneration case and it has been shown that the proposed method has the capability to lead to more accurate result for performance estimation and fault diagnosis of turbofan engine than current popular EKF and PF diagnosis methods.

  8. MEASURING THE ECONOMIC PERFORMANCE OF TRANSITION ECONOMIES : SOME LESSONS FROM CHINESE EXPERIENCE

    NARCIS (Netherlands)

    Maddison, Angus

    This article quantifies the comparative performance of China in several dimensions. Firstly, it shows that China's move from a command to a market economy was less abrupt and more successful than that of 29 other economies making a similar transition. Secondly, while official estimates show annual

  9. A Panel Estimation of the Relationship Between Trade Liberalization, Economic Growth and CO2 Emissions in BRICS Countries

    Directory of Open Access Journals (Sweden)

    Mehrara Mohsen

    2013-12-01

    Full Text Available In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC, suggests that environmental degradation increases in the early stages of growth, but it eventually decreases as income exceeds a threshold level. However, this paper investigation relationship between per capita CO2 emission, growth economics and trade liberalization based on econometric techniques of unit root test, co-integration and a panel data set during the period 1960-1996 for BRICS countries. Data properties were analyzed to determine their stationarity using the LLC , IPS , ADF and PP unit root tests which indicated that the series are I(1. We find a cointegration relationship between per capita CO2 emission, growth economics and trade liberalization by applying Kao panel cointegration test. The evidence indi\tcates that in the long-run trade liberalization has a positive significant impact on CO2 emissions and impact of trade liberalization on emissions growth depends on the level of income Our findings suggest that there is a quadratic relationship between relationship between real GDP and CO2 emissions for the region as a whole. The estimated long-run coefficients of real GDP and its square satisfy the EKC hypothesis in all of studied countries. Our estimation shows that the inflection point or optimal point real GDP per capita is about 5269.4 dollars. The results show that on average, sample countries are on the positive side of the inverted U curve. The turning points are very low in some cases and very high in other cases, hence providing poor evidence in support of the EKC hypothesis. Thus, our findings suggest that all BRICS countries need to sacrifice economic growth to decrease their emission levels

  10. Estimating the public economic consequences of introducing varenicline smoking cessation therapy in South Korea using a fiscal analytic framework.

    Science.gov (United States)

    Connolly, Mark P; Baker, Christine L; Kotsopoulos, Nikolaos

    2018-06-01

    Smoking gives rise to many cross-sectorial public costs and benefits for government. Costs arise from increased healthcare spending and work-related social benefits, while smoking itself provides significant revenue for government from tobacco taxes. To better understand the public economic impact of smoking and smoking cessation therapies, this study developed a government perspective framework for assessing smoking-attributable morbidity and mortality and associated public costs. This framework includes changes in lifetime tax revenue and health costs, as well as changes in tobacco tax revenue, from fewer smokers. A modified generational accounting framework was developed to assess relationships between smoking-attributable morbidity and mortality and public economic consequences of smoking, including lifetime tax revenue gains/losses, government social transfers, and health spending. Based on the current prevalence of smoking in South Korean males, a cohort model was developed for smokers, former-smokers, and never-smokers. The model simulated the lifetime discounted fiscal transfers for different age cohorts in 5 year age bands, and the return on investment (ROI) from smoking cessation therapy. Former smokers are estimated to generate higher lifetime earnings and direct tax revenues and lower lifetime healthcare costs due to the reduction of smoking-attributable mortality and morbidity compared to smokers, even after accounting for reduced tobacco taxes paid. Based on the costs of public investments in varenicline, this study estimated a ROI from 1.4-1.7, depending on treatment age, with higher ROI in younger cohorts, with an average ROI of 1.6 for those aged less than 65. This analysis suggests that reductions in smoking can generate positive public economic benefits for government, even after accounting for lost tobacco tax revenues. The results described here are likely applicable to countries having similar underlying smoking prevalence, comparable taxation

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

    Directory of Open Access Journals (Sweden)

    Clipa Raluca Irina

    2012-05-01

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

  12. Chemical oil-spill dispersants: evaluation of three laboratory procedures for estimating performance

    International Nuclear Information System (INIS)

    Clayton, J.R.; Marsden, P.

    1992-09-01

    The report presents data from studies designed to evaluate characteristics of selected bench-scale test methods for estimating performance of chemical agents for dispersing oil from surface slicks into an underlying water column. In order to mitigate the effect of surface slicks with chemical dispersant agents, however, an on-scene coordinator must have information and an understanding of performance characteristics for available dispersant agents. Performance of candidate dispersant agents can be estimated on the basis of laboratory testing procedures that are designed to evaluate performance of different agents. Data presented in the report assist in the evaluation of candidate test methods for estimating performance of candidate dispersant agents. Three test methods were selected for evaluating performance: the currently accepted Revised Standard EPA test, Environmental Canada's Swirling Flask test, and the IFP-Dilution test

  13. PERFORMANCE OF THE ZERO FORCING PRECODING MIMO BROADCAST SYSTEMS WITH CHANNEL ESTIMATION ERRORS

    Institute of Scientific and Technical Information of China (English)

    Wang Jing; Liu Zhanli; Wang Yan; You Xiaohu

    2007-01-01

    In this paper, the effect of channel estimation errors upon the Zero Forcing (ZF) precoding Multiple Input Multiple Output Broadcast (MIMO BC) systems was studied. Based on the two kinds of Gaussian estimation error models, the performance analysis is conducted under different power allocation strategies. Analysis and simulation show that if the covariance of channel estimation errors is independent of the received Signal to Noise Ratio (SNR), imperfect channel knowledge deteriorates the sum capacity and the Bit Error Rate (BER) performance severely. However, under the situation of orthogonal training and the Minimum Mean Square Error (MMSE) channel estimation, the sum capacity and BER performance are consistent with those of the perfect Channel State Information (CSI)with only a performance degradation.

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

    International Nuclear Information System (INIS)

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

    2015-01-01

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

  15. Peer influence on students' estimates of performance: social comparison in clinical rotations.

    Science.gov (United States)

    Raat, A N Janet; Kuks, Jan B M; van Hell, E Ally; Cohen-Schotanus, Janke

    2013-02-01

    During clinical rotations, students move from one clinical situation to another. Questions exist about students' strategies for coping with these transitions. These strategies may include a process of social comparison because in this context it offers the student an opportunity to estimate his or her abilities to master a novel rotation. These estimates are relevant for learning and performance because they are related to self-efficacy. We investigated whether student estimates of their own future performance are influenced by the performance level and gender of the peer with whom the student compares him- or herself. We designed an experimental study in which participating students (n = 321) were divided into groups assigned to 12 different conditions. Each condition entailed a written comparison situation in which a peer student had completed the rotation the participant was required to undertake next. Differences between conditions were determined by the performance level (worse, similar or better) and gender of the comparison peer. The overall grade achieved by the comparison peer remained the same in all conditions. We asked participants to estimate their own future performance in that novel rotation. Differences between their estimates were analysed using analysis of variance (ANOVA). Students' estimates of their future performance were highest when the comparison peer was presented as performing less well and lowest when the comparison peer was presented as performing better (p influences students' estimates of their future performance in a novel rotation. The effect depends on the performance level and gender of the comparison peer. This indicates that comparisons against particular peers may strengthen or diminish a student's self-efficacy, which, in turn, may ease or hamper the student's learning during clinical rotations. The study is limited by its experimental design. Future research should focus on students' comparison behaviour in real transitions

  16. Estimation of health and economic costs of air pollution over the Pearl River Delta region in China.

    Science.gov (United States)

    Lu, Xingcheng; Yao, Teng; Fung, Jimmy C H; Lin, Changqing

    2016-10-01

    The Pearl River Delta region (PRD) is the economic growth engine of China and also one of the most urbanized regions in the world. As a two-sided sword, rapid economic development causes air pollution and poses adverse health effects to the citizens in this area. This work estimated the negative health effects in the PRD caused by the four major ambient pollutants (SO2, NO2, O3 and PM10) from 2010 to 2013 by using a log linear exposure-response function and the WRF-CMAQ modeling system. Economic loss due to mortality and morbidity was evaluated by the value of statistical life (VSL) and cost of illness (COI) methods. The results show that the overall possible short-term all-cause mortality due to NO2, O3 and PM10 reached the highest in 2013 with the values being 13,217-22,800. The highest total economic loss, which ranged from 14,768 to 25,305million USD, occurred in 2013 and was equivalent to 1.4%-2.3% of the local gross domestic product. The monthly profile of cases of negative health effects varied by city and the types of ambient pollutants. The ratio of mortality attributed to air pollutants to total population was higher in urban areas than in rural areas. People living in the countryside should consider the possible adverse health effects of urban areas before they plan a move to the city. The results show that the health burden caused by the ambient pollutants over this region is serious and suggest that tighter control policies should be implemented in the future to reduce the level of air pollution. Copyright © 2016 Elsevier B.V. All rights reserved.

  17. Estimating the Total Economic Value of Cultivated Flower Land in Taiwan

    Directory of Open Access Journals (Sweden)

    Chin-Huang Huang

    2015-04-01

    Full Text Available Many arable land areas have been converted to residential or business uses by Taiwan government authorities, because the low farmland value is associated with the low value of agricultural products. However, agriculture is multifunctional. This study investigates farmland value through Total Economic Value (TEV for Tianwei Township, which is Taiwan’s largest floral farmland region. Direct use value measures the floral products’ output value and recreational benefit. Recreational benefit from visitors’ flower sightseeing was measured by the travel cost method (TCM. Option value and non-use value, including bequest value and existence value, measure the residents’ willingness to pay through the double-bounded dichotomous contingent valuation method (CVM. The results show that the total floral products’ output is NT$1.441 billion in 2007, recreational benefit is roughly NT$17.757 billion. The intangible value of option value and non-use values are approximately between NT$5 million to 15 million. Therefore, ignoring various values of farmland might lead to an underestimation of farmland value.

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

    Directory of Open Access Journals (Sweden)

    Antoaneta GOLEMANOVA

    2008-01-01

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

  19. PREPS2 - a PC-based computer program for performing economic analysis of capital projects

    International Nuclear Information System (INIS)

    Blake, M.W.; Brand, D.O.; Chastain, E.T.; Johnson, E.D.

    1990-01-01

    In these times of increased spending to finance new capacity and to meet clean air act legislation, many electric utilities are giving a high priority to controlling capital expenditures at existing generating facilities. Determining the level of capital expenditures which are economically justified is very difficult; units which have higher capacity factors are worth more to the utility. Therefore, the utility can more readily justify higher capital expenditures to improve or maintain reliability and heat rate than on units with lower capacity factors. This paper describes a PC-based computer program (PREPS2) which performs an economic analysis of individual capital projects. The program incorporates tables which describe the worth to the system of making improvements in each unit. This computer program is currently being used by the six Southern Company operating companies to evaluate all production capital projects over $50,000. Approximately 500 projects representing about $300 million are being analyzed each year

  20. Development of rational design technique for frame steel structure combining seismic resistance and economic performance

    International Nuclear Information System (INIS)

    Kato, Motoki; Morishita, Kunihiro; Shimono, Masaki; Chuman, Yasuharu; Okafuji, Takashi; Monaka, Toshiaki

    2015-01-01

    Anti-seismic designs have been applied to plant support steel frames for years. Today, a rational structure that further improves seismic resistance and ensures economic performance is required in response to an increase of seismic load on the assumption of predicted future massive earthquakes. For satisfying this requirement, a steel frame design method that combines a steel frame weight minimizing method, which enables economic design through simultaneous minimization of multiple steel frame materials, and a seismic response control design technology that improves seismic resistance has been established. Its application in the design of real structures has been promoted. This paper gives an overview of this design technology and presents design examples to which this design technology is applied. (author)

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

    International Nuclear Information System (INIS)

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

    2009-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Boldea Monica

    2012-07-01

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

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

    International Nuclear Information System (INIS)

    2006-01-01

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

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

    Science.gov (United States)

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

    2009-09-01

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

  5. Methods for the estimation and economic evaluation of undiscovered uranium endowment and resources

    International Nuclear Information System (INIS)

    1992-01-01

    The present Instruction Manual was prepared as part of a programme of the International Atomic Energy Agency to supply the international uranium community with standard guides for a number of topics related to uranium resource assessment and supply. The quantitative estimation of undiscovered resources and endowments aims at supplying data on potential mineral resources; these data are needed to compare long term projections with one another and to assess the mineral supplies to be obtained from elsewhere. These objectives have relatively recently been supplemented by the concern of land managers and national policy planners to assess the potential of certain lands before the constitution of national parks and other areas reserved from mineral exploration and development. 88 refs, 28 figs, 33 tabs

  6. Application of economic models to estimate the acceptability of a vehicle congestion charge

    Directory of Open Access Journals (Sweden)

    José Carlos Jiménez Serpa

    2017-07-01

    Full Text Available Introduction: Through the study of the problems generated by vehicular traffic congestion during periods of maximum demand, the negative externality of congestion would be assessed using Multinomial Logit, Mixed and econometric models, and willingness to pay through a Pigouvian rate. Objective: In this article, we propose to implement a congestion charge to manage vehicular demand, through the application of declared preference gages and econometric models. Methodology: The study consists of the execution of 6 steps or stages: Background of the problem, Context of study, Methodological Foundations, Specification and estimation of the model, Estimation of the function average cost user and social marginal cost, Results obtained Discussion and report. Results: Analyzing the models obtained from the 2053 observations made through the declared preference surveys, it was observed that in order to discourage the use of the private car, a rate of COP 7000 per vehicle entering the congestion area or area should be charged, which would decrease the Use of Auto Particular in 68.7%, referring to this behavior we can say that the government policies that set the collection of the congestion charge is a policy that does not fit the perception of the users. Conclusions: This research identified the rate that reflects as closely as possible the marginal social cost and the generalized costs of each trip in terms of the impacts on the others. Now if we consider the marginal cost due to congestion, we have that the current demand is excessive, the users enjoy the benefit at a cost of $ 3,100COP, but impose to others a quota of $22,152COP. Finally, it is necessary to strengthen the legal basis with the regulation and creation of a National Vehicle Electronic Identification System, which will allow, in principle, charges for congestion.

  7. OPTICAL CROSS-CORRELATION FILTERS: AN ECONOMICAL APPROACH FOR IDENTIFYING SNe Ia AND ESTIMATING THEIR REDSHIFTS

    International Nuclear Information System (INIS)

    Scolnic, Daniel M.; Riess, Adam G.; Huber, Mark E.; Rest, Armin; Stubbs, Christoper W.; Tonry, John L.

    2009-01-01

    Large photometric surveys of transient phenomena, such as Panoramic Survey Telescope and Rapid Response System and Large Synoptic Survey Telescope, will locate thousands to millions of Type Ia supernova (SN Ia) candidates per year, a rate prohibitive for acquiring spectroscopy to determine each candidate's type and redshift. In response, we have developed an economical approach to identifying SNe Ia and their redshifts using an uncommon type of optical filter which has multiple, discontinuous passbands on a single substrate. Observation of a supernova through a specially designed pair of these 'cross-correlation filters' measures the approximate amplitude and phase of the cross-correlation between the spectrum and a SN Ia template, a quantity typically used to determine the redshift and type of a high-redshift SN Ia. Simulating the use of these filters, we obtain a sample of SNe Ia which is ∼98% pure with individual redshifts measured to σ z = 0.01 precision. The advantages of this approach over standard broadband photometric methods are that it is insensitive to reddening, independent of the color data used for subsequent distance determinations which reduce selection or interpretation bias, and because it makes use of the spectral features its reliability is greater. A great advantage over long-slit spectroscopy comes from increased throughput, enhanced multiplexing, and reduced setup time resulting in a net gain in speed of up to ∼30 times. This approach is also insensitive to host galaxy contamination. Prototype filters were built and successfully used on Magellan with LDSS-3 to characterize three SuperNova Legacy Survey candidates. We discuss how these filters can provide critical information for the upcoming photometric supernova surveys.

  8. Performance of Sayigh's universal formula in the estimation of global solar radiation in Ghana

    International Nuclear Information System (INIS)

    Oduro Afriyie, K.

    1995-10-01

    The performance of Sayigh's universal formula for the estimation of global solar radiation is tested against that of Angstrom-Black model for 13 stations in Ghana, using monthly mean daily global solar radiation averaged over the years 1957-1981. Sayigh's model is found not to perform as credibility as the Angstrom-Black model in the estimation of monthly global solar radiation in Ghana. Of the 156 values of monthly global solar radiation estimated by Sayigh's model, 123 (or 78.8%) had discrepancies of more than 10% with the measured values. The corresponding value for the Angstrom-Black model was 7 (or 4.5%). (author). 5 refs

  9. An attempt for economic estimate of the shutdown of uranium production

    International Nuclear Information System (INIS)

    Jonchev, L.

    1997-01-01

    Uranium ore has been obtained since the end of 30s till 1992. No measures for protection of the environment and restricting the risk for the population during the production have been taken. Among the three possible models of shutting down the most inexpedient from economic point of view has been applied . It meant that the beginning of closing down took place far behind ceasing the production itself and the expenses for restoration were as big as fourteen times more in comparison to the two ones. The investments for prospecting and preparing new resources were lost. The whole process was made extremely inefficiently and unprofessionally. Because of the sudden closing down of production activities there was no enough time for gathering, processing and analyzing of necessary data, even the radioecological and hydro-ecological evaluations were doubtfully reliable. The shutdown of uranium production as worldwide practice takes place considering ALARA (As Low As Reasonably Achievable) principle. The aim is to achieve maximum possible results by minimum investments taking into account the radioecological risk, socially accounted for and psychologically conditioned expenses. There is no statement of the radioecological risk in the preliminary evaluations of the uranium mines in Bulgaria. The investment funds for the period 1992-1996 were about 2.1 bill. leva, (equally allocated for each year) which was about 46.5 mil. US$. Because of inflation process the investments crucially decreased during the last years when most capital-intensive activities had to be carried out - the engineering shutdown and land-reclamations procedures. The biggest share of investments (about 30 mil. US$) was for environmental status maintenance, 2.5 times less (about 13 mil. US$) - for technical shutdown and only 2.1 mil. US$ - for land reclamation. The investments for the shutdown process referred to the whole production obtained were only 2.5 US$/kg U 3 O 8 while the most effective model

  10. Estimating the economic value of counselling services using the contingent valuation method.

    Science.gov (United States)

    Kim, A-Reum; Lee, Sang Min; An, Sunghee

    2017-01-30

    This study aimed to justify the use of the contingent valuation method to elicit the willingness to pay (WTP) for counselling services and to analyse the socio-demographic and psychological factors that influence WTP (through an increase in insurance premiums) for counselling services in South Korea. Regarding WTP for counselling services, the researchers asked 561 participants double-bounded dichotomous choice questions, which is one of the major estimation methods. Two survival analysis models were set up with their corresponding variables to investigate the factors affecting the WTP for an increase in insurance premiums to cover counselling services. The results indicate that a person in South Korea who makes KRW 2,500,000 (USD 2223.21) per month and pays KRW 66,625 (USD 59.25) per month in insurance premiums is willing to pay a roughly 1% premium to receive additional counselling services. The first regression analysis model for WTP showed that pocket money and counselling experience had significant positive effects while gender had a significant negative effect. The second model included four additional psychological factors and the significant effects of gender and counselling experience that had been found in the first model disappeared while only pocket money showed a significant effect on WTP.

  11. The new Nordic diet - consumer expenditures and economic incentives estimated from a controlled intervention

    DEFF Research Database (Denmark)

    Jensen, Jørgen Dejgård; Poulsen, Sanne Kellebjerg

    2013-01-01

    Background: Several studies suggest that a healthy diet with high emphasis on nutritious, low-energy components such as fruits, vegetables, and seafood tends to be more costly for consumers. Derived from the ideas from the New Nordic Cuisine – and inspired by the Mediterranean diet, the New Nordic...... expenditure of the ADD as represented in the unadjusted intervention (ADD-i) amounted to 36.02 DKK for the participants. The daily food expenditure in the unadjusted New Nordic Diet (NND-i) costs 44.80 DKK per day per head, and is hence about 25% more expensive than the Average Danish Diet (or about 17% when...... adjusting for energy content of the diet). Adjusting for price incentives in a real market setting, the estimated cost of the Average Danish Diet is reduced by 2.50 DKK (ADD-m), compared to the unadjusted ADD-i diet, whereas the adjusted cost of the New Nordic Diet (NND-m) is reduced by about 3.50 DKK...

  12. Estimating the Impact of Workplace Bullying: Humanistic and Economic Burden among Workers with Chronic Medical Conditions

    Directory of Open Access Journals (Sweden)

    A. Fattori

    2015-01-01

    Full Text Available Background. Although the prevalence of work-limiting diseases is increasing, the interplay between occupational exposures and chronic medical conditions remains largely uncharacterized. Research has shown the detrimental effects of workplace bullying but very little is known about the humanistic and productivity cost in victims with chronic illnesses. We sought to assess work productivity losses and health disutility associated with bullying among subjects with chronic medical conditions. Methods. Participants (N=1717 with chronic diseases answered a self-administered survey including sociodemographic and clinical data, workplace bullying experience, the SF-12 questionnaire, and the Work Productivity Activity Impairment questionnaire. Results. The prevalence of significant impairment was higher among victims of workplace bullying as compared to nonvictims (SF-12 PCS: 55.5% versus 67.9%, p<0.01; SF-12 MCS: 59.4% versus 74.3%, p<0.01. The adjusted marginal overall productivity cost of workplace bullying ranged from 13.9% to 17.4%, corresponding to Italian Purchase Power Parity (PPP 2010 US$ 4182–5236 yearly. Association estimates were independent and not moderated by concurrent medical conditions. Conclusions. Our findings demonstrate that the burden on workers’ quality of life and productivity associated with workplace bullying is substantial. This study provides key data to inform policy-making and prioritize occupational health interventions.

  13. Estimating the Impact of Workplace Bullying: Humanistic and Economic Burden among Workers with Chronic Medical Conditions.

    Science.gov (United States)

    Fattori, A; Neri, L; Aguglia, E; Bellomo, A; Bisogno, A; Camerino, D; Carpiniello, B; Cassin, A; Costa, G; De Fazio, P; Di Sciascio, G; Favaretto, G; Fraticelli, C; Giannelli, R; Leone, S; Maniscalco, T; Marchesi, C; Mauri, M; Mencacci, C; Polselli, G; Quartesan, R; Risso, F; Sciaretta, A; Vaggi, M; Vender, S; Viora, U

    2015-01-01

    Although the prevalence of work-limiting diseases is increasing, the interplay between occupational exposures and chronic medical conditions remains largely uncharacterized. Research has shown the detrimental effects of workplace bullying but very little is known about the humanistic and productivity cost in victims with chronic illnesses. We sought to assess work productivity losses and health disutility associated with bullying among subjects with chronic medical conditions. Participants (N = 1717) with chronic diseases answered a self-administered survey including sociodemographic and clinical data, workplace bullying experience, the SF-12 questionnaire, and the Work Productivity Activity Impairment questionnaire. The prevalence of significant impairment was higher among victims of workplace bullying as compared to nonvictims (SF-12 PCS: 55.5% versus 67.9%, p bullying ranged from 13.9% to 17.4%, corresponding to Italian Purchase Power Parity (PPP) 2010 US$ 4182-5236 yearly. Association estimates were independent and not moderated by concurrent medical conditions. Our findings demonstrate that the burden on workers' quality of life and productivity associated with workplace bullying is substantial. This study provides key data to inform policy-making and prioritize occupational health interventions.

  14. Estimating the Impact of Workplace Bullying: Humanistic and Economic Burden among Workers with Chronic Medical Conditions

    Science.gov (United States)

    Fattori, A.; Neri, L.; Aguglia, E.; Bellomo, A.; Bisogno, A.; Camerino, D.; Carpiniello, B.; Cassin, A.; Costa, G.; De Fazio, P.; Di Sciascio, G.; Favaretto, G.; Fraticelli, C.; Giannelli, R.; Leone, S.; Maniscalco, T.; Marchesi, C.; Mauri, M.; Mencacci, C.; Polselli, G.; Quartesan, R.; Risso, F.; Sciaretta, A.; Vaggi, M.; Vender, S.; Viora, U.

    2015-01-01

    Background. Although the prevalence of work-limiting diseases is increasing, the interplay between occupational exposures and chronic medical conditions remains largely uncharacterized. Research has shown the detrimental effects of workplace bullying but very little is known about the humanistic and productivity cost in victims with chronic illnesses. We sought to assess work productivity losses and health disutility associated with bullying among subjects with chronic medical conditions. Methods. Participants (N = 1717) with chronic diseases answered a self-administered survey including sociodemographic and clinical data, workplace bullying experience, the SF-12 questionnaire, and the Work Productivity Activity Impairment questionnaire. Results. The prevalence of significant impairment was higher among victims of workplace bullying as compared to nonvictims (SF-12 PCS: 55.5% versus 67.9%, p bullying ranged from 13.9% to 17.4%, corresponding to Italian Purchase Power Parity (PPP) 2010 US$ 4182–5236 yearly. Association estimates were independent and not moderated by concurrent medical conditions. Conclusions. Our findings demonstrate that the burden on workers' quality of life and productivity associated with workplace bullying is substantial. This study provides key data to inform policy-making and prioritize occupational health interventions. PMID:26557692

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

    International Nuclear Information System (INIS)

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

    2009-01-01

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

  16. An effect of downcomer feedwater fraction on steam generator performance with an axial flow economizer

    International Nuclear Information System (INIS)

    Jung, Byung Ryul; Park, Hu Shin; Chung, Duk Muk; Baik, Se Jin

    2000-01-01

    The effects of feedwater flow fraction introduced into the downcomer region have been evaluated in terms of steam generator performance based on the same steam generator thermal output for the Korea Standard Nuclear Power Plant (KSNP) steam generator. The KSNP steam generator design has an integral axial flow economizer which is designed such that most of the feedwater is introduced through the economizer region and only a portion of feedwater through the downcomer region. The feedwater flow introduced into the downcomer region is not normally controlled during the power operation. However, the actual feedwater fraction into the downcomer region may differ from the design flow depending on the as-built system and component characteristics. Investigated in this paper were the downcomer feedwater flow effects on the steam pressure, circulation ratio, internal void fraction and velocity distribution in the tube bundle region at the steady state operation using SAFE and ATHOS3 codes. The results show that the steam pressure increases and the resultant total feedwater flow increases with reducing the downcomer feedwater flow fraction for the same steam generator thermal output. The slight off-design condition of downcomer feedwater flow fraction renders no significant effect on the steam generator performance such as circulation ratios, steam qualities, void fractions and internal velocity distributions. The evaluation shows that the slight off-design downcomer feedwater flow fraction deviation up to ± 5% is acceptable for the steam generator performance

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

    Directory of Open Access Journals (Sweden)

    Fernando Angulo-Brown

    2009-11-01

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

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

    International Nuclear Information System (INIS)

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

    2017-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Riabokin Taras V.

    2017-02-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2009-07-01

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