Product design and business model strategies for a circular economy

NARCIS (Netherlands)

Bocken, N.M.P.; de Pauw, I.C.; Bakker, C.A.; van der Grinten, B.

The transition within business from a linear to a circular economy brings with it a range of practical challenges for companies. The following question is addressed: What are the product design and business model strategies for
companies that want to move to a circular economy model? This paper

THE WORKFORCE AND ITS PRODUCTIVITY IN THE FOOD ECONOMY OF THE EU COUNTRIES

Directory of Open Access Journals (Sweden)

Aldona Mrówczyńska-Kamińska

2013-09-01

Full Text Available The main aim of the article is a comparative analysis of the workforce and its productivity in the food economy of the EU countries in the years 1995 and 2009. The first part of the article analyses the internal structure of the workforce in the food economy and its share in the national economy. In the following part the workforce productivity was estimated, taking into consideration the value of global output and gross value added per employee. The basic source materials used in this study were input-output tables for individual EU countries. The results of the calculations indicate that the internal structure of the workforce in the food economy, its share in the national economy, and the level of the workforce productivity in the EU countries differ considerably. The level of the labour productivity is much higher in the countries of Western and Northern Europe than in the countries of Central and Eastern Europe. It is mainly caused by a structural defect which is due to an excessive workforce in the agricultural sector EU member states.

32 CFR 728.51 - General provisions-the “Economy Act.”

Science.gov (United States)

2010-07-01

... 32 National Defense 5 2010-07-01 2010-07-01 false General provisions-the âEconomy Act.â 728.51 Section 728.51 National Defense Department of Defense (Continued) DEPARTMENT OF THE NAVY PERSONNEL MEDICAL AND DENTAL CARE FOR ELIGIBLE PERSONS AT NAVY MEDICAL DEPARTMENT FACILITIES Beneficiaries of Other Federal Agencies § 728.51 General provisions—th...

MANUFACTURING PRICES, PRODUCTIVITY, AND LABOR COSTS IN 5 ECONOMIES

NARCIS (Netherlands)

VANARK, B

The United States continues to surge ahead of other major industrial economies in terms of lower prices, higher levels of labor productivity, and better unit labor cost performance; while the depreciation of the dollar plays an important role, real productivity gains are important as well.

Could small scale vegetable production contribute to a green economy in South Africa?

CSIR Research Space (South Africa)

Musvoto, Constansia D

2015-02-01

Full Text Available and produces for sale. Some of the practices on these farms are compatible with a green economy, and with interventions that improve alignment with green economy principles, small scale vegetable production could contribute to a green economy and open up...

Equity Prices, Productivity Growth, and the 'New Economy'

DEFF Research Database (Denmark)

Madsen, Jakob Brøchner; Davis, E. Philip

The sharp increase in equity prices over the 1990s was widely attributed to permanently higher productivity growth derived from the New Economy. This paper establishes a rational expectations model of technology innovations and equity prices, which shows that under plausible assumptions...

Pigeons' demand and preference for specific and generalized conditioned reinforcers in a token economy.

Science.gov (United States)

Tan, Lavinia; Hackenberg, Timothy D

2015-11-01

Pigeons' demand and preference for specific and generalized tokens was examined in a token economy. Pigeons could produce and exchange different colored tokens for food, for water, or for food or water. Token production was measured across three phases, which examined: (1) across-session price increases (typical demand curve method); (2) within-session price increases (progressive-ratio, PR, schedule); and (3) concurrent pairwise choices between the token types. Exponential demand curves were fitted to the response data and accounted for over 90% total variance. Demand curve parameter values, Pmax , Omax and α showed that demand was ordered in the following way: food tokens, generalized tokens, water tokens, both in Phase 1 and in Phase 3. This suggests that the preferences were predictable on the basis of elasticity and response output from the demand analysis. Pmax and Omax values failed to consistently predict breakpoints and peak response rates in the PR schedules in Phase 2, however, suggesting limits on a unitary conception of reinforcer efficacy. The patterns of generalized token production and exchange in Phase 3 suggest that the generalized tokens served as substitutes for the specific food and water tokens. Taken together, the present findings demonstrate the utility of behavioral economic concepts in the analysis of generalized reinforcement. © Society for the Experimental Analysis of Behavior.

FEATURES OF THE LOGISTICS MANAGEMENT OF PRODUCTION OF HIGH TECHNOLOGY PRODUCTS IN TURBULENCE CHANGING GLOBAL ECONOMY

Directory of Open Access Journals (Sweden)

Oleg M. Tolmachev

2015-01-01

Full Text Available The subject / topic: The level of development of any country is currently determined by the proportion of high technologies in the GDP. Logistics – the basis for efficient management of modern knowledge-intensive production. Given the adverse conditions in the global economy, greatly enhanced the relevance of the study of logistical aspects in the management of high-tech products.Subject of research: The logistics management of production of high technology products in turbulence changing global economy. In this paper we apply scientific methods: the dialectic, comparisons and analogies, analysis and synthesis, deduction and induction, abstract , logical, historical and retrospective. The purpose of this article is to identify the characteristics and problems of logistics management of production of high technology products in the countries of the Customs Union and the Eastern Partnership. Also consider the role of clusters in the formation of innovation infrastructure in the countries of the Customs Union.Results: As part of the presentation was the author of the present article the urgency of application of CALS-technologies as a tool for organization and information support for the creation, production and operation of the product at the enterprises of the national economy.Conclusions / significance: Management of enterprises in the real sector of the economy in modern conditions should be based on synergies methodological principles of market and state regulation, with increased use of methods focused on the long term. By such methods, in particular, should include the methods of logistic management of production of high technology products. The importance of these technologies has increased steadily, and in modern conditions gets a new quality content that refl ects the phased development plan targeted action to ensure that the desired state of the enterprise as a socio-economic system. This in turn points to the need to ensure that new

Unleashing the Power of the Circular Economy

Energy Technology Data Exchange (ETDEWEB)

Kok, L.; Wurpel, G.; Ten Wolde, A. [IMSA Amsterdam, Amsterdam (Netherlands)

2013-04-15

The concept of circular economy is an economic and industrial system that focuses on the reusability of products and raw materials, reduces value destruction in the overall system and aims at value creation within each tier of the system. This report for Circle Economy (CE) outlines the general direction and concrete steps that must be taken to accomplish a breakthrough to a circular economy. It also provides a knowledge base behind the concept, connecting it to sustainability.

The transition from industrial (traditional to new (information economy

Directory of Open Access Journals (Sweden)

Ilić Bogdan B.

2004-01-01

Full Text Available At the end of 20th century a new economy and a new information society emerged, as a result of achieving the third and the transition to the fourth scientific and technological revolution. The basis of this new economy lies in the transition from the industrial production to the production based on information and technology. The new economy contributes to changing the character of the factors of production, the structure of the value produced the motives of production, the workers’ position (robots replacing slaves etc. Besides labor, capital, land and entrepreneurship, information appears to be the fifth and the most important factor of production. The Internet is becoming the foundation of the new economy and contributes to changing the way people learn and do research, as well as to reducing the burden of administration, changing the way of competition, reducing operating costs crossing national borders and leading to the process of globalization of the world economy into an integral entity. Some basic characteristics of this new economy are the following: the information basis of production, rapid changes of products, flexible production systems, network organization of production, integration, services backed by products, skills and knowledge generalization, education, knowledge and talent becoming the most important factor of the socio-economic growth and development, etc. The new economy leads to a number of advantages when compared to the traditional one. However, it also has a number of negative consequences: pollution indebtedness of underdeveloped countries, widening the gap between the development level of regions, countries and individuals, growing inflation unemployment etc. But the new economy is objectively conditioned and the task of each national economy is to determine the most favorable way of its incorporation into this new economy (globalization.

Equity prices, productivity growth and 'The New Economy'

DEFF Research Database (Denmark)

Madsen, Jakob B.; Davis, E. Philip

2006-01-01

The sharp increase in equity prices over the 1990s was widely attributed to permanently higher productivity growth derived from the New Economy. This article establishes a rational expectations model of technology innovations and equity prices, which shows that under plausible assumptions......, productivity advances can only have temporary effects on the fundamentals of equity prices. Using historical data on productivity of R&D capital, patent capital and fixed capital for 11 OECD countries, empirical evidence gives strong support for the model by suggesting that technological innovations indeed...

Consumer evaluation of imported organic food products in emerging economies in Asia

OpenAIRE

Pedersen, Susanne; Aschemann-Witzel, Jessica; Thøgersen, John

2017-01-01

Consumer evaluation of imported organic food products in emerging economies in Asia Introduction Consumers in emerging economies such as Thailand and China have started to demand organic food products – mainly due to food safety reasons (Ortega, Wang, Wu, & Hong, 2015; Roitner-Schobesberger, Darnhofer, Somsook, & Vogl, 2008; C. L. Wang, Li, Barnes, & Ahn, 2012; O. Wang, De Steur, Gellynck, & Verbeke, 2015). However, since the domestic organic markets are still not well-establi...

Personnel as a Factor of Production in Development of Regional Tourism Economy – a Conceptual Paper

Directory of Open Access Journals (Sweden)

Aleksander Panasiuk

2013-01-01

Full Text Available Tourism economy appears in every sphere of economy: production of goods and services, their division, exchange and consumption; it also occurs in the majority of the national economy branches that directly or indirectly deal with meeting tourist demand. The majority of economic processes in tourism sector are realized by direct tourism economy and its representatives, tourist entrepreneurs. Territorial self- government units and tourist organizations play a significant role in formation of economic processes in tourism sector on the regional and local levels. The classic economy distinguishes three basic production factors: labor, land and capital. In the modern approaches they are completed with the fourth that has different names. Beginning with technical and organizational progress which is a logic extension of coexistence and cooperation of three basic factors, ending with information and knowledge – treated as the most modern factors of production in the so-called new economy. In the totality of activities of tourism economy entities, a special role should be ascribed to the personnel, namely human potential of tourism economy entities.

Economies of scale in biogas production and the significance of flexible regulation

DEFF Research Database (Denmark)

Nielsen, Lise Skovsgaard; Klinge Jacobsen, Henrik

2017-01-01

Biogas production is characterised by economies of scale in capital and operational costs of the plant and diseconomies of scale from transport of input materials. We analyse biogas in a Danish setting where most biogas is based on manure, we use a case study with actual distances, and find...... that the benefits of scale in capital and operational costs dominate the diseconomies of increasing transport distances to collect manure. To boost the yield it is common to use co-substrates in the biogas production. We investigate how costs and income changes, when sugar beet is added in this case study......, and demonstrate that transport cost can be critical in relation to co-substrates. Further we compare the new Danish support for upgraded biogas with the traditional support for biogas being used in Combined Heat and Power production in relation to scale economies. We argue that economies of scale is facilitated...

The Challenges of New Product Development in a Developing Economy

OpenAIRE

M. O. Oduola; A. M. Yakubu

2017-01-01

New Product Development (NPD) involves creating a new product from concept to the market. The product could be entirely new or rebranding. It is a critical focus of any production firm. The increase in volume of new competitive products is an indicator of any fast growing production concern. However the challenges that could affect development of a new product in a developing economy include, but not limited to the following: Inadequate infrastructural facilities, lack of funding, low technol...

FROM CIRCULAR ECONOMY TO BLUE ECONOMY

Directory of Open Access Journals (Sweden)

Iustin-Emanuel, ALEXANDRU

2014-11-01

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

CO2, energy and economy interactions: A multisectoral, dynamic, computable general equilibrium model for Korea

Science.gov (United States)

Kang, Yoonyoung

While vast resources have been invested in the development of computational models for cost-benefit analysis for the "whole world" or for the largest economies (e.g. United States, Japan, Germany), the remainder have been thrown together into one model for the "rest of the world." This study presents a multi-sectoral, dynamic, computable general equilibrium (CGE) model for Korea. This research evaluates the impacts of controlling COsb2 emissions using a multisectoral CGE model. This CGE economy-energy-environment model analyzes and quantifies the interactions between COsb2, energy and economy. This study examines interactions and influences of key environmental policy components: applied economic instruments, emission targets, and environmental tax revenue recycling methods. The most cost-effective economic instrument is the carbon tax. The economic effects discussed include impacts on main macroeconomic variables (in particular, economic growth), sectoral production, and the energy market. This study considers several aspects of various COsb2 control policies, such as the basic variables in the economy: capital stock and net foreign debt. The results indicate emissions might be stabilized in Korea at the expense of economic growth and with dramatic sectoral allocation effects. Carbon dioxide emissions stabilization could be achieved to the tune of a 600 trillion won loss over a 20 year period (1990-2010). The average annual real GDP would decrease by 2.10% over the simulation period compared to the 5.87% increase in the Business-as-Usual. This model satisfies an immediate need for a policy simulation model for Korea and provides the basic framework for similar economies. It is critical to keep the central economic question at the forefront of any discussion regarding environmental protection. How much will reform cost, and what does the economy stand to gain and lose? Without this model, the policy makers might resort to hesitation or even blind speculation. With

Economies of scale in biogas production and the significance of flexible regulation

International Nuclear Information System (INIS)

Skovsgaard, Lise; Jacobsen, Henrik Klinge

2017-01-01

Biogas production is characterised by economies of scale in capital and operational costs of the plant and diseconomies of scale from transport of input materials. We analyse biogas in a Danish setting where most biogas is based on manure, we use a case study with actual distances, and find that the benefits of scale in capital and operational costs dominate the diseconomies of increasing transport distances to collect manure. To boost the yield it is common to use co-substrates in the biogas production. We investigate how costs and income changes, when sugar beet is added in this case study, and demonstrate that transport cost can be critical in relation to co-substrates. Further we compare the new Danish support for upgraded biogas with the traditional support for biogas being used in Combined Heat and Power production in relation to scale economies. We argue that economies of scale is facilitated by the new regulation providing similar support to upgraded biogas fed into the natural gas grid, however in order to keep transport costs low, we suggest that the biogas plants should be allowed to use and combine as many co-substrates as possible, respecting the sustainability criteria regarding energy crops in Danish legislation. - Highlights: • For Denmark we find economies of scale in biogas production based on pure manure. • Adding sugar beet outweigh economy of scale due to increased transport costs. • We investigate the main risks associated with input prices, yield and output prices. • Biogas fed into the gas grid should receive similar support as directly used in CHP. • Regulation should allow large biogas plants with few restrictions on co-substrates.

THE NEW ECONOMY AND THE ECONOMY OF TOURISM

Directory of Open Access Journals (Sweden)

MIRELA MAZILU

2011-01-01

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

Assessment of Concentration in the Economy of Ukraine

Directory of Open Access Journals (Sweden)

Khaustova Viktoriia Ye.

2017-09-01

Full Text Available The article is dedicated to the generalization of theoretical aspects of economic concentration and assessment of concentration in Ukraine’s economy. It is proved that in the world there is a stable trend towards the spread of concentration processes both at the level of economies in general and individual industries and business entities, and it occurs predominantly within TNCs. The main stages of the development of TNCs are considered, and it is shown that modern TNCs are large corporations that are the main players in the market. The genesis of the theory of concentration in economy is considered. The views of scientists on the interpretation of the concept “concentration” are studied. It is proved that it is used in different meanings and with respect to different levels of economy and objects of consideration, and there is a wide diversity of basic criteria that determine the essential signs of this concept. The interpretation of the concept “concentration of the country’s economy” is proposed. The existing approaches to assessment of concentration in economy are analyzed. The trends in the development of concentration processes in Ukraine’s economy and the factors that are determined by them are analyzed. There investigated the distribution of industries of Ukraine’s economy in terms of net income of the largest corporations, dynamics of net income of the largest corporations, dynamics of distribution of industries of Ukraine’s economy in terms of profits of large companies, dynamics of net profit of the largest corporations of the top 10 industries of Ukraine’s economy, dynamics of the GDP of Ukraine and main indicators of the largest national corporations. The concentration of Ukraine’s economy is assessed, and it is determined that the most highly concentrated spheres are production of electronics and computers, the automotive industry, media, production of personal goods and software, provision of business

Process Reengineering of Cold Chain Logistics of Agricultural Products Based on Low-carbon Economy

OpenAIRE

Guo, Hong-xia; Shao, Ming

2012-01-01

Through the process analysis of cold chain logistics of agricultural products, we find that cold chain logistics of agricultural products contradict the development model of low-carbon economy to some extent. We apply the development idea of low-carbon economy, introduce the third-party logistics companies, establish distribution center of cold chain logistics of agricultural products, and strengthen information sharing, to reengineer the process of cold chain logistics of agricultural produc...

Green Economy Performance and Green Productivity Growth in China’s Cities: Measures and Policy Implication

Directory of Open Access Journals (Sweden)

Jianglong Li

2016-09-01

Full Text Available Resource depletion and environmental degradation have become serious challenges for China’s sustainable development. This paper constructs indicators to assess China’s green economy performance and green productivity growth, in which economic expansion, resource conservation and environmental protection need to be incorporated simultaneously. For this purpose, we combine non-radial directional distance function and meta-frontier Malmquist productivity to develop the indicators. The methodology also allows for the decomposition of driving forces of China’s green economy. Moreover, the dataset employed in this paper allows for the evaluation of 275 cities in China during the period 2003–2012. The main findings are as follows. First, most of China’s cities did not perform efficiently in terms of the green economy, with an average score of only 0.233. Second, the growth rate of green productivity is slower than real GDP, and the green productivity growth in China is only moderate. Third, innovation is the main driving force of China’s green productivity growth, but the central region lags behind when it comes to green innovation. Fourth, artificial local protectionism and transport limitations impede the progress of cities that perform ineffectively in the green economy. Based on our empirical findings, we provide policy implications and suggestions for enhancing China’s green economy performance and productivity growth.

The world economy of petroleum products and the strategy of a petroleum company from exporting country: Cases of SONATRACH (Algeria), KPC (Kuwait), PEMEX (Mexico), PDVSA (Venezuela). First volume

International Nuclear Information System (INIS)

Preure, M.

1992-12-01

This thesis contains 2 volumes. In this first volume, the author describes in a first part the world economy of petroleum and natural gas products: Historical aspects and relationships between the different actors; General structure of the world economy of petroleum and gas products and actual trends. In a second part, the relationships between petroleum products, national economic development and problem of technology conservation are studied. The cases of Algeria, Kuwait, Mexico and Venezuela are given. 258 refs., 103 tabs

Climate Change Consequences for Iowa'S Economy, Infrastructure, and Emergency Services

OpenAIRE

Swenson, David A.

2011-01-01

This is Chapter 6 in the state-mandated Regent's institution collaborative report, "Climate Change Impacts on Iowa, 2010: Report to the Governor and the Iowa General Assembly."Iowa's climate is changing, and that means Iowa's economy is changing. A changing Iowa economy will have consequences for agriculture, food production, Iowa's vaunted insurance agency, general energy use, Iowa's households, Iowa governments, and disaster services. This chapter profiles near and longer term consequences ...

Reviving the carbohydrate economy via multi-product lignocellulose biorefineries.

Science.gov (United States)

Zhang, Y-H Percival

2008-05-01

Before the industrial revolution, the global economy was largely based on living carbon from plants. Now the economy is mainly dependent on fossil fuels (dead carbon). Biomass is the only sustainable bioresource that can provide sufficient transportation fuels and renewable materials at the same time. Cellulosic ethanol production from less costly and most abundant lignocellulose is confronted with three main obstacles: (1) high processing costs (dollars /gallon of ethanol), (2) huge capital investment (dollars approximately 4-10/gallon of annual ethanol production capacity), and (3) a narrow margin between feedstock and product prices. Both lignocellulose fractionation technology and effective co-utilization of acetic acid, lignin and hemicellulose will be vital to the realization of profitable lignocellulose biorefineries, since co-product revenues would increase the margin up to 6.2-fold, where all purified lignocellulose co-components have higher selling prices (> approximately 1.0/kg) than ethanol ( approximately 0.5/kg of ethanol). Isolation of large amounts of lignocellulose components through lignocellulose fractionation would stimulate R&D in lignin and hemicellulose applications, as well as promote new markets for lignin- and hemicellulose-derivative products. Lignocellulose resource would be sufficient to replace significant fractionations (e.g., 30%) of transportation fuels through liquid biofuels, internal combustion engines in the short term, and would provide 100% transportation fuels by sugar-hydrogen-fuel cell systems in the long term.

Economies of scope in Danish primary care practices

DEFF Research Database (Denmark)

Kristensen, Troels; Rose Olsen, Kim

2011-01-01

between GP services and overall economies of scope. Data: Cross-section data for a sample of 331 primary care practices with 1-8 GPs from the year 2006. This is a unique combined dataset consisting of survey and register data. Results: We find a trend towards cost complementarities between the production......Aim: We analyze total operating costs and activities in Danish General Practice units to assess whether there are unexploited economies of scope in the production of primary care services. Methods: We apply stochastic frontier analysis to derive cost functions and associated cost complementarities...

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

OpenAIRE

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

2014-01-01

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

The NNP and Sustainability in Open Economy: Highlights on Recent World Economy and on Open Economy of Bangladesh

OpenAIRE

Mohajan, Haradhan

2011-01-01

This paper discusses the theory of the net national product and, emphasizes on social welfare and sustainable accounting in open economy. It is observed that the world economy following an egalitarian path, the aggregate capital gains being positive is equivalent to the interest rate tending to decrease. This is important for the concept of net national product in open economies. Martin Weitzman gives a foundation for net national product as the stationary equivalent of a wealth maximizing pa...

The Political Economy of Productivity: The Case of Chile

OpenAIRE

Patricio Navia; Nicolás Eyzaguirre; Jocelyn Olivari; Ignacio Briones; José Miguel Benavente; Cristóbal Aninat

2010-01-01

This paper analyzes the political economy of productivity-related policymaking in Chile following a political transaction cost model (Spiller and Tommasi, 2003; Murillo et al., 2008). The main findings indicate that i) the Chilean policymaking process (PMP) was successful in the 1990s in implementing productivityenhancing policies, but as the country moved to a higher stage of development, the PMP grew less adept at generating the more complex set of policies needed to increase productivity a...

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

Directory of Open Access Journals (Sweden)

Abul Quasem Al-Amin

2008-10-01

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

Revamping Nigerian Economy through Cassava Production

African Journals Online (AJOL)

Nneka Umera-Okeke

2017-04-28

The main kernel of this paper is on revamping Nigerian economy through cassava .... in his book Action Oriented Process of Indigenous Participatory Network (2000) .... https://www.reference.com/worldnew/national-economy on April 28, 2017.

Oil and the world economy: some possible futures.

Science.gov (United States)

Kumhof, Michael; Muir, Dirk

2014-01-13

This paper, using a six-region dynamic stochastic general equilibrium model of the world economy, assesses the output and current account implications of permanent oil supply shocks hitting the world economy. For modest-sized shocks and conventional production technologies, the effects are modest. But for larger shocks, for elasticities of substitution that decline as oil usage is reduced to a minimum, and for production functions in which oil acts as a critical enabler of technologies, output growth could drop significantly. Also, oil prices could become so high that smooth adjustment, as assumed in the model, may become very difficult.

The Characteristics of Susceptibility of Innovative Products in the Domestic Economy

Directory of Open Access Journals (Sweden)

Zyza Olena O.

2017-03-01

Full Text Available The article is aimed at studying the characteristics of susceptibility of innovative products in the domestic economy. On the example of the mobile communications market, an analysis of the diffusion of innovations and their acceptance in the context of business cycle has been carried out. On the basis of the mentioned analysis has been determined that the difference between the time of invention of a new product or technology and the time of its application, as well as diffusion into the domestic economy, is connected with different trajectories of business cycle. A comparative analysis of competitive advantages in the implementation of innovation in Finland, Switzerland and Ukraine was carried out through the prism of the factors, which determine the competitiveness of innovations, and the factors, which are not conducive to the implementation of entrepreneurial activity. It has been determined that entrepreneurial activity in the leading countries is most hampered by economic factors, and in Ukraine – by social and political factors. The low innovative capacity compared with Finland and Switzerland in the domestic economy is associated with a weak innovation infrastructure.

Analyzing cost efficient production behavior under economies of scope : A nonparametric methodology

NARCIS (Netherlands)

Cherchye, L.J.H.; de Rock, B.; Vermeulen, F.M.P.

2008-01-01

In designing a production model for firms that generate multiple outputs, we take as a starting point that such multioutput production refers to economies of scope, which in turn originate from joint input use and input externalities. We provide a nonparametric characterization of cost-efficient

Generalized product

OpenAIRE

Greco, Salvatore; Mesiar, Radko; Rindone, Fabio

2014-01-01

Aggregation functions on [0,1] with annihilator 0 can be seen as a generalized product on [0,1]. We study the generalized product on the bipolar scale [–1,1], stressing the axiomatic point of view. Based on newly introduced bipolar properties, such as the bipolar increasingness, bipolar unit element, bipolar idempotent element, several kinds of generalized bipolar product are introduced and studied. A special stress is put on bipolar semicopulas, bipolar quasi-copulas and bipolar copulas.

A general equilibrium view of global rebound effects

International Nuclear Information System (INIS)

Wei Taoyuan

2010-01-01

How do energy efficiency gains affect energy consumption? The effects are generally called 'rebound effects' in the literature. Previous studies have extensively focused on only part of the global economy to study rebound effects, e.g. energy consumption by households, one industry, or one country. However, since the global economy is highly connected among countries, these studies may lead to misleading conclusions if the rebound effects in the rest of the economy are significant. Recently Saunders (2008) analyzes the demand side by taking the global economy as a whole. Wei (2007) also provides a general analysis by using Cobb-Douglas production functions for the global economy. The present article expands Wei (2007) general analysis to explore the rebound effects from an economist's viewpoint by taking the global economy as a whole and applying general forms of production functions. The analysis provides new insights related to rebound effects: we highlight the role of energy supply as a determinant of rebound. We show that the substitution between energy resources and other productive resources is more relevant to long term rebound. We predict that long term rebound may be lower than short term rebound. And we also discover that super-conservation can happen in both the short term and the long term.

Labour Protection and Productivity in EU Economies: 1995-2005

Directory of Open Access Journals (Sweden)

Pompei, Fabrizio

2010-12-01

Full Text Available The present study examines cross-national and sectoral differences in multifactor productivity growth in sixteen European countries from 1995 to 2005. The main aim is to ascertain the role of flexible employment contracts and collective labour relationships in explaining the ample differentials recorded in the European economy. We use the EU KLEMS database for growth accounting and a broad set of indicators of labour regulations, covering two distinct 'areas' of labour regulation: employment laws and collective relations laws. This comprehensive approach allows us to consider arrangements that regulate allocation of labour inputs (fixed-term and part-time contracts, hours worked and the payoff and decision rights of employees. We find that, since 1995, European countries have not followed similar patterns of growth. A large number of variations between European economies are caused by marked differentials in multifactor productivity and part of this heterogeneity is caused by sectoral diversities. We show that, in labour-intensive sectors such as services, fixed-term contracts, which imply shorter-term jobs and lower employment tenures, may discourage investment in skills and have detrimental effects on multifactor productivity increases. Employment protection reforms which slacken the rules of fixed-term contracts cause potential drawbacks in terms of low productivity gains. We also find that more stringent regulation of these practices, as well as a climate of collective relations, sustain long-term relationships and mitigate these negative effects

Analyzing Cost Efficient Production Behavior Under Economies of Scope : A Nonparametric Methodology

NARCIS (Netherlands)

Cherchye, L.J.H.; de Rock, B.; Vermeulen, F.M.P.

2006-01-01

In designing a production model for firms that generate multiple outputs, we take as a starting point that such multi-output production refers to economies of scope, which in turn originate from joint input use and input externalities. We provide a nonparametric characterization of cost efficient

Roles Prioritization of Hydrogen Production Technologies for Promoting Hydrogen Economy in the Current State of China

DEFF Research Database (Denmark)

Ren, Jingzheng; Gao, Suzhao; Tan, Shiyu

2015-01-01

Hydrogen production technologies play an important role in the hydrogen economy of China. However, the roles of different technologies played in promoting the development of hydrogen economy are different. The role prioritization of various hydrogen production technologies is of vital importance...... information. The prioritization results by using the proposed method demonstrated that the technologies of coal gasification with CO2 capture and storage and hydropower-based water electrolysis were regarded as the two most important hydrogen production pathways for promoting the development of hydrogen...... for the stakeholders/decision-makers to plan the development of hydrogen economy in China and to allocate the finite R&D budget reasonably. In this study, DPSIR framework was firstly used to identify the key factors concerning the priorities of various hydrogen production technologies; then, a fuzzy group decision...

Sustainable degrowth through more amateur economy

DEFF Research Database (Denmark)

Nørgaard, Jørgen

2010-01-01

(back) from the prof. economy to the amateur economy will be less productive than the prof. economy in terms of output per man hour, but often more 'productive' in generating satisfaction and happiness in the process. Such a shift can create more ultimate benefit (happiness), but less product output......By a simple descriptive model is illustrated how the role of labor input tothe economy will have to revised in a degrowth economy. A destinction is made btween the Professional (GDP) economy, driven by money, and the Amateur economy (voluntary) driven by love. Shifting some economic activities...

Frictions, Persistence, and Central Bank Policy in an Experimental Dynamic Stochastic General Equilibrium Economy

NARCIS (Netherlands)

Noussair, C.N.; Pfajfar, D.; Zsiros, J.

2011-01-01

New Keynesian dynamic stochastic general equilibrium models are the principal paradigm currently employed for central bank policymaking. In this paper, we construct experimental economies, populated with human subjects, with the structure of a New Keynesian DSGE model. We give individuals monetary

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

Science.gov (United States)

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

2009-11-19

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

Performing an Environmental Tax Reform in a regional Economy. A Computable General Equilibrium

NARCIS (Netherlands)

Andre, F.J.; Cardenete, M.A.; Velazquez, E.

2003-01-01

We use a Computable General Equilibrium model to simulate the effects of an Environmental Tax Reform in a regional economy (Andalusia, Spain).The reform involves imposing a tax on CO2 or SO2 emissions and reducing either the Income Tax or the payroll tax of employers to Social Security, and

Energy, economy and equity interactions in a CGE [Computable General Equilibrium] model for Pakistan

International Nuclear Information System (INIS)

Naqvi, Farzana

1997-01-01

In the last three decades, Computable General Equilibrium modelling has emerged as an established field of applied economics. This book presents a CGE model developed for Pakistan with the hope that it will lay down a foundation for application of general equilibrium modelling for policy formation in Pakistan. As the country is being driven swiftly to become an open market economy, it becomes vital to found out the policy measures that can foster the objectives of economic planning, such as social equity, with the minimum loss of the efficiency gains from the open market resource allocations. It is not possible to build a model for practical use that can do justice to all sectors of the economy in modelling of their peculiar features. The CGE model developed in this book focuses on the energy sector. Energy is considered as one of the basic needs and an essential input to economic growth. Hence, energy policy has multiple criteria to meet. In this book, a case study has been carried out to analyse energy pricing policy in Pakistan using this CGE model of energy, economy and equity interactions. Hence, the book also demonstrates how researchers can model the fine details of one sector given the core structure of a CGE model. (UK)

The economy of palm oil production and marketing in Igala land ...

African Journals Online (AJOL)

The economy of palm oil production and marketing in Igala land. ... Palm oil processing and marketing constituted one of the major occupations of the people as men, women and even the young ones ... EMAIL FULL TEXT EMAIL FULL TEXT

Emission policies and the Nigerian economy. Simulations from a dynamic applied general equilibrium model

International Nuclear Information System (INIS)

Nwaobi, Godwin Chukwudum

2004-01-01

Recently, there has been growing concern that human activities may be affecting the global climate through growing atmospheric concentrations of greenhouse gases (GHG). Such warming could have major impacts on economic activity and society. For the Nigerian case, the study uses multisector dynamic applied general equilibrium model to quantify the economy-wide, distributional and environmental costs of policies to curb GHG emissions. The simulation results indicate effectiveness of carbon tax, tradable permit and backstop technology policies in curbing GHG emissions but with distorted economy-wide income distributional effects. However, the model was found to be sensitive to three key exogenous variable and parameters tested: lower GDP growth rate, changed interfuel substitution elasticity and autonomous energy efficiency factor. Unlike the first test, the last two tests only had improved environmental effect but stable economy wide effect. This then suggest that domestic energy conservation measures could be a second best alternative

Knowledge Production in a Cooperative Economy

Science.gov (United States)

Cottey, Alan

2014-01-01

Knowledge here means something similar to but broader than science--it is reliable but not necessarily as systematic or explicit. A cooperative economy is contrasted with the competitive economy that has dominated political thinking almost everywhere for about half a century - the neo-liberal period. It is argued that the neo-liberal ideology and…

The Sharing Economy

OpenAIRE

Reinhold, Stephan; Dolnicar, Sara

2017-01-01

Peer-to-peer accommodation networks in general, and Airbnb in specific, are frequently referred to as part of the sharing economy. This chapter provides an overview of key characteristics of the sharing economy, discusses how these characteristics relate to peer-to-peer accommodation, and positions peer-to-peer accommodation networks within the sharing economy.

Perspectives on Eco Economics. Circular Economy and Smart Economy

Directory of Open Access Journals (Sweden)

Cristina Balaceanu

2017-12-01

Full Text Available The implementation of sustainable development principles in contemporary economic thinking has generated the conceptual remodeling that expresses the new mechanisms of the economy. Thus, the concept of circular economy meet the theoretical representation of an economic system oriented towards the re-use of waste as raw materials and limiting the production of waste that cannot come back into the economic circuit. Circular economy is one that involves even its concept of operation, recovery and regeneration, as much as possible of resources, aiming to preserve, at the highest level, the value and usefulness of products, components and raw materials, distinguishing between technical and biological cycles. In this way, we can find solutions for two major issues affecting today's economy: the limited nature of resources and the pollution generated by the waste resulting from economic activities.

A Dynamic Economy with Costly Price Adjustment

OpenAIRE

Leif Danziger

1998-01-01

This paper studies a general-equilibrium model of a dynamic economy with menu costs. Each firm's productivity is exposed to idiosyncratic and aggregate productivity shocks around a trend, and the money supply to monetary shocks around a trend. All consumption, pricing, and production decisions are based on optimizing behavior. There exists a staggered Markov perfect equilibrium with prices determined by a two-sided (s,S) markup strategy. The paper analyzes the optimal markup strategy and inve...

A.V. CHAYANOV ON THE WAY TO THE THEORY OF NON-CAPITALIST ECONOMY

Directory of Open Access Journals (Sweden)

А А Крамар

2018-12-01

Full Text Available Alexander V. Chayanov (1888-1937 is a famous Russian economist, theorist of the organization of economy, a brilliant representative of the generation of the “golden age” of the economic science in Russia. One of the key elements of his scientific legacy is the theory of non-capitalist forms of economy, and one of its aspects - international agrarian studies of the features of the organization of agriculture in different countries. The organizational-production school developed a theory of labor economy and came close to the general theory of non-capitalist forms of economy; however, its studies were inter-rupted by the repressions of the 1920s. The article considers the international studies of A.V. Chayanov to clarify and develop some findings of the today’s scholars (I.A. Kuznetsov, A.M. Nikulin, T.A. Savinova. The author proposes a new interpretation of the organizational-production school as having a dualistic character. The works of Alexander N. Chelintsev (1874-1962, Nicholay P. Makarov (1886-1980 and other colleagues of A.V. Chayanov from the organizational-production school focused on both theoretical issues such as the fundamental laws of functioning and development of agriculture, and practical issues of scientific management of an individual farm and agriculture in general. The author considers the orga-nizational-production school as dualistic: it studies both theory and management of peasant economy at micro- and macro-levels proceeding from the analysis of the individual farm structure to the issues of the optimal production location and optimal management of ‘a mass of peasant farms’. The system approach to the organization of economy, cooperation, zoning and economic policy developed by the organizational-production school is still relevant for the contemporary use.

Cobb-Douglas production function: the case of a converging economy

Czech Academy of Sciences Publication Activity Database

Hájková, Dana; Hurník, J.

2007-01-01

Roč. 57, 9-10 (2007), s. 465-476 ISSN 0015-1920 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : Cobb- Douglas production function * Czech economy Subject RIV: AH - Economics Impact factor: 0.382, year: 2007 http://journal.fsv.cuni.cz/storage/1088_fau_9_10_2007_00000053.pdf

78 FR 46799 - Use of Market Economy Input Prices in Nonmarket Economy Proceedings

Science.gov (United States)

2013-08-02

...The Department of Commerce (``Department'') is modifying its regulation which states that the Department normally will use the price that a nonmarket economy (``NME'') producer pays to a market economy supplier when a factor of production is purchased from a market economy supplier and paid for in market economy currency, in the calculation of normal value (``NV'') in antidumping proceedings involving NME countries. The rule establishes a requirement that the input at issue be produced in one or more market economy countries, and a revised threshold requiring that ``substantially all'' (i.e., 85 percent) of an input be purchased from one or more market economy suppliers before the Department uses the purchase price paid to value the entire factor of production. The Department is making this change because it finds that a market economy input price is not the best available information for valuing all purchases of that input when market economy purchases of an input do not account for substantially all purchases of the input.

Environmental issues elimination through circular economy

Energy Technology Data Exchange (ETDEWEB)

Špirková, M., E-mail: marta.spirkova@stuba.sk; Pokorná, E.; Šujanová, J.; Samáková, J. [Paulínska 16, 917 24 Trnava, Slovakia, Slovak University of Technology in Bratislava, Faculty of Materials Science and Technology in Trnava (Slovakia)

2016-04-21

Environmental efforts of European Union are currently going towards circular economy. Tools like Extended Producer Responsibility and Eco-design were established. The circular economy deals with resources availability issue on one hand and waste management on the other hand. There are few pioneering companies all over the world with some kind of circular economy practice. Generally the concept is not very wide-spread. The paper aims to evaluate possibility of transition towards circular economy in Slovak industrial companies. They need to have an active approach to material treatment of their products after usage stage. Innovation is another important pre-condition for the transition. Main problem of current cradle to grave system is landfilling of valuable materials after one cycle of usage. Their potential value for next manufacturing cycles is lost. Companies may do not see connection between waste management and material resource prices and volatility of supplies. Municipalities are responsible for municipal waste collection and treatment in Slovakia. The circular economy operates by cradle to cradle principle. Company manages material flow until the material comes back to the beginning of manufacturing process by itself or by another partners. Stable material supplies with quite low costs are provided this way. It is necessary to deal with environmental problems in phase of product design. Questionnaire survey results show on one hand low involvement of industrial companies in waste management area, however on the other hand they are open to environmental innovations in future.

Environmental issues elimination through circular economy

International Nuclear Information System (INIS)

Špirková, M.; Pokorná, E.; Šujanová, J.; Samáková, J.

2016-01-01

Environmental efforts of European Union are currently going towards circular economy. Tools like Extended Producer Responsibility and Eco-design were established. The circular economy deals with resources availability issue on one hand and waste management on the other hand. There are few pioneering companies all over the world with some kind of circular economy practice. Generally the concept is not very wide-spread. The paper aims to evaluate possibility of transition towards circular economy in Slovak industrial companies. They need to have an active approach to material treatment of their products after usage stage. Innovation is another important pre-condition for the transition. Main problem of current cradle to grave system is landfilling of valuable materials after one cycle of usage. Their potential value for next manufacturing cycles is lost. Companies may do not see connection between waste management and material resource prices and volatility of supplies. Municipalities are responsible for municipal waste collection and treatment in Slovakia. The circular economy operates by cradle to cradle principle. Company manages material flow until the material comes back to the beginning of manufacturing process by itself or by another partners. Stable material supplies with quite low costs are provided this way. It is necessary to deal with environmental problems in phase of product design. Questionnaire survey results show on one hand low involvement of industrial companies in waste management area, however on the other hand they are open to environmental innovations in future.

Environmental issues elimination through circular economy

Science.gov (United States)

Špirková, M.; Pokorná, E.; Šujanová, J.; Samáková, J.

2016-04-01

Environmental efforts of European Union are currently going towards circular economy. Tools like Extended Producer Responsibility and Eco-design were established. The circular economy deals with resources availability issue on one hand and waste management on the other hand. There are few pioneering companies all over the world with some kind of circular economy practice. Generally the concept is not very wide-spread. The paper aims to evaluate possibility of transition towards circular economy in Slovak industrial companies. They need to have an active approach to material treatment of their products after usage stage. Innovation is another important pre-condition for the transition. Main problem of current cradle to grave system is landfilling of valuable materials after one cycle of usage. Their potential value for next manufacturing cycles is lost. Companies may do not see connection between waste management and material resource prices and volatility of supplies. Municipalities are responsible for municipal waste collection and treatment in Slovakia. The circular economy operates by cradle to cradle principle. Company manages material flow until the material comes back to the beginning of manufacturing process by itself or by another partners. Stable material supplies with quite low costs are provided this way. It is necessary to deal with environmental problems in phase of product design. Questionnaire survey results show on one hand low involvement of industrial companies in waste management area, however on the other hand they are open to environmental innovations in future.

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

Science.gov (United States)

Montibeler, Everlam Elias; Oliveira, Daniel Ribeiro de

2018-02-01

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

Product services for a resource-efficient and circular economy - A review

NARCIS (Netherlands)

Tukker, A.

2015-01-01

Since the 1990s, Product Service Systems (PSS) have been heralded as one of the most effective instruments for moving society towards a resource-efficient, circular economy and creating a much-needed 'resource revolution'. This paper reviews the literature on PSS in the last decade and compares the

KNOWLEDGE SOCIETY, GENERAL FRAMEWORK FOR KNOWLEDGE BASED ECONOMY

Directory of Open Access Journals (Sweden)

Dragos CRISTEA

2011-03-01

Full Text Available This paper tries to present the existent relation between knowledge society and knowledge based economy. We will identify the main pillars of knowledge society and present their importance for the development of knowledge societies. Further, we will present two perspectives over knowledge societies, respectively science and learning perspectives, that directly affects knowledge based economies. At the end, we will conclude by identifying some important questions that must be answered regarding this new social paradigm.

PROBLEM ASSESSMENT OF THE LEVEL INVESTMENT ACTIVITY IN THE NATIONAL ECONOMY

Directory of Open Access Journals (Sweden)

Tatiana ANDREEVA

2013-01-01

Full Text Available In this article the fundamental importance of the investment sphere, forming of factors of production and defining the competitiveness of the national economy, as well as some of the problems of evaluation of the level of investment made in the national economy, the problems of attracting foreign direct investment, as the most important conditions for sustainable growth of the national economies. The special attention in the article is paid to the methods of factor analysis of the investment climate, as well as the General trends of changes in the business environment, as basic conditions for improving the level of investment activity of the national economy.

Long-run effects of falling cellulosic ethanol production costs on the US agricultural economy

International Nuclear Information System (INIS)

Campiche, Jody L; Bryant, Henry L; Richardson, James W

2010-01-01

Renewable energy production has been expanding at a rapid pace. New advances in cellulosic ethanol technologies have the potential to displace the use of petroleum as a transportation fuel, and could have significant effects on both the agricultural economy and the environment. In this letter, the effects of falling cellulosic ethanol production costs on the mix of ethanol feedstocks employed and on the US agricultural economy are examined. Results indicate that, as expected, cellulosic ethanol production increases by a substantial amount as conversion technology improves. Corn production increases initially following the introduction of cellulosic technology, because producers enjoy new revenue from sales of corn stover. After cellulosic ethanol production becomes substantially cheaper, however, acres are shifted from corn production to all other agricultural commodities. Essentially, this new technology could facilitate the exploitation of a previously under-employed resource (corn stover), resulting in an improvement in overall welfare. In the most optimistic scenario considered, 68% of US ethanol is derived from cellulosic sources, coarse grain production is reduced by about 2%, and the prices of all food commodities are reduced modestly.

Formalization of the General Model of the Green Economy at the Regional Level

Directory of Open Access Journals (Sweden)

Ivan Mikhaylovich Potravny

2016-06-01

Full Text Available The subject-matter of the article is the research of the problems of economic and mathematical modelling of the green economy at the regional level. The purpose of the research is the substantiation and development of economic and mathematical tools for the modelling of economic and ecological systems at the regional level on the basis of the principles of the green economy. The hypothesis of the study is based on the thesis that in the conditions of the resource exhaustion and depletion of natural capital, the technogenic deposits as well as production waste and consumption can be considered as the resource base for modern production, whose use leads to the elimination of accumulated environmental damage and substitution of natural resources. In the article, the approaches to the system modelling problems are considered to develop the green economy at the level of the country and its regions. The relevance of the transition to a green economy is confirmed by the theoretical and practical research in the field of the cyclic development of socio-eco-economic systems. A number of formalized models and methods for solving current environmental-economic issues including the economic valuation of accumulated environmental damage, eco-economic assessment of the efficiency of natural resource substitution with resource-substitute are proposed as well as the choice of an optimal set of resources-substitutes taking into account the financial and natural resource constraints. The standard models of green growth are considered. These models take into account the exhaustion of natural resources, involvement of the resources of technogenic deposits in the economic circulation through the implementation of investment projects on the elimination of accumulated environmental damage. The results of the study may be used in the different regions of the country for the justification and implementation of investment projects in the framework of the Federal Target

Trabalho imaterial, produção cultural colaborativa e economia da dádiva | Immaterial labour, collaborative cultural production and the economy of the gift

Directory of Open Access Journals (Sweden)

Clóvis Ricardo Montenegro de Lima

2009-09-01

Full Text Available Resumo Neste artigo discutem-se as relações entre trabalho imaterial, produção cultural colaborativa e  economia da dádiva na sociedade atual. O intelecto geral é relacionado com a inteligência coletiva das redes digitais. A produção colaborativa emerge como forma privilegiada do fazer artístico e cultural. Esta produção pode contribuir para promoção e preservação da diversidade cultural. A produção cultural colaborativa evidencia pluralismo econômico. A generalização do trabalho imaterial produz bens comuns. O comum cria a versão pós-industrial e de alta tecnologia da economia da dádiva Conclui-se que a cultura colaborativa tem grande potencial para promover diversidade cultural e economia da generosidade. Palavras-chave trabalho imaterial; produção colaborativa; cultura; economia da dádiva; produção cultural colaborativa. Abstract This article discusses the relationship between immaterial labor, collaborative cultural production and gift economy in society today. The general intellect is related to the collective intelligence of digital networks. The collaborative production emerges as the preferred way to artistic and cultural. This production may contribute to promotion and preservation of cultural diversity. The collaborative cultural production highlights pluralism economics. The spread of immaterial labor produces common assets. The common creates a post-industrial and high-tech version of the gift economy. It is concluded that the collaborative culture has great potential to promote cultural diversity and economy of generosity. Keywords immaterial labor; collaborative production; culture; gift economy; collaborative cultural production.

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

International Nuclear Information System (INIS)

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

2015-01-01

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

Production structure and international competition position of the German environmental protection economy; Produktionsstruktur und internationale Wettbewerbsposition der deutschen Umweltschutzwirtschaft

Energy Technology Data Exchange (ETDEWEB)

Legler, Harald; Schasse, Ulrich [Niedersaechsisches Institut fuer Wirtschaftsforschung e.V., Hannover (Germany)

2009-06-15

There exists a connection between the economic structural orientation and international competitiveness on the one hand as well as the environmental political requirements on the other hand. The environmental protection economy fits quite well the profile that Germany is demanded in the international change. Under this aspect, the authors of the contribution under consideration report on the production structure and on the international competition position of the German environmental protection economy. The authors report on (a) the production structure and production dynamics of the environmental protection industry; (b) German environmental protection economy in the international comparison; (c) Goods, building works and services for environmental protection in Germany.

Moneyless Economy

OpenAIRE

Das, Subhendu

2012-01-01

Moneyless economy (MLE) does not have any money in the economy. All products and services are free for all people. This means everybody must work, work for free, and get everything they want for free also. Any work that a society needs is considered legitimate. MLE is not socialism. MLE has the ability to provide a lifestyle that anyone wants. We show that it is possible to run the exact same economy that we have now, in the exact same way, and without money. Any government of any country can...

Social Capital, Economic Growth and Transition Economies

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard

1998-01-01

transactions to take place without third-party enforcement. Theory and lessons from empirical evidence lead to three general recommendations for building social capital in the future: First, the state must withdraw and minimize its role in the economy so to leave room for voluntary organization and free......Summary: What does social capital mean and how can it be built? Social capital is considered as a new production factor which must be added to the conventional concepts of human and physical capital. Social capital is productive because it increases the level of trust in a society and allows more......-trade. Second, state withdrawal should be combined with efforts to increase economic growth and gain popular support for the implementation of reforms. Third, voluntary groups, beneficial to the economy, should not be institutionalized to prevent them from turning into harmful rent-seeking groups....

Exploring the connections between green economy and informal economy in South Africa

Directory of Open Access Journals (Sweden)

Suzanne Smit

2015-11-01

Full Text Available The notion of an inclusive green economy in the context of sustainable development and poverty eradication requires an approach that engages with the informal economy. However, the informal economy is generally ignored or undervalued in discussions on the green economy. This paper set out to bolster this argument by identifying the ways in which the green economy and the informal economy may be connected by establishing the extent to which policies and plans relating to green economy connect with the informal economy, and recognising several informal green activities. The barriers and opportunities for connecting the two spheres were also explored as well as possible ways in which such activities may be supported at different levels of organisation. In the case of South Africa, many informal green activities that contribute to sustainable livelihoods are recognised. However, issues pertaining to procedure, process and participation hinder the transition to a truly inclusive green economy.

SOCIAL ECONOMY EFFICIENCY

Directory of Open Access Journals (Sweden)

Florina Oana Virlanuta

2015-05-01

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

The food industry and provincial economies.

Science.gov (United States)

Walsh, Greg; Li, Duo

2004-01-01

This paper discusses the significance of the food industry for the Zhejiang provincial economy and for provincial economies generally. It is suggested that the strong ties between the food industry and provincial economies in China means that the food industry can be a key influence in the economic development of regional China. Moreover, the geographically diffuse nature of the food industry in China gives the industry a strategic significance in countering regional inequality within and between provinces, a by-product of China's rapid growth over the past 25 years. For these reasons, change in the food industry, whether it has its origins in the introduction of western fast foods, or in environmental, technological or economic trends, not only assumes significance for the health of the Chinese people (as other papers presented to the International Cuisine and Health Workshop at Hangzhou have pointed out), but also for the wealth of the nation and the way that wealth is distributed.

The circular economy of seaweed as nutrient management instrument for biobased production

DEFF Research Database (Denmark)

Thomsen, Marianne; Seghetta, Michele; Bruhn, Annette

portfolio (processing and cascade utilization) are needed for a seaweed biorefinery industry to become economically viable. The break-even point for the MAB3 EP biorefinery system is obtained by an increase in the seaweed productivity of a factor 2 to 4. Development of seaweed cultivation technology......A comparative analysis of the environmental and economic performance of seaweed production and biorefinery systems were modelled within the project MAB3 (www.mab3.dk). A framework for integrated sustainability modelling of the circular economy of offshore seaweed production and biorefinery systems...

Youth and the New Economy=Les jeunes et la nouvelle economie.

Science.gov (United States)

Community Perspectives Series, 2002

2002-01-01

This Community Perspective Series document includes statements about young people in the new economy of Toronto made by three participants in the October 2000 annual general meeting of the Toronto Training Board. "A Hitchhiker's Guide to the New Economy" (Olivia Chow) suggests that training programs available to young people are…

Sector- and economy-wide effects of terminating the use of anti-microbial growth promoters in Denmark

DEFF Research Database (Denmark)

Jacobsen, Lars-Bo; Jensen, Hans Grinsted; Lawson, Lartey

2006-01-01

calculates economy-wide effects of the removal of AGP using the Agricultural Applied General Equilibrium (AAGE) model of the Danish economy. The results show that the long-term effects are a moderate decline in the production and export of pig meat, and a positive indirect effect on other industries...

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

International Nuclear Information System (INIS)

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

2016-01-01

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

Economy in utilizing electron beam accelerators

International Nuclear Information System (INIS)

Takahashi, Masao

1980-01-01

As the typical industrialized processes using electron beam irradiation, the following items may be given: the manufacture of cables covered with cross-linking polyethylene or PVC, heat-contracting material, cross-linking polyethylene foam, etc., and the curing of coatings or surface finishes. The results of investigating economy in these processes are described. First, the running cost of electron beam irradiation equipments is calculated. The result shows that, in general, the unit cost of the equipments becomes small with increasing output, therefore the selection of large power equipments may be advantageous for economy. Other important factors concerning the equipments are the reliability and lifetime which are being improved every year and the improvement of the operational efficiency of the equipments. Next, the comparison of cost was made for each industrialized process of the cables covered with cross-linking polyethylene, polyethylene foam, and the curing of coatings. In general, the processing cost is smaller and the depreciation cost is larger in electron beam irradiation process as compared with conventional processes. In addition, since the productive capacity is larger in electron beam process it is preponderant when the amount of production is large. In the industrialized examples, unique processes or features which are not obtainable by other methods are attained. (Wakatsuki, Y.)

The consequences of product markets globalization for Ukraine’s national economy

Directory of Open Access Journals (Sweden)

Ivashchenko Maryna

2016-04-01

Full Text Available The features of global commodity markets have been considered in the article. The purpose of the article is to identify the sources and consequences of commodity markets globalization observable in the world economy and to develop the recommendations as for the state and corporate governance in the context of global competition. The author’s attention is paid to transnational corporations that make up the most significant competition in the global commodity markets. The influence of transnational business on product markets has been investigated. The last is defined as a product of globalization on the one hand, and becomes a catalyst of globalization processes on the other hand. Also the place of Ukraine in global ratings has been traced. It has been proved that the most effective way of behavior of Ukrainian enterprises on the global commodity markets among all the possible variants is the way of innovation development. Despite the reduction of the government regulatory role in the global economy it has been recommended the adoption of effective management decisions to support of the domestic producers but not at the expense of a healthy global competition.

LARGE-SCALE PRODUCTION OF HYDROGEN BY NUCLEAR ENERGY FOR THE HYDROGEN ECONOMY

International Nuclear Information System (INIS)

SCHULTZ, K.R.; BROWN, L.C.; BESENBRUCH, G.E.; HAMILTON, C.J.

2003-01-01

OAK B202 LARGE-SCALE PRODUCTION OF HYDROGEN BY NUCLEAR ENERGY FOR THE HYDROGEN ECONOMY. The ''Hydrogen Economy'' will reduce petroleum imports and greenhouse gas emissions. However, current commercial hydrogen production processes use fossil fuels and releases carbon dioxide. Hydrogen produced from nuclear energy could avoid these concerns. The authors have recently completed a three-year project for the US Department of Energy whose objective was to ''define an economically feasible concept for production of hydrogen, by nuclear means, using an advanced high-temperature nuclear reactor as the energy source''. Thermochemical water-splitting, a chemical process that accomplishes the decomposition of water into hydrogen and oxygen, met this objective. The goal of the first phase of this study was to evaluate thermochemical processes which offer the potential for efficient, cost-effective, large-scale production of hydrogen and to select one for further detailed consideration. The authors selected the Sulfur-Iodine cycle, In the second phase, they reviewed all the basic reactor types for suitability to provide the high temperature heat needed by the selected thermochemical water splitting cycle and chose the helium gas-cooled reactor. In the third phase they designed the chemical flowsheet for the thermochemical process and estimated the efficiency and cost of the process and the projected cost of producing hydrogen. These results are summarized in this paper

Food security, wheat production and policy in South Africa: Reflections on food sustainability and challenges for a market economy

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Francois de Wet

2018-01-01

Full Text Available The traditional concept of security has broadened over the past decades. Food security in South Africa is an imperative for human and non-human survival. In the contemporary political economy, there is a real nexus between globalisation, exploitation, the state, scarcity of resources, the market, peoples’ need to feel secure, notions of state responsibility and food production. Political economy and human security in theoretical debates and face-to-face politics are intrinsically linked. The notion of a ‘secure community’ changed. Food security and the right to quality living became a social imperative. Understanding current agricultural economics requires the ability to link security and access to food for all. In this case study, wheat production in South Africa is addressed against the interface of the global and the local including South Africa’s transition to a democratic and constitutional state with a Bill of Rights. The current security approach represents a more comprehensive understanding of what security is meant to be and include, amongst others, housing security, medical security, service delivery and food security, as set out in the Millennium Development Goals and the subsequent Sustainable Development Goals. The issue of food security is addressed here with particular reference to wheat production, related current government policies and the market economy. The authors chose to limit their socio-economic focus to a specific sector of the agricultural market, namely wheat, rather than discuss food security in South Africa in general. Wheat was chosen as a unit of analysis because as a crop, wheat used in bread is one of the staples for the majority of South Africans and given the current negative economic developments, wheat as a staple is likely to remain integral, if not increasing its status of dependability

CURRENT TRENDS IN THE KNOWLEDGE ECONOMY

Directory of Open Access Journals (Sweden)

Ciprian Ionel HRETCANU

2015-07-01

Full Text Available In this paper we discuss various aspects of the current economy known as the knowledge economy. Also we will review two indicators of this new economy, because these indicators presents a general plan on access, use and degree of diffusion of knowledge. Then, based on these indicators and taking into account other aspects, we outline the structure relations between "new economy" and "digital economy". Finally we present the main types of business existing in the digital economy.

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

International Nuclear Information System (INIS)

Ko, Jong-Hwan.

1993-01-01

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

Economies of vertical integration in the Swiss electricity sector

Energy Technology Data Exchange (ETDEWEB)

Fetz, Aurelio; Filippini, Massimo [Department of Management, Technology and Economics, ETH Zurich (Switzerland); Department of Economics, University of Lugano (Switzerland)

2010-11-15

Over the last two decades, several European nations have introduced reforms to their electricity sector. Generally, these reforms require a legal and functional unbundling of vertically integrated companies. These unbundling processes may reduce the possibilities that exist to fruitfully exploit the advantages of vertical integration. The goal of this paper is to empirically analyze the presence of economies of scale and vertical integration in the Swiss electricity sector. Economies of vertical integration between electricity production and distribution result from reduced transaction costs, better coordination of highly specific and interdependent investments and less financial risk. Different econometric specifications for panel data, including a random effects and a random-coefficients model, have been used to estimate a quadratic multi-stage cost function for a sample of electricity companies. The empirical results reflect the presence of considerable economies of vertical integration and economies of scale for most of the companies considered in the analysis. Moreover, the results suggest a variation in economies of vertical integration across companies due to unobserved heterogeneity. (author)

Approaches about the social and solidarity economy

Directory of Open Access Journals (Sweden)

Odalys Labrador Machín

2017-12-01

Full Text Available The topic of the Social and Solidarity Economy, from its own emergence, has been approached by diverse authors, closely associated to this debate divergent points of view have arisen, become the theoretical and methodological references of this definition, as a basis for its practical realization, in a context in which neoliberal globalization has conditioned the search for viable alternatives to alleviate the contradictions it generates. Although, generally speaking, the Social and Solidarity Economy is understood as the interrelation of companies and participative associative organizations, constituted by cooperatives, mutuals, savings banks, employee funds, community enterprises, associations, dedicated to production, distribution and consumption of goods and services, non-profit and in solidarity. The different places and contexts in which it develops, gives this sector particularities and, therefore, the need for a broad and divergent analysis. The present work proposes an evaluation of different criteria about the Social and Solidarity Economy in the current international context.

[VOCs tax policy on China's economy development].

Science.gov (United States)

Liu, Chang-Xin; Wang, Yu-Fei; Wang, Hai-Lin; Hao, Zheng-Ping; Wang, Zheng

2011-12-01

In this paper, environmental tax was designed to control volatile organic compounds (VOCs) emissions. Computable general equilibrium (CGE) model was used to explore the impacts of environmental tax (in forms of indirect tax) on the macro-economy development at both national and sector levels. Different levels of tax were simulated to find out the proper tax rate. It is found out that imposing environmental tax on high emission sectors can cause the emission decreased immediately and can lead to negative impacts on macro-economy indicators, such as GDP (gross domestic products), total investment, total product and the whole consumption etc. However, only the government income increased. In addition, the higher the tax rate is, the more pollutants can be reduced and the worse economic effects can be caused. Consequently, it is suggested that, the main controlling policies of VOCs abatement should be mandatory orders, and low environmental tax can be implemented as a supplementary.

Unravelling the argument for bioenergy production in developing countries: A world-economy perspective

OpenAIRE

Kuchler, Magdalena

2010-01-01

This paper offers a critical look at how energy security-, food and agriculture-, and climate change-oriented international organizations frame biomass energy production in developing countries, in particular, ethanol production in Brazil. Using the world-economy system as a theoretical lens, the paper raises a concern as to whether the way these global institutions frame bioenergy's role in developing regions manifests energy and ecological inequalities between the core and the periphery, as...

Single/total-economy aspects of production and utilization of energy from renewable raw materials

Energy Technology Data Exchange (ETDEWEB)

Meinhold, K

1982-01-01

''Biosprit (biologically produced gasohol) can compete with synthetically produced ethanol for use in commerce and industries but not fully so with petrol due to the present refinery selling prices. Nevertheless, a 10% admixture will increase the price of one litre of petrol only slightly. If the consumer is not meant to cover this price increase, it could be covered by a small proportion of those expenditures which will be saved through a changeover to biogasohol production and which have been payed for necessary export refunding so far. Even at present, there is a considerable benefit involved for the overall national economy if there was a changeover to biogasohol production. In terms of total economy, transitional or initial subsidization would be just as justified as it is with initial promotion by the government with the introduction of new technologies.

General Education vs. Vocational Training: Evidence from an Economy in Transition. NBER Working Paper No. 14155

Science.gov (United States)

Malamud, Ofer; Pop-Eleches, Cristian

2008-01-01

This paper examines the relative benefits of general education and vocational training in Romania, a country which experienced major technological and institutional change during its transition from Communism to a market economy. To avoid the bias caused by non-random selection, we exploit a 1973 educational reform that shifted a large proportion…

Economic fluctuations in a small economy with two productive sectors under a floating exchange rate regime

Directory of Open Access Journals (Sweden)

José Ustorgio Mora Mora

2013-06-01

Full Text Available This paper presents a theoretical model of aggregate supply and demand in a small economy with two productive sectors, under a flexible exchange regime and imperfect capital mobility. Only one of the production sectors is assumed to produce an exportable commodity sold at world market prices, while the production of the other sector is assumed to supply the domestic market. This model helps to explain how the impact of both domestic (economic policy, productivity, etc. and foreign (changes in exchange terms shocks is spread. In every case studied, results show that real output increases consistently with those cases postulated by economic theory. Conversely, the effects on the price level, the exchange rate and the real interest rate are ambiguous. In terms of domestic shocks, fiscal or monetary policy may be seen as a way to stabilize or stimulate the economy but the costs involved raise the price level.

Global impacts of U.S. bioenergy production and policy: A general equilibrium perspective

Science.gov (United States)

Evans, Samuel Garner

The conversion of biomass to energy represents a promising pathway forward in efforts to reduce fossil fuel use in the transportation and electricity sectors. In addition to potential benefits, such as greenhouse gas reductions and increased energy security, bioenergy production also presents a unique set of challenges. These challenges include tradeoffs between food and fuel production, distortions in energy markets, and terrestrial emissions associated with changing land-use patterns. Each of these challenges arises from market-mediated responses to bioenergy production, and are therefore largely economic in nature. This dissertation directly addresses these opportunities and challenges by evaluating the economic impacts of U.S. bioenergy production and policy, focusing on both existing and future biomass-to-energy pathways. The analysis approaches the issue from a global, economy-wide perspective, reflecting two important facts. First, that large-scale bioenergy production connects multiple sectors of the economy due to the use of agricultural land resources for biomass production, and competition with fossil fuels in energy markets. Second, markets for both agricultural and energy commodities are highly integrated globally, causing domestic policies to have international effects. The reader can think of this work as being comprised of three parts. Part I provides context through an extensive review of the literature on the market-mediated effects of conventional biofuel production (Chapter 2) and develops a general equilibrium modeling framework for assessing the extent to which these phenomenon present a challenge for future bioenergy pathways (Chapter 3). Part II (Chapter 4) explores the economic impacts of the lignocellulosic biofuel production targets set in the U.S. Renewable Fuel Standard on global agricultural and energy commodity markets. Part III (Chapter 5) extends the analysis to consider potential inefficiencies associated with policy

Mobilizing the regional eco-economy: evolving webs of agri-food and rural development in the UK

OpenAIRE

Terry Marsden

2010-01-01

The paper traces the emergence of the regional eco-economy with reference to a new conceptual model called the rural web. These webs are embedded into the fabric of regional systems of production and consumption and provide a key driver for both rural development generally and eco-economic development more specifically. Relocalized agri-food networks are playing a key integrating role in mobilizing the web and the regional eco-economy more generally. The web concept is used to (i) assess the ...

Some Remarks on the Effects of Productivity on Growth

Directory of Open Access Journals (Sweden)

Zsolt Gilányi

2007-07-01

Full Text Available Standard economic models predict that a ceteris paribus increase in the overall productivity results in an increased production if the economy departs from an equilibrium state. We show that this result is valid under specific conditions In other cases, even if the initial conditions of an economic system are so that the economy converges into (or starts from an equilibrium state, the increase of overall productivity generally results, in the long run, in the collapse of the economy due to the unbalanced change in the money holdings. Hence, in general, an appropriate expansive monetary policy should accompany the increase of productivity.

The Consumer Production Journey: Marketing to Consumers as Co-Producers in the Sharing Economy

NARCIS (Netherlands)

B.G.C. Dellaert (Benedict)

2018-01-01

textabstractNew digital technologies not only support consumers in better fulfilling their own consumption needs, but also enable them to create greater value for other consumers. These new consumer co- production activities, collectively referred to as the sharing economy, require firms to rethink

The Collaborative Economy

DEFF Research Database (Denmark)

Avital, Michel; Andersson, Magnus; Nickerson, Jeffrey

2014-01-01

An economy based on the exchange of capital, assets and services between individuals has grown significantly, spurred by proliferation of internet-based platforms that allow people to share underutilized resources and trade with reasonably low transaction costs. The movement toward this economy...... of “sharing” translates into market efficiencies that bear new products, reframe established services, have positive environmental effects, and may generate overall economic growth. This emerging paradigm, entitled the collaborative economy, is disruptive to the conventional company-driven economic paradigm...... as evidenced by the large number of peer-to-peer based services that have captured impressive market shares sectors ranging from transportation and hospitality to banking and risk capital. The panel explores economic, social, and technological implications of the collaborative economy, how digital technologies...

Production of biofuels and biomolecules in the framework of circular economy: A regional case study.

Science.gov (United States)

Jacquet, Nicolas; Haubruge, Eric; Richel, Aurore

2015-12-01

Faced to the economic and energetic context of our society, it is widely recognised that an alternative to fossil fuels and oil-based products will be needed in the nearest future. In this way, development of urban biorefinery could bring many solutions to this problem. Study of the implementation of urban biorefinery highlights two sustainable configurations that provide solutions to the Walloon context by promoting niche markets, developing circular economy and reducing transport of supply feedstock. First, autonomous urban biorefineries are proposed, which use biological waste for the production of added value molecules and/or finished products and are energetically self-sufficient. Second, integrated urban biorefineries, which benefit from an energy supply from a nearby industrial activity. In the Walloon economic context, these types of urban biorefineries could provide solutions by promoting niche markets, developing a circular economy model, optimise the transport of supply feedstock and contribute to the sustainable development. © The Author(s) 2015.

Microalgal hydrogen production: prospects of an essential technology for a clean and sustainable energy economy.

Science.gov (United States)

Bayro-Kaiser, Vinzenz; Nelson, Nathan

2017-09-01

Modern energy production is required to undergo a dramatic transformation. It will have to replace fossil fuel use by a sustainable and clean energy economy while meeting the growing world energy needs. This review analyzes the current energy sector, available energy sources, and energy conversion technologies. Solar energy is the only energy source with the potential to fully replace fossil fuels, and hydrogen is a crucial energy carrier for ensuring energy availability across the globe. The importance of photosynthetic hydrogen production for a solar-powered hydrogen economy is highlighted and the development and potential of this technology are discussed. Much successful research for improved photosynthetic hydrogen production under laboratory conditions has been reported, and attempts are underway to develop upscale systems. We suggest that a process of integrating these achievements into one system to strive for efficient sustainable energy conversion is already justified. Pursuing this goal may lead to a mature technology for industrial deployment.

INTEGRATION OF TRADE AND DISINTEGRATION OF PRODUCTION IN THE GLOBAL ECONOMY

OpenAIRE

Robert Feenstra

2003-01-01

The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, in which manufacturing or services activities done abroad are combined with those performed at home. The author compares several different measures of foreign outsourcing and argues that they have all increased since the 1970s. He also considers the implications of globalization for employ...

Inefficient equilibria in transition economy

Directory of Open Access Journals (Sweden)

Sergei Guriev

1999-01-01

Full Text Available The paper studies a general equilibrium in an economy where all market participants face a bid-ask spread. The spread may be caused by indirect business taxes, middlemen rent-seeking, delays in payments or liquidity constraints or price uncertainty. Wherever it comes from the spread causes inefficiency of the market equilibrium. We discuss some institutions that can decrease the inefficiency. One is second currency (barter exchange in the inter-firm transactions. It is shown that the general equilibrium in an economy with second currency is effective though is still different from Arrow–Debreu equilibrium. Another solution can be introduction of mutual trade credit. In the economy with trade credit there are multiple equilibria that are more efficient than original bid-ask spread but still not as efficient as Arrow–Debreu one, too. The implications for firms' integration and applicability to Russian economy are discussed.

De Nederlandse economie tijdens de Tweede Wereldoorlog bekeken vanuit een Vlaams/Belgisch perspectief

Directory of Open Access Journals (Sweden)

E. Buyst

2004-01-01

Full Text Available H.A.M. Klemann, Nederland 1938-1948. Economie en samenleving in jaren van oorlog en bezettingThe Netherlands economy during World War II viewed from a Flemish/Belgian perspectiveHein Klemann’s book provides a general overview of the performance of the Dutch economy during World War II. It also deals with exploitation by the German war machine, production for the black market, price controls, and monetary and fiscal policies. The reconstructed macro-economic data, such as the evolution of real wages, is sometimes prone to serious methodological flaws. For other variables, such as agricultural production in 1945 and international trade, it is clear that more research is necessary to produce reliable indicators. Despite these critical remarks, Klemann’s book offers a valuable synthesis, and other countries, such as Belgium, can use it as a source of inspiration.

Foreword. The Knowledge Economy: The Present Future

Directory of Open Access Journals (Sweden)

Constantin Bratianu

2017-12-01

Full Text Available All the statistics and evaluations show that the Knowledge Economy is our future. However, a close look at the developed economies demonstrates that the Knowledge Economy is already here, shaping our present time. Although there are many definitions of this new economic framework, their core content stresses the importance of data, information, and knowledge in the production of goods and delivering services in creating value for society. For instance, Powell and Snellman (2004, p.1999 define the knowledge economy as “production and services based on knowledge-intensive activities that contribute to an accelerated pace of technical and scientific advance, as well as a rapid obsolescence. The key component of the knowledge economy is a greater reliance on intellectual capabilities than on physical inputs or natural resources”. In the knowledge economy, knowledge becomes a strategic resource (Davenport & Prusak, 2000; Nonaka & Takeuchi, 1995 and knowledge strategies contribute directly to the competitive advantage (Bratianu & Bolisani, 2015. In this new economy, data, information, and knowledge are the driving forces of development and the knowledge economy is the engine of the global economy growth...

The Political Economy of Capital Income and Profit Taxation in a Small Open Economy

NARCIS (Netherlands)

Huizinga, H.P.; Nielsen, S.B.

1996-01-01

This paper considers the political economy of the mix of profit, investment and saving taxation in a small open economy where agents generally differ in their shares of profit and other income.In this setting, capital income taxation can have the dual role of financing government spending and of

New Product Development in an Emerging Economy: Analysing the Role of Supplier Involvement Practices by Using Bayesian Markov Chain Monte Carlo Technique

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Kanagi Kanapathy

2014-01-01

Full Text Available The research question is whether the positive relationship found between supplier involvement practices and new product development performances in developed economies also holds in emerging economies. The role of supplier involvement practices in new product development performance is yet to be substantially investigated in the emerging economies (other than China. This premise was examined by distributing a survey instrument (Jayaram’s (2008 published survey instrument that has been utilised in developed economies to Malaysian manufacturing companies. To gauge the relationship between the supplier involvement practices and new product development (NPD project performance of 146 companies, structural equation modelling was adopted. Our findings prove that supplier involvement practices have a significant positive impact on NPD project performance in an emerging economy with respect to quality objectives, design objectives, cost objectives, and “time-to-market” objectives. Further analysis using the Bayesian Markov Chain Monte Carlo algorithm, yielding a more credible and feasible differentiation, confirmed these results (even in the case of an emerging economy and indicated that these practices have a 28% impact on variance of NPD project performance. This considerable effect implies that supplier involvement is a must have, although further research is needed to identify the contingencies for its practices.

MARKETING IMPLICATION IN WINE ECONOMY

Directory of Open Access Journals (Sweden)

Ştefan MATEI

2014-11-01

Full Text Available The wine, a very complex product in viticulture, has proved its tremendous importance not only to the individual but rational nutrition and increasing national income of a country cultivators (evidenced by the upward trend of the share of crop production horticulture and viticulture in the global economy agricultural. More interesting is, given the continued growth in the number of scientific publications and their quality (at least since the 1980s - where "wine" is the centerpiece of these studies - we can not but be witnessing a growing interest more to this "potion" and found that the growing popularity of wine in the science reveals the emergence of a new academic field, ie "wine economy" (or wine-economy. This study aims to make a foray into "wine economy" and to outline some of the implications of marketing in this area.

Global Impact of Energy Use in Middle East Oil Economies: A Modeling Framework for Analyzing Technology-Energy-Environment-Economy Chain

OpenAIRE

Hodjat Ghadimi

2007-01-01

To explore choices of improving energy efficiency in energy-rich countries of the Middle East, this study lays out an integrated modeling framework for analyzing the technology-energy-environment-economy chain for the case of an energy exporting country. This framework consists of an input output process-flow model (IOPM) and a computable general equilibrium (CGE) model. The former investigates the micro-level production processes and sectoral interdependencies to show how alternative technol...

Entrepreneurship in the network economy

NARCIS (Netherlands)

Velthuijsen, Hugo; de Graaf, Frank Jan; Zhang, Henry; Zhao, Ruimei

2009-01-01

The network economy typically signifies a notion from the information society where new products and services are developed by collaborating individuals and/or businesses organised in virtual networks. The network economy has important characteristics in common with Northern European governance

Hydrogen economy

Energy Technology Data Exchange (ETDEWEB)

Pahwa, P.K.; Pahwa, Gulshan Kumar

2013-10-01

In the future, our energy systems will need to be renewable and sustainable, efficient and cost-effective, convenient and safe. Hydrogen has been proposed as the perfect fuel for this future energy system. The availability of a reliable and cost-effective supply, safe and efficient storage, and convenient end use of hydrogen will be essential for a transition to a hydrogen economy. Research is being conducted throughout the world for the development of safe, cost-effective hydrogen production, storage, and end-use technologies that support and foster this transition. This book discusses hydrogen economy vis-a-vis sustainable development. It examines the link between development and energy, prospects of sustainable development, significance of hydrogen energy economy, and provides an authoritative and up-to-date scientific account of hydrogen generation, storage, transportation, and safety.

40 CFR 610.42 - Fuel economy measurement.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Fuel economy measurement. 610.42... ECONOMY RETROFIT DEVICES Test Procedures and Evaluation Criteria General Vehicle Test Procedures § 610.42 Fuel economy measurement. (a) Fuel consumption will be measured by: (1) The carbon balance method, or...

The Placenta Economy

DEFF Research Database (Denmark)

Kroløkke, Charlotte; Dickinson, Elizabeth; Foss, Karen A.

2018-01-01

This article examines the human placenta not only as a scientific, medical and biological entity but as a consumer bio-product. In the emergent placenta economy, the human placenta is exchanged and gains potentiality as food, medicine and cosmetics. Drawing on empirical research from the United......, in the emergent bio-economy, the dichotomy between the inner and the outer body is deconstructed, while the placenta gains clinical and industrial as well as affective value....

Consumer evaluation of imported organic food products in emerging economies in Asia

DEFF Research Database (Denmark)

Pedersen, Susanne; Aschemann-Witzel, Jessica; Thøgersen, John

, product image and consumer purchase intention: Evidence from an emerging economy. International Business Review, 21(6), 1041-1051. doi:http://dx.doi.org/10.1016/j.ibusrev.2011.11.010 Wang, O., De Steur, H., Gellynck, X., & Verbeke, W. (2015). Motives for consumer choice of traditional food and European......-country combinations in every product category (Pappu, Quester, & Cooksey, 2006, 2007). A country-of-origin-effect strong enough to drive purchasing decisions appears when a country’s equity is high and there is a good product-country match (S. A. Ahmed, d'Astous, & Petersen, 2011; Herz & Diamantopoulos, 2013; Roth......, preferences and purchase behaviour (Newman, Turri, Howlett, & Stokes, 2014). A wide range of contingencies and moderators of COO effects has been identified (Pharr, 2005; Verlegh & Steenkamp, 1999) – also for food products (Z. U. Ahmed et al., 2004; Chryssochoidis, Krystallis, & Perreas, 2007; Hoffmann, 2000...

Imperatives for an agricultural green economy in South Africa

Directory of Open Access Journals (Sweden)

Constansia Musvoto

2015-01-01

Full Text Available Globally, there are social, economic and environmental challenges related to sustainable development; these challenges include climate change, the need to feed a rapidly increasing population, high rates of poverty and environmental degradation. These challenges have forced us to rethink the way in which development takes place, resulting in the emergence of the concept of a �green economy�. A green economy results in improved human well-being and social equity, while significantly reducing risks to the environment. It is based on principles which integrate social, economic and environmental considerations. South Africa has adopted the principle of green economic growth, and agriculture is one of the sectors that will drive this growth. Agriculture could address some of the sustainable development problems, but there are challenges related to resource availability, environmental impacts of agriculture and climate change. For agriculture to support a green economy it has to be productive, contribute to economic growth and not undermine the environment, social and cultural systems. The information base and policies required to support a green economy in general, and/or an agriculture-supported green economy have not yet been developed, as the green economy is an emerging concept in South Africa as well as globally. The generation of such information requires analysis and synthesis of green economy principles and agricultural imperatives into generic principles and practices for facilitating agriculture�s contribution to the green economy. In this paper, we conduct this analysis and synthesis and highlight the defining aspects of an agricultural green economy.

Green Acquisitions And Lifecycle Management Of Industrial Products In The Circular Economy

Science.gov (United States)

Popa, Vasile N.; Popa, Luminita I.

2016-11-01

The article addresses the issue of green acquisitions which occur within an industrial company focused on reducing inputs while maintaining output (substitution and efficiency). These processes characterize a circular economy oriented on resource efficiency (costs saved by reducing purchasing inputs). In our article, we focus on the industrial procurement practice which can help businesses save money and materials. Besides the possibility to negotiate prices, buyers can influence suppliers to offer products and services in an efficient manner in terms of green resources. The life cycle of industrial products is used to demonstrate the environmental advantages and disadvantages of various options for acquisitions and initiatives to totally reuse them.

The external sector of the Serbian economy

Directory of Open Access Journals (Sweden)

Ristanović Vladimir

2016-01-01

Full Text Available The aim of this paper is to show the external sector of the Serbian economy, its features and peculiarities, as well as anomalies that afflicted it for years. In the analysis, data acquired from the Statistical Office of the Republic of Serbia will be used, as well as the official international methodology. The text will include the analysis of the structure of the external sector, market share, competitive position of Serbian economy and export products according to sectors of the economy and factor intensity. Since 2000, the structure of production and exports of the Serbian economy shows low comparative advantages and competitive position throughout the world. Unfavorable structure of the sectors, departments and the product groups affected the deepening of external imbalances and high foreign trade deficit. Exports of technology of predominantly low intensity, resources, and labor-intensive products, common for Serbian economy, represent no guarantee of economic growth in the long term. The causes of external imbalances should be sought in the absence of adequate export strategy, as well as in high speed of liberalization of foreign trade flows and exchange rate policy.

Barter Economies and Centralized Merchants

OpenAIRE

Jose Noguera

2000-01-01

The main goal of this essay is to analyze the emergence of a barter economy, and the rise of centralized merchants and a barter redistribution system out of a primitive barter system. The environment is a spatial general equilibrium model where exchange is costly. Since exchange becomes more complicated as the scope of the economy increases, we prove that, after the economy reaches a critical size, the cost of trade expansion surpasses its benefits. This imposes limitations on the scope of th...

GENERAL OVERWIEV ON EU ECONOMY

Directory of Open Access Journals (Sweden)

NICOLETA GEORGETA PANAIT

2013-05-01

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

Happy degrowth through more amateur economy

DEFF Research Database (Denmark)

Nørgaard, Jørgen

2013-01-01

to a brief historical overview of the role of work, including turning points in the 1930s in the United States, when work sharing was displaced by work creation through consumerism, and, in the post-war economy when GDP became the dominant economic indicator. The paper proposes the aim of a happy...... and sustainable degrowth for affluent countries, implying the transfer of some activities from the professional economy to the less ‘labor’ productive amateur economy. This will tend to reduce overall labor productivity and hence resource throughput, but increase satisfaction and happiness. A key element...

The role of product designers in the transition towards the circular economy : A reality check

NARCIS (Netherlands)

Sumter, D.X.; Bakker, C.A.; Balkenende, A.R.; Bakker, C.; Mugge, R.

2017-01-01

This paper examines the role of product designers in the transition towards the circular economy. Both scientific and grey literature show remarkable optimism when it comes to role strategic and coordinating role designers could play in this transition process. However, there has been little

Population and the Colombian economy.

Science.gov (United States)

Sanders, T G

1983-01-01

Colombia is the only one of the 6 most populous Latin American countries that is currently free of major economic crisis requiring an agreement with the International Monetary Fund. The difference in the economic performances of these countries is relative, since the rate of growth in the Colombian economy was only 1.5% in 1982. Yet, Colombia seems to have weathered the international recession better than most. The crisis atmosphere in the rest of Latin America, triggered by overall economic decline, high rates of inflation, and an indebtedness that soaks up much of export earnings to service it, is lacking in Colombia or present in lesser degree. If Colombia can strengthen its political performance and tighten national unity, it could move through the 1980s with considerable confidence and success in economic development. Colombia differs little from other major Latin American countries with regard to traditionalism and modernization. Most Colombians are secularized. Colombia is far ahead of most comparable Latin American countries in fertility control. The lower rate of population increase defines the extent to which the economy must provide education, health, food, and jobs. 2 other factors are essential for understanding the current situation in Colombia and its prospects for the 1980s. Government policy in the 1970s opted for an austerity program while the other countries were growing rapidly, in large part through borrowed resources. A 2nd factor is the prospect of attaining autonomy in energy production. These special characteristics--population, public policy, and energy--are discussed. Since the mid 1960s Colombia has functioned with 3 family planning programs. Their existence makes contraception easily available to the population generally. In 1960 Colombia had a higher total fertility rate (TFR) 7.0, than either Venezuela (6.6) or Brazil (5.3), but by 1976 its TFR was down to 4.1, while Venezuela's (4.8) and Brazil's (4.3) were now higher. On balance

New Economy - New Policy Rules?

NARCIS (Netherlands)

Bullard, J.; Schaling, E.

2000-01-01

The U.S. economy appears to have experienced a pronounced shift toward higher productivity over the last five years or so. We wish to understand the implications of such shifts for the structure of optimal monetary policy rules in simple dynamic economies. Accordingly, we begin with a standard

Towards a carbon-negative sustainable bio-based economy.

Science.gov (United States)

Vanholme, Bartel; Desmet, Tom; Ronsse, Frederik; Rabaey, Korneel; Van Breusegem, Frank; De Mey, Marjan; Soetaert, Wim; Boerjan, Wout

2013-01-01

The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy toward sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green) and industrial (white) biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy.

Towards a carbon-negative sustainable bio-based economy

Directory of Open Access Journals (Sweden)

Bartel eVanholme

2013-06-01

Full Text Available The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy towards sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green and industrial (white biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy.

Towards a carbon-negative sustainable bio-based economy

Science.gov (United States)

Vanholme, Bartel; Desmet, Tom; Ronsse, Frederik; Rabaey, Korneel; Breusegem, Frank Van; Mey, Marjan De; Soetaert, Wim; Boerjan, Wout

2013-01-01

The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy toward sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green) and industrial (white) biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy. PMID:23761802

Decentralized and direct solar hydrogen production: Towards a hydrogen economy in MENA region

Energy Technology Data Exchange (ETDEWEB)

Bensebaa, Farid; Khalfallah, Mohamed; Ouchene, Majid

2010-09-15

Hydrogen has certainly some advantages in spite of its high cost and low efficiency when compared to other energy vectors. Solar energy is an abundant, clean and renewable source of energy, currently competing with fossil fuel for water heating without subsidy. Photo-electrochemical, thermo-chemicals and photo-biological processes for hydrogen production processes have been demonstrated. These decentralised hydrogen production processes using directly solar energy do not require expensive hydrogen infrastructure for packaging and delivery in the short and medium terms. MENA region could certainly be considered a key area for a new start to a global deployment of hydrogen economy.

Efficient energy-saving targets for APEC economies

International Nuclear Information System (INIS)

Hu, J.-L.; Kao, C.-H.

2007-01-01

Energy-saving target ratios (ESTR) for 17 APEC economies during 1991-2000 are computed in a total-factor framework. All nominal variables are transformed into real variables by the purchasing power parity (PPP) at the 1995 price level. The data envelopment analysis (DEA) approach is used to find the energy-saving target (EST) for APEC economies without reducing their maximum potential gross domestic productions (GDPs) in each year. Energy, labor, and capital are the three inputs, while GDP is the single output. Our major findings are as follows: (1) China has the largest EST up to almost half of its current usage. (2) Hong Kong, the Philippines, and the United States have the highest energy efficiency. (3) The energy efficiency generally increases for APEC economies except for Canada and New Zealand. (4) Chile, Mexico, and Taiwan have significantly improved their energy efficiency in the last 5 years. (5) An inverted U-shape relation exists between per capita EST and per capita GDP. (6) ESTR has a positive relation with the value-added percentage of GDP of the industry sector and a negative relation with that of the service sector

Deregulation of the Nigerian economy: The theoretical milieu

Directory of Open Access Journals (Sweden)

Nureni Opeyemi Akintoye

2014-01-01

Full Text Available The deregulation of Nigerian economy was the main thrust of the Structural Adjustment Programme (SAP introduced in the country in 1986 under the leadership of General Ibrahim Babandiga (1958-1993. Prior to that period the Nigerian economy was almost a command one with wide range of government control. Indeed, the introduction of SAP was said to be a final solution to the economic crisis faced by the Country. Unfortunately, SAP was introduced yet, the economy became more crunched. During the General Abach's regime (1993­1998, SAP was suspended out rightly. When General Abdulsalami Abubakar (1998-1999 took over, he continued pursuing the privatization programme which is a synonym of deregulation of the economy with the promulgation of another privatization decree. The civilian government led by President Obasanjo which took over from 1999 made deregulation the core with vigour. It is basked on this development that this paper intends to unravel the theoretical paradigm under which the deregulation of Nigerian economy could be explained. This includes capitalism, imperialism, colonialism particularly the incorporation of Nigerian into international capitalist system.

GLOBALIZATION OF ECONOMY AND GREATER CYCLES OF THE TOTAL REGIONAL PRODUCT, INFLATION AND UNEMPLOYMENT

Directory of Open Access Journals (Sweden)

V.A. Belkin

2009-06-01

Full Text Available The process of synchronization of greater and small waves of real gross national product of the USA and a total regional product of the Chelyabinsk area is shown on the materials of economic statistics. The conclusion about defining influence of dynamics of real gross national product of the USA on the basic macroeconomic parameters of the Chelyabinsk area owing to high dependence of its economy on export of metal products is done from here. It is evidently shown, that the modern world economic crisis quite keeps within the theory of greater cycles of an economic conjuncture of N.D. Kondratyev. To greater cycles of a total regional product of the Chelyabinsk area there correspond return greater cycles of inflation and unemployment.

The Underground Economy and GDP Estimation in Developing ...

African Journals Online (AJOL)

The estimation of gross domestic product (GDP) in most developing countries portrays a lot of meaning; most often it is very low. This could be true or false. The existence of underground economy in this economies tend to undermine the estimation of GDP in developing economies, because the size of such economy is ...

labour and healthy lifestyles in a developing economy

African Journals Online (AJOL)

LUCY

economy. KEYWORDS: Labour, Healthy Lifestyles and Developing Economy ... sanitation, mechanism for coping with stress, use of alcohol ... to enhance or manage the economy. ... strategies that would improve their health status. ... results in improved productivity. ... hazardous conditions coupled with occupational stress ...

Working in the informal economy.

Science.gov (United States)

Kidder, T

2000-07-01

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

Sunspot Equilibria in a Production Economy: Do Rational Animal Spirits Cause Overproduction?

OpenAIRE

Kajii, Atsushi

2008-01-01

We study a standard two period economy with one nominal bond and one firm. The input of the firm is done in the first period and financed with the nominal bond, and its profits are distributed to the shareholders in the second period. We show that a sunspot equilibrium exists around each efficient equilibrium. The interest rate is lower than optimal and there is over production in sunspot equilibria, under some conditions. But a sunspot equilibrium does not exist if the profit share can be tr...

ICT Innovation in Emerging Economies

DEFF Research Database (Denmark)

Xiao, Xiao; B. Califf, Christopher; Sarker, Saonee

2013-01-01

ICT innovation is known to significantly elevate a country’s growth and to enhance productivity. It is now well-acknowledged that emerging economies are beginning to innovate at a rapid rate despite some of the challenges they face. Given that these countries with such economies now comprise...... economies, what needs to be studied, and how they should be studied. We attempt to contribute in this area by: (1) providing a comprehensive framework of existing research on ICT innovation in emerging economies, (2) highlighting the gaps that have been left behind, and (3) providing specific guidelines...... to future researchers, including a research model summarizing the salient issues that need examination. We believe that our study makes an important contribution to research on ICT innovation in emerging economies, and can be a useful resource for future researchers interested in this topic....

The Factors of Changing the Structure of Modern Economy

Directory of Open Access Journals (Sweden)

Pelekh O. B.

2018-01-01

Full Text Available The article is aimed at attempting to clarify the essence of structural changes and to define the most important factors that cause structural changes in the economy, as well as researching the mechanism of their influence on the process of change. Economic development is directly related to economic structures and the changes that occur in them. Therefore, it is impossible to fully analyze economic development without taking into consideration structural changes in the economy. The economic system consists of separate branches, departments, production places, enterprises, has a certain structure of production resources and external trade, spatial placement, and is regulated by economic rules and norms. Under the economic structure the author understands the placement of the basic elements of economy and the proportions that have developed between them. Therefore, changes in the structure of economy are a complex system of changes in the interrelated proportions, taking place under the influence of the existing technical basis, social mechanisms of production, distribution and exchange in accordance with public needs, available resources, and the level of the labor productivity achieved. In conditions of modern economy and production, the factors influencing changes of the structure of economy, are divided into three groups: socio-economic, scientific-technological, and institutional. The author presents a list of the most important factors for each group and analyzes the mechanisms of interrelations between them.

Accounting concept of inventories in postindustrial economy

Directory of Open Access Journals (Sweden)

Pravdyuk N.L.

2017-06-01

Full Text Available The accounting of inventories has undergone significant changes over a relatively short period of time. It has changed the scientific picture of their definition and classification, measurement and write-offs reflected in the financial statements. However, these changes happen without proper interpretation and system analysis. And, at least in general terms the inventories are conducted in Ukraine according to IFRS; this causes some obstacles to the objective reflection of working capital of enterprises, and the transparency of disclosure and is not conducive to the formation of a proper investment climate. It is established that the information provision inventory control must meet the requirements of the postindustrial economy by the complicating and deepening the complexity of accounting, the introduction of new forms and their synthesis with the current one, a gradual reorganization to ensure the needs of consumers and enterprise evaluation. The results of the study have substantiated the fundamentals of accounting concepts in the postindustrial economy in the part of the circulating capital, which forms inventories. The information support of inventory management should be implemented in a hierarchical way, when it first and foremost analyzes the working capital, and further deals with inventories and stocks as its subordinate components. The author considers the material goods to be a broader concept than reserves, because they have a dual nature both estimated as the share of negotiable assets, and as the physical component of material costs. The paper gives the definition of this category of symbiosis, which is based on P(CBU 9. The general structure of the current inventories are of significant importance, which has differences in industries, the dominant of which is agriculture, industry, construction, trade, material production. The postindustrial economy caused the questions of differentiation of concepts "production" and "material

Regulating the sharing economy

Directory of Open Access Journals (Sweden)

Kristofer Erickson

2016-06-01

Full Text Available In this introductory essay, we explore definitions of the ‘sharing economy’, a concept indicating both social (relational, communitarian and economic (allocative, profit-seeking aspects which appear to be in tension. We suggest combining the social and economic logics of the sharing economy to focus on the central features of network enabled, aggregated membership in a pool of offers and demands (for goods, services, creative expressions. This definition of the sharing economy distinguishes it from other related peer-to-peer and collaborative forms of production. Understanding the social and economic motivations for and implications of participating in the sharing economy is important to its regulation. Each of the papers in this special issue contributes to knowledge by linking the social and economic aspects of sharing economy practices to regulatory norms and mechanisms. We conclude this essay by suggesting future research to further clarify and render intelligible the sharing economy, not as a contradiction in terms but as an empirically observable realm of socio-economic activity.

A report on the development of China's market economy 2005

Institute of Scientific and Technical Information of China (English)

LI Xiaoxi

2006-01-01

This paper dicusses on the issue of the development of China's market economy from six aspects.(1)Basic Content and Conclusions on the development of China's market economy.(2)Further progress in building market-oriented economy in China.(3)Assessment of the degree of market economy development in China.(4)New progress in 2004 in developing market economy in China.(5)A general analysis of twelve key questions concerning market economy.(6)Resolution of the"non-market economy"issue:a win-win option.

A hydrogen economy: opportunities and challenges

International Nuclear Information System (INIS)

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

2005-01-01

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

Straw for energy production. Technology - Environment - Economy

Energy Technology Data Exchange (ETDEWEB)

Nikolaisen, L.; Nielsen, C.; Larsen, M.G.; Nielsen, V.; Zielke, U.; Kristensen, J.K.; Holm-Christensen, B.

1998-12-31

`Straw for Energy Production`, second edition, provides a readily accessible background information of special relevance to the use of straw in the Danish energy supply. Technical, environmental, and economic aspects are described in respect of boiler plants for farms, district heating plants, and combined heat and power plants (CHP). The individual sections deal with both well-known, tested technology and the most recent advances in the field of CHP production. This publication is designed with the purpose of reaching the largest possible numbers of people and so adapted that it provides a valuable aid and gives the non-professional, general reader a thorough knowledge of the subject. `Straw for Energy Production` is also available in German and Danish. (au)

Rethinking economy-wide rebound measures: An unbiased proposal

International Nuclear Information System (INIS)

Guerra, Ana-Isabel; Sancho, Ferran

2010-01-01

In spite of having been first introduced in the last half of the ninetieth century, the debate about the possible rebound effects from energy efficiency improvements is still an open question in the economic literature. This paper contributes to the existing research on this issue proposing an unbiased measure for economy-wide rebound effects. The novelty of this economy-wide rebound measure stems from the fact that not only actual energy savings but also potential energy savings are quantified under general equilibrium conditions. Our findings indicate that the use of engineering savings instead of general equilibrium potential savings downward biases economy-wide rebound effects and upward-biases backfire effects. The discrepancies between the traditional indicator and our proposed measure are analysed in the context of the Spanish economy.

A paradigm shift needed for nuclear reactors. From economies of unit scale to economies of production scale

International Nuclear Information System (INIS)

Li, Ning

2009-01-01

simultaneous inclusion of economies of production scale, will transform the nuclear energy industry from construction heavy to manufacturing centric. It will enable a global architecture optimized for the extremely high power density of the nuclear fuels, and a great expansion of the markets and applications of nuclear energy. (author)

Status rent in new developing economy

Directory of Open Access Journals (Sweden)

Aleksandrova Natal'ja

2012-01-01

Full Text Available The status rent and conditions of its appearance are characterized in new developing economy by the position of new political economy. The bases of the general theory of rent were laid by classicists of political economy (F. Cene, A. Smith, J. Anderson, J. Mill, T. Maltus, D. Ricardo, K. Marx. They differentiated the rare rent (natural, absolute rent and differential land rent. Neoclassicists widened the definition of rent understanding it as income from any productive factor not only from land. Mostly, investigators of rent keep to two main postulates. Firstly, it is over profit, the income of special kind connected with using of exclusive, limited or rare goods for some time. Secondly, the rent is owned by the owners of these goods. These statements belonging to the natural rent can be used for the analysis of others, unnatural kinds of rent. The status rent belongs here. Let us analyze the status rent from the position of new political economy. As old political economy the new one also has its object - economic relations in the society and it call for the opening of deep, important processes of economic life. But by contrast with old political economy the new one, firstly, is based on other methodology (institutional economy, the theory of social choice, system approach; secondly, it studies economic relations not as static (the position of different classes, but as dynamic in economic behavior; thirdly, it is not confrontational: economic relations are understood not as antagonistic with non-avoidance of social cataclysm but as conflict-compromising; fourthly, it operates not only with social aggregates (class, country, social group, but it is also directed to a person, his/her freedom of choice in economic behavior; and, finally, fifthly, it overcomes the past careful marking out of other sciences, and, on the contrary, strives for an interdisciplinary approach in the stream of modern institutionalism including the problems of sociology

The real new economy.

Science.gov (United States)

Farrell, Diana

2003-10-01

During the soar-and-swoon days of the late 1990s, many people believed that information technology, and the Internet in particular, were "changing everything" in business. A fundamental change did happen in the 1990s, but it was less about technology than about competition. Under director Diana Farrell, the McKinsey Global Institute has conducted an extensive study of productivity and its connection to corporate IT spending and use during that period. The study revealed that information technology is important--but not central--to the fate of industries and individual companies. So if information technology was not the primary factor in the productivity surge, what was? The study points to competition and innovation. In those industries that saw increases in competitive intensity, managers were forced to innovate aggressively to protect their revenues and profits. Those innovations--in products, business practices, and technology--led to the gains in productivity. In fact, a critical dynamic of the new economy--the real new economy--is the virtuous cycle of competition, innovation, and productivity growth. Managers can innovate in many ways, but during the 1990s, information technology was a particularly powerful tool, for three reasons: First, IT enabled the development of attractive new products and efficient new business processes. Second, it facilitated the rapid industrywide diffusion of innovations. And third, it exhibited strong scale economies--its benefits multiplied rapidly as its use expanded. This article reveals surprising data on how various industries in the United States and Europe were affected by competition, innovation, and information technology in the 1990s and offers insights about how managers can get more from their IT investments.

ENTREPRENEURSHIP EDUCATION AND THE ECONOMY VICIOUS CIRCLES

Directory of Open Access Journals (Sweden)

MEDAR LUCIAN ION

2015-06-01

Full Text Available Education for sustainable development, involves training honest, active, social and creative persons for ensuring the link between environment, society, economy and politics. Trained entrepreneurs in sustainable development, are the engine system which can bring an economic prosperity. Lack of entrepreneurial education in the last 25 years has led accentuated conditions to avoiding economic development in all reference fields where added value can be achieved. Running away from excessive taxation led to the establishment of vicious circles in the economy. Vicious circles of the economy can be found in saving, tax policy, productive investment and the informal economy. Through this study will present the importance of entrepreneurship education in the real economy and some specifications to exit entrepreneurs from vicious circles of the economy.

Translation, the Knowledge Economy, and Crossing Boundaries in Contemporary Education

Science.gov (United States)

Chen, Yun-Shiuan

2016-01-01

Significant developments in the global economy and information technology have been accompanied by a transformation in the nature and process of knowledge production and dissemination. Concepts such as the knowledge economy or creative economy have been formulated to accommodate the new and complex developments in knowledge, creativity, economy,…

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

International Nuclear Information System (INIS)

Bae, Jeong Hwan; Cho, Gyeong-Lyeob

2010-01-01

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

Signs of political economy

Directory of Open Access Journals (Sweden)

Bernard Lamizet

2015-12-01

Full Text Available Like any political system, economy is a system of signs and representations. The Semiotics of economy elaborates its analytical methods to interpret such signs, which give meaning to the economy by representing its performances in public debate and in the media. Four major features distinguish the Semiotics of political economy from other semiotic forms or other systems of information and political representation. First of all, the relationship between the signification of the economy and the real or the imaginary phenomena to which they refer always pertains to the order of values. The second characteristic of economic signs is the significance of the state of lack they express. The third characteristic of signs of the economy is the form of sign production, which can be designated by the concept of emission of signs and their diffusion. Finally, as all signs, the economic sign is arbitrary. In the field of Economics, such arbitrariness does not imply that the Subject is free to superimpose whatever value to the signs themselves, but refers to the rupture between the world and its possible transformation. The very meaning of the word economy is here at stake. Oikos, in Greek (the term from which the word economy is derived refers to a known, familiar space. Economy transforms the real, natural world into a symbolic social world, into a world of relations with others whom we recognise and whose actions are relatively predictable. It might be useful to consider the contemporary issue of debt, its implications and its multiple meanings, which includes both the ethical and moral dimension of the condemnation of debt as well as the imaginary political dimension based on the expression of an idea of independence.

Research on the development and countermeasures for circular economy

Institute of Scientific and Technical Information of China (English)

无

2007-01-01

Ecological economics and sustainable development economics are the basic theories to research on circular economy. Through the systemically research on the relationship of the three above, this paper thinks that the reuse and recycle of circular economy ts a way that the stall is mended after a sheep is lost. Although the reduction technically controls the production process, it cannot solve the waste caused by blind production and excess competition. We have experienced variety obstacles when implementing the circular economy, whose main reason ts the conflict between the individual ration and the social ration. Therefore, only when the individual ration and social ration incline to conformity,the cooperating Nash equilibrium will be appeared. In order to realize the harmony of ecology, economy and society, we have to explore effective evaluation theory. This paper cites the "five flows of wealth operation theory"from professor Ma Chuandong to search operation mechanism of circular economy, makes clear the developing thoughts of circular economy based on the realities, and brings forward some countermeasures to develop circular economy based on the above theoretical analysis.

The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model

International Nuclear Information System (INIS)

Guivarch, C.; Hallegatte, St.; Crassous, R.

2008-09-01

This paper proposes to test the global hybrid computable general equilibrium model IMACLIM-R against macro-economic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to disentangle the various mechanisms and policies at play in India's economy response to rising oil prices and, second, to validate our model as a tool capable of reproducing short-run statistical data. With default parametrization, the model predicts a significant decrease in the Indian growth rate that is not observed. However, this discrepancy is corrected if three additional mechanisms identified by the International Monetary Fund are introduced, namely the rise in exports of refined oil products, the imbalance of the trade balance allowed by large capital inflows, and the incomplete pass-through of the oil price increase to Indian customers. This work is a first step toward model validation, and provides interesting insights on the modeling methodology relevant to represent an economy's response to a shock, as well as on how short-term mechanisms - and policy action - can smooth the negative impacts of energy price shocks or climate policies. (authors)

The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model

International Nuclear Information System (INIS)

Guivarch, Celine; Hallegatte, Stephane; Crassous, Renaud

2009-01-01

This paper proposes to test the global hybrid computable general equilibrium model IMACLIM-R against macroeconomic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to disentangle the various mechanisms and policies at play in India's economy response to rising oil prices and, second, to validate our model as a tool capable of reproducing short-run statistical data. With default parameterization, the model predicts a significant decrease in the Indian growth rate that is not observed. However, this discrepancy is corrected if three additional mechanisms identified by the International Monetary Fund are introduced, namely the rise in exports of refined oil products, the imbalance of the trade balance allowed by large capital inflows, and the incomplete pass-through of the oil price increase to Indian customers. This work is a first step toward model validation, and provides interesting insights on the modeling methodology relevant to represent an economy's response to a shock, as well as on how short-term mechanisms - and policy action - can smooth the negative impacts of energy price shocks or climate policies. (author)

Innovative Economy as the Objective Necessity of the Contemporary Development of an Economic System

Directory of Open Access Journals (Sweden)

Gotsuliak Liudmyla V.

2016-03-01

Full Text Available The article considers substance and main features of innovation economy, discloses the basic principles of its building, its signs and indicators. The results of transition to innovative economy both in the developed countries and in the so-called newly industrializing countries have been studied and are visualized. Thus, formation of the innovation economy in the era of postindustrial society, generally based on science and knowledge, stipulates that embedding in the production of the results of research and development, as well as informational and other new technologies, not only can be able to radically change the mechanism of interaction between countries, regions, individual enterprises, but also can entail changing our view of the laws and basics of functioning and developing of economic systems on different levels. The sine qua non conditions for efficiency of innovation economy, conditions for scientific-technological breakthrough and civilized existence of our country in the 21st century have been disclosed.

How to Assess Product Performance in the Circular Economy? Proposed Requirements for the Design of a Circularity Measurement Framework

OpenAIRE

Saidani , Michael; YANNOU , Bernard; Leroy , Yann; Cluzel , François

2017-01-01

International audience; Assessing product circularity performance is not straightforward. Meanwhile, it gains increasingly importance for businesses and industrial practitioners who are willing to effectively take benefits from circular economy promises. Thus, providing methods and tools to evaluate then enhance product performance—in the light of circular economy—becomes a significant but still barely addressed topic. Following a joint agreement on the need to measure product circularity per...

Political economy of climate change, ecological destruction and uneven development

International Nuclear Information System (INIS)

O'Hara, Phillip Anthony

2009-01-01

The purpose of this paper is to analyze climate change and ecological destruction through the prism of the core general principles of political economy. The paper starts with the principle of historical specificity, and the various waves of climate change through successive cooler and warmer periods on planet Earth, including the most recent climate change escalation through the open circuit associated with the treadmill of production. Then we scrutinize the principle of contradiction associated with the disembedded economy, social costs, entropy and destructive creation. The principle of uneven development is then explored through core-periphery dynamics, ecologically unequal exchange, metabolic rift and asymmetric global (in)justice. The principles of circular and cumulative causation (CCC) and uncertainty are then related to climate change dynamics through non-linear transformations, complex interaction of dominant variables, and threshold effects. Climate change and ecological destruction are impacting on most areas, especially the periphery, earlier and more intensely than previously thought likely. A political economy approach to climate change is able to enrich the analysis of ecological economics and put many critical themes in a broad context. (author)

Policy options for sustainable energy use in a general model of the UK economy

International Nuclear Information System (INIS)

Barker, T.; Ekins, P.; Johnstone, N.

1996-01-01

A quantitative general economic model has been developed for options available in greenhouse gas abatement policy concerning energy use. It has been applied in three exercises to explore the effects of energy taxes on the United Kingdom economy. One of these examined the effect of the proposed European Commission carbon/energy tax; the second attempts to set out a policy framework which would enable the UK to reach the IPCC target of 60% reduction in CO 2 emissions by 2040 and explores the economic implications; the third compares the proposal of the UK government to levy VAT on domestic fuel with the EC carbon/energy tax. Additionally, estimates have been made of the secondary benefits of reducing CO 2 emissions. The results present a striking contrast to much of the literature. They include the conclusions that: the EC carbon/energy tax would have negligible macroeconomic effects on the UK economy providing revenues were recycled in such a way as to neutralise inflation; reduction of UK CO 2 emissions by 60% would not necessarily cause great economic disruption; the secondary benefits of reducing CO 2 emissions are of sufficient size to alter radically the benefit cost profile of carbon abatement; equity and efficiency should be regarded as complementary, not competing, objectives in the abatement of CO 2 emissions from the domestic sector. (UK)

How can design science contribute to a circular economy?

DEFF Research Database (Denmark)

Pigosso, Daniela Cristina Antelmi; McAloone, Tim C.

2017-01-01

Circular Economy is increasingly seen as a key approach to operationalising goals and supporting the transition to a sustainable society by enhancing competitiveness and economic growth. Creating a Circular Economy requires fundamental changes throughout the value chain, from innovation, product...... design and production processes all the way to end of life, new business models and consumption patterns. This paper explores how design science can support the transition from the traditional linear 'take-make-consume-dispose' approach, to a Circular Economy. By means of a systematic literature review...

A geometrical imaging of the real gap between economies of China and the United States

Science.gov (United States)

Hosseiny, Ali

2017-08-01

GDP of China is about 10 trillion dollars and GDP of the United States is about 18 trillion dollars. Suppose that we know for the coming years, economy of the US will experience a real growth rate equal to %3 and economy of China will experience a real growth as of %6. Now, the question is how long does it take for economy of China to catch the economy of the United States. The early impression is that the desired time is the answer of the equation 10 × 1 . 06X = 18 × 1 . 03X. The correct answer however is quite different. GDP is not a simple number and the gap between two countries cannot be addressed simply through their sizes. It is rather a geometrical object. Countries pass different paths in the space of production. The gaps between GDP of different countries depend on the path that each country passes through and local metric. To address distance between economies of China and of the US we need to know their utility preferences and the path that China passes to reach the US size. The true gap then can be found if we calculate local metric along this path. It resembles impressions about measurements in the General Theory of Relativity. Path dependency of measurements is an old known fact in economy. It is widely discussed in the Index Number Theory. Our aim is to stick to the geometrical view presented in the General Relativity to provide a fast impression about the matter for physicists. We show that different elements in the general relativity have their own counterparts in economics. We claim that national agencies who provide aggregate data resemble falling observers into a curved space time. It is while the World Bank or international organizations are outside observers.

Strategic Outsourcing under Economies of Scale

OpenAIRE

Chen, Yutian; Sen, Debapriya

2010-01-01

Economies of scale in upstream production can lead both disintegrated downstream firms as well as its vertically integrated rival to outsource offshore for intermediate goods, even if offshore production has moderate cost disadvantage compared to in-house production of the vertically integrated firm.

Metal and engineering industry in the Finnish economy

International Nuclear Information System (INIS)

Maeenpaeae, I.; Viitanen, M.; Juutinen, A.

1996-01-01

The study analyses quantitatively the position, internal structures and environmental aspects of the metal sector (basic metal industry, mechanical engineering, electronics and electrotechnics) in the recent past of the Finnish economy. The changes in the sector by the year 2005 are assessed by means of a macroeconomic simulation model as well. The future development of the metal sector by the year 2005 was assessed by the FMS model system, for which a detailed metal sector sub-model was constructed. The scenario of the general development of the Finnish economy was tuned so that it corresponds as closely as possible to the recent basic projections of the economy made by the government authorities. Three scenarios for the metal sector were constructed: base scenario, rapid and slow growth scenarios. In the base scenario the production volume of the metal sector grows by 6 per cent annually between 1994-2005 while the annual growth rate of the whole industry is 4 per cent and that of the GDP 3 per cent. In the rapid growth scenario, the growth rate of the metal sector goes up to 10 per cent and in the slow growth scenario down to 3 per cent. In the assessment of environmental effects of the metal sector are included energy consumption, emissions into the air, use on natural resources, waste formation and recycling of metals. Although the production volume of the metal sector almost doubles between 1990 - 2000, the consumption of primary energy grows only about one fourth and that of the electricity by 50 per cent

Finnish economy and alternatives available to the forest sector

International Nuclear Information System (INIS)

Maeenpaeae, I.; Maennistoe, J.

1993-01-01

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

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

Energy Technology Data Exchange (ETDEWEB)

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

2013-06-15

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

Theoretical Aspects of the Technological Leadership of National Economies

Directory of Open Access Journals (Sweden)

Dovgal Еlеna A.

2016-05-01

Full Text Available The main theoretical approaches to forming and defining the essence of the technological leadership of national economies have been considered. At present the global nature of the technological development factor is the main engine of development of economies in most world countries. Changes and improvement of all the elements of productive forces occur and innovations or new developments appear as a result of technological development. Different approaches to defining the essence of the technological leadership have been considered, the stages of its development, theoretical concepts of different scientific schools regarding the impact of the factor of technological development on the overall economic process of national economies have been analyzed. Characteristics of technological modes have been summarized and their influence on the formation of the technological leadership of the world countries has been revealed. The main approaches to identifying the technological leadership of various countries on the basis of calculation of international indices have been considered. The prospect for further research of the problem is a comprehensive study of determinants that reflect the technological leadership and give a general assessment of qualitative characteristics of the formation of its components

Foreword. The Knowledge Economy: The Present Future

OpenAIRE

Constantin Bratianu

2017-01-01

All the statistics and evaluations show that the Knowledge Economy is our future. However, a close look at the developed economies demonstrates that the Knowledge Economy is already here, shaping our present time. Although there are many definitions of this new economic framework, their core content stresses the importance of data, information, and knowledge in the production of goods and delivering services in creating value for society. For instance, Powell and Snellman (2004, p.1999) defin...

Business environment factors and business performance: the case of Macedonia – a developing economy

OpenAIRE

Marjanova Jovanov, Tamara; Temjanovski, Riste

2015-01-01

One of the key elements of economic development is the private business sector i.e. entrepreneurs with strong and durable competitive advantage. Entrepreneurs are being recognized as the driving force of higher employment rates, improved standard of living, production of value-added products and services, increased innovation, and in general, as the creator of strong economies. The main goal of this analysis is to prove that some specific factors of the internal (customer orientation degree t...

Green capitalist economies through a focus on labour

DEFF Research Database (Denmark)

Lopez-Alonso, Rocio Hiraldo

to a broader process of primitive accumulation where workers enable capital accumulation through their adaptations to capital. Production in the green economy is based on social relations that perpetuate poverty, inequality and neo-colonial relations in neoliberal Senegal. The different contribution of nature......-based tourism and PES projects to capital accumulation and the importance of class conflict, workers’ disagreement and hope in this case study emphasise the heterogeneity and unpredictability of green economies. Socially-committed researchers will benefit from integrating labour and the relations of production...... institutions, while little is known about how people working to make a living (hereafter “workers”) are experiencing the development of green economies. This thesis seeks to fill this gap. It studies how the conditions of workers’ labour are being shaped by the social relations of production enabling...

Nuclear energy in the hydrogen economy

International Nuclear Information System (INIS)

Bertel, E.; Lee, K.S.; Nordborg, C.

2004-01-01

In the framework of a sustainable development, the hydrogen economy is envisaged as an alternative scenario in substitution to the fossil fuels. After a presentation of the hydrogen economy advantages, the author analyzes the nuclear energy a a possible energy source for hydrogen production since nuclear reactors can produce both the heat and electricity required for it. (A.L.B.)

Soil and land management in a circular economy.

Science.gov (United States)

Breure, A M; Lijzen, J P A; Maring, L

2018-05-15

This article elaborates the role of soil and land management in a circular economy. The circular economy is highly dependent on the functioning of soils and land for the production of food and other biomass; the storage, filtration and transformation of many substances including water, carbon, and nitrogen; the provision of fresh mineral resources and fossil fuels; and the use of their functions as the platform for nature and human activities. Resource demand is increasing as a result of the growing human population. In addition to the shrinking availability of resources resulting from their unsustainable use in the past, our planet's diminishing potential for resource production, due to a range of reasons, is leading to resource scarcity, especially in the case of depletable resources. As an economic system that focuses on maximizing the reuse of resources and products and minimizing their depreciation, the circular economy greatly influences, and depends on, soil and land management. The concise management of the resources, land and soil is thus necessary, to make a circular economy successful. Copyright © 2017 Elsevier B.V. All rights reserved.

The Political Economy of Energy Innovation

OpenAIRE

Dasgupta, Shouro; De Cian, Enrica; Verdolini, Elena

2017-01-01

This paper empirically investigates the effects of environmental policy, institutions, political orientation, and lobbying on energy innovation and finds that they significantly affect the incentives to innovate and create cleaner energy efficient technologies. We conclude that political economy factors may act as barriers even in the presence of stringent environmental policy, implying that, to move towards a greener economy, countries should combine environmental policy with a general stren...

The Political Economy of Extraterritoriality

Directory of Open Access Journals (Sweden)

Paul B. Stephan

2013-06-01

Full Text Available Near the end of the 2009 Term the Supreme Court decided Morrison v. Australia National Bank, Ltd., the strongest anti-extraterritoriality opinion it has produced in modern times. Not only is Congress presumed generally to prefer only territorial regulation, but lower courts that had carved out exceptions from this principle over a long period of time must now revisit their positions. Again this year in Kiobel v. Royal Dutch Shell Co. the Court relied on an aggressive use of the presumption against extraterritoriality to cut back on an important field of private litigation. The Court appears to have embraced two related stances: The imposition of barriers to extraterritorial regulation generally advances welfare, and the lower courts cannot be trusted to determine those instances where an exception to this rule might be justified. Implicit in the Court's position are intuitions about the political economy of both legislation and litigation. I want to use the occasion of the Morrison and Kiobel decisions to consider the political economy of extraterritorial regulation by the United States. International lawyers for the most part have analyzed state decisions to exercise prescriptive jurisdiction over extraterritorial transactions in terms of a welfare calculus that determines the likely costs and benefits to the state as a whole. Fewer studies have considered the political economy of the decision whether to regulate foreign transactions. No work of which I am aware has considered the political economy of deciding the extraterritorial question through litigation. This paper seeks to fill these gaps by sketching out what political economy suggests both about extraterritoriality and the role of courts as arbiters of extraterritoriality.

Changing the paradigm of management of innovative activity in the conditions of transformation of economy

Directory of Open Access Journals (Sweden)

O. O. Lukina

2016-01-01

Full Text Available The article describes the approaches to the development of innovation management as a management type from the traditional management, represented by Taylor's, A. Fayolle, G. Hemelom and others. There was a connection transformation of the economy and changes in the management of enterprises, aimed at the competitiveness of the market. Under the terms of the transformation of the economy the author has in mind the following factors: the knowledge economy and the new economy, forecastng and strategic planning at the enterprise and the economy in general, mass marketing and the development of global markets, non-stop process of development of knowledge, forming goal of a competitive economy. Under the innovative activity of the author understands the system of creation, dissemination and use of new types of products, actively or market, providing competitive state of the enterprise. Abstract Innovational management stages: the classic theory justifying the application of new knowledge in organizations, transforming them into new products, management by objectives, technology development and cost reduction, human capital theory, management personnel training school. Emphasizes the principles of school education, such as the complexity and unpredictability of the environment, the impossibility of planning control, since it must be continuously updated study is necessary to all the staff, including managers as a potential strategy, learning involves retrospektive thinking, allows us to analyze the previous steps organization. Abstract forms of knowledge are needed in innovation in the transformation of the economy: group, individual, and others, be implied in the innovation process. In addition, a group distinguished knowledge in the innovation of the type of trainin g, according to the method of scientific activities, as well as sources of information.

Unravelling the argument for bioenergy production in developing countries. A world-economy perspective

International Nuclear Information System (INIS)

Kuchler, Magdalena

2010-01-01

This paper offers a critical look at how energy security-, food and agriculture-, and climate change-oriented international organizations frame biomass energy production in developing countries, in particular, ethanol production in Brazil. Using the world-economy system as a theoretical lens, the paper raises a concern as to whether the way these global institutions frame bioenergy's role in developing regions manifests energy and ecological inequalities between the core and the periphery, as well as creates internal contradictions that perpetuate unequal exchange embedded in the system. Simultaneously, these organizations frame Brazil as a semi-peripheral state that, while successful in finding a niche concurring with the core's demand for cheap energy and cost-effective decarbonization strategies, is not necessarily a suitable role model for the periphery's socio-economic development. (author)

Political Economies of Health: A Consideration for International Nursing Studies

Science.gov (United States)

Peters, Michael A.; Drummond, John S.

2008-01-01

This article introduces and explores the concept of political economy. In particular it focuses upon the political economy of health while also considering the implications for international nursing studies in the context of health care more generally. Political economy is not only about budgets, resources and policy. It is also about particular…

Economy

OpenAIRE

Haring, Ben

2009-01-01

The economy of ancient Egypt is a difficult area of study due to the lack of preservation of much data (especially quantitative data); it is also a controversial subject on which widely divergent views have been expressed. It is certain, however, that the principal production and revenues of Egyptian society as a whole and of its individual members was agrarian, and as such, dependent on the yearly rising and receding of the Nile. Most agricultural producers were probably self-sufficient tena...

LABOUR RELATIONS IN POSTINDUSTRIAL ECONOMY

Directory of Open Access Journals (Sweden)

Yuriy Rostislavovitch Chistyakov

2013-09-01

Full Text Available The article deals with inadequacy of present-day labour relations in economy. Out of date form of labour relations makes workforce dependable, causes social inequality, prevents economical development. The article gives results of theoretical and empiric research. The mechanism of guaranteed reproduction of labour to be realized as social partnership is offered.Purpose: the purpose is to give critical estimation of present-day labour relations in postindustrial economy.Method of studies: monographic, general theoretic economic analysis, correlation statistic analysisResults: a new modern adequate alternative form of labour relations guarantying the reproduction of labour is introducedField of application: industrial regulation both in economics in general and concrete businesses; motivation of workers.DOI: http://dx.doi.org/10.12731/2218-7405-2013-8-29

Economy and greenhouse effect. The money and the weather

International Nuclear Information System (INIS)

Ekeland, I.; Brandouy, O.

2007-01-01

The economy theory of the growth is not really adapted to the environment: the future generations will be richer as us concerning the industry but not the environment. On the economy sector, many financial products appear to facing the climatic change and the carbon emissions reductions. The author presents these new products and their consequences in a social justice framework. (A.L.B.)

Political economy of love: nurturance gap, disembedded economy and freedom constraints within neoliberal capitalism

Directory of Open Access Journals (Sweden)

O’Hara Phillip Anthony

2014-01-01

Full Text Available This article critically evaluates the forms of love capital being accumulated by people in capitalist economies, through the lens of some of the core general principles of heterodox political economy (HPE. We start by situating love historically in the neoliberal culture and then examine the six main love styles as well as the five critical factors through the process of circular and cumulative causation. We then scrutinise the contradictions of neoliberal capitalism involving the nurturance gap, disembedded economy and freedom constraint which inhibit the generation of holistic love capital. The path dependent nature of love is then linked to relational phases and instabilities, especially involving serial monogamy in the United States. Some of the core principles of HPE provide a vantage point for scrutinising the problems involved in stimulating holistic love capital in the contemporary environment.

Dismantling the Cold War economy

International Nuclear Information System (INIS)

Markusen, A.; Yudkin, J.

1992-01-01

End-of-the-Cold-War economic realities include political jockeying over the future of weapons systems, a paucity of meaningful conversion efforts, and a suspicion that a weak economy will be unable to compensate for the loss of jobs and purchasing power as defense budgets are reduced. The authors of this book present three interrelated hypotheses: The first is that the existence of a large military production sector has depleted the civilian economy of key resources and has preempted creation of the kind of broad-base civilian-oriented industrial policies needed for economic revitalization. The second is that a large military production sector creates barriers to the movement of resources. The third is that economic depletion and the barriers to moving resources to civilian production make conversion planning essential. This book explains why conversion is difficult, but offers only a few pages of specific conversion proposals

Circular economy and nuclear energy

International Nuclear Information System (INIS)

2017-01-01

This article first recalls what circular economy is, and its main principles (sustainable supply, eco-design, industrial and territorial ecology, economy of function rather than of possession, extension of product lifetime, recycling). It outlines its different benefits: improved resilience, inclusion of all actors of the territory, creation of local jobs, a global vision. In the next part, the nuclear industry is presented as a pioneer in this respect through various trends and developments: closure of the fuel cycle and saving of uranium and energy in the upstream part, reduction of wastes in the downstream part, exploitation of plants on a longer term, management of the production of conventional wastes, reduction of energy consumption, evolution of the doctrine in terms of management of very low level radioactive wastes

Diversification of the Economy: Institutional Aspects

Directory of Open Access Journals (Sweden)

Nataliya Al. Kravchenko

2017-12-01

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

Managing innovation systems in transition economies

OpenAIRE

Baković, Tomislav

2010-01-01

Successfully managing innovations has become the basic precondition for the development of both companies and national economies. At the national level governments are forming innovation systems whose primary goal is to create conditions at which science and technology can flourish and then transfer their findings trough private sector into new revolutionary products and services. Unfortunately not all countries have the same preconditions for creating such systems and transition economies du...

An entropic framework for modeling economies

Science.gov (United States)

Caticha, Ariel; Golan, Amos

2014-08-01

We develop an information-theoretic framework for economic modeling. This framework is based on principles of entropic inference that are designed for reasoning on the basis of incomplete information. We take the point of view of an external observer who has access to limited information about broad macroscopic economic features. We view this framework as complementary to more traditional methods. The economy is modeled as a collection of agents about whom we make no assumptions of rationality (in the sense of maximizing utility or profit). States of statistical equilibrium are introduced as those macrostates that maximize entropy subject to the relevant information codified into constraints. The basic assumption is that this information refers to supply and demand and is expressed in the form of the expected values of certain quantities (such as inputs, resources, goods, production functions, utility functions and budgets). The notion of economic entropy is introduced. It provides a measure of the uniformity of the distribution of goods and resources. It captures both the welfare state of the economy as well as the characteristics of the market (say, monopolistic, concentrated or competitive). Prices, which turn out to be the Lagrange multipliers, are endogenously generated by the economy. Further studies include the equilibrium between two economies and the conditions for stability. As an example, the case of the nonlinear economy that arises from linear production and utility functions is treated in some detail.

The content and features of transport servicing of region economy

Directory of Open Access Journals (Sweden)

L. P. Paristova

2016-01-01

Full Text Available Development of a transport complex of the region and transport servicing becomes more and more urgent every year and exerts the increasing impact on development of the region in general. In article basic provisions of transport servicing of economy of the region are determined. On the basis of a research of approaches to determination of transport servicing the author's understanding of this process is provided. The system of transport servicing of the region is considered as set of elements of transport infrastructure through which interaction the needs for cargo transfer and passengers in the region are satisfied. It is the open system having the isolated internal environment and interacting with the external environment. At the same time the internal environment consists of elements between which communication is much stronger, than with the elements constituting the external environment. In market conditions the urgent problem of uncertainty of the external environment influences in turn a condition and development of system of transport servicing of the region, changing external and internal conditions of its functioning. The characteristic of system of transport servicing of the region is provided. Methods of regulation of transport servicing are determined. Features of transport servicing of economy of the region are marked out: need of updating of a property, plant and equipment on transport and development of transport infrastructure; insufficient development of strategic planning of transport as single complex within transport system and in a general context of development of productive forces; the low investment and innovative activity in a motor transportation industry caused by reducing internal and foreign investments, decrease in financing from the government budget. The research of a condition of standard legal support of development of a transport complex in the Voronezh region is conducted, the analysis of the strategic and

Competition and Outsourcing with Scale Economies

OpenAIRE

Gérard P. Cachon; Patrick T. Harker

2002-01-01

Scale economies are commonplace in operations, yet because of analytical challenges, relatively little is known about how firms should compete in their presence. This paper presents a model of competition between two firms that face scale economies; (i.e., each firm's cost per unit of demand is decreasing in demand). A general framework is used, which incorporates competition between two service providers with price- and time-sensitive demand (a queuing game), and competition between two reta...

Trade policy and quality leadership in transition economies

NARCIS (Netherlands)

Moraga-González, José Luis; Viaene, Jean Marie

Trade policy and quality leadership in transition economies are analyzed in a duopoly model of trade and vertical product differentiation. We first show that the incidence of trade liberalization is sensitive to whether firms in transition economies are producers of low or high quality. Second, we

Public and Hidden Economies in Atuntaqui (Ecuador: The Challenge of Sustaining Cooperation in Textile Production

Directory of Open Access Journals (Sweden)

Rudi Colloredo-Mansfeld

2013-09-01

Full Text Available In the 2000s, Atuntaqui’s quality improvement program, joint marketing investments, and cultural initatives were designed to leverage the power of strategic cooperation. Over the course of several development projects, however, social interactions became more inclusive and more contentious. In this paper, we introduce the idea of a public economy and contrast it with narrower social capital theories to account for the benefits of Atuntaqui’s move from hidden production to an open trade. With data from field research that spans seven years, this article documents how the pressures of rapid manufacturing growth and the missteps in managing civic projects have undermined public participation and closed off important features of the public economy. The paper concludes with observa­tion about how to revive more robust collaborations through diversification of local participants, strengthening of the chamber of commerce, and recognizing and including the large wave of new, smaller producers. 

Collaborative Economy

DEFF Research Database (Denmark)

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

Economy and greenhouse effect. The money and the weather; Economie et effet de serre. L'argent et le temps qu'il fait

Energy Technology Data Exchange (ETDEWEB)

Ekeland, I. [Universite de Colombie-Britannique, Vancouver (Canada); Brandouy, O. [Universite des Sciences et technologies de Lille, 59 - Villeneuve d' Ascq (France)

2007-01-15

The economy theory of the growth is not really adapted to the environment: the future generations will be richer as us concerning the industry but not the environment. On the economy sector, many financial products appear to facing the climatic change and the carbon emissions reductions. The author presents these new products and their consequences in a social justice framework. (A.L.B.)

STATE INTERVENTION IN THE ECONOMY

Directory of Open Access Journals (Sweden)

Andreea-Elena, BURDUF (MIERLARU

2014-11-01

Full Text Available Starting from the deffinition of protectionism, an economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow, according to proponents fair competition between imports and goods and service produced domestically, I am compelled to find Manoilescu's vision of economy. Was this system of political and economic measures of protection of national products from similar foreign products Manoilescu's vision? In the spirit of clasical protectionist doctrine, Manoilescu thought that the focal point of economy was the national economy, the sum of production assets and a conglomerate of individual traders. Amongst national production assets the foremost is the labour, capital and the others having only secondary importance in direct comparison. After the great depression of 1929, his book, The theory of protectionism and international exchanges , was the basis for justifying protectionism in Brazil while in Romania he had to face hostility from authorities, making it impossible for him, even if for several months in 1931 he was the Governor of the National Bank, to apply his vision to end the economic crisis in Romania. M. Manoilescu analyzed the state's economic role and how this is reflected in modern economic science. He saw the state as having the role of setting certain convergent common goals for the whole society and to set rules that removes free will in economic decisions, thus creating the premises for a regulated economic space, based on the transition from little rationale of firms to big rationale of national economy. He demonstrated the necessity of state intervetionism, he has shared the conviction that through the alignment of the Romanian economic strategy to the one from the developed countries the lagging behind of Romania could be surpassed. M. Manoilescu took the occidental type economic policies of the time

A report on the development of China¡¯s market economy 2005

OpenAIRE

LI Xiaoxi

2006-01-01

This paper dicusses on the issue of the development of China s market economy from six aspects. (1) Basic Content and Conclusions on the development of China s market economy. (2) Further progress in building market-oriented economy in China. (3) Assessment of the degree of market economy development in China. (4) New progress in 2004 in developing market economy in China. (5) A general analysis of twelve key questions concerning market economy. (6) Resolution of the non-market economy issue:...

Swiss economy and the future energy policy

International Nuclear Information System (INIS)

Leuenberger, A.F.

1997-01-01

Lecture of the president of the Swiss Trade and Industry Association at their premises on the occasion of the Annual General meeting of the SVA. The lecture dealt with the subject of economic growth and the difficulties faced by this growth in Switzerland. He formulated energy-political theories in respect of provision security, market economy, free choice between suppliers, economy-friendly energy laws, keeping the nuclear energy option open

Development and growth of science-intensive production of lube oil additives in the transition to a market economy

International Nuclear Information System (INIS)

Zhurba, A.S.; Burlaka, G.G.; Pravikov, A.A.

1992-01-01

In the Soviet petroleum refining and petrochemical industry, preference with respect to science-intensive development should be given to lube oil additives as production objects which are characterized by high cost of scientific developments and which are major factors influencing scientific and technical progress in many branches of the economy. The role of additives is becoming much more significant because of dwindling resources of crude oils with high potential contents of lube fractions (18-20%); other factors are the phasing out of ecologically harmful technologies, unsatisfactory utilization of used oils, and so on. Under these conditions, the use of additives is essentially the only method for increasing the efficiency of lube oil production and improving the product quality, which, together with improved design and materials for the lubricating components and an improvement of the professional and cultural level of their operation, will logically bring forth a marked curtailment of lubricant consumption. Outside the USSR, additive production, thanks to its conversion into a rapidly progressing subbranch of the petroleum refining industry, has become the object of capital investment. Under conditions of a market economy, additive manufacture is characterized by a high level of specialization and concentration, various forms of cooperation, profitability, and competitiveness. Because of the existence of a branch network of retail and wholesale trade, production of lube oils and additives can be adjusted rapidly to meet the requirements of the domestic and world market

Applying a Virtual Economy Model in Mexico's Oil Sector

International Nuclear Information System (INIS)

Baker, G.

1994-01-01

The state of Mexico's oil industry, including the accomplishments of Pemex, Mexico's national oil company, was discussed, with particular reference to the progress made in the period of 1988-1994, and the outlook for innovations in the post-Salinas era. The concept of an evolutionary trend from a command economy (State as sole producer), towards market (State as regulator) or mixed economies (State as business partner) in developing countries, was introduced, placing Pemex within this evolutionary model as moving away from centralized control of oil production and distribution, while achieving international competitiveness. The concept of ''virtual market economy'' was also discussed. This model contains the legal basis of a command economy, while instituting modernization programs in order to stimulate market-economic conditions. This type of economy was considered particularly useful in this instance, sine it would allow Pemex units to operate within international performance and price benchmarks while maintaining state monopoly. Specific details of how Pemex could transform itself to a virtual market economy were outlined. It was recommended that Pemex experiment with the virtual mixed economy model; in essence, making the state a co-producer, co-transporter, and co-distributor of hydrocarbons. The effects of such a move would be to bring non-debt funding to oil and gas production, transmission, and associated industrial activities

Matter, Space, Energy, and Political Economy: The Amazon in the World-System

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Stephen G. Bunker

2015-08-01

Full Text Available Many authors have attempted co-incorporate the local into the global. World-systems analysis, though, is rooted in processes of production, and all production remains profoundly local. Understanding the expansion and intensification of the social and material relations of capitalism that have created and sustain the dynamic growth of the world-system from the local to the global requires analysis of material processes of natural and social production in space as differentiated by topography, hydrology, climate, and absolute distance betweenplaces. In this article, I consider some of the spatio-material configurations chat have struc-tured local effects on global formations within a single region, the Amazon Basin. I first detail and criticize the tendency in world system and globalization analysis, and in the modern social sciences generally, to use spatial metaphors without examining how space affects the material processes around which social actors organize economy and policy. I next examine thework of some earlier social scientists who analyzed specific materio-spatial configurations as these structured human social, economic, and political activities and organization, searching for possible theoretical or methodological tools for building from local to global analysis. I then review some recent analyses of spatio-material determinants of social and economic organiza-tion in the Amazon Basin. Finally, I show that the 400-year-long sequence of extractive econ-omies in the Amazon reflected the changing demands of expanded industrial production in the core, and how such processes can best be understood by focusing our analysis on spatio-material configurations of local extraction, transport, and production. The Amazon is but one of the specific environments that have supplied raw materials to changing global markets, but close consideration of how its material and spatial attributes shaped the global economy provides insights into the ways

Solar emergy evaluation for Chinese economy

International Nuclear Information System (INIS)

Yang, Z.F.; Jiang, M.M.; Chen, B.; Zhou, J.B.; Chen, G.Q.; Li, S.C.

2010-01-01

A unified evaluation integrating various forms of energy sources and natural resources, products and services, and imports and exports is carried out systematically at the national scale for the booming Chinese economy 1978-2005, based on the ecological measure of solar emergy. The development of the economy is shown heavily dependent on the consumption of nonrenewable natural resources. Of the total resources use, the indigenous resources contribute the most, along with the increasing imports of nonrenewable resources. The development of the Chinese economy is characterized with the recovery stage during 1978-1981, transformation stage during 1981-1991, steady growth stage during 1991-2000, and accelerated increase stage after 2000, with specific distinctive systems indications.

Knowledge based economy in European Union

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Ecaterina Stănculescu

2012-04-01

Full Text Available Nowadays we assist at a fundamental change from the economy based mainly on resources to the one based mostly on knowledge. The concept has been launched in the last decade of the past century. The knowledge became a production agent and a value creation instrument for whatever country and of course for an entire community like European Union which is constantly concerned by its development and competitiveness. This paper presents the principal characteristics of the present EU preoccupations with the expansion of a knowledge based economy through the 2020 European Development Strategy for smart, sustainable and inclusive economy, and especially for the Framework Programs (Framework Programme 7 and Competitiveness and Innovation Framework Programme.

Financial Intermediation, Competition, and Risk : A General Equilibrium Exposition

NARCIS (Netherlands)

Di Nicolo, G.; Lucchetta, M.

2010-01-01

We study a simple general equilibrium model in which investment in a risky technology is subject to moral hazard and banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank capital ratios, more efficient production plans and

Real economy versus virtual economy - New challenges for nowadays society

Directory of Open Access Journals (Sweden)

Associates Professon Dr. Veronica Adriana Popescu

2011-05-01

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

Market Economy under Rapid Globalization and Rising Productivity

OpenAIRE

Konov, Joshua Ioji

2012-01-01

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

The symbolic economy of drugs.

Science.gov (United States)

Lentacker, Antoine

2016-02-01

This essay reviews four recent studies representing a new direction in the history of pharmaceuticals and pharmaceutical science. To this end, it introduces the notion of a symbolic economy of drugs, defined as the production, circulation, and reception of signs that convey information about drugs and establish trust in them. Each of the studies under review focuses on one key signifier in this symbolic economy, namely the brand, the patent, the clinical trial, and the drug itself. Drawing on Pierre Bourdieu's theory of the economy of symbolic goods, I conceptualize these signifiers as symbolic assets, that is, as instruments of communication and credit, delivering knowledge, carrying value, and producing authority. The notion of a symbolic economy is offered with a threefold intention. First, I introduce it in order to highlight the implications of historical and anthropological work for a broader theory of the economy of drugs, thus suggesting a language for interdisciplinary conversations in the study of pharmaceuticals. Second, I deploy it in an attempt to emphasize the contributions of the recent scholarship on drugs to a critical understanding of our own contemporary ways of organizing access to drugs and information about drugs. Finally, I suggest ways in which it might be of use to scholars of other commodities and technologies.

Synergies between agriculture and bioenergy in Latin American countries: A circular economy strategy for bioenergy production in Ecuador.

Science.gov (United States)

Vega-Quezada, Cristhian; Blanco, María; Romero, Hugo

2017-10-25

This study quantifies the synergies between agriculture and bioenergy considering biodiesel production as part of a set of systemic initiatives. We present a case study in Ecuador taking into account the recent government measures aimed at developing the bioenergy sector. Four scenarios have been evaluated through a newly designed systemic scheme of circular-economy initiatives. These scenarios encompass three production pathways covering three energy crops: palm oil (PO), microalgae in open ponds (M1) and microalgae in laminar photobioreactors (M2). We have applied Benefit-Cost Analysis (BCA) methodology considering the Net Present Value (NPV) and the Benefit-Cost Ratio (BCR) as the main evaluation criteria. In terms of private investment, biodiesel production from PO is more attractive than from M2. However, regarding efficiency and effectiveness of public funds, M2 is superior to PO because the public BCR and NPV are higher, and the pressure on agricultural land is lower. Moreover, M2 as part of a systemic approach presents a better carbon balance. These findings show that, under a systemic approach based on circular economy, strategies like the one analyzed in this study are economically feasible and may have a promising future. Copyright © 2016 Elsevier B.V. All rights reserved.

Characterization of the Small and Median Companies in the Textile Sector of the Ecuadorian Economy

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Jenny Lilián Basantes–Avalos

2015-12-01

Full Text Available The small and median companies perform a fundamental role in the economy of latinoamerican countries, and Ecuador is not the exception, because of its incidence in the generation of employment and economic development. Historically, Ecuador has been a textile country by excellence, and with the years has been consolidated like one of the manufactured industries most importants of the country. However, the sector has to deal with adverse condition in the last decade. For such reason, the manufacturers have the challenge of improve the production techniques to promote a better quality offer and recognition, capable of competing with foreign products of similar characteristics. In this context, this paper has the intent to characterize the small and median companies of Ecuador in general and the textile sector as a particularity, its current situation, the importance of the Ecuadorian economy, such as their problems and opportunities. 

More chemistry between green and growth. The opportunities and dilemmas of a bio-based economy; Meer chemie tussen groen en groei. De kansen en dilemma's van een biobased economy

Energy Technology Data Exchange (ETDEWEB)

NONE

2010-12-15

A bio-based economy is one in which enterprises manufacture non-food products from biomass. Such products include fuel for the transport industry, chemicals, materials, and energy. Biomass is the biological material of living or recently living organisms, either animal or vegetable. With technology becoming more sophisticated, it is growing easier to turn plants, trees, crops, and residual animal waste into biomass. Waste and waste streams are increasingly being used as input in production processes, thereby gaining an economic value of their own. They are giving rise to new, sustainable products with considerable added value that replace products based on non-renewable materials. New bio-based products may offer the Netherlands new economic opportunities. The Dutch can already boast a number of distinct advantages in that respect, thanks to the sophistication of their industrial sector, agro-industry, chemicals and energy industries, and transport and logistics sector - all key sectors in a bio-based economy. However, the growing world population and increasing level of prosperity worldwide, and the environmental and climate problems associated with such growth, are adding to the complexity of policy-making aimed at developing a bio-based economy. The shift from fossil-based to bio-based materials must be part of a comprehensive policy aimed at achieving a sustainable economy. [Dutch] In dit advies gaat de SER in op mogelijkheden en knelpunten van de biobased economy. In een biobased economy dienen plantaardige en dierlijke biomassa (zoals gewassen, planten, snijafval, mest) als groene grondstoffen om non-food producten mee te maken (denk aan cosmetica, bioplastics, brandstoffen). De SER vindt dat de rijksoverheid stevig moet inzetten op een biobased economy met meer gesloten kringlopen. Dit draagt immers bij aan economische groei en aan een meer duurzame economie (gesloten kringlopen, gunstige arbeidsomstandigheden)

From user-producer relations to the learning economy

DEFF Research Database (Denmark)

Johnson, Bjørn

2011-01-01

This paper deals with three issues. First, the conceptual and theoretical development in Lundvall’s writing from user–producer relations to the learning economy is discussed with a focus on his main contributions to innovation theory. Second, Lundvall’s description of the learning economy...... the learning economy is placed as a central concept in the quest for a general theory of innovation, which for many years has characterized Lundvall’s writings....... is extended in that it is argued that it is driven by its internal contradictions, and by the institutional responses to these contradictions. This approach is not in conflict with Lundvall’s views, but he has not pursued it and it may give new insights into the dynamics of the learning economy. Finally...

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

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O. Pimenova

2014-09-01

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

Firm-Level Productivity and Management Influence: A Comparison of U.S. and Japanese Automobile Producers

OpenAIRE

Marvin B. Lieberman; Lawrence J. Lau; Mark D. Williams

1990-01-01

This study compares the productivity of six major US and Japanese motor vehicle manufacturers---General Motors, Ford, Chrysler, Toyota, Nissan and Mazda---from the early 1950's through 1987. Techniques of productivity measurement, conventionally applied at the level of industries or national economies, are adapted for the analysis of individual firms. Several potential determinants of growth in productivity are evaluated, including economies of scale, adoption of "just-in-time" manufacturing,...

Circular economy and waste to energy

Science.gov (United States)

Rada, E. C.; Ragazzi, M.; Torretta, V.; Castagna, G.; Adami, L.; Cioca, L. I.

2018-05-01

Waste management in European Union has long being regulated by the 4Rs principle, i.e. reduction, reuse, recycling, recovery, with landfill disposal as the last option. This vision recently led the European Union (especially since 2015) to the introduction of virtuous goals based on the rejection of linear economy in favour of circular economy strongly founded on materials recovery. In this scenario, landfill disposal option will disappear, while energy recovery may appear controversial when not applied to biogas production from anaerobic digestion. The present work aims to analyse the effects that circular economy principles introduced in the European Union context will have on the thermochemical waste treatment plants design. Results demonstrate that indirect combustion (gasification + combustion) along with integrated vitrification of the non-combustible fraction of treated waste will have a more relevant role in the field of waste treatment than in the past, thanks to the compliance of this option with the principles of circular economy.

ANALYSIS OF INFLUENCE FACTORS OF ECONOMIC EFFICIENCY ON THE ECONOMY OF THE INTEGRATED STRUCTURES

Directory of Open Access Journals (Sweden)

I. P. Bogomolova

2014-01-01

Full Text Available Currently in Russia, special attention is paid to the food industry, providing a key influence on the state's economy and food security of the country. The food industry not only creates substantial part of the gross domestic product, which is one of the main sources of fillings budgets of all levels, and contributes to the strengthening of the state in world markets. These circum-stances make it necessary to increase the efficiency of industrial structures by mobilizing factors affecting the economy of enterprises, including by shifting emphasis on the integration of food industry enterprises in General competitiveness of the goods produced, the stability of the entire industry, its leading industries and organizations. The article substantiates the expediency of application of integrated structures, discusses the methods and tools of analysis of influence factors of economic efficiency on the economy of inte-grated structures. Evaluation is recommended in two key areas: assessment of the financial condition and evaluation of training and development of staff, taking into account the strategic objectives of integrated structures. The analysis makes it possible to correctly allocate financial resources and to achieve balanced economic performance management through more effective use of credit re-sources, the rational management of economic parameters optimization of the number of employees and production capacity.

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

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Alberto Benítez

2014-11-01

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

Circular Economy: Questions for Responsible Minerals, Additive Manufacturing and Recycling of Metals

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Damien Giurco

2014-05-01

Full Text Available The concept of the circular economy proposes new patterns of production, consumption and use, based on circular flows of resources. Under a scenario where there is a global shift towards the circular economy, this paper discusses the advent of two parallel and yet-to-be-connected trends for Australia, namely: (i responsible minerals supply chains and (ii additive manufacturing, also known as 3D production systems. Acknowledging the current context for waste management, the paper explores future interlinked questions which arise in the circular economy for responsible supply chains, additive manufacturing, and metals recycling. For example, where do mined and recycled resources fit in responsible supply chains as inputs to responsible production? What is required to ensure 3D production systems are resource efficient? How could more distributed models of production, enabled by additive manufacturing, change the geographical scale at which it is economic or desirable to close the loop? Examples are given to highlight the need for an integrated research agenda to address these questions and to foster Australian opportunities in the circular economy.

Collaborative Economy

DEFF Research Database (Denmark)

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

Collaborative Economy

DEFF Research Database (Denmark)

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

Innovative economy: preconditions and factors of formation and development

Directory of Open Access Journals (Sweden)

Alexandru GRIBINCEA

2017-03-01

Full Text Available Dynamic economic growth can be considered an important factor in the country’s competitiveness in the market system. In the process of improvement of the market economy model, priority should be given to development of production on a new technical basis, innovation activity to translate scientific and technological research results into production, creation of new technological processes and restructuring in on the modern scientific and technological basis of all branches concerning material production and the service sector. The purpose of the study is to identify the assumptions and factors regarding the formation and development of innovative economy.

Institutional Framework of Income Inequality in Modern Economy

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Malkina Marina, Yu.

2016-03-01

Full Text Available The subject of this paper is interpersonal income inequality in Russia and in the world and its institutional framework. On the basis of in-depth analysis of the literature we explore the causes and consequences of inequality and its relationship with economic development. We distinguish four basic causes of income inequality: natural and acquired features of people; status differences and their limitations; differences in productivity and development peculiarities in various industries; uneven distribution of accumulated property, as well as the return on assets in dynamics and assets assessment characteristics. By means of the calculation of a number of generalizing measures (coefficient of variation, Gini, Hoover, Theil, Theil-Bernoulli and Atkinson indexes for the Russian economy we revealed a positive relationship between the average level of wages in industries and its intra-differentiation, which is more typical for the private sector of the economy. At the same time it has been found convergence in salaries differentiation in the public sector of the Russian economy to salaries differentiation in the private sector, while there is not confirmed any correlation between wage level and intra-wage differences in the public sector industries. It enabled us to conclude about the deterioration of the institutional environment in the public sector. In the second part of our paper we compared two approaches to the role of institutional environment in inequality: the approach of T. Piketty (according to which rising inequality is the result of market laws and market institutions in general, and the approach of D. Acemoglu and others (inequality is due to the bad quality of institutions, which is formed largely endogenously in a particular environment. Bending over to the second point of view, we analyzed the relationship between inequality and interdependence of political and economic institutions. In particular, we examined the impact of the

CONTRIBUTIONS OF “KNOWLEDGE” IN WORLD ECONOMY

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Gabriela-Liliana CIOBAN

2016-09-01

Full Text Available The effect of knowledge globally is reflected in the growth / development of national economies and improvement of living standards of the population. Arguments underlying this statement are reflected in the values ​​held by certain indicators (Knowledge Economy Index, Gross Domestic Product, Index of Innovation, Knowledge Intensive Services etc. and their effects on national economies. Factors contributing to the development of these indicators are the "key" to success in each economy and also part of their basic foundation. The explanation so far obliges us to analyze current global economic situation and its prospects. As a first step we will try to answer the question "What is the generator factor of growth / prosperity in different countries?" and to identify its evolution over time. A second stage of the study will represent an analysis in the architecture centers of power due to the competitive advantage held by certain countries / companies in creating wealth. The study is based upon emergence and strengthening of competitiveness in the businesses and the national economy. Knowledge-intensive services’ presence in the world's economies is a vital source of economic growth.

The Economic Crisis and Several Effects on Global Economy

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Florina BRAN

2011-01-01

Full Text Available The main mechanism of profit making is not production according to the outcomes of several analyses of the current economic crisis. This mechanism is circulation and exchange. Starting with this observation the paper goes through a number of aspects regarding the relation between crisis and economy at global level. These aspects consist in the recent financial turmoil; who pays for the crisis; stabilizing the financial sector; recession and the financial crisis; the internationalization of the crisis; commodities and the ecological crisis; an end to neo-liberalism; what should socialists demand. We notice and comment on how important current development in the wake of the banking crisis is for the transmission of that crisis to the rest of the economy and its interaction with the more general economic crisis now emerging. It was concluded that there are good chances that the current economic order to be broken. The future shape of the order will depend more on vision of managers than on the influence of the so called objective factors.

Bobos in Paradise: Urban Politics and the New Economy

OpenAIRE

Gilles Saint-Paul

2015-01-01

This paper provides some elements to explain the observed takeover in some urban areas of a new kind of elite associated with new economy jobs, also known as "bourgeois bohème" (bobos). This takeover has been associated with greater investment in urban amenities and "clean" means of transport, with adverse effects on commuting time. The model allows us to explain those developments by productivity is growth in the new economy, and by the differences in production processes between the new and...

Leadership and the Nigerian Economy

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Victor E. Dike

2014-02-01

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

40 CFR 600.006-86 - Data and information requirements for fuel economy vehicles.

Science.gov (United States)

2010-07-01

... fuel economy vehicles. 600.006-86 Section 600.006-86 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-General Provisions § 600.006-86 Data and...

40 CFR 600.006-89 - Data and information requirements for fuel economy vehicles.

Science.gov (United States)

2010-07-01

... fuel economy vehicles. 600.006-89 Section 600.006-89 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-General Provisions § 600.006-89 Data and...

Productivity Change and Externalities

DEFF Research Database (Denmark)

Kravtsova, Victoria

2014-01-01

This paper contributes to the analysis of the impact of externalities on the host country's total factor productivity by taking into account different dimensions of spillover effects. Namely, engagement in exporting and foreign ownership is generally perceived as being beneficial to individual...... firms and the economy as a whole. The approach used in the current research accounts for different internal as well as external factors that individual firms face and evaluates the effect on changes in productivity, technology as well as the efficiency of domestic firms. The empirical analysis focuses...... on Hungary. While the country leads the group of post-socialist countries in the amount of attracted foreign direct investments (FDI) the effect of this policy on the economy remains unclear. The research finds that different externalities play a different role in productivity, technological and efficiency...

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

International Nuclear Information System (INIS)

Böhringer, Christoph; Rutherford, Thomas F.

2013-01-01

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

The EU anti-dumping policy against non-market economies - The choice of an analogue country and the quality of products

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller; Rutkowski, Aleksander Jerzy

2003-01-01

This paper uses the theory of international trade in vertically differentiated products in order to evaluate if the EU, since 1992, in its anti-dumping policy against the two non-market economies, Russia and China, has calculated higher dumping margins, when the level of economic development and ...

Folk toys in Central Thailand: Product development for a creative economy

Directory of Open Access Journals (Sweden)

Wanna Pichetpruth

2015-11-01

Full Text Available Folk toys in Central Thailand are a part of local Thai local wisdom. Creative folk toys are a part of cultural heritage and Thai creative and sustainable economic development. So, this research aimed to study 1 the indigenous folk toys in central Thailand, 2 the toy production problems and solution guidelines, and 3 the toy product development for the creative economy. The study employed a qualitative research method. The target group consisted of the selected communities in Nonthaburi Province, Ayutthaya Province and Suphanburi Province and folk toy sources. The informants were: 15 folk toy enterprise presidents, government officers and local experts as the key informants, 45 folk toy enterprise members as the causal informants and 45 customers as the general informants. Data were collected by means of interview, observation, focus group discussion and workshop from field study. Qualitative data were analyzed by inductive analysis method with triangular verification and the research results were presented by a descriptive analysis method. The research results revealed that folk toys in Central Thailand were derived from local indigenous knowledge that was created and transmitted through the generations for at least 700 years. Most of the folk toys in Central Thailand were produced by natural, local and easily found materials, using natural colors. The beauty, styles and quality of natural and man-made children’s toys were based on parental competency. Moreover, creation of folk toys is a form of Thai handicraft. Thai people truly believe that toys are symbols of parental love and attention and the tools to build up children’s growth in terms of lifestyle and creative mind. The findings show that folk toys in Central Thailand are made of special soil, wood, bamboo, lan leaf, tan leaf and coconut shell. Folk toys are categorized in four groups: 1 fun toys, such as krataewien, explosive bamboo, king drum, nangkop drum, rhythm coconut shell

Safe and Sustainable: Optimizing Material Flows in a Circular Economy

DEFF Research Database (Denmark)

Fantke, Peter

(unsustainable). When maximizing resource use efficiency and reducing carbon and other emissions through recycling (sustainable), direct consumer exposure is often increased through cross-contamination of recycled materials (unsafe). Hence, circular economy currently fails to unite the required expertise...... to imultaneously increase sustainability and reduce exposure to chemicals in materials reused across life cycles of different products. For a way out of this dilemma, a paradigm shift is needed towards a comprehensive and quantitative assessment framework.......Increasing the sustainability of a globally connected economy is gaining wide attention in a world with limited natural resources and growing chemical pollution. The circular economy has emerged as away to reduce carbon and other emissions, while increasing resource efficiency over several product...

Agglomeration Economies in Classical Music

DEFF Research Database (Denmark)

Borowiecki, Karol Jan

2015-01-01

This study investigates agglomeration effects for classical music production in a wide range of cities for a global sample of composers born between 1750 and 1899. Theory suggests a trade-off between agglomeration economies (peer effects) and diseconomies (peer crowding). I test this hypothesis...

Economy-wide impacts of biofuels in Argentina

International Nuclear Information System (INIS)

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

2013-01-01

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

Circular economy: To be or not to be in a closed product loop? A Life Cycle Assessment of aluminium cans with inclusion of alloying elements

DEFF Research Database (Denmark)

Niero, Monia; Olsen, Stig Irving

2016-01-01

Packaging, representing the second largest source of aluminium scrap at global level, deserves a key role in the transition towards the circular economy. Life Cycle Assessment (LCA) of aluminium products has been typically based on one life cycle considering pure aluminium flows and neglecting...... the presence of alloying elements and impurities. However, this simplification undermines the potentials of using LCA to quantify the environmental performances of products in multiple loops, as required in the circular economy. This study aims to investigate the effects of including the actual alloy...... composition in the LCA of aluminium can production and recycling, in order to understand whether a can-to-can (i.e. closed product loop) recycling should be promoted or not. Mass balance of the main alloying elements (Mn, Si, Cu, Fe) was carried out at increasing levels of recycling rate, corresponding...

The feasibility of biomass production for the Netherlands energy economy

International Nuclear Information System (INIS)

Lysen, E.H.; Daey Ouwens, C.; Van Onna, M.J.G.; Blok, K.; Okken, P.A.; Goudriaan, J.

1992-05-01

The title study aims at providing a reliable overview of the technical and financial parameters for the available and potential methods of energy production through biomass. In the study the production of biomass has been separated as much as possible from the transport and the conversion of energy carriers such as fuels or electricity. The assessment of the feasibility is based upon data analysis in phase A of the study and subsequent interviews with key institutes and industries in the Netherlands in phase B. The problems in agriculture and environment justify an active policy with respect to the use of biomass for the Netherlands' energy economy. The developments and the programmes in other European countries and the USA, the fact that a good infrastructure is present in the Netherlands, and the possible spin-off for developing countries justify this conclusion. It is recommended to initiate a focused national programme in the field of biomass energy, properly coordinated with the present ongoing Energy from Waste programme (EWAB) and with ongoing international programmes. The programme should encompass both research and development, as well as a few demonstration projects. Research to reduce costs of biomass is important, largely through reaching higher yields. In view of the competitive kWh costs of combined biomass gasifier/steam and gas turbines systems, based upon energy and environmental considerations, development and demonstration of this system is appropriate. 14 figs., 24 tabs., 6 app., 99 refs

Biobased economy : state-of-the-art assessment

NARCIS (Netherlands)

Nowicki, P.L.; Banse, M.A.H.; Bolck, C.H.; Bos, H.L.; Scott, E.L.

2008-01-01

The interest in the biobased economy stems from the possibility to substitute biologically derived materials and processes for the production of goods that will, therefore, result in a reduced use of petroleum and petro-chemistry. Other reasons are the reduction in the energy required in production

WORLD ECONOMY POST-CRYSIS DEVELOPMENT

Directory of Open Access Journals (Sweden)

Sergiu GARSTEA

2016-01-01

Full Text Available Once the acute phases of the financial and euro crises were over, it was clear that it would take time for advanced economies to recover. The history of past financial crises gave a clear warning that recovery would typically be long and painful. The aim is to investigate the state of the world economy to make some conclusions for the less advanced countries, like Moldova. Research methodology involves analytical, comparative, foresight, induction and deduction methods. New development and planning institutions presume the rejection of forms of bureaucratic centralism and base on network forms of organization of the subject and the process of production, trade and services.

The (APolitical Economy of Bitcoin

Directory of Open Access Journals (Sweden)

Vasilis Kostakis

2014-06-01

Full Text Available The still raging financial crisis of 2007–2008 has enabled the emergence of several alternative practices concerning the production, circulation and use of money. This essay explores the political economy of the Bitcoin ecosystem. Specifically, we examine the context in which this digital currency is emerging as well as its nature, dynamics, advantages, and disadvantages. We conclude that Bitcoin, a truly interesting experiment, exemplifies "distributed capitalism" and should be mostly seen as a technological innovation. Rather than providing pragmatic answers and solutions to the current views on the financial crisis, Bitcoin provides some useful and timely questions about the principles and bases of the dominant political economy.

Learning in Organizations: A corporate curriculum for the knowledge economy

NARCIS (Netherlands)

Kessels, Joseph

2001-01-01

This paper elaborates on the argument that the economy is transforming into a knowledge economy. Therefore, individuals, teams and companies need to develop the necessary competencies to be able to participate in a working life that is mainly based on knowledge productivity. The traditional

DEVELOPMENT OF THE ALGORITHM FOR CHOOSING THE OPTIMAL SCENARIO FOR THE DEVELOPMENT OF THE REGION'S ECONOMY

Directory of Open Access Journals (Sweden)

I. S. Borisova

2018-01-01

Full Text Available Purpose: the article deals with the development of an algorithm for choosing the optimal scenario for the development of the regional economy. Since the "Strategy for socio-economic development of the Lipetsk region for the period until 2020" does not contain scenarios for the development of the region, the algorithm for choosing the optimal scenario for the development of the regional economy is formalized. The scenarios for the development of the economy of the Lipetsk region according to the indicators of the Program of social and economic development are calculated: "Quality of life index", "Average monthly nominal wage", "Level of registered unemployment", "Growth rate of gross regional product", "The share of innovative products in the total volume of goods shipped, works performed and services rendered by industrial organizations", "Total volume of atmospheric pollution per unit GRP" and "Satisfaction of the population with the activity of executive bodies of state power of the region". Based on the calculation of development scenarios, the dynamics of the values of these indicators was developed in the implementation of scenarios for the development of the economy of the Lipetsk region in 2016–2020. Discounted financial costs of economic participants for realization of scenarios of development of economy of the Lipetsk region are estimated. It is shown that the current situation in the economy of the Russian Federation assumes the choice of a paradigm for the innovative development of territories and requires all participants in economic relations at the regional level to concentrate their resources on the creation of new science-intensive products. An assessment of the effects of the implementation of reasonable scenarios for the development of the economy of the Lipetsk region was carried out. It is shown that the most acceptable is the "base" scenario, which assumes a consistent change in the main indicators. The specific economic

GDP and efficiency of Russian economy

Science.gov (United States)

Borodachev, Sergey M.

2018-01-01

The goal is to study GDP (gross domestic product) as an unobservable characteristic of the Russian national economy state on the basis of more reliable observed data on gross output (systems output) and final consumption (systems control). To do this, the dynamic Leontief model is presented in a system-like form and its parameters and GDP dynamics are estimated by the Kalman filter (KF). We consider that all previous year's investments affect the growth of the gross output by the next year. The weights of these investments in the sum are equal to unity and decrease in geometric progression. The estimation of the model parameters was carried out by the maximum likelihood method. The original data on the gross output and final consumption in the period from 1995 to 2015 years where taken from the Rosstat website, where maximally aggregated economy of Russia is reflected in the system of national accounts. The growth of direct costs and capital expenditures at gross output increase has been discovered, which indicates the extensive character of the development of the economy. Investments are being absorbed 2 - 4 years; any change of them causes a surge of commissioned fixed assets fluctuation with a period of 2 years. Then these parameter values were used in the KF to estimate the states of the system. The emerging tendency of the transition of GDP growth to its fall means that the rate of growth of final consumption is higher than the rate of GDP growth. In general, the behavior of the curve of Rosstat GDP obviously follows the declared investments, whereas in the present calculation it is closer to the behavior of final consumption. Estimated GDP and investments that really increased it were significantly less after the crisis of 2008-2009 years than officially published data.

Formal-informal economy linkages: What implications for poverty in ...

African Journals Online (AJOL)

The findings have implications for poverty analysis in South Africa. Policy which views poverty as being located outside the mainstream of the economy – in the so-called 'second' economy – is misleading. Instead, an integrated approach which views poverty as linked to and a product of the trajectory and growth patterns of ...

Water security for productive economies: Applying an assessment framework in southern Africa

Science.gov (United States)

Holmatov, Bunyod; Lautze, Jonathan; Manthrithilake, Herath; Makin, Ian

2017-08-01

Achieving water security has emerged as a major objective in Africa, yet an analytical or diagnostic framework for assessing water security in African countries is not known to exist. This paper applies one key dimension of the 2016 Asian Development Bank's (ADB) Asian Water Development Outlook (AWDO) to assess levels of water security for productive economies in countries of the Southern African Development Community (SADC). Economic aspects of water security cover four areas: economic activities in the broad sense, agriculture, electricity, and industry. Water security in each area is measured through application of a set of indicators; results of indicator application are then aggregated to determine economic water security at a country-level. Results show that economic water security in SADC is greatest in the Seychelles and South Africa, and lowest in Madagascar and Malawi. Opportunities for strengthening economic water security in the majority of SADC countries exist through improving agricultural water productivity, strengthening resilience, and expanding sustainable electricity generation. More profoundly, this paper suggests that there is clear potential and utility in applying approaches used elsewhere to assess economic water security in southern Africa.

Comparison between response dynamics in transition economies and developed economies

Science.gov (United States)

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

2010-10-01

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

Economy of the Arctic “Islands”: The Case of Nenets and Chukotka Autonomous Okrugs

Directory of Open Access Journals (Sweden)

Alexander Nikolayevich Pelyasov

2017-03-01

Full Text Available The article discusses the economy of Arctic «islands». These territories of the Russian Arctic are unavailable by transport all the year round and have considerable specificity in comparison with the other regions of the Russian and North European Arctic. The authors consider the economy of Arctic «islands» on the example of the Nenets and Chukotka Autonomous Areas. Despite the significant similarity in the economic and social parameters, after careful study, two regions show considerable internal differences. In order to identify dissimilarity, in the comparative analysis, we use the theoretical idea of the Arctic economy as a unity of three sectors — the traditional one, corporate (market one and transfer (state one. Each sector has the key contradictions, structures and its trajectory of evolution. The comparison of traditional sectors reveals significant landscape diversity of Chukotka in comparison with the Nenets tundra. The corporate sector of the Nenets Autonomous Okrug economy is significantly younger than in Chukotka, due to the fact that oil and gas development is relatively new practice for the region. On the other hand, because of the mining development of Chukotka gold, which started in 1960-s, it can be considered as an old industrial region. The level of the profitability of gold production is significantly lower than of the Nenets oil production. Therefore, we propose to include the economy of the Nenets Autonomous Okrug to the rental model, and Chukotka economy to the transfer model. The difference of transfer sectors of two areas is the result of not only the difference in the power of the regional budgets, but also of the urban settlement structure which is centralized in the Nenets Autonomous Okrug and polycentric in Chukotka. It means that the public health and culture in the Nenets Autonomous Okrug are dated generally for the capital of Naryan-Mar, and social facilities in Chukotka are significantly decentralized and

Baumol's disease and dematerialization of the economy

Energy Technology Data Exchange (ETDEWEB)

Kander, Astrid [Department of Economic History, Box 7083, 220 07 Lund (Sweden)

2005-10-05

This paper argues that there is reason to be skeptical about the idea that the transition to a service economy will bring about dematerialization of production and consequent environmental improvement. This is because the shift to a service economy is an illusion in terms of real production, but is instead generated by the fall in the price of manufacturing goods relative to services, which is in turn caused by more rapid productivity growth in manufacturing than in services. This argument relies on the insights Baumol provided on the nature of the service economy and uses Swedish long-term data on relative sectoral development as an empirical illustration. On the other hand, the paper argues that there is reason to be cautiously optimistic that structural change may bring about a greening of growth, namely the changes in growth patterns sometimes labeled the third industrial revolution, which is connected to the emergence of microelectronics. Swedish CO{sub 2} emissions show a decline after 1970, which is mainly explained by a politically driven change in the mix of energy carriers, but is also related to the stabilization of energy consumption. This energy stabilization was caused by slow growth of the economy in conjunction with substantial declines in energy intensity within industrial sectors and an absence of relative growth of the heavy sectors, a growth that had marked the economy between 1870 and 1970. Microelectronics have contributed to permanently transforming the Swedish industrial sector in a lighter direction, reducing energy losses in heavy industries and stabilizing household energy consumption. So it appears as if there may be some environmental gains from this development that was initiated in the 1970s, but not from relatively more production in the service sector.

The Influence of the Economy on Hospitality Industry in Nigeria ...

African Journals Online (AJOL)

The Influence of the Economy on Hospitality Industry in Nigeria. ... Ethiopian Journal of Environmental Studies and Management ... contributions of the hospitality industry (represented by Hotels and Restaurants) to the Nigerian economy (represented by the Gross Domestic Products – GDP) and the GDP itself from 1980 ...

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

Directory of Open Access Journals (Sweden)

Strat Vasile Alecsandru

2017-07-01

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

Wood products trade and foreign markets. Annual production, consumption, and trade issue. Principal countries impacting US trade in wood products. Foreign agriculture circular

International Nuclear Information System (INIS)

1993-05-01

The Forest Products Division has compiled production, consumption, and trade data on selected wood products for twenty eight significant countries. The data, collected from various sources, is not necessarily compatible with US export and import data normally published in this circular, which comes from the US Census Bureau. To supplement this data, the following perspectives offer a comparative snapshot of conditions in these countries, both in the general economy and the wood products sector. Economic information was extracted from the 1992 World Factbook; Central Intelligence Agency

SHAKESPEARE, CULTURE AND ECONOMIC INTANGIBLES IN KNOWLEDGE ECONOMIES

Directory of Open Access Journals (Sweden)

A.S. WEBER

2012-05-01

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

Knowledge Economy in China and Russia: Problems and Prospects

OpenAIRE

Untura G. A.

2009-01-01

General issues of building a knowledge-based economy are considered. The knowledge-based economies indexes of individual countries of the world are given, and Russia’s and China’s positions are shown. The problems and prospects of cooperation between Russia and China in science, technology and innovation are stated, in particular taking into account the opportunities for promoting contacts at the meso- level (case of Siberia)

Problems of Transition from a Planned to a Market Economy

OpenAIRE

Krelle, Wilhelm

2000-01-01

The paper shows that a transition from a planned to a market economy implies an important change of the structure of production, i. e. a reallocation of resources which takes time and induces sufferings for some people. These sufferings may be reduced by subsidization of some sectors, with some negative effects on GDP and growth if subsidization exceeds a certain size. The time tillthe economy in transition reaches an ``old" market economy (asymptotically or totally) is estimated by different...

Symbolic convergence and the hydrogen economy

International Nuclear Information System (INIS)

Sovacool, Benjamin K.; Brossmann, Brent

2010-01-01

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

Construction of a novel economy-climate model

Institute of Scientific and Technical Information of China (English)

CHOU JieMing; DONG WenJie; YE DuZheng

2007-01-01

An attempt has been made to construct a novel economy-climate model by combining climate change research with agricultural economy research to evaluate the influence of global climate change on grain yields. The insertion of a climate change factor into the economic C-D (Cobb-Dauglas) production function model yields a novel evaluation model, which connects the climate change factor to the economic variation factor, and the performance and reasonableness of the novel evaluation model are also preliminarily simulated and verified.

Knowledge Economy

OpenAIRE

Kerr, Aphra; O Riain, Sean

2009-01-01

We examine a number of key questions regarding this knowledge economy. First, we look at the origin of the concept as well as early attempts to define and map the knowledge economy empirically. Second, we examine a variety of perspectives on the socio-spatial organisation of the knowledge economy and approaches which link techno-economic change and social-spatial organisation. Building on a critique of these perspectives, we then go on to develop a view of a knowledge economy that is conteste...

COMPETITIVENESS FOR SUSTAINABLE ECONOMIES

Directory of Open Access Journals (Sweden)

Nelu Eugen POPESCU

2014-04-01

Full Text Available The current economic environment puts pressure on all national economies which struggle to improve their competitiveness and innovativeness in a sustainable way. This article aims to present the current state of the competitiveness by reviewing the main literature and worldwide researches, in order to provide a brief overview of the determinants that drive productivity and economic success at global and national level, taking into consideration the entrepreneurial activity for a country’s competitiveness and economic growth. The paper identifies the ways in which efficiency driven countries can improve their policies and get a better return on their investments, underlining a set of competitiveness enhancing policies (measures that can be implemented by public and private institutions in order to strengthen the economic fundamentals of the economies.

77 FR 38553 - Proposed Modification to Regulation Concerning the Use of Market Economy Input Prices in...

Science.gov (United States)

2012-06-28

... Regulation Concerning the Use of Market Economy Input Prices in Nonmarket Economy Proceedings AGENCY: Import... states that the Department normally will use the price that a nonmarket economy (``NME'') producer pays to a market economy supplier when a factor of production is purchased from a market economy supplier...

Studies and Investigation about the Attitude towards Sustainable Production, Consumption and Waste Generation in Line with Circular Economy in Romania

Directory of Open Access Journals (Sweden)

Elena Simina Lakatos

2018-03-01

Full Text Available With a rapidly growing world population and the need to address the issue of consumption of global resource and its associated environmental impacts and other social and economic issues, the demand for a responsible consumption, production and prevention of waste generation become increasingly crucial. With this broad characterization of Sustainable Consumption and Production (SCP, businesses based on circular economy should become the norm. With this goal in mind, an online questionnaire survey was performed on a nationwide scale, to explore consumers’ behaviors and attitudes. It was distributed in all four of Romania’s macro-regions and reached 642 respondents. The purpose of the study has been to better understand consumers’ behavior regarding sustainable consumption and production and examine whether generations play a role in responsible consumer attitudes toward the products. Three generations (X, Y, and Z have been examined and compared. The results show that what extent those three generation agree with the environment and the benefits of reducing resource consumption, also waste generation, selective collection, recycling and reuse. However, most of them have not adopted and do not intend to adopt consumer patterns based on the circular economy. The findings provide empirical evidence and directions that could help marketers identify their consumer’s characteristics and market segments and develop consumer empowerment strategies on the Romanian market.

An economy-wide evaluation of new power generation in South Africa: The case of Medupi and Kusile

International Nuclear Information System (INIS)

Bohlmann, Jessika; Bohlmann, Heinrich; Inglesi-Lotz, Roula; Heerden, Jan van

2016-01-01

This paper investigates the role that the building of two new power stations, Medupi and Kusile, will play in facilitating future economic activity in South Africa. We use a dynamic computable general equilibrium (CGE) model to estimate the economy-wide effects of these new power stations. Our simulation results also provide insight into how much the local economy has lost due to inadequate electricity supply in the period leading up to the construction of Medupi and Kusile. We find that the decision to build additional power generation capacity was necessary and justified, and that the failure to sooner recognise the need for expansion of the country's electricity generation capacity and subsequent delays in commissioning Medupi and Kusile, likely cost the economy over R110bn in lost production. Additional analysis, in which a further two-year delay in the construction of Medupi and Kusile is simulated, shows that such an event will cause the economy to perform below baseline projections up to 2022. - Highlights: • We analyse the impact of new electricity generation in the South African economy. • We use UPGEM, a dynamic CGE model specifically designed for the local economy. • Without new electricity generation, GDP is 3.15 per cent lower by 2019, relative to the base. • Inadequate electricity supply since 2008 has cost the South African economy R110bn. • A two-year delay in construction will result in lower GDP up to 2022.

Some remarks on a generalized vector product

OpenAIRE

ACOSTA-HUMÁNEZ, PRIMITIVO; ARANDA, MOISÉS; NÚÑEZ, REINALDO

2011-01-01

Abstract. In this paper we use a generalized vector product to construct an exterior form ⊥ : , where Finally, for n = k - 1 we introduce the reversing operation to study this generalized vector product over palindromic and antipalindromic vectors. Resumen. En este art&íacute;culo usamos un producto vectorial generalizado para construir una forma exterior ⊥ : , en donde como es natural, Finalmente, para n = k - 1 introducimos la operación reversar para estudiar este producto vectorial gene...

Economies of Scope in Distance Education: The Case of Chinese Research Universities

Directory of Open Access Journals (Sweden)

Fengliang Li

2012-06-01

Full Text Available With the rapid development of information technologies, distance education has become “another form of product differentiation in the output mix produced by the multi-product university or college” (Cohn & Cooper, 2004, p. 607. This article aims at analyzing the economies of scope of distance education (as an educational output in Chinese research universities. The empirical results show that a product-specific economies of scope do exist in distance education programs offered by Chinese research universities; b there are economies of scale in distance education; and c there are weak cost complementarities between distance education and research output, meaning that distance education and academic research can promote each other to reduce the costs in Chinese research universities.

Growth performance and economy of production of grower pigs fed ...

African Journals Online (AJOL)

meal-based diets. ... International Journal of Tropical Agriculture and Food Systems ... Twenty-four landrace x large white grower pigs were used to study the effect of maize-cob- meal-based diets on the growth performance and economy of ...

Measuring and improving productivity in general radiology.

Science.gov (United States)

Wilt, Michelle A; Miranda, Rafael; Johnson, C Daniel; Love, Peggy Sue

2010-10-01

The aim of this study was to determine a method of measuring productivity among general radiographers in a moderate-sized hospital and to improve and sustain productivity within that work area. The average times needed to perform the 13 most common examinations were measured. Performance of the various examinations was tracked and multiplied by the time allocated per procedure; this measure was divided by the length of the work shift to determine productivity. Productivity measures were shared among the work group, and decisions to improve productivity (eg, whether to fill open positions) were made by group members. Average time spent per examination type was calculated (range, 10 minutes to 1 hour 16 minutes). At baseline (February 2008), group productivity was 50%. Productivity increased during the first year of monitoring and was sustained through November 2009 (productivity range, 57%-63%). Yearly savings from not filling open positions were estimated to be $174,000. Productivity in a general radiology work area can be measured. Consensus among the work group helped increase productivity and assess progress. This methodology, if widely adopted, could be standardized and used to compare productivity across departments and institutions. Copyright © 2010 American College of Radiology. Published by Elsevier Inc. All rights reserved.

The transportation economy : just in time.

Science.gov (United States)

2012-07-01

The purpose of this project was to produce a short educational video, targeted at middle school and high school students, illustrating the critical role transportation plays in our modern economy. This report documents the production of a 6.5-minute ...

Asia and South America: A Quasi-Common Economy Approach

OpenAIRE

Canuto, Otaviano; Sharma, Manu

2011-01-01

The Asian style of regional integration may be seen as a 'quasi-common economy' that eschews a formal linkup in political or monetary terms, but manages to generate similar results by strong physical integration and distributed chains of production and service delivery. This note proposes the Asian quasi-common economy as a benchmark for South America's regional integration efforts because...

Understanding the Drivers of an ‘Entrepreneurial’ Economy : Lessons from Japan and the Netherlands

OpenAIRE

Okamuro, Hiroyuki; Van Stel, André; Verheul, Ingrid

2010-01-01

Globalization and an increasing importance of knowledge in the production process cause many developed countries to move from a more ‘managed’ to a more ‘entrepreneurial’ economy in recent decades. In the former type of economy, large and incumbent firms play a dominant role, exploiting economies of scale in a relatively certain economic environment. In the latter type, small and new firms play an increasingly important role, introducing new products and services in highly uncertain economic ...

Engineering of the institutionalization of the circular economy at the level of casting production

Science.gov (United States)

Vescan, M. M.; Soporan, V. F.; Crișan, D. M.; Lehene, T. R.; Pădurețu, S.; Samuila, V.

2017-06-01

This paper is motivated by the necessity of introducing the principles of circular economy at the level of different social - economic activities, and from this point of view one of the fields with a special potential is that of the manufacture of castings. Objective: to connect to the organizing and application of the methodology of the circular economy principles. The proposed method is an innovating one, being connected to the use of institutionalization engineering. Formulating the subject: The subject formulated to be solved aims at the introduction of new approaches, defined through institutionalization engineering, which proposes to set the correlation of actions between the specifics of the circular economy and the specific elements of the manufacture of castings. Research method: An institutional structuring operation was imposed for the optimization of the research method, in which different versions interact at the following levels: the level of public policies, the level of the regulatory framework, the level of technical solutions and the level of financing solutions and financial instruments. The determination of the optimal solution established in a dynamic context, favorable for the requirements of the different actors present within the process, appeals to the elements of critical thinking, specific for the engineer’s actions. Achievement of the research activity: The research activity structures a methodology of quantifying the contributions of each stage of the manufacturing process for castings at the fulfilling of the specific conditions of the circular economy, indicating the critical areas of action for more efficient actions of the circular economy, according to the market economy requirements, where there is a potential of implementing the technical solutions by quantizing the financial solutions and the opportunity of using the financial instruments. The major contribution of the research: The proposed methodology, with examples at the

The Growth Points of Regional Economy and Regression Estimation for Branch Investment Multipliers

Directory of Open Access Journals (Sweden)

Nina Pavlovna Goridko

2018-03-01

Full Text Available The article develops the methodology of using investment multipliers to identify growth points for a regional economy. The paper discusses various options for the assessment of multiplicative effects caused by investments in certain sectors of the economy. All calculations are carried out on the example of economy of the Republic of Tatarstan for the period 2005–2015. The instrument of regression modeling using the method of least squares, permits to estimate sectoral and cross-sectoral investment multipliers in the economy of the Republic of Tatarstan. Moreover, this method allows to assess the elasticity of gross output of regional economy and its individual sectors depending on investment in various sectors of the economy. Calculations results allowed to identify three growth points of the economy of the Republic of Tatarstan. They are mining industry, manufacturing industry and construction. The success of a particular industry or sub-industry in a country or a region should be measured not only by its share in macro-system’s gross output or value added, but also by the multiplicative effect that investments in the industry have on the development of other industries, on employment and on general national or regional product. In recent years, the growth of the Russian was close to zero. Thus, it is crucial to understand the structural consequences of the increasing investments in various sectors of the Russian economy. In this regard, the problems solved in the article are relevant for a number of countries and regions with a similar economic situation. The obtained results can be applied for similar estimations of investment multipliers as well as multipliers of government spending, and other components of aggregate demand in various countries and regions to identify growth points. Investments in these growth points will induce the greatest and the most evident increment of the outcome from the macro-system’s economic activities.

The Impact of Productivity Increasing in Indonesian Maritim Sector: General Equilibrium Analysis

Directory of Open Access Journals (Sweden)

Widyastutik Widyastutik

2016-09-01

Full Text Available The increase in productivity in the maritime sector will realize the maritime sector as a prime mover. This study aims to analyze the impact of the maritime sector productivity improvement on the performance of the economy. This research simulates increased productivity in the maritime sector (consisting of the fisheries, oil, gas sub-sector and marine transport services sector using the Global Trade Analysis Project (GTAP version 8. Simulation analysis showed an increase in productivity in the maritime sector has a positive impact on welfare, real GDP, and trade balance of Indonesia. However, the impact of the increase in productivity is not followed by an increase in output in all sectors. This indicates that if the increase in productivity occurs only in the maritime sector alone without being followed by an increase in productivity in other sectors, the sectoral performance is not optimal.DOI: 10.15408/sjie.v5i2.3403

UNDERGROUND ECONOMY, INFLUENCES ON NATIONAL ECONOMIES

Directory of Open Access Journals (Sweden)

CEAUȘESCU IONUT

2015-04-01

Full Text Available The purpose of research is to improve the understanding of nature underground economy by rational justification of the right to be enshrined a reality that, at least statistically, can no longer be neglected. So, we propose to find the answer to the question: has underground economy to stand-alone?

ICT and Romania's Development Towards the Knowledge Economy

Directory of Open Access Journals (Sweden)

2007-01-01

Full Text Available The new stage of the market-based economy is more strongly and more directly rooted in the production, distribution and use of knowledge. Knowledge creation and knowledge diffusion are key driving forces in the economy and knowledge has become an economic resource in its own right (Fischer and Atalik, 2002. Accordingly, firms are more and more interested in absorbing the advances in technological and organizational knowledge and in applying it in the production process and organization of work. In this context, any discussion about knowledge invariably leads to the question of the relationship between information and knowledge. Thus, according to Fischer, the common understanding is that "information does not become knowledge unless its value is enhanced through interpretation, organization, filtration, selection or engineering" (Fischer, 2002, p. 18. Moreover, nowadays the ICT revolution and the knowledge-based economy are closely interrelated. The convergence of computing, information and telecommunication technologies has changed the conditions for the production and dissemination of knowledge and its connection with the production system as well. New flexible information and communication technologies such as internet, web, intranet, extranet, data warehousing and data mining, as well as collaborative groupware technologies are responsible for the major changes in current abilities to handle data and information, to codify knowledge and to transmit codified knowledge (Fischer, 2006.

Financial Economy and Financial System: Basis of Structural Interconnection

Directory of Open Access Journals (Sweden)

Khorosheva Olena I.

2014-02-01

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

Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability

Directory of Open Access Journals (Sweden)

Sariatli Furkan

2017-05-01

Full Text Available Upon visiting the existing literature on the subject of linear vs. circular economy, this paper finds that, the blueprint of the current economy is hardly sustainable by using the comparative benchmarking method that drained from literature. The intrinsic mechanics of the linear economy, by relying on the wasteful take - make - dispose flow, is detrimental to the environment, cannot supply the growing populace of our planet with essential services and it naturally leads to strained profitability. Elements of a plausible solution to the challenges have been around for decades, although they have only recently been compiled in to the conceptual framework of circular economy. The core ideas of Circular Economy are elimination of waste by design, respect for the social, economic and natural environment and resource-conscious business conduct. Built on the backbone of these principles, the circular economy has demonstrated to deliver tangible benefits and viability to address the economic, environmental and social challenges of our days.

Modelling the world economy at the 2050 horizon

OpenAIRE

Fouré , Jean; Bénassy-Quéré , Agnès; Fontagné , Lionel

2013-01-01

International audience; Economic analysis is increasingly addressing long-term issues (such as global warming) that require a dynamic baseline for the world economy. In this article, we develop a three-factor (capital, energy, labour) macroeconometric (MaGE - Macroeconometrics of the Global Economy) model, and project growth for 147 countries to 2050. We improve on the literature by the following: (i) accounting for the energy constraint through dynamic modelling of energy productivity, (ii) ...

Analyzing the Knowledge Economy Performances of the Turkish Republics

Directory of Open Access Journals (Sweden)

Selim ŞANLISOY

2015-07-01

Full Text Available Nowadays, the acceleration of knowledge-based global competition and the knowledge economy that become the key to social development requires a transformation of the economic structure of the country to the knowledge economy. How successful is this transformation or how to proceed in the transformation process has a critical importance, especially for the developing countries. In this context, by analyzing the knowledge economy performances of the Turkish Republics, their proceedings in the process of becoming an knowledge economy are examined. For this purpose, analysis was carried out utilizing the knowledge, knowledge economy, and networked readiness index that formed from the elements of the knowledge economies. As a conclusion, these countries have to cover a distance in the context of knowledge economy transformation. In order to achieve this, these countries should establish; national innovation network by knowledge-innovation production together with institutional-legal regulations for innovative entrepreneurship, educational reforms to be able to create knowledge workers with human capital for produce, use and share the knowledge, and in order to do all these they should provide knowledge and communication infrastructure and ensure dissemination of it.

Globalization and the Rise of the Entrepreneurial Economy

NARCIS (Netherlands)

Audretsch, D.; Sanders, M.

This paper argues that recent trends in the global economy have led to a shift in developed countries’ comparative advantage from mature industrial to early stage entrepreneurial production. We develop a three stage product life cycle model in which we distinguish between life cycle stages

From Ownership to Access: How the Sharing Economy is Changing the Consumer Behavior

Directory of Open Access Journals (Sweden)

Cătălin Mihail Barbu

2018-05-01

Full Text Available Promoting the principles of circular economy and the new business models advocated by the circular economy can represent a solution for a more prosperous society, less dependent on primary and energy resources and more environmentally friendly. The sharing economy, which primarily involves the transformation of traditional market behaviors into collaborative consumption models, that ensure a more efficient and sustainable use of resources, is part of the circular economy and has generated business models that are compatible with it. This article discusses the possibility for the sharing economy to bring about profound changes in consumer behavior towards products and services and to highlight the factors that drive consumers’ shift towards the sharing economy. For this purpose we developed and tested a model in which the change in consumer mindset has as the main direct determinants the satisfaction with the services of the sharing economy and the intention to access such products and services. The study uses data collected through a questionnaire, applied to a sample of 320 customers of Uber – a symbol of the sharing economy, and processed using structural equation modelling. Research results show that there are premises for switching to an access-based consumption model

The Institutions of «Green Economy» for Sustainable Development of Agrarian Sector: Theoretical Dimension

Directory of Open Access Journals (Sweden)

Khodakivska Olga V.

2017-07-01

Full Text Available The article is aimed at substantiating the conceptual foundations and theoretical positions of the place and role of institutions in formation of the «green economy» in the context of implementation of the principles for sustainable development of agrarian sector. The article reflects the main scientific concepts that are directed to address the problems of environmentally oriented development, in particular the concepts of ecotopia, anthropocentrism, ecocentrism, biocentrism, and the concept of sustainable development. It has been found that the conceptual foundations for sustainable development include ecologization of economy, humanization of production, introducing a system of principled approaches to public affairs. The general provisions of formation of «green economy» have been characterized and its key principles have been provided. The role and value of institutions in the organizational provision of the sustainable development of agrarian sector, which, in the organizational-economic, coordinating and enabling aspects are the key driver for harmonization of the interaction of all participants in economic relations, have been substantiated.

76 FR 11196 - Antidumping Methodologies in Proceedings Involving Non-Market Economies: Valuing the Factor of...

Science.gov (United States)

2011-03-01

... DEPARTMENT OF COMMERCE International Trade Administration Antidumping Methodologies in Proceedings Involving Non-Market Economies: Valuing the Factor of Production: Labor; Correction to Request for Comment...-Market Economies: Valuing the Factor of Production: Labor; Request for Comment, 76 FR 9544 (February 18...

20 CFR 220.131 - Work which exists in the national economy.

Science.gov (United States)

2010-04-01

... 20 Employees' Benefits 1 2010-04-01 2010-04-01 false Work which exists in the national economy. 220.131 Section 220.131 Employees' Benefits RAILROAD RETIREMENT BOARD REGULATIONS UNDER THE RAILROAD RETIREMENT ACT DETERMINING DISABILITY Vocational Considerations § 220.131 Work which exists in the national economy. (a) General. The Board considers...

JPRS Report, Soviet Union, World Economy and International Relations, No. 1, January 1988.

Science.gov (United States)

1988-05-23

ous sectors of the economy. Such sections might just as happily have been accommodated in any book on the country’s economy or in an economico ...of the military sector of the economy. Admitting the need for highly developed productive forces in order to build up the military might the author...military business. The high level of monopolization characteristic of the Japanese economy’s military sector is combined with a comparatively low volume

The Technological Innovations and Their Impact on the Economy

Directory of Open Access Journals (Sweden)

Mikhail Ivanovich Maslennikov

2017-12-01

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

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

Directory of Open Access Journals (Sweden)

Eduardo Amaral Haddad

2014-03-01

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

The state in oil rentier economies: the case of Bahrain

International Nuclear Information System (INIS)

Abdulla, K.M.

1999-01-01

The word 'rentier' is defined (a rentier economy is one which depends largely on rents that accrue from abroad). The paper concentrates on the activities and economics of rentier economies in general and Bahrain in particular. In a rentier economy, the state is the main recipient of income from abroad, so the state plays a critical role in the spending of the money, thus governing the fabric of society. Bahrain was in a particularly advantageous position since its income per capita was high: statistical data are given to support this. But, recent trends in Bahrain have seen a fall in income from petroleum, and in future it is possible that the private sector will play an increasing role in the economy

Critical Analysis on Construction Workforce Sustainability in Developed Economy

OpenAIRE

Sing, Michael; Tam, Vivian; Fung, Ivan; Liu, Henry

2017-01-01

The construction industry in the developed economy has suffered a shortage of workforce which triggers project cost escalation and project delay and suppresses the whole economy. This paper aims to explore the perceptions of the general public and construction workers towards workforce shortage in the Hong Kong construction industry and identifies the critical factors affecting their intention to join the industry. Triangulation approach was adopted in this study and a street survey was condu...

The importance of the oil sector in the national economy

International Nuclear Information System (INIS)

Montenegro Santiago

2001-01-01

The paper is about the oil sector in Colombia as for their growing importance in the economy of the country in the last years, leaving of the base that this strategic sector for the economy for its high participation in the gross internal product, generates a very high percentage of the total exports and because it is also a very important source of fiscal resources for the national government as for the sectional governments. This writing is centered fundamentally in the analysis related with the production and export of raw petroleum

Europe - the first hydrogen economy?

International Nuclear Information System (INIS)

Hart, D.

1999-01-01

An examination of the state of research relating to hydrogen production and utilization indicates that interest in hydrogen from major companies in Europe has increased by several orders of magnitude in recent years. Of the three major areas where a hydrogen economy could be expected to start, namely, Japan, the United States and Europe, the latter may have advantages in diversity of resources, attitudes towards environmental issues and specific fiscal and regulatory structures. Examples of ongoing research and development projects in Europe include Norway's hydrogen combustion turbine to run on hydrogen from decarbonised natural gas, a project in the Netherlands involving mixing hydrogen and methane in the natural gas grid and a variety of projects involving liquid hydrogen refuelling, hydrogen aircraft, hydrogen fuelling stations and fuel cell vehicle development. There are also ongoing projects in carbon sequestration and hydrogen production for power generation and vehicle use. The author's main contention is that the combination of natural surroundings, environmental problems and attitudes, and business and government frameworks strongly suggest that Europe may be the first to have a hydrogen-based economy. 8 refs

Energy economy and industrial ecology in the Brazilian cement sector

International Nuclear Information System (INIS)

Tavares, Marina Elisabete Espinho; Schaeffer, Roberto

1999-01-01

The article discusses the following issues of the Brazilian cement sector: the Brazilian cement main types specification, cement quantities evolution produced in Brazil from 1987 to 1997, energy conservation in the cement production process with additives, energy economy cost estimates from the utilization of additives, and several technologies energy economy cost used in the industrial sector

KNOWLEDGE ECONOMY – THE ECONOMY OF THE FUTURE

Directory of Open Access Journals (Sweden)

Emanoil Muscalu

2008-05-01

Full Text Available In these times with strong changes, a so called “knowledge revolution” is on the way andthis designates the evolution from the primarily physical labor based economy to a predominantly knowledgeeconomy.The entire world is dealing, în the dawn of this new century, the 21st one, with a series of majorchanges: social, economic and technological. Consequently, if the 2nd industrial revolution was initiated în theindustry based on intensive production labor “by the pioneers of automobiles such as Ford, it is clear that the3rd revolution will take place în the economic sector of the knowledge based services.”

Design for Circular Behaviour: Considering Users in a Circular Economy

Directory of Open Access Journals (Sweden)

Thomas Wastling

2018-05-01

Full Text Available In a linear economy, a product is manufactured and sold to a customer. Then, little concern is given to what the user actually does with it when they have it. However, in a circular economy where the aim is to circulate products at their highest level of value, the customer’s behaviour can become an important part of the system. Circular design strategies have tended to focus on the physical aspects of a product (e.g., disassembly, material selection, but the design of products and services can also have an influence on user behaviour and, to date, this aspect of circular design has not been fully explored. This project aims to define what key user behaviours are required for circular business models to work and to outline how design can enable these ‘circular behaviours’. This research project consists of a literature review, case study analysis and expert interviews with practitioners. A theoretical framework for designing products and services to encourage circular behaviour is developed. This work provides an initial step towards a better understanding of the user’s role in the transition to a circular economy as well as a preliminary model for how design for behaviour change strategies could be implemented in this context.

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

OpenAIRE

Sudhir K. THAKUR

2011-01-01

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

Once again on neoliberalism I: The economy

Directory of Open Access Journals (Sweden)

Primož Krašovec

2016-04-01

Full Text Available At the latest during the recent recession, which began in 2008, local public spaces have been ignited by discussions of neoliberalism. In these discussions, neoliberalism is mostly understood as a zero sum game between the state and the economy, in which the economy is winning (at least temporarily. This means that the supposedly pre-existing “social logic” of the capitalist economy is being forced upon public and governmental institutions in a kind of reprisal of the deregulated, liberal capitalism of the 19th century, facilitated by mass expropriations, privatisations, an irrational growth of the financial sphere, and the spread of the neoliberal economic ideology. The thesis of this article will be the opposite, however: neoliberalism changes both the state, as well as the economy, and is, as such, a qualitatively new, and not a recurring, socioeconomic and political process. The article will deal mostly with economic dimensions of neoliberalism (lean production, new forms of work, and financialisation and will attempt to capture both the newness and the complexity of neoliberal changes.

The environmental economy accounts for 2014

International Nuclear Information System (INIS)

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

2017-03-01

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

THE THEORY OF NON-PROFIT ALTERNATIVE ECONOMY AS THE BASIS FOR A NEW ECONOMIC OUTLOOK

Directory of Open Access Journals (Sweden)

V. V. Myamlin

2009-03-01

Full Text Available The conflicts of existing financial-and-economic model of management are revealed. The groundlessness of profit-financial economic model based only on a profit approach is shown. The alienation of this model from general laws of the Nature is demonstrated. As an argument of absence of additional product the scheme of rotation of substances in the Nature is given. It is suggested to build the laws of economics starting not from idea considerations of those or other social groups but from general laws of the Nature. A new basic economic ideology – the theory of non-profitable economy – is proposed.

Emerging new services for the gas and electricity economy

International Nuclear Information System (INIS)

Matas, Ch.

2002-01-01

This article reports on a postgraduate study at the Swiss Institute of Technology (EPFL) in Lausanne, Switzerland, addressing the prospects for new energy technologies and their development, according to bankers, industry managers and international organisations. The study merges macro-economic, financial and technological views and focusses especially on electricity and natural gas including cogeneration and decentralised, small and middle-size energy production units. The world energy market is changing pace, moving from various monopolies to a dynamic system, with growing decentralisation and networking. The study reveals that constraints are changing due to the economy globalization as well as to the growing internet-based economy, and that new prospects for the development of promising energy technologies are emerging. The demand for more specific energy products like for example uninterruptible power supplies will stimulate new sectors in the energy economy. Growing environmental concern will also be an important factor for the energy market remodelling. For the gas and electricity markets, a considerable rise in sales is expected

The Problem Of Reindustrialization Of The World Economy

Directory of Open Access Journals (Sweden)

A. N. Zakharov

2018-01-01

Full Text Available The article looks into the most important aspects of the world economy reindustrialization, examines strategies for reindustrialization of the USA, Canada, and Australia. The correlation between the world trend, namely the transition to the digital economy, and the process of reindustrialization within the framework of the Fourth Industrial Revolution is considered. On the basis of comparison and analysis of expert evaluations, statistical data by sectors of industrial production of the USA and Canada it is shown that the absolute advantage of Canada when carrying out the re-industrialization of the economy is skilled labor, specialists with secondary education. The study confirms the fact that amid the reindustrialization on the verge of the Fourth industrial revolution, the availability of skilled labor is a necessary condition for the competitiveness of the state. The Russian Federation faces the situation when conducting the re-industrialization is complicated by adverse international economic and political environment (policy of sanctions against Russia. It is revealed that for the Russian Federation the reindustrialization of the economy shall combine the active modernization of the existing production capacity, while shaping new industries on the basis of technologies of the sixth technology wave. The comparative analysis outlined that under the circumstances the drivers of the new industrialization should be science-based industries, with the latest technologies and the largest number of highly skilled personnel concentrating there.

Sectoral networks and macroeconomic tail risks in an emerging economy.

Science.gov (United States)

Romero, Pedro P; López, Ricardo; Jiménez, Carlos

2018-01-01

This paper aims to explain the macroeconomic volatility due to microeconomic shocks to one or several sectors, recognizing the non-symmetrical relation in the interaction among the Ecuadorian economic sectors. To grasp the economic structure of this emerging economy, a statistical analysis of network data is applied to the respective input-output matrix of Ecuador from 1975 until 2012. We find periods wherein the production of domestic inputs is concentrated in a few suppliers; for example, in 2010, the concentration significantly affects sectors and their downstream providers, thus influencing aggregate volatility. Compared to the US productive structure, this emerging economy presents fewer sectors and degree distributions with less extreme fat-tail behavior. In this simpler economy, we continue to find a link between microeconomic shocks and aggregate volatility. Two new theoretical propositions are introduced to formalize our results.

Sectoral networks and macroeconomic tail risks in an emerging economy

Science.gov (United States)

López, Ricardo; Jiménez, Carlos

2018-01-01

This paper aims to explain the macroeconomic volatility due to microeconomic shocks to one or several sectors, recognizing the non-symmetrical relation in the interaction among the Ecuadorian economic sectors. To grasp the economic structure of this emerging economy, a statistical analysis of network data is applied to the respective input-output matrix of Ecuador from 1975 until 2012. We find periods wherein the production of domestic inputs is concentrated in a few suppliers; for example, in 2010, the concentration significantly affects sectors and their downstream providers, thus influencing aggregate volatility. Compared to the US productive structure, this emerging economy presents fewer sectors and degree distributions with less extreme fat-tail behavior. In this simpler economy, we continue to find a link between microeconomic shocks and aggregate volatility. Two new theoretical propositions are introduced to formalize our results. PMID:29293567

Changing role of non-timber forest products (NTFP) in rural household economy: the case of Sinharaja World Heritage site in Sri Lanka.

Science.gov (United States)

Senaratne, Athula; Abeygunawardena, Piyasena; Jayatilake, Wijaya

2003-11-01

This paper examines the modified patterns of utilizing non-timber forest products (NTFP) and associated behavioral changes around tropical forest areas in the context of conservation-related objectives and other commercially driven objectives. Our study introduces a conceptual framework based on the household production theory and tests empirically the hypotheses drawn at Sinharaja World Heritage in Sri Lanka. The results show that conditions introduced by forest conservation programs and the spread of small-scale commercial tea cultivation are transforming the economy around Sinharaja. The process is an economically rational one where resident communities decide upon their actions based on the opportunity cost of time involved with NTFP in the absence of observable prices. Although the process, overall, has led to a decline in the role of NTFP in the household economy, its impact over different NTFP are not uniform, leaving sustained demand for certain NTFP. This situation calls for a multifaceted approach in forest management programs to address the various household needs fulfilled by NTFP-based activities.

The new economy is stronger than you think.

Science.gov (United States)

Sahlman, W A

1999-01-01

Many policy makers at the Fed contend that the new economy is a fragile bubble--and that with the "irrational exuberance" of the capital markets, the sky is going to fall on the U.S. economy. That couldn't be further from the truth, according to William Sahlman. As long as the government doesn't interfere, he argues, the economy is sturdy, resilient, and raring to grow. The new economy is strong for several reasons. First, it is based on a business model that works. Any business system that relentlessly drives out inefficiency, forces intelligent business-process reengineering, and gives customers more of what they want will be sustainable. Second, it is built on America's admiration for entrepreneurs and its tolerance for failure, not to mention its easy access to capital. Third, the new economy is attracting the best and brightest minds in the country. And finally, says Sahlman, the new economy is strong because it is spreading. It may be primarily an American phenomenon now, but in a few short years it will start to show its effects everywhere, making the whole world a more productive place. Still, Sahlman believes, the road ahead is not without potholes and sharp curves. But that is what the new economy is all about, he maintains--companies attacking the status quo and entrenched players, companies experimenting to find new technologies that improve or replace earlier ones. Such activity presents no cause for alarm. The economic, social, and cultural factors undergirding the new economy are rock solid. It's simply a matter of letting them stand.

The Optimal Structure of the National Economy as a Guarantee of Sustainable Development of a State

Directory of Open Access Journals (Sweden)

Karintseva Oleksandra I.

2018-03-01

Full Text Available The article considers the theoretical essence of the category “national economy” in a narrow and broad sense and identifies its following features: versatility of the links between its structural elements and their integrity; hierarchy of the structure of the national economy, dynamism, openness. The main trend of development of the national economy, which is manifested in the transformation processes, is determined. The following transformation processes of the national economy are identified: system-forming, system-affirming, system-reproducing. Theories of structural transformation of the national economy are considered. There determined relations that characterize the reproductive structure of the national economy: between the main stages of the movement of the aggregate social product; between the forms of the aggregate social product according to the natural-material composition; between elements and forms of the aggregate social product by a functional role; between the constituent parts of social production; between the replacement of the means of production used and the newly created products. Based on the data of the World Bank on the structure of the gross added value of groups of countries in terms of income and regional characteristics in the context of individual spheres, the practical analysis of the structure of the national economy in different countries is carried out. It is established that for the last five years the trend of development of enterprises in the sphere of services has grown.

Network analysis of Chinese provincial economies

Science.gov (United States)

Sun, Xiaoqi; An, Haizhong; Liu, Xiaojia

2018-02-01

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

Availability Cascades and the Sharing Economy

DEFF Research Database (Denmark)

Netter, Sarah

2016-01-01

As scholars search for a new concept that will provide answers on how modern societies should make sense of and resolve the social and environmental problems linked to our modes of production and consumption, the sharing economy is attracting increased attention. To better understand this emergent...

MNE R&D Subsidiary Mandates Evolution in Emerging Economies

DEFF Research Database (Denmark)

Schulzmann, David; Slepniov, Dmitrij

2017-01-01

The aim of this paper is to present the results of a systematic literature review (SLR) on the subject of Research and Development (R&D) subsidiary mandate evolution in emerging economies and to illustrate what triggers R&D mandate upgrade. The subject of R&D mandates is of crucial importance to ...... on subsidiary evolution in general and particularly in emerging markets. From a practical perspective, a better-integrated framework can provide guidance to businesses in emerging economies on how to start and successfully upgrade their R&D activities.......The aim of this paper is to present the results of a systematic literature review (SLR) on the subject of Research and Development (R&D) subsidiary mandate evolution in emerging economies and to illustrate what triggers R&D mandate upgrade. The subject of R&D mandates is of crucial importance...... to many multinational enterprises (MNEs) striving to utilize the potential of their foreign operations towards higher-value-added activities. While developed economies have long been a destination for R&D activities, emerging economies are increasingly recognized for their innovation potential. Previous...

On sustainable development of population and national economy.

Science.gov (United States)

Tian, X

1995-01-01

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

Human economy and natural economy

Directory of Open Access Journals (Sweden)

Masullo Andrea

2014-03-01

Full Text Available The decline of economy is due to its dependency from a virtual value, the currency, the coin, that in the recent phase of consumerism is so far from real value: human capital and natural capital. If human economy wants to continue to produce wellbeing, it must accept to be a subset of natural economy, intercept flux of matter produced by its circular mechanisms, put constraints in it, i.e. machines and structures, to direct it temporarily for our advantage, and finally release it to the same original flux, in an still usable state. In this way it will assume a function no more parasitic but symbiotic. It will be connected to natural cycles without destroying it, recovering the co-evolutionary link between nature and culture, building an economic web suited to the ecological web; thus we will have a mosaic characterised by biodiversity, technological diversity, and cultural diversity, able to produce a durable prosperity.

The hydrogen economy- A debate on the merits

CSIR Research Space (South Africa)

Van Vuuren, DS

2007-01-01

Full Text Available stream_source_info van Vuuren_2007.pdf.txt stream_content_type text/plain stream_size 5193 Content-Encoding UTF-8 stream_name van Vuuren_2007.pdf.txt Content-Type text/plain; charset=UTF-8 The Hydrogen Economy A Debate... cheapest alternative. • The Hydrogen Economy or its alternative will only really take off when cheap coal production begins to peak Slide 10 © CSIR 2006 www.csir.co.za Global Warming • The risk is real, but the debate...

Energy-economy interactions revisited within a comprehensive sectoral model

Energy Technology Data Exchange (ETDEWEB)

Hanson, D. A.; Laitner, J. A.

2000-07-24

This paper describes a computable general equilibrium (CGE) model with considerable sector and technology detail, the ``All Modular Industry Growth Assessment'' Model (AMIGA). It is argued that a detailed model is important to capture and understand the several rolls that energy plays within the economy. Fundamental consumer and industrial demands are for the services from energy; hence, energy demand is a derived demand based on the need for heating, cooling mechanical, electrical, and transportation services. Technologies that provide energy-services more efficiently (on a life cycle basis), when adopted, result in increased future output of the economy and higher paths of household consumption. The AMIGA model can examine the effects on energy use and economic output of increases in energy prices (e.g., a carbon charge) and other incentive-based policies or energy-efficiency programs. Energy sectors and sub-sector activities included in the model involve energy extraction conversion and transportation. There are business opportunities to produce energy-efficient goods (i.e., appliances, control systems, buildings, automobiles, clean electricity). These activities are represented in the model by characterizing their likely production processes (e.g., lighter weight motor vehicles). Also, multiple industrial processes can produce the same output but with different technologies and inputs. Secondary recovery, i.e., recycling processes, are examples of these multiple processes. Combined heat and power (CHP) is also represented for energy-intensive industries. Other modules represent residential and commercial building technologies to supply energy services. All sectors of the economy command real resources (capital services and labor).

Transition(s) towards an ecologic economy. The prospective program

International Nuclear Information System (INIS)

Riviere, Antoine; Hervieu, Halvard; Monnoyer-Smith, Laurence; Cecutti-Etahiri, Nathalie

2015-07-01

This publication aims at presenting works performed between 2010 and 2014 within the frame of the prospective program 'Transition(s) towards an ecologic economy' of the prospective mission of the CGDD (Commissariat General au Developpement Durable, the French General Committee for Sustainable Development). It also presents lessons which can be learned. The first part examines what could be the shape of an ecologic economy. For this purpose, scenarios have been developed which allow the role which various actors (citizen, territories, State) can play, and the possible evolutions of the present social-economic system to be explored. The second part addresses more specific issues in order to highlight some levers of action for a successful transition. These issues can be transverse (for example, the role of ITs in ecologic economy, or the human factor in terms of challenge of social change and employment) as well as sector-based (focus on transports and on ecologic mobility in the perspective of automotive industries and enterprises, and of public policies)

An Evaluation of the Revenue side as a source of fiscal consolidation in high debt economies

DEFF Research Database (Denmark)

Banerjee, Ritwik

Unsustainable levels of debt in some European economies are causing considerable strain in the Euro area. Successful debt consolidation in high debt economies is one of the most important important objective for the European policy makers. I use a dynamic general equilibrium closed economy model...

An analysis of the proposed Btu tax on the US economy

International Nuclear Information System (INIS)

Boyd, R.

1993-01-01

This paper examines the impact of a Btu tax on energy on the United States economy. The analytical approach used in the analysis consisted of a general equilibrium model composed of fourteen producing sectors, fourteen consuming sectors, six household categories classified by income and a government. The effects of imposing a tax on natural gas, coal, and nuclear power of 25.7 cents per million Btu and a tax on refined petroleum products of 59.9 cents per million Btu on prices and quantities are examined. When subjected to a sensitivity analysis, the results are reasonably robust with regard to the assumption of the values of the substitution elasticities. (author)

Agrofuels capitalism: a view from political economy

NARCIS (Netherlands)

B.N.F. White (Benjamin); A. Dasgupta (Anirban)

2010-01-01

textabstractThis article considers the global expansion of agrofuels feedstock production from a political economy perspective. It considers and dismisses the environmental and pro-poor developmental justifications attached to agrofuels. To local populations and direct producers, the specific

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

Science.gov (United States)

Lusk, Shannon Perry

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

Transactional Infrastructure of the Economy: the Evolution of Concepts and Synthesis of Definitions

Directory of Open Access Journals (Sweden)

Maruschak Irina Valeryevna

2017-03-01

Full Text Available The overview of evolution of market infrastructure concepts is provided, the first concepts of institutional infrastructure are revealed in the paper. Evolutionarily developed narrowing of essence of infrastructure in connection with the priority analysis of its physical (material and technological components is proved. It ignores the fact that transactional resources, being drivers (driving forces of economic systems evolution, in turn evolve, becoming harder and harder, combining increase in efficiency of the elements and strengthening of heterogeneity and discrepancy of their structure. Transactional evolution of economy in general and evolution of separate transactional resources of production are the perspective directions of the special analysis. Transactional infrastructure is considered as the integrated complex of institutional, organizational (relational and information infrastructures. The problems of the first concepts of transactional infrastructure connected with difficulties of differentiation of its subsystems always operating jointly are revealed. Prospect of transition from the isolated analysis of separate resources of transactional type (institutes, organizations, information, social capital, trust, etc. to studying corresponding specific software infrastructures and to the system analysis of integrated transactional infrastructure of economy are argued. The transactional sector (as set of the specialized industries and the appropriate collective and individual subjects providing with resources market transaction is offered to be considered as transactional structure of economy. Transactional infrastructure is treated as critically significant factor of economic evolution which in the conditions of post-industrial type of economy gradually purchases transactional nature.

Why the New Economy is a Learning Economy

DEFF Research Database (Denmark)

Lundvall, Bengt-Åke

In this paper it is shown that the intense focus on the new economy reflected real change as well as 'hype?. The basic reason why new economy-growth could not be seen as sustainable is that introducing advanced technologies can only take place successfully when it is accompanied by organizational...... change and competence-building among employees. Any strategy that gives technology an independent role as problem-solver is doomed to fail. Danish data of a unique character are used to demonstrate that the key to economic performance is to promote learning at different levels of the economy....... In the conclusion it is argued that there is a need for a new type of knowledge and learning oriented Keynesianism in order to get close to the kind of growth rates characterizing the high days of the new economy adventure in the US....

The Sharing Economy

DEFF Research Database (Denmark)

Avital, Michel; Carroll, John M.; Hjalmarsson, Anders

2015-01-01

The sharing economy is spreading rapidly worldwide in a number of industries and markets. The disruptive nature of this phenomenon has drawn mixed responses ranging from active conflict to adoption and assimilation. Yet, in spite of the growing attention to the sharing economy, we still do not know...... much about it. With the abundant enthusiasm about the benefits that the sharing economy can unleash and the weekly reminders about its dark side, further examination is required to determine the potential of the sharing economy while mitigating its undesirable side effects. The panel will join...... the ongoing debate about the sharing economy and contribute to the discourse with insights about how digital technologies are critical in shaping this turbulent ecosystem. Furthermore, we will define an agenda for future research on the sharing economy as it becomes part of the mainstream society as well...

41 CFR 102-34.65 - How may we request an exemption from the fuel economy standards?

Science.gov (United States)

2010-07-01

... exemption from the fuel economy standards? 102-34.65 Section 102-34.65 Public Contracts and Property... an exemption from the fuel economy standards? You must submit a written request for an exemption from the fuel economy standards to: Administrator, General Services Administration, ATTN: Deputy Associate...

Microbial biotechnology and circular economy in wastewater treatment

OpenAIRE

Nielsen, Per Halkjær

2017-01-01

Summary Microbial biotechnology is essential for the development of circular economy in wastewater treatment by integrating energy production and resource recovery into the production of clean water. A comprehensive knowledge about identity, physiology, ecology, and population dynamics of process‐critical microorganisms will improve process stability, reduce CO2 footprints, optimize recovery and bioenergy production, and help finding new approaches and solutions. Examples of research needs an...

Foundations of a Marxist Theory of the Political Economy of Information: Trade Secrets and Intellectual Property, and the Production of Relative Surplus Value and the Extraction of Rent-Tribute

Directory of Open Access Journals (Sweden)

Jakob Rigi

2014-12-01

Full Text Available The aim of this article is to sketch a preliminary outline of a Marxist theory of the political economy of information. It defines information as a symbolic form that can be digitally copied. This definition is purely formal and disregards epistemological, ideological, and functional aspects. The article argues that the value of information defined in this sense tends to zero and therefore the price of information is rent. However, information plays a central role in the production of relative surplus value on the one hand, and the distribution of the total social surplus value in forms of surplus profits and rents, on the other. Thus, the hegemony of information technologies in contemporary productive forces has not made Marx’s theory of value irrelevant. On the contrary, the political economy of information can only be understood in the light of this theory. The article demonstrates that the capitalist production and distribution of surplus value at the global level forms the foundation of the political economy of information.

Hydrogen economy and nuclear energy

International Nuclear Information System (INIS)

Knapp, V.

2004-01-01

Global energy outlooks based on present trends, such as WETO study, give little optimism about fulfilling Kyoto commitments in controlling CO2 emissions and avoiding unwanted climate consequences. Whilst the problem of radioactive waste has a prominence in public, in spite of already adequate technical solutions of safe storage for future hundreds and thousands of years, there s generally much less concern with influence of fossil fuels on global climate. In addition to electricity production, process heat and transportation are approximately equal contributors to CO2 emission. Fossil fuels in transportation present also a local pollution problem in congested regions. Backed by extensive R and D, hydrogen economy is seen as the solution, however, often without much thought where from the hydrogen in required very large quantities may come. With welcome contributions from alternative sources, nuclear energy is the only source of energy capable of producing hydrogen in very large amounts, without parallel production of CO2. Future high temperature reactors could do this most efficiently. In view of the fact that nuclear weapon proliferation is not under control, extrapolation from the present level of nuclear power to the future level required by serious attempts to reduce global CO2 emission is a matter of justified concern. Finding the sites for many hundreds of new reactors would, alone, be a formidable problem in developed regions with high population density. What is generally less well understood and not validated is that the production of nuclear hydrogen allows the required large increases of nuclear power without the accompanied increase of proliferation risks. Unlike electricity, hydrogen can be economically shipped or transported by pipelines to places very far from the place of production. Thus, nuclear production of hydrogen can be located and concentrated at few remote, controllable sites, far from the population centers and consumption regions. At such

Availability Cascades & the Sharing Economy

DEFF Research Database (Denmark)

Netter, Sarah

2014-01-01

attention. This conceptual paper attempts to explain the emergent focus on the sharing economy and associated business and consumption models by applying cascade theory. Risks associated with this behavior will be especially examined with regard to the sustainability claim of collaborative consumption......In search of a new concept that will provide answers to as to how modern societies should not only make sense but also resolve the social and environmental problems linked with our modes of production and consumption, collaborative consumption and the sharing economy are increasingly attracting....... With academics, practitioners, and civil society alike having a shared history in being rather fast in accepting new concepts that will not only provide business opportunities but also a good conscience, this study proposes a critical study of the implications of collaborative consumption, before engaging...

Development of mechanisms and instruments of increasing economic safety with regard to the peculiarities of the present stage of the economy

Directory of Open Access Journals (Sweden)

Yu. M. Sokolinskaya

2017-01-01

Full Text Available The development of theoretical provisions of economic security, their mechanisms and instruments is determined by the laws of the economy that reveal the management of production, the market processes of distribution, exchange, consumption, taking into account the features of industries, regions, the level of globalization, etc. Each sphere, region or branch of the economy is characterized by peculiar economic processes justified by a specific approach to their disclosure. Economic security, its emergence, development and adaptation to changing market conditions, is based on the information economy or on the knowledge economy. Economic security is determined by the costs of information, its confidentiality, taking into account the interaction, on the one hand, and the competition of various enterprises, regions and countries, on the other. In the process of economic development, knowledge in general and any specialists are needed, but only those that are necessary in the economy. Communication and interaction of science, knowledge, information with production provides not only economic security, but also their successful development. To develop certain principles or laws for the interaction of technological and economic factors, their degree and level of interaction, a study of economic activity was conducted. In the present study, a civilizational approach was used that is based on the determining role of man in the economy and society and the importance of knowledge and information, when the important mechanisms remain: the development of technology and technology, the role of knowledge and information, and communication. The implementation of the civilized approach takes into account the new methodological level of increasing economic security, when the main factor in the development of the economy is the scientific and technological progress that justifies the information path of economic development.

Location of slaughterhouses under economies of scale

NARCIS (Netherlands)

van den Broek, J.J.J.; Schütz, P.; Stougie, L.; Tomasgard, A.

2006-01-01

The facility location problem described in this paper comes from an industrial application in the slaughterhouse industry of Norway. Investigations show that the slaughterhouse industry experiences economies of scale in the production facilities. We examine a location-allocation problem focusing on

Direito autoral e economia criativa: a construção de uma economia preocupada com a criatividade | Copyrights and the creative economy: the construction of an economy preoccupied with creativity

Directory of Open Access Journals (Sweden)

Marcos Wachowicz

2011-10-01

the construction of a Regulatory Framework for the Creative Economy in Brazil. This is based on the understanding that the Creative Economy and Sustainable Development promotes the human, social and technologically inclusive way, i.e. it is not a simple vision of economic growth. This is because the new concepts inherent in the Creative Economy embrace the use of technological tools (ICTs in its interface with education, architecture, design, training of creative, the Local Productive Arrangement (APL and the creative industries (CIs. Keywords Copyright, Creative Economy, Sustainable development

A general equilibrium model of ecosystem services in a river basin

Science.gov (United States)

Travis Warziniack

2014-01-01

This study builds a general equilibrium model of ecosystem services, with sectors of the economy competing for use of the environment. The model recognizes that production processes in the real world require a combination of natural and human inputs, and understanding the value of these inputs and their competing uses is necessary when considering policies of resource...

Oil price fluctuations and Singapore economy

International Nuclear Information System (INIS)

Youngho Chang; Joonfong Wong

2003-01-01

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

Oil price fluctuations and Singapore economy

International Nuclear Information System (INIS)

Chang Youngho; Wong, Joon Fong

2003-01-01

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

The University in the Learning Economy

DEFF Research Database (Denmark)

Lundvall, Bengt-Åke

In all parts of the world, universities are exposed to a growing pressure to change. This is caused by the emergence of new relationship between the economic dynamics and the production of knowledge as well as by policy and administrative initiatives finding their rationale in interpretations...... of these changes. In this paper an attempt is made to specify some of the new challenges, and suggest appropriate responses. Under the heading 'the learning economy' changes in the context of universities are identified. One important conclusion is that traditional modes of organisation, characterised by sharp......' most significant contribution to society and the economy will remain well-educated graduates with critical minds and good learning skills....

Agrofuels capitalism: a view from political economy.

Science.gov (United States)

White, Ben; Dasgupta, Anirban

2010-01-01

This article considers the global expansion of agrofuels feedstock production from a political economy perspective. It considers and dismisses the environmental and pro-poor developmental justifications attached to agrofuels. To local populations and direct producers, the specific destination of the crop as fuel, food, cosmetics or other final uses in faraway places is probably of less interest than the forms of (direct or indirect) appropriation of their land and the forms of their insertion or exclusion as producers in global commodity chains. Global demand for both agrofuels and food is stimulating new forms (or the resurgence of old forms) of corporate land grabbing and expropriation, and of incorporation of smallholders in contracted production. Drawing both on recent studies on agrofuels expansion and on the political economy literature on agrarian transition and capitalism in agriculture, this article raises the question whether "agrofuels capitalism" is in any way essentially different from other forms of capitalist agrarian monocrop production, and in turn whether the agrarian transitions involved require new tools of analysis.

Knowledge Economy and its Effects in Romania

Directory of Open Access Journals (Sweden)

Prof. Ph. D. Laura Cismas

2009-05-01

Full Text Available Knowledge economy implies that the rationality of individuals is limited because they make and adapt their choices in an environment affected by risk and uncertainty. The first part of this paper proposes an analysis of the knowledge economy, based on its interdisciplinary nature. Thus, classical theories adapt to visions that pertain to the dynamics of human interactions, the restructuring of the social network theory, the general equilibrium theory and the game theory.The research part of this paper identifies and explains the link between innovation and knowledge, as well as its effects on the Romanian economy’s competitiveness and innovation. The conclusions illustrate that the consolidation of knowledge-based economy in Romania implies setting certain priorities, such as: investing in education, developing entrepreneurship, creating an innovative and efficient system made up of companies, research centers and universities, which enables new technologies to be absorbed, adapted and created for the society.

The global household: toward a feminist postcapitalist international political economy.

Science.gov (United States)

Safri, Maliha; Graham, Julie

2010-01-01

The goal of this article is to introduce a new category into international political economy-the global household-and to begin to widen the focus of international political economy to include nonmarket transactions and noncapitalist production. As an economic institution composed of transnational extended families and codwellers (including international migrants and family members left behind in countries of origin), the global household is engaged in coordinating international migration, sending and receiving billions of dollars in remittances, and organizing and conducting market- and non-market-oriented production on an international scale. We first trace the discursive antecedents of the global household concept to theories of the household as a site of noncapitalist production and to feminist ethnographies of transnational families. In order to demonstrate the potential significance and effect of this newly recognized institution, we estimate the aggregate population of global households, the size and distribution of remittances, and the magnitude and sectoral scope of global household production. We then examine the implications of the global household concept for three areas of inquiry: globalization, economic development, and the household politics of economic transformation. Finally, we briefly explore the possibilities for research and activism opened up by a feminist, postcapitalist international political economy centered on the global household.

An assessment of the energy tax burden on the Philippine economy

International Nuclear Information System (INIS)

Uri, N.D.; Boyd, Roy

1993-01-01

This paper uses an aggregate modelling approach to assess the impacts of a redistribution of the taxes and duties that currently exist on crude oil and refined petroleum products in the Philippine economy. The approach used in the analysis consists of a general equilibrium model composed of fourteen producing sectors, fourteen consuming sectors, three household categories classified by income and a government. The effects of replacing the taxes and duties on crude oil and refined petroleum products with a more broad-based tax on manufacturing and service sectors output on prices and quantities are examined. The results are revealing. For example, the consequences of redistributing the tax burden away from petroleum products to the manufacturing and service sectors of the Philippine economy would be an increase in output by all producing sectors of about 3.5% or about 2.4 hundred billion Philippine pesos, a rise in the consumption of goods and services by about 6.1% or 1.6 hundred billion Philippine pesos, a rise in total utility by 6.9% or 1.9 hundred billion Philippine pesos and virtually no change in tax revenue for the government. When subjected to a sensitivity analysis, the results are reasonably robust with regard to the assumption of the values of the substitution elasticities. That is, while the model's equilibrium values do vary in response to different assumptions of the values of these elasticities, the fluctuations are not so enormous to suggest that the model is unrealistically sensitive to these parameters. (author)

Angola Economy: Economic Growth and Vulnerability of External Sector

Directory of Open Access Journals (Sweden)

Ulises Pacheco-Feria

2015-11-01

Full Text Available Angola is among the 15th most dynamic economies in Africa, economic growth is based on the expansion of oil production. This is close to two million barrels per day, placing the country among the major oil producers in the world. At the same time, Angola shares the characteristics of so-called Least Developed Countries and faces serious structural challenges. At present there are at least three threats targeting Angolan external sector, namely the high propensity to import, the volatility of oil prices and the slowdown in the Chinese economy. The present work aims to identify these threats as a latent danger that hangs over the Angolan economy in the medium.

The development of Kaliningrad regional economy: A new stage of restructuring

Directory of Open Access Journals (Sweden)

Gimbitsky K. K.

2014-03-01

Full Text Available The Kaliningrad region is developing in complicated exclave conditions, which results in insufficient resilience of its economy to external impacts. There is a need for constant monitoring of the economic situation in the region and the adaptation of the regional strategy to changing conditions. This article sets out to evaluate the stages of regional economy development and the methods of its modernisation and restructuring in view of accumulated experience in reacting to changes in conditions of regional development. The authors analyse complex statistical data from 1990—2012 and the modern condition of the Kaliningrad regional economy compared to the national average. The article relies heavily on the results of the survey of specialists working in regional companies. Russian accession to the WTO and the abolition of certain customs privileges planned for 2016 form the basis for the import substitution manufacturing and will significantly affect the conditions of regional economy development. Implementation of the Strategy for the Socioeconomic Development of the Region will contribute to the innovativeness of economy, its export orientation, development through an increase in labour productivity, and cooperation with both Russian and international partners. It will reduce the dependence of production on imported raw materials and semi-finished produces, as well as its energy intensity. The formation of a new more stable economy will be facilitated through federal support and implementation of a number of regional programmes.

Can circular economy be an answer to the depletion of natural resources?

International Nuclear Information System (INIS)

Dufour, Alma

2014-08-01

After having outlined that high rise of raw material prices threatens world economy, and that present consumption modes contribute to a fast depletion of natural resources, the author presents the concept of circular economy which relies on a double process: a systematic decrease of raw material input and of energy and water flows used for production, and an extension of product lifetime through the development of their repair, their re-use and their recycling. She outlines that these principles are closer to the Brundtland report which introduced the notion of sustainable development, than to the Meadows report which advocates a stoppage of demographic growth and of economic growth. She shows that circular economy is a more relevant and credible answer to the stake of sustainable development than solutions proposed by the economic sphere. She comments the present dynamics of circular economy which is still at an experimental stage. As the world system seems to be stuck in the linear system, she discusses whether developing countries are better placed for a transition towards circular economy. She finally analyses and describes the role of markets, governance and regulation as levers for such a transition

A basis for the forest economy conception in the condition of the radioactive contamination

International Nuclear Information System (INIS)

Sidorov, V.I.; Chilimov, A.I.; Tikhomirov, F.A.; Shcheglov, A.I.; Panfilov, A.V.

1992-01-01

On the basis of data on radiation conditions in fores biogeocenoses, the radionuclide migration and the radionuclide content in forest economy products and the dose commitments to various catego rives the forest economy workers, the main theses are presented to keep it in conditions of the radioactive contamination. The base for the theses are done: about radionuclide migration (Cs-137, Ru-106, Cr-144) through the main components of the forest biogeocinoses; about the Cs-137 distribution of the zoofund lands; about the zone radionuclide contamination; about radionuclide content in the forest economy production about a wood plant radiosensitivity. 8 refs.; 6 tabs

La teoría general de Keynes y su pertinencia para el caso colombiano

Directory of Open Access Journals (Sweden)

Jorge Cáceres De La Roche

1987-07-01

Full Text Available The novelty of General Theory is the method applied by Keynes in understanding the functioning and results of a market oriented economy. "An organized method to the reasoning of concrete problems", which is reflected in the elaboration of a theoretical scheme that gathers the characteristics from the real world in which we live -a monetary production economy-. The application of the global supply and demand scheme, developed by Keynes, permits to explain how the internal and external happenings have rebound on the Colombia's employment situation

On inflation in the Russian economy

Directory of Open Access Journals (Sweden)

Alexey I. Bolonin

2014-01-01

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

40 CFR 600.001-86 - General applicability.

Science.gov (United States)

2010-07-01

... FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977.... (b)(1) Manufacturers that produce only electric vehicles are exempt from the requirement of this... vehicles. (2) Manufacturers with worldwide production (excluding electric vehicle production) of less than...

Ιnvestment in green economy as a potential source of value added

Directory of Open Access Journals (Sweden)

Jan Klasinc

2015-12-01

Full Text Available Purpose - The hypothesis of the paper is that domestic value added created by exports in Croatia could be increased by investments in green economy. Methodology - In the developed economies only specific products, processes and functions that outperform emerging economies in Global Value Chains are able to profit from the larger share of value added. Large portion of "green economy" is knowledge intensive, and if knowledge based economy (KBC plays a significant role in determining the domestic value added created by exports, economies with a larger stock of KBC should have a larger difference in VAX between knowledge-intensive industries and less knowledge-intensive industries. Domestic value added embodied in exports can be proxied by attracted FDI. Findings - The results seem to show some support to the hypothesis. In Croatia it has already been shown that sectors of economy with larger stock of intellectual capital measured by Intellectual Capital Efficiency (ICE index attracted more FDI, which can also serve as a predictor for larger value added in exports due to higher productivity. Knowledge intensity of 18 industries in the US as the benchmark economy shows that "Electrical and optical equipment" has above average knowledge intensity of 0,53, and it can be matched with "green economy" in Croatian industries that attracted more FDI and have higher levels of KBC. Research limitations and implications - Although this study is limited just to KBC, as an extension, the potential role of financial development could be included. Also, the length of time series for VAX measured by OECD does not allow for more thorough analysis. Originality/value – Although not conclusive, this paper is an important first step giving direction to subsequent studies of effects of KBC on value added.

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

International Nuclear Information System (INIS)

Solaymani, Saeed; Kari, Fatimah

2014-01-01

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

Circular economy and real estate: alternatives for operational lease

NARCIS (Netherlands)

Ploeger, H.D.; Prins, M.; Straub, A.; van den Brink, R.

2017-01-01

The concept that suppliers retain ownership of building products and the materials encapsulated within these products and that their customers ‘only’ pay for services is a paradigm in Circular Economy. However in many legal systems, elements incorporated in a building such as the facade or the roof,

Innovation investment decisions: are post(transition economies different from the rest of the EU?

Directory of Open Access Journals (Sweden)

Ljiljana BOZIĆ

2017-12-01

Full Text Available The slow progress of innovation in transition economies is not related just to firms’ decision to invest in innovation activities. Rather, it is worth distinguishing between their decision to increase investment, reduce it, keep their investments at the same level or not invest in innovation activities at all. To understand these decisions we develop and estimate models for post-transition and developed European countries employing multinomial probit. The analysis relies on responses of 2580 firms from 11 post-transition countries and 4058 firms from 18 European countries collected by the Flash Eurobarometer 433 - Innobarometer 2016 survey. We have established that the firms’ decision making process in general is mostly related to previous innovation investment experience. In transition countries, the higher the percent of turnover invested in innovation, the lower the probability of an increase in the future. In the firms operating in developed economies, lower turnover from new products is related to the decision to decrease innovation investment in the future.

More chemistry between green and growth. The opportunities and dilemmas of a bio-based economy

International Nuclear Information System (INIS)

2010-12-01

A bio-based economy is one in which enterprises manufacture non-food products from biomass. Such products include fuel for the transport industry, chemicals, materials, and energy. Biomass is the biological material of living or recently living organisms, either animal or vegetable. With technology becoming more sophisticated, it is growing easier to turn plants, trees, crops, and residual animal waste into biomass. Waste and waste streams are increasingly being used as input in production processes, thereby gaining an economic value of their own. They are giving rise to new, sustainable products with considerable added value that replace products based on non-renewable materials. New bio-based products may offer the Netherlands new economic opportunities. The Dutch can already boast a number of distinct advantages in that respect, thanks to the sophistication of their industrial sector, agro-industry, chemicals and energy industries, and transport and logistics sector - all key sectors in a bio-based economy. However, the growing world population and increasing level of prosperity worldwide, and the environmental and climate problems associated with such growth, are adding to the complexity of policy-making aimed at developing a bio-based economy. The shift from fossil-based to bio-based materials must be part of a comprehensive policy aimed at achieving a sustainable economy. [nl

Emergy-based ecological account for the Chinese economy in 2004

Science.gov (United States)

Jiang, M. M.; Zhou, J. B.; Chen, B.; Chen, G. Q.

2008-12-01

This paper provides an integrated study on the ecological account for the Chinese economy in 2004 based on emergy synthesis theory. The detailed flows of the Chinese economy is diagramed, accounted and analyzed in categories using the biophysically based ecological accounting. Through calculating environmental and economic inputs within and outside the Chinese economy, this paper discusses the Chinese international exchange, describes the resource structure, and assesses its sustainability as a whole. Also, the comparison of systematic indicators, such as emergy/dollar ratio, environmental load ratio, and emergy self-support ratio, with those of the other countries is tabled and explored to illustrate the general status of the Chinese economy in the world. Take, for example, the environmental load ratio, which was 9.29 in China 2004, it reveals that the Chinese economy put high pressure on the local environment compared with those of the environment-benign countries, such as Brazil (0.75), Australia (0.86) and New Zealand (0.81). In addition, in this paper, the accounting method of tourism is adjusted based on the previous researches.

The effects of energy taxes on the Kenyan economy: a CGE analysis

International Nuclear Information System (INIS)

Semboja, H.H.H.

1994-01-01

The paper utilizes a computable general equilibrium model to evaluate the impact of the second oil price shock and consequent energy tax policies on the Kenyan economy. Simulations show that dramatic change in energy prices and consequent changes in domestic energy consumption generate sequential feedbacks in the production process and affect economic structures. Terms of trade deteriorate; the balance of payments deficit increases and national income falls. Energy import tariffs and a sales tax are effective policy instruments in controlling energy consumption and increasing government revenue. Both energy policies have net negative effects on other economics activities similar to those observed under the oil price shock. (author)

Political Economy in Applied Linguistics Research

Science.gov (United States)

Block, David

2017-01-01

This state-of-the-art review is based on the fundamental idea that political economy should be adopted as a frame for research and discussion in applied linguistics as part of a general social turn which has taken hold in the field over the past three decades. It starts with Susan Gal's (1989) early call for such a move in sociolinguistics and…

Globalization and the financialization of the economy

Directory of Open Access Journals (Sweden)

Ion Bucur

2013-12-01

Full Text Available The defining with profound implications on the economy and society is represented the globalization. In this context, we have noticed the increasing influence of the financial markets on the economy, the tendency to remove the finances from the real economy requirements, the growing role of external financing using more volatile capital goods, increased competition regarding the access to financing, the significant increase of power of the international capital markets whose characteristic is represented by the increased instability, the implications of the investors’ obsession with an excessive profitableness of their own funds and the expansion of using sophisticated financial products. Realities of today’s financial markets, which are the subject of numerous studies and analysis, have contributed to the association of the arguments that are contesting the thesis on the virtues of self-regulation markets and promoting a new paradigm, within which finances should subordinate the requirements of a balanced and sustained economic growth.

Tax incentives in emerging economies

OpenAIRE

Brodzka, Alicja

2013-01-01

Emerging economies have introduced tax incentives for various reasons. In some countries in transition, such instruments may be seen as a counterweight to the investment disincentives inherent in the general tax system. In other countries, the incentives are intended to offset other disadvantages that investors may face, such as a lack of infrastructure, complicated and antiquated laws, bureaucratic complexities and weak administration. The article brings closer the issue of tax incentives of...

Allocation base of general production costs as optimization of prime costs

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Levytska I.O.

2017-03-01

Full Text Available Qualified management aimed at optimizing financial results is the key factor in today's society. Effective management decisions depend on the necessary information about the costs of production process in all its aspects – their structure, types, accounting policies of reflecting costs. General production costs, the so-called indirect costs that are not directly related to the production process, but provide its functioning in terms of supporting structural divisions and create the necessary conditions of production, play a significant role in calculating prime costs of goods (works, services. However, the accurate estimate of prime costs of goods (works, services should be determined with the value of indirect costs (in other words, general production costs, and properly determined with the base of their allocation. The choice of allocation base of general production costs is the significant moment, depending on the nature of business, which must guarantee fair distribution regarding to the largest share of direct expenses in the total structure of production costs. The study finds the essence of general production costs based on the analysis of key definitions of leading Ukrainian economists. The optimal allocation approach of general production costs is to calculate these costs as direct production costs within each subsidiary division (department separately without selecting a base as the main one to the their total amount.

Challenges in Building a Sustainable Biobased Economy

DEFF Research Database (Denmark)

Mussatto, Solange I.

2017-01-01

for the production of fuels, chemicals, energy and materials is therefore recognized as a need by numerous industries and policy makers in countries around the world. In addition, a biobased economy has the potential to generate new jobs and even new industries, creating new opportunities for entrepreneurship...

Economy and Grace

DEFF Research Database (Denmark)

Pedersen, Else Marie Wiberg

2015-01-01

Luther develops his idea the grace of God in tandem with his idea of economy, and a society characterized by ethical and social values such as love of neighbour and caring for the poor. Hence, the reformer's search for a gracious God is developed along with his criticism of the current indulgence...... doctrine and the emerging 'oeconomia moderna'. Thus, building on a simul gratia et oeconomia, grace and economy simultaneously, Luther's reformation theology can be perceived as te intersection of an economy of grace and a horizontal social economy (works of love) in quotidian life that together constitute...

National Competitiveness in Global Economy: Evolution of Approaches and Methods of Assessment

Directory of Open Access Journals (Sweden)

- Teng Delux

2011-09-01

Full Text Available The basic concept of national competitiveness and the analytic potential model for the estimation of countries' competitiveness, such as diamond model of competitive advantages of national economies by M. Porter, the generalized double diamond model of international competitiveness by C. Moon, 9-factors model by S. Cho, Global Competitiveness Index (GCI and Knowledge Economy Index (KEI are considered.

New Normal in Russian Economy: Regional Specificity

Directory of Open Access Journals (Sweden)

Yakov Petrovich Silin

2016-09-01

Full Text Available The main objective of the article is to study the concepts of “New Normal”, “New Industrialization” and the questions of formation and development of the productions of the fifth and sixth technological modes in the regional economic area. Substantive expansion of “New Normal” concept was argued, it became popular during the global financial and economic crisis of 2008. The logic of transformation to a “New Normal” is true not only for the world economy, individual countries and regions, but also for the Sverdlovsk region. The scientific hypothesis of the article consists in the identifying the characteristics of “New Normal” at the regional level and showing the possible directions of transformation from a «New Normal” situation using the concept of new industrialization for the regional economy. The main features of “New Normal” in the region were identified and analyzed. There are, for example, the slow growth of industrial production, the reducing of the investment climate, the low dynamics of metal prices. It is proved that the realization of the concept of new industrialization in the region can become the most attractive answer to the challenges of «New Normal». The need for the integration of the processes of new industrialization with the formation and development of the productions of the fifth and sixth technological waves is proved. The article is focused on the possibility of the transformation of the Sverdlovsk region in the region of the technological breakthrough of the 21st century. It is demonstrated that during 15–20 years, the priority will be the development of the productions of the fifth and sixth technological waves that will be based on the high-tech production of military-industrial complex, nuclear energy as well as nanotechnology and nanomaterials. It is proved that at this time, the model of innovative development of the region may be realized. It is able to lead the regional economy

Sustainable cotton production and water economy through different planting methods and mulching techniques

International Nuclear Information System (INIS)

Nasrullah, H.M.; Khan, M.B.; Ahmad, R.; Ahmad, S.; Hanif, M.; Nazeer, W

2011-01-01

Planting methods and mulching techniques are important factors which affect crop growth, development and yield by conserving soil and plant moisture. A multifactorial experiment was conducted to study the water economy involving different planting methods and mulching techniques in cotton (Gossypium hirsutum L.) for two consecutive years (2004 and 2005) at the Agronomic Research Station, Khanewal. Two moisture stress tolerant cotton varieties (CIM-473 and CIM-499) were planted using four different planting methods i.e. 70c m spaced single row planting, 105 cm spaced double row strip planting, 70 cm spaced ridge planting and 140 cm spaced furrow beds (or bed and furrows) along four mulching practices i.e. cultural, straw, sheet and chemical for their individual and interactive effects on various parameters including water use efficiency. Positive interactive effects of furrow bed planting method (140 cm spaced) with plastic sheet/film mulching were observed for all the parameters i.e., highest seed cotton yield (3009 and 3332 kg ha/sup -1/), maximum water saving (up to 25.62% and 26.53%), highest water use efficiency up to 5.04 and 4.79 [macro mol (CO/sub 2/)/mmol (H/sub 2/O)], highest net income (Rs. 27224.2 and 50927.7 ha/sup -1/) with a cost-benefit ratio of 1.64 and 2.20 followed by maximum net income (Rs. 27382.2 and 47244.5 ha/sup -1/) with 1.64 and 2.10 cost-benefit ratio in case of plastic mulch and 2814 and 3007 kg ha/sup -1/ in ridge planting method during 2004 and 2005, respectively. It is concluded that cotton crop can be grown using bed and furrow planting method with plastic sheet/film mulching technique for sustainable cotton production and better water economy. (author)

Modeling of similar economies

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Sergey B. Kuznetsov

2017-06-01

Full Text Available Objective to obtain dimensionless criteria ndash economic indices characterizing the national economy and not depending on its size. Methods mathematical modeling theory of dimensions processing statistical data. Results basing on differential equations describing the national economy with the account of economical environment resistance two dimensionless criteria are obtained which allow to compare economies regardless of their sizes. With the theory of dimensions we show that the obtained indices are not accidental. We demonstrate the implementation of the obtained dimensionless criteria for the analysis of behavior of certain countriesrsquo economies. Scientific novelty the dimensionless criteria are obtained ndash economic indices which allow to compare economies regardless of their sizes and to analyze the dynamic changes in the economies with time. nbsp Practical significance the obtained results can be used for dynamic and comparative analysis of different countriesrsquo economies regardless of their sizes.

The impact on advanced economies of north-south trade in manufacturing and services

Directory of Open Access Journals (Sweden)

Robert Rowthorn

2005-04-01

Full Text Available Many types of production are being transferred from the rich economies of the North to the poorer economies of the South. Such changes began in manufacturing but are now spreading to services. This paper provides estimates of their past and future impact on employment in the North. About 5 million manufacturing jobs have been lost over the past decade because of trade with low-wage economies. A similar number of service jobs may be lost to low-wage economies over the next decade. Although small compared to total employment, such losses may seriously harm certain localities or types of worker.

The Circular Economy and the Leading European Retailers: A Research Note

Directory of Open Access Journals (Sweden)

Peter Jones

2018-03-01

Full Text Available The concept of the circular economy is gaining momentum in political and business thinking about the transition to a more sustainable future. EuroCommerce and the European Retail Round Table, for example, have argued that leading retailers are keen to play a leading role in shaping the circular economy within Europe. This exploratory research note outlines the characteristic features of the concept of the circular economy, provides some illustrations of how Europe’s leading retailers are publicly addressing circular economy approaches and offers some general reflections on the application of the concept within the retail sector of the economy. The findings reveal that almost 50% of the leading European retailers signalled a commitment to the circular economy and to the principles underpinning it and a number of them looked to evidence their commitment within their retail operations. That said the authors suggest that If Europe’s leading retailers’ public commitments to a more circular economy are to become a reality then they will not only need to effect a radical change in their current business models and that this will need to be accompanied by radical changes in consumers consumption behaviour. More contentiously, there must be concerns that the leading European retailers might effectively capture the concept of the circular economy to justify continuing economic growth.

www.FuelEconomy.gov

Data.gov (United States)

U.S. Environmental Protection Agency — FuelEconomy.gov provides comprehensive information about vehicles' fuel economy. The official U.S. government site for fuel economy information, it is operated by...

Energy price increases, economic rents, and industrial structure in a small regional economy

Energy Technology Data Exchange (ETDEWEB)

Norrie, K.H.; Percy, M.B.

1982-01-01

The authors model the relationship between natural-resource revenues and regional economic diversification in the context of a general-equilibrium model of a small, open, natural-resource-based regional economy. The model is then used to stimulate the implications of various province-building strategies, and to draw policy implications from this. They find that the efforts to diversify the economy using the fiscal capacity of the region will, in general, impose real welfare losses on the residents of the province, although certain groups, such as land owners, are already better off.

'Economy' line foods from four supermarkets and brand name equivalents: a comparison of their nutrient contents and costs.

Science.gov (United States)

Cooper, S; Nelson, M

2003-10-01

Achieving healthy eating targets for low income households can be difficult because of economic barriers. Several UK supermarkets have introduced 'value line' or 'economy line' foods to improve their attractiveness to low income consumers. The costs and nutrient contents of five 'economy' line products of four major English supermarkets - Asda, KwikSave, Sainsbury and Tesco - were compared with branded (but not 'own label') equivalents. Single samples of tinned tomatoes, long-life orange juice, potatoes, sausages and white bread were purchased in each supermarket. They represented items of potential importance in relation to 'healthy' choices in the shopping baskets of low income households. Nutrients analysed were fat, sodium, potassium, iron, calcium, vitamin C, and energy. Economy line foods had a nutrient composition similar to and often better than the branded goods. The economy line products frequently had nutrient contents more in line with the Balance of Good Health (e.g. lower fat and sodium) compared with the branded goods. In terms of nutrients per pence, the economy line products were far better value for money compared with the branded lines. Economy line foods represent excellent value for money and are not nutritionally inferior to the branded products. They have a potentially important role to play in the promotion of healthy eating, especially amongst low income households.

Overall socio-economic perspective of the world economy to the year 2000

International Nuclear Information System (INIS)

1990-01-01

The document contains the following 10 chapters: Introduction, Long-term trends in world economic development, Quantitative scenarios for the world economy to the year 2000, Structural changes in world production and trade, Long-term sectoral issues, New technologies, Environmental issues, Population and human settlements, Human resource development and social policy, Concluding observations. The chapter devoted to long-term sectoral issues includes an analysis of the trends in the field of energy consumption and production in the overall socio-economic perspective of the world economy to the year 2000. Figs and tabs

General productivity code: productivity optimization of gaseous diffusion cascades. The programmer's guide

International Nuclear Information System (INIS)

Tunstall, J.N.

1975-05-01

The General Productivity Code is a FORTRAN IV computer program for the IBM System 360. With its model of the productivity of gaseous diffusion cascades, the program is used to determine optimum cascade performance based on specified operating conditions and to aid in the calculation of optimum operating conditions for a complex of diffusion cascades. This documentation of the program is directed primarily to programmers who will be responsible for updating the code as requested by the users. It is also intended to be an aid in training new Productivity Code users and to serve as a general reference manual. Elements of the mathematical model, the input data requirements, the definitions of the various tasks (Instructions) that can be performed, and a detailed description of most FORTRAN variables and program subroutines are presented. A sample problem is also included. (auth)

The Price Stability-Important Lever within the Economy

Directory of Open Access Journals (Sweden)

Maria Mirabela Florea Ianc

2016-01-01

Full Text Available One of the biggest problems that have confronted the authorities, whether fiscal, monetary, either along the time is represented by the generalised increase in prices (inflation, which is why it is not considered good at the level of an economy, because it is presented as a nominal increase of PIB, namely the erosion of the economy as a whole, not least, to generate macroeconomic imbalances The inflation creates pressure not only on monetary plan, and the plan as general economic, political and social. This, in addition to generating a sharp decline in savings, discourages investment and favors moving the capital in assets that generate real revenue.

Heroes of the knowledge economy

DEFF Research Database (Denmark)

Ørberg, Jakob Williams

they themselves envisage their futures. The thesis looks behind the mirror cabinet of policy making and aims to better grasp the work and personal investments of Indian youth in creating the imaginaries we rely on globally, when we envision the global knowledge economy. The thesis is as such an account......The Indian engineering student has both nationally and globally come to symbolize the advent of a global knowledge economy. Indian engineering students are depicted in policy documents and popular media as important protagonists that will take India into the this promising future. This thesis...... is a study of these Indian ‘heroes’. It is based on ethnographic fieldwork in an iconic site for their production, the top Indian engineering university, the Indian Institute of Technology Delhi, and it aims to understand how students engage in the creation of both their own and national – even global...

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

International Nuclear Information System (INIS)

Gnansounou, Edgard; Dong Jun

2010-01-01

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

Forms of e-commerce and its place in the system of digital economy

Directory of Open Access Journals (Sweden)

A.D. Shemet

2012-08-01

Full Text Available The article deals with main forms of e-commerce and its place in the digital economy, gives the characteristic of each. An analysis of research scientists on this issue and proposed the general scheme of the relationship of these forms. The structure of the digital economy and e-commerce site is determined by its composition.

Looking at the ‘sharing’ economies concept through the prism of informality

DEFF Research Database (Denmark)

Kovács, Borbála; Morris, Jeremy Bryan; Polese, Abel

2017-01-01

How do the ‘sharing economies’ relate to the long history of informal economic practices as understood in the social sciences? This article examines conceptions of the sharing economy in terms of its relation to scholarship on informality. By using two case studies of informal economic practices...... that originated in socialist-era societies and continue to the present day in modified forms, we critique the notion that sharing economies are significantly novel in form or logic, other than technologically. We draw attention to the variety of informal economy practices to discuss how they may be socially...... embedded or disembedded. The main focus on global technological leveraging of productivity and connectivity in sharing economy practices would suggest that many aspects are akin to disembedded forms of informality. Scholarship needs to address the ongoing disciplinary parallelism on prefixed ‘economies...

ON THE DEVELOPMENT OF THE ALBANIAN INFORMAL ECONOMY

Directory of Open Access Journals (Sweden)

Majlinda BELLO

2011-01-01

Full Text Available The purpose of the paper is to analyze the informal economy in Albania. The measurement of informal economy may be realized through direct and indirect methods. The collection of data about informal economic activities, the frequency and the volume of the underground activities present a challenge, because of the data limitations. Therefore, to measure it used more indirect methods. Albanian governments have always adopted a philosophy that aims to formalize the economy through legal and institutional improvements, reducing taxes, fighting corruption and tax evasion; improvement in revenue collection from customs and taxes in general, improving governance and increasing efficiency of public institutions. Albania is on the way of the integration in the EU. The integration perspective should be supported by concrete politics on the improvement of government functioning and decrease of the informal sector, so that the people think that their country is on the right way toward modernization and prosperity.

Political economies and environmental futures for the sharing economy

NARCIS (Netherlands)

Frenken, Koen|info:eu-repo/dai/nl/207145253

2017-01-01

The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their

The phenomenon of factoring, benefits for beneficiary and national economy

Directory of Open Access Journals (Sweden)

Kasavica Petar

2015-01-01

Full Text Available The essay encompasses three thematic units focused on the phenomenon of factoring and its benefits for beneficiaries and national economies. In the first part the essay analyses background, concept and participants, types of factoring products, and how factoring functions from the perspective of involved risks. In the second part the essay analyses benefits of factoring for beneficiaries, especially their financial performances and how factoring decreases collection risk and costs of working capital financing. In the third part the essay analyses benefits of factoring for national economies tackling its capabilities to support declining companies and how factoring upgrades macroeconomic figures and features of financial sector. This part explains the way how national economies are organized through international factoring based on two factor systems. The goal of the essay is to pinpoint micro benefits and their impact on macro environment, i.e. national economy.

Cues and economy in the acquisition of verb movement

Directory of Open Access Journals (Sweden)

Kristine Bentzen

2005-02-01

Full Text Available In this paper we will discuss how economy principles interact with cues in the input in bilingual first language acquisition. We will look at the acquisition of verb placement in a child acquiring English and Norwegian simultaneously. Based on data from this child, it will be argued that when faced with ambiguous cues with respect to the verb movement parameter, children do not necessarily adopt the default, less marked setting. Rather, they may opt for a setting which yields an overall consistent grammar, even when this grammar contains operations that are more costly than those used in the target language. We will suggest that economy in acquisition may involve consistency in a grammar in correlation with economy in the more traditional sense within minimalism, where moving an element in general is considered more costly than not moving it (Chomsky 1995.

Knowledge Creation in International Joint Ventures in Emerging Economies

DEFF Research Database (Denmark)

Nielsen, Ulrik B.

Entering and developing presence in emerging economies often require foreign firms to set up International Joint Ventures (IJVs) with local partners, especially when the prime motive of the operation is to capture opportunities in the local markets (Mohr & Puck, 2005). IJVs have therefore become...... an important way for firms to enter these markets and a significant force in shaping a firm’s global strategy in expanding international activities abroad. However, research has shown that IJVs in emerging economies are unstable, and firms have experienced that performance of their IJVs in these emerging...... economies often does not meet their expectations (Fang & Zou, 2010). Extant research has shown that, in general, management of IJVs appears to be a difficult issue. 60-70% of all partnerships are not successful (Lambe, Spekman, & Hunt, 2002). Inter-partner learning has been proposed in the literature...

Introduction Of Techno-Economy

International Nuclear Information System (INIS)

Park, Woo Hui

2001-08-01

This book gives descriptions of science, technology and techno-economy, invention and science and technology in the Twenty-First century, theory and model of technological innovation, technology and economy technology and industry, technology and business, spread and transfer of technique, technology and international economy, science, technique and culture, science, technology and government, development of technology in Korea and developing countries, and conclusion on the past and the future of techno-economy.

Energy disruptions, interfirm price effects and the aggregate economy

International Nuclear Information System (INIS)

Huntington, Hillard G.

2003-01-01

In an economy with many imperfect competitors (monopolistic competition), firms that pass through higher oil prices during a disruption will affect the demand for firms in other industries. Firms that charge higher prices for their final product will include the effect on their own final product in their private decisions but will exclude the effect on the final products of other firms. Although a pecuniary externality, these actions will reduce society's welfare, unlike the case of a perfectly competitive market. This situation creates a societal risk that is much wider than an externality in any single market. Policy interest shifts from one of punishing Persian Gulf oil producers to one of cushioning an industrialized economy from sudden disruptions caused by political and military conflicts. Although the value of reducing oil use depends upon a number of unknown parameters with wide distributions, a representative numerical example suggests that it may approach 5 US dollars per barrel. (Author)

Task force on resource development and the economy

International Nuclear Information System (INIS)

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

2011-02-01

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

A Field Study of Scale Economies in Software Maintenance

OpenAIRE

Rajiv D. Banker; Sandra A. Slaughter

1997-01-01

Software maintenance is a major concern for organizations. Productivity gains in software maintenance can enable redeployment of Information Systems resources to other activities. Thus, it is important to understand how software maintenance productivity can be improved. In this study, we investigate the relationship between project size and software maintenance productivity. We explore scale economies in software maintenance by examining a number of software enhancement projects at a large fi...

Gray economy in Serbia in light of tendencies in European countries

Directory of Open Access Journals (Sweden)

Madžar Lidija

2013-01-01

Full Text Available The gray economy presents the sum of all economic activities over which the modern state has no control, that is, which are on the edge of the law in the so-called grey zone. It is also the part of the economy not covered by official statistics. Therefore, the gray economy is not subject to taxation and does not contribute to the gross domestic product (GDP of the country. The aim of this paper is to present a detailed analysis of the causes and effects of this phenomenon. The paper also emphasizes the great importance of its suppression and control in modern economies. Illegal and partially legal forms of the gray economy cause tax evasion and avoiding the social security contribution payment, disrespect of valid labor standards, avoiding legal business as well as the emergence of market and structural distortions. In this paper, the problem of assessment of the gray economy is viewed through the direct and indirect measurement methods. In addition to the advantages and disadvantages, the causes of this phenomenon are set out in detail. The paper provides a comprehensive overview of ten year data on the gray economy in European countries, with concrete measures to deal with this phenomenon. The unfavorable situation of Serbian gray economy, which is worse than the European and regional average, is presented at the end of this paper.

Spillover Effects of the Russian Economy: Regional Specificity

Directory of Open Access Journals (Sweden)

Elena Anatolyevna Fedorova

2016-03-01

Full Text Available The purpose of the study is to evaluate the strength and direction of the distribution of the foreign direct investments (FDI in regional economy. The subject matter of the research is FDI to the regions of Russia. The subject of the study is relevant as it makes possible to estimate the long-term consequences from the restrictions of the West countries (in connection with sanctions against the inflow of the foreign capital to the regions of the Russian Federation. The study is based on the following hypotheses: 1. Russian regional economy has horizontal (distribution of effects from FDI within an industry and vertical spillover effects (distribution according to a technological chain, from product suppliers to product consumers. Vertical effects are more important and have greater amplitude than horizontal effects. An industry competition is one of the causes of negative horizontal spillover effect, and the scale of the company is the reason of positive horizontal spillover effect. 2. FDI generates the positive regional spillover effects on the productivity of domestic firms in the Russian economy. 3. Regional industry specificity influences the sign and magnitude of spillovers from FDI. 4. Time sensitivity is revealed for horizontal spillovers, so the regional effects may change the direction. As an empirical basis of the study, the statements of 23567 Russian companies with FDI and 25354 Russian enterprises without FDI for the 5 years were used. The methodology of the research is the calculation of spillover effects, Cobb-Douglas production function and panel data regression. The study has found, that the direct vertical spillover effects are almost absent. That means that industrial consumers do not notice the effect of inward FDI. At the same time, the converse effect related to the product suppliers is positive, but as the direct effect, it is not more important in any group of regions then the horizontal effect. The Russian economy has a

RECIPROCITY IN THE ECONOMY OF THE AGE OF SILICON ECONOMY SYSTEMS TO EARLY EXPERIENCES CURRENT SOLIDARITY ECONOMY

Directory of Open Access Journals (Sweden)

Horacio, Simes

2012-01-01

Full Text Available Reciprocity is an integrating principle of supportive economy activities. In non-capitalist societies, it has been realized through the participation of certain institutional arrangements that favored the stability of exchange relations. Progress towards capitalist societies and deepening them, dissolved many of these institutional supports, while economy relations separated from other social relations in which it was first inserted. In addition, the selfish individual was become an active participant in the economy life of society. With the construction of market economies and state regulation, reciprocal relationships were being reduced to a lower field activities. Under these circumstances, they should investigate how reciprocity is manifested today, the institutional arrangements that are suitable to give stability and unity to cooperative behavior and the dynamics of their relationship to the context of the market and the state.

[Ecological misunderstanding, integrative approach, and potential industries in circular economy transition].

Science.gov (United States)

Wang, Rusong

2005-12-01

Based on the Social-Economic-Natural Complex Ecosystem theory, this paper questioned 8 kinds of misunderstandings in current planning, incubation, development, and management of circular economy, which had led to either ultra-right or ultra-left actions in ecological and economic development. Rather than concentrated only on the 3-r micro-principles of "reduce-reuse-recycle", thise paper suggested 3-R macro-principles of "Rethinking-Reform-Refunction" for circular economy development. Nine kinds of eco-integrative strategies in industrial transition were put forward, i.e., food web-based horizontal/parallel coupling, life cycle-oriented vertical/serial coupling, functional service rather than products-oriented production, flexible and adaptive structure, ecosystem-based regional coupling, social integrity, comprehensive capacity building, employment enhancement, and respecting human dignity. Ten promising potential eco-industries in China's near-future circular economy development were proposed, such as the transition of traditional chemical fertilizer and pesticide industry to a new kind of industrial complex for agro-ecosystem management.

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

Science.gov (United States)

Husain, Muhammad Jami; Khondker, Bazlul Haque

2016-01-01

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

The Political Economy of State Governance in Global Production Networks:Change, Crisis and Contestation in the South African Fruit Sector

OpenAIRE

Phillips, Nicola Jane; Alford, Matthew

2017-01-01

Within the global value chain (GVC) and global production network (GPN) literatures, one of the most vibrant areas of debate focuses on dynamics of governance. However, the evolution of these debates has been underpinned by a persistent firm-centrism, with insufficient attention paid to states, public authority and politics. Building on a renewed interest in these themes in the recent literature, we contribute to a growing demand for a more robust political economy of governance in GVC/GPN de...

Polymorphic Uncertain Linear Programming for Generalized Production Planning Problems

Directory of Open Access Journals (Sweden)

Xinbo Zhang

2014-01-01

Full Text Available A polymorphic uncertain linear programming (PULP model is constructed to formulate a class of generalized production planning problems. In accordance with the practical environment, some factors such as the consumption of raw material, the limitation of resource and the demand of product are incorporated into the model as parameters of interval and fuzzy subsets, respectively. Based on the theory of fuzzy interval program and the modified possibility degree for the order of interval numbers, a deterministic equivalent formulation for this model is derived such that a robust solution for the uncertain optimization problem is obtained. Case study indicates that the constructed model and the proposed solution are useful to search for an optimal production plan for the polymorphic uncertain generalized production planning problems.

Building Digital Economy - The Research Councils Programme and the Vision

Science.gov (United States)

Hand, John

We at the Research Councils believe that there are many aspects of society and business that could be transformed by the innovative design and use of digital technologies. This has led to the Digital Economy Programme. The Digital Economy is an RCUK Cross-Research Council Programme, led by the EPSRC, but working closely with ESRC, MRC, AHRC and TSB. What is Digital Economy? Digital Economy is the novel design or use of information and communication technology to help transform the lives of individuals, society or business. All Digital Economy research involves the user community. This can include industry, government, society, charities or other groups as applicable. The research will understand the technologies and also why change is needed, what the impacts will be and who will benefit. Research in this cross-research council area can be driven by economic, social or technical need. The early involvement of the user community is vital if new technologies are to be integrated successfully into business opportunities, technical solutions or commercial products and processes. Challenges in the Digital Economy will require multi-disciplinary academic input, including, but not limited to, the arts and humanities, economic and social sciences and medical sciences, in addition to engineering and physical sciences.

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

OpenAIRE

Mihaela Ioneci; Georgiana Mîndreci

2010-01-01

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

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

Science.gov (United States)

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

2014-12-01

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

Electrification of France national economy on the base of accelerated growth of nuclear power

International Nuclear Information System (INIS)

Grinkevich, R.N.; Mazarovich, E.O.

1988-01-01

The role of nuclear power in the development of France economy is analysed. Dynamics of economy and power engineering development in 1970-2000, gross domestic product growth rates, dynamics of structure of power resource consumption for electric power production, growth rates of basic labour and industrial product indices are considered. Advance of electric power consumption as compared to primary fuel and power resource consumption is stressed. The French NPP installed capacity in 1985 made up 37.5 GW or 43% of the capacity of all the electric power stations. 390 TWxh of electric power will be produced in France in 2000 which will make up 81.3% of the total production

Energy policy and regional inequalities in the Brazilian economy

International Nuclear Information System (INIS)

Santos, Gervasio F.; Haddad, Eduardo A.; Hewings, Geoffrey J.D.

2013-01-01

The objective of this paper is to evaluate the long-run regional impacts of the tariff policy of the Brazilian electric power sector. This sector has undergone a reform process that started in the 1990s. Since the beginning of the reform, two spatial trends of distribution of electric power tariffs have emerged among the Brazilian states, one of convergence and another of spatial divergence. These trends have been guided by the new electric power tariff policy and by the spatial features of the Brazilian economy, which is marked by a high degree of spatial concentration and hierarchical distribution of large markets. In addition, because of the presence of strong economies of scale, the recent electric power prices differentials might be caused by differentials in market size that provide better conditions for the achievement of economies of scale for electric power utility companies located in larger markets. Given the role of electric power as an important intermediate input in the production process and the interdependence between sectors, an Energy Interregional Computable General Equilibrium model was used to simulate the long-run regional impacts of electric power tariff policy in Brazil. The simulations showed that the heterogeneity of energy-intensity and the differentials of energy substitution drive the spatial impacts of changes in electric power prices. On the other hand, the recent trend of spatial dispersion of electric power prices might contribute to a decrease in the long-run economic growth and to an increase in the regional inequalities in Brazil. - Highlights: ► We model the regional impacts of tariff policy of the electric power sector in Brazil. ► High electric power tariffs increases in regions with higher electric-power-intensity. ► Heterogeneity of energy supply determines an unequal pattern of energy substitution. ► Low possibilities of energy substitution generate the most negative economic impacts

Should a vehicle fuel economy standard be combined with an economy-wide greenhouse gas emissions constraint? Implications for energy and climate policy in the United States

International Nuclear Information System (INIS)

Karplus, Valerie J.; Paltsev, Sergey; Babiker, Mustafa; Reilly, John M.

2013-01-01

The United States has adopted fuel economy standards that require increases in the on-road efficiency of new passenger vehicles, with the goal of reducing petroleum use and (more recently) greenhouse gas (GHG) emissions. Understanding the cost and effectiveness of fuel economy standards, alone and in combination with economy-wide policies that constrain GHG emissions, is essential to inform coordinated design of future climate and energy policy. We use a computable general equilibrium model, the MIT Emissions Prediction and Policy Analysis (EPPA) model, to investigate the effect of combining a fuel economy standard with an economy-wide GHG emissions constraint in the United States. First, a fuel economy standard is shown to be at least six to fourteen times less cost effective than a price instrument (fuel tax) when targeting an identical reduction in cumulative gasoline use. Second, when combined with a cap-and-trade (CAT) policy, a binding fuel economy standard increases the cost of meeting the GHG emissions constraint by forcing expensive reductions in passenger vehicle gasoline use, displacing more cost-effective abatement opportunities. Third, the impact of adding a fuel economy standard to the CAT policy depends on the availability and cost of abatement opportunities in transport—if advanced biofuels provide a cost-competitive, low carbon alternative to gasoline, the fuel economy standard does not bind and the use of low carbon fuels in passenger vehicles makes a significantly larger contribution to GHG emissions abatement relative to the case when biofuels are not available. This analysis underscores the potentially large costs of a fuel economy standard relative to alternative policies aimed at reducing petroleum use and GHG emissions. It further emphasizes the need to consider sensitivity to vehicle technology and alternative fuel availability and costs as well as economy-wide responses when forecasting the energy, environmental, and economic outcomes of

Knowledge Based Economy Assessment

OpenAIRE

Madalina Cristina Tocan

2012-01-01

The importance of knowledge-based economy (KBE) in the XXI century is evident. In the article the reflection of knowledge on economy is analyzed. The main point is targeted to the analysis of characteristics of knowledge expression in economy and to the construction of structure of KBE expression. This allows understanding the mechanism of functioning of knowledge economy. The authors highlight the possibility to assess the penetration level of KBE which could manifest itself trough the exist...

Economies: An Open Access Journal for the Field of Development Macroeconomics

Directory of Open Access Journals (Sweden)

Ralf Fendel

2013-01-01

Full Text Available Economies (ISSN 2227-7099 is a new international, peer-reviewed open access journal for the academic fields of development economics and macroeconomics. While the latter seems to be clearly defined, development economics is not, because it is related to nearly all traditional economic sub-disciplines such as macroeconomics, international trade and finance, as well as microeconomics and public finance. Typically, academic field journals of development economics cover all those economic sub-disciplines. Economies instead focuses mainly on the macroeconomic perspective of economic development and it intends to publish academic research that is of strong macroeconomic policy relevance. In general, contributions in Economies should foster understanding of the macroeconomic process of economic development, with the process of development not exclusively being reserved to what we typically call developing countries. Also, the group of developed economies is still developing in the sense of improving their living standards further.

Growing a market economy

Energy Technology Data Exchange (ETDEWEB)

Basu, N.; Pryor, R.J.

1997-09-01

This report presents a microsimulation model of a transition economy. Transition is defined as the process of moving from a state-enterprise economy to a market economy. The emphasis is on growing a market economy starting from basic microprinciples. The model described in this report extends and modifies the capabilities of Aspen, a new agent-based model that is being developed at Sandia National Laboratories on a massively parallel Paragon computer. Aspen is significantly different from traditional models of the economy. Aspen`s emphasis on disequilibrium growth paths, its analysis based on evolution and emergent behavior rather than on a mechanistic view of society, and its use of learning algorithms to simulate the behavior of some agents rather than an assumption of perfect rationality make this model well-suited for analyzing economic variables of interest from transition economies. Preliminary results from several runs of the model are included.

Economic Subjectivities in Higher Education: Self, Policy and Practice in the Knowledge Economy

Directory of Open Access Journals (Sweden)

Sue Saltmarsh

2011-09-01

Full Text Available This article considers higher education in the context of global knowledge economy policies as a site for the production of economic subjectivities. Drawing insights from poststructuralist theory and feminist economics, it explores how the incorporation of economic discourse and market metaphors into education policy and practice functions as a disciplinary technique of governmentality. The article argues that while economic discourse displaces, disciplines and disrupts educational discourse, there is a need for greater acknowledgement of the productive potential of the intersection of education and economy as a means through which agency is in part accomplished. Implications for university learning and labour are considered, with a view to contributing to dialogues about new ways of undisciplining economic subjectivities, through which new ways of doing and being might enact alternative educational economies.

Trans-nationalisation Processes in the Ukrainian Economy

Directory of Open Access Journals (Sweden)

Bolharova Natalya K.

2013-12-01

Full Text Available The article considers main processes of trans-nationalisation of Ukrainian economy, identifies specific features of trans-national production and explains some theoretical aspects of these issues. It provides main stages of theoretical comprehension of activity of trans-national corporations (TNC, specific features of the theory of competitive advantages of TNC and specifies the basic ones of them. The article conducts analysis of flows of direct foreign investments into the Ukrainian economy. It shows distribution of direct foreign investments into Ukraine by main countries-investors, regions-recipients and types of economic activity. It conducts review and analysis of the modern state of trans-national corporations of foreign origin in the Ukrainian market. It considers functioning of domestic TNC in Ukraine and main tendencies of entering of Ukrainian companies into the world environment and also identifies directions of further development of these phenomena. Prospects of further studies in this direction are identification of the degree of trans-nationalisation processes in the Ukrainian economy and identification of the positive effect, in particular, synergy from integration and globalisation.

From war economies to peace economies in Africa | Broodryk ...

African Journals Online (AJOL)

One reason for the persistence and protracted nature of conflict on the. African continent is the phenomenon of war economies. These have transformed the nature of war itself where the object is not at neutralizing an enemy but to institutionalize violence at a profitable level of intensity. Transforming war economies into ...

The Role of Laser Additive Manufacturing Methods of Metals in Repair, Refurbishment and Remanufacturing - Enabling Circular Economy

Science.gov (United States)

Leino, Maija; Pekkarinen, Joonas; Soukka, Risto

Circular economy is an economy model where products, components, and materials are aimed to be kept at their highest utility and value at all times. Repair, refurbishment and remanufacturing processes are procedures aiming at returning the value of the product during its life cycle. Additive manufacturing (AM) is expected to be an enabling technology in circular economy based business models. One of AM process that enables repair, refurbishment and remanufacturing is Directed Energy Deposition. Respectively Powder Bed Fusion enables manufacturing of replacement components on demand. The aim of this study is to identify the current research findings and state of art of utilizing AM in repair, refurbishment and remanufacturing processes of metallic products. The focus is in identifying possibilities of AM in promotion of circular economy and expected environmental benefits based on the found literature. Results of the study indicate significant potential in utilizing AM in repair, refurbishment and remanufacturing activities.

Economies Evolve by Energy Dispersal

Directory of Open Access Journals (Sweden)

Stanley Salthe

2009-10-01

Full Text Available Economic activity can be regarded as an evolutionary process governed by the 2nd law of thermodynamics. The universal law, when formulated locally as an equation of motion, reveals that a growing economy develops functional machinery and organizes hierarchically in such a way as to tend to equalize energy density differences within the economy and in respect to the surroundings it is open to. Diverse economic activities result in flows of energy that will preferentially channel along the most steeply descending paths, leveling a non-Euclidean free energy landscape. This principle of 'maximal energy dispersal‘, equivalent to the maximal rate of entropy production, gives rise to economic laws and regularities. The law of diminishing returns follows from the diminishing free energy while the relation between supply and demand displays a quest for a balance among interdependent energy densities. Economic evolution is dissipative motion where the driving forces and energy flows are inseparable from each other. When there are multiple degrees of freedom, economic growth and decline are inherently impossible to forecast in detail. Namely, trajectories of an evolving economy are non-integrable, i.e. unpredictable in detail because a decision by a player will affect also future decisions of other players. We propose that decision making is ultimately about choosing from various actions those that would reduce most effectively subjectively perceived energy gradients.

Internal Control in Capitalist Enterprises. A Look from the Perspective of Political Economy

Directory of Open Access Journals (Sweden)

Rafael Domingos-Sapilinha

2017-06-01

Full Text Available All work directly social or collective on a large scale, requires to a greater or lesser extent a direction that establishes a harmonic link between the various individual activities and perform general functions born of the total productive organism. Thus the tasks of management, supervision and control appear as a requirement of the production process organized on the basis of the social division of labor and purely technical activities. Since then control has become a benchmark for various sciences, and internal control in the tool that aims at the effectiveness of business management by transparent operations and make records reliable, being indispensable for all types of business, including The big multinationals. Evaluating the fulfillment of internal control in large capitalist enterprises, approaching it from the perspective of Political Economy, is the objective of this article.

Ideas Production in Emerging Economies

OpenAIRE

Luintel, Kul B; Kahn, Mosahid

2012-01-01

We model 'new ideas' production in a panel of 17 emerging countries. Our results reveal: (i) ideas production is duplicative, (ii) externality associated with domestic knowledge stocks is of above unit factor proportionality, (iii) OECD countries raise the innovation-bar for emerging countries, (iv) there is no significant knowledge diffusion across emerging countries, and (v) growth in emerging countries appear far from a balanced growth path.

Alignment of Labor Skill from the Political Economy

Directory of Open Access Journals (Sweden)

Marianela Bermejo-Salmon

2015-12-01

Full Text Available The general objective of this article is to perform an organizational study the alignments process of the labor skill to the organization of the work from the Political Economy. This research was based on the method of the materialistic conception of history and interview techniques, opinion questionnaires and team work, among others. The main results obtained allowed to demonstrate how; supported by the object (the functions and the method of study of Political Economy, the fundamental contradictions of cultural, centralization and subjectivity, economic and administrative or managerial direction are treated; the ones which can stop the before referenced process, as well as their forms of manifestation and consequences for entities in the current context.

Algal biodiesel economy and competition among bio-fuels.

Science.gov (United States)

Lee, D H

2011-01-01

This investigation examines the possible results of policy support in developed and developing economies for developing algal biodiesel through to 2040. This investigation adopts the Taiwan General Equilibrium Model-Energy for Bio-fuels (TAIGEM-EB) to predict competition among the development of algal biodiesel, bioethanol and conventional crop-based biodiesel. Analytical results show that algal biodiesel will not be the major energy source in 2040 without strong support in developed economies. In contrast, bioethanol enjoys a development advantage relative to both forms of biodiesel. Finally, algal biodiesel will almost completely replace conventional biodiesel. CO(2) reduction benefits the development of the bio-fuels industry. Copyright © 2010 Elsevier Ltd. All rights reserved.

Political economies and environmental futures for the sharing economy

Science.gov (United States)

Frenken, Koen

2017-05-01

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

Introduction to the General Theory of Defects of the Mixed Economy

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Alexander Yakovlevich Rubinstein

2016-12-01

Full Text Available The author gives a new perspective on defects of the mixed economy in the context of nature and evolution of paternalism as one of elements of the theory of patronized goods. The researcher supplements standard market failures with ‘behavioral failure’, which is a direct consequence of irrational behavior of individuals, and ‘paternalistic failure’, which occurs as a result of erroneous actions of the state. The article also discusses the formation of paternalistic attitudes and reviews theoretical and applied aspects of liberalization of making political and economic decisions based on the development of civil society institutions and civic engagement aimed at reducing the risks of ‘government failures’ and welfare loss

Automotive Stirling engine development program. [fuel economy assessment

Science.gov (United States)

Kitzner, E. W.

1978-01-01

The Ford/DOE automotive Stirling engine development program is directed towards establishing the technological and developmental base that would enable a decision on whether an engineering program should be directed at Stirling engine production. The fuel economy assessment aims to achieve, with a high degree of confidence, the ERDA proposal estimate of 20.6 MPG (gasoline) for a 4500 lb 1WC Stirling engine passenger car. The current M-H fuel economy projection for the 170 HP Stirling engine is 15.7 MPG. The confidence level for this projection is 32%. A confidence level of 29% is projected for a 22.1 MPG estimate. If all of the planned analyses and test work is accomplished at the end of the one year effort, and the projected improvements are substantiated, the confidence levels would rise to 59% for the 20.6 MPG projection and 54% for the 22.1 MPG projection. Progress achieved thus far during the fuel economy assessment is discussed.

THE PLACE OF ENTREPRISE ECONOMY WITHIN ECONOMIC SCIENCES

Directory of Open Access Journals (Sweden)

CLAUDIA ISAC

2013-12-01

Full Text Available In this paper I have tried to present the place and importance of the discipline of Enterprise Economy among economic disciplines. Thus, in the first part we have showed the opinions of various authors from Romania on the interference of this discipline in the economic field with great implications through the 5 functions of the company to be presented. The second part of the thesis highlights the enterprise within modern economy and thus all the effects that increasingly complex and dynamic economic processes have upon the functions of the enterprise, the effective management of activities within the major functions of the enterprise: production, commercial, financial-accounting and human resources. Far from being just an analytic approach, this paper reveals the fact that the economy of enterprise is a theoretical and practical discipline with the aim of synthesizing basic knowledge of economic processes that take place at the microeconomic level.

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

Directory of Open Access Journals (Sweden)

Михаил Бурла

2017-09-01

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

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

Energy Technology Data Exchange (ETDEWEB)

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

2010-06-15

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

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

Energy Technology Data Exchange (ETDEWEB)

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

2010-06-15

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

Theory of Microcrediting in Transitional Economies

Directory of Open Access Journals (Sweden)

Nikola Kadoić

2009-06-01

Full Text Available In the early 1970s, Bangladeshi banker and economist Dr. Muhammad Yunus designed microcrediting – a socially sensitive and rightful system of fighting poverty and high unemployment rates. His Grameen Bank for the poorest of the poor in Bangladesh has so far lifted more than 3.2 million of individuals and their families out of poverty. After initial successes at home, microcredit was put into service for reducing unemployment and alleviating poverty in numerous countries throughout the world. This paper explores specific problems that a typical transitional country (like Croatia, is likely to face, with unemployment – the source of a vast number of related problems in a transitional society – as the focal point. The authors have attempted to incorporate particularities of a transitional economy into the original microcrediting principles. As a solution to problems afflicting the domestic economy, the authors define a global microcrediting system framework on the macroeconomic level, assuming at the same time that microcrediting of socially vulnerable groups can resolve many problems of modern transitional societies. Arising from the authors' primary intention – to consider in depth the functionality of microcrediting in general transition conditions – a transitional microcrediting system has been defined in general terms, and a corresponding financial and mathematical model developed.

The Determinant Factors of Creative Economy Craftsmen Sustainability in South Sulawesi Province

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Helda Ibrahim

2013-10-01

Full Text Available Creative economy craftsmen have big contribution to regional income and able to sustain in crisis. It can be seen on the average of Gross Domestic Product has employed 5.4 million in average for 2002-2009 with participation level of 5.8%. Therefore, a strategic sustainability is needed especially for the determinant factors of sustainability related to creative economy craftsmen. This research aims to observe the determinant factors of sustainability of creative economy craftsmen in Wajo and Bulukumba Regencies in South Sulawesi Province. Sample for the research was 215 creative economy craftsmen. Data collection is conducted on January to April 2012 consists of primary and secondary data. Research method was using prospective analysis to determine important factors to the sustainability of creative economy craftsmen that predict future alternatives. Result from Rap-UEK simulation for the composite of five dimensions showed a less sustainable status of 48.97%. Research results showed that there are six dominant or main factors in determining business sustainability of creative economy craftsmen, one place sale, coordination with the government and private sectors, capital source, increase in the product of creative economy business, business field and product development Normal 0 false false false IN X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman

The collaborative Economy and Tourism

DEFF Research Database (Denmark)

Dredge, Dianne; Gyimóthy, Szilvia

2015-01-01

House swapping, ridesharing, voluntourism, couchsurfing, dinner hosting and similar innovations epitomize the collaborative economy. The rise of the collaborative economy, also known as collaborative consumption, the sharing economy and peer-to-peer consumption, has been fuelled by a range of soc...... for a balanced assessment of such claims. Highlighting these claims allows us to pursue a more reflective research agenda and leads to a more informed, evidence-based assessment of the collaborative economy and tourism.......House swapping, ridesharing, voluntourism, couchsurfing, dinner hosting and similar innovations epitomize the collaborative economy. The rise of the collaborative economy, also known as collaborative consumption, the sharing economy and peer-to-peer consumption, has been fuelled by a range...... experiences; and higher levels of consumer risk-taking balanced against mechanisms such as peer-to-peer feedback designed to engender trust between producers and consumers. This paper explores and critically assesses the collaborative economy and its implications for tourism industrial systems. It achieves...

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

Science.gov (United States)

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

1996-01-01

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

Market and state in the vision of constitutional economy

Directory of Open Access Journals (Sweden)

Cristian-Ion Popa

2011-09-01

Full Text Available This study addresses the general problem of the relationship between Market and State from Constitutional Political Economy perspective, a research program that has developed in recent decades within Public Choice Theory as a paradigmatic alternative to Welfare Economics of Keynesian extraction.

Fusion power economy of scale

International Nuclear Information System (INIS)

Dolan, T.J.

1993-01-01

In the next 50 yr, the world will need to develop hundreds of gigawatts of non-fossil-fuel energy sources for production of electricity and fuels. Nuclear fusion can probably provide much of the required energy economically, if large single-unit power plants are acceptable. Large power plants are more common than most people realize: There are already many multiple-unit power plants producing 2 to 5 GW(electric) at a single site. The cost of electricity (COE) from fusion energy is predicted to scale as COE ∼ COE 0 (P/P 0 ) -n , where P is the electrical power, the subscript zero denotes reference values, and the exponent n ∼ 0.36 to 0.7 in various designs. The validity ranges of these scalings are limited and need to be extended by future work. The fusion power economy of scale derives from four interrelated effects: improved operations and maintenance costs; scaling of equipment unit costs; a geometric effect that increases the mass power density; and reduction of the recirculating power fraction. Increased plasma size also relaxes the required confinement parameters: For the same neutron wall loading, larger tokamaks can use lower magnetic fields. Fossil-fuel power plants have a weaker economy of scale than fusion because the fuel costs constitute much of their COE. Solar and wind power plants consist of many small units, so they have little economy of scale. Fission power plants have a strong economy of scale but are unable to exploit it because the maximum unit size is limited by safety concerns. Large, steady-state fusion reactors generating 3 to 6 GW(electric) may be able to produce electricity for 4 to 5 cents/kW·h, which would be competitive with other future energy sources. 38 refs., 6 figs., 6 tabs

Underground economy modelling: simple models with complicated dynamics

OpenAIRE

Albu, Lucian-Liviu

2003-01-01

The paper aims to model the underground economy using two different models: one based on the labor supply method and a generalized model for the allocation of time. The model based on the labor supply method is conceived as a simulating one in order to determine some reasonable thresholds of the underground sector extension based only on the available macroeconomic statistical data. The generalized model for the allocation of time is a model based on direct approach which estimates the underg...

Towards a sustainable bio-based economy: Redirecting primary metabolism to new products with plant synthetic biology.

Science.gov (United States)

Shih, Patrick M

2018-08-01

Humans have domesticated many plant species as indispensable sources of food, materials, and medicines. The dawning era of synthetic biology represents a means to further refine, redesign, and engineer crops to meet various societal and industrial needs. Current and future endeavors will utilize plants as the foundation of a bio-based economy through the photosynthetic production of carbohydrate feedstocks for the microbial fermentation of biofuels and bioproducts, with the end goal of decreasing our dependence on petrochemicals. As our technological capabilities improve, metabolic engineering efforts may expand the utility of plants beyond sugar feedstocks through the direct production of target compounds, including pharmaceuticals, renewable fuels, and commodity chemicals. However, relatively little work has been done to fully realize the potential in redirecting central carbon metabolism in plants for the engineering of novel bioproducts. Although our ability to rationally engineer and manipulate plant metabolism is in its infancy, I highlight some of the opportunities and challenges in applying synthetic biology towards engineering plant primary metabolism. Copyright © 2018 Elsevier B.V. All rights reserved.

DEVELOPMENT OF THE SOCIALLY-ORIENTED ECONOMY IN UKRAINE: PREREQUISITES AND STRATEGIC FORECASTING

Directory of Open Access Journals (Sweden)

Nataliia Kravchuk

2017-11-01

Full Text Available The purpose of this article is to substantiate prerequisites and prospects for the formation and development of the socially-oriented economy in Ukraine. The theoretical and methodological background to the research is system and synergetic scientific approaches, which use in the research of the development of a socially-oriented economy is determined by orientation to basic values and fundamentals of the market economic system and focus on building a democratic society in Ukraine. Scientific results – it is substantiated that in modern conditions of transformational changes, a strategic course of Ukraine is to combine mechanisms of market selfregulation and state regulation, which in its basis is based on principles of socially-oriented economy. Such a model of the economy is focused on a human along with its needs and interests, relations with other members of society during production, distribution, exchange, and consumption. At the same time, social orientation foresees providing high productive economic management that configures private initiative and competition. Results of conducted analysis of analytical indicators of socio-economic development of Ukraine show an urgent necessity and objectivity of forming a socially-oriented economy. It is proved that taking into account increase in openness of the national economy, it is appropriate to consider strict conditions concerning its adequacy to requirements of the current international competition. In this relation, there are analysed vectors of the formation of the socially-oriented economy in Ukraine declared by the Strategy of Sustainable Development “Ukraine – 2020” within which a key reference point is an introduction in the country of European standards of living and its achieving a dominant position in the world. An economic platform of the formation and development of the socially-oriented economy is determined the following: providing economic freedom; availability of

Energy sustainability performance of the regional economy

Directory of Open Access Journals (Sweden)

N. I. Danilov

2005-03-01

Full Text Available The results of the study of the dynamics of energy intensity of gross regional product of the Sverdlovsk region for the period 1996 - 2003 years. and projections for the period up to 2015. The principal possibility of growth performance of the regional economy, without a significant increase in the consumption of primary fuel.

Inflation Targeting, Between Rhetoric and Reality. The Case of Transition Economies

Directory of Open Access Journals (Sweden)

Laurian Lungu

2007-06-01

Full Text Available The paper examines the inflation targeting regime in the context of transition economies. Recent years have witnessed an increasing number of central banks in these countries moving towards the implementation of inflation targeting regimes. However, the success of such a regime depends largely on the degree to which certain general requirements are met. As experience in a number of transition economies has shown so far, targeting inflation is not an easy task. The ongoing restructuring process in these economies makes the inflation forecasting process more difficult and introduces an additional source of uncertainty in the system. By unequivocally choosing inflation as a nominal anchor the central banks could face potential dilemmas if, for example, exchange rate appreciated too much under the pressure of massive capital inflows. The paper presents the broad framework in which inflation targeting could operate efficiently and attempts to assess the extent to which such a regime, when applied to transition economies, could fit into this framework

Structural changes in the Czech, Slovak and euro area economies during the Great Recession

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Tvrz Stanislav

2016-12-01

Full Text Available The goal of this paper is to identify and compare the most important changes in the structure of the Czech economy, as a small open economy with independent monetary policy, the Slovak economy, as a small open economy that entered monetary union, and the economy of the euro area, which has a common monetary policy, during the turbulent period of the Great Recession, the subsequent anaemic recovery and recent disinflationary period. Structural changes are identified with the help of nonlinear dynamic stochastic models of general equilibrium with time-varying parameters. The model parameters are estimated using Bayesian methods and a nonlinear particle filter. The results confirm the similarity of the Czech and Slovak economies and show that in certain respects the structure of the Czech economy might be closer to that of the euro area than that of Slovakia. The time-varying estimates reveal many similarities between the parameter changes in the Czech economy and those in the euro area. In Slovakia, the situation during the Great Recession was dominated by the country’s adoption of the euro, which caused large deviations in its Calvo parameters.

The emergent role of digital technologies in the Circular Economy: A review

DEFF Research Database (Denmark)

Pagoropoulos, Aris; Pigosso, Daniela Cristina Antelmi; McAloone, Tim C.

2017-01-01

Digital technologies have enabled the formulation of multiple Product Service-Systems (PSS) with considerable economic, environmental and societal benefits. One of the most promising paradigms, which is inspired by business models and value propositions that have already been described in the PSS....... The study concludes by identifying research gaps, reflecting on the application of digital technologies in the field of PSS and proposing suggestions for future research....... literature, is the concept of Circular Economy. Circular Economy is characterized as an economy that is restorative and regenerative by design and is attracting significant attention from researchers and policy makers alike. In light of the recent proliferation of digital technologies such as Big Data...... and the Internet of Things, this article attempts to identify how can digital technologies support the transition to Circular Economy. This article conducted a systematic review of the literature based on a review protocol, in an effort to evaluate the application of key digital technologies in Circular Economy...

49 CFR 537.9 - Determination of fuel economy values and average fuel economy.

Science.gov (United States)

2010-10-01

... 49 Transportation 6 2010-10-01 2010-10-01 false Determination of fuel economy values and average fuel economy. 537.9 Section 537.9 Transportation Other Regulations Relating to Transportation (Continued) NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION AUTOMOTIVE FUEL ECONOMY REPORTS § 537.9 Determination of fuel...

Green economy and green jobs; Vihreae talous ja vihreaet tyoet

Energy Technology Data Exchange (ETDEWEB)

Honkasalo, A.

2012-05-15

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

Impact of Unbalanced Development of Economy on Financial Sector Stability

Directory of Open Access Journals (Sweden)

Kozlov Vladislav I.

2013-11-01

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

Cooperativism in the social economy and instrument of citizen participation: the need for insertion in the Ecuadorian banana production

Directory of Open Access Journals (Sweden)

Osvaldo Domínguez Junco

2016-12-01

Full Text Available Ecuadorian cooperative legislation dates from 1937, but it was in the fifties to sixties that took real presence at the national level, with the creation of most of cooperative organizations. The research presented addressed the importance of cooperatives in the social economy, being an instrument of civic participation and an example of teamwork, focusing the study on the need to incorporate the organization in banana production, especially of small and medium producer, being an export line highlighted in the country and especially in the province of El Oro, "called the capital of bananas". A documentary investigation was conducted and the empirical method of interviewing producers was used to understand the vision regarding the effectiveness of the work collective in banana production under the principles of cooperation.

Political economy and population health: is Australia exceptional?

Science.gov (United States)

Boxall, Anne-marie; Short, Stephanie D

2006-06-01

It is accepted knowledge that social and economic conditions--like education and income--affect population health. What remains uncertain is whether the degree of inequality in these conditions influences population health and if so, how. Some researchers who argue that inequalities are important, say there is a relationship between political economy, inequality and population health. Their evidence comes from comparative studies showing that countries with neo-liberal political economies generally have poorer population health outcomes than those with social or Christian democratic political economies. According to these researchers, neo-liberal political economies adopt labour market and welfare state policies that lead to greater levels of inequality and poorer population health outcomes for us all. Australia has experienced considerable social and economic reforms over the last 20 years, with both major political parties increasingly adopting neo-liberal policies. Despite these reforms, population health outcomes are amongst the best in the world. Australia appears to contest theories suggesting a link between political economy and population health. To progress our understanding, researchers need to concentrate on policy areas outside health--such as welfare, economics and industrial relations. We need to do longitudinal studies on how reforms in these areas affect levels of social and economic inequality, as well population health. We need to draw on social scientific methods, especially concerning case selection, to advance our understanding of casual relationships in policy studies. It is important to find out if, and why, Australia has resisted the affects of neo-liberalism on population health so we ensure our high standards are maintained in the future.

The biophysical perspective of a middle income economy. Material flows in Mexico

International Nuclear Information System (INIS)

Gonzalez-Martinez, Ana Citlalic; Schandl, Heinz

2008-01-01

We analyse natural resource use dynamics in the Mexican economy during the last three decades. Despite low and uneven economic growth, the extraction and use of materials in the Mexican economy has continuously increased during the last 30 years. In this period, population growth rather than economic growth was the main driving force for biophysical growth. In addition, fundamental changes have taken place in the primary sectors, in manufacturing, and in household consumption and these are reflected in an increasing emphasis on the use of fossil fuels and construction materials. Mexico's economy has been strongly influenced by international trade since the country commenced competing in international markets. In the 1970s, Mexico mainly exported primary resources. This pattern has changed and manufactured goods now have a much greater importance due to a boom in assembling industries. In contrast with other Latin American countries, Mexico has achieved a diversification of production, moving towards technology-intensive products and a better mix in its export portfolio. However, crude oil exports still represent the single most important export good. Mexico's material consumption is still well below the OECD average but is growing fast and the current resource use patterns may well present serious social and environmental problems to the medium and long-term sustainability of Mexico's economy and community. Information on natural resource use and resource productivity could provide valuable guidance for economic policy planning in Mexico. (author)

Urban economies and occupation space: can they get "there" from "here"?

Science.gov (United States)

Muneepeerakul, Rachata; Lobo, José; Shutters, Shade T; Goméz-Liévano, Andrés; Qubbaj, Murad R

2013-01-01

Much of the socioeconomic life in the United States occurs in its urban areas. While an urban economy is defined to a large extent by its network of occupational specializations, an examination of this important network is absent from the considerable body of work on the determinants of urban economic performance. Here we develop a structure-based analysis addressing how the network of interdependencies among occupational specializations affects the ease with which urban economies can transform themselves. While most occupational specializations exhibit positive relationships between one another, many exhibit negative ones, and the balance between the two partially explains the productivity of an urban economy. The current set of occupational specializations of an urban economy and its location in the occupation space constrain its future development paths. Important tradeoffs exist between different alternatives for altering an occupational specialization pattern, both at a single occupation and an entire occupational portfolio levels.

GENERAL SURGERY

African Journals Online (AJOL)

could cripple the global economy. Greater attention ... Africa and 5.7 general surgeons per 100 000 in the US.12 One of the key ... 100 000 insured population working in the private sector, which is comparable with the United States (US).

The Political Economy of Interlibrary Organizations: Two Case Studies.

Science.gov (United States)

Townley, Charles T.

J. Kenneth Benson's political economy model for interlibrary cooperation identifies linkages and describes interactions between the environment, the interlibrary organization, and member libraries. A tentative general model for interlibrary organizations based on the Benson model was developed, and the fit of this adjusted model to the realities…

Business models of sharing economy companies : exploring features responsible for sharing economy companies’ internationalization

OpenAIRE

Kosintceva, Aleksandra

2016-01-01

This paper is dedicated to the sharing economy business models and their features responsible for internationalization. The study proposes derived definitions for the concepts of “sharing economy” and “business model” and first generic sharing economy business models typology. The typology was created through the qualitative analysis of secondary data on twenty sharing economy companies from nine different industries. The outlined categories of sharing economy business models a...

Microbial biotechnology and circular economy in wastewater treatment.

Science.gov (United States)

Nielsen, Per Halkjaer

2017-09-01

Microbial biotechnology is essential for the development of circular economy in wastewater treatment by integrating energy production and resource recovery into the production of clean water. A comprehensive knowledge about identity, physiology, ecology, and population dynamics of process-critical microorganisms will improve process stability, reduce CO2 footprints, optimize recovery and bioenergy production, and help finding new approaches and solutions. Examples of research needs and perspectives are provided, demonstrating the great importance of microbial biotechnology. © 2017 The Authors. Microbial Biotechnology published by John Wiley & Sons Ltd and Society for Applied Microbiology.

Conditions for greening the Dutch economy; Voorwaarden voor de vergroening van de economie in Nederland

Energy Technology Data Exchange (ETDEWEB)

Hanemaaijer, A.; Manders, T.; Kruitwagen, S.; Dietz, F.

2012-08-15

Greening the economy is considered to be one of the major worldwide challenges of the coming decades. Greening is about limiting the use of natural resources and sparing the environment. By taking into account the limits of the natural capital we can safeguard prosperity in the long term. Greening is important for the Netherlands, too. Using energy, raw materials, land and water more efficiently will make the Dutch economy less vulnerable and the environment cleaner. Focusing on green growth is thus not so much the short-term answer to the present economic crisis but rather a long-term contribution to strengthening the structure of the Dutch economy. This strengthening is not something that will happen of its own accord but requires an active role on the part of the government together with the business sector and the general public. A long-term vision for greening the economy forms an important first step. How to measure progress is another important element in aiming for the goal of green growth. A different set of rules will also be required in order to steer society towards greening. The cost of environmental pollution, for example, should be better reflected in prices. Abolishing subsidies and tax incentives that stand in the way of this greening process is also part of this. Implementing tax proposals of this kind, of course, requires weighing many factors. The government could also create better conditions for the development and application of innovations that spare the environment. This report sets out some of the requirements for greening the Dutch economy and suggests ways in which these could be implemented in some areas. At the same time, the document identifies those areas in need of further investigation to gain a better overview of what 'going for green growth' would mean for the Netherlands and what this requires. [Dutch] Vergroening van de economie wordt wereldwijd gezien als 1 van de grote uitdagingen voor de komende decennia

Reuse of Electronic Equipment and Software Installed on Them ‒ an Exploratory Analysis in the Context of Circular Economy

Directory of Open Access Journals (Sweden)

Cristian Bogdan Onete

2018-05-01

Full Text Available The transition to a circular economy in which the value of products, materials and resources is maintained as long as possible and the waste is minimized, has led to the creation of new business opportunities and new, innovative and efficient production and consumption models. Over the last few years, the principles of the circular economy have been gradually integrated into several sectors, the consumer electronics industry being such an example. The applicability of the circular economy principles in this sector has been presented in the literature, but these approaches have taken into account, in particular, the physical, tangible components of electronic products, focusing on the existing interrelationships between the circular economy and the production and use of electronic devices and equipment. Given that electronic products often incorporate intangible components, namely the software necessary for their operation, we have chosen to address in this paper the problems of the circular economy from this perspective, the purpose of this paper being to emphasize the relation between the use of software products and the principles of circular economy. Thus, the paper presents the main opportunities and challenges that circular economy involves for all stakeholders, namely manufacturers of electronic goods and developers of the related software and their users. In order to determine the way consumers capitalize the possibilities to reuse the software components of IT products they use (computers, tablets, mobile phones, we have undertaken an exploratory research that took place between October and November 2017 on the basis of a structured questionnaire posted online and applied to Romanian young people, the number of respondents being 257. Research has shown the respondents easily adapt to new versions of software when they change their phone or laptop and there is a frequent transfer of equipment without considering the possibilities of reuse

Political economies and environmental futures for the sharing economy.

Science.gov (United States)

Frenken, Koen

2017-06-13

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

Political economies and environmental futures for the sharing economy

Science.gov (United States)

2017-01-01

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

Quantum Mechanics and the Principle of Least Radix Economy

Science.gov (United States)

Garcia-Morales, Vladimir

2015-03-01

A new variational method, the principle of least radix economy, is formulated. The mathematical and physical relevance of the radix economy, also called digit capacity, is established, showing how physical laws can be derived from this concept in a unified way. The principle reinterprets and generalizes the principle of least action yielding two classes of physical solutions: least action paths and quantum wavefunctions. A new physical foundation of the Hilbert space of quantum mechanics is then accomplished and it is used to derive the Schrödinger and Dirac equations and the breaking of the commutativity of spacetime geometry. The formulation provides an explanation of how determinism and random statistical behavior coexist in spacetime and a framework is developed that allows dynamical processes to be formulated in terms of chains of digits. These methods lead to a new (pre-geometrical) foundation for Lorentz transformations and special relativity. The Parker-Rhodes combinatorial hierarchy is encompassed within our approach and this leads to an estimate of the interaction strength of the electromagnetic and gravitational forces that agrees with the experimental values to an error of less than one thousandth. Finally, it is shown how the principle of least-radix economy naturally gives rise to Boltzmann's principle of classical statistical thermodynamics. A new expression for a general (path-dependent) nonequilibrium entropy is proposed satisfying the Second Law of Thermodynamics.

The Political Economy of Land and Natural Resources in Africa

DEFF Research Database (Denmark)

Buur, Lars; Nystrand, Malin; Pedersen, Rasmus Hundsbæk

Large-scale investments in natural resources (extractives as well as agriculture) can help transform African economies by accelerating economic growth, creating jobs and strengthening the links between local economies and the global economy more broadly. However, they often end up violating rights......, which in turn may lead to social protests and political instability. This Working Paper develops an analytical framework for analysing the implementation of large-scale investments in natural resources. It focuses on the triangular relations between investors, local populations and ruling elites....... The framework treats the outcomes of these triangular relationships as involving ‘reciprocal exchange deals’ between investors and local populations, ‘compatible interests’ between ruling elites and investors, and ‘productive social relations’ between local populations and ruling elites. We show that, in order...

The Challenge of the GATS for Transition Economies Seeking to Join the WTO

Directory of Open Access Journals (Sweden)

J. Anthony VanDuzer

2004-02-01

Full Text Available Transition economies seeking to join the World Trade Organization (WTO face a variety of distinctive challenges relating to their prospective obligations under the General Agreement on Trade in Services (GATS. Transition economies are characterized by changing market and industry structures on the one hand, and ongoing reforms to their regulatory structures on the other. Both make it extremely difficult for transition economies to develop a position on what WTO services commitments they should undertake in their national schedules of specific commitments. Accession negotiations are further complicated by the evolving nature of GATS rules themselves and the tough negotiating stance taken by existing Members. Based on evidence from recent accessions, the effective minimum requirements relating to services for transition economies seeking to join the WTO are increasing

Managing Cd Containing Waste—Caught by the Past, the Circular Economy Needs New Answers

Directory of Open Access Journals (Sweden)

Henning Friege

2018-05-01

Full Text Available What is understood by the circular economy concept is the re-use and recycling of used materials and waste. In many used products, hazardous compounds are found or might be present either because of the products’ present intended use or former applications that have been banned in the meantime. Clearly, recycling activities should not endanger man and environment through carryover of contaminants. To learn more about how hazardous chemicals in waste impede the circular economy, it is necessary to investigate the ways in which products containing hazardous compounds have been handled up to now in order to avoid secondary contamination. For this study, cadmium (Cd in NiCd batteries and accumulators and Cd compounds used as stabilisers for PVC profiles were selected as examples. The situation in the European Union was analysed, with a focus on legislation, collection, recycling, disposal and the further fate of “co-recycled” Cd. Insufficient collection rates, partially unsafe disposal and carryover were identified as the main problems. An advanced management strategy for Cd and its compounds is needed in order to mitigate problems in the circular economy. Used products containing hazardous substances ought to be recycled without contaminating the environment or recycled materials. The results suggest that circular economy is faced with different, partially insurmountable challenges.

Against Amateur Economies: Spec Work Competitions and the Anti-spec Movement