Capital structure in LNG infrastructures and gas pipelines projects: Empirical evidences and methodological issues

International Nuclear Information System (INIS)

Pierru, Axel; Roussanaly, Simon; Sabathier, Jérôme

2013-01-01

This paper provides new empirical insights on the capital structure of project-financed LNG infrastructures and gas pipeline projects, by using data relating to projects whose financial close occurred between June 2004 and March 2011. Most results are consistent with the basic view of risk-averse funds suppliers. Especially, the projects located in risky countries and larger projects tend to exhibit lower debt ratios and less-concentrated equity ownerships. In addition, regasification projects appear to have a more diluted equity ownership. Methodological issues raised by the financing of these projects are also examined from a capital-budgeting perspective. In particular, the equity residual method, usually used by industrial practitioners to value these projects, should be adjusted. - Highlights: • This paper provides new empirical insights on the capital structure of project-financed LNG and gas pipeline infrastructures. • Most of our results are consistent with the basic view of risk-averse funds suppliers. • Projects located in risky countries exhibit lower debt ratios and less-concentrated equity ownerships. • Larger projects and regasification projects also have less concentrated equity ownerships. • From a capital-budgeting viewpoint, we examine methodological issues raised by the financing of these projects

Public Capital, Congestion and Private Production in Australia

OpenAIRE

Lei Lei Song

2002-01-01

This paper is an empirical investigation into the impact of public capital on the private sector’s economic activity in Australia. In particular, it is assumed that the contribution of public capital to private factor productivity is subject to congestion. New data sets of capital stocks and private output are constructed for the Australian economy. By estimating flexible functional forms of private sector production functions with congestion in public capital services, the paper shows that p...

Groningen Seaports : An Examination of Public Rail Infrastructure

NARCIS (Netherlands)

Droogendijk, Gert

2010-01-01

This report examines the value of the public rail infrastructure of Groningen Seaports, the port authority of Delfzijl and Eemshaven. There is substantial strategic value of public rail infrastructure due to the public good character, the mission of Groningen Seaports, the image of full port

Capitalism, Socialism and Public Choice

Directory of Open Access Journals (Sweden)

Adrián Osvaldo Ravier

2010-10-01

Full Text Available The essay examines Schumpeter’s understanding of the capitalist process and develops a critical analysis of his explanation of why capitalism cannot survive. Part I deals with how Schumpeter understood capitalism. Part II studies why –- from his point of view — capitalism couldn’t survive. Part III analysis why it is actually socialism, as a socio-political alternative, that is impractical and must collapse from contradictions inherent in it. Part IV presents some final reflections, presenting the public choice and the thought of James M. Buchanan, as an alternative to the pessimist Schumpeterian view.

Do Firms Go Public to Raise Capital?

OpenAIRE

Woojin Kim; Michael Weisbach

2005-01-01

This paper considers the question of whether raising capital is an important reason why firms go public. Using a sample of 16,958 initial public offerings from 38 countries between 1990 and 2003, we consider differences between firms that sell new, primary shares to the public, and existing secondary shares that previously belonged to insiders. Our results suggest that the sale of primary shares is correlated with a number of factors associated with the firm's demand for capital. In particula...

Intellectual Capital and New Public Management: Reintroducing Enterprise

Science.gov (United States)

Mouritsen, Jan; Thorbjornsen, Stefan; Bukh, Per N.; Johansen, Mette R.

2004-01-01

The paper reports on public sector organisations'/institutions' work to develop knowledge management and intellectual capital statements. Building on experiences collected during 2001-2002 where 26 public sector institutions in Denmark sought to develop intellectual capital statements, this paper discusses their experiences and in particular, it…

Capitalism and Public Education in the United States

Science.gov (United States)

Schneller, Peter L.

2017-01-01

The United States democratic system includes characteristics of capitalism as well as socialism. Perhaps the most socialistic endeavor of the US is its K-12 public school system; in fact, US public schools are necessary for democracy to thrive and to create an educated and well-informed populace. However, capitalism and socialism are strange…

Considerations on Optimal Financial Invest ment into Infrastructural Facilities

Institute of Scientific and Technical Information of China (English)

无

2002-01-01

The enlargement of government's investment into infrastructural construction is both a help medicine curing economic contraction and an effective measure to accumulate long-term economic growth.. However, the investment by finance into infrastructure also has a problem of optimization and reasonable selection. In view of market economic requirements, the policy direction of financial investment into infrastructural industries must be doing something at the expense of some other things. In the process of the adjustment and optimization of economic structure, state financial investment into infrastructural facilities has to first of all solve the problem of delimitating the best fields and selecting trades. As to the infrastructure facilities producing and selling pure public products, the development must be made by financial investment;As to the production fields of subpublic products, finance should ensure reasonable investment; As to the infrastructural facilities of pure privite production, finance should completely, in principle, pull out and let market supply. On this basis, selections should be made on best capital soureces and investment ways. The capital sources should be mainly from tax and regulational income and direct investment may be made. As to the production fields of most subpublic production, the best capital sources are national debt income and indirect investment may be made. In addition, the optimization of financial investment into infrastructural facilities must reform the managerial system of infrastructural facilities and raise investment efficiency. Only by scientifically selecting and arranging the financing ways and managerial system in investment fields,can the maximum economic efficiency and social welfare results be realized in carrying out financial investment into infrastructural facilities.

Architectural Building A Public Key Infrastructure Integrated Information Space

Directory of Open Access Journals (Sweden)

Vadim Ivanovich Korolev

2015-10-01

Full Text Available The article keeps under consideration the mattersto apply the cryptographic system having a public key to provide information security and to implya digital signature. It performs the analysis of trust models at the formation of certificates and their use. The article describes the relationships between the trust model and the architecture public key infrastructure. It contains conclusions in respect of the options for building the public key infrastructure for integrated informationspace.

Securing military information systems on public infrastructure

CSIR Research Space (South Africa)

Botha, P

2015-03-01

Full Text Available to set up in time for scenarios which require real time information. This may force communications to utilise public infrastructure. Securing communications for military mobile and Web based systems over public networks poses a greater challenge compared...

Development of a public health nursing data infrastructure.

Science.gov (United States)

Monsen, Karen A; Bekemeier, Betty; P Newhouse, Robin; Scutchfield, F Douglas

2012-01-01

An invited group of national public health nursing (PHN) scholars, practitioners, policymakers, and other stakeholders met in October 2010 identifying a critical need for a national PHN data infrastructure to support PHN research. This article summarizes the strengths, limitations, and gaps specific to PHN data and proposes a research agenda for development of a PHN data infrastructure. Future implications are suggested, such as issues related to the development of the proposed PHN data infrastructure and future research possibilities enabled by the infrastructure. Such a data infrastructure has potential to improve accountability and measurement, to demonstrate the value of PHN services, and to improve population health. © 2012 Wiley Periodicals, Inc.

A Multifunctional Public Lighting Infrastructure, Design and Experimental Test

OpenAIRE

Marco Beccali; Valerio Lo Brano; Marina Bonomolo; Paolo Cicero; Giacomo Corvisieri; Marco Caruso; Francesco Gamberale

2017-01-01

Nowadays, the installation of efficient lighting sources and Information and Communications Technologies can provide economic benefits, energy efficiency, and visual comfort requirements. More advantages can be derived if the public lighting infrastructure integrates a smart grid. This study presents an experimental multifunctional infrastructure for public lighting, installed in Palermo. The system is able to provide smart lighting functions (hotspot Wi-Fi, video-surveillances, car and pedes...

The impact of intellectual capital on performance: Evidence from the public sector

Directory of Open Access Journals (Sweden)

Assaad Farah

2017-06-01

Full Text Available This paper investigates the influence of intellectual capital on organizational performance in the public sector and studies the interconnections between intellectual capital variables within the latter setting. It follows a quantitative research approach where data was collected from 371 employees in a public entity within the Gulf Cooperation Council (GCC region. The findings highlight the importance of human, social and organizational capital in enhancing performance in the studied organization. Furthermore, the results show that the examined forms of capital can be interconnected. These outcomes support the earlier findings on the positive impact of intellectual capital variables on performance and, provide valuable and rather rare insights on the latter interrelationships within the GCC public sector.

77 FR 5750 - Major Capital Investment Projects (NPRM); Public Meetings

Science.gov (United States)

2012-02-06

...-0009] RIN 2132-AB02 Major Capital Investment Projects (NPRM); Public Meetings AGENCY: Federal Transit... Capital Investments program (``New Starts'' and ``Small Starts''). During these sessions, FTA staff will... amend the regulations for Major Capital Investment Projects at 49 CFR 611. The docket for comments on...

Transport Emissions and Energy Consumption Impacts of Private Capital Investment in Public Transport

Directory of Open Access Journals (Sweden)

Yunqiang Xue

2017-10-01

Full Text Available Introducing private capital into the public transport system for its sustainable development has been increasing around the world. However, previous research ignores emissions and energy consumption impacts, which are important for private capital investment policy-making. To address this problem, the system dynamic (SD approach was used to quantitatively analyze the cumulative effects of different private capital investment models in public transport from the environmental perspective. The SD model validity was verified in the case study of Jinan public traffic. Simulation results show that the fuel consumption and emission reductions are obvious when the private capital considering passenger value invests in public transport compared with the no private capital investment and traditional investment models. There are obvious cumulative reductions for fuel consumption, CO2, CO, SO2, and PM10 emissions for 100 months compared with no private capital investment. This research verifies the superiority of the passenger value investment model in public transport from the environmental point of view, and supplies a theoretical tool for administrators to evaluate the private capital investment effects systematically.

Generating social capital through public health leadership training: a six-year assessment.

Science.gov (United States)

Hawley, Suzanne R; St Romain, Theresa; Rempel, Scott L; Orr, Shirley A; Molgaard, Craig A

2012-08-01

Social capital, or a sense of partnership leading to shared goals, provides a means for addressing today's public health workforce challenges. This concept is particularly important in underserved rural areas, though efforts to intentionally generate social capital have been limited. Within the rural state of Kansas, the Kansas Public Health Leadership Institute (KPHLI) has implemented a social capital pre/post assessment to quantify the impact of KPHLI training on social capital within the state's decentralized public health system. This paper discusses 38 assessment items related to bonding, bridging and linking social capital. The assessment was completed pre and post training by 130 of 148 scholars (87.8%) in six KPHLI training cycles. Data were analyzed using Wilcoxon paired t-tests in SPSS. Thirty-five of 38 items demonstrated statistically significant increases at post-test, across all 10 sub-domains. Leadership training by the KPHLI fosters quantifiable increases in characteristics of social capital, which are essential for public health systems to cope with increased workforce demands and prepare for accreditation. This study represents a key first step in examining the deliberate generation of social capital within a decentralized rural environment.

Contemporary forms of international movement of capital

Directory of Open Access Journals (Sweden)

Sanja Šovran

2016-11-01

Full Text Available International movement of capital is one of the most important forms of international economic cooperation and achievement of strategic goals of enterprises. It leads to international diversification of business activities, strengthening of competitive advantage, changes in economic structures, employment rates and economic stability of participating countries. The present research addresses the contemporary forms of international movement of capital, with an emphasis on the public-private partnerships and concessions. The creation of different forms of public-private partnerships (PPPs in Serbia gained in importance in the early ‘90s of the 20th century. PPP implies joint activities within the framework of which the public and private sector pool resources, especially financial capital and expertise in order to meet the public needs of local, regional or national significance for adequate resource allocation. This type of partnership between the public and private sector has become an effective way towards a more rational use of limited resources and development of business entities from different sectors. The partnership of the public and private sector is particularly important in the construction and maintenance of transportation and other infrastructure facilities. Concessions represent a special form of public-private partnerships.

The Brazilian Public Health in Contemporary Capitalism.

Science.gov (United States)

Junqueira, Virgínia; Mendes, Áquilas N

2018-01-01

This article examines some political and economic facts that led to an intensification of austerity measures by the Brazilian government, including ones against the Unified Health System (SUS) and its progressive dismantling. In a country where fundamental human rights were never fully respected, nowadays social and labor rights are under severe attacks. The deepening of the capital crisis and the rise of interest-bearing capital dominance have been causing unemployment, social insecurity growth, and resulting public fund appropriation by the private capital. The Brazilian governments in the 1990s and 2000s have implemented deeper cuts in social policy expenditure, freezing security benefits, privatizing services, and prioritizing the payment of public debt interests. The right wing's project involves the demoralization of not only the Workers' Party but also the left as a whole, so that the adoption of austerity measures could be achieved without popular resistance. It is the duty of the Brazilian left wing to denounce such a project and to provoke firm initiatives to rebuild its bonds with the working class.

Adapting to climate change : the public policy response - public infrastructure

Science.gov (United States)

2009-06-01

This paper assesses the threats and needs that multidimensional climate change imposes for : public infrastructure, reviews the existing adaptive capacity that could be applied to respond : to these threats and needs, and presents options for enhanci...

The Accounting Profession: Serving the Public Interest or Capital Interest?

Directory of Open Access Journals (Sweden)

Mary A Kaidonis

2008-12-01

Full Text Available As an integral facet of society, the accounting profession has a role in the State and thecorporate sector, and is also expected to serve the public interest. The capacity for theAustralian accounting profession to serve the public interest is considered in the context oflegislation and the accounting standard setting process. Specific reference is made to theCLERP Act 1999 and ASIC Act 2001. It is argued that the combined effect of these Acts is tolegislate bias so that accounting standards privilege the specific needs of holders of capital,that is capital interest. The assumption that capital markets are surrogate for the publicinterest is contested. Accordingly, if the accounting profession follows national objectives tosupport capital markets, it may undermine its role in serving society.

[Social capital as a determinant of public health].

Science.gov (United States)

Bravo Vallejos, N D

The concept of Social Capital (SC), originally described by Durkheim (1893), is composed of dimensions related to cohesion and trust between members of a social group, and considered by the Word Health Organization (WHO) as part of the social determinants of public health for the decrease of inequities and inequalities in health provision. To contribute to the dissemination of the concept of SC related to the social determinants of Public Health, in order to offer the reader in-depth content to observe the potential applications and practices in this field. Literature search (Google Academics™, PubMed, Science direct™, Ebsco Host™). A total of 294 full-text publications were obtained, and those selected were the most influential sources on the evolution and application of the concept of Social Capital, socioeconomic development and health in the last decade. Although the current evidence shows that Social Capital is a determinant related to health, standards are still needed for its measurement. This could allow the concept to be measured, and facilitate its integration into the form of actions that exert positive influence and contribute to the implementation of institutional interventions planned for development and public health. Copyright © 2017 SECA. Publicado por Elsevier España, S.L.U. All rights reserved.

Can Sensors Solve the Deterioration Problems of Public Infrastructure?

Science.gov (United States)

Miki, Chitoshi

2014-11-01

Various deteriorations are detected in public infrastructures, such as bridges, viaducts, piers and tunnels and caused fatal accidents in some cases. The possibility of the applications of health monitoring by using sensors is the issues of this lecture. The inspection and diagnosis are essential in the maintenance works which include appropriate rehabilitations and replacements. The introduction of monitoring system may improve accuracy and efficiency of inspection and diagnosis. This seems to be innovation of maintenance, old structures may change smart structures by the installation of nerve network and brain, specifically. Cost- benefit viewpoint is also important point, because of public infrastructures. The modes of deterioration are fatigue, corrosion, and delayed fracture in steel, and carbonization and alkali aggregate reaction in concrete. These are like adult disease in human bodies. The developments of Infrastructures in Japan were concentrated in the 1960th and 1970th. These ages are approaching 50 and deterioration due to aging has been progress gradually. The attacks of earthquakes are also a major issue. Actually, these infrastructures have been supporting economic and social activities in Japan and the deterioration of public infrastructure has become social problems. How to secure the same level of safety and security for all public infrastructures is the challenge we face now. The targets of monitoring are external disturbances such as traffic loads, earthquakes, winds, temperature, responses against external disturbances, and the changes of performances. In the monitoring of infrastructures, 3W1H(WHAT, WHERE, WHEN and HOW) are essential, that is what kind of data are necessary, where sensors place, when data are collected, and how to collect and process data. The required performances of sensors are accuracy, stability for long time. In the case of long term monitoring, the durability of systems needs more than five years, because the interval

Can Sensors Solve the Deterioration Problems of Public Infrastructure?

International Nuclear Information System (INIS)

Miki, Chitoshi

2014-01-01

Various deteriorations are detected in public infrastructures, such as bridges, viaducts, piers and tunnels and caused fatal accidents in some cases. The possibility of the applications of health monitoring by using sensors is the issues of this lecture. The inspection and diagnosis are essential in the maintenance works which include appropriate rehabilitations and replacements. The introduction of monitoring system may improve accuracy and efficiency of inspection and diagnosis. This seems to be innovation of maintenance, old structures may change smart structures by the installation of nerve network and brain, specifically. Cost- benefit viewpoint is also important point, because of public infrastructures. The modes of deterioration are fatigue, corrosion, and delayed fracture in steel, and carbonization and alkali aggregate reaction in concrete. These are like adult disease in human bodies. The developments of Infrastructures in Japan were concentrated in the 1960th and 1970th. These ages are approaching 50 and deterioration due to aging has been progress gradually. The attacks of earthquakes are also a major issue. Actually, these infrastructures have been supporting economic and social activities in Japan and the deterioration of public infrastructure has become social problems. How to secure the same level of safety and security for all public infrastructures is the challenge we face now. The targets of monitoring are external disturbances such as traffic loads, earthquakes, winds, temperature, responses against external disturbances, and the changes of performances. In the monitoring of infrastructures, 3W1H(WHAT, WHERE, WHEN and HOW) are essential, that is what kind of data are necessary, where sensors place, when data are collected, and how to collect and process data. The required performances of sensors are accuracy, stability for long time. In the case of long term monitoring, the durability of systems needs more than five years, because the interval

Procuring complex performance:case: public infrastructure projects

OpenAIRE

Leppänen, T. (Tero)

2015-01-01

Abstract This research studies procuring complex performance (PCP) in the case of public infrastructure projects. Focus of the research is on the interface between public clients and private sector contractors. Purpose of this research is to find out what are the main challenges of different project delivery methods according to literature (RQ1) and what are the practical challenges of public procurement (RQ2). As an end re...

Steering Capital: Optimizing Financial Support for Innovation in Public Education

Science.gov (United States)

Smith, Kim; Petersen, Julie

2011-01-01

This paper revisits the central question of how to improve the provision of capital for entrepreneurial change in public education, but emphasizes the innovation ecosystem that surrounds the capital markets. The authors consider capital as one of the most important levers individuals need to align in this innovation ecosystem, but as a force that…

The role of public communication in decision making for waste management infrastructure.

Science.gov (United States)

Kirkman, Richard; Voulvoulis, Nikolaos

2017-12-01

Modern waste management provision seeks to meet challenging objectives and strategies while reflecting community aspirations and ensuring cost-effective compliance with statutory obligations. Its social acceptability, which affects both what systems (infrastructure) can be put in place and to what extent their implementation will be successful, is a multi-dimensional phenomenon, often not well understood. In light of the growing evidence that decisions to build new infrastructure are often contested by the public, there is a clear need to understand the role of scientific evidence in public perception, particularly as environmental infrastructure delivery is often objected to by the public on environmental grounds. In this paper the need for waste management infrastructure is reviewed, and the way its delivery in the UK has evolved is used as an example of the role of public perception in the planning and delivery of waste facilities. Findings demonstrate the vital role of public communication in waste management infrastructure delivery. Public perception must be taken into account early in the decision making process, with the public informed and engaged from the start. There is a pressing need for people not simply to accept but to understand and appreciate the need for infrastructure, the nature of infrastructure investments and development, the costs and the benefits involved, and the technological aspects. Scientific evidence and literacy have a critical role to play, facilitating public engagement in a process that empowers people, allowing them to define and handle challenges and influence decisions that will impact their lives. Problem ownership, and an increased probability of any solutions proposed being selected and implemented successfully are potential benefits of such approach. Copyright © 2016 Elsevier Ltd. All rights reserved.

Public key infrastructure for DOE security research

Energy Technology Data Exchange (ETDEWEB)

Aiken, R.; Foster, I.; Johnston, W.E. [and others

1997-06-01

This document summarizes the Department of Energy`s Second Joint Energy Research/Defence Programs Security Research Workshop. The workshop, built on the results of the first Joint Workshop which reviewed security requirements represented in a range of mission-critical ER and DP applications, discussed commonalties and differences in ER/DP requirements and approaches, and identified an integrated common set of security research priorities. One significant conclusion of the first workshop was that progress in a broad spectrum of DOE-relevant security problems and applications could best be addressed through public-key cryptography based systems, and therefore depended upon the existence of a robust, broadly deployed public-key infrastructure. Hence, public-key infrastructure ({open_quotes}PKI{close_quotes}) was adopted as a primary focus for the second workshop. The Second Joint Workshop covered a range of DOE security research and deployment efforts, as well as summaries of the state of the art in various areas relating to public-key technologies. Key findings were that a broad range of DOE applications can benefit from security architectures and technologies built on a robust, flexible, widely deployed public-key infrastructure; that there exists a collection of specific requirements for missing or undeveloped PKI functionality, together with a preliminary assessment of how these requirements can be met; that, while commercial developments can be expected to provide many relevant security technologies, there are important capabilities that commercial developments will not address, due to the unique scale, performance, diversity, distributed nature, and sensitivity of DOE applications; that DOE should encourage and support research activities intended to increase understanding of security technology requirements, and to develop critical components not forthcoming from other sources in a timely manner.

Corporate governance, intellectual capital and performance: Evidence from the public sector in the GCC

Directory of Open Access Journals (Sweden)

Udo Braendle

2017-09-01

Full Text Available This unique study tries to link corporate governance, intellectual capital and organizational performance in the public sector in the Gulf Cooperation Council (GCC. To do so we collected data from 371 managers in public entities within the GCC region. Our findings indicate the importance of corporate governance (in form of human, social and structural capital to enhance performance in the public sector. Not only have those, results showed that the examined forms of capital are interrelated. We therefore support earlier findings that attribute impact of intellectual capital variables on performance. These results are highly relevant within the context of the GCC public sector. The findings of the papers help both, scholars and practitioners: the findings of the paper help to better understand the links between corporate governance and intellectual capital. Further, the study provides – based on GCC public sector data - the unique opportunity to see the interrelationships between corporate governance, intellectual capital and performance within the GCC public sector

A Multifunctional Public Lighting Infrastructure, Design and Experimental Test

Directory of Open Access Journals (Sweden)

Marco Beccali

2017-12-01

Full Text Available Nowadays, the installation of efficient lighting sources and Information and Communications Technologies can provide economic benefits, energy efficiency, and visual comfort requirements. More advantages can be derived if the public lighting infrastructure integrates a smart grid. This study presents an experimental multifunctional infrastructure for public lighting, installed in Palermo. The system is able to provide smart lighting functions (hotspot Wi-Fi, video-surveillances, car and pedestrian access control, car parking monitoring and support for environmental monitoring. A remote control and monitoring platform called “Centro Servizi” processes the information coming from different installations as well as their status in real time, and sends commands to the devices (e.g. to control the luminous flux, each one provided with a machine to machine interface. Data can be reported either on the web or on a customised app. The study has shown the efficient operation of such new infrastructure and its capability to provide new functions and benefits to citizens, tourists, and public administration. Thus, this system represents a starting point for the implementation of many other lighting infrastructure features typical of a “smart city.”

Cooperation, social capital and economic performance

Directory of Open Access Journals (Sweden)

Marcos Fernandes Gonçalves da Silva

2006-09-01

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

Public Infrastructure in China : Explaining Growth and Spatial Inequality

NARCIS (Netherlands)

Yu, N.

2016-01-01

Public infrastructure is often mentioned as a key to promoting economic growth and development. This belief has been supported by the observation of rich countries, such as the U.S., Japan and those in Western Europe, where plenty of infrastructures developed during times of rapid economic growth.

Economic assessment of strategies to deploy publicly accessible charging infrastructure

OpenAIRE

Madina, Carlos; Barlag, Heike; Coppola, Giovanni; Gómez-Arriola, Inés; Rodríguez-Sánchez, Raúl; Zabala, Eduardo

2015-01-01

From the end user perspective, the main barriers for widespread electric vehicle (EV) adoption are high purchase cost and range anxiety, both regarding battery capacity and availability of accessible EV charging infrastructure. Governments and public bodies in general are taking steps towards overcoming these barriers by, among others, setting up regulatory requirements regarding standardisation, customer information and recommending objectives of publicly accessible charging infrastructure. ...

PUBLIC AND PRIVATE PARTENERSHIP IN INFRASTRUCTURE DEVELOPMENT: ESSENCE, EXPERIENCE, PROBLEMS

Directory of Open Access Journals (Sweden)

Alexander E. Lantsov

2014-01-01

Full Text Available Infrastructure is of high importance for human society, so the state pay great attention to it. Characteristics inherent to infrastructure, its development, maintenance and consumption don’t always explain only the state involvement in the sector.The article considers preconditions and basis of private sector involvement in the process of infrastructure supply, experience of different countries, public and private sectors relationships in the matter and private sector effectiveness in infrastructure supply.

The impact of intellectual capital on performance: Evidence from the public sector

OpenAIRE

Assaad Farah; Shadi Abouzeid

2017-01-01

This paper investigates the influence of intellectual capital on organizational performance in the public sector and studies the interconnections between intellectual capital variables within the latter setting. It follows a quantitative research approach where data was collected from 371 employees in a public entity within the Gulf Cooperation Council (GCC) region. The findings highlight the importance of human, social and organizational capital in enhancing performance in the studied organi...

Intellectual Capital Disclosure at Czech Public Universities in Relation to the Stakeholder Information Need

Directory of Open Access Journals (Sweden)

Kateřina Kuralová

2016-01-01

Full Text Available The purpose of this paper is to examine the extent and quality of intellectual capital disclosure at Czech public universities in relation to information need of identified stakeholders – students. This research is based on the theoretical framework for voluntary intellectual capital disclosure, the proposed intellectual capital disclosure index, the identification of stakeholders including their information need as well as the content analysis of the universities’ annual reports has been applied. The quality of disclosed information on intangible resources in public universities in the Czech Republic is in the middle level. In the highest quality is disclosed relational capital, followed by structural and human capital. Information need of students is highest for information falling under the relational capital followed by structural capital and human capital. This study opens new approach regarding intellectual capital disclosure including suggested recommendations for Czech public universities, as there was no research related to the issue conducted in the past.

The private initiative in public infrastructure and public utilities concessions

Directory of Open Access Journals (Sweden)

Juan Carlos Expósito Vélez

2010-06-01

Full Text Available Given the renewed and growing importance of the initiative of the private sector in developing public infrastructure and public utilities, especially as a consequence of the incentives created by the law, this study intends to address the various aspects of the new legal framework for the formation of concession contracts as a result of a particular initiative or idea and not as a product of the needs defined by the Administration, with a particular emphasis on the requirements for the formation of public works concessions, but without forgetting how the mechanism of private initiative applies to public utilities when they require a concession contract to be provided.

Public Tourism Infrastructure: Challenges in the Development and Maintenance Activities

Directory of Open Access Journals (Sweden)

Abdullah Shardy

2014-01-01

Full Text Available In Malaysia, the tourism sector is a major contributor to the nation’s development and is spearheaded by the government’s efforts in investing heavily towards providing sufficient and well-functioning public tourism infrastructure. This infrastructure should be ideally developed with a clear and systematic maintenance plan in hand. The challenge herein is not merely providing the necessary infrastructure to sustain tourism activities but rather a pro-active approach towards establishing and subsequently maintaining this infrastructure at its optimal level. The aim of this paper therefore is to identify critical aspects that need to be in place to further enhance the Malaysian tourism industry. The paper discusses the issues and challenges that need to be addressed as a precursor towards an effectively developed and maintained tourism infrastructure system. Development issues that have been identified revolve around the dimensions of quality, quantity and ability of the public agencies involved, particularly issues of inadequate infrastructure, quality of infrastructure and the capability of the agencies in undertaking efficient maintenance activities. These issues were found to lead towards challenges of working with resource constraints, lack of an effective maintenance culture and system as well as the need for clear and effective policies and strategies.

IPSAS versus National Norms on Public Institutions' Own Capitals

OpenAIRE

Ecobici, Nicolae

2008-01-01

In this paper I have compared international standards on accounting for the public sector and those required by national norms on public institutions' own capitals, pointing out both convergences and divergences. Last, but not the least, I have compared IPSAS 1 (applied by public institutions) with IAS 1 (applied by commercial companies).

Social capital and health: implications for public health and epidemiology.

Science.gov (United States)

Lomas, J

1998-11-01

Public health and its "basic science", epidemiology, have become colonised by the individualistic ethic of medicine and economics. Despite a history in public health dating back to John Snow that underlined the importance of social systems for health, an imbalance has developed in the attention given to generating "social capital" compared to such things as modification of individual's risk factors. In an illustrative analysis comparing the potential of six progressively less individualised and more community-focused interventions to prevent deaths from heart disease, social support and measures to increase social cohesion faired well against more individual medical care approaches. In the face of such evidence public health professionals and epidemiologists have an ethical and strategic decision concerning the relative effort they give to increasing social cohesion in communities vs expanding access for individuals to traditional public health programs. Practitioners' relative efforts will be influenced by the kind of research that is being produced by epidemiologists and by the political climate of acceptability for voluntary individual "treatment" approaches vs universal policies to build "social capital". For epidemiologists to further our emerging understanding of the link between social capital and health they must confront issues in measurement, study design and analysis. For public health advocates to sensitise the political environment to the potential dividend from building social capital, they must confront the values that focus on individual-level causal models rather than models of social structure (dis)integration. The evolution of explanations for inequalities in health is used to illustrate the nature of the change in values.

76 FR 48807 - Public Key Infrastructure (PKI) Certificate Action Form

Science.gov (United States)

2011-08-09

... Infrastructure (PKI) technology to support electronic commerce between the USPTO and its customers. PKI is a set... security for its electronic commerce systems, the USPTO uses PKI technology to protect the integrity and... DEPARTMENT OF COMMERCE United States Patent and Trademark Office Public Key Infrastructure (PKI...

Corporate governance, intellectual capital and performance: Evidence from the public sector in the GCC

OpenAIRE

Udo Braendle; Assaad Farah; Patrick Balian

2017-01-01

This unique study tries to link corporate governance, intellectual capital and organizational performance in the public sector in the Gulf Cooperation Council (GCC). To do so we collected data from 371 managers in public entities within the GCC region. Our findings indicate the importance of corporate governance (in form of human, social and structural capital) to enhance performance in the public sector. Not only have those, results showed that the examined forms of capital are interrelated....

Social capital in Japan: What characteristics do public health nurses see in their communities?

Science.gov (United States)

Honda, Hikaru; Kawaharada, Mariko; Shindo, Yukari; Tanaka, Rie; Nakajima, Ayaka; Nimura, Yuki

2018-04-01

A concept of social capital that accounts for a community's cultural background and incorporates social capital into public health nursing practice are needed. This study aimed to describe the characteristics of social capital in the context of public health nursing in Japan. The study interviewed 11 veteran public health nurses from five municipalities across Japan and undertook a qualitative research analysis. A digital voice recorder was used to collect qualitative data by using a background data sheet and semistructured interviews. Trustworthiness in interpreting the data was ensured by conducting 13 additional interviews with residents and collating the two sets of results. All the participants were female: 10 were veterans with ≥15 years' experience. Nine worked in management. The methods yielded six categories: (i) the richness of the interactions among the residents; (ii) the community residents who showed concern for those in need; (iii) community civic activities; (iv) the residents' willingness to contribute to the community; (v) the health promotion volunteers who work alongside the public health nurses; and (vi) an enriched community environment. The results contribute to an understanding of social capital in the context of public health nursing activities and further research on social capital. It also is discussed how social capital can be incorporated into public health nursing activities in the future. © 2017 Japan Academy of Nursing Science.

Governo eletrônico e capital intelectual nas organizações públicas Electronic government and human capital in public organizations

Directory of Open Access Journals (Sweden)

Luiz Antonio Joia

2009-12-01

Full Text Available Este artigo mostra a variação de capital intelectual em organizações públicas envolvidas em empreendimentos government-to-government (G2G. Para tanto, um frame heurístico foi desenvolvido a fim de avaliar o impacto de projetos G2G nos componentes do capital intelectual de agências públicas, isto é, em seus capitais humano, organizacional, de relacionamento e de inovação. Aplicando-se esse frame heurístico a 30 empreendimentos G2G no Brasil, ligando o Banco Central com os tribunais de justiça, detectou-se um impacto positivo no capital intelectual das organizações envolvidas nesses empreendimentos. Além disso, verificou-se que tais empreendimentos G2G influenciaram os componentes do capital intelectual de forma homogênea. A partir daí, o frame foi validado por meio de uma elevada e positiva correlação entre a variação do capital intelectual nas organizações públicas e a percepção de valor dos funcionários envolvidos nesses mesmos empreendimentos. Finalmente, adicionalmente às limitações da pesquisa, algumas conclusões são apresentadas a gestores públicos, practitioners e acadêmicos, para que seja entendido o potencial de uso da teoria do capital intelectual para avaliação de iniciativas de governo eletrônicoThis article shows the intellectual capital variation in public organizations involved in government-to-government (G2G enterprises. A heuristic frame was developed to measure the impact of G2G projects on the intellectual capital components of public agencies, i.e., on their human, organizational, relational and innovative capitals. This heuristic frame was applied to 30 G2G enterprises in Brazil connecting the Central Bank to the courts of justice and revealed a positive impact on the intellectual capital of the organizations involved. Furthermore, these G2G enterprises influenced the intellectual capital components uniformly. Then the frame was validated by means of a high and positive correlation

Infrastructure procurement skills gap amongst procurement personnel in Nigeria’s public sector

OpenAIRE

Mahamadu, A.-M. ed; Manu, P.; Booth, C.; Olomolaiye, P.; Coker, A.; Ibrahim, A. ed; Lamond, J.

2018-01-01

Purpose - Procurement of public infrastructure that is fit for purpose partly depends on the competencies of procurement personnel. In many developing countries in Sub-Saharan Africa, including Nigeria, there is a deficit in the quantity and quality of infrastructure and their procurement is further riddled with deficiencies in the capacity of public procuring entities. It is, however, unclear from the extant literature, what are the critical skills development needs of public personnel invol...

Public Participation Procedure in Integrated Transport and Green Infrastructure Planning

Science.gov (United States)

Finka, Maroš; Ondrejička, Vladimír; Jamečný, Ľubomír; Husár, Milan

2017-10-01

The dialogue among the decision makers and stakeholders is a crucial part of any decision-making processes, particularly in case of integrated transportation planning and planning of green infrastructure where a multitude of actors is present. Although the theory of public participation is well-developed after several decades of research, there is still a lack of practical guidelines due to the specificity of public participation challenges. The paper presents a model of public participation for integrated transport and green infrastructure planning for international project TRANSGREEN covering the area of five European countries - Slovakia, Czech Republic, Austria, Hungary and Romania. The challenge of the project is to coordinate the efforts of public actors and NGOs in international environment in oftentimes precarious projects of transport infrastructure building and developing of green infrastructure. The project aims at developing and environmentally-friendly and safe international transport network. The proposed public participation procedure consists of five main steps - spread of information (passive), collection of information (consultation), intermediate discussion, engagement and partnership (empowerment). The initial spread of information is a process of communicating with the stakeholders, informing and educating them and it is based on their willingness to be informed. The methods used in this stage are public displays, newsletters or press releases. The second step of consultation is based on transacting the opinions of stakeholders to the decision makers. Pools, surveys, public hearings or written responses are examples of the multitude of ways to achieve this objective and the main principle of openness of stakeholders. The third step is intermediate discussion where all sides of are invited to a dialogue using the tools such as public meetings, workshops or urban walks. The fourth step is an engagement based on humble negotiation, arbitration and

Simple Public Key Infrastructure Protocol Analysis and Design

National Research Council Canada - National Science Library

Vidergar, Alexander G

2005-01-01

...). This thesis aims at proving the applicability of the Simple Public Key Infrastructure (SPKI) as a means of PKC. The strand space approach of Guttman and Thayer is used to provide an appropriate model for analysis...

The Mediating Effect of Social Capital on the Relationship Between Public Health Managers' Transformational Leadership and Public Health Nurses' Organizational Empowerment in Korea Public Health.

Science.gov (United States)

Jun, Soo Young

2017-12-01

This study was to verify the effect of public health nurse's (PHN's) social capital on the relationship between public health manager's (PHM's) transformational leadership and PHN's organizational empowerment in Korea public health. This was a cross-sectional descriptive study involving 303 PHNs from public health centers in Daegu and Gyeongsangbuk-do cities in South Korea. Data were collected from February 29, 2016 to April 8, 2016, using structured questionnaires which included general characteristics, transformational leadership, organizational empowerment, and social capital. Data were analyzed using descriptive statistics, correlations, and structural equation model. PHM's transformational leadership has a positive effect on PHN's social capital and PHN's organizational empowerment. Social capital had a mediating effect between transformational leadership and organizational empowerment in PHNs. This study suggests that PHM's transformational leadership is a contributing factor to improve PHN's organizational empowerment, and transformational leadership can lead to improve PHN's organizational empowerment through PHN's social capital. So, an intervention program to promote organizational empowerment should include strategies to enhance PHM's transformational leadership as well as to improve PHN's social capital. Copyright © 2017. Published by Elsevier B.V.

Beyond public acceptance of energy infrastructure: How citizens make sense and form reactions by enacting networks of entities in infrastructure development

International Nuclear Information System (INIS)

Aaen, Sara Bjørn; Kerndrup, Søren; Lyhne, Ivar

2016-01-01

This article adds to the growing insight into public acceptance by presenting a novel approach to how citizens make sense of new energy infrastructure. We claim that to understand public acceptance, we need to go beyond the current thinking of citizens framed as passive respondents to proposed projects, and instead view infrastructure projects as enacted by citizens in their local settings. We propose a combination of sensemaking theory and actor–network theory that allows insight into how citizens enact entities from experiences and surroundings in order to create meaning and form a reaction to new infrastructure projects. Empirically, we analyze how four citizens make sense of an electricity cable project through a conversation process with a representative from the infrastructure developer. Interestingly, the formal participation process and the materiality of the cable play minor roles in citizens' sensemaking process. We conclude that insight into the way citizens are making sense of energy infrastructure processes can improve and help to overcome shortcomings in the current thinking about public acceptance and public participation. - Highlights: •Attention to citizens' sensemaking enables greater insight into the decision-making process. •A combination of sensemaking and actor-network theory (ANT) is relevant for studies of public acceptance. •Sensemaking explains why citizens facing similar situations act differently. •Complexity of citizens' sensemaking challenges the predictability of processes.

77 FR 13619 - Notice of Proposed Information for Public Comment for: Public Housing Capital Fund Program

Science.gov (United States)

2012-03-07

... that are not subject to Independent Public Accountant (IPA) audit requirements. Agency form numbers, if... Information for Public Comment for: Public Housing Capital Fund Program AGENCY: Office of the Assistant Secretary for Public and Indian Housing, HUD. ACTION: Notice. SUMMARY: The proposed information collection...

Safeguarding public values in gas infrastructure expansion. A comparison of two investment projects

International Nuclear Information System (INIS)

De Joode, J.

2007-02-01

The realisation of new gas infrastructure projects affects overall gas market performance with respect to the public values of affordability and security of supply. However, the actual contribution of a gas infrastructure expansion project to system affordability and security of supply depends upon the institutional design of the market (legislation, regulatory codes and arrangements, market rules, etc.). In this paper we link the institutional design applicable to two specific gas infrastructure projects with the safeguarding of the aforementioned public values. We conclude that path dependencies can cause large differences in the contribution of the projects to the safeguarding of public values

Public Capital and Regional Economic Growth: a SVAR Approach for the Spanish Regions

Directory of Open Access Journals (Sweden)

Geoffrey J. D. Hewings

2011-01-01

Full Text Available Recently, a significant share of the empirical analysis on the impact of public capital on regional growth has used multivariate time-series frameworks based on vector autoregressive (VAR models. Nevertheless, not as much attention has been dedicated to the analysis of the long-run determinants of regional growth processes using multi-region panel data and applying panel integration and co-integration techniques. This paper estimates the dynamic domestic effects of public infrastructure using a structural vector autoregressive (S-VAR methodology for the Spanish regions. From a methodological point of view, the paper contains several features that can be viewed as a contribution to the existing empirical literature. First, the important issues of the stationarity of the data and the existence and estimation of cointegrating relationships in the long-run are addressed in the context of the analysis of panel data. Secondly, the long-run cointegrating production function is embedded within structural vector error correction (S-VEC shortrun models to produce consistent estimates of impulse responses, contrary to many researchers who have estimated unrestricted VAR models in levels or VAR models in first differences. The estimates reveal new results with respect to the previous empirical evidence.

PUBLIC-PRIVATE PARTNERSHIP AS EFFECTIVE MECHANISM OF SPORTS INFRASTRUCTURE

Directory of Open Access Journals (Sweden)

D. P. Moskvin

2012-01-01

Full Text Available The article discusses the current state of sports infrastructure in Russia and also explores the experience of using public-private partnership at Olympic facilities construction in Sochi.

Benefits to Minnesotans of communications infrastructure public-private partnership

Science.gov (United States)

1997-06-01

This paper presents a summary of the benefits of a communications infrastructure public-private partnership between the Minnesota Department of Transportation and the team of International Communications Systems (ICS) and Stone & Webster.

Public Infrastructure Investment, Output Dynamics, and Balanced Budget Fiscal Rules

NARCIS (Netherlands)

Duarte Bom, P.R.; Ligthart, J.E.

2011-01-01

We study the dynamic output and welfare effects of public infrastructure investment under a balanced budget fiscal rule, using an overlapping generations model of a small open economy. The government finances public investment by employing distortionary labor taxes. We find a negative short-run

Health-Based Capitation Risk Adjustment in Minnesota Public Health Care Programs

Science.gov (United States)

Gifford, Gregory A.; Edwards, Kevan R.; Knutson, David J.

2004-01-01

This article documents the history and implementation of health-based capitation risk adjustment in Minnesota public health care programs, and identifies key implementation issues. Capitation payments in these programs are risk adjusted using an historical, health plan risk score, based on concurrent risk assessment. Phased implementation of capitation risk adjustment for these programs began January 1, 2000. Minnesota's experience with capitation risk adjustment suggests that: (1) implementation can accelerate encounter data submission, (2) administrative decisions made during implementation can create issues that impact payment model performance, and (3) changes in diagnosis data management during implementation may require changes to the payment model. PMID:25372356

Public Infrastructure and Regional growth: Evidence from Turkey

NARCIS (Netherlands)

Elburz, Z.; Nijkamp, P.; Pels, A.J.H.

2017-01-01

The aim of this study is to examine the effects of public transportation infrastructure investments on regional economic growth in Turkish NUTS 2 regions between 2004 and 2011. To offer an advanced statistical analysis, we employ an augmented production function model for measuring the effects of

Social Capital and Public Participation on Planning in Coastal Area Development

Science.gov (United States)

Prayitno, Gunawan; Syaifurridzal, M.

2017-07-01

Indonesia is one country to the world that rich with natural resources, especially on marine and coastal resources. But, the condition of rural inhabitants in coastal area still low in economic condition and public facilities and others not suitable for good living environment. The goal of this paper is to integrate the concept of social capital and public participation in the community activities. Social capital, which is interpreted with the term of the trust, networks and norm as governing human behavior is significant to motivate and coordinate collective action towards collaboration. Collective action or collaboration among people in the communities could solve the problem together. In the Grootaert research, with the title “Social Capital, Household Welfare and Poverty in Indonesia” (1999) found that active participation in decision making and memberships in heterogeneous organizations further reduce the likelihood to be poor. In this research, we found the same from Grootaert finding, that social capital (trust) has positive impact to community activities (path point 0.56) in this research location.

Procurement of complex performance in public infrastructure: a process perspective

OpenAIRE

Hartmann, Andreas; Roehrich, Jens; Davies, Andrew; Frederiksen, Lars; Davies, J.; Harrington, T.; Kirkwood, D.; Holweg, M.

2011-01-01

The paper analyzes the process of transitioning from procuring single products and services to procuring complex performance in public infrastructure. The aim is to examine the change in the interactions between buyer and supplier, the emergence of value co-creation and the capability development during the transition process. Based on a multiple, longitudinal case study the paper proposes three generic transition stages towards increased performance and infrastructural complexity. These stag...

The power of symbolic capital in patient and public involvement in health research.

Science.gov (United States)

Locock, Louise; Boylan, Anne-Marie; Snow, Rosamund; Staniszewska, Sophie

2017-10-01

Policy-makers and health research funders increasingly require researchers to demonstrate that they have involved patients in the design and conduct of research. However, the extent to which patients and public have the power to get involved on an equal footing is dependent on their economic, cultural, social and symbolic capital. To explore power relations in patient and public involvement (PPI) in research, particularly how patients may wield symbolic capital to develop a more equal relationship. Narrative interviews with a maximum variation sample of 38 people involved as patients, carers or public in health research, analysed thematically. Symbolic capital may be demonstrated in a range of ways (sometimes alongside or in the absence of other forms of capital): illness experience, technical illness knowledge and the challenging outsider. Symbolic capital is unstable and dependent on others for recognition and legitimacy. Nonetheless, participants identify a gradual shift in power relations over time. Research into PPI has been conceptually and theoretically poor, limiting our understanding of its mechanisms and wider contextual elements. Our findings demonstrate the importance of reflecting on the forms of power and capital wielded by the health research community, and of acknowledging the way in which PPI is challenging the status quo. As one of the first papers to conceptualize how different forms of symbolic capital operate and their critical role in challenging the balance of power, our findings may help researchers better plan their PPI activities and reflect on their own power. © 2016 The Authors. Health Expectations Published by John Wiley & Sons Ltd.

Framework for Human Capital Development in Nigeria: A Public-Private Partnership Approach.

OpenAIRE

Akande, Emmanuel

2010-01-01

This paper investigates the framework for human capital development in Nigeria through a public-private partnership (PPP) approach. No doubt, population of a country determines the subsisted human capital resources and this in turn determines the economic status of such country. Therefore, human capital development becomes a mantra for economic development. Unfortunately, government spending on education and health is so negligible as to make any meaningful impact on Nigerian economy. It is...

Financing U.S. Renewable Energy Projects Through Public Capital Vehicles: Qualitative and Quantitative Benefits

Energy Technology Data Exchange (ETDEWEB)

Mendelsohn, M.; Feldman, D.

2013-04-01

This paper explores the possibility of financing renewable energy projects through raising capital in the public markets. It gives an overview of the size, structure, and benefits of public capital markets, as well as showing how renewable energy projects might take advantage of this source of new funds to lower the cost of electricity.

Infrastructure: concept, types and value

Directory of Open Access Journals (Sweden)

Alexander E. Lantsov

2013-01-01

Full Text Available Researches of influence of infrastructure on the economic growth and development of the countries gained currency. However the majority of authors drop the problem of definition of accurate concept of studied object and its criteria out. In the given article various approaches in the definition of «infrastructure» concept, criterion and the characteristics of infrastructure distinguishing it from other capital assets are presented. Such types of infrastructure, as personal, institutional, material, production, social, etc. are considered. Author’s definition of infrastructure is given.

Decision-Aiding Evaluation of Public Infrastructure for Electric Vehicles in Cities and Resorts of Lithuania

Directory of Open Access Journals (Sweden)

Vytautas Palevičius

2018-03-01

Full Text Available In the National Communication Development of 2014–2022 Program and Guidelines of the Development of the Public Electric Vehicle Charging Infrastructure confirmed by the Government of the Republic of Lithuania, it is planned that, until the year of 2025, among newly registered vehicles, electric ones should make at least 10%. Analysis of the trend of electric vehicles makes evident that the target does not have a real chance to be achieved without targeted efforts. In order to improve the infrastructure of electric vehicles in major cities and resorts of Lithuania, we have carried out a comparative analysis of public infrastructure for electric vehicles in 18 Lithuanian cities and resorts. For the quantitative analysis, we proposed eight criteria describing such an infrastructure. As perception of the infrastructure by owners of electric cars depends on complex factors, we used multiple criteria evaluation methods (MCDM for evaluation of the current state of its development by four such methods: EDAS, SAW, TOPSIS, and PROMETHEE II. Based on the evaluation results, prominent and lagging factors were understood, and proposals for effective development of public infrastructure of electric vehicles were proposed for improvement of the infrastructure.

Quantifying the conservation gains from shared access to linear infrastructure.

Science.gov (United States)

Runge, Claire A; Tulloch, Ayesha I T; Gordon, Ascelin; Rhodes, Jonathan R

2017-12-01

The proliferation of linear infrastructure such as roads and railways is a major global driver of cumulative biodiversity loss. One strategy for reducing habitat loss associated with development is to encourage linear infrastructure providers and users to share infrastructure networks. We quantified the reductions in biodiversity impact and capital costs under linear infrastructure sharing of a range of potential mine to port transportation links for 47 mine locations operated by 28 separate companies in the Upper Spencer Gulf Region of South Australia. We mapped transport links based on least-cost pathways for different levels of linear-infrastructure sharing and used expert-elicited impacts of linear infrastructure to estimate the consequences for biodiversity. Capital costs were calculated based on estimates of construction costs, compensation payments, and transaction costs. We evaluated proposed mine-port links by comparing biodiversity impacts and capital costs across 3 scenarios: an independent scenario, where no infrastructure is shared; a restricted-access scenario, where the largest mining companies share infrastructure but exclude smaller mining companies from sharing; and a shared scenario where all mining companies share linear infrastructure. Fully shared development of linear infrastructure reduced overall biodiversity impacts by 76% and reduced capital costs by 64% compared with the independent scenario. However, there was considerable variation among companies. Our restricted-access scenario showed only modest biodiversity benefits relative to the independent scenario, indicating that reductions are likely to be limited if the dominant mining companies restrict access to infrastructure, which often occurs without policies that promote sharing of infrastructure. Our research helps illuminate the circumstances under which infrastructure sharing can minimize the biodiversity impacts of development. © 2017 The Authors. Conservation Biology published

Commercial Consolidation Model Applied to Transport Infrastructure

Energy Technology Data Exchange (ETDEWEB)

Guilherme de Aragão, J.J.; Santos Fontes Pereira, L. dos; Yamashita, Y.

2016-07-01

Since the 1990s, transport concessions, including public-private partnerships (PPPs), have been increasingly adopted by governments as an alternative for financing and operations in public investments, especially in transport infrastructure. The advantage pointed out by proponents of these models lies in merging the expertise and capital of the private sector to the public interest. Several arrangements are possible and have been employed in different cases. After the duration of the first PPP contracts in transportation, many authors have analyzed the success and failure factors of partnerships. The occurrence of failures in some stages of the process can greatly encumber the public administration, incurring losses to the fiscal responsibility of the competent bodies. This article aims to propose a new commercial consolidation model applied to transport infrastructure to ensure fiscal sustainability and overcome the weaknesses of current models. Initially, a systematic review of the literature covering studies on transport concessions between 1990 and 2015 is offered, where the different approaches between various countries are compared and the critical success factors indicated in the studies are identified. In the subsequent part of the paper, an approach for the commercial consolidation of the infrastructure concessions is presented, where the concessionary is paid following a finalistic performance model, which includes the overall fiscal balance of regional growth. Finally, the papers analyses the usefulness of the model in coping with the critical success factors explained before. (Author)

Bank regulatory Capital Buffer and Liquidity: Evidence from US and European Publicly Traded Banks

OpenAIRE

Distinguin , Isabelle; Roulet , Caroline; Tarazi , Amine

2012-01-01

The theory of financial intermediation highlights various channels through which capital and liquidity are interrelated. Using a simultaneous equations framework, we investigate the relationship between bank regulatory capital buffer and liquidity for European and U.S. publicly traded commercial banks. Previous research studying the determinants of bank capital buffer has neglected the role of liquidity. On the whole, we find that banks do not strengthen their regulatory capital buffer when t...

Transnational Academic Capitalism in the Arab Gulf: Balancing Global and Local, and Public and Private, Capitals

Science.gov (United States)

Findlow, Sally; Hayes, Aneta L.

2016-01-01

This article contributes to the emerging theoretical construct of what has been called "transnational academic capitalism", characterised by the blurring of traditional boundaries between public, private, local, regional and international, and between market-driven and critically transformative higher education visions. Here we examine…

Integrated technique of planning the capital repair of residential buildings and objects of transport infrastructure

Science.gov (United States)

Dement'eva, Marina

2017-10-01

The paper presents the results of a comparative analysis of two fundamentally different methods for planning capital repairs of objects of transport infrastructure and residential development. The first method was based on perspective long-term plans. Normative service life were the basis for planning the periodicity of repairs. The second method was based on the performance of repairs in fact of the onset of the malfunction. Problems of financing repair work, of the uneven aging of constructs and engineering systems, different wear mechanism in different conditions of exploitation, absence of methods of planning repairs of administrative and production buildings (depots, stations, etc.) justify the need to optimize methods of planning the repair and the relevance of this paper. The aim of the study was to develop the main provisions of an integrated technique for planning the capital repair of buildings of any functional purpose, which combines the advantages of each of the discussed planning methods. For this purpose, the consequences of technical and economic risk were analyzed of the buildings, including stations, depots, transport transfer hubs, administrative buildings, etc when choosing different planning methods. One of the significant results of the study is the possibility of justifying the optimal period of capital repairs on the basis of the proposed technical and economic criteria. The adjustment of the planned repair schedule is carried out taking into account the reliability and cost-effectiveness of the exploitation process.

Effectiveness of infrastructure asset management: challenges for public agencies

NARCIS (Netherlands)

Schraven, Daan; Hartmann, Andreas; Dewulf, Geert P.M.R.

2011-01-01

Purpose: The aim of this research is to better understand the decisions in infrastructure asset management at public agencies and the challenges of these agencies to improve the effectiveness of their decision making. Design/methodology/approach: Based on a literature review on asset management at

The Public Collaboration Lab—Infrastructuring Redundancy with Communities-in-Place

Directory of Open Access Journals (Sweden)

Adam Thorpe

Full Text Available In this article we share an example of challenge-driven learning in design education and consider the contribution of such approaches to the weaving of communities-in-place. We describe the research and practice of the Public Collaboration Lab (PCL, a prototype public social innovation lab developed and tested via a collaborative action research partnership between a London borough council and an art and design university. We make the case that this collaboration is an effective means of bringing capacity in design to public service innovation, granting the redundancy of resources necessary for the experimentation, reflection, and learning that leads to innovation—particularly at a time of financial austerity. We summarize three collaborative design experiments delivered by local government officers working with student designers and residents supported by design researchers and tutors. We identify particular qualities of participatory and collaborative design that foster the construction of meaningful connections among participants in the design process—connections that have the potential to catalyze or strengthen the relationships, experiences, and understandings that contribute to enrich communities-in-place, and infrastructure community resilience in the process. Keywords: Participatory design, Public social innovation, Redundancy, Infrastructuring, Local government

Public Opinions and Use of Various Types of Recreational Infrastructure in Boreal Forest Settings

Directory of Open Access Journals (Sweden)

Vegard Gundersen

2016-05-01

Full Text Available We have investigated public preferences for use intensity and visual quality of forest recreational infrastructure. Forest infrastructure covers five classes, along a continuum from unmarked paths to paved walkways. Altogether, 39 sites were categorized into the five classes and measured with automatic counters. A sample of 545 respondents living in southeastern and middle Norway were asked to rate 15 forest scenes and 35 preconceptions of recreational settings. The path scenarios were depicted as digitally calibrated photos that systematically displayed physical path feature in boreal, semi-natural settings. Survey participants showed a clearly greater preference for photos and preconceptions of forests settings containing minor elements of forest infrastructure; unmarked paths received the highest score and forest roads/walkways/bikeways the lowest. We identified a clear mismatch between public preferences for forest infrastructure and the intensity of use; the less appreciated infrastructure was the most used. Planning and management has to consider these different needs for recreational infrastructure, and we propose an area zoning system that meets the different segments of forest visitors.

Forms of international movement of capital with special emphasis on the PPP and concessions

Directory of Open Access Journals (Sweden)

Šovran Sanja

2016-01-01

Full Text Available The state has always cooperated with the private sector in order to implement various activities in the best interest of public. The first models of public-private partnerships (PPP appeared at the time of the Roman Empire in the context of public works in construction of public baths, markets and ports. Contemporary international movement of capital is a phenomenon that has existed for over a century. When discussing the PPP in modern day terms, the expansion of private involvement in the public sector starts in the 1970s and the 1980s of the previous century, in public infrastructure projects and in most developed economies. The primary purpose of these arrangements is to reduce expenditures in state budgets, but also to achieve faster and better execution of work, reduce risk and efficiently manage the projects. This paper will briefly present the evolution of PPPs and concessions, with an emphasis on understanding money and capital throughout the evolution of PPP, contemporary forms of movement of capital, as well as equity in terms of globalization. The subject of this paper are also examples of the important PPPs and concessions from the construction of the Suez Canal until today.

Public-Private Partnership and Infrastructural Development in Nigerian Universities

Science.gov (United States)

Oduwaiye, R. O.; Sofoluwe, A. O.; Bello, T. O.; Durosaro, I. A.

2014-01-01

This study investigated the degree to which Public-Private Partnership (PPP) services are related to infrastructural development in Nigerian Universities. The research design used was descriptive survey method. The population for the study encompassed all the 20 universities in South-west Nigeria. Stratified random sampling was used to select 12…

Rising Inequality and Intergenerational Mobility: The Role of Public Investments in Human Capital.

Science.gov (United States)

Aizer, Anna

2014-06-01

One consequence of the rise in inequality witnessed over the past 40 years is its potentially negative impact on intergenerational mobility if parents at the bottom of the income distribution invest significantly less in their children's human capital. I consider whether public investments in children can potentially offset the inequality of private investments. Specifically, examining changes in public spending in 25 Organization for Economic Co-operation and Development countries over the period 2000-2009, I find that increases in spending on health are most strongly associated with reductions in the importance of family background and declines in inequality in the production of child human capital as measured by the Program for International Student Assessment test scores among 15-year-olds. Public spending on family support, housing, and education are also moderately related. In contrast, increased spending on the elderly is associated with increases in the importance of parental background and inequality of child test scores. These results suggest that public investments in child human capital have the potential to offset the potentially negative impact of increasing income inequality on intergenerational mobility and inequality of the next generation. Further research firmly establishing a causal relationship is needed.

Rising Inequality and Intergenerational Mobility: The Role of Public Investments in Human Capital

Science.gov (United States)

Aizer, Anna

2014-01-01

One consequence of the rise in inequality witnessed over the past 40 years is its potentially negative impact on intergenerational mobility if parents at the bottom of the income distribution invest significantly less in their children's human capital. I consider whether public investments in children can potentially offset the inequality of private investments. Specifically, examining changes in public spending in 25 Organization for Economic Co-operation and Development countries over the period 2000–2009, I find that increases in spending on health are most strongly associated with reductions in the importance of family background and declines in inequality in the production of child human capital as measured by the Program for International Student Assessment test scores among 15-year-olds. Public spending on family support, housing, and education are also moderately related. In contrast, increased spending on the elderly is associated with increases in the importance of parental background and inequality of child test scores. These results suggest that public investments in child human capital have the potential to offset the potentially negative impact of increasing income inequality on intergenerational mobility and inequality of the next generation. Further research firmly establishing a causal relationship is needed. PMID:25419203

Sustainability as the key to prioritize investments in public infrastructures

International Nuclear Information System (INIS)

Pardo-Bosch, Francesc; Aguado, Antonio

2016-01-01

Infrastructure construction, one of the biggest driving forces of the economy nowadays, requires a huge analysis and clear transparency to decide what projects have to be executed with the few resources available. With the aim to provide the public administrations a tool with which they can make their decisions easier, the Sustainability Index of Infrastructure Projects (SIIP) has been defined, with a multi-criteria decision system called MIVES, in order to classify non-uniform investments. This index evaluates, in two inseparable stages, the contribution to the sustainable development of each infrastructure project, analyzing its social, environmental and economic impact. The result of the SIIP allows to decide the order with which projects will be prioritized. The case of study developed proves the adaptability and utility of this tool for the ordinary budget management.

Sustainability as the key to prioritize investments in public infrastructures

Energy Technology Data Exchange (ETDEWEB)

Pardo-Bosch, Francesc, E-mail: francesc.pardo@upc.edu [Departament d' Enginyeria Civil i Ambiental, Universitat Politècnica de Catalunya - Barcelona Tech. (Spain); Political Science Department, University of California - Berkeley (United States); Aguado, Antonio, E-mail: antonio.aguado@upc.edu [Departament d' Enginyeria Civil i Ambiental, Universitat Politècnica de Catalunya - Barcelona Tech. (Spain)

2016-09-15

Infrastructure construction, one of the biggest driving forces of the economy nowadays, requires a huge analysis and clear transparency to decide what projects have to be executed with the few resources available. With the aim to provide the public administrations a tool with which they can make their decisions easier, the Sustainability Index of Infrastructure Projects (SIIP) has been defined, with a multi-criteria decision system called MIVES, in order to classify non-uniform investments. This index evaluates, in two inseparable stages, the contribution to the sustainable development of each infrastructure project, analyzing its social, environmental and economic impact. The result of the SIIP allows to decide the order with which projects will be prioritized. The case of study developed proves the adaptability and utility of this tool for the ordinary budget management.

Government budget, public-sector wages and capital taxes in a small open economy

DEFF Research Database (Denmark)

Chao, C.C.; Yu, E. S. H.; Yu, Wusheng

This paper examines the welfare implications of adjustments in public-sector wages and capital tax rates for a small open economy in a general equilibrium setting. The individually and jointly optimal wage and tax policies are derived and interpreted. Facing reductions in land sales and falls...... in foreign interest rates, a cut in public workers’ pay is needed for making their wage comparable to the private sector and a hike in capital taxes is recommended for a budgetary consideration. Using a computable general equilibrium model for Hong Kong, we numerically evaluate the various optimal policies...

Pricing initial public offerings in premature capital markets : the case of Hungary

NARCIS (Netherlands)

Schindele, I.; Perotti, E.C.

2002-01-01

This paper investigates the determinants of underpricing at initial public offerings in theHungarian Initial Public Offerings (IPO) market in 1990-1998, a period of transition from socialist to market economy and immaturity of the domestic capital market. The evidence suggests that political issues

Homeland Security -- Reducing the Vulnerability of Public and Private Information Infrastructures to Terrorism: An Overview

National Research Council Canada - National Science Library

Seifert, Jeffrey W

2002-01-01

This report assesses the impact of the September 11, 2001 attacks on public and private information infrastructures in the context of critical infrastructure protection, continuity of operations (COOP...

Public Private Partnerships: A possible alternative for delivery of infrastructure projects in Africa

Directory of Open Access Journals (Sweden)

Salim Bwanali

2017-12-01

Full Text Available It is estimated that Africa needs $93 billion annually until 2020 in order to bridge its infrastructure deficit. It is through significant investment in infrastructure development that economic growth and poverty alleviation can be enhanced. However central to all construction projects is an effective and sustainable procurement system. There is a notable shift by some African governments to turn to the private sector to design, build, finance and operate infrastructure facilities previously provided by the public sector in the form of Public Private Partnerships (PPP’s. As an innovative financing model, PPPs present an opportunity to governments to improve service delivery. Accordingly, this paper focuses on assessing international best practices as to how some developing nations tap into the resources of the private sector in implementing their infrastructure projects. The study is a result of critical review, synthesis and contextualization of relevant academic literature, conference and journal publications. A thorough document review method was employed to assess how some developing countries have institutionalized PPP as part of their development strategy. The paper will be of significant value to senior government officials as understanding the concept and dynamics of PPP will result in accelerated and effective service delivery.

Ownership and Determinants Capital Structure of Public Listed Companies in Indonesia: a Panel Data Analysis

Directory of Open Access Journals (Sweden)

Arief Tri Hardiyanto

2013-04-01

Full Text Available Capital structure is a mix of debts and equities used by a company to finance its investment. Debt offers benefit of tax shield from interest expenses that can be deducted in calculating company income tax. Unfortunately, company can not use debts in unlimited amount because it will lead to risk of bankcrupt. Therefore, company needs to establish a target (unobserved capital structure which will optimize the value of the firm. The purpose of this study is to investigate the determinant of capital structure and ownership in public listed companies in Indonesia Stock Exchange using Time-Series Cross-Section Regression (TSCSREG and supported with a balanced panel data. Data used are financial statements of 228 public listed companies from group of eight industry sectors. Research finding confirms that tax shield and fixed financial burden are significantly influence the capital structure and state ownership also significantly influence the capital structure of the state owned enterprises.

Ownership and Determinants Capital Structure of Public Listed Companies in Indonesia: a Panel Data Analysis

Directory of Open Access Journals (Sweden)

Arief Tri Hardiyanto

2013-04-01

Full Text Available Capital structure is a mix of debts and equities used by a company to finance its investment. Debt offers benefit of tax shield from interest expenses that can be deducted in calculating company income tax. Unfortunately, company can not use debts in unlimited amount because it will lead to risk of bankcrupt. Therefore, company needs to establish a target (unobserved capital structure which will optimize the value of the firm. The purpose of this study is to investigate the determinant of capital structure and ownership in public listed companies in Indonesia Stock Exchange using Time-Series CrossSection Regression (TSCSREG and supported with a balanced panel data. Data used are financial statements of 228 public listed companies from group of eight industry sectors. Research finding confirms that tax shield and fixed financial burden are significantly influence the capital structure and state ownership also significantly influence the capital structure of the state owned enterprises.

Chain-computerisation for interorganisational public policy implementation : A new approach to developing non-intrusive information infrastructures that improve public policy implementation

NARCIS (Netherlands)

Grijpink, J.H.A.M.

1999-01-01

In two articles the author presents some key elements from his recently completed thesis about functional, non-intrusive information infrastructures for interorganisational public policy implementation. The development of these information infrastructures requires a new approach,

Alternative for the recovery of public space through green infrastructures in Tunja, Colombia

Directory of Open Access Journals (Sweden)

Laura Estefanía Quintero González

2017-12-01

Full Text Available The current global demographic explosion has impacted in an excessive growth of cities, with urban areas invading key environmental places and with it, reducing the possibility of keeping good public spaces. Tunja is one of the growing cities of Colombia and its central zone needs an alternative of recovery and generation of public green spaces to avoid densification. The research proposes: firstly, to determine the availability of existing public space in the urban area of Tunja through a characterization and availability diagnosis; and, secondly, to formulate specific types of green infrastructure. By considering the regular state conditions of the existing public space network and the inequality in the spatial connectivity of the places within the system, a proposal of types of vegetated infrastructures is given to improve both existing and potentially places.

Private Sector Investment in Pakistani Agriculture: The Role of Infrastructural Investment

Science.gov (United States)

1999-01-01

private sector will be expected to play the major role in providing capital to the agricultural sector, with the government’s remaining involvement being largely one of furnishing basic infrastructure. The critical question of course is how willing is the private sector to commit capital to agricultural activities in this new policy environment? Has the private sector responded in the past to the increases in profitability provided by an expansion in infrastructure? If so, what types of infrastructure are most conducive in

Public policy for start-up entrepreneurship with venture capital and bank finance

DEFF Research Database (Denmark)

Keuschnigg, Christian; Nielsen, Søren Bo

2003-01-01

This paper proposes and analyses a model of start-up investment. Innovative entrepreneursare commercially inexperienced and can benefit from venture capital support. Only part ofthem succeed in matching with a venture capitalist while the rest must resort to standard bankfinance. We consider a nu...... a number of policies to promote entrepreneurship and venture capitalbacked innovation.JEL Classification: D82, G24, G28, H24.Keywords: venture capital bank finance, matching, moral hazard, public policy....

Private Capital, Public Goods: Forest Plantations' Investment in Local Infrastructure and Social Services in Rural Tanzania

NARCIS (Netherlands)

Degnet, M.B.; Werf, van der E.; Ingram, V.J.; Wesseler, Justus

2017-01-01

With the rapid expansion of private forest plantations worldwide, their impacts on local development are under scrutiny by NGOs and researchers alike. This study investigates the impacts of private forest plantations on local infrastructure and social services in rural Tanzania. We take a

On the Impact of using Public Network Communication Infrastructure for Voltage Control Coordination in Smart Grid Scenario

DEFF Research Database (Denmark)

Shahid, Kamal; Petersen, Lennart; Iov, Florin

2017-01-01

voltage controlled distribution system. A cost effective way to connect the ReGen plants to the control center is to consider the existing public network infrastructure. This paper, therefore, illustrates the impact of using the existing public network communication infrastructure for online voltage...

Sovereign cat bonds and infrastructure project financing.

Science.gov (United States)

Croson, David; Richter, Andreas

2003-06-01

We examine the opportunities for using catastrophe-linked securities (or equivalent forms of nondebt contingent capital) to reduce the total costs of funding infrastructure projects in emerging economies. Our objective is to elaborate on methods to reduce the necessity for unanticipated (emergency) project funding immediately after a natural disaster. We also place the existing explanations of sovereign-level contingent capital into a catastrophic risk management framework. In doing so, we address the following questions. (1) Why might catastrophe-linked securities be useful to a sovereign nation, over and above their usefulness for insurers and reinsurers? (2) Why are such financial instruments ideally suited for protecting infrastructure projects in emerging economies, under third-party sponsorship, from low-probability, high-consequence events that occur as a result of natural disasters? (3) How can the willingness to pay of a sovereign government in an emerging economy (or its external project sponsor), who values timely completion of infrastructure projects, for such instruments be calculated? To supplement our treatment of these questions, we use a multilayer spreadsheet-based model (in Microsoft Excel format) to calculate the overall cost reductions possible through the judicious use of catastrophe-based financial tools. We also report on numerical comparative statics on the value of contingent-capital financing to avoid project disruption based on varying costs of capital, probability and consequences of disasters, the feasibility of strategies for mid-stage project abandonment, and the timing of capital commitments to the infrastructure investment. We use these results to identify high-priority applications of catastrophe-linked securities so that maximal protection can be realized if the total number of catastrophe instruments is initially limited. The article concludes with potential extensions to our model and opportunities for future research.

AGING WATER INFRASTRUCTURE RESEARCH PROGRAM: ADDRESSING THE CHALLENGE THROUGH INNOVATION

Science.gov (United States)

A driving force behind the Sustainable Water Infrastructure (SI) initiative and the Aging Water Infrastructure (AWI) research program is the Clean Water and Drinking Water Infrastructure Gap Analysis. In this report, EPA estimated that if operation, maintenance, and capital inves...

The Impact of Public Capital Investments on the Revenue Growth of Medium Enterprise in Indonesia

OpenAIRE

Tirtosuharto, Darius

2012-01-01

Public capital investment represents the role of state and local governments in supporting greater capacity of private enterprises to gain success in a market economy measured by revenue growth. Medium enterprises are considered as the catalysts for economic growth and competitiveness particularly in developing countries due to efficiency and flexibility in an adverse economic environment. Using aggregate data of 30 states (provinces) in Indonesia from 1997-2002, the impact of public capital ...

Practical Implementation of Various Public Key Infrastructure Models

Directory of Open Access Journals (Sweden)

Dmitriy Anatolievich Melnikov

2016-03-01

Full Text Available The paper proposes a short comparative analysis of the contemporary models of public key infrastructure (PKI and the issues of the PKI models real implementation. The Russian model of PKI is presented. Differences between the North American and West Europe models of PKI and Russian model of PKI are described. The problems of creation and main directions of further development and improvement of the Russian PKI and its integration into the global trust environment are defined.

The impact on social capital of mobility disability and weight status: the Stockholm Public Health Cohort.

Science.gov (United States)

Norrbäck, Mattias; de Munter, Jeroen; Tynelius, Per; Ahlström, Gerd; Rasmussen, Finn

2015-04-01

People with mobility disability are more often overweight or obese and have lower social capital than people without mobility disability. It is unclear whether having a combination of mobility disability and overweight or obesity furthers negative development of social capital over time. To explore whether there were differences in social capital between normal-weight, overweight and obese people with or without mobility disability over a period of 8 years. We included 14,481 individuals (18-64 at baseline) from the Stockholm Public Health Cohort that started in 2002. Mobility disability, weight status, and social capital (structural: social activities, voting; cognitive: trust in authorities, and trust in people) were identified from self-reports. Risk ratios with 95% confidence intervals were estimated in multivariate longitudinal regression analyses. We found no significant differences in social activities and voting between the groups over time. However, when compared with the reference group, the groups with mobility disability had less trust in authorities and public institutions over time. Notably, obese people with mobility disability showed the largest decrease in trust in the police (RR = 2.29; 1.50-3.50), the parliament (RR = 2.00; 1.31-3.05), and local politicians (RR = 2.52; 1.61-3.94). People with mobility disability experience lower cognitive social capital over time than people without mobility disability. Being burdened by both mobility disability and obesity may be worse in terms of social capital than having just one of the conditions, especially regarding cognitive social capital. This finding is of public health importance, since social capital is related to health. Copyright © 2015 Elsevier Inc. All rights reserved.

Librarianship and Public Culture in the Age of Information Capitalism.

Science.gov (United States)

Blanke, Henry T.

1996-01-01

Contends that an entrepreneurial model of librarianship contradicts traditional ideals of free and equal access to information and argues that such a model threatens the future of the library as a vital public sphere of democratic culture. Discusses broad trends of advanced capitalism to provide a context for the critical interpretation of issues…

Bundling the procurement of sports infrastructure projects : How neither public nor private actors really benefit

NARCIS (Netherlands)

van den Hurk, M.

2016-01-01

Public-private partnerships for infrastructure development are often conceived as puzzling governance tools. A peculiar case in Belgium has been the procurement of multiple similar projects to single private sector partners who design, build, finance and maintain infrastructure for a fixed

Evidence on the relation between public capital and Government efficiency

OpenAIRE

Francisca Guedes de Oliveira

2010-01-01

This paper intends to contribute to the literature by providing empirical evidence on the relation between public capital stock and government efficiency. We present some objective indicators fo government efficiency and explore the mentioned relation. we find a positive and significant relation between both variables that survives the introduction of controls and robustness checking.

Assessment of online public opinions on large infrastructure projects: A case study of the Three Gorges Project in China

International Nuclear Information System (INIS)

Jiang, Hanchen; Qiang, Maoshan; Lin, Peng

2016-01-01

Public opinion becomes increasingly salient in the ex post evaluation stage of large infrastructure projects which have significant impacts to the environment and the society. However, traditional survey methods are inefficient in collection and assessment of the public opinion due to its large quantity and diversity. Recently, Social media platforms provide a rich data source for monitoring and assessing the public opinion on controversial infrastructure projects. This paper proposes an assessment framework to transform unstructured online public opinions on large infrastructure projects into sentimental and topical indicators for enhancing practices of ex post evaluation and public participation. The framework uses web crawlers to collect online comments related to a large infrastructure project and employs two natural language processing technologies, including sentiment analysis and topic modeling, with spatio-temporal analysis, to transform these comments into indicators for assessing online public opinion on the project. Based on the framework, we investigate the online public opinion of the Three Gorges Project on China's largest microblogging site, namely, Weibo. Assessment results present spatial-temporal distributions of post intensity and sentiment polarity, reveals major topics with different sentiments and summarizes managerial implications, for ex post evaluation of the world's largest hydropower project. The proposed assessment framework is expected to be widely applied as a methodological strategy to assess public opinion in the ex post evaluation stage of large infrastructure projects. - Highlights: • We developed a framework to assess online public opinion on large infrastructure projects with environmental impacts. • Indicators were built to assess post intensity, sentiment polarity and major topics of the public opinion. • We took the Three Gorges Project (TGP) as an example to demonstrate the effectiveness proposed framework. �

Assessment of online public opinions on large infrastructure projects: A case study of the Three Gorges Project in China

Energy Technology Data Exchange (ETDEWEB)

Jiang, Hanchen, E-mail: jhc13@mails.tsinghua.edu.cn; Qiang, Maoshan, E-mail: qiangms@tsinghua.edu.cn; Lin, Peng, E-mail: celinpe@mail.tsinghua.edu.cn

2016-11-15

Public opinion becomes increasingly salient in the ex post evaluation stage of large infrastructure projects which have significant impacts to the environment and the society. However, traditional survey methods are inefficient in collection and assessment of the public opinion due to its large quantity and diversity. Recently, Social media platforms provide a rich data source for monitoring and assessing the public opinion on controversial infrastructure projects. This paper proposes an assessment framework to transform unstructured online public opinions on large infrastructure projects into sentimental and topical indicators for enhancing practices of ex post evaluation and public participation. The framework uses web crawlers to collect online comments related to a large infrastructure project and employs two natural language processing technologies, including sentiment analysis and topic modeling, with spatio-temporal analysis, to transform these comments into indicators for assessing online public opinion on the project. Based on the framework, we investigate the online public opinion of the Three Gorges Project on China's largest microblogging site, namely, Weibo. Assessment results present spatial-temporal distributions of post intensity and sentiment polarity, reveals major topics with different sentiments and summarizes managerial implications, for ex post evaluation of the world's largest hydropower project. The proposed assessment framework is expected to be widely applied as a methodological strategy to assess public opinion in the ex post evaluation stage of large infrastructure projects. - Highlights: • We developed a framework to assess online public opinion on large infrastructure projects with environmental impacts. • Indicators were built to assess post intensity, sentiment polarity and major topics of the public opinion. • We took the Three Gorges Project (TGP) as an example to demonstrate the effectiveness proposed framework. �

Effective public resource allocation to escape lock-in: the case of infrastructure-dependent vehicle technologies

NARCIS (Netherlands)

Vooren, A. van der; Alkemade, F.; Hekkert, M.P.

2012-01-01

A multi-stage technological substitution model of infrastructure-dependent vehicle technologies is developed. This is used to examine how the allocation of public, financial resources to RD&D support and infrastructure development affects the replacement of a locked-in vehicle technology by more

Student's Work: Social Capital in the Czech Republic and Public Policy Implications

Directory of Open Access Journals (Sweden)

Michal Vodrážka

2009-06-01

Full Text Available Social capital in Eastern Europe has received a fair amount of scholarly attention in recent years, including in the Czech Republic. This paper examines the stock of macro-level social capital in the Czech Republic in comparative European perspective. The notions of “missing” social capital and corruption as negative social capital are explored. The corruption situation in the Czech Republic and the progress in curbing it that was made in the last decade are evaluated. Regressions run with data from the World Value Survey and the Corruption Perception Index show that economic growth does not translate into correspondingly lower levels of corruption in the Czech case. State bureaucracy is identified as a possible reason for the failure to curb corruption successfully. Public policy recommendations and their usefulness for the Czech Republic are debated and a civil service reform is proposed as the most appropriate policy for addressing the situation.

Toekomstvaste fysieke toegangsystemen : Public Key Infrastructure als oplossing voor fysiek toegangbeheer

NARCIS (Netherlands)

Kleinhuis, G.; Olk, J.G.E.

2011-01-01

Voor fysieke toegangssystemen wordt veelal gebruik gemaakt van toegangspassen met een contactlose chip. Soms zijn deze passen ook nog voorzien van een PKI (Public Key Infrastructure) contactchip voor toegang tot ICT en/of het plaatsen van een digitale handtekening. Ook voor fysieke toegang bied PKI

Development of Optimization method about Capital Structure and Senior-Sub Structure by considering Project-Risk

Science.gov (United States)

Kawamoto, Shigeru; Ikeda, Yuichi; Fukui, Chihiro; Tateshita, Fumihiko

Private finance initiative is a business scheme that materializes social infrastructure and public services by utilizing private-sector resources. In this paper we propose a new method to optimize capital structure, which is the ratio of capital to debt, and senior-sub structure, which is the ratio of senior loan to subordinated loan, for private finance initiative. We make the quantitative analysis of a private finance initiative's project using the proposed method. We analyze trade-off structure between risk and return in the project, and optimize capital structure and senior-sub structure. The method we propose helps to improve financial stability of the project, and to make a fund raising plan that is expected to be reasonable for project sponsor and moneylender.

Work engagement and psychological capital in the Italian public administration: A new resource-based intervention programme

Directory of Open Access Journals (Sweden)

Arianna Costantini

2017-08-01

Full Text Available Orientation: Organisations need energetic and dedicated employees to enhance the quality of their services and products continuously. According to the Conservation of Resources Theory, it is possible to increase work engagement of employees by improving their personal resources. Research purpose: The main aim of this study was to examine the extent to which an improvement in psychological capital, as a personal resource, might enhance work engagement of employees in the public sector. Motivation for the study: This study was developed to investigate how and to what extent interventions aiming at fostering higher work engagement through the enhancement of psychological capital were certainly effective. Research design, approach and method: To improve psychological capital, a new resource-based intervention programme (FAMILY intervention was developed and applied, in which six dimensions – namely framing, attitudes, meaningfulness, identity, leading self and yoked together – were improved. A semi-experimental research design (pre-test and post-test was used to conduct this study. Participants were 54 employees working in an Italian public health administration. In the pre-test and post-test stages, data were collected by using the psychological capital and work engagement scales. Main findings: Results showed that there is a positive relationship between psychological capital and work engagement in the pre-test and post-test stages, considered separately. In addition, comparing pre-test and post-test results revealed that the intervention programme significantly improved both psychological capital and work engagement. This shows that an improvement in psychological capital is consistent with an increase in work engagement. Conclusion: Together, these findings prove that psychological capital can be considered as a set of personal resources which lead to increased work engagement. Contribution/value-add: This study bridged the gap found in the

Tennessee Public Infrastructure Needs Inventory Assessment for FY 1998. A Commission Report to the 101st General Assembly.

Science.gov (United States)

Green, Harry A.; Norman, John F, .; McClure, C. Bennett, II

This report represents the first effort by any public or private agency or organization to provide a comprehensive assessment of Tennessee's public infrastructure needs. Hundreds of local government officials and private citizens contributed information to this research. The main participants in the infrastructure inventory were the local…

Corporate Governance and Intellectual Capital: Evidence from Public and Private Universities

Science.gov (United States)

Wahid, Akma Hidayu Dol Abdu; Abu, Nor Asyiqin; Latif, Wannoraini Abdul; Smith, Malcolm

2013-01-01

This study was conducted to examine the perception of academics towards intellectual capital (IC) and governance practice at two Malaysian universities: University A (a Public University) and University B (a Private University). It also examines the factors which contribute to the retention of qualified academics and the relationship between…

Hospital Adoption of Health Information Technology to Support Public Health Infrastructure.

Science.gov (United States)

Walker, Daniel M; Diana, Mark L

2016-01-01

Health information technology (IT) has the potential to improve the nation's public health infrastructure. In support of this belief, meaningful use incentives include criteria for hospitals to electronically report to immunization registries, as well as to public health agencies for reportable laboratory results and syndromic surveillance. Electronic reporting can facilitate faster and more appropriate public health response. However, it remains unclear the extent that hospitals have adopted IT for public health efforts. To examine hospital adoption of IT for public health and to compare hospitals capable of using and not using public health IT. Cross-sectional design with data from the 2012 American Hospital Association annual survey matched with data from the 2013 American Hospital Association Information Technology Supplement. Multivariate logistic regression was used to compare hospital characteristics. Inverse probability weights were applied to adjust for selection bias because of survey nonresponse. All acute care general hospitals in the United States that matched across the surveys and had complete data available were included in the analytic sample. Three separate outcome measures were used: whether the hospital could electronically report to immunization registries, whether the hospital could send electronic laboratory results, and whether the hospital can participate in syndromic surveillance. A total of 2841 hospitals met the inclusion criteria. Weighted results show that of these hospitals, 62.7% can electronically submit to immunization registries, 56.6% can electronically report laboratory results, and 54.4% can electronically report syndromic surveillance. Adjusted and weighted results from the multivariate analyses show that small, rural hospitals and hospitals without electronic health record systems lag in the adoption of public health IT capabilities. While a majority of hospitals are using public health IT, the infrastructure still has

The EU Capital Markets Union and Financial Stability

Directory of Open Access Journals (Sweden)

Kravchuk Igor S.

2017-06-01

Full Text Available The aim of the article is to study the processes of formation of the EU Capital Markets Union in the context of their influence on stability of the markets and the financial system as a whole. In the course of analyzing the project for the building of a single capital market with respect to financial stability, there determined its positive aspects as well as threats and challenges associated with simplification of information requirements to the prospectus of public offering of securities, low liquidity and higher volatility of the equity markets of small and medium-sized businesses, reduction of the regulatory requirements to investment firms (securities traders, correction of prudential norms for infrastructure investments of banking institutions and insurance companies, introduction of a simple, transparent and standard securitization, a secondary market for distressed banking assets, and a potential spread of financial instability at cross-border investments in securities.

Natural Capital Management: An Evolutionary Paradigm for Sustainable Restoration Investment - 13455

International Nuclear Information System (INIS)

Koetz, Maureen T.

2013-01-01

Unlike other forms of capital assets (built infrastructure, labor, financial capital), the supply of usable or accessible air, land, and water elements (termed Natural Capital Assets or NCA) available to enterprise processes is structurally shrinking due to increased demand and regulatory restriction. This supply/demand imbalance is affecting all forms of public and private enterprise (including Federal Facilities) in the form of encroachment, production limits, cost increases, and reduced competitiveness. Department of Energy (DOE) sites are comprised of significant stocks of NCA that function as both conserved capital (providing ecosystem services and other reserve capacity), and as natural infrastructure (supporting major Federal enterprise programs). The current rubric of 'Environmental Stewardship' provides an unduly constrained management paradigm that is focused largely on compliance process metrics, and lacks a value platform for quantifying, documenting, and sustainably re-deploying re-capitalized natural asset capacity and capability. By adopting value-based system concepts similar to built infrastructure accounting and information management, 'stewarded' natural assets relegated to liability- or compliance-focused outcomes become 're-capitalized' operational assets able to support new or expanded mission. This growing need for new accounting and management paradigms to capture natural capital value is achieving global recognition, most recently by the United Nations, world leaders, and international corporations at the Rio+20 Summit in June of 2012. Natural Capital Asset Management (NCAM) TM is such an accounting framework tool. Using a quantification-based design, NCAM TM provides inventory, capacity and value data to owners or managers of natural assets such as the DOE that parallel comparable information systems currently used for facility assets. Applied to Environmental Management (EM) and other DOE program activities, the natural asset capacity and

Natural Capital Management: An Evolutionary Paradigm for Sustainable Restoration Investment - 13455

Energy Technology Data Exchange (ETDEWEB)

Koetz, Maureen T. [Koetz and Duncan LLC, Suite 30J, 355 South End Avenue, New York, NY 10280 (United States)

2013-07-01

Unlike other forms of capital assets (built infrastructure, labor, financial capital), the supply of usable or accessible air, land, and water elements (termed Natural Capital Assets or NCA) available to enterprise processes is structurally shrinking due to increased demand and regulatory restriction. This supply/demand imbalance is affecting all forms of public and private enterprise (including Federal Facilities) in the form of encroachment, production limits, cost increases, and reduced competitiveness. Department of Energy (DOE) sites are comprised of significant stocks of NCA that function as both conserved capital (providing ecosystem services and other reserve capacity), and as natural infrastructure (supporting major Federal enterprise programs). The current rubric of 'Environmental Stewardship' provides an unduly constrained management paradigm that is focused largely on compliance process metrics, and lacks a value platform for quantifying, documenting, and sustainably re-deploying re-capitalized natural asset capacity and capability. By adopting value-based system concepts similar to built infrastructure accounting and information management, 'stewarded' natural assets relegated to liability- or compliance-focused outcomes become 're-capitalized' operational assets able to support new or expanded mission. This growing need for new accounting and management paradigms to capture natural capital value is achieving global recognition, most recently by the United Nations, world leaders, and international corporations at the Rio+20 Summit in June of 2012. Natural Capital Asset Management (NCAM){sup TM} is such an accounting framework tool. Using a quantification-based design, NCAM{sup TM} provides inventory, capacity and value data to owners or managers of natural assets such as the DOE that parallel comparable information systems currently used for facility assets. Applied to Environmental Management (EM) and other DOE program

Building the national health information infrastructure for personal health, health care services, public health, and research

Directory of Open Access Journals (Sweden)

Detmer Don E

2003-01-01

Full Text Available Abstract Background Improving health in our nation requires strengthening four major domains of the health care system: personal health management, health care delivery, public health, and health-related research. Many avoidable shortcomings in the health sector that result in poor quality are due to inaccessible data, information, and knowledge. A national health information infrastructure (NHII offers the connectivity and knowledge management essential to correct these shortcomings. Better health and a better health system are within our reach. Discussion A national health information infrastructure for the United States should address the needs of personal health management, health care delivery, public health, and research. It should also address relevant global dimensions (e.g., standards for sharing data and knowledge across national boundaries. The public and private sectors will need to collaborate to build a robust national health information infrastructure, essentially a 'paperless' health care system, for the United States. The federal government should assume leadership for assuring a national health information infrastructure as recommended by the National Committee on Vital and Health Statistics and the President's Information Technology Advisory Committee. Progress is needed in the areas of funding, incentives, standards, and continued refinement of a privacy (i.e., confidentiality and security framework to facilitate personal identification for health purposes. Particular attention should be paid to NHII leadership and change management challenges. Summary A national health information infrastructure is a necessary step for improved health in the U.S. It will require a concerted, collaborative effort by both public and private sectors. If you cannot measure it, you cannot improve it. Lord Kelvin

Public key infrastructure building trusted applications and web services

CERN Document Server

Vacca, John R

2004-01-01

OVERVIEW OF PKI TECHNOLOGYPublic Key Infrastructures (PKIs): What Are They?Type of Certificate Authorities (CAS) ServicesPKI StandardsTypes of Vendor and Third-Party CA SystemsProtecting Private KeysCA System AttacksStolen Private Keys: What Can Be Done?Certificate Practice StatementsPKI ReadinessANALYZING AND DESIGNING PUBLIC KEY INFRASTRUCTURESPKI Design IssuesCost Justification and ConsiderationPKI Standards Design IssuesPKI Architectural Design ConsiderationsIMPLEMENTING PKIRequirementsImplementation ScheduleImplementation CostsPKI PerformanceMANAGING PKIRequesting a CertificateObtaining a

A watershed-scale goals approach to assessing and funding wastewater infrastructure.

Science.gov (United States)

Rahm, Brian G; Vedachalam, Sridhar; Shen, Jerry; Woodbury, Peter B; Riha, Susan J

2013-11-15

Capital needs during the next twenty years for public wastewater treatment, piping, combined sewer overflow correction, and storm-water management are estimated to be approximately $300 billion for the USA. Financing these needs is a significant challenge, as Federal funding for the Clean Water Act has been reduced by 70% during the last twenty years. There is an urgent need for new approaches to assist states and other decision makers to prioritize wastewater maintenance and improvements. We present a methodology for performing an integrated quantitative watershed-scale goals assessment for sustaining wastewater infrastructure. We applied this methodology to ten watersheds of the Hudson-Mohawk basin in New York State, USA that together are home to more than 2.7 million people, cover 3.5 million hectares, and contain more than 36,000 km of streams. We assembled data on 183 POTWs treating approximately 1.5 million m(3) of wastewater per day. For each watershed, we analyzed eight metrics: Growth Capacity, Capacity Density, Soil Suitability, Violations, Tributary Length Impacted, Tributary Capital Cost, Volume Capital Cost, and Population Capital Cost. These metrics were integrated into three goals for watershed-scale management: Tributary Protection, Urban Development, and Urban-Rural Integration. Our results demonstrate that the methodology can be implemented using widely available data, although some verification of data is required. Furthermore, we demonstrate substantial differences in character, need, and the appropriateness of different management strategies among the ten watersheds. These results suggest that it is feasible to perform watershed-scale goals assessment to augment existing approaches to wastewater infrastructure analysis and planning. Copyright © 2013 Elsevier Ltd. All rights reserved.

Essays on the Impacts of Geography and Institutions on Access to Energy and Public Infrastructure Services

Science.gov (United States)

Archibong, Belinda

While previous literature has emphasized the importance of energy and public infrastructure services for economic development, questions surrounding the implications of unequal spatial distribution in access to these resources remain, particularly in the developing country context. This dissertation provides evidence on the nature, origins and implications of this distribution uniting three strands of research from the development and political economy, regional science and energy economics fields. The dissertation unites three papers on the nature of spatial inequality of access to energy and infrastructure with further implications for conflict risk , the historical institutional and biogeographical determinants of current distribution of access to energy and public infrastructure services and the response of households to fuel price changes over time. Chapter 2 uses a novel survey dataset to provide evidence for spatial clustering of public infrastructure non-functionality at schools by geopolitical zone in Nigeria with further implications for armed conflict risk in the region. Chapter 3 investigates the drivers of the results in chapter 2, exploiting variation in the spatial distribution of precolonial institutions and geography in the region, to provide evidence for the long-term impacts of these factors on current heterogeneity of access to public services. Chapter 4 addresses the policy implications of energy access, providing the first multi-year evidence on firewood demand elasticities in India, using the spatial variation in prices for estimation.

Creating Community Resilience Through Elder-Led Physical and Social Infrastructure.

Science.gov (United States)

Aldrich, Daniel P; Kyota, Emi

2017-02-01

Natural disasters and rapidly aging populations are chronic problems for societies worldwide. We investigated the effects of an intervention in Japan known as Ibasho, which embeds elderly residents in vulnerable areas within larger social networks and encourages them to participate in leadership activities. This project sought to deepen the connections of these elderly residents to society and to build elderly leadership and community capacity for future crises. We carried out surveys of participants and nonparticipant residents across the city of Ofunato in Tohoku, Japan, 1 year after the intervention began. Our surveys included questions assessing participation levels in Ibasho, demographic characteristics, efficacy, social networks, and a sense of belonging. Regression analysis and propensity score matching of more than 1100 respondents showed that regular participation in the Ibasho project had a statistically significant and positive connection with various measures of social capital. Given its relatively low cost and focus on deepening cohesion, we suggest that this community-based project could be replicated and scaled up in other countries to deepen resilience, elder health, and social capital. Moving away from an emphasis on investing in physical infrastructure, we believe that disaster risk reduction strategies should center on social infrastructure. (Disaster Med Public Health Preparedness. 2017;11:120-126).

Output responses to infrastructure investment in the Netherlands, 1850-1913

NARCIS (Netherlands)

Groote, Peter; Jacobs, Jan; Sturm, Jan-Egbert

1995-01-01

This paper combines a new historical data set regarding capital formation in infrastructure in the Netherlands in the nineteenth century with data-oriented econometric techniques aimed at testing the causal relationship between these infrastructural investments and economic growth. The resulting

Public Knowledge, Private Knowledge: The Intellectual Capital of Entrepreneurs. NBER Working Paper No. 14797

Science.gov (United States)

Link, Albert; Ruhm, Christopher

2009-01-01

This paper focuses on the innovative actions of entrepreneurs, namely their tendency to reveal the intellectual capital that results from their research efforts either in the form of public knowledge (publications) or private knowledge (patents). Using data collected by the National Research Council within the U.S. National Academies from their…

The Association Between Social Capital and Depression Among Chinese Older Adults Living in Public Housing.

Science.gov (United States)

Wu, Tat Leong; Hall, Brian J; Canham, Sarah L; Lam, Agnes Iok Fong

2016-10-01

Social capital is a critical resource for physical and mental health among older adults, but few studies have investigated this relationship in Chinese populations, and specifically among those with low socioeconomic status. This study examined the association between depression and cognitive social capital (reciprocity and trust) and structural social capital (social participation) in a community sample of older adults living in public housing in Macau (SAR), China (N = 366). Multivariable linear regressions estimated the associations between dimensions of social capital and depression, while adjusting for potential confounders. Significant inverse associations were found between reciprocity and trust and depression. No association was found between social participation and depression. Poor self-reported health was a robust correlate of depression in all models tested. Future studies are needed to evaluate whether enhancing social capital may reduce depression among Chinese older adults living in poverty.

Infrastructure Joint Venture Projects in Malaysia: A Preliminary Study

Science.gov (United States)

Romeli, Norsyakilah; Muhamad Halil, Faridah; Ismail, Faridah; Sufian Hasim, Muhammad

2018-03-01

As many developed country practise, the function of the infrastructure is to connect the each region of Malaysia holistically and infrastructure is an investment network projects such as transportation water and sewerage, power, communication and irrigations system. Hence, a billions allocations of government income reserved for the sake of the infrastructure development. Towards a successful infrastructure development, a joint venture approach has been promotes by 2016 in one of the government thrust in Construction Industry Transformation Plan which encourage the internationalisation among contractors. However, there is depletion in information on the actual practise of the infrastructure joint venture projects in Malaysia. Therefore, this study attempt to explore the real application of the joint venture in Malaysian infrastructure projects. Using the questionnaire survey, a set of survey question distributed to the targeted respondents. The survey contained three section which the sections are respondent details, organizations background and project capital in infrastructure joint venture project. The results recorded and analyse using SPSS software. The contractors stated that they have implemented the joint venture practice with mostly the client with the usual construction period of the infrastructure project are more than 5 years. Other than that, the study indicates that there are problems in the joint venture project in the perspective of the project capital and the railway infrastructure should be given a highlights in future study due to its high significant in term of cost and technical issues.

Infrastructure Joint Venture Projects in Malaysia: A Preliminary Study

Directory of Open Access Journals (Sweden)

Romeli Norsyakilah

2018-01-01

Full Text Available As many developed country practise, the function of the infrastructure is to connect the each region of Malaysia holistically and infrastructure is an investment network projects such as transportation water and sewerage, power, communication and irrigations system. Hence, a billions allocations of government income reserved for the sake of the infrastructure development. Towards a successful infrastructure development, a joint venture approach has been promotes by 2016 in one of the government thrust in Construction Industry Transformation Plan which encourage the internationalisation among contractors. However, there is depletion in information on the actual practise of the infrastructure joint venture projects in Malaysia. Therefore, this study attempt to explore the real application of the joint venture in Malaysian infrastructure projects. Using the questionnaire survey, a set of survey question distributed to the targeted respondents. The survey contained three section which the sections are respondent details, organizations background and project capital in infrastructure joint venture project. The results recorded and analyse using SPSS software. The contractors stated that they have implemented the joint venture practice with mostly the client with the usual construction period of the infrastructure project are more than 5 years. Other than that, the study indicates that there are problems in the joint venture project in the perspective of the project capital and the railway infrastructure should be given a highlights in future study due to its high significant in term of cost and technical issues.

Blockchain-based Public Key Infrastructure for Inter-Domain Secure Routing

OpenAIRE

de la Rocha Gómez-Arevalillo , Alfonso; Papadimitratos , Panos

2017-01-01

International audience; A gamut of secure inter-domain routing protocols has been proposed in the literature. They use traditional PGP-like and centralized Public Key Infrastructures for trust management. In this paper, we propose our alternative approach for managing security associations, Secure Blockchain Trust Management (SBTM), a trust management system that instantiates a blockchain-based PKI for the operation of securerouting protocols. A main motivation for SBTM is to facilitate gradu...

75 FR 66773 - Notice of Proposed Information Collection for Public Comment; FY 2010 Capital Fund Community and...

Science.gov (United States)

2010-10-29

... Information Collection for Public Comment; FY 2010 Capital Fund Community and Education Training Facilities... 2010 Capital Fund Community and Education Training Facilities NOFA. OMB Control Number: 2577-0268...) enhance the quality, utility, and clarity of the information to be collected; and (4) minimize the burden...

Public road infrastructure inventory in degraded global navigation satellite system signal environments

Science.gov (United States)

Sokolova, N.; Morrison, A.; Haakonsen, T. A.

2015-04-01

Recent advancement of land-based mobile mapping enables rapid and cost-effective collection of highquality road related spatial information. Mobile Mapping Systems (MMS) can provide spatial information with subdecimeter accuracy in nominal operation environments. However, performance in challenging environments such as tunnels is not well characterized. The Norwegian Public Roads Administration (NPRA) manages the country's public road network and its infrastructure, a large segment of which is represented by road tunnels (there are about 1 000 road tunnels in Norway with a combined length of 800 km). In order to adopt mobile mapping technology for streamlining road network and infrastructure management and maintenance tasks, it is important to ensure that the technology is mature enough to meet existing requirements for object positioning accuracy in all types of environments, and provide homogeneous accuracy over the mapping perimeter. This paper presents results of a testing campaign performed within a project funded by the NPRA as a part of SMarter road traffic with Intelligent Transport Systems (ITS) (SMITS) program. The testing campaign objective was performance evaluation of high end commercial MMSs for inventory of public areas, focusing on Global Navigation Satellite System (GNSS) signal degraded environments.

EVALUATION OF EFFICIENCY OF FINANCING TRANSPORT INFRASTRUCTURE PROJECTS REALIZED IN THE FRAMEWORK OF PUBLIC PRIVATE PARTNERSHIP

Directory of Open Access Journals (Sweden)

S. B. Vasiliev

2015-01-01

Full Text Available The article examines the basic approach to evaluating efficiency of financing transport infrastructure projects realized in the framework of public private partnership. The main ways of the project realization are identified, and their main advantages and disadvantages are described. Detailed elaboration and structuring of infrastructure projects are grounded.

ECONOMIC AND LEGAL GROUNDS FOR INVESTMENT IN DEVELOPMENT OF TRANSPORT INFRASTRUCTURE

Directory of Open Access Journals (Sweden)

V. V. Zhelezniak

2017-02-01

Full Text Available Purpose. In Ukraine, as in many countries of the world, transport is one of the most fundamental sectors of the national economy, important part of the industrial and social spheres. But in the conditions of industry reforming there are problems of investing in development of rail transport. So the work is devoted to the grounds of potentially available sources of investment in infrastructure of railway transport of Ukraine. The work stresses the importance of the problem of attracting foreign investment in the economy, highlights the proposals to solve this problem. Methodology. To solve the problems of this class the work presents the proposed methods of analysis, synthesis and comparison, deduction, induction, logic and abstraction. It becomes necessary to search for and study of new conceptual approaches to organization of investment processes at railway transport enterprises, appropriate management and financial decisions and schemes of railway infrastructure development. Findings. The paper shows ways to optimize investment for modernization and technical re-equipment of the transport complex of Ukraine. It proposes the ways of attracting capital of investors for development of transport infrastructure: compliance with European laws and regulations; reforming of the tax system of Ukraine; combating corruption in the country; implementation of public-private partnership tools into the mechanism of state regulation of investment processes; creating a favourable investment climate for implementation of rail transport infrastructure projects; creating a system of compensation to investors; guarantees of transport infrastructure investment protection. Originality. The work offers the sources of investment for development of railway infrastructure in Ukraine, which should include: state budget funds, use of targeted loans and leasing. The main direction of the state policy concerning infrastructure should be a gradual transition of activity in

THE CONDITIONS FOR THE IMPLEMENTATION OF INFRASTRUCTURE INVESTMENTS IN COMMUNITIES IN WARMIA-MAZURY

Directory of Open Access Journals (Sweden)

Waldemar Kozłowski

2014-09-01

Full Text Available The development of infrastructure economically – social the state the indispensable element of economic development our the country. State of Polish infrastructure is discontent continually far, which becomes the barrier on road of more far economic progress and social. Infrastructure investments constitute the base for development of the social-economic local -government. They are a factor supporting recruiting of investment and activating the local community. With relevant issue at the investment planning infrastructure there are premises which are deciding on their realization. Premises can result from actual needs of the local community, of requirements associated with documents drawn up as well as from so-called market chances connected with the possibility of raising non-refundable capital. They are proving exploring communes on the group that at the investment decision a possibility of acquiring non-refundable capital from EU funds is a dominating premise. being guided by exclusively a premise associated with acquiring capital from European centres rather than from actual local needs can produce a so-called effect above of supply of the infrastructure what in the longer perspective disadvantageous transferring into budget the commune can have.

Solar Access to Public Capital (SAPC) Mock Securitization Project

Energy Technology Data Exchange (ETDEWEB)

Mendelsohn, Michael [National Renewable Energy Lab. (NREL), Golden, CO (United States); Lowder, Travis [National Renewable Energy Lab. (NREL), Golden, CO (United States); Rottman, Mary [Rottman-Associates, San Francisco, CA (United States); Borod, Ronald [DLA Piper, London (United Kingdom); Gabig, Nathan [KPMG, Knoxville, TN (United States); Henne, Stephen [KPMG, Knoxville, TN (United States); Caplin, Conrad [KPMG, Knoxville, TN (United States); Notte, Quentin [Mercatus, Arlington, VA (United States)

2015-12-21

In late 2012, the National Renewable Energy Laboratory (NREL) initiated the Solar Access to Public Capital (SAPC) working group. Backed by a three-year funding facility from the U.S. Department of Energy (DOE), NREL set out to organize the solar, legal, banking, capital markets, engineering, and other relevant stakeholder communities in order to open lower-cost debt investment for solar asset deployment. SAPC engaged its members to standardize contracts, develop best practices, and comprehend how the rating agencies perceive solar project portfolios as an investment asset class. Rating agencies opine on the future creditworthiness of debt obligations. Issuers often seek investment-grade ratings from the rating agencies in order to satisfy the desires of their investors. Therefore, for the solar industry to access larger pools of capital at a favorable cost, it is critical to increase market participants' understanding of solar risk parameters. The process provided valuable information to address rating agency perceptions of risk that, without such information, could require costly credit enhancement or higher yields to attract institutional investors. Two different securities were developed--one for a hypothetical residential solar portfolio and one for a hypothetical commercial solar portfolio. Five rating agencies (Standard and Poor's, Moody's, KBRA, Fitch, and DBRS) participated and provided extensive feedback, some through conversations that extended several months. The findings represented in this report are a composite summary of that feedback and do not indicate any specific feedback from any single rating agency.

The Small Aircraft Transportation System for America: A Case in Public Infrastructure Change

Science.gov (United States)

Bowen, Brent D.

2000-01-01

The National Aeronautics and Space Administration (NASA), U.S. Department of Transportation, Federal Aviation Administration, industry stakeholders, and academia, have joined forces to pursue the NASA National General Aviation Roadmap leading to a Small Aircraft Transportation System (SATS). This strategic undertaking has a 25-year goal to bring next-generation technologies and improve travel between remote communities and transportation centers in urban areas by utilizing the nation's 5,400 public-use general aviation airports. To facilitate this initiative, a comprehensive upgrade of public infrastructure must be planned, coordinated, and implemented within the framework of the national air transportation system. The Nebraska NASA EPSCoR Program has proposed to deliver research support in key public infrastructure areas in coordination with the General Aviation Program Office at the NASA Langley Research Center. Ultimately, SATS may permit tripling aviation system throughput capacity by tapping the underutilized general aviation facilities to achieve the national goal of doorstep-to-destination travel at four times the speed of highways for the nation's suburban, rural, and remote communities.

Climate change damages to Alaska public infrastructure and the economics of proactive adaptation

Science.gov (United States)

Climate change in the circumpolar region is causing dramatic environmental change that increases the vulnerability of the built environment. We quantified the economic impacts of climate change on Alaska’s public infrastructure under relatively high and low climate forcing scenar...

The governance of public-private partnerships in sports infrastructure: Interfering complexities in Belgium

NARCIS (Netherlands)

van den Hurk, M.; Verhoest, K.

2015-01-01

Although public-private partnership (PPP) in infrastructure development has gained foothold in Flanders (the northern part of Belgium) over time, dissimilar results are evident and the controversy around PPP remains. This paper investigates the contradictory achievements of the Flemish Sports

76 FR 54770 - Public Meeting: Notification by Capital One Financial Corporation, McLean, VA, To Acquire ING...

Science.gov (United States)

2011-09-02

... FEDERAL RESERVE SYSTEM Public Meeting: Notification by Capital One Financial Corporation, McLean, VA, To Acquire ING Bank, FSB, Wilmington, DE, and Indirectly To Acquire Shares of Sharebuilder... Reserve System. ACTION: Notice of public meeting. SUMMARY: Three public meetings will be held regarding...

Tax Incentive, Public Share Proportion, and Firm Performance: Evidence from Indonesian Capital Market

Directory of Open Access Journals (Sweden)

Vierly Ananta Upa

2012-01-01

Full Text Available Indonesian government has changed the taxation law in 2007. The regulation revealed thatcompanies listed on capital market can obtain reduced income tax rate by 5 percent. Decrease inincome tax rates is granted to domestic corporate taxpayers listed on capital market that have publicownership over 40 percent of the total paid shares and the shares owned by at least 300 parties. Thepurpose of this research is to analyze the effectiveness of government regulation (PP No. 81 of 2007.This research used companies listed on Indonesia Stock Exchange (IDX which have right offeringin 2009-2010 as a sample. Sample selection is performed based on purposive sampling method. Theresult indicates that government regulation related to tax incentives, which was aimed to increasethe proportion of public ownership, is still less effective. In addition, this study also showed that theproportion of public ownership has no significant effect on firm performance

The Public-Key-Infrastructure of the Radiological Society of Germany

International Nuclear Information System (INIS)

Schuetze, B.; Kaemmerer, M.; Klos, G.; Mildenberger, P.

2006-01-01

Pretty Good Privacy (PGP) encoding is based on the Public-Key-Procedure and permits the safe transmission of medical data. Furthermore it allows the use of an electronic signature provided that keys used belong to the key owner and that the key owner's identity is guaranteed by a trusted third party. Under the auspices of the Radiological Society of Germany (Deutsche Roentgengesellschaft, DRG) its IT-Working Group (Arbeitsgemeinschaft fuer Informationstechnik, GIT) built up an appropriate Certification Authority including the required Public-Key-Infrastructure. These GIT certified PGP keys allow the legal use of telemedicine in Germany. Digital signatures based to those certified keys correspond to the advanced signature according to the German Signature Law

The Public-Key-Infrastructure of the Radiological Society of Germany

Energy Technology Data Exchange (ETDEWEB)

Schuetze, B. [Johannes Gutenberg-University of Mainz, Department of Radiology, Langenbeckstr. 1, 55131 Mainz (Germany)]. E-mail: schuetze@medizin-informatik.org; Kaemmerer, M. [Johannes Gutenberg-University of Mainz, Department of Radiology, Langenbeckstr. 1, 55131 Mainz (Germany); Klos, G. [Johannes Gutenberg-University of Mainz, Department of Radiology, Langenbeckstr. 1, 55131 Mainz (Germany); Mildenberger, P. [Johannes Gutenberg-University of Mainz, Department of Radiology, Langenbeckstr. 1, 55131 Mainz (Germany)

2006-03-15

Pretty Good Privacy (PGP) encoding is based on the Public-Key-Procedure and permits the safe transmission of medical data. Furthermore it allows the use of an electronic signature provided that keys used belong to the key owner and that the key owner's identity is guaranteed by a trusted third party. Under the auspices of the Radiological Society of Germany (Deutsche Roentgengesellschaft, DRG) its IT-Working Group (Arbeitsgemeinschaft fuer Informationstechnik, GIT) built up an appropriate Certification Authority including the required Public-Key-Infrastructure. These GIT certified PGP keys allow the legal use of telemedicine in Germany. Digital signatures based to those certified keys correspond to the advanced signature according to the German Signature Law.

Skills and Regional Entrepreneurship Capital Formation

DEFF Research Database (Denmark)

Mendonça, Joana; Grimpe, Christoph

2016-01-01

Entrepreneurship capital has frequently been characterized as an important determinant of regional economic growth. Yet, we have limited knowledge about what explains why certain regions are more successful in creating entrepreneurship capital in general and in particular in technology......- and knowledge-intensive sectors. In this paper, we shed light on the skill base of a region in terms of its endowment with human capital and the composition, i.e. specialization or diversity, of skills. Moreover, we look at the context in which entrepreneurship capital formation takes place by focusing...... on differences in the institutional infrastructures for entrepreneurship in two European countries: Germany and Portugal. Based on harmonized datasets, our results indicate important differences between the countries. Specifically, our results suggest that both specialization and diversity theories hold...

77 FR 33760 - Notice of Submission of Proposed Information Collection to OMB Public Housing Capital Fund Program

Science.gov (United States)

2012-06-07

... that are not subject to Independent Public Accountant (IPA) audit requirements. DATES: Comments Due... numerous PHAs that are not subject to Independent Public Accountant (IPA) audit requirements. Number of... Proposed Information Collection to OMB Public Housing Capital Fund Program AGENCY: Office of the Chief...

Industry - Public knowledge infrastructure interaction: intra- and inter-organizational explanations of interactive learning

NARCIS (Netherlands)

Meeus, M.T.H.; Oerlemans, L.A.G.; Hage, J.

2004-01-01

This paper pursues the development and empirical exploration of a theoretical framework that explains the probabilities of interactive learning of innovating firms and actors in the public knowledge infrastructure. Our research question reads as follows: To what extent does the strength of innovator

Capital renewal as a real option

NARCIS (Netherlands)

Reindorp, M.J.; Fu, M.C.

2011-01-01

We consider the timing of replacement of obsolete subsystems within an extensive, complex infrastructure. Such replacement action, known as capital renewal, must balance uncertainty about future profitability against uncertainty about future renewal costs. Treating renewal investments as real

Public Key Infrastructure (PKI) Interoperability: A Security Services Approach to Support Transfer of Trust

National Research Council Canada - National Science Library

Hansen, Anthony

1999-01-01

Public key infrastructure (PKI) technology is at a primitive stage characterized by deployment of PKIs that are engineered to support the provision of security services within individual enterprises, and are not able to support...

Lessons learned: Infrastructure development and financial management for large, publicly funded, international trials.

Science.gov (United States)

Larson, Gregg S; Carey, Cate; Grarup, Jesper; Hudson, Fleur; Sachi, Karen; Vjecha, Michael J; Gordin, Fred

2016-04-01

Randomized clinical trials are widely recognized as essential to address worldwide clinical and public health research questions. However, their size and duration can overwhelm available public and private resources. To remain competitive in international research settings, advocates and practitioners of clinical trials must implement practices that reduce their cost. We identify approaches and practices for large, publicly funded, international trials that reduce cost without compromising data integrity and recommend an approach to cost reporting that permits comparison of clinical trials. We describe the organizational and financial characteristics of The International Network for Strategic Initiatives in Global HIV Trials, an infectious disease research network that conducts multiple, large, long-term, international trials, and examine challenges associated with simple and streamlined governance and an infrastructure and financial management model that is based on performance, transparency, and accountability. It is possible to reduce costs of participants' follow-up and not compromise clinical trial quality or integrity. The International Network for Strategic Initiatives in Global HIV Trials network has successfully completed three large HIV trials using cost-efficient practices that have not adversely affected investigator enthusiasm, accrual rates, loss-to-follow-up, adherence to the protocol, and completion of data collection. This experience is relevant to the conduct of large, publicly funded trials in other disease areas, particularly trials dependent on international collaborations. New approaches, or creative adaption of traditional clinical trial infrastructure and financial management tools, can render large, international clinical trials more cost-efficient by emphasizing structural simplicity, minimal up-front costs, payments for performance, and uniform algorithms and fees-for-service, irrespective of location. However, challenges remain. They

Islamic Public Infrastructure Financing: An Analysis of Alternative Financing Instruments with Application in Developing Countries

National Research Council Canada - National Science Library

Islam, Saiful

2004-01-01

This project examines the structure of public infrastructure financing in Indonesia and examines whether financing based on Islamic principles is a feasible alternative to current financing mechanisms...

PHYSICAL CAPITAL, HUMAN AND SOCIAL AND RESPONSIBILITY PUBLIC ACCOUNTANT WITH POVERTY

OpenAIRE

Wong Torres, Zelma; Salcedo Guzmán, Luisa Elena

2014-01-01

This article is the result of research carried out in 2010, entitled, physical capital, human and social, and social responsibility of the Certified Public Accountant with Poverty. This article seeks to demonstrate the interest in settlement mechanisms to achieve equity and achieve a development strategy. In this perspective, the article insisted that social policy should be able to influence the structural determinants through which reproduce poverty and inequality, maldistribution of educat...

Sustainable Water Infrastructure

Science.gov (United States)

Resources for state and local environmental and public health officials, and water, infrastructure and utility professionals to learn about sustainable water infrastructure, sustainable water and energy practices, and their role.

Natural Assurance Scheme: A level playing field framework for Green-Grey infrastructure development.

Science.gov (United States)

Denjean, Benjamin; Altamirano, Mónica A; Graveline, Nina; Giordano, Raffaele; van der Keur, Peter; Moncoulon, David; Weinberg, Josh; Máñez Costa, María; Kozinc, Zdravko; Mulligan, Mark; Pengal, Polona; Matthews, John; van Cauwenbergh, Nora; López Gunn, Elena; Bresch, David N

2017-11-01

This paper proposes a conceptual framework to systematize the use of Nature-based solutions (NBS) by integrating their resilience potential into Natural Assurance Scheme (NAS), focusing on insurance value as corner stone for both awareness-raising and valuation. As such one of its core goal is to align research and pilot projects with infrastructure development constraints and priorities. Under NAS, the integrated contribution of natural infrastructure to Disaster Risk Reduction is valued in the context of an identified growing need for climate robust infrastructure. The potential of NAS benefits and trade-off are explored by through the alternative lens of Disaster Resilience Enhancement (DRE). Such a system requires a joint effort of specific knowledge transfer from research groups and stakeholders to potential future NAS developers and investors. We therefore match the knowledge gaps with operational stages of the development of NAS from a project designer perspective. We start by highlighting the key role of the insurance industry in incentivizing and assessing disaster and slow onset resilience enhancement strategies. In parallel we place the public sector as potential kick-starters in DRE initiatives through the existing initiatives and constraints of infrastructure procurement. Under this perspective the paper explores the required alignment of Integrated Water resources planning and Public investment systems. Ultimately this will provide the possibility for both planners and investors to design no regret NBS and mixed Grey-Green infrastructures systems. As resources and constraints are widely different between infrastructure development contexts, the framework does not provide explicit methodological choices but presents current limits of knowledge and know-how. In conclusion the paper underlines the potential of NAS to ease the infrastructure gap in water globally by stressing the advantages of investment in the protection, enhancement and restoration of

Design of an innovative paediatric capitation payment approach for public sector dentistry: an Australian experience.

Science.gov (United States)

Conquest, Jennifer; Jacobi, Michael; Skinner, John; Tennant, Marc

2015-02-01

The aim of this study was to trial the methodology and administration processes of a public paediatric capitation programme provided in the period 1 July 2011 to 31 December 2011 through a Bachelor of Oral Health programme in rural New South Wales (NSW), Australia, where access to public dental services is limited. The principal structure of the programme was the development of three diagnostic pathways: active caries and pain (Pathway A); active caries and no pain (Pathway B); and no active caries and no pain (Pathway C). In 2011, de-identified treatment data for NSW public dental services' patients under 18 years of age were analysed to identify the top 10 dental treatment items. These items were clustered according to the mean decayed and/or filled surface of patients under 18 years of age who had decayed, filled or missing teeth. Each treatment item was allocated 60% of the 2011 Australian Government Department of Veteran Affairs Schedule of Fees. The programme was trialled in Charles Sturt University dental facility in Wagga Wagga, NSW. The programme targeted patients in the following age groups: 0-5 years; 6-11 years; and 12-17 years. The 6-month trial provided 361 patients with a capitation pathway, at a total cost of $47,567.90, averaging $131.76 per capitation pathway. The total number of items provided (n=2,070) equated to an average of 5.7 items per capitation diagnostic pathway. This model offered an early entry point for paediatric patients to access dental care that addressed their needs, whilst being flexible enough to be fiscally attractive. © 2014 FDI World Dental Federation.

Ad hoc public disclosure obligations of public companies on the capital market

Directory of Open Access Journals (Sweden)

Marjanski Vladimir

2012-01-01

Full Text Available The author gives a comprehensive analysis of the obligations of public companies regarding the provision of periodical (ad hoc information to the public on the capital market. Ad hoc disclosure is to achieve a number of aims. It is one of the devices to secure the market's functional abilities. By means of regularly fulfilling this obligation, the market is provided with all the relevant information necessary to form adequate prices of market materials - i.e. securities and other financial instruments (the function of market protection. Investors are thus being able to aptly respond to modified circumstances and deliver investment decisions whether to buy or sell market materials the price of which are being changed (the function of investor protection. Due to the fact that the duty of ad hoc disclosure encompasses the obligation to reveal insider information directly affecting the emitter, ad hoc disclosure serves as a preventive measure, i.e. as a protection against illicit trade with insider information (the function of prevention against the abuse of insider information.

Evaluative Infrastructures

DEFF Research Database (Denmark)

Kornberger, Martin; Pflueger, Dane; Mouritsen, Jan

2017-01-01

Platform organizations such as Uber, eBay and Airbnb represent a growing disruptive phenomenon in contemporary capitalism, transforming economic organization, the nature of work, and the distribution of wealth. This paper investigates the accounting practices that underpin this new form...... of organizing, and in doing so confronts a significant challenge within the accounting literature: the need to escape what Hopwood (1996) describes as its “hierarchical consciousness”. In order to do so, this paper develops the concept of evaluative infrastructure which describes accounting practices...

The Role of Public-Private Partnerships in Local Infrastructure: the Case of Carbon Offset Projects

International Nuclear Information System (INIS)

Teichmann, Dorothee

2011-01-01

Investment in low carbon infrastructure is considered as an important component of the fight against climate change. The mechanisms of climate regulation (such as carbon offsets) transfer to project developers the risks associated with reducing emissions of greenhouse gas (GHG) emissions, i.e. operational and technological risk, or risks associated with the environmental monitoring and the regulatory mechanism itself. The success of projects - and thus their ability to attract private capital - depends importantly on the risk sharing arrangements between the private and public partners involved in the project. We show that the delegation of tasks between the partners can create risks that affect the environmental effectiveness and economic efficiency of the project. Contracts need to be well designed to mitigate those risks. For a sample of landfill gas flaring projects financed under the Clean Development Mechanism, it is shown that the out-sourcing of the provision of technology creates additional risks. The out-sourcing of the development of the Project Design Documents as required by UNFCCC and the separation of the operation of the landfill and the CDM project appear to be manageable by risk sharing arrangements between partners. In the latter case, each partner should bear the risk associated with his own responsibility. In fact, if carbon revenues are the only income stream for the CDM project developer, the incentive to reduce GHG emissions is maintained. (author)

Family Ownership, Firm’s Financial Characteristics and Capital Structure: Evidence from Public Listed Companies in Malaysia

Directory of Open Access Journals (Sweden)

Punitharaja NADARAJA

2011-06-01

Full Text Available Capital structure is identified as one of focal facet in corporate finance branch of learning. It provides comprehension on how firms choose to finance their operations and expansion. The objective of this study is to explore the determinants of capital structure of Malaysian public listed companies. The period of 2001-2006 was selected in this study, which reflected the post Asian financial crisis period. Firm’s financial characteristics consist of size, growth, profitability, liquidity and ability to service debt. Family ownership which was identified as a unique feature in the Malaysian corporate sector was used to measure the effect of corporate governance in capital structure decision. Using panel data approach, this study infers that the role of ownership structure in the form of family ownership though is not significantly related to capital structure, its inclusion in the empirical equation changes the significance of other variables. Except for growth, all other financial characteristics have significant relationships with capital structure.

Internationalization of infrastructure companies

Directory of Open Access Journals (Sweden)

Frederico Araujo Turolla

2009-03-01

Full Text Available The decision of infrastructure firms to go international is not a simple one. Differently from firms from most of the sectors, investment requires large amounts of capital, there are significant transaction costs and also involves issues that are specific to the destiny country. In spite of the risks, several infrastructure groups have been investing abroad and have widened the foreign part in the share of the receipts. The study herein proposed is a refinement of the established theory of international business, with support from the industrial organization theory, namely on infrastructure economics. The methodology is theoretical empirical since it starts from two existing theories. Hypotheses relate the degree of internationalization (GI to a set of determinants of internationalization. As of conclusions, with the exception of the economies of density and scale, which did not show as relevant, all other variables behaved as expected.

Cultural Capital: A Concept Analysis.

Science.gov (United States)

Ohashi, Yuki; Taguchi, Atsuko; Omori, Junko; Ozaki, Akiko

2017-07-01

Harnessing community assets may help public health nurses address health inequalities. Cultural factor is one such asset, which is assumed to be capital in a community. Cultural capital is a key concept for understanding the causes of public health issues. This paper provided an in-depth analysis of "cultural capital" as a concept. Rodgers' evolutionary methodology was used for concept analysis. Forty-two studies published in English between 1998 and 2015 were retrieved from MEDLINE by searching for "cultural capital" in the title field. Antecedents of cultural capital included "educational environment," "belongingness in one's social group," "existing health/social inequalities," and "daily behavior." Cultural capital's identified attributes were "social cultivation," "reproductive rubric," "practical knowledge," and "autogenic ability." Cultural capital's consequences were "improving productivity," "reducing health/social inequality," and "enhancing well-being." Cultural capital is defined as capital characterized by cultivation, rubric, knowledge, and ability. These aspects of cultural capital are typically autogenic, and accumulate and reproduce through lifelong community membership. Cultural capital reduces inequality and ultimately enhances the well-being of individuals and the community through bonding, bridging, and linking economic and social capital. © 2017 Wiley Periodicals, Inc.

National Capital Planning Commission Library contents

Data.gov (United States)

National Capital Planning Commission — The National Capital Planning Commission library catalog is a compilation of titles, authors, years of publication and topics of books, reports and NCPC publications.

Bangladesh : Fiscal Costs of Non-Financial Public Corporations

OpenAIRE

Kojo, Naoko C.

2010-01-01

The overall fiscal position of Bangladesh looks sustainable, but there are concerns that the country may be trapped in a low revenue-low capital spending equilibrium, which is holding back Bangladesh’s growth potential. Eliminating wasteful spending and halting fiscal drains through inefficient non-financial public corporations (NFPCs) are important ways to create fiscal space, particularly in the area of infrastructure. This paper reviews the financial performance of the NFPC ...

Reaping benefits from intellectual capital.

Science.gov (United States)

Weston, Marla J; Estrada, Nicolette A; Carrington, Jane

2007-01-01

The wealth and value of organizations are increasingly based on intellectual capital. Although acquiring talented individuals and investing in employee learning adds value to the organization, reaping the benefits of intellectual capital involves translating the wisdom of employees into reusable and sustained actions. This requires a culture that creates employee commitment, encourages learning, fosters sharing, and involves employees in decision making. An infrastructure to recognize and embed promising and best practices through social networks, evidence-based practice, customization of innovations, and use of information technology results in increased productivity, stronger financial performance, better patient outcomes, and greater employee and customer satisfaction.

Public awareness of and support for infrastructure changes designed to increase walking and biking in Los Angeles County.

Science.gov (United States)

Gase, Lauren N; Barragan, Noel C; Simon, Paul A; Jackson, Richard J; Kuo, Tony

2015-03-01

Policies to promote active transportation are emerging as a best practice to increase physical activity, yet relatively little is known about public opinion on utilizing transportation funds for such investments. This study sought to assess public awareness of and support for investments in walking and biking infrastructure in Los Angeles County. In the fall of 2013, the Los Angeles County Department of Public Health conducted a telephone survey with a random sample of registered voters in the region. The survey asked respondents to report on the presence and importance of walking and biking infrastructure in their community, travel behaviors and preferences, and demographics. One thousand and five interviews were completed (response rate 20%, cooperation rate 54%). The majority of participants reported walking, biking, and bus/rail transportation investments as being important. In addition, participants reported a high level of support for redirecting transportation funds to active transportation investment - the population average was 3.28 (between 'strongly' and 'somewhat' support) on a 4 point Likert scale. Voters see active transportation infrastructure as being very important and support redirecting funding to improve the infrastructure. These findings can inform policy-decisions and planning efforts in the jurisdiction. Copyright © 2015 Elsevier Inc. All rights reserved.

PROBLEMS OF THE DEVELOPMENT OF PUBLIC-PRIVATE PARTNERSHIP IN THE RUSSIAN FEDERATION

Directory of Open Access Journals (Sweden)

Vladimir B. Zotov

2015-01-01

Full Text Available Public-private partnership (PPP is a complex mechanism, which includes a variety of industry legislation, which together form a system of legislative regulation of relations at the interaction of private and public parties in the realization of long-term capital-intensive investment projects for the development of public infrastructure. The article describes the current state of PPP in the Russian Federation, the analysis of the main problems and needs integrated action (regulatory, institutional and investment to improve and develop this project.

Going beyond The three worlds of welfare capitalism: regime theory and public health research.

Science.gov (United States)

Bambra, C

2007-12-01

International research on the social determinants of health has increasingly started to integrate a welfare state regimes perspective. Although this is to be welcomed, to date there has been an over-reliance on Esping-Andersen's The three worlds of welfare capitalism typology (1990). This is despite the fact that it has been subjected to extensive criticism and that there are in fact a number of competing welfare state typologies within the comparative social policy literature. The purpose of this paper is to provide public health researchers with an up-to-date overview of the welfare state regime literature so that it can be reflected more accurately in future research. It outlines The three worlds of welfare capitalism typology, and it presents the criticisms it received and an overview of alternative welfare state typologies. It concludes by suggesting new avenues of study in public health that could be explored by drawing upon this broader welfare state regimes literature.

Public financial institutions and the low carbon transition: five case studies on low-carbon infrastructure and project investment. Environment working paper No. 72:

International Nuclear Information System (INIS)

Cochran, Ian; Hubert, Romain; Marchal, Virginie; Youngman, Robert; Rus, Katerina; Baker, Jade; Kynaston, Jane

2014-01-01

Public financial institutions (PFIs) are well-positioned to act as a key leverage point for governments' efforts to mobilise private investment in low-carbon projects and infrastructure. The study identifies the tools, instruments and approaches used by five PFIs to directly support and scale-up domestic private sector investment in sustainable transport, energy-efficiency and renewable energy in OECD countries. Between 2010-2012, these five institutions - Group Caisse des Depots in France, KfW Bankengruppe in Germany, the UK Green Investment Bank, the European Investment Bank, and the European Bank for Reconstruction and Development - have provided over 100 billion euros of equity investment and financing for energy efficiency, renewable energy and sustainable transport projects. They use both traditional and innovative approaches to link low-carbon projects with finance through enhancing access to capital; facilitating risk reduction and sharing; improving the capacity of market actors; and shaping broader market practices and conditions. (authors)

[Project financing in public hospital trusts].

Science.gov (United States)

Contarino, F; Grosso, G; Mistretta, A

2009-01-01

The growing debate in recent years over how to finance public works through private capital has progressively highlighted the role of project finance (PF) and publicprivate partnerships (PPP) in general. More and more European countries are turning to PF to finance their public infrastructure development. The UK, which pioneered the adoption of project finance in this field, has been followed by Italy, Spain, France, Portugal and Germany and more recently by Greece, Czech Republic and Poland. Beginning in the late 1990's, Italy has steadily amplified its use of PF and PPPs in key sectors such as healthcare as an alternative way of funding the modernisation of its health facilities and hospitals. The trend reveal an average annual growth of 10.9% since 2002 with peaks of varying intensity over the five year period. Project finance and PPPs represent an effective response to the country's infrastructure gap and support the competitiveness of local systems and the quality of public services. None of this will transpire, however without energetic new planning efforts and adequate policy at the centre.

The financing of hydropower, irrigation and water supply infrastructure in developing countries

International Nuclear Information System (INIS)

Briscoe, J.

1999-01-01

A companion paper in the previous issue of this journal (Briscoe, 1999) describes the changing face of infrastructure financing in developing countries. This paper deals with the financing of major infrastructure in the water-related sectors - hydropower, water supply, and sanitation, irrigation, and overall water resources management (including the environment). The overall level of investment in water-related infrastructure in developing countries is estimated to be of the order of $65 billion annually, with the respective shares about $15 billion for hydro, $25 billion for water and sanitation and $25 billion for irrigation and drainage. About 90% of this investment comes from domestic sources, primarily from the public sector. Water-related infrastructure accounts for a large chunk - about 15% - of all government spending. This heavy dependence on the public sector means that the 'winds of change' in the respective roles of government and the private sector have major implications for the financing and structure of the water economy. The paper describes how each of the 'subsectors' is adapting to these winds of change. First, in recent years, competition and private sector provision have emerged as the characteristics of the new electricity industry. This change poses a fundamental challenge to hydro which, to a much greater degree than thermal, has risks (hydrological, geological, social and environmental) which are better assumed by the public than the private sector. The future of private hydro, and thus of hydo itself, depends heavily on the ability of the public sector to both share risks with the private sector, and to provide predictable social and environmental rules of the game. Second, the urban water supply sector is in the early stages of equally profound change. In recent years, there has been a dramatic shift towards the private sector, in developed and developing countries alike. An outline of the future shape of the a competitive urban water

Social capital, neighbourhood characteristics and utilisation of local public health services among domestic migrants in China: a cross-sectional study

Science.gov (United States)

Hou, Zhiyuan; Lin, Senlin; Zhang, Donglan

2017-01-01

Objectives We examined the association between structural social capital and public health services use, and explored the modifiable effect of neighbourhood factors on this association among domestic migrants in China. Methods Data were from a 2014 nationally representative cross-sectional sample of domestic migrants aged 15–59 years in China. Survey-weighted logistic regression models were applied to assess the association between structural social capital, measured by participation in social organisations and social activities, and use of public health services. Interaction terms between neighbourhood urban status, neighbourhood composition and social capital were further assessed in the models. Results Migrants who participated in social organisations were more likely to establish health records (OR 1.467, 95% CI 1.201 to 1.793) and receive health education information (OR 1.729, 95% CI 1.484 to 2.016) than those who did not. Participation in social activities was positively associated with establishing health records only in urban communities (OR 1.853, 95% CI 1.060 to 3.239), and it was positively linked to receiving health education information among those living with a higher percentage of local neighbours (OR 1.451, 95% CI 1.044 to 2.017). Conclusions Structural social capital was related to an increased utilisation of local public health services among migrants. The findings of this study provided new evidence for the differential influences of social capital by neighbourhood characteristics in China, which suggested the importance to enhance social capital in rural/suburban communities and communities where the majority of the residents were migrants. PMID:28821507

Libraries as an infrastructure for a sustainable public sphere in a digital age

DEFF Research Database (Denmark)

Audunson, Ragnar; Svandhild, Aabø,; Rasmussen, Casper Hvenegaard

2017-01-01

This session will focus upon challenges to upholding a sustainable public sphere in a digital age and the potential of libraries to contribute to an infrastructure that might help us cope with these challenges. The workshop can be seen as a continuationof last years worshop themed: Partnership...... with society: A social and cultural approach to Ischool research....

E-mobility charging infrastructure. Wish and reality

Energy Technology Data Exchange (ETDEWEB)

Wunnerlich, Stephan [EnBW Energie Baden-Wuerttemberg AG, Karlsruhe (Germany)

2013-06-01

An adequate charging infrastructure for electric vehicles is necessary for the success of electric vehicles. The wishful thinking is, to build up quickly a charging infrastructure to the electric vehicles since they will be launched. The wishful thinking is to build up a cheap and easy to handle infrastructure in order to keep it cheap and simple for the customer. The wishful thinking is that the process of building up such infrastructure is smooth and based on clear rules, regulations and standards. The wishful thinking is that public charging infrastructure operators can earn money with the sales of kWh or with marketing their public charging stations. Reality shows a different picture. Public charging Infrastructure is expensive to install and to manage, public charging infrastructure is difficult to process as well, there are only few electric cars on the street and you cannot earn enough money with selling electricity or marketing. Only a large number of electric vehicles and new and innovative solutions can help to overcome this gap between wish and reality. (orig.)

Measuring the Benefits of Public Chargers and Improving Infrastructure Deployments Using Advanced Simulation Tools: Preprint

Energy Technology Data Exchange (ETDEWEB)

Wood, Eric; Neubauer. Jeremy; Burton, Evan

2015-02-01

With support from the U.S. Department of Energy's Vehicle Technologies Office, the National Renewable Energy Laboratory developed BLAST-V -- the Battery Lifetime Analysis and Simulation Tool for Vehicles. The addition of high-resolution spatial-temporal travel histories enables BLAST-V to investigate user-defined infrastructure rollouts of publically accessible charging infrastructure, as well as quantify impacts on vehicle and station owners in terms of improved vehicle utility and station throughput. This paper presents simulation outputs from BLAST-V that quantify the utility improvements of multiple distinct rollouts of publically available Level 2 electric vehicle supply equipment (EVSE) in the Seattle, Washington, metropolitan area. Publically available data on existing Level 2 EVSE are also used as an input to BLAST-V. The resulting vehicle utility is compared to a number of mock rollout scenarios. Discussion focuses on the estimated number of Level 2 stations necessary to substantially increase vehicle utility and how stations can be strategically sited to maximize their potential benefit to prospective electric vehicle owners.

76 FR 6653 - Public Housing Capital Fund Program

Science.gov (United States)

2011-02-07

... integrated utility management, capital planning, and other capital and management activities that maximize...; heating system replacements; wall insulation; site-based generation; advanced energy savings technologies... new and/or revised CFP forms, including the CFP Annual Statement/Performance and Evaluation Report...

Private–public partnerships: A mechanism for freight transport infrastructure delivery?

Directory of Open Access Journals (Sweden)

Hans W. Ittmann

2017-02-01

Full Text Available Background: Freight transport infrastructure is an indispensable requirement for economic growth, development and prosperity. Public–private partnerships (PPPs, as a mechanism to fund and construct freight transport infrastructure, have been suggested by many in private and public sectors. Objectives: The concept of PPPs is dealt with, and the relevance of this mechanism is expanded upon. It is clear that PPPs in the rail environment present huge challenges and complexities. The objective was to determine whether PPPs are a viable mechanism to fund freight transport infrastructure in South Africa. Method: Experiences with rail PPPs worldwide have shown that many failures occurred implementing these. The challenges and complexities of PPPs, in the freight rail environment, are highlighted together with the benefits, risks and best practices of PPPs. It is shown that suitable policies, legislation and regulations concerning PPPs are in place in South Africa. Results: A proper framework and methodology to proceed should be in place. PPPs take time and are complex. Government involvement remains essential. Firm contractual agreements between parties are essential. Risk handling, risk sharing and the magnitude of risks should be clarified with agreement on where the risks reside. Financial viability, with value for money (VfM and financial benefits for private sector role players are non-negotiable. Conclusion: Appropriate legislation for implementing PPPs must be in place while two further important elements are economic circumstances and proper project execution. Taking all these factors into consideration, the freight transport sector can only benefit from successfully negotiated and implemented PPPs.

Between Public - Private Partnerships and public finance in the public infrastructure sector: The water and sanitation sector in Albania

Directory of Open Access Journals (Sweden)

Fjona Zeneli

2017-03-01

Full Text Available It’s known in the literature that public-private partnerships (PPPs are one the main instruments that permit private collaboration in projects that are public otherwise. It’s also clear that their implementation is different depending on the rules of the countries, their market level of acceptance etc. The first objective of this paper is to revise PPPs projects in the water sector in Albania, seen in the context of alternative financing ways for joint-stock companies of Albanian water sector, due to the nature of the market (a developing emerging market, in the context of bad financial times after 2008 (the start of the international financial crisis. The second objective is to describe the development of the Albanian legislation for management contracts introduced for the first time in the waters and sanitation sector in 2004 and privatization practices in public sector. The main conclusion is that in the developing markets creating possibilities for private sector participation in the infrastructure public services (especially in the drinking water and sanitation sector will be seen with skepticism because of failed previous privatization practices or the sensitivity degree of the water sector related to the penetration level of private factor in the sector. Public finance will be explored as a convenient alternative.

Virtual-optical information security system based on public key infrastructure

Science.gov (United States)

Peng, Xiang; Zhang, Peng; Cai, Lilong; Niu, Hanben

2005-01-01

A virtual-optical based encryption model with the aid of public key infrastructure (PKI) is presented in this paper. The proposed model employs a hybrid architecture in which our previously published encryption method based on virtual-optics scheme (VOS) can be used to encipher and decipher data while an asymmetric algorithm, for example RSA, is applied for enciphering and deciphering the session key(s). The whole information security model is run under the framework of international standard ITU-T X.509 PKI, which is on basis of public-key cryptography and digital signatures. This PKI-based VOS security approach has additional features like confidentiality, authentication, and integrity for the purpose of data encryption under the environment of network. Numerical experiments prove the effectiveness of the method. The security of proposed model is briefly analyzed by examining some possible attacks from the viewpoint of a cryptanalysis.

SOA-based RFID public services infrastructure: architecture and its core services

Institute of Scientific and Technical Information of China (English)

Zeng Junfang; Li Ran; Luo Jin; Liu Yu

2009-01-01

Radio frequency identification (RFID) has prominent advantages compared with other auto-identification technologies. Combining RFID with network technology, physical object tracking and information sharing can possibly be carried out in an innovative way. Regarding open-loop RFID applications, RFID public services infrastructure (PSI) is presented, PSI architecture is designed, and service modules are implemented, and a demonstrative application system, blood management and traceability system, is studied to verify PSI. Experimental results show the feasibility of the proposed architecture and the usability of PSI framework software.

Beacon Charter School Needs a School: A Case of Capital Outlay of Charters in a Public District

Science.gov (United States)

Wronowski, Meredith L.

2017-01-01

The case study presented below is a representation of a real-world, ongoing situation involving a public school district's capital outlay for charter schools within its boundaries. One particular charter, Beacon Charter School, was promised a permanent building by the public school district that also acts as its authorizer. However, recent events…

77 FR 14514 - TGP Granada, LLC v. Public Service Company of New Mexico; Tortoise Capital Resources Corp...

Science.gov (United States)

2012-03-12

...] TGP Granada, LLC v. Public Service Company of New Mexico; Tortoise Capital Resources Corp.: Notice of...), and 385.212 (2012), TGP Granada, LLC (Complainant) filed (1) a formal complaint against the Public... waives sections 22.2 and 23.2 of the PNM tariff, to allow TGP to change the POR without losing its...

American Recovery and Reinvestment Act-comparative effectiveness research infrastructure investments: emerging data resources, tools and publications.

Science.gov (United States)

Segal, Courtney; Holve, Erin

2014-11-01

The Recovery Act provided a substantial, one-time investment in data infrastructure for comparative effectiveness research (CER). A review of the publications, data, and tools developed as a result of this support has informed understanding of the level of effort undertaken by these projects. Structured search queries, as well as outreach efforts, were conducted to identify and review resources from American Recovery and Reinvestment Act of 2009 CER projects building electronic clinical data infrastructure. The findings from this study provide a spectrum of productivity across a range of topics and settings. A total of 451 manuscripts published in 192 journals, and 141 data resources and tools were identified and address gaps in evidence on priority populations, conditions, and the infrastructure needed to support CER.

Public private partnerships - risk management in engineering infrastructure projects

OpenAIRE

2012-01-01

M.Phil. Economic growth and the provision of adequate infrastructure are highly interrelated. Infrastructure- plays a critical role in promoting economic growth through enhancing productivity, improving competitiveness, reducing poverty, linking people and organisations together through telecommunications and contributing to environmental sustainability. Population growth and rapid urbanisation have placed enormous pressure on existing infrastructure, thus presenting a daunting challenge t...

Strategic Environmental Assessment and Environmental Auditing in Large-scale Public Infrastructure Construction: the case of Qinghai-Tibet Railway

NARCIS (Netherlands)

He, G.; Zhang, L.; Lu, Y.

2009-01-01

Large-scale public infrastructure projects have featured in China’s modernization course since the early 1980s. During the early stages of China’s rapid economic development, public attention focused on the economic and social impact of high-profile construction projects. In recent years, however,

Efficiency improvement of the investment and innovation activities in the transport facility construction field with public-private partnership involvement

Science.gov (United States)

Shibayeva, Marina; Serebryakova, Yelena; Shalnev, Oleg

2017-10-01

Growing demand to increase the investment volume in modernization and development projects for transport infrastructure define the urgency of the current study. The amount of private sector investments in the field is insufficient to implement the projects for road construction due to their significant capital intensity and long payoff period. The implementation of social significant infrastructure projects on the principles of public-private partnership is one of the key strategic directions of growth for transport facilities. The authors come up with a concept and methodology for modeling the investment and innovation activity in the transport facility construction. Furthermore, there is developed a model to find the balance between public and private sector investments in implementing construction projects for transport infrastructure with involvement of PPP (further - public-private partnership). The suggested concepts aim to improve the efficiency rate of the investment and innovation activity in the field of transport facility construction on the basis of public and private sectors collaboration.

Making green infrastructure healthier infrastructure.

Science.gov (United States)

Lõhmus, Mare; Balbus, John

2015-01-01

Increasing urban green and blue structure is often pointed out to be critical for sustainable development and climate change adaptation, which has led to the rapid expansion of greening activities in cities throughout the world. This process is likely to have a direct impact on the citizens' quality of life and public health. However, alongside numerous benefits, green and blue infrastructure also has the potential to create unexpected, undesirable, side-effects for health. This paper considers several potential harmful public health effects that might result from increased urban biodiversity, urban bodies of water, and urban tree cover projects. It does so with the intent of improving awareness and motivating preventive measures when designing and initiating such projects. Although biodiversity has been found to be associated with physiological benefits for humans in several studies, efforts to increase the biodiversity of urban environments may also promote the introduction and survival of vector or host organisms for infectious pathogens with resulting spread of a variety of diseases. In addition, more green connectivity in urban areas may potentiate the role of rats and ticks in the spread of infectious diseases. Bodies of water and wetlands play a crucial role in the urban climate adaptation and mitigation process. However, they also provide habitats for mosquitoes and toxic algal blooms. Finally, increasing urban green space may also adversely affect citizens allergic to pollen. Increased awareness of the potential hazards of urban green and blue infrastructure should not be a reason to stop or scale back projects. Instead, incorporating public health awareness and interventions into urban planning at the earliest stages can help insure that green and blue infrastructure achieves full potential for health promotion.

[Public health infrastructure investment difficulties in Chile: concessions and public tenders].

Science.gov (United States)

Goyenechea, Matías

2016-05-12

This paper seeks to highlight the problems of gaps in health infrastructure in Chile, and to analyze the mechanisms by which it is provided. In Chile this is done in two ways: the first is through competitive bidding or sector-wide modality. The second way is through hospital concessions. Both mechanisms have had difficulties in recent years, which are reported. Finally, we propose ways to improve the provision of health infrastructure in Chile.

Social capital and health during pregnancy

DEFF Research Database (Denmark)

Agampodi, Thilini Chanchala; Rheinlaender, Thilde; Agampodi, Suneth Buddhika

2017-01-01

Background: Dimensions of social capital relevant to health in pregnancy are sparsely described in the literature.This study explores dimensions of social capital and the mechanisms in which they could affect the health of ruralSri Lankan pregnant women.Methods: An exploratory qualitative study......-diary interviews.Sixteen key informant interviews were conducted with public health midwives and senior community dwellers.We identified ten cognitive and five structural constructs of social capital relevant to health in pregnancy. Domesticand neighborhood cohesion were the most commonly expressed constructs....... Social support was limited to supportfrom close family, friends and public health midwives. A high density of structural social capital was observed in themicro-communities. Membership in local community groups was not common. Four different pathways by whichsocial capital could influence health...

Social capital, neighbourhood characteristics and utilisation of local public health services among domestic migrants in China: a cross-sectional study.

Science.gov (United States)

Hou, Zhiyuan; Lin, Senlin; Zhang, Donglan

2017-08-18

We examined the association between structural social capital and public health services use, and explored the modifiable effect of neighbourhood factors on this association among domestic migrants in China. Data were from a 2014 nationally representative cross-sectional sample of domestic migrants aged 15-59 years in China. Survey-weighted logistic regression models were applied to assess the association between structural social capital, measured by participation in social organisations and social activities, and use of public health services. Interaction terms between neighbourhood urban status, neighbourhood composition and social capital were further assessed in the models. Migrants who participated in social organisations were more likely to establish health records (OR 1.467, 95% CI 1.201 to 1.793) and receive health education information (OR 1.729, 95% CI 1.484 to 2.016) than those who did not. Participation in social activities was positively associated with establishing health records only in urban communities (OR 1.853, 95% CI 1.060 to 3.239), and it was positively linked to receiving health education information among those living with a higher percentage of local neighbours (OR 1.451, 95% CI 1.044 to 2.017). Structural social capital was related to an increased utilisation of local public health services among migrants. The findings of this study provided new evidence for the differential influences of social capital by neighbourhood characteristics in China, which suggested the importance to enhance social capital in rural/suburban communities and communities where the majority of the residents were migrants. © Article author(s) (or their employer(s) unless otherwise stated in the text of the article) 2017. All rights reserved. No commercial use is permitted unless otherwise expressly granted.

Event and Community Development: Planning Legacy for the 2008 European Capital of Culture, Liverpool

Directory of Open Access Journals (Sweden)

Yi-De Liu

2017-12-01

Full Text Available Event legacy has become a major topic of discussion in recent years. Especially, European Capital of Culture is emerging as a means of facilitating community development in Europe. Based on a case study of the 2008 European Capital of Culture Liverpool, this article aims to conceptualise the relationship between an event and its sustained effects on community development. Methodologically, adopting case study as approach, both primary and secondary were collected and analysed, including four times neighborhood surveys, official evaluation reports and academic publications. The study period is from 2007 to 2015 to monitor changes in an event’s impacts. The results reveal four dimensions of effects, including: cultural access and engagement, volunteering, governance and infrastructure, and sense of place. Overall, the study stresses the importance of integrating the event into a long-term development strategy of the city, through synergies between culture and urban regeneration and community renewal.

A systematic framework for infrastructure development through public private partnerships

Directory of Open Access Journals (Sweden)

Xueqing Zhang

2013-03-01

Full Text Available Public–private partnerships (PPPs play an important role in bringing private sector competition to public monopolies in infrastructure development and service provision and in merging the resources of both public and private sectors to better serve the public needs. However, in worldwide practices, there are mixed results, substantial controversy, criticism and conflict over PPPs. This paper proposes a systematic framework for the delivery of public works and services through PPPs in general. Justified by public procurement principles, aimed at a public–private win–win solution, and based on worldwide best industrial practices and lessons from unsuccessful projects, this framework integrates the four broadly divided stages that repeat over time: (1 design of a workable concession, (2 competitive concessionaire selection, (3 financial regulation, and (4 periodic reconcession and rebidding. The four-stage framework takes into account the requirements of public services, realignment of responsibility and reward among multiple participants in PPPs, the monopolistic rights of the concessionaire, and the wide range of risks and uncertainties in the long concession period. Varying competition elements are incorporated in each of the four stages for continuous performance improvement in the delivery of public works and services. The design of the right concession forms the base on which other stages are implemented in addition to planning the project and allocating risks for enhanced efficiency. The financial regulation allows the government to address changing conditions and to regulate the concession for efficient operation with due discretion, whereas the competitive concessionaire selection and periodic reconcession and rebidding play critical roles in achieving innovation, efficiency and cost effectiveness through direct competition rather than government discretionary intervention.

Modeling the resilience of urban water supply using the capital portfolio approach

Science.gov (United States)

Krueger, E. H.; Klammler, H.; Borchardt, D.; Frank, K.; Jawitz, J. W.; Rao, P. S.

2017-12-01

The dynamics of global change challenge the resilience of cities in a multitude of ways, including pressures resulting from population and consumption changes, production patterns, climate and landuse change, as well as environmental hazards. Responses to these challenges aim to improve urban resilience, but lack an adequate understanding of 1) the elements and processes that lead to the resilience of coupled natural-human-engineered systems, 2) the complex dynamics emerging from the interaction of these elements, including the availability of natural resources, infrastructure, and social capital, which may lead to 3) unintended consequences resulting from management responses. We propose a new model that simulates the coupled dynamics of five types of capitals (water resources, infrastructure, finances, political capital /management, and social adaptive capacity) that are necessary for the provision of water supply to urban residents. We parameterize the model based on data for a case study city, which is limited by constraints in water availability, financial resources, and faced with degrading infrastructure, as well as population increase, which challenge the urban management institutions. Our model analyzes the stability of the coupled system, and produces time series of the capital dynamics to quantify its resilience as a result of the portfolio of capitals available to usher adaptive capacity and to secure water supply subjected to multiple recurring shocks. We apply our model to one real urban water supply system located in an arid environment, as well as a wide range of hypothetical case studies, which demonstrates its applicability to various types of cities, and its ability to quantify and compare water supply resilience. The analysis of a range of urban water systems provides valuable insights into guiding more sustainable responses for maintaining the resilience of urban water supply around the globe, by showing how unsustainable responses risk the

MANDATORY TAKEOVER BIDS ON ROMANIAN CAPITAL MARKET

Directory of Open Access Journals (Sweden)

Cristian GHEORGHE

2017-05-01

Full Text Available The Romanian Capital Market Law (Law no 297/2004 lays down rules regarding public offers (to buy or sell of securities admitted to trading on a regulated market. Such offers are not unknown in the general framework of companies’ regulations, i.e. Company Law no 31/1990. Actually a public limited liability company (joint stock company can use a public subscriptions (offering shares for sale to raise the registered capital for incorporation of the company or to increase the company’s share capital already established. But all such operations are voluntary decisions. The founders or the shareholders of the company are those who decide to launch a public subscriptions. Capital Market Law comes with something new and at least peculiar at first sight: mandatory takeover bid, meaning a mandatory public offer made by an offeror to the holders of the securities of a company (offeree to acquire all or some of those securities. Can someone be forced to buy securities on the regulated market? The Capital Market Law responds affirmatively, but only if such takeover bid follows or has as its objective the acquisition of control of the offeree company in accordance with national law. The takeover bid remains under supervision and authorization of the national authority of the Capital Market (FSA – Financial Supervisory Authority.

Infrastructure Commons in Economic Perspective

Science.gov (United States)

Frischmann, Brett M.

This chapter briefly summarizes a theory (developed in substantial detail elsewhere)1 that explains why there are strong economic arguments for managing and sustaining infrastructure resources in an openly accessible manner. This theory facilitates a better understanding of two related issues: how society benefits from infrastructure resources and how decisions about how to manage or govern infrastructure resources affect a wide variety of public and private interests. The key insights from this analysis are that infrastructure resources generate value as inputs into a wide range of productive processes and that the outputs from these processes are often public goods and nonmarket goods that generate positive externalities that benefit society as a whole. Managing such resources in an openly accessible manner may be socially desirable from an economic perspective because doing so facilitates these downstream productive activities. For example, managing the Internet infrastructure in an openly accessible manner facilitates active citizen involvement in the production and sharing of many different public and nonmarket goods. Over the last decade, this has led to increased opportunities for a wide range of citizens to engage in entrepreneurship, political discourse, social network formation, and community building, among many other activities. The chapter applies these insights to the network neutrality debate and suggests how the debate might be reframed to better account for the wide range of private and public interests at stake.

Conceptual framework for public-private partnerships model for water services infrastructure assets: case studies from municipalities in the Limpopo and Gauteng provinces

CSIR Research Space (South Africa)

Matji, MP

2015-05-01

Full Text Available This paper presents a framework for public-private partnerships PPP) in local government water services infrastructure. Water services infrastructure assets are key to the provision of basic services. Data were collected from various stakeholders, i...

Municipal Bonds. A Viable Funding Option For Oradea Local Public Administration (Romania

Directory of Open Access Journals (Sweden)

Liliana Bunescu

2010-10-01

Full Text Available In a market economy government resources are often insufficient to cover all the public budget needs. Public capital collecting process presents a particular interest considering the need of getting them with lower costs. The options for collecting public resources are characterized by diversity and complexity. One of them is based on municipal bonds funds. This paper explores the potential of public bonds issued at a local level in raising capital for infrastructure investments in Romanian public administration. This paper is not meant to be an empirical study at national level because sub-sovereign bonds market in Romania is not very developed. This paper is limited to a case study of public financing methods for a Romanian local public administration. Local authorities from Oradea have no other possibility without one of borrowing to achieve the objectives proposed. Thus, it resorted to a set of internal and external loans. Our study contents a comparative cost analysis of public financing by loans. The analysis lead to the result that the cheapest source of financing is the loan offered by the European Investment Bank, followed by municipal bonds issuing.

Making green infrastructure healthier infrastructure

Directory of Open Access Journals (Sweden)

Mare Lõhmus

2015-11-01

Full Text Available Increasing urban green and blue structure is often pointed out to be critical for sustainable development and climate change adaptation, which has led to the rapid expansion of greening activities in cities throughout the world. This process is likely to have a direct impact on the citizens’ quality of life and public health. However, alongside numerous benefits, green and blue infrastructure also has the potential to create unexpected, undesirable, side-effects for health. This paper considers several potential harmful public health effects that might result from increased urban biodiversity, urban bodies of water, and urban tree cover projects. It does so with the intent of improving awareness and motivating preventive measures when designing and initiating such projects. Although biodiversity has been found to be associated with physiological benefits for humans in several studies, efforts to increase the biodiversity of urban environments may also promote the introduction and survival of vector or host organisms for infectious pathogens with resulting spread of a variety of diseases. In addition, more green connectivity in urban areas may potentiate the role of rats and ticks in the spread of infectious diseases. Bodies of water and wetlands play a crucial role in the urban climate adaptation and mitigation process. However, they also provide habitats for mosquitoes and toxic algal blooms. Finally, increasing urban green space may also adversely affect citizens allergic to pollen. Increased awareness of the potential hazards of urban green and blue infrastructure should not be a reason to stop or scale back projects. Instead, incorporating public health awareness and interventions into urban planning at the earliest stages can help insure that green and blue infrastructure achieves full potential for health promotion.

Road infrastructure, spatial spillover and county economic growth

Science.gov (United States)

Hu, Zhenhua; Luo, Shuang

2017-09-01

This paper analyzes the spatial spillover effect of road infrastructure on the economic growth of poverty-stricken counties, based on the spatial Durbin model, by using the panel data of 37 poor counties in Hunan province from 2006 to 2015. The results showed that there is a significant spatial dependence of economic growth in Poor Counties. Road infrastructure has a positive impact on economic growth, and the results will be overestimated without considering spatial factors. Considering the spatial factors, the road infrastructure will promote the economic growth of the surrounding areas through the spillover effect, but the spillover effect is restricted by the distance factor. Capital investment is the biggest factor of economic growth in poor counties, followed by urbanization, labor force and regional openness.

Macroeconomic Conditions and Capital Raising

OpenAIRE

Isil Erel; Brandon Julio; Woojin Kim; Michael S. Weisbach

2011-01-01

Do macroeconomic conditions affect firms' abilities to raise capital? If so, how do they affect the manner in which the capital is raised? We address these questions using a large sample of publicly-traded debt issues, seasoned equity offers, bank loans and private placements of equity and debt. Our results suggest that a borrower's credit quality significantly affects its ability to raise capital during macroeconomic downturns. For noninvestment-grade borrowers, capital raising tends to be p...

Common Criteria for Information Technology Security Evaluation: Department of Defense Public Key Infrastructure and Key Management Infrastructure Token Protection Profile (Medium Robustness)

Science.gov (United States)

2002-03-22

may be derived from detailed inspection of the IC itself or from illicit appropriation of design information. Counterfeit smart cards can be mass...Infrastructure (PKI) as the Internet to securely and privately exchange data and money through the use of a public and a private cryptographic key pair...interference devices (SQDIS), electrical testing, and electron beam testing. • Other attacks, such as UV or X-rays or high temperatures, could cause erasure

The Contribution of the Publicly Funded R&D Capital to Productivity Growth and an application to the Greek food and beverages industry

OpenAIRE

Mamatzakis, E

2009-01-01

This paper follows the dual cost function methodology and develops a theoretical specification that assesses the contribution of public R&D capital to the productivity growth. The empirical application focuses on Greek food and beverages industry. For this purpose it employs a micro-aggregated annual data set over the period 1976-2002. The regression analysis shows that publicly funded R&D capital is a productive input as 8.7 percent and 7.3 percent of the total factor productivity growth in...

The Public Good and Academic Capitalism: Science and Engineering Doctoral Students and Faculty on the Boundary of Knowledge Regimes

Science.gov (United States)

Szelényi, Katalin; Bresonis, Kate

2014-01-01

This article examines the research-related experiences of 48 doctoral students and 22 faculty in science and engineering fields at three research universities, with specific emphasis on the intersection of the public good and academic capitalism. Identifying an expansive, intersecting organizational space between the public good and academic…

Private equity and venture capital: investment fund structures in the Czech Republic

Directory of Open Access Journals (Sweden)

Marek Zinecker

2011-01-01

Full Text Available A working private equity and venture capital market (PE/VC market stimulates the business environment in a positive manner and impacts the level of economic growth of national economies. A study of the Austrian Private Equity and Venture Capital Organisation/AVCO (2004, p. 6 defines prerequisites for a correct operation of the PE/VC market. It views the legislative provision for suitable legal fund structures for PE/VC investments and their tax treatment as a key factor. In its publication, Private Equity & Venture Capital in the Czech Republic (2010, p. 14, the Czech Venture Capital Association/CVCA stresses that legal barriers are an important reason behind the limited scope of resources available to domestic PE/VC funds. Legal barriers prevent the establishment of a standard PE/VC fund in the territory of the Czech Republic, which fact in turn has a negative impact on the level of development of the domestic PE/VC market (fundraising, investment volumes, establishment of the infrastructure required for the operation of PE/VC funds. The purpose of this article is, based on an analysis of the relevant information sources, to assess how the current Czech legislation regulates the legal fund structures for PE/VC investments and their tax treatment. Proposals for a potential improvement of the situation are based on a comparison of the legislative framework applicable in the Czech Republic and the requirements defined by the European Venture Capital Association/EVCA, as well as the AVCO study (2004, 2006.

Basic infrastructure for a nuclear power project

International Nuclear Information System (INIS)

2006-06-01

There are several stages in the process of introducing nuclear power in a country. These include development of nuclear policies and regulations, feasibility studies, public consultations, technology evaluation, requests for proposals and evaluations, contracts and financing, supply, construction, commissioning, operation and finally decommissioning. This publication addresses the 'basic' infrastructure needs, which are adequate until the issue of the construction license. It is obvious that a fully developed nuclear infrastructure will be required for the further implementation stages of a nuclear power reactor. The officials and experts in each country will undertake the transition from a basic infrastructure to a fully developed infrastructure that covers the stages of construction, commissioning, operation and decommissioning. The publication is directed to provide guidance for assessing the basic infrastructure necessary for: - A host country to consider when engaging in the implementation of nuclear power, and - A supplier country to consider when assessing whether the recipient country is in an acceptable condition to begin the implementation of a nuclear power project. The target users are decision makers, advisers and senior managers in the governmental organizations, utilities, industrial organizations and regulatory bodies in the countries adopting nuclear power programmes or exporting supplies for these programmes. The governmental organizations that may find this publication useful include: Ministries of Economy, Energy, Foreign Affairs, Finance, Mining, Internal Affairs, Academic Institutions, Nuclear Energy Agencies and Environmental Agencies. This publication was produced within the IAEA programme directed to increase the capability of Member States to plan and implement nuclear power programmes and to establish and enhance national nuclear infrastructure. This publication should be used in conjunction with the IAEA Safety Standards Series and other

U.S. Infrastructure : funding trends and Federal agencies investment estimates

Science.gov (United States)

2001-07-01

This is the statement of Peter F. Guerrero, Director, Physical Infrastructure Issues before the Subcommittee on Transportation and Infrastructure, Committee on Environment and Public Works, U.S. Senate regarding public infrastructure. The testimony d...

A Distributed Public Key Infrastructure Based on Threshold Cryptography for the HiiMap Next Generation Internet Architecture

Directory of Open Access Journals (Sweden)

Oliver Hanka

2011-02-01

Full Text Available In this article, a security extension for the HiiMap Next Generation Internet Architecture is presented. We regard a public key infrastructure which is integrated into the mapping infrastructure of the locator/identifier-split addressing scheme. The security approach is based on Threshold Cryptography which enables a sharing of keys among the mapping servers. Hence, a more trustworthy and fair approach for a Next Generation Internet Architecture as compared to the state of the art approach is fostered. Additionally, we give an evaluation based on IETF AAA recommendations for security-related systems.

75 FR 17407 - Energy Efficiency of the Natural Gas Infrastructure and Operations Conference; Notice of Public...

Science.gov (United States)

2010-04-06

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. AD09-11-000] Energy Efficiency of the Natural Gas Infrastructure and Operations Conference; Notice of Public Conference March 31... Room on the second floor of the offices of the Federal Energy Regulatory Commission, 888 First Street...

Why has productivity growth declined? Productivity and public investment

OpenAIRE

Alicia H. Munnell

1990-01-01

The decline in United States productivity has been widely identified as one of the major economic problems facing the nation. This concern is understandable; productivity growth is the major determinant of the future standard of living. Economists have gone to great lengths to try to identify the reasons for the slowdown, and David Aschauer recently introduced the notion that the stock of public infrastructure, as well as the stock of private capital, may be a key to explaining changes in out...

42 CFR 412.302 - Introduction to capital costs.

Science.gov (United States)

2010-10-01

... 42 Public Health 2 2010-10-01 2010-10-01 false Introduction to capital costs. 412.302 Section 412... Inpatient Hospital Capital Costs General Provisions § 412.302 Introduction to capital costs. (a) New capital... revision of the debt instrument. (iii) If short-term financing was used to acquire old capital assets and...

Spatial Data Envelopment Analysis Method for the Evaluation of Regional Infrastructure Disparities

Directory of Open Access Journals (Sweden)

Birutė Galinienė

2012-12-01

Full Text Available Purpose—to achieve a more detailed assessment of regional differences, exploring regional infrastructure and human capital usage efficiency and to display analysis capabilities of spatial data efficient frontier method.Design/methodology/approach—the data envelopment analysis (DEA is applied to find the efficient frontier, which extends the application of production function of the regions. This method of mathematical programming optimization allows assessing the effectiveness of the regional spatial aspects presented. In recent studies this method is applied for evaluating the European Union regional policy issues.Findings—the application of DEA reveals its feasibility for regional input and output studies to evaluate more detailed and more reasonable fund allocation between Lithuanian regions. This analysis shows that in the comparatively efficient Lithuanian regions, such as Vilnius and Klaipėda, “the bottleneck” of usage of transport infrastructure and regional specific human capital is reached. It is stated that decision-making units could enhance region attractiveness for private investors by improving indirect factors in these regions. For practical significance of the study the results are compared with German regional analysis, conducted by Schaffer and other researchers (2011.Practical implications—the practical value of this work is based on giving more accurate planning tools for fund allocation decisions in Lithuanian regions while planning infrastructure and human capital development. The regional indicators were analyzed for 2010.Research type—case study.

European environmental research infrastructures are going for common 30 years strategy

Science.gov (United States)

Asmi, Ari; Konjin, Jacco; Pursula, Antti

2014-05-01

Environmental Research infrastructures are facilities, resources, systems and related services that are used by research communities to conduct top-level research. Environmental research is addressing processes at very different time scales, and supporting research infrastructures must be designed as long-term facilities in order to meet the requirements of continuous environmental observation, measurement and analysis. This longevity makes the environmental research infrastructures ideal structures to support the long-term development in environmental sciences. ENVRI project is a collaborative action of the major European (ESFRI) Environmental Research Infrastructures working towards increased co-operation and interoperability between the infrastructures. One of the key products of the ENVRI project is to combine the long-term plans of the individual infrastructures towards a common strategy, describing the vision and planned actions. The envisaged vision for environmental research infrastructures toward 2030 is to support the holistic understanding of our planet and it's behavior. The development of a 'Standard Model of the Planet' is a common ambition, a challenge to define an environmental standard model; a framework of all interactions within the Earth System, from solid earth to near space. Indeed scientists feel challenged to contribute to a 'Standard Model of the Planet' with data, models, algorithms and discoveries. Understanding the Earth System as an interlinked system requires a systems approach. The Environmental Sciences are rapidly moving to become a one system-level science. Mainly since modern science, engineering and society are increasingly facing complex problems that can only be understood in the context of the full overall system. The strategy of the supporting collaborating research infrastructures is based on developing three key factors for the Environmental Sciences: the technological, the cultural and the human capital. The technological

Strategic Policy Competition with Public Infrastructure

NARCIS (Netherlands)

Nahuis, R.; Tang, P.J.G.

2004-01-01

Governments try to attract firms and jobs by investing in international infrastructure. We analyse this type of strategic policy competition in a three-country model of monopolistic competition. What governments compete for, is to obtain a so called ‘hub’ position. A hub is a relatively well

Steam, solarization, and tons of prevention: the San Francisco Public Utilities Commission's fight to contain Phytophthoras in San Francisco Bay area restoration sites

Science.gov (United States)

Greg Lyman; Jessica Appel; Mia Ingolia; Ellen Natesan; Joe Ortiz

2017-01-01

To compensate for unavoidable impacts associated with critical water infrastructure capital improvement projects, the San Francisco Public Utilities Commission (SFPUC) restored over 2,050 acres of riparian, wetland, and upland habitat on watershed lands in Alameda, Santa Clara, and San Mateo Counties. Despite strict bio-sanitation protocols, plant pathogens (...

Private investments in new infrastructures

NARCIS (Netherlands)

Baarsma, B.; Poort, J.P.; Teulings, C.N.; de Nooij, M.

2004-01-01

The Lisbon Strategy demands large investments in transport projects, broadband networks and energy infrastructure. Despite the widely-acknowledged need for investments in new infrastructures, European and national public funds are scarce in the current economic climate. Moreover, both policy-makers

Financing Trans-European Energy Infrastructures - Past, Present and Perspectives

International Nuclear Information System (INIS)

Hirschhausen, Christian von

2011-01-01

The transformation of the European energy system towards a low carbon industry requires substantial investment and financing. According to the Energy Infrastructure Package (EIP), around one trillion euros must be invested in the European energy system until 2020. Out of the euro 200 billion required investment for transmission networks, only half of the capital will be provided by markets. This leaves a financial gap of ca. euro 100 bn. and poses a question on the EU role in financing European energy infrastructures. This policy paper by Christian Von Hirschhausen focuses on the future financing of trans-European energy infrastructures. After providing an overview of the long-term infrastructure needs and of the various instruments that currently exist to finance these infrastructures, the author discusses various aspects related with the planning and financing of cross border energy infrastructures with the help of a case study: the North Sea Grid Project. On the basis of the North Sea example, he highlights the importance of adopting a regulatory approach balancing European and Member States' interests as well as of streamlining and expanding the EU financial support to sustainable energy infrastructures

Comparative Prospects of the New Development Bank and Asian Infrastructure Investment Bank

Directory of Open Access Journals (Sweden)

Andrei Shelepov

2016-11-01

Full Text Available In this article the author focuses on the recently established New Development Bank (NDB and Asian Infrastructure Investment Bank (AIIB. It identifies two factors of demand for this new model of multilateral development banks (MDBs, namely a lack of infrastructure financing and the aspirations of developing countries for a greater role in the global financial system. The author also compares the NDB and AIIB according to membership, management structure, distribution of capital and votes, and options for attracting capital in the financial market. Based on this comparison, he forecasts the banks’ credit portfolios growth until 2025. The author concludes that both institutions should accumulate and use the best practices of existing MDBs, improve their image to attract investors and actively engage in sharing expertise and co-financing projects with development institutions as well as commercial banks. By doing so, the volume of their operations could reach $40 billion per year in 10 years, which is close to the volume of infrastructure financing provided by major traditional banks, and could contribute substantially to addressing the financing needs of developing countries.

USE OF PUBLIC-PRIVATE PARTNERSHIP FOR DEVELOPMENT OF INFRASTRUCTURE

Directory of Open Access Journals (Sweden)

Igor Viktorovich Linev

2016-01-01

Full Text Available Need of research and introduction of innovative mechanisms of growth of economy of Russia in the conditions of the accruing crisis tendencies and external restrictions causes relevance of consideration of close interaction and mutually providing production and social infrastructures of the economic development forming additional eff ects in all variety of branches of industrial complex. Formation becomes the initiating factor of such interaction in modern conditions and eff ective use of domestic enterprise potential a necessary condition of which is state – private partnership (PPP. In this regard it is necessary to consider problems and problems of formation of conditions, forms and methods of use of PPP, for development of infrastructure as necessary complex of BasicElements of formation of advanced socially oriented market economy. As an object of research in article the organizational and economic relations assuming eff ective partnership of the government and private institutions for formation of complete and highly eff ective system of the production and social infrastructure causing an intensifi cation of synergetic and multiplicative eff ects of development of a civilized society are considered. Purposes/tasks. The main objective of a statement of materials in this article consists in theoretical justifi cation of basic provisions of realization of PPP in system of production and social infrastructure. The task to prove need of application of PPP for strengthening of multiplicative eff ect at development of this system is set. Methodology. In the methodological plan this work represents the state-of-the-art review of the social and economic processes happening in system of social and production infrastructure. When writing article the complex of general scientifi c methods of research including generalization, economical and statistical, system and analytical cluster and others was applied Results. As a result of performance of this

GOVERNMENT INTERVENTIONS IN THE VENTURE CAPITAL MARKET HOW JEREMIE AFFECTS THE HUNGARIAN VENTURE CAPITAL MARKET?

Directory of Open Access Journals (Sweden)

Fazekas Balazs

2014-07-01

Full Text Available JEREMIE (Joint European Resources for Micro to Medium Enterprises program was implemented as a part of the EU cohesion policy in the framework of 2007-2013 programming period. The primary objective of the program was to enhance the financing prospects of SME’s through structural funds that provide financial engineering instruments like loan, guarantee and venture capital. This paper focuses on the effects of JEREMIE on Hungary’s venture capital market. Since 2010, 28 JEREMIE backed venture capital funds were founded in four rounds and 130 billion HUF capital was allocated into these funds with the contribution of Hungarian government. A well-established venture capital market can boost entrepreneurship and innovation, therefore economic growth which is the foundation of government involvement. On the other hand, there is an extensive literature highlighting the limits and possible drawbacks of the active role of public sector in the venture capital market. There is a consensus in the literature that in the long run the extensive role of government in venture capital industry is counterproductive. Substituting market participants by government agencies will hardly result in a competitive and efficient market. However, temporarily as a catalyst public sector can contribute to the development of venture capital market. Direct government intervention supportable temporarily only in the infancy of the industry. The primary objective of every program must be to develop the market to the level where it becomes self-sustaining. This way the success of these programs must not be measured only by the amount of invested capital, financial performance of venture capital funds and venture capital backed companies. Raising private sector awareness and the progress of necessary institutions are also the criteria of a successful program. During the design and implementation of venture capital agendas these aspects must be taken into consideration. This

capital. A discussion paper

Directory of Open Access Journals (Sweden)

Ewa Chojnacka

2015-04-01

Full Text Available The purpose of this study is to confront certain propositions presented in Lesław Niemczyk’s publication Rachunkowość finansowa aktywów kompetencyjnych i kapitału intelektualnego. Nowy dział rachunkowości(Accounting for Competence Assets and Intellectual Capital. A New Area in Accounting with ideas published in other studies. The authors discuss issues concerning firm value, selected definitions of intellectual capital, as well as certain methods of intellectual capital measurement and valuation. Other problems analysed include accounting for and reporting of intellectual capital and similarities and differences between the way those issues are presented in Polish and in international studies as well as in existing legal regulations and standards.

Importance of intellectual capital disclosure in Spanish universities

Directory of Open Access Journals (Sweden)

Yolanda Ramírez Córcoles

2013-09-01

Full Text Available Purpose: The increasing social concern about establishing procedures of accountability and ensuring information transparency in public universities prompted us to raise the need to disclose information on their intellectual capital.Design/methodology/approach: In this study we developed a questionnaire which was sent to members of the Social Councils of Spanish public universities, in order to identify which intangible elements university stakeholders demand most.Findings: The results of this research demonstrate how important it is for Spanish public universities to provide information on their intellectual capital in order to satisfy their stakedolders’ information needs.Practical implications: The results of this research lead us to recommend that universities include in their accounting statements the information on intellectual capital demanded by the different stakeholders.Originality/value: No previous research was conducted for Spanish universities. Our results represent a starting point for public universities to identify which is the most requested information about intellectual capital. 

Social capital, economics, and health: new evidence.

Science.gov (United States)

Scheffler, Richard M; Brown, Timothy T

2008-10-01

In introducing this Special Issue on Social Capital and Health, this article tracks the popularization of the term and sheds light on the controversy surrounding the term and its definitions. It sets out four mechanisms that link social capital with health: making information available to community members, impacting social norms, enhancing the health care services and their accessibility in a community, and offering psychosocial support networks. Approaches to the measurement of social capital include the Social Capital Community Benchmark Survey (SCCBS) developed by Robert Putnam, and the Petris Social Capital Index (PSCI), which looks at community voluntary organizations using public data available for the entire United States. The article defines community social capital (CSC) as the extent and density of trust, cooperation, and associational links and activity within a given population. Four articles on CSC are introduced in two categories: those that address behaviors -- particularly utilization of health services and use of tobacco, alcohol, and drugs; and those that look at links between social capital and physical or mental health. Policy implications include: funding and/or tax subsidies that would support the creation of social capital; laws and regulations; and generation of enthusiasm among communities and leaders to develop social capital. The next steps in the research programme are to continue testing the mechanisms; to look for natural experiments; and to find better public policies to foster social capital.

38 CFR 61.10 - Capital grants-general.

Science.gov (United States)

2010-07-01

...) VA HOMELESS PROVIDERS GRANT AND PER DIEM PROGRAM § 61.10 Capital grants—general. (a) VA provides capital grants to public or nonprofit private entities so they can assist homeless veterans by helping to... 38 Pensions, Bonuses, and Veterans' Relief 2 2010-07-01 2010-07-01 false Capital grants-general...

RETRACTED: The Mediating Effect of Social Capital on the Relationship Between Public Health Managers' Transformational Leadership and Public Health Nurses' Organizational Empowerment in Korea Public Health

Directory of Open Access Journals (Sweden)

Soo Young Jun, MPH, RN

2017-12-01

Full Text Available This article has been retracted: please see Elsevier Policy on Article Withdrawal (https://www.elsevier.com/about/our-business/policies/article-withdrawal.The Editor-in-Chief and ANR editorial board have decided to retract this article because the scientific integrity of the content cannot be guaranteed. The article shows evidence of redundant publication and falsification of instruments.This article was a duplicate of a paper that had already been published in Journal of the Korean Data & Information Science Society Vol 29, No. 3, May 2017. doi 10.7465/jkdi.2017.28.3.585 The identical data collection period, study sample, variables, and instruments between these two papers show strong evidence of plagiarism. One of the conditions of submission of a paper for publication is that authors declare explicitly that their work is original and has not appeared in a publication elsewhere. Re-use of any data should be appropriately cited.This article is published based on a master’s thesis (Kim YE. The effects of the transformational leadership of managers perceived by public health nurses and their social capital on empowerment [master’s thesis]. Dague (Korea: Kyungpook National University; 2016. p. 1-57. and the author of this dissertation is deleted. Inappropriate use of master’s thesis without appropriate disclosure and/or citation was made.The instruments [Multifactor leadership questionnaire (Kim DW. The relationship between transformational leadership and quality of nurses' care Service with nurses' organization citizenship behavior as a moderator. Health Soc Welf Rev. 2011;31(2:206e36. Korean, social capital (Han JW, Woo HY, Ju ES, Lim SH, Han SS. Effects of nurses' social capital on turnover intention: focused on the mediating effects organizational commitment and organizational cynicism. J Korean Acad Nurs. 2013;43(4:517e25. https://doi.org/10.4040/jkan.2013.43.4.517. Korean, and Organizational empowerment (Oh EH, Chung BY. The effect of

Infrastructure and Agricultural Growth in Nigeria | Ighodaro ...

African Journals Online (AJOL)

The provision of infrastructure in Nigeria, particularly physical infrastructure is characterized by the predominance of public enterprises except for telecommunications sector in recent time. The empirical part of the study revealed different relative response rates of the different component of infrastructure used in the study to ...

Social capital and maternal health care use in rural Ethiopia

NARCIS (Netherlands)

Sheabo Dessalegn, S.

2017-01-01

This thesis analyzes the effect of social capital on maternal health care use in rural Ethiopia. Reports show that in Ethiopia, despite the huge investment in health infrastructure and the deployment of health professionals to provide maternal health services free of charge, utilization remains low.

Mastering Microsoft Azure infrastructure services

CERN Document Server

Savill, John

2015-01-01

Understand, create, deploy, and maintain a public cloud using Microsoft Azure Mastering Microsoft Azure Infrastructure Services guides you through the process of creating and managing a public cloud and virtual network using Microsoft Azure. With step-by-step instruction and clear explanation, this book equips you with the skills required to provide services both on-premises and off-premises through full virtualization, providing a deeper understanding of Azure's capabilities as an infrastructure service. Each chapter includes online videos that visualize and enhance the concepts presented i

Time-varying Capital Requirements and Disclosure Rules

DEFF Research Database (Denmark)

Kragh, Jonas; Rangvid, Jesper

, implying that resilience in the banking system is also increased. The increase in capital ratios is partly due to a modest reduction in lending. Using a policy changes, we show that banks react stronger to changes in capital requirements when these are public. Our results further suggest that the impact......Unique and confidential Danish data allow us to identify how changes in disclosure requirements and bank-specific time-varying capital requirements affect banks' lending and capital accumu-lation decisions. We find that banks increase their capital ratios after capital requirements are increased...... of capital requirements differ for small and large banks. Large banks raise their capital ratios more, reduce lending less, and accumulate more new capital compared to small banks....

Web-GIS platform for green infrastructure in Bucharest, Romania

Science.gov (United States)

Sercaianu, Mihai; Petrescu, Florian; Aldea, Mihaela; Oana, Luca; Rotaru, George

2015-06-01

In the last decade, reducing urban pollution and improving quality of public spaces became a more and more important issue for public administration authorities in Romania. The paper describes the development of a web-GIS solution dedicated to monitoring of the green infrastructure in Bucharest, Romania. Thus, the system allows the urban residents (citizens) to collect themselves and directly report relevant information regarding the current status of the green infrastructure of the city. Consequently, the citizens become an active component of the decision-support process within the public administration. Besides the usual technical characteristics of such geo-information processing systems, due to the complex legal and organizational problems that arise in collecting information directly from the citizens, additional analysis was required concerning, for example, local government involvement, environmental protection agencies regulations or public entities requirements. Designing and implementing the whole information exchange process, based on the active interaction between the citizens and public administration bodies, required the use of the "citizen-sensor" concept deployed with GIS tools. The information collected and reported from the field is related to a lot of factors, which are not always limited to the city level, providing the possibility to consider the green infrastructure as a whole. The "citizen-request" web-GIS for green infrastructure monitoring solution is characterized by a very diverse urban information, due to the fact that the green infrastructure itself is conditioned by a lot of urban elements, such as urban infrastructures, urban infrastructure works and construction density.

Geography and the costs of urban energy infrastructure: The case of electricity and natural gas capital investments

Science.gov (United States)

Senyel, Muzeyyen Anil

Investments in the urban energy infrastructure for distributing electricity and natural gas are analyzed using (1) property data measuring distribution plant value at the local/tax district level, and (2) system outputs such as sectoral numbers of customers and energy sales, input prices, company-specific characteristics such as average wages and load factor. Socio-economic and site-specific urban and geographic variables, however, often been neglected in past studies. The purpose of this research is to incorporate these site-specific characteristics of electricity and natural gas distribution into investment cost model estimations. These local characteristics include (1) socio-economic variables, such as income and wealth; (2) urban-related variables, such as density, land-use, street pattern, housing pattern; (3) geographic and environmental variables, such as soil, topography, and weather, and (4) company-specific characteristics such as average wages, and load factor. The classical output variables include residential and commercial-industrial customers and sales. In contrast to most previous research, only capital investments at the local level are considered. In addition to aggregate cost modeling, the analysis focuses on the investment costs for the system components: overhead conductors, underground conductors, conduits, poles, transformers, services, street lighting, and station equipment for electricity distribution; and mains, services, regular and industrial measurement and regulation stations for natural gas distribution. The Box-Cox, log-log and additive models are compared to determine the best fitting cost functions. The Box-Cox form turns out to be superior to the other forms at the aggregate level and for network components. However, a linear additive form provides a better fit for end-user related components. The results show that, in addition to output variables and company-specific variables, various site-specific variables are statistically

Capital Improvements Business Line

Science.gov (United States)

2012-08-08

NAVFAC Southwest Dan Waid Program & Business Mgmt NAVFAC SW Capital Improvements Business Line NAVFAC SW 8 August 2012 1 Report...REPORT TYPE 3. DATES COVERED 00-00-2012 to 00-00-2012 4. TITLE AND SUBTITLE Capital Improvements Business Line 5a. CONTRACT NUMBER 5b. GRANT...AVAILABILITY STATEMENT Approved for public release; distribution unlimited 13. SUPPLEMENTARY NOTES Presented at the 2012 Navy Gold Coast Small Business

Hydrogen infrastructure for the transport sector

International Nuclear Information System (INIS)

Agnolucci, Paolo

2007-01-01

The aim of this paper is to review the factors already discussed in the literature and identify gaps or issues which seem to require further debate in relation of the introduction of hydrogen in the transport sector. Studies in the academic and grey literature have analysed transport systems with a rather wide range of hydrogen penetration rates, utilisation of the infrastructure, hypotheses on the dynamics of the systems, capital costs of the infrastructure and hydrogen price. Most of the issues which could widen the debate in the literature are related to policy instruments. In particular, more attention should be paid to the policy instruments needed to foster co-ordination among stakeholders, persuade drivers to buy hydrogen vehicles despite the existence of a sparse infrastructure; guarantee investment in the early, possibly loss-making, retail stations and to foster financially sustainable government commitments. The effect of limited availability of hydrogen vehicle models on the penetration rates in the literature and the sensitivity of the hydrogen price to taxation from the government are other two issues deserving a more in-depth discussion. (author)

Performance of brazilian state capitals as tourism destinations

Directory of Open Access Journals (Sweden)

Erick da Silva Santos

2015-04-01

Full Text Available This article introduces the application of Data Envelopment Analysis (DEA associated with factor analysis to evaluate the relative efficiency of tourism demand of 18 Brazilian capital cities within a three-year period. Such assessment includes data on factors that affect tourism demand as cities’ budgets allocated on health, transportation, security, infrastructure, tourism as well as the result of this investment on number of tourist arrivals and creation of employments in each destination. The results show the capitals that reached 100% efficiency and also the only three capitals that touched the maximum efficiency over the three years. Findings also revealed that factor analysis associated with DEA offers a potential tool for managers to provide themselves with a set of practical indicators that better assist in decision-making regarding investment on sectors that positively interfere the demand in tourism locations.

Spatial data infrastructures at work analysing the spatial enablement of public sector processes

CERN Document Server

Dessers, Ezra

2013-01-01

In 'Spatial Data Infrastructures at Work', Ezra Dessers introduces spatial enablement as a key concept to describe the realisation of SDI objectives in the context of individual public sector processes. Drawing on four years of research, Dessers argues that it has become essential, even unavoidable, to manage and (re)design inter-organisational process chains in order to further advance the role of SDIs as an enabling platform for a spatially enabled society. Detailed case studies illustrate that the process he describes is the setting in which one can see the SDI at work.

Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework

OpenAIRE

Marcelo, Darwin; Mandri-Perrott, Cledan; House, Schuyler

2016-01-01

Infrastructure services are significant determinants of economic development, social welfare, trade, and public health. As such, they typically feature strongly in national development plans. While governments may receive many infrastructure project proposals, however, resources are often insufficient to finance the full set of proposals in the short term. Leading up to 2020, an estimated US$836 ...

Public Spending On Human Capital In Major Industrialized Countries = Endüstrileşmenin En Yüksek Olduğu Ülkelerde Beşeri Sermayeye Yönelik Kamu Harcamalari

Directory of Open Access Journals (Sweden)

Meriç Subaşı ERTEKİN

2005-06-01

Full Text Available Human capital is important for firms and nations in the knowledge based economy that needs skills. Thus, investment in education is a public policy to support human capital formation and offset the magnitude of capital looses. Policies and reforms designed to foster early learning which are determined as a high quality of education, early intervention and job training programs and promote skill formation. The public sector plays an important role in the funding of all education in major industrialized countries. Public spending on primary, secondary, post-secondary and tertiary educational institutions is higher than private spending.

Infrastructure Development: Public Private Partnership Path for Developing Rural Telecommunications in Africa

Directory of Open Access Journals (Sweden)

Idongesit William Williams

2012-06-01

Full Text Available It is the quest of every government to achieve universal Access and service of telecommunication services and ICTs. Unfortunately due to the high cost of deploying infrastructure in rural areas of developing countries due to non-significant or no economic activity, this dream of achieving Universal access and service of telecommunications/ICTs have been stalled. This paper throws light on a possible Public Private Partnership framework as a development path that will enable affordable network technologies to be deployed in rural areas at a cost that will translate to what the rural dweller in a developing country in Africa can afford. The paper is a conceptual paper

Financial capital and intellectual capital in physician practice management.

Science.gov (United States)

Robinson, J C

1998-01-01

Medical groups need financial resources yet most retain no earnings and have no reserves. Physician practice management (PPM) companies have recognized the need for investment and the scarcity of indigenous capital in the physician sector and are rushing to fill the void. Resources are being contributed by venture capitalists, bond underwriters, private investors, pharmaceutical manufacturers, health plans, hospital systems, and public equity markets. The potential contribution of PPM firms is to nurture the intellectual capital of leading physician organizations and diffuse it throughout the health care system. The risk is that short-term financial imperatives will impede necessary long-term investments.

Quantification of physical and economic impacts of climate change on public infrastructure in Alaska and benefits of global greenhouse gas mitigation

Science.gov (United States)

Melvin, A. M.; Larsen, P.; Boehlert, B.; Martinich, J.; Neumann, J.; Chinowsky, P.; Schweikert, A.; Strzepek, K.

2015-12-01

Climate change poses many risks and challenges for the Arctic and sub-Arctic, including threats to infrastructure. The safety and stability of infrastructure in this region can be impacted by many factors including increased thawing of permafrost soils, reduced coastline protection due to declining arctic sea ice, and changes in inland flooding. The U.S. Environmental Protection Agency (EPA) is coordinating an effort to quantify physical and economic impacts of climate change on public infrastructure across the state of Alaska and estimate how global greenhouse gas (GHG) mitigation may avoid or reduce these impacts. This research builds on the Climate Change Impacts and Risk Analysis (CIRA) project developed for the contiguous U.S., which is described in an EPA report released in June 2015. We are using a multi-model analysis focused primarily on the impacts of changing permafrost, coastal erosion, and inland flooding on a range of infrastructure types, including transportation (e.g. roads, airports), buildings and harbors, energy sources and transmission, sewer and water systems, and others. This analysis considers multiple global GHG emission scenarios ranging from a business as usual future to significant global action. These scenarios drive climate projections through 2100 spanning a range of outcomes to capture variability amongst climate models. Projections are being combined with a recently developed public infrastructure database and integrated into a version of the Infrastructure Planning Support System (IPSS) we are modifying for use in the Arctic and sub-Arctic region. The IPSS tool allows for consideration of both adaptation and reactive responses to climate change. Results of this work will address a gap in our understanding of climate change impacts in Alaska, provide estimates of the physical and economic damages we may expect with and without global GHG mitigation, and produce important insights about infrastructure vulnerabilities in response to

Financial effect of quality management system on intellectual capital : an analysis application on firms that quoted to construction and public works sector in Istanbul stock exchange

OpenAIRE

Turgut, Osman; Gumus, Fatih Burak

2015-01-01

Today in the finance literature, structural capital is one of the three elements of intellectual capital and the Quality Management System is defined in the structural capital. In this study the impact levels of Quality Management System on the intellectual capital of the companies are analyzed. In this context, 10 companies which are quoted as date 09.14.2014 in the Istanbul Stock Exchange “construction & public works” sector are analyzed. As a result, the inference that investors of the com...

Theory for the Public Good? Social Capital Theory in Social Work Education

Directory of Open Access Journals (Sweden)

MaryAnn Overcamp-Martini

2007-05-01

Full Text Available As a concept, social capital is both relatively recent and highly controversial. This analysis overviews the history of social capital theory and the three main theoretical frameworks related to the concept. The components of social capital are discussed, as well as the controversy over its conceptualization. A review of recent studies is provided, particularly in the relationship between social capital and mental health. The article concludes with a discussion regarding the heuristic usefulness of social capital theory in the human behavior and social environment sequence in social work education, opening discourse in civic engagement and participation, collectivity, and the value of social networking.

SOCIAL CAPITAL AND CIVIC PARTICIPATION

Directory of Open Access Journals (Sweden)

Melike ERDOGAN

2010-07-01

Full Text Available The concept of social capital has a long intellectual history in the fie ld of social sciences. In recent years, interest of scholars from sociology, po litical science, economics and public administration is rapidly increasing. The reason for this increasing interest is that it has been aware of the importance of social capital in communities’ administrative, social, economic and political development. In this sense, the concept of social ca pital is an issue to be discussed with solution of current problems of public administration, subjects of governance, civil society, and participation. Social capital has a lot of definitions which are completely different from each other. Common point of these different definitions is that social capital is a resource at both individual and community level. We will use Robert Putnam’s defi nition about social cap ital in this paper. Putnam (1993 defines social capital as “features of social organization, such as trust, norms, and networks that can improve the efficiency of society by facilitating coordinated action”. In his book; Bowling Alone: The Collapse and Revival of the American Community, Putnam describes declining social capital in America. He analyzes relationship between social capital and civic participation and assumes that there is a positive relationship between social capital and civic participation. The paper aims to reveal how there is a relationshi p between social capital and civic participation in Central Florida. We will use “The Central Florida Social Capital Community Benchmark Survey that is made by The Survey Research Labora tory in the Ins titute for Social and Behavior Sciences at the University of Central Florida among central Florida residents. We use notion of civic participation not only as voting but also as concern of politics, volunteering, attending a political meeting, participating in any demonstrations, protests or boycotts, cooperating to solve problems and

Information security system based on virtual-optics imaging methodology and public key infrastructure

Science.gov (United States)

Peng, Xiang; Zhang, Peng; Cai, Lilong

In this paper, we present a virtual-optical based information security system model with the aid of public-key-infrastructure (PKI) techniques. The proposed model employs a hybrid architecture in which our previously published encryption algorithm based on virtual-optics imaging methodology (VOIM) can be used to encipher and decipher data while an asymmetric algorithm, for example RSA, is applied for enciphering and deciphering the session key(s). For an asymmetric system, given an encryption key, it is computationally infeasible to determine the decryption key and vice versa. The whole information security model is run under the framework of PKI, which is on basis of public-key cryptography and digital signatures. This PKI-based VOIM security approach has additional features like confidentiality, authentication, and integrity for the purpose of data encryption under the environment of network.

Social capital and healthy ageing in Indonesia.

Science.gov (United States)

Cao, Junran; Rammohan, Anu

2016-07-22

A large international literature has found a positive association between social capital and measures of physical and mental health. However, there is a paucity of research on the links between social capital and healthy ageing in a developing country environment, where universal social security coverage is absent and health infrastructure is poor. In this paper, we develop and empirically test a model of the linkages between social capital and the health outcomes for older adults in Indonesia, using data from the Indonesian Family Life Survey-East (IFLS-East), conducted in 2012. Using multivariate regression analysis, we examine whether social capital plays a role in mitigating poor health among older individuals aged 50 years and above in Indonesia's most vulnerable provinces. We test the robustness of these social capital variables across different health measures (self-assessed health, Activities of Daily Living (ADL), measures of chronic illness and mental health measures), as well as across different demographic groups, after controlling for an array of socio-economic, demographic and geographic characteristics. Our findings show that access to better social capital (using measures of neighbourhood trust and community participation) is associated with a higher degree of physical mobility, independence, and mental well-being among older individuals but has no influence on chronic illnesses. These results are consistent when we estimate samples disaggregated by gender, rural/urban residence, and by age categories. From a policy perspective these results point to the importance of social capital measures in moderating the influence of poor health, particularly in the Activities of Daily Living.

Financing and Managing Infrastructure in Africa

OpenAIRE

Mthuli Ncube

2010-01-01

This paper discusses various ways of financing infrastructure under public private partnership (PPP) arrangements in Africa. The paper presents the standard literature on the relationship between infrastructure investment and economic growth, highlighting the contradictory findings in the literature. Stylised facts about the state of infrastructure in Africa, compared with other regions such as Asia and Latin America, are also presented. Examples of how PPPs structures work are discussed incl...

Management Strategies Required for Preventing and Combating Corruption in Public Administration

Directory of Open Access Journals (Sweden)

Sorin Adrian Ciupitu

2015-12-01

Full Text Available Corruption level is symptomatic of the economic, political and general social development and its manifestation is harmful to ethics and morals and undermines public confidence in the rule of law. In Romania we are witnessing a penetration of corruption in areas that should support the country’s economic development. Companies from more and more zones of activity are pushed into gear economy. The immediate effect of this situation is reflected in a vicious circle in which endemic corruption is leading to lower revenues and public investment and weakens the credibility of the rule of law. It also generates negative changes in the economic development through inefficient transactions, sometimes lacking rationality, altering capital accumulation and its productivity, government revenues and the quality of public infrastructure.

Ciemat Relational Capital: Institutional Presence; Capital Relacional del Ciemat: Presencia Institucional

Energy Technology Data Exchange (ETDEWEB)

Vaquero Ortiz, E. M.; González Pineda, L. M.; Cascante Díaz, E.

2015-07-01

The resources in any organization for its activity development can be divided into two main groups: tangible assets and intangible assets. In recent decades there has been a recognition of the importance of the intangible assets as value generators for the development and growth of organizations. And the so called Relational Capital is among them Relational Capital arises from the relationship processes that an organization maintains with external agents. Thus, in the case of a public research institution, such as CIEMAT, it includes the relations with projects financing organizations, with partners and with customers (both public and private entities which are serviced), as well as the institutional presence understood as the participation in discussion and coordination forums (foundations, associations, committees…). This report presents a study of CIEMAT institutional presence in the year 2015.

Key performance indicators of charging infrastructure

NARCIS (Netherlands)

Helmus, J.; van den Hoed, R.

2016-01-01

The Netherlands are one of the frontrunners in stimulating electric mobility in Europe when it comes to the charging infrastructure density and electric vehicle adoption. Municipalities play an instrumental role in the rollout of public charging infrastructure while they have little insight in the

Public-Private Partnerships in Republic of Korea: Experience and Results

Directory of Open Access Journals (Sweden)

Lee Jae Sung

2015-01-01

Full Text Available The Republic of Korea came to realize the acute necessity of launching the public-private partnership (PPP at the turn of the 90s, the country happened to fall short of such infra facilities as roadways, railroads, sea ports and airports and the government found itself unable to fully finance their construction works. Although the PPP institutional framework started to get purposely and mostly formed in the first half of the 90s in Korea the PPP itself actually came into occasional practice even before, owing to some legislation, covering roadways and sea ports. There are four main stages to be noted in the development of PPP, consecutively ranging from 1968 to 1994, from 1994 to 1999, from 1999 to 2004 and since 2005 till now. The PPP periods are much related to various amendments to the basic PPP law, initially adopted in August 1994 as the Act on Promotion of Private Capital Investment in Social Overhead Capital which was transformed into the Act on Private Participation in Infrastructure (briefly called the PPP Act in December 1998. Along with this Act, Korea's PPP institutional basis currently laid by the Enforcement Decree of the Act on Public-Private Partnerships in Infrastructure, the PPP Basic Plan and the PPP Implementation Guidelines. It is the PPP Act that determines 49 types of PPP project-eligible infra facilities, categorized into 15 groups such as roads, railroads, ports, airports, communications, water resources, energy, environment, forestry, logistics, welfare, public housing, military housing, education, culture/tourism. In the aspect of the globally-recognized types of PPP procurement methods, the PPP Act primarily determines the use of such mechanisms as BTL, BTO, BOT, BOO.

Public Key Infrastructure Study

National Research Council Canada - National Science Library

Berkovits, Shimshon

1994-01-01

The National Institute of Standards and Technology (NIST) has tasked The MITRE Corporation to study the alternatives for automated management of public keys and of the associated public key certificates for the Federal Government...

Europe sees mixed results from public-private partnerships for building and managing health care facilities and services.

Science.gov (United States)

Barlow, James; Roehrich, Jens; Wright, Steve

2013-01-01

Prompted in part by constrained national budgets, European governments are increasingly partnering with the private sector to underwrite the costs of constructing and operating public hospitals and other health care facilities and delivering services. Through such public-private partnerships, governments hope to avoid up-front capital expenditure and to harness private-sector efficiencies, while private-sector partners aim for a return on investment. Our research indicates that to date, experience with these partnerships has been mixed. Early models of these partnerships-for example, in which a private firm builds a hospital and carries out building maintenance, which we term an "accommodation-only" model-arguably have not met expectations for achieving greater efficiencies at lower costs. Newer models described in this article offer greater opportunities for efficiency gains but are administratively harder to set up and manage. Given the shortages in public capital for new infrastructure, it seems likely that the attractiveness of these partnerships to European governments will grow.

Natural gas infrastructure requirements for merchant plant

International Nuclear Information System (INIS)

Sukaly, B.

1998-01-01

Merchant power plants are complicated with diverse risks. Of course where there are risks there are opportunities for reward. Creating an effective merchant plant requires a strong organization that is committed to marketing, trading and risk management. The organization must have the infrastructure to capitalize on the opportunities a merchant plant provides. The market dynamics are ever changing and move at incredible speeds--what was a moneymaking deal yesterday is no longer valid today. The merchant plant owner is the expert in setting up the actual infrastructure for trading the various commodities, including forward pricing, cash and physical trades, transportation and operation for maximizing the plant's potential. Optionally, the plant's risk profile and a risk management program are the key factors in determining the sucres of the merchant plant project

Transition to an aging Japan: public pension, savings, and capital taxation.

Science.gov (United States)

Kato, R

1998-09-01

This study examined options for compensating for the shortages of money for public pensions due to population aging in Japan: increases in pension contributions, consumption pension taxes, interest income pension taxes, and inheritance pension taxes. The analysis relied on simulation in an expanded life cycle growth model. Data were obtained from 1992 estimations of population by the Institute of Population Problems of the Ministry of Health and Welfare. This study is unique in its use of real population data for the simulations and in its use of transition states. The analysis begins with a description of the altered Overlapping Generations Model by Auerback and Kotlikoff (1983). The model accounts for the inaccuracy of lifetime and liquidity constraints and ordinary budget constraints and reproduces the consumption-savings profiles of older people and incorporates wage income taxation and other forms of taxation. Income includes wage and interest income. The analysis includes a description of the method of simulation, assumptions, and evaluation of the effects of population aging. It is assumed that narrower government sector spending on general expenditures per worker will increase by 1% every year. It is concluded that national saving rates will probably decrease due to population aging. The lowest levels of capital stock and savings will result from higher pension contributions. The highest level of capital stock will result from higher consumption pension taxes during 1990-2015. Preferred policies should focus on increasing interest income rates.

Cloud computing can simplify HIT infrastructure management.

Science.gov (United States)

Glaser, John

2011-08-01

Software as a Service (SaaS), built on cloud computing technology, is emerging as the forerunner in IT infrastructure because it helps healthcare providers reduce capital investments. Cloud computing leads to predictable, monthly, fixed operating expenses for hospital IT staff. Outsourced cloud computing facilities are state-of-the-art data centers boasting some of the most sophisticated networking equipment on the market. The SaaS model helps hospitals safeguard against technology obsolescence, minimizes maintenance requirements, and simplifies management.

Working Capital Management and Firm Listing Status

OpenAIRE

Seraina Anagnostopoulou

2012-01-01

This study comparatively examines the determinants of working capital management for listed vs. unlisted firms, and assesses the impact of this policy on profitability by focusing on the cash conversion cycle, a commonly used measure of working capital management. By using a large UK public and private firm sample, it is found that private firms have significantly lower cash conversion cycles than their public counterparts, and that traditional determinants of the cycle significantly differ b...

HUMAN CAPITAL: Major Human Capital Challenges at SEC and Key Trade Agencies

National Research Council Canada - National Science Library

Hillman, Richard

2002-01-01

We appreciate the opportunity to appear here today to discuss the human capital challenges facing the agencies that play key roles in monitoring publicly traded companies and enforcing our nation's trade laws...

Potential for sharing nuclear power infrastructure between countries

International Nuclear Information System (INIS)

2006-10-01

The introduction or expansion of a nuclear power programme in a country and its successful execution is largely dependent on the network of national infrastructure, covering a wide range of activities and capabilities. The infrastructure areas include legal framework, safety and environmental regulatory bodies, international agreements, physical facilities, finance, education, training, human resources and public information and acceptance. The wide extent of infrastructure needs require an investment that can be too large or onerous for the national economy. The burden of infrastructure can be reduced significantly if a country forms a sharing partnership with other countries. The sharing can be at regional or at multinational level. It can include physical facilities, common programmes and knowledge, which will reflect in economic benefits. The sharing can also contribute in a significant manner to harmonization of codes and standards in general and regulatory framework in particular. The opportunities and potential of sharing nuclear power infrastructure is determined by the objectives, strategy and scenario of the national nuclear power programme. A review of individual infrastructure items shows that there are several opportunities for sharing of nuclear power infrastructure between countries if they cooperate with each other. International cooperation and sharing of nuclear power infrastructure are not new. This publication provides criteria and guidance for analyzing and identifying the potential for sharing of nuclear power infrastructure during the stages of nuclear power project life cycle. The target users are decision makers, advisers and senior managers in utilities, industrial organizations, regulatory bodies and governmental organizations in countries adopting or extending nuclear power programmes. This publication was produced within the IAEA programme directed to increase the capability of Member States to plan and implement nuclear power

Squeezing the funding you need from today's capital sources.

Science.gov (United States)

Gordon, Deborah C

2010-04-01

Healthcare providers need to understand traditional and nontraditional financing options and other potential strategies for accessing capital. Common financing options include bonds, commercial lending, acquisition financing, and financing through the Department of Housing and Urban Development's Section 232 program. Alternative strategies for accessing capital include joint ventures, equity, sale of assets, fund-raising, capital leases, internal capital, public grants, and grants from foundations.

75 FR 75611 - Critical Infrastructure Protection Month, 2010

Science.gov (United States)

2010-12-03

...; and the public--to identify and protect our infrastructure from hazards or attack. These critical... cyber infrastructure more resilient. Working together, we can raise awareness of the important role our...

Social capital and health: measuring and understanding social capital at a local level could help to tackle health inequalities more effectively.

Science.gov (United States)

Pilkington, Paul

2002-09-01

This paper examines whether an understanding of the concept of social capital and its local measurement can help to tackle inequalities in health within and across communities. The paper concludes that the concept of social capital offers a valuable opportunity to help public health professionals understand how to approach inequalities in health with a greater awareness of the social processes affecting the health of communities. The measurement of social capital has been problematic. However, new guidance from the Health Development Agency (HDA) provides a useful tool for developing social capital research. A greater understanding of whether, and how social capital relates to health will help to improve strategies to reduce health inequalities at the community level. Public health professionals contributing to community development strategies such as Neighbourhood Renewal Projects, Community Safety Partnerships, Health Action Zones and Health Improvement Programmes (HImPs) should encourage thought to be given about the role that an understanding of social capital could play in making these strategies more effective. Using the HDA measurement tool locally could be one way of doing this.

Infrastructure Management Information System User Manual

Science.gov (United States)

1998-10-01

This publication describes and explains the user interface for the Infrastructure Management Information System (IMIS). The IMIS is designed to answer questions regarding public water supply, wastewater treatment, and census information. This publica...

Conservation of biodiversity through taxonomy, data publication, and collaborative infrastructures.

Science.gov (United States)

Costello, Mark J; Vanhoorne, Bart; Appeltans, Ward

2015-08-01

Taxonomy is the foundation of biodiversity science because it furthers discovery of new species. Globally, there have never been so many people involved in naming species new to science. The number of new marine species described per decade has never been greater. Nevertheless, it is estimated that tens of thousands of marine species, and hundreds of thousands of terrestrial species, are yet to be discovered; many of which may already be in specimen collections. However, naming species is only a first step in documenting knowledge about their biology, biogeography, and ecology. Considering the threats to biodiversity, new knowledge of existing species and discovery of undescribed species and their subsequent study are urgently required. To accelerate this research, we recommend, and cite examples of, more and better communication: use of collaborative online databases; easier access to knowledge and specimens; production of taxonomic revisions and species identification guides; engagement of nonspecialists; and international collaboration. "Data-sharing" should be abandoned in favor of mandated data publication by the conservation science community. Such a step requires support from peer reviewers, editors, journals, and conservation organizations. Online data publication infrastructures (e.g., Global Biodiversity Information Facility, Ocean Biogeographic Information System) illustrate gaps in biodiversity sampling and may provide common ground for long-term international collaboration between scientists and conservation organizations. © 2015 Society for Conservation Biology.

Social capital and healthy ageing in Indonesia

Directory of Open Access Journals (Sweden)

Junran Cao

2016-07-01

Full Text Available Abstract Background A large international literature has found a positive association between social capital and measures of physical and mental health. However, there is a paucity of research on the links between social capital and healthy ageing in a developing country environment, where universal social security coverage is absent and health infrastructure is poor. Method In this paper, we develop and empirically test a model of the linkages between social capital and the health outcomes for older adults in Indonesia, using data from the Indonesian Family Life Survey-East (IFLS-East, conducted in 2012. Using multivariate regression analysis, we examine whether social capital plays a role in mitigating poor health among older individuals aged 50 years and above in Indonesia’s most vulnerable provinces. We test the robustness of these social capital variables across different health measures (self-assessed health, Activities of Daily Living (ADL, measures of chronic illness and mental health measures, as well as across different demographic groups, after controlling for an array of socio-economic, demographic and geographic characteristics. Results Our findings show that access to better social capital (using measures of neighbourhood trust and community participation is associated with a higher degree of physical mobility, independence, and mental well-being among older individuals but has no influence on chronic illnesses. These results are consistent when we estimate samples disaggregated by gender, rural/urban residence, and by age categories. Conclusion From a policy perspective these results point to the importance of social capital measures in moderating the influence of poor health, particularly in the Activities of Daily Living.

Security infrastructures: towards the INDECT system security

OpenAIRE

Stoianov, Nikolai; Urueña, Manuel; Niemiec, Marcin; Machník, Petr; Maestro, Gema

2012-01-01

This paper provides an overview of the security infrastructures being deployed inside the INDECT project. These security infrastructures can be organized in five main areas: Public Key Infrastructure, Communication security, Cryptography security, Application security and Access control, based on certificates and smartcards. This paper presents the new ideas and deployed testbeds for these five areas. In particular, it explains the hierarchical architecture of the INDECT PKI...

Profitability Identification of National Banking Through Credit, Capital, Capital Structure, Efficiency, and Risk Level

Directory of Open Access Journals (Sweden)

Sugeng Haryanto

2016-04-01

Full Text Available This study aims to analyze the influence of credit, bank capital, capital structure, efficiency and risk toward the profitability in banking industry. Bank has an important role in the economy in Indonesia in 2014. The purposive sampling technique was used in this study to filter the samples according to several criteria such as being public at least in 2008, and publicly released the financial statement from 2008-2013. The total sample of 25 banks. Multiple regression technique was used in this study to analyze the data. The results show that credit, bank capital, and capital structure positively influence the profitability. This result supported by the previous research. The other finding shows that efficiency and risk have significantly negative effect on profitability. Bangking has an 80 percent market share in the financing of intermediation function of the entire financial system.Penelitian bertujuan menganalisis pengaruh antara kredit, permodalan bank, struktur modal, efisiensi dan risiko terhadap profitabilitas pada industri perbankan. Bank mempunyai peran penting dalam ekonomi Indonesia 2014. Teknik sampling penelitian ini adalah purposive sampling, dengan kriteria bank bank telah go public sebelum tahun 2008, mempublikasikan laporan keuangan tahun 2008-2013. Jumlah sampel sebanyak 25 bank. Teknik analisis yang digunakan regresi linier berganda. Hasil penelitian menunjukkan bahwa kredit, permodalan bank dan struktur modal berpengaruh terhadap profitabilitas dengan arah positif. Hasil lainnya adalah variabel efisiensi dan risiko berpengaruh signifikan dengan arah negatif terhadap profitabilitas. Perbankan memiliki market share 80 persen dalam sistem keuangan.JEL Classification: G3, G32

Prioritization of Capital Projects

National Research Council Canada - National Science Library

LaVielle, Michael

2002-01-01

Public works capital projects in the U,S, naval forces are not prioritized and funded in a way that best uses limited operations resources and maintenance dollars, This thesis develops a linear model...

Exogenous factors and market value: an appraisal model of capital gains in urban redevelopment programs in public/ private partnerships

Directory of Open Access Journals (Sweden)

Francesco Calabrò

2013-08-01

Full Text Available The proposed article aims to illustrate an experimental model applicable, in the planning stage, to an appraisal of the capital gains in a residential requalification in public/ private partnership. The model develops a method using a conventional cost value through a multicriteria model which evaluates the influence of qualitative exogenous variables to the market value of the property. The aim is to develop a synthetic procedure, transparent, shared and easy to use by the public authorities, in determining the total benefits associated with urban transformations, in order to achieve a fair sharing of profits between public and private entities.

Public Debts and Private Assets: Explaining Capital Flight from Sub-Saharan African Countries

OpenAIRE

Léonce Ndikumana; James K. Boyce

2002-01-01

We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 24 countries classified as severely indebted low-income countries, for the period 1970-1996. The econometric analysis reveals that external borrowing is positively and significantly related to capital flight, suggesting that to a large extent capital flight is debt-fueled. We estimate that for every dollar of external borrowing in the region, roughly 80 cents flowed back as capital flight in the...

Review of capital investment in economic growth cycle

Science.gov (United States)

Shaffie, Siti Salihah; Jaaman, Saiful Hafizah; Mohamad, Daud

2016-11-01

The study of linkages of macroeconomics factors is prominent in order to understand how the economic cycle affects one another. These factors include interest rate, growth rate, saving and capital investment which are mutually correlated to stabilize the GDP. Part of this study, it will look upon the impact of investment which emphasize the efficiency of capital investment to the economic growth. Capital investment is one investment appraisal that gives impact to the economic growth. It is a long term investment and involve with large amount of capital to incorporate the development of private and public capital investment.

Hospital Capital Investment During the Great Recession.

Science.gov (United States)

Choi, Sung

2017-01-01

Hospital capital investment is important for acquiring and maintaining technology and equipment needed to provide health care. Reduction in capital investment by a hospital has negative implications for patient outcomes. Most hospitals rely on debt and internal cash flow to fund capital investment. The great recession may have made it difficult for hospitals to borrow, thus reducing their capital investment. I investigated the impact of the great recession on capital investment made by California hospitals. Modeling how hospital capital investment may have been liquidity constrained during the recession is a novel contribution to the literature. I estimated the model with California Office of Statewide Health Planning and Development data and system generalized method of moments. Findings suggest that not-for-profit and public hospitals were liquidity constrained during the recession. Comparing the changes in hospital capital investment between 2006 and 2009 showed that hospitals used cash flow to increase capital investment by $2.45 million, other things equal.

Hospital Capital Investment During the Great Recession

Science.gov (United States)

Choi, Sung

2017-01-01

Hospital capital investment is important for acquiring and maintaining technology and equipment needed to provide health care. Reduction in capital investment by a hospital has negative implications for patient outcomes. Most hospitals rely on debt and internal cash flow to fund capital investment. The great recession may have made it difficult for hospitals to borrow, thus reducing their capital investment. I investigated the impact of the great recession on capital investment made by California hospitals. Modeling how hospital capital investment may have been liquidity constrained during the recession is a novel contribution to the literature. I estimated the model with California Office of Statewide Health Planning and Development data and system generalized method of moments. Findings suggest that not-for-profit and public hospitals were liquidity constrained during the recession. Comparing the changes in hospital capital investment between 2006 and 2009 showed that hospitals used cash flow to increase capital investment by $2.45 million, other things equal. PMID:28617202

Platform capitalism: The intermediation and capitalization of digital economic circulation

Directory of Open Access Journals (Sweden)

Paul Langley

2017-10-01

Full Text Available A new form of digital economic circulation has emerged, wherein ideas, knowledge, labour and use rights for otherwise idle assets move between geographically distributed but connected and interactive online communities. Such circulation is apparent across a number of digital economic ecologies, including social media, online marketplaces, crowdsourcing, crowdfunding and other manifestations of the so-called ‘sharing economy’. Prevailing accounts deploy concepts such as ‘co-production’, ‘prosumption’ and ‘peer-to-peer’ to explain digital economic circulation as networked exchange relations characterised by their disintermediated, collaborative and democratising qualities. Building from the neologism of platform capitalism, we place ‘the platform’ – understood as a distinct mode of socio-technical intermediary and business arrangement that is incorporated into wider processes of capitalisation – at the centre of the critical analysis of digital economic circulation. To create multi-sided markets and coordinate network effects, platforms enrol users through a participatory economic culture and mobilise code and data analytics to compose immanent infrastructures. Platform intermediation is also nested in the ex-post construction of a replicable business model. Prioritising rapid up-scaling and extracting revenues from circulations and associated data trails, the model performs the structure of venture capital investment which capitalises on the potential of platforms to realise monopoly rents.

Trans-Regional Logistics in Carinthia: Perspectives and Vision on the Transport Infrastructure Development on the Business and Public Level

Directory of Open Access Journals (Sweden)

Michael Plasch

2014-06-01

Full Text Available Regional logistics development plans have become a key element for an effective – regional economy in Austria. Efforts to develop the region of Carinthia – which represents a substantial transport hub on the Baltic–Adriatic Axis – depend on targeted infrastructure investments combined with well-utilized and accessible modes of transport. As decisions on transport mode choice are made within companies, their involvement in planning processes is crucial. Therefore a more consistent approach to Carinthia’s logistics infrastructure developments is required. The view of regional businesses is considered a significant basis for further public and managerial decision making with regard to the importance of future logistics developments.

Public private partnerships

NARCIS (Netherlands)

Miranda Sarmento, J.J.

2014-01-01

Public-private partnerships (PPPs) are increasing in number worldwide and are used to build and manage large public infrastructure projects. In PPPs, the private sector plays a role in developing and maintaining public infrastructure and services, which is usually a public sector responsibility.

The radiation protection infrastructure in Madagascar

International Nuclear Information System (INIS)

Andriambololona, R.; Ratovonjanahary, J.F.; Randriantseheno, H.F.; Ramanandraibe, M.J.

2001-01-01

Madagascar is participating in the Model Project RAF/9/024 on 'Upgrading Radiation Protection Infrastructure'. Its radiation protection legislation is based on the BSS. The efforts being made to upgrade the country's regulatory infrastructure and the problems encountered are described below, as is the national information and training programme for the authorities, the public, workers and students. (author)

Evaluating the Intellectual Capital of Technology Transfer and Learning Public Services

Directory of Open Access Journals (Sweden)

Michele Grimaldi

2013-03-01

Full Text Available Since the rise of the knowledge‐based economy, many worldwide companies have begun to deal with different frameworks to manage and evaluate the performance of intellectual capital, especially in the area of knowledge management services. This paper presents a novel conceptual model aiming to support management in evaluating and prioritizing their intellectual capital competitive core competences. Based on the analytic hierarchy process, the model analyses interdependences among intellectual capital elements and determines the impacts of core competences on organizational performance. To validate the model, it is empirically applied in the Technology Transfer Unit of the Italian national agency for new technologies, energy and economic development.

Productivity-based approach to valuation of transportation infrastructure.

Science.gov (United States)

2014-10-01

Transportation infrastructure, a vital component to sustain economic prosperity, represents the largest public-owned : infrastructure asset in the U.S. With over a trillion invested dollars invested into long-lived physical assets such as : roads and...

Work-place social capital and smoking cessation: the Finnish Public Sector Study.

Science.gov (United States)

Kouvonen, Anne; Oksanen, Tuula; Vahtera, Jussi; Väänänen, Ari; De Vogli, Roberto; Elovainio, Marko; Pentti, Jaana; Leka, Stavroula; Cox, Thomas; Kivimäki, Mika

2008-11-01

To examine whether high social capital at work is associated with an increased likelihood of smoking cessation in baseline smokers. Prospective cohort study. Finland. A total of 4853 employees who reported to be smokers in the baseline survey in 2000-2002 (response rate 68%) and responded to a follow-up survey on smoking status in 2004-2005 (response rate 77%). Work-place social capital was assessed using a validated and psychometrically tested eight-item measure. Control variables included sex, age, socio-economic position, marital status, place of work, heavy drinking, physical activity, body mass index and physician-diagnosed depression. In multi-level logistic regression models adjusted for all the covariates, the odds for being a non-smoker at follow-up were 1.26 [95% confidence interval (CI)=1.03-1.55] times higher for baseline smokers who reported high individual-level social capital than for their counterparts with low social capital. In an analysis stratified by socio-economic position, a significant association between individual-level social capital and smoking cessation was observed in the high socio-economic group [odds ratio (OR) (95% CI)=1.63 (1.01-2.63)], but not in intermediate [(OR=1.10 (0.83-1.47)] or low socio-economic groups [(OR=1.28 (0.86-1.91)]. Work unit-level social capital was not associated with smoking cessation. If the observed associations are causal, these findings suggest that high perceived social capital at work may facilitate smoking cessation among smokers in higher-status jobs.

Tracking the Evolution of Infrastructure Systems and Mass Responses Using Publically Available Data.

Directory of Open Access Journals (Sweden)

Xiangyang Guan

Full Text Available Networks can evolve even on a short-term basis. This phenomenon is well understood by network scientists, but receive little attention in empirical literature involving real-world networks. On one hand, this is due to the deceitfully fixed topology of some networks such as many physical infrastructures, whose evolution is often deemed unlikely to occur in short term; on the other hand, the lack of data prohibits scientists from studying subjects such as social networks that seem likely to evolve on a short-term basis. We show that both networks-the infrastructure network and social network-are able to demonstrate evolutionary dynamics at the system level even in the short-term, characterized by shifting between different phases as predicted in network science. We develop a methodology of tracking the evolutionary dynamics of the two networks by incorporating flows and the microstructure of networks such as motifs. This approach is applied to the human interaction network and two transportation networks (subway and taxi in the context of Hurricane Sandy, using publically available Twitter data and transportation data. Our result shows that significant changes in the system-level structure of networks can be detected on a continuous basis. This result provides a promising channel for real-time tracking in the future.

Approaches to Substance of Social Infrastructure and to Its Classification

Directory of Open Access Journals (Sweden)

Kyrychenko Sergiy О. –

2016-03-01

Full Text Available The article is concerned with studying and analyzing approaches to both substance and classification of social infrastructure objects as a specific constellation of subsystems and components. To address the purpose set, the following tasks have been formulated: analysis of existing methods for determining the classification of social infrastructure; classification of the branches of social infrastructure using functional-dedicated approach; formulation of author's own definition of substance of social infrastructure. It has been determined that to date most often a social infrastructure classification is carried out depending on its functional tasks, although there are other approaches to classification. The author's definition of substance of social infrastructure has been formulated as follows: social infrastructure is a body of economy branches (public utilities, management, public safety and environment, socio-economic services, the purpose of which is to impact on reproductive potential and overall conditions of human activity in the spheres of work, everyday living, family, social-political, spiritual and intellectual development as well as life activity.

Organizational Citizenship Behavior and Work Motivation as Correlates of Psychological Capital among Public and Private School Teachers

OpenAIRE

Nazirul Hasnain; Zuby Hasan; Sehal Chorath

2017-01-01

Background: The components of Psychological capital as well as Organizational citizenship behavior and Work motivation are so influential for an individual especially for their performance in organizational setting. Aims: The main objectives of the study were: (1) to study the contributions of organizational citizenship behavior and work motivation in psycap of public school teachers; (2) to study the contributions of organizational citizenship behavior and work motivation in psycap of privat...

Recognition of intellectual capital importance in the university sector

Directory of Open Access Journals (Sweden)

Yolanda Ramírez

2013-07-01

Full Text Available The main aim of this paper is to know the opinion of the university stakeholders regarding the importance they give to intellectual capital reporting. To this end, a questionnaire was designed and sent to every member of the Social Councils of Spanish public universities. The results of our empirical study show that the current annual accounts published by universities barely cover the information needs of the different stakeholders. These results allow us to recommend extending the limits of universities’ annual accounts so as to include the information on intellectual capital demanded by the different stakeholders. In our opinion, the traditional accounting systems do not suffice for higher education institutions, whose value creation depends more on intellectual capital type resources. Finally, this empirical study identifies which of components of intellectual capital (human, structural and relation is the most relevant for publication. The results show that the information most valued by the different stakeholder groups is that related to relational capital, followed by human and then lastly structural capital.

Valuing the benefits of creek rehabilitation: building a business case for public investments in urban green infrastructure.

Science.gov (United States)

Mekala, Gayathri Devi; Jones, Roger N; MacDonald, Darla Hatton

2015-06-01

In an effort to increase the livability of its cities, public agencies in Australia are investing in green infrastructure to improve public health, reduce heat island effects and transition toward water sensitive urban design. In this paper, we present a simple and replicable approach to building a business case for green infrastructure. This approach requires much less time and resources compared to other methods for estimating the social and economic returns to society from such investments. It is a pragmatic, reasonably comprehensive approach that includes socio-demographic profile of potential users and catchment analysis to assess the economic value of community benefits of the investment. The approach has been applied to a case study area in the City of Brimbank, a western suburb of Greater Melbourne. We find that subject to a set of assumptions, a reasonable business case can be made. We estimate potential public benefits of avoided health costs of about AU$75,049 per annum and potential private benefits of AU$3.9 million. The project area is one of the most poorly serviced areas in the municipality in terms of quality open spaces and the potential beneficiaries are from relatively low income households with less than average health status and education levels. The values of cultural (recreational benefits, avoided health costs, and increased property values) and regulating (reduction in heat island effect and carbon sequestration) ecosystem services were quantified that can potentially offset annual maintenance costs.

Valuing the Benefits of Creek Rehabilitation: Building a Business Case for Public Investments in Urban Green Infrastructure

Science.gov (United States)

Mekala, Gayathri Devi; Jones, Roger N.; MacDonald, Darla Hatton

2015-06-01

In an effort to increase the livability of its cities, public agencies in Australia are investing in green infrastructure to improve public health, reduce heat island effects and transition toward water sensitive urban design. In this paper, we present a simple and replicable approach to building a business case for green infrastructure. This approach requires much less time and resources compared to other methods for estimating the social and economic returns to society from such investments. It is a pragmatic, reasonably comprehensive approach that includes socio-demographic profile of potential users and catchment analysis to assess the economic value of community benefits of the investment. The approach has been applied to a case study area in the City of Brimbank, a western suburb of Greater Melbourne. We find that subject to a set of assumptions, a reasonable business case can be made. We estimate potential public benefits of avoided health costs of about AU75,049 per annum and potential private benefits of AU3.9 million. The project area is one of the most poorly serviced areas in the municipality in terms of quality open spaces and the potential beneficiaries are from relatively low income households with less than average health status and education levels. The values of cultural (recreational benefits, avoided health costs, and increased property values) and regulating (reduction in heat island effect and carbon sequestration) ecosystem services were quantified that can potentially offset annual maintenance costs.

[Risk factors associated among anemia in pregnancy women of network public health of a capital of Brazil Northeastern].

Science.gov (United States)

De Oliveira, Alane Cabral Menezes; De Barros, Amanda Maria Rocha; Ferreira, Raphaela Costa

2015-11-01

To evaluate the factors associated with anemia among pregnant women receiving public health care in a capital city in Northeastern Brazil. This was a cross-sectional study conducted on a sample of 428 patients obtained on the basis of the estimated prevalence of anemia during pregnancy (50%), a 95% confidence interval (95%CI), an error of 5% and a sample loss of 20%. Pregnant women who lived in the city and were served by the municipal public health network were considered to be eligible for the study. Socioeconomic, lifestyle, clinical and anthropometric data and dietary iron intake were obtained, and capillary hemoglobin was determined. Anemia was identified as a hemoglobin level public health system of the city is a moderate public health problem, requiring the planning of effective measures for its control.

A simulation study of the impact of the public-private partnership strategy on the performance of transport infrastructure.

Science.gov (United States)

Huang, Zhengfeng; Zheng, Pengjun; Ma, Yanqiang; Li, Xuan; Xu, Wenjun; Zhu, Wanlu

2016-01-01

The choice of investment strategy has a great impact on the performance of transport infrastructure. Positive projects such as the "Subway plus Property" model in Hong Kong have created sustainable financial profits for the public transport projects. Owing to a series of public debt and other constraints, public-private partnership (PPP) was introduced as an innovative investment model to address this issue and help develop transport infrastructure. Yet, few studies provide a deeper understanding of relationships between PPP strategy and the performance of such transport projects (particularly the whole transport system). This paper defines the research scope as a regional network of freeway. With a popular PPP model, travel demand prediction method, and relevant parameters as input, agents in a simulation framework can simulate the choice of PPP freeway over time. The simulation framework can be used to analyze the relationship between the PPP strategy and performance of the regional freeway network. This study uses the Freeway Network of Yangtze River Delta (FN-YRD) in China as the context. The results demonstrate the value of using simulation models of complex transportation systems to help decision makers choose the right PPP projects. Such a tool is viewed as particularly important given the ongoing transformation of functions of the Chinese transportation sector, including franchise rights of transport projects, and freeway charging mechanism.

Telecommunications Policy Research Conference. Capital Recovery Section. Papers.

Science.gov (United States)

Telecommunications Policy Research Conference, Inc., Washington, DC.

Two papers consider the capital recovery difficulties of telephone companies in the current deregulatory environment. The first, "Capital Recovery in the Transition Period" (Gail Garfield Schwartz, New York State Public Service Commission) describes the process determining depreciation in both regulated and deregulated environments, and…

Airborne biological hazards and urban transport infrastructure: current challenges and future directions.

Science.gov (United States)

Nasir, Zaheer Ahmad; Campos, Luiza Cintra; Christie, Nicola; Colbeck, Ian

2016-08-01

Exposure to airborne biological hazards in an ever expanding urban transport infrastructure and highly diverse mobile population is of growing concern, in terms of both public health and biosecurity. The existing policies and practices on design, construction and operation of these infrastructures may have severe implications for airborne disease transmission, particularly, in the event of a pandemic or intentional release of biological of agents. This paper reviews existing knowledge on airborne disease transmission in different modes of transport, highlights the factors enhancing the vulnerability of transport infrastructures to airborne disease transmission, discusses the potential protection measures and identifies the research gaps in order to build a bioresilient transport infrastructure. The unification of security and public health research, inclusion of public health security concepts at the design and planning phase, and a holistic system approach involving all the stakeholders over the life cycle of transport infrastructure hold the key to mitigate the challenges posed by biological hazards in the twenty-first century transport infrastructure.

Challenges in Defense Working Capital Fund Pricing: Analysis of the Defense Finance and Accounting Service

National Research Council Canada - National Science Library

Keating, Edward

2003-01-01

... $2 billion in expenditures per year, DFAS itself is a sizable portion of the DoD infrastructure Second, we believe the pricing issues that DFAS confronts are similar to those faced by other Defense Working Capital Fund (DWCF...

Assets and Affect in the Study of Social Capital in Rural Communities

Science.gov (United States)

Phillips, Martin

2015-01-01

Abstract Shucksmith (2012) has recently suggested that rural research might be refreshed by incorporating theoretical insights that have emerged through a renewal of class analysis. This article seeks to advance this proposed research agenda by exploring the concept of asset‐based class analysis and its association with the concept of social capital. The article explores connections between social capital, class analysis and understandings of community, noting how all have been associated with long running and unresolved debates. Attention is drawn to the problems of modernist legislative approaches to these debates and the value of adopting more interpretive perspectives. A distinction between ‘infrastructural’ and ‘culturalist’ interpretations of social capital is explored in relation to ‘asset‐based’ theorisations of class and culture. It is argued that an infrastructural conception of social capital might usefully be employed in association with a disaggregated conception of cultural capital that includes consideration of emotion and affect, as well as institutional, objectified and technical assets. These arguments are explored using studies of rural communities, largely within Britain. PMID:27563158

Regular periodical public disclosure obligations of public companies

Directory of Open Access Journals (Sweden)

Marjanski Vladimir

2011-01-01

Full Text Available Public companies in the capacity of capital market participants have the obligation to inform the public on their legal and financial status, their general business operations, as well as on the issuance of securities and other financial instruments. Such obligations may be divided into two groups: The first group consists of regular periodical public disclosures, such as the publication of financial reports (annual, semi-annual and quarterly, and the management's reports on the public company's business operations. The second group comprises the obligation of occasional (ad hoc public disclosure. The thesis analyses the obligation of public companies to inform the public in course of their regular reporting. The new Capital Market Law based on two EU Directives (the Transparency Directive and the Directive on Public Disclosure of Inside Information and the Definition of Market Manipulation regulates such obligation of public companies in substantially more detail than the prior Law on the Market of Securities and Other Financial Instruments (hereinafter: ZTHV. Due to the above the ZTHV's provisions are compared to the new solutions within the domain of regular periodical disclosure of the Capital Market Law.

A theoretical intellectual capital model applied to cities

Directory of Open Access Journals (Sweden)

José Luis Alfaro Navarro

2013-06-01

Full Text Available New Management Information Systems (MIS are necessary at local level as the main source of wealth creation. Therefore, tools and approaches that provide a full future vision of any organization should be a strategic priority for economic development. In this line, cities are “centers of knowledge and sources of growth and innovation” and integrated urban development policies are necessary. These policies support communication networks and optimize location structures as strategies that provide opportunities for social and democratic participation for the citizens. This paper proposes a theoretical model to measure and evaluate the cities intellectual capital that allows determine what we must take into account to make cities a source of wealth, prosperity, welfare and future growth. Furthermore, local intellectual capital provides a long run vision. Thus, in this paper we develop and explain how to implement a model to estimate intellectual capital in cities. In this sense, our proposal is to provide a model for measuring and managing intellectual capital using socio-economic indicators for cities. These indicators offer a long term picture supported by a comprehensive strategy for those who occupy the local space, infrastructure for implementation and management of the environment for its development.

Urban Green Infrastructure: German Experience

OpenAIRE

Diana Olegovna Dushkova; Sergey Nikolaevich Kirillov

2016-01-01

The paper presents a concept of urban green infrastructure and analyzes the features of its implementation in the urban development programmes of German cities. We analyzed the most shared articles devoted to the urban green infrastructure to see different approaches to definition of this term. It is based on materials of field research in the cities of Berlin and Leipzig in 2014-2015, international and national scientific publications. During the process of preparing the paper, consultations...

Implementation of a European e-Infrastructure for the 21st Century

CERN Document Server

Jones, Bob; Bird, Ian; Hemmer, Frédéric

2013-01-01

This document proposes an implementation plan for the vision of an e-infrastructure as described in “A Vision for a European e-Infrastructure for the 21st Century”. The objective of the implementation plan is to put in place the e-infrastructure commons that will enable digital science by introducing IT as a service to the public research sector in Europe. The rationale calls for a hybrid model that brings together public and commercial service suppliers to build a network of Centres of Excellence offering a range of services to a wide user base. The platform will make use of and cooperate with existing European e-infrastructures by jointly offering integrated services to the end-user. This hybrid model represents a significant change from the status-quo and will bring benefits for the stakeholders: end-users, research organisations, service providers (public and commercial) and funding agencies. Centres of Excellence can be owned and operated by a mixture of commercial companies and public organisations...

Information and the Cost of Capital: An Ex Ante Perspective

DEFF Research Database (Denmark)

Christensen, Peter Ove; de la Rosa, Leonidas Enrique; Feltham, Gerald A.

2010-01-01

Recent articles have demonstrated that increased public disclosure can decrease firms' cost of capital. The focus has been on the impact of information on the cost of capital subsequent to the release of the information (the ex post cost of capital). We show that the reduction in the ex post cost...... investors may actually benefit from a higher ex post cost of capital....... of capital is offset by an equal increase in the cost of capital for the period leading up to the release of the information (the preposterior cost of capital). Thus, within the class of models framing the recent discussion, there is no impact on the ex ante cost of capital covering the full time span...

The Creation and Destruction of Social Capital

DEFF Research Database (Denmark)

Svendsen, Gunnar Lind Haase; Svendsen, Gert Tinggaard

‘A welcome contribution to scholarly economic and public policy debates, The Creation and Destruction of Social Capital is written for advanced students yet offers insights critical to better understanding micro and macro economics alike.' - Willis M. Buhle, The Midwest Book Review ‘The Svendsens...... in to crafting this study.' - From the foreword by Elinor Ostrom Is social capital the ‘missing link' in economics? In this vital new book, the authors argue that the ‘forgotten' production factor of social capital is as crucial in economic decision-making as the other more traditional factors of production...... such as physical, financial and human capital. They attempt to bridge the gap between theory and reality by examining the main factors that determine entrepreneurship, co-operative movements and the creation and destruction of social capital....

Application of Systematic Approach to the Study of Financial and Credit Infrastructure of Agriculture

Directory of Open Access Journals (Sweden)

Aleksandr Vladimirovich Dorzhdeev

2015-12-01

Full Text Available The increasing value of development of financial and credit infrastructure of agriculture in reproduction activity of agricultural producers is caused by the need of continuous receipt of funds for financing the requirements of agriculture and limited opportunities of selffinancing as a result of rather high capital intensity at rather low level of profitability. The systematic approach to research of financial and credit infrastructure of agriculture assumes its consideration as a set of the interconnected and interdependent subsystems and their elements focused on performance of certain functions. The use of systematic approach deepens complete theoretical ideas about the financial and credit infrastructure of agriculture. In the present article the essence of financial and credit infrastructure of agriculture in the points of view of functional and institutional aspects is opened, its subsystems are characterized, their functions and elements are defined by the authors. The study of the systemic features of market infrastructure allowed the authors to reveal the signs peculiar to financial and credit infrastructure of agricultural sector.

Intangible Capital: Four years of growth as an open-access scientific publication

Directory of Open Access Journals (Sweden)

Pep Simo

2008-01-01

Full Text Available This issue opens the fourth volume of the Intangible Capital journal, which makes its way towards the fifth year of publication. As usually, we start this volume by evaluating the previous one and tracing new directions. Among the main contributions during the year 2007, we consider important to highlight the following aspects: the renewal of the scientific indexation agreements, the platform change to OJS, the appointment of a new editor, new members included in the editorial board, the board of reviewers, the change towards a bilingual model, the new financing obtained and, the last but not the least, the work undertaken together with many scientific editors of open access Spanish journals for obtaining the positive evaluation of the CNEAI (National Commission for the Evaluation of the Research Activity and thus, being a proof of scientific excellence.

Influence of road transport infrastructure on agricultural sector development in Nigeria

Directory of Open Access Journals (Sweden)

Ogunleye Olusogo

2018-02-01

Full Text Available The study investigated the effects of road transport infrastructure on agricultural sector development in Nigeria from 1985 to 2014, using secondary annual time series data on agricultural development (proxy by gross domestic product in the Agric sector road transport infrastructure (proxy by length of paved road per square kilometer of area export and capital, all obtained from the Central Bank of Nigeria (CBN [3], and National Bureau of Statistics (NBS [16], statistical bulletins. The data were analyzed using Granger Causality test and Ordinary Least Square estimation techniques. The study concluded that a positive and statistically significant relationship exists between road transport infrastructures (LRT also evidence was found of a unidirectional causality from agricultural sector development to transport infrastructure. The study, therefore, recommends that adequate and timely maintenance of existing roads should be carried out as well as enacting appropriate regulations that ensure proper implementation and completion of new road construction contracts in the country in order to boost agricultural sector development, reduce wastage of farm produce and increase the possibility of economic diversification.

Twenty years of social capital and health research: a glossary.

Science.gov (United States)

Moore, S; Kawachi, I

2017-05-01

Research on social capital in public health is approaching its 20th anniversary. Over this period, there have been rich and productive debates on the definition, measurement and importance of social capital for public health research and practice. As a result, the concepts and measures characterising social capital and health research have also evolved, often drawing from research in the social, political and behavioural sciences. The multidisciplinary adaptation of social capital-related concepts to study health has made it challenging for researchers to reach consensus on a common theoretical approach. This glossary thus aims to provide a general overview without recommending any particular approach. Based on our knowledge and research on social capital and health, we have selected key concepts and terms that have gained prominence over the last decade and complement an earlier glossary on social capital and health. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

Islamic Banking Capital Challenges to Increase Business Expansion (Indonesia Cases

Directory of Open Access Journals (Sweden)

Lucky Nugroho

2017-11-01

Full Text Available In the case of Indonesia regarding capital sources in Islamic Banks, all Islamic Banks are subsidiaries of Conventional Banks (except Bank Muamalat. Bank Syariah Mandiri which is the only Islamic Bank that meets capital ownership with Business Category Bank Level III (BUKU III is also a subsidiary of Bank Mandiri (conventional bank. In the same way, conventional banks become essential to meet the capital requirement to improve the business of Islamic Bank. This article aims to determine the role of capital and operating profit for business expansion (financing in Bank Syariah Mandiri. The method used is the quantitative method by using statistical tool STATA version 13. The result of regression test is known that capital and profit have a significant influence in increasing financing expansion in Islamic Bank. Also, the price of the number of bad debts causes the lack of public confidence in the Islamic bank. The alternative to increasing the capital and public trust is government policies to support Islamic bank become independent.

NIMBY headlock on infrastructure development

International Nuclear Information System (INIS)

Kenny, B.

2006-01-01

Pipelines are a critical component in accessing Canada's abundant natural gas resources. As one of the world's leading petroleum producers, Canada plays an increasingly important role in meeting global energy demand. Open markets and enforceable trade rules have made Canada internationally competitive, and have attracted significant capital from investors. However, Canada does not have enough pipeline capacity to move the energy resources to market. Transmission constraints must be addressed in a timely manner in order to continue to meet energy needs. This presentation identified the benefits of achieving Canada's true energy potential as well as the costs that Canadians will pay if the true energy potential is not reached. The members of the Canadian Energy Pipeline Association (CEPA) operate $20 billion worth of pipeline infrastructure to move more than 95 per cent of Canada's natural gas and oil to markets across North America. The value of the combined assets is expected to double to $40 billion in the next 15 years as CEPA continues to build a pipeline network that is reliable, cost-effective, safe and secure. CEPA claims that Canada's true energy potential can be accomplished by improved efficiency of regulatory processes that protect the public interest but which also provide project proponents with certainty that decisions will be made in a timely manner; ensuring competitive financial regimes; and, building capacity in communities that are not familiar with energy development and which have questions about local impacts and benefits. In order for CEPA members to expand their pipeline systems, they must attract investment capital and compete against energy projects from around the world. In order to create the favourable circumstances that are needed to attract the required level of investment, roadblocks that stand in the way of efficient and timely energy resource development must be removed. The demand for labour and materials must also be satisfied and

Evaluation of the status of national nuclear infrastructure development

International Nuclear Information System (INIS)

2008-01-01

An appropriate infrastructure is essential for the safe, reliable and peaceful use of nuclear power. The IAEA was encouraged to assess ways to meet infrastructure needs and to provide guidance to Member States considering the introduction of nuclear power. All of these countries face the challenge of building the necessary nuclear infrastructure for the first nuclear power plant. The IAEA is responding to this demand through increased technical assistance, missions and workshops, and with new and updated technical publications. A holistic view of the infrastructure for nuclear power was published in Considerations to Launch a Nuclear Power Programme (GOV/INF/2007), targeted mainly at policy makers. Milestones in the Development of a National Infrastructure for Nuclear Power, an IAEA Nuclear Energy Series publication (No. NG-G-3.1) issued in 2007, provided more detailed guidance on the three phases of development outlined in Considerations to Launch a Nuclear Power Programme. It describes the sequential development through the three phases for each of 19 infrastructure issues, ranging from a government's national position on nuclear power to the procurement of items and services for the first nuclear power plant. Member States requested additional guidance on determining how to assess the progress of their infrastructure development for nuclear power programmes. This report was prepared in response to their request. It provides an evaluation approach for the status of national nuclear infrastructure development based upon the guidance presented in the Milestones publication mentioned above. The evaluation approach provides a comprehensive means to determine the status of the infrastructure conditions covering all of the 19 issues identified in the Milestones publication. This approach can be used by any interested Member State for self-evaluation in order to establish what additional work needs to be completed to develop the appropriate national infrastructure. In

Towards an affordable public health estate: a review of the 2008 health infrastructure barometer

CSIR Research Space (South Africa)

Abbott, G

2009-05-01

Full Text Available namely, context and need for health care infrastructure; budget allocations to health infrastructure; health infrastructure delivery, constraints and enabling mechanisms; and lastly, consolidation and recommendations of the future....

Ciemat Relational Capital: Institutional Presence

International Nuclear Information System (INIS)

Vaquero Ortiz, E. M.; González Pineda, L. M.; Cascante Díaz, E.

2015-01-01

The resources in any organization for its activity development can be divided into two main groups: tangible assets and intangible assets. In recent decades there has been a recognition of the importance of the intangible assets as value generators for the development and growth of organizations. And the so called Relational Capital is among them Relational Capital arises from the relationship processes that an organization maintains with external agents. Thus, in the case of a public research institution, such as CIEMAT, it includes the relations with projects financing organizations, with partners and with customers (both public and private entities which are serviced), as well as the institutional presence understood as the participation in discussion and coordination forums (foundations, associations, committees…). This report presents a study of CIEMAT institutional presence in the year 2015.

Business Cases for Major Public Infrastructure Projects in Canada

Directory of Open Access Journals (Sweden)

Mario Iacobacci

2017-11-01

Full Text Available When governments announce that they are going to spend vast sums of taxpayers’ money on a new public infrastructure project, you can be certain they will praise all the terrific new benefits that the project will bring to citizens, making everyone’s life easier, safer, greener and better. But this does not tell us whether we are better off as a society, after accounting for the cost of these projects borne by taxpayers today and well into the future. In reality, there is a meaningful risk that a project undertaken without a proper business case could end up making citizens’ lives worse. That new commuter train might look sleek and shiny and seem convenient for some, but a close business case analysis of recent transit projects in Canada’s three largest cities suggests that in as many as four cases out of 21 projects, the burden of paying for the projects does not justify the public investment. In a review of thirteen recent public transit projects in the Greater Toronto and Hamilton Area (GTHA, at least three projects had benefits that fell short of the costs. Yet, all three projects went ahead (or have been funded. Only one project showed large net benefits for citizens once all considerations were accounted for. Three projects showed small net benefits – of a size that can be easily offset by a modest cost over-run. The six remaining projects did not have any publicly available business cases. In the Greater Montreal area, a review of three recent major transit projects turned up no evidence of a publicly available business case for any of them. As a result, Montrealers are in the dark as to how much benefit or value destruction the three projects are responsible for. Things are far more encouraging in Vancouver, however, where three out of the five major transit projects undertaken or funded in recent years were backed by business cases showing a net benefit. Only one project did not show a net benefit and one project did not have a

The Role of Public Infrastructure in Market Development in Rural Peru

OpenAIRE

Escobal, J.A.

2005-01-01

Keywords:Peru, rural infrastructure, poverty, economic geography, rural roads, impact evaluation, non-agricultural employment.This study provides a conceptual framework toanalysethe impact of rural infrastructure investment on market development for the enhancement of income generating opportunities for the poor in ruralPeru. The study uses descriptive methods and regression analysis together with relatively new impact evaluation techniques, like propensity score matching, to understand the c...

Social Capital and the Equalizing Potential of the Internet

NARCIS (Netherlands)

H.D. Pruijt (Hans)

2002-01-01

textabstractSocial capital is predominantly seen as a public good. Internet communication tends to complement real-world interaction. Therefore, concerns that it might contribute to a decline of social capital seem unfounded. Internet communication can support and enhance communities that to some

Data analysis on the public charge infrastructure in the city of Amsterdam

NARCIS (Netherlands)

Van Den Hoed, R.; Helmus, J. R.; De Vries, R.; Bardok, D.

2014-01-01

In recent years electric mobility has gained a great deal of attention, leading to electric vehicles on the market and development of necessary charging infrastructure. Charging infrastructure is mostly enabled through subsidies by local or national governments to overcome the chicken and egg

Working Capital Approaches and Firm’s Returns in Pakistan

OpenAIRE

Dr. Talat Afza; Mian Sajid Nazir

2008-01-01

This study investigates the relationship between the aggressive/conservative working capital policies for seventeen industrial groups of public limited companies listed at Karachi Stock Exchange for a period of 1998-2003. The ordinary least square regression model has been used to investigate into the relationship of working capital approaches and the returns of firms. The study found significant differences among their working capital investment and financing policies across different indust...

New EVSE Analytical Tools/Models: Electric Vehicle Infrastructure Projection Tool (EVI-Pro)

Energy Technology Data Exchange (ETDEWEB)

Wood, Eric W [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Rames, Clement L [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Muratori, Matteo [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

2018-01-29

This presentation addresses the fundamental question of how much charging infrastructure is needed in the United States to support PEVs. It complements ongoing EVSE initiatives by providing a comprehensive analysis of national PEV charging infrastructure requirements. The result is a quantitative estimate for a U.S. network of non-residential (public and workplace) EVSE that would be needed to support broader PEV adoption. The analysis provides guidance to public and private stakeholders who are seeking to provide nationwide charging coverage, improve the EVSE business case by maximizing station utilization, and promote effective use of private/public infrastructure investments.

Chinese Entrepreneurs Human and Social Capital Benefiting Innovation

DEFF Research Database (Denmark)

Jensen, Kent Wickstrøm; Rezaei, Shahamak; Schøtt, Thomas

2016-01-01

An entrepreneur’s innovative work tends to benefit from the entrepreneur’s human capital in the form of entrepreneurial competencies partly based on education, and the entrepreneur’s social capital in the form of a network in the public sphere and a network in the private sphere, although this may...... of human and social capital for innovation, comparing Chinese entrepreneurs in China with Chinese entrepreneurs in the diaspora. We find that the level of education, entrepreneurial competencies and social capital varied between entrepreneurs in home country and diaspora. Of the social and human capitals...... also be a liability. The entrepreneur’s human and social capital depend on the social context, specifically whether the entrepreneur is residing in the home country or in the diaspora. An indigenous entrepreneur is embedded in own country, but a migrant entrepreneur has a dual embeddedness, in the old...

Enhancing Sustainable Communities With Green Infrastructure

Science.gov (United States)

This publication aims to help local governments, water utilities, nonprofit organizations, neighborhood groups, and other stakeholders integrate green infrastructure strategies into plans that can transform their communities.

Civilian Skills for African Military Officers to Resolve the Infrastructure, Economic Development, and Stability Crisis in Sub-Saharan Africa

Science.gov (United States)

2011-03-01

Africa, without resorting to welfare state dependency resulting from aid- addicted budgets and corrupt re- gimes. The Importance of Infrastructure to...since the 1950s. However, the government has succumbed to the “ Dutch Disease,” that is, failing to develop the industry as a national asset for...preferential treatment of some tribes over others in developing the human capital needed to build critical infrastructure across the region, we should

Microfoundations of Social Capital

DEFF Research Database (Denmark)

Thöni, Christian; Tyran, Jean-Robert Karl; Wengström, Erik Roland

2012-01-01

Research on social capital routinely relies on survey measures of trust which can be collected in large and heterogeneous samples at low cost. We validate such survey measures in an incentivized public good experiment and show that they are importantly related to cooperation behavior in a large...

How Infrastructure Investments Support the U.S. Economy

OpenAIRE

Robert Pollin; James Heintz; Heidi Garrett-Peltier

2009-01-01

The U.S. system of public infrastructure has deteriorated badly over the past generation. The breaching of New Orleans’ water levees in 2005 and the collapse of the I-35W bridge in Minneapolis in 2007 offered tragic testimony to this long-acknowledged reality. The project of rebuilding our infrastructure now needs to be embraced as a first-tier economic policy priority, and not simply to prevent repetitions of the disasters in New Orleans and Minneapolis. Infrastructure investments—particular...

Human and Inhuman Capital, and Schooling

Directory of Open Access Journals (Sweden)

Primož Krašovec

2014-06-01

Full Text Available Theories of human capital are becoming an increasingly common reference in both newer pedagogical theories as well as political documents, outlining the plans for reforms of science and education. As a part of broader ideology of knowledge society, human capital theories represent ideological legitimation of neoliberal trends in science and education policies. Increased investment in human capital on both social and individual level is supposed to increase the competitiveness of the economy as a whole as well as employability and welfare of individuals. In the first part of the article, we sketch the intellectual history and the socio-political context of the development of theories of human capital. Second part is dedicated to a critique of characteristically neoliberal equalization of labor with capital and of a theory, according to which investment in human capital brings profits to individual workers. In the third part, we outline a general socio-historical dynamics of the development of high-tech capitalism and show that “investments in human capital” and economic innovations do not bring about increased social welfare. In the fourth, final part, we analyze in detail how current educational reforms impact the learning process and working conditions at public universities.

Public Education and Growth in Developing Countries

DEFF Research Database (Denmark)

Schuppert, Christiane; Wirz, Nadja

Human capital plays a key role in fostering technology adoption, the major source of economic growth in developing countries. Consequently, enhancing the level of human capital should be a matter of public concern. The present paper studies public education incentives in an environment in which...... governments can invest in human capital to facilitate the adoption of new technologies invented abroad or, instead, focus on consumptive public spending. Although human capital is pivotal for growth, the model reveals that incentives to invest in public education vanish if a country is poorly endowed...

Fueling innovation in medical devices (and beyond): venture capital in health care.

Science.gov (United States)

Ackerly, D Clay; Valverde, Ana M; Diener, Lawrence W; Dossary, Kristin L; Schulman, Kevin A

2009-01-01

Innovation in health care requires new ideas and the capital to develop and commercialize those ideas into products or services. The necessary capital is often "venture capital," but the link between public policy and the venture capital industry has not been well examined. In this paper we explore the link between venture capital and innovation in health care, and we present new descriptive data from a survey of health care venture capital fund managers. Respondents generally viewed policy levers (for example, reimbursement and regulations) as important risks to venture capital investments, potentially affecting their ability to raise capital for early-stage investment funds.

URBAN-NET: A Network-based Infrastructure Monitoring and Analysis System for Emergency Management and Public Safety

Energy Technology Data Exchange (ETDEWEB)

Lee, Sangkeun (Matt) [ORNL; Chen, Liangzhe [ORNL; Duan, Sisi [ORNL; Chinthavali, Supriya [ORNL; Shankar, Mallikarjun (Arjun) [ORNL; Prakash, B. Aditya [Virginia Tech, Blacksburg, VA

2016-01-01

Abstract Critical Infrastructures (CIs) such as energy, water, and transportation are complex networks that are crucial for sustaining day-to-day commodity flows vital to national security, economic stability, and public safety. The nature of these CIs is such that failures caused by an extreme weather event or a man-made incident can trigger widespread cascading failures, sending ripple effects at regional or even national scales. To minimize such effects, it is critical for emergency responders to identify existing or potential vulnerabilities within CIs during such stressor events in a systematic and quantifiable manner and take appropriate mitigating actions. We present here a novel critical infrastructure monitoring and analysis system named URBAN-NET. The system includes a software stack and tools for monitoring CIs, pre-processing data, interconnecting multiple CI datasets as a heterogeneous network, identifying vulnerabilities through graph-based topological analysis, and predicting consequences based on what-if simulations along with visualization. As a proof-of-concept, we present several case studies to show the capabilities of our system. We also discuss remaining challenges and future work.

New variables for detecting transport disadvantages. The role of social capital

Energy Technology Data Exchange (ETDEWEB)

Ciommo, F. di

2016-07-01

This paper explores the potential role of social capital variables on the transport mode choice. Traditionally travel behavior model included social capital as empowerment factor (i.e. social capital as substitute of financial capital) or as social network influence on travel choice. Only recently constraints of social capital are considered as factors influencing travel behavior (Swanen et al, 2015, Di Ciommo & Martens, 2015).This article will show both aspects of empowerments and constraints of social capital in a dynamic way stressing two dynamic aspects of social capital: the building up social capital and use of social capital. Both aspects are related with the value of time: when you are doing something for others ( i.e. Voluntary actions, pick up all family members, etc) you are loosing your time, and your mode choice will be oriented to saving time, therefore a private mode will be chosen, while when you are using your social capital benefit (somebody else is helping you), you will easily choose the less flexible and more time consuming public transport. After defining social capital notion in both aspects of empowerments and constraints, a set of social capital variables is defined. Then two of these variables are tested through a smartphone short panel survey, where 100 individuals living or working in one surrounding southern area of Madrid have participated in entering their travel data for an entire working week. The estimated mixed-logit model that incorporated two “social capital variables: participation in voluntary activities and receiving help for various tasks (i.e. child care) show how people who have less social capital, but that are trying to build it up choose more private than public modes: building social capital stock has a cost in term of time that push people to use more flexible transport mode (i.e. private car), while people who have already a stock of social capital and can use it (i.e. helped people) receive time from others and

Determinants of Working Capital Investment: A Study of Malaysian Public Listed Firms

Directory of Open Access Journals (Sweden)

Shaista Wasiuzzaman

2013-06-01

Full Text Available The paper examines the determinants of the level of investment in net operating working capital by firms in Malaysia. Data from 192 companies spanning a period of 8 years (2000- 2007 are analysed using the OLS regression technique for this purpose. The study finds that in times of economic expansion, younger and smaller firms with less tangible assets, low leverage, high immediate sales growth, high operating cash flows, less volatile revenues and low levels of asymmetric information are likely to have the highest investments inoperating working capital. Board characteristics, namely size and the independence of the board, are not found to have any significant influence on the working capital investment of firms.

Helix Nebula: Enabling federation of existing data infrastructures and data services to an overarching cross-domain e-infrastructure

Science.gov (United States)

Lengert, Wolfgang; Farres, Jordi; Lanari, Riccardo; Casu, Francesco; Manunta, Michele; Lassalle-Balier, Gerard

2014-05-01

Helix Nebula has established a growing public private partnership of more than 30 commercial cloud providers, SMEs, and publicly funded research organisations and e-infrastructures. The Helix Nebula strategy is to establish a federated cloud service across Europe. Three high-profile flagships, sponsored by CERN (high energy physics), EMBL (life sciences) and ESA/DLR/CNES/CNR (earth science), have been deployed and extensively tested within this federated environment. The commitments behind these initial flagships have created a critical mass that attracts suppliers and users to the initiative, to work together towards an "Information as a Service" market place. Significant progress in implementing the following 4 programmatic goals (as outlined in the strategic Plan Ref.1) has been achieved: × Goal #1 Establish a Cloud Computing Infrastructure for the European Research Area (ERA) serving as a platform for innovation and evolution of the overall infrastructure. × Goal #2 Identify and adopt suitable policies for trust, security and privacy on a European-level can be provided by the European Cloud Computing framework and infrastructure. × Goal #3 Create a light-weight governance structure for the future European Cloud Computing Infrastructure that involves all the stakeholders and can evolve over time as the infrastructure, services and user-base grows. × Goal #4 Define a funding scheme involving the three stake-holder groups (service suppliers, users, EC and national funding agencies) into a Public-Private-Partnership model to implement a Cloud Computing Infrastructure that delivers a sustainable business environment adhering to European level policies. Now in 2014 a first version of this generic cross-domain e-infrastructure is ready to go into operations building on federation of European industry and contributors (data, tools, knowledge, ...). This presentation describes how Helix Nebula is being used in the domain of earth science focusing on geohazards. The

Working Capital Approaches and Firm’s Returns in Pakistan

Directory of Open Access Journals (Sweden)

Dr. Talat Afza

2008-09-01

Full Text Available This study investigates the relationship between the aggressive/conservative working capital policies for seventeen industrial groups of public limited companies listed at Karachi Stock Exchange for a period of 1998-2003. The ordinary least square regression model has been used to investigate into the relationship of working capital approaches and the returns of firms. The study found significant differences among their working capital investment and financing policies across different industries. Moreover, these significant differences are remarkably stable over the period of six years. The aggressive investment working capital policies are accompanied by aggressive working capital financing policies. Finally, we found a negative relationship between the profitability measures of firms and degree of aggressiveness of working capital investment and financing policies. The study would contribute a better understanding of working capital management policies in an emerging market like Pakistan.

Carbon Emission Disclosure and the Cost of Capital: An Analysis of Malaysian Capital Market

Directory of Open Access Journals (Sweden)

Binti Abd Rahman Noor Raida

2017-01-01

Full Text Available The main purpose of this study is to examine the relationship between voluntary disclosure and cost of capital by exploring the impact of voluntary carbon emission disclosure (VCED on the firm’s weighted-average cost of capital. A carbon disclosure index is used to evaluate the quality of carbon emission disclosure in 2013 and 2014 annual reports of 247 Malaysian public listed companies. By using content analysis, the result highlights a significant increase in the level and quality of carbon emission disclosure practice from 2013 to 2014. In addition, the finding from regression analysis indicates insignificant relationship between VCED quality and weighted-average cost of capital. Overall, our findings suggest that the carbon emission disclosure is still low, as such, the quality of VCED do not have an impact on firm’s cost of capital. The results of the study allow the government to measure progress toward achieving its target to reduce carbon emission and will add weight to the call by accounting regulation body such as Malaysian Accounting Standard Board for a specific standard on carbon reporting.

Sustentabilidade empresarial e o impacto no custo de capital próprio das empresas de capital aberto Sustainable development and consequences for equity costs in public companies

Directory of Open Access Journals (Sweden)

Lílian Simone Aguiar da Silva

2006-12-01

Full Text Available Este trabalho apresenta o impacto no custo de capital próprio para as empresas brasileiras de capital aberto face à adoção dos princípios de sustentabilidade. O conceito de desenvolvimento sustentável tem se aprimorado num processo contínuo de reavaliação da relação existente entre: crescimento econômico, a sociedade civil e o meio ambiente. O triple-bottom-line das dimensões econômica, ambiental e social da sustentabilidade tem emergido como um modelo de interpretação pelas empresas, embora cada uma dessas dimensões represente um grande desafio. O segmento corporativo vem atendendo às demandas cada vez maiores da sociedade frente a essas questões, ficando a dúvida quanto à legitimidade dessas ações e o questionamento relativo ao papel das empresas na economia e na sociedade. Para avaliar o impacto no custo de capital próprio, foi implementado um modelo de decomposição do beta em medidas contábeis de risco, incluindo uma variável referente à sustentabilidade. O resultado confirma a expectativa de que ao aderir aos padrões de sustentabilidade a empresa reduz o risco corporativo medido pelo risco sistemático, determinando a redução do custo de capital e aumento do valor econômico.This article provides an analysis of equity costs in Brazilian public companies regarding the adoption of sustainability principles. The concept of sustainable development has evolved considering the relation among economic growth, the society and the environment. The triple-bottom-line of economic, environmental, and social dimensions has emerged as an interpretation model by companies, although each of these dimensions may present a challenge. The corporate sector has faced an increasing demand from society regarding these sustainability concepts, though the actions and the role to be played by companies within this context are still being questioned. Equity costs were analyzed by a multivariate regression of beta on accounting measures

Microfoundations of Social Capital

DEFF Research Database (Denmark)

Thöni, Christian; Tyran, Jean-Robert; Wengström, Erik Roland

We show that the standard trust question routinely used in social capital research is importantly related to cooperation behavior and we provide a microfoundation for this relation. We run a large-scale public goods experiment over the internet in Denmark and find that the trust question is a proxy...

Green Infrastructure in Context: Public Health and Ecosystem Services

Science.gov (United States)

Using interdisciplinary approaches to urban water management strategies can yield benefits for sustainability. While green infrastructure (GI) has primarily been used to increase infiltration/redistribution and reduce runoff in urban areas, the physical siting of GI can provide o...

Power infrastructure quality and manufacturing productivity in Africa: A firm level analysis

International Nuclear Information System (INIS)

Moyo, Busani

2013-01-01

This study sought to examine the impact of the quality of power infrastructure on productivity in African manufacturing firms using data from the World Bank enterprise surveys. We measured power infrastructure quality using the number of hours per day without electricity and the percentage of output lost due to outages and found these indicators to be negative and significant determinants of productivity. These variables seem to be significant determinants in Uganda, Tanzania and Zambia as well as in the food and agriculture sector. To improve economic growth and encourage employment creation, governments in Africa have to come up with measures to improve the reliability of electricity infrastructure. - Highlights: • Power infrastructure quality indicators are found to have a negative and significant effect. • The power quality indicators have varied effects both at country and sector level. • Owning a generator minimises the negative impact of outages in Uganda, Tanzania and Mauritius. • Other controls like labour, capital, foreign ownership etc. have a positive and significant effect. • The firm age variable is insignificant suggesting that accumulated knowledge does not matter

Fundo público e políticas sociais na crise do capitalismo Public fund and social policies in the crisis of capitalism

Directory of Open Access Journals (Sweden)

Evilasio Salvador

2010-12-01

Full Text Available A característica comum a todas as crises financeiras dos últimos trinta anos é o comparecimento do fundo público para socorrer instituições financeiras falidas durante as crises bancárias, à custa dos impostos pagos pelos cidadãos. Com a financeirização da riqueza, os mercados financeiros passam a disputar cada vez mais recursos do fundo público, impedindo a expansão dos direitos sociais. Este artigo tem por objetivo discutir a crise do capital a partir do papel exercido pelo fundo público e seus rebatimentos no financiamento da seguridade social no Brasil.The characteristic that has been common to all financial crises in the last 30 years is the appearance of the public fund to bail out bankrupt financial institutions during the banking crises, at the expense of taxes paid by the citizens. Financing wealth, financial markets dispute resources from the public fund more and more, which impedes the expansion of social rights. This article aims to discuss the crisis of the capital from the role played by public funds and their impact on the financing of social security in Brazil.

Nested barriers to low-carbon infrastructure investment

Science.gov (United States)

Granoff, Ilmi; Hogarth, J. Ryan; Miller, Alan

2016-12-01

Low-carbon, 'green' economic growth is necessary to simultaneously improve human welfare and avoid the worst impacts of climate change and environmental degradation. Infrastructure choices underpin both the growth and the carbon intensity of the economy. This Perspective explores the barriers to investing in low-carbon infrastructure and some of the policy levers available to overcome them. The barriers to decarbonizing infrastructure 'nest' within a set of barriers to infrastructure development more generally that cause spending on infrastructure--low-carbon or not--to fall more than 70% short of optimal levels. Developing countries face additional barriers such as currency and political risks that increase the investment gap. Low-carbon alternatives face further barriers, such as commercialization risk and financial and public institutions designed for different investment needs. While the broader barriers to infrastructure investment are discussed in other streams of literature, they are often disregarded in literature on renewable energy diffusion or climate finance, which tends to focus narrowly on the project costs of low- versus high-carbon options. We discuss how to overcome the barriers specific to low-carbon infrastructure within the context of the broader infrastructure gap.

Public Private Partnerships: A possible alternative for delivery of infrastructure projects in Africa

OpenAIRE

Salim Bwanali; Pantaleo Rwelamila

2017-01-01

It is estimated that Africa needs $93 billion annually until 2020 in order to bridge its infrastructure deficit. It is through significant investment in infrastructure development that economic growth and poverty alleviation can be enhanced. However central to all construction projects is an effective and sustainable procurement system. There is a notable shift by some African governments to turn to the private sector to design, build, finance and operate infrastructure facilities previously ...

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.

Creating public value : Optimizing cooperation Between public and private Partners in infrastructure Projects

NARCIS (Netherlands)

Koops, L.S.W.

2017-01-01

Infrastructure projects - such as the construction of tunnels and bridges or the (re)construction of roads and highways – are always performed to add quality to society. In The Netherlands, these projects are most often financed by the government, from local to national level, and constructed by

Security audits of multi-tier virtual infrastructures in public infrastructure clouds

DEFF Research Database (Denmark)

Bleikertz, Sören; Schunter, Matthias; Probst, Christian W.

2010-01-01

Cloud computing has gained remarkable popularity in the recent years by a wide spectrum of consumers, ranging from small start-ups to governments. However, its benefits in terms of flexibility, scalability, and low upfront investments, are shadowed by security challenges which inhibit its adoption....... Managed through a web-services interface, users can configure highly flexible but complex cloud computing environments. Furthermore, users misconfiguring such cloud services poses a severe security risk that can lead to security incidents, e.g., erroneous exposure of services due to faulty network...... security configurations. In this article we present a novel approach in the security assessment of the end-user configuration of multi-tier architectures deployed on infrastructure clouds such as Amazon EC2. In order to perform this assessment for the currently deployed configuration, we automated...

Consequences of Debt Capitalization: Property Ownership and Debt/Tax Choice

OpenAIRE

Reiner Eichenberger; David Stadelmann

2009-01-01

Public debts capitalize into property prices. Therefore, property owners tend to favor tax over debt financing for government spending. In contrast, tenants do not suffer from debt capitalization. Thus, they tend to favor debt over tax financing. Our model of the resulting democratic fight between property owners and tenants over public debts and taxes predicts that the property ownership rate in a jurisdiction negatively effects the debt level. We provide empirical support for this hypothesi...

Social Capital and Human Mortality: Explaining the Rural Paradox with County-Level Mortality Data

Science.gov (United States)

Yang, Tse-Chuan; Jensen, Leif; Haran, Murali

2011-01-01

The "rural paradox" refers to standardized mortality rates in rural areas that are unexpectedly low in view of well-known economic and infrastructural disadvantages there. We explore this paradox by incorporating social capital, a promising explanatory factor that has seldom been incorporated into residential mortality research. We do so while…

Cost–benefit analysis of intellectual capital disclosure: University stakeholders’ view

Directory of Open Access Journals (Sweden)

Yolanda Ramírez Córcoles

2013-06-01

Full Text Available The reporting of intellectual capital in higher education institutions becomes of vital importance mainly due to the fact that knowledge is the main output and input in these institutions. Also, the increasing social concern about establishing procedures of accountability and ensuring information transparency in public universities prompted us to raise the need to disclose information on their intellectual capital. This paper aims to know the main reasons why Spanish universities do not disclose information about their intellectual capital in the current accounting information model and the positive consequences that may result from such disclosure. To this end a questionnaire was designed and sent to all the members of the Social Councils of Spanish public universities. The obtained results show that intellectual capital disclosure results in a higher transparency of the institution, increased user satisfaction and improved credibility, image and reputation of the University, while it is the lack of internal systems of identification and measurement of intangible elements the main reason for not disclosing information on intellectual capital.

SOCIAL CAPITAL AND REGIONAL DEVELOPMENT: THE CASE OF SOUTHEAST TOCANTINS

Directory of Open Access Journals (Sweden)

Waldecy Rodrigues

2012-05-01

Full Text Available What are the variables as the economic development of localities? The traditional economic view emphasizes the role of natural conditions, human capacity, the public and private investments to the process of economic growth and development, but recently the literature on social capital has been emphasizing that economic variables are not sufficient to explain the process, as the social and civic participation are also relevant. Thus, this paper has as main objective to present and discuss the relationship between social capital and local economic development, taking as a case study in southeastern state of Tocantins. The method employed to collect secondary data on the variables as the development and interviews to assess the social capital of the municipalities surveyed. They were collected in a descriptive way and also created an econometric model to assess the specific importance of social capital on the levels of development in the region. We conclude that social capital is relevant to improving development indicators, but variables related to the advancement of public policies to improve life expectancy, education and direct combat poverty are even more important.

Capital finance and ownership conversions in health care.

Science.gov (United States)

Robinson, J C

2000-01-01

This paper analyzes the for-profit transformation of health care, with emphasis on Internet start-ups, physician practice management firms, insurance plans, and hospitals at various stages in the industry life cycle. Venture capital, conglomerate diversification, publicly traded equity, convertible bonds, retained earnings, and taxable corporate debt come with forms of financial accountability that are distinct from those inherent in the capital sources available to nonprofit organizations. The pattern of for-profit conversions varies across health sectors, parallel with the relative advantages and disadvantages of for-profit and nonprofit capital sources in those sectors.

Critical infrastructure protection research results of the first critical infrastructure protection research project in Hungary

CERN Document Server

Padányi, József

2016-01-01

This book presents recent research in the recognition of vulnerabilities of national systems and assets which gained special attention for the Critical Infrastructures in the last two decades. The book concentrates on R&D activities in the relation of Critical Infrastructures focusing on enhancing the performance of services as well as the level of security. The objectives of the book are based on a project entitled "Critical Infrastructure Protection Researches" (TÁMOP-4.2.1.B-11/2/KMR-2011-0001) which concentrated on innovative UAV solutions, robotics, cybersecurity, surface engineering, and mechatrinics and technologies providing safe operations of essential assets. This report is summarizing the methodologies and efforts taken to fulfill the goals defined. The project has been performed by the consortium of the Óbuda University and the National University of Public Service.

Infrastructure investments in developing economies the case of Vietnam

CERN Document Server

Dang, Giang

2015-01-01

This book aims to provide knowledge on how infrastructure is planned and built in a typical developing country, and what key variables are there in the system limiting the efficient use of public investments in infrastructure. The book begins with a comprehensive literature review on construction and economic development, and trade and economic development. The focus of the book is on the case of Vietnam, with lessons drawn for other developing economies. The book employs the mixed use of data to provide a stronger basis for analysis and interpretation of related government policies. Based on the research findings, the book recommends significant capacity building work for Vietnam to develop capacities that would remove constraints on the efficient use of public investments in infrastructure. The general principles of significant capacity building work which are useful for policy implications are introduced in the book. Analysts, academics, public and private communities in developing countries can adopt the ...

Playing the triangle: Cosmopolitanism, Cultural Capital and Social Capital as intersecting scholarly discourses about social inclusion and marginalisation in Australian public policy debates

Directory of Open Access Journals (Sweden)

Andrew Jakubowicz

2011-11-01

Full Text Available A constant challenge for scholarly research relates to its impact on and integration into public policy. Where the policy issues are ‘wicked’, as are those concerning intercultural relations and social cohesion, social science research often becomes implicated in real-world problem solving which occurs within everyday political manoeuvring. This paper takes three empirical problems, and three conceptual approaches, and explores what happens when they are pressed together. In particular the paper explores how together they can enhance the social value of the concept of ‘social inclusion’. Cosmopolitanism has a myriad of possible definitions, but is perhaps best addressed in anthropological fashion, by trying to capture the space formed by its presumptive antagonists: nationalism, prejudice, localism, parochialism, and ‘rootedness’ (as in ‘rootless cosmopolitan’. Cultural capital, as developed by Bourdieu, concerns a disposition of mind and body that empowers members of those particular groups that have the resource in socially–approved abundance to operate the cultural apparatus of a society and therefore the power system, to their mutual and individual benefit. Social capital, removed of the vestiges of Marxist class analysis that lurk in Bourdieu’s explorations of education and social power, harks back to another sociological forebear. Emile Durkheim, whose vision of modernity as a constantly incipient catastrophe that could only be held off by a reinvigoration of collective consciousness, has influenced through the Talcott Parsons school of social systemics Robert Putnam (and Australian politician and academic Andrew Leigh’s focus on ‘bonding’ and ‘bridging’ social capital. Having examined these concepts the paper applies them sequentially to three cases of state/civil society relations, through the February 2011 People of Australia multiculturalism policy, the place of young Muslims in Australian society, and the

CAPITAL STRUCTURE AND VENTURE CAPITAL

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Becsky-Nagy Patricia

2015-07-01

Full Text Available Venture capital significantly changes the capital structure of the portfolio company at the time of the investment. Venture capitalists contribute to the company’s success through their active involvement in the management and their added value appears in the increase of the value of the equity. At the same time with taking active role in the management, agency problem occurs, that complicates the cooperation and the success of exit. In this article we search the answer for the question whether the preferred equity, that are commonly used in the US for bridging the agency problem, are used and able to help Hungarian venture capitalists to manage agency problems. On the other hand we examined how the venture capital affect capital structure, how the venture capitalists value added appear in the capital structure. During the evaluation of the three case studies, we came to the conclusion, that the venture capital investments have positive effect on the liabilities of the enterprises, as the capital structure indexes show. However, the investors need the ownership, which help them to step up resolutely, when things change for the worse, and companies need the expertise, which the investors bring with their personal assistance. The investor’s new attitude also has positive effect on a mature company, which has an experienced leader, because he can show another aspect, as a person who come from outside. During the examination of the capital structure, we cannot disregard the events of the company’s environment, which have effects on the firm. The investor’s decisions also appear different ways. Because of this, every venture capital investment is different, just as the capital structure of the firms, in which they invest.

Infrastructure investment and incentives with supranational funding

OpenAIRE

Socorro, M. Pilar; De Rus, Ginés

2011-01-01

Public infrastructure investment is usually co-financed by supranational organizations. The selection of projects is supposed to be decided using the information provided by conventional cost-benefit analysis. Nevertheless, we show that the type of institutional design regarding the financing mechanism affects the incentives of national governments to reduce costs and increase revenues, affecting project selection, the infrastructure capacity, the choice of technology, and the type of contrac...

What's My Lane? Identifying the State Government Role in Critical Infrastructure Protection

OpenAIRE

Donnelly, Timothy S.

2012-01-01

Approved for public release; distribution is unlimited What constitutes an effective Critical Infrastructure and Key Resources (CIKR) protection program for Massachusetts This study evaluates existing literature regarding CIKR to extrapolate an infrastructure protection role for Massachusetts. By reviewing historical events and government strategies regarding infrastructure protection, Chapters I and II will provide scope and context for issues surrounding critical infrastructure. Chapter ...

Capital Income Tax Coordination and the Income Tax Mix

DEFF Research Database (Denmark)

Huizinga, Harry; Nielsen, Søren Bo

2005-01-01

in the mix of capital and labor taxes brought on by capital income tax coordination can potentially be welfare reducing. This reflects that in a non-cooperative equilibrium capital income taxes may be more distorting from an international perspective than are labor income taxes. Simulations with a simple...... model calibrated to EU public finance data suggest that countries indeed lower their labor taxes in response to higher coordinated capital income taxes. The overall welfare effects of capital income tax coordination, however, are estimated to remain positive.JEL Classification: F20, H87......Europe has seen several proposals for tax coordination only in the area of capital income taxation, leaving countries free to adjust their labor taxes. The expectation is that highercapital income tax revenues would cause countries to reduce their labor taxes. This paper shows that such changes...

Once the shovel hits the ground : Evaluating the management of complex implementation processes of public-private partnership infrastructure projects with qualitative comparative analysis

NARCIS (Netherlands)

S. Verweij (Stefan)

2015-01-01

markdownabstractAbstract Much attention is being paid to the planning of public-private partnership (PPP) infrastructure projects. The subsequent implementation phase – when the contract has been signed and the project ‘starts rolling’ – has received less attention. However, sound agreements

Global Land Transport Infrastructure Requirements

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-06-01

Over the next four decades, global passenger and freight travel is expected to double over 2010 levels. In order to accommodate this growth, it is expected that the world will need to add nearly 25 million paved road lane-kilometres and 335 000 rail track kilometres. In addition, it is expected that between 45 000 square kilometres and 77 000 square kilometres of new parking spaces will be added to accommodate vehicle stock growth. These land transport infrastructure additions, when combined with operations, maintenance and repairs, are expected to cost as much as USD 45 trillion by 2050. This publication reports on the International Energy Agency’s (IEA) analysis of infrastructure requirements to support projected road and rail travel through 2050, using the IEA Mobility Model. It considers land transport infrastructure additions to support travel growth to 2050. It also considers potential savings if countries pursue “avoid and shift” policies: in this scenario, cumulative global land transport infrastructure spending could decrease as much as USD 20 trillion by 2050 over baseline projections.

THE PRESSURE OF ANTHROPIC ACTIVITIES ON NATURAL CAPITAL OF SATU MARE COUNTY

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VIOLETA BRAN

2017-12-01

Full Text Available The relationship between man and the natural environment, that provides the most valuable resources for existence, has transformed over time into an artificial and destructive manifestation. The encrease of the standard of living of society has been achieved through the drastic reduction of natural resources and the demage of the environment, endangering the welfare of future generations. Activities such as discharges of waste in the rivers, inappropriate use of land, uncontrolled deforestation, fragmentation of habitats due to infrastructure development pose the greatest risks to natural capital. This article aims to analyze by statistical methods, on the basis of the documents studied, the negative effects of anthropogenic activities on the natural capital of Satu Mare County.

The economics of fast charging infrastructure for electric vehicles

International Nuclear Information System (INIS)

Schroeder, Andreas; Traber, Thure

2012-01-01

By 2011 little is known about the economic rationale of public fast chargers for electric vehicles (EV). This paper aims at providing an insight into the business case of this technology in a case study for Germany. The estimated Return on Investment (ROI) of a public fast charging station constitutes the main contribution. Potential users and organization structures are investigated as well as different tariff types. According to the estimations, the current market outlook seems too uncertain for triggering a large-scale roll-out of fast charging infrastructure. Approximations suggest that investment is hardly profitable at low EV adoption rates, unless investment cost can be severely lowered. Besides competition with alternative charging solutions, the general EV adoption rate is detected as being a main risk factor for investment in public charging infrastructure. Highlights: ► Private investment into public fast charging infrastructure appears to be driven by other than pure project prospects at current EV penetration rates. ► High cost markups are needed to refinance investment, unless grid tariffs are exempted or constant high demand is assured. ► Investment into public fast charging remains risky and incentives can be contained by the spreading of alternative home-charging devices and alternative propulsion technologies.

Building the Synergy between Public Sector and Research Data Infrastructures

Science.gov (United States)

Craglia, Massimo; Friis-Christensen, Anders; Ostländer, Nicole; Perego, Andrea

2014-05-01

INSPIRE is a European Directive aiming to establish a EU-wide spatial data infrastructure to give cross-border access to information that can be used to support EU environmental policies, as well as other policies and activities having an impact on the environment. In order to ensure cross-border interoperability of data infrastructures operated by EU Member States, INSPIRE sets out a framework based on common specifications for metadata, data, network services, data and service sharing, monitoring and reporting. The implementation of INSPIRE has reached important milestones: the INSPIRE Geoportal was launched in 2011 providing a single access point for the discovery of INSPIRE data and services across EU Member States (currently, about 300K), while all the technical specifications for the interoperability of data across the 34 INSPIRE themes were adopted at the end of 2013. During this period a number of EU and international initiatives has been launched, concerning cross-domain interoperability and (Linked) Open Data. In particular, the EU Open Data Portal, launched in December 2012, made provisions to access government and scientific data from EU institutions and bodies, and the EU ISA Programme (Interoperability Solutions for European Public Administrations) promotes cross-sector interoperability by sharing and re-using EU-wide and national standards and components. Moreover, the Research Data Alliance (RDA), an initiative jointly funded by the European Commission, the US National Science Foundation and the Australian Research Council, was launched in March 2013 to promote scientific data sharing and interoperability. The Joint Research Centre of the European Commission (JRC), besides being the technical coordinator of the implementation of INSPIRE, is also actively involved in the initiatives promoting cross-sector re-use in INSPIRE, and sustainable approaches to address the evolution of technologies - in particular, how to support Linked Data in INSPIRE and

Resurrecting social infrastructure as a determinant of urban tuberculosis control in Delhi, India.

Science.gov (United States)

Chandra, Shivani; Sharma, Nandini; Joshi, Kulanand; Aggarwal, Nishi; Kannan, Anjur Tupil

2014-01-17

The key to universal coverage in tuberculosis (TB) management lies in community participation and empowerment of the population. Social infrastructure development generates social capital and addresses the crucial social determinants of TB, thereby improving program performance. Recently, there has been renewed interest in the concept of social infrastructure development for TB control in developing countries. This study aims to revive this concept and highlight the fact that documentation on ways to operationalize urban TB control is required from a holistic development perspective. Further, it explains how development of social infrastructure impacts health and development outcomes, especially with respect to TB in urban settings. A wide range of published Government records pertaining to social development parameters and TB program surveillance, between 2001 and 2011 in Delhi, were studied. Social infrastructure development parameters like human development index along with other indicators reflecting patient profile and habitation in urban settings were selected as social determinants of TB. These include adult literacy rates, per capita income, net migration rates, percentage growth in slum population, and percentage of urban population living in one-room dwelling units. The impact of the Revised National Tuberculosis Control Program on TB incidence was assessed as an annual decline in new TB cases notified under the program. Univariate linear regression was employed to examine the interrelationship between social development parameters and TB program outcomes. The decade saw a significant growth in most of the social development parameters in the State. TB program performance showed 46% increment in lives saved among all types of TB cases per 100,000 population. The 7% reduction in new TB case notifications from the year 2001 to 2011, translates to a logarithmic decline of 5.4 new TB cases per 100,000 population. Except per capita income, literacy, and net

CAPITAL INDUSTRY PRACTICE AND AGGRESSIVE CONSERVATIVE WORKING CAPITAL POLICIES IN NIGERIA

OpenAIRE

Rafiu Oyesola Salawu

2007-01-01

This study investigates fifteen diverse industrial groups over an extended period to establish the relationship between aggressive and conservative working capital practices. Data were sourced from the annual reports of the companies and the publications of Nigerian Stock Exchange. Descriptive statistics were used for analyzing the data collected. Results strongly show that firms in differing industries have significantly different current asset management policies. Additionally, the relative...

Optimal taxation and debt with uninsurable risks to human capital accumulation

OpenAIRE

Gottardi, Piero; Kajii, Atsushi; Nakajima, Tomoyuki

2015-01-01

We consider an economy where individuals face uninsurable risks to their human capital accumulation, and analyze the optimal level of linear taxes on capital and labor income together with the optimal path of government debt. We show that in the presence of such risks it is beneficial to tax both labor and capital and to issue public debt. We also assess the quantitative importance of these findings, and show that the benefits of government debt and capital taxes both increase with the magnit...

Reporting the condition of South Africa’s water sector infrastructure

CSIR Research Space (South Africa)

Wall, Kevin

2017-07-01

Full Text Available The purpose of the “national infrastructure report cards” of the condition of engineering infrastructure in South Africa has been to draw the attention of government, and of the South African public at large to the importance of maintenance...

From Piketty’s Capital to Marx’s das Kapital

Directory of Open Access Journals (Sweden)

Øjvind Larsen

2016-11-01

Full Text Available Thomas Piketty’s book Capital in the Twenty-First Century has created a very new platform for a discussion of the global economy. There is possibly no other book on economy which has been published in so many languages, printed in so many copies, and has found its way to such a varied global public. Piketty’s Capital has been discussed in many high ranked academic journals, and at the same time, it has come out to a broader audience with advertisements in places like the underground public transportation in metropolises around the world. The title of the book is also very ambitious in so far as the title Capital claims to be a follow up of Karl Marx’s Das Kapital for the twenty-first century. Piketty is similar to Marx in his ambition to give a large historical, or a world historical perspective on the significance of capitalist economy for the development of global society. Given this background it could be interesting to consider the relations between Piketty’s Capital and Marx’s Das Kapital.

Danish Capitalism in the 20th Century

DEFF Research Database (Denmark)

Iversen, Martin Jes; Sløk-Madsen, Stefan Kirkegaard

marked by large-scale redistribution and a very active public sector. The purpose of this book project is to analyze development of Danish capitalism in the 20th century. The first of our hypothesis state that the phases of Danish capitalism and the general corporate strategies reflected each other...... how the corporate strategies shaped and was shaped by the changing nature of Danish capitalism. Such a work as this is important as it bears testimony to the changing nature of market institutions. A descriptive and analytic exercise such as proposed here have only to a limited extent been carried out...... in the Danish language, and never in a compiled, comprehensive, and connected work. The English language situation for understanding Danish capitalism is even more dire, which leads to increasing, and likely reinforcing, stereotypes and myths about “the fairytale country”....

Sexual Capital in the Public Version

Directory of Open Access Journals (Sweden)

Hanna Steppa

2014-01-01

Full Text Available The main intention of Samuel Nowak—the author of Sexual Capital—is to define “what the mass media are for men labelling themselves as gay, taking into account various, although always treated collectively, contexts: economic, political and medial”(p. 9. The sub-title of the study, which defines the direction of the whole text, is Wyobrażone wspólnotysmaku i medialne tożsamości polskich gejów (“Imagined Communities of Taste and Medial Identities of Polish Gay Persons”. In the Nowak’s study, important is the evaluation from outside (as viewed by science and from within (as viewed by proponents of LGBT. The critical review of Sexual Capital is compatible with the structure of the original text: originally focuses on scientific theories in order to end with the examples from Polish medial realities.

Enabling a Secure Environment for Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) Transactions : April 2012 Public Workshop Proceedings

Science.gov (United States)

2012-06-08

This report provides a summary and overview of the Public Workshop entitled, Enabling a Secure Environment for Vehicle-to-Vehicle and Vehicle-to-Infrastructure Transactions, presented by USDOT. The workshop took place on April 19-20, 2012 at th...

Determinants of public capital spending in less-developed countries

NARCIS (Netherlands)

Sturm, Jan-Egbert

2001-01-01

Abstract In a great majority of countries throughout the world productive government services have declined as percentage of GDP since the 1970s. In the macroeconomic literature this is often associated with the general productivity growth decline, suggesting an important role for infrastructure

Successful Strategies for Capital Campaigns

Science.gov (United States)

Grover, Stuart R.

2007-01-01

Twenty five years ago, few community or technical colleges considered launching capital campaigns. They lacked community standing, professional fundraising staff, and the related institutional foundation structure to manage charitable efforts. Gradually, as public funding eroded, bond issues became harder to pass, and colleges recognized the need…

Final report for the Integrated and Robust Security Infrastructure (IRSI) laboratory directed research and development project

Energy Technology Data Exchange (ETDEWEB)

Hutchinson, R.L.; Hamilton, V.A.; Istrail, G.G.; Espinoza, J.; Murphy, M.D.

1997-11-01

This report describes the results of a Sandia-funded laboratory-directed research and development project titled {open_quotes}Integrated and Robust Security Infrastructure{close_quotes} (IRSI). IRSI was to provide a broad range of commercial-grade security services to any software application. IRSI has two primary goals: application transparency and manageable public key infrastructure. IRSI must provide its security services to any application without the need to modify the application to invoke the security services. Public key mechanisms are well suited for a network with many end users and systems. There are many issues that make it difficult to deploy and manage a public key infrastructure. IRSI addressed some of these issues to create a more manageable public key infrastructure.

‘Pieces of kit’ are not enough: the role of infrastructure in community resilience

Directory of Open Access Journals (Sweden)

Orr Paula

2016-01-01

Full Text Available Flood resilience is about the ability of people and places to cope with, recover from and adapt to flooding in ways that maintain quality of life and identities. In the past UK flood risk management prioritised engineering solutions to prevent flooding (barriers, walls, etc; today there is greater emphasis on resilience. Cutter et al (2010 developed a model that describes community resilience capacities/resources in terms of social, institutional, infrastructure and economic resilience along with community capital. This paper draws on the findings of an evaluation of thirteen flood resilience community ‘pathfinder’ projects run in England between 2013 – 2015, which aimed to enable and stimulate communities to develop innovative local solutions and improve resilience to flooding. Actions to improve flood infrastructure included installing property resilience measures or setting up community flood stores providing equipment to deal with emergencies. The paper explores the way that ‘infrastructure resilience capacities’ were developed and examines how physical infrastructure contributed to community flood resilience. It finds that the development of infrastructure resilience depends on strong relations between community members (‘community capital’ as well as relationships between community organisations and flood management institutions (‘institutional resilience’. The conclusions discuss the implications for infrastructure schemes in other places.

Between: Capital, Culture, and the Transformation of Hong Kong’s Universities

Directory of Open Access Journals (Sweden)

Gray Kochhar-Lindgren

2013-04-01

Full Text Available The public universities in Hong Kong are preparing for a momentous educational reform in the Fall of 2012 that will create four- instead of three-year degrees and add a strong General Education component to the curriculum. In this essay, I examine the trajectory of this reform from the point of view of an "insider-outsider" Fulbright Scholar in General Education who, based at the University of Hong Kong and the Hong Kong America Center (but working with colleagues across the system, consulted on the formation of interdisciplinary courses, interactive teaching, and administrative infrastructure for the launch of the reform. I examine the change in light of the flow of global capital, the development of the "whole person" familiar to us from the discourse of the Liberal Arts, and of the demands of multinationals based in Hong Kong for a differently trained globalized workforce. The Hong Kong experiment is, I argue, an illuminating site to examine in order for us to better understand the emergence of the global university.

Neighborhood Walking and Social Capital: The Correlation between Walking Experience and Individual Perception of Social Capital

Directory of Open Access Journals (Sweden)

Heechul Kim

2017-04-01

Full Text Available The purpose of this study was to analyze the relationship between people’s actual walking experience and their social capital levels in order to examine the possibility of restoring weakened social functions of streets and public spaces in a walking-friendly urban environment. Based on the survey data of 591 residents of Seoul, we empirically analyzed the relationship between walking experience for various purposes and individual perceptions of social capital using one-way ANOVA and OLS regression models. As a result of the analysis, we found that the levels of neighborly trust and networking of people who experienced leisure walking were higher than those of people who did not, while there was no difference in the level of social capital according to walking experiences for other purposes. This result is significant in that it shows the basis for the restoration of the social function of neighborhoods through social capital formation of people as an effect of walking. Hence, it is important to create a walking environment that supports leisure activities.

Software and hardware infrastructure for research in electrophysiology.

Science.gov (United States)

Mouček, Roman; Ježek, Petr; Vařeka, Lukáš; Rondík, Tomáš; Brůha, Petr; Papež, Václav; Mautner, Pavel; Novotný, Jiří; Prokop, Tomáš; Stěbeták, Jan

2014-01-01

As in other areas of experimental science, operation of electrophysiological laboratory, design and performance of electrophysiological experiments, collection, storage and sharing of experimental data and metadata, analysis and interpretation of these data, and publication of results are time consuming activities. If these activities are well organized and supported by a suitable infrastructure, work efficiency of researchers increases significantly. This article deals with the main concepts, design, and development of software and hardware infrastructure for research in electrophysiology. The described infrastructure has been primarily developed for the needs of neuroinformatics laboratory at the University of West Bohemia, the Czech Republic. However, from the beginning it has been also designed and developed to be open and applicable in laboratories that do similar research. After introducing the laboratory and the whole architectural concept the individual parts of the infrastructure are described. The central element of the software infrastructure is a web-based portal that enables community researchers to store, share, download and search data and metadata from electrophysiological experiments. The data model, domain ontology and usage of semantic web languages and technologies are described. Current data publication policy used in the portal is briefly introduced. The registration of the portal within Neuroscience Information Framework is described. Then the methods used for processing of electrophysiological signals are presented. The specific modifications of these methods introduced by laboratory researches are summarized; the methods are organized into a laboratory workflow. Other parts of the software infrastructure include mobile and offline solutions for data/metadata storing and a hardware stimulator communicating with an EEG amplifier and recording software.

Joint deployment of refuelling infrastructure and vehicles

International Nuclear Information System (INIS)

Smith, R.

2010-01-01

A wide range of fuels will be used in future transportation technologies. This presentation discussed refuelling infrastructure solutions for alternative fuels. A well-placed demonstration infrastructure will help to accelerate market development. Stakeholder collaboration is needed to create high value business paradigms and identify stakeholder benefits. Infrastructure paradigms include the home; businesses; retail public refuelling forecourts; and multi-fuel waste heat recovery sites. Commercial nodes can be developed along major transportation routes. Stakeholder groups include technology providers, supply chain and service providers, commercial end-users, and government. A successful alternative fuel infrastructure model will consider market development priorities, time frames and seed investment opportunities. Applications must be market-driven in order to expand. A case study of the natural gas vehicle (NGV) program in Ontario was also discussed, as well as various hydrogen projects. tabs., figs.

Mapping Knowledge and Intellectual Capital in Academic Environments

OpenAIRE

Hellström, Tomas; Husted, Kenneth

2004-01-01

This paper argues that knowledge mapping may provide a fruitful avenue for intellectual capital management in academic environments such as university departments. However, while some research has been conducted on knowledge mapping and intellectual capital management in the public sector, the university has so far not been directly considered for this type of management. The paper initially reviews the functions and techniques of knowledge mapping and assesses these in the light ...

A life cycle costing approach for discounting in age and interval replacement optimisation models for civil infrastructure assets

NARCIS (Netherlands)

van den Boomen, M.; Schoenmaker, R.; Wolfert, A.R.M.

2017-01-01

Civil infrastructure assets, such as roads, locks, bridges, treatment plants and storm surge barriers, are often characterised by long service lives and corresponding technical life cycles. When life cycles are long, the time value of money plays a role in asset management decision-making on capital

Leveraging human capital to reduce maternal mortality in India: enhanced public health system or public-private partnership?

Science.gov (United States)

Krupp, Karl; Madhivanan, Purnima

2009-02-27

Developing countries are currently struggling to achieve the Millennium Development Goal Five of reducing maternal mortality by three quarters between 1990 and 2015. Many health systems are facing acute shortages of health workers needed to provide improved prenatal care, skilled birth attendance and emergency obstetric services - interventions crucial to reducing maternal death. The World Health Organization estimates a current deficit of almost 2.4 million doctors, nurses and midwives. Complicating matters further, health workforces are typically concentrated in large cities, while maternal mortality is generally higher in rural areas. Additionally, health care systems are faced with shortages of specialists such as anaesthesiologists, surgeons and obstetricians; a maldistribution of health care infrastructure; and imbalances between the public and private health care sectors. Increasingly, policy-makers have been turning to human resource strategies to cope with staff shortages. These include enhancement of existing work roles; substitution of one type of worker for another; delegation of functions up or down the traditional role ladder; innovation in designing new jobs;transfer or relocation of particular roles or services from one health care sector to another. Innovations have been funded through state investment, public-private partnerships and collaborations with nongovernmental organizations and quasi-governmental organizations such as the World Bank. This paper focuses on how two large health systems in India--Gujarat and Tamil Nadu--have successfully applied human resources strategies in uniquely different contexts to the challenges of achieving Millennium Development Goal Five.

Leveraging human capital to reduce maternal mortality in India: enhanced public health system or public-private partnership?

Directory of Open Access Journals (Sweden)

Madhivanan Purnima

2009-02-01

Full Text Available Abstract Developing countries are currently struggling to achieve the Millennium Development Goal Five of reducing maternal mortality by three quarters between 1990 and 2015. Many health systems are facing acute shortages of health workers needed to provide improved prenatal care, skilled birth attendance and emergency obstetric services – interventions crucial to reducing maternal death. The World Health Organization estimates a current deficit of almost 2.4 million doctors, nurses and midwives. Complicating matters further, health workforces are typically concentrated in large cities, while maternal mortality is generally higher in rural areas. Additionally, health care systems are faced with shortages of specialists such as anaesthesiologists, surgeons and obstetricians; a maldistribution of health care infrastructure; and imbalances between the public and private health care sectors. Increasingly, policy-makers have been turning to human resource strategies to cope with staff shortages. These include enhancement of existing work roles; substitution of one type of worker for another; delegation of functions up or down the traditional role ladder; innovation in designing new jobs;transfer or relocation of particular roles or services from one health care sector to another. Innovations have been funded through state investment, public-private partnerships and collaborations with nongovernmental organizations and quasi-governmental organizations such as the World Bank. This paper focuses on how two large health systems in India – Gujarat and Tamil Nadu – have successfully applied human resources strategies in uniquely different contexts to the challenges of achieving Millennium Development Goal Five.

Social opportunity cost of capital: empirical estimates

Energy Technology Data Exchange (ETDEWEB)

Townsend, S.

1978-02-01

This report develops estimates of the social-opportunity cost of public capital. The private and social costs of capital are found to diverge primarily because of the effects of corporate and personal income taxes. Following Harberger, the social-opportunity cost of capital is approximated by a weighted average of the returns to different classes of savers and investors where the weights are the flows of savings or investments in each class multiplied by the relevant elasticity. Estimates of these parameters are obtained and the social-opportunity cost of capital is determined to be in the range of 6.2 to 10.8%, depending upon the parameter values used. Uncertainty is found to affect the social-opportunity cost of capital in two ways. First, some allowance must be made for the chance of failure or at least of not realizing claims of a project's proponents. Second, a particular government project will change the expected variability of the returns to the government's entire portfolio of projects. In the absence of specific information about each project, the use of the economy-wide average default and risk adjustments is suggested. These are included in the empirical estimates reported. International capital markets make available private capital, the price of which is not distorted by the U.S. tax system. The inclusion of foreign sources slightly reduces the social-opportunity cost of capital. 21 references.

INTELLECTUAL CAPITAL: A CRITICAL APPROACH ON DEFINITIONS AND CATEGORIZATION

Directory of Open Access Journals (Sweden)

Diana GIOACASI

2014-12-01

Full Text Available Intellectual capital has become the leading resource for creating economic value and there are an important number of publications focused on this area of research. In spite of the interest for this area of research, the existence of different terms regarding intellectual capital makes the process of definition and classification difficult. The purpose of this study is to analyze the concepts related to intellectual capital by establishing the connections and correlations between the terms in order to make the term of intellectual capital fully understandable and also to explain how the components of intellectual capital can be structured. The analysis of intellectual capital definitions is significant because it is a first step in intangible factors understanding, having implications on the company pattern of knowledge evaluation. Of all the terms analyzed, intangible assets allows a clear definition of its meaning, its components and thus provides insight into ways of assessing the knowledge of an entity.

Employee coaching and counseling program metode alternatif untuk optimalisasi human capital pada pegawai aparatur sipil negara (ASN

Directory of Open Access Journals (Sweden)

Marina Sulastiana

2017-06-01

Full Text Available State Civil Servants Apparatus (ASN have to be more integrity, professional, neutral and capable to carrying out a public service to the community. It was an important one that can be optimized through development of human capital. Based on previous research investigated role of Human Capital towards Services and performance of Public Service, shows that staff and head divison level only has moderate degree of human capital. While, Emotional Capital was a most dominan aspect in Human Capital. Otherwise, Social Capital aspects results in the low level. It comes with consequences to optimized them through psychological intervention with group Employee Coaching and Counseling Program (ECCP. This study was action research, experimental one group preteset and postest design. The result shows that ECCP was contribute effectively to enhance Human Capital, particularly in Emotional Capital optimization.

Association Between Community Social Capital and Hospital Readmission Rates.

Science.gov (United States)

Brewster, Amanda L; Lee, Suhna; Curry, Leslie A; Bradley, Elizabeth H

2018-05-31

Hospital readmissions remain frequent, and are partly attributable to patients' social needs. The authors sought to examine whether local community levels of social capital are associated with hospital readmission rates. Social capital refers to the connections among members of a society that foster norms of reciprocity and trust, which may influence the availability of support for postdischarge recovery after hospitalization. Associations between hospital-wide, risk-stratified readmission rates for hospitals in the United States (n = 4298) and levels of social capital in the hospitals' service areas were examined. Social capital was measured by an index of participation in associational activities and civic affairs. A multivariate linear regression model was used to adjust for hospital and community factors such as hospital financial performance, race, income, and availability of heath care services. Results showed that higher social capital was significantly associated with lower readmission rates (P social capital in its region, but in areas of low social capital, it may be possible for public or philanthropic sectors to buttress the types of institutions that address nonmedical causes of readmission.

Uma análise sobre a evidenciação das contas públicas das Capitais brasileiras = An analysis on the disclosure of public accounts of the brazilian capitals

Directory of Open Access Journals (Sweden)

José Dionísio Gomes da Silva

2010-01-01

Full Text Available A transparência exigida para os atos de gestão da administração pública é uma ferramenta importante decontrole, que deve ser utilizada pelos cidadãos, para fiscalizar as ações dos governantes das três esferasdo governo: federal, estadual e municipal. A evidenciação das contas públicas está prevista na Lei nº 4.320,de 17 de março de 1964 e na Lei Complementar 101, de 04 de maio de 2000 (LRF. Esta pesquisa temcomo objetivo geral analisar se todas as capitais brasileiras estão evidenciando suas contas públicas, naInternet, em conformidade com o estabelecido na Lei n° 9.755/98 e no Art. 48 da LRF. Foram utilizadas aspesquisas descritiva, bibliográfica e qualitativa. A coleta de dados foi realizada no sítio denominado deContas Públicas mantido pelo Tribunal de Contas da União (TCU e nos sítios das capitais brasileiras,incluindo a capital federal. Os resultados revelaram que das 27 capitais brasileiras, 13 não fizeram nenhumregistro de contas públicas no sítio de mesmo nome de responsabilidade do Tribunal de Contas da União(TCU, sendo que as demais (14 fizeram registros, mas faltam dados exigidos pela Lei 9755/98 e quenenhuma capital atende as exigências do Art. 48 da LRF.The transparency required for the acts of public administration management is an important tool of control,which should be used by citizens to oversee the actions of the rulers of the three spheres of government:federal, state and municipal levels. The disclosure of public accounts is provided in Law No. 4320 of March17, 1964 and the Complementary Law 101 of May 4, 2000 (LRF. This research aims at analyzing whetherall capital cities are showing their public accounts, the Internet, in accordance with the provisions of Law No.9.755/98 and Art 48 of the LRF. We used the exploratory research, literature and qualitative. Data collectionwas performed at the site known as the Public Accounts maintained by the Court of Audit (TCU and thesites of the Brazilian

A Geographic Information System (GIS-Based Analysis of Social Capital Data: Landscape Factors That Correlate with Trust

Directory of Open Access Journals (Sweden)

Sohrab Rahimi

2017-03-01

Full Text Available The field of community sociology has yielded rich insights on how neighborhoods and individuals foster social capital and reap the benefits of interpersonal relationships and institutions alike. Traditionally, institutions and cultural factors have been lauded as catalysts of community social life and cohesion. Yet, the built environment and configuration of the landscape, including infrastructure, amenities and population density, may also contribute to community social capital. In this article, we embedded zip code-level responses from Harvard University’s Saguaro Seminar’s 2006 Social Capital Community Benchmark Survey with a geographic information system. Specifically, we correlated responses on residents’ general trust, trust of one’s neighbors, and trust of members of other racial groups with local urban environmental factors and infrastructural indicators such as housing and street conditions, land use, city form, amenity access (e.g., libraries and schools, home vacancy rates, and home value. We conducted these tests at the national level and for Rochester, NY, due to its many survey responses. We found that housing vacancies drive down levels of social trust, as captured by homeownership rates and tenure, yielding higher levels of social trust, and that certain urban facilities correlate with high trust among neighbors. Results can inform urban planners on the amenities that support sustainable community ties.

Social capital: theory, evidence, and implications for oral health.

Science.gov (United States)

Rouxel, Patrick L; Heilmann, Anja; Aida, Jun; Tsakos, Georgios; Watt, Richard G

2015-04-01

In the last two decades, there has been increasing application of the concept of social capital in various fields of public health, including oral health. However, social capital is a contested concept with debates on its definition, measurement, and application. This study provides an overview of the concept of social capital, highlights the various pathways linking social capital to health, and discusses the potential implication of this concept for health policy. An extensive and diverse international literature has examined the relationship between social capital and a range of general health outcomes across the life course. A more limited but expanding literature has also demonstrated the potential influence of social capital on oral health. Much of the evidence in relation to oral health is limited by methodological shortcomings mainly related to the measurement of social capital, cross-sectional study designs, and inadequate controls for confounding factors. Further research using stronger methodological designs should explore the role of social capital in oral health and assess its potential application in the development of oral health improvement interventions. © 2014 John Wiley & Sons A/S. Published by John Wiley & Sons Ltd.

Intellectual Capital.

Science.gov (United States)

Snyder, Herbert W.; Pierce, Jennifer Burek

2002-01-01

This review focuses on intellectual capital and its relationship to information professionals. Discusses asset recognition; national practices and the acceptance of intellectual capital; definitions of intellectual capital; measuring intellectual capital, including multiple and single variable measures; managing intellectual capital; and knowledge…

78 FR 76973 - Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy...

Science.gov (United States)

2013-12-20

... Discipline and Disclosure Requirements, Advanced Approaches Risk-Based Capital Rule, and Market Risk Capital..., 2013, a document adopting a final rule that revises its risk-based and leverage capital requirements... risk-based and leverage capital requirements for banking organizations. An allowance for additional...

Public-private partnership conceptual framework and models for the funding and financing of water services infrastructure in municipalities from selected provinces in South Africa

OpenAIRE

Ruiters, Cornelius; Matji, Maselaganye P

2016-01-01

This paper presents public-private partnership (PPP) framework models for funding and financing of water services infrastructure at local government (municipalities) level (sphere) in South Africa. Data were assembled from various stakeholders, viz., private and public sector institutions in the Gauteng and Limpopo Provinces of South Africa. The framework for PPPs identified three models, viz. state, hybrid and private sector models. In the 'state model' the water services value chain is 100%...

Greens of the European Green Capitals

Science.gov (United States)

Cömertler, Seval

2017-10-01

Well established and maintained green areas have a key role on reaching the high quality of life and sustainability in urban environments. Therefore, green areas must be carefully accounted and evaluated in the urban planning affairs. In this context, the European Green Capitals, which attach a great importance to the green areas, have a great potential to act as a role model for both small and big cities in all around the world. These leading cities (chronologically, Stockholm, Hamburg, Vitoria-Gasteiz, Nantes, Copenhagen, Bristol, Ljubljana, Essen and Nijmegen) are inspiring for the other cities which seek to achieve more sustainable and environmentally friendly places through green areas. From this point of view, the aim of this paper was to investigate the green areas of the European Green Capitals. The paper covered whole European Green Capitals, and the application form of each Green Capital was used as a primary data source. Consequently, the paper put forwarded that the European Green Capitals have considerably large amount and high proportion of green areas. Further, these cities provide an excellent access to the public green areas. As a result of abundant provision and proper distribution, the almost all citizens in most of the Green Capitals live within a distance of 300 meters to a green area. For further researches, the paper suggested that these green capitals should be investigated in terms of their efforts, measures, goals and plans, policies and implications to administer, to protect, to enhance and to expand the green areas.

A comparison of private and public sector intensive care unit infrastructure in South Africa.

Science.gov (United States)

Mahomed, S; Sturm, A W; Moodley, P

2017-11-27

Intensive care units (ICUs) are designed to care for patients who are often at increased risk of acquiring healthcare-associated infections. The structure of ICUs should be optimally designed to facilitate the care of these critically ill patients, and minimise their risk of infection. National regulations (R158) were developed to govern the building and registration of private hospitals, and until recently equivalent regulations were not available for public hospitals. To assess and compare the compliance of ICUs in the private and public sectors with the R158 regulations. A cross-sectional study design was used to assess the infrastructure of 25 private sector and 6 public sector ICUs in eThekwini Health District, KwaZulu-Natal Province, South Africa. We used the R158 checklist, which was developed by the KwaZulu-Natal Department of Health Private Licensing Unit and Infection Prevention and Control Unit. The aspects covered in the R158 checklist were categorised into the design, general safety and patient services of the ICUs. Most of the ICUs in both sectors met the general safety requirements. There were varying levels of compliance with the design criteria. Only 7 (28.0%) and 1 (16.7%) of the private and public ICUs, respectively, had sufficient space around the beds. Twenty-two private ICUs (88.0%) and 4 public ICUs (66.7%) had isolation rooms, but only some of these isolation rooms (15 private and 2 public) had appropriate mechanical ventilation. None of the ICUs had clinical hand-wash basins in the nurse stations and dirty utility rooms. The majority of the ICUs had the required number of oxygen and electric outlets at the bedside. None of the public ICUs met the light intensity requirement over the bed area. Adequate spacing in ICUs is an issue in many cases. Interventions need to be put in place to ensure that ICUs meet the relevant design standards. There is an urgent need to revise the R158 regulations to reflect current best practices, particularly

Developing Sustainable Urban Water-Energy Infrastructures: Applying a Multi-Sectoral Social-Ecological-Infrastructural Systems (SEIS) Framework

Science.gov (United States)

Ramaswami, A.

2016-12-01

Urban infrastructure - broadly defined to include the systems that provide water, energy, food, shelter, transportation-communication, sanitation and green/public spaces in cities - have tremendous impact on the environment and on human well-being (Ramaswami et al., 2016; Ramaswami et al., 2012). Aggregated globally, these sectors contribute 90% of global greenhouse gas (GHG) emissions and 96% of global water withdrawals. Urban infrastructure contributions to such impacts are beginning to dominate. Cities are therefore becoming the action arena for infrastructure transformations that can achieve high levels of service delivery while reducing environmental impacts and enhancing human well-being. Achieving sustainable urban infrastructure transitions requires: information about the engineered infrastructure, and its interaction with the natural (ecological-environmental) and the social sub-systems In this paper, we apply a multi-sector, multi-scalar Social-Ecological-Infrastructural Systems framework that describes the interactions among biophysical engineered infrastructures, the natural environment and the social system in a systems-approach to inform urban infrastructure transformations. We apply the SEIS framework to inform water and energy sector transformations in cities to achieve environmental and human health benefits realized at multiple scales - local, regional and global. Local scales address pollution, health, wellbeing and inequity within the city; regional scales address regional pollution, scarcity, as well as supply risks in the water-energy sectors; global impacts include greenhouse gas emissions and climate impacts. Different actors shape infrastructure transitions including households, businesses, and policy actors. We describe the development of novel cross-sectoral strategies at the water-energy nexus in cities, focusing on water, waste and energy sectors, in a case study of Delhi, India. Ramaswami, A.; Russell, A.G.; Culligan, P.J.; Sharma, K

Information and Heterogeneous Beliefs: Cost of Capital, Trading Volume, and Investor Welfare

DEFF Research Database (Denmark)

Christensen, Peter Ove; Qin, Zhenjiang

In an incomplete market setting with heterogeneous prior beliefs, we show that public information can have a substantial impact on the ex ante cost of capital, trading volume, and investor welfare. In a model with exponential utility investors and an asset with a normally distributed dividend...... information system. In an effectively complete market setting, in which investors do not need to trade dynamically in order to take full advantage of their differences in beliefs, the ex ante cost of capital and the investor welfare are both higher than in the incomplete market setting......, the Pareto efficient public information system is the system which enjoys the maximum ex ante cost of capital, and the maximum expected abnormal trading volume. The public information system facilitates improved dynamic trading opportunities based on heterogeneously updated posterior beliefs in order to take...

Information and Heterogeneous Beliefs: Cost of Capital, Trading Volume, and Investor Welfare

DEFF Research Database (Denmark)

Christensen, Peter Ove; Qin, Zhenjiang

information system. In an effectively complete market setting, in which investors do not need to trade dynamically in order to take full advantage of their differences in beliefs, the ex ante cost of capital and the investor welfare are both higher than in the incomplete market setting......In an incomplete market setting with heterogeneous prior beliefs, we show that public information can have a substantial impact on the ex ante cost of capital, trading volume, and investor welfare. In a model with exponential utility investors and an asset with a normally distributed dividend......, the Pareto efficient public information system is the system which enjoys the maximum ex ante cost of capital, and the maximum expected abnormal trading volume. The public information system facilitates improved dynamic trading opportunities based on heterogeneously updated posterior beliefs in order to take...

Human Capital and Cross-Country Comparison of Inequality

OpenAIRE

Jean-Marie Viaene; Itzhak Zilcha

2002-01-01

textabstractThe paper studies the effects of cross-country differences in the production process of human capital on income distribution and growth. Our overlapping gen- erations economy has the following features: (1) consumers are heterogenous with respect to parental human capital and wealth; (2) intergenerational transfers take place via parental education and, public investments in education financed by taxes (possibly, with a level determined by majority voting); (3) due to investment i...

Expecting the Unexpected: Towards Robust Credential Infrastructure

Science.gov (United States)

Xu, Shouhuai; Yung, Moti

Cryptographic credential infrastructures, such as Public key infrastructure (PKI), allow the building of trust relationships in electronic society and electronic commerce. At the center of credential infrastructures is the methodology of digital signatures. However, methods that assure that credentials and signed messages possess trustworthiness and longevity are not well understood, nor are they adequately addressed in both literature and practice. We believe that, as a basic engineering principle, these properties have to be built into the credential infrastructure rather than be treated as an after-thought since they are crucial to the long term success of this notion. In this paper we present a step in the direction of dealing with these issues. Specifically, we present the basic engineering reasoning as well as a model that helps understand (somewhat formally) the trustworthiness and longevity of digital signatures, and then we give basic mechanisms that help improve these notions.

Collaborative Engagement Approaches For Delivering Sustainable Infrastructure Projects In The AEC Sector

Directory of Open Access Journals (Sweden)

Adetola, Alaba

2011-12-01

Full Text Available The public sector has traditionally financed and operated infrastructure projects using resources from taxes and various levies (e.g. fuel taxes, road user charges. However, the rapid increase in human population growth coupled with extended globalisation complexities and associated social/political/economic challenges have placed new demands on the purveyors and operators of infrastructure projects. The importance of delivering quality infrastructure has been underlined by the United Nations declaration of the Millennium Development Goals; as has the provision of ‘adequate’ basic structures and facilities necessary for the well-being of urban populations in developing countries. Thus, in an effort to finance developing countries’ infrastructure needs, most countries have adopted some form of public-private collaboration strategy. This paper critically reviews these collaborative engagement approaches, identifies and highlights 10 critical themes that need to be appropriately captured and aligned to existing business models in order to successfully deliver sustainable infrastructure projects. Research findings show that infrastructure services can be delivered in many ways, and through various routes. For example, a purely public approach can cause problems such as slow and ineffective decision-making, inefficient organisational and institutional augmentation, and lack of competition and inefficiency (collectively known as government failure. On the other hand, adopting a purely private approach can cause problems such as inequalities in the distribution of infrastructure services (known as market failure. Thus, to overcome both government and market failures, a collaborative approach is advocated which incorporates the strengths of both of these polarised positions.

Public Investment in a Small Open Economy

NARCIS (Netherlands)

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

1997-01-01

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

Limiting the financial risks of electricity generation capital investments under carbon constraints: Applications and opportunities for public policies and private investments

Science.gov (United States)

Newcomer, Adam

Increasing demand for electricity and an aging fleet of generators are the principal drivers behind an increasing need for a large amount of capital investments in the US electric power sector in the near term. The decisions (or lack thereof) by firms, regulators and policy makers in response to this challenge have long lasting consequences, incur large economic and environmental risks, and must be made despite large uncertainties about the future operating and business environment. Capital investment decisions are complex: rates of return are not guaranteed; significant uncertainties about future environmental legislation and regulations exist at both the state and national levels---particularly about carbon dioxide emissions; there is an increasing number of shareholder mandates requiring public utilities to reduce their exposure to potentially large losses from stricter environmental regulations; and there are significant concerns about electricity and fuel price levels, supplies, and security. Large scale, low carbon electricity generation facilities using coal, such as integrated gasification combined cycle (IGCC) facilities coupled with carbon capture and sequestration (CCS) technologies, have been technically proven but are unprofitable in the current regulatory and business environment where there is no explicit or implicit price on carbon dioxide emissions. The paper examines two separate scenarios that are actively discussed by policy and decision makers at corporate, state and national levels: a future US electricity system where coal plays a role; and one where the role of coal is limited or nonexistent. The thesis intends to provide guidance for firms and policy makers and outline applications and opportunities for public policies and for private investment decisions to limit financial risks of electricity generation capital investments under carbon constraints.

Business Benefits from the Virtualization of an ICT Infrastructure

Directory of Open Access Journals (Sweden)

Ivan Pogarcic

2012-11-01

Full Text Available Virtualization is a technique that may be encountered in all parts of an ICT infrastructure. The benefits of virtualization for an infrastructure are recognized by a growing number of companies. In this way, virtualization creates prerequisites for the further improvement of the entire information system. Another reason is the growing awareness of environmental issues at the global level, which has become a large external sponsor of this technology. While virtualization technology has been known about for several decades, its hay day is yet to come. In the following years many jobs will be create because of it, from the user desktop and notebook computers, to the server in all businesses. This article examines the impact of virtualization in business enterprises, with emphasis on infrastructure costs and improved business functions. It points to the large savings that can occur even in medium‐sized enterprises. Claims are verifiable quantitative indicators, particularly in the procurement of equipment. It also demonstrates the benefits of virtualization while performing everyday tasks that take place within the IT department. We discuss the correlation of increased flexibility and convenience, and agile response to market demands, while reducing capital and operating costs, and increasing the competitiveness of companies in the market.

76 FR 12611 - Risk-Based Capital Standards: Advanced Capital Adequacy Framework-Basel II; Establishment of a...

Science.gov (United States)

2011-03-08

... necessary to calculate its required minimum risk-based capital requirements under both the general risk... to the advanced approaches rules must calculate and compare its minimum tier 1 and total risk-based... sector of the economy, productivity, competition, jobs, the environment, public health or safety, or...

British Columbia capital regional district 100% smokefree bylaw: a successful public health campaign despite industry opposition.

Science.gov (United States)

Drope, J; Glantz, S

2003-09-01

To describe how the British Columbia Capital Regional District successfully passed, implemented, and enforced a 100% smokefree bylaw in all public places, including restaurants and bars, despite an aggressive campaign by the tobacco industry (acting through the hospitality industry) to stop it. Information was obtained from news reports, internal tobacco industry documents, reports, public documents, and interviews with key players. Tobacco industry documents were accessed between February and April 2002. This project was approved by the University of California San Francisco committee on human research. As in the USA and elsewhere in the world, the tobacco industry in British Columbia, Canada, recruited and created hospitality associations to fight against the district smokefree bylaw. They used the classic industry rhetoric of individual rights and freedoms, economic devastation, and ventilation as a solution. Public health authorities were able to counter industry strategies with a strong education campaign, well written bylaws, and persistent enforcement. It is possible to overcome serious opposition orchestrated by the tobacco industry and develop and implement a 100% smokefree bylaw in Canada. Doing so requires attention to detail in drafting the bylaw, as well as a public education campaign on the health dangers of secondhand smoke and active enforcement to overcome organised resistance to the bylaw. Jurisdictions considering smokefree bylaws should anticipate this opposition when developing and implementing their bylaws.

Social Entrepreneurship and Mobilisation of Social Capital in European Social Enterprise - (Korean translation)

DEFF Research Database (Denmark)

Hulgård, Lars; Spear, Roger

2011-01-01

Korean translation of ”Social Entrepreneurship and Mobilisation of Social Capital in European Social Enterprise”, with Roger Spear. In Marthe Nyssens (ed.) Social Enterprises: between Market, Public Policies and Community. London: Routledge.......Korean translation of ”Social Entrepreneurship and Mobilisation of Social Capital in European Social Enterprise”, with Roger Spear. In Marthe Nyssens (ed.) Social Enterprises: between Market, Public Policies and Community. London: Routledge....

Understanding the infrastructure of European Research Infrastructures

DEFF Research Database (Denmark)

Lindstrøm, Maria Duclos; Kropp, Kristoffer

2017-01-01

European Research Infrastructure Consortia (ERIC) are a new form of legal and financial framework for the establishment and operation of research infrastructures in Europe. Despite their scope, ambition, and novelty, the topic has received limited scholarly attention. This article analyses one ER....... It is also a promising theoretical framework for addressing the relationship between the ERIC construct and the large diversity of European Research Infrastructures.......European Research Infrastructure Consortia (ERIC) are a new form of legal and financial framework for the establishment and operation of research infrastructures in Europe. Despite their scope, ambition, and novelty, the topic has received limited scholarly attention. This article analyses one ERIC...... became an ERIC using the Bowker and Star’s sociology of infrastructures. We conclude that focusing on ERICs as a European standard for organising and funding research collaboration gives new insights into the problems of membership, durability, and standardisation faced by research infrastructures...

Social capital and health during pregnancy; an in-depth exploration from rural Sri Lanka.

Science.gov (United States)

Agampodi, Thilini Chanchala; Rheinländer, Thilde; Agampodi, Suneth Buddhika; Glozier, Nicholas; Siribaddana, Sisira

2017-07-27

Dimensions of social capital relevant to health in pregnancy are sparsely described in the literature. This study explores dimensions of social capital and the mechanisms in which they could affect the health of rural Sri Lankan pregnant women. An exploratory qualitative study of solicited diaries written by pregnant women on their social relationships, diary interviews and in-depth interviews with key informants was conducted. A framework approach for qualitative data analysis was used. Pregnant women (41), from eight different communities completed diaries and 38 post-diary interviews. Sixteen key informant interviews were conducted with public health midwives and senior community dwellers. We identified ten cognitive and five structural constructs of social capital relevant to health in pregnancy. Domestic and neighborhood cohesion were the most commonly expressed constructs. Social support was limited to support from close family, friends and public health midwives. A high density of structural social capital was observed in the micro-communities. Membership in local community groups was not common. Four different pathways by which social capital could influence health in pregnancy were identified. These include micro-level cognitive social capital by promoting mental wellbeing; micro-level structural social capital by reducing minor ailments in pregnancy; micro-level social support mechanisms promoting physical and mental wellbeing through psychosocial resources and health systems at each level providing focused maternal care. Current tools available may not contain the relevant constructs to capture the unique dimensions of social capital in pregnancy. Social capital can influence health during pregnancy, mainly through improved psychosocial resources generated by social cohesion in micro-communities and by the embedded neighborhood public health services.

Software and Hardware Infrastructure for Research in Electrophysiology

Directory of Open Access Journals (Sweden)

Roman eMouček

2014-03-01

Full Text Available As in other areas of experimental science, operation of electrophysiological laboratory, design and performance of electrophysiological experiments, collection, storage and sharing of experimental data and metadata, analysis and interpretation of these data, and publication of results are time consuming activities. If these activities are well organized and supported by a suitable infrastructure, work efficiency of researchers increases significantly.This article deals with the main concepts, design, and development of software and hardware infrastructure for research in electrophysiology. The described infrastructure has been primarily developed for the needs of neuroinformatics laboratory at the University of West Bohemia, the Czech Republic. However, from the beginning it has been also designed and developed to be open and applicable in laboratories that do similar research.After introducing the laboratory and the whole architectural concept the individual parts of the infrastructure are described. The central element of the software infrastructure is a web-based portal that enables community researchers to store, share, download and search data and metadata from electrophysiological experiments. The data model, domain ontology and usage of semantic web languages and technologies are described. Current data publication policy used in the portal is briefly introduced. The registration of the portal within Neuroscience Information Framework is described. Then the methods used for processing of electrophysiological signals are presented. The specific modifications of these methods introduced by laboratory researches are summarized; the methods are organized into a laboratory workflow. Other parts of the software infrastructure include mobile and offline solutions for data/metadata storing and a hardware stimulator communicating with an EEG amplifier and recording software.

Vulnerability of Concentrated Critical Infrastructure: Background and Policy Options

Science.gov (United States)

2007-01-26

absenteeism among workers during the peak weeks of a regional outbreak.26 Concentrations of livestock may be similarly vulnerable to infectious disease...Turning Capital to Wealth: A Ranking of U.S. Utilities.” Public Utilities Fortnightly. Dec. 1999. 43 M. Singer, and K. Turnipseed, “ Curing Capital...careful and complex CRS-18 64 R.C. Mireles, “A Cure for West Coast Congestion.” Logistics Today. Jan. 2005. 65 Congressional Budget Office (CBO

Stakeholder involvement in building and maintaining radiation safety infrastructure in Latvia: The case studies

International Nuclear Information System (INIS)

Eglajs, A.; Salmins, A.

2003-01-01

This paper comprises the assessment of interests for central and local governments, different authorities, public and commercial companies, political parties and non-governmental organizations, organised and ad-hock groups of public, which could contribute to development and maintenance of infrastructure for radiation safety, general environmental protection, as well as for public health among other similar fields. Understanding of these interests allows to be prepared for eventual demonstrations or publications against decisions about significant modifications of infrastructure and provides ideas how to explain needs of financial and human resources for maintaining of supervisory system and management of major facilities, which are vital for safety infrastructure. Two case studies are presented in this report related to modification of the framework law and the preparation of radioactive waste management strategy. (author)

Coalbed methane : evaluating pipeline and infrastructure requirements to get gas to market

International Nuclear Information System (INIS)

Murray, B.

2005-01-01

This Power Point presentation evaluated pipeline and infrastructure requirements for the economic production of coalbed methane (CBM) gas. Reports have suggested that capital costs for CBM production can be minimized by leveraging existing oil and gas infrastructure. By using existing plant facilities, CBM producers can then tie in to existing gathering systems and negotiate third party fees, which are less costly than building new pipelines. Many CBM wells can be spaced at an equal distance to third party gathering systems and regulated transmission meter stations and pipelines. Facility cost sharing, and contracts with pipeline companies for compression can also lower initial infrastructure costs. However, transmission pressures and direct connect options for local distribution should always be considered during negotiations. The use of carbon dioxide (CO 2 ) commingling services was also recommended. A map of the North American gas network was provided, as well as details of Alberta gas transmission and coal pipeline overlays. Maps of various coal zones in Alberta were provided, as well as a map of North American pipelines. refs., tabs., figs

Creation of Real Estate Based on Public Private Partnership and Municipal Private Partnership Agreements in the Russian Federation

Science.gov (United States)

Voronina, M. D.

2017-11-01

The article considers individual questions connected with the application of the legislation on public private partnership and municipal private partnership agreements as new types of contracts at the newly built property development. Public private partnership and municipal private partnership agreements are contracts at the initial development stage. Their objective is to attract investments in the Russian economy including for the creation of separate real estate types (capital facilities). The Law enables one to build the relationship in such a way that joint efforts result in the grounds for the accrual of the ownership right to the built (reconstructed) asset. This circumstance certainly influences the infrastructural development of the Russian Federation and its municipal units, the rather that it occurs due to the attraction of extra-budgetary sources

Research infrastructures in the LHC era: a scientometric approach

CERN Document Server

Carrazza, Stefano; Salini, Silvia

2016-01-01

When a research infrastructure is funded and implemented, new information and new publications are created. This new information is the measurable output of discovery process. In this paper, we describe the impact of infrastructure for physics experiments in terms of publications and citations. In particular, we consider the Large Hadron Collider (LHC) experiments (ATLAS, CMS, ALICE, LHCb) and compare them to the Large Electron Positron Collider (LEP) experiments (ALEPH, DELPHI, L3, OPAL) and the Tevatron experiments (CDF, D0). We provide an overview of the scientific output of these projects over time and highlight the role played by remarkable project results in the publication-citation distribution trends. The methodological and technical contribution of this work provides a starting point for the development of a theoretical model of modern scientific knowledge propagation over time.

Academic Capitalism and the New Economy: Markets, State, and Higher Education

Science.gov (United States)

Slaughter, Sheila; Rhoades, Gary

2009-01-01

As colleges and universities become more entrepreneurial in a post-industrial economy, they focus on knowledge less as a public good than as a commodity to be capitalized on in profit-oriented activities. In "Academic Capitalism and the New Economy," higher education scholars Sheila Slaughter and Gary Rhoades detail the aggressive…

77 FR 42482 - Submission for OMB Review; Comment Request

Science.gov (United States)

2012-07-19

... rehabilitation of essential public infrastructure and facilities necessary to generate or retain private sector jobs and investments, attract private sector capital, and promote vibrant economic ecosystems, regional competitiveness and innovation. The EAA Program provides a wide range of technical, planning and infrastructure...

Open-Source Based Testbed for Multioperator 4G/5G Infrastructure Sharing in Virtual Environments

Directory of Open Access Journals (Sweden)

Ricardo Marco Alaez

2017-01-01

Full Text Available Fourth-Generation (4G mobile networks are based on Long-Term Evolution (LTE technologies and are being deployed worldwide, while research on further evolution towards the Fifth Generation (5G has been recently initiated. 5G will be featured with advanced network infrastructure sharing capabilities among different operators. Therefore, an open-source implementation of 4G/5G networks with this capability is crucial to enable early research in this area. The main contribution of this paper is the design and implementation of such a 4G/5G open-source testbed to investigate multioperator infrastructure sharing capabilities executed in virtual architectures. The proposed design and implementation enable the virtualization and sharing of some of the components of the LTE architecture. A testbed has been implemented and validated with intensive empirical experiments conducted to validate the suitability of virtualizing LTE components in virtual infrastructures (i.e., infrastructures with multitenancy sharing capabilities. The impact of the proposed technologies can lead to significant saving of both capital and operational costs for mobile telecommunication operators.

Successful introduction of an underutilized elderly pneumococcal vaccine in a national immunization program by integrating the pre-existing public health infrastructure.

Science.gov (United States)

Yang, Tae Un; Kim, Eunsung; Park, Young-Joon; Kim, Dongwook; Kwon, Yoon Hyung; Shin, Jae Kyong; Park, Ok

2016-03-18

Although pneumococcal vaccines had been recommended for the elderly population in South Korea for a considerable period of time, the coverage has been well below the optimal level. To increase the vaccination rate with integrating the pre-existing public health infrastructure and governmental funding, the Korean government introduced an elderly pneumococcal vaccination into the national immunization program with a 23-valent pneumococcal polysaccharide vaccine in May 2013. The aim of this study was to assess the performance of the program in increasing the vaccine coverage rate and maintaining stable vaccine supply and safe vaccination during the 20 months of the program. We qualitatively and quantitatively analyzed the process of introducing and the outcomes of the program in terms of the systematic organization, efficiency, and stability at the national level. A staggered introduction during the first year utilizing the public sector, with a target coverage of 60%, was implemented based on the public demand for an elderly pneumococcal vaccination, vaccine supply capacity, vaccine delivery capacity, safety, and sustainability. During the 20-month program period, the pneumococcal vaccine coverage rate among the population aged ≥65 years increased from 5.0% to 57.3% without a noticeable vaccine shortage or safety issues. A web-based integrated immunization information system, which includes the immunization registry, vaccine supply chain management, and surveillance of adverse events following immunization, reduced programmatic errors and harmonized the overall performance of the program. Introduction of an elderly pneumococcal vaccination in the national immunization program based on strong government commitment, meticulous preparation, financial support, and the pre-existing public health infrastructure resulted in an efficient, stable, and sustainable increase in vaccination coverage. Copyright © 2016. Published by Elsevier Ltd.

Modelos de Capital Intelectual y sus indicadores en la universidad pública Models of intellectual capital and indicators in the public university

Directory of Open Access Journals (Sweden)

José J. González Millán

2010-06-01

Full Text Available En el marco de la gestión del conocimiento se encuentra inmerso un aspecto de alta relevancia, no solo contable, sino también productivo y competitivo, el cual es denominado hoy día Capital Intelectual (C.I, se identificara con esta abreviatura. Dicho elemento ha traspasado la barrera de lo financiero para convertirse en una herramienta altamente utilizada en el medio empresarial y académico de las organizaciones modernas. El presente documento hace un recuento, mediante un constructo teórico y bibliográfico de las definiciones y modelos más conocidos sobre el tema, por medio de la síntesis, la compilación y la recopilación documental, para establecer algunos indicadores relevantes en la función de la universidad pública colombiana y, de esta forma, plantear un avance en el diseño de indicadores de gestión en la función social de la educación de tercer ciclo o superior, como es llamada en la sociedad.In the context of knowledge management is immersed a highly relevant aspect, not just accounting, but also productive and competitive, which is today called Intellectual Capital (IC. This item has crossed the barrier of finance to become a valuable tool used in business and academic environment of modern organizations. This document recounts, through a theoretical construct and bibliography of the definitions and known models on the subject, through synthesis, compilation and documentary collection, ultimately establishing relevant indicators on the role of public universities Colombian and, thus, by outlining a step in the design of performance indicators in the social role of postgraduate education or higher, as it is called in our society.

Data that warms: Waste heat, infrastructural convergence and the computation traffic commodity

Directory of Open Access Journals (Sweden)

Julia Velkova

2016-12-01

Full Text Available This article explores the ways in which data centre operators are currently reconfiguring the systems of energy and heat supply in European capitals, replacing conventional forms of heating with data-driven heat production, and becoming important energy suppliers. Taking as an empirical object the heat generated from server halls, the article traces the expanding phenomenon of ‘waste heat recycling’ and charts the ways in which data centre operators in Stockholm and Paris direct waste heat through metropolitan district heating systems and urban homes, and valorise it. Drawing on new materialisms, infrastructure studies and classical theory of production and destruction of value in capitalism, the article outlines two modes in which this process happens, namely infrastructural convergence and decentralisation of the data centre. These modes arguably help data centre operators convert big data from a source of value online into a raw material that needs to flow in the network irrespective of meaning. In this conversion process, the article argues, a new commodity is in a process of formation, that of computation traffic. Altogether data-driven heat production is suggested to raise the importance of certain data processing nodes in Northern Europe, simultaneously intervening in the global politics of access, while neutralising external criticism towards big data by making urban life literally dependent on power from data streams.

Planning Public Transport

DEFF Research Database (Denmark)

Andersen, Jonas Lohmann Elkjær; Landex, Alex

2009-01-01

This good practice guide is composed for the master course 13120 Public Transport Planning held at the Department of Transport, Technical University of Denmark. It is intended to use as guide in the different planning aspects and assignments of the course. Since the course is about the planning...... of new public transport infrastructure this guide also focuses on the planning of new infrastructure. Furthermore, the new infrastructure in the course is expected to be a light rail and even though this guide aims at being general for public transport some of the issues evidently become more relevant...... will enable a capability for planning both bus and rail. The guide is build as a full sketch investigation of a new public transport project ranging chronological from project clarification to physical and timetable planning to traffic modeling and project appraisal. The same steps that are expected...

Scaling of an information system in a public healthcare market--infrastructuring from the vendor's perspective.

Science.gov (United States)

Johannessen, Liv Karen; Obstfelder, Aud; Lotherington, Ann Therese

2013-05-01

The purpose of this paper is to explore the making and scaling of information infrastructures, as well as how the conditions for scaling a component may change for the vendor. The first research question is how the making and scaling of a healthcare information infrastructure can be done and by whom. The second question is what scope for manoeuvre there might be for vendors aiming to expand their market. This case study is based on an interpretive approach, whereby data is gathered through participant observation and semi-structured interviews. A case study of the making and scaling of an electronic system for general practitioners ordering laboratory services from hospitals is described as comprising two distinct phases. The first may be characterized as an evolving phase, when development, integration and implementation were achieved in small steps, and the vendor, together with end users, had considerable freedom to create the solution according to the users' needs. The second phase was characterized by a large-scale procurement process over which regional healthcare authorities exercised much more control and the needs of groups other than the end users influenced the design. The making and scaling of healthcare information infrastructures is not simply a process of evolution, in which the end users use and change the technology. It also consists of large steps, during which different actors, including vendors and healthcare authorities, may make substantial contributions. This process requires work, negotiation and strategies. The conditions for the vendor may change dramatically, from considerable freedom and close relationships with users and customers in the small-scale development, to losing control of the product and being required to engage in more formal relations with customers in the wider public healthcare market. Onerous procurement processes may be one of the reasons why large-scale implementation of information projects in healthcare is difficult

Utilizing an integrated infrastructure for outcomes research: a systematic review.

Science.gov (United States)

Dixon, Brian E; Whipple, Elizabeth C; Lajiness, John M; Murray, Michael D

2016-03-01

To explore the ability of an integrated health information infrastructure to support outcomes research. A systematic review of articles published from 1983 to 2012 by Regenstrief Institute investigators using data from an integrated electronic health record infrastructure involving multiple provider organisations was performed. Articles were independently assessed and classified by study design, disease and other metadata including bibliometrics. A total of 190 articles were identified. Diseases included cognitive, (16) cardiovascular, (16) infectious, (15) chronic illness (14) and cancer (12). Publications grew steadily (26 in the first decade vs. 100 in the last) as did the number of investigators (from 15 in 1983 to 62 in 2012). The proportion of articles involving non-Regenstrief authors also expanded from 54% in the first decade to 72% in the last decade. During this period, the infrastructure grew from a single health system into a health information exchange network covering more than 6 million patients. Analysis of journal and article metrics reveals high impact for clinical trials and comparative effectiveness research studies that utilised data available in the integrated infrastructure. Integrated information infrastructures support growth in high quality observational studies and diverse collaboration consistent with the goals for the learning health system. More recent publications demonstrate growing external collaborations facilitated by greater access to the infrastructure and improved opportunities to study broader disease and health outcomes. Integrated information infrastructures can stimulate learning from electronic data captured during routine clinical care but require time and collaboration to reach full potential. © 2015 Health Libraries Group.

Corporal and capital punishment of juveniles.

Science.gov (United States)

Frazier, H C

1990-01-01

There is a previously unobserved connection between corporal punishment of public school children and capital punishment of juveniles. Both are barometers of acceptable levels of violent punishment and their elimination is a hallmark of a maturing and decent society. Within a majority of the eighteen states where school authorities most frequently strike children are housed 25 of the nation's 28 juvenile death row inmates. On average, the homicide rates of these jurisdictions are two and a half times greater than those that have abolished both state-sanctioned corporal and capital punishment or limit death sentences to those age eighteen and older at the time of their crime(s). Most of the eighteen state abolitions of corporal punishment occurred in the 1980's. The US Supreme Court has ruled both corporal and capital punishment of juveniles constitutional. Additional state legislative abolition of both is anticipated in the 1990s.

Capital flows, bazookas and unconventional monetary policy : Essays in international financial stability

NARCIS (Netherlands)

Frost, Jonathon Jeffrey

2015-01-01

Do international capital flows make countries more or less vulnerable to financial crises? Should countries shield their economies from stress with capital controls? ‎Once a crisis hits, should the public sector launch large-scale support programs ("bazookas")? And if the central bank decides to

Structuring Disaster Recovery Infrastructure Decisions: Lessons from Boulder County's 2013 Flood Recovery

Science.gov (United States)

Clavin, C.; Petropoulos, Z.

2017-12-01

Recovery phase decision making processes, as compared to mitigation and response phase decision making processes, require communities make significant financial and capital decisions in the months after a disaster. Collectively, these investments may significantly contribute to the resilience of a community to future hazards. Pre-disaster administrative decisions are well-established within existing planning processes. Post-event recovery requires community decision makers to quickly evaluate technical proposals and manage significant recovery financial resources to ensure their community rebuilds in a manner that will be more resilient to future events. These technical and administrative hurdles in the aftermath of a disaster create a challenging atmosphere to make sound, scientifically-informed decisions leading to resilient recovery. In September 2013, a 1,000-year rain event that resulted in flooding throughout the Front Range of Colorado, significantly impacting Boulder County. While the event is long past, disaster recovery efforts still continue in parts of Boulder County. Boulder County officials formed a county collaborative that adapted the NIST Community Resilience Planning Guide for Buildings and Infrastructure Systems to facilitate a goals-based multi-criteria decision making process. Rather than use hazard-based information to guide infrastructure design, the county's decision process established time-to-recovery goals for infrastructure systems that were used as criteria for project design. This presentation explores the decision-making process employed by Boulder County to specify design standards for resilient rebuilding of infrastructure systems and examine how this infrastructure planning model could be extrapolated to other situations where there is uncertainty regarding future infrastructure design standards.

Urban Green Infrastructure: German Experience

Directory of Open Access Journals (Sweden)

Diana Olegovna Dushkova

2016-06-01

Full Text Available The paper presents a concept of urban green infrastructure and analyzes the features of its implementation in the urban development programmes of German cities. We analyzed the most shared articles devoted to the urban green infrastructure to see different approaches to definition of this term. It is based on materials of field research in the cities of Berlin and Leipzig in 2014-2015, international and national scientific publications. During the process of preparing the paper, consultations have been held with experts from scientific institutions and Administrations of Berlin and Leipzig as well as local experts from environmental organizations of both cities. Using the German cities of Berlin and Leipzig as examples, this paper identifies how the concept can be implemented in the program of urban development. It presents the main elements of green city model, which include mitigation of negative anthropogenic impact on the environment under the framework of urban sustainable development. Essential part of it is a complex ecological policy as a major necessary tool for the implementation of the green urban infrastructure concept. This ecological policy should embody not only some ecological measurements, but also a greening of all urban infrastructure elements as well as implementation of sustainable living with a greater awareness of the resources, which are used in everyday life, and development of environmental thinking among urban citizens. Urban green infrastructure is a unity of four main components: green building, green transportation, eco-friendly waste management, green transport routes and ecological corridors. Experience in the development of urban green infrastructure in Germany can be useful to improve the environmental situation in Russian cities.

Investing in soils as an infrastructure to maintain and enhance food water and carbon services

Science.gov (United States)

Davies, Jessica

2017-04-01

Soils are a life support system for global society and our planet. In addition to providing the vast majority of our food; soils regulate water quality and quantity reducing the risk of floods, droughts and pollution; and as the largest store of carbon in the earth system they are critical to climate change. By providing these multiple essential services, soils act a natural form of infrastructure that is critical to supporting both rural and urban communities and economies. Can natural infrastructure and natural capital concepts be used to motivate and enable investment and regulation of soils for purposes such as soil carbon sequestration? What scientific knowledge and tools would we need to support soil infrastructure decision making - in policy arenas and elsewhere? This poster will present progress from a new research project supported by the UK research council (EP/N030532/1) that addresses these questions.

THE EFFECT OF HUMAN CAPITAL ON SOCIAL CAPITAL AMONG ENTREPRENEURS

OpenAIRE

HANNES OTTÓSSON; KIM KLYVER

2010-01-01

Using data collected from 714 entrepreneurs in a random sample of 10,000 Danes, this study provides an investigation of the effect of human capital on social capital among entrepreneurs. Previous entrepreneurship research has extensively investigated the separated effect of human capital and social capital on different entrepreneurial outputs. The study takes a step back and investigates how these two capital concepts are related — specifically how human capital influences social capital. In ...

Managing infrastructure and underpinning the planned environment

CSIR Research Space (South Africa)

Wall, K

2008-04-01

Full Text Available Planning the built environment is, or should be, also about providing and managing (i.e. operating and maintaining) this environment, viz. the engineering infrastructure (much of which is underground), structures and public amenities. However, never...

Green Capital: Student Capital student-led evaluation

OpenAIRE

Runkle, Q.; Haines, T.; Piper, K.; Leach, S.

2016-01-01

To assess and evaluate the impact of the Green Capital: Student Capital project, the partnership (the University of the West of England, the University of Bristol, the Students’ Union at UWE, and Bristol Students’ Union) worked with NUS to train a team of students from both universities to lead an evaluation process. There were two key aims for the evaluation: \\ud \\ud • To verify the quantitative outputs of the Green Capital: Student Capital project; \\ud • And to make a qualitative assessment...

Models of Financing and Available Financial Resources for Transport Infrastructure Projects

Directory of Open Access Journals (Sweden)

O. Pokorná

2001-01-01

Full Text Available A typical feature of transport infrastructure projects is that they are expensive and take a long time to construct. Transport infrastructure financing has traditionally lain in the public domain. A tightening of many countries' budgets in recent times has led to an exploration of alternative resources for financing transport infrastructures. A variety of models and methods can be used in transport infrastructure project financing. The selection of the appropriate model should be done taking into account not only financial resources but also the distribution of construction and operating risks and the contractual relations between the stakeholders.

PERCEPTION OF CAPITAL, PROFIT AND DIVIDENDS AFFECT THE STOCK PURCHASE INTENTION IN INDONESIA PUBLIC COMPANY

Directory of Open Access Journals (Sweden)

Iskandar Muda

2017-05-01

Full Text Available This study aims to investigate the influence perception of Capital Gains and Dividends on Stock Purchase Intention in Indonesian companies. Variables used in this research are the capital, profit and dividends (independent variables and Stock Purchase Intention (dependent variable and to show their relationship, it was used multiple linear regression. This research included Manufacturing Companies listed on the Indonesia Stock Exchange and there were taken into account a number of 38 societies Data of this research are secondary data, obtained from the financial statements of the investigated companies published in the Indonesia Stock Exchange. The results showed that simultaneous independent variables have a significant influence on the capital structure, while partially effect on the Capital Shares Purchase Intentions. It was also shown that Profit and Dividends do not affect the Stock Purchase Intention.

Triads of capital

DEFF Research Database (Denmark)

Svendsen, Gunnar Lind Haase

of capital means a coherent stock of capital, including social, cultural and physical capital, which belongs to a local community. The case of civic organization in rural Denmark 1800-1900 shows how the three capitals successively acted as driving forces: physical capital about year 1800, social capital...... about year 1880, and cultural capital about year 1900. In each case, one form of capital changed the two others in a chain reaction process, which ultimately led to a major reorganization of the triads of capital in the local rural communities....

Poetics and Politics of the European Capital of Culture Project

DEFF Research Database (Denmark)

Ooi, Can-Seng; Håkanson, Lars; LaCava, Laura

2014-01-01

The European Capital of Culture (ECoC) project was designed to promote European identity and integration. Hosting cities have since carried a variety of visions and objectives, ranging from the improvement of material infrastructure and urban revitalization, over the enhancement of cultural life...... to the alleviation of poverty through increasing employment, and the attraction of more tourists. This variety of hopes is repeatedly articulated, as cities compete to become the next ECoC. Being an ECoC is seen to offer invaluable marketing opportunities to improve the city and its image. This paper situates...

Building the Digital Library Infrastructure: A Primer.

Science.gov (United States)

Tebbetts, Diane R.

1999-01-01

Provides a framework for examining the complex infrastructure needed to successfully implement a digital library. Highlights include database development, online public-access catalogs, interactive technical services, full-text documents, hardware and wiring, licensing, access, and security issues. (Author/LRW)

A sociotechnical framework for understanding infrastructure breakdown and repair

Energy Technology Data Exchange (ETDEWEB)

Sims, Benjamin H [Los Alamos National Laboratory

2009-01-01

This paper looks at how and why infrastructure is repaired. With a new era of infrastructure spending underway, policymakers need to understand and anticipate the particular technical and political challenges posed by infrastructure repair. In particular, as infrastructure problems are increasingly in the public eye with current economic stimulus efforts, the question has increasingly been asked: why has it been so difficult for the United Statesto devote sustained resources to maintaining and upgrading its national infrastructure? This paper provides a sociotechnical framework for understanding the challenges of infrastructure repair, and demonstrates this framework using a case study of seismic retrofit of freeway bridges in California. The design of infrastructure is quite different from other types of design work even when new infrastructure is being designed. Infrastructure projects are almost always situated within, and must work with, existing infrastructure networks. As a result, compared to design of more discrete technological artifacts, the design of infrastructure systems requires a great deal of attention to interfaces as well as adaptation of design to the constraints imposed by existing systems. Also, because of their scale, infrastructural technologies engage with social life at a level where explicit political agendas may playa central role in the design process. The design and building of infrastructure is therefore often an enormously complex feat of sociotechnical engineering, in which technical and political agendas are negotiated together until an outcome is reached that allows the project to move forward. These sociotechnical settlements often result in a complex balancing of powerful interests around infrastructural artifacts; at the same time, less powerful interests have historically often been excluded or marginalized from such settlements.

Social Capital and Human Mortality: Explaining the Rural Paradox with County-Level Mortality Data

Science.gov (United States)

Jensen, Leif; Haran, Murali

2014-01-01

The “rural paradox” refers to standardized mortality rates in rural areas that are unexpectedly low in view of well-known economic and infrastructural disadvantages there. We explore this paradox by incorporating social capital, a promising explanatory factor that has seldom been incorporated into residential mortality research. We do so while being attentive to spatial dependence, a statistical problem often ignored in mortality research. Analyzing data for counties in the contiguous United States, we find that: (1) the rural paradox is confirmed with both metro/non-metro and rural-urban continuum codes, (2) social capital significantly reduces the impacts of residence on mortality after controlling for race/ethnicity and socioeconomic covariates, (3) this attenuation is greater when a spatial perspective is imposed on the analysis, (4) social capital is negatively associated with mortality at the county level, and (5) spatial dependence is strongly in evidence. A spatial approach is necessary in county-level analyses such as ours to yield unbiased estimates and optimal model fit. PMID:25392565

Planning multifunctional green infrastructure for compact cities

DEFF Research Database (Denmark)

Hansen, Rieke; Olafsson, Anton Stahl; van der Jagt, Alexander P.N.

2018-01-01

green space functions or the purposive design and management of multifunctional parks. Based on the findings, we arrive at five recommendations for promoting multifunctional urban green infrastructure in densifying urban areas: 1) undertake systematic spatial assessments of all urban green (and blue....... Further, spatial assessment, strategic planning and site design need to 4) consider synergies, trade-offs and the capacity of urban green spaces to provide functions as part of the wider green infrastructure network; and 5) largely benefit from cooperation between different sectors and public departments......Urban green infrastructure planning aims to develop green space networks on limited space in compact cities. Multifunctionality is considered key to achieving this goal as it supports planning practice that considers the ability of green spaces to provide multiple benefits concurrently. However...

Intellectual Capital

DEFF Research Database (Denmark)

Bukh, Per Nikolaj; Christensen, Karina Skovvang

2015-01-01

Intellectual capital (IC) consists of human capital, organizational capital, and relational capital, and their relationships. It has been said to be important to explain the difference between market value and book value of a firm, but measurement of IC is more likely to be important because...

The internationalization of nuclear industry: state and capital in atomic relations; A internacionalizacao da industria nuclear: estado e capital em relacoes atomicas

Energy Technology Data Exchange (ETDEWEB)

Ferreira Junior, Evaristo Santiago

1986-03-15

This paper analyzes the causes and scope of the nuclear energy diffusion process in the capitalist world. It also aims at explaining Brazil's role in this process. The study contemplates two main concepts that are, here, considered to be driving and directing vectors: the World Capital and the Capitalist State. According to the expanded reproduction logic, World Capital forms the world nuclear productive subsystem, which commands and directs, in this process, hundreds (or thousands) of productive units, regardless of their geographical location, nationality or capital control. Thru the utilization of available public intervention tools, the Capitalist state has favored the formation of the world nuclear productive subsystem, thus guiding the accumulation process in the interior of this system. Therefore, the conclusion of the Nuclear Cooperation Agreement between Brazil and Germany and the resultant establishment of the Brazilian Nuclear Program (following the authoritarian model of public administration), is well fitted in the general dynamics of subordination/articulation of the Brazilian economy to the world economy and, particularly, to the world nuclear productive subsystem. (author)