ECONOMIC IMPACT OF CULTURAL TOURISM

Directory of Open Access Journals (Sweden)

Zrinka Zadel

2013-12-01

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

The impact of doing business regulations on investments in ICT

Czech Academy of Sciences Publication Activity Database

Jerbashian, Vahagn; Kochanova, A.

2016-01-01

Roč. 50, č. 3 (2016), s. 991-1008 ISSN 0377-7332 Institutional support: PRVOUK-P23 Keywords : investments in ICT * regulations of doing business * empirical evidence Subject RIV: AH - Economics Impact factor: 0.645, year: 2016

Office of Economic Impact and Diversity 2003 annual report

Energy Technology Data Exchange (ETDEWEB)

None, None

2004-05-01

This report covers a one-year period in which the Office successfully completed several major activities. The Office of Economic Impact and Diversity (ED) is responsible for the development and implementation of Department-wide polices in the areas of small business, diversity and minority economic development. ED oversees civil rights laws, rules, and regulations, and establishes Department-wide civil rights policy. Additionally, ED promotes excellence in the workplace and adheres to the objectives stated below relative to the President’s Management Agenda (PMA): Strategic management of human capital; Competitive sourcing; Improved financial performance; Expanded electronic government, and Budget and performance integration

The economic impact of pilgrimage: An economic impact analysis of pilgrimage expenditures in Galicia

NARCIS (Netherlands)

Graave, Elisabeth J.E.; Klijs, J.; Heijman, W.J.M.

2017-01-01

In this article, we calculate the economic impact of pilgrimage to Santiago de Compostela in the NUTS 2 region Galicia (Spain) in 2010. This economic impact is relevant to policymakers and other stakeholders dealing with religious tourism in Galicia. The analysis is based on the Input-Output model.

Economic impact of cultural events

Directory of Open Access Journals (Sweden)

M Saayman

2004-11-01

Full Text Available The phenomenon of events can hardly be described as a new one.  The aim of this paper is to determine the economic benefits of three major cultural events in South Africa to the host community.  Measuring the economic impact normally entails some estimation of the cash injection into a region by visitors and applying the relevant multiplier to arrive at a monetary estimate of the economic impact.  But few regions or municipal areas have detailed economic data to construct a type of input-output model and derive a multiplier.  The purpose of the methods used in this research were firstly to determine the estimated cash injection, secondly to estimate the size of leakages in the local economy and thirdly to derive an appropriate multiplier to estimate the economic impact of the event.

Economic regulation of TSOs in the Nordic countries

Energy Technology Data Exchange (ETDEWEB)

Syvertsen, S. C.; Steinnes, S. H. [Norwegian Water Resources and Energy Directorate, Oslo (Norway); Robles, H. B.; Ek, G. [Energy Markets Inspectorate, Eskilstuna (Sweden); Ilonen, M; Nurmi, S. [Energy Market Authority, Helsinki (Finland); Thomsen, H. [Sekretariatet for Energitilsynet, Valby (Denmark)

2012-12-15

The main topic of this report is the economic regulation of the transmission system operators (To) in the Nordic countries (Denmark, Finland, Norway and Sweden). The purpose of this report is to give an overview of the design of the economic regulation and compare the main elements of the regulation between the countries. There is one To in each country. For all countries, the revenues of the Tos are regulated by yearly decisions. In Finland, Norway and Sweden the regulators set an annual revenue cap. In Denmark, the To sets the tariffs according to budget, while the regulator approves the annual report and thereby also approves the tariffs ex post. The economic regulation of TSOs includes both regulation of system operations and the regulation of network operations. Chapter 3 describes in brief the main responsibilities of the system operator in each country and how the costs related to these tasks are regulated. Norway regulates the system operation costs, where 60 percent of the costs are based on a cost-norm which is evaluated periodically. In Finland and Sweden these costs are considered as non-controllable and are passed through directly in the revenue cap. In Denmark only costs considered as necessary at efficient operation shall be included in the tariffs, and the regulators have the opportunity to exclude costs based on this. There are no benchmark or efficiency requirements in the Danish regulation. In chapter 4 the main elements of the economic regulation of network operations are described and compared in tables. All countries regulate the network operations of the TSO. In Denmark there are no explicit efficiency requirements, and the regulation is based on a non-profit principle. The TSO only gets a return based on a price adjustment on its capital base as of 2005. In Finland, Norway and Sweden the regulation include efficiency requirements or benchmarking of costs. In Norway this regards 60 percent of total costs related to the network operations

Self-regulation and selective exposure: the impact of depleted self-regulation resources on confirmatory information processing.

Science.gov (United States)

Fischer, Peter; Greitemeyer, Tobias; Frey, Dieter

2008-03-01

In the present research, the authors investigated the impact of self-regulation resources on confirmatory information processing, that is, the tendency of individuals to systematically prefer standpoint-consistent information to standpoint-inconsistent information in information evaluation and search. In 4 studies with political and economic decision-making scenarios, it was consistently found that individuals with depleted self-regulation resources exhibited a stronger tendency for confirmatory information processing than did individuals with nondepleted self-regulation resources. Alternative explanations based on processes of ego threat, cognitive load, and mood were ruled out. Mediational analyses suggested that individuals with depleted self-regulation resources experienced increased levels of commitment to their own standpoint, which resulted in increased confirmatory information processing. In sum, the impact of ego depletion on confirmatory information search seems to be more motivational than cognitive in nature.

Review of economic theories of regulation

NARCIS (Netherlands)

den Hertog, J.A.|info:eu-repo/dai/nl/21319161X

2010-01-01

This paper reviews the economic theories of regulation. It discusses the public and private interest theories of regulation, as the criticisms that have been leveled at them. The extent to which these theories are also able to account for privatization and deregulation is evaluated and policies

THE IMPACT OF THE CORPORATE TAX ON THE ECONOMIC DEVELOPMENT. THE CASE OF ROMANIA

Directory of Open Access Journals (Sweden)

STĂNCULESCU SIMONA MARILENA

2017-10-01

Full Text Available t The tax accounting system in Romania suffers many changes from one year to another. We assume that these changes occur in order to have a positive impact on the Romanian economy. One of the most important taxes collected by the state is the corporate tax. In this paper we aim to show the impact of the corporate tax on the economic development of Romania. We selected the period between 2003 and 2015. We provide an argument for the selection of the indicators which describe the economic development. For the period analyzed we described the changes in the regulations regarding the income tax, the impact on the economic development (assessed in terms of foreign direct investment and the correlation between the two.

Lagged impacts of reforms of government regulations of business on nations’ gross domestic product

Directory of Open Access Journals (Sweden)

Arch G. Woodside

2013-07-01

Full Text Available This article develops theory and examines relationships among reforms in government regulation of business, competitiveness, and national economic development in term of GDP per capita. The findings shed light on the ongoing debate of supporting versus refuting reducing/eliminating government regulations of business. Applying Campbell’s (1968, 1969 seminal contributions in examining the impact of reforms as quasi-experiments and Mill’s (1872/1973 method of differences, the study shows that the reforms in reductions and eliminations of government regulations of business help to increase national economic growth the lagged impact (e.g., 2, 3 years after introduction of reforms should be expected. Also, medium-to-large reductions in the ranking of government regulations of business (increase in competitiveness associate with increases in GDP per capita in comparison to a large increase in the ranking (decrease in competitiveness. The results also provide insights into the different regulatory environments (i.e., high vs. low government corruption and media-freedom vs. highly ethical behavior and lack of media-freedom may condition the impact of the reforms.

Economic regulation of ambulance services in California.

Science.gov (United States)

Narad, R A

1997-01-01

This study was intended to identify economic regulatory programs used by California counties (including ambulance franchising and rate setting), to inventory their foci and application, and to identify differences around the state. By studying the variety of programs used in one state, this study establishes a framework for evaluation of state and local regulatory programs elsewhere. This study surveyed all California local EMS agencies (LEMSAs); these are California's equivalent of regional EMS organizations. The survey achieved a 100% response rate, and all data involve population parameters obviating the need for inferential statistics. Seventy-three percent of California counties use economic regulations. Large-population counties and those that operate their own LEMSAs are more likely to use economic regulations than are small counties and those that participate in multicounty EMS agencies. Despite a preference for competition in the authorizing statute, most franchises were granted without competition to existing providers. The majority of franchises in the state were granted to public services. Most ambulance rate setting occurs outside of a competitive process. Economic regulations that were intended to provide a structured marketplace are often being used to protect existing providers, particularly public services, from competition. The growing interest by fire departments in entering the market for emergency ambulance service, along with the existing bias toward them in granting of franchises, does not bode well for use of the competitive process. The growth of managed care may change or eliminate the need for economic regulations but, if they are to continue, more state oversight should be considered.

The Impact of Environmental Regulation on Total Factor Energy Efficiency: A Cross-Region Analysis in China

Directory of Open Access Journals (Sweden)

Jianting Lin

2017-10-01

Full Text Available Environmental regulations are the key measure by which governments achieve sustainable environmental and economic development. This study aimed to determine the direct and indirect impacts of environmental regulations on total factor energy efficiency of regions in China. Since regions have different levels of economic development and resource endowment, we used the slacks-based measure (SBM-undesirable model to calculate total factor energy efficiency considering regional technology heterogeneity and examined the regional impacts of environmental regulation on this efficiency using the Tobit regression model. A positive direct impact was generated in the eastern region of China by the forced mechanism, which forced enterprises to reduce fossil fuel energy demand and increase clean energy consumption; whereas a negative direct impact was generated in the middle and western regions owing to the green paradox, which is the observation that expected stringent environmental regulation prompts energy owners to accelerate resource extraction. Moreover, indirect impacts through technological progress and foreign direct investment were taken into account in the model, and the results show that the indirect impacts vary across regions. A logical response to these findings would be to develop different policies for different regions.

A study on the relationship of environmental regulations and economic performances

Science.gov (United States)

Nisha, Jia; Chen, Shen

2017-11-01

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

Managing nuclear waste: Social and economic impacts

International Nuclear Information System (INIS)

Hemphill, R.C.; Bassett, G.W. Jr.

1993-01-01

Recent research has focused on perceptions of risk as a dominant source of economic impacts due to siting a high level radioactive waste facility. This article addresses the social and economic considerations involved with the issue of risk perception and other types of negative imagery. Emphasis is placed on ways of measuring the potential for economic effects resulting from perceptions prior to construction and operation of HLW facility. We describe the problems in arriving at defensible estimates of economic impacts. Our review has found that although legal and regulatory bases may soon allow inclusion of these impacts in EIS and for compensation purposes, credible scientific methods do not currently exist for predicting the existence or magnitude of changes in economic decision-making. Policy-makers should recognize the potential for perception-based economic impacts in determining the location and means of managing radioactive waste; but, they also need be cognizant of the current limitations of quantitative estimates of impacts in this area

Managing nuclear waste: Social and economic impacts

International Nuclear Information System (INIS)

Hemphill, R.C.; Bassett, G.W. Jr.

1993-01-01

Recent research has focused on perceptions of risk dominant source of economic impacts due to siting a high level radioactive waste facility. This article addresses the social and economic considerations involved with the issue of risk perception and other types of negative imagery. Emphasis is placed on ways of measuring the potential for economic effects resulting from perceptions prior to construction and operation of a HLW facility. We describe the problems in arriving at defensible estimates of economic impacts. Our review has found that although legal and regulatory bases may soon allow inclusion of these impacts in EIS and for compensation purposes, credible scientific methods do not currently exist for predicting the existence or magnitude of changes in economic decision-making. Policy-makers should recognize the potential for perception-based economic impacts in determining the location and means of managing radioactive waste; but, they also need be cognizant of the current limitations of quantitative estimates of impacts in this area

Economic impacts of a California tsunami

Science.gov (United States)

Rose, Adam; Wing, Ian Sue; Wei, Dan; Wein, Anne

2016-01-01

The economic consequences of a tsunami scenario for Southern California are estimated using computable general equilibrium analysis. The economy is modeled as a set of interconnected supply chains interacting through markets but with explicit constraints stemming from property damage and business downtime. Economic impacts are measured by the reduction of Gross Domestic Product for Southern California, Rest of California, and U.S. economies. For California, total economic impacts represent the general equilibrium (essentially quantity and price multiplier) effects of lost production in industries upstream and downstream in the supply-chain of sectors that are directly impacted by port cargo disruptions at Port of Los Angeles and Port of Long Beach (POLA/POLB), property damage along the coast, and evacuation of potentially inundated areas. These impacts are estimated to be $2.2 billion from port disruptions, $0.9 billion from property damages, and $2.8 billion from evacuations. Various economic-resilience tactics can potentially reduce the direct and total impacts by 80–85%.

Economic impacts of 10 CFR part 61 on the land disposal of low-level radioactive waste (LLRW)

International Nuclear Information System (INIS)

Gaynor, R.K.

1984-01-01

The new regulations for land disposal of radioactive waste, 10 CFR Part 61, as promulgated by the United States Nuclear Regulatory Commission (NRC) are effective as of December 27, 1983. These new rules have required modifications to the previous practices in commercial burial of LLRW which increased the costs associated with disposal. This paper addresses the requirements of the new regulations, and describes the efforts of one burial site operator to minimize the economic impact of the regulations. Each of the requirements addressed has economic impacts relative to increased paperwork and documentation, increased inspection time, increased labor and equipment costs, increased site construction requirements and decreased disposal efficiency. Discussed in the paper are the relative cost impacts, and the actions and the degree of success of US Ecology, Inc., to minimize cost increases through license negotiations, computerized record keeping and reporting, computerized class verification, and site management and operating procedures

Monitoring the Implementation of State Regulation of National Economic Security

Directory of Open Access Journals (Sweden)

Hubarieva Iryna O.

2018-03-01

Full Text Available The aim of the article is to improve the methodological tools for monitoring the implementation of state regulation of national economic security. The approaches to defining the essence of the concept of “national economic security” are generalized. Assessment of the level of national economic security is a key element in monitoring the implementation of state regulation in this area. Recommendations for improving the methodology for assessing national economic security, the calculation algorithm of which includes four interrelated components (economic, political, social, spiritual one, suggests using analysis methods (correlation and cluster analysis, and taxonomy, which allows to determine the level and disproportion of development, can serve as a basis for monitoring the implementation of state regulation of national economic security. Such an approach to assessing national economic security makes it possible to determine the place (rank that a country occupies in a totality of countries, the dynamics of changing ranks over a certain period of time, to identify problem components, and monitor the effectiveness of state regulation of the national economic security. It the course of the research it was determined that the economic sphere is the main problem component of ensuring the security of Ukraine’s economy. The analysis made it possible to identify the most problematic partial indicators in the economic sphere of Ukraine: economic globalization, uneven economic development, level of infrastructure, level of financial market development, level of economic instability, macroeconomic stability. These indicators have a stable negative dynamics and a downward trend, which requires an immediate intervention of state bodies to ensure the national economic security.

Economic impact of GM crops

Science.gov (United States)

Brookes, Graham; Barfoot, Peter

2014-01-01

A key part of any assessment of the global value of crop biotechnology in agriculture is an examination of its economic impact at the farm level. This paper follows earlier annual studies which examined economic impacts on yields, key costs of production, direct farm income and effects, and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012. This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms). These economic gains have been divided roughly 50% each to farmers in developed and developing countries. GM technology have also made important contributions to increasing global production levels of the four main crops, having added 122 million tonnes and 230 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid-1990s. PMID:24637520

An Introduction to the Law and Economics of Regulation

NARCIS (Netherlands)

A.M. Pacces (Alessio); R.J. van den Bergh (Roger)

2011-01-01

textabstractAbstract This chapter provides a general framework to analyze regulation with a law and economics approach. It introduces the volume “Regulation and Economics” of the second edition of the Encyclopedia of Law and Economics. This study intends to provide a state-of-the-art overview of

The Economic Consequences of IFRS: The Impact of IAS 32 on Preference Shares in the Netherlands

NARCIS (Netherlands)

A. de Jong (Abe); M.A. Rosellón (Miguel); P. Verwijmeren (Patrick)

2006-01-01

textabstractThe consequences of international accounting standards are likely to reach beyond the impact on financial statements. This paper demonstrates one of the economic implications of international standards. We focus on the impact of the IFRS regulation on preference shares (IAS 32) in the

77 FR 68776 - Economic Impact Policy

Science.gov (United States)

2012-11-16

... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public..., Malaysia, Philippines, Poland, Romania, Slovakia, South Africa, Spain, Sri Lanka, Taiwan, Turkey, and United Kingdom. Interested parties may submit comments on this transaction by email to economic.impact...

77 FR 69442 - Federal Acquisition Regulation; Information Collection; Economic Price Adjustment

Science.gov (United States)

2012-11-19

...; Information Collection; Economic Price Adjustment AGENCIES: Department of Defense (DOD), General Services... economic price adjustment. Public comments are particularly invited on: Whether this collection of..., Economic Price Adjustment by any of the following methods: Regulations.gov : http://www.regulations.gov...

JEDI: Jobs and Economic Development Impact Model

Energy Technology Data Exchange (ETDEWEB)

2017-06-13

The Jobs and Economic Development Impact (JEDI) models are user-friendly tools that estimate the economic impacts of constructing and operating power generation and biofuel plants at the local (usually state) level. First developed by NREL's researchers to model wind energy jobs and impacts, JEDI has been expanded to also estimate the economic impacts of biofuels, coal, conventional hydro, concentrating solar power, geothermal, marine and hydrokinetic power, natural gas, photovoltaics, and transmission lines. This fact sheet focuses on JEDI for wind energy projects and is revised with 2017 figures.

Institutional preconditions of socio-ecological-economic regulation of environmental management activities

Directory of Open Access Journals (Sweden)

T. A. Plaksunova

2017-01-01

Full Text Available The need to regulate environmental management activities of institutional entities arises when it affects the interests of third-party entities or threatened by the ongoing entity manufacturing practices its own resilience, to achieve the main goal. The complexity and diversity of the forms of socio-ecological and ecological-economic issues at different levels of the economic system leads to the development of many directions and views on the expansion of the management process of these levels (global, national, regional, local and techniques from rigid-deklorative state before combination with the market. In this respect, the neoclassical economic theory actively generated new analytical ideas and concept that enables to respond adequately to emerging economic realities. So we can distinguish the following approaches to regulate environmental management activities: T. Malthus and D. Ricardo, revealing issues of social, ecological and economic implications of limited natural resources in the context of the law of diminishing effectiveness and the need to regulate environmental management activities. John. St. Mill and George proved to be ineffective in addressing environmental problems in the industrial economy of the type of the imperfection of the institutions of society, justifying the occurrence of crises protohistoric speculation nature's benefits. A. Pigou developed the theory of externalities, which revealed the need for state regulation of the environmental management activities of economic entities, harmonization of individual and social interests. Research I. Kula, F. Khan and P. Samuelson identified a pattern about the formation of the system of regulation nature-safety activities, not only within individual States but also on a global level. R. Crows have shown that the methods of direct state regulation of nature economic activity is not as good as it seems at first glance and so you should not underestimate the role and potential

Nutrition economics - characterising the economic and health impact of nutrition.

Science.gov (United States)

Lenoir-Wijnkoop, I; Dapoigny, M; Dubois, D; van Ganse, E; Gutiérrez-Ibarluzea, I; Hutton, J; Jones, P; Mittendorf, T; Poley, M J; Salminen, S; Nuijten, M J C

2011-01-01

There is a new merging of health economics and nutrition disciplines to assess the impact of diet on health and disease prevention and to characterise the health and economic aspects of specific changes in nutritional behaviour and nutrition recommendations. A rationale exists for developing the field of nutrition economics which could offer a better understanding of both nutrition, in the context of having a significant influence on health outcomes, and economics, in order to estimate the absolute and relative monetary impact of health measures. For this purpose, an expert meeting assessed questions aimed at clarifying the scope and identifying the key issues that should be taken into consideration in developing nutrition economics as a discipline that could potentially address important questions. We propose a first multidisciplinary outline for understanding the principles and particular characteristics of this emerging field. We summarise here the concepts and the observations of workshop participants and propose a basic setting for nutrition economics and health outcomes research as a novel discipline to support nutrition, health economics and health policy development in an evidence and health-benefit-based manner.

Regulatory impact analysis of the part 503 sewage sludge regulation. Final report

International Nuclear Information System (INIS)

Burris, S.

1992-01-01

The report evaluates the costs, benefits, and economic impacts of the final 40 CFR Part 503 regulation governing the use of disposal of sewage sludge generated during the treatment of domestic sewage in a treatment works and domestic septage. The report begins by describing some relevant characteristics of treatment works and domestic septage haulers. The report focuses on the costs, risks, and benefits of the Part 503 regulation

Economic impact of cultural tourism

OpenAIRE

Zadel, Zrinka; Bogdan, Sinisa

2013-01-01

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

Economic impact of world mining

International Nuclear Information System (INIS)

Walser, G.

2002-01-01

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

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

International Nuclear Information System (INIS)

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

2017-01-01

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

Contribution to the economic impact assessment of policy options to regulate animal cloning for food production with an economic simulation model

OpenAIRE

Koen Dillen; Emanuele Ferrari; Pascal Tillie; George Philippidis; Sophie Helaine

2013-01-01

The EU is currently evaluating different policy options towards the use of cloning or products derived from cloned animals in the food chain. This study presents a first attempt to quantify the likely effects of different policy scenarios on international trade and EU domestic production. In the context of the Impact Asessment process the JRC was requested to simulate via a modelling study the economic impact of selected policy options. Based on a literature review and the specific constra...

The Financial Regulation of the Country’s Economic Development

Directory of Open Access Journals (Sweden)

Davydova Irina I.

2017-12-01

Full Text Available The article is aimed at disclosing the essence of the system of financial regulation of economic development of the country, defining institutional foundations in the process of development of financial mechanism. Approaches to strengthening the efficiency of financial policy as an important economic institution, which should significantly influence economic growth, have been developed. The directions of increase of efficiency of budget policy in conditions of institutional changes have been defined. Currently, financial regulation of the country is being formed in the context of socio-economic policy, which is resulting from the need for the State participation in the world economic and financial relations, for improving the quality of public services on the part of the State, which requires the implementation of a strategy of economic growth at a qualitatively new institutional level. The State financial policy should ultimately focus on the appropriate endogenous factors of economic growth. In modern conditions it is expedient to strengthen the role of financial policy as a significant macro-economic instrument, which provides an effective influence on achievement of financial and economic balance, efficiency of economic transformations.

Regional economic impacts of Grand Canyon river runners.

Science.gov (United States)

Hjerpe, Evan E; Kim, Yeon-Su

2007-10-01

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

Regional economic impact of oil spills

International Nuclear Information System (INIS)

Heen, K.; Andersen, M.

1994-01-01

An approach is demonstrated of coupling an environmental model to input-output analysis which aims to quantify the regional economic impact of an environmental accident. The model is implemented with the data of a potential oil spill interacting with the salmon aquaculture industry in Northern Norway. The production loss in salmon aquaculture and the regional income impact is computed and discussed. The approach used in this article could be a model for estimating the regional socio-economic impact of environmental factors like water and air pollution. 1 fig., 4 tabs., 19 refs

EU climate policy up to 2020. An economic impact assessment

Energy Technology Data Exchange (ETDEWEB)

Boehringer, Christoph [Department of Economics, University of Oldenburg (Germany); Centre for European Economic Research (ZEW) Mannheim (Germany); Loeschel, Andreas [Centre for European Economic Research (ZEW) Mannheim (Germany); Moslener, Ulf [KfW Development Bank, Frankfurt (Germany); Rutherford, Thomas F. [Center for Energy Policy and Economy (CEPE), ETH Zuerich (Switzerland)

2009-07-01

In its fight against climate change the EU is committed to reducing its overall greenhouse gas emissions to at least 20% below 1990 levels by 2020. To meet this commitment, the EU builds on segmented market regulation with an EU-wide cap-and-trade system for emissions from energy-intensive installations (ETS sectors) and additional measures by each EU Member State covering emission sources outside the cap-and-trade system (the non-ETS sector). Furthermore, the EU has launched additional policy measures such as renewable energy subsidies in order to promote compliance with the climate policy target. Basic economic reasoning suggests that emission market segmentation and overlapping regulation can create substantial excess costs if we focus only on the climate policy target. In this paper, we evaluate the economic impacts of EU climate policy based on numerical simulations with a computable general equilibrium model of international trade and energy use. Our results highlight the importance of initial market distortions and imperfections as well as alternative baseline projections for the appropriate assessment of EU compliance cost. (author)

EU climate policy up to 2020: An economic impact assessment

Energy Technology Data Exchange (ETDEWEB)

Boehringer, Christoph, E-mail: boehringer@uni-oldenburg.d [Department of Economics, University of Oldenburg (Germany); Centre for European Economic Research (ZEW) Mannheim (Germany); Loeschel, Andreas [Centre for European Economic Research (ZEW) Mannheim (Germany); Moslener, Ulf [KfW Development Bank, Frankfurt (Germany); Rutherford, Thomas F. [Center for Energy Policy and Economy (CEPE), ETH Zuerich (Switzerland)

2009-07-01

In its fight against climate change the EU is committed to reducing its overall greenhouse gas emissions to at least 20% below 1990 levels by 2020. To meet this commitment, the EU builds on segmented market regulation with an EU-wide cap-and-trade system for emissions from energy-intensive installations (ETS sectors) and additional measures by each EU Member State covering emission sources outside the cap-and-trade system (the non-ETS sector). Furthermore, the EU has launched additional policy measures such as renewable energy subsidies in order to promote compliance with the climate policy target. Basic economic reasoning suggests that emission market segmentation and overlapping regulation can create substantial excess costs if we focus only on the climate policy target. In this paper, we evaluate the economic impacts of EU climate policy based on numerical simulations with a computable general equilibrium model of international trade and energy use. Our results highlight the importance of initial market distortions and imperfections as well as alternative baseline projections for the appropriate assessment of EU compliance cost.

EU climate policy up to 2020. An economic impact assessment

International Nuclear Information System (INIS)

Boehringer, Christoph; Loeschel, Andreas; Moslener, Ulf; Rutherford, Thomas F.

2009-01-01

In its fight against climate change the EU is committed to reducing its overall greenhouse gas emissions to at least 20% below 1990 levels by 2020. To meet this commitment, the EU builds on segmented market regulation with an EU-wide cap-and-trade system for emissions from energy-intensive installations (ETS sectors) and additional measures by each EU Member State covering emission sources outside the cap-and-trade system (the non-ETS sector). Furthermore, the EU has launched additional policy measures such as renewable energy subsidies in order to promote compliance with the climate policy target. Basic economic reasoning suggests that emission market segmentation and overlapping regulation can create substantial excess costs if we focus only on the climate policy target. In this paper, we evaluate the economic impacts of EU climate policy based on numerical simulations with a computable general equilibrium model of international trade and energy use. Our results highlight the importance of initial market distortions and imperfections as well as alternative baseline projections for the appropriate assessment of EU compliance cost. (author)

MIGRATION IMPACT ON ECONOMICAL SITUATION

Directory of Open Access Journals (Sweden)

Virginia COJOCARU

2016-01-01

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

Economic impacts of climate change in Australia: framework and analysis

International Nuclear Information System (INIS)

Ford, Melanie

2007-01-01

Full text: There is growing interest in understanding the potential impacts of climate change in Australia, and especially the economic impacts of 'inaction'. In this study, a preliminary analysis of the possible economic impacts of future climate change in Australia is undertaken using ABARE's general equilibrium model of the global economy, GTEM. In order to understand the potential economy-wide economic impacts, the broad climatic trends that Australia is likely to experience over the next several decades are canvassed and the potential economic and non-economic impacts on key risk areas, such as water resources, agriculture and forests, health, industry and human settlements and the ecosystems, are identified. A more detailed analysis of the economic impacts of climate change are undertaken by developing two case studies. In the first case study, the economic impact of climate change and reduced water availability on the agricultural sector is assessed in the Murray-Darling Basin. In the second case study, the sectoral economic impacts on the Australian resources sector of a projected decline in global economic activity due to climate change is analysed. The key areas of required development to more fully understand the economy-wide and sectoral impacts of climate change are also discussed including issues associated with estimating both non-market and market impacts. Finally, an analytical framework for undertaking integrated assessment of climate change impacts domestically and globally is developed

Spatialization of the impacts of the economic regulation of the greenhouse in the agricultural sector

International Nuclear Information System (INIS)

Jayet, P.A.

2004-02-01

This report addresses the issue of the spatialization of the impacts of greenhouse gas mitigation policies in the agricultural sector. Generally speaking, the objective is to reach a compromise between large-scale macro-economic modelling approaches - which often overlook the spatial variability of emissions and abatement costs - and field-scale biophysical modelling approaches. The studies carried out in the course of this project rely for the most part on a supply-side oriented economic model of the EU agriculture based on micro-economic concepts, mathematical programming and optimization. The analysis of spatial implications of GHG mitigation polices relies on the use of Geographic Information Systems (GIS), which allows for spatial integration of the results provided by the economic model. We first carry out a comprehensive assessment of the emission sources of methane and nitrous oxide for the EU agriculture at a regional scale (FADN regions, scale at which data that feed the economic model are available). The abatement supply from the agricultural sector is derived from this assessment by simulating the impact of a first-best instrument (namely an emission tax). We therefore estimate the marginal abatement cost curves for all sources and at the farm-type level. The heterogeneity of abatement costs is discussed both at the regional scale (spatially defined) and at the farm-type level (non spatially-defined). Our results show that the spatial heterogeneity of abatement costs is of crucial importance in the design of GHG mitigation policies. The greater is the heterogeneity of abatement costs, the larger is the efficiency loss associated with non incentive-based instruments. We estimate this efficiency loss in the case of uniform quotas. Down-scaling the economic and environmental results from the FADN-region scale to a finer scale requires the linking of the simulation results with geo-referenced databases and GIS tools. This has been carried out for a test

Power station impacts: socio-economic impact assessment

International Nuclear Information System (INIS)

Glasson, John; Elson, Martin; Barrett, Brendan; Wee, D. Van der

1987-01-01

The aim of this study is to assess the local social and economic impacts of a proposed nuclear power station development at Hinkley Point in Somerset. The proposed development, Hinkley Point C, would be an addition to the existing Hinkley Point A Magnox station, commissioned in 1965, and the Hinkley Point B Advanced Gas Cooled Reactor (AGR) station, commissioned in 1976. It is hoped that the study will be of assistance to the CEGB, the Somerset County and District Councils and other agencies in their studies of the proposed development. In addition, the study seeks to apply and further develop the methodology and results from previous studies by the Power Station Impacts (PSI) team for predicting the social and economic effects of proposed power station developments on their localities. (author)

Nutrition economics – characterising the economic and health impact of nutrition

Science.gov (United States)

Lenoir-Wijnkoop, I.; Dapoigny, M.; Dubois, D.; van Ganse, E.; Gutiérrez-Ibarluzea, I.; Hutton, J.; Jones, P.; Mittendorf, T.; Poley, M. J.; Salminen, S.; Nuijten, M. J. C.

2011-01-01

There is a new merging of health economics and nutrition disciplines to assess the impact of diet on health and disease prevention and to characterise the health and economic aspects of specific changes in nutritional behaviour and nutrition recommendations. A rationale exists for developing the field of nutrition economics which could offer a better understanding of both nutrition, in the context of having a significant influence on health outcomes, and economics, in order to estimate the absolute and relative monetary impact of health measures. For this purpose, an expert meeting assessed questions aimed at clarifying the scope and identifying the key issues that should be taken into consideration in developing nutrition economics as a discipline that could potentially address important questions. We propose a first multidisciplinary outline for understanding the principles and particular characteristics of this emerging field. We summarise here the concepts and the observations of workshop participants and propose a basic setting for nutrition economics and health outcomes research as a novel discipline to support nutrition, health economics and health policy development in an evidence and health-benefit-based manner. PMID:20797310

Economic impact of medication error: a systematic review.

Science.gov (United States)

Walsh, Elaine K; Hansen, Christina Raae; Sahm, Laura J; Kearney, Patricia M; Doherty, Edel; Bradley, Colin P

2017-05-01

Medication error is a significant source of morbidity and mortality among patients. Clinical and cost-effectiveness evidence are required for the implementation of quality of care interventions. Reduction of error-related cost is a key potential benefit of interventions addressing medication error. The aim of this review was to describe and quantify the economic burden associated with medication error. PubMed, Cochrane, Embase, CINAHL, EconLit, ABI/INFORM, Business Source Complete were searched. Studies published 2004-2016 assessing the economic impact of medication error were included. Cost values were expressed in Euro 2015. A narrative synthesis was performed. A total of 4572 articles were identified from database searching, and 16 were included in the review. One study met all applicable quality criteria. Fifteen studies expressed economic impact in monetary terms. Mean cost per error per study ranged from €2.58 to €111 727.08. Healthcare costs were used to measure economic impact in 15 of the included studies with one study measuring litigation costs. Four studies included costs incurred in primary care with the remaining 12 measuring hospital costs. Five studies looked at general medication error in a general population with 11 studies reporting the economic impact of an individual type of medication error or error within a specific patient population. Considerable variability existed between studies in terms of financial cost, patients, settings and errors included. Many were of poor quality. Assessment of economic impact was conducted predominantly in the hospital setting with little assessment of primary care impact. Limited parameters were used to establish economic impact. Copyright © 2017 John Wiley & Sons, Ltd. Copyright © 2017 John Wiley & Sons, Ltd.

Fuels planning: science synthesis and integration; economic uses fact sheet 03: economic impacts of fuel treatments

Science.gov (United States)

Rocky Mountain Research Station USDA Forest Service

2004-01-01

With increased interest in reducing hazardous fuels in dry inland forests of the American West, agencies and the public will want to know the economic impacts of fuel reduction treatments. This fact sheet discusses the economic impact tool, a component of My Fuel Treatment Planner, for evaluating economic impacts.

Economic impacts of wine tourism in Michigan

Science.gov (United States)

Mi-Kyung Kim; Seung Hyun Kim

2003-01-01

In Michigan, wine tourism is perceived as increasingly important concept because more and more tourists visit wineries and wine tasting rooms annually. However there have been few studies conducted concerning the economic impacts of wineries in Michigan even though the industry has been recognized as having significant economic impact potential. The primary purpose of...

International Jobs and Economic Development Impacts (I-JEDI) Model

Energy Technology Data Exchange (ETDEWEB)

2016-09-01

International Jobs and Economic Development Impacts (I-JEDI) is a freely available economic model that estimates gross economic impacts from wind, solar, biomass, and geothermal energy projects. Building on a similar model for the United States, I-JEDI was developed by the National Renewable Energy Laboratory under the U.S. government's Enhancing Capacity for Low Emission Development Strategies (EC-LEDS) program to support partner countries in assessing economic impacts of LEDS actions in the energy sector.

ECOLOGICAL ECONOMICS VS ECONOMIC(AL ECOLOGY

Directory of Open Access Journals (Sweden)

G. Kharlamova

2015-10-01

Full Text Available Currently world faces the dilemma – ecological economy or economic(al ecology. The researchers produce hundreds of surveys on the topic. However the analyses of recent most cited simulations had shown the diversity of results. Thus, for some states the Kuznets environmental curve has place, for others – no. Same could be said about different years for the same state. It provokes the necessity of drawing new group analyses to reveal the tendencies and relationships between economic and environmental factors. Most flexible and mirror factor of environmental sustainability is the volume of CO2 emissions. The econometric analysis was used for detecting the economic impact on this indicator at the global level and in the spectra of group of states depending on their income. The hypothesis of the existence of environmental Kuznets curve for the analysed data is rejected. Real GDP per capita impact on carbon dioxide emissions is considered only at the global level. The impact of openness of the economy is weak. Rejection happened also to the hypothesis that for the developed countries there is a reverse dependence between the environmental pollution and economic openness. Indicator “energy consumption per capita” impacts on greenhouse gas emissions only in countries with high income. Whereby it should be noted that the more developed a country is, the more elastic is this influence. These results have a potential usage for environmental policy regulation and climate strategy.

Evaluating the Air Quality, Climate and Economic Impacts of ...

Science.gov (United States)

Anaerobic digestion is a natural biological process in which microorganisms break down organic materials in the absence of oxygen. When anaerobic microbes metabolize organic waste – i.e., the carbon-based remains of plants, animals and their waste products, e.g. animal manure, sewage sludge and food waste – they produce biogas. Biogas consists mainly of methane and carbon dioxide and can be used as a renewable energy fuel in a variety of applications. The impacts of biogas generation and utilization processes differ, depending on the source material (e.g., sewage, manure, food processing waste, municipal solid waste) and end uses (e.g., on-site electricity generation, conversion to a vehicle fuel, injection into the natural gas pipeline, etc.). Organic waste managers and regulators alike lack sufficient information about the overall environmental and economic performance of available biogas management technologies. A more complete understanding of the environmental and economic performance of biogas-to-energy technologies will assist state and local governments, regulators, and potential project developers in identifying geographically appropriate and cost-effective biogas management options.The backdrop for this research was California. The state has unique air quality challenges due to the combination of meteorology and topography, population growth and the pollution burden associated with mobile sources. However, with the strengthening of National Ambient

The economic impact of renewable energy

International Nuclear Information System (INIS)

1998-02-01

This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices

The economic impact of renewable energy

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-02-01

This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices.

Economic incentives and alternative nitrogen regulation schemes

DEFF Research Database (Denmark)

Jensen, Jørgen Dejgård; Ørum, Jens Erik

2014-01-01

The objective of this chapter is to investigate economic incentives associated with changes in nitrogen regulation, including the distribution between farm types and geographically. The analysis is carried out on a partial equilibrium simulation model of the Danish agricultural sector—ESMERALDA. ...

Economic impacts of marine ecological change

NARCIS (Netherlands)

Groeneveld, Rolf A.; Bartelings, Heleen; Börger, Tobias; Bosello, Francesco; Buisman, Erik; Delpiazzo, Elisa; Eboli, Fabio; Fernandes, Jose A.; Hamon, Katell G.; Hattam, Caroline; Loureiro, Maria; Nunes, Paulo A.L.D.; Piwowarczyk, Joanna; Schasfoort, Femke E.; Simons, Sarah L.; Walker, Adam N.

2018-01-01

Marine ecological change is likely to have serious potential economic consequences for coastal economies all over the world. This article reviews the current literature on the economic impacts of marine ecological change, as well as a number of recent contributions to this literature carried out

Economic impact of Beijing 2008 Olympic Games

OpenAIRE

Zheng, Peng

2009-01-01

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

Economic Impacts of Power Shortage

Directory of Open Access Journals (Sweden)

Peng Ou

2016-07-01

Full Text Available The electricity industry is a basic industry of the national economy. It has experienced several large-scale power shortages, hard power shortage and soft power shortage, which have brought a great threat to China’s sustainable economic development. To solve this problem better, it is necessary to make a quantitative assessment of the economic impacts of power shortage. The CGE model is commonly used for simulating economic shocks and policy effects. It describes supply, demand and equilibrium in different markets by simulating the economic mechanism through a set of equations. Once changed, the exogenous variables will affect a certain part of the system and then the whole system, leading to changes in quantities and prices. The equilibrium state will also change from one to another. A static CGE model is built in this paper, and the Social Accounting Matrix (SAM of eight sectors of China in 2007 is compiled, in order to simulate the economic impacts of hard power shortage and soft power shortage. Simulation results show that the negative effects of power shortage on economic development are very significant, and the effects vary in different sectors. Especially, under the background of hard power shortage, the industrial sector suffers most. The economic cost of power shortage is considerable, and the main reason for it is the specific administrative pricing system in China. The low electricity price in the long term will lead to insufficient construction and hard power shortage; moreover, that in the short run would result in soft power shortage. In order to solve the problem of power shortage completely, power system reform is inevitable.

Legalizing and Regulating Marijuana in Canada: Review of Potential Economic, Social, and Health Impacts

Directory of Open Access Journals (Sweden)

Mohammad Hajizadeh

2016-08-01

Full Text Available Notwithstanding a century of prohibition, marijuana is the most widely used illicit substance in Canada. Due to the growing public acceptance of recreational marijuana use and ineffectiveness of the existing control system in Canada, the issue surrounding legalizing this illicit drug has received considerable public and political attentions in recent years. Consequently, the newly elected Liberal Government has formally announced that Canada will introduce legislation in the spring of 2017 to start legalizing and regulating marijuana. This editorial aims to provide a brief overview on potential economic, social, and public health impacts of legal marijuana in Canada. The legalization could increase tax revenue through the taxation levied on marijuana products and could also allow the Government to save citizens’ tax dollars currently being spent on prohibition enforcement. Moreover, legalization could also remove the criminal element from marijuana market and reduce the size of Canada’s black market and its consequences for the society. Nevertheless, it may also lead to some public health problems, including increasing in the uptake of the drug, accidents and injuries. The legalization should be accompanied with comprehensive strategies to keep the drug out of the hands of minors while increasing awareness and knowledge on harmful effects of the drug. In order to get better insights on how to develop an appropriate framework to legalize marijuana, Canada should closely watch the development in the neighboring country, the United States, where some of its states viz, Colorado, Oregon, Washington, and Alaska have already legalized recreational use of marijuana.

Legalizing and Regulating Marijuana in Canada: Review of Potential Economic, Social, and Health Impacts.

Science.gov (United States)

Hajizadeh, Mohammad

2016-05-25

Notwithstanding a century of prohibition, marijuana is the most widely used illicit substance in Canada. Due to the growing public acceptance of recreational marijuana use and ineffectiveness of the existing control system in Canada, the issue surrounding legalizing this illicit drug has received considerable public and political attentions in recent years. Consequently, the newly elected Liberal Government has formally announced that Canada will introduce legislation in the spring of 2017 to start legalizing and regulating marijuana. This editorial aims to provide a brief overview on potential economic, social, and public health impacts of legal marijuana in Canada. The legalization could increase tax revenue through the taxation levied on marijuana products and could also allow the Government to save citizens' tax dollars currently being spent on prohibition enforcement. Moreover, legalization could also remove the criminal element from marijuana market and reduce the size of Canada's black market and its consequences for the society. Nevertheless, it may also lead to some public health problems, including increasing in the uptake of the drug, accidents and injuries. The legalization should be accompanied with comprehensive strategies to keep the drug out of the hands of minors while increasing awareness and knowledge on harmful effects of the drug. In order to get better insights on how to develop an appropriate framework to legalize marijuana, Canada should closely watch the development in the neighboring country, the United States, where some of its states viz, Colorado, Oregon, Washington, and Alaska have already legalized recreational use of marijuana. © 2016 by Kerman University of Medical Sciences.

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

OpenAIRE

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

2011-01-01

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

78 FR 6322 - Economic Impact Policy

Science.gov (United States)

2013-01-30

... EXPORT-IMPORT BANK Economic Impact Policy This notice is to inform the public that the Export..., France, Germany, Greece, Hungary, Indonesia, Italy, Kenya, Malaysia, Philippines, Poland, Romania... comments on this transaction by email to economic[email protected] or by mail to 811 Vermont Avenue NW...

Socio-economic impacts of nuclear generating stations

International Nuclear Information System (INIS)

Weisiger, M.L.; Pijawka, K.D.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the St. Lucie nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period, 1980-1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Economic impacts of geothermal development in Harney County, Oregon

International Nuclear Information System (INIS)

Sifford, A.; Beale, K.

1991-12-01

This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be in Harney Count. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Harney County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300 degrees F. Local economic impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result from the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant

Economic impacts of geothermal development in Deschutes County, Oregon

International Nuclear Information System (INIS)

Sifford, A.; Beale, K.

1991-12-01

This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be Deschutes County. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Deschutes County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300 degrees F. Local economical impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result for the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant

Economic Impacts of Geothermal Development in Deschutes County, Oregon.

Energy Technology Data Exchange (ETDEWEB)

Sifford, Alex; Beale, Kasi

1991-12-01

This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be Deschutes County. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Deschutes County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300{degrees}F. Local economical impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result for the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant.

Economic Impacts of Geothermal Development in Harney County, Oregon.

Energy Technology Data Exchange (ETDEWEB)

Sifford, Alex; Beale, Kasi

1991-12-01

This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be in Harney Count. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Harney County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300{degrees}F. Local economic impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result from the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant.

The impact of economic globalisation on health.

Science.gov (United States)

Koivusalo, Meri

2006-01-01

The analysis of the impact of economic globalisation on health depends on how it is defined and should consider how it shapes both health and health policies. I first discuss the ways in which economic globalisation can and has been defined and then why it is important to analyse its impact both in terms of health and health policies. I then explore the ways in which economic globalisation influences health and health policies and how this relates to equity, social justice, and the role of values and social rights in societies. Finally, I argue that the process of economic globalisation provides a common challenge for all health systems across the globe and requires a broader debate on values, accountability, and policy approaches.

ECONOMIC IMPACTS OF TOURISM: THE EVIDENCE OF MACEDONIA

OpenAIRE

Biljana Petrevska

2012-01-01

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

Climate change. Socio-economic impacts and violent conflict

International Nuclear Information System (INIS)

Van Ierland, E.C.; Klaassen, M.G.; Nierop, T.; Van der Wusten, H.

1996-01-01

The results of a literature study on the socio-economic impacts of climate change and the possibilities of violent conflicts enhanced by the greenhouse effect are presented. The socio-economic impacts are classified according to the economic sectors agriculture, forestry, fishery, energy, water, construction, transport, tourism and recreation and discussed in Chapter 2. The impacts on property, ecosystems and human well being are outlined in chapter 3. Chapter 4 deals with climate change and environmental security, and discusses the most important concepts of security and their relation to climate change. Chapter 5 deals with already existing and potential conflicts, that may be enhanced by the greenhouse effect as a result of resource scarcity, particularly related to availability of food and water. On the basis of the literature study and an analysis of research gaps propositions are made on new areas of research to be undertaken. The study emphasizes the need to further study the impact on agriculture in semi-arid zones, the impact on water availability in sensitive regions, a further analysis of the consequences of sea level rise particularly in sensitive areas and with regard to forced migration. Also further studies are required into the socio-economic impacts of changes in human health and mortality due to climate change, in relation to diseases. Special attention should be paid to migration because of environmental degradation and flooding. Extreme weather events have already been studied, but there still is a need for further insights into how extreme weather events will affect society, taking into account adaptive behaviour. Finally, in the area of socio-economic impacts, the implications of changes in ecosystems and biodiversity require further attention as these effects may be large but, at the same time, difficult to assess in economic terms. 175 refs

THE ECONOMIC IMPACT ON GLOBAL TOURISM

Directory of Open Access Journals (Sweden)

Bogdan Sofronov

2017-07-01

Full Text Available Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds. In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.

THE ECONOMIC IMPACT ON GLOBAL TOURISM

Directory of Open Access Journals (Sweden)

Bogdan Sofronov

2017-06-01

Full Text Available Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds. In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.

Economic impacts of Medicaid in North Carolina.

Science.gov (United States)

Dumas, Christopher; Hall, William; Garrett, Patricia

2008-01-01

The purpose of this study is to provide estimates of the economic impacts of Medicaid program expenditures in North Carolina in state fiscal year (SFY) 2003. The study uses input-output analysis to estimate the economic impacts of Medicaid expenditures. The study uses North Carolina Medicaid program expenditure data for SFY 2003 as submitted by the North Carolina Division of Medical Assistance to the federal Centers for Medicare and Medicaid Services (CMS). Industry structure data from 2002 that are part of the IMPLAN input-output modeling software database are also used in the analysis. In SFY 2003 $6.307 billion in Medicaid program expenditures occurred within the state of North Carolina-$3.941 billion federal dollars, $2.014 billion state dollars, and $351 million in local government funds. Each dollar of state and local government expenditures brought $1.67 in federal Medicaid cost-share to the state. The economic impacts within North Carolina of the 2003 Medicaid expenditures included the following: 182,000 jobs supported (including both full-time and some part-time jobs); $6.1 billion in labor income (wages, salaries, sole proprietorship/partnership profits); and $1.9 billion in capital income (rents, interest payments, corporate dividend payments). If the Medicaid program were shut down and the funds returned to taxpayers who saved/spent the funds according to typical consumer expenditure patterns, employment in North Carolina would fall by an estimated 67,400 jobs, and labor income would fall by $2.83 billion, due to the labor-intensive nature of Medicaid expenditures. Medicaid expenditure and economic impact results do not capture the economic value of the improved health and well-being of Medicaid recipients. Furthermore, the results do not capture the savings to society from increased preventive care and reduced uncompensated care resulting from Medicaid. State and local government expenditures do not fully capture the economic consequences of Medicaid

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

Science.gov (United States)

Barth, Jannette M

2013-01-01

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

Economic impact analysis of independent power projects in British Columbia

International Nuclear Information System (INIS)

2009-12-01

Independent power producer (IPP) projects have been active in British Columbia's (BC) regulated electricity market since the late 1980s. The 49 IPP projects developed in the province currently account for approximately 10 per cent of BC's electricity generation, and IPP development continues to expand in nearly every region. This study presented an economic impact analysis of IPP projects in BC. The economic impacts of IPP projects were divided into 2 categories: (1) existing IPP projects, and (2) potential IPP projects. The study showed that the total power potential supplied by BC IPP projects would increase from a current level of 5940 annual GWh to approximately 14,149 GWh. BC could also be generating a further 21,321 GWh of annual output to service demand domestically in addition to exporting to the United States. The value of capital investment in existing IPPs across BC was estimated at $2.8 billion. Capital investment in potential IPPs was estimated at $26.1 billion in 2009 constant dollars. Government revenues generated through the construction phase of potential IPP projects were estimated at $1.6 billion. IPP projects are expected to have a significant impact on First Nations groups, contribute to provincial energy self-sufficiency, and have little to no greenhouse gas (GHG) emissions. 25 refs., 19 tabs., 24 figs.

Socio-economic expenditure impacts report

International Nuclear Information System (INIS)

2004-01-01

The direct and indirect employment and employment income that can result from lifting the moratorium on British Columbia's west coast were estimated. Jobs and income are the two socio-economic benefits that generate the most concern at the local, provincial and national levels. The estimates are based on the development scenarios of one natural gas project in the Hecate Strait, and one oil project in the Queen Charlotte Sound. It was noted that a significant component of the potential socio-economic benefits from offshore development in British Columbia will result from project investment expenditures. Statistics Canada's Input-Output Model was used to assess the total expenditure impacts at the national and provincial levels. The indirect impacts are relatively more important to the local economy because they deal mainly with accommodation, food, beverage, and transportation. The total impacts can be measured in terms of total revenues, gross domestic product, and wages and salaries. The nature of supplier services that may be required were also identified. It was estimated that with the combined impacts of construction and operations, the total Canadian gross domestic product will increase by $3.0 billion, most of which will accrue to British Columbia. refs., tabs., figs

The Impact of High School Economics on the College Principles of Economics Course.

Science.gov (United States)

Brasfield, David W.

1993-01-01

Reports on a study of 1,119 students in introductory college economics courses to determine the impact of high school economics on student achievement. Finds that prior high school economics was positively and significantly related to students grades in both introductory microeconomics and macroeconomics courses. (CFR)

Economic Impacts of the Southern Pine Beetle

Science.gov (United States)

John M. Pye; Thomas P. Holmes; Jeffrey P. Prestemon; David N. Wear

2011-01-01

This paper provides an overview of the timber economic impacts of the southern pine beetle (SPB). Although we anticipate that SPB outbreaks cause substantial economic losses to households that consume the nonmarket economic services provided by healthy forests, we have narrowly focused our attention here on changes in values to timber growers and wood-products...

Economic Evaluation of Climate Change Impacts and Adaptation in Italy

International Nuclear Information System (INIS)

Gambarelli, G.; Goria, A.

2004-07-01

The paper deals with the social and economic dimensions of climate change impacts and adaptation in Italy. The ultimate aim of the paper is to provide policy makers and experts with a conceptual framework, as well as methodological and operational tools for dealing with climate change impacts and adaptation from an economic perspective. In order to do so, first a conceptual and theoretical framework of the economic assessment of climate change impacts is presented and the state of the art about impact assessment studies is briefly analysed. Then, the Italian case is taken into account, by underlying the main impacts and adaptation challenges that are likely to be implied by climate change in the next decades. The analysis of the Italian case is particularly addressed through the description of the methodology and results of two case studies. The first one, dealing mainly with impact assessment, is carried out at the national level and is part of a EC funded project on Weather Impacts on Natural, Social and Economic Systems (WISE). The second one is carried out at the local level and focuses on sea level rise impacts and adaptation in a plane south of Rome. The two case studies allow to propose simple and flexible methodologies for the economic impact assessment and the economic valuation of adaptation strategies

Impact of Artificial Intelligence on Economic Theory

OpenAIRE

Tshilidzi Marwala

2015-01-01

Artificial intelligence has impacted many aspects of human life. This paper studies the impact of artificial intelligence on economic theory. In particular we study the impact of artificial intelligence on the theory of bounded rationality, efficient market hypothesis and prospect theory.

Socio-economic impacts of the 2010 FIFA World Cup | Hermann ...

African Journals Online (AJOL)

Socio-economic impacts of the 2010 FIFA World Cup. ... Literature on the impacts of mega events on tourism is available but limited in number in terms of the impacts of mega events on local residents. This study analyses the post ... Keywords: Mega events, economic impacts, social impacts, World Cup, local community.

The Impact of Women Economic Group Conflicts on the ...

African Journals Online (AJOL)

The Impact of Women Economic Group Conflicts on the Development of their Projects: ... among women and their impact on the success of their economic projects. ... The target group was the petty business women in Kinondoni municipality.

Using Economic Impact Models as an Educational Tool in Community Economic Development Programming: Lessons from Pennsylvania and Wisconsin.

Science.gov (United States)

Shields, Martin; Deller, Steven C.

2003-01-01

Outlines an educational process designed to help provide communities with economic, social, and political information using community economic impact modeling. Describes the process of community meetings using economic impact, community demographics, and fiscal impact modules and the local preconditions that help make the process successful. (SK)

Business Organizations’ Positive Socio-Economic Impact on Society - a Step Beyond CSR

Directory of Open Access Journals (Sweden)

Mirela POPA

2015-12-01

Full Text Available In this article the authors argue the necessity of taking a step beyond CSR and tackling the issue of measuring the impact businesses have on society, in general. Even if CSR points out the idea that organizations have responsibilities regarding the well-being of the entire society, it has certain limitations listed in this article. Furthermore, the authors briefly present the socio-economic impact of business organizations including (1 some basic concepts, (2 the most relevant areas/fields for measuring the impact, and (3 the main advantages regarding the development and implementation of effective impact measurement practices. The general purpose of the empirical study refers to the identification of perceptions related to the Romanian business organizations’ socio-economic impact. In this regard, we set the following main objectives: (1 identifying the extent to which Romanian organizations undertake a process of measuring, assessing and managing their impacts on society, (2 analyzing clients, managers and owners’ perceptions regarding the positive impact of seven Romanian organizations’ activities, and (3 identifying the perceptional differences between clients and managers plus owners. The empirical results show that in the managers’ plus owners’ opinions the areas in which the organization’s activities always or almost always have a positive impact are: collecting and paying taxes, keeping a strict control over the costs, and fulfilling government regulations plus obeying laws. The highest differences in clients’ and managers’ plus owners’ perceptions refer to creating jobs and improving people’s personal security and the general well-being of society.

How do Economic Crises Impact Firm Boundaries?

DEFF Research Database (Denmark)

Foss, Kirsten

2010-01-01

How economic crises impact the boundaries of firms has been offered virtually no attention in the literature on the theory of the firm. I review the best-known theories of the firm and identify the variables that matter for the explanation of firm boundaries. I then examine how an economic crisis...... may impact these variables and change efficient firm boundaries. The various theories of the firm have difficulties explaining how firms efficiently adapt their boundaries to such prominent characteristics of economic crisis as declining demand and increased costs of external finance. However, all...... these theories stress uncertainty as an antecedent of firm organization, and as uncertainty is also an important characteristic of an economic crisis I examine how uncertainty is allowed to play out in the various theories in order to identify what predictions we can derive from the theory regarding changes...

The economic impact of recreation development: a synopsis

Science.gov (United States)

Wendell G. Breadsley

1971-01-01

Economic impacts per dollar of tourist expenditure have generally been found to be low compared to other economic sectors in local less-developed areas where recreation development is often proposed as a stimulus for economic growth. Tourism, however, can be economically important where potential or existing recreation attractions can encourage tourist spending in...

The regional economic impact of oil and gas extraction in Texas

International Nuclear Information System (INIS)

Lee, Jim

2015-01-01

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

Consistent Regulation of Infrastructure Businesses: Some Economic Issues

OpenAIRE

Flavio M. Menezes

2008-01-01

This paper examines some important economic aspects associated with the notion that consistency in the regulation of infrastructure businesses is a desirable feature. It makes two important points. First, it is not easy to measure consistency. In particular, one cannot simply point to different regulatory parameters as evidence of inconsistent regulatory policy. Second, even if one does observe consistency emerging from decisions made by different regulators, it does not necessarily mean that...

Columbia River System Operation Review : Final Environmental Impact Statement, Appendix O: Economic and Social Impact.

Energy Technology Data Exchange (ETDEWEB)

Columbia River System Operation Review (U.S.)

1995-11-01

This Appendix O of the Final Environmental Impact Statement for the Columbia River System measures the economic and social effects of the alternative system operation strategies and includes both geographic and methodology components. Areas discussed in detail include the following: purpose, scope and process; an economic history of the Columbia River Basin and its use today including the Columbia River and Socio-economic development in the Northwest and Major uses of the River System; Analysis procedures and methodologies including national economic evaluation, the concepts, analysis of assumptions, analysis for specific river uses, water quality, Regional evaluation, analysis, and social impacts; alternatives and impacts including implementation costs, andromous fish, resident fish and wildlife, flood control, irrigation and municipal and industrial water supply, navigation impacts, power, recreation, annual costs, regional economic analysis. Extensive comparison of alternatives is included.

Columbia River system operation review: Final environmental impact statement. Appendix O, economic and social impact

International Nuclear Information System (INIS)

1995-11-01

This Appendix O of the Final Environmental Impact Statement for the Columbia River System measures the economic and social effects of the alternative system operation strategies and includes both geographic and methodology components. Areas discussed in detail include the following: purpose, scope and process; an economic history of the Columbia River Basin and its use today including the Columbia River and Socio-economic development in the Northwest and Major uses of the River System; Analysis procedures and methodologies including national economic evaluation, the concepts, analysis of assumptions, analysis for specific river uses, water quality, Regional evaluation, analysis, and social impacts; alternatives and impacts including implementation costs, andromous fish, resident fish and wildlife, flood control, irrigation and municipal and industrial water supply, navigation impacts, power, recreation, annual costs, regional economic analysis. Extensive comparison of alternatives is included

Economic Impacts Analysis of Shale Gas Investment in China

Science.gov (United States)

Han, Shangfeng; Zhang, Baosheng; Wang, Xuecheng

2018-01-01

Chinese government has announced an ambitious shale gas extraction plan, which requires significant investment. This has the potential to draw investment from other areas and may affect the whole China’s economy. There is few study to date has quantified these shale gas investment’s effects on Chinese economy. The aim of this paper is to quantify the economic effect and figures out whether shale gas investment in China is a good choice or not. Input-output analysis has been utilized in this study to estimate the economic impacts in four different Chinese regions. Our findings show that shale gas investment will result in approximately 868, 427, 115 and 42 Billion RMB economic impacts in Sichuan, Chongqing, Inner Mongolia and Guizhou, respectively. The total economic impact is only around 1453 Billion RMB, which is not significant compared to the economic impact of coalbed methane investment. Considering the potential risks of environmental issues, we suggest that it may be a better strategy for the government, at least in the current situation, to slow down shale gas development investment.

Socio-economic impact of nuclear reactor decommissioning at Vandellos I NPP

International Nuclear Information System (INIS)

Liliana Yetta Pandi

2013-01-01

Currently nuclear reactors in Indonesia has been outstanding for more than 30 years, the possibility of nuclear reactors will be decommissioned. Closure of the operation or decommissioning of nuclear reactors will have socio-economic impacts. The socioeconomic impacts occur to workers, local communities and wider society. In this paper we report on socio-economic impacts of nuclear reactors decommissioning and lesson learned that can be drawn from the socio-economic impacts decommissioning Vandellos I nuclear power plant in Spain. Socio-economic impact due to decommissioning of nuclear reactor occurs at installation worker, local community and wider community. (author)

Economic impacts of geothermal development in Malheur County, Oregon

International Nuclear Information System (INIS)

Sifford, A.; Beale, K.

1993-01-01

This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be in Malheur County, shown in Figure 1. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Malheur County was chosen as it has both identified resources and industry interest. Local economic impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result from the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued responding as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. Public service impacts include costs such as education, fire protection, roads, waste disposal, and water supply. The project assumption discussion notes experiences at other geothermal areas. The background section compares geothermal with conventional power plants. Power plant fuel distinguishes geothermal from other power sources. Other aspects of development are similar to small scale conventional thermal sources. The process of geothermal development is then explained. Development consists of well drilling, gathering system construction, power plant construction, plant operation and maintenance, and wellfield maintenance

User Guide for the International Jobs and Economic Development Impacts Model

Energy Technology Data Exchange (ETDEWEB)

Keyser, David [National Renewable Energy Lab. (NREL), Golden, CO (United States); Flores-Espino, Francisco [National Renewable Energy Lab. (NREL), Golden, CO (United States); Uriarte, Caroline [National Renewable Energy Lab. (NREL), Golden, CO (United States); Cox, Sadie [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-09-01

The International Jobs and Economic Development Impacts (I-JEDI) model is a freely available economic model that estimates gross economic impacts from wind, solar, and geothermal energy projects for several different countries. Building on the original JEDI model, which was developed for the United States, I-JEDI was developed under the USAID Enhancing Capacity for Low Emission Development Strategies (EC-LEDS) program to support countries in assessing economic impacts of LEDS actions in the energy sector. I-JEDI estimates economic impacts by characterizing the construction and operation of energy projects in terms of expenditures and the portion of these expenditures made within the country of analysis. These data are then used in a country-specific input-output (I-O) model to estimate employment, earnings, gross domestic product (GDP), and gross output impacts. Total economic impacts are presented as well as impacts by industry. This user guide presents general information about how to use I-JEDI and interpret results as well as detailed information about methodology and model limitations.

Using monetary measurement of environmental impacts within economic reporting system

International Nuclear Information System (INIS)

Dovenmuehle, Timo R.H. von der

2013-01-01

Ecologic sustainability is not the only goal of an organization - there are the goals of social and economic sustainability, too. It is sad, but true: every action in one direction seems to have a negative impact to the other two dimensions. In this paper, a measurement methodology purely based on economic impacts is discussed. The goal is to minimize the gap betwen the dimensions ecologic and economic sustainability. It is based on the idea of an economic ecology, where the impact to the environment is measured by financial indicators. The definition of these indicators is based on the impact to the social environment, which allows this method to take care of the dimension of social sustainability, too. (orig.)

Using monetary measurement of environmental impacts within economic reporting system

Energy Technology Data Exchange (ETDEWEB)

Dovenmuehle, Timo R.H. von der [Volkswagen AG, Wolfsburg (Germany)

2013-07-01

Ecologic sustainability is not the only goal of an organization - there are the goals of social and economic sustainability, too. It is sad, but true: every action in one direction seems to have a negative impact to the other two dimensions. In this paper, a measurement methodology purely based on economic impacts is discussed. The goal is to minimize the gap betwen the dimensions ecologic and economic sustainability. It is based on the idea of an economic ecology, where the impact to the environment is measured by financial indicators. The definition of these indicators is based on the impact to the social environment, which allows this method to take care of the dimension of social sustainability, too. (orig.)

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

Directory of Open Access Journals (Sweden)

Próchniak Mariusz

2014-10-01

Full Text Available This study aims at assessing to what extent institutional environment is responsible for worldwide differences in economic growth and economic development. To answer this question, we use an innovative approach based on a new concept of the institutions-augmented Solow model which is then estimated empirically using regression equations. The analysis covers 180 countries during the 1993-2012 period. The empirical analysis confirms a large positive impact of the quality of institutional environment on the level of economic development. The positive link has been evidenced for all five institutional indicators: two indices of economic freedom (Heritage Foundation and Fraser Institute, the governance indicator (World Bank, the democracy index (Freedom House, and the EBRD transition indicator for post-socialist countries. Differences in physical capital, human capital, and institutional environment explain about 70-75% of the worldwide differences in economic development. The institutions-augmented Solow model, however, performs slightly poorer in explaining differences in the rates of economic growth: only one institutional variable (index of economic freedom has a statistically significant impact on economic growth. In terms of originality, this paper extends the theoretical analysis of the Solow model by including institutions, on the one hand, and shows a comprehensive empirical analysis of the impact of various institutional indicators on both the level of development and the pace of economic growth, on the other. The results bring important policy implications.

Future socio-economic impacts and vulnerabilities

Science.gov (United States)

Balgis Osman-Elasha; Neil Adger; Maria Brockhaus; Carol J. Pierce Colfer; Brent Sohngen; Tallaat Dafalla; Linda A. Joyce; Nkem Johnson; Carmenza Robledo

2009-01-01

The projected impacts of climate change are significant, and despite the uncertainties associated with current climate and ecosystem model projections, the associated changes in the provision of forest ecosystem services are expected to be substantial in many parts of the world. These impacts will present significant social and economic challenges for affected...

Towards improved socio-economic assessments of ocean acidification's impacts.

Science.gov (United States)

Hilmi, Nathalie; Allemand, Denis; Dupont, Sam; Safa, Alain; Haraldsson, Gunnar; Nunes, Paulo A L D; Moore, Chris; Hattam, Caroline; Reynaud, Stéphanie; Hall-Spencer, Jason M; Fine, Maoz; Turley, Carol; Jeffree, Ross; Orr, James; Munday, Philip L; Cooley, Sarah R

2013-01-01

Ocean acidification is increasingly recognized as a component of global change that could have a wide range of impacts on marine organisms, the ecosystems they live in, and the goods and services they provide humankind. Assessment of these potential socio-economic impacts requires integrated efforts between biologists, chemists, oceanographers, economists and social scientists. But because ocean acidification is a new research area, significant knowledge gaps are preventing economists from estimating its welfare impacts. For instance, economic data on the impact of ocean acidification on significant markets such as fisheries, aquaculture and tourism are very limited (if not non-existent), and non-market valuation studies on this topic are not yet available. Our paper summarizes the current understanding of future OA impacts and sets out what further information is required for economists to assess socio-economic impacts of ocean acidification. Our aim is to provide clear directions for multidisciplinary collaborative research.

Guide to the economic regulation of the electricity industry

International Nuclear Information System (INIS)

1999-06-01

Guide to the Economic Regulation of the Electricity Industry, part of the series of OXERA Guides to Regulation, is designed as an essential work of reference for those who work in regulation and for practitioners who need to understand the needs and mechanics of regulation. The 154-page document provides: comprehensive coverage of the institutional and legal framework which defines the regulation of the electricity industry; an examination of current regulatory issues and developments in the industry; explanations of the roles of the key players; a condensed account of all the relevant legal documents; coverage of the industry in Scotland and Northern Ireland. (Author)

Economic impact of PCI remedies

International Nuclear Information System (INIS)

Bairiot, H.

1980-01-01

The paper first outlines the data base on which the economic evaluation is performed. It includes: modifications of the design of the fuel; preconditioning of the fuel; ramping limitations; in-core fuel management modifications. The economic assumptions on which the study is performed are also outlined. They are representative of a PWR situation. For what fuel design modifications are concerned, some have a minor cost impact (e.g. pellet density, pellet length to diameter ratio, gap size, etc...), while some others may have a quite large impact on the fissile material cost (e.g. duplex pellet), the fabrication cost (e.g. coating of the cladding ID) or the reprocessing cost (e.g. interlayer between pellet and cladding). The preconditioning of the fuel may require to run the reactor in a mode unrelated to the energy demand. This aspect can be minimized by a proper adjustment of in-core fuel management. The ramping limitation is the most usually adopted approach. Different cases are investigated and the impact on generating cost is discussed. The in-core fuel management can also contribute to a better ramping performance of the fuel. Exemplative cases show that this leads to a minimum cost penalty. (author)

Operational Contract Support: Economic Impact Evaluation and Measures of Effectiveness

Science.gov (United States)

2017-12-01

NAVAL POSTGRADUATE SCHOOL MONTEREY, CALIFORNIA MBA PROFESSIONAL REPORT OPERATIONAL CONTRACT SUPPORT: ECONOMIC IMPACT EVALUATION AND MEASURES...DATES COVERED MBA professional report 4. TITLE AND SUBTITLE OPERATIONAL CONTRACT SUPPORT: ECONOMIC IMPACT EVALUATION AND MEASURES OF EFFECTIVENESS 5...evaluation, expeditionary economics , operational contract support, measure of effectiveness 15. NUMBER OF PAGES 89 16. PRICE CODE 17. SECURITY

Socio-Economic Impact Of Onchocerciasis With Particular ...

African Journals Online (AJOL)

The socio-economic impact of onchocerciasis (river blindness) on humans is reviewed with special reference to females and children. The results of many studies reveal that onchocerciasis is usuallya serious threat to public health and an impediment to socio-economic development in areas wth high intensity and high ...

Macro-economic Impact Study for Bio-based Malaysia

NARCIS (Netherlands)

Meijl, van H.; Smeets, E.M.W.; Dijk, van M.; Powell, J.P.; Tabeau, A.A.

2012-01-01

This Macro-economic Impact Study (MES) provides quantitative insights into the macro-economic effects of introducing green, palmbased alternatives for electricity, fuels, chemicals and materials industries in Malaysia between now and 2030.

ECONOMIC NATURE OF THE FINANCIAL REGULATION OF INSURANCE MARKET

Directory of Open Access Journals (Sweden)

L. Shirinyan

2013-07-01

Full Text Available Author made critical review of researches and found out the existance of the problem of determination and differentiation in a scientific literature the concepts “financial regulation of the insurance market”, “government financial regulation of the insurance market” and “government regulation of the insurance market”. It is offered the consideration of the insurance market from positions of analysis of the complex systems as being the component part of the greater system. It is disclosured the economic nature and determined the mentioned notions.

Economic impacts of invasive species in forests: past, present, and future.

Science.gov (United States)

Holmes, Thomas P; Aukema, Juliann E; Von Holle, Betsy; Liebhold, Andrew; Sills, Erin

2009-04-01

Biological invasions by nonnative species are a by-product of economic activities, with the vast majority of nonnative species introduced by trade and transport of products and people. Although most introduced species are relatively innocuous, a few species ultimately cause irreversible economic and ecological impacts, such as the chestnut blight that functionally eradicated the American chestnut across eastern North America. Assessments of the economic costs and losses induced by nonnative forest pests are required for policy development and need to adequately account for all of the economic impacts induced by rare, highly damaging pests. To date, countrywide economic evaluations of forest-invasive species have proceeded by multiplying a unit value (price) by a physical quantity (volume of forest products damaged) to arrive at aggregate estimates of economic impacts. This approach is inadequate for policy development because (1) it ignores the dynamic impacts of biological invasions on the evolution of prices, quantities, and market behavior, and (2) it fails to account for the loss in the economic value of nonmarket ecosystem services, such as landscape aesthetics, outdoor recreation, and the knowledge that healthy forest ecosystems exist. A review of the literature leads one to anticipate that the greatest economic impacts of invasive species in forests are due to the loss of nonmarket values. We proposed that new methods for evaluating aggregate economic damages from forest-invasive species need to be developed that quantify market and nonmarket impacts at microscales that are then extended using spatially explicit models to provide aggregate estimates of impacts. Finally, policies that shift the burden of economic impacts from taxpayers and forest landowners onto parties responsible for introducing or spreading invasives, whether through the imposition of tariffs on products suspected of imposing unacceptable risks on native forest ecosystems or by requiring

The economic impact of carbon pricing with regulated electricity prices in China—An application of a computable general equilibrium approach

International Nuclear Information System (INIS)

Li, Ji Feng; Wang, Xin; Zhang, Ya Xiong; Kou, Qin

2014-01-01

We use a dynamic CGE model (SICGE) to assess the economic and climate impacts of emissions trading system (ETS) in China with a carbon price of 100 Yuan/ton CO2. A particular focus is given to the regulated electricity price regime, which is a major concern of electricity sector’s cost-effective participation in ETS in China. We found: (1) Carbon pricing is an effective policy for China to reduce CO 2 emissions. Total CO 2 emissions reduction ranges from 6.8% to 11.2% in short-term. (2) Rigid electricity price entails lower CO 2 emissions reduction but can be considered as a feasible starting point to introduce carbon pricing policies in short-term as long as governmental subsidies are given to electricity production. (3) In mid- and long-term, the efficient policy is to earmark carbon revenue with competitive electricity price. We propose to use carbon revenue to reduce consumption tax in the first year of the introduction of carbon price and to use the carbon revenue to reduce production tax in following years. - Highlights: • We use a CGE model to assess the impacts of carbon pricing in China. • We test different scenarios of carbon cost pass-through in electricity price. • Carbon pricing policy cost-efficiency is examined with double-dividend hypothesis

Socio/economic/ecological impacts of nuclear power plants

International Nuclear Information System (INIS)

Golden, J.; Watson, J.

1975-01-01

A nuclear facility has both radiological and non-radiological effects on the environment. To minimize radiological effects, limits are set on releases of radioactive materials that will cause either direct or indirect exposure (such as the food chain). Exposure pathways for man and other organisms are described with comparisons of typical calculated doses and design objective doses. Non-radiological impacts of nuclear plants are classified as ecological-physical and socio/economic considerations, which include eighteen areas affected during each phase of the nuclear facility cycle. The ecological-physical environment is impacted in the areas of hydrology, terrestrial and aquatic ecology, and air and water quality. The socio-economic environment is impacted in areas of land use, tax base, employment, economic stimulus, relocation, lifestyle, demand for service, aesthetics, and power needs. Case studies of large construction projects are described in the appendix

The Impact of the Economic Transition on the Development of Economic Freedom – Case of Poland

Directory of Open Access Journals (Sweden)

Anna Stepniak-Kucharska

2015-06-01

Full Text Available The changes in the Polish socio-economic system, initiated at the turn of 1989 and 1990, led to a systematic increase in the liberalization of economy and thereby the rise of the level of economic freedom. The aim of this paper is to examine the impact of the economic transition on the development of economic freedom in Poland. The analysis, carried out in the period 1995-2015, was conducted on the basis of the chain-linked Economic Freedom Index by the Fraser Institute and the Index of Economic Freedom of the Heritage Foundation and the Wall Street Journal. The analysis indicates that: (1 Poland cannot be considered as a country that is fully free economically, but the transition of its economic system has resulted in a rapid growth of economic freedom. (2 The impact of transition varies for different areas (sub-indices of the economy. (3 The European economic integration stimulated the increase of EFI, but the economic crisis did not decrease the level of economic freedom.

The economic impact of NASA R and D spending

Science.gov (United States)

Evans, M. K.

1976-01-01

The economic impact of R and D spending, particularly NASA R and D spending, on the U. S. economy was evaluated. The crux of the methodology and hence the results revolve around the fact that it was necessary to consider both the demand effects of increased spending and the supply effects of a higher rate of technological growth and a larger total productive capacity. The demand effects are primarily short-run in nature, while the supply effects do not begin to have a significant effect on aggregate economic activity until the fifth year after increased expenditures have taken place. The short-term economic impact of alternative levels of NASA expenditures for 1975 was first examined. The long-term economic impact of increased levels of NASA R and D spending over a sustained period was then evaluated.

The Impact of Regulating Social Science Research with Biomedical Regulations

Science.gov (United States)

Durosinmi, Brenda Braxton

2011-01-01

The Impact of Regulating Social Science Research with Biomedical Regulations Since 1974 Federal regulations have governed the use of human subjects in biomedical and social science research. The regulations are known as the Federal Policy for the Protection of Human Subjects, and often referred to as the "Common Rule" because 18 Federal…

Economic impact of a noncomprehensive smoke-free air law.

Science.gov (United States)

Tauras, John A; Chaloupka, Frank J; Keith, Jennifer D; Brown, Deborah P; Meyer, Joy Blankley

2014-07-01

Many stakeholders were interested in the potential economic impact of Pennsylvania's 2008 Clean Indoor Air Act (CIAA). This study focused on the examination of economic change subsequent to CIAA and, because CIAA allows certain venue exemptions among eating and drinking establishments, if the allowance of exemptions influenced that impact. Policy analysis. Prais-Winsten regressions were employed to assess effects of CIAA and law exemptions on county-level quarterly taxable sales in restaurants and drinking establishments. Regressions controlled for general economic activity, trends in eating/drinking establishment sales, seasonality, and county characteristics. Across models, CIAA had no significant negative effects on taxable sales in full-/limited-service restaurants or drinking establishments and some positive effects. CIAA exemptions for drinking establishments do not offer a clear economic benefit. Restaurant and drinking establishment taxable sales were strongly related to overall economic conditions and seasonality. After controlling for confounding factors, and consistent with the weight of the evidence from literature on the economic impact of smoke-free policies, our study concludes that the Pennsylvania CIAA had no negative effects on per capita restaurant and drinking establishment taxable sales. High rates of drinking establishment exemptions were not economically beneficial. This study can inform efforts to make smoke-free laws more comprehensive. © 2014 Society for Public Health Education.

Measures to ensure economic safety of the system of state regulation of social and economic development by the example of the Voronezh region and AO concern "Constellation"

Directory of Open Access Journals (Sweden)

Yu. M. Sokolinskaya

2018-01-01

Full Text Available Growth of competitiveness and socio-economic development of Russia and its regions are impossible without ensuring economic security of enterprises of all sectors of the economy and forms of ownership, which is especially important in the face of economic sanctions and the negative impact of global economic crises. The program of social and economic development is a unique strategy of the region, focused on security and optimization of the spatial structure and relations between the center and the regions in order to ensure economic security, growth through the most effective use of existing internal and external factors. The institutional influence of the state in order to improve the economic security of regions and enterprises occurs palliatively when the business of the region is supported in direct (subsidies, and more often indirectly (compliance with the laws and regulations of the Russian Federation and the region on the principles of institutional and market synergies. Adaptation of enterprises in the region to the market is difficult, when specific socio-organizational, economic, technical and technological, scientific, information activities in their interrelations function in the field of Russian laws. The search for ways to improve the economic security of the Russian Federation, regions and enterprises takes place in the context of global integration through the improvement of the mechanism of state regulation. An important task of the current stage of economic security of the country and regions is the construction of a system of its institutional organization that would be able to balance the levers of government with the opportunities of private enterprises, provide a quality level of providing the business with protection from terrorism, predation, financial risks, legal competition and.

Economic impacts of climate change in the U.S

International Nuclear Information System (INIS)

Neumann, J.

1997-01-01

Results of a long-term research project funded by EPRI to study the economic impacts of climate change in the U.S. were described. In 1992, Industrial Economics Inc., began an assessment of the impact of climate change in key natural resource sectors. A wide range of uniform climate scenarios were used to assess sensitivity across different temperature and precipitation gradients. Estimates were developed for the 2060 economy, using dynamic models to understand what was happening along the transient. It was projected that the greatest impact of climate change would be on the agricultural sector because of projected gains in productivity, mainly due to increased precipitation. Similar scenarios were developed for the economic impact of climate change on timber and coastal structures, including the loss of value of coastal property. Key limitations of the study, and future directions in research (e.g. extending the study to health and non-market impacts, including other developed and developing countries) were also outlined

The Impact of Social Media on Economic Growth

OpenAIRE

Dell'Anno, Roberto; Rayna, Thierry; Solomon, O. Helen

2015-01-01

The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link. This article attempts to investigate the impact of social media (SM) on economic growth. Using information obtained from memberships to social networks, we find that SM has a negative and significant impact on economic growth. This provides evidence in favour of our hypothesis that SM increases the search costs for information and also increase...

The socio-economic impact of the Tsitsikamma National Park / S. Oberholzer.

OpenAIRE

Oberholzer, Susan

2010-01-01

The primary objective of this study was to determine the socio-economic impact of the Tsitsikamma National Park. Secondly, to determine the relationship between the community's level of interest in the Tsitsikamma National Park (TNP) and their perceptions concerning the environmental, economic and social impacts of the TNP. By conducting a literature study, the first objective was achieved. The following tourism impacts were identified: environmental, economic and social. These...

Economic value of U.S. fossil fuel electricity health impacts.

Science.gov (United States)

Machol, Ben; Rizk, Sarah

2013-02-01

Fossil fuel energy has several externalities not accounted for in the retail price, including associated adverse human health impacts, future costs from climate change, and other environmental damages. Here, we quantify the economic value of health impacts associated with PM(2.5) and PM(2.5) precursors (NO(x) and SO(2)) on a per kilowatt hour basis. We provide figures based on state electricity profiles, national averages and fossil fuel type. We find that the economic value of improved human health associated with avoiding emissions from fossil fuel electricity in the United States ranges from a low of $0.005-$0.013/kWh in California to a high of $0.41-$1.01/kWh in Maryland. When accounting for the adverse health impacts of imported electricity, the California figure increases to $0.03-$0.07/kWh. Nationally, the average economic value of health impacts associated with fossil fuel usage is $0.14-$0.35/kWh. For coal, oil, and natural gas, respectively, associated economic values of health impacts are $0.19-$0.45/kWh, $0.08-$0.19/kWh, and $0.01-$0.02/kWh. For coal and oil, these costs are larger than the typical retail price of electricity, demonstrating the magnitude of the externality. When the economic value of health impacts resulting from air emissions is considered, our analysis suggests that on average, U.S. consumers of electricity should be willing to pay $0.24-$0.45/kWh for alternatives such as energy efficiency investments or emission-free renewable sources that avoid fossil fuel combustion. The economic value of health impacts is approximately an order of magnitude larger than estimates of the social cost of carbon for fossil fuel electricity. In total, we estimate that the economic value of health impacts from fossil fuel electricity in the United States is $361.7-886.5 billion annually, representing 2.5-6.0% of the national GDP. Published by Elsevier Ltd.

The Economic Impact of Weight Regain

OpenAIRE

Sheppard, Caroline E.; Lester, Erica L. W.; Chuck, Anderson W.; Birch, Daniel W.; Karmali, Shahzeer; de Gara, Christopher J.

2013-01-01

Background. Obesity is well known for being associated with significant economic repercussions. Bariatric surgery is the only evidence-based solution to this problem as well as a cost-effective method of addressing the concern. Numerous authors have calculated the cost effectiveness and cost savings of bariatric surgery; however, to date the economic impact of weight regain as a component of overall cost has not been addressed. Methods. The literature search was conducted to elucidate the dir...

Socio-economic Impact of Sethusamudram Project

OpenAIRE

Kannan, Srinivasan

2007-01-01

Any major development project has both benefits and disadvantages to the society. Many development projects have very high economic benefit and at the same time lead to environmental hazard. One such project is Sethudamudram project initiated by Government of India. This is a project which aims at minimising the distance of navigation for the goods transport in the sea. This paper is an attempt to study the socio-economic impact of the project based on the secondary data.

Socio-economic impacts - an overview based on coal mining projects

International Nuclear Information System (INIS)

Singh, V.K.

1994-01-01

Socio-economic impacts of coal projects have assumed importance as new projects are affecting tribal/underdeveloped areas. The paper highlights the impacts on land uses and on life and culture of the habitats. It assesses socio-economic impacts and furnishes financial implications of rehabilitation. Some suggestions have also been given to neutralize the stresses developed due to development of coal fields

Managing Air Quality - Human Health, Environmental and Economic Assessments

Science.gov (United States)

Human health and environmental assessments characterize health and environmental risks associated with exposure to pollution. Economic assessments evaluate the cost and economic impact of a policy or regulation & can estimate economic benefits.

Economic effect of fusion in energy market. Economic impact of fusion deployment in energy market

International Nuclear Information System (INIS)

Konishi, Satoshi

2002-01-01

Energy model analysis estimates the significant contribution of fusion in the latter half of the century under the global environment constraints if it will be successfully developed and introduced into the market. The total possible economical impact of fusion is investigated from the aspect of energy cost savings, sales, and its effects on Gross Domestic Products. Considerable economical possibility will be found in the markets for fusion related devices, of currently developing countries, and for synthesized fuel. The value of fusion development could be evaluated from these possible economic impact in comparison with its necessary investment. (author)

Economic impacts of geothermal development in Skamania County, Washington

International Nuclear Information System (INIS)

Lesser, J.A.

1992-07-01

This report estimates the local economic impacts that could be anticipated from the development of a 100 megawatt (MW) geothermal power plant in eastern Skamania County, Washington, near Mt. Adams, as shown in Figure 1. The study was commissioned by the Bonneville Power Administration to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council. Skamania County was chosen due to both identified geothermal resources and developer interest. The analysis will focus on two phases: a plant construction phase, including well field development, generating plant construction, and transmission line construction; and an operations phase. Economic impacts will occur to the extent that construction and operations affect the local economy. These impacts will depend on the existing structure of the Skamania County economy and estimates of revenues that may accrue to the county as a result of plant construction, operation, and maintenance. Specific impacts may include additional direct employment at the plant, secondary impacts from wage payments being used to purchase locally produced goods and services, and impacts due to expenditures of royalty and tax payments received by the county. The basis for the analysis of economic impacts in this study is the US Forest Service IMPLAN input-output modeling system

Economic impacts of geothermal development in Whatcom County, Washington

International Nuclear Information System (INIS)

Lesser, J.A.

1992-07-01

This report estimates the local economic impacts that could be anticipated from the development of a 100 megawatt (MW) geothermal power plant in eastern Whatcom County, Washington, near Mt. Baker, as shown in Figure 1. The study was commissioned by the Bonneville Power Administration to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council. Whatcom County was chosen due to both identified geotherrnal resources and developer interest. The analysis will focus on two phases: a plant construction phase, including well field development, generating plant construction, and transmission line construction; and an operations phase. Economic impacts will occur to the extent that construction and operations affect the local economy. These impacts will depend on the existing structure of the Whatcom County economy and estimates of revenues that may accrue to the county as a result of plant construction, operation, and maintenance. Specific impacts may include additional direct employment at the plant, secondary impacts from wage payments being used to purchase locally produced goods and services, and impacts due to expenditures of royalty and tax payments received by the county. The basis for the analysis of economic impacts in this study is the US Forest Service IMPLAN input-output modeling system

Global Economic Impact of Dental Diseases.

Science.gov (United States)

Listl, S; Galloway, J; Mossey, P A; Marcenes, W

2015-10-01

Reporting the economic burden of oral diseases is important to evaluate the societal relevance of preventing and addressing oral diseases. In addition to treatment costs, there are indirect costs to consider, mainly in terms of productivity losses due to absenteeism from work. The purpose of the present study was to estimate the direct and indirect costs of dental diseases worldwide to approximate the global economic impact. Estimation of direct treatment costs was based on a systematic approach. For estimation of indirect costs, an approach suggested by the World Health Organization's Commission on Macroeconomics and Health was employed, which factored in 2010 values of gross domestic product per capita as provided by the International Monetary Fund and oral burden of disease estimates from the 2010 Global Burden of Disease Study. Direct treatment costs due to dental diseases worldwide were estimated at US$298 billion yearly, corresponding to an average of 4.6% of global health expenditure. Indirect costs due to dental diseases worldwide amounted to US$144 billion yearly, corresponding to economic losses within the range of the 10 most frequent global causes of death. Within the limitations of currently available data sources and methodologies, these findings suggest that the global economic impact of dental diseases amounted to US$442 billion in 2010. Improvements in population oral health may imply substantial economic benefits not only in terms of reduced treatment costs but also because of fewer productivity losses in the labor market. © International & American Associations for Dental Research 2015.

Economic impacts of deforestation in Europe

International Nuclear Information System (INIS)

Zoboli, R.

1992-01-01

Assessments of the economic impacts of the deterioration of European forests are being made from two points of view - the marketing of wood products and the potential economic benefits which can possibly be derived from a healthy environment. This article considers the principal results of these studies and evaluates their limitations and usefulness. In reviewing some scientific aspects of current debate on the probable causes of deforestation, as well as, in examining government efforts towards air pollution abatement, the article makes reference to tabled data on deforestation in Europe. Overall, the results of economic impacts studies based on the use of simulation models indicate a significant reduction in local supplies to the European wood products industry thus resulting in a dramatic drop in world market share and consequent market instability. Economic losses due to the inability to capitalize on healthy forests are valued in the order of billions of dollars per year in terms of the loss of business in the wood products and commercial-recreational sectors. While pointing out the uncertainties involved in the formulation of these assessments, the article also suggests how their results can constitute useful guidelines in cost benefit analyses of proposed government interventions. A discussion is made of the efficacy of some of these interventions now being considered aimed at reforestation and air pollution abatement

The Economic and Social Impact of Tourism

OpenAIRE

Arroyo, Gloria M; San Buenaventura, Mariano

1983-01-01

This paper analyzes the economic and social impact of tourism in Pagsanjan in which tourism development project is located. Results show that the project’s various significant impacts include increases in employment and income and stimulation of political and women’s participation. While its impact on environment and on the people’s social life has been a mixture of positive and negative results, its impact on income distribution has been trifling. To maximize the tourism multiplier, the pape...

State and local economic impacts from wind energy projects: Texas case study

International Nuclear Information System (INIS)

Slattery, Michael C.; Lantz, Eric; Johnson, Becky L.

2011-01-01

This paper uses the Jobs and Economic Development Impacts (JEDI) model to estimate economic impacts from 1398 MW of wind power development in four counties in west Texas. Project-specific impacts are estimated at the local level (i.e., within a 100-mile radius around the wind farms) and at the state level. The primary economic policy question addressed is how investment in wind energy affects the state and local communities where the wind farms are built. During the four-year construction phase approximately 4100 FTE (full time equivalents) jobs were supported with turbine and supply chain impacts accounting for 58% of all jobs generated. Total lifetime economic activity to the state from the projects equated to more than $1.8 billion, or $1.3 million per MW of installed capacity. The total economic activity to the local communities was also substantial, equating to nearly $730 million over the assumed 20-year life cycle of the farms, or $0.52 million per MW of installed capacity. Given the current level of impacts observed, and the potential for increased impacts via greater utilization of instate manufacturing capacity and the development of trained wind industry specific laborers, Texas appears to be well positioned to see increasing impacts from continued wind development. - Highlights: ► We use the JEDI model to assess economic impacts from wind development in west Texas. ► Total lifetime economic impact from 1398 MW wind equated to more than $1.8 billion. ► Texas is well positioned to see increasing impacts from continued wind development.

Analyzing socio-economic impacts of tourism : Case of Lumbini region- Nepal

OpenAIRE

K.C., Shambhu; Gewali, Jhabindra

2014-01-01

The first objective of this Thesis is to identify, select, and analyze the socio- economic impacts of faith tourism in Lumbini region. The second objective is to present the impacts in context of changing business environment. And the last objective is to develop strategies for economic progress in a society. In this research work previous reports, theses, literatures and reviews were studied to get an idea about the socio-economic impacts of faith tourism in Lumbini region. In addition,...

Economic impact of refugees.

Science.gov (United States)

Taylor, J Edward; Filipski, Mateusz J; Alloush, Mohamad; Gupta, Anubhab; Rojas Valdes, Ruben Irvin; Gonzalez-Estrada, Ernesto

2016-07-05

In 2015, the United Nations High Commission for Refugees accommodated over 15 million refugees, mostly in refugee camps in developing countries. The World Food Program provided these refugees with food aid, in cash or in kind. Refugees' impacts on host countries are controversial and little understood. This unique study analyzes the economic impacts of refugees on host-country economies within a 10-km radius of three Congolese refugee camps in Rwanda. Simulations using Monte Carlo methods reveal that cash aid to refugees creates significant positive income spillovers to host-country businesses and households. An additional adult refugee receiving cash aid increases annual real income in the local economy by $205 to $253, significantly more than the $120-$126 in aid each refugee receives. Trade between the local economy and the rest of Rwanda increases by $49 to $55. The impacts are lower for in-kind food aid, a finding relevant to development aid generally.

Economic and environmental impacts of alternative transportation technologies.

Science.gov (United States)

2013-04-01

This project has focused on comparing alternative transportation technologies in terms of their : environmental and economic impacts. The research is data-driven and quantitative, and examines the : dynamics of impact. We have developed new theory an...

Sandia National Laboratories: News: Economic Impact

Science.gov (United States)

Locations Contact Us Employee Locator Search Menu About Leadership Mission Social Media Community Involvement Leadership Mission Environmental Responsibility History Diversity Social Media Careers View All Small Business Assistance Program Sandia's Economic Impact Sandia Science & Technology Park © 2018

Measuring the socio-economic impacts of agroforestry projects in the Philippines

Science.gov (United States)

Evan Mercer; Belita Vega; Hermie Francisco; Robin Maille

1994-01-01

Conventional wisdom suggests that agroforestry projects can provide both ecological and economic benefits. Most agroforestry project evaluations, however, have failed to adequately assess the soci0-economic impacts. For example, a review of 108 agroforestry project impact evaluations by Sara Scherr of IFPRJ reported that only 8% assessed economic costs or benefits, 5%...

Economic impacts of hurricanes on forest owners

Science.gov (United States)

Jeffrey P. Prestemon; Thomas P. Holmes

2010-01-01

We present a conceptual model of the economic impacts of hurricanes on timber producers and consumers, offer a framework indicating how welfare impacts can be estimated using econometric estimates of timber price dynamics, and illustrate the advantages of using a welfare theoretic model, which includes (1) welfare estimates that are consistent with neo-classical...

The Socio‑economic Impact of Stroke on Households in Livingstone ...

African Journals Online (AJOL)

The Socio‑economic Impact of Stroke on Households in Livingstone District, Zambia: A Cross‑sectional Study. ... Annals of Medical and Health Sciences Research ... socio‑economic burden of the disease in terms of its impacts on the individual, family and community both directly and indirectly in Sub‑Sahara Africa region ...

The impact of microfinance institution in economic growth of a ...

African Journals Online (AJOL)

The findings of the study show that microfinance loans have a significant positive impact on the short run economic performance in Nigeria. Microfinance loans enhanced consumption per capita in short run with an impressive coefficient, although these banks' loans do not have a significant impact on economic growth in ...

Self-Regulation and Economic Stress in Children of Hispanic Immigrants and Their Peers: Better Regulation at a Cost?

Science.gov (United States)

McFadyen-Ketchum, Lisa Schlueter; Hurwich-Reiss, Eliana; Stiles, Allison A.; Mendoza, Marina M.; Badanes, Lisa S.; Dmitrieva, Julia; Watamura, Sarah Enos

2016-01-01

Research Findings: Although there is a well-established relationship between economic stress and children's self-regulation, few studies have examined this relationship in children of Hispanic immigrants (COHIs), a rapidly growing population. In a sample of preschool children (N = 165), we examined whether economic stress predicted teacher…

Socio-economic impact assessment and community engagement to reduce conflict over mine operations

Energy Technology Data Exchange (ETDEWEB)

John Rolfe; Stewart Lockie [Central Queensland University, Qld. (Australia)

2007-09-15

The broad aim of this project was to assist coal mining companies develop effective processes for engaging with their communities and developing impact assessment and planning processes that can be agreed by their stakeholders. The range of project outcomes have been summarised in a series of reports, as follows. Report 1. Overview of social and economic issues associated with the Bowen Basin coal industry; Report 2. A review of environmental impact assessments (EIA) for coal mine developments and the use of economic and social impact assessment in the Bowen Basin - tools and trends; Report 3. Accounting for social and economic impacts in annual sustainability reporting; Report 4. Regional Economic impact assessment: an overview of the input-output methods; Report 5. The impact of coal industry development projects on the Central Highlands, Fitzroy and Queensland economies: An application of input-output method; Report 6. Regional Economic impact assessment: factors influencing workforce mobility to regional mining towns; Report 7. Social and economic impacts associated with changes in the coal mining industry in the Bowen Basin on the township of Blackwater; Report 8. Social and economic impacts associated with changes in the coal mining industry in the Bowen Basin on the Bauhinia Shire (Springsure and Rolleston); Report 9. Results of the extended stakeholder analysis (Blackwater); Report 10. Results of the extended stakeholder analysis (the Bauhinia Shire); and Report 11. Summary and Recommendations. This report includes a number of summary findings about the social and economic impacts of coal mining on the communities in the Bowen Basin. The approaches used are outlined and briefly discussed.

Economic and environmental impacts of community-based residential building energy efficiency investment

International Nuclear Information System (INIS)

Choi, Jun-Ki; Morrison, Drew; Hallinan, Kevin P.; Brecha, Robert J.

2014-01-01

A systematic framework for evaluating the local economic and environmental impacts of investment in building energy efficiency is developed. Historical residential building energy data, community-wide economic input–output data, and emission intensity data are utilized. The aim of this study is to show the comprehensive insights and connection among achieving variable target reductions for a residential building energy use, economic and environmental impacts. Central to this approach for the building energy reduction goal is the creation of individual energy models for each building based upon historical energy data and available building data. From these models, savings estimates and cost implications can be estimated for various conservation measures. A ‘worst to first’ (WF) energy efficient investment strategy is adopted to optimize the level of various direct, indirect, and induced economic impacts on the local community. This evaluation helps to illumine opportunities to establish specific energy reduction targets having greatest economic impact in the community. From an environmental perspective, short term economy-wide CO 2 emissions increase because of the increased community-wide economic activities spurred by the production and installation of energy efficiency measures, however the resulting energy savings provide continuous CO 2 reduction for various target savings. - Highlights: • WF energy efficient strategy helps to optimize various level of economic impacts. • Greatest community benefits are achieved from specific energy reduction targets. • Community-wide economic impacts vary for different energy conservation measures

The Economic Impact of Coal Mining in New Mexico

Energy Technology Data Exchange (ETDEWEB)

Peach, James; Starbuck, C.

2009-06-01

The economic impact of coal mining in New Mexico is examined in this report. The analysis is based on economic multipliers derived from an input-output model of the New Mexico economy. The direct, indirect, and induced impacts of coal mining in New Mexico are presented in terms of output, value added, employment, and labor income for calendar year 2007. Tax, rental, and royalty income to the State of New Mexico are also presented. Historical coal production, reserves, and price data are also presented and discussed. The impacts of coal-fired electricity generation will be examined in a separate report.

Consciousness towards Socio-Economic Impact Propensity: The Langkawi Island

Directory of Open Access Journals (Sweden)

A. Khadar Nur Zafirah

2014-01-01

Full Text Available This study evaluates the socio-economic impact of tourism development on the tourist perceptions in Oriental Village, Langkawi Island. Socio-economic impacts are the consequences of either the tourism industry development or the presence of tourists in a particular destination, which resulted from the host-tourist relationship. Data for this research was generated using quantitative techniques and divided into 3 parts of instruments. Part A includes the demographic profile of respondents, Part B contains perceptions and opinions in economic and social impatcs and the last part was Part C where consists tourism utility assessment in social, economy and transportation. Simple frequency of mean and paired sample -test analysis were used to analyse the data generated for the study. The findings of the analysis proved that tourism development had a significant effect on the socio-economic impact and on the tourists’ perceptions in Oriental Village, Langkawi Island. In addition, it is viewed that public participation must be encouraged by tourism developers and planners to ensure the sustainability of tourism development in the community. Thus, this paper aims to give emphasis on the establishment of standard social guidelines within the tourism development framework for the purpose of preserving and protecting the social and economic values.

Economic Impact Assessment of Alternative Climate Policy Strategies

International Nuclear Information System (INIS)

Kemfert, C.

2001-10-01

This paper investigates the world economic implications of climate change policy strategies, especially the evaluation of impacts by an implementation of Clean Development Mechanisms, Joint Implementation and Emissions trading with a world integrated assessment model. Of special interest in this context are the welfare spill over and competitiveness effects that result from diverse climate policy strategies. In particular, this study elaborates and compares multi gas policy strategies and explores the impacts of the inclusion of sinks. Because of the recent decision of an isolated climate policy strategy by the United States of America, we examine the economic impacts of all world regions by a non cooperative and free rider position of the USA. It turns out that Clean Development Mechanisms and Joint Implementation show evidence of improvement in the economic development in the host countries and increase the share of new applied technologies. The decomposition of welfare effects demonstrates that the competitiveness effect including the spill over effects from trade have the strongest importance because of the intense trade relations between countries. Climatic effects have a significant impact within the next 50 years, cause considerable welfare losses to world regions and will intensify if some highly responsible nations like the USA do not reduce their emissions

The economic impact of workplace wellness programmes in Canada.

Science.gov (United States)

Jacobs, J C; Yaquian, E; Burke, S M; Rouse, M; Zaric, G

2017-08-01

The economic benefits of workplace wellness programmes (WWPs) are commonly cited as a reason for employers to implement such programmes; however, there is limited evidence outside of the US context exploring their economic impact. US evidence is less relevant in countries such as Canada with universal publicly funded health systems because of the lower potential employer savings from WWPs. To conduct a systematic review of the Canadian literature investigating the economic impact of WWPs from an employer perspective. The quality of that evidence was also assessed. We reviewed literature which included analyses of four economic outcomes: return on investment calculations; cost-effectiveness or cost-benefit analyses; valuations of productivity, turnover, absenteeism and/or presenteeism costs; and valuations of health care utilization costs. We applied the British Medical Journal (BMJ) Economic Evaluation Working Party Checklist to evaluate the quality of this evidence. Eight studies met the inclusion criteria. Although the studies showed that WWPs generated economic benefits from an employer perspective (largely from productivity changes), none of the reviewed studies were in the high-quality category (i.e. fulfilled at least 75% of the checklist criteria) and most had severe methodological issues. Though the Canadian literature pertaining to the economic impact of WWPs spans over three decades, robust evidence on this topic remains sparse. Future research should include a comparable control group, a time horizon of over a year, both direct and indirect costs, and researchers should apply analytical techniques that account for potential selection bias. Published by Oxford University Press on behalf of The Society of Occupational Medicine 2017.

JEDI: Jobs and Economic Development Impact Model; NREL (National Renewable Energy Laboratory)

Energy Technology Data Exchange (ETDEWEB)

None

2015-08-01

The Jobs and Economic Development Impact (JEDI) models are user-friendly tools that estimate the economic impacts of constructing and operating power generation and biofuel plants at the local (usually state) level. First developed by NREL’s researchers to model wind energy jobs and impacts, JEDI has been expanded to also estimate the economic impacts of biofuels, coal, conventional hydro, concentrating solar power, geothermal, marine and hydrokinetic power, natural gas, photovoltaics, and transmission lines. This fact sheet focuses on JEDI for wind energy projects.

Impact of Globalisation On Economic Growth in Romania: An Empirical Analysis of Its Economic, Social and Political Dimensions

Directory of Open Access Journals (Sweden)

Olimpia Neagu

2017-04-01

Full Text Available The paper analyses the link between globalisation and economic growth in Romania for a time span of 24 years. Data from World Bank were used in an econometrical model in order to highlight the impact of globalisation, expressed by the KOF globalisation index and its components (economic, social and political globalisation indices on economic growth rate. A statistical strong and positive link is found between GDP per capita dynamics and overall globalisation index as well as between GDP growth rate and economic and political globalisation, except the social dimension of globalisation which has a negative impact on economic growth in Romania for the time span 1990-2013.

The economic and poverty impacts of animal diseases in developing countries: new roles, new demands for economics and epidemiology.

Science.gov (United States)

Rich, Karl M; Perry, Brian D

2011-09-01

Animal disease outbreaks pose significant threats to livestock sectors throughout the world, both from the standpoint of the economic impacts of the disease itself and the measures taken to mitigate the risk of disease introduction. These impacts are multidimensional and not always well understood, complicating effective policy response. In the developing world, livestock diseases have broader, more nuanced effects on markets, poverty, and livelihoods, given the diversity of uses of livestock and complexity of livestock value chains. In both settings, disease control strategies, particularly those informed by ex ante modeling platforms, often fail to recognize the constraints inherent among farmers, veterinary services, and other value chain actors. In short, context matters. Correspondingly, an important gap in the animal health economics literature is the explicit incorporation of behavior and incentives in impact analyses that highlight the interactions of disease with its socio-economic and institutional setting. In this paper, we examine new approaches and frameworks for the analysis of economic and poverty impacts of animal diseases. We propose greater utilization of "bottom-up" analyses, highlighting the strengths and weaknesses of value chain and information economics approaches in impact analyses and stressing the importance of improved integration between the epidemiology of disease and its relationships with economic behavior. Copyright © 2010 Elsevier B.V. All rights reserved.

The economic impact of the Volksblad Arts Festival

Directory of Open Access Journals (Sweden)

A. J. Strydom

2006-12-01

Full Text Available Purpose: Arts festivals, as a form of event tourism, are becoming more and more popular in South Africa with new festivals developing annually. The Volksblad Arts Festival in Bloemfontein celebrated its fifth anniversary in 2005. The purpose of this paper is to indicate the economic impact of the annual Volksblad Arts Festival on the local economy of Bloemfontein. Results are also compared with research done at other popular festivals in South Africa. Design/Methodology/Approach: The main thrust of the paper is to determine the economic impact of the Volksblad Arts Festival in Bloemfontein. More than 400 visitor questionnaires and 72 business questionnaires were administered and successfully completed during the festival that took place from 12-17 July 2005. Findings: The results show that this festival generates R18 405 653. If one compares it to festivals such as the KKNK in Oudtshoorn, the National Arts Festival in Grahamstown and even Aardklop held in Potchefstroom, it is evident that Volksblad is a smaller festival and it is therefore also expected that the economic impact of the festival should be less. Implications: This paper presents a comprehensive approach to understanding the measurement of the economic impact of a festival like the Volksblad Arts Festival. It provides tourism managers of Bloemfontein with an indication of the potential of event tourism as a source of income for the city. It also indicates the need for more extensive marketing in order to increase the percentage of non-local visitors to the particular festival. Originality/Value: Bloemfontein is increasingly regarded as an event tourism destination rather than an end destination for leisure tourists. This research represents an original attempt to indicate the potential impact of events to the tourism managers of Bloemfontein as well as other destinations with similar interests.

Social and economic impacts of climate.

Science.gov (United States)

Carleton, Tamma A; Hsiang, Solomon M

2016-09-09

For centuries, thinkers have considered whether and how climatic conditions-such as temperature, rainfall, and violent storms-influence the nature of societies and the performance of economies. A multidisciplinary renaissance of quantitative empirical research is illuminating important linkages in the coupled climate-human system. We highlight key methodological innovations and results describing effects of climate on health, economics, conflict, migration, and demographics. Because of persistent "adaptation gaps," current climate conditions continue to play a substantial role in shaping modern society, and future climate changes will likely have additional impact. For example, we compute that temperature depresses current U.S. maize yields by ~48%, warming since 1980 elevated conflict risk in Africa by ~11%, and future warming may slow global economic growth rates by ~0.28 percentage points per year. In general, we estimate that the economic and social burden of current climates tends to be comparable in magnitude to the additional projected impact caused by future anthropogenic climate changes. Overall, findings from this literature point to climate as an important influence on the historical evolution of the global economy, they should inform how we respond to modern climatic conditions, and they can guide how we predict the consequences of future climate changes. Copyright © 2016, American Association for the Advancement of Science.

Evolutionary modelling of the macro-economic impacts of catastrophic flood events

NARCIS (Netherlands)

Safarzynska, K.E.; Brouwer, R.; Hofkes, M.

2013-01-01

This paper examines the possible contribution of evolutionary economics to macro-economic modelling of flood impacts to provide guidance for future economic risk modelling. Most macro-economic models start from a neoclassical economic perspective and focus on equilibrium outcomes, either in a static

The economic impact of east–west migration on the European Union

Czech Academy of Sciences Publication Activity Database

Kahanec, M.; Pytliková, Mariola

2017-01-01

Roč. 44, č. 3 (2017), s. 407-434 ISSN 0340-8744 Institutional support: Progres-Q24 Keywords : EU enlargement * free mobility of workers * migration impacts Subject RIV: AH - Economics OBOR OECD: Applied Economics, Econometrics Impact factor: 0.658, year: 2016

Economics of oil regulation and the Brazilian reform. Some issues

International Nuclear Information System (INIS)

Hernandez-Perez, Adriana

2011-01-01

This paper reviews the economic fundamentals for regulation in the oil industry, with a focus on the current regulatory proposal for the Brazilian oil industry. The observed exploration and production (E and P) contracts foresee much of the characteristics of the optimal contract, with a remuneration structure that combines upfront with future payments to mitigate uncertainty and incentivize exploratory efforts. In Brazil, despite slow market deconcentration since 1997's liberalization, the current oil regulation is in general consistent with an optimal regulatory response. From an economic standpoint, the 2009's new regulatory proposal prompted by the major oil discoveries offshore in Brazil reduces the power of incentive schemes with respect to exploratory and cost-reducing efforts while the changes in the net risk of the E and P offshore activities are not so clear. (author)

Spatialization of the impacts of the economic regulation of the greenhouse in the agricultural sector; Spatialisation des impacts de la regulation economique de l'effet de serre d'origine agricole

Energy Technology Data Exchange (ETDEWEB)

Jayet, P.A

2004-02-15

This report addresses the issue of the spatialization of the impacts of greenhouse gas mitigation policies in the agricultural sector. Generally speaking, the objective is to reach a compromise between large-scale macro-economic modelling approaches - which often overlook the spatial variability of emissions and abatement costs - and field-scale biophysical modelling approaches. The studies carried out in the course of this project rely for the most part on a supply-side oriented economic model of the EU agriculture based on micro-economic concepts, mathematical programming and optimization. The analysis of spatial implications of GHG mitigation polices relies on the use of Geographic Information Systems (GIS), which allows for spatial integration of the results provided by the economic model. We first carry out a comprehensive assessment of the emission sources of methane and nitrous oxide for the EU agriculture at a regional scale (FADN regions, scale at which data that feed the economic model are available). The abatement supply from the agricultural sector is derived from this assessment by simulating the impact of a first-best instrument (namely an emission tax). We therefore estimate the marginal abatement cost curves for all sources and at the farm-type level. The heterogeneity of abatement costs is discussed both at the regional scale (spatially defined) and at the farm-type level (non spatially-defined). Our results show that the spatial heterogeneity of abatement costs is of crucial importance in the design of GHG mitigation policies. The greater is the heterogeneity of abatement costs, the larger is the efficiency loss associated with non incentive-based instruments. We estimate this efficiency loss in the case of uniform quotas. Down-scaling the economic and environmental results from the FADN-region scale to a finer scale requires the linking of the simulation results with geo-referenced databases and GIS tools. This has been carried out for a test

Expansion of environmental impact assessment for eco-efficiency evaluation of China's economic sectors: An economic input-output based frontier approach.

Science.gov (United States)

Xing, Zhencheng; Wang, Jigan; Zhang, Jie

2018-09-01

Due to the increasing environmental burdens caused by dramatic economic expansion, eco-efficiency indicating how efficient the economic activity is with respect to its environmental impacts has become a topic of considerable interest in China. In this context, Economic Input-output Life Cycle Assessment (EIO-LCA) and Data Envelopment Analysis (DEA) are combined to assess the environmental impacts and eco-efficiency of China's 26 economic sectors. The EIO-LCA results indicate that Electricity Production and Supply sector is the largest net exporter in energy usage, CO 2 emission and exhaust emission categories, while Construction sector is the largest net importer for five impact categories except for water withdrawal. Moreover, Construction sector is found to be the destination of the largest sector-to-sector environmental impact flows for the five impact categories and make the most contributions to the total environmental impacts. Another key finding is that Agriculture sector is both the largest net exporter and the greatest contributor for water withdrawal category. DEA results indicate that seven sectors are eco-efficient while over 70% of China's economic sectors are inefficient and require significant improvements. The average target improvements range between 23.30% and 35.06% depending on the impact category. Further sensitivity analysis reveals that the average sensitivity ratios vary from 7.7% to 15.7% among the six impact categories, which are found to be negatively correlated with their improvement potentials. Finally, several policy recommendations are made to mitigate environmental impacts of China's economic sectors and improve their eco-efficiency levels. Copyright © 2018 Elsevier B.V. All rights reserved.

Lobbying in the European union – regulation and public sector economics perspective

Directory of Open Access Journals (Sweden)

Daniela Dvořáková

2013-01-01

Full Text Available Lobbying has become an inseparable companion of the decision-making process and firms but also other social actors (non-governmental organizations, individuals, private and civil sector are forced to reflect this fact, if they want to promote their interests effectively and if they want to avoid regulation that would harm their interests. The paper analyses the regulation of lobbying in European institutions and focuses on two major institutions which are under pressure of the lobbyists, the European Commission and the European Parliament. The paper discusses and presents the both ways of regulation which occur in the European institutions- the concept of self-regulation and the binding Code of Conduct under the Rules of Procedure in the European Parliament.The paper contains also possible economic consequences of lobbying based on the Public Sector Economics perspective and the methodology of the principal-agent relationship.

Should Budapest Bid for the Olympics? - Measuring the Economic Impacts of Larger Sporting Events

OpenAIRE

Bruce L. Jaffee

2002-01-01

The article deals with both the general economic impact of large sporting events and the likely economic impact of having the Olympics held in Budapest. The author describes the general economic theory of economic impact and the spending patterns at major sporting events. He finds that a considerable part of the money spent in a community at the time of such an event cannot be viewed as “new money”that will stimulate the local economy. A large economic impact of such an event requires that it...

Economic impact profiling of CBRN events: focusing on biological incidents.

Science.gov (United States)

Cavallini, Simona; Bisogni, Fabio; Mastroianni, Marco

2014-12-01

Chemical, biological, radiological and nuclear (CBRN) incidents, both caused accidentally by human error or natural/technological events and determined intentionally as criminal/malicious/terroristic acts, have consequences that could be differently characterized. In the last years many efforts to analyze the economic impact of terrorist threat have been carried out, while researches specifically concerning CBRN events have not been extensively undertaken. This paper in particular aims at proposing a methodological approach for studying macro-level economic impact profiles of biological incidents caused by weaponized and non-weaponized materials. The suggested approach investigates the economic consequences of biological incidents according to two main dimensions: type of large-scale effect and persistence of effect. Biological incident economic impacts are analyzed taking into account the persistence of effect during time as short-term impact (i.e. immediately after the incident), medium-term impact (i.e. by a month) and long-term impact (i.e. by years). The costs due to preventive countermeasure against biological threats (e.g. prevention, protection and preparedness expenses) are not taken into account. To this purpose, information on the key features of past biological incidents can be used as case studies to try to build impact profiles taking into account the proposed two main dimensions. Consequence management and effect mitigation of CBRN emergencies and disasters may benefit from an ex ante definition of the impact profiling related to this kind of incidents. The final goal of this paper is to define an approach to organize information on possible biological events according to their impact profile for supporting more effective and efficient first responders' prompt actions and policy makers' strategic decisions after the event occurrence.

Economic impact of cystic echinococcosis in peru.

Science.gov (United States)

Moro, Pedro L; Budke, Christine M; Schantz, Peter M; Vasquez, Julio; Santivañez, Saul J; Villavicencio, Jaime

2011-05-01

Cystic echinococcosis (CE) constitutes an important public health problem in Peru. However, no studies have attempted to estimate the monetary and non-monetary impact of CE in Peruvian society. We used official and published sources of epidemiological and economic information to estimate direct and indirect costs associated with livestock production losses and human disease in addition to surgical CE-associated disability adjusted life years (DALYs) lost. The total estimated cost of human CE in Peru was U.S.$2,420,348 (95% CI:1,118,384-4,812,722) per year. Total estimated livestock-associated costs due to CE ranged from U.S.$196,681 (95% CI:141,641-251,629) if only direct losses (i.e., cattle and sheep liver destruction) were taken into consideration to U.S.$3,846,754 (95% CI:2,676,181-4,911,383) if additional production losses (liver condemnation, decreased carcass weight, wool losses, decreased milk production) were accounted for. An estimated 1,139 (95% CI: 861-1,489) DALYs were also lost due to surgical cases of CE. This preliminary and conservative assessment of the socio-economic impact of CE on Peru, which is based largely on official sources of information, very likely underestimates the true extent of the problem. Nevertheless, these estimates illustrate the negative economic impact of CE in Peru.

Economic impact of cystic echinococcosis in peru.

Directory of Open Access Journals (Sweden)

Pedro L Moro

2011-05-01

Full Text Available BACKGROUND: Cystic echinococcosis (CE constitutes an important public health problem in Peru. However, no studies have attempted to estimate the monetary and non-monetary impact of CE in Peruvian society. METHODS: We used official and published sources of epidemiological and economic information to estimate direct and indirect costs associated with livestock production losses and human disease in addition to surgical CE-associated disability adjusted life years (DALYs lost. FINDINGS: The total estimated cost of human CE in Peru was U.S.$2,420,348 (95% CI:1,118,384-4,812,722 per year. Total estimated livestock-associated costs due to CE ranged from U.S.$196,681 (95% CI:141,641-251,629 if only direct losses (i.e., cattle and sheep liver destruction were taken into consideration to U.S.$3,846,754 (95% CI:2,676,181-4,911,383 if additional production losses (liver condemnation, decreased carcass weight, wool losses, decreased milk production were accounted for. An estimated 1,139 (95% CI: 861-1,489 DALYs were also lost due to surgical cases of CE. CONCLUSIONS: This preliminary and conservative assessment of the socio-economic impact of CE on Peru, which is based largely on official sources of information, very likely underestimates the true extent of the problem. Nevertheless, these estimates illustrate the negative economic impact of CE in Peru.

Multi-basin, Multi-sector Drought Economic Impact Model in Python: Development and Applications

Science.gov (United States)

Gutenson, J. L.; Zhu, L.; Ernest, A. N. S.; Oubeidillah, A.; Bearden, B.; Johnson, T. G.

2015-12-01

Drought is one of the most economically disastrous natural hazards, one whose impacts are exacerbated by the lack of abrupt onset and offset that define tornados and hurricanes. In the United States, about 30 billion dollars losses is caused by drought in 2012, resulting in widespread economic impacts for societies, industries, agriculture, and recreation. And in California, the drought cost statewide economic losses about 2.2 billion, with a total loss of 17,100 seasonal and part-time jobs. Driven by a variety of factors including climate change, population growth, increased water demands, alteration to land cover, drought occurs widely all over the world. Drought economic consequence assessment tool are greatly needed to allow decision makers and stakeholders to anticipate and manage effectively. In this study, current drought economic impact modeling methods were reviewed. Most of these models only deal with the impact in the agricultural sector with a focus on a single basin; few of these models analyze long term impact. However, drought impacts are rarely restricted to basin boundaries, and cascading economic impacts are likely to be significant. A holistic approach to multi-basin, multi-sector drought economic impact assessment is needed.In this work, we developed a new model for drought economic impact assessment, Drought Economic Impact Model in Python (PyDEM). This model classified all business establishments into thirteen categories based on NAICS, and using a continuous dynamic social accounting matrix approach, coupled with calculation of the indirect consequences for the local and regional economies and the various resilience. In addition, Environmental Policy Integrated Climate model was combined for analyzing drought caused soil erosion together with agriculture production, and then the long term impacts of drought were achieved. A visible output of this model was presented in GIS. In this presentation, Choctawhatchee-Pea-Yellow River Basins, Alabama

The Impact of China on South American Political and Economic Development

DEFF Research Database (Denmark)

Christensen, Steen Fryba

2018-01-01

The analysis compares three typologies of South American countries in terms of the impact of China on their political and economic development.......The analysis compares three typologies of South American countries in terms of the impact of China on their political and economic development....

Impacts of new environmental and safety regulations on uranium mining, milling and waste management in China

International Nuclear Information System (INIS)

Wang Yongping; Zheng Yuhui; Shi Xiangjun

2001-01-01

Nuclear power progress has triggered the development and innovation of nuclear fuel industries in China. At present the Chinese government has put more emphasis on industrial readjustment and technical innovation in uranium mining and milling in order to fuel the nuclear power development, satisfy environmental protection and improve economic efficiency of the industry. The current organizations and approval procedure for establishing regulations and the implementation and consequences of the regulations, technical polices and development strategies concerning uranium mining, milling, treatment of waste ores and mill tailings, and reduction of the workers' suffered exposure dose etc. in China are discussed and the economic, health and environmental impacts of the uranium mining and metallurgy with reformation achievement and the introduction of advanced technologies such as the in-situ leaching and heap leaching mining technologies are assessed in this paper. (author)

Glastonbury Festival 2007: The Socio-Economic Impacts on the Host Community

OpenAIRE

Rose, Eleanor

2008-01-01

Event tourism, particularly festival tourism, is increasingly becoming a focus for tourism research. There are numerous impacts of festival tourism to the tourism industry and they often have numerous effects upon the host community. This research investigates the economic and social impacts of Glastonbury Festival 2007 on the host community. The research estimates a total economic impact on the immediate and the wider geographical area and gains an insight into the social impacts of the F...

Geothermal : Economic Impacts of Geothermal Development in Whatcom County, Washington.

Energy Technology Data Exchange (ETDEWEB)

Lesser, Jonathan A.

1992-07-01

This report estimates the local economic impacts that could be anticipated from the development of a 100 megawatt (MW) geothermal power plant in eastern Whatcom County, Washington, near Mt. Baker, as shown in Figure 1. The study was commissioned by the Bonneville Power Administration to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council. Whatcom County was chosen due to both identified geotherrnal resources and developer interest. The analysis will focus on two phases: a plant construction phase, including well field development, generating plant construction, and transmission line construction; and an operations phase. Economic impacts will occur to the extent that construction and operations affect the local economy. These impacts will depend on the existing structure of the Whatcom County economy and estimates of revenues that may accrue to the county as a result of plant construction, operation, and maintenance. Specific impacts may include additional direct employment at the plant, secondary impacts from wage payments being used to purchase locally produced goods and services, and impacts due to expenditures of royalty and tax payments received by the county. The basis for the analysis of economic impacts in this study is the US Forest Service IMPLAN input-output modeling system.

Emotions and Emotion Regulation in Economic Decision Making

OpenAIRE

Astor, Philipp J.

2013-01-01

By employing the methodology of experimental economics, the thesis examines the influence of emotions on decision making in electronic auction markets. Subjects' emotional processes are measured by psychophysiological indicators, helping to decipher the coherence of information, emotion (regulation) and decision making. Four chapters build the main body of the thesis and all are constructed similarly: introduction, design, method, results, limitations, theoretical and managerial implications.

Socio-economic impact of African swine fever outbreak of 2011 and ...

African Journals Online (AJOL)

With our findings we can conclude that ASF is still an important transboundary animal disease (TAD) with enormous socio-economic impact that requires concerted efforts of all stakeholders in the enforcement of control and preventive measures. Key words: African swine fever, socio-economic impact, seroprevalence, Isoka ...

Economics of oil regulation and the Brazilian reform. Some issues

Energy Technology Data Exchange (ETDEWEB)

Hernandez-Perez, Adriana [Center for Economics and Oil Studies, IBRE/Fundacao Getulio Vargas (Brazil)

2011-01-15

This paper reviews the economic fundamentals for regulation in the oil industry, with a focus on the current regulatory proposal for the Brazilian oil industry. The observed exploration and production (E and P) contracts foresee much of the characteristics of the optimal contract, with a remuneration structure that combines upfront with future payments to mitigate uncertainty and incentivize exploratory efforts. In Brazil, despite slow market deconcentration since 1997's liberalization, the current oil regulation is in general consistent with an optimal regulatory response. From an economic standpoint, the 2009's new regulatory proposal prompted by the major oil discoveries offshore in Brazil reduces the power of incentive schemes with respect to exploratory and cost-reducing efforts while the changes in the net risk of the E and P offshore activities are not so clear. (author)

Economic and socio-cultural impacts of Mainland Chinese tourists on Hong Kong residents

Directory of Open Access Journals (Sweden)

Manisa Piuchan

2018-01-01

Full Text Available The aim of this study was to investigate the economic and socio-cultural impacts from the burgeoning mainland Chinese tourists on Hong Kong residents. Ten individual, semi-structured interviews were conducted to collect Hong Kong residents' views. Content analysis was employed to analyze the data. The results showed that the socio-cultural aspects were reported negatively with regard to culture, shopping and dining, and transportation but conversely, it had a positive impact on education and infrastructure. The economic aspect showed that residents accepted and appreciated the economic benefits brought by the inflow of mainland Chinese tourists. The Hong Kong government should consider these impacts, and then provide better solutions for residents' lives and plans to cope with the upcoming scenario which might arise regarding Hong Kong's economic boom and more tourists traveling to Hong Kong. Recommendations are also suggested in this study for further development. Keywords: Chinese tourists, economic impacts, socio-cultural impacts, tourism impacts

Methodologies for assessing socio-economic impacts of climate change

International Nuclear Information System (INIS)

Smit, B.

1993-01-01

Much of the studies on climate change impacts have focused on physical and biological impacts, yet a knowledge of the social and economic impacts of climate change is likely to have a greater impact on the public and on policymakers. A conventional assessment of the impacts of climate change begins with scenarios of future climate, commonly derived from global climate models translated to a regional scale. Estimates of biophysical conditions provided by such scenarios provide a basis for analyses of human impacts, usually considered sector by sector. The scenario approach, although having considerable merit and appeal, has some noteworthy limitations. It encourages consideration of only a small set of scenarios, requires bold assumptions to be made about adjustments in human systems, provides little direct analysis of sensitivities of human social and economic systems to climate perturbations, and usually invokes the assumption that all factors other than climate are stable and have no synergistic effects on human systems. Conventional studies concentrate on average climate, yet climate is inherently variable. A common response to this situation is to propose further development of climate models, but this is not a sufficient or necessary condition for good and useful assessments of impacts on human activities. Different approaches to socioeconomic impact analysis are needed, and approaches should be considered that include identification of sensitivities in a social or ecological system, identification of critical threshold levels or critical speeds of change in variables, and exploration of alternative methodologies such as process studies, spatial and temporal analogues, and socio-economic systems modelling. 5 refs., 3 figs

78 FR 30920 - Economic Impact Policy

Science.gov (United States)

2013-05-23

... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $650 million long... Asian Markets including: China, Japan, Korea, and Taiwan. Interested parties may submit comments on this...

78 FR 37539 - Economic Impact Policy

Science.gov (United States)

2013-06-21

... the export of approximately $74 million in U.S. semiconductor manufacturing equipment to a dedicated foundry in China. The U.S. exports will enable the dedicated foundry to increase existing 300mm (non-DRAM... EXPORT-IMPORT BANK Economic Impact Policy This notice is to inform the public that the Export...

78 FR 34660 - Economic Impact Policy

Science.gov (United States)

2013-06-10

... guarantee to support the export of approximately $110.4 million worth of aluminum beverage cans and ends manufacturing equipment to China. The U.S. exports will enable the Chinese company to produce approximately 2.8... EXPORT-IMPORT BANK Economic Impact Policy This notice is to inform the public that the Export...

Regional economic impacts of nuclear power plants

International Nuclear Information System (INIS)

Isard, W.; Reiner, T.; Van Zele, R.; Stratham, J.

1976-08-01

This study of economic and social impacts of nuclear power facilities compares a nuclear energy center (NEC) consisting of three surrogate sites in Ocean County, New Jersey with nuclear facilities dispersed in the Pennsylvania - New Jersey - Maryland area. The NEC studied in this report is assumed to contain 20 reactors of 1200 MW(e) each, for a total NEC capacity of 24,000 MW(e). Following the Introductory chapter, Chapter II discusses briefly the methodological basis for estimating impacts. This part of the analysis only considers impacts of wages and salaries and not purchase of construction materials within the region. Chapters III and IV, respectively, set forth the scenarios of an NEC at each of three sites in Ocean County, N.J. and of a pattern of dispersed nuclear power plants of total equivalent generating capacity. In each case, the economic impacts (employment and income) are calculated, emphasizing the regional effects. In Chapter V these impacts are compared and some more general conclusions are reported. A more detailed analysis of the consequences of the construction of a nuclear power plant is given in Chapter VI. An interindustry (input-output) study, which uses rather finely disaggregated data to estimate the impacts of a prototype plant that might be constructed either as a component of the dispersed scenario or as part of an NEC, is given. Some concluding remarks are given in Chapter VII, and policy questions are emphasized

A review of the economic impact of mental illness.

Science.gov (United States)

Doran, Christopher M; Kinchin, Irina

2017-11-13

Objective To examine the impact and cost associated with mental illness. Methods A rapid review of the literature from Australia, New Zealand, UK and Canada was undertaken. The review included literature pertaining to the cost-of-illness and impact of mental illness as well as any modelling studies. Included studies were categorised according to impact on education, labour force engagement, earlier retirement or welfare dependency. The well-accepted Drummond 10-point economic appraisal checklist was used to assess the quality of the studies. Results A total of 45 methodologically diverse studies were included. The studies highlight the significant burden mental illness places on all facets of society, including individuals, families, workplaces and the wider economy. Mental illness results in a greater chance of leaving school early, a lower probability of gaining full-time employment and a reduced quality of life. Research from Canada suggests that the total economic costs associated with mental illness will increase six-fold over the next 30 years with costs likely to exceed A$2.8 trillion (based on 2015 Australian dollars). Conclusions Mental illness is associated with a high economic burden. Further research is required to develop a better understanding of the trajectory and burden of mental illness so that resources can be directed towards cost-effective interventions. What is known about the topic? Although mental illness continues to be one of the leading contributors to the burden of disease, there is limited information on the economic impact that mental illness imposes on individuals, families, workplaces and the wider economy. What does this paper add? This review provides a summary of the economic impact and cost of mental illness. The included literature highlights the significant burden mental illness places on individuals, families, workplaces, society and the economy in general. The review identified several areas for improvement. For example, only

Towards an integrated economic assessment of climate change impacts on agriculture

Science.gov (United States)

Lotze-Campen, H.; Piontek, F.; Stevanovic, M.; Popp, A.; Bauer, N.; Dietrich, J.; Mueller, C.; Schmitz, C.

2012-12-01

For a detailed understanding of the effects of climate change on global agricultural production systems, it is essential to consider the variability of climate change patterns as projected by General Circulation Models (GCMs), their bio-physical impact on crops and the response in land-use patterns and markets. So far, approaches that account for the interaction of bio-physical and economic impacts are largely lacking. We present an integrative analysis by using a soft-coupled system of a biophysical impact model (LPJmL, Bondeau et al. 2007), an economically driven land use model (MAgPIE, Lotze-Campen et al. 2008) and an integrated assessment model (ReMIND-R, Leimbach et al. 2010) to study climate change impacts and economic damages in the agricultural sector. First, the dynamic global vegetation and hydrology model LPJmL is used to derive climate change impacts on crop yields for wheat, maize, soy, rice and other major crops. A range of different climate projections is used, taken from the dataset provided by the Intersectoral Impact Model Intercomparison Project (ISI-MIP, www.isi-mip.org), which bias-corrected the latest CMIP5 climate data (Taylor et al. 2011). Crop yield impacts cover scenarios with and without CO2 fertilization as well as different Representative Concentration Pathways (RCPs) and different GCMs. With increasing temperature towards the end of the century yields generally decrease in tropical and subtropical regions, while they tend to benefit in higher latitudes. LPJmL results have been compared to other global crop models in the Agricultural Model Intercomparison and Improvement Project (AgMIP, www.agmip.org). Second, changes in crop yields are analysed with the spatially explicit agro-economic model MAgPIE, which covers their interaction with economic development and changes in food demand. Changes in prices as well as welfare changes of producer and consumer surplus are taken as economic indicators. Due to climate-change related reductions in

Economic Impact of Nuclear Power Plant in The Operational

International Nuclear Information System (INIS)

Sriyana

2004-01-01

Study on economic impact of nuclear power plant in the operational stage, in Madura has been conducted. The object of the study is SMART technology which is coupled with desalination installation. The power capacity is 2 x 100 M We and the water production capacity is 4 x 10,000 m 3 /day. This technology has been developed by Korea, but until recently there is no units in construction or operation. Input-Output analysis model is applied as the methodology of this study. Economic sector is aggregated from 56 x 56 to 10 x 10. This aggregation is meant to reduce the uncertainty in long term projection. This study conclude that : (1) In the operational stage SMART Nuclear Power Desalination will give an output to local economic about Rp 908.12 billion per year. (2) Electricity and water production will provide output direct impact to Madura about Rp. 1,234 trillion and will give direct impact to Regional Product Domestic Bruto (PDRB) about Rp. 138.7 billion. (3) Output impact to the electricity sector and fresh water sector is about 5.37% and 1.57% compared to PDRB 2018. (author)

The Impact of Depression on Social Economic Decision Making

NARCIS (Netherlands)

Harlé, K.M.; Allen, J.J.B.; Sanfey, A.G.

2010-01-01

Although the role of emotion in social economic decision making has been increasingly recognized, the impact of mood disorders, such as depression, on such decisions has been surprisingly neglected. To address this gap, 15 depressed and 23 nondepressed individuals completed a well-known economic

75 FR 28021 - Economic Impact Policy

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2010-05-19

... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $400 million long.... New Mexican production of ZSM will be sold in the U.S., Canada, Mexico, and Brazil. Interested parties...

76 FR 79679 - Economic Impact Policy

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2011-12-22

... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $74 million long..., locomotives and railcars to Canada. The U.S. exports will enable the Canadian mining company to increase...

77 FR 6563 - Economic Impact Policy

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2012-02-08

... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $1.74 billion loan... Australia. The U.S. exports will enable the Australian mining company to increase production by about 100...

76 FR 28225 - Economic Impact Policy

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2011-05-16

... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $47 million long... services to Australia. The U.S. exports will enable the Australian mining company to produce, on average...

The economic impact of east–west migration on the European Union

Czech Academy of Sciences Publication Activity Database

Kahanec, M.; Pytliková, Mariola

2017-01-01

Roč. 44, č. 3 (2017), s. 407-434 ISSN 0340-8744 R&D Projects: GA ČR GA15-24642S Institutional support: RVO:67985998 Keywords : EU enlargement * free mobility of workers * migration impacts Subject RIV: AH - Economics OBOR OECD: Applied Economics, Econometrics Impact factor: 0.658, year: 2016

Economic risk assessment of drought impacts on irrigated agriculture

Science.gov (United States)

Lopez-Nicolas, A.; Pulido-Velazquez, M.; Macian-Sorribes, H.

2017-07-01

In this paper we present an innovative framework for an economic risk analysis of drought impacts on irrigated agriculture. It consists on the integration of three components: stochastic time series modelling for prediction of inflows and future reservoir storages at the beginning of the irrigation season; statistical regression for the evaluation of water deliveries based on projected inflows and storages; and econometric modelling for economic assessment of the production value of agriculture based on irrigation water deliveries and crop prices. Therefore, the effect of the price volatility can be isolated from the losses due to water scarcity in the assessment of the drought impacts. Monte Carlo simulations are applied to generate probability functions of inflows, which are translated into probabilities of storages, deliveries, and finally, production value of agriculture. The framework also allows the assessment of the value of mitigation measures as reduction of economic losses during droughts. The approach was applied to the Jucar river basin, a complex system affected by multiannual severe droughts, with irrigated agriculture as the main consumptive demand. Probability distributions of deliveries and production value were obtained for each irrigation season. In the majority of the irrigation districts, drought causes a significant economic impact. The increase of crop prices can partially offset the losses from the reduction of production due to water scarcity in some districts. Emergency wells contribute to mitigating the droughts' impacts on the Jucar river system.

IMPACT OF ECONOMIC CRISIS ON FDI

Directory of Open Access Journals (Sweden)

Elena V. CHIRILA DONCIU

2014-04-01

Full Text Available The economic crisis has had a severe impact on the economy worldwide. The investment activity has strongly felt the crisis and caused dramatic changes in the hierarchy of large investors. The financial system did not have availability for credits and funding from companies' own resources was extremely limited in terms of reducing profits. The purpose of the paper is the analysis of global foreign direct investment under the effect of the largest financial and economic crisis. The research results show a dramatic decline in foreign direct investments flows perceived and generated in 2009, and the fact that since 2010 there has been an easy comeback.

Economic impact analysis of load forecasting

International Nuclear Information System (INIS)

Ranaweera, D.K.; Karady, G.G.; Farmer, R.G.

1997-01-01

Short term load forecasting is an essential function in electric power system operations and planning. Forecasts are needed for a variety of utility activities such as generation scheduling, scheduling of fuel purchases, maintenance scheduling and security analysis. Depending on power system characteristics, significant forecasting errors can lead to either excessively conservative scheduling or very marginal scheduling. Either can induce heavy economic penalties. This paper examines the economic impact of inaccurate load forecasts. Monte Carlo simulations were used to study the effect of different load forecasting accuracy. Investigations into the effect of improving the daily peak load forecasts, effect of different seasons of the year and effect of utilization factors are presented

The economics of electric energy storage and its interaction with market regulations

International Nuclear Information System (INIS)

He, X.

2012-01-01

This paper seeks to expose the interaction between the economics of EES and market regulation. An exhaustive investigation of relevant market regulations for the business of storage is conducted by examining (a) spot and futures markets, (b) ancillary services' procurement and (c) possible capacity enhancement. It is concluded that market regulation can be and should be improved in a number of ways to better recognize the value of EES. (author)

Petroleum Refinery Jobs and Economic Development Impact (JEDI) Model User Reference Guide

Energy Technology Data Exchange (ETDEWEB)

Goldberg, Marshall [MRG and Associates, Nevada City, CA (United States)

2013-12-31

The Jobs and Economic Development Impact (JEDI) models, developed through the National Renewable Energy Laboratory (NREL), are user-friendly tools utilized to estimate the economic impacts at the local level of constructing and operating fuel and power generation projects for a range of conventional and renewable energy technologies. The JEDI Petroleum Refinery Model User Reference Guide was developed to assist users in employing and understanding the model. This guide provides information on the model's underlying methodology, as well as the parameters and references used to develop the cost data utilized in the model. This guide also provides basic instruction on model add-in features, operation of the model, and a discussion of how the results should be interpreted. Based on project-specific inputs from the user, the model estimates job creation, earning and output (total economic activity) for a given petroleum refinery. This includes the direct, indirect and induced economic impacts to the local economy associated with the refinery's construction and operation phases. Project cost and job data used in the model are derived from the most current cost estimations available. Local direct and indirect economic impacts are estimated using economic multipliers derived from IMPLAN software. By determining the regional economic impacts and job creation for a proposed refinery, the JEDI Petroleum Refinery model can be used to field questions about the added value refineries may bring to the local community.

Impacts of Seaport Investment on the Economic Growth

Directory of Open Access Journals (Sweden)

Tahar Ammar Jouili

2016-08-01

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

Economic Development Impact of 1,000 MW of Wind Energy in Texas

Energy Technology Data Exchange (ETDEWEB)

Reategui, S.; Hendrickson, S.

2011-08-01

Texas has approximately 9,727 MW of wind energy capacity installed, making it a global leader in installed wind energy. As a result of the significant investment the wind industry has brought to Texas, it is important to better understand the economic development impacts of wind energy in Texas. This report analyzes the jobs and economic impacts of 1,000 MW of wind power generation in the state. The impacts highlighted in this report can be used in policy and planning decisions and can be scaled to get a sense of the economic development opportunities associated with other wind scenarios. This report can also inform stakeholders in other states about the potential economic impacts associated with the development of 1,000 MW of new wind power generation and the relationships of different elements in the state economy.

Economic impact analysis of short line railroads.

Science.gov (United States)

2014-10-01

This research project assesses the economic role and impact of short line railroads in the state of Louisiana. While relatively small in : scope, with 11 operators and approximately 500 miles of track, short line railroads play a significant role in ...

Economical regulation power through load shifting with smart energy appliances

NARCIS (Netherlands)

Vlot, M.C.; Knigge, J.D.; Slootweg, J.G.

2013-01-01

This paper considers the technical and economical feasibility of the introduction of automated demand response from domestic smart appliances in a European setting as a means to create a significant amount of regulating power. Simplified power-time flexibility models for appliances are introduced on

Impact of the Serbian Banking Regulatory Framework Development on the Economic Growth of Serbia

Directory of Open Access Journals (Sweden)

Nenad Milojević

2013-04-01

Full Text Available The dynamic relationship between the banking regulatory framework and Basel capital standards, on the one side and economic growth and other macroeconomic indicators on the other side, attracts international academic and business circles for many years. Perceived from the Serbian perspective, the impact of the banking regulation development, or the Basel standards application, on economic growth is one of the most actual issues, especially since Serbia starting from December 31st 2011, began the Basel II application. The fact that the National Bank of Serbia and the Serbian commercial banks, gradually directed attention to more actual Basel III standard, further increasing the importance of the topic that this paper will be addressed. Quantitative and qualitative analyzes that were performed during the research presented in this paper indicate a significant potential for further positive effects, including economic growth, due to the implementation of Basel standards in Serbia. Positive results of application largely depend on adequate preparation, analysis and actions of all relevant parties in Basel standards implementation.

SAFRR Tsunami Scenario: Economic Impacts and Resilience

Science.gov (United States)

Wein, A. M.; Rose, A.; Sue Wing, I.; Wei, D.

2013-12-01

Business interruption (BI) losses for the SAFRR tsunami scenario are derived from the forecasted physical damages of about 100 million at the Ports of Los Angeles (LA) and Long Beach (LB), and 700 million in marina damages, and 2 billion in inundated property damages along the California coast. Economic impacts are measured by the reduction in California's gross domestic product (GDP). The analysis involves several steps. First, estimates are made of immediate business interruption losses due to physical damage to facilities or to disruption of production. Second, total economic impacts (consisting of both direct and indirect effects) are measured by a general equilibrium (quantity and price multiplier effects) of lost production in other sectors through ripple effects upstream and downstream along the supply chain. Third, many types of resilience are applied to demonstrate their potential reductions of the impacts. At the Ports of LA and LB, a two-day port shutdown, cargo losses, and additional terminal downtimes would expose 1.2 billion of trade (import and export) value associated with over 4 billion of BI losses. The sectors potentially most affected by trade disruptions are leather, metal, and motor vehicle manufacturing. Excess capacity, inventories, export conversion, and conservation could reduce the direct trade impacts by 85%. Production recapture alone (including clearing the backlog of waiting ships) could reduce BI losses by 85%. The Port of LA commercial fishing would be subject to damages to the fleet, perished fish that cannot be landed, and lost fishing days. Although BI losses are relatively small, the southern Californian fishing sector could incur a 4% drop in output. The impacts would depend on the speed at which boats are repaired and whether lost fishing days can be made up. Ship-building and repair could also be negatively affected, but these impacts would be offset somewhat by reconstruction. Effects on commercial fishing in other locations

Health Economics as Rhetoric: The Limited Impact of Health Economics on Funding Decisions in Four European Countries.

Science.gov (United States)

Franken, Margreet; Heintz, Emelie; Gerber-Grote, Andreas; Raftery, James

2016-12-01

A response to the challenge of high-cost treatments in health care has been economic evaluation. Cost-effectiveness analysis presented as cost per quality-adjusted life-years gained has been controversial, raising heated support and opposition. To assess the impact of economic evaluation in decisions on what to fund in four European countries and discuss the implications of our findings. We used a protocol to review the key features of the application of economic evaluation in reimbursement decision making in England, Germany, the Netherlands, and Sweden, reporting country-specific highlights. Although the institutions and processes vary by country, health economic evaluation has had limited impact on restricting access of controversial high-cost drugs. Even in those countries that have gone the furthest, ways have been found to avoid refusing to fund high-cost drugs for particular diseases including cancer, multiple sclerosis, and orphan diseases. Economic evaluation may, however, have helped some countries to negotiate price reductions for some drugs. It has also extended to the discussion of clinical effectiveness to include cost. The differences in approaches but similarities in outcomes suggest that health economic evaluation be viewed largely as rhetoric (in D.N. McCloskey's terms in The Rhetoric of Economics, 1985). This is not to imply that economics had no impact: rather that it usually contributed to the discourse in ways that differed by country. The reasons for this no doubt vary by perspective, from political science to ethics. Economic evaluation may have less to do with rationing or denial of medical treatments than to do with expanding the discourse used to discuss such issues. Copyright © 2016 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

Offshore Wind Jobs and Economic Development Impact: Four Regional Scenarios (Presentation)

Energy Technology Data Exchange (ETDEWEB)

Tegen, S.

2014-11-01

NREL's Jobs and Economic Development Impact (JEDI) Model for Offshore Wind, is a computer tool for studying the economic impacts of fixed-bottom offshore wind projects in the United States. This presentation provides the results of an analysis of four offshore wind development scenarios in the Southeast Atlantic, Great Lakes, Mid-Atlantic, and Gulf of Mexico regions.

Economic Efficiency of Selected Financial System Institutions of Local Government

Directory of Open Access Journals (Sweden)

Urszula Rabiej

2014-03-01

Full Text Available Functioning of local government units, as for as the economic sphere is concerned, is based on the financial law regulations. Those regulations aim at solving economic and social problems. The analysis of economic efficiency concerning implemented regulations is of particular importance for changing the EU’s attitude towards the influence, which EU has on functioning of the local governments. Implementing the local budgets, based on regulations which economic efficiency hasn’t been evaluated on the stage of legislation, may have a negative impact on local community and the economic situation of the country. Frequent changes of financial law cause actions, which financial effects cannot be predicted. What is more, those unstable regulations make it impossible to plan essential parts of a budget in a right way. That has a great importance in terms of correctness of long-term financial perspectives of the local government units.

Economic Drought Impact on Agriculture: analysis of all agricultural sectors affected

Science.gov (United States)

Gil, M.; Garrido, A.; Hernández-Mora, N.

2012-04-01

The analysis of drought impacts is essential to define efficient and sustainable management and mitigation. In this paper we present a detailed analysis of the impacts of the 2004-2008 drought in the agricultural sector in the Ebro river basin (Spain). An econometric model is applied in order to determine the magnitude of the economic loss attributable to water scarcity. Both the direct impacts of drought on agricultural productivity and the indirect impacts of drought on agricultural employment and agroindustry in the Ebro basin are evaluated. The econometric model measures losses in the economic value of irrigated and rainfed agricultural production, of agricultural employment and of Gross Value Added both from the agricultural sector and the agro-industrial sector. The explanatory variables include an index of water availability (reservoir storage levels for irrigated agriculture and accumulated rainfall for rainfed agriculture), a price index representative of the mix of crops grown in each region, and a time variable. The model allows for differentiating the impacts due to water scarcity from other sources of economic losses. Results show how the impacts diminish as we approach the macro-economic indicators from those directly dependent on water abstractions and precipitation. Sectors directly dependent on water are the most affected with identifiable economic losses resulting from the lack of water. From the management perspective implications of these findings are key to develop mitigation measures to reduce drought risk exposure. These results suggest that more open agricultural markets, and wider and more flexible procurement strategies of the agro-industry reduces the socio-economic exposure to drought cycles. This paper presents the results of research conducted under PREEMPT project (Policy relevant assessment of the socioeconomic effects of droughts and floods, ECHO - grant agreement # 070401/2010/579119/SUB/C4), which constitutes an effort to provide

Evaluating the economic and noneconomic impacts of the veterinary medical profession in Michigan.

Science.gov (United States)

Lloyd, J W; Dartt, B A

2000-01-01

This study reaffirms the diversity and breadth of the veterinary profession. As it turns out, some of the furthest-reaching impacts of the veterinary medical profession were largely non-quantifiable. The veterinary medical profession had a substantial direct economic impact in Michigan during 1995. The total economic contribution of the veterinary medical profession to Michigan during 1995 that was attributable to expenditures on salaries, supplies, services, and their multiplier effect was approximately $500 million. In addition, the profession was associated with nearly 8,500 jobs (combined professional and lay positions). The veterinary medical profession was also considered to have an impact on the prosperity of the live-stock, equine, and pet food industries in Michigan, even though the economic contribution in these areas could not be directly quantified. Economic well-being of the individual businesses in these industries is directly related to the health and productivity of the associated animals, and improvements in output or productivity that accompany improved animal health likely carry substantial economic benefits in these sectors. In addition, progressive animal health management provides a crucial method of managing risk in the animal industries. Similarly, although the economic contribution could not be quantified, the veterinary medical profession enhances the safety and quality of human food through research, regulation, and quality assurance programs in livestock production, minimizing the risk of drug residues and microbial contamination. During 1995, approximately 5.3 million Michigan residents benefitted from the physical, psychological, and emotional well-being that accompanies companion animal ownership. By preserving the health and longevity of companion animals, veterinarians sustain and enhance these aspects of the human-animal bond. As Michigan enters a new century, it is likely that the state's veterinary medical profession will

Representativeness of different factors affecting the economic impact of mastitis in dairy herds

Directory of Open Access Journals (Sweden)

M. A. Lopes

2017-07-01

Full Text Available he objective of this study was to identify and quantify the most representative factor affecting the economic impact of mastitis in dairy cattle herds in order to establish those that should receive greater attention from farmers and technicians to reduce the economic impact of this important disease. A simulation study was conducted with the CU$TO MASTITE program, considering 324 different herds and using combinations of the following factors: somatic cell count (250,000; 500,000; 750,000 and 1,000,000 somatic cells/mL milk; production scale (50; 100 and 150 lactating cows; productivity per animal (10; 20 and 30 L/cow/day; average annual incidence of clinical mastitis (1%; 7% and 15%, and involuntary culling rate due to mastitis (2%; 4% and 6%. Preventive measures included expenses with monitoring [culture and antibiogram, bulk tank somatic cell count (BTSCC, and individual somatic cell counts], pre- and post-dipping, vaccination, treatment of dry cows, and maintenance of the milking machine. Only treatments of clinical cases were considered as curative measures. The impact of mastitis was estimated as total losses plus expenses with prevention and treatment of clinical cases. The mean incidence of clinical mastitis (MIM and BTSCC were significant (P<0.05 in five of the seven models analyzed [economic impact per lactating cow (ILC, economic impact per liter of milk (ILM, economic impact of curative treatment per liter of milk (CTM, economic impact of milk disposal/liter of sold milk (IMD, and economic impact of reduction in production per liter of milk (IRM]. However, the standardized coefficient for MIM was higher in three indicators (ILC, IMD and CTM, a fact rendering this factor more representative when compared to BTSCC, which also had five significant indicators. Comparison of the medians of curative treatments and preventive measures per lactating cow revealed an excellent cost/benefit ratio. These findings demonstrate that both

Economic growth and energy regulation in the environmental Kuznets curve.

Science.gov (United States)

Lorente, Daniel Balsalobre; Álvarez-Herranz, Agustín

2016-08-01

This study establishes the existence of a pattern of behavior, between economic growth and environmental degradation, consistent with the environmental Kuznets curve (EKC) hypothesis for 17 Organization for Economic Cooperation and Development (OECD) countries between 1990 and 2012. Based on this EKC pattern, it shows that energy regulation measures help reduce per capita greenhouse gas (GHG) emissions. To validate this hypothesis, we also add the explanatory variables: renewable energy promotion, energy innovation processes, and the suppression effect of income level on the contribution of renewable energy sources to total energy consumption. It aims to be a tool for decision-making regarding energy policy. This paper provides a two-stage econometric analysis of instrumental variables with the aim of correcting the existence of endogeneity in the variable GDP per capita, verifying that the instrumental variables used in this research are appropriate for our aim. To this end, it first makes a methodological contribution before incorporating additional variables associated with environmental air pollution into the EKC hypothesis and showing how they positively affect the explanation of the correction in the GHG emission levels. This study concludes that air pollution will not disappear on its own as economic growth increases. Therefore, it is necessary to promote energy regulation measures to reduce environmental pollution.

Socio-economic impacts of nuclear generating stations: Oconee case study

International Nuclear Information System (INIS)

Flynn, J.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Oconee nuclear power stations. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Socio-economic impacts of nuclear generating stations: Surry case study

International Nuclear Information System (INIS)

Flynn, J.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Surry nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Increasing Impact of Economic Conditions upon Higher Education Enrollments.

Science.gov (United States)

Rusk, James J.; And Others

1982-01-01

To assess the impact of economic conditions on enrollment in higher education, researchers used time series analysis on national data for 1966-78 and on 1972-78 data from all eight regions of the country and the University of Arizona. The findings indicate enrollment has gone up during economic downturns. (Author/RW)

Impact of Currency Devaluation on Economic Growth of Nigeria ...

African Journals Online (AJOL)

The primary aim of the study is to estimate the long run relationship between economic growth (RGDP) and currency devaluation. This study investigated the impact of currency devaluation on economic growth of Nigeria. This was achieved through a review of literature and a test of hypothesis. In order to generate the ...

Welfare Evaluation and the Economic Impacts of Climate Change on ...

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

Welfare Evaluation and the Economic Impacts of Climate Change on Water Supply ... In a context of positive economic growth, demand for water is expected to ... Socially equitable climate action is essential to strengthen the resilience of all ...

7. The Socio-Economic Impact of Stroke on

African Journals Online (AJOL)

Esem

2University of Zambia, School of Medicine, Department of Community Medicine, Lusaka. *Corresponding ... Key words: Stroke, household, socio-economic, impact,. Livingstone ..... breakdowns resulting in delinquency, reduced. 21 family ties ...

Economic analysis

Energy Technology Data Exchange (ETDEWEB)

None

1980-06-01

The Energy Policy and Conservation Act (EPCA) mandated that minimum energy efficiency standards be established for classes of refrigerators and refrigerator-freezers, freezers, clothes dryers, water heaters, room air conditioners, home heating equipment, kitchen ranges and ovens, central air conditioners, and furnaces. EPCA requires that standards be designed to achieve the maximum improvement in energy efficiency that is technologically feasible and economically justified. Following the introductory chapter, Chapter Two describes the methodology used in the economic analysis and its relationship to legislative criteria for consumer product efficiency assessment; details how the CPES Value Model systematically compared and evaluated the economic impacts of regulation on the consumer, manufacturer and Nation. Chapter Three briefly displays the results of the analysis and lists the proposed performance standards by product class. Chapter Four describes the reasons for developing a baseline forecast, characterizes the baseline scenario from which regulatory impacts were calculated and summarizes the primary models, data sources and assumptions used in the baseline formulations. Chapter Five summarizes the methodology used to calculate regulatory impacts; describes the impacts of energy performance standards relative to the baseline discussed in Chapter Four. Also discussed are regional standards and other program alternatives to performance standards. Chapter Six describes the procedure for balancing consumer, manufacturer, and national impacts to select standard levels. Details of models and data bases used in the analysis are included in Appendices A through K.

Social and economic impact of nuclear electricity in Britain

International Nuclear Information System (INIS)

White, D.

1985-01-01

The paper concerns a study of the social and economic impact of nuclear energy in the U.K., undertaken by an independent writer. Fears and risks; nuclear power is proven; cost comparisons; the nuclear industry; social impact and public relations; are all discussed. (U.K.)

The economic impact of 10CFR61 commonwealth Edison operational perspective

International Nuclear Information System (INIS)

Coley, R.F.

1984-01-01

The economic impact of implementing 10 CFR Part 20.311 and the applicable sections of 10 CFR Part 61 has been analyzed. Two major influencing factors have been considered - the interpretation applied to certain information provided by the operators of shallow-land disposal sites and the attitude with which the utility company approaches implementation of the rules. The analysis considers the following five general areas of power plant operations: radiochemical analysis, health physics, radioactive waste processing, packaged radioactive waste transportation, and packaged radioactive waste disposal. The economic impact is provided for two different points of view - depending on the results one wants to produce. A comment is also provided concerning the economic impact associated with the continuing implementation of the rules in future years

Backup_of_23. THE SOCIO-ECONOMIC IMPACT OF STROKE ON

African Journals Online (AJOL)

Esem

problems. The study aimed at assessing the socio- economic impact of stroke in households in Livingstone district. A total ... economic challenges after stroke with a few of them were ..... 20 Trainer T, The transition; Getting to a sustainable and.

The economic impact of NASA R and D spending: Executive summary

Science.gov (United States)

Evans, M. K.

1976-01-01

An evaluation of the economic impact of NASA research and development programs is made. The methodology and the results revolve around the interrelationships existing between the demand and supply effects of increased research and development spending, in particular, NASA research and development spending. The INFORUM Inter-Industry Forecasing Model is used to measure the short-run economic impact of alternative levels of NASA expenditures for 1975. An aggregate production function approach is used to develop the data series necessary to measure the impact of NASA research and development spending, and other determinants of technological progress, on the rate of growth in productivity of the U. S. economy. The measured relationship between NASA research and development spending and technological progress is simulated in the Chase Macroeconometric Model to measure the immediate, intermediate, and long-run economic impact of increased NASA research and development spending over a sustained period.

A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism

Directory of Open Access Journals (Sweden)

Kumar J.

2014-01-01

Full Text Available MICE tourism has grown into an important economic sector in many places, and it is quite easy to understand the relevancy of estimating the economic impact of business tourists on the local and regional economies. Several industrial and academic researches has mentioned many methods for economic impact studies (direct, indirect and induced impacts of the conference - MICE tourism related events. Of these, the input-output (I-O model and general equilibrium models (REMI and REM II are widely used for the economic impact assessments. The current paper will review economic impact studies in the c conference - MICE tourism related events and then discusses the issues related to the I-O model and general equilibrium models framework

The impact of physics assumptions on fusion economics

International Nuclear Information System (INIS)

Ward, D.; Cook, I.; Knight, P.J.

2001-01-01

The development of fusion promises a long term supply of energy with widespread resources and good safety and environmental properties. However the introduction of fusion into the future energy market will rely on the development of an economically viable fusion power plant. Although predictions of the likely cost of electricity produced by a future fusion power plant are uncertain, it is important that an assessment is made to ensure that the likely economics are not unreasonable. In this paper the impact of different physics (and other) constraints on the economics of fusion is considered. Comparison with the expected future cost of electricity from other sources must take account of the trends in the energy market, particularly at present towards sources with low external costs related to impact on human health and the natural environment. Although these costs depend on the country concerned, a range of expected future costs can be derived. Comparison with the expected range of fusion costs shows that fusion can contribute to the future energy market. (author)

The Economic impact of ME/CFS: Individual and societal costs

OpenAIRE

Jason, Leonard A; Benton, Mary C; Valentine, Lisa; Johnson, Abra; Torres-Harding, Susan

2008-01-01

Background ME/CFS is characterized by debilitating fatigue in addition to other physical and cognitive symptoms. It is estimated to affect over 800,000 adults in the U.S. ME/CFS often results in diminished functionality and increased economic impact. The economic impact of an illness is generally divided into two categories: direct and indirect costs. Despite high prevalence rates and the disabling nature of the illness, few studies have examined the costs of ME/CFS at the individual and soci...

Economic impacts of Alberta's oil sands, volume 1

International Nuclear Information System (INIS)

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

2005-01-01

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

Institutions and Regulation for Economic Growth ? : public interests versus public incentives

NARCIS (Netherlands)

Wubben, E.F.M.

2011-01-01

Realizing institutions and regulations that foster economic growth is an essential asset for contemporary economies. This book investigates practices and options for steering individual and firm behaviour that prevents unacceptable externalities and boosts public interests. These multi-dimensional

Analysis of the Impact of External Debt on Economic Growth in an ...

African Journals Online (AJOL)

Analysis of the Impact of External Debt on Economic Growth in an Emerging Economy: Evidence from Nigeria. ... African Research Review ... Findings reveal that debt service payment has negative and insignificant impact on Nigeria's economic growth while external debt stock has positive and significant effect on Nigeria's ...

The economic impacts of noxious facilities on wages and property values: An exploratory analysis

Energy Technology Data Exchange (ETDEWEB)

Nieves, L.A.; Hemphill, R.C.; Clark, D.E.

1991-05-01

Recent assessments of socioeconomic impacts resulting from the location of potentially hazardous facilities have concentrated on the issue of negative public perceptions and their resulting economic consequences. This report presents an analysis designed to answer the question: Can economic impacts resulting from negative perceptions of noxious facilities'' be identified and measured To identify the impacts of negative perceptions, data on noxious facilities sited throughout the United States were compiled, and secondary economic and demographic data sufficient to analyze the economic impacts on the surrounding study areas were assembled. This study uses wage rate and property value differentials to measure impacts on social welfare so that the extent to which noxious facilities and their associated activities have affected surrounding areas can be determined.

The economic impacts of noxious facilities on wages and property values: An exploratory analysis

Energy Technology Data Exchange (ETDEWEB)

Nieves, L.A.; Hemphill, R.C.; Clark, D.E.

1991-05-01

Recent assessments of socioeconomic impacts resulting from the location of potentially hazardous facilities have concentrated on the issue of negative public perceptions and their resulting economic consequences. This report presents an analysis designed to answer the question: Can economic impacts resulting from negative perceptions of ``noxious facilities`` be identified and measured? To identify the impacts of negative perceptions, data on noxious facilities sited throughout the United States were compiled, and secondary economic and demographic data sufficient to analyze the economic impacts on the surrounding study areas were assembled. This study uses wage rate and property value differentials to measure impacts on social welfare so that the extent to which noxious facilities and their associated activities have affected surrounding areas can be determined.

The Impact of FDI on the Economic Growth of Serbia

Directory of Open Access Journals (Sweden)

Miloš Parežanin

2016-05-01

Full Text Available This paper analyzes the impact of foreign direct investment on the economic growth of the Republic of Serbia. The aim is to analyze the effects of the economic crisis on foreign direct investment impact on the economic performance of the Serbian economy. This paper analyzes the period of 2000 - 2014, using the Inward FDI Performance Index and Pearson’s coefficient of simple linear correlation. The period before the economic crises (2000-2007 and the period after the beginning of the economic crisis (2008-2014 are analyzed separately, in order to observe the linear correlation between FDI and economic growth. The results of the research speak in favor of the existence of a strong and statistically significant correlation between FDI and observed macroeconomic indicators in the period of 2000-2007. The second sub-period was characterized by an absence correlation between FDI inflows and all the observed macroeconomic indicators. The results for the period of 2008-2014 can be explained by the effects of the global crisis on the Serbian economy and the deterioration of all macroeconomic indicators in the given period. Effects of the crisis on the Serbian economy were very strong.

Economic impact of rapid diagnostic methods in Clinical Microbiology: Price of the test or overall clinical impact.

Science.gov (United States)

Cantón, Rafael; Gómez G de la Pedrosa, Elia

2017-12-01

The need to reduce the time it takes to establish a microbiological diagnosis and the emergence of new molecular microbiology and proteomic technologies has fuelled the development of rapid and point-of-care techniques, as well as the so-called point-of-care laboratories. These laboratories are responsible for conducting both techniques partially to response to the outsourcing of the conventional hospital laboratories. Their introduction has not always been accompanied with economic studies that address their cost-effectiveness, cost-benefit and cost-utility, but rather tend to be limited to the unit price of the test. The latter, influenced by the purchase procedure, does not usually have a regulated reference value in the same way that medicines do. The cost-effectiveness studies that have recently been conducted on mass spectrometry in the diagnosis of bacteraemia and the use of antimicrobials have had the greatest clinical impact and may act as a model for future economic studies on rapid and point-of-care tests. Copyright © 2017 Elsevier España, S.L.U. and Sociedad Española de Enfermedades Infecciosas y Microbiología Clínica. All rights reserved.

The Prospects of Modernization of the Mechanism for Budgetary Regulation of the Socio-Economic Development of Lviv City

Directory of Open Access Journals (Sweden)

Pidkhomnyi Oleg M.

2017-11-01

Full Text Available The socio-economic development of country and its individual territories depends on the efficiency of both accumulation and allocation of financial resources, which is determined by the effectiveness of budget process. Therefore the purpose of the article is theoretical and practical substantiation of prospects for modernization of the mechanism for budgetary regulation of the socio-economic development on the example of Lviv. Features and the main instruments of budgetary regulation of the socio-economic development of the city were researched. The efficiency of allocation and accumulation of budgetary funds, including through tax policy and the inter-budget transfers, was analyzed. Tendencies of changes of indicators of the socio-economic condition of Lviv and influence on them of three main elements of the budget regulation mechanism have been determined. Shortcomings of the existing mechanism for budgetary regulation of socio-economic development of the city have been defined, prospective directions of its modernization have been suggested.

Socio-Economic and Environmental Impacts of Mining inBotswana ...

African Journals Online (AJOL)

On the basis of the findings, it is recommended that there should be an independent medical health team to carry out health impact research, comprehensive socio-economic and environmental impact assessment of the mine, to initiate regular community and institutional consultations and set up an independent air quality ...

Economic consideration of nuclear safety and cost benefit analysis in nuclear safety regulation

International Nuclear Information System (INIS)

Choi, Y. S.; Choi, K. S.; Choi, K. W.; Song, I. J.; Park, D. K.

2001-01-01

For the optimization of nuclear safety regulation, understanding of economic aspects of it becomes increasingly important together with the technical approach used so far to secure nuclear safety. Relevant economic theories on private and public goods were reviewed to re-illuminate nuclear safety from the economic perspective. The characteristics of nuclear safety as a public good was reviewed and discussed in comparison with the car safety as a private safety good. It was shown that the change of social welfare resulted from the policy change induced can be calculated by the summation of compensating variation(CV) of individuals. It was shown that the value of nuclear safety could be determined in monetary term by this approach. The theoretical background and history of cost benefit analysis of nuclear safety regulation were presented and topics for future study were suggested

New storm water regulations impact industry

International Nuclear Information System (INIS)

Gemar, C.

1991-01-01

In November 1990, new Environmental Protection Agency (EPA) regulations aimed at governing the discharge of storm water from industrial facilities became effective. Because some industrial runoff contains toxics and other pollutants, the EPA considers storm water a major source of water contamination. The new regulations will have a profound impact on the National Pollutant Discharge Elimination System (NPDES) permit requirements for industry. This paper summarizes the new storm water regulations, focusing on the requirements for industrial facilities. It also presents suggestions for compliance

Economic impacts of the BC recycling regulation

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-08-31

Extended producer responsibility (EPR) is an environmental approach used in British Columbia (BC) to consider the entire life cycle of a product from the selection and materials and design to the post-consumer stage. This paper discussed EPR strategies that are currently being used to help the BC government remove toxins from its waste stream and develop recycling programs that contribute to the sustainable use of BC's resources. BC's recycling regulation was designed to ensure that producers of designated materials take responsibility for managing products at end-of-life under approved product stewardship plans. The stewardship management recycling program has provided an estimated 1600 full-time equivalent jobs in the province. Overall employment rates are expected to reach over 2100. A waste reduction model (WARM) analysis showed that BC stewardships provide an estimated reduction of 73,000 metric tonnes of carbon equivalent (MTCE). Aluminum can and tire recycling programs account for 82 per cent of the reductions. Diverting the wastes from landfill has helped to avoid the costs of remedial clean-ups as well as avoid the costs of handling hazardous materials. It was concluded that total revenues of $109 million were earned in 2007 from fees, deposits, and the sale of recovered materials. Separate data were provided for stewardship programs for beverage containers; beer containers; tires; used oil; electronics; paint, flammables, and pesticides; tree paint; and pharmaceuticals. 28 tabs., 5 figs.

Evolution of the discharge impact assessments in the French regulation framework

International Nuclear Information System (INIS)

Chartier, M.; Despres, A.; Guillaume, R.; Plazanic, P.; Supervil, S.; Hubert, P.

2000-01-01

The French regulation on discharge authorisation procedures has been modified in 1995. The French authorities are thus committed to re-examined the discharge authorisations for all French nuclear installations. A new examination of discharge authorisations is in progress. The authorisations to discharge liquid and gaseous effluents had been granted at the time of the development of the nuclear installations (power plants, laboratories, facilities) according to a procedure defined in 1976. The recommendations of the ICRP expressed in the publication n deg 60, endorsed for the main part of them by the 1996 European, modified the concept of > for discharges, inter alia with an increased stress on optimisation. This evolution is consistent with the French low which does not recognise the right to pollute but defines a regime of authorisations which are always revocable. Consequently, the French authorities committed themselves to reductions of discharge limits as low as possible, at economically affordable cost. Since 1976, the evolutions of the principles of radiation protection for populations and of the French regulation together with the experience of 25 years of operations yielded significant changes of the approach of radiological impact assessments used in the regulation framework. This paper discuss and illustrate these changes: 1. Differences between the situation in 1976 (installations were planned) and now (most installations have operated since several years or tens of years) are first put forward: discharged activities, compositions of the effluents, variations of the discharges and their grounds are now better understood; techniques to reduce discharges have been developed. The opportunities in terms of discharge reductions and accuracy of radiological impact assessment are underlined. 2. Main characteristics of the bases of the radiological impact assessments used in the French regulation framework are then described: identification of existing reference

A socio-economic impact assessment of the European launcher sector

Science.gov (United States)

Monte, Luca del; Scatteia, Luigi

2017-08-01

In a context where the economic strains are challenging European policies as well as the very fabric of governmental contributions to public life, innovation and efficacy of public policy in research are called upon to support growth in Europe and to sustain employment and entrepreneurial capacities. Governments need evidence that the investments in space, while providing strategic tools to implement sovereign policies, create jobs and build the competitive European economy of the future. This is particularly true when the decisions at stake have a potential bearing on the future of the European space sector for at least the next 30 years, as it has been the case for the ESA Council at ministerial level meeting in December 2014. On that occasion, Ministers took the decision to start the development of a new Ariane 6 launcher and Vega evolutions having a critical bearing on the Member States' strategic industrial capabilities and on the sustainability of the European guaranteed access to space. Given the importance of the subject, and following similar studies undertaken in the past for e.g. the Ariane 1-4 programme, the Agency has requested an independent consulting team to perform a dedicated study to assess ex-post the direct, indirect and induced socio-economic impacts of the Ariane 5 programme (mid-term evaluation) and of the Vega programme (early evaluation) globally, at European level, and within the economies and industries of each ESA Member State. This paper presents the assessment of the socio-economic impacts allowing the evaluation of the return on public investments in launchers through ESA in a wider perspective, going beyond the purely economic terms. The scope of the assessment covered in total approximately 25 ESA programmatic and activity lines and 30,000 commitments from 1986 to end 2012. In the framework of the study, the economic impact of the European launcher programmes is measured through a GDP impact defined as the straight economic

Economic evaluation of environmental impacts of open cast mining project - an approach

International Nuclear Information System (INIS)

Maiti, S.K.; Pathak, K.

1998-01-01

Economic valuation of environmental attributes are pragmatic approach to evaluating the impacts and it helps decision makers to arrive at objective decisions on the basis of cost benefit ratio. For determining the physical impact and its quantification, four evaluation methods, namely-market price method, surrogate market price, survey based and cost based approaches are generally used. The present paper reviews the importance of environmental evaluation of impacts of mining and also reviews a few suitable methodologies that could be effectively used for economic evaluation of environmental impacts in open cast mining projects. (author)

Effect of daily milk production on the economic impact of mastitits in cattle herds

Directory of Open Access Journals (Sweden)

Fabiana Alves Demeu

2016-03-01

Full Text Available The objectives of this study were to analyze and quantify the effect of daily productivity per animal on the economic impact of mastitis in dairy cattle herds. A simulation study was conducted using the CU$TO MASTITE computational program. Dairy herds with an average production of 10, 20 and 30 liters of milk/day were considered. As preventive measures, expenses with mastitis incidence monitoring (culture and antibiogram, somatic cell count in the tank and somatic cells count per animal, pre and post dipping, vaccination, and treatment of dry cows were computed. Treatments of clinical cases, which corresponded to 7% of all lactating cows, were considered as curative measures. The impact of mastitis was estimated as total losses (reduction in production and milk disposal during treatment and antibiotic withdrawal period plus expenses with prevention and treatment of clinical cases. An increase in daily productivity per animal reduced the economic impact of mastitis. Higher productivity was associated with lower economic impact values, per liter of commercialized milk, due to optimization of the products and materials used per animal, reducing operating expenses. The expenses with preventive treatment corresponded to a maximum of 13.5% of economic impact. This percentage was lower than the economic impact of expenses with curative treatment. These results demonstrate the advantages of investing in preventive treatment, which will contribute to reduce the economic impact of mastitis.

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

Science.gov (United States)

2017-12-01

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

Bhakra Beas complex - socio economic and ecological impacts

International Nuclear Information System (INIS)

Sukhani, K.T.

1991-01-01

Bhakra Beas complex (comprising Bhakra Nangal Project and Beas Project Unit I and II) is one of the major multi-purpose Valley Projects of India. The socio economic and ecological impacts of the project are discussed. (author)

Techno-Economic, Sustainability & Environmental Impact Diagnosis (TESED) Framework

DEFF Research Database (Denmark)

Loureiro da Costa Lira Gargalo, Carina; Carvalho, Ana; Matos, Henrique A.

2014-01-01

that truly sustainable design alternatives can befound.This work proposes a framework,called ‘Techno-Economic Sustainability Environmental Impact Diagnosis’ (TESED) that allows users to assess chemical/biochemical processes in a product oriented analysis.TESED is asystematic and generic approach that can......Nowadays, companies are looking for new sustainable design alternatives that improve their original processes.To assesst he best designalternative, economic aspects have been the preferred indicators. However, environmental and social concerns should also be included in the decision process so...

Agricultural climate impacts assessment for economic modeling and decision support

Science.gov (United States)

Thomson, A. M.; Izaurralde, R. C.; Beach, R.; Zhang, X.; Zhao, K.; Monier, E.

2013-12-01

A range of approaches can be used in the application of climate change projections to agricultural impacts assessment. Climate projections can be used directly to drive crop models, which in turn can be used to provide inputs for agricultural economic or integrated assessment models. These model applications, and the transfer of information between models, must be guided by the state of the science. But the methodology must also account for the specific needs of stakeholders and the intended use of model results beyond pure scientific inquiry, including meeting the requirements of agencies responsible for designing and assessing policies, programs, and regulations. Here we present methodology and results of two climate impacts studies that applied climate model projections from CMIP3 and from the EPA Climate Impacts and Risk Analysis (CIRA) project in a crop model (EPIC - Environmental Policy Indicator Climate) in order to generate estimates of changes in crop productivity for use in an agricultural economic model for the United States (FASOM - Forest and Agricultural Sector Optimization Model). The FASOM model is a forward-looking dynamic model of the US forest and agricultural sector used to assess market responses to changing productivity of alternative land uses. The first study, focused on climate change impacts on the UDSA crop insurance program, was designed to use available daily climate projections from the CMIP3 archive. The decision to focus on daily data for this application limited the climate model and time period selection significantly; however for the intended purpose of assessing impacts on crop insurance payments, consideration of extreme event frequency was critical for assessing periodic crop failures. In a second, coordinated impacts study designed to assess the relative difference in climate impacts under a no-mitigation policy and different future climate mitigation scenarios, the stakeholder specifically requested an assessment of a

Economics of oil regulation and the Brazilian reform: Some issues

Energy Technology Data Exchange (ETDEWEB)

Hernandez-Perez, Adriana, E-mail: adriana.perez@fgv.b [Center for Economics and Oil Studies, IBRE/Fundacao Getulio Vargas (Brazil)

2011-01-15

This paper reviews the economic fundamentals for regulation in the oil industry, with a focus on the current regulatory proposal for the Brazilian oil industry. The observed exploration and production (E and P) contracts foresee much of the characteristics of the optimal contract, with a remuneration structure that combines upfront with future payments to mitigate uncertainty and incentivize exploratory efforts. In Brazil, despite slow market deconcentration since 1997's liberalization, the current oil regulation is in general consistent with an optimal regulatory response. From an economic standpoint, the 2009's new regulatory proposal prompted by the major oil discoveries offshore in Brazil reduces the power of incentive schemes with respect to exploratory and cost-reducing efforts while the changes in the net risk of the E and P offshore activities are not so clear. - Research Highlights: {yields} The observed exploration and production (E and P) contracts foresee much of the characteristics of an optimal contract. {yields} The current oil regulation in Brazil is in general consistent with an optimal regulatory response. {yields} The changes in the net risk of the E and P offshore activities in Brazil are not so clear. {yields} The 2009's new regulatory proposal in Brazil reduces the power of incentive schemes with respect to exploratory and cost-reducing efforts.

Recurrent outbreaks of lumpy skin disease and its economic impact ...

African Journals Online (AJOL)

Lumpy skin disease (LSD) is an acute, severe and economically important transboundary disease of cattle caused by LSD virus (LSDV). Suspected outbreaks of LSD are frequently reported in Nigeria, but laboratory diagnosis is seldom carried out and the economic impact of the disease is unknown. This study investigated ...

Economic impact of land finance and subsequent risk response

Institute of Scientific and Technical Information of China (English)

Lü Wei; Xu Hongwei

2014-01-01

In China,land finance is actually an endogenous factor in economic growth.As a kind of nontraditional,informal government revenue in China's economic transition process,land finance is unstable,non-standard and unsustainable,and it simultaneously makes the current land-finance dependent growth mode difficult to maintain.The paper firstly analyzes the impact of the land finance on China's economic growth and economic structure change followed by discussing the possible risks in post-"land finance" period.It then put forward some suggestions to deal with the problem.The analysis shows that land finance exacerbates the economic fluctuation,bringing in the increase of government public expenditure and economic growth in the short term.Nonetheless,in the long term there is no significant effect,and it could gradually lead to a more unreasonable economic structure.In the post-"land finance" period,if we do not take precautions in advance,it will restrain the sustainable development of China's economy and society.

The Impact of Economic Crisis on Happiness

Science.gov (United States)

Gudmundsdottir, Dora Gudrun

2013-01-01

There is a common belief that economic crisis will lead to a decrease in subjective wellbeing. Previous studies indicate that income is correlated with happiness and unemployment with unhappiness. The relationship between increased income and happiness is well documented while the impact of decreased income has been less explored. The aim of this…

Assessing economic impact of storm surge under projected sea level rise scenarios

Science.gov (United States)

Del Angel, D. C.; Yoskowitz, D.

2017-12-01

Global sea level is expected to rise 0.2-2m by the year 2100. Rising sea level is expected to have a number of impacts such as erosion, saltwater intrusion, and decline in coastal wetlands; all which have direct and indirect socio-economic impact to coastal communities. By 2050, 25% of the world's population will reside within flood-prone areas. These statistics raise a concern for the economic cost that sea level and flooding has on the growing coastal communities. Economic cost of storm surge inundation and rising seas may include loss or damage to public facilities and infrastructure that may become temporarily inaccessible, as well as disruptions to business and services. This goal of this project is to assess economic impacts of storms under four SLR scenarios including low, intermediate-low, intermediate-high, and high (0.2m, 0.5m, 1.2m and 2m, respectively) in the Northern Gulf of Mexico region. To assess flooding impact on communities from storm surge, this project utilizes HAZUS-MH software - a Geographic Information System (GIS)-based modeling tool developed by the Federal Emergency Management Agency - to estimate physical, economic, and social impacts of natural disasters such as floods, earthquakes and hurricanes. The HAZUS database comes integrated with aggregate and site specific inventory which includes: demographic data, general building stock, agricultural statistics, vehicle inventory, essential facilities, transportation systems, utility systems (among other sensitive facilities). User-defined inundation scenarios will serve to identify assets at risk and damage estimates will be generated using the Depth Damage Function included in the HAZUS software. Results will focus on 3 communities in the Gulf and highlight changes in storm flood impact. This approach not only provides a method for economic impact assessment but also begins to create a link between ecosystem services and natural and nature-based features such as wetlands, beaches and dunes

The Higher Essence of Economic Convergence Regarding Monetary Impacts

Directory of Open Access Journals (Sweden)

Hudec Martin

2017-06-01

Full Text Available The increasing pace of achieving socio-economic growth and convergence into developed structures represents the main desire of most countries. Moreover, membership in monetary unions has quite a significant impact on the economies of participating countries, since integration processes have become undoubtedly the undisputed accelerator of convergence and integration catalyst, reflecting on the development of the world economy. The growing intensity of world trade, the ever-deepening division of labor and specialization, international movement of capital and labor mobility as wells as investments into education, research and development, innovations are among the factors that lead to the creation of increasingly closer ties between economies, deepening their mutual dependence, further reflected in knowledge-based societies. Thus, the close ties between national economies themselves represent a further incentive for more intensive cooperation through the different stages of economic integration. International economic integration is an objective to promote a gradual process of linking and connecting existing economic units, i.e. national economies to the greater interconnected units in the global economy. The aim of our research paper, by using the methods of analysis and comparison, is to closely present the issue of monetary integration, focusing on the impact of monetary integration on countries’ economy, resulting in the issue of benefits and costs of the countries’ entry into the monetary union, associated with initial economic shocks.

The economic impacts of Lake States forestry: an input-output study.

Science.gov (United States)

Larry Pedersen; Daniel E. Chappelle; David C. Lothner

1989-01-01

The report describes 1985 and 1995 levels of forest-related economic activity in the three-state area of Michigan, Minnesota, and Wisconsin, and their impacts on other economic sectors based on a regional input-output model.

Science and the economic crisis impact on science, lessons from science

CERN Document Server

Sylos Labini, Francesco

2016-01-01

This book not only explores the ways in which the economic crisis and associated austerity policies have adversely impacted the physical and human infrastructure and conduct of scientific research, but also considers how science can help us to understand the crisis and provide original solutions. Starting with a detailed but accessible analysis of the scientific method and the nature of scientific prediction, the book proceeds to address the failure to forecast the economic crisis and the origins of the continuing inertia in economic policy and theory. Attention is drawn in particular to the shortcomings of neoclassical economics in terms of its description of the economic system as being mechanical in nature and characterized by equilibrium. This perspective mirrors the limitations and outdated ideas of nineteenth century physics, which the book contrasts with the insights offered by modern physics. The impact of neoliberal ideologies on scientific research is also discussed in detail, highlighting their sti...

Technical assistance report : I-73 economic impact analysis.

Science.gov (United States)

1995-01-01

This study assessed the probable economic impact of the future Interstate 73 along each of twelve alternative corridors that were proposed for the new highway. The contents of this report were originally distributed in four parts during February and ...

The Impact of Taxation on Economic Growth: Case Study of OECD Countries

Directory of Open Access Journals (Sweden)

Macek Rudolf

2015-01-01

Full Text Available The aim of this paper is to evaluate the impact of individual types of taxes on the economic growth by utilizing regression analysis on the OECD countries for the period of 2000–2011. The impact of taxation is integrated into growth models by its impact on the individual growth variables, which are capital accumulation and investment, human capital and technology. The analysis in this paper is based on extended neoclassical growth model of Mankiw, Romer and Weil (1992, and for the verification of relation between taxation and economic growth the panel regression method is used. The taxation rate itself is not approximated only by traditional tax quota, which is characteristic by many insufficiencies, but also by the alternative World Tax Index which combines hard and soft data. It is evident from the results of both analyses that corporate taxation followed by personal income taxes and social security contribution are the most harmful for economic growth. Concurrently, in case of the value added tax approximated by tax quota, the negative impact on economic growth was not confirmed, from which it can be concluded that tax quota, in this case as the indicator of taxation, fails. When utilizing World Tax Index, a negative relation between these two variables was confirmed, however, it was the least quantifiable. The impact of property taxes was statistically insignificant. Based on the analysis results it is evident that in effort to stimulate economic growth in OECD countries, economic-politic authorities should lower the corporate taxation and personal income taxes, and the loss of income tax revenues should be compensated by the growth of indirect tax revenues.

An approach to evaluating the economic impact of emissions trading

International Nuclear Information System (INIS)

Lieu, S.; Johnson, S.L.; Dabirian, S.

1993-01-01

The command-and-control system to air quality controls is a mixture of technology-forcing standards for existing sources and offset for new sources. More stringent controls are required to achieve the ambient air quality standards in non-attainment urban areas which have been conformed with burgeoning economic growth. Due to the economy of scale and locale of polluting sources, some sources can implement these controls in a more cost-effective manner than others. In order to minimize the control costs of regulated sources, trading of emissions has been stipulated and has occurred among power plants to curb acid rain at the national level. Southern California is currently embarking on the trading of oxides of nitrogen, reactive organic compounds, and oxides of sulfur among existing and new stationary sources. New economic opportunities for entrepreneurs with advances control technology will arise under emissions trading. Trading will also result in the redistribution of emissions geographically and across industries. Through the linkage of a linear-programming trading model, a regional econometric model, and an urban airshed model, the impact of trading on the Southern California economy can thus be examined. This paper describes a framework which can be used to compare and contrast RECLAIM with the command-and-control system; and discusses a few issues which may arise in a trading market and how these issues can be dealt with are also examined

The socio-economic impact assessment for nuclear fuel waste disposal

International Nuclear Information System (INIS)

Tamm, J.; Wlodarczyk, T.

1992-01-01

The concept for disposal of Canada's nuclear fuel waste will undergo public scrutiny as it is examined under the Canadian Environmental Assessment and Review Process (EARP). This process presents a number of challenges in preparing the socio-economic impact assessment (SEIA) component of an Environment Impact Statement. These challenges relate to defining the scope of the SEIA, adapting site-specific methodologies to an assessment of a concept, and addressing evolving public concerns and issues. This paper reports that in meeting these challenges a generic process-oriented SEIA has been developed that emphasizes the importance of defining policies and processes to manage socio-economic impacts. In addition, public involvement and attitude research has facilitated the assessment of the concept at the societal level

Safety and economic impacts of photo radar program.

Science.gov (United States)

Chen, Greg

2005-12-01

Unsafe speed is one of the major traffic safety challenges facing motorized nations. In 2003, unsafe speed contributed to 31 percent of all fatal collisions, causing a loss of 13,380 lives in the United States alone. The economic impact of speeding is tremendous. According to NHTSA, the cost of unsafe speed related collisions to the American society exceeds 40 billion US dollars per year. In response, automated photo radar speed enforcement programs have been implemented in many countries. This study assesses the economic impacts of a large-scale photo radar program in British Columbia. The knowledge generated from this study could inform policy makers and project managers in making informed decisions with regard to this highly effective and efficient, yet very controversial program. This study establishes speed and safety effects of photo radar programs by summarizing two physical impact investigations in British Columbia. It then conducts a cost-benefit analysis to assess the program's economic impacts. The cost-benefit analysis takes into account both societal and funding agency's perspectives. It includes a comprehensive account of major impacts. It uses willingness to pay principle to value human lives saved and injuries avoided. It incorporates an extended sensitivity analysis to quantify the robustness of base case conclusions. The study reveals an annual net benefit of approximately 114 million in year 2001 Canadian dollars to British Columbians. The study also finds a net annual saving of over 38 million Canadian dollars for the Insurance Corporation of British Columbia (ICBC) that funded the program. These results are robust under almost all alternative scenarios tested. The only circumstance under which the net benefit of the program turns negative is when the real safety effects were one standard deviation below the estimated values, which is possible but highly unlikely. Automated photo radar traffic safety enforcement can be an effective and efficient

THE IMPACT OF MICROFINANCE INSTITUTION IN ECONOMIC ...

African Journals Online (AJOL)

CIU

has a significant impact on economic performance in Nigeria in the long run. Although ... 70% of adults live in rural areas with 51% male and 49% female. ... services that will enable them start up or run business ventures of their choice . In this ... Accordingto Ademola & Arogundade (2014), credit delivery is one of the most.

Socio-economic impacts of nuclear generating stations: Calvert Cliffs case study

International Nuclear Information System (INIS)

Flynn, J.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Calvert Cliffs nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Socio-economic impacts of nuclear generating stations: Rancho Seco case study

International Nuclear Information System (INIS)

Bergmann, P.A.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Rancho Seco nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Socio-economic impacts of nuclear generating stations: Peach Bottom case study

International Nuclear Information System (INIS)

Pijawka, K.D.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Peach Bottom nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Economic analysis of nuclear energy

International Nuclear Information System (INIS)

Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S.

1999-12-01

The objective of this study is to analyze how the economics of nuclear power generation are affected by the change in nuclear environmental factors and then, to suggest desirable policy directions to improve the efficiency of the use of nuclear energy resources in korea. This study focused to analyze the impact of the change in 3 major nuclear environmental factors in Korea on the economics of nuclear power generation. To do this, environmental external cost, nuclear R and fund, and carbon emission control according to UNFCCC were selected as the major factors. First of all, this study evaluated the impacts on the health and the environment of air pollutants emitted from coal power plant and nuclear power plant, two major electric power generating options in Korea. Then, the environmental external costs of those two options were estimated by transforming the health and environmental impact in to monetary values. To do this, AIRPACTS and 'Impacts of atmospheric release' model developed by IAEA were used. Secondly, the impact of nuclear R and D fund raised by the utility on the increment of nuclear power generating cost was evaluated. Then, the desirable size of the fund in Korea was suggested by taking into consideration the case of Japan. This study also analyzed the influences of the fund on the economics of nuclear power generation. Finally, the role of nuclear power under the carbon emission regulation was analyzed. To do this, the econometric model was developed and the impact of the regulation on the national economy was estimated. Further efforts were made to estimate the role by developing CGE model in order to improve the reliability of the results from the econometric model

Smallholder adoption and economic impacts of tissue culture ...

African Journals Online (AJOL)

PRECIOUS

2009-12-01

Dec 1, 2009 ... ISSN 1684–5315 © 2009 Academic Journals. Full Length ... Key words: Biotechnology, adoption, tissue culture bananas, Kenya. INTRODUCTION ... Recent studies about the agronomic and economic impacts of biotech- ..... accused scientist for 'playing God', others have supported biotechnologies.

A Holistic Assessment of Energy Production: Environmental, Economic, and Social Impacts of Hydraulic Fracturing in Williams County, North Dakota

Science.gov (United States)

Jagdeo, J.; Ravikumar, A. P.; Grubert, E.; Brandt, A. R.

2016-12-01

Unconventional oil and natural gas production in the U.S. has increased tenfold between 2005 and 2014 due to advances in hydraulic fracturing technology. Prior studies of hydraulic fracturing activity have mainly focused on two themes: the environmental impacts related to air and water pollution or the direct and spillover economic benefits resulting from oil booms at the state and local level. However, the impacts of hydraulic fracturing extend beyond these effects. Oil-boom counties have experienced environmental changes in land-use and water supply and witnessed social changes in demographics, crime, and health, factors that are not typically evaluated in regard to hydraulic fracturing. Hence, there is a need to consider the holistic effects of oil production on communities. This study examines the environmental, economic, and social impacts of oil and gas activity in Williams County, North Dakota by comparing its pre-boom ( 2005) and post-boom ( 2014) conditions. Annual oil production in Williams County increased from 3.4 million barrels in 2005 to 56 million barrels in 2014, providing an ideal test-case to study the impact of energy development on surrounding communities. We compared changes in multiple impact categories, attributed directly or indirectly to hydraulic fracturing activity, to trends at the national level. For example, between 2005 and 2014, CO2 and CH4 emissions primarily from oil and gas activity increased by 360 thousand metric tons CO2e, corresponding to a 20-fold increase. Concurrently, national emissions decreased by 10.5%. Over twenty indicators were analyzed across environmental, social and economic impact categories, including land-use change, median household income, and crime rates. The datasets were normalized using federal regulations for upper and lower bounds, or calibrated against national averages. Normalized indicators are then aggregated to provide a single-value `impact-factor'. Such `impact-factor' maps will provide a

Quantifying the impact of exogenous non-economic factors on UK transport oil demand

International Nuclear Information System (INIS)

Broadstock, David C.; Hunt, Lester C.

2010-01-01

This paper attempts to quantify the impact of exogenous non-economic factors on UK transport oil demand (in addition to income, price, and fuel efficiency) by estimating the demand relationship for oil transport for 1960-2007 using the structural time series model. From this, the relative impact on UK transport oil demand from income, price, and efficiency are quantified. Moreover, the relative impact of the non-economic factors is also quantified, based on the premise that the estimated stochastic trend represents behavioural responses to changes in socio-economic factors and changes in lifestyles and attitudes. The estimated elasticities for income, price and efficiency are 0.6, -0.1, and -0.3, respectively, and it is shown that for efficiency and price the overall contribution is relatively small, whereas the contribution from income and non-economic factors is relatively large. This has important implications for policy makers keen to reduce transport oil consumption and associated emissions, but not willing to reduce the trend rate of economic growth. Taxes and improved efficiency only have a limited impact; hence, a major thrust of policy should perhaps be on educating and informing consumers to persuade them to change their lifestyle and attitudes and thus reduce their consumption through the non-economic instruments route.

Quantifying the impact of exogenous non-economic factors on UK transport oil demand

Energy Technology Data Exchange (ETDEWEB)

Broadstock, David C.; Hunt, Lester C. [Surrey Energy Economics Centre (SEEC) and Research Group on Lifestyles Values and Environment (RESOLVE), Department of Economics, University of Surrey, Guildford, Surrey GU2 7XH (United Kingdom)

2010-03-15

This paper attempts to quantify the impact of exogenous non-economic factors on UK transport oil demand (in addition to income, price, and fuel efficiency) by estimating the demand relationship for oil transport for 1960-2007 using the structural time series model. From this, the relative impact on UK transport oil demand from income, price, and efficiency are quantified. Moreover, the relative impact of the non-economic factors is also quantified, based on the premise that the estimated stochastic trend represents behavioural responses to changes in socio-economic factors and changes in lifestyles and attitudes. The estimated elasticities for income, price and efficiency are 0.6, -0.1, and -0.3, respectively, and it is shown that for efficiency and price the overall contribution is relatively small, whereas the contribution from income and non-economic factors is relatively large. This has important implications for policy makers keen to reduce transport oil consumption and associated emissions, but not willing to reduce the trend rate of economic growth. Taxes and improved efficiency only have a limited impact; hence, a major thrust of policy should perhaps be on educating and informing consumers to persuade them to change their lifestyle and attitudes and thus reduce their consumption through the non-economic instruments route. (author)

Economic impact of university veterinary diagnostic laboratories: A case study.

Science.gov (United States)

Schulz, Lee L; Hayes, Dermot J; Holtkamp, Derald J; Swenson, David A

2018-03-01

Veterinary diagnostic laboratories (VDLs) play a significant role in the prevention and mitigation of endemic animal diseases and serve an important role in surveillance of, and the response to, outbreaks of transboundary and emerging animal diseases. They also allow for business continuity in livestock operations and help improve human health. Despite these critical societal roles, there is no academic literature on the economic impact of VDLs. We present a case study on the economic impact of the Iowa State University Veterinary Diagnostic Laboratory (ISUVDL). We use economic contribution analysis coupled with a stakeholder survey to estimate the impact. Results suggest that the ISUVDL is responsible for $2,162.46 million in direct output, $2,832.45 million in total output, $1,158.19 million in total value added, and $31.79 million in state taxes in normal years. In an animal health emergency this increases to $8,446.21 million in direct output, $11,063.06 million in total output, $4,523.70 million in total value added, and $124.15 million in state taxes. The ISUVDL receives $4 million annually as a direct state government appropriation for operating purposes. The $31.79 million in state taxes in normal years and the $124.15 million in state taxes in an animal health emergency equates to a 795% and 3104% return on investment, respectively. Estimates of the economic impact of the ISUVDL provide information to scientists, administrators, and policymakers regarding the efficacy and return on investment of VDLs. Copyright © 2018 Elsevier B.V. All rights reserved.

ECONOMIC IMPACT OF CALF MORTALITY ON DAIRY FARMS IN KUWAIT

Directory of Open Access Journals (Sweden)

M. A. RAZZAQUE, M. BEDAIR, S. ABBAS AND T. AL-MUTAWA

2009-07-01

Full Text Available Objective of this study was to investigate the economic impact of mortality of pre-weaned calves on dairy cattle enterprise in Kuwait. Cost/benefit analysis model was applied to two different situations: in the first situation, a baseline scenario, field survey data without intervention using 1,280 newborn calves was used in first calving season. In the second situation, the intervention scenario (improved management, 665 newborn calves were used in second calving season during the following year. Calving seasons extended for 7 months from September to March. Calf performance studies were conducted from birth to weaning. Economic model was constructed on Microsoft Excel and used to evaluate the impact of calf mortality on calf enterprise. Results showed that gross margins increased from 13 to 35% as a result of implementation of intervention measures during the second calving season over baseline scenario. A significant correlation between increased veterinary expenses and an increase in revenues (r2 = 0.65, P<0.05 was observed. If the intervention measures such as colostrum feeding, nutrition and hygiene had not been implemented, the farms would have lose income from 12 to 51% of the gross revenues. Net income was influenced by costs of feeds, veterinary services and laborers. Discounted cash flow studies on a whole farm basis revealed that the impact of interventions was small (0-3%. Calf mortality could not be isolated from whole farm for assessing its impact on dairy farm economics. Economic studies demonstrated the cost/benefits of using the improved techniques of calf rearing.

State regulation as a tool for improving the economic security of the regions

Directory of Open Access Journals (Sweden)

Yu. M. Sokolinskaya

2017-01-01

Full Text Available Providing economic security for the development of regions, increasing their competitiveness, risk-free and sustainable activities are the main tasks of the regional program of social and economic development, which occupies a special place in the system of instruments for public management of these processes. The program of social and economic development is a unique strategy of the region aimed at security and optimization of the spatial structure and relations between the center and the regions in order to ensure economic security and growth by maximizing the effective use of existing internal and external factors. The institutional influence of the state in order to improve the economic security of regions and enterprises occurs palliatively when the business of the region is supported in direct – subsidies, and more often indirectly – compliance with the laws and regulations of the Russian Federation and the region, on the principles of institutional and market synergies. Adaptation of enterprises in the region to the market is difficult, when specific socio-organizational, economic, technical and technological, scientific, information activities in their interrelations function in the field of Russian laws. The search for ways to improve the economic security of the Russian Federation, regions and enterprises takes place in the context of global integration through the improvement of the mechanism of state regulation. An important task of the current stage of economic security of the country and regions is the construction of a system of its institutional organization that would be able to balance the levers of government with the opportunities of private enterprises, provide a quality level of providing the business with protection from terrorism, predation, financial risks, legal competition etc.

Soybean Trade: Balancing Environmental and Socio-Economic Impacts of an Intercontinental Market.

Science.gov (United States)

Boerema, Annelies; Peeters, Alain; Swolfs, Sanne; Vandevenne, Floor; Jacobs, Sander; Staes, Jan; Meire, Patrick

2016-01-01

The trade in soybean, an important animal feed product, exemplifies the environmental and socio-economic impact of global markets and global agricultural policy. This paper analyses the impact of increasing production of soybean in the exporting countries (deforestation and grassland conversion) as well as in importing regions (decrease in permanent grassland by substitution of grass as feed). Ecosystem services monetary values were used to calculate the environmental and socio-economic impact of observed land use changes. This is balanced against the economic value of the global soybean trade. The results prove that consumption choices in one region have real effects on the supply of ecosystem services at a large spatial scale. Conclusively, solutions to make this global market more sustainable are discussed.

Soybean Trade: Balancing Environmental and Socio-Economic Impacts of an Intercontinental Market.

Directory of Open Access Journals (Sweden)

Annelies Boerema

Full Text Available The trade in soybean, an important animal feed product, exemplifies the environmental and socio-economic impact of global markets and global agricultural policy. This paper analyses the impact of increasing production of soybean in the exporting countries (deforestation and grassland conversion as well as in importing regions (decrease in permanent grassland by substitution of grass as feed. Ecosystem services monetary values were used to calculate the environmental and socio-economic impact of observed land use changes. This is balanced against the economic value of the global soybean trade. The results prove that consumption choices in one region have real effects on the supply of ecosystem services at a large spatial scale. Conclusively, solutions to make this global market more sustainable are discussed.

AASA Survey: Impact of the Economic Downturn on School Jobs

Science.gov (United States)

AASA, The School Superintendent's Association, 2009

2009-01-01

As part of an ongoing effort to gauge how school districts across the country are responding to the current economic downturn, the American Association of School Administrators (AASA) continues to assess various measures of economic impact. Earlier AASA surveys addressed trends in districts' initial responses to the downturn, districts'…

The Impact of Education Investment on Sri Lankan Economic Growth

Science.gov (United States)

Ganegodage, K. Renuka; Rambaldi, Alicia N.

2011-01-01

We evaluate the contribution of investment on education to Sri Lanka's economic growth during the period 1959-2008. Physical capital, economic policy changes and the ethnic war are also evaluated due to their substantial importance. This study uses a framework encompassing both the neoclassical and endogenous growth model. The impact of education…

The economic and financial crisis: impacts on energy balances and prices

International Nuclear Information System (INIS)

Hyafil, Antoine

2009-01-01

The current economic crisis finds its origin in the existence of a global market for human capital, without unified prices: the development of a debt economy in Western countries can be regarded as an attempt to maintain economic growth in spite of the resulting pressure on labor wages. While the sub-prime crisis has shown the limits of such an attempt, the author believes that debt driven economic growth will continue to prevail in Western countries until price imbalances on the global market for human capital are resolved. This probably implies a substitution of public to private debt, and of private consumption to public investment with the resulting implications on public deficits, supply and demand, and relative prices. Energy prices will be sensitive to public spending's both mechanical impact on economic growth and qualitative impact on energy efficiency

Green Jobs in Tennessee: Economic Impact of Green Investments

OpenAIRE

Murat Arik

2011-01-01

The term green jobs has been widely used to describe jobs in businesses that are particularly related to renewable energy, energy efficiency, or environmental sustainability. The Business and Economic Research Center has partnered with the Tennessee Department of Labor and Workforce Development to estimate the economic impact of six ground-breaking green investments in Tennessee: Hemlock Semiconductor, Wacker Chemie AG, Volkswagen, Nissan Leaf and Storage Battery Manufacturing, Tennessee Sola...

Economic impact assessment of invasive plant pests in the European Union

NARCIS (Netherlands)

Soliman, T.A.A.

2012-01-01

According to the International Plant Protection Convention (IPPC) and the Agreement on the Application of Sanitary and Phytosanitary measures (SPS Agreement) of the World Trade Organization (WTO), phytosanitary measures should be economically justifiable. The economic impact assessments within a

Conversion to organic wine production: exploring the economic performance impacts

OpenAIRE

Nisén, Pia

2014-01-01

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

Economic Impacts of Future Changes in the Energy System - Global Perspectives

DEFF Research Database (Denmark)

Glynn, James; Fortes, Patrícia; Krook-Riekkola, Anna

2015-01-01

climate change. This chapter summarises modelling methodologies developed in the ETSAP community to assess economic impacts of decarbonising energy systems at a global level. The next chapter of this book focuses on a national perspective. The range of economic impacts is regionally dependent upon...... the stage of economic development, the level of industrialisation, energy intensity of exports, and competition effects due to rates of relative decarbonisation. Developed nation’s decarbonisation targets are estimated to result in a manageable GDP loss in the region of 2 % by 2050. Energy intensive export...... driven developing countries such as China and India, and fossil fuel exporting nations can expect significantly higher GDP loss of up to 5 % GDP per year by mid-century....

The Impact of Public Spending on Regional Economic Dynamics

Directory of Open Access Journals (Sweden)

Henry Antonio Mendoza Tolosa

2014-01-01

Full Text Available The impact that public spending and investment have upon economic growth in the departments of Colombia is examined using the results of national accounts for the years 2000-2011. Figures for departmental production by activity, along with change over the period and information for the gross public capital are brought together to create a statistical model to assess effects. A data panel model is chosen to relate the existing differences between departments and compare the impact of spending and investment between departments using the available information. Results indicate that public spending and investment play an important role in departmental economic dynamic and that its effect is greater in larger and wealthier departments.

Economic impact of primary open-angle glaucoma in Australia.

Science.gov (United States)

Dirani, Mohamed; Crowston, Jonathan G; Taylor, Penny S; Moore, Peter T; Rogers, Sophie; Pezzullo, M Lynne; Keeffe, Jill E; Taylor, Hugh R

2011-01-01

Glaucoma is the World's leading cause of irreversible blindness, and poses serious public health and economic concerns.   Review. Published randomized trials and population-based studies since 1985. We report the economic impact of primary open-angle glaucoma and model the effect of changes in detection rates and management strategies. The cost-effectiveness of different interventions to prevent vision loss from primary open-angle glaucoma was measured in terms of financial cost (Australian dollars) and disability-adjusted life years. The prevalence of glaucoma in Australia is expected to increase from 208 000 in 2005 to 379 000 in 2025 because of the aging population. Health system costs over the same time period are estimated to increase from $AU355 million to $AU784 million. Total costs (health system costs, indirect costs and costs of loss of well-being) will increase from $AU1.9 billion to $AU4.3 billion in Australia. Primary open-angle glaucoma poses a significant economic burden, which will increase substantially by 2025. This dynamic model provides a valuable tool for ongoing policy formulation and determining the economic impact of interventions to better prevent visual impairment and blindness from glaucoma. © 2011 The Authors. Clinical and Experimental Ophthalmology © 2011 Royal Australian and New Zealand College of Ophthalmologists.

The Impact of Economic Agents Perceptions on Stock Price Volatility

Directory of Open Access Journals (Sweden)

Jaroslav Bukovina

2015-01-01

Full Text Available This paper studies perceptions of economic subjects and its impact on stock prices. Perceptions are represented by stock market indexes and Facebook activity. The contribution of this paper is twofold. In the first place, this paper analyzes the unique data of Facebook activity and proposes the methodology for employment of social networks as a proxy variable which represents the perceptions of information in society related to the specific company. The second contribution is the proposal of potential link between social network principles and theories of behavioral economics. Overall, the author finds the negative impact of Facebook activity on stock prices and the positive impact of stock market indices. The author points the implications of findings to protection of company reputation and to investment strategy based on the existence of undervalued stocks.

A Framework for Assessing the Social and Economic Impact of Sustainable Investments

Directory of Open Access Journals (Sweden)

Räikkönen Minna

2016-09-01

Full Text Available Investments towards sustainable development are vital for the future and they must be carefully planned to deliver immediate and long-term benefits. Hence, the ability to communicate the forms of impact of sustainable investments to local societies, people, investors and other stakeholders can provide a competitive advantage. However, the assessments are often under pressure to demonstrate short-term effects rather than emphasise the long-term impact. In addition, indirect and intangible forms of impacts should not be measured solely in economic terms. This paper proposes an assessment framework to support the integrated economic and social impact assessment of sustainable investments aimed at improving physical and socio-economic wellbeing. The framework is demonstrated in two case studies: new construction and renovation investments in affordable housing and social impact investment in sustainable development. The investments in the case studies are evaluated, selected and prioritized not only in terms of money but also with regard to sustainability, social acceptability and their overall impact on society, as a whole. The results indicate that a systematic integrated assessment of monetary and non-monetary factors can be successfully combined with the sustainable development decisions.

The socio-economic impacts of Singaporean cross-border tourism in Malaysia and Indonesia

OpenAIRE

Hampton, Mark P.

2009-01-01

Cross-border tourism is often proposed by governments as an incentive for economic growth, but critics have suggested that its impacts are, in fact, overplayed. This paper\\ud presents research in the Indonesia-Malaysia-Singapore Growth Triangle. It presents a study of Singaporean cross-border tourism to its neighbours and discusses its\\ud economic impacts in two locations: Kukup, a traditional fishing village in Malaysia; and Bintan island in Indonesia. The project examined the broad economic...

Broad economic impact of nuclear power

International Nuclear Information System (INIS)

1992-01-01

The decision to adopt, expand or reject a nuclear programme has implications that go beyond economic considerations limited to the cost of electricity produced. This report attempts to illustrate the treatment of macroeconomic factors in the decision-making process of various countries, and discusses the macroeconomic impacts of nuclear power, such as employment, balance of payments, security of supply, as well as environmental, health and socio-cultural issues. 274 refs., 14 figs., 14 tabs., 9 appendices

The economic impact of military expenditures

OpenAIRE

Landau, Daniel

1993-01-01

The author addresses three questions about military spending in developing countries: What are the levels of (and trends in) military spending as a percentage of gross national product? What impact does peacetime military spending have on growth, government spending on social welfare and infrastructure, and other key economic variables? What major factors influence the level of military spending? The author finds that military spending as a share of GNP generally fell in the 1980s, even in th...

Made in Denmark 2014 - Evaluation of Spectator Experience and Tourism Economic Impacts

DEFF Research Database (Denmark)

Toft, Henrik; Zahle Østergaard, Mads

2015-01-01

This report is a translation of the impact analysis of the golf tournament, Made in Denmark, which was held in August 2014. The content of the report is divided into two sub-parts. The first part is an analysis of the spectator experience and how well the experience of being at this event was ass...... was asssessed by the spectators. The second part is a tourism economic impact analysis which purpose is to analyse, evaluate and assess the economic impact this event had on the local area where it was held....

Economic and Legal Aspects of Air Transport in Turkey

Directory of Open Access Journals (Sweden)

Gisoo Mihandoust

2017-12-01

Full Text Available The aviation sector has highlighted the importance of economic and legal regulations in conjunction with the changes in the conditions of competition with the acceleration of globalization. The regulations in the aviation sector directly or indirectly affect the airline operators, which is critical as a result of its effects on the economic systems of the countries. Legal responsibilities in terms of influencing passenger rights and competition law issues; has a natural impact on shaping aviation regulations, sector dynamics and competitive conditions which is effecting the dynamic structure of the sector. This study aims to examine the economic and legal aspects of air transportation carried out in Turkey and to contribute to the literature as a result of the researches.

Assessment of the Value, Impact, and Validity of the Jobs and Economic Development Impacts (JEDI) Suite of Models

Energy Technology Data Exchange (ETDEWEB)

Billman, L.; Keyser, D.

2013-08-01

The Jobs and Economic Development Impacts (JEDI) models, developed by the National Renewable Energy Laboratory (NREL) for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE), use input-output methodology to estimate gross (not net) jobs and economic impacts of building and operating selected types of renewable electricity generation and fuel plants. This analysis provides the DOE with an assessment of the value, impact, and validity of the JEDI suite of models. While the models produce estimates of jobs, earnings, and economic output, this analysis focuses only on jobs estimates. This validation report includes an introduction to JEDI models, an analysis of the value and impact of the JEDI models, and an analysis of the validity of job estimates generated by JEDI model through comparison to other modeled estimates and comparison to empirical, observed jobs data as reported or estimated for a commercial project, a state, or a region.

The impact of electricity supply on economic growth in Sri Lanka

International Nuclear Information System (INIS)

Morimoto, R.; Hope, C.

2006-01-01

World net electricity consumption is expected to double over the next two decades. With increasing demand, electricity shortages will be prevalent, particularly in developing countries. An adequate and regular power supply would support economic growth in developing countries. Previous studies have demonstrated a strong correlation between electricity use and economic development. Studies have shown that there is a bi-directional causal relationship between gross domestic product and electricity consumption in Taiwan for the period 1954 to 1997. In order to examine the impact of electricity supply on economic growth in Sri Lanka, this paper presented the results of a study that applied Yang's model, using a simple regression analysis. The paper presented the methodology and estimation results. The study incorporated a cost benefit analysis model which assessed the economic, social and environmental impacts of dam projects in Sri Lanka. It was concluded that the application of Yang's regression analysis is one possible approach to estimate a better range for the expected increase in economic output parameter. 14 refs., 1 tab., 3 figs

Evaluating the economic impact of casino liberalization in Macao.

Science.gov (United States)

Zheng, Victor; Hung, Eva P W

2012-09-01

This paper aims to evaluate the economic impact after Macao decided to liberalize its gaming industry. By analysing both objective data of official statistics and subjective data of the perceptions of quality of life, we painted a picture of mixed blessings. Although objective indicators showed strong economic growth in terms of a rise in per capita GDP and public revenue as well as a decline in unemployment rate, subjective indicators revealed that local residents were less than optimistic about their own employment outlook and did not perceive any improvement in their overall economic situation. While casino liberalization brought forth tremendous economic gain, the general population did not subjectively feel the benefits. An integrative analysis of both objective and subjective indicators would therefore allow us to look closer how residents' lives in the micro-level could have been adversely affected by the prosperous economic outlook at the macro-level.

Jobs and Economic Development Impact (JEDI) Model: Offshore Wind User Reference Guide

Energy Technology Data Exchange (ETDEWEB)

Lantz, E.; Goldberg, M.; Keyser, D.

2013-06-01

The Offshore Wind Jobs and Economic Development Impact (JEDI) model, developed by NREL and MRG & Associates, is a spreadsheet based input-output tool. JEDI is meant to be a user friendly and transparent tool to estimate potential economic impacts supported by the development and operation of offshore wind projects. This guide describes how to use the model as well as technical information such as methodology, limitations, and data sources.

The Economic Impact of Peacekeeping in Burkina Faso: A Motivation to Contribute

Science.gov (United States)

2016-06-10

THE ECONOMIC IMPACT OF PEACEKEEPING IN BURKINA FASO: A MOTIVATION TO CONTRIBUTE? A thesis presented to the Faculty of the U.S. Army...Impact of Peacekeeping in Burkina Faso: A Motivation to Contribute? 5a. CONTRACT NUMBER 5b. GRANT NUMBER 5c. PROGRAM ELEMENT NUMBER 6...whole. It also seeks to understand the economic motivations of such a peacekeeping-oriented military strategy. The study shows that Burkina Faso

National and regional economic impacts of electricity production from energy crops in the Netherlands

NARCIS (Netherlands)

Vlasblom, J.; Broek, R. van den; Meeusen-van Onna, M.

1998-01-01

Besides the known environmental benefits, national and regional economic impacts may form additional arguments for stimulating government measures in favour of electricity production from energy crops in the Netherlands. Therefore, we compared the economic impacts (at both national and regional

Criteria for comparing economic impact models of tourism

NARCIS (Netherlands)

Klijs, J.; Heijman, W.J.M.; Korteweg Maris, D.; Bryon, J.

2012-01-01

There are substantial differences between models of the economic impacts of tourism. Not only do the nature and precision of results vary, but data demands, complexity and underlying assumptions also differ. Often, it is not clear whether the models chosen are appropriate for the specific situation

A review of economic impact of targeted oral anticancer medications.

Science.gov (United States)

Shen, Chan; Chien, Chun-Ru; Geynisman, Daniel M; Smieliauskas, Fabrice; Shih, Ya-Chen T

2014-02-01

There has been a rapid increase in the use of targeted oral anticancer medications (OAMs) in the past decade. As OAMs are often expensive, economic consideration play a significant role in the decision to prescribe, receive or cover them. This paper performs a systematic review of costs or budgetary impact of targeted OAMs to better understand their economic impact on the healthcare system, patients as well as payers. We present our review in a summary table that describes the method and main findings, take into account multiple factors, such as country, analytical approach, cost type, study perspective, timeframe, data sources, study population and care setting when we interpret the results from different papers, and discuss the policy and clinical implications. Our review raises a concern regarding the role of sponsorship on findings of economic analyses as the vast majority of pharmaceutical company-sponsored studies reported cost advantages toward the sponsor's drugs.

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

Directory of Open Access Journals (Sweden)

OANA SIMONA HUDEA (CARAMAN

2012-05-01

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

The Use of Economic Impact Studies as a Service Learning Tool in Undergraduate Business Programs

Science.gov (United States)

Misner, John M.

2004-01-01

This paper examines the use of community based economic impact studies as service learning tools for undergraduate business programs. Economic impact studies are used to measure the economic benefits of a variety of activities such as community redevelopment, tourism, and expansions of existing facilities for both private and public producers.…

Economic Impacts from Indiana's First 1,000 Megawatts of Wind Power

Energy Technology Data Exchange (ETDEWEB)

Tegen, S.; Keyser, D.; Flores-Espino, F.; Hauser, R.

2014-08-01

The magnitude of Indiana's available wind resource indicates that the development of wind power infrastructure has the potential to support millions of dollars of economic activity in the state. The Jobs and Economic Development Impact (JEDI) models, developed by the National Renewable Energy Laboratory, are tools used to estimate some of the economic impacts of energy projects at the state level. JEDI calculates results in the form of jobs, earnings, and economic output in three categories: project development and onsite labor, local revenue and supply chain, and induced impacts. According to this analysis, the first 1,000 MW of wind power development in Indiana (projects built between 2008 and 2011): supported employment totaling more than 4,400 full-time-equivalent jobs in Indiana during the construction periods; supports approximately 260 ongoing Indiana jobs; supported nearly $570 million in economic activity for Indiana during the construction periods; supported and continues to support nearly $40 million in annual Indiana economic activity during the operating periods; generates more than $8 million in annual property taxes; generates nearly $4 million annually in income for Indiana landowners who lease their land for wind energy projects.

Estimates of the long-term U.S. economic impacts of global climate change-induced drought.

Energy Technology Data Exchange (ETDEWEB)

Ehlen, Mark Andrew; Loose, Verne W.; Warren, Drake E.; Vargas, Vanessa N.

2010-01-01

While climate-change models have done a reasonable job of forecasting changes in global climate conditions over the past decades, recent data indicate that actual climate change may be much more severe. To better understand some of the potential economic impacts of these severe climate changes, Sandia economists estimated the impacts to the U.S. economy of climate change-induced impacts to U.S. precipitation over the 2010 to 2050 time period. The economists developed an impact methodology that converts changes in precipitation and water availability to changes in economic activity, and conducted simulations of economic impacts using a large-scale macroeconomic model of the U.S. economy.

Economic analysis of nuclear energy

Energy Technology Data Exchange (ETDEWEB)

Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S

1999-12-01

The objective of this study is to analyze how the economics of nuclear power generation are affected by the change in nuclear environmental factors and then, to suggest desirable policy directions to improve the efficiency of the use of nuclear energy resources in korea. This study focused to analyze the impact of the change in 3 major nuclear environmental factors in Korea on the economics of nuclear power generation. To do this, environmental external cost, nuclear R and fund, and carbon emission control according to UNFCCC were selected as the major factors. First of all, this study evaluated the impacts on the health and the environment of air pollutants emitted from coal power plant and nuclear power plant, two major electric power generating options in Korea. Then, the environmental external costs of those two options were estimated by transforming the health and environmental impact in to monetary values. To do this, AIRPACTS and 'Impacts of atmospheric release' model developed by IAEA were used. Secondly, the impact of nuclear R and D fund raised by the utility on the increment of nuclear power generating cost was evaluated. Then, the desirable size of the fund in Korea was suggested by taking into consideration the case of Japan. This study also analyzed the influences of the fund on the economics of nuclear power generation. Finally, the role of nuclear power under the carbon emission regulation was analyzed. To do this, the econometric model was developed and the impact of the regulation on the national economy was estimated. Further efforts were made to estimate the role by developing CGE model in order to improve the reliability of the results from the econometric model.

Guide to the economic regulation of the electricity industry

International Nuclear Information System (INIS)

Brough, M.; Lobban, S.

1995-09-01

This document is the fist edition of OXERA's Guide to the Economic Regulation of the Electricity Industry in the UK. It is primarily intended as a work of reference, summarising the key statutory controls of the industry and the most important features of the companies' licences. The main features of the guide are as follows. It provides comprehensive coverage of the institutional and legal framework which defines the regulation of the industry. The roles of the key players are explained and a condensed account of all the relevant legal documents is given. It aims to bring the reader up to date with current regulatory issues and possible developments in the industry. It presents the information in a clear and concise form. The emphasis is on identifying and highlighting the key points in each area so that readers can rapidly familiarise themselves with the subject matter. It does not examine the process by which businesses are valued and the various price caps are set. These are issues which are best approached within the context of utility regulation in general. (author)

Multi-Attribute Modelling of Economic and Ecological Impacts of Cropping Systems

NARCIS (Netherlands)

Bohanec, M.; Dzeroski, S.; Znidarsic, M.; Messéan, A.; Scatasta, S.; Wesseler, J.H.H.

2004-01-01

Modelling of economic and ecological impacts of genetically modified crops is a demanding task. We present some preliminary attempts made for the purpose of the ECOGEN project "Soil ecological and economic evaluation of genetically modified crops". One of the goals of the project is to develop a

78 FR 47317 - Intent To Conduct a Detailed Economic Impact Analysis

Science.gov (United States)

2013-08-05

... EXPORT-IMPORT BANK OF THE UNITED STATES Intent To Conduct a Detailed Economic Impact Analysis This... route service within China and from China to various regional and international destinations... to economic[email protected] or by mail to 811 Vermont Avenue NW., Room 442, Washington, DC 20571...

Quantitative assessment of social and economic impact of African swine fever outbreaks in northern Uganda.

Science.gov (United States)

Chenais, Erika; Boqvist, Sofia; Emanuelson, Ulf; von Brömssen, Claudia; Ouma, Emily; Aliro, Tonny; Masembe, Charles; Ståhl, Karl; Sternberg-Lewerin, Susanna

2017-09-01

African swine fever (ASF) is one of the most important pig diseases, causing high case fatality rate and trade restrictions upon reported outbreaks. In Uganda, a low-income country with the largest pig population in East Africa, ASF is endemic. Animal disease impact is multidimensional and include social and economic impact along the value chain. In low-income settings, this impact keep people poor and push those that have managed to escape poverty back again. If the diseases can be controlled, their negative consequences can be mitigated. However, to successfully argue for investment in disease control, its cost-benefits need to be demonstrated. One part in the cost-benefit equations is disease impact quantification. The objective of this study was therefore to investigate the socio-economic impact of ASF outbreaks at household level in northern Uganda. In a longitudinal study, structured interviews with two hundred, randomly selected, pig-keeping households were undertaken three times with a six month interval. Questions related to family and pig herd demographics, pig trade and pig business. Associations between ASF outbreaks and economic and social impact variables were evaluated using linear regression models. The study showed that pigs were kept in extreme low-input-low-output farming systems involving only small monetary investments. Yearly incidence of ASF on household level was 19%. Increasing herd size was positively associated with higher economic output. The interaction between ASF outbreaks and the herd size showed that ASF outbreaks were negatively associated with economic output at the second interview occasion and with one out of two economic impact variables at the third interview occasion. No significant associations between the social impact variables included in the study and ASF outbreaks could be established. Trade and consumption of sick and dead pigs were coping strategies used to minimize losses of capital and animal protein. The results

On the macro-economic impacts of climate change under informational failures

OpenAIRE

CAO, Ruixuan; Gohin, Alexandre

2012-01-01

Although the sources, extent and physical impacts of the future climate change are highly uncertain, available dynamic economic assessments implicitly assume that economic agents perfectly know them. Perfect foresight, rational expectations or active learning are standard assumptions underlying simulated results. To the contrary, this paper builds on the assumption that economic agents may suffer for a while from limited knowledge about the average and variability of physical impa...

IMPACTS OF FOREIGN INVESTMENT ON ECONOMIC GROWTH IN TRANSITION COUNTRIES

Directory of Open Access Journals (Sweden)

Siniša Bosanac

2016-12-01

Full Text Available The current global economic crisis raises many questions and the most important imperative is to find solutions and recover the world economy. Neoliberalism as a cause of the crisis has shown fundamental shortcomings and proved that the market is an imperfect self-regulating system. At the present time in the media, politicians and some economists mention foreign direct investment (FDI as a life-saving solution for economic problems and economic growth. The analysis of the economic indicators proved that FDI cannot be, to the necessary extent, a generator of economic growth and that development of each country should be based on endogenous components. The development of critical thinking and questioning of the neoliberal concept, especially with today's time distance through comparisons of indicators such as economic growth, absence of inflation, employment and the export-import ratio, has revealed major systemic defects of the market fundamentalist policies. A strong indicator and argument to this thesis is particularly evident in the industrial production indexes, in the number of industrial workers and in the share of industry in GDP of transition countries.

Impact of mining projects on the socio-economics of the region

International Nuclear Information System (INIS)

Rao, K.R.; Yerpude, R.R.

1994-01-01

Mining of mineral deposits, if exploited economically, would generate prospects of significant employment of non-inflationary nature, in developing countries. Exploitation of remotely located mineral deposits contributes in developing inaccessible regions thereby improving socio-economics of the region benefiting the local inhabitants and supplementing the efforts towards national integration. However, an indifferent attitude of the project management towards environment and welfare of local population will result in clash of interests and perpetual litigations which not only impede progress of the project but also lead to law and order problems. A precondition for successful implementation of any project is to understand the possible impact it has, on the socio-economics of the region and educate the local inhabitants to derive optimum advantage from the project. In this paper, two cases of mining projects, one located remotely and the other close to a well developed city are studied and their impact on the socio-economics of the respective regions is presented. 5 refs., 2 figs., 1 tab

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

Science.gov (United States)

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

2016-04-05

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

The economic impact of revision otologic surgery.

Science.gov (United States)

Nadimi, Sahar; Leonetti, John P; Pontikis, George

2016-03-01

Revision otologic surgery places a significant economic burden on patients and the healthcare system. We conducted a retrospective chart analysis to estimate the economic impact of revision canal-wall-down (CWD) mastoidectomy. We reviewed the medical records of all 189 adults who had undergone CWD mastoidectomy performed by the senior author between June 2006 and August 2011 at Loyola University Medical Center in Maywood, Ill. Institutional charges and collections for all patients were extrapolated to estimate the overall healthcare cost of revision surgery in Illinois and at the national level. Of the 189 CWD mastoidectomies, 89 were primary and 100 were revision procedures. The total charge for the revision cases was $2,783,700, and the net reimbursement (collections) was $846,289 (30.4%). Using Illinois Hospital Association data, we estimated that reimbursement for 387 revision CWD mastoidectomies that had been performed in fiscal year 2011 was nearly $3.3 million. By extrapolating our data to the national level, we estimated that 9,214 patients underwent revision CWD mastoidectomy in the United States during 2011, which cost the national healthcare system roughly $76 million, not including lost wages and productivity. Known causes of failed CWD mastoidectomies that often result in revision surgery include an inadequate meatoplasty, a facial ridge that is too high, residual diseased air cells, and recurrent cholesteatoma. A better understanding of these factors can reduce the need for revision surgery, which could have a positive impact on the economic strain related to this procedure at the local, state, and national levels.

Economic and environmental impacts of a hypothetical global GMO ban

OpenAIRE

Mahaffey, Harrison H

2016-01-01

The objective of this research is to assess the global economic and greenhouse gas emission impacts of GMO crops. This is done by modeling two counterfactual scenarios and evaluating them apart and in combination. The first scenario models the impact of a global GMO ban. The second scenario models the impact of increased GMO penetration. The focus is on the price and welfare impacts, and land use change greenhouse gas (GHG) emissions associated with GMO technologies. Much of the prior work on...

Measuring Multi-Membership in Economic Integration and Its Trade Impact

DEFF Research Database (Denmark)

Afesorgbor, Sylvanus Kwaku; van Bergeijk, Peter A.G.

2014-01-01

impact in two major African regional blocs, Economic Community of West Africa States (ECOWAS) and Southern Africa Development Community (SADC). We find that the impact of multi-membership critically depends on the characteristics of the multi-membership of regional integration initiatives. We find...... a positive impact if an additional membership complements the integration process of the original regional integration initiative: overlapping memberships had a much stronger and significant positive effect on bilateral trade within ECOWAS compare with an insignificant impact within the SADC....

Examining the impacts of oil price changes on economic indicators: A panel approach

Science.gov (United States)

Lim, Kah Boon; Sek, Siok Kun

2017-04-01

The impact of oil price on global economy is evident from many studies and research findings. In this study, we extend the research on examining the impact of oil price changes on economic indicators in terms of economic growth and inflation by comparing different groups of economies (high income versus low income countries and oil importing versus oil exporting countries). Our main objective is to reveal if such impact varies across country income level/ development and oil dependency. In addition, we also seek to compare the impacts of oil price relative to the other factors indicators (money supply, foreign direct investment, exchange rate, government expenditure, inflation and gross domestic product) on economy. For the purpose of this study, the co-integration regression (DOLS and FMOLS) techniques are applied to the panel dataset of four groups of economies which contain 10 countries in each panel dataset. The analysis results show that oil price is not the main determinant although it can have a significant impact on inflation and economic growth across all groups of economies. The three main determinants of economic growth are exchange rate, aggregate demand and government expenditure while the determinants of inflation are aggregate supply and exchange rate. Furthermore, our result also concludes that oil price has a positive impact in oil exporting economies but it shows a negative impact in oil importing economies due to the oil dependency factor.

Assessing economic and demographic impacts of intermodal transportation systems.

Science.gov (United States)

2010-08-14

There exists a large literature of transportation impacts on economic and demographic change. Prior studies have focused on single modes of transportation individually rather than integrating these modes. Yet, little work has been undertaken to study...

The Impact of Functional Literacy on Socio-Economic Lives

African Journals Online (AJOL)

Elizabeth

Agona District of Ghana using an Interview Guide on the Impact of Functional. Literacy Programme on ... economic growth and the quality of formal education provided to their citizens (Thompson, 1981). ..... References. Abadze, H. (1994) Adult ...

ANALYSIS AND PARTICULARITIES OF EXTERNAL FACTORS IMPACT ON ECONOMICAL RESULTS OF STRATEGIC OBJECTS PLANNING DEVELOPMENT

Directory of Open Access Journals (Sweden)

V. V. Gromov

2015-01-01

Full Text Available Summary. The relevance of the scientific problem described in the article are: to determine changes in economic performance, the effectiveness of the sectoral components of the service sector from the effects of environmental factors, which allows them to reach the planned long-term economic performance; management decision-making about structural and organizational changes, implementation of investment projects in the renovation and modernization of fixed capital, the creation of technology, process and product innovations directly connected with the impact analysis of such external factors as economic, socio-cultural, legal, political, innovative. The structure of the article is formed on the basis of presentation of the impact of specific groups of environmental factors on the competitiveness and economic performance of industry components of services based on the technology of strategic planning; complience of logical sequence of presentation of materials, establishing a causal relationship, the interaction of factors and elements of studied problems and objects. Features of external factors impact on the effectiveness of macro-economic entities, sectoral components of services are to the adequacy of the measures and strategies to counter the negative impact on the economic development of the objects of strategic development. Features of status changes and influence of internal factors on local and sectoral socio-economic systems dictate the need for a part of the available resources, the level of efficiency of the use of labor resources, fixed and current assets. The contribution of the author in a scientific perspective of this topic is to carry out a comprehensive analysis of the impact of the main groups of external factors on economic activities of the service sector development; identifying features of internal factors impact on the economic and innovative development of strategic planning objects.

Transboundary smoke haze pollution in Malaysia: Inpatient health impacts and economic valuation

International Nuclear Information System (INIS)

Othman, Jamal; Sahani, Mazrura; Mahmud, Mastura; Sheikh Ahmad, Md Khadzir

2014-01-01

This study assessed the economic value of health impacts of transboundary smoke haze pollution in Kuala Lumpur and adjacent areas in the state of Selangor, Malaysia. Daily inpatient data from 2005, 2006, 2008, and 2009 for 14 haze-related illnesses were collected from four hospitals. On average, there were 19 hazy days each year during which the air pollution levels were within the Lower Moderate to Hazardous categories. No seasonal variation in inpatient cases was observed. A smoke haze occurrence was associated with an increase in inpatient cases by 2.4 per 10,000 populations each year, representing an increase of 31 percent from normal days. The average annual economic loss due to the inpatient health impact of haze was valued at MYR273,000 ($91,000 USD). - Highlights: • Transboundary smoke haze is an annual phenomenon in Malaysia. • No evidence of seasonal factors in smoke haze related inpatient cases. • Inpatient rates during a haze event increased by 31% relative to normal days. • Annual economic loss due to inpatient health impact of haze valued at $91,000. • Present value of economic loss estimated at $1.1 million to $1.7 million. - Inpatient rates soared by 31% while economic loss valued at USD91,000 annually

Economic impact and market analysis of a special event: The Great New England Air Show

Science.gov (United States)

Rodney B. Warnick; David C. Bojanic; Atul Sheel; Apurv Mather; Deepak Ninan

2010-01-01

We conducted a post-event evaluation for the Great New England Air Show to assess its general economic impact and to refine economic estimates where possible. In addition to the standard economic impact variables, we examined travel distance, purchase decision involvement, event satisfaction, and frequency of attendance. Graphic mapping of event visitors' home ZIP...

Economic impact of new active substance status on EU payers' budgets: example of dimethyl fumarate (Tecfidera(®)) for multiple sclerosis.

Science.gov (United States)

Toumi, Mondher; Jadot, Guy

2014-01-01

Recently, collaboration between regulators and payers was set up and was mainly focused on evidence generation along product clinical development. However, neither the regulatory path nor the new active substance status (NASs) was considered. Granting NASs will provide the product with 8 years of data protection and 2 years of market exclusivity during which no generic could enter the market. To review the economic impact (for payers) of NASs granted by the European Medicines Agency (EMA) for dimethyl fumarate (DMF), developed by Biogen and approved for multiple sclerosis (MS) as Tecfidera(®) on 3 February 2014. We reviewed the available DMF-containing products and identified their indication and price through relevant databases and official Web sites. The economic impact of Tecfidera(®) on payers' budgets was calculated assuming NASs was or was not granted. The forecast was identified in Datamonitor. Results identified four products already containing DMF as the main or unique active substance. This would have potentially prevented Tecfidera(®) from being granted NASs. The EMA Committee for Medicinal Products for Human Use (CHMP) denied Tecfidera(®) NASs and, following a company appeal, reversed its position opening as polemic. The impact of that decision has been evaluated at €7 to €10 billion over a 10-year period. NASs is a critical decision because it does have a major budget impact for payers, and it prevents generic competition. Current European Union (EU) regulations on that topic are unclear and open up too many interpretations thus distorting fair trade and affecting payers' bills. Greater clarity and more stringent rules are required to prevent mistrust of this EMA decision.

ECONOMIC CRISIS IMPACT ON COUNTY ALBA HOTEL INDUSTRY

OpenAIRE

MOISA Claudia Olimpia

2012-01-01

The present paper, dominated by the global economic crisis effects is and continues to be a critical time for global tourism industry and for Romanian too. This study tries to play on a particular case, Park Hotel, located in Alba Iulia, the impact of this phenomenon over tourist hotel services.

Economic impact of reduced mortality due to increased cycling.

Science.gov (United States)

Rutter, Harry; Cavill, Nick; Racioppi, Francesca; Dinsdale, Hywell; Oja, Pekka; Kahlmeier, Sonja

2013-01-01

Increasing regular physical activity is a key public health goal. One strategy is to change the physical environment to encourage walking and cycling, requiring partnerships with the transport and urban planning sectors. Economic evaluation is an important factor in the decision to fund any new transport scheme, but techniques for assessing the economic value of the health benefits of cycling and walking have tended to be less sophisticated than the approaches used for assessing other benefits. This study aimed to produce a practical tool for estimating the economic impact of reduced mortality due to increased cycling. The tool was intended to be transparent, easy to use, reliable, and based on conservative assumptions and default values, which can be used in the absence of local data. It addressed the question: For a given volume of cycling within a defined population, what is the economic value of the health benefits? The authors used published estimates of relative risk of all-cause mortality among regular cyclists and applied these to levels of cycling defined by the user to produce an estimate of the number of deaths potentially averted because of regular cycling. The tool then calculates the economic value of the deaths averted using the "value of a statistical life." The outputs of the tool support decision making on cycle infrastructure or policies, or can be used as part of an integrated economic appraisal. The tool's unique contribution is that it takes a public health approach to a transport problem, addresses it in epidemiologic terms, and places the results back into the transport context. Examples of its use include its adoption by the English and Swedish departments of transport as the recommended methodologic approach for estimating the health impact of walking and cycling. Copyright © 2013 World Health Organization. Published by Elsevier Inc. All rights reserved.

THE IMPACT OF CREDIT AND CAPITAL SUPPORTS ON ECONOMIC BEHAVIOR OF FARM HOUSEHOLDS: A HOUSEHOLD ECONOMIC APPROACH

Directory of Open Access Journals (Sweden)

Bernardus Bala de Rosari

2014-07-01

Full Text Available This research aimed at analysing the demand and allocation of credit and capital supports by farm household and impact on production, consumption, and investment. The research was conducted in East Nusa Tenggara Timur (ENT Province, one of targeted region of credit and capital supports policy of the government. Data collection was conducted from April to June 2013 by sampling for 178 households of farmers in Kupang District and Timor Tengah Selatan (TTS District. The result of this research showed that the allocation of credit and capital supports caused increaseof cattle production, consumption expenditure, and investment. The usage of credit and capital supports was depend on economical situation of the household itself. The decision of farm household on using credit and capital supports had impact on overall economical behavior of household, i.e. production, consumption and investment behavior. The transmission use was reciprocally interacted. Finally, the policy of credit and capital supports scheme for farmers should be adjusted with the context of farm household economics.

Socio-economic impacts of nuclear generating stations: D. C. Cook case study

International Nuclear Information System (INIS)

Branch, K.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the D. C. Cook nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Socio-economic impacts of nuclear generating stations: Three Mile Island case study

International Nuclear Information System (INIS)

Flynn, C.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Three Mile Island nuclear power stations. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

The economic impact of Olympic tourism: When, who and how much?

OpenAIRE

Mueller, Martin

2010-01-01

No Olympics could do without exact measuring. In the 100 m sprint race, milliseconds separate winners from losers. But when it comes to measuring the economic benefits of Olympic tourism, figures vary by several billion. How can we get a grip on the economic impact of tourism associated with the Olympics?

The Impact of Foreign Direct Investment on Economic Growth in the ...

African Journals Online (AJOL)

The main objective of this study is to determine the impact of Foreign Direct Investment (FDI) on the economic growth of the countries of the Economic Community of West African States (ECOWAS). The study utilised the fixed effects model to estimate regression coefficients of all ECOWAS countries between 2000 and 2009.

Financial Transaction Tax: Determination of Economic Impact Under DSGE Model

Directory of Open Access Journals (Sweden)

Veronika Solilová

2015-01-01

Full Text Available The discussion about the possible taxation of the financial sector has started in the European Union as a result of the financial crisis which has spread to the Europe from the United States in 2008 and consequently of the massive financial interventions by governments made in favour of the financial sector. On 14 February 2013, after rejection of the draft of the directive introducing a common system of financial transaction tax in 2011, the European Commission introduced the financial transaction tax through enhanced cooperation. The aim of the paper is to research economic impact of financial transaction tax on EU (EU27 or EU11 with respect to the DSGE model which was used for the determination of impacts. Based on our analysis the DSGE model can be considered as underestimated in case of the impact on economic growth and an overestimated in case of the revenue collection. Particularly, the overall impact of the financial transaction tax considering cascade effects of securities (tax rate 2.2% and derivatives (tax rate 0.2% is ranged between −4.752 and 1.472 percent points of GDP. And further, is assumed that the relocation effects of business/trade can be in average 40% causes a decline of expected tax revenues in the amount of 13bn EUR. Thus, at a time of fragile economic growth across the EU and the increased risk of recession in Europe, the introduction of the FTT should be undesirable.

Economic impacts of natural gas flow disruptions between Russia and the EU

International Nuclear Information System (INIS)

Bouwmeester, Maaike C.; Oosterhaven, J.

2017-01-01

In this paper we use a non-linear programming approach to predict the wider interregional and interindustry impacts of natural gas flow disruptions. In the short run, economic actors attempt to continue their business-as-usual and follow established trade patters as closely as possible. In the model this is modelled by minimizing the information gain between the original pattern of economic transactions and the situation in which natural gas flows are disrupted. We analyze four scenarios that simulate Russian export stops of natural gas by means of a model calibrated on an international input-output table with six sectors and six regions. The simulations show that at the lower levels of aggregation considerable effects are found. At the aggregate level of the whole economy, however, the impacts of the four scenarios are negligible for Europe and only a little less so for Russia itself. Interestingly, the effects on the size of the economy, as measured by its GDP, are predominantly positive for the various European regions, but negative for Russia. The effects on the welfare of the populations involved, however, as measured by the size of domestic final demand, have an opposite sign; with predominantly negligible but negative effects for European regions, and very small positive effects for the Russian population. - Highlights: • First application of new model for wider economic impacts of disasters and trade boycotts. • Russian natural gas export stops would have considerable impacts on international gas flows. • Wider economic impacts on the EU are negligible. Those on Russia only a little larger. • Impacts on GDP are positive for the EU and negative for Russia. • Impacts on welfare (domestic final demand) have an opposite sign.

The impact of remittances on economic growth: An econometric model

Directory of Open Access Journals (Sweden)

Dietmar Meyer

2017-05-01

In other words, the econometric analysis will be based on those six remittance receiving countries. The paper is then to review the empirical literature devoted to the impact of remittances on economic growth, in order, to identify empirically if there are significant relationships between remittances and growth in these countries. The results suggest that remittances have a positive impact on growth and that this impact increases at higher levels of remittances relative to GDP.

Economic perspectives on the impact of climate variability and change: A summary report

International Nuclear Information System (INIS)

Timmerman, P.; Grima, A.P.

1988-01-01

A summary is presented of a collection of papers on the economic methodologies applicable to studies of the impact of global climate variability and change. The research was sponsored by the Canadian Climate program and was conducted as part of a project investigating the potential impacts on various sectors of the Canadian economy of climate warming due to the greenhouse effect. Topics of the papers include microeconomic analysis, benefit/cost analysis, input-output analysis, policy options regarding water levels in the Great Lakes, the scenario approach to assessing socio-economic sensitivities to climate change in the agri-food sector, and analysis of weather impacts. Several analytical tools are seen to be readily applicable to economic analyses of the effects of climate change, and issues of future water supply and demand are seen as central to climate impact assessment, and of particular concern to Canada

Global health and economic impacts of future ozone pollution

International Nuclear Information System (INIS)

Selin, N E; Nam, K M; Reilly, J M; Paltsev, S; Prinn, R G; Webster, M D; Wu, S

2009-01-01

We assess the human health and economic impacts of projected 2000-2050 changes in ozone pollution using the MIT Emissions Prediction and Policy Analysis - Health Effects (EPPA-HE) model, in combination with results from the GEOS-Chem global tropospheric chemistry model of climate and chemistry effects of projected future emissions. We use EPPA-HE to assess the human health damages (including mortality and morbidity) caused by ozone pollution, and quantify their economic impacts in sixteen world regions. We compare the costs of ozone pollution under scenarios with 2000 and 2050 ozone precursor and greenhouse gas emissions (using the Intergovernmental Panel on Climate Change (IPCC) Special Report on Emissions Scenarios (SRES) A1B scenario). We estimate that health costs due to global ozone pollution above pre-industrial levels by 2050 will be $580 billion (year 2000$) and that mortalities from acute exposure will exceed 2 million. We find that previous methodologies underestimate costs of air pollution by more than a third because they do not take into account the long-term, compounding effects of health costs. The economic effects of emissions changes far exceed the influence of climate alone.

Economic and social impact of modernization on cultural values

Directory of Open Access Journals (Sweden)

Elena Andreeva

2017-05-01

Full Text Available Our paper focuses on the relevant theoretical economic approaches that allow us to understand the key elements of cultural values. The paper presents a model envisaged to estimate economic and social impact of modernization on cultural values in modern societies. We employ three indices of social and economic development for each level in Russian Federal districts of Moscow and St. Petersburg in order to reveal their impacts on modernization processes. Our data has been collected via the means of a questionnaire and an opinion poll with the purpose of revealing the value guidelines of society in terms of its modernization. Our results reveal the presence of four relevant levels of value orientations: family orientations, global, work, and personal orientations. Our results demonstrate how modernization is perceived in modern societies, in which spheres it is mostly expressed, and how it influences the society. Moreover, we show the determinants of values within four levels of value orientations. Our findings provide estimations of modern attitudes towards social consciousness in the processes of modernization and reveal basic moral principles that could become a background of new system of values used in modernizing modern societies.

A Hydro-Economic Approach to Representing Water Resources Impacts in Integrated Assessment Models

Energy Technology Data Exchange (ETDEWEB)

Kirshen, Paul H.; Strzepek, Kenneth, M.

2004-01-14

Grant Number DE-FG02-98ER62665 Office of Energy Research of the U.S. Department of Energy Abstract Many Integrated Assessment Models (IAM) divide the world into a small number of highly aggregated regions. Non-OECD countries are aggregated geographically into continental and multiple-continental regions or economically by development level. Current research suggests that these large scale aggregations cannot accurately represent potential water resources-related climate change impacts. In addition, IAMs do not explicitly model the flow regulation impacts of reservoir and ground water systems, the economics of water supply, or the demand for water in economic activities. Using the International Model for Policy Analysis of Agricultural Commodities and Trade (IMPACT) model of the International Food Policy Research Institute (IFPRI) as a case study, this research implemented a set of methodologies to provide accurate representation of water resource climate change impacts in Integrated Assessment Models. There were also detailed examinations of key issues related to aggregated modeling including: modeling water consumption versus water withdrawals; ground and surface water interactions; development of reservoir cost curves; modeling of surface areas of aggregated reservoirs for estimating evaporation losses; and evaluating the importance of spatial scale in river basin modeling. The major findings include: - Continental or national or even large scale river basin aggregation of water supplies and demands do not accurately capture the impacts of climate change in the water and agricultural sector in IAMs. - Fortunately, there now exist gridden approaches (0.5 X 0.5 degrees) to model streamflows in a global analysis. The gridded approach to hydrologic modeling allows flexibility in aligning basin boundaries with national boundaries. This combined with GIS tools, high speed computers, and the growing availability of socio-economic gridded data bases allows assignment of

[Economic impact of chronic, acute and global malnutrition in Peru].

Science.gov (United States)

Alcázar, Lorena; Ocampo, Diego; Huamán-Espino, Lucio; Pablo Aparco, Juan

2013-01-01

To estimate the economic impact of chronic, acute and global malnutrition in Peru. This study, through an econometric model, estimated the economic impact of child malnutrition in two time horizons (incidental retrospective and prospective) during 2011, considering malnutrition-associated costs of health, education and productivity for the Peruvian economy. Information collected is a combination of data coming from the Demographic Survey of Family Health, the National Survey of Homes, the 2007 Census of Population and Housing, and public budget information, as well as estimates of risks a child is exposed to due to malnutrition during their first years of life. Nationwide it was found that in the perspective retrospective, the cost of child malnutrition in 2011 was 10,999 million soles, which was equal to 2.2% of GDP for that same year. Prospective costs nationwide, of those who by 2011 were 0 to 59 months, reached 4,505 million soles and represented 0.9% of GDP in 2011. Most cases stem from losses of productivity in both cases. Moreover, malnutrition affects much more both the Andes and jungle regions. The economic impact of child malnutrition represents a significant percentage of GDP, reason for which it is necessary to continue investing equitably in its prevention through participation with proven efficiency.

Consistent economic cross-sectoral climate change impact scenario analysis: Method and application to Austria

Directory of Open Access Journals (Sweden)

Karl W. Steininger

2016-03-01

Full Text Available Climate change triggers manifold impacts at the national to local level, which in turn have various economy-wide implications (e.g. on welfare, employment, or tax revenues. In its response, society needs to prioritize which of these impacts to address and what share of resources to spend on each respective adaptation. A prerequisite to achieving that end is an economic impact analysis that is consistent across sectors and acknowledges intersectoral and economy-wide feedback effects. Traditional Integrated Assessment Models (IAMs are usually operating at a level too aggregated for this end, while bottom-up impact models most often are not fully comprehensive, focusing on only a subset of climate sensitive sectors and/or a subset of climate change impact chains. Thus, we develop here an approach which applies climate and socioeconomic scenario analysis, harmonized economic costing, and sector explicit bandwidth analysis in a coupled framework of eleven (biophysical impact assessment models and a uniform multi-sectoral computable general equilibrium model. In applying this approach to the alpine country of Austria, we find that macroeconomic feedbacks can magnify sectoral climate damages up to fourfold, or that by mid-century costs of climate change clearly outweigh benefits, with net costs rising two- to fourfold above current damage cost levels. The resulting specific impact information – differentiated by climate and economic drivers – can support sector-specific adaptation as well as adaptive capacity building. Keywords: climate impact, local impact, economic evaluation, adaptation

ECONOMIC CRISIS IMPACT ON COUNTY ALBA HOTEL INDUSTRY

Directory of Open Access Journals (Sweden)

MOISA Claudia Olimpia

2012-12-01

Full Text Available The present paper, dominated by the global economic crisis effects is and continues to be a critical time for global tourism industry and for Romanian too. This study tries to play on a particular case, Park Hotel, located in Alba Iulia, the impact of this phenomenon over tourist hotel services.

Economic impacts of the S.S. Glacier Bay oil spill: Social and economic studies. Technical report (Final)

International Nuclear Information System (INIS)

Burden, P.; Isaacs, J.; Richardson, J.; Braund, S.; Witten, E.

1990-11-01

On July 2, 1987, an oil spill occurred in Cook Inlet when the S.S. Glacier Bay hit a submerged obstacle while enroute to Kenai Pipeline Company facilities to offload oil. The 1987 commercial fishery in Cook Inlet was barely underway when the S.S. Glacier Bay oil spill occurred, and the largest salmon return in history was moving up the inlet. The sockeye salmon run alone totaled over 12 million, providing a seasonal catch of 9.25 million salmon. The 1987 sport fishery in Cook Inlet was in mid-season at the time of the spill. The S.S. Glacier Bay oil spill represents an opportunity to study the economic impacts of an oil spill event in Alaska, particularly with regard to commercial fishing impacts and the public costs of cleanup. The report evaluates the existing information on the spill, response measures, and economic impacts, and adds discussions with individuals and groups involved in or affected by the spill to this data base. The report reviewed accounts of the oil spill and its costs; identified types and sources of data, developed protocol, and contacted groups and people for data collection and verification; and described, analyzed, and prepared reports of the economic effects of the S.S. Glacier Bay oil spill

Economic Impact Analyses of Interdisciplinary Multi-hazard Scenarios: ShakeOut and ARkStorm

Science.gov (United States)

Wein, A. M.; Rose, A.; Sue Wing, I.; Wei, D.

2011-12-01

U. S. Geological Survey (USGS) scientists are using an interdisciplinary strategy to develop and analyze multi-hazard scenarios to help communities enhance resilience to natural hazard disasters. Two such scenarios are the southern California ShakeOut earthquake and the California ARkStorm winter storm. Both scenarios are multi-hazard: Shakeout ground motions trigger landslides and liquefaction and ARkStorm involves wind, flood, landslide, and coastal hazards. A collaborative scenario-process engages partners and stakeholders throughout the development and use of the scenarios, In doing so, community resilience is enhanced by educating communities about hazards and hazard interdependencies, building networks from scientists to decision makers, exercising emergency management strategies, identifying emergency management issues, and motivating solutions prior to an event. In addition, interdisciplinary scenarios stimulate research on the various steps of analysis (e.g., natural hazard processes, physical damages, societal consequences, and policy connections). In particular, USGS scientists have collaborated with economists to advance methods to estimate the economic impacts (business interruption losses) of disasters. Our economic impact analyses evolved from the economic module in the Federal Emergency Management Agency's loss-estimation tool, HAZUS-MH, to a more encompassing input-output analysis for ShakeOut, to a more sophisticated Computable General Equilibrium model for ARkStorm. The analyses depend on physical damage and restoration time estimates from engineers and geographic analyses of economic assets in hazard zones. Economic resilience strategies are incorporated to represent resourcefulness and ingenuity that avoids potential losses during and after an event. Such strategies operate at three levels of the economy: micro (e.g., ability to catch up on lost production time), meso (e.g., coordination within a sector to share resources), and macro (e

Socio-economic and other non-radiological impacts of the near surface disposal of radioactive waste

International Nuclear Information System (INIS)

2002-09-01

The objective of this report is to introduce, in a generic sense, the elements that could comprise a socio-economic and non-radiological environmental impact assessment. The various social, economic and environmental impacts that could be associated with surface and near surface disposal are discussed through factors that could apply at the local, regional or national level. Impact management is also discussed. The report also introduces concepts to help Member States develop their own approaches to undertaking impact assessment and management. The report is intended to complement IAEA documents on the technology and safety aspects of the near surface disposal of radioactive waste. The scope of this report includes a discussion of a range of social, economic and nonradiological environmental impacts relevant to surface and near surface disposal and illustrations of some impact management measures

Economic Impact of Cystic Echinococcosis in Peru

OpenAIRE

Moro, Pedro L.; Budke, Christine M.; Schantz, Peter M.; Vasquez, Julio; Santivañez, Saul J.; Villavicencio, Jaime

2011-01-01

BACKGROUND: Cystic echinococcosis (CE) constitutes an important public health problem in Peru. However, no studies have attempted to estimate the monetary and non-monetary impact of CE in Peruvian society. METHODS: We used official and published sources of epidemiological and economic information to estimate direct and indirect costs associated with livestock production losses and human disease in addition to surgical CE-associated disability adjusted life years (DALYs) lost. FINDINGS: The to...

The Economic Impact of Domestic Military Installations on Regional Economies.

Science.gov (United States)

1979-12-01

16 Co SCOPEP LIMITATIONSP AND ASSUMPTIONS OF THE RESEARCH---------------------------------------- 17 D. METHODOLOGY OF RESEARCH...state and local level. This research will focus on the local or regional impact of militarw expenditures. A. PURPOSE OF THE RESERACH Militarw spending...unanswered auestions. This research will attempt to examine the theories of economic impact to Provide ouantitative methodologies for expressing and

Economic impact of GM crops: the global income and production effects 1996-2012.

Science.gov (United States)

Brookes, Graham; Barfoot, Peter

2014-01-01

A key part of any assessment of the global value of crop biotechnology in agriculture is an examination of its economic impact at the farm level. This paper follows earlier annual studies which examined economic impacts on yields, key costs of production, direct farm income and effects, and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012. This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms). These economic gains have been divided roughly 50% each to farmers in developed and developing countries. GM technology have also made important contributions to increasing global production levels of the four main crops, having added 122 million tonnes and 230 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid-1990s.

Jobs and Economic Development Impact (JEDI) User Reference Guide: Fast Pyrolysis Biorefinery Model

Energy Technology Data Exchange (ETDEWEB)

Zhang, Yimin [National Renewable Energy Lab. (NREL), Golden, CO (United States); Goldberg, Marshall [MRG and Associates, Nevada City, CA (United States)

2015-02-01

This guide -- the JEDI Fast Pyrolysis Biorefinery Model User Reference Guide -- was developed to assist users in operating and understanding the JEDI Fast Pyrolysis Biorefinery Model. The guide provides information on the model's underlying methodology, as well as the parameters and data sources used to develop the cost data utilized in the model. This guide also provides basic instruction on model add-in features and a discussion of how the results should be interpreted. Based on project-specific inputs from the user, the JEDI Fast Pyrolysis Biorefinery Model estimates local (e.g., county- or state-level) job creation, earnings, and output from total economic activity for a given fast pyrolysis biorefinery. These estimates include the direct, indirect and induced economic impacts to the local economy associated with the construction and operation phases of biorefinery projects.Local revenue and supply chain impacts as well as induced impacts are estimated using economic multipliers derived from the IMPLAN software program. By determining the local economic impacts and job creation for a proposed biorefinery, the JEDI Fast Pyrolysis Biorefinery Model can be used to field questions about the added value biorefineries might bring to a local community.

Dialectics of public and market regulation of a region and municipality socio-economic development

Directory of Open Access Journals (Sweden)

Aleksandr Ivanovich Tatarkin

2014-03-01

Full Text Available Motives of improving public regulation influence to socio-economic and social processes, increasing quality and effectiveness of public (PR and market (MR regulators, their optimal and flexible cooperation were examined in the article. The essence and content of public-legal regulators (PLR in the sustainable and balanced development of territories, regions and country as a whole was reviewed. The PLR was classified by criteria of the “scale” of their regulation influence, regulation methods and consequences. Special attention was paid to the quality of PLR of federal and intergovernmental relations at the regional and municipal levels. Recommendations to improve the effectiveness of public and market regulators in regional and territorial development were suggested.

Economic impacts of invasive species in forest past, present, and future

Science.gov (United States)

Thomas P. Holmes; Juliann E. Aukema; Betsy Von Holle; Andrew Liebhold; Erin Sills

2009-01-01

Biological invasions by nonnative species are a by-product of economic activities, with the vast majority of nonnative species introduced by trade and transport of products and people. Although most introduced species are relatively innocuous, a few species ultimately cause irreversible economic and ecological impacts, such as the chestnut blight that functionally...

Using risk analysis in Health Impact Assessment: the impact of different relative risks for men and women in different socio-economic groups

DEFF Research Database (Denmark)

Nilunger, Louise; Diderichsen, Finn; Burström, Bo

2004-01-01

The aim of this study is to contribute to the emerging field of quantification of Health Impact Assessment (HIA), by analysing how different relative risks affect the burden of disease for various socio-economic groups (SES). Risk analysis, utilising attributable and impact fraction, raises several...... methodological considerations. The present study illustrates this by measuring the impact of changed distribution levels of smoking on lung cancer, ischemic heart disease (IHD), chronic obstructive lung disorder (COLD) and stroke for the highest and lowest socio-economic groups measured in disability adjusted...... the highest and lowest socio-economic groups may decrease by 75% or increase by 21% depending on the size of the relative risk. Assuming the same smoking prevalence for the lowest socio-economic group as for the highest (impact fraction), then the inequality may decrease by 7-26%. Consequently, the size...

Nuclear incident response in industrial areas: assessing the economic impact of the decision to evacuate

International Nuclear Information System (INIS)

Pauwels, N.; Walle, B. van de; Hardeman, F.; Sohier, A.; Soudan, K.

1996-01-01

The economic impact of imposing countermeasures in case of a nuclear emergency is a very important aspect in both the Probabilistic Risk Assessment code COSYMA and the Real-time On-line DecisiOn Support system RODOS. Therefore, these codes make use of the economic model ECONOM. In this paper, we will show that this economic model is not very well suited, nor designed, to predict the economic impact of evacuating a highly industrialised area in case of a nuclear emergency. Furthermore, we will indicate how recent economic investment theories can be used to deal with this decision problem in a more elaborate way. (author)

The economic impact of alcohol consumption: a systematic review

Directory of Open Access Journals (Sweden)

Lertpitakpong Chanida

2009-11-01

Full Text Available Abstract Background Information on the economic impact of alcohol consumption can provide important evidence in supporting policies to reduce its associated harm. To date, several studies on the economic costs of alcohol consumption have been conducted worldwide. This study aims to review the economic impact of alcohol worldwide, summarizing the state of knowledge with regard to two elements: (1 cost components included in the estimation; (2 the methodologies employed in works conducted to date. Methods Relevant publications concerning the societal cost of alcohol consumption published during the years 1990-2007 were identified through MEDLINE. The World Health Organization's global status report on alcohol, bibliographies and expert communications were also used to identify additional relevant studies. Results Twenty studies met the inclusion criteria for full review while an additional two studies were considered for partial review. Most studies employed the human capital approach and estimated the gross cost of alcohol consumption. Both direct and indirect costs were taken into account in all studies while intangible costs were incorporated in only a few studies. The economic burden of alcohol in the 12 selected countries was estimated to equate to 0.45 - 5.44% of Gross Domestic Product (GDP. Conclusion Discrepancies in the estimation method and cost components included in the analyses limit a direct comparison across studies. The findings, however, consistently confirmed that the economic burden of alcohol on society is substantial. Given the importance of this issue and the limitation in generalizing the findings across different settings, further well-designed research studies are warranted in specific countries to support the formulation of alcohol-related policies.

Impact of recent technical developments on upgrading economics

International Nuclear Information System (INIS)

Padamsey, R.

1991-01-01

A detailed study was conducted to compare the economics of hydrogen addition processes using Alberta heavy oil feedstocks, based on test achievements, with the economics of upgrading processes representative of those currently in commercial use in Alberta. Capital and operating cost estimates were developed for an upgrader complex centrally located in Alberta utilizing three alternative upgrading schemes: flexicoking with separate hydrotreating, low conversion flexicoking-fining with delayed coking of unconverted bottoms and separate hydrotreating, and VEBA combi-cracker high conversion (VCC) hydrogen addition with integrated hydrotreating. Each scheme was designed to process 60,000 bbl per calendar day of Cold Lake bitumen and produce a synthetic crude oil that could be substituted for a conventional crude. The study included capital cost estimates, operating cost estimates, economic analysis and sensitivity analysis. The results of these analyses, as measured by the price available for the bitumen, indicated that high conversion hydrogen addition processes with integrated hydrotreating, such as VCC, offer a significant economic advantage over the currently employed coking processes combined with separate hydrotreating and over the low conversion hydrogen addition processes combined with separate hydrotreating and coking of unconverted bottoms. Technology was found to have a significant impact on the economics of the operation. 4 refs., 6 figs., 7 tabs

Assessing future economic impacts of acidic deposition on the recreational fishery of eastern Canada

International Nuclear Information System (INIS)

1990-01-01

A study was carried out to assess the socio-economic impacts and net economic value effects related to potential reduction in acidic deposition on the sports fishery of eastern Canada. Impacts and net economic effects that would have occurred from 1950 to 1985 if emission/deposition controls were in place are measured. Impacts and net economic effects that will occur from 1986 to 2021 if controls are put in place in the future are also measured. The study incorporated the latest data describing the relationship of acidic deposition to lake pH levels and ultimate impact on fish survival, and applies a spatial analysis system to model changes in sport fish availability with respect to pH changes and fish survival responses. It was found that if emission controls were put in place beginning in 1950 the Canadian economy would have accrued $4.3 billion in net economic value from 1950 to 1985 inclusive. The 1986 value of the historical stream of losses that occurred because controls were not put in place is $24 billion assuming a 10% rate of return. If controls were put in place in the future, net economic value to Canada due to increased angler activity would be $4.2 billion for the period 1986-2021. The value in 1986 would be $925 million. 9 figs., 34 tabs

Modeling the economic impact of pandemic influenza: a case study in Turkey.

Science.gov (United States)

Yoldascan, Elcin; Kurtaran, Behice; Koyuncu, Melik; Koyuncu, Esra

2010-04-01

Influenza pandemics have occurred intermittently throughout the 20th century and killed millions of people worldwide. It is expected that influenza pandemics will continue to occur in the near future. Huge number of deaths and cases is the most troublesome aspect of the influenza pandemics, but the other important trouble is the economic impact of the influenza pandemics to the countries. In this study, we try to detect the cost of a possible influenza pandemic under different scenarios and attack rates. We include the vaccination and antiviral treatment cost for direct cost and we add the work absenteeism cost to the calculations for indirect cost of influenza pandemics. As a case study, we calculate the economic impact of pandemic influenza for Turkey under three different scenarios and three different attack rates. Our optimistic estimation shows that the economic impact of pandemic influenza will be between 1.364 billion dollars and 2.687 billions dollars to Turkish economy depending on the vaccination strategies.

Critical review on the socio-economic impact of tendinopathy

Directory of Open Access Journals (Sweden)

Chelsea Hopkins

2016-04-01

Full Text Available There are currently no studies that determine the total burden that tendinopathy places on patients and society. A systematic search was conducted to understand the impact of tendinopathy. It demonstrated that the current prevalence is underestimated, particularly in active populations, such as athletes and workers. Search results demonstrate that due to the high prevalence, impact on patients' daily lives and the economic impact due to work-loss, treatments are significantly higher than currently observed. A well-accepted definition by medical professionals and the public will improve documentation and increase awareness, in order to better tackle the disease burden.

Clinical and economic impact of etanercept in real-life

DEFF Research Database (Denmark)

Larsen, Christian Grønhøj; Andersen, Peter Hundevadt; Lorentzen, Henrik

2013-01-01

BACKGROUND: Real-life data on the therapeutic effectiveness and costs of etanercept are scarce. Objectives: To assess the clinical and economic impact of etanercept in patients with psoriasis in Denmark and Norway. MATERIAL & METHODS: This prospective, non-interventional study in a private...

A Comparative Analysis of the Impact of Agricultural Exports on Economic Growth of ECOWAS Countries

Directory of Open Access Journals (Sweden)

Richardson Kojo Edeme

2016-10-01

Full Text Available Towards the acceleration of the attainment of sustainable growth, most countries have focused on agricultural exports as a means of driving their economy. Developing countries of Africa are highly dependent on the agricultural sector and agricultural exports are a major determinant of economic growth of these countries. However, the impact of agricultural exports on economic growth of ECOWAS countries remains unclear. This study therefore evaluates the impact of agricultural exports on the economic growth of fifteen ECOWAS countries using panel data for the period 1980–2013. Variables employed are labour force participation rate, capital stock, agricultural exports, non-agricultural exports, inflation and economic growth. The results of the fixed-effect model show that agricultural exports have not impacted significantly on the economic growth of ECOWAS countries such as Côte d’Ivoire and Nigeria with respect to the Republic of Benin, which is the selected baseline. The study also analysed the country combined effect of the agricultural exports and found that it was significant but the rate of impact was weak. The study recommends, among others, that even though agricultural exports had a significant impact on economic growth, there is still a need for ECOWAS governments to improve their agricultural sector as its significance is more noticeable in some countries such as Côte d’Ivoire and Nigeria.

WeChat impact on social and economic in China

OpenAIRE

Rong, Mengmeng

2016-01-01

The purpose of the thesis is to analyse WeChat in China. On the hand, this thesis analyses the impact of WeChat on social and economic based on its features. WeChat changes Chinese way of life. Customers are directly taken part in economic activities in WeChat. On the other hand, this thesis is intended to help entrepreneurs and organizations to know more about WeChat B2B and B2C model in China. The thesis will be helpful for those entrepreneurs who are going to enter Chinese market. Th...

The economic impact of South Africa’s international airports

Directory of Open Access Journals (Sweden)

Rose Luke

2010-11-01

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

Sport events and their socio-economic impact: residents ...

African Journals Online (AJOL)

Sport events have become big business as countries as well as cities are competing fi ercely to host major events. The purpose of this article is to determine the economic impact of visitor spending during the annual Cape Argus Pick 'n Pay Cycle Tour. Direct spending was determined based on a survey consisting of 583 ...

Economic impact of uranium mining in Texas

International Nuclear Information System (INIS)

Leaming, G.F.

1980-01-01

The principal economic impacts are the result of three flows of money from the industry into the remainder of the state's economy. These are: money paid to individuals (personal income); money paid to other businesses (business income); and money paid to state and local governments (government revenues). Growth has come in a largely rural, seven-county area that lies within the triangle formed by the Laredo, San Antonio, and Corpus Christi metropolitan areas. 4 refs

The Potential Socio-economic Impacts of Gas Hydrate Exploitation

Science.gov (United States)

Riley, David; Schaafsma, Marije; Marin-Moreno, Héctor; Minshull, Tim A.

2017-04-01

Gas hydrate has garnered significant interest as a possible clean fossil fuel resource, especially in countries with limited energy supplies. Whilst the sector is still in its infancy, there has been escalating development towards commercial production. To the best of our knowledge it appears that, despite its potential, existing analyses of the social and economic impacts of hydrate exploitation have been very limited. Before any viable commercial production commences, the potential impacts across society must be considered. It is likely that such impact assessments will become a legislative requirement for hydrate exploitation, similar to their requirement in conventional oil and gas projects. Social impact analysis should guide hydrate development to have the highest possible net benefits to the human and natural environment. Without active commercial hydrate operations, potential socio-economic impacts can only be inferred from other fossil fuel resource focused communities, including those directly or indirectly affected by the oil and gas industry either in the vicinity of the well or further afield. This review attempts to highlight potential impacts by synthesising current literature, focusing on social impacts at the extraction stage of operation, over time. Using a DPSIR (Driving forces; Pressures; States; Impacts; Responses) framework, we focus on impacts upon: health and wellbeing, land use and access, services and infrastructure, population, employment opportunities, income and lifestyles. Human populations directly or indirectly related with fossil fuel extraction activities often show boom and bust dynamics, and so any impacts may be finite or change temporally. Therefore potential impacts have to be reassessed throughout the lifetime of the exploitation. Our review shows there are a wide range of possible positive and negative socio-economic impacts from hydrate development. Exploitation can bring jobs and infrastructure to remote areas, although

The Social and Economic Impacts of Space Weather (US Project)

Science.gov (United States)

Pulkkinen, A. A.; Bisi, M. M.; Webb, D. F.; Oughton, E. J.; Worman, S. L.; Taylor, S. M.; Onsager, T. G.; Adkins, J. E.; Baker, D. N.; Forbes, K. F.; Basoli, D.; Griot, O.

2017-12-01

The National Space Weather Action Plan calls for new research into the social and economic impacts of space weather and for the development of quantitative estimates of potential costs. In response to this call, NOAA's Space Weather Prediction Center (SWPC) and Abt Associates are working together to identify, describe, and quantify the impact of space weather to U.S. interests. This study covers impacts resulting from both moderate and severe space weather events across four technological sectors: Electric power, commercial aviation, satellites, and Global Navigation Satellite System (GNSS) users. It captures the full range of potential impacts, identified from an extensive literature review and from additional conversations with more than 50 sector stakeholders of diverse expertise from engineering to operations to end users. We organize and discuss our findings in terms of five broad but interrelated impact categories including Defensive Investments, Mitigating Actions, Asset Damages, Service Interruptions, and Health Effects. We also present simple, tractable estimates of the potential costs where we focused on quantifying a subset of all identified impacts that are apt to be largest and are also most plausible during moderate and more severe space weather scenarios. We hope that our systematic exploration of the social and economic impacts provides a foundation for the future work that is critical for designing technologies, developing procedures, and implementing policies that can effectively reduce our known and evolving vulnerabilities to this natural hazard.

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

Science.gov (United States)

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

2011-07-01

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

Economic and fiscal impacts of large-scale development projects: implications for nuclear waste repositories

International Nuclear Information System (INIS)

Leistritz, F.L.; Murdock, S.H.; Texas A and M Univ., College Station)

1982-01-01

This paper deals with the local economic and fiscal implications of siting high-level nuclear waste repositories in rural areas. The economic and fiscal effects of repository development fall into two categories: (1) standard impacts similar to those that would be associated with developing any large-scale industrial facility in an isolated area; (2) special impacts that result from the hazardous nature of the nuclear materials stored and from federal ownership of the facility. Standard economic and fiscal impacts include employment effects (direct and secondary), local income changes, alterations in community price structures, effects on community services, and changes in revenues and costs for local jurisdictions. Special impacts include the possibility of diminished activity in other basic economic sectors, negative effects on the area's long-term growth prospects and a consequent dampening of investment in the local trade an service sectors, additional costs for local jurisdictions (e.g., for preparing evacuation plans), and limited local tax revenues resulting from the tax-exempt status of the facility. These special effects are difficult to quantify and require additional analysis. 47 references, 1 figure, 4 tables

Stakeholders' perception on including broader economic impact of vaccines in economic evaluations in low and middle income countries: a mixed methods study.

Science.gov (United States)

van der Putten, Ingeborg M; Evers, Silvia M A A; Deogaonkar, Rohan; Jit, Mark; Hutubessy, Raymond C W

2015-04-10

Current health economic evaluation guidelines mainly concentrate on immediate health gains and cost savings for the individual involved in the intervention. However, it has been argued that these guidelines are too narrow to capture the full impact of vaccination in low and middle income countries. The inclusion of broader economic impact of vaccines (BEIV) has therefore been proposed. Some examples of these are productivity-related gains, macro-economic impact, and different externalities. Despite their potency, the extent to which such benefits can and should be incorporated into economic evaluations of vaccination is still unclear. This mixed methods study aims to assess the relevance of BEIV to different stakeholders involved in the vaccine introduction decision making process. In this mixed method study an internet based survey was sent to attendees of the New and Underutilized Vaccines Initiative meeting in Montreux, Switzerland in 2011. Additionally, semi-structured interviews of 15 minutes each were conducted during the meeting. Study participants included decision makers, experts and funders of vaccines and immunization programs in low and middle income countries. Descriptive analysis of the survey, along with identification of common themes and factors extracted from the interviews and open survey questions was undertaken. Evidence on macro-economic impact, burden of disease and ecological effects were perceived as being most valuable towards aiding decision making for vaccine introduction by the 26 survey respondents. The 14 interviewees highlighted the importance of burden of disease and different types of indirect effects. Furthermore, some new interpretations of BEIVs were discussed, such as the potential negative impact of wastage during immunization programs and the idea of using vaccines as a platform for delivering other types of health interventions. Interviewees also highlighted the importance of using a broader perspective in connection to

Economic impact of milk production in the State of New Mexico.

Science.gov (United States)

Cabrera, V E; Hagevoort, R; Solís, D; Kirksey, R; Diemer, J A

2008-05-01

The goal of this study was to quantify the economic role of dairy farming in New Mexico and to identify its linkages with allied industries in terms of income, value added, and employment impacts. An input-output model was used to estimate the direct, indirect, and induced impacts of the dairy farm industry on the economy of New Mexico. The results showed that in 2005, New Mexico's dairy farm industry had a total economic impact of $1.98 billion and accounted for 14,313 jobs. Therefore, dairy farming in New Mexico had an output multiplier (income) of 1.92, a labor income multiplier of $248 thousand/$ million of gross sales, and an employment multiplier of 13.91 jobs/$ million of gross sales. Furthermore, the New Mexico dairy farms accounted for 13.1% of the total agricultural outputs, 20.5% of the agricultural jobs, 1.5% of total state economic activity, and $80 million in tax revenue. With the exception of Lea, Eddy, and Bernalillo counties, which are diversified, the dairy farms accounted for more than two-thirds of the agricultural outputs and for more than two-fifths of the agricultural employment in counties where dairy farms are concentrated.

Assessment of the impacts of oil: Opportunities and challenges for economic development in Sudan

OpenAIRE

Nour, Samia Satti Osman Mohamed

2011-01-01

This paper provides an assessment of the impacts of oil and discusses the opportunities and challenges for enhancing economic development in Sudan. One advantage of our analysis in this paper is that we provide a more comprehensive analysis using the most recent secondary data to discuss the positive and negative impacts of oil for enhancing economic development in Sudan. We explain that the various positive impacts of oil and the opportunities for enhancing development in Sudan's economy inc...

Assessing the Impact of Financial Policies on Nigeria's Economic ...

African Journals Online (AJOL)

Assessing the Impact of Financial Policies on Nigeria's Economic Growth. ... Furthermore, it calls for effective implementation and monitoring of financial policies as well as adequate supervision of the financial sector by the relevant authorities to avoid lopsided compliance with financial and monetary guidelines. Keywords: ...

Assessment of economic impact of offshore and coastal discharge requirements on present and future operations in the Gulf of Mexico. Final report

International Nuclear Information System (INIS)

Lindsey, R.

1996-06-01

The high potential costs of compliance associated with new effluent guidelines for offshore and coastal oil and gas operations could significantly affect the economics of finding, developing, and producing oil and gas in the Gulf of Mexico. This report characterizes the potential economic impacts of alternative treatment and discharge regulations for produced water on reserves and production in Gulf of Mexico coastal, territorial and outer continental shelf (OCS) waters, quantifying the impacts of both recent regulatory changes and possible more stringent requirements. The treatment technologies capable of meeting these requirements are characterized in terms of cost, performance, and applicability to coastal and offshore situations. As part of this analysis, an extensive database was constructed that includes oil and gas production forecasts by field, data on existing platforms, and the current treatment methods in place for produced water treatment and disposal on offshore facilities. This work provides the first comprehensive evaluation of the impacts of alternative regulatory requirements for produced water management and disposal in coastal and offshore areas of the Gulf of Mexico

Review of existing studies and unresolved problems associated with socio-economic impact of nuclear powerplants

International Nuclear Information System (INIS)

Hendrickson, P.L.; King, J.C.; O'Connell, M.S.

1975-07-01

Preparation of socio-economic impact statements for nuclear powerplants began only a few years ago. The number of these statements is increasing, and some states, such as Washington, now require them as a condition to state approval for thermal powerplants. The major purpose of this paper was to review existing socio-economic impact statements to identify where additional research to improve the impact analysis process would be useful and appropriate. A second purpose was to summarize the type of information included in existing statements. Toward this end a number of socio-economic impact statements were reviewed. Most of the statements are for nuclear power plants; however, some are for other large construction projects. The statements reviewed are largely predictive in nature; i.e., they attempt to predict socio-economic impacts based on the existing knowledge. A few of the reports contain retroactive case studies of plants already completed. One describes an ongoing monitoring analysis of plants under construction. As a result of this preliminary study, a need was identified for a better-defined impact statement methodology and for guidelines identifying appropriate areas for analysis and analytical techniques

Liberalisation and regulation in the financial crisis – is behavioural economics a solution?

Directory of Open Access Journals (Sweden)

Liviu-George MAHA

2013-03-01

Full Text Available The causes of economic crisis are a subject of intense debate, most opinions of economists ranging from the liberalization of the market to its regulation. We believe that usually there is “sufficient state” and that a change in its level does not have the expected effects. Although on the long term the reduction of the state presence would be preferable, on the medium and short term this would have negative effects, such as the reduction of the number of employees. One solution would be abandoning the simplistic neoclassical economic models, and replacing them with models developed in behavioural economics that would allow state and companies to develop more effective strategies.

Pharmaceutical interventions for mitigating an influenza pandemic: modeling the risks and health-economic impacts.

Science.gov (United States)

Postma, Maarten J; Milne, George; Nelson, E Anthony S; Pyenson, Bruce; Basili, Marcello; Coker, Richard; Oxford, John; Garrison, Louis P

2010-12-01

Model-based analyses built on burden-of-disease and cost-effectiveness theory predict that pharmaceutical interventions may efficiently mitigate both the epidemiologic and economic impact of an influenza pandemic. Pharmaceutical interventions typically encompass the application of (pre)pandemic influenza vaccines, other vaccines (notably pneumococcal), antiviral treatments and other drug treatment (e.g., antibiotics to target potential complications of influenza). However, these models may be too limited to capture the full macro-economic impact of pandemic influenza. The aim of this article is to summarize current health-economic modeling approaches to recognize the strengths and weaknesses of these approaches, and to compare these with more recently proposed alternative methods. We conclude that it is useful, particularly for policy and planning purposes, to extend modeling concepts through the application of alternative approaches, including insurers' risk theories, human capital approaches and sectoral and full macro-economic modeling. This article builds on a roundtable meeting of the Pandemic Influenza Economic Impact Group that was held in Boston, MA, USA, in December 2008.

THE STATE OF ECONOMIC FREEDOM IN UKRAINE AND ITS IMPACT ON COMPETITIVENESS

Directory of Open Access Journals (Sweden)

S. Mytsiuk

2016-09-01

Full Text Available The place of Ukraine in the world rankings, the level of economic freedom in Ukraine and its impact on competitiveness are considered in the article. The analysis of tendencies of development of Ukraine in the international arena is carried and competitiveness of the national economy is defined. The indices of global competitiveness and economic freedom are investigated. The basic components of these ratings are analyzed and correlation between economic freedom of the country and its competitiveness is proved. The macroeconomic and institutional factors of Ukraine's competitiveness increase on the world stage are identified. It has been found out that reduction of the competitiveness of Ukraine in the international rankings is connected with the political instability and foreign aggression. Since military confrontation in the Donbas region lead to a steady decline in general economic indicators, destruction of infrastructure, lower production, it has a negative impact on future international competitiveness ranking of Ukraine.

The Impact of Services on Economic Complexity: Service Sophistication as Route for Economic Growth.

Science.gov (United States)

Stojkoski, Viktor; Utkovski, Zoran; Kocarev, Ljupco

2016-01-01

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive structure and its economic growth has been established. Here we report that not only goods but also services are important for predicting the rate at which countries will grow. By adopting a terminology which classifies manufactured goods and delivered services as products, we investigate the influence of services on the country's productive structure. In particular, we provide evidence that complexity indices for services are in general higher than those for goods, which is reflected in a general tendency to rank countries with developed service sector higher than countries with economy centred on manufacturing of goods. By focusing on country dynamics based on experimental data, we investigate the impact of services on the economic complexity of countries measured in the product space (consisting of both goods and services). Importantly, we show that diversification of service exports and its sophistication can provide an additional route for economic growth in both developing and developed countries.

The economic impact of merger control legislation

OpenAIRE

Carletti, Elena; Hartmann, Philipp; Onega, Steven

2007-01-01

We construct a unique dataset of legislative reforms in merger control legislation that occurred in nineteen industrial countries in the period 1987-2004, and investigate the economic impact of these changes on stock prices. In line with the hypothesis that merger control should challenge anticompetitive mergers and thus limit future monopolistic profits, we find that the strengthening of merger control decreases the stock prices of non-financial firms. In contrast, we find that bank stock pr...

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

African Journals Online (AJOL)

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

Hospital-physician collaboration: landscape of economic integration and impact on clinical integration.

Science.gov (United States)

Burns, Lawton Robert; Muller, Ralph W

2008-09-01

Hospital-physician relationships (HPRs) are an important area of academic research, given their impact on hospitals' financial success. HPRs also are at the center of several federal policy proposals such as gain sharing, bundled payments, and pay-for-performance (P4P). This article analyzes the HPRs that focus on the economic integration of hospitals and physicians and the goals that HPRs are designed to achieve. It then reviews the literature on the impact of HPRs on cost, quality, and clinical integration. The goals of the two parties in HPRs overlap only partly, and their primary aim is not reducing cost or improving quality. The evidence base for the impact of many models of economic integration is either weak or nonexistent, with only a few models of economic integration having robust effects. The relationship between economic and clinical integration also is weak and inconsistent. There are several possible reasons for this weak linkage and many barriers to further integration between hospitals and physicians. Successful HPRs may require better financial conditions for physicians, internal changes to clinical operations, application of behavioral skills to the management of HPRs, changes in how providers are paid, and systemic changes encompassing several types of integration simultaneously.

Socio–economic and environmental impact of crude oil exploration ...

African Journals Online (AJOL)

Socio–economic and environmental impact of crude oil exploration and production on agricultural production: a case study of Edjeba and Kokori communities in Delta State of ... The results also showed an increase in the occurrence of health hazard, air/noise pollution and heightened deforestation in these communities.

THE IMPACT OF CULTURE ON THE ECONOMIC CRISIS

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CARINA-ELENA STEGĂROIU

2016-06-01

Full Text Available This premise of this paper is based on the concept of hedonistic culture, which contributes to financial fragility, damages assessment of future capacity (generating investment myopia and short-termism and enhances current opportunism. The paper aims to analyze economic culture as a factor of influence on the global economic crisis, considering the culture of modern capitalism that should be defined as a hedonistic culture, and this culture can contribute to global economic crises. According to the hypothesis of this article, the economic culture and not the individuals underlie economic decisions. Accordingly, the decisions that are taken in the economy, influenced by the dominant culture can have both a positive impact on the economy or a destructive one by generating or maintaining economic crises. The current economic culture authorizes extensive use of loans, including those for consumption, thus generating financial fragility and consequently economic crisis. Hedonistic culture leads operators to focus almost entirely on short-term consequences of his actions to the detriment of long-term outcomes. It is this connection plays an important role in explaining current global crisis resistance. Opportunism emphasized as part of the hedonistic culture also affects the generation and maintenance of the global crisis and unethical behavior by refusing to invest in strategic areas for the economy. This is particularly the widespread use of credit, including the consumer, in preference to short-term investments at the expense of long-term, low appreciation of the future and also a high and growing opportunism. The global crisis is the result of interdependence agents, burdened by debt, especially short-term constantly growing which is a high financial fragility, directed almost exclusively at short-term gains and tend to cheat in their mutual relations.

THE IMPACT OF GLOBALIZATION AND GOVERNANCE ON LOCAL ECONOMIC DEVELOPMENT

OpenAIRE

Armenia ANDRONICEANU

2013-01-01

Globalization and the crises context have influenced the local economic development in Romania and determined the government to adapt its policies according to them. This paper presents part of the results of a specific research on the impact of globalization and the government policies to the local economic development. The sample was composed by small and medium size enterprises from Bucharest. They are specialized in export of products from three main areas. The research methodology includ...

The global economic impact of manta ray watching tourism.

Science.gov (United States)

O'Malley, Mary P; Lee-Brooks, Katie; Medd, Hannah B

2013-01-01

As manta rays face increased threats from targeted and bycatch fisheries, manta ray watching tourism, if managed properly, may present an attractive economic alternative to consumptive use of these species. Both species in the genus Manta (Manta alfredi and Manta birostris) are classified by the International Union for the Conservation of Nature Red List as species Vulnerable to extinction in the wild, and are considered unsustainable as fisheries resources due to their conservative life history characteristics, which considerably reduce their ability to recover population numbers when depleted. Utilising dive operator surveys, Internet research, and a literature review, this study provides the first global estimate of the direct economic impact of manta ray watching tourism and examines the potential socio-economic benefits of non-consumptive manta ray watching operations relative to consumptive use of manta rays as a fishery resource. In the 23 countries in which manta ray watching operations meeting our criteria were identified, we estimated direct revenue to dive operators from manta ray dives and snorkels at over US$73 million annually and direct economic impact, including associated tourism expenditures, of US$140 million annually. Ten countries account for almost 93% of the global revenue estimate, specifically Japan, Indonesia, the Maldives, Mozambique, Thailand, Australia, Mexico, United States, Federated States of Micronesia and Palau. In many of the areas where directed fisheries for manta rays are known to occur, these activities overlap with manta ray tourism sites or the migratory range of the mantas on which these sites depend, and are likely to be unsustainable and detrimental to manta ray watching tourism.

The Impact of External Debt on Economic Growth in Ghana: A ...

African Journals Online (AJOL)

A plethora of both cross-country and country-specific studies have been undertaken to estimate the impact of external debt on growth in developing countries. Their general findings though revealing need to be confirmed in Ghana. This paper estimates empirically the impact of external debt on economic growth in Ghana to ...

Socio-economic impacts of nuclear generating stations: Arkansas Nuclear One Station case study

International Nuclear Information System (INIS)

Pijawka, K.D.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Arkansas Nuclear One nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

Socio-economic impacts of nuclear generating stations: Crystal River Unit 3 case study

International Nuclear Information System (INIS)

Bergmann, P.A.

1982-07-01

This report documents a case study of the socio-economic impacts of the construction and operation of the Crystal River Unit 3 nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

LEGISLATIVE STUDY ON THE GOVERNMENT REGULATION ON SOME ECONOMIC RECOVERY MEASURES

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BOSTAN Ionel

2014-06-01

Full Text Available This paper addresses the most significant elements related to the direct enactment by the executive authority – following the most difficult moments of the financial crisis (2009-2010 – of some key measures in determining the economic recovery/growth. Special attention is given to the problem of growth strengthening and sustainable competitiveness of small and medium enterprises, as well as to the issue of stimulating the set up and development of micro enterprises by junior entrepreneurs. Considering things from the legal perspective, we also stop upon the legislative measures taken by the Government to support SME access to financial guarantees and credits. Obviously, in the context following the peak of the financial crisis, we took into consideration the regulation on stimulating the development of new jobs and the regime of state aids, as well. This latter issue includes, we believe, the most important references to State aid schemes on stimulating the investments with a major impact in the economy, the ‘de minimis’ aid for the investments made by small and medium-sized enterprises, and also to the issues arising from the implementation of a State aid scheme to support the investments which promote the regional development by creating jobs.

An evaluation grid for the assessments of macro-economic impacts of energy transition. Working paper Nr 48

International Nuclear Information System (INIS)

Ouvrard, Jean-Francois; Scapecchi, Pascale

2014-05-01

This study aims at comparing the main available macro-economic models used to assess the consequences of policies for energy transition, and at determining their scope and limitations of validity. More precisely, the authors study the impact of two categories of policy instruments (those aimed at modifying prices and incentive ones) and the role of the adopted modelling of technical progress and of the macro-economic closure of the model. In a first part, they present various tools or models used to assess economic impacts of energy transition: technical-economic, macro-economic, general balance, and hybrid models. Then, after a presentation of some principles adopted to analyse these various models, the authors discuss price-based tools, tools based on demand support, the key role of technological progress, the impact of the macro-economic closure on the reached objective. They finally discuss the results obtained by applying an evaluation grid to energy transition scenarios. A set of recommendations is finally proposed for a better assessment of these impacts

Economic impacts on the United States of siting decisions for the International Thermonuclear Experimental Reactor

International Nuclear Information System (INIS)

Peerenboom, J.P.; Wolsko, T.D.; Hanson, M.E.

1997-01-01

This paper presents the results of a study that examines and compares the probable short-term economic impacts of the International Thermonuclear Experimental Reactor (ITER) on the United States (U.S.) if (1) ITER were to be sited in the U.S., or (2) ITER were to be sited in one of the other countries that along with the U.S., is currently participating in the ITER program. Life-cycle costs associated with ITER construction, operation, and decommissioning are analyzed to assess their economic impact. A number of possible U.S. host and U.S. non-host technology and cost-sharing arrangements with the other ITER Parties are examined, although cost-sharing arrangements and the process by which the Parties will select a host country and an ITER site remain open issues. Both national and local/regional economic impacts, as measured by gross domestic product, regional output, employment, net exports, and income, are considered. These impacts represent a portion of the complex, interrelated set of economic considerations that characterize U.S. host and U.S. non-host participation in ITER. A number of other potentially important economic and noneconomic considerations are discussed qualitatively

Economic impacts on the United States of siting decisions for the international thermonuclear experimental reactor

International Nuclear Information System (INIS)

Peerenboom, J.P.; Hanson, M.E.; Huddleston, J.R.

1996-08-01

This report presents the results of a study that examines and compares the probable short-term economic impacts of the International Thermonuclear Experimental Reactor (ITER) on the United States (U.S.) if (1) ITER were to be sited in the U.S., or (2) ITER were to be sited in one of the other countries that, along with the U.S., is currently participating in the ITER program. Life-cycle costs associated with ITER construction, operation, and decommissioning are analyzed to assess their economic impact. A number of possible U.S. host and U.S. non-host technology and cost-sharing arrangements with the other ITER Parties are examined, although cost-sharing arrangements and the process by which the Parties will select a host country and an ITER site remain open issues. Both national and local/regional economic impacts, as measured by gross domestic product, regional output, employment, net exports, and income, are considered. These impacts represent a portion of the complex, interrelated set of economic considerations that characterize U.S. host and U.S. non-host participation in ITER. A number of other potentially important economic and noneconomic considerations are discussed qualitatively

Economic impacts on the United States of siting decisions for the international thermonuclear experimental reactor

Energy Technology Data Exchange (ETDEWEB)

Peerenboom, J.P.; Hanson, M.E.; Huddleston, J.R. [and others

1996-08-01

This report presents the results of a study that examines and compares the probable short-term economic impacts of the International Thermonuclear Experimental Reactor (ITER) on the United States (U.S.) if (1) ITER were to be sited in the U.S., or (2) ITER were to be sited in one of the other countries that, along with the U.S., is currently participating in the ITER program. Life-cycle costs associated with ITER construction, operation, and decommissioning are analyzed to assess their economic impact. A number of possible U.S. host and U.S. non-host technology and cost-sharing arrangements with the other ITER Parties are examined, although cost-sharing arrangements and the process by which the Parties will select a host country and an ITER site remain open issues. Both national and local/regional economic impacts, as measured by gross domestic product, regional output, employment, net exports, and income, are considered. These impacts represent a portion of the complex, interrelated set of economic considerations that characterize U.S. host and U.S. non-host participation in ITER. A number of other potentially important economic and noneconomic considerations are discussed qualitatively.

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

OpenAIRE

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

2018-01-01

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

The economic impact of pig-associated parasitic zoonosis in Northern Lao PDR.

Science.gov (United States)

Choudhury, Adnan Ali Khan; Conlan, James V; Racloz, Vanessa Nadine; Reid, Simon Andrew; Blacksell, Stuart D; Fenwick, Stanley G; Thompson, Andrew R C; Khamlome, Boualam; Vongxay, Khamphouth; Whittaker, Maxine

2013-03-01

The parasitic zoonoses human cysticercosis (Taenia solium), taeniasis (other Taenia species) and trichinellosis (Trichinella species) are endemic in the Lao People's Democratic Republic (Lao PDR). This study was designed to quantify the economic burden pig-associated zoonotic disease pose in Lao PDR. In particular, the analysis included estimation of the losses in the pork industry as well as losses due to human illness and lost productivity. A Markov-probability based decision-tree model was chosen to form the basis of the calculations to estimate the economic and public health impacts of taeniasis, trichinellosis and cysticercosis. Two different decision trees were run simultaneously on the model's human cohort. A third decision tree simulated the potential impacts on pig production. The human capital method was used to estimate productivity loss. The results found varied significantly depending on the rate of hospitalisation due to neurocysticerosis. This study is the first systematic estimate of the economic impact of pig-associated zoonotic diseases in Lao PDR that demonstrates the significance of the diseases in that country.

The Impact of the Global Economic Crisis on Cambodia

OpenAIRE

Pisey Khin; Ryuta Ray Kato

2010-01-01

We numerically examine the impact of the global economic crisis on the Cambodian garment exports as well as its economy by using the conventional CGE model. A seminal aspect of the paper is that we have successfully estimated the curvature of the CET and CES production functions for the Cambodian economy, by using the time series regression method. One of our most striking results indicates that the welfare cost of the impact of the crisis at least reaches 281 million US dollars, thus resulti...

Evaluation the potential economic impacts of Taiwanese biomass energy production

International Nuclear Information System (INIS)

Chen, Chi-Chung; McCarl, Bruce; Chang, Ching-Cheng; Tso, Chunto

2011-01-01

The Taiwanese rice paddy land set-aside program diverts a substantial land area. Given today's high energy prices and interests in energy security, that set-aside area could be converted to produce bioenergy feedstocks. This study evaluates the economic and environmental impacts of such a policy change using a Taiwanese agricultural sector model. The results show that such a strategy provides increased farm revenue, increased rural employment, increased energy sufficiency and reduced greenhouse gas emissions but also increased government expenditures. These outcomes indicate that the agricultural sector could play a positive role by producing renewable energy. -- Highlights: → This paper evaluates the economic and environmental impacts of converting set-aside area to produce bioenergy feedstocks. → Taiwanese agricultural sector model is built and applied to evaluate such impacts. → The empirical results show that producing bioenergy using set-aside area could provide increased farm revenue, increased rural employment, increased energy sufficiency and reduced greenhouse gas emissions but also increased government expenditures. → Agricultural sector in Taiwan could play a positive role by producing renewable energy.

Background effects of emergencies on indicators of economic analysis of enterprise economic activity

Directory of Open Access Journals (Sweden)

K.Yu. Polyak

2017-03-01

Full Text Available The paper deals with the study of scientific works on the issue of formation and development of organizational and methodological regulations of accounting and analytical support of the economic activity of an enterprise in emergencies, which led to the conclusion about the complex character of the study of theory, methodology and economic analysis of enterprises in various sectors of national economy. The author studies the approaches to the nature and methods of economic analysis that resulted in the presentation of instructional techniques to the economic structure. In assessing the consequences of emergencies, it is necessary to determine their impact on the indices of economic analysis; so, there was the need to define areas resulting index changes as a result of emergency situations by identifying its components which may affect emergencies. After analyzing the data, it was found that the consequences of emergency situations affecting the indices of business analysis and can lead to changes in management decisions of internal and external users.

Energy economics: impacts on electric utilities' future decisions

International Nuclear Information System (INIS)

Smith, S.H.

1983-01-01

Despite financial and regulatory pressures that have led electric utilities to slow construction and minimize capital expenditures, Carolina Power and Light Company is proceeding with two new nuclear and two new coal facilities because it believes the commitment to expand must be made in the 1980s. The economic slowdown has given utilities a breathing period, but not enough to allow a complete stop in expansion if the utilities are to be ready for the expected economic growth of the 1990s. Financing this expansion is a slower process for regulated industries and leads to strained relations between customers and suppliers. The two can work together to promote conservation and load management, but higher rates must finance new construction to avoid a shortfall later. The costs of environmentally sound coal combustion and nuclear plant construction must both be reduced to help keep the recovery from being inflationary

ECONOMIC GROWTH AND IMPACT FACTORS IN COUNTRIES OF CENTRAL AND EASTERN EUROPE

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Bogdan Florin FILIP

2015-07-01

Full Text Available This paper starts from the premise that the performance of the economies of different countries, respectively their economic growth, is sinthtically expressed by the GDP growth indicator, whose dynamics evolves under the impact of a variety of determining factors, including some of financial-monetary nature. Thus, there are highlighted specific causal linkages and influences of economic and financial factors represented by certain indicators (inflation, unemployment, exports as percentage of GDP, imports as percentage of GDP, domestic credit as percentage of GDP, non-performing loans rate to GDP growth rate, by using econometric methods. Much of the paper is focused on on shaping an econometric model in which GDP growth rate is dependent variable and the other mentioned indicators are impact factors, respectively determinant variables. Along the mentioned determining factors, in our model is evaluated also the impact of the manifestation of the recent financial crisis, considering it as an additional determinant dummy variable. By processing the data for a group of countries of Central and Eastern Europe over the period 2000-2013, there result findings on the impact of each of the determining factors on the economic growth in the countries concerned and are formulated the appropriate assessments and conclusions.

Emotion regulation: Exploring the impact of stress and sex

Directory of Open Access Journals (Sweden)

Valerie L. Kinner

2014-11-01

Full Text Available Emotion regulation is a major prerequisite for adaptive behavior. The capacity to regulate emotions is particularly important during and after the encounter of a stressor. However the impact of acute stress and its associated neuroendocrine alterations on emotion regulation have received little attention so far. This study aimed to explore how stress-induced cortisol increases affect three different emotion regulation strategies. 72 healthy men and women were either exposed to a stressor or a control condition. Subsequently participants viewed positive and negative images and were asked to up- or down-regulate their emotional responses or simultaneously required to solve an arithmetic task (distraction. The factors stress, sex and strategy were operationalized as between group factors (n = 6 per cell. Stress caused an increase in blood pressure and higher subjective stress ratings. An increase in cortisol was observed in male participants only. In contrast to controls, stressed participants were less effective in distracting themselves from the emotional pictures. The results further suggest that in women stress enhances the ability to decrease negative emotions. These findings characterize the impact of stress and sex on emotion regulation and provide initial evidence that these factors may interact.

Economic Impacts from PM2.5 Pollution-Related Health Effects: A Case Study in Shanghai.

Science.gov (United States)

Wu, Rui; Dai, Hancheng; Geng, Yong; Xie, Yang; Masui, Toshihiko; Liu, Zhiqing; Qian, Yiying

2017-05-02

PM 2.5 pollution-related diseases cause additional medical expenses and work time loss, leading to macroeconomic impact in high PM 2.5 concentration areas. Previous economic impact assessments of air pollution focused on benefits from environmental regulations while ignoring climate policies. In this study, we examine the health and economic impacts from PM 2.5 pollution under various air pollution control strategies and climate policies scenarios in the megacity of Shanghai. The estimation adopts an integrated model combining a Greenhouse Gas and Air Pollution Interactions and Synergies (GAINS) model, exposure-response functions (ERFs), and a computable general equilibrium (CGE) model. The results show that without control measures, Shanghai's mortality caused by PM 2.5 pollution are estimated to be 192 400 cases in 2030 and the work time loss to be 72.1 h/cap annually. The corresponding GDP values and welfare losses would be approximately 2.26% and 3.14%, respectively. With an estimated control cost of 0.76% of local GDP, Shanghai would gain approximately 1.01% of local GDP through local air pollution control measures and climate policies. Furthermore, the application of multiregional integrated control strategies in neighboring provinces would be the most effective in reducing PM 2.5 concentration in Shanghai, leading to only 0.34% of GDP loss. At the sectoral level, labor-intensive sectors suffer more output loss from PM 2.5 pollution. Sectors with the highest control costs include power generation, iron and steel, and transport. The results indicate that the combination of multiregional integrated air pollution control strategies and climate policies would be cost-beneficial for Shanghai.

Economic impact of ethanol promotion in Mexico: A general equilibrium analysis

International Nuclear Information System (INIS)

Elizondo, Alejandra; Boyd, Roy

2017-01-01

In this paper we analyze the economic impact of a decision to produce ethanol in Mexico, comparing the effect of a subsidy to initiate ethanol production with that of alternative public policies. Public support of biofuels has been a public policy goal since 2008, and the promotion of ethanol remains an active part of the government agenda. The evidence used to encourage or alter the policy is (by necessity) chiefly based on international experience. In this study we use a computable general equilibrium model (CGE) to estimate the impact of ethanol production on the Mexican economy. Using cost data from Brazil we introduce ethanol into a Mexican social accounting matrix, and insert a latent sector into the model to analyze ethanol promotion. Our results show that subsidies to ethanol would increase agriculture production but at the expense of aggregate welfare. By contrast, alternative 'clean energy' policies appear to advance economic growth to a greater extent. - Highlights: • A CGE model is used to estimate the impact of ethanol promotion in Mexico. • The benefits of a policy designed to promote the use of ethanol are rather small. • The rural sector benefits modestly, but production in other sectors decrease. • Alternative policies advance economic growth and welfare to a greater extent.

Cognitive radio policy and regulation techno-economic studies to facilitate dynamic spectrum access

CERN Document Server

Holland, Oliver

2014-01-01

This book offers a timely reflection on how the proliferation of advanced wireless communications technologies, particularly cognitive radio (CR) can be enabled by thoroughly-considered policy and appropriate regulation. It looks at the prospects of CR from the divergent standpoints of technological development and economic market reality. The book provides a broad survey of various techno-economic and policy aspects of CR development, and provides the reader with an understanding of the complexities involved as well as a toolbox of possible solutions to enable the evolutionary leap towards successful implementation of disruptive CR technology or indeed any other novel wireless technologies. Cognitive Radio Policy and Regulation showcases the original ideas and concepts introduced into the field of CR and dynamic spectrum access policy over nearly four years of work within COST Action IC0905 TERRA, a think-tank with participants from more than 20 countries. The book’s subject matter includes: • deploymen...

Economic development and workforce impacts of state DOT highway expenditures.

Science.gov (United States)

2014-01-01

The research measured the impact of Georgia Department of Transportations highway : expenditures on economic activity in the State. The analysis covered awards made between January 2009 : and April 2013. The research is unique in that it not only ...