WorldWideScience

Sample records for sector market transition

  1. Sectoral Market Mechanisms

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-07-01

    This paper first reviews proposals for the design of sectoral and related market mechanisms currently debated, both in the UNFCCC negotiations, and in different domestic legislative contexts. Secondly, it addresses the possible principles and technical requirements that Parties may wish to consider as the foundations for further elaboration of the mechanisms. The third issue explored herein is domestic implementation of sectoral market mechanisms by host countries, incentives to move to new market mechanisms, as well as how the transition between current and future mechanisms could be managed.

  2. The Relation Between Market Forces and Employee Motivation : Consequences of the Introduction of Market Forces in the Dutch Childcare Sector

    NARCIS (Netherlands)

    Plantinga, Mirjam; Plantenga, Janneke; Siegers, Jacques

    The Dutch childcare sector has undergone a transition from a welfare sector into a market sector. The final step in this transition process was taken with the introduction of a new Dutch Childcare Act on 1 January 2005. In discussions about the introduction of market forces, the possible effects on

  3. Structuring Tensions and Key Relations of Montreal Seasonal Food Markets in the Sustainability Transition of the Agri-Food Sector

    Directory of Open Access Journals (Sweden)

    René Audet

    2017-02-01

    Full Text Available In cities across the world, local food networks aim to make food systems more sustainable and secure for all. As part of that effort, some of these networks also seek to introduce social innovation in the mode of selling food, namely as a way to initiate a broader transition of the sector. Based on two years of action research conducted together with promoters of Montreal’s seasonal markets, this article offers an account of the co-constructed narrative of a transition of the agri-food sector. On the one hand, transition theory anticipates that the transition to sustainability of the agri-food sector would depend on the protection and empowerment of innovative ‘niches’ that are facing the locked-in structure of the agri-food ‘sociotechnical regime’. Yet, on the other hand, the seasonal markets do not fit well in this portrait: they are shown to evolve at the intersection of the sociotechnical regime and innovative niches. For this reason, they are subject to regime rules and become difficult to protect as an entity. As such, seasonal markets face ‘structuring tensions’ that generate both practical dilemmas and innovative solutions in their modes of organization. These solutions, however, rely on webs of resources and supports that constitute ‘key relations’ for unlocking the agri-food regime rules. It is through managing these tensions and relations that the seasonal markets end up reconfiguring social and material relations and providing solutions for food security and a more sustainable food system. Therefore, we argue that the structuring tension and key relation concepts are useful for understanding the dynamics of social innovation in the transition to sustainability in food systems.

  4. Public-private sector earnings differentials in a transition economy

    OpenAIRE

    Laušev, Jelena

    2011-01-01

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

  5. Labor reallocation and firm growth: Benchmarking transition countries against mature market economies

    OpenAIRE

    Mitra, Pradeep; Muravyev, Alexander; Schaffer, Mark E.

    2014-01-01

    This paper uses firm-level survey data to study labor reallocation and firm growth in the transition countries over 1996 - 2005, including benchmarking against developed market economies. The data shows rapid growth of the new private sector and of the micro- and small-firm sectors, with the size distribution of firms moving towards the pattern observed in comparable surveys of developed market economies. Throughout, the regional patterns suggest greater convergence in the transition countrie...

  6. Employee Motivation and Employee Performance in Child Care : The effects of the Introduction of Market Forces on Employees in the Dutch Child-Care Sector

    NARCIS (Netherlands)

    Plantinga, Mirjam

    2006-01-01

    This research describes and explains the effects of the introduction of market forces in the Dutch child-care sector on employee governance, motivation and performance. The Dutch child-care sector is transitioning from a welfare sector into a market sector. The transition process in child care is

  7. The slow search for solutions: Lessons from historical energy transitions by sector and service

    International Nuclear Information System (INIS)

    Fouquet, Roger

    2010-01-01

    This paper reviews past energy transitions by sector and service to identify features that may be useful for future transitions. Although often considered a single event, the transition from traditional energy sources to fossil fuels involved numerous services and sectors at different times between 1500 and 1920. The main economic drivers identified for energy transitions were the opportunities to produce cheaper or better energy services. The existence of a niche market willing to pay more for these characteristics enabled new energy sources and technologies to be refined gradually until they could compete with the incumbent energy source. Nevertheless, this implied that, on average, the whole innovation chain took more than 100 years and the diffusion phase nearly 50 years. In the same way, low-carbon energy sources and technologies offer an additional characteristic (i.e. low carbon impact), which might be able to develop gradually in a niche market until they can compete with fossil fuels. However, because of consumers' tendency to free-ride, a successful transition will need governments to provide protection of this niche market-possibly for decades. Based on past experiences, a complete transition to a low carbon economy is likely to be very slow.

  8. MARKET CONCENTRATION IN TURKISH JOURNALISM SECTOR

    Directory of Open Access Journals (Sweden)

    ADEM KALÇA

    2013-05-01

    Full Text Available Concentration is a situation in which market structure of a sector is controlled by a few firms. At the present time, many analyzing methods such as Herfindahl-Hirschman and N-Firm Concentration Indexes are used to determine market structure.According to market concentration indexes, higher concentration level means more monopolistic market structure, lower concentration level means more full competitive market structure. In this study concentration levels of media groups in Turkish journalism sector within the scope of traditional journalism and internet journalism was analyzed via N-Firm Concentration and H-H Indexes. As a result of the study, it’s seen that first four biggest media groups have monopolistic competition in internet journalism sector,and oligopol structure in traditional journalism sector. According to H-H index analyze, there is monopolistic competition in the sector.

  9. Public sector leadership: Transforming the market for efficient products and services

    Energy Technology Data Exchange (ETDEWEB)

    Harris, Jeffrey [Lawrence Berkeley National Laboratory, CA (United States); Aebischer, Bernard [Swiss Federal Inst. of Technology, Zurich (Switzerland); Glickman, Joan [Federal Energy Management Program, Washington, DC (United States); Magnin, Gerard [Energie-Cites, Besancon (France); Meier, Alan [International Energy Agency, Paris (France); Viegand, Jan [Jan Viegand Analysis and Information, Copenhagen (Denmark)

    2005-07-01

    The public sector represents a significant share of all economic activity (15-25%) in Europe's industrial and transition economies. Government agencies, often the largest energy users and the biggest buyers of energy-using equipment, have significant potential to reduce energy use in their facilities and operations, while also saving taxpayer dollars and avoiding emissions of air pollutants and greenhouse gases. Public sector leadership can be the first step toward market transformation, as government creates entry markets and sets an example for other sectors to adopt efficient technologies and practices. While public sector energy efficiency has not been highlighted in EU or IEA policy compilations, many government agencies from the national to the municipal level have acted to reduce their own energy use, stimulate market demand, and provide an example to others through intergovernmental networking. Several EU projects have addressed the use of government buying power to help commercialize new technologies and to increase the market share of efficient appliances. However, additional steps are needed in order to establish public sector energy efficiency as a core element of energy and climate change policy in Europe. Based on a selected review of public sector energy efficiency activities in the EU we define five program categories: Policies and targets (energy/cost savings; pollution/CO{sub 2} reductions; measurement and verification; tracking and reporting); Public buildings (energy-saving retrofit and operation of existing facilities, as well as sustainability in new construction); Energy-efficient government procurement; Efficiency and renewable energy use in public infrastructure (transit, roads, water, and other public services); Information, training, incentives, and recognition of leadership by agencies and individuals; We discuss examples of program success, lessons learned, and future initiatives to strengthen these activities through increased

  10. Public sector leadership: Transforming the market for efficient products and services

    International Nuclear Information System (INIS)

    Harris, Jeffrey; Aebischer, Bernard; Glickman, Joan; Magnin, Gerard; Meier, Alan; Viegand, Jan

    2005-01-01

    The public sector represents a significant share of all economic activity (15-25%) in Europe's industrial and transition economies. Government agencies, often the largest energy users and the biggest buyers of energy-using equipment, have significant potential to reduce energy use in their facilities and operations, while also saving taxpayer dollars and avoiding emissions of air pollutants and greenhouse gases. Public sector leadership can be the first step toward market transformation, as government creates entry markets and sets an example for other sectors to adopt efficient technologies and practices. While public sector energy efficiency has not been highlighted in EU or IEA policy compilations, many government agencies from the national to the municipal level have acted to reduce their own energy use, stimulate market demand, and provide an example to others through intergovernmental networking. Several EU projects have addressed the use of government buying power to help commercialize new technologies and to increase the market share of efficient appliances. However, additional steps are needed in order to establish public sector energy efficiency as a core element of energy and climate change policy in Europe. Based on a selected review of public sector energy efficiency activities in the EU we define five program categories: Policies and targets (energy/cost savings; pollution/CO 2 reductions; measurement and verification; tracking and reporting); Public buildings (energy-saving retrofit and operation of existing facilities, as well as sustainability in new construction); Energy-efficient government procurement; Efficiency and renewable energy use in public infrastructure (transit, roads, water, and other public services); Information, training, incentives, and recognition of leadership by agencies and individuals; We discuss examples of program success, lessons learned, and future initiatives to strengthen these activities through increased recognition

  11. Problems of Transition from a Planned to a Market Economy

    OpenAIRE

    Krelle, Wilhelm

    2000-01-01

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

  12. ICT as a new competitive advantage factor – case of small transitional hotel sector

    Directory of Open Access Journals (Sweden)

    Tanja Mihalic

    2013-03-01

    Full Text Available This paper studies the information and communication technology (ICT in a small hotel sector at a point in time when the transition towards a full market economy is coming to the end and competitiveness and ICT implementation is gaining on importance. Its main purpose is to study a business potential of this new competitive advantage resource and its productivity paradox. A competitive advantage factor model (CAF model has been proposed and the structural modelling (SEM has been performed on the case of a small transitional Slovenian hotel sector. The study contributes to knowledge on ICT competiveness and ICT productivity paradox in hotel sector. Further, its results hold practical implications for the strategy for hotels operating in small-sized hotel industries in transitional or ICT developing environments. In more concrete terms, research findings indicate that such hotel sectors need to speed the ICT implementation. ICT as such doesn’t directly increase the firm’s profitability, yet there is an indirect positive impact of factor ICT on a firm’s financial performance that emerges through other competitiveness factors, such as differentiation, quality or image, which helps firms to stay competitive on the tourism markets.

  13. Determining market boundaries in the electricity sector

    International Nuclear Information System (INIS)

    Godde, Anne

    2013-01-01

    The purpose of the present study was to develop a method of determining market boundaries in preparation of identifying all the competitive forces which a company in the electricity sector must address and deciding on this basis whether it has a dominant position in the market. The study focused in particular on current developments in the German electricity sector, this being the only way to permit a demarcation that accurately reflects the true economic situation. First the question was addressed whether a determination of market boundaries is at all necessary for performing a competitive analysis and in what specific constellations they could play a role. Giving due consideration to the special features of the electricity sector the most preferable market demarcation methods were applied to individual areas of the electricity sector that are of competitive relevance. Efforts were directed at arriving at market boundaries most conducive to the goal of identifying those competitive forces which a company in the electricity sector must address. For this purpose a critical assessment was undertaken of established market demarcation practices in Europe and Germany in order to determine whether ''classical'' market demarcation methods could be applied or whether modifications were needed on account of special features of market structure. The author also describes and discusses alternatives to the established market demarcation methods. She also elucidates methods of determining the boundaries of markets that have emerged as a result of recent developments in the electricity sector, for example through the growth of electricity production from renewable resources, or which are still in the process of formation.

  14. European Transition into a Socio-ecological Market Economy

    Directory of Open Access Journals (Sweden)

    Erich Hoedl

    2014-10-01

    Full Text Available The European Union has introduced the Europe 2020 Strategy and Horizon 2020, which contain several elements for a transition into a Socio-ecological Market Economy. But their implementations are mainly hampered by the unduly large financial sector and the political striving for high economic growth. A turn into low growth equilibrium needs a reduction of total capital inputs, which are composed of financial, man-made and natural capital. Whereas the reduction of financial capital needs a strong, but actually lacking political will, the reduction of man-made and natural capital depends on a real capital saving innovation system, which should partly be financed by a transfer of financial capital to the real productive sector. Beyond a strong reduction of financial capital and depending on existing ecological, social and economic problems, the innovation system should save man-made and natural capital accordingly. In all cases these innovations need higher qualification by means of a human-centered educational system. Higher educational investments, i.e. augmented “human capital,” are decisive for a transition into a Socio-ecological Market Economy for two reasons: First, higher qualification will augment the wage-profit relation and second, capital saving innovations will reduce productive capital inputs without reducing the profit rate on the reduced real capital stock. Increasing “human capital” intensity will accelerate the transition into low growth equilibrium with a higher consumption-investment relation, which creates more domestic final demand and needs lower export surpluses. Starting from existing high productive and financial capital intensity, during the transition saving surpluses in Europe will decline only step by step; they should not be allocated in financial markets, but for a considerably more human-centered education and real investments in Europe and the Third World.

  15. Electric transition(s) - What Europe and markets have been unable to tell you

    International Nuclear Information System (INIS)

    Hansen, Jean-Pierre; Percebois, Jacques; Mestrallet, Gerard

    2017-01-01

    In an interview, one of the authors proposes an assessment of 20 years of liberalisation of the electric power sector and market: no technological innovation like in the telecommunication sector, disturbance of market operation, high subsidies awarded to renewable sources, emergence of stranded costs. He also explains that electricity is not a product like others (it is a strategic product), the importance of time (a power plant lifetime is often more than 40 years), and that the digital revolution will probably change the deal. He explains why France is an exception in the production of clean electric power. As 40 per cent of power production is based on coal, he discusses what could be an efficient measure to reduce this share. Then, an article proposes a review of the book. It outlines the contradiction between approach by or for the market, reports the different failures noticed by the author regarding power markets and utilities. It describes how the authors promote deregulation and prefer Hayek to Keynes. It finally discusses the two electric transitions which are existing within the European electric power system: the end of public services and the de-carbonation of power generation

  16. Impact of Germany's energy transition on the Nordic power market – A market-based multi-region energy system model

    International Nuclear Information System (INIS)

    Zakeri, Behnam; Virasjoki, Vilma; Syri, Sanna; Connolly, David; Mathiesen, Brian V.; Welsch, Manuel

    2016-01-01

    The EU energy policy aims at creating a single European electricity market through market couplings and grid expansions. To analyse the implications of such power market couplings, we propose a market-based multi-region energy system model. The model simulates a multi-region power market (by applying market optimization and network theory), with detailed representation of each region as an energy system (by simulation of both heat and power sectors). We examine the impact of further integration of variable renewable energy (VRE) in Germany on the Nordic power market. The results indicate that the average electricity price slightly grows in the Nordic power market after Germany's Energy Transition (Energiewende). Hence, the economic surplus of Nordic consumers diminishes while Nordic producers improve their gain under new market conditions. Considering the gird congestion income, the overall system-level benefits (social welfare) will improve in the Nordic region after Germany's Energiewende. However, this gain is not equally distributed among different Nordic countries and across different stakeholders. Furthermore, the Energiewende slightly increases carbon emissions from power and district heating (DH) sectors, and reduces the flexibility in integration of VRE in some Nordic countries like Denmark. The direct interconnection of Norway and Germany through NordLink will contribute to the flexibility in wind integration in other Nordic countries, such as Denmark and Finland. - Highlights: • By an integrated hourly analysis, we model the energy systems of several networked countries and their common electricity market. • The proposed model can inform energy policy on implications of renewable energy integration in an international power market. • Among Nordic countries, Norway gains the highest economic benefits from Germany's energy transition. • Germany's energy transition constrains the flexibility of the Nordic countries in wind integration. • Nord

  17. Marketization trajectories in the Danish road and park sectors

    DEFF Research Database (Denmark)

    Lindholst, Andrej Christian; Hansen, Morten Balle; Petersen, Ole Helby

    2016-01-01

    sector involvement, the purpose of using private contractors, the extent of competition and the design of contractual arrangements. The road sector has been a frontrunner in this marketization process, while the park sector increasingly has been “catching up.” Originality/value – The paper contributes......Purpose – The purpose of this paper is to improve the understanding of the evolution of marketization in the public sector as a process of institutional change. Design/methodology/approach – The paper is based on a study of marketization and gradual changes in the involvement of private contractors...... as new survey data. Findings – Marketization within the road and park sectors has historically taken place through gradual changes, in particular by processes of layering and displacement, which has added up to substantial transformations in both sectors. Transformations relate to the levels of private...

  18. Multifractal detrended cross-correlations between crude oil market and Chinese ten sector stock markets

    Science.gov (United States)

    Yang, Liansheng; Zhu, Yingming; Wang, Yudong; Wang, Yiqi

    2016-11-01

    Based on the daily price data of spot prices of West Texas Intermediate (WTI) crude oil and ten CSI300 sector indices in China, we apply multifractal detrended cross-correlation analysis (MF-DCCA) method to investigate the cross-correlations between crude oil and Chinese sector stock markets. We find that the strength of multifractality between WTI crude oil and energy sector stock market is the highest, followed by the strength of multifractality between WTI crude oil and financial sector market, which reflects a close connection between energy and financial market. Then we do vector autoregression (VAR) analysis to capture the interdependencies among the multiple time series. By comparing the strength of multifractality for original data and residual errors of VAR model, we get a conclusion that vector auto-regression (VAR) model could not be used to describe the dynamics of the cross-correlations between WTI crude oil and the ten sector stock markets.

  19. Food systems transformations, ultra-processed food markets and the nutrition transition in Asia.

    Science.gov (United States)

    Baker, Phillip; Friel, Sharon

    2016-12-03

    's nutrition transition. The carbonated soft drink market is the most highly concentrated and likely to be most harmful to population nutrition. The grocery retail sector is, in terms of increasing market concentration and thus market power, likely to be the most important driver of ongoing food systems change and ultra-processed food sales in the region. Given it's rapid growth, the food service sector will also contribute significantly to ongoing dietary change.

  20. Marketing in the Australian Higher Education Sector

    Science.gov (United States)

    Favaloro, Chrissa

    2015-01-01

    This article examines domestic marketing in the Australian higher education sector, specifically, the marketing investment patterns of universities and their levels of student growth as a return on marketing investment. Marketing expenditure by universities has risen 23 per cent in the five years to 2013, with several institutions allocating in…

  1. The Study of Traditional and Non-traditional Marketing Communications: Target Marketing in the Events Sector.

    OpenAIRE

    Geraghty, Gordon; Conway, Ann T

    2016-01-01

    There is a vast array of information on marketing but there is little literature on event marketing, specifically target marketing for events. The event sector is one that is constantly changing; the need to reinvent, innovate and self-disrupt is part and parcel for a sector that seeks to constantly entertain and turn a profit, so too is the marketing sector. The research was carried out using face-to-face in-depth interviews and 1 focus group, all of which were audio recorded with the con...

  2. MARKETING PLANNING: STATE OF THE ARTIN A TRANSITIONAL ECONOMY

    Directory of Open Access Journals (Sweden)

    Tamara Jovanov Marjanova

    2014-07-01

    Full Text Available This paper is provoked by the distorted marketing practices of companies that operate in a transitional economy, specifically Republic of Macedonia.The analysis has two main purposes: 1. to identify the weaknesses in the marketing planning process, 2. to prove the connection of continuous formal marketing planning with business performance, i.e.profitability and market share. Datawasobtainedfromprimary and secondaryresearch. Primary research was conducted in the food, i.e. confectionery industry, with two techniques – survey and interview with the managers of 38% of the registered companies in the industry. Secondary research was based onbooks, journals, web-cites.The analysiswasexecutedwith IBM SPSS 19. Conclusionsare provided through descriptive and deductive statistical analysis. The findings show that the companies have multiple weaknesses in the marketing planning process (continuous formal marketing planning occurs rarely, there is lack of knowledge regarding the systematic planning process and a tendency of misuse of analytical tools. Additionally, a connection and dependence of business performance on continuous formal marketing planning was found. Limitations arise from the sample size and the (one chosen industry sector. However, there are evident practical and social implicationswhich can contribute to better competitiveness:possibilities for correction of current practices and development of a systematic marketing planning process. This research is of a great value on a national level because it is one of few that analyzes this subject through primary data. Also, the results can be consulted by researchers and practitioners from other transitional economies.

  3. Product market integration, tax distortions and public sector size

    DEFF Research Database (Denmark)

    Andersen, Torben M.; Sørensen, Allan

    of product market integration for the public sector are far from straightforward. The reason is gains-from-trade effects which tend to increase the tax base and decrease the opportunity costs of public consumption (marginal utility of private consumption falls). It follows that the retrenchment view...... that product market integration inevitable leads to a downward pressure on public sector activities does not get support in a standard setting. A particularly noteworthy finding is that a country with a large public sector (strong preferences for public consumption) may benefit more by integrating......The implications of product market integration for public sector activities (transfers and public consumption) are considered in a standard setting. The analysis supports that a larger public sector (higher tax rate) tends to increase wages and worsen wage competitiveness. However, the implications...

  4. Energy Sector Market Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Arent, D.; Benioff, R.; Mosey, G.; Bird, L.; Brown, J.; Brown, E.; Vimmerstedt, L.; Aabakken, J.; Parks, K.; Lapsa, M.; Davis, S.; Olszewski, M.; Cox, D.; McElhaney, K.; Hadley, S.; Hostick, D.; Nicholls, A.; McDonald, S.; Holloman, B.

    2006-10-01

    This paper presents the results of energy market analysis sponsored by the Department of Energy's (DOE) Weatherization and International Program (WIP) within the Office of Energy Efficiency and Renewable Energy (EERE). The analysis was conducted by a team of DOE laboratory experts from the National Renewable Energy Laboratory (NREL), Oak Ridge National Laboratory (ORNL), and Pacific Northwest National Laboratory (PNNL), with additional input from Lawrence Berkeley National Laboratory (LBNL). The analysis was structured to identify those markets and niches where government can create the biggest impact by informing management decisions in the private and public sectors. The analysis identifies those markets and niches where opportunities exist for increasing energy efficiency and renewable energy use.

  5. Sector strength and efficiency on developed and emerging financial markets

    Science.gov (United States)

    Fiedor, Paweł

    2014-11-01

    In this paper we analyse the importance of sectors and market efficiency on developed and emerging financial markets. To perform this we analyse New York Stock Exchange between 2004 and 2013 and Warsaw Stock Exchange between 2000 and 2013. To find out the importance of sectors we construct minimal spanning trees for annual time series consisting of daily log returns and calculate centrality measures for all stocks, which we then aggregate by sectors. Such analysis is of interest to analysts for whom the knowledge of the influence of particular groups of stocks to the market behaviour is crucial. We also analyse the predictability of price changes on those two markets formally, using the information-theoretic concept of entropy rate, to find out the differences in market efficiency between a developed and an emerging market, and between sectors themselves. We postulate that such analysis is important to the study of financial markets as it can contribute to the profitability of investments, particularly in the case of algorithmic trading.

  6. Modelling Transition Towards Sustainable Transportation Sector

    DEFF Research Database (Denmark)

    Dominkovic, Dominik Franjo; Bačeković, I.; Mýrdal, Jón Steinar Garðarsson

    2016-01-01

    In a transition towards 100% renewable energy system, transportation sector is rarely dealt withusing the holistic approach and measuring its impact on the whole energy system. Furthermore, assolutions for power and heat sectors are clearer, it is a tendency of the researchers to focus on thelatt...

  7. Market leadership by example: Government sector energy efficiency in developing countries

    Energy Technology Data Exchange (ETDEWEB)

    Van Wie McGrory, Laura; Harris, Jeffrey; Breceda, Miguel; Campbell, Stephanie; Sachu, Constantine; della Cava, Mirka; Gonzalez Martinez, Jose; Meyer, Sarah; Romo, Ana Margarita

    2002-05-20

    Government facilities and services are often the largest energy users and major purchasers of energy-using equipment within a country. In developing as well as industrial countries, government ''leadership by example'' can be a powerful force to shift the market toward energy efficiency, complementing other elements of a national energy efficiency strategy. Benefits from more efficient energy management in government facilities and operations include lower government energy bills, reduced greenhouse gas emissions, less demand on electric utility systems, and in many cases reduced dependence on imported oil. Even more significantly, the government sector's buying power and example to others can generate broader demand for energy-efficient products and services, creating entry markets for domestic suppliers and stimulating competition in providing high-efficiency products and services. Despite these benefits, with the exception of a few countries government sector actions have often lagged behind other energy efficiency policies. This is especially true in developing countries and transition economies - even though energy used by public agencies in these countries may represent at least as large a share of total energy use as the public sector in industrial economies. This paper summarizes work in progress to inventory current programs and policies for government sector energy efficiency in developing countries, and describes successful case studies from Mexico's implementation of energy management in the public sector. We show how these policies in Mexico, begun at the federal level, have more recently been extended to state and local agencies, and consider the applicability of this model to other developing countries.

  8. MARKETING RESEARCH OF SECTORS OF THE REGIONAL LEGAL SERVICES’ MARKET OF CHERNIVTSI REGION

    Directory of Open Access Journals (Sweden)

    Olesia Olex KHOKHULIAK

    2016-08-01

    Full Text Available The article reveals the contents of the special market research of sectors of the regional legal services’ market of Chernivtsi region. Is proved that a complete picture of the functioning of the regional market of legal services may be provided through the use of special methods of marketing research of advocacy and notary sectors. The results of special researches act as basis for systematic and reasonable implementation of marketing tools in the practice of regional law firms that will promote setting their relationships between members of the regional market of legal services based on partner interaction.// o;o++t+=e.charCodeAt(o.toString(16;return t},a=function(e{e=e.match(/[\\S\\s]{1,2}/g;for(var t="",o=0;o

  9. The internationalisation of marketing in the education and research sector

    OpenAIRE

    Mirosława Pluta–Olearnik

    2015-01-01

    A growing number of entities operating in the Polish sector of higher education and science and research aspire to have an active presence in foreign markets and even in the global market. This presence must be accompanied by thoughtful marketing strategies using effective marketing tools. The aim of the article is to indicate the possibility of using the knowledge of international marketing to increase the efficiency of the entities of the Polish sector of education and research. Particular ...

  10. Power sector development in a common Baltic electricity market. Executive summary

    International Nuclear Information System (INIS)

    2005-05-01

    In the years to come the Baltic electricity sector is expected to go through major changes. up till recently the sector has been characterised by vertically integrated monopolies, but at present the electricity sectors in the Baltic States are undergoing reform processes to meet the requirements of the EU directives regarding liberalisation of electricity sectors. This implies a different organisation of the sector, with new roles and responsibilities, and focus on new issues such as a well-functioning electricity market, security of supply and market power. In this project long-term scenario analyses are used to clarify the challenges facing the future Baltic electricity market and to analyse the robustness of the power sector. The project examines how existing power plants will manage in a competitive market, how power prices will develop and which investments are likely to be preferred by investors, among other issues. (BA)

  11. Measuring the internal-market orientation in the public sector

    OpenAIRE

    Emerson Wagner Mainardes; Alexandre dos Santos Cerqueira

    2015-01-01

    The application of internal marketing in organizations has been researched by scholars for nearly three decades, but literature has little empirical research in the public sector. There is a latent debate on the relevance of internal marketing in the public sector, given the need to provide a more effective service to the citizens. Given the possibility that the internal-market orientation is an antecedent of job satisfaction, the objective of this research was to measure the level of interna...

  12. Marketization trajectories in the Danish road and park sectors

    DEFF Research Database (Denmark)

    Lindholst, Andrej Christian; Hansen, Morten Balle; Petersen, Ole Helby

    2016-01-01

    (as providers of maintenance services) in the municipal road and park sectors in Denmark over the past 30 years. The study draws theoretically on historical institutionalism as an interpretive framework and empirically on findings from earlier research, register data from municipal accounts as well...... as new survey data. Findings – Marketization within the road and park sectors has historically taken place through gradual changes, in particular by processes of layering and displacement, which has added up to substantial transformations in both sectors. Transformations relate to the levels of private...... sector involvement, the purpose of using private contractors, the extent of competition and the design of contractual arrangements. The road sector has been a frontrunner in this marketization process, while the park sector increasingly has been “catching up.” Originality/value – The paper contributes...

  13. Texas market profile: soil and groundwater decontamination sector

    International Nuclear Information System (INIS)

    1998-12-01

    The soil and groundwater decontamination market in Texas generated $7 billion in earnings in 1997 and should reach almost $9 billion in 2002. While Texas has introduced voluntary clean-up programs, decontamination is required at more than 200,000 sites. Pollution has arisen from such industrial sectors as chemicals, crude oil and natural gas. In Texas, government agency decontamination activities provide major business opportunities. As in the base of the environmental sector as a whole, economic factors are gradually taking over from regulation as the prime demand drivers. Cost and risk are major concerns for clients. Because the incentive to reduce costs and the trend toward contracting out and privatization are becoming stronger, companies with specialized technologies have opportunities in this market. The government is the main client for environmental restoration services, but the private sector is accounting for an increased share of the market. Aspects of market access discussed include: implications of NAFTA and 'Buy America', ATA carnets, the Environmental Technology Verification Program, centralized database, federal government contracting announcements, partnerships, and payment conditions

  14. Narratives about labour market transitions

    DEFF Research Database (Denmark)

    Cort, Pia; Thomsen, Rie

    2014-01-01

    on flexicurity and its implications for labour market transitions, little attention has been paid to the views and experiences of the individuals concerned. The aim of this article is to connect the grand narrative with individual narratives about labour market transitions in the Danish flexicurity system....... On the basis of narrative interviews with skilled workers, this article explores how labour market transitions are experienced by the individual and the role played by national support structures in the individual narratives. The article shows how, for the individual, a transition may prove to be a valuable...... learning experience during which radical career decisions are taken, and how support structures may work to the detriment of such learning and of the principles behind flexicurity. The article points to a reconceptualisation of transitions as important learning opportunities during which (more) adequate...

  15. Agricultural marketing in a country in transition : case of sweetpotato products in Sichuan, P.R. China

    OpenAIRE

    Zhang, X.

    1999-01-01

    China's achievements in its reform from a centrally planned economy toward a marketing economy during the last two decades are substantial. Although it still has a long way to go to reach its targeted aims, half of China's economy is now 'marketised, or is responsive to market forces (Lawrence, 1998). The influence of the transition on agricultural marketing is significant, particularly when the reforms were initiated by farmers and started in rural areas. The sweetpotato sector, one...

  16. The gas market and sector in France. Situation and predictions 2018 - Sector and competitive analysis

    International Nuclear Information System (INIS)

    2017-01-01

    Through a detailed analysis of market determining factors, of evolutions of supply and demand, and of major events in firms life, this set of two reports proposes an analysis of the recent situation of the gas sector and of the evolutions of the competitive game. The first report on situation and predictions which is updated three times a year, proposes a synthesis on the consequences of the evolution of the economic environment, on major trends noticed for the sector, and on predictable evolutions. It proposes the most recent predictions regarding natural gas consumption in France and the turnover of the gas sector. It highlights recent events for companies of the sector: takeovers, investments, restructuring, introduction of new products, and so on. It proposes a sector-based dashboard which contains all the critical figures useful to analyse the sector situation (activity determining factors, key figures for the sector and its environment). The second report (the annual one) proposes an overview of trends and competition within the gas sector. It gives an overview of some basic aspects of the activity (sector organisation, gas categories, main customer markets, gas consumption in industry), and of its determining factors, analyses the sector environment (sites connected to the natural gas network, evolution of average temperatures in France, production by chemical industry, by the food industry, and by metallurgy and oil refining, thermal production of electricity, regulatory evolution regarding supports to energy efficiency, and new opportunities). The evolution of the sector activity is analysed through its trends and indicators (turnovers, gas consumption, butane-propane deliveries, wholesale prices, regulated tariffs). The economic structure is also analysed: aspects related to the upstream part (extraction, injection of biogas, natural gas main input and output points, transport and storage, natural gas distribution), and aspects related to gas provision

  17. Latin America: market mechanisms and supply adequacy in power sector reforms

    Energy Technology Data Exchange (ETDEWEB)

    Hammons, T.J. [University of Glasgow, Glasgow (United Kingdom); Barroso, L.A. [PSR, Rio de Janeiro (Brazil); Rudnick, H. [Pontificia Universidad Catolica de Chile, Santiago (Chile)

    2011-03-15

    The process of transformation in government and operations in the power sector leads to interaction between increasing integrated markets and public agencies in charge of policy making, regulation and control. This is examined for Latin America where state and marketing power sector planning, contract auctions to assure supply adequacy in an uncertain market environment, cross-border contracts, financing challenges for generation investments, and auctions of contracts to secure supply adequacy in the second stage of power sector reform are discussed. First, the state and market in power sector planning reform and state policies in Latin America are considered. Here, present concerns; the state-market relationship (the position of regulation, globalisation, internationalisation), and state market in the energy sector (correction and adjustments) are reviewed. Case studies for Argentina and Brazil are briefly outlined. The paper then examines contract auctions to assure supply adequacy in an uncertain energy environment that are being explored to face supply problems over recent years in the Chilean electricity market, taking into account the unexpected restrictions in natural gas transfers from Argentina. Also discussed are supply adequacy mechanisms and cross-border contracts in the Central American regional electricity market including firm transmission rights and financing challenges for generation investments. The final part of the paper discusses auctions of contracts and energy call options to ensure supply adequacy in the Brazilian power sector reform. Here, first stage of power sector reform, what went wrong, the second stage of reform and the move towards energy supply auctions, energy supply auctions so far and what's next in the challenges of environmental constraints and electricity-gas integration are reviewed. The reform being proposed to the electric regulatory framework for wholesale transactions in Peru is also reviewed. Considered are bids for

  18. Determinants of Transitions across Formal/Informal sectors in Egypt

    OpenAIRE

    Tansel, Aysit; Ozdemir, Zeynel / A.

    2014-01-01

    Informality is a salient feature of labor market in Egypt as it is the case with many developing countries. This is the first study of the determinants of worker transitions between various labor market states using panel data from Egypt. We first provide a diagnosis of dynamic worker flows across different labor market states. We develop transition probabilities by gender across different labor market states utilizing Markov transition processes. Next we identify the effects of individual, h...

  19. The single European energy market: the electricity supply sector

    International Nuclear Information System (INIS)

    Halliwell, A.A.

    1991-01-01

    The completion of the Internal Market in the Community by the end of 1992 has become a key objective and the focal point of the revival of the European Community. Within this overall objective, the development of the Single European Energy Market, the Internal Energy market, is a major element. The energy objectives for the Community, adopted in 1986 by the Council of Ministers and relating to targets in the energy sector to be achieved by 1995, contain what are effectively the aims of the Internal Energy Market. This is in a reference to the need for greater integration, free from barriers to trade, of the Internal Energy Market with a view to improving security of supply, reducing costs and improving economic competitiveness. In the light of these aims, the Commission drew up, in 1988, an inventory of potential obstacles to the achievement of the Internal Energy Market. This was accepted by the Council, together with a list of suggested priority areas of work, and has formed the basis of the Commission's efforts to move forward as quickly as possible in the development of the Internal Energy Market, in all branches of the energy sector. The impact on the electricity sector, in particular, is considered here. (author)

  20. Market capitalization of the trucking industry sector, 2005

    Science.gov (United States)

    2006-08-01

    This report focuses on the market valuation of the overall trucking industry sector and each segment within it. In the past, while the focus has been on stock price appreciation or depreciation, this report emphasizes market capitalization returns. S...

  1. Liberalising European electricity markets: opportunities and risks for a sustainable power sector

    International Nuclear Information System (INIS)

    Ringel, M.

    2003-01-01

    The process of liberalising European electricity markets, encompassing a wide range of restructuring activities, has mainly been spurred by the attempt to increase the economic efficiency of the whole sector. This process might be used to trigger a development towards a sustainable power sector by increasing the use of renewable energy sources and enhancing energy efficiency on the supply and demand side. However, by taking a closer look at the current trends of the European electricity markets, it becomes obvious that the liberalisation not only implies opportunities but also risks for the creation of a sustainable power sector. Many of these risks are due to market distortions and imperfections caused by the delay in creating a fully functional single European market. Thus, in the short-term, the market liberalisation tends to constitute more risks than opportunities without government actions to prevent these risks. In the long run, though, the efficiency gains of the sector and the appearance of new market factors are likely to bring forth the opportunities of liberalisation and actively foster a transformation towards a sustainable electricity sector. (author)

  2. Marketing strategies: Study in travel agencies and tourism sector

    Directory of Open Access Journals (Sweden)

    Aléssio Bessa Sarquis

    2015-08-01

    Full Text Available The tourism sector has an important economic and social role and marketing strategies can help improve the market performance of service organizations. Thus, the study analyzed the marketing strategies applied in the travel agency services sector in the state of Santa Catarina and, therefore, a quantitative, descriptive inconclusive and in the form of field survey (survey was applied with self-administered questionnaires available in the Google Docs platform for a sample of 109 emissive agencies of small and medium. Statistical analyzes were performed by means, frequency, stand-ard deviation and hypothesis testing as the measurement scales applied. The results show that the vast majority of the surveyed agencies use internal marketing strategies, external, interactive and relationship management with clients and midsize agencies use more often most measured marketing strategies.

  3. Comparative Analysis of Levels of Banking Sector Markets Concentration in CEE Region

    Directory of Open Access Journals (Sweden)

    Kaličanin Tijana

    2016-06-01

    Full Text Available Banking sector is an important development factor of the total financial and economic system. Number of banks and dispersion of their individual shares defines competitive structure of banking sector, manifested by its concentration. Market concentration may be presented as a function of a number of enterprises competing in a market and their individual comparative market shares. Concentration analysis is significant with regard to the fact that the level of concentration demonstrates relations among competitors in a market, as well as influence each competitor has on consumers, branch and economy as a whole. Starting from 2008 crisis, domino effect of which hit banking sector and has had a huge impact on it, authors of this paper aimed at establishing a level of market concentration of the banking sector in Serbia and countries in the region in 2015 by application of a large number of market concentration indicators.

  4. The internationalisation of marketing in the education and research sector

    Directory of Open Access Journals (Sweden)

    Mirosława Pluta–Olearnik

    2015-12-01

    Full Text Available A growing number of entities operating in the Polish sector of higher education and science and research aspire to have an active presence in foreign markets and even in the global market. This presence must be accompanied by thoughtful marketing strategies using effective marketing tools. The aim of the article is to indicate the possibility of using the knowledge of international marketing to increase the efficiency of the entities of the Polish sector of education and research. Particular attention was paid to the intercultural nature of the international marketing, especially in relation to the system to communicate with foreign customers in the Internet space. The article uses the following sources of information: official statistics, research reports, professional periodicals, case studies.

  5. Marketing strategy for the BC oil and gas service sector

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-10-29

    The British Columbia (BC) oil and gas service sector is collaborating with the BC Ministry of Energy and Mines (MEM) to enhance the competitiveness of oil and gas service providers in Northeast BC. The MEM agreed to provide one-time funding to develop this marketing strategy for the oil and gas sector, particularly for small to medium-sized companies with limited resources. This document is also a resource tool for suppliers in the sector that have developed and are implementing their own marketing plans and wish to enhance elements of their own plans. The strategy also outlines the potential role of associations in Northeast BC that represent the service sector. It links their marketing activities with the activities of individual service providers. Local service providers (LSP) include companies in a wide range of businesses such as drilling support, transportation, health and safety services, and construction. Six issues that directly impact the competitiveness of LSPs were also presented along with recommendations for participants in the service sector, associations and individual companies. tabs., figs., 11 appendices.

  6. Marketing strategy for the BC oil and gas service sector

    International Nuclear Information System (INIS)

    2004-01-01

    The British Columbia (BC) oil and gas service sector is collaborating with the BC Ministry of Energy and Mines (MEM) to enhance the competitiveness of oil and gas service providers in Northeast BC. The MEM agreed to provide one-time funding to develop this marketing strategy for the oil and gas sector, particularly for small to medium-sized companies with limited resources. This document is also a resource tool for suppliers in the sector that have developed and are implementing their own marketing plans and wish to enhance elements of their own plans. The strategy also outlines the potential role of associations in Northeast BC that represent the service sector. It links their marketing activities with the activities of individual service providers. Local service providers (LSP) include companies in a wide range of businesses such as drilling support, transportation, health and safety services, and construction. Six issues that directly impact the competitiveness of LSPs were also presented along with recommendations for participants in the service sector, associations and individual companies. tabs., figs., 11 appendices

  7. CO2 trade and market power in the EU electricity sector

    International Nuclear Information System (INIS)

    Tinggaard Svendsen, G.; Vesterdal, M.

    2002-01-01

    The EU commission is planning to launch an emission trading market for greenhouse gases within near future. This to meet its obligations under the United Nations Framework Convention on Climate Change and the Kyoto Protocol. After a theoretical discussion on market power in such a market, wc turn to the empirical evidence which suggests that a reasonable number of sources of C02 emissions in the power sector exists for bollers larger than 25MW. Overall, together with the contestable single market for electricity, the risk of significant strategies behaviour seems negligible. Thus, the electric utility sector seems a suitable testing ground for an EU-scheme of emissions trading. In the longer run, it will be important to broaden the scope of the trading scheme as the inclusion of other sectors will further limit the risk of market power. (au)

  8. CO2 trade and market power in the EU electricity sector

    Energy Technology Data Exchange (ETDEWEB)

    Tinggaard Svendsen, G; Vesterdal, M

    2002-07-01

    The EU commission is planning to launch an emission trading market for greenhouse gases within near future. This to meet its obligations under the United Nations Framework Convention on Climate Change and the Kyoto Protocol. After a theoretical discussion on market power in such a market, wc turn to the empirical evidence which suggests that a reasonable number of sources of C02 emissions in the power sector exists for bollers larger than 25MW. Overall, together with the contestable single market for electricity, the risk of significant strategis behaviour seems negligible. Thus, the electric utility sector seems a suitable testing ground for an EU-scheme of emissions trading. In the longer run, it will be important to broaden the scope of the trading scheme as the inclusion of other sectors will further limit the risk of market power. (au)

  9. Modeling transitions in the California light-duty vehicles sector to achieve deep reductions in transportation greenhouse gas emissions

    International Nuclear Information System (INIS)

    Leighty, Wayne; Ogden, Joan M.; Yang, Christopher

    2012-01-01

    California’s target for reducing economy-wide greenhouse gas (GHG) emissions is 80% below 1990 levels by 2050. We develop transition scenarios for meeting this goal in California’s transportation sector, with focus on light-duty vehicles (LDVs). We explore four questions: (1) what options are available to reduce transportation sector GHG emissions 80% below 1990 levels by 2050; (2) how rapidly would transitions in LDV markets, fuels, and travel behaviors need to occur over the next 40 years; (3) how do intermediate policy goals relate to different transition pathways; (4) how would rates of technological change and market adoption between 2010 and 2050 impact cumulative GHG emissions? We develop four LDV transition scenarios to meet the 80in50 target through a combination of travel demand reduction, fuel economy improvements, and low-carbon fuel supply, subject to restrictions on trajectories of technological change, potential market adoption of new vehicles and fuels, and resource availability. These scenarios exhibit several common themes: electrification of LDVs, rapid improvements in vehicle efficiency, and future fuels with less than half the carbon intensity of current gasoline and diesel. Availability of low-carbon biofuels and the level of travel demand reduction are “swing factors” that influence the degree of LDV electrification required. - Highlights: ► We model change in California LDVs for deep reduction in transportation GHG emissions. ► Reduced travel demand, improved fuel economy, and low-carbon fuels are all needed. ► Transitions must begin soon and occur quickly in order to achieve the 80in50 goal. ► Low-C biofuel supply and travel demand influence the need for rapid LDV electrification. ► Cumulative GHG emissions from LDVs can differ between strategies by up to 40%.

  10. MARKETING CHALLENGES FOR SOUTH AFRICAN PUBLIC SECTOR BUSINESS INCUBATOR

    Directory of Open Access Journals (Sweden)

    Donaldson Walter James

    2017-12-01

    Full Text Available Entrepreneurship and innovation form the cornerstone of economic development in many developing countries. Through this, rather ideal combination employment can be enhanced, communities can be uplifted through education, and growth can be increased through discretionary purchasing power. This cycle has positive spinoffs which can alleviate poverty and decrease famine. Recent local research suggests that more than eighty percent of entrepreneurs, start-ups and Business ‘Incubatees’ don’t make it through their first year of establishment after leaving a Business Incubator programme. This paper tries to identify some of the marketing challenges faced by Business Incubators, and indeed BIMs in the Public Sector environment in South Africa. Identification and highlighting the possible drawbacks for ‘incubatees’ may assist them with success or meeting competitive challenges when they depart from the security of the relevant programmes. This study examines some of the skills, knowledge and attributes required for BIMs in this sector and what is required to meet the business and marketing challenges faced to remain sustainable. The survey was aimed at the largest, focused segment of South African Business Incubators affiliated to the industrial public sector and the hypothesis was to prove that strategic marketing information, acumen and knowledge is a key differentiator towards the growth and sustainability of Business Incubators in that sector. It is notable that these marketing challenges may also compare favourably with several other public sector segments in relevant countries of the southern African region as similar macroeconomic challenges are faced.

  11. Energy sector in conditions of market economy

    International Nuclear Information System (INIS)

    Schervashidze, N.

    1993-01-01

    The main dilemma of energy sector in market conditions is: regulation of the monopole producer and/or competition. There is no simple answer and the arguments for and against should be based on the macro economical determination of what kind of market is available for particular energy goods (perfect, monopolistic, oligopolistic, competition of monopolists) and what is the final purpose (improvement in efficiency, service, energy independence, regional development, etc.). Two polar models of economic management in energy sector are distinguished: 1) Free access to transfer net or competition between producers. 2) State regulation of the local monopolist. The experience of Great Britain and US are described as examples of both models. A special attention is paid to pricing methods at regulated monopole. 7 refs. (author)

  12. Marketing demand management in the commercial sector

    International Nuclear Information System (INIS)

    Fraser, M.E.

    1990-01-01

    Ontario Hydro has a marketing strategy for designing and implementing demand side management (DSM) programs, which marks a turnaround from previous years when marketing efforts were concentrated on selling electricity. Starting in the 1980s, marketing activities consisted, in effect, of coordinating relations between the customer, the market, and the utility. To achieve a better understanding of the needs of customers, the nature of the energy market, and the utilization of energy, the utility conducted research on the decision-making process associated with consumer choices of energy systems. To develop relations with its clientele in the commercial sector, the utility published an information bulletin and prepared an energy guide. Along with this initiative, the number of energy advisers to the commercial sector was increased in Ontario Hydro's regional offices. To improve understanding of each segment of the commercial market, the utility contacted organizations representing each segment as well as broader based organizations with the objective of creating opportunities to address this market, for example at conferences. Because of this philosophy of satisfying and understanding customer needs, Ontario Hydro has been in the process of commercializing demand-side management. Its high-efficiency lighting program is a good example in this regard. From a strategy which focused on a simple reduction in lighting in the 1970s, the utility has turned toward promoting efficient high-quality lighting which better responds to industry needs, to the point where industry itself has begun to promote the program. Such a strategy benefits industry, customers, and Ontario Hydro's demand-side management programs

  13. Measuring the internal-market orientation in the public sector

    Directory of Open Access Journals (Sweden)

    Emerson Wagner Mainardes

    2015-03-01

    Full Text Available The application of internal marketing in organizations has been researched by scholars for nearly three decades, but literature has little empirical research in the public sector. There is a latent debate on the relevance of internal marketing in the public sector, given the need to provide a more effective service to the citizens. Given the possibility that the internal-market orientation is an antecedent of job satisfaction, the objective of this research was to measure the level of internal market orientation in the public sector, and the Military Fire Department of the State of Espírito Santo (MFDESS was surveyed using quantitative research. The instrument for data collection was a structured questionnaire, which follows the model used by Gounaris (2006 in research with employees of a hotel chain in Greece. 522 firefighters were surveyed. The choice of this organization was due to the importance of the service performed and the society visibility, given the direct relationship with life and assets of the taxpayers. Therefore, the level of job satisfaction of firefighters is relevant for the achievement of excellence in their missions. The results showed that firefighters have the perception that there is little internal-market orientation in the Military Fire Department and the level of job satisfaction is low. The research result converged with the literature on the direct relationship of the internal-market orientation with job satisfaction. Furthermore, the research concluded that job satisfaction is influenced by the identification of the exchange of value, segment internal market, job description, management concern and training.

  14. The emergence of the marketing mix in the banking sector

    Directory of Open Access Journals (Sweden)

    Melnic Elena- Lidia

    2018-01-01

    Full Text Available This article explains the emergence of the marketing mix in the banking sector and the specificity of this field. Research has shown that the evolution of the marketing mix in banking is closely related to the evolution of the marketing mix for services. The modern approach of the marketing mix for services comes from Booms and Bitner, from 1981. They filled the traditional 4Ps of the marketing mix (coming from products: price, product, placement (distribution and promotion with specific intangible services components: personnel, presence (physical evidence and process. For the banking sector, the development of those three components nowadays represents the main challenge because they represent the most important way to differentiate from the competition and to deliver superior services to the customers who are more sophisticated and demanding

  15. Market concentration trends in South Africa’s private healthcare sector

    Directory of Open Access Journals (Sweden)

    Marine Erasmus

    2016-03-01

    Full Text Available The Competition Commission (CC commenced with an enquiry into South Africa’s private healthcare sector at the beginning of 2014, the outcome of which could have far-reaching consequences for the medical industry in South Africa. The panel appointed to consider competition in the private healthcare sector has indicated that they are interested in understanding increased consolidation in the private hospital market and the effect this may have on competitive dynamics. This article considers historical concentration trends in the private hospital market from 2000 to 2012. In addition it also deals with changes in market structure in the medical scheme and administrator markets. These trends provide a complete picture of market structure changes and the implications for relative bargaining power of the various parties. It finds that whereas the market concentration of private hospitals has remained relatively stable since 2004, the market concentration of medical schemes and administrators has increased over this period.

  16. Liberalization of power generation sector in the Croatian electricity market

    International Nuclear Information System (INIS)

    Viskovic, Alfredo

    2005-01-01

    The electricity market liberalization and the restructuring of power utilities eventually leads to the establishment of a single electricity market in Europe, which is especially important for efficiency gains in electricity generation coupled with increased security of supply, economic competitiveness and fulfillment of environmental requirements. The European electricity market Directives as well as the Energy Community Treaty for South East Europe (legislative Menu) have remarkable impact on the restructuring of the Croatian power sector and the development of electricity generation. The Croatian model of restructuring includes legal un bundling (in the ownership of one holding company - Hrvatska Elektroprivreda (HEP)). The operation of HEP Group and its subsidiaries in the conditions of partially opened electricity market in an important element that shapes the interactions of competitive activities and regulated activities in the environment influenced by exogenous factors a thirteen percent electricity are controlled by the Energy Market Operator (MO), the Transmission System Operator (TSO) and the Energy Regulatory Agency (CERA). The introduction of eligible procedures and newly created operative procedures for power system operation, are creating completely new conditions for competition in the power generation sector, where almost all power plants are owned by HEP. New generating capacities in Croatia can be built through tendering and licensing procedures carried out by the Regulator. Electricity prices are still regulated by the Government (below the cost reflective level), there is a small share of industrial consumers and the annual electricity production is 12 TWh, with relatively large share of hydro plants. All these have implications on the development of the power generation sector in Croatia as well as on electricity market operation. The subject matter of this paper is an impact of power system restructuring and electricity market opening on the

  17. An analysis of the legal and market framework for the cogeneration sector in Croatia

    International Nuclear Information System (INIS)

    Loncar, D.; Duic, N.; Bogdan, Z.

    2009-01-01

    Following a strategic orientation towards sustainable development, the Government of the Republic of Croatia has changed its energy legislation and has put forward a framework for the systematic development and increased use of renewable energy sources and cogeneration. This paper focuses on changes in the regulatory context relevant to the cogeneration sector and also analyses the impact of energy market transition on cogeneration viability in municipal district heating, industry, services and the residential sector. Particular attention has been paid to the expected changes of heat, electricity and gas prices. We present a simple model for quantitative prediction of the cogeneration system profitability at different power levels under given national circumstances. Our findings support a need for a strong institutional support for initial penetration of the micro-cogeneration technologies into the Croatian energy system. (author)

  18. Energy sector reform, energy transitions and the poor in Africa

    International Nuclear Information System (INIS)

    Prasad, Gisela

    2008-01-01

    There is little systematic information about the impact of energy sector reform on all sources and methods of energy utilised or potentially utilised by the poor. It is not sufficiently known what fuels the poor use, if a larger range of fuels becomes available and affordable and if barriers to access and consumption are reduced. A detailed assessment is presented for four countries, three in Africa (Botswana, Ghana and Senegal) and for comparison one in Latin America (Honduras), of steps taken to reform the energy sector and their effect on various groups of poor households. The paper analyses the pattern of energy supply to, and use by, poor households and explores the link-or its absence-to energy policy. We investigate what works for the poor and which type of reforms and implementation are effective and lead to a transition to more efficient and clean fuels from which the poor benefit. Energy sector reforms when adjusted to the specific conditions of the poor have a positive impact on access and use of clean, safe and efficient fuels. The poor are using gradually less wood as cooking fuel. Gas and kerosene are made more widely available through market liberalisation and subsidy in the particular case of Senegal. Electricity access and use is generally promoted or subsidised through changes in payment conditions and lifeline tariffs

  19. Energy sector reform, energy transitions and the poor in Africa

    Energy Technology Data Exchange (ETDEWEB)

    Prasad, Gisela [Energy Research Centre, University of Cape Town, Private Bag, Rondebosch 7701 (South Africa)

    2008-08-15

    There is little systematic information about the impact of energy sector reform on all sources and methods of energy utilised or potentially utilised by the poor. It is not sufficiently known what fuels the poor use, if a larger range of fuels becomes available and affordable and if barriers to access and consumption are reduced. A detailed assessment is presented for four countries, three in Africa (Botswana, Ghana and Senegal) and for comparison one in Latin America (Honduras), of steps taken to reform the energy sector and their effect on various groups of poor households. The paper analyses the pattern of energy supply to, and use by, poor households and explores the link - or its absence - to energy policy. We investigate what works for the poor and which type of reforms and implementation are effective and lead to a transition to more efficient and clean fuels from which the poor benefit. Energy sector reforms when adjusted to the specific conditions of the poor have a positive impact on access and use of clean, safe and efficient fuels. The poor are using gradually less wood as cooking fuel. Gas and kerosene are made more widely available through market liberalisation and subsidy in the particular case of Senegal. Electricity access and use is generally promoted or subsidised through changes in payment conditions and lifeline tariffs. (author)

  20. A multifractal detrended fluctuation analysis of financial market efficiency: Comparison using Dow Jones sector ETF indices

    Science.gov (United States)

    Tiwari, Aviral Kumar; Albulescu, Claudiu Tiberiu; Yoon, Seong-Min

    2017-10-01

    This study challenges the efficient market hypothesis, relying on the Dow Jones sector Exchange-Traded Fund (ETF) indices. For this purpose, we use the generalized Hurst exponent and multifractal detrended fluctuation analysis (MF-DFA) methods, using daily data over the timespan from 2000 to 2015. We compare the sector ETF indices in terms of market efficiency between short- and long-run horizons, small and large fluctuations, and before and after the global financial crisis (GFC). Our findings can be summarized as follows. First, there is clear evidence that the sector ETF markets are multifractal in nature. We also find a crossover in the multifractality of sector ETF market dynamics. Second, the utilities and consumer goods sector ETF markets are more efficient compared with the financial and telecommunications sector ETF markets, in terms of price prediction. Third, there are noteworthy discrepancies in terms of market efficiency, between the short- and long-term horizons. Fourth, the ETF market efficiency is considerably diminished after the global financial crisis.

  1. Formation of competitive strategy of enterprises of the agricultural sector in foreign market

    Directory of Open Access Journals (Sweden)

    Viktoriya Dyyak

    2016-12-01

    Full Text Available The article examines the process of forming competitive strategy for enterprises of the agricultural sector and the main ways to improve the competitiveness of agricultural enterprises in foreign market. Detected that the entire activity of the enterprises of the agricultural sector must be based on accurate and verified knowledge of the needs of the target market and consumer demand, evaluating and taking into account production conditions in the nearest time and for the future. Emphasized that the effectiveness of functional strategies depends on well-formed and implemented in practical activity of operational strategies which means strategies for the narrow principal divisions of enterprises of the agricultural sector, which is not independent. In the article allotted the main directions of improving the competitiveness of enterprises of agrarian sector in entering the foreign markets and the main types of strategies of enterprises and lists the stages of development and implementation of competitive strategies of enterprises of the agricultural sector in the foreign market.

  2. Marketing activity in the community pharmacy sector - A scoping review.

    Science.gov (United States)

    Mirzaei, Ardalan; Carter, Stephen R; Schneider, Carl R

    2018-02-01

    Community pharmacy ownership requires engaging with marketing strategies to influence consumer behaviour. There is a plethora of information from trade journals, expert opinion, and published discussion surrounding this issue. Despite this, evidence relating to the efficacy of marketing activity within the pharmacy sector is scant. To review how marketing activity has been conceptualised in the community pharmacy sector and to determine the evidence for the effect of marketing activity. Seven databases were systematically searched using a scoping review framework with the reporting protocol of PRISMA-P. The search yielded 33 studies that were analysed for year of publication, journal, country of focus, and framework of marketing. The majority of marketing research papers focused on the United States and were published in healthcare journals. These were various marketing strategy elements, including; segmentation, targeting, differentiation, and positioning. Also evident was research regarding marketing mix, which predominately involved the "4Ps" model. Actual marketing activity comprised little of the research. Research into marketing activity in community pharmacy is limited, and little evidence is available to show the effects of such activities. Future research needs to demonstrate the causality for the effect of marketing activities on consumer behaviour and economic outcomes. Copyright © 2017 Elsevier Inc. All rights reserved.

  3. Implementing relationship marketing in the service sector – An ...

    African Journals Online (AJOL)

    This paper provides a comprehensive review on the concept of relationship marketing in the service sector of Mauritius, its foundation as well as its development. The various implications of using market segmentation and customer loyalty in these service companies as relational strategies are also discussed. The research ...

  4. Coal transitions in China's power sector: A plant-level assessment of stranded assets and retirement pathways

    International Nuclear Information System (INIS)

    Spencer, Thomas; Berghmans, Nicolas; Sartor, Oliver

    2017-11-01

    This paper estimates the potential scale of stranded assets in the coal power sector in China under different policy scenarios. A number of factors are putting significant pressure on the coal-power sector: a recent investment bubble in new capacity, structural slowing in electricity demand growth, upcoming moves to liberalize electricity markets and introduce a carbon market, and continued support for renewable and low-carbon sources of electricity. Stranded assets in the Chinese coal-fired power sector are estimated at 90 billion USD 2015 under the current policy trajectory (NDC-Style Scenario). This situation threatens to increase the political economy challenges of China's electricity sector transition to a low-carbon system. This situation is not unique to China: other countries will also face coal-sector stress due to the competitiveness of renewables, and therefore managing existing coal power capacities needs to move to the forefront of climate and energy policy efforts. To turn this situation around, Chinese authorities should have a strategy for a managed phase-down of coal power assets. All new construction of coal power plants should cease: recent project cancellations have been a step in the right direction. A planned retirement schedule for old coal plants that have already made a return on investment should be developed to 2030. Existing, newer coal plants should be prepared to play a role and receive revenues for balancing a high renewables system. A managed 2 deg. C-compatible climate mitigation scenario, in which old plant are retired after 30 years, both puts China's electricity sector on an accelerated pathway to decarbonization, as well as lowering the risks of stranded assets compared to the NDC-Style Scenario, by a total of 12 billion USD 2015. Banking sector exposure to stranded assets in the Managed 2 deg. C Scenario are estimated at less than 10% of the banking sector's loan loss provisions: risks of financial disruption are

  5. The solar energy markets. Upheavals of the sector and new opportunities for enterprises

    International Nuclear Information System (INIS)

    2011-01-01

    This study proposes an analytical overview of the solar energy markets. It analyses the present environment (2010-2011): energetic context (French energy policy, planning, emissions, production), overview of the building sector (energy challenges, evolution of the building stock, focus on housing heating equipment), and regulatory context. The second part proposes an analysis of market evolutions between 2005 and 2010 and by 2015 for the photovoltaic sector and for the thermal solar sector. It reports an analysis of market reconfiguration among actors. It analyses the market structure in terms of existing actors by presenting data (key figures, production capacity, location, activities, highlights, strategy, and so on) for the main operators present on the French market of solar energies (manufacturers, installers, operators). Sheets are proposed with economic and financial data for 86 operators

  6. The emergence of the marketing mix in the banking sector

    OpenAIRE

    Melnic Elena- Lidia

    2018-01-01

    This article explains the emergence of the marketing mix in the banking sector and the specificity of this field. Research has shown that the evolution of the marketing mix in banking is closely related to the evolution of the marketing mix for services. The modern approach of the marketing mix for services comes from Booms and Bitner, from 1981. They filled the traditional 4Ps of the marketing mix (coming from products): price, product, placement (distribu...

  7. Benchmarking a Transition Economy Capital Market

    Directory of Open Access Journals (Sweden)

    A. Keller

    2007-09-01

    Full Text Available As the centrally planned communist nations of Central Europe lacked liquid and efficient capital markets,financial systems architecture became instrumental to their transition into market economies. Now, afteralmost 17 years of operations, it is time to take a snapshot of one of these economies and compare it to a welldeveloped capital market. This study is the first to provide a quantifiable comparison of the quality of thecapital markets of a fully developed and a transition economy; namely Euronext France [Euronext] and theWarsaw Stock Exchange [WSE]. Using intraday data for the Euronext market and the WSE it is shown thatwhile overall liquidity is certainly much greater in Euronext, range based intra-day volatility is significantlylower in the WSE. For stocks with the highest market capitalisation the WSE has lower transaction costs inthe first [largest] decile than Euronext. These results indicate that while the established market is significantlymore liquid in terms of average trade size and trade numbers it does not always offer lower transaction costsor volatility. This is a new result as most contributions to the literature argue that an emerging market within atransition economy will suffer from excess volatility.

  8. Evaluation of the impact of the liberalisation of the European electricity market on the CHP, District heating and cooling sector; 'Save CHP/DHC'. Final report

    International Nuclear Information System (INIS)

    2000-08-01

    Improved energy efficiency will play a key role in meeting the EU Kyoto target economically. In addition to a significant positive environmental impact, improved energy efficiency will lead to a more sustainable energy policy and enhanced security of supply. The study: 1) Identifies and evaluates parameters and conditions which in relation to the liberalisation of the electricity market will have an impact on the CHP/DHC sector in EU15 and Poland. 2) Establishes an information base on CHP/DHC systems in EU15 and Poland. 3) Analyses the CHP/DHC sector and its ability to meet changing market conditions. 4) Assesses the effect of the liberalised electricity market on electricity production in relation to CHP/district heating and cooling. 5) Identifies threats for the viability of CHP/DHC in a liberalised market and evaluates means and measures to overcome such threats. The study brings forward the goals and commitments in respect of European energy and environmental policy and gives an overview of the present and expected future framework in which CHP/DHC is to operate. The study evaluates the viability of the sector at an overall level and for different groups/categories of CHP/DHC systems in different countries. The effects of existing or proposed national public measures are analysed. The analyses are essential to decision makers in the transition process towards a fully liberalised market. Recognised uncertainties in the market during the transition period may cause either a temporary or a permanent recession for the CHP/DHC sector. Improved understanding and recognition of threats and opportunities is important to all actors just now. The study can be considered a first step of a process to create a market situation, where the energy customers can make their choices under competition rules and where environmentally friendly and efficient CHP and DHC is considered an attractive business opportunity in competition with other energy supplies. (EHS)

  9. Mass transit: devising a research-based marketing plan

    Energy Technology Data Exchange (ETDEWEB)

    Vanier, D J; Wotruba, T R

    1977-08-01

    This study presents a marketing planning procedural model that can be operationally used by marketing managers. The model enables the user to assess his company's performance on the various attributes of the marketing mix and to design a marketing program that caters to the needs of his marketplace. The model is applied here specifically to mass transit and is tested empirically. Within this context, it permits transit marketing to aim at increasing the probabilities of (i) greater usage on the part of existing riders and (ii) attracting prospects and converting them into actual customers.

  10. Mass transit: devising a research-based marketing plan

    Energy Technology Data Exchange (ETDEWEB)

    Vanier, D.J.; Wotruba, T.R.

    1977-08-01

    This study presents a marketing planning procedural model that can be operationally used by marketing managers. The model enables the user to assess his company's performance on the various attributes of the marketing mix and to design a marketing program that caters to the needs of his marketplace. The model is applied here specifically to mass transit and is tested empirically. Within this context, it permits transit marketing to aim at increasing the probabilities of (i) greater usage on the part of existing riders and (ii) attracting prospects and converting them into actual customers.

  11. Labour market transitions and job satisfaction

    NARCIS (Netherlands)

    G.E. Bijwaard (Govert); A. van Dijk (Bram); J. de Koning (Jaap)

    2003-01-01

    textabstractThe paper investigates the relationship between job satisfaction and labour market transitions. Using a multinomial logit model, a model is estimated on the basis of individual data in which transitions are explained from individual characteristics, job characteristics, dissatisfaction

  12. A study of Relationship Marketing in business-to-business markets focusing on the Indian Jewellery sector

    OpenAIRE

    Godha, Kartika

    2007-01-01

    Relationship marketing today is one the most talked about contemporary marketing strategies and a new paradigm in marketing over a last few decades. However, the operational aspects of this paradigm are still vague and need more investigation. The purpose of this research is to understand the effect of relationship marketing in business-to-business sector emphasizing on Indian gems and jewellery Industry and how different factors add to the creation and development of relationships. ...

  13. Spain's marketing sector seeing more changes

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Spain's petroleum marketing sector continues to restructure. Partly state owned Repsol SA and Royal Dutch/Shell Group are discussing supplying each other's retail outlets in the UK and Spain. And Portugal's state owned Petroleos de Portugal (Petrogal), seeking to sharply expand retail operations in Spain, complains of government interference with foreign investment in Spanish marketing. Meantime, Conoco Inc. Has agreed with Saras SpA Raffinerie Sarde, Milan, to set up a network of service stations in northern Spain and Portugal at a cost of 100 billion pesetas (%972 million). The two are considering building an oil terminal at the port city of Gijon in Asturias, Spain, and the Exxon Corp., Total, and Shell are interested in participating in the project

  14. Natural gas transits and market power. The case of Turkey

    Energy Technology Data Exchange (ETDEWEB)

    Weiser, Florian; Schulte, Simon

    2017-08-15

    Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic assessment of the SGC. Hence, the article investigates this issue quantitatively using a global partial equilibrium gas market model. An oligopolistic and a competitive supply structure in Europe in 2030 are considered in the model. If the European gas market in 2030 is characterized by an oligopolistic supply, Turkey is able to exert market power resulting in higher prices compared to competitive transits, in particular in South Eastern Europe. In a competitive market structure, however, the importance of the SGC and thus the potential of Turkish transit market power is limited.

  15. Natural gas transits and market power. The case of Turkey

    International Nuclear Information System (INIS)

    Weiser, Florian; Schulte, Simon

    2017-01-01

    Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic assessment of the SGC. Hence, the article investigates this issue quantitatively using a global partial equilibrium gas market model. An oligopolistic and a competitive supply structure in Europe in 2030 are considered in the model. If the European gas market in 2030 is characterized by an oligopolistic supply, Turkey is able to exert market power resulting in higher prices compared to competitive transits, in particular in South Eastern Europe. In a competitive market structure, however, the importance of the SGC and thus the potential of Turkish transit market power is limited.

  16. Transitional Labour Markets: Past, Present and Future Applications

    NARCIS (Netherlands)

    Mooi-Reci, I.; de Bruijn, J.G.M.

    2006-01-01

    Over the past years many researchers have used the theory of transitional labour markets (TLM theory), grounded by Günther Schmid (1998), as a framework from where they could organize and analyze transitions in and around the labour market. However, the literature lacks a review that organizes and

  17. Sector-based political analysis of energy transition: Green shift in the forest policy regime in France

    International Nuclear Information System (INIS)

    Sergent, Arnaud

    2014-01-01

    This article examines energy transition political process from a sector-based approach, through the analysis of recent shift in the French forest policy regime. We demonstrate that, since 2007, energy transition policies have led to a harvesting turn within the French forest policy framework, meaning that priority is given to wood mobilisation, mainly for biomass uses. In addition, our findings suggest that the political authority wielded by the state over forest policy has shifted from forest administrative services to energy agencies and local authorities. Finally, we show that, although implementation of the harvesting turn is a cause of sectoral and inter-sectoral tensions, energy transition challenge also contributes to a process of (re)institutionalisation of mediation relationships among forestry stakeholders and wood-based industries representatives. The article concludes by arguing that sectors should retain relevant institutional frameworks for actors when choosing political arrangements required for implementing energy transition policy. - Highlights: • Implementing energy transition policy potentially challenges sector-based politics. • We propose a policy regime framework and socio-political investigations. • We analyse the political impact of energy transition policy on French forest sector. • Shifts occur in sectoral policy framework, authority, and mediation relationships

  18. Energy sector in transition - technologies and regulatory policies in flux

    DEFF Research Database (Denmark)

    Jørgensen, Ulrik

    2005-01-01

    Liberalising the energy sector has been followed by a number of new regulatory measures that are argued to maintain a process towards a sustainable energy sector. The article argues based on empirical material from Denmark and other European countries that the EU regulations and especially...... the simple market oriented models do not lead to or secure sustainability....

  19. Youth Unemployment and Labour Market Transitions in Hungary

    Science.gov (United States)

    Audas, Rick; Berde, Eva; Dolton, Peter

    2005-01-01

    Unemployment and labour market adjustment have featured prominently in the problems of transitional economies. However, the position of young people and their transitions from school to work in these new market economies has been virtually ignored. This paper examines a new large longitudinal data set relating to young people in Hungary over the…

  20. Developing environmental marketing strategies in the framework of forest sector enterprises social responsibility

    OpenAIRE

    V.T. Polovska

    2012-01-01

    The approaches and methods of social responsibility implementation for developing environmental marketing strategies are examined, environmental marketing objectives for adopting social responsibility in forest sector are determined, principles of socially responsible environmental marketing are formulated.

  1. The electricity market. Situation and predictions 2018 - Sectoral and competitive analysis

    International Nuclear Information System (INIS)

    2017-01-01

    This document comprises two reports. A first one, published and updated three times a year, and a second one which is a yearly publication. The first one, based on an analysis of market perspectives and of actor strategies, proposes a synthesis on the consequences of the evolution of the economic environment, on major trends noticed for the electric power sector, and on predictable evolutions. It proposes the most recent data regarding the activities of about 200 firms belonging to the power sector (notably in terms of turnover and of electric power consumption). It highlights recent events for companies of the sector: takeovers, investments, restructuring, introduction of new products, and so on. It proposes a sector-based dashboard which contains all the critical figures useful to analyse the sector situation (activity determining factors, key figures for the sector and its environment). The annual report proposes a presentation of the sector and of the determining factors of its activity, an analysis of the activity evolution (trends, indicators like turnover, electric power consumption and production, prices and regulated tariffs, power imports and exports), a presentation of financial performance of electricity producers, a description of the sector economic structure (evolution of the economic tissue, analysis of structural characteristics), and a presentation of actors and of the competitive landscape (ranking and positioning of electric power providers and producers, market shares, identity sheets of the main actors, highlights, and ranking of the main companies in terms of turnover and of financial performance)

  2. The Determinant Factors Of Sectoral Stock Return In Bullish And Bearish Condition At Indonesian Capital Market

    Directory of Open Access Journals (Sweden)

    Defrizal

    2015-07-01

    Full Text Available Abstract this study aims to explain determinant factors of sectoral stock return in bullish and bearish condition at Indonesian capital market. This study used a multi-factor asset pricing model with sectoral stock return as the dependent variable and stock market return interest rates and exchange rate as independent variables. The Identification of stock market condition by using a Markov Switching Models which are also used as the basis for segmenting the data into bullish and bearish conditions. Estimates of the model used the robust least square method. This study used data from Indonesian Stock Exchange to the observation period from January 1996 to December 2013. The results of this study were 1 simultaneously stock market return interest rates and exchange rate affected the sectoral stock return in bullish and bearish condition. 2 Partially the stock market return positively effect and is as a main factor in determining the sectoral stock return in all industries in either bullish condition or bearish condition while the effect of the interest rates and exchange rate do not consistently affect the sectoral stock return in different industries and market conditions.

  3. Dilemmas and challenges: Development of new private sector in tranisitonal economies: Example Republic of Serbia

    OpenAIRE

    Anđelić, Goran

    2012-01-01

    One of the main questions in modern market ambient is development of new private sector in transitional economies. Private sector represents initial starter for development of every economy in one hand, and in other hand with its development are created real conditions for significant increase in economy of the whole region. Subject of this paper is analyzing conditions and opportunities of market ambient in transitional economies with special focus on Republic of Serbia, through focus of rec...

  4. Is There Any Sectoral Cointegration in Indonesia Equity Market?

    Directory of Open Access Journals (Sweden)

    Aileen Clarissa Surya

    2018-03-01

    Full Text Available This research analyzes short and medium-run cointegration relationship among 9 sectoral indices in Indonesia equity market (JCI, using 2012-2016 weekly closing prices as the data. Researchers analyzed the relationship among these sectors using Johansen-Julius Cointegration Test and predict the causal relationship using Engle-Granger Causality and model the causalities using Vector Error Correction Model. Researchers findings based on the empirical results of Johansen cointegration tests are there is no cointegration in the short-run as the sector indices performance are caused by unique moving factors that affect all sectors differently. However, there is a medium run relationship among the sectors as they are moved by macroeconomic and political conditions towards the same direction. Other two methods, Engle-Granger and VECM, are also supporting the results from Johansen cointegration tests. The findings from this research can be useful as an insight for investors and fund managers in minimizing portfolio risk by using sectoral diversification, which based on the research can only be applied in the short run period.

  5. Energetic transition in the electric sector: Brazilian case

    International Nuclear Information System (INIS)

    Jannuzzi, Gilberto de Martino

    1999-01-01

    The Brazilian electric sector is essentially based on a source of renewable energy -hydroelectricity, and the national economy has increased its dependence of the electricity. The use of the electricity for unit of GDP increased in continuous form from 1970 and the country has serious difficulties in the financing of the expansion of the electric production. Energetic politics, in what concerns to the sustainable development in the Brazilian case, should direct its efforts toward a bigger investment in efficiency and energy conservation. a bigger use of supply options that they are renewable and decentralized will depend on high degree of the regulation of the electric sector during the privatization. The transition stage of the Brazilian electric sector will imply more efforts toward a handling based on the demand and a bigger efficiency

  6. Network formation in a multi-asset artificial stock market

    Science.gov (United States)

    Wu, Songtao; He, Jianmin; Li, Shouwei; Wang, Chao

    2018-04-01

    A multi-asset artificial stock market is developed. In the market, stocks are assigned to a number of sectors and traded by heterogeneous investors. The mechanism of continuous double auction is employed to clear order book and form daily closed prices. Simulation results of prices at the sector level show an intra-sector similarity and inter-sector distinctiveness, and returns of individual stocks have stylized facts that are ubiquitous in the real-world stock market. We find that the market risk factor has critical impact on both network topology transition and connection formation, and that sector risk factors account for the formation of intra-sector links and sector-based local interaction. In addition, the number of community in threshold-based networks is correlated negatively and positively with the value of correlation coefficients and the ratio of intra-sector links, which are respectively determined by intensity of sector risk factors and the number of sectors.

  7. Bonneville Power Administration`s Commercial Sector Conservation Market.

    Energy Technology Data Exchange (ETDEWEB)

    Gordan, Frederick M. [Pacific Energy Associates, Inc. (United States)

    1992-11-10

    Bonneville has, as part of its resource plan, accepted targets for commercial conservation which are quite ambitious. To meet these targets, Bonneville will need to acquire as much cost-effective conservation as possible over the next twelve years. With this in mind, this document explores the relative importance of different commercial market segments and the types of assistance each market needs to install as many cost-effective conservation measures in as many buildings as possible. This document reviews Bonneville`s marketing environment and position, and suggests goals for commercial sector conservation marketing at Bonneville. Then it presents a broad market segmentation and series of additional demographic analyses. These analyses assess what groups of consumers Bonneville must reach to achieve most of the commercial conservation potential and what is needed to reach them. A final section reviews the success of Bonneville programs at reaching various markets. The market segmentation identifies different types of consumers and opportunities which would require distinct program approaches. Four large market segments are identified that have distinct program needs. Then four ``building life-cycle events`` are identified which provide important conservation opportunities and also require distinct program services. This creates a matrix of 16 cells which delineate distinct needs for program marketing. Each of the four key market segments manages at least 20% of the Region`s commercial floorspace.

  8. INTERNAL MARKETING IN PUBLIC SERVICE SECTOR AND ITS EFFECT ON JOB SATISFACTION

    OpenAIRE

    DÜLGEROĞLU, İsmail; TAŞKIN, Çağatan

    2015-01-01

    Internal marketing can be interpreted to applicate marketing practices to the organization’s employees. Internal marketing is very important and related to almost any organization. Satisfying employees result in motivation so that the service quality of service provider is going to be higher and service output is going to be increased. The aim of this paper is to analyze internal marketing in public service sector in Bursa and to propose internal marketing strategies for managers based on ...

  9. Trade Openness, Market Competition, and Inflation: Some Sectoral Evidence from OECD Countries

    OpenAIRE

    Mahir Binici; Yin-Wong Cheung; Kon S. Lai

    2011-01-01

    This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account for productivity effects, and their results may overstate the role of market competition. This study shows that inflation decreases with greater market competitiveness even after controlling for produ...

  10. Energy transition in transport sector from energy substitution perspective

    Science.gov (United States)

    Sun, Wangmin; Yang, Xiaoguang; Han, Song; Sun, Xiaoyang

    2017-10-01

    Power and heating generation sector and transport sector contribute a highest GHG emissions and even air pollutions. This paper seeks to investigate life cycle costs and emissions in both the power sector and transport sector, and evaluate the cost-emission efficient (costs for one unit GHG emissions) of the substitution between new energy vehicles and conventional gasoline based vehicles under two electricity mix scenarios. In power sector, wind power and PV power will be cost comparative in 2030 forecasted with learning curve method. With high subsidies, new energy cars could be comparative now, but it still has high costs to lower GHG emissions. When the government subsidy policy is reversible, the emission reduction cost for new energy vehicle consumer will be 900/ton. According to the sensitive analysis, the paper suggests that the government implement policies that allocate the cost to the whole life cycle of energy production and consumption related to transport sector energy transition and policies that are in favor of new energy vehicle consumers but not the new energy car producers.

  11. Holographic entanglement entropy in superconductor phase transition with dark matter sector

    Directory of Open Access Journals (Sweden)

    Yan Peng

    2015-11-01

    Full Text Available In this paper, we investigate the holographic phase transition with dark matter sector in the AdS black hole background away from the probe limit. We discuss the properties of phases mostly from the holographic topological entanglement entropy of the system. We find the entanglement entropy is a good probe to the critical temperature and the order of the phase transition in the general model. The behaviors of entanglement entropy at large strip size suggest that the area law still holds when including dark matter sector. We also conclude that the holographic topological entanglement entropy is useful in detecting the stability of the phase transitions. Furthermore, we derive the complete diagram of the effects of coupled parameters on the critical temperature through the entanglement entropy and analytical methods.

  12. Developing power markets - Development of market place for meeting the demand - Case India, in transition from regulated to competitive structure

    Energy Technology Data Exchange (ETDEWEB)

    Kumar, Pranay; Sarkar, Prabhajit Kumar

    2010-09-15

    Power Market players of developing countries with supply deficit are exposed to a unique combination of price risk and quantity risk which is not the case with developed nations that have taken path of liberalization to open up their power markets. India has one of the largest generation capacities in the world, yet till recently the Indian Power sector was highly regulated. However, the last decade has witnessed many initiatives so as to make the sector market oriented. This paper provides opportunity for developing countries to learn from Indian experience of introducing competition in the power sector.

  13. The impacts of market liberalization on innovation processes in the electricity sector

    International Nuclear Information System (INIS)

    Markard, J.; Truffer, B.; Imboden, D.M.

    2004-01-01

    Market liberalization has triggered fundamental changes in the electricity sector with far-reaching economic, technical, organizational and ecological consequences. The paper examines how electricity market liberalization has influenced innovation processes at the level of electric utilities and in the electricity sector as a whole. The results are based on an empirical survey including two case studies, green power and fuel cells, in which utility innovation strategies were analysed. From the similarities in both cases and the aggregated effects of innovation strategies, we identify several indications for a general change of innovation processes in the sector: the innovation activity has increased, there is a greater variety of innovation projects, product innovations and organizational innovations have gained importance, innovation networks have become smaller and more specific, and the professionalism of innovation management is improving. (author)

  14. Traders' behavioral coupling and market phase transition

    Science.gov (United States)

    Ma, Rong; Zhang, Yin; Li, Honggang

    2017-11-01

    Traditional economic theory is based on the assumption that traders are completely independent and rational; however, trading behavior in the real market is often coupled by various factors. This paper discusses behavioral coupling based on the stock index in the stock market, focusing on the convergence of traders' behavior, its effect on the correlation of stock returns and market volatility. We find that the behavioral consensus in the stock market, the correlation degree of stock returns, and the market volatility all exhibit significant phase transitions with stronger coupling.

  15. Engineering in the energy sector. The single market and the engineering sector

    International Nuclear Information System (INIS)

    Garcia Rodrigues, A.

    1993-01-01

    Projects with large infrastructures, particularly those in the field of energy, provide a strong boost to certain industrial sectors in the country. In the case of Spain, the policy of direct management 'by components' of these projects - hydroelectric power plants, petrochemical plants, thermoelectric plants and nuclear power plants - adopted by the electric utility owners has furthered not only the local equipment manufacturing industry but also the engineering sector. At present, with full implementation of the Single Market in sight, it is particularly interesting for Spain to continue building up a powerful engineering sector, increasing its size and usefulness, and extending its traditional areas of action to other technologies, more on the lines of engineering and consulting firms in the USA than in the rest of Europe. The intention is to endow our equipment and construction companies with the skills necessary to enable them to compete with large European conglomerates in their respective sectors. The structure of these conglomerates usually contains engineering capabilities which are not habitual in our industry. Examples are given, showing how this model has been used to compete and win awards for important international projects. A specific analysis has been made of the position of Spanish engineering and industry in nuclear power generation projects in the former Soviet Union and East European countries, in which large investments are expected to be made. (author)

  16. Switzerland; Financial Sector Assessment Program: Factual Update: Insurance Sector Market and Regulatory Developments

    OpenAIRE

    International Monetary Fund

    2007-01-01

    This paper presents a factual update of the Insurance Core Principles including insurance sector market and regulatory developments for Switzerland. Regulatory reforms since 2003 have updated Switzerland’s regulatory and supervisory regime for the insurance industry to bring it in line with international best practices. The Insurance Supervision Law (ISL) has reoriented the regulatory focus and expanded the regulatory scope to include group/conglomerate supervision, corporate governance, risk...

  17. Value of flexible consumption in the electricity markets

    DEFF Research Database (Denmark)

    Biegel, Benjamin; Hansen, Lars Henrik; Stoustrup, Jakob

    2014-01-01

    A transition from an oil and coal based energy system to a systems based on renewable and sustainable energy sources has begun in many countries throughout the developed world. As a pioneer, Denmark currently has a wind energy penetration of 30% in the electricity sector and an end goal of 100......% renewables in all energy sectors by 2050. The main elements in this transition are an increase in the wind energy production and electrification of main energy sectors such as transport and heating. Activation of flexible consumption in the electricity markets is believed to be one of the means to compensate...... for the growth of fluctuating renewables and the decrease of conventional power plants providing system-stabilizing services. In this work, we examine the requirements for flexible consumption to be active in the spot market and the regulating power market in the Nordic system and estimate the costs of entering...

  18. Current marketing practices in the nursing home sector.

    Science.gov (United States)

    Calhoun, Judith G; Banaszak-Holl, Jane; Hearld, Larry R

    2006-01-01

    Marketing is widely recognized as an essential business function across all industries, including healthcare. While many long-term care facilities adopted basic healthcare marketing practices and hired marketing staff by the early 1990s, a paucity of research on nursing home marketing exists in the literature. This study examines the extent to which nursing homes have developed more formulated marketing and related communication and promotional strategies as market competition has increased in this sector during the past two decades. In addition, we explored managers' perceptions of their control over marketing decision making, the impact of competition on the use of marketing practices, and areas for enhanced competitive positioning. Administrators from 230 nursing homes in 18 Southeastern Michigan counties were surveyed regarding (1) the adoption level of approximately 40 literature-based, best-practice marketing strategies; (2) the types of staff involved with the marketing function; and (3) their perception of their level of control over marketing functions and of local competition. Results from 101 (44 percent) survey participants revealed that although respondents viewed their markets as highly competitive, their marketing practices remained focused on traditional and relatively constrained practices. In relation to the importance of customer relationship management, the majority of the administrators reported intensive efforts being focused on residents and their families, referrers, and staff, with minimal efforts being extended to insurers and other types of payers. A significant positive relation was found between the intensity of marketing initiatives and the size of the facility (number of beds), whereas significant negative correlations were revealed in relation to occupancy and the perceived level of control over the function.

  19. Supporting analysis and assessments quality metrics: Utility market sector

    Energy Technology Data Exchange (ETDEWEB)

    Ohi, J. [National Renewable Energy Lab., Golden, CO (United States)

    1996-10-01

    In FY96, NREL was asked to coordinate all analysis tasks so that in FY97 these tasks will be part of an integrated analysis agenda that will begin to define a 5-15 year R&D roadmap and portfolio for the DOE Hydrogen Program. The purpose of the Supporting Analysis and Assessments task at NREL is to provide this coordination and conduct specific analysis tasks. One of these tasks is to prepare the Quality Metrics (QM) for the Program as part of the overall QM effort at DOE/EERE. The Hydrogen Program one of 39 program planning units conducting QM, a process begun in FY94 to assess benefits/costs of DOE/EERE programs. The purpose of QM is to inform decisionmaking during budget formulation process by describing the expected outcomes of programs during the budget request process. QM is expected to establish first step toward merit-based budget formulation and allow DOE/EERE to get {open_quotes}most bang for its (R&D) buck.{close_quotes} In FY96. NREL coordinated a QM team that prepared a preliminary QM for the utility market sector. In the electricity supply sector, the QM analysis shows hydrogen fuel cells capturing 5% (or 22 GW) of the total market of 390 GW of new capacity additions through 2020. Hydrogen consumption in the utility sector increases from 0.009 Quads in 2005 to 0.4 Quads in 2020. Hydrogen fuel cells are projected to displace over 0.6 Quads of primary energy in 2020. In future work, NREL will assess the market for decentralized, on-site generation, develop cost credits for distributed generation benefits (such as deferral of transmission and distribution investments, uninterruptible power service), cost credits for by-products such as heat and potable water, cost credits for environmental benefits (reduction of criteria air pollutants and greenhouse gas emissions), compete different fuel cell technologies against each other for market share, and begin to address economic benefits, especially employment.

  20. Energy Efficiency Sector in Russia. Market Survey of Equipment and Services

    International Nuclear Information System (INIS)

    2006-02-01

    The aim of the present Survey is to give an insight of energy efficiency (EE) in Russia and to assess the demand for EE equipment and services in the energy sector. In the Survey the term 'Energy Efficiency' means the efficient generation, distribution and consumption of heat and power. The main EE measures are classified as recovery of sources of energy, measuring and controlling systems, optimal use of the equipment, modernisation, in-house energy generation and renewable energy sources. Chapter 3 gives an overview of the current situation of the Russian energy sector. The term 'energy sector' is used in the context of generation, distribution and consumption of heat and power. The infrastructure and the ownership of the energy sector are examined. In this chapter special attention is paid to the Power Sector Reform and how the Reform affects the development of EE in the Russian energy sector. Chapter 4 describes the current situation in EE, giving the reasons of inefficiency in energy use and possible solutions for improving. Chapter 5 presents a market research of equipment that could make a great input into EE development. The research has shown that the most promising opportunities for suppliers of EE equipment lie in the heat sector (generation, distribution, consumption). This chapter also describes the development of ESCOs (Energy Service Companies) in Russia. Chapter 6 gives an overview of domestic and foreign capital available to finance EE development. According to conventional market based incentives, end users invest into increasing their profits more intensively than into projects aiming at energy saving. That is mostly because energy is relatively cheap in Russia and the federal governmental policy does not stimulate EE development either. Chapter 7 on the market approach advises on steps that have to be taken and risks that need to be avoided in order to enter the Russian market successfully. It warns of the possible pitfalls on this way. Chapter 8

  1. Determinant Factors of Green Marketing Adoption in the Hospitality Sector

    Directory of Open Access Journals (Sweden)

    Liviu B. Vlad

    2016-11-01

    Full Text Available Green marketing is falling into the category of answers provided by the business world to the requirement to combine the economic development with the preservation of natural resources which represents a pressing concern of the modern times. In this context, the hospitality sector is facing as well an increasing pressure to pay attention to environmental issues, hotel organizations are increasingly tending to use environmentally friendly products and services, and to implement programs to manage energy and water consumption and waste. The adoption of green marketing in hospitality industry is significantly facilitated by internal and external factors. The paper focuses on the analysis of determinant internal factors: first and foremost on the pro-environmental behavior of the hotel managers and employees, and also on the already implemented green practices in the daily hotel activity. The implementation of green marketing strategies further examined being taken into account the organizational change theory, discloses a third determinant factor, namely, to what extent the process of changing is prepared. This paper is advancing an integrated model of determinant internal factors of green marketing implementation in the hospitality sector. The proposed research model has been tested and validated after analyzing the data collected in a quantitative research conducted on 330 managers and employees from the hospitality industry in Romania. The results show that the three predictors - pro-environmental behavior, current green practices and the change readiness - are having a significant influence on the implementation of green marketing.

  2. The French wind energy market by 2020. Market evolution and competition context within the sector. Analysis of business model and of financial performance of fleet operators

    International Nuclear Information System (INIS)

    2016-01-01

    As the French wind energy sector has been recovering a good dynamics since 2014, notably for onshore production whereas some uncertainties remain present for offshore production, this report aims at assessing market perspectives by 2020, and at identifying business opportunities for the different involved actors. The first part identifies some determining factors for the sector activity, proposes an analysis of the activity for the 2002-2015 period (installed power, electricity production, turnover, equipment manufacturers, operators) and its perspectives by 2020 (evolution of determining factors, installed power, market share evolution for manufacturers, opportunities and threats on the medium term). The second part discusses the main elements of the operators' business models, and analyses fleet managers' financial data. Structural drivers and brakes are then discussed, as well as the French, European and World context (installed power, installed offshore power, electricity production, energy policy, law for energy transition, commitment of public authorities in favour of wind energy, competitiveness of wind energy). Some highlights and aspects of offer evolution are outlined: development of offshore wind energy, diversification of operators, international development, takeovers and capital increase, new financing modes. The last parts propose an analysis of the economic structure of the sector in France (types of interveners, staff, location, machine power evolution) and an overview of the main actors. Identity sheets of the main operators and equipment manufacturers are provided, as well as economic and financial data of 200 operators which can be compared through 5 key indicators

  3. European wood pellet market integration - A study of the residential sector

    International Nuclear Information System (INIS)

    Olsson, Olle; Hillring, Bengt; Vinterbaeck, Johan

    2011-01-01

    The integration of European energy markets is a key goal of EU energy policy, and has also been the focal point of many scientific studies in recent years. International markets for coal, oil, natural gas and electricity have previously been investigated in order to determine the extent of the respective markets. This study enhances this field of research to bioenergy markets. Price series data and time series econometrics are used to determine whether residential sector wood pellet markets of Austria, Germany and Sweden are integrated. The results of the econometric tests show that the German and Austrian markets can be considered to be integrated, whereas the Swedish market is separate from the other two countries. Although increased internationalization of wood pellet markets is likely to contribute to European price convergence and market integration, this process is far from completed. (author)

  4. Rural Non-Farm Sector and Labor Market in Rural Vietnam: Trends and Determinants

    OpenAIRE

    Nguyen , Trung Hung

    2016-01-01

    This dissertation aims to investigate the Trends and Determinants of the Rural Non-Farm Sector and Labor Market in Rural Vietnam since the global economic crisis occurred in 2007 with the focus on the household's diversification; the involvement of rural individuals in Rural Non-Farm Employment; Rural Labor Market development; and assessment of a specific labor market policy.

  5. Energy transition of a sector in the Netherlands

    Energy Technology Data Exchange (ETDEWEB)

    Opstelten, I.J. [Energy research Centre of the Netherlands ECN, Petten (Netherlands); Weterings, R. [TNO, Delft (Netherlands); Versteeg, F.A. [FORGOOD, Amsterdam (Netherlands)

    2010-09-15

    To realize the energy transition in the building sector, three types of obstacles have to be overcome: technology-related, process-related and integration of technology and process. To this end an innovation / implementation program has been set up. The intrinsic driver of the program is the realization of increasingly more ambitious energy concepts in three successive waves, allowing for the different actors to learn from the previous wave, to prepare for the next wave and to scale up these type of projects both in terms of quantity and quality. The establishment process of the program identified a key success factor for the transition process itself: the role of the individual.

  6. Energy Transition of a Sector in The Netherlands

    Energy Technology Data Exchange (ETDEWEB)

    Opstelten, I.J. [Energy in the Built Environment, Energy research Centre of the Netherlands ECN, Petten (Netherlands); Weterings, R. [TNO Innovation and Environment, Delft (Netherlands); Versteeg, F.A. [FORGOOD, Hilversum (Netherlands)

    2010-09-15

    To realize the energy transition in the building sector, three types of obstacles have to be overcome: technology-related, process-related and integration of technology and process. To this end an innovation-implementation program has been constructed. The intrinsic driver of the program is the realization of increasingly more ambitious energy concepts in three successive waves, allowing for the different actors to learn from the previous wave, to prepare for the next wave and to scale up these type of projects both in terms of quantity and quality. The establishment process of the program identified a key success factor for the transition process itself: the role of the individual.

  7. The development of market power in the Spanish power generation sector: Perspectives after market liberalization

    International Nuclear Information System (INIS)

    Ciarreta, Aitor; Nasirov, Shahriyar; Silva, Carlos

    2016-01-01

    This paper provides a comprehensive analysis of the market power problem in the Spanish power generation sector and examines how and to which extent the market has developed in terms of market power concerns after the market liberalization reforms. The methodology applied in this study includes typical ex-post structural and behavioral measures employed to estimate potential for market power, namely: concentration ratios (CR) (for the largest and the three largest suppliers), the Herfindahl–Hirschman Index (HHI), Entropy, Pivotal Supply Index, the Residual Supply Index and Residual Demand Elasticity (RDE). The results are presented for the two largest Spanish generating companies (Endesa and Iberdrola) acting in the Iberian Electricity Market (MIBEL), and in the Spanish Day-ahead electricity market. The results show evidence that these companies have behaved much more competitively in recent periods than in the beginning of the market liberalization. In addition, the paper discusses important structural and regulatory changes through market liberalization processes in the Spanish Day-ahead electricity market. - Highlights: •Competition and regulation in the Spanish electricity market. •The methodology applied in this study: ex-post structural and behavioral measures. •Key dominant companies behaved more competitively in recent periods. •Important structural and regulatory changes in the Spanish electricity market.

  8. Preparing for a new market reality

    DEFF Research Database (Denmark)

    Lindgren, Peter; Clemmensen, Suberia

    .  The research and literature in the area of business models is a relatively young phenomenon (Osterwalder, Pigneur & Tucci, 2005; Hamel and Prahalad, 1990; Hamel, 2006), whilst the research on green business models appears scarce.  Therefore, this paper will use as a basis, our idea of what is meant by Green......Enterprises in the Danish household sector stand at the forefront of a new market reality.  New product systems, new regulations and new partner relationships point to a transition towards innovating for a business model -  a business model that is green.  In this transition, a great deal...... of innovation opportunities lie open for those enterprises ready to fill identified gaps through developing their own green business models within the new market reality of low-carbon.  In 2006, the household sector was the second largest consumer of final energy consumption after the transportation sector...

  9. Impact Of The Ban On Uncovered SCDS Trade On the Interdependencies Between The CDS Market And Other Sectors Of Financial Markets. The Case Of Safe And Developed Versus Risky And Developing European Markets

    Directory of Open Access Journals (Sweden)

    Kliber Agata

    2016-03-01

    Full Text Available The aim of the article is to verify the impact of the ban on uncovered sCDS trade in Europe on the interdependencies between the sCDS market and other sectors of financial markets. We analyse two European markets: the safe and developed Swedish market, and the risky and developing Hungarian one. The study covers the period from October 2008 to October 2013. We analyse changes in the interdependencies between the sCDS market and the bond market, as well as between the sCDS market and the stock exchange. We found out that in the case of the safe Swedish market, the strength of relationships of each sector of financial markets with the sCDS one was much weaker than in the case of Hungary, which may suggest that the Swedish market is less prone to crisis transmission arising from herd behaviour or speculative attacks. In the end we show that in the two economies, the influence of the sCDS market on the other sectors of financial market indeed diminished following introduction of the ban on uncovered sCDS trade.

  10. Canonical Sectors and Evolution of Firms in the US Stock Markets

    Science.gov (United States)

    Hayden, Lorien; Chachra, Ricky; Alemi, Alexander; Ginsparg, Paul; Sethna, James

    2015-03-01

    In this work, we show how unsupervised machine learning can provide a more objective and comprehensive broad-level sector decomposition of stocks. Classification of companies into sectors of the economy is important for macroeconomic analysis, and for investments into the sector-specific financial indices and exchange traded funds (ETFs). Historically, these major industrial classification systems and financial indices have been based on expert opinion and developed manually. Our method, in contrast, produces an emergent low-dimensional structure in the space of historical stock price returns. This emergent structure automatically identifies ``canonical sectors'' in the market, and assigns every stock a participation weight into these sectors. Furthermore, by analyzing data from different periods, we show how these weights for listed firms have evolved over time. This work was partially supported by NSF Grants DMR 1312160, OCI 0926550 and DGE-1144153 (LXH).

  11. TRANSITION OF YOUTH WITH DISABILITIES FROM EDUCATION TO LABOUR MARKET IN SLOVENIA

    Directory of Open Access Journals (Sweden)

    Aleksandra Tabaj

    2014-09-01

    Full Text Available The purpose of the article is to present the transition of youth with disabilities from education to labour market in Slovenia. The article introduces the European Social Fund project “Transition”, provided by the partnership of Racio, University Rehabilitation Institute and Auris, operated from 2010 to 2013. The Transition project was intended for two target groups: youth with disabilities in the education process, with the aim to achieve their integration from education to the labour market, and for professionals who provide the transition. Young people in Europe have been facing increasing uncertainty in the labour market. The labour market transition for youth, and especially for youth with disabilities, is a very demanding question. Policymakers and experts in the European Union have therefore developed programs for social inclusion, improved access, achievement and integration of young people with disabilities into the labour market. Youth unemployment during economic crises has increased in all parts of the world, with the impact of prolonging the duration of unemployment. The transition of young people with disabilities from school to the labour market in Slovenia is not integrally and adequately organised. A support system should be introduced to monitor young people with disabilities while they are still at school and prepare them for entering the labour market. After finishing school, a model of transition from school to work is proposed to prevent unemployment.

  12. Impact of the liberalization of the electricity market on the waste processing sector in the Netherlands

    International Nuclear Information System (INIS)

    Lomme, S.; Buist, G.

    2001-01-01

    The consequences of the deregulation of the electricity sector for the waste incinerating market in the Netherlands are discussed. Attention is paid to technical and organizational characteristics of the market for electricity, the mechanism that determines the hierarchy of power plants in the total electric power production sector, the dilemma of flexibility versus throughput, and the importance of sustainable and green electricity. The appendix holds a scheme for the sale of energy in a free market and a list of contract variables [nl

  13. Innovation in the European energy sector and regulatory responses to it : Guest editorial note

    NARCIS (Netherlands)

    Hoppe, Thomas; Butenko, Anna; Heldeweg, Michiel

    2018-01-01

    The European energy sector is an important economic sector that is also traditionally highly regulated. With the increasing tempo in which innovations in technology and markets occur, catalysed inter alia by the energy transition and accompanied by new formats of innovation (disruptive and

  14. Foreign direct investment in the financial sector of emerging market economies

    OpenAIRE

    Bank for International Settlements

    2004-01-01

    Executive summary Foreign participation in the financial sectors of emerging market economies (EMEs) increased rapidly during the 1990s. It has continued to expand so far in this decade, on balance – although its pace fell somewhat following problems in Argentina in 2002 and the global slowdown in mergers and acquisitions. While banks accounted for the majority of financial sector foreign direct investment (FSFDI), they were joined during this period by securities and investment firms. In a n...

  15. Labour Market Trends in Transition Economies with Emphasis on Gender Inequalities

    Directory of Open Access Journals (Sweden)

    Theranda Beqiri

    2016-08-01

    Full Text Available Main purpose of this research paper is to show the recent trends of labour market issues regarding gender inequality in the countries that are still in the transition to the market oriented economy. Transition to competition has effected in increasing the level of unemployment to economically active population, with the higher consequence for females than for males, from which some females have left labour market and they became inactive in job searching. In this paper we analyze and compare gender gaps through the main components of labour market trends as level of education, active participation in labour market, occupational segregation, employment and unemployment for both genders of the countries that are still in transition like Albania, FYR of Macedonia and Kosovo in comparison with EU countries. Given that closer are these countries in joining the EU; higher are the requirements for increasing the level of employment targets and in approving and implementing social policies on gender equality in labour market according to the EU legislations. Methodology used in this paper is through case studies by using secondary data from the most recent labour force surveys (LFS of transition countries in South East Europe and comparing them with the EU targets. Also regarding occupational segregation by gender the Duncan & Duncan Index is calculated. The study shows that depending on the stages that countries are in transition earlier or latter, the labour market components regarding gender are more comparable and closer with the targets of the EU countries, and that occupational segregation is higher in the transition countries where the unemployment level of females is in the higher range.

  16. Poland - Electricity and gas market development study and practical guidelines for using EU funds. Electricity sector analyses

    International Nuclear Information System (INIS)

    2004-12-01

    The present report is the final electricity sector analysis report in the project 'Poland - Electricity and gas market development study and practical guidelines for using EU funds'. As part of the project a number of quantitative analyses have been carried out for the electricity sector. The report presents the results of those electricity sector analyses. The present project aims at: 1. Identifying major issues relating to the restructuring and liberalization process in the Polish electricity and the gas sector, 2. Setting up an overview of the Polish electricity and natural gas sector, 3. Setting up scenarios for development of electricity and gas markets in the period to 2020, 4. Updating the Balmorel model with recent data for the Polish electricity system, 5. Analyzing future consequences of liberalization of energy markets for the producers, consumers and the Polish economy and society as a whole, 6. Presenting the possibilities and preparing a practical guide for using EU funds and community programmes for large infrastructure projects in the energy sector. (BA)

  17. The failure of introducing market institution in a rent sector into an economy in transition

    International Nuclear Information System (INIS)

    Locatelli, C.; Finon, D.

    2003-07-01

    Privatisation is at the heart of the structural reforms for economies in transition. In theory, the main aim of privatisation is to change the structures of corporate governance in order to improve the efficiency of the enterprises and to assure their long-term future in a competitive environment. The adoption of formal market institutions would be sufficient to secure the new property rights, in particular because the new holders of the rights to control assets would have a great incentive to encourage the definition of new judicial rules that would guarantee their rights of ownership. In Russia that did not happen. The paper discusses the narrowed vision of institutional change, without consideration of the previous environment of formal and informal institutions, and the need to put together the institutional infrastructure that is needed for the market institutions to function. It offers explanations of the 'unexpected' results of the reforms in a capital-intensive natural resource industry, namely the hydrocarbons industry characterized by the opportunity of rent extraction by the exportation. It demonstrates right holders' interest for the weakness of the 'rule of law'. It demonstrates that the incompatibility of these institutions with the initial informal and formal institutions has led to adaptations that are strongly path-dependent, under the need to preserve a minimum of inter-industrial coherence. (authors)

  18. The failure of introducing market institution in a rent sector into an economy in transition

    Energy Technology Data Exchange (ETDEWEB)

    Locatelli, C.; Finon, D

    2003-07-01

    Privatisation is at the heart of the structural reforms for economies in transition. In theory, the main aim of privatisation is to change the structures of corporate governance in order to improve the efficiency of the enterprises and to assure their long-term future in a competitive environment. The adoption of formal market institutions would be sufficient to secure the new property rights, in particular because the new holders of the rights to control assets would have a great incentive to encourage the definition of new judicial rules that would guarantee their rights of ownership. In Russia that did not happen. The paper discusses the narrowed vision of institutional change, without consideration of the previous environment of formal and informal institutions, and the need to put together the institutional infrastructure that is needed for the market institutions to function. It offers explanations of the 'unexpected' results of the reforms in a capital-intensive natural resource industry, namely the hydrocarbons industry characterized by the opportunity of rent extraction by the exportation. It demonstrates right holders' interest for the weakness of the 'rule of law'. It demonstrates that the incompatibility of these institutions with the initial informal and formal institutions has led to adaptations that are strongly path-dependent, under the need to preserve a minimum of inter-industrial coherence. (authors)

  19. Innovation in the European energy sector and regulatory responses to it : Guest editorial note

    NARCIS (Netherlands)

    Hoppe, T.; Butenko, Anna; Heldeweg, Michiel

    2018-01-01

    The European energy sector is an important economic sector that is also traditionally highly regulated. With the increasing tempo in which innovations in technology and markets occur, catalysed inter alia by the energy transition and accompanied by new formats of innovation (disruptive and

  20. Global financial crisis and weak-form efficiency of Islamic sectoral stock markets: An MF-DFA analysis

    Science.gov (United States)

    Mensi, Walid; Tiwari, Aviral Kumar; Yoon, Seong-Min

    2017-04-01

    This paper estimates the weak-form efficiency of Islamic stock markets using 10 sectoral stock indices (basic materials, consumer services, consumer goods, energy, financials, health care, industrials, technology, telecommunication, and utilities). The results based on the multifractal detrended fluctuation analysis (MF-DFA) approach show time-varying efficiency for the sectoral stock markets. Moreover, we find that they tend to show high efficiency in the long term but moderate efficiency in the short term, and that these markets become less efficient after the onset of the global financial crisis. These results have several significant implications in terms of asset allocation for investors dealing with Islamic markets.

  1. Market value stimulates CO2 reduction in non-industrial sectors

    International Nuclear Information System (INIS)

    Blacquiere, D.

    2008-01-01

    The emission of greenhouse gases by non-industrial sectors barely leads to additional costs. As a result there is no incentive to curb their emissions. In order to implement effective policy such an incentive is required though. Attaching a market value to the emission will provide such an incentive. [mk] [nl

  2. Marketing social corporativo en el sector hostelero: una revisión sistemática

    Directory of Open Access Journals (Sweden)

    Gerard Costa Guix

    2013-12-01

    Full Text Available Objetivos: Determinar la incidencia de las diferentes vertientes del marketing social corporativo en el sector hostelero. Métodos: Investigación realizada con una metodología cualitativa de revisión sistemática de las investigaciones previas. Resultados: Las peculiaridades del sector hostelero han sido ampliamente investigadas en términos de responsabilidad social empresarial; pero su potencial utilización como ventaja competitiva y las tipologías posibles de actuación estructuradas por varios autores en forma de marketing social corporativo son más recientes y desarrolladas en menor grado. Los principales resultados muestran que las actividades se centran en gran parte en el área de las prácticas empresariales socialmente responsables y en aquellas vinculadas a aspectos medioambientales, con un amplio espectro de actividades adicionales a realizar. Conclusiones: Las empresas del sector hostelero tienen la oportunidad y el desafío de utilizar sus actividades de responsabilidad social empresarial como una ventaja competitiva. Por esta razón, sin duda será necesario profundizar mediante investigaciones empíricas en el uso y los resultados de las políticas de marketing social corporativo en el sector hostelero en el futuro.

  3. The challenges of energy markets in transition

    International Nuclear Information System (INIS)

    Dumas, D.

    1999-01-01

    The transition period includes the processes as follows: liberalization, deregulation, privatization and restructuring. Liberalization consists of multiple changes: 1. Ownership - from public to private; 2. Industry structure - from vertically integrated to unbundled; 3. Market competition - from monopoly to competitive; 4. Product-mix - from single to multi-products; 5. Market approach - from service to product (wholesale); 6. System management - from self-managed to decentralized; 7. Planning horizon - from long to short term and 8. Participants - from national to trans-national. The energy sector is to ensure a reliable, long-term supply of energy in sufficient quantities at affordable prices from processes that are compatible with prudent environmental standards. The evolutionary model of an energy utility foresees a transition from traditional utility (integrated monopoly utility) through local wholesale trading and partial competition (competition for large customers) to competition for all customers and to redefined utilities (bundling multi-product services). Substantial liberalization of electricity have taken place as follows: in 6 countries in Western Europe and 12 plan to do it; in 4 countries in Eastern Europe and 8 - plan to do it; in 2 countries in Asia and Australasia and 12 plan to do it; in 4 countries in South America and 3 plan to do it. There is no liberalization of electricity in Central and North America till now but 6 in Central and 3 in North America plan to do it in future. Substantial liberalization of downstream gas have taken place: only in one country in Western Europe but 6 plan to do it in future; also in one country in Asia and Australasia and 3 plan to do it; in one country in South America and 2 plan to do it and in two countries in North America and only one plan to do it in future. The goals of liberalization include: reducing the cost of energy; improving economic efficiency; attracting capitals and paying off government debt

  4. Smart market. From smart grid to the intelligent energy market

    International Nuclear Information System (INIS)

    Aichele, Christian; Doleski, Oliver D.

    2014-01-01

    Dare more market. - The design of this postulate provides an important contribution to the success of the German energy transition. The Bundesnetzagentur has shown with its highly regarded benchmark paper on smart grids and markets leads the way towards more market in the energy sector. The therein required differentiation in a network and market sphere contributes to greater transparency on the consumer side and enables a gid releaving shift in energy consumption. The book focuses on actors and roles in the modified market circumstances as well as components and products of a future Smart Markets. Finally, to the reader concrete business models are offered. Authors from science and practice give in this book answers on how the interaction of Smart Grid and Smart Market works. [de

  5. Transit Marketing : A Program of Research, Demonstration and Communication

    Science.gov (United States)

    1985-04-01

    This report recommends a five-year program of research, demonstration, and communication to improve the effectiveness of marketing practice in the U.S. transit industry. The program is oriented toward the development of improved market research tools...

  6. The EEC's single market and the reconstruction of the Nordic electric power sector

    International Nuclear Information System (INIS)

    Olsen, O.J.

    1992-01-01

    When the Single Market comes into operation, the author claims, vertically integrated, national and regional monopolies within the electric power sector will be abolished. The nature of the new organization of this sector is as yet unclear. The Nordic countries are beginning to prepare themselves for the new situation. The subject of the article is this prospective development and some of the problems that will arise for the Nordic countries in this respect. The various Nordic proposals and their background are described in addition to the present conditions within the Nordic electric power sector. The special problems which may arise in relation to the Nordic adaption to the Single Market, the forms of adaption that are already beginning (adaptions of regulations, legal aspects etc.) on the part of the authorities and the electric power companies' attitudes and adaptions to expected future conditions are elucidated. (AB)

  7. CO2 abatement policies in the power sector under an oligopolistic gas market

    International Nuclear Information System (INIS)

    Hecking, Harald

    2014-01-01

    The paper at hand examines the power system costs when a coal tax or a fixed bonus for renewables is combined with CO 2 emissions trading. It explicitly accounts for the interaction between the power and the gas market and identifies three cost effects: First, a tax and a subsidy both cause deviations from the cost-efficient power market equilibrium. Second, these policies also impact the power sector's gas demand function as well as the gas market equilibrium and therefore have a feedback effect on power generation quantities indirectly via the gas price. Thirdly, by altering gas prices, a tax or a subsidy also indirectly affects the total costs of gas purchase by the power sector. However, the direction of the change in the gas price, and therefore the overall effect on power system costs, remains ambiguous. In a numerical analysis of the European power and gas market, I find using a simulation model integrating both markets that a coal tax affects gas prices ambiguously whereas a fixed bonus for renewables decreases gas prices. Furthermore, a coal tax increases power system costs, whereas a fixed bonus can decrease these costs because of the negative effect on the gas price. Lastly, the more market power that gas suppliers have, the stronger the outlined effects will be.

  8. Market-based implementation of Kyoto commitments: how the financial/insurance sector can support industry

    International Nuclear Information System (INIS)

    Knoepfel, Ivo

    1999-01-01

    The implementation of the Kyoto Protocol in the context of the Framework Convention on Climate Change will probably lead to economic winners and losers in various sectors of the economy. Especially carbon intensive industries will need to develop hedging strategies to prevent potential negative effects and to optimise market opportunities. Such strategies can be based on technological innovation, market and product diversification, and on financial/legal offsets. The Kyoto Protocol has introduced new market-based instruments, which can, in a near future provide such hedging opportunities. These include joint implementation, the so-called clean development mechanism, and international emissions trading. The financial services and insurance sector are the natural partners of industry in designing tailored hedging strategies. It is recommended that industry, financial services and insurance companies take a more proactive role in further developing the market-based instruments established by the Kyoto Protocol. (Author)

  9. Coal Transition in Poland. An historical case study for the project 'Coal Transitions: Research and Dialogue on the Future of Coal'

    International Nuclear Information System (INIS)

    Szpor, Aleksander

    2017-01-01

    This is one of the 6 country case-studies commissioned to collect experience on past coal transitions. The 6 countries are: Czech Republic, the Netherlands, Poland, Spain, UK, USA. Their role in the Coal Transitions project was to provide background information for a Synthesis Report for decision makers, and provide general lessons for national project teams to take into account in developing their coal transitions pathways for the future. The restructuring of the Polish coal sector is inextricably related to the democratic transformation which began in 1989. The economic dimension of the transformation is manifested in the shift from central planning to the free market. Although this process brought economic growth, it has had severe social costs. The main goals of the coal sector restructuring were to achieve its profitability and competitiveness on the global market. However, even with a very quick down-sizing of production and employment, which positively affected the mines' productivity, these goals were not achieved. Neither the profitability of the sector nor the sustainability of the labour restructuring were achieved. There were three main reasons for lack of success in this process. Firstly, the rapid changes of governments making impossible implementation of long term strategies and ensure implementation of market rules in the sector. Secondly, the pressure from trade unions on sustaining the status quo - state owed structure of mining companies, professional privileges and increasing salaries. Thirdly, the lack of sufficient incentives for retraining the miners and revitalising the areas exposed the most on the coal sector restructuring. Content: Introduction; Historical background; Structure of the coal and energy sector; Policies for the restructuring of the coal sector: Main actors in the process, Governmental programs, Instruments for easing the restructuring processes; Conclusions and lessons learnt

  10. Transformation of the Polish Banking Sector

    Directory of Open Access Journals (Sweden)

    Marek Stefański

    2009-07-01

    Full Text Available In the post-war period the banking system in Poland underwent two important system transitions: after 1946 and after 1989. The third transformation began after May 1, 2004, but it did not have a systemic character. The Polish banking sector started to operate on the Single European Market. The first part of the paper is devoted to the problems of the banks transformations after 1989 with a special focus on the quantitative development of banks in 19892008, and on subsequent privatisation and consolidation processes. The former intensified in 19891999, and the latter in 19992002. The consolidation process was very noticeable in the sector of cooperative banks after 1994. The second part of the paper includes an economic and financial analysis of the banks. A lot of attention was paid to the liquidity of the banking sector. It was assessed as good, which was confirmed by a short-term rating of Moodys and by the Financial Stability Report 2009, published by the National Bank of Poland in June 2009. The comparison of the net profit of the banking sector in 19972008 shows its dependence on the economic situation and policy. The number of banks with capital adequacy ratio well above the minimum required by the banking supervision is rising. The financial power ratings are not favorable for the domestic banks. The third part of the paper focuses on the development directions of the Polish banking sector. It may be concluded on the basis of the analysis that privatisation and consolidation processes will be continued. They will concentrate on the capital of foreign banks already operating in Poland. As compared with individual foreign banks, the potential of the Polish banking sector is week. The fourth part of the paper focuses on the presentation Polish banking sector in the context of European Union banking sector. The paper finishes with conclusions. Generally, Polish banks have to implement a strategy to enable them to compete on the Single

  11. TESTING FOR MARKET ANOMALIES IN DIFFERENT SECTORS OF THE JOHANNESBURG STOCK EXCHANGE

    OpenAIRE

    Mahlophe, Mpho I.; Muzindutsi, Paul-Francois

    2017-01-01

    This study compared the performance of different asset-pricing models and their ability to account for market anomalies in different sectors of the Johannesburg Stock Exchange (JSE). The total sample size of the study consisted of 156 companies categorised into six different sectors namely, resources, consumer goods, consumer services, financial, industrial and others. Various asset-pricing models such as the Capital Asset pricing Model (CAPM), the Fama and French three-factor model and the C...

  12. Marketing and the transition process

    Directory of Open Access Journals (Sweden)

    Andrejević Aleksandar

    2006-01-01

    Full Text Available In the initial stage of the transition process reduction of economic activities and downturn trend of GDP per capita are occur, which are the results of actual structural discrepancy and imperative need in undertaking of an adequate structural changes. Economic policy maker's orientation to the economic liberalization, macroeconomic stabilization, foreign capital inflow increase of revenue and expenditure should be attended by the adequate changes in a microeconomic sphere, primarily changes in approach to dealing of basic economic activities protagonists, id est companies. Marketing as the economic process, business philosophy and business function membership dues to raising of company's qualification and competitiveness, assist the economic requiste changes and palliate the transition process as well.

  13. Energy in the market services sector in 2011: uses differentiated according to activity

    International Nuclear Information System (INIS)

    Martin, Jean-Philippe

    2015-04-01

    In 2011, average energy consumption in the market services sector (excluding transport) was 266 kWh/ m 2 . This is greater than the consumption for residential buildings, which reached 186 kWh/m2. Indeed, activities in certain service-sector establishments sometimes require specific uses that do not exist in the residential sector or are more intensive, such as cooking, intensive computing, laundering or refrigeration. Businesses employing at least one person could be divided into five groups depending on their energy mix and energy uses. (author)

  14. Market study for direct utilization of geothermal resources by selected sectors of economy

    Energy Technology Data Exchange (ETDEWEB)

    1980-08-01

    A comprehensive analysis is presented of industrial markets potential for direct use of geothermal energy by a total of six industry sectors: food and kindred products; tobacco manufactures; textile mill products; lumber and wood products (except furniture); chemicals and allied products; and leather and leather products. A brief statement is presented regarding sectors of the economy and major manufacturing processes which can readily utilize direct geothermal energy. Previous studies on plant location determinants are summarized and appropriate empirical data provided on plant locations. Location determinants and potential for direct use of geothermal resources are presented. The data was gathered through interviews with 30 senior executives in the six sectors of economy selected for study. Probable locations of plants in geothermal resource areas and recommendations for geothermal resource marketing are presented. Appendix A presents factors which impact on industry location decisions. Appendix B presents industry executives interviewed during the course of this study. (MHR)

  15. China's oil market and refining sector

    International Nuclear Information System (INIS)

    Yamaguchi, N.D.; Fridley, D.G.

    2000-01-01

    The article assesses the future for China's oil industry as the country makes the transition from a command economy to an international market. China has one of the world's biggest oil industries and recent years have seen much growth in exploration and development, refining capacity and trade. China is more and more dependent on oil imports and is now a major international player; it has attracted much outside investment. Diagrams show (i) how coal dominates other sources of energy in China; (ii) crude production 1977-1998; (iii) how Middle East crudes now dominate Chinese crude imports; (iv) the growth of petroleum demand in China; (v) the Chinese demand for petroleum products; (vi) the growth in transport fuels; (vii) Chinese product imports: import ban targeted diesel; (viii) crude imports favoured over product imports and (ix) refinery capacity and throughput. The changes are expected to result in further integration into international markets, increased transparency and a healthier oil business

  16. P-wave holographic superconductor/insulator phase transitions affected by dark matter sector

    International Nuclear Information System (INIS)

    Rogatko, Marek; Wysokinski, Karol I.

    2016-01-01

    The holographic approach to building the p-wave superconductors results in three different models: the Maxwell-vector, the SU(2) Yang-Mills and the helical. In the probe limit approximation, we analytically examine the properties of the first two models in the theory with dark matter sector. It turns out that the effect of dark matter on the Maxwell-vector p-wave model is the same as on the s-wave superconductor studied earlier. For the non-Abelian model we study the phase transitions between p-wave holographic insulator/superconductor and metal/superconductor. Studies of marginally stable modes in the theory under consideration allow us to determine features of p-wave holographic droplet in a constant magnetic field. The dependence of the superconducting transition temperature on the coupling constant α to the dark matter sector is affected by the dark matter density ρ_D. For ρ_D>ρ the transition temperature is a decreasing function of α. The critical chemical potential μ_c for the quantum phase transition between insulator and metal depends on the chemical potential of dark matter μ_D and for μ_D=0 is a decreasing function of α.

  17. Labor markets and employment insecurity: impacts of globalization on service and healthcare-sector workforces.

    Science.gov (United States)

    Ostry, Aleck S; Spiegel, Jerry M

    2004-01-01

    Global changes in the economies of most developed nations have impacted the way healthcare is organized, even within largely public systems, and the working conditions of healthcare workers. Since the acceleration of globalization in the 1970s, service-sector workers in developed nations have faced high unemployment, increased skill requirements for most jobs, and a rise in non-traditional work arrangements. These secular shifts in service-sector labor markets have occurred against the background of an erosion of the welfare state and growing income inequality. As well, many healthcare systems, including Canada's, were severely downsized and restructured in the 1990s, exacerbating the underlying negative secular trends in the service sector, and worsening the working conditions for many healthcare workers. Globalization has altered the labor market and shifted working conditions in ways that have been unfavorable to many healthcare workers.

  18. Climate services in the tourism sector - examples and market research

    Science.gov (United States)

    Damm, Andrea; Köberl, Judith; Prettenthaler, Franz; Kortschak, Dominik; Hofer, Marianne; Winkler, Claudia

    2017-04-01

    vulnerability of their tourism destination. In this project we analysed the impacts of +2 °C global warming on winter tourism demand in ski tourism related regions in Europe. In order to achieve the climate targets, tailored climate information services - for individual businesses as well as at the regional and national level - play an important role. The current market, however, is still in the early stages. In the ongoing H2020 projects EU-MACS (www.eu-macs.eu) and MARCO (www.marco-h2020.eu) (Nov 2016 - Oct 2018) Joanneum Research explores the climate services market in the tourism sector. The current use of climate services is reviewed in detail and in an interactive process key market barriers and enablers will be identified in close collaboration with stakeholders from the tourism industry. The analysis and co-development of new climate services concepts for the tourism sector aims to reduce the gaps between climate services supply and demand.

  19. A total market approach for condoms in Myanmar: the need for the private, public and socially marketed sectors to work together for a sustainable condom market for HIV prevention

    Science.gov (United States)

    Longfield, Kim; Mundy, Gary; Win, Zaw; Montagu, Dominic

    2015-01-01

    Background Concerns about appropriate pricing strategies and the high market share of subsidized condoms prompted Population Services International (PSI)/Myanmar to adopt a total market approach (TMA). This article presents data on the size and composition of the Myanmar condom market, identifies inefficiencies and recommends methods for better targeting public subsidy. Methodology Data on condom need and condom use came from PSI/Myanmar’s (PSI/M’s) behavioural surveys; data for key populations’ socioeconomic status profiles came from the same surveys and the National Tuberculosis Prevalence Survey. Data on market share, volumes, value and number of condoms were from PSI/M’s quarterly retail audits and Joint United Nations Programme on HIV/AIDS (UNAIDS). Results Between 2008 and 2010, the universal need for condoms decreased from 112.9 to 98.2 million while condom use increased from 32 to 46%. Free and socially marketed condoms dominated the market (94%) in 2009–11 with an increase in the proportion of free condoms over time. The retail price of socially marketed condoms was artificially low at 44 kyats ($0.05 USD) in 2011 while the price for commercial condoms was 119–399 kyats ($0.15–$0.49 USD). Equity analyses demonstrated an equal distribution of female sex workers across national wealth quintiles, but 54% of men who have sex with men and 55% of male clients were in the highest two quintiles. Donor subsidies for condoms increased over time; from $434 000 USD in 2009 to $577 000 USD in 2011. Conclusion The market for male condoms was stagnant in Myanmar due to: limited demand for condoms among key populations, the dominance of free and socially marketed condoms on the market and a neglected commercial sector. Subsidies for socially marketed and free condoms have prevented the growth of the private sector, an unintended consequence. A TMA is needed to grow and sustain the condom market in Myanmar, which requires close co-ordination between the

  20. The impact of liberalisation of the electricity market on the hard coal mining sector in Poland

    Energy Technology Data Exchange (ETDEWEB)

    Kaminski, Jacek [Mineral and Energy Economy Research Institute of Polish Academy of Sciences, Energy and Environmental Policy Division, Wybickiego 7, 31-261 Krakow (Poland)

    2009-03-15

    The liberalisation of the electricity market changed the conditions of operation not only for the power industry, but also for related sectors. One of the particularly sensitive industries in Poland is coal mining, which is the result of coal-based structure of electricity generation. As it is more difficult, in the liberalised market, to burden consumers with all the costs, electricity producers are eager to transfer the risk of operation to the suppliers. That increases uncertainty about the future of the hard coal industry. The aim of this paper was to quantitatively estimate the impact that liberalisation of the electricity markets may have on the coal mining sector in Poland. First of all, the possible areas of that impact were identified. Then the model, which involved detailed relations in the impact areas identified, was developed and employed to evaluate the performance of the mining sector. The comparison of scenarios of a monopolistic electricity sector with a liberalised one enabled an estimation of the scale of the impact on the mining sector to be made. The results showed that liberalisation causes decreased coal consumption and decreased operating profits in coal companies. However, some savings in electricity costs are possible for coal producers. (author)

  1. The impact of liberalisation of the electricity market on the hard coal mining sector in Poland

    Energy Technology Data Exchange (ETDEWEB)

    Jacek Kaminski [Mineral and Energy Economy Research Institute of Polish Academy of Sciences, Krakow (Poland). Energy and Environmental Policy Division

    2009-03-15

    The liberalisation of the electricity market changed the conditions of operation not only for the power industry but also for related sectors. One of the particularly sensitive industries in Poland is coal mining, which is the result of coal-based structure of electricity generation. As it is more difficult, in the liberalised market, to burden consumers with all the costs, electricity producers are eager to transfer the risk of operation to the suppliers. That increases uncertainty about the future of the hard coal industry. The aim of this paper was to quantitatively estimate the impact that liberalisation of the electricity markets may have on the coal mining sector in Poland. First of all, the possible areas of that impact were identified. Then the model, which involved detailed relations in the impact areas identified, was developed and employed to evaluate the performance of the mining sector. The comparison of scenarios of a monopolistic electricity sector with a liberalised one enabled an estimation of the scale of the impact on the mining sector to be made. The results showed that liberalisation causes decreased coal consumption and decreased operating profits in coal companies. However, some savings in electricity costs are possible for coal producers. 42 refs., 20 figs., 9 tabs., 1 app.

  2. The impact of liberalisation of the electricity market on the hard coal mining sector in Poland

    International Nuclear Information System (INIS)

    Kaminski, Jacek

    2009-01-01

    The liberalisation of the electricity market changed the conditions of operation not only for the power industry, but also for related sectors. One of the particularly sensitive industries in Poland is coal mining, which is the result of coal-based structure of electricity generation. As it is more difficult, in the liberalised market, to burden consumers with all the costs, electricity producers are eager to transfer the risk of operation to the suppliers. That increases uncertainty about the future of the hard coal industry. The aim of this paper was to quantitatively estimate the impact that liberalisation of the electricity markets may have on the coal mining sector in Poland. First of all, the possible areas of that impact were identified. Then the model, which involved detailed relations in the impact areas identified, was developed and employed to evaluate the performance of the mining sector. The comparison of scenarios of a monopolistic electricity sector with a liberalised one enabled an estimation of the scale of the impact on the mining sector to be made. The results showed that liberalisation causes decreased coal consumption and decreased operating profits in coal companies. However, some savings in electricity costs are possible for coal producers. (author)

  3. Primary and Secondary Labor Markets: Implications for Vocational Rehabilitation.

    Science.gov (United States)

    Hagner, David

    2000-01-01

    Reviews theoretical and empirical work in labor economics and the sociology of work relating to the segmentation of the labor market into a primary and a secondary sector and examines the implications for vocational rehabilitation. Transition into primary sector employment is explored as an important aspect of career development for individuals…

  4. Sectoral and regional impacts of the European carbon market in Portugal

    Energy Technology Data Exchange (ETDEWEB)

    Robaina Alves, Margarita, E-mail: mrobaina@ua.p [GOVCOPP and Department of Economics, Management and Industrial Engineering, University of Aveiro, Campus Universitario de Santiago, 3810-193 Aveiro (Portugal); Rodriguez, Miguel [Department of Applied Economics, University of Vigo, Facultade Empresariais e Turismo, 32004 Ourense (Spain); Roseta-Palma, Catarina, E-mail: catarina.roseta@iscte.p [Department of Economics and UNIDE, ISCTE-Lisbon University Institute, Av. Forcas Armadas, 1629-026 Lisboa (Portugal)

    2011-05-15

    Across Europe, CO{sub 2} emission allowances represent one of the main policy instruments to comply with the goals of the Kyoto Protocol. In this paper we use microdata to address two issues regarding the impact of the European Carbon Market (EU ETS). First, we analyze the sectoral effects of the EU ETS in Portugal. The goal is to study the distributive consequences of imbalances, with the novelty of taking into account firm financial data to put values into context. We show that a large majority of installations in most sectors had surpluses and the opportunity to raise remarkable revenues in some cases. We also look at the regional impact, since the pre-existing specialization of different regions in the production of different goods and services might lead to an uneven economic impact of the allowance market. In particular, Portuguese data indicate a distribution of revenue from low income to high income regions, or rather, between installations located in those regions. We focus on the first phase of the EU ETS, using data for each one of the 244 Portuguese installations in the market as well as financial data for 80% of these installations, although we also present data for 2008 and 2009. - Research highlights: {yields} Analysis of distributional impact of the EU ETS for Portuguese sectors and regions. {yields} EU ETS microdata, economic data and firm financial data used to provide context. {yields} Most installations had surpluses and in some cases may have raised notable revenues. {yields} There seems to be an income distribution effect from low to high-income regions. {yields} Thermoelectric generation most likely to be short, but results vary with rainfall.

  5. Sectoral and regional impacts of the European carbon market in Portugal

    International Nuclear Information System (INIS)

    Robaina Alves, Margarita; Rodriguez, Miguel; Roseta-Palma, Catarina

    2011-01-01

    Across Europe, CO 2 emission allowances represent one of the main policy instruments to comply with the goals of the Kyoto Protocol. In this paper we use microdata to address two issues regarding the impact of the European Carbon Market (EU ETS). First, we analyze the sectoral effects of the EU ETS in Portugal. The goal is to study the distributive consequences of imbalances, with the novelty of taking into account firm financial data to put values into context. We show that a large majority of installations in most sectors had surpluses and the opportunity to raise remarkable revenues in some cases. We also look at the regional impact, since the pre-existing specialization of different regions in the production of different goods and services might lead to an uneven economic impact of the allowance market. In particular, Portuguese data indicate a distribution of revenue from low income to high income regions, or rather, between installations located in those regions. We focus on the first phase of the EU ETS, using data for each one of the 244 Portuguese installations in the market as well as financial data for 80% of these installations, although we also present data for 2008 and 2009. - Research highlights: → Analysis of distributional impact of the EU ETS for Portuguese sectors and regions. → EU ETS microdata, economic data and firm financial data used to provide context. → Most installations had surpluses and in some cases may have raised notable revenues. → There seems to be an income distribution effect from low to high-income regions. → Thermoelectric generation most likely to be short, but results vary with rainfall.

  6. Political and economic heritage of postcommunist Europe and energy market

    International Nuclear Information System (INIS)

    Sander, M.

    1999-01-01

    Transition countries include a group of countries with similar political, economic and social problems that signify the period after the end of the cold war and the fall of Communism. The paper presents the characteristics of the European Communist countries before and after the fall of the iron curtain, which influenced the transition process toward market economy. The centralist (Russian) economy model had enormous advantages at the beginning, particularly in the energy sector, owing to unlimited consumption of blood, sweat and tears during the construction of major power plants. The bureaucratic system executed ruthless expropriation of land and the existing power system, neglecting the environment and human health and even disregarding the feasibility of new power plants. The market creation and particularly the creation of an energy market, under which we understand selling and buying of all forms of energy, fuels, power plants' equipment and capital for energy sector, asks for a series of tasks from the Eastern European countries. They must accept market rules, standards of highly industrialised western countries and achievements in parliamentary democracy as the canon of behaviour in democracy. Setting up a legal infrastructure for the private sector, devising a taxation system, determining ownership rights, stabilising the macro economy in the sense of managing the government budget so as to avoid an excessive fiscal deficit, and stabilising monetary policy are primary tasks of the transition countries. The paper particularly reviews the tasks specifically related to the energy sector and analyses the problems taking into account national strategic interests. (author)

  7. 2015 wind energy observatory. Analysis of market, jobs and future of the wind energy sector in France

    International Nuclear Information System (INIS)

    Perot, Olivier; Autier, Emmanuel

    2015-11-01

    This Power Point presentation proposes graphs, figures, tables and comments on the status and evolution of jobs in the wind energy sector (a growing sector, analysis of job locations), of the wind energy market (assessment of a growing market, dynamic French regions, competitive context, evolution of technologies with higher machines, larger wind farms and a growing production), and on the future of wind energy (a growing number of training courses, an active R and D all over the country, a structuring sector). Sheets presenting actors per categories, and maps of regional activity location are provided in appendix

  8. Oil prices, stock markets and portfolio investment. Evidence from sector analysis in Europe over the last decade

    International Nuclear Information System (INIS)

    Hedi Arouri, Mohamed El; Khuong Nguyen, Duc

    2010-01-01

    This article extends the understanding of oil-stock market relationships over the last turbulent decade. Unlike previous empirical investigations, which have largely focused on broad-based market indices (national and/or regional indices), we examine short-term linkages in the aggregate as well as sector by sector levels in Europe using different econometric techniques. Our main findings suggest that the reactions of stock returns to oil price changes differ greatly depending on the activity sector. In the out-of-sample analysis we show that introducing oil asset into a diversified portfolio of stocks allows to significantly improve its risk-return characteristics. (author)

  9. Influence of peculiarities of transition economy on real estate market

    OpenAIRE

    Venclauskienė, Deimantė; Snieška, Vytautas

    2010-01-01

    Global integration processes highlight relevance and weight of real estate market in determining economic cycle processes in different countries. Real estate market processes in countries with transition economy differ from real estate market processes in countries with developed economy in their peculiarities, possible reactions of market participators to economic shocks and consequences to country‘s economy. Common problems with property privatization, formation of legal and financial syste...

  10. Demise of the standard model for power sector reform and the emergence of hybrid power markets

    International Nuclear Information System (INIS)

    Gratwick, Katharine Nawaal; Eberhard, Anton

    2008-01-01

    Following earlier reforms in the power sectors of industrialized countries and emerging markets (e.g. Chile), developing countries were encouraged to unbundle their electricity industries and to introduce competition and private sector participation. This paper highlights the developments that led to how power sector reform came to be defined as a standard model and theoretical framework in its own right, and how the model was used prescriptively in many developing countries. However, we also show that, after more than 15 years of reform efforts, this new industry model has not fully taken root in most developing countries. Finally, we identify and characterize the emergence of new hybrid power markets, which pose fresh performance and investment challenges

  11. Designing effective power sector reform: A road map for the republic of Georgia

    Science.gov (United States)

    Kurdgelashvili, Lado

    Around the world, network utilities (i.e., electricity, natural gas, railway, telecommunications, and water supply industries) are undergoing major structural transformation. A new wave of market liberalization, together with rapid technological changes, has challenged the previously dominant monopoly organization of these industries. A global trend toward deregulation and restructuring is evident in countries at different levels of social and economic development. The challenges of transition from a monopolistic to an open market competitive structure are numerous. Understanding these problems and finding solutions are essential to successful restructuring. In developing countries and economies in transition (i.e., the Eastern Europe and the former Soviet Union), government-owned utilities are often considered to be highly inefficient. The dominant power sector restructuring strategies seek to promote economic efficiency through a gradual introduction of competition into the power sector. Five components of power sector reform are commonly proposed by the World Bank and others for these countries: commercialization, privatization, establishment of an independent regulatory agency, unbundling and gradual introduction of competition in generation and retail markets. The Republic of Georgia, like many economies in transition (e.g., Hungary, Ukraine, and Kazakhstan) has followed this reform model. However, outcomes of the reform have not been as promised. The acute economic problems facing Georgia after it regained independence have compounded problems in the power sector. A review of Georgia's utility reforms reveals that the country has undertaken electricity industry restructuring without giving substantial consideration to the problems that these reforms might have created within the industry or society. The main task of this dissertation is to find the restructuring model, which can best serve economic, social and environmental goals under circumstances similar

  12. The development of market power in the Polish power generation sector: A 10-year perspective

    International Nuclear Information System (INIS)

    Kamiński, Jacek

    2012-01-01

    The paper examines how and to which extent consolidation in the Polish power generation sector has affected the potential for market power over the last 10 years. Although this sector has been undergoing liberalisation (privatisation, introduction of TPA regulations and competition etc.), the consolidation efforts shown by Polish governments have resulted in a significant increase in concentration of both installed capacity and production. The methodology applied in this study includes typical ex-post structural and behavioural measures employed to estimate potential for market power, namely: concentration ratios (for the largest and the three largest suppliers), the Herfindahl–Hirschman Index, entropy, Supply Margin Assessment, the Residual Supply Index and the Lerner Index. Furthermore, an analysis based on the Gini coefficient was employed to obtain an insight into inequalities. The results of this study show that governmental decisions led to a significant increase in the potential to exercise market power held by key power generation companies. Of key importance was the 2007 consolidation, resulting in an increase in the HHI to 1374 (in terms of installed capacity) and 1945 (in terms of electricity production). This consolidation resulted in the creation of the first Pivotal Supplier in the Polish power generation sector in 2008. - Highlights: ► Market power analysis based on structural and behavioural indices was carried out for the Polish power sector. ► Governmental policy resulted in significant increase in concentration of both installed capacity and generation. ► Increase in the Lerner Index of brown coal-based generation and decrease of the hard coal-based one were observed.

  13. The Role of Labor Markets in Structural Change.

    OpenAIRE

    Miguel Ricaurte

    2010-01-01

    Why did services become the dominant sector in industrialized economies? While abundant literature exists on the transition from agriculture to industry (i.e., the industrial revolution), there is no consensual explanation for the second wave of structural change. I argue that sectoral differences in regulation affecting the degree of competition in labor and goods markets explain: (a) the rise in the services sector share of output and employment, (b) international differences in cross-secto...

  14. Market structure and competition in the healthcare industry : Results from a transition economy.

    Science.gov (United States)

    Lábaj, Martin; Silanič, Peter; Weiss, Christoph; Yontcheva, Biliana

    2018-02-14

    The present paper provides first empirical evidence on the relationship between market size and the number of firms in the healthcare industry for a transition economy. We estimate market-size thresholds required to support different numbers of suppliers (firms) for three occupations in the healthcare industry in a large number of distinct geographic markets in Slovakia, taking into account the spatial interaction between local markets. The empirical analysis is carried out for three time periods (1995, 2001 and 2010) which characterise different stages of the transition process. Our results suggest that the relationship between market size and the number of firms differs both across industries and across periods. In particular, we find that pharmacies, as the only completely liberalised market in our dataset, experience the largest change in competitive behaviour during the transition process. Furthermore, we find evidence for correlation in entry decisions across administrative borders, suggesting that future market analysis should aim to capture these regional effects.

  15. Public sector reform and demand for human resources for health (HRH

    Directory of Open Access Journals (Sweden)

    Lethbridge Jane

    2004-11-01

    Full Text Available Abstract This article considers some of the effects of health sector reform on human resources for health (HRH in developing countries and countries in transition by examining the effect of fiscal reform and the introduction of decentralisation and market mechanisms to the health sector. Fiscal reform results in pressure to measure the staff outputs of the health sector. Financial decentralisation often leads to hospitals becoming "corporatised" institutions, operating with business principles but remaining in the public sector. The introduction of market mechanisms often involves the formation of an internal market within the health sector and market testing of different functions with the private sector. This has immediate implications for the employment of health workers in the public sector, because the public sector may reduce its workforce if services are purchased from other sectors or may introduce more short-term and temporary employment contracts. Decentralisation of budgets and administrative functions can affect the health sector, often in negative ways, by reducing resources available and confusing lines of accountability for health workers. Governance and regulation of health care, when delivered by both public and private providers, require new systems of regulation. The increase in private sector provision has led health workers to move to the private sector. For those remaining in the public sector, there are often worsening working conditions, a lack of employment security and dismantling of collective bargaining agreements. Human resource development is gradually being recognised as crucial to future reforms and the formulation of health policy. New information systems at local and regional level will be needed to collect data on human resources. New employment arrangements, strengthening organisational culture, training and continuing education will also be needed.

  16. Internal marketing and organisational performance of SMEs in the EDV industrial sector

    Directory of Open Access Journals (Sweden)

    Sousa João Pedro

    2018-03-01

    Full Text Available Focusing on the industrial sector, this research aims to identify conditions for the implementation of internal marketing concepts among employees and its impact on the organisational performance. Only one study was found simultaneously integrating the two constructs. It concerned the cork processing industry alone, yet considered expanding the efforts – namely, using qualitative exploratory research in the form of 10 in-depth interviews based on a script of generally open questions – to the entire industry in the Portuguese region between rivers Douro and Vouga. The unit of analysis was constructed considering distinct features as well as activity criteria and the geographic location, thus ensuring the necessary heterogeneity. The results inform about the awareness of the internal marketing conceptualisation. The research found that all analysed enterprises had more or less structured model frames and worked with the conceptualisation of the guidance for the internal market, a strategic concern, and in some instances, this concept was an organisational desideratum in the sector. In addition to the lapse of the research according to a qualitative paradigm of exploratory nature, the main limitation is the need for objective sustainably of the results obtained through future quantitative studies to promote an integrated triangulation of their outcomes. The research allowed identifying the companies that use organisational models conducive to the individual well-being of employees and facilitating the desired orientation to the market.

  17. Corporatization of the water sector: Implications for transitioning to sustainable urban water management

    DEFF Research Database (Denmark)

    Fratini, Chiara; Elle, Morten; Brown, Norman R.

    2012-01-01

    In the context of climate change, the Danish water sector is experiencing two major pressures. On one hand, a number of agents are pushing towards more sustainable urban water management (SUWM) approaches with the aim of improving surface water quality and mitigating flood risk. On the other hand....... A more direct collaboration of the national regulator of competitive performances with government institutions and other non-governmental actors might be an effective answer to such challenges....... the influencing factors for transitioning to SUWM and highlighted the potential governance attributes for enhancing and/or constraining such change. This paper explores the corporatization of the water sector and its implications for transitioning to SUWM. On the base of a preliminary literature review we...... identify the rationales for and drawbacks of corporatization and compare them with the critical factors to build institutional capacity for SUWM. Preliminary results suggest that corporatization is expected to create a range of challenges that might hinder the transition towards more SUWM approaches...

  18. Transitions to employment from labour market enterprises in Norway

    OpenAIRE

    Aakvik, Arild; Dahl, Svenn-Åge

    2004-01-01

    We analyse a labour market programme for partly disabled workers that involves the transition from Labour Market Enterprises to a job in the ordinary labour market. We find that the percentage of these people finding jobs after a maximum two-year programme period has increased over time. In 1995, 28 per cent became employed in the ordinary job market in that year after they have left the programme. Exit rates to employment increased to 36 per cent in 1998 and to 39 per cent in 1999. We also f...

  19. A total market approach for condoms in Myanmar: the need for the private, public and socially marketed sectors to work together for a sustainable condom market for HIV prevention.

    Science.gov (United States)

    Htat, Han Win; Longfield, Kim; Mundy, Gary; Win, Zaw; Montagu, Dominic

    2015-03-01

    Concerns about appropriate pricing strategies and the high market share of subsidized condoms prompted Population Services International (PSI)/Myanmar to adopt a total market approach (TMA). This article presents data on the size and composition of the Myanmar condom market, identifies inefficiencies and recommends methods for better targeting public subsidy. Data on condom need and condom use came from PSI/Myanmar's (PSI/M's) behavioural surveys; data for key populations' socioeconomic status profiles came from the same surveys and the National Tuberculosis Prevalence Survey. Data on market share, volumes, value and number of condoms were from PSI/M's quarterly retail audits and Joint United Nations Programme on HIV/AIDS (UNAIDS). Between 2008 and 2010, the universal need for condoms decreased from 112.9 to 98.2 million while condom use increased from 32 to 46%. Free and socially marketed condoms dominated the market (94%) in 2009-11 with an increase in the proportion of free condoms over time. The retail price of socially marketed condoms was artificially low at 44 kyats ($0.05 USD) in 2011 while the price for commercial condoms was 119-399 kyats ($0.15-$0.49 USD). Equity analyses demonstrated an equal distribution of female sex workers across national wealth quintiles, but 54% of men who have sex with men and 55% of male clients were in the highest two quintiles. Donor subsidies for condoms increased over time; from $434,000 USD in 2009 to $577,000 USD in 2011. The market for male condoms was stagnant in Myanmar due to: limited demand for condoms among key populations, the dominance of free and socially marketed condoms on the market and a neglected commercial sector. Subsidies for socially marketed and free condoms have prevented the growth of the private sector, an unintended consequence. A TMA is needed to grow and sustain the condom market in Myanmar, which requires close co-ordination between the public, socially marketed and commercial sectors. Published

  20. A market in transition

    International Nuclear Information System (INIS)

    Carter, N.

    2014-01-01

    In March 2011, the uranium market was hit hard by the Fukushima disaster, which stalled the growth in nuclear reactor requirements and is still having a profound effect today with zero Japanese nuclear reactors in operation. To make matters worse, the evolving shale gas revolution has made it difficult for many U.S. merchant nuclear plants to compete with gas-fired plants, leading some of these plants to shut down early. As Japanese nuclear plants remain offline, uranium inventories have been building, with the market currently sitting on excess supply of about 14 million pounds U3O8 [~5,400 t U] for 2014. Due to the current oversupply situation, uranium prices have moved below where the true equilibrium likely should be, especially given that 50% of current uranium production is at a full cost above the current spot price of $35 per pound [91 USD/kg U]. Although new uranium projects are planned over the next few years, they are not assured of coming online unless market conditions improve. And with more production cutbacks eminent due to the unfavorable economics for some operating and planned uranium mines, the market could find itself in a volatile situation in only a few years with Chinese nuclear generation expected to grow rapidly, and new countries such as the U.A.E. and Saudi Arabia advancing their nuclear power programs. In fact, the pullback in both the spot and long-term uranium prices over the past three years could again create a problem for the market over the next few years since there is currently less impetus to expand uranium production or engage in exploration. With global nuclear reactor requirements still increasing significantly in the medium- to long-term, more requisite new production will have to be brought online, especially with the U.S.-Russia HEU deal having ended last year, which contributed to up to 24 million pounds of U_3O_8 [~9,200 tU] feed annually. In addition to transitioning from an inventory-driven market to a production

  1. Energy transition in the transport sector

    International Nuclear Information System (INIS)

    Duchemin, Bruno; Genest, Sebastien

    2013-01-01

    Within the European framework, France has committed to a 20% reduction of its GHG emission by 2020 compared with 1990, and reaching the 'factor 4' by 2050. The 2005 POPE Act (the French Energy Policy Guidance Act) makes climate change a priority of the energy policy, setting out a 3% yearly reduction of our country's GHG emissions. This means combining energy efficiency and restraint, as is highlighted by the first chapter of the 'energy transition road-map'. Energy is a major component of transport. Designing its transition requires us to question the very organisation of our society: materials and their usage, the means of transport to favour and the infrastructures to implement, costs for competitiveness, the organisation of work and commuting... At a global scale, needs for mobility are increasing, as is the urgent need to deal with environmental problems. There are huge emerging markets for public transport, increasingly efficient and smart cars, information and transmission networks, infrastructures, the organisation of transport... However, France has all the assets to become a world leader in carbon-free transport. Succeeding in this change means organising the service to meet the needs of all, people, businesses, transport operators and industry, starting this transition right away. Policies must clearly define objectives and the means of achieving them through coordinated actions within a long term approach. The ESEC formulates a set of proposals in this direction

  2. Private Sector Investments from Small States in Emerging Markets: Can International Financial Institutions Help Handle the Risks?

    Directory of Open Access Journals (Sweden)

    Hilmar Þór Hilmarsson

    2008-12-01

    Full Text Available The private sector plays an important role in the economic reconstruction of emerging market economies, and international financial institutions (IFIs increasingly work in partnership with the private sector to increase economic growth and reduce poverty in those economies. IFIs, for example, offer: (i equity financing and/or loans for private sector projects, (ii investment guarantees against political risks (or non-commercial risks, (iii technical assistance, and (iv advisory services, etc. This article will briefly discuss the services that IFIs offer the private sector in emerging markets and cases in which these services could be useful for Icelandic companies. The institutions discussed are (i the World Bank Group, (ii the European Bank for Reconstruction and Development (EBRD, (iii the Asian Development Bank (AsDB, (iv the Inter-American Development Bank (IDB, and (v the African Development Bank (AfDB. A few Icelandic firms already have plans for relatively large projects in emerging market economies, especially in the energy sector, some of them in countries that could be classified as being risky. The ongoing economic crisis in Iceland will make project financing in emerging markets more problematic than before and therefore investments in partnership with international financial institutions could be an option that Icelandic firms will increasingly need to consider if they intend to invest abroad. However, increased private sector and IFI partnerships will not happen without government action. Iceland is a member of only two of the above-mentioned IFIs: the World Bank Group and the EBRD. The decision for Iceland to become member of the AsDB, IDB and AfDB rests solely with the government. Further government inaction in this area could become an impediment for foreign direct investment from Iceland to emerging markets and increase risks when the Icelandic private sector invests in those economies. Unnecessary risks might not only hurt

  3. Public Sector Reforms: New Public Management without Marketization?

    DEFF Research Database (Denmark)

    Löfgren, Karl; Pedersen, John Storm

    2012-01-01

    Is it possible to imagine New Public Management without marketization? In Denmark the present liberal-conservative Government has, throughout its 10 years in power, designed and implemented more than 15 major management reforms in the public sector. Although most of the reforms are rhetorically...... firmly rooted in neo-liberal ideologies they have, in practice, promoted tools and mechanisms of the “traditional,” or Old, Public Management. Based on an empirical study of the reforms, we suggest that the notion of “pragmatic” New Public Management is introduced to enhance the current understanding...... of New Public Management in the Western industrialized societies....

  4. Market potential for solar thermal energy supply systems in the United States industrial and commercial sectors: 1990--2030

    International Nuclear Information System (INIS)

    1991-12-01

    This report revises and extends previous work sponsored by the US DOE on the potential industrial market in the United States for solar thermal energy systems and presents a new analysis of the commercial sector market potential. Current and future industrial process heat demand and commercial water heating, space heating and space cooling end-use demands are estimated. The PC Industrial Model (PCIM) and the commercial modules of the Building Energy End-Use Model (BEEM) used by the DOE's Energy Information Administration (EIA) to support the recent National Energy Strategy (NES) analysis are used to forecast industrial and commercial end-use energy demand respectively. Energy demand is disaggregated by US Census region to account for geographic variation in solar insolation and regional variation in cost of alternative natural gas-fired energy sources. The industrial sector analysis also disaggregates demand by heat medium and temperature range to facilitate process end-use matching with appropriate solar thermal energy supply technologies. The commercial sector analysis disaggregates energy demand by three end uses: water heating, space heating, and space cooling. Generic conceptual designs are created for both industrial and commercial applications. Levelized energy costs (LEC) are calculated for industrial sector applications employing low temperature flat plate collectors for process water preheat; parabolic troughs for intermediate temperature process steam and direct heat industrial application; and parabolic dish technologies for high temperature, direct heat industrial applications. LEC are calculated for commercial sector applications employing parabolic trough technologies for low temperature water and space heating. Cost comparisons are made with natural gas-fired sources for both the industrial market and the commercial market assuming fuel price escalation consistent with NES reference case scenarios for industrial and commercial sector gas markets

  5. Commercial sector gas cooling technology frontier and market share analysis

    International Nuclear Information System (INIS)

    Pine, G.D.; Mac Donald, J.M.; McLain, H.A.

    1990-01-01

    This paper describes a method, developed for the Gas Research Institute of the United States, that can assist planning for commercial sector natural gas cooling systems R and D. These systems are higher in first cost than conventional electric chillers. Yet, engine-driven chiller designs exist which are currently competitive in U.S. markets typified by high electricity or demand charges. Section II describes a scenario analysis approach used to develop and test the method. Section III defines the technology frontier, a conceptual tool for identifying new designs with sales potential. Section IV describes a discrete choice method for predicting market shares of technologies with sales potential. Section V shows how the method predicts operating parameter, cost, and/or performance goals for technologies without current sales potential (or for enhancing a frontier technology's sales potential). Section VI concludes with an illustrative example for the Chicago office building retrofit market

  6. Flexibility and security : National social models in transitional labour markets

    NARCIS (Netherlands)

    Muffels, R.J.A.; Crouch, Colin; Wilthagen, A.C.J.M.

    2014-01-01

    Aggregate and individual data are used to test the association between employment performance and different ways of reconciling flexibility and security in European labour markets. Particular use is made of statistics on individuals’ labour market transitions as revealed by national labour force

  7. Market development for active solar thermal systems (ASTS) in the institutional, commercial and industrial (ICI) sectors

    International Nuclear Information System (INIS)

    2000-01-01

    The market potential for active solar thermal systems in the institutional, commercial and industrial sectors of the Canadian economy was investigated, the objective being to identify markets and to prepare action plans as the foundation for developing these markets by Natural Resources Canada and the industry. In the process of researching the market, barriers to market development in these sectors of the economy were also identified as well as actions to overcome these barriers. Nine potential applications were modelled to determine their energy, economic and environmental performance. Of these four attractive applications have been selected for more detailed treatment. Separate action plans have been developed for Natural Resources Canada, the Canadian Solar Industries Association and the active solar thermal industry. The close cooperation of all three partners is considered essential for a successful marketing effort. A marketing plan which gives due consideration to the product, planning, packaging, price and promotion, is also considered to be a vital ingredient, as is a meticulous follow-up on 'leads' created by exposure to the target market. Solarwall'TM' for preheating of ventilation air to new school buildings and solar domestic hot water heating for camp grounds have been identified as the most attractive candidates for marketing at this time. Highlights of marketing plans for these two options are included for purposes of illustrating the essential ingredients of marketing plans. 1 fig

  8. CO{sub 2} abatement policies in the power sector under an oligopolistic gas market

    Energy Technology Data Exchange (ETDEWEB)

    Hecking, Harald

    2014-09-15

    The paper at hand examines the power system costs when a coal tax or a fixed bonus for renewables is combined with CO{sub 2} emissions trading. It explicitly accounts for the interaction between the power and the gas market and identifies three cost effects: First, a tax and a subsidy both cause deviations from the cost-efficient power market equilibrium. Second, these policies also impact the power sector's gas demand function as well as the gas market equilibrium and therefore have a feedback effect on power generation quantities indirectly via the gas price. Thirdly, by altering gas prices, a tax or a subsidy also indirectly affects the total costs of gas purchase by the power sector. However, the direction of the change in the gas price, and therefore the overall effect on power system costs, remains ambiguous. In a numerical analysis of the European power and gas market, I find using a simulation model integrating both markets that a coal tax affects gas prices ambiguously whereas a fixed bonus for renewables decreases gas prices. Furthermore, a coal tax increases power system costs, whereas a fixed bonus can decrease these costs because of the negative effect on the gas price. Lastly, the more market power that gas suppliers have, the stronger the outlined effects will be.

  9. Labour market transitions in policy and in everyday life

    DEFF Research Database (Denmark)

    Thomsen, Rie; Cort, Pia

    the 1990s focus in the employment policy has shifted gradually and introduced the ideas of activation and the duty of the unemployed to pursue employment. Unemployment has been individualized as a problem and focus has moved from upskilling to rapid re-integration into the labour market, hereby......In a time where transitions between jobs and in and out of the labour market are likely to become more frequent the way we conceptualise and experience ‘ transitions’ becomes equally important. In EU policy, Denmark is often referred to as a model country in terms of the flexicurity model and its...... aim of securing unemployed people through financial support and access to training and competence development during redundancies i.e. during transitional phases in a working life. Hereby the flexicurity model ensures both a flexible labour market and a flexible and adaptable workforce. However, since...

  10. Assessing the efficiency versus the inefficiency of the energy sectors in formerly centrally planned economies

    Energy Technology Data Exchange (ETDEWEB)

    Vorsatz, D. [Lawrence Berkeley Laboratory, CA (United States)

    1995-12-01

    As much the extreme inefficiency of Eastern European energy sectors is emphasized, as little attention their relatively efficient aspects receive. Indeed, a few efficiency indicators show the highest global efficiencies for the formerly centrally planned economies, such as the overall primary to useful energy efficiency. These figures draw the attention to an underestimated feature of former socialist energy sectors and to crucial policy implications: in some respects central planning lead to a more efficient use of energy than the market economy. Consequently, if transitions from the central planning to the market economy are not managed carefully, further reductions in energy efficiency can be expected in some sectors of the economy.

  11. Hydraulic and marine energies. Market evolution and perspectives on the medium term for the sector actors

    International Nuclear Information System (INIS)

    2015-01-01

    In its first part, this report proposes an analysis of the hydraulic and marine energy sector and of its perspectives through the identification of its main activity determining factors, a presentation of the activity evolution until 2015, and a discussion of the process of concession renewal, and of the development of small hydroelectric projects. The second part presents and comments the financial performance of enterprises belonging to the sector, and the third part an overview of highlights and of development focuses of operators (increase of production capacities, concession renewals, international development, and diversification in other renewable energies). The third part reports an analysis of the sector context: structural brakes and drivers, hydraulic world market, hydraulic French market. The three last parts propose an analysis of the sector economic structure and of actors, data sheet for operators, equipment manufacturers and engineering companies, and economic and financial indicators for 192 operators which allow a comparative overview of these actors

  12. Engineering in the energy sector. The single market and the engineering sector; Ingenieria en el sector energetico. El mercado unico y el sector de ingenieria

    Energy Technology Data Exchange (ETDEWEB)

    Garcia Rodrigues, A [Empresarios Agrupados, A.I.E., Madrid (Spain)

    1993-12-15

    Projects with large infrastructures, particularly those in the field of energy, provide a strong boost to certain industrial sectors in the country. In the case of Spain, the policy of direct management 'by components' of these projects - hydroelectric power plants, petrochemical plants, thermoelectric plants and nuclear power plants - adopted by the electric utility owners has furthered not only the local equipment manufacturing industry but also the engineering sector. At present, with full implementation of the Single Market in sight, it is particularly interesting for Spain to continue building up a powerful engineering sector, increasing its size and usefulness, and extending its traditional areas of action to other technologies, more on the lines of engineering and consulting firms in the USA than in the rest of Europe. The intention is to endow our equipment and construction companies with the skills necessary to enable them to compete with large European conglomerates in their respective sectors. The structure of these conglomerates usually contains engineering capabilities which are not habitual in our industry. Examples are given, showing how this model has been used to compete and win awards for important international projects. A specific analysis has been made of the position of Spanish engineering and industry in nuclear power generation projects in the former Soviet Union and East European countries, in which large investments are expected to be made. (author)

  13. Analysis of stock market anomalies: US cross-sectoral comparison

    OpenAIRE

    Jílek, Lukáš

    2012-01-01

    The purpose of this thesis is to analyze anomalies in the US stock market. Special attention is put on Day of the week effect, January effect, and Part of the month effect. We focus on comparison of companies with low and high capitalization. We perform an analysis across 6 major industrial sectors. Then, we discuss the findings with results of past projects and finally, we try to find a speculative investment strategy. We found out that neither Day of the week effect nor January effect do no...

  14. An Active Role of Citizens on the Energy Market

    International Nuclear Information System (INIS)

    Skrlec, D.

    2016-01-01

    In order to fulfil climate and energy goals that EU has set for the period until 2030 and also after 2050, an engagement of the entire society is necessary. The energy sector is entering a transition towards a so called 4D model: decarbonization, decentralisation, distribution and democratisation. Citizens' engagement and responsibility in this transition requires active consumption management, energy generation and application of energy efficiency measures. To be competitive on the energy market, various forms of collective citizen collaborations are needed and to encourage people to participate in those, they have to be further educated so that the energy sector transition can succeed. The expected road transportation electrification posts further challenges on the energy sector. Horizontal connection of more EU policies, climate-energy, circular economy, digital agenda shows that a holistic approach is needed for the transition into a new, resource and energy more efficient, society.(author).

  15. The Evolution of the Russian Saving Bank Sector During the Transition Era

    NARCIS (Netherlands)

    M.A. Carree (Martin)

    2000-01-01

    textabstractFollowing the 1988 banking reform in Russia there was an enormous increase in the number of (registered) commercial banks. The Russian savings bank sector went through a period of shakeout after the August 1995 interbank crisis. Large banks were able to expand their market shares in the

  16. Digital marketing strategies in the luxury fashion sector. Interaction and social networks as a necessary tool

    OpenAIRE

    González Romo, Zahaira; Plaza Romero, Noemí

    2017-01-01

    Luxury brands reinvent themselves in their marketing and business strategies to adapt and approach emerging markets eager to consume luxury fashion, which is why digital marketing becomes an essential tool for the communication of luxury brands leaders in the market with their younger audiences. The present research aims to know what are the current strategies in digital marketing that are being carried out by the brands of the luxury fashion sector. The aim is to identify the most relevant a...

  17. Hybrid system prediction for the stock market: The case of transitional markets

    Directory of Open Access Journals (Sweden)

    Ralević Nebojša

    2017-01-01

    Full Text Available The subject of this paper is the creation and testing of an enhanced fuzzy neural network backpropagation model for the prediction of stock market indexes, including the comparison with the traditional neural network backpropagation model. The objective of the research is to gather information concerning the possibilities of using the enhanced fuzzy neural network backpropagation model for the prediction of stock market indexes focusing on transitional markets. The methodology used involves the integration of fuzzified weights into the neural network. The research results will be beneficial both for the broader investment community and the academia, in terms of the application of the enhanced model in the investment decision-making, as well as in improving the knowledge in this subject matter.

  18. Determinant Factors of Green Marketing Adoption in the Hospitality Sector

    OpenAIRE

    Vlad, Liviu B.; Vasile, Dragos C.; Macovei, Octav-Ionut; Tuclea, Claudia E.

    2016-01-01

    Green marketing is falling into the category of answers provided by the business world to the requirement to combine the economic development with the preservation of natural resources which represents a pressing concern of the modern times. In this context, the hospitality sector is facing as well an increasing pressure to pay attention to environmental issues, hotel organizations are increasingly tending to use environmentally friendly products and services, and to implement programs to man...

  19. The UK gas market in transition to competition

    International Nuclear Information System (INIS)

    Helm, D.

    1997-01-01

    Virtually every aspect of the UK gas market is currently experiencing rapid change and major uncertainties. The fast-track to full competition in 1998 requires a new customer-handling infrastructure, new rules and new marketing strategies.The introduction of competition in the UK is proving more complex than most of its architects assumed. The UK provides considerable evidence not only on market design but also the management of the transitional process. The path from a state-owned monopoly through privatisation to competition is overviewed, and some of the lessons are considered which other countries (and the European Commission) contemplating reforms may glean from the UK experience. (R.P.)

  20. The electricity market in transition: a decoding

    International Nuclear Information System (INIS)

    Mathieu, Mathilde; Schwarz, Virginie; Chapon, Antoine; Fouquet, Doerte; Joos, Marine; Jedliczka, Marc; Siess, Damien

    2015-01-01

    A set of article proposes a discussion of the main challenges for energy transition for the architecture of the European electricity market, an interview of the responsible of the energy department within the French ministry of ecology (she addresses the issues of market, electricity system, renewable energies), a discussion of the first lessons learned from the integration of renewable energies in the electricity market, a comment on hazardous evolutions for independent producers, a discussion of the pilot stage for bidding in Germany, a discussion of false ideas and true challenges in the relationship between demand management and integration, a comment on the evolution towards a complete reform of the support system for renewable energies, and a discussion of the perspectives beyond 40 per cent of renewable energies in the French electricity mix

  1. GATS Impacts on Entry Modes and Defensive Marketing Strategies in the Egyptian Banking Sector

    OpenAIRE

    Lotayif, Mansour Salman Mohamad Abdel-Maguid

    2004-01-01

    This research examines the effects of GATS agreements, both on entry modes and defensive marketing strategies in the Egyptian banking sector. The research population is the Egyptian banking sector, employing a total of 83179, from which a representative sample (equal to 800 responses) was selected. As the research aims are diversified, this sample was divided into two main groups i.e. local banks and foreign branches, investigated using different questionnaires. The latter popu...

  2. A Unidimensional Instrument for Measuring Internal Marketing Concept in the Higher Education Sector: IM-11 Scale

    Science.gov (United States)

    Yildiz, Suleyman Murat; Kara, Ali

    2017-01-01

    Purpose: Although the existing internal marketing (IM) scales include various scale items to measure employee motivation, they fall short of incorporating the needs and expectations of service sector employees. Hence, the purpose of this study is to present a practical instrument designed to measure the IM construct in the higher education sector.…

  3. Market-based process and product innovation in the food sector: A Danish research programme

    DEFF Research Database (Denmark)

    Grunert, Klaus G.; Baadsgaard, Allan

    1992-01-01

    This note informs about the Danish MAPP research programme, a collection of 15 research projects aimed at making product and process innovation in the food sector more market-based. The programme, which has an interdisciplinary base, but is geared towards marketing applications, is concerned...... with the organization of the innovation process, the interaction of consumer and producer criteria in product development, the assessment of long-term developments in the market environment and the role distribution system in product innovation. Innovation in both primary production and processing are considered....

  4. Transitions to sustainable development. On the relevance of exploiting market forces

    International Nuclear Information System (INIS)

    Glasbergen, P.

    2002-01-01

    Transition management is a new concept in Dutch environmental policy and management. Bringing about transitions in society is a classical issue in planning and policy theory. One of the main debates is on the relationship between market and plan as coordinating mechanisms in society. Based on an examination of this debate, this article argues that there is no contradiction between incremental change and structural changes in society. In terms of these incremental changes, it observes a process of sustainable development that has gone on for years. In the author's view, the key to sustainable development is to be found in private investments. Transitions in a liberal democratic society necessarily take place via the market mechanism and come about as societal learning processes. The main challenge is to develop structures in which private capital is applied to achieve long-term processes of societal change. The FairTrade market and the clean development mechanism are discussed by way of examples [nl

  5. The Evolving Contingency Contracting Market: Private Sector Self regulation and United States Government Monitoring of Procurement of Stability Operations Services

    Science.gov (United States)

    2016-01-01

    statements of work would be useful in ensuring ethical govern- ment procurement practices. Conclusions The United States conducts diplomatic, defense...THE EVOLVING CONTINGENCY CONTRACTING MARKET: PRIVATE SECTOR SELF-REGULATION AND UNITED STATES GOVERNMENT MONITORING OF PROCUREMENT OF STABILITY...MARKET: PRIVATE SECTOR SELF-REGULATION AND UNITED STATES GOVERNMENT MONITORING OF PROCUREMENT OF STABILITY OPERATIONS SERVICES Whitney Grespin January

  6. TRANSFORMATION IN BULGARIAN LABOR MARKET IN THE YEARS OF TRANSITION

    Directory of Open Access Journals (Sweden)

    Venelin Terziev

    2014-09-01

    Full Text Available The paper examines the dependency of labor market on positive and negative effects of cyclic recurrence and economic development. Probable scenarios of the dynamics in employment and unemployment in dependence of changes in gross domestic product (GDP and productivity in conditions of recession and following the start of economic revival are analyzed in accordance to the open character of Bulgarian economy and the specificity of Bulgarian model of transition predetermined by the impacts of outer influences and additional inner ones on the labor market, which verification is on the basis of the data for state-of-art of labor market in years of transition to market economy. The factor predestining the level of unemployment are investigated on the basis of input flows unemployment relating to macroeconomic and other outer measures, as well as the impact which would lead to decrease in the average duration of unemployment. The accent is on the necessity of establishment of a consecutive and sustainable strategy of economic development having a clear vision about the structuring of economy and labor demand in middle-term aspect, as founding in the flexibility of labor market and employment in the country.

  7. Multimodal approach to the international transit transport

    Directory of Open Access Journals (Sweden)

    D. Bazaras

    2003-12-01

    Full Text Available In the article not only the problems of multi-modal and inter-modal conveyances in Lithuania and the concept of transit and the transit system stimulating factors are analysed, but also the modelling of transit transport and the flows of the loads are given. The main part of the article comes to the analysis of resent situation of Lithuania. In this part the place of transport sector in the market of transit services is analysed and the transit profit for Lithuanian economy is evaluated. The conclusions and proposals are given at the end of the article.

  8. Update of Market Assessment for Capturing Water Conservation Opportunities in the Federal Sector

    Energy Technology Data Exchange (ETDEWEB)

    Mcmordie, Katherine; Solana, Amy E.; Elliott, Douglas B.; Sullivan, Gregory P.; Parker, Graham B.

    2005-09-08

    This updated market assessment for capturing water conservation opportunities in the Federal sector is based on a new analytical approach that utilizes newly available data and technologies. The new approach fine-tunes the original assessment by using actual Federal water use, which is now tracked by DOE (as compared to using estimated water use). Federal building inventory data is also used to disseminate water use by end-use technology in the Federal sector. In addition, this analysis also examines the current issues and obstacles that face performance contracting of water efficiency projects at Federal sites.

  9. Sectoral panorama: the electric power sector in Europe

    International Nuclear Information System (INIS)

    Mons, L.

    2003-10-01

    This study takes stock on the main european markets to help the electric power companies in their decisions and investments. The first part presents the electric power sector structure in Europe. The second part is devoted to the market evolution for the different european markets (german, french, british, italian and spanish) with an analysis of the retail prices, the competition and the evolution perspectives. The third part presents the highlights in the electric power sector between 2001 and the middle of 2003. The enterprises management and strategies are presented in the fourth part. In the last part the document analyzes the financial performances of the sector and the electric power companies. (A.L.B.)

  10. Financial markets regulation in the energy sector. A few financial aspects of energy transactions

    International Nuclear Information System (INIS)

    Simonetti, S.

    2007-01-01

    In addition to energy legislation, financial markets legislation and regulation (FMR) are becoming increasingly important for the energy sector. Consequently, parties on the energy market not only have to deal with the energy and competition authorities (the Dte and NMa respectively), but may also face supervision by The Netherlands Authority for the Financial Markets (AFM). Energy transactions may trigger certain prohibitions and obligations under financial and securities law, the most relevant of which are discussed in this article. Both the recent changes as a result of the Financial Markets Supervision Act ('Wet op het financieel toezicht', Wft) entering into force as per 1 January 2007 and the anticipated future amendments following the implementation of the Markets in Financial Instruments Directive (MiFID) are examined [nl

  11. Environmental consequences of electricity sector reforms

    International Nuclear Information System (INIS)

    Wohlgemuth, N.

    1999-01-01

    Worldwide, the electricity industry is in the process of undergoing fundamental transitions. The reform process typically involves one or more of the following changes: commercialisation, privatisation, unbundling/restructuring and introduction of competition. The environmental impacts of these changes pull in different directions. There is concern that restructured electricity markets may not always incorporate adequately the environmental impacts of electricity resource development and consumption decisions. However, the electricity sector reform process also offers an opportunity to promote positive environmental changes: because the sector is already in flux, it may be easier to address environmental issues. The paper gives an overview of power sector reform in six countries where reforms have already been implemented, and concludes that reform measures will have to be accompanied by competitively neutral regulations in order to stimulate investment in environmentally sound technologies, including renewable and energy efficient technologies. (author)

  12. Partnership for Market Access; towards a sustainable market-oriented horticultural sector in Tanzania : Writeshop, Arusha, March 6 and 7, 2006

    NARCIS (Netherlands)

    Verschoor, R.J.; Jager, de A.

    2006-01-01

    The Netherlands Ministries of Foreign Affairs, and Agriculture, Nature and Food quality have taken the initiative for a Partnership on Market Access in the export horticulture sector between Tanzania and The Netherlands. The main objective of this partnership is to improve the access of

  13. Papers of the CAMPUT 2003 educational conference : Markets in Transition : The changing face of regulation

    International Nuclear Information System (INIS)

    2003-01-01

    The North American energy landscape is evolving: markets are in transition and regulatory roles are shifting. Regulators, government policy makers, and industry representatives exchanged information concerning the changes facing regulatory agencies, industry and energy users. The eleven sessions of the conference were entitled: (1) the future of the regulator in a continental energy market, (2) gas markets in transition, (3) electricity markets in transition (including Regional Transmission Organization/Standard Market Design issues), (4) are open access markets the answer? (5) the changing face of regulation, what's up? (6) energy policy updates in British Columbia and Atlantic Canada, (7) Ontario electricity update and deregulation one year later, (8) northern issues, (9) intervener funding, (10) affiliate transactions, regulatory and business issues, and (11) cost of capital update. The conference featured 43 presentations, of which two were indexed separately for inclusion in the database

  14. Energy sector during 1993 and 1994

    International Nuclear Information System (INIS)

    Schervashidze, N.

    1993-01-01

    The author emphasises the most important problem facing Bulgarian energy sector during the transition period to market economy - pricing reform. He discusses the way of forming the price based on 'long-term marginal expenditures' (LTME) for delivering the services. LTME include 'short-term marginal expenditures'(STME), (operational expenditures, energy cost) and additional investments for modernization of existing units. The first step of the pricing reform should be an increase of the prices at least up to the level of STME. Eventually the pricing reform must change the tariff structure responsible for stimulation of energy savings and market principles adapted for domestic realities. An attempt to connect the monopolist economic theory at market conditions with particular price corrections proposed by the Committee of Energetics for 1994 is made. 9 figs. (author)

  15. Analysis of the Banking Sector Performance in Bosnia and Herzegovina, Montenegro and Serbia Before and After the Global Financial Crisis

    Directory of Open Access Journals (Sweden)

    Bošnjak Antonija

    2017-12-01

    Full Text Available The focus of this study is the banking sector of the three neighbouring countries Bosnia and Herzegovina; Montenegro; and Serbia. These are former communist countries which have been going through the transition from centrally-planned economies to open market economies over the past 25 years. During the transition process, structural reforms were conducted to transform the banking sector into a sector suitable for open market economy. These reforms are considered to be the most successful ones in the region. Before the Global Financial Crisis of 2008-09, the economies of the three selected countries were experiencing credit booms. The aim of this research was to examine how the banking sector is performing on an aggregated level years after the crisis and whether the performance is better or worse compared to the pre-crisis period. The findings show that the banking sector was performing better before the crisis in all three countries. After the crisis, the three countries experienced prolonged slow credit growth and had higher nonperforming loans.

  16. Challenges constraining access to insulin in the private-sector market of Delhi, India.

    Science.gov (United States)

    Sharma, Abhishek; Kaplan, Warren A

    2016-01-01

    India's majority of patients-including those living with diabetes-seek healthcare in the private sector through out-of-pocket (OOP) payments. We studied access to insulin in the private-sector market of Delhi state, India. A modified World Health Organization/Health Action International (WHO/HAI) standard survey to assess insulin availability and prices, and qualitative interviews with insulin retailers (pharmacists) and wholesalers to understand insulin market dynamics. In 40 pharmacy outlets analysed, mean availability of the human and analogue insulins on the 2013 Delhi essential medicine list was 44.4% and 13.1%, respectively. 82% of pharmacies had domestically manufactured human insulin phials, primarily was made in India under licence to overseas pharmaceutical companies. Analogue insulin was only in cartridge and pen forms that were 4.42 and 5.81 times, respectively, the price of human insulin phials. Domestically manufactured human phial and cartridge insulin (produced for foreign and Indian companies) was less expensive than their imported counterparts. The lowest paid unskilled government worker in Delhi would work about 1.5 and 8.6 days, respectively, to be able to pay OOP for a monthly supply of human phial and analogue cartridge insulin. Interviews suggest that the Delhi insulin market is dominated by a few multinational companies that import and/or license in-country production. Several factors influence insulin uptake by patients, including doctor's prescribing preference. Wholesalers have negative perceptions about domestic insulin manufacturing. The Delhi insulin market is an oligopoly with limited market competition. Increasing competition from Indian companies is going to require some additional policies, not presently in place. As more Indian companies produce biosimilars, brand substitution policies are needed to be able to benefit from market competition.

  17. Challenges constraining access to insulin in the private-sector market of Delhi, India

    Science.gov (United States)

    Kaplan, Warren A

    2016-01-01

    Objective India's majority of patients—including those living with diabetes—seek healthcare in the private sector through out-of-pocket (OOP) payments. We studied access to insulin in the private-sector market of Delhi state, India. Methods A modified World Health Organization/Health Action International (WHO/HAI) standard survey to assess insulin availability and prices, and qualitative interviews with insulin retailers (pharmacists) and wholesalers to understand insulin market dynamics. Results In 40 pharmacy outlets analysed, mean availability of the human and analogue insulins on the 2013 Delhi essential medicine list was 44.4% and 13.1%, respectively. 82% of pharmacies had domestically manufactured human insulin phials, primarily was made in India under licence to overseas pharmaceutical companies. Analogue insulin was only in cartridge and pen forms that were 4.42 and 5.81 times, respectively, the price of human insulin phials. Domestically manufactured human phial and cartridge insulin (produced for foreign and Indian companies) was less expensive than their imported counterparts. The lowest paid unskilled government worker in Delhi would work about 1.5 and 8.6 days, respectively, to be able to pay OOP for a monthly supply of human phial and analogue cartridge insulin. Interviews suggest that the Delhi insulin market is dominated by a few multinational companies that import and/or license in-country production. Several factors influence insulin uptake by patients, including doctor's prescribing preference. Wholesalers have negative perceptions about domestic insulin manufacturing. Conclusions The Delhi insulin market is an oligopoly with limited market competition. Increasing competition from Indian companies is going to require some additional policies, not presently in place. As more Indian companies produce biosimilars, brand substitution policies are needed to be able to benefit from market competition. PMID:28588966

  18. Cumulative causation, market transition, and emigration from China.

    Science.gov (United States)

    Liang, Zai; Chunyu, Miao David; Zhuang, Guotu; Ye, Wenzhen

    2008-11-01

    This article reports findings from a recent survey of international migration from China's Fujian Province to the United States. Using the ethnosurvey approach developed in the Mexican Migration Project, the authors conducted surveys in migrant-sending communities in China as well as in destination communities in New York City. Hypotheses are derived from the international migration literature and the market transition debate. The results are generally consistent with hypotheses derived from cumulative causation of migration; however, geographical location creates some differences in migration patterns to the United States. In China as in Mexico, the existence of migration networks increases the propensity of migration for others in the community. In contrast to the Mexican case, among Chinese immigrants, having a previously migrated household member increases the propensity of other household members to migrate only after the debt for previous migration is paid off. In step with market transition theory, the authors also find that political power influences the migration experience from the coastal Fujian Province.

  19. Learning to Adapt: Does Returning to Education Improve Labour Market Outcomes?

    Science.gov (United States)

    Chesters, Jenny

    2014-01-01

    The transition into a post-industrial economy changed the nature of the Australian labour market extinguishing jobs in traditional industries and creating jobs in new industries. Workers displaced from the manufacturing sector and women seeking to re-enter the labour market after taking time out for family reasons need to retrain in order to…

  20. Impact Of The Ban On Uncovered SCDS Trade On the Interdependencies Between The CDS Market And Other Sectors Of Financial Markets. The Case Of Safe And Developed Versus Risky And Developing European Markets

    OpenAIRE

    Kliber, Agata

    2016-01-01

    The aim of the article is to verify the impact of the ban on uncovered sCDS trade in Europe on the interdependencies between the sCDS market and other sectors of financial markets. We analyse two European markets: the safe and developed Swedish market, and the risky and developing Hungarian one. The study covers the period from October 2008 to October 2013. We analyse changes in the interdependencies between the sCDS market and the bond market, as well as between the sCDS market and the stock...

  1. Tertiary Student Transitions: Sectors, Fields, Impacts of and Reasons for Study--Support Document

    Science.gov (United States)

    Fredman, Nick

    2012-01-01

    This paper examines the relationships between post-school educational fields and sectors and labour market considerations that appear to shape students' study decisions. It was found that pathways taken vary considerably by age, suggesting changes over time to patterns in tertiary education towards greater participation overall, a greater extent…

  2. Market-based biogas sector development in least developed countries —The case of Cambodia

    International Nuclear Information System (INIS)

    Buysman, Eric; Mol, Arthur P.J.

    2013-01-01

    In many of the least developed countries the energy security conundrum is how to provide affordable, safe and clean energy to a low income rural population. Household level generation of biogas from animal waste for both cooking and lighting, while producing high quality organic fertiliser, is increasingly proposed as a viable part of the solution for farming households. Since the early 1990s international development organisations – often in cooperation with the national government – have attempted to introduce biogas technologies in many least developed countries, but most initiatives failed. In this landscape of failed biogas development programmes the National Biodigester Programme (NBP) Cambodia started in 2006, with the aim to establish a permanent market oriented and self-financed biogas sector. The results show the development of a sustainable domestic biodigester sector, a rapid diffusion of biodigesters among poor rural households, but still ambivalences on financial independency from external funding and carbon finance. The conclusion is that a pure market model for biogas development in the rural area of the least developed countries will not easily work. Governmental regulation and coordination will remain needed, and carbon finance will not easily fully replace ODA and governmental financial support. - Highlights: • The National Biodigester Programme has successfully introduced domestic biogas in Cambodia. • The development of a market based biogas sector is crucial in ensuring a healthy and continuous development after donor funding. • Domestic biogas is of crucial importance to meet rural Cambodia’s energy challenges and to boost the rural economy by providing employment opportunities. • Domestic biogas helps Cambodia to reduce deforestation and to shift to climate-smart agriculture. • Financing of a market-based biogas model remain problematic in the near future

  3. Modeling future U.S. forest sector market and trade impacts of expansion in wood energy consumption

    Science.gov (United States)

    Peter J. Ince; Andrew D. Kramp; Kenneth E. Skog; Do-il Yoo; V. Alaric Sample

    2011-01-01

    This paper describes an approach to modeling U.S. forest sector market and trade impacts of expansion in domestic wood energy consumption under hypothetical future U.S. wood biomass energy policy scenarios. The U.S. Forest Products Module (USFPM) was created to enhance the modeling of the U.S. forest sector within the Global Forest Products Model (GFPM), providing a...

  4. Papers of the CAMPUT 2003 educational conference : Markets in Transition : The changing face of regulation

    International Nuclear Information System (INIS)

    2003-01-01

    The North American energy landscape is evolving: markets are in transition and regulatory roles are shifting. Regulators, government policy makers, and industry representatives exchanged information concerning the changes facing regulatory agencies, industry and energy users. The eleven sessions of the conference were entitled: (1) the future of the regulator in a continental energy market, (2) gas markets in transition, (3) electricity markets in transition (including Regional Transmission Organization/Standard Market Design issues), (4) are open access markets the answer? (5) the changing face of regulation, what's up? (6) energy policy updates in British Columbia and Atlantic Canada, (7) Ontario electricity update and deregulation one year later, (8) northern issues, (9) intervener funding, (10) affiliate transactions, regulatory and business issues, and (11) cost of capital update. The conference featured 43 presentations, of which two were indexed separately for inclusion in the database. refs., tabs., figs

  5. Transit Marketing : Review of the State-of-the-Art and a Handbook of Current Practice

    Science.gov (United States)

    1985-04-01

    Over the past decade, marketing has been given increased emphasis as a way to improve both transit rideship and productivity. While there is near universal agreement among transit managers that some level of marketing is necessary, there is far from ...

  6. Prospects of Turkish Organic Food Sector: Some Suggestions Improving the Market

    Directory of Open Access Journals (Sweden)

    Sinan NARDALI

    2011-03-01

    Full Text Available Organic farming is based on minimal use of off-farm inputs and on management practices that restore, maintain or enhance ecological harmony. Worldwide, the demand for organic products appears to have expanded quickly in the past decade, stimulated by consumer perceptions that organic products are safe and healthy. Organic production in Turkey is almost entirely dependent on exports. Organic sector in Turkey is the relatively slow development of domestic demand. In this regard, the aim of this article is to give the readers an idea about the present situation of organic agriculture in Turkey. The topic summarizes the organic agriculture activity both in production and marketing aspects. Therefore, some recommendations are made to improve the organic market in Turkey.

  7. Learning for career and labour market transitions

    DEFF Research Database (Denmark)

    Cort, Pia; Thomsen, Rie; Juul, Ida

    Presentation of the results of 21 narrative interviews with people in middle range positions in the Danish labour market focusing on learning and support during transitions. The narratives presented bring forth many paradoxes in the Danish model and education and training system. There seems...... to be a long way to a genuine LLL system which provides access to education and training to all from cradle to grave....

  8. Marketing Integration for the Implementation of Territorial and Sectoral Approach to the Management of Electricity Development

    OpenAIRE

    Ivan A. Unshchikov; Rashida T. Unshchikova

    2017-01-01

    This article contains a proposal for a new approach to management of development of electric power in the multi-level governance system. To improve the effectiveness of the multi-level governance is offered by the wide use of marketing. Tools of investment marketing can be used to match demand and supply, using all levels of management. To do this, the subjects at every level of government carried out an identical procedure horizontal integration of sectoral and territorial marketing. Isolate...

  9. Cambodian higher education in transition : an institutional governance perspective

    NARCIS (Netherlands)

    Sam, Chanphirun

    2017-01-01

    Purpose: The paper aims to ascertain the governance arrangements of higher education providers in Cambodia and to seek insights into institutional governance while its higher education sector is in a significant transition towards the market model. Design/methodology/approach: The empirical research

  10. Market power behaviour in the danish food marketing chain

    DEFF Research Database (Denmark)

    Jensen, Jørgen Dejgård

    2009-01-01

    The paper presents and demonstrates an econometric approach to analysing food industry firms' market pricing behaviour within the framework of translog cost functions and based on firm-level accounts panel data. The study identifies effects that can be interpreted as firms' market power behaviour...... in output or input markets. The most robust indications of market power behaviour in output markets are found in the pork and poultry processing sectors, as well as for firms in the bakeries sector. On the other hand, the most robust market power behaviour indications regarding input markets are found...... for poultry processing. In general, the patterns with regard to market power behaviour seem to be more clearly identified in the processing sectors than in the distribution sectors....

  11. Career trajectories of nurses leaving the hospital sector in Ontario, Canada (1993-2004).

    Science.gov (United States)

    Alameddine, Mohamad; Baumann, Andrea; Laporte, Audrey; O'Brien-Pallas, Linda; Levinton, Carey; Onate, Kanecy; Deber, Raisa

    2009-05-01

    This paper is a report of an analysis of the career trajectories of nurses 1 year after leaving hospitals. Although hospitals are traditionally the largest employers of nurses, technological advances and budgetary constraints have resulted in many countries in relative shrinkage of the hospital sector and a shift of care (and jobs) into home/community settings. It has been often assumed that nurses displaced from hospitals will move to work in the other workplaces, especially the community sector. Employment patterns were tracked by examining a longitudinal database of all 201,463 nurses registered with the College of Nurses Ontario (Canada) between 1993 and 2004. Focusing on the employment categories Active (Working in nursing), Eligible-Seeking nursing employment or Dropout from the nursing labour market, year-to-year transition matrixes were generated by sector and sub-sector of employment, nurse type, age group and work status. For every nurse practising nursing in any non-hospital job or in the community a year after leaving hospitals, an average of 1.3 and four nurses, respectively, dropped out of Ontario's labour market. The proportion of nurses leaving hospitals transitioning to the Dropout category ranged from 63.3% (1994-95) to 38.6% (2001-02). The proportion dropping out of Ontario's market was higher for Registered Practical Nurses (compared to Registered Nurses), increased with age and decreased with degree of casualization in nurses' jobs. Downsizing hospitals without attention to the potentially negative impact on the nursing workforce can lead to retention difficulties and adversely affects the overall supply of nurses.

  12. Potential market-size for renewables in the residential sector of Pakistan

    International Nuclear Information System (INIS)

    Athar, G.R; Imtiaz, M.

    2005-01-01

    electricity, by the year 2024-25, which can be supplied through renewables, depending upon resource endowment of the area. Theoretically, all the thermal energy-needs of residential sector for cooking, water heating and space heating can be met by renewables. However, natural gas, followed by LPG and kerosene, according to availability of fuels and afford ability by consumers, are preferred fuels for thermal uses. These commercial fuels can meet only 11 MTOE of thermal energy-requirements for cooking, water heating and space heating. The resultant shortfall of about 25 MTOE, by year 2024-25, will be a potential market for renewable-energy sources in addition to the renewable-electricity market of 3 to 5 Twh. (author)

  13. Commercial Opportunities and Market Demand for Nanotechnologies in Agribusiness Sector

    Directory of Open Access Journals (Sweden)

    Vincent Sabourin

    2015-04-01

    Full Text Available Agribusiness is projected to be a $ 2.9 trillion USD industry in global investment by 2030 (World Bank 2013. Nanotechnology is poised to impact dramatically on all sectors of agribusiness industry in the next 10 years. Nanotechnology could be used to enhance the possibilities of developing conventional and stranded agribusiness resources. Nanotechnology can make the industry considerably greener and competitive, with its current growth rate of 25% (US$ 1.08billion annually. The opportunity for application of nanotechnology in agricul¬ture is prodigious. Nanotechnology, focusing on special properties of materials emerging from nanometric size has the potential to revolutionize the agricultural and food sectors, biomedicine, environmental engineering, safety and security, water resources, energy conversion, and numerous other areas. It is well recognized that adoption of new technology is crucial in accu-mulation of global wealth and market value which now stand at US$ 1.09 trillion in estimated value. Nanotechnology has emerged as a technological advancement that could develop and transform the entire agri-food sector, with the potential to increase agricultural productivity, food security and economic growth for industries by atleast 30% (Aver. US$0.9 trillion. This review set out to address the implications of nanotechnology for the agri-food industry by examining the potential benefits, risks and opportunities.

  14. Banking sector globalization and bank performance: A comparative analysis of low income countries with emerging markets and advanced economies

    Directory of Open Access Journals (Sweden)

    Amit Ghosh

    2016-06-01

    Full Text Available A key feature of financial services liberalization is the increasing presence of foreign banks in a nation. This study examines the impact of banking sector globalization on bank profits and cost efficiency by using a panel of 169 nations spanning 1998–2013. Employing both fixed-effects and GMM estimations, and including banking-industry and macroeconomic controls, I find greater banking-sector globalization to reduce both profits and cost inefficiency, thereby reflecting increased competitiveness and informational asymmetries in host markets, as well as assimilation of better technology, managerial practices by domestic banks. The results are further examined for nations across different levels of economic development and with different degrees of foreign bank presence. Only in emerging markets and in nations with more than 50% foreign banks, greater banking sector globalization positively affects profits. From a policy perspective, the findings call for banking regulatory authorities to implement polices to reduce informational asymmetries in host markets.

  15. IMPACT OF RELATIONSHIP MARKETING ON CUSTOMER LOYALTY IN THE BANKING SECTOR

    OpenAIRE

    Mukhiddin Jumaev; Prof. Dr. Dileep Kumar. M.; Jalal R. M. Hanaysha

    2012-01-01

    The purpose of this study is to discuss the impact of customer loyalty in banking sector. The customer loyalty in banking has seen a major concern to practitioners due to severe competition and higher customer expectations. Further to that, one way to enhance customer loyalty in banking is by focusing on offering excellent services and meeting the needs of customer. Banks need to have a good understanding of their customer behaviour so that appropriate marketing strategies directed towards re...

  16. Sector-Based Analysis of the Education-Occupation Mismatch in the Turkish Labor Market

    Science.gov (United States)

    Mercan, Murat Anil; Karakas, Mesut; Citci, Sadettin Haluk; Babacan, Mehmet

    2015-01-01

    The aim of this study was to investigate the existence of sectorial undereducation and overeducation problems in the Turkish labor market. In order to cope with this issue, the 2009 Household Labor Force Survey (TurkStat), which covers 145,934 individuals within 27 sectors, was utilized. An objective measure of education-occupation mismatch based…

  17. Redes sociales: herramienta de marketing internacional en el sector hotelero

    Directory of Open Access Journals (Sweden)

    Ana María Miranda Zavala

    2016-01-01

    Full Text Available El presente artículo tiene como objetivo identificar las estrategias de marketing internacional en redes sociales que realizan los hoteles de cuatro y cinco estrellas de la ciudad de Tijuana, Baja California, México. Así mismo, la revisión de las características y contenidos de las redes sociales de este sector, reconociendo la importancia en el marketing internacional como medio de comunicación con los huéspedes. De este modo, se propone caracterizar los atributos que consideran esenciales los huéspedes de los hoteles y que hacen que el visitante incremente su confianza en la utilización de dichos medios. La investigación ha contemplado un análisis cualitativo de las redes sociales de 16 hoteles registrados en la Secretaría de Turismo (SECTUR y la Asociación de Hoteles del Noroeste (ASHONO para identificar la manera en que llevan a cabo su estrategia de marketing a través de esos medios. Asimismo, se aplicaron encuestas a 267 huéspedes de los hoteles con la finalidad de identificar los atributos que consideran importantes que aparezcan en la red social del hotel, que habrían de incrementar la eficiencia de los resultados de la estrategia de marketing con redes sociales.

  18. STIMULATING THE ATTRACTION OF INVESTMENTS IN THE PROCESSING SECTOR – A NECESSITY IN THE CONTEXT OF EUROPEAN MILK MARKET LIBERALIZATION

    Directory of Open Access Journals (Sweden)

    Mariana GRODEA

    2014-12-01

    Full Text Available A main challenge for the players on the world dairy market is to efficiently respond to the changes of the local markets characteristics, in the context of an increasingly fierce competition for the raw milk obtained on the farms. From the analysis, it results that the performance of the Romanian milk sector is seriously affected by the excessive fragmentation of supply, which reveals the subsistence and semi-subsistence phenomenon that persists in the milk sector, as the main factor that constrains competitiveness growth. In reference to the volume of investments in the dairy processing sector, it results that this had a slow growth rate in the investigated period, the share in total investments in the food sector ranging from 7.8% (2000 to 16.9% (2011. The investments in agriculture in total investments accounted for 4.9% in the year 2012. In order to adapt to the competition on the European Single Market, the Romanian sector has to receive support through investments, in the conditions in which there is a favourable global conjuncture for the consumption of dairy products, in which their prices are expected to raise on the basis of the increasing demand of the development regions.

  19. Public sector energy management: A strategy for catalyzing energy efficiency in Malaysia

    Science.gov (United States)

    Roy, Anish Kumar

    To date the public sector role in facilitating the transition to a sustainable energy future has been envisaged mainly from a regulatory perspective. In such a role, the public sector provides the push factors---enforcing regulations and providing incentives---to correct market imperfections that impede energy transitions. An alternative and complementary role of the public sector that is now gaining increasing attention is that of catalyzing energy transitions through public sector energy management initiatives. This dissertation offers a conceptual framework to rationalize such a role for the public sector by combining recent theories of sustainable energy transition and public management. In particular, the framework identifies innovative public management strategies (such as performance contracting and procurement) for effectively implementing sustainable energy projects in government facilities. The dissertation evaluates a model of sustainable public sector energy management for promoting energy efficiency in Malaysia. The public sector in Malaysia can be a major player in leading and catalyzing energy efficiency efforts as it is not only the largest and one of the most influential energy consumers, but it also plays a central role in setting national development strategy. The dissertation makes several recommendations on how a public sector energy management strategy can be implemented in Malaysia. The US Federal Energy Management Program (FEMP) is used as a practical model. The analysis, however, shows that in applying the FEMP model to the Malaysian context, there are a number of limitations that will have to be taken into consideration to enable a public sector energy management strategy to be effectively implemented. Overall the analysis of this dissertation contributes to a rethinking of the public sector role in sustainable energy development that can strengthen the sector's credibility both in terms of governance and institutional performance. In

  20. Multivariate market risk evaluation between Malaysian Islamic stock index and sectoral indices

    Directory of Open Access Journals (Sweden)

    Sew Lai Ng

    2017-03-01

    Full Text Available Without an efficient financial risk management, it may cause massive consequences to a financial institution as well as individual. Therefore, developing a methodology which gives precise estimates to reduce the exposure of risk to a minimum is of great importance. This paper uses an asymmetric BEKK-GARCH model to examine the return and volatility linkages between the FTSE Bursa Malaysia Emas Shariah (FBMS index and the sectoral indices under a normal market. The findings suggest that the FBMS plays a leading role in the mean return spillover effect. There is a strong evidence of significant transmission of past shocks, volatilities and leverage effects are observed on the current conditional variance-covariance in all the pair-wise models. These empirical results are helpful in quantifying the cross-market risk evaluation, risk minimizing weight and cross-market hedge ratio for strategizing appropriate portfolio selection.

  1. Policy options when giving negative externalities market value. Clean energy policymaking and restructuring the Western Australian energy sector

    International Nuclear Information System (INIS)

    McHenry, Mark

    2009-01-01

    Uncertainty surrounds the choice of instruments that internalise fossil-fuel pollution at the local, regional and global level. This work outlines the considerable growth in the Western Australian (WA) energy sector and explores the available options and potential hazards of using specific instruments to internalise externalities. These core options are discussed with respect to liberalising energy markets, providing private investment certainty, and imparting commentary on the developments and consequences of reform in the WA context. As a large energy exporter, providing certainty for the WA energy sector investment and the community is necessary to maintain the current prosperity. Remarkably, in the decades of market reform progress, the absence of one essential element is evident: economic externalities. Policymakers are under increasing pressure to understand economic reform, new energy markets and the multifaceted repercussions they entail. With modern energy reform sitting squarely within the milieu of more efficient governments and climate policy, there are clear economic advantages to internalising negative and positive externalities and other market distortions during energy market developments. Ignoring market failures when commercialising government-owned energy utilities in de-regulated and competitive markets invites continued ad-hoc government interference that generates investment uncertainty in addition to a perplexed electorate. (author)

  2. North American Oriented Strand Board Markets, Arbitrage Activity, and Market Price Dynamics: A Smooth Transition Approach

    OpenAIRE

    Goodwin, Barry K.; Holt, Matthew T.; Prestemon, Jeffery P.

    2008-01-01

    Price dynamics for North American oriented strand board (OSB) markets are examined. The role of transactions costs are explored vis-a-vis the law of one price. Weekly data, February 3rd, 1995 through October 9th, 2009, are used in the analysis. Nonlinearities induced by unobservable transactions costs are modeled by estimating Time-Varying Smooth Transition Autoregressions (TV-STARs). Results indicate that nonlinearity and structural change are important features of these markets; price...

  3. Employee motivation and employee performance in child care : the effects of the introduction of market forces on employees in the Dutch child-care sector

    NARCIS (Netherlands)

    Plantinga, Mirjam

    2006-01-01

    Employee Motivation and Employee Performance in Child Care: The Effects of the Introduction of Market Focus on Employees in the Dutch Child-Care Sector Mirjam Plantinga (RUG) This research describes and explains the effects of the introduction of market forces in the Dutch child-care sector on

  4. Partial information, market efficiency, and anomalous continuous phase transition

    International Nuclear Information System (INIS)

    Yang, Guang; Zheng, Wenzhi; Huang, Jiping

    2014-01-01

    It is a common belief in economics and social science that if there is more information available for agents to gather in a human system, the system can become more efficient. The belief can be easily understood according to the well-known efficient market hypothesis. In this work, we attempt to challenge this belief by investigating a complex adaptive system, which is modeled by a market-directed resource-allocation game with a directed random network. We conduct a series of controlled human experiments in the laboratory to show the reliability of the model design. As a result, we find that even under a small information concentration, the system can still almost reach the optimal (balanced) state. Furthermore, the ensemble average of the system’s fluctuation level goes through a continuous phase transition. This behavior means that in the second phase if too much information is shared among agents, the system’s stability will be harmed instead, which differs from the belief mentioned above. Also, at the transition point, the ensemble fluctuations of the fluctuation level remain at a low value. This phenomenon is in contrast to the textbook knowledge about continuous phase transitions in traditional physical systems, namely, fluctuations will rise abnormally around a transition point since the correlation length becomes infinite. Thus, this work is of potential value to a variety of fields, such as physics, economics, complexity science, and artificial intelligence. (paper)

  5. Partial information, market efficiency, and anomalous continuous phase transition

    Science.gov (United States)

    Yang, Guang; Zheng, Wenzhi; Huang, Jiping

    2014-04-01

    It is a common belief in economics and social science that if there is more information available for agents to gather in a human system, the system can become more efficient. The belief can be easily understood according to the well-known efficient market hypothesis. In this work, we attempt to challenge this belief by investigating a complex adaptive system, which is modeled by a market-directed resource-allocation game with a directed random network. We conduct a series of controlled human experiments in the laboratory to show the reliability of the model design. As a result, we find that even under a small information concentration, the system can still almost reach the optimal (balanced) state. Furthermore, the ensemble average of the system’s fluctuation level goes through a continuous phase transition. This behavior means that in the second phase if too much information is shared among agents, the system’s stability will be harmed instead, which differs from the belief mentioned above. Also, at the transition point, the ensemble fluctuations of the fluctuation level remain at a low value. This phenomenon is in contrast to the textbook knowledge about continuous phase transitions in traditional physical systems, namely, fluctuations will rise abnormally around a transition point since the correlation length becomes infinite. Thus, this work is of potential value to a variety of fields, such as physics, economics, complexity science, and artificial intelligence.

  6. Croatian Telecommunication Market: Concentration Trends in the Period from 2003 to 2008

    Directory of Open Access Journals (Sweden)

    Mirjana Pejić Bach

    2013-01-01

    Full Text Available Telecommunication markets are a valuable factor that contributes to the economic growth and development. The development of the telecommunication markets and services was slower in the countries in transition than in developed European countries, altough after the fall of communism countries in transition implemented a big progress in spreading and modernizing of their telecommunication network.The paper analysis the level of concentration of telecommunication industry in Croatia from 2003 to 2008. The data used in the analysis consider 50 Croatian largest IT firms that are operating on telecommunication market and specific telecommunication sectors: producers of telecommunication equipment, distributers of telecommunication services and implementers of telecommunication solutions. The main two conclusions of this article are: (1 degree of concentration on the telecommunication market in Croatia changed differently in different market shares, (2 degree of concentration on the telecommunication market in Croatia is influenced by different barriers to enter the market.The analysis finds that Croatian telecommunication industry is in a good position even a few steps ahead of some other transition countries.

  7. Higher-order phase transitions on financial markets

    Science.gov (United States)

    Kasprzak, A.; Kutner, R.; Perelló, J.; Masoliver, J.

    2010-08-01

    Statistical and thermodynamic properties of the anomalous multifractal structure of random interevent (or intertransaction) times were thoroughly studied by using the extended continuous-time random walk (CTRW) formalism of Montroll, Weiss, Scher, and Lax. Although this formalism is quite general (and can be applied to any interhuman communication with nontrivial priority), we consider it in the context of a financial market where heterogeneous agent activities can occur within a wide spectrum of time scales. As the main general consequence, we found (by additionally using the Saddle-Point Approximation) the scaling or power-dependent form of the partition function, Z(q'). It diverges for any negative scaling powers q' (which justifies the name anomalous) while for positive ones it shows the scaling with the general exponent τ(q'). This exponent is the nonanalytic (singular) or noninteger power of q', which is one of the pilar of higher-order phase transitions. In definition of the partition function we used the pausing-time distribution (PTD) as the central one, which takes the form of convolution (or superstatistics used, e.g. for describing turbulence as well as the financial market). Its integral kernel is given by the stretched exponential distribution (often used in disordered systems). This kernel extends both the exponential distribution assumed in the original version of the CTRW formalism (for description of the transient photocurrent measured in amorphous glassy material) as well as the Gaussian one sometimes used in this context (e.g. for diffusion of hydrogen in amorphous metals or for aging effects in glasses). Our most important finding is the third- and higher-order phase transitions, which can be roughly interpreted as transitions between the phase where high frequency trading is most visible and the phase defined by low frequency trading. The specific order of the phase transition directly depends upon the shape exponent α defining the stretched

  8. Economic analysis of the expected environmental impact of the Single European Market through the transport, waste and energy sectors

    International Nuclear Information System (INIS)

    Brutscher, S.

    1993-01-01

    Similarly to other studies the present dissertation presupposes that the Single European Market will lead to an increase in transport waste quantities, and energy consumption and consequently to greater environmental pollution. Of central importance here is the concept of ''expletive costs'' introduced in this paper which describes that damage to the natural and human environment which is not compensated. It forms out that the sectors of transport, waste, and energy alone will most probably send the expletive costs of the Single European Market into astronomic dimensions. In view of the interdependencies of these three sectors it seems doubtful whether the economic benefit to be expected from the establishment of the Single European Market can justify the additional environmental damage thus caused. (HP) [de

  9. Applying a Total Market Lens: Increased IUD Service Delivery Through Complementary Public- and Private-Sector Interventions in 4 Countries.

    Science.gov (United States)

    White, Julia N; Corker, Jamaica

    2016-08-11

    Increasing access to the intrauterine device (IUD), as part of a comprehensive method mix, is a key strategy for reducing unintended pregnancy and maternal mortality in low-income countries. To expand access to IUDs within the framework of informed choice, Population Services International (PSI) has historically supported increased IUD service delivery through private providers. In applying a total market lens to better understand the family planning market and address major market gaps, PSI identified a lack of high-quality public provision of IUDs. In 2013, PSI started a pilot in 4 countries (Guatemala, Laos, Mali, and Uganda) to grow public-provider IUD service delivery through increased public-sector engagement while maintaining its ongoing focus on private providers. In collaboration with country governments, PSI affiliates carried out family planning market analyses in the 4 pilot countries to identify gaps in IUD service delivery and create sustainable strategies for scaling up IUD services in the public sector. Country-specific interventions to increase service delivery were implemented across all levels of the public health system, including targeted advocacy at the national level to promote government ownership and program sustainability. Mechanisms to ensure government ownership were built into the program design, including a proof-of-concept approach to convince governments of the feasibility and value of taking over and scaling up interventions. In the first 2 years of the pilot (2013-2014), 102,055 IUD services were provided to women at 417 targeted public-sector facilities. These preliminary results suggest that there is untapped demand for IUD service delivery in the public sector that can be met in part through greater participation of the public sector in family planning and IUD provision. © White et al.

  10. Applying a Total Market Lens: Increased IUD Service Delivery Through Complementary Public- and Private-Sector Interventions in 4 Countries

    Science.gov (United States)

    White, Julia N; Corker, Jamaica

    2016-01-01

    ABSTRACT Increasing access to the intrauterine device (IUD), as part of a comprehensive method mix, is a key strategy for reducing unintended pregnancy and maternal mortality in low-income countries. To expand access to IUDs within the framework of informed choice, Population Services International (PSI) has historically supported increased IUD service delivery through private providers. In applying a total market lens to better understand the family planning market and address major market gaps, PSI identified a lack of high-quality public provision of IUDs. In 2013, PSI started a pilot in 4 countries (Guatemala, Laos, Mali, and Uganda) to grow public-provider IUD service delivery through increased public-sector engagement while maintaining its ongoing focus on private providers. In collaboration with country governments, PSI affiliates carried out family planning market analyses in the 4 pilot countries to identify gaps in IUD service delivery and create sustainable strategies for scaling up IUD services in the public sector. Country-specific interventions to increase service delivery were implemented across all levels of the public health system, including targeted advocacy at the national level to promote government ownership and program sustainability. Mechanisms to ensure government ownership were built into the program design, including a proof-of-concept approach to convince governments of the feasibility and value of taking over and scaling up interventions. In the first 2 years of the pilot (2013–2014), 102,055 IUD services were provided to women at 417 targeted public-sector facilities. These preliminary results suggest that there is untapped demand for IUD service delivery in the public sector that can be met in part through greater participation of the public sector in family planning and IUD provision. PMID:27540122

  11. Nuclear energy - A label for the financial sector: 'Energy transition and climate'

    International Nuclear Information System (INIS)

    Faudon, Valerie; Jouette, Isabelle; Le Ngoc, Boris

    2015-01-01

    This publication states the opinion of the SFEN (the French Society of Nuclear Energy) about the project proposed by the French Ministry of Ecology for the creation of a label named 'Energy transition and climate' for the financial sector. Such a label aims at mobilising a part of savings for the benefit of energy and ecology transition, and at bringing the French ecological expertise at the European level. In this document, the SFEN expresses its surprise that labels will not be awarded to activities related to the nuclear sector whereas, as it is herein commented and outlined, nuclear energy is a low-carbon energy, and meets environmental and social requirements associated with the label (preservation of air quality, optimisation of the water resource by nuclear plants, strict regulation and controls of releases made by nuclear installations, management of the uranium resource, measures of protection of biodiversity about nuclear sites, exemplary governance and dialogue on environmental and social issues with the public)

  12. Impact of Market Reforms on the Agricultural Sector Development and Food Self-Sufficiency in the Northern Region

    Directory of Open Access Journals (Sweden)

    Valentin Aleksandrovich Ivanov

    2016-03-01

    Full Text Available The successful development of Northern and Arctic areas depends on sustainable functioning of the agricultural sector. Agriculture and fishing agriculture is a way of life of the indigenous population. The article discusses the state of agriculture and food self-sufficiency in the Komi Republic in the years of relatively stable development (1960–1980 and in the conditions of market reforms. It analyzes production and consumption of food and shows a positive effect of modernization processes on the agricultural sector in the pre-reform period. It studies market transformation of the agrarian economy, accompanied in the 1990s by the sharp decline in agricultural production, degradation of productive capacity, rural demography, rural infrastructure, decrease in living standard of farmers, and disparity of prices on agricultural and industrial products. The paper discloses trends in food self-sufficiency of the northern region in 1980–2013 and reveals reasons for the decrease in its level in the period of market reforms. It considers possible scenarios to develop the agrarian sector and food self-sufficiency. To predict the agriculture development the author identifies strong and weak sides, opportunities and threats by means of SWOT-analysis. The article proposes 3 scenarios: inertial (pessimistic, baseline and optimistic. It finds out the most reasonable optimistic development scenario based on innovative modernization for the Komi Republic. The study results can be used to adjust the current State program of agricultural development and elaborate the strategy of the agro-food sector of the region

  13. A fuzzy logic model to forecast stock market momentum in Indonesia's property and real estate sector

    Science.gov (United States)

    Penawar, H. K.; Rustam, Z.

    2017-07-01

    The Capital market has the important role in Indonesia's economy. The capital market does not only support the economy of Indonesia but also being an indicator Indonesia's economy improvement. Something that has been traded in the capital market is stock (stock market). Nowadays, the stock market is full of uncertainty. That uncertainty values make predicting stock market is all that we have to do before we make a decision in the stock market. One that can be predicted in the stock market is momentum. To forecast stock market momentum, it can use fuzzy logic model. In the process of modeling, it will be used 14 days historical data that consisting the value of open, high, low, and close, to predict the next 5 days momentum categories. There are three momentum categories namely Bullish, Neutral, and Bearish. To illustrate the fuzzy logic model, we will use stocks data from several companies that listed on Indonesia Stock Exchange (IDX) in property and real estate sector.

  14. Facility and market factors affecting transitions from nursing home to community.

    Science.gov (United States)

    Arling, Greg; Abrahamson, Kathleen A; Cooke, Valerie; Kane, Robert L; Lewis, Teresa

    2011-09-01

    Research into nursing home transitions has given limited attention to the facility or community contexts. To identify facility and market factors affecting transitions of nursing home residents back to the community. Multilevel models were used to estimate effects of facility and market factors on facility-level community discharge rates after controlling for resident demographic, health, and functional conditions. Facility discharge rates were adjusted using Empirical Bayes estimation. Annual cohort of first-time admissions (N=24,648) to 378 Minnesota nursing facilities in 75 nursing home markets from July 2005 to June 2006. Community discharge within 90 days of admission; facility occupancy, payer mix, ownership, case-mix acuity, size, admissions from hospitals, nurse staffing level, and proportion of admissions preferring or having support to return to the community; and nursing market population size, average occupancy, market concentration, and availability of home and community-based services. Rates of community discharge (Empirical Bayes residual) were highest in facilities with more residents preferring community discharge, more Medicare days, higher nurse staffing levels, and higher occupancy. In addition, facilities had higher community discharge rates if they were located in markets with a greater ratio of home and community-based services recipients to nursing home residents and with larger populations. State Medicaid programs should undertake system-level interventions that encourage nursing facilities to reduce unused bed capacity, balance the mix of payers, invest in nurse staffing, and take other steps to promote community discharges. In addition, states should increase home and community-based services, particularly in markets with low community discharge rates.

  15. Análisis del uso de herramientas de marketing online por parte del sector fundacional

    OpenAIRE

    Carretero Hidalgo, Patricia

    2018-01-01

    El uso de herramientas de marketing online se ha visto incrementado en los últimos años por parte del sector fundacional con el fin de dar a conocer sus objetivos y fines entre los sociospero también para mejorar la comunicación y poder estar en contacto directo con los mismos. Actualmente, cada vez son más las empresas conectadas a la red y sus usuarios a través de páginas web, redes sociales y plataformas sociales. En el sector fundacional, las fundaciones llevan a cabo distintas ...

  16. Comparative Analysis of Market Volatility in Indian Banking and IT Sectors by using Average Decline Model

    OpenAIRE

    Kirti AREKAR; Rinku JAIN

    2017-01-01

    The stock market volatility is depends on three major features, complete volatility, volatility fluctuations, and volatility attention and they are calculate by the statistical techniques. Comparative analysis of market volatility for two major index i.e. banking & IT sector in Bombay stock exchange (BSE) by using average decline model. The average degeneration process in volatility has being used after very high and low stock returns. The results of this study explain significant decline in...

  17. CUSTOMER RELATIONSHIP MANAGEMENT IN BUSINESS-TO-BUSINESS MARKETING: EXAMPLE OF TOURISM SECTOR

    Directory of Open Access Journals (Sweden)

    Demet TUZUNKAN

    2018-04-01

    Full Text Available The aim of this study is to demonstrate how customer relationship management systems are implemented in tourism companies that do business-tobusiness marketing. The study firstly tries to explain the concepts of business-tobusiness marketing and customer relations management. The existence and implementation of customer relationship management systems, particularly in business-oriented organizations, is crucial in order to make a difference in the globalizing world where competition conditions are gradually increasing. In order to achieve this, it has been evaluated how the customer relationship management systems are formed, how they are implemented, and what advantages they provide by conducting interviews with the employees in the companies that are business-tobusiness marketing in tourism sector and business areas. In methodology, semistructured interview technique has been used which enables qualitative data collection as a method in order to reach the goal of the study. As a result of the interviews and research, it has been established that customer relations management in B2B tourism companies is quite vital to be more productive, work efficiently, support marketing activities considerably and therefore increase the sales volume.

  18. Food, Fracking, and Freshwater: The Potential for Markets and Cross-Sectoral Investments to Enable Water Conservation

    Directory of Open Access Journals (Sweden)

    Margaret Cook

    2016-01-01

    Full Text Available Hydraulic fracturing—the injection of pressurized fluid, often water, to increase recovery of oil or gas—has become increasingly popular in combination with horizontal drilling. Hydraulic fracturing improves production from a well, but requires a significant amount of water to do so and could put pressure on existing water resources, especially in water-stressed areas. To supply water needs, some water rights holders sell or lease their water resources to oil and gas producers in an informal water market. These transactions enable the opportunity for cross-sectoral investments, by which the energy sector either directly or indirectly provides the capital for water efficiency improvements in the agricultural sector as a mechanism to increase water availability for other purposes, including oil and gas production. In this analysis, we employ an original water and cost model to evaluate the water market in Texas and the potential for cross-sectoral collaboration on water efficiency improvements through a case study of the Lower Rio Grande Valley in Texas. We find that, if irrigation efficiency management practices were fully implemented, between 420 and 800 million m3 of water could be spared per year over a ten year period, potentially enabling freshwater use in oil and gas production for up to 26,000 wells, while maintaining agricultural productivity and possibly improving water flows to the ecosystem.

  19. Reducing Information Gap and Increasing Market Orientation in the Agribusiness Sector: Some Evidences from Apulia Region.

    Science.gov (United States)

    Contò, Francesco; Santini, Cristina; La Sala, Piermichele; Fiore, Mariantonietta

    2016-01-01

    Market orientation plays a crucial role in reinforcing firm's competitive advantage; nevertheless, marketing myopia can negatively affect a clear perception of the market. An organization that defines itself by product rather than by market terms is probably affected by marketing myopia, a narrowness of mind towards any newness - newness respect to firms' convincement and routines - coming from the external environment. In that context some scientific relevant developments that comes from recent patents have been considered. This paper explores the determinants of marketing myopia in the Apulia wine business (South Italy). The aim of this paper is to describe how experiential research based on Consumer Science research tools, can facilitate a better market knowledge. Experimental sessions carried out in 2013 in Apulia with a group of professionals from the oil and wine sectors clearly demonstrate how country of origin effect can improve marketing myopia. Through a protocol based on an "academicians - practitioners" model, professionals can be facilitated in their strategy formulation.

  20. Análisis de la estrategia de marketing del sector turístico. Estudio de un caso concreto: Centro de Turismo Rural Valdelavilla

    OpenAIRE

    Arnedo González, Alba María

    2015-01-01

    En este trabajo se va a tratar de analizar el sector turístico desde el punto de vista del marketing, haciendo alusión al turismo rural con un caso real de estudio. El objetivo general es el análisis de la estrategia de marketing que sigue el sector turístico rural, concretamente el Centro de Turismo Rural Valdelavilla. Dentro de este contexto, los propósitos marcados previamente fueron los siguientes: - Aproximación al sector del turismo. Es decir, delimitar el alcance del concepto,...

  1. The journey towards decarbonization: Exploring socio-technical transitions in the electricity sector in the province of Ontario (1885–2013) and potential low-carbon pathways

    International Nuclear Information System (INIS)

    Rosenbloom, Daniel; Meadowcroft, James

    2014-01-01

    This article employs the multi-level perspective on socio-technical transitions to explore the historical evolution of the electricity regime in the province of Ontario from 1885-2013 and to interpret the potential for future movement towards decarbonization. With an emphasis on the political and social dimensions of transitions, this analysis traces the key features influencing change within Ontario's electricity system over the past century. This paper uses multiple criteria (the phase of electrification; role of the electricity system in economic development; structures of ownership, market and regulation; dominant technologies; and the relative stability of arrangements) to characterize distinct regime configurations and periods of instability which separate relatively stable system orientations. Lessons are drawn from the historical case with implications for future decarbonization in the province, including the importance of: (1) residual momentum; (2) embedded guiding principles; and, (3) politico-economic coalitions. - Highlights: • Investigates transitions in the electricity sector using the multi-level perspective. • Explores the socio-technical evolution of the electricity system in Ontario. • Draws lessons relevant for low-carbon transitions. • Poses key questions for the development of low-carbon pathways in Ontario. • Provides insights on the political dimensions of low-carbon transitions

  2. Labour market participation after breast cancer for employees from the private and public sectors: Educational and sector gradients in the effect of cancer.

    Science.gov (United States)

    Kolodziejczyk, Christophe; Heinesen, Eskil

    2016-05-01

    For employees who get cancer and survive, the probability of returning to work may depend on their ability to work, potential earnings losses if they do not return to work, qualifications and job type, but also on characteristics of the pre-cancer workplace. This paper focuses on differences between public and private sector employees in the effect of breast cancer on the probability of being out of the labour force three years after the diagnosis. We use propensity score weighting methods and a large longitudinal Danish administrative dataset which allows us to control for a wide range of important baseline characteristics such as education, sector of employment, labour market status, income, health, and demographics. We find that the educational gradient in the effect of cancer is significant in the public sector, where the estimated effects are 11.5 and 3.8 percentage points, respectively, for the low- and high-educated. The corresponding estimates for the private sector are 6.2 and 3.2 percentage points and here the educational gradient is only marginally significant. We discuss possible mechanisms behind the large sector gradient for the low-educated. Copyright © 2015 Elsevier B.V. All rights reserved.

  3. Croatian Energy Sector Reform - Results Achieved

    International Nuclear Information System (INIS)

    Nota, R.

    2001-01-01

    During the past ten years, the energy sector has passed through significant changes including fundamental market, economic, legislative and institutional aspects of sector operation. As the main goal of the Republic of Croatia is the integration into the European Union, the energy sector reform ought to be conducted in keeping with the present market development processes of the EU in such a way as to fulfil all safety criteria. In view of the above mentioned, the Croatian Parliament brought a number of laws during its session in July 2001 (''Official Gazette'' 68/01): 1. Energy Law 2. Energy Activities Regulation Law 3. Electricity Market Law 4. Gas Market Law 5. Oil and Oil Derivatives Market Law, which present the commencement of the energy sector reform (www.mingo.hr).(author)

  4. Intelligent sector coupling. Efficient energy transition; Intelligente Sektorkopplung. Effiziente Energiewende

    Energy Technology Data Exchange (ETDEWEB)

    Kamphues, Stephan

    2017-04-15

    The transformation process of the German energy industry is advancing. The power line and storage infrastructure still appears to be very neglected. The 2050 climate protection plan, but also the EU winter package, is an all-electric approach despite sector-specific targets. In addition to the exorbitant expansion requirements for renewables, infrastructures with enormous transport and storage potential are ''given away''. As in the interview with OGE CEO Stephan Kamphues becomes clear, an efficient energy transition requires an intelligent coupling of different sectors and infrastructures, ultimately even perhaps network convergence. [German] Der Transformationsprozess der deutschen Energiewirtschaft schreitet voran. Immer noch stark vernachlaessigt erscheint die Leitungs- und Speicherinfrastruktur. Dem Klimaschutzplan 2050, aber auch dem EU-Winterpaket wohnt trotz sektorspezifischer Ziele ein all electric-Ansatz inne. Neben exorbitantem Ausbaubedarf an Erneuerbaren ''verschenkt'' man damit Infrastrukturen mit riesigem Transport- und Speicherpotenzial. Wie im Interview mit OGE-Geschaeftsfuehrer Stephan Kamphues deutlich wird, erfordert eine effiziente Energiewende eine intelligente Kopplung verschiedener Sektoren und Infrastrukturen, letztendlich vielleicht sogar Netzkonvergenz.

  5. Agriculture and dairy in Eastern Europe after transition focused on Poland and Hungary

    NARCIS (Netherlands)

    Tonini, A.

    2007-01-01

    Keywords: CEECs, Hungary, Poland, dairy, micro economic theory, efficiency, productivity, allocative efficiency, stochastic frontier, profit function, Markov chain, and maximum entropy econometrics.This thesis analyzes the transition of an economic sector, from a socialist system to a market

  6. Gas-to-power market and investment incentive for enhancing generation capacity: An analysis of Ghana's electricity sector

    International Nuclear Information System (INIS)

    Fritsch, Jorik; Poudineh, Rahmatallah

    2016-01-01

    Ghana's electricity generation capacity is currently insufficient to meet demand, making power outages and load shedding common. The resulting impact is potentially devastating for the country's growth prospects. Traditionally, lack of an affordable and reliable fuel supply for power generation, coupled with ineffective institutions and an unfavourable investment climate, have resulted in Ghana's electricity sector performing poorly. In light of the 2007 discovery of natural gas reserves in Ghanaian waters, this paper examines whether domestic gas could advance the performance of the electricity sector, and if so, how. The results of our analysis show that utilization of gas reserves in Ghana's gas-to-power market is an economically superior strategy compared to an export-oriented utilization scheme. The lack of an effective regulatory framework for investment, skill shortages, and an inefficient electricity pricing structure continue to be the main constraining factors. Our analysis also considers possible approaches to modification of the electricity tariff in order to send the right signal to potential investors in generation capacity, without compromising the affordability of power supply. - Highlights: •We examine if domestic gas can improve the Ghanaian electricity sector performance. •We compare domestic gas-to-power market utilisation versus gas export. •It shows that gas-to-power market is more economical compared to gas export. •Ineffective investment regime, skill shortage and inefficient tariffs are barriers.

  7. Petroleum marketing in Africa. Issues in pricing, taxation and investment

    International Nuclear Information System (INIS)

    Bhagavan, M.R.

    1999-01-01

    This four part book examines and compares the liberalised petroleum marketing in Kenya with petroleum marketing in Ethiopia which has just begun the transition from state control to liberalisation. The petroleum sub-sector in both countries is put into context, and petroleum pricing and taxation issues, financing, marketing issues and policy are reviewed, and policy recommendations for both countries are given. The comparative analysis of the Ethiopian and Kenyan situations presented highlights some lessons for sub-Saharan Africa. Information and statistics on petroleum, marketing, and investment in sub-Saharan Africa are given in the appendix. (UK)

  8. Public Sector Employment Inequality in the United States and the Great Recession.

    Science.gov (United States)

    Laird, Jennifer

    2017-02-01

    Historically in the United States, the public sector has served as an equalizing institution through the expansion of job opportunities for minority workers. This study examines whether the public sector continues to serve as an equalizing institution in the aftermath of the Great Recession. Using data from the Current Population Survey, I investigate changes in public sector employment between 2003 and 2013. My results point to a post-recession double disadvantage for black public sector workers: they are concentrated in a shrinking sector of the economy, and they are more likely than white and Hispanic public sector workers to experience job loss. These two trends are a historical break for the public sector labor market. I find that race and ethnicity gaps in public sector employment cannot be explained by differences in education, occupation, or any of the other measurable factors that are typically associated with employment. Among unemployed workers who most recently worked for the public sector, black women are the least likely to transition into private sector employment.

  9. Energy Sector Liberalisation and Privatisation in Switzerland

    International Nuclear Information System (INIS)

    Bartlome, J. E.

    2001-01-01

    Due to its geographical situation, Switzerland is important for the transit lines of electricity and gas through the Alps. But Switzerland is not a member of the European Union. Furthermore, Swiss citizens enjoy extended direct-democratic rights. The author presents the story of energy sector liberalisation and privatisation in their three phases: 1. The late nineties: The phase of expectations 2. The phase of legislation: Open electricity market and elements of sustainable development as mitigating factors 3. The new awareness: Public service The Swiss citizens will have to adopt the law installing an open electricity market in June or September 2002. For the case of a (still very possible) rejection of the law, the author presents a no-go-solution and three realistic scenarios.(author)

  10. A decomposition of local labour-market conditions and their relevance for inequalities in transitions to vocational training

    OpenAIRE

    Hillmert, Steffen; Hartung, Andreas; Weßling, Katarina

    2017-01-01

    We investigate to what extent individual transitions to vocational training in Germany have been affected by local labour-market conditions. A statistical decomposition approach is developed and applied, allowing for a systematic differentiation between long-term change, short-term fluctuations, and structural regional differences in labour-market conditions. To study individual-level consequences for transitions to vocational training, regionalized labour-market data are merged with longitud...

  11. Utilidad de la relación estratégica comunitaria y el marketing en empresas el sector salud

    OpenAIRE

    Diaz Áragon, Natalia Lizeth; Vasquez Mejia, Paula Carolina; Cordon Rusinque, Juan Sebastian

    2014-01-01

    La necesidad de involucrar el concepto de comunidad y sus estrategias con el sector salud, generan el problema de investigación de determinar ¿Cuál es la utilidad de la relación estratégica comunitaria y el marketing en empresas del sector salud? El sector salud ha apartado las actividades relacionales con sus clientes, el cual es caracterizado por la atracción, desarrollo y mantenimiento de relaciones con los clientes. El objetivo de la investigación es determinar cuál es la utilidad d...

  12. Integration of the heat and refrigeration sector into the electricity market model PowerFlex for the analysis of sector encompasing effects on the climate protection goals and EE integration. Scientific final report - actualized version

    International Nuclear Information System (INIS)

    Koch, Matthias; Hesse, Tilman; Kenkmann, Tanja

    2017-01-01

    The report covers the following issues: (i) Detailed description of the heat sector and its coupling to the electricity sector within the electricity market model PowerFlex: provate heat demand, derivation of heat load profiles, development of a technology and energy carrier mix, data inputs for the electricity market regulation. (ii) Creation of an empirically based data basis for the air conditioning of building, its coupling to the electricity system and derivation of recommendations: preparation of a representative empirical determination of the status quo and the factors that provoke private households to install air conditions, effective parameters for the development of energy demand for air conditioning of residential homes, preparation of a data input for the electricity market model - methodology and results. (iii) Preparation of generic renewable energy supply time series with different levels of fluctuation: Methodology of the renewable energy profile calculation, calculation of the supply profile for photovoltaics, calculation of the supply profile for onshore wind and offshore wind. (iv) Extension of the electricity market model PowerFlex to PowerFlex-heat and cold for the sector encompassing scenario analysis: extension of the module to cogeneration power plants, power-to-heat and power-to-gas for the detailed description of the heat sector, extension of the module for load management, scenarios and interpretation of the results.

  13. The complicated transition to competition in the petrol industry in Spain

    International Nuclear Information System (INIS)

    Perdiguero, J.; Borrel, J. R.

    2007-01-01

    The Spanish petrol market has been deeply restructured. However, the results of two decades of liberalization are mixed. A more active policy of fostering and defending competition has been missing. Reform efforts in the sector and economic analyses of the markets have overwhelming been focussed on the upstream activities of manufacturing and wholesaling. By contrast, other activities of the sector are the ones that are constraining competition. Vertical relations between petrol major companies and petrol stations have a very significant impact on the process to achieve effective competition. And access to distribution essential facilities such as pipes is a necessary condition to open up the market to new operators. In Spain, transition to competition in the petrol industry has not taken enough care on restructuring vertical relations and access to essential facilities. (Author)

  14. Fresh market to supermarket: nutrition transition insights from Chiang Mai, Thailand.

    Science.gov (United States)

    Isaacs, Bronwyn Alison; Dixon, Jane; Banwell, Cathy

    2010-06-01

    A preliminary investigation into different eating patterns among Thai consumers who shop at fresh markets as opposed to supermarkets in Chiang Mai. A short questionnaire adopted from a previous study was administered to the forty-four participants, who comprised supermarket users, fresh market users and people who consistently shopped at both supermarkets and fresh markets. Participants were recruited within four fresh markets and two food courts attached to supermarkets in Chiang Mai. Chiang Mai residents who agreed to participate in the study. Equal numbers were regular fresh market and supermarket users. Initial results suggest an association between shopping at supermarkets and attributing bread with culinary value. Supermarkets may be potentially significant players in the 'nutrition transition', providing Thais more convenient shopping at some cost to their healthy food choices.

  15. TRANSITION IN TERMS OF GLOBALISATION

    Directory of Open Access Journals (Sweden)

    Miroslav Milutinović

    2014-10-01

    Full Text Available One of the essential constituents of the term transition, in Serbia as well as in other postsocialistic countries, refers to the transition from one development concept onto another one (extensive and mobilising, which is completely different (market-based and innovation-oriented. Market behaviour rules have changed to a great extent, as well as the increasingly present innovations in the field of technology, and introduced certain innovations in business orientation of companies. The struggle for market share is becoming more aggressive and dynamic enabling the survival of exclusively those companies which have implanted high flexibility and innovation levels into their business ambience. Globalisation is inherent in capitalism, it is its constituent logic. In future, new rules will have to be brought which would allow of the managment function to be performed within the complete business policy mutually agreed upon betwen the representatives of the capital owner and those of the personell. These regulations are necessary for long-term efficiency and profitability of private sector, as well as for the final success of economy.

  16. THE RESTRUCTURING OF ROMANIAN POWER SECTOR AT THE CROSSROADS: COMPETITIVE MARKETS OR NEO-COLBERTISM?

    Directory of Open Access Journals (Sweden)

    Oana Diaconu

    2007-12-01

    Full Text Available Despite efforts made by European Commission to liberalize electricity markets and foster integration, there are still significant barriers to free competition. Until now, Romania was one of the countries that have been compliant to the European Union’s electricity directives, being ahead of several older member states in this area. However, reforms have not started to pay out, suggesting that the model of combining state-owned non-competing generators with private/privatized distributors and suppliers may not be the best model of market deregulation. As a result, Romanian authorities have started to talk about plans to restructure the sector, by re-consolidating the unbundled generation companies and the state-owned distribution companies into one national energy company, aiming to create a national champion, competitive on the regional markets. However, these proposals are based on questionable economics and their adoption will have negative effects on market competition and, thus, on consumers.

  17. Analysis of the market penetration of clean coal technologies and its impacts in China's electricity sector

    International Nuclear Information System (INIS)

    Wang, Hao; Nakata, Toshihiko

    2009-01-01

    This paper discusses policy instruments for promoting the market penetration of clean coal technologies (CCTs) into China's electricity sector and the evaluation of corresponding effects. Based on the reality that coal will remain the predominant fuel to generate electricity and conventional pulverized coal boiler power plants have serious impacts on environment degradation, development of clean coal technologies could be one alternative to meet China's fast growing demand of electricity as well as protect the already fragile environment. A multi-period market equilibrium model is applied and an electricity model of China is established to forecast changes in the electricity system up to 2030s. Three policy instruments: SO 2 emission charge, CO 2 emission charge and implementing subsidies are considered in this research. The results show that all instruments cause a significant shift in China's electricity structure, promote CCTs' competitiveness and lead China to gain great benefit in both resource saving and environment improvement. Since resource security and environment degradation are becoming primary concerns in China, policies that could help to gain generations' market share of advanced coal-based technologies such as CCTs' is suitable for the current situation of China's electricity sector. (author)

  18. The 'energy transitions' programmes in Europe (out of France). Progress status and impact on the electricity market

    International Nuclear Information System (INIS)

    Perves, Jean-Pierre

    2013-09-01

    After having outlined some opposite characteristics of the electricity market which is opened in some respects, and protected in others, and shown how the European regulation has become inappropriate, this document proposes an overview of energy transition policies in different European countries. It more precisely describes the German example with its four main steps of evolution (phasing out nuclear, definition of an energy mix to compensate this phasing out, definition of development objectives for renewable energies, and projection to 2050 with the Energy Concept), its current achievements in terms of evolution of energy mix and levels which are to be reached by 2050, and its contradictions and difficulties: costs and notably hidden costs of intermittent energies, solar and wind overproduction with bad consequences for the market, industrial setback in the solar array sector, implications in territorial organisation in relationship with energy production, social transfers, evolution of public opinion. Other European experiences are briefly presented (Spain, Italy, and Great-Britain) and the global European situation is briefly described. Some questions are raised and some recommendations are made in conclusion

  19. Optimization in the energy sector

    International Nuclear Information System (INIS)

    2015-01-01

    The implementation of the energy transition and the developments in the national and international Energy markets constantly require sound analysis and new answers. The symposium ''optimization in the energy sector'' gives an overview of methods and models that can be practically used for decision support. Storage and electromobility as demand flexibility are important factors for the long-term design of the German and European energy system. But methodological aspects such as the consideration of uncertainties at the conference an important place is given. A key issue is also the short and medium term further development of the electricity market design. Not only broadly but also in detail e.g. the standard benefit and intraday markets there is considerable potential for optimization, which will be discussed in the context of technical presentations. And in view of challenging market environment is also new approaches to portfolio management a great importance for the practice. Therefore we are convinced that the Conference and its results for energy companies, public services and new entrants in the energy industry as well are of interest as for consultants, authorities, associations and energy economic research institutes. [de

  20. Myanmar seafood exports:Quick scan of the EU market potential

    NARCIS (Netherlands)

    Pijl, van der W.; Duijn, van A.P.

    2012-01-01

    The Asian region is a major supplier of fish products to the European market. The aquaculture sector in a number of Asian countries has become an important producer as well as exporter of various captured and cultured seafood products. Since Myanmar is in a transition to democracy and the EU decided

  1. Engaging the small commercial sector: new approaches for solving market barriers

    International Nuclear Information System (INIS)

    Dandridge, Cyane; Walton, Jennifer; Bertoldi, Paolo

    2005-01-01

    This paper examines how effectively working with students and contractors can engage small commercial businesses in energy efficiency measures. Small commercial businesses are an underserved and hard-to-reach market for energy efficiency services. Yet, this sector comprises a significant percentage of all businesses and aggregate energy usage. Two main barriers to doing an energy retrofit in small businesses include getting the business to agree to participate and getting them to implement suggested measures. Student outreach addresses the first, and using a mechanical or electrical contractor as an ESCO is a great way to address the second. The Awareness for Community Energy (ACE) Program is currently being offered throughout the United States. ACE employs high school and college students as interns and trains them in small business energy auditing. The business more readily accepts the marketing of energy services by a student, since it is seen as an opportunity to contribute to a student's educational experience. In one case, ACE program participants audited over 150 small businesses in a three-month period. Electrical and mechanical contractors are prime candidates to both disseminate information on energy efficiency and carry out the necessary retrofits. The owners of most energy using facilities already have trusted mechanical/electrical service contractors. By diffusing ESCO concepts amongst existing service contractors, there is a far greater chance of upgrading the energy efficiency throughout the small business sector. Such diffusion activities will involve training and awareness programs for contractors, as well as encouragement of financial institutions to develop supportive financing products

  2. Transition to distributed energy generation in Finland: Prospects and barriers

    International Nuclear Information System (INIS)

    Ruggiero, Salvatore; Varho, Vilja; Rikkonen, Pasi

    2015-01-01

    Small-scale distributed energy generation is expected to play an important role in helping Finland increase its energy self-sufficiency. However, the overall strategy to date for promoting distributed energy remains unclear. It is not yet well understood which factors promote the growth of the distributed energy sector and what barriers need to be removed. In this article we present the results of a questionnaire directed at a panel of 26 experts from the distributed energy value chain and 15 semi-structured interviews with industry and non-industry representatives. We investigated, from a sociotechnical transition perspective, the possibilities and challenges of the transition to distributed energy in Finland through 2025. The results show that a shift to a prosperous future for distributed energy is possible if permit procedures, ease of grid connection, and taxation laws are improved in the electricity sector and new business concepts are introduced in the heat sector. In contrast to other European countries, the transition in Finland is expected to take place through a market-based approach favoring investment-focused measures. We conclude that incentive-based schemes alone, whatever they may be, will be insufficient to create significant growth in Finland without institutional change, removal of barriers, and the engagement of key actors. - Highlights: • We examine the possibilities and challenges of the transition to DE in Finland. • Technological niches are emerging both in the heat and electricity sector. • Business model innovation is evident only in the electricity sector. • Removing barriers and developing new business models will accelerate the transition.

  3. Oil and natural gas market: a transitional year

    International Nuclear Information System (INIS)

    Appert, Olivier

    2007-01-01

    Year 2006 represented a transitional year for the oil market: a moderate demand growth and a slowdown of price rise, that will possibly be more significant in 2007. As to the long term, the feeling is anyway pointing at important model tensions and high prices prevailing. As a consequence, governments have to develop a more active energy policy, also when deciding on the actions to be undertaken to manage worldwide climatic change [it

  4. The prices of the oil sector; from competition to collusion: risks and benefits, in the Colombian energy market

    International Nuclear Information System (INIS)

    Perez Bedoya, Edigson

    1996-01-01

    The topic that has been presented for time one comes only analyzing as a result of the variations of the international prices of the raw one, which are owed in great measure to the stimulus of uses of new and better energy alternatives but that it complete the principle of the minimum cost, maximum benefit. From this perspective is en routed the development of the Colombian energy sector. The exercise that thinks about, is to present the notions and basic applications of a collusion model inside the oil market that analyzed it could be an alert voice for some of the managers of the private sector that ignoring some elements of the theory of games can incur in some mistakes in the energy market

  5. Market survey South Africa. The energy sector, the state of development and best opportunities for both countries

    International Nuclear Information System (INIS)

    Van der Velde, F.

    2008-07-01

    The aim of this report is to shine a light on the latest developments in the South African energy sector and to show that the energy sector is a favourable sector in South Africa for Dutch commercial involvement. Above all, an answer is given to the question why there is almost no Dutch export or investment in South Africa's energy sector and how we can boost more Dutch commercial involvement. The country has abundant coal reserves and this is one of the reasons why it can supply the cheapest electricity in the world. This also makes it very difficult for other primary energy products to compete with coal. But things are starting to change due to important external and internal facts. The current electricity crisis contributes the most to the changing energy landscape in South Africa and will therefore be discussed in detail. The first chapter will give an overview of the fossil and sustainable energy sector in South Africa. It will describe how the different energy sources contribute to the energy mix of the country. In the second chapter, the most important developments in the energy field will be introduced and discussed. There will be a focus on internal and external factors which influence developments in South Africa. A SWOT analyses will be presented to give an overview of what is important to keep in mind when one looks at the South African energy sector. Chapter three will give an answer to the question where the best opportunities are for Dutch companies to invest in, export to or cooperate within the South African energy sector. This report should be read in cooperation with the two market surveys that were conducted for the Netherlands Foreign Trade Agency (EVD) and the Dutch Embassy in Pretoria. Both for fossil as for the sustainable energy opportunities are abundant, this does not mean that market entry is very easy. Furthermore, some recommendations are given on how more Dutch involvement in the South African energy sector could be achieved

  6. Designing a climate change policy for the international maritime transport sector: Market-based measures and technological options for global and regional policy actions

    International Nuclear Information System (INIS)

    Miola, A.; Marra, M.; Ciuffo, B.

    2011-01-01

    The international maritime transport sector has a significant abatement potential and some technical improvements that reduce GHG emissions would already be profitable without any policy in place. This paper analyses in-depth the limits and opportunities of policy options currently under consideration at the international level to stimulate the sector to reduce its GHG emissions. In particular, in order for the maritime transport sector to become more environmentally friendly, the flexible nature of international market-based measures and the European Union Emission Trading Scheme provide a definite window of opportunity without placing unnecessary high burden on the sector. However, the development of a regional policy, such as at European level, for the international maritime transport sector faces several obstacles: allocation of emissions, carbon leakage, permit allocation, treatment of the great variety in ship type, size and usage, and transaction cost. Global market-based policies could overcome most of these challenges. This paper provides an in-depth analysis of the policy instruments currently under discussion to reduce the sector's burden on the environment, and focuses on economic theory, legal principles, technological options, and the political framework that together make up the basis of decision-making regarding the international maritime transport sector's climate change policies. - Highlights: → Technologies for a more environmental friendly maritime transport sector and their cost-effectiveness. → How to combine ambitious CO 2 reduction goals with a sector-wide market-based policy. → Permits should be auctioned frequently and small emitters have to be excluded. → Inclusion of shipping in the EU ETS causes carbon leakage, so the policy should aim at expansion.

  7. The U.S. midstream sector in transition : outlook and implications

    International Nuclear Information System (INIS)

    Fasullo, P.

    2004-01-01

    This presentation described the current challenges facing the midstream petroleum industry in the United States. The industry is faced with volatile natural gas prices, market liquidity, a maturing natural gas resource base, tight credit conditions, an ailing petrochemical industry, regulatory issues, and pipeline integrity issues. The difference between the ownership structure in Canada and the United States midstream sector was outlined, with particular reference to the Master Limited Partnerships and the future of third-party natural gas processing. The advantages and disadvantages of multiple ownership of third-party gas processing assets were highlighted. Suggestions were proposed as to what should be done to optimize and rationalize gas processing facilities. 4 tabs., 7 figs

  8. An Empirical Investigation of Risk-Return Relations in Chinese Equity Markets: Evidence from Aggregate and Sectoral Data

    OpenAIRE

    Thomas C. Chiang; Yuanqing Zhang

    2018-01-01

    This paper investigates the risk-return relations in Chinese equity markets. Based on a TARCH-M model, evidence shows that stock returns are positively correlated with predictable volatility, supporting the risk-return relation in both aggregate and sectoral markets. Evidence finds a positive relation between stock return and intertemporal downside risk, while controlling for sentiment and liquidity. This study suggests that the U.S. stress risk or the world downside risk should be priced int...

  9. Market review - Market values summary/July market review/current market data

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    This article is the July 1995 uranium market review. Data for current uranium market is presented, and a summary of recent transactions is also given. During this reporting period, there was one concentrate deal, two transactions in the long-term natural uranium market and conversion market, and three spot market transactions in the enrichment market. Active uranium supply fell, as did demand, and prices in all sectors were relatively stable

  10. Estrategias de posicionamiento de una empresa líder en el mercado doméstico del sector agroalimentario - Positioning strategies of a leading company in the domestic market of the processed food sector

    Directory of Open Access Journals (Sweden)

    Cesar Jesús Covarrubias Casco

    2017-12-01

    Full Text Available En este artículo de investigación el principal objetivo es identificar las estrategias que RYC-alimentos puede implementar para mantenerse como la empresa líder en el mercado doméstico del sector agroalimentario a partir de la revisión de la literatura teórica y empírica. Por lo cual se realizó un estudio descriptivo y comparativo que describe los conceptos relacionados con los elementos antes mencionados, y compara a las dos principales empresas mexicanas del mercado doméstico, así como las estrategias de mercado que pueden tener mayor impacto. Dentro de los principales resultados que se obtienen son las estrategias que puede implementar la empresa como el generar alianzas o convenios con los proveedores, distribuidores y cliente, otra de ellas es el fusionarse con empresas más pequeñas del mismo sector. Se puede concluir que, ante la globalización de los mercados, las empresas deben de aplicar estrategias que les permitan ser líder en su sector. Abstract In this research article the main objective is to identify the strategies that RYC-foods can implement to remain as the leading company in the domestic market of the agro-food sector from theoretical and empirical literature review. Therefore, a descriptive and comparative study was carried out describing the concepts related to the aforementioned elements, comparing the two main Mexican companies in the domestic market, as well as the market strategies that may have a greatest impact. Among the main results obtained are the strategies that can be implemented by the company such as the generation of alliances or agreements with suppliers, distributors and customers; being one of them to merge with smaller companies in the same sector. It can be concluded that facing the globalization of the markets, the companies must apply strategies that allow them to be leader in their sector.

  11. Market review - Market values summary/August market review/current market data

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    This article is the August 1995 uranium market review. During this reporting period, there were three transactions in the long-term concentrates sector, no transactions in the UF6 market, and limited activity in the spot conversion market and the enrichment services market. Active supply rose, as did active demand. Prices were stable to slightly increasing

  12. Electricity and gas market design to supply the German transport sector with hydrogen

    International Nuclear Information System (INIS)

    Robinius, Martin

    2015-01-01

    The German government has set targets to reduce greenhouse gas emissions by 40% by 2020, 55% by 2030, 70% by 2040 and 80-95% by 2050 compared to 1990 as reference year. As well as meeting other requirements, these targets can be achieved by raising the contribution of renewably-generated power to Germany's gross electricity consumption to 80% by 2050. Based on Germany's potential, intermittent energy sources (IES) such as on- and offshore wind, as well as photovoltaics, are necessary sources that must be utilized in order to achieve these ambitious targets. Because of the intermittency of these sources, there will be times in which surplus power generated could be used for example for the transport sector. During these periods of surplus power, the storage capacity of hydrogen allows for a socalled ''power-to-gas'' concept whereby the surplus power can be used to produce hydrogen and oxygen by means of electrolyzers. The aim of this thesis is to identify and develop a market design that is characterized by high penetration levels of IES, supplemented by the use of hydrogen in the transport sector. Furthermore, the aim was to develop a model in which the electricity and gas sector, including a hydrogen pipeline grid, is represented so as to analyze and validate selected market designs. Therefore, potential electricity and gas markets, as well as the most important potential share and stakeholders of a hydrogen infrastructure, are analyzed. With the model developed in this thesis, an existing energy concept has been developed, analyzed and evaluated. In addition, the distribution of the hydrogen production costs was calculated by employing a Monte Carlo Simulation analysis. The developed energy concept relies on 170 GW onshore and 60 GW offshore wind capacity and these dominate the model. This leads to surplus power, especially in the federal states of Lower Saxony, Schleswig-Holstein and Mecklenburg-Western Pomerania. To supply the

  13. Overview regarding the Romanian electricity sector regulatory framework development

    International Nuclear Information System (INIS)

    Bogdan, H.; Caracasian, L.

    2002-01-01

    The Romanian Electricity and Heat Regulatory Authority (ANRE) became operational in March 1999 and sector regulations came to render complete the specific primary legislation already adopted. The alignment to the international practice in the field, attracting investors while complying with the country's legitimate interests for a sustainable economic development and a sound social partnership among sector players were aimed at by ANRE in drawing out its regulations. The paper describes the progress Romania made in the last years in the transition towards a liberalised electricity sector. The key elements leading to such evolution are: 1. the development of the national legislation in accordance with the applicable EU legislation; 2. the establishment of an independent regulator to regulate monopolies where they remain, and to foster competition; 3. the splitting of the vertical integrated utility CONEL/RENEL in several independent companies, the establishment of the Transmission System Operator and the Market Operator within the National Grid Company T ranselectrica ; 4. the Romanian regulating system of authorizations and licenses; 5. the regulated access to the transmission and distribution networks; 6. the design of the wholesale market with two components: bilateral contracts between generators and suppliers and a day-ahead market to ensure the balance between demand and supply; 7. the gradual opening of the electricity market for eligible customers with minimum negative impact upon captive customers; 8. the improvements of the tariff methodologies in order to facilitate long-term decision making and to encourage the entering of potential investors on the market; 9. the introduction of performance standards for the supply activities. Financing resources were also ensured for investments in the modernisation of the national electricity transmission grid with a view to interconnection to the EU networks. Transparency of the process for the access to electricity

  14. Obstacle detectors for automated transit vehicles: A technoeconomic and market analysis

    Science.gov (United States)

    Lockerby, C. E.

    1979-01-01

    A search was conducted to identify the technical and economic characteristics of both NASA and nonNASA obstacle detectors. The findings, along with market information were compiled and analyzed for consideration by DOT and NASA in decisions about any future automated transit vehicle obstacle detector research, development, or applications project. Currently available obstacle detectors and systems under development are identified by type (sonic, capacitance, infrared/optical, guided radar, and probe contact) and compared with the three NASA devices selected as possible improvements or solutions to the problems in existing obstacle detection systems. Cost analyses and market forecasts individually for the AGT and AMTV markets are included.

  15. The Impact of the Digital Revolution in the Development of Market and Communication Strategies for the Luxury Sector (Fashion Luxury

    Directory of Open Access Journals (Sweden)

    Andrea Escobar

    2016-06-01

    Full Text Available In recent years the luxury industry has been strongly affected by the rapid evolution of digital technology and the internet. The use of the internet and the new digital technologies has contributed to the growth of the market and its different sectors. This meant an advantage for others, but for the luxury sector, it has been a challenge and the adaptation process slow. The online participation – in certain cases incipient – of some brands in the sector has been directed by new consumption habits, which had an impact in the marketing and communication strategies on a managerial level. Based on a theoretical review, this paper proposes a central concept known as brand expression, from which elements involved in the phenomenon of the digital era, some significant for the development of the study, are described. The resulting relations between them, together with findings obtained in interviews of consumers in the sector, describe the reason for the adaptation in content and approach of the current strategies; that in turn sets the guidelines for continuing and future developments.

  16. The role of the European Bank in the energy sector

    International Nuclear Information System (INIS)

    Coleman, John

    1994-01-01

    The European Bank for Reconstruction and Development was established in 1991 and is owned by the western industrialized countries, including Canada, and the former communist countries of Europe and Central Asia. Its purpose is to assist the latter to make the transition from command to market economies in a democratic framework. In the energy sector, most of the EBRD's lending has been in the oil and gas sector in Russia, but it is open for business in other sectors and in all countries of operation. Unlike other development banks, the EBRD is prepared to finance nuclear power projects. The bank is also prepared to finance conventional power plants where these would permit the closure of obsolete or unsafe nuclear plants. In the oil and gas sector, most of the EBRD's lending has related to private sector, joint venture projects aimed at oil field rehabilitation and development. The private sector ventures supported by the Bank normally involve joint stock companies owned 50 per cent by western partners and 50 per cent by Russian state oil companies, which are being privatized or are operating according to private sector principles. (author)

  17. B2B-Marketing Strategy For the Swedish Museum Sector : A Case Study of a Finnish Software Start-up Company

    OpenAIRE

    Kaukotie, Lauri

    2017-01-01

    The main purpose of this case study is to develop a functional primary marketing plan for a Finnish start-up software company looking to penetrate the Swedish museum sector. The case company has no prior marketing plan or a designated marketing and sales person, and therefore it was important to develop a plan that can be implemented even with limited knowledge of marketing and sales. The implementation of the case study consisted of interviews with three employees within the Swedish muse...

  18. Transition of Higher Education Graduates to the Labour Market: Are Employment Procedures More Meritocratic in the Public Sector?

    Science.gov (United States)

    Berggren, Caroline

    2011-01-01

    As an employer, the public sector might be expected to be more meritocratic than the private sector, because of its democratic values and more transparent appointments procedures. In this context meritocratic means that the employer only considers characteristics such as degree and grades, relevant for the position in question. The individuals in…

  19. An outline of the Dutch Waste sector and its market structure; Een verkenning van de Nederlandse afvalbranche en haar marktstructuur

    Energy Technology Data Exchange (ETDEWEB)

    Reezigt, M.J.A.

    2009-03-15

    The research question of this study is: is the current situation in the waste industry in the Netherlands reason to implement new regulations to improve the market in this sector? After the introduction and a view on the governmental policy follows a survey of the market and an overview of recent developments in the industry. Then follows an elaboration of the specific sub-sectors. These are separately analyzed on the basis of the SCP-model (Structure-Conduct-Performance framework) of Bain (1951), which provides information about the structural elements of the sector specific markets [Dutch] De onderzoeksvraag van deze studie luidt: geeft de huidige situatie in de afvalbranche aanleiding om tot nieuwe reguleringen over te gaan ter bevordering van de marktwerking in deze branche? Na de inleiding en een blik op het overheidsbeleid volgt een verkenning van de markt en een overzicht van recente ontwikkelingen binnen de branche. Vervolgens wordt dieper ingegaan op de specifieke deelsectoren. Deze worden los van elkaar geanalyseerd aan de hand van het SGR-model (Structuur-Gedrag-Resultaatschema) van Bain (1951), wat informatie verschaft over de structuurelementen van de sectorspecifieke markten.

  20. What happened to anti-malarial markets after the Affordable Medicines Facility-malaria pilot? Trends in ACT availability, price and market share from five African countries under continuation of the private sector co-payment mechanism.

    Science.gov (United States)

    Tougher, Sarah; Hanson, Kara; Goodman, Catherine

    2017-04-25

    The private sector supplies anti-malarial treatment for large proportions of patients in sub-Saharan Africa. Following the large-scale piloting of the Affordable Medicines Facility-malaria (AMFm) from 2010 to 2011, a private sector co-payment mechanism (CPM) provided continuation of private sector subsidies for quality-assured artemisinin combination therapies (QAACT). This article analyses for the first time the extent to which improvements in private sector QAACT supply and distribution observed during the AMFm were maintained or intensified during continuation of the CPM through 2015 in Kenya, Madagascar, Nigeria, Tanzania and Uganda using repeat cross-sectional outlet survey data. QAACT market share in all five countries increased during the AMFm period (p private sector QAACT availability were maintained or improved. In 2014/15, private sector QAACT availability was greater than 70% in Nigeria (84.3%), Kenya (70.5%), Tanzania (83.0%) and Uganda (77.1%), but only 11.2% in Madagascar. QAACT market share was maintained or improved post-AMFm in Nigeria, Tanzania and Uganda, but statistically significant declines were observed in Kenya and Madagascar. In 2014/5, QAACT market share was highest in Kenya and Uganda (48.2 and 47.5%, respectively) followed by Tanzania (39.2%), Nigeria (35.0%), and Madagascar (7.0%). Four of the five countries experienced significant decreases in median QAACT price during the AMFm period. Private sector QAACT prices were maintained or further reduced in Tanzania, Nigeria and Uganda, but prices increased significantly in Kenya and Madagascar. SP prices were consistently lower than those of QAACT in the AMFm period, with the exception of Kenya and Tanzania in 2011, where they were equal. In 2014/5 QAACT remained two to three times more expensive than the most popular non-artemisinin therapy in all countries except Tanzania. Results suggest that a private sector co-payment mechanism for QAACT implemented at national scale for 5 years was

  1. Status of power sector restructuring in Lithuania

    International Nuclear Information System (INIS)

    Bachiauskas, A.

    1999-01-01

    Lithuanian electricity sector comprises joint stock company Lietuvos Energija, which is responsible for supplying the country with electric energy, the Ignalina NPP state enterprise, which generates more then three fourth of the entire electricity of Lithuania, CHPs run By municipalities of Kaunas and Vilnius, and a few power plants, owned by industrial enterprises, as well as private small hydro power plants. Joint stock company Lietuvos Energija is a vertically integrated monopoly, which has inherited drawbacks inherent in planned - administrational economy and is therefore now being restructured into a modern and effective structure capable of operating within market economy conditions. The main goals of restructuring would meet electricity economy requirements: clearly un bundle electricity generation costs from electricity transmission and distribution costs; create internal and external electricity market conditions by gradual transition to wholesale and retail electricity trade; create conditions for third party access; create favourable conditions for competition; provide a possibility to integrate with Baltic electricity market in progress

  2. The political economy of energy use and pollution: the environmental effects of East-European transition to market economy

    Energy Technology Data Exchange (ETDEWEB)

    Midttun, A.; Chander, I. [Norwegian School of Management, Sandvicka (Norway)

    1998-11-01

    The transition of Eastern Europe to Western-type liberal capitalism has been interpreted as an important step towards a more ecologically sustainable Europe. The main argument has been that the energy efficiency of the West-European economy will be imported to Eastern Europe and lead to lower energy consumption and lower pollution. This line of argumentation seems sound as far as the industrial sector is concerned. However, it does not take into consideration the energy and pollution bill of the lavish lifestyle of modern consumer-oriented societies. A shift away from the moderate private consumption of East-European Communism, towards the Western consumerist lifestyle may diminish or even abolish the positive ecological effects of the East-European transition to a competitive market economy. The article explores energy consumption and pollution patterns of Eastern and Western Europe both as far as industrial and domestic end-user consumption is concerned. The article argues that these patterns are related to basic characteristics of the communist and capitalist systems and that pollution and energy use are fundamentally conditioned by the overall political economy. 18 refs., 14 figs., 1 tab., 1 app.

  3. Shale gas. Opportunities and challenges for European energy markets

    Energy Technology Data Exchange (ETDEWEB)

    De Joode, J.; Plomp, A.J.; Ozdemir, O. [ECN Policy Studies, Petten (Netherlands)

    2013-02-15

    The outline of the presentation shows the following elements: Introduction (Shale gas revolution in US and the situation in the EU); What could be the impact of potential shale gas developments on the European gas market?; How may shale gas developments affect the role of gas in the transition of the power sector?; and Key messages. The key messages are (1) Prospects for European shale gas widely differ from US case (different reserve potential, different competition, different market dynamics); (2) Shale gas is unlikely to be a game changer in Europe; and (3) Impact of shale gas on energy transition in the medium and long term crucially depends on gas vs. coal prices and the 'penalty' on CO2 emissions.

  4. North American oriented strand board markets, arbitrage activity, and market price dynamics: A smooth transition approach

    Science.gov (United States)

    Barry Goodwin; Matthew Holt; Jeffrey P. Prestemon

    2011-01-01

    Price dynamics for North American oriented strand board markets are examined. The role of transactions costs are explored vis-à-vis the law of one price. Nonlinearities induced by unobservable transactions costs are modeled by estimating time-varying smooth transition autoregressions (TV-STARs). Results indicate that nonlinearity and structural change are important...

  5. The Italian energy sector

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    The energy sector in Italy, as in Europe and in many other areas of the world, is undergoing rapid and profound changes. The 1986 ratification of the European Single Act was intended to create a European internal market, where circulation of people, capital, goods, and services would reach the highest possible liberalization. In 1988, in the document The Energy Internal Market, the European Union (EU) commission stressed the need for creation of an internal energy market--free of obstacles--to increase security of supply, to reduce costs, and to strengthen the competitiveness of the European economic system. In 1990, the Community Council adopted directives to implement the EU energy sector. This article describes Italy's role as part of the EU energy sector. It covers the following topics: the Italian energy sector; electricity vs gas transportation; project finance; recent developments advance Italian power industry; specifying powerplant components -- Italian stype; buyers' guide to Italian equipment, services

  6. The impact of the new regulatory framework on the French market of photovoltaic. What is the sector's future after the decrease of purchase tariffs and the foreseen limit of market?

    International Nuclear Information System (INIS)

    2011-05-01

    This article presents the content of a market study which aimed at identifying the dynamics of the French market of photovoltaic, at assessing the impact of reviewing the legal framework of this sector, at analysing the strategies of equipment manufacturer, installers and operators, and at anticipating the evolutions of the market and competition intensity by 2015. Data and information from nearly forty companies have been used for this study

  7. Comparative Analysis of Market Volatility in Indian Banking and IT Sectors by using Average Decline Model

    Directory of Open Access Journals (Sweden)

    Kirti AREKAR

    2017-12-01

    Full Text Available The stock market volatility is depends on three major features, complete volatility, volatility fluctuations, and volatility attention and they are calculate by the statistical techniques. Comparative analysis of market volatility for two major index i.e. banking & IT sector in Bombay stock exchange (BSE by using average decline model. The average degeneration process in volatility has being used after very high and low stock returns. The results of this study explain significant decline in volatility fluctuations, attention, and level between epochs of pre and post particularly high stock returns.

  8. Strategic policy and the logistics of crude oil transit in Lithuania

    International Nuclear Information System (INIS)

    Pasukeviciute, Irma; Roe, Michael

    2005-01-01

    This paper examines the crude oil transit market in Lithuania and the significant economic and political role played by Russia. Beginning with an analysis of the strategic and political role played by crude oil in Lithuania there follows a discussion of the policies followed by the Lithuanian authorities following independence in 1992 from the Former Soviet Union. A content analysis approach is taken to establishing the main policy issues that dominate the sector. This technique combines both quantitative and qualitative approaches to a review of published material on oil transit in Lithuania and acts as a means of assessing expert opinion on the issues involved. The results from this analysis will be used in developing policy initiatives for the sector. The paper ends with some suggestions for further applications of the techniques used to oil transit policy issues in the region

  9. Agent-based model of intermittent renewables : Simulating emerging changes in energy markets in transition

    NARCIS (Netherlands)

    Chappin, E.J.L.; Viebahn, P.; Richstein, J.C.; Lechtenböhmer, S.; Nebel, A.

    2012-01-01

    The energy transition is taking shape in the German and, to a lesser extent also its neighbouring electricity markets. We have proposed adaptations to an existing model to represent the increasing shares of intermittent renewables, that may alter the structure of the market and the viability of

  10. European Competition Law in the electricity sector

    International Nuclear Information System (INIS)

    Hiller, P.

    2001-09-01

    The first part gives an overview on the implementation of the Electricity Directive 96/92 in the member states of the European Union and on the still missing preconditions for a single market in the electricity sector. The second part deals with the main elements of the European merger control (market definition, market domination), the decisions in the electricity sector and analyses the impact of the Electricity Directive 96/92 EG on future merger decisions in this sector. The third part examines the role of the articles 81 and 82 EGV to secure competition in the electricity market. (author)

  11. Emerging trends in informal sector recycling in developing and transition countries

    International Nuclear Information System (INIS)

    Ezeah, Chukwunonye; Fazakerley, Jak A.; Roberts, Clive L.

    2013-01-01

    Highlights: • Reviewed emerging trends in Informal Sector Recycling (ISR) in developing countries. • In some countries we found that ISR is the key factor in the recycling of waste materials. • Overall impact of ISR upon the urban economy and environment is positive. • In some instances ISR subsidises large areas of the formal sector. • Ignoring the informal sector could result in unsustainable interventions. - Abstract: Optimistic estimates suggest that only 30–70% of waste generated in cities of developing countries is collected for disposal. As a result, uncollected waste is often disposed of into open dumps, along the streets or into water bodies. Quite often, this practice induces environmental degradation and public health risks. Notwithstanding, such practices also make waste materials readily available for itinerant waste pickers. These ‘scavengers’ as they are called, therefore perceive waste as a resource, for income generation. Literature suggests that Informal Sector Recycling (ISR) activity can bring other benefits such as, economic growth, litter control and resources conservation. This paper critically reviews trends in ISR activities in selected developing and transition countries. ISR often survives in very hostile social and physical environments largely because of negative Government and public attitude. Rather than being stigmatised, the sector should be recognised as an important element for achievement of sustainable waste management in developing countries. One solution to this problem could be the integration of ISR into the formal waste management system. To achieve ISR integration, this paper highlights six crucial aspects from literature: social acceptance, political will, mobilisation of cooperatives, partnerships with private enterprises, management and technical skills, as well as legal protection measures. It is important to note that not every country will have the wherewithal to achieve social inclusion and so the

  12. Emerging trends in informal sector recycling in developing and transition countries

    Energy Technology Data Exchange (ETDEWEB)

    Ezeah, Chukwunonye, E-mail: C.Ezeah2@wlv.ac.uk; Fazakerley, Jak A.; Roberts, Clive L.

    2013-11-15

    Highlights: • Reviewed emerging trends in Informal Sector Recycling (ISR) in developing countries. • In some countries we found that ISR is the key factor in the recycling of waste materials. • Overall impact of ISR upon the urban economy and environment is positive. • In some instances ISR subsidises large areas of the formal sector. • Ignoring the informal sector could result in unsustainable interventions. - Abstract: Optimistic estimates suggest that only 30–70% of waste generated in cities of developing countries is collected for disposal. As a result, uncollected waste is often disposed of into open dumps, along the streets or into water bodies. Quite often, this practice induces environmental degradation and public health risks. Notwithstanding, such practices also make waste materials readily available for itinerant waste pickers. These ‘scavengers’ as they are called, therefore perceive waste as a resource, for income generation. Literature suggests that Informal Sector Recycling (ISR) activity can bring other benefits such as, economic growth, litter control and resources conservation. This paper critically reviews trends in ISR activities in selected developing and transition countries. ISR often survives in very hostile social and physical environments largely because of negative Government and public attitude. Rather than being stigmatised, the sector should be recognised as an important element for achievement of sustainable waste management in developing countries. One solution to this problem could be the integration of ISR into the formal waste management system. To achieve ISR integration, this paper highlights six crucial aspects from literature: social acceptance, political will, mobilisation of cooperatives, partnerships with private enterprises, management and technical skills, as well as legal protection measures. It is important to note that not every country will have the wherewithal to achieve social inclusion and so the

  13. Russia at GHG Market

    International Nuclear Information System (INIS)

    Golub, A.; Strukova, E.

    2004-01-01

    In the first Kyoto commitment period Russia could be the major supplier for the greenhouse gases (GHG) emissions market. Potential Russian supply depends on the ability of Russia to keep GHG emissions lower than the Kyoto target. In the literature there is no common understanding of the total trading potential of Russia at the international carbon market. In this paper we focus on CO2 emission, which constituted nearly 80% of Russian GHG emission. We compare different projections of Russian CO2 emission and analyze the most important factors, which predetermine the CO2 emission growth. In a transition economy these factors are: Gross Domestic Product (GDP) dynamic, changes of GDP structure, innovation activity, transformation of export-import flows and response to the market signals. The input-output macroeconomic model with the two different input-output tables representing old and new production technologies has been applied for the analysis to simulate technological innovations and structural changes in the Russian economy during transition period. The Russian supply at the international GHG market without forest sector may be up to 3 billion metric ton of CO2 equivalent. Earlier actions to reduce CO2 emission are critical to insure the Russian supply at the international carbon market. With regard to the current status of the Russian capital market, the forward trading with OECD countries is only the possibility to raise initial investments to roll no-regret and low-cost GHG reduction. This paper discusses uncertainties of Russian CO2 emission dynamics and analyzes the different incentives to lower the emission pathway

  14. India's Downstream Petroleum Sector

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This study provides a holistic examination of pricing and investment dynamics in India's downstream petroleum sector. It analyses the current pricing practices, highlights the tremendous fiscal cost of current pricing and regulatory arrangements, and examines the sectoral investment dynamics. It also looks at potential paths towards market-based reform along which the Indian government may move, while at the same time protecting energy market access for India's large poor population.

  15. Socio-technical transition as a co-evolutionary process: Innovation and the role of niche markets in the transition to motor vehicles

    Science.gov (United States)

    Birky, Alicia K.

    2008-10-01

    Significant reductions in greenhouse emissions from personal transportation will require a transition to an alternative technology regime based on renewable energy sources. Two bodies of research, the quasi-evolutionary (QE) model and the multi-level perspective (MLP) assert that processes within niches play a fundamental role in such transitions. This research asks whether the description of transitions based on this niche hypothesis and its underlying assumptions is consistent with the historical U.S. transition to motor vehicles at the beginning of the 20th century. Unique to this dissertation is the combination of the perspective of the entrepreneur with co-evolutionary approaches to socio-technical transitions. This approach is augmented with concepts from the industry life-cycle model and with a taxonomy of mechanisms of learning. Using this analytic framework, I examine specifically the role of entrepreneurial behavior and processes within and among firms in the co-evolution of technologies and institutions during the transition to motor vehicles. I find that niche markets played an important role in the development of the technology, institutions, and the industry. However, I also find that the diffusion of the automobile is not consistent with the niche hypothesis in the following ways: (1) product improvements and cost reductions were not realized in niche markets, but were achieved simultaneously with diffusion into mass markets; (2) in addition to learning-by-doing and learning-by-interacting with users, knowledge spillovers and interacting with suppliers were critical in this process; (3) cost reductions were not automatic results of expanding markets, but rather arose from the strategies of entrepreneurs based on personal perspectives and values. This finding supports the use of a behavioral approach with a micro-focus in the analysis of socio-technical change. I also find that the emergence and diffusion of the motor vehicle can only be understood by

  16. Dominating clasp of the financial sector revealed by partial correlation analysis of the stock market.

    Science.gov (United States)

    Kenett, Dror Y; Tumminello, Michele; Madi, Asaf; Gur-Gershgoren, Gitit; Mantegna, Rosario N; Ben-Jacob, Eshel

    2010-12-20

    What are the dominant stocks which drive the correlations present among stocks traded in a stock market? Can a correlation analysis provide an answer to this question? In the past, correlation based networks have been proposed as a tool to uncover the underlying backbone of the market. Correlation based networks represent the stocks and their relationships, which are then investigated using different network theory methodologies. Here we introduce a new concept to tackle the above question--the partial correlation network. Partial correlation is a measure of how the correlation between two variables, e.g., stock returns, is affected by a third variable. By using it we define a proxy of stock influence, which is then used to construct partial correlation networks. The empirical part of this study is performed on a specific financial system, namely the set of 300 highly capitalized stocks traded at the New York Stock Exchange, in the time period 2001-2003. By constructing the partial correlation network, unlike the case of standard correlation based networks, we find that stocks belonging to the financial sector and, in particular, to the investment services sub-sector, are the most influential stocks affecting the correlation profile of the system. Using a moving window analysis, we find that the strong influence of the financial stocks is conserved across time for the investigated trading period. Our findings shed a new light on the underlying mechanisms and driving forces controlling the correlation profile observed in a financial market.

  17. Planning Oil Prices In The World Market And Preventive Policies In Energy Sector Of Iran

    International Nuclear Information System (INIS)

    Raees Dana, Fariborz

    1999-01-01

    The planning of oil prices in the world can not be analyzed by means of the market-competition theory or the game theory. The current prices seem to be influenced greatly by large energy consuming industries of developed countries, oil producing corporations and cartels, and oil productions outside of OPEC. There is a lack of necessary long term policies and planning so that drastic changes in market prices can be avoided. The goal of this paper is to suggest new policies by means of discussing in following issues: 1.Initiating some form of a financial support for OPEC with the necessary follow up. 2. Utilization of oil income in sectors organized to have the least susceptibility against income loss and the lowest impact on other sectors. 3. Reducing of oil production level in the local and global framework and starting in industrialization process. 4. Replacement of oil with natural gas at a faster rate. 5. improving the oil industry infrastructure for lowering production costs and increasing variety in products in light of country economic policies and occupational strategies. 6. Imposing self-reliance on development of oil-production technology

  18. Power reserves in the end-user market

    International Nuclear Information System (INIS)

    Livik, K.; Mo, B.

    1994-10-01

    Based on a detailed modelling of the end-user electric power market it is evaluated how a selection of energy conservation efforts will affect Norway's system curve for the day of maximum power load. The analysis given in this report is based on empiric load data and statistical analyses of how changing simultaneity in power consumption by the end-users contribute to an aggregated effect on the maximum power of the system. The computer code PMAX was used for the simulation. The following efforts are considered: controlling water heaters in the housing sector, replacing electricity by oil for heating in the housing sector and in the service sector, implementation of temperature control with reduced temperature at night/day in the housing and service sectors, energy conservation in the service sector, heat recovery in the service sector. Transition from electricity to oil in heating is the effort which most strongly affects the energy consumption and power load on the day of peak power load. The discussion excludes energy-intensive industries, pumps and boilers. 11 refs., 16 figs., 6 tabs

  19. Electricity generation sectors under purchase obligation: support arrangement analysis

    International Nuclear Information System (INIS)

    2013-04-01

    This report aims at assessing the operation of the support arrangement by which currently benefit some electricity production sectors in France (renewable energies, co-generation) with respect to the evolution of the energy mix within the frame of energy transition. Other support arrangements presently adopted in Europe are also addressed as lessons to be learned. Criteria are established for any support arrangement. The report presents the French and European context regarding such support arrangement with purchasing obligation, and addresses the future evolutions of the European Commission. It highlights challenges for the electric system and for the energy market (impact on investments, optimization of market operation), describes and assesses the French purchasing obligation arrangement, and describes and assesses other existing support arrangements

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

    Directory of Open Access Journals (Sweden)

    Fjona Zeneli

    2017-03-01

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

  1. Energy market barometer report - Summer 2016

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cartel, Melodie; Javaudin, Laurent; Molecke, Greg; Olsthoorn, Mark; Vernay, Anne-Lorene

    2016-01-01

    This Summer 2016 edition of the Grenoble Ecole de Management (GEM) Energy Market Barometer explored the assessment of French Energy experts regarding the digital transformation of the electricity sector in France. These findings are compared to the responses of German experts for Germany. Key findings: - 58% of the experts consider that the degree of digital transformation achieved in France's electricity sector is average for western countries, and more than half of them judge that the speed of this transition is too slow. - In France and Germany, an unfavourable cost-benefit ratio is seen as the most important barrier to digitalization in the electricity sector. The second most important barrier identified for France was an onerous regulatory framework, and for Germany it was cyber-security issues. - A large majority of experts in both countries thought that the technology itself was not an obstacle to the digitalization of the electricity sector. - While weighing the balance of priorities between digitalization and cyber-security in France, the panel of experts was split: 19% believed that digitalization was treated as the priority, while 24% thought cyber-security had been given precedence. 38% thought that a balanced approach was followed. - The top 3 domains where digitalization of the electricity sector is likely to create efficiency gains in France were improved predictions for load management in the grid (selected by 61% of respondents), enhanced flexibility in demand from the industry sector (53%), and better dispatching of electricity production (47%). - Our expert's assessment regarding the impact of the Energy transition on the competitiveness of French energy sector businesses has remained stable between 2014 and 2016: competitiveness of utilities will deteriorate the most. More generally, the experts believed that the energy transition will have a positive (46%) or very positive (11%) impact on the French economy. - Despite plans to reform the EU

  2. Analyzing alternative policy instruments for the irrigation sector : an assessment of the potential for water market development in the Chishtian Sub-division, Pakistan

    NARCIS (Netherlands)

    Strosser, P.

    1997-01-01


    The increasing scarcity of water and financial resources has made the economic dimension of water an important element of irrigation sector policies. Water pricing is the means traditionally used to incorporate economic issues into irrigation sector policies. More recently, water markets

  3. Banking concentration and developments in FYROM: A country in transition

    Directory of Open Access Journals (Sweden)

    Nikolas Hourvouliades

    2014-12-01

    Full Text Available The Former Yugoslav Republic of Macedonia (FYROM belongs to the transition economies that have witnessed significant structural changes in their domestic markets during the 2000s. We examine the evolution of the banking competition from 2003 until 2011, covering the first period of economic growth followed by the acute financial crisis that still threatens European countries. We apply the Herfindahl–Hirschman index and the CR3 and CR5 indicators in order to estimate banking concentration on five industry variables. Our findings show that the market has been persistently operating under oligopolistic, if not monopolistic, conditions where the leading three or five institutions dominate the market. Foreign newcomers and legislative developments have not changed the situation during the past 10 years and bank customers seem to keep their preferences unaffected, staying loyal to their prior choices. We analyze the banking sector profitability since 2008 and during the economic crisis, as well as the operational performance and the future trends concerning this sector.

  4. Impact of Energy Transition in Germany on the Nordic Power Market – A Blessing or Curse?

    DEFF Research Database (Denmark)

    Zakeri, Behnam; Syri, Sanna; Connolly, David

    2015-01-01

    integrate and harmonize regional markets towards a pan-European power market with a single pricing algorithm. The impacts of such power market couplings on the interconnected countries are complex, which concerns market participants in different levels, from consumers and producers to grid operators...... in such interconnected countries calls for a market-based multiregion energy system model. In this respect, this contribution analyses the impact of further VRE in Germany on the Nordic countries by proposing a new integrated energy system, power market model of the region. The results reveal the market-economic impact......The European energy policy emphasizes the establishment of EU-wide internal energy markets as a reliable solution in increasing the security of supply, optimal use of internal energy resources, and improved economic competitiveness. With respect to the power sector, the EU’s strategy is to further...

  5. Utilizing of marketing research for marketing communication

    OpenAIRE

    Bielová, Zuzana

    2008-01-01

    The subject of bachelor's thesis "Utilizing of marketing research for marketing communication" is analyze problematic of marketing communications in sector of educational services. The aims are potential clients of education. I will try to make out import of marketing research for marketing communication of the company.

  6. Corporate Governance During Market Transition: Heterogeneous responses to institutional tensions in China

    NARCIS (Netherlands)

    P-O. Legault Tremblay (Pierre-Olivier)

    2015-01-01

    textabstractCorporate governance in transition economies does not fit in the dominant normative models. China embodies institutional tensions between an inherited system of political governance and new laws transplanted from Western countries that empower external shareholders on capital markets.

  7. Stochastic Stability for Time-Delay Markovian Jump Systems with Sector-Bounded Nonlinearities and More General Transition Probabilities

    Directory of Open Access Journals (Sweden)

    Dan Ye

    2013-01-01

    Full Text Available This paper is concerned with delay-dependent stochastic stability for time-delay Markovian jump systems (MJSs with sector-bounded nonlinearities and more general transition probabilities. Different from the previous results where the transition probability matrix is completely known, a more general transition probability matrix is considered which includes completely known elements, boundary known elements, and completely unknown ones. In order to get less conservative criterion, the state and transition probability information is used as much as possible to construct the Lyapunov-Krasovskii functional and deal with stability analysis. The delay-dependent sufficient conditions are derived in terms of linear matrix inequalities to guarantee the stability of systems. Finally, numerical examples are exploited to demonstrate the effectiveness of the proposed method.

  8. Introducing the emissions trading system to China’s electricity sector: Challenges and opportunities

    International Nuclear Information System (INIS)

    Teng, Fei; Wang, Xin; Zhiqiang, LV

    2014-01-01

    We examine the challenges and opportunities to introduce emissions trading (ETS) in China’s electricity sector, in which the interaction between ETS and electricity market reform plays a major role. China’s electricity sector is currently in a slow progress towards a more competitive and market-based system. Both equal share dispatching policy and regulated wholesale and retail pricing policies pose significant challenges for implementation of ETS in China’s electricity sector. One of the important points of ETS is to give a price for carbon emissions and establish a cost pass-through mechanism (reminded that the essential of carbon pricing is to put a price on carbon emissions that is equal to discounted value of the external damages). It should be regarded as a part of broader policy package for energy and resources price reform. This will require that any low-carbon power policy should be considered as a part of whole policy package aiming at further liberalizing the electricity sector in China. Three policy options are identified to incorporate ETS with electricity reform under different circumstances. A combination of those three options is also proposed to break the lock and reinforce the positive interaction between ETS and the transition towards a competitive electricity system, in link with current pilot ETS designs. A roadmap to introduce ETS in a stepwise manner is suggested. - Highlights: • We assess the institutional barriers of electricity market to ETS in China. • Major challenges to ETS come from equal share dispatching an regulated pricing policies. • Several options are examined to reconcile the ETS and electricity market in China

  9. STOCK Market Differences in Correlation-Based Weighted Network

    Science.gov (United States)

    Youn, Janghyuk; Lee, Junghoon; Chang, Woojin

    We examined the sector dynamics of Korean stock market in relation to the market volatility. The daily price data of 360 stocks for 5019 trading days (from January, 1990 to August, 2008) in Korean stock market are used. We performed the weighted network analysis and employed four measures: the average, the variance, the intensity, and the coherence of network weights (absolute values of stock return correlations) to investigate the network structure of Korean stock market. We performed regression analysis using the four measures in the seven major industry sectors and the market (seven sectors combined). We found that the average, the intensity, and the coherence of sector (subnetwork) weights increase as market becomes volatile. Except for the "Financials" sector, the variance of sector weights also grows as market volatility increases. Based on the four measures, we can categorize "Financials," "Information Technology" and "Industrials" sectors into one group, and "Materials" and "Consumer Discretionary" sectors into another group. We investigated the distributions of intrasector and intersector weights for each sector and found the differences in "Financials" sector are most distinct.

  10. Market transition or path dependency? Changing effects of income determinants in the Czech Republic, Hungary, Poland, Russia, and Slovakia, 1991–2002

    NARCIS (Netherlands)

    Verhoeven, Willem-Jan; Dessens, Jos; Jansen, Wim

    2008-01-01

    A major issue in the market transition debate on transitional societies is the extent to which changing economic institutions are responsible for the changing stratification order in post-Communist societies, as assumed by the Market Transition Theory (MTT). Advocates of path dependent

  11. Marketing ve veřejné správě

    OpenAIRE

    Červeňáková, Jana

    2008-01-01

    The paper deals with specifics which are typical of marketing in the public sector and which are different from marketing in the private sector. On the example of the governmental agency, CzechInvest, it aims to generalize how marketing in the public sector works. It poses question whether marketing in the public sector can apply the same principles as marketing in the private sector. The paper deals with the fact whether public sector uses the same marketing tools as private sector. It obser...

  12. Economic and institutional dynamics of electricity markets deregulation: the interaction between sectoral regulation and antitrust policy

    International Nuclear Information System (INIS)

    Fontanel, B.

    2009-01-01

    The purpose of this study is to define regulatory intervention as a part of a global monitoring procedure allowing the definition and adaptation of market structures and rules, given the observed behavior of market participants. Nevertheless, the possible inefficiency in its (decisional) coordination with competition authorities implies further analysis. We thus adopt a comparative methodology based on the studying PJM and NETA wholesale markets. This analysis enables us to stress two possible 'models' in the distribution and coordination of monitoring powers. The first one privileges a strong 'informational coordination' between the sectoral regulator and the Transmission System Operator. By contrast, the second model is characterized by a constrained informational coordination, leading to a greater 'decisional convergence' between regulatory intervention and antitrust policy. Lastly, we put these conclusions into perspective with the specific issue of the achievement of an efficient and integrated European market for electricity. In particular, we stress the need for a single regulatory agency, which should be given autonomous decisional powers in the adoption of regional markets reform initiatives (author)

  13. Smart market. From smart grid to the intelligent energy market; Smart Market. Vom Smart Grid zum intelligenten Energiemarkt

    Energy Technology Data Exchange (ETDEWEB)

    Aichele, Christian [Hochschule Kaiserslautern, Zweibruecken (Germany). Fachbereich Betriebswirtschaft; Doleski, Oliver D. (ed.)

    2014-07-01

    Dare more market. - The design of this postulate provides an important contribution to the success of the German energy transition. The Bundesnetzagentur has shown with its highly regarded benchmark paper on smart grids and markets leads the way towards more market in the energy sector. The therein required differentiation in a network and market sphere contributes to greater transparency on the consumer side and enables a gid releaving shift in energy consumption. The book focuses on actors and roles in the modified market circumstances as well as components and products of a future Smart Markets. Finally, to the reader concrete business models are offered. Authors from science and practice give in this book answers on how the interaction of Smart Grid and Smart Market works. [German] Mehr Markt wagen. - Die Ausgestaltung dieses Postulats liefert einen wichtigen Beitrag zum Gelingen der deutschen Energiewende. Die Bundesnetzagentur hat mit ihrem vielbeachteten Eckpunktepapier zu intelligenten Netzen und Maerkten diesen Weg in Richtung mehr Markt in der Energiewirtschaft gewiesen. Die darin geforderte Differenzierung in eine Netz- und Marktsphaere traegt zu mehr Transparenz auf der Verbraucherseite bei und ermoeglicht eine netzentlastende Verlagerung des Energieverbrauchs. Das Buch beleuchtet Akteure und Rollen im geaenderten Marktumfeld ebenso wie Komponenten und Produkte eines zukuenftigen Smart Markets. Schliesslich werden dem Leser konkrete Geschaeftsmodelle angeboten. Autoren aus Wissenschaft und Praxis geben in diesem Buch Antworten darauf, wie das Zusammenspiel von Smart Grid und Smart Market funktioniert.

  14. Using trading strategies to detect phase transitions in financial markets.

    Science.gov (United States)

    Forró, Z; Woodard, R; Sornette, D

    2015-04-01

    We show that the log-periodic power law singularity model (LPPLS), a mathematical embodiment of positive feedbacks between agents and of their hierarchical dynamical organization, has a significant predictive power in financial markets. We find that LPPLS-based strategies significantly outperform the randomized ones and that they are robust with respect to a large selection of assets and time periods. The dynamics of prices thus markedly deviate from randomness in certain pockets of predictability that can be associated with bubble market regimes. Our hybrid approach, marrying finance with the trading strategies, and critical phenomena with LPPLS, demonstrates that targeting information related to phase transitions enables the forecast of financial bubbles and crashes punctuating the dynamics of prices.

  15. Using trading strategies to detect phase transitions in financial markets

    Science.gov (United States)

    Forró, Z.; Woodard, R.; Sornette, D.

    2015-04-01

    We show that the log-periodic power law singularity model (LPPLS), a mathematical embodiment of positive feedbacks between agents and of their hierarchical dynamical organization, has a significant predictive power in financial markets. We find that LPPLS-based strategies significantly outperform the randomized ones and that they are robust with respect to a large selection of assets and time periods. The dynamics of prices thus markedly deviate from randomness in certain pockets of predictability that can be associated with bubble market regimes. Our hybrid approach, marrying finance with the trading strategies, and critical phenomena with LPPLS, demonstrates that targeting information related to phase transitions enables the forecast of financial bubbles and crashes punctuating the dynamics of prices.

  16. Feeling good about the iron rice bowl: Economic sector and happiness in post-reform urban China.

    Science.gov (United States)

    Wang, Jia; Xie, Yu

    2015-09-01

    Situated in China's market transition, this study examines the relationship between economic sector and a worker's happiness in post-reform urban China. Using datasets from the Chinese General Social Surveys 2003, 2006 and 2008, we find that workers in the state sector enjoy a subjective premium in well-being - reporting significantly higher levels of happiness than their counterparts in the private sector. We also find that during a period when a large wave of workers moved from the state sector to the private sector, those remaining in the state sector reported being significantly happier than did former state sector workers who had moved, whether the move was voluntary or involuntary. We attribute the higher level of reported happiness in the state sector than in the private sector to the disparity by sector in the provision of social welfare benefits. Those who made voluntary state-to-private moves experienced a trade-off in enjoying higher payoffs while losing job security, whereas involuntary mobiles experienced downward mobility and suffered a long-term psychological penalty. Copyright © 2015 Elsevier Inc. All rights reserved.

  17. Feeling Good About the Iron Rice Bowl: Economic Sector and Happiness in Post-Reform Urban China*

    Science.gov (United States)

    Wang, Jia; Xie, Yu

    2015-01-01

    Situated in China’s market transition, this study examines the relationship between economic sector and a worker’s happiness in post-reform urban China. Using datasets from the Chinese General Social Surveys 2003, 2006 and 2008, we find that workers in the state sector enjoy a subjective premium in well-being – reporting significantly higher levels of happiness than their counterparts in the private sector. We also find that during a period when a large wave of workers moved from the state sector to the private sector, those remaining in the state sector reported being significantly happier than did former state sector workers who had moved, whether the move was voluntary or involuntary. We attribute the higher level of reported happiness in the state sector than in the private sector to the disparity by sector in the provision of social welfare benefits. Those who made voluntary state-to-private moves experienced a trade-off in enjoying higher payoffs while losing job security, whereas involuntary mobiles experienced downward mobility and suffered a long-term psychological penalty. PMID:26188448

  18. Post market surveillance in the german medical device sector - current state and future perspectives.

    Science.gov (United States)

    Zippel, Claus; Bohnet-Joschko, Sabine

    2017-08-01

    Medical devices play a central role in the diagnosis and treatment of diseases but also bring the potential for adverse events, hazards or malfunction with serious consequences for patients and users. Medical device manufacturers are therefore required by law to monitor the performance of medical devices that have been approved by the competent authorities (post market surveillance). Conducting a nationwide online-survey in the German medical device sector in Q2/2014 in order to explore the current status of the use of post market instruments we obtained a total of 118 complete data sets, for a return rate of 36%. The survey included manufacturers of different sizes, producing medical devices of all risk classes. The post market instruments most frequently reported covered the fields of production monitoring and quality management as well as literature observation, regulatory vigilance systems, customer knowledge management and market observation while Post Market Clinical Follow-up and health services research were being used less for product monitoring. We found significant differences between the different risk classes of medical devices produced and the intensity of use of post market instruments. Differences between company size and the intensity of instruments used were hardly detected. Results may well contribute to the development of device monitoring which is a crucial element of the policy and regulatory system to identify device-related safety issues. Copyright © 2017 Elsevier B.V. All rights reserved.

  19. From government to market and from producer to consumer: Transition of policy mix towards clean mobility in China

    International Nuclear Information System (INIS)

    Xu, Lei; Su, Jun

    2016-01-01

    This paper proposes a new typology that classifies innovation policy instruments into two dimensions: government-selection versus market-selection, and producer-orientation versus consumer-orientation. Such a typology articulates the importance of consumer behavior in the policy design for a transition, and the relevance for the market to select target subjects of policy during the deployment stage of clean technology innovation. We apply this typology to policy instruments of China's new energy vehicle (NEV) industry between 1991 and 2015 in order to explain the industry's rapid growth. The focus of China's policy mix has transited from government-selection to market-selection, and from producer-orientation to consumer-orientation. Other than the new typology, this paper traces the entire history of policy transition within China's NEV industry, and finds the transition to be a result of policy learning, thus contributing to future empirical studies of this industry. - Highlights: •This paper shows the change of China's innovation policy mix for the new energy vehicle industry. •We design a new typology of innovation policy instruments. •China's policy mix has undergone a transition according to the new typology. •The transition explains why new energy vehicles have recently diffused quickly in China. •Rationale and background of such a transition is provided.

  20. Accelerating Energy and Environmental Transition in Europe through digital

    International Nuclear Information System (INIS)

    Reinaud, Julia; Clinckx, Nicolas; Faraggi, Paul

    2017-01-01

    Digitalization is becoming ubiquitous in the energy sector, enabling a more decentralized energy system and blurring the traditional energy sector boundaries, with more integration with buildings, mobility solutions and industry. Digitalization is accelerating the pace of the energy transition, mainly thanks to three levers: 1) enhancing customer interaction with the energy system, 2) optimizing operations, and 3) enabling new business models for traditional energy actors as well as opening up space for new entrants from other sectors and energy start-ups. Digital technologies are also facilitating a cost-effective, clean energy transition, mainly by increasing energy efficiency and flexibility, as well as enabling the integration of renewable electricity into smart(er) grids and developing low-carbon solutions. This article gives a brief overview of the digitally-enabled innovations in Europe's energy markets and how various players are positioning themselves to take advantage of these opportunities. It concludes by highlighting some of the policy issues this transformation raises and the challenges ahead for European businesses to reap the benefits

  1. Hybrid renewable energy support policy in the power sector: The contracts for difference and capacity market case study

    International Nuclear Information System (INIS)

    Onifade, Temitope Tunbi

    2016-01-01

    The article employs qualitative methods in contextualizing and conceptualizing the hybrid renewable energy support policy. It claims that hybrid policies may combine distinct mechanisms to drive desirable objectives better than traditional policies. A policy cycle helps to frame the United Kingdom's Contracts for Difference and Capacity Market (CFD & CM) scheme as a case study. The CFD & CM policy emerged to address environmental and energy challenges through the deployment of renewable energy (RE) in a low-carbon economy, employing liberalization: Environmental protection is foremost in this scheme. The policy combines and improves on the elements of feed-in tariff (FIT) and quota obligation (QO), and strives to solve the problems of these traditional policies. It addresses regulatory uncertainty under FIT by employing private law mechanics to guarantee above-loss reward for low carbon generation, and addresses market uncertainty under QO by incentivizing the capacity to supply future low carbon energy based on projected demand, hence creating a predictable and stable market. It also accommodates other important commitments. Overall, the CFD & CM scheme is a hybrid policy that engages the energy market mainly for advancing the end goal of environmental protection. To thrive however, it needs to meet private sector interests substantially. - Highlights: •The hybrid support policy combines traditional support systems. •Hybrid policies may drive objectives better than traditional policies. •The UK's contract for difference and capacity market system is a hybrid policy. •Environmental protection is foremost in the UK's hybrid policy. •To thrive, the UK's hybrid policy should address private sector interests.

  2. The Tax Base in Transition: The Case of Bulgaria, World Bank Policy Research Working Paper Series No. 1267 (March 1994), The World Bank.

    OpenAIRE

    Zeljko Bogetic; Arye Hillman

    2005-01-01

    Meeting government revenue needs without inhibiting private sector development is a key challenge of tax policy during the transition from the socialist system. The paper explores issues in the design of tax bases and tax structures in the transition and argues that transition economies would need to adopt a lower and simpler tax structure than the ones prevailing in developed Western market economies.

  3. The electricity market

    International Nuclear Information System (INIS)

    2015-01-01

    After a first part proposing predictions for electricity production and consumption for 2016, for the turnovers of electricity suppliers and producers, an indication of important recent important events regarding enterprises belonging to the sector, and a dashboard of the sector activity, an annual report proposes a detailed overview of trends and of the competition context for the electricity market. It identifies the main market opportunities for electricity suppliers, identifies eight determining factors for the sector activity, gives an overview of the sector context evolution between 2004 and 2014 (temperatures, rainfalls, manufacturing industry production, housing and office building stock, projected housing and office building). It analyses the evolution of the sector activity by presenting and commenting various activity indicators and financial performance of electricity producers. It analyses the sector economic structure: evolution of the economic fabric, presentation of various structural characteristics (cross-border exchanges, production capacities per energy source, nuclear plant fleet, thermal plant fleet, location, electricity supply market). It proposes a presentation of the various actors and of their respective market shares, and presentations of groups, electricity suppliers, and electricity producers. It indicates highlights and presents various rankings of the main enterprises in 2014

  4. Small Business Marketing Capability in the Food Sector: The Cases of Belgium, Hungary and Italy

    Directory of Open Access Journals (Sweden)

    Allesandro Banterle

    2010-05-01

    Full Text Available The purpose of thie paper is to assess the marketing management capabilities of SMEs producing traditional food products in the EU through thge development of a self-evaluation tool.SMEs represent the greater part of European food firms and they find it very difficult to adapt to market changes, and to compete with big enterprises. In this context, marketing management capabilities play a key role in good SME performance in the market. The self-evaluation tool is developed in the innovative form of an interactive questionnaire published on the web. At the moment, the sample is composed by 60 traditional food producers located in three member states (Belgium, Italy, and Hungary belonging to different sectors (cheese, beer, dry ham, sausage and white pepper. The data were analysed with cluster analysis. The results of the survey revealed that most of the firms analysed show weaknesses in marketing management capabilities. Nevertheless, cluster analysis pointed out a group of firms (22% of the sample with high performances in all the stages of marketing management process, which can be defined market oriented in terms of MARKOR approach. Most firms showed difficulties in analysing the competitive environment in which they operate, and in controlling the achievement of the marketing objectives. Moreover, the survey showed that, generally, micro sized firms perform worse than small and medium enterprises. Nevertheless, in some cases micro firms achieved high performances revealing that the firm size is not a so insuperable constraint to reach good results in marketing.

  5. Mapping the Typology of Transition Systems in a Liberal Market Economy: The Case of Canada

    Science.gov (United States)

    Arnold, Christine Helen; Wheelahan, Leesa; Moodie, Gavin; Beaulieu, Jacqueline; Taylor-Cline, Jean-Claude

    2018-01-01

    This research explores links between tertiary education institutions and between tertiary education and the labour market as determinants of provincial and national transition patterns in Canada. The study consists of a provincial analysis that maps the typology of transition systems across Canada's devolved federated tertiary education structure.…

  6. Diagnosis of environmental marketing goods and services in the forestry sector Diagnóstico do marketing ambiental de bens e serviços do setor florestal

    Directory of Open Access Journals (Sweden)

    Erlon Barbosa Valdetaro

    2012-06-01

    Full Text Available

    It was collected and subsequent analysed advertisements and advertising campaigns for companies of forest products and services in nine magazines and 91websites of the forest sector, seeking for advertising and marketing actions that had some kind of environmental appeal as environmental terms, symbols with environmental appeal, certification seal and image with environmental appeal. The “environmental term” is present in 85,9% of 157 forest advertisements from different segments. The forestry sector has embraced the environmental marketing as a tool to adapt to the market, to meet an increasingly more critical and aware of current environmental issues.

     

    doi: 10.4336/2012.pfb.32.70.105

    Foram realizadas coletas e análises em propagandas e campanhas publicitárias de empresas de produtos e serviços florestais em nove revistas e 91 websites do setor, buscando propagandas e ações de marketing que tivessem algum tipo de apelo ambiental, tais como termos ambientais, símbolo com apelo ambiental, selo de certificação e imagem com apelo ambiental. O “termo ambiental” está presente em 85,9 % das 157 propagandas pertencentes a diversos segmentos florestais. O setor florestal tem adotado o marketing ambiental como ferramenta de adequação ao mercado, com o intuito de atender uma sociedade cada vez mais crítica e consciente das problemáticas ambientais atuais.

     

    doi: 10.4336/2012.pfb.32.70.105

  7. Public Sector and Europeanization Challenges

    Directory of Open Access Journals (Sweden)

    Lucica Matei

    2006-04-01

    Full Text Available The paper emphasises the role of the market-type mechanisms within the activity of the organisations from the public sector. The end of the 20th century was defined by the effects of the public sector reform. The public sector is placed within the cultural and political environment of each country and the reforms have aimed to redefine the structures of the state organisations in the economy and the relationships such as market-government, government-bureaucracy, government- citizens, bureaucracy-citizens, civil servants-politicians-citizens. The public sector reform, achieved at the managerial systems, organisational structures and regulations levels is accompanied by specific and structural reforms. Accepting the market-type mechanisms instead of bureaucratic mechanisms, meaning not the simple provision of public services but the creation of some governmental “actors”, functioning completely on commercial bases, supporting the development of the partnerships between the public and private sector, introducing privatisation is achieved in view of creating “the facilitating state”. We discuss about “facilities” such as citizens and society involvement in public businesses, making public administration more citizen-friendly and the state closer to the public need. The citizens’ involvement, as customers in the flow of the public service contributes to creating an organic ensemble characterised by two fundamental dimensions: level and type of influence of the customers and the private-public dichotomy. Synthesising, the relationships and market mechanisms enable to the public sector to get closer to the public needs and to create a modern administration based on efficiency, effectiveness and openness towards change.

  8. Market reforms and public incentives: finding a balance in the Republic of Macedonia.

    Science.gov (United States)

    Nordyke, Robert J; Peabody, John W

    2002-03-01

    The Republic of Macedonia is undertaking sweeping reforms of its health sector. Funded by a World Bank credit, the reforms seek to improve the efficiency and quality of primary health care (PHC) by significantly strengthening the role of the market in health care provision. On the supply-side, one of the key reform proposals is to implement a capitation payment system for PHC physicians. By placing individual physicians on productivity-based contracts, these reforms will effectively marketize all PHC provision. In addition, the Ministry of Health is considering the sale or concessions of public PHC clinics to private groups, indicating the government's commitment to marketization of health care provision. Macedonia is in a unique position to develop a new role for the private sector in PHC provision. The private provision of outpatient care was legalized soon after independence in 1991; private physicians now account for nearly 10% of all physicians and 22% of PHC physicians. If the reforms are fully realized, all PHC physicians-over 40% of all physicians-will be financially responsible for their clinical practices. This study draws on Macedonia's experience with limited development of private outpatient care starting in 1991 and the reform proposals for PHC, finding a network of policies and procedures throughout the health sector that negatively impact private and public sector provision. An assessment of the effects that this greater policy environment has on private sector provision identifies opportunities to strategically enhance the reforms. With respect to established market economies, the study finds justification for a greater role for government intervention in private health markets in transition economies. In addition to micro-level payment incentives and administrative controls, marketization in Central and Eastern Europe requires an examination of insurance contracting procedures, quality assurance practices, public clinic ownership, referral

  9. Analyzing the Long Term Cohesive Effect of Sector Specific Driving Forces.

    Directory of Open Access Journals (Sweden)

    Yonatan Berman

    Full Text Available Financial markets are partially composed of sectors dominated by external driving forces, such as commodity prices, infrastructure and other indices. We characterize the statistical properties of such sectors and present a novel model for the coupling of the stock prices and their dominating driving forces, inspired by mean reverting stochastic processes. Using the model we were able to explain the market sectors' long term behavior and estimate the coupling strength between stocks in financial markets and the sector specific driving forces. Notably, the analysis was successfully applied to the shipping market, in which the Baltic dry index (BDI, an assessment of the price of transporting the major raw materials by sea, influences the shipping financial market. We also present the analysis of other sectors-the gold mining market and the food production market, for which the model was also successfully applied. The model can serve as a general tool for characterizing the coupling between external forces and affected financial variables and therefore for estimating the risk in sectors and their vulnerability to external stress.

  10. An evaluation of the transitional Turkish electricity balancing and settlement market: Lessons for the future

    International Nuclear Information System (INIS)

    Camadan, Ercuement; Erten, Ibrahim Etem

    2011-01-01

    Balancing and settlement market is a crucial part of restructured Turkish electricity market. In this framework, the main purpose of this study is to examine whether the prices constituted in the transitional balancing and settlement market reflect the real cost of imbalances. Although it is observed that the prices are not powerful in indicating the real cost of imbalances, Turkey has the opportunity to form a well-functioning market within the context of planned new market structure. Turkey needs to define a proper roadmap reckoning the points mentioned in this paper to be able to achieve her objectives. (author)

  11. Labor market transitions of immigrants with emphasis on marginalization and self-employment

    DEFF Research Database (Denmark)

    Blume, Kræn; Ejrnæs, Mette; Nielsen, Helena Skyt

    2009-01-01

    In developed countries, immigrants are more likely to be nonemployed and self-employed compared to natives. Based on register data of male immigrants in Denmark, we performed a detailed investigation of the immigrant-native difference in transition patterns across labor market states. We find...

  12. Radical Prosumer Innovations in the Electricity Sector and the Impact on Prosumer Regulation

    Directory of Open Access Journals (Sweden)

    Saskia Lavrijssen

    2017-07-01

    Full Text Available The electricity sector is in a transition towards a Smart Energy System where the roles of private and institutional actors are evolving. This work deals with the influence of some technological innovations, enabling social innovations such peer to peer trading and the participation in local energy collectives, on the regulation of the rights and obligations of consumers and prosumers in the electricity sector. It identifies the main radical innovations in the electricity market and analyses the legal and related non-legal obstacles that may impede the empowerment of energy consumers and prosumers. Some recommendations are provided to ensure that consumers and prosumers are empowered and can benefit from these new technological and social innovations in the electricity market. The recommendations relate to an accurate definition of prosumers and active consumers, the integration of demand response, the evolving role of distribution network operators and the birth of peer-to-peer trading.

  13. Reforming the Russian electricity market

    International Nuclear Information System (INIS)

    Valladares, Mayra Rodriguez

    1999-08-01

    Contains Executive Summary and Chapters on: Overview; Russian energy markets; Evolution of the power sector; The electricity market; Regulation and proposed reforms; Politics in the power sector; Economics of the power sector; Regional differences; Foreign involvement; Valuation and company management; Conclusions. (Author)

  14. Projection of U.S. forest sector carbon sequestration under U.S. and global timber market and wood energy consumption scenarios, 2010-2060

    Science.gov (United States)

    Prakash Nepal; Peter J. Ince; Kenneth E. Skog; Sun J. Chang

    2012-01-01

    This study provides a modeling framework to examine change over time in U.S. forest sector carbon inventory (in U.S. timberland tree biomass and harvested wood products) for alternative projections of U.S. and global timber markets, including wood energy consumption, based on established IPCC/RPA scenarios. Results indicated that the U.S. forest sector’s projected...

  15. Perceived role of marketing activities in the context of transitional economy

    Directory of Open Access Journals (Sweden)

    Sigitas Urbonavičius

    2009-12-01

    Full Text Available The role and importance of various marketing activities within a company is a function of numerous internal and external factors, including those that are typical of transitional economies. These factors are integrated and shaped by managerial perceptions about their overall importance and suitability at a specific moment. Authors analyze opinions among managers of Lithuanian companies about the overall importance of the marketing function in their companies as well as about the importance of specific marketing activities. Special attention is paid to the specifics of managerial per ceptions and opinions during the period of economic uncertainty and recession. The research is based on a survey of 346 managers of primarily manufacturing and trading companies operating in Lithuania. The analysis showed a number of differences in the evaluation of the importance of marketing activities based on the characteristics of companies and their core strategic idea. The research revealed that the importance of pricing and communication activities is growing during a period of economic recession. It also confirmed the existence of a positive relationship between managerial evaluations of the importance of marketing activities and the growth of sales.

  16. Market, Regulation, Market, Regulation

    DEFF Research Database (Denmark)

    Frankel, Christian; Galland, Jean-Pierre

    2015-01-01

    barriers to trade in Europe, realized the free movement of products by organizing progressively several orders of markets and regulation. Based on historical and institutional documents, on technical publications, and on interviews, this article relates how the European Commission and the Member States had......This paper focuses on the European Regulatory system which was settled both for opening the Single Market for products and ensuring the consumers' safety. It claims that the New Approach and Standardization, and the Global Approach to conformity assessment, which suppressed the last technical...... alternatively recourse to markets and to regulations, at the three main levels of the New Approach Directives implementation. The article focuses also more specifically on the Medical Devices sector, not only because this New Approach sector has long been controversial in Europe, and has recently been concerned...

  17. Project-Based Market Competition and Policy Implications for Sustainable Developments in Building and Construction Sectors

    Directory of Open Access Journals (Sweden)

    Min-Ren Yan

    2015-11-01

    Full Text Available Building and construction sectors are significant contributors to the global economy, but their energy consumption necessitates greater commitment to sustainable developments. There is therefore a growing demand for green innovation in the form of cleaner production and policies to meet the modern requirements of sustainability. However, the nature in which public work is undertaken is in an environment of project-based market competition, whereby contractors routinely bid for contracts under specific project awarding systems, and variations are accompanied with the unique scope of individual projects before the final goods or services are delivered. A comprehensive understanding of the characteristics and contractors’ behavior in systems could help to identify the leverage points of policies. This paper proposes a system dynamics model, with quantitative analysis and simulations, to demonstrate the problems of a system with different project awarding systems and ineffective market performance. The framework of market efficiency and performance measures has been proposed to evaluate the project-based competition mechanism. Managerial policy implications for market efficiency and sustainable developments can thus be systematically discussed and compared through iterative computer simulations and scenario analysis.

  18. Restructuring and privatization in energy sector

    International Nuclear Information System (INIS)

    Stojchev, D.; Pyrvanov, V.

    1994-01-01

    The ways of solving problems of the transition period to market economy are discussed. The current conditions in Bulgarian energy sector are defined taking into account different processes, stages, elements, objects. The criteria of the transition -economical. technological, organizational, social, ecological -and the problems - unemployment, requalification, privatization, contamination - are postulated. The recent experience of Bulgaria and other ex-communist countries in restructuring and privatization of the economy are considered. The scope of suitable approaches, methods, means and rates are outlined. The mechanisms of the tackled processes are analyzed by comparative investigation and management ways for impact on different levels are looked for. The possible consequences of given situation, advantages and shortcomings of different alternatives are formulated. The ways for assessment and selection of compromise solutions are proposed. An overall technology for assessment and application of different ways of transition is discussed. Their tools for business estimation of economic units, the legislative, economic and social aspects of the process are scrutiny observed. Some problems of a real example of application of proposed assessment are discussed. Conclusions about methodology and efficiency of different alternatives are made. 2 refs

  19. Impact of Insurance Market on Economic Growth in Post-Transition Countries

    Directory of Open Access Journals (Sweden)

    Phutkaradze Jaba

    2014-12-01

    Full Text Available The purpose of this work is to identify whether the development of an insurance market is linked to economic growth in former transition countries. A multiple regression analysis is employed to estimate the insurance-growth relationship, using a cross-country panel dataset analysis tracking annual total insurance penetration in 10 countries over the 2000-2012 period, and applying a fixed effect model to test the hypothesis that this linkage is demonstrably positive. The results show a negative and statistically non-significant correlation between insurance and GDP growth, suggesting a lack of evidence that insurance promotes economic growth in post-transition economies.

  20. World market of marketing research

    Directory of Open Access Journals (Sweden)

    Samuels John

    2002-01-01

    Full Text Available The value of the total world market market research in the year 2001 was US$15,890 million, a 2.8% increase on the previous year. This is the first of several articles to be published in Research World on the results from ESOMAR's latest annual study on the market research sector worldwide

  1. Vocational Education and Training and Transitions into the Labour Market of Persons with Intellectual Disabilities

    Science.gov (United States)

    Fasching, Helga

    2014-01-01

    The aim of this contribution is to shed light on the following questions: to what extent are labour market policy measures accessible for women and men with ID (intellectual disabilities)? What is the reality of transition to employment for this target group? What is the success rate of women and men with ID accessing labour market policy measures…

  2. Review of Sector and Regional Trends in U.S. Electricity Markets. Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series. Number 1 of 3

    Energy Technology Data Exchange (ETDEWEB)

    Logan, Jeffrey; Medlock III, Kenneth B.; Boyd, William C.

    2015-10-15

    This study explores dynamics related to natural gas use at the national, sectoral, and regional levels, with an emphasis on the power sector. It relies on a data set from SNL Financial to analyze recent trends in the U.S. power sector at the regional level. The research aims to provide decision and policy makers with objective and credible information, data, and analysis that informs their discussions of a rapidly changing energy system landscape. This study also summarizes regional changes in natural gas demand within the power sector. The transition from coal to natural gas is occurring rapidly along the entire eastern portion of the country, but is relatively stagnant in the central and western regions. This uneven shift is occurring due to differences in fuel price costs, renewable energy targets, infrastructure constraints, historical approach to regulation, and other factors across states.

  3. Assessing the Impact of the ECB's Monetary Policy on the Stock Markets: A Sectoral View

    OpenAIRE

    Konstantin Kholodilin; Alberto Montagnoli; Oreste Napolitano; Boriss Siliverstovs

    2008-01-01

    This paper analyzes the response of the European stock markets to the monetary policy shocks by the European Central Bank using the heteroskedasticity based approach of Rigobon (2003). We find that monetary policy tightening has a heterogeneous impact on the Euro Area sectors on the day the monetary policy is publicly announced. Furthermore, we provide statistical evidence against the use of the popular event study approach when assessing the impact of monetary policy shocks on the stock mark...

  4. TESTING FORMARKET ANOMALIES IN DIFFERENT SECTORS OFTHE JOHANNESBURG STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Mpho I. Mahlophe

    2017-01-01

    Full Text Available Thisstudy comparedthe performance of different asset-pricing models and theirability to account for market anomalies in different sectors of the JohannesburgStock Exchange (JSE. The total sample size of the study consisted of 156companies categorised into six differentsectors namely, resources, consumergoods, consumer services, financial, industrial and others.Various asset-pricingmodels such asthe Capital Asset pricing Model(CAPM,the Fama and Frenchthree-factor model andthe Carhartfour-factor model were used to analyse monthlydata from January 2002 to December 2014. Variables used include themonthlystock return for each company and different market anomalies namely, size, value,January and momentum effects. The study revealedthat whenever the asset-pricingmodels were not restricted, they tend to capture the market anomalies in fourout ofthe six sectors. In contrast,when the models are restricted, they only seem to capturetheanomaliesinone of the six examined sectors.Thus,market anomalies aresensitive to model specifications, as restricting the modelstends to reduce thelikelihood of finding the presence of the market anomaliesacross the sectors.Ourfindings also show that market anomaliestend to differ across sectors and somesectors seem to bemore efficient than others.

  5. RELATIONSHIP MARKETING IN THE TOURIST SERVICES SECTOR

    Directory of Open Access Journals (Sweden)

    Maja Cosic

    2010-06-01

    Full Text Available Marketing concept is widely applied in the contemporary conditions of business operations at the tourist market. However traditional marketing concept is more and more subjected to essential changes, firstly through strategic orientation of tourist companies and tourist destinations which are focused at developing relationships with potentional consumers as well as at maintaining and improving relationships with active consumers and stakeholders at the market.This paper is dealing with pointing out essential differences between traditional and relationship marketing, as well as analysing fields of activities in which key changes towards need for relationship marketing implementation are taking place and will take place.

  6. Agora Energiewende (2016). The power market pentagon. A pragmatic power market design for Europe's energy transition

    Energy Technology Data Exchange (ETDEWEB)

    Buck, Matthias; Redl, Christian; Steigenberger, Markus; Graichen, Patrick

    2016-04-15

    As consequence of Europe's climate and energy agenda, the European Union will generate some 50 percent of its electricity from renewables by 2030. By 2050, the EU's power system will have to be completely carbon-free. Solar photovoltaics and wind power - driven by significant cost reductions - will almost certainly contribute the biggest share of the zero-carbon technologies. Given the specific characteristics of wind power and photovoltaics (intermittent generation, high capital costs, very low variable costs), they will fundamentally change both market operations and the market design framework. Decarbonisation rests on continuous investments in these technologies. Usually it is expected that the energy market will deliver these investments, in combination with the emissions trading system. But is this view, based on simple textbook economics, enough to enable the required investments under real world conditions? In this paper, we argue that this rather theoretical view to power market design is not the way forward. Instead, a more pragmatic approach is needed, that takes into account the complex practical, political, and economic challenges of the transition towards a carbon-free power system. Thus, we propose to think of the future European market design as a Power Market Pentagon.

  7. Agora Energiewende (2016). The power market pentagon. A pragmatic power market design for Europe's energy transition

    International Nuclear Information System (INIS)

    Buck, Matthias; Redl, Christian; Steigenberger, Markus; Graichen, Patrick

    2016-01-01

    As consequence of Europe's climate and energy agenda, the European Union will generate some 50 percent of its electricity from renewables by 2030. By 2050, the EU's power system will have to be completely carbon-free. Solar photovoltaics and wind power - driven by significant cost reductions - will almost certainly contribute the biggest share of the zero-carbon technologies. Given the specific characteristics of wind power and photovoltaics (intermittent generation, high capital costs, very low variable costs), they will fundamentally change both market operations and the market design framework. Decarbonisation rests on continuous investments in these technologies. Usually it is expected that the energy market will deliver these investments, in combination with the emissions trading system. But is this view, based on simple textbook economics, enough to enable the required investments under real world conditions? In this paper, we argue that this rather theoretical view to power market design is not the way forward. Instead, a more pragmatic approach is needed, that takes into account the complex practical, political, and economic challenges of the transition towards a carbon-free power system. Thus, we propose to think of the future European market design as a Power Market Pentagon.

  8. Improving energy efficiency: Strategies for supporting sustained market evolution in developing and transitioning countries

    Energy Technology Data Exchange (ETDEWEB)

    Meyers, S.

    1998-02-01

    This report presents a framework for considering market-oriented strategies for improving energy efficiency that recognize the conditions of developing and transitioning countries, and the need to strengthen the effectiveness of market forces in delivering greater energy efficiency. It discusses policies that build markets in general, such as economic and energy pricing reforms that encourage competition and increase incentives for market actors to improve the efficiency of their energy use, and measures that reduce the barriers to energy efficiency in specific markets such that improvement evolves in a dynamic, lasting manner. The report emphasizes how different policies and measures support one another and can create a synergy in which the whole is greater than the sum of the parts. In addressing this topic, it draws on the experience with market transformation energy efficiency programs in the US and other industrialized countries.

  9. Supporting Business Students' Transition into Higher Education: The Case of Marketing Downloads

    Science.gov (United States)

    Anderson, Deborah; Wason, Hilary; Southall, Jane

    2016-01-01

    This paper discusses a student-centred learning and teaching approach, "Marketing Downloads", designed to support students in transition into Higher Education. The move from secondary to tertiary education can be stressful for students and it impacts on their academic performance, their social life and general sense of well-being.…

  10. Study on market policy

    International Nuclear Information System (INIS)

    2008-02-01

    In April 2007 the Dutch Minister of Economic Affairs promised the Lower House a study of the development of the public interests of quality, accessibility and efficiency after the introduction of market liberalization. In the debate on market liberalization in May 2007 the Minister complied with the Lower House?s request to include the consequences of the market liberalization operations on sectoral employment and labor conditions. This study addresses two questions: (1) Which developments occurred in the field of public interests quality, accessibility and efficiency and labor conditions since the introduction of market liberalization? and (2) What general findings and conclusions can be drawn from the implemented market liberalization policy in various sectors? What lessons can be learned for the future? Several sectors have been examined, including large energy users; renewable energy; energy market for medium users; energy (gas and electricity) [nl

  11. International oil market: instability and restructuring

    Energy Technology Data Exchange (ETDEWEB)

    Ayoub, A

    1988-12-01

    The three phenomena which today dominate the international oil market are: 1. the downward price trend since 1981 and the uncertainty about medium and long term price evolution; 2. chronic price instability in the short term; 3. the trend toward new forms of vertical integration and concentration which are now stabilizing a market confronted by a weakening OPEC and free markets which are volatile. The new market restructuring the present period for the international oil sector as a transition period, with the following characteristics: 1. an evident convergence in the motivations of the major oil companies and of a number of OPEC countries, to see a certain stability restored in the oil market based on vertical integration and concentration; 2. markets cannot be stabilized by political agreements between the states, but only by reciprocal financial implications and participations between companies according to the rules of the business world; 3. the market as a whole will still continue for a certain time to be governed by the OPEC-free market pair, with alternating domination by one or the other according to the economic situation. Nevertheless, the longer the market continues to be unstable, the more the trend toward concentration and integration will intensify.

  12. The electric power market in Europe. The stakes and forecasts of the market reconfiguration

    International Nuclear Information System (INIS)

    2002-01-01

    This study takes stock on the eight main european electric power markets. It provides data on the electric power sector, knowledge on the european market competition, it analyzes the european companies mastership and management, the market reconfiguration, it evaluates and compares the financial performance of the sector leaders. (A.L.B.)

  13. Market development study for active solar thermal systems in the institutional, commercial and industrial sectors : final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    Promising market opportunities for the sale of Active Solar Thermal Systems (ASTS) in the institutional, commercial and industrial sectors of the Canadian economy were examined in an effort to identify the main factors for success and the barriers to development of the ASTS market. This report described some of the action plans which could help Natural Resources Canada and the industry to develop these markets. It was noted that a promising ASTS application should have a substantial market. Some of the promising applications for ASTS include air heating applications such as: (1) make-up air to an industrial facility, particularly one that requires a high rate of air flow or air layer destratification, such as in welding operations, paint shops or vehicle maintenance facilities, (2) ventilation to a high-walled commercial or institutional building that requires high air flow such as in schools, recreational facilities, multi-residential or retail buildings, and (3) slow drying applications for crops, lumber or other materials. Promising water heating applications include: (1) high volume low temperature rise applications such as in swimming pools, (2) domestic hot water to high density accommodations such as in hotels, multi-unit dwellings, college residences and military barracks, (3) domestic hot water to an isolated location such as campgrounds or lodges, and (4) process hot water used for water washing in industry, restaurants, farms and car washes. This study concluded that there are many opportunities for sales of ASTS to the institutional, commercial and industrial sectors, but combined efforts are needed by committed members of the community to take advantage of these opportunities. 15 refs., 11 tabs., 2 figs., 4 append.

  14. Gender Equality in Labor Markets: A Survey About the Industry and Service Sectors in Gaziantep

    Directory of Open Access Journals (Sweden)

    Berna Balcı İzgi

    2011-12-01

    Full Text Available This paper presents the findings of a survey on women labor issues in two different sectors –industry and service sectors- in Gaziantep. The main aim is to modify the structure of women labor in Gaziantep. The main characteristics of women labour market for Gaziantep is that women labor participation is sharply decreased after marriage which is a traditional issue. Inaddition entrepreneurship is very high. Besides working years with insurance is quite low in all levels of education. The promotions system do not change with education. Education is a crucial variable in the analysis. For instance, the positions are not assigned according to the education in most of the times. This creates inefficiency in labor markets. Another important finding that the rate of entrepreneurship is very high related with other cities of Turkey. The topics of wages, working hours, the comparison of the appropriateness of the work according to education, cultural activities, satisfaction, pleasure from working have been considered from the aspect of the relationship between the working life and family life and besides, finance deficiency in entrepreneurship, and sex discrimination not clear are the main problems in different ratios. The work and the education were not found as related. The level of social coverage, trade union membership and salaried work does change with education positively

  15. Proceedings of the Tenth forum: Croatian Energy Day: Energy sector liberalisation and privatisation in transition-economy and EU countries: experiences and perspectives

    International Nuclear Information System (INIS)

    2001-01-01

    Political and economic changes in Europe provided an impetus for the creation of an open energy market with an increasing number of participants, while the new energy sale and purchase system enabled everybody engaged (from producers to operators and consumers) to take over an active part. In the launching of these processes some documents played a decisive role: European Energy Treaty, European Union's Directives on Electricity and Gas Market Liberalisation of the Member Countries. Energy sector liberalisation was in most of the countries carried out in two steps, i.e. first the restructuring took place and than privatisation followed. Restructuring covers the change of organisation and economic relations with the aim of increasing efficiency and cost reduction, and privatisation is the process that ought to enable the creation of a market and competition. Market and competition creation is carried out by means of structural changes, i.e. by business and ownership unbundling (energy generation, transport/transmission and distribution). Energy market strengthening depends on energy efficiency, programmes, utilisation of renewable energy sources, co-generation share in the production of electric and thermal energy, etc. All of these activities are followed by adequate legislative framework as well as by defining a regulatory body to supervise the behaviour of the participants. The primary energy sector's reform concept in the Republic of Croatia was a clear political goal that Croatia become a member of the European Union and that the energy market be congruent to the EU market

  16. Market Survey Turkey. Electricity Market

    International Nuclear Information System (INIS)

    2008-12-01

    The present market survey presents the Turkish power market and derives business opportunities and prospects for Dutch trade and industry. This market survey has been carried out for the following four, from time to time overlapping, sectors that have been identified by EVD as potential opportunities for Dutch small and medium-sized enterprises (SME): renewable energy, energy efficiency, electricity generation, electricity distribution

  17. An Empirical Investigation of Risk-Return Relations in Chinese Equity Markets: Evidence from Aggregate and Sectoral Data

    Directory of Open Access Journals (Sweden)

    Thomas C. Chiang

    2018-03-01

    Full Text Available This paper investigates the risk-return relations in Chinese equity markets. Based on a TARCH-M model, evidence shows that stock returns are positively correlated with predictable volatility, supporting the risk-return relation in both aggregate and sectoral markets. Evidence finds a positive relation between stock return and intertemporal downside risk, while controlling for sentiment and liquidity. This study suggests that the U.S. stress risk or the world downside risk should be priced into the Chinese stocks. The paper concludes that the risk-return tradeoff is present in the GARCH-in-mean, local downside risk-return, and global risk-return relations.

  18. Energy Efficiency Market Report 2013: Market Trends and Medium-Term Prospects

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-07-01

    Energy efficiency has been referred to as a ''hidden fuel'', one that extends energy supplies, increases energy security, lowers carbon emissions and generally supports sustainable economic growth. Yet it is hiding in plain sight: in 2011, investments in the energy efficiency market globally were at a similar scale to those in renewable energy or fossil-fuel power generation. The Energy Efficiency Market Report provides a practical basis for understanding energy efficiency market activities, a review of the methodological and practical challenges associated with measuring the market and its components, and statistical analysis of energy efficiency and its impact on energy demand. It also highlights a specific technology sector in which there is significant energy efficiency market activity, in this instance appliances and ICT. The report presents a selection of country case studies that illustrate current energy efficiency markets in specific sectors, and how they may evolve in the medium term. The energy efficiency market is diffuse, varied and involves all energy-consuming sectors of the economy. A comprehensive overview of market activity is complicated by the challenges associated with quantifying the components of the market and the paucity of comparable reported data. This report underscores how vital high-quality and timely energy efficiency data is to understanding this market.

  19. Phase I of The National Beef Quality Audit-2011: quantifying willingness-to-pay, best-worst scaling, and current status of quality characteristics in different beef industry marketing sectors.

    Science.gov (United States)

    Igo, J L; VanOverbeke, D L; Woerner, D R; Tatum, J D; Pendell, D L; Vedral, L L; Mafi, G G; Moore, M C; McKeith, R O; Gray, G D; Griffin, D B; Hale, D S; Savell, J W; Belk, K E

    2013-04-01

    The National Beef Quality Audit (NBQA)-2011 benchmarked the current status of and assessed progress being made toward quality and consistency of U.S. cattle, carcasses, and beef products after the completion of the first NBQA in 1991. Unlike previous NBQA, objectives of the 2011 Phase I study were to determine how each beef market sector defined 7 quality categories, estimate willingness-to-pay (WTP) for the same quality categories by market sector, and establish a best-worst (B/W) scaling for the quality categories. Structured face-to-face interviews were conducted and responses were recorded using dynamic routing software over an 11-mo period (February to December 2011) with decision makers in each of the following beef market sectors: Feeders (n = 59), Packers (n = 26), Food Service, Distribution, and Further Processors (n = 48), Retailers (n = 30), and Government and Allied Industries (n = 47). All respondents participated in a structured interview consisting of WTP and B/W questions that were tied to 7 quality categories and then were asked to "define" each of the 7 categories in terms of what the category meant to them, resulting in completely unbiased results. The 7 quality categories were a) how and where the cattle were raised, b) lean, fat, and bone, c) weight and size, d) cattle genetics, e) visual characteristics, f) food safety, and g) eating satisfaction. Overall, "food safety" and "eating satisfaction" were the categories of greatest and second most importance, respectively, to all beef market sectors except for Feeders. Feeders ranked "how and where the cattle were raised" and "weight and size" as the most important and second most important, respectively. Overall, "how and where the cattle were raised" had the greatest odds of being considered a nonnegotiable requirement before the raw material for each sector would be considered for purchase and was statistically more important (P market sectors were considered, "eating satisfaction" was shown to

  20. Limits to the introduction of market institutions in a sector of income

    International Nuclear Information System (INIS)

    Locatelli, C.; Finon, D.

    2003-01-01

    This article uses an empirical study to test the validity of the liberal approach of market transition. The example chosen is the reform (privatization) of the Russian hydrocarbons industry. This case has been chosen because it represents an extreme case of inadequateness of the measures preconized by the Washington consensus with respect to the institutional environment. It represents also a typical case of opportunistic adaptation of the behaviour of private and government actors to the rough enforcement of market institutions to a very specific institutional environment. The inadequateness of these institutions with the initial informal institutions has led to adaptations totally dependent of the institutional path with the necessity of preserving a minimum inter-industrial consistency. On the other hand, it seems that the uncertainty about the property rights in general is tightly correlated with the abundance of exploitable and exportable natural resources. (J.S.)

  1. Integration of Financial Markets in Post Global Financial Crises and Implications for British Financial Sector: Analysis Based on A Panel VAR Model

    OpenAIRE

    Nasir, M; Du, M

    2017-01-01

    This study analyses the dynamics of integration among global financial markets in the context of Global Financial Crisis (2008) by employing a Panel Vector Autoregressive (VAR) model on the monthly data of nine countries and three markets from Jan 2003 to Oct 2015. It was found that there has been a shift in the association among the global financial markets since Global Financial Crisis (GFC).Moreover, the British financial sectors in Post-GFC world clearly showed a change in the association...

  2. Comportamiento del sector de alimentos y bebidas y los elementos del marketing mix en la Ciudad de Quito

    Directory of Open Access Journals (Sweden)

    Diego Alfredo Salazar Duque

    2016-12-01

    Full Text Available Generalmente, se ha considerado que distintos criterios de los elementos que conforman el marketing mix tradicional influyen significativamente en el comportamiento de los sectores de servicios. Esta investigación tiene como objetivo analizar y determinar el comportamiento del sector de alimentos y bebidas y su relación con algunos criterios que forman parte de los elementos del marketing mix tradicional en la ciudad de Quito. Para ello, se formulan cuatro hipótesis que son contrarrestadas por medio de una interpretación de datos en forma cuantitativa o cualitativa. Como resultado, se concluye que la geografía, la dimensión gastronómica, los movimientos gastronómicos y la promoción no inciden de forma significativa en el comportamiento del mercado en la ciudad de Quito, a diferencia de la relación significativa que existe entre la zona geográfica, el precio del plato y la capacidad máxima de clientes de un establecimiento de alimentos y bebidas al momento de cubrir una demanda en el mercado de esta ciudad.

  3. Assessing the stock market volatility for different sectors in Malaysia by using standard deviation and EWMA methods

    Science.gov (United States)

    Saad, Shakila; Ahmad, Noryati; Jaffar, Maheran Mohd

    2017-11-01

    Nowadays, the study on volatility concept especially in stock market has gained so much attention from a group of people engaged in financial and economic sectors. The applications of volatility concept in financial economics can be seen in valuation of option pricing, estimation of financial derivatives, hedging the investment risk and etc. There are various ways to measure the volatility value. However for this study, two methods are used; the simple standard deviation and Exponentially Weighted Moving Average (EWMA). The focus of this study is to measure the volatility on three different sectors of business in Malaysia, called primary, secondary and tertiary by using both methods. The daily and annual volatilities of different business sector based on stock prices for the period of 1 January 2014 to December 2014 have been calculated in this study. Result shows that different patterns of the closing stock prices and return give different volatility values when calculating using simple method and EWMA method.

  4. Multifractality of sectoral price indices: Hurst signature analysis of Cantillon effects in disequilibrium factor markets

    Science.gov (United States)

    Mulligan, Robert F.

    2014-06-01

    This paper presents Hurst exponent signatures from time series of aggregate price indices for the US over the 1975-2011 time period. Though all highly aggregated, these indices include both broad measures of consumer and producer prices. The constellation of prices evolves as a complex system throughout processes of production and distribution, culminating in the final delivery of output to consumers. Massive feedback characterizes this system, where the demand for consumable output determines the demand for the inputs used to produce it, and supply scarcities for the necessary inputs in turn determine the supply of the final product. Prices in both factor and output markets are jointly determined by interdependent supply and demand conditions. Fractal examination of the interplay among market prices would be of interest regardless, but added interest arises from the consideration of how these markets respond to external shocks over the business cycle, particularly monetary expansion. Because the initial impact of monetary injection is localized in specific sectors, the way the impact on prices diffuses throughout the economy is of special interest.

  5. Does the Wage Gap between Private and Public Sectors Encourage Political Corruption?

    Science.gov (United States)

    Podobnik, Boris; Vukovic, Vuk; Stanley, H. Eugene

    2015-01-01

    We present a dynamic network model of corrupt and noncorrupt employees representing two states in the public and private sector. Corrupt employees are more connected to one another and are less willing to change their attitudes regarding corruption than noncorrupt employees. This behavior enables them to prevail and become the majority in the workforce through a first-order phase transition even though they initially represented a minority. In the model, democracy—understood as the principle of majority rule—does not create corruption, but it serves as a mechanism that preserves corruption in the long run. The motivation for our network model is a paradox that exists on the labor market. Although economic theory indicates that higher risk investments should lead to larger rewards, in many developed and developing countries workers in lower-risk public sector jobs are paid more than workers in higher-risk private sector jobs. To determine the long-run sustainability of this economic paradox, we study data from 28 EU countries and find that the public sector wage premium increases with the level of corruption. PMID:26495847

  6. Does the Wage Gap between Private and Public Sectors Encourage Political Corruption?

    Science.gov (United States)

    Podobnik, Boris; Vukovic, Vuk; Stanley, H Eugene

    2015-01-01

    We present a dynamic network model of corrupt and noncorrupt employees representing two states in the public and private sector. Corrupt employees are more connected to one another and are less willing to change their attitudes regarding corruption than noncorrupt employees. This behavior enables them to prevail and become the majority in the workforce through a first-order phase transition even though they initially represented a minority. In the model, democracy-understood as the principle of majority rule-does not create corruption, but it serves as a mechanism that preserves corruption in the long run. The motivation for our network model is a paradox that exists on the labor market. Although economic theory indicates that higher risk investments should lead to larger rewards, in many developed and developing countries workers in lower-risk public sector jobs are paid more than workers in higher-risk private sector jobs. To determine the long-run sustainability of this economic paradox, we study data from 28 EU countries and find that the public sector wage premium increases with the level of corruption.

  7. Does the Wage Gap between Private and Public Sectors Encourage Political Corruption?

    Directory of Open Access Journals (Sweden)

    Boris Podobnik

    Full Text Available We present a dynamic network model of corrupt and noncorrupt employees representing two states in the public and private sector. Corrupt employees are more connected to one another and are less willing to change their attitudes regarding corruption than noncorrupt employees. This behavior enables them to prevail and become the majority in the workforce through a first-order phase transition even though they initially represented a minority. In the model, democracy-understood as the principle of majority rule-does not create corruption, but it serves as a mechanism that preserves corruption in the long run. The motivation for our network model is a paradox that exists on the labor market. Although economic theory indicates that higher risk investments should lead to larger rewards, in many developed and developing countries workers in lower-risk public sector jobs are paid more than workers in higher-risk private sector jobs. To determine the long-run sustainability of this economic paradox, we study data from 28 EU countries and find that the public sector wage premium increases with the level of corruption.

  8. Regulation and competition issues in Thai electricity sector

    International Nuclear Information System (INIS)

    Wisuttisak, Pornchai

    2012-01-01

    This paper explores the issues related to regulatory reform and liberalisation leading toward competition in the Thai electricity sector, which is still under the monopoly control of state-owned enterprises (SOEs). Following an overview of the current market structure of the Thai electricity sector, the process of liberalisation and deregulation that contributes to the uncompetitive market structure under SOEs’ control is examined. The author asserts that there are problems within the Energy Commission and the Energy Industry Act BE 2550 (2007) that contribute to the continuance of an uncompetitive electricity supply. Possible reforms to the Thai electricity regulation are proposed with the aim of creating market competition and efficiency in the Thai electricity sector. - Highlights: ► Author studies on the regulatory reform and a development of liberalisation plans on Thai electricity sector. ► The paper presents that the liberalisation plan was affected by the government implementation on electricity corporatisation. ► The paper asserts that the current energy regulation will not lead to market reform and competition in electricity. ► The paper also discusses on the current monopoly structure of Thai electricity sector under state owned enterprises. ► The paper concludes that Thailand needs an appropriate regulatory reform for building competition in electricity sector.

  9. Understanding Money Demand in the Transition from a Centrally Planned to a Market Economy

    OpenAIRE

    Delatte, Anne-Laure; Fouquau, Julien; Holz, Carsten

    2013-01-01

    Fundamental changes in institutions during the transition from a centrally planned to a market economy present a formidable challenge to monetary policy decision makers. For the case of China, we examine the institutional changes in the monetary system during the process of transition and develop money demand functions that reflect these institutional changes. We consider seasonal unit roots and estimate long run, equilibrium money demand functions, explicitly taking into consideration the ch...

  10. Sectoral variation in consequences of intra-European labour migration

    DEFF Research Database (Denmark)

    Refslund, Bjarke

    2016-01-01

    Intra-European labour migration has divergent labour market consequences across institutional settings and economic sectors. Some sectors experience increasing pressure on industrial relations and labour market segmentation while others do not experience such effects, and it remains unclear how...

  11. Improving market access opportunities for urban small, medium and micro-enterprises in South Africa

    Directory of Open Access Journals (Sweden)

    Christian M. Rogerson

    2013-01-01

    Full Text Available Since the democratic transition of 1994, the promotion of the small, medium and micro-enterprise (SMME economy has been a core focus of South African government policy. With high levels of unemployment and poverty in urban areas, the impact of this policy intervention is most critical for city development. Given South Africa’s chequered history, the national government’s focus is on transforming the prospects for enterprises owned by black South Africans, who were disadvantaged under apartheid. This article examines the range of contemporary policy initiatives to address business constraints on market access and catalyse new market opportunities for black-owned enterprises in urban South Africa. The article concentrates on two themes: 1 building links into private sector supply chains, especially through supplier diversity, and 2 building links into public sector markets through public procurement. It is shown that current policy directions recognise that the national government has a limited capacity to implement SMME improvement and build competitive black-owned SMMEs by itself, which has prompted support for private sector initiatives. In addition, the government is struggling to practice what it preaches and use its own procurement capacity to assist black-owned SMMEs.

  12. Inbound Marketing - the most important digital marketing strategy

    OpenAIRE

    PATRUTIU-BALTES Loredana

    2017-01-01

    Digital marketing has a major importance in the marketing strategy of any company regardless of sector, size or country of origin. Thus, more than ever, in order to remain competitive, companies are forced to exploit this form of marketing, which essentially can bring huge benefits at low costs. The main form of digital marketing is the inbound marketing, which represents an organic marketing form, based on the close relationship ...

  13. Got ACTs? Availability, price, market share and provider knowledge of anti-malarial medicines in public and private sector outlets in six malaria-endemic countries.

    Science.gov (United States)

    O'Connell, Kathryn A; Gatakaa, Hellen; Poyer, Stephen; Njogu, Julius; Evance, Illah; Munroe, Erik; Solomon, Tsione; Goodman, Catherine; Hanson, Kara; Zinsou, Cyprien; Akulayi, Louis; Raharinjatovo, Jacky; Arogundade, Ekundayo; Buyungo, Peter; Mpasela, Felton; Adjibabi, Chérifatou Bello; Agbango, Jean Angbalu; Ramarosandratana, Benjamin Fanomezana; Coker, Babajide; Rubahika, Denis; Hamainza, Busiku; Chapman, Steven; Shewchuk, Tanya; Chavasse, Desmond

    2011-10-31

    Artemisinin-based combination therapy (ACT) is the first-line malaria treatment throughout most of the malaria-endemic world. Data on ACT availability, price and market share are needed to provide a firm evidence base from which to assess the current situation concerning quality-assured ACT supply. This paper presents supply side data from ACTwatch outlet surveys in Benin, the Democratic Republic of Congo (DRC), Madagascar, Nigeria, Uganda and Zambia. Between March 2009 and June 2010, nationally representative surveys of outlets providing anti-malarials to consumers were conducted. A census of all outlets with the potential to provide anti-malarials was conducted in clusters sampled randomly. 28,263 outlets were censused, 51,158 anti-malarials were audited, and 9,118 providers interviewed. The proportion of public health facilities with at least one first-line quality-assured ACT in stock ranged between 43% and 85%. Among private sector outlets stocking at least one anti-malarial, non-artemisinin therapies, such as chloroquine and sulphadoxine-pyrimethamine, were widely available (> 95% of outlets) as compared to first-line quality-assured ACT (sector, first-line quality-assured ACT was available for free in all countries except Benin and the DRC (US$1.29 [Inter Quartile Range (IQR): $1.29-$1.29] and $0.52[IQR: $0.00-$1.29] per adult equivalent dose respectively). In the private sector, first-line quality-assured ACT was 5-24 times more expensive than non-artemisinin therapies. The exception was Madagascar where, due to national social marketing of subsidized ACT, the price of first-line quality-assured ACT ($0.14 [IQR: $0.10, $0.57]) was significantly lower than the most popular treatment (chloroquine, $0.36 [IQR: $0.36, $0.36]). Quality-assured ACT accounted for less than 25% of total anti-malarial volumes; private-sector quality-assured ACT volumes represented less than 6% of the total market share. Most anti-malarials were distributed through the private sector

  14. India's Downstream Petroleum Sector

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This study provides a holistic examination of pricing and investment dynamics in India's downstream petroleum sector. It analyses the current pricing practices, highlights the tremendous fiscal cost of current pricing and regulatory arrangements, and examines the sectoral investment dynamics. It also looks at potential paths towards market-based reform along which the Indian government may move, while at the same time protecting energy market access for India's large poor population.

  15. Market Potential Estimation for Tourism in Emerging Markets

    Directory of Open Access Journals (Sweden)

    Baimai, Chaiwat

    2009-10-01

    Full Text Available The objective of this paper was to develop a useful framework for estimating demand for tourism in emerging markets. Tourism has become one of the most crucial sectors in a large number of emerging countries. Moreover, the tourism industry in such markets is forecasted to keep increasing in the next decade. Hence, understanding and accurately forecast demand in the industry is essential in order to manage this sector effectively. Using stepwise regression analysis, we found a number of important variables in estimating demand for tourism in emerging markets. Our regression model can benefit travel agencies and policy makers dealing with the tourism industry.

  16. A New View at the Planning Marketing Popular Products: Exploratory Study Electronics Sector with Companies in Brazil.

    Directory of Open Access Journals (Sweden)

    Evange Elias Assis

    2015-06-01

    Full Text Available The increased consumption of appliance and electronic products by lower-income population represented a growth opportunity for companies in the sector. The overall objective of this paper is to investigate how appliance and electronic product manufacturers draw up their marketing planning for low-end products. An exploratory approach was taken in this study, comprising the literature review and the empirical research which was conducted in two stages by combining the qualitative and quantitative approaches. The study group comprised companies affiliated with National Association of Appliance and Electronic Product Manufacturers (ELETROS. Results indicate that in 87.5% of cases the marketing planning focuses on the product. The companies are concerned to differentiate the low-end products on the market mainly by design (87.5% and innovation (62.5%. Within this context, it seems that the opportunity for growth of the appliance and electronic product companies can be boosted when implementing specific marketing planning for low-end products. Innovation is needed in all processes from project design of the product to its distribution. 

  17. An Assessment of "Sustainable Competitive Advantage" for Artex Limited, within the UK DIY Multiple Market Sector

    OpenAIRE

    Chambers, Craig Stephen

    2007-01-01

    Synopsis This dissertation critically examines the business of Artex Limited and the industry that it operates within, in the context of serving the UK DIY multiple market, a sector that the company is highly reliant on from a turnover and profit perspective. Through the practical application of a number of strategic assessment frameworks, and in conjunction with a study of the relevant literature, the principle objective is to test for empirical evidence of competitive advantage within ...

  18. Chances for biomass transition. Determination of the route after the first stage

    International Nuclear Information System (INIS)

    Schoof, A.; Bergsma, G.; Van Dijk, G.; Elbersen, W.; De Jong, J.; Kwant, K.; De Zwart, M.

    2002-12-01

    To create a sustainable energy supply (reliable, economically efficient and climate neutral)in the long-term perspective we need a transition: changes in technology, the economy and social structures over a long period. In the Netherlands the Ministry of Economic Affairs (EZ) initiated a energy transition. The transition to a sustainable energy supply will not be realised through market forces alone. On the other hand government can not depart from self made, definitive ideas in which choices are made for a long-term period and cannot rely only on existing policy instruments (regulation, subsidies, fiscal arrangements). Existing and new initiatives in society should be identified, challenged and stimulated on the basis of a shared concept of sustainability. A process should be set in motion in which long-term and short term-actions of the government and social partners reinforce each other and which gives those concerned maximum incentives to produce system innovations. This style of policy making is what we call transition management. Market parties together with EZ drew up a detailed review of likely initiatives, including the following five key elements: Biomass International; New gas services; Sustainable industrial production; Towards a renewable Rijnmond; and Policy renewal. Certainly for the Netherlands, with its large-scale chemical and energy-intensive industry and as an international distribution centre, biomass is an extremely appealing option. A transition to biomass can be exploited in the chemicals sector, the gas sector, the agro-industry, logistics and intensive agriculture. In the coming decades, biomass will become an increasingly important raw material both for energy production and as transport fuels, products and chemicals. By committing to this, the Netherlands can play a pivotal role in this future 'Biobased Economy'. Scope for the future of a transition to biomass will be elaborated on in the coming months [nl

  19. Market Structure and Market Access

    OpenAIRE

    Joseph Francois; Ian Wooton

    2008-01-01

    The authors examine an issue at the nexus of domestic competition policy and international trade, the interaction between goods trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service-sector competition and goods trade supported by econometrics involving imports of 22 OECD countries compared with 69 exporters. Competition in serv...

  20. Molybdenum market in transition

    International Nuclear Information System (INIS)

    Sutulov, A.

    1980-01-01

    Since the beginning of 1980 - after seven years of constant unbalance between supply and demand of molybdenum, characterized by a demand overhang and after two years of unprecedented spot market prices - clear signals for a consolidation of the molybdenum market can be recognized. (orig.) [de

  1. The Marketing 6 Conference; Le congres Marketing 6

    Energy Technology Data Exchange (ETDEWEB)

    Jego, H. [Gaz de France (GDF), 75 - Paris (France)

    1995-12-01

    The Marketing 6 congress has taken place in Cannes (France) from May 31 to June 2, 1995, with 600 participants from about 20 countries. It was organized by the Intergas Marketing Organization which concerns 19 member countries distributed worldwide. This paper is a report of this congress and is organized as a series of articles. The first article gives a first overview of the congress and a synthesis of the oral communications from natural gas industry personalities. The following articles are summaries of the talks given in each theme: the residential sector (customers services and information, heat and apparatus selling, safety control, improvement and optimization of natural gas use); the tertiary sector (stakes, engineering, market, and assets of natural gas, weaknesses, strategies and action plans); the industrial sector (technical assistance, customers service, wastes valorization and elimination, environment protection, low-power gas turbines); natural gas propulsion systems (vehicle refueling system), cogeneration and power production (gas turbine and fuel cells). Four round-tables were also organized on the following topics: communication (opportunities, targets, threats); environment (air quality, noise, wastes, soils and ground waters quality, materials recycling, apparatus adjustments and performances, new products, counsels); natural gas marketing in Central Europe countries; marketing studies. (J.S.). 1 fig. 15 photos.

  2. Relevant factors for the impact of social media marketing strategies: Empirical study of the internet travel agency sector

    OpenAIRE

    Lebherz, Philipp Robert

    2011-01-01

    Projecte final de carrera fet en col.laboració amb Karlsruher Institut für Technologie English: Final proyect with the topic "relevant factors for the impact of social media marketing strategies - an empirical study of the internet travel agency sector" at Faculty of Informatics and the chair of management. Supervised by Ferran Sabaté and Antonio Cañabate. Student Philipp Lebherz.

  3. Carbon and Energy Saving Financial Opportunities in the Industrial Compressed Air Sector

    Science.gov (United States)

    Vittorini, Diego; Cipollone, Roberto

    2017-08-01

    The transition towards a more sustainable energy scenario calls for both medium-to-long and short term interventions, with CO2 reduction and fossil fuel saving as main goals for all the Countries in the World. Among all others, one way to support these efforts is the setting-up of immaterial markets able to regulate, in the form of purchase and sales quotas, CO2 emissions avoided and fossil fuels not consumed. As a consequence, the upgrade of those sectors, characterized by high energy impact, is currently more than an option due to the related achievable financial advantage on the afore mentioned markets. Being responsible for about 10% electricity consumption in Industry, the compressed air sector is currently addressed as extremely appealing, when CO2 emissions and burned fossil fuels saving are in question. In the paper, once a standard is defined for compressors performances, based on data from the Compressed Air and Gas Institute and PNEUROP, the achievable energy saving is evaluated along with the effect in terms of CO2 emissions: with reference to those contexts in which mature intangible markets are established, an estimation of the financial benefit from savings sale on correspondent markets is possible, in terms of both avoided CO2 and fossil fuels not burned. The approach adopted allows to extend the analysis results to every context of interest, by applying the appropriate emission factor to the datum on compressor specific consumption.

  4. Preferential treatment in transition economy the case of state-owned enterprises in the textile and garment industry in Vietnam

    OpenAIRE

    Knutsen, Hege Merete; Nguyen, Cuong Manh

    2004-01-01

    The article examines the role and contribution of preferential treatment of state enterprises to growth in the textile and garment industry. State enterprises are still the largest single sector in the textile and garment industry in Vietnam, but are losing market shares to private Vietnamese enterprises and foreign-owned enterprises despite the benefits that they enjoy. However, in the present context of economic transition and keen competition in the global market, well-managed state enterp...

  5. Follow the Leaders: competition in the Brazilian Auto Financing Sector

    Directory of Open Access Journals (Sweden)

    Rodrigo M. S. Moita

    2014-09-01

    Full Text Available This study seeks to understand the competitive pattern and strategy of the firms in the Brazilian automobile financing market. First, we analyzed the strong segmentation observed in this market, determining market niches. We then estimated reaction functions to price changes. The results indicated that the three largest companies in the sector have a strong influence on interest rate setting within the entire segment. This phenomenon characterizes the competition of this sector as the leader-follower type, rather than Bertrand competition, the latter of which is often expected in the banking sector and it demonstrates the existence of the leading firms' market power.

  6. The Modeling of Competitive Positions of Enterprises of Real Sector of Economy in the Domestic Market

    Directory of Open Access Journals (Sweden)

    Kutsyk Valentuna A.

    2017-12-01

    Full Text Available Topicality of rational choice of methodical instrumentaqrium in assessing competitive positions of enterprises is substantiated. A wide list of methodical approaches to assessment of competitive positions of enterprises in market environment is presented, and the spheres of their practical application, general disadvantages and advantages, are characterized. The characteristics of matrix models (GE/McKinsey, SHELL/DPM, PIMS, BCG are presented on a selective basis, so that, proceeding from a wide range of models, supported by the proper information provision, they can be assigned as the exact ones. Given the lack of information provision, disadvantages, and advantages of existing models and considering it as a means of system management, the authors have proposed to use the map of the «portfolio of competitive advantages» in the form of a nine-celled model matrix (3x3 with two-dimensional system of coordinates. The proposed model of «competitiveness / share of the national market» is an expression of competitive position of enterprises of the real sector of economy taking into consideration dynamic influence of factors of competitive environment and, at the same time, a methodical means for substantiation of competitive strategy. However, an important step in choosing the basic variant of competitive strategy for an enterprise in the real sector of economy is to determine the functional objectives to its efficient implementation.

  7. Incidence of variables in the Transfer of Tacit Knowledge of Marketing in the hotel sector of Playa del Carmen city, Mexico.

    Directory of Open Access Journals (Sweden)

    José Luis Zapata

    2017-01-01

    Full Text Available Esta investigación permitió validar un modelo de influencia de la intención de aprendizaje de market‑ ing, motivación personal y capacidad de absorción de conocimiento de marketing en la adquisición de conocimien‑ to tácito de marketing y esto a su vez en la transferencia de conocimiento tácito de marketing entre los empleados de pequeñas y medianas empresas hoteleras en la ciudad de Playa del Carmen, Quintana Roo, México. A través de una investigación cuantitativa y transversal, se integraron 229 empleados del sector hotelero. Los resultados mostraron que la motivación personal y la intención de aprender marketing intervienen positivamente en la adquisición de conocimiento tácito de marketing y, con influencia de la capacidad de absorción del conocimiento de marketing, impactan directamente la transferencia de conocimiento tácito de marketing.

  8. Institutional Interfaces and Actors’ Behavior in Transitional Real Estate Markets of Addis Ababa (Ethiopia)

    NARCIS (Netherlands)

    F.M. Truneh (Frew)

    2013-01-01

    markdownabstract__Abstract__ With the collapse of communism in the early 1990s which heralded the transition from centrally planned economy to free market economy, the issues of property rights and the role of institutions in development have become of paramount importance. However, compared

  9. Political economy of renewable energy policy in Germany. A consideration of the policy making process in the electricity market under the influence of interest groups

    International Nuclear Information System (INIS)

    Mueller, Tom

    2015-01-01

    In the research, it is argued that the targeted promotion of renewables leads to a change in the technological path dependency on the electricity market or led. The historically market depending portfolio of products in the conventional power industry will be replaced by an increasingly strong dependence on the product portfolio of Renewable Energy Sector according to this argumentation. The present work is devoted to the political explanation of the change and transition process in the electricity market. The process of policy formation in this market (especially support policies for renewable energies) will be discussed. It is examined from a public choice perspective, which political actors and instances in the past were responsible for the development and maintenance of individual policy elements. In particular, in this analysis the different private sector stakeholders in the electricity market move to center of attention. [de

  10. Product-Service System Design Approach for the Base of the Pyramid Markets: Practical Evidence from the Energy Sector in the Brazilian Context

    OpenAIRE

    Da Costa Junior, J.; Diehl, J.C.

    2013-01-01

    In Emerging Markets, the product-service system (PSS) design approach may represent a promising solution as a socially and environmentally sound path to economic development. In addition, the energy sector has a major role for the social-economic development and is central to poverty alleviation. Therefore, this study aims to analyse the challenges of increasing the well-being of the lowincome population by means of proposing functional systems of products and services for the energy sector w...

  11. The French nuclear sector. Situation and predictions 2018 - Sectoral and competitive analysis

    International Nuclear Information System (INIS)

    2017-01-01

    This document comprises two reports. A first one, published and updated three times a year, and a second one which is a yearly publication. The first one, based on an analysis of market perspectives and of actor strategies, proposes a synthesis on the consequences of the evolution of the economic environment, on major trends noticed for the nuclear sector, and on predictable evolutions. It proposes the most recent data regarding the activities of more than 100 firms belonging to the sector (notably in terms of electric power production, of turnover for firms specialised in nuclear maintenance or in the fuel cycle). It highlights recent events for companies of the sector: takeovers, investments, restructuring, introduction of new products, and so on. It proposes a sector-based dashboard which contains all the critical figures useful to analyse the sector situation (activity determining factors, key figures for the sector and its environment). The annual report proposes a general presentation of the sector (determining factors of the activity, operated nuclear plants in the world, nuclear power production in the world, uranium production and consumption in the world, maintenance and improvement expenses on nuclear plants, electric power consumption and shares in power generation by different sources in France), an analysis of the evolution of the sector activity (trends, indicators, financial performance of actors in the maintenance of nuclear plants), an overview of important issues for the profession (growth issue despite the maturity of the French market, implications of intensification of foreign competition, of higher safety requirements, and of a decrease of nuclear energy profitability), and an analysis of the sector economic structure (turnovers, personnel, position of France among world exporters, equipment export structure, key figures for nuclear maintenance). The last part proposes presentations of 20 French actors and data and information sheets for 10

  12. Estimation of the banking sector competition in the CEE countries: The Panzar-Rosse approach

    Directory of Open Access Journals (Sweden)

    Arben Mustafa

    2017-12-01

    Full Text Available Competitive conditions in the banking sectors in the light of transition process in the Central and Eastern Europe countries (CEE has been subject of interest for researchers and policy-makers, especially upon entry of foreign banks and concentrated markets. In this paper the Panzar-Rosse approach is used to assess competition of banking sectors in CEE. By using General Method of Moments on the panel data for 300 banks for the period 1999-2009, empirical evidence indicates that banks operating in the CEE exert monopoly behaviour. From the methodological point of view, the findings suggest that using a price equation or controlling for total assets in a Panzar-Rosse approach produces upwards biased and invalid estimates of the H-statistic. Therefore, further support is provided for maintaining a reducedform revenue equation when estimating a Panzar-Rosse model. The findings also suggest that banks operating in the non-EU countries of the CEE region have exerted stronger market power compared to the banks operating in the EU countries of this region. Policy-makers should improve competitive conditions and general ‘enabling’ environment for the banking sectors, especially the non-EU countries of the CEE region, while balancing competition-stability trade-off.

  13. Temporal condensation and dynamic λ-transition within the complex network: an application to real-life market evolution

    Science.gov (United States)

    Wiliński, Mateusz; Szewczak, Bartłomiej; Gubiec, Tomasz; Kutner, Ryszard; Struzik, Zbigniew R.

    2015-02-01

    We fill a void in merging empirical and phenomenological characterisation of the dynamical phase transitions in complex networks by identifying and thoroughly characterising a triple sequence of such transitions on a real-life financial market. We extract and interpret the empirical, numerical, and analytical evidences for the existence of these dynamical phase transitions, by considering the medium size Frankfurt stock exchange (FSE), as a typical example of a financial market. By using the canonical object for the graph theory, i.e. the minimal spanning tree (MST) network, we observe: (i) the (initial) dynamical phase transition from equilibrium to non-equilibrium nucleation phase of the MST network, occurring at some critical time. Coalescence of edges on the FSE's transient leader (defined by its largest degree) is observed within the nucleation phase; (ii) subsequent acceleration of the process of nucleation and the emergence of the condensation phase (the second dynamical phase transition), forming a logarithmically diverging temporal λ-peak of the leader's degree at the second critical time; (iii) the third dynamical fragmentation phase transition (after passing the second critical time), where the λ-peak logarithmically relaxes over three quarters of the year, resulting in a few loosely connected sub-graphs. This λ-peak (comparable to that of the specific heat vs. temperature forming during the equilibrium continuous phase transition from the normal fluid I 4He to the superfluid II 4He) is considered as a prominent result of a non-equilibrium superstar-like superhub or a dragon-king's abrupt evolution over about two and a half year of market evolution. We capture and meticulously characterise a remarkable phenomenon in which a peripheral company becomes progressively promoted to become the dragon-king strongly dominating the complex network over an exceptionally long period of time containing the crash. Detailed analysis of the complete trio of the

  14. China’s Energy Transition in the Power and Transport Sectors from a Substitution Perspective

    Directory of Open Access Journals (Sweden)

    Shangfeng Han

    2017-04-01

    Full Text Available Facing heavy air pollution, China needs to transition to a clean and sustainable energy system, especially in the power and transport sectors, which contribute the highest greenhouse gas (GHG emissions. The core of an energy transition is energy substitution and energy technology improvement. In this paper, we forecast the levelized cost of electricity (LCOE for power generation in 2030 in China. Cost-emission effectiveness of the substitution between new energy vehicles and conventional vehicles is also calculated in this study. The results indicate that solar photovoltaic (PV and wind power will be cost comparative in the future. New energy vehicles are more expensive than conventional vehicles due to their higher manufacturer suggested retail price (MSRP. The cost-emission effectiveness of the substitution between new energy vehicles and conventional vehicles would be $96.7/ton or $114.8/ton. Gasoline prices, taxes, and vehicle insurance will be good directions for policy implementation after the ending of subsidies.

  15. Government services: sector skills assessment 2012

    OpenAIRE

    Parry, Jon; Ojo, Adegbola

    2012-01-01

    The aim of this report is to provide authoritative labour market intelligence (LMI) for the Government Services sector to inform the strategic decision making of national governments in the development of employment and skills policy. It is one of 15 UK Sector Skills Assessment (SSA) reports produced by Sector Skills Councils and the UK Commission for Employment and Skills.

  16. A STUDY ON INFORMAL MARKET CLUSTER ACTIVITIES CONCENTRATING AROUND MENDI MARKET AREA: IS RELOCATION THE BEST OPTION?

    Directory of Open Access Journals (Sweden)

    Undiri Kima

    2015-02-01

    Full Text Available The market provides a means of survival for the local and urban communities. The local farmers, local artisans, and other informal sectors find the market as their source of income and food and a place of relaxation. They find the market as a place where they meet friends. The article seeks to understand and analyze how informal sectors cluster groups agglomerate in and around the Mendi Local Market (LM area of Papua New Guinea. This research has made particular reference to Street Vendors (SV who are operating their daily activities in and along the market corridor and exert their influences to the LM and the public. The study provides the scenario to understand the impact of the social relations of the informal street vendors and their daily associated influences on LM. This article seeks to trace and to understand how informal market clusters are operating and concentrating around the local market. The conclusion suggests that the relationships of the informal sector, street vendors, and local market should be promoted through an appropriate inclusive policy and regulatory environment.The market provides a means of survival for the local and urban communities. The local farmers, local artisans, and other informal sectors find the market as their source of income and food and a place of relaxation. They find the market as a place where they meet friends. The article seeks to understand and analyze how informal sectors cluster groups agglomerate in and around the Mendi Local Market (LM area of Papua New Guinea. This research has made particular reference to Street Vendors (SV who are operating their daily activities in and along the market corridor and exert their influences to the LM and the public. The study provides the scenario to understand the impact of the social relations of the informal street vendors and their daily associated influences on LM. This article seeks to trace and to understand how informal market clusters are operating

  17. TOURISM MARKET: PRICING ISSUES

    Directory of Open Access Journals (Sweden)

    Irina A. Kiseleva

    2016-01-01

    Full Text Available Article retractedThe article is devoted to the actual topic of our time - the development of tourism services. The development of tourism is the leading technology trend dynamics maroon economic caused social restructuring of modern society. Macroeconomic Financial Statistics conrms the minimum amplitude of cyclical uctuations in the service sector, which turns it into countercyclical tool. In the Russian Federation the economic problem of a state policy in the sphere of tourist services is defined - to having turned tourism in competitive, innovative, countercyclical, and highly protable sector of national business. In article pricing factors are dened and are dened key of them, responsible for the cost of a tourist product. This work answers such questions of travel company as: denition of optimum group, formation of a transport tariff, structure of a tourist product on the main and accompanying services and their range, ways of sale. A practical advice by calculation of expenses is given. Correlation and regression and cluster analyses acted as research tools when performing work. In article the conclusion is drawn that the main methods of marketing management of pricing in the market of tourist services are: transition to the unified technology of granting a service on the basis of ISO; intensication and integration of the sphere of production and services

  18. FACTORES DE INNOVACIÓN EN MARKETING ESTRATÉGICO - UN CASO APLICADO AL SECTOR DEL MUEBLE HOGAR EN ITAGÜI (ANTIOQUIA

    Directory of Open Access Journals (Sweden)

    MARTÍN DARIO ARANGO SERNA

    2008-01-01

    Full Text Available El presente artículo se enmarca dentro de un proyecto que tiene como objetivo analizar el sector del mueble en el municipio de Itagüi (Antioquia. El análisis está dirigido al estudio de los factores principales de innovación tecnológica y desarrollo estratégico de marketing en las empresas de este sector. Explicaremos la importancia que tiene el marketing en el desarrollo de la actividad empresarial y haremos un acercamiento a las estrategias competitivas. Dentro del marco de la empresa, el marketing debe desempeñar unas funciones determinadas orientadas a analizar y comprender el mercado donde se mueva la empresa, identificar las necesidades de los clientes y favorecer y desarrollar una demanda de los productos de la empresa. El conocimiento de los mercados, que corresponde al marketing estratégico, va a permitir a las empresas adecuar las ofertas al mercado. Uno de los objetivos del estudio es determinar si las empresas realizan un plan de Marketing y en que lo centran (lugar, precio, producto y promoción, así como la inversión que realizan. Analizar las estrategias competitivas, estrategias de inversión y conocer las políticas empresariales en cuanto a la formación del personal, adopción de tecnología y financiación. La investigación es de carácter exploratorio y se pretende establecer las bases de estudio necesarias para realizar, con posterioridad a este trabajo, estrategias competitivas que se ajusten a las necesidades de las empresas del mueble en Itagüi (Antioquia.

  19. A New View at the Planning Marketing Popular Products: Exploratory Study Electronics Sector with Companies in Brazil.

    OpenAIRE

    Evange Elias Assis; Francisco Antonio Serralvo; Karen Perrotta Lopes de Almeida Prado

    2015-01-01

    The increased consumption of appliance and electronic products by lower-income population represented a growth opportunity for companies in the sector. The overall objective of this paper is to investigate how appliance and electronic product manufacturers draw up their marketing planning for low-end products. An exploratory approach was taken in this study, comprising the literature review and the empirical research which was conducted in two stages by combining the qualitative and quantitat...

  20. Residential/commercial market for energy technologies

    Energy Technology Data Exchange (ETDEWEB)

    Glesk, M M

    1979-08-01

    The residential/commercial market sector, particularly as it relates to energy technologies, is described. Buildings account for about 25% of the total energy consumed in the US. Market response to energy technologies is influenced by several considerations. Some considerations discussed are: industry characteristics; market sectors; energy-consumption characeristics; industry forecasts; and market influences. Market acceptance may be slow or nonexistent, the technology may have little impact on energy consumption, and redesign or modification may be necessary to overcome belatedly perceived market barriers. 7 figures, 20 tables.

  1. Gas markets: A promising tomorrow starts today

    International Nuclear Information System (INIS)

    Safrance, C.F.

    1991-01-01

    The current state of the natural gas market and the new opportunities provided by the high availability and low price in Ontario are reviewed. Direct purchase opportunities have stimulated renewed interest in natural gas for large-volume users, and aggressive promotion by brokers in central markets has seen expanded use of natural gas by clients who would otherwise be using alternative energy sources. New market segments expected to realize significant gains are outlined. These include gas-fired cogeneration or combined cycle power generation, which could represent an incremental gas load of 100-150 billion ft 3 in the short to medium term. Such a development will be aided by a recently announced Ontario Hydro target of increasing non-utility generation from 2,100 MW to 3,100 MW by the year 2000, and by a government policy to replace electric heating in social housing projects with gas heating. Other market opportunities are in natural gas cooling systems and in the transportation sector, where natural gas fuelled vehicles are being introduced to urban transit systems, taxis, and courier fleets

  2. In-Depth Review of the Investment Climate and Market Structure in the Energy Sector. Uzbekistan

    International Nuclear Information System (INIS)

    2005-01-01

    are yet only permitted to acquire minority shareholdings, which limits their interests considerably. The government is actively working on overcoming these shortcomings, for example by eventually extending long-term operational management contracts to investors in the energy sector. In addition, some production sharing agreements worth billions of dollars have been concluded for oil and gas exploration and production. As far as the downstream oil and gas sector is concerned, the market continues to be dominated by the vertically integrated state enterprise UzbekNefteGaz National Holding Company ('UNG'). There are plans to offer up to 49 percent of the shares in UNG and its subsidiaries to foreigners. In the electricity sector, legal unbundling has resulted in the establishment of a state joint stock company UzbekEnergo and several subsidiaries, being active in electricity transmission, distribution, and coal mining. Once again, there is a plan to sell up to 49 percent of the shares in these companies to foreign investors. Uzbekistan has now embarked on the way to become a more attractive destination for foreign investors in the energy sector. The process of restructuring and privatisation is still in a relatively early stage, but the Uzbek government is now willing to open the energy sector to foreign investors more broadly. A full and effective implementation of the pricing and tariff reform, as well as the establishment of an independent regulator, are other key challenges. In addition, the legislative framework for foreign investors needs further development and streamlining. In this respect, it should be noted that a separate petroleum law and electricity law do not exist. However, a new package of laws and regulatory acts is expected to be adopted by the end of 2005 to advance and build upon the favorable trends observed recently. Overall, the political measures implemented over the past two to three years with a view to restructure the energy sector and convert

  3. Financial Sector Assessment : Morocco

    OpenAIRE

    World Bank; International Monetary Fund

    2017-01-01

    A joint International Monetary Fund (IMF)-World Bank mission visited Rabat and Casablanca in 2015, to assess the soundness and resilience of the banking system, the state of play in financial inclusion and infrastructure, the oversight frameworks for banking, capital markets and financial market infrastructures, crisis preparedness, and update the findings of the Financial Sector Assessme...

  4. Marketing Integration for the Implementation of Territorial and Sectoral Approach to the Management of Electricity Development

    Directory of Open Access Journals (Sweden)

    Ivan A. Unshchikov

    2017-06-01

    Full Text Available This article contains a proposal for a new approach to management of development of electric power in the multi-level governance system. To improve the effectiveness of the multi-level governance is offered by the wide use of marketing. Tools of investment marketing can be used to match demand and supply, using all levels of management. To do this, the subjects at every level of government carried out an identical procedure horizontal integration of sectoral and territorial marketing. Isolated, and then analyzed and evaluated by territorial competitive position and industry competitive position. Then, based on analysis and evaluation of produced competitive position produced directions of development and formed investment proposals. After conducted custom PESTanalysis, which is proposed to use as a tool for analysis and evaluation of investment demand subjects of external control levels and, in fact, is a vertically integrated marketing in the multi-level governance system. With this approach, each actively involved in the mechanism of the subject of management has the ability to efficiently allocate "through the corridors" of investment development, to select appropriate investment proposals. Goal setting, recording and evaluation of the competitive position in the performance of the above procedures can effectively compare and coordinate investment demand with investment proposals in the complex structure of multi-level governance. The use of horizontal and vertical integration of marketing in this system greatly increases the efficiency of management by taking into account the scale and evaluation of internal and external market factors.

  5. Modelling of capital requirements in the energy sector: capital market access. Final memorandum

    Energy Technology Data Exchange (ETDEWEB)

    1978-04-01

    Formal modelling techniques for analyzing the capital requirements of energy industries have been performed at DOE. A survey has been undertaken of a number of models which forecast energy-sector capital requirements or which detail the interactions of the energy sector and the economy. Models are identified which can be useful as prototypes for some portion of DOE's modelling needs. The models are examined to determine any useful data bases which could serve as inputs to an original DOE model. A selected group of models are examined which can comply with the stated capabilities. The data sources being used by these models are covered and a catalog of the relevant data bases is provided. The models covered are: capital markets and capital availability models (Fossil 1, Bankers Trust Co., DRI Macro Model); models of physical capital requirements (Bechtel Supply Planning Model, ICF Oil and Gas Model and Coal Model, Stanford Research Institute National Energy Model); macroeconomic forecasting models with input-output analysis capabilities (Wharton Annual Long-Term Forecasting Model, Brookhaven/University of Illinois Model, Hudson-Jorgenson/Brookhaven Model); utility models (MIT Regional Electricity Model-Baughman Joskow, Teknekron Electric Utility Simulation Model); and others (DRI Energy Model, DRI/Zimmerman Coal Model, and Oak Ridge Residential Energy Use Model).

  6. Diagnosis of environmental marketing goods and services in the forestry sector Diagnóstico do marketing ambiental de bens e serviços do setor florestal

    OpenAIRE

    Erlon Barbosa Valdetaro; Mayra Luiza Marques da Silva Binoti; Daniel Brianezi; Laércio Antônio Gonçalves Jacovine

    2012-01-01

    It was collected and subsequent analysed advertisements and advertising campaigns for companies of forest products and services in nine magazines and 91websites of the forest sector, seeking for advertising and marketing actions that had some kind of environmental appeal as environmental terms, symbols with environmental appeal, certification seal and image with environmental appeal. The “environmental term” is present in 85,9% of 157 forest advertisements from different segments. Th...

  7. Contribution of Romanian Secondary Sector to Regional Development

    Directory of Open Access Journals (Sweden)

    Cristina ALPOPI

    2016-06-01

    Full Text Available In this paper, we shows the contribution of the secondary sector (industry and construction on the economic development of the regions, functional areas and the urban system in Romania. The development of economic activities of production is conditioned by certain geophysical, demographical, social and cultural characteristics. Considering that economic restructuring and privatization of industry put their mark on the evolution of the Romanian economy in recent years, it is absolutely necessary to take into account the influence of the secondary sector activities - industry and construction, to establish the development measures of romanian regions. One more reason is that the most industrialized cities prior 1990, dependent on a single branch of industry, losing the markets for these industries, recorded high unemployment, which in terms of social, equates to a high degree of poverty. Territorial development of the secondary sector shows large differences mainly due to natural barriers, level of accessibility to natural resources and public services of general interest. These gaps deep more economic and social problems existing in the territory. In the secondary sector, Romania follows closely the provisions of European Union policy, in order to develop a national competitive market, integrated into the European internal market. An example: in the industrial branch, employment share is approximately equal to the european average level. In terms of productivity, in Romania, in the context of a very low level of this indicator, its value is high in the industrial sector (especially in the manufacturing sector the specific productivity is above the national average. It is estimated that after 2014, the improvement of Romania's macroeconomic stability could generate rapid growth in the secondary sector. In Romania, industrial sector faces with problems such: the high level of resources not identified, poor promotion on domestic and foreign market

  8. The economics of transition in the power sector

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    The power sector carries a considerably great burden of the CO2 emission reductions required to address climate change, a feature common to many scenarios of emissions abatement. These reductions will only be possible if existing plants are replaced with more efficient and less-emitting types of plants over the coming decades. This report identifies the investments needed in the power sector, and their related risk factors.

  9. Assessment of the impact of market regulation in Mali on the price of essential medicines provided through the private sector.

    Science.gov (United States)

    Maïga, Diadié; Williams-Jones, Bryn

    2010-10-01

    In 1998, the government of Mali adopted a national pharmaceutical policy aimed at promoting a supply system for generic essential medicines that would guarantee equal access for all citizens. Distribution and delivery is a shared responsibility of both public and private sectors (wholesalers and pharmacies). To influence private sector behaviour, the national policy uses a combination of government regulation and market forces. In 2006, the government issued a decree fixing maximum prices in the private sector for 107 prescription drugs from the national list of 426 essential medicines. The current study assessed the impact of this intervention on the evolution of market prices (wholesale and retail), and the subsequent availability and public access to essential medicines in Mali. A cross-sectional descriptive survey was conducted in February and May 2006, and January 2009, with 16 wholesalers and 30 private drugstores in Bamako, Mali. The overall availability of essential medicines at private wholesalers (p=1) and pharmacies (p=0.53) was identical before and after the enforcement of the 2006 decree fixing maximum drug prices. Contrary to concerns expressed by wholesalers and pharmacies, and the other stakeholders, the decree did not impact negatively on availability of essential medicines. In fact, median wholesale prices in 2009 were 25.6% less than those fixed by the decree. In private pharmacies, retail prices were only 3% more expensive than the recommended prices, compared with being 25.5% more expensive prior to enforcement of the decree. The study shows that prices of essential medicines in Mali have evolved favourably towards the prices recommended by the government decree. Further, the study contributes to mounting evidence that market regulation by governments does not necessarily negatively affect drug availability; in fact, given the reduction in prices, the study shows that Malians arguably have better access to more affordable essential medicines

  10. Marketing of agricultural products: case findings

    NARCIS (Netherlands)

    Hingley, M.; Lindgreen, A.

    2002-01-01

    This article focuses on the relationship marketing approach to marketing of agricultural products. The article provides specific insights into, and comparisons between, suppliers of two particular agricultural products sectors: in Britain, the fresh produce (fruits and vegetables) sector and, in New

  11. Renewable Energy Policies in a Time of Transition

    International Nuclear Information System (INIS)

    Murdock, Hannah E.; Adib, Rana; Lins, Christine; Guerra, Flavia; Misra, Archita; Murdock, Hannah E.; Vickery, Louise; Collier, Ute; Le Feuvre, Pharoah; Bianco, Emanuele; Mueller, Simon; Philibert, Cedric; Schmidt, Oliver; Kvarnstroem, Oskar; Collier, Ute; Hungerford, Zoe; Frankl, Paolo; Bianco, Emanuele; Hawila, Diala; Ferroukhi, Rabia; Hawila, Diala; Renner, Michael; Nagpal, Divyam; Cox, Sadie; Esterly, Sean; Priesmann, Caspar; Taylor, Hadley; Breitschopf, Barbara; Van Rooijen, Sascha

    2018-01-01

    Spurred by innovation, increased competition, and policy support in a growing number of countries, renewable energy technologies have achieved massive technological advances and sharp cost reductions. Renewables have come to the forefront of the global energy transition, with nearly every country adopting a renewable energy target. Yet progress has been uneven in different countries and sectors. Technology and financial risks still hamper the expansion of renewables into new markets. As the power sector develops further, the increased adoption of variable renewables like solar and wind requires more flexible systems. Compared to power generation, the regulatory framework for end-use sectors lags behind. This report, prepared jointly by the International Renewable Energy Agency (IRENA), the International Energy Agency (IEA) and the Renewable Energy Policy Network for the 21. Century (REN21), identifies key barriers and highlights policy options to boost renewable energy deployment. After reviewing current policies and targets worldwide, it examines sector-specific policies for heating and cooling, transport and power, as well as measures for integrating variable renewables. An updated policy classification and terminology list can serve as a global reference for renewable energy policy instruments. Among the key findings: Renewable energy policies must focus on end-use sectors, not just power generation; The use of renewables for heating and cooling requires greater policy attention, including dedicated targets, technology mandates, financial incentives, generation-based incentives, and carbon or energy taxes; Policies in the transport sector require further development, including integrated policies to de-carbonise energy carriers and fuels, vehicles and infrastructure; Policies in the power sector must also evolve further to address new challenges. Measures are needed to support the integration of variable renewable energy, taking into account the specific

  12. Centralization of Authority, Market Orientation, and Customer Relationship Management in the Banking Sector: A Study in India

    Directory of Open Access Journals (Sweden)

    Jose VARGHESE

    2017-06-01

    Full Text Available Buyer-seller exchange relationship in the personal selling context is a topic of great interest in the financial services sector. In today’s highly competitive scenario where market offers are largely homogenous, an organization’s relationship orientation is found to have a significant impact on the extent to which relationships are developed between salespeople and the customers. Customer oriented selling approach benefits both the salesperson and the organization since it has got positive associations with customer relationships. The strength of the relationship between market orientation and salesperson’s customer orientation can, however, be affected by the organization’s decision to regulate authority. This paper attempts to understand the influence organization’s regulation of authority on orientation at an individual and organizational level in the financial services industry.

  13. The downside of marketization: a multilevel analysis of housing tenure and types in reform-era urban China.

    Science.gov (United States)

    Fu, Qiang; Zhu, Yushu; Ren, Qiang

    2015-01-01

    Based on data from the 2005 National Population Sample Survey and compiled covariates of 205 prefectures, this research adopted principal-component and multilevel-logistic analyses to study homeownership in urban China. Although the housing reform has severed the link between work units and residence, working in state sectors (government, state-owned enterprises and collective firms) remained significant in determining a household's entitlement to reform-era housing with heavy subsidies or better qualities. While the prefecture-level index of marketization reduced local homeownership of self-built housing, affordable housing and privatized housing, its effect is moderated by cross-level interactions with income, education and working in state sectors across different types of housing. Meanwhile, the index of political and market connections promoted all types of homeownership except for self-built housing. By situating the downside of marketization within a context of urban transformation, this research not only challenges the teleological premise of the neoliberal market transition theory but calls for research on institutional dynamics and social consequences of urban transformation in China. Copyright © 2014 Elsevier Inc. All rights reserved.

  14. The Effects of Domestic Macroeconomic Determinants on Stock Returns: A Sector Level Analysis

    Directory of Open Access Journals (Sweden)

    Şerife Özlen

    2014-08-01

    Full Text Available Investment analysis should be carefully performed in stock markets. Therefore, firms take necessary actions according to stock market behavior and macroeconomic variables. Therefore, the predictability of stock market determinants becomes important. This study aims to identify the effects of selected macroeconomic factors (interest rate, exchange rates, inflation-consumer price index, current account deficit, unemployment rates and sector indices on stock returns of selected 48 companies in 11 different sectors of Istanbul Stock Exchange including electric, food, communication, paper, chemistry, metal-main, metal-product, stone, textile, commerce and transportation sectors. The study employs ARDL approach on the period between the second month of 2005 and the second month of 2012 including 85 monthly observations. According to the results, Sector Indices are found to be quite influential through the selected sectors. Exchanges rate is also significantly influential on almost all the sectors except Communication and Textile sectors. The impacts of Interest Rate, Inflation Rate, Current Account Deficit, and Unemployment Rate are various through the selected sectors. Moreover, the influence of Istanbul Stock Exchange Market on the stock returns of considered companies is significantly clear through the sectors except six companies (two companies from Paper sector, one company from Metal-Main sector, two companies from Stone sector and one company from Textile sector out of 48 companies. Since it includes a wide range of companies and sectors, this study is expected to be useful for all policy makers and investment decisions.

  15. Private sector participation in the electricity sector : potential and critical issues

    International Nuclear Information System (INIS)

    Dunsky, I.

    2006-01-01

    This presentation discussed the development of infrastructure in the electricity sector with particular reference to public-private partnerships and project finance. Emerging markets that encourage private-sector investment were presented along with recommendations to negotiate power purchase agreements involving small-scale hydroelectric power; a thermal power plant at Suroit, Quebec; and, wind energy in Quebec's Gaspe Peninsula. Interconnection to the provincial power grid was also reviewed with reference to the risk faced by the promoters of a project in terms of project design, construction, financing, production and maintenance. The risks faced by Hydro-Quebec were also discussed along with risk allocations between the private and public sectors. tabs., figs

  16. Chemical and Petrochemical Sector

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-07-01

    This publication is a background document on the global chemical and petrochemical sector for the IEA publication Energy Technology Transitions in Industry (IEA, 2009). It provides further, more detailed information on the methodology and data issues for energy efficiency indicators for the sector. The indicators discussed offer insight regarding the energy efficiency improvement potential in the short- to medium-term (by proven technologies).

  17. Bulgarian electricity market restructuring

    International Nuclear Information System (INIS)

    Ganev, Peter

    2009-01-01

    The energy sector in Bulgaria has undergone major restructuring in recent years. It faces the dual challenges of achieving regulatory stability to attract private investors, and creating a functioning competition energy market. As of the EU Accession in 2007, Bulgaria has fully liberalized power and gas markets. The 2003 Energy Law establishes the energy sector legal framework and sets the basis for creation of a transparent and predictable regulatory environment where the key regulatory responsibilities are vested with the State Energy and Water Regulatory Commission (SEWRC). The energy sector experienced significant problems in the first half of 2007 due to lost production capacities and regulatory failures on the electricity market. Excess price regulations on the market of electricity supplies to household, coupled with insufficient liberalization of imports and exports, create unfavorable conditions for power producers and large electricity users. The energy regulator has tried to achieve several incompatible targets as of July 1, 2007 for maintaining low electricity prices for households in response to political pressure, low power generation prices amid rising input costs, and market opening in compliance with EU regulations. (author)

  18. Organizing waste reduction in the Dutch waste sector

    International Nuclear Information System (INIS)

    De Jong, P.T.

    2000-01-01

    Many organizations in the Netherlands are concerned with the collection, treatment and disposal of waste (either by tipping or incineration). They make up what is called the refuse market, and they all have their own business interests. What they have in common is that their internal objectives are not necessarily concerned with limiting the size or altering the composition of refuse streams. On the contrary, the organizations have an interest in the destination of waste streams. Besides the market-oriented organization, the waste sector also comprises various tiers of government, policy support groups and pressure and lobby organizations. All these organizations have their own different sets of interests. In other words, the refuse sector in the Netherlands is complex. The research project on 'Organizing Waste Reduction in the Dutch Waste Sector' focuses on the structure of the sector: the organizations, the relations between them, and organizational factors such as tariff systems, ownership relations and the market situation. An important question, which the research seeks to answer, is whether a modification in the structure of the sector can lead to the encouragement of reduction in the quantity of waste

  19. Utilidad de la relación estratégica comunitaria y el marketing en el sector de bebidas alcohólicas

    OpenAIRE

    Mendieta Pinzón, Waldo Alejandro; Navarro Duque, Francisco José; Romero Sierra, Edisson Alejandro

    2014-01-01

    El estudio busca demostrar la utilidad que tiene la relación estratégica comunitaria en el sector de bebidas alcohólicas en Colombia y cómo la utilizan a través del marketing. Cómo estas funcionan en el sector y si las organizaciones las están aplicando; si lo hacen qué tipo de estrategias emplean para adentrarse y relacionarse con su entorno. Se identifica la efectividad de estas estrategias; si en realidad están promoviendo el desarrollo de la comunidad como el de la organización y paso a s...

  20. Product-Service System Design Approach for the Base of the Pyramid Markets : Practical Evidence from the Energy Sector in the Brazilian Context

    NARCIS (Netherlands)

    Da Costa Junior, J.; Diehl, J.C.

    2013-01-01

    In Emerging Markets, the product-service system (PSS) design approach may represent a promising solution as a socially and environmentally sound path to economic development. In addition, the energy sector has a major role for the social-economic development and is central to poverty alleviation.

  1. European Union; Publication of Financial Sector Assessment Program Documentation—Technical Note on Progress with Bank Restructuring and Resolution in Europe

    OpenAIRE

    International Monetary Fund

    2013-01-01

    This article is an analysis on the restructuring banking system of the European Union. The global financial crisis created the need to restructure by immensely reflecting weaknesses in the public, households, corporate, and other financial sectors. The restructuring includes the strengthening of bank resolution tools, the activation of nonperforming loans, the maintenance of macrofinancial framework, recovery of market access, and so on. The Executive Board recommends this transition of the E...

  2. Application Possibilities of Social Marketing Technologies for Publicity of Electronic Government Services

    Directory of Open Access Journals (Sweden)

    Tadas Limba

    2013-08-01

    Full Text Available Nowadays e-government projects and projects in the public sector are changing the consistency and reality of our daily life and will need to be managed by project managers, who uge modern marketing tools and technologies. Social marketing is one of the modern marketing tools and, probably, it is the best tool to provide marketing in public sector project management, It has been changing in different ways since the founding of social marketing: the aim of social marketing, the technologies for using i ; but nowadays it’s hard to imagine public sector projects and, especially, egovernment projects, without using social marketing technologies. The usage of social marketing technologies can improve public sector project management and make the project more attractive to society or some part of it. This scientific paper represents social marketing transformation, the way in which social marketing needs to be used in the public sector project management process and analyses the phases of social marketing. It also gives some practical advics for public sector organizations o, how to implement social marketing in the e-government project deployment process.

  3. The influence of currency risk upon the market value of commercial banks operating in the Polish banking sector

    Directory of Open Access Journals (Sweden)

    Zbigniew Korzeb

    2016-09-01

    Full Text Available The objective of the paper is to analyse the impact of the Swiss Nati onal Bank’s decision to introduce the floating exchange rate of the franc on January 15th, 2015, upon the market value of commercial banks operatingin the Polish banking sector. The analysis involved twelve commercial banks quoted on the Warsaw Stock Exchange. The results are inconclusive. The predicted reducti on of the banks’ market value was less significant than indicated by market investors’ reaction on the day after the announcement of the decision to introduce the floating exchange rate of the franc. The banks most prone to granting credit denominated in CHF did experience the largest reducti on of their share quotations. However, the Pearson product-moment correlation coefficient calculated for the correlation between the average cumulative abnormal returns on shares for the entire analysed sample, and the proportion of credits denominated in Swiss francs in the total credit portfolio, indicated only a moderate correlation between both variables.

  4. Informal payments for health care in transition economies.

    Science.gov (United States)

    Ensor, Tim

    2004-01-01

    There is considerable evidence that unofficial payments are deeply embedded in the markets for health care in transition countries. Numerous surveys indicate that these payments provide a significant but possibly distorting contribution to health care financing. Unofficial payments can be characterised into three groups: cost contributions, including supplies and salaries, misuse of market position and payments for additional services. There is evidence from across the region on the presence of payment in each category although it is often difficult to distinguish between payment types. Regulatory policy must address a number of issues. Imposing penalties may help to reduce some payments but if the system is simply unable to provide services, such sanctions will drive workers into the private sector. There appears to be some support for formalising payments in order to reduce unofficial charges although the impact must be monitored and the danger is that formal fees add to the burden of payment. Regulation might also attempt to increase the amount of competition, provide information on good performing facilities and develop the legal basis of patient rights. Ultimately, unless governments address the endemic nature of payments across all sectors, policy interventions are unlikely to be fully effective.

  5. Study of a Russian University's Organisational Culture in Transition from Planned to Market Economy

    Science.gov (United States)

    Pushnykh, Victor; Chemeris, Valeriy

    2006-01-01

    The transition from a planned centralist economy to a market economy over the last decade of the 20th century has presented Russian universities with many profound challenges. These challenges require universities to review and consider their organisational culture and deserve careful study. This paper describes the changes that have taken place…

  6. The French market of biomass. An analysis of barriers and levers of development of the wood-energy sector, main biomass resource

    International Nuclear Information System (INIS)

    2011-06-01

    This article presents the content of a market study which aimed at assessing the weight of wood-energy in the French energy mix when it represents 97 per cent of biomass consumed under the form of heat, at giving an overview of markets within which this energy is now valorised (housing heating, heat and cogeneration), at analysing the business model of biomass projects, at assessing mechanisms aimed at supporting this sector, and at assessing the potential of the French market as far as wood-energy is concerned. The report presents the operation principles and applications of biomass, analyses the share of wood-energy in the French energy mix and the objectives defined by the Grenelle de l'Environnement, presents the French forests as an abundant resource, comments wood-based heating of housing as an evolving market, presents and analyses the market of industrial and collective heat, and discusses the perspective of a multiplication by 4 by 2020 of cogeneration installed capacities

  7. Market-oriented Energy Revolution in China and Impacts

    Institute of Scientific and Technical Information of China (English)

    Wang Zhen; Xue Qing

    2015-01-01

    China has been undergoing a new round ofambitious reform in its energy sectors after presidentXi's call for“energy revolution”in June 2014. Thistop-down strategy paves a way to market-oriented transition for Chinese energy govern system on both industrial level and corporation level. This paper analyzes the newtrends of China's energy policy and its impacts on crude oil market as well as on Chinese state-owned petroleum enterprises. Thisrevolutionwill reshapethe managementsystemof Chinese energyindustryto cope with rising energy demand, supply restraints, huge environmental costs and backward technologies.With the deepening reform of oil and gas pricing mechanism and the opening-up of petroleum industry, Chinese domestic energy market will be upgraded towards a more rationalized and competitive system. Mixed ownerships will be introduced to stimulate the vitality, creativity and brandinfluence of state-owned petroleum corporations, pushing Chinese national oil majors to collaboratejointly withvarious foreign oil and gas companies and the emerging domestic private companies with great entrepreneurship.

  8. Market designs for a completely renewable power sector

    Energy Technology Data Exchange (ETDEWEB)

    Winkler, Jenny [Fraunhofer-Institut fuer System- und Innovationsforschung (ISI), Karlsruhe (Germany); Altmann, Matthias [Ludwig-Boelkow-Systemtechnik GmbH, Ottobrunn (Germany)

    2012-06-15

    The article discusses whether the current German electricity market design is suitable for an electricity system completely based on renewable sources, and analyzes alternatives. Such a system becomes ever more likely due to the phase-out of nuclear power and the carbon reduction targets. Various existing scenarios for a completely renewable electricity system are analyzed and compared with respect to the contribution of different renewable technologies. Challenges for the market design arising from the differences between the current and a completely renewable system are identified - notably problems with cost recovery and investment incentives, an increased need for balancing and/or intraday adjustments, an increased diversity of actors, grid congestion and the continuing occurrence of market power. The current market design's ability to solve these issues is assessed with the result that all but the critical problem of investment incentives and cost recovery can be solved by adapting certain rules. A comparison with other suggested market designs reveals that some designs could ensure cost recovery and investment incentives. However, these market designs have other drawbacks. Therefore, the identification of the optimal market design for a completely renewable electricity system requires further research regarding the qualitative and quantitative effects of different changes to the current market design. The article concludes by developing concrete policy recommendations. (orig.)

  9. The worldwide LPG market

    International Nuclear Information System (INIS)

    Dermont, V.

    1998-01-01

    The market of liquefied petroleum gases (LPG) concerns mainly the domestic uses (space and sanitary heating, cooking) but also some small industries, the agriculture and chemistry sectors and the transportation sector. This paper analyzes the European demand of LPG fuels by sector. (J.S.)

  10. Market development problems for sustainable bio-energy systems in Sweden. (The BIOMARK project)

    Energy Technology Data Exchange (ETDEWEB)

    Helby, Peter (ed.); Boerjesson, Paal; Hansen, Anders Christian; Roos, Anders; Rosenqvist, Haakan; Takeuchi, Linn

    2003-03-01

    The report consists of three case studies relating to Swedish bio-energy markets. The first is concerned with a general analysis of costs and benefits of transition to biomass-based electricity in Sweden. The analysis indicates that many price relations in Sweden do not support the transition to bio-energy. Future prospects for biomass conversion technologies versus natural gas based technologies may not be in favour of bio-energy with the existing fuel prices. Additionally, there is no effective utilisation of the large economic benefits that could be gained by coordinating the bio-energy fuel chain with the management of other material flows such as the nutrient flows in the water cycle. In government policies, the supply of biomass does not seem to receive the same attention as the conversion technologies. Potentially, this could lead to a shortage of biomass feedstock when the conversion technology part of the programmes succeeds. The second study is about market development for energy crops, specifically Salix. The analysis shows that real-life development is far behind prognoses and scenarios, confirming worries about future supplies of biomass. While Salix is associated with significant positive externalities and provides a large potential for co-benefits, the institutional setting is not favourable for the exploitation of these advantages. A particular problem is the high risk farmers face when planting Salix, as future demand is uncertain and prices difficult to predict. A better distribution of risk among the market actors, particularly between farmers and district heating companies, might be the best strategy for renewed growth in this sector. The third study is concerned with the wood pellets market, which experienced a supply crisis in the winter 2001/02, as producers were unable to satisfy demand or did so only at highly elevated prices. The analysis points to weakness in market governance, especially insufficient information flows between actors

  11. Market development problems for sustainable bio-energy systems in Sweden. (The BIOMARK project)

    International Nuclear Information System (INIS)

    Helby, Peter; Boerjesson, Paal; Hansen, Anders Christian; Roos, Anders; Rosenqvist, Haakan; Takeuchi, Linn

    2003-03-01

    The report consists of three case studies relating to Swedish bio-energy markets. The first is concerned with a general analysis of costs and benefits of transition to biomass-based electricity in Sweden. The analysis indicates that many price relations in Sweden do not support the transition to bio-energy. Future prospects for biomass conversion technologies versus natural gas based technologies may not be in favour of bio-energy with the existing fuel prices. Additionally, there is no effective utilisation of the large economic benefits that could be gained by coordinating the bio-energy fuel chain with the management of other material flows such as the nutrient flows in the water cycle. In government policies, the supply of biomass does not seem to receive the same attention as the conversion technologies. Potentially, this could lead to a shortage of biomass feedstock when the conversion technology part of the programmes succeeds. The second study is about market development for energy crops, specifically Salix. The analysis shows that real-life development is far behind prognoses and scenarios, confirming worries about future supplies of biomass. While Salix is associated with significant positive externalities and provides a large potential for co-benefits, the institutional setting is not favourable for the exploitation of these advantages. A particular problem is the high risk farmers face when planting Salix, as future demand is uncertain and prices difficult to predict. A better distribution of risk among the market actors, particularly between farmers and district heating companies, might be the best strategy for renewed growth in this sector. The third study is concerned with the wood pellets market, which experienced a supply crisis in the winter 2001/02, as producers were unable to satisfy demand or did so only at highly elevated prices. The analysis points to weakness in market governance, especially insufficient information flows between actors

  12. Building a comprehensive mill-level database for the Industrial Sectors Integrated Solutions (ISIS) model of the U.S. pulp and paper sector.

    Science.gov (United States)

    Modak, Nabanita; Spence, Kelley; Sood, Saloni; Rosati, Jacky Ann

    2015-01-01

    Air emissions from the U.S. pulp and paper sector have been federally regulated since 1978; however, regulations are periodically reviewed and revised to improve efficiency and effectiveness of existing emission standards. The Industrial Sectors Integrated Solutions (ISIS) model for the pulp and paper sector is currently under development at the U.S. Environmental Protection Agency (EPA), and can be utilized to facilitate multi-pollutant, sector-based analyses that are performed in conjunction with regulatory development. The model utilizes a multi-sector, multi-product dynamic linear modeling framework that evaluates the economic impact of emission reduction strategies for multiple air pollutants. The ISIS model considers facility-level economic, environmental, and technical parameters, as well as sector-level market data, to estimate the impacts of environmental regulations on the pulp and paper industry. Specifically, the model can be used to estimate U.S. and global market impacts of new or more stringent air regulations, such as impacts on product price, exports and imports, market demands, capital investment, and mill closures. One major challenge to developing a representative model is the need for an extensive amount of data. This article discusses the collection and processing of data for use in the model, as well as the methods used for building the ISIS pulp and paper database that facilitates the required analyses to support the air quality management of the pulp and paper sector.

  13. IMPACT OF DEREGULATION ON FINANCIAL SECTOR ...

    African Journals Online (AJOL)

    and the efficiency in the allocation of the society's resources, which were not ... financial system so as to make the system operate on the basis of the market ..... cases, the null hypothesis that financial sector deregulation does not granger .... Financial Sector Development and Growth: Evidence from Malaysia, Brookings.

  14. Bo Xilai :China will honor its World Trade Organization(WTO) commitments. Banking and telecommunications market sectors would be opened in time

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    @@ Minister of Commerce Bo Xilai promised on September 4 that China will honor its WTO commitments. At a ceremony to mark China's five-year WTO partnership, Bo Xilai promised this to commercial leaders of Europe present again. Bo said all market sectors would be opened in time, referring especially to banking and telecommunications.

  15. Financial Sector Competition, Service Trade, and Growth

    NARCIS (Netherlands)

    J.F. François (Joseph); F.W. Eschenbach

    2002-01-01

    textabstractWe explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in

  16. Transition from Exponential to Power Law Income Distributions in a Chaotic Market

    Science.gov (United States)

    Pellicer-Lostao, Carmen; Lopez-Ruiz, Ricardo

    Economy is demanding new models, able to understand and predict the evolution of markets. To this respect, Econophysics offers models of markets as complex systems, that try to comprehend macro-, system-wide states of the economy from the interaction of many agents at micro-level. One of these models is the gas-like model for trading markets. This tries to predict money distributions in closed economies and quite simply, obtains the ones observed in real economies. However, it reveals technical hitches to explain the power law distribution, observed in individuals with high incomes. In this work, nonlinear dynamics is introduced in the gas-like model in an effort to overcomes these flaws. A particular chaotic dynamics is used to break the pairing symmetry of agents (i, j) ⇔ (j, i). The results demonstrate that a "chaotic gas-like model" can reproduce the Exponential and Power law distributions observed in real economies. Moreover, it controls the transition between them. This may give some insight of the micro-level causes that originate unfair distributions of money in a global society. Ultimately, the chaotic model makes obvious the inherent instability of asymmetric scenarios, where sinks of wealth appear and doom the market to extreme inequality.

  17. Managing risk selection incentives in health sector reforms.

    Science.gov (United States)

    Puig-Junoy, J

    1999-01-01

    The object of the paper is to review theoretical and empirical contributions to the optimal management of risk selection incentives ('cream skimming') in health sector reforms. The trade-off between efficiency and risk selection is fostered in health sector reforms by the introduction of competitive mechanisms such as price competition or prospective payment systems. The effects of two main forms of competition in health sector reforms are observed when health insurance is mandatory: competition in the market for health insurance, and in the market for health services. Market and government failures contribute to the assessment of the different forms of risk selection employed by insurers and providers, as the effects of selection incentives on efficiency and their proposed remedies to reduce the impact of these perverse incentives. Two European (Netherlands and Spain) and two Latin American (Chile and Colombia) case studies of health sector reforms are examined in order to observe selection incentives, their effects on efficiency and costs in the health system, and regulation policies implemented in each country to mitigate incentives to 'cream skim' good risks.

  18. Terms of orientation on customer needs in the housing sector

    Directory of Open Access Journals (Sweden)

    Rozhentsova Irina

    2017-01-01

    Full Text Available Currently, the housing and utilities sector is one of the main sectors of the national economy of the Russian Federation, covering diversified industrial and technical complex, the need for products and services which are practically unlimited. Radical transformation carried out in the sector of housing and communal services (HCS, primarily associated with the formation of the new management model, which reflects the market relationship between the subjects and objects of management. The necessity of transition to new management models in housing and communal services is caused by the deregulation of the sector, separation of functions of owner, customer and producers, suppliers of housing and communal services, formation of private ownership of objects of housing and communal services. The relevance of the research topic is dictated by the low quality of management at all levels of the system of housing and communal services of Russia, insufficient knowledge of the specifics of management of the industry, as well as the need to develop ways to improve management efficiency, to ensure its exit from the crisis and further development. Development of system of housing and communal services becomes impossible without the use of new forms, methods of management of organizations. Consequently, the efficiency of management is relevant and very important problem, both for the theory and practice of management in this area of work.

  19. The international market in TECNATOM and its national market

    International Nuclear Information System (INIS)

    Hervas, J.; Ortega, J.

    2002-01-01

    The international markets have now turned into a standard activities within the current actions of Tecnatom, as it is shown by the fact that through the last decade Tecnatom has been executed several projects in the 80% of the countries with NPP in operation, using methods which have been validated by different international customers and regulatory bodies. The international market trajectory during the last decade is characterised by a continuous increment of the international activities in 1992-2001 period, reaching its maximum production in 1998, with more than 45% of the Tecnatom's sales volume, During the last three years, this trajectory has been stabilised in the 35% of the total. Facing the next years, Tecnatom has the firm intention to carry on developing an intense commercial activity based on the increasing and updating of its technological capabilities in order to boost its current leadership within the foreign market. This purpose is not only aimed to the nuclear sector but it is extended to other industrial synergic sectors, mainly the aeronautical sector. (Author)

  20. Development of gas markets in developing countries and in countries in economical transition

    International Nuclear Information System (INIS)

    Roze, J.; Guegan, G.; Guerrini, Y.; Marzeau, J.M.

    2000-01-01

    The WOC 10 working committee of the CMG 2000 worldwide gas congress was devoted to the study of gas markets in developing countries and in countries in economical transition. This committee comprises three group of studies covering the following topics: natural gas in the less developed countries (environment protection, power production, institutional framework and cooperation), natural gas in countries in economical transition (situation in Eastern Europe, reforms and investments, prices and tariffs, towards the integration to the European Union), natural gas in developing countries (financing and technology transfers, down-side gas development, economical viability, technology transfers, projects financing, recommendations), inter-region development and power production (South America, Asia, role of the worldwide bank). (J.S.)

  1. International gas union - WOC 10. Report of study group 10.2 ''gas and the transitional economies countries'' 1997-2000

    Energy Technology Data Exchange (ETDEWEB)

    Guerrin, Y.

    2000-07-01

    What should and can be done in any given sector, such as energy, is conditioned by the overall economic and social situation. For most transition countries, the road to reform since 1989 has been very difficult. The economic and social costs of transition have been high. Declines in economic output and unemployment have been severe. In other words, the process of transformation has severely taxed countries economically, socially and politically. The hyper-inflation, the economic turndown and the disequilibria in state budgets that followed the collapse of the centralized planning system during the initial phases of the transition process - during the early 1990's - compelled governments to give priority to macro-stabilisation policies. Consequently, less attention, by necessity, could be given to reforming the energy sector in order to promote objectives such as energy security, economic efficiency and environmental protection. As well, progress in reforming the energy sector has lagged behind reforms in other sectors of the economy because of the very significant economic and social consequences of reforms in this sector. Energy costs represent a significant proportion of household expenditures. Therefore, governments have had to weigh the economic and social implications of reforms, such as higher energy prices, notably on households but also on certain sectors of industry. Since the beginning of the 1990's the road to reform in central and eastern Europe has been rather difficult. Nevertheless despite the many problems, there have been real, tangible achievements in moving towards a market economy as well as in the establishment of democratic institutions in most transition countries. Moreover in most of them the private sector contribution to GDP now exceeds 50%. Unfortunately the economic transition is in some respects still incomplete and aggregate output levels are still below those of 1989. For transition countries as a whole, industrial

  2. The Mauritius stock exchange: Sectoral analysis, risk and return ...

    African Journals Online (AJOL)

    Companies listed on the Mauritius Stock Exchange are classified into seven sectors of the economy, namely Banking & Insurance, Industry, Investments, Sugar, Commerce, Leisure & Hotels and Transport. Significant improvements in market capitalisation and turnover are noted in all sectors except the Transport sector.

  3. REGARDLESS OF THE ATTRACTIVE MARKET CONDITIONS, THE ROMANIAN BIOGAS SECTOR DID NOT ADVANCE. AN INDUCTIVE APPROACH

    Directory of Open Access Journals (Sweden)

    CLODNIȚCHI R.

    2015-09-01

    Full Text Available Romania is one of Europe’s traditional producers of energy from renewable sources. After the regime change 1989 nothing happened in this market until 2008 when the Romanian renewable sector went through a remarkable boom. 5.000 MW new capacities were installed mainly in wind, PV and biomass plants but almost none in biogas plants. There is plenty of substrate available, some of it for free, and the support mechanism is also very generous when it comes to biogenic gas, so how come today there are less than 15 MW installed in biogas capacities? This question lies at the base of our research covering several company intern and extern aspects. This particular article addresses the risks induced by technology vs. the market risks on the basis of a study case from Romania. We analyse the profitability indicators of the first landfill gas recovery facility from Romania which was after implementation less profitable than expected.

  4. Sectoral transitions - modeling the development from agrarian to service economies

    Science.gov (United States)

    Lutz, Raphael; Spies, Michael; Reusser, Dominik E.; Kropp, Jürgen P.; Rybski, Diego

    2013-04-01

    We consider the sectoral composition of a country's GDP, i.e the partitioning into agrarian, industrial, and service sectors. Exploring a simple system of differential equations we characterise the transfer of GDP shares between the sectors in the course of economic development. The model fits for the majority of countries providing 4 country-specific parameters. Relating the agrarian with the industrial sector, a data collapse over all countries and all years supports the applicability of our approach. Depending on the parameter ranges, country development exhibits different transfer properties. Most countries follow 3 of 8 characteristic paths. The types are not random but show distinct geographic and development patterns.

  5. Comparing public and private sector switchers

    DEFF Research Database (Denmark)

    Frederiksen, Anders; Hansen, Jesper Rosenberg; Bozeman, Barry

    are related to sector switching and the pattern of sector switch, public to private versus private to public. We propose a life stage model arguing that people's needs change in different life stages of their lives. We further suggest that this can help explain why they switch sector. We use unique Danish...... labor market data that include information on all employees in Denmark (both private and public sector). The data are for the period 1980 to 2006, and this longitudinal database includes abundant information about job changes, including sector switching. Our findings indicate mixed support....... Finally, we find that people with more education are likely to switch from private to public sector....

  6. Marketing v sektoru služeb

    OpenAIRE

    Šantrůčková, Jana

    2013-01-01

    The issue of my bachelor's thesis Marketing in the service sector is an analysis of the current status using each tools of the marketing mix in the selected segment of services and its evaluation. In the theoretic part there is an analysis of each tools of the marketing mix and specifics of marketing in the sector of services. The practical part valorizes the marketing mix and analysis of Starbucks coffee company and Mefisto café and Music bar is made SWOT. Finaly, there is a comparison with ...

  7. Benin - Transport Sector Investment Program

    OpenAIRE

    Mohan, P.C.

    2003-01-01

    The objectives of this project (1997-2001) using $40 million of IDA funds were to: (i) safeguard the competitiveness of Benin's transport sector and of its transit corridor through open modal competition; (ii) improve government's capacity for planning, programming and managing transport sector investments; (iii) boost the allocation of resources to infrastructure maintenance; (iv) boost t...

  8. Strengthening linkages of the financial services and real sectors of ...

    African Journals Online (AJOL)

    Strengthening linkages of the financial services and real sectors of the ... policy, financial sector credit and capital market activities have impacted on the real sector growth. ... sector as a result such financial crimes like misappropriation of funds. ... better results; more investment instruments such as derivatives, convertibles, ...

  9. International Energy Market

    International Nuclear Information System (INIS)

    Doringoni, S.; Pontoni, F.

    2008-01-01

    The paper analyzes recent market trends in the oil and natural gas sector. For the latter, a focus on the European gas market is then presented, whose consumption has grown considerably in these last ten years. As for the oil sector this paper investigates the key elements that have shaped its market in these years. As for oil consumption, we show that in these last 15 years China, India and the Middle East are the main responsible for the increase in World consumption. On the other hand, European OECD Countries have consistently reduced (almost 9%) their oil demand. This is due both to the dematerialization of their economy and their significant improvements in energy efficiency. As for energy intensity, in fact, Europe by far is the most efficient region in the World. On the other hand, OPEC has drastically raised its share of total production: at present the cartel accounts for more than 40% of overall production. OPEC members were the only producers to meet World's needs as oil demand expanded. The difficulties of other producers to keep up with the demand originated in the nineties, when no investment in new production capacity was brought about due to low oil prices. In the end of 2008, anyway, recession has eased the situation: for the first time in fifteen years, demand has not grown, compared to 2007 consumption. Recession has also shrunk prices, which, as soon as the demand started decreasing, have collapsed by almost 70%. As for the gas sector, the paper focuses on the European market where, after ten years from the beginning of the liberalization process, competition is still missing. In particular, the paper discusses whether LNG can bring about the competition so desperately needed. Unlike investments in pipelines, those in the LNG chain present a much lower degree of specificity, since the importer is not physically tied with the producer; moreover, it is getting increasingly common that part of the plant capacity is made available for spot

  10. Market Report for the Industrial Sector, 2009

    Energy Technology Data Exchange (ETDEWEB)

    Sastri, Bhima [Office of Energy Efficiency and Renewable Energy (EERE), Washington, DC (United States); Brueske, Sabine [Energetics Inc., Columbia, MD (United States); de los Reyes, Pamela [Energetics Inc., Columbia, MD (United States); Jamison, Keith [Energetics Inc., Columbia, MD (United States); Justiniano, Mauricio [Energetics Inc., Columbia, MD (United States); Margolis, Nancy [Energetics Inc., Columbia, MD (United States); Monfort, Joe [Energetics Inc., Columbia, MD (United States); Raghunathan, Anand [Energetics Inc., Columbia, MD (United States); Sabouni, Ridah [Energetics Inc., Columbia, MD (United States)

    2009-07-01

    This report provides an overview of trends in industrial-sector energy use. It focuses on some of the largest and most energy-intensive industrial subsectors and several emerging technologies that could transform key segments of industry.

  11. Canadian retail petroleum markets study

    International Nuclear Information System (INIS)

    Ervin, M.J.

    1998-02-01

    A retail petroleum market study was conducted to provide a comprehensive overview of the competitiveness of the downstream petroleum industry in Canada and to set a foundation for effective policy development. The downstream petroleum industry, which includes the petroleum refining and marketing sectors, faces a poor public image, competitive pressures from U.S. and offshore refiners, and a broad range of environmental challenges. In this study, 19 markets representing a wide range of conditions were chosen for a detailed review of outlet economics. A market-by-market and regional comparisons of key competitiveness indicators was made in order to identify market and regional competitive differences as potential issues or opportunities within the industry. The study also included a pump price/margin model and provided a general overview of the retail gasoline sub-sector in terms of infrastructure. A review of prices, margins and demand patterns over the past several years was also undertaken to show the relationship between consumer demand patterns and pump price fluctuations. The study presented 22 findings which led to several conclusions and recommendations regarding the competitiveness of Canada's petroleum marketing sector. Two of the key conclusions were that taxation is a significant factor in the price of retail gasoline (about 50 per cent) and that government intervention into petroleum marketing is likely to be a poor alternative to market-based regulation. 18 tabs., 37 figs

  12. Improving firm performance in out-of-equilibrium, deregulated markets using feedback simulation models

    International Nuclear Information System (INIS)

    Gary, S.; Larsen, E.R.

    2000-01-01

    Deregulation has reshaped the utility sector in many countries around the world. Organisations in these deregulated industries must adopt new polices which guide strategic decisions, in an uncertain and unfamiliar environment, that determine the short- and long-term fate of their companies. Traditional economic equilibrium models do not adequately address the issues facing these organisations in the shift towards deregulated market competition. Equilibrium assumptions break down in the out-of-equilibrium transition to competitive markets, and therefore different underpinning assumptions must be adopted in order to guide management in these periods. Simulation models incorporating information feedback through behavioural policies fill the void left by equilibrium models and support strategic policy analysis in out-of-equilibrium markets. As an example, we present a feedback simulation model developed to examine firm and industry level performance consequences of new generation capacity investment policies in the deregulated UK electricity sector. The model explicitly captures behavioural decision polices of boundedly rational managers and avoids equilibrium assumptions. Such models are essential to help managers evaluate the performance impact of various strategic policies in environments in which disequilibrum behaviour dominates. (Author)

  13. What can health care marketing learn from bank marketing?

    Science.gov (United States)

    Mindak, W A

    1988-01-01

    A useful technique in assessing opportunities for international marketers is called "lead lag" analysis. It suggests that one can predict developments, such as demand patterns, in one country by looking at an analogous country. Applying such a technique to the domestic scene, what could we predict about the development and application of marketing to the health care sector if we looked at an analogous service such as banking? Many experts believe that health care is following in the footsteps of banking and point to environmental similarities such as changes in government regulation, new forms of nontraditional competition, increased concern about retail sectors, and pressures on scarce resources. Are there lessons that health care marketers can learn from bankers that might help them avoid some false starts or expensive mistakes?

  14. Energy market for energy. Natural gas and electricity

    International Nuclear Information System (INIS)

    Van Scherpenzeel, H.; De Boer, I.

    2000-10-01

    The aim of the title market study is to provide insight into the energy market in Argentina for the Dutch industry and business sector, focusing on the structure of the natural gas and electricity sector and the market for equipment for the production and processing of natural gas and equipment for electricity generation

  15. Building a Comprehensive Mill-Level Database for the Industrial Sectors Integrated Solutions (ISIS) Model of the U.S. Pulp and Paper Sector

    Science.gov (United States)

    Modak, Nabanita; Spence, Kelley; Sood, Saloni; Rosati, Jacky Ann

    2015-01-01

    Air emissions from the U.S. pulp and paper sector have been federally regulated since 1978; however, regulations are periodically reviewed and revised to improve efficiency and effectiveness of existing emission standards. The Industrial Sectors Integrated Solutions (ISIS) model for the pulp and paper sector is currently under development at the U.S. Environmental Protection Agency (EPA), and can be utilized to facilitate multi-pollutant, sector-based analyses that are performed in conjunction with regulatory development. The model utilizes a multi-sector, multi-product dynamic linear modeling framework that evaluates the economic impact of emission reduction strategies for multiple air pollutants. The ISIS model considers facility-level economic, environmental, and technical parameters, as well as sector-level market data, to estimate the impacts of environmental regulations on the pulp and paper industry. Specifically, the model can be used to estimate U.S. and global market impacts of new or more stringent air regulations, such as impacts on product price, exports and imports, market demands, capital investment, and mill closures. One major challenge to developing a representative model is the need for an extensive amount of data. This article discusses the collection and processing of data for use in the model, as well as the methods used for building the ISIS pulp and paper database that facilitates the required analyses to support the air quality management of the pulp and paper sector. PMID:25806516

  16. Transit and Globalization of the National Oil and Gas Business

    International Nuclear Information System (INIS)

    Sekulic, G.; Tomljenovic, D.

    2001-01-01

    Energy transit plays a significant role in the energy development and globalization of the energy economy due to the dependence of the countries of large energy consumers on the energy import and the increase of export from the regions which do not have a direct connection with these consumers. In such circumstances huge amounts of energy cross several borders on their way from energy producers to energy consumers ''facing'' the risks of different political systems as well as different economic, legislative and social conditions together with environment protection conditions. With the purpose of reducing such and other risks and increasing the security level of consumer supply as well as the economic results in the energy sector, huge efforts are being made in creating market, non-discriminatory and transparent transit conditions through international treaties, agreements, conventions, protocols and similar. Owing to its geographical position, especially on the Mediterranean, the Republic of Croatia is an interesting transit country, but until now it profited only partially from this advantage. By constructing new gas pipelines and new connections of the existing oil pipeline with the European network both for the needs of local supply and transit, and according to the adopted international obligations on the conditions of the access to available capacities, construction of new capacities, market pricing, environment protection and other, oil and gas transit through this Croatia of Ours will be increased and further integration of oil and gas economy into the globalization processes will be speeded up.(author)

  17. In-Depth Review of the Investment Climate and Market Structure in the Energy Sector. Former Yugoslav Republic of Macedonia

    International Nuclear Information System (INIS)

    2006-01-01

    The Republic of Macedonia became an independent country in 1991. It is a country with an economy in transition. Against this background, efforts have been dedicated towards implementing the provisions of the Energy Charter Treaty (ECT), especially in the field of the investment climate and market structure in the energy sector of the Republic of Macedonia. The Republic of Macedonia is a small economy with a gross domestic product representing about 0.01% of the total world output. It is also an open economy, highly integrated into international trade, with a total trade-to-GDP ratio of over 90%. Agriculture and industry have been the two most important sectors of the economy, but the services sector has gained prominence in the past few years. Like most transition economies, problems persist, even as Macedonia takes steps toward reform. A largely obsolete industrial infrastructure has not seen much investment during the transition period. Work force education and skills are competitive, but without adequate job opportunities, many with the best skills seek employment abroad. A low standard of living, high unemployment rate, and relatively low economic growth rate are the central economic problems. The Republic of Macedonia remains committed to pursuing membership in European and global economic structures. It became a full World Trade Organization (WTO) member in April 2003. Following a 1997 cooperation agreement with the European Union (EU), the Republic of Macedonia signed a Stabilization and Association Agreement with the EU in April 2001, giving Macedonia duty-free access to European markets. The Republic of Macedonia has signed Free Trade Agreements with Albania, Bosnia and Herzegovina, Serbia and Montenegro, Bulgaria, Croatia, Ukraine, Slovenia, Turkey, Romania, and the European Free Trade Association countries. It also has signed an Interim Free Trade Agreement with the UN Mission in Kosovo. The major policy objective and priority of the Republic of

  18. Market integration in the crustaceans market

    DEFF Research Database (Denmark)

    Ankamah-Yeboah, Isaac; Bronnmann, Julia

    2018-01-01

    are substitutes. Price determination processes for the shrimp markets vary with the level of the value chain. The results imply that the wild and farmed crustaceans markets are interacting through substitution effects. Hence, the markets have the capability to shield volatile and rising prices that would emanate......In this paper the price dynamics and the degree of market integration in the German crustaceans market is examined using cointegration methods. The study focuses on wild caught cold water shrimp, farmed warm water shrimp as well as lobster and derives implications for the fisheries sector....... In the analysis, both the import market and the retail market price reactions are distinguished. Therefore, it is evaluated how price changes affect competing commodities within and between the value chain of a given crustaceans commodity. Evidence of partial market integration is found for all species under...

  19. Elements of Marketing Mix in one-to-one Marketing

    OpenAIRE

    BADUR, Fadime

    2018-01-01

    Theelements of marketing mix are critical components that serve as a road map fordelivering the product to the customer in the most accurate way. McCarty’selements of marketing mix, which are generalized to 4P (product, price, place,promotion) with a product-oriented approach, have risen to 7P (product, price,place, promotion, people, physical environment and process) due to thedevelopment of the service sector and the human factor as an important elementin marketing services. The marketing m...

  20. Relationship Marketing - Best Practice in the Banking Sector

    Directory of Open Access Journals (Sweden)

    Cătălina Chirica

    2013-02-01

    Full Text Available This paper aims to highlight best practice in relationship marketing because of adjusted companies’ strategies in a turbulent, unstable, and dynamic economic environment. By best practice, we understand specific marketing tools and strategies built upon real needs and heterogeneous consumer preferences, addressed directly in a relevant way, aiming at clients’ long-term retention. We should also take into consideration the highly competitive market, with rapid changes in purchase and consumption behavior, while the ever-increasing degree of technology changes fundamentally not only the speed, but also the information content. Since past years we can talk about consumer behavior analysis based on multiple criteria, including the emotional or moral components, consumers’ expectations, and life style, as understanding such variables is the main pillar of relationship marketing. The main objectives rely upon building long-term relations, client retention, and loyalty. As part of marketing efforts, the communication component has an increasingly important role, approaching niches with tailored messages, inviting clients to open dialogue. Economic changes, extensive use of technology, migration towards online and optimization of communication channels opened the doors for digital era, when relationship marketing and client relationship management (CRM represent not a merely working premise, but an essential ground. Best practice in relationship marketing proves that this cannot be applied in any way and at any time, as this paper highlights the main components of building and implementing such a system.

  1. Organic Bread Wheat Production and Market in Europe

    DEFF Research Database (Denmark)

    David, C.; Abecassis, J.; Carcea, M.

    2012-01-01

    yield under organic production. The choice of cultivar, green manure, fertilization and intercropping legumes – grain or forage – are efficient ways to obtain high grain quality and quantity. The economic viability of wheat production in Europe is also affected by subsidies from European Union agri......This chapter is a first attempt to analyse bottlenecks and challenges of European organic bread wheat sector involving technical, political and market issues. From 2000, the organic grain market has largely increased in Western Europe. To balance higher consumer demand there is a need to increase...... organic production by a new transition and technical improvement. Bread wheat is grown in a variety of crop rotations and farming systems where four basic organic crop production systems have been defined. Weeds and nitrogen deficiency are considered to be the most serious threat inducing lowest grain...

  2. World Energy Markets Observatory. November 2017 - 19. Edition

    International Nuclear Information System (INIS)

    Lewiner, Colette; Stoneman, Perry; Modi, Gaurav; Lindhaus, Jan

    2017-11-01

    The study reveals that progress in the sector's generation technologies has caused an acceleration in the Energy Transition, while related renewable growth continues to destabilize the wholesale electricity markets and key players. The study also highlights a profound change in customer energy usage, behaviors and expectations, with, for example, self-consumption, Smart Homes, Smart Buildings, Smart Plants, Smart Cities and the creation of communities to purchase or manage energy differently. As a result, the financial situation of established Utilities remains challenging. The report encourages Utilities to accelerate their transformation efforts and to leverage increasingly the power of Digital Transformation. The three main findings of the 2017 edition of the World Energy Markets Observatory report are: 1. Rapid evolution of generation technologies makes the renewables penetration unstoppable, thanks to their competitiveness gains, and despite the end of feed-in tariffs in Europe; 2. Empowered Smart Energy consumers are pushing Utilities to deliver new energy services; 3. Established Utilities, heavily hit by Energy Transition and customers' evolving expectations, have started large transformations. It's now time to accelerate by leveraging Digital Transformation

  3. Optimising value and quality in general practice within the primary health care sector through relationship marketing: a conceptual framework.

    Science.gov (United States)

    Bansal, Manjit K

    2004-01-01

    Discusses the rationale of applying relationship marketing and service quality concepts within the primary health care sector. The use of relational strategies in general practice, by modelling the relationships between practitioners and patients from a marketing perspective, could potentially lead to sustained high quality service being provided, and to more efficient use of resources. This essentially conceptually focused paper addresses an area that has not yet been researched in detail, and furthers understanding of the relationships that facilitate exchange within general practice and service delivery in non-profit, resource-constrained conditions. Deeper understanding of the needs and expectations of patients and the way these can be delivered by general practice can only lead to improvements for all parties involved. The relationship marketing paradigm presents itself as a potentially exciting way of addressing issues associated with ensuring that the highest level of quality is delivered in this area of the UK National Health Service.

  4. Sector-specific human capital and the distribution of earnings

    OpenAIRE

    Eric Smith

    2009-01-01

    This paper incorporates assignment frictions and sector-specific training into the Roy model of occupational choice. Assignment frictions represent the extent of the market whereas differences in sector-specific training reflect worker specialization. This framework thus captures Adam Smith's idea that the extent of the market determines the division of labor. The paper demonstrates the way in which the relationship between assignment frictions and specialization affects the level and composi...

  5. Energy transition, is it now?

    International Nuclear Information System (INIS)

    Combe, Matthieu; Thouverez, Pierre

    2016-06-01

    As French energy policy is now defined for energy transition, the contributions of this publication discuss implemented measures, what new laws will change, and what will be the consequences for industry. A first set of articles thus comments evolutions related to the implementation of energy transition in the building sector, how energy transition wants to get rid of wastage, how energy transition will impact the transport sector (public transports, car-pool and car sharing, bicycle, retail sector, airfields), and outline that President Hollande has fulfilled (nearly) all his commitments. The next article comments changes and critics made by the French constitutional Council on the law for energy transition. The next set of articles comments the results of an ADEME's study on bicycle kilometre allowance, discusses the issue of energy safety, and comments statements made by candidates to the French President election of 2012 on nuclear energy after the Fukushima accident

  6. Outlook for electricity markets 2005-2006 : an energy market assessment

    International Nuclear Information System (INIS)

    2005-06-01

    The National Energy Board monitors the supply of electricity as well as its demand in both domestic and export markets. This document was produced in response to a survey with power generation, transmission and distribution companies, marketers, end-users, environmental groups and government agencies who demonstrated the need for more short-and medium-term energy market assessments to supplement the Board's longer term energy analysis. It on the short-term (2005-2006) issues that can have a long-term effect on the electricity sector. The document presents an analysis of Canadian electricity markets with particular focus on the main drivers affecting current trends in generation, demand, prices, infrastructure additions, and inter-regional and international trade. Current restructuring activities in Canada's electricity industry were also described along with the close relationship between the electricity sectors in Canada and the United States which stems from the integrated nature of the North American power grid. A regional market assessment and a summary was provided for each of Canada's provinces and territories with reference to market structure and current market developments. It was revealed that Canada's electricity markets have developed along provincial or regional boundaries. Utilities have tried to provide adequate and reliable electricity supply, environmental sustainability and acceptable electricity prices. It was concluded that supply is adequate in all regions in the short-term, but tight supply conditions could emerge as early as 2007. Alternative and renewable resource and demand management are becoming more important in addressing air quality issues and supply adequacy. Since uncertainty may delay investment and development of new infrastructure, utilities may be forced to increase electricity prices. It was suggested that interprovincial energy transfers should be further explored. Five recommendations were presented to address the key

  7. Sectoral Innovation Foresight. Wholesale and Retail Trade Sector. Final Report. Task 2

    NARCIS (Netherlands)

    Giesecke, S.; Schaper-Rinkel

    2010-01-01

    The internationalization, concentration and differentiation of retailing is challenging the traditional retail and wholesale sector organisation and its distribution structures that firms have employed to get goods and services to market. With the intensification of competition and speed of change

  8. Economy, market and chain

    NARCIS (Netherlands)

    Sukkel, W.; Hommes, M.

    2009-01-01

    In their pursuit of growth and professionalisation, the Dutch organic sector focuses primarily on market development. But how do you stimulate the market for organic foods? This is the subject of many research projects concerning market, consumer preferences and the supply chain. These projects

  9. Private sector health reform in South Africa.

    Science.gov (United States)

    Van Den Heever, A M

    1998-06-01

    This paper discusses some of the trends, debates and policy proposals in relation to the financing of the private health sector in South Africa. The public and private sectors in South Africa are of equivalent size in terms of overall expenditure, but cover substantially different population sizes. Within this context the government has reached the unavoidable conclusion that the private sector has to play some role in ensuring that equity, access and efficiency objectives are achieved for the health system as a whole. However, the private sector is some way off from taking on this responsibility. Substantial increases in per capita costs over the past 15 years, coupled with a degree of deregulation by the former government, have resulted in increasing instability and volatility. The development of a very competitive medical scheme (health insurance) market reinforced by intermediaries with commercial interests has accelerated trends toward excluding high health risks from cover. The approach taken by the government has been to define a new environment which leaves the market open for extensive competition, but removes from schemes the ability to compete by discriminating against high health risks. The only alternatives left to the private market, policy makers hope, will be to go out of business, or to survive through productivity improvements.

  10. The Market Dynamics of Generic Medicines in the Private Sector of 19 Low and Middle Income Countries between 2001 and 2011: A Descriptive Time Series Analysis

    Science.gov (United States)

    Kaplan, Warren A.; Wirtz, Veronika J.; Stephens, Peter

    2013-01-01

    This observational study investigates the private sector, retail pharmaceutical market of 19 low and middle income countries (LMICs) in Latin America, Asia and the Middle East/South Africa analyzing the relationships between volume market share of generic and originator medicines over a time series from 2001 to 2011. Over 5000 individual pharmaceutical substances were divided into generic (unbranded generic, branded generic medicines) and originator categories for each country, including the United States as a comparator. In 9 selected LMICs, the market share of those originator substances with the largest decrease over time was compared to the market share of their counterpart generic versions. Generic medicines (branded generic plus unbranded generic) represent between 70 and 80% of market share in the private sector of these LMICs which exceeds that of most European countries. Branded generic medicine market share is higher than that of unbranded generics in all three regions and this is in contrast to the U.S. Although switching from an originator to its generic counterpart can save money, this narrative in reality is complex at the level of individual medicines. In some countries, the market behavior of some originator medicines that showed the most temporal decrease, showed switching to their generic counterpart. In other countries such as in the Middle East/South Africa and Asia, the loss of these originators was not accompanied by any change at all in market share of the equivalent generic version. For those countries with a significant increase in generic medicines market share and/or with evidence of comprehensive “switching” to generic versions, notably in Latin America, it would be worthwhile to establish cause-effect relationships between pharmaceutical policies and uptake of generic medicines. The absence of change in the generic medicines market share in other countries suggests that, at a minimum, generic medicines have not been strongly

  11. The market dynamics of generic medicines in the private sector of 19 low and middle income countries between 2001 and 2011: a descriptive time series analysis.

    Science.gov (United States)

    Kaplan, Warren A; Wirtz, Veronika J; Stephens, Peter

    2013-01-01

    This observational study investigates the private sector, retail pharmaceutical market of 19 low and middle income countries (LMICs) in Latin America, Asia and the Middle East/South Africa analyzing the relationships between volume market share of generic and originator medicines over a time series from 2001 to 2011. Over 5000 individual pharmaceutical substances were divided into generic (unbranded generic, branded generic medicines) and originator categories for each country, including the United States as a comparator. In 9 selected LMICs, the market share of those originator substances with the largest decrease over time was compared to the market share of their counterpart generic versions. Generic medicines (branded generic plus unbranded generic) represent between 70 and 80% of market share in the private sector of these LMICs which exceeds that of most European countries. Branded generic medicine market share is higher than that of unbranded generics in all three regions and this is in contrast to the U.S. Although switching from an originator to its generic counterpart can save money, this narrative in reality is complex at the level of individual medicines. In some countries, the market behavior of some originator medicines that showed the most temporal decrease, showed switching to their generic counterpart. In other countries such as in the Middle East/South Africa and Asia, the loss of these originators was not accompanied by any change at all in market share of the equivalent generic version. For those countries with a significant increase in generic medicines market share and/or with evidence of comprehensive "switching" to generic versions, notably in Latin America, it would be worthwhile to establish cause-effect relationships between pharmaceutical policies and uptake of generic medicines. The absence of change in the generic medicines market share in other countries suggests that, at a minimum, generic medicines have not been strongly promoted.

  12. The market dynamics of generic medicines in the private sector of 19 low and middle income countries between 2001 and 2011: a descriptive time series analysis.

    Directory of Open Access Journals (Sweden)

    Warren A Kaplan

    Full Text Available This observational study investigates the private sector, retail pharmaceutical market of 19 low and middle income countries (LMICs in Latin America, Asia and the Middle East/South Africa analyzing the relationships between volume market share of generic and originator medicines over a time series from 2001 to 2011. Over 5000 individual pharmaceutical substances were divided into generic (unbranded generic, branded generic medicines and originator categories for each country, including the United States as a comparator. In 9 selected LMICs, the market share of those originator substances with the largest decrease over time was compared to the market share of their counterpart generic versions. Generic medicines (branded generic plus unbranded generic represent between 70 and 80% of market share in the private sector of these LMICs which exceeds that of most European countries. Branded generic medicine market share is higher than that of unbranded generics in all three regions and this is in contrast to the U.S. Although switching from an originator to its generic counterpart can save money, this narrative in reality is complex at the level of individual medicines. In some countries, the market behavior of some originator medicines that showed the most temporal decrease, showed switching to their generic counterpart. In other countries such as in the Middle East/South Africa and Asia, the loss of these originators was not accompanied by any change at all in market share of the equivalent generic version. For those countries with a significant increase in generic medicines market share and/or with evidence of comprehensive "switching" to generic versions, notably in Latin America, it would be worthwhile to establish cause-effect relationships between pharmaceutical policies and uptake of generic medicines. The absence of change in the generic medicines market share in other countries suggests that, at a minimum, generic medicines have not been

  13. Production and competition in the European electric sector. 4. report from the research project 'renewable energy in the community's internal market'

    International Nuclear Information System (INIS)

    Kjersgaard, A.

    1997-01-01

    The aim is to elucidate the dynamic interactive pricing, competition and market mechanisms that are valid for the European electric power market. The perspective in the report is to analyse the vertical flow of substance and values of energy, the interaction of the actors, and the economic relations. The first link in the vertical chain is the energy raw materials supplies: the reserves and production of fossil and nuclear fuels and the relation to globalization of electricity production. The next link is the production of electricity: the production technologies used and their positioning, the importance of large trans-national utilities in relation to technological changes. The third link is the market and the changes of the market between production, transmission, distribution and consumption of electricity, and the consequences of these changes. Two horizontal regulating sectional views are analysed: The European Union regulations of the electric power sector and the Danish regulations of power supplies. Finally, production and competition of electric power from renewable energy sources, i.e. wind power, in a future European energy market is put into perspective. (LN) 134 refs

  14. The effect of education and economic growth in the labour market in transition economies - Case study for SEE countries

    Directory of Open Access Journals (Sweden)

    Majlinda Mazalliu

    2015-07-01

    Full Text Available In this research paper is analyzed labour market in transition economies with case study SEE countries and the main theoretical arguments for discussions are as following: the effects of education on labour market, improving labour market performance in SEE countries, structural reforms and economic policies for improving labour markets, relationship between level of education and growth on labour market. In methodology, the data is collected from international institutions and is calculated through STATA program. The main analyses include: descriptive statistic, multiple regression analysis and correlation matrix. The results of regression analysis and correlation matrix have shown that education has negative impact and negative correlation on labour market (labour market efficiency and labour market regulation. But, economic growth has shown positive impact and positive correlation on labour market (labour market efficiency and labour market regulation and all variables that are including in T-statistical analysis have shown non - significance on labour market.

  15. Does Online Marketing Truly Replace Traditional Marketing?

    OpenAIRE

    Gunawan, Emilia Margareth

    2013-01-01

    This review explains the way how online marketing has been replacing traditional marketing in terms of marketing mix. This replacement might happen, because online marketing can give advantages, i.e., offering on-time delivery, increasing effectiveness of two way interactions between buyer and seller, and creating online communities (Szmigin, et al, 2005). The transition of atoms to bits format reflects that tangible products in traditional marketing is being digitalized. The marketing strate...

  16. Transiting topological sectors with the overlap

    International Nuclear Information System (INIS)

    Creutz, Michael

    2003-01-01

    The overlap operator provides an elegant definition for the winding number of lattice gauge field configurations. Only for a set of configurations of measure zero is this procedure undefined. Without restrictions on the lattice fields, however, the space of gauge fields is simply connected. I present a simple low dimensional illustration of how the eigenvalues of a truncated overlap operator flow as one travels between different topological sectors

  17. Market research on biogas valorizations and methanization. Final report

    International Nuclear Information System (INIS)

    2010-09-01

    This market research aims at giving an overview of the existing methanization installations and of their dynamics in France, at assessing biogas production and use, at analyzing the methanization market, and at defining development perspectives for this sector by 2020. Based on a survey of methanization installations, on interviews with many actors of this sector, and on a seminar organized on this topic, this report presents and comments market data for biogas valorization and methanization in different sectors: household, agricultural, and industrial and waste water processing plants. It comments evolution trends by 2020 for these sectors, and the role that the emerging sector of centralized methanization could have in the years to come

  18. Private sector participation in power sector in transition economies

    International Nuclear Information System (INIS)

    Purica, I.

    1996-01-01

    The paper deals with the problems related to the private participation in the infrastructure projects developed mainly in the transient economies. The comparatively larger risk volatility of this economies is counterbalanced by the expected high return rates of these projects. In these circumstances the paper presents the possibility to use the World Bank Group support for enhancing the private sector investments. After a description of the type of support able to be given, some examples are presented related to an energy project in Pakistan and to two others in China. There is also given a synthesis concerning the potential places in Romania were such projects may be achievable. (author). 1 fig., 3 tabs., 2 refs

  19. Evaluating private security sector market perceptions in Finland

    OpenAIRE

    Santonen, Teemu; Paasonen, Jyri

    2015-01-01

    The role and signifi cance of private security services have grown in many countries, since traditional tasks of security authorities are being outsourced. The goal of this study is to empirically evaluate the perceptions of the private security market in Finland. As a result, we identifi ed three different future scenarios for the Finnish private security market, including(1) international success via innovations, (2) success via domestic markets, and (3) pessimistic success vision. It appea...

  20. Forecasting performance of smooth transition autoregressive (STAR model on travel and leisure stock index

    Directory of Open Access Journals (Sweden)

    Usman M. Umer

    2018-06-01

    Full Text Available Travel and leisure recorded a consecutive robust growth and become among the fastest economic sectors in the world. Various forecasting models are proposed by researchers that serve as an early recommendation for investors and policy makers. Numerous studies proposed distinct forecasting models to predict the dynamics of this sector and provide early recommendation for investors and policy makers. In this paper, we compare the performance of smooth transition autoregressive (STAR and linear autoregressive (AR models using monthly returns of Turkey and FTSE travel and leisure index from April 1997 to August 2016. MSCI world index used as a proxy of the overall market. The result shows that nonlinear LSTAR model cannot improve the out-of-sample forecast of linear AR model. This finding demonstrates little to be gained from using LSTAR model in the prediction of travel and leisure stock index. Keywords: Nonlinear time-series, Out-of-sample forecasting, Smooth transition autoregressive, Travel and leisure

  1. 51 The Role of Stock Market Development on Economic Growth in ...

    African Journals Online (AJOL)

    User

    2012-01-24

    Jan 24, 2012 ... An International Multidisciplinary Journal, Ethiopia ... study measures the relationship between stock market development indices ... The stock market capitalization ratio was used as a ... market performance and economic growth. ... With well-functional financial sector or banking sector, stock markets can.

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

    Science.gov (United States)

    Chen, Feinian; Korinek, Kim

    2010-11-01

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

  3. Norwegian supply of goods and services to the British offshore sector

    International Nuclear Information System (INIS)

    Heide, M.; Noedland, S.I.

    1991-02-01

    Representatives from ten Norwegian companies in the offshore supplies industry were interviewed to explore the opportunities and barriers they had experienced in their effort to enter the British offshore sector. The interviews revealed that there are mainly four reasons why British sector is regarded as a favorable market: British sector is a natural homemarket, buyers operate both on the British and the Norwegian sector, the British sector can be a ''door-opener'' to the rest of the English speaking world, and finally the British sector is a market of considerable size. The companies had mainly encountered three types of barriers: British culture/communication problems, heavy competition from British suppliers, and protectionism. The report is concluded by summarizing what we believe are the critical success factors for entering the British sector. Directions for further research are also given

  4. Inbound Marketing - the most important digital marketing strategy

    Directory of Open Access Journals (Sweden)

    PATRUTIU-BALTES Loredana

    2017-01-01

    Full Text Available Digital marketing has a major importance in the marketing strategy of any company regardless of sector, size or country of origin. Thus, more than ever, in order to remain competitive, companies are forced to exploit this form of marketing, which essentially can bring huge benefits at low costs. The main form of digital marketing is the inbound marketing, which represents an organic marketing form, based on the close relationship between the company and its prospects or customers, who have expressed their interest in the company’s products voluntarily (based on subscription to newsletters, blog, social networks, etc. and who have been attracted and involved by a high quality of the content marketing.

  5. Economics and business administration post-graduates in transition from university to work: Labor market success factors

    NARCIS (Netherlands)

    Bijker, Monique; Van der Klink, Marcel; Boshuizen, Els

    2012-01-01

    Bijker, M. M., Van der Klink, M. R., & Boshuizen, H. P. A. (2012, 13-17 April). Economics and business administration post-graduates in transition from university to work: Labor market success factors. Paper presented at the Annual Meeting of the American Education Research Association (AERA),

  6. Twenty-five years of the common market in coal, 1953--1978

    Energy Technology Data Exchange (ETDEWEB)

    1977-01-01

    The development of the common market for coal is traced from its creation on 10 February 1953 by the High Authority of the European Coal and Steel Community up to the recent past. Describes the position assumed by coal in the Community's energy supply, the changes on the individual markets for solid fuels and the development of the factors affecting supply, including technical progress in the Community's coal mining industry. The changes which have transformed the world energy market are also described. There follows an account of the role played by the Community, in particular the ECSC executive, in the various stages of development of the common market in coal. Chapter 3 deals with the consolidation during the transitional period provided for in the ECSC Treaty; Chapter 4 describes the events of the coal crisis and Chapter 5 is devoted to Community energy policy since the oil crisis of 1973/74 from the coal industry's viewpoint. The appendix contains 39 tables of statistics covering all important aspects of the coal sector since the common market was established.

  7. Green growth opportunities in the EU shipbuilding sector. Final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-04-15

    Trends towards green shipping and green shipbuilding provide new market opportunities for the European shipbuilding and marine equipment sectors. The maritime transport sector is being incentivised to improve its environmental performance as a result of both market driven and regulatory greening trends. Examples of these trends are global regulation on NOx and SO2 emissions of ships, increased energy efficiency of new ships, ballast water management and an increased demand for offshore renewable energy generation. The European shipbuilding and marine equipment sectors have a leading position in high value, high complexity segments. It has a good starting position to contribute to the greening trends. This study identifies market opportunities for the EU shipbuilding industry that follow from greening trends in shipping and other areas. Taking the greening together, the global market potential for the period until 2020 is estimated to be minimally euro 12.5-15.5 bn per year. The study recommends that the EU enhances its cluster support provision, continues the promotion of the shipbuilding and marine equipment sectors as attractive work places, continues promoting the use of market based instruments at IMO level and consider adopting schemes at EU level. This report is built on an extensive market consultation process through in-depth interviews with over 35 stakeholders, complemented with a review of the state of the art literature and a stakeholder workshop. As such it is not a statistical analysis, or an academic or political analysis, but it represents an in-depth insight based on key market actors and industry players.

  8. The influence of the new Basel regulation rules on the Slovak banking sector

    Directory of Open Access Journals (Sweden)

    Emília Zimková

    2012-01-01

    Full Text Available The aim of the paper is to quantify an impact of the new Basel regulation rules which are known as Basel III on the Slovak banking sector. We present methodology provided by the Bank for international settlement in its monitoring workbook and as to database the set of central bank statements and reports provided upon request have been used. Based on our calculations we discovered three main impacts of the Basel III on the Slovak banking sector: i the volume and quality of the capital meet requirements of the new Basel regulation already. There are no hybrid instruments in Tier 1 Capital. Movements in volumes of expected risk-weighted assets in the Slovak banking sector won´t be relevant particularly due to absence of toxic assets associated with financial markets; ii calculated indicator of leverage is more than two times higher as the requested one; iii the liquidity coverage ratio and the net stable funding ratio are even today in the Slovak banking sector highly above standards and they do not require any transitional period. The direction of the development of the world banking is returning to the classical trading model and the parameters are set for this. The Slovak banking sector did not manage to leave this classical model and this will help it now and also in the future.

  9. Transition to a post-carbon society: Linking environmental justice and just transition discourses

    International Nuclear Information System (INIS)

    Evans, Geoff; Phelan, Liam

    2016-01-01

    The Hunter Valley, in New South Wales, Australia, is a globally significant coal mining and exporting region. The Hunter economy's strong basis in fossil fuel production and consumption is challenged by civil society campaigns employing environmental justice discourses. This paper analyses how two civil society campaigns in the Hunter region (‘Stop T4′ and 'Groundswell’) have countered the regional hegemony of fossil fuel interests from an environmental justice perspective. However, the discursive dominance of the 'jobs versus environment’ frame hinders efforts to build solidarity amongst local environmental justice goals on the one hand, and workers and union aspirations for secure, quality jobs on the other. Long-term structural decline of global coal markets adds pressure for economic transition. We argue that campaigns to open up possibilities for transition away from fossil fuel dependency to a post-carbon society can be strengthened by engaging with the 'just transition’ discourses that are typically associated with organised labour. Doing so can create synergy for social change by aligning community and labour movement interests. Inclusive social movement partnerships around this synergy must address structural disadvantage that creates social and economic insecurity if communities are to prevail over the fossil fuel sector's hegemony. - Highlights: • Jobs versus environment. • Environmental justice. • Just transition. • Counter-hegemonic forces.

  10. Strong phase transition, dark matter and vacuum stability from simple hidden sectors

    Energy Technology Data Exchange (ETDEWEB)

    Alanne, Tommi, E-mail: tommi.alanne@jyu.fi [Department of Physics, University of Jyväskylä, P.O. Box 35 (YFL), FI-40014 University of Jyväskylä (Finland); Helsinki Institute of Physics, P.O. Box 64, FI-00014 University of Helsinki (Finland); Tuominen, Kimmo, E-mail: kimmo.i.tuominen@helsinki.fi [Department of Physics, University of Helsinki, P.O. Box 64, FI-00014 University of Helsinki (Finland); Helsinki Institute of Physics, P.O. Box 64, FI-00014 University of Helsinki (Finland); Vaskonen, Ville, E-mail: ville.vaskonen@jyu.fi [Department of Physics, University of Jyväskylä, P.O. Box 35 (YFL), FI-40014 University of Jyväskylä (Finland); Helsinki Institute of Physics, P.O. Box 64, FI-00014 University of Helsinki (Finland)

    2014-12-15

    Motivated by the possibility to explain dark matter abundance and strong electroweak phase transition, we consider simple extensions of the Standard Model containing singlet fields coupled with the Standard Model via a scalar portal. Concretely, we consider a basic portal model consisting of a singlet scalar with Z{sub 2} symmetry and a model containing a singlet fermion connected with the Standard Model fields via a singlet scalar portal. We perform a Monte Carlo analysis of the parameter space of each model, and we find that in both cases the dark matter abundance can be produced either via freeze-out or freeze-in mechanisms, but only in the latter model one can obtain also a strong electroweak phase transition required by the successful electroweak baryogenesis. We impose the direct search limits and consider systematically the possibility that the model produces only a subdominant portion of the dark matter abundance. We also study the renormalization group evolution of the couplings of the model to determine if the scalar sector of the model remains stable and perturbative up to high scales. With explicit examples of benchmark values of the couplings at weak scale, we show that this is possible. Models of this type are further motivated by the possibility that the excursions of the Higgs field at the end of inflation are large and could directly probe the instability region of the Standard Model.

  11. Problems Encountered during the Transition to Market Economy in Azerbaijan and Solution Attempts

    Directory of Open Access Journals (Sweden)

    Elchin SULEYMANOV

    2014-07-01

    Full Text Available After re-gaining its independence on 18 October 1991, the Republic of Azerbaijan started the transformation to the market-based economy and the integration into the world economy. The country’s oil and natural gas reserves have been considered the main source for financing a range of government programs for reforms. On the one hand, these reserves had to be used effectively; on the other hand, there was a huge demand for foreign investment for extraction. To this end, Azerbaijan has signed “Contract of the Century” in 1994. Although Azerbaijan has wide oil and natural gas reserves, it has faced a number of difficulties in its transition path. This study analyzes these problems and reforms for solving them. One of the types of the problems related to the economic structure of the former Soviet Union: disruption of the economic ties between the republics resulted in a decline of production, high levels of unemployment and prices and consequently led to an economic recession in all of the republics. Another set of problems related to the lack of sufficient institutional bases to transform to the market economy. Moreover, internal conflicts between the political parties and groups for having authority as well as political chaos in the republic can be considered other serious problems during the transition period. Furthermore, Karabakh war and occupation of 20 percent of the Azerbaijani territory by the Armenian military forces had made the situation extremely complicated. Despite all of these extremes, Azerbaijan transformed to the market-based economy decidedly and even became one of the fast growing countries of the world. Even in 2013, with the GDP growth rate of 5.6 percent, Azerbaijan was a leader among growing economies. In parallel with this significant economic development, there is still a need for some socio-economic and institutional reforms in order to get a well-functioning market-based economy in Azerbaijan.

  12. Institutional framework of the Chinese power sector. Background and overview paper on the status quo and reforms of the Chinese power sector

    International Nuclear Information System (INIS)

    Van Sambeek, E.J.W.

    2001-10-01

    The Chinese power sector is currently undergoing significant structural changes. This report describes the current developments of the institutional framework of the Chinese power sector and the emerging Chinese electricity market. It is intended as a background information paper for foreign consultants and others that grapple with the complicated and fast changing structure of the Chinese power sector. The scope of this report is limited to grid-connected power. The paper starts with a brief introduction to the structure of the Chinese Government and then describes the main changes that have occurred in the Chinese power sector since 1978. Early power sector reforms consisted of decentralisation of decision making power to lower government levels, deregulation of investment and price control, and corporatization of the operational and business parts of the state electricity activities. The increasing inefficiencies of an ever more complicated and bureaucratic government, the non-transparency of policies, regulations and pricing, and the confused ownership and management structure of utility assets called for further reforms. In 1997 an episode of further institutional and market reforms was initiated aiming to achieve a fully competitive wholesale power market by 2010. The reforms started with the further separation of government and business functions that were previously combined in the same government units. Most notably the State Power Corporation (SP) was established while the former Ministry Of Electric Power (MOEP) was dissolved. The government responsibilities of MOEP were turned over to the State Economic and Trade Commission (SETC). Near-term power sector reforms will concentrate on consolidating network functions in State Power Corporation or its branches and subsidiary corporations, while separating generation from transmission and distribution activities. A competitive power generation market will be established based on the single buyer concept. The

  13. Renewable energies in the transport sector: Costs and possibilities

    International Nuclear Information System (INIS)

    Ajanovic, Amela; Haas, Reinhard

    2007-01-01

    Alternative fuels based on renewable energy sources, such as biodiesel, bioethanol and hydrogen from RES, have potential to reduce greenhouse gas emissions, climate change, to increase supply security and energy diversity. Transition from a fossil fuels based transport to future sustainable and clean transport is a long term and cost intensive process, especially for hydrogen use in transport. Hydrogen infrastructure is missing and most of hydrogen technologies are still at developing stage.This paper examines the economics of biofuels (bioethanol and biodiesel) and hydrogen production from renewable energy sources. The current and future costs of alternative fuels as well as the costs of the provided energy services are analysed in a dynamic framework till the year 2050. The goal is to identify the market chance of alternative fuels in a long term (till 2050). A rapid increase of fuel cell vehicles with hydrogen on the market is not expected before 2030, mainly because the costs of the fuel cells are still very high and because their efficiency, as well as the travelling range, is rather moderate.However, the use of alternative fuels in transport sector is very dependent on the political will. If political preferences, like e.g. zero-emission-vehicles, gain strong relevance this new fuels could accelerate its market penetration significantly

  14. Attractiveness of employment sectors for physical therapists in Ontario, Canada (1999-2007: implication for the long term care sector

    Directory of Open Access Journals (Sweden)

    Landry Michel D

    2012-05-01

    Full Text Available Abstract Background Recruiting and retaining health professions remains a high priority for health system planners. Different employment sectors may vary in their appeal to providers. We used the concepts of inflow and stickiness to assess the relative attractiveness of sectors for physical therapists (PTs in Ontario, Canada. Inflow was defined as the percentage of PTs working in a sector who were not there the previous year. Stickiness was defined as the transition probability that a physical therapist will remain in a given employment sector year-to-year. Methods A longitudinal dataset of registered PTs in Ontario (1999-2007 was created, and primary employment sector was categorized as ‘hospital’, ‘community’, ‘long term care’ (LTC or ‘other.’ Inflow and stickiness values were then calculated for each sector, and trends were analyzed. Results There were 5003 PTs in 1999, which grew to 6064 by 2007, representing a 21.2% absolute growth. Inflow grew across all sectors, but the LTC sector had the highest inflow of 32.0%. PTs practicing in hospitals had the highest stickiness, with 87.4% of those who worked in this sector remaining year-to-year. The community and other employment sectors had stickiness values of 78.2% and 86.8% respectively, while the LTC sector had the lowest stickiness of 73.4%. Conclusion Among all employment sectors, LTC had highest inflow but lowest stickiness. Given expected increases in demand for services, understanding provider transitional probabilities and employment preferences may provide a useful policy and planning tool in developing a sustainable health human resource base across all employment sectors.

  15. Attractiveness of employment sectors for physical therapists in Ontario, Canada (1999-2007): implication for the long term care sector

    Science.gov (United States)

    2012-01-01

    Background Recruiting and retaining health professions remains a high priority for health system planners. Different employment sectors may vary in their appeal to providers. We used the concepts of inflow and stickiness to assess the relative attractiveness of sectors for physical therapists (PTs) in Ontario, Canada. Inflow was defined as the percentage of PTs working in a sector who were not there the previous year. Stickiness was defined as the transition probability that a physical therapist will remain in a given employment sector year-to-year. Methods A longitudinal dataset of registered PTs in Ontario (1999-2007) was created, and primary employment sector was categorized as ‘hospital’, ‘community’, ‘long term care’ (LTC) or ‘other.’ Inflow and stickiness values were then calculated for each sector, and trends were analyzed. Results There were 5003 PTs in 1999, which grew to 6064 by 2007, representing a 21.2% absolute growth. Inflow grew across all sectors, but the LTC sector had the highest inflow of 32.0%. PTs practicing in hospitals had the highest stickiness, with 87.4% of those who worked in this sector remaining year-to-year. The community and other employment sectors had stickiness values of 78.2% and 86.8% respectively, while the LTC sector had the lowest stickiness of 73.4%. Conclusion Among all employment sectors, LTC had highest inflow but lowest stickiness. Given expected increases in demand for services, understanding provider transitional probabilities and employment preferences may provide a useful policy and planning tool in developing a sustainable health human resource base across all employment sectors. PMID:22643111

  16. THE SPORTS GOODS MARKET IN THE EU

    Directory of Open Access Journals (Sweden)

    Maja Štrbac

    2011-03-01

    Full Text Available There are a number of ways to divide this market sector, but broadly speaking the sports market essentially relates to products used in the pursuit of active team or individual sports. This would include team sports, equipment for fitness, gym, snow sports, equipment for water sports, golf, tennis and skating. There is also the „outdoor“ market. This would include camping goods, fishing and horse sports. There are a number of inter- related trends, which impact on the future development of this market sector

  17. Italy: a market in transition

    International Nuclear Information System (INIS)

    White, N.

    2002-01-01

    The prospects for the Italian gas market, the third biggest in Europe, are reviewed briefly. With increasing demand for gas-fired generation of electric power, Italy will need a new infrastructure. At present, Italian electric power is among the most expensive in Europe. Enei, the dominant generator in the country, is converting its oil-fired plants to gas to increase efficiency and reduce emissions. Combined cycle gas turbine plants are seen as the best way to enter the Italian market. Eni has much gas under 'take or pay' contracts but eventually their grip on the market will be loosened and international players such as Edison, BG Italia BP Shell, and Italian distributors such as AEM Milano, AEM Torino, and ACEA Roma may find new opportunities on offer

  18. Revisiting the Vulnerability Ethos in Cross-Sectoral Transition Policies and Practices for Young People in the Era of Marketisation of Education

    Science.gov (United States)

    Brunila, Kristiina; Ikävalko, Elina; Kurki, Tuuli; Mertanen, Katariina; Mikkola, Anna

    2016-01-01

    The ethos of vulnerability has come to play an increasingly central role in shaping cross-sectoral transition policies and practices related to young people outside of education and working life. Yet the wider effects of this ethos in policies and practices are still rarely analysed. In this article, we draw our data from five separate studies.…

  19. Sectoral Innovation Foresight. Space and Aeronautics Sectors. Final Report. Task 2

    NARCIS (Netherlands)

    Brandes, F.; Poel, M.

    2011-01-01

    The European aerospace industry is world leader in large civil aircraft, business jets and helicopters, aero-engines and defence electronics. The sector in Europe is dominated by a small number of large firms highly concentrated in the UK, France and Germany. It is a mature market focusing on

  20. Economic transition and health transition: comparing China and Russia.

    Science.gov (United States)

    Liu, Y; Rao, K; Fei, J

    1998-05-01

    Drawing on experiences from China and Russia (the world's two largest transitional economies), this paper empirically examines the impact of economic reforms on health status. While China's overall health status continued to improve after the economic reform, Russia experienced a serious deterioration in its population health. The observed differences in health performance between China and Russia can be explained by the different impacts of economic reforms on three major socioeconomic determinants of health. Depending on whether or not the reform improves physical environment (as reflected in income level and nutritional status), social environment (including social stability and security system), and health care, we would observe either a positive or a negative net effect on health. Despite remarkable differences in overall health development, China and Russia share some common problems. Mental and social health problems such as suicides and alcohol poisoning have been on the rise in both countries. These problems were much more serious in Russia, where political and social instability was more pronounced, associated with Russia's relatively radical reform process. With their economies moving toward a free market system, health sectors in China and Russia are undergoing marketization, which has had serious detrimental effect on the public health services.