WorldWideScience

Sample records for small open economies

  1. Public Investment in a Small Open Economy

    NARCIS (Netherlands)

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

    1997-01-01

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

  2. Growth and the Current Account in a Small Open Economy.

    Science.gov (United States)

    Benge, Matt; Wells, Graeme

    2002-01-01

    Offers a framework with which to analyze growth in a small economy with perfect capital mobility. Produces a diagrammatic representation of steady states that differs from the usual closed-economy Solow-Swan diagram. Uses the diagrams to compare open economy steady states with closed ones. Illustrate the possibility of endogenous income growth.…

  3. Foreign Prices Shocks in a Small Open Economy

    DEFF Research Database (Denmark)

    Gestsson, Marias Halldór

    management can be used to improve welfare following such changes. This paper analyses this using a New Open Economy Macro (NOEM) model of a small open economy. Among others, the results indicate that, in a small open economy, a terms of trade appreciation results in increased consumption, labor use...... and output on impact while consumption increases but labor use and output decrease in future time periods. The results also indicate that the vulnerability of an economy towards such shocks is negatively related to its size. Finally, the results indicate that there exists a welfare improving demand...

  4. Small Open Economy Firms in International Trade

    DEFF Research Database (Denmark)

    Eriksson, Tor Viking; Smeets, Valérie; Warzynski, Frederic

    .S. or developing economies like Columbia or Mexico. Benchmarking on these studies, we find some similarities but also differences which we think are representative of European-type, small open economies. We find that Danish exporters make up a fairly small fraction of the total of firms, but that this fraction...

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

    NARCIS (Netherlands)

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

    1996-01-01

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

  6. Regional and international market integration of a small open economy

    OpenAIRE

    Sebastian Fossati; Fernando Lorenzo; Cesar M. Rodríguez

    2007-01-01

    This paper studies the relationship between a set of commodity prices in a small open economy like Uruguay and the corresponding international and regional prices. The empirical methodology used is the multivariate cointegration procedure based on maximum likelihood methods introduced by Johansen (1988) as well as estimations of half-life persistence indicators. In the case of cereals, the evidence suggests strong market integration between domestic and regional markets and, to some extent, a...

  7. Examining the Efforts of a Small, Open Economy to Reduce Carbon Emissions

    DEFF Research Database (Denmark)

    Levitt, Clinton J.; Saaby Pedersen, Morten; Sørensen, Anders

    2015-01-01

    faced by a large set of the world's economies. This paper has three objectives: (1) investigate the outcome of Denmark's efforts to reduce its carbon emissions by characterizing the relationship between Denmark's macroeconomic activity and carbon emissions; (2) determine the carbon content of Danish...... emissions by relatively small, open economies. Although, these economies are small players in international markets, international trade has an important influence on their economies. Investigating the outcome of efforts to curb emissions by these small, open economies provides insights into the situation...... suggest two, related lessons. First, small, open economies, should track both production and consumption emissions when evaluating their progress towards reducing carbon emissions. Second, international trade should be considered in the design of environmental policy. The Danish experience indicates...

  8. Capital inflows, crisis and recovery in small open economies

    DEFF Research Database (Denmark)

    Raza, Hamid; Zoega, Gylfi; Kinsella, Stephen

    2018-01-01

    We compare two small open economics, Iceland and Ireland, that experienced a capital inflow through their banking systems in the period preceding the 2008 financial crises but differ in their currency arrangements. Both countries have mostly recovered from their respective crises...

  9. On the Determinants of Optimal Border Taxes for a Small Open Economy

    DEFF Research Database (Denmark)

    Munk, Knud Jørgen; Rasmussen, Bo Sandemann

    For a small open economy where the government is restricted to raise revenue usingborder taxes only, the optimal structure of border taxes is considered. As a matter of normalization exports and the supply to the market of the primary factor may be assumed to be untaxed, but that the household use...... are interpreted in the spirit of the Corlett-Hague results for the optimal tax structure in a closed economy and compared with results from CGE models....

  10. Ageing and Pension Reform in a Small Open Economy : The Role of Savings Incentives

    NARCIS (Netherlands)

    Leers, T.; Meijdam, A.C.; Verbon, H.A.A.

    1998-01-01

    In this paper we analyse the effects of ageing in a small open economy with a representative government. More specific, we adress the question whether in case of ageing a transition from an unfunded to a more funded pension scheme is politically feasible. We show that the existence of a suitable

  11. Intergenerational and international welfare leakages of a product subsidy in a small open economy

    NARCIS (Netherlands)

    Bettendorf, LJH; Heijdra, BJ

    2001-01-01

    A dynamic overlapping-generations model of a small open economy with monopolistic competition in the goods market is constructed. Lump-sum tax-financed product subsidization boosts output and employment both in the impact period and in the new steady state. The real exchange rate depreciates in the

  12. A Life-Cycle Overlapping-Generations Model of the Small Open Economy

    NARCIS (Netherlands)

    Heijdra, Ben J.; Romp, Ward E.

    2005-01-01

    In this paper we construct an overlapping generations model for the small open economy incorporating a realistic description of the mortality process. With agedependent mortality, the typical life-cycle pattern of consumption and saving results from the maximizing behaviour of individual households.

  13. Optimum Organization of the Labor Market in a Small Open Economy

    DEFF Research Database (Denmark)

    Blomgren-Hansen, Niels

    2012-01-01

    In Denmark labor has been organized in independent but cooperating craft unions for more than a century. Within an extremely simple model of a small open economy facing imperfect competition, we analyze four different ways of organizing the labor market and show that the Danish model (partial...

  14. Estimating DSGE model parameters in a small open economy: Do real-time data matter?

    Directory of Open Access Journals (Sweden)

    Capek Jan

    2015-03-01

    Full Text Available This paper investigates the differences between parameters estimated using real-time and those estimated with revised data. The models used are New Keynesian DSGE models of the Czech, Polish, Hungarian, Swiss, and Swedish small open economies in interaction with the euro area. The paper also offers an analysis of data revisions of GDP growth and inflation and trend revisions of interest rates.

  15. Monetary Policy, Incomplete Asset Markets, and Welfare in a Small Open Economy

    OpenAIRE

    Shigeto Kitano; Kenya Takaku

    2014-01-01

    We develop a small open economy model with capital, sticky prices, and a simple form of financial frictions. We compare welfare levels under three alternative rules: a domestic inflation-based Taylor rule, a CPI inflation-based Taylor rule, and an exchange rate peg. We show that the superiority of an exchange rate peg over a domestic inflation-based Taylor rule becomes more pronounced under incomplete financial asset markets and more severe financial frictions.

  16. Predictive performance of DSGE model for small open economy – the case study of Czech Republic

    Directory of Open Access Journals (Sweden)

    Tomáš Jeřábek

    2013-01-01

    Full Text Available Multivariate time series forecasting is applied in a wide range of economic activities related to regional competitiveness and is the basis of almost all macroeconomic analysis. From the point of view of political practice is appropriate to seek a model that reached a quality prediction performance for all the variables. As monitored variables were used GDP growth, inflation and interest rates. The paper focuses on performance prediction evaluation of the small open economy New Keynesian DSGE model for the Czech republic, where Bayesian method are used for their parameters estimation, against different types of Bayesian and naive random walk model. The performance of models is identified using historical dates including domestic economy and foreign economy, which is represented by countries of the Eurozone. The results indicate that the DSGE model generates estimates that are competitive with other models used in this paper.

  17. The Globalization of the Business Sector in a Small Open Economy

    DEFF Research Database (Denmark)

    Thompson, Grahame; Kaspersen, Lars Bo

    2012-01-01

    The growth of multinational corporations (MNCs) is often taken as a quintessential indicator of ‘globalization’. But recent detailed empirical analysis has challenged the idea that most MNCs are global in terms of their business strategy and arena of operations. This article first clarifies...... the differences between globalization, internationalization and supranational-regionalization by examining the evidence on trade and investment patterns for Denmark. In particular, it presents a detailed analysis of the business strategies of the large corporate sector in Denmark. Denmark is an interesting case......, as it is a small open economy (SOE) that might be thought to be one uniquely vulnerable to the forces of globalization. Up until now examination of MNCs' internationalization strategies has concentrated upon large economies. We provide evidence for a SOE. In addition, we expand the range of dimensions used...

  18. Fiscal Impacts on Output in a Small Open Economy: The Case of Albania

    Directory of Open Access Journals (Sweden)

    Patonov Nikolay

    2016-06-01

    Full Text Available The paper is intended to study the effects of total government spending and tax revenue on the annual GDP growth rate in Albania. On this base, we can examine whether and to which extent the macroeconomic governance could rely on those fiscal instruments in terms of a small open economy. The empirical methodology is based on regression analysis which includes OLS estimation on simply specified regression model and Vector Autoregressive estimates. The results support the assumptions that government expenditure is a weak instrument for policy impacts and the government must rely on taxation to stimulate economic growth.

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

    DEFF Research Database (Denmark)

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

    This paper examines the welfare implications of adjustments in public-sector wages and capital tax rates for a small open economy in a general equilibrium setting. The individually and jointly optimal wage and tax policies are derived and interpreted. Facing reductions in land sales and falls...... in foreign interest rates, a cut in public workers’ pay is needed for making their wage comparable to the private sector and a hike in capital taxes is recommended for a budgetary consideration. Using a computable general equilibrium model for Hong Kong, we numerically evaluate the various optimal policies...... which not only confirm the theoretical results but also provide quantitative estimates of the optimal policy variables....

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

    DEFF Research Database (Denmark)

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

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

  1. The Effect of Skill Mismatch on Wages in a small open Economy with Centralized Wage Setting: The Norwegian Case

    OpenAIRE

    Roger Bjørnstad

    2000-01-01

    Pervasive skill-biased technological changes, probably from trade in computer technology, have visualized the pros and cons of wage setting centralization in small open economies. Skill mismatch has increased in countries with wage rigidity. As a small open economy with centralized wage setting, Norway is a particularly interesting case. Indeed, this analysis shows that skill\\mismatch has increased and is long-lived because of low focus on skill-specific imbalances in wage settlements. The co...

  2. Energy taxation in a small, open economy: Social efficiency gains versus industrial concerns

    International Nuclear Information System (INIS)

    Bjertnaes, Geir H.; Faehn, Taran

    2008-01-01

    Welfare analyses of energy taxes typically show that systems with uniform rates perform better than differentiated systems, especially if revenue can be recycled by cutting taxes that are more distortionary. However, in practical policy, efficiency gains must be traded off against industrial concerns. Presumably, energy-dependent industries of small, open economies will suffer relatively more if taxed. This computable general equilibrium (CGE) study examines the social costs of compensating the energy-intensive export industries in Norway for their profit losses from imposing the same electricity tax on all industries. The costs are surprisingly modest. This is explained by the role of the Nordic electricity market, which is still limited enough to respond to national energy tax reforms. Thus, an electricity price reduction partly neutralizes the direct impact of the tax on profits. In addition, we examine the effects of different compensation schemes and find significantly lower compensation costs when the scheme is designed to release productivity gains. (author)

  3. Optimal Monetary Policy and Exchange Rate in a Small Open Economy with Unemployment

    Directory of Open Access Journals (Sweden)

    Hyuk-Jae Rhee

    2014-09-01

    Full Text Available In this paper, we consider a small open economy under the New Keynesian model with unemployment of Gali (2011a, b to discuss the design of the monetary policy. Our findings can be summarized in three parts. First, even with the existence of unemployment, the optimal policy is to minimize variance of domestic price inflation, wage inflation, and the output gap when both domestic price and wage are sticky. Second, stabilizing unemployment rate is important in reducing the welfare loss incurred by both technology and labor supply shocks. Therefore, introducing the unemployment rate as an another argument into the Taylor-rule type interest rate rule will be welfare-enhancing. Lastly, controlling CPI inflation is the best option when the policy is not allowed to respond to unemployment rate. Once the unemployment rate is controlled, however, stabilizing power of CPI inflation-based Taylor rule is diminished.

  4. Efficient, equitable and sustainable energy policy in a small open economy: Concepts and assessments

    International Nuclear Information System (INIS)

    Chang, Youngho; Fang, Zheng

    2017-01-01

    This study aims to develop three broadly defined concepts of designing and evaluating energy policy of a small open economy, namely, efficiency, equity, and sustainability which are applied to Singapore. By analysing the historical energy and economic data and examining energy policies and programs implemented, this study finds that (1) energy intensity improves over time and three strategies employed to improve energy efficiency - tariffs, deregulation and setting energy standards - are found to have some positive effects. (2) A utility rebate programme is implemented and revised continuously to achieve equity in energy consumption across Singapore households. (3) By the weak concept of sustainability, Singapore is considered marginally sustainable. Institutional, technological and market-based approaches are being implemented to increase energy efficiency, improve energy equity and secure sustainability. - Highlights: • Three concepts of designing and evaluating energy policy are developed. • Efficiency, equity and sustainability are the three concepts. • Three strategies are identified in improving energy efficiency. • A utility rebate programme is to achieve equity in energy consumption across households. • Institutional and market-based approaches are to secure sustainable energy supply.

  5. Technology learning in a small open economy-The systems, modelling and exploiting the learning effect

    International Nuclear Information System (INIS)

    Martinsen, Thomas

    2011-01-01

    This paper reviews the characteristics of technology learning and discusses its application in energy system modelling in a global-local perspective. Its influence on the national energy system, exemplified by Norway, is investigated using a global and national Markal model. The dynamic nature of the learning system boundary and coupling between the national energy system and the global development and manufacturing system is elaborated. Some criteria important for modelling of spillover are suggested. Particularly, to ensure balance in global energy demand and supply and accurately reflect alternative global pathways spillover for all technologies as well as energy carrier cost/prices should be estimated under the same global scenario. The technology composition, CO 2 emissions and system cost in Norway up to 2050 exhibit sensitivity to spillover. Moreover, spillover may reduce both CO 2 emissions and total system cost. National energy system analysis of low carbon society should therefore consider technology development paths in global policy scenarios. Without the spillover from international deployment a domestic technology relies only on endogenous national learning. However, with high but realistic learning rates offshore floating wind may become cost-efficient even if initially deployed only in Norwegian niche markets. - Research highlights: → Spillover for all technologies should emanate from the same global scenario. → A global model is called for to estimate spillover.→ Spillover may reduce CO 2 emissions and the total system cost in a small open economy. → Off-shore floating wind may become cost-efficient in a national niche market.

  6. Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia

    OpenAIRE

    Abdul Majid, Muhamed Zulkhibri

    2010-01-01

    The paper explores the measurement of monetary condition in Malaysia to augment the existing monetary policy framework. As an open economy, Monetary Condition Index (MCI) and Financial Condition Index (FCI) are applicable to understand the monetary condition especially in the era of financial deregulation and liberalisation. The results obtained suggest that the index is most useful when the exchange market exhibits stable conditions, and would be a constructive tool in the simultaneous manag...

  7. Inflation Volatility and Growth in a Stochastic Small Open Economy: A Mixed Jump-Diffusion Approach

    Directory of Open Access Journals (Sweden)

    Isela Elizabeth Téllez-León

    2011-12-01

    Full Text Available The aim of this paper is to examine how inflation volatility affects economic growth in a small open economy. To reach this goal, a stochastic macroeconomic model with a financial sector and incomplete financial markets (due to the inclusion of jumps is developed. It is assumed that the general price level is driven by mixed diffusion-jump process, that is, a Brownian motion governs inflation and a Poisson process guides unexpected and sudden jumps in the price index. The economic growth rate is endogenously determined, in the equilibrium, as a function of parameters of the inflation process.El objetivo de esta investigación es examinar cómo la volatilidad en la inflación afecta el crecimiento económico en una economía pequeña y abierta. Para alcanzar este objetivo, se desarrolla un modelo macroeconómico estocástico con un sector financiero y con mercados financieros incompletos (debido a la inclusión de saltos. Se supone que el nivel general de precios es conducido por un proceso estocástico que combina difusiones con saltos, es decir, la inflación es gobernada por un movimiento browniano y los saltos bruscos e inesperados en el índice de precios se rigen por un proceso de Poisson. La tasa de crecimiento económico se determina endógenamente, en el equilibrio, en función de los parámetros del proceso que conduce a la inflación.

  8. Phillips Curve In A Small Open Economy: A Time Series Exploration Of North Cyprus

    Directory of Open Access Journals (Sweden)

    Muhammad Shahbaz

    2011-12-01

    Full Text Available he paper explores the existence and the stability of Phillips curve for North Cyprus, a small developing economy, using time series data. ADF unit root test is employed to check for stationarity. ARDL and DOLS approaches to cointegration have been used to explore the long run relation and ECM to understand short run dynamics. The predictive properties DOLS are better than those of the conventional methods. The estimates point to the existence of Phillips curve both in the long and the short run. CUSUM and CUSUMsq tests confirm a stable relation.

  9. Population ageing and pension reform in a small open economy with non-traded goods

    NARCIS (Netherlands)

    Bettendorf, Leon J. H.; Heijdra, Ben J.

    2006-01-01

    In this paper we study the implications of population ageing in an economy with a sizeable non-traded goods sector. To this effect a highly stylized micro-founded macro model is constructed in which the age structure of the population plays a non-trivial role. The model distinguishes separate birth

  10. Population Ageing and Pension Reform in a Small Open Economy with Non-Traded Goods

    NARCIS (Netherlands)

    L.J.H. Bettendorf (Leon); B.J. Heijdra (Ben)

    2004-01-01

    textabstractIn this paper we study the implications of population ageing in an economy with a sizeable non-traded goods sector. To this effect a highly stylized micro-founded macro model is constructed in which the age structure of the population plays a non-trivial role. The model distinguishes

  11. The impact of monetary policy on the economic growth of a small and open economy: The case of South Africa

    Directory of Open Access Journals (Sweden)

    V Khabo

    2014-08-01

    Full Text Available This study evaluates the impact of monetary policy on the economic growth of a small and open economy like that of South Africa. Structuralists contend that changes in money supply (M3 and inflation (CPI are not significantly related to changes in economic growth (GDP, while orthodox economists argue that they are. Stucturalists also hold that monetary authorities cannot control M3, whereas orthodox economists believe they can. To structuralists, when monetary authorities pursue an expansionary policy, the opposite effect is achieved. Orthodox economists counter this argument. The ADT test statistic against the McKinnon critical values was used and it was found (i that money supply changes and inflation are significantly related to changes in economic growth, and (ii whereas monetary authorities can control M3 through the repo rate,  they cannot keep it within set targets.

  12. Oil price shocks: Sectoral and dynamic adjustments in a small-open developed and oil-exporting economy

    International Nuclear Information System (INIS)

    Dissou, Yazid

    2010-01-01

    The recent uptrend in oil prices represents both an opportunity and a challenge for small-open developed and oil-exporting countries. Using Canada as a study case and in contrast to most studies that use aggregate models, this paper employs a multi-sector, intertemporal general equilibrium model to provide perspectives on the sectoral, aggregate and dynamic adjustments of a sustained increase in oil prices. It highlights the transmission channels through which the rise in oil prices affects the domestic economy. The simulation results suggest that the shock would have positive aggregate impacts, but would also spur the reallocation of resources and would therefore induce disparities in sectoral adjustments. The suggested contraction in some industries could not however be attributed to a pure Dutch disease phenomenon because of, among other factors, the cost-push effect induced by the increase in oil prices.

  13. Rent taxation and its intertemporal effects in a small open economy

    DEFF Research Database (Denmark)

    Köthenbürger, Marko; Poutvaara, Panu

    2009-01-01

    Previous literature concludes that replacing wage taxation by taxes on a fixed factor or its rents benefits future generations. However, the effects of such steady-state gains on the transition generations have been left open. In this paper, we show that taxation of rents may also increase utility...

  14. Macroeconomics in an open economy.

    Science.gov (United States)

    Cooper, R N

    1986-09-12

    The customary treatment of national economies as closed and self-contained must be substantially modified to allow for those economies that typically trade goods, services, and securities with other countries in increasing volume. Open economy macroeconomics is essential to understanding the major events of the U.S. economy over the past half dozen years. Both the sharp rise in the dollar and the unprecedentedly large U.S. trade deficit are linked to the U.S. budget deficit, as is the drop in the rate of inflation.

  15. Monetary regimes in open economies

    NARCIS (Netherlands)

    Korpos, A.

    2006-01-01

    This thesis presents a two-country open economy framework for the analysis of strategic interactions among monetary authorities and wage bargaining institutions. From this perspective, the thesis investigates the economic consequences of replacing flexible and fixed exchange rate regimes with a

  16. The importance of the distribution sector for exchange rate pass-through in a small open economy. A large scale macroeconometric modelling approach

    OpenAIRE

    Pål Boug; Ådne Cappelen; Torbjørn Eika

    2013-01-01

    The degree of exchange rate pass-through to domestic goods prices has important implications for monetary policy in small open economies with floating exchange rates. Evidence indicates that pass-through is faster to import prices than to consumer prices. Price setting behaviour in the distribution sector is suggested as one important explanation. If distribution costs and trade margins are important price components of imported consumer goods, adjustment of import prices and consumer prices ...

  17. How to Recover From the Great Recession: The Case of a Two-Sector Small Open Economy with Traded and Non-Traded Capital

    Directory of Open Access Journals (Sweden)

    Jong-Kyou Jeon

    2013-06-01

    Full Text Available Since the global financial crisis in 2008, the world economy has been suffering from the Great Recession characterized by high and persistent unemployment as well as drastic fall in asset prices. Real business cycle theory or new-Keynesian economics which has been the dominant paradigm in macroeconomics for the last four decades is unable to explain the high and persistent unemployment during the Great Recession. This implies that the economics of Keynes should be taken seriously again as a tool to explain the Great Recession. Farmer (2012 proposes a new way of interpreting the economics of Keynes by providing it with a solid micro-foundation based on labor markets with search. According to Farmer (2012, aggregate economic activity independently depends on the long-term self-fulfilling expectations about the stock prices. As a consequence, the government or the central bank should implement a policy that influences the public's confidence about the stock market. For an open economy like the Korean economy, it is not only stock price but also the price of asset such as house that matters more for the aggregate economic activity. Households in the Korean economy hold more than 70 percent of their wealth in the form of real estate asset, especially housing asset. This makes the public's confidence about the future prices of houses even more important in explaining the business cycles of the Korean economy. Policymakers should implement policies to improve the confidence of households about the housing market to recover from the recession caused by a fall in house prices. Little theoretical work has been done in explaining fluctuations in the aggregate economic activity from the point of house prices. This paper develops a small open economy model with traded and non-traded capital based on Farmer (2012 and shows that the aggregate economic activity also independently depends on the households’ self-fulfilling expectations about the future prices

  18. Exchange rate and price dynamics in a small open economy - the role of the zero lower bound and monetary policy regimes

    OpenAIRE

    Gregor Bäurle; Daniel Kaufmann

    2014-01-01

    We analyse nominal exchange rate and price dynamics after risk premium shocks with short-term interest rates constrained by the zero lower bound (ZLB). In a small-open-economy DSGE model, temporary risk premium shocks lead to shifts of the exchange rate and the price level if a central bank implements an inflation target by means of a traditional Taylor rule. These shifts are strongly amplified and become more persistent once the ZLB is included in the model. We also provide empirical support...

  19. Open Education and the Open Science Economy

    Science.gov (United States)

    Peters, Michael A.

    2009-01-01

    Openness as a complex code word for a variety of digital trends and movements has emerged as an alternative mode of "social production" based on the growing and overlapping complexities of open source, open access, open archiving, open publishing, and open science. This paper argues that the openness movement with its reinforcing structure of…

  20. An analysis of macroeconomic fluctuations for a small open oil-based economy: The case of Saudi Arabia

    Science.gov (United States)

    Al-Abdulkarim, Bander B.

    The increasing fluctuations in the oil prices through the last decades have been transferred to the oil exporting countries. Thus, many oil exporting countries experienced significant changes in the economic activity due to changes in the oil markets. In light of this, oil exporting countries have attempted to implement a policy that would stabilize the fluctuations in the oil markets recognizing the adverse effects of such behavior on oil exporting countries, as well as oil importing countries. Saudi Arabia, as the largest oil-exporting country and a member of OPEC, takes the role of oil-markets stabilizer by behaving as the swing producer. This role has caused the global economic fluctuations to transfer into the domestic economy. In addition, Saudi Arabian government has adopted a fixed exchange rate currency regime. Although it has contributed to domestic price stabilizations, this policy has also exposed the country to global economic disturbances. The purpose of the study is to empirically investigate these aspects for Saudi Arabia. First, the effects of shocks originated in the international markets on the Saudi Arabian economy. Second, how the fixed exchange rate regimes influences the domestic macroeconomic variables. Third, to what extent the oil sector contributes to the non-oil domestic fluctuations. Finally, how the findings from the study can be explained by economic theory. In pursuing this, there are four economic theories that are considered to explain the causes of business cycles. These theories are Classical Theory, Keynesian Theory, Monetarist Theory, and the Real Business Cycles. In addition, a theoretical model is derived that is suitable for an oil-based economy. The model follows the set up of McCallum and Nelson (1999). Then, the empirical models of Structural Vector Autoregression (SVAR) and Error Correction Model (ECM) are implemented with three different specifications: Choleski Decomposition, Block Exogeneity and long-run Cointegration

  1. Monetary Policy Transmission Mechanism in a Small Open Economy under Fixed Exchange Rate: An SVAR Approach for Morocco

    Directory of Open Access Journals (Sweden)

    Rachid Ouchchikh

    2018-01-01

    Full Text Available Purpose: The main purpose of this study is to investigate the transmission mechanism of monetary policy in Morocco, taking external constraints on monetary policy into consideration. Design/methodology/approach: This study uses a structural vector autoregression model (SVAR to examine the transmission of the effects of a positive monetary policy shock to the real economy. Findings: The analysis provides evidence that monetary policy shocks are transmitted to the Moroccan economy principally via credit and interest rate channels. However, the exchange rate and asset prices channels are inoperative. Furthermore, the findings show that the monetary aggregate contains important additional information in the transmission of monetary policy shocks. Research limitations/implications: Generally, the analysis leads to three policy implications. First, when analyzing the transmission mechanisms in Morocco, it is important to take into account the effect of externals shocks on monetary policy, since it allows a better appreciation of the effect and the functioning of the transmission channels. Second, since Moroccan authorities prepare its transition to an inflation targeting strategy, the functioning of the interest rate channel is important. However additional efforts are needed to develop a more resilient, competitive and dynamic financial system, to diversify the financing alternatives for the private sector, and to establish a more flexible exchange rate. Third, given the fact that the bank credit is a strong transmission channel and constitutes a major source of external financing for the Moroccan economy, it is crucial in the health and stability of the banking system as a pre-condition towards economic stability. Originality/value: To our knowledge, this study is the first investigation of transmission channels in Morocco using recent econometric techniques and taking into account the external constraints on monetary policy.

  2. Foreign Shocks, Monetary Policy, and Macroeconomic Fluctuations in a Small Open Economy: A SVAR Study of Malaysia

    Directory of Open Access Journals (Sweden)

    Zulkefly Abdul Karim

    2016-06-01

    Full Text Available This paper investigates the effect of foreign shocks upon domestic macroeconomic fluctuations and monetary policy, and examines the effectiveness of domestic monetary policy as a stabilization policy in Malaysia. Monetary policy variables (interest rate and money supply have been measured through a non-recursive structural VAR (SVAR identification scheme, which allows the monetary authority to set the interest rate and money supply after observing the current value of foreign variables, domestic output and inflation. The results show the important role of foreign shocks in influencing Malaysian monetary policy and macroeconomic variables. There is a real effect of monetary policy, that is, a positive shock in money supply increases domestic output. In contrast, a positive interest rates shock has a negative effect on domestic output growth and inflation. The effects of money supply and interest rate shocks on the exchange rate and stock prices are also consistent with standard economic theory. In addition, domestic monetary policy is able to mitigate the negative effect of external shocks upon domestic economy.

  3. La scuola svedese e la teoria macroeconomica: riflessioni su una piccola economia aperta operante in regime di cambi flessibiliThe Swedish School and macroeconomic theory: Reflections on a small open economy operating within a regime of flexible exchanges

    Directory of Open Access Journals (Sweden)

    D. TROPEANO

    2013-10-01

    Full Text Available The Swedish School, with its representatives Ohlin, Hammarskjöld and Lindahl, madeimportant contributions to the economic theory of the open economy, even if such contributions have never been at the centre of attention of economists, probably due to their dark language style. In particular, it had a vision of the operating of an open economy that was completely different from post-war Keynesian orthodoxy. The exchange rate regime does not isolate a small economy from the repercussions of events that occur in financial markets and from goods at the international level. The other major assumption of open economy macroeconomics was the independence of monetary policy. The Keynesian models in the 1950s included only external money. On the contrary, the Swedes considered the credit system and the working of international banks.JEL: F41

  4. Mitigating Double Taxation in an Open Economy

    OpenAIRE

    Lindhe, Tobias

    2001-01-01

    The interaction of various methods of mitigating economic and international double taxation of corporate source income is studied within a standard neoclassical model of firm behavior. The main purpose is to determine to what extent methods effective in mitigating economic double taxation in a closed economy remain useful in an open economy where the firm's marginal investor is a foreigner. While a cut in the statutory corporate tax rate invariably reduces the cost of capital, the impact of t...

  5. Teaching New Keynesian Open Economy Macroeconomics at the Intermediate Level

    Science.gov (United States)

    Bofinger, Peter; Mayer, Eric; Wollmershauser, Timo

    2009-01-01

    For the open economy, the workhorse model in intermediate textbooks still is the Mundell-Fleming model, which basically extends the investment and savings, liquidity preference and money supply (IS-LM) model to open economy problems. The authors present a simple New Keynesian model of the open economy that introduces open economy considerations…

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

    OpenAIRE

    Mohajan, Haradhan

    2011-01-01

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

  7. Domestic and foreign effects on prices in an open economy

    DEFF Research Database (Denmark)

    Juselius, Katarina

    1992-01-01

    ) external theories describing the foreign transmission effects on a small open economy. The empirical analysis makes use of the multivariate cointegration model, which is based on the joint analysis of long- and short-run behavior. The deviations from derived underlying steady states in each sector were...

  8. Capital income taxation in a growing open economy

    DEFF Research Database (Denmark)

    Nielsen, Søren Bo; Sørensen, Peter Birch

    1991-01-01

    The paper studies the dynamic macroeconomic effects of various forms of capital income taxation in a model of a small open economy with perfect mobility of financial capital and intertemporal optimization on the part of households and firms. One of the noteworthy results is that the introduction...... effects on investment before they are introduced. Moreover, it is shown that while an unanticipated dividend tax is neutral with respect to investment, it will have real effects on consumption and net foreign assets in a growing economy...

  9. Three Forms of the Knowledge Economy: Learning, Creativity and Openness

    Science.gov (United States)

    Peters, Michael A.

    2010-01-01

    This paper outlines and reviews three forms and associated discourses of the "knowledge economy": the "learning economy", based on the work of Bengt-Ake Lundvall; the "creative economy" based on the work of Charles Landry, John Howkins and Richard Florida; and the "open knowledge economy" based on the work of Yochai Benkler and others. Arguably,…

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

    CSIR Research Space (South Africa)

    Musvoto, Constansia D

    2015-02-01

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

  11. Domestic and Foreign Effects on Prices in an Open Economy

    DEFF Research Database (Denmark)

    Juselius, Katarina

    1994-01-01

    Domestic price determination in Denmark is investigated using three kinds of macro-economic explanations: (1) internal labor mar­ ket theories describing the relation between price and wage inflation, (2) pure monetarist theories describing the effect of excess money on the inflation rate, and (3...... theories describing the effect of excess money on the inflation rate, and (3) external theories describing the foreign transmission effects on a small open economy. The empirical analysis makes use of the multivariate cointegration model, which is based on the joint analysis of long- and short-run behavior...

  12. News Shocks in Open Economies: Evidence from Giant Oil Discoveries

    OpenAIRE

    Rabah Arezki; Valerie A. Ramey; Liugang Sheng

    2015-01-01

    This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about future output - the delay between a discovery and production is on average 4 to 6 years. We first present a two-sector small open economy model in order to predict the responses of macroeconomic aggregates to news of an oil discovery. We then estimate the effects of giant oil discoveries on a large pa...

  13. How to Recover From the Great Recession: The Case of a Two-Sector Small Open Economy with Traded and Non-Traded Capital

    OpenAIRE

    Jong-Kyou Jeon

    2013-01-01

    Since the global financial crisis in 2008, the world economy has been suffering from the Great Recession characterized by high and persistent unemployment as well as drastic fall in asset prices. Real business cycle theory or new-Keynesian economics which has been the dominant paradigm in macroeconomics for the last four decades is unable to explain the high and persistent unemployment during the Great Recession. This implies that the economics of Keynes should be taken seriously again as a t...

  14. Small Open Reading Frames

    Indian Academy of Sciences (India)

    small ORFs and presence of their stable peptide products. Further, examples of biologically active peptides with ... enormous growth in whole genome sequencing. Hence today, genome sequence. Recently, ORFs ... Similarly, during the embryo development of zebrafish, 58 aa long toddler polypeptide produced by a short ...

  15. Small Open Reading Frames

    Indian Academy of Sciences (India)

    are conserved across diverse species, and the functional char- acterization of their peptides reveals their critical role in a broad spectrum of regulatory mechanisms. Further analy- sis of small ORFs is likely throw light on many exciting, un- explored regulatory mechanisms in different developmental stages and tissue types.

  16. The Political Economy of "Open Regionalism" and Education in Small (and Micro) States: The Construction of the Caribbean Educational Policy Space in CARICOM

    Science.gov (United States)

    Jules, Tavis D.

    2014-01-01

    In this era of amplified regionalisation, the Economic Commission for Latin America and the Caribbean's (ECLAC) conceptualisation of 'open regionalism' is pertinent to examine the role of regional governance mechanisms in constructing what I call the "Caribbean Educational Policy Space." With the aid of a latent content analysis of…

  17. Essays in Open Economy Monetary Policy

    OpenAIRE

    Castro, Pedro

    2012-01-01

    International economic integration has risen during the last decades and the interdependence between each economy and the rest of the world has become central for policy decisions. My dissertation contributes to the debate about the conduct of monetary policy in a financially integrated world. In the first chapter of the dissertation I discuss the relationship between domestic policies and the currency denomination of foreign debt. Foreign debt is a double-edged sword. It allows countries to ...

  18. Openness and Legitimacy Building in the Sharing Economy

    DEFF Research Database (Denmark)

    Marton, Attila; Constantiou, Ioanna; Lagoudakos, Georgios

    2017-01-01

    Sharing economy start-ups are claiming legitimacy by drawing on notions of openness and, at the same time, by adapting to business institutions. We use the case of CouchSurfing to investigate how openness, which has been part of the organization’s raison-d’être, contributed in the legitimacy...

  19. Growth challenges in small manufacturing ventures from emerging economies

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    2013-01-01

    This is a teaching case study that addresses the issues of emergence, legitimation, growth and internationalization of small manufacturing firms located in remote areas in an emerging economy.......This is a teaching case study that addresses the issues of emergence, legitimation, growth and internationalization of small manufacturing firms located in remote areas in an emerging economy....

  20. GLOBALIZATION AND SMALL BUSINESSES AND ECONOMIES – CHALLENGES AND OPPORTUNITIES

    Directory of Open Access Journals (Sweden)

    NINKO KOSTOVSKI

    2016-08-01

    Full Text Available In this paper, we analyze the effect of globalization in general and from the viewpoint of the small and medium sized companies in the Republic of Macedonia, as a typical developing economy. Our survey of 100 managers and business owners from small and medium sized enterprises indicates that they tend to perceive the globalization with more conservative glasses as negative, or at the best, as a neutral phenomenon to their overall business prospects. However, to harvest the apparent opportunities of the globalization and to achieve the desired internationalization of their businesses, they call for intensive regional cooperation seeing it as a gateway to much harsher realms of the globalized market. The literature review and the examples from some other countries support these conservative standing of our managers and offer practical explanations why the approach towards the globalization is conservative and often even negative. Small business is important provider of new jobs, ideas and business concepts. However, with the opening of the global market it is a constant pursue for customers all around the world, having to meet their diverse and rapidly changing needs and facing extremely shortened delivery terms and product lifecycles. Many small companies, particularly from the developing countries are not adequately prepared to face the reality of this challenge. On the other hand, the big multinational companies receive more than hefty incentives to invest into the developing countries and that creates additional negative sentiments towards the globalization among the local companies.

  1. Environmental and energy issues in an open economy

    Science.gov (United States)

    Oh, Kyungsoo

    The environmental and energy consequences of globalization have become an important topic of debate. My dissertation examines the interaction between environmental and energy issues and international trade. Specifically, I investigate environmental regulations and policy in an open economy. In the first chapter, I analyze how an environmental tax on pollution from consumption affects trade flows and welfare in an open economy. In particular, I argue that the effect of an environmental tax on the direction of trade flows depends on who is directly burdened by the regulation (consumers or producers) regardless of who is the polluter. In the case of pollution generated by consumers, a tax on consumers who are the polluters tends to increase exports and reduce imports of dirty goods. This result is the opposite of the well-known effect arising from taxes on pollution-intensive industries. Stringent environmental regulations on pollution-intensive industries diminishes exports and increases imports of dirty industries. In terms of welfare, I show the importance of targeting the policy instrument to the correct source of pollution. Assuming pollution is caused by the consumption of a good, a production tax has a weak effect on increasing welfare through reducing pollution. Furthermore, welfare can fall if the production tax ratio is too high, leading to reduced national income. The second chapter is motivated by recent trends in the U.S. economy: increasing imports from China, decreasing energy consumption, and increasing output. There are two primary theoretical approaches related to the relationship between energy use in U.S. manufacturing and increasing imports from China: Heckscher-Ohlin (H-O) trade theory and the Pollution Haven Hypothesis (PHH). These two frameworks generate opposite predictions about the relationship between these trends. H-O theory suggests that with increased Chinese import penetration, U.S. manufacturing should move toward more energy

  2. The Management of Managers: Challenges in a Small Economy

    Science.gov (United States)

    Gilbert, John; Boxall, Peter

    2009-01-01

    Purpose: The purpose of this paper is to discuss the findings of a study of the management of senior managers. The aim is to describe the ways in which firms in a small economy, such as New Zealand, manage their managers and analyse how they deal with the strategic challenges that are involved. Design/methodology/approach: The study applies the…

  3. Open Education and the Creative Economy: Global Perspectives and Comparative Analysis

    Science.gov (United States)

    Liu, Tze-Chang

    2011-01-01

    This dissertation is to deal the issues of open education, creative economies, higher education. It also compares the performances in these aspects among different countries. The conception of the "creative economy" develops within the context of "global neoliberalism" and "knowledge economy." These three notions are…

  4. Demand for road-fuel in a small developing economy: The case of Sri Lanka

    International Nuclear Information System (INIS)

    Chandrasiri, Sunil

    2006-01-01

    This paper estimates the demand for road fuel (petrol and auto-diesel) in the context of a small developing economy-Sri Lanka. The data set covers a period of 39 years from 1964 to 2002 representing both close economy and open economy policy regimes. The estimation procedure is based on seemingly unrelated regression equation (SURE) methodology mainly to capture substitutability of petrol and diesel in road transportation. The effect of auto-fuel prices on vehicle demand is also analyzed as a part of the analysis. In addition to confirming existing evidence on road-fuel demand, the findings reveal some interesting evidence with respect to own-price elasticity, cross-price elasticity, lag effects, income and vehicle mix variables

  5. Demand for road-fuel in a small developing economy: The case of Sri Lanka

    Energy Technology Data Exchange (ETDEWEB)

    Chandrasiri, Sunil [Department of Economics, University of Colombo, P.O. Box. 1490, Colombo 3 (Sri Lanka)]. E-mail: sunilch@sltnet.lk

    2006-09-15

    This paper estimates the demand for road fuel (petrol and auto-diesel) in the context of a small developing economy-Sri Lanka. The data set covers a period of 39 years from 1964 to 2002 representing both close economy and open economy policy regimes. The estimation procedure is based on seemingly unrelated regression equation (SURE) methodology mainly to capture substitutability of petrol and diesel in road transportation. The effect of auto-fuel prices on vehicle demand is also analyzed as a part of the analysis. In addition to confirming existing evidence on road-fuel demand, the findings reveal some interesting evidence with respect to own-price elasticity, cross-price elasticity, lag effects, income and vehicle mix variables.

  6. A Preliminary Analysis of Adaptive Responding Under Open and Closed Economies

    Science.gov (United States)

    Roane, Henry S.; Call, Nathan A.; Falcomata, Terry S.

    2005-01-01

    In the current investigation, we evaluated the effects of open and closed economies on the adaptive behavior of 2 individuals with developmental disabilities. Across both types of economy, progressive-ratio (PR) schedules were used in which the number of responses required to obtain reinforcement increased as the session progressed. In…

  7. Foreign Direct Investment and Trade Openness: The Case of Developing Economies

    Science.gov (United States)

    Liargovas, Panagiotis G.; Skandalis, Konstantinos S.

    2012-01-01

    This paper examines the importance of trade openness for attracting Foreign Direct Investment (FDI) inflows, using a sample of 36 developing economies for the period 1990-2008. It provides a direct test of causality between FDI inflows, trade openness and other key variables in developing regions of the world: Latin America, Asia, Africa, CIS…

  8. Oil price shocks and economy: an open question

    International Nuclear Information System (INIS)

    Di Marzio, G.

    2006-01-01

    During the 1970s and 1980s advanced oil importing economies faced the adverse effects of oil supply disruptions with abrupt energy price rise, followed by sensible business cycle inversions and stagflation. The negative effects of the sharp energy price increase were amplified by factors such the induced costly resources reallocation between labour and capital, and between sectors of activity; rising uncertainty discouraging investments, and income redistribution consequences on aggregate demands After a shock the economic system generally adjusts in favour of less energy intensive industries; this leads pauses in production as part of the existing capital stock become obsolete, and causes resources under utilization. Since the 1970s a number of economists have been sceptical about why even large price shocks in a resource that accounts for less than 3-4 pct. of global GDP could cause losses of magnitude as those experienced in most advanced economies. They believe that monetary policy has played a role in generating the observed negative correlation between oil prices and economic activity, and question whether the post-oil-shock recessions were attributable to the oil price shocks themselves or to the monetary policy responding to these shocks. Empirical research largely shows a primary responsibility of large price shocks and major oil-supply disruptions on recessionary movements of GDP. Energy prices have risen sharply since 2003, driven by strengthening global demand; market fundamentals suggest that a considerable fraction of recent hikes will be permanent and current price levels remain credible. With limited spare capacity, the medium term oil supply-demand balance is expected to remain tight, and the price probably near current levels. Today' s high oil prices reflect the effects of sustained energy demand trends and, jointly, oil industry under investment during and after the low price era of the 1990s. The apparent moderate macro economic effects of the

  9. Open and continuous fermentation: products, conditions and bioprocess economy.

    Science.gov (United States)

    Li, Teng; Chen, Xiang-bin; Chen, Jin-chun; Wu, Qiong; Chen, Guo-Qiang

    2014-12-01

    Microbial fermentation is the key to industrial biotechnology. Most fermentation processes are sensitive to microbial contamination and require an energy intensive sterilization process. The majority of microbial fermentations can only be conducted over a short period of time in a batch or fed-batch culture, further increasing energy consumption and process complexity, and these factors contribute to the high costs of bio-products. In an effort to make bio-products more economically competitive, increased attention has been paid to developing open (unsterile) and continuous processes. If well conducted, continuous fermentation processes will lead to the reduced cost of industrial bio-products. To achieve cost-efficient open and continuous fermentations, the feeding of raw materials and the removal of products must be conducted in a continuous manner without the risk of contamination, even under 'open' conditions. Factors such as the stability of the biological system as a whole during long cultivations, as well as the yield and productivity of the process, are also important. Microorganisms that grow under extreme conditions such as high or low pH, high osmotic pressure, and high or low temperature, as well as under conditions of mixed culturing, cell immobilization, and solid state cultivation, are of interest for developing open and continuous fermentation processes. Copyright © 2014 WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim.

  10. Financial Crisis, openness of the economy and the financial performance of Jordanian listed banks: analytical study

    Directory of Open Access Journals (Sweden)

    Ali Mustafa Abdullah Al Qudah, Dr.

    2014-06-01

    Full Text Available This study examined the impact of the world financial crisis and openness of the economy on the financial performance of Jordanian listed banks through the period 2005-2008. Panel data analysis is employed to examine study hypotheses. The results showed that the world financial crisis has a negative and significant impact on the financial performance measured by return on assets, return on equity, earning per share, market share prices, and market value while it has a positive but not significant impact on dividend yields. The study also found that openness of the economy has a positive and significant impact on the financial performance of Jordanian listed banks.

  11. Domestic and Foreign Effects on Prices in an Open Economy

    DEFF Research Database (Denmark)

    Juselius, Katarina

    1994-01-01

    Domestic price determination in Denmark is investigated using three kinds of macro-economic explanations: (1) internal labor mar­ ket theories describing the relation between price and wage inflation, (2) pure monetarist theories describing the effect of excess money on the inflation rate, and (3...... found to be the main determinants of the inflation rate. Among these, the domestic effects were small compared to the foreign effects. The em­ pirical results strongly favored a backward-looking behavioral model in terms of structurally stable parameters as opposed to a forward- looking expectations....... The deviations from derived underlying steady states in each sector were found to be the main determinants of the inflation rate. Among these, the domestic effects were small compared to the foreign effects. The em­ pirical results strongly favored a backward-looking behavioral model in terms of structurally...

  12. A small-open-economy model and endogeous money stock

    Czech Academy of Sciences Publication Activity Database

    Kodera, Jan; Sladký, Karel; Vošvrda, Miloslav

    2005-01-01

    Roč. 13, č. 1 (2005), s. 27-34 ISSN 0572-3043 R&D Projects: GA ČR GA402/03/1292; GA AV ČR IAA7075202 Institutional research plan: CEZ:AV0Z10750506 Keywords : non-linear dynamic model * money market dynamics * uncovered interest rate parity Subject RIV: AH - Economics

  13. MONETARY POLICY AND INFLATION TARGETING IN A SMALL OPEN ECONOMY

    Directory of Open Access Journals (Sweden)

    Antoni Antoni

    2011-09-01

    Full Text Available The danger of inflation has been the focus of many central banks. This paper analyzes the transmission mechanism of monetary policy and inflation targeting in Malaysia with a backward-looking aggregate supply and demand analysis. The manage floating regime applied in the country has an important role in achieving a stable exchange rate against its major trading partners. It also analyzes the policy of maintaining the soundness of interest rate to perceive inflation targeting to increase its economic growth. Using 1991-2004 data and a traditional structural econometric model, it shows that output gap is important in forecasting a domestic inflation rate by controlling the interest rate.  Keywords: Inflation targeting, monetary economics, structural econometric modelJEL classification numbers: E3, E52

  14. The effects of global shocks on small commodity-exporting economies: New evidence from Canada

    OpenAIRE

    Charnavoki, Valery; Dolado, Juan J.

    2012-01-01

    This paper presents a structural dynamic factor model of a small commodity-exporting economy using Canada as a representative case study. Combining large panel data sets of the global and Canadian economies, we first identify those demand and supply shocks that explain most of the volatility in real commodity prices. Next we quantify their dynamic effects on a wide variety of variables for this economy. We are able to reproduce all the main stylized facts documented in the literature about bu...

  15. Lean Internationalization: How to Globalize Early and Fast in a Small Economy

    Directory of Open Access Journals (Sweden)

    Michael Neubert

    2017-05-01

    Full Text Available This study examines the early market internationalization of 32 high-tech startups that operate internationally from small and open economies. It uses a comparative cross-national multiple case study research design to explore how such startups may differ in their speed of internationalization. Based on interviews with the founders, the speed of early market internationalization in these startups increases significantly due to the application of lean market development processes. The findings provide a basis for developing propositions for further comparative studies focusing on the early and fast internationalization of high-tech startups based in emerging and developed markets. The study contributes to the literature on networks, internationalization, and international entrepreneurship.

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

    Directory of Open Access Journals (Sweden)

    Ralf Fendel

    2013-01-01

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

  17. The burden of open fractures of the tibia in a developing economy ...

    African Journals Online (AJOL)

    The burden of open fractures of the tibia in a developing economy. ... The methods of treatment included plaster cast (71.5%), external fixation (15.7%), plating and primary amputation (5.7% each), and intramedullary nailing (1.4%). Average time to union was 26.2 ± 12.7 weeks. Forty six late complications occurred in 32 ...

  18. OER and the Value of Openness: Implications for the Knowledge Economy

    Science.gov (United States)

    Bernstein, Samantha

    2015-01-01

    The knowledge economy is marked by recent trends in technological advancement, globalisation and increasing knowledge intensity. Through new technologies like Open Educational Resources (OER), knowledge can be freely accessed by individuals around the world, blurring traditional notions of ownership and prompting a social transformation manifested…

  19. Preços de commodities e nível de atividade em uma pequena economia aberta: evidências empíricas para o estado do Espírito Santo Commodity prices and activity level in a small open economy: empirical evidence for the State of Espírito Santo

    Directory of Open Access Journals (Sweden)

    Matheus Albergaria de Magalhães

    2011-12-01

    's economy compared to the national economy and other Brazilian states will also be measured. The results obtained reveal five distinct empirical patterns: (i given the state's high degree of openness, the impacts of commodity price fluctuations tend to be stronger when compared to Brazil and other Brazilian States; (ii Granger-causality test results show that commodity prices precede output levels both in the case of the State and the country; (iii a similar result occurs when a broad set of economic variables related to the State of Espírito Santo are considered; (iv a positive shock to commodity prices causes output to initially rise , followed by a contraction, with this variable displaying a permanently higher level in the long run; (v variance decomposition results show that, on average, the quantitative impacts of commodity price shocks are larger in the case of the State than the country. The results obtained are robust with regards to several specification issues, such as different stationary transformations of data, as well as distinct number of lags employed in Granger-causality tests. These results are important in the sense of providing a better understanding of the effects of commodity price variations on a small, open economy, as seems to be the case for the State of Espírito Santo.

  20. Economy

    OpenAIRE

    Haring, Ben

    2009-01-01

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

  1. Some questions on small uranium open-pit mines

    International Nuclear Information System (INIS)

    Li Junyi

    1992-01-01

    The experiences of the existing uranium open pits are summarized and the questions in design, erection and production are analyzed. It is important helpful to develop and to design such economical and reasonable small uranium open pits

  2. Competitiveness of small-medium reactors. A probabilistic study on the economy of scale factor

    International Nuclear Information System (INIS)

    Trianni, A.; Locatelli, G.; Trucco, P.

    2009-01-01

    Smaller size reactors are able to play an important role in the worldwide nuclear renaissance. The major disadvantage of those new reactors - the unit size - would label the small-medium size reactors as not economically competitive with larger plants. But, the economy of scale law applies only if the designs are similar, which is not the case here, since the SMRs are designed with original and innovative solutions not accessible to large size reactors: the IRIS reactor is used as an example of small medium reactors (SMR), but the analyses and conclusions are applicable to the whole spectrum of SMRs. The aim of this paper is to present latest advances in the differential economical assessment of Generation Cost of SMRs compared to LRs. The international literature has started to present studies focused on the two major differential accounts of Levelized Unit Electricity Cost - Captial Costs ($/kWe) and Operation and Maintenance Costs ($/kWh) - providing deterministic values for the main cost drivers (i.e. economy of scale, multiple units, learning during construction, design characteristics and modular build, shorter construction time for CC, economy of scale location of the plant, number of units, capacity factor, learning by doing, plant obsolescence for O and M costs). Since the modern SMR market is in the early stages of development, it is necessary to consider also the uncertainties associated to current estimates of those cost drivers. When available, the uncertainty has been integrated in the Open Model assigning a probabilistic distribution to the input value of each cost driver. As Far as other cost drivers are concerned, parametric analyses are still under development and uncertainty analyses are not available: thus, conservative but realistic values for both of them have been assumed. Some reasonable future scenarios have been assumed, considering the private operator perspective for a single plant investment and postulating, among the others

  3. Investment Frictions and the Relative Price of Investment Goods in an Open Economy Model

    OpenAIRE

    Parantap Basu; Christoph Thoenissen

    2007-01-01

    Is the relative price of investment goods a good proxy for investment frictions? We analyze investment frictions in an open economy, flexible price, two-country model and show that when the relative price of investment goods is endogenously determined in such a model, the relative price of investment can actually rise in response to a reduction in investment frictions. Only when the model is driven by TFP shocks do we observe a data congruent negative correlation between investment and the re...

  4. Economies: An open access journal for the field of development macroeconomics

    OpenAIRE

    Fendel, Ralf

    2013-01-01

    Economies (ISSN 2227-7099) is a new international, peer-reviewed open access journal for the academic fields of development economics and macroeconomics. While the latter seems to be clearly defined, development economics is not, because it is related to nearly all traditional economic sub-disciplines such as macroeconomics, international trade and finance, as well as microeconomics and public finance. Typically, academic field journals of development economics cover all those economic sub-di...

  5. Essays on business cycles and stabilization policy in a small commodity-exporting economy

    OpenAIRE

    Charnavoki, Valery

    2012-01-01

    It is well known that highly volatile and persistent commodity prices signi cantly a ect the global economic activity. Their e ect is especially pronounced in small commodityexporting economies, where primary resources provide an important source of export earnings. In these economies, commodity price changes entail very large e ects on the balance of payments, exchange rates, output, sectoral composition and public nance, and, as a result, pose serious problems for the conduc...

  6. Small-business employment in 22 rich economies.

    Science.gov (United States)

    Schmitt, John; Lane, Nathan

    2010-01-01

    Opponents of health care reform in the United States have often argued that such reform will be detrimental to small and medium-sized enterprises. The authors review the most recent data from a sample of 22 rich countries in the Organization for Economic Cooperation and Development (OECD), all of which, except the United States, have universal health care systems. By every measure of small-business employment, the United States has among the world's smallest small-business sectors (as a proportion of total national employment). These findings hold for self-employed workers and across all industry groups for which the Paris-based OECD publishes internationally comparable data, including manufacturing, computer-related services, and research and development.

  7. From Closed to Open Innovation in Emerging Economies: Evidence from the Chemical Industry in Brazil

    Directory of Open Access Journals (Sweden)

    Elisa Thomas

    2018-03-01

    Full Text Available In this article, we examine how firms in an emerging economy perform research and development (R&D activities in regards to the concept of open innovation. Most literature on open innovation shows multinational knowledge-intensive firms with well-established R&D processes mainly in developed countries. Searching for management contributions for firms in emerging economies, we qualitatively analyzed two chemical firms in Southern Brazil that have different profiles and are representative samples of typical firms in the region. Our results show that firms did not fully exploit the potential benefits brought by open innovation, even when complete opening was not the main goal. The firms were similar concerning interactions with partners and stages where relationships occur. The generation of ideas was an open activity performed both by firms and by clients, and interactions with universities were getting stronger. On the other hand, intellectual property has not been used as means of profiting from innovation activities. Our main finding refers to the internal mediation of relationships with partners. R&D teams rarely contact external organizations directly; instead, they leave such interactions to other departments within their firms. Relationships with clients are mediated through technical and commercial departments, and interactions with suppliers are intermediated by the supply staff.

  8. Globalisation and the Small Economy: The Case of the Netherlands

    OpenAIRE

    Hogenbirk Annelies; Narula Rajneesh

    1999-01-01

    In this paper, we have examined the importance and implications of globalisation due to FDI for one particular small country: the Netherlands. Although it has limited resources and size, the Netherlands is home to the sixth largest outward FDI stock in the world, and also is one of the most important destinations for inward FDI activity. Its location advantages are, inter alia, a function of its de facto market size, given its central location within the EU, and its well developed infrastruct...

  9. BENEFITS AND SUCCESS FACTORS OF OPEN-SOURCE WEB SERVICES DEVELOPMENT PLATFORMS FOR SMALL SOFTWARE HOUSES

    Directory of Open Access Journals (Sweden)

    Valter de Assis Moreno Jr.

    2012-12-01

    Full Text Available It is usually difficult for companies to keep up with the development of new information technologies and adapt to them in face of the opportunities and threats their advances may represent. This is especially true for small and medium enterprises (SME in emerging economies, where resources tend to be scarce and markets more volatile. This paper describes an action research conducted in a small Brazilian software house that adopted an open-source Web Services development platform in order to improve its software development process. Data analysis revealed critical success factors (CSF in the adoption process, as well as specific benefits and barriers prone to be faced by small software houses in their adoption efforts. In the process of overcoming such barriers, SME may acquire intellectual capital that represents an essential resource to ensure their competitiveness and survival in emerging economies.

  10. Innovation systems in small catching-up economies new perspectives on practice and policy

    CERN Document Server

    Varblane, Urmas; Roolaht, Tõnu

    2012-01-01

    In several parts of the world, countries are undergoing economic, social, and political transitions, enhanced and accelerated by the forces of globalization. These transition economies can serve as laboratories for understanding the innovation process. This volume features original theoretical and empirical research. It offers the first comprehensive view of innovation system development in the context of small catching-up economies. Smallness, path dependency, and latecomer status of such economies create some inherent limitations for their innovation systems, but these special characteristics can offer advantages as well. For example, smallness is often related with increased flexibility and shorter reaction times, while latecomers can benefit from earlier experiences of their more advanced neighbors. Path-dependency highlights the fact that the innovation system development processes are considerably influenced by the past experience of a particular country or region. By incorporating these features into a...

  11. Interaction of carbon reduction and green energy promotion in a small fossil-fuel importing economy

    International Nuclear Information System (INIS)

    Pethig, Ruediger; Wittlich, Christian

    2009-01-01

    We study the incidence of carbon-reduction and green-energy promotion policies in an open fossil-fuel importing general equilibrium economy. The focus is on mixed price-based or quantity-based policies. Instruments directed toward promoting green energy are shown to reduce also carbon emissions and vice versa. Their direct effects are stronger than their side effects, the more so, the greater is the elasticity of substitution in consumption between energy and the consumption good. We calculate the effects of variations in individual policy parameters, especially on energy prices and welfare costs, and determine the impact of exogenous fossil-fuel price shocks on the economy. (orig.)

  12. The impact of tourism on the economy and population of small islands : The case of Aruba

    NARCIS (Netherlands)

    Croes, R.H.

    2007-01-01

    Many small islands in the Caribbean depend on tourism as the dominant sector of their economy. This dependence leads to economic vulnerability, in particular if the sector is dominated by international hotel chains that cater for the North American market. Reliance on a single geographical market

  13. Carbon and energy taxes in a small and open country

    OpenAIRE

    S. Solaymani

    2017-01-01

    Malaysia, as a small and developing country, must reduce carbon emissions because the country is one of the top CO2-emitting countries in the ASEAN region. Therefore, the current study implements two environmental tax policies; carbon and energy taxes, in order to examine the impacts of these policies on the reduction of carbon emission in the whole of the economy by applying a computable general equilibrium model. Since the whole of the government revenue from these tax policies is transferr...

  14. Small business incubators: An emerging phenomenon in South Africa’s SMME economy

    Directory of Open Access Journals (Sweden)

    Mukovhe Masutha

    2014-07-01

    Full Text Available In South Africa much policy attention is focused on the potential of the small, medium and micro-enterprise (SMME economy for job creation. Nevertheless, despite government support for the SMME economy, high mortality rates are experienced by start-up enterprises. In common with international experience South Africa has adopted business incubation as a strategic tool for assisting the survival as well as building the competitiveness of SMMEs. This article analyses the state of business incubation in South Africa drawing attention to marked differences between the groups of public sector business incubators as opposed to those business incubators which have been initiated by the private sector.

  15. Operative Management of Small Bowel Fistulae Associated with Open Abdomen

    Directory of Open Access Journals (Sweden)

    Suvit Sriussadaporn

    2006-01-01

    Conclusion: We present a method of closure of small bowel fistulae associated with open abdomen and hope that this will provide surgeons encountering such complications with a good alternative for surgical management.

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

    Directory of Open Access Journals (Sweden)

    Jenny Lilián Basantes–Avalos

    2015-12-01

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

  17. Labour productivity, economies of scale and opening time in large retail establishments

    NARCIS (Netherlands)

    A.R. Thurik (Roy)

    1984-01-01

    textabstractDifferences in labour productivity are dealt with for large French retail establishments. Influences of scale, weekly opening time, assortment composition, wage rate and share of counter service are considered. The relationship used is a result of analyses in the field of small retail

  18. Small Business Critical Success/Failure Factors In Developing Economies: Some Evidences From Botswana

    OpenAIRE

    Zelealem T. Temtime; J. Pansiri

    2004-01-01

    Although the discovery of diamond has propelled Botswana from one of the poorest countries in 1966 to its current economic status as a middle-income country, the country still faces the problems of economic diversification, employment creation, income generation and distribution and poverty alleviation. Governmental and non- Governmental organizations have put many efforts on the development of small and medium Enterprises (SMEs) to diversify the economy away from mining, to create jobs, gene...

  19. Fuel Economy and Emissions Effects of Low Tire Pressure, Open Windows, Roof Top and Hitch-Mounted Cargo, and Trailer

    Energy Technology Data Exchange (ETDEWEB)

    Thomas, John F [ORNL; Huff, Shean P [ORNL; West, Brian H [ORNL

    2014-01-01

    To quantify the fuel economy (FE) effect of some common vehicle accessories or alterations, a compact passenger sedan and a sport utility vehicle (SUV) were subjected to SAE J2263 coastdown procedures. Coastdowns were conducted with low tire pressure, all windows open, with a roof top or hitch-mounted cargo carrier, and with the SUV pulling an enclosed cargo trailer. From these coastdowns, vehicle dynamometer coefficients were developed which enabled the execution of vehicle dynamometer experiments to determine the effect of these changes on vehicle FE and emissions over standard drive cycles and at steady highway speeds. The FE penalty associated with the rooftop cargo box mounted on the compact sedan was as high as 25-27% at higher speeds, where the aerodynamic drag is most pronounced. For both vehicles, use of a hitch mounted cargo tray carrying a similar load resulted in very small FE penalties, unlike the rooftop cargo box. The results for the SUV pulling a 3500 pound enclosed cargo trailer were rather dramatic, resulting in FE penalties ranging from 30%, for the city cycle, to 50% at 80 mph, at which point significant CO generation indicated protective enrichment due to high load. Low tire pressure cases resulted in negligible to 10% FE penalty depending on the specific case and test point. Driving with all four windows open decreased FE by 4-8.5% for the compact sedan, and 1-4% for the SUV.

  20. Nuclear Power as an Option in Electrical Generation Planning for Small Economy and Electricity Grid

    International Nuclear Information System (INIS)

    Tomsic, Z.

    2012-01-01

    Implementing a NPP in countries with relatively small total GDP (small economy) and usually with small electricity grid face two major problems and constrains: the ability to obtain the considerable financial resources required on reasonable terms and to connect large NPP to small electricity grid. Nuclear generation financing in developing countries involves complex issues that need to be fully understood and dealt with by all the parties involved. The main topics covered by paper will be the: special circumstances related to the financing of NPP, costs and economic feasibility of NPP, conventional approaches for financing power generation projects in developing countries, alternative approaches for mobilizing financial resources. The safe and economic operation of a nuclear power plant (NPP) requires the plant to be connected to an electrical grid system that has adequate capacity for exporting the power from the NPP, and for providing a reliable electrical supply to the NPP for safe start-up, operation and normal or emergency shut-down of the plant. Connection of any large new power plant to the electrical grid system in a country may require significant modification and strengthening of the grid system, but for NPPs there may be added requirements to the structure of the grid system and the way it is controlled and maintained to ensure adequate reliability. Paper shows the comparative assesment of differrent base load technologies as an option in electrical generation planning for small economy and electricity grid.(author).

  1. Openness of Economy, Foreign Investment Inflows and the Phenomenon of Rent Seeking Corruption

    Directory of Open Access Journals (Sweden)

    Syed Toqueer Akhter

    2015-08-01

    Full Text Available Rent seeking behavior has been amongst noticeable obstacles in path of economic growth and development for developing communities. Due to this the study aims at testing the hypothesis that the Rent seeking behavior among bureaucracy is being influenced by the openness of economy as well as inflows of foreign investment significantly. Model estimations imply that reforms may have an insignificant impact upon impact upon curtailing the rent seeking behavior among bureaucracy in a time series setting therefore this research will use two statistical econometric models to show the effect of corruption on the foreign direct inflow received in Pakistan. In order to pretest the impact of all the mentioned variables on rent seeking behavior generalized least square was used because its results were unbiased, consistent and the problem of Serial correlation was solved by using it. In order to quantify rent seeking behavior among bureaucracy different aspects of misuse of public offices appearing in form of petty and grand corruption were used using the variables informal sector, tax evasion, judicial outlay, G.D.P and F.D.I as percentage of G.D.P. All of the variables had proper signs aligned with the theory and all of the variables appeared to be significant except judicial outlay proving that the judiciary has been incompetent and ineffective. The robust regression showed all the same signs except in it every variable was appearing to be significant. Rent seeking corruption has been highly affecting Pakistan in adverse ways and this paper will show how many factors like judiciary is not playing effective role in limiting corruption and also how the economy is being affected by rent seeking behavior.

  2. ISLANDNESS AND REMOTENESS AS RESOURCES: EVIDENCE FROM THE TOURISM PERFORMANCE OF SMALL REMOTE ISLAND ECONOMIES (SRIES

    Directory of Open Access Journals (Sweden)

    Shamnaaz B. Sufrauj

    2011-03-01

    Full Text Available Small remote island economies are known to face a number of economic challenges, in particular, in their trade relations. In addition, their geographical handicap—remoteness—enhances their vulnerability. The cost of distance is well-documented in the economics literature. This paper takes an optimistic position and puts forward the strengths of islands. It investigates the impact of remoteness and islandness on tourism performance. Remote islands are found to be well-endowed in nature and scenery which plausibly play a major role in promoting tourism. The results of an empirical analysis favour the hypothesis that nature has a positive impact on tourism performance (revealed comparative advantage and tourism demand. Interestingly while being distant is detrimental to tourism performance, being both an island and remote is favourable. Tourism demand is negatively affected by being an island, a small country, or a remote country but favoured by being a small island or a remote island.

  3. Open Automated Demand Response for Small Commerical Buildings

    Energy Technology Data Exchange (ETDEWEB)

    Dudley, June Han; Piette, Mary Ann; Koch, Ed; Hennage, Dan

    2009-05-01

    This report characterizes small commercial buildings by market segments, systems and end-uses; develops a framework for identifying demand response (DR) enabling technologies and communication means; and reports on the design and development of a low-cost OpenADR enabling technology that delivers demand reductions as a percentage of the total predicted building peak electric demand. The results show that small offices, restaurants and retail buildings are the major contributors making up over one third of the small commercial peak demand. The majority of the small commercial buildings in California are located in southern inland areas and the central valley. Single-zone packaged units with manual and programmable thermostat controls make up the majority of heating ventilation and air conditioning (HVAC) systems for small commercial buildings with less than 200 kW peak electric demand. Fluorescent tubes with magnetic ballast and manual controls dominate this customer group's lighting systems. There are various ways, each with its pros and cons for a particular application, to communicate with these systems and three methods to enable automated DR in small commercial buildings using the Open Automated Demand Response (or OpenADR) communications infrastructure. Development of DR strategies must consider building characteristics, such as weather sensitivity and load variability, as well as system design (i.e. under-sizing, under-lighting, over-sizing, etc). Finally, field tests show that requesting demand reductions as a percentage of the total building predicted peak electric demand is feasible using the OpenADR infrastructure.

  4. Role of Strong versus Weak Networks in Small Business Growth in an Emerging Economy

    Directory of Open Access Journals (Sweden)

    M. Kamil Kozan

    2014-02-01

    Full Text Available The study tests whether strong rather than weak ties account for small business growth in Turkey. Data were collected by means of a questionnaire filled out by the owners of small firms operating in four cities. Growth is comprised of two main areas, production expansion and knowledge acquisition. Results show that strong ties are positively related to both types of growth. In contrast, loose ties have no effect on small business growth in either area. This finding is attributed to the influence of the collectivistic nature of the mainstream Turkish culture, where owners of small businesses are likely to rely on in-groups rather than out-groups for advice and for financial support. Implications of relative absence of weak ties for small business growth and innovation in emerging economies are discussed. The findings suggest that culture should be included as a contingency variable in future studies of network strength and growth relationship. The paper also discusses the possible moderating role of affective and cognition-based trust in the relation of strong and weak ties to small business growth.

  5. THE ROLE OF SMALL BUSINESS IN ECONOMIC DEVELOPMENT OF EUROPEAN ECONOMY

    Directory of Open Access Journals (Sweden)

    Anca Stan

    2014-07-01

    Full Text Available Small businesses provide catalytic benefits to the economy. They contribute to national output, and to the society as a whole, beyond the spending and profit they generate. The role of SMEs is crucial for the European economic recovery – their number, employment capacity and value added constitute a large share of the European economy. Providing the right conditions in which SMEs can flourish is paramount for ensuring a sustained recovery and achieving prosperity for all EU citizens. There is no single agreed definition of an SME. Early definitions of ‘small’ businesses were largely qualitative. SMEs are generally considered to be non - subsidiary, independent firms which employ fewer than a given number of employees. For many small businesses, going global is no longer just an interesting to do – it is essential to the long – term health and performance of the company. Across the EU policies are being developed at regional, national and transnational government level that see SMEs as the only positive way of creating employment and generating increased local growth for the community.

  6. Operative Management of Small Bowel Fistulae Associated with Open Abdomen

    OpenAIRE

    Suvit Sriussadaporn; Sukanya Sriussadaporn; Kritaya Kritayakirana; Rattaplee Pak-art

    2006-01-01

    Gastrointestinal fistulae associated with open abdomen are serious complications following trauma or other major abdominal surgery. Management is extremely difficult and the mortality is still high in spite of modern medical advances. Patients who survive initial physiological and metabolic derangements require operative closure of the fistula, which is technically demanding and poorly described in the literature. Methods: A retrospective study of patients with small bowel fistulae associa...

  7. The Danish Negotiated Economy

    DEFF Research Database (Denmark)

    Pedersen, Ove K.

    2012-01-01

    Denmark is characterised by a number of distinct traits: a small and open economy, a stable democratic political system, a high proportion of organised wage earners covered by collective agreements, a political culture marked by social partnership, and a long tradition of institutionalised class...... cooperation. In this sense, Denmark has not only developed from a market to a mixed economy, but from a mixed to a negotiated economy. Because of its political history, the institutional structure in Denmark is hybrid. Market power and state authority are mixed in corporate bodies. Public authority...

  8. Applications of Open Source 3-D Printing on Small Farms

    Directory of Open Access Journals (Sweden)

    Joshua M. Pearce

    2013-12-01

    Full Text Available There is growing evidence that low-cost open-source 3-D printers can reduce costs by enabling distributed manufacturing of substitutes for both specialty equipment and conventional mass-manufactured products. The rate of 3-D printable designs under open licenses is growing exponentially and there arealready hundreds of designs applicable to small-scale organic farming. It has also been hypothesized that this technology could assist sustainable development in rural communities that rely on small-scale organic agriculture. To gauge the present utility of open-source 3-D printers in this organic farm context both in the developed and developing world, this paper reviews the current open-source designs available and evaluates the ability of low-cost 3-D printers to be effective at reducing the economic costs of farming.This study limits the evaluation of open-source 3-D printers to only the most-developed fused filament fabrication of the bioplastic polylactic acid (PLA. PLA is a strong biodegradable and recyclable thermoplastic appropriate for a range of representative products, which are grouped into five categories of prints: handtools, food processing, animal management, water management and hydroponics. The advantages and shortcomings of applying 3-D printing to each technology are evaluated. The results show a general izabletechnical viability and economic benefit to adopting open-source 3-D printing for any of the technologies, although the individual economic impact is highly dependent on needs and frequency of use on a specific farm. Capital costs of a 3-D printer may be saved from on-farm printing of a single advanced analytical instrument in a day or replacing hundreds of inexpensive products over a year. In order for the full potential of open-source 3-D printing to be realized to assist organic farm economic resiliency and self-sufficiency, future work is outlined in five core areas: designs of 3-D printable objects, 3-D printing

  9. Integrated spectral study of small angular diameter galactic open clusters

    Science.gov (United States)

    Clariá, J. J.; Ahumada, A. V.; Bica, E.; Pavani, D. B.; Parisi, M. C.

    2017-10-01

    This paper presents flux-calibrated integrated spectra obtained at Complejo Astronómico El Leoncito (CASLEO, Argentina) for a sample of 9 Galactic open clusters of small angular diameter. The spectra cover the optical range (3800-6800 Å), with a resolution of ˜14 Å. With one exception (Ruprecht 158), the selected clusters are projected into the fourth Galactic quadrant (282o evaluate their membership status. The current cluster sample complements that of 46 open clusters previously studied by our group in an effort to gather a spectral library with several clusters per age bin. The cluster spectral library that we have been building is an important tool to tie studies of resolved and unresolved stellar content.

  10. SMALL BUSINESS – ALTERNATIVE TO UNEMPLOYMENT REDUCTION IN ECONOMY UNDER RECESSION

    Directory of Open Access Journals (Sweden)

    Trajković Svetlana

    2013-01-01

    Full Text Available The decade long trend of unemployment rate increase, reduction of national income and salaries of the employees and demand reduction implies the necessity for taking urgent measures and counteracting the high inflation rate in order to reduce the unemployment of both the younger population as well as the elderly population (older than 50 which is often considered to be unneeded. More active initiation of small business through entrepreneurship, even self-employment can be an impetus for healing the economy. Education, financial support in the form of favorable loans together with the fiscal policy of new entrepreneurs can initiate entering into business of people with the feeling, awareness and readiness for innovative work and uncertainty, and those who are ready to face the risk of anticipating future developments and market turbulences which are inevitable companions of modern business.

  11. Carbon and energy taxes in a small and open country

    Directory of Open Access Journals (Sweden)

    S. Solaymani

    2017-12-01

    Full Text Available Malaysia, as a small and developing country, must reduce carbon emissions because the country is one of the top CO2-emitting countries in the ASEAN region. Therefore, the current study implements two environmental tax policies; carbon and energy taxes, in order to examine the impacts of these policies on the reduction of carbon emission in the whole of the economy by applying a computable general equilibrium model. Since the whole of the government revenue from these tax policies is transferred to all household and labor types through two schemes, a lump sum tax, and a labor tax, respectively, it is assumed that there is revenue neutrality in the model for the government. The findings from simulated scenarios indicate that the carbon tax policy is the more efficient policy for reducing CO2 emission, in both transferring schemes, while its impact on macroeconomic variables is almost lower than the equivalent energy tax. The carbon tax is more effective than the energy tax for Malaysia to achieve 40% carbon reduction target in comparison with its 2005 level. The carbon tax, compared to the energy tax, also leads to more decrease in consumption of fossil fuels. The carbon tax policy, in comparison with the energy tax, due to revenue recycling causes much more increase in the welfare of rural and urban households in Malaysia, especially the welfare of rural (lower income households.

  12. The Mechanisms of Financial Incentives and Credit Support of Small Business in the Global Economy

    Directory of Open Access Journals (Sweden)

    A. Ya. Mortaza

    2017-01-01

    Full Text Available Purpose: the aim of the article is to analyze the existing programs and technologies in the field of financial incentives and credit support of business, as well as justification of qualitatively new methodological tools in the study area for its adaptation in domestic practice. Subject of the article is relevant because it is devoted to description of sources of financial incentives and credit support to small businesses, which are currently the engine of the modern economy. In the first part of the article, an overview of the financial resources and types of funding sources of organizations and small- and medium-sized enterprises (SME in major developed European countries is provided. Also a description is provided of modern methods of creation of an innovative climate, support innovative ideas and internal business. The second part of the article describes the direction, forms of financing small and medium enterprises (SME in the major developed European countries, taking into account the peculiarities of the development and functioning. The possibility of using foreign experience in Russia is analyzed. The presented research topic is particularly relevant in connection to an increase in the role of sources of financing for small and medium-sized enterprises (SME. In current economic environment exists the need to address problem of financial support of small and medium-sized enterprises (SME, attraction of new sources of funding, as well as the development of bank credit loans. Processes of market transformation of small and medium-sized businesses have acquired a special importance in relation to the defining role of these enterprises in the system of provision of the economic security of the country. Methods: the methodological bases of this article are the economic and statistical analysis methods, regulatory documents in the field of economic security, publications in the field of economic and financial security, public

  13. On “open-economy macroeconomics using models of closed systems”

    Directory of Open Access Journals (Sweden)

    Romar Correa

    2001-01-01

    Full Text Available International macroeconomic crises occur because of the enlargement of the dimension of the state space within which economies operate. Our focus is the recent financial turbulence worldwide in which (i banks had a role to play and (ii whole systems collapsed. We validate these propositions in the context of the qualitative theory of differential equations. The economic framework used is that of Wynne Godley.

  14. Trade Openness and Bank Risk-Taking Behavior: Evidence from Emerging Economies

    Directory of Open Access Journals (Sweden)

    Badar Nadeem Ashraf

    2017-07-01

    Full Text Available In this paper, we examine the impact of trade openness on bank risk-taking behavior. Using a panel dataset of 291 banks from 37 emerging countries over the period from 1998 to 2012, we find that higher trade openness decreases bank risk-taking. The results are robust when we use alternative bank risk-taking proxies and alternative estimation methods. We argue that trade openness provides diversification opportunities to banks in lending activities, which decrease overall bank risk. Further to this end, we observe that higher trade openness helps domestic banks to smooth out income volatility and decreases the impact of a financial crisis on banks.

  15. Openness And Inflation: Evidence From The Seven Largest Latin American Economies

    OpenAIRE

    Rutilio Martinez; Vish Iyer

    2011-01-01

    The variables of Fishers Equation of Exchange were estimated as rates of growth for the economies of Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela. These estimations suggest that between 1995 and 2007 for Brazil, and between 1991 and 2007 for the other nations, some inflation failed to materialize. In per-year terms, the missing inflation went from a minimum of 0.9 percentage points in Colombia and Chile, to a maximum of 7.5 percentage points in Venezuela. The missing inflati...

  16. The problem of inflation and dependence on imports in an open economy (on the example of the economy of the republic of Tajikistan

    Directory of Open Access Journals (Sweden)

    M. M. Ahmedova

    2017-01-01

    Full Text Available The main objective of the study is to identify the peculiarities of inflation trends in the context of large import dependence, as well as finding the ways to solve the problems of inflation and import dependence. In this connection, the article discusses in detail such issues as the specifics of inflation processes in the context of globalization, the interrelation between inflation and the foreign trade factor, the interrelation between inflation and the exchange rate. The peculiarities of inflation trends, as well as the interrelation between inflation and import dependence, are examined on the example of the economy of the Republic of Tajikistan. The theoretical basis of the study was the work of foreign, in particular Russian and native scientists on inflation issues in an open economy, inflationary tendencies in the context of globalization, the interrelation between inflation and integration processes, as well as the problems of import dependence. The statistical data of the Agency on Statistics under the President of the Republic of Tajikistan - www. stat.tj, the data of the website of the National Bank of the Republic of Tajikistan – www.nbt.tj were used as the information base for the years 2003-2016. Results: The positive and negative influence of the foreign trade factor on the level of inflation in the Republic of Tajikistan has been revealed. The positive effect of the foreign trade factor is the following: in conditions of a significant increase in the incomes of the population and a lack of domestic production potential, the import helps to reduce the large inflationary pressure that arises from the growth of domestic aggregate demand. On the other hand, the import becomes a factor that covers the domestic commodity deficit because the domestic production of the republic still cannot fully meet the aggregate demand for consumer goods. The negative impact can be attributed to the following: in the context of large import

  17. The Silk Road Economic Belt – a Strategic Opening of the Chinese Economy

    Directory of Open Access Journals (Sweden)

    George-Cornel Dumitrescu

    2014-04-01

    Full Text Available The economic and the military developments that have characterized the Chinese economy in recent decades have caused Beijing to take steps to ensure the provision of strategic resources necessary for the continued economic growth and consolidation of China`s position and prestige in Central Asia and worldwide. This includes the recent launch of a strategic project entitled "The Silk Road Economic Belt", an initiative of the President Xi Jinping devised to promote Chinese economic and security interests among the states along the Silk Road. The project is designed so that the states involved don`t feel threatened by Beijing's interests by promoting win-win bilateral and multilateral relations. Analyzing the literature in the field, the main developments and positions of the authorities involved in the "The Silk Road Economic Belt", we propose to identify the potential routes covered by the project and the interests of the main stakeholders.

  18. Enabling frameworks for low-carbon technology transfer to small emerging economies: Analysis of ten case studies in Chile

    International Nuclear Information System (INIS)

    Pueyo, Ana

    2013-01-01

    Technology transfer is crucial to reduce the carbon intensity of developing countries. Enabling frameworks need to be in place to allow foreign technologies to flow, to be absorbed and to bring about technological change in the recipient country. This paper contributes to identifying these enabling factors by analysing 10 case studies of low-carbon technology transfer processes based in Chile. Our findings show the importance of strong economic and institutional fundamentals, a sound knowledge base, a sizable and stable demand and a functioning local industry. Policy recommendations are derived to improve the penetration of foreign low-carbon technologies in developing countries, focusing on the particularities of small and medium emerging economies. - Highlights: ► We analyse 10 case studies of low carbon technology transfer to Chile. ► We identify enablers of technology transfer to developing countries. ► We provide policy recommendations focusing on small and medium economies.

  19. Teaching Applied Macro in Emergent Economies: Lessons from Bahrain

    Science.gov (United States)

    Miller, Michael S.; Epstein, Seth

    2013-01-01

    In this article we explore the challenges of adapting a standard introductory MBA course in applied macroeconomics to a student audience in a small open economy with a pegged currency. Our focus will be on the Kingdom of Bahrain, with reference to other countries in the Arabian Gulf region, where one would expect to use an open-economy theoretical…

  20. Android and the political economy of the mobile Internet: A renewal of open source critique

    NARCIS (Netherlands)

    Spreeuwenberg, K.; Poell, T.

    2012-01-01

    This paper examines how and why Google in developing Android, the popular mobile operating system, has strategically adopted particular open source practices, but ignored others. It explores how through these practices, the corporation has been able to cultivate and control a vast mobile Internet

  1. The Influence of Different Institutional Settings on Welfare in an open economy

    NARCIS (Netherlands)

    Geerdink, G.C. (Gerhard); Stauvermann, P.J.

    2010-01-01

    In this paper we analyze the effects if two countries, with different settings on the labor market, open their capital markets. To do this we follow the ideas of New Institutional Economics in combination with a new model of economic growth. We will use a Leontief production function, where we

  2. The Economic Exchange Rate Exposure: Evidence for a Small Open Economy

    OpenAIRE

    Rashid, Abdul

    2009-01-01

    This study examines the economic exchange rate exposure for 22 industries in Pakistan. The key findings of the study are as follows. Firstly, it shows that industry-level share values are statistically significantly influenced by changes in the PKR/US-dollar exchange rate in general. Secondly it reports a statistically significant lagged response of stock values to exchange rate change. Finally, the highly capital intensive industries are, however, more exposed to changes in exchange rate as ...

  3. The narrative approach for the identification of monetary policy shocks in small open economies

    OpenAIRE

    Eleni Angelopoulou

    2007-01-01

    This paper reviews 22 years of UK monetary policy (1971-1992) using official record from the Quarterly Bulletin of the Bank of England. A definition of policy shocks, which allows for the exclusion of cases of interest rate increases, which were unrelated to the monetary policy objectives, is used. The empirical analysis shows that output displays the usual hump-shaped response after a shock to the policy indicator but adjustment to pre-shock levels is slow. Other variables also display theor...

  4. The Narrative Approach for the Identification of Monetary Policy Shocks in a Small Open Economy

    OpenAIRE

    Eleni Angelopoulou

    2007-01-01

    This paper reviews 22 years of UK monetary policy in the pre-inflation targeting period (1971-1992) using official record from the Bank of England Quarterly Bulletin. A transparent definition of policy episodes is used. The empirical analysis shows that output displays the usual hump-shaped response after a shock to the policy indicator. All variables display theory-consistent behaviour. Monetary policy and exchange rate volatility are found to cause substantial output fluctuation in a four y...

  5. Determinants of R&D Offshoring: Firm-level Evidence from a Small Open Economy

    OpenAIRE

    MURPHY GAVIN; SIEDSCHLAG IULIA

    2018-01-01

    We analyse determinants of an enterprise’s decision to offshore R&D activities using a novel dataset for enterprises in Ireland over the period 2001-2006. Our results suggest that, on average, other things equal, enterprises integrated in international production and innovation networks, and enterprises which used information and communication technologies (ICT) more intensively were more likely to offshore R&D. Furthermore, characteristics of the import source region had an important influen...

  6. Welfare-based optimal monetary policy in a two-sector small open economy

    Czech Academy of Sciences Publication Activity Database

    Rychalovska, Yuliya

    -, č. 16 (2007), s. 1-46 ISSN 1803-2397 Institutional research plan: CEZ:AV0Z70850503 Keywords : DSGE models * optimal monetary policy * non-traded goods Subject RIV: AH - Economics http://www.cnb.cz/m2export/sites/www.cnb.cz/en/research/research_publications/cnb_wp/download/cnbwp_2007_16.pdf

  7. Ancillary benefits of climate policy in a small open economy: The case of Sweden

    International Nuclear Information System (INIS)

    Krook Riekkola, Anna; Ahlgren, Erik O.; Soederholm, Patrik

    2011-01-01

    It is increasingly recognised that GHG reduction policies can have important ancillary benefits in the form of positive local and regional environmental impacts. The purpose of this paper is to estimate the domestic ancillary pollution benefits of climate policy in Sweden, and investigate how these are affected by different climate policy designs. The latter differ primarily in terms of how the country chooses to meet a specific target and where the necessary emission reductions take place. The analysis relies on simulations within the energy system optimisation model TIMES-Sweden, and focuses on four non-GHG pollutants: Nitrogen Oxides (NO X ), Non Methane Volatile Organic Compounds (NMVOC), inhalable particles (PM 2.5 ), and Sulphur dioxide (SO 2 ). The simulations permit detailed assessments of the respective technology and fuel choices that underlie any net changes in the estimated ancillary effects. The results indicate that the ancillary benefits constitute a far from insignificant share of total system costs, and this share appears to be highest in the scenarios that entail the largest emission reductions domestically. This result reflects the fact that carbon dioxide emission reductions abroad also implies a lost opportunity of achieving substantial domestic welfare gain from the reductions of regional and local environmental pollutants. - Highlights: → We estimate the domestic ancillary pollution benefits of climate policy in Sweden. → These constitute a sizeable share of total system costs. → The ancillary benefits are highest in the policy scenarios that entail the largest emission reductions domestically.

  8. Free float and stochastic volatility: the experience of a small open economy

    Science.gov (United States)

    Selçuk, Faruk

    2004-11-01

    Following a dramatic collapse of a fixed exchange rate based inflation stabilization program, Turkey moved into a free floating exchange rate system in February 2001. In this paper, an asymmetric stochastic volatility model of the foreign exchange rate in Turkey is estimated for the floating period. It is shown that there is a positive relation between the exchange return and its volatility. Particularly, an increase in the return at time t results in an increase in volatility at time t+1. However, the effect is asymmetric: a decrease in the exchange rate return at time t causes a relatively less decrease in volatility at time t+1. The results imply that a central bank with a volatility smoothing policy would be biased in viewing the shocks to the exchange rate in favor of appreciation. The bias would increase if the bank is also following an inflation targeting policy.

  9. Assessment of the Introduction of Optimal Border Taxes in a Small Open Economy

    DEFF Research Database (Denmark)

    Munk, Knud Jørgen

    The introduction of road pricing has important budgetary and income distributional consequences. In countries like Denmark, due to high marginal rates of taxation, raising government revenue and redistributing income is associated with substantial distortionary and administrative costs. This paper...... framework. A stylized Computable General Equilibrium (CGE) model which represents the interaction of the consumption of transport and of traffic congestion with leisure is used to illustrate this point. Model simulations show that the introduction of road pricing may be associated with a double dividend...

  10. The Impact of Sustainable Development Technology on a Small Economy-The Case of Energy-Saving Technology.

    Science.gov (United States)

    Chen, Xiding; Huang, Qinghua; Huang, Weilun; Li, Xue

    2018-02-08

    We investigated the impact of a sustainable development technology on the macroeconomic variables in a small economy utilizing a case study with a stochastically improving energy saving technology and a stochastically increasing energy price. The results show the technological displacement effects of energy saving technology are stronger, but there are more ambiguous instantaneous returns to physical capital. However, the energy saving technology's displacement effects might not affect the conditions under which the Harberger-Laursen-Metzler (HLM) effect holds. The effects of rising energy prices on bonds are stronger, and there are more ambiguous instantaneous returns, but the conditions under which the HLM effect holds are different.

  11. The EU’s Open Arms and Small States

    Directory of Open Access Journals (Sweden)

    Thorvaldur Gylfason

    2016-05-01

    Full Text Available The EU has fostered lasting peace and prosperity in Europe since World War II and welcomed formerly autocratic countries back into the European fold. The paper describes the EU as a union of primarily small European states whose parallel emphasis on efficiency and fairness, including deep respect for human rights, holds the key to Europe´s economic and social advances. While expansion fatigue has temporarily slowed the momentum of the widening of European unification, the EU can expect to benefit from welcoming more small states as members, including Albania and Iceland as well as Catalonia and Scotland should they declare independence.

  12. Lateral patellar luxation in nine small breed dogs | Dona | Open ...

    African Journals Online (AJOL)

    The objective of this paper was to describe the clinical features, the management and the outcome of nine small breed dogs affected with lateral patella luxation referred during the period between January 2010 and December 2014. Patellar luxations were classified according to: breed, age, sex, weight, and grade of ...

  13. Exploring the oil price and real GDP nexus for a small island economy, the Fiji Islands

    Energy Technology Data Exchange (ETDEWEB)

    Prasad, Arti [The University of the South Pacific, Suva (Fiji). Faculty of Business and Economics, School of Economics; Narayan, Paresh Kumar [Deakin University, Melbourne (Australia). Faculty of Business and Law, School of Accounting, Economics and Finance; Narayan, Jashwini [The University of the South Pacific, Suva (Fiji). Faculty of Business and Economics, School of Management and Public Administration

    2007-12-15

    The goal of this paper is to examine the relationship between real GDP and oil prices using time series data for the period 1970-2005. Our main finding is that an increase in oil has a positive, albeit inelastic, impact on real GDP, inconsistent with the bulk of the literature. We argue that this is not a surprising result for the Fiji Islands. Our central argument focuses on two aspects of the Fijian economy: (1) the fact that actual output in Fiji has been around 50 per cent less than potential output; thus, Fiji's actual output has not reached a threshold level at which oil prices can negatively impact output; and (2) a rise in oil prices filters through to value added, which in turn is reflected in a larger actual output. (author)

  14. Exploring the oil price and real GDP nexus for a small island economy, the Fiji Islands

    International Nuclear Information System (INIS)

    Prasad, Arti; Narayan, Paresh Kumar; Narayan, Jashwini

    2007-01-01

    The goal of this paper is to examine the relationship between real GDP and oil prices using time series data for the period 1970-2005. Our main finding is that an increase in oil has a positive, albeit inelastic, impact on real GDP, inconsistent with the bulk of the literature. We argue that this is not a surprising result for the Fiji Islands. Our central argument focuses on two aspects of the Fijian economy: (1) the fact that actual output in Fiji has been around 50 per cent less than potential output; thus, Fiji's actual output has not reached a threshold level at which oil prices can negatively impact output; and (2) a rise in oil prices filters through to value added, which in turn is reflected in a larger actual output. (author)

  15. Examining the ‘’Natural Resource Curse’’ and the Impact of Various Forms of Capital in Small Tourism and Natural Resource-Dependent Economies

    Directory of Open Access Journals (Sweden)

    Petar Kurecic

    2017-02-01

    Full Text Available The problem of the relevance of human and natural capital, as well as the potential adverse effect of natural capital on economic growth, has gained increased attention in development economics. The aim of this paper is to assess, theoretically and empirically, the relevance of several forms of capital on economic growth in certain small economies that are dependent upon tourism or natural resources. The empirical framework is based on Impulse Response Functions obtained from Vector Autoregressive models in which we focus on the model where economic growth is the dependent variable for ten small economies that are dependent upon either tourism or natural resources. We find that there is evidence of the “natural resource curse”, especially in the economies that have a strong dependence on resources that are easily substitutable and whose prices constantly fluctuate. We further find that in the majority of observed cases, the type of capital these small economies are most dependent on for their economic growth causes negative impulses in the majority of the observed periods. Therefore, the main policy recommendation should be to assure that even these small economies should strive towards further diversification and avoid dependence on only one segment of their economy.

  16. Antitrust in Open Economies

    NARCIS (Netherlands)

    J.F. François (Joseph); H. Horn (Henrik)

    2006-01-01

    textabstractWe examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance

  17. Smartfactory: challenges of open and low cost ICT in the small manufacturing industry

    CSIR Research Space (South Africa)

    Bosscha, P

    2006-02-27

    Full Text Available The neglected field of appropriate information and communications technologies for small companies in the manufacturing industry is addressed through the development of an architecture that integrates various open and low-cost technologies...

  18. The creation process of micro and small business of the creative economy [doi: 10.21529/RECADM.2016007

    Directory of Open Access Journals (Sweden)

    Aline Santos de Almeida

    2016-08-01

    Full Text Available The study aimed to analyze the creation of micro and small business of the creative economy. Specifically intended to identify the sources of inspiration for the design and development of the idea; check how entrepreneurs evaluated and explored business opportunities; analyze the activities carried out during the period of preparation and conception, and finally report the difficulties observed during the creation phases. The research method adopted was the multiple case studies and were elected five cases according to the classification presented by UNCTAD (2010. Some results were noted such as that the business were found in different sectors of the creative economy and have generally little operation time. The business ideas originated essentially based on previous experience and knowledge acquired by entrepreneurs throughout their lives in areas that had personal interest. All entrepreneurs foresee on family and friends fundamental sources of support for the creation of the business, so that they could devote themselves to their enterprises. Among the identified obstacles, was the lack of recognition of the market, followed by difficulty in hiring qualified employees, establish partnerships and sell your products / services.

  19. The Relevance of Political Stability on FDI: A VAR Analysis and ARDL Models for Selected Small, Developed, and Instability Threatened Economies

    Directory of Open Access Journals (Sweden)

    Petar Kurecic

    2017-06-01

    Full Text Available This paper studies the relevance of political stability on foreign direct investment (FDI and the relevance of FDI on economic growth, in three panels. The first panel contains 11 very small economies; the second contains five well-developed and politically stable economies with highly positive FDI net inflows, while the third is a panel with economies that are prone to political violence or targeted by the terrorist attacks. We employ a Granger causality test and implement a vector autoregressive (VAR framework within the panel setting. In order to test the sensitivity of the results and avoid robust errors, we employ an ARDL model for each of the countries within every panel. Based upon our results, we conclude that there is a long-term relationship between political stability and FDI for the panel of small economies, while we find no empiric evidence of such a relationship for both panels of larger and more developed economies. Similarly to the original hypothesis of Lucas (1990, we find that FDI outflows tend to go towards politically less stable countries. On the other hand, the empiric methodology employed did not find such conclusive evidence in the panels of politically more developed countries or in the small economies that this paper observes.

  20. Industrial development in small islands economies. A comparative study of Mauritius and La Reunion growth performances

    OpenAIRE

    Dimou, Michel

    2004-01-01

    Small islands economic development may follow different pathways, according to the particular combination of growth mechanisms. A comparative study of the long term growth in Mauritius and in La Reunion, two islands with strong historical, sociological and cultural links, shows that they are engaged in two different process of industrialization. La Reunion has

  1. Measuring Performance for Accountability of a Small Social Economy Organization: The Case of an Independent School

    Directory of Open Access Journals (Sweden)

    Steven M. Smith

    2011-01-01

    Full Text Available This article is a result of a joint project in social economy research between a community partner-an independent school-and academic partners. The school is a democratic organization, run by teachers and parents. The goal of the project was to find ways to improve communication and reporting about general performance of the school as part of the school's accountability to its members. Starting from lessons of the balanced scorecard approach for non-profits, we describe the process of development of survey-based measures for the particular organization. The direction of the tool development and subsequent organizational changes were carried out in a participatory process between the school's staff, the parents, and the board. We identify the limitations and challenges of this process, and outline its successes to draw lessons for other similar democratic organizations. / Cet article est le produit d'un projet conjoint de recherche sur l'économie sociale entre un partenaire communautaire-une école privée-et des partenaires académiques. L'école est une organisation démocratique dirigée par des enseignants et des parents. Le but de ce projet était de trouver des façons d'améliorer la communication et la reddition de compte en ce qui a trait au rendement général de l'école comme faisant partie de la responsabilité de l'école envers ses membres. En commençant par des leçons sur l'approche de tableau de bord équilibré pour les organismes sans but lucratif, nous abordons le processus de l'élaboration de mesures fondées sur des enquêtes pour l'organisation particulière. L'orientation du développement d'outils et des changements organisationnels subséquents ont été déterminés lors d'un processus participatif entre le personnel de l'école, les parents et la direction. Nous établissons les limites et les défis de cette façon de procéder et en soulignons les réussites pour tirer des leçons qui serviront à d

  2. The influence of customer loyalty on small island economies: an empirical and exploratory study

    OpenAIRE

    Ozuem, Wilson; Thomas, Tara; Lancaster, Geoff

    2016-01-01

    There is growing consensus that companies’ long-term success is reliant on building\\ud and sustaining strong customer relationships. This study explores the antecedents of\\ud loyalty in business to business (B2Bs) using Guernsey’s telecommunication industry as\\ud a case study. It examines how these influence customer loyalty orientation and factors\\ud that help service providers improve loyalty rates. Extant literature pays little attention\\ud to the antecedents of loyalty in small island eco...

  3. Small Business Struggle in a Developing Economy:Does Organizational Culture Matter?

    Directory of Open Access Journals (Sweden)

    Michael STOICA

    2011-11-01

    Full Text Available The paper examines the relationship between two important variables that define small and medium-sized enterprises:organizational culture and responsiveness. Firms operating in Romania were selected for the study. The country offers a business context with many changes over the last two decades, a challenge and an opportunity for researchers. Results show that the combination of entrepreneurial characteristics and planning and goal oriented managerial styles suits best successful companies. The market-driven type of culture has the best coordination and is best positioned to deliver customer-centered versatility, while adhocracy helps businesses respond fast to changes in the market environment.

  4. Small Business Responsiveness and Organizational Culture in the Context of a Developing Economy

    Directory of Open Access Journals (Sweden)

    Michael STOICA

    2012-12-01

    Full Text Available The paper examines the relationship between two important variables that define small and medium-sized enterprises: organizational culture and responsiveness. Firms operating in Romania were selected for the study. The country offers a business context with many changes over the last two decades, a challenge and an opportunity for researchers. Results show that the combination of entrepreneurial characteristics and planning and goal oriented managerial styles suits best successful companies. The market-driven type of culture has the best coordination and is best positioned to deliver customer-centered versatility, while adhocracy helps businesses respond fast to changes in the market environment.

  5. Macroeconomic perspectives on the Danish economy

    DEFF Research Database (Denmark)

    Andersen, Torben M.; Hougaard Jensen, Svend E.; Risager, Ole

    A guide to major economic policy issues in Denmark. Leading Danish and international economists discuss, in comparative conte×t, the Danish economy's performance in the last 40 years, and assess the challenges which Denmark in common with other small, open economies faces in the global economy...... today. Major features include the continuing of academic analysis with policy making e×perience and e×pertise, and the e×amination of topical issues including the impact of EMU on "outsider" nations....

  6. An Analysis of Small-Business Concerns and Naval Open Architecture: Options to Facilitate Small-Business Participation in the Department of the Navy

    Science.gov (United States)

    2013-03-01

    encourage competition and collaboration through the introduction of SBCs into the acquisition ecosystem (Cole S. , 2011, p. 13). The combination of...current administration. From Main Street shops to high-tech startups, America’s small businesses and entrepreneurs are the engine of our economy and...2012). Moving America’s small businesses & entrepreneurs forward. Washington D.C.: White House. Retrieved from http://www.whitehouse.gov/sites

  7. Visualization study of helium-air counter flow through a small opening

    International Nuclear Information System (INIS)

    Fumizawa, Motoo

    2007-01-01

    Buoyancy-driven counter flows of helium-air were investigated through horizontal and inclined small openings. Counter flows may occur following a window opening as ventilation, fire in the room as well as a pipe rupture accident in a high temperature gas-cooled nuclear reactor. The experiment has carried out by a test chamber filled with helium and flow was visualized by the smoke wire method. The flow behavior has recorded by a high-speed camera with a computer system. The image of the flow was transferred to the digital data, thus the flow velocity was measured by PTV software. The mass fraction in the test chamber was measured by electronic balance. The detected data was arranged by the densimetric Floude number of the counter flow rate that derived from the dimensional analysis. The method of mass increment was developed and applied to measure the counter flow rate. By removing the cover plate placed on the top of the opening, the counter flow initiated. Air enters the test chamber and the mass of the gas mixture in the test chamber increased. The volumetric counter flow rate was evaluated from the mass increment data. In the case of inclination openings, the results of both methods were compared. The inclination angle for maximum densimetric Floude number decreased with increasing length-to-diameter ratio of the opening. For a horizontal opening, the results from the method of mass increment agreed with those obtained by other authors for a water-brine system. (author)

  8. Breaking-bud pollination: a new pollination process in partially opened flowers by small bees.

    Science.gov (United States)

    Yamaji, Futa; Ohsawa, Takeshi A

    2015-09-01

    Plant-pollinator interactions have usually been researched in flowers that have fully opened. However, some pollinators can visit flowers before full opening and contribute to fruit and seed sets. In this paper, we researched the pollination biology of flowers just starting to open in four field experiments. We observed the insect visitors to Lycoris sanguinea var. sanguinea for 3 years at five sites. These observations revealed that only small bees, Lasioglossum japonicum, often entered through tiny spaces between the tepals of 'breaking buds' (i.e. partially opened flowers) and collected pollen. We hypothesized that they can pollinate this species at the breaking-bud stage, when the stigma is located near the anthers. To measure the pollination effect of small bees at the breaking-bud stage, we bagged several breaking buds after small bees had visited them and examined whether these buds were pollinated. In bagging experiments, 30% of the breaking buds set fruit and seeds. Fruit-set ratios of the breaking buds did not differ significantly from those of the fully opened flowers, which had been visited by several insect species. We also counted the pollen grain numbers on the body of L. japonicum and on the anthers of randomly-selected and manipulated flowers. These experiments revealed that all of the captured bees had some pollen of target plants and that L. japonicum collected most of the pollen grains at the breaking-bud stage. Our results showed that the new pollination process, breaking-bud pollination, happened in breaking buds by L. japonicum, although there is no evidence to reveal that this is the most effective pollination method for L. sanguinea var. sanguinea. In principle, this new pollination process can occur in other flowering plants and our results are a major contribution to studies of plant-pollinator interactions.

  9. Open-Source Medical Devices (OSMD) Design of a Small Animal Radiotherapy System

    Science.gov (United States)

    Prajapati, S.; Mackie, T. R.; Jeraj, R.

    2014-03-01

    Open-Source Medical Devices (OSMD) was initiated with the goal of facilitating medical research by developing medical technologies including both hardware and software on an open-source platform. Our first project was to develop an integrated imaging and radiotherapy device for small animals that includes computed tomography (CT), positron emission tomography (PET) and radiation therapy (RT) modalities for which technical specifications were defined in the first OSMD conference held in Madison, Wisconsin, USA in December 2011. This paper specifically focuses on the development of a small animal RT (micro-RT) system by designing a binary micro multileaf collimator (bmMLC) and a small animal treatment planning system (SATPS) to enable intensity modulated RT (IMRT). Both hardware and software projects are currently under development and their current progresses are described. After the development, both bmMLC and TPS will be validated and commissioned for a micro-RT system. Both hardware design and software development will be open-sourced after completion.

  10. Market-opening rules and potentialities of destabilization of hierarchical power industries in an open economy: institutional scenarios on the French power industry

    International Nuclear Information System (INIS)

    Finon, D.

    1999-08-01

    The purpose of the paper is to analyse the reform of the French power industry, the extreme integration of the industrial organisation of which is deeply rooted in the French institutional particularisms. After the presentation of the main features of the 1999 reform, different elements of instability of the new structure are pointed out: the over-dominant position of the incumbent company which dissuades entries, institutional isomorphism between economies integrated to a regional space (heterogeneity of structures between European Community countries generates problems of reciprocity and fairness), and the end of the traditional capture of the regulator by the incumbent company because of the autonomy of the function of regulation. Two institutional scenarios are defined, which give a different weight to two competition paradigms in conflicts: the traditional ''industrial economics'' which inclines to preserve hierarchy in the national area to gain competitive advantages in the European field, and the neo-classical paradigm. In the first one, in the name of strategic efficiency, the integration of the industrial organisation could be preserved in spite of the asymmetry of structures between countries, and the playing field is the continental Europe on which national champions compete. In the second one the French industrial organisation has to conform to the competitive model, with vertical and horizontal disintegration and creation of a power exchange market. This scenario necessitates to test the force of the institutional determinism of the nuclear legacy. (author)

  11. Organizational Culture and Open Innovation Performance in Small and Medium-sized Enterprises (SMEs in Poland

    Directory of Open Access Journals (Sweden)

    Mazur Jolanta

    2016-09-01

    Full Text Available This study investigates the links between organizational culture, the use of open innovation sources and the performance of SMEs. The main hypothesis of the study is that a special type of organizational culture (termed innovative culture, which fosters creativity, learning and inter-employee cooperation – will correspond with a greater scope of open innovation sources and higher levels of innovative, operational and financial performance. The study was based on a representative CATI survey of 473 SMEs operating in manufacturing and services industries in Poland. Our statistical analysis relied on building and testing structural equation model with the AMOS software. The findings confirmed a positive association between innovative culture and the scope of open sources of innovation. However, innovative culture had no direct effect on the percentage of sales from new and modified products, which is often used as a metric of innovativeness, but did show a positive influence on an index of operational performance and ROI. Such statistical patterns suggest that fostering innovative culture is beneficial to a company, though probably not through an increased number of product innovations, but rather via process, administrative and marketing innovations, as well as other gains in efficiency attained due to more streamlined employee cooperation and knowledge exchange. The study adds to the existing body of knowledge in management science by providing a better understanding of mechanisms underlying innovative culture’s impacts on open innovation practices and metrics of operational and financial performance in the context of small and medium enterprises.

  12. Portable Low-Frequency Noise Reduction Device for Both Small Open and Closed Spaces

    Directory of Open Access Journals (Sweden)

    Chao Wang

    2016-01-01

    Full Text Available Noise pollution has been given more attention due to its negative impacts on human health and disease. The portable low-frequency noise reduction device we developed in this research can provide an effective way for solving low-frequency noise pollution problem in the small space. This work describes the design principle and the prototype structures for two versions of V1.5 and V2.0 and builds the noise test systems for small spaces, respectively. These devices, installed on the outer surface of the small spaces, can automatically identify the noise spectrum and implement noise reduction by means of the active noise control (ANC technology. The testing results indicate that the noise can be reduced 12 dB in the range of 250 Hz~400 Hz for the small closed space while, for the small open space, the best effect of 5.88 dB occurs in the optimal frequency of 450 Hz. These effects will be weakened with the increasing distance away from the source and show the obvious axisymmetric distribution in the inverted cone space.

  13. 76 FR 17996 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-03-31

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted. The... Act, 5 U.S.C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self...

  14. 77 FR 20489 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-04-04

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer... open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers Project...

  15. 77 FR 21157 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-04-09

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer... open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers Project...

  16. 76 FR 6189 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-02-03

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Act, 5 U.S.C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self...

  17. 77 FR 37102 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-06-20

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer... open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers Project...

  18. 75 FR 62630 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-10-12

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed... Panel Small Business/Self Employed Project Committee will be held Thursday, November 18, 2010, at 9 a.m...

  19. 77 FR 8329 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-02-14

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer... open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers Project...

  20. 77 FR 30591 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-05-23

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer... open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers Project...

  1. 76 FR 10942 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-02-28

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Act, 5 U.S.C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self...

  2. 76 FR 77893 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2011-12-14

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer...) that an open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers...

  3. 77 FR 20488 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-04-04

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer.... (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non...

  4. 76 FR 10942 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-02-28

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Panel Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted....C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self Employed...

  5. 77 FR 2610 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-01-18

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer...) that an open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers...

  6. 76 FR 22170 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-04-20

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Act, 5 U.S.C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self...

  7. 77 FR 55527 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-09-10

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer...) that an open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers...

  8. 76 FR 46897 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-08-03

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Panel Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted....C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self Employed...

  9. 77 FR 47166 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-08-07

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer...) that an open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers...

  10. 76 FR 63716 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-10-13

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted. The.... (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence...

  11. 76 FR 56880 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-09-14

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted. The.... (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence...

  12. 76 FR 37200 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-06-24

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Act, 5 U.S.C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self...

  13. 76 FR 22170 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-04-20

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted. The...) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

  14. 76 FR 6190 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-02-03

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Panel Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted....C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self Employed...

  15. 76 FR 37893 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-06-28

    ... Small Business/Self Employed Correspondence Exam Toll Free Project Committee AGENCY: Internal Revenue... Panel Small Business/ Self Employed Correspondence Exam Toll Free Project Committee will be conducted....C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Small Business/Self Employed...

  16. 77 FR 61052 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self-Employed Decreasing Non-Filers...

    Science.gov (United States)

    2012-10-05

    ... Small Business/Self- Employed Decreasing Non-Filers Project Committee AGENCY: Internal Revenue Service... Small Business/ Self-Employed Decreasing Non-Filers Project Committee will be conducted. The Taxpayer...) that an open meeting of the Taxpayer Advocacy Panel Small Business/ Self-Employed Decreasing Non-Filers...

  17. Case study of open-source enterprise resource planning implementation in a small business

    Science.gov (United States)

    Olson, David L.; Staley, Jesse

    2012-02-01

    Enterprise resource planning (ERP) systems have been recognised as offering great benefit to some organisations, although they are expensive and problematic to implement. The cost and risk make well-developed proprietorial systems unaffordable to small businesses. Open-source software (OSS) has become a viable means of producing ERP system products. The question this paper addresses is the feasibility of OSS ERP systems for small businesses. A case is reported involving two efforts to implement freely distributed ERP software products in a small US make-to-order engineering firm. The case emphasises the potential of freely distributed ERP systems, as well as some of the hurdles involved in their implementation. The paper briefly reviews highlights of OSS ERP systems, with the primary focus on reporting the case experiences for efforts to implement ERPLite software and xTuple software. While both systems worked from a technical perspective, both failed due to economic factors. While these economic conditions led to imperfect results, the case demonstrates the feasibility of OSS ERP for small businesses. Both experiences are evaluated in terms of risk dimension.

  18. Numerical Research on Flow Characteristics around a Hydraulic Turbine Runner at Small Opening of Cylindrical Valve

    Directory of Open Access Journals (Sweden)

    Zhenwei Mo

    2016-01-01

    Full Text Available We use the continuity equation and the Reynolds averaged Navier-Stokes equations to study the flow-pattern characteristics around a turbine runner for the small-opening cylindrical valve of a hydraulic turbine. For closure, we adopt the renormalization-group k-ε two-equation turbulence model and use the computational fluid dynamics (CFD software FLUENT to numerically simulate the three-dimensional unsteady turbulent flow through the entire passage of the hydraulic turbine. The results show that a low-pressure zone develops around the runner blades when the cylindrical valve is closed in a small opening; cavitation occurs at the blades, and a vortex appears at the outlet of the runner. As the cylindrical valve is gradually closed, the flow velocity over the runner area increases, and the pressure gradient becomes more significant as the discharge decreases. In addition, the fluid flow velocity is relatively high between the lower end of the cylindrical valve and the base, so that a high-velocity jet is easily induced. The calculation and analysis provide a theoretical basis for improving the performance of cylindrical-valve operating systems.

  19. Sediment depositions upstream of open check dams: new elements from small scale models

    Science.gov (United States)

    Piton, Guillaume; Le Guern, Jules; Carbonari, Costanza; Recking, Alain

    2015-04-01

    Torrent hazard mitigation remains a big issue in mountainous regions. In steep slope streams and especially in their fan part, torrential floods mainly result from abrupt and massive sediment deposits. To curtail such phenomenon, soil conservation measures as well as torrent control works have been undertaken for decades. Since the 1950s, open check dams complete other structural and non-structural measures in watershed scale mitigation plans1. They are often built to trap sediments near the fan apexes. The development of earthmoving machinery after the WWII facilitated the dredging operations of open check dams. Hundreds of these structures have thus been built for 60 years. Their design evolved with the improving comprehension of torrential hydraulics and sediment transport; however this kind of structure has a general tendency to trap most of the sediments supplied by the headwaters. Secondary effects as channel incision downstream of the traps often followed an open check dam creation. This sediment starvation trend tends to propagate to the main valley rivers and to disrupt past geomorphic equilibriums. Taking it into account and to diminish useless dredging operation, a better selectivity of sediment trapping must be sought in open check dams, i.e. optimal open check dams would trap sediments during dangerous floods and flush them during normal small floods. An accurate description of the hydraulic and deposition processes that occur in sediment traps is needed to optimize existing structures and to design best-adjusted new structures. A literature review2 showed that if design criteria exist for the structure itself, little information is available on the dynamic of the sediment depositions upstream of open check dams, i.e. what are the geomorphic patterns that occur during the deposition?, what are the relevant friction laws and sediment transport formula that better describe massive depositions in sediment traps?, what are the range of Froude and Shields

  20. Small might be beautiful, but bigger performs better: Scale economies in “green” refurbishments of apartment housing

    International Nuclear Information System (INIS)

    Michelsen, Claus; Rosenschon, Sebastian; Schulz, Christian

    2015-01-01

    The energy efficiency of the residential housing stock plays a key role in strategies to mitigate climate change and global warming. In this context, it is frequently argued that private investment and the quality of thermal upgrades are too low in the light of the challenges faced and the potential energy cost savings. While many authors address the potential barriers for investors to increase energy efficiency, studies on the capabilities of different investors to reduce energy requirements of their property are scarce. This study investigates potential advantages of housing company's size, i.e. economies of scale, economies of scope and institutional learning in thermal upgrades of residential housing. Based on unique data on energy consumption in 102,307 apartment buildings in Germany, we present new evidence for the advantages and disadvantages of a housing company's size in “green” retrofitting projects. Our estimations show, that large housing companies outperform private landlords by far in high effort refurbishment projects. In contrast, private landlords appear to have advantages in low effort, incremental refurbishment activities. We demonstrate that a substantial share of the advantages of larger firms can be associated with specialization (i.e. repeated projects). The results offer new options for policy makers to refine the support schemes toward a low carbon housing stock. - Highlights: • First study to analyze the effects of housing companies size on “green” refurbishment • Economies of scale, scope and learning all affect energy efficiency refurbishments. • Specialization on distinct refurbishments influences outcome of thermal upgrades. • Analysis based on a large and unique sample of apartment buildings in Germany

  1. How Do the Richest 1% Owns 50% of Wealth in a Small-Open Growth Model with Endogenous Wealth and Human Capital

    Directory of Open Access Journals (Sweden)

    Wei-Bin Zhang

    2017-01-01

    Full Text Available This paper extends the growth model for a closed national economy by Zhang (2015 to a small-open economy. We attempt to explain some economic mechanisms of how the richest one per cent of the population own 50% of national wealth. We consider endogenous wealth and human capital accumulation by heterogeneous households with different preferences and learning abilities as the main determinants of growth and inequality. We describe the production technologies and economic structure on the basis of the Uzawa two-sector model. By applying Zhang’s concept of disposable income and approach to household behavior, we describe consumers’ wealth accumulation and consumption behavior. We model human capital accumulation on the basis of Arrow’s learning by doing and Zhang’s creativity with leisure. We simulate the model with three groups of the population, the rich 1 %, the middle 69%, and the poor 20%. We demonstrate the existence of an equilibrium point at which the rich 1% own more than half of the national wealth and the poor 20% less than 10% of the national wealth. We show how the system moves to the equilibrium from an initial state and confirm that the equilibrium point is stable. We also conduct comparative dynamic analysis.

  2. The implications of structural asymmetries for monetary policy and welfare in a small open economy: a linear quadratic framework

    Czech Academy of Sciences Publication Activity Database

    Rychalovska, Yuliya

    -, č. 380 (2008), s. 1-56 ISSN 1211-3298 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : DSGE models * non-traded goods * optimal monetary policy Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp380.pdf

  3. Towards higher transparency and efficiency in energy taxation. Energy taxation and environmental policy in a small open economy

    International Nuclear Information System (INIS)

    Normann, Goeran

    2002-01-01

    The accrual of energy taxation has led to a complex structure of taxes and charges that are characterized by instability and low efficiency. Other reasons for analyzing the system is the pressure from our contractual responsibilities within the European Union and the raised ambitions in the environmental policy. The report leads to the conclusion that it would be motivated to separate fiscal energy taxation from measures to internalize environmental costs that the market does not register. This separation would make it possible to create a more transparent and rational energy taxation. The fiscal energy taxation ought to be a broad, value-based tax, equal for all energy sources. Value-based means, besides the energy content in kWh, also properties such as conversion and distribution costs. Two alternatives are suggested for the fiscal energy taxation: A separate consumption tax on energy. Such a tax would amount to 48% to produce the same income as the fiscal elements of today's energy taxes. Another alternative would be to include the fiscal energy tax in the value added tax. This would raise the standard VAT level to 30%, if the lower VAT levels are kept unchanged. With this model, consumption of energy would be treated as any other consumption. The environmental policy measures against greenhouse gases should be delt with through a system with international trade with emission quotas for such gases. Measures against other external effects from energy use are not suggested in this report, except for the opinion that economic incentives are preferable to regulations. The initial allocation of quotas ought to be done through an auction, since this method would give lower national costs than the alternatives. The system should cover all greenhouse gases and (almost) all sources which indicates that an upstream solution would be best with low administrative costs. A safety vent should be considered, so that extreme costs for CO 2 -emissions are avoided, if e.g. the economic growth is higher than expected

  4. 2007 Winter meeting - opening Address: nuclear power in a relationship of tension between politics, society, and the economy

    International Nuclear Information System (INIS)

    Hohlefelder, Walter

    2007-01-01

    Even more so than last year, energy policy is at the very top of the political agenda. The European Commission presented its strategy paper on 'One Energy Policy for Europe', and another energy summit will be held in Germany to pave the way for an energy concept. As far as nuclear power is concerned, the EU Commission clearly and soberly emphasized today's contribution of nuclear power in the EU and, above all, the chances of further expanding the use of nuclear power in the interest of CO 2 avoidance, security of supply, and competitiveness. This makes a reassessment of nuclear power also a matter of national interest. The repository problem can be solved in Germany, provided there is the political will to do so. The sequence of steps leading to a solution is outlined precisely in the so-called Understanding on Nuclear Power of 2001. According to a ruling by the Lueneburg higher administrative court, Konrad, the repository for low-level radioactive waste, can now be expanded and commissioned. There are no objections to the further exploration of the Gorleben salt dome as a repository for high-level radioactive waste. In the course of the energy summit, an open, unbiased discussion about the reassessment of nuclear power must be started. No facts must be created prematurely, such as shutdowns of nuclear power plants. Applications for transfers of electricity quotas for older nuclear power plants are legitimate and correct. The German Atomic Energy Act contains express provisions for this possibility. There is no way past a basic reassessment of nuclear power. It has to be conducted now. (orig.)

  5. "I've Never Heard of It Before": Awareness of Open Access at a Small Liberal Arts University

    Science.gov (United States)

    Kocken, Gregory J.; Wical, Stephanie H.

    2013-01-01

    Small colleges and universities, often late adopters of institutional repositories and open access initiatives, face challenges that have not fully been explored in the professional literature. In an effort to gauge the level of awareness of open access and institutional repositories at the University of Wisconsin-Eau Claire (UWEC), the authors of…

  6. Open-source, small-animal magnetic resonance-guided focused ultrasound system.

    Science.gov (United States)

    Poorman, Megan E; Chaplin, Vandiver L; Wilkens, Ken; Dockery, Mary D; Giorgio, Todd D; Grissom, William A; Caskey, Charles F

    2016-01-01

    MR-guided focused ultrasound or high-intensity focused ultrasound (MRgFUS/MRgHIFU) is a non-invasive therapeutic modality with many potential applications in areas such as cancer therapy, drug delivery, and blood-brain barrier opening. However, the large financial costs involved in developing preclinical MRgFUS systems represent a barrier to research groups interested in developing new techniques and applications. We aim to mitigate these challenges by detailing a validated, open-source preclinical MRgFUS system capable of delivering thermal and mechanical FUS in a quantifiable and repeatable manner under real-time MRI guidance. A hardware and software package was developed that includes closed-loop feedback controlled thermometry code and CAD drawings for a therapy table designed for a preclinical MRI scanner. For thermal treatments, the modular software uses a proportional integral derivative controller to maintain a precise focal temperature rise in the target given input from MR phase images obtained concurrently. The software computes the required voltage output and transmits it to a FUS transducer that is embedded in the delivery table within the magnet bore. The delivery table holds the FUS transducer, a small animal and its monitoring equipment, and a transmit/receive RF coil. The transducer is coupled to the animal via a water bath and is translatable in two dimensions from outside the magnet. The transducer is driven by a waveform generator and amplifier controlled by real-time software in Matlab. MR acoustic radiation force imaging is also implemented to confirm the position of the focus for mechanical and thermal treatments. The system was validated in tissue-mimicking phantoms and in vivo during murine tumor hyperthermia treatments. Sonications were successfully controlled over a range of temperatures and thermal doses for up to 20 min with minimal temperature overshoot. MR thermometry was validated with an optical temperature probe, and focus

  7. Functional genomics of genes with small open reading frames (sORFs) in S. cerevisiae

    Science.gov (United States)

    Kastenmayer, James P.; Ni, Li; Chu, Angela; Kitchen, Lauren E.; Au, Wei-Chun; Yang, Hui; Carter, Carole D.; Wheeler, David; Davis, Ronald W.; Boeke, Jef D.; Snyder, Michael A.; Basrai, Munira A.

    2006-01-01

    Genes with small open reading frames (sORFs; molecular barcode,” bringing the total number of sORF deletion strains to 247. Phenotypic analyses of the new gene-deletion strains identified 22 sORFs required for haploid growth, growth at high temperature, growth in the presence of a nonfermentable carbon source, or growth in the presence of DNA damage and replication-arrest agents. We provide a collection of sORF deletion strains that can be integrated into the existing deletion collection as a resource for the yeast community for elucidating gene function. Moreover, our analyses of the S. cerevisiae sORFs establish that sORFs are conserved across eukaryotes and have important biological functions. PMID:16510898

  8. Improved Identification and Analysis of Small Open Reading Frame Encoded Polypeptides.

    Science.gov (United States)

    Ma, Jiao; Diedrich, Jolene K; Jungreis, Irwin; Donaldson, Cynthia; Vaughan, Joan; Kellis, Manolis; Yates, John R; Saghatelian, Alan

    2016-04-05

    Computational, genomic, and proteomic approaches have been used to discover nonannotated protein-coding small open reading frames (smORFs). Some novel smORFs have crucial biological roles in cells and organisms, which motivates the search for additional smORFs. Proteomic smORF discovery methods are advantageous because they detect smORF-encoded polypeptides (SEPs) to validate smORF translation and SEP stability. Because SEPs are shorter and less abundant than average proteins, SEP detection using proteomics faces unique challenges. Here, we optimize several steps in the SEP discovery workflow to improve SEP isolation and identification. These changes have led to the detection of several new human SEPs (novel human genes), improved confidence in the SEP assignments, and enabled quantification of SEPs under different cellular conditions. These improvements will allow faster detection and characterization of new SEPs and smORFs.

  9. 75 FR 55405 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-09-10

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS) Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed... Business/Self Employed Project Committee will be held Thursday, October 28, 2010, at 9 a.m. Pacific Time...

  10. 75 FR 11999 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-03-12

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and...

  11. 75 FR 39331 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-07-08

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and...

  12. 75 FR 18957 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-04-13

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and...

  13. 75 FR 47348 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-08-05

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed... Business/Self Employed Project Committee will be held Thursday, September 23, 2010, at 9 a.m. Pacific Time...

  14. 75 FR 4140 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-01-26

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS) Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed... Business/Self Employed Project Committee will be held Thursday, February 25, 2010, at 9 a.m. Pacific Time...

  15. 75 FR 33893 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-06-15

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS) Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and...

  16. 75 FR 7539 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Project Committee

    Science.gov (United States)

    2010-02-19

    ... Small Business/Self Employed Project Committee AGENCY: Internal Revenue Service (IRS) Treasury. ACTION: Notice of meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Small Business/ Self Employed Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and...

  17. Sovereign risk and macroeconomic fluctuations in an emerging market economy

    NARCIS (Netherlands)

    Kirchner, M.; Rieth, M.

    2010-01-01

    This paper assesses the role of sovereign risk in explaining macroeconomic fluctuations in Turkey. We estimate two versions of a simple New Keynesian small open economy model on quarterly data for the period 1994Q3-2008Q2: a basic version and a version augmented by a default premium on government

  18. Tools for Inspecting and Sampling Waste in Underground Radioactive Storage Tanks with Small Access Riser Openings

    International Nuclear Information System (INIS)

    Nance, T.A.

    1998-01-01

    Underground storage tanks with 2 inches to 3 inches diameter access ports at the Department of Energy's Savannah River Site have been used to store radioactive solvents and sludge. In order to close these tanks, the contents of the tanks need to first be quantified in terms of volume and chemical and radioactive characteristics. To provide information on the volume of waste contained within the tanks, a small remote inspection system was needed. This inspection system was designed to provide lighting and provide pan and tilt capabilities in an inexpensive package with zoom abilities and color video. This system also needed to be utilized inside of a plastic tent built over the access port to contain any contamination exiting from the port. This system had to be build to travel into the small port opening, through the riser pipe, into the tank evacuated space, and out of the riser pipe and access port with no possibility of being caught and blocking the access riser. Long thin plates were found in many access riser pipes that blocked the inspection system from penetrating into the tank interiors. Retrieval tools to clear the plates from the tanks using developed sampling devices while providing safe containment for the samples. This paper will discuss the inspection systems, tools for clearing access pipes, and solvent sampling tools developed to evaluate the tank contents of the underground solvent storage tanks

  19. A perspective on open innovation in small- and medium-sized enterprises in South Africa, and design requirements for an open innovation approach

    Directory of Open Access Journals (Sweden)

    Krause, Willie

    2015-05-01

    Full Text Available This paper provides key results from an exploratory research study aimed at understanding the current landscape in small- and medium-sized enterprises (SMEs in South Africa with regard to their appetite for, and use of, open innovation. The survey, which was conducted within a contained group of SMEs that belong to business network groups on LinkedIn, explored the current use and perception of open innovation. It was found that collaboration is the approach most preferred by the SMEs surveyed, with customers and suppliers as their preferred innovation partners. Based on the findings of the survey, this paper proposes 25 design requirements, grouped into five functional categories, for an open innovation approach. The design requirements have been developed as a primer to a more complete open innovation approach for SMEs.

  20. Collaborative Economy

    DEFF Research Database (Denmark)

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

  1. Collaborative Economy

    DEFF Research Database (Denmark)

    collaborative economy and tourism Dianne Dredge and Szilvia Gyimóthy PART I - Theoretical explorations 2.Definitions and mapping the landscape in the collaborative economy Szilvia Gyimóthy and Dianne Dredge 3.Business models of the collaborative economy Szilvia Gyimóthy 4.Responsibility and care...... in the collaborative economy Dianne Dredge 5.Networked cultures in the collaborative economy Szilvia Gyimóthy 6.Policy and regulatory perspectives in the collaborative economy Dianne Dredge PART II - Disruptions, innovations and transformations 7.Regulating innovation in the collaborative economy: An examination...... of Airbnb’s early legal issues Daniel Guttentag 8.Free walking tour enterprises in Europe: An evolutionary economic approach Maria del Pilar Leal and L. Xavier Medina, 9.Cultural capitalism: Manipulation and control in Airbnb’s intersection with tourism Michael O' Reganand Jaeyeon Choe 10.Sharing the new...

  2. Immigration-dependent extensive growth in small island tourism economies : The cases of Aruba and Sint Maarten

    NARCIS (Netherlands)

    Alberts, A.

    Aruba and Sint Maarten are two countries within the Kingdom of the Netherlands, situated in the Caribbean. Both have embarked on a dedicated tourism-driven and highly immigration-dependent development model starting in the 1970s and 1980s, making them typical examples of ‘Small Island Tourist

  3. Cash flow vs. collateral-based credit: performance of micro, small and medium-sized firms in transition economies

    Czech Academy of Sciences Publication Activity Database

    Cassano, F.; Joeveer, K.; Švejnar, Jan

    2013-01-01

    Roč. 21, č. 2 (2013), s. 269-300 ISSN 0967-0750 Institutional support: RVO:67985998 Keywords : micro, small and medium-sized enterprises * bank credit * firm performance Subject RIV: AH - Economics Impact factor: 0.755, year: 2013

  4. Cash flow vs. collateral-based credit: performance of micro, small and medium-sized firms in transition economies

    Czech Academy of Sciences Publication Activity Database

    Cassano, F.; Joeveer, K.; Švejnar, Jan

    2013-01-01

    Roč. 21, č. 2 (2013), s. 269-300 ISSN 0967-0750 R&D Projects: GA ČR GAP402/10/2130 Institutional support: PRVOUK-P23 Keywords : micro, small and medium-sized enterprises * bank credit * firm performance Subject RIV: AH - Economics Impact factor: 0.755, year: 2013

  5. The Education Challenges Facing Small Nation States in the Increasingly Competitive Global Economy of the Twenty-First Century

    Science.gov (United States)

    Bacchus, Mohammed Kazim

    2008-01-01

    Publication of this piece is intended as a tribute to the late Professor M. Kazim Bacchus who passed away in March 2007. The paper provides a general discussion concerning the social and educational challenges faced by small nation states in an age characterised by globalisation. The analysis first identifies some of the basic features of small…

  6. Cyberscience and the Knowledge-Based Economy. Open Access and Trade Publishing: From Contradiction to Compatibility with Non-Exclusive Copyright Licensing

    Science.gov (United States)

    Armbruster, Chris

    2008-01-01

    Open source, open content and open access are set to fundamentally alter the conditions of knowledge production and distribution. Open source, open content and open access are also the most tangible result of the shift towards e-science and digital networking. Yet, widespread misperceptions exist about the impact of this shift on knowledge…

  7. Design and deployment strategies for small and medium sized reactors (SMRs) to overcome loss of economies of scale and incorporate increased proliferation resistance

    International Nuclear Information System (INIS)

    Kuznetsov, V.

    2007-01-01

    The designers of innovative small and medium sized reactors pursue new design and deployment strategies making use of certain advantages provided by smaller reactor size and capacity to achieve reduced design complexity and simplified operation and maintenance requirements, and to provide for incremental capacity increase through multi-module plant clustering. Competitiveness of SMRs (Small and Medium size Reactor) depends on the incorporated strategies to overcome loss of economies of scale but equally it depends on finding appropriate market niches for such reactors. For many less developed countries, these are the features of enhanced proliferation resistance and increased robustness of barriers for sabotage protection that may ensure the progress of nuclear power. For such countries, small reactors without on-site refuelling, designed for infrequent replacement of well-contained fuel cassette(s) in a manner that impedes clandestine diversion of nuclear fuel material, may provide a solution. Based on the outputs of recent IAEA activities for innovative SMRs, the paper provides a summary of the state-of-the-art in approaches to improve SMR competitiveness and incorporate enhanced proliferation resistance and energy security. (author)

  8. The Dutch Economy 2009

    International Nuclear Information System (INIS)

    2010-09-01

    In the series 'The Dutch Economy' the Dutch Statistical Office describes and analyzes annual developments in enterprises, households and governments, and with respect to employment and the environment. One of the subjects is 'Economy and Environment' with the sub-topics 'Resources and Energy', 'Emissions' and 'Environmental Taxes'. Furthermore, in articles on specific themes current economic issues are discussed. One of those themes has the title 'Share of renewable energy in the Netherlands is still small'. [nl

  9. Knowledge Economy

    OpenAIRE

    Kerr, Aphra; O Riain, Sean

    2009-01-01

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

  10. Innovation incubators – entities of support of small and medium-sized enterprises’ competitiveness in the Modern economy

    Directory of Open Access Journals (Sweden)

    Maier Lidia

    2013-02-01

    Full Text Available Innovation incubators are entities of the infrastructure network of support of small and medium-sized enterprises. At the stage of SMEs’ maximum vulnerability, they improve the survival of innovative businesses through the range of services and facilities provided. They are designed to mitigate the problems faced by SMEs, which develop and implement innovations, ensuring sustainability and competitiveness. Along with promoting the entrepreneurial spirit, innovation incubators play an essential role in promoting knowledge and innovation transfer, introduction of the research results into economic circuit, creating links between businesses, universities, research institutions, etc., links between people, talents and resources.In this article, we will focus on innovation incubators, their role in the development of SMEs in the world and in the Republic of Moldova, making an accent in the creation and development of the country's first Innovation Incubator „Inovatorul”.

  11. 76 FR 2196 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Toll...

    Science.gov (United States)

    2011-01-12

    ... Small Business/Self Employed Correspondence Exam Toll Free AGENCY: Internal Revenue Service (IRS.../ Self Employed Correspondence Exam Toll Free will be conducted. The Taxpayer Advocacy Panel is... pursuant to Section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988) that an open...

  12. The emerging threats of climate change on tropical coastal ecosystem services, public health, local economies and livelihood sustainability of small islands: Cumulative impacts and synergies.

    Science.gov (United States)

    Hernández-Delgado, E A

    2015-12-15

    Climate change has significantly impacted tropical ecosystems critical for sustaining local economies and community livelihoods at global scales. Coastal ecosystems have largely declined, threatening the principal source of protein, building materials, tourism-based revenue, and the first line of defense against storm swells and sea level rise (SLR) for small tropical islands. Climate change has also impacted public health (i.e., altered distribution and increased prevalence of allergies, water-borne, and vector-borne diseases). Rapid human population growth has exacerbated pressure over coupled social-ecological systems, with concomitant non-sustainable impacts on natural resources, water availability, food security and sovereignty, public health, and quality of life, which should increase vulnerability and erode adaptation and mitigation capacity. This paper examines cumulative and synergistic impacts of climate change in the challenging context of highly vulnerable small tropical islands. Multiple adaptive strategies of coupled social-ecological ecosystems are discussed. Multi-level, multi-sectorial responses are necessary for adaptation to be successful. Copyright © 2015 Elsevier Ltd. All rights reserved.

  13. Options for small and medium sized reactors (SMRs) to overcome loss of economies of scale and incorporate increased proliferation resistance and energy security

    International Nuclear Information System (INIS)

    Kuznetsov, Vladimir

    2008-01-01

    The designers of innovative small and medium sized reactors pursue new design and deployment strategies making use of certain advantages provided by smaller reactor size and capacity to achieve reduced design complexity and simplified operation and maintenance requirements, and to provide for incremental capacity increase through multi-module plant clustering. Competitiveness of SMRs depends on the incorporated strategies to overcome loss of economies of scale but equally it depends on finding appropriate market niches for such reactors. For many less developed countries, these are the features of enhanced proliferation resistance and increased robustness of barriers for sabotage protection that may ensure the progress of nuclear power. For such countries, small reactors without on-site refuelling, designed for infrequent replacement of well-contained fuel cassette(s) in a manner that impedes clandestine diversion of nuclear fuel material, may provide a solution. Based on the outputs of recent IAEA activities for innovative SMRs, the paper provides a summary of the state-of-the-art in approaches to improve SMR competitiveness and incorporate enhanced proliferation resistance and energy security. (author)

  14. The Transmission of Foreign Shocks to South Eastern European Economies

    DEFF Research Database (Denmark)

    Petrevski, Goran; Bogoev, Jane; Tevdovski, Dragan

    2014-01-01

    and non-policy shocks (the output gap, the money market rate and the inflation rate in the euro-zone) on monetary and fiscal policies and economic activity in the analysed countries. The main motivation behind our empirical investigation is the fact that all of these economies are small open economies...... with rigid exchange rate regimes, with different degree of integration within the EU. As for the methodological issues, we employ recursive Vector Auto regressions to identify the exogenous shocks in the euro-area. Generally, the estimated results imply that euro-zone economic activity has significant...... and relatively strong influence on SEE economies and these external shocks are transmitted relativity quickly. Moreover, the results also suggest that the effects of exogenous shocks are more persistent if the domestic economy is more integrated with the EU. An additional finding is that shocks in the foreign...

  15. Organisational culture as a part in the development of open innovation - the perspective of small and medium-sized enterprises

    Directory of Open Access Journals (Sweden)

    Szymańska Katarzyna

    2016-05-01

    Full Text Available The ability to introduce various concepts and business models is nowadays a prerequisite of creating a competitive advantage. This is to a large extent closely linked to the ability of enterprises to create, implement and disseminate a variety of innovative solutions. Today the use of open innovation is a necessity. This applies not only to large organisations, but also to small and medium-sized enterprises. In order to implement open innovation, small and medium-sized enterprises need to effectively manage their own growth through the preparation of appropriate strategies and the development of a model that encompasses all changes, taking into account a number of factors related to the growth dynamics of this sector. It is understood that an appropriate organisational culture plays an important role in the implementation of innovation in the sector of small and medium-sized enterprises. There are many indications that a cultural mismatch and misunderstanding are the main reasons for major problems related to the low level of implementation of innovation by small and medium-sized enterprises. The aim of the paper is to outline the issue of the impact of organisational culture on the development of the concept of open innovation in the sector of small and medium-sized enterprises.

  16. The effectiveness of small scale Photovoltaic (PV) systems design and cost analysis simulation on Saudi Arabian Economy

    Science.gov (United States)

    Almansour, Faris Abdullah

    -Tariff PV system using HOMER. The result of the simulation has been discussed, analyzed, and plotted. We also give evidence in the thesis how useful the small PV systems can be as oppose to the larger scale system that must deal with location issues.

  17. Moneyless Economy

    OpenAIRE

    Das, Subhendu

    2012-01-01

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

  18. Delving into the carbon footprints of Singapore-comparing direct and indirect greenhouse gas emissions of a small and open economic system

    Energy Technology Data Exchange (ETDEWEB)

    Schulz, Niels B., E-mail: Schulz@iiasa.ac.a [International Institute for Applied Systems Analysis (IIASA), Program: Transition to New Technologies, Global Energy Assessment, Schlossplatz 1, 133 General purpose bldg. A-2361 Laxenburg (Austria); Imperial College London, Energy Futures Lab, 7B Bessemer Building, South Kensington Campus, SW7 2AZ (United Kingdom)

    2010-09-15

    Small and open economic systems like cities face specific challenges for greenhouse gas accounting. They typically import most of their energy requirements as secondary energy products based on conversion processes which caused emissions elsewhere. Emission estimates therefore already require attention not only to direct on-site activities. Moreover, for a comprehensive approach it is suggested to include upstream and downstream processes of connected socioeconomic systems and the indirect life-cycle related emissions of imported and exported goods. Singapore is used in this longitudinal study as an example of an urban scale economy. Accounts for direct emissions are compared with trade corrected estimates of indirect emissions. Results indicate that direct emissions account for only about 20% of the overall upstream emissions necessary to sustain the input side of the economic production process (domestic emissions plus indirect emissions embodied in imported goods). If indirect emissions embodied in exports are considered and subtracted from the previous figure, the trade corrected accounts for direct and indirect emissions still exceed direct emission accounts, although by less than 40%. Given the increasing trends in world trade and urbanisation, indirect pressures of urban systems should be included in discussions of effective and fair adaptation and mitigation strategies.

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

    Directory of Open Access Journals (Sweden)

    Tvrz Stanislav

    2016-12-01

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

  20. SOCIAL ECONOMY EFFICIENCY

    Directory of Open Access Journals (Sweden)

    Florina Oana Virlanuta

    2015-05-01

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

  1. Iran's Economy

    National Research Council Canada - National Science Library

    Ilias, Shayerah

    2008-01-01

    .... To the extent that U.S. sanctions and other efforts to change Iranian state policy target aspects of Iran ssssssss economy as a means of influence, it is important to evaluate Iran's economic structure, strengths, and vulnerabilities...

  2. Iran's Economy

    National Research Council Canada - National Science Library

    Ilias, Shayerah

    2008-01-01

    .... To the extent that U.S. sanctions and other efforts to change Iranian state policy target aspects of Iran's economy as a means of influence, it is important to evaluate Iran's economic structure, strengths, and vulnerabilities...

  3. Mobile economy

    OpenAIRE

    Pousttchi, Key

    2004-01-01

    Mobile economy : Transaktionen, Prozesse, Anwendungen und Dienste ; 4. Workshop Mobile Commerce, 02.-03. Februar 2004, Univ. Augsburg / K. Turowski ... (Hrsg.). - Bonn : Ges. für Informatik, 2004. - 189 S. : Ill., graph. Darst. - (GI-Edition : Proceedings ; 42)

  4. A rational expectations model for simulation and policy evaluation of the Spanish economy

    OpenAIRE

    Boscá, J. E.; Díaz, A.; Doménech, R.; Ferri, J.; Pérez, E.

    2010-01-01

    This paper presents the model used for simulation purposes within the Spanish Ministry of Economic Affairs and Finance. REMS (a Rational Expectations Model for the Spanish economy) is a small open economy dynamic general equilibrium model in the vein of the New-Neoclassical-Keynesian synthesis models, with a strongly micro-founded system of equations. In the long run REMS behaves in accordance with the neoclassical growth model. In the short run, it incorporates nominal, real and financial fr...

  5. The effect of fossil energy and other environmental taxes on profit incentives for change in an open economy: Evidence from the UK

    International Nuclear Information System (INIS)

    Webster, Allan; Ayatakshi, Sukanya

    2013-01-01

    This paper argues that the underlying supply and demand analysis of fossil energy and other environmental taxes needs further elaboration when a country (a) introduces national fossil energy or environmental taxes and (b) is open to international trade at given world prices. We provide evidence that such conditions are plausible for many sectors in the UK. A key implication is that the short run effects of such taxes should not be felt in final good prices, since these are determined in world markets, but in terms of underlying profitability. These changes in underlying profits provide two key incentives for producers—to change to more environmentally friendly production techniques and to switch resources to production of less environmentally harmful goods. Using input—output techniques we provide evidence for the UK to show how existing fossil energy and other “green” taxes have affected underlying profitability. The evidence shows quite strong profit incentives to shift resources from a small number of energy intensive industries to others. - Highlights: • Energy taxes affect profits more than prices for sectors trading at world prices. • This study suggests that many sectors in the UK satisfy these conditions. • Our evidence suggests that few sectors are strongly affected by energy taxes. • Energy taxes have a strong effect relative to other possible environmental taxes

  6. Open Forum: Improving the quality of small RCT's nested in routine ...

    African Journals Online (AJOL)

    Conducting small randomised controlled trials (RCTs) 'nested' in routine clinical practice is ideal for family practitioners, non-academics and young researchers, who often are required to complete a 'small-scale' research project for their master's (MMed) theses. These trials have the potential to produce good outcomes that ...

  7. Impact of Top Management Team on Firm Performance in Small and Medium-Sized Enterprises Adopting Commercial Open-Source Enterprise Resource Planning

    Science.gov (United States)

    Cereola, Sandra J.; Wier, Benson; Norman, Carolyn Strand

    2012-01-01

    Based on the large number of small and medium-sized enterprises (SMEs) in the United States, their increasing interest in enterprise-wide software systems and their impact on the US economy, it is important to understand the determinants that can facilitate the successful implementation and assimilation of such technology into these firms' daily…

  8. Use of a small, intermittently-open estuary by waterbirds: a case ...

    African Journals Online (AJOL)

    Most birds probably overnighted elsewhere. Pursuit-swimming piscivore numbers increased and wading and aerial-diving piscivores decreased with rising water levels. This study showed that intermittently-open estuaries are primarily utilised by resident piscivorous birds and are an important habitat, not only for feeding, ...

  9. A multidisciplinary study of a small, temporarily open/closed South ...

    African Journals Online (AJOL)

    However, this resetting of the estuary is necessary because certain marine invertebrate and fish species are dependent on the opening of the estuary mouth in order to facilitate recruitment of larvae and post-larvae into the system from the sea. Slight increases in the numbers of certain piscivorous and resident wading bird ...

  10. Options open to a small country, like Slovenia, in relation to radioactive waste disposal

    International Nuclear Information System (INIS)

    Kontic, B.

    1996-01-01

    When a society of two million people, who live on scarcely 20500 km 2 , needs to plan, and afterwards to implement, a strategy for radioactive waste management, the first step in the process is to look round and ask its bigger, stronger and more experienced neighbours (neighbouring countries), how they performed that task. Unfortunately, it is usually found that only few of the numerous answers to these questions and sub-questions are suitable for questioner. So what is to be done when the society is a Mediterranean, Central European, relatively highly populated country, where the Gross Domestic Product (GDP) per capita in 1994 exceeded 7000 US dollars, where the territory is mainly intended for residence, tourism and agricultural purposes, and where there is only one nuclear power plant (NPP) and one uranium mill which are responsible for the greatest part of the highly undesired radioactive waste ? The producers of radioactive wastes, and the economy of the country as a whole, cannot afford the costs of seeking a unique way of disposing of those wastes, but nevertheless, answers to the two primary questions concerning radioactive waste management should be given in any case. First: What should be done with the radioactive wastes produced in one NPP (PWR, 632 MWe) during 35 years of operation (up to 8000 m 3 of low - and intermediate - level waste, about 600 tons of spent fuel), and a uranium mill closed after only six years of ore-processing operation (670000 tons of ore-processing wastes)? Second: Where should it be done? Both questions pose the problem of siting, environmental assessment and the appropriateness of (all kinds of) criteria. In this paper the situation in Slovenia is presented with emphasis on the possibility and feasibility of radioactive waste disposal. Methodology and criteria for site evaluation and site selection for low- and intermediate- level radioactive waste (LILW) disposal is described. Fifty-five criteria are included in a decision

  11. Hydrogen economy

    Energy Technology Data Exchange (ETDEWEB)

    Pahwa, P.K.; Pahwa, Gulshan Kumar

    2013-10-01

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

  12. Public Economy versus Planned Economy. Current Approaches and Problems

    Directory of Open Access Journals (Sweden)

    Ani Matei

    2006-03-01

    Full Text Available he present paper proposes a review of the current object and problems facing the public economy. For the past decade and a half, public economy has clearly come back in the attention of the research interests of specialists from the Central and Eastern European countries. Among these, the scientific research encompassed by the public economy area interrelates with the international trends. At a closer look, public economy appears to be a science, particularly interdisciplinary, with sociological, political, econometrical or systemic approaches possible to prevail. To continue, the author makes reference to four pillars of the public economy: optimum, welfare, social choice and economic justice that allow different approaches to develop. A science branch, equally theoretical and practical, public economy will stress its connections with the economic and mathematic modeling, systemic analysis or sociological and political research. Still, seve¬ral problems in public economy remain open. These concentrate on the public interest, intervention and decision. Conceptualization, understanding and description of the mechanisms that allow the operationalisation may form the basis for further developments on both theoretical and practical level. A clear distinction in order to justify the title of this article needs to be made. Public economy is not to be confused with planning economy. The state remains but one of the producers and delivery agents of public goods and services.

  13. Public Economy versus Planned Economy. Current Approaches and Problems

    Directory of Open Access Journals (Sweden)

    Ani Matei

    2006-01-01

    Full Text Available The present paper proposes a review of the current object and problems facing the public economy. For the past decade and a half, public economy has clearly come back in the attention of the research interests of specialists from the Central and Eastern European countries. Among these, the scientific research encompassed by the public economy area interrelates with the international trends. At a closer look, public economy appears to be a science, particularly interdisciplinary, with sociological, political, econometrical or systemic approaches possible to prevail. To continue, the author makes reference to four pillars of the public economy: optimum, welfare, social choice and economic justice that allow different approaches to develop. A science branch, equally theoretical and practical, public economy will stress its connections with the economic and mathematic modeling, systemic analysis or sociological and political research. Still, seve¬ral problems in public economy remain open. These concentrate on the public interest, intervention and decision. Conceptualization, understanding and description of the mechanisms that allow the operationalisation may form the basis for further developments on both theoretical and practical level. A clear distinction in order to justify the title of this article needs to be made. Public economy is not to be confused with planning economy. The state remains but one of the producers and delivery agents of public goods and services.

  14. Report of the Economy, Sustainable Development and Land Planning Commission aiming at authorizing electricity final user and small companies to go back to the electricity regulated price

    International Nuclear Information System (INIS)

    2010-01-01

    This report first presents the French regulated price system by recalling the legal bases for electricity and natural gas pricing, and by describing the progressive process of the electricity and natural gas market opening in France. It outlines that a reversibility principle has been introduced along with regulated pricing in most of the European Union countries. It also comments the complexity created on this issue by successive laws in France, the consequences of the soon coming law on the new organization of the electricity market. Then, the report comments the proposition which aims at authorizing electricity household users and small companies to go back to the regulated electricity price, thereby perpetuating the reversibility principle, while maintaining a criterion of installed electricity power, including natural gas prices and new consumption sites. A table proposes a comparison between existing texts, the present law project and this Commission proposition

  15. Sharing Economy

    DEFF Research Database (Denmark)

    Marton, Attila; Constantiou, Ioanna; Thoma, Antonela

    De spite the hype the notion of the sharing economy is surrounded by, our understanding of sharing is surprisingly undertheorized. In this paper, we make a first step towards rem edying this state of affairs by analy sing sharing as a s ocial practice. Based on a multi ple - case study, we analys...

  16. Human economy and natural economy

    Directory of Open Access Journals (Sweden)

    Masullo Andrea

    2014-03-01

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

  17. MetaLIMS, a simple open-source laboratory information management system for small metagenomic labs.

    Science.gov (United States)

    Heinle, Cassie Elizabeth; Gaultier, Nicolas Paul Eugène; Miller, Dana; Purbojati, Rikky Wenang; Lauro, Federico M

    2017-06-01

    As the cost of sequencing continues to fall, smaller groups increasingly initiate and manage larger sequencing projects and take on the complexity of data storage for high volumes of samples. This has created a need for low-cost laboratory information management systems (LIMS) that contain flexible fields to accommodate the unique nature of individual labs. Many labs do not have a dedicated information technology position, so LIMS must also be easy to setup and maintain with minimal technical proficiency. MetaLIMS is a free and open-source web-based application available via GitHub. The focus of MetaLIMS is to store sample metadata prior to sequencing and analysis pipelines. Initially designed for environmental metagenomics labs, in addition to storing generic sample collection information and DNA/RNA processing information, the user can also add fields specific to the user's lab. MetaLIMS can also produce a basic sequencing submission form compatible with the proprietary Clarity LIMS system used by some sequencing facilities. To help ease the technical burden associated with web deployment, MetaLIMS options the use of commercial web hosting combined with MetaLIMS bash scripts for ease of setup. MetaLIMS overcomes key challenges common in LIMS by giving labs access to a low-cost and open-source tool that also has the flexibility to meet individual lab needs and an option for easy deployment. By making the web application open source and hosting it on GitHub, we hope to encourage the community to build upon MetaLIMS, making it more robust and tailored to the needs of more researchers. © The Authors 2017. Published by Oxford University Press.

  18. A survey of small RNA population during FR-induced apical hook opening

    Directory of Open Access Journals (Sweden)

    Ying eLi

    2014-04-01

    Full Text Available Photomorphogenesis is a mechanism employed by plants to regulate their architecture and developmental program in response to light conditions. As they emerge into light for the first time, dark-grown seedlings employ a rapid and finely-controlled photomorphogenic signaling network. Small RNAs have increasingly been revealed to play an important role in regulating multiple aspects of plant development, by modulating the stability of mRNAs. The rapid alteration of the mRNA transcriptome is a known hallmark of the de-etiolation response, thus we investigated the small RNA transcriptome during this process in specific seedling tissues. Here we describe a survey of the small RNA expression profile in four tissues of etiolated soybean seedlings, the cotyledons, hypocotyl and the convex and concave sides of the apical hook. We also investigate how this profile responds to a one-hour far-red light treatment. Our data suggests that miRNAs show a different global profile between these tissues and treatments, suggesting a possible role for tissue- and treatment-specific expression in the differential morphology of the seedling on de-etiolation. Further evidence for the role of miRNA in light-regulated development is given by the de-etiolation responses of a hypomorphic ago1 mutant, which displays reduced and delayed photomorphogenic responses in apical hook and cotyledon angle to far-red light.

  19. SmartFactory: The challenges of open and low cost ICT in the small manufacturing industry

    CSIR Research Space (South Africa)

    Bosscha, PA

    2006-07-01

    Full Text Available and Compiere ERP+CRM that it hosts. An embedded PC is thus not suitable as central server, which is why a commodity PC was selected as hardware platform for the central server. We acknowledge that the central server is a single point of failure... planning (ERP) and customer relation- ship management (CRM) levels, are employed with varying degrees of success in complex plants and large corporations. The high costs associated with such systems, however, put them beyond the reach of small...

  20. Laparoscopic Versus Open Bowel Resection in Emergency Small Bowel Obstruction: Analysis of the National Surgical Quality Improvement Program Database.

    Science.gov (United States)

    Sharma, Rohit; Reddy, Subhash; Thoman, David; Grotts, Jonathan; Ferrigno, Lisa

    2015-08-01

    Small bowel obstruction (SBO) is commonly encountered by surgeons and has traditionally been handled via an open approach, especially when small bowel resection (SBR) is indicated, although recent series have shown improved outcomes with a laparoscopic approach. In this retrospective study, we sought to evaluate outcomes and identify risk factors for adverse events after emergency SBR for SBO with an emphasis on surgical approach. In this retrospective review using American College of Surgeons National Surgical Quality Improvement Program data, 1750 patients were identified who had emergency SBR with the principal diagnosis of SBO from 2006 to 2011. Mortality and postoperative adverse events were evaluated. Of 1750 patients who had emergency SBR, 51 (2.9%) had laparoscopic bowel resection (LBR). There was no difference in surgery duration (open bowel resection [OBR] versus LBR, 100 minutes versus 92 minutes; P=.38). Compared with the LBR group, the OBR group had a higher rate of baseline cardiac comorbidities and postoperative complications, and their length of stay was longer (10 versus 8 days; P70 years, pulmonary, renal, neurological, and cardiac comorbidities, preoperative sepsis, steroid use, and body mass index of surgical problem.

  1. Translation of small open reading frames within unannotated RNA transcripts in Saccharomyces cerevisiae.

    Science.gov (United States)

    Smith, Jenna E; Alvarez-Dominguez, Juan R; Kline, Nicholas; Huynh, Nathan J; Geisler, Sarah; Hu, Wenqian; Coller, Jeff; Baker, Kristian E

    2014-06-26

    High-throughput gene expression analysis has revealed a plethora of previously undetected transcripts in eukaryotic cells. In this study, we investigate >1,100 unannotated transcripts in yeast predicted to lack protein-coding capacity. We show that a majority of these RNAs are enriched on polyribosomes akin to mRNAs. Ribosome profiling demonstrates that many bind translocating ribosomes within predicted open reading frames 10-96 codons in size. We validate expression of peptides encoded within a subset of these RNAs and provide evidence for conservation among yeast species. Consistent with their translation, many of these transcripts are targeted for degradation by the translation-dependent nonsense-mediated RNA decay (NMD) pathway. We identify lncRNAs that are also sensitive to NMD, indicating that translation of noncoding transcripts also occurs in mammals. These data demonstrate transcripts considered to lack coding potential are bona fide protein coding and expand the proteome of yeast and possibly other eukaryotes. Copyright © 2014 The Authors. Published by Elsevier Inc. All rights reserved.

  2. Translation of Small Open Reading Frames within Unannotated RNA Transcripts in Saccharomyces cerevisiae

    Directory of Open Access Journals (Sweden)

    Jenna E. Smith

    2014-06-01

    Full Text Available High-throughput gene expression analysis has revealed a plethora of previously undetected transcripts in eukaryotic cells. In this study, we investigate >1,100 unannotated transcripts in yeast predicted to lack protein-coding capacity. We show that a majority of these RNAs are enriched on polyribosomes akin to mRNAs. Ribosome profiling demonstrates that many bind translocating ribosomes within predicted open reading frames 10–96 codons in size. We validate expression of peptides encoded within a subset of these RNAs and provide evidence for conservation among yeast species. Consistent with their translation, many of these transcripts are targeted for degradation by the translation-dependent nonsense-mediated RNA decay (NMD pathway. We identify lncRNAs that are also sensitive to NMD, indicating that translation of noncoding transcripts also occurs in mammals. These data demonstrate transcripts considered to lack coding potential are bona fide protein coding and expand the proteome of yeast and possibly other eukaryotes.

  3. Arthroscopic proximal versus open subpectoral biceps tenodesis with arthroscopic repair of small- or medium-sized rotator cuff tears.

    Science.gov (United States)

    Yi, Young; Lee, Jong-Myoung; Kwon, Seok Hyun; Kim, Jeong-Woo

    2016-12-01

    The study was aimed to compare arthroscopic proximal biceps tenodesis and open subpectoral biceps tenodesis in repair of small or medium rotator cuff tears. Eighty-five patients underwent biceps tenodesis with arthroscopic repair of a rotator cuff tear, and 66 patients were followed for median of 26.8 (18-42) months with ultrasonography were reviewed. The arthroscopic biceps tenodesis group included 34 cases, and the open subpectoral biceps group included 32 cases. Patients were evaluated using visual analogue scale (VAS), American Shoulder and Elbow Surgeons (ASES), and constant scores. Rotator cuff repair and fixation of the biceps tendon were assessed by ultrasonography. Fixation failure and degree of deformity were evaluated by the pain in the bicipital groove and biceps apex distance (BAD). VAS score and tenderness at the bicipital groove decreased significantly in the open subpectoral group at 3 months postoperative. In both groups, the range of motion, ASES score, and constant score increased significantly (P tendinitis and using intra-bicipital groove tenodesis technique. III.

  4. Small-scale open ocean currents have large effects on wind wave heights

    Science.gov (United States)

    Ardhuin, Fabrice; Gille, Sarah T.; Menemenlis, Dimitris; Rocha, Cesar B.; Rascle, Nicolas; Chapron, Bertrand; Gula, Jonathan; Molemaker, Jeroen

    2017-06-01

    Tidal currents and large-scale oceanic currents are known to modify ocean wave properties, causing extreme sea states that are a hazard to navigation. Recent advances in the understanding and modeling capability of open ocean currents have revealed the ubiquitous presence of eddies, fronts, and filaments at scales 10-100 km. Based on realistic numerical models, we show that these structures can be the main source of variability in significant wave heights at scales less than 200 km, including important variations down to 10 km. Model results are consistent with wave height variations along satellite altimeter tracks, resolved at scales larger than 50 km. The spectrum of significant wave heights is found to be of the order of 70>>2/>(g2>>2>) times the current spectrum, where >> is the spatially averaged significant wave height, >> is the energy-averaged period, and g is the gravity acceleration. This variability induced by currents has been largely overlooked in spite of its relevance for extreme wave heights and remote sensing.Plain Language SummaryWe show that the variations in currents at scales 10 to 100 km are the main source of variations in wave heights at the same scales. Our work uses a combination of realistic numerical models for currents and waves and data from the Jason-3 and SARAL/AltiKa satellites. This finding will be of interest for the investigation of extreme wave heights, remote sensing, and air-sea interactions. As an immediate application, the present results will help constrain the error budget of the up-coming satellite missions, in particular the Surface Water and Ocean Topography (SWOT) mission, and decide how the data will have to be processed to arrive at accurate sea level and wave measurements. It will also help in the analysis of wave measurements by the CFOSAT satellite.

  5. Unraveling Dutch citizens' perceptions on the bio-based economy : The case of bioplastics, bio-jetfuels and small-scale bio-refineries

    NARCIS (Netherlands)

    Lynch, Durwin H J; Klaassen, Pim; Broerse, Jacqueline E W

    2017-01-01

    Little is known about how citizens perceive the transition towards a bio-based economy (BBE), despite the fact that they are one of the most important actors in this transition. Citizens' perceptions of bio-based innovations can support policy-makers to improve the quality of decision-making and the

  6. FIMTrack: An open source tracking and locomotion analysis software for small animals.

    Science.gov (United States)

    Risse, Benjamin; Berh, Dimitri; Otto, Nils; Klämbt, Christian; Jiang, Xiaoyi

    2017-05-01

    Imaging and analyzing the locomotion behavior of small animals such as Drosophila larvae or C. elegans worms has become an integral subject of biological research. In the past we have introduced FIM, a novel imaging system feasible to extract high contrast images. This system in combination with the associated tracking software FIMTrack is already used by many groups all over the world. However, so far there has not been an in-depth discussion of the technical aspects. Here we elaborate on the implementation details of FIMTrack and give an in-depth explanation of the used algorithms. Among others, the software offers several tracking strategies to cover a wide range of different model organisms, locomotion types, and camera properties. Furthermore, the software facilitates stimuli-based analysis in combination with built-in manual tracking and correction functionalities. All features are integrated in an easy-to-use graphical user interface. To demonstrate the potential of FIMTrack we provide an evaluation of its accuracy using manually labeled data. The source code is available under the GNU GPLv3 at https://github.com/i-git/FIMTrack and pre-compiled binaries for Windows and Mac are available at http://fim.uni-muenster.de.

  7. Placental economies

    DEFF Research Database (Denmark)

    Lee, Jieun

    2016-01-01

    Thinking with the vital materiality of placentas as it is evinced in a placental stem cell research lab in Korea, this article explores the relations and practices of care that are essential to the circulation of biological matters as infrastructure of tissue economies. I attend to the flows...... and sustained through the relations and practices of care that animate the placenta in different forms. On the basis of an ethnographic fieldwork conducted in Korea, this article focuses on two different forms of care (lab workers’ care of cells, and pregnant women’s care of fetuses) that enable the (re...

  8. Does small equal predatory? Analysis of publication charges and transparency of editorial policies in Croatian open access journals.

    Science.gov (United States)

    Stojanovski, Jadranka; Marušić, Ana

    2017-06-15

    We approach the problem of "predatory" journals and publishers from the perspective of small scientific communities and small journals that may sometimes be perceived as "predatory". Among other characteristics of "predatory" journals two most relevant are their business model and the quality of the editorial work. We analysed 444 Croatian open access (OA) journals in the Hrčak (portal of Croatian scientific journals) digital journal repository for the presence of article processing charges as a business model and the transparency of editorial policies. The majority of journals do not charge authors or require submission or article processing charges, which clearly distinguishes them from "predatory" journals. Almost all Hrčak OA journals have publicly available information on editorial boards, including full names and affiliations, and detailed contact information for the editorial office at the Hrčak website. The journal names are unique and cannot be easily confused with another journal or intend to mislead about the journal's origin. While most journals provide information on peer review process, many do not provide guidelines for reviewers or other editorial and publication ethics standards. In order to clearly differentiate themselves from predatory journals, it is not enough for journals from small research communities to operate on non-commercial bases, but also to have transparent editorial policies.

  9. Real Exchange Rates in Advanced Transition Economies

    Directory of Open Access Journals (Sweden)

    Sanja Grubacic

    2015-10-01

    Full Text Available The recent evidence from Eastern Europe suggests that one of the major obstacles towards the adoption of euro may lie in the impact that the recession of 2008 exerted on the trajectory of real exchange rates in new member countries (European Commission, 2015.  This paper aims to establish and explain the relationship between the external shocks derived from the global financial crisis and recession of 2008 and equilibrium real exchange rate in advanced transition economies of Eastern Europe. The interplay between the external and internal balances is explained by developing an inter-temporal optimizing model of the real exchange rate determination in a small open economy with structural distortions. The results of our model suggest that, in the aftermath of recession, if the Eastern European economies attempt to restore and maintain the balance between the consumption, saving, and investment, the equilibrium real exchange rate will tend to reverse its trajectory from appreciation to depreciation over time in order to encourage a greater production in the future. The equilibrium real exchange rate depreciation in the future may obtain either as a result of an increase in the direct subsidies on investment or as a result of reduced subsidies on the "net-of-investment" income.  The deprecation of countries’ real exchange rate, however, may continue to act as an effective constraint against the adoption of euro.

  10. Enterobacterial Small Mobile Sequences Carry Open Reading Frames and are Found Intragenically—Evolutionary Implications for Formation of New Peptides

    Directory of Open Access Journals (Sweden)

    Nicholas Delihas

    2007-01-01

    Full Text Available Intergenic repeat units of 127-bp (RU-1 and 168-bp (RU-2, as well as a newly-found class of 103-bp (RU-3, represent small mobile sequences in enterobacterial genomes present in multiple intergenic regions. These repeat sequences display similarities to eukaryotic miniature inverted-repeat transposable elements (MITE. The RU mobile elements have not been reported to encode amino acid sequences. An in silico approach was used to scan genomes for location of repeat units. RU sequences are found to have open reading frames, which are present in annotated gene loci whereby the RU amino acid sequence is maintained. Gene loci that display repeat units include those that encode large proteins which are part of super families that carry conserved domains and those that carry predicted motifs such as signal peptide sequences and transmembrane domains. A putative exported protein in Y. pestis and a phylogenetically conserved putative inner membrane protein in Salmonella species represent some of the more interesting constructs. We hypothesize that a major outcome of RU open reading frame fusions is the evolutionary emergence of new proteins.

  11. Comparison of Porcine Small Intestinal Submucosa versus Polypropylene in Open Inguinal Hernia Repair: A Systematic Review and Meta-Analysis

    Science.gov (United States)

    Nie, Xin; Xiao, Dongdong; Wang, Wenyue; Song, Zhicheng; Yang, Zhi; Chen, Yuanwen; Gu, Yan

    2015-01-01

    Background A systematic review and meta-analysis was performed in randomized controlled trials (RCTs) to compare porcine small intestinal submucosa (SIS) with polypropylene in open inguinal hernia repair. Method Electronic databases MEDLINE, Embase, and the Cochrane Library were used to compare patient outcomes for the two groups via meta-analysis. Result A total of 3 randomized controlled trials encompassing 200 patients were included in the meta-analysis. There was no significant difference in recurrence (P = 0.16), hematomas (P = 0.06), postoperative pain within 30 days (P = 0.45), or postoperative pain after 1 year (P = 0.12) between the 2 groups. The incidence of discomfort was significantly lower (P = 0.0006) in the SIS group. However, the SIS group experienced a significantly higher incidence of seroma (P = 0.03). Conclusions Compared to polypropylene, using SIS in open inguinal hernia repair is associated with a lower incidence of discomfort and a higher incidence of seroma. However, well-designed larger RCT studies with a longer follow-up period are needed to confirm these findings. PMID:26252895

  12. Design and assessment of a novel SPECT system for desktop open-gantry imaging of small animals: A simulation study

    Energy Technology Data Exchange (ETDEWEB)

    Zeraatkar, Navid; Farahani, Mohammad Hossein [Research Center for Molecular and Cellular Imaging, Tehran University of Medical Sciences, Tehran 1419733141 (Iran, Islamic Republic of); Rahmim, Arman [Department of Radiology, Johns Hopkins University, Baltimore, Maryland 21287 and Department of Electrical and Computer Engineering, Johns Hopkins University, Baltimore, Maryland 21218 (United States); Sarkar, Saeed [Department of Medical Physics and Biomedical Engineering, Tehran University of Medical Sciences, Tehran 1417613151, Iran and Research Center for Science and Technology in Medicine, Tehran University of Medical Sciences, Tehran 1419733141 (Iran, Islamic Republic of); Ay, Mohammad Reza, E-mail: mohammadreza-ay@sina.tums.ac.ir [Research Center for Molecular and Cellular Imaging, Tehran University of Medical Sciences, Tehran 1419733141, Iran and Department of Medical Physics and Biomedical Engineering, Tehran University of Medical Sciences, Tehran 1417613151 (Iran, Islamic Republic of)

    2016-05-15

    Purpose: Given increasing efforts in biomedical research utilizing molecular imaging methods, development of dedicated high-performance small-animal SPECT systems has been growing rapidly in the last decade. In the present work, we propose and assess an alternative concept for SPECT imaging enabling desktop open-gantry imaging of small animals. Methods: The system, PERSPECT, consists of an imaging desk, with a set of tilted detector and pinhole collimator placed beneath it. The object to be imaged is simply placed on the desk. Monte Carlo (MC) and analytical simulations were utilized to accurately model and evaluate the proposed concept and design. Furthermore, a dedicated image reconstruction algorithm, finite-aperture-based circular projections (FABCP), was developed and validated for the system, enabling more accurate modeling of the system and higher quality reconstructed images. Image quality was quantified as a function of different tilt angles in the acquisition and number of iterations in the reconstruction algorithm. Furthermore, more complex phantoms including Derenzo, Defrise, and mouse whole body were simulated and studied. Results: The sensitivity of the PERSPECT was 207 cps/MBq. It was quantitatively demonstrated that for a tilt angle of 30°, comparable image qualities were obtained in terms of normalized squared error, contrast, uniformity, noise, and spatial resolution measurements, the latter at ∼0.6 mm. Furthermore, quantitative analyses demonstrated that 3 iterations of FABCP image reconstruction (16 subsets/iteration) led to optimally reconstructed images. Conclusions: The PERSPECT, using a novel imaging protocol, can achieve comparable image quality performance in comparison with a conventional pinhole SPECT with the same configuration. The dedicated FABCP algorithm, which was developed for reconstruction of data from the PERSPECT system, can produce high quality images for small-animal imaging via accurate modeling of the system as

  13. Nuclides Economy

    International Nuclear Information System (INIS)

    Ivanov, Evgeny; Subbotin, Stanislav

    2007-01-01

    Traditionally the subject of discussion about the nuclear technology development is focused on the conditions that facilitate the nuclear power deployment. The main objective of this work is seeking of methodological basis for analysis of the coupling consequences of nuclear development. Nuclide economy is the term, which defines a new kind of society relations, dependent on nuclear technology development. It is rather closed to the setting of problems then to the solving of them. Last year Dr. Jonathan Tennenbaum published in Executive Intelligence Review Vol. 33 no 40 the article entitled as 'The Isotope Economy' where main interconnections for nuclear energy technologies and their infrastructure had been explained on the popular level. There he has given several answers and, therefore, just here we will try to expand this concept. We were interested by this publication because of similarity of our vision of resource base of technologies development. The main paradigm of 'Isotope economy' was expresses by Lyndon H. LaRouche: 'Instead of viewing the relevant resources of the planet as if they were a fixed totality, we must now assume responsibility of man's creating the new resources which will be more than adequate to sustain a growing world population at a constantly improved standard of physical per-capita output, and personal consumption'. We also consider the needed resources as a dynamic category. Nuclide economy and nuclide logistics both are needed for identifying of the future development of nuclear power as far we follow the holistic analysis approach 'from cave to grave'. Thus here we try to reasoning of decision making procedures and factors required for it in frame of innovative proposals development and deployment. The nuclear power development is needed in humanitarian scientific support with maximally deep consideration of all inter-disciplinary aspects of the nuclear power and nuclear technologies implementation. The main objectives for such

  14. Small Open Reading Frames

    Indian Academy of Sciences (India)

    However,recent work on ribosome profiling and mass spectrometryhave led to the discovery of many translating functionalsmall ORFs and presence of their stable peptide products.Further, examples of biologically active peptides with vitalregulatory functions underline the importance of smORFsin cell functions.

  15. Small Open Reading Frames

    Indian Academy of Sciences (India)

    Further, examples of biologically active peptides with vitalregulatory functions underline the importance of smORFsin cell functions. Genome-wide analysis shows that smORFsare conserved across diverse species, and the functional characterizationof their peptides reveals their critical role in abroad spectrum of regulatory ...

  16. Future Economy and Touristic Entrepreneurship

    Directory of Open Access Journals (Sweden)

    Viorica Jelev

    2016-09-01

    Full Text Available Specialists claim that Eco-Bio-economy or social economy is the economy of future, in the service of human life by the rational use of environmental resources. The concept brings together in an integrated manner, according to the researchers, economy, ecology, biodiversity, biotechnologies and focuses on integrated sustainable development of the world. The new social economy, together with the corporate social responsibility joins a new multipolar world to a healthy environment by creative and innovative concepts that will ensure the sustainability of living in a sustainable manner. Doctors have added to thisEco-Bio-Economy concept a new one called One Health - a new integrated approach for human, animals and environment health state to that they should emphasize the importance of human behavior upon the planet biodiversity. Economer agents have mostly understood the importance of alarm signals drawn up by researchers on the destruction of the resources of the planet and adapted their business sites to the requirements of the green economy. A responsible business is also ecotourism that promotes a favourable travel for the surrounding environment. It requires accommodation on farms, in peasant houses, small rural hotels. The educational environment contributes to the trend planetary tourism, with the formation of new specialists with new knowledge, behaviors and consumers use formation of new characters, sensitive to environmental issues. This educational model is also promoted by Spiru Haret University, by creating the Master degree in tourism but also in environmental protection.

  17. Energy and economy; Energia y Economia

    Energy Technology Data Exchange (ETDEWEB)

    Diaz Fernandez, J. L.

    2010-07-01

    This article, which reflects the authors presentation at the opening of the Congress of the Spanish Nuclear Society, examines the relationship between the Spanish economy and energy consumption in our country compared with major industrialized countries. (Author)

  18. Small-angle x-ray scattering of calpain-5 reveals a highly open conformation among calpains

    Science.gov (United States)

    Gakhar, Lokesh; Bassuk, Alexander G.; Velez, Gabriel; Khan, Saif; Yang, Jing; Tsang, Stephen H.; Mahajan, Vinit B.

    2016-01-01

    Calpain-5 is a calcium-activated protease expressed in the retina. Mutations in calpain-5 cause autosomal dominant neovascular inflammatory vitreoretinopathy (ADNIV, OMIM#193235). The structure of calpain-5 has not been determined, thus hindering the investigation of its proteolytic targets and pathological role in ADNIV. Herein, we report models of the proteolytic core of calpain-5 (mini-calpain-5) containing two globular domains (termed DIIa-IIb) connected by a short, flexible linker, consistent with small-angle x-ray scattering (SAXS) data. Structural modeling in the absence of calcium suggests that mini-calpain-5 adopts a more open conformation when compared to previously determined structures of other calpain cores. This open conformation, achieved by a rotation of DIIa and DIIb with respect to each other, prevents formation of the active site and constrains the enzyme in an inactivated form. The relative domain rotation of 60-100°we found for mini-calpain-5 (a non-classical calpain) is significantly greater than the largest rotation previously observed for a classical calpain (i.e., 55.0°for mini-calpain-9). Together with our prediction that, in the full-length form, a long loop in DIIb (loop C1), a few residues downstream of the inter-domain linker, likely interacts with the shorter, acidic, inactivating loop on domain-III (DIII), these structural insights illuminate the complexity of calpain regulation. Moreover, our studies argue that pursuing higher resolution structural studies are necessary to understand the complex activity regulation prevalent in the calpain family and for the design of specific calpain inhibitors. PMID:27474374

  19. The efficiency of an open-cavity tubular solar receiver for a small-scale solar thermal Brayton cycle

    International Nuclear Information System (INIS)

    Le Roux, W.G.; Bello-Ochende, T.; Meyer, J.P.

    2014-01-01

    Highlights: • Results show efficiencies of a low-cost stainless steel tubular cavity receiver. • Optimum ratio of 0.0035 is found for receiver aperture area to concentrator area. • Smaller receiver tube and higher mass flow rate increase receiver efficiency. • Larger tube and smaller mass flow rate increase second law efficiency. • Large-tube receiver performs better in the small-scale solar thermal Brayton cycle. - Abstract: The first law and second law efficiencies are determined for a stainless steel closed-tube open rectangular cavity solar receiver. It is to be used in a small-scale solar thermal Brayton cycle using a micro-turbine with low compressor pressure ratios. There are many different variables at play to model the air temperature increase of the air running through such a receiver. These variables include concentrator shape, concentrator diameter, concentrator rim angle, concentrator reflectivity, concentrator optical error, solar tracking error, receiver aperture area, receiver material, effect of wind, receiver tube diameter, inlet temperature and mass flow rate through the receiver. All these variables are considered in this paper. The Brayton cycle requires very high receiver surface temperatures in order to be successful. These high temperatures, however, have many disadvantages in terms of heat loss from the receiver, especially radiation heat loss. With the help of ray-tracing software, SolTrace, and receiver modelling techniques, an optimum receiver-to-concentrator-area ratio of A′ ≈ 0.0035 was found for a concentrator with 45° rim angle, 10 mrad optical error and 1° tracking error. A method to determine the temperature profile and net heat transfer rate along the length of the receiver tube is presented. Receiver efficiencies are shown in terms of mass flow rate, receiver tube diameter, pressure drop, maximum receiver surface temperature and inlet temperature of the working fluid. For a 4.8 m diameter parabolic dish, the

  20. Antimatter Economy

    Science.gov (United States)

    Hansen, Norm

    2004-05-01

    The Antimatter Economy will bring every country into the 21st century without destroying our environment and turn the Star Trek dream into reality by using antimatter from comets. At the April 2002 joint meeting of the American Physical Society and American Astronomical Society, I announced that comets were composed of antimatter, there were 109 antimatter elements, and the Periodic Table of Elements had been updated to include the antimatter elements. When matter and antimatter come together, energy is produce according to Einstein's equation of mass times the speed of light squared or E = mc2. Antimatter energy creates incredible opportunities for humanity. People in spacecraft will travel to the moon in hours, planets in days, and stars in weeks. Antimatter power will replace fossil plants and produce hydrogen from off-peak electrical power. Hydrogen will supplant gas in cars, trucks, and other vehicles. The billions of ton of coal, billions of barrels of oil, and trillions of cubic feet of natural gas will be used to make trillions of dollars of products to bring countries into the 21st century. Within this millennium, the Worlds Gross National Product will increase from 30 trillion to 3,000 trillion plus 1,500 trillion from space commercialization bringing the Total Gross National Product to 4,500 trillion. Millions of businesses and billions of jobs will be created. However, the real benefits will come from taking billions of people out of poverty and empowering them to pursue their dreams of life, liberty and pursuit of happiness. Please visit www.AntimatterEnergy.com.

  1. A small-scale open-label study of the treatment of canine flea allergy dermatitis with fluralaner.

    Science.gov (United States)

    Fisara, Petr; Shipstone, Michael; von Berky, Andrew; von Berky, Janet

    2015-12-01

    Fluralaner is an isoxazoline systemic insecticide and acaricide that provides persistent flea-killing activity on dogs for 12 weeks. European and US field studies have shown that fluralaner treatment alleviates the signs of flea allergy dermatitis (FAD) in client-owned dogs. To assess the clinical response in FAD affected dogs over the 12-week period following a single oral fluralaner treatment. Twenty client-owned dogs were diagnosed with FAD on the basis of compatible clinical signs and a positive response in flea antigen tests, using intradermal and or serological methods. An open-label small-scale study with all dogs receiving a single oral fluralaner treatment. All enrolled dogs were diagnosed with FAD and then clinically monitored at 4-week intervals for 12 weeks. Twenty dogs completed the study. All dogs were flea-free at all post-treatment assessments except for one dog that had a single flea at the first post-enrollment assessment at 4 weeks. At the 4-week post-treatment assessment active FAD signs had resolved in all dogs; at 8 weeks post-treatment, two dogs showed mild signs. All clinical signs of FAD had resolved at the final assessment of 12 weeks after treatment. A single administration of fluralaner alleviated or resolved signs associated with FAD in all treated dogs over the recommended 12-week treatment period. © 2015 The Authors. Veterinary Dermatology published by John Wiley & Sons Ltd on behalf of Intervet Australia Pty Ltd.

  2. Improved Interference-Free Channel Allocation in Coordinated Multiuser Multi-Antenna Open-Access Small Cells

    KAUST Repository

    Radaydeh, Redha

    2016-02-16

    This paper investigates low-complexity joint interference avoidance and desired link improvement for single channel allocation in multiuser multi-antenna access points (APs) for open-access small cells. It is considered that an active user is equipped with an atenna array that can be used to suppress interference sources but not to provide spatial diversity. On the other hand, the operation of APs can be coordinated to meet design requirements, and each of which can unconditionally utilize assigned physical channels. Moreover, each AP is equipped with uncorrelated antennas that can be reused simultaneously to serve many active users. The analysis provides new approaches to exploit physical channels, transmit antennas, and APs to mitigate interference, while providing the best possible link gain to an active user through the most suitable interference-free channel. The event of concurrent service requests placed by active users on a specific interference-free channel is discussed for either interference avoidance through identifying unshared channels or desired link improvement via multiuser scheduling. The applicability of the approaches to balance downlink loads is explained, and practical scenarios due to imperfect identification of interference-free channels and/or scheduled user are thoroughly investigated. The developed results are applicable for any statistical and geometric models of the allocated channel to an active user as well as channel conditions of interference users. They can be used to study various performance measures. Numerical and simulation results are presented to explain some outcomes of this work.

  3. Exploring National Concerted Practices in an Open Small Economy : What Does the Change in the Competition Law in the Netherlands Reveal?

    NARCIS (Netherlands)

    Ozbugday, F.C.

    2011-01-01

    The present study examines the impact of several industry characteristics on the propensity to collude using a dataset on the existence of collusion across Dutch industries during the late 1990s and early 2000s. The results of the Probit model with sample selection indicate that our sample of Dutch

  4. Peruvian energy economy - an analysis with special regard to small-scale coal mining. Die Energiewirtschaft Perus mit besonderer Beruecksichtigung des Kleinkohlenbergbaus

    Energy Technology Data Exchange (ETDEWEB)

    Diederich, F.; Spittler, E.

    1985-01-01

    The study abstracted facilitates access to the present economic and natural resources situation of Peru. In recent years Peru, which is among the major mineral resources supplying countries, has seriously and repeatedly been affected by problems rooting in natural or economic circumstances. The tense economic situation was calling for the activation of all means and measured promising an improvement. Looking for solutions Peruvian coal which after the discovery of oil fields had been much neglected was rediscovered again. General information about Peruvian economy and policies is followed by a discussion of the structure and status of the energy and mining sectors. Part three is dedicated to concrete problems of the coal industry and possible future developments on the coal sector.

  5. 76 FR 17995 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-03-31

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam Practitioner Engagement Project...

  6. Empirical Analysis on Evolution and Small World Effect of Chinese Enterprise-Enterprise Patent Cooperation Network: From the Perspective of Open Innovation

    Directory of Open Access Journals (Sweden)

    Wei Li

    2013-10-01

    Full Text Available The patent cooperation network which enterprises join is a very important network platform for enterprises’ open innovation. However, very limited work has been done to empirically investigate the dynamic change process of the network in China. To address this issue, this paper analyzes dynamic change process of cooperation network of enterprises and the small-world effect of the biggest subgroup according to the data of 36731 items of cooperative patents between enterprises from 1985 to 2010 published by the State Intellectual Property Office of China. A conclusion can be drawn from the analysis results that the biggest subgroup has the characteristics of small-world effect, but the overall network structure also has some defects, which limit the development of open innovation. For the first time, suggestions on open innovation strategies are put forward to provide theoretical reference for both the government and enterprises.

  7. Market-opening rules and potentialities of destabilization of hierarchical power industries in an open economy: institutional scenarios on the French power industry; Cahier de recherche no.17. Regles d'ouverture de marche et potentialites de destabilisation d'une industrie electrique integree en economie ouverte. Scenarios institutionnels d'evolution de l'industrie electrique francaise

    Energy Technology Data Exchange (ETDEWEB)

    Finon, D

    1999-08-01

    The purpose of the paper is to analyse the reform of the French power industry, the extreme integration of the industrial organisation of which is deeply rooted in the French institutional particularisms. After the presentation of the main features of the 1999 reform, different elements of instability of the new structure are pointed out: the over-dominant position of the incumbent company which dissuades entries, institutional isomorphism between economies integrated to a regional space (heterogeneity of structures between European Community countries generates problems of reciprocity and fairness), and the end of the traditional capture of the regulator by the incumbent company because of the autonomy of the function of regulation. Two institutional scenarios are defined, which give a different weight to two competition paradigms in conflicts: the traditional ''industrial economics'' which inclines to preserve hierarchy in the national area to gain competitive advantages in the European field, and the neo-classical paradigm. In the first one, in the name of strategic efficiency, the integration of the industrial organisation could be preserved in spite of the asymmetry of structures between countries, and the playing field is the continental Europe on which national champions compete. In the second one the French industrial organisation has to conform to the competitive model, with vertical and horizontal disintegration and creation of a power exchange market. This scenario necessitates to test the force of the institutional determinism of the nuclear legacy. (author)

  8. 76 FR 63715 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-10-13

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee will be held Wednesday...

  9. 76 FR 46897 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-08-03

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee will be held Wednesday...

  10. 76 FR 56879 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-09-14

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee AGENCY... Taxpayer Advocacy Panel Small Business/ Self Employed Correspondence Exam Practitioner Engagement Project... Business/Self Employed Correspondence Exam Practitioner Engagement Project Committee will be held Wednesday...

  11. Inflation adjustment in the open economy

    DEFF Research Database (Denmark)

    Nielsen, Heino Bohn; Bowdler, Christopher

    2006-01-01

    of these processes cointegrate to I(1). This supports an analysis in which I(1) and I(2) restrictions are imposed. A key finding is that an increase in real import prices reduces productivity adjusted real wages, such that the change in domestic inflation is moderated. This may explain why the depreciation...... of sterling in 1992 left inflation unchanged...

  12. A Microfounded Sectoral Model for Open Economies

    NARCIS (Netherlands)

    Plasmans, J.E.J.; Fornero, J.; Michalak, T.

    2007-01-01

    Numerical simulations of the two-country sectoral model are provided for a relatively large number of structural shocks as domestic and foreign productivity shocks in final tradables and non-tradables, money demand shocks and a shock in the exchange rate. Such a model is well suited for monetary

  13. The Implementation of Monetary Policy in an Emerging Economy: The Case of Chile

    OpenAIRE

    Christian A Johnson; Rodrigo Vergara

    2005-01-01

    Central bank authorities base implementation of monetary policy on an analysis of multiple variables known as monetary policy indicators. In a small open economy such as Chile, these indicators may include in-flation misalignments, unemployment, GDP growth, money growth, the current account balance, exchange rate volatility and international re-serves. A neural network approach is used to establish the correspond-ing weights considered by the Board of the Central Bank of Chile dur-ing the per...

  14. Fluctuations in Overlapping Generations Economies

    DEFF Research Database (Denmark)

    Tvede, Mich

    In the present paper stationary pure-exchange overlapping generations economies with l  goods per date and m consumers per generation are considered. It is shown that for an open and dense set of utility functions there exist endowment vectors such that n-cycles exist for n = l +1 and l  = m....... The approach to existence of endogenous fluctuations is basic in the sense that the prime ingredients are the implicit function theorem and linear algebra. Moreover the approach is applied to show that for an open and dense set of utility functions there exist endowment vectors such that sunspot equilibria...

  15. Current TVA work on the fluid mechanics of screens with very small openings for the exclusion of larvae at power plant cooling-water intakes

    International Nuclear Information System (INIS)

    Vigander, S.

    1978-01-01

    The potential use of screening media with very small openings to exclude larval fish at power plant cooling-water intakes opens several areas of possible fluid mechanic problems. In this paper, ongoing research is described which focuses on four specific areas: the prediction of the pressure drop across a screen, given flow rate and screen properties; the estimation of the pressure drop across partially plugged screens; the rate of debris buildup on a site-specific stationary screen sample; and methods for stationary screen cleaning and their effectiveness. Other areas are identified in which research is needed to aid in the design of intakes that will effectively exclude larvae

  16. UNDERGROUND ECONOMY, INFLUENCES ON NATIONAL ECONOMIES

    Directory of Open Access Journals (Sweden)

    CEAUȘESCU IONUT

    2015-04-01

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

  17. Understanding the New Economy.

    Science.gov (United States)

    Morrell, Louis R.

    2001-01-01

    Asserts that while the Nasdaq bubble did burst, the new economy is real and that failure to understand the rules of the digital economy can lead to substandard investment portfolio performance. Offers guidelines for higher education institutional investors. (EV)

  18. Swiss economy and the future energy policy

    International Nuclear Information System (INIS)

    Leuenberger, A.F.

    1997-01-01

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

  19. All-arthroscopic versus mini-open repair of small to large sized rotator cuff tears: a meta-analysis of clinical outcomes.

    Directory of Open Access Journals (Sweden)

    Liancheng Shan

    Full Text Available The purpose of this study was to compare clinical outcomes of patients with full-thickness small to large sized tears undergoing all-arthroscopic versus mini-open rotator cuff repair.A literature search for electronic databases and references for eligible studies was conducted through Medline, Embase and Cochrane library between 1969 and 2013.A total of 12 comparative studies (n = 770 patients were included. Pooled results showed: there were no differences in function outcome, pain scores, retear rate or the incidence of adhesive capsulitis between all arthroscopic and mini-open repair groups.There were no differences in outcomes between the arthroscopic and mini-open rotator cuff repair techniques, they should be considered alternative treatment options.Level IV, Meta analysis.

  20. Economies and Sustainability

    Directory of Open Access Journals (Sweden)

    Shu-Kun Lin

    2013-01-01

    Full Text Available The motivation for launching the journal Economies (ISSN 2227-7099 is my concern regarding human sustainability [1,2]. There are two major categories of economic systems: capitalism, or free market economy and socialism, or planned economy. The last 30 years have witnessed great social change in China, for example, indicating that the free market economy has prevailed and now dominates around the World.

  1. 76 FR 2193 - Open Meeting of the Taxpayer Advocacy Panel Small Business/Self Employed Correspondence Exam...

    Science.gov (United States)

    2011-01-12

    ... Small Business/Self Employed Correspondence Exam Practitioner Engagement AGENCY: Internal Revenue... Small Business/ Self Employed Correspondence Exam Practitioner Engagement will be conducted. The...: Notice is hereby given pursuant to Section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App...

  2. FROM CIRCULAR ECONOMY TO BLUE ECONOMY

    Directory of Open Access Journals (Sweden)

    Iustin-Emanuel, ALEXANDRU

    2014-11-01

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

  3. Modeling of similar economies

    Directory of Open Access Journals (Sweden)

    Sergey B. Kuznetsov

    2017-06-01

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

  4. Small Data

    NARCIS (Netherlands)

    S. Pemberton (Steven)

    2014-01-01

    htmlabstractThe term “Open Data” often goes hand in hand with the term “Big Data”, where large data sets get released allowing for analysis, but the Cinderella of the Open Data ball is Small Data, small amounts of data, nonetheless possibly essential, that are too small to be put in some database or

  5. Economie en totale oorlog

    Directory of Open Access Journals (Sweden)

    H.A.M. Klemann

    2004-01-01

    Full Text Available J. Meihuizen, Noodzakelijk kwaad. De bestraffing van economische collaboratie in Nederland na de Tweede WereldoorlogThe economy and full-scale warMeihuizen concludes that the interests of the reconstruction had to take precedence over those of an honourable judicial process, as a result of which cases of economic collaboration seldom reached the courts. This essay argues that Dutch firms could not avoid manufacturing goods for the occupying forces because they were often relatively small-scale in nature and organised along the lines of a family business. If this type of firm refused to fulfil a German order and its competitor was willing to accept it, then it ran the risk of being squeezed out by the competition. This is why, in the Netherlands and elsewhere, as soon as a firm made the transition from a smallscale to a medium-sized family business it was inclined to work all-out for the occupying forces. This had nothing to do with free choice, but rather the will to survive. In addition to this, non-military production, even that which was geared towards keeping the people at home alive and healthy, supported the German war effort. In an economy where all military production is systematically maximized and manufacturing geared towards producing civilian goods is pushed back to a level where it can just about survive, all manufacturing becomes economic collaboration, thereby making the notion redundant. Consequently, the question that should have resounded throughout this study ought to have been whether a legal case could have been made against economic collaboration at all or whether this was doomed to fail from the start.

  6. RIVM open data

    NARCIS (Netherlands)

    van Loenen, B.; Welle Donker, F.M.; Ploeger, H.D.

    2016-01-01

    Onderzoek uitgevoerd in opdracth van RIVM.
    Open data is een van de pijlers van onze informatie-economie en van een transparante overheid. Ook de minister van de minister van Volksgezondheid, Welzijn en Sport (VWS) heeft in 2015 aangekondigd werk te gaan maken van open data in de zorg. Naast het

  7. Diversity of small mammals synusias of the open forest sites of the Beskydy and Jeseníky Mts

    Czech Academy of Sciences Publication Activity Database

    Čepelka, L.; Suchomel, J.; Purchart, L.; Heroldová, Marta

    2012-01-01

    Roč. 5, č. 2 (2012), s. 121-134 ISSN 1803-2451 R&D Projects: GA MZe QH72075 Institutional support: RVO:68081766 Keywords : small mammals * Rodentia * Soricomorpha * diversity * forest ecosystems * Jeseníky Mts * Beskydy Mts Subject RIV: EH - Ecology, Behaviour

  8. Open table-top device positioning technique to reduce small bowel obstruction. Positioning accuracy and impact on conformal radiation therapy techniques

    International Nuclear Information System (INIS)

    Rudat, V.; Flentje, M.; Engenhart, R.; Metzger, M.; Wannenmacher, M.

    1995-01-01

    The immobilization error of patients positioned on the opern table-top device in prone prosition as well as the movement of the small bowel out of the pelvis by this positioning technique was determined. The positioning error is of special importance for the 3-dimensional treatment planning for conformal radiotherapy. The positioning error was determined by superposing 106 portal films with the corresponding simultor films from 21 patients with carcinoma of the rectum who received 3D-planned conformal radiotherapy (o-field technique with irregular blocks). The movement of the small bowel out of the pelvis was studied by comparing simulator films after barium swallow in supine and open table-top position as well with 3D-treatment plans of the same patient in both positions in 3 cases. The positioning error along the medio-lateral, dorso-ventral und cranio-caudal axis was 1.4/-0.6/1.8 mm and the standard deviation 4.4/6.8/6.3 mm, respectively. In comparison to the supine position more rotation errors in the sagittal view were observed (37% and 9% respectively) with a media of 5.1 . Six out of 22 patients showed no adhesions of the small bowel and a complete movement out of the tratment field was achieved. 14 out of 16 Patients with adhesions revealed a partial movement of the small bowel out of the treatment field. Comparing 3D-treatment plans in both positions again demonstrated a marked reduction of the irradiated small bowel volume with the use of the open table-top decive. (orig.) [de

  9. Growing a market economy

    Energy Technology Data Exchange (ETDEWEB)

    Basu, N.; Pryor, R.J.

    1997-09-01

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

  10. The Sharing Economy

    DEFF Research Database (Denmark)

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

    2015-01-01

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

  11. Sustaining the Afghan Economy

    Science.gov (United States)

    2010-03-01

    budget. Agriculture and pastoralism accounted for 60 percent of GDP in the 1970s and about 85 percent of the population depended on rural economy ...for its livelihood.1 The Soviet war devastated the rural economy and most of the population fled to Pakistan and Iran, where it depended largely on...AU/ACSC/YADAV/AY10 i AIR COMMAND AND STAFF COLLEGE AIR UNIVERSITY SUSTAINING THE AFGHAN ECONOMY By Mukesh Kumar Yadav, Wg Cdr

  12. Optimization models in a transition economy

    CERN Document Server

    Sergienko, Ivan V; Koshlai, Ludmilla

    2014-01-01

    This book opens new avenues in understanding mathematical models within the context of a  transition economy. The exposition lays out the methods for combining different mathematical structures and tools to effectively build the next model that will accurately reflect real world economic processes. Mathematical modeling of weather phenomena allows us to forecast certain essential weather parameters without any possibility of changing them. By contrast, modeling of transition economies gives us the freedom to not only predict changes in important indexes of all types of economies, but also to influence them more effectively in the desired direction. Simply put: any economy, including a transitional one, can be controlled. This book is useful to anyone who wants to increase profits within their business, or improve the quality of their family life and the economic area they live in. It is beneficial for undergraduate and graduate students specializing in the fields of Economic Informatics, Economic Cybernetic...

  13. Institutional Competitiveness in the Global Economy

    DEFF Research Database (Denmark)

    Campbell, John L.; Pedersen, Ove K.

    that are very different institutionally. The analysis shows that there is no one best way to achieve success in today's global economy, except perhaps for reducing socioeconomic inequality; that the type of capitalism known as coordinated market economies are oversimplified in the literature; and that high......Despite high taxes, a large state budget and welfare state, much economic regulation, and a very open economy, Denmark continues to compete successfully against the other advanced capitalist economies. Hence, Denmark presents a paradox for neoliberalism, which predicts that these policies will hurt...... national competitiveness under conditions of economic globalization. Following the varieties of capitalism literature, this paper argues that Denmark's success has been based in large part on its institutional competitiveness-its capacity to achieve socioeconomic success as a result of the competitive...

  14. The paradigm of the Healthy City between permanence and innovations in Small Cities. Technological perspectives for the system of Open Urban Spaces

    Directory of Open Access Journals (Sweden)

    Filippo Angelucci

    2016-11-01

    Full Text Available The paradigm of the healthy city defined by the World Health Organization may present an important occasion for redefining the relationship between conservation and transformation in small cities, working not only with enduring built capital, but also employing ecological, social, cultural and economic capital. A possible horizon of innovation may be identified in the search for improved conditions in the city, working with open spaces as a super-system of reconnections to recompose the processes, productivity and diversity that, while currently interrupted, once existed between city and territory. The result would be small healthy cities that favour the return of an active and healthy lifestyle for users and offer an alternative to the standardised conditions of the metropolis.

  15. Real economy versus virtual economy - New challenges for nowadays society

    Directory of Open Access Journals (Sweden)

    Associates Professon Dr. Veronica Adriana Popescu

    2011-05-01

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

  16. Small Engines as Bottoming Cycle Steam Expanders for Internal Combustion Engines

    OpenAIRE

    Rohitha Weerasinghe; Sandra Hounsham

    2017-01-01

    Heat recovery bottoming cycles for internal combustion engines have opened new avenues for research into small steam expanders [1]. Dependable data for small steam expanders will allow us to predict on their suitability as bottoming cycle engines and the fuel economy achieved by using them as bottoming cycles. Wankel Engines, with its lower resistance properties at small scale provide excellent contenders for bottoming cycle expanders. Present paper is based on results of experiments carried ...

  17. The International Trade in Global Economy

    Directory of Open Access Journals (Sweden)

    Ion Botescu

    2007-05-01

    Romania, through its achieved economic opening, has boosted its participation to the international economic trades. In this way there is a chance for Romania’s economy in the future to become more competitive, even though in the present our country faces serious problems concerning the strong deficit of the foreign trade balance.

  18. Research Award: Networked Economies | IDRC - International ...

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

    2016-09-07

    Sep 7, 2016 ... Deadline: September 7, 2016 Please note that all applications must be submitted online. IDRC is one of the world's ... For example, open data has great potential for driving innovation. Similarly, big data analytics can offer solutions to a number of health and social problems. Networked Economies also ...

  19. Economy Profile of Hungary

    OpenAIRE

    World Bank Group

    2017-01-01

    Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Hungary. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Hungary ...

  20. Towards Circular Economy

    DEFF Research Database (Denmark)

    Guldmann, Eva

    The present report concerns the practical process of developing initiatives based on the circular economy in eight Danish companies. The report outlines how the process of integrating the circular economy was approached in each of the participating companies during 2014 and 2015 and what came out...

  1. Free variable economy

    NARCIS (Netherlands)

    Roelofsen, F.

    2009-01-01

    Several authors have recently argued that semantic interpretation is subject to economy constraints. In particular, Fox (1999) argued that the interpretation of pronouns is subject to BINDING ECONOMY, which favors local binding over non-local binding. The present paper points out a problem for

  2. Economy Profile of Australia

    OpenAIRE

    World Bank Group

    2017-01-01

    Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Australia. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Aust...

  3. Credit policy, inflation and growth in a financially repressed economy

    NARCIS (Netherlands)

    van Wijnbergen, S.J.G.

    1983-01-01

    This paper analyzes credit policy in an open economy macro-model incorporating stylized facts about the financial sector of less developed countries. The Keynes-Wicksell growth model is applied in view of the transmission channel of monetary policy into the supply side of the economy via the cost of

  4. Assessing the impacts of canopy openness and flight parameters on detecting a sub-canopy tropical invasive plant using a small unmanned aerial system

    Science.gov (United States)

    Perroy, Ryan L.; Sullivan, Timo; Stephenson, Nathan

    2017-03-01

    Small unmanned aerial systems (sUAS) have great potential to facilitate the early detection and management of invasive plants. Here we show how very high-resolution optical imagery, collected from small consumer-grade multirotor UAS platform at altitudes of 30-120 m above ground level (agl), can be used to detect individual miconia (Miconia calvescens) plants in a highly invaded tropical rainforest environment on the island of Hawai'i. The central aim of this research was to determine how overstory vegetation cover, imagery resolution, and camera look-angle impact the aerial detection of known individual miconia plants. For our finest resolution imagery (1.37 cm ground sampling distance collected at 30 m agl), we obtained a 100% detection rate for sub-canopy plants with above-crown openness values >40% and a 69% detection rate for those with >20% openness. We were unable to detect any plants with visual line of sight regulations present formidable obstacles for detecting miconia and other invasive plant species, we show that sUAS platforms carrying optical sensors can be an effective component of an integrated management plan within challenging subcanopy forest environments.

  5. A reliable, low-cost picture archiving and communications system for small and medium veterinary practices built using open-source technology.

    Science.gov (United States)

    Iotti, Bryan; Valazza, Alberto

    2014-10-01

    Picture Archiving and Communications Systems (PACS) are the most needed system in a modern hospital. As an integral part of the Digital Imaging and Communications in Medicine (DICOM) standard, they are charged with the responsibility for secure storage and accessibility of the diagnostic imaging data. These machines need to offer high performance, stability, and security while proving reliable and ergonomic in the day-to-day and long-term storage and retrieval of the data they safeguard. This paper reports the experience of the authors in developing and installing a compact and low-cost solution based on open-source technologies in the Veterinary Teaching Hospital for the University of Torino, Italy, during the course of the summer of 2012. The PACS server was built on low-cost x86-based hardware and uses an open source operating system derived from Oracle OpenSolaris (Oracle Corporation, Redwood City, CA, USA) to host the DCM4CHEE PACS DICOM server (DCM4CHEE, http://www.dcm4che.org ). This solution features very high data security and an ergonomic interface to provide easy access to a large amount of imaging data. The system has been in active use for almost 2 years now and has proven to be a scalable, cost-effective solution for practices ranging from small to very large, where the use of different hardware combinations allows scaling to the different deployments, while the use of paravirtualization allows increased security and easy migrations and upgrades.

  6. Knowledge Economy: Characteristics and Dimensions

    Directory of Open Access Journals (Sweden)

    Shahrazad HADAD

    2017-06-01

    Full Text Available Over the past several decades, the theme of knowledge economy (KE has become increasingly important, being seen as a source of economic growth and competitiveness in all economic sectors. As a consequence of this development, the author provides evidence that scholars and commentators have pleaded in favor of using modern resources which enrich knowledge-based-economies, such as investments in IT&C, high-technology industries, and highly skilled workers. These factors are perceived as fundamental factors of KE, as the present research will state. The drivers of KE are indeed technologies with the help of knowledge and the production of information, all these conditioned by dissemination. The hereby article opens with a compare and contrast analysis of the traditional economy versus the knowledge economy. Also, the article defines the KE, focusing on the debate existing on the subject of its key characteristics and components (dimensions according to international forums, scholars, and practitioners. At the same time, the author provides information on the drivers of KE, by thoroughly reviewing the academic literature in this field. In the end of the research, the focus moves to the four pillars of KE and their means of assessment. The positive economic trends that the KE brings forth are also analyzed, as well as the core elements of KE, also known under the name of the four pillars of KE: economic and institutional development stimuli; educated and skilled workers that can facilitate the creation and dissemination of knowledge; an adequate innovation system able to embrace the globalized knowledge stock, grasp it and adjust it to particular regional/local conditions; up-to-date information infrastructure enabling communication, information delivery and handling of information and knowledge.

  7. ECONOMY AND SOCIAL ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    Oleg BOGOMOLOV

    2008-12-01

    Full Text Available Market reforms in the post-socialist countries have brought into sharp focus the problem of interconnection and interaction between the economy and the social environment. The economy is inseparable from politics and the operation of the political system, from the state of the social consciousness, the moral and cultural level of the population and from many other aspects of human life and behavior, in short, from everything that can be described by the concept of social environment. Society in every country is a single organism with closely interconnected and interacting parts and systems. Their conjugation and mutual influence are not always apparent and are often overlooked. It is quite easy to see how changes in policy affect the economy and then trace the feedback effect of the economy on policy. It is more difficult to discern the direct and feedback relationship of the economy with administrative relations, with the state of culture, science, morals and public opinion. Meanwhile, an underestimation of these mutual influences is a frequent cause of failures in socio-economic transformation. It is to be regretted that the reforms in Russia were accompanied by a dangerous disruption not only of the economy, but also of the entire system of social relations. What was primary here and what was secondary? In order to answer this question the paper takes a theoretical look at the problem of interaction between the economy and the social environment.

  8. www.FuelEconomy.gov

    Data.gov (United States)

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

  9. Economic impact of oil price shocks on the Turkish economy in the coming decades: A dynamic CGE analysis

    International Nuclear Information System (INIS)

    Aydin, Levent; Acar, Mustafa

    2011-01-01

    As a small open economy, Turkey depends on both imported oil and natural gas, importing almost two-thirds of its primary energy demand. This paper analyzes the economic effects of oil price shocks for Turkey as a small, open oil- and gas-importing country. To analyze the potential long-term effects of oil price shocks on macroeconomic variables of interest, including GDP, consumer price inflation, indirect tax revenues, trade balance, and carbon emissions, we developed TurGEM-D, a dynamic multisectoral general equilibrium model for the Turkish economy. Using TurGEM-D, we analyzed the impact of oil price shocks under three distinct scenarios: reference, high and low oil prices. The simulation results show that these oil prices have very significant effects on macro indicators and carbon emissions in the Turkish economy. - Research highlights: → World oil prices are projected to rise in coming decade, to around $185 per barrel in 2020. → If this occurs in Turkey, how to quantitatively evaluate the impacts on Turkish economy? → Cumulative output loss resulting from world oil prices increased by 121% can be as large as 14%. → Cumulative inflation as measured by CPI index can be nearly 5% under a fixed exchange rate regime. → Cumulative carbon emissions fall by around 51.7% without using any tools for climate change policy.

  10. Essays in political economy

    OpenAIRE

    Mavridis, Christos

    2016-01-01

    This thesis consists of five essays in the field of political economy. The first part of the thesis includes three essays covering various aspects of the political economy of globalization and economic reforms, which are linked in several ways. The second part of the thesis includes two essays on the political economy of development in India. The aim of this introductory section is to give a brief and non-technical overview of the essays, as well as to explain the links between them. The disc...

  11. Fusion power economy of scale

    International Nuclear Information System (INIS)

    Dolan, T.J.

    1993-01-01

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

  12. Major economies Forum on energy and climate

    International Nuclear Information System (INIS)

    2009-01-01

    The Major Economies Forum is intended to facilitate an open dialogue among major developed and developing economies, help generate the political leadership necessary to achieve a successful outcome at the United Nations climatic change conference in Copenhagen, and advance the exploration of concrete initiatives and joint ventures that increase the supply of clean energy while cutting greenhouse gas emissions. The Forum's second preparatory meeting was held in Paris in May 2009, mainly focused on greenhouse gas emissions reduction actions and objectives, the diffusion of clean technologies, the financing of activities for climate protection and adaptation to climatic change impacts

  13. The Effects: Economy

    Science.gov (United States)

    Nutrient pollution has diverse and far-reaching effects on the U.S. economy, impacting tourism, property values, commercial fishing, recreational businesses and many other sectors that depend on clean water.

  14. The Collaborative Economy

    DEFF Research Database (Denmark)

    Avital, Michel; Andersson, Magnus; Nickerson, Jeffrey

    2014-01-01

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

  15. Exploring the Sharing Economy

    DEFF Research Database (Denmark)

    Netter, Sarah

    Despite the growing interest on the part of proponents and opponents - ranging from business, civil society, media, to policy-makers alike - there is still limited knowledge about the working mechanisms of the sharing economy. The thesis is dedicated to explore this understudied phenomenon...... and to provide a more nuanced understanding of the micro- and macro-level tensions that characterize the sharing economy. This thesis consists of four research papers, each using different literature, methodology, and data sets. The first paper investigates how the sharing economy is diffused and is ‘talked......-level tensions experience by sharing platforms by looking at the case of mobile fashion reselling and swapping markets. The final paper combines the perspectives of different sharing economy stakeholders and outlines some of the micro and macro tensions arising in and influencing the organization of these multi...

  16. Collaborative Economy and Tourism

    DEFF Research Database (Denmark)

    Dredge, Dianne; Gyimóthy, Szilvia

    2017-01-01

    The digital collaborative economy is one of the most fascinating developments to have claimed our attention in the last decade. Not only does it defy clear definition, but its historical links back to non-monetised sharing and gift economies and its contemporary foundations in monetising idling...... or spare capacity make it difficult to theorise. In this chapter, we lay the foundation for a social science approach to the exploration of the collaborative economy and its relationship with tourism. We argue that “collaborative” and “economy” should be conceptualised in a broad and inclusive manner...... in order to avoid narrow theorisations and blinkered accounts that focus only on digitally-mediated, monetised transactions. A balance between individual and collective dimensions of the collaborative economy is also necessary if we are to understand its societal implications....

  17. Identification of very small open reading frames in the genomes of Holmes Jungle virus, Ord River virus, and Wongabel virus of the genus , family

    Directory of Open Access Journals (Sweden)

    Aneta Gubala

    2017-07-01

    Full Text Available Viruses of the family Rhabdoviridae infect a broad range of hosts from a variety of ecological and geographical niches, including vertebrates, arthropods, and plants. The arthropod-transmitted members of this family display considerable genetic diversity and remarkable genomic flexibility that enable coding for various accessory proteins in different locations of the genome. Here, we describe the genome of Holmes Jungle virus, isolated from Culex annulirostris mosquitoes collected in northern Australia, and make detailed comparisons with the closely related Ord River and Wongabel viruses, with a focus on identifying very small open reading frames (smORFs in their genomes. This is the first systematic prediction of smORFs in rhabdoviruses, emphasising the intricacy of the rhabdovirus genome and the knowledge gaps. We speculate that these smORFs may be of importance to the life cycle of the virus in the arthropod vector.

  18. Iran’s Economy

    Science.gov (United States)

    2008-06-12

    larger than Alaska) Population : 65.9 million Median Age : 26.4 years Population Growth Rate: 0.8% Head of State: Mahmoud Ahmadinejad, elected as... populism damages economy ,” Oxford Analytica, February 19, 2008. 22 Fredrik Dahl, “Iranians worry about high food prices before vote,” Reuters, March 6...IRNA, May 17, 2008. Iran also has been working to reduce its dependence on oil export revenues by building up other sectors of its economy . In an

  19. Token economy for schizophrenia.

    LENUS (Irish Health Repository)

    McMonagle, T

    2000-01-01

    A token economy is a behavioural therapy technique in which the desired change is achieved by means of tokens administered for the performance of predefined behaviours according to a program. Though token economy programmes were widespread in the 1970s they became largely restricted to wards where long-stay patients from institutions are prepared for transfer into the community and were particularly aimed at changing negative symptoms of schizophrenia - poor motivation, poor attention and social withdrawal.

  20. The Placenta Economy

    DEFF Research Database (Denmark)

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

    2018-01-01

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

  1. Small Data

    OpenAIRE

    Pemberton, Steven

    2014-01-01

    htmlabstractThe term “Open Data” often goes hand in hand with the term “Big Data”, where large data sets get released allowing for analysis, but the Cinderella of the Open Data ball is Small Data, small amounts of data, nonetheless possibly essential, that are too small to be put in some database or online dataset to be put to use. RDFa is a technology that allows Cinderella to go to the ball.

  2. Stock-flow consistent data for the Dutch economy, 1995-2015

    NARCIS (Netherlands)

    Muysken, Joan; Bonekamp, Bas; Meijers, Huub

    2017-01-01

    In earlier work Meijers, Muysken (and Sleijpen) have developed an open economy stock-flow consistent (SFC) macroeconomic model of the Dutch economy with an elaborated financial sector. This model has been used to analyse several stylised facts of the Dutch economy, such as the deposit financing gap,

  3. Competition Policies in Emerging Economies: Lessons and ...

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

    30 juil. 2008 ... Do small developing economies, or SDEs, need a specific competition policy to create competitive markets? Against the backdrop of globalization, protectionist policies that promote state ownership and heavy regulation of key industries are proving increasingly ineffective for driving growth. Countries ...

  4. Open label multicenter trial of subcutaneous amifostine (Ethyol) in the prevention of radiation induced esophagitis and pneumonitis in patients with measurable, unresectable non-small cell lung cancer.

    Science.gov (United States)

    Mehta, Vivek

    2004-12-01

    While concurrent delivery of chemotherapy and radiotherapy (RT) has a synergistic effect on tumor control and improves the median and overall survival in patients with locally advanced non-small cell lung cancer, appreciable acute and late morbidity occur to the esophagus and the lung during treatment (ie, acute radiation esophagitis, pulmonary toxicity). Emerging evidence suggests that the volume of normal lung exposed to certain threshold doses of RT might predict for the incidence of pneumonitis. Clinical data also indicate that amifostine (Ethyol; Medimmune Inc, Gaithersburg, MD), an organic thiophosphate, acts as a selective cytoprotective agent for normal tissues against the toxicities of chemotherapy and RT. Moreover, preclinical and clinical data suggest that subcutaneous administration of amifostine may be better tolerated with similar efficacy to that of the intravenous route. We are conducting an open-label trial that is accruing patients with locally advanced non-small cell lung cancer, who will receive concurrent chemoradiotherapy (cisplatin/etoposide or carboplatin/paclitaxel plus RT delivered using 3-dimensional conformal radiotherapy treatment planning) and amifostine 500 mg before RT. Incidence and severity of acute radiation esophagitis, acute radiation pneumonitis, chronic radiation pneumonitis, and changes in pulmonary function will be recorded, as will elements of the RT treatment planning (eg, dose volume histogram data for the lung and esophagus). Pre- and post-therapy pulmonary function is a primary endpoint, and others include general safety assessments of subcutaneous amifostine administration.

  5. Managers and minerals in a monarchy: The political economy of mining in Jordan, 1970-1989

    Energy Technology Data Exchange (ETDEWEB)

    Piro, T.J.

    1992-01-01

    This study investigates why developing states that profess to follow free market principles continue to intervene in their economies. The study investigates the extent to which the state in Jordan has penetrated its most potentially productive economic sector - the extractive mineral industry (phosphates, potash, fertilizers, cement, and the refining of oil). The study examined Jordan's [open quotes]Big 5[close quotes] companies: the Jordan Cement Factories Company, the Jordan Phosphate Mines Company, the Jordan Petroleum Refinery Company, the Arab Potash Company, and the Jordan Fertilizer Industries Company. This examination sought to reveal the political factors that give rise to an interventionist state and that sustain intervention over time. The study discusses the political nature of building a national economy in a society with limited resources and in which certain groups and classes are favored over others. In Jordan the absence of a real entrepreneurial class or vibrant private sector prompted the state to enter the economy in order to construct its economic infrastructure. This is evidenced in the establishment of Jordan's extractive minerals companies. Through its links to these companies, the state crafted an economy in which the role of labor is weak and economic power is still situated within the organs of the state. Centralized authority within the kingdom and the various policy networks linking the state to industry make it difficult for the state to withdraw from the economy. Regional and international factors reinforce this tendency. A review of these companies' activities from 1970 to 1989 reveals the political contours of state capitalism and demonstrates why the private sector has not taken hold in many small developing nations. This study analyzes the institutional environment in which public officials act. The study concludes that the state's room to maneuver within the political arena and the economy is quite substantial.

  6. Environmental issues elimination through circular economy

    Science.gov (United States)

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

    2016-04-01

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

  7. Environmental issues elimination through circular economy

    International Nuclear Information System (INIS)

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

    2016-01-01

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

  8. Environmental issues elimination through circular economy

    Energy Technology Data Exchange (ETDEWEB)

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

    2016-04-21

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

  9. Chilean economy under Pinochet

    Directory of Open Access Journals (Sweden)

    Libor Žídek

    2005-01-01

    Full Text Available Period of Pinochet rule in Chile is still in the centre of interest of many experts. This article concentrates (mostly on the economic side of the military rule. Pinochet took responsibility for the country in situation near to economic collapse caused by policy of the previous – Allendeęs government. The new government after the coup dęétat in 1973 had to stabilize economy. Soldiers at the same time start to implement economic reforms that improved the long run ability of the economy to grow. The economic uplift was interrupted by debt crisis at the beginning of 1980s. Pinochetęs government was able to deal with these obstacles and at the end passed the economy to the democratic government (at the end of 1980s in good shape. The following positive development in the 1990s is thus based on the foundations built under the military rule.

  10. Rethinking the Sharing Economy

    DEFF Research Database (Denmark)

    Kornberger, Martin; Leixnering, Stephan; Meyer, Renate

    2017-01-01

    Our paper focuses on a non-standard sharing example that harbors the potential to disrupt received wisdom on the sharing economy. While originally entering the field to analyze, broadly from a governance perspective, how the 2015 refugee crisis was handled in Vienna, Austria, we found that the non...... the phenomenon as part of the ‘sharing economy’. Continuing this innovative line of thought, we argue that our unusual case is in fact an excellent opportunity to discover important aspects about both the nature and organization of sharing. First, we uncover an additional dimension of sharing beyond the material...... arguments. Second, we hold that a particular form of organizing facilitates the sharing economy: the sharing economy organization. This particular organizational form is distinctive – at the same time selectively borrowing and skillfully combining features from platform organizations (e.g., use...

  11. Understanding responsible innovation in small producers’ clusters in Northern Vietnam : A grounded theory approach to globalization and poverty alleviation

    NARCIS (Netherlands)

    Voeten, J.J.

    2012-01-01

    The PhD thesis explores new economic dynamics within poor small producers’ clusters in craft villages in northern Vietnam; a country in full economic swing after market economy reforms and opening up to the world. The central research question of the thesis - positioned in current debates about

  12. Inverting the moral economy

    DEFF Research Database (Denmark)

    Olwig, Mette Fog; Noe, Christine; Kangalawe, Richard

    2017-01-01

    Governments, donors and investors often promote land acquisitions for forest plantations as global climate change mitigation via carbon sequestration. Investors’ forestry thereby becomes part of a global moral economy imaginary. Using examples from Tanzania we critically examine the global moral...... economy’s narrative foundation, which presents trees as axiomatically ‘green’, ‘idle’ land as waste and economic investments as benefiting the relevant communities. In this way the traditional supposition of the moral economy as invoked by the economic underclass to maintain the basis of their subsistence...

  13. Inverting the moral economy

    DEFF Research Database (Denmark)

    Olwig, Mette Fog; Noe, Christine; Kangalawe, Richard

    2015-01-01

    Governments, donors and investors often promote land acquisitions for forest plantations as global climate change mitigation via carbon sequestration. Investors’ forestry thereby becomes part of a global moral economy imaginary. Using examples from Tanzania we critically examine the global moral...... economy’s narrative foundation, which presents trees as axiomatically ‘green’, ‘idle’ land as waste and economic investments as benefiting the relevant communities. In this way the traditional supposition of the moral economy as invoked by the economic underclass to maintain the basis of their subsistence...

  14. Experimenting with alternative economies

    DEFF Research Database (Denmark)

    Longhurst, Noel; Avelino, Flor; Wittmayer, Julia

    2016-01-01

    Neoliberalism is a powerful narrative that has shaped processes of urban economic development across the globe. This paper reports on four nascent ‘new economic’ narratives which represent fundamentally different imaginaries of the urban economy. Experiments informed by these narratives challenge...... the dominant neoliberal logic in four key dimensions: What is the purpose of economic development? What are the preferred distributive mechanisms? Who governs the economy? What is the preferred form of economic organisation? The emergence of these experiments illustrates that cities are spaces where counter...

  15. Fueling the Green Economy

    Science.gov (United States)

    Elder, James

    2009-01-01

    The Obama administration, along with many others, has placed a high priority on accelerating the nation's transition to a cleaner, greener economy. Transforming the nation's economic, energy, and environmental systems to become more sustainable will require a level of expertise, innovation, and cooperation unseen since the 1940s war effort. Public…

  16. Operant Conditioning - Token Economy.

    Science.gov (United States)

    Montgomery, Jacqueline; McBurney, Raymond D.

    Described is an Operant Conditioning-Token Economy Program, teaching patients to be responsible for their own behavior, to make choices, and to be motivated to change. The program was instigated with mentally ill patients in a state hospital and was later used with institutionalized mentally handicapped groups. After two years, only four of the…

  17. Airline Safety and Economy

    Science.gov (United States)

    1993-01-01

    This video documents efforts at NASA Langley Research Center to improve safety and economy in aircraft. Featured are the cockpit weather information needs computer system, which relays real time weather information to the pilot, and efforts to improve techniques to detect structural flaws and corrosion, such as the thermal bond inspection system.

  18. Economy and Grace

    DEFF Research Database (Denmark)

    Pedersen, Else Marie Wiberg

    2015-01-01

    Luther develops his idea the grace of God in tandem with his idea of economy, and a society characterized by ethical and social values such as love of neighbour and caring for the poor. Hence, the reformer's search for a gracious God is developed along with his criticism of the current indulgence...

  19. Ecology and economy

    International Nuclear Information System (INIS)

    Menard, M.; Bischoff, J.

    1980-01-01

    The green movement challenges workers' unions and socialists. Who are the 'Greens', and what do they want. Where do their theoretical fundamentals come from. Will an ecological economy be able to function. Are the 'Greens' leftists or dreamers fighting against progress. Arguments for trade unionists and socialists in the ecological controversy. (orig.) [de

  20. Fluctuations in overlapping generations economies

    DEFF Research Database (Denmark)

    Tvede, Mich

    2009-01-01

    In the present paper stationary pure-exchange overlapping generations economies with L goods per date and M consumers per generation are considered. It is shown that for an open and dense set of utility functions there exist endowment vectors such that N-cycles exist for N less than or equal to L+1...... and L less than or equal to M. The approach to existence of endogenous fluctuations is basic in the sense that the prime ingredients are the implicit function theorem and linear algebra. Moreover it is sketched how the approach can be applied to show that for an open and dense set of utility functions...

  1. BioXTAS RAW: improvements to a free open-source program for small-angle X-ray scattering data reduction and analysis.

    Science.gov (United States)

    Hopkins, Jesse Bennett; Gillilan, Richard E; Skou, Soren

    2017-10-01

    BioXTAS RAW is a graphical-user-interface-based free open-source Python program for reduction and analysis of small-angle X-ray solution scattering (SAXS) data. The software is designed for biological SAXS data and enables creation and plotting of one-dimensional scattering profiles from two-dimensional detector images, standard data operations such as averaging and subtraction and analysis of radius of gyration and molecular weight, and advanced analysis such as calculation of inverse Fourier transforms and envelopes. It also allows easy processing of inline size-exclusion chromatography coupled SAXS data and data deconvolution using the evolving factor analysis method. It provides an alternative to closed-source programs such as Primus and ScÅtter for primary data analysis. Because it can calibrate, mask and integrate images it also provides an alternative to synchrotron beamline pipelines that scientists can install on their own computers and use both at home and at the beamline.

  2. Nimotuzumab plus chemotherapy versus chemotherapy alone in advanced non-small-cell lung cancer: a multicenter, randomized, open-label Phase II study

    Directory of Open Access Journals (Sweden)

    Babu KG

    2014-06-01

    Full Text Available K Govind Babu,1 Kumar Prabhash,2 Ashok K Vaid,3 Bhawna Sirohi,3 Ravi B Diwakar,4 Raghunadha Rao,5 Madhuchanda Kar,6 Hemant Malhotra,7 Shona Nag,8 Chanchal Goswami,9 Vinod Raina,10 Ravi Mohan111Kidwai Memorial Institute of Oncology, Bangalore, 2Tata Memorial Hospital, Mumbai, 3Artemis Health Institute, Delhi, 4Bangalore Institute of Oncology, Bangalore, 5Nizam Institute of Medical Sciences, Hyderabad, 6B R Singh Hospital, Kolkata, 7Birla Cancer Centre, Jaipur, 8Jehangir Hospital, Pune, 9B P Poddar Hospital and Medical Research Ltd, Kolkata, 10Institute Rotary Cancer Hospital, New Delhi, 11King George Hospital, Visakhapatnam, IndiaBackground: The purpose of this study was to evaluate the safety and efficacy of nimotuzumab in combination with chemotherapy (docetaxel and carboplatin versus chemotherapy alone in patients with stage IIIB/IV non-small-cell lung cancer.Methods: This multicenter, open-label, Phase II study randomized 110 patients to receive nimotuzumab plus chemotherapy (nimotuzumab group or chemotherapy alone (control group, and comprised concomitant, maintenance, and follow-up phases. Nimotuzumab 200 mg was administered once weekly for 13 weeks during the first two phases with four cycles of chemotherapy and docetaxel 75 mg/m2 and carboplatin (area under the curve 5 mg/mL*min every 3 weeks for a maximum of four cycles during the concomitant phase. The primary endpoint was objective response rate (sum of complete response and partial response. Secondary endpoints, ie, overall survival and progression-free survival, were estimated using the Kaplan–Meier method. Efficacy was evaluated on the intent-to-treat and efficacy-evaluable sets. Safety was assessed from adverse event and serious adverse event data.Results: The objective response rate was significantly higher in the nimotuzumab group than in the control group in the intent-to-treat population (54% versus 34.5%; P=0.04. A complete response and partial response were achieved in 3

  3. Economy and culture are dead! Long live economy and culture!

    OpenAIRE

    Castree, Noel

    2004-01-01

    This essay critically evaluates the debate in human geography and cognate fields about economy-culture relationships. It takes issue with the terms of the debate, wherein different authors have sought to ground their claims about economy and culture with reference to supposed 'ontological realities'. Building on the arguments of Don Mitchell (1995; 2000), I argue that economy and culture should be seen as two powerful ideas that help to create the realities they seem only to describe. Economy...

  4. Millennials and the Sharing Economy

    DEFF Research Database (Denmark)

    Ranzini, Giulia; Newlands, Gemma; Anselmi, Guido

    Report from the EU H2020 Research Project Ps2Share: Participation, Privacy, and Power in the Sharing Economy......Report from the EU H2020 Research Project Ps2Share: Participation, Privacy, and Power in the Sharing Economy...

  5. Introduction Of Techno-Economy

    International Nuclear Information System (INIS)

    Park, Woo Hui

    2001-08-01

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

  6. Do international economic developments affect the South African economy?

    Directory of Open Access Journals (Sweden)

    JA Swanepoel

    2014-07-01

    Full Text Available Globalisation has opened economies more, exposing them to more international shocks and increasing the challenges to which domestic economic policies must respond. This paper provides a starting point for the analysis of the impact of international economic developments on the South African economy by means of graphical illustrations, correlations coefficients and in some cases a VAR analysis. Although this paper has shed some light on the importance of international economic developments on the South African economy, more rigorous econometric investigation is needed to validate the arguments and to address many of the unresolved questions.

  7. Knowledge Economy and Research Innovation

    Science.gov (United States)

    Bastalich, Wendy

    2010-01-01

    The "knowledge economy" has been received with considerable scepticism by scholars within the fields of political economy, social and political philosophy, and higher education. Key arguments within this literature are reviewed in this article to suggest that, despite policy claims, "knowledge economy" does not describe a "new" mode of economic…

  8. Popular Education in Solidarity Economy

    Science.gov (United States)

    de Melo Neto, José Francisco; da Costa, Francisco Xavier Pereira

    2015-01-01

    This article seeks to show the relation between popular education and solidarity economy in experiences of solidarity economy enterprises in Brazil. It is based on diverse experiences which have occurred in various sectors of this economy, highlighting those experiences which took place in João Pessoa with the creation of a Cooperative of Workers…

  9. Green economy and related concepts

    NARCIS (Netherlands)

    Loiseau, Eleonore; Saikku, Laura; Antikainen, Riina; Droste, Nils; Hansjürgens, Bernd; Pitkänen, Kati; Leskinen, Pekka; Kuikman, Peter; Thomsen, Marianne

    2016-01-01

    For the last ten years, the notion of a green economy has become increasingly attractive to policy makers. However, green economy covers a lot of diverse concepts and its links with sustainability are not always clear. In this article, we focus on definitions of green economy and related concepts

  10. Power economy of Bulgaria

    International Nuclear Information System (INIS)

    Kovatschew, D.

    1975-01-01

    After a description of the development of the power economy of Bulgaria after World War 2, the author states that of all the native primary energy sources, brown coal plays the most important part in heat and power generation. Of the lucrative water power, only 50% will be made available at the end of 1975 and only 75% in ten years. The future power economy - and, as a result, the future standard of living - of Bulgaria depend to a great degree on the import of energy carriers and the construction of nuclear power stations. Bulgaria will be the first Balkan country to use nuclear energy. The two pressure water reactors of Kosloduj will provide 880 MWe after their start-up. (GG/AK) [de

  11. COMPETITIVENESS FOR SUSTAINABLE ECONOMIES

    Directory of Open Access Journals (Sweden)

    Nelu Eugen POPESCU

    2014-04-01

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

  12. The Knowledge Economy and Higher Education: Rankings and Classifications, Research Metrics and Learning Outcomes Measures as a System for Regulating the Value of Knowledge

    Science.gov (United States)

    Marginson, Simon

    2009-01-01

    This paper describes the global knowledge economy (the k-economy), comprised by (1) open source knowledge flows and (2) commercial markets in intellectual property and knowledge-intensive goods. Like all economy the global knowledge economy is a site of production. It is also social and cultural, taking the form of a one-world community mediated…

  13. In situ preparation of multilayer coated capillary column with HKUST-1 for separation of neutral small organic molecules by open tubular capillary electrochromatography.

    Science.gov (United States)

    Xu, Yin-Yin; Lv, Wen-Juan; Ren, Cui-Ling; Niu, Xiao-Ying; Chen, Hong-Li; Chen, Xing-Guo

    2018-01-12

    The popularity of novel nanoparticles coated capillary column has aroused widespread attention of researchers. Metal organic frameworks (MOFs) with special structure and chemical properties have received great interest in separation sciences. This work presents the investigation of HKUST-1 (Hong Kong University of Science and Technology-1, called Cu 3 (BTC) 2 or MOF-199) nanoparticles as a new type of coating material for capillary electrochromatography. For the first time, three layers coating (3-LC), five layers coating (5-LC), ten layers coating (10-LC), fifteen layers coating (15-LC), twenty layers coating(20-LC) and twenty-five layers coating (25-LC) capillary columns coated with HKUST-1 nanoparticles were synthesized by covalent bond with in situ, layer-by-layer self-assembly approach. The results of scanning electron microscopy (SEM), X-ray diffraction (XRD) and plasma atomic emission spectrometry (ICP-AES) indicated that HKUST-1 was successfully grafted on the inner wall of the capillary. The separating performances of 3-LC, 5-LC, 10-LC, 15-LC, 20-LC and 25-LC open tubular (OT) capillary columns were studied with some neutral small organic molecules. The results indicated that the neutral small organic molecules were separated successfully with 10-LC, 15-LC and 20-LC OT capillary columns because of the size selectivity of lattice aperture and hydrophobicity of organic ligands. In addition, 10-LC and 15-LC OT capillary columns showed better performance for the separation of certain phenolic compounds. Furthermore, 10-LC, 15-LC and 20-LC OT capillary columns exhibited good intra-day repeatability with the relative standard deviations (RSDs; %) of migration time and peak areas lying in the range of 0.3-1.2% and 0.5-4.2%, respectively. For inter-day reproducibility, the RSDs of the three OT capillary columns were found to be lying in the range of 0.3-5.5% and 0.3-4.5% for migration time and peak area, respectively. The RSDs of retention times for column

  14. Alectinib versus crizotinib in patients with ALK-positive non-small-cell lung cancer (J-ALEX): an open-label, randomised phase 3 trial.

    Science.gov (United States)

    Hida, Toyoaki; Nokihara, Hiroshi; Kondo, Masashi; Kim, Young Hak; Azuma, Koichi; Seto, Takashi; Takiguchi, Yuichi; Nishio, Makoto; Yoshioka, Hiroshige; Imamura, Fumio; Hotta, Katsuyuki; Watanabe, Satoshi; Goto, Koichi; Satouchi, Miyako; Kozuki, Toshiyuki; Shukuya, Takehito; Nakagawa, Kazuhiko; Mitsudomi, Tetsuya; Yamamoto, Nobuyuki; Asakawa, Takashi; Asabe, Ryoichi; Tanaka, Tomohiro; Tamura, Tomohide

    2017-07-01

    Alectinib, a potent, highly selective, CNS-active inhibitor of anaplastic lymphoma kinase (ALK), showed promising efficacy and tolerability in the single-arm phase 1/2 AF-001JP trial in Japanese patients with ALK-positive non-small-cell lung cancer. Given those promising results, we did a phase 3 trial to directly compare the efficacy and safety of alectinib and crizotinib. J-ALEX was a randomised, open-label, phase 3 trial that recruited ALK inhibitor-naive Japanese patients with ALK-positive non-small-cell lung cancer, who were chemotherapy-naive or had received one previous chemotherapy regimen, from 41 study sites in Japan. Patients were randomly assigned (1:1) via an interactive web response system using a permuted-block method stratified by Eastern Cooperative Oncology Group performance status, treatment line, and disease stage to receive oral alectinib 300 mg twice daily or crizotinib 250 mg twice daily until progressive disease, unacceptable toxicity, death, or withdrawal. The primary endpoint was progression-free survival assessed by an independent review facility. The efficacy analysis was done in the intention-to-treat population, and safety analyses were done in all patients who received at least one dose of the study drug. The study is ongoing and patient recruitment is closed. This study is registered with the Japan Pharmaceutical Information Center (number JapicCTI-132316). Between Nov 18, 2013, and Aug 4, 2015, 207 patients were recruited and assigned to the alectinib (n=103) or crizotinib (n=104) groups. At data cutoff for the second interim analysis, 24 patients in the alectinib group had discontinued treatment compared with 61 in the crizotinib group, mostly due to lack of efficacy or adverse events. At the second interim analysis (data cutoff date Dec 3, 2015), an independent data monitoring committee determined that the primary endpoint of the study had been met (hazard ratio 0·34 [99·7% CI 0·17-0·71], stratified log-rank pALEX study

  15. Energy-Economy-Sustainability

    International Nuclear Information System (INIS)

    Meier, R.; Renggli, M.; Previdoli, P.

    1999-12-01

    With an annual turnover of more than 20 billion Swiss Francs energy is an important factor of economic development. Even in periods of seemingly unlimited energy reserves emphasis has to placed on the safety of supply and energy policy has to be adjusted to long term goals. The high impacts of the use of energy are causing external costs of 11 to 16 billion Swiss Francs per year, thereby violating the requirements of a sustainable development. The research programme 'Principles of energy economy' of the Swiss Federal Office of Energy is focused on energy economy and energy policy. In this volume selected projects are presented in a concentrated form to a wider public. Perspectives are drawn up concerning future energy demand, and special attention is paid to the impact of political measures (including various types of taxes) on demand trends and on environmental effects. With the aid of refined models the economic consequences are demonstrated, and significant results are shown which influence the ongoing discussion on double dividends (positive effects on both energy/environment and on economy). The analysis of energy-related measures in the transportation sector including, e.g., promotion measures for renewable energy or consumption-related motor vehicle taxes, is another focus of the programme. In view of a possible revision of the nuclear energy liability act related questions are discussed from the economic point of view. Finally, considerations and results on the role of public service in a liberalized electricity market are reviewed. Dr. R. Meier is head of the research programme 'Principles of energy economy'. (authors) [de

  16. Moral Economies of Corruption

    OpenAIRE

    Pierce, Steven

    2016-01-01

    Nigeria is famous for "419" emails asking recipients for bank account information and for scandals involving the disappearance of billions of dollars from government coffers. Corruption permeates even minor official interactions, from traffic control to university admissions. In Moral Economies of Corruption Steven Pierce provides a cultural history of the last 150 years of corruption in Nigeria as a case study for considering how corruption plays an important role in the processes of politic...

  17. A green hydrogen economy

    International Nuclear Information System (INIS)

    Clark, Woodrow W.; Rifkin, Jeremy

    2006-01-01

    This paper is the result of over a dozen scholars and practitioners who strongly felt that a hydrogen economy and hence the future is closer than some American politicians and bureaucrats state. Moreover, when seen internationally, there is strong evidence, the most recent and obvious ones are the proliferation of hybrid vehicles, that for any nation-state to be energy independent it must seek a renewable or green hydrogen future in the near term. The State of California has once again taken the lead in this effort for both an energy-independent future and one linked strongly to the hydrogen economy. Then why a hydrogen economy in the first instance? The fact is that hydrogen most likely will not be used for refueling of vehicles in the near term. The number of vehicles to make hydrogen commercially viable will not be in the mass market by almost all estimates until 2010. However, it is less than a decade away. The time frame is NOT 30-40 years as some argue. The hydrogen economy needs trained people, new ventures and public-private partnerships now. The paper points out how the concerns of today, including higher costs and technologies under development, can be turned into opportunities for both the public and private sectors. It was not too long ago that the size of a mobile phone was that of a briefcase, and then almost 10 years ago, the size of a shoe box. Today, they are not only the size of a man's wallet but also often given away free to consumers who subscribe or contract for wireless services. While hydrogen may not follow this technological commercialization exactly, it certainly will be on a parallel path. International events and local or regional security dictate that the time for a hydrogen must be close at hand

  18. ECONOMY, ECONOMICS, ECONOMIC, ECONOMICAL

    Directory of Open Access Journals (Sweden)

    Sim Monica Ariana

    2013-07-01

    Full Text Available To speak and understand a language means - among many other things - knowing the words of that language. The average speaker knows, hears, understands and uses thousands of words daily. But does he use them appropriately? That is why this paper is about words and meanings. More specifically, it deals with the internal structure of complex words, i.e. derivatives. The purpose of the paper is to enable students and potentially other individuals dealing with English language on business basis to engage in their own analyses of some aspects of the language, namely the family tree of the word economy. After having read the paper, the reader should be familiar with the necessary knowledge regarding differences between meanings, misuse and actual sense of words deriving from economy, be able to systematically analyze data and relate his own findings on theoretical language problems. English is used by hundreds of millions speakers and still there is always need for improving our knowledge continuously. Knowing and speaking approximate English may not be enough at an advanced level as in the case of students who prepare themselves for careers that involve proficient communication in a foreign language on specific business issues. This is where the idea of such a paper appeared: students of the Faculty of Economic Sciences talk about economy and all the other terms deriving from it, with approximate knowledge of their meaning, without even being aware that some ‘minor' suffixes like –ic, -ical, -ics etc. really matter and do make a difference. Consequently, we started our teaching of Business English lecture in September 2012 with a working sheet based on the terms economic/ economical/ economics/ economy to assess students' awareness of these terms. The result was not a surprise as more than 90% misused economical instead of economic. That seemed a perfect introduction for students in economics. From that moment on, the building of their specific

  19. Social Economy and Responsibility

    Directory of Open Access Journals (Sweden)

    Eva Abramuszkinová Pavlíková

    2012-01-01

    Full Text Available Given the importance of entrepreneurial activities as an engine of economic growth and poverty alleviation, the issue of business development and entrepreneurial activities, has received increasing attention from a number of interested parties worldwide and also in the Czech Republic. The focus of this paper is on a social economy, a social responsibility and social enterprises. The development of the social economy framework will be introduced in the European context and specifically in the Czech Republic. A case study of a Czech social entrepreneur will be introduced based on qualitative research, namely the biographical narrative method.Social enterprises can support activities of various target groups, such as economic activities of mentally and physically handicapped people, which often operate in economically and socially marginalized situations, including stereotyped images. They give them a chance to become active members of society. In this way they can help to reduce the poverty on a local level. The aim of this paper is to introduce a social entrepreneurship as important part of social economy development in the Czech Republic.

  20. An Open-Label, Multicenter, Randomized, Phase II Study of Pazopanib in Combination with Pemetrexed in First-Line Treatment of Patients with Advanced-Stage Non-Small-Cell Lung Cancer

    DEFF Research Database (Denmark)

    Scagliotti, Giorgio V; Felip, Enriqueta; Besse, Benjamin

    2013-01-01

    This randomized open-label phase II study evaluated the efficacy, safety, and tolerability of pazopanib in combination with pemetrexed compared with the standard cisplatin/pemetrexed doublet in patients with previously untreated, advanced, nonsquamous non-small-cell lung cancer....

  1. Multicentric evaluation of the impact of central tumour location when comparing rates of N1 upstaging in patients undergoing video-assisted and open surgery for clinical Stage I non-small-cell lung cancer

    DEFF Research Database (Denmark)

    Decaluwé, Herbert; Petersen, René Horsleben; Brunelli, Alex

    2018-01-01

    OBJECTIVES: Large retrospective series have indicated lower rates of cN0 to pN1 nodal upstaging after video-assisted thoracic surgery (VATS) compared with open resections for Stage I non-small-cell lung cancer (NSCLC). The objective of our multicentre study was to investigate whether the presumed...

  2. Status rent in new developing economy

    Directory of Open Access Journals (Sweden)

    Aleksandrova Natal'ja

    2012-01-01

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

  3. Open Access Alternatives

    Science.gov (United States)

    Tenopir, Carol

    2004-01-01

    Open access publishing is a hot topic today. But open access publishing can have many different definitions, and pros and cons vary with the definitions. Open access publishing is especially attractive to companies and small colleges or universities that are likely to have many more readers than authors. A downside is that a membership fee sounds…

  4. Open innovation with an effective open innovation team.

    OpenAIRE

    Vanvoorden, Jonas

    2014-01-01

    This master's thesis explores how open innovation teams can successfully support open innovation inside of an organisation. Open innovation is a paradigm introduced by Henry Chesbrough (2003) a decade ago. It expands the innovation potential of organisations by opening them up to new ways of working with external partners. To implement open innovation, many companies rely on a small group of managers named open innovation teams. Although open innovation teams can potentially be vital for impl...

  5. ICT Innovation in Emerging Economies

    DEFF Research Database (Denmark)

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

    2013-01-01

    a third of the world’s largest 25 economies, and that they are likely to be critical for the success of a global economy, it is important to understand how these economies innovate, what factors affect innovation in such nations, and what are the impacts. However, to the best of our knowledge, little......ICT innovation is known to significantly elevate a country’s growth and to enhance productivity. It is now well-acknowledged that emerging economies are beginning to innovate at a rapid rate despite some of the challenges they face. Given that these countries with such economies now comprise...... economies, what needs to be studied, and how they should be studied. We attempt to contribute in this area by: (1) providing a comprehensive framework of existing research on ICT innovation in emerging economies, (2) highlighting the gaps that have been left behind, and (3) providing specific guidelines...

  6. Privacy in the Sharing Economy

    DEFF Research Database (Denmark)

    Ranzini, Giulia; Etter, Michael; Lutz, Christoph

    Report from the EU H2020 Research Project Ps2Share:Participation, Privacy, and Power in the Sharing Economy. This paper gives an in-depth overview of the topic of power in the sharing economy. It forms one part of a European Union Horizon 2020 Research Project on the sharing economy: "Ps2Share...... Participation, Privacy, and Power in the Sharing Economy". We aim to foster better awareness of the consequences which the sharing economy has on the way people behave, think, interact, and socialize across Europe. Our overarching objective is to identify key challenges of the sharing economy and improve Europe......’s digital services through providing recommendations to Europe’s institutions. The initial stage of this research project involves a set of three literature reviews of the state of research on three core topics in relation to the sharing economy: participation (1), privacy (2), and power (3). This piece...

  7. Comparison between response dynamics in transition economies and developed economies

    Science.gov (United States)

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

    2010-10-01

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

  8. SUSTAINABLE GROWTH: RECENT TRENDS ACROSS CENTRAL AND EASTERN EUROPEAN ECONOMIES

    Directory of Open Access Journals (Sweden)

    Mihut Ioana

    2014-07-01

    Full Text Available What is economic growth? Although the answer to this question may seems of real simplicity, developing an accurate definition of this concept may constitute a real challenge both from a theoretical but also empirical point of view. This constant debate upon the concept of economic growth as well as indentifying the optimum set of instruments for quantifying it, constituted the starting point of the current article. The concept of economic growth is used nowadays complementary to terms like economic development, economic welfare or economic progress with reference to this complex process that implies macro-scale structures. Moreover indentifying the main factors that generate a significant impact upon the dynamics of the economic growth process, constitute a useful approach taking into consideration the high degree of heterogeneity that characterize the architecture of the economies around the world. If we develop this analysis across the European Union member states this debate became even more challenging due to the high degree of diversity that characterize these economies. Moreover, the Central and Eastern European countries and especially the ones that joined EU in 2004 and 2007 embody a set of particularities that make them extremely different from the rest of the European Union member states, features related to the historical background, economic policies and common efforts to intensify the convergence process with the more developed EU members. This paper studies the impact of two main factors upon the economic growth process namely an endogenous-exogenous factor like the degree of openness and an endogenous factor like the human capital using a complex dynamic panel method. The arguments that were in favour of choosing this two factors are on one hand the multitude of theoretical studies that argued the importance of them in modelling the economic growth process and on the other hand the small number of studies that use panel methods in

  9. The International Trade in Global Economy

    Directory of Open Access Journals (Sweden)

    Ion Botescu

    2007-05-01

    Full Text Available The intensification of the globalization of the world economy is the result of the amplification and diversification without precedent of the material, financial and human flows between the world’s states. The international commerce has known in the last period o strong expansion, almost uninterrupted, surpassing the industrial production growth and PIB on a world scale. Among the PIB evolution and the evolution of the world commerce there is a strong relationship of correlation, fact shown by the linear correlation coefficient. The structure on exports of country categories confirms the fact that the process of globalization has been fully completed in the world. Romania, through its achieved economic opening, has boosted its participation to the international economic trades. In this way there is a chance for Romania’s economy in the future to become more competitive, even though in the present our country faces serious problems concerning the strong deficit of the foreign trade balance.

  10. Opening keynote

    International Nuclear Information System (INIS)

    Rae, B.

    1997-01-01

    In his opening address, the former premier of Ontario summarized the background of the Macdonald Committee which was appointed by his government after it became increasingly apparent that the infrastructure of Hydro Ontario was far bigger than the province and the economy could afford, and that the service that had once given Ontario tremendous competitive advantage, in the form of relatively cheap electric power, had become unsustainable in an era of economic downturn and zero inflation. He stated that the debate about Hydro is part of a broader issue, and it is no longer possible to manage our electricity system as if we were a self-enclosed universe. He predicted that the North American electricity grid will become increasingly interdependent, and that Hydro will have to develop competitive price structures, both to hold its domestic market share and to compete for export sales. He outlined the most pressing issues for Hydro as being debt reduction, while pursuing internal changes to make the organization more efficient. Organizational changes such as the creation of Ontario Hydro International, Ontario Hydro Research, separation of generation operations from the grid, and establishment of separate price and efficiency targets for the autonomous organizations within the utility family, were moves in the right direction. Equally important is to make sure that however Hydro might develop in the future, it is going to be fair to customers, and that the billions of dollars invested in Hydro by Ontario taxpayers over the years, are safeguarded

  11. The real new economy.

    Science.gov (United States)

    Farrell, Diana

    2003-10-01

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

  12. Economy and energy politic

    International Nuclear Information System (INIS)

    Martin, J.M.

    1992-01-01

    This book, divided into four parts, describes, first, energy consumption and national economy growth. In a second part, the irresistible ascent of coal, natural gas and petroleum international markets is studied. In the third part, energy politic is investigated: exchanges releasing, prices deregulation, contestation of power industry monopoly, energy national market and common energetic politic, single market concept. In the last part, global risks and world-wide regulations are given: demand, energy resources, technical changes, comparative evaluations between fossil, nuclear and renewable energies, environment, investments financing and international cooperation. 23 refs., 14 figs., 16 tabs

  13. CORRUPTION IN ECONOMY

    Directory of Open Access Journals (Sweden)

    Ljupka B. Petrevska

    2014-10-01

    Full Text Available Ethics in the social life of the people there since ancient times. Not so long ago, jobs were assembled so that, after the deal, people shake hands. Such a ritual was enough to formalize the act of entering into a business deal. Over time, he grew up living standards, it appears that the mistrust between the people grew, the business is not the same as before, and corruption is all over. Countries in transition, going through a period when food is fixed in a sensitive stage and when corruption is playing a very important role in the progress of the economy of a country.

  14. The Methanol Economy Project

    Energy Technology Data Exchange (ETDEWEB)

    Olah, George [Univ. of Southern California, Los Angeles, CA (United States); Prakash, G. K. [Univ. of Southern California, Los Angeles, CA (United States)

    2014-02-01

    The Methanol Economy Project is based on the concept of replacing fossil fuels with methanol generated either from renewable resources or abundant natural (shale) gas. The full methanol cycle was investigated in this project, from production of methanol through bromination of methane, bireforming of methane to syngas, CO2 capture using supported amines, co-electrolysis of CO2 and water to formate and syngas, decomposition of formate to CO2 and H2, and use of formic acid in a direct formic acid fuel cell. Each of these projects achieved milestones and provided new insights into their respective fields.

  15. A green economy?

    Directory of Open Access Journals (Sweden)

    Petrus Simons

    2014-08-01

    Full Text Available Economic growth has become a fetish, as it is believed to yield many benefits to society. It has its origins in the Enlightenment ideal of progress through science, technology and a free market economy. J.W. Goethe anticipated the problems of such progress in his poem Faust, especially its second part. Binswanger interprets Goethe’s view on the modern economy as a form of alchemy, an attempt to master time through the invention of monetary capital. Keynes’s views on progress and liquidity are compatible with this analysis. The problems, evoked by the uncritical application of scientific technology so as to increase material welfare, have given rise to a dialectic between business seeking growth and those concerned about its effects, especially on ecology. Sustainable development is an outcome of this dialectic, without abandoning it. Others, particularly those advocating décroissance [de-growth], reject the concepts underlying growth. The ideology underlying this is a combination of technicism and economism. A spiritual revolution is called for to break the hold of this ideology on society, with a change from the metaphor of the world as a machine to that of a garden-city. It is suggested that working groups should analyse the various proposals for change from the perspective of the garden-city metaphor.

  16. The energy economy

    International Nuclear Information System (INIS)

    Meritet, Sophie; Vaujour, Jean-Baptiste

    2015-01-01

    This introduction to the economy of energy applies the main economic concepts to the energy sector (nature of the good, supply, demand), proposes an overview of existing actors, and analyses challenges and tools of economic policy like network regulation, competition policy, independence and energy transition. By using recent examples, statistics and international comparisons, it gives elements to highlight issues like the relationship between shale gas exploitation and economic recovery in the USA, the choice between monopole and competition for electricity or gas supply, reaching greenhouse gas emissions of the energy sector by incentives or taxes, secure energy supplies in a changing international environment, ways to supply energy to everyone at prices guaranteeing economy competitiveness, or ways to evolve towards energy systems which would be more environment- and climate-friendly. The successive chapters address fundamentals issues (nature of the good, historical and technical overview), the State intervention (definition of an energy policy, steering the energy mix, ensuring secure supply), the reorganisation of industries and the protection of consumers, the relationship between energy and climate (worrying perspectives, progressive emergence of solutions). The last chapter addresses the future challenges like innovation, and disruptive innovations (smart grids, big data, batteries, CO 2 capture and storage, nuclear waste processing and management, development of nuclear fusion), and the issue of energy poverty

  17. Network Transformations in Economy

    Directory of Open Access Journals (Sweden)

    Bolychev O.

    2014-09-01

    Full Text Available In the context of ever-increasing market competition, networked interactions play a special role in the economy. The network form of entrepreneurship is increasingly viewed as an effective organizational structure to create a market value embedded in innovative business solutions. The authors study the characteristics of a network as an economic category and emphasize certain similarities between Rus sian and international approaches to identifying interactions of economic systems based on the network principle. The paper focuses on the types of networks widely used in the economy. The authors analyze the transformation of business networks along two lines: from an intra- to an inter-firm network and from an inter-firm to an inter-organizational network. The possible forms of network formation are described depending on the strength of connections and the type of integration. The drivers and reasons behind process of transition from a hierarchical model of the organizational structure to a network type are identified. The authors analyze the advantages of creating inter-firm networks and discuss the features of inter-organizational networks as compares to inter-firm ones. The article summarizes the reasons for and advantages of participation in inter-rganizational networks and identifies the main barriers to the formation of inter-organizational network.

  18. The complex of measures on inclusion of small businesses in innovation clusters

    Directory of Open Access Journals (Sweden)

    A. V. Kupchinsky

    2016-01-01

    Full Text Available Modern practice of managing and its display in scientific publications demonstrate that development of world economy with all evidence proves the major role and the importance of sector of small business structures in national economy. In the modern world the national economy in many respects began to be determined by the balanced and sustainable development of the small business structures recognized now as conductors and creators of new opening and technologies, moreover, as the strategic instrument of the structural transformations of a modern economic system of the country often directed to high-quality increase in efficiency of reproduction process of regional economy. Now in Russia the level of development of an innovative entrepreneurship is very low. It is possible to state lack of properly created institutional environment for development of a small entrepreneurship in the innovative sphere. Clasterisation represents process of consolidation of a number of the organizations of various industries for increase in competitiveness, implementation of innovations, effective development and receipt of other benefits. According to separation of economy on real and virtual, the possibility of creation of both real, and virtual clusters increases. Creation and development of regional clusters will help to create the necessary level of activity of small business structures in innovative activities that will favorably affect increase in competitiveness of both regional, and national economy. The package of measures including measures for involvement of small business structures in clusters is developed for development of a cluster initiative and increase in innovative development of the region. Application of this program will allow to reach synergy effect at the expense of high degree of concentration and cooperation of small business structures and increase in effectiveness of their activities.

  19. Whole System Carbon Exchange of Small Stands of Pinus Ponderosa Growing at Different CO(sub 2) concentrations in open top chambers; FINAL

    International Nuclear Information System (INIS)

    Ball, J. Timothy; Ross, Peter D.; Picone, John B.; Eichelmann, Hillar Y.; Ross, Gregory N.

    1996-01-01

    Functional understanding of the carbon cycle from the molecular to the global level is a high scientific priority requiring explanation of the relationship between fluxes at different spatial and temporal scales. We describe methods used to convert an open top chamber into both closed and open flow gas exchange systems utilized to measure such fluxes. The systems described consist of temporary modifications to an open top chamber, and are put in place for several days on one or several open top chambers. In the closed system approach, a chamber is quickly sealed for a short, predetermined time interval, the change in gas concentrations is measured, then the chamber is unsealed and ventilated. In the open flow system approach, airflow into the open top chamber is measured by trace gas injection, and the air stream concentration of CO(sub 2) and water vapor is measured before and after injection into the chamber. The closed chamber approach can resolve smaller fluxes, but causes transient increases in chamber air temperature, and has a high labor requirement. The open flow approach reduces the deviation of measuring conditions from ambient, may be semi-automated (requiring less labor), allows a more frequent sampling interval, but cannot resolve low fluxes well. Data demonstrating the capabilities of these systems show that, in open canopies of ponderosa pine, scaling fluxes from leaves to whole canopies is well approximated from summation of leaf P(sub s) rates. Flux measurements obtained from these systems can be a valuable contribution to our understanding whole system material fluxes, and challenge our understanding of ecosystem carbon budgets

  20. Whole System Carbon Exchange of Small Stands of Pinus Ponderosa Growing at Different CO{sub 2} concentrations in open top chambers

    Energy Technology Data Exchange (ETDEWEB)

    Ball, J. Timothy; Ross, Peter D.; Picone, John B.; Eichelmann, Hillar Y.; Ross, Gregory N.

    1996-12-01

    Functional understanding of the carbon cycle from the molecular to the global level is a high scientific priority requiring explanation of the relationship between fluxes at different spatial and temporal scales. We describe methods used to convert an open top chamber into both closed and open flow gas exchange systems utilized to measure such fluxes. The systems described consist of temporary modifications to an open top chamber, and are put in place for several days on one or several open top chambers. In the closed system approach, a chamber is quickly sealed for a short, predetermined time interval, the change in gas concentrations is measured, then the chamber is unsealed and ventilated. In the open flow system approach, airflow into the open top chamber is measured by trace gas injection, and the air stream concentration of CO{sub 2} and water vapor is measured before and after injection into the chamber. The closed chamber approach can resolve smaller fluxes, but causes transient increases in chamber air temperature, and has a high labor requirement. The open flow approach reduces the deviation of measuring conditions from ambient, may be semi-automated (requiring less labor), allows a more frequent sampling interval, but cannot resolve low fluxes well. Data demonstrating the capabilities of these systems show that, in open canopies of ponderosa pine, scaling fluxes from leaves to whole canopies is well approximated from summation of leaf P{sub s} rates. Flux measurements obtained from these systems can be a valuable contribution to our understanding whole system material fluxes, and challenge our understanding of ecosystem carbon budgets.

  1. The collaborative Economy and Tourism

    DEFF Research Database (Denmark)

    Dredge, Dianne; Gyimóthy, Szilvia

    2015-01-01

    House swapping, ridesharing, voluntourism, couchsurfing, dinner hosting and similar innovations epitomize the collaborative economy. The rise of the collaborative economy, also known as collaborative consumption, the sharing economy and peer-to-peer consumption, has been fuelled by a range...... experiences; and higher levels of consumer risk-taking balanced against mechanisms such as peer-to-peer feedback designed to engender trust between producers and consumers. This paper explores and critically assesses the collaborative economy and its implications for tourism industrial systems. It achieves...... this by mapping out the current knowledge dynamics characterising tourism and the collaborative economy, paying particular attention to the asymmetries of knowledge that are emerging. The paper then identifies and critically discusses five pervasive claims being made about the collaborative economy, arguing...

  2. Seigniorage revenue and Turkish economy

    OpenAIRE

    Levent, Korap

    2006-01-01

    In our paper, we try to investigate the courses of inflation tax and seigniorage revenue for policy makers of the Turkish economy. For this purpose, we first construct an ex-ante seigniorage revenue maximizing inflation model, and then calculate annual inflation tax and seigniorage revenues for the post-1980 period Turkish economy. Following these theoretical issues, an empirical model is constructed upon the Turkish economy, and our expost estimation results reveal that inside the period con...

  3. Heroes of the knowledge economy

    DEFF Research Database (Denmark)

    Ørberg, Jakob Williams

    – futures. The thesis provides new knowledge about the relationship between the development of a global knowledge economy in policy and popular culture, and of the ethnographic detail in which it is materializing. Throughout the thesis it is explored how students cope with policy expectations, and how...... of anxieties over falling out or falling behind in a global economy, as well as about the student and institutional work to further India’s position in this economy....

  4. Healthcare managers' perception of economies of scale.

    Science.gov (United States)

    Svarts, Anna

    2017-05-15

    Purpose The purpose of this paper is to explore how healthcare managers perceive economies of scale and the underlying mechanisms for how scale/size affects performance. Design/methodology/approach Data were collected in 20 in-depth interviews with healthcare professionals from 13 healthcare delivery organizations and from a public authority that finances and contracts healthcare services. Data were coded and analysed using content analysis. Findings The study concludes that the impact of scale on performance is perceived by healthcare professionals to be different for different types of healthcare services: For surgery, significant scale effects related to spreading of fixed cost, the experience curve, and potential for process improvement. For inpatient care, moderate scale effects related to spreading of fixed costs and costs of doctors on on-call duty. For outpatient care, small or no scale effects. Research limitations/implications The small sample of interviewees from a single geographical region and healthcare system limits the applicability of the findings. Originality/value The paper provides insights into how healthcare managers experience scale effects and how they consider economies of scale when planning hospital configuration. Also, past studies of economies of scale in hospitals proffer mixed results and the findings in this paper indicate a possible explanation for this inconclusiveness, i.e. differences in service mix between different hospitals.

  5. Thriving locally in the global economy.

    Science.gov (United States)

    Kanter, Rosabeth Moss

    2003-08-01

    More and more small and midsize companies are joining corporate giants in striving to exploit international growth markets. At the same time, civic leaders worry about their communities' economic future in light of the impact of global forces on the operation and survival of business. How can communities retain local vitality yet still link their business to the global economy? Harvard professor Rosabeth Moss Kanter addresses that question in this classic HBR article, orginally published in 1995. To avoid a clash between international economic interests and local political interests, globalizing business must learn how to be responsive to the communities in which they operate, Kanter says. And communities must determine how to create a civic culture that will attract and retain footloose companies. The author surveyed five U.S. regions with direct connections to the global economy--Boston, Cleveland, Miami, Seattle, and the Spartanburg-Greenville region of South Carolina--to determine their business and civic leader's strategies for improving their constituent's quality of life. She identified ways in which the global economy can work locally by capitalizing on the resources that distinguish one place from another. Kanter argues that regions can invest in capabilities that connect their local populations to the global economy in one of three ways: as thinkers, makers, or traders. She points to the Spartanburg-Greenville region as a good example of a world-class makers, with its exceptional blue-collar workforce that has attracted more than 200 companies from 18 countries. The history of the economic development of this region is a lesson for those seeking to understand how to achieve world-class status and bring local residents into the world economy.

  6. Sustainability, polysaccharide science, and bio-economy.

    Science.gov (United States)

    ten Bos, René; van Dam, Jan E G

    2013-03-01

    At the opening of the 2nd EPNOE conference the role and responsibility of polysaccharide scientists was reflected upon and placed in the context of actual global issues like the transition process towards "sustainable bio-economy". Difficulties in the chain of communication between the different parties involved and towards the wider public was addressed. The need for change in the relations between science and the public and to go beyond the horizon of the specialization was discussed. It was stated that polysaccharide science is one of the key sciences in those transitions. Copyright © 2012 Elsevier Ltd. All rights reserved.

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

    African Journals Online (AJOL)

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

  8. Political economies and environmental futures for the sharing economy

    NARCIS (Netherlands)

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

    2017-01-01

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

  9. An Economy of Grace

    Directory of Open Access Journals (Sweden)

    Victor Tan Chen

    2017-03-01

    Full Text Available This essay is adapted from a plenary talk the author gave at the “Growing Apart: The Implications of Economic Inequality” interdisciplinary conference at Boston College on 9 April 2016, as well as portions of his book Cut Loose: Jobless and Hopeless in an Unfair Economy, a sociological ethnography based on interviews and observations of unemployed autoworkers in Detroit, Michigan, and Windsor, Canada, during and after the Great Recession. The essay discusses four themes from this research. First, it provides a sociological understanding of how long-term unemployment and economic inequality are experienced by today’s less advantaged workers. Second, it illustrates how social policy can improve their circumstances. Third, it examines the limits of policy, and how dealing with inequality also requires changing the broader culture. Fourth, it makes the case for one possible approach to bring about that cultural change: a morality of grace.

  10. Domesticizing Financial Economies

    DEFF Research Database (Denmark)

    Ossandón, José; Deville, Joe; Lazarus, Jeanne

    a lively academic atmosphere for this emerging multidisciplinary and international academic conversation around the place of finance in contemporary life. Second, we expect to demonstrate that what we term domesticizing finance adds a particular modification to the study of finance more generally......In the wake of the financial crisis, there has been an explosion of interest in the place finance occupies in our societies and economies. This paper suggests a different angle from which to study of finance, interested in how finance is domesticized. Domesticizing finance, as a theoretical...... and methodological orientation, is about simultaneously studying the use and practice of finance in domestic settings and the ways in which domestic life is enacted as target of varied financial providers and governed in terms of its financial capabilities. We aim to achieve three things in this article. First...

  11. Gold in Modern Economy

    Directory of Open Access Journals (Sweden)

    Boryshkevych Olena V.

    2014-01-01

    Full Text Available The article studies the role of gold in modern economy. It analyses dynamics and modern state of the gold market. It studies volumes of contracts in exchange and off-exchange markets. In order to reveal changes of key features of the gold market, it focuses on the study of gold demand volumes, studies volumes and geographical changes in the world gold mining, and analyses volumes of monetary gold of central banks and its share in gold and currency reserves. It analyses price fluctuations in the gold market during 1968 – 2013 and identifies main factors that determine the gold price. It identifies interconnection between the state of the gold market and financial markets of countries. The study showed that namely geopolitical and economic instability restricts the spectrum of financial assets for investing and gold is not only a safe investment object but also a profitable one.

  12. Securing the Digital Economy

    Directory of Open Access Journals (Sweden)

    Valentin P. MĂZĂREANU

    2010-01-01

    Full Text Available The Digital economy has naturally led to thereconfiguration of communication and information processes.These processes are depending on the computer, starting fromthe personal one and reaching to computer networks, whetherlocal, metropolitan or global. These led to the development ofsuch information systems able to communicate information,systems that must also ensure the security of communicationsbetween computers within the company, but also betweencomputers of different parties, outside the company. As thecommunication between computers in the network has evolvedto electronic funds transfer (EFT, digital money andcommunication of personal data, internet banking, etc., theimportance of security issues of data transmitted over thenetwork also has increased. Even more as the network hasevolved into a “wireless” one.

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

    Directory of Open Access Journals (Sweden)

    Sariatli Furkan

    2017-05-01

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

  14. MUSE: The Bank of Canada's New Projection Model of the U.S. Economy

    OpenAIRE

    Marc-André Gosselin; René Lalonde; Nicolas Parent

    2006-01-01

    Staff projections provided for the Bank of Canada's monetary policy decision process take into account the integration of Canada's very open economy within the global economy, as well as its close real and financial linkages with the United States. To provide inputs for this projection, the Bank has developed several models, including MUSE, NEUQ (the New European Quarterly Model), and BoC-GEM (Bank of Canada Global Economy Model), to analyze and forecast economic developments in the rest of t...

  15. Tourism's intimate economies

    Directory of Open Access Journals (Sweden)

    Bill Maurer

    2008-12-01

    Full Text Available [First paragraph] What’s Love Got To Do with It? Transnational Desires and Sex Tourism in the Dominican Republic. Denise Brennan. Durham NC: Duke University Press, 2004. ix + 280 pp. (Paper US$ 21.95 Behind the Smile: The Working Lives of Caribbean Tourism. George Gmelch. Bloomington: Indiana University Press, 2003. x + 212 pp. (Paper US$ 19.95 New research on Caribbean tourism solidly locates it within the regional shift from “incentive-induced exports” like bananas to “service-based exports” like data processing, offshore finance, and novel forms of mass tourism (Mullings 2004:294; Duval 2004. Earlier studies may have made mention of the similarities between plantation economies and tourism development, but new models like the all-inclusive resort demonstrate a near identity of form and structure with plantation systems: foreign dominance over ownership and profit leaves little multiplier effect for the Caribbean islands playing host to enclaved resorts. Agricultural exports have been in free fall since the end of preferential trade protocols, and export manufacturing after the North American Free Trade Agreement is in steep decline. If new service economies seemed to offer a solution to economic and social disorder, the reaction to the events of September 11, 2001 demonstrated the fragility of service-based exports and, in particular, of new kinds of tourism. It took four years for international tourism to rebound to pre-9/11 levels;1 with the perceived threat of SARS and avian flu, as well as the Iraq war and the weak U.S. dollar, official projections of the industry’s near future are “cautiously optimistic.”2

  16. COMPETITIVENESS OF MICRO AND SMALL COMPANIES IN THE PRESENCE OF FREE TRADE AGREEMENT (NAFTA)

    OpenAIRE

    Choy Zevallos, Elsa Esther; Facultad de Ciencias Contables, Universidad Nacional Mayor de San Marcos

    2014-01-01

    The participation of Micro and Small Peruvians companies (MYPES), to the recent trade liberalization, particularly the Free Trade Agreement (NAFTA), is almost nil, because it is firms that are not competitive and they face many obstacles to its development such as problems of access to markets, technological barriers and difficulties in obtaining credit facilities from the financial sector. Faced with the challenges of an Open Economy and Global, the Free Trade Agreement (NAFTA) represent a c...

  17. The Internet and Small to Medium-sized Enterprises: Research Notes

    OpenAIRE

    Lawrence, Japhet Eke

    2009-01-01

    The growth of the Internet has opened up a vast arena, providing more opportunities for businesses, particularly small to medium-sized enterprises (SMEs) to sell their products and services to a global audience than they would have been able to afford to reach using the traditional methods. SMEs are extremely important to many countries and their contribution to economy cannot be over emphasized. They are socially and economically\\ud important, since they represent 99 % of all enterprises in ...

  18. Economic Structure and Development in an Emergent Asian Economy

    DEFF Research Database (Denmark)

    Tarp, Finn; Roland-Holst, David; Rand, John

    2003-01-01

    Vietnam started a wide-ranging process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis in spite of a remarkable growth performance in recent years...

  19. The political economy of railway construction in Nigeria: the Bornu ...

    African Journals Online (AJOL)

    The political economy of railway construction in Nigeria: the Bornu railway extension. ... One key strategy employed was to side with the faction of the Nigerian petty bourgeoisie whose political, economic and class interests were in agreement with ... The 400-mile extension was eventually constructed and opened in 1964.

  20. New Economy, Old Central Banks?

    NARCIS (Netherlands)

    Berk, Jan Marc

    2002-01-01

    Proponents of the so-called New Economy claim that it entails a structural change of the economy. Such a change, in turn, would require the central bank to rethink its monetary policy to the extent that traditional relationships between inf1ation and economic growth are no longer valid. But such a

  1. Experience economy brimming with potential

    DEFF Research Database (Denmark)

    Sørensen, Flemming; Sundbo, Jon

    2014-01-01

    In these days of economic uncertainty, businesses ought to make better use of recent research into the experience economy. Perhaps co-creation and individualisation can save us from the crisis, argue the editors of a new book about the latest research into the experience economy....

  2. Learning in a credit economy

    NARCIS (Netherlands)

    Assenza, T.; Berardi, M.

    2008-01-01

    In this work we analyze a credit economy à la Kiyotaki and Moore (JPE, 1997) enriched with learning dynamics. Both borrowers and lenders need to make expectations about the future price of the collateral, and under heterogeneous learning this can have interesting con- sequences for the economy when

  3. Fuel Economy Testing and Data

    Science.gov (United States)

    EPA’s Fuel Economy pages provide information on current standards and how federal agencies work to enforce those laws, testing for national Corporate Average Fuel Economy or CAFE standards, and what you can do to reduce your own vehicle emissions.

  4. New Economy - New Policy Rules?

    NARCIS (Netherlands)

    Bullard, J.; Schaling, E.

    2000-01-01

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

  5. Entrepreneurship in the network economy

    NARCIS (Netherlands)

    F.J. de Graaf; Dr. Hugo Velthuijsen

    2009-01-01

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

  6. Interorganisational Management in Entrepreneurial Economies

    DEFF Research Database (Denmark)

    Christensen, Poul Rind; Piihl, Jesper

    2004-01-01

    In this article relationship management is defined and discussed in the context of an entrepreneurial society. Important aspects of trends in entrepreneurial economies to aspects of managerial economies. Based on a review of established management theories, it is concluded that there is a need...

  7. The Ilorin economy in the 19th century | Banwo | Nigerian Journal of ...

    African Journals Online (AJOL)

    The Ilorin economy in the 19th century. ... DOWNLOAD FULL TEXT Open Access DOWNLOAD FULL TEXT Subscription or Fee Access. The Ilorin economy in the 19th century. Adeyinko O Banwo. Abstract. No Abstract. The Nigerian Journal of Economic History Vol. 1, 1998: 129-146 ...

  8. A footprint family extended MRIO model to support Europe's transition to a One Planet Economy

    NARCIS (Netherlands)

    Galli, A.; Weinzettel, J.; Cranston, G.; Ercin, Ertug

    2013-01-01

    Currently, the European economy is using nearly three times the ecological assets that are locally available. This situation cannot be sustained indefinitely. Tools are needed that can help reverse the unsustainable trend. In 2010, an EC funded One Planet Economy Network: Europe (OPEN:EU) project

  9. Open areas and open access

    International Nuclear Information System (INIS)

    Thorndike, A.M.

    1978-01-01

    One objective of the two open areas in the present ISABELLE design is to provide flexibility with respect to the size and shape of experimental equipment that would eventually be installed there. No permanent building would be installed initially. A second objective of the design of open areas is to keep initial costs as low as practicable. Another objective is open access. This note explores this idea and some design concepts based on it. It would permit inserting large pieces of experimental equipment quickly and removing them with equal ease and speed. Entire experiments would be moved in a single piece (or a few) by building them on movable platforms with capacities of up to about 1000 tons per platform. Most experiments could be built on a single platform or on a few. The shielding must also be moved. It must also be organized into a small number of large units. A scheme using large tanks filled with water is described. It is important to make the equipment on a given platform as complete and self-contained as possible, with a minimum of interconnections for power, coolant, controls, data transmission, etc. 5 figures

  10. On (post modern economy and (non freedom

    Directory of Open Access Journals (Sweden)

    Malešević Krstan

    2005-01-01

    Full Text Available The (postmodern economy finds itself undoubtedly in the center of a large scale, radical contradictory, and uncertain current transformation of the world. Together with the (postmodern technologies it composes the dominant core of the globalizing processes, often referred to as globalization. The key features and especially the accumulated consequences of these processes pose a challenge for scientific and theoretical thought in the form of essential questions and dilemmas which are in the last instance tied to the impact of globalization on the quality and meaning of human life. This problem relates as much to individuals as it does to different social groups and human communities, that is to the entire humanity as such. This paper attempts to problematise these contradictory relationships between global corporative, economy as an instrumental value and the human liberty as a substantive i.e. the highest, value in itself (summum bonum, which gives meaning and dignity to human life. Therefore if economy in one form or another covers most of human practical activity then it is certain that it can have decisive impact on the most fundamental value of human life, that is the value of freedom (individual, general, internal and external. Of course the impact of economy can act either way - as an encouragement or, as it often happens, as a deterrent to expansion of the human freedom. This paper aims to briefly indicate some causes, characteristics and consequences of global economic processes which, in a way paradoxically, contribute more to narrowing than to opening spaces of human liberty, or simply generate proliferation of "hedonism of unfreedom". Is this another case of "surplus of knowledge" and "deficit of wisdom" that so strongly characterize our age, or something else?.

  11. A case of combined laparoscopic reduction and open preperitoneal mesh repair for incarcerated small bowel in a retroperitoneal hernia between the external and internal iliac vessels.

    Science.gov (United States)

    Morisue, R; Inaba, M; Shoji, R; Kawamoto, H

    2017-08-01

    We report a rare case of an incarcerated retroperitoneal hernia with or involving the small bowel through the orifice between the right external and internal iliac vessels. A 39-year-old woman was admitted to our hospital because of vomiting and abdominal pain. She had a history of right oophorocystectomy and appendectomy. Abdominal computed tomography revealed small bowel obstruction resulting from an incarcerated retroperitoneal hernia. The small bowel herniated into the retroperitoneal fossa through the orifice between the right external and internal iliac vessels. Laparoscopic reduction of the small bowel was performed, followed by ligation of the sac and placement of a mesh prosthesis through the preperitoneal approach, using a lower midline incision along the previous laparotomy scar. Her postoperative course was uneventful and no recurrence has been observed after surgery.

  12. Measuring Competitiveness in the World's Smallest Economies: Introducing the SSMECI

    OpenAIRE

    Wignaraja, Ganeshan; Joiner, David

    2004-01-01

    "Recent attempts to measure competitiveness across countries have typically neglected the world's smallest economies. Hence, a simple composite index, the small state manufactured export competitiveness index or SSMECI, was developed to benchmark industrial competitiveness. The SSMECI represents the first attempt to provide a comprehensive picture of the competitiveness performance of small states. The performance of small states varies across geographical regions, income groups, and country ...

  13. Informal economy as an expression of the state failure

    OpenAIRE

    Agata Kubiczek

    2010-01-01

    The article deals with the phenomenon of second economy, underground or subterranean economy, unofficial economy, unrecorded economy, informal economy, cash economy etc., which has been assessed here as a function of a given mix of economic policies.

  14. Adjuvant chemotherapy with or without bevacizumab in patients with resected non-small-cell lung cancer (E1505): an open-label, multicentre, randomised, phase 3 trial.

    Science.gov (United States)

    Wakelee, Heather A; Dahlberg, Suzanne E; Keller, Steven M; Tester, William J; Gandara, David R; Graziano, Stephen L; Adjei, Alex A; Leighl, Natasha B; Aisner, Seena C; Rothman, Jan M; Patel, Jyoti D; Sborov, Mark D; McDermott, Sean R; Perez-Soler, Roman; Traynor, Anne M; Butts, Charles; Evans, Tracey; Shafqat, Atif; Chapman, Andrew E; Kasbari, Samer S; Horn, Leora; Ramalingam, Suresh S; Schiller, Joan H

    2017-12-01

    Adjuvant chemotherapy for resected early-stage non-small-cell lung cancer (NSCLC) provides a modest survival benefit. Bevacizumab, a monoclonal antibody directed against VEGF, improves outcomes when added to platinum-based chemotherapy in advanced-stage non-squamous NSCLC. We aimed to evaluate the addition of bevacizumab to adjuvant chemotherapy in early-stage resected NSCLC. We did an open-label, randomised, phase 3 trial of adult patients (aged ≥18 years) with an Eastern Cooperative Oncology Group performance status of 0 or 1 and who had completely resected stage IB (≥4 cm) to IIIA (defined by the American Joint Committee on Cancer 6th edition) NSCLC. We enrolled patients from across the US National Clinical Trials Network, including patients from the Eastern Cooperative Oncology Group-American College of Radiology Imaging Network (ECOG-ACRIN) affiliates in Europe and from the Canadian Cancer Trials Group, within 6-12 weeks of surgery. The chemotherapy regimen for each patient was selected before randomisation and administered intravenously; it consisted of four 21-day cycles of cisplatin (75 mg/m 2 on day 1 in all regimens) in combination with investigator's choice of vinorelbine (30 mg/m 2 on days 1 and 8), docetaxel (75 mg/m 2 on day 1), gemcitabine (1200 mg/m 2 on days 1 and 8), or pemetrexed (500 mg/m 2 on day 1). Patients in the bevacizumab group received bevacizumab 15 mg/kg intravenously every 21 days starting with cycle 1 of chemotherapy and continuing for 1 year. We randomly allocated patients (1:1) to group A (chemotherapy alone) or group B (chemotherapy plus bevacizumab), centrally, using permuted blocks sizes and stratified by chemotherapy regimen, stage of disease, histology, and sex. No one was masked to treatment assignment, except the Data Safety and Monitoring Committee. The primary endpoint was overall survival, analysed by intention to treat. This trial is registered with ClinicalTrials.gov, number NCT00324805. Between June 1, 2007, and

  15. Influence of habitat structure and mouth dynamics on avifauna of intermittently-open estuaries: A study of four small South African estuaries

    Science.gov (United States)

    Terörde, Anja I.; Turpie, Jane K.

    2013-07-01

    Habitat composition was a major factor in determining waterbird species composition and abundance, particularly the area of floodplain and vegetated channel in four intermittently open estuaries (IOEs) in the warm-temperate coastal biogeographical region of South Africa. Average bird densities on the four estuaries varied from 0.5 to 4.2 birds per hectare, and community composition differed significantly between estuaries. However, the considerable variation in abundance of macrophytes did not have a detectable effect on waterbirds. Under closed mouth conditions, piscivorous birds dominated the avifauna. Each estuary's avifauna responded differently in terms of changes in feeding guild composition when the mouth opened. Bird abundance changed immediately after breaching, but not consistently. Diversity was significantly higher under open-mouth conditions for three of the four estuaries, and species composition was significantly different from that under closed-mouth conditions at all four estuaries. Changes in mouth dynamics as a result of climate change, water abstraction and artificial breaching could lead to significant changes in estuarine fauna.

  16. Perspectives on Eco Economics. Circular Economy and Smart Economy

    Directory of Open Access Journals (Sweden)

    Cristina Balaceanu

    2017-12-01

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

  17. The Political Economy of Collective Labour Legislation in Taiwan

    Directory of Open Access Journals (Sweden)

    James W. Y. Wang

    2010-01-01

    Full Text Available This article provides a seminal analysis of collective labour legislation in Taiwan. A chronological review of Taiwan’s legislative process suggests that the context of incorporation, institutional framework, mechanisms for delivering reforms, and sequence of reforms together shape the legislative outcomes of labour reforms at the collective level. While most labour legislation was revised and passed after the preceding sequence of economic transition, the reform of collective labour rights was greatly constrained by the flexible labour-market structure. In order for politicians to form new alliances with labour organizations, legislation of collective labour rights was a strategy to cultivate support during electoral periods. Consequently, the industrial relations changed following the enactment of substantial reform-oriented labour legislation. Theore-tically, the historical analysis of legislative procedure unveils evolutionary reform paths for collective labour rights in new democracies. At the same time, empirically, Taiwan demonstrates an alternative reform path in combination with incremental steps and progressive agendas. For new democracies of small economy, a window of opportunity for the progress in collective labour legislation remains open today, albeit with limitations.

  18. Experiences of Emerging Economy Firms

    DEFF Research Database (Denmark)

    Experiences of Emerging Economy Firms investigates the different elements of the experiences of emerging economy firms and sheds essential light on a large variety of aspects associated with their functioning in both home and host contexts. For example, firms must be able to overcome the liability...... of foreign and emerging issues when they expand their activities in various contexts, enter, exit, and re-enter overseas markets; they have to overcome institutional barriers, adapt the cultural challenges in foreign markets, undergo the impact of large multinational firms from developed economies...

  19. Handbook on the Experience Economy

    DEFF Research Database (Denmark)

    surrounding the nature and importance of the experience economy. The second section presents more specific topics including innovation, networks and the design of experiences. Finally, the last section explores issues such as cultural events, cuisine, theatre and video games. Moreover, the Handbook gives......This illuminating Handbook presents the state-of-the-art in the scientific field of experience economy studies. It offers a rich and varied collection of contributions that discuss different issues of crucial importance for our understanding of the experience economy. Each chapter reflects diverse...

  20. On Noncooperative Capital Income Taxation in Open Economies

    OpenAIRE

    Kenneth Kletzer

    1990-01-01

    This paper discusses the strategic use of capital income taxation and lump-sum fiscal policies for gaining national advantage in an integrated world capital market. Each fiscal authority seeks to maximize a social welfare function defined over the utilities of home country residents incorporating national redistributing objectives. A national optimum policy is to impose a non-discriminatory source-based capital income tax or subsidy along with an optimal lump-sum tax and transfer plan. Reside...

  1. Optimal commitment in an open economy : Credibility vs. flexibility

    NARCIS (Netherlands)

    Eijffinger, S.C.W.; Schaling, E.

    1995-01-01

    Using a graphical method, a new way of determining the optimal degree of central bank conservativeness is developed in this paper. Unlike Lohmann (1992) and Rogoff (1985a), we are able to express the upper and lower bounds of the interval containing the optimal degree of conservativeness in terms of

  2. Essays on economic fluctuations in an open economy

    OpenAIRE

    Halvorsen, Jørn Inge

    2009-01-01

    In assessing the present situation numerous influential international researchers have taken the view that macroeconomic researchers today largely have converged on the use of its methodology. For the study on economic fluctuations, the current research program is described to be about developing empirically validated quantitative models that can sensibly be used in counterfactual policy analysis. The first chapter of the dissertation gives an historical outline on how this research progr...

  3. For a Political Economy of Massive Open Online Courses

    Science.gov (United States)

    Hall, Richard

    2015-01-01

    In understanding the changes that are impacting the global higher education sector, developing a critique of the relationships between technology and technological innovation, new managerialism and financialisation, and the impact of the secular crisis of global capitalism is critical. Moreover, it is important to critique these changes…

  4. Inelastically scattering particles and wealth distribution in an open economy

    Czech Academy of Sciences Publication Activity Database

    Slanina, František

    2004-01-01

    Roč. 69, č. 4 (2004), 046102/1-046102/7 ISSN 1539-3755 R&D Projects: GA ČR GA202/01/1091 Institutional research plan: CEZ:AV0Z1010914 Keywords : stochastic processes * econophysics Subject RIV: BE - Theoretical Physics Impact factor: 2.352, year: 2004

  5. Designing Corporate Training in Developing Economies Using Open Educational Resources

    Science.gov (United States)

    Geith, Chris; Vignare, Karen; Bourquin, Leslie D.; Thiagarajan, Deepa

    2010-01-01

    The Food Safety Knowledge Network (FSKN) is a collaboration between Michigan State University, the Global Food Safety Initiative of the Consumer Goods Forum, and other food industry and public sector partners. FSKN's goal is to help strengthen the food industry's response to the complex food safety knowledge and training challenges that affect…

  6. Equilibrium pollution taxes in a two-sector open economy

    Energy Technology Data Exchange (ETDEWEB)

    Nannerup, N. [Faculty of Business Administration, Dept. of Economics (Denmark)

    1996-12-31

    This paper is concerned with trade strategic implications of environmental policy between two countries when there are two oligopolistic markets in each of which producers are located in a separate country. Differences in abatement cost structures between domestic firms are moreover introduced. This variant of the basic model of strategic trade makes possible an analysis of the design of optimal emission taxes across domestic sectors when countries have taken unilateral actions to reduce emission of a pollutant harming the global environment, such as CO{sub 2}. It turns out that by differentiating taxes across domestic firms governments can raise national net foreign rents in the two markets. This basic result arising between non-cooperative governments is related to recent results showing that tax-differentiation across sectors could, in fact, raise global welfare insofar as it prevents CO{sub 2} emission to relocate in countries that have no climate policy. (au) 16 refs.

  7. Monetary Policy, Determinancy and Learnability in the Open Economy

    NARCIS (Netherlands)

    Bullard, J.; Schaling, E.

    2005-01-01

    We study how determinacy and learnability of global rational expectations equilibrium may be affected by monetary policy in a simple, two country, New Keynesian framework.The two blocks may be viewed as the U.S. and Europe, or as regions within the euro zone.We seek to understand how monetary policy

  8. "Open Economy Macroeconomics Using Models of Closed Systems"

    OpenAIRE

    Wynne Godley

    1999-01-01

    The following paper presents a series of two-country models, each of which makes up a whole world. The models are all based on a rigorous and watertight system of stock and flow accounts and can be used to generate numerical simulations of the way in which of the whole system evolves through time on various assumptions regarding institutions, policies, and behavioral responses. The paper emphasizes that the supply of internationally traded assets is as important as demand in the determination...

  9. Monetary Policy and the Taylor Principle in Open Economies

    NARCIS (Netherlands)

    Linnemann, L.; Schabert, A.

    2006-01-01

    Nowadays, central banks mostly conduct monetary policy by setting nominal interest rates. A widely held view is that central banks can stabilize inflation if they follow the Taylor principle, which requires raising the nominal interest rate more than one-for-one in response to higher inflation. Is

  10. Digitalizing the Circular Economy

    Science.gov (United States)

    Reuter, Markus A.

    2016-12-01

    Metallurgy is a key enabler of a circular economy (CE), its digitalization is the metallurgical Internet of Things (m-IoT). In short: Metallurgy is at the heart of a CE, as metals all have strong intrinsic recycling potentials. Process metallurgy, as a key enabler for a CE, will help much to deliver its goals. The first-principles models of process engineering help quantify the resource efficiency (RE) of the CE system, connecting all stakeholders via digitalization. This provides well-argued and first-principles environmental information to empower a tax paying consumer society, policy, legislators, and environmentalists. It provides the details of capital expenditure and operational expenditure estimates. Through this path, the opportunities and limits of a CE, recycling, and its technology can be estimated. The true boundaries of sustainability can be determined in addition to the techno-economic evaluation of RE. The integration of metallurgical reactor technology and systems digitally, not only on one site but linking different sites globally via hardware, is the basis for describing CE systems as dynamic feedback control loops, i.e., the m-IoT. It is the linkage of the global carrier metallurgical processing system infrastructure that maximizes the recovery of all minor and technology elements in its associated refining metallurgical infrastructure. This will be illustrated through the following: (1) System optimization models for multimetal metallurgical processing. These map large-scale m-IoT systems linked to computer-aided design tools of the original equipment manufacturers and then establish a recycling index through the quantification of RE. (2) Reactor optimization and industrial system solutions to realize the "CE (within a) Corporation—CEC," realizing the CE of society. (3) Real-time measurement of ore and scrap properties in intelligent plant structures, linked to the modeling, simulation, and optimization of industrial extractive process

  11. Tourism, the Future of Economy in Albania

    Directory of Open Access Journals (Sweden)

    Arjana Kadiu

    2016-03-01

    Full Text Available Tourism is one of the main pillars of economy for many countries in the world. It influences the economy and offers more employment possibilities every year. Mediterranean countries have a favorable, geographical position and climate to develop tourism. Most of these countries, have obtained higher incomes from this industry, and as a result, more prosperity and economic development. Today, about 30 % of the world’s tourists spend their vacations in the Mediterranean Region. Albania is one of these countries and it has great possibilities for the future.The nature of Albania, it’s geographical position and its panorama, the climatic and physical diversity of its territory, represent some of its rich resources and strengthness. Previously, Albania’s economy depended in agriculture and small industries. After the 90-s, when many citizens left the country, the situation changed and even that source of income became inconsiderable. Heavy or textile industry, were hardly developed. Tourism was hardly developed too. Only few investments were made in this sector. In October 2012, EU Commission recommended Albania to be granted the EU candidate status. Therefore, Albania’s economy has to be developed according to EU standards. In this paper we would like to assess, which may be some important and effective innovative management strategies for Albania’s tourism. What are some of the steps to follow in this direction? The article aims to make a comparison with Greece and Montenegro, as reference points, in order to understand these countries’ touristic strategies and try to adapt some of them or think about new effective ones. It aims to provide a profile that shows; strengths, weaknesses, opportunities and threats. The study will be based in official statistics and scientific literature. The study concludes that the economic benefits of tourism are considerable, immediate and there are many new ways to activate the natural sources of Albania.

  12. Running economy and delayed onset muscle soreness.

    Science.gov (United States)

    Calbet, J A; Chavarren, J; Dorado, C

    2001-03-01

    The main purpose of this study was to test the effects of a duathlon competition on running economy. METHODS. A prospective study. University. nine male and six female physical education students, which mean (SEM) age was 24.0 (1.3) years. Subjects participated in two competitive duathlons: D1 and D2 (5 km running + 16 km cycling + 2 km running). Before D1, an incremental exercise test on the treadmill was performed to determine the V O2max, the running speed at exhaustion (vmax), and the V O2, as well as the running speed (u) attained at the first and second ventilatory threshold (V O2V T1, uV T1, V O2V T2, uV T2). Two days later running economy (RE1) was assessed at four different speeds corresponding to 58, 63, 67 and 71% of the umax. During the following six weeks the subjects trained 4 days a week, running all them 210 km in total. At the end of the training program the incremental exercise test and the duathlon competition were repeated (D2). Two and seven days after the second duathlon running economy was measured again (RE2 and RE3, respectively). Small, but significant improvements were observed in duathlon performance, V O2max, umax, uV T1, V O2V T2 and uV T2, after training. Two days after D2 the oxygen cost of running was approximately 5% higher than seven days after D2 (p exchange ratio increased by approximately 0.04 units between RE2 and RE3 (p rate, V CO2 and V E/V CO2. This study shows that two days after a duathlon competition running economy is impaired, however, seven days after the competition the oxygen cost of running is restored.

  13. Livelihoods and the economy

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

    Today her fast-growing company, Special Foods. Industry International, is Egypt's leading manufacturer and exporter of olives, olive oil, and pickled vegetables. Starting small, by 2008 El Sheridy had 80 employees and annual sales of CA$4 million. “The amount of time and the cost of starting a business is way down,” says.

  14. Why the New Economy is a Learning Economy

    DEFF Research Database (Denmark)

    Lundvall, Bengt-Åke

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

  15. Fuel Economy Label and CAFE Data

    Data.gov (United States)

    U.S. Environmental Protection Agency — The Engine and Vehicle Compliance Certification and Fuel Economy Inventory contains measured emissions and fuel economy compliance information for light duty...

  16. Open Chemistry: Realizing Open Data, Open Standards, and Open Source

    OpenAIRE

    Hanwell, Marcus; Harris, Chris; Lonie, David; Lutz, Kyle; Cole, David

    2012-01-01

    The Blue Obelisk has brought together the computational chemistry community and those who are passionate about Open Chemistry and realizing the promise of Open Data, Open Standards, and Open Software (ODOSOS); the three pillars the group promotes. We will present current work that has taken place over the past five years, which is inspired by these pillars, and present plans for future work.The group is actively engaged in multiple open source projects that rely on and promote open standards ...

  17. MARKETING IMPLICATION IN WINE ECONOMY

    Directory of Open Access Journals (Sweden)

    Ştefan MATEI

    2014-11-01

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

  18. From Enclave to Linkage Economies?

    DEFF Research Database (Denmark)

    Hansen, Michael W.

    If African developing countries are to benefit fully from the current boom in foreign direct investment (FDI) in extractives (i.e. mining and oil/gas), it is essential that the foreign investors foster linkages to the local economy. Traditionally, extractive FDI in Africa has been seen as the enc......If African developing countries are to benefit fully from the current boom in foreign direct investment (FDI) in extractives (i.e. mining and oil/gas), it is essential that the foreign investors foster linkages to the local economy. Traditionally, extractive FDI in Africa has been seen...... as the enclave economy par excellence, moving in with fully integrated value chains, extracting resources and exporting them as commodities having virtually no linkages to the local economy. However, new opportunities for promoting linkages are offered by changing business strategies of local African enterprises...

  19. Iraq's Economy: Past, Present, Future

    National Research Council Canada - National Science Library

    Sanford, Jonathan E

    2003-01-01

    .... Iraq's industrial sector was created, in large part, as a result of government efforts to diversify the economy through economic development projects using the proceeds from Iraq's oil wealth and borrowed funds...

  20. Opening of small and intermediate calcium-activated potassium channels induces relaxation mainly mediated by nitric-oxide release in large arteries and endothelium-derived hyperpolarizing factor in small arteries from rat

    DEFF Research Database (Denmark)

    Stankevicius, Edgaras; Dalsgaard, Thomas; Kroigaard, Christel

    2011-01-01

    This study was designed to investigate whether calcium-activated potassium channels of small (SK(Ca) or K(Ca)2) and intermediate (IK(Ca) or K(Ca)3.1) conductance activated by 6,7-dichloro-1H-indole-2,3-dione 3-oxime (NS309) are involved in both nitric oxide (NO) and endothelium-derived hyperpolar......This study was designed to investigate whether calcium-activated potassium channels of small (SK(Ca) or K(Ca)2) and intermediate (IK(Ca) or K(Ca)3.1) conductance activated by 6,7-dichloro-1H-indole-2,3-dione 3-oxime (NS309) are involved in both nitric oxide (NO) and endothelium...... in human umbilical vein endothelial cells (HUVECs), and calcium concentrations were investigated in both HUVECs and mesenteric arterial endothelial cells. In both superior (∼1093 μm) and small mesenteric (∼300 μm) arteries, NS309 evoked endothelium- and concentration-dependent relaxations. In superior....... In small mesenteric arteries, NS309 relaxations were reduced slightly by ADMA, whereas apamin plus an IK(Ca) channel blocker almost abolished relaxation. Iberiotoxin did not change NS309 relaxation. HUVECs expressed mRNA for SK(Ca) and IK(Ca) channels, and NS309 induced increases in calcium, outward...

  1. The Underground Economy in Romania

    Directory of Open Access Journals (Sweden)

    Cleopatra Sendroiu

    2006-07-01

    Full Text Available Underground economic activities exist in most countries around the world, and they usually have the same causes: inadequate tax systems, excessive state interference in the economy and the lack of coordination in establishing economic policies. Through this paper, we aim to offer certain recommendations, which, in our opinion, would lead to solving the issue of inadequate allocation of resources and would also contribute to restoration of the worldwide economy.

  2. Competitiveness Evaluation of Slovenian Economy

    OpenAIRE

    Art Kovacic

    2007-01-01

    Evaluation of competitiveness became an important instrument for balancing the development process of the economy. For Slovenia it is important tool for policy creation. Benchmarking with more developed countries shows us the right directions of development process. Competitiveness can be analysed from different sides. Existed studies have focused on several different analytical levels: product, firm, industry cluster, region and nation. The most successful economies are raising the skill con...

  3. Stockholm: green economy leader report

    OpenAIRE

    Graham Floater; Philipp Rode; Dimitri Zenghelis

    2013-01-01

    Stockholm is a leading city for green economic growth. Despite the global downturn, the city’s low carbon economy remains highly competitive and well positioned for driving sustained growth in the medium to long term. This report, produced in partnership with the City of Stockholm, shows that Stockholm took early action to build a green economy – unlike most cities, environmental policies have been important to Stockholm for over 40 years. At the same time, early infrastructure investment suc...

  4. Assessment of density functional theory for bonds formed between rare gases and open-shell atoms: a computational study of small molecules containing He, Ar, Kr and Xe.

    Science.gov (United States)

    Bertolus, Marjorie; Major, Mohamed; Brenner, Valérie

    2012-01-14

    The validity of the description of the DFT approximations currently implemented in plane wave DFT codes (LDA, GGA, meta-GGA, hybrid, GGA + empirical dispersion correction) for interactions between rare gases and open-shell atoms which form materials is poorly known. We have performed a first assessment of the accuracy of these functionals for the description of the bonds formed by helium, argon, krypton and xenon with various open-shell atoms. This evaluation has been done on model molecular systems for which precise experimental data are available and reference post-Hartree-Fock calculations (CCSD(T) using large basis sets) are feasible. The results show that when the rare gas atom shares density with the neighbouring atoms, the GGA functionals yield good geometries and qualitatively correct binding energies, even if these are quite significantly overestimated. The use of hybrid functionals enables us to obtain good geometries and satisfactory binding energies. For compounds in which the rare gas atom forms weak dispersive-like bonding, the accuracy yielded by the various functionals is not as good. No functional gives satisfactory binding energies for all the compounds investigated. Several GGA and hybrid functionals yield correct geometries, even if some isomers are not obtained. One GGA functional (PBE) yields qualitatively correct results for the compounds of the three rare gases and several hybrid functionals give satisfactory energies for He compounds. The addition of an empirical dispersive correction improves the results on association compounds, but several isomers are not found.

  5. Assessment of density functional theory for bonds formed between rare gases and open-shell atoms: a computational study of small molecules containing He, Ar, Kr and Xe

    International Nuclear Information System (INIS)

    Bertolus, Marjorie; Major, Mohamed; Brenner, Valerie

    2012-01-01

    The validity of the description of the DFT approximations currently implemented in plane wave DFT codes (LDA, GGA, meta-GGA, hybrid, GGA + empirical dispersion correction) for interactions between rare gases and open-shell atoms which form materials is poorly known. We have performed a first assessment of the accuracy of these functionals for the description of the bonds formed by helium, argon, krypton and xenon with various open-shell atoms. This evaluation has been done on model molecular systems for which precise experimental data are available and reference post-Hartree-Fock calculations (CCSD(T) using large basis sets) are feasible. The results show that when the rare gas atom shares density with the neighbouring atoms, the GGA functionals yield good geometries and qualitatively correct binding energies, even if these are quite significantly overestimated. The use of hybrid functionals enables us to obtain good geometries and satisfactory binding energies. For compounds in which the rare gas atom forms weak dispersive-like bonding, the accuracy yielded by the various functionals is not as good. No functional gives satisfactory binding energies for all the compounds investigated. Several GGA and hybrid functionals yield correct geometries, even if some isomers are not obtained. One GGA functional (PBE) yields qualitatively correct results for the compounds of the three rare gases and several hybrid functionals give satisfactory energies for He compounds. The addition of an empirical dispersive correction improves the results on association compounds, but several isomers are not found. (authors)

  6. Social Economy: Challenges and Opportunities

    Directory of Open Access Journals (Sweden)

    Ioan HOSU

    2012-06-01

    Full Text Available The present article addresses a topic of interest for both the public sector and the nonprofit sector, namely that of the innovative practices of social economy. Diverse practices and models of social economy are increasingly present in the Romanian community, this being the reason why it is important to study the major coordinates of social economy and social entrepreneurship identified by means of an empirical research done in Romania. Social economy is considered one of the most important innovative strategy approaches as this sector may contribute to some efforts done for the elimination of poverty and the re-launching of local economies. The integration of the identified elements in regional programs and public policies is the starting point of the strategic approaches regarding reform in public administration. Social economy can be an example of joint action for public and private organizations and institutions interested in carrying out community projects based on inclusive, participative and innovative forms of community development.

  7. The Knowledge Economy

    Science.gov (United States)

    Gonçalves, Bruno; Perra, Nicola; Ciulla, Fabio; Zhang, Qian; Vespignani, Alessandro

    2013-03-01

    Although the study of scientific and citation networks is well developed, the way in which ideas and concepts flow between scientific groups scattered around the world is still an open problem. We take a first step in this direction by using the citation patterns over the course of decades to shed light on how areas and fields in the general area of physics have evolved both temporally and geographically. By geocoding the affiliations associated with each article published by the APS journals to the country level, and by borrowing concepts from the field of economics and international trade we can explore how ideas produced in one country are exported, through citations, to other countries. An objective way of ranking countries based on their contributions to the overall scientific effort is also proposed as well as a map of how the different subfields of Physics are related to each other.

  8. Finnish economy and alternatives available to the forest sector

    International Nuclear Information System (INIS)

    Maeenpaeae, I.; Maennistoe, J.

    1993-01-01

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

  9. Older Runners Retain Youthful Running Economy despite Biomechanical Differences.

    Science.gov (United States)

    Beck, Owen N; Kipp, Shalaya; Roby, Jaclyn M; Grabowski, Alena M; Kram, Rodger; Ortega, Justus D

    2016-04-01

    Sixty-five years of age typically marks the onset of impaired walking economy. However, running economy has not been assessed beyond the age of 65 yr. Furthermore, a critical determinant of running economy is the spring-like storage and return of elastic energy from the leg during stance, which is related to leg stiffness. Therefore, we investigated whether runners older than 65 yr retain youthful running economy and/or leg stiffness across running speeds. Fifteen young and 15 older runners ran on a force-instrumented treadmill at 2.01, 2.46, and 2.91 m·s(-1). We measured their rates of metabolic energy consumption (i.e., metabolic power), ground reaction forces, and stride kinematics. There were only small differences in running economy between young and older runners across the range of speeds. Statistically, the older runners consumed 2% to 9% less metabolic energy than the young runners across speeds (P = 0.012). Also, the leg stiffness of older runners was 10% to 20% lower than that of young runners across the range of speeds (P = 0.002), and in contrast to the younger runners, the leg stiffness of older runners decreased with speed (P economy despite biomechanical differences. It may be that vigorous exercise, such as running, prevents the age related deterioration of muscular efficiency and, therefore, may make everyday activities easier.

  10. Knowledge Externalities, Agglomeration Economies, and Employment Growth in Dutch Cities

    NARCIS (Netherlands)

    van Soest, D.P.; Gerking, S.D.; van Oort, F.G.

    2002-01-01

    This paper extends the work of Glaeser et al.(1992) by looking at effects of agglomeration economies on employment growth in Dutch city-industries and in very small (postal) zip code-industries in the Dutch province of South-Holland. At both levels of geographic detail, findings are broadly

  11. Scale Economies in Public Education: Evidence from School Level Data.

    Science.gov (United States)

    Bowles, Tyler J.; Bosworth, Ryan

    2002-01-01

    Begins with a discussion of cost and efficiency in education. Presents an empirical model to estimate school-level economies of scale. Applies model to expenditure data set by school from 17 Wyoming school districts. Finds that it costs more per student in a small school than in large schools to achieve similar educational outcomes, thus…

  12. Input versus output taxation in an experimental international economy

    NARCIS (Netherlands)

    Riedl, A.; van Winden, F.

    2012-01-01

    This paper presents the results of a policy oriented macroeconomic experiment involving an ‘international’ economy with a relatively small ‘home’ country and a large ‘foreign’ country. It compares the economic performance of two alternative tax systems: a wage tax system and a

  13. Feature economy vs. logical complexity in phonological pattern learning

    NARCIS (Netherlands)

    Seinhorst, K.T.

    Complexity has been linked to ease of learning. This article explores the roles of two measures of complexity – feature economy and logical complexity – in the acquisition of sets of signs, taken from a small sign language that serves as an analogue of plosive inventories in spoken language. In a

  14. Evaluating Energy Efficiency Policies with Energy-Economy Models

    Energy Technology Data Exchange (ETDEWEB)

    Mundaca, Luis; Neij, Lena; Worrell, Ernst; McNeil, Michael A.

    2010-08-01

    The growing complexities of energy systems, environmental problems and technology markets are driving and testing most energy-economy models to their limits. To further advance bottom-up models from a multidisciplinary energy efficiency policy evaluation perspective, we review and critically analyse bottom-up energy-economy models and corresponding evaluation studies on energy efficiency policies to induce technological change. We use the household sector as a case study. Our analysis focuses on decision frameworks for technology choice, type of evaluation being carried out, treatment of market and behavioural failures, evaluated policy instruments, and key determinants used to mimic policy instruments. Although the review confirms criticism related to energy-economy models (e.g. unrealistic representation of decision-making by consumers when choosing technologies), they provide valuable guidance for policy evaluation related to energy efficiency. Different areas to further advance models remain open, particularly related to modelling issues, techno-economic and environmental aspects, behavioural determinants, and policy considerations.

  15. Beyond the current political economy of competence development

    DEFF Research Database (Denmark)

    Olesen, Henning Salling

    2013-01-01

    of learning for work. This opens a new arena of political struggle over the direction of learning processes and the participation of workers in work and society. The socio-economic realities and a new understanding of the interrelationship between knowledge, skills, learning and practice central...... to the competence concept, raises a potential issue about the role of work and the living worker in a capitalist economy. This requires a re-development of the notion of economy based in the value and interest of working people, and enabled by the full development of the competences of the workers themselves....... A notion of the “political economy of working people” is proposed as a framework for investigating the potentials of competence development for enhanced democracy....

  16. Political Economy, the Internet and FL/OSS Development

    Science.gov (United States)

    Mansell, Robin; Berdou, Evangelia

    Despite the growing amount of research on Free/Libre/Open Source Software (FL/OSS) development, there is little insight into how structural factors associated with institutions influence the patterns of software developer activity in this area. This article examines some of the dynamics of the development of this type of software and the extent to which these dynamics are associated with features of the gift economy as is frequently suggested in the literature. Drawing on an empirical analysis of contributors to the GNOME FL/OSS project, we suggest that greater attention should be given to the emergence of a mixed economy in which features of the exchange economy come to the fore with implications for the power relationships among those contributing to FL/OSS.

  17. Towards a solidarity economy zakat Decrease poverty vs economic growth

    Directory of Open Access Journals (Sweden)

    Mébarek BOUBLAL

    2015-02-01

    Full Text Available Historically, inequalities in the distribution of goods between men existed. Different economic policies have been developed in order to solve not only the problem of inequality, but also that of unemployment. The statistics speak for themselves; despite efforts provided, no solution has been able to solve this twofold problem. Indeed, we must understand that today's economy is primarily responsible for capital growth; support social policy is the responsibility of the welfare state. Policies such as the single tax , or flat tax and the social economy, or non profit sector, have emerged but not able to reconcile the dilemma posed by the management of the social side with economic growth and to help grow the capital. Consideration of zakat as a social economic system, or zakat solidarity economy, provides an opening to a third way. This pathway is ale to support the reduction of inequalities in redistribution and unemployment, without jeopardizing economic growth.

  18. Doing Business Economy Profile 2017 : Australia

    OpenAIRE

    World Bank Group

    2016-01-01

    This economy profile presents the Doing Business indicators for Australia. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2017 is the 14th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing...

  19. Competitiveness of chinese socialist market economy

    Directory of Open Access Journals (Sweden)

    Henry Ernesto Turner Barragán

    2015-08-01

    Full Text Available The article analyzes the dynamics held by the Chinese economy becomes, since it happened to be a communist to a capitalist economy and social market economy. Being in the latter, in which the country achieved high rates of economic growth, and improve their competitiveness pillars, generating higher growth prospects in the economy and the income of the society.

  20. Sustainable degrowth through more amateur economy

    DEFF Research Database (Denmark)

    Nørgaard, Jørgen

    2010-01-01

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

  1. THE NEW ECONOMY AND THE ECONOMY OF TOURISM

    Directory of Open Access Journals (Sweden)

    MIRELA MAZILU

    2011-01-01

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

  2. Economy or chrematistics: Serbian case

    Directory of Open Access Journals (Sweden)

    Anđelković Petar M.

    2015-01-01

    Full Text Available The nations are worth as much as it is worth their economies. In today's global world, people gain or lose independence primarily by how successful their economy is . Of course, freedom and independence of a people is defended in all fields, but the economic success is the key to success to all the rest. A society that is for us and the former socialist countries, termed transition, represents a return to predatory capitalism and the way in hypocritical, orchestrated democracy; it is now the world of lasting evil and bigger injustice that undermine the state and relentlessly pushing them into ,,peripheral capitalism' (Ljubisa Mitrovic. The word 'economy' is of Greek origin and translated into our language it means' skill of housekeeping (economy'. What we habitually continue to call economy in the world today and in Serbia, we can not call the skill of keeping. The term 'economy' has long been superseded, in his place is the term 'chrematistics' also a word of Greek origin that means inserted enrichment. This term in use is introduced by Aristotle. This ancient philosopher emphasized that the economy and chrematistics are antipodes and that chrematistics destructive to society. By its nature, it leads to the destruction of the economy. Practically, it can be called 'destroyers skill of keeping the economy.' Today in the world and Serbia do not have the economy, we have chrematistics (speculation on commodity markets , pyramid schemes, the development of the securities market , games on the stock market ... . Chrematistics the trick word, and that's why we can replace it with the term 'casino-economy.' A new form of monarchy, which is expressed as a new imperialism, is not based on ' cunning mind' (Hegel and the 'spirit of the law' ( Montesquieu , but the 'cunning of the economy', which is dominated by raw (Hobbes laws of the market and where the economy becomes policies. Figure of societies of Eastern Europe, where the neoliberal social

  3. Model Year 2012 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2011-11-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  4. Model Year 2011 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2010-11-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  5. Model Year 2013 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2012-12-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  6. Model Year 2017 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2016-11-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  7. Model Year 2018 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2017-12-07

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  8. Differential regulation of hepatitis B virus core protein expression and genome replication by a small upstream open reading frame and naturally occurring mutations in the precore region.

    Science.gov (United States)

    Zong, Li; Qin, Yanli; Jia, Haodi; Ye, Lei; Wang, Yongxiang; Zhang, Jiming; Wands, Jack R; Tong, Shuping; Li, Jisu

    2017-05-01

    Hepatitis B virus (HBV) transcribes two subsets of 3.5-kb RNAs: precore RNA for hepatitis B e antigen (HBeAg) expression, and pregenomic RNA for core and P protein translation as well as genome replication. HBeAg expression could be prevented by mutations in the precore region, while an upstream open reading frame (uORF) has been proposed as a negative regulator of core protein translation. We employed replication competent HBV DNA constructs and transient transfection experiments in Huh7 cells to verify the uORF effect and to explore the alternative function of precore RNA. Optimized Kozak sequence for the uORF or extra ATG codons as present in some HBV genotypes reduced core protein expression. G1896A nonsense mutation promoted more efficient core protein expression than mutated precore ATG, while a +1 frameshift mutation was ineffective. In conclusion, various HBeAg-negative precore mutations and mutations affecting uORF differentially regulate core protein expression and genome replication. Copyright © 2017 Elsevier Inc. All rights reserved.

  9. Dynamic systems of regional economy management optimization

    Science.gov (United States)

    Trofimov, S.; Kudzh, S.

    enterprises taxes, etc. What purposes are the specified methods applied to? The regional companies management and their reforming. One of the major directions - transformation of the enterprises into the viable industrial companies, an effective economic structures formation. In this connection, the technology of financial streams management allows to solve another important problem. The created (or reorganized) structure can be checked up in various economic modes even before practical realization of the project. The received data can be applied to an indicative plans substantiation and control over their performance. They can be used at negotiations with the enterprises heads, which are spent for interests of a regional industrial policy. Such approach can become base for concrete (as figures, plans and schemes) coordination of long-term investment priorities of the largest firms and companies, their production programs coordination, the mutual markets formation and the cooperation communications stabilization, payment chains, the social and economic development programs creation. It opens opportunities for the regional branches, enterprises, the major economic centers coordinated management. An effective planning of price pools, investment programs, the control over tax revenues and financial streams becomes possible. All this are necessary elements of a regional authorities economic policy. The offered approach considerably surpasses by it's efficiency auditor, "paper" or traditional computer technology. Bulky computer centers are not capable to cope with the given class problems. At the same time the small mobile commissions of experts "armed" with modern intellectual technologies, are capable to solve rather scale analytical problems. On the basis of the offered methods can be generated means of automation of the regional industrial complex development management. They are focused on concrete objects of various scale: territorial complexes, branches, groups of the

  10. The symbolic economy of drugs.

    Science.gov (United States)

    Lentacker, Antoine

    2016-02-01

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

  11. Open Data and Beyond

    Directory of Open Access Journals (Sweden)

    Frederika Welle Donker

    2016-04-01

    Full Text Available In recent years, there has been an increasing trend of releasing public sector information as open data. Governments worldwide see the potential benefits of opening up their data. The potential benefits are more transparency, increased governmental efficiency and effectiveness, and external benefits, including societal and economic benefits. The private sector also recognizes potential benefits of making their datasets available as open data. One such company is Liander, an energy network administrator in the Netherlands. Liander views open data as a contributing factor to energy conservation. However, to date there has been little research done into the actual effects of open data. This research has developed a monitoring framework to assess the effects of open data, and has applied the framework to Liander’s small-scale energy consumption dataset.

  12. The Political Economy of Federally Sponsored Data

    Directory of Open Access Journals (Sweden)

    Bart Ragon

    2013-11-01

    Full Text Available Librarian involvement in the Open Access (OA movement has traditionally focused on access to scholarly publications. Recent actions by the White House have focused attention on access on the data produced from federally sponsored research. Questions have emerged concerning access to the output of federally sponsored research and whether it is a public or private good. Understanding the political battle over access to federally funded research is closely tied to the ownership of the peer review process in higher education and associated revenue streams, and as a result, interest groups seeking to influence government regulation have politicized the issues. As a major funder of research in higher education, policies from the federal government are likely to drive change in research practices at higher education institutions and impact library services. The political economy of federally sponsored research data will shape research enterprises in higher education inspire a number of new services distributed throughout the research life cycle.

  13. Internet Politics in an Information economy

    Directory of Open Access Journals (Sweden)

    Jon Marshall

    2003-01-01

    Full Text Available It is argued that models of the "new" Information economy are in many ways incompatible with the more free wheeling modes of exchange which were part of the traditions of online society. The so called "hacker ethic" built around the prestation of open or free software seems to be under challenge, and not, as Pekka Himanen suggests, the forerunner of a new freer society. Knowledge workers may not be particularly powerful, or part of any kind of democratic vanguard. A contestation over types of property is occurring and apparently being won by the corporate sector. Furthermore it seems the "information society" may favour inaccuracies and certainty in information, rather than a kind of problem solving democracy based on factuality. As a result expectations that the Internet may lead to a revitalisation of democracy, or discussion, are probably over optimistic.

  14. Oil and the political economy of energy

    Energy Technology Data Exchange (ETDEWEB)

    Matutinovic, Igor [GfK-Center for Market Research, Zagreb (Croatia)

    2009-11-15

    The key issues concerning oil exploitation are still open for discussion: there is no agreement about where we presently stand in the world oil extraction curve, what is its exact shape, and how far can oil price grow before it changes irreversibly the world economy and consumer behavior. The paper proposes an alternative scenario to the Hubbert's bell-shaped model of oil exploitation, based on more realistic assumptions regarding political agendas in oil-exporting countries and consumer behavior dynamics in oil-importing countries. Under this scenario, the joint impact of markets and public policy in oil importing countries together with 'resource pragmatism' policy in oil-exporting countries allows for a less steep oil supply curve with a much fatter tail compared to the Hubbert's model. (author)

  15. Oil and the political economy of energy

    International Nuclear Information System (INIS)

    Matutinovic, Igor

    2009-01-01

    The key issues concerning oil exploitation are still open for discussion: there is no agreement about where we presently stand in the world oil extraction curve, what is its exact shape, and how far can oil price grow before it changes irreversibly the world economy and consumer behavior. The paper proposes an alternative scenario to the Hubbert's bell-shaped model of oil exploitation, based on more realistic assumptions regarding political agendas in oil-exporting countries and consumer behavior dynamics in oil-importing countries. Under this scenario, the joint impact of markets and public policy in oil importing countries together with 'resource pragmatism' policy in oil-exporting countries allows for a less steep oil supply curve with a much fatter tail compared to the Hubbert's model.

  16. 49 CFR 537.9 - Determination of fuel economy values and average fuel economy.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 6 2010-10-01 2010-10-01 false Determination of fuel economy values and average fuel economy. 537.9 Section 537.9 Transportation Other Regulations Relating to Transportation... ECONOMY REPORTS § 537.9 Determination of fuel economy values and average fuel economy. (a) Vehicle...

  17. A Small Disc Area Is a Risk Factor for Visual Field Loss Progression in Primary Open-Angle Glaucoma: The Glaucoma Stereo Analysis Study

    Directory of Open Access Journals (Sweden)

    Yasushi Kitaoka

    2018-01-01

    Full Text Available Purpose. The Glaucoma Stereo Analysis Study, a cross-sectional multicenter collaborative study, used a stereo fundus camera (nonmyd WX to assess various morphological parameters of the optic nerve head (ONH in glaucoma patients. We compared the associations of each parameter between the visual field loss progression group and no-progression group. Methods. The study included 187 eyes of 187 patients with primary open-angle glaucoma or normal-tension glaucoma. We divided the mean deviation (MD slope values of all patients into the progression group (<−0.3 dB/year and no-progression group (≧−0.3 dB/year. ONH morphological parameters were calculated with prototype analysis software. The correlations between glaucomatous visual field progression and patient characteristics or each ONH parameter were analyzed with Spearman’s rank correlation coefficient. Results. The MD slope averages in the progression group and no-progression group were −0.58 ± 0.28 dB/year and 0.05 ± 0.26 dB/year, respectively. Among disc parameters, vertical disc width (diameter, disc area, cup area, and cup volume in the progression group were significantly less than those in the no-progression group. Logistic regression analysis revealed a significant association between the visual field progression and disc area (odds ratio 0.49/mm2 disc area. Conclusion. A smaller disc area may be associated with more rapid glaucomatous visual field progression.

  18. INSTITUTIONAL TRANSFORMATIONS TO ECONOMY OF THE URAL FEDERAL DISTRICT

    Directory of Open Access Journals (Sweden)

    S.I. Mayer

    2007-06-01

    Full Text Available Economy of the Ural federal district is characterized by appreciable institutional transformations. First of all, it concerns arrival on the market new and leaving from the market of the old enterprises and the organizations, that, alongside with other factors, defines growth of competitiveness of regions. The processes of development of small business, strengthening of market positions of the organizations with participation of the foreign capital, activisation of the market of merges and absorption of the companies operate also in the same direction. Noted tendencies are characteristic for economy of all Russia. However regional features, as between federal districts, and subjects of Federation are kept also.

  19. Ecodesign for a Circular Economy

    DEFF Research Database (Denmark)

    Bundgaard, Anja Marie

    The Earth is a closed system and with the exception of energy, the resources available to us are finite, but our consumption and productions systems are typically linear systems where resources are extracted, used and wasted. The circular economy is proposed as an alternative and is defined...... as a consumption and production system based on closed loops that minimise resources, energy flows and environmental degradation. In this PhD thesis, I have examined how ecodesign can close the material loops in the circular economy for electrical and electronic equipment. The study examines how to improve...... be necessary to develop both product and company specific guidelines. The analysis revealed that activities or product attributes of importance to a circular economy are not solely driven by ecodesign....

  20. Radiation processing and market economy

    International Nuclear Information System (INIS)

    Zagorski, Z.P.

    1998-01-01

    In the system of totalitarian economy, regulated by bureaucracy, the real value of equipment, materials and services is almost completely unknown, what makes impossible the comparison of different technologies, eliminates competition, disturbs research and development. With introduction of market economy in Central and Eastern Europe, the radiation processing has lost doubtful support, becoming an independent business, subject to laws of free market economy. Only the most valuable objects of processing have survived that test. At the top of the list are: radiation sterilization of medical equipment and radiation induced crosslinking of polymers, polyethylene in particular. New elements of competition has entered the scene, as well as questions of international regulations and standards have appeared

  1. Optimization in a Networked Economy

    Directory of Open Access Journals (Sweden)

    Ahmet Sekreter

    2017-10-01

    Full Text Available An age of network has been living for the last decades. The information technologies have been used by hundreds of millions of users. These technologies are enabling to connect businesses and economic activities. One of the characteristics of the networked economy is the amount of data that produced due to the interlinking of firms, individuals, processes by businesses, and economic activities. Another issue with the networked economy is the complexity of the data. Extraction of the knowledge from the networked economy has challenges by the traditional approach since data is large scale, second decentralized, and third they connect many heterogeneous agents. The challenges can be overcome by the new optimization methods including human element or the social interactions with technological infrastructure.

  2. Effect of Intake Air Filter Condition on Vehicle Fuel Economy

    Energy Technology Data Exchange (ETDEWEB)

    Norman, Kevin M [ORNL; Huff, Shean P [ORNL; West, Brian H [ORNL

    2009-02-01

    fuel economy with increasing restriction. However, the level of restriction required to cause a substantial (10-15%) decrease in fuel economy (such as that cited in the literature) was so severe that the vehicle was almost undrivable. Acceleration performance on all vehicles was improved with a clean air filter. Once it was determined how severe the restriction had to be to affect the carbureted vehicle fuel economy, the 2007 Buick Lucerne was retested in a similar manner. We were not able to achieve the level of restriction that was achieved with the 1972 Pontiac with the Lucerne. The Lucerne's air filter box would not hold the filter in place under such severe conditions. (It is believed that this testing exceeded the design limits of the air box.) Tests were conducted at a lower restriction level (although still considerably more severe than the initial clogged filter testing), allowing the air filter to stay seated in the air box, and no significant change was observed in the Lucerne's fuel economy or the AFR over the HFET cycle. Closed-loop control in modern fuel injected vehicle applications is sophisticated enough to keep a clogged air filter from affecting the vehicle fuel economy. However for older, open-loop, carbureted vehicles, a clogged air filter can affect the fuel economy. For the vehicle tested, the fuel economy with a new air filter improved as much as 14% over that with a severely clogged filter (in which the filter was so clogged that drivability was impacted). Under a more typical state of clog, the improvement with a new filter ranged from 2 to 6%.

  3. Leadership and the Nigerian Economy

    Directory of Open Access Journals (Sweden)

    Victor E. Dike

    2014-02-01

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

  4. THE PROBLEM OF QUANTIFYING THE UNDERGROUND ECONOMY: APPLYING THE METHOD OF METERED RESOURCES

    Directory of Open Access Journals (Sweden)

    Galina ULIAN

    2013-12-01

    Full Text Available The Underground Economy is a „shadow” of the real economy, endowed with elastic properties: it can be large, small (although not null based on the specifics of a country, its leaders, economic and legal policies. In relation to the real economy, which is monitored by authorities, the underground economy is usually in a state of growth. In this context, methodologically-practical developments for quantitative estimation of unofficial economic activities are of interest. The problem is generated by a lack of a statistical accounting system, a system of economical indicators in the real economy that would serve as basis for a quantitative estimate of indicators pertaining to the underground economy.

  5. The (APolitical Economy of Bitcoin

    Directory of Open Access Journals (Sweden)

    Vasilis Kostakis

    2014-06-01

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

  6. The Social Economy in Europe

    DEFF Research Database (Denmark)

    Spear, Roger

    2010-01-01

    This paper gives an overview of the social economy in Europe. Drawing on the most recent statistical data, the paper examines the social economy’s size in different European countries, and current trends and challenges in Europe; it also reviews its status and political context at the EU level....... The paper draws on the CIRIEC (2007) study of the Social Economy in the European Union (see: http://www2.ulg.ac.be/ciriec/en/), and the contribution on social enterprise draws on the work of the EMES Network (see www.emes.net)....

  7. Manufacturing in the knowledge economy

    DEFF Research Database (Denmark)

    Hansen, Teis; Winther, Lars

    2015-01-01

    Recent studies stress the relevance of a broad conceptualization of the knowledge economy which goes beyond the strong, current policy focus on high-tech industries. Today, low-tech industries continue to have a significant role in European manufacturing in terms of employment, value added......-tech industries. This calls for a rethinking of manufacturing’s position in contemporary capitalism and a redefinition of the central categories based on research and development (R & D) intensity that dominate the debate on the knowledge economy....

  8. Energy policy and market economy

    Energy Technology Data Exchange (ETDEWEB)

    1980-10-01

    To reduce the dependence on petroleum remains the aim of the energy and economy policy which remains strictly oriented at market economy. Financial incentives granted by the government help to utilize the control function of the prices in energy saving and in the finding of new energy sources. The development of coal refining is continued and the supply with coal guaranteed from the long-term point of view. The structural change in the heat market is to concentrate on the expansion of the district heat supply and the utilization of the heat pump.

  9. CREATIVE ECONOMY AND CREATIVE CITIES

    OpenAIRE

    Marta-Christina Suciu

    2009-01-01

    The paper sets out why creativity has become so important to urban and regional economics. It focuses on the role of creativity, creative industries, creative economy, creative class and creative cities for the modern urban economics. It points out the idea that the power of the future economy lays within the development of the creative city. The aim of a creative city is to make us to think of our city as a living work of art, where citizens can involve and engage themselves in the creation ...

  10. Political economies and environmental futures for the sharing economy

    Science.gov (United States)

    Frenken, Koen

    2017-05-01

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

  11. Political economies and environmental futures for the sharing economy

    Science.gov (United States)

    2017-01-01

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

  12. Political economies and environmental futures for the sharing economy.

    Science.gov (United States)

    Frenken, Koen

    2017-06-13

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

  13. The economy of natural gas; De economie van het gas

    Energy Technology Data Exchange (ETDEWEB)

    Scholtens, B. [Rijksuniversiteit Groningen, Groningen (Netherlands)

    2013-03-08

    The Dutch government uses the benefits of natural gas especially for public consumption expenditures. Re-establishment of a natural gas fund would lead to productive investment and create a more prosperous Dutch economy [Dutch] De Nederlandse overheid gebruikt de aardgasbaten nu met name voor consumptieve overheidsbestedingen. Heroprichting van een aardgasfonds zou tot productieve investeringen leiden en Nederland welvarender maken.

  14. Estimating size and scope economies in the Portuguese water sector using the Bayesian stochastic frontier analysis

    Energy Technology Data Exchange (ETDEWEB)

    Carvalho, Pedro, E-mail: pedrocarv@coc.ufrj.br [Computational Modelling in Engineering and Geophysics Laboratory (LAMEMO), Department of Civil Engineering, COPPE, Federal University of Rio de Janeiro, Av. Pedro Calmon - Ilha do Fundão, 21941-596 Rio de Janeiro (Brazil); Center for Urban and Regional Systems (CESUR), CERIS, Instituto Superior Técnico, Universidade de Lisboa, Av. Rovisco Pais, 1049-001 Lisbon (Portugal); Marques, Rui Cunha, E-mail: pedro.c.carvalho@tecnico.ulisboa.pt [Center for Urban and Regional Systems (CESUR), CERIS, Instituto Superior Técnico, Universidade de Lisboa, Av. Rovisco Pais, 1049-001 Lisbon (Portugal)

    2016-02-15

    This study aims to search for economies of size and scope in the Portuguese water sector applying Bayesian and classical statistics to make inference in stochastic frontier analysis (SFA). This study proves the usefulness and advantages of the application of Bayesian statistics for making inference in SFA over traditional SFA which just uses classical statistics. The resulting Bayesian methods allow overcoming some problems that arise in the application of the traditional SFA, such as the bias in small samples and skewness of residuals. In the present case study of the water sector in Portugal, these Bayesian methods provide more plausible and acceptable results. Based on the results obtained we found that there are important economies of output density, economies of size, economies of vertical integration and economies of scope in the Portuguese water sector, pointing out to the huge advantages in undertaking mergers by joining the retail and wholesale components and by joining the drinking water and wastewater services. - Highlights: • This study aims to search for economies of size and scope in the water sector; • The usefulness of the application of Bayesian methods is highlighted; • Important economies of output density, economies of size, economies of vertical integration and economies of scope are found.

  15. Estimating size and scope economies in the Portuguese water sector using the Bayesian stochastic frontier analysis

    International Nuclear Information System (INIS)

    Carvalho, Pedro; Marques, Rui Cunha

    2016-01-01

    This study aims to search for economies of size and scope in the Portuguese water sector applying Bayesian and classical statistics to make inference in stochastic frontier analysis (SFA). This study proves the usefulness and advantages of the application of Bayesian statistics for making inference in SFA over traditional SFA which just uses classical statistics. The resulting Bayesian methods allow overcoming some problems that arise in the application of the traditional SFA, such as the bias in small samples and skewness of residuals. In the present case study of the water sector in Portugal, these Bayesian methods provide more plausible and acceptable results. Based on the results obtained we found that there are important economies of output density, economies of size, economies of vertical integration and economies of scope in the Portuguese water sector, pointing out to the huge advantages in undertaking mergers by joining the retail and wholesale components and by joining the drinking water and wastewater services. - Highlights: • This study aims to search for economies of size and scope in the water sector; • The usefulness of the application of Bayesian methods is highlighted; • Important economies of output density, economies of size, economies of vertical integration and economies of scope are found.

  16. ECONOMY "SMART BUILDINGS" HOUSING

    Directory of Open Access Journals (Sweden)

    Stanka Djurić

    2017-01-01

    Full Text Available In terms of ensuring national security and the security of energy supply and energy sources, such as liquid fuels and gas, as well as energy independence from energy imports and energy, the focus of our strategy to shift towards renewable energy sources. In fact, whether a state of more or less energy-independent, to a large extent can be determined by the percentage participation renewable energy in meeting the total energy requirements. So, the consumption of renewable energy source (solar energy, wind energy, geothermal energy, hydropower and small watercourses, biomass and biogas is put in relation with the amount of power and energy which are imported from foreign countries (liquid fuels and gas. Based on data published by the European statistics agency, in developed European countries is the fact that renewable energy sources accounted for 10-12% of the total energy balance of individual countries. Here, the situation is very worrying, given that renewable energy resources still account for only 1% in the energy balance, which is negligible and intolerable little. On the other hand, environmental awareness that is constantly improving and developing required to behave and act in accordance with the capabilities and resources of nature and the natural environment. As the largest building and construction consume energy and also the biggest polluters of the environment, point to the request to change the method of construction and thus to change the way of life on the planet. Poor and inadequate access to the building and construction industry certainly is recognized as the most important factor in global warming. The progress of civilization, especially in terms of technical and technological innovation brings the design and construction of facilities that will be compatible with the environment. For designers and investors is to develop, design and build "green".

  17. It’s the Economy that Matters Most

    Science.gov (United States)

    2008-05-07

    the rights and freedoms that allow the economy to rapidly adapt to change and prosper. Before one can develop a strategy or economic policy that...1962), 83. The economist Joseph Schumpeter popularized the term “Creative Destruction” in the following excerpt, “ The opening of new markets...budget growth was out of Congress’ control. 39 Data captured from the Bureau of Economic Analysis and the Treasury Direct website databases;

  18. Corruption’s Reflection: Iraq’s Shadow Economy

    Science.gov (United States)

    2005-03-01

    prostitution, smuggling, bribery, political corruption , protection rackets; • Transfers—petty theft (e.g. pickpockets), larceny(burglary and armed robbery...importantly the impact that governance failures such as corruption have had on the development of a shadow economy have been extensively documented...after opening my shop a government inspector came, and I just had to pay him a bribe .[25] How widespread these types of government shakedowns were

  19. An analysis of EAGLEs: emerging and growth-leading economies

    OpenAIRE

    Marques, Inês Maria Aparício

    2014-01-01

    Dissertation submitted as partial requirement for the conferral of Master in International Management Globalization opened up immense opportunities in many fields, with countries increasingly integrated and, consequently, contributing for world economic development. There are nations – developed countries – more evolved than others – developing countries, mostly due to the strong control policies, where government agencies play a central role in economy. But these trends are changing and t...

  20. China in the Global Economy. Failure and Success

    OpenAIRE

    Gunnarsson, Christer; Ljungberg, Jonas

    2008-01-01

    China’s present economic performance is frequently attributed to market reforms that have opened up the economy to foreign trade and investments. In this article we suggest that a historical comparative approach may cast new light on China’s present success. In imperial China the power of the mandarinate put limits on equality of opportunity and development of human capital, factors crucial for modern economic growth. Reforms and structural change in agriculture and expansion of primary and s...