Economic assessment of S-prism including development and generating costs

Energy Technology Data Exchange (ETDEWEB)

Boardman, Ch.E. [GE Nuclear Energy San Jose (United States)

2001-07-01

S-PRISM is an advanced Fast Reactor plant design that utilizes compact modular pool-type reactors sized to enable factory fabrication and an affordable prototype test of a single Nuclear Steam Supply System (NSSS) for design certification at minimum cost and risk. S-PRISM retains all of the key ALMR (advanced liquid metal reactor) design features including passive reactor shutdown, passive shutdown heat removal, and passive reactor cavity cooling that were developed under an earlier DOE program. Key factors that make S-PRISM competitive include: 1) The use of passive safety systems that eliminate the need for diesel generators and hardened active heat sinks to assure that sufficient heat is removed from the core, reactor, and containment systems following design and beyond design basis events. 2) A seven point advantage in the plant capacity factor (93 versus 86%) over a single large plant. 3) A much shorter construction schedule (45%) made possible by a modular design that allows near parallel (sequenced) construction of three relatively small, simple factory fabricated NSSSs instead of one large complex NSSS. This paper describes the approach, methods, and results of an in-depth economic assessment of S-PRISM. The assessment found that the generation cost from an NOAK plant would be less than 3 cents/kW-hr and that a design certification could be obtained in less than 15 years at a cost of 2.1 billion dollars. (authors)

Economic assessment of S-prism including development and generating costs

International Nuclear Information System (INIS)

Boardman, Ch.E.

2001-01-01

S-PRISM is an advanced Fast Reactor plant design that utilizes compact modular pool-type reactors sized to enable factory fabrication and an affordable prototype test of a single Nuclear Steam Supply System (NSSS) for design certification at minimum cost and risk. S-PRISM retains all of the key ALMR (advanced liquid metal reactor) design features including passive reactor shutdown, passive shutdown heat removal, and passive reactor cavity cooling that were developed under an earlier DOE program. Key factors that make S-PRISM competitive include: 1) The use of passive safety systems that eliminate the need for diesel generators and hardened active heat sinks to assure that sufficient heat is removed from the core, reactor, and containment systems following design and beyond design basis events. 2) A seven point advantage in the plant capacity factor (93 versus 86%) over a single large plant. 3) A much shorter construction schedule (45%) made possible by a modular design that allows near parallel (sequenced) construction of three relatively small, simple factory fabricated NSSSs instead of one large complex NSSS. This paper describes the approach, methods, and results of an in-depth economic assessment of S-PRISM. The assessment found that the generation cost from an NOAK plant would be less than 3 cents/kW-hr and that a design certification could be obtained in less than 15 years at a cost of 2.1 billion dollars. (authors)

Design and installation manual for thermal energy storage

Energy Technology Data Exchange (ETDEWEB)

Cole, R L; Nield, K J; Rohde, R R; Wolosewicz, R M

1980-01-01

The purpose of this manual is to provide information on the design and installation of thermal energy storage in active solar systems. It is intended for contractors, installers, solar system designers, engineers, architects, and manufacturers who intend to enter the solar energy business. The reader should have general knowledge of how solar heating and cooling systems operate and knowledge of construction methods and building codes. Knowledge of solar analysis methods such as f-Chart, SOLCOST, DOE-1, or TRNSYS would be helpful. The information contained in the manual includes sizing storage, choosing a location for the storage device, and insulation requirements. Both air-based and liquid-based systems are covered with topics on designing rock beds, tank types, pump and fan selection, installation, costs, and operation and maintenance. Topics relevant to latent heat storage include properties of phase-change materials, sizing the storage unit, insulating the storage unit, available systems, and cost. Topics relevant to heating domestic water include safety, single- and dual-tank systems, domestic water heating with air- and liquid-based space heating systems, and stand alone domestics hot water systems. Several appendices present common problems with storage systems and their solutions, heat transfer fluid properties, economic insulation thickness, heat exchanger sizing, and sample specifications for heat exchangers, wooden rock bins, steel tanks, concrete tanks, and fiberglass-reinforced plastic tanks.

The economic benefits of malaria elimination: do they include increases in tourism?

Science.gov (United States)

Modrek, Sepideh; Liu, Jenny; Gosling, Roland; Feachem, Richard G A

2012-07-28

Policy makers have speculated that one of the economic benefits of malaria elimination includes increases in foreign direct investment, particularly tourism. This study examines the empirical relationship between the demand for travel and malaria cases in two countries with large tourism industries around the time in which they carried out malaria-elimination campaigns. In Mauritius, this analysis examines historical, yearly tourist arrivals and malaria cases from 1978-1999, accounting for the background secular trend of increasing international travel. In Dominican Republic, a country embarking upon malaria elimination, it employs a time-series analysis of the monthly, international tourist arrivals from 1998-2010 to determine whether the timing of significant deviations in tourist arrivals coincides with malaria outbreaks. While naïve relationships exist in both cases, the results show that the relationships between tourist arrivals and malaria cases are relatively weak and statistically insignificant once secular confounders are accounted for. This suggests that any economic benefits from tourism that may be derived from actively pursuing elimination in countries that have high tourism potential are likely to be small when measured at a national level. Rather, tourism benefits are likely to be experienced with greater impact in more concentrated tourist areas within countries, and future studies should seek to assess these relationships at a regional or local level.

Analysis of advanced European nuclear fuel cycle scenarios including transmutation and economic estimates

International Nuclear Information System (INIS)

Rodríguez, Iván Merino; Álvarez-Velarde, Francisco; Martín-Fuertes, Francisco

2014-01-01

Highlights: • Four fuel cycle scenarios have been analyzed in resources and economic terms. • Scenarios involve Once-Through, Pu burning, and MA transmutation strategies. • No restrictions were found in terms of uranium and plutonium availability. • The best case cost and the impact of their uncertainties to the LCOE were analyzed. - Abstract: Four European fuel cycle scenarios involving transmutation options (in coherence with PATEROS and CP-ESFR EU projects) have been addressed from a point of view of resources utilization and economic estimates. Scenarios include: (i) the current fleet using Light Water Reactor (LWR) technology and open fuel cycle, (ii) full replacement of the initial fleet with Fast Reactors (FR) burning U–Pu MOX fuel, (iii) closed fuel cycle with Minor Actinide (MA) transmutation in a fraction of the FR fleet, and (iv) closed fuel cycle with MA transmutation in dedicated Accelerator Driven Systems (ADS). All scenarios consider an intermediate period of GEN-III+ LWR deployment and they extend for 200 years, looking for long term equilibrium mass flow achievement. The simulations were made using the TR E VOL code, capable to assess the management of the nuclear mass streams in the scenario as well as economics for the estimation of the levelized cost of electricity (LCOE) and other costs. Results reveal that all scenarios are feasible according to nuclear resources demand (natural and depleted U, and Pu). Additionally, we have found as expected that the FR scenario reduces considerably the Pu inventory in repositories compared to the reference scenario. The elimination of the LWR MA legacy requires a maximum of 55% fraction (i.e., a peak value of 44 FR units) of the FR fleet dedicated to transmutation (MA in MOX fuel, homogeneous transmutation) or an average of 28 units of ADS plants (i.e., a peak value of 51 ADS units). Regarding the economic analysis, the main usefulness of the provided economic results is for relative comparison of

Combined emission economic dispatch of power system including solar photo voltaic generation

International Nuclear Information System (INIS)

Khan, Naveed Ahmed; Awan, Ahmed Bilal; Mahmood, Anzar; Razzaq, Sohail; Zafar, Adnan; Sidhu, Guftaar Ahmed Sardar

2015-01-01

Highlights: • Combined Emission Economic Dispatch Problem has been solved with inclusion of solar power plants. • Mixed Integer Optimization Problem has been solved using Particle Swarm Optimization. • Static and dynamic case studies have been considered. • Clouds effect with 15% and 30% reduced radiations has also been taken into account. • Simulation results prove the effectiveness of proposed model. - Abstract: Reliable and inexpensive electricity provision is one of the significant research objectives since decades. Various Economic Dispatch (ED) methods have been developed in order to address the challenge of continuous and sustainable electricity provision at optimized cost. Rapid escalation of fuel prices, depletion of fossil fuel reserves and environmental concerns have compelled us to incorporate the Renewable Energy (RE) resources in the energy mix. This paper presents Combined Emission Economic Dispatch (CEED) models developed for a system consisting of multiple Photo Voltaic (PV) plants and thermal units. Based on the nature of decision variables, our proposed model is essentially a Mixed Integer Optimization Problem (MIOP). Particle Swarm Optimization (PSO) is used to solve the optimization problem for a scenario involving six conventional and thirteen PV plants. Two test cases, Combined Static Emission Economic Dispatch (SCEED) and Combined Dynamic Emission Economic Dispatch (DCEED), have been considered. SCEED is performed for full solar radiation level as well as for reduced radiation level due to clouds effect. Simulation results have proved the effectiveness of the proposed model

Reliability–based economic model predictive control for generalised flow–based networks including actuators’ health–aware capabilities

Directory of Open Access Journals (Sweden)

Grosso Juan M.

2016-09-01

Full Text Available This paper proposes a reliability-based economic model predictive control (MPC strategy for the management of generalised flow-based networks, integrating some ideas on network service reliability, dynamic safety stock planning, and degradation of equipment health. The proposed strategy is based on a single-layer economic optimisation problem with dynamic constraints, which includes two enhancements with respect to existing approaches. The first enhancement considers chance-constraint programming to compute an optimal inventory replenishment policy based on a desired risk acceptability level, leading to dynamical allocation of safety stocks in flow-based networks to satisfy non-stationary flow demands. The second enhancement computes a smart distribution of the control effort and maximises actuators’ availability by estimating their degradation and reliability. The proposed approach is illustrated with an application of water transport networks using the Barcelona network as the case study considered.

ADEME energy transition scenarios. Summary including a macro-economic evaluation 2030 2050

International Nuclear Information System (INIS)

2014-05-01

ADEME, the French Environment and Energy Management Agency, is a public agency reporting to the Ministry of Ecology, Sustainable Development and Energy and the Ministry of Higher Education and Research. In 2012 the agency drew up a long-term scenario entitled 'ADEME Energy Transition Scenarios 2030-2050'. This document presents a summary of the report. The full version can be viewed online on the ADEME web site. With this work ADEME offers a proactive energy vision for all stakeholders - experts, the general public, decision-makers, etc. - focusing on two main areas of expertise: managing energy conservation and developing renewable energy production using proven or demonstration-phase technologies. These scenarios identify a possible pathway for the energy transition in France. They are based on two time horizons and two separate methodologies. One projection, applicable from the present day, seeks to maximise potential energy savings and renewable energy production in an ambitious but realistic manner, up to 2030. The second exercise is a normative scenario that targets a fourfold reduction in greenhouse gas emissions generated in France by 2050, compared to 1990 levels. The analysis presented in this document is primarily based on an exploration of different scenarios that allow for the achievement of ambitious energy and environmental targets under technically, economically and socially feasible conditions. This analysis is supplemented by a macro-economic analysis. These projections, particularly for 2030, do not rely on radical changes in lifestyle, lower comfort levels or hypothetical major technological breakthroughs. They show that by using technologies and organisational changes that are currently within our reach, we have the means to achieve these long-term goals. The scenarios are based on assumptions of significant growth, both economic (1.8% per year) and demographic (0.4% a year). The 2050 scenario shows that with sustained growth, a

Handling value added tax (VAT) in economic evaluations: should prices include VAT?

Science.gov (United States)

Bech, Mickael; Christiansen, Terkel; Gyrd-Hansen, Dorte

2006-01-01

In health economic evaluations, value added tax is commonly treated as a transfer payment. Following this argument, resources are valued equal to their net-of-tax prices in economic evaluations applying a societal perspective. In this article we argue that if there is the possibility that a new healthcare intervention may expand the healthcare budget, the social cost of input factors should be the gross-of-tax prices and not the net-of-tax prices. The rising interest in cost-benefit analysis and the use of absolute thresholds, net benefit estimates and acceptability curves in cost-effectiveness analysis makes this argument highly relevant for an appropriate use of these tools in prioritisation.

Applied evolutionary economics and economic geography

NARCIS (Netherlands)

Frenken, K.

2007-01-01

Applied Evolutionary Economics and Economic Geography" aims to further advance empirical methodologies in evolutionary economics, with a special emphasis on geography and firm location. It does so by bringing together a select group of leading scholars including economists, geographers and

Applied evolutionary economics and economic geography

OpenAIRE

Peter Sunley

2008-01-01

Applied Evolutionary Economics and Economic Geography aims to further advance empirical methodologies in evolutionary economics, with a special emphasis on geography and firm location. It does so by bringing together a select group of leading scholars including economists, geographers and sociologists, all of whom share an interest in explaining the uneven distribution of economic activities in space and the historical processes that have produced these patterns.

Thermo-economic optimization of the impact of renewable generators on poly-generation smart-grids including hot thermal storage

International Nuclear Information System (INIS)

Rivarolo, M.; Greco, A.; Massardo, A.F.

2013-01-01

Highlights: ► We model a poly-generation grid including thermal storage and renewable generators. ► We analyze the impact of random renewable generators on the grid performance. ► We carry out the grid optimization using a time-dependent thermo-economic approach. ► We present the importance of the storage system to optimize the RES impact. - Abstract: In this paper, the impact of not controllable renewable energy generators (wind turbines and solar photovoltaic panels) on the thermo-economic optimum performance of poly-generation smart grids is investigated using an original time dependent hierarchical approach. The grid used for the analysis is the one installed at the University of Genoa for research activities. It is based on different prime movers: (i) 100 kWe micro gas turbine, (ii) 20 kWe internal combustion engine powered by gases to produce both electrical and thermal (hot water) energy and (iii) a 100 kWth adsorption chiller to produce cooling (cold water) energy. The grid includes thermal storage tanks to manage the thermal demand load during the year. The plant under analysis is also equipped with two renewable non-controllable generators: a small size wind turbine and photovoltaic solar panels. The size and the management of the system studied in this work have been optimized, in order to minimize both capital and variable costs. A time-dependent thermo-economic hierarchical approach developed by the authors has been used, considering the time-dependent electrical, thermal and cooling load demands during the year as problem constraints. The results are presented and discussed in depth and show the strong interaction between fossil and renewable resources, and the importance of an appropriate storage system to optimize the RES impact taking into account the multiproduct character of the grid under investigation.

Nuclear power economic database

International Nuclear Information System (INIS)

Ding Xiaoming; Li Lin; Zhao Shiping

1996-01-01

Nuclear power economic database (NPEDB), based on ORACLE V6.0, consists of three parts, i.e., economic data base of nuclear power station, economic data base of nuclear fuel cycle and economic database of nuclear power planning and nuclear environment. Economic database of nuclear power station includes data of general economics, technique, capital cost and benefit, etc. Economic database of nuclear fuel cycle includes data of technique and nuclear fuel price. Economic database of nuclear power planning and nuclear environment includes data of energy history, forecast, energy balance, electric power and energy facilities

INCLUDING RISK IN ECONOMIC FEASIBILITY ANALYSIS:A STOCHASTIC SIMULATION MODEL FOR BLUEBERRY INVESTMENT DECISIONS IN CHILE

Directory of Open Access Journals (Sweden)

GERMÁN LOBOS

2015-12-01

Full Text Available ABSTRACT The traditional method of net present value (NPV to analyze the economic profitability of an investment (based on a deterministic approach does not adequately represent the implicit risk associated with different but correlated input variables. Using a stochastic simulation approach for evaluating the profitability of blueberry (Vaccinium corymbosum L. production in Chile, the objective of this study is to illustrate the complexity of including risk in economic feasibility analysis when the project is subject to several but correlated risks. The results of the simulation analysis suggest that the non-inclusion of the intratemporal correlation between input variables underestimate the risk associated with investment decisions. The methodological contribution of this study illustrates the complexity of the interrelationships between uncertain variables and their impact on the convenience of carrying out this type of business in Chile. The steps for the analysis of economic viability were: First, adjusted probability distributions for stochastic input variables (SIV were simulated and validated. Second, the random values of SIV were used to calculate random values of variables such as production, revenues, costs, depreciation, taxes and net cash flows. Third, the complete stochastic model was simulated with 10,000 iterations using random values for SIV. This result gave information to estimate the probability distributions of the stochastic output variables (SOV such as the net present value, internal rate of return, value at risk, average cost of production, contribution margin and return on capital. Fourth, the complete stochastic model simulation results were used to analyze alternative scenarios and provide the results to decision makers in the form of probabilities, probability distributions, and for the SOV probabilistic forecasts. The main conclusion shown that this project is a profitable alternative investment in fruit trees in

Community Economics

OpenAIRE

武藤, 宣道; Nobumichi, MUTOH

2000-01-01

This paper examines the new field of community economics with respect to Japan. A number of studies in community economics have already been produced in OECD countries including the United States. Although these are of great interest, each country has its own historical, socioeconomic context and must therefore develop its own approach to community economics. Community-oriented economics is neither macro-nor micro-economics in the standard economics textbook sense. Most community economics st...

Genetic gain and economic values of selection strategies including semen traits in three- and four-way crossbreeding systems for swine production.

Science.gov (United States)

González-Peña, D; Knox, R V; MacNeil, M D; Rodriguez-Zas, S L

2015-03-01

Four semen traits: volume (VOL), concentration (CON), progressive motility of spermatozoa (MOT), and abnormal spermatozoa (ABN) provide complementary information on boar fertility. Assessment of the impact of selection for semen traits is hindered by limited information on economic parameters. Objectives of this study were to estimate economic values for semen traits and to evaluate the genetic gain when these traits are incorporated into traditional selection strategies in a 3-tier system of swine production. Three-way (maternal nucleus lines A and B and paternal nucleus line C) and 4-way (additional paternal nucleus line D) crossbreeding schemes were compared. A novel population structure that accommodated selection for semen traits was developed. Three selection strategies were simulated. Selection Strategy I (baseline) encompassed selection for maternal traits: number of pigs born alive (NBA), litter birth weight (LBW), adjusted 21-d litter weight (A21), and number of pigs at 21 d (N21); and paternal traits: number of days to 113.5 kg (D113), backfat (BF), ADG, feed efficiency (FE), and carcass lean % (LEAN). Selection Strategy II included Strategy I and the number of usable semen doses per collection (DOSES), a function of the 4 semen traits. Selection Strategy III included Strategy I and the 4 semen traits individually. The estimated economic values of VOL, CON, MOT, ABN, and DOSES for 7 to 1 collections/wk ranged from $0.21 to $1.44/mL, $0.12 to $0.83/10 spermatozoa/mm, $0.61 to $12.66/%, -$0.53 to -$10.88/%, and $2.01 to $41.43/%, respectively. The decrease in the relative economic values of semen traits and DOSES with higher number of collections per wk was sharper between 1 and 2.33 collections/wk than between 2.33 and 7 collections/wk. The higher economic value of MOT and ABN relative to VOL and CON could be linked to the genetic variances and covariances of these traits. Average genetic gains for the maternal traits were comparable across strategies

Finding the economics in economic entomology.

Science.gov (United States)

Onstad, David W; Knolhoff, Lisa M

2009-02-01

To recommend new pest management tactics and strategies to farmers and policy makers, economic entomologists must evaluate the economics of biologically reasonable approaches. We collected data to determine how frequently these economic evaluations occur. We discovered from our survey of entomological journals representing the discipline of economic entomology that papers published since 1972 include economic evaluations of pest management tactics. At least 85% of these analyses were performed by entomologists and not economists. Much of the research on economic evaluations is performed without special funds granted by agencies separate from the authors' institutions. In the United States, USDA competitive grants supported 20% of the economic evaluations published since 2000. However, only approximately 12% of the projects funded since 2000 by three sections of the USDA (Crops at Risk, Risk Avoidance and Mitigation Program, and Pest Management Alternatives Program) resulted in publications concerning economic evaluations. If the purpose of economic entomology is to ultimately determine the value of different kinds of tactics, the discipline may need to take steps to enhance the research that supports these evaluations.

Economic evaluation of angiographic interventions including a whole-radiology in- and outpatient care

International Nuclear Information System (INIS)

Nolte-Ernsting, C.; Abel, K.; Krupski, G.; Lorenzen, J.; Adam, G.

2006-01-01

Purpose: To determine the economic efficiency of a whole-radiology in- and outpatient treatment with angiographic interventions performed as the main or sole therapy. Materials and Methods: The calculations represent the data of a university radiology department, including the following angiographic interventions (neuroradiology not considered): Vascular intervention (PTA, stent implantation) of kidneys and extremities, recanalization of hemodialysis access, chemoembolization, diagnostic arterioportal liver CT, port implantation, varicocele embolization, PTCD, percutaneous implantation of biliary stent. First, the different angiographic interventions are categorized with reference to the German DRG system 2005. Considering the example of a university hospital, the individual cost of each intervention is calculated and correlated with reimbursements by G-DRG2005 and so-called ''ambulant operation'' (EBM200plus). With these data, profits and losses are calculated for both in- and outpatient care. Results: Radiologic interventions of inpatients yield a profit in the majority of cases. With a base rate of 2900 Euro, the profits in our university hospital range between -872 Euro and +3411 Euro (mean: +1348 Euro). On the other hand, those angiographic interventions suitable for ''ambulant operation'' generate average profits of +372 Euro, if only direct costs are considered. The data of outpatient radiological interventions average between 381 Euro up to 1612 Euro lower than compared with profits obtained from in patient care. (orig.)

A constriction factor based particle swarm optimisation algorithm to solve the economic dispatch problem including losses

Energy Technology Data Exchange (ETDEWEB)

Young, Steven; Montakhab, Mohammad; Nouri, Hassan

2011-07-15

Economic dispatch (ED) is one of the most important problems to be solved in power generation as fractional percentage fuel reductions represent significant cost savings. ED wishes to optimise the power generated by each generating unit in a system in order to find the minimum operating cost at a required load demand, whilst ensuring both equality and inequality constraints are met. For the process of optimisation, a model must be created for each generating unit. The particle swarm optimisation technique is an evolutionary computation technique with one of the most powerful methods for solving global optimisation problems. The aim of this paper is to add in a constriction factor to the particle swarm optimisation algorithm (CFBPSO). Results show that the algorithm is very good at solving the ED problem and that CFBPSO must be able to work in a practical environment and so a valve point effect with transmission losses should be included in future work.

Economic Thinking for Strategic Leaders

Science.gov (United States)

2011-03-24

unprepared to analyze certain complex, ambiguous issues and craft informed decisions. 15. SUBJECT TERMS Behavioral Economics, Public Choice Theory ...COUNT: 7,668 PAGES: 38 KEY TERMS: Behavioral Economics, Public Choice Theory , Army Profession CLASSIFICATION: Unclassified Military senior...various economic fields, including Identity Economics, Neoclassical Economics, Behavioral Economics, and Public Choice Economics. Finally, it

Including health economic analysis in pilot studies: lessons learned from a cost-utility analysis within the PROSPECTIV pilot study

Directory of Open Access Journals (Sweden)

Richéal M. Burns

2017-07-01

Full Text Available PurposeTo assess feasibility and health economic benefits and costs as part of a pilot study for a nurse-led, psychoeducational intervention (NPLI for prostate cancer in order to understand the potential for cost effectiveness as well as contribute to the design of a larger scale trial.MethodsMen with stable prostate cancer post-treatment were recruited from two cancer centres in the UK. Eighty-three men were randomised to the NLPI plus usual care or usual care alone (UCA (42 NLPI and 41 UCA; the NLPI plus usual care was delivered in the primary-care setting (the intervention and included an initial face-to-face consultation with a trained nurse, with follow-up tailored to individual needs. The study afforded the opportunity to undertake a short-term within pilot analysis. The primary outcome measure for the economic evaluation was quality of life, as measured by the EuroQol five dimensions questionnaire (EQ-5D (EQ-5D-5L instrument. Costs (£2014 assessed included health-service resource use, out-of-pocket expenses and losses from inability to undertake usual activities.ResultsTotal and incremental costs varied across the different scenarios assessed, with mean cost differences ranging from £173 to £346; incremental effect, as measured by the change in utility scores over the duration of follow-up, exhibited wide confidence intervals highlighting inconclusive effectiveness (95% CI: -0.0226; 0.0438. The cost per patient of delivery of the intervention would be reduced if rolled out to a larger patient cohort.ConclusionsThe NLPI is potentially cost saving depending on the scale of delivery; however, the results presented are not considered generalisable.

Economic Creativity Development

Directory of Open Access Journals (Sweden)

Nasseroddin Kazemi Haghighi

2014-06-01

Full Text Available As a new concept in the literature, the authors discuss the conception of “Economic Creativ-ity” (EC. The authors explain psychological characteristics of “Economic Creativity”: atti-tudes, motivation, personality traits, and abili-ties. They propose a design based on Emotion of Thought Theory (Kazemi, 2007 for Economic Creativity Development (ECD. This theory is an affective-cognitive approach that tries to ex-plain creativity. Emotion of Thought involves “Poyaei” and “Bitabi” (in Persian meaning Dy-namism and Restlessness. According to this theory, ECD relates to connections between emotion and thought. The ECD includes pro-moting individual readiness, utilization of eco-nomic resources, attitude towards economic af-fairs development, enhancing the utilization of economic experiences, conducting economic ac-tivity education, development of economic thinking and development of emotion of thought.

Teaching About Economics.

Science.gov (United States)

Paine, Carolyn; Arnold, Anne Jurmu

1983-01-01

A teaching unit on economics discusses basic background information, suggests classroom activities, and lists sources of instructional resources. Reproducible masters for two instructional levels are included and introduce economics law and basic financial management. (FG)

Economic and demographic outlook

International Nuclear Information System (INIS)

Darby, P.M.

1995-01-01

Economic forecasts were produced and past trends were examined. Information was presented as a series of figures only, without accompanying text. Information provided included current exchange rates, economic growth, interest rates, housing starts, unemployment rates, personal savings rates and other economic indicators. 40 figs

Whatever Happened to Economic Geography?

Science.gov (United States)

Fagan, Robert

1985-01-01

Maintains that economic geography is alive and well. Describes some of the challenges facing research in economic geography and highlights the changing approaches being applied to economic geography. Includes sections on structural change, economic reorganization, and internationalization of manufacturing and finances. (JDH)

Military construction program economic analysis manual: Sample economic analyses: Hazardous Waste Remedial Actions Program

International Nuclear Information System (INIS)

1987-12-01

This manual enables the US Air Force to comprehensively and systematically analyze alternative approaches to meeting its military construction requirements. The manual includes step-by-step procedures for completing economic analyses for military construction projects, beginning with determining if an analysis is necessary. Instructions and a checklist of the tasks involved for each step are provided; and examples of calculations and illustrations of completed forms are included. The manual explains the major tasks of an economic analysis, including identifying the problem, selecting realistic alternatives for solving it, formulating appropriate assumptions, determining the costs and benefits of the alternatives, comparing the alternatives, testing the sensitivity of major uncertainties, and ranking the alternatives. Appendixes are included that contain data, indexes, and worksheets to aid in performing the economic analyses. For reference, Volume 2 contains sample economic analyses that illustrate how each form is filled out and that include a complete example of the documentation required

Using Copulas in the Estimation of the Economic Project Value in the Mining Industry, Including Geological Variability

Science.gov (United States)

Krysa, Zbigniew; Pactwa, Katarzyna; Wozniak, Justyna; Dudek, Michal

2017-12-01

Geological variability is one of the main factors that has an influence on the viability of mining investment projects and on the technical risk of geology projects. In the current scenario, analyses of economic viability of new extraction fields have been performed for the KGHM Polska Miedź S.A. underground copper mine at Fore Sudetic Monocline with the assumption of constant averaged content of useful elements. Research presented in this article is aimed at verifying the value of production from copper and silver ore for the same economic background with the use of variable cash flows resulting from the local variability of useful elements. Furthermore, the ore economic model is investigated for a significant difference in model value estimated with the use of linear correlation between useful elements content and the height of mine face, and the approach in which model parameters correlation is based upon the copula best matched information capacity criterion. The use of copula allows the simulation to take into account the multi variable dependencies at the same time, thereby giving a better reflection of the dependency structure, which linear correlation does not take into account. Calculation results of the economic model used for deposit value estimation indicate that the correlation between copper and silver estimated with the use of copula generates higher variation of possible project value, as compared to modelling correlation based upon linear correlation. Average deposit value remains unchanged.

Exploration economics

International Nuclear Information System (INIS)

Mcgill, R.E.

1992-01-01

This paper deals with determining the economic viability of the play or prospect. At the outset, one point is important. Preexploration economists are important because they enable geologists to see if their assumptions will prove profitable. Their assumptions must consider the full range of possible outcomes, even if only some portion of that range may contain prospects or plays that are estimated to be profitable. Play economics are preferable to prospect economics because, being the sum of several prospects, they give a broader view of the investment opportunity. Finally, remember that play and prospect economics are always slightly optimistic. They seldom include all of the exploration and overhead changes that must ultimately be borne by the successful prospects

The ecological economics: An ecological economics

International Nuclear Information System (INIS)

Castiblanco R, Carmenza

2007-01-01

Ecological Economics arise as a scientific discipline aimed to integrate concepts of economics, ecology, thermodynamics, ethic and other natural and social sciences in order to incorporate a biophysical and integrated perspective of the inter dependences between economies and environment, from a plural conception and a methodology beyond disciplines. Ecological Economics studies the black box of economic processes usually excluded of the traditional economics: thermodynamics and ecology. Although it is relatively a new field of study, it has been strengthening its theoretical framework with scientific basis and analytic principles that lead to its identification as a new discipline that show a whole new paradigm. The scope of this article is to show the conceptual and methodological bases, the main founders, approaches and central debates of this new discipline. This brief introduction is a preamble to the papers of the meeting Ecological Economics: a perspective for Colombia included in this number, that took place on September 22 - 27 of 2007, at the National University of Colombia at Bogota. During tree days national and international experts, professors, researchers, workers of environmental sector and people interested on environmental issues joined together to know the conceptual and methodological achievements reached of this discipline; as well as to analyse and evaluate the environmental problems of the country, from the systemic, interdisciplinary and general perspective that it promotes

Adult vaccination strategies for the control of pertussis in the United States: an economic evaluation including the dynamic population effects.

Directory of Open Access Journals (Sweden)

Laurent Coudeville

Full Text Available BACKGROUND: Prior economic evaluations of adult and adolescent vaccination strategies against pertussis have reached disparate conclusions. Using static approaches only, previous studies failed to analytically include the indirect benefits derived from herd immunity as well as the impact of vaccination on the evolution of disease incidence over time. METHODS: We assessed the impact of different pertussis vaccination strategies using a dynamic compartmental model able to consider pertussis transmission. We then combined the results with economic data to estimate the relative cost-effectiveness of pertussis immunization strategies for adolescents and adults in the US. The analysis compares combinations of programs targeting adolescents, parents of newborns (i.e. cocoon strategy, or adults of various ages. RESULTS: In the absence of adolescent or adult vaccination, pertussis incidence among adults is predicted to more than double in 20 years. Implementing an adult program in addition to childhood and adolescent vaccination either based on 1 a cocoon strategy and a single booster dose or 2 a decennial routine vaccination would maintain a low level of pertussis incidence in the long run for all age groups (respectively 30 and 20 cases per 100,000 person years. These strategies would also result in significant reductions of pertussis costs (between -77% and -80% including additional vaccination costs. The cocoon strategy complemented by a single booster dose is the most cost-effective one, whereas the decennial adult vaccination is slightly more effective in the long run. CONCLUSIONS: By providing a high level of disease control, the implementation of an adult vaccination program against pertussis appears to be highly cost-effective and often cost-saving.

China Report, Economic Affairs

National Research Council Canada - National Science Library

1987-01-01

.... This report contains articles from China dealing with Economic Affairs. The Topics include National Affairs and Policy, Foreign Trade and Investment, Economic Zones, Finance and Banking, and Agriculture.

Economic Modelling in Institutional Economic Theory

Directory of Open Access Journals (Sweden)

Wadim Strielkowski

2017-06-01

Full Text Available Our paper is centered around the formation of theory of institutional modelling that includes principles and ideas reflecting the laws of societal development within the framework of institutional economic theory. We scrutinize and discuss the scientific principles of this institutional modelling that are increasingly postulated by the classics of institutional theory and find their way into the basics of the institutional economics. We propose scientific ideas concerning the new innovative approaches to institutional modelling. These ideas have been devised and developed on the basis of the results of our own original design, as well as on the formalisation and measurements of economic institutions, their functioning and evolution. Moreover, we consider the applied aspects of the institutional theory of modelling and employ them in our research for formalizing our results and maximising the practical outcome of our paper. Our results and findings might be useful for the researchers and stakeholders searching for the systematic and comprehensive description of institutional level modelling, the principles involved in this process and the main provisions of the institutional theory of economic modelling.

Ideology and 'A' Level Economics Textbooks.

Science.gov (United States)

Webster, Angela

1978-01-01

Reviews economics textbooks frequently used in college level economics courses in England to determine the extent of bias. Topics analyzed include economics as science and ethics, profits, advertising, economic objectives, perfect competition, and nationalized industries. (Author/DB)

EXPERIMENT IN ECONOMICS

OpenAIRE

Basilgan, Müslüm

2011-01-01

In contrast to sciences such as physics, chemistry and psychology, using experimental methods in economics has encountered significant resistance reaching as far back as Mill. The basic reason for the resistance is the widely accepted view that experiment is not suited to analyzing complex human activity including economic behaviors. However, experimental studies, which started to test economics theories from the 1940s, have now reached an important point. The purpose of this study is to show...

Unpaid work in health economic evaluations.

Science.gov (United States)

Krol, Marieke; Brouwer, Werner

2015-11-01

Given its societal importance, unpaid work should be included in economic evaluations of health care technology aiming to take a societal perspective. However, in practice this does not often appear to be the case. This paper provides an overview of the current place of unpaid work in economic evaluations in theory and in practice. It does so first by summarizing recommendations regarding the inclusion of unpaid labor reported in health economic textbooks and national guidelines for economic evaluations. In total, three prominent health economic text-books were studied and 28 national health economic guidelines. The paper, moreover, provides an overview of the instruments available to measure lost unpaid labor and reports on a review of the place of unpaid labor in applied economic evaluations in the area of rheumatoid arthritis. The review was conducted by examining methodology of evaluations published between 1 March 2008 and 1 March 2013. The results of this study show that little guidance is offered regarding the inclusion of unpaid labor in economic evaluations in textbooks and guidelines. The review identified five productivity costs instruments including questions about unpaid work and 33 economic evaluations of treatments for rheumatoid arthritis of which only one included unpaid work. The results indicate that unpaid work is rarely included in applied economic evaluations of treatments for rheumatoid arthritis, despite this disease expecting to be associated with lost unpaid work. Given the strong effects of certain diseases and treatments on the ability to perform unpaid work, unpaid work currently receives less attention in economic evaluations than it deserves. Copyright © 2015 Elsevier Ltd. All rights reserved.

Economics in Detention

Science.gov (United States)

Elonge, Michael

2013-01-01

Economics in Detention is a University of Maryland Extension program that teaches inmates essential principles of economics as a foundation to a spectrum of decision making. Also, the program includes an emphasis on starting a small business after incarceration. The idea of this program emanates from an invitation by the Baltimore City Detention…

Including estimates of the future in today's financial statements

OpenAIRE

Mary Barth

2006-01-01

This paper explains why the question is how, not if, today's financial statements should include estimates of the future. Including such estimates is not new, but their use is increasing. This increase results primarily because standard setters believe asset and liability measures that reflect current economic conditions and up-to-date expectations of the future will result in more useful information for making economic decisions, which is the objective of financial reporting. This is why sta...

Design and installation manual for thermal energy storage

Energy Technology Data Exchange (ETDEWEB)

Cole, R L; Nield, K J; Rohde, R R; Wolosewicz, R M [eds.

1979-02-01

The purpose for this manual is to provide information on the design and installation of thermal energy storage in solar heating systems. It is intended for contractors, installers, solar system designers, engineers, architects, and manufacturers who intend to enter the solar energy business. The reader should have general knowledge of how solar heating systems operate and knowledge of construction methods and building codes. Knowledge of solar analysis methods such as f-chart, SOLCOST, DOE-1, or TRNSYS would be helpful. The information contained in the manual includes sizing storage, choosing a location for the storage device, and insulation requirements. Both air-based and liquid-based systems are covered with topics on designing rock beds, tank types, pump and fan selection, installation, costs, and operation and maintenance. Topics relevant to heating domestic water include safety, single- and dual-tank systems, domestic water heating with air- and liquid-based space heating system, and stand-alone domestic hot water systems. Several appendices present common problems with storage systems and their solutions, heat transfer fluid properties, heat exchanger sizing, and sample specifications for heat exchangers, wooden rock bins, steel tanks, concrete tanks, and fiberglass-reinforced plastic tanks.

Analysis of advanced european nuclear fuel cycle scenarios including transmutation and economical estimates

International Nuclear Information System (INIS)

Merino Rodriguez, I.; Alvarez-Velarde, F.; Martin-Fuertes, F.

2013-01-01

In this work the transition from the existing Light Water Reactors (LWR) to the advanced reactors is analyzed, including Generation III+ reactors in a European framework. Four European fuel cycle scenarios involving transmutation options have been addressed. The first scenario (i.e., reference) is the current fleet using LWR technology and open fuel cycle. The second scenario assumes a full replacement of the initial fleet with Fast Reactors (FR) burning U-Pu MOX fuel. The third scenario is a modification of the second one introducing Minor Actinide (MA) transmutation in a fraction of the FR fleet. Finally, in the fourth scenario, the LWR fleet is replaced using FR with MOX fuel as well as Accelerator Driven Systems (ADS) for MA transmutation. All scenarios consider an intermediate period of GEN-III+ LWR deployment and they extend for a period of 200 years looking for equilibrium mass flows. The simulations were made using the TR-EVOL code, a tool for fuel cycle studies developed by CIEMAT. The results reveal that all scenarios are feasible according to nuclear resources demand (U and Pu). Concerning to no transmutation cases, the second scenario reduces considerably the Pu inventory in repositories compared to the reference scenario, although the MA inventory increases. The transmutation scenarios show that elimination of the LWR MA legacy requires on one hand a maximum of 33% fraction (i.e., a peak value of 26 FR units) of the FR fleet dedicated to transmutation (MA in MOX fuel, homogeneous transmutation). On the other hand a maximum number of ADS plants accounting for 5% of electricity generation are predicted in the fourth scenario (i.e., 35 ADS units). Regarding the economic analysis, the estimations show an increase of LCOE (Levelized cost of electricity) - averaged over the whole period - with respect to the reference scenario of 21% and 29% for FR and FR with transmutation scenarios respectively, and 34% for the fourth scenario. (authors)

Economic Studies

Directory of Open Access Journals (Sweden)

A. V. Kholopov

2014-01-01

Full Text Available The establishment of the School of Economic Science at MGIMO was due to the necessity of the world economy research, and the need to prepare highly skilled specialists in international economics. The school is developing a number of areas, which reflect the Faculty structure. - Economic theory is one of the most important research areas, a kind of foundation of the School of Economic Science at MGIMO. Economic theory studies are carried out at the chair of Economic theory. "The course of economic theory" textbook was published in 1991, and later it was reprinted seven times. Over the past few years other textbooks and manuals have been published, including "Economics for Managers" by Professor S.N. Ivashkovskaya, which survived through five editions; "International Economics" - four editions and "History of Economic Thought" - three editions. - International Economic Relations are carried out by the Department of International Economic Relations and Foreign Economic Activity. Its establishment is associated with the prominent economist N.N. Lyubimov. In 1957 he with his colleagues published the first textbook on the subject which went through multiple republications. The editorial team of the textbook subsequently formed the pride of Soviet economic science - S.M. Menshikov, E.P. Pletnev, V.D. Schetinin. Since 2007, the chair of Foreign Economic Activities led by Doctor of Economics, Professor I. Platonova has been investigating the problems of improving the architecture of foreign economic network and the international competitiveness of Russia; - The history of the study of problems of the world economy at MGIMO begins in 1958 at the chair baring the same name. Since 1998, the department has been headed by Professor A. Bulatov; - The study of international monetary relations is based on the chair of International Finance, and is focused on addressing the fundamental scientific and practical problems; - The chair "Banks, monetary circulation

A Novel Water Supply Network Sectorization Methodology Based on a Complete Economic Analysis, Including Uncertainties

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Enrique Campbell

2016-04-01

Full Text Available The core idea behind sectorization of Water Supply Networks (WSNs is to establish areas partially isolated from the rest of the network to improve operational control. Besides the benefits associated with sectorization, some drawbacks must be taken into consideration by water operators: the economic investment associated with both boundary valves and flowmeters and the reduction of both pressure and system resilience. The target of sectorization is to properly balance these negative and positive aspects. Sectorization methodologies addressing the economic aspects mainly consider costs of valves and flowmeters and of energy, and the benefits in terms of water saving linked to pressure reduction. However, sectorization entails other benefits, such as the reduction of domestic consumption, the reduction of burst frequency and the enhanced capacity to detect and intervene over future leakage events. We implement a development proposed by the International Water Association (IWA to estimate the aforementioned benefits. Such a development is integrated in a novel sectorization methodology based on a social network community detection algorithm, combined with a genetic algorithm optimization method and Monte Carlo simulation. The methodology is implemented over a fraction of the WSN of Managua city, capital of Nicaragua, generating a net benefit of 25,572 $/year.

Commodities Trading: An Essential Economic Tool.

Science.gov (United States)

Welch, Mary A., Ed.

1989-01-01

This issue focuses on commodities trading as an essential economic tool. Activities include critical thinking about marketing decisions and discussion on how futures markets and options are used as important economic tools. Discussion questions and a special student project are included. (EH)

Estimating North Dakota's Economic Base

OpenAIRE

Coon, Randal C.; Leistritz, F. Larry

2009-01-01

North Dakota’s economic base is comprised of those activities producing a product paid for by nonresidents, or products exported from the state. North Dakota’s economic base activities include agriculture, mining, manufacturing, tourism, and federal government payments for construction and to individuals. Development of the North Dakota economic base data is important because it provides the information to quantify the state’s economic growth, and it creates the final demand sectors for the N...

Purposeful engineering economics

CERN Document Server

Chadderton, Ronald A

2015-01-01

This textbook/course supplement stands as a unique and highly original complement to the traditional engineering economics curriculum. Its primarily narrative approach conveys the essence of an “Austrian" economic perspective on cash flow analysis and decision making in engineering, without extensive tables and graphs, and requires very little mathematics. The book’s objective is to add a new perspective to the usual study of cash flow analysis and solely econometric engineering decision making. The author draws on the methodology of the Austrian Economists—a school of economic thought that bases its study of economic phenomena on the interpretation and analysis of the purposeful actions of individuals. The book includes an array of illustrative case studies examined in detail by the author and emphasizes the importance of market processes and price signals to coordinate engineering plans. Purposeful Engineering Economics is an ideal resource for students, teaching faculty, and practicing professional ...

The Economics of Educational Software Portability.

Science.gov (United States)

Oliveira, Joao Batista Araujo e

1990-01-01

Discusses economic issues that affect the portability of educational software. Topics discussed include economic reasons for portability, including cost effectiveness; the nature and behavior of educational computer software markets; the role of producers, buyers, and consumers; potential effects of government policies; computer piracy; and…

Economics of population versus economic demography

Directory of Open Access Journals (Sweden)

A. A. Tkachenko

2017-01-01

Full Text Available The article specifies the correlation between economic demography and the economy of population as the most important scientific areas of modern research. It is concluded that the Russian scientific community lags in the development of these sciences from the world scientific thought. Special attention is paid to the works and ideas of S. Kuznets and Amartya Sen as outstanding researchers of the interrelationships between the population and the economy. It is emphasized that their contribution was not only theoretical but also of practical importance. The importance of G. Myrdal’s works for modern studies of the consequences of population aging is considered. The article examines foreign training courses on “Population Economics”, presented at the Universities of Wisconsin and McMaster, their analysis led to the conclusion that the preparation of textbooks on courses is less productive than the use of scientific articles in journals, containing more recent ideas and achievements of science. The author considers the system, proposed in the course Michel Grignon and Byron G. Spencer «The Economics of Population» more preferable. The article substantiates the opinion that the economic theory of well-being should be the core of the population economy. It is concluded that the differences between economic demography and the economy of population are not just differences between the micro- and macro levels, as some authors write, but the transition to large scales and entropy.The author identifies three most important areas of demo-economic research, which include research in the field of human capital, international economic migration, especially remittance, analysis of the stratification of the population and society by the income in the global and national economies. One can single out the general area of interests of the population economy and economic demography in which these sciences are almost impossible to divide and in which only

Different perspectives on economic base.

Science.gov (United States)

Lisa K. Crone; Richard W. Haynes; Nicholas E. Reyna

1999-01-01

Two general approaches for measuring the economic base are discussed. Each method is used to define the economic base for each of the counties included in the Interior Columbia Basin Ecosystem Management Project area. A more detailed look at four selected counties results in similar findings from different approaches. Limitations of economic base analysis also are...

Economic intelligence of the modern state

OpenAIRE

Levytskyi, Valentyn

2001-01-01

The goal of the thesis is to explore economic intelligence. The work includes the analysis of open sources. Tile approach to the issue of economic intelligence is based on the analysis of the state's economic security. The research presents the views of politicians, intelligence professionals, and scientists. It proposes possible objectives and missions of economic intelligence. Additionally, the research investigates the usefulness and reliability of open sources of economic analysis. The se...

Experienţa parcursului economic de vecinătate - securitatea economică a României

Directory of Open Access Journals (Sweden)

Viorica ŢURCANU

2016-06-01

Full Text Available The importance of the subject of national economic security is one of the main problems facing most national economies. At present, the process of globalization which included full and multi-criteria most countries, is one of the important conditions of development, including economically. Thus, economic development and security (national, regional or international is the major landmarks in manifesting major global changes and those within each country and, therefore, of every citizen. In these circumstances, a strong, powerful and, not least, competitive, stable in terms of macro-economic and exchange in terms of the tempo of development and adaptation to new conditions of exchange, represents an important basis for creating a policy security truly secure. Given the apparent importance of the subject of specific system in which we live today, the economic situation and the policy of the West European countries.

Judaism and Economics: The Link between Judaism and Economic Life

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Stanisław Fel

2014-09-01

Full Text Available This article deals with the relationship of Judaism to economic activity. The subject is the typical approach of Jewish ethical thought, concerning the understanding of money, wealth, jobs and economic initiatives. Issues related to fundamental economic life are shown to be covered in the books that the Jewish community considers sacred. Particularly important are the Old Testament and the Talmud. Also important are references to the cultural interpretation of Judaism, including the classical works on the subject – Jacques Attali and Werner Sombart. The key concept is the subject of “wealth,” the meaning of which is derived from the Bible’s Book of Exodus and the Talmud. Finally, the foundations for Jewish economic thought can be expressed as the product of an embedded culture, which is founded on religion, in which property acquires ethical legitimacy. The argument is crowned with historical examples of the noble economic activity of the Jewish people, which also give evidence of the interrelatedness of religion and the proper use of wealth.

Concept formation and indeterminacy in the LSP of Economics

DEFF Research Database (Denmark)

Toft, Birthe Marie

2007-01-01

Analysis of selected terms and concepts within the domain of economics, including concept formation, economic models and their cognitive basis, and the indeterminacy of the terms......Analysis of selected terms and concepts within the domain of economics, including concept formation, economic models and their cognitive basis, and the indeterminacy of the terms...

Exergo-economic analysis of finned tube for waste heat recovery including phase change heat transfer

International Nuclear Information System (INIS)

Wu, Shuang Ying; Jiu, Jing Rui; Xiao, Lan; Li, You Rong; Liu, Chao; Xu, Jin Liang

2013-01-01

In this paper, an exergo-economic criterion, i.e. the net profit per unit transferred heat load, is established from the perspective of exergy recovery to evaluate the performance of finned tube used in waste heat recovery. Also, the dimensionless exergy change number is introduced to investigate the effect of the flow (mechanical) exergy loss rate on the recovered thermal exergy. Selecting R245fa as a working fluid and exhaust flue gas as a heat source, the effects of the internal Reynolds number Re_i, the external Reynolds number Re_o , the unit cost of thermal exergy ε_q , the geometric parameter of finned tube η_oβ and the phase change temperature T_v etc. on the performance of finned tube are discussed in detail. The results show that the higher T_v and η_oβ, and lower Re_i may lead to the negligible flow(mechanical) exergy loss rate. There exists an optimal value of Re_i where the net profit per unit transferred heat load peaks, while the variations of Re_o, ε_q and T_v cause monotonic change of the net profit per unit transferred heat load. The phase change temperature exerts relatively greater influence on the exergo-economic performance of finned tube in comparison with other parameters. And there exists a critical phase change temperature, where the net profit per unit transferred heat load is equal to zero.

Extension of the COSYMA-ECONOMICS module - cost calculations based on different economic sectors

International Nuclear Information System (INIS)

Faude, D.

1994-12-01

The COSYMA program system for evaluating the off-site consequences of accidental releases of radioactive material to the atmosphere includes an ECONOMICS module for assessing economic consequences. The aim of this module is to convert various consequences (radiation-induced health effects and impacts resulting from countermeasures) caused by an accident into the common framework of economic costs; this allows different effects to be expressed in the same terms and thus to make these effects comparable. With respect to the countermeasure 'movement of people', the dominant cost categories are 'loss-of-income costs' and 'costs of lost capital services'. In the original version of the ECONOMICS module these costs are calculated on the basis of the total number of people moved. In order to take into account also regional or local economic peculiarities of a nuclear site, the ECONOMICS module has been extended: Calculation of the above mentioned cost categories is now based on the number of employees in different economic sectors in the affected area. This extension of the COSYMA ECONOMICS module is described in more detail. (orig.)

Presentation of economic evaluation results.

Science.gov (United States)

Chaikledkaew, Usa

2014-05-01

The first HTA guidelines for Thailand included a chapter outlining a set of guidelines on how best to report the findings of health economic evaluations, based on a review of best practice and existing guidelines on the presentation of economic evaluation results from around the world. In this second edition of HTA guidelines for Thailand, the recommendations build on the first edition by using a case study to illustrate how the guidelines can be applied in a real research context. The guidelines propose that all reporting include ten key elements: defining the scope of the study, selection of comparator(s), defining the type of economic evaluation, measurement of costs, measurement of clinical effects, handling time in economic evaluation studies, handling uncertainty and sensitivity analysis, presentation of the results, discussion of the results, and disclosure of funding and authors conflict of interest.

Economic Theory, Economic Reality And Economic Policy

Directory of Open Access Journals (Sweden)

Dmitry Evgenievich Sorokin

2015-03-01

Full Text Available This paper analyzes the opposition between the «liberals» and «statists» in the Russian political and economic thought. It demonstrates that the economic liberalization is an absolute prerequisite for the transition to sustainable socio-economic development. Such development must rely on investment activities of the state, which in the current circumstances is a necessary but not sufficient measure for reversing the negative trends. The negative developments can be prevented only through implementation, along with the institutional changes in the economic area that form a strata of economically independent entrepreneurs-innovators, of no less profound transformation in political institutions aimed at democratization of public life

(Non-) behavioral economics: a programmatic assessment

OpenAIRE

Güth, Werner

2007-01-01

Economic theory has evolved without paying proper attention to behavioral approaches, especially to social, economic, and cognitive psychology. This has recently changed by including behavioral economics courses in many doctoral study programs. Although this new development is most welcome, the typical topics of the behavioral economics courses are not truly behavioral. More specifically, we question whether neoclassical repairs or game fitting exercises as well as more or less mechanic adapt...

The economics of electricity markets

CERN Document Server

Biggar, Darryl R

2014-01-01

With the transition to liberalized electricity markets in many countries, the shift to more environmentally sustainable forms of power generation and increasing penetration of electric vehicles and smart appliances, a fundamental understanding of the economic principles underpinning the electricity industry is vital. Using clarity and precision, the authors successfully explain economic theory of all liberalized electricity market types from a cross-disciplinary engineering and policy perspective. No prior engineering knowledge or economics expertise is assumed in introducing key ideas such as nodal pricing, optimal dispatch and efficient pricing or in extending those models to areas including investment, risk management and the handling of contingencies. Key features: Comprehensively covers the principles of all liberalized electricity market types, including the US, Europe, New Zealand and Australia. Provides up to date coverage of research and policy iss es, including design of financial transmission rig...

Ukraine’s trade and economic priorities in the Black sea economic cooperation

Directory of Open Access Journals (Sweden)

Andriy Goncharuk

2013-06-01

Full Text Available The article is devoted to the substantiation of trade and economic priorities of Ukraine’s integration into the Black Sea Economic Cooperation (BSEC. The country’s integration options have been analyzed including the Western European vs. pro-Russian integration vector, the bidirectional gravity model, and an alte — native subregional cooperation direction. Ukraine’s sectoral priorities for deepening economic cooperation with the BSEC member countries in the context of implementation of the national interests have been identified, in particular in the field of goods, transport and tourism services, and energy trading. The ways of and instruments for improving Ukraine’s trade activities within the framework of the Black Sea Economic Cooperation have been offered for the various working groups of the Organization that are focused on such areas of cooperation as macroeconomics, policy and law, finance and economics, science and technology, culture and society, infrastructure, and institutional renewal.

Two stages of economic development

OpenAIRE

Gong, Gang

2016-01-01

This study suggests that the development process of a less-developed country can be divided into two stages, which demonstrate significantly different properties in areas such as structural endowments, production modes, income distribution, and the forces that drive economic growth. The two stages of economic development have been indicated in the growth theory of macroeconomics and in the various "turning point" theories in development economics, including Lewis's dual economy theory, Kuznet...

Real analysis with economic applications

CERN Document Server

Ok, Efe A

2011-01-01

There are many mathematics textbooks on real analysis, but they focus on topics not readily helpful for studying economic theory or they are inaccessible to most graduate students of economics. Real Analysis with Economic Applications aims to fill this gap by providing an ideal textbook and reference on real analysis tailored specifically to the concerns of such students. The emphasis throughout is on topics directly relevant to economic theory. In addition to addressing the usual topics of real analysis, this book discusses the elements of order theory, convex analysis, optimization, correspondences, linear and nonlinear functional analysis, fixed-point theory, dynamic programming, and calculus of variations. Efe Ok complements the mathematical development with applications that provide concise introductions to various topics from economic theory, including individual decision theory and games, welfare economics, information theory, general equilibrium and finance, and intertemporal economics. Moreover, a...

Water Resources Research supports water economics submissions

Science.gov (United States)

Griffin, Ronald C.

2012-09-01

AGU's international interdisciplinary journal Water Resources Research (WRR) publishes original contributions in hydrology; the physical, chemical, and biological sciences; and the social and policy sciences, including economics, systems analysis, sociology, and law. With the rising relevance of water economics and related social sciences, the editors of WRR continue to encourage submissions on economics and policy. WRR was originally founded in the mid 1960s by Walter Langbein and economist Allen Kneese. Several former WRR editors have been economists—including David Brookshire, Ron Cummings, and Chuck Howe—and many landmark articles in water economics have been published in WRR.

Institutional factor in international economic activity of region and its socio-economic development

Directory of Open Access Journals (Sweden)

Elena Leonidovna Andreeva

2016-12-01

Full Text Available The article substantiates the impact of the institutional factor on the development of regional international economic relations. The scope of the study is regional international economic activity (IEA, the subject-matter is the role of the institutional factor in its development. The study purpose is to develop a scientific approach for the assessment of the institutional factor impact on the development of region’s international economic relations. The hypothesis is that the targeted efforts of all participants of IEA of the region (business, authorities, local community to strengthen of theese components of the institutional factor, which have a strong influence on the regional socio-economic development. A methodological approach for the assessment of this influenceis developed. It includes determining three elements of IEA institutionalization—agreements, organizations, events. A three-dimensional model is proposed for the coordination of these elements with 3 groups of countries—developed, developing and CIS, including the Eurasian Economic Union, and also with basic indexes characterizing the qualitative and quantitative contribution of region’s IEA into its socio-economic development. This model is tested on the example of the Sverdlovsk region of Russia for 2003–2015. That has allowed to define various kinds of the effects from strenthening the IEA institutional component, which are expressed in the increase of the export of the region, improvement of its investment attractiveness, the diversification of regional economy as well as the the generation of additional jobs and tax flows increase.

Economic value of walkability

Energy Technology Data Exchange (ETDEWEB)

Litman, T.

2004-10-12

Traditional transportation planning and evaluation practices treat walking as a minor transport mode. However, it is evident that walking is a critical component of the transport system. This paper presents a series of methods to evaluate the value of walking and walkability, which is defined as the quality of walking conditions, including safety, comfort and convenience. The socio-economic benefits of walking and walkability were discussed, including basic mobility, consumer cost savings and reduced external costs. Efficient land use, community livability, improved public health, economic development and support for equity objectives were also presented as potential benefits. It was concluded that walking receives less than its appropriate share of transportation resources, and that improvements in walkability can provide a high economic return on investment. Increased government funding to walking facilities and programs was recommended. Other recommendations included: shifting road space from traffic and parking lanes to sidewalks and paths; and policies to create more walkable safety and comfort. These recommendations comply with other transport and land use management reforms to reduce automobile dependency and create greater accessibility. refs., tabs., figs.

Economics Action Pack.

Science.gov (United States)

McDonald's Corp., Oak Brook, IL.

One of five McDonald's Action Packs, this learning package introduces intermediate grade students to basic economic concepts. The fourteen activities include the topics of consumption (4 activities), production (5), the market system (3), a pretest, and a posttest. Specific titles under consumption include The Wonderful Treasure Tree (introduction…

The Economic Crisis and Sustainable Development

DEFF Research Database (Denmark)

Lund, Henrik; Hvelplund, Frede

2012-01-01

of sustainable energy solutions involves the replacement of imported fossil fuels by substantial investments in energy conservation and renewable energy (RE). In such situation, it becomes increasingly essential to develop economic thinking and economic models that can analyse the concrete institutions in which......This paper presents Concrete Institutional Economics as an economic paradigm to understand how the wish for sustainable energy in times of economiccrisis can be used to generate jobs as well as economic growth. In most countries, including European countries, the USA and China, the implementation...

Ecological economics and institutional change.

Science.gov (United States)

Krall, Lisi; Klitgaard, Kent

2011-02-01

Ecological economics remains unfinished in its effort to provide a framework for transforming the economy so that it is compatible with biophysical limits. Great strides have been made in valuing natural capital and ecosystem services and recognizing the need to limit the scale of economic activity, but the question of how to effectively transform the economy to limit the scale of economic activity remains unclear. To gain clarity about the institutional changes necessary to limit the scale of economic activity, it is essential that ecological economics understands the limitations of its neoclassical roots and expands its theoretical framework to include how markets are embedded in social and institutional structures. This has long been the domain of institutional economics and heterodox political economy. © 2011 New York Academy of Sciences.

Sizing, techno-economic and generation management analysis of a stand alone photovoltaic power unit including storage devices

International Nuclear Information System (INIS)

Jallouli, Rihab; Krichen, Lotfi

2012-01-01

Due to the mismatch between the load demand and the intermittent solar energy, a stand-alone photovoltaic-hydrogen system and an optimal control scheme are designed to maintain the high system efficiency. Based on meteorological and the load demand data, a system sizing technique is proposed to establish the minimum capacity of the system components, which are a photovoltaic (PV) panel, a proton exchange membrane fuel cell (PEMFC), a battery bank and an alkaline electrolyzer (Elz). An accurate energy management scheme that is utilized during power transfer is proposed to meet the economic requirements. Case studies are used to verify the efficiency of the energy management strategy and system sizing technique. Simulation results illustrate a simple solution to the design and processing of stand-alone PV-hydrogen (PV-H 2 ) systems. -- Highlights: ► We study a stand alone PV-hydrogen system comprising renewable devices. ► A PV generator, a battery bank, a fuel cell and an electrolyzer are modeled. ► Power management taking into account the economic arrangement and the operating conditions to ensure energy availability is proposed.

The unity of science and economics a new foundation of economic theory

CERN Document Server

Chen, Jing

2016-01-01

This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us ...

"Essential Principles of Economics:" A Hypermedia Textbook.

Science.gov (United States)

McCain, Roger A.

2000-01-01

Discusses an electronic textbook called "Essential Principles of Economics." Explains that economic concepts are found by following links from the table of contents, while each chapter includes both expository information and interactive material including online multiple-choice drill questions. States that the textbook is a "work…

Putin's and Russian-led Eurasian Economic Union: A hybrid half-economics and half-political “Janus Bifrons”

Directory of Open Access Journals (Sweden)

Bruno S. Sergi

2018-01-01

Full Text Available The Eurasian Economic Union is an institution formalized in January 2015 for the purpose of regional economic integration; it includes five countries: Russia, Kazakhstan, Belarus, Armenia, and Kyrgyzstan, and may include Mongolia and Tajikistan in the future. With a GDP of $1.59 trillion in 2015, an industrial production of $1.3 trillion in 2014, and population of almost 200 million as of 2016, the EEAU could represent a geopolitical success that supports both Putin's ambitious political agenda and the Union's economic prospects. Although the efforts of this Union are ongoing and long-term success is not certain, the Russia-led Eurasian Economic Union can be considered a hybrid half-economics and half-political “Janus Bifrons” that serves as a powerful illustration of what Putin envisions for the post-Soviet space. Despite promising steps so far, more should be done toward the achievement of economic development and balanced opportunity for all Eurasian countries. Russia's longstanding role within the Union, as well as its power and political motivations, are all considerations that must be accounted for.

Agent-based models in economics a toolkit

CERN Document Server

Fagiolo, Giorgio; Gallegati, Mauro; Richiardi, Matteo; Russo, Alberto

2018-01-01

In contrast to mainstream economics, complexity theory conceives the economy as a complex system of heterogeneous interacting agents characterised by limited information and bounded rationality. Agent Based Models (ABMs) are the analytical and computational tools developed by the proponents of this emerging methodology. Aimed at students and scholars of contemporary economics, this book includes a comprehensive toolkit for agent-based computational economics, now quickly becoming the new way to study evolving economic systems. Leading scholars in the field explain how ABMs can be applied fruitfully to many real-world economic examples and represent a great advancement over mainstream approaches. The essays discuss the methodological bases of agent-based approaches and demonstrate step-by-step how to build, simulate and analyse ABMs and how to validate their outputs empirically using the data. They also present a wide set of applications of these models to key economic topics, including the business cycle, lab...

Health economics education in undergraduate medical training: introducing the health economics education (HEe) website

Science.gov (United States)

2013-01-01

In the UK, the General Medical Council clearly stipulates that upon completion of training, medical students should be able to discuss the principles underlying the development of health and health service policy, including issues relating to health economics. In response, researchers from the UK and other countries have called for a need to incorporate health economics training into the undergraduate medical curricula. The Health Economics education website was developed to encourage and support teaching and learning in health economics for medical students. It was designed to function both as a forum for teachers of health economics to communicate and to share resources and also to provide instantaneous access to supporting literature and teaching materials on health economics. The website provides a range of free online material that can be used by both health economists and non-health economists to teach the basic principles of the discipline. The Health Economics education website is the only online education resource that exists for teaching health economics to medical undergraduate students and it provides teachers of health economics with a range of comprehensive basic and advanced teaching materials that are freely available. This article presents the website as a tool to encourage the incorporation of health economics training into the undergraduate medical curricula. PMID:24034906

Health economics education in undergraduate medical training: introducing the health economics education (HEe) website.

Science.gov (United States)

Oppong, Raymond; Mistry, Hema; Frew, Emma

2013-09-13

In the UK, the General Medical Council clearly stipulates that upon completion of training, medical students should be able to discuss the principles underlying the development of health and health service policy, including issues relating to health economics. In response, researchers from the UK and other countries have called for a need to incorporate health economics training into the undergraduate medical curricula. The Health Economics education website was developed to encourage and support teaching and learning in health economics for medical students. It was designed to function both as a forum for teachers of health economics to communicate and to share resources and also to provide instantaneous access to supporting literature and teaching materials on health economics. The website provides a range of free online material that can be used by both health economists and non-health economists to teach the basic principles of the discipline. The Health Economics education website is the only online education resource that exists for teaching health economics to medical undergraduate students and it provides teachers of health economics with a range of comprehensive basic and advanced teaching materials that are freely available. This article presents the website as a tool to encourage the incorporation of health economics training into the undergraduate medical curricula.

Institutions, Entrepreneurship, and Economic Growth

DEFF Research Database (Denmark)

Bjørnskov, Christian; Foss, Nicolai Juul

2016-01-01

sample limitations, omitted variable biases, causality issues, and response heterogeneity. We argue that theories in management research, such as the resource-based view, transaction cost economics, and strategic entrepreneurship theory, can fill some of the conceptual and theoretical gaps.......We review the literature that links institutions, entrepreneurship, and economic growth outcomes, focusing in particular on empirical research. Most of the literature has an economics orientation, but we also review relevant literature from other social sciences, including management research...

Behavioral Economics: A Maverick Guide

OpenAIRE

Hugh Schwartz

2014-01-01

These are the notes from the first half of a course in behavioral economics offered in Uruguay in November 2014. This part of the course, entirely verbal, was aimed at outlining the essentials of behavioral economics. The principal assignments were from the second edition of Edward Cartwright’s Behavioral Economics. The second part of the course, taught by Dr. Martin Egozcue, is not included. It emphasized prospect theory, mental accounts and inter-temporal decision making, and featured subst...

Economic utopia of the Torah. Economic concepts of the Hebrew Bible interpreted according to the Rabbinical Literature

OpenAIRE

Esa Mangeloja

2004-01-01

Hebrew Bible offers alternative Economic utopia for building Theocratic society. In this paper, various economic concepts and themes are presented, as found in the Hebrew Bible. These economic concepts include taxation, property rights, labor market, social policy, banking, years of Sabbath and Jubilee, and business cycles. Most economic issues of the Bible are found in the texts of Torah, also known as five Books of Moses. These texts are analyzed by using classical Rabbinical commentaries f...

Economic effects of corruption in judiciary

Directory of Open Access Journals (Sweden)

Begović Boris

2005-01-01

Full Text Available The aim of the paper was to explore economic effects of corruption in judiciary. The examination included the analysis of economic features of judiciary and economic mechanisms of corruption in judiciary within the theoretical framework of Backer's model of criminal behavior. The analysis demonstrates that corruption in judiciary violates the rule of law, hence undermines the fundaments of market economy and specialization, i.e. social division of labor as the ground for improving economic efficiency. As to the static economic efficiency, the most important effect of corruption in judiciary is transaction costs that are generated and the consequent allocative inefficiency. As to the dynamic economic efficiency, corruption decreases economic growth rates and reallocates recourses from productive to distributive activities. The effects of corruption in judiciary to economic inequality are not significant, particularly not comparing with the already identified effects to the economic efficiency.

Economía de la cultura. Una nueva área de especialización de la economía

OpenAIRE

Luis Antonio Palma M.; Luis Fernando Aguado Q.

2010-01-01

Cultural economics has recently been included in the development of Economics. The seminal paper Performing Arts: The Economic Dilemma by William Baumol and William Bowen, much acknowledged by specialists and from which this specialisation originates, dates back to 1966. In spite of its short life, cultural economics is a dynamic area for applying economic analysis to diverse subjects such as: “Baumol’s cost-disease”, cultural policy, models of consumption of cultural goods, concepts of capit...

Demographic and Economic Changes and Postsecondary Education.

Science.gov (United States)

Charner, Ivan

The interaction of demographic and economic shifts has led to, and will continue to effect, changes in the postsecondary education system and institutions. Demographic shifts include aging of the population, more women in the paid labor force, and increased numbers of minorities. Economic shifts include the growth of the information sector,…

Asian Economic Integration Monitor July 2012

OpenAIRE

Asian Development Bank (ADB); Asian Development Bank (ADB); Asian Development Bank (ADB); Asian Development Bank (ADB)

2012-01-01

The Asian Economic Integration Monitor is a semiannual review of Asia’s regional economic cooperation and integration. It covers 48 regional member countries of the Asian Development Bank. This issue includes a special section—Regional Integration: A Balanced View.

European Economic Integration

Science.gov (United States)

Huston, James A.

1971-01-01

Recounts the history and problems of European Economic Integration from the first post World War II organization, the OEEC, to the EEC (Common Market) and the EFTA. Suggestions for further reading are included. (JB)

Climate economics in progress 2011; Climate economics in progress 2011

Energy Technology Data Exchange (ETDEWEB)

De Perthuis, Christian [Paris-Dauphine University (France); Jouvet, Pierre-Andre [Paris-Ouest University (France); Trotignon, Raphael; Simonet, Gabriela; Boutueil, Virginie [Climate Economics Chair, Paris-Dauphine University (France)

2011-10-01

Climate Economics in Progress offers a global overview of the present status of action on climate change. Drawing on the most recent data, it analyzes the development of carbon markets in Europe and other parts of the world. It also examines the conditions for including major players such as China and new sectors such as agriculture, forestry and transport in the fight against global warming. The book is essential reading for anyone wishing to understand current advances in climate control, which could pave the way for a new form of economic growth. The book brings together a group of researchers whose goal is to make the link between academic research on the economics of climate change and the implementation of operational tools, thereby allowing the climate issue to be integrated into the functioning of the real economy

A HUMANISING ECONOMIC APPROACH ON COMPETITION POLICY OR HOW THE BEHAVIORAL ECONOMICS BLENDS WITH “TRADITIONAL ECONOMICS”

Directory of Open Access Journals (Sweden)

Liviana Andreea Niminet

2015-07-01

Full Text Available Behavioral are crucial for understanding both the consumer’s attitude and firms’ attitude as well as for understanding the market outcomes. The past ten years brought a lot of attention from researchers and policy-makers on the behavioral economics issue. Classical, traditional economic models rely on the assumptions of rationality and ordered preferences. Behavioral economics explores interactions between demand and supply including information framing, the use of heuristics in decision-making and time-inconsistent preferences. The research on behavioral economics has led to an extensive debate about the relative merits of both traditional and behavioral economics. First of all we propose to highlight the advantages and disadvantages of behavioral economics versus traditional economics on a very sensitive issue: the competition policy. Then we address market issues that can be solved by means of behavioral economics afterwards turning out attention to the remedies of behavioral economics and ,last but not least, the United Kingdom successful model on the matter of competition policy.

Employment and Economic Insecurity: A Commonsian Perspective

Directory of Open Access Journals (Sweden)

Sylvie Morel

2010-01-01

Full Text Available The principal concern of this paper is with the need of a theoretical shift in economics for analyzing and devising efficient and innovative policy reforms to combat employment insecurity. Mainstream economics is unable to provide appropriate theorizing about economic phenomena, including economic insecurity. Thus, we must turn to economic theories which radically question the dominant paradigm in economics. John Rogers Commons's institutionalist theory accomplishes that. First, the author of this paper outlines the distinctive character of this theory by presenting some of its crucial methodological differences with neoclassical economics. Second, she explains how economic insecurity is conceptualized as an "instituted" process with this theory of institution. A better mastery of this specific school of thought in economics appears to escape the problems met by mainstream economics by proposing a real theoretical alternative for the development of a truly evolutionary, trans-disciplinary and ethical economic theory.

Employment and Economic Insecurity: A Commonsian Perspective

Directory of Open Access Journals (Sweden)

Sylvie Morel

2009-12-01

Full Text Available The principal concern of this paper is with the need of a theoretical shift in economics for analyzing and devising efficient and innovative policy reforms to combat employment insecurity. Mainstream economics is unable to provide appropriate theorizing about economic phenomena, including economic insecurity. Thus, we must turn to economic theories which radically question the dominant paradigm in economics. John Rogers Commons's institutionalist theory accomplishes that. First, the author of this paper outlines the distinctive character of this theory by presenting some of its crucial methodological differences with neoclassical economics. Second, she explains how economic insecurity is conceptualized as an "instituted" process with this theory of institution. A better mastery of this specific school of thought in economics appears to escape the problems met by mainstream economics by proposing a real theoretical alternative for the development of a truly evolutionary, trans-disciplinary and ethical economic theory.

The Economic Crisis and Sustainable Development

DEFF Research Database (Denmark)

Lund, Henrik; Hvelplund, Frede

of sustainable energy solutions involves the replacement of imported fossil fuels by substantial investments in energy conservation and renewable energy. In such situation, it becomes increasingly essential to develop economic thinking and economic models that can analyse the concrete institutions in which......This paper presents Concrete Institutional Economics as an economic paradigm to understand how the wish for sustainable energy in times of economic crisis can be used to generate jobs as well as economic growth. In most countries, including European countries, the USA and China, the implementation...... the market is embedded. This paper presents such tools and methodologies and applies them to the case of the Danish heating sector. The case shows how investments in decreasing fossil fuels and CO2 emissions can be made in a way in which they have a positive influence on job creation and economic development...

Economic effects on taxing CO2 emissions

International Nuclear Information System (INIS)

Haaparanta, P.; Jerkkola, J.; Pohjola, J.

1996-01-01

The CO 2 emissions can be reduced by using economic instruments, like carbon tax. This project included two specific questions related to CO 2 taxation. First one was the economic effects of increasing CO 2 tax and decreasing other taxes. Second was the economic adjustment costs of reducing net emissions instead of gross emissions. A computable general equilibrium (CGE) model was used in this analysis. The study was taken place in Helsinki School of Economics

Introduction to Economic Analysis

OpenAIRE

R. Preston McAfee

2005-01-01

This book presents introductory economics ("principles") material using standard mathematical tools, including calculus. It is designed for a relatively sophisticated undergraduate who has not taken a basic university course in economics. It also contains the standard intermediate microeconomics material and some material that ought to be standard but is not. The book can easily serve as an intermediate microeconomics text. The focus of this book is on the conceptual tools and not on fluff. M...

Low-level radwaste engineering economics

International Nuclear Information System (INIS)

Jacobs, M.H.; Miller, C.C.; Young, L.G.

1984-07-01

This topical report on engineering economics for low-level radwaste systems details the methodologies used for economic analyses of radwaste treatment systems and provides examples of radwaste economic evaluations. All of the parameters and cost items used in an evaluation are defined. Examples of the present-value-of-revenue-requirements method, levelized-revenue-requirements method, and the equivalent-capital-investment method are provided. Also, the calculation to determine the maximum justifiable capital expenditure for a radwaste system is illustrated. The report also provides examples of economic evaluations for many current radwaste treatment options. These options include evaporation versus demineralization, dewatering resins versus solidification of resins, and several volume reduction systems. 15 figures, 6 tables

Economic impact of medication error: a systematic review.

Science.gov (United States)

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

2017-05-01

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

Louisiana Speaks Regional Plan Vision Special Economic Zones, UTM Zone 15N NAD83, Louisiana Recovery Authority (2007), [louisiana_speaks_vision_special_economic_zones

Data.gov (United States)

Louisiana Geographic Information Center — This GIS shapefile data illustrates special economic zones included in the Louisiana Speaks Regional Plan Vision. Special economic zones include existing national,...

Analysis of the Economic Impact of Large-Scale Deployment of Biomass Resources for Energy and Materials in the Netherlands. Appendix 2. Macro-economic Scenarios

International Nuclear Information System (INIS)

Banse, M.

2009-03-01

The Bio-based Raw Materials Platform (known as PGG), which is part of the Energy Transition programme in the Netherlands, commissioned the Agricultural Economics Research Institute (LEI) and the Copernicus Institute of Utrecht University to study the macro-economic impact of large-scale deployment of biomass for energy and materials in the Netherlands. Two model approaches were applied based on a consistent set of scenario assumptions: a bottom-up study including techno-economic projections of fossil and bio-based conversion technologies and a top-down study including macro-economic modelling of (global) trade of biomass and fossil resources. The results of the top-down study (part 2) including macro-economic modelling of (global) trade of biomass and fossil resources, are presented in this report

CDBG Economic Development Activity

Data.gov (United States)

Department of Housing and Urban Development — CDBG activity related to economic development, including commercial or industrial rehab, commercial or industrial land acquisition, commercial or industrial...

Ecological economics and economic growth.

Science.gov (United States)

Victor, Peter A

2010-01-01

Boulding's 1966 paper on the economics of spaceship Earth established the framework for ecological economics and an understanding of economic growth. In ecological economics, economies are conceptualized as open subsystems of the closed biosphere and are subject to biophysical laws and constraints. Economic growth measured as an increase in real gross domestic product (GDP) has generally been associated with increases in the use of energy and materials and the generation of wastes. Scale, composition, and technology are the proximate determinants of environmental impacts. They are often reduced to two: scale (GDP) and intensity (impact per unit GDP). New work described in this paper defines "green" growth as intensity that declines faster than scale increases. Similarly, "brown" growth occurs when intensity declines more slowly than increases in scale, and "black" growth happens when both scale and intensity increase. These concepts are then related to the environmental Kuznets curve, which can be understood as a transition from brown to green growth. Ecological economics provides a macroperspective on economic growth. It offers broad policy principles, and it challenges the primacy of economic growth as a policy objective, but many important questions remain.

What is the economic evidence for mHealth? A systematic review of economic evaluations of mHealth solutions.

Science.gov (United States)

Iribarren, Sarah J; Cato, Kenrick; Falzon, Louise; Stone, Patricia W

2017-01-01

Mobile health (mHealth) is often reputed to be cost-effective or cost-saving. Despite optimism, the strength of the evidence supporting this assertion has been limited. In this systematic review the body of evidence related to economic evaluations of mHealth interventions is assessed and summarized. Seven electronic bibliographic databases, grey literature, and relevant references were searched. Eligibility criteria included original articles, comparison of costs and consequences of interventions (one categorized as a primary mHealth intervention or mHealth intervention as a component of other interventions), health and economic outcomes and published in English. Full economic evaluations were appraised using the Consolidated Health Economic Evaluation Reporting Standards (CHEERS) checklist and The PRISMA guidelines were followed. Searches identified 5902 results, of which 318 were examined at full text, and 39 were included in this review. The 39 studies spanned 19 countries, most of which were conducted in upper and upper-middle income countries (34, 87.2%). Primary mHealth interventions (35, 89.7%), behavior change communication type interventions (e.g., improve attendance rates, medication adherence) (27, 69.2%), and short messaging system (SMS) as the mHealth function (e.g., used to send reminders, information, provide support, conduct surveys or collect data) (22, 56.4%) were most frequent; the most frequent disease or condition focuses were outpatient clinic attendance, cardiovascular disease, and diabetes. The average percent of CHEERS checklist items reported was 79.6% (range 47.62-100, STD 14.18) and the top quartile reported 91.3-100%. In 29 studies (74.3%), researchers reported that the mHealth intervention was cost-effective, economically beneficial, or cost saving at base case. Findings highlight a growing body of economic evidence for mHealth interventions. Although all studies included a comparison of intervention effectiveness of a health

ENTREPRENEURSHIP ECONOMIC SAFETY AND DEVELOPMENT OF SECURITY SERVICES

Directory of Open Access Journals (Sweden)

G. V. Goudkov

2011-01-01

Full Text Available Successful functioning of the industry that provides for safety of organizations and physical entities exercises strategic impacts on development of society and economics of any state including Russia. Economic safety of Russia is directly linked with economic and information safety of itsbusiness structures. Extension of the scope and use of services offered by experienced state and private security enterprises including licensed individuals is one of most important directions of business safety perfection. Further improvement of Russian legislation on non-governmentalsecurity structures and coordination of their activities with those of state law enforcement bodies is obligatory condition of attaining higherpublic and economic safety levels.

Engineering economics of alternative energy sources

International Nuclear Information System (INIS)

Denno, K.

1990-01-01

This textbook presents a comprehensive picture of the economic aspects, feasibility and adaptability of alternative energy sources and their interconnections. The author intends for this treatment of energy sources to be total and complete. It therefore includes such topics as low temperature and high temperature fuel cells, rechargeable storage batteries (including lead acid, nickel-cadmium, lithium, and sodium-sulfur), Redox flows cells energy system in compatibility with fuel cells and storage batteries, MHD energy systems using non-fossil renewable fuels, solar energy system using direct thermal units and photovoltaic generators, wind energy conversion systems, tidal ocean wave energy converters, geothermal energy, and ocean thermal energy conversion systems. The book is structured so that each major energy source is given one chapter. Each chapter begins with a discussion of the basic structural components of the energy source, as well as operational and fuel characteristics. This is followed by an economic analysis, which includes incremental energy cost curves and economic coordination equations for each possible system of operation. Where appropriate, economic scheduling of generation is applied to several modes of system consumption (e.g., localized dispersed systems, interconnected load centers, and central systems)

Ecuador's Presidential Election: Background on Economic Issues

OpenAIRE

Mark Weisbrot; Luis Sandoval; Belén Cadena

2006-01-01

This paper looks at the biggest economic challenges that Ecuador's new president will need to address, and examines its recent economic history, including the issues of growth, dollarization, and international trade and finance.

Economic evaluation of health promotion interventions for older people: do applied economic studies meet the methodological challenges?

Science.gov (United States)

Huter, Kai; Dubas-Jakóbczyk, Katarzyna; Kocot, Ewa; Kissimova-Skarbek, Katarzyna; Rothgang, Heinz

2018-01-01

In the light of demographic developments health promotion interventions for older people are gaining importance. In addition to methodological challenges arising from the economic evaluation of health promotion interventions in general, there are specific methodological problems for the particular target group of older people. There are especially four main methodological challenges that are discussed in the literature. They concern measurement and valuation of informal caregiving, accounting for productivity costs, effects of unrelated cost in added life years and the inclusion of 'beyond-health' benefits. This paper focuses on the question whether and to what extent specific methodological requirements are actually met in applied health economic evaluations. Following a systematic review of pertinent health economic evaluations, the included studies are analysed on the basis of four assessment criteria that are derived from methodological debates on the economic evaluation of health promotion interventions in general and economic evaluations targeting older people in particular. Of the 37 studies included in the systematic review, only very few include cost and outcome categories discussed as being of specific relevance to the assessment of health promotion interventions for older people. The few studies that consider these aspects use very heterogeneous methods, thus there is no common methodological standard. There is a strong need for the development of guidelines to achieve better comparability and to include cost categories and outcomes that are relevant for older people. Disregarding these methodological obstacles could implicitly lead to discrimination against the elderly in terms of health promotion and disease prevention and, hence, an age-based rationing of public health care.

Health economic evaluation in England.

Science.gov (United States)

Raftery, James

2014-01-01

The 2010 National Health Service Constitution for England specified rights and responsibilities, including health economic evaluation for the National Institute for Health and Care Excellence (NICE) and the Joint Committee on Vaccinations and Immunisations. The National Screening Committee and the Health Protection Agency also provide advice to the Government based on health economic evaluation. Each agency largely follows the methods specified by NICE. To distinguish the methods from neoclassical economics they have been termed "extra-welfarist". Key differences include measurement and valuation of both benefits (QALYs) and costs (healthcare related). Policy on discounting has also changed over time and by agency. The debate over having NICE's methods align more closely with neoclassical economics has been prominent in the ongoing development of "value based pricing". The political unacceptability of some decisions has led to special funding for technologies not recommended by NICE. These include the 2002 Multiple Sclerosis Risk Sharing Scheme and the 2010 Cancer Drugs Fund as well as special arrangements for technologies linked to the end of life and for innovation. Since 2009 Patient Access Schemes have made price reductions possible which sometimes enables drugs to meet NICE's cost-effectiveness thresholds. As a result, the National Health Service in England has denied few technologies on grounds of cost-effectiveness. Copyright © 2014. Published by Elsevier GmbH.

Modularity and Economic Organization

DEFF Research Database (Denmark)

Sanchez, Ron; Mahoney, Joseph T.

This paper addresses modularity as a basis for organizing economic activity. We first define the key concepts of architecture and of modularity as a special form of architecture. We then suggest how modular systems of all types may exhibit several properties of fundamental importance to the organ......This paper addresses modularity as a basis for organizing economic activity. We first define the key concepts of architecture and of modularity as a special form of architecture. We then suggest how modular systems of all types may exhibit several properties of fundamental importance...... to the organization of economic activities, including greater adaptability and evolvability than systems that lack modular properties. We draw extensively on our original 1996 paper on modularity and subsequent research to suggest broad theoretical implications of modularity for (i) firms' product strategies...... markets. We also discuss an evolutionary perspective on modularity as an emergent phenomenon in firms and industries. We explain how modularity as a relatively new field of strategy and economic research may provide a new theoretical perspective on economic organizing that has significant potential...

The economics of information systems and software

CERN Document Server

Veryard, Richard

2014-01-01

The Economics of Information Systems and Software focuses on the economic aspects of information systems and software, including advertising, evaluation of information systems, and software maintenance. The book first elaborates on value and values, software business, and scientific information as an economic category. Discussions focus on information products and information services, special economic properties of information, culture and convergence, hardware and software products, materiality and consumption, technological progress, and software flexibility. The text then takes a look at a

Deepening the economic integration in the Eastern Partnership: from a Free Trade Area to a Neighbourhood Economic Community?

Directory of Open Access Journals (Sweden)

Gabriela DRĂGAN

2015-12-01

Full Text Available Different forms of cooperation and regional integration, implying specific institutional agreements and instruments, have been developed in the last decades in the EU neighbourhood. The offer provided by the Eastern Partnership (EaP, which includes both economic and political objectives, has not proven attractive enough for the Eastern Neighbourhood. The region is currently divided between two global powers (EU and Russia and two competing regional integration areas, the Deep and Comprehensive Free Trade Area and the Eurasian Single Economic Space. The paper focuses on the main limits of the economic tools included in the EU’s current offer and proposes several directions for EaP’s reform.

77 FR 47880 - U.S.-Trans-Pacific Partnership Free Trade Agreement Including Canada and Mexico: Advice on the...

Science.gov (United States)

2012-08-10

....S.-Trans-Pacific Partnership Free Trade Agreement Including Malaysia: Advice on Probable Economic... Partnership Free Trade Agreement Including Canada and Mexico: Advice on the Probable Economic Effect of... Mexico: Advice on the Probable Economic Effect of Providing Duty-Free Treatment for Imports. DATES...

China-Pakistan Economic Corridor.

Energy Technology Data Exchange (ETDEWEB)

Boyce, Tucker [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

2017-01-01

International trade and related economic activities in Central and South Asia are increasing as developing economies, particularly India and Pakistan, grow. China continues to emerge as a major regional and global power and has embarked upon numerous regional economic and political initiatives . A major development is the China - Pakistan Economic Corridor (CPEC), a host of infrastructure and trade projects worth over 40 billion American dollars . This report analyzes CPEC a nd its potential regional effects, including the trade security implications of the port and land infrastructure developments . As trade increase s in the reg ion and the major CPEC infrastructure projects are completed, there will be numerous implications on trade security and geopolitics within South Asia. CPEC projects uniquely intersect numerous regional situations, including territorial disputes in Kashmir, the Afghanistan/Pakistan border, and Chinese foreign policy a mbitions. A nuanced understanding of these effects can influence future policy adjustments in this region . The views expressed in this report are those of the author and do not necessarily reflect the position of Sandia National Laboratories or the author's current and past institutions.

China's Economic Conditions

National Research Council Canada - National Science Library

Morrison, Wayne M

2008-01-01

... (the fastest annual growth since 1994). While China is expected to continue to enjoy rapid economic growth in the years ahead and could become the world s largest economy within a decade or so, it faces a number of challenges, including...

China's Economic Conditions

National Research Council Canada - National Science Library

Morrison, Wayne M

2008-01-01

... (the fastest annual growth since 1994). While China is expected to continue to enjoy rapid economic growth in the years ahead and could become the world's largest economy within a decade or so, it faces a number of challenges, including...

Health economic evaluation: important principles and methodology.

Science.gov (United States)

Rudmik, Luke; Drummond, Michael

2013-06-01

To discuss health economic evaluation and improve the understanding of common methodology. This article discusses the methodology for the following types of economic evaluations: cost-minimization, cost-effectiveness, cost-utility, cost-benefit, and economic modeling. Topics include health-state utility measures, the quality-adjusted life year (QALY), uncertainty analysis, discounting, decision tree analysis, and Markov modeling. Economic evaluation is the comparative analysis of alternative courses of action in terms of both their costs and consequences. With increasing health care expenditure and limited resources, it is important for physicians to consider the economic impact of their interventions. Understanding common methodology involved in health economic evaluation will improve critical appraisal of the literature and optimize future economic evaluations. Copyright © 2012 The American Laryngological, Rhinological and Otological Society, Inc.

Economics of Convention and New Economic Sociology

DEFF Research Database (Denmark)

Jagd, Søren

2007-01-01

The aim of the article is to explore potential common themes in economic sociology and economics of conventions. The article explores two issues raised by economics of conventions that may be of particular importance to economic sociology. First, the explicit exploration of the consequences...... of a plurality of forms of justification, as elaborated in économie de la grandeur. This perspective was recently taken up in economic sociology by David Stark's introduction of the notion ‘sociology of worth'. The second issue, recently suggested by André Orléan, is the need to denaturalize economic theory...... and economic action to demonstrate the social constructed nature of economic action. It is argued that these two issues demonstrate that a fruitful dialogue is indeed possible between economic sociology and economics of convention and should be encouraged....

Economic Citizenship and Socio-Economic Rationality as Foundations of an Appropriate Economic Education

Directory of Open Access Journals (Sweden)

Christoph Schank

2014-10-01

Full Text Available In this article we argue that social science education needs to convey more than operational mechanisms of society. Especially in socio-economic education, questions of business ethics, i.e. phenomena of economics and society need to be integrated and reflected, decidedly focusing on the moral content of economics. With the introduction of economic citizenship as the ideal economic actor to be the purpose of economic education, this paper proposes that economic education needs to connect economic expertise and moral judgment and should also allude to the necessity of every market action’s conditional legitimization by society. We propose to discuss different ‘sites’ of morality as a heuristic approach to the different areas of economic responsibility. The individual, organizational and political level of responsibility helps to categorize the different moral issues of economic activity and serves as a great pattern to explain economic relations to scholars and students.

Venezuela's Economic Recovery: Is It Sustainable?

OpenAIRE

Jake Johnston; Mark Weisbrot

2012-01-01

Venezuela’s current growth is generally described as unsustainable, with various negative scenarios put forth, including spiraling debt, inflation, and balance of payments crises. However, these pessimistic forecasts have been far off the mark for most of the past decade. This paper looks at the available economic data to see if Venezuela’s economic recovery could be sustained, or even accelerated. It finds that Venezuela’s current economic growth is sustainable and could continue at the curr...

Minimizing Public Sector Corruption: The Economics of Crime, Identity Economics, and Money Laundering

OpenAIRE

Armey, L.; Melese, F.

2017-01-01

This version includes corrections, republished in the article of record: http://dx.doi.org/10.1080/10242694.2017.1318013 The article of record may be found at http://dx.doi.org/10.1080/10242694.2017.1318013 This paper offers a simple strategic framework to help governments use various policy mechanisms to minimize public sector corruption. The paper offers a formal model that blends economics of crime models with identity economics and money laundering. It presents a partial equilibriu...

A critical review of regional economic integration in China

OpenAIRE

Wang RUI

2015-01-01

Under the circumstances of economic globalization, regional economic integration has become the mainstream of current economic development for each country, so China has to pay more attention to it. The critical review on regional economic integration in China can lay a certain foundation and provide experience for the in-depth research. Main contents of regional economic integration are refined according to the previous studies and realities, including the integration of regional economic re...

Economic Sociology and Economics of Convention

DEFF Research Database (Denmark)

Jagd, Søren

This paper is part of a larger exploration of the French Economics of Convention tradition. The aim of the paper is to explore potential themes of common interest to economic sociology and Economics of Conventions. The paper is in two parts. First, I summarise the main theoretical features of EC...... the institutional framework of social action. Second, I explore two issues raised by economics of conventions that may be particularly important to consider for economic sociology. The first issue is the explicit exploration of the consequences of a plurality of forms of justification suggested by Luc Boltanski...... and Laurent Thévenot in ‘économie de la grandeur’. This perspective has already been taken up in economic sociology in David Stark’s notion of a ‘Sociology of Worth’. The second issue, recently suggested by André Orléan, is the need to denaturalise economic theory and economic action to demonstrate the social...

Introducing Undergraduates to Economics in an Interdisciplinary Setting.

Science.gov (United States)

Caviglia-Harris, Jill L.

2003-01-01

Outlines a model for teaching economics that incorporates introductory economics concepts into an interdisciplinary class that includes three disciplines focused on a central theme. Covers the principles of microeconomics and the fundamentals of environmental economics. Links these topics to those covered in the ecology and philosophy sections of…

French Economics of Convention and Economic Sociology

DEFF Research Database (Denmark)

Jagd, Søren

foundation of markets and of money may be an occasion for economic sociology to focus even more on elaborating on the institutional void created by traditional economic theory. A second point is that economic sociology could benefit from the perspective of a plurality of forms of coordination involved......The French Economics of convention tradition has developed to be an influential research tradition situated in the area between economics and sociology. The aim of the paper is to explore some of the themes that may be common to economics of conventions and economic sociology by looking more...... closely into three recent texts from the economics of convention tradition discussing, in slightly different ways, differences and similarities between economics of convention and economic sociology. It is argued that André Orléan’s point that a common aim could be to ‘denaturalise’ the institutional...

Conducting systematic reviews of economic evaluations.

Science.gov (United States)

Gomersall, Judith Streak; Jadotte, Yuri Tertilus; Xue, Yifan; Lockwood, Suzi; Riddle, Dru; Preda, Alin

2015-09-01

In 2012, a working group was established to review and enhance the Joanna Briggs Institute (JBI) guidance for conducting systematic review of evidence from economic evaluations addressing a question(s) about health intervention cost-effectiveness. The objective is to present the outcomes of the working group. The group conducted three activities to inform the new guidance: review of literature on the utility/futility of systematic reviews of economic evaluations and consideration of its implications for updating the existing methodology; assessment of the critical appraisal tool in the existing guidance against criteria that promotes validity in economic evaluation research and two other commonly used tools; and a workshop. The debate in the literature on the limitations/value of systematic review of economic evidence cautions that systematic reviews of economic evaluation evidence are unlikely to generate one size fits all answers to questions about the cost-effectiveness of interventions and their comparators. Informed by this finding, the working group adjusted the framing of the objectives definition in the existing JBI methodology. The shift is away from defining the objective as to determine one cost-effectiveness measure toward summarizing study estimates of cost-effectiveness and informed by consideration of the included study characteristics (patient, setting, intervention component, etc.), identifying conditions conducive to lowering costs and maximizing health benefits. The existing critical appraisal tool was included in the new guidance. The new guidance includes the recommendation that a tool designed specifically for the purpose of appraising model-based studies be used together with the generic appraisal tool for economic evaluations assessment to evaluate model-based evaluations. The guidance produced by the group offers reviewers guidance for each step of the systematic review process, which are the same steps followed in JBI reviews of other

The economics of climate change

International Nuclear Information System (INIS)

1994-01-01

An international Conference on the Economics of Climate Change was convened by the OECD and the International Energy Agency (IEA) in Paris, in June 1993. Participants included many of the world's foremost experts in the field, as well as representatives from business, labour, and other non-governmental organisations. The Conference sought to examine points of consensus and divergence among existing studies on the economics of climate change. Participants also focused on how economic analysis could contribute to meeting the obligations of OECD countries under the 1992 Framework Convention on Climate Change. Discussions centered on such topics as the economic costs and benefits of greenhouse gas mitigation strategies, the potential role of carbon taxes and other economic instruments in the policy mix, possibilities for technological change and diffusion, especially in the energy sector, and joint abatement action between industrialized and developing countries. This volume contains the papers presented at the Conference, as well as summaries of the subsequent discussions. It provides an overview of the 'state of the art' in the economics of climate change and several suggestions for future research. (author)

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

Directory of Open Access Journals (Sweden)

Próchniak Mariusz

2014-10-01

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

The science of ecological economics: a content analysis of Ecological Economics, 1989-2004.

Science.gov (United States)

Luzadis, Valerie A; Castello, Leandro; Choi, Jaewon; Greenfield, Eric; Kim, Sung-kyun; Munsell, John; Nordman, Erik; Franco, Carol; Olowabi, Flavien

2010-01-01

The Ecological Economics journal is a primary source for inquiry on ecological economics and sustainability. To explore the scholarly pursuit of ecological economics, we conducted a content analysis of 200 randomly sampled research, survey, and methodological articles published in Ecological Economics during the 15-year period of 1989-2004. Results of the analysis were used to investigate facets of transdisciplinarity within the journal. A robust qualitative approach was used to gather and examine data to identify themes representing substantive content found within the span of sampled journal papers. The extent to which each theme was represented was counted as well as additional data, such as author discipline, year published, etc. Four main categories were revealed: (1) foundations (self-reflexive themes stemming from direct discussions about ecological economics); (2) human systems, represented by the themes of values, social indicators of well-being, intergenerational distribution, and equity; (3) biophysical systems, including themes, such as carrying capacity and scarcity, energy, and resource use, relating directly to the biophysical aspects of systems; and (4) policy and management encompassing themes of development, growth, trade, accounting, and valuation, as well as institutional structures and management. The results provide empirical evidence for discussing the future direction of ecological economic efforts.

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

Science.gov (United States)

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

2016-12-01

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

Formation components of socio-economic potential of the region

Directory of Open Access Journals (Sweden)

Stoyanets Nataliia Valeriivna

2015-10-01

Full Text Available In the article the content category “socio-economic system of the region” through coherent, equilibrated integrity objects of economic and social purposes in the territory, which includes including resource component and designed for the production of environmentally friendly products and services are provided. A typical signs of socio-economic potential of the region through the hierarchy, complexity, emergence, dynamism, commitment, synerhichnist, uniqueness and openness components. The economic potential of the region as the maximum capacity of the region to achieve its strategic goals through the use of existing resources, manufacturing, natural – resource, research, information and social sub region.

ECOLOGICAL ECONOMICS VS ECONOMIC(AL ECOLOGY

Directory of Open Access Journals (Sweden)

G. Kharlamova

2015-10-01

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

Understanding Economic Abuse in the Lives of Survivors

Science.gov (United States)

Postmus, Judy L.; Plummer, Sara-Beth; McMahon, Sarah; Murshid, N. Shaanta; Kim, Mi Sung

2012-01-01

Intimate partner violence (IPV) often includes economic abuse as one tactic commonly used by an abuser; unfortunately, there is a lack of empirical understanding of economic abuse. Additionally, research is limited on the predictors of economic self-sufficiency in the lives of women experiencing IPV. This paper furthers our knowledge about…

Economic Education Experiences of Enterprising Teachers. Volume 31.

Science.gov (United States)

Nappi, Andrew T., Ed.

This book describes award-winning teacher-developed projects and courses in economics. The reports are condensed versions of the original projects and are divided into grade levels. Primary Level includes: "Primary Pickle People Packed a Peck of Pickle Economics" (Karen L. Cragg; Katherine J. Van Horn); "Fabulous Economics" (Elizabeth B.…

Book review of Prof.Ph.D. Božidar Petrač: AGRARIAN ECONOMICS, Faculty of Economics in Osijek, 2002

OpenAIRE

K. Zmaić

2002-01-01

Author of the book AGRARIAN ECONOMICS is Božidar Petrač, an assocciate professor of the Faculty of Economics in Osijek. The book is composed of 265 pages. This is the first book from agrarian economics field appeared in the Republic of Croatia. Research results obtained by Ph.D. B. Petrač, other domestic and foreign scientists as well as modern aspect of agriculture and agricultural economics development are included in the book. The main parts of the book are as follows: I. Introduction into...

Metro nature, environmental health, and economic value.

Science.gov (United States)

Wolf, Kathleen L; Robbins, Alicia S T

2015-05-01

Nearly 40 years of research provides an extensive body of evidence about human health, well-being, and improved function benefits associated with experiences of nearby nature in cities. We demonstrate the numerous opportunities for future research efforts that link metro nature, human health and well-being outcomes, and economic values. We reviewed the literature on urban nature-based health and well-being benefits. In this review, we provide a classification schematic and propose potential economic values associated with metro nature services. Economic valuation of benefits derived from urban green systems has largely been undertaken in the fields of environmental and natural resource economics, but studies have not typically addressed health outcomes. Urban trees, parks, gardens, open spaces, and other nearby nature elements-collectively termed metro nature-generate many positive externalities that have been largely overlooked in urban economics and policy. Here, we present a range of health benefits, including benefit context and beneficiaries. Although the understanding of these benefits is not yet consistently expressed, and although it is likely that attempts to link urban ecosystem services and economic values will not include all expressions of cultural or social value, the development of new interdisciplinary approaches that integrate environmental health and economic disciplines are greatly needed. Metro nature provides diverse and substantial benefits to human populations in cities. In this review, we begin to address the need for development of valuation methodologies and new approaches to understanding the potential economic outcomes of these benefits.

Economics and societal considerations of drought

Science.gov (United States)

Jeff Prestemon; Linda Kruger; Karen L. Abt; Michael Bowker; Consuelo Brandeis; Dave Calkin; Geoffrey H. Donovan; Charlotte Ham; Thomas P. Holmes; Jeffrey Kline; Travis Warziniack

2016-01-01

The economic and social effects of drought are diverse and related to physical characteristics of drought, including spatial extent, severity, duration, and frequency that combine to determine drought’s overall effects on society. Most of the attention given to economic and social impacts of drought focuses on adverse consequences, but technology, public...

Economic analysis

International Nuclear Information System (INIS)

Owen, P.S.; Parker, M.B.; Omberg, R.P.

1979-03-01

The methodology used to arrive at the conclusions in the U.S. papers WG 5A-19 and WG 5A-22 with respect to the economics of fast breeders relative to LWR's is developed in detail in this contribution. In addition, sample calculations of the total levelized power cost of a standard LWR at $40/pound for U 3 O 8 and an FBR at a capital cost of 1.5 times that of an LWR are included. The respective total levalized power costs of the above two examples are 21.29 mills/kwh for the standard LWR and 28.48 mills/kwh for the FBR. It should be noted that the economic data used in these analyses are contained in the U.S. contribution, WG 5A-41

Using an Environmental Economics Perspective to Influence ...

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

This project will provide funding to the Latin American and Caribbean Environmental Economics Network (LACEEP) to build capacity in environmental and resource economics in the region, including collaborations with think tanks, to influence policy with evidence. Impact, influence, results LACEEP develops researchers' ...

The Nexus Between Artificial Intellgence and Economics

NARCIS (Netherlands)

van de Gevel, A.J.W.; Noussair, C.N.

2013-01-01

The manuscript reviews some key ideas about artificial intelligence, and relates them to economics. These include its relation to robotics, and the concepts of synthetic emotions, consciousness, and life. The economic implications of the advent of artificial intelligence, such as its effect on

Economics of childbirth.

Science.gov (United States)

Fahy, Michael; Doyle, Orla; Denny, Kevin; McAuliffe, Fionnuala M; Robson, Michael

2013-05-01

Increasing birth rates have raised questions for policy makers and hospital management about the economic costs of childbirth. The purpose of this article is to identify and review all existing scientific studies in relation to the economic costs of alternative modes of childbirth delivery and to highlight deficiencies in the existing scientific research. We searched Cochrane, Centre for Reviews and Dissemination, EconLit, the Excerpta Medica Database, the Health Economic Evaluations Database, MEDLINE and PubMed. Thirty articles are included in this review. The main findings suggest that there is no internationally acceptable childbirth cost and clinical outcome classification system that allows for comparisons across different delivery modes. This review demonstrates that a better understanding and classification of the costs and associated clinical outcomes of childbirth is required to allow for valid comparisons between maternity units, and to inform policy makers and hospital management. © 2013 The Authors Acta Obstetricia et Gynecologica Scandinavica © 2013 Nordic Federation of Societies of Obstetrics and Gynecology.

Statistics for economics

CERN Document Server

Naghshpour, Shahdad

2012-01-01

Statistics is the branch of mathematics that deals with real-life problems. As such, it is an essential tool for economists. Unfortunately, the way you and many other economists learn the concept of statistics is not compatible with the way economists think and learn. The problem is worsened by the use of mathematical jargon and complex derivations. Here's a book that proves none of this is necessary. All the examples and exercises in this book are constructed within the field of economics, thus eliminating the difficulty of learning statistics with examples from fields that have no relation to business, politics, or policy. Statistics is, in fact, not more difficult than economics. Anyone who can comprehend economics can understand and use statistics successfully within this field, including you! This book utilizes Microsoft Excel to obtain statistical results, as well as to perform additional necessary computations. Microsoft Excel is not the software of choice for performing sophisticated statistical analy...

Health economic choices in old age: interdisciplinary perspectives on economic decisions and the aging mind.

Science.gov (United States)

Nielsen, Lisbeth; Phillips, John W R

2008-01-01

This chapter offers an integrative review of psychological and neurobiological differences between younger and older adults that might impact economic behavior. Focusing on key health economic challenges facing the elderly, it offers perspectives on how these psychological and neurobiological factors may influence decision-making over the life course and considers future interdisciplinary research directions. We review relevant literature from three domains that are essential for developing a comprehensive science of decision-making and economic behavior in aging (psychology, neuroscience, and economics), consider implications for prescription drug coverage and long-term care (LTC) insurance, and highlight future research directions. Older adults face many complex economic decisions that directly affect their health and well-being, including LTC insurance, prescription drug plans, and end of life care. Economic research suggests that many older Americans are not making cost-effective and economically rational decisions. While economic models provide insight into some of the financial incentives associated with these decisions, they typically do not consider the roles of cognition and affect in decision-making. Research has established that older age is associated with predictable declines in many cognitive functions and evidence is accumulating that distinct social motives and affect-processing profiles emerge in older age. It is unknown how these age differences impact the economic behaviors of older people and implies opportunities for path-breaking interdisciplinary research. Our chapter looks to develop interdisciplinary research to better understand the causes and consequences of age-related changes in economic decision-making and guide interventions to improve public programs and overall social welfare.

ECONOMIC IMPACT OF CULTURAL TOURISM

Directory of Open Access Journals (Sweden)

Zrinka Zadel

2013-12-01

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

Economic interpretation of sustainable development

International Nuclear Information System (INIS)

Birk Mortensen, J.

1994-01-01

The economic discussion of sustainable development show that it is possible to define the concept sufficiently precise to introduce it in economic models and to get some policy results. The concept of sustainable development does have meaning and practical implications for economic policy. The relation between sustainability as non-decreasing welfare over time and a non-declining stock of total capital including natural capital is very useful for implementing the concept for actual planning. Even rudimentary empirical measures and test of sustainability can be developed and applied and used in planning and evaluation of performance based on this idea. Weak or strong versions of the concept have been suggested and an interesting and clarifying debate within economics is going on. The debate also demonstrates that when the concept is defined more precisely - differences in opinions, standpoints and policy prescriptions show up. (EG)

Energy Storage Economics

Energy Technology Data Exchange (ETDEWEB)

Elgqvist, Emma M [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

2017-09-07

This presentation provides an overview on energy storage economics including recent market trends, battery terminology and concepts, value streams, challenges, and an example of how photovoltaics and storage can be used to lower demand charges. It also provides an overview of the REopt Lite web tool inputs and outputs.

Economic effects on taxing CO{sub 2} emissions

Energy Technology Data Exchange (ETDEWEB)

Haaparanta, P [Helsinki School of Economics (Finland); Jerkkola, J; Pohjola, J [The Research Inst. of the Finnish Economy, Helsinki (Finland)

1997-12-31

The CO{sub 2} emissions can be reduced by using economic instruments, like carbon tax. This project included two specific questions related to CO{sub 2} taxation. First one was the economic effects of increasing CO{sub 2} tax and decreasing other taxes. Second was the economic adjustment costs of reducing net emissions instead of gross emissions. A computable general equilibrium (CGE) model was used in this analysis. The study was taken place in Helsinki School of Economics

Economic effects on taxing CO{sub 2} emissions

Energy Technology Data Exchange (ETDEWEB)

Haaparanta, P. [Helsinki School of Economics (Finland); Jerkkola, J.; Pohjola, J. [The Research Inst. of the Finnish Economy, Helsinki (Finland)

1996-12-31

The CO{sub 2} emissions can be reduced by using economic instruments, like carbon tax. This project included two specific questions related to CO{sub 2} taxation. First one was the economic effects of increasing CO{sub 2} tax and decreasing other taxes. Second was the economic adjustment costs of reducing net emissions instead of gross emissions. A computable general equilibrium (CGE) model was used in this analysis. The study was taken place in Helsinki School of Economics

Social Planning and Economic Coercion

OpenAIRE

Hintermann, Beat; Rutherford, Thomas F.

2014-01-01

We develop a theory of social planning with a concern for economic coercion, which we define as the difference between consumers’ actual utility, and the "counterfactual" utility they expect to obtain if they were able to set policy themselves. Reasons to limit economic coercion include protecting minorities, preventing disenfranchised groups from engaging in socially costly behavior, or political economy considerations. As long as consumers are fully rational, limiting coercion is equivale...

Wait, bond, and buy : Consumer responses to economic crisis

NARCIS (Netherlands)

Yabar, J.

2012-01-01

Although economic crises tend to be perceived as a time in which consumers cut back on expenditures (including cars, clothes, and houses), market data also shows that sales of certain products increase during economic downturns. How do consumers respond to an economic crisis? And what is the

Economic Growth, Economic Freedom, and Governance

OpenAIRE

Cebula, Richard; Ekstrom, Marcus

2008-01-01

This exploratory study examines the impact of various forms of economic freedom and various dimensions of governance, as well as a number of economic factors, on economic growth among OECD nations. Empirical estimation finds that the natural log of per capita purchasing-power-parity adjusted real GDP in OECD nations is positively impacted by business freedom, monetary freedom, trade freedom, and property rights security. Economic growth is found to be negatively affected by perceived governme...

Regional Economic Growth; Socio-Economic Disparities among Counties

Directory of Open Access Journals (Sweden)

Salih Özgür SARICA

2014-12-01

Full Text Available State level economy has always been relying on its major metropolitan area’s economic success. So, such metropolitan agglomerations have been considered the only agents that can foster the state’s economic standing as if other economic places do (or may not have significant contribution to the regional economy. In contrast, as some major cities enhance their economic well-being and agglomerate in specialized sector, the rest of the region lose their economic grounds or stay constant by widening the economic gap among cities. Therefore, an institutional approach can help to establish new regional arrangements to substitute all economic places to coordinate each other and succeed the economic growth as part of state government by reducing the disparities. In this sense, this study builds upon the inquiry that seeks the impacts of some economic disparities among economic places (counties on the performances of state level regional economy.

How Do National Economic Competitiveness Indices View Human Capital?

Science.gov (United States)

Sabadie, Jesus Alquezar; Johansen, Jens

2010-01-01

"Economic competitiveness" is at the top of national, regional and global political and economic agendas. Several countries in all regions of the world have established policies and institutions devoted to economic competitiveness, including in developing and transition countries. This leads to the question of how to define national economic…

Economic assessment of sterifeed process

International Nuclear Information System (INIS)

Mat Rasol Awang; Hassan Hamdani Mutaat

2004-01-01

The economics of a processing technology depends on its cost. Two types of costs commonly used in the estimation are a fixed cost and the other is variable cost. The cost structure that included in the fixed cost, mainly, the cost of land, building and machineries, and the variable cost covers raw materials, salary / wages, utilities, irradiation charge, other miscellaneous expenses and contingencies. The assessment were made by treating the economic data using discounted cash flow projection method to deduce the economic indicators: Net Present Value (NPV), Internal Rate of Return (IRR), Benefit to Cost (B/C) ratio, that would suggest the project feasibility, either feasible or otherwise. The NPV, IRR, B/C deduced from Sterifeed Process showed the economic of this technology was infeasible due high cost incurred in transportation, labour as well as the cost of machinery. This is accomplished by sensitivity test performed on these cost components. However, cost structure derived from Sterifeed Plant serves as a model cost structure for economic assessment in production of Sterifeed, a fermented ruminant feed, and to work further on the economic of the project. This paper discuss economic evaluation of Sterifeed process in different scenarios that carried out in the Sterifeed process operations and deduction were made to derive a model production unit for commercialisation. (Author)

Economic growth, ecological economics, and wilderness preservation

Science.gov (United States)

Brian Czech

2000-01-01

Economic growth is a perennial national goal. Perpetual economic growth and wilderness preservation are mutually exclusive. Wilderness scholarship has not addressed this conflict. The economics profession is unlikely to contribute to resolution, because the neoclassical paradigm holds that there is no limit to economic growth. A corollary of the paradigm is that...

The economics of a landing obligation

DEFF Research Database (Denmark)

Andersen, Peder; Ståhl, Lisa

By 2015 The European Common Fisheries Policy Reform includes a landing obligation in some fisheries and over the next few years all EU fisheries will be facing the obligation to land all catches. In spite of that, there is a lack of theoretical as well as empirical analyses of the consequences...... of a landing obligation. The paper includes an empirical analysis of the landing obligation’s impact on the Danish fishery in the short run. In the first part of the paper, we survey the fisheries economics literature for theoretical findings regarding behavioural aspects of a discard ban and we exploring gaps...... things, the analysis shows that the fisheries will suffer economic losses under the landing obligation if quotas are not increased with the historical discard rate. With quota top-ups however fisheries can experience economic gains which increase with reduced minimum sizes or by increasing selectivity....

Michael Perelman: An ecological future in view of Marxist Economics (Ⅱ)

Institute of Scientific and Technical Information of China (English)

Ren Xiaomei

2009-01-01

@@ Interviewee profile: Michael Perelman, currently professor of Economics Department of California State University, USA, American economist and economic historian with nearly 20 publications in the field of economics criticism, including Railroading Economics, Manufacturing Discontent, The Perverse Economy, and The Invention of Capitalism.

75 FR 65031 - U.S.-Trans-Pacific Partnership Free Trade Agreement Including Malaysia: Advice on the Probable...

Science.gov (United States)

2010-10-21

... Partnership Free Trade Agreement Including Malaysia: Advice on the Probable Economic Effect of Providing Duty...-2104-027, U.S.-Trans-Pacific Partnership Free Trade Agreement Including Malaysia: Advice on the Probable Economic Effect of Providing Duty-Free Treatment for Imports. DATES: November 10, 2010: Deadline...

HTGR Application Economic Model Users' Manual

International Nuclear Information System (INIS)

Gandrik, A.M.

2012-01-01

The High Temperature Gas-Cooled Reactor (HTGR) Application Economic Model was developed at the Idaho National Laboratory for the Next Generation Nuclear Plant Project. The HTGR Application Economic Model calculates either the required selling price of power and/or heat for a given internal rate of return (IRR) or the IRR for power and/or heat being sold at the market price. The user can generate these economic results for a range of reactor outlet temperatures; with and without power cycles, including either a Brayton or Rankine cycle; for the demonstration plant, first of a kind, or nth of a kind project phases; for up to 16 reactor modules; and for module ratings of 200, 350, or 600 MWt. This users manual contains the mathematical models and operating instructions for the HTGR Application Economic Model. Instructions, screenshots, and examples are provided to guide the user through the HTGR Application Economic Model. This model was designed for users who are familiar with the HTGR design and Excel and engineering economics. Modification of the HTGR Application Economic Model should only be performed by users familiar with the HTGR and its applications, Excel, and Visual Basic.

Economic data used in working group 5 analysis

International Nuclear Information System (INIS)

Haffner, D.R.; Parker, M.B.

1979-03-01

This paper presents the economic data used in the detailed economic analysis carried out in the U.S. paper WG-40 and is also used to arrive at the economics conclusions in U.S. papers WG 5A-19 and WG 5A-22. The data base includes reactor characteristics for the standard, 15 percent improved and 30 percent improved LWR plus the FBR system characteristics, fuel cost data, reactor plant capital cost data, and economic data (debt rate, equity rate, fixed charge rate, etc.)

Economic modelling for life extension decision making

International Nuclear Information System (INIS)

Farber, M.A.; Harrison, D.L.; Carlson, D.D.

1987-01-01

This paper presents a methodology for the economic and financial analysis of nuclear plant life extension under uncertainty and demonstrates its use in a case analysis. While the economic and financial evaluation of life extension does not require new analytical tools, such studies should be based on the following three premises. First, the methodology should examine effects at the level of the company or utility system, because the most important economic implications of life extension relate to the altered generation system expansion plan. Second, it should focus on the implications of uncertainty in order to understand the factors that most affect life extension benefits and identify risk management efforts. Third, the methodology should address multiple objectives, at a minimum, both economic and financial objectives. An analysis of the role of life extension for Virginia Power's generating system was performed using the MIDAS model, developed by the Electric Power Research Institute. MIDAS is particularly well suited to this type of study because of its decision analysis framework. The model incorporates modules for load analysis, capacity expansion, production costing, financial analysis, and rates. The decision tree structure facilitates the multiple-scenario analysis of uncertainty. The model's output includes many economic and financial measures, including capital expenditures, fuel and purchases power costs, revenue requirements, average rates, external financing requirements, and coverage ratio. Based on findings for Virginia Power's Surry 1 plant, nuclear plant life extension has economic benefits for a utility's customers and financial benefits for the utility's investors. These benefits depend on a number of economic, technical and regulatory factors. The economic analysis presented in this paper identifies many of the key factors and issues relevant to life extension planning

Economics of natural gas upgrading

International Nuclear Information System (INIS)

Hackworth, J.H.; Koch, R.W.

1995-01-01

Natural gas could be an important alternative energy source in meeting some of the market demand presently met by liquid products from crude oil. This study was initiated to analyze three energy markets to determine if greater use could be made of natural gas or natural gas derived products and if those products could be provided on an economically competitive basis. The three markets targeted for possible increases in gas use were motor fuels, power generation, and the chemical feedstocks market. The economics of processes to convert natural gas to transportation fuels, chemical products, and power were analyzed. The economic analysis was accomplished by drawing on a variety of detailed economic studies, updating them and bringing the results to a common basis. The processes analyzed included production of methanol, MTBE, higher alcohols, gasoline, CNG, and LNG for the transportation market. Production and use of methanol and ammonia in the chemical feedstock market and use of natural gas for power generation were also assessed. Use of both high and low quality gas as a process feed stream was evaluated. The analysis also explored the impact of various gas price growth rates and process facility locations, including remote gas areas. In assessing the transportation fuels market the analysis examined production and use of both conventional and new alternative motor fuels

Economic modeling of HIV treatments.

Science.gov (United States)

Simpson, Kit N

2010-05-01

To review the general literature on microeconomic modeling and key points that must be considered in the general assessment of economic modeling reports, discuss the evolution of HIV economic models and identify models that illustrate this development over time, as well as examples of current studies. Recommend improvements in HIV economic modeling. Recent economic modeling studies of HIV include examinations of scaling up antiretroviral (ARV) in South Africa, screening prior to use of abacavir, preexposure prophylaxis, early start of ARV in developing countries and cost-effectiveness comparisons of specific ARV drugs using data from clinical trials. These studies all used extensively published second-generation Markov models in their analyses. There have been attempts to simplify approaches to cost-effectiveness estimates by using simple decision trees or cost-effectiveness calculations with short-time horizons. However, these approaches leave out important cumulative economic effects that will not appear early in a treatment. Many economic modeling studies were identified in the 'gray' literature, but limited descriptions precluded an assessment of their adherence to modeling guidelines, and thus to the validity of their findings. There is a need for developing third-generation models to accommodate new knowledge about adherence, adverse effects, and viral resistance.

Microcomputers in Vocational Home Economics Classrooms in USD #512.

Science.gov (United States)

Shawnee Mission Public Schools, KS.

A project was conducted to identify software suitable for use in home economics classes and to train home economics teachers to use that software with an Apple II Plus microcomputer. During the project, home economics software was identified, evaluated, and catalogued. Teaching strategies were adapted to include using the computer in the…

STUDY KEGAGALAN AKIBAT KOROSI PADA PIPA ECONOMIZER

OpenAIRE

Acep Wagiman; Gugun Gundara

2017-01-01

Failure analysis to the economizer tube of boiler with operation pressure ± 190 bar, in holding time 6 hour have been investigated. The economizer tube is carbon steel, ASTM A210 Grade C, outside diameter ± 51 mm and thickness ± 6 mm. The investigation cause of failure from the economizer tube included : chemical composition and metallography analysis, visual examination at outer and inner fire side, measuring thickness and densities of the scale at inner fire side and wall side, chemical com...

Economic Analysis: An Approach to Provide Basic Guidance for Conducting and Reviewing Economic Analysis within the Venezuelan Navy.

Science.gov (United States)

1986-06-01

la Armada (EMGAR)-- Staff of the Navy ------------------------- 18 b. Direction de Presupuesto Programac ion Ecomica (DIPPE)-Direction of Budget and...Economic Programming -------------------- 18 c. Cornite De Programacion y Presupuesto (CPP)-- Programming and Budget Committee-----------18 3. Major...development. This analysis is included in the annual budget. b. Direction de Presupuesto Programaclon Ecomica (DIPPE)- Direction of Budget and Economic

THE INSTITUTIONAL BARRIERS’ IMPACT ON THE ECONOMIC GROWTH IN THE INTERNATIONAL ECONOMIC INTEGRATION

Directory of Open Access Journals (Sweden)

Iryna Prykhodko

2015-11-01

Full Text Available The purpose of the paper. In our study we try to assess the causality link between a number of the international economic integration politico-economic factors, institutions and basic production factors with the growth of the economy. We form a sample of 18 post-socialist countries, including Central and Eastern Europe (CEE countries-members the European Union, and the rest of CEE non-members countries and CIS countries, who have not acquired the membership in the EU, including Ukraine. The time period of our study is 23 years, starting from 1991 – the year of independence of Ukraine till 2013 – the last year for which statistics are published for our group of a corresponding list of indicators that make up our interest. In the estimating equation we use econometric analysis panel data by least squares method with fixed effects transformation to eliminate countries’ heterogeneity. In the study we use such determinant of the institutions quality as the Index of Economic Freedom (Heritage Foundation, and we investigate various components of the Index of Economic Freedom (freedom of ownership, freedom of trade, freedom from corruption, freedom of investment. We assume that institutions towards freedom of foreign trade and reducing corruption will have a greater effect on the economy of the investigated countries. It is advisable to attach to the international economic integration politico-economic factors the indicator of foreign trade taxation as a measure of tariff barriers, international aid programs of the foreign donors and the European institutions to assess their role for the economic growth of the countries surveyed, and we take into account the capital and the labor as the basic factors of production. Methodology. The methods of synthesis, logic, abstraction and analysis are used in the study. On a sample of 18 post-socialist countries (CEE and CIS for the period of 23 years (1991-2013 we had conducted the econometric panel analysis

Quantum economics

Directory of Open Access Journals (Sweden)

Vukotić Veselin

2011-01-01

Full Text Available The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalization reveals the need to change dominant economic paradigm - from traditional economic theory (mainstream with macroeconomic stability as the goal of economic policy, to the “quantum economics“, which is based on “economic quantum” and immanent to the increase of wealth (material and non-material of every individual in society and promoting set of values immanent to the wealth increase as the goal of economic policy. Practically the question is how we can use global market for our development!

SEMIOTICS- INTEGRAL PART OF THE ECONOMIC HERMENEUTICS

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ANDA- LAURA LUNGU

2016-06-01

Full Text Available Although a social science, economy makes use of the tools of numbers and precise data. Should we not include semiotics in the theory of economic interpretation, the axiomatization of the economic science would be impossible and furthermore the capitalization of the advantages of artificial intelligence that eliminates the inconveniences of equivocal meanings and inflation of words would be useless. Interpretation is an endeavor that implies decoding the hidden meaning of the manifestation of economic processes and phenomena. Semantics and pragmatics – by abstracting and axiomatization – help us overcome the intuition limitations’ in the process of interpretation. Our hypothesis is the human existence develops in an universe of signals and signs whom knowledge, interpretation and use conditions the action of society, groups and single human beings. Our main objective is to prove that in order to grasp the meanings of evolution one needs to understand the meaning of signs. We conclude by suggesting a semiotic symbology that includes all its subcategory: the relations between signs, studied by syntax; the relation between signs and object, the field of semantics; the relation between signs and the subjects (interpreters that use them, meaning pragmatics. The finality is to strengthen the concept of hermeneutic economics by including semiotics in its action field

The Eurasian Economic Union and the Silk Road Economic Belt: Opportunities for Russia

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Igor Makarov

2016-09-01

Full Text Available This article considers the opportunities for Russia presented by the launch of China’s Silk Road Economic Belt initiative.This initiative is a comprehensive project for the rapid development of Central Asian countries, and not limited only to transportand logistics to guarantee the supply of Chinese goods to Europe. It is also China’s response to economic and political processes both within the country and in the Asia-Pacific region: the economic slow down and transformation of its social and economic model, diverging income levels, the growing presence of the United States in Asia, and the new divisions of labour within the region. The Silk Road initiative is based on China’s intention to create strong regional value chains, to outsource labour-intensive and environmentally harmful production, to foster the development of north west China including securing political stability in the Xinjiang Uighur Autonomous Region, and to guarantee the use of Chinese construction firms’ capacity. Goods transit is a secondary priority and justified not by commercial benefits from using land routes, but by the need to diversify export risks, arising due to the deteriorating military and political situation in the South China Sea. The 2015 Joint Statement on Cooperation on the Construction of Joint Eurasian Economic Union and the Silk Road Economic Belt projects resolves the issue of all egedly competitive goals of these complementary projects. The Eurasian Economic Union (EEU provides an institutional base for cooperation while the Silk Road initiative provide investments for their development. Russia may benefit from participating in the Silk Road initiative. First, it would help integrate its transportation system into the region’s logistics network and provide additional opportunities for transit and associated logistical services as well as access to growing regional markets. Second, the Silk Road initiative offers opportunities to strengthen

Threats to economic security of the region

Directory of Open Access Journals (Sweden)

Y. A. Salikov

2017-01-01

Full Text Available Various aspects of economic security are in sight of the researchers for more than two decades. Today in the economic literature widely presents the conceptual aspects of economic safety of the state. Theoretical and methodological foundations of the study of this multifaceted problem lies in the researches of many domestic and foreign scientists, which are the basic levels of economic security. Among the priority levels include, in our view, the regional level (meso-level and actual problems of economic security studied to date lack detail. Economic development regions of the country has its own specifics, which is projected to the achieving of regional and national economic security. The article summarizes the approaches to definition of essence of the category “economic security of the region” and was given its author’s interpretation, considers the reasons of appearance and development of crisis situations causing threats to the economic security of the region. Given that the prevention of threats and reduction of their consequences is the basis of regional economic security, the article identifies the main threats to economic security, as well as the peculiarities of their manifestations (for example, the most significant threats to economic security of the Voronezh region, as well as the proposed activities in support of regional economic security and stated objectives of regional economic policy, the solution of which is aimed at ensuring the economic security of the region. In addition, it is proved that the actual problems of economic security must be constantly in sight of the regional leadership and find its solution in government documents and policy programmes promising socio-economic development of the region.

Advanced nuclear plants: Meeting the economic challenge

International Nuclear Information System (INIS)

Redding, J.R.; MacGregor, P.R.

1993-01-01

This article examines the economic challenges to nuclear power meeting the forecasted power demand of the end of the century. The topics of the article include the economic challenge, safety, competition from other energy sources, a US case study, environmental costs, capital costs, reducing operation and maintenance costs, and non-technical features

Women in development : issues for economic and sector analysis

OpenAIRE

Women in Development Division

1989-01-01

This paper highlights issues and action plans concerning women in economic and sector analysis and in project design. The paper focuses on the majority of women who are poor. It emphasizes measures to include women in development that contribute to economic performance, poverty reduction, slower population growth, and other broad development objectives. The paper concludes that women already contribute far more economically than is usually recognized. By expanding women's economic choices, ou...

Powder metallurgy - some economic considerations

Energy Technology Data Exchange (ETDEWEB)

Kassem, M.E.

1982-01-01

As a forming process powder metallurgy offers reductions in material and energy consumption. The engineering prerequisites and economics are discussed in relation to several industrial applications including automobile parts. 14 refs.

Macroeconomic Determinants of Economic Growth: A Review of International Literature

Directory of Open Access Journals (Sweden)

Chirwa Themba G.

2016-12-01

Full Text Available The paper conducts a qualitative narrative appraisal of the existing empirical literature on the key macroeconomic determinants of economic growth in developing and developed countries. Much as other empirical studies have investigated the determinants of economic growth using various econometric methods, the majority of these studies have not distinguished what drives or hinders economic growth in developing or developed countries. The study finds that the determinants of economic growth are different when this distinction is used. It reveals that in developing countries the key macroeconomic determinants of economic growth include foreign aid, foreign direct investment, fiscal policy, investment, trade, human capital development, demographics, monetary policy, natural resources, reforms and geographic, regional, political and financial factors. In developed countries, the study reveals that the key macroeconomic determinants that are associated with economic growth include physical capital, fiscal policy, human capital, trade, demographics, monetary policy and financial and technological factors.

Monetary economics from econophysics perspective

Science.gov (United States)

Yakovenko, Victor M.

2016-12-01

This is an invited article for the Discussion and Debate special issue of The European Physical Journal Special Topics on the subject "Can Economics be a Physical Science?" The first part of the paper traces the personal path of the author from theoretical physics to economics. It briefly summarizes applications of statistical physics to monetary transactions in an ensemble of economic agents. It shows how a highly unequal probability distribution of money emerges due to irreversible increase of entropy in the system. The second part examines deep conceptual and controversial issues and fallacies in monetary economics from econophysics perspective. These issues include the nature of money, conservation (or not) of money, distinctions between money vs. wealth and money vs. debt, creation of money by the state and debt by the banks, the origins of monetary crises and capitalist profit. Presentation uses plain language understandable to laypeople and may be of interest to both specialists and general public.

Economic models for battery energy storage

International Nuclear Information System (INIS)

Reckrodt, R.C.; Anderson, M.D.; Kluczny, R.M.

1990-01-01

While the technology required to produce viable Battery Energy Storage System exists, the economic feasibility (cost vs. benefits) of building these systems requires justification. First, a generalized decision diagram was developed to ensure that all of the economic factors were considered and properly related for the customer-side-of-the meter. Next, two economic models that had consistently given differing results were compared. One was the McKinney model developed at UM-Rolla in 1987; the second was the SYSPLAN model developed by Battelle. Differences were resolved on a point by point basis with reference to the current economic environment. The economic model was upgraded to include the best of both models based on the resolution of these differences. The upgrades were implemented as modifications to the original SYSPLAN (1986 version) to preserve user friendliness. In this paper four specific cases are evaluated and compared. The results are as predicted, since comparison was made with two known models

Cold source economic study

International Nuclear Information System (INIS)

Fuster, Serge.

1975-01-01

This computer code is intended for the statement of the general economic balance resulting from using a given cold source. The balance includes the investments needed for constructing the various materials, and also production balances resulting from their utilization. The case of either using an open circuit condenser on sea or river, or using air cooling systems with closed circuits or as auxiliaries can be dealt with. The program can be used to optimize the characteristics of the various parts of the cold source. The performance of the various materials can be evaluated for a given situation from using very full, precise economic balances, these materials can also be classified according to their possible uses, the outer constraints being taken into account (limits for heat disposal into rivers or seas, water temperature, air temperature). Technical choices whose economic consequences are important have been such clarified [fr

78 FR 28623 - U.S.-Trans-Pacific Partnership Free Trade Agreement Including Japan: Advice on the Probable...

Science.gov (United States)

2013-05-15

... Probable Economic Effect of Providing Duty-Free Treatment for Imports after Malaysia joined the... Partnership Free Trade Agreement Including Japan: Advice on the Probable Economic Effect of Providing Duty... Economic Effect of Providing Duty-Free Treatment for Imports. DATES: May 28, 2013: Deadline for filing...

New Nuclear Materials Including Non Metallic Fuel Elements. Vol. I. Proceedings of the Conference on New Nuclear Materials Technology, Including Non Metallic Fuel Elements

International Nuclear Information System (INIS)

1963-01-01

One of the major aims of the International Atomic Energy Agency in furthering the peaceful uses of atomic energy is to encourage the development of economical nuclear power. Certainly, one of the more obvious methods of producing economical nuclear power is the development of economical fuels that can be used at high temperatures for long periods of time, and which have sufficient strength and integrity to operate under these conditions without permitting the release of fission products. In addition it is desirable that after irradiation these new fuels be economically reprocessed to reduce further the cost of the fuel cycle. As nuclear power becomes more and more competitive with conventional power the interest in new and more efficient higher-temperature fuels naturally increases rapidly. For these reasons, the Agency organized a Conference on New Nuclear Materials Technology, Including Non-Metallic Fuel Elements, which was held from 1 to 5 July 1963 at the International Hotel, Prague, with the assistance and co-operation of the Government of the Czechoslovak Socialist Republic. A total of 151 scientists attended, from 23 countries and 4 international organizations. The participants heard and discussed more than 60 scientific papers

Economic Efficiency of Maize Production in Yola North Local ...

African Journals Online (AJOL)

user

should include the basic nutrients necessary to meet the needs of the ... economic production and home production, often have damaging ..... economic citizens in Nigeria (Ankroyd and. Doughty, 1984). ... Nutritional Guide. University of.

Economics, Ethics, Ecology: Roots of Productive Conservation.

Science.gov (United States)

Jeske, Walter E., Ed.

Forty-seven articles represent most of the papers presented at the annual meeting of the Soil Conservation Society of America. The conference addressed the facts and values from economics, ethics, and ecology as they pertain to critical issues in land and water conservation in North America. Part I includes discussions of economic realities,…

Integrated economics

International Nuclear Information System (INIS)

Bratton, T.J.

1992-01-01

This article offers ideas for evaluating integrated solid waste management systems through the use of a conceptual cost overview. The topics of the article include the integrated solid waste management system; making assumptions about community characteristics, waste generation rates, waste collection responsibility, integrated system components, sizing and economic life of system facilities, system implementation schedule, facility ownership, and system administration; integrated system costs; integrated system revenues; system financing; cost projections; and making decisions

The feasibility study: a health economics perspective

Directory of Open Access Journals (Sweden)

Brenda Gannon

2017-02-01

Full Text Available The remit of research funding bodies is to prioritise funding for research that is of relevance and of high quality. This in turn will aim to raise the quality of healthcare and benefit to patients. Researchers are faced with increasing demands and expectations from the public purse and patients. The emphasis is to improve the quality of their research, with the ultimate aim of improving population health. While guidelines on feasibility study methods concentrate heavily on trials, there appears less guidance on application of health economics within feasibility studies, yet these are a less costly way to determine first of all if a full randomised controlled trial (RCT is feasible. A feasibility study assesses if the study can be done in a small RCT type study. Since by definition, a feasibility study does not evaluate the outcome, researchers often omit the health economics aspects but do however include statistical analysis. This leaves a gap in interpretation for policy makers and potential funders. It also means that any resulting publication does not include relevant information and therefore comparison across studies in terms of difficulty in collecting cost data is not possible. The main aim of this commentary therefore, is to demonstrate a suggested health economics analysis within a feasibility study and to recommend to researchers to include these aspects from the conception of their intervention. This paper proposes a number of points, with rationale for each point, to indicate the health economics data and the potential benefits required for coherent interpretation of the feasibility of future economic evaluations in a full trial. Economic evaluation is necessary if implementation into standard care is anticipated. Therefore, collection and summary analysis of relevant data is good practice at each point of the intervention development. Current guidelines for economic evaluation, for example, The Medical Research Guidelines in the

An economics figure of merit in ALPS

International Nuclear Information System (INIS)

Shatilla, Y.A.

2000-01-01

One of the most pressing issues facing the deregulated nuclear electric power industry is its economic competitiveness when compared to other sources of electrical power. Traditionally, finding the optimum loading pattern (LP) that meets all the safety and operational objective functions and at the same time produces the most attractive economical solutions is an iterative process. This is because (a) LP search tools usually lack the capability to generate equilibrium solutions and (b) economics objective functions are hard to include in the search process. In this paper, the Westinghouse Advanced Loading Pattern Search code (ALPS) has been demonstrated to successfully find LPs that meet user-defined operational and safety as well as economics objectives. This has been made possible by the development of TULIP language that allows the integration of external procedures into the search process of the main program, ALPS. In the example given, an economic figure of merit (EFM) has been defined and included via TULIP script into the fuel management optimization problem of a three-loop Westinghouse core operating an 18-month cycle. The LPs found by ALPS exhibit a clear trend of meeting and, in some cases, exceeding the EFM objective function defined for the ALPS search process a priori

Non-economic determinants of economic development: methodology and influence

OpenAIRE

Barashov, N.

2011-01-01

The paper deals with research methodology of non-economic determinants of economic development. The author considers various theoretical approaches to definition of economic growth factors. Considerable attention is given to studying possible influence of non-economic determinants on quality of economic development.

Fundamental principles of conducting a surgery economic analysis study.

Science.gov (United States)

Kotsis, Sandra V; Chung, Kevin C

2010-02-01

The use of economic evaluation in surgery is scarce. Economic evaluation is used even less so in plastic surgery, in which health-related quality of life is of particular importance. This article, part of a tutorial series on evidence-based medicine, focuses on the fundamental principles of conducting a surgery economic analysis. The authors include the essential aspects of conducting a surgical cost-utility analysis by considering perspectives, costs, outcomes, and utilities. The authors also describe and give examples of how to conduct the analyses (including calculating quality-adjusted life-years and discounting), how to interpret the results, and how to report the results. Although economic analyses are not simple to conduct, a well-conducted one provides many rewards, such as recommending the adoption of a more effective treatment. For comparing and interpreting economic analysis publications, it is important that all studies use consistent methodology and report the results in a similar manner.

Economic analysis model for total energy and economic systems

International Nuclear Information System (INIS)

Shoji, Katsuhiko; Yasukawa, Shigeru; Sato, Osamu

1980-09-01

This report describes framing an economic analysis model developed as a tool of total energy systems. To prospect and analyze future energy systems, it is important to analyze the relation between energy system and economic structure. We prepared an economic analysis model which was suited for this purpose. Our model marks that we can analyze in more detail energy related matters than other economic ones, and can forecast long-term economic progress rather than short-term economic fluctuation. From view point of economics, our model is longterm multi-sectoral economic analysis model of open Leontief type. Our model gave us appropriate results for fitting test and forecasting estimation. (author)

Economic evaluation of integrated care: an introduction

Directory of Open Access Journals (Sweden)

Hindrik Vondeling

2004-03-01

Full Text Available Background: Integrated care has emerged in a variety of forms in industrialised countries during the past decade. It is generally assumed that these new arrangements result in increased effectiveness and quality of care, while being cost-effective or even cost-saving at the same time. However, systematic evaluation, including an evaluation of the relative costs and benefits of these arrangements, has largely been lacking. Objectives: To stimulate fruitful dialogue and debate about the need for economic evaluation in integrated care, and to outline possibilities for undertaking economic appraisal studies in this relatively new field. Theory: Key concepts, including e.g. scarcity and opportunity costs, are introduced, followed by a brief overview of the most common methods used in economic evaluation of health care programmes. Then a number of issues that seem particularly relevant for economic evaluation of integrated care arrangements are addressed in more detail, illustrated with examples from the literature. Conclusion and discussion: There is a need for well-designed economic evaluation studies of integrated care arrangements, in particular in order to support decision making on the long-term financing of these programmes. Although relatively few studies have been done to date, the field is challenging from a methodological point of view, offering analysts a wealth of opportunities. Guidance to realise these opportunities is provided by the general principles for economic evaluation, which can be tailored to the requirements of this particular field.

Discounting in economics and climate change

International Nuclear Information System (INIS)

Nordhaus, W.D.

1997-01-01

This paper examines the complexity of the issues surrounding the discounting issue as applied to the economics of climatic change. It is assumed that living standards will continue to improve, and that future generations will be more able to resource environmental improvements than our own. Measures to counter climate change now may have a deleterious effect on economic growth. Approaches to this situation include: lowering the discount rate; differential discounting; climate targeting; and emissions or concentrations limitations. Policies that focus directly on reducing pollutants are likely to have fewer deleterious economic effects than those that manipulate the discount rate on goods. 3 refs., 2 figs

Economic security and its components in agro business structures

OpenAIRE

MUZYKA T.P.

2011-01-01

The place and role of economic security of new organization agro business in the national security system, proposed to form the system of economic security agro businesses, which would include public and private components.

The Economics of Counterinsurgency in the Philippines

Science.gov (United States)

2016-09-30

accomplishments by activity include: A . Counterinsurgency and Well Being 1. Econometric modeling complete: Philippine Peace and Development Team...Insurgency, counterinsurgency , Philippines , economics , violence , military , rebels. 16. SECURITY CLASSIFICATION OF: 17. LIMITATION OF a. REPORT b...Investigator Eli Berman, Professor of Economics, University of California at San Diego, and Research Director for International Security Studies at the UC

Eurasian Economic Union: A Regional Economic Hegemony Initiative

Directory of Open Access Journals (Sweden)

Serdar YILMAZ

2017-11-01

Full Text Available It can be assumed that international relations terminology has not mentioned enough about the significance of the Eurasian Economic Union in territorial as well as in economic terms during a period of growing geopolitical risks and high interdependence between the member countries and the rest. According to Kazakhstan’s President Nursultan Nazarbayev, it is truly difficult for states to overcome economic, political and security issues and therefore, states need to act together against the problems in a globalizing world by establishing regional and international organisations. This article thus examines the Eurasian Economic Union integration proces, which is driven by political and economic factors that consolidate regional security and create an effective economic system, whether it in the long term will become successful or not. The author also analyses the Kazakh economic and strategic interests in the region as well as the motivation, power and influence of other members in deepening the cooperation with international arena and the limits in the economic-security integration.

Economics of Sustainable Development. Competitiveness and Economic Growth

Directory of Open Access Journals (Sweden)

Dorel AILENEI

2011-02-01

Full Text Available Economic growth is one of the most important issues of humanity. Both in national economies and world economy, recession and prosperity periods are regularly succeeding with different amplitudes. But beyond these fluctuations and their effects, the results are important: performance and economic growth. Because of the problematical issue of economic growth, the authors are trying to critically reflect on the economic growth concept and on its implications on the praxis area. Although there is a large literature about economic growth modeling, it is intriguing that there still are some serious obstacles for conceptualization and praxis. Only the simple fact that the economic growth process needs serious thinking on the time dimension is sufficient for understanding the real difficulties of this problematical issue. As for the economic growth praxis, a clear analysis of the interests system within an economy is needed. Without trying to find miraculous solutions for the economic growth issue, the authors suggest a clear and correct analysis of this important subject.

From Rhythm and Blues to Broadway: Using Music To Teach Economics.

Science.gov (United States)

Tinari, Frank D.; Khandke, Kailash

2000-01-01

Describes using song lyrics in undergraduate principles of economics courses to help the students learn economics. Discusses two music essay projects and includes examples of student responses. Addresses the benefits/costs and suggested refinements of the project. Includes references. (CMK)

Benchmarking of nuclear economics tools

International Nuclear Information System (INIS)

Moore, Megan; Korinny, Andriy; Shropshire, David; Sadhankar, Ramesh

2017-01-01

Highlights: • INPRO and GIF economic tools exhibited good alignment in total capital cost estimation. • Subtle discrepancies in the cost result from differences in financing and the fuel cycle assumptions. • A common set of assumptions was found to reduce the discrepancies to 1% or less. • Opportunities for harmonisation of economic tools exists. - Abstract: Benchmarking of the economics methodologies developed by the Generation IV International Forum (GIF) and the International Atomic Energy Agency’s International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO), was performed for three Generation IV nuclear energy systems. The Economic Modeling Working Group of GIF developed an Excel based spreadsheet package, G4ECONS (Generation 4 Excel-based Calculation Of Nuclear Systems), to calculate the total capital investment cost (TCIC) and the levelised unit energy cost (LUEC). G4ECONS is sufficiently generic in the sense that it can accept the types of projected input, performance and cost data that are expected to become available for Generation IV systems through various development phases and that it can model both open and closed fuel cycles. The Nuclear Energy System Assessment (NESA) Economic Support Tool (NEST) was developed to enable an economic analysis using the INPRO methodology to easily calculate outputs including the TCIC, LUEC and other financial figures of merit including internal rate of return, return of investment and net present value. NEST is also Excel based and can be used to evaluate nuclear reactor systems using the open fuel cycle, MOX (mixed oxide) fuel recycling and closed cycles. A Super Critical Water-cooled Reactor system with an open fuel cycle and two Fast Reactor systems, one with a break-even fuel cycle and another with a burner fuel cycle, were selected for the benchmarking exercise. Published data on capital and operating costs were used for economics analyses using G4ECONS and NEST tools. Both G4ECONS and

Economic effectiveness of disease management programs: a meta-analysis.

Science.gov (United States)

Krause, David S

2005-04-01

The economic effectiveness of disease management programs, which are designed to improve the clinical and economic outcomes for chronically ill individuals, has been evaluated extensively. A literature search was performed with MEDLINE and other published sources for the period covering January 1995 to September 2003. The search was limited to empirical articles that measured the direct economic outcomes for asthma, diabetes, and heart disease management programs. Of the 360 articles and presentations evaluated, only 67 met the selection criteria for meta-analysis, which included 32,041 subjects. Although some studies contained multiple measurements of direct economic outcomes, only one average effect size per study was included in the meta-analysis. Based on the studies included in the research, a meta-analysis provided a statistically significant answer to the question of whether disease management programs are economically effective. The magnitude of the observed average effect size for equally weighted studies was 0.311 (95% CI = 0.272-0.350). Statistically significant differences of effect sizes by study design, disease type and intensity of disease management program interventions were not found after a moderating variable, disease severity, was taken into consideration. The results suggest that disease management programs are more effective economically with severely ill enrollees and that chronic disease program interventions are most effective when coordinated with the overall level of disease severity. The findings can be generalized, which may assist health care policy makers and practitioners in addressing the issue of providing economically effective care for the growing number of individuals with chronic illness.

Economic abuse in Lebanon: experiences and perceptions.

Science.gov (United States)

Usta, Jinan; Makarem, Nisrine N; Habib, Rima R

2013-03-01

This article explores the experiences and perceptions of Lebanese women and men with economic abuse. Data were drawn from focus group discussions and face-to-face interviews with men, women and social workers. The findings reveal that Lebanese women experience many forms of economic abuse, including the withholding of earnings, restricted involvement in the labor force, and limited purchasing decisions. Inheritance laws and practices still favor men over women. Women tolerate economic abuse to avoid more serious forms of abuse and ensure family stability. Practical implications of the findings are presented.

Business, Economics, Financial Sciences, and Management

CERN Document Server

2011 International Conference on Business, Economics, and Financial Sciences, Management (BEFM 2011)

2012-01-01

A series of papers on business, economics, and financial sciences, management selected from International Conference on Business, Economics, and Financial Sciences, Management are included in this volume.   Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources.   The proceedings of BEFM2011 focuses on the various aspects of advances in Business, Economics, and Financial Sciences, Management and provides a chance for academic and industry professionals to discuss recent progress in the area of Business, Economics, and Financial Scienc...

Adaptation of the tourism in Romania to the new economic context imposed by the global economic crisis (in 2010

Directory of Open Access Journals (Sweden)

Silvia IFTIME

2013-01-01

Full Text Available The global economic crisis affected the tourist market from Romania since 2008. 2010 was for the Romanian tourism enterprises the year of successful attempts to respond to the economic and social stimuli imposed by the economic crisis. The way in which they managed to cope with the crisis shows that solutions are available to those who adapt to the conditions of fierce competition.The global economic crisis rippled its effects in all areas of activity, tourism included. Some field entrepreneurs consider that tourism will be the most affected sector of services by this crisis because the consumers will leave it at the bottom of the basket of consumption goods and services.

Economic consideration for Indonesia's nuclear power program

International Nuclear Information System (INIS)

Ahimsa, D.; Sudarsono, B.

1987-01-01

Indonesia experienced relatively high economic growth during the 1970s and the energy supply system was strained to keep up with demand. Several energy studies were thus carried out around 1980, including a nuclear power planning study and a nuclear plant feasibility study. During the 1980s, economic growth rates were subtantially lower, but surprisingly electricity demand remained fairly high. In 1984 it was therefore decided to update previous nuclear power studies. This effort was completed in 1986. Using energy projections and cost estimates developed during the updating of previous nuclear power studies, the paper discusses the economic justification for a nuclear power program in Indonesia. Results of the update, including computer runs of MAED and WASP models supplied by the IAEA, will be presented along with appropriate sensitivity analysis. These results are then analyzed in the light of 1986 developments in international oil price. Preparations for the forthcoming nuclear power program are described, including the construction of a multi-purpose reactor and associated laboratories in Serpong, near Jakarta. (author)

Econophysics and physical economics

CERN Document Server

Richmond, Peter; Hutzler, Stefan

2013-01-01

An understanding of the behaviour of financial assets and the evolution of economies has never been as important as today. This book looks at these complex systems from the perspective of the physicist. So called 'econophysics' and its application to finance has made great strides in recent years. Less emphasis has been placed on the broader subject of macroeconomics and many economics students are still taught traditional neo-classical economics. The reader is given a general primer in statistical physics, probability theory, and use of correlation functions. Much of the mathematics that is developed is frequently no longer included in undergraduate physics courses. The statistical physics of Boltzmann and Gibbs is one of the oldest disciplines within physics and it can be argued that it was first applied to ensembles of molecules as opposed to being applied to social agents only by way of historical accident. The authors argue by analogy that the theory can be applied directly to economic systems comprising...

Economic analysis

Energy Technology Data Exchange (ETDEWEB)

None

1980-06-01

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

Economic analysis of fusion breeders

International Nuclear Information System (INIS)

Delene, J.G.

1985-01-01

This paper presents a study of the economic performance of Fission/Fusion Hybrid devices. This work takes fusion breeder cost estimates and applies methodology and cost factors used in the fission reactor programs to compare fusion breeders with Liquid Metal Fast Breeder Reactors (LMFBR). The results of the analysis indicate that the Hybrid will be in the same competitive range as proposed LMFBRs and have the potential to provide economically competitive power in a future of rising uranium prices. The sensitivity of the results to variations in key parameters is included

Economic institutions and economic growth: Empirical evidence from the Economic Community of West African States

Directory of Open Access Journals (Sweden)

Lazarus Z. Wanjuu

2017-12-01

Background: Economic institutions are considered as the fundamental cause of economic growth. Economic institutions affect economic growth through allocation of resources like physical and human capital. Unfortunately, there is dearth of empirical studies showing the impact of economic institutions on growth of the Economic Community of West African States (ECOWAS. Aim: This study investigates the impact of economic institutions on economic growth of the ECOWAS. Setting and method: The study applied cause and effect relationship. The study used econometric research techniques of unit root and co-integration tests to establish the time series properties of the data; the vector error correction and co-integration regression models to estimate the population parameters. The research data comprised data obtained from the United Nations Conference on Trade and Development (UNCTAD, the Transparency International (TI and Heritage Foundation databases. The variables employed were the real gross domestic product (GDP per capita (RGDPPC, corruption perception index (CPI, property rights protection (PROPRGT, private investment per capita (INVESPC, government expenditure per capita (GOEXPPC and trade openness (TRAOPN. Results: The results of the data analysed showed that economic institutions represented by the property rights index engender RGDPPC growth in ECOWAS. The CPI could not stimulate RGDPPC growth in ECOWAS. The results also show that all the other variables stimulated growth except trade openness. Conclusion: The study concludes that good economic institutions, private investments, and government intervention by providing security, economic and social infrastructural facilities are conducive for economic growth in the ECOWAS region. The study recommended that more efforts be made at curbing corruption in the region

Academic (economic) woman

DEFF Research Database (Denmark)

Andersen, Lotte Bøgh; Pallesen, Thomas

2007-01-01

The diversity literature expects that an equal mix of men and women improves performance, but existing studies show very weak associations. This paper argues that gender diversity does matter, but that the relationship is more complex than assumed. Based on motivational crowding theory, we argue...... that men and women respond differently to economic incentives. We analyze how gender, incentives and the perception of these incentives at research institutions affect organizational performance, measured as the number of scientific publications. Using data from 2000-2005, the analysis includes 162 Danish...... research institutions (17 government research institutions and subunits of 10 universities). The main conclusion is that gender diversity has a modest, but positive impact on organizational output, and that women and men seem to react differently when economic incentives are introduced....

The strategic economic plan and the role of independent power in economic development

International Nuclear Information System (INIS)

House, D.

1993-01-01

Independent power production (IPP) in Newfoundland was examined within the context of the province's Strategic Economic Plan. Provisions of the Plan were summarized, with special reference to the promotion of alternative energy technologies and government efforts to amend regulations to facilitate development of alternative energy sources by independent producers. IPP was considered to be an ideal tool for regional economic development and diversification, assuming that environmental concerns were carefully considered and addressed. Some of the benefits ascribed to IPP included strengthening the private sector, creating new small business opportunities, improving competitiveness, promoting regional development, contributing to import substitution and enhance the province's technology and knowledge base

From Psycho-Economics to Neuro-Economics

OpenAIRE

Bernard WALLISER

2012-01-01

In economics, three nested organizational levels, namely behavioural, mental and neural, can be distinguished. They introduce specific theoretical or observable concepts and suggest their own models for choice making. If psycho-economics relates implemented actions to declared mental states, neuro-economics relates mental states to brain areas. Bridge principles can be defined which link concepts with similar interpretations at two successive levels. Thanks to these principles, relations or e...

Economic evaluation, human immunodeficiency virus infection and screening: a review and critical appraisal of economic studies.

Science.gov (United States)

Dibosa-Osadolor, Onome; Roberts, Tracy

2010-07-01

The aim of this study was to review, systematically and critically, evidence used to derive estimates of cost-effectiveness of human immunodeficiency virus (HIV) screening. A systematic review was conducted. Searched were three main electronic bibliographic databases from 1993 to 2008 using key words including HIV, mass screening, HAART, economic evaluation, cost-effectiveness analysis, modeling. We included studies of sexually transmitted HIV infection in both sexes, including studies comparing diagnostic testing protocols and partner notification. Outcomes included were cases of HIV infection detected, deterioration to the AIDS state, secondary transmission of HIV, the quality-adjusted life-years/survival, costs, and cost-effectiveness of HIV screening. Eighty-four papers were identified; ten of which were formal economic evaluations, one cost study, three effectiveness studies, and three systematic reviews of HIV prevention programs. The predominant assertion was that HIV screening is cost-effective; methodological problems, such as the preponderance of static models which are inappropriate for infectious diseases, varying perspectives from which the studies were analyzed, and arbitrary threshold incremental cost-effectiveness ratio levels, limited the validity of these findings, and their usefulness in informing health policy decisions. The majority of published economic evaluations are based on inappropriate static models. This flaw renders the results of these studies as inconclusive and the purported cost-effectiveness of HIV screening debatable. The results of this review could form a basis for consideration of further research and analysis by health economists into the cost-effectiveness of HIV screening.

The case for expanding the definition of 'key populations' to include ...

African Journals Online (AJOL)

The case for expanding the definition of 'key populations' to include high-risk groups in the general population ... South African Medical Journal ... to formal housing and services, access to higher education, and broad economic transformation.

ECONOMIC STATUS OF THE RUSSIAN MINORITY IN TAJIKISTAN

Directory of Open Access Journals (Sweden)

Aijaz A. Bandey

2013-03-01

Full Text Available From the 1980s onwards, there was a sharp economic decline in the entire Soviet Union including Central Asia. People in general were affected due to this economic decline; however, in case of the Slav minority in Central Asia including Tajikistan the outmigration of Russian, which started from the 1980s, affected them more than that of their Central Asian counterparts. After the disintegration of Soviet Union, the condition of the leftovers was further accentuated by the language policy, ethnicisation while recruitment in the public offices, etc. Besides this Tajikistan has been the poorest country in the post Soviet space, which in turn is adding to the economic hardships of the people in general and ethnic Russians of the country in particular.

Behavioral Economic Laboratory Research in Tobacco Regulatory Science.

Science.gov (United States)

Tidey, Jennifer W; Cassidy, Rachel N; Miller, Mollie E; Smith, Tracy T

2016-10-01

Research that can provide a scientific foundation for the United States Food and Drug Administration (FDA) tobacco policy decisions is needed to inform tobacco regulatory policy. One factor that affects the impact of a tobacco product on public health is its intensity of use, which is determined, in part, by its abuse liability or reinforcing efficacy. Behavioral economic tasks have considerable utility for assessing the reinforcing efficacy of current and emerging tobacco products. This paper provides a narrative review of several behavioral economic laboratory tasks and identifies important applications to tobacco regulatory science. Behavioral economic laboratory assessments, including operant self-administration, choice tasks and purchase tasks, can be used generate behavioral economic data on the effect of price and other constraints on tobacco product consumption. These tasks could provide an expedited simulation of the effects of various tobacco control policies across populations of interest to the FDA. Tobacco regulatory research questions that can be addressed with behavioral economic tasks include assessments of the impact of product characteristics on product demand, assessments of the abuse liability of novel and potential modified risk tobacco products (MRTPs), and assessments of the impact of conventional and novel products in vulnerable populations.

Health economic evaluation in Greece.

Science.gov (United States)

Rovithis, Dimitrios

2006-01-01

There is a growing volume of literature on health economic evaluation, with this form of analysis becoming increasingly influential at the decision-making level worldwide. The purpose of this study was to review the current state of health economic evaluation in Greece, with a view to uncovering reasons why its use in this country is limited. A search of the NHS Economic Evaluation Database was undertaken. The search included cost, cost-of-illness, cost-minimization, cost-effectiveness, cost-consequences, cost-utility, and cost-benefit analyses and was narrowed only to Greek authors undertaking solo or joint health economic evaluation in Greece. The search revealed that, in Greece, very little health economic evaluation has been undertaken. The main reason for the lack of interest is that the current chaotic healthcare system structure and financing does not provide the appropriate incentives to stimulate a powerful interest in this type of research. This condition is a result of the lack of a long-term national health policy and the hesitation of the present and past Greek governments to date to proceed to large-scale reforms because of political considerations. The Greek governments have also been content with the good health indicators being achieved. Even if it is accepted that good health prevails in Greece, slower economic growth rates, an ageing population, and the continuous immigration will place increasing pressure on healthcare resources and will necessitate a more rational use of these resources. Health economic evaluation, by weighing benefits against costs, therefore, has an important role to play.

An economic and financial exploratory

Science.gov (United States)

Cincotti, S.; Sornette, D.; Treleaven, P.; Battiston, S.; Caldarelli, G.; Hommes, C.; Kirman, A.

2012-11-01

This paper describes the vision of a European Exploratory for economics and finance using an interdisciplinary consortium of economists, natural scientists, computer scientists and engineers, who will combine their expertise to address the enormous challenges of the 21st century. This Academic Public facility is intended for economic modelling, investigating all aspects of risk and stability, improving financial technology, and evaluating proposed regulatory and taxation changes. The European Exploratory for economics and finance will be constituted as a network of infrastructure, observatories, data repositories, services and facilities and will foster the creation of a new cross-disciplinary research community of social scientists, complexity scientists and computing (ICT) scientists to collaborate in investigating major issues in economics and finance. It is also considered a cradle for training and collaboration with the private sector to spur spin-offs and job creations in Europe in the finance and economic sectors. The Exploratory will allow Social Scientists and Regulators as well as Policy Makers and the private sector to conduct realistic investigations with real economic, financial and social data. The Exploratory will (i) continuously monitor and evaluate the status of the economies of countries in their various components, (ii) use, extend and develop a large variety of methods including data mining, process mining, computational and artificial intelligence and every other computer and complex science techniques coupled with economic theory and econometric, and (iii) provide the framework and infrastructure to perform what-if analysis, scenario evaluations and computational, laboratory, field and web experiments to inform decision makers and help develop innovative policy, market and regulation designs.

Validating the Need to Include the Economic Returns of Graduates as a Metric of a Higher Education Institutions Level of Sustainability

NARCIS (Netherlands)

Maragakis, A.; van den Dobbelsteen, A.A.J.F.; Maragakis, Alexandros

2016-01-01

Higher education institutions play an important role in sustainability, in their own management and operation, in research and education, and in the undergraduate and graduate degrees they deliver. Often ignored, economic sustainability and future perspectives of students are important indicators

Social and economic development of Russia: Finding new dynamics

Directory of Open Access Journals (Sweden)

Dmitry Medvedev

2016-12-01

Full Text Available This paper addresses Russian economic development and economic policy in 2015–2016. The analysis focuses on external and domestic challenges as well as the anti-crisis policy of the Russian government. Special attention is paid to key elements of the new model of economic growth in Russia. The paper discusses economic policy priorities for sustainable growth that include budget efficiency, structural reforms and import substitution, the encouragement of entrepreneurship, the efficiency of public administration, and the modernization of the welfare state.

Applying Behavioral Economics to Public Health Policy

Science.gov (United States)

Matjasko, Jennifer L.; Cawley, John H.; Baker-Goering, Madeleine M.; Yokum, David V.

2016-01-01

Behavioral economics provides an empirically informed perspective on how individuals make decisions, including the important realization that even subtle features of the environment can have meaningful impacts on behavior. This commentary provides examples from the literature and recent government initiatives that incorporate concepts from behavioral economics in order to improve health, decision making, and government efficiency. The examples highlight the potential for behavioral economics to improve the effectiveness of public health policy at low cost. Although incorporating insights from behavioral economics into public health policy has the potential to improve population health, its integration into government public health programs and policies requires careful design and continual evaluation of such interventions. Limitations and drawbacks of the approach are discussed. PMID:27102853

Qualitative Economics

DEFF Research Database (Denmark)

Fast, Michael; Clark II, Woodrow W

                     This book is about science -- specifically, the science of economics. Or lack thereof is more accurate. The building of any science, let alone economics, is grounded in the understanding of what is beneath the "surface" of economics. Science, and hence economics, should...... be concerned with formulating ideas that express theories which produce descriptions of how to understand phenomenon and real world experiences.                       Economics must become a science, because the essence of economics in terms of human actions, group interactions and communities are in need...... of scientific inquiry. Academics and scholars need a scientific perspective that can hypothesize, theorize document, understand and analyze human dynamics from the individual to more societal interactions. And that is what qualitative economics does; it can make economics into becoming a science. The economic...

Behavioral economics and diabetic eye exams.

Science.gov (United States)

Williams, Andrew M; Liu, Peggy J; Muir, Kelly W; Waxman, Evan L

2018-07-01

Diabetic retinopathy is a common microvascular complication of diabetes mellitus and is the leading cause of new blindness among working-age adults in the United States. Timely intervention to prevent vision loss is possible with early detection by regular eye examinations. Unfortunately, adherence to recommended annual diabetic eye exams is poor. Public health interventions have targeted traditional barriers to care, such as cost and transportation, with limited success. Behavioral economics provides an additional framework of concepts and tools to understand low screening rates and to promote regular diabetic eye exams for populations at risk. In particular, behavioral economics outlines biases and heuristics that affect decision-making and underlie pervasive barriers to care, such as not viewing diabetic eye exams as a priority or perceiving oneself as too healthy to need an examination. In this review, we examine the literature on the use of behavioral economics interventions to promote regular diabetic eye exams. From the results of the included studies, we outline how concepts from behavioral economics can improve eye examination rates. In particular, the default bias, present bias, and self-serving bias play a significant role in precluding regular diabetic eye examinations. Potential tools to mitigate these biases include leveraging default options, using reminder messages, providing behavioral coaching, applying commitment contracts, offering financial incentives, and personalizing health messages. When combined with traditional public health campaigns, insights from behavioral economics can improve understanding of pervasive barriers to care and offer additional strategies to promote regular preventive eye care for patients with diabetes. Copyright © 2018 Elsevier Inc. All rights reserved.

An Economic Course for Elementary School Teachers. Second Revised Edition.

Science.gov (United States)

Lovell, Hugh; Harter, Charlotte

This handbook is intended to help economic educators develop teacher training courses for demonstrating to classroom teachers how to teach economics to children, grades 1-9. Teachers enrolled in the course carry out their own pupil activities which teach economic ideas. These activities include problem solving, case studies, skits, making posters,…

Techno-economic optimisation of energy systems

International Nuclear Information System (INIS)

Mansilla Pellen, Ch.

2006-07-01

The traditional approach currently used to assess the economic interest of energy systems is based on a defined flow-sheet. Some studies have shown that the flow-sheets corresponding to the best thermodynamic efficiencies do not necessarily lead to the best production costs. A method called techno-economic optimisation was proposed. This method aims at minimising the production cost of a given energy system, including both investment and operating costs. It was implemented using genetic algorithms. This approach was compared to the heat integration method on two different examples, thus validating its interest. Techno-economic optimisation was then applied to different energy systems dealing with hydrogen as well as electricity production. (author)

Economics of alternative energy supply in New Zealand

Energy Technology Data Exchange (ETDEWEB)

Walker, B. V.

1977-10-15

Alternative means of supplying the main categories of energy demand in New Zealand are examined, using a common economic basis. In this context alternative means are defined to include those not presently in significant large-scale use in New Zealand but which have been demonstrated to be broadly technically feasible. Energy demand is conveniently divided into four categories each corresponding to a grade of energy required and each including all relevant demand in households, commerce, and industry. These categories are called low-grade heat, process heat, transport, and high-grade energy. The high-grade energy market is largely satisfied only by electricity and alternative means of supplying electricity are considered by other authors. The remaining categories are discussed. The comparison of alternatives includes a brief examination of how the comparative economics are affected by the economic criteria used and particularly the cash flow discount rate. The results obtained are of scoping accuracy only but some policy implications are suggested.

Health and economic benefits of reducing sugar intake in the USA, including effects via non-alcoholic fatty liver disease: a microsimulation model

Science.gov (United States)

Vreman, Rick A; Goodell, Alex J; Rodriguez, Luis A; Porco, Travis C; Lustig, Robert H; Kahn, James G

2017-01-01

Objectives Excessive consumption of added sugars in the human diet has been associated with obesity, type 2 diabetes (T2D), coronary heart disease (CHD) and other elements of the metabolic syndrome. Recent studies have shown that non-alcoholic fatty liver disease (NAFLD) is a critical pathway to metabolic syndrome. This model assesses the health and economic benefits of interventions aimed at reducing intake of added sugars. Methods Using data from US National Health Surveys and current literature, we simulated an open cohort, for the period 2015–2035. We constructed a microsimulation model with Markov chains for NAFLD (including steatosis, non-alcoholic steatohepatitis (NASH), cirrhosis and hepatocellular carcinoma (HCC)), body mass index, T2D and CHD. We assessed reductions in population disease prevalence, disease-attributable disability-adjusted life years (DALYs) and costs, with interventions that reduce added sugars consumption by either 20% or 50%. Findings The model estimated that a 20% reduction in added sugars intake will reduce prevalence of hepatic steatosis, NASH, cirrhosis, HCC, obesity, T2D and CHD. Incidence of T2D and CHD would be expected to decrease by 19.9 (95% CI 12.8 to 27.0) and 9.4 (95% CI 3.1 to 15.8) cases per 100 000 people after 20 years, respectively. A 20% reduction in consumption is also projected to annually avert 0.767 million (M) DALYs (95% CI 0.757M to 0.777M) and a total of US$10.3 billion (B) (95% CI 10.2B to 10.4B) in discounted direct medical costs by 2035. These effects increased proportionally when added sugars intake were reduced by 50%. Conclusions The decrease in incidence and prevalence of disease is similar to results in other models, but averted costs and DALYs were higher, mainly due to inclusion of NAFLD and CHD. The model suggests that efforts to reduce consumption of added sugars may result in significant public health and economic benefits. PMID:28775179

Developing and Validating the Scale of Economic Self-Efficacy.

Science.gov (United States)

Hoge, Gretchen L; Stylianou, Amanda M; Hetling, Andrea; Postmus, Judy L

2017-05-01

Experiencing intimate partner violence (IPV) and financial hardship are often intertwined. The dynamics of an abusive relationship may include economic abuse tactics that compromise a survivor's ability to work, pursue education, have access to financial resources, and establish financial skills, knowledge, and security. An increasingly common goal among programs serving IPV survivors is increasing financial empowerment through financial literacy. However, providing financial education alone may not be enough to improve financial behaviors. Psychological factors also play a role when individuals make financial choices. Economic self-efficacy focuses on the individual's perceived ability to perform economic or financial tasks, and may be considered a primary influence on one's ability to improve financial decisions and behaviors. The current study tests the reliability and validity of a Scale of Economic Self-Efficacy with a sample of female survivors of IPV. This study uses a calibration and validation analysis model including full and split-sample exploratory and confirmatory factor analyses, assesses for internal consistency, and examines correlation coefficients between economic self-efficacy, economic self-sufficiency, financial strain, and difficulty living with income. Findings indicate that the 10-item, unidimensional Scale of Economic Self-Efficacy demonstrates strong reliability and validity among this sample of IPV survivors. An ability to understand economic self-efficacy could facilitate individualized service approaches and allow practitioners to better support IPV survivors on their journey toward financial empowerment. Given the increase in programs focused on assets, financial empowerment, and economic well-being, the Scale of Economic Self-Efficacy has potential as a very timely and relevant tool in the design, implementation, and evaluation of such programs, and specifically for programs created for IPV survivors.

HTGR Application Economic Model Users' Manual

Energy Technology Data Exchange (ETDEWEB)

A.M. Gandrik

2012-01-01

The High Temperature Gas-Cooled Reactor (HTGR) Application Economic Model was developed at the Idaho National Laboratory for the Next Generation Nuclear Plant Project. The HTGR Application Economic Model calculates either the required selling price of power and/or heat for a given internal rate of return (IRR) or the IRR for power and/or heat being sold at the market price. The user can generate these economic results for a range of reactor outlet temperatures; with and without power cycles, including either a Brayton or Rankine cycle; for the demonstration plant, first of a kind, or nth of a kind project phases; for up to 16 reactor modules; and for module ratings of 200, 350, or 600 MWt. This users manual contains the mathematical models and operating instructions for the HTGR Application Economic Model. Instructions, screenshots, and examples are provided to guide the user through the HTGR Application Economic Model. This model was designed for users who are familiar with the HTGR design and Excel and engineering economics. Modification of the HTGR Application Economic Model should only be performed by users familiar with the HTGR and its applications, Excel, and Visual Basic.

Asymmetric information and economics

Science.gov (United States)

Frieden, B. Roy; Hawkins, Raymond J.

2010-01-01

We present an expression of the economic concept of asymmetric information with which it is possible to derive the dynamical laws of an economy. To illustrate the utility of this approach we show how the assumption of optimal information flow leads to a general class of investment strategies including the well-known Q theory of Tobin. Novel consequences of this formalism include a natural definition of market efficiency and an uncertainty principle relating capital stock and investment flow.

"The New Economic Reality"

Science.gov (United States)

Stewart, Pearl

2012-01-01

Many historically Black business schools have taken a proactive stance during this period of economic uncertainty. Dr. Jessica Bailey, president of the HBCU Business Deans' Roundtable, which includes 52 of the 104 historically Black business schools, thinks the institutions are "expanding their missions" to place more emphasis on globalization,…

Input parameters and scenarios, including economic inputs

DEFF Research Database (Denmark)

Boklund, Anette; Hisham Beshara Halasa, Tariq

2012-01-01

scenarios, we excluded hobby-type farms1 In the vaccination scenarios, herds within the vaccination zone were simulated to be vaccinated 14 days after detection of the first herd or when 10, 20, 30 or 50 herds were infected. All herds within the zones were simulated to be vaccinated. We used vaccination...... zones of either a 1, 2, 3 or 5 km. In some scenarios, hobby herds were not vaccinated. In one scenario, no sheep were vaccinated, and in another scenario no swine were vaccinated. from depopulation in zones. The resources for depopulation were estimated to 4,800 swine and 2,000 ruminants a day...

Behavioral economics strategies for promoting adherence to sleep interventions.

Science.gov (United States)

Stevens, Jack

2015-10-01

Cognitive-behavioral treatment for insomnia and continuous positive airway pressure therapy for obstructive sleep apnea are among the most efficacious sleep interventions. Unfortunately, adherence levels are disappointingly low for these interventions. Behavioral economics offers a promising framework for promoting adherence, often through relatively brief and straightforward strategies. The assumptions, goals, and key strategies of behavioral economics will be introduced. These strategies include providing social norms information, changing defaults, using the compromise effect, utilizing commitment devices, and establishing lottery-based systems. Then, this review will highlight specific behavioral economic approaches to promote patient adherence for three major sleep interventions: 1) behavioral treatment for pediatric insomnia, 2) cognitive-behavioral treatment for adult insomnia, and 3) continuous positive airway pressure for obstructive sleep apnea. Next, behavioral economic strategies will be discussed as ways to improve health care provider adherence to clinical practice guidelines regarding appropriate prescribing of hypnotics and ordering sleep-promoting practices for hospitalized inpatients. Finally, possible concerns that readers may have about behavioral economics strategies, including their efficacy, feasibility, and sustainability, will be addressed. Copyright © 2014 Elsevier Ltd. All rights reserved.

Economic aspects of rare diseases.

Science.gov (United States)

Borski, Krzysztof

2015-01-01

Economic problems related to the prevention, diagnosis and treatment of rare diseases are presented paying particular attention to the costs of financing treatment, including the issue of its refund, which is a fundamental and difficult to solve economic problem of the health care system. Rare diseases, despite the low frequency of occurrence, together cover a large group of diseases being a serious medical, social and economic problem. The adoption of Polish National Plan for Rare Diseases resulting from the recommendations of the Council of the European Union, the extension of institutional activities related to the area of public health and social initiatives seeking innovative solutions to create a model of social support for patients and their families, with very high complexity of the issues regarding rare diseases, results in the need for a coherent, comprehensive, system operations and adoption of comprehensive solutions.

Climate economics in progress 2011

International Nuclear Information System (INIS)

De Perthuis, Christian; Jouvet, Pierre-Andre; Trotignon, Raphael; Simonet, Gabriela; Boutueil, Virginie

2011-01-01

Climate Economics in Progress offers a global overview of the present status of action on climate change. Drawing on the most recent data, it analyzes the development of carbon markets in Europe and other parts of the world. It also examines the conditions for including major players such as China and new sectors such as agriculture, forestry and transport in the fight against global warming. The book is essential reading for anyone wishing to understand current advances in climate control, which could pave the way for a new form of economic growth. The book brings together a group of researchers whose goal is to make the link between academic research on the economics of climate change and the implementation of operational tools, thereby allowing the climate issue to be integrated into the functioning of the real economy

Systematic overview of economic evaluations of health-related rehabilitation.

Science.gov (United States)

Howard-Wilsher, Stephanie; Irvine, Lisa; Fan, Hong; Shakespeare, Tom; Suhrcke, Marc; Horton, Simon; Poland, Fiona; Hooper, Lee; Song, Fujian

2016-01-01

Health related rehabilitation is instrumental in improving functioning and promoting participation by people with disabilities. To make clinical and policy decisions about health-related rehabilitation, resource allocation and cost issues need to be considered. To provide an overview of systematic reviews (SRs) on economic evaluations of health-related rehabilitation. We searched multiple databases to identify relevant SRs of economic evaluations of health-related rehabilitation. Review quality was assessed by AMSTAR checklist. We included 64 SRs, most of which included economic evaluations alongside randomized controlled trials (RCTs). The review quality was low to moderate (AMSTAR score 5-8) in 35, and high (score 9-11) in 29 of the included SRs. The included SRs addressed various health conditions, including spinal or other pain conditions (n = 14), age-related problems (11), stroke (7), musculoskeletal disorders (6), heart diseases (4), pulmonary (3), mental health problems (3), and injury (3). Physiotherapy was the most commonly evaluated rehabilitation intervention in the included SRs (n = 24). Other commonly evaluated interventions included multidisciplinary programmes (14); behavioral, educational or psychological interventions (11); home-based interventions (11); complementary therapy (6); self-management (6); and occupational therapy (4). Although the available evidence is often described as limited, inconsistent or inconclusive, some rehabilitation interventions were cost-effective or showed cost-saving in a variety of disability conditions. Available evidence comes predominantly from high income countries, therefore economic evaluations of health-related rehabilitation are urgently required in less resourced settings. Copyright © 2016 The Authors. Published by Elsevier Inc. All rights reserved.

An economic evaluation of solar radiation management

Energy Technology Data Exchange (ETDEWEB)

Aaheim, Asbjørn; Romstad, Bård; Wei, Taoyuan [CICERO — Center for International Climate and Environmental Research Oslo (Norway); Kristjánsson, Jón Egill; Muri, Helene [Department of Geosciences, University of Oslo (Norway); Niemeier, Ulrike; Schmidt, Hauke [Max Planck Institute for Meteorology, Hamburg (Germany)

2015-11-01

Economic evaluations of solar radiation management (SRM) usually assume that the temperature will be stabilized, with no economic impacts of climate change, but with possible side-effects. We know from experiments with climate models, however, that unlike emission control the spatial and temporal distributions of temperature, precipitation and wind conditions will change. Hence, SRM may have economic consequences under a stabilization of global mean temperature even if side-effects other than those related to the climatic responses are disregarded. This paper addresses the economic impacts of implementing two SRM technologies; stratospheric sulfur injection and marine cloud brightening. By the use of a computable general equilibrium model, we estimate the economic impacts of climatic responses based on the results from two earth system models, MPI-ESM and NorESM. We find that under a moderately increasing greenhouse-gas concentration path, RCP4.5, the economic benefits of implementing climate engineering are small, and may become negative. Global GDP increases in three of the four experiments and all experiments include regions where the benefits from climate engineering are negative.

The role of energy in economic growth.

Science.gov (United States)

Stern, David I

2011-02-01

This paper reviews the mainstream, resource economics, and ecological economics models of growth. A possible synthesis of energy-based and mainstream models is presented. This shows that when energy is scarce it imposes a strong constraint on the growth of the economy; however, when energy is abundant, its effect on economic growth is much reduced. The industrial revolution released the constraints on economic growth by the development of new methods of using coal and the discovery of new fossil fuel resources. Time-series analysis shows that energy and GDP cointegrate, and energy use Granger causes GDP when capital and other production inputs are included in the vector autoregression model. However, various mechanisms can weaken the links between energy and growth. Energy used per unit of economic output has declined in developed and some developing countries, owing to both technological change and a shift from poorer quality fuels, such as coal, to the use of higher quality fuels, especially electricity. Substitution of other inputs for energy and sectoral shifts in economic activity play smaller roles. © 2011 New York Academy of Sciences.

An economic evaluation of solar radiation management

International Nuclear Information System (INIS)

Aaheim, Asbjørn; Romstad, Bård; Wei, Taoyuan; Kristjánsson, Jón Egill; Muri, Helene; Niemeier, Ulrike; Schmidt, Hauke

2015-01-01

Economic evaluations of solar radiation management (SRM) usually assume that the temperature will be stabilized, with no economic impacts of climate change, but with possible side-effects. We know from experiments with climate models, however, that unlike emission control the spatial and temporal distributions of temperature, precipitation and wind conditions will change. Hence, SRM may have economic consequences under a stabilization of global mean temperature even if side-effects other than those related to the climatic responses are disregarded. This paper addresses the economic impacts of implementing two SRM technologies; stratospheric sulfur injection and marine cloud brightening. By the use of a computable general equilibrium model, we estimate the economic impacts of climatic responses based on the results from two earth system models, MPI-ESM and NorESM. We find that under a moderately increasing greenhouse-gas concentration path, RCP4.5, the economic benefits of implementing climate engineering are small, and may become negative. Global GDP increases in three of the four experiments and all experiments include regions where the benefits from climate engineering are negative

Relationship of suicide rates to economic variables in Europe

DEFF Research Database (Denmark)

Fountoulakis, Konstantinos N; Kawohl, Wolfram; Theodorakis, Pavlos N

2014-01-01

European countries and included the number of deaths by suicide in men and women, the unemployment rate, the gross domestic product (GDP) per capita, the annual economic growth rate and inflation. RESULTS: There was a strong correlation between suicide rates and all economic indices except GPD per capita...... in men but only a correlation with unemployment in women. However, the increase in suicide rates occurred several months before the economic crisis emerged. CONCLUSIONS: Overall, this study confirms a general relationship between the economic environment and suicide rates; however, it does not support...

Economics of wild salmon ecosystems: Bristol Bay, Alaska

Science.gov (United States)

John W. Duffield; Christopher J. Neher; David A. Patterson; Oliver S. Goldsmith

2007-01-01

This paper provides an estimate of the economic value of wild salmon ecosystems in the major watershed of Bristol Bay, Alaska. The analysis utilizes both regional economic and social benefit-cost accounting frameworks. Key sectors analyzed include subsistence, commercial fishing, sport fishing, hunting, and nonconsumptive wildlife viewing and tourism. The mixed cash-...

Rules of Thumb for Up-and-Down Economics.

Science.gov (United States)

Kennedy, Peter

1994-01-01

Reports that economist Paul Krugman identifies three types of economic writing. Asserts that the major principles of macroeconomics can be synthesized into "Five Rules of Thumb" which can help to interpret economic news. Presents and discusses these five rules and includes a survey summary of journalists and economists on this issue.…

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

Energy Technology Data Exchange (ETDEWEB)

Columbia River System Operation Review (U.S.)

1995-11-01

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

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

International Nuclear Information System (INIS)

1995-11-01

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

EPA's Role in the United Nations Economic and Social Council

Science.gov (United States)

The United Nations Economic and Social Council (ECOSOC) considers the world’s economic, social, and environmental challenges. ECOSOC is composed of subsidiary bodies, including the recently concluded Commission on Sustainable Development (CSD).

Financial Development, Environmental Quality and Economic Growth

Directory of Open Access Journals (Sweden)

Shushu Li

2015-07-01

Full Text Available In this study, the relationships between financial development, environmental quality and economic growth are studied based on data from 102 countries over the period 1980–2010 using the generalized method of moments (GMM estimation. The econometric results show the following three basic conclusions: First, both financial development and environmental quality have a significant impact on economic growth and should be included in the production function of the economic growth model as important variables. Second, there is a significant and robust “inverted U-shaped” relationship between financial development and economic growth; with the improvement of the level of financial development, economic growth would first increase and then decrease, which is consistent with the results of previous studies. Third, there is also a significant and robust “inverted U-shaped” relationship between economic growth and carbon emissions, indicating that there exists a “critical point” at which achieving economic growth comes at the expense of environmental quality, and after passing the critical point, the deterioration of environmental quality will lead to a significant slowdown in economic growth. In addition, the econometric analysis in this paper also shows that there was a mutually promoting and strengthening relationship between financial development and environmental quality. Specifically, the degree of financial development can further strengthen the promoting effect of environmental quality on economic growth; meanwhile, an improvement in environmental quality can also strengthen the promoting effect of financial development on economic growth. Financial development and environmental quality could influence economic growth through strengthening the marginal product effects of capital and labor, which further indicates the that both financial and environmental factors play an important role in modern economic development.

An economic and neuroscientific comparison of strategic decision making

NARCIS (Netherlands)

Michl, T.; Taing, S.; Day, M.; Stanton, A.; Welpe, I.M.

2010-01-01

Economic decision- making is traditionally based on the assumptions of the predominant existence of Homo economicus (Latin: economic human being). The framework of this theory is known as the Rational Choice Theory (RC Theory). It includes assumptions such as utility maximization, opportunism,

The contention within health economics: a micro-economic foundation using a macro-economic analysis.

Science.gov (United States)

Yaxley, I L

1998-03-01

Health economists claim to use market economics combined with the micro-economic concepts of opportunity cost and the margin to advise on priority setting. However, they are advising on setting priorities through a macro-economic analysis using the costs of the supplier, thus prioritising the producer and not the consumer as the dynamic of economic activity. For health economists any contention within priority setting is due to lack of data not their confusion over fundamental concepts.

Economic analysis in support of broad scale land management strategies.

Science.gov (United States)

Richard. Haynes

2003-01-01

The US has a century of experience with the development of forest policies that have benefited from or been influenced by economic research activities in the forest sector. At the same time, increasing rigor in policy debates stimulated economics research. During the past four decades economic research has evolved to include increased understanding of consumer demands...

The economic and financial performance of Bahrain's Fisheries Sector

International Nuclear Information System (INIS)

Abdulqader, E.A.A.

2007-01-01

This work is based on an extensive socio-economic survey conducted at all Bahrain landing sites in the period July-November, 2002. Based on boat size and the type of fishing gear used, eight fisheries sectors were determined, these included small boats using wire traps, shrimp trawls, gillnets, hooks and lines and barrier traps. It also included large boats using wire traps, shrimp trawls and gillnets. The economic and financial performances of these sectors were evaluated. The ratio of net catch flow to total earnings was used to measure the economic performance, while the return over investment was used to measure the financial performance. Higher economic returns (except for gillnet and shrimp trawl fisheries) were found in the case of small boats where smaller investments are found. This indicated that an over-fishing condition exists in Bahrain's fisheries, which is clearly found in the case of the shrimp trawl fishery. (author)

Forest resource economics and policy research

International Nuclear Information System (INIS)

Ellefson, P.V.

1989-01-01

This book contains chapters relating to forest economics. Included are the following chapters: Forecasting demand and supply of forest resources, products, and services; Wood fiber production; Forestry sector environmental effects

A Proposal to Revise the Secondary School Curriculum in Economics

Science.gov (United States)

Marcus, Stuart Paul; Richman, Paul Jeffrey

1978-01-01

Two high school students recommend revision of the economics component of the social studies curriculum to include study of income tax preparation, consumer fraud, investment practices, labor economics, and urban problems. (Author/DB)

Multidetector-row CT: economics and workflow

International Nuclear Information System (INIS)

Pottala, K.M.; Kalra, M.K.; Saini, S.; Ouellette, K.; Sahani, D.; Thrall, J.H.

2005-01-01

With rapid evolution of multidetector-row CT (MDCT) technology and applications, several factors such ad technology upgrade and turf battles for sharing cost and profitability affect MDCT workflow and economics. MDCT workflow optimization can enhance productivity and reduce unit costs as well as increase profitability, in spite of decrease in reimbursement rates. Strategies for workflow management include standardization, automation, and constant assessment of various steps involved in MDCT operations. In this review article, we describe issues related to MDCT economics and workflow. (orig.)

The Economic Freedom Index : A Review

OpenAIRE

Ruperto P. Alonzo

2002-01-01

The economic freedom index (EFI) is one of several cross-country yardsticks that incorporate dimensions of progress and well-being that go beyond what conventional economic indicators tell us. It is a composite of 21 indicators that include “personal choice, protection of private property, and freedom of exchange.” It is one of the few measures where the Philippines ranks higher than most of its neighbors; the Philippines was in fact 29th among 123 countries rated for 1999, while neighboring ...

A cross-national analysis of how economic inequality predicts biodiversity loss.

Science.gov (United States)

Holland, Tim G; Peterson, Garry D; Gonzalez, Andrew

2009-10-01

We used socioeconomic models that included economic inequality to predict biodiversity loss, measured as the proportion of threatened plant and vertebrate species, across 50 countries. Our main goal was to evaluate whether economic inequality, measured as the Gini index of income distribution, improved the explanatory power of our statistical models. We compared four models that included the following: only population density, economic footprint (i.e., the size of the economy relative to the country area), economic footprint and income inequality (Gini index), and an index of environmental governance. We also tested the environmental Kuznets curve hypothesis, but it was not supported by the data. Statistical comparisons of the models revealed that the model including both economic footprint and inequality was the best predictor of threatened species. It significantly outperformed population density alone and the environmental governance model according to the Akaike information criterion. Inequality was a significant predictor of biodiversity loss and significantly improved the fit of our models. These results confirm that socioeconomic inequality is an important factor to consider when predicting rates of anthropogenic biodiversity loss.

Economic risks of nuclear power reactor accidents

International Nuclear Information System (INIS)

Burke, R.P.; Aldrich, D.C.

1984-04-01

Models to be used for analyses of economic risks from events which occur during US LWR plant operation are developed in this study. The models include capabilities to estimate both onsite and offsite costs of LWR events ranging from routine plant forced outages to severe core-melt accidents resulting in large releases of radioactive material to the environment. The models have been developed for potential use by both the nuclear power industry and regulatory agencies in cost/benefit analyses for decision-making purposes. The new onsite cost models estimate societal losses from power production cost increases, plant capital losses, plant decontamination costs, and plant repair costs which may be incurred after LWR operational events. Early decommissioning costs, plant worker health impact costs, electric utility business costs, nuclear power industry costs, and litigation costs are also addressed. The newly developed offsite economic consequence models estimate The costs of post-accident population protective measures and public health impacts. The costs of population evacuation and temporary relocation, agricultural product disposal, land and property decontamination, and land interdiction are included in the economic models for population protective measures. Costs of health impacts and medical care costs are also included in the models

Health economic analyses in medical nutrition: a systematic literature review.

Science.gov (United States)

Walzer, Stefan; Droeschel, Daniel; Nuijten, Mark; Chevrou-Séverac, Hélène

2014-01-01

Medical nutrition is a specific nutrition category either covering specific dietary needs and/or nutrient deficiency in patients or feeding patients unable to eat normally. Medical nutrition is regulated by a specific bill in Europe and in the US, with specific legislation and guidelines, and is provided to patients with special nutritional needs and indications for nutrition support. Therefore, medical nutrition products are delivered by medical prescription and supervised by health care professionals. Although these products have existed for more than 2 decades, health economic evidence of medical nutrition interventions is scarce. This research assesses the current published health economic evidence for medical nutrition by performing a systematic literature review related to health economic analysis of medical nutrition. A systematic literature search was done using standard literature databases, including PubMed, the Health Technology Assessment Database, and the National Health Service Economic Evaluation Database. Additionally, a free web-based search was conducted using the same search terms utilized in the systematic database search. The clinical background and basis of the analysis, health economic design, and results were extracted from the papers finally selected. The Drummond checklist was used to validate the quality of health economic modeling studies and the AMSTAR (A Measurement Tool to Assess Systematic Reviews) checklist was used for published systematic reviews. Fifty-three papers were identified and obtained via PubMed, or directly via journal webpages for further assessment. Thirty-two papers were finally included in a thorough data extraction procedure, including those identified by a "gray literature search" utilizing the Google search engine and cross-reference searches. Results regarding content of the studies showed that malnutrition was the underlying clinical condition in most cases (32%). In addition, gastrointestinal disorders (eg

FBI fingerprint identification automation study. AIDS 3 evaluation report. Volume 4: Economic feasibility

Science.gov (United States)

Mulhall, B. D. L.

1980-01-01

The results of the economic analysis of the AIDS 3 system design are presented. AIDS 3 evaluated a set of economic feasibility measures including life cycle cost, implementation cost, annual operating expenditures and annual capital expenditures. The economic feasibility of AIDS 3 was determined by comparing the evaluated measures with the same measures, where applicable, evaluated for the current system. A set of future work load scenarios was constructed using JPL's environmental evaluation study of the fingerprint identification system. AIDS 3 and the current system were evaluated for each of the economic feasibility measures for each of the work load scenarios. They were compared for a set of performance measures, including response time and accuracy, and for a set of cost/benefit ratios, including cost per transaction and cost per technical search. Benefit measures related to the economic feasibility of the system are also presented, including the required number of employees and the required employee skill mix.

Economic values of pork production related traits in Finland

Directory of Open Access Journals (Sweden)

T. SERENIUS

2008-12-01

Full Text Available The objective of the present study was to estimate economic values for sow efficiency and meat production traits in the Finnish pork production system including the consideration for subsidies. Economic values were estimated by developing a bio-economic model that describes the Finnish production system. Genetic improvement estimates for meat production traits were also developed in order to evaluate how much genetic gain is reduced due to selection for meat quality. Results showed that the highest economic values, when expressed in genetic standard deviations, were obtained for total number of piglets born (€2.07 per piglet, feed conversion ratio (€2.07 per feed unit per kg, and lean meat percentage (€1.69 per %. Economic values for litter size, piglet mortality, sows length of productive life, and lean meat percentage increased when subsidies were not accounted for in the bio-economic model. Results show further that meat quality should have 15–20 percent weight in the Finnish production trait index in order to prevent its deterioration. When the selection weights are 15–20% for meat quality, the expected loss in genetic gain is approximately 3 percent for other production traits when compared to selection indices where meat quality traits are not included.;

Validating the Need to Include the Economic Returns of Graduates as a Metric of a Higher Education Institutions Level of Sustainability

Science.gov (United States)

Maragakis, Antonios; van den Dobbelsteen, Andy; Maragakis, Alexandros

2016-01-01

Higher education institutions play an important role in sustainability, in their own management and operation, in research and education, and in the undergraduate and graduate degrees they deliver. Often ignored, economic sustainability and future perspectives of students are important indicators too. The research presented in this paper validates…

Behavioral economics: Past, present, and future

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Richard H. Thaler

2018-04-01

Full Text Available “Behavioral economics” attempts to incorporate insights from other social sciences, especially psychology, in order to enrich the standard economic model. The interest in the psychology of human behavior returns economics to its earliest roots. Adam Smith talked about such key concepts as loss aversion, overconfidence, and self-control. Nevertheless, the modern version of behavioral economics introduced in the 1980s met with resistance by some economists, who preferred to retain the standard neo-classical model. They introduced several arguments for why psychology could safely be ignored. In this essay I show that these arguments have been rejected, both theoretically and empirically, so it is time to move on. The new approach should include two different kinds of theories: normative models that characterize the optimal solution to specific problems and descriptive models that capture how humans actually behave. The latter theories will incorporate some variables I call supposedly irrelevant factors, which can improve the explanatory power of economic models.

THE IMPACT OF CULTURE ON THE ECONOMIC CRISIS

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CARINA-ELENA STEGĂROIU

2016-06-01

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

Economic stability and health status: evidence from East Asia before and after the 1990s economic crisis.

Science.gov (United States)

Hopkins, Sandra

2006-02-01

The East Asian economies of Indonesia, Malaysia and Thailand suffered declines in their economic growth rates in 1997. The Indonesian and Thai government followed the World Bank prescription for adjustment, which included a cut-back in government spending at a time when there were significant job losses. Malaysia chose its own path to adjustment. Evidence presented in this paper shows that although the declines were short-lived that there was an impact on the health status measured by mortality rates for the populations of Indonesia and Thailand. There was little apparent impact on the health status of Malaysians. The lessons for other developing economies include the importance of social safety nets and the maintenance of government expenditure in minimising the impact of economic shocks on health.

Malaysian Economic Development: Looking Backwards and Forward

OpenAIRE

Hal Hill

2010-01-01

This paper provides an analytical and forward-looking overview of Malaysian economic development. Looking back over its 53 years of Independence, we identify the key stylized facts to include the country's generally rapid economic growth and structural change; its consistent openness, especially for merchandize trade and foreign direct investment; its creditable record of macroeconomic management; its consistently high inequality, in spite of the developing world's most consistently implement...

Infliximab, adalimumab and golimumab for treating moderately to severely active ulcerative colitis after the failure of conventional therapy (including a review of TA140 and TA262): clinical effectiveness systematic review and economic model.

Science.gov (United States)

Archer, Rachel; Tappenden, Paul; Ren, Shijie; Martyn-St James, Marrissa; Harvey, Rebecca; Basarir, Hasan; Stevens, John; Carroll, Christopher; Cantrell, Anna; Lobo, Alan; Hoque, Sami

2016-05-01

Ulcerative colitis (UC) is the most common form of inflammatory bowel disease in the UK. UC can have a considerable impact on patients' quality of life. The burden for the NHS is substantial. To evaluate the clinical effectiveness and safety of interventions, to evaluate the incremental cost-effectiveness of all interventions and comparators (including medical and surgical options), to estimate the expected net budget impact of each intervention, and to identify key research priorities. Peer-reviewed publications, European Public Assessment Reports and manufacturers' submissions. The following databases were searched from inception to December 2013 for clinical effectiveness searches and from inception to January 2014 for cost-effectiveness searches for published and unpublished research evidence: MEDLINE, EMBASE, Cumulative Index to Nursing and Allied Health Literature, The Cochrane Library including the Cochrane Systematic Reviews Database, Cochrane Controlled Trials Register, Database of Abstracts of Reviews of Effects, the Health Technology Assessment database and NHS Economic Evaluation Database; ISI Web of Science, including Science Citation Index, and the Conference Proceedings Citation Index-Science and Bioscience Information Service Previews. The US Food and Drug Administration website and the European Medicines Agency website were also searched, as were research registers, conference proceedings and key journals. A systematic review [including network meta-analysis (NMA)] was conducted to evaluate the clinical effectiveness and safety of named interventions. The health economic analysis included a review of published economic evaluations and the development of a de novo model. Ten randomised controlled trials were included in the systematic review. The trials suggest that adult patients receiving infliximab (IFX) [Remicade(®), Merck Sharp & Dohme Ltd (MSD)], adalimumab (ADA) (Humira(®), AbbVie) or golimumab (GOL) (Simponi(®), MSD) were more likely to

Voodoo Economics:Voodoo Economics

OpenAIRE

Briones Alonso, Elena

2017-01-01

This dissertation collects three essays that aim to contribute to the field of cultural economics. There is growing recognition among economists and policy makers that culture matters for economic development, but in many cases this trend has not resulted in a thorough understanding of the role of culture, or a proper integration of existing knowledge in policy. This is particularly true for the area of food security. The second chapter addresses this issue by reviewing existing cross-discipl...

Economic and policy implications of pandemic influenza.

Energy Technology Data Exchange (ETDEWEB)

Smith, Braeton J.; Starks, Shirley J.; Loose, Verne W.; Brown, Theresa Jean; Warren, Drake E.; Vargas, Vanessa N.

2010-03-01

Pandemic influenza has become a serious global health concern; in response, governments around the world have allocated increasing funds to containment of public health threats from this disease. Pandemic influenza is also recognized to have serious economic implications, causing illness and absence that reduces worker productivity and economic output and, through mortality, robs nations of their most valuable assets - human resources. This paper reports two studies that investigate both the short- and long-term economic implications of a pandemic flu outbreak. Policy makers can use the growing number of economic impact estimates to decide how much to spend to combat the pandemic influenza outbreaks. Experts recognize that pandemic influenza has serious global economic implications. The illness causes absenteeism, reduced worker productivity, and therefore reduced economic output. This, combined with the associated mortality rate, robs nations of valuable human resources. Policy makers can use economic impact estimates to decide how much to spend to combat the pandemic influenza outbreaks. In this paper economists examine two studies which investigate both the short- and long-term economic implications of a pandemic influenza outbreak. Resulting policy implications are also discussed. The research uses the Regional Economic Modeling, Inc. (REMI) Policy Insight + Model. This model provides a dynamic, regional, North America Industrial Classification System (NAICS) industry-structured framework for forecasting. It is supported by a population dynamics model that is well-adapted to investigating macro-economic implications of pandemic influenza, including possible demand side effects. The studies reported in this paper exercise all of these capabilities.

Historical and Critical Review on Biophysical Economics

Science.gov (United States)

Adigüzel, Yekbun

2016-07-01

Biophysical economics is initiated with the long history of the relation of economics with ecological basis and biophysical perspectives of the physiocrats. It inherently has social, economic, biological, environmental, natural, physical, and scientific grounds. Biological entities in economy like the resources, consumers, populations, and parts of production systems, etc. could all be dealt by biophysical economics. Considering this wide scope, current work is a “biophysical economics at a glance” rather than a comprehensive review of the full range of topics that may just be adequately covered in a book-length work. However, the sense of its wide range of applications is aimed to be provided to the reader in this work. Here, modern approaches and biophysical growth theory are presented after the long history and an overview of the concepts in biophysical economics. Examples of the recent studies are provided at the end with discussions. This review is also related to the work by Cleveland, “Biophysical Economics: From Physiocracy to Ecological Economics and Industrial Ecology” [C. J. Cleveland, in Advances in Bioeconomics and Sustainability: Essay in Honor of Nicholas Gerogescu-Roegen, eds. J. Gowdy and K. Mayumi (Edward Elgar Publishing, Cheltenham, England, 1999), pp. 125-154.]. Relevant parts include critics and comments on the presented concepts in a parallelized fashion with the Cleveland’s work.

POLISH AND EUROPEAN ECONOMIC CULTURE – A COMPARISON

Directory of Open Access Journals (Sweden)

Izabela Ścibiorska-Kowalczyk

2013-12-01

Full Text Available The term "economic culture" describes historically shaped elements in the general culture of population, concerning values recognized and desired by a particular community, relating to the management and to the economic system of the states. The most important economic cultural behaviors include: awareness of economic choices, attitudes and behaviors of economic choices, the rules of the economic game. There is a theory which assumes that the globalization of the economy will lead to the emergence of a single, common to the whole world culture through enculturation, which is defined as a gradual process of growing of the individual (or group into the culture or cultures through assimilation of cultural heritage of the surrounding community. More inculturation can be understood as a process of movement between different cultures come into contact and the transmission of cultural patterns. The article is an attempt at presenting the Polish economic culture against the European background and identifying the differences. It discusses the impact of national history and religion on the present shape of economic life, with particular regard to its negative aspects, i.e. the relatively high level of bribery and unemployment or the negative personal attitudes.

New economic initiatives are designed to protect the environment

International Nuclear Information System (INIS)

Fleet, B.; Fleet, N.S.

1992-01-01

The use of economic initiatives or economic instruments as an alternative to or as support for existing environmental legislation is reviewed. The most controversial area of economic incentives is the concept of creating a market in pollution rights. While emissions trading can enable economic growth in areas of high pollution, this approach is only marginally different than the traditional regulatory approach. Environmental economics is complex, with mixtures of private and public costs. Social costs include subsidies, waste treatment, landfill disposal costs, etc. More intangible social costs include public health costs and damage to the natural environment. Conventional economic approaches ignore most such social costs. Several European countries have started to develop a green gross national product (GNP) which sets out an alternative approach to the traditional measure of economic activity by subtracting a figure for harm to the environment from economic activity. This ambitious approach attempts to measure the costs of all toxic discharges along with the disappearance of plant and animal life and other environmental changes. A powerful new tool for the environmental manager is full cost accounting, which uses a long (10-20 y) window for projects, anticipates the impact of stricter discharge standards, and attempts to quantify a range of less tangible social costs elements, such as liability, improved environmental image, etc. Various strategies can be ranked on the basis of their future risk cost. The application of full cost accounting models, small business, computer models and expert systems, developing country debt-for-nature swaps, and environmental risk assessment are discussed. 12 refs

Health economic analyses in medical nutrition: a systematic literature review

Directory of Open Access Journals (Sweden)

Walzer S

2014-03-01

Full Text Available Stefan Walzer,1,2 Daniel Droeschel,1,3 Mark Nuijten,4 Hélène Chevrou-Séverac5 1MArS Market Access and Pricing Strategy GmbH, Weil am Rhein, Germany; 2State University Baden-Wuerttemberg, Loerrach, Germany; 3Riedlingen University, SRH FernHochschule, Riedlingen, Germany; 4Ars Accessus Medica BV, Amsterdam, the Netherlands, 5Nestlé Health Science, Vevey, Switzerland Background: Medical nutrition is a specific nutrition category either covering specific dietary needs and/or nutrient deficiency in patients or feeding patients unable to eat normally. Medical nutrition is regulated by a specific bill in Europe and in the US, with specific legislation and guidelines, and is provided to patients with special nutritional needs and indications for nutrition support. Therefore, medical nutrition products are delivered by medical prescription and supervised by health care professionals. Although these products have existed for more than 2 decades, health economic evidence of medical nutrition interventions is scarce. This research assesses the current published health economic evidence for medical nutrition by performing a systematic literature review related to health economic analysis of medical nutrition. Methods: A systematic literature search was done using standard literature databases, including PubMed, the Health Technology Assessment Database, and the National Health Service Economic Evaluation Database. Additionally, a free web-based search was conducted using the same search terms utilized in the systematic database search. The clinical background and basis of the analysis, health economic design, and results were extracted from the papers finally selected. The Drummond checklist was used to validate the quality of health economic modeling studies and the AMSTAR (A Measurement Tool to Assess Systematic Reviews checklist was used for published systematic reviews. Results: Fifty-three papers were identified and obtained via PubMed, or directly

The economics of fire protection

CERN Document Server

Ramachandran, Ganapathy

2003-01-01

This important new book, the first of its kind in the fire safety field, discusses the economic problems faced by decision-makers in the areas of fire safety and fire precautions. The author considers the theoretical aspects of cost-benefit analysis and other relevant economic problems with practical applications to fire protection systems. Clear examples are included to illustrate these techniques in action. The work covers: * the performance and effectiveness of passive fire protection measures such as structural fire resistance and means of escape facilities, and active systems such as sprinklers and detectors * the importance of educating for better understanding and implementation of fire prevention through publicity campaigns and fire brigade operations * cost-benefit analysis of fire protection measures and their combinations, taking into account trade-offs between these measures. The book is essential reading for consultants and academics in construction management, economics and fire safety, as well ...

Economic analysis of KNGR's conceptual design

International Nuclear Information System (INIS)

Roh, Myung-Sub; Chung, Kyung-Nam; Hong, Jang-Hee

1997-01-01

During the last two decades in Korea, with the rapid economic growth and industrialization, nuclear power has played an important role in electric power production. At present, Korea has 11 nuclear units in operation with total installed capacity of 9,916MWe and 7 units under construction with total capacity of 6,100MWe. An advanced reactor development program, called Korean Next Generation Reactor (KNGR), has been started for the coming 21st century. It aims to enhance safety features compared to existing plants and follow the target to maintain the economic competitiveness of nuclear energy with alternative energy sources. In order to meet these requirements, a number of technical and economical factors have been taken into the program. These factors include the economy of plant size, design simplification and optimization, and reduction of construction period. This paper addresses the preliminary economic analysis results for the KNGR design. It is indicated that KNGR has about 17% economic advantage compared to the current 1,000 MWe PWR. This paper also describes some of the experiences gained and important factors related to reducing the investment and operation costs. 5 refs., 2 figs., 5 tabs

Morality, Normativity, and Economic Development in Slovakia

Directory of Open Access Journals (Sweden)

David Karjanen

2015-07-01

Full Text Available This article examines debates over local economic development policies and practices in contemporary Slovakia, particularly regarding property and land development. Debates about economic development often occur in relation to economic outcomes, driven by quantitative data and empirical assessments provided by city officials or consultants. In this article, I find that such debates are more likely to be driven by normative concerns, including moral outcomes. I develop a theoretical framework to understand why policy debates occur not in purely objective terms, but the more subjective normative and moral frameworks. The analysis provides greater insight into political debates and policymaking in the postsocialist context.

A Country Report Project for an International Economics Class.

Science.gov (United States)

Abdalla, Adil E. A.

1993-01-01

Asserts that international economics textbooks pay too little attention to the complexity of issues and problems facing individual nations. Describes a country report project included as part of a college-level international or development economics course. Provides two student instruction sheets and a sample country report. (CFR)

ECONOMIC CRISIS AND ECONOMIC DISPARITIES IN EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Rodica CRUDU

2015-09-01

Full Text Available The impact of the economic and financial crisis is still being felt. It started as an acute crisis of the banking system, but then quickly affected the real economy, causing a substantial slump in business investment, household demand and output. The current economic crisis has affected almost all European countries but the countries of the European south and the former eastern socialist republics have suffered the most. The objective in this paper is to quantify economic disparities as expressed by several growth indicators, such as GDP per capita, employment/unemployment rates, labour productivity rates and use them to compare the economic performances before and after the crisis. EU took several measures to recover from the economic crisis. Nevertheless, its ability to adjust to widely diverse national and local contexts that have been impacted differently by the effects of the crisis, and to support the different patterns of economic growth that will result from it, is yet to be seen.

Economics of fusion research

Energy Technology Data Exchange (ETDEWEB)

None, None

1977-10-15

This report provides the results of a study of methods of economic analysis applied to the evaluation of fusion research. The study recognizes that a hierarchy of economic analyses of research programs exists: standard benefit-cost analysis, expected value of R and D information, and expected utility analysis. It is shown that standard benefit-cost analysis, as commonly applied to research programs, is inadequate for the evaluation of a high technology research effort such as fusion research. A methodology for performing an expected value analysis is developed and demonstrated and an overview of an approach to perform an expected utility analysis of fusion research is presented. In addition, a potential benefit of fusion research, not previously identified, is discussed and rough estimates of its magnitude are presented. This benefit deals with the effect of a fusion research program on optimal fossil fuel consumption patterns. The results of this study indicate that it is both appropriate and possible to perform an expected value analysis of fusion research in order to assess the economics of a fusion research program. The results indicate further that the major area of benefits of fusion research is likely due to the impact of a fusion research program on optimal fossil fuel consumption patterns and it is recommended that this benefit be included in future assessments of fusion research economics.

Economics of fusion research

International Nuclear Information System (INIS)

1977-01-01

This report provides the results of a study of methods of economic analysis applied to the evaluation of fusion research. The study recognizes that a hierarchy of economic analyses of research programs exists: standard benefit-cost analysis, expected value of R and D information, and expected utility analysis. It is shown that standard benefit-cost analysis, as commonly applied to research programs, is inadequate for the evaluation of a high technology research effort such as fusion research. A methodology for performing an expected value analysis is developed and demonstrated and an overview of an approach to perform an expected utility analysis of fusion research is presented. In addition, a potential benefit of fusion research, not previously identified, is discussed and rough estimates of its magnitude are presented. This benefit deals with the effect of a fusion research program on optimal fossil fuel consumption patterns. The results of this study indicate that it is both appropriate and possible to perform an expected value analysis of fusion research in order to assess the economics of a fusion research program. The results indicate further that the major area of benefits of fusion research is likely due to the impact of a fusion research program on optimal fossil fuel consumption patterns and it is recommended that this benefit be included in future assessments of fusion research economics

Perspectives on the economic risks of LWR accidents

International Nuclear Information System (INIS)

Ritchie, L.T.; Burke, R.P.

1986-01-01

Models which can be used for the analysis of the economic risks from events which may occur during LWR operation have been developed. The models include capabilities to estimate both onsite and offsite costs of LWR events ranging from routine plant forced outages to severe core-melt accidents resulting in large releases of radioactive material to the environment. The economic consequence models have been applied in studies of the economic risks from the operation of US LWR plants. The results of the analyses provide some important perspectives regarding the economic risks of LWR accidents. The analyses indicate that economic risks, in contrast to public health risks, are dominated by the onsite costs of relatively high-frequency forced outage events. Even for severe (e.g., core-melt) accidents, expected offsite costs are less than expected onsite costs for a typical US plant

Economic value evaluation in disease management programs.

Science.gov (United States)

Magnezi, Racheli; Reicher, Sima; Shani, Mordechai

2008-05-01

Chronic disease management has been a rapidly growing entity in the 21st century as a strategy for managing chronic illnesses in large populations. However, experience has shown that disease management programs have not been able to demonstrate their financial value. The objectives of disease management programs are to create quality benchmarks, such as principles and guidelines, and to establish a uniform set of metrics and a standardized methodology for evaluating them. In order to illuminate the essence of disease management and its components, as well as the complexity and the problematic nature of performing economic calculations of their profitability and value, we collected data from several reports that dealt with the economic intervention of disease management programs. The disease management economic evaluation is composed of a series of steps, including the following major categories: data/information technology, information generation, assessment/recommendations, actionable customer plans, and program assessment/reassessment. We demonstrate the elements necessary for economic analysis. Disease management is one of the most innovative tools in the managed care environment and is still in the process of being defined. Therefore, objectives should include the creation of quality measures, such as principles and guidelines, and the establishment of a uniform set of metrics and a standardized methodology for evaluating them.

Space and economics : An introduction to regional economics

NARCIS (Netherlands)

Heijman, W.J.M.; Schipper, R.A.

2010-01-01

The subject area Regional Economics is becoming more and more topical. This means that in economic analyses the production factor 'space' is of increasing importance. This study book aims to integrate space in the area of General Economics in an analytical way. Models and their applications play a

National Identity and Economic Nationalism: Can an Economic ...

African Journals Online (AJOL)

Since the demise of economic Marxism, the global environment has sought to uphold economic liberalism as the only successful theoretical position. The theoretical position of economic nationalism was relegated to obscurity on the basis that it was considered protectionist, stifled international trade and led to the creation ...

Models of Russia's Participation in Regional Economic Integration

Directory of Open Access Journals (Sweden)

Darya I. Ushkalova

2014-01-01

Full Text Available The article analyses models and mechanisms of Russia's participation in integration processes in Post-Soviet space in recent years. The article examines the model of integration of Customs Union Common Economic Space Eurasian Economic Union and particular mechanisms of its realization. It also examines key challenges to further development of integration in the frameworks of Eurasian Economic Union including exhausting of short-term and medium-term integration effects against a background of low level of economic cooperation and the lack of effective mechanism of interest coordination and decisionmaking similar to qualified majority. It concludes that deterioration of mutual trade dynamics in Customs Union is determined by fundamental factors, first of all, exhausting of medium-term integration effects which lead to extension of mutual trade immediately after Customs Union creation but do not change its qualitative characteristics in long-term outlook. The author shows an absence of significant long-term integration effects which were based on increase of domestic market capacity due to a modification of economic structure. It is founded that appearance of such long-term integration effects is possible only in the context of coalescence of national economies at the microlevel based on development of system of communications between enterprises including intrasectoral industrial cooperation. The article also analyses results of realization of Russia's strategy of interaction with states beyond Eurasian Economic Union based on open regionalism concept. The paper presents recommendation on perfection of tools of integration in and outside Eurasian Economic Union. In particular, creation of system of decentralized organizations is proposed, for the implementation of specific cooperation projects in selected areas, taking into account the multiplier effect of such a "point-aimed" action/

BEHAVIORAL ECONOMICS AND THE NEED OF PSYCHOLOGY IN ECONOMIC RESEARCH

Directory of Open Access Journals (Sweden)

Andreea GRADINARU

2014-06-01

Full Text Available The turning point in economic science has now come, marked especially by triggering the biggest crisis since the Great Depression of '29-'33, has called into question the need to reconsider the status of economic science and finding ways in which it can increase its practical foundations. In the elaboration of this study I’ve took into account the fact that beyond any abstract, formal and mathematical model, economics is a science, having the man in its center. Furthermore, every economic process is based on the human being. But the way individuals behave does not follow precisely the pattern predicted by classical and neoclassical models, but most of the time they are making decisions under the influence of psychological factors. Starting from these assumptions I considered important to highlight a real need for psychology in economic research. Therefore, the aim of this work is exclusively theoretical meant to show that the study of psychological factors is necessary in economic research, because it allows a better explanation of the economic problems and lead to obtaining results closer to reality than those who only take into consideration economic factors. In this way I appealed to behavioral economics. This represents a new trend of economic thinking that reunites psychology with economy. The thing that I observed after finishing the study is that behavioral economics can increase the explanatory power of economics by providing more realistic psychological bases, because human behavior is not only the subject matter of economics but psychology too.

High School Economics. Focus.

Science.gov (United States)

Watts, Michael; McCorkle, Sarapage; Meszaros, Bonnie; Smith, Robert F.; Highsmith, Robert J.

This book opens with an exploration of the fundamental trilogy of economics - scarcity, choice, and cost. Students then examine the broad social goals of an economy in preparation for lessons treating many topics new to the precollege level such as the stock market, public choice, and aggregate supply and demand. The set of 20 lessons include: (1)…

Strategic interactions in environmental economics

NARCIS (Netherlands)

Heijnen, Pim

2007-01-01

This thesis deals with the strategic interactions important to environmental economics. That includes a wide range of topics: environmental groups influencing or informing consumers, the reaction to taxation by car and fuel producers, the spread of an innovative tax and binary public good games.

The economic metabolism

NARCIS (Netherlands)

Heijman, W.J.M.

1998-01-01

Students in Technical and Agricultural faculties spend only a limited amount of time on general economics, environmental economics and resource economics. However, while their knowledge of economics may be limited, they often have adequate mathematical skills. The objective of The Economic

How economics can further the success of ecological restoration.

Science.gov (United States)

Iftekhar, Md Sayed; Polyakov, Maksym; Ansell, Dean; Gibson, Fiona; Kay, Geoffrey M

2017-04-01

Restoration scientists and practitioners have recently begun to include economic and social aspects in the design and investment decisions for restoration projects. With few exceptions, ecological restoration studies that include economics focus solely on evaluating costs of restoration projects. However, economic principles, tools, and instruments can be applied to a range of other factors that affect project success. We considered the relevance of applying economics to address 4 key challenges of ecological restoration: assessing social and economic benefits, estimating overall costs, project prioritization and selection, and long-term financing of restoration programs. We found it is uncommon to consider all types of benefits (such as nonmarket values) and costs (such as transaction costs) in restoration programs. Total benefit of a restoration project can be estimated using market prices and various nonmarket valuation techniques. Total cost of a project can be estimated using methods based on property or land-sale prices, such as hedonic pricing method and organizational surveys. Securing continuous (or long-term) funding is also vital to accomplishing restoration goals and can be achieved by establishing synergy with existing programs, public-private partnerships, and financing through taxation. © 2016 Society for Conservation Biology.

The relative economic progress of male foreign workers in Kuwait.

Science.gov (United States)

Al-qudsi, S S; Shah, N M

1991-01-01

"A human capital framework is utilized to examine the economic progress of nine nationality groups of foreign workers [in Kuwait] using data from the 1983 national Labor Survey. The sources of earnings' variations of particular interest to us included different degrees of education and experience transferability, occupational affiliation and ethnic background. In general, the results derived from the analysis suggest that 1) foreign workers achieve a discernible economic progress as their residence lengthens; 2) the rate of economic progress varies depending on worker's education, home and Kuwait-specific experience, occupational status and ethnic background; and 3) about one third of the earnings inequality is due to unexplained factors including discrimination." excerpt

Macroenvironmental factors including GDP per capita and physical activity in Europe.

Science.gov (United States)

Cameron, Adrian J; Van Stralen, Maartje M; Kunst, Anton E; Te Velde, Saskia J; Van Lenthe, Frank J; Salmon, Jo; Brug, Johannes

2013-02-01

Socioeconomic inequalities in physical activity at the individual level are well reported. Whether inequalities in economic development and other macroenvironmental variables between countries are also related to physical activity at the country level is comparatively unstudied. We examined the relationship between country-level data on macroenvironmental factors (gross domestic product (GDP) per capita, public sector expenditure on health, percentage living in urban areas, and cars per 1000 population) with country-level physical activity prevalence obtained from previous pan-European studies. Studies that assessed leisuretime physical activity (n = 3 studies including 27 countries in adults, n = 2 studies including 28 countries in children) and total physical activity (n = 3 studies in adults including 16 countries) were analyzed separately as were studies among adults and children. Strong and consistent positive correlations were observed between country prevalence of leisure-time physical activity and country GDP per capita in adults (average r = 0.70; all studies, P G 0.05). In multivariate analysis, country prevalence of leisure-time physical activity among adults remained associated with country GDP per capita (two of three studies) but not urbanization or educational attainment. Among school-age populations, no association was found between country GDP per capita and country prevalence of leisure-time physical activity. In those studies that assessed total physical activity (which also includes occupational and transport physical activity), no association with country GDP per capita was observed. Clear differences in national leisure-time physical activity levels throughout Europe may be a consequence of economic development. Lack of economic development of some countries in Europe may make increasing leisure-time physical activity more difficult. Further examination of the link between country GDP per capita and national physical activity levels (across

Water Conservation and Economic Incentives

Science.gov (United States)

Narayanan, M.

2016-12-01

Water has played a vital role in the progress of human civilization throughout history. Both agriculture based economics as well as industry based economics totally rely upon water for survival and prosperity. Water could be a limiting factor in dictating day-to-day human activities and as such one should learn to live within the limits of available natural resources. Most of the water on this earth is either salty or undrinkable. Only one percent of world's water is available for all the needs of human civilization. This includes human personal household needs, community activities, agriculture, industry, plant and animal life sustenance. The supply of usable fresh water is finite and the per capita consumption of fresh water needs to be reduced in particularly in some selected regions of this world. The United States consumes about 450 billion gallons of water every day. The U.S. daily average of water pumped by public water supply systems is 185 gallons per person. The biggest water gobbler in a household is the lawn. Typically, at least 50% of water consumed by households is used outdoors. Even inside a house, bathroom facilities claim nearly 75% of the water used. Here is a short list of economic Incentives that may help water conservation. (1) Providing rebates, refunds or other economic incentives to those consumers that are willing to change to modern technological methods. Examples include, but not limited to energy efficient washing machines, low-flush toilets and improved shower head designs. (2) Communities should provide economic incentives to limit the type and size of landscaping. (3) Need, necessity and nature of outdoor water use could be restricted whenever possible. (4) Sprinkler ban may be deemed appropriate in extreme cases. (5) Set up hotlines that can help penalize those that ignore water conservation guidelines. (6) Incorporating water conservation monitors. References: http://www.nrdc.org/water/http://www.ecy.wa.gov/programs/wr/ws/wtrcnsv.htmlhttp://www.sscwd.org/tips.html

Understading neoliberal politics by the mediation of institutional economics

OpenAIRE

Akansel, İlkben

2014-01-01

Neoliberalism, which cannot be described by a certain rule, includes a wide range of perspective. Therefore, it is a highly effective notion in terms of economics and politics. This efficiency has a mutual meaning in socio-cultural area. However, it is obvious that the most effective area of neoliberal politics is economics, because intended efficiency in politics and socio-cultural levels are provided through applicable economics politics. Although it has some certain notions derived from al...

Perspectives of economics – behavioural economics

Directory of Open Access Journals (Sweden)

Paula-Elena DIACON

2013-07-01

Full Text Available The present turning point, accentuated by the crisis, has revitalized the interdisciplinary study of economics and determined the reconsideration of its fundamental bases as a social science. The economists have abandoned the traditional neoclassical sphere and have directed towards understanding the behaviour resorting to psychology and developing in this manner a new field - behavioural economics. This article examines whether this economic sub-discipline is a viable research direction and the extent to which it may increase the explanatory power of science by providing a realistic database for analysis, taking into account the complexity of the human factor.

Economic aspects of advanced energy technologies

International Nuclear Information System (INIS)

Ramakumar, R.; Rodriguez, A.P.; Venkata, S.S.

1993-01-01

Advanced energy technologies span a wide variety of resources, techniques, and end-user requirements. Economic considerations are major factors that shape their harnessing and utilization. A discussion of the basic factors in the economic arena is presented, with particular emphasis on renewable energy technologies--photovoltaics, solar-thermal, wind-electric conversion, biomass utilization, hydro, and tidal and wave energy systems. The following are essential to determine appropriate energy system topologies: proper resource-need matching with an eye on the quality of energy requirements, integrated use of several resources and technologies, and a comprehensive consideration which includes prospecting, collection, conversion, transportation, distribution, storage and reconversion, end use, and subsequent waste management aspects. A few case studies are included to apprise the reader of the status of some of the key technologies and systems

Dollars from Sense: The Economic Benefits of Renewable Energy

Science.gov (United States)

1997-09-01

This document illustrates direct economic benefits, including job creation, of renewable energy technologies. Examples of electricity generation from biomass, wind power, photovoltaics, solar thermal energy, and geothermal energy are given, with emphasis on the impact of individual projects on the state and local community. Employment numbers at existing facilities are provided, including total national employment for each renewable industry where available. Renewable energy technologies offer economic advantages because they are more labor-intensive than conventional generation technologies, and they use primarily indigenous resources.

Electricity exports: Discussion of provincial economic benefits and costs

International Nuclear Information System (INIS)

1993-01-01

A review was conducted by the British Columbia Energy Council to assess the economic and social impacts of the export of long-term firm electricity to the USA and the distribution of these impacts. The objectives of, and the differences between, benefit-cost and socio-economic impact analysis are discussed as they apply to potential electricity export projects. Provincial export project review requirements (project justification, environmental impacts, socio-economic impact assessment) and proposed legislative changes are first reviewed. The concepts and objectives of value added, economic rent, opportunity costs, economic (benefit-cost) analysis, and socio-economic impact analysis are explained. Employment issues including unemployed labor, employment benefits, and regional and occupational considerations are then discussed, as well as transfers to various levels of government in the form of taxes, subsidies, resource royalties, and depletion costs. 8 refs., 4 tabs

Rwanda Economic Update, No. 6 : Unearthing the Subsoil

OpenAIRE

World Bank Group

2014-01-01

The Rwanda economic update reports on and synthesizes recent economic developments and places them in a medium-term and global context. It analyzes the implications of these developments and policies for the outlook of Rwanda s economy. These reports attempt to make an analytical contribution to the implementation of Rwanda s national development strategy. Each edition of the report includ...

The Budget and Economic Outlook: 2015 to 2025

Science.gov (United States)

2015-01-01

Economic Indicators Sources: Congressional Budget Office; Bureau of Economic Analysis; Bureau of Labor Statistics; Federal Reserve . Notes: Real gross ...Health Care Fund (including TRICARE for Life). a. Gross spending, excluding the effects of Medicare premiums and other offsetting receipts. (Net Medicare...the gov- ernment from premiums paid by Medicare beneficiaries or from other offsetting receipts.) Under current law, CBO estimates, gross federal

Problems of social and economic growth in the Kyrgyz Republic

Directory of Open Access Journals (Sweden)

Guseva Valentina Ivanovna

2016-04-01

Full Text Available In the article author explores the indirect influence of non-economic factors on the growth dynamics of the volume of GDP, including shows the effect of social problems on economic growth. It is proved that the existence of social problems have a negative impact on the pace of the economic dynamics of the country, due to the mutual dependence of key economic and non-economic factors of growth. On the one hand, the level of income of the population affects the purchasing power, which leads to the increase of the acceleration in economic growth. On the other hand, high levels of poverty and a deepening income inequality dictate political and social instability in society, which negatively affects the dynamics of economic growth. It was revealed that the feature of economic growth in the transitional economy is the negative impact of inflation and unemployment rates of economic dynamics, despite the fact that in most Western models, they are not considered as limiting growth factors.

Innovative economic structures – support for development of urban systems

Directory of Open Access Journals (Sweden)

Florin Marian Buhociu

2013-12-01

Full Text Available Training and development of urban systems (US is a main direction of territorial and regional development which requires multiple studies, including those of economic background. They should aim to highlight, on the one hand, the economic potential of geographical areas making up the urban system and secondly to assess development trends you need to focus their own resources and those that are to be attracted to getting a economic trend upward in that area. It is therefore very important a zonal configuration of the urban system by following the joint capitalization of existing human and material resources, including by building synergy effect to be achieved following the joint evolution of settlements in the US. Along with the development of US is required, from the economical point of view, to implement new forms of economic structures to directly potentate the development of the area through constant cooperation, innovation and transfer of know-how. Romania currently has seven major urban centers that were selected and were assigned the role of growth poles. There were also 13 designated urban growth poles, including Galati and Braila. Urban agglomeration formed by the two municipalities, located at a distance from each other of about 25 km, is the second largest in the country after Bucharest. There is currently underway specialized documentation to achieve an optimal configuration for US Galati-Braila. From the economic point of view in the respective area can be implemented new development structures of cluster (Porter, M.E.,2000 type aimed at achieving the competitiveness poles and which will constitute the true engine of economic development. These two new structures of economic development are characterized by the fact that they allow and provide the necessary conditions to attract the systems and modern technologies to build local innovation systems that can be integrated into similar systems at regional and even national level. It is

Cooperation, social capital and economic performance

Directory of Open Access Journals (Sweden)

Marcos Fernandes Gonçalves da Silva

2006-09-01

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

Economic solvency in the context of violence against women: a concept analysis.

Science.gov (United States)

Gilroy, Heidi; Symes, Lene; McFarlane, Judith

2015-03-01

The aim of this concept analysis is to define economic solvency in the context of violence against women. Poverty, or lack of resources, is often discussed as a risk factor for intimate partner violence. The concept of economic solvency, which may be a protective factor for women, is less often discussed and not well defined. Databases searched for the analysis included EBSCOhost, CINAHL, PubMed and Gender Watch. The Rodgers evolutionary method was used to perform the concept analysis. A total of 134 articles were retrieved, using the specified search terms 'economic solvency and women', 'economic self-reliance and women' and 'economic self-sufficiency and women'. Articles were included if they were peer reviewed, contained the keywords with sufficient context to determine the author's intended meaning, and focused on women only or contrasted men to women. Thirty-five articles were used in the concept analysis. The definition of economic solvency drawn from the concept analysis is: a long-term state that occurs when there is societal structure that supports gender equity and external resources are available and can be used by a woman who has necessary human capital, sustainable employment and independence. Just as poverty and violence are cyclical, so are economic solvency and empowerment of women. To decrease women's risk of intimate partner violence around the world and further improve the status of women, we recommend continued research on economic solvency, including the individual, family, community and societal resources required to obtain economic solvency and the human capital characteristics needed for sustainability. © 2014 John Wiley & Sons Ltd.

Structural modelling of economic growth: Technological changes

Directory of Open Access Journals (Sweden)

Sukharev Oleg

2016-01-01

Full Text Available Neoclassical and Keynesian theories of economic growth assume the use of Cobb-Douglas modified functions and other aggregate econometric approaches to growth dynamics modelling. In that case explanations of economic growth are based on the logic of the used mathematical ratios often including the ideas about aggregated values change and factors change a priori. The idea of assessment of factor productivity is the fundamental one among modern theories of economic growth. Nevertheless, structural parameters of economic system, institutions and technological changes are practically not considered within known approaches, though the latter is reflected in the changing parameters of production function. At the same time, on the one hand, the ratio of structural elements determines the future value of the total productivity of the factors and, on the other hand, strongly influences the rate of economic growth and its mode of innovative dynamics. To put structural parameters of economic system into growth models with the possibility of assessment of such modes under conditions of interaction of new and old combinations is an essential step in the development of the theory of economic growth/development. It allows forming stimulation policy of economic growth proceeding from the structural ratios and relations recognized for this economic system. It is most convenient in such models to use logistic functions demonstrating the resource change for old and new combination within the economic system. The result of economy development depends on starting conditions, and on institutional parameters of velocity change of resource borrowing in favour of a new combination and creation of its own resource. Model registration of the resource is carried out through the idea of investments into new and old combinations.

The Great Books and Economics.

Science.gov (United States)

Hartley, James E.

2001-01-01

Describes an introductory economics course in which all of the reading material is drawn from the Great Books of Western Civilization. Explains the rationale and mechanics of the course. Includes an annotated course syllabus that details how the reading material relates to the lecture material. (RLH)

Trajectories of Work Disability and Economic Insecurity Approaching Retirement.

Science.gov (United States)

Shuey, Kim M; Willson, Andrea E

2017-07-08

In this article, we examine the connection between trajectories of work disability and economic precarity in late midlife. We conceptualize work disability as a possible mechanism linking early and later life economic disadvantage. We model trajectories of work disability characterized by timing and stability for a cohort of Baby Boomers (22-32 in 1981) using 32 years of data from the Panel Study of Income Dynamics and latent class analysis. Measures of childhood disadvantage are included as predictors of work disability trajectories, which are subsequently included in logistic regression models predicting four economic outcomes (poverty, asset poverty, home ownership, and pension ownership) at ages 54-64. Childhood disadvantage selected individuals into five distinct classes of work disability that differed in timing and stability. All of the disability trajectories were associated with an increased risk of economic insecurity in late midlife compared to the never work disabled. This study contributes to the aging literature through its incorporation of the early life origins of pathways of disability and their links to economic outcomes approaching retirement. Findings suggest work disability is anchored in early life disadvantage and is associated with economic insecurity later in life. © The Author 2017. Published by Oxford University Press on behalf of The Gerontological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

Economic Development

Science.gov (United States)

Recruitment Events Community Commitment Giving Campaigns, Drives Economic Development Employee Funded : Environmental Documents, Reports LANL Home Calendar Search Contacts Community » Economic Development LANL 75th logo Economic Development Los Alamos National Laboratory is committed to investing and partnering in

Reconstructing Economics in Light of the 2007-? Financial Crisis

Science.gov (United States)

Friedman, Benjamin M.

2010-01-01

The lessons learned from the recent financial crisis should significantly reshape the economics profession's thinking, including, importantly, what we teach our students. Five such lessons are that we live in a monetary economy and therefore aggregate demand and policies that affect aggregate demand are determinants of real economic outcomes; that…

Health and economic benefits of reducing sugar intake in the USA, including effects via non-alcoholic fatty liver disease: a microsimulation model.

Science.gov (United States)

Vreman, Rick A; Goodell, Alex J; Rodriguez, Luis A; Porco, Travis C; Lustig, Robert H; Kahn, James G

2017-08-03

Excessive consumption of added sugars in the human diet has been associated with obesity, type 2 diabetes (T2D), coronary heart disease (CHD) and other elements of the metabolic syndrome. Recent studies have shown that non-alcoholic fatty liver disease (NAFLD) is a critical pathway to metabolic syndrome. This model assesses the health and economic benefits of interventions aimed at reducing intake of added sugars. Using data from US National Health Surveys and current literature, we simulated an open cohort, for the period 2015-2035. We constructed a microsimulation model with Markov chains for NAFLD (including steatosis, non-alcoholic steatohepatitis (NASH), cirrhosis and hepatocellular carcinoma (HCC)), body mass index, T2D and CHD. We assessed reductions in population disease prevalence, disease-attributable disability-adjusted life years (DALYs) and costs, with interventions that reduce added sugars consumption by either 20% or 50%. The model estimated that a 20% reduction in added sugars intake will reduce prevalence of hepatic steatosis, NASH, cirrhosis, HCC, obesity, T2D and CHD. Incidence of T2D and CHD would be expected to decrease by 19.9 (95% CI 12.8 to 27.0) and 9.4 (95% CI 3.1 to 15.8) cases per 100 000 people after 20 years, respectively. A 20% reduction in consumption is also projected to annually avert 0.767 million (M) DALYs (95% CI 0.757M to 0.777M) and a total of US$10.3 billion (B) (95% CI 10.2B to 10.4B) in discounted direct medical costs by 2035. These effects increased proportionally when added sugars intake were reduced by 50%. The decrease in incidence and prevalence of disease is similar to results in other models, but averted costs and DALYs were higher, mainly due to inclusion of NAFLD and CHD. The model suggests that efforts to reduce consumption of added sugars may result in significant public health and economic benefits. © Article author(s) (or their employer(s) unless otherwise stated in the text of the article) 2017. All

Electricity economics. Production functions with electricity

Energy Technology Data Exchange (ETDEWEB)

Hu, Zhaoguang [State Grid Energy Research Institute, Beijing (China); Hu, Zheng [Delaware Univ., Newark, DE (United States)

2013-07-01

The first book studies on the economics of electricity consumption. Compares the sector production functions with electricity and the commercial production functions with electricity. Introduces the global E-GDP function, the European E-GDP function and 12 national E-GDP functions. Presents the gene characters of EAI production functions and E-GDP functions for USA to see why USA's economy is entering an up-industrialization period. Discusses China's economic growth by production functions with electricity. Electricity Economics: Production Functions with Electricity studies the production output from analyzing patterns of electricity consumption. Since electricity data can be used to measure scenarios of economic performance due to its accuracy and reliability, it could therefore also be used to help scholars explore new research frontiers that directly and indirectly benefits human society. Our research initially explores a similar pattern to substitute the Cobb-Douglas function with the production function with electricity to track and forecast economic activities. The book systematically introduces the theoretical frameworks and mathematical models of economics from the perspective of electricity consumption. The E-GDP functions are presented for case studies of more than 20 developed and developing countries. These functions also demonstrate substantial similarities between human DNA and production functions with electricity in terms of four major characteristics, namely replication, mutation, uniqueness, and evolution. Furthermore, the book includes extensive data and case studies on the U.S., China, Japan, etc. It is intended for scientists, engineers, financial professionals, policy makers, consultants, and anyone else with a desire to study electricity economics as well as related applications.

Electricity economics. Production functions with electricity

International Nuclear Information System (INIS)

Hu, Zhaoguang; Hu, Zheng

2013-01-01

The first book studies on the economics of electricity consumption. Compares the sector production functions with electricity and the commercial production functions with electricity. Introduces the global E-GDP function, the European E-GDP function and 12 national E-GDP functions. Presents the gene characters of EAI production functions and E-GDP functions for USA to see why USA's economy is entering an up-industrialization period. Discusses China's economic growth by production functions with electricity. Electricity Economics: Production Functions with Electricity studies the production output from analyzing patterns of electricity consumption. Since electricity data can be used to measure scenarios of economic performance due to its accuracy and reliability, it could therefore also be used to help scholars explore new research frontiers that directly and indirectly benefits human society. Our research initially explores a similar pattern to substitute the Cobb-Douglas function with the production function with electricity to track and forecast economic activities. The book systematically introduces the theoretical frameworks and mathematical models of economics from the perspective of electricity consumption. The E-GDP functions are presented for case studies of more than 20 developed and developing countries. These functions also demonstrate substantial similarities between human DNA and production functions with electricity in terms of four major characteristics, namely replication, mutation, uniqueness, and evolution. Furthermore, the book includes extensive data and case studies on the U.S., China, Japan, etc. It is intended for scientists, engineers, financial professionals, policy makers, consultants, and anyone else with a desire to study electricity economics as well as related applications.

Market economic systems

OpenAIRE

Pryor, Frederic L.

2004-01-01

The new comparative economics has focused on individual institutions, rather than the economic system as a whole. This essay argues that economic systems should be defined in terms of clusters of complementary or covarying institutions. A cluster analysis of OECD countries using data on forty different economic institutions shows that four economic systems characterize these nations. Further, these systems have no significant impact on economic growth or inflation, but they do have an importa...

TU-D-201-01: 2016 Economics Update

International Nuclear Information System (INIS)

Fontenot, J; Fuss, W

2016-01-01

The purpose of this session is to introduce attendees to the healthcare reimbursement system and how it applies to the clinical work of a medical physicist. This will include general information about the different categories of payers and payees, how work is described by CPT codes, and how various payers set values for this work in different clinical settings. 2016 is another year of significant changes to the payment system. This presentation will describe the work encompassed in these codes and will give attendees an overview of the changes for 2016 as they apply to radiation oncology. Finally, some insight into what can be expected during 2017 will be presented. This includes what information is typically released by the Centers for Medicaid and Medicare Services (CMS) during the year and how we as an organization respond. This will include ways members can interact with the AAPM professional economics committee and other resources members may find helpful. Learning objectives1) Basics of how Medicare is structured and how reimbursement rates are set.2) Basic understanding of proposed changes to the 2016 Medicare rules.3) Describe economics and policy resources that are available from the AAPM and how to interact with the professional economics committee.

TU-D-201-01: 2016 Economics Update

Energy Technology Data Exchange (ETDEWEB)

Fontenot, J [Mary Bird Perkins Cancer Center, Baton Rouge, LA (United States); Fuss, W [Health Policy Solutions, Delray Beach, FL (United States)

2016-06-15

The purpose of this session is to introduce attendees to the healthcare reimbursement system and how it applies to the clinical work of a medical physicist. This will include general information about the different categories of payers and payees, how work is described by CPT codes, and how various payers set values for this work in different clinical settings. 2016 is another year of significant changes to the payment system. This presentation will describe the work encompassed in these codes and will give attendees an overview of the changes for 2016 as they apply to radiation oncology. Finally, some insight into what can be expected during 2017 will be presented. This includes what information is typically released by the Centers for Medicaid and Medicare Services (CMS) during the year and how we as an organization respond. This will include ways members can interact with the AAPM professional economics committee and other resources members may find helpful. Learning objectives1) Basics of how Medicare is structured and how reimbursement rates are set.2) Basic understanding of proposed changes to the 2016 Medicare rules.3) Describe economics and policy resources that are available from the AAPM and how to interact with the professional economics committee.

Statistical Physics of Economic Systems: a Survey for Open Economies

Science.gov (United States)

Tao, Yong; Chen, Xun

2012-05-01

We extend the theoretical framework of an independent economy developed by Tao [Phys. Rev. E 82 (2010) 036118] so as to include multiple economies. Since the starting point of our framework is on the basis of the theory of the competitive markets of traditional economics, this framework shall be suitable for any free market. Our study shows that integration of world economies can decrease trade friction among economic systems, but may also cause a global economic crisis whenever economy disequilibrium occurs in any one of these economic systems.

Social and economic value of Portuguese community pharmacies in health care.

Science.gov (United States)

Félix, Jorge; Ferreira, Diana; Afonso-Silva, Marta; Gomes, Marta Vargas; Ferreira, César; Vandewalle, Björn; Marques, Sara; Mota, Melina; Costa, Suzete; Cary, Maria; Teixeira, Inês; Paulino, Ema; Macedo, Bruno; Barbosa, Carlos Maurício

2017-08-29

Community pharmacies are major contributors to health care systems across the world. Several studies have been conducted to evaluate community pharmacies services in health care. The purpose of this study was to estimate the social and economic benefits of current and potential future community pharmacies services provided by pharmacists in health care in Portugal. The social and economic value of community pharmacies services was estimated through a decision-model. Model inputs included effectiveness data, quality of life (QoL) and health resource consumption, obtained though literature review and adapted to Portuguese reality by an expert panel. The estimated economic value was the result of non-remunerated pharmaceutical services plus health resource consumption potentially avoided. Social and economic value of community pharmacies services derives from the comparison of two scenarios: "with service" versus "without service". It is estimated that current community pharmacies services in Portugal provide a gain in QoL of 8.3% and an economic value of 879.6 million euros (M€), including 342.1 M€ in non-remunerated pharmaceutical services and 448.1 M€ in avoided expense with health resource consumption. Potential future community pharmacies services may provide an additional increase of 6.9% in QoL and be associated with an economic value of 144.8 M€: 120.3 M€ in non-remunerated services and 24.5 M€ in potential savings with health resource consumption. Community pharmacies services provide considerable benefit in QoL and economic value. An increase range of services including a greater integration in primary and secondary care, among other transversal services, may add further social and economic value to the society.

Exploring the economic significance of small and medium enterprises

Directory of Open Access Journals (Sweden)

Ashenafi Beyene Fanta

2015-01-01

Full Text Available This paper aims at providing a detailed account of economic significance of small and medium enterprises by drawing on the extant body of empirical literature. It has been noted that studies on the link between SME development and economic growth are inconclusive. While modeling growth in the SME sector and its impact on economic development is a matter of ongoing scientific investigation, we emphasized on the most conspicuous economic benefits of SMEs that includes, among others, job creation, contribution to national output, reducing income inequality and poverty. We believe this may help researchers frame their future investigations in line with the benefits discussed in the paper.

Economic Developments on Perceived Safety, Violence, and Economic Benefits

Directory of Open Access Journals (Sweden)

Anthony Fabio

2015-01-01

Full Text Available Background. Emerging research highlights the promise of community- and policy-level strategies in preventing youth violence. Large-scale economic developments, such as sports and entertainment arenas and casinos, may improve the living conditions, economics, public health, and overall wellbeing of area residents and may influence rates of violence within communities. Objective. To assess the effect of community economic development efforts on neighborhood residents’ perceptions on violence, safety, and economic benefits. Methods. Telephone survey in 2011 using a listed sample of randomly selected numbers in six Pittsburgh neighborhoods. Descriptive analyses examined measures of perceived violence and safety and economic benefit. Responses were compared across neighborhoods using chi-square tests for multiple comparisons. Survey results were compared to census and police data. Results. Residents in neighborhoods with the large-scale economic developments reported more casino-specific and arena-specific economic benefits. However, 42% of participants in the neighborhood with the entertainment arena felt there was an increase in crime, and 29% of respondents from the neighborhood with the casino felt there was an increase. In contrast, crime decreased in both neighborhoods. Conclusions. Large-scale economic developments have a direct influence on the perception of violence, despite actual violence rates.

Longitudinal relationship between economic development and occupational accidents in China.

Science.gov (United States)

Song, Li; He, Xueqiu; Li, Chengwu

2011-01-01

The relativity between economic development and occupational accidents is a debated topic. Compared with the development courses of both economic development and occupational accidents in China during 1953-2008, this paper used statistic methods such as Granger causality test, cointegration test and impulse response function based on the vector autoregression model to investigate the relativity between economic development and occupational accidents in China from 1953 to 2008. Owing to fluctuation and growth scale characteristics of economic development, two dimensions including economic cycle and economic scale were divided. Results showed that there was no relationship between occupational accidents and economic scale during 1953-1978. Fatality rate per 10(5) workers was a conductive variable to gross domestic product per capita during 1979-2008. And economic cycle was an indicator to occupational accidents during 1979-2008. Variation of economic speed had important influence on occupational accidents in short term. Thus it is necessary to adjust Chinese occupational safety policy according to tempo variation of economic growth. Crown Copyright © 2010. Published by Elsevier Ltd. All rights reserved.

Frontiers in economic research on petroleum allocation using mathematical programming methods

International Nuclear Information System (INIS)

Rowse, J.

1991-01-01

This paper presents a state of the art of operations research techniques applied in petroleum allocation, namely mathematical programming methods, with principal attention directed toward linear programming and nonlinear programming (including quadratic programming). Contributions to the economics of petroleum allocation are discussed for international trade, industrial organization, regional/macro economics, public finance and natural resource/environmental economics

Review of capital investment in economic growth cycle

Science.gov (United States)

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

2016-11-01

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

The early history of modern ecological economics

DEFF Research Database (Denmark)

Røpke, Inge

2004-01-01

This paper provides a historical perspective for the discussion on ecological economics as a special field of research. By studying the historical background of ecological economics, the present discussions and tensions inside the field might become easier to understand and to relate to. The study...... is inspired by other studies of the emergence of new research areas done by sociologists and historians of science, and includes both cognitive and social aspects, macro trends and the role of individuals. The basis for the paper is a combination of literature studies and interviews with key researchers from...... the field. The story opens with the emergence of the new environmental agenda in the 1960s, which was influenced by the scientific development in biology and ecology. Then it is outlined how the environmental challenge was met by economics in the 1960s. Around 1970 the basic ideas of ecological economics...

The economics of producing biodiesel from algae

Energy Technology Data Exchange (ETDEWEB)

Gallagher, Brian J. [Ecotonics Environmental Scientists, 1801 Century Park East, Suite 2400, Los Angeles, CA 90067 (United States)

2011-01-15

Biodiesel is an alternative fuel for conventional diesel that is made from natural plant oils, animal fats, and waste cooking oils. This paper discusses the economics of producing biodiesel fuel from algae grown in open ponds. There is potential for large-scale production of biodiesel from algal farms on non-arable land; however, previous studies have failed to demonstrate an economically viable process that could be scalable to a commercialized industry. The problems include inconsistent and insufficient algal productivities, uncertain capital and operating costs, volatile market prices and unknown levels of government support. Although intensive work is being done on many technological issues, the economic studies and data are incomplete and out of date. This paper presents an updated financial analysis of the production and economic conditions that could have a profound effect on the success of this important alternative fuel production process. (author)

The economics of producing biodiesel from algae

International Nuclear Information System (INIS)

Gallagher, Brian J.

2011-01-01

Biodiesel is an alternative fuel for conventional diesel that is made from natural plant oils, animal fats, and waste cooking oils. This paper discusses the economics of producing biodiesel fuel from algae grown in open ponds. There is potential for large-scale production of biodiesel from algal farms on non-arable land; however, previous studies have failed to demonstrate an economically viable process that could be scalable to a commercialized industry. The problems include inconsistent and insufficient algal productivities, uncertain capital and operating costs, volatile market prices and unknown levels of government support. Although intensive work is being done on many technological issues, the economic studies and data are incomplete and out of date. This paper presents an updated financial analysis of the production and economic conditions that could have a profound effect on the success of this important alternative fuel production process. (author)

Agent-based modeling in ecological economics.

Science.gov (United States)

Heckbert, Scott; Baynes, Tim; Reeson, Andrew

2010-01-01

Interconnected social and environmental systems are the domain of ecological economics, and models can be used to explore feedbacks and adaptations inherent in these systems. Agent-based modeling (ABM) represents autonomous entities, each with dynamic behavior and heterogeneous characteristics. Agents interact with each other and their environment, resulting in emergent outcomes at the macroscale that can be used to quantitatively analyze complex systems. ABM is contributing to research questions in ecological economics in the areas of natural resource management and land-use change, urban systems modeling, market dynamics, changes in consumer attitudes, innovation, and diffusion of technology and management practices, commons dilemmas and self-governance, and psychological aspects to human decision making and behavior change. Frontiers for ABM research in ecological economics involve advancing the empirical calibration and validation of models through mixed methods, including surveys, interviews, participatory modeling, and, notably, experimental economics to test specific decision-making hypotheses. Linking ABM with other modeling techniques at the level of emergent properties will further advance efforts to understand dynamics of social-environmental systems.

Entropy and Economics

Directory of Open Access Journals (Sweden)

John Scales Avery

2012-04-01

Full Text Available In this essay, human society is regarded as a “superorganism”, analogous to colonies of social insects. The digestive system of the human superorganism is the global economy, which ingests both free energy and resources, and later excretes them in a degraded form. This process involves an increase in entropy. Early in the 20th century, both Frederick Soddy and Nicholas Georgescu-Roegen discussed the relationship between entropy and economics. Soddy called for an index system to regulate the money supply and a reform of the fractional reserve banking system, while Georgescu-Roegen pointed to the need for Ecological Economics, a steady-state economy, and population stabilization. As we reach the end of the fossil fuel era and as industrial growth falters, massive unemployment can only be avoided by responsible governmental action. The necessary steps include shifting labor to projects needed for a sustainable economy, dividing the available work fairly among those seeking employment, and reforming the practices of the financial sector.

Walter Isard's Contributions to Environmental Economics and Ecological Economics

NARCIS (Netherlands)

Rose, Adam; Folmer, Henk; Nijkamp, Peter

This article summarizes Walter Isard's important contributions to environmental economics and ecological economics. The former is the traditional field that incorporates some limited aspects of the environment into neoclassical economic theory, while the latter is a more comprehensive integration of

Economic impacts of Medicaid in North Carolina.

Science.gov (United States)

Dumas, Christopher; Hall, William; Garrett, Patricia

2008-01-01

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

Economic Hardship and Depression Among Women in Latino Farmworker Families.

Science.gov (United States)

Pulgar, Camila A; Trejo, Grisel; Suerken, Cynthia; Ip, Edward H; Arcury, Thomas A; Quandt, Sara A

2016-06-01

Farmworker family members risk poor mental health due to stressors including poverty, relocation, and documentation status. This paper explores the relationship between farm-work related stressors and depressive symptoms in women of Latino farmworker families. 248 mothers of young children completed fixed-response interviews in Spanish. Measures included the Center for Epidemiologic Studies-Depression Scale, Migrant Farmworker Stress Inventory, and USDA Household Food Security Survey Module. Bivariate analyses indicated greater depressive symptoms with more economic hardship, more farm work-related stressors, greater age, and being unmarried. In multivariable logistic regression, economic hardship remained the only factor associated with depressive symptoms. Greater economic hardship, but not general farm work-related stress, is a main factor associated with depression in women of Latino farmworker families. Maternal depression can have consequences for both mothers and families. Mental health services for women in farmworker families should be targeted to those with the greatest economic challenges.

The economic impact of workplace wellness programmes in Canada.

Science.gov (United States)

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

2017-08-01

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

The relationship between animal welfare and economic performance at farm level

DEFF Research Database (Denmark)

Henningsen, Arne; Czekaj, Tomasz Gerard; Forkman, Björn

We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique data set of randomly sampled Danish pig herds that includes information from unannounced inspections of the co......We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique data set of randomly sampled Danish pig herds that includes information from unannounced inspections...... of the compliance with the animal welfare legislation. We find large variations in economic performance indicators and animal welfare indicators. The relationship between these two indicators is rather weak, but tends to be slightly positive. We conclude that management has a major influence on both economic...... performance and animal welfare so that good farm managers are able to obey all animal welfare regulations and, at the same time, achieve a high economic performance....

Institutional economics and economic organisation theory: An integrated approach

NARCIS (Netherlands)

Slangen, L.H.G.; Loucks, L.A.; Slangen, A.H.L.

2008-01-01

This publication presents one of the first attempts to integrate two emerging bodies of economic research: institutional economics and organizational theory. It begins within the framework of neoclassical economics, and then extends the boundaries of this framework to offer answers to questions that

Institutional economics and economic organisation theory : an integrated approach

NARCIS (Netherlands)

Slangen, L.H.G.; Loucks, L.; Slangen, A.H.L.

2008-01-01

This publication presents one of the first attempts to integrate two emerging bodies of economic research: institutional economics and organizational theory. It begins within the framework of neoclassical economics, and then extends the boundaries of this framework to offer answers to questions that

ECONOMIC AND FINANCIAL ANALYSIS OF THE BUILDINGS REHABILITATION SOLUTIONS

Directory of Open Access Journals (Sweden)

STAN IVAN F.E.

2016-07-01

Full Text Available The paper includes a simplified economical and financial analysis of the buildings rehabilitation solutions, for heating and lighting. The most important economic and financial indicators analyzed and determined are: economic return on investment and payback period of investment in dynamic form, net present value, and internal rate of return economic residual value of the investment on thermal insulation, building maintenance costs, energy costs. In order to reduce the electricity consumption: the methods consisted in replacing inefficient lighting with some efficient energy and for heat consumption: the proposed solution was building rehabilitation (exterior wall insulation, floor insulation board. The analysis consists in determining the economical and financial indicators before and after the building rehabilitation. The 3 rooms apartment is located in Craiova town, (wind zone IV, 2nd floor, orientation is S.

Economic Analysis of Social Common Capital

Science.gov (United States)

Uzawa, Hirofumi

2005-06-01

Social common capital provides members of society with those services and institutional arrangements that are crucial in maintaining human and cultural life. The term æsocial common capital' is comprised of three categories: natural capital, social infrastructure, and institutional capital. Natural capital consists of all natural environment and natural resources including the earth's atmosphere. Social infrastructure consists of roads, bridges, public transportation systems, electricity, and other public utilities. Institutional capital includes hospitals, educational institutions, judicial and police systems, public administrative services, financial and monetary institutions, and cultural capital. This book attempts to modify and extend the theoretical premises of orthodox economic theory to make them broad enough to analyze the economic implications of social common capital. It further aims to find the institutional arrangements and policy measures that will bring about the optimal state of affairs.

Economics of Managed Aquifer Recharge

Directory of Open Access Journals (Sweden)

Robert G. Maliva

2014-05-01

Full Text Available Managed aquifer recharge (MAR technologies can provide a variety of water resources management benefits by increasing the volume of stored water and improving water quality through natural aquifer treatment processes. Implementation of MAR is often hampered by the absence of a clear economic case for the investment to construct and operate the systems. Economic feasibility can be evaluated using cost benefit analysis (CBA, with the challenge of monetizing benefits. The value of water stored or treated by MAR systems can be evaluated by direct and indirect measures of willingness to pay including market price, alternative cost, value marginal product, damage cost avoided, and contingent value methods. CBAs need to incorporate potential risks and uncertainties, such as failure to meet performance objectives. MAR projects involving high value uses, such as potable supply, tend to be economically feasible provided that local hydrogeologic conditions are favorable. They need to have low construction and operational costs for lesser value uses, such as some irrigation. Such systems should therefore be financed by project beneficiaries, but dichotomies may exist between beneficiaries and payers. Hence, MAR projects in developing countries may be economically viable, but external support is often required because of limited local financial resources.

An economic analysis code used for PWR fuel cycle

International Nuclear Information System (INIS)

Liu Dingqin

1989-01-01

An economic analysis code used for PWR fuel cycle is developed. This economic code includes 12 subroutines representing vavious processes for entire PWR fuel cycle, and indicates the influence of the fuel cost on the cost of the electricity generation and the influence of individual process on the sensitivity of the fuel cycle cost

Analysis of the Economic Impact of Large-Scale Deployment of Biomass Resources for Energy and Materials in the Netherlands. Macro-economics biobased synthesis report

International Nuclear Information System (INIS)

Hoefnagels, R.; Dornburg, V.; Faaij, A.; Banse, M.

2009-03-01

The Bio-based Raw Materials Platform (PGG), part of the Energy Transition in The Netherlands, commissioned the Agricultural Economics Research Institute (LEI) and the Copernicus Institute of Utrecht University to conduct research on the macro-economic impact of large scale deployment of biomass for energy and materials in the Netherlands. Two model approaches were applied based on a consistent set of scenario assumptions: a bottom-up study including technoeconomic projections of fossil and bio-based conversion technologies and a topdown study including macro-economic modelling of (global) trade of biomass and fossil resources. The results of the top-down and bottom-up modelling work are reported separately. The results of the synthesis of the modelling work are presented in this report

The Family Economic Environment as a Context for Children's Development.

Science.gov (United States)

Farran, Dale Clark; Margolis, Lewis H.

1987-01-01

Longitudinally examines how the complexities of the family economic environment may affect children's health, behavior, and ideas about the world of work. Family economic factors considered include father's/mother's work status (especially parental unemployment); per-capita income; health insurance; father's job security; and satisfaction with…

New Nuclear Materials Including Non Metallic Fuel Elements. Vol. II. Proceedings of the Conference on New Nuclear Materials Technology, Including Non Metallic Fuel Elements

International Nuclear Information System (INIS)

1963-01-01

One of the major aims of the International Atomic Energy Agency in furthering the peaceful uses of atomic energy is to encourage the development of economical nuclear power. Certainly, one of the more obvious methods of producing economical nuclear power is the development of economical fuels that can be used at high temperatures for long periods of time, and which have sufficient strength and integrity to operate under these conditions without permitting the release of fission products. In addition it is desirable that after irradiation these new fuels be economically reprocessed to reduce further the cost of the fuel cycle. As nuclear power becomes more and more competitive with conventional power the interest in new and more efficient higher-temperature fuels naturally increases rapidly. For these reasons, the Agency organized a Conference on New Nuclear Materials Technology, Including Non-Metallic Fuel Elements, which was held from 1 to 5 July 1963 at the International Hotel, Prague, with the assistance and co-operation of the Government of the Czechoslovak Socialist Republic. A total of 151 scientists attended, from 23 countries and 4 international organizations. The participants heard and discussed more than 60 scientific papers. The Agency wishes to thank the scientists who attended this Conference for their papers and for many spirited discussions that truly mark a successful meeting. The Agency wishes also to record its gratitude for the assistance and generous hospitality accorded the Conference, the participants and the Agency's staff by the Government of the Czechoslovak Socialist Republic and by the people of Prague. The scientific information contained in these Proceedings should help to quicken the pace of progress in the fabrication of new and m ore economical fuels, and it is hoped that these proceedings will be found useful to all workers in this and related fields

On the relationship between economic freedom and economic growth

NARCIS (Netherlands)

Haan, Jakob de; Sturm, Jan-Egbert

1999-01-01

Often it is maintained that economic freedom may further high levels of economic growth. This paper compares various indicators for economic freedom. It is concluded that although these measures differ somewhat in their coverage, they show similar rankings for the countries covered. Some elements in

The different modes of hydro-economic analysis (Invited)

Science.gov (United States)

Harou, J. J.; Binions, O.; Erfani, T.

2013-12-01

In the face of growing water demands, climate change and spatial and temporal water access variability, accurately assessing the economic impacts of proposed water resource management changes is useful. The objective of this project funded by UK Water Industry Research was to present and demonstrate a framework for identifying and using the ';value of water' to enable water utilities and their regulators to make better decisions. A hydro-economic model can help evaluate water management options in terms of their hydrological and economic impact at different locations throughout a catchment over time. In this talk we discuss three modes in which hydro-economic models can be implemented: evaluative, behavioral and prescriptive. In evaluation mode economic water demand and benefit functions are used to post-process water resource management model results to assess the economic impacts (over space and time) of a policy under consideration. In behavioral hydro-economic models users are represented as agents and the economics is used to help predict their actions. In prescriptive mode optimization is used to find the most economically efficient management actions such as allocation patterns or source selection. These three types of hydro-economic analysis are demonstrated on a UK watershed (Great River Ouse) that includes 97 different water abstractors from amongst the public water supply, agriculture, industry and energy plant cooling sectors. The following issues under dry and normal historical conditions were investigated: Supply/demand investment planning, societal cost of environmental flows, water market prices, and scarcity-sensitive charges for water rights. The talk discusses which hydro-economic modeling mode is used to study each of these issues and why; example results are shown and discussed. The topic of how hydro-economic models can be built and deployed effectively is covered along with how existing water utility operational and planning tools can be

Acknowledging patient heterogeneity in economic evaluation : a systematic literature review.

Science.gov (United States)

Grutters, Janneke P C; Sculpher, Mark; Briggs, Andrew H; Severens, Johan L; Candel, Math J; Stahl, James E; De Ruysscher, Dirk; Boer, Albert; Ramaekers, Bram L T; Joore, Manuela A

2013-02-01

Patient heterogeneity is the part of variability that can be explained by certain patient characteristics (e.g. age, disease stage). Population reimbursement decisions that acknowledge patient heterogeneity could potentially save money and increase population health. To date, however, economic evaluations pay only limited attention to patient heterogeneity. The objective of the present paper is to provide a comprehensive overview of the current knowledge regarding patient heterogeneity within economic evaluation of healthcare programmes. A systematic literature review was performed to identify methodological papers on the topic of patient heterogeneity in economic evaluation. Data were obtained using a keyword search of the PubMed database and manual searches. Handbooks were also included. Relevant data were extracted regarding potential sources of patient heterogeneity, in which of the input parameters of an economic evaluation these occur, methods to acknowledge patient heterogeneity and specific concerns associated with this acknowledgement. A total of 20 articles and five handbooks were included. The relevant sources of patient heterogeneity (demographics, preferences and clinical characteristics) and the input parameters where they occurred (baseline risk, treatment effect, health state utility and resource utilization) were combined in a framework. Methods were derived for the design, analysis and presentation phases of an economic evaluation. Concerns related mainly to the danger of false-positive results and equity issues. By systematically reviewing current knowledge regarding patient heterogeneity within economic evaluations of healthcare programmes, we provide guidance for future economic evaluations. Guidance is provided on which sources of patient heterogeneity to consider, how to acknowledge them in economic evaluation and potential concerns. The improved acknowledgement of patient heterogeneity in future economic evaluations may well improve the

Importance of Economic Evaluation in Health Care: An Indian Perspective.

Science.gov (United States)

Dang, Amit; Likhar, Nishkarsh; Alok, Utkarsh

2016-05-01

Health economic studies provide information to decision makers for efficient use of available resources for maximizing health benefits. Economic evaluation is one part of health economics, and it is a tool for comparing costs and consequences of different interventions. Health technology assessment is a technique for economic evaluation that is well adapted by developed countries. The traditional classification of economic evaluation includes cost-minimization, cost-effectiveness analysis, cost-utility analysis, and cost-benefit analysis. There has been uncertainty in the conduct of such economic evaluations in India, due to some hesitancy with respect to the adoption of their guidelines. The biggest challenge in this evolutionary method is lack of understanding of methods in current use by all those involved in the provision and purchasing of health care. In some countries, different methods of economic evaluation have been adopted for decision making, most commonly to address the question of public subsidies for the purchase of medicines. There is limited evidence on the impact of health insurance on the health and economic well-being of beneficiaries in developing countries. India is currently pursuing several strategies to improve health services for its population, including investing in government-provided services as well as purchasing services from public and private providers through various schemes. Prospects for future growth and development in this field are required in India because rapid health care inflation, increasing rates of chronic conditions, aging population, and increasing technology diffusion will require greater economic efficiency into health care systems. Copyright © 2016 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

FDI DETERMINANTS IN THE EURASIAN ECONOMIC UNION COUNTRIES AND EURASIAN ECONOMIC INTEGRATION EFFECT ON FDI INFLOWS

Directory of Open Access Journals (Sweden)

Yerkezhan Zhumakankyzy Akhmetzaki

2017-09-01

Full Text Available The paper examines the potential determinants of foreign direct investment inflows into the region of Eurasian Economic Union, as well as incentives for investment into other neighboring countries. In the first model, the authors test a hypothesis on country specific foreign direct investment determinants for the Eurasian Economic Union region. The results of fixed effects estimation show that gross domestic product, infrastructure development and secondary education enrollment have a positive statistically significant effect on the foreign direct investment inflows into the region. Conversely, the impact of Customs Union on foreign direct investment appeared to be negative. Furthermore, in the second model of the natural experiment, the authors empirically test the hypothesis on Customs Union’s effect on foreign direct investment while controlling for both country and time effects. The model includes evaluating the impact of the policy change on foreign investment inflows. The natural experiment outcome also points to the negative effect of Eurasian economic integration on foreign direct investment inflows. Although the countries of Eurasian Economic Union have relatively business friendly regulations, such procedures as enforcing contracts, resolving insolvencies and dealing with construction permits are time-consuming. For attracting foreign investment, it is advisable to facilitate such procedures and make the process of setting up a new business less onerous. The research can be used as an outline for further examining of Eurasian economic integration and apart from that, the study results can be applied for practical purposes of policy elaboration aimed at stimulating foreign direct investment into the Eurasian Economic Union.

Sustainable Livestock Farming for Improving Socio-Economic Condition

Directory of Open Access Journals (Sweden)

Mohammad Shamsuddoha

2013-01-01

Full Text Available Sustainability is the most effective concept to improve socio-economic condition, including environment. Constructive socio-economic changes are getting priority in recent years among academia and business sector in Bangladesh. Bangladesh poultry sub-sector has long supply chains having associated with various stakeholders. In this paper, a case poultry farm was taken to examine a production process that links with socio-economic benefits. Design science method under the quantitative paradigm was chosen to develop a model for the case industry. A Simulation model was developed using simul8 software to construct the real poultry operation. The objectives of this paper are to construct a sustainable model for a case poultry industry along with socio-economic issues. Later, simulated model output will examine it through various performance indicators (KPIs to find out the impacts on socio-economic benefits. Numbers of KPIs have been briefly discussed in light of the research problem to illustrate positive effects of sustainable production.

Examining the economics of seawater desalination using the DEEP code

International Nuclear Information System (INIS)

2000-11-01

This Technical Document presents analysis of the results of the study initiated by the IAEA on comparison of costs of nuclear and fossil fuel energy sources coupled with selected seawater desalination processes, including regional studies and sensitivity analysis. The economical modelling was performed with use of the Desalination Economic Evaluation Program code (DEEP) released in 1998 which incorporated the latest advances in economic modelling and technological changes in both desalination and reactor technologies

Economic instruments for environmental mitigation

International Nuclear Information System (INIS)

Wilkinson, A.

1995-01-01

A joint International Chamber of Commerce (ICC)/World Energy Council (WEC) Working Group has been studying a range of policy instruments which are being used or considered for use to address the question of ever increasing energy demand versus environmental protection, and pollution reduction. Economic instruments for such environmental protection include direct regulation, market-based instruments, and voluntary approaches. No single policy or device was likely to suffice in addressing the diversity of environmental problems currently faced. Altering energy prices must be seen in a social context, but some direct regulation may also be inevitable. Generally economic instruments of change were preferred as these were viewed as more flexible and cost-effective. (UK)

Trends in Multi-authored Papers in Economics

OpenAIRE

John Hudson

1996-01-01

This paper looks at the growth of multiple-authored papers in eight leading economics journals. In 1950, multiple authorship was a relative rarity. By the 1990s, it had become commonplace. An empirical analysis suggests that this growth has not been even over time but appears to have been greatest in the mid-1960s and again since the mid-1970s. Possible reasons for this growth include developments in computer technology. Its implications for the economics profession are briefly discussed.

Fostering Local Economic Development through Community ...

African Journals Online (AJOL)

The skills included information system analysis and development, computing as well as web developing. The case study employed a Community Informatics approach which is the application of information and communications technologies (ICTs) to enable community processes such as local economic development.

Timely and complete publication of economic evaluations alongside randomized controlled trials.

Science.gov (United States)

Thorn, Joanna C; Noble, Sian M; Hollingworth, William

2013-01-01

Little is known about the extent and nature of publication bias in economic evaluations. Our objective was to determine whether economic evaluations are subject to publication bias by considering whether economic data are as likely to be reported, and reported as promptly, as effectiveness data. Trials that intended to conduct an economic analysis and ended before 2008 were identified in the International Standard Randomised Controlled Trial Number (ISRCTN) register; a random sample of 100 trials was retrieved. Fifty comparator trials were randomly drawn from those not identified as intending to conduct an economic study. The trial start and end dates, estimated sample size and funder type were extracted. For trials planning economic evaluations, effectiveness and economic publications were sought; publication dates and journal impact factors were extracted. Effectiveness abstracts were assessed for whether they reached a firm conclusion that one intervention was most effective. Primary investigators were contacted about reasons for non-publication of results, or reasons for differential publication strategies for effectiveness and economic results. Trials planning an economic study were more likely to be funded by government (p = 0.01) and larger (p = 0.003) than other trials. The trials planning an economic evaluation had a mean of 6.5 (range 2.7-13.2) years since the trial end in which to publish their results. Effectiveness results were reported by 70 %, while only 43 % published economic evaluations (p economic results included the intervention being ineffective, and staffing issues. Funding source, time since trial end and length of study were not associated with a higher probability of publishing the economic evaluation. However, studies that were small or of unknown size were significantly less likely to publish economic evaluations than large studies (p journal impact factor was 1.6 points higher for effectiveness publications than for the

Economic evidence for the clinical management of major depressive disorder: a systematic review and quality appraisal of economic evaluations alongside randomised controlled trials.

Science.gov (United States)

Karyotaki, E; Tordrup, D; Buntrock, C; Bertollini, R; Cuijpers, P

2017-10-01

The aim of this systematic review of economic evaluations alongside randomised controlled trials (RCTs) was to provide a comprehensive overview of the evidence concerning cost-effectiveness analyses of common treatment options for major depression. An existing database was used to identify studies reporting cost-effectiveness results from RCTs. This database has been developed by a systematic literature search in the bibliographic databases of PubMed, PsychINFO, Embase and Cochrane library from database inception to December 2014. We evaluated the quality of economic evaluations using a 10-item short version of the Drummond checklist. Results were synthesised narratively. The risk of bias of the included RCTs was assessed, based on the Cochrane risk of bias assessment tool. Fourteen RCTs were included from the 5580 articles screened on titles and abstracts. The methodological quality of the health economic evaluations was relatively high and the majority of the included RCTs had low risk of bias in most of Cochrane items except blinding of participants and personnel. Cognitive behavioural therapy was examined in seven trials as part of a variety of treatment protocols and seems cost-effective compared with pharmacotherapy in the long-term. However cost-effectiveness results for the combination of psychotherapy with pharmacotherapy are conflicting and should be interpreted with caution due to limited comparability between the examined trials. For several treatments, only a single economic evaluation was reported as part of a clinical trial. This was the case for comparisons between different classes of antidepressants, for several types of psychotherapy (behavioural activation, occupational therapy, interpersonal psychotherapy, short-term psychotherapy, psychodynamic psychotherapy, rational emotive behavioural therapy, solution focused therapy), and for transcranial magnetic stimulation v. electroconvulsive therapy. The limited evidence base for these interventions

MEZZO ECONOMICS ANALITYCAL APPROACH AS THE PROPULSIVE PART OF MANAGERIAL ECONOMICS IN TOURISM

OpenAIRE

Kozuharov, Saso

2011-01-01

Mezzo Economics covers the area between the Micro and Macro Economics and the organizational approach of the economics of the integral economic communities, which are made of microeconomic entities. Mezzo Economics represents an organizational loop between the Macro economic system and Micro Economics. Tourism industry is a typical represent of Mezzo Economics. Mezzo Economics Analytical Approach represents a compositional and methodological approach that make constitution of the basic and de...

Advanced Fuel Cycle Economic Sensitivity Analysis

Energy Technology Data Exchange (ETDEWEB)

David Shropshire; Kent Williams; J.D. Smith; Brent Boore

2006-12-01

A fuel cycle economic analysis was performed on four fuel cycles to provide a baseline for initial cost comparison using the Gen IV Economic Modeling Work Group G4 ECON spreadsheet model, Decision Programming Language software, the 2006 Advanced Fuel Cycle Cost Basis report, industry cost data, international papers, the nuclear power related cost study from MIT, Harvard, and the University of Chicago. The analysis developed and compared the fuel cycle cost component of the total cost of energy for a wide range of fuel cycles including: once through, thermal with fast recycle, continuous fast recycle, and thermal recycle.

Strategies for environmentally sound economic development

International Nuclear Information System (INIS)

Duchin, F.; Lange, G.M.

1991-01-01

This paper reports that it has been estimated that the burning of fossil fuels and the clearing of forests account for 6-7 billion tons of carbon emissions each year. Combustion also results in significant emissions of sulfur oxides and nitrogen oxides. While the growth in the use of fuels has slowed considerably in the developed regions of North America, western Europe, and Japan over the past decade, pressure for increased energy use and the clearing of forests can be expected with even moderate economic and population growth in the developing regions of Asia, Africa, and Latin America. Researchers at the Institute for Economic Analysis have begun the formulation and analysis of alternative scenarios describing environmentally sound economic development over the next 50 years. These scenarios include activities aimed at improving the standards of living in developing countries while reducing emissions of the aforementioned gases or removing carbon from the atmosphere. Specific alternatives include tropical forestation; the adoption of relatively clean and efficient boilers, especially for the production of electricity in developing countries, as well as greater use of cogeneration systems and hydroelectricity; alternative transportation strategies; and conservation of energy in households of rich and middle-income countries (e.g., efficient lighting fixtures, appliances, and cooling equipment)

The scope of costs in alcohol studies: Cost-of-illness studies differ from economic evaluations.

Science.gov (United States)

van Gils, Paul F; Hamberg-van Reenen, Heleen H; van den Berg, Matthijs; Tariq, Luqman; de Wit, G Ardine

2010-07-06

Alcohol abuse results in problems on various levels in society. In terms of health, alcohol abuse is not only an important risk factor for chronic disease, but it is also related to injuries. Social harms which can be related to drinking include interpersonal problems, work problems, violent and other crimes. The scope of societal costs related to alcohol abuse in principle should be the same for both economic evaluations and cost-of-illness studies. In general, economic evaluations report a small part of all societal costs. To determine the cost- effectiveness of an intervention it is necessary that all costs and benefits are included. The purpose of this study is to describe and quantify the difference in societal costs incorporated in economic evaluations and cost-of-illness studies on alcohol abuse. To investigate the economic costs attributable to alcohol in cost-of-illness studies we used the results of a recent systematic review (June 2009). We performed a PubMed search to identify economic evaluations on alcohol interventions. Only economic evaluations in which two or more interventions were compared from a societal perspective were included. The proportion of health care costs and the proportion of societal costs were estimated in both type of studies. The proportion of healthcare costs in cost-of-illness studies was 17% and the proportion of societal costs 83%. In economic evaluations, the proportion of healthcare costs was 57%, and the proportion of societal costs was 43%. The costs included in economic evaluations performed from a societal perspective do not correspond with those included in cost-of-illness studies. Economic evaluations on alcohol abuse underreport true societal cost of alcohol abuse. When considering implementation of alcohol abuse interventions, policy makers should take into account that economic evaluations from the societal perspective might underestimate the total effects and costs of interventions.

Modeling the economic consequences of LWR accidents

International Nuclear Information System (INIS)

Burke, R.P.; Aldrich, D.C.; Rasmussen, N.C.

1984-01-01

Models to be used for analyses of economic risks from events which may occur during LWR plant operation are developed in this study. The models include capabilities to estimate both onsite and offsite costs of LWR events ranging from routine plant outages to severe core-melt accidents resulting in large releases of radioactive material to the environment. The models can be used by both the nuclear power industry and regulatory agencies in cost-benefit analyses for decisionmaking purposes. The newly developed economic consequence models are applied in an example to estimate the economic risks from operation of the Surry Unit 2 plant. The analyses indicate that economic risks from US LWR operation, in contrast to public health risks, are dominated by relatively high-frequency forced outage events. Even for severe (e.g., core-melt) accidents, expected offsite costs are less than expected onsite costs for the Surry site. The implications of these conclusions for nuclear power plant operation and regulation are discussed

Attractors, bifurcations, & chaos nonlinear phenomena in economics

CERN Document Server

Puu, Tönu

2003-01-01

The present book relies on various editions of my earlier book "Nonlinear Economic Dynamics", first published in 1989 in the Springer series "Lecture Notes in Economics and Mathematical Systems", and republished in three more, successively revised and expanded editions, as a Springer monograph, in 1991, 1993, and 1997, and in a Russian translation as "Nelineynaia Economicheskaia Dinamica". The first three editions were focused on applications. The last was differ­ ent, as it also included some chapters with mathematical background mate­ rial -ordinary differential equations and iterated maps -so as to make the book self-contained and suitable as a textbook for economics students of dynamical systems. To the same pedagogical purpose, the number of illus­ trations were expanded. The book published in 2000, with the title "A ttractors, Bifurcations, and Chaos -Nonlinear Phenomena in Economics", was so much changed, that the author felt it reasonable to give it a new title. There were two new math­ ematics ch...

Energy consumption and economic growth. Assessing the evidence from Greece

International Nuclear Information System (INIS)

Hondroyiannis, George; Lolos, Sarantis; Papapetrou, Evangelia

2002-01-01

This paper attempts to shed light into the empirical relationship between energy consumption and economic growth, for Greece (1960-1996) employing the vector error-correction model estimation. The vector specification includes energy consumption, real GDP and price developments, the latter taken to represent a measure of economic efficiency. The empirical evidence suggests that there is a long-run relationship between the three variables, supporting the endogeneity of energy consumption and real output. These findings have important policy implications, since the adoption of suitable structural policies aiming at improving economic efficiency can induce energy conservation without impeding economic growth

[Systematic economic assessment and quality evaluation for traditional Chinese medicines].

Science.gov (United States)

Sun, Xiao; Guo, Li-ping; Shang, Hong-cai; Ren, Ming; Lei, Xiang

2015-05-01

To learn about the economic studies on traditional Chinese medicines in domestic literatures, in order to analyze the current economic assessment of traditional Chinese medicines and explore the existing problems. Efforts were made to search CNKI, VIP, Wanfang database and CBM by computer and include all literatures about economic assessment of traditional Chinese medicines published on professional domestic journals in the systematic assessment and quality evaluation. Finally, 50 articles were included in the study, and the systematic assessment and quality evaluation were made for them in terms of titles, year, authors' identity, expense source, disease type, study perspective, study design type, study target, study target source, time limit, cost calculation, effect indicator, analytical technique and sensitivity analysis. The finally quality score was 0.74, which is very low. The results of the study showed insufficient studies on economics of traditional Chinese medicines, short study duration and simple evaluation methods, which will be solved through unremitting efforts in the future.

Socio-Economic Position and Suicidal Ideation in Men

Directory of Open Access Journals (Sweden)

Jane Pirkis

2017-03-01

Full Text Available People in low socio-economic positions are over-represented in suicide statistics and are at heightened risk for non-fatal suicidal thoughts and behaviours. Few studies have tried to tease out the relationship between individual-level and area-level socio-economic position, however. We used data from Ten to Men (the Australian Longitudinal Study on Male Health to investigate the relationship between individual-level and area-level socio-economic position and suicidal thinking in 12,090 men. We used a measure of unemployment/employment and occupational skill level as our individual-level indicator of socio-economic position. We used the Index of Relative Socio-Economic Disadvantage (a composite multidimensional construct created by the Australian Bureau of Statistics that combines information from a range of area-level variables, including the prevalence of unemployment and employment in low skilled occupations as our area-level indicator. We assessed suicidal thinking using the Patient Health Questionnaire (PHQ-9. We found that even after controlling for common predictors of suicidal thinking; low individual-level and area-level socio-economic position heightened risk. Individual-level socio-economic position appeared to exert the greater influence of the two; however. There is an onus on policy makers and planners from within and outside the mental health sector to take individual- and area-level socio-economic position into account when they are developing strategic initiatives.

Essays in public economics

Science.gov (United States)

Seligman, Jason Scott

2002-01-01

Three essays in the field of public economics are included in this thesis. Chapter 1 begins this work with an introduction to public economics and places the remaining chapters in context. Like all economic agents, the government must manage its cash position. Chapter 2 considers this activity. Short-term financial requirements cause the government to solicit the market for bills not previously scheduled (Cash Management Bills). Using data from the US Treasury's Proprietary Domestic Finance Database, this chapter shows that these bills have higher costs than normal bills, suggesting that both Treasury and financial markets appreciate that demand is more inelastic for these instruments. In addition, this research identifies several factors that increase finance costs for Treasury in meeting short-term financial need. Chapter 3 explores location choices for generation investment in a re-regulated electricity market. Recently, there have been significant changes in the regulation of electricity in the State of California. These changes may affect generation investment behavior within the State, an important consideration for policy makers. This work identifies the impact of public sector regulatory change on private sector investment outcomes, by comparing the location and scope of electricity generation projects before and after two specific regulatory changes in air quality management and transmission tariff charges, while controlling for expected population growth patterns within the State. Significant changes in location preference are identified using factors for the northern and southern transmission zones, NP15 and SP15, the intermediate zone ZP26, and for areas outside of ISO control. Chapter 4 considers Disability Insurance and individual public pension investment accounts. Current debate on the Social Security Administration's long-term finance of benefits includes proposals for independent private investment via individual accounts. The author investigates

Economism

Directory of Open Access Journals (Sweden)

P. Simons

2010-07-01

Full Text Available Modern society is characterised not only by a fascination with scientific technology as a means of solving all problems, especially those that stand in the way of material progress (technicism, but also by an obsessive interest in everything that has to do with money (economism or mammonism. The article discusses the relationship between technicism and economism, on the basis of their relationship to utilitarian thinking: the quest for the greatest happiness for the greatest number of people. Recent major studies of neo-liberalism (seen as an intensification of utilitarianism by Laval and Dardot are used as reference to the development of utilitarianism. It is suggested that the western view of the world, as expressed in economism and technicism, with a utilitarian ethics, features three absolutisations: those of theoretical thinking, technology and economics. In a second part, the article draws on the framework of reformational philosophy to suggest an approach that, in principle, is not marred by such absolutisations.

National economic interests of Russia in modern geopolitical conditions

Directory of Open Access Journals (Sweden)

Elena Leonidovna Andreeva

2015-01-01

Full Text Available The article considers national economic interests that form the basis of national security (food, raw materials, finance, infrastructure including transport and set the priorities for the development of economic sectors (industry, scientific and technological development, entrepreneurship, social sector and innovation development. The authors carry out brief analysis for each type of national economic interests and find out how they are reflected in the national documents on socio-economic development and in international documents on economic cooperation with Russia’s participation. These interests in the national aspect are reflected in the Concept for long-term socio-economic development, and in the strategies and state programs for development of economic sectors. As for the international economic aspect, the authors consider Russia’s contracts with individual countries on trade and/or cooperation, the Agreement on the Eurasian Economic Union, the Declaration and agreements of the BRICS countries, the Program for Trade and Economic cooperation between the SCO countries, and international standards relating to socio-economic ratings and indexes. The analysis shows that the country requires the development of a unified conceptual project that would link strategic priorities of socio-economic development of the Russian Federation with changing geoeconomic conditions. This independent project should represent a set of system strategic guidelines on different levels, enhancing the role and increasing the importance of Russia in the new architecture of the geo-economic world order, the country’s participation in the joint strategies implemented by the Russian Federation together with other interested countries and new integration groups, and also defending conceptual interests of national development

Il vichismo economico (Vico, Galiani, Croce-Economia, liberalismo economico (Economic Vichism (Vico, Galiani, Croce – economics, economic liberalism

Directory of Open Access Journals (Sweden)

G. TAGLIACOZZO

2014-08-01

Full Text Available As every reader of Giambattista Vico’s New Science knows, the book contains a section on “poetic economy” - the economy of the “age of heroes”. This was the first study of such a topic ever conceived. Vico also dealt with some socio-economic problems of later stages of social evolution. In none of his works, however, did he pay specific attention to problems of economics stricto sensu. The present work provides a study of the set of direct and indirect inferences that can be drawn from the principles of the New Science in the economic field - what we might call “Economic Vichism” - and the relationship or analogy, if any, of “Economic Vichism” to later economic theories or viewpoints, and its place in the history of economics.JEL: B11, B31

Economic Meaning of the Concept of “Non-Financial Reporting”

Directory of Open Access Journals (Sweden)

Bezverkhiy

2017-02-01

Full Text Available The issue related with interpretation of the economic meaning of “non-financial reporting” becomes vital in view of harmonizing the Ukrainian legal acts with EU standards, including ones on accounting. In practice, much confusion still occurs: non-financial reporting may either be seen as separated reporting, or as one identical to integrated reporting, or as an integrated reporting component. The aim of the study is to clarify the economic meaning of the concept of “non-financial reporting. A review and systematization of definitions of the economic meaning of “non-financial reporting”, given by various authors in 2009 to 2016, is made. The sample of reviewed sources includes reference literature, books, theses and theses abstracts, scientific articles and proceedings of scientific conferences. The dynamics of publication activity of researchers and economists in interpreting the economic meaning of “non-financial reporting” over this period is analyzed. It is found that the highest publication activity in interpreting the economic meaning of the term “non-financial reporting” was in 2015. Approaches to the interpretation of the economic meaning of “non-financial reporting” are summed up. It is found that the largest share of literary sources (76.32% define non-financing reporting as a tool to meet information needs of stakeholders regarding the company’s economic, social or ecological indicators. The author’s definition of “non-financial reporting” is proposed.

The current total economic burden of diabetes mellitus in the Netherlands.

Science.gov (United States)

Peters, M L; Huisman, E L; Schoonen, M; Wolffenbuttel, B H R

2017-09-01

Insight into the total economic burden of diabetes mellitus (DM) is essential for decision makers and payers. Currently available estimates for the Netherlands only include part of the total burden or are no longer up-to-date. Therefore, this study aimed to determine the current total economic burden of DM and its complications in the Netherlands, by including all the relevant cost components. The study combined a systematic literature review to identify all relevant published information and a targeted review to identify relevant information in the grey literature. The identified evidence was then combined to estimate the current total economic burden. In 2016, there were an estimated 1.1 million DM patients in the Netherlands, of whom approximately 10% had type 1 and 90% had type 2 DM. The estimated current total economic burden of DM was € 6.8 billion in 2016. Healthcare costs (excluding costs of complications) were € 1.6 billion, direct costs of complications were € 1.3 billion and indirect costs due to productivity losses, welfare payments and complications were € 4.0 billion. DM and its complications pose a substantial economic burden to the Netherlands, which is expected to rise due to changing demographics and lifestyle. Indirect costs, such as welfare payments, accounted for a large portion of the current total economic burden of DM, while these cost components are often not included in cost estimations. Publicly available data for key cost drivers such as complications were scarce.

Economic Equilibrium and Soviet Economic Reform

OpenAIRE

Herbert E. Scarf

1991-01-01

The paper, prepared for a Roundtable on Major Economic Problems in the U.S. and the U.S.S.R., discusses some aspects of price theory ñ in particular, the theory of general equilibrium -ñ which may offer some theoretical insights about the economic problems to be encountered during the transition from Socialism to private markets in the Soviet Union.

Socio-economic drivers in implementing bioenergy projects

International Nuclear Information System (INIS)

Domac, J.; Richards, K.; Risovic, S.

2005-01-01

Within the international community there is considerable interest in the socio-economic implications of moving society towards the more widespread use of renewable energy resources. Such change is seen to be very necessary but is often poorly communicated to people and communities who need to accept such changes. There are pockets of activity across the world looking at various approaches to understand this fundamental matter. Typically, socio-economic implications are measured in terms of economic indices, such as employment and monetary gains, but in effect the analysis relates to a number of aspects which include social, cultural, institutional, and environmental issues. The extremely complex nature of bioenergy, many different technologies involved and a number of different, associated aspects (socio-economics, greenhouse gas mitigation potential, environment, ?) make this whole topic a complex subject. This paper is primarily a descriptive research and review of literature on employment and other socio-economic aspects of bioenergy systems as drivers for implementing bioenergy projects. Due to the limited information, this paper does not provide absolute quantification on the multiplier effects of local and or national incomes of any particular country or region. The paper intends to trigger a more in-depth discussion of data gaps, potentials, opportunities and challenges. An encouraging trend is that in many countries policy makers are beginning to perceive the potential economic benefits of commercial biomass e.g. employment/earnings, regional economic gain, contribution to security of energy supply and all others

Ensuring innovation competitiveness and economic sustainability of Israel

Directory of Open Access Journals (Sweden)

Alexandru A. GRIBINCEA

2018-03-01

Full Text Available The world is facing major economic and environmental change. Climate change, demographic issues, global urbanization pose challenges and constraints over the last decades. International bodies are worried about population growth, including urban over 7 billion, of which about 60% live in urban areas. More than 76% of Europe’s energy consumption is in the urban environment. Effective measures are needed to reduce emissions of gases and harmful substances in order to avoid the worst scenarios coming. The aim of the research is to investigate the real situation in the economic sector aiming at sustainable development and the experience of promoting economic development with the protection of the oikumene.

Economic Cooperation Between The European Union And Japan

Directory of Open Access Journals (Sweden)

Drzymała Agnieszka

2017-06-01

Full Text Available The aim of the paper is to show the history of economic relations between the European Union and Japan. This economy is very important to the EU and the countries of the EU are interested in further deepening areas of cooperation. Therefore it seems important to indicate the political will to continue mutual economic relations through the signing of contracts and bilateral agreements, as well as meetings at various levels, including SPA and EPA negotiations and summits. The course of the current economic cooperation will be shown through trade volume and foreign direct investment outflows from the European Union to Japan.

The Budget Policy in the Context of Economic Transformations

Directory of Open Access Journals (Sweden)

Pasichnik Vladimir A.

2017-12-01

Full Text Available The article is aimed at disclosing the essence and role of budget policy in the system of socio-economic development of country, defining the institutional approach in the process of its formation and implementation, based on changes in the public environment. The socio-economic development of society at this stage requires the use of budgetary policy as an effective instrument for the State regulation of economic and social relations. It is important to determine the priorities of the budget policy, including the medium-term perspective, based on the basic principles of the socio-economic development of country, improvement of the State regulation in the sphere of generation of budget income, the planning and usage of budget expenditures, the inter-budget relations, which will increase the efficiency of functioning of the economic and budget system as a whole.

Eurasian Economic Union: A Regional Economic Hegemony Initiative

OpenAIRE

Serdar YILMAZ

2017-01-01

It can be assumed that international relations terminology has not mentioned enough about the significance of the Eurasian Economic Union in territorial as well as in economic terms during a period of growing geopolitical risks and high interdependence between the member countries and the rest. According to Kazakhstan’s President Nursultan Nazarbayev, it is truly difficult for states to overcome economic, political and security issues and therefore, states need to act together against the pro...

Military construction program economic analysis manual: Text and appendixes: Hazardous Waste Remedial Actions Program

International Nuclear Information System (INIS)

1987-12-01

This manual enables the US Air Force to comprehensively and systematically analyze alternative approaches to meeting its military construction requirements. The manual includes step-by-step procedures for completing economic analyses for military construction projects, beginning with determining if an analysis is necessary. Instructions and a checklist of the tasks involved for each step are provided; and examples of calculations and illustrations of completed forms are included. The manual explains the major tasks of an economic analysis, including identifying the problem, selecting realistic alternatives for solving it, formulating appropriate assumptions, determining the costs and benefits of the alternatives, comparing the alternatives, testing the sensitivity of major uncertainties, and ranking the alternatives. Appendixes are included that contain data, indexes, and worksheets to aid in performing the economic analyses. For reference, Volume 2 contains sample economic analyses that illustrate how each form is filled out and that include a complete example of the documentation required. 6 figs., 12 tabs

The Arctic: between climatic change, economic development and security issues

International Nuclear Information System (INIS)

Degeorges, Damien

2016-01-01

The Arctic is a perfect illustration of how climate change is impacting international relations, in particular because it triggers new economic and safety issues. Since every major economic power has interests in the region, it has now become the stage of many rivalries, including between China and the United-States. Whether it is because its extreme climate conditions or the growing international pressure, the Arctic sets a new challenge for investors: securing a sustainable economic growth in the region

energy and economic losses due to constant power outages in nigeria

African Journals Online (AJOL)

2012-07-02

Jul 2, 2012 ... equate supply of energy restricts socio-economic ac- tivities, limits economic .... to the overall U.S economy in 1970. Since then as reported [5], the .... GHGs include water vapour, carbon dioxide, methane, nitrogen oxides, and ...

Life Insurance Contribution, Insurance Development and Economic Growth in China

Directory of Open Access Journals (Sweden)

Wang Ying

2017-07-01

Full Text Available Under L-type economy, remodelling the growth power in the medium and long term is essential. The insurance industry during the 13th Five-year Plan period has been given a heavy expectation on promoting economic quality and upgrading economic efficiency, so it will try to accelerate its innovation and development process which serves national needs, market demand and people's requirements. Referring to the previous researches of Solow and Zhang and measuring Capital Stock and Total Factor Productivity independently, the paper analyses the inherent correlation between insurance (including life insurance and non-life insurance and economic growth, reveals the contribution law of the insurance development in economic growth in the short and long term from both economic scale and quality respectively. It also shows enlightenments on policy decision for insurance industry, thus helps economic stability under the downturn periods.

How robust is the relationship between economic freedom and economic growth?

NARCIS (Netherlands)

Sturm, JE; De Haan, J

Using various indicators for economic freedom, it is shown that increases in economic freedom are robustly related to economic growth. This conclusion holds even if the impact of outlying observations is taken into account. The level of economic freedom is not related to growth.

THE WELFARE AND THE ECONOMIC GROWTH: TWO FACES OF THE SAME COIN

Directory of Open Access Journals (Sweden)

ALINA LIGIA DUMITRESCU

2015-12-01

Full Text Available The research starts with review of the evolution of the concept of welfare. The model of economic growth and social welfare of the European Union continuously adapts to social and economic changes of contemporary European society. As a result of the financial and economic crisis and its impact on the EU’s economy, including economic contraction and rising unemployment, European Commission has launched the Strategy “Europe 2020”. The study will focus on the analysis of the strategy “Europe 2020” as a tool for economic growth and welfare.

Eco-thermodynamics. Economics and the second law

International Nuclear Information System (INIS)

Ayres, Robert U.

1998-01-01

The laws of physics, especially the first and second laws of thermodynamics, have significant implications for economic theory. The major implications of the First Law (conservation of mass/energy) are straightforward and have been discussed at length elsewhere. In brief, raw material inputs to economic processes are not 'consumed'. Having been extracted from the environment in the first place, they eventually return to the environment as wastes. The economic implications of the Second Law (entropy law) are far more subtle. There is considerable literature, initiated by the work of Georgescu-Roegen, on the supposed constraints on economic growth imposed by the fact that economic processes utilize 'low-entropy' raw materials (fossil fuels and high grade metal ores) and discard 'high entropy' wastes. However, as a practical matter the flux of available low-entropy energy (exergy) from the sun is extremely large and certainly adequate to sustain economic activity in the solar system indefinitely, even though fossil fuel and metal ore stocks may eventually be exhausted. It is argued in this paper that the real economic significance of the Second Law lies in the fact that exergy is: (1) not conserved; and (2) is a useful common measure of resource quality, as well as quantity, applicable to both materials and energy. Thus, exergy can be used to measure and compare resource inputs and outputs, including wastes and losses. This is potentially important in itself. Moreover, since exergy is not conserved it is truly consumed (i.e. used up) in economic processes. Hence, exergy is no less a 'factor of production' than labor or capital. This fact has strong implications for economic growth theory, especially with regard to assessing the role of technical progress

As good as it gets : Alberta economic profile and forecast

International Nuclear Information System (INIS)

Hirsch, T.

2006-04-01

This economic profile and forecast report for the province of Alberta revealed that nearly every sector of the economy is operating at full, or near full capacity. Alberta's strong economy is a result of high energy prices, rapid population growth and rising employment. Increased provincial government spending along with tax reductions for businesses also contribute to a strong economy. However, the the province still faces some economic challenges, including a general labour shortage. Forestry and agriculture are under pressure of low commodity prices and high input costs, and the province has not articulated a long-term strategy for managing non-renewable natural resource revenue. In addition, the provincial economy is highly dependent upon volatile energy prices. Despite these challenges, the report states that the momentum is on the side of continued economic growth in Alberta. The Canada West Foundation is forecasting real growth in the gross domestic product of 5.2 per cent for 2006 and 4.7 per cent for 2007. The strong energy sector is largely responsible for much of Alberta's economic growth. An estimated 20,000 wells will be drilled in the province in 2006, and high oil prices will lead to record drilling and oil sands investment. This report also highlighted the economic activity in other sectors, including manufacturing, tourism, international exports, hi-tech, forestry, agriculture, and construction. Information regarding interprovincial migration and population growth was included along with public finances. 16 figs

Life cycle and economic efficiency analysis phase II : durable pavement markings.

Science.gov (United States)

2011-04-01

This report details the Phase II analysis of the life cycle and economic efficiency of inlaid tape : and thermoplastic. Waterborne paint was included as a non-durable for comparison purposes : only. In order to find the most economical product for sp...

Plural economics and territorial development from the perspective of sustainable development: theoretical elements of an economic sociology and a socio-economics.

Directory of Open Access Journals (Sweden)

Benoît Lévesque

2009-10-01

Full Text Available This text focuses on the contribution that the concept of plural economics is able to make today toward the advancement of research on the viability of territorial dynamics for sustainable development. The first part of our line of argumentation is centered on clarifying the concept of plural economics, based on studies on economic and social solidarity and on proposals emerging from the New Economic Sociology and the socio-economics of territories. In the second part, the concept of sustainable development is characterized from the angle of the so-called societal paradigm and its interactions with territory and with a plural and social economics. Aligned with the critique of the premises of neo-classical economics, the author accepts the need to re-connect the economy to a broader social and ecological perspective and to seek more effective answers to the challenges raised by the planetary socio-environmental crisis.. Keywords: Sustainable territorial development, plural economics, New Economic Sociology, economics of solidarity, ecological economics.

Dampak Economic Freedom Terhadap Pertumbuhan Ekonomi Negara Asia

OpenAIRE

Suparyati, Agustina; Fadilah, Nurul

2015-01-01

: This study aimed to examine the effect of variable FDI, exchange rate and economic freedom and its constituent components in influencing economic growth in Asian countries, which are grouped into two groups: the group of developing countries that consists of 7 countries including Indonesia, Thailand, Malaysia, Vietnam, Laos, Cambodia and the Philippines, while for developed countries group consisting of four countries, namely Japan, South Korea, China and Singapore in the period 2001-2012. ...

Modern Determinants of Countries’ Economic Power

Directory of Open Access Journals (Sweden)

Oleksii Chugaiev

2017-02-01

Full Text Available The economic power of a country is the ability of all its residents to influence the other subjects of international economic relations by economic means and to withstand external impact. The abstract nature, multidimensionality and complexity of the concept of economic power determine the plurality of methods for its quantitative measurement. The examples of the existing assessments of countries' economic power at the beginning of the 21st century are given based on its key determinants. The methods based on the criteria of GDP, national wealth, trade sphere of influence, multi-component indices and subjective assessments are preferably used. Most assessments show the distribution of economic power between countries in a fairly similar way. However, the methods based on national wealth and its components give a distinct advantage to developed countries, and the methods of subjective assessments in individual countries can show unexpected results. The problematic aspects of the existing methods include the failure to take into account economic dynamics, informal economy, environmental impact, non-periodicity of statistical data publication, coverage of a part of economic entities, one-dimensionality, arbitrary weighting coefficients of factors or duplication of information. We propose the economic power index based on fixed values and dynamics of adjusted net national income. The application of such index made it possible to assess the economic power of the vast majority of countries and a number of integrated entities. The leading countries, i.e. USA and China, were similarly assessed. Taking into account the incomplete integration, the EU takes the third place. The developed countries account for a half of economic power of the world’s countries, the newly industrialized countries — for more than one third, the least developed countries — for less than 1 per cent. The enhancing effect of integrated entities on their key member states was

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

Science.gov (United States)

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

2011-01-01

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

Economics.

Science.gov (United States)

Palley, Paul D; Parcero, Miriam E

2016-10-01

A review of literature in the calendar year 2015 dedicated to environmental policies and sustainable development, and economic policies. This review is divided into these sections: sustainable development, irrigation, ecosystems and water management, climate change and disaster risk management, economic growth, water supply policies, water consumption, water price regulation, and water price valuation.

Economic Benefits of Space Tourism to Europe

Science.gov (United States)

Collins, P.

The European aerospace industry has been very slow to consider the commercial opportunities in supplying passenger space travel services. This has been a costly mistake not just of space policy, but also of economic policy and environmental policy. This is because it is very unlikely that space tourism will remain just a small-scale activity of the very rich; it is much more likely to grow into a major new industry, employing millions of people in high quality employment - eventually much of it outside the Earth's eco-system. This is particularly important because, although the European “social-economic model” has greater popular support than the “USA model” (including among the general USA population), Europe today faces the major problem of high unemployment, which is imposing heavy social and economic costs. If Europe makes serious efforts soon to encourage the growth of passenger space travel, and of the many other economically and environmentally valuable space activities to which this will lead, then commercial space activities could become a major new axis of economic growth and employment-creation for Europe. Moreover, Europe has several advantages over the USA, Russia, Japan, China and India, and so could play a leading role in this field, if policy errors are corrected. The paper discusses the above possibilities, and the potential economic, environmental and other benefits for Europe in investing boldly in this fledgling industry.

The economic costs of alcohol consumption in Thailand, 2006.

Science.gov (United States)

Thavorncharoensap, Montarat; Teerawattananon, Yot; Yothasamut, Jomkwan; Lertpitakpong, Chanida; Thitiboonsuwan, Khannika; Neramitpitagkul, Prapag; Chaikledkaew, Usa

2010-06-09

There is evidence that the adverse consequences of alcohol impose a substantial economic burden on societies worldwide. Given the lack of generalizability of study results across different settings, many attempts have been made to estimate the economic costs of alcohol for various settings; however, these have mostly been confined to industrialized countries. To our knowledge, there are a very limited number of well-designed studies which estimate the economic costs of alcohol consumption in developing countries, including Thailand. Therefore, this study aims to estimate these economic costs, in Thailand, 2006. This is a prevalence-based, cost-of-illness study. The estimated costs in this study included both direct and indirect costs. Direct costs included health care costs, costs of law enforcement, and costs of property damage due to road-traffic accidents. Indirect costs included costs of productivity loss due to premature mortality, and costs of reduced productivity due to absenteeism and presenteeism (reduced on-the-job productivity). The total economic cost of alcohol consumption in Thailand in 2006 was estimated at 156,105.4 million baht (9,627 million US$ PPP) or about 1.99% of the total Gross Domestic Product (GDP). Indirect costs outweigh direct costs, representing 96% of the total cost. The largest cost attributable to alcohol consumption is that of productivity loss due to premature mortality (104,128 million baht/6,422 million US$ PPP), followed by cost of productivity loss due to reduced productivity (45,464.6 million baht/2,804 million US$ PPP), health care cost (5,491.2 million baht/339 million US$ PPP), cost of property damage as a result of road traffic accidents (779.4 million baht/48 million US$ PPP), and cost of law enforcement (242.4 million baht/15 million US$ PPP), respectively. The results from the sensitivity analysis revealed that the cost ranges from 115,160.4 million baht to 214,053.0 million baht (7,102.1 - 13,201 million US$ PPP

Export Specialisation and Local Economic Growth

NARCIS (Netherlands)

Naude, Wim; Bosker, Maarten; Matthee, Marianne

This paper aims to provide empirical evidence on whether export specialization or diversification is better for local economic growth. Using export data from 354 magisterial districts of South Africa for 1996 and 2001 we estimate spatial growth regressions that include measures of the degree of

Survey of International Trade/Economics Textbooks.

Science.gov (United States)

Lucier, Richard L.

1992-01-01

Reviews 14 international economics textbooks to help instructors with selection. Includes organization and structure, topics covered, and characteristics of the texts. Suggests considerations such as course length, level of abstraction desired, opinion of numerically based graphical analysis, extensiveness of examples and applications, and whether…

Economic Darwinism

DEFF Research Database (Denmark)

Sloth, Birgitte; Whitta-Jacobsen, Hans Jørgen

2011-01-01

We define an evolutionary process of "economic Darwinism" for playing the field, symmetric games. The process captures two forces. One is "economic selection": if current behavior leads to payoff differences, behavior yielding lowest payoff has strictly positive probability of being replaced...... in the literature. Using this result, we demonstrate that generally under positive (negative) externalities, economic Darwinism implies even more under- (over-)activity than does Nash equilibrium....

Qualitative Economics

DEFF Research Database (Denmark)

Fast, Michael; Clark, Woodrow

2012-01-01

the everyday economic life is the central issue and is discussed from the perspective of interactionism. It is a perspective developed from the Lifeworld philosophical traditions, such as symbolic interactionism and phenomenology, seeking to develop the thinking of economics. The argument is that economics...... and the process of thinking, e.g. the ontology and the epistemology. Keywords: qualitative, interaction, process, organizing, thinking, perspective, epistemology....

The economic aspect

International Nuclear Information System (INIS)

MacKerron, G.

1984-01-01

The subject is covered in sections: introduction (indicating the importance of 'back end' operations in the economics of nuclear power production); irradiated fuel transport costs in the UK (the Sizewell PWR; existing UK reactors); economic appraisal; past nuclear economics; future nuclear economics; (electricity demand; technological maturity; social and political factors; competition to nuclear power). (U.K.)

Hydro-economic modelling in mining catchments

Science.gov (United States)

Ossa Moreno, J. S.; McIntyre, N.; Rivera, D.; Smart, J. C. R.

2017-12-01

Hydro-economic models are gaining momentum because of their capacity to model both the physical processes related to water supply, and socio-economic factors determining water demand. This is particularly valuable in the midst of the large uncertainty upon future climate conditions and social trends. Agriculture, urban uses and environmental flows have received a lot of attention from researchers, as these tend to be the main consumers of water in most catchments. Mine water demand, although very important in several small and medium-sized catchments worldwide, has received less attention and only few models have attempted to reproduce its dynamics with other users. This paper describes an on-going project that addresses this gap, by developing a hydro-economic model in the upper Aconcagua River in Chile. This is a mountain catchment with large scale mining and hydro-power users at high altitudes, and irrigation areas in a downstream valley. Relevant obstacles to the model included the lack of input climate data, which is a common feature in several mining areas, the complex hydrological processes in the area and the difficulty of quantifying the value of water used by mines. A semi-distributed model developed within the Water Evaluation and Planning System (WEAP), was calibrated to reproduce water supply, and this was complemented with an analysis of the value of water for mining based on two methods; water markets and an analysis of its production processes. Agriculture and other users were included through methods commonly used in similar models. The outputs help understanding the value of water in the catchment, and its sensitivity to changes in climate variables, market prices, environmental regulations and changes in the production of minerals, crops and energy. The results of the project highlight the importance of merging hydrology and socio-economic calculations in mining regions, in order to better understand trade-offs and cost of opportunity of using

ECONOMIC THEORY OF LOBBYING: EVALUATION OF ECONOMIC EFFICIENCY

Directory of Open Access Journals (Sweden)

Tolstyh Pavel Aleksandrovich

2013-01-01

Full Text Available In this article the author continues to analyze lobbying with regards to economic paradigm. [The author has started discussing lobbying in terms of economic theory in the article Politico-economic theory of lobbying / / Historical, philosophical, political and legal sciences, culture and art. Theory and practice. Tambov: Gramota, 2013. No 1. Part 2. p. 177-189.] Researcher evaluates the cost effectiveness of the lobbying function. Lobbying is understood as activity of specifically authorized employees of corporations and lobbying firms representing their interests, trade associations. This activity is aimed at improving the profitability of integrated and sustainable business development by representing long-term, comfortable, predictable system of relationships with the relevant field-specific political stakeholders of the federal and regional levels. The article presents an in-depth analysis of economic concepts of lobbying function.

Temporal trends in BMI in Argentina by socio-economic position and province-level economic development, 2005-2009.

Science.gov (United States)

Christine, Paul J; Diez Roux, Ana V; Wing, Jeffrey J; Alazraqui, Marcio; Spinelli, Hugo

2015-04-01

We investigated temporal trends in BMI, and assessed hypothesized predictors of trends including socio-economic position (SEP) and province-level economic development, in Argentina. Using multivariable linear regression, we evaluated cross-sectional patterning and temporal trends in BMI and examined heterogeneity in these associations by SEP and province-level economic development with nationally representative samples from Argentina in 2005 and 2009. We calculated mean annual changes in BMI for men and women to assess secular trends. Women, but not men, exhibited a strong cross-sectional inverse association between SEP and BMI, with the lowest-SEP women having an average BMI 2.55 kg/m(2) greater than the highest-SEP women. Analysis of trends revealed a mean annual increase in BMI of 0.19 kg/m(2) and 0.15 kg/m(2) for women and men, respectively, with slightly greater increases occurring in provinces with greater economic growth. No significant heterogeneity in trends existed by individual SEP. BMI is increasing rapidly over time in Argentina irrespective of various sociodemographic characteristics. Higher BMI remains more common in women of lower SEP compared with those of higher SEP.

Economic Burden for Lung Cancer Survivors in Urban China.

Science.gov (United States)

Zhang, Xin; Liu, Shuai; Liu, Yang; Du, Jian; Fu, Wenqi; Zhao, Xiaowen; Huang, Weidong; Zhao, Xianming; Liu, Guoxiang; Mao, Zhengzhong; Hu, Teh-Wei

2017-03-15

With the rapid increase in the incidence and mortality of lung cancer, a growing number of lung cancer patients and their families are faced with a tremendous economic burden because of the high cost of treatment in China. This study was conducted to estimate the economic burden and patient responsibility of lung cancer patients and the impact of this burden on family income. This study uses data from a retrospective questionnaire survey conducted in 10 communities in urban China and includes 195 surviving lung cancer patients diagnosed over the previous five years. The calculation of direct economic burden included both direct medical and direct nonmedical costs. Indirect costs were calculated using the human capital approach, which measures the productivity lost for both patients and family caregivers. The price index was applied for the cost calculation. The average economic burden from lung cancer was $43,336 per patient, of which the direct cost per capita was $42,540 (98.16%) and the indirect cost per capita was $795 (1.84%). Of the total direct medical costs, 35.66% was paid by the insurer and 9.84% was not covered by insurance. The economic burden for diagnosed lung cancer patients in the first year following diagnosis was $30,277 per capita, which accounted for 171% of the household annual income, a percentage that fell to 107% after subtracting the compensation from medical insurance. The economic burden for lung cancer patients is substantial in the urban areas of China, and an effective control strategy to lower the cost is urgently needed.

Productivity costs in economic evaluations: past, present, future.

Science.gov (United States)

Krol, Marieke; Brouwer, Werner; Rutten, Frans

2013-07-01

Productivity costs occur when the productivity of individuals is affected by illness, treatment, disability or premature death. The objective of this paper was to review past and current developments related to the inclusion, identification, measurement and valuation of productivity costs in economic evaluations. The main debates in the theory and practice of economic evaluations of health technologies described in this review have centred on the questions of whether and how to include productivity costs, especially productivity costs related to paid work. The past few decades have seen important progress in this area. There are important sources of productivity costs other than absenteeism (e.g. presenteeism and multiplier effects in co-workers), but their exact influence on costs remains unclear. Different measurement instruments have been developed over the years, but which instrument provides the most accurate estimates has not been established. Several valuation approaches have been proposed. While empirical research suggests that productivity costs are best included in the cost side of the cost-effectiveness ratio, the jury is still out regarding whether the human capital approach or the friction cost approach is the most appropriate valuation method to do so. Despite the progress and the substantial amount of scientific research, a consensus has not been reached on either the inclusion of productivity costs in economic evaluations or the methods used to produce productivity cost estimates. Such a lack of consensus has likely contributed to ignoring productivity costs in actual economic evaluations and is reflected in variations in national health economic guidelines. Further research is needed to lessen the controversy regarding the estimation of health-related productivity costs. More standardization would increase the comparability and credibility of economic evaluations taking a societal perspective.

31 CFR 537.411 - Purchase of shares in economic development projects in Burma.

Science.gov (United States)

2010-07-01

... SANCTIONS REGULATIONS Interpretations § 537.411 Purchase of shares in economic development projects in Burma... Burma of shares of ownership, including an equity interest, in the economic development of resources... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Purchase of shares in economic...

Health economic evaluations in orthodontics: a systematic review.

Science.gov (United States)

Sollenius, Ola; Petrén, Sofia; Björnsson, Liselotte; Norlund, Anders; Bondemark, Lars

2016-06-01

Economic evaluation is assuming increasing importance as an integral component of health services research. To conduct a systematic review of the literature and assess the evidence from studies presenting orthodontic treatment outcomes and the related costs. The literature review was conducted in four steps, according to Goodman's model, in order to identify all studies evaluating economic aspects of orthodontic interventions. The search covered the databases Medline, Cinahl, Cochrane, Embase, Google Scholar, National Health Service Economic Evaluation Database, and SCOPUS, for the period from 1966 to September 2014. The inclusion criteria were as follows: randomized controlled trials or controlled clinical trials comparing at least two different orthodontic interventions, evaluation of both economic and orthodontic outcomes, and study populations of all ages. The quality of each included study was assessed as limited, moderate, or high. The overall evidence was assessed according to the GRADE system (The Grading of Recommendations Assessment, Development and Evaluation). The applied terms for searches yielded 1838 studies, of which 989 were excluded as duplicates. Application of the inclusion and exclusion criteria identified 26 eligible studies for which the full-text versions were retrieved and scrutinized. At the final analysis, eight studies remained. Three studies were based on cost-effectiveness analyses and the other five on cost-minimization analysis. Two of the cost-minimization studies included a societal perspective, i.e. the sum of direct and indirect costs. The aims of most of the studies varied widely and of studies comparing equivalent treatment methods, few were of sufficiently high study quality. Thus, the literature to date provides an inadequate evidence base for economic aspects of orthodontic treatment. This systematic review disclosed that few orthodontic studies have presented both economic and clinical outcomes. There is currently

ASEAN: perspectives on economic integration: ASEAN in Asia economic integration

OpenAIRE

Shaobang Kang

2009-01-01

Asia is one continent which has the most dynamic and the fastest developing economies in the world. But Asia’s economic integration is developing too slowly and stands at the lowest level in the world. Many factors have affected Asia’s economic integration but, in the current global financial and economic crisis, it is necessary to strengthen Asian countries’ cooperation in finance, investment and trade to promote Asia’s economic integration. As the healthiest and most integrated regional org...

The relationship between income, economic freedom, and BMI.

Science.gov (United States)

Lawson, R A; Murphy, R H; Williamson, C R

2016-05-01

What explains increases in BMI (and obesity) over time and across countries? Although many microeconomic forces are likely explanations, increasingly scholars are arguing that macroeconomic forces such as market liberalism and globalization are root causes of the obesity epidemic. The purpose of this paper is to examine the impact of economic freedom on obesity conditional on the level of income and other factors. We use an unbalanced pooled cross section of up to 135 countries for 1995 and 2000-2009. Our statistical model specifications include pooled OLS and fixed effects. First, we find that controlling for fixed effects siphons off much of the relationship previously documented between economic freedom and BMI. Second, economic freedom is associated with slightly higher BMIs but only for men in developing nations. Lastly, we show that economic freedom increases life expectancy for both men and women in developing countries. Therefore, policies aimed at reducing obesity that limit economic liberalism may come at the expense of life expectancy in the developing world. Copyright © 2016 The Royal Society for Public Health. Published by Elsevier Ltd. All rights reserved.

Economic analysis of the health impacts of housing improvement studies: a systematic review

Science.gov (United States)

Fenwick, Elisabeth; Macdonald, Catriona; Thomson, Hilary

2013-01-01

Background Economic evaluation of public policies has been advocated but rarely performed. Studies from a systematic review of the health impacts of housing improvement included data on costs and some economic analysis. Examination of these data provides an opportunity to explore the difficulties and the potential for economic evaluation of housing. Methods Data were extracted from all studies included in the systematic review of housing improvement which had reported costs and economic analysis (n=29/45). The reported data were assessed for their suitability to economic evaluation. Where an economic analysis was reported the analysis was described according to pre-set definitions of various types of economic analysis used in the field of health economics. Results 25 studies reported cost data on the intervention and/or benefits to the recipients. Of these, 11 studies reported data which was considered amenable to economic evaluation. A further four studies reported conducting an economic evaluation. Three of these studies presented a hybrid ‘balance sheet’ approach and indicated a net economic benefit associated with the intervention. One cost-effectiveness evaluation was identified but the data were unclearly reported; the cost-effectiveness plane suggested that the intervention was more costly and less effective than the status quo. Conclusions Future studies planning an economic evaluation need to (i) make best use of available data and (ii) ensure that all relevant data are collected. To facilitate this, economic evaluations should be planned alongside the intervention with input from health economists from the outset of the study. When undertaken appropriately, economic evaluation provides the potential to make significant contributions to housing policy. PMID:23929616

The Economic Crisis and Public Health

Directory of Open Access Journals (Sweden)

Victor Sidel

2009-06-01

Full Text Available The current global economic crisis seriously threatens the health of the public. Challenges include increases in malnutrition; homelessness and inadequate housing; unemployment; substance abuse, depression, and other mental health problems; mortality; child health problems; violence; environmental and occupational health problems; and social injustice and violation of human rights; as well as decreased availability, accessibility, and affordability of quality medical and dental care. Health professionals can respond by promoting surveillance and documentation of human needs, reassessing public health priorities, educating the public and policymakers about health problems worsened by the economic crisis, advocating for sound policies and programs to address these problems, and directly providing necessary programs and services.

Non-equilibrium Economics

Directory of Open Access Journals (Sweden)

Katalin Martinás

2007-02-01

Full Text Available A microeconomic, agent based framework to dynamic economics is formulated in a materialist approach. An axiomatic foundation of a non-equilibrium microeconomics is outlined. Economic activity is modelled as transformation and transport of commodities (materials owned by the agents. Rate of transformations (production intensity, and the rate of transport (trade are defined by the agents. Economic decision rules are derived from the observed economic behaviour. The non-linear equations are solved numerically for a model economy. Numerical solutions for simple model economies suggest that the some of the results of general equilibrium economics are consequences only of the equilibrium hypothesis. We show that perfect competition of selfish agents does not guarantee the stability of economic equilibrium, but cooperativity is needed, too.

Economic Darwinism

DEFF Research Database (Denmark)

Sloth, Birgitte; Whitta-Jacobsen, Hans Jørgen

We define an evolutionary process of “economic Darwinism” for playing-the-field, symmetric games. The process captures two forces. One is “economic selection”: if current behavior leads to payoff differences, behavior yielding lowest payoff has strictly positive probability of being replaced...... in the literature. Using this result, we demonstrate that generally under positive (negative) externalities, economic Darwinism implies even more under- (over-) activity than does Nash equilibrium...

Economic assessment of a waste hydrogen utilization project

International Nuclear Information System (INIS)

Zhou, H.; Wang, L.; Zhou, W.; Wu, J.; Wang, Q.

1993-01-01

This article reports an economic assessment on a hydride hydrogen recovery, purification, storage, transportation and application project (HRPSTA) set for a system including a nitrogenous fertilizer plant and a float glass factory. In this project, a pretreatment unit and metal hydride containers are used to recover and purify the hydrogen from the purge gas of the ammonia fertilizer plant and to transport and use the hydrogen in the tin bath in the float glass factory. Detailed economic assessment, cost analysis and a cash flow statement are presented, and financial net present value (NPV), as well as intrinsic rate of return (IRR), is calculated. The results shows that this project, which is feasible technologically, is profitable economically. (Author)

"New Economics"?

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller

1999-01-01

The United States, the United Kingdom and Denmark have all enjoyed a long period of high stable growth and low inflation in the 1990s. Attempts to determine the implications of this have led to the so-called "New Economics", whose advocates claim that the relationship between economic growth and ...... and inflation has fundamentally changes. The following article tests this thesis against current data for the USA.......The United States, the United Kingdom and Denmark have all enjoyed a long period of high stable growth and low inflation in the 1990s. Attempts to determine the implications of this have led to the so-called "New Economics", whose advocates claim that the relationship between economic growth...

Ranking economic history journals

DEFF Research Database (Denmark)

Di Vaio, Gianfranco; Weisdorf, Jacob Louis

2010-01-01

This study ranks-for the first time-12 international academic journals that have economic history as their main topic. The ranking is based on data collected for the year 2007. Journals are ranked using standard citation analysis where we adjust for age, size and self-citation of journals. We also...... compare the leading economic history journals with the leading journals in economics in order to measure the influence on economics of economic history, and vice versa. With a few exceptions, our results confirm the general idea about what economic history journals are the most influential for economic...... history, and that, although economic history is quite independent from economics as a whole, knowledge exchange between the two fields is indeed going on....

Ranking Economic History Journals

DEFF Research Database (Denmark)

Di Vaio, Gianfranco; Weisdorf, Jacob Louis

This study ranks - for the first time - 12 international academic journals that have economic history as their main topic. The ranking is based on data collected for the year 2007. Journals are ranked using standard citation analysis where we adjust for age, size and self-citation of journals. We...... also compare the leading economic history journals with the leading journals in economics in order to measure the influence on economics of economic history, and vice versa. With a few exceptions, our results confirm the general idea about what economic history journals are the most influential...... for economic history, and that, although economic history is quite independent from economics as a whole, knowledge exchange between the two fields is indeed going on....

Economic viability of biogas technology in a Bangladesh village

International Nuclear Information System (INIS)

Biswas, W.K.; Lucas, N.J.D.

1997-01-01

We estimate energy consumption for domestic cooking and biogas energy resources for 21 clusters of households in a village. Data were analyzed on a cluster basis, with investments shared. Under the present conditions, biogas technology would not be economically viable. Economic analysis involving viability tools including additional benefits of biogas technology indicate that creating a market for local biogas would make such a project feasible. (Author)

International symposium on energy, environment and economics: Transactions

International Nuclear Information System (INIS)

Colville, E.J.

1995-01-01

The conference deals with a comprehensive range of topics on energy sources and technologies, the economic impacts of energy use and production, and environmental issues. The papers are grouped into chapters covering environmental policy, environment education, environment economics, new and renewable energy sources, utilities, electricity and planning software, domestic energy, commercial energy, heat pumps and cogeneration, and transport. A number of un-presented papers and abstracts of contributions are included. Relevant papers are individually indexed/abstracted. Tabs. figs., refs

Personal Finances during the Economic and Financial Crisis

OpenAIRE

Ioana LUPASC; Adrian LUPASC

2012-01-01

The crisis is unfortunately a negative feature specific to recent years which has affected most areas of activity in many countries, including the powerful economical ones. As a direct consequence, the crisis has had a significant and direct impact on people's personal finances. In this paper we propose different solutions which lead to a better administration of personal finances, so that the involved actors to be able to manage difficult situations made by the economic and financial crisis....

Economic summary of woody biomass direct combustion and gasification alternatives

Science.gov (United States)

1981-08-01

A base case analysis indicates that acceptable rates of return on investment are possible when utilizing wood as a commercial scale boiler fuel. Principal variables include the availability of cost competitive wood fuel over the term of the loan and overall installed cost for the system. In some cases the cost of coal at the point of end use will be comparable with wood. Hardware costs will determine system economics and applicable air quality standards, or lack thereof, will play an important role. The overall economics of using wood for fuel are extremely site specific. The additional 10 percent energy tax credit greatly enhances the economics of a wood fired system, although system economics are very attractive without this tax incentive. Cost of money does not seem to drastically affect overall system economics.

Economic considerations/comparisons for the disposal of defense high-level waste

International Nuclear Information System (INIS)

Leclaire, D.B.; Lazur, E.G.

1985-01-01

This paper provides a summary, in a generic sense, of the economic considerations and comparisons of permanent isolation of defense high-level waste (DHLW) in a licensed geologic repository. Topics considered include underground disposal, economic analysis, comparative evaluations, national defense, radioactive waste facilities, and licensing

Working under pressure: economic recession and third sector development in Europe

NARCIS (Netherlands)

Pape, U.D.; Chaves-Ávila, R.; Pahl, J.B.; Petrella, F.; Pielinski, B.; Savall-Morera, T.

2016-01-01

The context conditions for third sector organizations (TSOs) in Europe have significantly changed as a result of the global economic crisis, including decreasing levels of public funding and changing modes of relations with the state. The effect of economic recession, however, varies across Europe.

Economic approach of the environment and environmental conservation

International Nuclear Information System (INIS)

Verbruggen, A.

2008-01-01

This book takes the non-economist by the hand in a step-by-step economic approach of environmental issues and how to handle them. Two chapters provide an introduction to the concepts of the economy, chapter six in decision theory. In the first chapter, the economist discovers a broader vision by testing the economic approach to insights from other disciplines. Chapter 4 explains how economic reasoning can contribute tot environmental protection in practice. The consideration of the costs and benefits of environmental protection indicates objectives that must be pursued for the community. The conflict between private and public interest forces policy makers to get and maintain the numerous polluters focused on environmental protection. Suitable instruments are discussed in chapter five, including criteria for choice and an in-depth study of the economic instruments levies and tradable emission permits. The EU Emission trading Scheme is used as reference. [mk] [nl

Economic inequality and economic crisis: a challenge for social workers.

Science.gov (United States)

Goldberg, Gertrude Schaffner

2012-07-01

To social workers, extreme economic inequality is primarily a violation of social justice, but this article shows how growing economic inequality since the mid-1970s was not only unjust, but also dysfunctional to the U.S. economy and linked to the recent economic crisis with its devastating effects, particularly on the social work clientele. The article identifies interrelated changes in ideology, the market economy, and government policies since the mid-1970s; contrasts the political economy of this period with the preceding post-World War II decades when the trend was toward a "shared prosperity"; and shows how increased economic inequality and political consequences that undermined democracy itself contributed to the economic meltdown. The analysis has implications for the direction of social reform and for broadening the constituency of social movements in pursuit of the social work mission of social justice. How social workers can contribute to such movements and to a reduction of economic and political inequality is explored.

Socio-economic aspects of different biofuel development pathways

International Nuclear Information System (INIS)

Duer, Henrik; Christensen, Pernille Ovre

2010-01-01

There are several policy drivers for biofuels on a larger scale in the EU transport sector, including increased security of energy supply, reduced emission of greenhouse gases (GHG), and new markets for the agricultural sector. The purpose of this socio-economic cost analysis is to provide an overview of the costs of meeting EU biofuels targets, taking into account several external costs and benefits. Biofuels are generally more expensive than traditional fossil fuels, but the expected increasing value of GHG emission reductions will over time reduce the cost gap. High crude oil prices significantly improve the economic benefit of biofuels, but increased demand for biomass for energy purposes is likely to increase the price of biofuels feedstock and biofuels costs. The key question is to what extent increasing oil prices will be passed on to biofuels costs. Socio-economic least costs for biofuels production require a market with a clear pricing of GHG emissions to ensure that this factor is included in the decision-making of actors in all links of the fuel chain.

25 CFR 170.411 - What may a long-range transportation plan include?

Science.gov (United States)

2010-04-01

...) Social and economic development planning to identify transportation improvements or needs to accommodate... 25 Indians 1 2010-04-01 2010-04-01 false What may a long-range transportation plan include? 170.411 Section 170.411 Indians BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR LAND AND WATER INDIAN...

The scope of costs in alcohol studies: Cost-of-illness studies differ from economic evaluations

Directory of Open Access Journals (Sweden)

Tariq Luqman

2010-07-01

Full Text Available Abstract Background Alcohol abuse results in problems on various levels in society. In terms of health, alcohol abuse is not only an important risk factor for chronic disease, but it is also related to injuries. Social harms which can be related to drinking include interpersonal problems, work problems, violent and other crimes. The scope of societal costs related to alcohol abuse in principle should be the same for both economic evaluations and cost-of-illness studies. In general, economic evaluations report a small part of all societal costs. To determine the cost- effectiveness of an intervention it is necessary that all costs and benefits are included. The purpose of this study is to describe and quantify the difference in societal costs incorporated in economic evaluations and cost-of-illness studies on alcohol abuse. Method To investigate the economic costs attributable to alcohol in cost-of-illness studies we used the results of a recent systematic review (June 2009. We performed a PubMed search to identify economic evaluations on alcohol interventions. Only economic evaluations in which two or more interventions were compared from a societal perspective were included. The proportion of health care costs and the proportion of societal costs were estimated in both type of studies. Results The proportion of healthcare costs in cost-of-illness studies was 17% and the proportion of societal costs 83%. In economic evaluations, the proportion of healthcare costs was 57%, and the proportion of societal costs was 43%. Conclusions The costs included in economic evaluations performed from a societal perspective do not correspond with those included in cost-of-illness studies. Economic evaluations on alcohol abuse underreport true societal cost of alcohol abuse. When considering implementation of alcohol abuse interventions, policy makers should take into account that economic evaluations from the societal perspective might underestimate the total

Skill Shortages in the Trades during Economic Downturns. Occasional Paper

Science.gov (United States)

Oliver, Damian

2011-01-01

During the recent economic downturn, media and industry reports of skill shortages in the trades continued to appear. The intent of this paper is to examine the evidence for skill shortages in the trades persisting during the economic downturns over the last 20 years, using various indicators. These include employment growth, vacancy rates,…

Monitoring the Implementation of State Regulation of National Economic Security

Directory of Open Access Journals (Sweden)

Hubarieva Iryna O.

2018-03-01

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

Economic evaluation of investment in electricity conservation

International Nuclear Information System (INIS)

Becker, Nir; Fishman, Yaron; Lavee, Doron

2008-01-01

The paper presents an economic study of the potential for energy conservation in Israel. We analyze energy conservation policies targeted at the household sector, focusing on the economic feasibility of scrapping old household electrical appliances, and considering the effect of such policies at both the household and the macro-economic level. The results of our analysis show that the appliance that provides the most potential conservation is the air conditioner (used for both heating and cooling). A scrapping program for old air conditioners passes a cost benefit analysis (CBA) even when external benefits are excluded from the calculation. When external benefits are included, scrapping programs for both washing machines and dishwashers pass the test as well. According to our findings, the annual economic benefit of a program involving the scrapping of 100,000 air conditioners, 45,000 washing machines and 15,000 dishwashers per annum over 10 years ranges from 246 million New Israeli Shekels (NIS) in the first year of implementation to 693 million in the tenth year. Most of the savings are derived from the scrapping of air conditioners

Ecosystem services and economic theory: integration for policy-relevant research.

Science.gov (United States)

Fisher, Brendan; Turner, Kerry; Zylstra, Matthew; Brouwer, Roy; de Groot, Rudolf; Farber, Stephen; Ferraro, Paul; Green, Rhys; Hadley, David; Harlow, Julian; Jefferiss, Paul; Kirkby, Chris; Morling, Paul; Mowatt, Shaun; Naidoo, Robin; Paavola, Jouni; Strassburg, Bernardo; Yu, Doug; Balmford, Andrew

2008-12-01

It has become essential in policy and decision-making circles to think about the economic benefits (in addition to moral and scientific motivations) humans derive from well-functioning ecosystems. The concept of ecosystem services has been developed to address this link between ecosystems and human welfare. Since policy decisions are often evaluated through cost-benefit assessments, an economic analysis can help make ecosystem service research operational. In this paper we provide some simple economic analyses to discuss key concepts involved in formalizing ecosystem service research. These include the distinction between services and benefits, understanding the importance of marginal ecosystem changes, formalizing the idea of a safe minimum standard for ecosystem service provision, and discussing how to capture the public benefits of ecosystem services. We discuss how the integration of economic concepts and ecosystem services can provide policy and decision makers with a fuller spectrum of information for making conservation-conversion trade-offs. We include the results from a survey of the literature and a questionnaire of researchers regarding how ecosystem service research can be integrated into the policy process. We feel this discussion of economic concepts will be a practical aid for ecosystem service research to become more immediately policy relevant.

Ecological Economics: Themes, Approaches, and Differences with Environmental Economics

OpenAIRE

Jeroen C.J.M. van den Bergh

2000-01-01

This provides a short overview of the main themes of ecological economics (EE). It isargued that EE provides a platform that fosters multidisciplinary environmental research bybringing together the core contributing disciplines economics and ecology. In addition, EE isregarded as a pluralistic approach to environmental research that can be set opposite to, and hasindeed developed as a response to, traditional environmental and resource economics. Acomparison of the two fields is presented to ...

CALCULATING ECONOMIC RISK AFTER HANFORD CLEANUP

International Nuclear Information System (INIS)

Scott, Michael J.

2003-01-01

Since late 1997, researchers at the Hanford Site have been engaged in the Groundwater Protection Project (formerly, the Groundwater/Vadose Zone Project), developing a suite of integrated physical and environmental models and supporting data to trace the complex path of Hanford legacy contaminants through the environment for the next thousand years, and to estimate corresponding environmental, human health, economic, and cultural risks. The linked set of models and data is called the System Assessment Capability (SAC). The risk mechanism for economics consists of ''impact triggers'' (sequences of physical and human behavior changes in response to, or resulting from, human health or ecological risks), and processes by which particular trigger mechanisms induce impacts. Economic impacts stimulated by the trigger mechanisms may take a variety of forms, including changes in either costs or revenues for economic sectors associated with the affected resource or activity. An existing local economic impact model was adapted to calculate the resulting impacts on output, employment, and labor income in the local economy (the Tri-Cities Economic Risk Model or TCERM). The SAC researchers ran a test suite of 25 realization scenarios for future contamination of the Columbia River after site closure for a small subset of the radionuclides and hazardous chemicals known to be present in the environment at the Hanford Site. These scenarios of potential future river contamination were analyzed in TCERM. Although the TCERM model is sensitive to river contamination under a reasonable set of assumptions concerning reactions of the authorities and the public, the scenarios show low enough future contamination that the impacts on the local economy are small

CALCULATING ECONOMIC RISK AFTER HANFORD CLEANUP

Energy Technology Data Exchange (ETDEWEB)

Scott, M.J.

2003-02-27

Since late 1997, researchers at the Hanford Site have been engaged in the Groundwater Protection Project (formerly, the Groundwater/Vadose Zone Project), developing a suite of integrated physical and environmental models and supporting data to trace the complex path of Hanford legacy contaminants through the environment for the next thousand years, and to estimate corresponding environmental, human health, economic, and cultural risks. The linked set of models and data is called the System Assessment Capability (SAC). The risk mechanism for economics consists of ''impact triggers'' (sequences of physical and human behavior changes in response to, or resulting from, human health or ecological risks), and processes by which particular trigger mechanisms induce impacts. Economic impacts stimulated by the trigger mechanisms may take a variety of forms, including changes in either costs or revenues for economic sectors associated with the affected resource or activity. An existing local economic impact model was adapted to calculate the resulting impacts on output, employment, and labor income in the local economy (the Tri-Cities Economic Risk Model or TCERM). The SAC researchers ran a test suite of 25 realization scenarios for future contamination of the Columbia River after site closure for a small subset of the radionuclides and hazardous chemicals known to be present in the environment at the Hanford Site. These scenarios of potential future river contamination were analyzed in TCERM. Although the TCERM model is sensitive to river contamination under a reasonable set of assumptions concerning reactions of the authorities and the public, the scenarios show low enough future contamination that the impacts on the local economy are small.

Malaysia: Political, Security, Economic, and Trade Issues Considered

National Research Council Canada - National Science Library

Vaughn, Bruce; Martin, Michael

2007-01-01

This report discusses key aspects of the U.S.-Malaysia relationship, including economics and trade, counterterrorism cooperation, defense ties, and Malaysia's external posture as it affects Amen can interests...

Ethiopian Journal of Business and Economics (The): Submissions

African Journals Online (AJOL)

Contributions to EJBE from academics and practitioners in the fields of Accounting and Finance, Economics, Business Management and Public ... During submission corresponding authors should include their full contact address.

Financial relationships in economic analyses of targeted therapies in oncology.

Science.gov (United States)

Valachis, Antonis; Polyzos, Nikolaos P; Nearchou, Andreas; Lind, Pehr; Mauri, Davide

2012-04-20

A potential financial relationship between investigators and pharmaceutical manufacturers has been associated with an increased likelihood of reporting favorable conclusions about a sponsor's proprietary agent in pharmacoeconomic studies. The purpose of this study is to investigate whether there is an association between financial relationships and outcome in economic analyses of new targeted therapies in oncology. We searched PubMed (last update June 2011) for economic analyses of targeted therapies (including monoclonal antibodies, tyrosine-kinase inhibitors, and mammalian target of rapamycin inhibitors) in oncology. The trials were qualitatively rated regarding the cost assessment as favorable, neutral, or unfavorable on the basis of prespecified criteria. Overall, 81 eligible studies were identified. Economic analyses that were funded by pharmaceutical companies were more likely to report favorable qualitative cost estimates (28 [82%] of 34 v 21 [45%] of 47; P = .003). The presence of an author affiliated with manufacturer was not associated with study outcome. Furthermore, if only studies including a conflict of interest statement were included (66 of 81), studies that reported any financial relationship with manufacturers (author affiliation and/or funding and/or other financial relationship) were more likely to report favorable results of targeted therapies compared with studies without financial relationship (32 [71%] of 45 v nine [43%] of 21; P = .025). Our study reveals a potential threat for industry-related bias in economic analyses of targeted therapies in oncology in favor of analyses with financial relationships between authors and manufacturers. A more balanced funding of economic analyses from other sources may allow greater confidence in the interpretation of their results.

EXPENSES FOR ECONOMIC ACTIVITIES FROM LOCAL BUDGETS

Directory of Open Access Journals (Sweden)

CRISTINEL ICHIM

2015-04-01

Full Text Available In the present article we propose to analyze and deepen significant categories of costs funded from the local budgets, namely the expenditure for economic activities. Our scientific approach begins with determining the place occupied by such expenses in local public expenditure by specifying their content and role. The center of gravity of the study is to treat and deepen the three subgroups of expenses that we consider representative: "The expenses for production, transportation, distribution and supply of heat in a centralized system", "Transport Costs" and Expenditure for agriculture and forestry ". The reaserch is based on the quantitative analysis of the expenses for economic actions, in local budgets, based on the existing data from the Statistical Yearbook of Romania, and highlights the structure of this type of expenses as well as the place they hold in the expediture of local budgets.The study includes an analysis of the dynamics of the share held by economic costs within total expenses from local budgets. From the reaserch carried out, it is shown that the evolution and structure of the expenditures for economic actions from local budgets is determined by the action of certain economical and social factors that vary from one administrative teritorial unit to another: the ray of economical develpoment of the administrative ter itorial unit, urbanization, the number and social structure of the population. The reaserch shows that in the field of expenses for economic actions, the largest share is held by expenditures for transportation (almost 80%, far away from the expenses for fuel and energy (13,66%. During the 1999-2013 the dynamic of expenses for economical actions in the total of expenditures of local budgets, is sinusoidal due to the intervention of certain legislative changes.

Modelling Dynamics of Main Economic Indicators of an Enterprise

Directory of Open Access Journals (Sweden)

Sherstennykov Yurii V.

2014-03-01

Full Text Available The article develops an economic and mathematical model of dynamics of main economic indicators of an enterprise, reflected in six book-keeping accounts with consideration of logistics and interrelation with current market characteristics and needs of products consumers. It applies this model for a quantitative study of influence of an advertising campaign and seasonality upon quantitative indicators of economic activity of the enterprise. The enterprise operation programme includes internal financial and economic procedures, which ensure the production process, and also connection with suppliers and buyers (customers. When setting different initial conditions, it is possible to trace transitional processes and enterprise entering (under favourable conditions the stationary mode of operation or its laying-off (in case of insufficiency of circulating funds. The developed model contains many parameters, which allow not only study of dependence of enterprise operation on alteration of one of them but also optimisation of economic conditions of functioning.

Inclusion and Implementation of Socio-Economic Considerations in GMO Regulations: Needs and Recommendations

Directory of Open Access Journals (Sweden)

Rosa Binimelis

2016-01-01

Full Text Available Socio-economic considerations are included in the regulatory frameworks on genetically modified organisms (GMOs of many countries. This is a reflection of an increasing interest in and recognition of the necessity to consider a broader range of issues when conducting a GMO risk assessment. At the same time, there are discussions about how socio-economic considerations can be identified and how their assessment can be carried out. To provide an understanding of the advances achieved so far, we describe the state of the art of existing biosafety institutional frameworks, legislation and policies with provisions on socio-economic considerations. We analyse the scope of the socio-economic considerations that have been included, the methodological options taken and the role of participatory processes and stakeholders involvement in the GMO-related decision-making. Since many of the countries that have legislation for assessing socio-economic considerations lack implementation experience, we provide an analysis of how implementation has evolved in Norway with the intention to illustrate that the inclusion of socio-economic considerations might be based on a learning process. Norway was the first country to include broader issues in its GMO assessment process, and is at present one of the countries with the most experience on implementation of these issues. Finally, we emphasise that there is a great need for training on how to perform assessments of socio-economic considerations, as well as reflection on possible ways for inclusion of participatory processes.

The Economics of America's Energy Future.

Science.gov (United States)

Simmons, Henry

This is an Energy Research and Development Administration (ERDA) pamphlet which reviews economic and technical considerations for the future development of energy sources. Included are sections on petroleum, synthetic fuels, oil shale, nuclear power, geothermal power, and solar energy. Also presented are data pertaining to U.S. energy production…

Ethiopian Journal of Economics

African Journals Online (AJOL)

The Ethiopian Economic Journal of Economics is a publication of the Ethiopian Economic Association. It is a bi annual publication devoted to the advancement of economics as a scientific discipline in Ethiopia. However, contributions of articles by non-Ethiopian and on economic experience of other countries are ...