“Recessions are easily recognizable from a decrease in GDP. What really should interest us, however, is the difference between the potential of an economy and its actual performance” said Stiglitz in 2002. In the literature two approaches of productivity and efficiency analysis can be found, namely neoclassical approach and a frontier approach know as data envelopment analysis (DEA). Under neoc...

Macro-control is an important system of regulation in the body of socialist market economy; it plays a significant role in the social economy. To make it come into play, it is necessary for us to avoid the grave twists in the economy development. For the past few years, the unbalance of our economy development and the speculation makes a negative effect to the normal development of socialist ec...

The two-volume report describes the development of, and provides information needed to operate, the Economic Growth Analysis System (E-GAS) model. The model will be used to project emissions inventories of volatile organic compounds (VOCs), oxides of nitrogen (NO X), and carbon monoxide (CO) for ozone nonattainment areas and Regional Oxidation Model (ROM) model-ing regions. The report details t...

The empirical relationship between trade protection and economic growth is surprisingly fragile, as shown in a number of other papers. After demonstrating this empirical sensitivity, we address one possible explanation for these findings: that the relationship is nonlinear. Following the endogenous growth literature, we test for the possibility that the relationship between trade barriers and g...

The rise of a transitions discourse in Dutch environmental policy is analysed. This new approach to environmental policy seeks radically more sustainable socio-technical systems. As such, its agenda constitutes the latest twist in attempts at ecological modernisation, aiming to decouple economic growth from harmful environmental degradation. The coalescence and influence of a transitions discou...

While a number of studies have addressed the economic cost associated with adverse health and productivity effects of poor indoor air quality (IAQ), few have addressed the value of economic expenditures and job creation associated with this industry. This article estimates that the annual sale of IAQ products and services is valued at $18-$30 billion and is associated with approximately 150,000...

It is universally accepted that Information Communication Technologies (ICT) offer immense opportunities for the comprehensive social and economic development of the people all over the world. Without its adoption, there is little chance for countries or regions to develop. However, the potential of ICT as a technology for promoting micro-enterprises by poor women is still unused in many countr...

In the last 30 years, China has achieved high economic growth and successfully transformed its economy from a planned economy to a market-based system. The country, to a large extent, has attained success through the recommendations proposed by standard economic theory. However, the role of political economy has been omitted from the literature: how did China adopt the right economic policies a...

Indeed, one of the …rst lessons one learns from studying a variety of hypothetical models is that the problem of economic stabilization is, even in principle, an extremely intricate one, and that a much more thorough investigation of both theoretical principles and empirical relationships would be needed before detailed policy recommendations could be justi…ed.”A. W. Phillips (1957, reprinted 1...

This paper describes how the proper priority structure of non-linear goal programming (NLGP) model can be selected for obtaining economic order quantity(EOQ) of multi-item inventory problems. In the solution process, sensitivity analysis of the priority under the given weight structure of goals has been performed. A set of solution is obtained. From the solutions, the ideal solution is identifi...