The Hebei Spirit oil spill (HSOS) in December 7, 2007 spilled approximately 10,900 tons of crude oil in about 10 km off the Taean coasts in South Korea. We first summarize and overview, in the present study, the current status of environmental and ecological effects of the HSOS focusing on i) pollution status for surrounding environment (water, sediment, and porewater), ii) biological effects o...

Rural households in developing countries often depend on agriculture for their livelihoods. However, many also pursue off-farm economic activities either to complement farm income or because they lack access agricultural land. employment is informal and temporary. Searching jobs can be associated with high transaction costs, which may a constraint some households’ participation employment. The ...

Energy demand is increasing dramatically because of the fast industrial development, rising population, expanding urbanization, and economic growth in the world. To fulfill this energy demand, a large amount of fuel is widely used from different fossil resources. Burning of fossil fuels has caused serious detrimental environmental consequences. The application of biodiesel has shown a positive ...

China's income distribution has experienced tremendous changes since the economic reform. Labor economists have reached a consensus that the income inequality has spiked in the decade from 1980s to 1990s while there has been some debate for the following decade in its income distribution trend. Along with the economic reform, the unparalleled enormous internal migration population has become an...

Recent theoretical work hypothesizes that a polarized society like South Africa will suffer a legacy of ineffective social capital and blocked pathways of upward mobility that leaves large numbers of people trapped in poverty. To explore these ideas, this paper employs a mix of quantitative and qualitative methods. Novel econometric analysis of asset dynamics over the 1993 to 1998 period identi...

Recent theoretical work hypothesizes that a polarized society like South Africa will suffer a legacy of ineffective social capital and blocked pathways of upward mobility that leaves large numbers of people trapped in poverty. To explore these ideas, this paper employs a mix of quantitative and qualitative methods. Novel econometric analysis of asset dynamics over the 1993 to 1998 period identi...

This essay aims at a broad, main-stream account of the literature on inequality and poverty measurement in the space of income and, additionally, deals with measures of disparity and deprivation in the more expanded domain of capabilities and functionings. In addition to an introductory and a concluding part, the paper has four sections. The first of these, on measurement of income inequality, ...

We review the prospects of using yeasts and microalgae as sources of cheap oils that could be used for biodiesel. We conclude that yeast oils, the cheapest of the oils producible by heterotrophic microorganisms, are too expensive to be viable alternatives to the major commodity plant oils. Algal oils are similarly unlikely to be economic; the cheapest form of cultivation is in open ponds which ...

The American Jobs Creation Act of 2004 provided a substantial tax benefit to U.S. multinational corporations (MNCs) in the form of a temporary 85 percent deduction for repatriated dividends. An unforeseen consequence of this tax holiday may have also been to induce firms to reallocate domestic corporate profits toward low-tax foreign subsidiaries for immediate repatriation and thereby escape hi...