The phenomenal success of East Asian economies has centered attention on the source of their economic growth. Recent studies based on neoclassical theory have produced controversial results: the most important source of economic growth of the East Asian countries (except Japan) is capital accumulation, and the estimated rate of technological progress is very small and, in some cases, substantia...

Due to the advance of technology, manufacturers’ marketing strategies and quickly changing consumer tastes, numerous products such as fashionable apparel, clothing accessories and consumer electronics are liable to face the problem of short lifespan and obsolescence. Therefore, three related aspects are addressed in this paper. Firstly, we derive a time-dependent demand model for single-period ...

emphasis on milk yield (my) as well as milk yield persistency (myp) and calving interval (ci) is necessary to achieve more sustainable productionin dairy cattle. therefore the main objective of this study was to find an optimum regression model to estimate economic values for my, myp and ci.using a deterministic bio-economic model, seventyfiveproduction states differing mainly in my, mypand ciw...

A new economic approach to process capability assessment is presented, which differs from the commonly used engineering metrics. The proposed metric consists of two economic capability measures – the expected profit and the variation in profit of the process. This dual economic metric offers a number of significant advantages over other engineering or economic metrics used in process capability...

Unlike accounting earnings, economic profit (EVA) is a measure of a company's true earnings because it fully "accounts" for the costs of all forms of financing, including debt and equity. In the EVA view, a company is not truly profitable unless it earns a return on capital that bests the opportunity cost of capital. That being said, the question addressed here is how to measure the economic pr...

Economic weights for sow productivity traits in pure-line pig populations were derived from a single profit equation in order to provide flexibility to alternative market requirements or production systems. The profit function method was modified to account for differences in piglet perinatal survival environment imposed by litter size at birth. Both the 100kg finished pig and the feeder pig ma...

AIM To perform SWOT (strengths, weaknesses, opportunities, and threats) analysis of a clinical laboratory as an economic model that may be used to improve business performance of laboratories by removing weaknesses, minimizing threats, and using external opportunities and internal strengths. METHODS Impact of possible threats to and weaknesses of the Clinical Laboratory at Našice General Coun...