Search results for "Macroeconomic"
showing 10 items of 503 documents
Renewable energy evaluation in Italy and Brazil
2017
The aim of this study is a comparison among Italian and Brazilian electrical energy system with a particular focus on renewable energy sources. The energy sector has a key role in the sustainable development of a country, so it influences economic and political choices. The work would underline differences, common point among two country, specially, in this particular socio-economic period and it should emphasize that green economy could be a possible answer to the financial crisis. The work will be divided into four sections: Section I will introduce all details of the question; Section II will explain the renewable assessments for the countries, Section III will talks how renewable energy…
Adoption of Green Environmental Practices in Small and Medium-Sized Enterprises: Entrepreneur and Business Policies Patterns in Romania
2021
Current research shows that SMEs’ social and environmental actions are fragmented and informal, and few have formal policies and intentions. At the same time, many SMEs are engaged with environmental policies, often not knowing it. Concurrently, there is a gap between the pro-environmental attitudes of the SMEs managers, who are often seen as the main drivers for the firm’s behavior, and the policies implemented in reality in their firms. To this end, our research’s objective is to explore pro-environmental behavior, both at the individual and firm level, to identify connections between these levels and measures but also with firm’s and managers’ demographics, based on a study of Romanian S…
Average Tax Rate Cyclicality in OECD Countries: A Test of Three Fiscal Policy Theories
2011
This paper investigates the cyclical properties of the average effective tax rate in 26 OECD countries over 1965-2003 in order to test the validity of three theories of fiscal policy: (i) the standard Keynesian theory which recommends that tax policy should be counter-cyclical, (ii) the Tax Smoothing hypothesis, which implies that changes in GDP should be uncorrelated with tax rates, and (iii) the positive theory of Battaglini and Coate (2008) which predicts that the average tax rate should be negatively correlated with GDP. Our main finding is that the correlations of tax rates with cyclical GDP are generally quite small and statistically indistinguishable from zero. This finding is quite …
Quantifying the Potential Economic Benefits of Flexible Industrial Demand in the European Power System
2018
The envisaged decarbonization of the European power system introduces complex techno-economic challenges to its operation and development. Demand flexibility can significantly contribute in addressing these challenges and enable a cost-effective transition to the low-carbon future. Although extensive previous work has analyzed the impacts of residential and commercial demand flexibility, the respective potential of the industrial sector has not yet been thoroughly investigated despite its large size. This paper presents a novel, whole-system modeling framework to comprehensively quantify the potential economic benefits of flexible industrial demand (FID) for the European power system. This …
Territorial Gap and Territorial Distribution of Public Investments in Italy
2021
The problem of regional imbalances is a central issue in the cohesion policy debate in Europe. This paper verifies whether the territorial dynamics of in-vestment (and especially of public investment) in Italy has satisfied the principle of territorial rebalancing between the Central-Northern areas and the “Mezzogiorno” regions. The empirical evidence produced by the analy-sis of the flows of capital expenditure of investments, using the data of the territorial public accounts system, shows that the territorial gaps in recent years have widened, penalizing the regions of the South. It is necessary to think of a differential dynamic in the overall territorial flows of invest-ments in order t…
The total social costs of constructing and operating a high-speed rail line using a case study of the Riyadh-Dammam Corridor, Saudi Arabia
2019
Introducing a High-Speed Rail technology between the Saudi Arabian cities starts raising many challenging issues of different nature ranging from technical to operational, which require huge investments in infrastructure, operations and maintenance. Background information about the development of HSR worldwide to date is included. However, the main aim of this paper is to determine a methodology to estimate the full cost of travel and provide insights into the working model developed to include the calculations of the total social costs of building a new HSR line for the Riyadh-Dammam corridor in Saudi Arabia and understand in what circumstances it is a suitable technology to use. The Sprea…
Are tariffs bad for growth? Yes, say five decades of data from 150 countries☆
2020
Abstract The empirical evidence on the growth effects of import tariffs is sparse in the literature, notwithstanding strong views held by the public and politicians. Using an annual panel of macroeconomic data for 151 countries over 1963–2014, we find that tariff increases are associated with an economically and statistically sizeable and persistent decline in output growth. Thus, fears that the ongoing trade war may be costly for the world economy in terms of foregone output growth are justified.
Governance forms drivers in bio-pharmaceutial inter-firm relationships
2012
Networking benefits are acknowledged by many studies in the industrial organization and strategic management fields; transaction cost theory agency and property right theory provide the economic foundations to the market-hierarchy dilemma; while Resource based-view (RBV), relational and evolutionary theories provide the strategic foundation of the inter-firm relationships. All this theoretical strands investigate reasons that push firms to formalize their relationship in different governance structures. The bio-pharmaceutical industry has the characteristics to offer to the potential partners both exploitation or exploration alliances benefits. In particular some elements play a “pivot” rol…
E-Government in Marketing a Country: A Strategy for Reducing Transaction Cost of Doing Business in Tanzania
2011
Published version of an article in International Journal of Marketing Studies, 3(4), 2-16. Also available from the publisher at http://dx.doi.org/10.5539/ijms.v3n4p2 There are limited studies examining the role of Investment Promotion Agencies (IPA’s) and their respective marketing techniques used in attracting Foreign Direct Investment (FDI). Using an exploratory case study approach, this article addresses this research gap by exploring the role of e-government as a promotion technique in eliminating barriers to FDI inflows in Tanzania; particularly barriers related to information accessibility and bureaucratic procedures facing foreign investors in acquiring relevant licenses and business…
Attitudes towards the Transatlantic Trade and Investment Partnership in the European Union: The treaty partner heuristic and issue attention
2018
Why has the Transatlantic Trade and Investment Partisanship met with strong public resistance among some Europeans and in some European Union member states, but not in others? This article argues that one important perspective to explain the pattern of support for TTIP is the role of heuristic opinion formation and issue attention. Analysing multiple waves of Eurobarometer data, I find that views of the two treaty partners, the US and the European Union, shape attitudes towards TTIP and that the largely post-materialist concerns over TTIP resonated specifically in those European countries whose citizens’ attention was less focused on economic issues. In showing how opinions towards concret…