Search results for "consumption"
showing 10 items of 1796 documents
The Economic Impact of Water Taxes: A Computable General Equilibrium Analysis with an International Data Set
2006
Water is scarce in many countries. One instrument to improve the allocation of a scarce resource is (efficient) pricing or taxation. However, water is implicitly traded on international markets, particularly through food and textiles, so that impacts of water taxes cannot be studied in isolation, but require an analysis of international trade implications. We include water as a production factor in a multi-region, multi-sector computable general equilibrium model (GTAP), to assess a series of water tax policies. We find that water taxes reduce water use, and lead to shifts in production, consumption, and international trade patterns. Countries that do not levy water taxes are nonetheless af…
A Game Theory Approach and Tariff Strategy for Demand Side Management
2018
Demand side management in smart grid environment with smart meters, renewable energy sources, different kind of consumers etc. is a complex problem. To optimize the problem game theory methodology is used. Game theory approach provide win-win situation between consumers and utilities. Objective of the paper is to find the Nash equilibrium between consumer and utility when utility is supplied through green energy sources. Mathematical modeling of consumption and utilization derived a Nash equilibrium point where consumer and utility both get maximum payoffs. Results shows that energy consumption cost is reduce by applying game theory approach.
Environmental sustainability in non-residential buildings by automating and optimization LENI index
2018
Directive 2002/91 / EC as amended by 2010/31 / EU introduces procedures for energy certification aimed to determine, through the numerical indicators, the overall energy efficiency of the buildings, but notes the thermal and electric consumption. Often, the power consumption is incorrectly underestimated, this consumption would to be considered with great attention. In fact, compared to a committed capacity of less, compared to thermal plants, have times of utilization often far higher, leading to energy requirements to levels similar or even higher than those thermal, being the conversion factor of the electrical energy increasingly high. Leaving aside the procedural scheme energy certific…
A pattern recognition approach for peak prediction of electrical consumption
2016
Predicting and mitigating demand peaks in electrical networks has become a prevalent research topic. Demand peaks pose a particular challenge to energy companies because these are difficult to foresee and require the net to support abnormally high consumption levels. In smart energy grids, time-differentiated pricing policies that increase the energy cost for the consumers during peak periods, and load balancing are examples of simple techniques for peak regulation. In this paper, we tackle the task of predicting power peaks prior to their actual occurrence in the context of a pilot Norwegian smart grid network.
Consumption patterns, development and growth: Adam Smith, David Ricardo and Thomas Robert Malthus
2003
In this paper we combine the classical analysis of luxury consumption with the classical theories of development and growth. We also focus on the role played, within classical economics, by institutional factors such as the structure of property rights and contractual arrangements in determining consumption patterns and investment in agriculture. In particular, we show that Ricardo's and Malthus' different views on the role of consumption expenditure in promoting growth depend on Ricardo's acceptance (Malthus' refusal) of Say's law of markets and on Ricardo's exclusion (Malthus' inclusion) of a non-commodity option such as leisure from (in) the range of available consumption alternatives.
TRENDS IN THE DEVELOPMENT OF INTEGRATED MARKETING COMMUNICATION IN THE CONTEXT OF DIGITAL MARKETING
2019
Nowadays, in the context of digital marketing and social media development, with the advantages given by technologies and the vast possibilities of communication among consumers, businesses find the implementation of integrated marketing communication influenced by the Internet as a marketing communication environment where businesses are urged into a customer-centric approach by the consumers’ changing habits of receiving information. This results in an increased role of content marketing, relationship orientation, dialogue and network communication, management of multiple stakeholders etc., which envisages consumer involvement with a view to mitigating the consequences caused by the obsta…
Government consumption volatility and the size of nations
2016
This paper analyzes the relation between government consumption volatility and country size. Using an unbalanced sample of 160 countries from 1960 to 2010, it finds that smaller countries have more volatile government consumption. Moreover, while this relation is more negative for more volatile economies, there is also evidence that smaller countries have more volatile government consumption even controlling for the level of volatility in the economy.
Corruption, Carry Trades, and the Cross Section of Currency Returns
2017
This is the first paper to explore the effects of perceived corruption on the FX market. It finds that the currencies of countries perceived to suffer from high levels of corruption generate statistically significantly lower returns than the currencies of countries perceived to have low levels of corruption. Moreover, the portfolio spread is highly correlated with NBER recessions and U.S. consumption growth of nondurable goods. Interestingly, stochastic discount factor model analysis reveals that the portfolio spread is useful for pricing the cross section of currency returns, even when controlling for standard FX risk factors.
Global Demand for Paper Products: 2006–2050
2012
Our aim is to formulate and present global demand forecasts for several paper products for the main regions of the world for the period 2005-2050. Our forecasts, while based on standard regression modeling, differ from existing ones in that they are based not only on historical observed consumption patterns and projections of economic growth, but also take into account changes in the demographic constitution of countries and regions, and incorporate the assumption that beyond certain level economic prosperity (here in terms of GDP per capita) does not translate into increased demand for paper products. Our key results are threefold. First, the demand for paperboard and hygiene products will…
A network model for the short-term prediction of the evolution of cocaine consumption in Spain
2010
Cocaine consumption is a social problem with acute consequences and its dependency can be regarded as a health concern of social transmission. This fact leads us to develop the idea that its transmission dynamics can be studied using epidemiological mathematical models. Under this point of view, in this paper we propose a network model to study the short-term evolution of the cocaine consumer subpopulations. The model parameters are obtained from data source and from an analogue continuous model. Sensitivity of the model parameters is studied. The parameters are associated with prevention and treatment policies and the sensitivity study gives us information about which parameters have more …