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The Economics of Renewable Energy in the Gulf (Routledge Explorations in Environmental Economics)
by Hisham M. AkhonbayThe Cooperation Council for the Arab States of the Gulf (GCC) has been at the epicenter of global energy markets because of its substantial endowment of hydrocarbons. Yet countries in the region have also stated their intent to be global leaders in renewable energy. This collection explores the drivers for the widespread adoption of renewable energy around the GCC, the need for renewable energy and the policy-economic factors that can create success. All six countries within the GCC have plans to include renewable energy power generation in their energy mix for various reasons including: a growing demand for electricity because of increasing populations, an increasing government fiscal deficit due to inefficient subsidies, the need to diversify the economy and global pressure to meet climate change requirements. However, the decision of when and by how much to introduce renewable energy is fraught with complications. In this book, a stellar cast of regional policy and academic experts explore the reasons behind these renewable energy plans and the potential impediments to success, whether it be the declining cost of producing energy from hydrocarbons, an infrastructure which needs to be updated, social acceptance, lack of financing and even harsh weather. Weighing up all these factors, the book considers the route forward for renewable energy in the Gulf region. The Economics of Renewable Energy in the Gulf offers an excellent examination of the adoption of renewable energy in the area. It will be of great interest to academic researchers and policy makers alike, particularly those working in the areas of energy economics, public policy and international relations.
The Economics of Repressed Inflation (Routledge Library Editions)
by H.K. Charlesworth'It provides the best complete discussion I know of the economics of repressed inflation' F.W. Paish. The Economics of Repressed Inflation is a micro-economic analysis of the effects of a partially controlled inflation in a peacetime economy. This analysis suggests that the combination of inflationary pressures and the control of consumption has economic effects on the price level and on the distribution of resources which may be as serious for the economy as the more widely recognized effects of an uncontrolled inflation.
The Economics of Research and Technology (Routledge Library Editions: The Economics and Business of Technology #33)
by John Vaizey Keith NorrisOriginally published in 1973 this book applies economic analysis to scientific research and to industrial reserch and development and analyses the interactions between these activities and economic activities in general. The book begins by looking at the relationships between science and technology and then: Analyses research and development in manufacturing industry Explains the different levels of expenditure in research and development in different industries and the role of such expenditure in the growth of firms Looks at the distribution of science and technology expenditure Discusses the international transfer of technology The book draws on evidence from several fields of study and imposes a theme upon the variety of evidence.
The Economics of Residential Solid Waste Management (The International Library of Environmental Economics and Policy)
by Thomas C. KinnamanThe market of municipal solid waste (MSW) collection and disposal has changed substantially over the past thirty years. This study will help guide both newcomers and past contributors through the fundamental aspects of policies designed to reduce the external costs of MSW collection, and the important empirical relationships that, in the end, govern the selection of MSW policies. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty-five volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including 1) Natural and Environmental Resources, 2) Policy Instruments and Institutions and 3) Methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.
The Economics of Resource Allocation in Health Care: Cost-utility, social value, and fairness (Routledge Advances in Social Economics)
by Andrea KlonschinskiThe question of how to allocate scarce medical resources has become an important public policy issue in recent decades. Cost-utility analysis is the most commonly used method for determining the allocation of these resources, but this book counters the argument that overcoming its inherent imbalances is simply a question of implementing methodological changes. The Economics of Resource Allocation in Health Care represents the first comprehensive analysis of equity weighting in health care resource allocation that offers a fundamental critique of its basic framework. It offers a critique of health economics, putting the discourse on economic evaluation into its broader socio-political context. Such an approach broadens the debate on fairness in health economics and ties it in with deeper-rooted problems in moral philosophy. Ultimately, this interdisciplinary study calls for the adoption of a fundamentally different paradigm to address the distribution of scarce medical resources. This book will be of interest to policy makers, health care professionals, and post-graduate students looking to broaden their understanding of the economics of the health care system.
The Economics of Retailing: The Poly-transformation of a Traditional Sector (Palgrave Studies in the Future of European Societies and Economies)
by Pantelis C. Kostis Manolis Manioudis Valia Aranitou Milena PanagiotopoulouThe retail industry is rapidly changing, especially as technologies advance and digital retail becomes more accessible. This book explains the ongoing poly-transformations within the retail sector, offering insight into labor market changes, real estate challenges, and sustainable development. Throughout the book, the authors analyze and predict various ways the industry needs to change to ensure longevity and stability. One option the authors explore includes creative ways to approach alternatives to participatory retail, which requires social participation. The authors also provide insight into another approach to this topic: tech platforms. In the book, they explain how the dominance of certain platforms can—and in some cases has—led to “retail feudalism.” To best capture the retail sector, the authors home in on the European retail sector as the primary case in the book. Chapters explore strategic adaptation and the adoption of potential policies that can help support the transitions required within this industry. Emphasizing the necessary collaboration required between policymakers, industry professionals, and academics, The Economics of Retailing provides essential information for stakeholders ready to make informed decisions to support retailing.
The Economics of Road Transport (Routledge Library Editions: Transport Economics #9)
by K.G. FenelonEven in an age accustomed to the rapid commercial exploitation of new inventions, the great and extensive development of mechanical road transport stands out conspicuously. This book, first published in 1925, traces this development and analyses the economics of road transport.
The Economics of Russia’s War in Ukraine: Impact Analysis of Economic Policy and Finance (Routledge Studies in the Modern World Economy)
by Maryana Prokop Nataliya Struk Oleksandra StrukThe Economics of Russia’s War in Ukraine provides a thorough analysis of the Russo-Ukrainian war, tracing its historical roots and exploring its multifaceted dimensions. This book emphasizes economic, geopolitical, and humanitarian impacts, highlighting Ukraine’s resilience amid challenges. At the same time, this study examines the EU’s dynamic responses to economic crises and energy transition, the consequences of the war on global trade dynamics, and the significant influence of geopolitical events on financial markets. It underscores the EU’s commitment to aiding Ukraine, enhancing its security, and increasing defence spending in response to evolving geopolitical complexities. The impact of the invasion on financial markets and the vulnerabilities of the banking sector are closely examined, highlighting the complex relationship between geopolitics and the global economy. Findings suggest that the priorities for the post-war reconstruction of Ukraine include addressing human capital and demographics, employment opportunities, environmental protection, infrastructure and housing reconstruction, security and mine clearance, waste recycling, agriculture and food security, digital transformation, social protection and healthcare, and education and research. This book therefore argues that a comprehensive, integrated approach with international support is crucial for Ukraine’s recovery and sustainable economic growth.The Economics of Russia’s War in Ukraine will be useful for scholars, students, professionals, policy makers, all interested in economics, international relations, security, and global studies, as well as all those wishing to have a thorough and clear understanding of the backdrop of Russia’s invasion of Ukraine in February 2022 and its influence on Europe.
The Economics of SME Finance (Advances in Japanese Business and Economics #36)
by Iichiro UesugiThis book uses multiple data sources to comprehensively examine issues related to small and medium enterprise (SME) finance in Japan. The first feature of the book is that it empirically examines issues that are important not only for Japan but also for other countries. These issues include zombie firms, the expansion of the bank lending market across regions, the role of loan guarantees during economic crises, competition between state-owned banks and private financial institutions, and the impact of bank mergers. The second feature of the book is that it presents and makes available to researchers statistical data on SME finance that were previously unavailable due to a lack of accurate and detailed data sources. The book shows, for the first time in Japan, the extent of concentration at the prefecture level in both loan and deposit markets over a 15-year period. It also shows for the first time not only in Japan but also in other countries an indicator of the flow of funds between regions via loans and deposits, providing new insights into the role of regional fund allocation. These findings will be of interest not only to researchers interested in Japan, but also to those in both developed and emerging economies interested in the evolution of SME finance.
The Economics of Science: Methodology and Epistemology as if Economics Really Mattered (Routledge Frontiers of Political Economy #Vol. 13)
by James R WibleScience is difficult and costly to do well. This study systematically creates an economics of science. Many aspects of science are explored from an economic point of view. The scientist is treated as an economically rational individual. This book begins with economic models of misconduct in science and the legitimate, normal practices of science, moving on to market failure, the market place of ideas, self-correctiveness, and the organizational and institutional structures of science. An exploration of broader methodological themes raised by an economics of science ends the work.
The Economics of Scientific Misconduct: Fraud, Replication Failure, and Research Ethics in Empirical Inquiry (Routledge Advances in Social Economics)
by James R. WibleThe Economics of Scientific Misconduct explores episodes of misconduct in the natural and biomedical sciences and replication failure in economics and psychology over the past half century. Here scientific misconduct is considered from the perspective of a single discipline such as economics likely for the first time in intellectual history. Research misconduct has become an important concern across many natural, medical, and social sciences, including economics, over the past half century. Initially, a mainstream economic approach to science and scientific misconduct is taken drawn on conventional microeconomics and the theories of Becker, Ehrlich, and C. S. Peirce’s "economy of research." Then the works of Peirce and Thorstein Veblen from the 19th century point toward contemporary debates over statistical inference in econometrics and the failure of recent macroeconomic models. In more contemporary economics, clashes regarding discrimination and harassment have led to a Code of Professional Conduct from the American Economic Association and a Code of Ethics from one of its members. The last chapter considers research ethics matters related to the Covid 19 Pandemic. There has been an explosion of research and some retractions. More generally, a concern with research ethics contributes to scientific progress by making some of its most difficult problems more transparent and understandable and thus possibly more surmountable. This book offers valuable insights for students and scholars of research ethics across the sciences, philosophy of science and social science, and economic theory.
The Economics of Search
by Brian McCall John McCallThe economics of search is a prominent component of economic theory, and it has a richness and elegance that underpins a host of practical applications. In this book Brian and John McCall present a comprehensive overview of the economic theory of search, from the classical model of job search formulated 40 years ago to the recent developments in eq
The Economics of Self-Destructive Choices
by Shinsuke IkedaBased on recent advances in economics, especially those in behavioral economics, this book elucidates theoretically and empirically the mechanism of time-inconsistent decision making that leads to various forms of self-destructive behavior. The topics include over-eating and obesity, over-spending, over-borrowing, under-saving, procrastination, smoking, gambling, over-drinking, and other intemperate behaviors, all of which relate to serious social problems in advanced countries. In this book, the author attempts to construct a bridge between the basic theory of time discounting, especially as of hyperbolic discounting, and empirically observed "irrational (non-classical)" behavior in the various contexts just mentioned. The empirical validity of the theory is discussed using unique micro data as well as public macro data. The book proposes prescriptions for individual decision makers, whether sophisticated or naïve, to make better choices in self-control problems, and also provides policy makers with useful advice for influencing people's decision making in the right directions. This work is recommended not only to general readers who seek to learn how to attain better self-regulation under self-control problems. It also helps researchers who seek an overview of positive and normative implications of hyperbolic discounting, and thereby reconstruct economic theory for a better understanding of actual human behavior and the resulting economic dynamics .
The Economics of Singularities of Science Elucidated with Buddhist Thoughts
by S. Niggol SeoThis book analyses the unprecedented economic and social challenges to human civilization from the perspective of Buddhist philosophy. It reviews singularities in a broad range of scientific experiments, including the theory of relativity, quantum physics, artificial intelligence, mRNA virology, stem cell biology, and neuroscience to evaluate catastrophic risks posed to the present global economic and environmental order. Through placing these discussions within the context of Buddhist philosophy, an alternative to traditional economic and science ideas is presented. The power of technological progress and associate risks is highlighted as a way of looking into and creating a more sustainable future. This book provides a fresh interpretation of fat-tail economics that draws ideas from the basic sciences. The book will be of much value to students and researchers who are keen to environmental economics, planetwide catastrophes, and Buddhist philosophy.
The Economics of Slavery: And Other Studies in Econometric History
by John R. MeyerHow are economists and historians to explain what happened in history? What statistical inferences can be drawn from historical data? The authors believe that explanation in history can be identified with the problems of prediction in a probabilistic universe. Using this approach, the historian can act upon his a priori information and his judgment of what is unique and particular in each past event, even with data hitherto considered to be intractable for statistical treatment. In essence, the book is an argument for and a demonstration of the point of view that the restricted approach of "measurement without theory" is not necessary in history, or at least not necessary in economic history.After two chapters of theoretical introduction, the authors explore the meanings and implications of evidence, explanation and proof in history by applying econometric methods to the analysis of three major problems in 19th century economic history--the profitability of slavery in the antebellum South, income growth and development in the United States during the 1800's, and The Great Depression in the British economy; also included is a postscript on growth reassessing some current arguments in the light of the findings of these papers.The book presents an original and provocative approach to historical problems that have long plagued economists and historians and provides the reader with a new approach to these and similar questions.
The Economics of Small Businesses
by Ilario Favaretto Giorgio CalcagniniIs small still beautiful? The recent economic and financial crisis has shown that developed countries in which firms are smaller suffered the biggest GDP plunges. Today, economic growth depends more than in the past on sound and well-organized firms, which means more innovation, a better educated labor force, higher likelihood of access to financial resources and efficient investments. This does not mean the end of small-sized firms, but that they need to be different from the way they were in the past. This book provides an international perspective on analyses and policy recommendations for how small businesses can reinforce their role in modern economies.
The Economics of Small Firms: An Introduction
by Peter JohnsonStudent-friendly and international in scope and relevance, this book provides an accessible introduction to the economics of small business for those with little knowledge of economics. Economics, alongside other disciplines and interacting with them, has some important insights to offer and it is in this context that The Economics of Small Firms examines the formation, survival, growth and financing of small businesses, spatial variations in business formation, the economic role of small businesses, and key policy issues. This informative text is an essential purchase for anybody studying business and management who is eager for an easy-to-use and engaging overview of economics, entrepreneurship and small business.
The Economics of Social Protection (Elements in Public Economics)
by Pierre PestieauThe objective of this Element is to provide an analysis of social protection from an economic perspective. It relies on tools and methods widely used in public and insurance economics and comprises four main section besides the introduction. The first section is devoted to the design of social protection programs and their political sustainability. The second section assesses the efficiency and performance of social protection programs, and of the welfare state as a whole. In the third section, the relative merits of social and private insurance are analyzed as well as the design of optimum insurance contract with emphasis on health and pensions. The last section focuses on the implications of asymmetric information that may lead governments to adopt policies that would otherwise be rejected in a perfect information setting.
The Economics of Social Responsibility: The World of Social Enterprises (Routledge Advances In Social Economics Ser. #15)
by Leonardo BecchettiThis book offers a rethinking of the burgeoning research on not-for-profit organizations and socially responsible economics. Adopting a comparative approach, the chapters explore and reinterpret the impact of social enterprises on the provision of general-interest services, work integration, microfinance, and fair trade, and show how these enterprises form the hub of an emerging economy of social responsibility. The book provides a new interpretation of social enterprises as entrepreneurial organizations that pursue social objectives and are successful due to the non-self-seeking motives of their members. This book will be of interest to postgraduate students, professionals working in the not-for-profit sector, and scholars interested in socially responsible economics. It is particularly suitable for seminars and workshops focusing on the management of not-for-profit organizations, sustainable development, and globalization.
The Economics of Socialism After World War Two: 1945-1990
by John W. BennettThe most comprehensive and contemporary source available on socialist economic systems, this book employs economic data from eight East European countries and Russia to provide readers with a thorough, accurate picture of formerly Communist economies. J. Wilczynski carefully analyzes the major focal points of socialistic economics: planning and market, profit, production and growth, accumulation, consumption, labor, land, pricing, money and banking, fiscal policy and control, domestic and foreign trade, and international economics.The treatment of the subject is objective and constructive; when comparisons are made with capitalist economies both the strengths and weaknesses of socialism are brought out. This is not, however, a book on comparative economic systems but rather a complete discourse on the actual principles of socialist economics. Controversial issues such as the role of planning and the market, profit, rates of growth, the consumer's place, labor incentives, pricing, and controls are particularly well done.This book can be used as a guide to the economics of formerly communist regimes and as text for courses in developmental economics and comparative economic systems. It is well written by a scholar intimate with the plans, policies, and failures of communist economies from the close of The Second World War to the demise of Communist rule in Eastern Europe.
The Economics of Soviet Breakup (Routledge Studies of Societies in Transition)
by Bert van SelmThis book analyzes the effects of the break-up of the Soviet Union into fifteen independent states. Topics discussed include: * past and present economic relations between the republics, and forecasts for the future * discussion of Customs Unions, Monetary Union or Payments Union as possible ways forward for these states * economic integration theory * how the states of the Soviet Union functioned before the dissolution.
The Economics of Speed: Machine Speed as the Key Factor in Productivity (Lecture Notes in Production Engineering)
by Bernard C. BeaudreauThis is the first book to examine the “nuts and bolts” of production processes. It proposes a truly consilient approach to modeling production processes – one that goes beyond the vague principles found in standard economics – and provides details that are consistent with the applied mechanics and engineering literature. Providing a credible analysis of some of the most pressing questions of our era, such as the productivity slowdown and the information paradox, and bridging the gap between engineering, applied physics, economics, and management science, this book is a fascinating read for anyone interested in industry, the modern economy, and how physical factors constrain productivity growth.
The Economics of Sport and Recreation: An Economic Analysis
by Peter Taylor Chris GrattonThe Economics of Sport and Recreation provides a much needed and up-to-date analysis of sport's contribution to the global economy. This new edition covers all aspects of the economics of sport and recreation but gives prominence to the staggering rise of the commercial sector over the last decade. Special attention is paid to the economics of the sports goods industry, the economics of sports sponsorship, the economics of major sports events, the economics of professional team sports, and the economic relationship between sport and broadcasting.In the first edition of this book published in 1985, the emphasis was on the government and voluntary sectors as the lead sectors in the sports market. As we enter the next millennium, it is the commercial sector that is the lead sector in the sports market and this is reflected in the content and structure of the new book.Aimed specifically at students engaged in the study of sport and its interaction with the economy, this book will be an invaluable resource.
The Economics of Sports
by Victor A. Matheson Michael A. Leeds Peter von AllmenThe sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. Thoroughly updated to reflect the current landscape, The Economics of Sports introduces core economic concepts and theories and applies them to US and international sports. Divided into five parts, the book focuses on three major areas of the economics of sports: industrial organization, public economics, and labor economics. Updates for this seventh edition include: • An entirely new chapter on sports gambling and a fully revised section on intercollegiate sports; • Updated material on social justice in sports and the impact of the COVID-19 pandemic on the industry; • More coverage of international sports, e-sports, and new biographical sketches. This well-presented and accessible text is supported by easy-to-follow pedagogical features, such as end-of-chapter summaries and questions, and a companion website, which offers useful resources for students and instructors. It is the perfect textbook for intermediate and advanced undergraduate and graduate courses in sports economics.
The Economics of Sports
by Michael Leeds Peter Von Allmen Victor A. MathesonFor undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry. The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.