Abstract: The main purpose of this paper is to investigate thelong-run equilibrium and short-run dynamics of international housing prices when macroeconomic variables change. We apply the Pedroni’s, panel cointegration, using the unbalanced panel data analysis of 33 countries over the period from 1980Q1 to 2013Q1, to examine the relationships among house prices and macroeconomic variables. Our empirical results of panel data cointegration tests support the existence of a cointegration among these macroeconomic variables and house prices. Besides, the empirical results of panel DOLS further present that a 1% increase in economic activity, long-term interest rates, and construction costs cause house prices to respectively change 2.16%, -0.04%, and 0.22% in the long run.Furthermore, the increasing economic activity and the construction cost would cause strongerimpacts on the house prices for lower income countries than higher income countries.The results lead to the conclusion that policy of house prices growth can be regarded as economic growth for lower income countries. Finally, in America region, the coefficient of economic activity is the highest, which displays that increasing economic activity causes a faster rise in house prices there than in other regions. There are some special cases whereby the coefficients of interest rates are significantly positive in America and Asia regions.
Abstract: In conventional seedling production, the seedlings are
being grown in the open field under natural conditions. Here they are
susceptible to sudden changes in climate were their quality and yield
is affected. Quality seedlings are essential for good growth and
performance of crops in main field; they serve as a foundation for the
economic returns to the farmer. Producing quality seedling demands
usage of hybrid seeds as they have the ability to result in better yield,
greater uniformity, improved color, disease resistance, and so forth.
Hybrid seed production poses major operational challenge and its
seed use efficiency plays an important role. Thus in order to
overcome the difficulties currently present in conventional seedling
production and to efficiently use hybrid seeds, ITC Limited Agri
Business Divisions - Sustainability Cell as conceptualized a novel
method of seedling production unit for farmers in West Godavari
District of Andhra Pradesh. The “Green House based Float Seedling"
methodology aims at a protected cultivation technique wherein the
micro climate surrounding the plant/seedling body is controlled
partially or fully as per the requirement of the species. This paper
reports on the techno economic evaluation of green house for
cultivation of float based seedling production with experimental
results that was attained from the pilot implementation in West
Godavari District, Rajahmundry region of India.
Abstract: "Bazaar" is a Persian word from the language of Iranians of 2500 years ago which has entered the languages of other countries. “Bazaar", the trading or marketing place with the architectural principles and concerns, was formed in Iran because of the long experience of marketing. This has become a valuable inheritance of Islamic ideological civilization and Iranian advanced architecture and a model of Islamic-marketing places with spectacular elements and parts, and the place for economical, social and cultural exchanges. “Bazaars" are found in cities of Iran and many Islamic countries in west of Asia and north of Africa. With the stable structure and function as a symbol of social values, this place has become the economic center and the illustration of stable architecture and advanced principles. “Bazaars" as the heart of Iranian cities economy with several major and minor rows of shops, in closed and open areas, along a fixed line or branches with beautiful arcs, patios, and frameworks are among the main national inheritance of Iran and one of the important Iranian architectural treasures because of its Iranian nobility.
Abstract: Many water supply systems in Australia are currently
undergoing significant reconfiguration due to reductions in long term
average rainfall and resulting low inflows to water supply reservoirs
since the second half of the 20th century. When water supply systems
undergo change, it is necessary to develop new operating rules,
which should consider climate, because the climate change is likely
to further reduce inflows. In addition, water resource systems are
increasingly intended to be operated to meet complex and multiple
objectives representing social, economic, environmental and
sustainability criteria. This is further complicated by conflicting
preferences on these objectives from diverse stakeholders. This paper
describes a methodology to develop optimum operating rules for
complex multi-reservoir systems undergoing significant change,
considering all of the above issues. The methodology is demonstrated
using the Grampians water supply system in northwest Victoria,
Australia. Initial work conducted on the project is also presented in
this paper.
Abstract: Quantitative methods of economic decision-making as
the methodological base of the so called operational research
represent an important set of tools for managing complex economic
systems,both at the microeconomic level and on the macroeconomic
scale. Mathematical models of controlled and controlling processes
allow, by means of artificial experiments, obtaining information
foroptimalor optimum approaching managerial decision-making.The
quantitative methods of economic decision-making usually include a
methodology known as structural analysis -an analysisof
interdisciplinary production-consumption relations.
Abstract: Recently, Northeast Asia has become one of the three
largest trade areas, covering approximately 30% of the total trade
volume of the world. However, the distribution facilities are saturated
due to the increase in the transportation volume within the area and
with the European countries. In order to accommodate the increase of
the transportation volume, the transportation networking with the
major countries in Northeast Asia and Europe is absolutely necessary.
The Eurasian Logistics Network will develop into an international
passenger transportation network covering the Northeast Asian region
and an international freight transportation network connecting across
Eurasia Continent. This paper surveys the changes and trend of the
distribution network in the Eurasian Region according to the political,
economic and environmental changes of the region, analyses the
distribution network according to the changes in the transportation
policies of the related countries, and provides the direction of the
development of composite transportation on the basis of the present
conditions of transportation means. The transportation means optimal
for the efficiency of transportation system are suggested to be train
ferries, sea & rail or sea & rail & sea. It is suggested to develop
diversified composite transportation means and routes within the
boundary of international cooperation system.
Abstract: The use and management of projects has risen to
a new prominence, with projects seen as critical to economic in
both the private and public sectors due challenging and dynamic
business environment. However, failure in managing project is
encountered regularly, which cause the waste of company
resources. The impacts of projects that failed to meet
stakeholders expectations have left behind long lasting negative
consequences in organization. Therefore, this research aims to
investigate on key success factors of project management in an
organization. It is believed that recognizing important factors
that contribute to successful project will help companies to
increase the overall profitability. 150 questionnaires were
distributed to respondents and 110 questionnaires were collected
and used in performing the data analysis. The result has strongly
supported the relationship between independent variables and
project performance.
Abstract: The purpose of this work is to identify the positive and negative aspects of parties- participation in the country-s modernization, which in turn, will help a country to determine the necessary steps to improve the social-economic development. The article considers a question of the role of the dominating party of Kazakhstan and ruling party of China in the country-s modernization. Using a comparative analysis reveals differences between the People's Democratic Party “Nur Otan" and the Communist Party of China. It is discussed the policy of carrying out of modernization, the main actions of political parties of both countries with a view of modernization implementation.
Abstract: The present paper aims to present the significant role that the concept of governance can play in order to combine naturals resources as useful funding basis for the formation of a stable and effective welfare state model. The combination of those two different fields aims to represent the modern trends of our era as the means to solve the severe financial and economic issues caused mostly due to the malfunction of the welfare state and its public sector. European Union and Asian countries (especially China) are the main areas of interest since EU experiences a fiscal and economic crisis while China rules the area of the natural resources exploiting 97% of rare earths elements worldwide.
Abstract: Fruits and vegetables are the essentials of a healthy
diet, mainly because of their antioxidant properties contributing to
disease blockage especially for some certain types of cancer. Being a
favourite fruit, citrus are produced for economic and commercial
purposes worldwide. Particularly, lemon fruit (Citrus limon L.), has
an important place in export products of Turkey. Lemon has a great
importance on human nutrition with regard to being a source of
nutrients, flavonoids, vitamin C and minerals. It is used for food
flavouring and pickling and also processed for lemonade. By
processing citrus into fruit juices, consumption may increase and also
become easier. Like many fruits and vegetables lemons are cheap and
abundant during harvesting period, while they are quite expensive in
other seasons. Lemon juice and concentrate production allows
consumers to get benefits from lemon fruit in any time of the year.
Lemonade is getting in to the focus of consumers’ attention
preferring non-carbonated drinks. The demand of healthy, convenient
functional foods affects consumer trends through innovative
products. For this reason, lemonade could be enriched with different
natural herb extracts such as ginger (Zingiber officinale), linden (Tilia
cordata), and mint (Mentha piperita).
Abstract: This paper presents an efficient emission constrained
economic dispatch algorithm that deals with nonlinear cost function
and constraints. It is then incorporated into the dynamic
programming based hydrothermal coordination program. The
program has been tested on a practical utility system having 32
thermal and 12 hydro generating units. Test results show that a slight
increase in production cost causes a substantial reduction in
emission.
Abstract: This paper deals principally with the socio-economic impact on the local Iban community in Mukah Division, Sarawak; with the commencement of the open-cut coal mining industry since 2003. To-date there are no actual studies being carried out by either the public or private sector to truly analyze how the Iban community is coping with the advent of a large influx of cash into their society. The Iban community has traditionally been practicing shifting cultivation and farming of domesticated animals; with a portion of the younger generation working as laborers and professional. This paper represents the views and observations of the author supported by some statistical facts extracted from published articles and non-published reports. The paper deals primarily in the following areas: • Background of the coal mining industry in Mukah Division, Sarawak; • Benefits of the coal mining industry towards the Iban community; • Issues / Problems arise in the Iban community because of the presence of the coal mining industry; and • Possible actions that need to be taken to overcome these issues/ problems.
Abstract: The main purpose of this research paper was to study
the requirements for human capital development in order to be ready
for ASEAN Community. Thai education institutions are encountering
a challenging course of change to be effective members of ASEAN
Economic Community (AEC) in 2015. It was vital that everyone and
every organization participate in the process of becoming part of the
ASEAN community, a pluralistic society. Thai universities will be
required to partake in the human capital development in a variety of
fields. In order to assist the whole nation to enhance potential
development, there was a need to collaborate with other ASEAN
leading universities to do researches to ameliorate the qualifications
and capabilities of university management, administers, professors,
and staffs.
Abstract: Nagaland, the 16th state of India in order of
statehood, is situated between 25° 6' and 27° 4' latitude north and
between 93º 20' E and 95º 15' E longitude of equator in the North
Eastern part of the India. Endowed with varied topography, soil and
agro climatic conditions it is known for its potentiality to grow all
most all kinds of horticultural crops. Pineapple being grown since
long organically by default is one of the most promising crops of the
state with emphasis being laid for commercialization by the
government of Nagaland. In light of commercialization, globalization
and scope of setting small-scale industries, a research study was
undertaken to examine the socio-economic and personal
characteristics, entrepreneurial characteristics and attitude of the
pineapple growers towards improved package of practices of
pineapple cultivation. The study was conducted in Medziphema
block of Dimapur district of the Nagaland state of India following ex
post facto research design. Ninety pineapple growers were selected
from four different villages of Medziphema block based on
proportionate random selection procedure. Findings of the study
revealed that majority of the respondents had medium level of
entrepreneurial characteristics in terms of knowledge level, risk
orientation, self confidence, management orientation, farm decision
making ability and leadership ability and most of them had
favourable attitude towards improved package of practices of
pineapple cultivation. The variables age, education, farm size, risk
orientation, management orientation and sources of information
utilized were found important to influence the attitude of the
respondents. The study revealed that favourable attitude and
entrepreneurial characteristics of the pineapple cultivators might be
harnessed for increased production of pineapple in the state thereby
bringing socio economic upliftment of the marginal and small-scale
farmers.
Abstract: The eco-efficient use of “waste" makes sense from
economic, social, and environmental perspectives. By efficiency diverting “waste" products back into useful and/or profitable inputs,
industries and entire societies can reap the benefits of improved financial profit, decreased environmental degradation, and overall
well-being of humanity.
In this project, several material flows at
Company Limited were investigated. Principles of "industrial ecology" were applied to improve the management of waste rubbers that are used in the jewelry manufacturing process. complete this project, a brief engineering analysis stream, and investigated eco-efficient principles for more efficient
handling of the materials and wastes were conducted, and the result were used to propose implementation strategies.
Abstract: The introduction of sowing technologies into minimum- or no-tillage soil has a number of economical and environmental virtues, such as improving soil properties, decreasing soil erosion and degradation, and saving working time and fuel. However, the main disadvantage of these technologies is that plant residues on the soil surface reduce the quality of the planted crop seeds, thus requiring plant residues to be removed or cut. This paper presents a analysis of disc coulter parameters and an experimental investigation of cutting spring barley straw containing various amounts of moisture with different disc coulters (smooth and notched).
Abstract: Majority of researches conducted on Iranian urban
development plans indicate that they have been almost unsuccessful
in terms of draft, execution and goal achievement. Lack or shortage
of essential statistics and information can be listed as an important
reason of the failure of these plans. Lack of figures and information
has turned into an obvious part of the country-s statistics officials.
This problem has made urban planner themselves to embark on
physical surveys including real estate and land pricing, population
and economic census of the city. Apart from the problems facing
urban developers, the possibility of errors is high in such surveys.
In the present article, applying the interview technique, it has
been mentioned that utilizing multipurpose cadastre system as a land
information system is essential for urban development plans in Iran.
It can minimize or even remove the failures facing urban
development plans.
Abstract: Since the late 1980s, the new phenomena of 'employment subcentres' or 'polycentricity' has appeared in the metropolises of North American and Western Europe and it has been an interesting topic for academics and researchers. This paper specifically uses one case study-Guangzhou to explore the development and the mechanism of employment subcentres and polycentricity in Chinese metropolises by spatial analysis method on the basis of the first economic census data. In conclusion, the paper regards that the employment subcentres and polycentricity has existed in Chinese metropolises. And that, the mechanism of them is mainly from the secondary industry instead of the tertiary industry in North American and Western Europe
Abstract: The recent global financial problem urges government
to play role in stimulating the economy due to the fact that private
sector has little ability to purchase during the recession. A concerned
question is whether the increased government spending crowds out
private consumption and whether it helps stimulate the economy. If
the government spending policy is effective; the private consumption
is expected to increase and can compensate the recent extra
government expense. In this study, the government spending is
categorized into government consumption spending and government
capital spending. The study firstly examines consumer consumption
along the line with the demand function in microeconomic theory.
Three categories of private consumption are used in the study. Those
are food consumption, non food consumption, and services
consumption. The dynamic Almost Ideal Demand System of the three
categories of the private consumption is estimated using the Vector
Error Correction Mechanism model. The estimated model indicates
the substituting effects (negative impacts) of the government
consumption spending on budget shares of private non food
consumption and of the government capital spending on budget share
of private food consumption, respectively. Nevertheless the result
does not necessarily indicate whether the negative effects of changes
in the budget shares of the non food and the food consumption means
fallen total private consumption. Microeconomic consumer demand
analysis clearly indicates changes in component structure of
aggregate expenditure in the economy as a result of the government
spending policy. The macroeconomic concept of aggregate demand
comprising consumption, investment, government spending (the
government consumption spending and the government capital
spending), export, and import are used to estimate for their
relationship using the Vector Error Correction Mechanism model.
The macroeconomic study found no effect of the government capital
spending on either the private consumption or the growth of GDP
while the government consumption spending has negative effect on
the growth of GDP. Therefore no crowding out effect of the
government spending is found on the private consumption but it is
ineffective and even inefficient expenditure as found reducing growth
of the GDP in the context of Thailand.
Abstract: Aluminothermic rail welding was from the beginning
a great success because its low price even in 1895 in Germany. This
method is now, widely used all over the world for the railways
construction, maintenance and modernization. Instructions give you
guidelines for preparing papers for conferences or journals.
After 1989, the welding needs of the potentials beneficiaries
(Romanian Railways, Urban Transportation Companies) keep raise
because of the railways maintenance and modernization necessity.
The main materials that determine the Thermit (T) composition
result from manufacturing scraps all over the country. This can help
the environment by consuming these scraps.
The Romanian need for alumino-thermic welding is now by 11300
per year, and in a favourable economical environment, this amount
can reach 30000 units.
This paper tries to show the effect of two types of modifiers
introduced in the T composition on the structure and properties of an
alumino-thermic welding.