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Topic Review
Sustainability in Airports Ecosystem
Economic, social, and environmental sustainability impacts regulators and businesses, particularly in the aviation industry, and facilitates access to productive services and market linkages. Airport stakeholders are increasingly pressuring companies to consider their socioeconomic impacts and manage them sustainably and resiliently. Business is paramount to airport companies in this competitive and economically sensitive climate.
  • 1.1K
  • 15 Aug 2023
Topic Review
The Free Banking School
The Free Banking School is a term used for economists who study the costs and benefits of the competitive issue of currency by banks. 
  • 1.1K
  • 30 Dec 2022
Topic Review
Sustainable Social and Economic Development of Russian Municipalities
Sustainable social and economic development of municipalities has been assessed in Russia. In Russia, the issue of improving socio-economic sustainability of municipalities in the region through the assessment of its indicators are particularly relevant. Regional policy measures to equalize the level of socio-economic development should be designed, taking into account the identified features of the territorial development of municipal districts.
  • 1.1K
  • 24 Nov 2021
Topic Review
Non-Renewable Energy Efficiency and Renewable Energy
Policymakers and environmental scientists have proposed numerous measures toward achieving a sustainable environment. Some of these measures include the efficient use of energy and a scaling up of clean energy transition.
  • 1.1K
  • 18 Jan 2024
Topic Review
Reducing Inequalities within and among EU Countries
Reducing inequalities within and among countries is one of the main tenets of the sustainable development paradigm and has become an important pillar at the European Union level. By adopting the 2030 Agenda for Sustainable Development, EU countries have committed themselves to meeting targets against which progress in reducing inequalities can be measured. Through the present research, it can analyze and assess the extent to which EU countries will achieve the specific SDG 10 targets. Based on data published by Eurostat for the period 2010-2020, it can forecast the trends of the indicators until the year 2030, using a model based on AAA (Holt-Winters) version of the exponential smoothing (ETS), to assess the degree to which the assumed targets will be reached. For more detailed information, dynamic indices were used to analyze the dynamics of the progress achieved. The results showed that it is difficult to clearly distinguish one or more countries as part of a group of high or low performers in terms of the efforts made and the effects achieved in reducing inequalities. However, it can be mentioned that Poland as a good and very good performer on most of the indicators analyzed. At the opposite, Bulgaria and Greece, for which more attention and involvement is needed in adopting measures to correct the negative trends forecast.
  • 1.1K
  • 07 Jul 2022
Topic Review
Forecasting a Stock Trend Using Genetic Algorithm
The performance of the model significantly outperforms the dummy forecast. In some cases, the accuracy of the model was up to 80%. The results also showed that S&P 500 (the US stock market) is the most useful stock index in the prediction on all sectors. This could be because the 15 considered stocks have been selected from NYSE and NASDAQ. In contrast, CAC40 (French stock index) seems to have the lowest impact on two out of the three sectors. Moreover, past historical data of the stock itself helps significantly in predicting its trend. However, the results also show that the accuracy of the model decreases considerably while trying to predict large price changes.
  • 1.1K
  • 23 May 2022
Topic Review
Valuation
In finance, valuation is the process of determining the present value (PV) of an asset. In a business context, it is often the hypothetical price that a third party would pay for a given asset. Valuations can be done on assets (for example, investments in marketable securities such as companies' shares and related rights, business enterprises, or intangible assets such as patents, data and trademarks) or on liabilities (e.g., bonds issued by a company). Valuations are needed for many reasons such as investment analysis, capital budgeting, merger and acquisition transactions, financial reporting, taxable events to determine the proper tax liability.
  • 1.1K
  • 11 Oct 2022
Topic Review
Open Innovation Concept Based on Ecosystem Approach
One of the major factors of developing economics in the modern world is promoting innovation activities, which frequently ensures a competitive position of a state in the global market. Thus far, the introduction of innovative high-performance technologies founded on scientific research has been considered to be a driver of economic growth that results in enhancing the welfare of a population. Therefore, many states look for measures to support innovations.
  • 1.1K
  • 27 Jun 2022
Topic Review
Religion in Human Consumption
Religious belief, as an informal social institution, has a significant impact on all aspects of human civilization. Specifically, in the western area of China, low income level, and low marketization degree, religious belief negatively affects human consumption the most. On the contrary, in the eastern area, high income level, and high marketization degree, religious belief negatively affects human consumption the least.
  • 1.1K
  • 30 Dec 2021
Topic Review
Bibliometric Mapping of Cost-Benefit Analysis
Over time, the cost-benefit analysis has become a method that helps to clarify the pros and cons in many areas of human activity where both investment and non-investment projects are implemented. In researching for this article, we aimed to map the current state of publishing activities in the field of cost-benefit analysis and in order to accomplish this, four research questions had to be determined. 
  • 1.1K
  • 31 Aug 2021
Topic Review
Youth Entrepreneurship
Youth unemployment is one of Africa’s biggest challenges, but compulsory entrepreneurship training can turn the continent’s job-seekers into job creators, writes Abiodun Egbetokun.  First published on https://sciafmag.com/2020/02/26/three-lessons-from-nigeria-on-how-to-boost-youth-entrepreneurship/
  • 1.1K
  • 01 Nov 2020
Topic Review
Impact of the COVID-19 to the Energy Sector
In order to control the COVID-19 pandemic, the governments of the world started to implement measures regarding social distance and social contacts, including closures of cities, work and study relocations, and work suspension. The epidemical situation and the lockdown of the economy by governments in various countries caused changes in production, changes in the habits of energy consumers and other energy-related changes.
  • 1.1K
  • 16 Dec 2021
Topic Review
Bootstrapping
In finance, bootstrapping is a method for constructing a (zero-coupon) fixed-income yield curve from the prices of a set of coupon-bearing products, e.g. bonds and swaps. A bootstrapped curve, correspondingly, is one where the prices of the instruments used as an input to the curve, will be an exact output, when these same instruments are valued using this curve. Here, the term structure of spot returns is recovered from the bond yields by solving for them recursively, by forward substitution: this iterative process is called the bootstrap method. The usefulness of bootstrapping is that using only a few carefully selected zero-coupon products, it becomes possible to derive par swap rates (forward and spot) for all maturities given the solved curve.
  • 1.1K
  • 24 Nov 2022
Topic Review
Rawlsian Cost-Benefit Analysis
The use of a Rawlsian perspective in cost-benefit analysis is proposed. For the purposes of the cost-benefit analysis, this perspective is at least as adequate as the traditional perspective, of a utilitarian nature.
  • 1.1K
  • 17 Nov 2021
Topic Review
Measuring the Efficiency of Energy and Carbon Emissions
The International Energy Agency (IEA, 2013) believes that energy efficiency should be taken as the first fuel rather than a hidden fuel and regards it as “a key tool for boosting economic and social development. From an economic perspective, efficiency is defined as the full and most efficient use of limited and scarce resources to satisfy people’s wants and needs given the technology, that is, produce more with less. If there is no way to make someone better off and nobody worse off, then the situation is Pareto efficient. Extending this concept to production economics, a 100% Pareto–Koopmans efficiency is achieved if and only if no inputs or outputs of any decision-making unit (DMU) can be improved without worsening the other inputs or outputs. However, in most management and social science applications, the theoretically possible Pareto efficiency is unknown. Therefore, it is replaced by relative efficiency, which is fully efficient if and only if other DMUs cannot improve inputs or outputs without worsening some of its other inputs or outputs on the basis of empirically available evidence. In this case, measuring production efficiency is actually evaluating whether there is waste of input by comparing the minimum input with the actual input while the output is unchanged or evaluating whether there is an output shortage by comparing the actual output with the maximum output with the input unchanged.
  • 1.1K
  • 17 Feb 2022
Topic Review
Circular Economy (CE)
The circular economy (CE) is considered one of the best solutions to support sustainable development. The CE is utilized because the earth is a closed economic system, and all business activities of production and consumption must be based on a secure dual system.
  • 1.0K
  • 19 Jan 2022
Topic Review
Italian Agri-Food Sector under COVID-19
Here we have carried out a multidisciplinary analysis of the impact that COVID-19 had on the Italian agri-food sector during the national lockdown. In our opinion, this unprecedented economic crisis could be a turning point to deal with the overall sustainability of agricultural systems and foodstuffs. We suggest to focus on applied research and development, and technology transfer, the so called university “Third Mission,” an area where the role of academia may be crucial and could add not only innovation and valorisation to the production chains of local enterprises, but also support the establishment of business networks in specific production segments.
  • 1.0K
  • 06 Jun 2021
Biography
Marco Vivarelli
Ph.D. in Economics and Ph.D. in Science and Technology Policy, is full professor at the Catholic University of Milano, where he is also Director of the Department of Economic Policy. Affiliated Professorial Fellow at UNU-MERIT, Maastricht Research Fellow at IZA, Bonn Fellow of the Global Labor Organization (GLO) Member of the Academic Advisory Council of the Glob
  • 1.0K
  • 09 Aug 2022
Topic Review
Pension Information
A wide array of research has investigated the effects of pension information on different individuals’ economic outcomes. While many studies show that information provision increases knowledge, the evidence is mixed regarding its effects on behavior. Nevertheless, examining different studies, some conclusions can be elicited about the effects of pension information on three broad areas of economic behavior: retirement planning, labor supply, and savings decisions. Specifically, the provision of pension information not only increases workers’ knowledge about their benefits, but it also fosters individuals’ retirement planning and decision making. Looking at individuals’ labor supply, our review of the literature showed that only correctly informed workers are responsive to the incentives to work longer. Finally, information letters and other educational interventions such as seminars are found to increase both enrollment in retirement plans and the amount of contributions. We also highlight that the lack of knowledge prevalently hits the most vulnerable individuals in the society, such as women. As a consequence, not providing sufficient information could contribute to widening the gender gap in pensions.
  • 1.0K
  • 01 Sep 2020
Topic Review
COVID-19 Shock Affect Intergenerational Income Mobility
The COVID-19 crisis has caused a huge negative shock to economic activities worldwide, leading to a reduction in income and changes in income distribution. Intergenerational mobility is an important indicator of sustainable social development. 
  • 1.0K
  • 28 Sep 2022
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