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Topic Review
Biography
Topic Review
Information and Communication Technology and CO
2
Emissions
The expansion of ICT has led to higher electricity consumption due to the increase in ICT terminal devices, networks, and large-scale data centers, resulting in an increase in power consumption. Data centers, in particular, contain IT hardware, such as computers and data storage devices; various types of network equipment for communication (routers, switches, modems, etc.); and heating and cooling infrastructure. The energy used by data centers is 10–100 times that compared to the amount used by commercial buildings in the same area. According to UNEP and DTU, the amount of electricity consumed by data centers in 2018 corresponded to 1% of the global electricity demand, but it is expected to account for more than 20% of the total electricity demand in 2030. If ICT electricity consumption increases at the current rate, it will have a negative impact on reducing CO2 emissions. In other words, the expansion of ICT equipment supply accompanies the demand for electricity in terms of use, which leads to an increase in CO2 emissions.
731
27 Apr 2022
Topic Review
The Concept of Green Marketing in Palm Oil
The term green marketing has been in use since the 1980s, following the shift of consumerism towards a cleaner and greener environment. There are many definitions of this term. Pride and Ferrell (1993) have tried to explain it as a way for a firm to design, distribute, market, and price a certain product without harming the environment. Polonsky (1994) has defined green marketing as all a firm’s activities to generate or facilitate services and/or products with minimal detrimental impact on the environment.
731
22 Jul 2022
Topic Review
Oil Price and CO
2
Emission in GCC Countries
Oil prices, economic growth and rapidly increasing urbanization could have a long-lasting impact on the environment in oil-abundant Gulf Cooperation Council (GCC) countries. Moreover, the rising oil price has a positive impact on CO2 emissions and shows a scale effect in Oman, Qatar, and Saudi Arabia. Lastly, urbanization positively affects CO2 emissions in Bahrain, Oman, Qatar, and the UAE. Economic growth is found asymmetrical in all GCC countries, and the asymmetrical effect of oil price is also observed in all GCC countries except the UAE. Hence, these countries should impose a carbon tax on energy-intensive urban activities to discourage pollution emissions, and these tax revenues should be utilized to encourage the cleaner use of energy in the urban area. In summary, economic growth is responsible for increasing CO2 emissions in 4 out of 6 GCC countries and increasing oil price is increasing CO2 emissions in 3 out of 6 GCC countries. Overall, GCC countries should speed up the renewable energy transition process by installing renewable energy projects on an urgent basis, which would reduce the environmental consequences of rising oil price and economic growth.
729
05 May 2022
Topic Review
San Antonio Independent School District V. Rodriguez
San Antonio Independent School District v. Rodriguez, 411 U.S. 1 (1973), was a case in which the Supreme Court of the United States held that San Antonio Independent School District's financing system, which was based on local property taxes, was not an unconstitutional violation of the Fourteenth Amendment's equal protection clause. The majority opinion, reversing the District Court, stated that the appellees did not sufficiently prove a textual basis, within the US Constitution, supporting the principle that education is a fundamental right. Urging that the school financing system led to wealth-based discrimination, the plaintiffs had argued that the fundamental right to education should be applied to the States, through the Fourteenth Amendment. The Court found that there was no such fundamental right and that the unequal school financing system was not subject to strict scrutiny.
727
11 Nov 2022
Topic Review
Economic Input-Output Life Cycle Assessment in Electricity Generation
Economic Input-Output Life Cycle Assessment (EIO-LCA) is a top-down approach intertwined with the environmental satellite accounts provided by the national statistical office. Through the use of economic input-output (IO) tables and industrial sector-level environmental and energy data, the EIO-LCA analysis allows for broad impact coverage of all sectors directly and indirectly involved with electricity generation.
728
30 Mar 2023
Topic Review
The Structural Approach of Market Competition
Competition assessment in the economics is based on the theory of market struc-ture. There are two perceptions of industrial competition—dynamical and statical. A statical picture shows—a long-term balance of industrial competition which will exist if the industry would be described as a market entity in perfect competition, having the constant technology [9]. Distorted competition arises from the advantages of various processes, economies of capacity, lower prices, which support greater market power of one against its competitors. Robust approach states—that the market is often imperfect. Distorted competition arises from modern innovation, product derivations, technological advances in production processes. In addi-tion, monopoly situation is volatile because of creative destruction. Whereas factors connected with technological progress and firm innovation are difficult to detect from a dynamic point of view.
725
27 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.
725
06 Jun 2021
Topic Review
Impact of Internet of Things on Inventory Management
The advancement of Industry 4.0 technologies has affected every aspect of supply chains. Enterprises have tried to create more value for their businesses by tapping into these new technologies. Warehouses have been one of the most critical sections in a supply chain affected by Industry 4.0 technologies.
725
02 Jun 2022
Topic Review
Over-the-Counter
Over-the-counter (OTC) or off-exchange trading or pink sheet trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exchanges. A stock exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price. In an OTC trade, the price is not necessarily publicly disclosed. OTC trading, as well as exchange trading, occurs with commodities, financial instruments (including stocks), and derivatives of such products. Products traded on the exchange must be well standardized. This means that exchanged deliverables match a narrow range of quantity, quality, and identity which is defined by the exchange and identical to all transactions of that product. This is necessary for there to be transparency in trading. The OTC market does not have this limitation. They may agree on an unusual quantity, for example. In OTC, market contracts are bilateral (i.e. the contract is only between two parties), and each party could have credit risk concerns with respect to the other party. The OTC derivative market is significant in some asset classes: interest rate, foreign exchange, stocks, and commodities. In 2008 approximately 16 percent of all U.S. stock trades were "off-exchange trading"; by April 2014 that number increased to about 40 percent. Although the notional amount outstanding of OTC derivatives in late 2012 had declined 3.3% over the previous year, the volume of cleared transactions at the end of 2012 totalled US$346.4 trillion. "The Bank for International Settlements statistics on OTC derivatives markets showed that notional amounts outstanding totalled $693 trillion at the end of June 2013... The gross market value of OTC derivatives – that is, the cost of replacing all outstanding contracts at current market prices – declined between end-2012 and end-June 2013, from $25 trillion to $20 trillion."
724
08 Nov 2022
Topic Review
Relationship of Artificial Intelligence, Advertising, and Generative Models
Although artificial intelligence technologies have provided valuable insights into the advertising industry, more comprehensive studies that properly examine the applications of AI in advertising using scientometric network analysis are needed.
725
11 Mar 2024
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