The article utilizes the main elements of system analysis and the bases of cognitive science to analyze the concept of the “ecological and economic system”. The characteristics of the conceptual elements of the “green” economy...
26 September 2019
Objectives: We aimed to conduct a modelling study to estimate and predict the economic burden of AD to support the healthcare management of AD in China. Methods: The economic burden of AD was estimated with an evaluation of the prevalence of AD patie...
There continues to be significant attention and investment in wind power generation, which can supply a high percentage of the global demand for renewable energy if harvested efficiently. The research study is based on a techno-economic analysis of t...
Wave energy converter (WEC) optimization often underlines incremental and iterative approaches that result in suboptimal solutions, since all the elements that concur with a techno-economical evaluation are optimized separately due to computation con...
This paper studies the economic growth of the countries in the Group of Twenty (G20) in the period 1970–2018. It presents dynamic models for the world’s most important national economies, including for the first time several economies whi...
Hydro-economic models (HEMs) constitute useful instruments to assess water-resource management and inform water policy. In the last decade, HEMs have achieved significant advances regarding the assessment of the impacts of water-policy instruments at...
This article develops an interdisciplinary framework that applies topological and graph-theoretical methods to public procurement markets and digital platform economies. Conceptualizing legal–economic interactions as dynamic networks of nodes a...
Orchard meadows, a traditional agroforestry system in Switzerland combining the dual use fruit and fodder production, are declining, even though the farmland managed under agri-environmental schemes (AES) has been expanding. Despite increasing intere...
The subject matter of this study is connected to the functions of socially responsible business, which has become an essential topic within the insurance sector during the COVID-19 pandemic. This issue has received increasing attention from scientifi...
In rural Nepal, micro-hydropower plant mini-grids provide renewable electricity to thousands of communities but the plants often have poor financial sustainability. Widespread uptake of electric cooking in such communities is currently not feasible d...
This study examines the dynamic interaction between oil, natural gas, and prices with Indian economic policy uncertainty (EPU). The study finds that gold prices and industrial production are fundamental drivers of Indian economic policy uncertainty i...
Grand social challenges, such as type 2 diabetes (T2D), are increasing, which creates sustainability problems for health care service systems. To reduce socio-economic burdens, changes are required in the socio-technical system. However, there is an...
Produced water (PW) is a by-product of oil and gas extraction, of which it is deemed as the primary contributor of wastewater stream in oil production. Conventional treatment such as membrane separation is favoured due to its sustainability and cost...
The current linear economic system has led Europe to unsustainable development, aggravating several issues, such as climate change, limitation of resources, and pollution. As a sustainable alternative, circular economy (CE) has been promoted around t...
The aim of this paper is to provide a systematic insight into the socio-economic aspects of the last two economic crises in Slovenia: the Economic crisis between 2009 and 2013, and the COVID-19 crisis in 2020. A three-stage territorial model was deve...
This paper proposes a fractional-order economic growth model with time delay based on the Solow model to describe the economic growth path and explore the underlying growth factors. It effectively captures memory characteristics in economic operation...
Ports exposed to high energy long wave conditions can experience significantly reduced berth availability, leading to loss of throughput. The Port of Geraldton, located in Western Australia, is an example of such a port. A range of alternatives to mi...
This manuscript addresses the problem of data driven model based economic model predictive control (MPC) design. To this end, first, a data-driven Lyapunov-based MPC is designed, and shown to be capable of stabilizing a system at an unstable equilibr...
The field of water management is continually changing. Water has been subject to external shocks in the form of climate change and globalization. Water management analysis is subject to disciplinary developments and inter-disciplinary interactions. A...
This paper presents a review of literature on the development of climate economy models in Malaysia from 1988 to 2020. The type of climate economic models used in Malaysia and their attributes were analyzed. The key attributes reviewed include functi...
The risk of corporate financial distress negatively affects the operation of the enterprise itself and can change the financial performance of all other partners that come into close or wider contact. To identify these risks, business entities use ea...
This paper presents a novel approach to prognosing European economic crises through the development of an economic–financial risk sensitivity model. The model integrates key macroeconomic indicators such as government deficit (NETGDP), GINI coe...
In this paper, we consider the problem of economic model predictive control of wastewater treatment plants based on model reduction. We apply two model approximation methods to a wastewater treatment plant (WWTP) described by a modified Benchmark Sim...
At diagnosis, metastatic prostate cancer (PC) is sensitive to androgen deprivation therapy (ADT), and patients are usually referred to as having castration-sensitive prostate cancer (mCSPC). The combination of ADT and androgen receptor pathway inhibi...
Development and growth are complex and tumultuous processes. Modern economic growth theories identify some key determinants of economic growth. However, the relative importance of the determinants remains unknown, and additional variables may help cl...
The development of adequate modeling at the basin level to establish public policies has an important role in managing water resources. Hydro-economic models can measure the economic effects of structural and non-structural measures, land and water m...
In this paper, we investigate the existence of Hopf bifurcations in a mathematical model that includes economic growth, corruption, and unemployment. The model links these social and economic factors to provide insights into the dynamics of the econo...
Modern power systems integrate ancillary services (ASs) to provide security and quality of service in real-time operation (RTO) due to the intense frequency variations caused by the uncertainty of solar–wind generation. To this end, the ancilla...
For the post-combustion CO2 capture (PCC) system, the time variability of the economic performance is key to the production process of such an actual industrial process. However, the performance index used by the conventional model predictive control...
Urban Photovoltaic (PV) systems can provide large fractions of the residential electric demand at socket parity (i.e., a cost below the household consumer price). This is obtained without necessarily installing electric storage or exploiting tax fund...
Introduction: Energy return on energy invested (EROEI) of fossil fuels has been declining sharply, while modern renewable energy sources generally have even lower EROEI than fossil fuels. It has been repeatedly proven that economic growth expressed i...
In this article, we propose a nonlinear mathematical model that incorporates a discrete time delay. The model is used to analyze the dynamics of a socioeconomic system that includes economic growth, corruption, and unemployment. We introduce the time...
Low-flow events cause socio-economic impacts in various sectors. However, there are few hydro-economic models to quantify these. This article presents a hydro-economic modeling approach to determine the direct economic damage of low flows to freight...
1 July 2019
Econometrics and input–output models have been presented to construct a joint model (i.e., an EC + IO model) in the paper, which is characterized by incorporating the uncertainty of the real economy with the detailed departmental classification...
Planning and managing water resource systems with multipurpose surface reservoirs demand the careful consideration of several critical factors, including system longevity, multiple uses, phased development, substantial financial investments, complex...
The interdependency between interest rates, investment demands and inflation rates in a given economy has a continuous dynamics. We propose a four-dimensional model which describes these interactions by imposing a control law on the interest rate. By...
Although the European business environment induces important premises and assures conditions in determining economic growth and social well-being, the determinant and existent connections between the evolution of small and medium-sized enterprises (S...
In the study presented here, fuzzy logic was used to analyze the behavior of a model of economic dynamics that assumes income to be in equilibrium when it is composed of consumption and investment, that is, when savings and investment are equal. The...
This paper suggests the possibility of incorporating the methodology of fuzzy logic theory into Harrod’s economic growth model, a classic model of economic dynamics for studying the growth of a developing economy based on the assumption that an econo...
Liquefied natural gas (LNG), recognized as the fossil fuel with the lowest carbon emission intensity, is a crucial transitional energy source in the global shift towards low-carbon energy. As the natural gas industry undergoes rapid expansion, the co...
In an unstable economic climate, all market participants want to know is when is the timing to overcome a recession, and what measures and means to use for economic recovery. In this regard, the process through which the Eurozone economy has gained m...
Financial distress prediction models are widely used to support risk management. However, economic turbulence, such as the COVID-19 pandemic, can disrupt the relationships between financial indicators and distress, thus threatening the stability and...
Regional planning agencies increasingly rely on Spatial Economic Models (SEMs) to evaluate the impact of various policies. However, traditional SEMs often employ homogeneous technical coefficients (TCs) to represent technology patterns used by activi...
This study aims at quantifying the degree of concentration of the traditional product market in Romania, and the sector’s productivity and the economic performance of the different categories of traditional products are assessed. This can highl...
This article first selects the “Urban Statistical Yearbook” data of 264 prefecture-level cities in China from 2004 to 2018 as the raw data, and uses principal component analysis and the Wilson model to calculate the spatial information di...
Health economics is a discipline of economics applied to health care. One method used in health economics is decision tree modelling, which extrapolates the cost and effectiveness of competing interventions over time. Such decision tree models are th...
A microgrid cluster is composed of multiple interconnected microgrids and operates in the form of cluster, which can realize energy complementation between microgrids and significantly improve their renewable energy consumption capacity and system op...
The complexity of ecological-economic systems significantly reduces our ability to investigate their behavior and propose policies aimed at various environmental and/or economic objectives. Following recent suggestions for integrating nonlinear dynam...
The sustainable development of mines has been the focus of attention in recent years. In China, there are a large number of untreated mined-out areas, and a series of disasters caused by the instability of the goaf will bring heavy blows to people&rs...
This study presents an overlapping generation model to examine the impact of fertility incentive policies on economic growth in China, incorporating endogenous fertility, education, and technological advancement by integrating unified growth theory w...
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