To ensure security of supply in the power sector, many countries are already using or discussing the introduction of capacity mechanisms. Two main types of such mechanisms include capacity markets and capacity reserves. Simultaneously, the expansion of variable renewable energy sources increases...

This paper studies a class of two-player all-pay contests with externalities that encompass a general version of duopoly price competition. This all-pay contest formulation puts little restriction on production technologies, demand, and demand rationing. There are two types of possible...

The rapid development of digital technology is reshaping the global economic landscape. However, its impact on firms' capacity utilization rate (CUR), particularly through technological innovation, remains unclear. This study investigates this issue by developing an endogenous growth model that...

This paper studies the role of capacity utilisation in explaining investment behaviour in Italian SMEs and large firms. We propose a framework in which firms with high capacity utilisation are more likely to invest in maintaining a buffer against future shocks. Using firm-level data from the...

Die Rüstungsindustrie stand lange Zeit nicht im Fokus der wirtschaftspolitischen Debatte. Der Export von Waffen und Dual-Use-Gütern wird restriktiv gehandhabt. Die Ausgaben für die Ausrüstung der Bundeswehr waren im Vergleich zu anderen Ländern niedrig, was die Branche unter Druck setzte....

Purpose: This research develops a model integrating inventory with order pick-up that considers both the vendor's capacities and the pick-up time for the multi-vendor single-buyer (MVSB) system. Design/methodology/approach: A model of integrating inventory with pick-up of order considering both...

Online restaurant aggregators, which connect diners with restaurants and organize the delivery of ordered meals, have experienced significant growth in recent years. Meal delivery logistics is quite challenging, primarily due to the difficulty in managing the supply of delivery resources, i.e.,...

This paper examines and proposes strategies to strengthen the development and regulation of Higher Education in the Philippines as enacted by the Commission on Higher Education (CHED). Through a comprehensive review of CHED's mandate, a comparative analysis of higher education systems throughout...

In this paper, Structural Vector Autoregressive (SVAR) models of quarterly data between 2007 and 2021 are estimated to assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of the conventional neo-Goodwinian baseline case, with...

Die Rüstungsindustrie stand lange Zeit nicht im Fokus der wirtschaftspolitischen Debatte. Der Export von Waffen und Dual-Use-Gütern wird restriktiv gehandhabt. Die Ausgaben für die Ausrüstung der Bundeswehr waren im Vergleich zu anderen Ländern niedrig, was die Branche unter Druck setzte....

The investigation into the employment-generating capacity of industries has captured the interest of numerous scholars on a global scale. However, there is a paucity of literature on the impact of the capacity underutilization of dairy processing plants (DPPs) on employment multipliers. This...

Many manufacturing firms face considerable difficulties in building export capacity and selling their products in international markets. These firms often struggle with unpredictable cost changes, logistical problems along the supply chain, and rising labor expenses that could threaten the...

One objective of retail electricity markets is to enable end-use consumers to incorporate their reliability preferences into their purchasing decisions. This paper investigates if and how this can be done in electricity markets with a capacity requirement. It integrates the standard loss of load...

This paper analyses capacity markets and proposes an approach to incorporate the flexibility of residential consumers in these markets considering reliability as a differentiated product. We introduce and assess the potential of non-linear pricing schemes, specifically priority pricing...

Sub-Saharan Africa (SSA) countries, like most developing countries, face major challenges to achieve strong, sustainable, and inclusive growth with the view to reduce significantly persistent poverty and inequality. Many of these challenges results from a high level of economic vulnerability due...

Purpose To enrich the research on the economic consequences of enterprise digital development from the perspective of capacity utilization. Design/methodology/approach Using a sample of listed firms from 2010 to 2020, this paper exploits text analysis of annual reports to construct a proxy for...

This study examines the complex relation among environmental taxes, productive capacities, urbanization, and their collective effects on environmental quality in Africa, drawing on two decades of data from twenty African countries. It situates the study within the broader discourse on...

Overlapping ownership has contrasting effects on capacity investments if duopoly firms invest sequentially. The follower’s reaction is less aggressive, but the leader acts more aggressively, either by choosing larger capacities or by shifting from accommodation to deterrence. If it shifts the...

This study aimed to demonstrate the profound impact of reducing excess capacity in terms of capital intensity on the growth rate of labor productivity in the manufacturing industry sector. The research was conducted for PhD study in 2019 across 55 groups of Indian manufacturing industries in six...

This paper studies behavioural responses to a discontinuous (‘notched’) revenue scheme for renewable energy production, in which support the scheme depends on the installed capacity. We present a simple model demonstrating that this discontinuous revenue function causes capacity bunching...

This study delves into the origins of excess capacity by examining the reactions of capital, labor, and capital intensity. To achieve this, we have employed a novel three-layered production function model, estimating the elasticity of substitution between capital and labor as a nested layer,...

Supplier selection is critical in the sourcing process: retailers evaluate candidate suppliers across multiple attributes including price, quality, speed, and service to locate an ideal supply chain partner. While related theoretical research requires prior knowledge of retailers’ preferences...

This study delves into the origins of excess capacity by examining the reactions of capital, labor, and capital intensity. To achieve this, we have employed a novel three-layered production function model, estimating the elasticity of substitution between capital and labor as a nested layer,...

Limited information about the demand for some of the resources needed to produce goods and services (e.g., incomplete and imperfect bills of materials) forces firms to use heuristics when planning resource capacity. We examine the performance of five heuristics: two drawn from practice, two that...

This study focuses on the lot sizing problem with setup carry-over in multi-item multi-echelon capacitated production systems under uncertain customer demand. We investigate budget-uncertainty robust optimization and scenario-based stochastic programming, to address the uncertainty in customer...