Human activities have created environmental degradation with the internalization of the resulting externalities having been the main concern for policy makers worldwide. Uncertainty and unconvincing scientific evidence of various biophysical processes are present in many planned environmental...

During the 2008-2010 financial crisis, OECD and IMF changed the definition of foreign direct investment (FDI) to get better information on intra-company financing activity. The new definition gives financing activities by subsidiary affiliates of multinational companies the same status as...

Latent budget analysis is a classification technique that allows clustering identification by using compositional data. This paper presents examples of how this technique deals with the unit-sum constraint by establishing an initial independence model to which subsequent models are compared in...

A balanced economic development is essentially based on self-financing of investment cycle. The efficient use of energy resources and raw materials could rise by increasing the renewal of fixed capital, which is meaning also a shift to a higher technological level. From this correlation is...

This is an exploratory study that attempts to identify and provide empirical evidence on the possible determinants of the market capitalisation of the Harare Stock Exchange (HSE) with the view of understanding the development prospects of the HSE and other similar markets. The study used...

This paper deals with the evaluation of poverty sensitivity to growth and distributional changes in Italy, across its regions and over a three-decade period, spanning from 1977 to 2004. We use the “Survey on Household Income and Wealth” (SHIW) of the Bank of Italy to firstly construct growth...

Dramatic changes to the structure of the power sector have taken place over the past few decades. The major structural change being the introduction of competitive markets and power exchanges. In this paper, we conduct a detailed empirical study of the statistical properties of the Nordic power...

This article highlights the ways of applying various statistic methods with the purpose of comparing modern teaching methods, which are based on the implementation of information technology, with the traditional teaching methods, tested, for a period of two years, in parallel groups:...

This paper aims to study the sensitivity of Bayes estimate of location parameter of an Inverse Gaussian (IG) distribution to misspecification in the prior distribution. It also studies the effect of misspecification of the prior distribution on two-sided predictive limits for a future...