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Using input-output analysis to model the effects of changes in industry final demands is fraught with problems, many of which relate to the fundamental limitations of the concomitant linear framework. A further issue concerns the accuracy of the results, a consequence of the uncertainty...
Persistent link: https://www.econbiz.de/10005451774
The paper undertakes a linkage analysis on a regional economy, concentrating on tourism-related sectors. Recent improvements in the accounting for tourism activity, through satellite account frameworks, provide information on tourism-related sectors and their transactions with the rest of the...
Persistent link: https://www.econbiz.de/10011134961
Location Quotients (LQs) remain an important tool for geographical analysis, particularly in terms of assessing industrial specialisation and clustering. LQs as decision aids are typically understood through the use of arbitrarily set cut-off values. However, LQs are rarely accompanied by an...
Persistent link: https://www.econbiz.de/10010678573
Effective monitoring of a minimum wage, requires that establishments potentially paying low wages are effectively identified. This paper investigates the identification of establishments paying low wages prior to the introduction of the British National Minimum Wage in 1999, through the...
Persistent link: https://www.econbiz.de/10005537786
The objective of this paper is to describe the potential offered by the Dempster-Shafer theory (DST) of evidence as a promising improvement on "traditional" approaches to decision analysis. Dempster-Shafer techniques originated in the work of Dempster on the use of probabilities with upper and...
Persistent link: https://www.econbiz.de/10005452695
The decision of whether to buy, hold or sell equities depends on whether the current price reflects the stock’s intrinsic or fundamental value. The residual income valuation model expresses this fundamental value as a function of current book value of equity plus the sum of discounted expected...
Persistent link: https://www.econbiz.de/10010867689
With this study we evaluate the impact of different training methods (TMs) on small and medium-enterprises’ (SMEs’) business performances, utilising a dataset of 3521. We consider the relationship between the satisfaction SMEs have towards their employees’ training needs being met by a...
Persistent link: https://www.econbiz.de/10011003029
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