This paper reports on a cost-effectiveness analysis of four types of water heating systems operating in a situation where there is an unreliable water supply. These systems are electric water heating, a solar water heating system (SWHS) with electricity back-up, the SWHS with an LPG water...

The subject of this paper is forestry projects with foreign participation. We will be dealing with projects in both the resources side and the industrial regiment of the forestry sector. The paper is divided into two parts. Part I deals with the nature, benefits and sources of conflict of...

This paper analyzes the possibility of investment coordination leading to outcomes which dominate non-investment equilibria in the presence of monopolistic competition. We establish when complementarity leads to investment coordination failures and explore the welfare implications of coordinated...

An environment capable of generating both counter- and procyclical movements in markups through the interaction of opposing factors is considered. This framework can account for observed variations in the cyclical behavior of markups across industries. Technology shocks and endogenous labor...

We develop a theoretical model of the dynamics of an industry over the business cycle. In the economy, both aggregate demand and the productivity of a firm's technology evolve stochastically. Each period, firms must choose whether to produce or to exit and attempt to sell off their resources to...

We study the dynamics of an industry subject to aggregate demand shocks where the productivity of a firm's technology evolves stochastically over time. Each period, each firm, given the aggregate demand shock, the productivity of its technology, and the distribution of technology productivities...

Consumer prices are not very responsive to movements in nominal exchange rates and their response has fallen in Canada since the mid 1980s. This paper explores two of the most likely explanations for this decline in exchange rate pass-through to consumer prices: (1) lower inflation and (2)...

In this paper the feasibility of off-grid solar PV systems in Sub Sahara Africa (SSA) is analysed focusing on five major issues in the context of falling system costs: cost-effectiveness, affordability, financing, environmental impact, and poverty alleviation. Solar PV systems are found to be an...

The Himalayan Rivers have an enormous hydropower potential that is still not exploited fully for the benefit of the region. Bhutan and Nepal together have an economically feasible potential of 60,000 MW of hydroelectric power generation capacity but are too weak financially to bear alone the...

The Himalayan Rivers have an enormous hydropower potential that is still not exploited fully for the benefit of the region. Bhutan and Nepal together have an economically feasible potential of 60,000 MW of hydroelectric power generation capacity but are too weak financially to bear alone the...