This paper examines the implementation of a Big Push policy in Northern Honduras. Big Push theory emphasizes that pro-active development policy could potentially lead to a Pareto-superior equilibrium. Market forces may not lead to the adoption of increasing-returns production processes, if...

Information and communication technology plays an important role in achieving a higher level of energy efficiency. In particular, energy efficiency can be achieved by integrating information technology into electricity networks to enable the interaction between suppliers and customers (smart...

Information and communication technology plays an important role in achieving a higher level of energy efficiency. In particular, energy efficiency can be achieved by integrating information technology into electricity networks to enable the interaction between suppliers and customers (smart...

Tests for causality and rationality in the coffee futures market were carried out using data from the New York Market. Tests of causality indicated that futures prices strongly influence variations in spot price eight weeks or more to maturity. However, beginning seven weeks to maturity there...

There are historical and institutional reasons behind our economic problems like poverty and environmental damage but it is not acceptable if they persist in years to come. The strategic use of information by individual economic agents establishes a biasing effect on our economy. In case of...

We show that vector error correction models encompass different approaches to analysing market integration; we illustrate our method using English weekly wheat prices, 1770–1820. Price variation decomposes into: (i) magnitude of price shocks; (ii) correlation of price shocks; (iii)...

We study the price response of national brands to the development of private labels. We use monthly data from a consumer survey reporting their purchases for 218 food products. We show that when private labels have a significant effect on national brands prices (144 cases over 218), that is...

Current economic crisis adversely affects small businesses. Such influence prevents creation of new companies and increases the quantity of companies, which wind up their operations. Winding-up of small businesses is often explained by insufficient "entrepreneurship talent" of their owners. At...

The problem of the system of education will be more acute in the context of new information capabilities. Freedom of information leads to the problem of selecting relevant and reliable knowledge and competencies. Disclosure of the associated problems this article is about.

The article deals with the formation of distribution channels in the meat industry. Question of finding channels. Awareness of the problem-added customer value in the channel. The task of shaping the company's own distribution channel products. The procedure of forming a channel of distribution....