In this study we try to detect the relationship between financial and real sector employing in the estimation procedure the recent time–series techniques of co–integration, vector error–correction modelling and Granger multivariate causality. We contribute to the existing...

Traditional economic theory, up to the middle of the twentieth century, builds up the production functions regardless the inputs' scarcity. In the last few decades has been clear that both the inputs are depletable quantities and a lot of constraints are imposed in their usage in order to ensure...

Dynamic modeling is general and recently the most interesting perspective to solve a dynamic economic problem based on Pontryagin's maximum principle. Moreover traditional economic theory, up to the middle of twentieth century, builds up the production functions regardless the inputs' scarcity....

The timely and continuing adaptation of companies to the rapid changes in the market is a prerequisite to survival and growth. Simultaneously, the smooth adaptation of employees to changes contributes not only to the improved running of organizations but also to their personal improvement and...

Scientific research on Greenhouse Gases (GHG) focuses mainly on CO2 emissions. But non-CO2 gases (mainly F-gases in the form of HFCs, PFCs, SF6) are more potent at trapping heat within the atmosphere. Currently, F-gases constitute a small proportion of GHG emissions but they are extremely high...

Marine and coastal ecosystems are of high importance owing to the mankind dependence on the goods and services provided. Due to the lack of an official market to valuate non-marketed goods and services, contingent valuation is applied intensively in order to provide the policy makers and the...