A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...

Over the years, the East-West Center (EWC) has developed considerable expertise in refinery modeling, especially in the area of forecasting product balances for countries, given planned capacity changes, changes in product demand, changes in crude slates, and changes in product specifications....

During the last decade, the Venezuelan government has pursued a reform of the legal regime of hydrocarbons tailored to its interests as an oil producing country. However, the ongoing consequences of the global economic recession which negatively impacted the Venezuelan economy, call into...

Econometric Modeling has a wide range if applications, including economy-wide representations. This study takes on the task of finding a suitable structure to model the Venezuelan economy. It is revealed that econometric structural and computable general equilibrium models are inapplicable,...

Nationalization is a particular type of organizational structure where the state or nation controlsthe industry as opposed to private companies or multinational organizations. If one imagines acontinuum of organizational structure, nationalization and privatization would be at oppositeends....

Since the mid-1990s, the two regional trade agreements in South America, the southern Mercosur Pact (among Brazil, Argentina, Paraguay and Uruguay), and the northern Andean Pact (among Venezuela, Colombia, Ecuador, Bolivia, and Peru) noticeably affected certain trade patterns between the two...

Japán és a Távol-Kelet évtizedeken keresztül a világ egyéb térségeinek csodá-latát vívta ki elsősorban az átlagot meghaladó, gyors gazdasági növekedésével. Az 1990-es években a korábbi „keleti motor”-ként tekintett Japán gazdasága kü-lönleges helyzetbe került: a...

The contribution deals with the relation between agricultural production and risk factors. This relation was studied in 2000 in the agricultural plant in South Bohemian region that farms 3420 ha of agricultural land and employs 140 workers. Risk is a natural companion of all business activities,...

In the frame of solution of grant project of the Ministry of Agriculture we assessed productive efficiency of Czech agriculture in the years 1981-1995. With relation to its ability to compete in the period before and after entry of Czech republic to EU. With the aim of analysis of interior...

The selection of appropriate parameters for computable general equilibrium (CGE) models critically affects the results of applied economic modeling exercises. Valid and reliable parameter selection models are needed, and typically comprise direct estimation, expert opinion, or copycatting of...