Nowadays the reduction or elimination of waste has become a major environmental concern among industrialized countries and a priority for companies. In this work it is carried out a review of the postulates of the classical economic model, existing until a few dates, in connection with the...

Existing cluster policies, which are being implemented in some developing countries, tend to be directive and inflexible; moreover, artificial clusterization may lead to suppression of SME in a region and to decrease in social welfare. Therefore, cluster strategy modernization is of a great...

The present paper presents key sector research for the Namibian economy, based on input–output and Social Accounting Matrix (SAM) analyzes. The analyses were derived from a Namibian SAM for the 2004 period, using 28 economic sectors. We find that mining and government services are currently...

In this article, premium risk concept is used to value the cost of water uncertainty for a risk adverse farmer in the Segura Basin. The obtained estimation would proportionate the increment in the willingness to pay for a more secure resource. This calculus can be taken into account by...

This study examines the effect of financial factors on the sugar market by using Generalized Autoregressive Conditional Heteroskedasticity (GARCH) models. The results show that changes in capital and energy markets returns have a positive impact on the mean returns of Sugar futures as opposed to...

Currently agriculture in Albania makes up about 23% of GDP (MoAFCP 2008a). The dairy industry, and along with it the milk collection system, are still in the course of modernizing structures and technologies. As milk is a very important component of the Albanians diet, this study explores...