We rank the participant nations in the Beijing 2008 Olympic Games according to their technical efficiency. Usually they are ranked in accordance with the number of medals they have won and no resources available are considered. In order to evaluate the relative performance of the countries, we...

Understanding the industrial structure of a national or regional economy is one of the central issues in economics. The triangulation of an input-output table (IOT) can be employed to understand the production structure of an economy. Inter-temporal and inter-regional comparisons of multiple...

Resource prices rise when more costly sources need to be exploited. When the world price increases, owners of low-cost sources receive scarcity rents. The magnitude of the rents depends on the range of resource qualities being simultaneously exploited and can represent a substantial transfer of...

Matrix updating methods are used for constructing the target matrix with the prescribed row and column marginal totals that demonstrates the highest possible level of its structural similarity to initial matrix given. A concept of structural similarity has a vague framework that can be slightly...

This paper sheds light on the increase in generation of non-metallic mineral wastes and the decrease in demand for construction by investigating the material flow resulting from and the economic influence of changes in the supply and demand for wastes, focusing on the period from the near future...

Neoclassical growth accounting is a methodology used to measure the contribution of different production factors to economic growth and to indirectly compute the rate of technological progress. This model assumes constant returns to scale and perfectly competitive factor markets, which implies...

In recent years there has been increasing interest in the question of how inequality affects economic growth. This growing interest has recently stimulated new theoretical aswell as empirical research. Some existing theoretical models propose income inequality is detrimental to growth, but...

The study analyzed the growth of agricultural activity in the Amazon region and the consequent increase in deforestation. In addition, it was investigated whether the difference in land productivity observed in agriculture in the region of the Legal Amazon can be justified by low efficiency and,...

This paper by using Data Envelopment Analysis (DEA) and statistical inference evaluates the citation performance of 229 economic journals. The paper categorizes the journals into four main categories (A to D) based on their efficiency levels. The results are then compared to the 27 “core...

Data Envelopment Analysis (DEA) is often used by regulators to create a pseudo-competitive environment for sectors with natural monopolies. In addition to develop a theoretically well-behaved model, regulators need to take into account several other factors, such as the political agenda and the...