In all conditions of time and space, economic activity necessarily involves active work as a determinant factor of production and beneficiary of its results. In the market economy, labor services are provided to production, as with the other factors of production, through market transactions....

A statistical approach to market equilibrium and efficiency analysis is proposed in this paper. One factor that governs the exchange decisions of traders in a market, named willingness price, is highlighted and constitutes the whole theory. The supply and demand functions are formulated as the...

Biodiesel production through transesterification of vegetable oils and animal fats is rapidly increasing due to strong governmental policies and incentives. However, corresponding increase in the production of crude glycerol causes mixed effects. Sustainable biodiesel production requires...

Remarks at the National Association for Business Economics Annual Meeting, New York City.

Migration has been an important part of the transition process and it's effects are complex including significant changes in attitudes and norms that are relevant for democratic processes. Migration changes the way of life, leads to social-economical and cultural modification, at a continuous...

While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.

Sustaining and accelerating agricultural growth remains a development imperative in view of persistent rural poverty and emerging threats to food security. While growth can be achieved by expansion of agricultural area and input intensification, growth through improvement in productivity is a...