Economic Analysis

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Simone Righi - One of the best experts on this subject based on the ideXlab platform.

  • Inequality, mobility and the financial accumulation process: a computational Economic Analysis
    Journal of Economic Interaction and Coordination, 2019
    Co-Authors: Yuri Biondi, Simone Righi
    Abstract:

    Our computational Economic Analysis investigates the relationship between inequality, mobility and the financial accumulation process. Extending the baseline model by Levy et al., we characterise the Economic process through stylised return structures generating alternative evolutions of income and wealth through time. First, we explore the limited heuristic contribution of one and two-factors models comprising one single stock (capital wealth) and one single flow factor (labour) as pure drivers of income and wealth generation and allocation over time. Second, we introduce heuristic modes of taxation in line with the baseline approach. Our computational Economic Analysis corroborates that the financial accumulation process featuring compound returns plays a significant role as source of inequality, while institutional arrangements including taxation play a significant role in framing and shaping the aggregate Economic process that evolves over socioEconomic space and time.

  • inequality mobility and the financial accumulation process a computational Economic Analysis
    2015
    Co-Authors: Yuri Biondi, Simone Righi
    Abstract:

    Our computational Economic Analysis investigates the relationship between inequality, mobility and the financial accumulation process. Extending the baseline model by Levy et al., we characterise the Economic process trough stylised return structures generating alternative evolutions of income and wealth through historical time. First we explore the limited heuristic contribution of one and two factors models comprising one single stock (capital wealth) and one single flow factor (labour) as pure drivers of income and wealth generation and allocation over time. Then we introduce heuristic modes of taxation in line with the baseline approach. Our computational Economic Analysis corroborates that the financial accumulation process featuring compound returns plays a significant role as source of inequality, while institutional configurations including taxation play a significant role in framing and shaping the aggregate Economic process that evolves over socioEconomic space and time.

  • inequality and the financial accumulation process a computational Economic Analysis of income and wealth dynamics
    Social Science Research Network, 2015
    Co-Authors: Yuri Biondi, Simone Righi
    Abstract:

    Our computational Economic Analysis investigates the relationship between inequality and the financial accumulation process in the study of income and wealth distributions. Extending the baseline model by Levy et al., we characterise the Economic process trough featured return structures generating alternative stylised evolutions of income and wealth through historical time. First we explore the limited heuristic contribution of one and two factors models comprising one single stock (capital wealth) and one single flow factor (labour) as pure drivers of income and wealth generation and allocation over time. Then we introduce heuristic models of taxation and financial market pricing in line with the baseline approach. Our computational Economic Analysis corroborates that the financial accumulation process featuring compound returns plays a significant role as socioEconomic source of inequality, while institutional configurations play a significant role in framing and shaping the aggregate Economic process that evolves over socioEconomic space and time.An updated version is available at: http://ssrn.com/abstract=2628536

Yuri Biondi - One of the best experts on this subject based on the ideXlab platform.

  • Inequality, mobility and the financial accumulation process: a computational Economic Analysis
    Journal of Economic Interaction and Coordination, 2019
    Co-Authors: Yuri Biondi, Simone Righi
    Abstract:

    Our computational Economic Analysis investigates the relationship between inequality, mobility and the financial accumulation process. Extending the baseline model by Levy et al., we characterise the Economic process through stylised return structures generating alternative evolutions of income and wealth through time. First, we explore the limited heuristic contribution of one and two-factors models comprising one single stock (capital wealth) and one single flow factor (labour) as pure drivers of income and wealth generation and allocation over time. Second, we introduce heuristic modes of taxation in line with the baseline approach. Our computational Economic Analysis corroborates that the financial accumulation process featuring compound returns plays a significant role as source of inequality, while institutional arrangements including taxation play a significant role in framing and shaping the aggregate Economic process that evolves over socioEconomic space and time.

  • inequality mobility and the financial accumulation process a computational Economic Analysis
    2015
    Co-Authors: Yuri Biondi, Simone Righi
    Abstract:

    Our computational Economic Analysis investigates the relationship between inequality, mobility and the financial accumulation process. Extending the baseline model by Levy et al., we characterise the Economic process trough stylised return structures generating alternative evolutions of income and wealth through historical time. First we explore the limited heuristic contribution of one and two factors models comprising one single stock (capital wealth) and one single flow factor (labour) as pure drivers of income and wealth generation and allocation over time. Then we introduce heuristic modes of taxation in line with the baseline approach. Our computational Economic Analysis corroborates that the financial accumulation process featuring compound returns plays a significant role as source of inequality, while institutional configurations including taxation play a significant role in framing and shaping the aggregate Economic process that evolves over socioEconomic space and time.

  • inequality and the financial accumulation process a computational Economic Analysis of income and wealth dynamics
    Social Science Research Network, 2015
    Co-Authors: Yuri Biondi, Simone Righi
    Abstract:

    Our computational Economic Analysis investigates the relationship between inequality and the financial accumulation process in the study of income and wealth distributions. Extending the baseline model by Levy et al., we characterise the Economic process trough featured return structures generating alternative stylised evolutions of income and wealth through historical time. First we explore the limited heuristic contribution of one and two factors models comprising one single stock (capital wealth) and one single flow factor (labour) as pure drivers of income and wealth generation and allocation over time. Then we introduce heuristic models of taxation and financial market pricing in line with the baseline approach. Our computational Economic Analysis corroborates that the financial accumulation process featuring compound returns plays a significant role as socioEconomic source of inequality, while institutional configurations play a significant role in framing and shaping the aggregate Economic process that evolves over socioEconomic space and time.An updated version is available at: http://ssrn.com/abstract=2628536

Albert Ratner - One of the best experts on this subject based on the ideXlab platform.

  • clean poultry energy system design based on biomass gasification technology thermodynamic and Economic Analysis
    Energies, 2019
    Co-Authors: Guiyan Zang, Nathaniel Weger, Jianan Zhang, Albert Ratner
    Abstract:

    Despite growing attention has been paid to waste material gasification for high-efficiency energy conversion, the application of gasification technology in meat waste management is still limited. To fill this gap, this study designed two systems which evaluated the potential of using gasification technology to manage the poultry waste that has been exposed to highly pathogenic avian influenza (HPAI). Two systems are simulated by using Aspen plus combined with a one-dimensional kinetics control gasification model, and wood or dried poultry is selected as the feedstock for the gasifier. The results show that the energy efficiency of the poultry drying system (wood gasification) is 14.5%, which is 12% lower than that of the poultry gasification system when the poultry energy is accounted as energy input. Even though the Economic Analysis indicates the poultry elimination cost of the poultry gasification system is only 30 $/tonne lower than the poultry drying system, taking the absence of dried poultry burial into consideration, the poultry gasification system has development potentials. The sensitivity Analysis shows that labor fee and variable factor has larger effects on the poultry elimination cost, while the uncertainty Analysis determines the uncertainty level of the Economic Analysis results.

Sathans Suhag - One of the best experts on this subject based on the ideXlab platform.

  • Techno-Economic Analysis of a hybrid renewable energy system for an energy poor rural community
    Journal of energy storage, 2019
    Co-Authors: Om Krishan, Sathans Suhag
    Abstract:

    Abstract Grid-independent hybrid renewable energy systems (HRESs), being eco-friendly and cost effective, are turning out to be more effective option for the rural areas where grid power availability is poor. This paper presents the techno-Economic Analysis and optimum design of a HRES, as proposed to meet out the residential and agricultural electric load requirements of an energy poor community of Yamunanagar district in the State of Haryana, India. Three different optimal configurations, viz. wind/battery, PV/battery and wind/PV/battery are compared in respect of net present cost (NPC) and cost of energy (COE) to determine most Economically viable option. For Economic Analysis and optimum sizing, all the necessary modelling and simulation is carried out using HOMER (Hybrid Optimization Model for Electric Renewable) software. From the simulation results, it is established that wind/PV/battery based HRES is the most cost-effective configuration for the specific location this investigation is about and also the optimum sizes of the different components are obtained. Further, for technical Analysis, a MATLAB/Simulink model of the optimized system is built and its effectiveness is demonstrated in terms of maintaining active power balance between the different components of HRES as well as keeping DC link voltage (VDC) and output AC voltage constant, irrespective of variations in solar irradiance, wind speed and connected load. The novelty of this work lies in using both HOMER and MATLAB simulation tools sequentially to carry out techno-Economic Analysis of the proposed HRES and validate the proposition.

Eric S Toberer - One of the best experts on this subject based on the ideXlab platform.

  • performance modeling and techno Economic Analysis of a modular concentrated solar power tower with latent heat storage
    Applied Energy, 2018
    Co-Authors: Christopher Oshman, Michele L Olsen, Corey L Hardin, Eric S Toberer, Philip A. Parilla, Greg C. Glatzmaier, Nathan P Siegel, David S. Ginley
    Abstract:

    In this paper, we present performance simulations and techno-Economic Analysis of a modular dispatchable solar power tower. Using a heliostat field and power block three orders of magnitude smaller than conventional solar power towers, our unique configuration locates thermal storage and a power block directly on a tower receiver. To make the system dispatchable, a valved thermosyphon controls heat flow from a latent heat thermal storage tank to a Stirling engine. The modular design results in minimal balance of system costs and enables high deployment rates with a rapid realization of economies of scale. In this new Analysis, we combine performance simulations with techno-Economic Analysis to evaluate levelized cost of electricity, and find that the system has potential for cost-competitiveness with natural gas peaking plants and alternative dispatchable renewables.