Economic dynamic model for small islands

Small Islands’ Quest for Economic Development

Using time series data, the paper analyses the economic structure of island countries. The results are illustrated using five case studies. It is demonstrated that countries pursuing strategies based on service industries or exports of light manufactures have been more successful in attaining development objectives. This success has been translated into improved welfare for the populations of t...

Oil, Government’s Budget and Economic Growth: A Dynamic Panel Data Model for Selected Oil Exporting Economies

Recognition of economic growth determinants is one of the most important concerns for economists. In the oil exporting countries oil revenues play a significant role for the economy alongside with other economic growth determinants. This paper attempts to investigate the role of oil in selected oil-revenue dependent economies. Since oil revenue goes directly to public treasury and is expended b...

A dynamic lattice model for heterogeneous materials

In this paper, the mechanical behavior of three-phase inhomogeneous materials is modeled using the meso-scale model with lattice beams for static and dynamic analyses. The Timoshenko beam theory is applied instead of the classical Euler-Bernoulli beam theory and the mechanical properties of lattice beam connection are derived based on the continuum medium using the non-local continuum theory. T...

16 Small islands Coordinating

16 Small islands