In this note we study the distortions in an endogenous growth model developed by Grimaud and Tournemaine (2007), where new pieces of knowledge are produced in a R&D sector and used to reduce pollution emissions. Using this model along with a realistic calibration, we conclude that the economy strongly underinvests in R&D, such that the policy maker would need to implement a strong tax-subsidy s...

The adsorption energy of the BMSF-BENZ adsorbed complexes was investigated to understand non-local dispersion interactions, with many other chemical parameters related this subject like HOMO and LUMO, gap, time needed for be desorbed from nanotube (recovery time). Our study reveals that Al-CNT is a promising adsorbent drug as Eads BMSF-BENZ/Al-CNT are -22.09, -38.68, -12.89, -31.01, -27.31, -21...

Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history shocks, what economists refer to as “hysteresis,” argues for unifying analysis cycles. In this paper, we review recent empirical theoretical literature that motivates paradigm shift. The renewed interest in hysteresis (or “scarring” parlance) has sparked by pe...

abstract: decentralization is a process in which local affairs are administrated by local authorities outside of activities of the central government. today, decentralization policy is considered as one of the ways that most countries adopted to improve public sector performance. in this paper using geometric analysis, innovation that this paper represents, an econometric model is considered to...