Developing effective selection programs for improving the performance of livestock requires taking the economical selection indices into account. The present study was performed for comparing four selection indices developed in Kermani sheep through simulated data. The relative importance of traits was determined based on the estimated economic values and consequently, the most beneficial trait...

This paper uses monthly data from April 2005 to August 2013 for Taiwan to propose a novel tourism indicator, namely the Tourism Conditions Index (TCI). TCI accounts for the spillover weights based on the Granger causality test and estimates of the multivariate BEKK model for four TCI indicators to predict specific tourism and economic environmental indicators for Taiwan. The foundation of the T...

For the 20(th) century since the Depression, we find a strong correlation between a 'literary misery index' derived from English language books and a moving average of the previous decade of the annual U.S. economic misery index, which is the sum of inflation and unemployment rates. We find a peak in the goodness of fit at 11 years for the moving average. The fit between the two misery indices ...

Modeling and analysis of future prices has been hot topic for economic analysts in recent years. Traditionally, the complex movements in the prices are usually taken as random or stochastic process. However, they may be produced by a deterministic nonlinear process. Accuracy and efficiency of economic models in the short period forecasting is strategic and crucial for business world. Nonlinear ...

Hidalgo & Hausmann’s (2009) Economic Complexity Index (ECI) measures the complexity of national economies in terms of product groups. Analogously to ECI, we develop the Patent Complexity Index (PatCI) on the basis of a matrix of nations versus patent classes. Using linear algebra, the three dimensions—countries, product groups, and patent classes—can be combined into an integrated (“Triple Heli...