Relevance. This article addresses the need for a comprehensive approach to analysis of socio-economic data on territorial units. The existing statistical observation system provides vast amount development countries, macro-regions, sub-regions, and municipalities. Despite wealth available, research efforts often remain narrowly focused specific scientific tasks. In field regional economy, many ...

The Aftalion methodology of economic crisis theory presents a complex and comprehensive understanding crises, the exploration which is riddled with nuanced considerations varied perspectives. Primarily, it emphasizes counterintuitive reality that precursor to can be period prosperity, concept often remains overshadowed by multitude factors, including price evolutions various defining junctures....

In this paper we developed and tested an integrated methodology for assessing direct and indirect economic impacts of flooding. The methodology combines a spatial analysis of damage to physical stocks with a general economic equilibrium approach using a regionally-calibrated (to Italy) version of a Computable General Equilibrium (CGE) global model. We applied the model to the 2000 Po river floo...

Discrete-time optimal control problems arise naturally in many economic problems. Despite the rapid growth in computing power and new developments in the literature, many economic problems are still quite challenging to solve. Economists are aware of the limitations of some of these approaches for solving these problems due to memory and computational requirements. However, many of the economic...

Agent-based simulations have produced a variety of interesting contributions to economic research in the past years. Nevertheless, the methodology of economic simulations in general and agent-based simulations in particular is still in question. This is due to the fact that simulations are conducted without considering the underlying theory and links to standard economic approaches. This paper ...

A simple biofuel production system can be first examined for its policy 8 compliance in terms of GHG emission reduction target relative to fossil-based 9 counterparts. More integrated and optimised biorefinery systems with polygeneration 10 can then be evolved with the aid of graphical analysis of marginal emission savings 11 vs. additional economic margins. This bottom-up approach helps to ach...

Transmission planning in a restructured electricity market becomes increasingly complicated. To bridge the gap between economic and engineering considerations, this survey paper suggests a framework to clarify the interactions among various economic and engineering issues by reviewing recent theoretical and practical progress in transmission investment and transmission planning methodology. Thu...