We study the dynamics of the manufacturing component of GDP. We first document that the output growth rate for the majority of sectors and their aggregates is different (asymmetric) in recessions and expansions. Compared to expansions, recessions are deeper deviations from trend and have shorter expected duration. This finding raises a basic question that we address in this paper. Which factors...

Financial risk is an objective phenomenon in economic activities. It has received extensive attention in theoretical and practical fields. For each company and operators in the market economy, the financial risk is an objective existence. The manufacturing industry as a pillar industry of China’s economic development, occupies a large proportion in China’s listed company. However because of the...

Chair: Prof. Bianca M. Colosimo Within the current global economic scenario, striving to recover from general slowdown and uncertainty, Mechanical Engineering still stands out as one of the leading and driving sectors of industrial manufacturing in Italy. In terms of per-capita manufacturing production, our country ranks 2nd in Europe and 5th on a worldwide scale (Confindustria, Scenari Industr...

social capital can improve industrial growth via different mechanisms. in this study, taking the improvement of technology through social capital as one of the mechanisms, we have analyzed the effect of social capital on industrial growth theoretically and empirically. according to the findings of the article, derived from our cointegration model, and iranian economic data (1966-2006), social c...

Every manufacturing organization faces undesirable and unwanted setback in its day to day operations. These are referred to as operational disturbances in this research. The disturbances put an organization at production, economic and occupational risks. To deal with these risks, an organization needs to implement an appropriate risk management process, which is what this paper aims for. In thi...

We present a theory of spatial development. Manufacturing and services …rms located in a continuous geographic area choose each period how much to innovate. Firms trade subject to transport costs and technology di¤uses spatially across locations. The result is a spatial endogenous growth theory that can shed light on the link between the evolution of economic activity over time and space. We ap...

Industries are one of the main sources of pollution in the world. Besides, the levels of energy resources consumption including water, electricity, and fossil fuel are very different among industries. On the other hand, Iranian government pays a large amount of energy subsidy to manufacturing units. Because of it, the government wants to know which of manufacturing industries are efficient, pro...

The manufacturing environment is becoming increasingly dynamic with upsurges in electronic-commerce, supply chain management, forecasting, and procurement and resource planning. It also includes trends toward more process data acquisition and analysis, shorter production runs, and more stringent quality requirements. These drivers lead to an opportunity for companies to collect and use informat...

machine-part family formation is one of major applications of group technology (gt). the machine cell formation problem in cellular manufacturing system (cms) involves the decomposition of the manufacturing system into machine cells. part families are identified such that they are fully processed within a machine cell. the problem of cell design is a very complex task with wide ranging implicat...

Recycling waste products is an environmental-friendly activity that can bring benefits to accompany, saving manufacturing costs and improving economic efficiency. For the beer industry, recycling bottles can reduce manufacturing costs and reduce the industry’s carbon footprint. This paper presents a model for a multi-objective collection-distribution center location and allocation problem in a ...