In this paper we examine the role played by environmental externalities in shaping the dynamics of an economy with two sectors (a farming sector and an industrial one), free inter-sectoral labor mobility and heterogeneous agents (workers/farmers and industrial entrepreneurs). We find that, in the presence of the environmental pressure of the economic activity of the industrial sector, the stabi...

One of the most important duties of financial economy is modeling and forecasting the volatilities of price of risky assets. From analysts and policy makers’ view, price volatility is a key variable contributing to perception of market volatilities. Therefore, analysts need to have an appropriate of forecast of price volatility as a necessary input to perform duties such as risk management, por...

Industrial chemicals and materials are currently derived mainly from fossil-based raw materials, which are declining in availability, increasing in price and are a major source of undesirable greenhouse gas emissions. Plant oils have the potential to provide functionally equivalent, renewable and environmentally friendly replacements for these finite fossil-based raw materials, provided that th...

In order to identify main drivers behind changes in electricity and fuel consumptions in the industrial sector in Jordan; a Laspeyers decomposition technique was used to identify the factors affecting this demand during 1998-2005 years Changes have been disaggregated into production, structural, and efficiency effects. Results of the decomposition analysis prove that rapid increases in industri...

The industrial society for the last century has been stoked by oil as the cheap energy source. However, ominous signs of oil depletion, in fulfillment of M. King Hubbert’s “Peak Oil” theory, may be eerily encroaching upon us and may portend “The Olduvai Theory’s” dramatic consequences. The implications of dwindling cheap oil supplies are catastrophic for maintaining industrial societies’ econom...

T he main objective of the present study is to find out a clear answer to the question raised in developing countries, that whether such developing economies could be able to achieve economic growth as well as protect their environment simultaneously or these economies still suffer from a severe conflict between environmental protection and economic growth. So, different categories o...

This study seeks to investigate the growth in agricultural, industrial and services sector of Pakistan in terms of their relative impacts on poverty reduction within the country. Further, it identifies the dynamic effects of growth on poverty as a way to capture the usual ‘trickle down’ effects. Secondary data ranging from 1981-2010 are used in the analysis and the results are obtained through ...

Castor oil is 90% ricinoleate (12-hydroxy-oleate) and has numerous industrial uses. Components of castor bean (Ricinus communis L.) pose serious problems to processors. We are evaluating two complementary approaches to providing a safe source of castor oil.