Problem definition: We examine how the presence of capital market frictions influences decision to invest in production cost reduction and resultant volume. This investment can increase firm’s cash flow by increasing profit margin, but it also decrease risk-free reserves thus affect its exposure frictions. Academic/practical relevance: Process improvement aimed at has generated myriad theoretic...

Background: Socioeconomic indicators are the main factors that affect health outcome. Health price index (HPI) and households living costs (HLC) are affected by economic reform. This study aimed at examining the effect of subsidy targeting plan (STP) on HPI and HLC. Methods: The social accounting matrix was used to study the direct and indirect effects of STP. We chose 11 health related goods a...

Submerged arc welding is preferred over other methods of welding because of its inherent qualities like easy control of process variables, high quality, deep penetration, smooth finish, capability to weld thicker sections. Since the development of submerged arc welding process, welding engineers are striving for reduction in welding cost without compromise in the performance of the weld. Flux u...

OBJECTIVES To determine the cost-effectiveness of complete revascularization at index admission compared with infarct-related artery (IRA) treatment only, in patients with multivessel disease undergoing primary percutaneous coronary intervention (P-PCI) for ST-segment elevation myocardial infarction. METHODS An economic evaluation of a multicenter randomized trial was conducted, comparing com...