Different wind power projects have different external economics level, the practical evaluation on which can provide reference for wind power projects selection and qualify the role of completed projects. In this paper, the external economies of wind power engineering projects were evaluated by employing VIKOR method. The basic theory of VIKOR method was firstly introduced, and then the empiric...

In emerging economies, political institutions (i.e., government and its agencies), act as a major force in defining and mobilizing resources. IT entrepreneurial firms endeavor to obtain resources from political institutions, named as political institutional resources (PIRs), to overcome insurmountable handicap of resource deficiency. However, how PIRs matter remains unclear. Acknowledging this ...

This article makes an attempt to compare the development patterns of the economies of the East Asian and Central and Eastern European (CEE) regions, which have been the fastest in catching up on the global arena. It observes both the internal features of the economies and economic policies and the parameters characterising their relation with the international background (openness, integration)...

This paper presents a model in which economies of scope in production play a key role in a vertically-linked production structure. It identifies the divergence in the degrees of economies of scope and the attribute spaces of the products in different stages of production as a fundamental economic force behind outsourcing. Among other things, it is shown that outsourcing occurs in the following ...

This paper investigates whether Taylor rule can better guide the monetary policy in developing economies. Existing literatures do not focus on the implementability of rule-based monetary policy in emerging economies. In last two decades a number of industrialised countries have gained success in achieving macroeconomic policy goals by switching to rule-based policy regime from discretionary fra...

We consider general economies in which rational agents interact locally. The local aspect of the interactions is designed to represent in a simple abstract way social interactions, that is, socioeconomic environments in which markets do not mediate all of agents’ choices, which might be in part determined, for instance, by family, peer group, or ethnic group effects. We study static as well as ...

This paper estimates international spillover e§ects of US Quantitative Easing (QE) on emerging market economies. Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock with non-recursive identifying restrictions. This identified shock is then used in another Bayesian panel VAR for emerging market economies to infer the international spillover e§ec...

There has been increasing recognition of the importance of the SME sector in recent years; indeed, the contribution made by SMEs to overall economic development has become widely recognized in many of the newly industrialized economies. In an effort to go beyond some of the present empirical works, this study uses a dataset on both developed and developing economies to examine the contribution ...

There is no doubt that the interest that ISO standard has aroused in the academic field has its parallel in industry. Up to the end of December 2009, at least 1,064,785 ISO 9001 (2000 and 2008) certificates had been issued in 178 countries and economies. The 2009 total represents an increase of 81,953 (+ 8%) over 2008, when the total was 982,832 in 176 countries and economies. On the other hand...

This paper aims to examine indigenous innovation and draw implications for sustainable economic growth in China. It investigates China’s capacity and achievements in indigenous innovation at both the macro and micro levels. China’s indigenous innovation is also compared to that in other major economies in the world. It is found that China’s innovation development is well ahead of other economie...