The physical foundation of economics

Polimeni, Raluca Iorgulescu; Polimeni, John M.

doi:10.1016/j.ecolecon.2006.10.015

Cited by 4 publications

(2 citation statements)

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“…The work of these researchers has established that the development of the US physical economy over the past century reflects a characteristic pattern of sociometabolism and transition, as there has been a significant increase in both the production and trade of materials, a transition from the dominance of renewable biomass to fossil and mineral materials, as well as an increase in the reproduction rate. Wang et al (2022) and Polimeni and Polimeni (2007) established that the analysis of flows showed that population growth plays a significant role in this aspect. The authors also found that the US economy is characterised by a disproportionately large share of global resource use.…”

Section: Discussionmentioning

confidence: 99%

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2023

Scientific Horizons

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Свідоцтво про державну реєстрацію друкованого засобу масової інформації серії КВ № 24997-14937 ПР Науковий журнал включено до категорії А Переліку наукових фахових видань України, у яких можуть публікуватися результати дисертаційних робіт на здобуття наукових ступенів доктора та кандидата ветеринарних, економічних, сільськогосподарських і технічних наук зі спеціальностей: 051 -Економіка; 071 -Облік і оподаткування; 072 -Фінанси, банківська справа та страхування; 073 -Менеджмент; 075 -Маркетинг; 076 -Підприємництво, торгівля та біржова діяльність; 101 -Екологія; 133 -Галузеве машинобудування; 201 -Агрономія; 202 -Захист і карантин рослин; 203 -Садівництво та виноградарство; 204 -Технологія виробництва і переробки продукції тваринництва; 205 -Лісове господарство; 206 -Садово-паркове господарство; 208 -Агроінженерія; 211 -Ветеринарна медицина (наказ МОН України № 1166 від 23 грудня 2022 р.) Журнал представлено у міжнародних наукометричних базах даних, репозитаріях та пошукових системах: Інституційний репозитарій Поліського національного університету, AGRICOLA, CAB Abstracts and Global Health (CABI), Open Academic Journals Index (OAJI), Scopus, Index Copernicus, Реєстр наукових видань України, Національна бібліотека України імені В. І. Вернадського, Crossref, Directory of Open Access Journals (DOAJ) Адреса редакції: Поліський національний університет б-р Старий,

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Section: Discussionmentioning

confidence: 99%

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2023

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Section: Discussionmentioning

confidence: 99%

Analysis of physical economic theory implementation efficiency in the economic activity of Azerbaijan

Ismayil-zada¹

2023

Scientific Horizons

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The physical and economic theory is under-investigated and has no clear definition of its determinants. The main goal of the economic activity of any country is the generation of capital and progress. Azerbaijan is characterised by economic growth, which is accompanied by the country's material resource usage and production of goods by using energy resources and a labour force. The rational use of material resources is quite important, which is the basis for the formation of the country's profitability and the introduction of innovations. That is why the issue of physical economic theory implementation in the economic activity of Azerbaijan is relevant. Establishing the effective use of physical economics in the functioning of the country will help identify the main flaws and develop the main ways to improve the economic activity of Azerbaijan. That is why the study aims to investigate and generalise the aspects of physical economic theory implementation in the economic activity of Azerbaijan. By using the induction method, the determinants of the physical economy were established, which include indicators of industry, energy, trade, and human capital. The analytical method determined that although the economy of Azerbaijan employs a physical economy efficiently, there are problems with the development of production, energy consumption, and labour force. As such, it was determined that the main ways to improve the efficiency of the physical economic theory implementation in the economic activity of Azerbaijan should be: the development and implementation of measures to increase the efficiency of beverage and tobacco, mineral fuel, lubricant, and related material production and employment of measures to reduce energy consumption in the production of non-metallic minerals, iron and steel, chemical and petrochemical products, non-ferrous metals through the introduction of innovative technologies. At the same time, the number of jobs should be increased, the skills of workers should be developed, and the quality of education in Azerbaijan should be improved following international standards. As such, the practical value of the research is predetermined by the characterisation of the main determinants of the physical economy of the country, which can be used in further scientific research to analyse the effectiveness of the physical economic theory implementation in the economic activity of countries

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Analysis of the influence to productivity of software corrective maintenance using an economic model

Huang

Kong

Sandrasegaran

2014

Proceedings of 2nd International Conference on Information Technology and Electronic Commerce

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This paper presented an economic model for productivity of software corrective maintenance. The productivity is modeled using economic value of the maintenance process as the output, and the pre-committed fixed cost and variable cost as input. The relationship of the economic value and these cost components are modeled using analytical theory of investment. The values of corrective maintenance process are analyzed. A simulation approach is demonstrated to analyze the influences to the productivity in corrective maintenance. This approach provided a tool to identify and analyze the optimal parameters in productivity using the economic model and simulation.

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The physical foundation of economics

Cited by 4 publications

References 1 publication

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Analysis of physical economic theory implementation efficiency in the economic activity of Azerbaijan

Analysis of the influence to productivity of software corrective maintenance using an economic model

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