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Article
Publication date: 9 March 2020

Giuseppe Marotta and Concetta Nazzaro

The aim of the study is to analyse the value creation processes in multifunctional wineries. Specifically, the paper poses the following research questions: can the…

Abstract

Purpose

The aim of the study is to analyse the value creation processes in multifunctional wineries. Specifically, the paper poses the following research questions: can the creation of public goods (i.e. multifunctionality) open up new paths of value creation for wineries? And if so, can multifunctionality be only compensated through policy instruments? Or, is there a form of market compensation?

Design/methodology/approach

An empirical analysis was carried out on selected wineries that sell directly. The study implemented the “value portfolio” model that identifies specific variables, both internal and external to the farm, which contribute to the value creation. The methodology adopted is a structural equation modeling (SEM) approach that offers a theoretical basis for developing an understanding of the relationships between group of variables.

Findings

The empirical analysis confirms the assumptions developed. Indeed, the localized public goods generated by multifunctional farms can benefit from compensation on the market through the direct sale of products and services.

Originality/value

The study’s findings are quite innovative in the field of agricultural economics and open the way for interesting policy implications.

Details

British Food Journal, vol. 122 no. 5
Type: Research Article
ISSN: 0007-070X

Keywords

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Article
Publication date: 1 July 1997

Todd Sandler

Views tropical forests as providing a number of outputs for the host country and the world at large. Activities to curb deforestation yield private goods, local…

Abstract

Views tropical forests as providing a number of outputs for the host country and the world at large. Activities to curb deforestation yield private goods, local (country‐specific) public goods, and global public goods. Markets can operate with respect to the private goods, while nations are motivated to strike bargains with one another with respect to the country‐specific public goods. Inefficiency or suboptimality stems from the global public goods that preservation activities of one country confer on another. Collective action at the transnational level is needed to address these global public goods. This suboptimality can be attenuated if the developed countries establish property rights to genetic material gathered from the rain forests. Much can be done to promote allocative efficiency and these actions should be accomplished prior to the institution of a supranational linkage. Since the bulk of the global public benefits are derived by the developed countries, they are in a weak bargaining position with respect to the shrinking rain forests. An early agreement is in their interests even if the bargain favours the tropical countries.

Details

International Journal of Social Economics, vol. 24 no. 7/8/9
Type: Research Article
ISSN: 0306-8293

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Article
Publication date: 1 April 2003

Georgios I. Zekos

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination…

Abstract

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

Details

Managerial Law, vol. 45 no. 1/2
Type: Research Article
ISSN: 0309-0558

Keywords

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Book part
Publication date: 24 May 2007

Frederic Carluer

“It should also be noted that the objective of convergence and equal distribution, including across under-performing areas, can hinder efforts to generate growth

Abstract

“It should also be noted that the objective of convergence and equal distribution, including across under-performing areas, can hinder efforts to generate growth. Contrariwise, the objective of competitiveness can exacerbate regional and social inequalities, by targeting efforts on zones of excellence where projects achieve greater returns (dynamic major cities, higher levels of general education, the most advanced projects, infrastructures with the heaviest traffic, and so on). If cohesion policy and the Lisbon Strategy come into conflict, it must be borne in mind that the former, for the moment, is founded on a rather more solid legal foundation than the latter” European Commission (2005, p. 9)Adaptation of Cohesion Policy to the Enlarged Europe and the Lisbon and Gothenburg Objectives.

Details

Managing Conflict in Economic Convergence of Regions in Greater Europe
Type: Book
ISBN: 978-1-84950-451-5

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Book part
Publication date: 4 April 2016

Louis P. Cain and Brooks A. Kaiser

At the beginning of the 20th century, three intertwined ambitions drove federal legislation over wildlife and biodiversity: establishment of multiple-use federal lands…

Abstract

At the beginning of the 20th century, three intertwined ambitions drove federal legislation over wildlife and biodiversity: establishment of multiple-use federal lands, the economic development of natural resources, and the maintenance of option values. We examine this federal intervention in natural resource use by analyzing roll call votes over the past century with a Random Utility Model (Manski, 1977) and conclude that economics mattered. So did ideology, but not uniformly. After World War II, the pro-environment vote which had been conservative shifted to being liberal. All these votes involved decisions regarding public land that reallocated the returns to users by changing the asset’s physical character or its usage rights. We suggest that long-term consequences affecting current resource allocations arose from disparities between broadly dispersed benefits and locally concentrated socioeconomic and geophysical (spatial) costs. We show that a primary intent of public land management has become to preserve multiple-use option values and identify important factors in computing those option values. We do this by demonstrating how the willingness to forego current benefits for future ones depends on the community’s resource endowments. These endowments are defined not only in terms of users’ current wealth accumulation but also from their expected ability to extract utility from natural resources over time.

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Article
Publication date: 31 December 2015

Xiana T. Santos, Stephen C. Grado and Kevin M. Hunt

The purpose of this paper is to evaluate and improve the current methodology of securing and collecting data sources for use in the Impact Analysis for Planning (IMPLAN…

Abstract

Purpose

The purpose of this paper is to evaluate and improve the current methodology of securing and collecting data sources for use in the Impact Analysis for Planning (IMPLAN) model to more accurately use, and be able to support, inputs and outputs from economic impact models, specifically those generated by IMPLAN.

Design/methodology/approach

Primary expenditure data were derived from an extensive mail survey conducted during the 2005-2006 Mississippi waterfowl-hunting season. Survey results were analyzed using the IMPLAN software model default data and comparing it with new, more localized state data that were collected in 2010. Industry sectors were sorted and ranked after analysis based on sector importance to the economy and IMPLAN default data were replaced by localized data.

Findings

Economic contributions generated from the survey-based default model were $158 million (2010 USD) supporting 1,981 full- and part-time jobs. Economic contributions using survey-based data replacement model were $153 million (2010 USD) supporting 1,517 full- and part-time jobs. Separate model runs of the survey-based data replacement model yielded vastly different results, making the case for changing as many sectors with larger impacts as possible.

Research limitations/implications

The makeup and components of sectors used and described by the IMPLAN model were at times not clearly labeled which at times hindered the process of comparing and replacing data. It was evident that IMPLAN sectors were too highly aggregated.

Originality/value

This project will contribute to efforts within Mississippi aimed at protecting and promoting its natural resources for conservation and use for both the private and public sector.

Details

International Journal of Social Economics, vol. 43 no. 1
Type: Research Article
ISSN: 0306-8293

Keywords

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Abstract

Details

Government for the Future
Type: Book
ISBN: 978-1-84950-852-0

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Abstract

Details

Urban Dynamics and Growth: Advances in Urban Economics
Type: Book
ISBN: 978-0-44451-481-3

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Article
Publication date: 1 January 1993

G.M. Bohlen, A. Diamantopoulos and B.B. Schlegelmilch

Aims to redress a research gap on green issues through its focus onconsumer perceptions of environmental nuisances arising in a servicesetting (freight transport)…

Abstract

Aims to redress a research gap on green issues through its focus on consumer perceptions of environmental nuisances arising in a service setting (freight transport). Presents the results of the preliminary stage of a large‐scale study, which consisted of semi‐structured personal interviews with members of the general public. Following a descriptive comparison of nuisances arising from road and rail freight transport, tests a number of hypotheses generated from the limited available research on socio‐demographic and situational factors which are likely to impinge on individuals′ perceptions of environmental nuisances.

Details

Marketing Intelligence & Planning, vol. 11 no. 1
Type: Research Article
ISSN: 0263-4503

Keywords

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Article
Publication date: 1 January 1976

The Howard Shuttering Contractors case throws considerable light on the importance which the tribunals attach to warnings before dismissing an employee. In this case the…

Abstract

The Howard Shuttering Contractors case throws considerable light on the importance which the tribunals attach to warnings before dismissing an employee. In this case the tribunal took great pains to interpret the intention of the parties to the different site agreements, and it came to the conclusion that the agreed procedure was not followed. One other matter, which must be particularly noted by employers, is that where a final warning is required, this final warning must be “a warning”, and not the actual dismissal. So that where, for example, three warnings are to be given, the third must be a “warning”. It is after the employee has misconducted himself thereafter that the employer may dismiss.

Details

Managerial Law, vol. 19 no. 1
Type: Research Article
ISSN: 0309-0558

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