The impact of extreme events on crude oil markets is of great importance in crude oil price analysis due to the fact that those events generally exert strong impact on crude oil markets. For better estimation of the impact of events on crude oil price volatility, this study attempts to use an EMD-based event analysis approach for this task. In the proposed method, the time series to be analyzed…
Eco-efficiency is an instrument for sustainability analysis, indicating how efficient the economic activity is with regard to nature's goods and services. This paper conducts an ecoefficiency analysis for regional industrial systems in China by developing data envelopment analysis (DEA) based models. Using real data of 30 provinces in China, an empirical study is employed to illustrate the patt…
abstract Block widths ranging from two to fifteen rows in a marine container terminal are evaluated by a fully-integrated, discrete event simulation model. Experiments consider dozens of yard configurations and four container terminal settings that are designed to reproduce the microscopic, stochastic, real-time environment at a multiple-berth facility. Results show that the quay crane rate i…
abstract Energy use in the production of desirable output often results in the generation of undesirable emission with detrimental impact on the environment, and whose disposal is frequently monitored by public authorities. Previous studies, however, paid little attention to undesirable output and environmental regulation related to its disposal while estimating energy use efficiency. Analysis…
abstract Data envelopment analysis (DEA) has recently become a popular method in measuring energy efficiency at the macro-economy level. However, previous studies are limited in that they failed to consider the issues of undesirable outputs and minimisation of energy consumption. Thus, this study considers both factors in measuring Chinese industrial energy efficiency and investigates the maxi…
Abstract Purpose – The purpose of this paper is to investigate the relative impact of workplace bullying and risk perception on the mental health among employees in safety critical organisations. The paper also aims to examine whether self-esteem moderates the relationship between bullying and risk perception as stressors and mental health as an outcome variable.
Abstract Purpose – The purpose of this paper is to establish an integrated model of Analytic Network Process (ANP) and Decision-Making Trial and Evaluation Laboratory (DEMATEL), to assist enterprises to process supplier quality performance rating and comparison and find the core improvement direction to create the value of all supply chain members.
Abstract Purpose – The organisation-wide drive towards total quality management (TQM) and the call forsound corporate governance require that Maltese internal audit (IA) units benchmark their operations as a first step towards the critical evaluation of their processes and the management of change. The purpose of this paper is to determine the awareness of this process in Maltese IA units, …
Abstract: This study aims to empirically develop a reference for terminal operators to evaluate their operational performance. This paper starts with a discussion on container terminal operations and the development of global container terminal operators. In this study, we applied data envelopment analysis (DEA) as a quantitative analytical tool to measure and evaluate the efficiency of globa…
There are numerous possible advantages to be gained from the accurate prediction of future movements in the Baltic Freight Index (BFI). Because of the difficulties inherent in long-range forecasting, however, the potential for such predictions to provide insight into the future state of the physical dry bulk market is perhaps limited. The greater accuracy of short-term forecasts, on the other h…
Abstract Purpose – This teaching case seeks to explain the main aspects of Acciona’s sustainability strategy and the process of transformation of the company after the new CEO took office in 2004. It also aims to present some possible difficulties of maintaining such strategies in the new economic and political environment. The purpose of the case is to show how three aspects play a releva…
Abstract Purpose – The purpose of this editorial is to examine moves towards cross border trade union mergers. Design/methodology/approach – This editorial outlines the reasons why trade unions see the need to act outside their nation state boundaries. Findings – In the globalised economy if trade unions are to defend and advance the living standards of their members they cannot confine…
Abstract Purpose – The purpose of this study is to highlight a key strategic initiative within the former ADC Company (now part of TE Connectivity) called “Lean Pull Replenishment”, designed and implemented to achieve Six Sigma customer service excellence. This case study would also help facilitate problem-based learning pedagogy. Design/methodology/approach – The study showcases impl…
Abstract Purpose – Interest in investigating key supplier relationships from both academic and corporate spheres has increased in recent years. However, it is difficult to develop a sustainable and effective model for evaluating key supplier relationships because the information available in the practical environment is often uncertain and asymmetric. The purpose of this paper is to identif…
Abstract Iran’s influence on a number of cultural, political, and economic areas including religion and philosophy, literature, science and education, as well as statecraft is surveyed. The chapter also discusses how successive Iranian empires contributed to the growth of world trade and commerce. It is shown that Iran has had a great impact on the world throughout its long history and that …
Abstract Purpose – The purpose of this paper is to explore the interaction between the economic and political imperatives of new monetarism. The breakdown of the global derivatives markets, which came into the spotlight during the 2008/2009 global debt crisis, brought up the issue of trust. The matter at hand is the loss of trust in investors’ ability to make informed decisions, but trust …
Abstract This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
This book discuss commodities primarily from an economic. We take commodities for granted but few people know much about them. Here, In one accesible volume, is a comprehensive guide to the ecomonics of comodities and the comodities themselves - where they are found, how they are processed, what they are used for, production, consumption and price trends, markets and trade, and the outlook for …