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Current Consumption (current + consumption)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting75%

Selected Abstracts

Residential energy consumption patterns: the case of Lebanon

INTERNATIONAL JOURNAL OF ENERGY RESEARCH, Issue 8 2005
Ahmad Houri
Abstract In an attempt to fill a significant gap in baseline information, 509 households have been studied to analyse the residential consumption patterns in the urban environment in Lebanon. The average annual household energy consumption has been found to be 6907 kWh, whereas per capita consumption is 1727 kWh. Seasonal and monthly variations are analysed indicating increased energy consumption in the summer months accounting for 28% of total annual consumption. Correlations are indicated for energy consumption with apartment price, area, income and number of residents. Multiple regression analysis indicated statistical significance of income, area and number of residents to the energy consumption. Based on current consumption and electricity generating technologies, 1.6 tons of CO2, 7.3 kg of SO2 in addition to other pollutants are generated per resident. Comparative analysis indicates that Lebanon has electricity consumption similar to that of Western Europe, paving the way for significant energy saving potential. Copyright © 2005 John Wiley & Sons, Ltd. [source]

A Theoretical Model of the Effects of Public Funding on Saving Decisions by Charitable Nonprofit Service Providers

ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 2 2003
by Femida Handy
Why do charitable nonprofit, service-providing organizations save? What are the tradeoffs between using income to build up cash reserves and serving more clients? Saving may generate income, protect the organization against a drop in donations, and increase the organization's chances of survival. Saving, though, may affect the likelihood that nonprofits receive private and public funding. We model the relationship among private and public income, economic conditions, and nonprofit savings. We find that anticipation of government help during difficult times tends to reduce the amount of saving done by the nonprofit. This effect is strengthened if government officials view unspent donations as indicative of a lack of need. Both these effects provide a strong incentive for nonprofits to spend on current consumption rather than to save for the future, and thus to increase the burden on the public purse. [source]

ENDOGENOUS BUSINESS CYCLES: THE INFLUENCE OF CHARACTER TRAITS,

AUSTRALIAN ECONOMIC PAPERS, Issue 1 2009
FUJIO TAKATA
This article deals with how business cycles can occur, in light of character traits which influence individual behaviour in an economy. We assume an overlapping generations model in which every consumer has identical instantaneous utility which is additively separable with respect to time. The parameters of utility here include character traits which influence the choice between consumption and savings. In this situation, young individuals choose between current consumption and current savings which lead to future consumption in their old age. Individual character traits, which appear both in the shape of utility functions and in evaluations about utility in the future, affect these choices. And since these choices determine savings, individual character traits can eventually determine how our economy moves. Focusing on the relationship between individual character traits and savings formation, we demonstrate that endogenous business cycles with two periods can occur, in an economy comprised of individuals who opt for current consumption and who are careless in relation to future events, like Aesopian grasshoppers, and in other cases they do not. [source]

Investing exhaustible resource rents and the path of consumption

CANADIAN JOURNAL OF ECONOMICS, Issue 2 2005
Kirk Hamilton
We take up ,maintaining capital intact' and locally unchanging consumption. The percentage change in ,net investment' or ,genuine savings,' relative to the market rate of interest, denotes whether current consumption is rising, constant, or declining. JEL classification: O13, Q28, F0 Investir les rentes dérivées de l'exploitation d'une ressource épuisable et le sentier de consommation., On définit en dollars le produit national net d'une économie qui a un stock de ressources (un dépôt de pétrole) en train de s'épuiser. On envisage de maintenir le capital intact et la consommation locale inchangée. Le changement en pourcentage dans l'investissement net et dans les véritables épargnes, en relation avec le taux d'intérêt sur le marché, définit si la consommation courante croît, demeure constante, ou décline. [source]