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Economic Feasibility (economic + feasibility)
Selected AbstractsEconomic Feasibility of Aquaculture of Spiny Lobsters Jasus edwardsii in Temperate WatersJOURNAL OF THE WORLD AQUACULTURE SOCIETY, Issue 1 2000Andrew Jeffs Around the world there is strong interest in the aquaculture of spiny lobsters (family Palinuridae). However, there is little published information about the economic feasibility of spiny lobster aquaculture. For more than 20 yr there has been experimental grow out of the spiny lobster Jasus edwardsii in New Zealand in land-based systems using seed animals (puerulus) taken from the wild. These studies provide sufficient information on growth, mortality, food conversion, handling and capital costs to enable an assessment of the economic feasibility of the commercial culture of spiny lobsters in temperate waters. This assessment suggests that profitable spiny lobster aquaculture will rely on greatly reducing the infrastructure and operating costs of land-based farming operations, as well as lowering feed and labor costs. Financial simulations suggest that increasing productivity through faster growth rates and lowered culture mortalities will only have a minor effect on profitability unless infrastructure and operating costs can be reduced significantly. Seacage culture or sea ranching of spiny lobsters may offer a means of avoiding high infrastructure costs associated with land-based farming operations. The development of a cost-effective artificial feed would also appear to be a priority for improving the economic outlook for culturing spiny lobsters. The results of this study are relevant to the economics of spiny lobster culture developments in other temperate regions of the world. [source] Ground water level influence on thermal response test in Adana, TurkeyINTERNATIONAL JOURNAL OF ENERGY RESEARCH, Issue 7 2008. Bozda Abstract For optimum design of borehole thermal energy storage (BTES) and ground sources heat pump (GSHP) applications, determination of underground thermal properties is required. The design and economic feasibility (number and depth of boreholes) of these systems need thermal conductivity of geological structure, , (W,m,1,K,1), and thermal resistance of ground heat exchanger, R (K,W,1,m). Thermal properties measured in laboratory experiments do not coincide with data of in situ conditions. Therefore, in situ thermal response test equipment has been developed and used in Canada, England, Germany, Norway, U.K., U.S.A. and Sweden to ensure precise designing of BTES systems. This paper describes the results and evaluations of the Adana continual thermal response test measurements. Copyright © 2007 John Wiley & Sons, Ltd. [source] Economic analysis of small photovoltaic facilities and their regional differencesINTERNATIONAL JOURNAL OF ENERGY RESEARCH, Issue 3 2004M. Varela Abstract Small grid-connected photovoltaic (PV) facilities in Spain receive either a premium of 0.36, kWh,1 over the average price on the power market or a fixed price of 0.40, kWh,1. However, legislation on this matter (Royal Decree 2818/98) requires a periodic review of these figures. The basis of on-going revision of these prices has been their profitability. However, the economic success of such PV facilities is clearly affected by the amount of solar radiation at the site where they are located. Since Spain is between latitudes 44 and 36° in the northern hemisphere, the feasibility of these systems must be analysed for different regions. Two different models have been used to produce the required input data for such an analysis: a model that generates typical solar radiation years and temperatures taken from satellite images and an empirical model for the prediction of daily power produced by a grid-connected photovoltaic system. From the results of this regional economic analysis, it may be concluded that the existing prices are insufficient in and of themselves to make these small grid-connected systems profitable anywhere in Spain. To guarantee the economic feasibility of these PV installations in any given location, the fixed price paid for the electricity should be around 0.93, kWh,1. Nevertheless, if the Government were to double the current fixed price, in consideration of the slow increase in the PV market in recent years, this would mean that small grid-connected installations would become profitable in at least 77% of the Spanish territory. Copyright © 2004 John Wiley & Sons, Ltd. [source] Economic Feasibility of Aquaculture of Spiny Lobsters Jasus edwardsii in Temperate WatersJOURNAL OF THE WORLD AQUACULTURE SOCIETY, Issue 1 2000Andrew Jeffs Around the world there is strong interest in the aquaculture of spiny lobsters (family Palinuridae). However, there is little published information about the economic feasibility of spiny lobster aquaculture. For more than 20 yr there has been experimental grow out of the spiny lobster Jasus edwardsii in New Zealand in land-based systems using seed animals (puerulus) taken from the wild. These studies provide sufficient information on growth, mortality, food conversion, handling and capital costs to enable an assessment of the economic feasibility of the commercial culture of spiny lobsters in temperate waters. This assessment suggests that profitable spiny lobster aquaculture will rely on greatly reducing the infrastructure and operating costs of land-based farming operations, as well as lowering feed and labor costs. Financial simulations suggest that increasing productivity through faster growth rates and lowered culture mortalities will only have a minor effect on profitability unless infrastructure and operating costs can be reduced significantly. Seacage culture or sea ranching of spiny lobsters may offer a means of avoiding high infrastructure costs associated with land-based farming operations. The development of a cost-effective artificial feed would also appear to be a priority for improving the economic outlook for culturing spiny lobsters. The results of this study are relevant to the economics of spiny lobster culture developments in other temperate regions of the world. [source] IS EAST ASIA FIT FOR AN OPTIMUM CURRENCY AREA?THE DEVELOPING ECONOMIES, Issue 3 2006AN ASSESSMENT OF THE ECONOMIC FEASIBILITY OF A HIGHER DEGREE OF MONETARY COOPERATION IN EAST ASIA F42; N15 This paper attempts to make a contribution to the recent search for a suitable assessment of the economic feasibility of a higher degree of monetary cooperation in East Asia. By using a structural vector autoregression approach as well as a generalized purchasing power parity approach, we find that a larger group of appropriately selected East Asian economies does satisfy the macroeconomic conditions for forming an Optimum Currency Area (OCA). The East Asian group consists of four ASEAN countries (Indonesia, Malaysia, Singapore, and Thailand) and four Northeast Asian economies (Hong Kong SAR, Japan, Republic of Korea, and Taiwan). This finding presents a striking contrast to the existing research results whose policy recommendation has generally been that countries in East Asia should start with a smaller subgroup currency area. It is time that many East Asian economies as a region made a serious effort to pursue a higher degree of monetary cooperation among themselves for forming an OCA. [source] Monetary integration in the ex-Soviet Union: A ,union of four'?*THE ECONOMICS OF TRANSITION, Issue 1 2006Vladimir Chaplygin F02; F15; E58 Abstract The governments of four ex-Soviet countries recently discussed forming a currency union. To examine the economic feasibility of this proposition, we use conventional techniques and show that the arrangement is likely to find it difficult to handle the lack of structural symmetry, the asymmetric pattern of shocks, and the lack of market flexibility among the potential participants. Moreover, the union would be a unilateral one. It would require an unusual degree of political commitment to survive. Nonetheless, there are some subtleties in the timing and pattern of mutual dependence between Russia and Kazakhstan, and to a lesser extent in Belarus, which may reduce the strain from a currency union in those countries. Otherwise, the black market will have to provide the necessary market flexibility. [source] Economic analysis of monosex culture of giant freshwater prawn (Macrobrachium rosenbergii De Man): a case studyAQUACULTURE RESEARCH, Issue 9 2006C Mohanakumaran Nair Abstract All-male monosex culture of Macrobrachium rosenbergii (De Man) has emerged as a popular practice in India, especially in the state of Andhra Pradesh. A study was conducted to compare the economics of all-male, mixed and all-female culture in 15 adjacent, rectangular ponds of 4000 m2 each by stocking juveniles previously reared in a nursery for 60 days. The experiment was conducted using a completely randomized design with three treatments; T1 (all male), T2 (mixed) and T3 (all female), and five replicates for a period of 5 months after the nursery phase. Statistical analysis showed highly significant (P<0.01) differences among the three types of culture. The cost of production was estimated and the economic feasibility of the culture methods was evaluated by cost-return and partial budgeting analysis. The average weight, productivity and specific growth rate were the highest for all male culture, being 80.92±2.41 g, 1532 kg ha,1 and 1.97±0.02 respectively. All-female culture registered significantly higher survival (89.16±0.77%) and the best apparent feed conversion ratio of 1.26±0.02. The economic analysis revealed that all-male monosex culture of M. rosenbergii was 63.13% and 60.20% more profitable than mixed and all-female cultures respectively. [source] | ||||||||||