scholarly journals Discussion: “Decentralized Peak-Shaving—Its Economic Significance to Electric Utilities” (Bary, Constantine W., 1961, ASME J. Eng. Power, 83, pp. 119–125)

1961 ◽  
Vol 83 (1) ◽  
pp. 125-125
Author(s):  
W. W. Brown
Keyword(s):  
Electric Utilities ◽  
Peak Shaving ◽  
Economic Significance

Decentralized Peak-Shaving—Its Economic Significance to Electric Utilities

1961 ◽  
Vol 83 (1) ◽  
pp. 119-125
Author(s):  
Constantine W. Bary
Keyword(s):  
Theoretical Analysis ◽  
Electric Utilities ◽  
Cost Savings ◽  
Power Production ◽  
Electric Utility ◽  
Peak Shaving ◽  
Economic Significance ◽  
Utility System ◽  
Production Facilities ◽  
Expansion Policy

This paper discusses the procedure used in determining the possible economies to be obtained on an electric utility system through the establishment of an expansion policy for power production facilities wherein a certain amount of decentralized peak-shaving capacity is periodically installed. Many factors are considered in determining the amount of peak-shaving capacity and the possible effect of changes in future conditions. A simplified equation of cost savings under a stated peak-shaving policy is presented. Also included is a theoretical analysis which indicates the portion of savings attributable to the peak-shaving function as contrasted with that attributable to reduction in average reserve margins possible with the use of the smaller sized units under a decentralized peak-shaving policy.

Culture, names and economic development

2016 ◽  
pp. 81-106
Author(s):  
E. Borisova ◽  
A. Kulkova
Keyword(s):  
Economic Development ◽  
Cultural Identity ◽  
Empirical Studies ◽  
Economic Research ◽  
Cultural Norms ◽  
Individual Values ◽  
Personal Names ◽  
Economic Significance ◽  
And Behavior

Various components of culture have long been in the focus of economic research. Numerous empirical studies show that cultural norms, as well as religion and language, matter for economic development and have not only statistical but also economic significance. This paper considers various examples of how culture can affect individual values and behavior. It also deals with personal names as a key marker of one’s cultural identity. Overall, the paper contributes to the more profound understanding of a famous notion that "culture matters", and helps clarify the mechanisms through which culture exerts its influence.

Economic Significance of Social Capital

2011 ◽  
pp. 46-65 ◽  
Author(s):  
L. Polishchuk ◽  
R. Menyashev
Keyword(s):  
Social Capital ◽  
Collective Action ◽  
Common Good ◽  
Economic Conditions ◽  
Formal Institutions ◽  
Transmission Channels ◽  
Economic Significance ◽  
Bonding And Bridging ◽  
The Impact

The paper deals with economics of social capital which is defined as the capacity of society for collective action in pursuit of common good. Particular attention is paid to the interaction between social capital and formal institutions, and the impact of social capital on government efficiency. Structure of social capital and the dichotomy between its bonding and bridging forms are analyzed. Social capital measurement, its economic payoff, and transmission channels between social capital and economic outcomes are discussed. In the concluding section of the paper we summarize the results of our analysis of the role of social capital in economic conditions and welfare of Russian cities.

Culinary tourism on Cape Breton Island

2019 ◽  
Vol 6 (2) ◽  
Author(s):  
Erna MacLeod
Keyword(s):  
Tourism Destination ◽  
Cape Breton Island ◽  
Culinary Tourism ◽  
Economic Significance ◽  
Cape Breton ◽  
Local Stakeholders ◽  
Resilient Communities ◽  
World Class ◽  
Ecological Relations ◽  
Developed World

Cape Breton Island is a well-known North American tourism destination with long-standing attractions such as the Cabot Trail and more recently developed world-class offerings such as the Cabot Links Golf Course. Tourism contributes significantly to Cape Breton’s economy, particularly since the mid-20th century as traditional resource-based industries have declined. In the 21st century, culinary tourism has become increasingly important to expand the island’s tourism offerings and to provide “authentic” tourism experiences. This study examines local-food tourism in Cape Breton to illuminate its cultural and economic significance. I conducted interviews with food producers, restaurateurs, government representatives, and tourism executives. I also consulted websites and policy documents and compared local stakeholders’ experiences and perspectives with official tourism strategies. Promoting culinary tourism raises questions of power, autonomy, inclusion, and accountability. My study accentuates possibilities for aligning economic and ecological goals to create resilient communities, foster equitable social and ecological relations, and establish Cape Breton as a culinary tourism destination.

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