The main objective of this paper is to analyze the relationships between the productive process and the commercial trade with water resources used by them. For that the goal is to find out, by means of the estimation ...The main objective of this paper is to analyze the relationships between the productive process and the commercial trade with water resources used by them. For that the goal is to find out, by means of the estimation of water embodied in the exported crops which have the highest export competitiveness and lower water consumption. The finding contradicts not only the comparative advantages theory but also the resources sustainability logic. This conclusion is derived from the great exports of water via tomatoes and low profitable vegetables from producers＇ perspective but not economical from social perspectives as shown in domestic resource coefficient. The diversion between financial and economic profitability is due to heavily irrigation water subsidy. The results confirm that Jordan utilizes large amounts of water in its exports, and in turn, it does not export goods with low water requirements. The potential saving would be very significant and agricultural sector need to modify the use of water to a great extent in order to reach significant water savings and an environmental sustainability. Jordan has to implement policies that reduced, or even abandoned, the export and the production of water-intensive crops. Therefore, they have to be replaced with either imports or crops that optimize the water resources.展开更多
Accounting concepts dictate that separately disclosed components should contain separate useful information. This paper examines the relations between income statement components and analysts＇ earnings forecasts and ...Accounting concepts dictate that separately disclosed components should contain separate useful information. This paper examines the relations between income statement components and analysts＇ earnings forecasts and forecast errors. Regressions explaining earnings forecasts using earnings components provide a better fit than regression using just aggregate income to explain forecasts. We interpret this as consistent with the hypothesis that analysts use incremental information in components not available in aggregate income. However, additional tests based on predictability of forecast errors indicate that analysts do not incorporate all information available in components into earnings forecasts. In addition, this inefficiency appears to increase at longer forecast horizons.展开更多
文摘The main objective of this paper is to analyze the relationships between the productive process and the commercial trade with water resources used by them. For that the goal is to find out, by means of the estimation of water embodied in the exported crops which have the highest export competitiveness and lower water consumption. The finding contradicts not only the comparative advantages theory but also the resources sustainability logic. This conclusion is derived from the great exports of water via tomatoes and low profitable vegetables from producers＇ perspective but not economical from social perspectives as shown in domestic resource coefficient. The diversion between financial and economic profitability is due to heavily irrigation water subsidy. The results confirm that Jordan utilizes large amounts of water in its exports, and in turn, it does not export goods with low water requirements. The potential saving would be very significant and agricultural sector need to modify the use of water to a great extent in order to reach significant water savings and an environmental sustainability. Jordan has to implement policies that reduced, or even abandoned, the export and the production of water-intensive crops. Therefore, they have to be replaced with either imports or crops that optimize the water resources.
文摘Accounting concepts dictate that separately disclosed components should contain separate useful information. This paper examines the relations between income statement components and analysts＇ earnings forecasts and forecast errors. Regressions explaining earnings forecasts using earnings components provide a better fit than regression using just aggregate income to explain forecasts. We interpret this as consistent with the hypothesis that analysts use incremental information in components not available in aggregate income. However, additional tests based on predictability of forecast errors indicate that analysts do not incorporate all information available in components into earnings forecasts. In addition, this inefficiency appears to increase at longer forecast horizons.
