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
The Basel II committee sets their customers. This new up directives encouraging banks to use internal scores in order to assess the risk of form of information competes with the existing ones. Small and medium-sized e...The Basel II committee sets their customers. This new up directives encouraging banks to use internal scores in order to assess the risk of form of information competes with the existing ones. Small and medium-sized enterprises (SMEs) are most concerned by these new stakes, due to the lack of transparency. The aim of this paper is to understand the determinants of the choice between substitution and complementarity between the two types of information: "soft" and "hard", to test a potential effect of this choice on the banking performance and to describe which variables are involved in the decision-making process. The originality of this work is to try to quantify the information costs and to use it as a variable which is affecting the adopted choice.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The Basel II committee sets their customers. This new up directives encouraging banks to use internal scores in order to assess the risk of form of information competes with the existing ones. Small and medium-sized enterprises (SMEs) are most concerned by these new stakes, due to the lack of transparency. The aim of this paper is to understand the determinants of the choice between substitution and complementarity between the two types of information: "soft" and "hard", to test a potential effect of this choice on the banking performance and to describe which variables are involved in the decision-making process. The originality of this work is to try to quantify the information costs and to use it as a variable which is affecting the adopted choice.