scholarly journals The Case of Ryanair - EU State Aid Policy on the Wrong Runway

ORDO ◽  
2004 ◽  
Vol 55 (1) ◽  
Author(s):  
Friedrich Gröteke ◽  
Wolfgang Kerber
Keyword(s):  
Low Cost ◽  
Public Funding ◽  
State Aid ◽  
Point Of View ◽  
Economic Point ◽  
The Public ◽  
Effective Competition ◽  
Price Differentiation ◽  
Regional Airports ◽  
Aid Policy

SummaryFor the European Commission the case of Ryanair is a precedence decision about the application of state aid policy to agreements between regional airports and airlines. In a long-term contract with the regional airport of Charleroi (near by Brussels), the Irish low-cost airline Ryanair received better conditions than other airlines. In return, it committed itself to transport a certain number of passengers to this airport for a period of fifteen years. This alleviates considerably the entry of the so far non-established Charleroi Airport into the market for international airports. The Commission interprets these better conditions as a discrimination, which distorts competition among airlines. Contrary to that, a thorough economic analysis shows that these conditions must be regarded as a normal form of price differentiation in effective competition. Any airlines would have received similar conditions, if they have offered similar advantages to the airport. Consequently, the decision of the Commission in the Ryanair case is wrong. Additionally, the principles of the Commission, which entail the danger of an allencompassing regulation of prices for airport services, are misleading from an economic point of view, because they tend to impede effective competition in the aviation sector. The real state aid problem is, however, whether and under what conditions the public funding of airports leads to a distortion of competition among airports. This problem remains unsolved. This is also true for the problem of the slot-allocation on airports.

scholarly journals Towards a sustainable approach to wastewater treatment strategy for eutrophication abatement

2018 ◽  
Vol 45 ◽  
pp. 00056 ◽  
Author(s):  
Elena Neverova-Dziopak
Keyword(s):  
Wastewater Treatment ◽  
Aquatic Ecosystems ◽  
Aquatic Vegetation ◽  
Negative Impact ◽  
Point Of View ◽  
Negative Effects ◽  
Nitrogen And Phosphorus ◽  
Economic Point ◽  
The Public ◽  
Treatment Technologies

Eutrophication is one of the consequences of the negative anthropogenic impact on aquatic ecosystems. It leads to the degradation of both sweet and marine ecosystems, constituting a kind of secondary pollution of waters, which disturbs all types of their use. Undertakings related to preventing the negative effects of eutrophication are mainly conducted towards reducing the loads of nutrients introduced into surface waters and controlling the entire conditions in aquatic ecosystems in order to limit the development of aquatic vegetation. The increasingly restrictive legal requirement regarding the content of nitrogen and phosphorus in wastewater discharged into recipients enforces the application of expensive treatment technologies, and the public is becoming more aware of the rising costs of water and wastewater fees. In addition, wastewater treatment is a factor which has a negative impact on air quality due to greenhouse gas emissions and generates other environmental problems. The challenge for facilities, however, is determining which treatment alternatives will best meet their needs, both technically and financially, and to choose the most sustainable path. The problem of establishing a reasonable level of nutrient removal from wastewater, justified from an ecological and economic point of view is discussed in the paper.

scholarly journals An Economic Analysis Algorithm for Urban Forestry Projects

2019 ◽  
Vol 11 (2) ◽  
pp. 314 ◽  
Author(s):  
Antonio Nesticò ◽  
Maria Rosaria Guarini ◽  
Pierluigi Morano ◽  
Francesco Sica
Keyword(s):  
Environmental Quality ◽  
Urban Forestry ◽  
Well Being ◽  
Point Of View ◽  
Future Research ◽  
Public And Private ◽  
Economic Point ◽  
Support Tool ◽  
The Public ◽  
Support Tools

The second half of the 20th century was characterized by rapid growth of the urban population and lack of attention to environmental quality in the urbanizes territories. Thus, the development of many cities during that period took place through policies which, over time, resulted in a disaggregated landscape, both in morphological and functional terms. In some cases, these policies have caused the creation of land portions without a specific characterization, and the generation of urban voids that negatively affect the city’s development. To solve this problem, the public administration sectors of many countries are looking for new intervention strategies that are feasible from a social and economic point of view which are able to guarantee sustainable development. From this perspective, the execution of urban regeneration initiatives, including forestation, allows for the improvement of both environmental quality and citizens’ well-being, and promotes economic development. Considering the multiple effects that these initiatives can generate and the limited availability of public and private resources, it is appropriate to use multi-criteria decision support tools through which it is possible to evaluate the interventions’ complexity and best identify the city areas that lend themselves to be recovered and improved through the forestation. The aim of this work is to develop a support tool for public administrations aimed at identifying the optimal forestry projects’ location according to criteria that not only refer to financial type, but also their social, cultural, and environmental nature. Using Discrete Linear Programming algorithms, the model has been tested through a theoretical case study and reveals the advantages and limitations of the model, as well as future research prospects.

scholarly journals Sostenibilidad económica y situación financiera de las estaciones de esquí alpino del Pirineo catalán

2016 ◽  
Vol 12 (5) ◽  
pp. 1451 ◽  
Author(s):  
Laura Sánchez Pulido ◽  
Natalia Daries Ramón ◽  
Eduard Cristóbal Fransi
Keyword(s):  
Point Of View ◽  
Public Administrators ◽  
Territorial Development ◽  
Economic Point ◽  
Financial Situation ◽  
The Public ◽  
Ski Resorts ◽  
Positive Externalities ◽  
The One ◽  
Implementing Strategies

Purpose: The present work seeks analyze the profitability and the financial situation of the main Catalan alpine ski resorts, with the objective to check if these are sustainable from an economic point of view, taking into account the external factors that affect him.Design/methodology: With the objective to carry out the study of profitability and financial situation, we obtained the financial states of the main Alpine ski resorts of the Catalan Pyrenees: Baqueira-Beret, Masella, Boí Taüll, Vallter 2000, La Molina, Vall de Núria and Espot Ski-Port Ainé, for the periods comprised between 2011-2015 and we proceeded to apply a series of economical and structural ratios with the purpose of establish a diagnostic on his situation.Findings: The results show that the Baqueira-Beret and Masella resorts are the only that obtain profits, whereas the rest of resorts obtain losses in all the periods analyzed. With regard to the financial situation, the results reveal that the level of indebtedness of the resorts is, in general reduced, arriving to the conclusion that the majority of them are not sustainable from a strictly economic point of view.Research limitations/implications: The main limitations of this work are on the one hand that the conclusions are obtained from a period of analysis of five years (2011-2015), and the second, they are circumscribed to a determinate region.Practical implications: The results of this work can help to take decisions so much to the ski resorts managers as to the public administrators for implementing strategies to achieve diversify the offer and improve the results.Social implications: Nowadays the majority of the ski resorts have been rescued or purchased by the Administration. We can deduce that it keeps by the incomes that generate his existence. That is to say, by the positive externalities that generates in the territory where they are situate.Originality/value: The present research focuses in the financial study of a little studied sector as they are the ski resorts and the snow tourism with the enormous importance that has in the economy of the region and in the territorial development. The agents interested are so much the public administrations like the managers of this type of firms.

scholarly journals The effect of the virgin fibers to the properties of different paper products

2020 ◽  
Author(s):  
Tibor Czene ◽  
◽  
László Koltai ◽  
Keyword(s):  
Raw Materials ◽  
Low Cost ◽  
Point Of View ◽  
Chemical Additives ◽  
Long Distance ◽  
Recycled Paper ◽  
Paper Properties ◽  
Economic Point ◽  
Process Modification ◽  
Recycled Fiber

The products from paper are widely used materials with several benefits. The corrugated paper keeps items protected through long-distance logistic processes and constant shipping and handling. The corrugated boxboards are ideal options for any industry’s shipping, packaging and storage needs. Papers and cardboards are quite low cost and also provide environmental-friendly solutions, using recyclable materials such as used corrugated cartons and old newspapers. Recycling offers a reduction in environmental impact in densely populated regions and a large production of paper and board products. Generally, the use of recycled fiber produces paper with poorer mechanical properties due to the decrease in the interfiber bonding. The recycled pulp must be treated to restore its bonding strength, for which there are six methods possible: mechanical treatment, chemical additives, chemical treatment, fractionation, papermaking process modification and blending with virgin fiber. Although some mills produce 100% recycled paper, the majority augment their used pulp with some virgin fiber. Paper properties can be tailored within some ranges by modifying the properties of fibers, but the influence of fine quality on structure, strength and optical properties of paper can be even greater. The properties of papers are essentially determined by their raw materials. Most of these raw materials are made from 100% recycled fiber, but as the quality of the waste fiber varies, different chemicals must be used to provide the desired or expected properties. From an environmental and economic point of view, the use of primary fibers can be an alternative.

scholarly journals Perspektif Ekonomi Syariah Di Indonesia Tentang Riba, Bunga Bank, dan Bagi Hasil

2021 ◽  
Vol 6 (1) ◽  
pp. 28-50
Author(s):  
Hisam Ahyani
Keyword(s):  
Social Inequalities ◽  
Profit Sharing ◽  
Point Of View ◽  
Social Resilience ◽  
Effective Measure ◽  
Economic Point ◽  
The Public ◽  
Community Environment ◽  
Library Research ◽  
Islamic Economic

Introduction / Main Objective : This study aims to reveal the existence of community conceptions related to profit sharing (Sharia economics), usury, bank interest (conventional), in terms of Islamic economics, where these 3 (three) things are unique and interesting if we discuss in the era of disruption like today. Background: The era of discipline 4.0 as it is now is very interesting and unique regarding the study of the prohibition of usury in Indonesia, what is unique is the Khilafiyah which is the basis for especially Muslims (sharia economic actors), the need for tolerance between the views of schools of thought in Indonesia regarding this usury in sharia economics (muamalah) in order to benefit together in this world and in the hereafter. Research Methods: This study uses the Library Research Method and collects data obtained by means of literature studies from books and journals relevant to studies on usury and bank interest (conventional), profit sharing (Islamic economics).Novelty: Related to research on the perspective of Islamic economics in the current era of disruption, especially in Indonesia regarding usury, and bank interest (conventional), as well as profit sharing (Islamic economics) so far no one has examined it.Findings: from a sharia economic point of view related to profit sharing, usury and also bank interest have a good impact on the economy in Indonesia, where the profit sharing system can help people in terms of social resilience, and overcome social inequalities (making tahsin / benefit of the ummah).Conclusion: The public, in their view of usury, bank interest and profit sharing within the Islamic economic community, requires tolerance in punishing these three things, as a result there is no "bank interest" in the Shariāh economic sphere (replaced by profit sharing), which is currently being shared. this outcome (Islamic economics) is seen as an effective measure to prevent conflict in gaps in dealing with impacts on the Economy and Social Affairs, as well as resilience to the community environment.

УСОВЕРШЕНСТВОВАННАЯ ТЕХНОЛОГИЯ РЕМОНТА ЭЛЕКТРОГИДРАВЛИЧЕСКИХ ФОРСУНОК АВТОТРАКТОРНЫХ ДИЗЕЛЕЙ

2020 ◽  
Vol 4 (141) ◽  
pp. 74-82
Author(s):  
SERGEY TIMOKHIN ◽  
◽  
PAVEL BOGATYREV ◽  
DMITRIY GALIN ◽  
Keyword(s):  
Contact Surface ◽  
Diesel Engines ◽  
Low Cost ◽  
Ball Valve ◽  
Point Of View ◽  
Research Purpose ◽  
Process Time ◽  
Valve Seat ◽  
Economic Point ◽  
Ring Shape

The actual service life of electrohydraulic injectors of automotive diesel engines with a high-pressure battery system of the Common Rail type in operation is significantly lower than the claimed one, and its restoration by repair is relevant from a technical and economic point of view. One of the most wearable elements of electrohydraulic injectors is the contact surface of the ball valve seat. (Research purpose) The research purpose is in developing an improved technology for repairing electro-hydraulic injectors of automotive diesel engines with a vibration-rivet of the contact surface of the ball valve seat. (Materials and methods) The article presents the carried out theoretical substantiation of the process of vibration riveting of the ball valve seat of electrohydraulic injectors and its laboratory and bench studies using serial stands for testing electrohydraulic injectors, checking their elements and restoring the seat geometry by lapping, an electronic digital microscope. (Results and discussion) Authors confirmed the working hypothesis about the possibility of forming the ring contact surface of the ball valve of electrohydraulic injectors reinforced with a vibration riveting by creating certain hydraulic and electrical modes of its operation during the required time. For the model 0445110376 electrohydraulic injectors of the Cummins ISF 2.8 diesel engine, the total area of the hardened surface of the regular ring shape was 0.07 square millimeters, and the depth was about 0.003 millimeters with a process time of 45 minutes. The parameters of the experimental electrohydraulic injectors met the requirements of the test plan, and they are currently successfully undergoing operational tests. (Conclusions) The use of a valve seat vibration rivet will increase the life of repaired injectors at a low cost for its implementation.

Banking, Money-Lending, and Elite Financial Life in Rome

2020 ◽  
pp. 81-112
Author(s):  
Jean Andreau
Keyword(s):  
Social Groups ◽  
Fourth Century ◽  
Point Of View ◽  
Complex World ◽  
Economic Point ◽  
Legal Rules ◽  
The Public ◽  
Judicial Decisions ◽  
The Republic ◽  
The City

Through legislation and judicial decisions, the public administration (the city, first, and then the Empire) organized and regulated the activities of the various social groups. What was their impact on the complex world of banking and credit? After having briefly described how banking and financial life functioned in the Roman world, this chapter examines the way in which praetors and jurisconsults considered these activities, which legal rules they established, what were the effects of such rules, especially from the economic point of view, and how they developed from the first centuries of the Republic to the fourth century AD.

Development and Fishing in the Mediterranean

2012 ◽  
Vol 21 (2) ◽  
pp. 114-130
Author(s):  
Rafael Böcker Zavaro
Keyword(s):  
Social Economic ◽  
Participant Observation ◽  
Structured Interview ◽  
Point Of View ◽  
Institutional Agents ◽  
Economic Point ◽  
The Public ◽  
Documentary Sources ◽  
The Social

This article sets out the results of research which aims to determine the characteristics of fishing development in the province of Tarragona, from the social, territorial and economic point of view, as well as the perspective of the public policies implemented for this sector. It considers the role played by the various social, economic and institutional agents, and the importance of sustainable and responsible management of fishing. The research method we have chosen is the case study. The comparative analysis of the seven fishing ports in the south of Catalonia is even more significant in that each one has different sales volumes. The techniques used for gathering information were: the semi-structured interview, non-participant observation and the use of secondary statistical and documentary sources.

scholarly journals Design and Fabrication of Two-Wheeler Silencer Using Catalytic Convertor

2019 ◽  
pp. 223-228
Author(s):  
M. Ganesh ◽  
A. Sriramarvind ◽  
P. K. Saran Kumar
Keyword(s):  
Air Pollution ◽  
Catalytic Converter ◽  
Low Cost ◽  
Point Of View ◽  
Physiological Effects ◽  
Oxides Of Nitrogen ◽  
The Public ◽  
Unburned Hydrocarbon ◽  
The World ◽  
Two Wheeler

Air pollution is the biggest cause of environmental degradation in the world and it also cause health problems. The major source for these pollutions are industries & automobiles. In automobile pollutants can be reduced by using a catalytic converter the main aim of our project is fabricate the low cost catalytic converter for two wheeler. The emission contents namely NOx and HC are 90% reduced. From the public health point of view the is most important is Air pollution , because every individual person breathes approximately 22000 times a day, inhaling about 15 to 22 Kg of air daily. Polluted air causes physical ill effects and undesirable aesthetic and physiological effects. The main pollutants are contributed by automobiles which include carbon monoxide (CO), unburned hydrocarbon (UBHC), oxides of nitrogen (NOx) and Lead. So it is imperative that serious attempts should be made to conserve earth’s environment from degradation

scholarly journals Pelleting Vineyard Pruning at Low Cost with a Mobile Technology

Energies ◽  
2018 ◽  
Vol 11 (9) ◽  
pp. 2477 ◽  
Author(s):  
Giuseppe Toscano ◽  
Vincenzo Alfano ◽  
Antonio Scarfone ◽  
Luigi Pari
Keyword(s):  
Low Cost ◽  
Cost Effective ◽  
Point Of View ◽  
Production Costs ◽  
Direct Production ◽  
Economic Point ◽  
Before And After ◽  
Variable Distance ◽  
Intermediate Storage

The goal of this work was to test a patented pruning harvester and a mobile pelleting system specifically designed for the vineyard agripellet chain. Biomass was characterized before and after storage and after the pelleting stage. The performance, the fuel consumption, and the work quality of the harvester were assessed together with the productivity and the power consumption of the mobile pelleting system. Production costs of pellet were estimated for the whole logistic chain, considering two scenarios: Storage and pelleting directly at the farm site or at a dedicated location at variable distance from the fields. For comparison, the direct production of chips without pelleting was considered. Results indicate that harvester performance was quite good and comparable with commercial solutions; the chips produced exhibited excellent storage performance, allowing direct pelleting without forced drying; the pellet quality was good comparable with that produced from forestry biomass. From an economic point of view, in-field pelleting was the most cost-effective solution, with a good margin of profit up to 57€ t−1; on the other hand, when transport to an intermediate storage center is necessary, profit margin reduces gradually and fades off at an average 50 km distance from the fields.

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