arXiv: EconomicsPub Date : 2018-02-01DOI: 10.22533/at.ed.8032226044
Cainan K. de Oliveira, Henrique G. Menck, Pedro Y. Takito, Eliandro Rodrigues Cirilo, Neyva Maria Lopes Romeiro, '. R. T. Natti, Paulo Laerte Natti
{"title":"Stock management (Gest~ao de estoques)","authors":"Cainan K. de Oliveira, Henrique G. Menck, Pedro Y. Takito, Eliandro Rodrigues Cirilo, Neyva Maria Lopes Romeiro, '. R. T. Natti, Paulo Laerte Natti","doi":"10.22533/at.ed.8032226044","DOIUrl":"https://doi.org/10.22533/at.ed.8032226044","url":null,"abstract":"There is a great need to stock materials for production, but storing materials comes at a cost. Lack of organization in the inventory can result in a very high cost for the final product, in addition to generating other problems in the production chain. In this work we present mathematical and statistical methods applicable to stock management. The stock analysis using ABC curves serves to identify which are the priority items, the most expensive and with the highest turnover (demand), and thus determine, through stock control models, the purchase lot size and the periodicity that minimize the total costs of storing these materials. Using the Economic Order Quantity (EOQ) model and the (Q,R) model, the inventory costs of a company were minimized. The comparison of the results provided by the models was performed.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131842937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Economic interpretation of fractional derivatives","authors":"V. Tarasova, V. E. Tarasov","doi":"10.18576/pfda/030101","DOIUrl":"https://doi.org/10.18576/pfda/030101","url":null,"abstract":"An economic interpretation of the Caputo derivatives of non-integer orders is proposed. The suggested economic interpretation of the fractional derivatives is based on a generalization of average and marginal values of economic indicators. We formulate an economic interpretation by using the concept of the T-indicator that allows us to describe economic processes with memory. The standard average and marginal values of indicator are special cases of the proposed T-indicator, when the order is equal to zero and one, respectively. The fractional derivatives are interpreted as economic characteristics (indicators) that are intermediate between the standard average and marginal values of indicators.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115554778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
arXiv: EconomicsPub Date : 2017-11-10DOI: 10.3844/ajebasp.2017.47.55
V. Tarasova, V. E. Tarasov
{"title":"Accelerators in macroeconomics: Comparison of discrete and continuous approaches","authors":"V. Tarasova, V. E. Tarasov","doi":"10.3844/ajebasp.2017.47.55","DOIUrl":"https://doi.org/10.3844/ajebasp.2017.47.55","url":null,"abstract":"We prove that the standard discrete-time accelerator equation cannot be considered as an exact discrete analog of the continuous-time accelerator equation. This leads to fact that the standard discrete-time macroeconomic models cannot be considered as exact discretization of the corresponding continuous-time models. As a result, the equations of the continuous and standard discrete models have different solutions and can predict the different behavior of the economy. In this paper, we propose a self-consistent discrete-time description of the economic accelerators that is based on the exact finite differences. For discrete-time approach, the model equations with exact differences have the same solutions as the corresponding continuous-time models and these discrete and continuous models describe the same behavior of the economy. Using the Harrod-Domar growth model as an example, we show that equations of the continuous-time model and the suggested exact discrete model have the same solutions and these models predict the same behavior of the economy.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127353977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
arXiv: EconomicsPub Date : 2017-01-23DOI: 10.20861/2304-2338-2017-84-001
V. Tarasova, V. E. Tarasov
{"title":"Economic Growth Model with Constant Pace and Dynamic Memory","authors":"V. Tarasova, V. E. Tarasov","doi":"10.20861/2304-2338-2017-84-001","DOIUrl":"https://doi.org/10.20861/2304-2338-2017-84-001","url":null,"abstract":"The article discusses a generalization of model of economic growth with constant pace, which takes into account the effects of dynamic memory. Memory means that endogenous or exogenous variable at a given time depends not only on their value at that time, but also on their values at previous times. To describe the dynamic memory we use derivatives of non-integer orders. We obtain the solutions of fractional differential equations with derivatives of non-integral order, which describe the dynamics of the output caused by the changes of the net investments and effects of power-law fading memory.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124495549","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
arXiv: EconomicsPub Date : 2016-07-18DOI: 10.13140/RG.2.2.22219.18722
E. Tarnow
{"title":"The Opium for the Poor Is Opium. Medicare Providers in States with Low Income Prescribe High Levels of Opiates","authors":"E. Tarnow","doi":"10.13140/RG.2.2.22219.18722","DOIUrl":"https://doi.org/10.13140/RG.2.2.22219.18722","url":null,"abstract":"The majority of Medicare opioid prescriptions originate with family practice and internal medicine providers. I show that the average number of Medicare opium prescriptions by these providers vary strongly by state and that 54% of the variance is accounted for by the state median household income. I also show that there is a very similar relationship in opioid claims per capita and per Medicare recipient. In all cases Alabama is the state with the most claims and Hawaii is the state with the least claims.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123858077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Contextual Model of the Secessionist Rebellion in Eastern Ukraine","authors":"O. Nicoara, D. White","doi":"10.2139/SSRN.2789552","DOIUrl":"https://doi.org/10.2139/SSRN.2789552","url":null,"abstract":"This paper explores the possible contextual factors that drove some individuals to lead, and others to join the pro-secessionist rebellion in the 2013-2014 conflict in Eastern Ukraine. We expand on the existing rational choice literature on revolutionary participation and rebellious movements by building a contextual choice model accounting for both cost-benefit and behavioral considerations taken by Pro-Russian militants and rebels in the region of Donbass. Our model generates predictions about the characteristics of the socio-political-cultural context that are most likely to ignite and sustain hierarchical rebel movements similar to those in Ukraine.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122272285","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The unresolved mystery of the great divergence is solved","authors":"Ron W. Nielsen","doi":"10.1453/JEST.V3I2.777","DOIUrl":"https://doi.org/10.1453/JEST.V3I2.777","url":null,"abstract":"The so-called great divergence in the income per capita is described in the Unified Growth Theory as the mind-boggling and unresolved mystery about the growth process. This mystery has now been solved: the great divergence never happened. It was created by the manipulation of data. Economic growth in various regions is at different levels of development but it follows similar, non-divergent trajectories. Unified Growth Theory is shown yet again to be incorrect and scientifically unacceptable. It promotes incorrect and even potentially dangerous concepts. The distorted presentation of data supporting the concept of the great divergence shows that economic growth is now developing along moderately-increasing trajectories but mathematical analysis of the same data and even their undistorted presentation shows that these trajectories are now increasing approximately vertically with time. So, while the distorted presentation of data used in the Unified Growth Theory suggests generally sustainable and secure economic growth, the undistorted presentation of data demonstrates that the growth is unsustainable and insecure. The concept of takeoffs from stagnation to the sustained-growth regime promoted in the Unified Growth Theory is also dangerously misleading because it suggests a sustainable and prosperous future while the mathematical analysis of data shows that the current economic growth is insecure and unsustainable.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130217323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Mathematical analysis of historical income per capita distributions","authors":"Ron W. Nielsen","doi":"10.1453/TER.V3I2.766","DOIUrl":"https://doi.org/10.1453/TER.V3I2.766","url":null,"abstract":"Data describing historical growth of income per capita [Gross Domestic Product per capita (GDP/cap)] for the world economic growth and for the growth in Western Europe, Eastern Europe, Asia, former USSR, Africa and Latin America are analysed. They follow closely the linearly-modulated hyperbolic distributions represented by the ratios of hyperbolic distributions obtained by fitting the GDP and population data. Results of this analysis demonstrate that income per capita was increasing monotonically. There was no stagnation and there were no transitions from stagnation to growth. The usually postulated dramatic escapes from the Malthusian trap never happened because there was no trap. Unified Growth Theory is fundamentally incorrect because its central postulates are contradicted repeatedly by data, which were used but never analysed during the formulation of this theory. The large body of readily-available data opens new avenues for the economic and demographic research. They show that certain fundamental postulates revolving around the concept of Malthusian stagnation need to be replaced by the evidence-based interpretations. Within the range of analysable data, which for the growth of population extends down to 10,000 BC, growth of human population and economic growth were hyperbolic. There was no Malthusian stagnation and there were no transitions to distinctly faster trajectories. Industrial Revolution had no impact on changing growth trajectories.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123417980","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
arXiv: EconomicsPub Date : 2016-01-30DOI: 10.1016/J.TECHFORE.2016.12.001
C. Magee, T. Devezas
{"title":"A Simple extension of Dematerialization Theory: Incorporation of Technical Progress and the Rebound Effect","authors":"C. Magee, T. Devezas","doi":"10.1016/J.TECHFORE.2016.12.001","DOIUrl":"https://doi.org/10.1016/J.TECHFORE.2016.12.001","url":null,"abstract":"","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"119180358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Unified Growth Theory Contradicted by the Absence of Takeoffs in the Gross Domestic Product","authors":"Ron W. Nielsen","doi":"10.1453/TER.V3I1.650","DOIUrl":"https://doi.org/10.1453/TER.V3I1.650","url":null,"abstract":"Data describing historical economic growth are analysed. They demonstrate convincingly that the takeoffs from stagnation to growth, claimed in the Unified Growth Theory, never happened. This theory is again contradicted by data, which were used, but never properly analysed, during its formulation. The absence of the claimed takeoffs demonstrates also that the postulate of the differential takeoffs is contradicted by data.","PeriodicalId":401502,"journal":{"name":"arXiv: Economics","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128671655","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}