We investigate the impact on intertemporal distribution caused by a change of policy from tax to deficit financing of public investment, using a simple theoretical framework which combines the one-period McGuire-Olson economy with the conventional long-run Solow economy. This theoretical framework provides a simple way to highlight some significant interdependencies between private and public investments as well as the negative impact of taxation on aggregate productivity, and to trace some possible transmission mechanisms between deficit financing policies and the long-run path of consumption per head. The main tentative (theoretical) result is that although under fairly acceptable assumptions the likely impact of a deficit financing policy is to benefit the present at the expense of the future, under equally acceptable assumptions concerning the possibility of an excessive macro private saving–investment propensity, and/or of a significant productivity loss due to the excess burden of taxation, the adverse intertemporal distributional impact of deficit financing might become negligible, or even disappear altogether.
Public-Private Partnerships (PPPs) are mostly presented as a means to introduce efficient procurement methods and better value for money to taxpayers. However, the complexity of the PPP mechanism, their lack of transparency, accounting rules and implicit liabilities make it often impossible to perceive the amount of public expenditure involved and the long-run impact on taxpayers, providing room for fiscal illusion, i.e., the illusion that PPPs are much less expensive than traditional public investments. This psaper, thanks to a systematic review of the literature on the EU countries experience, tries to unveil the sources of this illusion by looking at the reasons behind the PPPs’ choice, their real costs, and the sources of fiscal risks. The literature suggests that PPPs are more costly than public funding, especially when contingent liabilities are not taken into account, and are employed as mechanisms to circumvent budgetary restrictions and to spend off-balance. The paper concludes that the public sector should share more risks with private sectors by reducing the amount of guarantees, and should prevent governments from operating through a sleight of hand that deflects attention away from off-balance financing, by applying a neutral fiscal recording system.
Major spices crops such as black pepper (Piper nigrum L.), cardamom (Elettaria cardamomum Maton.) and turmeric (Curcuma longa L.) production in India, is sustained losses due to several reasons. Among them, one of the major constraints are nematode infesting diseases, which causes significant yield losses and affecting their productivity. The major nematode pests infesting these crops include burrowing nematode Radopholus similis; root knot nematode, Meloidogyne incognita and M. javanica on black pepper. Whereas, lesion nematode, Pratylenchus sp., M. incognita and R. similis infesting cardamom and turmeric crops. Black pepper is susceptible to a number of diseases of which slow decline caused by R. similis and M. incognita or Phytophthora capsici either alone and in combination and root knot disease caused by Meloidogyne spp. are the major ones. Root knot disease caused by Meloidogyne spp. is major constraints in the successful cultivation and production in cardamom. Turmeric is susceptible to a number of diseases such as brown rot disease is caused by Fusarium sp. and lesion nematode, Pratylenchus sp. and root knot disease caused by M. incognita. Adoption of integrated pest management schedules is important in these crops since excessive use of pesticides could lead to pesticide residues in the produce affecting human health and also causing other ecological hazards.
Lead halide perovskites are the new rising generation of semiconductor materials due to their unique optical and electrical properties. The investigation of the interaction of halide perovskites and light is a key issue not only for understanding their photophysics but also for practical applications. Hence, tremendous efforts have been devoted to this topic and brunch into two: (i) decomposition of the halide perovskites thin films under light illumination; and (ii) influence of light soaking on their photoluminescence (PL) properties. In this review, we for the first time thoroughly compare the illumination conditions and the sample environment to correlate the PL changes and decomposition of perovskite under light illumination. In the case of vacuum and dry nitrogen, PL of the halide perovskite (MAPbI3–xClx, MAPbBr3–xClx, MAPbI3) thin films decreases due to the defects induced by light illumination, and under high excitations, the thin film even decomposes. In the presence of oxygen or moisture, light induces the PL enhancement of halide perovskite (MAPbI3) thin films at low light illumination, while increasing the excitation, which causes the PL to quench and perovskite thin film to decompose. In the case of mixed halide perovskite ((MA)Pb(BrxI1-x)3) light induces reversible segregation of Br domains and I domains.
This paper is concerned with the numerical solution of the mixed Volterra-Fredholm integral equations by using a version of the block by block method. This method efficient for linear and nonlinear equations and it avoids the need for spacial starting values. The convergence is proved and finally performance of the method is illustrated by means of some significative examples.
There are several methods in the literature to find the fuzzy optimal solution of fully fuzzy linear programming (FFLP) problems. However, in all these methods, it is assumed that the product of two trapezoidal (triangular) fuzzy numbers will also be a trapezoidal (triangular) fuzzy number. Fan et al. (“Generalized fuzzy linear programming for decision making under uncertainty: Feasibility of fuzzy solutions and solving approach”, Information Sciences, Vol. 241, pp. 12–27, 2013) proposed a method for finding the fuzzy optimal solution of FFLP problems without considering this assumption. In this paper, it is shown that the method proposed by Fan et al. (2013) suffer from errors and to overcome these errors, a new method (named as Mehar method) is proposed for solving FFLP problems by modifying the method proposed by Fan et al. (2013) . To illustrate the proposed method, some numerical problems are solved.
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