Economic sustainability and the preservation of environmental assets

The core requirement of sustainability is that current economic activities should not result in an excessive burden on future generations. This criterion is general enough to imply different decision rules for the preservation of environmental assets. Neoclassical economics does not have a sustainability criterion for environmental assets independent of the intertemporal efficiency criterion, which allocates environmental and man-made capital based on projected monetary benefits and costs. This criterion is examined in terms of the feasibility of valuing the benefits of environmental assets, the substitution possibilities between natural and man-made capital, and the ethical grounds for using efficiency as the sole determinant of the allocation of environmental assets. An alternative ecological sustainability criterion is the preservation of safe minimum levels of environmental assets in physical terms rather than the dollar value of a composite of natural and man-made capital. Safe minimum standards for environmental assets constrain the efficiency criterion in order to ensure the sustainability of economic systems. It is argued that the ecological approach to sustainability should limit the economic approach for decisions involving the allocation of environmental assets.     

Local authority technology policies

This paper is concerned with the failure of published research to provide a framework within which local technology policy could be analysed and evaluated. It firstly describes a simple model of the technological development process. Then, using this model as a base, develops a framework for analysing the main aspects of technological policies. The paper considers the main results of a recent survey of local authority technology development policies and initiatives before providing some overall conclusions relating to the nature, direction and likely effectiveness of such policies.     

Effects of labelled meaning on the affective quality of housing scenes

A series of studies examined the effects of labelled meaning on affective response to housing scenes. Students at Ohio State University assessed their feelings towards imagined housing (public or private) and cities (Memphis, Houston and San Francisco). Expected differences in the affective quality were found. Responses to color photographs of specific housing scenes labelled as either private condominiums or public housing were obtained. Differences in scene-affect as a function of labelled meaning were found. Responses to housing scenes labelled as located in either Memphis, Houston or San Francisco revealed no differences in scene-affect as a function of label meaning. This latter finding was confirmed in a non-repeated measure examination. Differences in the fittingness, potency or relevance of the information provided may account for the pattern of findings.     

Net value royalties : Practical tool or economist's illusion?

The petroleum industry has traditionally generated substantial revenues for governments. Where governmental power is divided, as in federations like Canada and Australia, a junior level of government normally collects royalties while the senior level levies a variety of imposts (income tax, export duties, excises on production). The combination of recent sharp reductions in prices, more price volatility and an era of freer markets has subjected existing tax and royalty systems to severe strain and has shifted attention to the design of fiscal systems that are more profit- sensitive. For the royalty element, interest focuses on net value royalties (NVRs). This paper deals with the nature and problems of NVRs. It proceeds by looking first at the application of resource rent royalties in Australia. It then focuses on recent megaproject royalty arrangements in Alberta and evaluates the degree to which Alberta's current royalty system is profit- sensitive. Problems associated with NVRs are discussed in the fourth section; concluding remarks are made in the last section.     

Will science parks generate the fifth wave?

The paper examines characteristics of science parks in the face of employment decline, raising doubts about the scale of their success. The paper re‐examines previous research on the existence and causes of long waves of economic growth and decline and concludes that if these are not generated by innovations in production, then it should not be surprising that science parks have not lived up to expectations.     

Information technology — a challenge for the sparsely populated areas

The computer and telecommunications technology has created new opportunities for developing interaction between offices and enterprises located far away from each other. Even if the market forces favour concentration to R & D centres in the big cities and in university towns, there are expectations that the distance over‐bridging qualities of the new technology can create development opportunities for sparsely populated peripheral areas. In this paper the interplay between the new technology and other important factors in the local and regional environment are discussed with the focus on both opportunities and restrictions.     

Enterprise boards: evolution and critique

There has been a marked proliferation of local economic development initiatives in recent years. Enterprise Boards have proved one of the most successful of these innovations. In the early 1980s five were established. Two, the Greater London and the West Midlands Enterprise Boards, were initially designed to intervene radically within their local economies, although subsequent events moderated their activities. The remaining three in Lancashire, West Yorkshire and Merseyside, have successfully widened their operations to embrace collaborate projects with the private sector, training, boosting co‐operatives, and research. By many economic evaluations, for example, jobs supported, leverage ratios and investment per job, Enterprise Boards have performed better than other instruments of urban and regional development. Wider socio‐political objectives have proved more difficult to achieve.     

建筑物火灾的计算机区域模型

本研究运用区域方法模拟了建筑物火灾的发展过程,采用理论分析和经验公式相结合的方法,开发了火灾工程系统软件,分析求解了防火工程中的参数,该模型可为建筑物防火工程设计提供咨询、评估。     

Local economic development — the changing public/private sector relationship

The paper examines changing approaches to local economic development in the period since 1974. Initially, it proposes an ‘orthodox’ model of local economic development policies which emphasised the provision of a better industrial fabric, and of financial assistance to small, inner city firms. It suggests three recent directions of change in emphasis from this orthodox model: help in the creation of new entrepreneurs; replacement of public sector by private sector action; local authority shareholding in local firms by use of Enterprise Boards. Each approach makes different assumptions about the public/private sector relationship, the last two involve a more explicitly ideological stance on this issue.