Search results for: prices
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Znaczenie monopolizacji w postkeynesowskich teoriach cenotwórstwa
PublicationArtykuł jest teoretyczną podstawą empirycznych analiz cen prowadzonych zgodnie z ekonomią postkeynesowską. Postkeynesiści, ze względu na krytyczny realizm jako metodologiczną podstawę ekonomii postkeynesowskiej, wyróżniają trzy teorie ustalania ceny przez przedsiębiorstwa – ceny administrowane (administered proces), cenotwórstwo oparte na kosztach normalnych (normal cost prices) i cenotwórstwo oparte na narzucie (mark up prices)....
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Financial Consequences of the Introduction of the Fit For 55 on the Example of Poland
PublicationIn Europe and in Poland, there is a growing conviction that climate action is a necessity. When creating long-term strategies or making current decisions, companies are increasingly taking into account issues related to sustainable development and reducing CO2 emissions. Following the signing of the Paris Agreement in 2015, countries around the world pledged to reduce greenhouse gas emissions by 2050 so that the average temperature...
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Price convergence in the European Union and in the new member states
PublicationThis paper examines price dispersion in the European Union (EU15) and in three New Member States (Poland, Hungary and the Czech Republic) between 1995 and 2006. The analysis utilizes both disaggregate and aggregate price data, including the prices of 157 products and two indices constructed using two different weighting procedures. For each category of goods the price dispersion is lower in EU15 than EU15 plus 3 NMS. Sigma convergence...
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Detailed results of shaping personnel risk factors in enterprise C
Open Research DataThe data presents the shape of all the researched personnel risk factors in the C enterprise (which was tested by the author). Further considerations should be started with the presentation of the synthesis of the obtained results, which is presented in this research data.
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Renewable natural resources as green alternative substrates to obtain bio-based non-isocyanate polyurethanes-review
PublicationCommercially available polyurethanes are synthesized by the polyaddition of diisocyanates with polyols and low molecular weight chain extenders. A new approach to polyurethanes synthesis is realized via non-isocyanate routes. Negative impacts of petroleum-based chemicals on the environment and human health as well as gradual reduction of fuel-based resources, which leads to an increase in their prices, are an incentive to looking...
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Does one currency mean one price?
PublicationEuropean Monetary Union was expected to have many consequences for the economies of participant countries. Theory suggested that through a higher volume of trade and stronger competition in the Eurozone, a single currency would lead to a reduction in price dispersion. As far as prices are concerned, two effects were expected: an immediate effect due to the technical characteristics of the changeover process, and a long-term one...
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Katalizatory wykorzystywane w syntezie biodiesla
PublicationRising prices of electricity, conventional fuels and heating require decisive steps in the further development of technologies based on renewable energy sources. These include geothermal-; hydrothermal-; aerothermal-; and solar energy. Due to the fact that the petrochemical industry is one of the fastest growing branches of the economy, we would like to expand on the topic related to biofuels. Biodiesel is an alternative fuel similar...
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AC-DC-DC Converter for Small Power Energy Storage Systems
PublicationThe energy transformation driven by the development of renewable energy sources has become a reality for all power grid users. Prosumer energy, primarily utilizing photovoltaic installations, is one of the fastest-growing market segments. The advancement of technology, a decrease in electrochemical energy storage prices, and changes in the legal framework governing energy billing for grid-fed power have led to a growing interest...
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The “autumn effect” in the gold market—does it contradict the Adaptive Market Hypothesis?
PublicationThe present study aims to verify the autumn effect in the gold market, first presented 10 years ago by Dirk Baur in the paper “The autumn effect of gold” and to investigate the calendar effects occurring for other precious metals. This empirical research is presented in a way to place the results obtained in the context of the Efficient Market Hypothesis (EMH) and the more current Adaptive Market Hypothesis (AMH). The study was...
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SMART GRID TECHNOLOGIES IN ELECTRIC POWER SUPPLY SYSTEMS OF PUBLIC TRANSPORT
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest which is connected both with a growth in environmental awareness of the society and an increase in the prices of fuel and electricity. It can be achieved by improving the usage of regenerative breaking. In 2016 the Przedsiębiorstwo Komunikacji Trolejbusowej (PKT, Trolleybus Transport Company) in Gdynia began practical implementation...
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Enviromental factors az the elements determingthe development of floating homes
PublicationThe popularity of Floating Homes in Western Europe and North America is noticeable. The interest in thesefacilities in Poland is also constantly growing. The popularity of Floating Homes is due to climate change, risingland prices and population density in city centers. However, environmental factors play a significant role in theirdevelopment. The publication presents the results of research on the impact of environmental factors...
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Short-term Price Reaction to Involuntary Bankruptcies Filed in Bad Faith: Empirical Evidence from Poland
PublicationPurpose: Assessing the reaction of the prices of shares of companies listed in the Warsaw Stock Exchange to the public disclosure of information about the filing a bankruptcy petition in bad faith by creditors. Design/Methodology/Approach: Event study analysis. Findings: It can therefore be assumed that the filing of an unfounded bankruptcy petition does not, in the short term, have a statistically significant negative impact on...
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Convergence or divergence in the European Union
PublicationThe disparities in economic prosperity revealed both from inter-country and inter-region perspective are one of the main problem in the modern economy. They consist of the dispersion in the real values such as incomes, GDP or productivity, but also nominal values such as prices and costs. The European Union is aware of this problem hence the role of the regional and structural policy aiming enhancing the cohesion between member...
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Smartphone application supporting independent movement of the blind
PublicationImproving comfort of life of blind people is a problem of great importance. Neither a white canenor a guide dog, although both very useful, can be considered as a tool for achieving fullindependence in everyday movement around the city. On the market there are some navigation toolsinspired by car navigation systems, but they have many flaws, ranging from positioninginaccuracies to high prices. The authors present their own solution...
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Modeling process of planning finished product sales volumes at industrial enterprises in modern economic conditions
PublicationThis article presents improving the existing system of planning finished products sales volumes. The influencing factors of the sales volumes in modern economic conditions have been determined: falling world oil prices, the reduction of pipe consumption in the domestic market, the global pandemic. The algorithm of planning finished products sales volumes has been constructed. Calculations based on the Holt forecasting method has...
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Economics of credit scoring management
PublicationCredit scoring models constitute an inevitable element of modern risk and profitability management in retail financial lending institutions. Quality,or separation power of a credit scoring model is usually assessed with the Gini coefficient. Generally, the higher Gini coefficient the better, as in this way a bank can increase number of good customers and/or reject more bad applicants. In...
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Modelling of the Polish Electricity Generation Subsystem in MARKAL Program with Emphasis on the EU Emissions Trading Scheme
PublicationThis paper addresses issues related to greenhouse gas emissions in the European Union and measures to reduce them, in particular the European Emissions Trading Scheme (EU ETS). A model of the Polish electricity generation subsystem, taking into account EU ETS mechanisms, has been developed using the MARKAL optimization package. Data collected on the basis of available projects, regulations and statistics were entered into the model....
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Prowadzenie ruchu małego źródła kogeneracji gazowej według kryterium efektu ekonomicznego
PublicationCechą charakterystyczną źródeł gazowych jest ich duża elastyczność ruchowa, w porównaniu do większości źródeł konwencjonalnych i odnawialnych. Cecha ta może i powinna być wykorzystywana do poprawy wskaźników ekonomicznych obiektu. W tym celu należy przeanalizować możliwości jakie daje prowadzenie ruchu źródeł nie w standardzie pracy z wymuszeniem zapotrzebowania na ciepło, ale właśnie maksymalnie wykorzystując elastyczność ruchową...
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Prowadzenie ruchu małej elektrociepłowni gazowej według kryterium efektu ekonomicznego
PublicationCechą charakterystyczną źródeł gazowych jest ich duża elastyczność ruchowa, w porównaniu do większości źródeł konwencjonalnych i odnawialnych. Cecha ta może i powinna być wykorzystywana do poprawy wskaźników ekonomicznych obiektu. W tym celu należy przeanalizować możliwości jakie daje prowadzenie ruchu źródeł nie w standardzie pracy z wymuszeniem zapotrzebowania na ciepło, ale właśnie maksymalnie wykorzystując elastyczność ruchową...
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EXCHANGE TRADED COMMODITIES AS A CATEGORY OF INNOVATIVE PRODUCTS ON EUROPEAN FINANCIAL MARKETS
PublicationThe article presents the main features of one category of innovative financial products – exchange traded commodities (ETCs) and results of the analysis of the European market for ETCs. ETCs are products listed and traded on the stock exchanges and they offer investors returns based on various assets (commodities or currencies). In contrast with the most widely recognized exchange traded funds (ETFs), ETCs are structured as debt...
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Molecular targets for antifungals in amino acid and protein biosynthetic pathways
PublicationFungi cause death of over 1.5 million people every year, while cutaneous mycoses are among the most common infections in the world. Mycoses vary greatly in severity, there are long-term skin (ringworm), nail or hair infections (tinea capitis), recurrent like vaginal candidiasis or severe, life-threatening systemic, multiorgan infections. In the last few years, increasing importance is attached to the health and economic problems...
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Novel Structures and Applications of Graphene-Based Semiconductor Photocatalysts: Faceted Particles, Photonic Crystals, Antimicrobial and Magnetic Properties
PublicationGraphene, graphene oxide, reduced graphene oxide and their composites with various compounds/materials have high potential for substantial impact as cheap photocatalysts, which is essential to meet the demands of global activity, offering the advantage of utilizing “green” solar energy. Accordingly, graphene-based materials might help to reduce reliance on fossil fuel supplies and facile remediation routes to achieve clean environment...
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Analysis of Investments in RES Based on the Example of Photovoltaic Panels in Conditions of Uncertainty and Risk—A Case Study
PublicationThe aim of this study is to examine the profitability of investment in a photovoltaic microinstallation, to analyze the impact of legal changes on its profitability, and to perform a sensitivity analysis of the investment profitability to energy price changes. The novelty of the research applies to the financial analysis of two legal systems of discount called net-metering and net-billing. The two systems and the change in energy...
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Multiaspect measurement analysis of breaking energy recovery
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest, which is connected both with a growth of environmental awareness in the society and an increase in the prices of fuel and electricity. That is why the reduction of energy consumption by increasing electrified urban transport, such as trams, trolleybuses, light rail and underground is becoming an increasingly important issue. Energy...
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Improvements and Spatial Dependencies in Energy Transition Measures
PublicationThis article aims to improve one of the newest energy transition measures—the WorldEconomic Forum WEF Energy Transition Index (ETI) and find its driving forces. This paper proposesa new approach to correct the ETI structure, i.e., sensitivity analysis, which allows assessing theaccuracy of variable weights. Moreover, the novelty of the paper is the use the spatial error modelsto estimate determinants of the energy transition on...
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Analysing the Residential Market Using Self-Organizing Map
PublicationAlthough the residential property market has strong connections with various sectors, such as construction, logistics, and investment, it works through different dynamics than other markets; thus, it can be analysed from various perspectives. Researchers and investors are mostly interested in price trends, the impact of external factors on residential property prices, and price prediction. When analysing price trends, it is beneficial...
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VALUATION OF EMBEDDED OPTIONS IN NON-MARKETABLE CALLABLE BONDS: A NEW NUMERICAL APPROACH
PublicationThe issue of how to price options embedded in callable bonds has attracted a lot of interest over the years. The usual bond valuation methods rely on yield curves, risk premium, and other parameters to estimate interest rates used in discounted cash flow calculations. The option to retire the bond is, however, neglected in the standard pricing models, causing a systematic overvaluation of callable bonds. In the event of a decline...
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Analiza skuteczności wybranych strategii kontrariańskich na warszawskiej GPW w latach 2014–2018
PublicationCapital multiplication is the main goal of investors and for many years they have been looking for methods and strategies that would enable them to achieve it to the greatest possible extent. Due to the fact that the expectations and characteristics of investors, including those concerning the investment period, are diverse, multiple strategies have emerged. One of such strategies, mainly long-term in nature, is the so-called...
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The influence of core material on strength properties of hybrid sandwich panels
PublicationAlong with high prices of fuels and more restrictive safety and environmental regulations (including environment protection) increased interest in sandwich structures is being observed. One of the solution having growing application potential is steel sandwich panel. The construction consist of very thin steel plates (about 2mm) and stiffeners between them. The main advantage of using such solution is very high strength to weight...
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Maturity Mismatch in the Polish Banking System and its Impact on the Economy
PublicationIn the article maturity mismatch in the Polish banking system is estimated based on the publicly available data. Then the impact on the economy is discussed. Based on Polish central bank’s data it may be estimated that between 1996 and 2012 the maturity gap increased significantly – average residual maturity of assets exceeds 6 years in 2012 (less than 2 years in 1996), while that of liabilities remains below 1 year. The gap...
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Energy Yield Generated by a Small Building Integrated Photovoltaic Installation
PublicationIn the recent years photovoltaic (PV) industry has experienced a major growth, caused by the ever present annual decrease in module production prices and the expanding awareness of the general public in terms of renewable energy. There are numerous ways to implement PV modules as an additional energy source for a building, be it mounted on the rooftop, or building integrated (BIPV). An analysis of BIPV consisting of 8 modules with...
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KONKURENCYJNOŚĆ SEKTORÓW PRZEMYSŁU PRZETWÓRCZEGO I ICH WPŁYW NA MIĘDZYNARODOWĄ KONKURENCYJNOŚĆ GOSPODARKI POLSKIEJ – ANALIZA PANELOWA
PublicationCelem rozdziału jest określenie, na bazie danych sektorowych i z wykorzystaniem modelu panelowego, w jakim stopniu zmiany międzynarodowej konkurencyjności gospodarki polskiej wynikają ze zmian w konkurencyjności sektorów przemysłu przetwórczego. Determinanty konkurencyjności sektorów przemysłu zostały wybrane w świetle dorobku teorii handlu zagranicznego, teorii wzrostu oraz teorii innowacji. W szczególności pragniemy zbadać, jak...
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Short-Term Price Reaction to Filing for Bankruptcy and Restructuring Proceedings—The Case of Poland
PublicationThis study aims to check market reaction to filing for bankruptcy and restructuring proceedings and to verify the short-term effect of a price reversal in the Polish market in the years 2004–2019. The research was conducted by dividing the analysed companies according to the procedure (bankruptcy and restructuring) and market (the main market and the NewConnect market). The research methodology used in the study is the event analysis...
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Siedmiokryterialny miernik oceny niepotokowych procesów produkcyjnych
PublicationGrowing expectations of clients, who demand products adapted to their individual needs is inducing the development of batch processes. The author developed a model of batch processes rating based on the following criterions: • Economical criterion applies to evaluation of the productions’ cost levels connected with the process subjected to analysis and necessary investment funds. • Ecological criterion is about means of natural...
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Multifaceted Analyses of Four Different Prototype Lightweight Photovoltaic Modules of Novel Structure
PublicationDynamic growth of photovoltaic capacity in Poland encourages many entities to invest in photovoltaic systems. However, in the case of buildings with low roof-bearing capacity it can be problematic or even impossible to mount conventional PV modules due to their relatively high weight. Hence, the use of lightweight PV modules is a potential solution. In this paper four different prototype silicon lightweight modules of novel structure...
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Eco-friendly modification of bitumen: The effects of rubber wastes and castor oil on the microstructure, processability and properties
PublicationThe bitumen industry in the European Union is facing several difficulties, including rising demand, unstable oil supply, rising prices for synthetic polymer modifiers, and a focus on lowering carbon footprint. Bitumen modification with crumb rubber (CR) is one of the most promising solution to these challenges. However, CR-modified bitumen have poor processability and low storage stability. To overcome these flaws we are introducing...
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Technical and economic analysis of energy storage in the compressed air technology with low capacity for the production plant
PublicationCompressed air energy storage (CAES) system is a promising technology due to its numerous advantages, including relatively low maintenance cost, a long lifespan and high operational flexibility. This article explores the possibility of designing a CAES power plant as a source of electricity and heat for an existing industrial plant. The study involves the technical analysis of the power plant parameters and the economic analysis...
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Degree of monopoly and market power vs. price flexibility in Polish economy: empirical analysis based on COICOP classification
PublicationResearch background: The issue of price flexibility is crucial in the economy both in the aspect of company theory and its macroeconomic consequences. In a number of publications, the sources of variable price flexibility are linked to the market power of enterprises as well as the market structure that has developed in a given branch. It is difficult to indicate empirical studies that would state clearly whether price flexibility...
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Small Polymeric Toys Placed in Child-Dedicated Chocolate Food Products—Do They Contain Harmful Chemicals? Examination of Quality by Example of Selected VOCs and SVOCs
PublicationThis study was focused on child-dedicated chocolate food products that contain a plastic package with a small toy inside (also known as chocolate eggs). Three types of these products that are commercially available on the Polish market, with different prices, chocolate composition, and main types of polymers used in the toy manufacturing process, were investigated. The polymers were identified using Fourier-transform infrared (FT-IR)...
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ARIMA vs LSTM on NASDAQ stock exchange data
PublicationThis study compares the results of two completely different models: statistical one (ARIMA) and deep learning one (LSTM) based on a chosen set of NASDAQ data. Both models are used to predict daily or monthly average prices of chosen companies listed on the NASDAQ stock exchange. Research shows which model performs better in terms of the chosen input data, parameters and number of features. The chosen models were compared using...
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Ukraine’s Energy Security in Strategies
PublicationDuring the independence period, the Ukrainian government has published two energy security strategies. The first strategy was adopted in 2006 and the second one in 2016. Both documents provided a similar definition of energy security. The aims of the first strategy, covering the period 2006–2030, were the restructuring of the fuel and energy complex using new technologies, increase of energy efficiency and ensuring market prices...
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Efficiency and proportions of waste tyre pyrolysis products depending on the reactor type—A review
PublicationThis article discusses the current use of different pyrolytic reactors, their constructions and operating principles regarding the yields of main products of waste tyre pyrolytic recycling. Whether one makes a larger or smaller profit, or even a loss due to a surcharge being levied on waste tyre recycling, depends on the sale of the pyrolysis products (gas, char, oil), the proportions and market prices of which differ. The cheapest...
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Synteza, struktura chemiczna i właściwości bezizocyjanianowych poliuretanów otrzymywanych z wykorzystaniem CO2 oraz surowców pochodzenia naturalnego.
PublicationZ uwagi na wciąż rosnącą świadomość proekologiczną, politykę zrównoważonego rozwoju, a także nurt zielonej chemii wiodącym trendem w przemyśle tworzyw sztucznych jest poszukiwanie alternatywnych metod otrzymywania materiałów polimerowych. Komercyjnie poliuretany otrzymywane są w wyniku reakcji poliaddycji di- lub poliizocyjanianów z poliolami i małocząsteczkowymi przedłużaczami łańcucha. Z uwagi na niekorzystne właściwości diizocyjanianów,...
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Composite as a Material of the Future in the Era of Green Deal Implementation Strategies
PublicationComposite materials have become synonymous with modernity, desired in nearly every aspect of our daily lives, from simple everyday objects to sanitary facilities, pipelines, the construction of modern sewer networks, their renovation, water supply, and storage reservoirs, to complex structures—automotive, planes, and space science. Composites have seen a considerable rise in attention owing to their characteristics, durability,...
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Using Container Structures in Architecture and Urban Design
PublicationAbstract. The paper presents the use of shipping containers in architecture and urban design. Even today, houses and apartments are still too expensive. Since 1923 architects have been improving the living conditions of citizens by building very simple, repeatable forms. With prefabrication technology it became possible to build quicker, causing house prices to decrease. Apartments in block of flats became affordable to more and...
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Modern Management Challenges of Floating Housing Development
PublicationThe aim of the article is to identify factors that determine the development and management models of floating housing development in the analyzed countries. The author indicates factors determining the possibility of settling on bodies of water in Poland, and restrictions connected with this type of development, as well as the need for specialized persons and companies ready to meet the challenges of the modern management of hydro-technical...
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Transformation of Energy Markets: Description, Modeling of Functioning Mechanisms and Determining Development Trends
PublicationOne of the key contemporary economic and social issues today is the global energy transition. Energy transition processes are having a significant impact on the development of world economies, increasing their TFP and leading to an increase in their level of innovation through the transfer of myriad new technologies. These processes also contribute to an increase in foreign direct investment and, consequently, an increase in the...
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Medium-Voltage Drives: Challenges and existing technology
PublicationThe article presents an overview of state-of-art solutions, advances, and design and research trends in medium-voltage (MV) drive technologies - and also discusses the challenges and requirements associated with the use of such drives. The choice and deployment of MV drives in industries are associated with numerous requirements related to the front-end converter (grid side) and inverter (machine side). The focus is on solutions...
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Techno-economic evaluation of combined cycle gas turbine and a diabatic compressed air energy storage integration concept
PublicationMore and more operational flexibility is required from conventional power plants due to the increasing share of weather-dependent renewable energy sources (RES) generation in the power system. One way to increase power plant’s flexibility is integrating it with energy storage. The energy storage facility can be used to minimize ramping or shutdowns and therefore should lower overall generating costs and CO2 emissions. In this article,...
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Zastosowanie trendów przełącznikowych w analizie płac realnych w Polsce
PublicationStreszczenie W początkowej części artykułu zostały przedstawione i omówione informacje o poziomie miesięcznych nominalnych płac (WN) oraz indeksie cen dóbr konsumpcyjnych (ICK) w gospodarce polskiej w latach 1995-2015. Następnie opisano poziomy realnych płac (W) wyrażone w cenach roku 2015. Na bazie tych informacji przedstawiono i przedyskutowano zagadnienia dotyczące rocznych przyrostów płac realnych oraz ich rocznych stóp wzrostu....