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But the effect for industries that have benefited heavily from those breaks will be a large jump in their tax bill.The two that will suffer most are insurance and energy.
Reverse engineering of existing drugs has had a considerable learning effect for industries in China, India and Brazil, facilitating the adoption of new technologies and easing the transition into innovative activities.
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42 Because sponsorship bias is in the direction of greater effects for industry sponsored trials, our results might overestimate the effects of Z drug hypnotics for treating adult insomnia.
Add the knock-on effect for related industries and the loss of entire business units, there is an estimated further losses of £14bn to £18bn in revenue and 34,000 to 40,000 jobs and £5bn in tax.
A negative technical effect for an industry signifies that the industry has successfully reduced energy consumption or shifted its use of energy in a way that reduces CO2 emissions.
As they grow old (and rich!) this should have a knock-on effect for the industry as a whole".
Empirical results in our paper indicate that the rebound effect for heavy industry in China is about 74.3%.
Under the framework of translog cost share equations, we estimates the direct rebound effect for heavy industry in China for the first time by conducting an empirical research on the relationship between the direct rebound effect and the ease with which energy services can substitute for other inputs.
"We look forward to engaging with the detailed proposals and how they might be implemented to best effect for the industry as a whole".
Several oil companies have filed for bankruptcy in the past year, and the knock-on effects for related industries, like steel, has been devastating.
Furthermore, while our labour migration system has been designed to court so-called skilled labour, which is in short supply in some developing countries and can lead to brain drain with potentially harmful effects for certain industries, the UK has entirely shut its doors to so-called unskilled labour from outside the EU.
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CEO of Professional Science Editing for Scientists @ prosciediting.com