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"Soft budget constraint" has been adopted to explain SOEs' socio-political oriented objectives because resource reallocation activity as continued subsidies to loss-making SOEs has prompted macroeconomic stability.
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Moreover, the reallocation of activities as well as of the car availability from one member of the household to the other cannot be reproduced by a trip-chain approach, with a consequent unsatisfactory modelling of the actual mobility of the whole household.
For supervision and implementation support to be effective, sufficient flexibility needs to be foreseen in the project design and implementation arrangements to allow for reallocation of activities, budget lines and use of contingency funds where support needs are identified during supervision and review missions.
Thus, outsourcing means the allocation or reallocation of service activities of an internal source to an external one (Schniederjans et al. 2005).
Nevertheless, since the production function presents decreasing return to scale, the reallocation of productive activities from the less to the more economical plant is a finite process before the non-negativity constraint is binding.
The observation of reallocation of risky activities in time is common in the public health literature.
Trade liberalization also reinforced the reallocation of production activities caused by the abolition of central planning.
The Presidential Adviser took the opportunity to make special reference to the recent move in the National Assembly regarding reallocation of funds from sovereign activities to social sector activities to the tune of SDG.84 billion, being of significance in broadening the umbrella of social protection.
As a result, institutional re-risking activity slowed down and reallocations focused primarily on shifting from active to passive and from money market funds to deposits.
Since total work hours remain unchanged after tenure, a teacher's reallocation of time towards certain extracurricular activities may provide insight into the link between teacher activities and student achievement.
Intuitively, it is welfare improving to increase the level of a relatively taxed activity since this involves the reallocation of a commodity or endowment from a low value use to a relatively high social marginal usage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com