This paper applies a semi-parametric approach to estimating a generalised model of investments in energy installations. The model accounts for irreversibility and lumpiness of investments by linking a parametric specification of the unobservable dynamic shadow price to observed investment...

The development of consumer-driven, efficient, responsive and innovative supply chains is crucial for the growth of fruit consumption in Europe and for a competitive, sustainable fruit sector. Currently, fruit supply chains are characterized by a relatively low level of consumer orientation and...