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Civil War and Human Development: Impacts of Finance and Financial Infrastructure

Baddeley, M. - Faculty of Economics, University of Cambridge - 2011

instability leads to conflict (and vice versa), war retards the development of financial institutions/infrastructure, and … within a two-stage model of war, finance and development and this is used as the basis for an empirical analysis … instability increase the chances of civil war directly and, via negative impacts on development, indirectly too. …

Persistent link: https://www.econbiz.de/10009024886

Loyalty for Sale? Military Spending and Coups d'Etat

Leon, G. - Faculty of Economics, University of Cambridge - 2012

Coups d'etat continue to be common around the world, often leading to changes in leaders and institutions. We examine the relationship between military spending and coups and find that (i) successful coups increase military spending by more than failed attempts, and (ii) coups are more likely...

Persistent link: https://www.econbiz.de/10009651255

The Japanese Electricity System 15 months After March 11th 2011

Haarscher, A.; Bruner, M.; Doblas, J.; Fargere, A.; … - Faculty of Economics, University of Cambridge - 2014

The Great East Japan earthquake and tsunami on March 11th 2011 caused mass destruction, significant loss-of-life and a large displacement of people. It also placed significant strain of Japan’s electricity-generating infrastructure. There was a significant reduction in capacity due to the...

Persistent link: https://www.econbiz.de/10011252605

Electricity Demand and Basic Needs: Empirical Evidence from China’s Households

He, Xiaoping; Reiner, David - Faculty of Economics, University of Cambridge - 2014

An increasing block tariff (IBT) has been implemented nationwide in the residential sector in China since July 2012 as part of a process towards liberalizing electricity prices. However, knowledge about IBT design is still limited, particularly how to determine the electricity volume for the...

Persistent link: https://www.econbiz.de/10011252606

Commodity Price Volatility and the Sources of Growth

Cavalcanti, T.V. de V.; Mohaddes, K.; Raissi, M. - Faculty of Economics, University of Cambridge - 2011

This paper studies the impact of the level and volatility of commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital acquisition. We argue that volatility, rather than abundance per se,...

Persistent link: https://www.econbiz.de/10009024881

Institutions and the Volatility Curse

Leong, W.; Mohaddes, K. - Faculty of Economics, University of Cambridge - 2011

This paper revisits the resource curse paradox and studies the impact of resource rents and their volatility on economic growth under varying institutional quality. Using five-year non-overlapping observations between 1970 and 2005 for 112 countries, we find that while resource rents enhance...

Persistent link: https://www.econbiz.de/10009207383

Conceptualizing Energy Security

Winzer, C. - Faculty of Economics, University of Cambridge - 2011

Energy security is one of the main targets of energy policy. However, the term has not been clearly defined, which makes it hard to measure and difficult to balance against other policy objectives. We review the multitude of definitions of energy security. They can be characterized according to...

Persistent link: https://www.econbiz.de/10009246584

Stability versus Sustainability: Energy Policy in the Gulf Monarchies

Krane, Jim - Faculty of Economics, University of Cambridge - 2013

The six Persian Gulf monarchies are home to some of the world’s largest hydrocarbon reserves, and also some of the cheapest energy prices and highest per-capita consumption. Government subsidies based on socio-political objectives have contributed to regime longevity, but they have also...

Persistent link: https://www.econbiz.de/10010790547

An expensive diversion: Abu Dhabi's renewables investments in the context of its natural gas shortage

Krane, J. - Faculty of Economics, University of Cambridge - 2012

In the midst of a shortage of natural gas, Abu Dhabi has launched an investment into renewable energy. Why? Will renewables allow the Persian Gulf sheikhdom to meet rising electricity demand without simultaneous increases in conventional power? No. Even in one of the world’s sunniest places...

Persistent link: https://www.econbiz.de/10010790555

Sustainability Indicators for Open-Cycle Thorium-Fuelled Nuclear Energy

Ashley, S.F.; Fenner, R.A.; Nuttall, W.J.; Parks - Faculty of Economics, University of Cambridge - 2012

The potential for countries which currently have a nominal nuclear energy infrastructure to adopt thorium-uranium-fuelled nuclear energy systems, using a once-through “open” nuclear fuel cycle, has been presented by the International Atomic Energy Agency. This paper highlights Generation III...

Persistent link: https://www.econbiz.de/10010699812