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From State to Market: A Survey of Empirical Studies on Privatization
Megginson, William L.; Netter, Jeffry M. - Fondazione ENI Enrico Mattei (FEEM) - 1999
This study surveys the academic and professional literature examining the privatisation of state-owned enterprises (SOEs), with a focus on empirical studies. Privatisation has been instrumental in reducing state ownership in many countries and had a transforming effect on global stock markets,...
Persistent link: https://www.econbiz.de/10005423173
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R&D Collaboration Networks in Mixed Oligopoly
Zikos, Vasileios - Fondazione ENI Enrico Mattei (FEEM) - 2008
We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This...
Persistent link: https://www.econbiz.de/10004965187
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Uniqueness and Indeterminacy of Equilibria in a Model with Polluting Emissions
Bella, Giovanni - Fondazione ENI Enrico Mattei (FEEM) - 2006
Is pollution a dirty word? To answer this question we develop an endogenous growth model à la Rebelo (1991) where dirtiness becomes a fundamental choice variable for the economy to grow. Conclusions to our analysis say that a positive sustainable economic growth is attainable only if polluting...
Persistent link: https://www.econbiz.de/10005385338
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The Environmental Kuznets Curve: a Survey of the Literature
Borghesi, Simone - Fondazione ENI Enrico Mattei (FEEM) - 1999
In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC), suggests that environmental degradation increases in the early stages of growth, but it...
Persistent link: https://www.econbiz.de/10009391480
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Oil Price Forecast Evaluation with Flexible Loss Functions
Bastianin, Andrea; Manera, Matteo; Markandya, Anil; … - Fondazione ENI Enrico Mattei (FEEM) - 2011
The empirical literature is very far from any consensus about the appropriate model for oil price forecasting that should be implemented. Relative to the previous literature, this paper is novel in several respects. First of all, we test and systematically evaluate the ability of several...
Persistent link: https://www.econbiz.de/10009421234
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A Comparison Between Shale Gas in China and Unconventional Fuel Development in the United States: Health, Water and Environmental Risks
Farah, Paolo D.; Tremolada, Riccardo - Fondazione ENI Enrico Mattei (FEEM) - 2013
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010732280
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What Should We Expect from Innovation? A Model-Based Assessment of the Environmental and Mitigation Cost Implications of Climate-Related R&D
Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - Fondazione ENI Enrico Mattei (FEEM) - 2010
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can … innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies … technical progress in the energy sector. We evaluate a range of innovation policies, both as a stand-alone instrument and in …
Persistent link: https://www.econbiz.de/10008467309
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Environmental Kuznets Curves for Carbon Emissions: A Critical Survey
Aslanidis, Nektarios - Fondazione ENI Enrico Mattei (FEEM) - 2009
The empirical finding of an inverse U-shaped relationship between per capita income and pollution, the so-called Environmental Kuznets Curve (EKC), suggests that as countries experience economic growth, environmental deterioration decelerates and thus becomes less of an issue. Focusing on the...
Persistent link: https://www.econbiz.de/10004987241
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The External Cost of European Crude Oil Imports
Bigano, Andrea; Cassinelli, Mariaester; Sferra, Fabio; … - Fondazione ENI Enrico Mattei (FEEM) - 2009
This paper is the first to assess operational and probabilistic externalities of oil extraction and transportation to Europe on the basis of a comprehensive evaluation of realistic future oil demand-supply scenarios, of the relative relevance of import routes, of the local specificities in terms...
Persistent link: https://www.econbiz.de/10005012134
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The Role of R&D and Technology Diffusion in Climate Change Mitigation: New Perspectives Using the Witch Model
Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - Fondazione ENI Enrico Mattei (FEEM) - 2009
This paper uses the WITCH model, a computable general equilibrium model with endogenous technological change, to explore the impact of various climate policies on energy technology choices and the costs of stabilising greenhouse gas concentrations. Current and future expected carbon prices...
Persistent link: https://www.econbiz.de/10005012143