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Differentiated management of GM diffusion in China: Further hampering the self-sufficiency in cereal production?
Fok, Michel; Liang, Weili; Wang, Guiyan; Wu, Yuhong - HAL - 2004
China is a big country in terms of biotech achievements. It is also a rare country demonstrating crop …
Persistent link: https://www.econbiz.de/10008793327
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Taux de change réel et productivité en Chine
Jeanneney, Sylviane Guillaumont; Hua, Ping - HAL - 2011
This article investigates the impact that the appreciation and the stability of the real exchange rate in China between … 1993 and 2001 have exerted on productivity growth. We give theoretical arguments explaining the impact of the real exchange … rate on productivity via its effects either on efficiency growth or on technical progress. Then for the twenty-nine Chinese …
Persistent link: https://www.econbiz.de/10008805933
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Tailoring Bank Capital Regulation for Tail Risk
Klimenko, Nataliya - HAL - 2013
The experience of the 2007-09 financial crisis has showed that the bank capital regulation in place was inadequate to deal with "manufacturing" tail risk in the financial sector. This paper proposes an incentive-based design of bank capital regulation aimed at efficiently dealing with tail risk...
Persistent link: https://www.econbiz.de/10010933816
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CAPITAL REQUIREMENTS FOR OPERATIONAL RISK: AN INCENTIVE APPROACH
Belhaj, Mohamed - HAL - 2010
This paper proposes a simple continuous time model to analyze capital charges for operational risk. We find that undercapitalized banks have less incentives to reduce their operational risk exposure. We view operational risk charge as a tool to reduce the moral hazard problem. Our results show,...
Persistent link: https://www.econbiz.de/10008794062
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The costs of climate policies in a second best world with labour market imperfections
Guivarch, Céline; Crassous, Renaud; Sassi, Olivier; … - HAL - 2011
The critical role of labour market imperfections is explored in climate stabilisation costs formation, using a dynamic recursive energy-economy model that represents a second best world with market imperfections and short-run adjustments constraints along a long-term growth path. The degree of...
Persistent link: https://www.econbiz.de/10010899060
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Sensitivity analysis of an energy-economy model of the residential building sector
Branger, Frédéric; Giraudet, Louis-Gaëtan; Guivarch, … - HAL - 2014
In this paper, we discuss the results of a sensitivity analysis of Res-IRF, an energy-economy model of the demand for space heating in French dwellings. Res-IRF has been developed for the purpose of increasing behavioral detail in the modeling of energy demand. The different drivers of energy...
Persistent link: https://www.econbiz.de/10010899485
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The costs of climate policies in a second best world with labour market
Guivarch, Céline; Crassous, Renaud; Sassi, Olivier; … - HAL - 2009
This article explores the critical role of labour market imperfections in climate stabilisation costs formation. To do so, we use a dynamic recursive energy-economy model that represents a second best world with market imperfections and short-run adjustments constraints along a long-term growth...
Persistent link: https://www.econbiz.de/10010738901
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Robustness and sensitivity analysis of risk measurement procedures
Cont, Rama; Deguest, Romain; Scandolo, Giacomo - HAL - 2010
Measuring the risk of a financial portfolio involves two steps: estimating the loss distribution of the portfolio from available observations and computing a ``risk measure" which summarizes the risk of the portfolio. We define the notion of ``risk measurement procedure", which includes both of...
Persistent link: https://www.econbiz.de/10008793218
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Exploring the "mechanics" of firm growth : evidence from a short-panel VAR
Coad, Alex - HAL - 2007
employment, sales, gross operating surplus and labour productivity growth. Preliminary results suggest that employment growth is …
Persistent link: https://www.econbiz.de/10010750364
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Neoclassical vs Evolutionary Theories of Financial Constraints : Critique and Prospectus
Coad, Alex - HAL - 2007
Complicated neoclassical models predict that if investment is sensitive to current financial performance, this is a sign that something is "wrong" and is to be regarded as a problem for policy. Evolutionary theory, on the other hand, refers to the principle of "growth of the fitter" to explain...
Persistent link: https://www.econbiz.de/10010750396