Showing 1 - 10 of 146
The EU-ETS is the first measure initiated by the EU to contribute to the decarbonization of the European energy sector …
Persistent link: https://www.econbiz.de/10010593875
Africa is well endowed with potential for hydro and solar power, but its other endowments – shortages of capital, skills, and governance capacity – make most of the green options relatively expensive, while its abundance of hydro-carbons makes fossil fuels relatively cheap. Current power...
Persistent link: https://www.econbiz.de/10010593862
energy technology was relatively limited. In the two subsequent decades a great deal has been learned. The problem of …
Persistent link: https://www.econbiz.de/10010593869
This paper reassesses the causal relationship between per capita energy use and gross domestic product, while … between income and energy use. In doing so we contribute to an old debate using modern tools that shed a new light. There is … causality running from capital formation and GDP to energy usage. In the long run the reverse causality, found in recent work …
Persistent link: https://www.econbiz.de/10010616840
A factor proportions model examines the effects of falling energy input and its rising price in the US economy based on … separate interaction of energy and labor with capital, estimated with annual data from 1951 to 2008. Energy has a large output … elasticity and inelastic own input demand. A rising energy price lowers the return to capital in the general equilibrium even …
Persistent link: https://www.econbiz.de/10011100083
We show that gasoline retailer profits heavily depend on the direction of wholesale cost movements. Using a unique, firm-level, proprietary sample of 121 U.S. gasoline retailers collectively operating over 4500 stores, we find that it tends to be only in months when wholesale prices are...
Persistent link: https://www.econbiz.de/10011100133
The energy industry is facing substantial challenges that require the fostering of innovation. In this paper we analyse …&D intensity is positively related to process innovation. Second, the main barriers that hamper innovation in the energy industry …
Persistent link: https://www.econbiz.de/10011115907
specific asset, focusing on energy commodities futures, namely Brent and WTI crude oils, natural gas and heating oil. After …
Persistent link: https://www.econbiz.de/10010939442
This paper investigates the behaviour of spot prices in eight energy markets that trade futures contracts on NYMEX. We …, whereas for the remaining energy markets we find the presence of an “inverse leverage” effect. Also, the addition of the … for most energy markets that we examine. …
Persistent link: https://www.econbiz.de/10011039557
We examine the long-run relation and short-run dynamics between energy consumption and output in a panel of 14 oil … results based on the mean group estimator with common correlated effects suggest (a) a stable relation between energy … results to the inclusion of additional variables. As such, environmental policies designed to curtail energy may have …
Persistent link: https://www.econbiz.de/10011039608