This study attempts to contribute to the literature on stock markets and energy prices by examining the dynamic volatility and volatility transmission between oil and Ghanaian stock market returns in a multivariate setting using the recently developed VAR–GARCH, VAR–AGARCH and DCC–GARCH...

The chemical sector is a key driver of China's remarkable growth record and accounts for about 10% of the country's GDP. This has made the industry energy-intensive and consequently a major contributor to greenhouse gas emissions (GHG) and other pollutants. This study has attempted to...

This paper analyzes the energy efficiency of China's 30 administrative regions during the period from 1997 to 2010. Most existing studies ignored the variation of production technologies among regions in China. Taking this factor into account, we introduce a parametric metafrontier approach...

For a transitional economy such as China, some energy subsidies are reasonable, and sometimes even necessary for achieving social goals. However, with rising energy prices and environmental concerns, we see conflicts emerging between energy subsidies, energy demand/supply fundamentals and...

This paper measures the energy efficiency performance with carbon dioxide (CO2) emissions in 30 provinces in China during the period of 1997–2011 using a meta-frontier framework with the improved directional distance function (DDF). We construct a new environmental production possibility set...

This paper examines the impacts of industrialization and urbanization on CO2 emissions in China using nonparametric additive regression models and provincial panel data from 1990 to 2011. The empirical results show that there is an inverted U-shaped nonlinear relationship between...