This paper evaluates the operational activities of Chinese hydroelectric power companies over the period 2000–2010 using a finite mixture model that controls for unobserved heterogeneity. In so doing, a stochastic frontier latent class model, which allows for the existence of different...

In this paper we study the diffusion of non-hydro renewable energy (NHRE) technologies for electricity generation across 108 developing countries between 1980 and 2010. We use two-stage estimation methods to identify the determinants behind the choice of whether or not to adopt NHRE as well as...

The European energy policy is substantially driven by the target to reduce the CO2-emissions significantly and to mitigate climate change. Nevertheless European power generation is still widely based on fossil fuels. The carbon capture and storage technology (CCS) could be part of an approach to...

This paper analyses the technical efficiency of Chinese fossil-fuel electricity generation companies from 1999 to 2011, using a Bayesian stochastic frontier model. The results reveal that efficiency varies among the fossil-fuel electricity generation companies that were analysed. We also focus...

This paper contributes to the commodity pricing literature by consistently modeling the convenience yield with its empirically observed properties. Specifically, in this paper, we show how a four-factor model for the stochastic behavior of commodity prices, with two long- and short-term factors...

In this paper we discuss the scope of the adaptation challenge facing world agriculture in the coming decades. Due to rising temperatures throughout the tropics, pressures for adaptation will be greatest in some of the poorest parts of the world where the adaptive capacity is least abundant. We...

Agricultural production is heavily dependent on weather outcomes, and hence climate change has the potential to significantly alter the sector's productivity. Both reduced form studies as well as integrated assessment models have found that the agricultural sector might experience significant...

Water plays a major role in the climate system and in mediating impacts of climate variability and change on all sectors of the economy. The incorporation of water resources modeling into integrated assessment models (IAMs) to study climate–hydrology processes, related water impacts and...

The theories of ecological modernization and urban environmental transition both recognize that urbanization can have positive and negative impacts on the natural environment with the net effect being hard to determine a priori. This study uses recently developed panel regression techniques that...

The 1992 Framework Convention on Climate Change created the basic international architecture for addressing climate change. That treaty was negotiated at a time when the research literature examining emissions mitigation and the role of energy technology was relatively limited. In the two...