Showing 1 - 10 of 41
identifies that the green investment in U.S. energy industry is useful for improving its unified (operational and environmental … corporate value (i.e., Tobin's q ratio, mainly measured by stock price), the energy industry does not exhibit the best … investment opportunity because the effect of green investment is limited on enhancing its corporate value. The energy industry is …
Persistent link: https://www.econbiz.de/10010939445
Do events in the natural gas market cause repercussions in the crude oil market? This paper studies linkages between the two markets using high-frequency, intraday oil and gas futures prices. By analyzing the effect of weekly oil and gas inventory announcements on price volatility, we show a...
Persistent link: https://www.econbiz.de/10010752933
Though there is a very large literature examining whether energy use Granger causes economic output or vice versa, it … to test whether increases in energy use and energy quality have driven economic growth or vice versa. We show that these … the introduction of structural breaks. The relationship between energy and growth may also have changed over time – energy …
Persistent link: https://www.econbiz.de/10010868695
Time series of electricity, petroleum products, and renewables are found to be highly correlated with total energy … consumption. Applying this insight to the huge literature on energy-GDP causality explains that the results of total energy …-GDP causality tests frequently coincide with the results of energy type-GDP tests. Using the test by Toda–Yamamoto in combination …
Persistent link: https://www.econbiz.de/10010868712
This paper presents evidence that household energy use in Uganda conforms to the energy ladder theory. As household … infrastructure have varying impacts on rural and urban households' energy mix, these variables generally reduce rudimentary fuel use … improve Ugandan households' energy security. …
Persistent link: https://www.econbiz.de/10010868714
This study investigates the relationship between energy use and economic growth by incorporating financial development …
Persistent link: https://www.econbiz.de/10010868735
, to improve the population's quality of life and to promote the development of more efficient and equitable economic …
Persistent link: https://www.econbiz.de/10010868749
paper theorizes that managers are motivated in mergers and acquisitions to purchase energy reserves and to time the … commodity market in the oil and gas industry. We find supportive evidence that shows that energy reserves and prices cause and …
Persistent link: https://www.econbiz.de/10010635965
This article uses the theories of market efficiency and supply of storage to develop a conceptual link between the corn and ethanol markets and explores statistical evidence for the link. We propose that a long-run no-profit condition is established in distant futures markets for ethanol, corn...
Persistent link: https://www.econbiz.de/10010588007
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