Showing 1 - 10 of 43
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
Recently biodiesel has been receiving increasing attention as an alternative fuel due to its environmental benefits. It is derived from renewable sources which are considered as strategic opportunities to favor environmental sustainability, to improve the population's quality of life and to...
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