The relationship between growth and pollution is studied through a vintage capital model, where new technologies are more environmentally friendly. We find that once the optimal scrapping age of technologies is reached, an economy may achieve two possible cases of sustainable development, one in...

This paper presents evidence that household energy use in Uganda conforms to the energy ladder theory. As household income increases, solid and transitional fuel use evolves in an inverse U manner, while electricity consumption shows a direct relationship with income. Public infrastructure...

The process of urbanization has been shown to be important for economic development, environmental impacts and human wellbeing, particularly in developing countries. In this paper we compare structure, data sources and scenario results of four integrated assessment models that are capable of...

Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they relate to green growth, there remains an empirical research gap with respect to whether EE can engender positive synergy with FDI to foster inclusive green growth (IGG) in...

Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they relate to green growth, there remains an empirical research gap with respect to whether EE can engender positive synergy with FDI to foster inclusive green growth (IGG) in...

In this work the economic feasibility of biodiesel production in Brazil by using the Macauba oil as raw matter is studied. The software SIMB-E, in which a cash flow model applied to biodiesel production is implemented, was used during simulations. Economic indexes related to biodiesel production...

We use the MESSAGE model to examine multiple dimensions of sustainable development for three Asian regions in a set of scenarios developed for the Asian Modelling Exercise. Using climate change mitigation as a starting point for the analysis, we focus on the interaction of climate and energy...

This paper applies a computable general equilibrium model to investigate the impacts of a carbon tax on China's economy and carbon emissions based on China's 2010 Input–Output Table. To obtain robust simulation results, we further disaggregate the energy sectors into eight departments...

Transmission of price shocks from one market to another one has long been investigated in the economic literature. However, studies have namely dealt with the relationship between financial and energy markets. With the recent changes in market conditions, investors, policy-makers and interest...

The aim of this paper is to show the benefit of applying a moment matching technique to the short leg component in order to price and hedge multi-asset spread options: in particular, we approximate the real dynamics of the short leg component by taking a log-normal proxy, whose equivalent...