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A Trend Deduction Model of Fluctuating Oil Prices
Xu, Haiyan - 2011
Crude oil prices have been fluctuating over time and by a large range. It is the disorganization of oil price series that makes it difficult to deduce the changing trends of oil prices in the middle- and long-terms and predict their price levels in the short-term. Following a price-state...
Persistent link: https://www.econbiz.de/10013128456
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Local Communities in Front of Big External Investors : An Opportunity or a Risk?
Antoci, Angelo - 2010
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10013135978
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North/South Contractual Design Through the REDD+ Scheme
Chiroleu-Assouline, Mireille - 2012
In this paper we aim at theoretically grounding the Reducing Emissions from Deforestation and Forest Degradation (REDD ) scheme as a contractual relationship between countries in the light of the theory of incentives. Considering incomplete information about reference levels of deforestation as...
Persistent link: https://www.econbiz.de/10013096216
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The Market Value of Variable Renewables
Hirth, Lion - 2012
high availability of the primary energy source, they supply electricity at zero marginal costs, shift the supply curve …
Persistent link: https://www.econbiz.de/10013108396
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Cost-Reducing R&D in the Presence of an Appropriation Alternative : An Application to the Natural Resource Curse
Puzon, Klarizze - 2013
This study proposes a new mechanism for the resource curse: crowding-out of innovation due to the existence of an option to engage in conflict. Using a game theoretical framework, it is argued that an increase in the amount of natural resources (in the informal sector here conflict for a...
Persistent link: https://www.econbiz.de/10013083301
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Corruption and the Curse : The Dictator's Choice
Sarr, Mare - 2013
We develop a dynamic discrete choice model of a self-interested and unchecked ruler making decisions regarding the exploitation of a resource-rich country. This dictator makes the recursive choice between either investing domestically to live off the productivity of the country while facing the...
Persistent link: https://www.econbiz.de/10013086999
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An Evaluation of Overseas Oil Investment Projects Under Uncertainty Using a Real Options Based Simulation Model
Zhu, Lei - 2013
This paper applies real options theory to establish an overseas oil investment evaluation model that is based on Monte Carlo simulation and is solved by the Least Squares Monte-Carlo method. To better reflect the reality of overseas oil investment, our model has incorporated not only the...
Persistent link: https://www.econbiz.de/10013091780
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Technological Change, Fuel Efficiency and Carbon Intensity in Electricity Generation : A Cross-Country Empirical Study
Verdolini, Elena - 2014
This paper provides an empirical analysis of the determinants of energy efficiency in fossil fuel electricity … development and the availability of energy efficient technologies in the market. This contribution is novel in three respects …: first, empirically assess the effects of different determinants of energy efficiency, which include the input mix in …
Persistent link: https://www.econbiz.de/10013066792
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Environmental Innovations, Local Networks and Internationalization
Cainelli, Giulio - 2014
This paper investigates the drivers of the environmental innovations (EI) introduced by firms in local production systems (LPS). The role of firm network relationships, agglomeration economies and internationalization strategies is analysed for a sample of 555 firms in the Emilia-Romagna region,...
Persistent link: https://www.econbiz.de/10013068460
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The Social Contract in the MENA Region and the Energy Sector Reforms
Brzuszkiewicz, Sara - 2017
contract for decades, especially as far as the energy sector is concerned. Nowadays, the need for reforms is compelling for … growth in most of the MENA countries is concerned. In this paper both the resource-abundant countries and the energy … Egypt, which imports energy …
Persistent link: https://www.econbiz.de/10012963937