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Who's Going Green and Why? Trends and Determinants of Green Investment

Eyraud, Luc; Zhang, Changchang; Wane, Abdoul Aziz; … - International Monetary Fund (IMF) - 2011

This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green … countries. We use a new multi-country historical dataset and find that green investment has become a key driver of the energy … "green" energy, have a positive and significant impact on green investment. Other interventions, such as biofuel support, do …

Persistent link: https://www.econbiz.de/10009401202

Iran; The Chronicles of the Subsidy Reform

Guillaume, Dominique M.; Zytek, Roman; Farzin, Mohammad Reza - International Monetary Fund (IMF) - 2011

On December 18, 2010, Iran increased domestic energy and agricultural prices by up to 20 times, making it the first … major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical …

Persistent link: https://www.econbiz.de/10009203528

International Fuel Tax Assessment; An Application to Chile

Parry, Ian W.H.; Strand, Jon - International Monetary Fund (IMF) - 2011

Gasoline and diesel fuel are heavily taxed in many developed and some emerging and developing countries. Outside of the United States and Europe, however, there has been little attempt to quantify the external costs of vehicle use, so policymakers lack guidance on whether prevailing tax rates...

Persistent link: https://www.econbiz.de/10009203535

Recent Dynamics of Crude Oil Prices

Krichene, Noureddine - International Monetary Fund (IMF) - 2006

Crude oil prices have been on a run-up spree in recent years. Their dynamics were characterized by high volatility, high intensity jumps, and strong upward drift, indicating that oil markets were constantly out-of-equilibrium. An explanation of the oil price process in terms of the underlying...

Persistent link: https://www.econbiz.de/10005826574

Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries

Saavalainen, Tapio; Berge, Joy Mylène ten - International Monetary Fund (IMF) - 2006

energy sector's financial imbalances. In conclusion, different policy options are discussed in light of the lessons learned. …

Persistent link: https://www.econbiz.de/10005768963

Commodity Prices and Inflation in the Middle East, North Africa, and Central Asia

International Monetary Fund (IMF); International … - 2010

Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia during the period 1996-2009, falling until about 2000 and then rising. International fuel prices do not help explain this pattern. This conclusion is robust even when different...

Persistent link: https://www.econbiz.de/10008542985

Implications of Quasi-Fiscal Activities in Ghana

Chivakul, Mali; York, Robert C. - International Monetary Fund (IMF) - 2006

in energy and water consumption; and they have distorted the investment decisions of both public enterprises and the …

Persistent link: https://www.econbiz.de/10005605306

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasison Germany

Strand, Jon - International Monetary Fund (IMF) - 2007

This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced … reductions in net carbon emissions; technological innovation, and increased energy security. The latter part of the paper centers … justified, relative to other means to increase energy security and reduce carbon emissions. We also find an excessive emphasis …

Persistent link: https://www.econbiz.de/10005605334

Emergence of the Gulf of Guinea in the Global Economy; Prospects and Challenges

Mañe, Damian Ondo - International Monetary Fund (IMF) - 2005

The Gulf of Guinea's tremendous potential is creating investment opportunities for the region. Some of its resources, such as oil, minerals, and forests, continue to attract significant investments whereas others, like natural gas, could be exploited to their full potential if necessary...

Persistent link: https://www.econbiz.de/10005605427

Resource Windfalls, Macroeconomic Stability and Growth; The Role of Political Institutions

Kazimov, Kazim; Hamilton, Kirk; Arezki, Rabah - International Monetary Fund (IMF) - 2011

We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...

Persistent link: https://www.econbiz.de/10009151227