Showing 1 - 10 of 39
There is substantial empirical evidence that energy and financial markets are closely connected. As one of the most … widely-used energy resources worldwide, natural gas has a large daily trading volume. In order to hedge the risk of natural …, biological or financial asset. Investigating volatility spillovers within and across energy and financial markets is a crucial …
Persistent link: https://www.econbiz.de/10011526124
We measure the impact of low cost transport by rail in Malawi on the dispersion of agricultural commodities prices across markets, by exploiting the quasi experimental design of the nearly total collapse of domestic trade by rail in January 2003, due to the destruction of a railway bridge at...
Persistent link: https://www.econbiz.de/10011288402
Energy and agricultural commodities and markets have been examined extensively, albeit separately, for a number of … years. In the energy literature, the returns, volatility and volatility spillovers (namely, the delayed effect of a returns … shock in one asset on the subsequent volatility or covolatility in another asset), among alternative energy commodities …
Persistent link: https://www.econbiz.de/10011403535
Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...
Persistent link: https://www.econbiz.de/10010324619
Russian agriculture in transition (1991-1998) was characterised by a production collapse due to aloss in quality and quantity of acreage, disinvestments, falling purchasingpower, and increasedimports. Neither traditional agriculture nor the nascent family farm sector havebeen able to ensure...
Persistent link: https://www.econbiz.de/10010324626
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10010325168
This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … catch up with technological leaders, in particular in terms of energy productivity. Moreover, the results show that …, and that cross-country differences of energy-productivity levels are substantially larger than of labour …
Persistent link: https://www.econbiz.de/10010325188
This paper addresses the interplay between economic growth, energy use, change in sectoral composition and … technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over … considerably to macroeconomic energy-productivity growth while in other countries they partly offset energy-efficiency improvements …
Persistent link: https://www.econbiz.de/10010325213
This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by … exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970 … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly …
Persistent link: https://www.econbiz.de/10010325244
extracting both currency components and energy- and commodity-price components from observed exchange rates and prices. We first …
Persistent link: https://www.econbiz.de/10010325816