Showing 1 - 10 of 334
We use cooperative game theory to analyze the impact of three controversial pipeline projects on the power structure in the Eurasian trade of natural gas. Two of them, Nord Stream and South Stream, allow Russian gas to bypass transit countries, Ukraine and Belarus. Nord Stream's strategic value...
Persistent link: https://www.econbiz.de/10010500225
It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...
Persistent link: https://www.econbiz.de/10014207351
Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export. However, windfall revenues have also been affecting the Government’s responsiveness and accountability towards the people and they have brought it into collusive relationship...
Persistent link: https://www.econbiz.de/10011816771
The Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the overall trend of China’s...
Persistent link: https://www.econbiz.de/10011957010
questions by using a Computable General Equilibrium (CGE) model for Ghana, implemented in the General Algebraic Modeling System …
Persistent link: https://www.econbiz.de/10010343383
of the simulations for Ghana and Tanzania is described and the quality of the simulation results is assessed. …
Persistent link: https://www.econbiz.de/10011784661
prepared for Ghana and Tanzania. For Ghana, the statistical match combines the Living Standards Survey Round 6 (GLSS6) with the … Ghana Time Use Survey (GTUS) 2009, and for Tanzania it combines the Household Budget Survey (THBS) 2012 with the time …
Persistent link: https://www.econbiz.de/10011784663
Using estimates of earnings functions in Ghana, this paper examines patterns of labor market segmentation with regard …
Persistent link: https://www.econbiz.de/10010287864
for the U.K. Thereby, we explicitly disentangle credit supply and demand and allow the interest rate charged on loans to … shifts in demand. Overall, our results are consistent with the idea that banks provide insurance against liquidity shocks. …
Persistent link: https://www.econbiz.de/10010294876
Earlier studies estimating the demand for local public services by means of the median voter model have typically … assumed exogenous regressors and static set-ups. Furthermore, the commonly used log-linear specification of the demand … rationalised by a Cobb-Douglas utility function. This implies that the log-linear specification of the demand function is valid as …
Persistent link: https://www.econbiz.de/10010321816