The automotive sector is the largest industrial R&D investor in the EU. The present note assesses which parts of the sector's research efforts are dedicated towards the development of low-carbon vehicle technologies. The results indicate that relevant companies invest significant amounts in the...

We study the value of European security derivatives in the Black-Scholes model when the underlying asset ξ is approximated by random walks ξ⁽ⁿ⁾. We obtain an explicit error formula, up to a term of order O(n^{-(3/2)}), which is valid for general approximating schemes and general payoff...

This study aims to analyse the current road traffic data collection methods - both fixed and mobile - in terms of capabilities and limitations. The development of Intelligent Transportation Systems (ITS) highly depends on the quality and quantity of road traffic data. Usually, traffic...

This paper examines the random walk hypothesis (RWH) and the martingale difference hypothesis (MDH) for the Australian dollar and five Asian emerging currencies relative to three benchmark currencies. We use Wright's (2000) non-parametric procedure to test the RWH and Kuan and Lee's (2004)...

The European Commission is considering the implications of allowing the use of LHVs, vehicles measuring up to 25.25 m and weighing up to 60 tons, for the whole of the European Union transport system. The introduction of such trucks on the European road network will generate environmental...

The automotive sector is the largest industrial R&D investor in the EU. The present note assesses which parts of the sector's research efforts are dedicated towards the development of low-carbon vehicle technologies. The results indicate that relevant companies invest significant amounts in the...

The present report estimates the current R&D investments in selected low-carbon energy technologies in the EU-27 funded by the Member States, through the 6th EU Research and Euratom Framework Programmes and by companies with headquarters registered in the EU. The technologies considered are...

Within the frame of the Logistics Action Plan, the European Commission is analysing the impacts of a potential introduction across the EU of Longer and Heavier Vehicles (LHVs), i.e. vehicles measuring up to 25.25 m and weighting up to 60 tons. Such vehicles are expected to improve the efficiency...