Showing 1 - 10 of 8,076
This paper aims to analyze the main indicators used to express the efficiency of renewable energy investments at macroeconomic level. Based on three econometric models, we present the calculation method of these indicators, along with interpretation. In the study are included countries with very...
Persistent link: https://www.econbiz.de/10010603994
short and long-run as a guide for demand-side management based on two econometric approaches-ARDL and PAM. Also predictions … establishes the superiority of the ARDL approach to forecasting over the Partial adjustment approach to forecasting. For all three …
Persistent link: https://www.econbiz.de/10011056079
Crude oil is a major driver of the global economy and its price dynamics are a key indicator for producers, consumers and investors. The increasing volatility of crude oil prices in the last decade has encouraged many researchers to model its dynamics. Recent studies have tried to explain this...
Persistent link: https://www.econbiz.de/10011115925
This paper investigates causal links between economic growth, oil consumption and natural gas usage in Poland on the basis of quarterly data for the period Q1 2000 – Q4 2009. The application of the Toda–Yamamoto procedure, a nonlinear Granger causality test, bootstrap techniques and an...
Persistent link: https://www.econbiz.de/10011259721
We reinvestigate the "rockets and feathers" effect between retail gasoline and crude oil prices in a new framework of fractional integration, long-term memory and borderline (non)stationarity. The most frequently used error-correction model is examined in detail and we find that the prices...
Persistent link: https://www.econbiz.de/10011147549
panel unit root and cointegration testing and specifies an appropriate vector error correction model to analyse the nexus …
Persistent link: https://www.econbiz.de/10010616840
annual data from 1970 to 2009. We applied cointegration, Granger causality and impulse response functions to capture the …
Persistent link: https://www.econbiz.de/10010674828
One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...
Persistent link: https://www.econbiz.de/10011258382
The built environment has been identified as one of the cost effective platforms for reducing energy demand and greenhouse gas emissions. With policies and the know-how in existence, the real estate sector has already adopted measures such as building codes and energy efficiency labels to drive...
Persistent link: https://www.econbiz.de/10010905576
In this paper we develop a multi-factor model for the joint dynamics of related commodity spot prices in continuous time. We contribute to the existing literature by simultaneously considering various commodity markets in a single, consistent model. In an application we show the economic...
Persistent link: https://www.econbiz.de/10005626834