Showing 1 - 10 of 290
Persistent link: https://www.econbiz.de/10012671544
Along with the oil price, concerns about the security of energy supply have soared once again in recent years. Yet, more than 30 years after the OPEC oil embargo in 1973, energy security still remains a diffuse concept. This paper conceives a statistical indicator that aims at characterizing the...
Persistent link: https://www.econbiz.de/10010264723
Along with the oil price, concerns about the security of energy supply have soared once again in recent years. Yet, more than 30 years after the OPEC oil embargo in 1973, energy security still remains a diffuse concept. This paper conceives a statistical indicator that aims at characterizing the...
Persistent link: https://www.econbiz.de/10003729090
The voluntary adoption of environmental management systems (EMS), frequently certified by third-party audits following international standards, has become a vital supplement to mandatory environmental policies based on regulation and legislation. Although there is empirical evidence that both...
Persistent link: https://www.econbiz.de/10013028044
This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...
Persistent link: https://www.econbiz.de/10014088505
Persistent link: https://www.econbiz.de/10003054963
Persistent link: https://www.econbiz.de/10001944786
Persistent link: https://www.econbiz.de/10008839858
In contrast to conventional model selection criteria, the Focused Information Criterion (FIC) allows for purpose-specific choice of models. This accommodates the idea that one kind of model might be highly appropriate for inferences on a particular parameter, but not for another. Ever since its...
Persistent link: https://www.econbiz.de/10009579634
As of late 2008, the steady decline of U.S. crude oil production over the last decades was reversed by the increased adoption of the hydraulic fracturing ("fracking") technology. Adapting the supply-side model proposed by Kaufmann et al. (2004) to assess OPEC’s ability to influence real oil...
Persistent link: https://www.econbiz.de/10011988603