We examine how multinational firms with heterogeneous total factor productivity (TFP) self-select into different host countries. Both aggregate- and firm-level estimates suggest that more productive French firms are more likely than their less efficient competitors to invest in relatively tough...

Supporting thermoelectric power generation requires a significant quantity of water, primarilyfor cooling operations. Lack of available water due to physical scarcity or thermal permit limitsassociated with the Clean Water Act 316 (a) can result in a forced curtailment of plant operation,known...

AbstractThere currently exists a demand in the United States for information about the environmental impactsof consumer products, but there is no consistent system for providing this information. This project proposes guidelines for the creation of a Type III environmental declaration program...

Market facilitation organizations (MFOs) are a new concept developed asprivate public partnerships for promoting renewable energy markets. Thesepublic-private entities support the growth of particular markets through a variety ofmeans, such as partner matching, information dissemination, and...

In this paper, we employ a unique dataset of actual US dollar (USD) forward positions against a number of currencies taken by so-called Commodity Trading Advisors (CTAs). We investigate to what extent these positions exhibit a pattern of USD carry trading or other patterns of currency trading...

In this paper, we analyse the relationship between the currency carry return and volatility and liquidity risk factors. We find that both categories of risk factors are relevant to understanding and explaining carry return, with an outperformance for volatility ones especially the global FX...

The performance and composition of the U.S. brewing industry has changed dramatically over the past three decades. The industry displays contradictory shifts in both aggregate production volume and number of firms. While aggregate beer production in the US has increased modestly, per capita...

Purpose: This study aims to examine the factors influencing enterprise risk management and propose a framework for identifying and explaining the components of enterprise risk management. To enable broader analytical thinking about risk factors, the framework utilizes the resource-based theory...

Many nations have undergone significant trade liberalization even as they have increased their use of contingent protection measures. This raises the question of whether some of the trade liberalization efforts, at times accomplished through painful reforms, have been undone through a...