Estimating economic earnings mobility is imperative for understanding the degree to which low pay employment is a temporary or long-term position. The current literature estimates transition probabilities between low and higher pay. This study extends the focus to identify the underlying...

This paper seeks to investigate and remedy the apparent inability of Markov regime switching models to predict future states in the medium to long term. We show that projected time varying transition probability series in the model may be biased towards predicting regime switches with high...

This paper researches small-sample properties of the Markov-switching model with time-varying transition probabilities. By means of simulation, it is shown that the likelihood ratio statistic is over-sized for sample sizes relevant in many empirical applications. The number of regime switches...

We quantify the theoretical potential for energy-efficiency CDM projects using best available technology in coal, natural gas or oil fuelled power generation in China, India, Brazil, Indonesia and South Africa, looking at new power plants or retrofit measures. We then discuss the likelihood of...

The Mindanao electric power problem, which led to a crisis situation in summer 2012, is primarily due to inadequate baseload capacity and unbalanced generation capacity mix. The crisis might stage a comeback when the days of relatively cooler weather and heavier rainfall are over and the annual...

China’s rampant environmental pollution problems and rising greenhouse gas emissions and the resulting climate change are undermining its long-term economic growth. China, from its own perspective cannot afford to and, from an international perspective, is not meant to continue on the...

Purpose: The purpose of this paper is to review the reserves and production of natural gas in Africa and evaluate how it can help solve the power challenges of the continent. Design/Methodology: This paper develops from a descriptive analysis and literature on natural gas and power. Findings:...

Electricity plays an important role in the socioeconomic growth and social prosperity of any country. It is to be considered as the basic need for human development. Nowadays, low production of electricity is a serious problem in Pakistan, which directly restricts the development of the state....

Analysis of water use for power generation has, in the past, focused on large geographical regions and time scales. Attempting to refine this analysis on the time and spatial scales could help to further understand the complex relationships involved in the energy-water nexus, specifically, the...

China, from its own perspective cannot afford to, and from an international perspective, is not allowed to continue on the conventional path of encouraging economic growth at the expense of the environment. The country needs to transform its economy to effectively address concern about a range...