According to Lall (1997), the FDI are strongly interconnected with a series of variables, such as: economic conditions (markets, natural resources, competitiveness), host country policies (macro policies, private sector, trade and industry, FDI policies), as well as MNE strategy (risk...

Cross-country estimations of the Environmental Kuznets Curve (EKC) to empirically analyze the relationship between income and pollution have generally assumed a common structure for all countries. Since this latter feature is not supported by economic theory, this paper uses the Random...

This paper analyses recycling of waste and downgrading of secondary resources using a classical type of production model represented by a Sraffian model. Residuals emitted as waste by households and secondary resources obtained by recycling of waste are negatively or positively priced, depending...

Estimating the specific effects of a complete reform of the public transit system of a large city is a difficult task due to the confounding effects that will usually mask the impact of interest. In this study we estimate the impact of the complete reform of the public transport system in...

We study the effect of a household subsidy to induce the adoption of more efficient and less polluting wood combustion technologies. We compare, through numerical simulations, several subsidy designs with respect to the impact on aggregate emissions, costs, and cost-effectiveness indicators. Two...

This paper examines both the linear and nonlinear causal relationships between crude oil price changes and stock market returns for the United States. In particular, the study applied a battery of unit root tests to ascertain the time series properties of crude oil price changes and stock market...

This paper presents an empirical analysis of the interactions among energy consumption, real income and energy price in Saudi Arabia using annual data from 1982 to 2007. We analyzed the dynamic interaction by applying widely used time series analysis techniques such as unit root tests, Vector...

Die Organisation der Energiewende gehört momentan zu den dringlichsten öffentlichen Aufgaben. Wegen der Ausgaben für die Stabilisierung des Finanzsektors und durch Fiskalpakt beziehungsweise Schuldenbremse ist der Staat allerdings tendenziell finanzierungsbeschränkt. Damit wird die...

This paper analyzes gasoline consumption in Japan for the period 2000– 2007 using the index decomposition analysis (IDA). The changes in gasoline con- sumption in Japan were attributed to five factors: (1) change in the annual average driving distance of new and vintage cars, (2) change in the...

Crude oil has become a prominent indicator for economic activities worldwide, due to its outstanding importance in the supply of the world's energy demands. Many economists believe that there is a strong relationship between the growth rate of a country and oil-prices. As such we attempt to...