We introduce a non-Gaussian dynamic mixture model for macroeconomic forecasting. The Locally Adaptive Signal Extraction and Regression (LASER) model is designed to capture relatively persistent AR processes (signal) contaminated by high frequency noise. The distribution of the innovations in...

This paper presents a performance evaluation of three-phase, three-switch, three-level, fixed-frequency pulse-width-modulated (PWM) rectifier, when an inductive connection is added between the DC-side capacitive mid-point and the AC-side source neutral. A new continuous-mode model that takes...

This paper presents a methodology for modeling and calculating PEM FCPP reliability. It includes the development of a state-space method to calculate the stand-alone PEM FCPP reliability using Markov Model (MM). The state-space method includes different states such as operation, derated, fully...

На основе анализа научных работ по формированию подходов к идентификации рисков инвестиционного проекта на атомных электростанциях было определено, что данная...

Energy companies can adjust the estimation of their reserves. We investigate how these revisions impact on the value of these firms. We analyze 100 revisions in seventeen countries for the period 2000-2010. We use an event study and find that the revisions of energy reserves significantly impact...

Corporate venture capital (CVC) is an important concept for large firms to manage innovation. CVC has been pioneered by major companies in the information technology, telecommunications and pharmaceutical industries. In 1999-2001, many large energy companies had launched CVC funds. In the most...

Within a non-cooperative transboundary pollution game, we investigate the impact of the adoption of a cleaner technology (i.e., a decrease in the emission to output ratio). We show that countries may respond by increasing their emissions resulting in an increase in the stock of pollution that...

This article analyzes a key issue regarding Climate Change: how to provide private enterprises with correct incentives in order to change their productive and innovative patterns and foster them to invest in research and development related with less greenhouse gasesintensive technologies. This...

The development and diffusion of clean technologies has an important role to play in preventing pollution. Government must address the issue of how firms can be given the necessary incentive to develop environmentally sound production techniques and products. This paper focus on how subsidies...

As part of its environmental programme The Finnish National Fund for Research and Development (Sitra) ordered a report from Etlatieto about the status of venture capital (VC) investment in environmental industries including a plan for development of its statistics. A similar report on Finland`s...