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development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density … countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy … environmental and innovation policies. The big size of the needed investments in a context of limited financial resources asks for a …
Persistent link: https://www.econbiz.de/10010223439
This study is aimed to examine the causal relationship between economic growth, energy consumption and emissions in … between output, capital, energy use, labor and emissions. It also finds that there is causality running from output to capital …, energy use and emissions, but not vice versa. Therefore, this study suggests emissions cut cannot be simply taken without …
Persistent link: https://www.econbiz.de/10011259502
This study shows that the cross-section “curse” result found with oil abundance indicators for producing countries disappears in a panel estimation considering the most important growth factors. This happens even excluding institutional quality, which is hindered by oil and ores abundance in...
Persistent link: https://www.econbiz.de/10008458568
Given a panel of oil producing countries, we show that a higher oil concentration is associated with an increase in economic growth through capital efficiency in: (i) countries with medium and low income per head from East Asia & Pacific and Latin America & the Caribbean, classified as followers...
Persistent link: https://www.econbiz.de/10008495872
We examine the long-run relation and short-run dynamics between energy consumption and output in a panel of 14 oil … results based on the mean group estimator with common correlated effects suggest (a) a stable relation between energy … results to the inclusion of additional variables. As such, environmental policies designed to curtail energy may have …
Persistent link: https://www.econbiz.de/10011039608
We propose a unified explanation for two seemingly disparate empirical findings: the negative abnormal returns of distressed stocks, and of small growth stocks. Based on a counterintuitive result relating option prices to jump risk (Merton 76), we show via an investment valuation model that...
Persistent link: https://www.econbiz.de/10013007036
We propose a unified explanation for two seemingly disparate empirical findings: the negative abnormal returns of distressed stocks, and of small growth stocks. Based on a counterintuitive result relating option prices to jump risk (Merton (1976)), we show via an investment valuation model that...
Persistent link: https://www.econbiz.de/10013007449
Persistent link: https://www.econbiz.de/10012693101
The aim of this article is to analyze the economic and financial performance of Slovenian enterprises, as a European … the growth of enterprises: seven of them are financial indicators-assets, revenues from sales, equity, net profits … number of employees. A distinction is made between enterprises that did and that did not receive subsidies from national and …
Persistent link: https://www.econbiz.de/10012794365
Persistent link: https://www.econbiz.de/10011803392