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We estimate the impact of fiscal decentralization on different indicators of pollution for more than 80 countries from … 1970 to 2000. Our cross country estimates show that fiscal decentralization increases pollution. However, higher quality of … institutions can limit the destructive environmental effects of decentralization. The empirical results confirm a strand of the …
Persistent link: https://www.econbiz.de/10009534026
The aim of this paper is to analyze the relationship between different types of uncertainty and stock returns of the renewable energy and the oil & gas sectors. We use the quantile regression approach developed by Koenker and d’Orey (1987; 1994) to assess which uncertainties are the potential...
Persistent link: https://www.econbiz.de/10013233971
This articles examines what role natural factors play in explaining cross-country differences in carbon dioxide emissions. Natural factors mean here differences in the climatic conditions, the transportation requirements as well as in the availability of renewable and fossil fuel resources....
Persistent link: https://www.econbiz.de/10014134236
The aim of this paper is to analyze the relationship between different types of uncertainty and stock returns of the renewable energy and the oil & gas sectors. We use the quantile regression approach developed by Koenker and d'Orey (1987; 1994) to assess which uncertainties are the potential...
Persistent link: https://www.econbiz.de/10012510024
Persistent link: https://www.econbiz.de/10011439371
Persistent link: https://www.econbiz.de/10010503050
Persistent link: https://www.econbiz.de/10001417867
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Persistent link: https://www.econbiz.de/10014472021
Since Sachs and Warner's (1995a) contribution, there has been a lively debate on the so-called natural resource curse. This paper re-examines the effects of natural resource abundance on economic growth using new measures of resource endowment and considering the role of institutional quality....
Persistent link: https://www.econbiz.de/10003348294