This study examines how environmental stringency affects the location decision of foreign direct investments. We analyze a firm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and applying the mixed-logit analysis. The results show that...

This study examines how environmental stringency affects the location decision of foreign direct investments. We analyze a firm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and applying the mixed-logit analysis. The results show that...

This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...

This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption on carbon emissions in a sample of Next-Eleven (N-11) countries. It uses modern econometric techniques to highlight a long-run interplay between selected variables in the carbon...

In this paper, we analyze the technical efficiency of CO2 reduction potentials of German power and heat plants, using a non-parametric sequential Data Envelopment Analysis. We apply a metafrontier framework to evaluate plant-level efficiencies in the transformation of inputs into desirable...

We propose an estimation strategy that accounts for two major problems raised in the empirical literature testing for the prevalence of the inverted U-shaped relation between environmental degradation and economic activity, namely the Environmental Kuznets Curve (EKC) hypothesis. First, we use...

Lately, a controversial debate has evolved regarding consumption-based accounting (CBA) versus production-based accounting (PBA) of CO2 emissions. So far, the debate has been predominately theoretical and has inspired only a few empirical studies. In this article, we compare production-based...

The aim of this empirical research study is to investigate the effect of different driving forces of the CO2 emission for a set of leading ASEAN countries. The sample for this purpose included leading ASEAN countries: Indonesia, Thailand, Malaysia, Singapore, the Philippines and Myanmar, due to...

We propose an approach to estimate and explain the risk premium in carbon and energy futures markets. First, we develop a parsimonious and robust state space model that allows for a time-varying risk premium and apply it to CO2, oil, and gas futures prices. We find that the risk premia are...

The owners of 8 power plants in the UK have announced interest in capturing and sequestering CO2. Using various criteria from the literature twenty fields in the UK Continental Shelf were selected as possible sinks for the captured CO2. Using a linear programming model, the study determined the...