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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
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/10011753116
We critically evaluate the empirical basis for the so-called resource curse and find that, despite the topic’s popularity in economics and political science research, this apparent paradox is a red herring. The most commonly used measure of ‘resource abundance’ can be more usefully...
Persistent link: https://www.econbiz.de/10011753125
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
We critically evaluate the empirical basis for the so-called resource curse and find that, despite the topic’s popularity in economics and political science research, this apparent paradox is a red herring. The most commonly used measure of ‘resource abundance’ can be more usefully...
Persistent link: https://www.econbiz.de/10003459205
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/10014056055
In this paper, the economic value of the impacts of climate change is assessed for different Italian economic sectors and regions. Sectoral and regional impacts are then aggregated to provide a macroeconomic estimate of variations in GDP induced by climate change in the next decades. Autonomous...
Persistent link: https://www.econbiz.de/10010270923
We estimate time-varying income and price elasticities for energy demand for a 26- country, middle-income (primarily non-OECD) balanced panel that spans 1996-2014. To do so, we employ a recently developed nonparametric local linear dummy estimation method that estimates the trend and coefficient...
Persistent link: https://www.econbiz.de/10012848796