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Testing co-volatility spillovers for natural gas spot, futures and ETF spot using dynamic conditional covariances
Chang, Chia-Lin; McAleer, Michael; Wang, Yanghuiting - 2016 - Revised: June, 2016
There is substantial empirical evidence that energy and financial markets are closely connected. As one of the most … widely-used energy resources worldwide, natural gas has a large daily trading volume. In order to hedge the risk of natural …, biological or financial asset. Investigating volatility spillovers within and across energy and financial markets is a crucial …
Persistent link: https://www.econbiz.de/10011490999
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Resource-Abundance and Economic Growth in the U.S.
Papyrakis, Elissaios; Gerlagh, Reyer - 2004
It is a common assumption that regions within the same country converge to approximately the same steady-state income levels. The so-called absolute convergence hypothesis focuses on initial income levels to account for the variability in income growth among regions. Empirical data seem to...
Persistent link: https://www.econbiz.de/10011324936
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Global and Regional Impacts of the Clean Development Mechanism
Wang, Shunli; de Groot, Henri L.F.; Nijkamp, Peter; … - 2009
Climate change is a serious concern worldwide. Policy research on climate change in the past decades has largely focused on applied modelling exercises. However, the implications of specific policy strategies such as the clean development mechanism (CDM) for global and regional economic and...
Persistent link: https://www.econbiz.de/10010326040
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Freedom, growth, and the environment
Barrett, Scott A.; Graddy, Kathryn - 1998
A number of recent papers have found that certain measures of pollution worsen and later improve as income per head increases. It is widely believed that the downhill portion of this inverted-U curve reflects an induced policy response; that, as incomes rise, citizens demand improvements in...
Persistent link: https://www.econbiz.de/10011608462
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Pulls, pushes and entitlement failures in labor markets : does the state of development matter?
Bhaumik, Sumon Kumar (contributor);  … - 2006
This study adapts a relatively novel model of off-farm labor supply to the changing conditions of Bulgaria during the 1990s. The model's parameters are estimated separately for each of the three different waves of the Bulgarian Integrated Household Survey, each reflecting remarkably different...
Persistent link: https://www.econbiz.de/10003355652
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Local communities in front of big external investors : an opportunity or a risk?
Antoci, Angelo; Russu, Paolo; Ticci, Elisa - 2010
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10008746858
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Do natural resource sectors rely less on external finance than manufacturing sectors?
Hattendorff, Christian - 2012
The finding that industrial sectors differ in their dependence on external finance for sector-specific technological reasons and, thus, rely to a different degree on financial development has become a major concept in studies conducted on both growth and trade. Although natural resources might...
Persistent link: https://www.econbiz.de/10009578223
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Scenario driven requirement engineering for design and deployment of mobile communication networks
Markendahl, Jan; Mölleryd, Bengt G.; Beckman, Claes; … - 2011
magnificent challenge to design and deploy these s high-capacity wireless networks taking into account limitations in cost, energy …
Persistent link: https://www.econbiz.de/10009375049
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Analysis of business opportunities of secondary use of spectrum : the case of TV white space for mobile broadband access
Markendahl, Jan; Mäkitalo, Östen - 2011
The introduction of mobile broadband technology, smartphones and dongles has resulted in a tremendous increase of mobile data traffic. Future demand for more capacity can be met by allocation of more bandwidth and new spectrum bands to mobile communication. But spectrum is a scarce resource and...
Persistent link: https://www.econbiz.de/10009375051
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Relying on storage or ICT? : how to maintain low voltage grids' stability with an increasing feed-in of fluctuating renewable energy sources
Römer, Benedikt; Reichhart, Philipp; Kranz, Johann Joachim - 2011
Since the beginning of the new century our electricity system is changing rapidly. Distributed energy resources, such …
Persistent link: https://www.econbiz.de/10009375664