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Stochastic frontier analysis is used to determine the relative efficiency of firms in the food industry in industrialized countries. Using panel data analysis, the firm-specific factors, firm size, the corporate tax rate and number of years of operation and country-specific effects as potential...
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The US Environmental Protection Agency announced a waiver allowing an increase in the Fuel-Ethanol blend limit (the “blend wall” ) from 10% (E10) to 15% (E15) on October,2010.Justifications for the waiver are reduced vehicle fuel prices and less consumption of petroleum gasoline, leading to...
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Since the beginning of this century, China’s annual GDP growth is over 9%. This growth is fueled by large increases in energy consumption, led by a coal-dominated energy structure, and associated with higher sulfur dioxide emissions and industry dust. In 2008, China accounted for over 17% of...
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