This paper replicates the analysis in the paper “What Drives Natural Gas Prices?" by Stephen P.A. Brown and Mine K. Yücel. The replication confirms the results of that analysis: a long-run relationship existed between natural-gas prices and crude-oil prices during the period from June 1997 to...

Der Handel mit Vorleistungen hat in den vergangenen Jahrzehnten stark an Bedeutung gewonnen. In Deutschland verbraucht vor allem der Industriesektor einen hohen Anteil der Vorleistungsimporte, wobei Rohstoffimporten eine besondere Bedeutung zukommt. Der Anteil von Rohstofflieferungen aus...

In the absence of a global agreement to reduce emissions, Australia adopted a carbon tax unilaterally to curb its own emissions. During the debate prior to passing the carbon tax legislation in 2011, there were concerns about the challenge that Australia’s emissions-intensive and trade-exposed...

In this article, we analyzed economic surroundings as a precondition for the development of the tax environment in the context of alterglobal development. We admitted that economic globalization is harmful to the environment because it depends on its own viability: the constant increase in...

Purpose Over the past decades, the global solar photovoltaic (PV) market has experienced an unprecedented development associated with a substantial decline in solar PV module prices. A body of literature has attempted to identify and evaluate the different sources of price variation. However,...

Damit die EU ihre ambitionierten Klimaschutzziele erreichen kann, werden die Preise für Treibhausgasemissionen in den nächsten Jahren spürbar steigen. Das hat ökonomische Auswirkungen für die EU-Mitgliedsländer, aber auch den Rest der Welt. Einzelne Sektoren und auch Volkswirtschaften...

The study investigates the impact of trade openness on pollution in China by applying wavelet-coherence analysis, phase-difference technique and Breitung and Candelon (2006) causality test. The estimated results provide some dynamic association between trade openness and pollutant variables. The...

This study investigates the impact of trade and transport services on the environment in Africa. Secondary data for 21 countries spanning 2000 and 2014 were used and analysed using POLS, FE, RE and PMG. These techniques revealed diverse results. The Hausman test was used to decide between FE and...

Die Europäische Union (EU) hat das Ziel, bis zum Jahr 2050 klimaneutral zu werden. Um dies zu erreichen, hat die EU-Kommission mit dem Fit-for-55-Paket verschiedene Maßnahmen vorgelegt, die die Treibhausgasemissionen bis 2030 im Vergleich zu 1990 um 55 Prozent senken sollen.info Zentraler...

The extant literature has produced mixed evidence on the relationship between financial development and ecological sustainability. This work addresses this conundrum by investigating financial development's direct and indirect consequences on ecological quality utilizing the environmental...