Showing 1 - 10 of 212
The paper explores the relation between emitted CO2 in the atmosphere, asset expenditure, produced energy from renewables and energy consumption. ARDL model was developed on the basis of data for Bulgaria (2000 - 2018). As a whole the increase in asset expenditures leads to increase in emitted...
Persistent link: https://www.econbiz.de/10012519752
This paper analyses the impact of oil both price shocks on the GDP and prices in the Spanish economy and its seventeen NUTS-2 regions. The Qu and Perron (2007) and the Bai and Perron (1998, 2003a and 2003b) methods identify different periods across the sample. Evidence in favour of a diminishing...
Persistent link: https://www.econbiz.de/10011332599
In this paper we use the frequency domain Granger causality test of Breitung/Candelon (2006) to analyse short and long-run causality between energy prices and prices of food commodities. We find that the oil price Granger causes all the considered food prices. However, when controlling for...
Persistent link: https://www.econbiz.de/10010329328
This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … for 14 OECD countries, covering the period 1970-1997. A -convergence analysis shows that the development of cross …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence …
Persistent link: https://www.econbiz.de/10011318890
different assumptions regarding magnitudes of realization of these reserves, future convergence of the Serbian economy toward E …
Persistent link: https://www.econbiz.de/10010321662
Increasing concerns about climate change have given rise to the formation of International Environmental Agreements (IEAs) as a possible solution to limit global pollution eff ects. In this paper, we study the stability of IEAs in a repeated game framework where we restrict to strategies which...
Persistent link: https://www.econbiz.de/10011301540
According to rational choice theory, preference orderings should be invariant with respect to the elicitation procedure. The contingent trade-off model (Tversky et al., 1988), however, argues that if an attribute of decision alterna-tives is also used as response mode (scale compatibility), then...
Persistent link: https://www.econbiz.de/10011301619
The results in this paper show that a policy maker who ignores regional data and instead relies on aggregated integrated assessment models will strongly underestimate the carbon price and thus the required climate policy. Using a stylized theoretical model we show that, under the mild and...
Persistent link: https://www.econbiz.de/10011301725
crucial determinants of the political equilibrium: given a local pollutant, the probability of convergence of environmental …
Persistent link: https://www.econbiz.de/10011301728
This study examines how environmental stringency affects the location decision of foreign direct investments. We analyze a fi rm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and applying a mixed-logit analysis. The results show that...
Persistent link: https://www.econbiz.de/10011301775