The bootstrapped size and power properties of six long memory tests-the modified R/S, KPSS, V/S, GPH, Robinson's and the recently proposed tests-are investigated. Even in samples of size 100, the moving block bootstrap controls the empirical size of the tests in the DGPs examined. The test...

Despite the roots of the process plant contracting industry being based in energy supply, the industry has received limited attention in the energy literature. This paper sets out to remedy this omission by outlining the industry's function and mode of operation. It then goes on to describe the...

This has demonstrated the rationale for allowing for winners and losers contingent valuation. In addition, it has shown how appropriate measures of welfare gains as well as loses can be elicited in dichotomous choice contingent valuation.