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The rapid growth in the consumption of electricity in China and India has been covered at 80% by coal, which has the side effect of emitting CO2 to the atmosphere. The alternative is the use of nuclear energy that, to become unquestionably competitive, must use supercritical water as coolant....
Persistent link: https://www.econbiz.de/10010992349
In the presence of events that are seen as ambiguous by all agents in an economy, if preferences are representable by expected uncertain utility functions (Gul and Pesendorfer, 2014), general equilibrium does not typically exist.
Persistent link: https://www.econbiz.de/10010934497
Geographical Information Systems (GIS) are an essential tool to integrate and manage large amounts of data (statistical and graphical) and to visualise the modelling efforts of the contemporary city. The further use of spatial analysis methods, in particular the exploratory analysis of data and...
Persistent link: https://www.econbiz.de/10010940879
This paper analyzes the relationship between financial development and economic growth in Angola, an economy heavily dependent on natural resources. We extend existing literature by treating separately the oil and non-oil sectors of the economy. We test for Granger causality between three...
Persistent link: https://www.econbiz.de/10010949333
After a period of convergence where many perceived the country as a success case, Portugal’s economic performance proved to be disappointing in the last decade. In this study we focus on the relationship between technology and economic catching-up in order to answer to two major questions: (i)...
Persistent link: https://www.econbiz.de/10010949334
This paper explores the determinants of debt maturity for a sample of 3306 non-financial listed firms from thirteen European countries (twelve countries of Euro Zone and United Kingdom) in 2011. According to literature, two sets of explanatory variables are included: (i) characteristics of firms...
Persistent link: https://www.econbiz.de/10010949335
This paper assesses the location determinants of the newly created firms in the creative sector within the framework of Discrete Choice Models. Estimations using a conditional logit model, which incorporate spatial effects of neighbouring regions in the location choices of firms, yield the...
Persistent link: https://www.econbiz.de/10010949336
The subprime crisis quickly became a global financial crisis, affecting a large number of countries, including the European economies. Europe also faces a crisis of public debt, particularly since the beginning of 2010, having the Greek debt served as a fuse. In this economic context and with...
Persistent link: https://www.econbiz.de/10010949337
The capital structure of companies has given rise to many works of analysis of its determinants. The research has evaluated the relevance of the determinants of managers’ options when making a decision on the type of financing. The present study evaluates the effects on debt, of the...
Persistent link: https://www.econbiz.de/10011210846
Based on the International Accounting Standard (IAS) 41 – Agriculture, this paper examines measurement practices of biological assets and their drivers, under accounting choice theory, given data from 2012. Taking into consideration 324 listed firms worldwide that have adopted International...
Persistent link: https://www.econbiz.de/10011212216