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Neoclassical models disregard the role of energy in production, equating a factor's output elasticity with its cost share, but failing to explain growth without a residual term. In contrast, ecological economics acknowledges energy's importance in production, regardless of its cost share. The...
Persistent link: https://www.econbiz.de/10015251666
Mainstream economic growth models downplay the role of energy, while attributing most of growth to an exogenous residual – total factor productivity (TFP). This makes them unsuitable to tackle the challenge of marrying sustainability and economic development targets. Meanwhile, research...
Persistent link: https://www.econbiz.de/10015212037
The link between financial market concentration and stability is a topic of great interest to policymakers and other market participants. Are concentrated markets - those where a relatively small number of firms hold large market shares - inherently more prone to disruption? This article...
Persistent link: https://www.econbiz.de/10005372952
This paper shows that banks that rely heavily on short-term funding engage less in maturity transformation in an attempt to decrease their exposure to rollover risk. These banks shorten both the maturity of their portfolio of loans as well as the maturity of newly issued loans. We find that the...
Persistent link: https://www.econbiz.de/10010762040
This study investigated the frequency of droughts for the period September 1910 to October 2004 in mainland Portugal, based on monthly precipitation data from 144 rain gauges distributed across the country. The drought events were characterized using the standardized precipitation index (SPI)...
Persistent link: https://www.econbiz.de/10010794164
Regional drought modes in Portugal are identified applying the Principal Component Analysis (PCA) and Varimax rotation to the Standardized Precipitation Index (SPI) computed on various time scales using the three precipitation datasets covering the period 1950–2003: (i) The observation dataset...
Persistent link: https://www.econbiz.de/10011151777
Persistent link: https://www.econbiz.de/10005715892
China is becoming increasingly active in international markets for mergers and acquisitions. Chinese acquirers are buying stakes in foreign companies to get access to resources, markets, and technology, among other reasons. With China's expanding wealth and vast foreign exchange resources,...
Persistent link: https://www.econbiz.de/10008489200
Persistent link: https://www.econbiz.de/10009921508
Portuguese Abstract: As estratégias de Marketing com Cross-Selling são recorrentes nas empresas há diversas décadas, melhorando os enlaces com os clientes e desenvolvendo relações entre empresas/fornecedores e clientes. Uma forma de atrair, manter ou recuperar clientes é prestar o máximo...
Persistent link: https://www.econbiz.de/10012989173