Showing 81 - 90 of 143
Over the last decade, commodity prices have registered substantial booms and busts marked by extreme volatility. Wheat in particular, one of the main non-oil commodities, has registered a roller-coaster in price levels which seems to be inconsistent with supply and demand fundamentals. To...
Persistent link: https://www.econbiz.de/10010910217
Biofuels production has experienced rapid growth worldwide as one of several strategies to promote green energy economies. Indeed, climate change mitigation and energy security have been frequent rationales behind biofuel policies, but biofuels production could generate negative impacts, such as...
Persistent link: https://www.econbiz.de/10011069124
The role of futures markets in stabilizing spot prices has been extensively discussed. Nevertheless, the ability of these markets to achieve the stabilizing function significantly depends on whether they are ‘efficient’ in the sense that futures prices ‘fully reflect’ the available...
Persistent link: https://www.econbiz.de/10010941090
The present study aims at providing a comprehensive analysis of trade flows and the domestic value creation of the major solar photovoltaic industry at the world level. Solar technologies convert light and heat from the sun into useful energy. The use of the sun's energy can not only reduce the...
Persistent link: https://www.econbiz.de/10011046682
Biofuels production has experienced rapid growth worldwide as one of the several strategies to promote green energy economies. Indeed, climate change mitigation and energy security have been frequent rationales behind biofuel policies, but biofuels production could generate negative impacts,...
Persistent link: https://www.econbiz.de/10011046892
This paper investigates the long-run determinants of the Italian exports in tourism services during the 1990-2007 period. The estimation is undertaken using a Cointegrated Vector Autoregressive analysis. The results suggest a significant and robust long-run cointegration relationship among...
Persistent link: https://www.econbiz.de/10008738795
The paper examines over seventy episodes of current account adjustment in industrial and major emerging market economies. It argues that these episodes were characterised by strongly divergent economic developments. To reduce this divergence, the paper classifies episodes with similar...
Persistent link: https://www.econbiz.de/10004999747
The paper examines episodes of current account adjustment in individual economies. A central finding is that these episodes are very divergent and can be usefully classified, on the basis of cluster analysis, in three groups. A majority of cases is characterised by internal adjustment,...
Persistent link: https://www.econbiz.de/10005094201
This paper shows how the Dutch Disease has affected the Russian economy since the start of the transition in the early 1990s. Four symptoms have been detected, namely: 1) a real exchange rate appreciation, 2) a temporary improved economic situation, 3) an output decline in the...
Persistent link: https://www.econbiz.de/10005801200
This paper considers trade specialisation in Russia, examining changes in trade patterns at the sectoral level over the transition period. Trade based on inter-industry specialisation and intra-industry trade (IIT) are empirically distinguished using the Aquino and Grubel–Lloyd (GL) indices....
Persistent link: https://www.econbiz.de/10005117127