Hydrogen scenarios are set by mixing three alternatives of demand side and three alternatives of supply side corresponding to demand side. The demand side alternatives are classified as a baseline demand, high demand, low demand according to hydrogen demand. Under the baseline demand scenario,...

This paper outlines a current research project on the monetary transmission process in Uzbekistan. The project employs a VAR/VECM methodology in order to represent the monetary transmission process of Uzbekistan in a formal model. This model is then estimated for data from 2000 to 2009. The...

The positive impacts of an increasing share of renewable energy (RE) on the mitigation of climate change as well as on the decrease of the dependence of energy imports are indisputable. However, such are currently still the additional costs of heat and electricity generation from most renewable...

The labour market participation rate of older Belgian workers is one of the lowest of the OECD. Early retirement, passive labour market measures and the wage bargaining system which makes older (white-collar) workers relatively more expensive are features that discourage employment of older...

Sub-Saharan African (SSA) countries are involved in negotiations for increased trade integration at the regional, bilateral and multilateral level. Previous simulations of liberalization fail to precisely compare the impacts of those different levels of increased liberalization on SSA because of...

One of the key factors behind global trade growth in recent decades is increase in intermediate input as a result of the development of vertical production networks (Feensta, 1998). Manufacturing goods are no longer produced in a single country. Production processes are subdivided into several...

The EU is enthusiastically proposing climate saving policies that place Europe as the innovator in reducing emissions and increasing the share of renewable energy sources (RES). However, the application of suitable instruments appears to create problems with differences between the approaches...

The Report by the Commission on the Measurement of Economic Performance and Social Progress (Stiglitz et al., 2009) published in September 2009 has brought back to the attention of policy makers and researchers that measuring a country’s development solely on the basis of GDP or GDP per capita...

This study is motivated by the China puzzle: the very impressive post-reform growth with relatively low aggregate volatility in the absence of healthy financial institutions by international standards. We argue that political economy constraints on the reform process have made China‟s...

One of the key factors behind global trade growth in recent decades is increase in intermediate input as a result of the development of vertical production networks (Feensta, 1998). Manufacturing goods are no longer produced in a single country. Production processes are subdivided into several...