Showing 1 - 10 of 17
We document frequent occurrences of negative conversion premium (NCP) events in the Chinese convertible bond market, when the bond is convertible and the underlying stock can be freely sold. This implies that when an NCP event occurs, existing stock holders can earn a riskless profit through a...
Persistent link: https://www.econbiz.de/10013162647
With the remarkable growth of natural gas consumption and the development of renewable energy worldwide in recent years, the penetration capacity of gas-fired generators and uncertain renewable energy has significantly become larger, which poses a great challenge to the reliable and economic...
Persistent link: https://www.econbiz.de/10012193289
Persistent link: https://www.econbiz.de/10012667451
The COVID-19 pandemic is imposing economic and broader development challenges as never before. Policy lessons from Asia and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising inequality and environmental challenges increased the...
Persistent link: https://www.econbiz.de/10012500457
Multiple studies have examined the effects of financial development on renewable energy consumption, but little is known about its impact on renewable energy innovation. The validity of the Porter Hypothesis (PH) in renewable energy industries-that is, whether stricter environmental policies...
Persistent link: https://www.econbiz.de/10014388675
The influence of digital industry and firm digitization on enterprise innovation has emerged as a critical research topic. To assess the impact of digital transformation on enhancing innovation output, we propose a game model of two organisations investing in digital transformation, analyze the...
Persistent link: https://www.econbiz.de/10014372043
The purpose of this research is to explain the policy model even for the development of renewable energy sources in the country. This article examines the factors affecting the renewable energy market and the development methods of these resources based on the grounded theory. The information of...
Persistent link: https://www.econbiz.de/10014372078
The European Union Emissions Trading Scheme is the first international cap-and-trade program for carbon dioxide and the largest carbon pricing regime in the world. A significant concern over the Emissions Trading Scheme has been the potential impact on the competitiveness of industry. Using data...
Persistent link: https://www.econbiz.de/10012560770
The global innovation environment is undergoing major changes. Driven by its entrepreneurship policy, China's innovation level has gradually improved, but the regional gap remains large. As previous studies mainly focused on the net impact of entrepreneurship policy on innovation, knowledge on...
Persistent link: https://www.econbiz.de/10013449332
Predictive modeling has been widely used for insurance rate making. In this paper, we focus on insurance claim count data and address their common issues with more flexible modeling techniques. In particular, we study the zero-inflated and hurdle-generalized Poisson and negative binomial...
Persistent link: https://www.econbiz.de/10014446646