Showing 1 - 8 of 8
I combine two fields of research on default prediction by empirically testing a bankruptcy prediction function where unlisted firms are evaluated on the basis of both their financial statement analysis and the macroeconomic environment. This combination is found to improve the default prediction...
Persistent link: https://www.econbiz.de/10011968236
All Annex B parties but Russia, Australia and USA, have ratified the Kyoto Protocol so far. It is still an open … question whether Russia will ratify and secure that the Protocol enters into force. This paper therefore analyzes consequences … Protocol. Environmentally, implementation of the Kyoto Protocol without participation from Russia and Ukraine is obviously …
Persistent link: https://www.econbiz.de/10011968146
starting point is the uncertainties about future natural gas exports from Russia and LNG-producing countries. Our results …
Persistent link: https://www.econbiz.de/10011968149
Gazprom, the dominant gas company in Russia, is widely believed to be the key supplier of gas to Europe in the …
Persistent link: https://www.econbiz.de/10011968215
Having exports from more than one Russian gas producer has been an important issue in the Russian-EU energy dialogue during the last decade. Nevertheless, in June 2006, Russian Federal law legalized the de facto export monopoly of Gazprom. Political and commercial interests have regularly...
Persistent link: https://www.econbiz.de/10011968264
Russian national welfare. Results show that under the current gas market structures in Europe and Russia, the split-up of … Gazprom's monopoly might not be beneficial for Russia. The market share of Russia in the European market is important in …
Persistent link: https://www.econbiz.de/10011968296
natural gas prices have remained below their long-run marginal cost for more than a decade since Russia's movement toward a … introduce netback pricing of natural gas after 2011. Netback pricing refers to the process of equalizing the gas price in Russia … concludes that netback pricing can help Russia to avoid a gas deficit. However, the gas supply in Russia will remain tight until …
Persistent link: https://www.econbiz.de/10011968324
A macro econometric model of the Russian economy is developed, containing 13 estimated equations - covering major national account variables, government expenditures and revenues, interest rates, prices and the labour market. The model is tailored to analyze effects of changes in the oil price...
Persistent link: https://www.econbiz.de/10011968387