Showing 1 - 10 of 208
The paper investigates the long-run and the causality relationship between energy consumption and economic growth for … that energy consumption is cointegrated with economic growth in Cameroon, Congo, Cote d'Ivoire, and South Africa. Moreover …, this test suggests that economic growth has a significant positive long run impact on energy consumption in these countries …
Persistent link: https://www.econbiz.de/10008516063
speculative trading strategies by energy utilities, financial market players and risk managers. …
Persistent link: https://www.econbiz.de/10008527474
EUAs are European Union Allowances traded on the EU Emissions Trading Scheme (EU ETS), while Certified Emissions Reductions (CERs) arise from the Clean Development Mechanism under the Kyoto Protocol. These emissions assets attract an increasing attention among brokers, investors and operators on...
Persistent link: https://www.econbiz.de/10008563129
EUAs are European Union Allowances traded on the EU Emissions Trading Scheme (EU ETS), while Certified Emissions Reductions (CERs) arise from the Clean Development Mechanism under the Kyoto Protocol. These emissions assets attract an increasing attention among brokers, investors and operators on...
Persistent link: https://www.econbiz.de/10008636367
This article investigates the cointegrating and vector autoregressive relationships in CO2 allowances spot and futures prices, valid for compliance under the EU Emissions Trading Scheme (EU ETS). Our empirical analysis yields to reject a cointegrating relationship between CO2 spot and futures...
Persistent link: https://www.econbiz.de/10008465221
We revisit the evidence of the existence of a long-run link between financial intermediation and economic growth, by … testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial … intermediation. We consider a model with a factor structure that allows us to determine whether the finance-growth link is due to …
Persistent link: https://www.econbiz.de/10008526288
graduates. Paradoxically, if it is always profitable for individuals to increase their education investment; in term of growth …
Persistent link: https://www.econbiz.de/10008562840
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no “one way” recommendation about energy-growth relationship that …
Persistent link: https://www.econbiz.de/10010836236
This paper examines the causality linkages between economic growth, renewable energy consumption, CO2 emissions and …-directional causality between renewable energy consumption and economic growth, which supports the validity of the feedback hypothesis. In … addition, the quantity of CO2 emissions collapses as a reaction to an increase in renewable energy consumption. These findings …
Persistent link: https://www.econbiz.de/10011039078
the relationships among the important energy market variables for Pakistan being a major importer of oil and energy … products. It is expected that controlling for imports of oil and energy products, substituing furnace oil dependent energy …
Persistent link: https://www.econbiz.de/10010629865