This paper analyzes the characteristics of ethanol demand in the context of fuel mix diversification in Brazil. Currently, ethanol is the most important gasoline additive and alternative fuel consumed in Brazil and is responsible there for profound changes in the dynamics of fuel consumption....

Recent discussions of energy security and climate change have attracted significant attention to clean energy. We hypothesize that rising prices of conventional energy and/or placement of a price on carbon emissions would encourage investments in clean energy firms. The data from three clean...

This paper evaluates the operational activities of Chinese hydroelectric power companies over the period 2000–2010 using a finite mixture model that controls for unobserved heterogeneity. In so doing, a stochastic frontier latent class model, which allows for the existence of different...