Showing 1 - 10 of 162
The existing studies on Green Paradox and stranded assets focus on dirty exhaustible assets (fossil fuel reserves) and show that environmental regulations, by changing the costs of dirty inputs relative to clean ones, lead to replacements of the former by the latter and stranding of dirty assets...
Persistent link: https://www.econbiz.de/10011957025
to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and … consumers of energy. While the overall trend of China’s energy pricing reform since 1984 has been moving away from the prices … pace and scale of the reform differ across energy types. This article discusses the evolution of price reforms for coal …
Persistent link: https://www.econbiz.de/10011957010
This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for … desired levels according to the prescription of the SDG of per water, energy and food capita consumption is reached by each … investment have a positive accelerating effect on food convergence as well as on energy convergence. …
Persistent link: https://www.econbiz.de/10012501724
recent strategic interactions between OPEC and the shale oil industry, we conduct a case study where the incumbent OPEC is a … exible producer that competes with a representative shale oil firm. Upon entry, the latter produces a fixed amount but it can … (shale) oil market learns that a higher demand elasticity induces mothballing. …
Persistent link: https://www.econbiz.de/10012419719
are considered, not only oil, and second, our work goes beyond the standard distinction between energy importing and …We investigate whether the degree of energy dependency of countries influences their macroeconomic performance in terms … of long-run growth. Specifically, we study whether the impact of energy price changes on economic growth differs …
Persistent link: https://www.econbiz.de/10013470533
The growth model perspective has provided avenues for bridging Comparative and International Political Economy, mainly with regard to the global financial crisis and developments within the Eurozone. This article aims to contribute to this endeavor by highlighting the joint effects of capital...
Persistent link: https://www.econbiz.de/10013482894
We aim to explain petro populism - the excessive use of oil revenues to buy political support. To reap the full gains …
Persistent link: https://www.econbiz.de/10012143794
Does the central bank practice of publishing interest rate projections (IRPs) improve how market participants map new information into future interest rates? Using high-frequent data on Forward Rate Agreements (FRAs) we compute market forecast errors; differences between expected future interest...
Persistent link: https://www.econbiz.de/10012661548
This paper examines the growth experience of the Central Asian economies after the breakup of the Soviet Union. In particular, it evaluates the impact of being landlocked and resource rich. The main conclusions are: (1) Over the period 1994-2006, the landlocked resourcescarce developing...
Persistent link: https://www.econbiz.de/10010281703
This paper evaluates the impact of major natural resource discoveries since 1950 on GDP per capita and other economic and social indicators. Using panel fixed-effects estimation ad resource discoveries in countries that were not previously resource-rich, I find a positive effect on GDP per...
Persistent link: https://www.econbiz.de/10010318847