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Energy shocks in the Euro area : disentangling the pass-through from oil and gas prices to inflation
Casoli, Chiara; Manera, Matteo; Valenti, Daniele - 2022
We develop a Bayesian Structural VAR (SVAR) model to study the relationship between different kinds of energy shocks and inflation dynamics in Europe. Specifically, we include in our specification two separate energy markets (oil and natural gas) and two target macroeconomic variables, measuring...
Persistent link: https://www.econbiz.de/10013488601
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Central Asia oil and gas industry - the external powers' energy interests in Kazakhstan, Turkmenistan and Uzbekistan
Raimondi, Pier Paolo - 2019
After the Soviet breakup, Central Asia has gained importance for several States because of its geographical location and abundance of hydrocarbon reserves. These hydrocarbon reserves are located mainly in three countries: Kazakhstan, Turkmenistan and Uzbekistan. Each of them has taken different...
Persistent link: https://www.econbiz.de/10011986382
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Investment-uncertainty relationship in the oil and gas industry
Ahmadi, Maryam; Manera, Matteo; Sadeghzadeh, Mehdi - 2018
Recent studies on oil market demonstrate endogeneity of oil price by modeling it as a function of consumption and precautionary demands and producers’ supply. However, studies analysing the effect of oil price uncertainty on investment, do not disentangle uncertainties raised by underlying...
Persistent link: https://www.econbiz.de/10011824181
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How does market competition affect firm innovation incentives in emerging countries? : evidence from Chile and Colombia
Benavente H., José Miguel; Zuniga, Pluvia - 2022
The effect of market competition on firm innovation remains controversial, especially in the context of developing … countries. This paper presents new empirical evidence about the causal impact of competition on firm innovation for Chilean and … Colombian manufacturing firms. Using instrumental-variable estimation, our results show that market competition increases firm …
Persistent link: https://www.econbiz.de/10014496286
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Low-wage countries’ competition, reallocation across firms and the quality content of exports
Martin, Julien; Méjean, Isabelle - 2012
Persistent link: https://www.econbiz.de/10009573826
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Unconventional gas and the Europe Union : prospects and challenges for competitiveness
Vollebergh, Herman R. J.; Drissen, Eric - 2014
This article studies the likely impact of unconventional gas developments in the US on EU competitiveness. We find, first of all, little evidence for a prosperous unconventional gas development in Europe. Second, the US boom has already a strong impact on both world and European energy markets....
Persistent link: https://www.econbiz.de/10010476431
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Mafia infiltrations in times of crisis : evidence from the Covid-19 shock
Castelluccio, Marco; Rizzica, Lucia - 2023
We analyse the risk of mafia capture of firms operating in the legal economy. Specifically, we study the relationship between firm performance and mafia infiltration. To overcome possible endogeneity concerns we exploit the abrupt drop in revenues caused by the (unexpected) Covid-19 related...
Persistent link: https://www.econbiz.de/10014381949
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The impact of business support services for small and medium enterprises on firm performance in low- and middle-income countries : a meta-analysis
Cravo, Túlio; Piza, Caio - 2016
Interventions designed to support small and medium enterprises (SMEs) are popular among policy makers, given the role SMEs play in job creation around the world. Business support interventions in low- and middle-income countries (LMICs) are often based on the assumption that market failures and...
Persistent link: https://www.econbiz.de/10011521236
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Should everybody be in services? : the effect of servitization on manufacturing firm performance
Crozet, Matthieu; Milet, Emmanuel - 2015
Persistent link: https://www.econbiz.de/10011414093
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Entrepreneurs on their financial literacy : evidence from the Netherlands
Alperovych, Yan; Calcagno, Riccardo; Lentz, Martijn - 2020
Persistent link: https://www.econbiz.de/10012298741