Showing 1 - 10 of 10
Biofuels production has experienced rapid growth worldwide as one of several strategies to promote green energy economies. Indeed, climate change mitigation and energy security have been frequent rationales behind biofuel policies, but biofuels production could generate negative impacts, such as...
Persistent link: https://www.econbiz.de/10010369087
The present study examines the dynamics and regulatory regimes of commodity derivatives markets through time. The historical perspective allows to identify the reasons behind the use of derivatives and the impact of changing rules on financial systems. It further permits to highlight the...
Persistent link: https://www.econbiz.de/10011963556
The aim of this study is to investigate the possible contagion risk coming from energy, food and metals commodity … on quantile regression. This novel methodology allows us first to identify a measure of contagion risk for energy, food … contagion effect of one market is significantly larger than the one of another market. The results show that energy, food and …
Persistent link: https://www.econbiz.de/10011869290
We generalize endogenous growth models, which often assume a closed-economy, to allow for international borrowing and lending. We incorporate a prominent feature of global financial markets, that the marginal cost of borrowing facing a small open economy is dependent on the “country risk” as...
Persistent link: https://www.econbiz.de/10012911258
Township Village Enterprises (TVEs) have essentially contributed to China's economic development and institutional transformation over the last twenty years. One of the explanations for the mechanism of TVEs' growth is the co-operative culture theory which claims that Chinese - compared with...
Persistent link: https://www.econbiz.de/10010323611
Persistent link: https://www.econbiz.de/10010323636
This paper constitutes a component of a larger research project. The larger project attempts to address two issues in international relations - - one substantive and theoretical, the second epistemological and ontological. The first issue, which will be the focus of this paper, considers the...
Persistent link: https://www.econbiz.de/10010323639
The present study aims to investigate the dynamics of primary commodity prices and the role of speculation over time. In particular the relationship between speculation and price volatility on the one side, and the linkage between excessive speculation and price volatility on the other side, is...
Persistent link: https://www.econbiz.de/10010323659
Since the 2007-08 food crisis, many thoughtful analyses have addressed the causes and impacts of high and volatile international food prices and proposed solutions to the crisis. These studies have covered global as well as local food price dynamics and policy reactions. The food price problem...
Persistent link: https://www.econbiz.de/10010323663
Beside the mixed evidences on transmission of international food price volatility to local markets and the desirability or otherwise of reliance on stabilisation policy to cushion the effects, very little is known about the key drivers of price spikes and volatility in sub-Saharan Africa. This...
Persistent link: https://www.econbiz.de/10012947427