The aim of present paper is to re-investigate the long-run and causal relationship between electricity consumption, income, financial development, population and foreign trade in Portugal using the bounds testing approach to cointegration within the unrestricted error-correction model (UECM)....

Despite a bourgeoning literature on the existence of a long-run relationship between energy consumption and economic growth, the findings have failed to establish clearly the direction of causation. A growing economy needs more energy, which is exacerbated by growing population. Evidence...

Improving energy efficiency within the industry will play a central role in mitigating greenhouse gas emissions by reducing the use of fossil fuels. Nevertheless, the ex-ante evaluation of energy-efficiency policies largely remains an unresolved challenge. Understood within a theoretical...

Rising energy demand and prices, particularly for oil, has led to a search for solutions to quell this increase. With the advent of the Oil Sands, we have stumbled upon an opportunity to increase Oil supplies and thus stabilize prices and satisfy demand. A large portion of the oil sands are...

In basic economic growth models, energy is neglected as a production factor, and output is generated from capital and labor in a single-sector process, with most of growth attributed to an exogenous residual. However, alternative approaches argue for a multi-sector system in which the major...

Climate-economy integrated assessment models are often used to assess the interaction between climate change effects and the economy. A simple but powerful model, DICE (Dynamic Integrated Climate-Economy) model, was developed at Yale. This is an easily accessible model that allows exploration of...

This paper investigates the global economic consequence of the Russia-Ukraine war over a four-month period from December 2021 to March 2022. Russia invaded Ukraine on the 24th of February 2022. The study used the Pearson correlation and two-stage least square regression methods to assess the...

Serbian. U radu se istražuju odnosi u društvenoj reprodukciji posredstvom reprodukcione celine opšteg tipa – primarnog, sekundarnog i tercijarnog sektora. Na nivou ovih sektora, definisanih na način uobičajen u ekonomskoj literaturi (primarni: poljoprivreda i šumarstvo; sekundarni:...

Russian: Основы использования ИКТ в Сербии уже заложены, но электронный бизнес-процесс пока не сильно развит. Системных исследований влияния Интернета и ИКТ на...