Purpose: In order to improve the energy utilization and achieve sustainable development, this paper integrates energy efficiency into condition-based maintenance(CBM) decision-making for two-component parallel systems. The objective is to obtain the optimal maintenance policy by minimizing total...

In this study, thermal interface material is used in photovoltaic-thermoelectric coupling device to enhance the utilization of solar energy. An operating system including cooling equipment is established. The output performance evolutions of PV-TE coupling device are carried out based on thermal...

We examine the relationship between capital structure and carbon intensity in manufacturing firms using a novel dataset that combines information from the EU Emission Trading System with firm-level financial accounts. Our findings indicate that higher financial leverage is associated with lower...

This paper empirically analyses fiscal policy behavior in the European Union (EU) Member States and assesses how it has changed during the recent pandemic crisis compared to previous crisis situations. Based on panel estimations the outcomes reveal that this time is different, both concerning...

In the wake of the crisis, the capacity of many banks to lend to relatively high-risk sectors such as SMEs and young, innovative firms is seriously impaired by capital constraints and a strong deterioration in the quality of the assets on their balance sheets. Looking forward, it is vital that...

Using a pan-European data set of 8.5 million firms, this paper finds that firms with high debt overhang invest relatively more than otherwise similar firms if they are operating in sectors facing good global growth opportunities. At the same time, the positive impact of a marginal increase in...

Using a pan-European dataset of 8.5 million firms, we find that firms with high debt overhang invest relatively more than otherwise similar firms if they are operating in sectors facing good global growth opportunities. At the same time, the positive impact of a marginal increase in debt on...

We look at the impact of intermediated funding provided by the European Investment Bank (EIB) on the performance of small and medium-sized enterprises (SMEs) in the 28 member countries of the European Union between 2008 and 2014. We use a combination of propensity score matching and...

Aim: The purpose of this paper is to identify common mistakes and pitfalls as well as best practices in estimating labor intensity in software projects. The quality of estimations in less experienced teams is often unsatisfactory, as a result of which estimation as part of the software...

We estimate heterogeneous treatment effects of the EIB financial support on European firms between 2008 and 2015. The relevant control groups are created with propensity score matching and the effects are estimated in a difference-in-differences framework, controlling for firm-level and...