This paper provides an exhaustive analysis of the key factors that led to rising global energy demand, based on an OECD sample and a non-OECD sample over the period of 1980-2009. In addition to income and price elasticities traditionally examined, this research takes into account the effects of...

Chinese outward direct investment (ODI) is unique in the sense that it starts in the early stage of economic development and does not move factories overseas. Empirical analyses using firm-level data confirm that the main purpose of Chinese ODI is to strengthen domestic production and...