La recherche explique comment le cours des actions des compagnies pétrolières dépend du prix à terme du pétrole. La modélisation est appliquée aux principales compagnies pétrolières Shell: Exxon Mobil, BP, Total et Chevron. La recherche est originale car elle porte sur les relations à...

This article analyses the compatibility of the European directive on biofuels with WTO trade rules. More precisely, it focuses on the European Commission's decision to submit biofuels to sustainable certification for those later being eligible to the tax exemption and counted in the mandatory...

Toute politique, quel que soit son domaine d’application, affiche des objectifs, plus ou moins explicites. La clarté n’est pas toujours de mise en la matière. En effet, peuvent être perçus des non-dits, les responsables politiques ne voulant pas heurter de front des groupes de pression...

To meet its objectives of expanding biofuel production, Brazil is confronted with the need to allocate new land areas for energy crops. This raises issues to be resolved concerning future exports to Europe. The European Directive 2009/28/CE of 23 April 2009 on the promotion of the use of energy...

Life cycle analysis (LCA), as it is currently applied, can lead to biased results. The use of LCA information is particularly sensitive when taken in the context of government regulatory frameworks. Indeed, instead of encouraging companies to reduce their impact on the environment,...

L’Argentine a une longue tradition de taxation de ses exportations agricoles qui constitue une source de revenu importante pour le gouvernement. Sa principale production agricole est le soja dont les produits sont le tourteau et l’huile de soja qui sert à produire le biodiésel. L’Union...

The aim of this article is to investigate the causal relationship between remittances and poverty reduction for 14 emerging and developing countries over the period 1980 - 2012. We proposed a cointegration analysis, using the method of non-stationary dynamic panel data. Our estimation results...

Several recent papers have underlined the importance of the microstructure effects in understanding exchange rate behavior by documenting stable long-run relationships between cumulated order flows and spot exchange rates. This stands in contrast to the widely-studied failure of exchange rates...