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| Registros recuperados: 60 | |
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| Toman, Michael; Jemelkova, Barbora. |
| Energy development is an integral part of enhanced economic development. The fact that expanded provision and use of energy services is strongly associated with economic development leaves open how important energy is as a causal factor in economic development, however; and energy development competes with other opportunities for scarce capital and opportunities for policy and institutional reform. In this paper we first give a brief conceptual discussion that seeks to identify the channels through which increased availability of energy services might be a key to stimulating economic development along different stages of the development process. We then examine some empirical work to see what evidence it might provide regarding possible channels of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Energy; Economic development; Productivity; Poverty alleviation; Resource /Energy Economics and Policy; Q41; Q43. |
| Ano: 2003 |
URL: http://purl.umn.edu/10685 |
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| Manera, Matteo; Nicolini, Marcella; Vignati, Ilaria. |
| This paper analyses futures prices for four energy commodities (light sweet crude oil, heating oil, gasoline and natural gas) and five agricultural commodities (corn, oats, soybean oil, soybeans and wheat), over the period 1986-2010. Using CCC and DCC multivariate GARCH models, we find that financial speculation is poorly significant in modelling returns in commodities futures while macroeconomic factors help explaining returns in commodities futures. Moreover, spillovers between commodities are present and the conditional correlations among commodities are high and time-varying. |
| Tipo: Working Paper |
Palavras-chave: Energy; Commodities; Futures Markets; Financial Speculation; Multivariate GARCH; Financial Economics; C32; G13; Q11; Q43. |
| Ano: 2012 |
URL: http://purl.umn.edu/122868 |
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| Bosetti, Valentina; Tavoni, Massimo; Carraro, Carlo. |
| This paper builds on the assumption that OECD countries are (or will soon be) taking actions to reduce their greenhouse gas emissions. These actions, however, will not be sufficient to control global warming, unless developing countries also get involved in the cooperative effort to reduce GHG emissions. This paper investigates the best short-term strategies that emerging economies can adopt in reacting to OECD countries’ mitigation effort, given the common long-term goal to prevent excessive warming without hampering economic growth. Results indicate that developing countries would incur substantial economic losses by following a myopic strategy that disregards climate in the short-run, and that their optimal investment behaviour is to anticipate the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Energy-economy Modeling; Climate Policy; Developing Countries; Environmental Economics and Policy; Q54; Q55; Q43. |
| Ano: 2009 |
URL: http://purl.umn.edu/52541 |
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| Massetti, Emanuele. |
| The aim of the paper is to present evidence that China and India are, and will remain, two very different actors in international negotiations to control global warming. We base our conclusions on historical data and on scenarios until 2050. The Business-as-Usual scenario (BaU) is compared to four Emissions Tax scenarios to draw insights on major transformations in energy use and in energy supply and to assess the possible contribution of China and India to a future international climate architecture. We study whether or not the Copenhagen intensity targets require more action than the BaU scenario and we assess whether the emissions reductions induced by the four tax scenarios are compatible with the G8 and MEF pledge to reduce global emissions by 50% in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate Change; China; India; Energy Efficiency; Energy and Development; Environmental Economics and Policy; Q32; Q43; Q54; Q43; O53; P52. |
| Ano: 2011 |
URL: http://purl.umn.edu/101378 |
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| Bao, Qin; Tang, Ling; Zhang, ZhongXiang; Qiao, Han; Wang, Shouyang. |
| Carbon-based border tax adjustments (BTAs) have recently been proposed by some OECD countries to level the carbon playing field and target major emerging economies. This paper applies a multi-sector dynamic computable general equilibrium (CGE) model to estimate the impacts of the BTAs implemented by US and EU on China’s sectoral carbon emissions. The results indicate that BTAs will cut down export prices and transmit the effects to the whole economy, reducing sectoral output-demands from both supply side and demand side. On the supply side, sectors might substitute away from exporting toward domestic market, increasing sectoral supply; while on the demand side, the domestic income may be strikingly cut down due to the decrease in export price, decreasing... |
| Tipo: Working Paper |
Palavras-chave: Border Carbon Tax Adjustments; Computable General Equilibrium Model; Carbon Emissions; Environmental Economics and Policy; D58; F18; Q43; Q48; Q52; Q54; Q56; Q58. |
| Ano: 2011 |
URL: http://purl.umn.edu/120044 |
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| Carraro, Carlo; De Cian, Enrica; Tavoni, Massimo. |
| This paper looks at the interplay between human capital and innovation in the presence of climate and educational policies. Using recent empirical estimates, human capital and general purpose R&D are introduced in an integrated assessment model that has been extensively applied to study climate change mitigation. Our results suggest that climate policy stimulates general purpose as well as clean energy R&D but reduces the incentive to invest in human capital formation. Human capital increases the productivity of labour and the complementarity between labour and energy drives its pollution-using effect (direct effect). When human capital is an essential input in the production of generic and energy dedicated knowledge, the crowding out induced by... |
| Tipo: Working Paper |
Palavras-chave: Climate Policy; Innovation; Human capital; Environmental Economics and Policy; O33; O41; Q43. |
| Ano: 2012 |
URL: http://purl.umn.edu/122861 |
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| Registros recuperados: 60 | |
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