经济学最新文献_第4页

Covered interest rate parity deviations, COVID-19 pandemic infection cases, and vaccination

IF 5.4 2区经济学

Journal of International Financial Markets Institutions & Money Pub Date : 2025-02-03 DOI: 10.1016/j.intfin.2025.102122

Yu-Lun Chen , Yi-Hua Li , Wan-Shin Mo , J. Jimmy Yang

引用次数: 0

Pre-entry experience, knowledge inheritance, and entrepreneurial resource mobilization

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-02-03 DOI: 10.1007/s11187-025-01003-8

Vilma Chila, Shivaram V. Devarakonda, Xavier Martin

引用次数: 0

Governmental venture capital and investor sentiment: Evidence from Chinese government guidance funds

IF 5.4 2区经济学

Journal of International Financial Markets Institutions & Money Pub Date : 2025-02-03 DOI: 10.1016/j.intfin.2025.102120

Xinfei Huang , Yue Zhang , Zhe Zong

{"title":"Governmental venture capital and investor sentiment: Evidence from Chinese government guidance funds","authors":"Xinfei Huang , Yue Zhang , Zhe Zong","doi":"10.1016/j.intfin.2025.102120","DOIUrl":"10.1016/j.intfin.2025.102120","url":null,"abstract":"<div><div>While the role of government-backed venture capital (GVC) in influencing companies’ operating performance has been well-documented, its potential impact on the financial market remains less explored. This paper aims to fill this gap in the context of China’s venture capital market. Since 2002, the Chinese government has launched a type of policy VC fund—government guidance funds (GGFs)—to stimulate innovation, industrial transformation, and local economic growth. Using a sample of 2,860 IPO companies from 2010 to 2021, we show that GGF-backed IPOs exhibited higher initial returns than both non-VC-backed and non-GGF VC-backed IPOs. A decomposition of the initial returns reveals that this effect was driven by market overvaluation rather than IPO price discounts. Consistent with investor sentiment and signaling theory, our results suggest that investors held optimistic views towards GGF-backed companies. However, when assessing post-IPO operating and innovation performance, GGF-backed companies did not outperform their counterparts. Overall, this paper highlights the signaling effects of GGFs in the financial market and provides important policy implications for the design of GVC programs worldwide.</div></div>","PeriodicalId":48119,"journal":{"name":"Journal of International Financial Markets Institutions & Money","volume":"99 ","pages":"Article 102120"},"PeriodicalIF":5.4,"publicationDate":"2025-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143183709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Energy communities for degrowth: Democracy, reduction, maintenance and substitution

IF 6.9 2区经济学

Energy Research & Social Science Pub Date : 2025-02-03 DOI: 10.1016/j.erss.2025.103946

Daniel Petrovics , Federico Savini

{"title":"Energy communities for degrowth: Democracy, reduction, maintenance and substitution","authors":"Daniel Petrovics , Federico Savini","doi":"10.1016/j.erss.2025.103946","DOIUrl":"10.1016/j.erss.2025.103946","url":null,"abstract":"<div><div>This paper proposes a conceptual framework for degrowth research on energy communities, organizations which rely on the principles of voluntary membership, democratic control of renewable energy sources and relative autonomy from market forces. Prevailing sentiments suggest that energy communities' cooperative and democratic structure may offer a path towards goals set out by degrowth scholars, such as a reduction in energy throughput. However, no framework exists from which to assess if and how this occurs in practice. Therefore, we identify four dimensions that affect the degrowth potential of energy communities: democratization, reduction, maintenance and substitution. We develop each of these dimensions and propose that energy communities may drive a reduction in energy throughput if they (a) foster democratic decision-making, (b) explicitly seek to reduce their members' energy consumption, (c) maintain their democratic structure and physical infrastructure over the long term and (d) actively promote substituting existing fossil-based energy with renewable sources. Based on these dimensions, we identify six key avenues for research on energy communities and degrowth. We suggest that degrowth energy research should continue analysing the tensions and links between these dimensions.</div></div>","PeriodicalId":48384,"journal":{"name":"Energy Research & Social Science","volume":"121 ","pages":"Article 103946"},"PeriodicalIF":6.9,"publicationDate":"2025-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143133151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An overview of the coal circularity in Brazil: A new sustainable approach based on sampling method, characterization, and waste valorization

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-02-03 DOI: 10.1016/j.resourpol.2025.105496

M.N.S. Faraco , L. Simão , J. Acordi , E.F. Olivo , A. Zaccaron , O.R.K. Montedo , M.J. Ribeiro , C.P. Bergmann , F. Raupp-Pereira

{"title":"An overview of the coal circularity in Brazil: A new sustainable approach based on sampling method, characterization, and waste valorization","authors":"M.N.S. Faraco , L. Simão , J. Acordi , E.F. Olivo , A. Zaccaron , O.R.K. Montedo , M.J. Ribeiro , C.P. Bergmann , F. Raupp-Pereira","doi":"10.1016/j.resourpol.2025.105496","DOIUrl":"10.1016/j.resourpol.2025.105496","url":null,"abstract":"<div><div>Coal is a key energy source globally, and Brazil holds substantial reserves. However, approximately 50% of the coal extracted in Brazil is discarded as waste, often mixed into a single material without selective characterization. This study aims to establish a framework to help mining companies identify and implement strategies for sustainable coal mining practices in the study region. Residual fraction samples were collected and analyzed for their characteristics and potential applications. The results showed that the clay content in the waste is influenced by the age and depth of the coal deposits, while the beneficiation process determines the pyritic content. Based on these findings, four groups of residual fractions were identified for specific applications. Group 1, with higher carbon content, is suitable for processing and carbon concentration. Group 2, characterized by low pyrite content, coarse granulometry, and neutral pH, may be used to concentrate clay minerals for ceramics and mortars. Group 3, rich in clay minerals, is suitable for fertilizers, techno-soils, pozzolans, and geopolymers. Group 4 includes samples with potential for pyrite concentration. This study highlights the value of systematic waste sampling and evaluation, providing an effective strategy to promote the circular economy. This approach supports sustainable development in the research region and beyond by unlocking the potential of coal mining waste.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"102 ","pages":"Article 105496"},"PeriodicalIF":10.2,"publicationDate":"2025-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143177562","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Mussa Puzzle Redux

IF 6.6 1区经济学

Econometrica Pub Date : 2025-02-03 DOI: 10.3982/ECTA20849

Oleg Itskhoki, Dmitry Mukhin

引用次数: 0

Three-dimensional heterogeneous panel data models with multi-level interactive fixed effects

IF 9.9 3区经济学

Journal of Econometrics Pub Date : 2025-02-03 DOI: 10.1016/j.jeconom.2025.105957

Sainan Jin , Xun Lu , Liangjun Su

引用次数: 0

The Econometric Society Annual Reports Report of the Editors of the Monograph Series

IF 6.6 1区经济学

Econometrica Pub Date : 2025-02-03 DOI: 10.3982/ECTA931MONO

引用次数: 0

Gendered energy consumption goes beyond sex: Applying a multi-dimensional gender framework to Swiss survey data

IF 6.9 2区经济学

Energy Research & Social Science Pub Date : 2025-02-03 DOI: 10.1016/j.erss.2025.103944

Iljana Schubert , Angela Hinel , Paul Burger

{"title":"Gendered energy consumption goes beyond sex: Applying a multi-dimensional gender framework to Swiss survey data","authors":"Iljana Schubert , Angela Hinel , Paul Burger","doi":"10.1016/j.erss.2025.103944","DOIUrl":"10.1016/j.erss.2025.103944","url":null,"abstract":"<div><div>Recent research in the field of energy transition emphasizes that gender matters. However, gender is mainly included as a binary (male/female) category in survey-based research on individual energy consumption behaviour (ECB), ignoring socio-cultural and psychological dimensions of gender often found in the literature on ECB. This paper strives to overcome this mismatch and puts forward a novel multi-dimensional gender approach for survey-based ECB research. The approach is comprised of biological/self-ascribed sex, psychological (e.g. items based on BSRI scale) and socio-cultural factors (e.g., national employment stereotypes, social roles). We estimate regression models for two types of ECB (overall energy consumption and specific behaviours) in three main energy domains: electricity, heating and mobility. The dependent variables reflect a broad spectrum of ECB with varying scale types as proxies for the variety of measures in ECB research. For each ECB we compare a <em>sex only</em> model with <em>the multi-dimensional model.</em> All 12 models are estimated using data from 5011 participants from the Swiss Household Energy Demand Survey. Results show that different gender dimensions are relevant for distinct ECB. For example, psychological gender components with more feminine traits (e.g. affectionate, helpful) are linked to higher public transport use and active mobility and heating-related savings. More masculine traits (e.g. authority, leadership) are related to saving electricity through switching-off the TV. Binary sex only predicts differences in the mobility domain, possibly indicating an overestimation of (binary) sex in previous studies. Hence, the paper provides strong evidence for applying a multi-dimensional gender approach in future ECB research.</div></div>","PeriodicalId":48384,"journal":{"name":"Energy Research & Social Science","volume":"121 ","pages":"Article 103944"},"PeriodicalIF":6.9,"publicationDate":"2025-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143133250","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Penalized estimation of finite mixture models

IF 9.9 3区经济学

Journal of Econometrics Pub Date : 2025-02-03 DOI: 10.1016/j.jeconom.2025.105958

Sofya Budanova

引用次数: 0