经济学最新文献_第6页

Designing citizen renewable energy projects for women: Evidence from a choice experiment in Germany

IF 6.9 2区经济学

Energy Research & Social Science Pub Date : 2025-04-24 DOI: 10.1016/j.erss.2025.104064

Melanie Vogel , Celina Kacperski , Mona Bielig , Sonja Klingert , Florian Kutzner

引用次数: 0

Switching from postpaid to prepaid meters and electricity consumption in Ghana

IF 3.8 3区经济学

Utilities Policy Pub Date : 2025-04-24 DOI: 10.1016/j.jup.2025.101949

Kwami Adanu , Wisdom Akpalu , Eric Kuada

引用次数: 0

Economic effects in wholesale electricity markets from endogenous long-term forward contracts indexed to spot conditions

IF 3.8 3区经济学

Utilities Policy Pub Date : 2025-04-24 DOI: 10.1016/j.jup.2025.101946

Camilo A. Gallego

{"title":"Economic effects in wholesale electricity markets from endogenous long-term forward contracts indexed to spot conditions","authors":"Camilo A. Gallego","doi":"10.1016/j.jup.2025.101946","DOIUrl":"10.1016/j.jup.2025.101946","url":null,"abstract":"<div><div>This analysis examines the economic impact of endogenous forward contracts (EFCs) in wholesale electricity markets, where contract hedging adjusts to spot market conditions rather than remaining fixed. This study applies economic theory to model the effects of forward contracts on spot prices over time and develop an econometric strategy for evaluation. By applying this framework to the Colombian electricity market, we find that a 5% share of EFCs can raise spot prices by 23%, increasing consumer costs by more than $700 million annually. These effects may intensify during extreme weather events, such as El Niño, exposing risks in market design. Our findings challenge the assumption that forward contracts inherently enhance competition and price stability, showing that firms with market power can exploit them. Results remain robust and statistically significant under various scenarios, including different opportunity costs. These insights underscore the need for regulatory oversight to ensure forward contracting fosters competitive outcomes, providing a strong foundation for improving market regulation in Colombia and other jurisdictions.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"95 ","pages":"Article 101946"},"PeriodicalIF":3.8,"publicationDate":"2025-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143868224","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

The curse or blessing of natural resources: impact on entrepreneurship and gender dynamics in Sub-Saharan Africa

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-04-24 DOI: 10.1016/j.resourpol.2025.105588

Charles Bertin Pilag Kakeu , John William Seugue Nietcho , Christelle Moko Fodop , Metchouani Jasmine Patience

{"title":"The curse or blessing of natural resources: impact on entrepreneurship and gender dynamics in Sub-Saharan Africa","authors":"Charles Bertin Pilag Kakeu , John William Seugue Nietcho , Christelle Moko Fodop , Metchouani Jasmine Patience","doi":"10.1016/j.resourpol.2025.105588","DOIUrl":"10.1016/j.resourpol.2025.105588","url":null,"abstract":"<div><div>The study examined the effect of natural resource abundance on entrepreneurship in Sub-Saharan Africa (SSA), with a particular focus on gender dynamics. Empirical analyses were conducted using econometric methods such as ordinary least squares; generalized moments, Driscoll and Kraay; and quantile regression for a panel of 47 African economies between 1990 and 2023. The results show that the abundance of natural resources has a positive effect on entrepreneurship for both men and women, although this effect is more pronounced for women. However, when natural resource is disaggregated into different type of resources, the impact become greater on male entrepreneurship than on female entrepreneurship. Furthermore, the results indicate an inverted U-shaped relationship between the abundance of natural resources and entrepreneurship. The study also highlights the crucial role of institutions in modulating the effect of natural resources on entrepreneurship and gender dynamic. Countries with better quality institutions, particularly those that fight corruption and ensure political stability; who put in place targeted policies to reduce inequalities in access to natural resources; who put in place programs to encourage female entrepreneurship in the natural resources sector; are better able to take advantage of natural resources to stimulate entrepreneurship. This study contributes to the stream of research that attempts to challenge the natural resource curse hypothesis by clarifying the conditions that enable African countries to evolve into more sustainable economies.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"105 ","pages":"Article 105588"},"PeriodicalIF":10.2,"publicationDate":"2025-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143870475","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

Innovation and capital

IF 10.4 1区经济学

Journal of Financial Economics Pub Date : 2025-04-24 DOI: 10.1016/j.jfineco.2025.104029

Daniel C. Fehder , Naomi Hausman , Yael V. Hochberg

{"title":"Innovation and capital","authors":"Daniel C. Fehder , Naomi Hausman , Yael V. Hochberg","doi":"10.1016/j.jfineco.2025.104029","DOIUrl":"10.1016/j.jfineco.2025.104029","url":null,"abstract":"<div><div>Using a regime change in the commercialization of university innovation in 1980 that strongly increased university incentives to patent and license discoveries, we document that an increase in the supply of commercializable innovation attracts venture capital investment to the region. The Bayh-Dole Act shifted ownership of intellectual property stemming from federally-funded research from the federal government to universities, spurring technology transfer into the local area. Because universities have different technological strengths, each local area surrounding a university experienced an increase after 1980 in commercializable innovation relevant to particular sets of industries which differed widely across university counties. Comparing industries within a county that were more versus less related to the local university's innovative strengths, we show that venture capital dollars after 1980 flowed systematically towards geographic areas and industries affected most by the sudden influx of commercializable innovation from universities. These results persist even when controlling for ex ante geographic and industry distributions of corporate patenting and prior venture financing. The findings support the notion that increased supply of commercializable innovation serves to draw private capital investment to a region.</div></div>","PeriodicalId":51346,"journal":{"name":"Journal of Financial Economics","volume":"169 ","pages":"Article 104029"},"PeriodicalIF":10.4,"publicationDate":"2025-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143863594","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

Urban–rural differences in residents' low-carbon behavioral drive: An empirical study based on an extended theory of planned behavior

IF 6 1区经济学

Cities Pub Date : 2025-04-24 DOI: 10.1016/j.cities.2025.106012

Hongmei Weng , Minjun Shi , Cassandra C. Wang , Jia Chen , Zhelin Li

{"title":"Urban–rural differences in residents' low-carbon behavioral drive: An empirical study based on an extended theory of planned behavior","authors":"Hongmei Weng , Minjun Shi , Cassandra C. Wang , Jia Chen , Zhelin Li","doi":"10.1016/j.cities.2025.106012","DOIUrl":"10.1016/j.cities.2025.106012","url":null,"abstract":"<div><div>While the urgent need to change residents' behaviors to achieve low-carbon societies is widely recognized, it is still unclear how urban and rural differences affect low-carbon behavioral drivers. This study investigated the mental factors of low-carbon behavior by extending the theory of planned behavior (TPB) to develop an integrated framework incorporating ingroup and outgroup norms. The structural equation model and multiple linear regression analyses were subsequently conducted with data from 5763 surveys conducted in Zhejiang, China. The results show that perceived behavioral control and environmental attitudes strongly predict low-carbon behaviors. Furthermore, ingroup and outgroup norms indirectly influence low-carbon behavior by shaping environmental attitudes. Crucially, our findings reveal a significant urban–rural disparity in which norm conflict negatively moderates the attitude–behavior relationship in urban areas but not in rural areas. The findings expand the knowledge about social psychological drivers that influence low-carbon behavior in rural and urban areas and provide further insights into the driving forces and resistance in low-carbon governance.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"163 ","pages":"Article 106012"},"PeriodicalIF":6.0,"publicationDate":"2025-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143864905","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

Teaching with FRED and active-learning methods in introductory economics courses

IF 1.3 4区经济学

International Review of Economics Education Pub Date : 2025-04-24 DOI: 10.1016/j.iree.2025.100314

Laura J. Ahlstrom , Diego Mendez-Carbajo

引用次数: 0

Housing finance and inequality: Mortgage debt in urban China

IF 6.5 1区经济学

Habitat International Pub Date : 2025-04-23 DOI: 10.1016/j.habitatint.2025.103411

Jinqiao Long , Liyuan Zhuang

{"title":"Housing finance and inequality: Mortgage debt in urban China","authors":"Jinqiao Long , Liyuan Zhuang","doi":"10.1016/j.habitatint.2025.103411","DOIUrl":"10.1016/j.habitatint.2025.103411","url":null,"abstract":"<div><div>Mortgage credit has played a central role in driving housing market dynamics. The differentiation of the mortgage market is an important embodiment of housing inequality and a dimension of social stratification. Using the Chinese Housing Consumption Survey (CHCS) data, this study aims to understand the temporal dynamics of the mortgage market and factors influencing access to housing finance in urban China, which offers important insights into housing inequality in transitional economies. Since 2013, the use of mortgage loans to achieve homeownership has become the dominant source of housing finance in urban China, with intergenerational transfers remaining crucial in influencing the development of the mortgage market. Considerable variation is found in Housing Provident Fund participation, access to mortgages and the type of mortgage among different demographic and socio-economic groups. Institutional features, such as hukou status, hukou location, party membership and employer type are crucial for securing policy-based subsidies, influencing access to homeownership and therefore generating housing tenure inequality and housing wealth inequality. At the city level, state forces affect the acquisition of Housing Provident Fund loans, whereas market forces prompt reliance on commercial mortgage loans. The scrutiny of the housing finance systems contributes to the understanding of the formation of wealth inequality in transitional economies.</div></div>","PeriodicalId":48376,"journal":{"name":"Habitat International","volume":"161 ","pages":"Article 103411"},"PeriodicalIF":6.5,"publicationDate":"2025-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143863755","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

The assessment of nature-related risks: From ecosystem services vulnerability to economic exposure and financial disclosures

IF 6.6 2区经济学

Ecological Economics Pub Date : 2025-04-23 DOI: 10.1016/j.ecolecon.2025.108636

Alessandra La Notte , Alexandra Marques , Marco Petracco , Maria Luisa Paracchini , Mayra Zurbaran-Nucci , Ioanna Grammatikopoulou , Marialuisa Tamborra

{"title":"The assessment of nature-related risks: From ecosystem services vulnerability to economic exposure and financial disclosures","authors":"Alessandra La Notte , Alexandra Marques , Marco Petracco , Maria Luisa Paracchini , Mayra Zurbaran-Nucci , Ioanna Grammatikopoulou , Marialuisa Tamborra","doi":"10.1016/j.ecolecon.2025.108636","DOIUrl":"10.1016/j.ecolecon.2025.108636","url":null,"abstract":"<div><div>Nature-related risks can lead to financial losses. The connection between ecosystems and socioeconomic systems is complex and multifaceted. Ecosystem services are the ecological processes that serve human needs. The degree to which a specific ecological process fails to meet specific human needs could be a useful metric able to ground the cascade of risks to which companies, governments, financial institutions can be exposed. Linking the ecosystem services dimension and the risk dimension is the first step in building a framework that introduces ecosystems into sustainable finance. The growing need to factor nature into financial and business decisions prompted the formation of a Taskforce on Nature-related Financial Disclosures, meant to develop a risk management and disclosure framework to report and eventually act on nature-related risks and opportunities. This paper describes how to use the Integrated system for Natural Capital Accounts to measure and account for ecosystem vulnerability, which constitutes the first component of nature-related risk. Based on ecosystem vulnerability accounts, it is possible to also assess sectoral exposure to risk. Ecosystem vulnerability accounts could represent a valuable source of information for the TNFD, enabling it to assess impacts and dependencies. A case study of the agricultural sector in Europe is presented.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"235 ","pages":"Article 108636"},"PeriodicalIF":6.6,"publicationDate":"2025-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143860306","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

Drivers, barriers and policy options to renewable energy development in Native American communities: A systematic review

IF 6.9 2区经济学

Energy Research & Social Science Pub Date : 2025-04-23 DOI: 10.1016/j.erss.2025.104092

Chinedu C. Nsude , Shane Connelly , Firat Demir , Dingjing Shi , Katerina Tsetsura

{"title":"Drivers, barriers and policy options to renewable energy development in Native American communities: A systematic review","authors":"Chinedu C. Nsude , Shane Connelly , Firat Demir , Dingjing Shi , Katerina Tsetsura","doi":"10.1016/j.erss.2025.104092","DOIUrl":"10.1016/j.erss.2025.104092","url":null,"abstract":"<div><div>This paper reviews the existing literature on the adoption of renewable energy technologies (RETs) in reference to energy transition justice for Native American communities. Based on 31 journal articles published between 2003 and 2024, we identify twelve drivers categorized into four themes (technical, environmental, economic, and socio-cultural) and thirteen barriers classified into five themes (technical, environmental, policy, economic, and socio-cultural) to RETs development in Native American communities. We find that the socio-cultural theme is more prevalent than other themes across literature, showing that the socio-cultural dynamics are deeply rooted in the broader identity, history, and governance structures of Native American communities. Our study also finds that, among available RETs, wind energy is studied the most, followed by solar, biofuel, geothermal, and hydropower. Notably, topics on other renewables, such as hydrogen or ocean/tidal energy development in Native American communities, were the least studied. We highlight the need for additional research on all types of RETs based on energy needs, energy source preferences, and existing endowments of Native American communities. We argue that the additional research on these topics will also help foster resilient energy systems and energy sovereignty in Native American communities. Our findings further the scholarship regarding the drivers and barriers to RETs adoption, and develop strategies that Native Nations, RETs developers, and researchers can employ to ensure a just energy transition and sustainable development for Native American communities.</div></div>","PeriodicalId":48384,"journal":{"name":"Energy Research & Social Science","volume":"125 ","pages":"Article 104092"},"PeriodicalIF":6.9,"publicationDate":"2025-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143858695","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