经济学最新文献_第7页

Multiple large shareholders, related-party transactions and accounting conservatism

IF 10.4 2区经济学

Finance Research Letters Pub Date : 2024-12-30 DOI: 10.1016/j.frl.2024.106714

Mengmeng Chen, Guoan Ye

引用次数: 0

How do economies decarbonize growth under finance-energy inequality? Global evidence

IF 12.8 2区经济学

Energy Economics Pub Date : 2024-12-30 DOI: 10.1016/j.eneco.2024.108172

Aviral Kumar Tiwari, Hai Hong Trinh, Diem Thi Hong Vo, Gagan Deep Sharma

{"title":"How do economies decarbonize growth under finance-energy inequality? Global evidence","authors":"Aviral Kumar Tiwari, Hai Hong Trinh, Diem Thi Hong Vo, Gagan Deep Sharma","doi":"10.1016/j.eneco.2024.108172","DOIUrl":"https://doi.org/10.1016/j.eneco.2024.108172","url":null,"abstract":"The study investigates the multidecade complexity between economic growth and carbon emissions across income groups and regions for 180 economies over the past decades. We find that the global economy has been decarbonizing its economic growth. The effects of growth on decarbonization are conditional on outcome distributions. The Paris Agreement (COP21) and renewable energy consumption (REC) are robust mechanisms toward green growth. Financial development (FD) presents its moderation to decarbonized growth. The study makes the following novel contributions to prior literature streams. First, complex GDP-CO2 nexuses are conditional on green factors and decarbonization is foremost for our global inclusive growth. Second, the friendliness of FD to the environment relies on green transition. It is worth noting that financial institutions and markets are exposed to climate risk drivers leading to our great challenge to promote green finance. Decarbonization is our global and constant efforts toward inclusive growth. Under finance-energy inequality, renewable energy capacity and finance are critical to decarbonized economic growth.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"128 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2024-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142968134","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

Cities under state capitalism

IF 4.7 1区经济学

Urban Studies Pub Date : 2024-12-30 DOI: 10.1177/00420980241303832

Gertjan Wijburg, Richard Waldron

{"title":"Cities under state capitalism","authors":"Gertjan Wijburg, Richard Waldron","doi":"10.1177/00420980241303832","DOIUrl":"https://doi.org/10.1177/00420980241303832","url":null,"abstract":"State interventions in urban development and planning are not new to state capitalism, even though intensifying ‘muscular’ state responses to urban challenges can now be observed across the entire geopolitical and urban landscape. This viewpoint explores this intensifying connection between state capitalism, the capitalist state and urban governance. It argues that for strategic geopolitical and economic reasons states increasingly govern, regulate, manage and own parts of the urban built environment. However, regulatory intervention in the city cannot be mistaken for a return to the post-war development state which strongly focused on promoting spatial development and industrial policy and protecting social welfarism and labour conditions. Rather, the new state capitalism is about proactive market intervention so that states and their partners can profit from the growth, wealth and revenue that cities have to offer. As for that, this commentary concludes with four avenues for future research at the boundaries of state capitalism and urban governance. Examples from cities in the Global North, Global South and Global East are given to illustrate the broader argument. Shifting geopolitics are also discussed as a driver of state rescaling and reterritorialisation.","PeriodicalId":51350,"journal":{"name":"Urban Studies","volume":"45 1","pages":""},"PeriodicalIF":4.7,"publicationDate":"2024-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142908487","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

Feedback and cooperation: An Experiment in sorting behavior

IF 7 2区经济学

Ecological Economics Pub Date : 2024-12-30 DOI: 10.1016/j.ecolecon.2024.108505

Noémi Berlin, Mamadou Gueye, Stéphanie Monjon

{"title":"Feedback and cooperation: An Experiment in sorting behavior","authors":"Noémi Berlin, Mamadou Gueye, Stéphanie Monjon","doi":"10.1016/j.ecolecon.2024.108505","DOIUrl":"https://doi.org/10.1016/j.ecolecon.2024.108505","url":null,"abstract":"In this paper, we use a laboratory experiment to analyze the effect of information provision (feedback) on individual sorting behavior. Effective sorting requires both quantity and quality, yet increasing quantity may reduce quality due to the higher risk of contamination. We conduct a collective sorting behavior experiment consisting of a two-stage coordination game in which two subjects are paired and then individually decide whether or not to participate in a collective sorting task. The performance achieved depends on the quantity and quality of sorting, and the payoff depends on the decision and performance of both subjects in the task. Information about the subject’s own past performance, and information about the partner’s past performance, are included as feedback treatments. Using a between-subjects experimental design, we find that the feedback type has very different effects on participation, performance and coordination (defined as both subjects succeeding in the sorting task). Only feedback about one’s own performance leads to better performance and more coordination. Although this experiment is not contextualized, the results provide useful pointers for waste sorting policies.","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"388 1","pages":""},"PeriodicalIF":7.0,"publicationDate":"2024-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142925046","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

A simulation model for imbalance costs of renewable energy aggregators: The case of Greek balancing market

IF 12.8 2区经济学

Energy Economics Pub Date : 2024-12-29 DOI: 10.1016/j.eneco.2024.108155

Filippos Ioannidis, Tatiani Georgitsioti, Kyriaki Kosmidou, Constantinos Zopounidis, Kostas Andriosopoulos

{"title":"A simulation model for imbalance costs of renewable energy aggregators: The case of Greek balancing market","authors":"Filippos Ioannidis, Tatiani Georgitsioti, Kyriaki Kosmidou, Constantinos Zopounidis, Kostas Andriosopoulos","doi":"10.1016/j.eneco.2024.108155","DOIUrl":"https://doi.org/10.1016/j.eneco.2024.108155","url":null,"abstract":"The increased penetration of renewable energy sources in Europe has accelerated the participation of aggregators in the wholesale electricity markets. Those participants are responsible for market representation and act as balancing responsible parties for any volume deviation between forecast and actual generation. The Greek Balancing Market is used as a case study, since it is considered as one of the most rapidly growing renewable energy markets across Europe. In this paper, we develop a simulation model able to capture the financial impact of non-compliance charges burdened by aggregators of different size including national terms and conditions. The analysis is also applied to a stressed scenario by assuming marginal deviation above their regulated tolerance limits. Results indicate that for aggregators with market share greater than 5 %, by assuming a double increase in GWh of their annual deviation, would eventually lead to four times higher non-compliance charges. Likewise, an aggregator with capacity of 550 MW would encounter annual non-compliance charges ranging from 1 million € to 2.7 million € for a deviation range of 5 % to 6.5 %. Those findings indicate significant balancing costs burdened by aggregators that jeopardize their long-term viability and eventually the whole market's operation. This is the first paper to empirically capture the complexity of aggregators market in Greece and highlights the necessity to adjust the current electricity market framework by regulators and policymakers.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"82 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142929183","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

What moves farmland markets: decomposing the price surge in eastern Germany

IF 3.4 2区经济学

European Review of Agricultural Economics Pub Date : 2024-12-28 DOI: 10.1093/erae/jbae029

Tim Hainbach, Silke Hüttel, Axel Werwatz

引用次数: 0

How do digitalizing ICT and supply chain globalization affect renewable energy in ASEAN nations? The mediating role of sustainable environmental practices using the MMQR and PCSEs model

IF 12.8 2区经济学

Energy Economics Pub Date : 2024-12-28 DOI: 10.1016/j.eneco.2024.108166

Jingping Chen, Chunzi Zhao, Shuang Liu, Yuchen Li

{"title":"How do digitalizing ICT and supply chain globalization affect renewable energy in ASEAN nations? The mediating role of sustainable environmental practices using the MMQR and PCSEs model","authors":"Jingping Chen, Chunzi Zhao, Shuang Liu, Yuchen Li","doi":"10.1016/j.eneco.2024.108166","DOIUrl":"https://doi.org/10.1016/j.eneco.2024.108166","url":null,"abstract":"The rapid growth of global energy demands and heightened environmental concerns highlight the critical need to transition to renewable energy sources. Identifying the influence of digitalization of ICT and global supply chains on sustainable practices to mitigate environmental impacts is crucial. This study aims to fill the research gap by examining the effects of manufacturing, digitalization of ICT, supply chain globalization, trade, and GDP on renewable energy consumption in the ASEAN countries. Utilized the Method of Moment Quantile Regression (MMQR) and Prais-Winsten regression with Panel-Corrected Standard Errors (PCSEs) to analyze data from 1995 to 2023. The MMQR results show that manufacturing has overall positive effects at lower quantiles, while digital ICT and supply chain globalization have negative effects across all quantiles. Trade shows an insignificant impact on renewable energy, while economic growth shows a negative effect at higher quantities. The PCSEs model shows stronger negative effects of supply chain globalization and trade on renewable energy consumption. Such effects highlight the need for policy efforts to target the incorporation of renewable energy because of the manifold impacts of economic processes and technology developments.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"88 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2024-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142968125","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

What is the value of agrobiodiversity in southern Europe?

IF 3.4 2区经济学

European Review of Agricultural Economics Pub Date : 2024-12-28 DOI: 10.1093/erae/jbae035

Lea Nicita, Robert Mendelsohn

引用次数: 0

No shortfall of ES estimators: Insights from cryptocurrency portfolios

IF 10.4 2区经济学

Finance Research Letters Pub Date : 2024-12-28 DOI: 10.1016/j.frl.2024.106685

Matúš Horváth, Tomáš Výrost

引用次数: 0

Winners and losers of the EU carbon border adjustment mechanism. An intra-EU issue?

IF 12.8 2区经济学

Energy Economics Pub Date : 2024-12-27 DOI: 10.1016/j.eneco.2024.108139

Marco Amendola

{"title":"Winners and losers of the EU carbon border adjustment mechanism. An intra-EU issue?","authors":"Marco Amendola","doi":"10.1016/j.eneco.2024.108139","DOIUrl":"https://doi.org/10.1016/j.eneco.2024.108139","url":null,"abstract":"The paper develops a Multi-Regional Input–Output analytical framework to study the EU’s recently adopted carbon border adjustment mechanism (CBAM). This policy introduces carbon tariffs to replace free allowances in several Emission Trading System (ETS) industries to reinforce and extend the EU carbon price signal while mitigating the risk of carbon leakage. Yet, the policy has prompted immediate international equity concerns, particularly regarding its potential burden-shifting effect, especially on low-income countries. In this context, the analysis provides a comprehensive examination of the distributional impacts of the EU CBAM, shedding light on the countries and industries most affected by the policy. Contrary to the apprehensions, the findings indicate limited evidence of burden shifting, with such a phenomenon being confined to a few specific geographical areas and industries. Instead, the results unveil more pronounced redistributive impacts within the EU, with certain Eastern EU countries facing particular losses from replacing free allowances with CBAM. Adverse competitiveness effects and carbon leakage in various downstream industries are also identified.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"41 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2024-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142889254","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