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The share of the global energy mix: Signs of convergence?
In: Bulletin of economic research, Band 73, Heft 1, S. 34-50
ISSN: 1467-8586
AbstractThis paper investigates the convergence behaviour regarding the share of global energy mix, as measured by primary energy consumption. Recent studies that employ stationary tests of panel data suggest that such data support the convergence hypothesis; however, some drawbacks exist, as these studies rely on methods that do not necessarily imply a sufficient condition for convergence. This paper adopts the concept of relative convergence as proposed by Phillips and Sul (2007), which employs a time‐varying, idiosyncratic component. We choose to focus on various sources' global primary energy consumption and investigate the long‐ run dynamic behaviour by source. The key finding of this paper is that two distinct clubs of convergence of energy can be determined: renewable and non‐renewable energy clubs of convergence.
Convergence in ASEAN
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Connectedness Between Central Bank Digital Currency Index, Financial Stability and Digital Assets
In: Journal of International Financial Markets, Institutions and Money, 2024
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Do returns and volatility spillovers exist across tech stocks, cryptocurrencies and NFTs?
In: Heliyon, Forthcoming
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Connectedness between Central Bank Digital Currency, Financial Stability and Digital Assets
In: INTFIN-D-23-00413
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The dynamics of income inequality in Africa: an empirical investigation on the role of macroeconomic and institutional forces
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 157, S. 1-14
World Affairs Online
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An Impact Investment Strategy
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Microfinance and Household Poverty Reduction: Empirical Evidence from Rural Pakistan
In: Oxford development studies, Band 43, Heft 1, S. 84-104
ISSN: 1360-0818
Microfinance and Household Poverty Reduction: Empirical Evidence from Rural Pakistan
In: Oxford development studies, Band 43, Heft 1, S. 84-104
ISSN: 1469-9966
Stock returns, industry concentration and firm expenditure decisions
In: Journal of economics and business, S. 106195
ISSN: 0148-6195