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The use of small-scale off-grid renewable energy for rural electrification is now seen as part of the sustainable energy solutions. The expectation from such small-scale investment is that it can meet…
| Peer Reviewed | South AfricaThe Gram-Charlier Expansion (GCE) of the Gaussian density under GARCH framework has been widely used to model the conditional dynamic higher moments. Compared with other generalized distributions…
| Peer Reviewed | ChinaWe propose a closed-form pricing formula for the Chicago Board Options Exchange Volatility Index (CBOE VIX) futures based on the classic discrete-time Heston–Nandi GARCH model. The parameters are…
| Peer Reviewed | ChinaThis article contributes to a growing body of empirical literature relating credit constraints and incomplete insurance to investment decisions. We use panel data from rural Ethiopia to investigate…
| Peer Reviewed | Global Hubthis study uses a randomized experiment in rural Ethiopia to test on how quickly energy efficient technology (an improved stove) is put in use after the technologies is disseminated. We evaluate two…
| Peer Reviewed | Ethiopia, Global HubWe used locally-sourced and other relevant information to value ecosystem services provided by South Africa's terrestrial, freshwater and estuarine habitats. Our preliminary estimates suggest that…
| Peer Reviewed | South AfricaThere is growing interest in promoting the use of Ecosystem-based Adaptation (EbA) practices to help smallholder farmers adapt to climate change, however there is limited information on how commonly…
| Peer Reviewed | Central AmericaThe long-run relationship between carbon dioxide emissions from energy use and economic activity level is estimated for Uruguay between 1882 and 2010. We apply cointegration techniques and estimate a…
| Peer Reviewed | Central AmericaSpillovers can significantly reduce or enhance the net effects of land-use policies, yet there exists little rigorous evidence concerning their magnitudes. We examine how Costa Rica’s national parks…
| Peer Reviewed | Central AmericaConservation programs have increased significantly, as has the evaluation of their impacts. However, the evaluation of their potential impacts beyond program borders has been scarce. Such spillovers…
| Peer Reviewed | Central America