Uncertainty-dependent and sign-dependent effects of oil market shocks

Submitted by Luat Do on
EfD Authors:

This paper investigates the uncertainty-dependent and sign-dependent effects of the oil market fundamental shocks, namely supply, aggregate demand and oil-specific demand shocks. We do so by first proposing a novel oil uncertainty index that is measured by the stochastic volatility of the unpredictable component of oil prices. We then employ a nonlinear model and find that the all reactions of oil production, real price of oil, and global economic activity to the structural shocks are regime-dependent.

Energy

Policy options for offshore wind power in Vietnam

Submitted by Luat Do on
EfD Authors:

This study assesses key barriers to offshore wind power (OWP) development in Vietnam and policy options for the development of the sector. A survey of 39 experts from government agencies, research institutions, industry, and civil society plus 22 follow-up interviews were conducted over January–September 2021, coupled with a broader analysis of key barriers and policy options.

Energy, Policy Design

Environmental Dilemma? Explicating Stakeholder Engagement in Kenyan Firms

Submitted by Jane Nyawira Maina on
EfD Authors:

Stakeholder pressure is among the pathways through which firms are being prodded to adopt environmental management practices. Owing to research paucity from the context of developing countries and overall inconclusiveness, this research investigates whether mimetic, normative, and cot11zercive pressures (which encompass stakeholder pressure) sway firms into adopting resource management and energy efficiency.

Energy, Policy Design