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Full-Text Articles in Social and Behavioral Sciences

Topics In Energy, Trade And Environmental, And Public Economics, Ivan Peter Anich May 2024

Topics In Energy, Trade And Environmental, And Public Economics, Ivan Peter Anich

Doctoral Dissertations

This dissertation consists of three papers, one each in energy economics, the environment and trade, and public economics. The first chapter generalizes the classical concept of the Lindahl allocation, a normative standard by which a theoretical provision of public goods is judged. The generalization, called a Generalized Lindahl Equilibrium (GLE), requires a personalized tax schedule to be assigned to each consumer, rather than a single personalized tax. This allows for non-linear taxation, redistribution of consumer surplus, and a more `just' provision of public goods. The second chapter studies how trade policy and environmental policy affect the timing of adoption of …


Assessing Energy Mutual Funds: Performance, Risks, And Managerial Skills, Davinder K. Malhotra, Srinivas Nippani Feb 2024

Assessing Energy Mutual Funds: Performance, Risks, And Managerial Skills, Davinder K. Malhotra, Srinivas Nippani

School of Business Faculty Papers

This study investigates the risk-adjusted performance of energy equity mutual funds across a 23-year period, employing the Cumulative Wealth Index (CWI) to gauge their long-term performance relative to benchmark indices. Despite inherent volatility due to the energy sector’s cyclical nature, these funds consistently outperformed benchmarks based on monthly returns, showcasing resilience amid market fluctuations. However, challenges emerged during the COVID-19 pandemic, with notable improvements post-vaccination. Utilizing a multi-factor model, the research highlights the interconnectivity of energy equity mutual funds with broader market movements and systemic factors. Despite their primary focus on the energy sector, these funds exhibit sensitivity to larger …


Is Green The New Gold? Esg’S Influence On The Financial Performance Of The Energy And Mining Industries, Alexa De Vegvar Jan 2024

Is Green The New Gold? Esg’S Influence On The Financial Performance Of The Energy And Mining Industries, Alexa De Vegvar

CMC Senior Theses

The demand for Environment, Social, and Governance (ESG) reporting has increased in recent years. As the concern for climate change has moved to the forefront of the investment process, companies have needed to prioritize ESG in their operations. Previous literature addresses how ESG has benefited companies’ financial performance and increased shareholder value. The pandemic has proven to have positively impacted ESG reporting as social priorities shifted. However, studies have also shown that ESG reporting is too ambiguous to concretely display any relationship with financial performance. This thesis will analyze the impact of ESG and environmental data reporting on the Return …


Environmental And Socio-Economic Stress In The Mountain West, Ayda Atici, Caitlin J. Saladino, Fatma Nasoz, William E. Brown Jr. Aug 2023

Environmental And Socio-Economic Stress In The Mountain West, Ayda Atici, Caitlin J. Saladino, Fatma Nasoz, William E. Brown Jr.

Environment

This fact sheet examines data on environmental and socio-economic risk metrics including which metrics pose the most risk for Nevada counties.The data are retrieved from “System for the Triage of Risks from Environmental and Socio-Economic Stressors” created by the Massachusetts Institute of Technology (MIT) joint program on the science and policy of global change.


A Path To Achieve European Energy Security, Nicholas Wolf May 2023

A Path To Achieve European Energy Security, Nicholas Wolf

Student Theses 2015-Present

The apparatus of Europe’s energy security has collapsed. The Russian Federation’s invasion of Ukraine, hydrocarbon market turmoil, and the ever-growing threat of climate change has thrust the continent into crisis. As the risks of severe recession, acute energy shortages, and climatic disasters have begun to materialize, the member states of the European Union (EU) have been left scrambling to secure novel energy supplies. In the short-term, these developments pose severe risks to the EU and its member states. Yet, opportunity often presents itself in the midst of hardship, and the European Energy Crisis of 2022 is no different. This essay …


Interactive Effects Of Climate Change-Induced Range Shifts And Wind Energy Development On Future Economic Conditions Of The Atlantic Surfclam Fishery, Stephanie Stromp, Andrew M. Scheld, John M. Klinck, Daphne M. Munroe, Eric N. Powell, Roger Mann, Sarah Borsetti, Eileen E. Hofmann Jan 2023

Interactive Effects Of Climate Change-Induced Range Shifts And Wind Energy Development On Future Economic Conditions Of The Atlantic Surfclam Fishery, Stephanie Stromp, Andrew M. Scheld, John M. Klinck, Daphne M. Munroe, Eric N. Powell, Roger Mann, Sarah Borsetti, Eileen E. Hofmann

CCPO Publications

Rising water temperatures along the northeastern U.S. continental shelf have resulted in an offshore range shift of the Atlantic surfclam Spisula solidissima to waters still occupied by ocean quahogs Arctica islandica. Fishers presently are prohibited from landing both Atlantic surfclams and ocean quahogs in the same catch, thus limiting fishing to locations where the target species can be sorted on deck. Wind energy development on and around the fishing grounds will further restrict the fishery. A spatially explicit model of the Atlantic surfclam fishery (Spatially Explicit Fishery Economics Simulator) has the ability to simulate the consequences of fishery displacement …


Pollution Emissions And Economic Growth In Asia Through The Lens Of The Environmental Kuznets Curve, Brian Jason H. Ponce, Yolanda T. Garcia, Gideon P. Carnaje, Agham C. Cuevas Dec 2022

Pollution Emissions And Economic Growth In Asia Through The Lens Of The Environmental Kuznets Curve, Brian Jason H. Ponce, Yolanda T. Garcia, Gideon P. Carnaje, Agham C. Cuevas

Journal of Economics, Management and Agricultural Development

The nonlinear relationship of pollution emissions with economic growth alongside energy consumption variables was examined to test the Environmental Kuznets Curve (EKC) hypothesis using a panel sample comprising 34 Asian economies from 2001 to 2013. Panel Autoregressive Distributed Lag models in the forms of Pooled Mean Group and Mean Group models were estimated and tested against one another using the Hausman test. For robustness checks, the same econometric techniques were applied to disaggregated panel groups based on income classifications. The study reveals that, while the EKC hypothesis holds in Asia, the findings were not robust across the disaggregated panel groups. …


Renewable Energy Legislation In Nevada: 2017 - 2021, Peter Grema, Zachary Walusek, Caitlin J. Saladino, William E. Brown Jr. Aug 2022

Renewable Energy Legislation In Nevada: 2017 - 2021, Peter Grema, Zachary Walusek, Caitlin J. Saladino, William E. Brown Jr.

Environment

The purpose of this fact sheet is to summarize legislative actions from the biennial 79th, 80th, and 81st Nevada Legislative Sessions (2017, 2019, and 2021) regarding solar energy production and state efforts to reach 50 percent energy production from renewable sources by 2030. By 2050, Nevada has a statutorily mandated obligation to be a net-zero carbon producer in fulfilling energy production needs from large scale utility services.


Sweating The Energy Bill: Extreme Weather, Poor Households, And The Energy Spending Gap, Jacqueline M. Doremus, Irene Jacqz, Sarah Johnston Mar 2022

Sweating The Energy Bill: Extreme Weather, Poor Households, And The Energy Spending Gap, Jacqueline M. Doremus, Irene Jacqz, Sarah Johnston

Economics

We estimate the relationship between temperature and energy spending for both low and higher-income U.S. households. We find both groups respond similarly (in percentage terms) to moderate temperatures, but low-income households’ energy spending is half as responsive to extreme temperatures. Consistent with low-income households cutting back on necessities to afford their energy bills, we find similar disparities in the food spending response to extreme temperature. These results suggest adaptation to extreme weather, such as air conditioning use, is prohibitively costly for households experiencing poverty.


Kentucky Annual Economic Report 2022, Michael W. Clark, James P. Ziliak, Simon Sheather Feb 2022

Kentucky Annual Economic Report 2022, Michael W. Clark, James P. Ziliak, Simon Sheather

Kentucky Annual Economic Report

This report is one of the important ways that the Center for Business and Economic Research fulfills its mission to examine various aspects of Kentucky’s economy as directed by the Kentucky Revised Statutes (KRS 164.738). The analysis and data presented here cover a variety of topics that range from a discussion of Kentucky’s current economic climate to a broad presentation of factors affecting the economy.

The report covers numerous dimensions of Kentucky’s economy including the effects of COVID-19. As the pandemic approaches its third year, COVID-19 continues to dominate the economic narrative. Many aspects of the economy have improved substantially …


College Street Journal (February 2022), College Of The Holy Cross Feb 2022

College Street Journal (February 2022), College Of The Holy Cross

College Street Journal

College Street Journal serves as a student platform for business-related news, opportunities and resources at Holy Cross. Readers will discover a broad range of important topics from relevant news and economic issues, career development opportunities and advice, as well as Ciocca center and campus-wide opportunities to grow outside of the classroom.

Highlights of this issue include energy, business of sports, inflation, an alumni interview with Frank Moran and a faculty editorial.


The New Solar Kiosk Model: A Sustainable Solution To Address The Uptake And Access Of Renewable Technologies To Create Energy Kiosks That Improve Women’S Income In Kiryandongo Refugee Settlement, Kiryandongo District, Northern Uganda., Musiimenta Joy Kellen Jan 2022

The New Solar Kiosk Model: A Sustainable Solution To Address The Uptake And Access Of Renewable Technologies To Create Energy Kiosks That Improve Women’S Income In Kiryandongo Refugee Settlement, Kiryandongo District, Northern Uganda., Musiimenta Joy Kellen

Regis University Student Publications (comprehensive collection)

This thesis was carried out in the Kiryandongo Refugee Settlement in Northern Uganda to test a new model to improve access to clean energy technologies in the refugee settlement. The settlement hosts more than seventy-five thousand refugees, including the Internally Displaced Persons (IDPs) from the Bududa landslides in Eastern Uganda. The literature review shows the challenges faced in the humanitarian sector. The challenge is met in providing lighting and improved cooking technologies to all refugees in settlements and camps globally. The refugees tend to cut down trees in the surrounding forest, and the wood is used for firewood to cook …


Operating Solar Projects In Nevada, 2021, Kristian Thymianos, Saha Salahi, William E. Brown Jr. Aug 2021

Operating Solar Projects In Nevada, 2021, Kristian Thymianos, Saha Salahi, William E. Brown Jr.

Environment

The U.S. Energy Information Administration (EIA) and the Solar Energy Industries Association (SEIA) both provide national databases that contain comprehensive lists of active solar projects in the United States. This fact sheet provides a list of operating solar projects in the State of Nevada.


Small Commercial And Industrial Electricity Consumption In Las Cruces, New Mexico, Andrew Taylor Yurachek Aug 2021

Small Commercial And Industrial Electricity Consumption In Las Cruces, New Mexico, Andrew Taylor Yurachek

Open Access Theses & Dissertations

Research examining small commercial and industrial electricity usage patterns have historically received less attention than residential electricity consumption patterns. This study examines electricity as an input to commercial and industrial production in Las Cruces, New Mexico using annual frequency data from 1978 to 2018. Those data examined include labor, per capita personal income, price measures for electricity and natural gas, and weather variables. The long-run and short-run elasticities of the data are then estimated using an autoregressive distributed lag model (ARDL). In the long run, CIS customers in Las Cruces respond to natural gas a complimentary good, and the derived-demand …


Addressing The Energy Air Pollution Within The Ohio Area, Travis Mcconnell Apr 2021

Addressing The Energy Air Pollution Within The Ohio Area, Travis Mcconnell

Student Papers in Local and Global Regional Economies

Air pollution is the byproduct of the burning of fossil fuels and is a major issue within the Ohio area because of the lack of utilization of renewable and clean sources of energy. We emit tons and tons of pollutants into the environment each and every day, from when we hop in our cars or even when we simply turn on the lights in our homes. Essentially, anything that requires energy can be a cause of air pollution within the ecosystem. However, it may be the case that it is time that we change our ways and try to conserve …


An Economic Analysis Of Appalachian Power Industry Ecosystems County-Level Pie Supply Chain Analysis, Randall Jackson, Péter Járosi Jan 2021

An Economic Analysis Of Appalachian Power Industry Ecosystems County-Level Pie Supply Chain Analysis, Randall Jackson, Péter Járosi

Power Industry Ecosystem

This report describes an effort to provide for the Appalachian Region a clearer picture of the implications for the Power Industry Ecosystem (PIE) of power generating technology transitions and the geographical variations in PIE impacts. We develop and implement three measures that reveal meaningful characteristics of the PIE at the county level in terms of industry and place-based PIE dependence, changes in PIE-dependent employment, and susceptibility to impacts from a continued energy sector transition. We then use these three measures—Dependence, Impact, and Risk—to form a typology that we apply to identify and focus on counties in three identifiable categories: Hardship …


Opportunities And Obstacles In The Transition To A Distributed Network Of Rooftop Solar: A Multi-Method Approach, Steve M. Hall May 2020

Opportunities And Obstacles In The Transition To A Distributed Network Of Rooftop Solar: A Multi-Method Approach, Steve M. Hall

Boise State University Theses and Dissertations

This paper investigates the feasibility and viability of providing power to Ada County, Idaho, using a distributed network of rooftop solar photovoltaic panels. Using a multi-disciplinary and multi-method modeling approach, a detailed simulation is performed where existing structures are retro-fitted with grid-tied solar photovoltaic systems using currently available technology. Feasibility is determined using simulated supply and demand per building, while viability is determined through standard financial metrics used in the energy sector. A major critique of solar energy comes from the vast amounts of space required to efficiently capture solar power, along with the inefficiencies created by transmission loss and …


Maine Energy Overview, Mariya Pominova, Jonathan Rubin Jan 2020

Maine Energy Overview, Mariya Pominova, Jonathan Rubin

Economic Development

The state of Maine is a regional leader in renewable energy production and highly ranked nationally in proportion of renewable energy consumed. Maine is 3rd in the nation for highest percentage of renewable energy consumption as a share of state total (Maine State Energy Profile 2019). However, 61% of all primary energy consumed in Maine in 2017 was from non-renewable sources, about half of which were petroleum products. Because Maine does not have oil and natural gas reserves, it is reliant on oil and natural gas imports. This causes Maine to be subject to the volatility of national and …


The Impact Of Exogenous Shocks And Heterogeneity On Demand And Preferences Environmental And Resource Goods In The Southwestern United States, Kara A. Walter Jul 2019

The Impact Of Exogenous Shocks And Heterogeneity On Demand And Preferences Environmental And Resource Goods In The Southwestern United States, Kara A. Walter

Economics ETDs

The 2018 IPCC report declared damages from climate change rapidly approaching. This dissertation consists of three empirical studies employing unique data sets and three econometric methods. First, I consider energy portfolios; I find that political affiliation is not the strongest driving factor of heterogeneity. Second, I examine the impact of observable characteristics in explaining preferences for the environment and regulation; I find opinion on climate change is an important factor and that omitting it results in changes to the significance of other factors. Finally, I study the impact of wildfires on visitation to national parks; I find that in the …


Diaspora’S Role In Nepal’S Development: Summary Of The Forum Held At The Nepali National Convention. Baltimore, Md, Usa. July 5-7, 2019, Ambika P. Adhikari, Diwakar Dahal, Rajendra Khatiwada Jul 2019

Diaspora’S Role In Nepal’S Development: Summary Of The Forum Held At The Nepali National Convention. Baltimore, Md, Usa. July 5-7, 2019, Ambika P. Adhikari, Diwakar Dahal, Rajendra Khatiwada

Himalayan Research Papers Archive

Four major Nepalese community organizations, ANA, ANMA, BANA, and INLS jointly hosted the “Nepali National Convention 2019” in Baltimore, Maryland, USA during July 5 to 7, 2019. Eight other community-based organizations including Blood Donors of America, Society of American Nepalese Nurses, Nepalese Association of Florida, Nepal Pasa Pucha Amerikaye, America Nepal Women’s Association of Greater Washington, Nepal Education and Culture Center, America Nepal Society, and Association of Nepali Teraian in America were involved as co-hosts of the convention. Several other local organizations participated in support of the convention.

The Forum “Diaspora’s Role in Nepal’s Development” was held from 1:30-3:00 pm …


Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith May 2019

Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith

Master of Science in Energy Systems Management

This study has been performed to understand the potential impact that the Federal Energy Regulatory Commission’s (FERC) Order No. 841 will have on the adoption of energy storage resources (ESR). This analysis looked at: (1) the Order’s requirements, (2) FERC’s exercise of its authorized jurisdiction within the Order, and (3) actions taken by the Regional Transmission Organizations (RTO), Independent System Operators (ISO) and FERC to demonstrate compliance with the Order’s requirements:

Order No. 841 utilizes a participation model to ensure ESR’s are able to participate in wholesale electricity markets to an extent that is reflective of a resource’s physical and …


Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith May 2019

Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith

Master's Projects and Capstones

This study has been performed to understand the potential impact that the Federal Energy Regulatory Commission’s (FERC) Order No. 841 will have on the adoption of energy storage resources (ESR). This analysis looked at: (1) the Order’s requirements, (2) FERC’s exercise of its authorized jurisdiction within the Order, and (3) actions taken by the Regional Transmission Organizations (RTO), Independent System Operators (ISO) and FERC to demonstrate compliance with the Order’s requirements:

Order No. 841 utilizes a participation model to ensure ESR’s are able to participate in wholesale electricity markets to an extent that is reflective of a resource’s physical and …


Federal Regulations And U.S. Energy Sector Output, Joshua Hall, Shishir Shakya Jan 2019

Federal Regulations And U.S. Energy Sector Output, Joshua Hall, Shishir Shakya

Economics Faculty Working Papers Series

A large body of literature finds that the energy sector is important to economic growth and development. The production of energy has negative environmental impacts, however, which has resulted in the sector being highly regulated. While several studies examine the effect of particular regulations on the energy sector, in this study we use the recently developed measure of regulation called RegData to estimate the impact of federal regulations on the energy sector. We employ a panel ARDL model to find an inverted U-shaped relationship between federal regulations and U.S. energy sector output. Federal regulations appear to increase energy sector outputs …


The Economy Of Modern Sindh: Opportunities Lost And Lessons For The Future, Ishrat Husain, Aijaz A. Qureshi, Nadeem Hussain Jan 2019

The Economy Of Modern Sindh: Opportunities Lost And Lessons For The Future, Ishrat Husain, Aijaz A. Qureshi, Nadeem Hussain

Faculty Research - Books

The Economy of Modern Sindh delves into the different aspects of Sindh’s economy—from geography, topography, climate, administrative history, and demographics, to the political landscape, education, health, labour force and employment, poverty and inequality, agriculture and water issues, infrastructure, industries, energy resources, and public finances—each is covered in a separate chapter. The book highlights the socioeconomic problems that have beset Sindh, arresting the province’s economic potential, and proposes a multi-pronged strategy to address these challenges. It offers an incisive and objective assessment of the various policies enacted and pursued by the Sindh government over the years. It also attempts to identify …


Economic Impact Of Ethanol Biorefineries In The U.S. Midwest From 2001 To 2015: A Quasi-Experimental Approach, Scott W. Hall Jan 2019

Economic Impact Of Ethanol Biorefineries In The U.S. Midwest From 2001 To 2015: A Quasi-Experimental Approach, Scott W. Hall

Theses and Dissertations--Agricultural Economics

The objective of this dissertation is to analyze the economic impact of newly operational ethanol biorefineries on rural counties in the U.S. Midwest region for the period 2001 to 2015 using a quasi-experimental approach. Rapid growth in the ethanol industry expanded the number of ethanol plants located in the U.S. Midwest from 54 in 2001 to 173 in 2015. Out of the counties with 119 new ethanol biorefineries, 97 counties met the general treatment criteria defined in this dissertation, but only 56 of those counties qualified for the rural treatment criteria. Counties with ethanol biorefineries that qualified for treatment were …


Kuznets, Kaya, And Shapley: The Economic And Energetic Determinants Of Carbon Emissions And The Implications For Development And Environmental Policy, Heidi Garrett-Peltier Nov 2018

Kuznets, Kaya, And Shapley: The Economic And Energetic Determinants Of Carbon Emissions And The Implications For Development And Environmental Policy, Heidi Garrett-Peltier

PERI Working Papers

With global climate change becoming an increasingly pressing concern, the relationship between economic growth and environmental outcomes is as important as ever to understand, particularly in designing policies for low- and middle-income countries that incorporate both environmental and development objectives. The Environmental Kuznets Curve (EKC) shows the relationship between income and environmental outcomes. In this paper we examine the existence and shape of the EKC for 132 countries for the period 2000-2010. We add to the EKC literature by using the technique of Shapley Decomposition to assess Kaya identity factors for these 132 countries, grouped into income quartiles. The Kaya …


Sustainable Energy Transitions: Changing The ‘Business As Usual’ Trajectory In Sub-Saharan African Urban Areas, Mark Borchers, Megan Euston-Brown, Simon Bawakyillenuo, Alex Ndibwami, Simon Batchelor Oct 2018

Sustainable Energy Transitions: Changing The ‘Business As Usual’ Trajectory In Sub-Saharan African Urban Areas, Mark Borchers, Megan Euston-Brown, Simon Bawakyillenuo, Alex Ndibwami, Simon Batchelor

International Journal of African Development

This paper describes a novel approach to helping municipal authorities address the sustainable energy challenges associated with rapidly growing urban populations in Sub-Saharan Africa. Population in Africa is expected to double between 2010 and 2040, and substantial urban growth is expected in small and medium-sized cities where local government capacity constraints are most serious. A long-term partnership between municipal authorities, NGOs, and academics can build capacity, and a prescribed strategy can lead to progress on the ground. In order to contribute to future action, the paper argues for a greater role of local government in sustainable energy transitions, and presents …


Resource Nationalism And Energy Integration In Latin America: The Paradox Of Populism, Brian Hollingsworth Jun 2018

Resource Nationalism And Energy Integration In Latin America: The Paradox Of Populism, Brian Hollingsworth

FIU Electronic Theses and Dissertations

This dissertation examines the relationship between resource nationalism and energy integration, and uses Bolivia and Brazil as a test case. Essentially, does resource nationalism affect energy integration? The findings nest within more expansive questions on international political economy and export-driven models of development. Why do populist regimes, historically operating under an economic nationalist cum protectionist paradigm, simultaneously pursue policies of economic integration? What is the relationship between resource nationalists and open markets, especially in the hydrocarbons sector? What is the relationship between populists, who are typically resource nationalists, and their decision to choose policies of energy integration?

The most common …


Ecio Model Operators Guide, Randall Jackson, Péter Járosi Mar 2018

Ecio Model Operators Guide, Randall Jackson, Péter Járosi

Regional Research Institute Resource Documents

The National Energy Technology Laboratory (NETL)/ West Virginia University (WVU) Econometric Input-Output (ECIO) model is a time-series enabled hybrid econometric input-output (IO) model that combines the capabilities of econometric modeling with the strengths of IO modeling. The model was developed and designed specifically for estimating the income and employment impacts of the development and deployment of new energy technologies over a given forecast period. The ECIO model consists of a macroeconomic econometric model of the United States (U.S.) national economy and an inter-industry model that reflects the interdependence of all the industries in the economy. These two components have three …


Energy Resources And Its Present Use In India, S. Manjula Jan 2018

Energy Resources And Its Present Use In India, S. Manjula

International Review of Business and Economics

Energy is an essential ingredient for human life on earth. It is used in all activities of society, for preparing meals, making cloth, building house, industries and other activities. Human beings require energy at an increasing rate for their sustenance and well-being. The present study is an attempt to understand the details with types of energy use in India. The largest energy source is coal, followed by petroleum and traditional biomass. According to the 2011 Census, the household-level data indicates that only 55.3 per cent of rural homes used electricity as the primary source for lighting. Energy access, with about …