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Full-Text Articles in Economics

Nebraska Business And Consumer Confidence Indexes: March 9, 2018, Eric Thompson Mar 2018

Nebraska Business And Consumer Confidence Indexes: March 9, 2018, Eric Thompson

Leading Economic Indicator Reports

Nebraska consumer and business confidence fell during February 2018, dropping from the near-peak levels seen in January. The Consumer Confidence Index – Nebraska (CCI-N) fell to 101.6 in February from a value of 115.2 in January. The February value remains above the neutral level of 100.0. The Business Confidence Index – Nebraska (BCI-N) fell to 107.4 In February from 112.2 in January. Both monthly readings were well above the neutral value of 100.0 suggesting that business confidence remains strong. When asked about the most important issue facing their business, customer demand was mentioned by 38 percent of respondents. But, there …

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Entrepreneurship Education Empowers Youth To Change Their Lives, Marianna Brashear, Jason Riddle Mar 2018

Entrepreneurship Education Empowers Youth To Change Their Lives, Marianna Brashear, Jason Riddle

National Youth Advocacy & Resilience Conference

The Foundation for Economic Education (FEE) aims at equipping Title 1 schools with free, hands-on, engaging materials that any teacher can facilitate either individually or in a classroom setting with no background in entrepreneurship necessary. These versatile lessons, courses, and workshops teach the entrepreneurial mindset optimizing opportunities for grades 8-12 students no matter which life/career path they choose.

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Organizational Citizenship Behavior--A Study Of The Telecom Industry, Upasna Joshi Sethi Ph.D. Mar 2018

Organizational Citizenship Behavior--A Study Of The Telecom Industry, Upasna Joshi Sethi Ph.D.

International Review of Business and Economics

Organizational Citizenship behavior is a person’s voluntary commitment within an organization which is not part of the contractual tasks. Various studies suggested that engaging in OCB can enrich the work lives of employees. The Current Paper aimed to study five dimensions of Organizational Citizenship Behavior of employees in Telecom industry. For the study a sample size of 500 employees who are working in Telecom sector was selected using Snowball Sampling Technique in the areas of Chandigarh, Panchkula and Mohali. The scale used for the purpose of measuring the responses of the employees for Organizational Citizenship Behavior is the one developed …

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Cash Shortages And Black Money: A Look At India's 2016 Demonetization Effect, One Year Later, Amitabh S. Dutta Ph.D., Kishore G. Kulkarni Ph.D. Mar 2018

Cash Shortages And Black Money: A Look At India's 2016 Demonetization Effect, One Year Later, Amitabh S. Dutta Ph.D., Kishore G. Kulkarni Ph.D.

International Review of Business and Economics

The decision of demonetization announcement in November 2016, by the Prime Minister of India, Mr. Narendra Modi, was surprising to the general public and controversial to the economic thinkers. While the opponents of such a step have gone through actual calculation of the cost of demonetization in terms of potential GDP loss (2% as predicted by the former Prime Minister and Oxford Economist, Manmohan Singh) some supporters have pointed out the big benefits of this step. In recent days a talk of demonetization has become a “hot potato” that very few want to hold on to. Politically this has become …

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Colossal Insurance Sector Of India, Anuradha Prasad More Mar 2018

Colossal Insurance Sector Of India, Anuradha Prasad More

International Review of Business and Economics

Insurance sector has its roots in the Indian economy since 1818 when the first insurance company Oriental Life insurance was established at Calcutta [now Kolkata]. Even the reference can be found in the form of marine adventure trade loans and carrier’s contracts. Industry started taking shape during the British reigning. Since then the insurance industry has undergone the various reforms/changes. Enactment of Insurance Act 1938, nationalization of Life insurance sector in the year 1956, General insurance Sector in the year 1972 and again with the recommendation of Malhotra Committee Report insurance sector reopened for private players in the year 1999. …

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Idiosyncratic Risk And Returns: The Case For A More Efficient Class Of Estimators, Mohinder Parkash, Rajeev Singhal, Yun Ellen Zhu Mar 2018

Idiosyncratic Risk And Returns: The Case For A More Efficient Class Of Estimators, Mohinder Parkash, Rajeev Singhal, Yun Ellen Zhu

International Review of Business and Economics

Volatility is a key input into many important financial decisions. Therefore, accurateforecast of volatility plays animportant role in making these decisions. Typically, volatility is forecast using realized volatility computed from closing stock prices. Employing expectation of volatilitiessuch calculated, several papers find that expected idiosyncratic risk is positively associated with contemporaneous returns. Yang and Zhang [2000] show that estimators belonging to the class of range-based estimators are more efficient than the estimators derived only from closing prices. Using the more efficient range-based volatility estimates, we find no evidence to support the hypothesis that idiosyncratic risk explains returns.

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2018 Updated Tables And Figures For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters Mar 2018

2018 Updated Tables And Figures For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters

Extension Farm and Ranch Management News

No abstract provided.

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Migration From Mexico To The Us: The Impacts Of Nafta On Mexico And The United States And What To Do Going Forward, Ashley A. Elsasser Mar 2018

Migration From Mexico To The Us: The Impacts Of Nafta On Mexico And The United States And What To Do Going Forward, Ashley A. Elsasser

International Review of Business and Economics

Research indicates four main causes for migration from Mexico to the United States: Incredibly high crime rates, unemployment, poverty rates, and natural disasters. The first two are especially important in regards to trade between the two border sharing countries. Since agreeing to virtually total free trade, the United States has been able to take advantage of Mexico in such a way that has created further deterioration of the state. If the government of Mexico cannot resurrect the thousands of personal business that were effected do to NAFTA, the U.S. cannot expect for migration from Mexico to deteriorate or halt. By …

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Co-Integration Between Savings And Investment In India And The Us: An Econometric Analysis Of Feldstein-Horioka Hypothesis, Narender Thakur Ph.D., Vishnu Das Gupta Mar 2018

Co-Integration Between Savings And Investment In India And The Us: An Econometric Analysis Of Feldstein-Horioka Hypothesis, Narender Thakur Ph.D., Vishnu Das Gupta

International Review of Business and Economics

This paper econometrically tests the Feldstein-Horioka hypotheses. It uses the domestic savings and domestic investments variables in India and the US in the period 1960- 2014. The Feldstein-Horioka hypotheses states that the cointegration relationship between domestic savings and domestic investments weakens in a country with higher foreign capital mobility and vice-versa. We find that the co-integration relation between the two time-series variables is weakened in the case of the US economy as compared to the Indian economy. These results have policy implications for India as it is opening itself up more to inward foreign investment.

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Democratizing Innovation: How Consumer Electronics Is Revolutionizing Rocketscience, Abhith Pallegar Mar 2018

Democratizing Innovation: How Consumer Electronics Is Revolutionizing Rocketscience, Abhith Pallegar

International Review of Business and Economics

The traditional flow of cutting-edge technologies observed over the last 100 years was from government supported defense space to its broader application in the civilian domain. We have seen technology flow into consumer products years after its introduction in defense applications. Most common examples of this movement were the invention and incubation of the Internet and Global Positioning System in prestigious national labs, which later trickled down to benefit millions. But there seems to be a shift in the tide of innovation where consumer market has been influential in developing a range of technologies which have flown the other way …

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Corporate Governance And Accounting Information Disclosure In The Nigerian Banking Sector, Igbekoyi Olusola Esther, Agbaje Wale Henry Mar 2018

Corporate Governance And Accounting Information Disclosure In The Nigerian Banking Sector, Igbekoyi Olusola Esther, Agbaje Wale Henry

International Review of Business and Economics

The study examine the effect of corporate governance on the quality of accounting information disclosed in Nigerian banks. The study covers banks that are quoted in the Nigeria Stock Exchange. Data were collected from secondary sources using the annual reports and factbook of selected banks during the period of 2006-2015. Data collected were analyzed using statistical tools; unit root, co-integration and error correction model. The corporate governance indices used in the study include; Audit committee meeting (ACM), Audit committee qualification (ACQ), Board size (BS), Directors in audit committee (DAC), Ownership structure (OS) and Corporate board members (CBM). The study revealed …

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India's Higher Educator Sector: Challenges And Opportunities, Anand Kulkarni Mar 2018

India's Higher Educator Sector: Challenges And Opportunities, Anand Kulkarni

International Review of Business and Economics

For both developed and emerging economies, knowledge and innovation will increasingly drive competitive advantage, according to a great deal of analysis conducted by the OECD and other Institutions. Higher Education is a key component of future competitive advantage in the knowledge and innovation spheres. This paper will examine the challenges and opportunities for the Indian Higher Education Sector, as it grapples with meeting the needs of a changing economy, and providing access and opportunity for millions of its population. Drawing on a variety of data sources and benchmarking India against a number of nations around the world, this paper contends …

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House Price And Co-Residence With Older Parents: Evidence From China, Daichun Yi, Xiaoying Deng, Gang-Zhi Fan, Seow Eng Ong Mar 2018

House Price And Co-Residence With Older Parents: Evidence From China, Daichun Yi, Xiaoying Deng, Gang-Zhi Fan, Seow Eng Ong

Research Collection Lee Kong Chian School Of Business

Numerous Chinese families choose to reside together with their elderly parents due to the considerable impacts of conventional values such as filial duty in Chinese society. However, as house prices rocketed up in major Chinese cities over the past decade, this arrangement is facing a sizeable challenge, therefore also raising new research question about it. This paper attempts to investigate the phenomenon of co-residence of adult children with their elderly parents in China. Using the 2013 data of China Household Finance Survey (CHFS), we document that house price is indeed a significant determinant for the pattern of intergenerational co-residence. Our …

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Resource Scarcity, Effort, And Performance In Physically Demanding Jobs: An Evolutionary Explanation, Marko Pitesa, Stefan Thau Mar 2018

Resource Scarcity, Effort, And Performance In Physically Demanding Jobs: An Evolutionary Explanation, Marko Pitesa, Stefan Thau

Research Collection Lee Kong Chian School Of Business

Based on evolutionary theory, we predicted that cues of resource scarcity in the environment (e.g., news of droughts or food shortages) lead people to reduce their effort and performance in physically demanding work. We tested this prediction in a 2-wave field survey among employees and replicated it experimentally in the lab. In Study 1, employees who perceived resources in the environment to be scarce reported exerting less effort when their jobs involved much (but not little) physical work. In Study 2, participants who read that resources in the environment were scarce performed worse on a task demanding more (carrying books) …

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Research Note: Investor Perceptions Of Comparable-To-Industry Versus Higher-Than-Industry Pay Ratio Disclosures, Khim Kelly, Jean Lin Seow Mar 2018

Research Note: Investor Perceptions Of Comparable-To-Industry Versus Higher-Than-Industry Pay Ratio Disclosures, Khim Kelly, Jean Lin Seow

Research Collection School Of Accountancy

The usefulness of the CEO-to-employee pay ratio disclosure to investors is subject to significant debate. Our experiment examines participant responses to higher-than-industry and comparable-to-industry pay ratio disclosures in a company. A prior experiment by Kelly and Seow (2016) (hereafter KS) found that incrementally disclosing a higher-than-industry pay ratio on top of higher-than-industry CEO pay had indirect negative effects on the company’s perceived investment potential, via negative perceptions about the fairness of the CEO pay and workplace climate. We find that the negative indirect effects of pay ratio disclosures on perceived investment potential in KS are replicable in our study, and …

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The Economic Impact Of Pilgrimage: An Economic Impact Analysis Of Pilgrimage Expenditures In Galicia, Elisabeth J.E Graave, Jeroen Klijs, Wim Heijman Feb 2018

The Economic Impact Of Pilgrimage: An Economic Impact Analysis Of Pilgrimage Expenditures In Galicia, Elisabeth J.E Graave, Jeroen Klijs, Wim Heijman

International Journal of Religious Tourism and Pilgrimage

In this article, we calculate the economic impact of pilgrimage to Santiago de Compostela in the NUTS 2 region Galicia (Spain) in 2010. This economic impact is relevant to policymakers and other stakeholders dealing with religious tourism in Galicia. The analysis is based on the Input-Output model. Location Quotient formulas are used to derive the regional Input-Output table from the national Input-Output table of Spain. Both the Simple Location Quotient formula and Flegg’s Location Quotient formula are applied. Furthermore, a sensitivity analysis is carried out. We found that pilgrimage expenditures in 2010 created between €59.750 million and €99.575 million in …

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Nebraska Monthly Economic Indicators: February 21, 2018, Eric Thompson Feb 2018

Nebraska Monthly Economic Indicators: February 21, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.18% during January of 2018. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily through the summer of 2018. A falling U.S. dollar, which is positive for Nebraska exporters, was one primary reason for the improvement in the leading indicator. The other was business expectations. Respondents to the January Survey of Nebraska Business reported plans to increase sales and employment at their businesses over the next six months. In terms of negative components, there …

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Contracts And Hierarchies: A Moral Examination Of Economic Theories Of The Firm, Jooho Lee Feb 2018

Contracts And Hierarchies: A Moral Examination Of Economic Theories Of The Firm, Jooho Lee

All Faculty Open Access Publications

An influential set of economic theories argue that the firm is a nexus of contracts that institute a hierarchy to overcome the problems of incomplete contracting in the market. However, the economic theory of the firm as a hierarchy violates the moral requirement to respect the autonomy of those who contract into the firm. The internal logic of the theory depends on a morally unacceptable abdication of a part of the employee’s capacity to set her own ends in the future. So a different theory is needed to understand the nature and purpose of the firm. The development of such …

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Nebraska Business And Consumer Confidence Indexes: February 2, 2018, Eric Thompson Feb 2018

Nebraska Business And Consumer Confidence Indexes: February 2, 2018, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence rebounded in Nebraska during January 2018. The Consumer Confidence Index – Nebraska (CCI-N) rose to 115.2, well above the neutral level of 100.0 and a value of 93.3 in December 2017. This is the highest level recorded for the CCI-N since it was first released in February of 2016. The Business Confidence Index – Nebraska (BCI-N) rose to 112.2 in January from 107.5 in December. Both monthly readings were well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 40 percent of respondents. The …

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Microfinance And The Decision To Invest In Children’S Education, P.V. Viswanath Feb 2018

Microfinance And The Decision To Invest In Children’S Education, P.V. Viswanath

Faculty Working Papers and Articles

Although one of the primary objectives of microfinance has been the reduction of poverty through the provision of credit for income-generating purposes, evidence of its impact on poverty has been mixed. Even if there is no direct impact of microfinance, there may be an indirect positive impact through the effect of microcredit availability on families’ decisions to invest in their children’s education. In this paper, I describe a study undertaken to gauge the impact of microcredit availability on education expenditures for children of clients of a South Indian microfinance institution. I first look at some determinants of the demand for …

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2018 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters Feb 2018

2018 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters

Extension Farm and Ranch Management News

No abstract provided.

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What Factors Determine Thesubsidiary Mode Of Overseas R&D By Developing-Country Mnes? Empirical Evidence From Chinese Subsidiaries Abroad, Yanyu Wang, Wei Xie, Jizhen Li, Chenxi Liu Feb 2018

What Factors Determine Thesubsidiary Mode Of Overseas R&D By Developing-Country Mnes? Empirical Evidence From Chinese Subsidiaries Abroad, Yanyu Wang, Wei Xie, Jizhen Li, Chenxi Liu

PhD Student’s Publications Collection

This study examines the determinants of the subsidiary modes of overseas research anddevelopment (R&D) by Chinese multinational enterprises (MNEs). Based on resource-based view and absorptive capabilities, we propose that financial resources and technologi-cal resources have different effects on the selection of overseas R&D subsidiary modes,which are competence-exploiting mode or competence-creating mode. This is supportedby the empirical results in this paper using data from a survey of 40 Chinese overseasR&D subsidiaries. The results demonstrate that the parent firms with richer financialresources and more R&D expenses prefer the competence-exploiting mode, while the par-ent firms with more R&D personnel favor the competence-creating mode. …

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Who's Afraid Of China?, Ishrat Husain Dr. Feb 2018

Who's Afraid Of China?, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The China-Pakistan Economic Corridor (CPEC) has become the subject of an increasing number of conferences, op-ed pieces, and articles. The debate emanates from two strands: at the geopolitical level, OBOR is seen as a manifestation of China's ambitions to become a global power threatening the existing power structure; at the geo-economic level, CPEC presents both opportunities and risks for Pakistan. This article examines the significant benefits of CPEC—including addition of 10,000MW to Pakistan's energy generation capacity, highway construction linking Gwadar with Kashgar, and regional economic integration—while addressing common apprehensions about debt burden and Chinese economic domination, arguing that such concerns …

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Nebraska Monthly Economic Indicators: January 24, 2018, Eric Thompson Jan 2018

Nebraska Monthly Economic Indicators: January 24, 2018, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 0.83% during December of 2017. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow steadily during the first half of 2018. The December increase primarily resulted from a rise in building permits for single-family homes and positive business expectations. In particular, respondents to the December Survey of Nebraska Business reported plans to increase sales and employment in the coming months. In terms of negative components, there was a decline in airline passenger counts during December.

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Thinking Finance - The Comic Book, Dimitrios V. Siskos Jan 2018

Thinking Finance - The Comic Book, Dimitrios V. Siskos

Publications

Thinking financially results in the best possible outcome and establishes a secure foundation for the future as an independent man. In contrast, thinking emotionally leads to short-sighted financial decisions and usually, deep regrets. However, thinking financially is not pleasant for the people around us. This comic book presents a guy, whose dream is to become an accountant. When he finally succeeds in this, he realizes that thinking financially may be effective for his boss but it is irritating for everyone else, even for his family.

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Primed For Death: Law Enforcement-Citizen Homicides, Social Media, And Retaliatory Violence, Vladimir Bejan, Matthew Hickman, William S. Parkin, Veronica F. Pozo Jan 2018

Primed For Death: Law Enforcement-Citizen Homicides, Social Media, And Retaliatory Violence, Vladimir Bejan, Matthew Hickman, William S. Parkin, Veronica F. Pozo

Applied Economics Faculty Publications

We examine whether retaliatory violence exists between law enforcement and citizens while controlling for any social media contagion effect related to prior fatal encounters. Analyzed using a trivariate dynamic structural vector-autoregressive model, daily time-series data over a 21-month period captured the frequencies of police killed in the line of duty, police deadly use of force incidents, and social media coverage. The results support a significant retaliatory violence effect against minorities by police, yet there is no evidence of retaliatory violence against law enforcement officers by minorities. Also, social media coverage of the Black Lives Matter movement increases the risk of …

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Nebraska Business And Consumer Confidence Indexes: January 5, 2018, Eric Thompson Jan 2018

Nebraska Business And Consumer Confidence Indexes: January 5, 2018, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence declined in Nebraska during December 2017. The Consumer Confidence Index – Nebraska (CCI-N) fell to 93.3 in December, well below the neutral level of 100.0. The index had reached a record level of 106.2 in November, but that high level of confidence was not sustained. The Business Confidence Index – Nebraska (BCI-N) fell from 114.1 in November to 107.5 in December. While lower, the December reading remains well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 38 percent of respondents. The availability and …

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Economic, Social And Environmental Implications Of Urban Solid Waste And Need For Valorization Of Waste, S. Jameela Ph.D. Jan 2018

Economic, Social And Environmental Implications Of Urban Solid Waste And Need For Valorization Of Waste, S. Jameela Ph.D.

International Review of Business and Economics

“Source reduction is, on the face of it, perhaps the most appealing of all the possible approaches to solid-waste management” - William Rathje and Cullen Murphy Waste poses a threat to public health and environment and hence it should be properly collected and disposed. Managing municipal solid waste is a pervasive problem for any urban area and the Singara Chennai is no exception to it. Admitting that it is one of the best managed city, but still problem of dealing with solid waste generated in the ever expanding Chennai city is an uphill task. The materialistic world has been sustaining, …

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A Panoramic View On Rural Energy Consumption, M Manimegalai Ph.D., S. Seethalakshmi Ph.D. Jan 2018

A Panoramic View On Rural Energy Consumption, M Manimegalai Ph.D., S. Seethalakshmi Ph.D.

International Review of Business and Economics

Energy consumption is an index of economic development energy is essential to ensure adequate and sustained supply for energy sector of the economy. The rural energy consumption pattern is divided into agricultural operation domestic activities, living and industry. Rural energy consumption influences the standard of living of the people in rural areas. India is the largest energy consumer in the world. In India, out of 121crs of populations, 80crs of people living rural areas and affordability are vitally our country keep its pace of development.

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Climate Resilient Green Economy: Prospects, R. Ragapriya Ph.D., D. Rudrappan Jan 2018

Climate Resilient Green Economy: Prospects, R. Ragapriya Ph.D., D. Rudrappan

International Review of Business and Economics

A new political climate has grown in many countries around the world, thanks to the strong base in science and widening public awareness of climate change and its risks. Clean energy revolution has been taking place all over the developed countries, underscored by the steady expansion of the renewable energy sector. The adoption of Renewable Energy Technologies (RETs) constituted a win-win situation, as renewable is not only green and job-generating, but also sustainable with a higher environmental benefit. Renewable fuels such as wind, solar, biomass, tides, and geothermal are inexhaustible, indigenous and are often free as a resource. They just …

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