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Economic Growth and Electricity Consumption in 12 European Countries: A Causality Analysis Using Panel Data
We apply recent panel methodology to investigate the relationship between electricity consumption and real GDP for a set of 12 European Union countries using annual data for the period 1970-2004. Recently developed tests ...
The influence of cultural identity on the WTP to protect natural resources: some empirical evidence
This paper shows that cultural identity may have considerable influence on the WTP to protect natural resources. The Basque Country, the region with the highest ethnic homogeneity in Europe, serves as an example to illustrate ...
Valuing environmental impacts of coastal development projects: a choice modelling application in Spain
Developmental monetary benefits of coast artificialisation projects are rarely confronted with the environmental benefits that its conservation may entail. As a consequence, policy-makers often face decision making processes ...
Selection of the number of frequencies using bootstrap techniques in log-periodogram regression
The choice of the bandwidth in the local log-periodogram regression is of crucial importance for estimation of the memory parameter of a long memory time series. Different choices may give rise to completely different ...