Renewable energy and Mexico – an emerging market with promise

2012 ◽  
pp. 247-258
Author(s):  
Deniz Güvercin

The chapter contributes to the growing body of empirical researches by exploring the nexus among FDI, trade, carbon dioxide emission level, and the renewable energy use. Panel VAR econometric methodology upon the data for 18 emerging economies over the period of 1990-2014 is applied to uncover the interactive and simultenous relations among variables. Granger causality test results indicate that FDI, carbon emission, and renewable energy use Granger cause trade. Carbon emission and renewable energy use Granger cause FDI, FDI Granger causes carbon emission, and FDI granger causes renewable energy use. Impulse response analysis results indicate that FDI decreases trade, carbon emission, and renewable energy use. Moreover, carbonemission decreases trade, and increases FDI whereas it is decreased by renewable energy use. Results indicate that the Pollution Haven and the Pollution Halo hypothesis are valid for the FDI, however, the Pollution Haven hypothesis is not valid for trade. Additionally, results indicate that FDI decreases trade implying the presence of substitution relation between FDI and trade.


2018 ◽  
Vol 23 (02) ◽  
pp. 1850010 ◽  
Author(s):  
BORIS URBAN

Effectuation is well suited to broaden our understanding of opportunity recognition because effectual processes are related to recognizing and exploiting opportunities in new markets under conditions of uncertainty. This article investigates the relationship between effectuation and opportunity recognition, while at the same time, accounting for the influence of environmental dynamism and hostility in an African emerging market context — South Africa. In so doing, the paper responds directly to calls for research to emphasize the importance of environmental conditions while placing more attention on quantifying its influences on the opportunity recognition process. Following a survey of 302 enterprises in the renewable energy sector in South Africa, results indicate that entrepreneurs apply effectual principles to recognize and exploit more opportunities while operating in dynamic and hostile surroundings. By explaining the relationships and interactions between effectuation, the environment and opportunity recognition in an African market context, the study provides a more theoretically comprehensive configuration than any of these factors would show in isolation.


IEE Review ◽  
1991 ◽  
Vol 37 (4) ◽  
pp. 152
Author(s):  
Kenneth Spring

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