To cope with dependency of imported fossil fuels, high shares of renewable energy sources are expected to expand in electricity production in Small Islands. The case of Reunion Island that aims at having an electricity generation based to 100% on renewable energies by 2030 is analyzed using a bottom-up cost-optimization TIMES model. Future producti...
L’output gap est devenu un concept central dans la définition des politiques économiques visant à soutenir l’activité ou à combattre l’inflation. Dans la zone euro, ce concept est même institutionnalisé puisqu’il est utilisé par la Commission européenne afin de calculer le déficit public structurel des États. La question de la mesure de l’output ga...
The purpose of this article is to establish a typology of entrepreneurship for OECD countries over the 1999–2012 period. Our aim is to draw a distinction between managerial and entrepreneurial economies, to identify groups of countries with similar economic and entrepreneurial activity variables, and to determine the economic and institutional driv...
Cesarean deliveries are widely used in many high- and middle-income countries. This overuse both increases costs and lowers quality of care and is thus a major concern in the healthcare industry. The study first examines the impact of prenatal care utilization on cesarean delivery rates. It then determines whether socioeconomic status affects the u...
Stated preference surveys are usually carried out in one session, without any follow-up interview after respondents have had the opportunity to experience the public goods or policies they were asked to value. Consequently, a stated preference survey needs to be designed so as to provide respondents with all the relevant information, and to help th...
This paper identifies the effect of trade policy on market power through new data and a new identification strategy. We use a large dataset containing export values and quantities by product and destination for all exporting firms in 12 developing and emerging countries over several years, merged with destination-product specific information on tar...
Logarithms of prices of financial assets are conventionally assumed to follow drift-diffusion processes. While the drift term is typically ignored in the infill asymptotic theory and applications, the presence of nonzero drifts is an undeniable fact. The finite sample theory and extensive simulations provided in this paper reveal that the drift com...