February 28, 2017
The purpose of this paper is to identify the changes in the impact of energy shocks on economic activity — with an interest in assessing if an economy's vulnerability and resilience to shocks improved with economic development. Using data on the United Kingdom over the last three hundred years, the paper identifies supply, aggregate demand and residual shocks to energy prices and estimates their changing influence on energy prices and GDP.
March 7, 2017
A new paper published in the journal Current Opinion in Environmental Sustainability, and led by Unai Pascual (Ikerbasque Research Professor at BC3) and member of the Multidisciplinary Expert Panel of the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) synthesizes the vision by IPBES about the values of nature’s contributions to people (NCP) for a good quality of life.
March 15, 2017
This paper uses discrete choice models, supported by GIS data, to analyse the National Land Use Database, a register of more than 21,000 English brownfields—previously used sites with or without contamination that are currently unused or underused. Using spatial discrete choice models, including the first application of a spatial probit latent class model with class-specific neighbourhood effects, we find evidence of large local differences in the determinants of brownfields redevelopment in England and that the reuse decisions of adjacent sites affect the reuse of a site.