1. Refereed Journal // 2009

    EU Emission Allowances and the Stock Market: Evidence from the Electricity Industry

    This paper constitutes – to our best knowledge – the first econometric analysis on stock market effects of the EU Emission Trading Scheme (EU ETS). Our results suggest that EU Emission Allowance (EUA) price…

  2. Refereed Journal // 2009

    Search Patterns and Absorptive Capacity: Low- and High-Technology Sectors in European Countries

    Searching for externally available knowledge has been characterised as a vital part of the innovation process. Previous research has, however, almost exclusively focused on high-technology environments, …