Results of the project

Realized results

Stage 2018 (budget implementation: 126.000 RON)

• Interim report no. 1

• 1 paper published in ISI journals 

1. Grecu, E., Aceleanu, M.I. and Albulescu, C.T., 2018. The economic, social and environmental impact of shale gas exploitation in Romania: A cost-benefit analysis, Renewable and Sustainable Energy Reviews, 93, 691-700.

• 1 accepted paper in ISI journals 

1. Albulescu, C.T. and Pépin, D., 2018. Monetary integration, money demand stability and the role of monetary overhang in forecasting inflation in CEE countries, Forthcoming in Journal of Economic Integration.

• 2 papers under review in ISI journals

1. FDI, income, and environmental pollution in Latin America: Replication and extension using panel quantiles regression analysis, with Tiwari, A.K., Yoon, S-M. and Kang, S.H.,  Submitted to Energy Economics.

2. Exploring the connectedness among crude oil, agriculture commodities and food prices using the frequency domain spillover method with network analysis, with Kang, S.H., Tiwari, A.K. and Yoon, S-M., Submitted to Energy Economics.

• 1 paper under review in BDI journals

1. Empirical evidence of extreme dependence and contagion risk between main cryptocurrencies, with Tiwari, A.K., Adewuyi, A.O., Wohar, M.E., Submitted toThe North American Journal of Economics and Finance.

• 4 working papers

  1. Spillover among oil and currency markets: A time and frequency domain spillover network analysis, with Tiwari, A.K., Raheem, I.D. and Riza, D.

  2. Bank financial stability, bank valuation and international oil prices: Evidence from listed Russian public banks

  3. CO2 emissions, renewable energy production and environmental regulation in EU countries, with Artene, A.E., Luminosu, C.T. and Tamasila, M.

  4. The determinants of green investment in OECD countries: a cross-sectional analysis, with Boatca, M.E. and Draghici, A.

• 3 participations in international conferences

1. 5th Annual Scientific Conference of Romanian Academic Economists from Abroad (ERMAS 2018), "Alexandru Ioan Cuza" University of Iasi, Iasi, Romania.

2. 20th INFER Annual Conference, University of Göttingen, Göttingen, Germany. 

3. Conference on Resilience of emerging market economies to global financial conditions, Centre for Research in Finance, Faculty of Economics and Business Administration, "Alexandru Ioan Cuza" University of Iasi, Iasi, Romania.

• 1 research stage

1. University of Poitiers, CRIEF (C. Albulescu)

Stage 2019 (budget implementation: 252.000 RON)

• Interim report no. 2

• 1 published paper in ISI journals

1. Albulescu, C.T., Riza, D., Raheem, I.D. and Tiwari, A.K. (2019). Does economic policy uncertainty connect financial markets? Evidence from oil and commodity currencies, Energy Economics, 83, 375-388.

• 3 accepted papers in ISI journals

1. Albulescu, C.T., Artene, A.E., Luminosu, C.T. and Tamasila, M., (2019).  CO2 

emissions, renewable energy production and environmental regulation in the EU countries, Environmental Science and Pollution Research.

https://doi.org/10.1007/s11356-019-06155-1

2. Albulescu, C.T., Tiwari, A.K., Yoon, S-M. and Kang, S.H. (2019). FDI, income, and environmental pollution in Latin America: Replication and extension using panel quantiles regression analysis, Energy Economics.

https://doi.org/10.1016/j.eneco.2019.104504

3. Kang, S.H., Tiwari, A.K., Albulescu, C.T. and Yoon, S-M. (2019). Exploring the time-frequency connectedness and network among crude oil and agirulture commodities. Energy Economics.

https://doi.org/10.1016/j.eneco.2019.104543

• 3 papers under review in ISI journals

1. Quantile causality between banking stock and real estate securities returns in the US, with Bouri, E., Roubaud, D. and Tiwari A.K., Submitted  to The Quaterly Review of Economics and Finance.

2. Copula-based local dependence between energy, agriculture and metal commodity markets, with Tiwari, A.K., Ji, Q., Submitted to Energy.

3. Bank financial stability, bank valuation and international oil prices: Evidence from listed Russian public banks, Submitted to Economic Systems.

• 2 papers under review in BDI journals

1. Investment behavior and firms’ financial performance: A comparative analysis using firm-level data from the wine industry, Submitted to the Journal of Wine Economics.

2. Inflation, uncertainty and fuel prices in the EU countries, with Grecu, E., Submitted to Applied Economics Letters.

• 2 accepted papers in BDI journals

1. Tiwari, A.K., Adewuyi, A.O., Albulescu, C.T. and Wohar, M.E. (2019). Empirical evidence of extreme dependence and contagion risk between main cryptocurrencies. The North American Journal of Economics and Finance.

https://doi.org/10.1016/j.najef.2019.101083

2. Albulescu, C.T., Luminosu, C.T. and Pater, L. (2019). Wastewater treatment in EU countries – economy of access, determinants, legislation and implications in urban areas. Scientific Bulletin of Politehnica University of Timisoara, Transaction on Engineering and Management.

• 1 published paper in  BDI journals

1. Albulescu, C.T. and Goyeau, D. (2019). The interaction between trade and FDI: the CEECs experience, International Economics and Economic Policy, 16(3), 489-509.

• 7 participations in international conferences

1. INFER Workshop on "Energy and evironmental policies: new macro-financial implications", Politehnica University of Timisoara and INFER, Timisoara, Romania.

2. GEBA 2019:  11th International Conference “Globalisation and Higher Education in Economics and Business Administration”, “A.I. Cuza” University, Iasi, Romania.

3. CIEM 2019: 9th International Conference on Energy and Environment - "Energy for a Green Digital World", Politehnica University of Timisoara, Romania.

4. SIM 2019: 15h International Symposium in Management, West University of Timisoara and Politehnica University of Timisoara, Timisoara, Romania.

5. International Conference TIMTED 2019 "Current Economic Trends in Emerging and Developing Countries", West University of Timisoara, Timisoara, Romania.

6. 21th INFER Annual Conference, VrijeUniversiteit Brussels, Brussels, Belgium. 

7. MakeLearn & TIIM Joint International Conference 2019: Thriving on Future Education, Industry, Business and Society, International School for Business and Social Studies, Portorož, Slovenia.

• 2 research stages

1. Claudiu Albulescu - University of Poitiers (Poitiers, Franța)

2. Serban Miclea - International School for Social and Business Studies (Celge, Slovenia)

• 1 organized workshop

INFER Workshop on "Energy and environmental policies: new macro-financial implications", Politehnica University of Timisoara and INFER, Timisoara, Romania.

https://sites.google.com/view/infer-timisoara-2019/home

Stage 2020 (budget implementation: 72.000 RON)

• Final report

• 4 published papers in ISI journals

1. Albulescu, C.T., Kang, S.H., Tiwari, A.K. and Yoon, S-M. (2019). FDI, income, and environmental pollution in Latin America: Replication and extension using panel quantiles regression analysis, Energy Economics, 84, Article 104504.

2. Kang, S.H., Tiwari, A.K., Albulescu, C.T. and Yoon, S-M. (2019). Exploring the time-frequency connectedness and network among crude oil and agriculture commodities, Energy Economics, 84, Article 104543.

3. Grecu, E., Albulescu, C.T., Pârțachi, I.P., Stancu, S. and Trașcă, D.L. (2020). Output, uncertainty and fuel prices in the EU countries, Economic Computation and Economic Cybernetics Studies and Research, 1, 15-30.

4. Tiwari, A.K., Adewuyi, A.O., Albulescu, C.T. and Wohar, M.E. (2020) Empirical evidence of extreme dependence and contagion risk between main cryptocurrencies, The North American Journal of Economics and Finance, 51, 101083.

• 1 accepted paper in ISI journals

1. Quantile causality between banking stock and real estate securities returns in the US, with Bouri, E., Roubaud, D. and Tiwari A.K., Forthcoming in The Quaterly Review of Economics and Finance.

• 4 papers under review in ISI journals

1. Copula-based local dependence between energy, agriculture and metal commodity markets, with Tiwari, A.K., Ji, Q., Submitted to Energy.

2. Firm-level total factor productivity convergence in German electricity and gas industry, with S. Miclea, Submitted to Economics Bulletin.

3. Bank financial stability, bank valuation and international oil prices: Evidence from listed Russian public bank, Submitted to Post-Communist Economies.

4. Inflation, uncertainty and labor market conditions in the US, with Oros, C., Submitted to Applied Economics.

• 2 accepted papers in BDI journals

1. Albulescu (2020). Investment behavior and firms’ financial performance: A comparative analysis using firm-level data from the wine industry, Forthcoming in International Journal of Management, Knowledge and Learning.

2. Albulescu, C.T., Luminosu, C.T. and Pater, L. (2019). Wastewater treatment in EU countries – economy of access, determinants, legislation and implications in urban areas. Scientific Bulletin of Politehnica University of Timisoara, Transaction on Engineering and Management.

• 1 published papers in  ISI proceedings

1. Albulescu, C.T., Boatca-Barabas, M.E., Miclea, S. (2019). Greenhouse gas emissions, investments and prices in the EU electricity and gas industry, 2019 International Conference on ENERGY and ENVIRONMENT (CIEM), 17–18 October 2019, Timisoara, Romania, pp. 187-190.

• 2 book chapters

1. Sirbu, R.M., Albulescu, C.T. (2020). Carbon emissions, energy consumption and managing investment in renewable energy, in: Innovation in Sustainable Management and Entrepreneurship, G. Prostean, J.J.L. Villahoz, L. Brancu, G. Bakacsi (eds.), Publisher: Springer, 14, ISBN 978-3-030-44710-6.

2. Albulescu, C.T., Miclea, S., Tamasila, M., Vartolomei, M. (2020). Financial Constrains and the Structure of the Firm’s Investment: An Application to the Scientific R&D Industry from the Largest EU Countries, in: Innovation in Sustainable Management and Entrepreneurship, G. Prostean, J.J.L. Villahoz, L. Brancu, G. Bakacsi (eds.), Publisher: Springer, 18, ISBN 978-3-030-44710-6.

• 1 participation in international conferences

1. XVIII INTERNATIONAL CONFERENCE ON FINANCE AND BANKING FI BA 2020, March 26-28, Bucharest, Romania.

• 1 research stage

1. Caius Luminosu - University of Augsburg (Augsburg, Germany)