We obtain rich measures of the risk preferences of a sample of Vietnamese farmers, and revisit the link between risk preferences and economic well-being. Far from being particularly risk averse, our farmers are on average risk neutral and, thus, more risk tolerant than typical Western subject populations. This generalises recent findings indicating that students in poorer countries are more risk tolerant than students in richer countries to a general population sample. Risk aversion is, furthermore, negatively correlated with income within our sample, but does not correlate with wealth.

There is a belief that sustainability-certified coffee production helps increase economic benefits to farmers and reduces negative environmental impacts. However, the international empirical evidence is not conclusive. Also, there is a lack of empirical evidence for Vietnam - the world's second-largest coffee producing country. This paper provides the first empirical examination of the differences in eco-efficiency between conventional and sustainability-certified coffee-growing farms in Vietnam. Data of 726 farms in Vietnam over three crop years from 2012/13 to 2014/15 are analysed.

Replacing all oil boilers with renewable energy technologies by 2035 is part of the national energy strategy 2050 in Denmark. Individual heating is supposed to supply around one-fourth of the total residential heating after 2035. About 205,703 homes will need to replace their current oil boilers. This study investigates the drivers for decision makers when adopting different renewable heating technologies.

We propose a structural approach to investigate total factor productivity (TFP) and economic growth of 58 provinces and municipalities of Vietnam (known as one of the most dynamic emerging economies in the last few years). The analysis is applied to the provincial data that are available to us for the period 2000–2007. TFP is composed of three components: an autonomous technological change, an observed deterministic part depending on external factors, and an unobserved stochastic part.

Systemic threats to food‐energy‐environment‐water systems require national policy responses. Yet complete control of these complex systems is impossible and attempts to mitigate systemic risks can generate unexpected feedback effects. Perverse outcomes from national policy can emerge from the diverse responses of decision‐makers across different levels and scales of resource governance.

Over the past three decades, the US natural gas market has witnessed significant changes. Utilizing a standard Bayesian model comparison method, this paper formally determines four regimes existing in the market.

This paper compares the macroeconomic effects of global oil and iron ore price shocks on the Australian economy. Using a Bayesian structural vector autoregression model with sign restrictions, we identify three types of shock: supply, demand and specific demand. The main results suggest that, over the period from 1990Q1 to 2014Q4, the oil shock had a relative larger impact than the iron ore shock on output and inflation, while the iron ore shock was the dominant source of interest and exchange rate movements.

In this paper, we examine the effects of world energy price shocks on China's macroeconomy over the past two decades. We begin by showing that the use of oil prices as a proxy for more general energy price dynamics is not appropriate for the case of China. Having established this fact, we propose a new energy price index which accurately reflects the structure of China's energy expenditure shares, and intertemporal fluctuations in international energy prices.