E-Mobility and Related Clean Technologies from an Empirical Corporate Finance Perspective
State of Economic Research, Sourcing Risks, and Capital Market Perception
©2015
Thesis
XXII,
112 Pages
Series:
Finanzmärkte und Klimawandel, Volume 6
Summary
The book deals with the use of clean technologies and in particular of electronic mobility from the perspective of the empirical capital market. The author sheds light on the developments of economic research in the past 20 years, identifies research gaps and analyses them in detail if data is sufficient. Based on the example of rare earths, he presents the impact of future raw material shortages when using mobile electronic technologies and proposes possible solutions for all market players from a financial research perspective. In addition, the book presents a first assessment of the industry’s innovation development by means of the capital-market oriented evaluation of corporate cooperations in the field of electronic mobility.
Excerpt
Table Of Contents
- Cover
- Title
- Copyright
- About the author
- About the book
- This eBook can be cited
- Contents
- List of Figures
- List of Tables
- Acronyms
- List of Symbols
- 1. Introduction
- 1.1. Basic definitions and scope
- 1.2. Outline
- 2. Relevant German economic literature - a bibliometric assessment
- 2.1. Environmental economics and business literature: An impact analysis
- 2.1.1. Methods
- 2.1.2. Data
- 2.1.3. Results
- 2.1.4. Discussion of Section 2.1
- 2.2. Detecting relevant literature for Cleantech applications
- 2.2.1. Necessary adaption of the methodology
- 2.2.2. Results
- 2.2.3. Discussion of Section 2.2
- 3. Sourcing risks and (financial) risk management options. The example of rare earth metals
- 3.1. Rare earth metal market description
- 3.2. Valuation principles for rare earth commodity derivatives
- 3.2.1. Available data
- 3.3. Stochastic price process models
- 3.3.1. Parameter estimation
- 3.3.2. Valuation via risk-neutral measures
- 3.4. Excursus: Known closed-form solution for constant jump sizes
- 3.5. Pricing and hedging rare earth metals: An incomplete market
- 3.6. Discussion of Chapter 3
- 4. E-mobility and capital market perception
- 4.1. Background: Cooperation for E-mobility, main goals and motivation
- 4.2. Data
- 4.3. Method
- 4.4. Results
- 4.4.1. Event study results
- 4.4.2. Determinants
- 4.5. Discussion of chapter 4
- 5. Conclusive remarks and outlook
- A. Appendix of Chapter 1
- A.1. Matlab script for basic bibliometric evaluation
- B. Appendices of Chapter 2
- B.1. Rare earth time series
- B.2. Inhomogeneous intensity rates: Lanthanum example
- B.3. Estimation results for jump size distributions.
- Bibliography
← xii | xiii →List of Figures
2.1. Concept of bibliometric co-citation and coupling in graph notation
2.5. Close-up of the large-sized cluster with several research foci.
3.4. Binomial tree for jump process equation (3.1) as proposed by Cox and Ross (1976)← xiii | xiv →
2.6. Results: Cleantech relevant clusters
3.1. Worldwide mine production and reserves in metric tonnes (REO), 2011 (USGS, 2012)
Details
- Pages
- XXII, 112
- Publication Year
- 2015
- ISBN (PDF)
- 9783653057089
- ISBN (MOBI)
- 9783653966411
- ISBN (ePUB)
- 9783653966428
- ISBN (Softcover)
- 9783631661390
- DOI
- 10.3726/978-3-653-05708-9
- Language
- English
- Publication date
- 2015 (June)
- Keywords
- Seltene Erden Empirische Kapitalmarktforschung Rohstoffbewertung Elektromobilität Zitationsanalysen
- Published
- Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2015. XXII, 112 pp., 14 b/w ill., 11 graphs
- Product Safety
- Peter Lang Group AG