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  • 标题:Green investment behavior in climate policy uncertainty: a suggested adjusted profit estimation model
  • 本地全文:下载
  • 作者:Collins C. Ngwakwe ; Collins C. Ngwakwe ; Theresa Moyo
  • 期刊名称:Environmental Economics
  • 印刷版ISSN:1998-6041
  • 电子版ISSN:1998-605X
  • 出版年度:2014
  • 卷号:5
  • 期号:4
  • 页码:17-23
  • 语种:English
  • 出版社:LLC "CPC "Business Perspectives"
  • 摘要:This paper ruminates on green investment behavior in the face of climate policy uncertainty and advocates an adjusted profit estimation model for potential green investors; Adopting a review method; the paper finds inter alia; that climate policy uncertainty constitutes investment risks; Furthermore these risks may trigger a risk averse or risk taker types of green investment behavior; To encourage green investment in the face of climate policy uncertainty; investors must seek for a risk cushioning through a risk premium; thus the paper reconstructs the Neuhoff’s model of green investor profit and derives a suggested adjusted profit estimation model under climate policy uncertainty – referred to in this paper as the adjusted green investment profit under uncertainty (AGIPUU); The paper thus offers an agenda for further research to apply this model in a field case study research;
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