Anabela Botelho

University of Aveiro | UA · Department of Economics, Management and Industrial Engineering (Division of Economics)

The purpose of this study is to examine the ability of financial literacy, financial innovation, and financial inclusion to mitigate the adverse effect of corruption on banks’ credit risk, profitability, and financial stability, with this joint inclusion being the novelty explored. Furthermore, we aim to compare the results across four different gr...

Entrepreneurship is generally considered the engine of social and economic development. Therefore, its promotion is of the utmost importance, especially in a context of crisis, such as the one currently experienced due to the COVID-19 pandemic. In order to identify the best approaches to foster entrepreneurship, this study aims to understand how en...

Purpose This study aims to examine the impact of financial inclusion and financial innovation on corruption, considering the moderating role of education, as well as identify the specific modality of digital inclusion and payments that contribute to corruption reduction. Design/methodology/approach The study uses a representative sample consisting...

The objective of this study is to contribute to the knowledge about the relationship between financial inclusion and credit risk in the Southern African Development Community ( SADC ) countries, which remains relatively unexplored in the developing countries context. The result of panel vector autoregressive models ( PVAR ) estimation shows that th...

In recent years, there has been a significant shift in public policies directed to firms, with several governments launching public measures to support innovation. To promote firms’ innovation, governments can implement incentives such as subsidizing companies, inducing them to undertake those investments. Hence, the aim of this study is to review...

Purpose The study aims to investigate the effect of cultural alignment and value congruency between children and founder on intergenerational succession and on the observation of family optimal outcomes. Design/methodology/approach A game-theoretical approach is used to develop a sequential game modeling the strategic interactions behind successor...

Financial inclusion is a widely used measure to improve the living standards of households and foster inclusive economic growth. Thus, financial inclusion is one of the main policy objectives in developing countries. Besides, financial regulation (capital adequacy requirement) is a policy measure used to ensure financial stability. The objective of...

This study aims to assess the effect of financial inclusion and competitiveness on banks’ financial stability, considering the moderating role of financial regulation. To do so, we compare the effects of these variables in Sub-Saharan African (SSA) and Latin American and Caribbean (LAC) countries. Our results suggest that inclusion enhances bank st...

Financial inclusion has allowed financial products with very high-interest rates and complex conditions to become increasingly affordable. Financial inclusion programs, which aim to reach all social strata, strongly expose financial institutions to risk and particularly credit risk. That said, additional interventions such as financial education of...

The construct of entrepreneurial alertness has been gaining considerable interest from academics because it is at the heart of the entrepreneurial process. Consequently, there has been a substantial increase in the number of academic papers over the years. However, this is a highly fragmented field of research that aggregates contributions from res...

Monetary policy ensures the financial system stabilization. Financial inclusion, characterized by the access and use of available financial services (credit, savings, payments, insurance at a low cost), by a broader population, may explain the effectiveness of the monetary policy, especially in developing countries. The objective of this study is t...

In this exploratory study with a qualitative approach, the process and strategies for the formation of entrepreneurship and innovation ecosystems were analyzed in territories of low demographic density, starting from the projects: Vale do Tejo Technology Park, Living Lab Beira da Cova and Habitat of Business Innovation in the Strategic Sectors, res...

Does the desirability of social institutions for public goods provision depend on the extent to which they include mechanisms for endogenous enforcement of cooperative behavior? We consider alternative institutions that vary the use of direct punishments to promote social cooperation. In one institution, subjects participate in a public goods exper...

The development of societies has led information and communication technology (ICT) to play a gradually important role in people's lives, transforming the way societies and economies function. ICTs are often associated with the path to reducing CO2 emissions; however, do they lead to that path? Or are they themselves a growing source of energy cons...

This study aims to estimate the effects of economic growth, renewable and non-renewable energy consumption and natural resources on carbon emissions for the period of 1990-2014, in 11 countries, using 3 panels: (i) full countries panel, (ii) South Asian countries and (iii) Southeast Asian countries. For all panels, the long-run elasticities were es...

This study aims to determine the effects of deforestation, economic growth, and urbanization on carbon dioxide (CO2) emissions levels in the South and Southeast Asian (SSEA) regions for the 1990–2014 period. The data was divided into five sub-panels. Three of them are income-based groups (namely low-, middle- and high-income panels), and the remain...

The construction of hydropower plants, particularly of large ones, is far from being a consensual decision: advocates defend their construction based on the unquestionable benefits hydropower provides, while critics argue that these facilities are far from harmless and cause adverse impacts on the environment, being not only against the constructio...

As investments and policies that promote renewable energy (RE) projects in electricity systems are most often grounded on the goal of reducing emissions of greenhouse gases, and actual investment and policy decisions are shaped by the estimates of the accrued emissions savings, it is crucial that these estimates are as accurate as possible. In this...

Increasing visits to emergency departments add strain to public healthcare systems. The misperception of symptoms’ severity can partly explain inappropriate use of hospitals’ emergency departments by non‐urgent patients. This paper focuses on the misperception of symptoms’ severity as a cause for the inappropriate use of emergency departments. It e...

Despite the often mentioned environmental benefits associated with transition from fossil fuels to renewable energy sources, their use for electricity production has non-negligible negative environmental impacts. The most commonly mentioned in surveys concern different types of landscape impacts, impacts on the fauna and flora, and noise. These imp...

This paper presents an empirical analysis of the displacement of CO2 emissions associated with wind generation in the Irish electricity market between December 2013 and May 2017. We find that the average marginal effect of an additional MWh of wind generation corresponds to a reduction in CO2 emissions of 0.401 tonnes in Ireland (All-Island system)...

Objectives: This article develops two inference procedures to calculate the inequality aversion and alpha parameters of a health-related social welfare function with constant elasticity (CES-HRSWF) using stated preferences. Based on the relative concept of inequality, a range of values were proposed for the trade-offs between improving total popul...

The agronomical, cultural, and historical importance of local varieties and the need of structured preservation of genetic resources have been widely recognized at both political and scientific levels in the past decades. To be engaged in genetic resource preservation, farmers must find it rewarding. Besides public policies, the generation of benef...

The use of experimental methods to determine consumers' willingness to pay for “quality” food has been gaining importance in scientific research. In most of the empirical literature on this issue the experimental design starts with blind tasting, after which information is introduced. It is assumed that this approach allows consumers to elicit the...

Renewable energy sources for electricity generation are unequivocally more environmentally friendly than the traditional sources, but are not impact-free. Given the potential for solar photovoltaic energy to contribute to the energy mix in some countries, it is timely to carefully consider the potential environmental costs of operation of photovolt...

Wind turbines’ noise is frequently pointed out as the reason for local communities’ objection to the installation of wind farms. The literature suggests that local residents feel annoyed by such noise and that, in many instances, this is significant enough to make them adopt noise-abatement interventions on their homes. Aiming at characterizing the...

Unsustainable patterns of tourist behavior produce a massive environmental burden. Nevertheless, it is unknown which behavioral strategies can be implemented to foster resource-efficient behavior in customers of leisure and travel services. This article aims to identify and summarize the evidence about the interventions which have been tested to pr...

The production of electricity from hydropower results in several environmental impacts that, in only some instances, have been analysed from an economic valuation approach. Moreover, as environmental impacts largely depend on the specific characteristics of the case study, benefit transfer techniques are inadequate for valuation. The present paper...

Demanding EU targets for renewables create challenges for governmental decisions regarding energy sources and plant sitting. In this study we explore perceptions of the Portuguese general population regarding renewable energy power plants. In particular we study how these are affected by dimensions such as home distance to the power plant and its v...

As a renewable energy source, the use of forest biomass for electricity generation is advantageous in comparison with fossil fuels; however, the activity of forest biomass power plants causes adverse impacts, affecting particularly neighbouring communities. The main objective of this study is to estimate the effects of the activity of forest biomas...

When buying fruits and vegetables, many aspects can be used by consumers to perform their choices. It is widely agreed that while taste and other sensory qualities are very important, they only partially account for consumer’s food related behaviours. Consumers increasingly value other aspects of food, such as safety, nutritional value, production...

This paper aims to ascertain the efficacy and acceptability of five incentive schemes for the take-back of waste electrical and electronic equipment in Portugal, focusing in consumers’ perspectives. It assesses users’ perception of these items, evaluating the motivations and interests they have concerning the market of waste electrical and electron...

Sustainability is frequently defined by its three pillars: environmental, economic and social. Consequently the evaluation of the sustainability of a decision, public or private, requires information on these three dimensions. This paper focuses on social sustainability. In the context of renewable energy sources, the consideration of social sustai...

Sustainability is frequently defined by its three pillars: economically viable, socially equitable, and environmentally bearable. Consequently the evaluation of the sustainability of any decision, public or private, requires information on these three dimensions. This paper focuses on social sustainability. In the context of renewable energy source...

Photovoltaic energy for electricity generation has developed considerably in recent years. In countries with high solar radiation indices, as in the case of Portugal, this energy source can be expected to play a significant role in the electricity production mix. The benefits of using this renewable energy source are undeniable, in particular in it...

The construction of dams, particularly large dams, has been highly controversial and the debate over it has become more heated during recent years. Despite their well-known benefits, the activity of dams in the electricity generation process is far from being environmentally harmless. Biodiversity limitation, impacts on fauna and flora, flooding of...

Over the last few decades, the number of wind farms installed in Portugal has grown considerably, which has stimulate an intense debate on the environmental impacts associated with wind energy. The use of wind power for electricity generation presents several environmental benefits, but it also presents adverse impacts. Some of the most important b...

Despite their well-known benefits in electricity production, dams are also responsible for some adverse environmental impacts affecting particularly the wellbeing of residents of the local communities. These environmental damages have not been included in the cost-benefit analysis of hydropower developments mainly because of the difficulty to deter...

Portugal is a country with a high potential for producing electricity using forest biomass, due to its considerable forest area. By using a renewable energy source (RES), forest biomass power plants (FBPP) present several clear advantages over other energy sources, however it does not necessarily mean they are environmentally impact-free. There are...

High demand for energy is a feature of the modern world which is however constrained by scarce and costly energy sources. High pollution levels and the political commitment to comply with the Kyoto protocol and subsequent international agreements have encouraged the use of renewable energy sources (RES). Among the technologies exploring RES, photov...

Siting decisions of wind farms are guided by a number of factors that may be grouped into two categories, namely maximizing the ratio between installed capacity and electricity production and minimizing the negative effects of the installation of the plant - both of which significantly depend on the location or siting choice. This paper focus on th...

Despite the well-known benefits for water and energy supply, flood management and irrigation, dams in Portugal are responsible for some adverse impacts on the natural and social environments of the local communities, including biodiversity limitation, impacts on fauna and flora, eventual flooding of large areas of cultivable land, water quality deg...

Energy production using traditional fossil fuel sources is the major culprit for man-made global climate changes, through emission of greenhouse gases and global warming of the planet. Moreover, in the particular case of Portugal, its scarcity in fossil resources leads to a considerable external energy dependency which, besides being a heavy burden...

The use of forest biomass in modern energy production has increased considerably over the last decade. As a renewable energy source, the use of forest biomass for electricity generation presents several advantages, particularly compared with the use of fossil fuel. However, the activity of forest biomass power plants is responsible for causing some...

Dams’ environmental impacts are receiving increasing attention by researchers. Despite being important for water and energy supply, flood management and irrigation, dams are also responsible for causing several adverse environmental impacts to the local communities who often do not receive any compensation for these impacts despite being affected b...

Over the last decades, a major emphasis has been given to renewable energy sources, with a significant development of different sources of power supply based on available domestic natural resources. Regarding forest biomass, Portugal is a country with a high potential for using this type of fuel, due to its considerable forest area. Being a renewab...

The environmental benefits of electricity production from renewable energy sources are well recognized and accepted, however the environmental costs are less known. Regarding wind farms, these are responsible for causing several adverse environmental impacts, namely noise, landscape changes, fauna and flora impacts, electromagnetic interferences an...

Despite their well-known benefits, dams are also responsible for some adverse environmental impacts affecting particularly the wellbeing of the local communities’ residents. These environmental damages have not been included in the cost-benefit analysis (CBA) of hydropower developments mainly because of the difficulty to determine their value. The...

Whereas experimental studies of common pool resource (CPR) dilemmas are frequently terminated with collapse of the resource, there is considerable evidence in real-world settings that challenges this finding. To reconcile this difference, we propose a two-stage model that links appropriation of the CPR and provision of public goods in an attempt to...

Most common pool resource (CPR) dilemmas share two features: they evolve over time and they are managed under environmental uncertainties. We propose a stylized dynamic model that integrates these two dimensions. A distinguishing feature of our model is that the duration of the game is determined endogenously by the users’ collective decisions. In...

The production of electricity worldwide has increasingly relied on renewable energy sources, which in contrast to conventional energy sources are seen as “environmentally friendly”, however this does not mean that they are environmentally impact-free. The literature on the environmental impacts of the use of renewable energy sources in the producti...

The production of electricity worldwide has increasingly relied on renewable energy sources, which in contrast to conventional energy sources are seen as “environmentally friendly”, however this does not mean that they are environmentally impact-free. The literature on the environmental impacts of the use of renewable energy sources in the producti...

Abstract Renewable energy sources have gained increasing importance in the production of electricity worldwide. In contrast to conventional energy sources, renewable energy sources are seen as “environmentally benign”, but this does not mean that they are environmentally impact-free. The environmental impacts (EI) of renewable energy sources in ele...

Introduction: This article provides highlights of the evolution of the health care rationing debate towards a more explicit and open approach involving public participation. Discretionary models that have dominated the health sector decision-making are being questioned by different sectors of society.

ABSTRACT Discrete choice experiments (DCEs) present individuals with choices between scenarios described in terms of attributes and associated levels. Despite its significant potential in the analysis of individual preferences, the application of this method raises some important issues, namely whether the elicited preferences behave in accordance...

This study empirically evaluates whether the increasingly large numbers of private outpatient healthcare facilities (HCFs) within the European Union (EU) countries comply with the existing European waste legislation, and whether compliance with such legislation affects the fraction of healthcare waste (HCW) classified as hazardous. To that end, thi...

This article provides highlights of the evolution of the health care rationing debate towards a more transparent and open approach involving public participation. Discretionary models that have dominated health sector decision-making are being questioned by different sectors of society. Using data from 442 college students, we explore public’s view...

The use of experimental methods in determining consumer willingness to pay for “quality” food, has gained importance in scientific research. In most of the empirical literature on this issue, the experimental design starts with blind tasting, with information being sequentially introduced. It is assumed that in this way, the consumer elicits the re...

As the provision of private outpatient healthcare increases within the EU countries, there is also an increase on waste generation from these facilities. Since a significant fraction of this waste is amongst the most hazardous of all wastes arising in communities, healthcare waste must be carefully managed in accordance to relevant regulations in o...

In spite of the increasing awareness of the importance of in situ and on-farm conservation of agro biodiversity, there is still limited knowledge about the factors that influence farmers’ choices in variety adoption. The purpose of this paper is to contribute to a better understanding of the factors that influence farmers’ adoption of traditional v...

Healthcare units generate substantial amounts of hazardous or potentially hazardous wastes as by-products of their medical services. The inappropriate management of these wastes poses significant risks to people and the environment. Within the countries of the European Union (EU), the management of HCW is strictly regulated by law. Measures pertain...

Up to now no study has investigated the lag structure of children's respiratory morbidity due to surface ozone. In the present study, we investigate the lag structure and the general effect of surface ozone exposure on children and adolescents' respiratory morbidity using data from a particularly well suited area in southern Europe to assess the he...