Catherine Boulatoff and Michael Jenkins, Saint Lawrence University — USA, Time Series Properties of Carbon Emissions in the U.S. States for the Period 1961-2001

Shikha Jha, Asian Development Bank — Philippines, Fiscal Sustainability Amidst Macroeconomic and Oil Price Shocks: The Asian Example

Bernard P. Herber, University of Arizona — USA, Carbon Market or Carbon Tax: Which Is the Superior Climate Policy Instrument?

Michael M. Ye, St. Mary's College of Maryland — USA, John Zyren and Joanne Shore, U.S. Department of Energy — USA, Thomas Lee, Marymount University — USA, What Can Futures Contracts Teach Us about the Crude Oil Spot Market?

Grigori Fainstein and Aleksei Netšunajev, Tallinn University of Technology — Estonia, Intra-Industry Trade in the Baltic States: Main Factors and Trends