Exploring the role of finance, natural resources, and governance on the environment and economic growth in South Asian countries

2021 ◽  
Author(s):  
Yang Yang ◽  
Anwar Khan
Keyword(s):  
Economic Growth ◽  
Natural Resources ◽  
South Asian ◽  
Asian Countries

scholarly journals Export Earnings, Capital Instability and Economic Growth in South Asia

2003 ◽  
Vol 8 (1) ◽  
pp. 65-89
Author(s):  
Muhammad Aslam Chaudhary ◽  
Amjad Naveed
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Foreign Capital ◽  
Developed Countries ◽  
Export Diversification ◽  
Asian Countries ◽  
The Impact ◽  
The Relationship

During the last two decades the role of international trade and flow of foreign capital have received considerable attention in the literature. Various studies have examined the impact of export instability and capital instability on economic growth in less developed countries.1 Empirical evidence supports the hypothesis of a deleterious impact of export instability on economic growth. However, some studies also indicated that the relationship was unstable but positive with economic growth.2 Yet there are no systematic empirical investigations into the implied links between export diversification and long-term economic growth, particularly in the case of South Asian countries. The major concern regarding export instability is that it retards economic growth.

scholarly journals ECONOMIC GROWTH OF SOUTHEAST ASIAN COUNTRIES: THE ROLE OF CORRUPTION, NATURAL RESOURCES AND ASEAN COMMUNITY

2020 ◽  
Author(s):  
AISDL
Keyword(s):  
Economic Growth ◽  
Natural Resources ◽  
Southeast Asian ◽  
Asian Countries ◽  
Southeast Asian Countries

JURE VOGRIČ - BILJANA VRHOVACMaster’s Group WorkUNIVERZA V LJUBLJANIEKONOMSKA FAKULTETA 2016

scholarly journals Technology and Economic Growth: Role of Financial Development in South Asian Countries

2019 ◽  
Vol 5 (2) ◽  
pp. 323-332 ◽  
Author(s):  
Imran Sharif Chaudhry ◽  
Samina Sabir ◽  
Fatima Gulzar
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
South Asian ◽  
Method Of Moment ◽  
Asian Countries ◽  
Development Technology ◽  
Generalized Method Of Moment ◽  
Sustainable Economic Growth ◽  
The Impact

Financial development plays an instrumental role in the process of economic growth and development through mobilization of savings and creating investment opportunities. Financial development also leads to enhance the level of technology by providing finance to entrepreneurs for technological innovations which leads to economic growth. This study examines the impact of financial development and technology on economic growth of selected South Asian countries over the time span 1984-2017. Due to endogeneity problem, the empirical model used in the study is estimated by System Generalized Method of Moment (System GMM). Empirical results indicated that financial development, technology and human capital have positive and significant impact on economic growth in developing South Asian countries. To attain a sustainable economic growth, South Asian countries should put their efforts to develop their financial market that stimulates economic growth by providing finance to entrepreneurs for innovations.

scholarly journals Natural resources and CO2 emissions nexus: Sustainable development path for South Asian countries

2021 ◽  
Author(s):  
Usman Mehmood ◽  
Keyword(s):  
Renewable Energy ◽  
Sri Lanka ◽  
Natural Resources ◽  
Co2 Emissions ◽  
South Asian ◽  
Energy Use ◽  
Trade Openness ◽  
Kuznets Curve ◽  
Asian Countries

The rapid deterioration of the environment has attracted the world’s attention to find the determinants of carbon dioxide (CO2) emissions. In this line, many studies have probed the factors affecting CO2 emissions but the role of natural resources has been overlooked significantly. Therefore, this study attempts to fill this gap by investigating the role of natural resources in CO2 emissions in four South Asian countries over the annual period of 1990-2019. Other variables of trade openness, renewable energy, energy use and gross domestic product (GDP) were also included in the model. Findings of the autoregressive-distributed lag (ARDL) method reveal that natural resources reduce CO2 emissions in Pakistan and India. The abundance of natural resources, increases CO2 emissions in Bangladesh. This association was not found significant in Sri Lanka. Moreover, this research confirmed Environmental Kuznets curve (EKC) in Pakistan, India, Bangladesh and Sri Lanka. Renewable energy is reducing CO2 emissions in these countries. Therefore, natural resources are essential to reduce CO2 emissions in Pakistan and India. Bangladesh needs to utilize its natural resources efficiently to improve air quality.

scholarly journals Foreign Aid, Domestic Savings, And Economic Growth In South Asia

2013 ◽  
Vol 12 (11) ◽  
pp. 1389 ◽  
Author(s):  
Hem C. Basnet
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
South Asian ◽  
Equation System ◽  
Simultaneous Equation ◽  
Asian Countries ◽  
Simultaneous Equation System ◽  
Domestic Savings ◽  
Considerable Controversy

The role of foreign aid in promoting growth by complimenting domestic savings has been an issue of considerable controversy. This study examines the role of foreign aid on domestic savings and economic growth in South Asian countries - Bangladesh, India, Nepal, Pakistan, and Sri-Lanka - by using simultaneous equation system in which growth and savings are jointly determined. The results indicate that aid has a positive and significant effect on the growth rates of the five nations studied during 1960 to 2008. However, foreign aid appears to crowd out domestic savings rather than complementing it.

Exploring the Channels and Impact of Debt on Economic Growth

2018 ◽  
Vol 19 (2) ◽  
pp. 171-191
Author(s):  
Kashif Munir ◽  
Nisma Riffat Mehmood
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Good Governance ◽  
Public Investment ◽  
Fixed Effect Model ◽  
Asian Countries ◽  
Conditional Convergence ◽  
Macroeconomic Policies ◽  
Effect Model ◽  
Private And Public

The objective of this study is to analyse the effect of debt on economic growth as well as the channels, that is, investment, total factor productivity (TFP), interest rate and saving channel through which debt affects economic growth in South Asian countries. The study uses growth model based on conditional convergence and augments to include debt. Panel data of four South Asian countries from 1990 to 2013 at annual frequency are utilized and fixed effect model is used for estimation. The results of the study showed that inverted U-shaped relationship exists between debt and economic growth in South Asian countries. However, the most important and significant channel through which debt affects economic growth is private and public investment as well as TFP. Reducing debt accumulation alone will not rectify the problem unless the supplementary macroeconomic policies are made sound; therefore, there is a dire need to improve macroeconomic policies, good governance and elimination of structural distortions. JEL: C23, H6, O47

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