Developing long- and short-run nexus between industrial growth, economic growth, and trade balance of China

2021 ◽  
Author(s):  
Rabia Shahid ◽  
Li Shijie ◽  
Aadil Hameed Shah
Keyword(s):  
Economic Growth ◽  
Trade Balance ◽  
Industrial Growth ◽  
Short Run ◽  
Growth Economic

scholarly journals Causality Analysis: Economic Growth, Economic Openness, Energy Consumption, and Carbon Dioxide Emission Indonesia

2021 ◽  
Vol 36 (2) ◽  
pp. 124
Author(s):  
Azhima Muhammad Fattah ◽  
Jaka Aminata ◽  
Indah Susilowati ◽  
Arief Pujiyono
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Economic Development ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Causality Analysis ◽  
Economic Openness ◽  
Long Run ◽  
Short Run ◽  
Growth Economic

The purpose of this research is to analyze the causality between economic variables, i.e. economic growth, economic openness, and energy consumption to carbon dioxide emissions, and analyze short-run and long-run connections between research variables in Indonesia during the period 1971 to 2018. This research is using VECM analysis and Granger Causality. The results of the VECM analysis in this research show that in the short-run the variable carbon dioxide emissions in the previous period, economic openness, and energy consumption have a significant effect on carbon dioxide emissions in Indonesia, and in the long run, the variables of economic growth, economic openness, and energy consumption have a significant effect on carbon dioxide emissions in Indonesia. The Granger Causality analysis found a bidirectional causality between energy consumption and carbon dioxide emissions. It also found unidirectional causality between economic growth and carbon dioxide emissions. The recommendations that can be shared are that The Government of Indonesia should be more worried about the degradation in environmental quality in Indonesia as a result of economic development. On the other hand, in achieving sustainable economic development, the Indonesian Government must immediately use energy resources more efficiently and environmentally friendly

The Pattern of Austrian Industrial Growth from the Eighteenth to the Early Twentieth Century

1975 ◽  
Vol 11 ◽  
pp. 3-25 ◽  
Author(s):  
Richard L. Rudolph
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic History ◽  
Early Stage ◽  
Industrial Growth ◽  
Analytical Work ◽  
History Of ◽  
The Subject ◽  
Economic Developments ◽  
Growth Economic

The wealth of literature published in the last twenty-five years on economic growth, economic development, and comparative economic history contains little information about Austria-Hungary. Fortunately, this situation shows signs of improving as the few recent articles and monographs on the subject are beginning to be utilized in the more general literature. Although the general lack of attention to Austria-Hungary clearly indicates that serious analytical work on the economic history of the area is still in a very early stage, the relatively few studies published on the subject have already changed the views of scholars on economic developments in the Habsburg lands.

Production capacity of Russian industry: Potential of import Substitution and economic Growth

2015 ◽  
pp. 5-24 ◽  
Author(s):  
B. Zamaraev ◽  
T. Marshova
Keyword(s):  
Economic Growth ◽  
Import Substitution ◽  
Production Capacity ◽  
Current Level ◽  
High Tech ◽  
Industrial Growth ◽  
Russian Industry ◽  
Technological Modernization ◽  
Capacity Structure ◽  
Idle Capacity

The article examines the state of production capacity of Russian industry. It is shown that in spite of certain positive shifts, the rate of technological modernization in recent years has been insufficient for marked progressive changes in the capacity structure and quality. In contrast to the industrial growth after the crisis of 1998 that took place in the presence of significant reserves of capacity, the current level of idle capacity is much lower. The lack of mass input of modern and high-tech industries objectively limits the possibilities of import substitution and economic growth.

Electricity consumption and economic growth in ASEAN

2017 ◽  
Vol 5 (2) ◽  
pp. 16
Author(s):  
Ahmad Ghazali Ismail ◽  
Arlinah Abd Rashid ◽  
Azlina Hanif
Keyword(s):  
Economic Growth ◽  
Energy Use ◽  
Electricity Consumption ◽  
Panel Estimation ◽  
Real Gdp ◽  
Long Run ◽  
Bidirectional Relationship ◽  
Short Run ◽  
Using Data ◽  
The Relationship

The relationship and causality direction between electricity consumption and economic growth is an important issue in the fields of energy economics and policies towards energy use. Extensive literatures has discussed the issue, but the array of findings provides anything but consensus on either the existence of relations or direction of causality between the variables. This study extends research in this area by studying the long-run and causal relations between economic growth, electricity consumption, labour and capital based on the neo-classical one sector aggregate production technology mode using data of electricity consumption and real GDP for ASEAN from the year 1983 to 2012. The analysis is conducted using advanced panel estimation approaches and found no causality in the short run while in the long-run, the results indicate that there are bidirectional relationship among variables. This study provides supplementary evidences of relationship between electricity consumption and economic growth in ASEAN.

ANALISIS PENGARUH EKSPOR TERHADAP PERTUMBUHAN EKONOMI INDONESIA

2017 ◽  
Vol 11 (1) ◽  
pp. 1-20
Author(s):  
Ari Mulianta Ginting
Keyword(s):  
Economic Growth ◽  
Export Performance ◽  
Descriptive Analysis ◽  
Correction Model ◽  
Administration System ◽  
Long Run ◽  
Short Run ◽  
Available Information ◽  
Increasing Trends ◽  
The Relationship

Ekspor merupakan salah satu faktor terjadinya peningkatan pertumbuhan ekonomi suatu negara, sejalan dengan hipotesis export-led growth (ELG). Penelitian ini menganalisis perkembangan ekspor dan pertumbuhan ekonomi Indonesia periode kuartal I 2001 sampai dengan kuartal IV 2015. Penelitian ini menggunakan analisis deskriptif dalam menggambarkan perkembangan pertumbuhan ekonomi serta ekspor dan analisis kuantitatif metode Error Correction Model (ECM) dalam menganalisis efek jangka panjang dan jangka pendek dari ekspor terhadap pertumbuhan ekonomi. Pada periode penelitian, data yang ada menunjukkan bahwa ekspor dan pertumbuhan ekonomi Indonesia sama-sama mengalami peningkatan. Hasil regresi ECM menunjukkan bahwa ekspor memiliki pengaruh yang positif dan signifikan secara statistik terhadap pertumbuhan ekonomi Indonesia, yang mendukung hipotesis bahwa ELG berlaku untuk Indonesia. Berdasarkan hasil penelitian ini, maka untuk mendorong pertumbuhan ekonomi Indonesia diperlukan peningkatan kinerja ekspor Indonesia. Peningkatan kinerja ekspor Indonesia dapat dilakukan dengan berbagai cara, salah satunya adalah dengan perbaikan sistem administrasi ekspor, peningkatan riset dan pengembangan produk Indonesia, peningkatan sarana dan prasarana infrastruktur, stabilitas nilai tukar dan perluasan pasar non tradisional, termasuk perbaikan struktur ekspor komoditas. Export is one of the factors behind the economic growth which is in line with the export-led growth hypotesis (ELG). This research analyzes the relationship between economic growth and export of Indonesia during first quarter of 2001 until fourth quarter of 2015. It employs descriptive analysis to describe export movement and economic growth during the study period and ECM model to analyze the long run and the short run effects of export on the economic growth. The available information indicated that, during the study period, both export and economic growth showed similar increasing trends. The result of the ECM model revealed that export had a positive and statistically significant relationship with the economic growth, supporting the hypotesis of ELG in Indonesia. Hence, to accelerate economic growth, efforts are required to boost the export performance in Indonesia. The Export performance can be increased by several way, such as improving the export administration system, increasing the research and development of Indonesian products, improving the facilities and infrastructure, exchange rate stability and the non-tradisional markets expansion, and including improvement of the export commodity structure.

scholarly journals Economic Development, CO2 Emissions and Energy Use Nexus-Evidence from the Danube Region Countries

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3165
Author(s):  
Eva Litavcová ◽  
Jana Chovancová
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Carbon Emissions ◽  
Bounds Testing ◽  
Mutual Cooperation ◽  
Long Run ◽  
Short Run ◽  
Danube Region ◽  
The Impact

The aim of this study is to examine the empirical cointegration, long-run and short-run dynamics and causal relationships between carbon emissions, energy consumption and economic growth in 14 Danube region countries over the period of 1990–2019. The autoregressive distributed lag (ARDL) bounds testing methodology was applied for each of the examined variables as a dependent variable. Limited by the length of the time series, we excluded two countries from the analysis and obtained valid results for the others for 26 of 36 ARDL models. The ARDL bounds reliably confirmed long-run cointegration between carbon emissions, energy consumption and economic growth in Austria, Czechia, Slovakia, and Slovenia. Economic growth and energy consumption have a significant impact on carbon emissions in the long-run in all of these four countries; in the short-run, the impact of economic growth is significant in Austria. Likewise, when examining cointegration between energy consumption, carbon emissions, and economic growth in the short-run, a significant contribution of CO2 emissions on energy consumptions for seven countries was found as a result of nine valid models. The results contribute to the information base essential for making responsible and informed decisions by policymakers and other stakeholders in individual countries. Moreover, they can serve as a platform for mutual cooperation and cohesion among countries in this region.

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