scholarly journals Review of sustainable diets: are nutritional objectives and low-carbon-emission objectives compatible?

2020 ◽  
Vol 101 (1) ◽  
pp. 117-146 ◽  
Author(s):  
Erica Doro ◽  
Vincent Réquillart

Abstract Food systems in developed countries face one major challenge, namely the promotion of diets that are both healthy and generate less greenhouse gas emissions (GHGE). In this article, we review papers evaluating the impact of a change in diets on both health and GHGE. We address the following questions: How big are the health and environmental impacts that could be induced by a switch to healthier diets? In monetary value, what is the relative importance of the health impact and the environmental impact? Is it possible to design an economic policy to increase global welfare that also takes into account the externalities on both health and the environment? Since the way the change in diet is modeled is a key issue, we classify papers according to the methodology used for simulating diet changes: ad hoc scenarios, optimized diets, and economic modeling. We find that it is possible to design economic policies that have positive impacts on both dimension. Because the substitutions/complementarities between food products are complex, it is not granted that a policy targeting one dimension will generate positive effects on the other dimensions. However, given the diversity of substitution and the complementarity possibilities between products, it is possible to design a policy that does improve both dimensions. A carbon-based tax policy that targets the products with a high greenhouse gas content (e.g., meat products) and reinvests the revenues collected with the tax to subsidize the consumption of fruit and vegetables, is likely to have positive effects on both dimensions.

2021 ◽  
pp. 097226292110225
Author(s):  
Rakesh Kumar Verma ◽  
Rohit Bansal

Purpose: A green bond is a financial instrument issued by governments, financial institutions and corporations to fund green projects, such as those involving renewable energy, green buildings, low carbon transport, etc. This study analyses the effect of green-bond issue announcement on the issuer’s stock price movement. It shows the reaction of the stock price after the issue of green bonds. Methodology: This study is based on secondary data. Green-bond issue dates have been collected from newspaper articles from different online sources, such as Business Standard, The Economic Times, Moneycontrol, etc. The closing prices of stocks have been taken from the NSE (National Stock Exchange of India Limited) website. An event window of 21 days has been fixed for the study, including the 10 days before and after the issue date. Data analysis is carried out through the event study method using the R software. Calculation of abnormal returns is done using three models: mean-adjusted returns model, market-adjusted returns model and risk-adjusted returns model. Findings: The results show that the issue of green bonds has a significant positive effect on the stock price. Returns increase after the green-bond issue announcement. Although the announcement day shows a negative return for all the samples taken for the study, the 10-day cumulative abnormal return (CAR) is positive. Thus, green-bond issues lead to positive sentiments among investors. Research implications: This research article will help the government issue more green bonds so that the proceeds can be utilized for green projects. The government should motivate corporations and financial institutions to issue more green bonds to help the economy grow. In India, very few organizations have issued a green bond. It will be beneficial if these players issue green bonds, as it will increase the firms’ value and boost returns to the investors. Originality/value: The effect of green-bond issue on stock returns has been analysed in some studies in developed countries. This is the first study to examine the impact of green-bond issue on stock returns in the Indian context, to the best of our knowledge.


2015 ◽  
Vol 22 (03) ◽  
pp. 26-45
Author(s):  
Bon Nguyen Van

Foreign direct investment (FDI) has been strongly affecting the world economy during the past years and is a critical topic for both developing and developed countries. Most countries, particularly developing ones, always attempt to adjust and modify appropriate policies and institutions to attract FDI inflows. In the context of Vietnam, does the institutional quality have any effect on attracting FDI inflows in provinces? To answer clearly and exactly this question, the impact of institutional quality on attracting FDI inflows is empirically investigated in a sample of 43 provinces of Vietnam over the period of 2005–2012 via the estimation technique of difference panel GMM. Estimated results indicate that in the total sample of all provinces the institutional quality has significantly positive effects on the FDI flows. However, in the sub-sample of provinces the impact of the institutional quality on attracting FDI inflows in Northern and Southern regions are statistically significant while that in Central region is not.


2012 ◽  
Vol 48 (No. 10) ◽  
pp. 449-455 ◽  
Author(s):  
V. Bečvářová

The market extension generally affects growth performance positively by allowing an expansion of markets, by increasing outside competition as well as by more rapid diffusion of new products, processes and research output between national economies. The positive effects of considerable market on productivity are indubitable. However, two other weighty phenomena of the process are necessary to investigate, effects of regulatory policy and market power exhibits. Agriculture as a sector belongs to those, where the support policies exist for a long time. Nevertheless, the last decades have witnessed considerable changes in this sector among most of developed countries and their agricultural/regulatory policies. It has been perceived, that the agriculture for 21st century cannot be separated from the other components of agri-food sector. The economic importance of the processing and finalization stages (i.e. food industry and food distribution) has increased over time. There are concerned inter-relationships between the market structures development and the crucial factors of the interconnected markets developments in the framework of production verticals of agricultural commodities. Reflecting the steadily more sophisticated supply side behaviour, solution is based upon the demand oriented approach explaining changes of the position of agriculture within the agri-food chain. Conflict of interest between the regulatory/agricultural policy and the market power of input supply and output processing firms and retail notably has increased dramatically. Economic manifestation of the increasing market power on the demand side as well as the impact of market interrelationships and change of policy regulation efficiency within commodity chains are characterised there.  The position of agriculture within the agri-food chain has changed and the influence of farmers has decreased. Success of agricultural enterprises in achieving their operational goals is still more influenced by improvements in productivity and by competitiveness of other “links” of the agri-food chain.


2019 ◽  
Vol 11 (3) ◽  
pp. 835 ◽  
Author(s):  
Zuzana Smeets-Kristkova ◽  
Thom Achterbosch ◽  
Marijke Kuiper

Nigeria is one of the most dynamic economies in Africa. Strong GDP and population growth coupled with urbanization trends place tremendous pressures on natural resources and the food systems that are dependent on them. Understanding the impact of these “mega trends” is important to identify key leverage points for navigating towards improved nutrition and food security in Nigeria. This paper contributes to the Foresight Project of the Food Systems for Healthier Diets which aims to analyse how the food system in Nigeria is expected to transform in the next decades, and to identify the leverage points for making sure that the transformation contributes to balanced consumer diets. For the food systems foresight, a well-established global economy-wide model, MAGNET, is applied that enables to capture the interlinkages among different food industry players in one consistent framework. By linking MAGNET to the GENUS nutritional database, it is further possible to relate the developments occurring on a macro-level with detailed macro and micronutrient consumption. Model projections suggest that a process of intensification of agriculture in combination with land substitution appears critical for the evolution of food and nutrition security, and for shifts towards healthy diets for the population. Intensification results in greater diversity of the production systems, which in turn cascades into positive effects on the diversity in the food supply and better food security outcomes.


2021 ◽  
Vol 43 (1) ◽  
pp. 1-9
Author(s):  
Jongsek Kim ◽  
Noh-Hyun Lim ◽  
Yoonmi Shin ◽  
Kyungwook Park ◽  
Ihn Sup Han

Objectives:In accordance with the concern of global warming problem, many companies in Korea are striving to reduce greenhouse gas emissions in accordance with consumer awareness. Many studies have been reported for various products; however it is difficult to find carbonated soft drinks in Korea. The purpose of this study is to the impact of the greenhouse gas emissions, especially carbonated soft drinks in Korea.Methods:Calculation method of the greenhouse gas emissions followed “Guidelines for Carbon Footprint of Products” used in Korean Carbon Footprint Labeling. It was developed based on international standards such as ISO 14040 series. Life cycle of carbonated soft drinks was considered as a pre-manufacturing stage, manufacturing stage, distribution and disposal stage. Use stage of the product was excluded.Results and Discussion:This study shows that the package types and amounts for pre-manufacturing, manufacturing and disposal steps of carbonated soft drinks (the unit contents: 500 mL/unit, 1.5 L/unit), and also shows the results of greenhouse gas emissions. From the results, the pre-manufacturing stage of PET bottle manufacturing is the first contributor that occupy above 60% of greenhouse gas emissions. For reducing carbon emissions, low carbon manufacturing techniques for PET bottle are important. Sensitivity analysis was performed for PET bottle manufacturing, cap manufacturing and waste plastic disposal including site data and assumptions made. The sensitivity of each item was less than 7%.Conclusions:In conclusion, this study shows that the pre-manufacturing step of PET bottle and cap production have very significant impact on the greenhouse gas emissions. Therefore lightweight packages and usage of recycled plastics would be main techniques for reducing greenhouse gas emissions of carbonated soft drinks. From this study, the increment of product’s carbon footprint certification would be used as an effective policy instrument for achieving reduction goals of Korea Government. And also it could be used to spread the culture of reducing greenhouse gas emissions.


2019 ◽  
Vol 31 (1) ◽  
pp. 143-148
Author(s):  
Nikola Vidović ◽  
Milenko Dželetović ◽  
Hatidža Beriša

The paper focuses on a topic that explains the impact of credit flows on the conduct of monetary policy, as well as their impact on economic activities within national economies in certain countries in the world. Function and importance for the banking sector, as well as for all economic entities, which are categorized by company size, and the impact on the performance and realization of business activities.By comparing similarities and differences, there is a clear distinction between the basic banking channel of credit and the credit channel in the wider sense, as well as their degree of operation in the period before, during, and after the global economic crisis. The paper highlights the positive effects, as well as the negative, ie how their implementation affects the actors of a country's economic system and what are the consequences with a focus on demand, personal consumption, inflation and employment. The problems of adequate application of the model in periods of recession, as well as the degree of representation in developed countries, moderately developed, and countries in the transition period are studied.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Manogna R L

PurposeInnovation strategy and its outcomes may be different for agricultural input firms in developing countries than those operating in developed countries; hence, a study of developing economy should be an important addition to the literature which has earlier focussed mainly on developed countries. Indian firms which were previously catering to domestic demand are now the exporters of major agricultural machinery such as tractors and pesticides.Design/methodology/approachRapid growth in demand for the agricultural inputs and improvement in technology implementations have led us to study the performance and transformation of these input industries. An empirical analysis was performed on the listed agricultural input firms during 2001–2019 to investigate the relationship between the R&D efforts and growth of firms in the seed, pesticide, fertiliser and agricultural machinery industries using the system-generalised methods of moments (GMM) technique on the panel of 1,320 firm-year observations.FindingsThe findings reveal that investments in innovations have a positive and lagged effect on the growth of firms in the Indian agricultural inputs industry. A further analysis reveals that younger firms grow faster when they invest in R&D. More specifically, the author finds evidence in the case of the agricultural inputs industry that import of raw materials negatively affects the firms' growth (FG) and export intensity (EI) positively affects the growth in the case of R&D firms. Investments in R&D are also seen to enable firms to reap benefits from externalities present in the industry.Research limitations/implicationsThis study suggests that the government should encourage the industries to invest optimally in R&D projects by providing favourable fiscal treatments and R&D subsidies which are observed to have positive effects in various developed countries.Originality/valueThere are very few studies that have explored the impact of R&D expenditure on the firm performance in agricultural inputs industry, especially in an emerging economy context like India.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noor Zahirah Mohd Sidek

Purpose This paper aims to re-examine the impact of government expenditure on income inequality. Existing studies provide mixed results on whether government expenditure reduces or increases income inequality. In this paper, government expenditure is viewed as a tool for redistribution, hence, its impact on inequality is examined. Design/methodology/approach A sample of 122 countries with 91 and 31 countries categorized as developing and developed countries is used. The dynamic panel threshold regression is used to examine the impact of government expenditure on income inequality and to estimate the turning point of the negative or positive effects. Findings The major findings suggest that, in general, government expenditure does reduce income inequality. Results from developed countries support the inversed U-shaped Kuznet curve where higher government expenditure initially led to more inequality but would eventually bring about a positive effect after a certain threshold level. For developing countries, education and development expenditure were the driving forces towards lower income inequality. Practical implications Several policy implications can be derived from this paper. First, government expenditure is a useful tool to alleviate the problem of income inequality. More integration with the global economy via trading activities is also an important channel to help reduce income inequality. Finally, better institutional quality provides an effective ecosystem in promoting better redistribution of income via government expenditure. Originality/value This paper presents a maiden attempt to estimate a threshold value or when government expenditure starts to reduce or increase income inequality. The sample is segregated into developed and developing countries to further control the effect of government size and the level of development of a country.


2015 ◽  
Vol 03 (03) ◽  
pp. 1550021
Author(s):  
Ying CHEN ◽  
Liyong LIU ◽  
Ying ZHANG

With the increase of urban population around the world, the massive construction of urban infrastructure and residential housing is hard to avoid. Urbanization has become a major factor that influences carbon emissions instead of a secondary factor due to more and more energy consumption and carbon emissions caused by the economic activities related to urbanization. China is in a stage of rapid development of urbanization, and urban construction has a huge potential demand for steel and iron, cement, and other high energy-consuming products, and thus the development of urbanization in the future will bring great challenge to the realization of China’s carbon emissions peak. Through the exploration and the analysis of the mechanism of urbanization’s impact on carbon emissions and the experience of urbanization development in developed countries, this paper summarizes the general evolving rules of carbon emissions peak along with the development of urbanization, defines the present stage of our country and briefly analyzes the arrival of China’s carbon emissions peak in the future. During the process of China’s new-type urbanization development in the future, we should make a scientific planning integrated with low-carbon concept from the demographic, social, economic, spatial structure, technical, and other dimensions, in order to reduce the impact of urbanization development on carbon emissions and realize the carbon emissions peak of China early.


Sign in / Sign up

Export Citation Format

Share Document