scholarly journals Public spending and green economic growth in BRI region: Mediating role of green finance

Energy Policy ◽  
2021 ◽  
Vol 153 ◽  
pp. 112256
Author(s):  
Dongyang Zhang ◽  
Muhammad Mohsin ◽  
Abdul Khaliq Rasheed ◽  
Youngho Chang ◽  
Farhad Taghizadeh-Hesary
Keyword(s):  
Economic Growth ◽  
Public Spending ◽  
Mediating Role ◽  
Green Finance

scholarly journals Role of Governance in Debt-Growth Relationship: Evidence from Panel Data Estimations

2021 ◽  
Vol 13 (11) ◽  
pp. 5954
Author(s):  
Qamar Abbas ◽  
Li Junqing ◽  
Muhammad Ramzan ◽  
Sumbal Fatima
Keyword(s):  
Economic Growth ◽  
Public Debt ◽  
Negative Impact ◽  
Positive Impact ◽  
Linear Pattern ◽  
The Public ◽  
Mediating Role ◽  
National Output ◽  
State Governance

This paper provides an empirical analysis of the relationship between debt and national output mediated by a measure of the quality of state governance. Using WGIs dataset of 106 countries for the period 1996–2015, the paper analyzes the mediated effect of governance on debt-growth relationship. For this purpose, we use the fixed effect (LSDV) and system GMM estimation technique in order to overcome the possible problem of endogeneity. Results show the non-linear pattern between public debt and economic growth via governance. Although, public debt has negative impact on economic growth, but the results are statistically positive and significant when public debt is interacted with governance, which confirms that governance is a channel by which public debt influences economic growth. Moreover, we calculate the threshold of governance which shows that the public debt has positive impact on economic growth when the governance level is higher than the threshold and adversely affects the economic growth in the case of low level of governance than threshold. Evidence from this study reveals the fact that governance plays a mediating role in debt-growth relationship as there is a pattern of complementarity between public debt and governance: the higher the level of governance, the lesser the adverse effect of public debt on economic growth.

The role of public spending in economic growth: Envelopment methods

2006 ◽  
Vol 28 (4) ◽  
pp. 403-413 ◽  
Author(s):  
Bruno Ventelou ◽  
Xavier Bry
Keyword(s):  
Economic Growth ◽  
Public Spending

scholarly journals Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency

2021 ◽  
Vol 9 ◽  
Author(s):  
Lei Chang ◽  
Jianhe Wang ◽  
Ziman Xiang ◽  
Hongda Liu
Keyword(s):  
Climate Change ◽  
Climate Change Mitigation ◽  
Unit Root Test ◽  
Mediating Role ◽  
Time Space ◽  
Green Finance ◽  
Mitigate Climate Change ◽  
Time Specific ◽  
Change Mitigation

Climate change mitigation (CCM) has not been mainly understood and assessed in the terms of carbon drifts persisting at provincial level of China, and to respond the question that how green financing is better financing option for CCM. Thus, our study intends to test the role of green finance on carbon drifts to manage for the mitigation of climate change. For this, unit root test and panel co-integration technique is applied. Study findings reported that the intricate connection between place-and-time-specific GHG emission reduction responsibilities is significant with 18% and the ‘production’, trading and consumption of carbon allowances with 21% and offsets across vast time-space stretches related carbon drift is significant with 19.5% for climate change mitigation. For such significance, green financing is found imperative indicators which is significant at 27.1% with carbon drifts, and mitigates the climate change with 31.3%, which is, relatively high than usual climate change control practices. Our study also provides detailed policy implication on this topicality for associated stakeholder.

scholarly journals The Impacts of Chinese FDI and China–Africa Trade on Economic Growth of African Countries: The Role of Institutional Quality

Economies ◽  
2020 ◽  
Vol 8 (3) ◽  
pp. 53
Author(s):  
Miao Miao ◽  
Qiaoqi Lang ◽  
Dinkneh Gebre Borojo ◽  
Jiang Yushi ◽  
Xiaoyun Zhang
Keyword(s):  
Economic Growth ◽  
Generalized Method Of Moments ◽  
Institutional Quality ◽  
African Countries ◽  
Policy Action ◽  
Mediating Role ◽  
Theoretical Perspectives ◽  
Chinese Foreign Direct Investment

While there is a consensus on the expanding importance of the China–Africa economic relationship, there is much more debate on how to portray the relationship. Thus, this study is aimed to examine the impacts of the China–Africa trade and Chinese foreign direct investment (FDI) on the growth of African countries controlling the mediating role of institutional quality. The two-step system Generalized method of moments (GMM) model is applied using robust data for the period of 2003–2017. Drawing on complementary theoretical perspectives, this study took into account the conditional effect of China–Africa trade and Chinese FDI subject to the institutional quality of African countries and the interdependence of China–Africa trade and Chinese FDI to African countries. The benign impacts of the China–Africa trade and Chinese FDI on economic growth to African countries remain contingent upon appropriate policy action to improve the institutional quality of African countries and the synergies between the China–Africa trade and Chinese FDI to African countries.

scholarly journals Management and Organization Review Special Issue ‘Coopetition and Innovation in Transforming Economies’

2016 ◽  
Vol 12 (2) ◽  
pp. 417-420
Author(s):  
Jay B. Barney ◽  
Giovanni Battista Dagnino ◽  
Valentina Della Corte ◽  
Eric W.K. Tsang
Keyword(s):  
Economic Growth ◽  
Special Issue ◽  
National Cultures ◽  
Economic Growth And Development ◽  
Economic Disparity ◽  
Mediating Role ◽  
Competition And Cooperation ◽  
Key Features ◽  
Innovation And Change

This Management and Organization Review (MOR) special issue on ‘Coopetition and Innovation in Transforming Economies’ aims to explore key features of the strategic relationship between coopetition and innovation in transforming economies. It is generally accepted that innovation can be a fundamental driver for economic growth, new sources of employment, and dwindling economic disparity. However, increasingly activities of innovation no longer take place primarily within the firm but are often the outcome of the overall set of relationships of the firm. The two phenomena of competition and cooperation have become more and more inter-related, thus creating new opportunities, affecting innovation and change. This reality is of special interest in the context of transforming economies’ transition to higher value adding economic growth and development due to, for example, the specific moderating or mediating role of national cultures and philosophical inspiration (e.g., Taoism, Confucianism, Hinduism, and Buddhism) in shaping the coopetitive mindset (Dagnino, Di Guardo, & Padula, 2012) and the potential differentiation between countries and regional ecologies.

scholarly journals Management and Organization Review Special Issue ‘Coopetition and Innovation in Transforming Economies’

2017 ◽  
Vol 13 (1) ◽  
pp. 201-204 ◽  
Author(s):  
Jay B. Barney ◽  
Giovanni Battista Dagnino ◽  
Valentina Della Corte ◽  
Eric W.K. Tsang
Keyword(s):  
Economic Growth ◽  
Special Issue ◽  
National Cultures ◽  
Economic Growth And Development ◽  
Economic Disparity ◽  
Mediating Role ◽  
Competition And Cooperation ◽  
Key Features ◽  
Innovation And Change

This Management and Organization Review (MOR) special issue on ‘Coopetition and Innovation in Transforming Economies’ aims to explore key features of the strategic relationship between coopetition and innovation in transforming economies. It is generally accepted that innovation can be a fundamental driver for economic growth, new sources of employment, and dwindling economic disparity. However, increasingly activities of innovation no longer take place primarily within the firm but are often the outcome of the overall set of relationships of the firm. The two phenomena of competition and cooperation have become more and more inter-related, thus creating new opportunities, affecting innovation and change. This reality is of special interest in the context of transforming economies’ transition to higher value adding economic growth and development due to, for example, the specific moderating or mediating role of national cultures and philosophical inspiration (e.g., Taoism, Confucianism, Hinduism, and Buddhism) in shaping the coopetitive mindset (Dagnino, Di Guardo, & Padula, 2012) and the potential differentiation between countries and regional ecologies.

scholarly journals Unleashing the Indirect Influence of FDI in Environmental Degradation via Financial Development and Economic Growth. New Evidence from Asian Countries

2021 ◽  
Author(s):  
Ghulam Muhmmad Qamri ◽  
Bing Sheng ◽  
Rana Ejaz Ali Khan ◽  
Wasisfah Hanim
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Financial Development ◽  
Environmental Degradation ◽  
Environmental Quality ◽  
Direct Investment ◽  
The Political ◽  
Asian Countries ◽  
Mediating Role

Abstract Background:Scholars in developed and emerging economies have widely tested the interactions between foreign direct investment, financial development, economic growth and environmental degradation. Despite a number of empirical and review studies, it is not yet wrap up either the associations are negative, positive, direct or indirect. Additionally, minor attention is given to the indirect role of foreign direct investment in environmental degradation; perhaps no study has yet demonstrated the mediating role of financial development and economic growth between foreign direct investment and environmental degradation in Asian economies. Referring to the fragmented outputs and consequences as well as lacking the indirect role, the present study examines the influence of foreign direct investment on environmental degradation with the mediating role of financial development and economic growth. Results:Secondary data of 21 Asian countries from 1980-2018 were gathered from World Bank Indicators and then performed STATA to test the paths. Our findings are slightly different from the studies conducted in developed economies. The results indicate that foreign direct investment significantly improves environmental quality by deteriorating environmental pollution. It also significantly improves economic growth in the selected regions. Surprisingly, our study shows that foreign direct investment has a significant negative influence on financial development in the Asian regions. Both financial development and economic growth significantly negatively influence environmental degradation in Asian regions. However, financial development partially mediates while economic growth does not play any mediating role between foreign direct investment and environmental degradation in the Asian countries. Trade openness and population growth as control factors do not show any significant role in the model. Conclusions:This research recommends policymakers to focus on the inflow of foreign direct investment in order to enhance economic growth and environmental quality. It is strongly suggested for policymakers to attenuate the political intervention (e.g. ensure the political stability) in the inflow of foreign direct investment, so financial resources can be impartially distributed in the industrial sector and thus the nations will have an effective financial development system. Other implications have described.

Sign in / Sign up

Export Citation Format

Share Document