Renewable energy consumption, economic growth and human development index in Pakistan: Evidence form simultaneous equation model

2018 ◽  
Vol 184 ◽  
pp. 1081-1090 ◽  
Author(s):  
Zhaohua Wang ◽  
Danish ◽  
Bin Zhang ◽  
Bo Wang
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Human Development ◽  
Human Development Index ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Simultaneous Equation Model ◽  
Renewable Energy Consumption ◽  
Development Index

scholarly journals ANALISIS DANA OTONOMI KHUSUS TERHADAP HUMAN DEVELOPMENT DAN PERTUMBUHAN EKONOMI DI KABUPATEN MERAUKE

2019 ◽  
Vol 1 (2) ◽  
pp. 113-118
Author(s):  
Yuan Williamson Tamberan ◽  
Romualdus Turu Putra Maro Djanggo
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Data Collection ◽  
Human Development ◽  
Human Development Index ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Simultaneous Equation Model ◽  
Development Index ◽  
Model Approach

This research aims to determine the effect of allocation of special Autonomy Fund in Education, special autonomy Fund in health education and special autonomy fund in the field of infrastructure education to economic growth directly or indirectly through the human development index in Merauke Regency. The type of data used is data time series and data collection is done by the documentation method. Data was analyzed using the simultaneous equation model approach with the help of SPSS Amos 21 software. The results showed that the special Autonomy fund variable has been positively significant to the economic growth directly, indirectly through the human development Index of Special Autonomy Fund fields Education is not significant to economic growth. Health special Autonomy fund variables and special autonomy fund infrastructure areas are directly significant to economic growth. Meanwhile, indirectly through human development index a variable of special autonomy fund in Health and Special Autonomy fund areas of infrastructure are positively significant to the economic growth Key words: Special autonomy, human development index, economic growth

scholarly journals A MODIFIED HUMAN DEVELOPMENT INDEX, DEMOCRACY AND ECONOMIC GROWTH IN INDONESIA

2020 ◽  
Vol 8 (2) ◽  
pp. 732-743
Author(s):  
Erly Leiwakabessy ◽  
Amaluddin Amaluddin
Keyword(s):  
Economic Growth ◽  
Human Development ◽  
Human Development Index ◽  
Composite Index ◽  
Private Investment ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Development Economic ◽  
Development Index ◽  
Central Java

Purpose of the study: Firstly, to construct a modified human development index by incorporating new dimensions (democracy and employment). Secondly, to measure and compare human development progress in Indonesian provinces. Thirdly, to examine the nexus between human development, economic growth, and democracy during the period 2010-2017. Methodology: Principle Component Analysis (PCA) method is employed to combining components into one index (composite index) which we call MHDI. The panel simultaneous equation model is applied to examine the nexus between human development, economic growth, and democracy. Main Findings: There were significant ranking differences between MHDI and HDI-UNDP in 24 provinces of 33 Indonesian provinces. The most significant ranking differences were found in several provinces, especially Maluku, West Java, Central Java, East Java, and Central Kalimantan. The study found a strong two-way relationship between human development and economic growth as well as between human development and democracy. Applications of this study: This study recommends that human development policies supported by rapid economic growth and democratic stability should be one of the development priorities through government spending and support from private investment (the private sector) which focuses on the development of education and health infrastructure throughout the Indonesian province. Novelty/Originality of this study: This study employs different methods for constructing a human development index by incorporating a new dimension (democracy and employment).

scholarly journals Incorporating Environmental Pollution and Human Development in the Energy-Growth Nexus: A Novel Long Run Investigation for Pakistan

2020 ◽  
Vol 17 (14) ◽  
pp. 5154 ◽  
Author(s):  
Nabila Abid ◽  
Jianzu Wu ◽  
Fayyaz Ahmad ◽  
Muhammad Umar Draz ◽  
Abbas Ali Chandio ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Human Development ◽  
Environmental Sustainability ◽  
Human Development Index ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Renewable Energy Consumption ◽  
Long Run

Energy acts as a catalyst to boost the human development index (HDI) in a country. However, the overuse of energy leads to environmental deterioration, which is a byproduct of economic development. Due to the utilization of non-renewable energy sources for a long time, worldwide environmental conditions have become alarming. This study investigates the relationship between renewable and non-renewable energy consumption, economic growth, environmental sustainability, and the human development index (HDI) in Pakistan. The investigation incorporates population growth and technology variables to form a multivariate framework. We use a fully modified ordinary least squares (FMOLS) approach to time-series data from 1990–2017. To check the robustness of estimations, we apply the Gregory–Hansen test with a causality test under the VECM to confirm this association’s directions. Our findings confirm that non-renewable energy sources have a positive association with economic growth and CO2 emissions. However, human development, technology, and renewable energy boost economic development and reduce environmental pollution in Pakistan. The co-integration results confirmed the long run connectivity among all variables. The causality outcomes support the bidirectional causality between renewable and non-renewable energy consumption, economic growth, and CO2 emissions, both in the short and long run. These outcomes suggest that Pakistan should focus on energy shifts and gradually increase the share of renewables in its energy mix under the China Pakistan Economic Corridor (CPEC). Additionally, the government should increase human and technological development to enhance economic and environmental sustainability.

scholarly journals Human Development Index, ICT, and Renewable Energy-Growth Nexus for Sustainable Development: A Novel PVAR Analysis

2021 ◽  
Vol 9 ◽  
Author(s):  
Anam Azam ◽  
Muhammad Rafiq ◽  
Muhammad Shafique ◽  
Jiahai Yuan ◽  
Sultan Salem
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Human Development ◽  
Information And Communication Technologies ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Human Development Index ◽  
Sustainable Growth ◽  
Development Index ◽  
Information And Communication

The relevance of information and communication technology to long-lasting human improvement cannot be disregarded in this modern world. From this perspective, this study analyzed the association between information and communication technologies, renewable energy, economic growth, and human development indices considering CO2 emissions and remittances from 1990 to 2017 in 30 developing countries by using the panel vector autoregressive (PVAR) model. The findings of the empirical investigation point to the considerable favorable relationship between information and communication technology, renewable energy, and economic growth with the human development index. The causality results suggest that there is bidirectional causality between renewable energy and the human development index. In addition, there is unidirectional causality from human development to information and communication technology. However, the study recommends implementing information and communication technology-related policies to trigger renewable energy for sustainable growth and the human development index.

Remittances, Economic Growth and Poverty: A Case of African OIC Member Countries

2018 ◽  
Vol 57 (2) ◽  
pp. 121-143
Author(s):  
Nasim Shah Shirazi ◽  
Sajid Amin Javed ◽  
Dawood Ashraf
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Poverty Reduction ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Annual Data ◽  
Simultaneous Equation Model ◽  
African Countries ◽  
Alternative Source ◽  
The Impact

This paper investigates the impact of remittance inflows on economic growth and poverty reduction for seven African countries using annual data from 1992-2010. By using the depth of hunger as a proxy for poverty in a Simultaneous Equation Model (SEM), we find that remittances have statistically significant growth enhancing and poverty reducing impact. Drawing on our estimates, we conclude that financial development level significantly increases the remittances inflows and strengthens poverty alleviating impact of remittances. Results of our study further show a signficant interactive imapct of remittances and finacial develpment on economic growth, suggesting the substitutability between remittance inflows and financial development. We further find that 3 percentage point increase in credit provision to the private sector (financial development) can help eliminate the severe depth of hunger in the region. Remittances, serving an alternative source of private credit, can be effective in this regard. Keywords: Remittance Inflow, Poverty Alleviation, Financial Development, Simultaneous Equation Model

The Relationship between Human Development and Economic Growth

2018 ◽  
Author(s):  
Frances Stewart ◽  
Gustav Ranis ◽  
Emma Samman
Keyword(s):  
Economic Growth ◽  
Human Development ◽  
Human Development Index ◽  
Econometric Analysis ◽  
Complementary Relationship ◽  
Development Index ◽  
The Relationship ◽  
Intervening Variables

This chapter explores the interactions between economic growth and human development, as measured by the Human Development Index, theoretically and empirically. Drawing on many studies it explores the links in two chains, from economic growth to human development, and from human development to growth. Econometric analysis establishes strong links between economic growth and human development, and intervening variables influencing the strength of the chains. Because of the complementary relationship, putting emphasis on economic growth alone is not a long-term viable strategy, as growth is likely to be impeded by failure on human development. The chapter classifies country performance in four ways: virtuous cycles where both growth and human development are successful; vicious cycles where both are weak; and lopsided ones where the economy is strong but human development is weak, or conversely ones where human development is strong but the economy is weak.

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