Nuclear energy, renewable energy and economic growth in Pakistan: Evidence from non-linear autoregressive distributed lag model

2019 ◽  
Vol 139 ◽  
pp. 1299-1309 ◽  
Author(s):  
Muhammad Luqman ◽  
Najid Ahmad ◽  
Khuda Bakhsh
2015 ◽  
Vol 8 (1) ◽  
pp. 28-32
Author(s):  
Ming Na ◽  
Ying Li ◽  
Kang Li

Under the background of the global energy shortage and Japan's Fukushima nuclear spill, Japan is faced with an important choice whether to abandon nuclear power or develop renewable energy. This paper used autoregressive distributed lag model to do the empirical analysis of the relationship between renewable energy generating capacity and economic growth, using the data of renewable energy generating capacity and real GDP between 1991 and 2010. The empirical evidence suggests that renewable energy generating capacity in Japan has emerged the ability to boost and promote economic growth in Japan in both the long-term and short-term. If the Japanese government determines to develop the renewable energy industry vigorously, Japan's economy is likely to usher in the take-off once again in the future, in addition that it will benefit the environmental mitigation and protection issues such as energy security.


2015 ◽  
Vol 8 (1) ◽  
pp. 47-51 ◽  
Author(s):  
Ming Na ◽  
Ying Li ◽  
Kang Li

Under the background of the global energy shortage and Japan's Fukushima nuclear spill, Japan is faced with an important choice whether to abandon nuclear power or develop renewable energy. This paper used autoregressive distributed lag model to do the empirical analysis of the relationship between renewable energy generating capacity and economic growth, using the data of renewable energy generating capacity and real GDP between 1991 and 2010. The empirical evidence suggests that renewable energy generating capacity in Japan has emerged the ability to boost and promote economic growth in Japan in the both long-term and short-term. If the Japanese government determined to develop the renewable energy industry vigorously, Japan's economy is likely to usher in the take-off once again in the future, in addition that it will benefit the environmental mitigation and protection issues such as energy security.


Author(s):  
Adenuga Fabian Adekoya ◽  
Nor Azam Abdul Razak

Abstract The level of crime in Nigeria has become devastating and in order to put more sanity into the economy and the country at large, the Government has embarked on different deterrence measures in curbing crime. Thus, this study examined the interaction of deterrence measures with crime in order to see how economic growth was affected when they were used in curbing crime at different instances. That is, the interaction of deterrence measures with crime informed us how they have helped in lowering crime in Nigeria for a better economic growth to subsist. The deterrence measures considered in this work are in line with the rational choice theory being the cost of crime imposed on the society. Furthermore, this study considered data from 1975 to 2013 with the use of autoregressive distributed lag model. Moreover, the results showed that crime dependency on deterrence measures asymmetrically constituted means of lowering economic growth in the country. Hence, this study suggested that prosecution should be well funded and in order to curb crime and improve economic growth in Nigeria. That is, this would afford the country to reduce the congestion of prison inmates and thus, it would discourage long waiting trials.


2021 ◽  
Vol 39 (3) ◽  
Author(s):  
Delani Moyo ◽  
Ahmed Samour ◽  
Turgut Tursoy

The relationship between taxation, government expenditure and economic growth. is a widely debated issue in the literature. The aim of this research is to present a fresh evidence from the nexus of taxation, government expenditure and economic growth in for the period 1991-2018 in South Africa, using recently developed combined co-integration test. Autoregressive Distributed Lag model(ARDL) is utilized to examine coefficients between the variables in the short and long-run The newly advanced Bayer-Hacks (BH) combined co-integration approach is employed so as to verify the ARDL bounds result. The empirical results from ARDL model revealed that there is a positive and significant relationship between government expenditure and economic growth in both short and long run. In addition, the study shows that tax revenue has a significant positive relationship with the economic growth. Therefore, levels of taxation and government expenditure are favorable to the growth of economy in South Africa. The research proposed that decision makers in South Africa should pay more attention on Taxation and government expenditure policies and the gains from economic growth such as channel much of its expenditure towards the manufacturing and agricultural sectors, which have great potentials of increasing the supply of the products. Which in turn leads to reduce prices and increase in the rates of employment. This would, also make the country’s exports prices competitive.


2019 ◽  
Vol 8 (1) ◽  
pp. 37-44
Author(s):  
Mayra Astari ◽  
Lies Maria Hamzah ◽  
Arivina Ratih

This study examined the validity of Okun's Law on the Indonesian economy by using the difference version of Okun's Law to obtain the Okun coefficient. This study uses the analysis of the Autoregressive Distributed Lag Model (ARDL). The estimation results concluded that Okun's Law proved to have a negative and significant effect on the Indonesian economy because the variable economic growth was shown to influence the unemployment variable statistically.


2018 ◽  
Vol 10 (5(J)) ◽  
pp. 167-178
Author(s):  
Brian Tavonga Mazorodze ◽  
Noureen Siddiq

The central aim of this paper is to establish the asymmetric effects of cyclical output on South Africa's unemployment rate. To achieve this objective, the non-linear autoregressive distributed lag model (NARDL) is applied on quarterly data spanning the periods 1994Q1-2017Q4. For every 10% economic contraction and expansion respectively according to the results, the response of the labour market is asymmetric in the long-run in that it loses more workers during contraction (10.3%) than it employs during recoveries (8%) supporting the labour market hysteresis. This is particularly true post the 2009 Global crisis suggesting that firms might have become more risk-averse to short-lived recoveries in recent years. The weak response of the labour market during expansions supports IMF’s recent proposition that economic recovery alone may not be enough to address South Africa's unemployment problem. 


2017 ◽  
Vol 53 (1) ◽  
pp. 47-64 ◽  
Author(s):  
Adenuga Fabian Adekoya ◽  
Nor Azam Abdul Razak

Abstract Crime is a major impediment to economic growth and development in Nigeria despite measures taken to reduce it. There is, however, currently no major statistical analysis of how crime affects economic growth in that country. This study examines the link between crime and growth based on the theory of rational choice and empirical data. Exogenous and endogenous growth models are employed, and include deterrence variables. The period examined is 1970–2013 and estimation is done using the autoregressive distributed lag model. The results of our study show that crime affects economic growth at a 1% and 10% level of significance. In other words, crime imposes the costs of prosecution and punishment on the citizens and country, which influences the growth of the economy. Given our results, we suggest that police and the system of justice should be strengthened. Indeed, this may be necessary if the development target stated in Nigeria vision 20: 2020 is to be reached.


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