DETERMINANTS OF GREENHOUSE GAS EMISSIONS REVISITED: A GLOBAL PERSPECTIVE

2020 ◽  
pp. 1-27
Author(s):  
THAI-HA LE ◽  
CANH PHUC NGUYEN
Keyword(s):  
Co2 Emissions ◽  
Panel Data Analysis ◽  
Generalized Method Of Moments ◽  
Global Perspective ◽  
Stirpat Model ◽  
Middle Income ◽  
Ch4 Emissions ◽  
Middle Income Countries ◽  
Global Environmental ◽  
Global Environmental Policy

This study examines the determinants of emissions for a global sample of 120 countries during the 1995–2012 period using panel data analysis. Specifically, an extended version of the STIRPAT model combined with the EKC was employed to examine the determinants of emissions for the full sample and three subsamples of countries at different income levels. Three proxies for emissions are used, including CO2, N2O and CH4 emissions. The two-step generalized method of moments (GMM) is employed as the estimation technique. The empirical results indicate the evidence of EKC for the global sample and all subgroups of countries for CO2 emissions. On the other hand, U-shaped relationships between income and emissions are found for all three subsamples in the cases of N2O and CH4 emissions. Energy intensity appears to be the major driver of CO2 emissions for all groups of countries as well as for N2O and CH4 emissions for high-income and upper-middle-income countries. The effects of industrialization and urbanization vary across different types of emissions and different income country groups. The global environmental policy should focus on encouraging energy efficiency, enhancing the use of eco-friendly energy resources, as well as incorporating the impacts of industrialization and urbanization on emissions.

scholarly journals A global perspective on the issue of access to insulin

Diabetologia ◽  
2021 ◽  
Author(s):  
David Beran ◽  
Maria Lazo-Porras ◽  
Camille M. Mba ◽  
Jean Claude Mbanya
Keyword(s):  
Type 1 Diabetes ◽  
Diabetes Management ◽  
Multinational Companies ◽  
Global Perspective ◽  
Patient Access ◽  
Middle Income ◽  
Middle Income Countries ◽  
Wide Range ◽  
Pricing And Reimbursement

AbstractThe discovery of insulin in 1921 changed the prognosis for people with type 1 diabetes. A century later, availability and affordability of insulin remain a challenge in many parts of the globe. Using the WHO’s framework on understanding the life cycle of medicines, this review details the global and national challenges that affect patients’ abilities to access and afford insulin. Current research and development in diabetes has seen some innovations, but none of these have truly been game-changing. Currently, three multinational companies control over 95% of global insulin supply. The inclusion of insulin on the WHO’s Prequalification Programme is an opportunity to facilitate entry of new companies into the market. Many governments lack policies on the selection, procurement, supply, pricing and reimbursement of insulin. Moreover, mark-ups in the supply chain also affect the final price to the consumer. Whilst expenses related to diabetes are mostly covered by insurance in high-income countries, many patients from low- and middle-income countries have to pay out of their own pockets. The organisation of diabetes management within the healthcare system also affects patient access to insulin. The challenges affecting access to insulin are complex and require a wide range of solutions. Given that 2021 marks the centenary of the discovery of insulin, there is need for global advocacy to ensure that the benefits of insulin and innovations in diabetes care reach all individuals living with diabetes. Graphical abstract

scholarly journals Foreign aid on economic growth in Africa: A comparison of low and middle-income countries

2015 ◽  
Vol 18 (4) ◽  
pp. 449-462 ◽  
Author(s):  
Aye Mengistu Alemu ◽  
Jin-Sang Lee
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Low Income ◽  
Empirical Studies ◽  
Critical Role ◽  
Generalized Method Of Moments ◽  
African Countries ◽  
Middle Income ◽  
Middle Income Countries ◽  
Theoretical Hypothesis

Previous empirical studies on the effects of foreign aid on economic growth have generated mixed results that make it difficult to draw policy recommendations. The main reason for such mixed results is the choice of a single aggregate list of countries, regardless of the disparities in levels of development. This study therefore fills the development gap by disaggregating the African data into a panel of 20 middle- income and 19 low- income African countries over a period of 15 years between 1995 and 2010, and employing a dynamic generalized method of moments (GMM) model to address the dynamic nature of economic growth as well as the problems of endogeneity. The results of this study support the theoretical hypothesis that a positive relationship between aid and GDP growth exists, but only for low-income African countries, not middle-income ones. On the other hand, the study reveals that middle- income African countries tend to experience a greater impact on their economic growth from foreign direct investment (FDI) and natural resources revenues, mainly oil exports. This implies that the frequent criticism that foreign aid has not contributed to economic growth is flawed, at least in the case of low-income African countries. In fact, foreign aid has played a critical role in stimulating economic growth in such countries through supplementing domestic sources of finance such as savings, thus increasing the amount of investment and capital stock in them.

scholarly journals Determinants of Foreign Direct Investment in Middle-Income Countries: New Middle-Income Trap Evidence

2017 ◽  
Vol 8 (1) ◽  
pp. 58-70 ◽  
Author(s):  
Ioannis A. Tampakoudis ◽  
Demetres N. Subeniotis ◽  
Ioannis G. Kroustalis ◽  
Manolis I. Skouloudakis
Keyword(s):  
Direct Investment ◽  
Panel Data Analysis ◽  
Trade Openness ◽  
Emerging Countries ◽  
Middle Income ◽  
Fdi Inflows ◽  
Middle Income Countries ◽  
Economic Level ◽  
Middle Income Trap ◽  
Gathering Data

Abstract The determinants of FDI have been examined extensively in the literature; however, the empirical findings are inconclusive and often diverging. Developing and emerging countries have attracted the bulk of FDI inflows since the early 2000s, subsequently improving their economic level. Nevertheless, many middle-income countries got stuck in the middle-income trap, failing to make the transition to the high-income level. The study investigates the effects of certain determinants on FDI inflows to middle-income countries, with respect to avoiding the middle-income trap. We employ a panel data analysis for fifteen middleincome countries gathering data from 1980 onwards. The results highlight the significance of trade openness, GDP and population growth on inward FDI, while financial development, inflation, infrastructure and fuel exports are found to be insignificant. Empirical findings may force governments to apply policies in certain areas, with the aim of attracting further FDI while at the same time escaping the middle-income trap.

scholarly journals Association between depression and smoking: A global perspective from 48 low- and middle-income countries

2018 ◽  
Vol 103 ◽  
pp. 142-149 ◽  
Author(s):  
Brendon Stubbs ◽  
Davy Vancampfort ◽  
Joseph Firth ◽  
Marco Solmi ◽  
Najma Siddiqi ◽  
...  
Keyword(s):  
Global Perspective ◽  
Middle Income ◽  
Middle Income Countries ◽  
Low And Middle Income

scholarly journals Decomposition of Carbon Dioxide (CO2) Emissions in ASEAN Based on Kaya Identity

2021 ◽  
Vol 4 (2) ◽  
pp. 101-114
Author(s):  
Vivid Amalia Khusna ◽  
Deni Kusumawardani
Keyword(s):  
Co2 Emissions ◽  
Economic Activity ◽  
Energy Intensity ◽  
Carbon Intensity ◽  
Middle Income ◽  
Middle Income Countries ◽  
Brunei Darussalam ◽  
Asean Countries ◽  
Carbon Dioxide Co2 ◽  
Kaya Identity

ASEAN is a region with high carbon dioxide (CO2) emissions, accompanied by an increase in population, gross domestic product (GDP) and energy consumption. Population, GDP, and energy consumption can be linked to CO2 emissions through an identity equation called the Rich Identity. This research is based on Kaya identity to describe CO2 emissions to calculate the impact of population, economic activity, energy intensity and carbon intensity on CO2 emissions in ASEAN and 8 ASEAN countries (i.e., Indonesia, Malaysia, Singapore, Thailand, Philippines, Vietnam, Myanmar and Brunei Darussalam) from 1990 to 2017. The method used is the Logarithmic Mean Division Index (LMDI). The data used are from the International Energy Agency (IEA) and the World Bank. Four effects measured and main findings showed that population, economic activity and carbon intensity factor increased by 293.02 MtCO2, 790.0 MtCO2, and 195.51 MtCO2, respectively. Meanwhile, energy intensity effect made ASEAN's CO2 emissions decrease by 283.13 MtCO2. Regarding contributions to the increase in CO2 emissions in all ASEAN countries, the population effect increases CO2 emissions in all countries in ASEAN and the economic activity effect is also the same, except in Brunei Darussalam which makes CO2 emissions in this country decreased by 1.07 MtCO2. Meanwhile, the effects of energy and carbon intensity are different. The effect of energy intensity causes CO2 emissions in lower-middle income countries to decrease, while in upper-middle and high-income countries, it increases carbon emissions. In contrast to the effect of carbon intensity, that actually makes CO2 emissions increase in lower-middle income countries and reduces carbon emissions in upper-middle and high-income countries.

scholarly journals Exploring New Pathways to Gender Equality in Education: Does Information and Communication Technology Matter?

2021 ◽  
Vol 1 (1) ◽  
pp. 26-55
Author(s):  
Ayesha Qaisrani ◽  
Ather Maqsood Ahmed
Keyword(s):  
Economic Growth ◽  
Gender Equality ◽  
Information And Communication Technologies ◽  
Adult Population ◽  
Generalized Method Of Moments ◽  
Middle Income ◽  
Middle Income Countries ◽  
Promote Gender Equality ◽  
Information And Communication ◽  
Equality In Education

Through the use of the System Generalized Method of Moments Technique, this study aims to establish links between Information and Communication Technologies (ICTs), gender equality in education and economic growth, for segregated levels of education. The study focuses on the decade of 2000-2010 for the case of Lower Middle Income countries. Through simultaneous solution of the models, it is concluded that ICTs do have some potential to promote gender equality but the relationship is not strong enough, either due to lack of relevant statistical data or due to inefficient integration of ICTs into the society. It is, however, deduced that the strongest factor promoting gender equality is the average schooling of adult population. Furthermore, the study finds out that for lower middle income countries, gender equality at lower levels of education plays an important role in economic growth than gender equality in higher education.

scholarly journals On the determinants of trade openness in low- and lower–middle-income countries in Africa: how important is economic growth?

2019 ◽  
Vol 5 (1) ◽  
Author(s):  
Dennis Boahene Osei ◽  
Yakubu Awudu Sare ◽  
Muazu Ibrahim
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Low Income Countries ◽  
Special Focus ◽  
Middle Income ◽  
Middle Income Countries ◽  
Real Gdp Per Capita ◽  
The Impact

AbstractThe existing literature highlights the determinants of trade openness with disregard to the income classifications of countries in examining whether the determinants differ given their income levels. This study, therefore, re-examines the drivers of trade openness in Africa relying on panel data with special focus on the role of economic growth. More specifically, we perform a comparative analysis of the factors influencing trade openness for low-income and lower–middle-income countries using the system generalized method of moments. Our findings suggest that, while economic growth robustly enhances openness in low-income countries, in the case of lower–middle-income countries, the impact is not robust and largely negative suggesting that higher growth is associated with less openness. We also find that, economic growth–openness nexus for the lower-income countries exhibits non-linearities and inverted U-shaped relationship in particular. Thus, while increases in real GDP per capita enhance openness, beyond an estimated threshold point, any increases in economic growth dampen openness. We discuss key implications for policy.

Does foreign direct investment cause economic growth? A dynamic panel data analysis for SADC countries

2016 ◽  
Vol 11 (3) ◽  
pp. 316-332 ◽  
Author(s):  
Edmore E Mahembe ◽  
Nicholas M Odhiambo
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Causal Relationship ◽  
Low Income ◽  
Panel Data Analysis ◽  
Low Income Countries ◽  
Middle Income ◽  
Fdi Inflows ◽  
Content Type ◽  
Middle Income Countries

Purpose – The purpose of this paper is to examine the causal relationship between inward foreign direct investment (FDI) and economic growth in Southern African Development Community (SADC) countries over the period 1980-2012. It also investigates whether the causal relationship between FDI inflows and economic growth is dependent on the level of income. Design/methodology/approach – In order to assess whether the causal relationship between FDI inflows and economic growth is dependent on the level of income, the study divided the SADC countries into two groups, namely, the middle-income countries and the low-income countries. The study used the recent panel-data analysis methods to examine this linkage. The Granger causality test for the middle-income countries was conducted within a vector-error correction mechanism framework; while that of the low-income countries was conducted within a vector autoregressions framework. Findings – The results for the middle-income countries’ panel show that there is a uni-directional causal flow from GDP to FDI, and not vice versa. However, for the low-income countries’ panel, there was no evidence of causality in either direction. The study concludes that the FDI-led growth hypothesis does not apply to SADC countries. Research limitations/implications – Methodology applied in this study is a bivariate framework which is likely to suffer from the omission of variable bias (Odhiambo, 2008, 2011). Second, the Granger causality analysis employed in this only investigates the direction of causality and whether each variable can be used to explain another, but does not directly test for the mechanisms through which FDI leads to economic growth and economic growth leads to FDI. Practical implications – Future studies may include a third variable such as domestic savings, exports, or financial development in a trivariate or multivariate panel causality model. A more complete analysis which seeks to explain the channels through which FDI impacts growth is suggested for future studies. Lastly, sector level analysis will help policy makers draft effective industrial policies, which can guide allocation of incentives. Social implications – The results of this study support the Growth-led FDI hypothesis, but not the FDI-led growth hypothesis. In other words, it is economic growth that drives FDI inflows into the SADC region and into Southern Africa, and not vice versa. This implies that the recent high economic growth rates that have been recorded in some of the SADC countries, especially the middle-income countries, have led to a massive inflow of FDI into this region. Originality/value – At the regional level, SADC as a regional bloc has been actively pursuing policies and strategies aimed at attracting FDI into the region. Despite the important role of FDI in economic development, and the increase in FDI inflows into SADC countries in particular, there is a significant dearth of literature on the causal relationship between FDI and economic growth. The study used the recent panel-data analysis methods to examine the causal relationship between FDI and economic growth in SADC countries.

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