scholarly journals The Measurement of Green Finance Development Index and Its Poverty Reduction Effect: Dynamic Panel Analysis Based on Improved Entropy Method

2020 ◽  
Vol 2020 ◽  
pp. 1-13
Author(s):  
Lili Jiang ◽  
Hui Wang ◽  
Aihua Tong ◽  
Zhifei Hu ◽  
Hongjun Duan ◽  
...  

Finance contributes to poverty alleviation through economic growth, and the development of green finance is related to the sustainable development of the world economy and environment. Green finance not only helps promote sustainable economic development but also helps reduce poverty. Based on the analysis of related theories about green finance and poverty alleviation, this paper selects 18 indicators from three dimensions of economic development, financial development, and social environmental development and uses the improved entropy method to measure the green finance development index of China’s 25 provinces and municipalities from 2004 to 2017. The results show that the development level of green finance in China’s 25 provinces and municipalities is quite different. On the basis of the above analysis, make an empirical analysis of the impact of the green finance development index on poverty alleviation using multiple regression analysis and static panel and dynamic panel estimation methods. The research results show that there is a significant positive correlation between green finance and poverty alleviation; the higher the level of green finance development, the more conducive the poverty alleviation. So, this paper suggests that poverty can be better alleviated by improving the level of green finance development, financial asset level, and economic development level.

2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Zhenzi Sun

In order to effectively analyze the dynamic relationship between education and economic development, an empirical study on the relationship between education and economic development based on the PVAR model is proposed. This article expounds on the principles, assumptions, identification, and estimation methods of the PVAR model, takes the education level and economic development level as the research object, explains the corresponding variables, and selects the indicators. Using Cobb–Douglas production function as a theoretical model, this article analyzes the theoretical relationship between the education level and economic development level. Based on this theoretical relationship, this article makes an empirical analysis on the relationship between education level and economic development level using the PVAR model. The results show that, on the whole, economic development can drive the development of education, but there are obvious regional differences in the impact of economic growth on the development of education. The impact of economic growth in the eastern region on education is significantly higher than that in the central and western regions. There is an interactive relationship between education level and economic development level, and there is a certain incubation period for education level and economic development level to play their role.


2021 ◽  
Vol 93 (2) ◽  
pp. 31-43
Author(s):  
Iryna Leshchukh ◽  
Olha Mulska

o analyse the impact of Lviv on centre-periphery interactions the authors calculated the Socio-Economic Development Index for different districts of the region and considered the distance of each district from the regional capital. The Socio-Economic Development Index (Іr) of each district was calculated as the arithmetic mean of indices of its economic (Іе) and social (Іs) development. A strong inverse relationship was found between districts’ indices and their distances from the regional capital (R = –0.69). The indices were used to classify districts into three categories: central, semi-peripheral, and peripheral. The central category includes districts located within a 50-km radius of Lviv and their indices range from 0.5 to 0.7. Semi-peripheral districts are located within the radius of 50-75 km and their Іr values range from 0.3 to 0.5. Peripheral districts are located at the furthest distance from the regional centre, and their Іr values are below 0.3. Because the correlation between the distance from the regional center and index value for some districts was not consistent with the general pattern, two subtypes of districts were also added – core and ancillary. The authors demonstrate that the impact of the regional capital on the socio-economic development of administrative districts decreases with their increasing distance from the regional center. The level of socio-economic development in districts depends, on the one hand, on the strength of impulses generated by the regional center, and on the other hand, is determined by the local economic capacity and ability to absorb the impacts of the regional center and other local growth poles.


2018 ◽  
Vol 10 (11) ◽  
pp. 4047 ◽  
Author(s):  
Jinchao Li ◽  
Tianzhi Li ◽  
Liu Han

In order to eliminate the impact of inter-regional differentiation of development demand on the objective evaluation of the development level of smart grid, this paper establishes the evaluation model of weight modification, transmission mechanism and combination of subjective and objective weights. Firstly, the Analytic Hierarchy Process method is used to calculate the weights of evaluation indices of effect layer and then the indices of development demand are used to modify the weights of them. The association analysis and the correlation coefficient are used to establish the weights conduction coefficient between the effect level and the base level. Then the subjective weights of the indices of the base layer are calculated. The objective weights of the indices of the base layer are obtained by using the entropy method. The subjective weights of the base layer and the objective weights obtained by the entropy method are averagely calculated, and the comprehensive weights of the evaluation indices of the base layer are obtained. Then each index is scored according to the weights and index values. Finally, the model is used to quantitatively inspect the level of development of smart grid in specific regions and make a horizontal comparison, which provides a useful reference for the development of smart grids. The relevant examples verify the correctness and validity of the model.


2020 ◽  
Vol 15 (3) ◽  
pp. 185-207
Author(s):  
Roukanas Spyros

Abstract The aim of this article is to measure economic development and the impact of economic globalisation under the prism of global political economy. Global political economy is a field of study that has its roots in international relations. The growth of world economic transactions after the collapse of the Bretton Woods system in the 1970s created the need for a new field of study, in order to explain the interdependence between politics and economics on the international level. Global political economy is the field of study that also examines the implications of economic globalisation for national economies and for the global economy. The concept of economic development is broader than economic growth, which is related to GDP growth. The concept of economic globalisation has changed the prospects of economic development for certain developed and developing economies. The main changes of economic globalisation are closely related to the following aspects of national economies: trade, finance, and production. The analysis of this article will reveal the effects of economic globalisation on different aspects of economic development. These aspects are studied under the prism of indexes such as Financial Development Index, openness to trade, Human Development Index, the GINI Index and other inequality indexes. The aftermath of the global economic crisis of 2007-2008 placed at the epicentre the interdependence of national economies and the issue of economic inequalities. The study of the aforementioned indexes will highlight the alterations that have occurred from the manifestation of the global economic crisis until today. The article is focusing on the following countries: China, Germany, Greece, and the United States for the last decade (2009-2019), on the basis of the available data.


2021 ◽  
Vol 236 ◽  
pp. 03015
Author(s):  
Yatian Liu ◽  
Shengxi Ding

Firstly, this article uses the Entropy method to calculate the weights of economic development and ecological environment indicators in the eastern urban agglomeration of Qinghai Province from 2005 to 2019. Secondly, this article uses the calculated weights and linear weighting functions to construct evaluation models for economic development and ecological environment development, respectively. The results show that the comprehensive development level of the economic development in the eastern urban agglomeration of Qinghai Province cities is gradually rising, and the comprehensive development level of the ecological environment fluctuates slightly but the overall development trend is increasing. Then, using the Environmental-Economic Coordination degree evaluation model, quantitative analysis and evaluation of the Environmental-Economic system coordination degree, it is found that the coordinated development of the economic and ecological environment of the eastern urban agglomeration in Qinghai Province is relatively well. Finally, it analysis and proposes countermeasures and suggestions to promote the coordinated development of the economic and environmental system of the eastern urban agglomeration in Qinghai Province.


Energies ◽  
2020 ◽  
Vol 13 (16) ◽  
pp. 4068 ◽  
Author(s):  
Peng Hou ◽  
Yilin Li ◽  
Yong Tan ◽  
Yuanjie Hou

The empirical conclusions regarding the relationship between energy price and energy efficiency are relatively mixed. This paper systematically examines the influence of energy price on energy efficiency in China based on data from 30 provinces between 2003 and 2017, using linear and nonlinear effect analysis. We found that the impact of energy price on energy efficiency in China was positive in general. However, there existed heterogeneous effects of energy price on energy efficiency in various regions, and the effect differed with differences in energy efficiency levels based on the panel quantile regression analysis. Finally, the nonlinear effect analysis based on the panel threshold model indicated that the effect of energy price on energy efficiency increased with the rise of the environmental regulation level and economic growth rate, while it decreased with the ascent of the degree of energy price distortion and economic development level. In particular, when the value of a region’s economic development level and economic growth rate was within a certain range, the impact was not statistically significant. Overall, these findings contribute to a deeper understanding regarding the effect of energy price on energy efficiency in China.


2017 ◽  
Vol 62 (05) ◽  
pp. 1039-1057 ◽  
Author(s):  
MUHAMMAD TARIQ MAJEED

This paper empirically investigates the impact of Foreign Direct Investment (FDI) on inequality using a panel data set of 65 developing counties. While the existing literature mainly examines the impact of FDI on growth, this study explores the importance of domestic conditions of the host countries in determining the distributional effects of FDI. The results show that the impact of FDI is not homogenous on host countries as FDI inflows exert inequality-narrowing effect only in countries that have stronger investment in human capital, better financial sector and a high level of economic development. While FDI accentuates not ameliorates inequality in countries with low level of economic development, findings of the study are robust to the use of different specifications, different estimation methods, inclusion of regional effects and time specific effects.


2016 ◽  
Vol 55 (4I-II) ◽  
pp. 657-673
Author(s):  
Karim Khan ◽  
Saima Batool ◽  
Anwar Shah

Since the recent emphasis on institutions for overall economic development of the countries, the research in this strand has expanded enormously. In this study, we want to see the impact of political institutions on economic development in pure cross-country setting. We take the Human Development Index (HDI) as a measure of economic development and use two alternative measures of dictatorship. We find that dictatorship is adversely affecting economic development in our sample of 92 countries. For instance, transition from extreme dictatorship to ideal democracy would increase HDI by 17 percent. Moreover, our results are robust to alternative specifications and the problems of endogeneity and reverse causation as is shown by the results of 2 Stages Least Squares (2SLS). JEL Classification: P16, H11, H41, H42 Keywords: Economic Development, Human Development Index, Dictatorship


2016 ◽  
Vol 13 (2) ◽  
pp. 3402 ◽  
Author(s):  
Hande Mutlu Öztürk

In this study, relationship of human development index, economic development and nutrition was evaluated. Data of Turkey, Norway, Korea, Italy, Greece, Bulgaria, Iran and the United States was compared. General situation in Turkey is evaluated and Solution proposals was presented. In the study, economic size and geographical proximity and similar features with Turkey, high Human Development Indexed countries was selected to compare with many parameters. Comparisons of the countries in terms of human development index and nutritional deficiency, showed similar characteristics with Iran, however, Turkey is dissociated from European countries, Korea and the US. As a result, the economic development level of countries have not seen that much more accurate results in the comparison of the human development index. ÖzetBu çalışmada insani gelişme endeksi, ekonomik gelişmişlik ve beslenme ilişkisi değerlendirilmiştir. Türkiye, Norveç, Kore, İtalya, Yunanistan, Bulgaristan, İran ve Amerika’ya ait veriler karşılaştırılmıştır. Türkiye’nin genel durumu değerlendirilmiş ve çözüm önerileri sunulmuştur. Çalışmada, Türkiye ile ekonomik büyüklük ve coğrafi yakınlık gibi özellikleri benzer ülkeler ve insani gelişmişlik endeksi yüksek olan ülkeler birçok parametre için karşılaştırılmıştır. Karşılaştırmalar, ülkemizin insani gelişmişlik endeksi ve beslenme yetersizliği açısından, İran ile benzer özellikler gösterdiğini ancak Avrupa ülkeleri, Kore ve ABD’den ayrıştığını göstermiştir. Sonuç olarak, ekonomik kalkınmışlık seviyesinin değil ülkeleri karşılaştırmada insani gelişmişlik endeksinin çok daha doğru sonuçlar verdiği görülmüştür.


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