scholarly journals Study on the Interdependence of Environmental Resources and Economic Growth in Asia-Pacific Region

2004 ◽  
Vol 12 ◽  
pp. 171-176
Author(s):  
Eisuke NAKAMURA ◽  
Masafumi MORISUGI ◽  
Hidefumi IMURA
Keyword(s):  
Economic Growth ◽  
Asia Pacific ◽  
Pacific Region ◽  
Environmental Resources ◽  
Asia Pacific Region

scholarly journals IMPACT OF RENEWABLE ENERGY SOURCES CONSUMPTION ON ECONOMIC GROWTH IN EUROPE AND ASIA-PACIFIC REGION

2021 ◽  
Vol 11 (6) ◽  
pp. 270-278
Author(s):  
Filimonova Irina Viktorovna ◽  
Nemov Vasily Yurievich ◽  
Provornaya Irina Viktorovna ◽  
Ozhogova Lyubov Mikhailovna
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Asia Pacific ◽  
Energy Sources ◽  
Pacific Region ◽  
Asia Pacific Region

scholarly journals The Effect Of Corruption, Democracy And Foreign Debt On Economic Growth In Asian Pacific Countries

2021 ◽  
Vol 3 (2) ◽  
Author(s):  
Rommy Fernando Putra ◽  
Dewi Zaini Putri
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Regression Coefficient ◽  
Foreign Debt ◽  
External Debt ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Political Condition ◽  
Data Documentation

Economic growth can be defined as a process of changing the economic conditions of a country on an ongoing basis towards a better condition during a certain period. This study aims to examine the effect of corruption, democracy and external debt on economic growth in 7 countries Asia Pasific. This is because of The Asia Pacific became known around the 1980s when financial market, international trade and political condition have increased. The data used is panel data during the period 2014-2018, and collected by data documentation and library obtained from World Bank, International Transparency and Freedom In The World. Using the panel data regression, the estimation results are (1) Corruption has a positive and significant effect on economic growth in 7 Asia Pacific countries, with a regression coefficient value of -0.2753, (2) Democracy has a positive and significant effect on economic growth in 7 Asia Pacific countries with a regression coefficient value of 0.0586, (3) External debt has a significant positive effect on economic growth in 7 countries Asia Pacific region with a regression coefficient of 0.7604 (4) Corruption, Democracy and External Debt have a significant effect on economic growth in 7 countries in the Asia Pacific region, with a probability value (F-statistic) of 0.0008

scholarly journals Do Profitable Banks Make a Positive Contribution to the Economy?

2020 ◽  
Vol 13 (8) ◽  
pp. 159 ◽  
Author(s):  
Vijay Kumar ◽  
Ron Bird
Keyword(s):  
Economic Growth ◽  
Banking Sector ◽  
Negative Impact ◽  
Asia Pacific ◽  
Positive Contribution ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Bank Profitability ◽  
Developed Economies ◽  
The Impact

A number of studies have investigated the relationship between financial sector development and economic growth; however, the impact of bank profitability on economic growth is still unclear. We investigate the link between bank profitability and economic growth in the Asia-Pacific region over the period 2004–2014. Using the system GMM estimator, our findings suggest that a profitable banking sector is a prerequisite for economic growth in the Asia-Pacific region and that the impact of bank profitability on economic growth is more prominent in small banking sectors. Perhaps surprisingly, we found that the bank size has a negative impact on GDP growth, with the influence of bank profitability on economic growth reducing as the size of the banking sector increases. Our results also show that the impact of profitability on economic growth is much larger in developed economies compared to small emerging and large emerging economies.

The Efficacy of Fiscal Vs Monetary Policies in the Asia-Pacific Region: The St. Louis Equation Revisited

2021 ◽  
pp. 097226292110541
Author(s):  
Ghanashyama Mahanty ◽  
Dwijendra Nath Dwivedi ◽  
Badri Narayanan Gopalakrishnan
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Exchange Rate ◽  
The Other ◽  
Asia Pacific ◽  
Fiscal Policies ◽  
Pacific Region ◽  
Relative Importance ◽  
Asia Pacific Region ◽  
Monetary Policies

This study’s main objective is to assess the relative importance of fiscal and monetary policies on the Asia-Pacific Economies. We have empirically investigated both the original St. Louis equation and its expanded version to study the comparative relevance of one over the other. Our empirical results indicate that both monetary and fiscal policies are essential in promoting economic growth. In both models, monetary policy is more effective than fiscal policy. In the expanded St. Louis model, exports, exchange rate and inflation variables substantially impact gross domestic product than the conventional monetary and fiscal measures.

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