scholarly journals Demand Deficiency and Inflation in the G7 Countries

2022 ◽  
pp. 59-70
Author(s):  
Erdem BAŞÇI ◽  
Sıdıka BAŞÇI
Keyword(s):  
G7 Countries

Vicious Cycle of Economic Growth, Pm2.5 and COVID-19 Case of G7 Countries

2020 ◽  
Author(s):  
Rıdvan Karacan
Keyword(s):  
Economic Growth ◽  
Air Pollution ◽  
Particulate Matter ◽  
Fossil Fuels ◽  
Fine Particulate Matter ◽  
Panel Cointegration ◽  
Air Pollutant ◽  
Population Exposure ◽  
Causality Analysis ◽  
G7 Countries

<p>Today, production is carried out depending on fossil fuels. Fossil fuels pollute the air as they contain high levels of carbon. Many studies have been carried out on the economic costs of air pollution. However, in the present study, unlike the former ones, economic growth's relationship with the COVID-19 virus in addition to air pollution was examined. The COVID-19 virus, which was initially reported in Wuhan, China in December 2019 and affected the whole world, has caused many cases and deaths. Researchers have been going on studying how the virus is transmitted. Some of these studies suggest that the number of virus-related cases increases in regions with a high level of air pollution. Based on this fact, it is thought that air pollution will increase the number of COVID-19 cases in G7 Countries where industrial production is widespread. Therefore, the negative aspects of economic growth, which currently depends on fossil fuels, is tried to be revealed. The research was carried out for the period between 2000-2019. Panel cointegration test and panel causality analysis were used for the empirical analysis. Particulate matter known as PM2.5[1] was used as an indicator of air pollution. Consequently, a positive long-term relationship has been identified between PM2.5 and economic growth. This relationship also affects the number of COVID-19 cases.</p><p><br></p><p><br></p><p>[1] "Fine particulate matter (PM2.5) is an air pollutant that poses the greatest risk to health globally, affecting more people than any other pollutant (WHO, 2018). Chronic exposure to PM2.5 considerably increases the risk of respiratory and cardiovascular diseases in particular (WHO, 2018). For these reasons, population exposure to (outdoor or ambient) PM2.5 has been identified as an OECD Green Growth headline indicator" (OECD.Stat).</p>

Convergence in per capita carbon footprint and ecological footprint for G7 countries: Evidence from panel Fourier threshold unit root test

2021 ◽  
pp. 0958305X2110114
Author(s):  
Veli Yilanci ◽  
Muhammed Sehid Gorus ◽  
Sakiru Adebola Solarin
Keyword(s):  
Unit Root ◽  
Structural Breaks ◽  
Structural Changes ◽  
Unit Root Test ◽  
G7 Countries ◽  
Convergence Hypothesis ◽  
International Climate ◽  
Per Capita ◽  
Nonlinear Behaviors ◽  
Nonlinear Unit Root Tests

This paper aims to explore the convergence of per capita carbon and ecological footprints in G7 countries during 1961–2016. For this purpose, we propose a new unit root test in the panel setting–the panel Fourier threshold unit root test. This test takes into consideration both multiple smooth structural changes and nonlinearity. According to the literature, the power of the nonlinear unit root tests is reduced in the case of ignoring structural breaks. Therefore, we expect to get more reliable empirical findings by utilizing this methodology. The empirical results of this paper show that these series have nonlinear behaviors for the period 1961–2016. Furthermore, they demonstrate that the absolute convergence hypothesis is valid in G7 countries for both regimes. Thus, governments can conduct common environmental policies, including international climate summits and agreements, instead of national-based policies to mitigate environmental deterioration in their countries.

Asymmetric between oil prices and renewable energy consumption in the G7 countries

Energy ◽  
2021 ◽  
pp. 120319
Author(s):  
Yaoqi Guo ◽  
Chenxi Yu ◽  
Hongwei Zhang ◽  
Hui Cheng
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Oil Prices ◽  
Renewable Energy Consumption ◽  
G7 Countries

scholarly journals G7 Countries – Advocates of the Global Business Cycle

2015 ◽  
Vol 20 ◽  
pp. 193-200 ◽  
Author(s):  
Sebastian-Florian Enea ◽  
Silvia Palaşcă ◽  
Claudiu Ţigănaş
Keyword(s):  
Business Cycle ◽  
Global Business ◽  
G7 Countries

scholarly journals Output dynamics of the G7 countries--stochastic trends and cyclical movements

2002 ◽  
Vol 34 (18) ◽  
pp. 2239-2247 ◽  
Author(s):  
Yin-Wong Cheung ◽  
Frank Westermann
Keyword(s):  
G7 Countries ◽  
Stochastic Trends

The Macroeconomic Determinants and FDI: Evidence from 14 International Alliances

2021 ◽  
Vol 9 (2) ◽  
pp. 69-82
Author(s):  
Sujan Chandra Paul ◽  
Md Harun Or Rosid ◽  
Mohammad Rakibul Islam ◽  
Refat Ferdous
Keyword(s):  
Unemployment Rate ◽  
Positive Relationship ◽  
Robust Regression ◽  
Negative Relationship ◽  
African Union ◽  
G7 Countries ◽  
Significant Positive Relationship ◽  
Brics Countries ◽  
Arab League ◽  
Asean Countries

This study investigates the relationship between Foreign Direct Investment (FDI) and some macroeconomic variables such as Gross Domestic Product (GDP), Gross Capital Formation (GCF), Agriculture, Forestry, and Fishing (AFF), Industry, Import, Export, Inflation and Unemployment rate. Panel Data of 14 regional alliances countries from 1990-2018 were collected from The World Bank website. Robust regression models are used in this study. This research found that GDP had significant positive relationship with FDI in all regions except Arab League, EU and G7 countries. GCF had significant positive relationship with FDI in Arab League, BRI, GATT, NAFTA countries & negative relationship in APEC, G7 countries. AFF had significant positive relationship with FDI in BRICS, GATT countries & negative relationship in African Union, ASEAN, BIMSTEC, BRI, BRICS, SAFTA countries. Industry had significant positive relationship with FDI in African Union, BRI, NAFTA, OECD countries and negative relationship in BRICS, G7, G20 countries. Import had significant positive relationship with FDI in African Union, APEC, Arab League, ASIAN, BRI, G7, G20, GATT countries and negative relationship in BRICS countries. Export had significant positive relationship with FDI in BRICS countries and negative relationship in African Union, ASEAN, BRI, G20, GATT, OECD, SAFTA countries. Inflation had significant positive relationship with FDI in GATT, SAFTA countries and negative relationship in African Union, APEC countries. Unemployment rate had significant positive relationship with FDI in African Union, BRI, BRICS, EU, G20, GATT, OECD, SAFTA countries and negative relationship in ASEAN countries.

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