scholarly journals The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD

2021 ◽  
Vol 12 ◽  
Author(s):  
Zhe Dai ◽  
Yunzhi Zhang ◽  
Rui Zhang
Keyword(s):  
Environmental Regulations ◽  
Environmental Policies ◽  
Environmental Indicators ◽  
Trade Flows ◽  
Sustainable Growth ◽  
Asia Pacific ◽  
Z Score ◽  
Trade Patterns ◽  
Environmental Goods ◽  
The Impact

This paper aims to investigate the impact of environmental regulations on trade patterns, in terms of trade in environmental goods listed in Asia-Pacific Economic Cooperation (APEC) and Organization for Economic Co-operation and Development (OECD). Environmental goods are defined here as those that enable sustainable growth and reduce pollution from human activity. For this reason, issues on environmental goods can be put at the forefront to analyze the linkage between environmental regulations and trade flows in the perspective of international institutions. Within the framework of a gravity model, panel data on 112 exporter countries and 53 importer countries is used at a bilateral level over the period of 1989–2013 to gain an understanding of this trade-environmental regulation nexus. This paper proxies the environmental policies by employing the z-score, which includes three comprehensive environmental indicators. The findings indicate that the strict environmental policies impede the trade, and this effect is greater in terms of the environmental goods listed in APEC compared to the ones listed in OECD. Finally, although these stringent environmental regulations reduce the trade flows, they can help to foster the demand for environmentally-friendly products.

scholarly journals A Data Envelopment Analysis of the Impact of European Funds on Environmental Indicators

2021 ◽  
Vol 18 (6) ◽  
pp. 2800
Author(s):  
Marcos Ferasso ◽  
Miguel Blanco ◽  
Lydia Bares
Keyword(s):  
Data Envelopment Analysis ◽  
Energy Production ◽  
Production Systems ◽  
Environmental Indicators ◽  
Sustainable Growth ◽  
Data Envelopment ◽  
The European Union ◽  
Fossil Energy ◽  
Regional Investment ◽  
The Impact

The European Union (EU) has launched two regional investment programs of European Funds (FE) in the last decade. One covers the period of 2007 to 2013, and the second from 2014 to 2020. Among the goals contained in FE regulations is that of achieving sustainable growth through the conversion of fossil energy production systems to renewable energy. This research has had a goal to determine whether the countries of the Eurozone maintain homogeneous levels of efficiency in the use of these resources to improve the levels of environmental quality related to the use of this type of energy. The adopted research method for efficiency analyses was Data Envelopment Analysis (DEA). Findings revealed that the efficiency in the use of renewable energies is very uneven among the analyzed countries and that these differences are maintained throughout the analyzed period. These results suggest that the criteria for the distribution of the funds should be modified. The current distribution is mainly based on the per capita income of the countries and/or regions. In this way, compliance with the European Green Pact approved in September 2020 would be guaranteed.

scholarly journals Modelling the Impact of Environmental Regulations on Bilateral Trade Flows: OECD, 1990-1996

World Economy ◽  
2002 ◽  
Vol 25 (3) ◽  
pp. 387-405 ◽  
Author(s):  
Mark N. Harris ◽  
Laszlo Konya ◽  
Laszlo Matyas
Keyword(s):  
Bilateral Trade ◽  
Environmental Regulations ◽  
Trade Flows ◽  
Bilateral Trade Flows ◽  
The Impact

scholarly journals Innovation Policy and Sustainable Regional Development in Agriculture: A Case Study of the Stavropol Territory, Russia

2021 ◽  
Vol 13 (6) ◽  
pp. 3509
Author(s):  
Anastasia Chaplitskaya ◽  
Wim Heijman ◽  
Johan van Ophem ◽  
Olga Kusakina
Keyword(s):  
Sustainable Development ◽  
State Policy ◽  
Agricultural Development ◽  
Positive Impact ◽  
Innovation Policy ◽  
Economic Indicator ◽  
Environmental Indicators ◽  
Sustainable Growth ◽  
The Sustainable Development ◽  
The Impact

This paper considers innovations as one of the factors of sustainable agricultural development of the Stavropol Territory. It focuses on the impact of state policy at the regional level in the field of innovations on the sustainable development of the region’s agriculture. This paper tests whether the implementation of the policy in innovations increased the sustainable growth of agricultural development. To do so, a model with switch variables was used. Principle component analysis was used to calculate a composite sustainability index of selected socio-economic and environmental indicators. The hypothesis that the introduction of a state policy aimed at innovation has a positive impact on the sustainable development of the regional agriculture was corroborated. We also assessed the impact of implementing this policy within each dimension separately. The socio-economic indicator is more important than the environmental indicator.

scholarly journals Environmentalism in the EU-28 context: the impact of governance quality on environmental energy efficiency

2019 ◽  
Vol 26 (36) ◽  
pp. 37012-37025 ◽  
Author(s):  
Nicholas Apergis ◽  
Claudia Garćıa
Keyword(s):  
Energy Efficiency ◽  
Environmental Policies ◽  
Sustainable Growth ◽  
Gdp Per Capita ◽  
Growth Path ◽  
Governance Quality ◽  
Per Capita ◽  
The Impact ◽  
The Eu

AbstractEnvironmental policies are a significant cornerstone of a developed economy, but the question that arises is whether such policies lead to a sustainable growth path. It is clear that the energy sector plays a pivotal role in environmental policies, and although the current literature has focused on examining the link between energy consumption and economic growth through an abundance of studies, it does not explicitly consider the role of institutional or governance quality variables in the process. Both globalization and democracy are important drivers of sustainability, while environmentalism is essential for the objective of gaining a “better world.” Governance quality is expected to be the key, not only for economic purposes but also for the efficiency of environmental policies. To that end, the analysis in this paper explores the link between governance quality and energy efficiency for the EU-28 countries, spanning the period 1995 to 2014. The findings document that there is a nexus between energy efficiency and income they move together: the most efficient countries are in the group with higher GDP per capita. Furthermore, the results show that governance quality is an important driver of energy efficiency and, hence, of environmental policies.

Modernisation of Higher Education – Willful Action or Wishful Thinking? The Case of Bulgaria

2020 ◽  
Vol 8 (3) ◽  
pp. 3-17
Author(s):  
Elena Blagoeva
Keyword(s):  
Higher Education ◽  
Economic Crisis ◽  
Negative Impact ◽  
National Level ◽  
Sustainable Growth ◽  
Research Approach ◽  
Case Study Methodology ◽  
The Impact ◽  
The Eu

The impact of the last global economic crisis (2008) on the European economy put a strain on higher education (HE), yet it also pushed the sector towards intensive reforms and improvements. This paper focuses on the “Strategy for the Development of Higher Education in the Republic of Bulgaria 2014-2020”. With a case study methodology, we explore the strategic endeavours of the Bulgarian government to comply with the European directions and to secure sustainable growth for the HE sector. Our research question is ‘How capable is the Bulgarian HE Strategy to overcome the economic and systemic restraints of Bulgarian higher education?’. Because the development of strategies for HE within the EU is highly contextual, a single qualitative case study was chosen as the research approach. HE institutions are not ivory towers, but subjects to a variety of external and internal forces. Within the EU, this is obviated by the fact that Universities obtain their funds from institutions such as governments, students and their families, donors, as well as EU-level programmes. Therefore, to explore how these pressures interact to affect strategic action on national level, the case method is well suited as it enabled us to study the phenomena thoroughly and deeply. The paper suggests the actions proposed within the Strategy have the potential to overcome the delay, the regional isolation and the negative impact of the economic crisis on the country. Nevertheless, the key elements on which the success or failure of this Strategy hinges are the control mechanisms and the approach to implementation. Shortcomings in these two aspects of strategic actions in HE seem to mark the difference between gaining long-term benefits and merely saving face in front of international institutions.

THE ACCESS TO GOVERNMENT FINANCIAL SUPPORT THROUGH LEGAL CHANNELS OF SMALL AND MEDIUM ENTERPRISES IN FOUR ASIA PACIFIC COUNTRIES

2020 ◽  
Vol 9 (2) ◽  
pp. 298
Author(s):  
Muhamad Marwan
Keyword(s):  
Financial Support ◽  
Small And Medium Enterprises ◽  
Mediation Effect ◽  
Asia Pacific ◽  
Survey Questionnaire ◽  
Access To Finance ◽  
Medium Enterprises ◽  
The Impact ◽  
The Relationship

The aim of this study is to determine the impact of networking on SME’s ability to access government financial support through legal channels in Asia Pacific. This study is quantitative in nature in which the data has been gathered from 281 employees and managers working in SMEs through survey questionnaire. The SEM technique was utilised for the purpose of analysing and testing the mediation effect. The study found that there is a partial mediation of government financial support through legal channels among the relationship between networking with officers and access to finance. This study is restricted to the SMEs operating in the region of Asia Pacific.

A Study on Employee Attitude towards Organizational Change and the impact of Change Management on Organization Commitment

2019 ◽  
Vol 118 (3) ◽  
pp. 158-169
Author(s):  
Dheera.V. R ◽  
Jayasree Krishnan
Keyword(s):  
Organizational Change ◽  
Change Management ◽  
Tamil Nadu ◽  
Change Agents ◽  
Organization Change ◽  
Sustainable Growth ◽  
Positive Approach ◽  
Organizational Goals ◽  
Organization Commitment ◽  
The Impact

Organizations that are aiming to successfully implement change needs the support and acceptance of employees who are their key stakeholder. This study analyses the influence of Employees` attitude towards organization change. The research also aims at evaluating the influence of employees’ attitude towards commitment to organization and job after the introduction of change in the organization. The study was conducted among 300 employees who belonged to executive and managerial category from different star rated hotels in Chennai, Tamil Nadu, India which are currently embracing organization changes. The findings indicate that employees of the study demonstrate a positive approach towards the change management in their organization. The observations also project that a positive approach by employees towards changes, is a very good indication for organizations to know that their workforce is committed towards the organizational goals. Hence with the support of change agents, adequate communications and by creating awareness about the need for change will result in sustainable growth in the organizations.

Reducing the Risks of the Financial Sector to Ensure Sustainable Growth of the Russian Еconomy

2019 ◽  
Vol 12 (3) ◽  
pp. 86-92
Author(s):  
T. I. Minina ◽  
V. V. Skalkin
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Financial Sector ◽  
Developed Countries ◽  
Sustainable Growth ◽  
Necessary Condition ◽  
Real Sector ◽  
Financial Instruments ◽  
The Real ◽  
The Impact

Russia’s entry into the top five economies of the world depends, among other things, on the development of the financial sector, being a necessary condition for the economic growth of a developed macroeconomic and macro-financial system. The financial sector represents a system of relationships for the effective collection and distribution of economic resources, their deployment according to public demand, reducing the risk of overproduction and overheating of the economy.Therefore, the subject of the research is the financial sector of the Russian economy.The purpose of the research was to formulate an approach to alleviating the risks of increasing financial costs in the real sector of the economy by reducing the impact of endogenous risks expressed as financial asset “bubbles” using the experience of developed countries in the monetary policy.The paper analyzes a macroeconomic model applied to the financial sector. It is established that the economic growth is determined by the growth and, more important, the qualitative development of the financial sector, which leads to two phenomena: overproduction in the real sector and an increase in asset prices in the financial sector, with a debt load in both the real and financial sectors. This results in decreasing the interest rate of the mega-regulator to near-zero values. In this case, since the mechanisms of the conventional monetary policy do not work, the unconventional monetary policy is used when the mega-regulator buys out derivative financial instruments from systemically important institutions. As a conclusion, given deflationally low rates, it is proposed that the megaregulator should issue its own derivative financial instruments and place them in the financial market.

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