scholarly journals Assessing the Effect of Bilateral Trade on Health in the Asian Region: Does Digitization Matter?

2022 ◽  
Vol 9 ◽  
Author(s):  
Xinmin Zhang ◽  
Xinqin Zhang ◽  
Xiao-Guang Yue ◽  
Faisal Mustafa
Keyword(s):  
Public Discourse ◽  
Bilateral Trade ◽  
Negative Impact ◽  
Policy Implications ◽  
Asian Countries ◽  
Long Run ◽  
Asian Economies ◽  
Significant Negative Impact ◽  
The Impact ◽  
Recurrent Theme

A recurrent theme of the literature and wider public discourse is that trade and digitization are good for health as it promotes economic prosperity. The present study investigates the impact of trade and digitization on health in 12 selected Asian economies for the period 1991–2019. The study applied FMOLS and DOLS approaches for confirming the panel and economy-wise findings. The core findings of the panel FMOLS confirm the significant negative impact of trade and digitization on mortality rate, and trade and digitization have significantly positively contributed to life expectancy in selected Asian countries in the long run. The study deduces some imperative policy implications related to trade, digitization, and health, specifically for Asian economies.

The Impact of the Business Environment on the Formalization of Informal Firms. The Case of Kosovo

Südosteuropa ◽  
2020 ◽  
Vol 68 (4) ◽  
pp. 505-529
Author(s):  
Kujtim Zylfijaj ◽  
Dimitar Nikoloski ◽  
Nadine Tournois
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Business Environment ◽  
Positive Influence ◽  
Policy Implications ◽  
Tax Reforms ◽  
Firm Level ◽  
Characteristics Analysis ◽  
Significant Negative Impact ◽  
The Impact

AbstractThe research presented here investigates the impact of the business environment on the formalization of informal firms, using firm-level data for 243 informal firms in Kosovo. The findings indicate that business-environment variables such as limited access to financing, the cost of financing, the unavailability of subsidies, tax rates, and corruption have a significant negative impact on the formalization of informal firms. In addition, firm-level characteristics analysis suggests that the age of the firm also exercises a significant negative impact, whereas sales volume exerts a significant positive impact on the formalization of informal firms. These findings have important policy implications and suggest that the abolition of barriers preventing access to financing, as well as tax reforms and a consistent struggle against corruption may have a positive influence on the formalization of informal firms. On the other hand, firm owners should consider formalization to be a means to help them have greater opportunities for survival and growth.

scholarly journals The Contribution of Sustainable Tourism to Economic Growth and Employment in Pakistan

2019 ◽  
Vol 16 (19) ◽  
pp. 3785 ◽  
Author(s):  
Faiza Manzoor ◽  
Longbao Wei ◽  
Muhammad Asif ◽  
Muhammad Zia ul Haq ◽  
Hafiz ur Rehman
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Global Economy ◽  
Tourism Industry ◽  
Policy Implications ◽  
Future Research ◽  
Asian Countries ◽  
Long Run ◽  
Augmented Dickey Fuller ◽  
The Impact

In the global economy, tourism is one of the most noticeable and growing sectors. Thissector plays an important role in boosting a nation’s economy. An increase in tourism flow canbring positive economic outcomes to the nations, especially in gross domestic product (GDP) andemployment opportunities. In South Asian countries, the tourism industry is an engine ofeconomic development and GDP growth. This study investigates the impact of tourism onPakistan’s economic growth and employment. The period under study was from 1990 to 2015. Tocheck whether the variables under study were stationary, augmented Dickey–Fuller andPhillips–Perron unit root tests were applied. A regression technique and Johansen cointegrationapproach were employed for the analysis of data. The key finding of this study shows that there isa positive and significant impact of tourism on Pakistan’s economic growth as well as employmentsector and there is also a long‐run relationship among the variables under study. This studysuggests that legislators should focus on the policies with special emphasis on the promotion oftourism due to its great potential throughout the country. Policy implications of this recent studyand future research suggestions are also mentioned.

scholarly journals The Long-Run Effects of Attending an Elite School: Evidence from the United Kingdom

2016 ◽  
Vol 8 (1) ◽  
pp. 150-176 ◽  
Author(s):  
Damon Clark ◽  
Emilia Del Bono
Keyword(s):  
Negative Impact ◽  
School Attendance ◽  
Labor Market Outcomes ◽  
Market Outcomes ◽  
The United Kingdom ◽  
Long Run ◽  
Elite School ◽  
Significant Negative Impact ◽  
The Impact ◽  
School Assignment

This paper estimates the impact of elite school attendance on long-run outcomes including completed education, income, and fertility. Our data consist of individuals born in the 1950s and educated in a UK district that assigned students to either elite or non-elite secondary schools. Using instrumental variables methods that exploit the school assignment formula, we find that elite school attendance had large impacts on completed education. Surprisingly, there are no significant effects on most labor market outcomes except for an increase in female income. By contrast, we document a large and significant negative impact on female fertility. (JEL I21, I24, I26, J13, J16, J24, J31)

External Sector: Between Congestion and Sanctions—‘Syrian Economy Case, 1987–2018’

2020 ◽  
Vol 55 (3) ◽  
pp. 382-401
Author(s):  
Forat Suliman ◽  
Homam Khwanda
Keyword(s):  
Bilateral Trade ◽  
Negative Impact ◽  
Trade Flow ◽  
Bilateral Trade Flow ◽  
Trading Partners ◽  
Significant Negative Impact ◽  
The Usa ◽  
Trade Sector ◽  
External Sector ◽  
The Impact

Since the outbreak of the Syrian crisis in March 2011, the USA, European Union, Arab League and several other regulatory entities imposed negative economic sanctions on Syria—some of the most comprehensive ever implemented. This article first provides an assessment of Syrian foreign trade sector during the reform period of the 2000s and its impact on economic growth. Second, it estimates the impact of sanctions and conflict on the trade sector of the Syrian economy. The analysis is conducted using a panel-gravity model between Syria and 78 trading partners (1987–2017). Multilateral sanctions and conflict-related disruptions demonstrate a large significant negative impact on Syria-bilateral trade flow by 65 per cent. We attempt to find out whether the Syrian economy was able to divert trade away from Europe and/or conduct de-Europeanisation. Findings confirm that the Syrian economy was unable to divert trade flow to Asian and other countries due to the conflict-related congestion and distance factor. JEL: C33, F10

scholarly journals Fragility of State in Central African Republic: An Econometric Approach to Efficiency Understanding

2018 ◽  
Vol 21 (3) ◽  
pp. 681-697
Author(s):  
Yapatake Kossele Thales Pacific
Keyword(s):  
Central African Republic ◽  
Negative Impact ◽  
Positive Impact ◽  
The State ◽  
Policy Implications ◽  
Long Run ◽  
Short Run ◽  
High Level ◽  
The Impact ◽  
Control Of Corruption

A fragile state contributes to the underdevelopment of the nation and its consequences can be very devastating on the state’s cohesion, characterized by a high level of corruption which led the country to an incessant political instability and the continuous presence of foreign troops. 1 This article used the vector autoregresssion (VAR) model covering the period of 2005–2015 to examine the impact of control of corruption on the fragility of the state in the Central African Republic (CAR). The results show that control of corruption is significant and has a negative impact on the fragility of the state in the short run. The impulse response shows a negative impact of control of corruption in the short run but a positive impact in the long run on the fragility of the state. The policy implications of this fragility are that the CAR must pursue better governance as well as in the investment choices. Unless the CAR leaders and citizens recognize their own fragility, things can only get worse.

Does Financial Development Moderate the Effects on Growth Volatility? The Experience of Malaysia

2020 ◽  
Vol 14 (4) ◽  
pp. 361-381
Author(s):  
Chor Foon Tang ◽  
Salah Abosedra
Keyword(s):  
Financial Development ◽  
Negative Impact ◽  
Trade Openness ◽  
Policy Implications ◽  
Annual Data ◽  
Empirical Results ◽  
Inflation Volatility ◽  
Long Run ◽  
The Impact ◽  
Growth Volatility

This article examines whether financial development can moderate the effects of growth volatility in the Malaysian economy. Using annual data from 1972 to 2018, we noted the existence of a strong link between growth volatility and financial development over the long-run. The findings also indicate that financial development alleviates the incidence of growth volatility over the long-run. Our basic estimated model shows further that trade openness has a significant positive impact on growth volatility, while inflation volatility, inward FDI and financial development have a significant negative impact on growth volatility in Malaysia. This model is extended to count the moderating effects of financial development on the impact of inflation volatility, trade openness and FDI on growth volatility in Malaysia. The results show that financial development not only has a direct impact on growth volatility but it also moderates the impacts of inflation volatility, trade openness and FDI on growth volatility. Therefore, our results extend established findings on the finance-growth volatility nexus for the Malaysian economy. More importantly, it shows additional possible benefits from financial development for growth stability. Furthermore, we note that ignoring such benefits may have contributed to the conflicting empirical results reported in the finance-growth volatility literature. We offer some specific policy implications based on such empirical results that are beneficial to the Malaysian economy and other countries in the region. JEL Classification: C32, E32, O16

scholarly journals An Analysis of Age Dependency Burden and Saving Rates in Pakistan

2021 ◽  
Vol 4 (2) ◽  
pp. 531-546
Author(s):  
Muhammad Ali Nawaz ◽  
Imran Sharif Chaudhry ◽  
Muhammad Ahmed Shehzad ◽  
Muhammad Ramzan Sheikh
Keyword(s):  
Granger Causality ◽  
Old Age ◽  
Negative Impact ◽  
Granger Causality Test ◽  
Policy Implications ◽  
Age Dependency ◽  
Causality Test ◽  
Long Run ◽  
Saving Rates ◽  
The Impact

This study analyzes the impact of age dependency on gross savings for the period of 1975 to 2018 by applying ARDL and Granger causality techniques. The findings of the study suggest that young-age dependency and old-age dependency have a negative impact on gross savings in the long run. Granger causality test reveals that the causality between age-dependency of young and gross savings is bidirectional while the causality between age-dependency of old and gross savings is unidirectional. The study is also equipped with policy implications.

scholarly journals REMITTANCE VOLATILITY AND HEALTH SECTOR PERFORMANCE: EVIDENCE FROM NIGERIA

2021 ◽  
Vol 1 (2) ◽  
pp. 111
Author(s):  
Emmanuel Busuyi Oguntomi ◽  
Sunday Osahon Igbinedion
Keyword(s):  
Life Expectancy ◽  
Negative Impact ◽  
Health Sector ◽  
Ordinary Least Squares ◽  
Life Expectancy At Birth ◽  
Long Run ◽  
Significant Negative Impact ◽  
Education Status ◽  
Short Run ◽  
The Impact

For the past three decades the world has witnessed an unprecedented rise in remittance. This upsurge has necessitated researches in its potential impacts on the various facets of development. In spite of the surging interest on the impact of remittance, there has been paucity of researches on the impact of remittance volatility on health outcomes. This study therefore seeks to investigate the nexus between remittance volatility and life expectancy at birth within the Nigeria context, utilizing the Fully Modified Ordinary Least Squares (FMOLS) and Error Correction Model (ECM) for the period 1981 to 2018. Findings suggest that while remittance volatility has statistically significant negative impact on life expectancy in the long-run, it was however positive but insignificant in the short-run. Other factors such as income, education status and public health expenditure were also found to be major determinants of life expectancy in Nigeria. Given that remittances are largely susceptible to external shocks, and are beyond the control of policy makers in the recipient countries, relevant measures should be put in place in the home front to significantly cushion the negative impact of such fluctuations on life expectancy in the long-run.

scholarly journals The Influence of Urban Sprawl on Air Pollution and the Mediating Effect of Vehicle Ownership

Processes ◽  
2021 ◽  
Vol 9 (8) ◽  
pp. 1261
Author(s):  
Aiping Tao ◽  
Qun Liang ◽  
Peng Kuai ◽  
Tao Ding
Keyword(s):  
Air Pollution ◽  
Urban Sprawl ◽  
Negative Impact ◽  
Empirical Support ◽  
Mediating Effect ◽  
Vehicle Ownership ◽  
Mediating Role ◽  
Effect Model ◽  
Significant Negative Impact ◽  
The Impact

Based on the panel data of 224 prefecture-level and above cities in China from 2003 to 2016, this paper empirically studies the impact of urban sprawl on air pollution and introduces a mediating effect model to test the mediating role of vehicle ownership concerning the impact of urban sprawl on air pollution. The research in this paper arrives at three conclusions. First, urban sprawl has a significant positive effect on air pollution, and this conclusion is still valid after solving the endogeneity problem and conducting a robustness test. Second, the results of mediating effect test show that urban sprawl indirectly affects air pollution through the partial mediating effect of vehicle ownership. By removing the mediating effect, urban sprawl has a significant negative impact on air pollution, indicating that the mediating effect of vehicle ownership is higher concerning the impact of urban sprawl on air pollution. Third, further panel quantile regression results show that the higher the level of air pollution, the weaker the mediating effect of vehicle ownership and the stronger the direct effect of urban sprawl on air pollution. These conclusions can provide some empirical support for solving the air pollution problems caused by urban sprawl in China.

The Psychological and Financial Impact of Cybercrime Victimization: A Novel Application of the Shattered Assumptions Theory

2021 ◽  
pp. 089443932098382
Author(s):  
Jildau Borwell ◽  
Jurjen Jansen ◽  
Wouter Stol
Keyword(s):  
Negative Impact ◽  
Secondary Analysis ◽  
Well Being ◽  
Policy Implications ◽  
Financial Impact ◽  
Financial Loss ◽  
Data Set ◽  
Loss Compensation ◽  
Shattered Assumptions ◽  
The Impact

While criminality is digitizing, a theory-based understanding of the impact of cybercrime on victims is lacking. Therefore, this study addresses the psychological and financial impact of cybercrime on victims, applying the shattered assumptions theory (SAT) to predict that impact. A secondary analysis was performed on a representative data set of Dutch citizens ( N = 33,702), exploring the psychological and financial impact for different groups of cybercrime victims. The results showed a higher negative impact on emotional well-being for victims of person-centered cybercrime, victims for whom the offender was an acquaintance, and victims whose financial loss was not compensated and a lower negative impact on emotional well-being for victims with a higher income. The study led to novel scientific insights and showed the applicability of the SAT for developing hypotheses about cybercrime victimization impact. In this study, most hypotheses had to be rejected, leading to the conclusion that more work has to be done to test the applicability of the SAT in the field of cybercrime. Furthermore, policy implications were identified considering the prioritization of and approach to specific cybercrimes, treatment of victims, and financial loss compensation.

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