scholarly journals Economic Complexity and the Mediating Effects of Income Inequality: Reaching Sustainable Development in Developing Countries

2020 ◽  
Vol 12 (5) ◽  
pp. 2089 ◽  
Author(s):  
Emilie Le Caous ◽  
Fenghueih Huarng

According to the United Nations Development Program, sustainable development goals are fundamental for attaining a better and more sustainable future for all of us, and are a primary concern today. New indicators, such as the Economic Complexity Index (i.e., ECI), can be used to predict human development index (i.e., HDI). To be defined as a complex economy, a country, through a vast network of individuals, should be able to interlink extensive quantities of relevant knowledge to create diversified products. Political, cultural, and environmental factors should also be included in this model to improve the measurement of human development. This paper aimed to study the relationship between the ECI and HDI and the mediating effects of income inequality among developing countries. Hierarchical linear modeling was used as a statistical tool to analyze 87 developing countries from 1990 to 2017, which also studied the country-level effects of gender inequality and energy consumption. Different year lags were used for more robustness. The results show that human development increased with higher economic complexity. This relationship was, however, partially mediated by income inequality. Country-level predictors, gender inequality, and energy consumption also impacted sustainable development. Finally, it is essential to note that this model cannot be applied to developed economies.

Energies ◽  
2020 ◽  
Vol 13 (21) ◽  
pp. 5776
Author(s):  
Rashiqa Abdul Salam ◽  
Khuram Pervez Amber ◽  
Naeem Iqbal Ratyal ◽  
Mehboob Alam ◽  
Naveed Akram ◽  
...  

India, Pakistan, and Bangladesh (IPB) are the largest South Asian countries in terms of land area, gross domestic product (GDP), and population. The growth in these countries is impacted by inadequate renewable energy policy and implementation over the years, resulting in slow progress towards human development and economic sustainability. These developing countries are blessed with huge potential for renewable energy resources; however, they still heavily rely on fossil fuels (93%). IPB is a major contributor to the total energy consumption of the world and its most energy-intensive building sector (India 47%, Pakistan 55% and Bangladesh 55%) displays inadequate energy performance. This paper comprehensively reviews the energy mix and consumption in IPB with special emphasis on current policies and its impact on economic and human development. The main performance indicators have been critically analyzed for the period 1970–2017. The strength of this paper is a broad overview on energy and development of energy integration in major South Asian countries. Furthermore, it presents a broad deepening on the main sector of energy consumption, i.e., the building sector. The paper also particularly analyzes the existing buildings energy efficiency codes and policies, with specific long-term recommendations to improve average energy consumption per person. The study also examines the technical and regulatory barriers and recommends specific measures to adapt renewable technologies, with special attention to policies affecting energy consumption. The analysis and results are general and can be applied to other developing countries of the world.


2012 ◽  
Vol 16 (3) ◽  
pp. 238-258 ◽  
Author(s):  
Marc Ouimet

The current study contrasts and compares the role of socioeconomic factors that explain variations in the homicide rate for 165 countries in 2010. Regression analyses demonstrate that economic development (GNI), inequality (Gini), and poverty (excess infant mortality) are significant predictors of the homicide rate for all countries. However, subsample analyses shows that income inequality, not economic development or poverty, predicts homicide for countries with a medium level of human development. Also, the variations in homicide for developing countries are inadequately explained by our model. To conclude, an analysis of the countries that exhibited significant discrepancies between their predicted and observed homicide rate is discussed.


Energies ◽  
2020 ◽  
Vol 13 (11) ◽  
pp. 2768 ◽  
Author(s):  
Alexei Yumashev ◽  
Beata Ślusarczyk ◽  
Sergey Kondrashev ◽  
Alexey Mikhaylov

The article explores the impact of the quality and volume of energy consumption of the population on the human development index using a sample of a number of countries as an example. The hypothesis concerning the relationship between the amount of energy consumed, the human development index (HDI), and the environment (CO2 emissions into the atmosphere) has been verified. The study results show that the size and rating of the HDI are influenced by such factors as urbanization growth, gross domestic product (GDP), gross national income (GNI) per capita, the share of “clean” energy consumption by the population and business in total energy consumption, the level of socio-economic development, and R&D expenses. In the course of building the model, the recommendations by the United Nations (UN) and the Organization for Economic Co-operation and Development (OECD) were used. The results show that the volume of energy consumption not only affects the human development index in a particular country, but is also an important factor in determining the level of sustainable development. The results, obtained in the course of the study and described in the article, may be applicable in the practice of research related to the assessment of human development and sustainable development.


2021 ◽  
Author(s):  
Yusuf Ekrem Akbas ◽  
Fuat Lebe

Abstract The primary objective of this study is to examine the relationship between carbon dioxide (CO2) emissions, energy consumption, income inequality, and poverty within the framework of the Environmental Kuznets Curve (EKC) in 14 developed and ten developing countries over the period 2000–2018. We employed the Fourier unit root test and Dynamic Seemingly Unrelated Regression (DSUR) estimator to analyze the relationship between these variables. The results show that in developing countries, income inequality, poverty, and energy consumption positively affect CO2 emission. In contrast, in developed countries, there is no significant relationship between these variables. Moreover, we found out that the EKC hypothesis, which suggests an inverted U-shaped relationship between per capita income and CO2 emissions, is valid in developed countries and invalid in developing countries. We determined that the turning points obtained from regression analysis are outside of the sample period in five developing countries (Argentina, Armenia, Kazakhstan, Panama, and Uruguay). These results show that income inequality and poverty can indirectly affect environmental quality by energy consumption in developing countries.


1997 ◽  
Vol 8 (4) ◽  
pp. 269-278
Author(s):  
Robert Hawley

The world's consumption of primary energy continues to rise rapidly, mainly because of the developing countries who cannot yet provide the services essential to improving the quality of life. Increasing energy consumption, the effect it will have on the world's finite resources and, more importantly, on the environment, leave the world's population facing serious challenges. This paper will briefly consider the power generation technology options that offer sustainable development including the role that nuclear power plays today, and will need to play in the next century, to preserve and improve the quality of life worldwide.


Author(s):  
Sena Kimm Gnangnon

This paper has examined the effect of economic complexity on poverty in developing countries. The analysis has used a sample of 84 countries over the period 1980-2017. Results indicate that greater economic complexity results in lower poverty headcount rates. This is particularly the case for countries that enjoy higher economic growth rates, lower levels of income inequality and lower degrees of economic growth volatility, including due to lower sizes of export demand and financial flows shocks. These findings have important policy implications for developing countries that are exploring ways and means to recover from the current COVID-19 pandemic crisis, and prepare for future crises.


2021 ◽  
Vol 68 (1) ◽  
Author(s):  
Tarek Abdel-Latif Aboul-Atta ◽  
Rania Hamed Rashed

AbstractThe transition to renewable energy sources remains a major challenge for developed and developing countries. Therefore, the study aims at investigating the relationship between sustainable development indicators and renewable energy consumption utilizing integrated data sets for 255 indicators expressing the sustainable development goals from 137 developed and developing countries. Principal component analysis then multiple linear regression tests are employed to conclude a mathematical model representing the numerical relationship between a set of sustainable development indicators and renewable energy consumption. The statistical analysis results include (i) an inverse correlation between Sustainable Development Index which expresses the dominant factor representing collected data and renewable energy consumption, (ii) a set of sustainable development indicators as the determinants of renewable energy consumption. The findings explain the rapid transformation of low Sustainable Development Index countries towards renewable energy technology by realizing the effective role of using renewable energy as a local solution. Moreover, the findings manifest the importance of the given sustainable development indicators in obtaining a more significant increase in renewable energy consumption. Using the concluded mathematical mode, planners and decision-makers can compromise the concluded indicators to attain a serious progressing step towards renewable energy transition aligned with achieving sustainable development.


2020 ◽  
Vol 143 (6) ◽  
Author(s):  
Daniel O. Smith ◽  
Christopher A. Mattson ◽  
Eric C. Dahlin

Abstract Those working in Engineering for Global Development seek to improve the conditions in developing countries. A common metric for understanding the development state of a given country is the Human Development Index (HDI), which focuses on three dimensions: health, education, and income. An engineer’s expertise does not always align with any of those dimensions directly, while they still hope to perform impactful work for human development. To discover other areas of expertise that are highly associated with the HDI, correlations and variable selection were performed between all World Development Indicators and the HDI. The resultant associations are presented according to industry sector for a straightforward connection to engineering expertise. The associated areas of expertise can be used during opportunity development as surrogates for focusing on the HDI dimensions themselves. The data analysis shows that work related to “Trade, Transportation, and Utilities,” such as electricity distribution, and exports or imports, “Natural Resources and Mining,” such as energy resources, agriculture, or access to clean water, and “Manufacturing,” in general, are most commonly associated with improvements in the HDI in developing countries. Also, because the associations were discovered at country-level, they direct where geographically particular areas of expertise have been historically associated with improving HDI.


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