scholarly journals Nonlinearity between CO2 Emission and Economic Development: Evidence from a Functional Coefficient Panel Approach

2020 ◽  
Vol 12 (24) ◽  
pp. 10258
Author(s):  
Kyungsik Nam ◽  
Sungro Lee ◽  
Hocheol Jeon
Keyword(s):  
Economic Development ◽  
Low Income ◽  
Co2 Emission ◽  
Income Elasticity ◽  
Low Income Countries ◽  
Nonlinear Relationship ◽  
Panel Model ◽  
Income Coefficient ◽  
Over Time ◽  
Functional Coefficient

This paper investigates the nonlinear relationship between CO2 emission and economic development using a newly developed functional coefficient panel model. In contrast to the existing literature, which suggests that the income elasticity of CO2 emission is parametrically modeled as a function of income, the income coefficient of CO2 emission is set as a function of both income and time. Then, we estimate the income elasticity in a nonparametric way using the country panel data covering 1971–2017. By doing so, we impose richer dynamics to the income elasticity not only over income but also over time. Our empirical results indicate that the income elasticity has decreased over time for high-income countries, whereas it has increased over time for low-income countries.

International Trade and Economic Development

1964 ◽  
Vol 2 (4) ◽  
pp. 491-511 ◽  
Author(s):  
Nicholas Kaldor
Keyword(s):  
Economic Development ◽  
Low Income ◽  
Income Elasticity ◽  
World Market ◽  
Low Income Countries ◽  
Elasticity Of Demand ◽  
Primary Products ◽  
Manufactured Goods ◽  
Income Elasticity Of Demand ◽  
Volume Of Trade

A Recebt study by the U.N. Secretariat provides ample proof, if further proof were needed, that the problem of the economic development of the low-income countries cannot be solved without these countries becoming not only producers, but also exporters of manufactured goods, on an important scale.1 At present 86 per cent of the exports of the ‘developing countries’2 consists of primary products, and only 14 per cent of manufactured goods. But the world market for primary commodities expands only slowly, owing to the low income elasticity of demand. This is partly due to the low income elasticity of food consumption in the wealthy countries and the rapid growth of their own agricultural production, and partly to economies in the use of materials in industry and the development of synthetics. Since 1938, the volume of trade in manufactures has more than trebled, while the volume of trade in primary products has increased only by two-thirds.

scholarly journals The Effect of Globalization on Economic Development Indicators: An Inter-Regional Approach

2020 ◽  
Vol 12 (5) ◽  
pp. 1942 ◽  
Author(s):  
Pedro Antonio Martín Cervantes ◽  
Nuria Rueda López ◽  
Salvador Cruz Rambaud
Keyword(s):  
Economic Development ◽  
World Bank ◽  
Low Income ◽  
Public Expenditure ◽  
Low Income Countries ◽  
Development Indicators ◽  
The World Bank ◽  
The World ◽  
Economic Institute ◽  
Double Character

Background: The analysis of the problems derived from globalization has become one of the most densely studied topics at the beginning of this millennium, as they can have a crucial impact on present and future sustainable development. This paper analyzes the differential patterns of globalization in four worldwide areas predefined by The World Bank (namely, High-, Upper-Middle-, Lower-Middle-, and Low-Income countries). The main objective of this work is to estimate the effect of globalization on some economic development indicators (specifically per capita income and public expenditure on health) in 217 countries over the period 2000–2016. Methods: Our empirical approach is based on the implementation of a novel econometric methodology: The so-called Toda–Yamamoto procedure, which has been used to analyze the possible causal relationships between the involved variables. We employ World Development Indicators, provided by The World Bank, and the KOF Globalization Index, elaborated by the KOF Swiss Economic Institute. Results: The results show that there is a causal relationship in the sense of Granger between globalization and public expenditure on health, except in High-Income countries. This can be interpreted both negatively and positively, confirming the double character of globalization, as indicated by Stiglitz.

Modification of Access Policies for the Poverty Reduction and Growth Facility and the Exogenous Shocks Facility

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
Low Income ◽  
Poverty Reduction ◽  
Low Income Countries ◽  
Economic Downturn ◽  
Medium Term ◽  
Exogenous Shocks ◽  
World Economic ◽  
Access Policies ◽  
Over Time

The paper proposes a doubling of access limits on concessional lending to ensure that the Fund can respond effectively to the needs of low-income countries (LICs) severely affected by the current world economic downturn. Pending adoption of broader reforms to the LIC facilities architecture, higher access limits under the Poverty Reduction and Growth Facility (PRGF) and Exogenous Shocks Facility-High-Access Component (ESF-HAC) would give the Fund greater flexibility in assisting LICs, which have become more exposed to global volatility over time. A doubling of access limits would restore them to their 1998 levels in percent of GDP and would be consistent with the approach taken in determining new access limits for General Resources Account (GRA) resources. It would also be in line with the projected doubling of medium-term demand for concessional resources.

scholarly journals Secular change in the association between urbanisation and abdominal adiposity in China (1993–2011)

2018 ◽  
Vol 72 (6) ◽  
pp. 484-490 ◽  
Author(s):  
Yosuke Inoue ◽  
Annie Green Howard ◽  
Amanda L Thompson ◽  
Penny Gordon-Larsen
Keyword(s):  
Economic Development ◽  
Low Income ◽  
Mixed Linear Model ◽  
Secular Change ◽  
Abdominal Adiposity ◽  
Nutrition Survey ◽  
Middle Income ◽  
Interaction Terms ◽  
Health And Nutrition ◽  
Over Time

BackgroundLittle attention has been paid to how the association between urbanisation and abdominal adiposity changes over the course of economic development in low-income and middle-income countries.MethodsData came from the China Health and Nutrition Survey waves 1993–2011 (seven waves). A mixed linear model was used to investigate the association between community-level urbanisation with waist-to-height ratio (WHtR; an indicator of abdominal adiposity). We incorporated interaction terms between urbanisation and study waves to understand how the association changed over time. The analyses were stratified by age (children vs adults).ResultsAdult WHtR was positively associated with urbanisation in earlier waves but became inversely associated over time. More specifically, a 1 SD increase in the urbanisation index was associated with higher WHtR by 0.002 and 0.005 in waves 1993 and 1997, while it was associated with lower WHtR by 0.001 in 2011. Among child participants, the increase in WHtR over time was predominantly observed in more urbanised communities.ConclusionOur study suggests a shift in adult abdominal adiposity from more urbanised communities to less urbanised communities over a time of rapid economic development in China. Children living in more urbanised communities had higher increase in abdominal obesity with urbanisation over time relative to children living in less urbanised communities.

Population Growth and Economic Development in Low-Income Countries.

1959 ◽  
Vol 32 (3) ◽  
pp. 325
Author(s):  
F. Benham ◽  
Ansley J. Coale ◽  
Edgar M. Hoover
Keyword(s):  
Economic Development ◽  
Population Growth ◽  
Low Income ◽  
Low Income Countries
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