The Empirical Analysis of the Driving Factors of China Coal Demand

2011 ◽  
Vol 361-363 ◽  
pp. 1290-1295
Author(s):  
Guang Fu Wang
Keyword(s):  
Short Term ◽  
Equilibrium Relation ◽  
Coal Consumption ◽  
Urbanization Level ◽  
Integration Test ◽  
Short Run ◽  
Dynamic Relations ◽  
The Empirical Analysis ◽  
Consumption Efficiency

This paper tests the long-term equilibrium relations and short-term dynamic relations by applying Johansen co-integration test and VECM model among the coal demand, economic aggregate, economic structure, energy consumption efficiency, and urbanization level of china. It shows that there is a long-term equilibrium relation among above variables. Then the long-term elasticity of coal demand to other variables is given. It also shows, in the short run, the T time coal demand will affected by T-2 time economic aggregate, T-2 time urbanization level, T-1 time coal demand, and T-2 time coal demand. At last, the paper gives suggestions on how to control coal consumption in china.

scholarly journals The Dynamic Linkages among Sector Indices: The Case of the Egyptian Stock Market

2016 ◽  
Vol 8 (4) ◽  
pp. 23
Author(s):  
Walid M. A. Ahmed
Keyword(s):  
Equity Market ◽  
Cointegration Analysis ◽  
Portfolio Diversification ◽  
Causality Analysis ◽  
Short Term ◽  
Cointegrating Vector ◽  
Short Run ◽  
Investigation Period ◽  
The Empirical Analysis

<p>The main thrust of this study is to investigate both the long-term and short-term links among sectors of the Egyptian equity market. The empirical analysis is carried out using Johansen’s multivariate cointegration analysis and Granger’s causality analysis. The investigation period extends from 3 April 2011 to 31 May 2015. The results of cointegration analysis indicate that there exists a single cointegrating vector within the sample sector indices. The Granger’s causality analysis shows that the short-term causal relationships between the sector indices are substantially limited and, where they exist, practically unidirectional. By and large, an important implication of these findings is that there is still possibility to obtain gains from portfolio diversification in the short run. Nonetheless, investors with long-term horizon might not be able to benefit from diversifying into the various sectors of the Egyptian market.</p>

An Empirical Analysis of the Relationship between Economic Growth and Energy Utilization in China

2013 ◽  
Vol 734-737 ◽  
pp. 1666-1670
Author(s):  
Fei Hu Yang ◽  
Peng Zhang ◽  
Xiao Wei Wang
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Energy Utilization ◽  
Correction Model ◽  
Vector Autoregressive ◽  
Integration Test ◽  
Recycling Economy ◽  
The Relationship ◽  
The Empirical Analysis

Based on the co-integration test, error correction model and vector autoregressive model, the empirical analysis results show a long-term co-integration relationship between economic growth and energy utilization in China, energy consumption increased by 1%, GDP will increase by 1.342%. In order to raise the efficiency of energy utilization during China's economic development, suggestions like saving energy conservation, reducing emission and recycling economy have been proposed.

scholarly journals MENEJMEN RISIKO DALAM PERFEKTIF ISLAM

2017 ◽  
Vol 5 (1) ◽  
Author(s):  
Supriyo Supriyo
Keyword(s):  
Risk Management ◽  
Production System ◽  
Human Life ◽  
Short Term ◽  
Islamic Perspective ◽  
The Family ◽  
The Future ◽  
Short Run ◽  
A Company

Human life with all its activities in order to meet the needs of life always will always faced the possibility of risk either directly or indirectly, can occur in the short term or long term. A possibility of the occurrence or risk had certainly will affect the activity to be done And adversely affect the economy of a family and even a company, if the risks that occur have a vital impact on the family or an organization. Many failures within a company's organization are due to unforeseen risks occurring as for example the company never thinks that a newly established company is still in the short run abruptly because a workforce lacking control in the production system creates a great fire and spends all and has a bad impact For the economy of a family and even a company, if the risks that occur have a vital impact on the family or an organization. Many failures within a company's organization are due to unforeseen risks occurring as for example the company never thinks that a newly established company is still in the short run abruptly because a workforce lacking control in the production system creates a terrible fire and consumes all the company's assets Newly established. Everyone or anyone else would not want the incident to happen and befall themselves and his business in the future. Keywords: Islamic perspective, Risk management

Foreign Demand, Investment And Trade Balance: The Case Of Australia

2011 ◽  
Vol 1 (4) ◽  
Author(s):  
Jean-Francois Hoarau ◽  
Alain Nurbel ◽  
Nelson Latchimy
Keyword(s):  
Trade Balance ◽  
High Growth ◽  
Short Term ◽  
Foreign Demand ◽  
J Curve ◽  
The World ◽  
Curve Effect ◽  
First Time ◽  
The Empirical Analysis

This paper aims at analysing the relation between real trade balance and foreign demand in the case of a small opened economy, which highly depends upon the rest of the world for productive capital. Theoretical analysis allows us to bring forth a kind of “J-curve” effect. Indeed, when foreign demand for domestic goods increases, the country is to import in a first time in order to improve its productive capacities, resulting in worsening trade balance. However, in a second time, once the cumulated capital inventory became sufficient, the trade balance improves under the pressure of domestic exports high growth. The empirical analysis based on Australia from 1982 (1) to 2001 (1) supports this theory. We show there are negative short term and positive long term elasticities.

scholarly journals Coach Mid-Season Replacement and Team Performance in Professional Soccer

2011 ◽  
Vol 28 (1) ◽  
pp. 115-122 ◽  
Author(s):  
Carlos Lago-Peñas
Keyword(s):  
Team Performance ◽  
Positive Impact ◽  
Short Term ◽  
Shock Effect ◽  
Professional Soccer ◽  
Before And After ◽  
Using Data ◽  
The Relationship ◽  
The Empirical Analysis

Coach Mid-Season Replacement and Team Performance in Professional SoccerThe coaching carousel or turnover is an extreme but frequently occurring phenomenon in soccer. Among the reasons for firing a coach, the most common is the existence of a shock-effect: a new coach would be able to motivate the players better and therefore to improve results. Using data from the Spanish Soccer League during the seasons from 1997-1998 to 2006-2007, this paper investigates the relationship between team performance and coach change over time. The empirical analysis shows that the shock effect of a turnover has a positive impact on team performance in the short term. Results reveal no impact of coach turnover in the long term. The favourable short-term impact on team performance of a coach turnover is followed by continued gradual worsening of results. The turnover effect is non-existent when the comparison between the new coach and the old coach is done over 10, 15 or 20 matches before and after termination.

scholarly journals Evidence on the Nexus Between Electricity Consumption and Economic Growth through Empirical Investigation of Uganda

2015 ◽  
Vol 8 (1) ◽  
pp. 149-165
Author(s):  
Lira Sekantsiand ◽  
Mamofokeng Motlokoa
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Capital Stock ◽  
Capital Accumulation ◽  
Electricity Consumption ◽  
The Body ◽  
Electricity Sector ◽  
Short Term ◽  
Short Run

AbstractThis paper empirically examines the electricity consumption - economic growth nexus in Uganda for the period 1982 to 2013, with a view to contributing to the body of literature on this topic and informing energy policy design in Uganda. Using capital stock as an intermittent variable in the causality framework, the paper employs Johansen-Juselius (1988, 1995) multivariate cointegration and VECM based Granger causality tests and finds a bidirectional causality between electricity consumption and economic growth in the long-term and distinct causal flow from economic growth to electricity consumption in the short-run, and short-term and long-term Granger causality from capital stock to economic growth, with short-run feedback in the opposite direction. Therefore, it implies that firstly, the Government of Uganda (GoU) can implement conservation policies only through reducing energy intensity and promoting efficient energy use to avoid decline in output and secondly, that the GoU should intensify its efforts towards capital accumulation in order to realize sustainable economic growth. Lastly, the empirical evidence that electricity consumption influences some short-term capital accumulation supports the GoU’s efforts to allow private sector investment in the electricity sector in an effort to increase electricity supply.

scholarly journals DETERMINANTS OF BANK PROFITABILITY: A NEW EVIDENCE FROM STATE-OWNED BANKS IN INDONESIA

TRIKONOMIKA ◽  
2020 ◽  
Keyword(s):  
Financial Services ◽  
Impulse Response Function ◽  
Long Term Effects ◽  
Short Term ◽  
Bank Profitability ◽  
Vector Error Correction ◽  
Vector Error ◽  
Short Run ◽  
New Evidence

This paper investigates the factors that determine bank profitability in Indonesia particularly on state-owned banks during the 2007 to 2017. The research applied Vector Error Correction Model (VECM) to measure short-term and long-term effects of independent variable on dependent variable. The research data ini this paper is drawn from two main sources namely Bank Indonesia (BI) and Financial Services Authority (OJK) from 2007 to 2017. The findings showed that in the long term, BOPO, LDR, NPLs, economic growth, and exchange rates have positive relationship toward bank profitability while in the short term, inflation and BI rates do not have effect on bank profitability. However, in the short run, all variables mentioned do not have impact toward banking profitability. In addition, based on Impulse Response Function test, it showed that there are only two independent variables are able to provide a response in case of shock, namely inflation and the exchange rate toward bank’s profitability.

scholarly journals AN ANALYSIS OF STOCK MARKET INTEGRATION IN THE ASIAN DEVELOPED AND EMERGING MARKETS

2021 ◽  
Vol 9 (3) ◽  
pp. 1175-1190
Author(s):  
Sadiq Rehman ◽  
Asif Ali Abro ◽  
Ahmed Raza Ul Mustafa ◽  
Najeeb Ullah ◽  
Sanam Wagma Khattak
Keyword(s):  
Stock Market ◽  
Emerging Markets ◽  
Stock Markets ◽  
Impulse Response Function ◽  
Variance Decomposition ◽  
Short Term ◽  
Emerging Stock Markets ◽  
Long Run ◽  
Integration Test ◽  
Short Run

Purpose of the study: This study investigates Short-run, Long-run, and Casual relationships in the Asian Developed and Emerging stock market indices for the period of 19 years weekly data of stock market indices of Asian Developed and Emerging Markets which are Japan (Nikkei 225), South Korea (KOSPI), Pakistan (KSE 100), China (SSE Composite), Sri Lanka (ASPI), India (BSE 200) and Malaysia (KLSE composite) from January 2001 to December 2019. Methodology: To analyze long-run and short-run relationships among the Asian developed and emerging stock markets, this study practices Descriptive Statistics, Correlation Matrix, Unit Root Test, Johansen Co-Integration Test, Vector Error Correction Model, Granger Causality test, Variance Decomposition and Impulse Response Function (IRF). Main findings: By employing the ADF and P.P. tests, the results specify that the entire variables' data are non-stationary and stationary in exact order, which is 1st difference. The Johnson Co-integration test found one cointegration relationship, where the results are consistent with Granger causality, Variance Decomposition, and Impulse Response Function (IRF). Application of the study: As the current research has focused on finding out the comovements in the Asian developed and emerging markets. So, the applications are that the survey found short-run and long-run relationships in these countries' stock markets. The study's originality: The current study has selected seven Asian developed and emerging stock markets and weekly updated time series data to investigate short-term and long-term linkages. So, this study found long-run comovements in these stock indices, which contributes to the literature. In addition, these stock markets have limited diversification benefits for international investors, while short-term diversification benefits may exist.

scholarly journals The Linkage among Sea Transportation, Trade Liberalization and Industrial Development in the context of Carbon Dioxide Emissions: An Empirical Investigation from China

2020 ◽  
Author(s):  
Salih Kalaycı ◽  
Cihan Özden
Keyword(s):  
Carbon Dioxide ◽  
Trade Liberalization ◽  
Carbon Dioxide Emissions ◽  
Industrial Development ◽  
Maritime Transport ◽  
Short Term ◽  
Correction Model ◽  
Sea Transportation ◽  
Short Run

AbstractThe major goal of this paper is to focus on the existing literature regarding the linkage between maritime, trade liberalization and industrial development in the context of CO2 by using econometrical model. In this context, it is attempted to reveal the effects of independent variables on CO2 (dependent variable) for China from 1980 to 2013 (annual data) by implementing Phillips-Perron (PP), Zivot-Andrews unit root tests, FMOLS, DOLS, CCR, ARDL and GMM methods. According to results of FMOLS, DOLS and CCR models there is a long-term stable relationship between sea transportation, trade liberalization, industrial development and carbon dioxide emissions which is proved empirically. Similarly, Short term ARDL estimation results reveal that the main determinants of CO2 in the short-run are changed in industrial development and maritime transport at 1% significance level. Table 6 summarizes the short-term ARDL results and the findings regarding the error correction model. According to Table 6, error correction model works in order to reach short-run adjustment. In the short term, approximately 78% of shocks in industrial development, maritime transport and trade liberalization are compensated within a period of time and the system is re-established in the long term. China produced half of the 1.2 million electric media used worldwide; the government directs its attention to the rehabilitation and reuse of all these lithium-ion batteries. Large-scale production of biofuels can still be several years away. Crude oil might be very difficult to promote alternative fuels on a national scale unless crude oil prices surge so high as to become unaffordable. Authorities underline: China will become the world’s number one economy. Now renewable energy will be more important, which should be encouraged to use by government on transportation so as to reduce the CO2 emissions. However, China can be leader excess oil use for transport if they want to dominate the economy worldwide.

Sign in / Sign up

Export Citation Format

Share Document