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Input Output Analysis Foundations And Extensions

An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries?

This work aims to contribute to the existing literature by investigating at the impact of financial development on ecological footprint. To achieve this goal, we have employed Driscoll-Kraay panel regression model for a panel of 59 Belt and Road countries in the period from 1990 to 2016. The findings suggest that financial development increases ecological footprint. Moreover, economic growth, energy consumption, foreign direct investment (FDI), and urbanization pollute the environment by increasing ecological footprint. In addition, several diagnostic tests have been applied to confirm the reliability and validity of the results. From the outcome of the study, various policy implications have been proposed for Belt and Road countries to minimize the ecological footprint.

The effect of financial development on ecological footprint in BRI countries: evidence from panel data estimation

Modelling for insight: Does financial development improve environmental quality?

The Effect of Renewable Energy Consumption on Economic Growth: Evidence from the Renewable Energy Country Attractive Index

https://www.econstor.eu/bitstream/10419/243593/1/1666085774.pdf

Renewable energy consumption and economic growth nexus: A fresh evidence from West Africa

The paper examines the impacts of financial development on sectoral carbon emissions (CO2) for environmental quality in Malaysia. Since the financial sector is considered as one of the sectors that will contribute to Malaysian economy to become a developed country by 2020, we utilize a cointegration method to investigate how financial development affects sectoral CO2 emissions. The long-run results reveal that financial development increases CO2 emissions from﻿ the transportation and oil and gas sector and reduces CO2 emissions from manufacturing and construction sectors. However, the elasticity of financial development is not significant in explaining CO2 emissions from the agricultural sector. The results for short-run elasticities were also consistent with the long-run results. We conclude that generally, financial development increases CO2 emissions and reduces environmental quality in Malaysia.

/pdf/financial-development-and-sectoral-co-2-emissions-in-4ui0zeo80z.pdf

Financial development and sectoral CO 2 emissions in Malaysia

Does clean energy contribute to economic growth? Evidence from Nigeria

This article investigated the impact of human capital and technology on economic growth in Nigeria. We employed annual time series data for the period of 35 years (1975-2010) and applied autoregres...

https://journals.sagepub.com/doi/pdf/10.1177/2158244015615166

Human Capital, Technology, and Economic Growth

This paper examines the effect of trade openness on deforestation for environmental quality in Nigeria. Autoregressive Distributed Lag bounds testing approach to cointegration was used to achieved the long-run equilibrium relationship among the variables. Economic growth, energy consumption and population were used as control variable. The long-run result shows that the coefficients of trade openness and economic growth are significant and inversely related to deforestation. This suggests that trade openness and growth reduce deforestation and improves environmental quality. Conversely, the long-run coefficient of population is significant and positively related to deforestation, meaning that population increases deforestation and environmental degradation. However, the long-run result for energy consumption did not produce statistical significance. Furthermore, all the short-run results were consistent with their long-run result.

Ibrahim Kabiru Maji

Papers

Renewable energy consumption and economic growth nexus: A fresh evidence from West Africa

Financial development and sectoral CO 2 emissions in Malaysia

Does clean energy contribute to economic growth? Evidence from Nigeria

Human Capital, Technology, and Economic Growth

The link between trade openness and deforestation for environmental quality in Nigeria