Article
Environmental Studies
Roberto Ganau, Andres Rodriguez-Pose
Summary: Urban concentration has significant impacts on national economies, reducing employment growth while increasing GDP per capita and labor productivity growth. The returns of urban concentration are higher for high-income countries and are mainly driven by the 'core' of Functional Urban Areas, rather than suburban areas.
Article
Environmental Sciences
Busayo Victor Osuntuyi, Hooi Hooi Lean
Summary: This study investigates the role of education in the linkages between economic growth, energy consumption, and environmental degradation. The findings suggest that economic growth is a long-term solution for environmental deterioration in high and upper-middle-income countries, while education's direct effects worsen environmental degradation across all income groups. However, education's moderating role can alleviate the adverse effects of energy consumption on environmental degradation in high and upper-middle-income groups. It is crucial to provide education that promotes better environmental quality.
ENVIRONMENTAL SCIENCES EUROPE
(2022)
Article
Environmental Sciences
Muhammad Tariq Majeed, Zhiyuan Yu, Adnan Maqbool, Mesfin Genie, Sana Ullah, Waheed Ahmad
Summary: The study found that economic freedom significantly reduces air pollution in the long-run, while inflation instability increases emissions. However, the impact of economic freedom on economic growth is minimal.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Economics
Alex O. Acheampong, Elliot Boateng, Mary Amponsah, Janet Dzator
Summary: The study suggests that energy consumption and economic growth are interdependent, economic and political globalization may hinder economic growth, while social globalization can enhance it. Additionally, globalization interacts with energy consumption to impact economic growth.
Article
Environmental Studies
Anyu Chen, Yueran Li, Kunhui Ye, Tianyi Nie, Rui Liu
Summary: The study found that transport infrastructure inequality is not always conducive to economic growth. Softening inequality can help address the issue of uneven economic growth across regions.
Article
Environmental Studies
Li Liu, Deng Yu
Summary: Recently, the volatility in natural resource prices has gained international attention, leading to research on the impact of economic growth on the volatility of natural resource rents in the RCEP countries. This study focuses on eight countries in the region and finds a positive and statistically significant relationship between economic growth and natural resource rents in Cambodia, China, Japan, Singapore, and Thailand. However, this relationship is not significant in Brunei, Laos, and Vietnam. The study provides implications for policymakers to modify natural resource rent policies and to learn from countries with insignificant impacts on economic growth.
Article
Business, Finance
Tanveer Ahsan, Bakr Al-Gamrh, Sultan Sikandar Mirza
Summary: This study examines the impact of firm business strategy on sustainable financial growth during economic policy uncertainty. The findings indicate that economic policy uncertainty negatively affects sustainable financial growth of Chinese firms. However, the defensive business strategy helps mitigate the negative impact, while the analytical business strategy alleviates the negative impact. These results provide guidance for corporations in dealing with policy uncertainties effectively.
FINANCE RESEARCH LETTERS
(2022)
Article
Mathematics
Hosein Mohammadi, Samira Shayanmehr, Juan D. Borrero
Summary: This study evaluates the impact of various aspects of freedom and an aggregated freedom index on economic growth in European countries, using spatial panel econometric techniques. The findings suggest that civil liberties, economic and press freedom, and aggregated freedom contribute to economic growth, while political rights do not have a significant effect. Additionally, variables such as FDI, financial development, human capital, and capital stock are positively and significantly associated with economic growth. This research is expected to provide policymakers with insights on implementing effective policies for sustainable economic development in European countries.
Article
Environmental Sciences
Qiang Wang, Zequn Dong, Rongrong Li
Summary: Renewable energy consumption has a significant impact on economic growth, but it requires surpassing certain thresholds in trade openness, financial development, and per capita income to achieve positive effects.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Economics
Xu He, Shiquan Sun, Lin Woon Leong, Phan The Cong, Ayman Abu-Rumman, Khaled Halteh
Summary: In recent years, Asian countries have made significant investments in renewable energy technologies to meet energy demand and reduce carbon emissions. This study examines the relationship between clean energy, technological innovation, and economic growth in Asian countries. Analyzing panel data for 38 Asian countries from 1990 to 2021, the study finds a positive and significant correlation between clean energy consumption, technological innovation, and economic growth. The study also highlights the positive impact of financial development on economic growth, while population size and CO2 emissions have negative impacts. It emphasizes the importance of promoting clean energy and technological innovation for achieving sustainable economic growth in Asia while reducing carbon emissions and improving the environment for future generations.
ECONOMIC ANALYSIS AND POLICY
(2023)
Article
Green & Sustainable Science & Technology
Lukasz Goczek, Ewa Witkowska, Bartosz Witkowski
Summary: The study extended and modified Hanushek and Woessmann's approach using PISA test results to explain GDP changes over the last 50 years. Panel data and statistical methods were used to analyze the relationship, confirming the significance of early education quality as a significant growth factor for GDP.
Article
Economics
Canh Phuc Nguyen
Summary: Economic complexity plays an important role in the shadow economy. It can reduce the relative size of the shadow economy while increasing its absolute size. However, in the long run, economic complexity has a negative influence on both the relative and absolute size of the shadow economy.
ECONOMIC ANALYSIS AND POLICY
(2022)
Article
Economics
Yildiz Ozkok, Ibrahim Cutcu
Summary: The study discusses the positive impact of fiscal federalism on macroeconomic performance and the long-term relationship between them. Through cointegration and causal analysis, it concludes that there is a long-term relationship and time-varying causality relationship between them.
Article
Business, Finance
Ha Minh Nguyen, Quan Thai-Thuong Le, Chi Minh Ho, Thang Cong Nguyen, Duc Hong Vo
Summary: This study investigates the impact of financial development on economic growth in emerging markets using advanced statistical methods and comprehensive data. The findings suggest that financial development has a positive and linear effect on economic growth.
BORSA ISTANBUL REVIEW
(2022)
Article
Engineering, Environmental
Ilhan Ozturk, Sana Ullah
Summary: This study examines the impact of digital financial inclusion on economic growth and environmental sustainability. The findings suggest that digital financial inclusion can enhance economic growth but also leads to increased CO2 emissions and decreased environmental quality. Therefore, policymakers in the OBRI region should formulate policies to improve digital financial inclusion in order to achieve both economic performance and environmental sustainability.
RESOURCES CONSERVATION AND RECYCLING
(2022)
Article
Economics
Daniel J. Henderson, Subal C. Kumbhakar, Qi Li, Christopher F. Parmeter
JOURNAL OF ECONOMETRICS
(2015)
Article
Economics
Taining Wang, Daniel J. Henderson
Summary: We propose a semiparametric varying coefficient estimator for a Cobb-Douglas production function for panel data with several practical features. The estimator accounts for the impact of traditional inputs and environment variables and allows for latent heterogeneity across individual units.
Article
Economics
Teresa D. Harrison, Daniel J. Henderson, Deniz Ozabaci, Christopher A. Laincz
Summary: This study attempts to reconcile two puzzles in the non-profit literature: (i) the finding that non-profits often underspend on fundraising and (ii) the varying estimates of the crowd-out effect of government grants on private donations, suggesting both crowd-out and crowd-in. Using a semi-parametric instrumental variables strategy, the study finds heterogeneous effects across different non-profits, fundraising efforts, and government grant intensity. Smaller non-profits appear to drive the presence of crowd-out, and the estimates for the marginal productivity of fundraising align with leading theories of non-profit optimizing behavior.
OXFORD BULLETIN OF ECONOMICS AND STATISTICS
(2023)
Article
Computer Science, Interdisciplinary Applications
Daniel J. Henderson, Alecos Papadopoulos, Christopher F. Parmeter
Summary: Applied researchers often assume that the reference density is Normal and propose optimal bandwidth rules based on this assumption. However, we introduce four new optimal bandwidth rules-of-thumb based on other infinitely supported distributions. We also propose a psuedo rule-of-thumb bandwidth that is linked to the empirical skewness and kurtosis of the data. These new bandwidths require minimal intellectual investment and their behavior is compared to the Normal reference ROT. We also propose model selection criteria for bandwidth choice when the true underlying density is unknown, and evaluate the performance of these new ROT bandwidths in simulations and empirical illustrations.
JOURNAL OF STATISTICAL COMPUTATION AND SIMULATION
(2023)
Article
Business, Finance
Shaoxin Hong, Daniel J. Henderson, Jiancheng Jiang, Qingshan Ni
Summary: This article examines the discrepancy in the limiting distributions of least-squares estimators for stationary and integrated variables and proposes a unified inference procedure based on weighted estimation for statistical inference. The asymptotic distributions of the proposed estimators are developed and a random weighting bootstrap method is suggested for constructing confidence regions. The proposed method outperforms existing methods in simulations and further explores the predictability of asset returns in a setting with endogenous state variables.
JOURNAL OF FINANCIAL ECONOMETRICS
(2023)
Article
Economics
Krishna Regmi, Daniel J. Henderson
ECONOMICS OF EDUCATION REVIEW
(2019)
Article
Computer Science, Interdisciplinary Applications
Chi-Yang Chu, Daniel J. Henderson, Christopher F. Parmeter
COMPUTATIONAL STATISTICS & DATA ANALYSIS
(2017)
Article
Statistics & Probability
Joshua C. C. Chan, Daniel J. Henderson, Christopher F. Parmeter, Justin L. Tobias
WILEY INTERDISCIPLINARY REVIEWS-COMPUTATIONAL STATISTICS
(2017)
Article
Industrial Relations & Labor
Daniel J. Henderson, Andrew Houtenville, Le Wang
JOURNAL OF LABOR RESEARCH
(2017)
Article
Economics
Chi-Yang Chu, Daniel J. Henderson, Le Wang
JOURNAL OF APPLIED ECONOMETRICS
(2017)
Article
Economics
Daniel J. Henderson, Leopold Simar, Le Wang
Article
Economics
Daniel J. Henderson, Junhui Qian, Le Wang
Article
Economics
Deniz Ozabaci, Daniel J. Henderson
EMPIRICAL ECONOMICS
(2015)
Review
Industrial Relations & Labor
Daniel J. Henderson, Anne-Charlotte Souto
JOURNAL OF LABOR RESEARCH
(2018)
Article
Economics
Daniel J. Henderson, Alice Sheehan