Natural Resource, Value Added and Economic Growth: The Case of Nigeriaas Vision 20:2020

2015 ◽  
Author(s):  
Adekola Owolabi
Keyword(s):  
Economic Growth ◽  
Natural Resource ◽  
Value Added ◽  
Resource Value

scholarly journals Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries

2021 ◽  
Vol 13 (22) ◽  
pp. 12475
Author(s):  
Tzai-Chiao Lee ◽  
Muhammad Khalid Anser ◽  
Abdelmohsen A. Nassani ◽  
Mohamed Haffar ◽  
Khalid Zaman ◽  
...  
Keyword(s):  
Economic Growth ◽  
Population Growth ◽  
Natural Resources ◽  
Natural Resource ◽  
Value Added ◽  
Resource Depletion ◽  
Cross Sectional Study ◽  
Cross Sectional ◽  
Ecological Footprints ◽  
Resource Degradation

Management of natural resources is pivotal for sustained economic growth—the increasing ecological footprints causing biocapacity deficit threaten the resource conversation agenda. The study identified the potential causes and consequences of natural resource depletion in a broad cross-section of 138 countries. Ecological footprints, international migrant stocks, industrial value-added, and population growth influenced natural resource capital across countries. The results show that ecological footprints, industrial value-added, and population growth are the detrimental factors of resource capital. In contrast, continued economic growth is helpful to conserve natural resources for future generations. The rise and fall in the natural resource degradation are evident in the wake of international migrants’ stocks to support an inverted U-shaped relationship between them. The Granger causality inferences confirmed the one-way linkages, running from international migrant stocks, economic growth, and population growth to natural resource degradation. It verifies migrants-led, affluence-led, and population-led resource degradation. Ecological footprints Granger causes industrial value-added across countries. The forecasting estimates suggested that economic growth would likely to influenced greater in magnitude to resource degradation by its innovation shocks of 4.791%, followed by international migrant stocks, population growth, ecological footprints, and industrial value added by their innovation shocks of 4.709%, 1.829%, 1.247%, and 0.700%, respectively. The study concludes that international migrant stocks should manage smartly, causing more resource degradation via a channel of increasing biocapacity deficit across countries.

Research on Driving Force of Circular Economy Endogenous Evolution from Price Mechanism Angle

2010 ◽  
Vol 113-116 ◽  
pp. 181-184 ◽  
Author(s):  
Guo Gang Jiang ◽  
Jing Chen
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Natural Resource ◽  
Circular Economy ◽  
Driving Force ◽  
Price Mechanism ◽  
Resource Value ◽  
The Sustainable Development ◽  
Motive Mechanism

Circular economy has important meaning to economic growth changing and sustainable realizing. This article bring forward that the evolution motive mechanism of circular economy came from natural forces and economy forces, and the main evolution barrier is incomplete price mechanism of natural resource. This article bring forward that government should establish complete price mechanism of natural resource by rules so that can realize the sustainable development, and bring forward that we should calculate natural resource value by emergy analyzing method and analyzed the running trend of macro economy after natural resource re-pricing.

Collection of Value Added Tax in Kosovo and Its Effect on Economic Growth

2017 ◽  
Vol 8 (1) ◽  
pp. 225
Author(s):  
Teki Shala
Keyword(s):  
Economic Growth ◽  
Descriptive Analysis ◽  
Value Added ◽  
Analytical Techniques ◽  
Value Added Tax ◽  
Statistical Tool ◽  
Revenue Collection ◽  
Strong Positive Relationship ◽  
Level Of Economic Development ◽  
Level Of Significance

The revenue collected from the value added tax constitutes the main income of the Kosovo government. For this reason, this research has a great importance in the formulation of effective policies in Kosovo that will subsequently improve the efficiency of tax collection of Value Added and growing fiscal and budgetary stability. This research it will have a descriptive analysis of the trends of VAT collection in Kosovo from 2005- 2015 years using different analytical techniques to examine trends and data structure over the years. We have used two types of analysis; One is the descriptive analysis of trends and the other is the contrast of the descriptive analysis of trends that is the econometric technique used to analyze the VAT effect on economic growth in Kosovo. The source of data for this study is secondary through the Annual Financial Report of the Ministry of Finance of Kosovo and the IMF. In order to analyze the data generated for the study, the statistical tool utilized is OLS technique (multiple regression). One of the key findings in the collection of VAT has been its dependence on the border. Revenue collection is among the most pressing problems and such situation does not guarantee a country's budgetary stability. Also, based on the findings we noted that the VAT share of the gathering in gross domestic product of the Interior of the country has been low compared to other countries in Europe developing, reflecting a low level of economic development. Also from econometric analysis is confirmed that the regression coefficient shows that we have a VAT impact on GDP in Kosovo, because the level of significance is .000, or includes the rate of 1%. Also, the correlation between VAT and GDP shows a strong positive relationship, or statistically interpreted with the increase of VAT, will increase the GDP of Kosovo, these two elements conclude that VAT has a significant impact on economic growth in Kosovo. Furthermore, this research highlight some key issues that policy makers should consider dealing with the collection and effective use of revenue collected from VAT, to improve growth.

Transfer-based decentralisation, economic growth and spatial inequality: Evidence from China’s 2002–2003 tax sharing reform

Urban Studies ◽  
2019 ◽  
Vol 57 (4) ◽  
pp. 806-826
Author(s):  
Fan Fan ◽  
Ming Li ◽  
Ran Tao ◽  
Dali Yang
Keyword(s):  
Economic Growth ◽  
Local Governments ◽  
Central Government ◽  
Value Added ◽  
Spatial Inequality ◽  
Variable Approach ◽  
Interregional Inequality ◽  
Urban Rural ◽  
Per Capita ◽  
Tax Sharing

China has adopted a transfer-based fiscal decentralisation scheme since the mid-1990s. In the 1994 tax sharing reform, the central government significantly raised its share of government revenue vis-à-vis local governments by taking most of the newly created value-added tax on manufacturing. One aim for the adoption of the transfer-based fiscal scheme was to channel more funds to less developed regions and rural areas, and to alleviate growing interregional inequality and urban–rural income disparity. In 2002 and 2003 the Chinese central government further grabbed 50% and 60%, respectively, of the income taxes previously assigned only to local governments while providing more fiscal transfers to the country’s poor regions and the countryside. Utilising the 2002–2003 change in China’s central–local tax sharing regime as an exogenous policy shock, we employ a Simulated Instrumental Variable approach to causally evaluate the effects of the policy shock on growth, interregional inequality and urban–rural disparity. We find the lower local tax share dis-incentivised local governments and led to lower growth. Although higher central transfers helped to reduce interregional inequalities in per capita GDP and per capita income, the equalising effects were only present for urban incomes. We argue that transfer-based decentralisation without bottom-up accountability was detrimental to economic growth and had limited impact on income redistribution.

McCulloch, Scrope, and Hodgskin: Nineteenth-Century Versions of Julian Simon

2003 ◽  
Vol 25 (3) ◽  
pp. 289-301 ◽  
Author(s):  
William S. Kern
Keyword(s):  
Economic Growth ◽  
Nineteenth Century ◽  
Population Growth ◽  
Natural Resources ◽  
Natural Resource ◽  
Resource Scarcity ◽  
Limits To Growth ◽  
Economic Progress ◽  
Natural Resource Scarcity ◽  
Growing Population

In The Ultimate Resource (1981, 1996), and in many other publications over the last several decades, Julian Simon put forth controversial views regarding the connection between natural resource scarcity, population growth, and economic progress. Simon argued, in contrast to those espousing the limits to growth, that natural resources were not getting scarcer, but more abundant, and that a large and growing population was an asset rather than a liability in the pursuit of economic growth.

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