scholarly journals The Empirical Analysis of the Interaction between Fiscal Expenditure and Economic Growth in India

2014 ◽  
Vol 20 (2) ◽  
pp. 131-162
Author(s):  
Lee,SoonCheul
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Fiscal Expenditure ◽  
The Empirical Analysis

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 Economic Growth, Policies and Influencing Factors: The Case of Albania

2016 ◽  
Vol 4 (1) ◽  
pp. 107
Author(s):  
Eleni Vangjeli ◽  
Anila Mancka
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Fiscal Policy ◽  
Interest Rates ◽  
Empirical Analysis ◽  
Influencing Factors ◽  
Fiscal Policies ◽  
The Government ◽  
High Level ◽  
The Empirical Analysis

Monetary and fiscal policies are two policies that the government could use to keep a high level of growth, with a low inflancion. Fiscal policy has its initial impact on the stock market, while monetary policy in market assets. But, given that the goods and active markets are closely interrelated, both policies, monetary as well as fiscal have impact on the economy, increasing the level of product through the reduction of interest rates. In our paper we will show how functioning monetary and fiscal policies. But also in our paper we will analyze the different factors which have affected the economic growth of the country. The focus of our study is the graphical and empirical analysis of economic growth, policies and influencing factors. For the empirical analysis we have used data on the economic growth in Albania for 1996– 2014.

Military Expenditures and Economic Growth

2020 ◽  
Author(s):  
J. Paul Dunne ◽  
Nan Tian
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Historical Context ◽  
Military Spending ◽  
Theoretical Perspectives ◽  
Negative Effect ◽  
The Cold War ◽  
The Military ◽  
The Relationship ◽  
The Empirical Analysis

The literature on military spending and growth has become extremely large and diverse and has reached no clear consensus. This lack of consensus should not be unexpected, because there are a number of issues that make the empirical analysis of the relationship difficult to undertake and make it difficult to identify the particular impact of military spending on growth. Some of these issues have had relatively little attention in the literature. The historical context can affect the military spending and growth relation, so there is no reason not to expect different results for different periods. There are various theoretical perspectives that can be used in any analysis and numerous channels through which military spending can affect growth, which means that studies can differ in how they specify the models. In estimating models, a range of econometric techniques have been used, which can affect the results. There also remain issues of identification that present problems for empirical analysis. The observed correlation between output and military expenditure is likely to be negative if the system is driven by strategic shocks and positive if it is driven by economic shocks. Improved military spending data and the existence of some shocks, such as the end of the Cold War, is helping in dealing with identification, but it still remains a concern. Overall, more recent studies show that, in general, it is much more likely that military spending has a negative effect on economic growth than was evident in the past. The issues involved in undertaking any empirical analysis on military spending and growth mean that the debate is likely to continue.

Chinese Environmental Regulation and Energy Consumption: 1998~2012

2014 ◽  
Vol 962-965 ◽  
pp. 1685-1689
Author(s):  
Jia Sheng Zhang ◽  
Meng Ni Yao
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Environmental Regulation ◽  
Empirical Analysis ◽  
Annual Data ◽  
Research Results ◽  
Sample Interval ◽  
The Empirical Analysis ◽  
Main Factor

Environmental regulation’s intensity usually affected the energy consumption. Based on the annual data from 1998 to 2012 as the sample interval, this paper carries out the empirical analysis about the effect of economic growth and Chinese environmental regulation’s intensity on the energy consumption, the research results show that the economic growth is the main factor in promoting the growth of energy consumption, and environmental regulation does not obviously inhibit the growth of energy consumption. So in order to improve the environment, China should moderately strengthen environmental regulation.

scholarly journals Foreign Aid—Blessing or Curse: Evidence from Pakistan

2007 ◽  
Vol 46 (3) ◽  
pp. 215-240 ◽  
Author(s):  
Muhammad Arshad Khan ◽  
Ayaz Ahmed
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Foreign Aid ◽  
Empirical Analysis ◽  
Direct Investment ◽  
Domestic Investment ◽  
Socio Economic Development ◽  
The Empirical Analysis

The role of foreign aid in promoting economic growth is a debatable issue and remains unsettled at both theoretical and empirical levels. Pakistan has received a substantial amount of foreign aid since its Independence in 1947 but little improvement has been observed in its socio-economic development. This study considers the question as to whether foreign aid is a blessing or a curse for Pakistan. The empirical analysis is based on the ARDL cointegration approach. We examine the aid-growth link at the aggregate and disaggregate levels for the period 1972-2006. The results show negative and insignificant effects of foreign aid on the growth at the aggregate as well at the disaggregate level. The findings further suggest that domestic investment, export growth, and inflows of foreign direct investment are important contributors in enhancing economic growth in Pakistan.

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