scholarly journals The Effects of Reverse Knowledge Spillover on China’s Sustainable Development: Sustainable Development Indicators Based on Institutional Quality

2021 ◽  
Vol 13 (4) ◽  
pp. 1628
Author(s):  
Xiaoxu Dong ◽  
Cheon Yu ◽  
Yun Seop Hwang

This study investigates how reverse knowledge spillover (RKS) generated through outward foreign direct investment (OFDI) promotes sustainable development in an investment home country. Economic, social, and environmental dimensions are the pillars of sustainable development and their indicators are developed upon the concept of institutional quality. To this end, we use a balanced panel of 30 Chinese Mainland provinces from 2003 to 2016 and employ a simultaneous equation model to analyze the data in order to observe the direct and indirect effects of OFDI-induced RKS on sustainable development. The current study adopts several indicators to capture the economic, social, and environmental aspects of sustainable development. Additionally, we classify RKS into two types, given the investment destinations in terms of developed economies and emerging economies. On the one hand, our findings confirm that OFDI-induced RKS from developed economies facilitates domestic innovation but negatively affects progress on social and environmental development. On the other hand, OFDI-induced RKS from emerging economies is not conducive to domestic innovation, but it directly fosters sustainable development.

Author(s):  
Pham Viet Hai ◽  
Nguyen Dinh Hoang Long ◽  
Nguyen Thi Diem Thuy ◽  
Le Hoang Anh ◽  
Dao Nguyen Khoi

The objective of this study was to develop a set of sustainable development indicators on environmental aspects and apply them to assess the level of environmental sustainability in Phu Quy district, Binh Thuan province. The set of sustainable development indicators was built based on the screening of indicators from some previous studies, as well as developing new indicators to match the research area. The indicators were then be grouped into topics based on the United Nations' 17 sustainable development goals to 2030. In terms of environment, the set of sustainable development indicators includeed 6 topics (main components), 19 indicators (sub-components), of which 6 new indicators were researched and developed for the island and sea area. The result showed that the level of environmental sustainability of the Phu Quy district was good (0.846). In addition, the results showed that the local environmental aspects attained levels of sustainability. Accordingly, main components including clean water - sanitation (MT1), habitat (MT3), natural disaster prevention (MT4) and ocean conservation - sustainable use (MT5) reached the good level of sustainability and tend to keep stable. While sustainable energy (MT2) and forest protection and development (MT6) are quite sustainable. However, the MT6 component tended to decrease that indicated the forest degradation and the impacts on environmental sustainability in Phu Quy district in the future.


2022 ◽  
Author(s):  
Universitätsbibliothek Braunschweig

The advent of the fourth industrial revolution, Industry 4.0, brings about both opportunities and challenges that are likely to set developed economies even farther apart from emerging economies. This book, through the perspective of researchers in the emerging markets, presents analyses on a number of issues important to entrepreneurial finance, such as debt financing, mergers and acquisitions, stock market efficiency, resource allocation and consumption, and sustainable development.


2020 ◽  
Vol 15 (2) ◽  
pp. 94-104
Author(s):  
Mykhailo Kuzheliev ◽  
Dmytro Zherlitsyn ◽  
Ihor Rekunenko ◽  
Alina Nechyporenko ◽  
Guram Nemsadze

The correlation between macroeconomic dynamics and the inflation rate is the subject of many economic studies. The principles of monetary policy are developed in classical economics studies, which are based on the theories of Keynes, Phillips, Campbell, etc. However, classic approaches require practical validation, especially with regard to modern economic trends in times of crisis and emerging economies. Therefore, the purpose of the paper is to investigate and summarize the impact of inflation targeting and other key monetary policy instruments on fundamental economic indicators in Ukraine during periods of stability and crises. An empirical analysis is based on official statistics from Ukraine for 2011–2019. This study uses econometric methods (multivariate regression and simultaneous equation model), which are applied for the general and transmission impact of inflation on the estimation of economic growth. The results prove that inflation does not affect (less than 0.46 linear correlation) fundamental economic indicators during periods of real GDP growth and a quarterly CPI level of less than 2%. On the other hand, there are significant simultaneous regressions (more than 0.8 coefficients of determination) between unemployed, spending on real final consumption, hryvnia exchange rate and monetary policy instruments (discount rate, international reserves, amount of government bonds, M3 monetary aggregate) for periods when the quarterly CPI (consumer price index) is more than 2%. Therefore, the traditional monetary policy implications are discussed for emerging economies.


2019 ◽  
Vol 4 (2) ◽  
pp. 251-278
Author(s):  
Eka Fitriyanti

This study aims to analyze the zakat and economic development of Bangka Belitung towards Sustainable Development Goals (SDGs) 2030. This program is agreed by various countries in the United Nations (UN) forum. There are 17 targets to be achieved in this program, which is the first target and the eighth target of alleviating poverty in all its forms in all places; And promote the sustainability of sustainable and inclusive economic growth, full and productive employment opportunities, and decent work for all. Both targets can make every region encouraged to think about the right policies to achieve the target of Sustainable Development Goals (SDGs) 2030. The research method uses simultaneous equation model with Ordinary Least Square (OLS) because the variables studied are related to each other. The variables studied are zakat and economic development which is represented by income per capita, poverty, and unemployment. The results of this study indicate that the variable of zakat has a significant positive effect on the economic development variables, namely income per capita and unemployment in Bangka Belitung while the poverty variable has a negative effect.


2021 ◽  
Author(s):  
Salah Eddine Sari Hassoun ◽  
Abderrahim Chibi ◽  
Sidi Mohamed Chekouri ◽  
Mohammed Terbeche

Abstract In this paper, we analyse the impact of the institutional quality on the sustainable development in 10 Arab countries during the period 1995-2019. Despite the significant improvement that have known some countries in recent years in terms of development indicators, the Arab authorities still require more efforts to improve their governance and to enhance the developmental impact of oil revenues. However, the deterioration of the institutional environment indicators remains the biggest obstacle to achieve the development goals, and limits the effectiveness of economic reforms. Therefore, we found from the empirical study that there is a positive significant effect on sustainable development (expressed by adjusted net saving) for capital per capita, oil rents, per capita and trade openness, while there is a negative significant effect for gross national income, and total natural resources rents. However, the institutional indexes have a positive and insignificant impact, indicating that there is an evidence of a weak political structure and weak political awareness of Arab societies.


2022 ◽  
Vol 14 (2) ◽  
pp. 658
Author(s):  
Bahram Adrangi ◽  
Lauren Kerr

This paper aims to analyze the metrics the United Nations has set and called the Sustainable Development Goals (SDGs) and their association with the gross domestic product (GDP) in emerging economies. SDGs have been identified to measure healthy development, whereas GDP has historically been used to measure economic health and has been prioritized above many other indicators. This research deploys the feasible generalized least squares (FGLS) and the seemingly unrelated regressions (SUR) on panel data consisting of the five BRIC countries spanning 2000 through 2017 to estimate a regression model that shows the association of SDGs with GDP. The paper concludes that targeting GDP may not lead to achieving overall SDGs.


2022 ◽  
Author(s):  
Bui Quang Khiem

The advent of the fourth industrial revolution, Industry 4.0, brings about both opportunities and challenges that are likely to set developed economies even farther apart from emerging economies. This book, through the perspective of researchers in the emerging markets, presents analyses on a number of issues important to entrepreneurial finance, such as debt financing, mergers and acquisitions, stock market efficiency, resource allocation and consumption, and sustainable development.


2015 ◽  
pp. 147-160 ◽  
Author(s):  
S. Bobylev ◽  
N. Zubarevich ◽  
S. Solovyeva

The article emphasizes the fact that traditional socio-economic indicators do not reflect the challenges of sustainable development adequately, and this is particularly true for the widely-used GDP indicator. In this connection the elaboration of sustainable development indicators is needed, taking into account economic, social and environmental factors. For Russia, adaptation and use of concepts and basic principles of calculation methods for adjusted net savings index (World Bank) and human development index (UNDP) as integral indicators can be promising. The authors have developed the sustainable development index for Russia, which aggregates and allows taking into account balanced economic, social and environmental indicators.


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