scholarly journals Policy Implication of Economic-Environmental Linkage in Korea

2003 ◽  
Vol 18 (1) ◽  
pp. 55-67
Author(s):  
Yong Sung Park
Keyword(s):  
Economic Growth ◽  
Industrial Structure ◽  
Scale Effects ◽  
Economic Activities ◽  
Environmental Implications ◽  
Environmental Consequences ◽  
Korean Economy ◽  
State Of The Environment ◽  
The Relationship ◽  
Positive Pattern

While the rapid growth of the Korean economy has been extensively researched, relatively little attention has been paid the environmental consequences. The first part of the papaer reviewed the evidence on the relationship between economic growth and the state of the environment within the context of the interdependence between the three economic spheres. The latter part of paper identified the environmental implications of economic growth for Korea. Based on the environmental Kuznet's Curve(EKC) test, Korean economy during the past decades appears to be broadly consistent with a positive pattern of interaction between economic growth, industrialization and the environment. Even if economic growth in Korea contributes to slightly positive structural and technological effects that offset the negative scale effects of local air pollutants, economic growth does not address the cumulative effects of pollution. In this context, Korea needs a policy for structural and technological changes that "dematerialization" and "depollute" economic activities. Such a policy will induce profound changes in the energy intensity industrial structure.

scholarly journals Hubungan antara Kelestarian Ekonomi dan Lingkungan: Suatu Kajian Literatur

2013 ◽  
Vol 4 (2) ◽  
pp. 841-850 ◽  
Author(s):  
Heri Sukendar W
Keyword(s):  
Economic Growth ◽  
Environmental Sustainability ◽  
Economic Activity ◽  
Economic Valuation ◽  
Empirical Literature ◽  
Economic Instruments ◽  
Economic Activities ◽  
Positive Research ◽  
Assessment Techniques ◽  
The Relationship

Pollution of the environment faced is generally caused by economic activity. Traditional economic theory placed trade-off between economic growth and environmental quality. However, since the early 1990s the empirical literature and theoretical literature have been growing rapidly. Research has shown that the relationship between economic growth and the environment can be positive. Research has shown the effect of income on environmental sustainability, control of population density. However, environmental pollution can be controlled to obtain optimal pollution which gives the maximum net benefits of economic activity. Identification of contaminants is required when optimal pollution can be determined. Economic instruments can be used to sue the polluters to control their economic activities. Selection of economic instruments that will be applied will work fine if the value of environmental contamination is known. In fact, pollution is not valuable, and therefore, the economic valuation of pollution is required. Several assessment techniques have been introduced, based on the type of pollution. The results also show that the conventional wisdom focuses more on the pollution control, in which they must be combined with the development of policy options that focus on ecoefficiency aspects of environmental sustainability and innovation in the process of economic development. If not, the economic growth will continue to degrade the environment in most countries.

scholarly journals The Impact of the Interaction of Financial and Industrial Structure on Economic Growth – Evidence from China

2021 ◽  
Vol 251 ◽  
pp. 01101
Author(s):  
Yiqian Tan ◽  
Fan Jiang
Keyword(s):  
Economic Growth ◽  
Industrial Structure ◽  
Financial Structure ◽  
Growth Speed ◽  
Matching Effect ◽  
Industrial Upgrading ◽  
Slowing Down ◽  
Using Data ◽  
The Impact ◽  
The Relationship

In recent years, China’s economic growth speed has been slowing down, leading to the problems of overcapacity and unbalanced regional economic development, and the mismatch between industrial and financial structure is becoming intense. This paper, starting with the relationship among economic growth, industrial structure and financial structure, summarizes the research by the former scholars. On this basis, by using data of 31 provincial panel data in China from 2007 to 2016, the article aims to find out the relationship between the industrial structure and economic growth, the relationship between the financial structure and economic growth and the relationship between the interaction of financial and industrial structure and economic growth. Finally, the conclusions of this paper are obtained that the interaction between the financial structure and the industrial structure can promote the economic growth significantly. However, the matching effect of the financial structure and industrial structure in China has not been completely formed, and the industrial upgrading should be guided to be structurally reformed through the policy.

scholarly journals An Assessment on Relationship of Agricultural Sub-Sectors with GDP in Nigeria

2019 ◽  
Vol 8 (10) ◽  
pp. 1921-1925
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Crude Oil ◽  
Crop Production ◽  
Agricultural Sector ◽  
Economic Activities ◽  
Public Officials ◽  
Maximum Value ◽  
Relationship Of ◽  
The Relationship

This study is majorly concentrated on the various agricultural subsectors in Nigeria, how the subsectors has influenced the economic growth of Nigeria using econometric procedure to estimate the parameters of the model, and also the various shortcomings encountered by the agricultural subsectors in Nigeria and possible solutions. It also emphasize on the sector that has been abandoned, whereas, the growing recognition is directed toward the major resources (crude oil) which generated diminishing returns in agriculture contributions in regards to the economic growth in Nigeria. Moreover, the paper emphasized on the relationship of agricultural sub-sectors with Gross Domestic Product (GDP) which the sub-sectors entails crop production, fishery, livestock and forestry. The Intention of this research presents the conclusion that the agricultural part is a concrete sector of the economy and cannot be underrated or trivialized seeing that agricultural sector output is important to economic activities in Nigeria. Therefore, the general growth of the country’s economy depends on the progress of agriculture. If there’s availability of credit facility to the agricultural sector, it will enhance the boosting of the country’s GDP and thereby causing growth in the economy. An additional objective of this paper attempts to carry maximum value for public officials and legislators

scholarly journals A Study Examining the Effects of Oil Export in Iran

2011 ◽  
Vol 2 (2) ◽  
pp. 58-65
Author(s):  
Safdari Mehdi
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Economic Prosperity ◽  
Economic Activities ◽  
Correction Model ◽  
Oil Exports ◽  
Oil Export ◽  
The Government ◽  
And Behavior ◽  
The Relationship

The effect of increasing oil incomes on oil exporter countries is the main issues of political economy. Generally and especially about Iran can be recognized this effect in the government spending method, economic structure and behavior of government within the country. Since oil incomes aren’t result of the performance of economic activities, consequently increasing does not show the real economic prosperity. The purpose of this study is to determine the relationship between oil exports and economic growth in Iran. The data were collected from 1961-2006 and were analyzed using Cointegration, Error Correction Model, and VEC Granger causality/Wald Exogeniety model. The result of the analyses showed that there was significant relationship between oil incomes and economic growth. It showed that increasing in oil price rate lead to increasing in the government costs consequently it affect on the exchange rate and lead to increasing in real exchange rate. Therefore oil incomes are regarded as an important factor in Iran's economic growth.

scholarly journals Measurement and Analysis of Total Local Production Effect on Investment Spending in Iraq from 1990-2018

2021 ◽  
Vol 3 (2) ◽  
pp. 68-74
Author(s):  
Hussam Aldeen Taha ◽  
Hasan Zidan Khalaf
Keyword(s):  
Economic Growth ◽  
Extended Period ◽  
Local Production ◽  
Economic Activities ◽  
Equilibrium Relationship ◽  
Measurement And Analysis ◽  
Marginal Propensity ◽  
Investment Spending ◽  
The Relationship

Investment is one of the important economic activities that occupies fundamental place in the priorities of economic studies because the size of investment determines the volume of production and income and then the rate of economic growth and contributes to pushing the wheel of economic growth, so this research tries to measure the function of investment spending in the Iraqi economy during the extended period From 1990-2018, using the ARDL model, the results of this study showed that there is a long-term equilibrium relationship between income and investment spending and that investment spending depends largely on income, meaning that the relationship between investment spending and income is positive, and the marginal propensity to invest is 0.13.

scholarly journals A review on impact of inflation on economic growth in Nepal

2020 ◽  
Vol 5 (4) ◽  
pp. 576-582
Author(s):  
Seema Karki ◽  
Sushma Banjara ◽  
Amrit Dumre
Keyword(s):  
Economic Growth ◽  
Inflation Rate ◽  
Threshold Value ◽  
Threshold Level ◽  
Target Range ◽  
Economic Activities ◽  
Economic Growth Rate ◽  
High Inflation ◽  
Negative Effect ◽  
The Relationship

This study shows that there is no consensus on the relationship between inflation and economic growth in economic literature. The answer to whether inflation is generally conducive or detrimental to economic growth is still inconclusive. Various arguments have been put forward on both sides. It is generally believed that a low and stable inflation rate helps economic activities, while high inflation hurts growth. The study finds overwhelming support in favor of the specific threshold level of inflation that is appropriate for growth in Nepal. Several studies on this subject have found the threshold value of inflation to be around 6 per cent for Nepal. Inflation is harmful to the economy after certain rate of threshold. Therefore, it is necessary to control inflation in order to address poverty as well as economic growth. Policies need to be put in place to keep inflation target range around the optimum inflation rate to accelerate the pace of economic growth rate and ensure that the negative effect inflation has on economic growth is minimized.

scholarly journals Tourism and Economic Growth in G10 Countries

Tourism ◽  
2021 ◽  
Vol 69 (1) ◽  
pp. 112-126
Author(s):  
Uğur Korkut Pata
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Annual Data ◽  
Negative Events ◽  
Economic Activities ◽  
Causality Test ◽  
Panel Causality ◽  
Tourism Sector ◽  
Causality Relationship ◽  
The Relationship

This study proposes an asymmetric panel causality test to analyze the relationship between tourist arrivals and economic growth. To this end, annual data over the period 1995–2017 are examined for the G10 countries. The findings demonstrate that the relationship between tourism and economic growth varies according to positive and negative shocks. In terms of positive shocks, tourism development causes economic growth. The study also finds a bidirectional causality relationship between the negative shocks of the variables. Therefore, positive developments in tourism contribute to economic growth, while negative events in tourism impede growth. In sum, tourism is strongly linked to economic activities in G10 countries, and thus policymakers should attach importance to the tourism sector in order to support sustainable development.

scholarly journals Spurring Economic Growth in Terms of Happiness, Human Development, Competitiveness and Global Innovation: the ASEAN Case

2021 ◽  
Vol 38 (1) ◽  
Author(s):  
Dio Caisar Darma Darma
Keyword(s):  
Economic Growth ◽  
Human Development ◽  
Cross Sections ◽  
Linear Regression Method ◽  
Economic Activities ◽  
Asean Member ◽  
Global Innovation ◽  
Sustainable Economic Growth ◽  
The Relationship

Happiness, human development, level of competitiveness, and capacity in innovation all play an important role in spurring long-term sustainable economic growth. This study presents the relationship between these factors—happiness, human development, competitiveness, and innovation in the ASEAN region—in how they influence economic growth. To date, there has been a lack of research on this specific issue, and thus it is an interesting and little-known one to study. Panel data were used comprising a combination of time series and cross-sections. The object of the study was ASEAN member countries using the multiple linear regression method. For the years of 2013–2019, we found that overall economic growth had a real impact. The results showed that human development and global innovation are two-way related to economic growth (positive and significant). Conversely, there was an insignificant influence of happiness and competitiveness on economic growth. Competitiveness, in particular, can reduce the level of economic growth. The policy considerations pursued by countries in ASEAN are through the respective governments’ strategic steps to improve the productivity of their populations, because human resources are needed not only as objects but actors in economic activities themselves in managing development.

Study on the Measurement of Industrial Structure “Sophistication, Rationalization and Ecologicalization” Based on the Dynamic Analysis of Grey Relations — A Case Study of Beijing-Tianjin-Hebei

2020 ◽  
Vol 8 (2) ◽  
pp. 130-147
Author(s):  
Shiyi Yuan ◽  
Xiaopeng Sun ◽  
Weiguo Chen ◽  
Yongwu Li
Keyword(s):  
Economic Growth ◽  
Industrial Structure ◽  
Structure Optimization ◽  
Coordinated Development ◽  
Economic Growth Rate ◽  
Dynamic Correlation ◽  
Industrial Structure Optimization ◽  
High Level ◽  
The Relationship

AbstractThe Beijing-Tianjin-Hebei region is one of the regions with the most dynamic economies, highest degrees of openness, strongest innovation capacities and largest populations, as well as an important engine driving China’s economic development. Currently, the development of the Beijing-Tianjin-Hebei region faces many difficulties, including an inefficient distribution of regional functions, imbalance in industrial structure, low sophistication, and serious overburdening of resources and the environment. Promoting the overall coordinated development of the region has become an urgent challenge. In this paper, according to the conventions of industrial structure optimization, the three core indicators of regional industrial structure rationalization, sophistication and ecologicalization are constructed. With the help of the grey dynamic correlation model, the three indicators are coupled with the economic growth rate, and the industrial structure optimization index of the Beijing-Tianjin-Hebei region is comprehensively measured. The study shows that rationalization of the industrial structure in the Beijing-Tianjin-Hebei region is increasing but that this trend is not obvious; sophistication of the industrial structure is relatively high and has also been operating at a high level; however, the overall ecological level of the industrial structure in the Beijing-Tianjin-Hebei region is not high and presents the characteristics of high in the middle and low at both ends. In terms of the relationship between industrial structure and economic growth in the Beijing-Tianjin-Hebei region, ecologicalization of the industrial structure has the greatest influence on economic growth, followed by sophistication of the industrial structure, and rationalization of the industrial structure has the weakest influence.

Sign in / Sign up

Export Citation Format

Share Document