http://chineseinput.net/에서 pinyin(병음)방식으로 중국어를 변환할 수 있습니다.
변환된 중국어를 복사하여 사용하시면 됩니다.
ECONOMIC LIBERALIZATION AND THE ENVIRONMENTAL KUZNETS CURVE: SOME EMPIRICAL EVIDENCE
YAGHOOB JAFARI,MARYAM FARHADI,ANDREA ZIMMERMANN,MASOUD YAHOO 중앙대학교 경제연구소 2017 Journal of Economic Development Vol.42 No.1
This paper applies the Environmental Kuznets Curve (EKC) model to examine the impact of trade openness, foreign direct investment liberalization, the decreasing role of the state, energy consumption and urbanization on per capita emission in countries at various stages of economic development and as a group. For this purpose, a dynamic panel estimation applying the Arellano-Bond’s Generalized Method of Moments (GMM) was conducted using the average of five-year observations from 1980–2009. The findings suggest that while trade and Foreign Direct Investment (FDI) are not expected to affect environmental quality, increasing role of the state has a negative and significant impact only in developed countries. Further, the results suggest that energy consumption has a significant impact on all countries regardless of their stage of development, while urbanization affects environmental quality only in the least developed countries.
Resource Curse: New Evidence on the Role of Institutions
Tamat Sarmidi,Siong Hook Law,Yaghoob Jafari 한국국제경제학회 2014 International Economic Journal Vol.28 No.1
This paper attempts to provide a probable answer to a longstanding resource curse puzzle; i.e., why resource-rich nations grow at a slower rate compared with less fortunate ones. Using an innovative threshold estimation technique, the empirical results reveal that there is a threshold effect in the natural resources–economic growth relationship. We find that the impact of natural resources is meaningful to economic growth only after a certain threshold point of institutional quality has been attained. The results also shed light on the fact that the nations that have low institutional quality depend heavily on natural resources while countries with high quality institutions are relatively less dependent on natural resources to generate growth.