• Title/Summary/Keyword: Economics Growth

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Nuclear energy consumption and CO2 emissions in India: Evidence from Fourier ARDL bounds test approach

  • Ozgur, Onder;Yilanci, Veli;Kongkuah, Maxwell
    • Nuclear Engineering and Technology
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    • v.54 no.5
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    • pp.1657-1663
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    • 2022
  • This study uses data from 1970 to 2016 to analyze the effect of nuclear energy use on CO2 emissions and attempts to validate the EKC hypothesis using the Fourier Autoregressive Distributive Lag model in India for the first time. Because of India's rapidly rising population, the environment is being severely strained. However, with 22 operational nuclear reactors, India boasts tremendous nuclear energy potential to cut down on CO2 emissions. The EKC is validated in India as the significant coefficients of GDP and GDP.2 The short-run estimates also suggest that most environmental externalities are corrected within a year. Given the findings, some policy recommendations abound. The negative statistically significant coefficient of nuclear energy consumption is an indication that nuclear power expansion is essential to achieving clean and sustainable growth as a policy goal. Also, policymakers should enact new environmental laws that support the expansion and responsible use of nuclear energy as it is cleaner than fossil fuels and reduces the cost and over-dependence on oil, which ultimately leads to higher economic growth in the long run. Future research should consider studying the nonlinearities in the nuclear energy-CO2 emissions nexus as the current study is examined in the linear sense.

The Choice of an Optimal Growth Function Considering Environmental Factors and Production Style (생산방식과 환경요인들을 고려한 최적성장함수의 선택에 관한 연구)

  • Choi, Jong Du
    • Environmental and Resource Economics Review
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    • v.13 no.4
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    • pp.717-734
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    • 2004
  • This paper examined the statistical goodness-of-fit tests for biological growth model in bioeconomic analysis. Some authors estimated usually growth function for fish in the world. However, few studies have estimated growth equations for the bivalve species. Thus, this paper studied the common functional forms of fitting growth equations for cham scallops considering environmental factors and production styles. The following functional forms are considered: linear, log-reciprocal, double log, polynomial and linear with interactions. Results of fitting these various functional forms with real data are compared and evaluated using standard statistical goodness-of-fit tests. Results also indicate that log-reciprocal function is statistically the best fit to the real data. Therefore, the log-reciprocal function is decided the best function describing cham scallop biological growth and hence might be useful for economic evaluation(i.e., optimal harvesting time).

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한국의 전력소비와 경제성장의 인과관계 분석

  • Jo, Jeong-Hwan;Gang, Man-Ok
    • Environmental and Resource Economics Review
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    • v.21 no.3
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    • pp.573-593
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    • 2012
  • The paper examined the relationship between total and sector level electricity consumptions and economic growth in Korea for the period of 1980-2009. The results of unit-roots and cointegration tests show that all variables-real GDP, total, primary, manufacture, and service sector electricity consumptions-were not stationary and there were no linear combinations in the long run between electricity consumptions and economic growth. Thus, by using standard Granger-causality test we found that total, primary, and manufacture sector electricity consumptions were Granger-caused by economic growth, not vice versa. This means that causality runs from economic growth to each electricity consumption. However, there is no causal relationship between service sector electricity consumption and economic growth. These results imply that the government policies aimed at reducing electricity consumptions and increasing energy efficiency etc. can be feasible without deterring economic growth in Korea.

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Comparison of Traditional Productivity and the Environmentally-Adjusted Productivity in the Chinese Regions (중국의 지역별 전통적 생산성과 환경조정생산성의 비교)

  • Park, Hae-Ran;Kang, Sang-Mok
    • Journal of Environmental Policy
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    • v.8 no.3
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    • pp.115-138
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    • 2009
  • The purpose of this paper is to clarify the main components of economic growth and the effects of environmental factorson productivity by comparing traditional productivity growth and environmentally-adjusted productivity growth in 28 Chinese regions based on growth accounting analysis. To do this, we measured the shadow prices of SOx for the 28 Chinese regions. This study found that the annualized growth rate of output in the 28 Chinese regions was almost 10.07% for 1999-2005, though the growth rate was higher in the eastern region than in the middle and western regions. The average traditional productivity was 3.58%, again with the eastern region showing the highest level. The average environmentally-adjusted productivity of the three regions was about 3.56%, which is similar to the level of traditional productivity. This implies that activities regarding pollution reductions in the 28 Chinese regions have not been practiced, even though environmental regulations have been strengthened. Therefore, the regional and central governments should strengthen environmental regulations and strictly enforce them.

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China's Slowdown

  • BARRY EICHENGREEN
    • KDI Journal of Economic Policy
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    • v.46 no.1
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    • pp.1-19
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    • 2024
  • This paper evaluates explanations for China's growth slowdown. The natural tendency for rapidly growing economies to slow down is a major factor, along with problems bequeathed by unbalanced growth, including a declining ICOR, slowing total factor productivity growth, and rising indebtedness. A number of other mechanisms are of lesser importance: demographics, President Xi's centralization of political power and anti-corruption campaign, and U.S. export controls. Sustaining growth in the longer term will require China to step away from investment, debt and export-fueled growth in favor of a balanced growth model with household consumption playing a larger role. Doing so will require hardening of the budget constraints of regional and local governments and restructuring of the nonperforming debts of property and construction companies.

An Empirical Study on TQM's quality factors of Internet Shopping Mall (인터넷쇼핑몰에 있어 품질경영의 품질요인에 관한 연구)

  • 김형욱;정인진
    • Proceedings of the Technology Innovation Conference
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    • 1999.12a
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    • pp.348-371
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    • 1999
  • The tremendous growth of the Internet, particularly World Wide Web, has bought significant changes in the economics of marketing channels and has led to a redefinition of industry value chain. While electronic commerce has become as an important issue with the growth of the Internet, there are insufficient empirical research efforts concerning its status in Korea. The study findings suggest that contextual problems need to be solved before electronic commerce provides real benefits for consumers and businesses. The suggestions and strategies are provided at both a firm level and a consumer level. The objective of this research investigates TQM's the key quality factors and Customer's Using Satisfaction of Internet shopping mall in Korea. In addition, we tried U find out what factors discourage consumers from using electronic purchasing methods, as well as how perceived quality factors and customer satisfaction when consumers are exposed to the purchase process on the Internet shopping mall business.

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A Study of Value Evaluation for Foods among College Students (도시 대학생들의 식품에 대한 가치 평가 분석)

  • Moon, Soo-Jae;Kim, Jung-Yeon
    • Journal of the Korean Society of Food Culture
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    • v.7 no.1
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    • pp.25-34
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    • 1992
  • The purpose of this study was to investigate the value evaluation of foodstuff of 448 college students residing in the urban area. As a result of analyzing the value of each foodstuff, two to four factors were drawn from each foodstuff. The factors were classified into the social-conceptual factor, the preparatory factor, the quality factor, the economic factor, the subjective factor, and the complex factor. It was learned that the social-conceptual factor was dominant over the majority of college students in the evaluation of value of foodstuffs. There was a difference in the factor of the value evaluation for each foodstuff according to sex and the main growth region among the college students. A significant difference was found between the sexes regarding the preparatory factor and the economic factor. Also, in accordance with the main growth region, there was great difference in the social-conceptual factor(except for the Korean rice cake).

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Effect of Dietary Protein Restriction and Repletion on the Growth in the Rats (식이내단배질 제한과 회복이 흰쥐의 성장에 미치는 영향)

  • 김숙희
    • Journal of the Korean Home Economics Association
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    • v.20 no.1
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    • pp.57-64
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    • 1982
  • This study was designed to observe the effect of two levels of dietary protein intake on the development and growth of rats from fetus to adult. The pregnant rats were fed either 20% casein diet or 7% casein diet. After weaning or two weeks postweaning, some of the pups from malnourished mothers were rehabilitated by feeding 20% casein diet. The results were. 1. On the 14th day of gestation, no differences were found in weight and total body fat or protein between fetuses from dams fed 7% casein diet and those from those from 20% casein diet. 2. The birth weight of the pups from 7% casein diet group were significantly lower than those from 20% casein diet group. 3. After rehabilitation, the total body fat and protein of low protein group were not different from those of control group when they were compared at the same body weights regardless the age of rats or the duration on the low protein diet. 4. The nitrogen retention of low protein group, after rehabilitation, was higher than that of control group when they were compared at the same body weight.

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A study on the relationship between economic growth and carbon emission of logistics industry in Tumen River region (두만강지역 경제성장과 물류업탄소배출의 관계분석)

  • Chi, zehang;Li, Guangzhu;Li, Longzhen
    • Journal of the Korea Safety Management & Science
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    • v.18 no.4
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    • pp.39-46
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    • 2016
  • In this paper, the relationship between energy consumption in the logistics industry and economic growth of Tumen River region from 1995 to 2014 is empirically analyzed by using the EKC model theory. The results show that there is a turning point in the Kuznets curve of carbon emission in TumenRiverregion. And it has the characteristic sof "invertedU" curve, which conforms to the environmental Kuznets curve hypothesis. Meanwhile it is stil lintherisingstage. According to the analysis results, it is proposed to set up the concept of low carbon logistics, optimize the energy structure, strengthen the information construction, and establish low-carbon development mechanism and so on.

Global Service Innovation: A Case Study of Ajisen Ramen

  • CHO, Myungrae
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.967-976
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    • 2021
  • This study aimed to investigate the mechanism by which service companies transfer their services overseas and create new value while interacting with local characteristics. A narrative analysis method was used in a case study of Ajisen Ramen, a Japanese service company that created a Japanese-style ramen restaurant, which experienced rapid growth in China. This study analyzed the restaurant as global service innovation and constructed a causal mechanism to explain the resulting rapid growth. In the pre-entry stage, the tangible value source core service facilitated its successful overseas transfer. In the post-entry stage, value source core service standardization and value sharing were interrelated and locally accepted factors. Knowledge of the local characteristics influenced the local storefront format that allowed contact with local customers. This local front format made it possible to offer local customers new value. The global service innovation mechanism developed through this study reflects a causal diagram that correlated the theoretical concepts of these events.