The macroeconomic outcomes of oil price fluctuations have been at the forefront of the debate among economists, financial analysts and policymakers over the last decades. Among others, the oil price–food price nexus has particularly received a...
Research on the impact of fiscal policy and foreign direct investment (FDI) on environmental quality has yielded conflicting results on their effects on carbon dioxide emissions. To further explore the asymmetric influences of these two critical fact...
This study examines the asymmetrical effects of unemployment and output on inflation in Greece. It applies a nonlinear autoregressive distributed lag model to focus on how positive and negative economic indicator fluctuations impact inflation. The em...
The symmetrical relationship between currency and equity markets has gained much attention among academicians and policy makers in the recent era. Many studies conducted on this relationship have concluded that there is short-run relationship between...
Inflation across the globe after the COVID-19 pandemic has shown some persistence and followed an upward trend well above inflation targets and beyond normal historical movements. The Saudi inflation rate followed similar patterns of global trends, s...
China is a country with one of the most disaster losses in the world. In this paper, a comprehensive evaluation of disaster losses in China was carried out based on the TOPSIS model of entropy weight. Then, linear and nonlinear models were establishe...
This paper attempts to test the pass-through of the real exchange rate (RERT) to unemployment in Brazil over the period 1981M1–2015M11 using linear and nonlinear Autoregressive Distributed Lag (ARDL) models. The result of the linearity test sug...
Developing countries, including Pakistan, need a considerable effort to withstand economic growth; however, these countries have to cope with greenhouse gases emission and other environmental concerns. Financial advancement gives rise to modern, some...
The present paper uses asymmetric cointegration and error-correction modeling where a nonlinear adjustment of the exchange rate yields results that are different than those yielded by linear models. We study cocoa imports for Turkey with advanced ARD...
Investment in tourism infrastructure development to make destinations and services increasingly attractive is considered a key measure in developing a country’s tourist destinations. This paper investigates the impact of investment in tourism infrast...
16 July 2022
Global environmental issues such as environmental degradation, climate change, and global warming have posed a threat to the global economy, including Pakistan. The primary source of these problems is greenhouse gas emissions. These emissions are the...
In this paper, the linear and nonlinear effects of oil price on growth for Association of Southeast Asian Nations (ASEAN)—3 net oil-exporting countries, namely Brunei, Malaysia and Vietnam, are investigated. The empirical analysis applies the a...
Climate change has emerged as a global challenge because of its threat to sustainable development goals. Fossil fuels and economic growth are responsible for pollution and, thus, for climate change. In this context, this study explored the environmen...
This study analyses the dynamics of the energy transition within the SPRING-F group (Spain, Poland, Romania, Italy, the Netherlands, Germany, France) through a hybrid approach that combines econometric panel ARDL models with machine learning algorith...
This article revisits the question of whether crude oil prices have a positive effect on stock the prices of renewable energy firms. To examine this question carefully, we allow for the asymmetric effects of oil price changes in our modeling process,...
The aim of current study is to investigate the significance of green and blue economic activities to mitigate the carbon emission in Saudi Arabia. We use the time series data which covers the period from 1990 to 2019. For empirical estimations, we us...
The purpose of this study was to research and understand the interrelations between the growth of gross fixed capital formation (GFCF), the volume of construction industry, supply of interindustry balance, and amount of fixed-asset investments in Rus...
Previous research has assessed the impact of policy uncertainty on a few macro variables. In this paper, we consider its impact on oil prices. Oil prices are usually determined in global markets by the law of demand and supply. Our concern in this pa...
The purpose of this study was to develop a deep understanding of the interactions between the ecological footprint, forest resources, land resources, environmental technology, and renewable energy consumption in Saudi Arabia. The study uses the data...
As a small and open economy, Uruguay is highly exposed to international and regional shocks that affect domestic uncertainty. To account for this uncertainty, we construct two geometric uncertainty indices (based on the survey of industrial expectati...
Energy availability and the selection of suitable energy sources have substantial implications on both economic and environmental sustainability, and it is because the environmental protection cost is directly linked to overall energy inclusion in th...
The existing literature has explained the causality flow from the exchange rates toward the stock market without explaining the role of the economic crisis in effecting this nexus. This study examines the role of the financial crisis in affecting the...
This study confirms gold’s role as a reliable inflation hedge while introducing new insights into lesser-explored assets like art and wheat. Using advanced methodologies such as the ARDL framework and LSTM deep learning, it conducts a detailed...
This study aims to examine the impacts of AI investment on economic growth, while controlling for labor force participation and gross fixed capital formation in Germany. The analysis is based on data collected on the state of economic development in...
This paper addresses the assessment of the price transmission of dairy products in Hungary. Monthly prices are used in testing the hypothesis of asymmetric price transmission between farmers and retailers. The magnitude of short- and long-run asymmet...
This article examines the asymmetric relationship between electric consumption, economic growth, and carbon dioxide emission in 15 countries over the period 1971–2014. We employed a nonlinear auto-regressive distribution Lag (NARDL) model appro...
This study explores the asymmetric impact of oil supply and demand shocks on the sectoral stock market returns of Pakistan. For this purpose, the study uses the non-linear autoregressive distributed lag (ARDL) approach based on monthly time series da...
Concerns about the increasing ecological harm caused by human activities have led to greater recognition of the need to address environmental degradation. Policymakers are implementing actions and strategies to alleviate the detrimental effects of cl...
Over the period 2000–2019, we reexamine the connection between finance, as measured by one of the primary banking sector functions—liquidity creation (LC)—and economic growth (EG) in 10 MENA countries panel. In a scenario seen as a...
Human health capital is an important factor that affects countries’ economic development. This research explores the nonlinear effect of human health capital on economic growth and assesses the asymmetry over time. We used annual data from 1978...
Governments use fiscal and monetary policies to direct the economy toward economic expansion. However, both policies could have impacts on the environment. The study investigates the effects of fiscal and monetary policy, energy consumption and econo...
A comprehensive measure of economic uncertainty, known as “Policy Uncertainty”, which was constructed by the Economic Policy Uncertainty Group by searching popular newspapers for uncertain terms associated with economic factors and its im...
Investigating the remittance-financial development relationship is an ongoing endeavor among economists and policy makers. Building and improving on the existing work, this study considers the possibility that the relation between remittances and fin...
The motivation of the study is to investigate the nature of the relationship between institutional quality, tourism, and FDI in BIMSTEC nations for the period 1996Q1–2018Q4. Exploring their nature of association, the study performed several panel eco...
This study attempt to fill the research gap by figuring out the dynamic effects of foreign capital inflows effect on renewable energy and non-renewable consumption by using the time series non-linear ARDL approach for BRICS from 1991 to 2019. Non-lin...
This paper examines the impact of different oil price benchmarks on the revenue profile of OPEC countries from 1990 to 2024. While there are prior studies on this subject, most of these studies adopted a symmetrical approach, overlooking the asymmetr...
Very recently, the link between exchange rate volatility and trade flows has entered into a new direction in which researchers assess the possibility of asymmetric response of trade flows to a measure of exchange rate uncertainty. We add to this lite...
This study uses data from 1980 to 2020 to analyze the explanatory power of renewable energy (RE), green finance (GF), and public health expenditure (PUHE) for environmental quality (ecological footprint: EF) in the Kingdom of Saudi Arabia (KSA). In o...
The study identifies the impact of the changes in human mobility due to the announcement of the state of emergency to cope with the COVID-19 pandemic on the Tokyo gasoline, diesel, and kerosene markets. Indices reflecting the movements in the visits...
The relationship between trade openness and economic performance has been widely debated and researched during the last several decades. However, the specific influence of trade openness from the perspective of controlling the inflation rate is rarel...
Through an in-depth evaluation of the potential effectiveness of intellectual property protection on environmental technologies, the aim of the present research is to investigate the effect of patents on environmental innovation, energy use, GDP, and...
30 June 2022
This study investigates the symmetric and asymmetric linkages within environmental sustainability proxied by ecological footprint (EFP), natural resources (NRR), renewable energy consumption (REC), urbanization (URB), human capital (HC), and governme...
Since the appearance of persistent research finding a disconnection between the exchange rate and its macroeconomic fundamentals, the empirical debate has not stopped. Studies employ various methods to explain the presence of the exchange rate discon...
The goal of this study is to detect linear and nonlinear causal pathways toward climate change as measured by changes in global mean surface temperature and global mean sea level over time using a data-based approach in contrast to the traditional ph...
This research studies the impact of a number of climate change features on the severity of traffic accidents in Jordan. This case study is based on monthly data collected from six meteorological stations. The relationship between climate and accident...
This study examines the symmetric and asymmetric impacts of international trade on consumption-based carbon emissions (CBEs) in the People’s Republic of China (PRC) and the United States of America (USA) from 1990 to 2018. The analysis uses aut...
The study’s motivation is to gauge the impact of financial innovation on economic growth from 2004M1 to 2018M12 in India and Pakistan’s economy with the mediating role of economic policy uncertainty. For instituting the possible association between f...
This paper investigates the linear/nonlinear long-run and short-run dynamic relationships between oil prices and two implied volatilities, oil price volatility index (OVX) and stock index options volatility index (VIX), representing panic gauges. The...
The environmental issue has become a global problem that needs to be examined frequently, motivating researchers to investigate it. Thus, the present study has investigated the asymmetric impact of globalization, economic growth and natural resources...
The consumption of fossil fuel significantly contributes to the growth of South Africa’s economy but produces carbon dioxide (CO2), which is detrimental to environmental sustainability with overall effects on health outcomes. This study sought...
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