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293 Results Found

  • Article
  • Open Access
6 Citations
3,727 Views
18 Pages

15 May 2021

This study aims to explore the causal relationship between fiscal deficit (FD) and current account deficit (CAD) along with policy recommendations based on long-run and short-run dynamics and sensitivities. A panel data span from 1990 to 2019 is anal...

  • Article
  • Open Access
1 Citations
3,077 Views
23 Pages

7 September 2022

For the last three decades, ASEAN has been facing a persistent fiscal deficit. However, the impact of fiscal deficit on the current account deficit in the sub-groups of ASEAN is still unknown. This study aims to investigate the impact of fiscal defic...

  • Article
  • Open Access
14 Citations
2,981 Views
29 Pages

22 July 2022

In this paper, we test the dynamic symmetric and asymmetric causality relationship between the ecological footprint and trade openness in G7 countries by suggesting a new bootstrap panel causality test based on seemingly unrelated regressions. We ana...

  • Article
  • Open Access
9 Citations
2,920 Views
14 Pages

16 June 2022

Energy is life blood of all economies and an indispensable prerequisite for all economic activities and consequently factors influencing the energy consumption are of vital importance. Therefore, this study investigates the effect of education togeth...

  • Article
  • Open Access
10 Citations
9,123 Views
19 Pages

Causality between Terrorism and FDI in Tourism: Evidence from Panel Data

  • Maja Nikšić Radić,
  • Daniel Dragičević and
  • Marina Barkiđija Sotošek

The aim of this research was to examine the causal link between terrorism and FDI in tourism on the example of a panel of 50 countries for the period from 2000 to 2016. Other control variables were included in order to ensure the validity of the resu...

  • Article
  • Open Access
5 Citations
6,592 Views
13 Pages

Pension Funds, Insurance Companies and Stock Market Development: Evidence from Emerging Markets

  • Yilmaz Bayar,
  • Marius Dan Gavriletea,
  • Dan Constantin Danuletiu,
  • Adina Elena Danuletiu and
  • Emre Sakar

3 July 2022

Stock markets foster economic growth through meeting the fund requirements of the firms by individual and institutional investors. Pension funds and insurance companies with their long-term investment horizon are critical institutional investors in c...

  • Article
  • Open Access
22 Citations
6,267 Views
13 Pages

7 January 2023

Financial inclusion has become a policy agenda for financial stability and sustainable economic growth for the developing world. However, there seems to be a lack of consensus across the literature on the relationships between financial inclusion, fi...

  • Article
  • Open Access
6 Citations
3,788 Views
20 Pages

Machine Learning-Based Causality Analysis of Human Resource Practices on Firm Performance

  • Myeongju Lee,
  • Gyeonghwan Lee,
  • Kihoon Lim,
  • Hyunchul Moon and
  • Jaehyeok Doh

An organization’s human resource management practices are essential for its competitive advantage. This study specifically examined human resource (HR) practices that predict corporate performance (employee turnover and firm sales) based on a b...

  • Article
  • Open Access
21 Citations
14,627 Views
16 Pages

Many earlier development finance studies have attempted to assess the relationship between financial inclusion and economic growth. However, the findings of these studies vary from economy to economy and region to region due to various social and eco...

  • Article
  • Open Access
33 Citations
25,302 Views
23 Pages

Decentralized finance (DeFi) protocols use blockchain-based tools to mimic banking, investment and trading solutions and provide a viable framework that creates incentives and conditions for the development of an alternative financial services market...

  • Article
  • Open Access
89 Citations
8,503 Views
13 Pages

Using a sample of province-level panel data, this paper investigates the Granger causality associations among economic growth (GDP), foreign direct investment (FDI) and CO2 emissions in China. By applying the bootstrap Granger panel causality approac...

  • Article
  • Open Access
1,021 Views
29 Pages

25 September 2025

The relationship between energy consumption and economic growth remains a critical and complex issue in both economic and environmental research. This study investigates the disaggregated effects of primary energy sources on GDP growth across four co...

  • Article
  • Open Access
4 Citations
2,856 Views
14 Pages

23 September 2023

Sustainable development has become a key factor in decreasing economic and social inequalities and environmental problems in the world. This problem aligns with the crusade of the United Nations Sustainable Development Goals (UNSDGs-8 and 10). To thi...

  • Article
  • Open Access
15 Citations
5,084 Views
15 Pages

Impact of Educational Attainment on Renewable Energy Use: Evidence from Emerging Market Economies

  • Gamze Sart,
  • Yilmaz Bayar,
  • Funda Hatice Sezgin and
  • Marina Danilina

6 April 2022

Renewable energy has become a crucial factor for circular economies, sustainable development, and the environment given the limited non-renewable energy reserves and global environmental degradation mainly resulting from non-renewable energy use. Thi...

  • Article
  • Open Access
7 Citations
4,607 Views
14 Pages

6 October 2023

Both health and human capital are simultaneously resources and indicators of sustainable development. Therefore, this research article studies the causal interaction among total health expenditures, out-of-pocket expenditures, human capital, and sust...

  • Article
  • Open Access
19 Citations
4,814 Views
36 Pages

26 July 2022

The future of opencast mining and energy production based on conventional resources is one of the most important issues being discussed in international forums. The whole discussion is becoming increasingly heated and takes on a special significance...

  • Article
  • Open Access
2 Citations
3,253 Views
18 Pages

28 January 2022

Based on the Export Similarity Index (ESI), this study examines the export competition pattern among Chinese cities in the global market from 2000 to 2017, analyzing the mechanism of competition using a panel Granger causality test and a gravity mode...

  • Article
  • Open Access
3,232 Views
34 Pages

25 July 2025

Economic policy uncertainty is an important macroeconomic risk factor that can have direct effects on investment decisions, growth dynamics, and public finance. In particular, its potential impact on tax revenue is critical in terms of fiscal sustain...

  • Article
  • Open Access
33 Citations
4,403 Views
22 Pages

South Asian Association for Regional Cooperation (SAARC) countries like other developing countries are the major destination for foreign investors. At the same time, these countries are facing different climate change challenges. This study aims to i...

  • Article
  • Open Access
48 Citations
12,800 Views
10 Pages

The main objective of this study is to investigate the causal relationship between tourism development and economic growth in Gulf Cooperation Council (GCC) countries in a multivariate model, using panel data for the period 1995–2012. The study adopt...

  • Article
  • Open Access
70 Citations
4,281 Views
13 Pages

This study explores the impact of environmental policies and human development on the CO2 emissions for the period of 1995–2015 in the Group of Seven and BRICS economies in the long run through panel cointegration and causality tests. The causality a...

  • Article
  • Open Access
3 Citations
1,564 Views
30 Pages

25 September 2025

Both developed and developing countries increased their energy consumption while continuing to advance economically and financially. In parallel with increasing energy use, the intensification of anthropogenic activities has led to higher greenhouse...

  • Article
  • Open Access
24 Citations
6,575 Views
14 Pages

A Causal Analysis of Life Expectancy at Birth. Evidence from Spain

  • Pedro Antonio Martín Cervantes,
  • Nuria Rueda López and
  • Salvador Cruz Rambaud

Background: From a causal point of view, there exists a set of socioeconomic indicators concerning life expectancy. The objective of this paper is to determine the indicators which exhibit a relation of causality with life expectancy at birth. Method...

  • Article
  • Open Access
50 Citations
7,311 Views
17 Pages

27 January 2023

This study aims to examine the dynamic connection among economic growth, CO2 emissions, energy consumption, and foreign direct investments (FDIs). The panel section considers the period of 2000–2020 for 25 EU Member States excluding Malta and C...

  • Article
  • Open Access
5 Citations
3,617 Views
24 Pages

2 January 2025

This study aimed to determine the impact of economic policy uncertainty and geopolitical risk on environmental quality in 17 selected countries. In addition, it also aimed to test the environmental Kuznets curve hypothesis (EKC) within the scope of t...

  • Article
  • Open Access
29 Citations
7,794 Views
14 Pages

Impact of Environment, Life Expectancy and Real GDP per Capita on Health Expenditures: Evidence from the EU Member States

  • Yilmaz Bayar,
  • Marius Dan Gavriletea,
  • Mirela Oana Pintea and
  • Ioana Cristina Sechel

This research explores the impact of environment, life expectancy, and real GDP per capita on health expenditures in a sample of 27 EU member states over the 2000–2018 period through causality and cointegration analyses. The causality analysis...

  • Article
  • Open Access
7 Citations
4,128 Views
14 Pages

23 December 2021

The construction of development zones is an important strategic measure for China to attract foreign investment and open up more extensively to the outside world; for this reason, such zones are also of great significance to China’s regional de...

  • Article
  • Open Access
23 Citations
3,448 Views
10 Pages

Electricity Consumption and Economic Growth: Evidence from South Asian Countries

  • Sebastian Majewski,
  • Urszula Mentel,
  • Raufhon Salahodjaev and
  • Marek Cierpiał-Wolan

11 February 2022

The purpose of this study is to shed light on the nexus between electricity supply and economic growth in South Asian countries during 1990–2018. The study employs Pedroni’s panel cointegration test as well as Dumitrescu and Hurlin’...

  • Article
  • Open Access
4,082 Views
19 Pages

17 November 2021

This study used panel data covering 27 years to investigate the causality between regional stock exchange development and economic growth in the West African Economic and Monetary Union (WAEMU) countries. We performed a homogeneous Granger non-causal...

  • Article
  • Open Access
6 Citations
3,480 Views
16 Pages

7 February 2023

Today, banks, which act as financial intermediaries, ensure the growth of the economy. Banks, being a channel in monetary policies and monetary issues, are effective institutions in ensuring sustainable macroeconomic stability. In addition, banks are...

  • Article
  • Open Access
37 Citations
3,788 Views
13 Pages

22 December 2020

The globalized world has experienced significant environmental degradation together with raising global production and population. In this context, the employment of renewable energy use has become crucial for a sustainable environment and developmen...

  • Article
  • Open Access
4 Citations
1,925 Views
21 Pages

6 February 2025

This study investigates the causal relationships between carbon emissions, temperature increases, and health expenditures within the framework of environmental and economic indicators. With the accelerating global impacts of climate change and rising...

  • Article
  • Open Access
5 Citations
5,006 Views
15 Pages

3 September 2024

The aim of this study is to examine the impact of developments in the insurance sector on economic growth. This study examines an annual dataset spanning 1992 to 2022 from ten countries within the G-20 economies, for which data is reliably accessible...

  • Article
  • Open Access
3 Citations
3,742 Views
11 Pages

Granger Causal Nexus between Good Public Governance and Unemployment: Evidence from Cross-Country Panel Data Investigation

  • Cristina Boţa-Avram,
  • Adrian Groşanu,
  • Paula-Ramona Răchişan and
  • Sorin Romulus Berinde

The purpose of this paper is to investigate the causality between good public governance captured through six World Bank governance indicators and unemployment rate (unemployment as % of the total labour force) as a clear indicator of labour market p...

  • Article
  • Open Access
33 Citations
9,173 Views
13 Pages

Renewable and Non-Renewable Energy Consumption and Its Impact on Economic Growth

  • Hosein Mohammadi,
  • Sayed Saghaian and
  • Bahareh Zandi Dareh Gharibi

20 February 2023

Energy is an important factor in boosting and sustaining the economic growth level of a country. The aim of this study was to investigate the relationship between energy consumption and the economic growth of selected developed and developing countri...

  • Article
  • Open Access
22 Citations
3,069 Views
15 Pages

How Do Urban Land Expansion, Land Finance, and Economic Growth Interact?

  • Ke Zhao,
  • Danling Chen,
  • Xupeng Zhang and
  • Xiaojie Zhang

Land finance has consumed a lot of China’s urban land resources while contributing to its economic growth. Urban land expansion, land finance, and economic growth have attracted significant scholarly and social attention. However, the influence...

  • Article
  • Open Access
153 Citations
8,391 Views
20 Pages

Trade Openness and Carbon Emissions: Evidence from Belt and Road Countries

  • Huaping Sun,
  • Samuel Attuquaye Clottey,
  • Yong Geng,
  • Kai Fang and
  • Joshua Clifford Kofi Amissah

10 May 2019

The search for a green and low-carbon economy has been a guide to current energy and environmental research. Using current panel cointegration approaches, our study examines the interaction between trade and an environmental pollution proxy of carbon...

  • Article
  • Open Access
4 Citations
2,680 Views
31 Pages

This study investigates the relationship between artificial intelligence (AI) adoption and environmental, social, and governance (ESG) performance among 100 listed Saudi Arabian firms over the period 2015–2024. Drawing on panel data regression...

  • Article
  • Open Access
3,575 Views
24 Pages

Causal Impact of Stock Price Crash Risk on Cost of Equity: Evidence from Chinese Markets

  • Babatounde Ifred Paterne Zonon,
  • Xianzhi Wang,
  • Chuang Chen and
  • Mouhamed Bayane Bouraima

This study investigates the causal impact of stock price crash risk on the cost of equity (COE) in China’s segmented A- and B-share markets with an emphasis on ownership structures and market regimes. Employing a bootstrap panel Granger causali...

  • Article
  • Open Access
751 Views
18 Pages

4 November 2025

CO2 emissions are amongst the most significant contributors to global warming and climate change and continue to increase throughout the world. In this regard, this study investigates the interplay amongst renewable energy use, ICTs, economic develop...

  • Article
  • Open Access
721 Views
22 Pages

Green Finance and Ecological Footprint: Empirical Evidence from 13 Leading Countries in Green Financial Development

  • Bartosz Jóźwik,
  • Sevgi Sümerli Sarigül,
  • Mesut Dogan,
  • Murat Çetin,
  • Pınar Avci and
  • Aytaç Güt

24 November 2025

This study investigates the long-run relationship between green finance and the ecological footprint in 13 countries with the highest levels of green financial development, while also examining the roles of green growth, economic growth, financial gl...

  • Article
  • Open Access
7 Citations
2,569 Views
11 Pages

22 December 2023

This paper examines the causal relationship between human capital and economic factors in BRICS countries using a panel vector autoregressive model and data from 1997 to 2020. The economic factors considered include foreign direct investment (FDI), i...

  • Article
  • Open Access
270 Views
24 Pages

30 December 2025

This study empirically investigates the impact of the digital economy on sustainable development, with a particular focus on the mediating role of green innovation. Using panel data from 420 regional observations in China, we employ an advanced econo...

  • Article
  • Open Access
6 Citations
2,690 Views
17 Pages

24 July 2024

Since the 1950s, the remarkable amount of global environmental degradation has heightened environmental concerns at both national and international levels. This shift has spurred intensive research into the causes of environmental degradation and pot...

  • Article
  • Open Access
27 Citations
5,641 Views
20 Pages

15 February 2018

The present paper investigates the impact of pollution information transparency index (PITI) on eco-efficiency using a novel panel dataset covering 109 key environmental protection prefecture-level cities in China over the period 2008–2015. We apply...

  • Article
  • Open Access
1,131 Views
18 Pages

28 October 2025

This study aims to examine the fundamental determinants of economic growth in G20 countries in the context of institutional structure, innovation, and education. The significance of the research lies in revealing that sustainable economic growth is s...

  • Article
  • Open Access
28 Citations
3,268 Views
14 Pages

18 June 2021

The main objective of the research is to analyze the impact of financial sector development indicators and financial institutions access on primary energy use based on a sample of European Union transition members over 20 years period (1996–2017) thr...

  • Review
  • Open Access
155 Views
15 Pages

6 January 2026

Background: Identifying causal genes underlying quantitative trait loci (QTLs) remains challenging due to small effect sizes and the prevalence of non-coding variants. Although multi-omics integration frameworks such as eQTL- and epigenomic-based app...

  • Article
  • Open Access
69 Citations
7,886 Views
16 Pages

10 September 2020

Renewable energy has attracted researcher attention in recent years, and the number of studies conducted on the topic has increased. The importance of renewable energy has increased because certain energy resources are exhaustible and they damage the...

  • Article
  • Open Access
1 Citations
1,514 Views
19 Pages

8 February 2025

This study examines the emerging challenge of how income inequality affects household energy consumption within the European Union amidst the ongoing energy crisis. Using the Gini index and the gender pay gap as indicators of income inequality, the a...

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