Foreign Investment, Domestic Savings, and Exchange Rates as Drivers of Per Capita Income and Financial Sector Development in OIC Countries DOI

Fitri Ardiya Garini,

M. Shabri Abd. Majid, Suriani Suriani

et al.

Deleted Journal, Journal Year: 2024, Volume and Issue: 2(1), P. 15 - 25

Published: Sept. 16, 2024

This study examines the roles of foreign investment, financial sector development, domestic savings, and exchange rates on per capita income in 25 Organization Islamic Cooperation (OIC) countries. A panel data regression model is applied to annual from 2010 2022. The results indicate that investment savings positively influence while rate has no significant effect. Additionally, both impact economic growth, whereas have a negative Based these findings, it recommended governments OIC-25 countries enhance attractiveness through policies foster conducive climate increase awareness incentives for savings. approach would strengthen boost growth. suggests can drive development fluctuations inefficient management hinder increases income.

Language: Английский

Shadow Economy, Energy Consumption, and Ecological Footprint in Indonesia DOI Creative Commons
Irsan Hardi, Mohd Afjal, Muhlis Can

et al.

Sustainable Futures, Journal Year: 2024, Volume and Issue: unknown, P. 100343 - 100343

Published: Oct. 1, 2024

Language: Английский

Citations

13
Exploring the Role of Geothermal Energy Consumption in Achieving Carbon Neutrality and Environmental Sustainability DOI Creative Commons
Ghalieb Mutig Idroes, Mohd Afjal, M.Y. Khan

et al.

Heliyon, Journal Year: 2024, Volume and Issue: 10(23), P. e40709 - e40709

Published: Nov. 27, 2024

Language: Английский

Citations

9
Energy Poverty and Environmental Quality Nexus: Empirical Evidence from Selected South Asian Countries DOI Creative Commons
A. K. Sikdar,

Nor Yasmin Binti Mhd Bani,

Abul Hasnat Muhammed Salimullah

et al.

Ekonomikalia Journal of Economics, Journal Year: 2024, Volume and Issue: 2(2), P. 119 - 135

Published: Oct. 23, 2024

South Asian countries are included in the economies of developing Asia. The region Asia is predominantly affected by energy poverty issues due to a heavy reliance on conventional and unpredictable access services. It has about quarter world's population home three ten most populated countries: India, Pakistan, Bangladesh. This study investigates environmental sustainability dynamics from 2000 2021, utilizing Cross-sectional Autoregressive Distributed Lag (CS-ARDL) Dumitrescu-Hurlin (D-H) causality methods. research offers insights into long-term trends causal relationships that shape outcomes nations. Based empirical findings, long-term, it revealed increases poverty, economic growth, income inequality, capital formation raise greenhouse gas (GHG) emissions, while renewable labor reduce GHG emissions. On other hand, error correction term shows speed adjustment toward equilibrium at 0.75%. Furthermore, D-H panel reveals directional link between variables. These findings highlight urgent need for implement policies address promote adoption, inequality mitigate emissions achieve effectively.

Language: Английский

Citations

7
Government Expenditure on Education, Educational Index, and Economic Growth in Nepal: An ARDL-ECM Approach DOI

Niroj Duwal,

Sunil Suwal

Ekonomikalia Journal of Economics, Journal Year: 2024, Volume and Issue: 2(2), P. 82 - 94

Published: Aug. 20, 2024

Education is a key priority in economic development, significantly impacting growth and society through its role enhancing human capital advancing technological knowledge. Government spending on education crucial for providing equitable access to quality widely believed stimulate growth. This study examines the relationship between education, government expenditure Nepal from 1990 2022, using Autoregressive Distributed Lag (ARDL) model Error Correction Model (ECM) assess long-run short-run impacts. The findings reveal that educational index, gross formation, population have positive significant impact In contrast, domestic credit private sector, trade openness negative insignificant effects Additionally, index shows short run. study’s policy recommendations emphasize need increase implement effective mechanisms spending, enhance availability boost

Language: Английский

Citations

4
Economic freedom and growth dynamics in Indonesia: an empirical analysis of indicators driving sustainable development DOI Creative Commons
Irsan Hardi, Mohd Afjal, M.Y. Khan

et al.

Cogent Economics & Finance, Journal Year: 2024, Volume and Issue: 12(1)

Published: Nov. 29, 2024

This study investigates the contributions of economic freedom indicators to Indonesia's growth from 1995 2022, applying Solow model within both static and dynamic frameworks. Using Robust Least Squares (RLS) methods – such as Dynamic Ordinary (DOLS) Fully Modified (FMOLS) conducting robustness checks with Canonical Cointegration Regression (CCR), analysis confirms that eight out nine particularly business freedom, monetary trade property rights, government integrity, tax burden, investment financial positively influence growth. These findings underscore importance policies enhance minimize intervention, promote investment, encourage competitive markets. The study's insights aim guide Indonesian policymakers in leveraging foster sustainable, long-term

Language: Английский

Citations

4
Overcoming Barriers to Water Accounting in Iran's Manufacturing Sector: A Comprehensive Analysis and Pathway to Sustainable Water Management DOI
Mohammad Nazaripour,

Jafar Babazadeh Hashinon

Published: Jan. 1, 2025

Language: Английский

Citations

0
Inclusive innovation and green growth in advanced economies DOI
Irsan Hardi, Ghalieb Mutig Idroes,

Laura Márquez-Ramos

et al.

Sustainable Futures, Journal Year: 2025, Volume and Issue: 9, P. 100540 - 100540

Published: March 24, 2025

Language: Английский

Citations

0
The Role of Economic Growth in Moderating the Impact of Energy Consumption on Carbon Emissions in ASEAN-5 DOI

Krishna Sahputra,

Sofyan Syahnur, Vivi Silvia

et al.

Ekonomikalia Journal of Economics, Journal Year: 2025, Volume and Issue: 3(1), P. 1 - 14

Published: March 7, 2025

The ASEAN-5 countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) have experienced rapid economic growth, leading to increased energy consumption carbon emissions. While expansion initially increases emissions, it can also facilitate adoption of cleaner sources. This study investigates moderating role growth in impact on emissions using panel data from 2001 2022. Autoregressive Distributed Lag (ARDL) method was employed due its capacity analyze both short- long-term relationships. results ARDL analysis reveal that non-renewable substantially elevates short long term. In contrast, influence renewable is positive only Additionally, exerts a effect CO2 which moderated by square growth. Conversely, contributes negatively similarly square. These findings correspond with Environmental Kuznets Curve (EKC) theory, posits rise alongside development, subsequently decrease as economies shift towards more sustainable technologies. Therefore, policymakers are advised implement robust environmental regulations, invest initiatives, promote practices achieve reduction goals. Moreover, governments should enforce stricter policies fossil fuel raise public awareness preservation.

Language: Английский

Citations

0
Resilience and Adaptation: Plant Ecology in Indonesia’s Geothermal Environments DOI
Ghazi Mauer Idroes, Khairan Khairan, Eko Suhartono

et al.

Leuser Journal of Environmental Studies, Journal Year: 2025, Volume and Issue: 3(1), P. 44 - 55

Published: April 26, 2025

Geothermal ecosystems are defined by extreme environmental conditions, such as elevated temperatures, high concentrations of toxic chemicals, and fluctuations in abiotic stressors, which shape plant survival adaptation. These unique ecosystems, found across various geothermal regions globally, support specialized communities that have developed distinctive morphological, physiological, ecological adaptations. Indonesia, located on the Pacific Ring Fire, is one world’s richest nations, offering an important yet underexplored context for studying vegetation zones. This review examines conditions adaptive strategies vegetation, patterns diversity within Indonesian fields. It also explores succession, community dynamics, potential use indicators biomonitoring. Despite growing interest, significant research gaps remain, particularly long-term monitoring integration molecular-level studies. Addressing these essential enhancing scientific understanding informing conservation sustainable energy development tropical regions. highlights significance underscores need interdisciplinary to both biodiversity preservation responsible exploitation.

Language: Английский

Citations

0
CO2 Emissions in ASEAN-5: The Role of Labor, Investment, Inflation, Exchange Rate, and Economic Growth DOI

Sanny F. Lubis,

Vivi Silvia, Taufiq Carnegie Dawood

et al.

Ekonomikalia Journal of Economics, Journal Year: 2025, Volume and Issue: 3(1), P. 33 - 46

Published: April 25, 2025

Labor and investment can raise emissions in the short term but may reduce them long if energy efficiency improves. Inflation influences through changes prices production costs. The exchange rate affects by altering cost of imported green technologies. Economic growth generally increases emissions, especially early development stages, as described Environmental Kuznets Curve (EKC) hypothesis. Given these linkages, this study examines effects labor, investment, inflation, rate, economic on CO2 ASEAN-5 countries. To ensure robust findings, uses Autoregressive Distributed Lag (ARDL) model applies Dynamic Ordinary Least Squares (DOLS) Fully Modified (FMOLS) for dynamic estimations. Results show that do not significantly impact term. However, inflation have significant positive effects, indicating they contribute to short-term emission increases. In term, while remains insignificant. growth, however, over time. This suggests without strong environmental policies, continued expansion lead higher emissions. Overall, findings highlight structural factors like are crucial shaping Policies such carbon taxes or trading systems help internalize costs encouraging a shift cleaner reducing fossil fuel dependence.

Language: Английский

Citations

0