Economic Change and Restructuring
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Exploring the nexus between tax revenues, government expenditures, and climate change: empirical evidence from Belt and Road Initiative countries
Economic Change and Restructuring - - 2021
The greenhouse gas (GHG) emissions generated by human activities are the leading
cause of rapid climate change. High energy consumption projects in the BRI
initiative have more impact on the environment. Therefore, fiscal policy
instruments are essentials to combat climate change. This paper explores the
impact of fiscal policy instruments, FDI, energy use, and GDP on climate change
in Belt and Ro...
Distribution of credit-risk concentration in particular sectors of the economy, and economic capital before and during the COVID-19 pandemic
Economic Change and Restructuring - Tập 56 - Trang 129-158 - 2022
The aim of the work underpinning this paper has been to track the evolution of
tail risk in banks’ NPL portfolios present under normal and worst conditions
(before and during the pandemic of COVID-19), and to estimate the impact of
sector concentration risk on amounts of economic capital. Results further
allowed for analysis of different sectors with a view to determining which is
riskiest. The st...
Is geopolitical risk always detrimental to economic growth?
Economic Change and Restructuring - Tập 57 - Trang 1-31 - 2024
In the recent past, geopolitical tension has taken center stage in defining
macroeconomic dynamics. Given that, this study examines the impact of
geopolitical risk on economic growth for 41 countries from 2000 to 2020. Our
panel estimations using the feasible generalized least square (FGLS) technique
show that geopolitical risk positively and significantly impacts economic
growth. The results are ...
Exploring the nexus between poor governance and household food security
Economic Change and Restructuring - - 2024
A cross-sectional-based study was conducted in Torghar Pakistan to analyze the
association between impacts of poor governance and household food security
through sociological lens. A sample size of 379 household heads was chosen
randomly for data collection through structured questionnaire. The collected
data was then analyzed in terms of bivariate and multivariate analyses, and
binary logit model...
Natural resource rent and inclusive finance: an institutional perspective
Economic Change and Restructuring - - 2024
Promoting inclusive finance is crucial for governments worldwide to drive
inclusive economic growth and development. This study investigates the
relationship between natural resource rent and inclusive finance, considering
the role of institutional quality. Using a comprehensive dataset spanning 109
countries from 1996 to 2020, our research unveils novel insights in the field of
inclusive finance....
Has Fiscal Federalism Worked for Macroeconomic Purposes? The Chinese Experience 1994–2003
Economic Change and Restructuring - - 2007
China’s central government undertook a major tax regime reform in 1994 that was
characterized by fiscal federalism. In hindsight, it may be seen to be more
emphatic on the revenue side than on the expenditure side. It has achieved a
certain success both for revenue shifting and inflation-fighting purposes.
However, the reform and its subsequent follow-ups have not clearly addressed
some fundamenta...
How can sectoral green economic growth alter energy transformation?
Economic Change and Restructuring - - 2024
This study explores the relationship between sustainable economic growth in
ASEAN's industrial and agricultural sectors and energy transformation
(2005–2021). Using the Cross-Sectionally Autoregressive Distributed Lag
(CS-ARDL) approach, it uncovers the positive impact of green economic growth on
reducing fossil fuel consumption. Discrepancies are influenced by sector size,
technological accessibi...
Exchange rate pressure, fiscal redistribution and poverty in developing countries
Economic Change and Restructuring - Tập 54 - Trang 1173-1203 - 2020
This article investigates the interplay between the exchange rate pressure
(ERP), which is a proxy for export demand and foreign financial flows shocks,
and fiscal redistribution in influencing poverty in developing countries. The
analysis relies on an unbalanced panel dataset containing 90 developing
countries over the period 1980–2014 and uses the two-step system GMM approach.
Empirical results ...
The impact of the digital economy on green innovation: the moderating role of fiscal decentralization
Economic Change and Restructuring - Tập 57 - Trang 1-33 - 2024
The digital economy represents a new economic form that exhibits a heavy
reliance on data resources, and it has the potential to extensively affect green
innovation. In this paper, the theoretical mechanism through which the digital
economy affects green innovation is dissected and panel data from 278 Chinese
cities covering the period of 2011 to 2019 are collected to empirically test
both the qua...
Examining the effects of economic growth pressure on green total factor productivity: evidence from China
Economic Change and Restructuring - Tập 56 Số 6 - Trang 4309-4337 - 2023
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