The nexus between development and environment has been a debatable topic for years, more so when foreign direct investment (FDI is used to accelerate the economy. Since environmental Kuznets curve may not be achievable by all economies and many studies have not been able to establish a consistent relationship between FDI and environment, this study determines the liaison between FDI, GDP, and pollution in India with time series data from 1990 to 2015. While per capita GDP plotted against per capita carbon dioxide (CO2) emission indicates an alarming positive relation, the co-integration between FDI, GDP, and CO2 tested using unit root test statistics (augmented Dickey–Fuller test) for stationarity and then by Johansen and Juselius’s multivariate co-integration technique show a long-run co-integration. Since the existence of a relationship between variables does not prove causality, the variables are phrased in a vector error correction (VEC) form and vector error correction mechanism (VECM) Granger causality/block exogeneity Wald test which reveals that FDI has a positive and significant impact on pollution and GDP attracts FDI. This transitive relation suggests that FDI in pollution-controlling technology would be a feasible solution to sustainable development.
This article forecasts the future values using stochastic forecasting models for specified fitted values by using downscaling data, which are collected from Sathanoor Dam gauging site. Due to the demand of the water in this current scenario, this study analyzed the perdays Discharge level data collected from Sathanoor Dam where the outcome is predicted in a downscaling data sets in hydrology, extended Thomas –Fiering, ARIMA, MLE models, is used to estimate perdays discharge level data of each month. The error estimates RMSE, MAE of forecasts from above models is compared to identify the most suitable approaches for forecasting trend analysis.
positive processes within ASEAN that need to be nurtured and strengthened. The authors also made major recommendations from this book. They proposed that ASEAN should bring in long-term shift from the government to the people. Second, they suggested that the ASEAN organisation should grow and improve administrative capabilities. Third, they endorsed that we should promote ASEAN as a new beacon of humanity. In summing up, this book embarks on an interesting journey of ASEAN. It gives hope and optimistic perspective for developing countries in achieving regional integration like ASEAN, which has remarkable diversity in culture, religion, linguistic and civilisational differences. This book will be of interest to diplomats, scholars, researchers, industry stakeholders and policymakers with an interest in knowing more about ASEAN.
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