Aging Population and Economic Growth in Developing Countries: A Quantile Regression Approach

Pham, Thach N.; Vo, Duc Hong

doi:10.1080/1540496x.2019.1698418

Cited by 31 publications

(29 citation statements)

References 36 publications

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“…Arguing further, Zietz, Zietz and Sirmans state that quantile regression is based on the minimisation of weighted absolute deviations to estimate conditional quantile functions unlike the classical OLS estimates of conditional mean functions., that is, quantile regression is not only about explaining the mean of the regressand but also the determinant of the regressand at any point of its distribution. Pham and Vo (2021), as well as Baker, Pham, Daniel and Bentley (2020), also add to the argument in favour of quantile regression over OLS. They argue that quantile regression estimators are not susceptible to outliers as such it is capable of revealing the importance of differences distributional results.…”

Section: Methodsmentioning

confidence: 99%

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Interconnectedness between Commodity Futures and Spot Prices: A Comparative Analysis between Ordinary Least Square (OLS) and Quantile Regression (QR)

Amoah¹

2021

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The study sought to contribute to the extant literature on the interconnectedness between commodity spot prices and futures prices by covering daily data from 2001-2019. Employing the OLS and the QR, different dynamics of the relationship between commodity spot and futures prices emerged from the study. For oil and gold prices, OLS estimator revealed that neither spot nor futures prices of the commodities had a significant effect on the other. Quantile regression estimators however suggested otherwise. For oil prices, futures prices were found to have a significant positive effect on spot oil prices at the 60 th and 75 th percentile whereas spot oil prices were found to have a significant positive effect on the futures oil prices at the lower tail (0.1, 0.2, and 0.25 quantiles). For gold prices, futures gold prices had a significant positive effect on spot gold prices at the 75 th percentile (3 rd quantile) marked as the upper tail of the distribution whereas a significant negative effect was revealed at the middle quantile (50 th percentile). For cocoa prices, both the OLS and the QR estimators were significant in either direction. A significant positive effect of futures (spot) cocoa price on spot (futures) cocoa price was observed across all quantiles in both directions. The results suggest that speculators and arbitrageurs in the commodity market must be concerned about the causality moving from one direction to another and take appropriate investment positions that protect their interests.

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Section: Methodsmentioning

confidence: 99%

“…is the quantile to be estimated. Following the work of Pham and Vo (2021) and subsequently adopting their model, quantile regression estimator is described as:…”

Section: Quantile Regression Model (Qrm)mentioning

confidence: 99%

Interconnectedness between Commodity Futures and Spot Prices: A Comparative Analysis between Ordinary Least Square (OLS) and Quantile Regression (QR)

Amoah¹

2021

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“…Las sociedades hodiernas, ahora desarrolladas, se deparan con el contratiempo de repensar sus mecanismos de estructuración social, pese al aumento exponencial de individuos que alcanzan edades superiores a los 65 años. Se trata de los efectos secundarios del fenómeno social de envejecimiento poblacional, entendido como la explosión demográfica [babyboom] de los años 40 y 60, la combinación de la disminución de las tasas de fertilidad, la disminución de las tasas de mortalidad y el aumento de la esperanza de vida (1). Con una evidente pirámide etaria inversa, se expresa la necesidad de proporcionar una atención sanitaria integral a los ciudadanos envejecidos, contemplando los elevados índices de afección crónica, dependencia funcional y farmacológica, prevalentes en la vejez (2).…”

Section: Introductionunclassified

“…Eso se cumple justamente por ser el envejecimiento humano un proceso heterogéneo, subjetivo e individual, debiendo ser observado a través de los lentes biológico, social, económico, político y ambiental (3,4). Cabe de igual manera entender que la producción de actos en salud 1 , específicamente en el área geriátrica-gerontológica, posee un diferencial que merece ser destacado (5).…”

Section: Introductionunclassified

Entre lo que se dice y lo que se calla: visitando el concepto de empatía en la atención integral a la salud del adulto mayor

et al. 2021

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La atención integral a la salud del adulto mayor es considerada una de las tareas más dinámicas y complejas para los sistemas públicos de salud y de asistencia social. Esta revisión narrativa constituye un ensayo crítico-analítico, de reflexión gerontológica sobre la práctica empática en la producción de actos de salud direccionados a resolver los problemas socio-sanitarios del segmento poblacional envejecido. Con tal visión, se propone una comprensión conceptual y práctica de la empatía, a través de la identificación de sus potencialidades y limitaciones en el contexto de la clínica geriátrica-gerontológica. Comprehensive health care for older adults is considered one of the most dynamic and complex tasks for public health and social care systems. This narrative review constitutes a critical-analytical essay of gerontological reflection on the empathic practice in the production of health acts aimed at solving the socio-health problems of the aging population segment. With such view, a conceptual and practical understanding of empathy is proposed, through the identification of its potentialities and limitations in the context of the geriatric-gerontological clinic. A atenção integral à saúde do idoso é uma das tarefas mais dinâmicas e complexas dos sistemas de saúde pública e de assistência social. Esta revisão narrativa constitui um ensaio crítico-analítico, de reflexão gerontológica sobre a prática empática na produção de atos de saúde dirigidos a resolver os problemas sócio-sanitários do segmento populacional envelhecido. Com tal visão, propõe-se uma compreensão conceitual e prática da empatia, através da identificação das suas potencialidades e limitações no contexto da clínica geriátrico-gerontológica.

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“…The power and position of a country in the world market are based on the development of its economy. Moreover, the increase in the EG of a country enhances the supply of public goods, creates employment opportunities, reduces poverty, increases people's living standards and social well-being (Baloch et al, 2021;Pham & Vo, 2021). Economic growth is based on individual economic sectors and equity levels Eggoh, Bangake, & Semedo, 2019).…”

Section: Introductionmentioning

confidence: 99%

Impact of Tourism Growth and FDI on Economic Growth: Evidence from South Asian Countries

Bhatti¹,

Marri²,

Azam³

2021

iRASD J. Eco.

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Nowadays, economic growth has again gained global attention because of the uncertainty in global economic conditions and attracts the focus of regulators and recent research studies. In this scenario, this study examines the role of tourism growth and foreign direct investment (FDI) on the economic growth of South Asian countries. This study has used the interest rate and population growth as the control variables. The secondary data has been extracted from the world development indicators (WDI) from 2001 to 2020. The fixed effect model (FEM) and generalized method of moments (GMM) are run to test the linkage among the variables. The results expose that tourism growth, FDI, interest rate, and population growth have a positive and significant effect on the economic growth in South Asian countries. The results provide guidelines to the regulators and furnish policies regarding economic growth for tourism growth.

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Aging Population and Economic Growth in Developing Countries: A Quantile Regression Approach

Cited by 31 publications

References 36 publications

Interconnectedness between Commodity Futures and Spot Prices: A Comparative Analysis between Ordinary Least Square (OLS) and Quantile Regression (QR)

Interconnectedness between Commodity Futures and Spot Prices: A Comparative Analysis between Ordinary Least Square (OLS) and Quantile Regression (QR)

Entre lo que se dice y lo que se calla: visitando el concepto de empatía en la atención integral a la salud del adulto mayor

Impact of Tourism Growth and FDI on Economic Growth: Evidence from South Asian Countries

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