Exports to Jobs: Boosting the Gains from Trade in South Asia

Artuç, Erhan; Lopez-Acevedo, Gladys; Robertson, Raymond; Samaan, Daniel

doi:10.1596/978-1-4648-1248-4

Cited by 31 publications

(17 citation statements)

References 51 publications

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“…As Indian import portfolio was majorly dependent of crude oil, therefore the import substitution policies in India has been able to reduce the import of crude oil and other petroleum products, and consequently, the level of CO 2 emissions. A recent report by World Bank (Artuc et al, 2019) has reflected this achievement by Indian government, and they have stressed on replicating this practice for the other Asian countries as a first stepping stone towards achieving the SDGs by 2030. On this ground, Ali and Abdullah (2015) found that trade intensification causes rise in the level of CO 2 emissions in Malaysia, whereas Hossain (2011) found the similar impact for Thailand, and Shahzad et al (2017) found the same for Pakistan.…”

Section: Ivi Long-run Resultsmentioning

confidence: 99%

“…In such a scenario, in order to sustain the economic growth pattern, the policymakers are trying to bring amendments in the trade pattern, so that the dependence on imported natural resources can be reduced, while the domestic production can be given a boost to create employment. A recent report by World Bank (Artuc et al, 2019) states that India might set an example for the South Asian economies the envisaging import substitution policies as a mean to achieve sustainable development. Based on this discussion, India can be considered as a case study for the South Asian and Asia Pacific economies in their endeavors to achieve the SDG objectives, and the learnings for the Indian context can be utilized in these nations.…”

Section: Introductionmentioning

confidence: 99%

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Analyzing nonlinear impact of economic growth drivers on CO2 emissions: Designing an SDG framework for India

Shahbaz

Sharma

Sinha³

et al. 2021

Energy Policy

185

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Several Asian countries are facing challenges regarding accomplishment of the objectives of Sustainable Development Goals (SDGs), and India is facing a similar situation. Following this, this study talks about designing an SDG framework for India, which can be used as a benchmark for the other Asian countries. In this pursuit, this study looks into whether per capita income, energy use, trade openness, and oil price have any impact on CO 2 emissions between 1980 and 2019. The nonlinear autoregressive distributed lag approach proves that the fluctuations in independent variables have an asymmetric long-term impact on CO 2 emissions. The results reveal that the prevailing economic growth pattern in India is environmentally unsustainable, because of its dependence on fossil fuel-based energy consumption and imported crude oil. Import substitution has been identified as one of the first stepping stones to address this issue, and accordingly, a multipronged SDG framework has been designed based on the direct and extended version of the study outcomes. While the Central policy framework shows a way to address SDG 7, SDG 8, SDG 12, and SDG 13, the Tangential policy framework shows the way to sustain the Central policy framework by addressing SDG 4.

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Section: Ivi Long-run Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Analyzing nonlinear impact of economic growth drivers on CO2 emissions: Designing an SDG framework for India

Shahbaz

Sharma

Sinha³

et al. 2021

Energy Policy

185

View full text Add to dashboard Cite

show abstract

“…This sector is associated with lower productivity and weaker access to finance, a barrier to productive investment and a constraint on firms. Encouraging participation in GVCs and enhancing a businessfriendly regulatory and tax environment can promote resource reallocation from less productive informal activities to more productive formal ones in SAR (Amin, Ohnsorge, and Okou 2019;Artuc et al 2019).…”

Section: Enhancing Firm Productivitymentioning

confidence: 99%

Global Productivity: Trends, Drivers, and Policies

Dieppe

2020

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Productivity growth is the key driver of sustainable income growth and poverty reduction. Its effects on human welfare are enormous. While economists agree on the importance of productivity, its measurement and drivers remain elusive. We sometime refer to productivity as a "residual" or even as a "measure of our ignorance." This important book analyzes the trends and drivers of productivity growth, with a special focus on emerging and developing countries. It uses state-ofthe-art econometric techniques and brings together the analysis of a wide range of productivity drivers which, so far, have been analyzed in isolation. It also discusses the impact of COVID-19 on productivity growth. Reading this book will help in reducing our ignorance on the most important driver of human well-being.

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“…In this respect, South Asian countries are required to strive more to integrate into global markets (Mahmood and Ahmed, 2017) in order maintain its ascending progress trajectory. It is also propagated that this would not also create more employment in these economies (Brooks and Go, 2012) yet also up lift the well-being of people (Artuc et al, 2019).…”

Section: Currency Depreciation and Exports: A Recent South Asian Contextmentioning

confidence: 99%

The Impact of Currency Depreciation on Exports of SAARC Countries

Kumar

Begam

2020

Asian Journal of Economic Modelling

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Conventionally, it is believed that decline in value of currency tends to improve exports due to relatively cheaper items making imports expensive specifically for developing economies. Hence, the aim of the study is to investigate the impact of currency depreciation on exports of SAARC countries from 1981 to 2017 using panel ARDL and ECM techniques. Correspondingly, four SAARC countries-Bangladesh, India, Pakistan, and Sri Lanka have been selected employing the data of real effective exchange rate, exports, inflation, and gross capital formation. The panel ARDL model has approved an inverse association of currency depreciation with exports in the long run and significant implication of ECM in the short run. The estimated findings have pointed towards the prevailing circumstances at both regional and country level. An inelastic nature of exportable products; lack of market diversification, confinement of domestic demand in international markets; and limited regional integration among SAARC economies are the prominent attributes of deteriorating exports. Precisely, these elements restrict the economies to bear the fruits of currency depreciation. It is concluded that SAARC economies have the potential to enhance their exports as these virtually exhibit same production patterns; and divergent comparative advantages. It is thus essential for the countries to cope up with inter and intra-regional risks and issues immediately in order to grab wider global economic prospects through enhancing exports competitiveness. Contribution/ Originality: The study contributes in the literature while providing the implication of currency depreciation on exports of selected economies of SAARC region. The estimated value of real effective exchange rate has been found to exert indirect pressure on exports which proves that depreciation reduces the export growth in South Asian region. 1. INTRODUCTION In today's globalized era, the impact of exchange rate on exports has grabbed the attention of economists, and policymakers. This nexus is considered significant in sundry of emerging and developing economies as exports in these economies are considered central for growth and development (Alege and Osabuohien, 2015).This could be attributed to an increase in emphasis on export-led growth with minimum trade restrictions and rapid liberalization in economies. Thus, a well mix of these strategies would assess to bear the advantages of exchange rate swings with more capital formation (Koirala, 2018). On the other side, it is also a well-established outlook that an increase in

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Exports to Jobs: Boosting the Gains from Trade in South Asia

Cited by 31 publications

References 51 publications

Analyzing nonlinear impact of economic growth drivers on CO2 emissions: Designing an SDG framework for India

Analyzing nonlinear impact of economic growth drivers on CO2 emissions: Designing an SDG framework for India

Global Productivity: Trends, Drivers, and Policies

The Impact of Currency Depreciation on Exports of SAARC Countries

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