International trade and economic growth: evidence from a panel ARDL-PMG approach

Bardi, Wajdi; Hfaiedh, Mohamed Ali

doi:10.1007/s10368-021-00507-4

Cited by 18 publications

(9 citation statements)

References 44 publications

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“…However, this is done at the expense of less developed nations' economies. The "pollution haven" theory postulates that wealthier countries outsource environmentally harmful industrial operations to less developed countries where environmental regulations are slack Bardi and Hfaiedh (2021). The main reason for this is that when incomes rise, people prioritize their quality of life and put more pressure on the government to enact regulations that protect the environment.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Globalization and energy consumption's effect on Japan's ecological imprint: Implications for environmental sustainability

Damak,

Güngör

2023

Sustainable Development

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This research explores the effect of globalization, economic growth, and energy consumption on Japan's ecological imprint using annual time series data from 1990 to 2021. The research used Granger causality tests, autoregressive distributed lag (ARDL), and dynamic ordinary least squares (DOLS). Empirical data shows globalization and non‐renewable energy consumption positively impact Japan's ecological imprint, whereas long‐run renewable energy usage and gross domestic product (GDP) have inverse effects. The short‐run outcome reveals a direct correlation between GDP and ecological imprint but a negative correlation between globalization, renewable energy usage and non‐renewable energy usage on the ecological imprint. DOLS coefficients are insignificant, even if they are negligible at the 5% level; the DOLS results concurred with the long‐term ARDL. Renewable and non‐renewable energy usage have an ecological impact, yet non‐renewable energy usage granger cause the use of renewable energy usage, according to the Granger causality findings. The results also show a causal link between globalization and the adoption of renewable energy.

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Section: Theoretical Frameworkmentioning

confidence: 99%

Globalization and energy consumption's effect on Japan's ecological imprint: Implications for environmental sustainability

Damak,

Güngör

2023

Sustainable Development

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“…Bu nedenle ülkelerin ticari serbestleşmeyi kademeli olarak gerçekleştirirken kurumların güçlendirilmesi gerektiği vurgulanmıştır. Bardi ve Hfaiedh (2021), çalışmalarında ticari açıklığın Akdeniz'e kıyısı olan sekiz ülkenin ekonomik büyümesi üzerindeki etkisini 1975-2016 dönemi için panel ARDL yöntemi kullanarak incelemiştir. Çalışmanın sonuçlarına göre ticari ve finansal açıklık değişkenleri ekonomik büyümeyi desteklemektedir.…”

Section: Teori̇k Arka Plan Ve Li̇teratür Taramasiunclassified

OECD Ülkelerinde Ticari Açıklık ve Ekonomik Büyüme İlişkisi: Panel Veri Analizi

Cenikli

2023

Akademik Araştırmalar Ve Çalışmalar Dergisi (AKAD)

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Amaç: Bu araştırmanın amacı 1997-2020 yılları arasında Ekonomik İşbirliği ve Kalkınma Teşkilatı (OECD) ülkeleri için ticari açıklığın ekonomik büyüme üzerindeki etkisini analiz etmektir. Tasarım/Yöntem: Bu çalışmada ilgili literatürden yararlanılarak Cobb-Douglas üretim fonksiyonu ticari açıklık değişkeni eklenerek genişletilmiştir. Panel veri analiz yöntemi kullanılan çalışmada Westerlund eşbütünleşme testi uygulanmış ve seriler arasında eşbütünleşme ilişkisi bulunmuştur. Sonrasında değişkenler arasında nedensellik ilişkisinin yönünün tespit edilmesi için Dumitrescu Hurlin Panel Nedensellik Testi uygulanmıştır. Bulgular: Nedensellik testi sonuçlarına göre dışa açıklık ve ekonomik büyüme arasında çift yönlü nedensellik ilişkisi saptanmıştır. AMG tahmincisi (Augmented Mean Group Estimator) sonuçlarına göre panelin genelinde ticari açıklığın ekonomik büyümeyi olumlu etkilediği sonucuna ulaşılmıştır. Sınırlılıklar: OECD üyesi ülkelerde kullanılan değişkenlere ait verilerin eksiksiz olarak ele alınması için analiz 1997 yılından başlanmıştır. Özgünlük/Değer: Ticari açıklığın ekonomik büyüme üzerindeki etkisi her ülkede olumlu ve olumsuz anlamda farklılık göstermektedir. Bu nedenle dışa açılmanın büyüme üzerindeki etkilerinin ülke ve ülke gruplarında nasıl bir etkiye sahip olduğunu tespit etmek önemlidir. OECD örnekleminde bu konunun araştırılmaya devam edilmesi alana katkı sağlayacağı düşünülmüştür.

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“…The results of the short-term relationship estimation indicated a strong positive relation between exports and domestic investments, and also a negative but statistically irrelevant association amongst imports and exchange rates. Bardi and Hfaiedh (2021) examined the effect of trade openness on the economic growth of Mediterranean countries using the ARDL panel method for eight countries between 1975 and 2016. The findings revealed that economic development and trade openness have a oneway causal relationship.…”

Section: Literaturementioning

confidence: 99%

The Dynamics Affecting the Export-Import Ratio in Turkey: A Hybrid Model Proposal with Econometrics and Machine Learning Approach

Özden¹

2022

jepr

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The indicators related to foreign trade are conventionally measured in a currency or as the ratio of the country's gross domestic products. The ratio of exports to imports, alternatively, provides more useful results when comparing the foreign trade performance of economies both over time and with other countries as a unit-free indicator. In this study, the macroeconomics and financial determinants affecting this ratio are examined both econometrically and using the machine learning method. In this context, the autoregressive distributed lag model method was first used to investigate the relationship between normalized gross domestic products, exchange rate, consumer price index, producer price index, crude oil and Turkey's ratio of exports to imports rate between 2010-2021, monthly. Long-term analysis showed that the 1% depreciation of the Turkish Liras against the US dollar increased the ratio of exports to imports rate by 0.7 points. In addition, a 1% increase in consumer price index will increase ratio of exports to imports by 1.9 points, while a 1% increase in producer price index will cause a -0.8 point decrease on the ratio of exports to imports. Then, the pattern between the variables was analyzed with quadratic support vector machine, a machine learning method. Finally, the novel ARDL-SVM hybrid method was developed, and the pattern between the variables was examined. The findings revealed that although the econometric method provided a broader scope for interpreting the relationships between variables, the developed ARDL-SVM method successfully captured patterns between variables.

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International trade and economic growth: evidence from a panel ARDL-PMG approach

Cited by 18 publications

References 44 publications

Globalization and energy consumption's effect on Japan's ecological imprint: Implications for environmental sustainability

Globalization and energy consumption's effect on Japan's ecological imprint: Implications for environmental sustainability

OECD Ülkelerinde Ticari Açıklık ve Ekonomik Büyüme İlişkisi: Panel Veri Analizi

The Dynamics Affecting the Export-Import Ratio in Turkey: A Hybrid Model Proposal with Econometrics and Machine Learning Approach

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