This paper investigates the relationship between greenhouse gas emissions, energy consumption, and output growth among African OPEC countries (Libya, Nigeria, Angola, Algeria, Equatorial Guinea, Gabon) using panel autoregressive distributed lag model (PARDL) estimated by means of mean group (MG) pooled (PMG) for period 1970-2016. The three models comprising components gasses which includes nitrous oxide, carbon dioxide (CO2), methane examined their with economic consumption. findings study...

Africa continues to endure the negative effects of climate change, which have become increasingly visible in agricultural sector, posing challenges policies aimed at price stability and economic growth. Thus, this study applies Structural Auto-regression (SVAR) model estimate impact change on output inflation Egypt, Nigeria, South using monthly data from 2002M01 2020M12. The findings reveal that a rise reduces real its potential level causes increases food as well general consumer prices...

Э лектронный журнал «Экономическая социология» издаётся с 2000 г.Учредителями являются Национальный исследовательский университет «Высшая школа экономики» (с 2007 г.) и Вадим Валерьевич Радаев (главный редактор).Цель журнала -утверждать международные стандарты экономико-социологических исследований в России, представлять современные работы российских зарубежных авторов области экономической социологии, информировать профессиональное сообщество о новых актуальных публикациях исследовательских...

The captivating surge of energy transitions in the major industrialized nations has elevated global demand for critical minerals. pattern enabled mineral-abundant emerging economies like Indonesia to enter international market by exporting mineral goods. Accordingly, we investigate Indonesian export supply's response renewable production 18 clean energy-generating countries, considering crude oil and prices, exchange rates, economic growth resource importer countries from 1990 2020. In doing...

Abstract The interaction of global uncertainty and geopolitical risks with energy price fluctuations has remained a critical issue. This can impact several regions' macroeconomic performance welfare by making fundamental forecasting more difficult, which may lead to exuberant behaviour. To help producers, consumers, regulators make informed decisions in the face volatile uncertain markets, it is highlight how these uncertainties influence exuberance. In this light, study examines on...

ABSTRACT Public debt in the United States has continued to rise despite implementation of various policy measures aimed at curbing its growth. The Autoregressive Distributed Lag (ARDL) and Dynamic Simulated ARDL models were used examine effect fiscal stance rules on dynamics US public debt. findings reveal that while tightening is useful reducing accumulation, adoption may be unbeneficial for curtailing debt, implying discretion, rather than rules, more desirable management States.

Recently, the inflationary impacts of climate change shocks have emerged among key constraints to price and financial stability. In line with this development, some Central banks are incorporating risks in their surveillance activities. Thus, study examines asymmetric impact on food general consumer prices Algeria, Egypt, Nigeria, South Africa. The employs a panel quantile via moment’s method wavelet coherency analysis for monthly from 2000M01 2023M12. empirical results reveal that, first,...

Purpose This study examines the effect of public debt on economic growth OECD countries by disentangling into permanent and transitory components. The covers 37 countries. Design/methodology/approach Mundlak decomposition was employed to decompose its growth. To account for potential endogeneity problem, Hausman Taylor estimator estimate decomposed model. Further, disaggregated model country group models further analysis dynamics relationship between variables. Findings findings reveal that...

Purpose The recent Russia–Ukraine conflict highlights the geopolitical importance of natural gas, especially in Europe. In this light, study examines impact on spread price bubbles from European gas to international energy prices. Design/methodology/approach Generalized Supremum Augmented Dickey-Fuller (GSADF) test is employed detect occurrence bubble episodes while Dynamic Logit Model used examine contagion between two markets. Further, a tri-variate VAR model determinants bubble. Findings...

The United Kingdom is among the countries experiencing a cost-of-living crisis believed to be influenced, at least in part, by dynamics of international oil and gas markets. To this end, study aims achieve two objectives. Firstly, dynamic association between UK's inflation prices examined. Further, examines whether response energy price (a)symmetric. This adopts wavelet coherency determine co-movement inflation. In addition, simulated autoregressive distributed lag model (DS-ARDL) used...

Africa's pursuit of inclusive and sustainable economic growth is impeded by many challenges, including climate change, whose effect most apparent in the continent's tropical regions. To this end, study investigates impact change on achieving pro-poor Africa. Predicated poverty-inequality-climate analysis, Augmented Mean Group (AMG) estimator used to analyse data from 1996 2020 covering 51 African countries. The results reveal that significantly impedes growth. Furthermore, evidence a...

This study examines the impact of geopolitical risks on price exuberance within European natural gas market. The analysis identifies several instances and demonstrates that increased risk in Ukraine UK significantly heightens exuberance, whereas Russia, it mitigates its occurrence. Although could influence market, effect differs across countries.

Structural transformation is a compelling measure of economic progress as it shifts from less productive to more sectors, spurred by technological improvement and digitalisation. Despite the benefits structural in fostering growth, has been contended that will exacerbate income inequality. Given critical role digitalisation over years Africa, current study investigates pattern impact on inclusive growth. To accomplish this, we utilised both absolute (poverty) relative (income inequality)...

Over the years, some regions of Africa have witnessed stable economic growth, which could not be considered pro-poor or inclusive given region’s high rate poverty and income inequality. Development aid flow, on other hand, has been contended to a strategy, play key role in drive towards achievement sustainable, growth Africa. Thus, purpose this paper is evaluate development aid, argued welfare-enhancing, especially developing countries, taking into account digitalization. The research...

Relevance. Foreign investment is likely to be attracted resource-rich countries because of their wealth natural resources. However, the fact that foreign direct (FDI) contributes less than 10% these countries’ GDP indicates FDI has a non-proportional impact when compared size Hence, it critical identify missing link impeding resource optimization through FDI. Research objective. Given significance FDI, study seeks ascertain whether quality institutions in influences inflows. This significant...

In recent times, Africa has experienced remarkable economic growth; nonetheless, this advancement remains far from being considered inclusive, given the persistently high levels of poverty and income inequality across continent. To end, study investigates role fiscal policy measures on inclusive growth using absolute relative pro-poor growth. The utilizes panel data 48 African countries spanning period 1996 to 2020 employs Panel System Generalized Method Moments (GMM) technique for analysis....

Purpose This paper aims to examine the impact of United States (US) financial sanctions on international dominance US dollar. Design/methodology/approach The survival analysis technique, which incorporates and hazard probabilities determine probability central banks' reserve recalibration, is adopted for analysis. Findings result shows that banks recalibrating dollar share their official currencies would increase by 60% every ten additional States. could imply more might have unintended...