B P International

Aims: This study examined the short-run and long-run dynamic relationship between economic growth and environmental pollution in Brunei. We adopted Auto Regressive Distributed Lag (ARDL) model to scrutinize the existence of the Environmental Kuznets Curve (EKC) among the studying variables by using time series data cover the period of 1974 to 2014.  Methodology: The ARDL bound test revealed the existence of a long-run relationship among the integrated variables when CO2 chosen as a dependent variable. Results: The results support the existences of EKC hypotheses in the long-run whereas in the shortrun an inverted U-shaped curve was not confirmed between GDP and CO2 in Brunei. The results of Granger causality based on VECM analysis have shown unidirectional causality runs from economic growth to CO2 in the short-run. Further analysis through stability test indicates the coefficients in the model are stable and do not suffer from structural break within the time taken in the study. ...

The objective of this chapter is to identify the effect of political instability on investment and economic growth. By using a dynamic balanced panel data model applied on annual data from 11 countries from the Middle East and North Africa (MENA) region over the period of 2000 to 2009. The political instability’ effect on the contribution of investment to economic growth has been the subject of a second empirical study using a simultaneous equation model conducted on a sample of 33 countries over the period 2000-2015.The main outcomes drawn by these two empirical tests prove that there is no effect of political instability on investment and economic growth and a negative interaction between political instability and investment. This finding confirms the idea that the importance of political institutions lies in the preparation of good economic institutions. Thus, political institutions indirectly influence economic performance. Author(s) Details Zouhaier Hadhek Higher Insti...

External debts can have either positive or negative effects on the economic growth of country’s economy. If external debts are used for development expenditure then the country may benefit because development expenditure like infrastructure may have a multiplier effect on boosting economic growth. This paper examines the impact of public debt on economic growth in Tanzania for the period 1970 to 2015. The study utilized co-integration and Vector Error Correction Mechanism (VECM) Approach to test the relationship between public debt and economic growth and granger causality test to examine the causal relationship between variable. The unit root tests showed that all variables were integrated after taking the first difference, the Johansen co-integration result showed that the variables were co-integrated. The VECM estimate showed that there is a negative relationship between public debt and economic growth in Tanzania over the study period. In addition, granger causality test reveale...

HIV/AIDS is seen as not only the leading cause of death in SSA region but a major public health challenge. Currently, 13% of total population workforce in the region lives with the epidemic; the above means that one in every ten adults in the region is HIV/AIDS positive. Regrettably so, there is a link between the epidemic prevalence and poverty. As a result, the study empirically examined the impact of HIV/AIDS burden on economic growth in selected Sub-Saharan Africa (SSA) countries: Evidence from a dynamic system GMM estimates utilizing cross-country series of 18 countries in the  region for the period of 1986-2015. The choice of the selected 18 SSA countries was driven by factors such as degree of prevalence of the epidemic, level of economic growth and regional affiliations resulting in four major regional blocs: SADC, ECOWAS, CEMAC and COMESA. Expectedly, the study employed a two-step dynamic Blundell-Bond system GMM panel estimation technique alongside with the Diebold and ...