This study provides a comparative analysis of the economic growth paths of Ukraine and Poland from a growth‑model perspective and determines how to calibrate Ukraine’s growth model to converge with Poland’s booming economy. The methodology comprises an approach to operationalizing growth models for GDP growth decomposition into “import‑adjusted” de...
In the field of economics and regional research, income convergence between countries and regions has been analysed since the 1980s. At the beginning of the 21st century, a number of articles addressing income convergence of European Union (EU) countries were published, which was among many topics related to the accession of 12 countries to the EU ...
The purpose of the article. The relationship between economic growth and financial development has long been widely discussed in scientific circles. Most empirical research has led to the clear conclusion that financial markets stimulate economic development. However, in the case of financial markets in developing countries, this conclusion is not ...
Published in Reviews on Environmental Health
The motivation of this study is to analyze the relationship between economic growth, health expenditures, environmental pollution, gross fixed capital formation and labor force by using annual data of E7 countries for the period 2000 to 2018. The co-integration coefficient of the variables was analyzed using the PMG technique, and the causality rel...
The present study aims to assess the impact of economic diversification and digitalization on economic growth in Saudi Arabia during the period 1990–2021. We have looked into this relationship in both the overall economic and non-oil economic sectors using the autoregressive distributed lag (ARDL) cointegration approach. The empirical results offer...
In this study, the effects on economic growth of financial pressure policies applied in OECD countries are examined. For this purpose, the “financial pressure index (FPI)” was calculated by using 10- year data for 2010–2020 from 37 OECD countries and “growth rates” were obtained. The FPI was calculated using (i) loans extended to the pri¬vate secto...
We introduce the notion of wariness in overlapping generations models and explore its effects on economic growth. In an exogenous growth model, under standard assumptions, we prove that the capital stock converges to a steady state. We then explore conditions under which this steady state is increasing (or decreasing) in the wariness level. We also...
Published in Frontiers in Environmental Science
Background Green development, which is crucial because of the escalating ecological and environmental issues, is largely driven by industrial transformation and environmental legislation. Purpose The paper aims to examine the combined effects of environmental regulations and industrial change on the green economy, based on their separate effects. M...
Published in Frontiers in Political Science
This study investigates the spatial effects of armed conflict on Sub-Saharan Africa’s (SSA) economic growth, focusing on Central Africa, East Africa, and West Africa. Utilizing Spatial Durblin Model (SDM), the analysis reveals significant spatial effects of armed conflict intensity, indicating that conflict in neighboring countries influences confl...
Published in Frontiers in Environmental Science
