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This paper presents a numerical examination of sustainability from the perspective of quot;Genuine Savings,quot; using a data set provided by the World Bank. Unlike previously-used criteria of sustainability that focuses on observed paths of genuine savings rates, we consider future...
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This article empirically investigates the Environmental Kuznets Curve (EKC) for CO<sub>2</sub> emissions in the cases of 11 OECD countries by taking into account the role of nuclear energy in electricity production. The autoregressive distributed lag approach to cointegration is employed as the estimation...
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We investigate the effect of foreign direct investment (FDI) on economic growth in 130 countries from 1995 to 2008, considering the role of corruption in each country as an absorptive factor. The estimation results indicate that although FDI alone does not promote economic growth, it has a...
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