Canh Phuc Nguyen

University of Economics Ho Chi Minh City · School of Public Finance and HAPRI

This article examines the influence of tourism on income inequality on a global sample. Our analysis uses various econometric techniques for panel data including 97 countries over the period 2002–2014 categorized into three subsamples: 30 low- and lower-middle-income economies (LMEs), 25 upper-middle-income economies (UMEs), and 42 high-income econ...

This study examines the influence of domestic tourism on economic vulnerability index (EVI). Domestic tourism spending has a significant effect in reducing EVI. These results are consistent with two sub-indices of EVI (shock index and exposure index). Interestingly, it is found that: (i) this impact is consistent in low- and lower-middle-income cou...

This study endeavours to examine the influences of tourism and institutional quality and their association on environmental sustainability. Specifically, the study uses principal component analysis to construct three reduced environmental sustainability indices for 134 countries from 2002 to 2015 (based on data availability). First, the reduced env...

This study investigates the nexus between tourism development and gender (in)equality in a global sample of 111 economies from 1995 to 2017. Notably, this study (i) examines mutual relationships between the two factors, and (ii) carries out a comprehensive and inclusive analysis of three kinds of tourism (domestic, outbound, and international), usi...

Reflecting the geography of economic activities, economic complexity may be important for the shadow economy. This study is the first attempt to analyse the influence of economic complexity on the shadow economy. Analyses are carried out for 115 economies and three subsamples (i.e., 45 low- and lower-middle-income economies (LMEs); 32 upper-middle-...

This study quantifies the economic impacts of SARS on the four affected Asian economies (China, Hong Kong, Taiwan, and Singapore) and the most affected Chinese provinces/cities (Beijing, Guangdong, Hebei, and Shanxi) using the synthetic control method with macroeconomic and remote-sensing night-light data. For the four affected economies, we find o...

This study examines the influences of institutions, the Internet and mobile usage on the trade balance of African countries between 2003 and 2017. Our empirical results have been estimated with a panel‐corrected standard error method (PSCE) and they have been confirmed by several alternative techniques. First, the increase of internet usage and mob...

This paper analyses the effects of the shadow economy on the total tourism spending of citizens for 84 countries from 1995 to 2017. The empirical framework is that of panel quantile regression with fixed effects. We also analyse the simultaneous effects of the shadow economy on domestic and outbound tourism spending using seemingly unrelated regres...

To examine a nonlinear relationship between entrepreneurship density and natural resource rents, this study applies the panel-corrected standard errors (PCSE) estimator to a sample of 87 countries over the period of 2006–2016. Estimation results show strong evidence of the nonlinear relationship between the two variables. The influence of entrepren...

This study investigates the influences of economic uncertainty and Internet usage on the informal economy. Notably, the study focuses on the effects of the association of economic uncertainty and Internet usage on the informal economy. The empirical analysis is carried out for a global sample of 124 economies from 1996 to 2017. Applying different e...

Previous studies indicate that the shadow economy is truly an environmental foe, with positive linkages with energy intensity, air pollution, and emissions. This study extends the literature by considering the environmental influence of the shadow economy on one of the most important components of the ecosystem, the forest. The analysis is carried...

This study analyses the determinants of FDI inflows in tourism with an emphasis on the cultural determinants for a global sample of countries. More specifically, we examine the role of the presence of UNESCO Heritage sites as a factor of tourism FDI. The results show that the recognition of UNESCO Heritage sites, along with domestic tourism demand...

Internet and mobile usages require digital tools that became familiar to all of us but whose industries create significant amount of CO2 emissions. The growing importance of communication channels usually enhances the institutional quality but it also generates a gradual increase in activities producing CO2 that, in turn, negatively affect the inst...

This study endeavours to extend understanding of the influence of tourism development on forest land for a global sample of 138 economies comprising four income groups and seven regions. The results are as follows. First, tourism development seems to have a positive association with forest land in the short run, but appears to reduce forest land si...

This study examines the influence of Internet development, institutional quality, and economic integration on economic complexity defined as the productive capabilities of a country and represented by Economic Complexity Index (ECI). Because ECI looks to explain the knowledge accumulation in the population and expressed in economic activities, this...

Purpose This study investigates the effect of global and domestic uncertainty on the dynamics of portfolio investment in 21 economies (mostly advanced and larger emerging economies) over the period 2001–2016. Design/methodology/approach Specifically, the evolution of the net portfolio equity investment inflows (FPI net inflows) and the evolution o...

Financial development is an important driver of technological progress in economic development. Its role in environmental change has not been well examined. We endeavor to examine the non-linear effects of multi-dimensional financial development measures on four kinds of ecological footprints in a global sample of 124 economies. We apply a two-step...

This study examines the effects of global uncertainty and its associations with each country's external debt and shadow economy on the government expenditures for a sample of 69 low and middle-income economies. Firstly, a higher external debt and a higher shadow economy reduce the ratio of government consumption to output. Secondly, an increase in...

This study examines the extent to which countries’ economic complexity and export diversification can help them to absorb external shocks in a context of global uncertainties. Our findings show that countries are vulnerable to external shocks of commodity prices and geopolitical risk. Furthermore, a higher economic complexity reduces the economic g...

Energy consumption and CO2 emissions are agreed as the main causes of global warming and climate change, which are causing several extreme weather events in recent decades. However, there is little understanding how humans adjust their behaviours in energy consumption and emissions in responding to these natural threats. This study aims to examine...

Background: As a breakthrough technology, big data provides an opportunity for organizations to acquire business value and enhance competitiveness. Many companies have listed big data analytics (BDA) as one of their top priorities. However, research shows that managers are still reluctant to change their work patterns to utilize this new technology...

This study endeavors to explore the impact of knowledge materialized in production on the environment by examining the influences of economic complexity on ecological footprints. The empirical analysis is carried out for a global sample of 95 economies comprising 30 low- and lower-middle-income economies, 27 upper-middle-income economies, and 38 hi...

This study examines how fiscal decentralization affects the quality of governance and public administration. Using a balanced panel dataset of 63 provinces in Vietnam over the 2011–18 period and employing the spatial Durbin model, we find that governance and public administration quality develop gradually, leading to spatial spillovers across provi...

Purpose This study aims to investigate the influences of global uncertainty indicators volatility on the domestic socioeconomic and environmental vulnerability in a sample of 54 developing countries. Design/methodology/approach The two-step system generalized method of moments estimator is recruited to deal with autoregression and endogeneity matt...

There is increasing interest in the consequences of uncertainty, yet research on its effects on gender equality is scarce. This study investigates the impact of uncertainty on gender inequality using a sample of 100 countries over the period 1991–2017. The analysis is carried out for 22 indicators of gender inequality in four dimensions (employment...

This paper compiles the data associated with a research article published in STOTEN [1]. We contribute a continuous dataset of land use/land cover (21 maps) and flood dynamics (567 maps) from 2000 to 2020 with detailed spatial data. The dataset represents figures, tables, and images illustrating the temporal and spatial distribution of land use and...

Previous literature has highlighted the relationship between export diversification and income inequality. The present study attempts to explore the influence of export quality on income inequality. A global sample of 92 economies consisting of 30 low- and lower-middle-income economies (LMEs), 21 upper-middle-income economies (UMEs), and 41 high-in...

Economic integration is increasingly recognized as an important determinant of entrepreneurship. This study thus employs institutional theory to examine the influences of structural changes of export dynamics via export diversification on entrepreneurship in a global sample of 61 countries over the period 2006-2014. Results from Panel-Corrected Sta...

Significant attention has been paid in the literature to the socioeconomic consequences of uncertainty; however, few studies have been devoted to the effects on corporate default risk. This study endeavours to fill this gap by investigating the influence of uncertainty on corporate default risk in the context of 26 emerging markets covering the per...

The literature shows that natural disasters adversely affect international (arrivals) tourism. However, there seems to have been a lack of consideration of the dynamics of domestic and outbound (departure) tourism consumption in respect of natural hazards. To address this gap, this study uses a unique dataset of exposure to natural hazards and copi...

This study adds to the literature on energy studies on exploring for the first time to the best of our comprehension the importance of alternative measures of economic globalization indicators on energy-based demand in the context of economic complexity dynamics for 1971 to 2018 across a panel set of 63 countries classified as high-income (HIE), up...

Energy poverty is one of the important facets of sustainable development, but less attention to the linkage of energy poverty to economic vulnerability. This study proposes that two variables would have a mutual linkage, which is tested through a sample of 73 low- and middle-income economies. By applying panel Granger causality and two-step system...

In a context of climate change and global warming, the literature paid more and more attention to the determinants of energy consumption. This article aims at examining the influences of the financial development and the institutional quality on the energy consumption in a global sample of 112 countries between 2002 and 2014. Our analysis is based...

This paper presents the first attempt to capture a comprehensive spatial view of land use change in the Vietnamese Mekong Delta (VMD) for a long period, i.e., from 2000 to 2020. It is aimed at monitoring holistically the land use change and flooding situation in the region, addressing the reasons for land use change, and assessing the impacts of la...

Purpose Given the growing importance of cryptocurrencies and the technique called “SegWit” that allows to compile more transactions in a mined block, the electricity consumed per block might potentially decrease. The purpose of this study is to consider that the difficulty to mine a block might be a better indicator of the Bitcoin\Ether’s electrici...

This article investigates the drivers of outbound tourism. The originality of our approach is that it integrates socio-environmental aspects in the demand for international tourism. This study provides an empirical analysis for panel data of 82 economies from 2002 to 2016. Several estimates for panel data are applied. The results are robust and con...

This paper aims to investigate the impacts of fiscal decentralisation on the provincial economic development in 62 Vietnamese provinces from 2011 - 2018. We estimate a Spatial Durbin Model (SDM) based on a growth model with spatial externalities. The focus of the paper is on the spatial spillover effects of fiscal decentralisation on the provincial...

This article aims at investigating the extent to which the algorithmic nature (i.e., mining process) of cryptocurrencies might influence their dynamics and interaction with some major economic indicators. Our study observes that proof-of-stake based cryptocurrencies are less correlated with other crypto-assets offering more opportunities for divers...

Remarkable economic growth and urbanization in Asia have lifted millions out of poverty and improved people's essential services. However, the environmental degradation in the region is increasing and has negative impacts on human life. There have been very few studies that evaluate multiple dimensions of environmental sustainability for Asia. This...

This study aims to examine the impact of inventions, measured by the number of new patents, on economic growth. Specifically, we focus on patents in the ICT sector for a global sample of 43 economies, comprising 26 advanced and 17 emerging market economies in the period 1998 to 2016. We use a two-step system GMM to control for potential endogeneity...

This study examines the catalytic role of trade openness in the relationships between human capital and public spending and total factor productivity (TFP) growth in 44 developing countries over the 1980–2014 period. Applying various estimation techniques to deal with autocorrelation, heteroscedasticity and cross-section dependence, the study finds...

Institutional frameworks are important for individuals’ attitudes and behaviours, and thus they are important for travel decisions. This study endeavours to examine the influence of various formal and informal institutional factors on tourism spending for a global sample of 120 countries from 2002 to 2019. Applying the two-step system generalised m...

The majority of crypto-currencies are pseudo-anonymous in a sense that they are traceable through their hashes. Very few crypto-currencies really provide strict anonymity (i.e., un-linkability) for exchanges. This article investigates the link between strictly anonymous crypto-currencies (Moreno (XMR), Dash (DASH), Verge (XVG) and the dynamics of t...

This study investigates small businesses’ financing decisions. Drawing upon asymmetric information theory, institutional theory, and relevant literature on cognitive financial constraints, human capital, and social capital, we propose a theoretical framework in which financing determinants come from three dimensions: entrepreneurs’ individual facto...

This study is the first proper attempt to examine the influence of energy poverty on productivity. Specifically, the study investigates the effects on the level and convergence of total factor productivity of no access to clean fuels and technologies for cooking; no access to electricity in the total population; no access to electricity in the rura...

This study is the first attempt to examine the influence of gender equality on economic complexity. Specifically, we investigate the effects of four aspects (employment, health, education, rights) of gender equality with 20 variables in an economic complexity index. To deal with potential endogeneity, we used the two-step system–generalized method...

The paper examines the asymmetric impacts of monetary policy and business cycles on bank risk-taking. Using a sample of 212 banks in 13 emerging Asian economies over 2009-2019, the findings claim that the impacts of monetary policy and macroeconomic fluctuations are conditional on bank-individual characteristics. Our research has highlighted the pr...

This study examines the impacts of national institutions and human capital on entrepreneurship density in a global sample of 67 economies over the period 2006–2016. Furthermore, the associations between human capital and institutions on entrepreneurial activities are investigated while controlling for financial development, economic growth, trade o...

This study analyzes the tail-dependence between green bonds and other asset classes including energy markets, stock markets, and conventional bonds. The study employs the cross- quantilogram method to identify the cross-quantile dependence between green bonds and other assets. Our data set covers the U.S. and European asset markets between October...

This study examines the link between economic complexity and entrepreneurship density. Testing 53 economies over the period 2006-2016, we find a significant Granger causality from economic complexity to entrepreneurship density, but reverse causality is not supported. Also, we suggest that entrepreneurship density is an inverted-U shaped function o...

This study examines the roles of institutional quality on the relationship between FDIs and productivity. Generally speaking, our estimates confirm the existing empirical studies on this issue. Our contribution refers to the analysis of the combined effect of FDIs (in different forms) with the institutional quality indicators. Notably, we observe t...

The literature has documented different determinants of energy poverty, i.e., income poverty, energy price, technology, and financial development. Meanwhile, government policies through public spending might play a critical role in alleviating energy poverty, but little attention has been paid to this factor. This study endeavours to investigate th...

We provide an out-of-sample test on Brogaard et al. (2017)’s difference-in-differences (DID) finding that stock liquidity affects US firm Expected Default Frequency (EDF), in the context of an emerging market. With daily transaction data, we reaffirm the role of stock liquidity on reducing firms' default risk in the US and its extended applicabilit...

Gender inequality has improved slightly over recent decades, but it is still a critical issue across the globe, especially in developing countries. This study investigates the influence of energy poverty reduction on gender inequality, using a sample of 51 developing countries from 2002 to 2017 and considering four dimensions: employment, health, e...

This study revisits the nexus between energy consumption and economic growth by considering several energy use types (i.e., total energy, fossil fuel energy, and renewable energy). For this purpose, a dynamic fixed effects (DFE) estimator is applied to the autoregressive distributed lag (ARDL) model built on an extended version of the neoclassical...

This study investigates how international tourism influences economic vulnerability for 69 economies, consisting of 36 low- and lower-middle-income economies (LMEs), and 33 upper-middle-income and high-income economies (UHEs). By applying assorted panel data estimations, the study finds that, first, international tourism increases the economic vuln...

This study provides a vital understanding of how local government capacity affects total factor productivity (TFP) growth in the context of an emerging economy. The sample of the study is a panel dataset of 63 Vietnamese provinces over the period of 2006-2017. We find that provinces that are high in self-financing have a positive effect on TFP grow...

This study investigates the influences of trade openness and FDI inflows on domestic economic complexity. In particular, the study analyses the roles of human capital, Internet usage, and energy poverty in these relationships. The analysis is carried out for two indices of economic complexity (ECI and ECI+) in a sample of 40 selected developing cou...

This study aims to shed light on the determinants of energy poverty by examining the role of financial development. Notably, the study analyses the multidimensional effects of financial development (including two subsectors and three dimensions on five indicators of energy poverty). Various estimates are applied with a global sample of 65 economies...

This study is the first proper attempt to investigate the influence of financial development as a component of an institutional framework on economic vulnerability. Using a global sample of 76 countries from 1997 to 2017 and a series of econometric panel estimates, the findings are robust and consistent. The development of the financial system is f...

The literature mostly agrees that alleviating energy poverty can protect forests. This study nevertheless shows a conundrum, in that the policy of energy poverty alleviation may cause deforestation and forest rents after a threshold. Specifically, the impacts on forest area and forest rents of four proxies of energy poverty (i.e. access to clean fu...

The literature has documented the negative impacts of economic uncertainty on output, investment and employment; however, no current study considers the influence of economic uncertainty on the informal sectors. This study investigates the effects of both the level and volatility of economic uncertainty on the shadow economy, through a global sampl...

Purpose This paper aims to offer an empirical study of the impact of institutional quality on the banking system risk and credit risk. Design/methodology/approach Applying cross-sectional dependent tests and stationary tests to check the property of our sample, the panel corrected standard errors model is recruited as the main estimator, while fe...

This study examines the influence of institutions, the Internet, and mobile phone usage on African countries’ trade openness. Applying various estimations for a balanced panel of data for 47 African economies over the period of 2003 to 2017, our empirical analysis arrives at the following interesting conclusions. Improvement of the institutional fr...

This study examines how financial development influences economic complexity, using a broad index of financial development. By utilising a global sample of 86 countries over the period 2002-2017 and applying several econometric techniques, we find that financial institutions and financial markets, as well as their sub-indices (financial depth, fina...

This study investigates the effects of stock volatility, oil volatility, and economic policy uncertainty (EPU) on green bonk returns, which would shed some light on the diversification capability of green bond markets. The empirical analysis includes four major green bond indices and three uncertainty indices, namely the VIX, OVX, and EPU indices,...

The study investigates the nexus between energy poverty and income inequality from multiple perspectives by drawing on a rich set of global data and applying a novel set of comprehensive empirical approaches. In so doing, analysis of energy poverty is carried out from five different dimensions, and its nexus with two aspects of income inequality is...

In light of an increasingly complex and uncertain environment, energy security and institutional quality are recognized as important factors that influence sustainable development. Emerging economies that seek to address the problems of high energy need/consumption for development and with relatively poor institutional quality have become a topic o...

We analyze uncertainty and financial development effects on foreign direct investment (FDI) inflows using a global sample of 116 countries over 1996 2017. Our main findings are that countries with a higher level of economic policy uncertainty receive lower FDI inflows. Moreover, although countries with a higher level of financial market development...

This study investigates the determinants of the energy consumption by integrating the influence of shadow economy through the STIRPAT framework for 115 economies over the period 1991–2014. We apply the system-GMM estimations for our dynamic panel data to examine the determinants of the energy consumption under three aspects: the level, the intensit...

This study examines a number of factors that are essential in doing business across selected emerging countries in Asia. The analysis compares the order ranking of obstacles between state-owned enterprises (SOEs) and privately held enterprises. In this study, we define a state-owned enterprise as a business enterprise where the state has, directly...

The study examines the influences of the global/domestic economic policy uncertainty (EPU) on entrepreneurship in a sample of 23 economies over the period 2006–2016. Employing the two-step system General Method of Moment estimation for unbalanced panel data, our study provides surprising evidence, indicating that EPU may not always be harmful to en...

This study examines the impact of economic and financial activities on air pollution in China using prefecture-level panel data from 2004 to 2015. Recruiting the air quality index (AQI) as a measure of overall air quality in Chinese cities, we find that industrial production, financial development, and economic integration lead to higher overall ai...

This study examines the impact of financial development on export quality. Financial development is proxied by the overall financial development index, its two sub‐indices (financial institutions index and financial markets index), and three dimensions of each sub‐index. The study begins by examining the causality between financial development indi...

There have been very few studies that evaluate multiple dimensions of energy security in China. This study thus aims to extend the line of research on energy security for the case of China from 1980 to 2014. For this purpose, the 4-A quantitative evaluation framework from Yao and Chang (2014) was employed as the main stream of analysis. We then con...

This study aims at investigating the influence of institutions and economic openness on credit cycles in a global sample. Six institutional quality indicators combined with net inward FDI and trade openness are collected to estimate, respectively, the effects of institutions and economic openness on credit cycles. Our panel data covers 60 economies...

This study examines the influence of economic uncertainty on tourism. The key hypothesis to test is that while economic uncertainty reduces outbound tourism, it may boost domestic tourism due to the economic-stagnant effects. Utilizing the framework of the theory of reasoned action (TRA) to analyze a global sample of 124 countries over the period 1...

This paper examines the twin influences of fiscal balance and trade balance on the dynamics of private investment at times of institutional change. Applying quantile regression for panel data of 31 OECD countries in the period 2002-2017, the study contributes in three ways: 1) degradations of fiscal balances and trade balances have clear negative i...

This study contributes to the literature by establishing the linkages between new institutional economics, public finance theory, and tourism economics, to explore the motives of capital investment into the tourism industry. We apply panel data techniques across a global sample of 150 countries, running from 2003 through 2017, encompassing 53 Low-a...

This article identifies that the institutional framework of a country and its liquidity are the main key drivers of stock market returns. To study this, we used the worldwide governance indicators as proxies to measure institutional quality. We apply the Sys-GMM to model the correlational relationship of our variables. Our analysis for both institu...

Highlights • Causal conditional quantile relationships among cryptocurrencies. • A bi-directional causal relationship between XRP and all other coins. • BNC is found to have strong bi-directional causal relationships with other coins. • BTC and ETH do not have strong bi-directional relationships with other coins. • A significant asymmetric behavior...

This article investigates the dynamics of export diversification, economic complexity and economic growth cycles. By applying several econometric techniques for estimating a panel data set of 70 economies over the period from 1996 to 2014, the results have been threefold. First, there is Granger bi-directional causality between economic complexity...

Institutions are often presented as essential to complement the ineffective of market-based solutions in dealing with fiscal deficits in recent decades. This study examines the influences of the control of corruption on fiscal deficits in 26 Asia Pacific economies from 2002 to 2015. By using the system-GMM estimators, the results are in threefold....

This study investigates the dynamics between U.S. monetary policy and its bilateral trade deficit with China. Applying an ARDL version plugged into the Markov switching model to the U.S. quarterly time series data over the 1993Q1–2018Q3 period, the results show that the U.S. trade deficit with China exists in two regimes, namely regime 1 with a low...

This article investigates the determinants of the income inequality for a global sample including 87 economies between 2002 and 2014. Notably, the study examines the impacts of technology development through the internet usage, mobile usage and fixed telephone usage on income inequality. Furthermore, we control and further examine the non-linear im...

This study investigates the relationship between foreign financial flows (i.e., FDI inflows, ODA, and remittances), human capital, and economic growth in African developing countries. Along with the two-step system GMM estimator, fixed effect panel quantile regression is applied as a robustness check for the sample of 38 African countries over the...

This paper is a pioneering endeavour to investigate the determinants of environmental degradation in Australia through a comprehensive framework of EKC and STIRPAT. Specifically, the impacts of multiple factors of socio-economic development including economic growth, trade openness, industrialization, energy consumption on CO2 emissions are analyse...

This study examines the influences of different types of uncertainty, namely, World Uncertainty (WUI), Global Economic Policy Uncertainty (GEPU), and Geopolitical Uncertainty (GUI) on the returns and liquidity of 964 cryptocurrencies over the period from April 28, 2013 to July 14, 2018. Besides the full sample, three sub‐portfolios are separated by...

The recent economic crisis re-emphasizes the importance of the economic fluctuations. This study investigates the role of shadow economy in combination with economic factors on the economic instability for 133 economies between 1991 and 2015. Using the system-GMM estimations, this paper shows that a larger shadow economy increases the fluctuations...

This study examines the role of economic governance in the relationship between public spending, private investment, and economic growth in Vietnam at the provincial level. The study data consist of sixty-two Vietnamese provinces for the period 2006–2015. Some notable results are attained by applying a sequential (two-stage) estimation. First, the...

We examine the influence of economic policy uncertainty (EPU) on the liveliness of local insurance markets across 16 OECD countries during the 1998–2017 period. Our static panel data estimations suggest that global policy uncertainty is negatively associated with the life insurance development of a country, as measured by national life insurance pe...

This study examines the multidimensional impact of financial development (FD) on consumption energy intensity and production energy intensity. A global sample of 81 economies consisting of three subsamples (29 high income [HIEs], 21 upper middle income [UMEs] and 31 low and lower middle income [LMEs]) from 1997 to 2013 is analyzed by employing seve...

We study impact of internet and mobile usage on nine different indicators of financial development (FD), including depth, access, and efficiency of both, financial markets, and financial institutions, as well as overall financial development. We apply Granger causality and cointegration tests, PMG ARDL and PDOLS, and a two-step system GMM to a samp...

This study investigates the impacts of patents and financial development on economic complexity in a sample of 52 economies (including 32 high-income economies (HIEs) and 20 middle-income economies (MIEs)). Specifically, nine indices of financial development and three variables related to patents are mobilized to identify the major determinants of...

Through a data-driven analysis, namely network analysis, we investigate the relationships between all existing cryptocurrencies. Starting from the analysis of cryptocurrencies in 2013, we extend our study until July 2018 to study the interdependencies between 1636 cryptocurrencies. Our study shows that, although Bitcoin is the older and the most fa...

Using the panel data of 89 economies from 1995–2012, this study examines the major drivers of agricultural emissions while considering affluence, energy intensity, agriculture value added and economic integration. We find long-run cointegration among the variables. Furthermore, our empirical results based on a dynamic fixed effects autoregressive d...

Tourism development seems to have mixed effects on the level of CO2 emissions across the globe. This study thus provides international evidence on the impacts of tourism on carbon dioxide emissions in countries of arrival. We employ a large panel of 95 countries, consisting of three subsamples of countries classified by income level over the period...

This study examines the influences of economic complexity on natural resources rents. A global sample of 90 economies decomposed into three subsamples including 27 Low and Lower-Middle Income Economies (LMEs), 22 Upper-Middle Income Economies (UMEs), and 41 High Income Economies (HIEs) are investigated over the period 2002–2017. Our analysis deals...