36.Selected Readings: Articles of AEID on World Development and other International Comparisons, 2001-2024

           Entry 36 by Maria-Carmen Guisan, Professor of Econometrics, Spain                                               

                         Updated 10th Agust of 2023

Articles pubished in Applied Econometrics and International development on international comparisons, of countries from different geographical areas. Besides we have published studies on one or more countries by geographical areas. See other Entries of this Blog: Entry 37 for Europe and Eurasia, Entry 38 for America, Entry 39 for Africa, Asia and Pacific.

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Table 5. Articles of AEID on International comparisons published for 2021-2024

Year 2023

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Current External Challenges to the Economic Expansion of Emerging Markets:  An Analysis of Chile, Colombia, Mexico, Turkey, Ghana and India for 2006-2021, Juan Carlos MORENO-BRID, Lorenzo NALIN, Edgar PEREZ-MEDINA Abstract

How Does Intra-State Violence Affect Nations´Trade Flows? A Quantitative Assessment on South Bond market development as a source of financing infrastructure projects:  A comparison of India, Russia and other countries, 2010-2020, Arnaud NZENGUET NZENGUET, Abssract

Selected books on World Development: Education, Freedom, Political Stability, Peace and Qualtity of Life: E-books on World Development  for the periods 1960-2000 and 2001-2023, Maria-Carmen GUISAN, Abstract

Panel Data Analysis of the Human Capital Index and Income Inequality: A Panel of 203 Countries for the Period 1988-2018, Brandon PARSONS  Abstract

Per Capita Income Convergence and Divergence of Selected OECD Countries to and from the US: A Reappraisal for the period 1900-2018, László KÓNYA  Abstract

Are shocks to electricity consumption permanent or transitory? Evidence from a panel stationarity test with gradual structural breaks for 25 OECD countries, Jamal G. HUSEIN^; S. Murat KARA   Abstract

 Year 2022

 Income Inequality, the World Values Survey, and the Interaction of Cultural Dimensions, Edwards, J. A., Romero, A., Naanwaab, C. Abstract

Life Satisfaction,  Income, Security And Environment:  An Interregional Econometric Model of 372 Regions From  Europe, America, Asia And Oceania In Year 2016, Guisan, M.C. Abstract

 Impact Of Economic And Financial Openness On Domestic Inequality In Developing And Emerging Countries: A Panel Data Study Of 11 Countries For 1980-2016, El Bouhadi, A., Ouahid, D., Elkhider, A. Abstract

 The Impact Of Digital Financial Inclusion On Socio-Economic Development In Low-Income Countries, Yakubi, Y.A.Y., Basuki, B., Purwono, R. Abstract

 Economic Growth And Military Expenditure In Developing Countris During  Covid-19 Pandemic, Susilo, A.K., Sari, D.W., Putra, I. N., Pratiwi, N.A.  Abstract

Political Stability, Peace And Economic Development In 164 Countries, 2010-2020, Guisan, M.C.  Abstract

 Year 2021

Export Led Growth Via Intra-Regional Trading An Econometric Analysis Of ASEAN, EU, NAFTA, MERCOSUR and COMESA, Haxman, S., Omar, K., Halimb, A. Samsudin, M.S.  Abstract

World Development For 1995-2020: Econometric Relationships Of Human Capital, Development, Quality Of Government And Life Satisfaction In 164 Countries, Guisan, M.C   Abstract

 Secular Stagnation and the Negative Interest Rate Conundrum: International analysis of the Period 2010-2019, Warburton, Christopher E.S. Abstract

   Articles of AEID on international comparisons published for 2001-2020. Tables 1 to 4 include articles for quinquenial periods (for 2001-2005, 2006-2010. 2011,2015,2016-2020) 

Table 4. Articles o International Comparisons published in AEID for the period 2016-2020.

Year	Article
2020	The Acquisition of Human Capital and Economic Growth: An international survey, Warburton, C.E.S.    Abstract                 Financial development-poverty reduction nexus in BRICS: A panel data analysis approach, Tsaurai, K. Abstract National Wealth Structure of the Countries of the World and Economic Development, 2000-2014, Guzev, M.M., Ledeneva, M.V., Polkovnikov, A.A. Abstract Saving-Investment-Current Accounts Dynamics, Financial Crisis and Economic Growth: Some Empirical Results, AMIRKHALKHALI,S., DAR, A. Abstract Determinants of inward foreign direct investment: Comparison across different country groups, Das, M. Abstract Core-periphery relations in the international mergers and acquisitions network, Galaso, P., Sanchez-Diez, A. Abstract Oil Price And Economic Growth Of Oil-Importing Countries: A Review Of International Literature, Akinsola, M.O, Odhiambo, N.M. Abstract CO2 Total Emissions in the World, 1970-2015: Relationship with Economic Development and Population Growth; Guisan, M.C., Exposito
2019	FDI, Growth and Level of Development: Analysis of 76 countries for the period 1980-2010, Grubaugh, S.G. Abstract The Duration of Trade Agreement Negotiations: Analysis of 80 cases for 1980-2011, Arroyo, L., Castillo-Ponce, Ramon, A. Abstract Trade Openness, Factor Productivity, and Economic Growth: Recent Evidence from OECD Countries,  AmirKhalkhali, S.; Dar, A.Abstract Debt Relief and Good Governance: New Evidence of Developing Countries for the period 1990-2013, Freytag, A., Schmied, J.Abstract
2018	Positive Time Preference and Environmental Degradation: The effects of population growth and economic activity on intergenerational equity, Christopher E.S. Warburton  Abstract Determinants of the percentage of savings in emerging markets: A panel data analysis approach, 1995-2015, K. Tsaurai. Abstract Public Debt Service And Economic Growth: A Survey Of International Literature, SAUNGWEME, T., ODHIAMBO, N.M.  Abstract  Drivers Of Growth In Fast Emerging Economies: A Dynamic Instrumental Quantile Approach To Real Output And Its Rates Of Growth In BRICS And MINT Countries, 2001-2011, Asongu, S., Odhiambo, N.Abstract Public Consumption and Government Expenditure in 6 OECD Countries and Their Effect IN Macroeconometric Models of Disequilibrium, 1970-2016, Guisan, M.C.  Abstract
2017	Fiscal Policy, Total Factor Productivity and Economic Growth in Advanced Economies,    Dar, A., AmirKhalkhali, S. Abstract Key Determinants of Civil Liberty: a Spatial Analysis of 175 Countries in the year 2010, Chasco, C.,  Lacalle-Calderon, M. , Alfonso-Gil, J. Abstract Market Efficiency, Sovereign Debt Restructuring And Credit Ratings In Developing Countries, Robinson, C.J., Bangwayo-Skeete, F. Abstract Effect of FDI on real per capita GDP Growth. A Rolling Window Panel Analysis of 60 countries, 1982-2011, Edwards, J.A., Naanwaab, C.B.,  Alfredo A. Romero, A.A.  Abstract
2016	The Bottom Twenty: An Analysis Of Income Inequality In High Income And Developing Countries, 1990-2010, by Christopher E.S. WARBURTON Abstract Interaction Between Capital Flows And Current Account: A Dynamic Panel Causality Analysis Of 19 Emerging Market Economies For The Period 1980 To 2009, by A.Yasemin YALTA & Bahar BAYRAKTAR-SAGLAM Abstract Public Debt, Saving-Investment-Current Account Dynamics, and Capital Mobility in OECD countries, 1999-2013, S. AmirKhalkhali, A. Dar Abstract Financial Development and Economic Growth in advanced and developing economies over the period 1975–2009,  Doumbia, D. Abstract   Aid-for-Trade and Export Performance of Developing Countries, Ghimire, S., Mukherjee, D., Alvi, E. Abstract   The International Law and Economics of Coercive Diplomacy: Macroeconomic Effects and Empirical Findings, C E.S. Warburton Abstract

Table 3. Articles on International Comparisons published in AEID for the period 2006-2010.

Year	Articles
2015	Saving-investment Dynamics and capital Mobility in the BRICS, Behera, S.R. Abstract Corruption centralization, investments, and growth, Nuryyev, G., Hickson, C. Abstract Reciprocity in bilateral trade flows: An empirical analysis for trade between Australia and Latin American countries, Gonzslez, G.H., Esposto, A.S., , Valentina N. Viego, V.N. Abstract
2014	Time Dynamics of Stabilization Theories and Responses to Debt and Financial Crises: An Analysis of Mexico, Argentina, Nigeria and Ghana, 1960-2011, Warburton, C.E.S. Abstract Absorptive Capacity Compared: Evidence from Sectoral Data of OECD, Asian and Latin American countries, Montinari, L., Rochlitz, M. Abstract The Effect of Labor Composition Index on Economic Development: Analysis of 18 countries for the period 1990-2010, Ozerkek, Y.  Abstract New Prospects of Economic Growth in Context of Underdevelopment Whirlpools Phenomena,Popkova, E.G.  Abstract   On The Impact Of Public Debt On Economic Growth In 23 Countries, 1996-2007, Dar, A.A., Amirkhalkhali, S.A. Abstract
2013	History of the Global Business Environment in the Polycyclic Conceptual Framework and Estimation of Econometric Models of World Development 1950-2010, Kokodey, T.A.  Abstract Macro-Econometric Models of Supply and Demand: Industry, Trade and Wages in 6 Countries, 1960-2012 , Guisan, M.C.  Abstract   The EFA Development Index and Per Capita GDP: A Quantile Regression Approach in A Cross-Section of 123 Countries for Year 2007, Islam, S.  Abstract Is There Feed-Back Between Economic Freedom and Economic Growth: A Comparative Granger-Causality Test Based On Quartiles, Webster, A.L. Abstract
2012	A Cross-national Panel Study of Devaluations on Disaggregated Export Sectors: A Case for Sector Specific Policies, Cantavella-Jordá, M., Amin Gutierrez de Piñeres, S. Abstract   ISI and New Industrial Conditions in Latin America and Africa, Warburton, C.E.S.  Abstract On Explaining Inter-Country Differences in Economic Growth Rates of OECD countries for 1996-2008: Does Regulatory Quality Matter?, AmirKhalkhali, S., Dar, A.A. Abstract   Microfinance Social Performance:A Global Empirical Study, Marr, A., Awaworyi, S. Abstract Development Aid, Corruption, and the Happiness of Nations: Analysis of 118 countries, 1996-2009, Arvin, M.B., Lew, B., Abstract Fiscal Deficits, Current Deficits and Investment: A Panel Causality Framework of 20 OECD countries, Miteza, I. Abstract Civil Liberties and Access to Water: Analysis of 140 countries, Biser, J.J, Edwards, J.A. Abstract Crisis Exacerbated Fiscal Deficits and Possible Impact on FDI Flows: An Empirical Analysis of Emerging Europe and India, Bose, S., Jha, S. Abstract
2011	Technology Gap, Catching-up and Outward Orientation: Analysis of 63 countries,  Iyer, K. Abstract On the Impact of Openness and Regulatory Quality on Saving- Investment Dynamics in Emerging Economies, Dar, A., Amirkhalkhali, S. Abstract Effects of Health Systems and Socioeconomic Factors in Reducing Child Mortality in Developing Countries: Empirical Results from System Generalised Method of Moments, Kamiya, Y. Abstract AEID.Vol. 11-1. January-June of 2011 Health Care Efficiency Across Countries: A Stochastic Frontier Analysis, Ogloblin, C. Abstract Financial Globalization and Inflation In Developing Countries: A Reappraisal, Miles, W. Abstract

Table 2. Articles o International Comparisons published in AEID for the period 2006-2010.

Cancelo, M.T. (2010)	The Relationship between CO2 and Sulphur Emissions with Income: An Alternative Explanation to The Environmental Kuznets Curve Hypothesis. Abstract
Gimenez, G., Sanau, J. (2009)	Investment, Human Capital and Institutions: A Multi-equational Approach for the Study of Economic Growth, 1985-2000. Abstract
Karras, G. (2008)	Growth and Convergence, 1950-2003. What Can We Learn From the Solow Model?  Abstract
Bildirici, M., Sunal, S. (2006)	Economic Determinants of Development in World Economy, 1920-2005. An Analysis of 165 Countries. Abstract
Guisan, M.C., Neira, I. (2006)	Direct and Indirect Effects of Human Capital on World Development, 1960-2004.     Abstract

Table 1. Articles on International Comparisons) published in AEID for the period 2001-2005.

Auhtors	Article
Bildirici, M., Orcan, M., Sunal, S., Aykaç, E. (2005)	Determinants of Human Capital Theory, Growth and Brain Drain: An Econometric Analysis for 77 Countries. Abstract
Valadkhani, A. (2005)	Macroeconometric Modelling: Approaches and Experiences in Development Countries. Abstract
Sobhee, S.K., Joysuree, V. (2004)	The Implications of Openness for  WAGNER’S Law. An International Comparison of 20 Countries, 1971-2000. Abstract
Konya, L. (2004)	Export-Led Growth, Growth-Driven Export, Both or None? Granger Causality Analysis on OECD Countries.  Abstract
Cook, S. (2004)	On the Detection of Business Cycles Asymmetry in 22 Countries, 1870-1994. Abstract
Guisan, M.C., Exposito, P. (2004)	2.- Comparative Studies of OECD Countries: Econometric Models and Evolution of Agrarian and non Agrarian Employment in OECD Countries, 1950-2000, Abstract
Guisan, M.C., Arranz, M. (2003)	Econometric Models of Private and Public Health Expenditure in OECD countries, 1970-96.  Abstract
Karras, G. (2003)	Trade Openness and Economic Growth: Can We Estimate the Precise Effect?. Abstract
Guisan, M.C., Cancelo, M.T. (2002)	Econometric Models of Foreign Trade in OECD Countries. Abstract y article
Cancelo, M.T., Guisan, M.C., Frias, I. (2001)	Supply and Demand on Manufacturing Output in OECD countries: Econometric Models and Specification test  Abstract y article
Guisan, M.C. (2001)	Causality and Cointegration  between Consumption and GDP in 25 OECD countries: Limitations of Cointegration Approach.   Abstract y article
Guisan, M.C., Aguayo, E. Exposito, P. (2001)	Economic growth and cycles: Cross-country models of Education, Industry and Fertility and International Comparisons. Abstract y article
Guisan, M.C., Aguayo, E., Exposito, P. (2001)	Education and World Development in 1900-1999: A General View and Challenges for the Near Future.  Abstract https://ideas.repec.org/a/eaa/aeinde/v1y2001i1_4.html

About  the journals AEID and RSES, publisdhed by the Euro-American Association of Economic Development Studies (EAAEDS) for  the period 2001-2020.

The Founder Editor is Professor Maria-Carmen Guisan, who has been Director of the Master of International Sectoral Economics at the University of Santiago de Compostela (Spain) and is an economists included among Top 50 authors by downloads (out of more than 50000 authors) at the international ranking of Ideas.Repec.

The Honorary President of the Advisory Board has been, Professor Lawrence R.Klein, from the Wharton School of the University of Pennsylvania (USA) and Nobel Prize of Economics.

The index of all articles, with free access is included at the following address: https://ideas.repec.org/s/eaa/aeinde.html

Applied Econometrics and International Develpment (AEID): It is an academic journal included in SCOPUS of Elsevier, Ideas.Repec, Econ-Lit of the American Economic Association, and other selected indexes of Economics research. Published by the Euro-American Association of Economic Development Studies, includes sections devoted to World Development, Europe and Eurasia, America, Africa and Middle-East, Asia and Pacific. 

More information about AEID: Editorial Board and inclusion en selected journals Indexes: See Entry 41 of this Blog.

Regional and Sectoral Economic Studies (RSES): It is also a prestigious and interesting journal, included in selected indexes: SCOPUS of Elservier, IBSS, Econ-Lit, Ideas-Repec, Selected Catalogue of Latindex, etc.  It also has reached academic recognition  and high positions in the number of downloadas per item at Ideas.Repec.

Euro-American Association of Economic Development Studies

Founded in year 2001 at the University of Santiago de Compostela (Spain) by European and American members of the Master on International Sectoral Economics 

Publications: Many of them free downloadable at Ideas.Repec.

Journals of the period 2001-2020

AEID Applied Econometrics and International Development	RSES/EERS Regional and Sectoral Economic Studies
(English) 2001-2020	(English+Spanish)  2001-2020
https://ideas.repec.org/s/eaa/aeinde.html	https://ideas.repec.org/s/eaa/eerese.html

Other journals published, by the Euro-American Association of Economic  Development Studies, in English or Spanish for the period 2001-2010

EEDI Estudios Económicos de Desarrollo Internacional	IJAEQS International Journal of Applied Econometrics and Quantit. Studies
(Spanish with a few in English) 2001-2010	(English)  2004-2009
https://ideas.repec.org/s/eaa/eedein.html	https://ideas.repec.org/s/eaa/ijaeqs.html

35. European Elections 2019, industry, environment and lack of information

More maps and data about the European Union

Entry 35 by Maria-Carmen Guisan, Professor of Econometrics, Spain

European elections of 2019: New challenges for the European Union

There is a breach among EU bureaucracies and many social groups in several European countries. European Union would be a good club of countries if the breach would be overcome. More information, better economic and social policies are necessary.
It is important to improve the quality of economic policies in Europe. The voice of many university researchers, in fields of economy, environment, health, quality of life, and many other subjects, should be present in televisions and social means and advising political parties and institutions. This is a real challenge for Europe in the first decades of the 21st century.

Industry and economic crisis in Europe:

It is important to foster industrial development in many European countries. The commercial policies addressed to foster foreign trade with other countries should be compatible with a sound policy in order to avoid stagnation of industry in many European countries. On the other hand it is also important to favour tecnologies and policies addressed to diminish the environmental negative impact of some industries.
Switzerland is a country with very high levels of industrial development, higher than Germany and the United States,  and with less contamination than those countries, is a positive example of environmental technology and policies.

The following table shows the differences of real Value-Added of Industry per capita in 5 European Union countries in comparison with Switzerland and the United States.

Table 1. Value-Added of Industry per capita in year 2015

(at 2010 prices)  in 7 countries, for the period 1960-2010

	1960	1980	2000	2010
France	1.665	3.167	3.809	3.321
Germany	2.114	4.124	5.218	5.818
Italy	1.252	3.086	3.926	3.130
Spain	0.551	1.803	2.707	2.087
Switzerland	3.490	5.510	7.540	8.280
UK	2.920	3.759	4.884	4.029
USA	2.470	4.234	6.282	5.584

Source: Elaborated by M.C. Guisan from OECD statistics. More information in Guisan(2020) in Volume 20-2 of journal AEID

We may notice a decrease of industrial real value-added per capita for the period 2000-2010 in the following countries: France, Italy, Spain and the United Kingdom. This is the consequence of failures in the European Union economic polices, without enough support to keep and increase real value-added of industry per capita in many European Union countries, which is important for reaching higher levels of economic development and employment.

Industry and CO2 emissions

It is possible to have a high level of industrial production per capita and moderate levels of CO2 emissions, such it is the case of Switzerland in comparison with other less industrialized countries with higher levels of environmental contamination.  It is important international cooperation to make compatible development of industries necessary for well-being with a good quality of environment and diminution of CO2 emissions.

Comparison of  CO2 per capita in countries of table 1 in comparison with other areas,

Table 2 shows the evolution of contamination by CO2 per capita (Tm) in 9 countries, together with World average and values of European Union 28. 

Table 2. CO2 per capita in 7 OECD country, India, China, World and EU28 (Tm per inhabitant)

	De	Es	Fr	It	UK	USA	CH	In	Cn	World	EU28
1970	13.553	3.737	9.101	5.888	11.999	21.097	6.633	0.416	1.164	4.235	9.744
1975	13.275	5.049	8.964	6.385	11.009	20.633	6.302	0.443	1.343	4.276	9.861
1980	14.316	5.634	9.341	7.066	10.811	20.899	6.802	0.474	1.644	4.434	10.539
1985	13.717	5.070	7.108	6.745	10.150	19.431	7.008	0.606	1.813	4.110	9.749
1990	12.92	5.87	6.70	7.52	10.16	19.79	6.85	0.75	1.99	4.270
1995	11.16	6.38	6.49	7.64	9.48	19.88	6.42	0.91	2.69	4.157
2000	10.53	7.62	6.70	8.03	9.32	20.76	6.30	1.00	2.83	4.216
2005	10.22	8.35	6.70	8.40	9.22	19.88	6.41	1.11	4.73	4.605
2010	10.09	6.11	6.05	7.10	7.87	17.81	5.96	1.50	6.70	4.887
2015	9.64	5.70	5.09	5.90	6.16	16.07	4.83	1.87	7.73	4.931

Source: Elaborated by Guisan(2019) from statistics of:  EDGARv4.2FT2012, European Commission, Joint Research Centre (JRC)/PBL Netherlands Environmental Assessment Agency. Emission Database for Global Atmospheric Research (EDGAR), release version 4.2. http://edgar.jrc.ec.europe.eu, 2014: Countries: Germany (De), Spain (Es), France (Fr), Italy (It), United Kingdom (UK), United States (USA), Switzerland (CH), India (In), China (Cn).

In year 2015 the lowest value among industrialized countries correspond to Switzerland, with a value of 4.83 slightly below World average, in spite of its highest value of industry per capita. Some countries like Spain, France, Italy and the UK have values of CO2 per capita slighty over World average. China with 7.73, Germany with 9.64 and the USA with 16.07 have very high values. 

Industrial and environmental policies in Europe and  in the World.

European Policies since year 2019 should increase industrial development in many EU countries, due to their positive effects on development and employment in other sectors. Those policies should be combined with environmental protection, in order to diministh the emissions of CO2 per capital. 

Regarding the increase of CO2 in the World for the period 1970 to 2015, we have calculated that only a 13% was due to the increase in CO2 per capita and 87% to the increase of population.
Given that accordingly to Guisan, Aguayo and Exposito(2001) and other studies, the educational level of population is one of the most important factors in order to avoid excessive increases of population, the main conclusion is that diminution of CO2 emission, compatible with industrialization at World level, requires to increase the educational level of population and also to favor financing of environmental policies.



Real value-added  per capita of industrial sectors in 6 OECD countries
The following graphs present a comparison of Real Value-added of Industrial Production, in year 2015, expressed in Euros at constant prices of year 2010. Source: Elaborated by Guisan(2019) from OECD statistics. Data of real value-adde per capita in year 2015 is expressed as QHI15 of country i (i=es, it, fr, uk, de, usa) for Spain, Italy, France, United Kindom, Germany and the United States.

1.  D05T09:  Mining and quarrying [B]

In sector 1. the values are below 600 Euros per capita in these 4 EU countries and higher than 1200 in the United States. This sector includes production of oil and other energy raw materials. The United Kingdom and the United States show the highest values of the graph.

2, D10T12:  Food products, beverages and tobacco

In sector 2 the values are very alike in the 6 countries, with the highest value in France.

3. D13T15:  Textiles, wearing apparel, leather and related prodcuts

   In sector 3, the most outstanding value corresponds to Italy, with nearly 400 Euros per capita, while the other countries have values lower than 150.

4. D16T18:  Wood and paper products, and printing

   The highest values of sector 4 correspond to the USA and Germany and the lowest to Spain and France.

 5. D19T23:  Chemical, rubber, plastics, fuel products and other non-metallic mineral products

    D24T25:  Basic metals and fabricated metal products, except machinery and equipment

   

In sector 5, there is a great difference between the values of the USA and Germany and those of the other 4 countries.

In sector 6 the highest values correspond to Germany and Italy

 7. D26T28:  Machinery and equipment

In sector 7 the values of Germany (with nearly 2000 Euros per capita) and the USA (with more than 1200) are very high in comparison with the other 4 countries.

    8. D29T30:  Transport equipment

In sector 8 the most outstanding country in the graph is Germany, with nearly 1600 Euros per capita.

    9, D31T33:  Furniture; other manufacturing; repair and installation of machinery and equipment

In sector 9, Germany and France present the highest values among these 6 countries.

  

D35T39:  Electricity, gas and water supply; sewerage, waste management and remediation activities [D-E

Finally in sector 10 the most outstanding country is germany, followed by the USA.
nd.

Selected readings:
Guisan, Aguayo and Exposito(2001) Economic growth and cycles: Cross-country models of Education, Industry and Fertility and International Comparisons, Applied Econometrics and International Development Vol. 1-1.
Guisan and Exposito(2018).  Economic Development Problems And Crisis In The European Union, 2005-2015  Applied Econometrics and International Development Vol. 18-2.
Guisan, M.C. (2020). Industry and Development in 7 OECD Countries: France, Germany, Italy, Spain, Switzerland, UK and USA. Applied Econometrics and International Development Vol. 20-1 (forthcoming)