bluuebunny/crossref_metadata_2025 huggingface dataset:
Management Practices and Effectiveness of Universities at Lifelong Learning Realization
Authors: Korshunov I. A. , Shirkova N. N. , Szhenov E. S. , Efremov I. A. , Chakhoyan G. A.
Published: January 2023

The article is devoted to the consideration of organizational mechanisms and practices. They contribute to increasing the role of higher education organizations in the implementation of lifelong learning programs and ensure the financial stability of organizations. Within the frame of the article, the data of the “New Opportunities for Everyone” federal project realization collected during a survey of university leaders were analyzed. Heads of lifelong learning programmes departments of 51 universities, realized the federal project, have been participating in the survey, as well as over 15.3 thousand students who provided a description of the qualitative characteristics of the educational services and programmes.The results of survey showed that the number of students participating in lifelong learning programmes at universities increase, as well as the profitability of the programmes potentially depends on management solutions: implementation of a strategy for the lifelong learning programmes development, the university’s participation in federal projects and programmes, implementation of new programmes offered (orientation on different target groups, training the corporate groups, the introduction of online modules and digitalization of programs, initiating the programmes for the development of supra-professional and digital skills), digitalization of lifelong learning programmes and use the network forms of cooperation, taking into account the specialists’ skills needed for employers, expanding relations with enterprises and business partners in the region.The authors of the article formulated proposals and recommendations for the lifelong learning programmes development in regional universities, taking into account the needs of employees, the needs of the real sector of the economy, the financial and economic effectiveness of educational services
Cognitive Engagement Involvement as a Basis for Designing the Educational Process in the Preparation of Students of Pedagogical Directions
Authors: Garashkina N. V. , Druzhinina A. A.
Published: January 2023

The article presents the rationale and definition of the parameters of cognitive engagement of students in pedagogical areas of training that optimize the design of educational activities at the university, the results of assessing the quality of the educational process in the preparation of bachelors in the direction of “Pedagogical education” at the Tambov State University named after G.R. Derzhavin and Moscow State Regional University based on the application of the integral criterion of students’ cognitive engagement.The article analyzes foreign and domestic research in the field of “cognitive engagement”, the best practices for monitoring the engagement of students in other areas at the Higher School of Economics, MEPhI, at the universities of the USA, identifies the main indicators and defines an integral criterion for the cognitive engagement of students in pedagogical areas based on their coordination with the cognitive mode learning activities and cognitive strategies of students, as well as the experience of diagnosing the cognitive engagement of student teachers.The results of the study presented in the article are the basis for improving the efficiency and effectiveness of the activities of university departments that provide training of teaching staff by means of designing the educational process with high cognitive engagement of students. The developed diagnostic and technological tools can be used to manage, design, assess the quality of pedagogical activity, the educational result of a student and develop priority educational modes of training, learning technologies in higher pedagogical education, and can also serve as the basis for monitoring conducted by quality assessment units, auditing educational innovation at the university.
Chapter III: Herbert A. Simon: How do People Make Decisions?
Authors: Gross Larry
Published: January 2023

The interview on which this case-study is based, differed in some aspects from the interviews which form the bases for the other case-studies presented in this paper. It took place on April 27, 1963, at the Carnegie Institute of Technology Graduate School of Industrial Administration in Pittsburgh. The actual interview lasted approximately 6 1/2 hours, of which 4 1/2 hours are recorded on tape. At that time the research project was in its planning stage and this first interview served as a pilot study. It was only after this interview that the outline-structure presented in Chapter II was developed, partly on the basis of this first experience. However, the structure of that interview was fairly similar to the later outline. The main difference was that, while the main headings were the same, there was more emphasis on the production of the specific products discussed and on the preparatory processes (especially education) than on the motivational and personality factors. For that reason the case-study that follows will be more detailed in some areas and practically blank in others. In many ways it is better than the others, mainly due to the time available and to the ability of the subject to recollect relevant details.
Preface
Authors: Gross Larry
Published: January 2023

It was such a feeling that prompted the following study. Deciding that the creative process was an area that was not as clear to me as I thought it should be, I began by looking at the work that had been done on this field, and l was impressed by one fact. Namely that most studies concentrated on the creative personality, as distinct from the process, and that they tended to be either very broad or even when they were detailed it was usually in a factor-analytical, statistical way. The common approach seemed to be to choose a sample and give them a battery of tests, and then to isolate the important variables of the creative personality, which turned out to be pretty common-sensical at that.

What I decided to attempt was firstly to find some ground between the broad and superficial and the sort of detail possible only in a type of study that was beyond my capability and resources. Secondly, I was interested in investigating the interrelations of the creative process and the creative personality, in the production of clearly identifiable creative products. And I decided to do this in the form of case-studies. To make it even more involved, I determined to choose psychologists who had produced products of recognized creative merit. This was so that I could feel reasonably acquainted and familiar with the nature of their products. As it happened, they were all psychologists with some definite views on the creative process, so I was attempting a creative study of psychologists involved in creative study of creativity.
Chapter II: Structure of Investigation
Authors: Gross Larry
Published: January 2023

Before proceeding with the actual case-study data, it seems to me that it would be suitable to explain the method by which the data was gathered. The interviews were structured through the use of an outline consisting of topic headings which was given to the subject, and which he was asked to respond to in a free, self-determined and open-ended manner. Each topic-heading was meant to suggest an area of potential interest, those which the subject felt to be relevant he would discuss. The outline also contained possible specific responses, but here, also, the suggestion was that the subject might indicate only those which he felt to be applicable. It was inevitable, in such an interview, that there would be over-lapping areas, but, by and large, the topics tended to remain discrete. Naturally not all of the subjects responded to all of the headings and not in the same detail. For one thing, due to external circumstances, the interviews varied in length from over 4 hours to 1 hour. For this reason, some of the interviews are more complete in one aspect, others in another aspect. On the whole, however, they cover the full range to a fair extent. The actual outline, as it was presented to the subjects (except in the case of Herbert Simon, that interview having been more of a pilot study), is as follows:
Chapter I: Definition: Creativity: Process, Personality
Authors: Gross Larry
Published: January 2023

In examining various definitions of the creative process, one is struck by certain assumptions that are common to most and by a basic disagreement which divides these definitions into two groups.

The common assumptions are that products which are novel for a person or a culture and are considered valuable are “creative”. The process that produces them is termed the “creative process” and is viewed as a distinct cognitive process, often involving distinct perceptual processes. A typical definition might be, then: “Creativity is that process which results in a novel work that is accepted as tenable or useful or satisfying by a group at some point in time.”
Critical Factors Impacting the Implementation of Environmental Protection Strategies among Malaysia Industries
Authors: Sarwar Abdullah , Azam S. M. Ferdous , Khan Nasreen , Raman Murali , Seng Vincent Oh Kim , Siddika Aysa
Published: January 2023

Environmental protection is a heavily debated topic along with development. Uncontrolled development will sacrifice our environmental and causing issues such as pollution, land slide, flash flood, etc. The objective of this study is to understand drivers of the implementation of environmental protection strategy among industries in Malaysia. Questionnaire was designed and tested with 130 Malaysian organizations. The framework consisted of independent variables such as Client’s Requirement, Corporate Social Responsibility, Government Grants and Subsidy versus the dependent variable Environmental Protection Strategy. From the Exploratory Factor Analysis (EFA), it was found out that only client’s requirement and corporate social responsibility are relevant towards implementation of environmental protection strategy. One of the important findings is that government regulation is no longer a mandatory driver for organizations to implement environmental protection strategy. This could be a positive sign that organizations are working the self-regulatory direction than instrumental enforcement. This is in par with department of environment’s latest focus to implement guided self-regulation through environmental mainstreaming tools. The outcome of the study can help the policy makers, regulatory bodies,, and non-government organizations (NGOs) to shape their direction to form strategies that are most effective.
The Impact of Covid-19 on Oil Market Returns: Has Market Efficiency Being Violated?
Authors: Moyo Clement , Anyikwa Izunna , Phiri Andrew
Published: January 2023

This study examines the effect of COVID-19 pandemic on the efficiency of oil markets from 2nd February 2020 to 4th August 2021. By relying on dynamic conditional correlation GARCH and Wavelet coherence techniques, we able to provide correlations between the variables across time and frequency domains. Our empirical findings point to significant yet weak correlations between COVID-19 recovery/death rates for the time period extending from early February to early May even though we observe strong correlations between WTI prices and COVID-19 health statistics in mid-April. Moreover, during this identified time period, the length of frequency cycles within the correlations decreases from 16 days to 8 days. Altogether, these findings imply that oil markets were inefficient between February and early May and have since turned market efficient for the remaining duration of the pandemic.
Return and Volatility Spillovers of Asian Pacific Stock Markets’ Energy Indices
Authors: Babu Manivannan , Hariharan C. , Srinivasan S. , Shimny P. S. Shabi , Jayapal Gayathri , Indhumathi G. , Sathya J. , Rajendran Brintha , Anandhabalaji Veeramani , Kathiravan Chinnadurai
Published: January 2023

The aim of the study was to investigate the presence of volatility among the Energy Indices of Asia Pacific Stock Markets. To test the volatility among the daily returns of Energy Indices of Asia Pacific Stock Markets, the study selected five sample Asian Pacific stock markets’ Energy Indices on the basis of availability of data. The findings of descriptive statistics and the ADF Test revealed, that the daily returns of the sample energy indices of Asian Pacific stock markets were not normally distributed and achieved stationarity at level difference, over the research period. Hence the data may be used for additional analysis. The data were then analysed, by using the GARCH (1,1) model to assess the considerable volatility of daily returns of sample energy indices and the study, which revealed that during the study period, all of the sample energy indices were volatile.
The Causal Impact of Solid Fuel Use on Mortality – A Cross- Country Panel Analysis
Authors: Irfan Muhammad , Cameron Michael P. , Hassan Gazi
Published: January 2023

Biomass consumption causes indoor air pollution which impairs health and environment. In this paper, we examine the causal relationship between biomass fuel consumption and measures of life expectancy and infant and child mortality. Using 13 years of cross-country panel data which covers 105 countries over the period 2000-2012, we applied fixed effect model and instrumental variable regression. We find that solid fuel combustion causes increase in infant and child mortality and decreases in male and female life expectancy. A back-of-the envelope calculation suggests that, if the solid fuel consumption gap between low-income and lower-middle income countries were reduced by 50 percent, infant and child mortality in the low-income countries decrease by 16.5 and 29.8 per thousand respectively, and life expectancy would increase by 1.0 and 1.5 years for males and females respectively. Our findings suggest that governments, particularly of developing countries, should focus efforts to reduce solid fuel use.
Causality between Selected Energy Companies’ Price Indexes and Barel Oil Prices
Authors: Huseynli Nigar
Published: January 2023

Energy production and consumption have an important place in the world. Due to the increase in demand, it reveals the result of the valuation of the companies in this sector. The main purpose of this study is to analyze the relationship between brent oil prices in the world and the index prices of energy companies, which are among the world's most important and top 10 companies. The research covers the period between January 2011 and July 2022. The time series was created by considering the data in the selected time period on a monthly basis. Co-integration analysis was applied to the series and the relationship between the variables was tried to be determined. Short-term relationships were examined by applying the VAR model. At this stage, causality was carried out with Granger causality analysis. As a result of the analysis, it was concluded that brent oil prices, which were formed as a result of events in the world, had an effect on the index prices of two important energy companies, Exxon Mobile and Gazprom. In other words, there is a causal relationship between these variables.  This bilateral causality relationship between Brent oil prices and Exxon Mobile is realized unilaterally with the other two energy companies.  In short, there is a Granger causality relationship between these variables.
The Role of Consumer Attitude and Renewable Energy towards Environmental Friendly Policies in the Intention to Comply With the Paid Plastic Environmental Friendly Policy
Authors: Sinaga Anton Atno Parluhutan , Sitorus Sunday Ade
Published: January 2023

The purpose of this study is to determine the effect of consumer attitudes and renewable energy on the intention to comply with the paid plastic environmentally friendly policy in North Sumatra Province through the environmental friendly policy variable made by the Government as a moderator variable.In this study the variables used are exogenous variables, namely consumer attitudes and renewable energy, while the endogenous variables areintention to comply with the paid plastic eco-friendly policy in North Sumatra Provinceand the moderator variable isEnvironmentally friendly policies made by the Government. In this study, the data taken were adult population data in North Sumatra Province in 2020 who used as much as of plastic4,177,004 souls. MThe research method used in this study is a quantitative descriptive research method using data analysis, namely path analysis using PLS 3.0 software.Based on the results of the research analysis, the conclusion of this study is partially that only consumer attitude variables affect the intention to comply with paid plastic environmentally friendly policies in North Sumatra Province and consumer attitudes and renewable energy variables affect environmentally friendly policy variables. Simultaneously, consumer attitudes and renewable energy variables affect the intention to comply with the paid plastic environmentally friendly policy in North Sumatra Province with the environmental friendly policy variable as the moderator variable.Through the results of the research that has been stated above, the adults of North Sumatra will have the intention to obey and obey all environmentally friendly policies that are carried out, such as creating renewable energy, where these policies are very useful so that the people of North Sumatra are protected from the dangers of environmental damage and disasters. nature that will happen if you still use energy from fossils that can pollute the land, sea and air.
Comparative Analysis of Strategies for Innovative Development of the Fuel and Energy Complex: The Experience of the EU Countries
Authors: Makpal Zholamanova , Nurbakhyt Nurmukhametov , Mikhail Tolmachev , Kassymkhan Sarsen , Altyn Amerkhanova
Published: January 2023

Most European countries do not have large reserves of natural resources and depend on imported energy resources. In this regard, the government of the European Union has approved a new energy policy aimed at developing a “green” economy and combating dependence on non-renewable resources. Currently, the European Union is a leader in the development of renewable energy sources. Many states have achieved success in this industry, their experience can be used in other countries where alternative energy is not so widespread. This study analyzes and compares existing strategies for the innovative development of the fuel and energy complex of EU member states. The process of formation of the EU energy policy and its distinctive features were studied. The example of Italy, Germany, Poland, Spain, and Finland was used to study in detail the impact of the new energy policy approved by the EU government. The prospects for the introduction of alternative energy sources in the geographical and climatic conditions of Kazakhstan have been assessed. Synthesizing the information obtained, a list of tips for the successful development of alternative energy in the Republic of Kazakhstan was proposed.
Directional Spillover of Fossil Fuels Prices on a Hydrothermal Power Generation Market
Authors: Oviedo-Gómez Andrés , Londoño-Hernández Sandra Milena , Manotas-Duque Diego Fernando
Published: January 2023

The Colombian electricity market is based on a hydrothermal power generation market with a strong dependence on exogenous variables such as fossil fuel prices and climatology factors. Besides, the Colombian economy is characterizable by relevant mining-energy activities. Therefore, the main objective of this research was to evaluate the directional spillovers between the electricity spot prices and gas, coal, and crude oil prices and thus provide relevant information for the electricity market agents to identify the risk related to energy commodity price fluctuations. The dataset used in this research consists of monthly logarithmic returns of energy prices between September 2009 and December 2019. The main finding shows that the system's average connectedness is 13,6%. Besides, the electricity spot prices are net shock receivers of volatility, and 20% of their dynamic is related to fossil fuel price fluctuations.
Impact of Economic Growth, Energy use and Research and Development Expenditure on Carbon Emissions: An Analysis of 29 OECD Countries
Authors: Sheikh Aisha , Hassan Owais Ibin
Published: January 2023

This study attempts to investigate the impact of economic growth, energy use and research and development expenditure on carbon dioxide emissions for a panel of 29  Organisation for Economic Development and Cooperation (OECD) countries over 1995-2019. We employ two sets of econometric techniques.The first set of estimation techniques assumes cross sectional independence in the panel (also known as the first generation tests). The first generation tests include the panel unit root tests- Levin et al ( LLC), Im et al (IPS) ADF-Fisher and PP-Fisher unit root tests, Pedroni (1999) and Kao cointegration tests and the Fully Modified Ordinary Least Square (FMOLS) for computing output elasticities. The second set of econometric tests are performed after checking for cross sectional dependence using the second generation tests. These include Pesaran CD test, Breusch Pagan CD test, to establish cross sectional dependence followed by Cross-sectional augmented Im-Pesaran-Shin (CIPS) panel unit root test developed by Pesaran (2007)to test for panel stationarity followed by the error correction based panel cointegration test proposed by Westerlund and Edgerton (2007) with bootstrap. Augmented Mean Group (AMG) is performed to estimate output elasticities while Dumitrescu-Hurlin (DH) Panel Causality tests is done to ascertain causality between variables
 
We obtain the same results for the effect of GDP and energy use on carbon emissions from  the two strategies but conflicting results for the impact of research and development spending on carbon emissions, although there is evidence of stronger cointegration under the first generation tests. Based on findings from the two approaches, we conclude that with a rise in GDP, carbon emissions fall in OECD but increase with a rise in energy use. Aggregate research and development expenditure has a positive effect on carbon emissions under cross sectional independence but a neutral effect when estimated using cross-sectional dependence tests giving inconclusive results.
The Concept of Waste Management on Economic Development in the European Union
Authors: Azwardi Azwardi , Imago Alghifari Mahdi , Wijaya Wahyu Aji
Published: January 2023

This study aims to analyze whether the circular economy variables which include per capita municipal waste production, municipal waste recycling rate, packaging waste recycling rate by type of packaging, bio-waste recycling, and e-waste recycling rates have an effect on economic development. measured by GDP per capita (Gross Domestic Product) in European Union countries. The methodology in this study uses panel data with estimates using the common effect model, fixed effect model, random effect model and uses the best testing method, namely the Chow, Hausman, and Lagrange multiplier tests in 28 countries in the European Union for the period 2000-2020. The results showed that the final model used was the fixed effect model. Overall the concept of a circular economy which includes the level of recycling of municipal waste, the level of recycling of packaging waste by type of packaging, recycling of bio-waste, recycling of e-waste and added value in the Euro currency has a significant and positive effect on economic development as measured through per capita income, while waste production per capita is inversely proportional to that it has no significant and positive effect on economic development in European Union countries. It can be concluded that the application of the circular economy concept can ensure economic growth while reducing the use of natural resources and ensuring great environmental protection.
The Effect of Energy Consumption and Renewable Energy on Economic Growth in Indonesia
Authors: Purnomo Sodik Dwi , Wani Nur , Suharno Suharno , Arintoko Arintoko , Sambodo Herman , Badriah Lilis Siti
Published: January 2023

The economic growth in Indonesia showed a stable trend while the growth in energy consumption showed a declining trend. However, previous studies had revealed the existence of positive and significant relationship between energy consumption and economic growth. This study aims to analyse the effect of oil, gas, and biomass fuel consumption, road infrastructure, life expectancy, and average length of education on economic growth in Indonesia during the year of 1990-2019. This study used quantitative approach with linear regression as data analysis method. The data used are time series data from the period of 1990-2019. The result of this study showed that oil, gas, and biomass fuel consumption, as well as average length of education have a positive and significant effect, while road infrastructure and life expectancy have no effect on economic growth in Indonesia for the year of 1990-2019. This study recommends: 1) energy reserves should be improved by increasing the number of energy sources and developing more infrastructure in order to support and boost the supply of energy, 2) quality of educations should be upgraded by giving out scholarships as well as improving the educators and physical infrastructure.
The Impact of Oil Prices on State Budget Income and Expenses: Case of Azerbaijan
Authors: Humbatova Sugra
Published: January 2023

Since Azerbaijan is one of the oil exporting countries, its macroeconomic indicators, especially the exchange rate, the state budget are highly dependent on the oil factor. This study assessed the role of oil in the economy and the impact of the oil factor on the revenues and expenditures of the state budget of Azerbaijan in manat and dollar terms. The study covers the period 2005m03 − 2022m05. Unit root (Augmented Dickey−Fuller (ADF), Phillips−Perron (PP) and Kwiatkowski−Phillips−Schmidt−Shin (KPSS)) tests were applied to check the stationarity of variables (time series). ARDL was applied as a research method. In terms of the reliability of the obtained results, the error correction model (ECM) was used, standard tests were carried out, and the joint integration methods of FMOLS, DOLS and CCR were also applied in the evaluation. Engel−Granger and Phillips−Ouliaris tests have been used to test for cointegration interactions between variables. Short−term, long−term, and strong associations between variables were also calculated. The results of the study showed that the state budget depends on the oil and gas sector, and fluctuations in world oil prices functionally and along the chain affect oil revenues and the state budget. A different impact of oil prices (oil revenues) on the state budget in terms of manat and dollar was the devaluation of the manat, which was carried out to reduce the impact of the global financial and economic crisis on Azerbaijan. The general conclusion of the study was a recommendation to further accelerate work on the diversification of the economy and the development of the non−oil sector. The results of the conducted research can serve as a scientific basis for the economic policy of the state aimed at reducing the impact of external oil price shocks on the economy of Azerbaijan and other similar oil−exporting countries, including on the state budget, and diversifying the economy. The functional dependencies of the income and expenses of the state budget in terms of manat and dollar on world oil prices are given below.
The Role of Institutional Pressure and Dynamic Capabilities in Promoting Energy Efficiency Practices: Evidence from the Moroccan Manufacturing Sector
Authors: Bensouda Mehdi , Benali Mimoun
Published: January 2023

As most world countries, Morocco is facing energy challenges related to the increase in energy consumption resulting from the population growth. Thus, energy efficiency practices are increasingly considered as a priority for the country. Manufacturing companies are pivotal elements to improve energy efficiency. Despite the ambitious Moroccan strategy for energy efficiency, a considerable number of manufacturing companies are lagging in terms of energy efficiency. By drawing on institutional theory, we construct a research model that aims to assess the effect of institutional pressure on energy efficiency practices. Importantly, we explore the mediating role of dynamic capabilities between institutional pressure and energy efficiency practices. Our research model was empirically tested using survey data collected from 193 manufacturing companies located in four different regions of Morocco. Results show that companies’ dynamic capabilities positively influence companies’ energy efficiency practices. Coercive pressure is not positively related to dynamic capabilities, whereas normative and mimetic pressure are positively related to dynamic capabilities. Coercive pressure does not directly influence energy efficiency practices and does not influence energy efficiency practices through the mediation of dynamic capabilities. Normative and mimetic pressure directly influence energy efficiency practices and influence energy efficiency practices through the mediation of dynamic capabilities.
The Factors that Drives the Cost Management Efficiency of Oil and Gas companies in Emerging Markets: The Case of Eurasian Economic Union
Authors: Yespergenova Lyazzat , Dosmanbetova Aliya , Baisheva Yengilik , Zhakipbekov Dinmukhamed , Zhumabayeva Myrzabike , Faizulayev Alimshan
Published: January 2023

The main aim of this empirical work is to investigate cost management efficiency determinants of oil and gas companies in Eurasian Economic Union. The data was carefully gathered with updated financial data of 24,813 firm-year observations for the following period 2012-2020. Two main models were developed: with social responsibility and without social responsibility. In order to conduct panel data regression analysis, we employ two-step system GMM. The Durbin, Wu-Hausman test was used to find endogeneity, before we use the system GMM. Findings reveal that capital structure, taxes, and the oil demand crisis of 2014-2015 to be the most dominant determinants of cost management efficiency in the studied sample of oil and gas companies. Results suggest that increased taxes boost the cost management efficiency of oil and gas firms. Findings of the present study offer many insights and policy implications to help investors, managers, and policy makers. The contribution to the literature is twofold.
Impact of Oil Exports on Imports of Agricultural Machinery and Equipment
Authors: Humbatova Sugra Ingilab , Hajiyev Galib Bahram , Aliyeva Leyla Zakir , Hajiev Natig Gadim‒Oglu
Published: January 2023

The influence of the main export product on the main import product is the focus of any country. In this regard, since oil and oil products are the main export commodity of Azerbaijan, their impact on the import of machinery and equipment necessary for the development of the agricultural and agro −processing industries, which are the main imported products, was chosen as the subject of study. The purpose of the article was to assess the impact of the export of oil and oil products on the import of machinery and equipment necessary for the development of the agricultural sector and the agro −processing industry. The study used data for the period from 1999 to 2020. ARDL and ECM methods were applied and compared with FMOLS, DOLS and CCR as a validation. During the study, 9 hypotheses were proposed. All hypotheses have been proven to some extent. The results of the study show that, like all industries, the agricultural sector depends on the oil factor. Thus, the export of oil to the republic has a positive effect on imports and, of course, on the imports of many machineries and equipment necessary for the development of the agricultural sector, especially agricultural machinery for tillage and harvesting, equipment for the food industry and equipment for processing agricultural products. The overall result of the research was a recommendation to further acceleration of work aimed at diversifying the economy and developing the non −oil sector, similar to the results of other similar studies (researches investigating resource −exporting economies).
Renewable Energy Utilization and Environmental Pollution Control in the New City Area Mamminasata Metropolitan, Indonesia
Authors: Surya Batara , Taibe Patmawaty , Sariman Syahrul , Hernita Hernita , Salim Agus , Nasrullah Nasrullah , Hazairin Zubair Arie Gunawan
Published: January 2023

The dynamics of the development of the Mamminasata Metropolitan new city area has an impact on environmental quality degradation. The increase in development activities causes land use conversion and contributes to an increase in energy demand. This study aims to analyze: the allocation of work space utilization as a determinant of environmental quality degradation in the Mamminasata new city area, the effect of controlling space utilization, renewable energy utilization, and transportation management on improving the environmental quality of the Mamminasata new city area; and formulate a model for the use of renewable energy and the sustainable development of the Mamminasata Metropolitan new city area. This study uses an explanatory suqiental approach. Data were obtained through observation, surveys, in-depth interviews, and documentation. The results of the study indicate that the allocation of land for the development needs of socio-economic activities in the new city area has an impact on increasing the burden of pollution on soil, water, and air as well as the complexity of the transportation system in the direction of decreasing environmental quality. Control of space utilization, renewable energy utilization, and transportation management simultaneously have an effect on improving the environmental quality of the Mamminasata new city area with a coefficient of determination of 94.84%. This study recommends the use of renewable energy in supporting socio-economic activities towards the sustainability of the Mamminasata Metropolitan new city area development.
The Impact of Islamic Financial Development, GDP, and Population on Environmental Quality in Indonesia
Authors: Nengsih Titin Agustin , Abduh Muhamad , Ladini Urwawuska , Mubarak Fadhlul
Published: January 2023

Environmental problems are becoming an issue along with the issue of global warming whose impacts are increasingly being felt. Cases of environmental destruction in Indonesia are increasing, so several directions of government policies have started toward sustainable development goals (SDGs). The situation has challenged Islamic finance, an alternative financial system that is said to be the answer to the current toxic financial system, to prove itself to support the environment quality. This research aims to determine the impact of Islamic financial development, Gross Domestic Product (GDP), and population on the environmental quality in Indonesia using data spanning from 2016 to 2020. The results show that GDP significantly impacts the environmental quality of almost all major islands in Indonesia. Overall, in the territory of Indonesia Islamic financial development had a significantly negative effect at a significant level of 10% on environmental quality.
Analyzing Electricity Demand in Colombia: A Functional Time Series Approach
Authors: Marin Jorge Barrientos , Marulanda Laura Marquez , Duque Fernando Villada
Published: January 2023

In this work we are interested in analyzing the energy demand in Colombia for a short-term horizon, from a functional data approach. First, we make an exhaustive review of the literature on functional spaces as a potential source of statistical information. It is, of course, a theoretical reinterpretation since in practice the data are elements of a finite-dimensional space; however, very high-frequency data, properly treated, can be viewed as elements of a space of continuous functions. Second, we put such a reinterpretation into practice, by performing a spline-type smoothing of commercial energy demand, based on hourly-daily data. As a result, a function or smooth curve is obtained for each day. Finally, we expose the usefulness of this new approach for statistical analysis, modeling, and projection (or forecasting) of stochastic processes that generate high-frequency random variables.
Long-Term Implications of Economic Complexity and Energy Intensity on the Environment in Lower-Middle-Income Countries in Asia
Authors: Wahyudi Heru , Suripto Suripto , Palupi Widia Anggi
Published: January 2023

This study aims to determine the long-term impact of Foreign Direct Investment (FDI), Population (POP), Economic Complexity Index (ECI), and Energy Intensity (EI) on environmental quality as measured by carbon dioxide (CO2). The objects of this research are lower-middle income countries in the Asian region during the 2000-2018 range. The method used in this research a is Fully Modified Ordinary Least Square (FMOLS). The results of this study indicate that FDI, population, economic complexity, and energy intensity increase the amount of CO2. These results produce policies related to the environment, where the government, the private sector, and the community have the same vision to improve the quality of the environment. The policy that can be taken is by setting strict regulations for investors so that the pollution haven hypothesis does not occur in lower-income countries in Asia. The policy was adopted by imposing a carbon tax. This policy is accompanied by reducing the birth rate, increasing innovation and economic complexity by paying attention to environmental sustainability, as well as carrying out energy transformation. Thus, it is expected to reduce the spread of CO2 that lower-middle-income countries are ready to become upper-middle-income countries or even high-income countries.
Power Sector Reforms and Electricity Deficit in Nigeria: Stakeholders’ Perspective
Authors: Adelowo Caleb Muyiwa , Fadare Mary Oladuni
Published: January 2023

Inadequate generation and distribution of electricity constitute major bottlenecks to productivity and industrial growth in Nigeria. Over the years, several reforms have been implemented in the power sector but the challenges persist, and many socio-economic activities are negatively impacted. The problems are exacerbated by inconsistent policies of the government on the management of the power sector and the inefficient capacity of the private operators. In this article, we examine the kernels of power sector reforms, the depth of the reforms’ awareness, the level of implementation, and the degree to which customers were satisfied with the electricity supply. Primary data were collected through a cross-sectional survey conducted on the management and customers of electricity distribution companies in Ibadan, Ekiti and Lagos States, using two sets of validated questionnaires. Six hundred and sixty-seven (667) management and staff members, and one thousand one hundred and nineteen (1,119) customers participated in the survey. The results show that a major reform to the sector is privatisation, leading to the unbundling of the Power Holding Company of Nigeria. Some of the measures taken to implement the reforms include staff training and redeployment, organisation restructuring, public sensitisation, disengagement of redundant staff, and introduction of more efficient monitoring and evaluation mechanisms. The study observes that a large proportion of customers are aware of the power sector reforms and understood the implications but they claimed there was no significant improvement in the power supply compared to pre-reform periods. The paper concludes with appropriate policy recommendations for the government, operators and stakeholders in the sector.
Price and Income Elasticity of Residential Electricity Demand in the State of Bahia: 2004 to 2021
Authors: Martins Luís Oscar , Matos Fernandes Fábio , Da Silva Almeida Lucas , Andrade Torres Ednildo , Hirohumi Tanimoto Armando , Bandeira Santos Alex Álisson , Santana Silva Marcelo
Published: January 2023

The main objective of this research is to estimate the price and income parameters of the residential electric power demand of Bahia state, Brazil. For this, monthly data from 2004 to 2021 is used. The consumption is analyzed in terms of the electricity price, income, number of residentials, rainfall, average temperature, and residential index price. Regarding climatic variables, despite being important for the study of the electricity sector, especially rainfall, since Brazil depends on water sources, they are rarely used. After verifying that part of the series is non-stationary, it is decided to use the method of Cointegration and Error Correction Mechanism (ECM). This estimator considers the model variables and their lags, reconciling short-run and long-run trends. The results are consistent with the established hypotheses, proving to be inelastic both in the short and long run. The parameters calculated can serve as another source of information, both for the agents responsible for conducting energy planning in the State of Bahia, and for eventual investors in the private sector.
Energy, Urbanization, and Sustainability Indicators: Empirical Data from Kazakhstan
Authors: Tleppayev Arsen , Zeinolla Saule , Abishova Saltanat
Published: January 2023

This paper intends to examine the connections between Kazakhstan's environmental indicators (CO2 emissions and solid waste), urbanization, economic development, and energy consumption. Time-series data for the years 1992 to 2020 were used in the paper; the data were derived from World Development Indicators found in the World Bank database. The methodology of this paper implements the Vector Error Correction Model based on the Granger causality Test. The empirical findings show that there is evidence that, in the near term, both urbanization and energy consumption contribute to CO2 emissions in Kazakhstan and in addition, the results demonstrate that urbanization contribute to energy consumption. Therefore, policies are required to reduce the effects of urbanization by boosting public instruments to preserve environmental quality and use more energy in sustainable manner. In addition, regulations for energy conservation are required across all industries, but particularly in the transportation and energy sector. These policies must also promote and maximize the use of alternative energy sources.
Factor Analysis of the Efficiency of Russian Oil and Gas Companies
Authors: Borodin Alex , Mityushina Irina , Harputlu Mustafa , Kiseleva Natalia , Kulikov Andrey
Published: January 2023

The purpose of the study is to develop theoretical and methodological foundations for the development of tools for assessing the level of financial and technical efficiency of oil and gas companies and identifying reserves for improving efficiency based on the influence of external and internal factors. The theoretical basis of the research consists of the authors' works devoted to the problems of assessing financial efficiency, technical efficiency, innovation, market and environmental efficiency of companies. Modeling was carried out on the basis of tools for building DEA models, logistic regression, methods of correlation and regression analysis using the functionality of the software product R. The data of 7 companies with the largest revenue in the oil and gas industry by the end of 2020 and macroeconomic indicators of the financial and economic market of the Russian Federation are also components of the information base of the study. The scientific novelty of the research lies in the development of theoretical provisions and methodological tools for evaluating the effectiveness of companies in effective identification by assessing financial and technical efficiency, developing models of the phenomenon and forecasting the effectiveness of companies in the oil and gas industry.
A VAR Based Study on Energy Consumption and Economic Growth
Authors: Alshami Mohamed
Published: January 2023

Economic growth and energy consumption are interrelated for an economy and these variables are expected to indicate a positive correlation. This relationship has been probed in the study in the context of the United Arab Emirates for the time period 1996-2020. The study uses basic regression and Vector Auto Regression techniques for analysis. The study found that energy consumption and non-renewable energy consumption are positively correlated, are dependent on the country’s economic growth and this relationship is optimum at a lag of 7 years.
Power Generation Infrastructure and its Effect on Electric Energy Consumption: Context in Indonesia, 2013–2020
Authors: Hasid Zamruddin , Mire Muhammad Saleh , Rochaida Eny , Wijaya Adi
Published: January 2023

For centuries, humans have continued to deplete natural resources. The transportation sector is claimed to be the main culprit in wasting fossil energy. The purpose of this study is to investigate the impact of Fossil Fuels Electricity (FFE), Wind Electricity (WE), Solar Electricity (SE), Hydroelectricity (H), and Geothermal Electricity (GE) on Access to Electricity (AE) in Indonesia. The collection of data obtained from the Global Economy report, processed using time-series regression. Empirical testing clarifies that the increase in the variables of FFE, WE, SE, H, and GE, has increased AE in the short term. The more FFE, WE, SE, H, and GE increase 1 percent, the more AE increases in the long run. During 2013–2020, FFE as a variable that has a dominant effect on AE, where the nature of this energy is very limited, the frequency of its use is considered. Apart from the role of FFE which is crucial for basic human needs, it is necessary to restructure the rules that regulate, monitoring, and revitalize power generation systems based on natural gas, oil, and coal.
Propagation of Economic Shocks from the United States, China, the European Union, and Japan to Selected Asian Economies: Does the Global Value Chain Matters?
Authors: Hendrati Ignatia Martha , Heriqbaldi Unggul , Esquivias Miguel Angel , Setyorani Bekti , Jayanti Ari Dwi
Published: January 2023

A panel vector autoregression (VAR) model is employed to estimate whether growth shocks from the United States (US), China, Japan, and the European Union (EU) can be transferred to selected Asian countries. We examine 1) the effect of shocks through five channels: international trade, monetary policy, finance, global uncertainty, and oil prices; 2) whether a country’s deeper integration with the global value chain (GVC) enhances or decreases the effect of growth shocks from major economies more intensively than trade openness. We found evidence of the shock transfer from major economies to Asia through the five channels. The impact differs across countries depending on their participation in GVC; for example, the impact is high in Indonesia and low in South Korea. Moreover, Asian countries are more exposed to trade shocks through China’s trade channel than other major economies. Zooming in on the channels’ impacts, global uncertainty affects countries’ growth (e.g., Indonesia) more significantly than other channels (i.e., GVC); and Asian countries respond positively to oil prices in the short run but negatively in the long run.