Institutional quality,financial development and sustainable economic growth among lower income countries

This article postulates strong endogenous relationships in lower income countries between institutional quality, financial development and sustained economic growth. These associations were investigated using the vector-error correction model (VECM) and Granger causality method for a sample of 79 countries from 2005 to 2022. The findings show that (1) these variables reinforce each other in the short run. (2) In the long run, both institutional quality and financial development can fuel economic growth. (3) The positive effect of institutional quality on economic growth is greater than that of financial development. Policy implications of these findings are that careful attention should be paid to co-development policies to enhance the institutional quality and the financial system in these economies. Policies should also consider economic growth strategies to enable sustainable economic growth rates.     

Difference in the net value of ecological services between natural and artificial forests in China

Land degradation is a global problem that seriously threatens human society. However, in China and elsewhere, ecological restoration still largely relies on a traditional approach that focuses only on ecological factors and ignores socioeconomic factors. To improve the effectiveness of ecological restoration and maximize its economic and ecological benefits, a more efficient approach is needed that provides support for policy development and land management and thereby promotes environmental conservation. We devised a framework for assessing the value of ecosystem services that remain after subtracting costs, such as the opportunity costs, costs of forest protection, and costs for the people who are affected by the program; that is, the net value of ecosystem services (NVES). To understand the difference between the value of a resource and the net value of the ecosystem service it provides, we used data on VES, timber sales, and afforestation costs from China's massive national afforestation programs to calculate the net value of forest ecosystem services in China. Accounting for the abovementioned costs revealed an NVES of ¥6.1 × 10¹² for forests in 2014, which was 35.9% less than the value calculated without accounting for costs. As a result, the NVES associated with afforestation was 55.9% less than the NVES of natural forests. In some regions, NVES was negative because of the huge costs of human-made plantations, high evapotranspiration rates (thus, high water opportunity costs), and low forest survival rates. To maximize the ecological benefits of conservation, it is necessary to account for as many costs as possible so that management decisions can be based on NVES, thereby helping managers choose projects that maximize both economic and ecological benefits.     

Assessment of the natural-cultural resources in Çanakkale for nature-based tourism

While the world is going into different tourism expectations, the tourism understanding in Turkey is defined as tourism in the sea-sand-sun triangle. However, it is possible to contribute to the income and local development of the indigenous people by developing nature-based tourism. Besides, with the sustainable use and preservation of the natural-cultural assets, the damage of the traditional tourism industry on the natural and cultural environment could be reduced. In this study, it is aimed to bring up the nature-based tourism concept in Çanakkale by evaluating the nature-based tourism industry in the general of Turkey and assessing the natural-cultural resources that Çanakkale comprehends. The most important areas that have a nature-based tourism potential in Çanakkale and the tourism activities that are most suitable for these areas have been determined.     

Analysis of the Trend and Seasonal Cycle of Carbon Monoxide Concentrations in an Urban Area (4 pp)

Background, Aim and Scope Air quality is an field of major concern in large cities. This problem has led administrations to introduce plans and regulations to reduce pollutant emissions. The analysis of variations in the concentration of pollutants is useful when evaluating the effectiveness of these plans. However, such an analysis cannot be undertaken using standard statistical techniques, due to the fact that concentrations of atmospheric pollutants often exhibit a lack of normality and are autocorrelated. On the other hand, if long-term trends of any pollutant’s emissions are to be detected, meteorological effects must be removed from the time series analysed, due to their strong masking effects. Materials and Methods The application of statistical methods to analyse temporal variations is illustrated using monthly carbon monoxide (CO) concentrations observed at an urban site. The sampling site is located at a street intersection in central Valencia (Spain) with a high traffic density. Valencia is the third largest city in Spain. It is a typical Mediterranean city in terms of its urban structure and climatology. The sampling site started operation in January 1994 and monitored CO ground level concentrations until February 2002. Its geographic coordinates are W0°22′52″ N39°28′05″ and its altitude is 11 m. Two nonparametric trend tests are applied. One of these is robust against serial correlation with regards to the false rejection rate, when observations have a strong persistence or when the sample size per month is small. A nonparametric analysis of the homogeneity of trends between seasons is also discussed. A multiple linear regression model is used with the transformed data, including the effect of meteorological variables. The method of generalized least squares is applied to estimate the model parameters to take into account the serial dependence of the residuals of this model. This study also assesses temporal changes using the Kolmogorov-Zurbenko (KZ) filter. The KZ filter has been shown to be an effective way to remove the influence of meteorological conditions on O₃ and PM to examine underlying trends. Results The nonparametric tests indicate a decreasing, significant trend in the sampled site. The application of the linear model yields a significant decrease every twelve months of 15.8% for the average monthly CO concentration. The 95% confidence interval for the trend ranges from 13.9% to 17.7%. The seasonal cycle also provides significant results. There are no differences in trends throughout the months. The percentage of CO variance explained by the linear model is 90.3%. The KZ filter separates out long, short-term and seasonal variations in the CO series. The estimated, significant, long-term trend every year results in 10.3% with this method. The 95% confidence interval ranges from 8.8% to 11.9%. This approach explains 89.9% of the CO temporal variations. Discussion The differences between the linear model and KZ filter trend estimations are due to the fact that the KZ filter performs the analysis on the smoothed data rather than the original data. In the KZ filter trend estimation, the effect of meteorological conditions has been removed. The CO short-term componentis attributable to weather and short-term fluctuations in emissions. There is a significant seasonal cycle. This component is a result of changes in the traffic, the yearly meteorological cycle and the interactions between these two factors. There are peaks during the autumn and winter months, which have more traffic density in the sampled site. There is a minimum during the month of August, reflecting the very low level of vehicle emissions which is a direct consequence of the holiday period. Conclusions The significant, decreasing trend implies to a certain extent that the urban environment in the area is improving. This trend results from changes in overall emissions, pollutant transport, climate, policy and economics. It is also due to the effect of introducing reformulated gasoline. The additives enable vehicles to burn fuel with a higher air/fuel ratio, thereby lowering the emission of CO. The KZ filter has been the most effective method to separate the CO series components and to obtain an estimate of the long-term trend due to changes in emissions, removing the effect of meteorological conditions. Recommendations and Perspectives Air quality managers and policy-makers must understand the link between climate and pollutants to select optimal pollutant reduction strategies and avoid exceeding emission directives. This paper analyses eight years of ambient CO data at a site with a high traffic density, and provides results that are useful for decision-making. The assessment of long-term changes in air pollutants to evaluate reduction strategies has to be done while taking into account meteorological variability     

关于长江产业带建设总体布局的初步思考

重点开发长江是90年代中国经济重大战略布署。将长江产业带建设成具有强大经济实力的国家一级经济轴线,宜采用分层次推进与中心辐射相结合的发展战略,以浦东开发和三峡建设为契机,加强基础产业,发展新兴产业和第三产业,优化产业结构,以能源和交通建设先行,改善基础设施。同时,要协调产业带建设与浦东开发、三峡工程建设的关系。     

中国可持续发展综合评价研究

可持续发展作为一个动态、开放的复杂巨系统。人口、资源、经济、环境和科技构成了其关键要素。本文基于PREEST系统模型。首先提出了一套中国可持续发展综合评价指标体系：同时。借助于主成分分析法和隶属度分析法。就中国1987～2001年度的综合发展指数与协调发展指数进行了实证分析；最后。基于研究成果。对中国未来的可持续发展提出了若干政策建议。     

Population Ageing and Sustainable Development Research in China

According to the United Nations population projections, the population of the elderly is expected to roughly triple in China from 2000 to 2050, particularly when the generations who were born between the 1950s and 1970s move through the age structure, and also because people are living longer and fertility rates have fallen, population aging is expected to put pressure on government's fiscal balance through higher old-age security benefits and health-care expenditures. This work draws together the broad range of elements involved within a consistent framework, based on a computable dynamic general equilibrium model with an overlapping generation structure. Further analysis using model simulation illustrates that the alternative schemes for the benefit rate, retirement age and technological progress are likely to be beneficial, and that an obvious slow-down in the growth of living standards is likely to be avoided.     

企业社会责任:推动可持续发展的第三种力量

可持续发展是企业社会责任的重要领域。企业社会责任在推动可持续发展方面发挥着独特的作用。一定程度上弥补了政府干预和市场调节的缺陷。我国企业承担可持续发展责任需要企业和社会的互动。     

实行计划生育是人口、资源、环境协调发展的重要保证

人口是人口、资源与环境巨系统中最根本的因素。人口增长过快,将直接加大对资源与环境的压力,并影响人口素质的提高。所以,长期坚持实行计划生育这一基本国策是实现人口、资源、环境协调发展的重要保证。为此,必须要统一认识,增强控制人口的危机感和责任感;实施人口和计划生育目标管理责任制;扎实稳妥地做好农村计划生育工作;齐抓共管,保证人口计划的完成。     

信息化建设:开发区产业升级与可持续发展之路

面对当前我国经济开发区发展所面临的主要挑战，无论从自身经济增长规律出发．还是应对外部竞争压力，在新形势下，信息化是实现开发区产业升级与可持续发展的必由之路。如何针对开发区实际状况，系统、科学地进行信息化建设，包括大力发展信息产业并使其成为支柱产业，开创新经济增长点；以信息技术改造传统产业，促进产业升级与结构调整；以电子政务提高政府管理水平与服务效率、以电子商务提高企业的经营绩效与创新能力；以信息化推动城市化进程，提高人口素质与生活水平等。针对上述议题，特提出以“数字城市”建设、完善信息产业链为核心的开发区信息化发展战略。