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There is a growing popularity for the nonlinear econometric approaches, since linkages among variables are not always linear. Nonlinear approaches provide a broader range of knowledge compared to the linear model. This research aims to assess the impact of foreign direct investment on pollution. To capture the potential asymmetries resulting from rise and fall in the foreign direct investments, the nonlinear panel autoregressive distributed lag approach is employed. In the empirical analysis, annual data of selected 22 transition economies from 1995 to 2016 is utilized. The findings highlighte ...More
The main aim of this paper is to construct a latest Social Accounting Matrix (SAM) for Kyrgyzstan economy for the year 2010. The constructed SAM shows the interaction between production, income, consumption and capital accumulation in the economy. The dataset for the SAM is mainly based on the input-output table and national account system data for the country. The SAM can be used to provide an analysis of the interrelationship between the production structure of the economy and the distribution of incomes and expenditures of different household groups in the country. In addition, it can be us ...More
Green Marketing refers to efforts that in the production and marketing of products and services cause less harm to the environment. It is now difficult to open up to local or international markets and to gain competitive advantage over rivals. In this sense, it became necessary to meet the expectations of the consumers and to adapt to the changing world. Today, as environmental problems increase, the consumers' expectations from businesses have changed. Green consumers are generally defined as individuals who adopt environmentally friendly behaviors and / or buy green products among standard a ...More