Research on the Impact of Energy Supply-Side Reform on China's Economy
Issue:
Volume 5, Issue 2, June 2019
Pages:
28-31
Received:
29 July 2019
Accepted:
16 August 2019
Published:
3 September 2019
Abstract: China is in a critical period of economic development and low-carbon clean transformation. The core of the energy production and consumption revolution is the energy supply side and energy consumption reform and innovation. As a major energy country, China has advantageous energy industries such as coal, electricity, oil and natural gas. However, in the past development of the energy industry, there were outstanding problems such as overcapacity, extensive operation, low proportion of clean energy, excessive redundant personnel in the industry, imperfect entry mechanism for high-quality talents, low supply of factors and low enthusiasm for clean energy investment. Energy reform is imminent. By studying the relevant theories and policies of the energy supply side reform and taking advantage of the strategic timing of supply-side structural reform, we will seek the ideas and strategies of China's energy supply-side reform from the "improvement", study China's energy industry, energy market construction, and accelerate Reforming the energy system, developing and utilizing new energy sources, reforming China's energy sector from a supply-side perspective, releasing vitality including labor, capital, technology, and institutions, giving full play to the decisive role of the market in promoting energy supply-side reforms, and building cleanliness A low-carbon, safe and efficient energy system will promote the better and faster development of the Chinese economy.
Abstract: China is in a critical period of economic development and low-carbon clean transformation. The core of the energy production and consumption revolution is the energy supply side and energy consumption reform and innovation. As a major energy country, China has advantageous energy industries such as coal, electricity, oil and natural gas. However, i...
Show More
Comparative Study of Causes and Effects of Economic Corruption in Nigeria
Casmir Onyeneke,
Edward Victorhez,
Nwosu Joyce,
Frankline Anyanwu
Issue:
Volume 5, Issue 2, June 2019
Pages:
32-39
Received:
27 August 2019
Accepted:
6 September 2019
Published:
21 September 2019
Abstract: This work analyzes the terms contributing to economic corruption in the Nigeria. The analyses shows that privatization of public sectors has affected the economy negatively. Some public policies contribute to the growth either negatively or positively to the growth and development of Nigerian economy. In many countries, the way economy is defined is how it is in their country. Some countries, particularly in Africa, have a low decreasing economic growth as a result of corruption and mismanagement. It seems that every year the price of goods and costs of living increase sequentially, example, a litre of fuel was sold at a minimum price of ₦60 in 2012, while in 2018 the minimum price was ₦145 which was not proper. As stated above, ‘Economy deals with men in their ordinary business of life, earning and enjoying a living’. From this statement, it was observed that it is not true in Nigeria. Many people have ordinary businesses that earn, but not enjoying any living due to hardship caused by series of corrupt practices. Many people work just to eat two times a day, while some strives to maintain a particular meal type | diet for a weak in order to survive. Some work as civil servants but owed for months by government showing that the business is there but, they are not enjoying any living due to corruption in an economy.
Abstract: This work analyzes the terms contributing to economic corruption in the Nigeria. The analyses shows that privatization of public sectors has affected the economy negatively. Some public policies contribute to the growth either negatively or positively to the growth and development of Nigerian economy. In many countries, the way economy is defined i...
Show More
Relationship Between the Volatility of Stock Returns and the Volatility of Macroeconomic Variables: A Case of Turkey
Tuğba Dayıoğlu,
Yılmaz Aydın
Issue:
Volume 5, Issue 2, June 2019
Pages:
40-46
Received:
5 July 2019
Accepted:
9 August 2019
Published:
24 September 2019
Abstract: In this paper, we examined the relationship between BIST-100 Index (SPI) and a set of macroeconomic variables volatility using Vector Autoregressive (VAR) model. The relationship between the stock market and macroeconomic variables has been subjected to serious economic research. A stock market plays important role for the reallocation of funds in many sectors of an economy. The macroeconomic factors make investors to choose the stock because investors are interested to know about the factors affecting the working of stock to manage their portfolios. Some investors show the stock prices volatility is based on directional trend in the stock prices but actually volatility is amount of fluctuation in stock prices. For this purpose we used the volatility of the variables. This study period 2006-2018 stock market using monthly data for Turkey is to examine the relationship between stock return volatility and macroeconomic volatility. We used the macroeconomic variables volatility these are industrial production (IP), money supply (M1), inflation rate (CPI), US dollar equivalent exchange rate (EX) and oil prices (OIL). We used montly data for the period between january 2006 and december 2018. Asymmetric GARCH models are used for the series volatility. The best performing GARCH model in these models are considered as volatlity. Exchange rate and industrial production index have an important effect on stock market volatility.
Abstract: In this paper, we examined the relationship between BIST-100 Index (SPI) and a set of macroeconomic variables volatility using Vector Autoregressive (VAR) model. The relationship between the stock market and macroeconomic variables has been subjected to serious economic research. A stock market plays important role for the reallocation of funds in ...
Show More
