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Oct 11, 2023

Impact of financial development, energy consumption and urbanization on CO2 emissions from buildings using quantile ARDL model

Urbanization plays a crucial role in facilitating the integration of population growth, industrial development, economic expansion, and energy consumption. In this paper, we aim to examine the relationships between CO2 emissions and various factors including economic growth, urbanization, financial development, and energy consumption within Pakistan’s building sector. The study utilizes annual data spanning from 1990 to 2020. To analyze the cointegration relationship between these variables, we employ the quantile autoregressive distributed lag error correction model (QARDL-ECM). The findings of this research provide evidence supporting the presence of an asymmetric and nonlinear long-term relationship between the variables under investigation. Based on these results, we suggest the implementation of tariffs on nonrenewable energy sources and the formulation of policies that promote sustainable energy practices. By doing so, policymakers and architects can effectively contribute to minimising environmental damage. Overall, this study offers valuable insights that can assist policymakers and architects in making informed decisions to mitigate environmental harm while fostering sustainable development.

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Sept 21, 2022

A social-ecological perspective for emerging cities: The case of Corniche promenade, “urban majlis” of Doha

In the past decade, the capital city of Doha of the State of Qatar has experienced rapid urban expansion and other changes due to globalization, which has caused (i) the loss of a compact urban pattern, (ii) landscape fragmentation, and (iii) deficiency of green spaces. Therefore, as envisioned by Qatar National Vision 2030 (QNV-2030), the State of Qatar plans to invest substantial funds into the urban regeneration of the built environment, along with the development of large areas of public parks as a means of promoting more sustainable urban development and enhancing city residents’ well-being. Accessibility contributes to the usability of public facilities on the part of the neighborhood community, thus enhancing city dwellers’ well-being. Nonetheless, the authors argue, the urban network along Doha’s Corniche promenade, the dominant open public space and the spine of the city, lacks connectivity at various scales of space. Therefore, this research study aimed to assess the existing conditions of Doha’s Corniche and recommend strategies for implementing its integration into the newly emerging city’s urban fabric. The findings, revealed through a network-analysis investigation based on graph theory, allowed us to generate a framework for shaping open public spaces, promoting higher living standards through a green network system planned at the city scale. The proposed framework addresses social-ecological challenges of distinctive open public spaces and helps define an approach for (i) tailoring the accessibility of open public spaces to their surroundings, and (ii) enhancing city dwellers’ well-being.

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May 18, 2021

India’s demographic dividend or disaster? Mismanaged factors of production—Land, labor, infrastructure, cities

India entered its so-called demographic dividend around 2005—expected to last until 2055. India has already utilized almost a third of the period of its demographic dividend—it saw a period of explosive growth from 2003–2012—but has not been able to sustain that growth. And since 2012, growth has generated less and less employment, as it has turned inward, and so it is not helping the working-age population get usefully employed. The labor force participation rate for women has been low and is now falling. What can be done to use India’s underlying factors of production better to generate greater, more inclusive, and sustained prosperity for its citizens? These second-generation reforms are not easy, as they need cooperative federalism and much broader consensus, but without them India’s demographic dividend may become a disaster.

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Dec 31, 2020

Sustainable port-hinterland intermodal development: Opportunities and challenges for China and India

This paper reviews and compares the opportunities and challenges in terms of port and intermodal development in China and India—the two fast-growing economic giants in the world. The study analyzes the future direction of these two countries’ port-hinterland intermodal development from the sustainability perspective. Both China and India face some major opportunities and challenges in port-hinterland intermodal development. The proposal of the Silk Road Economic Belt and the 21st-century Maritime Silk Road, also known as the Belt and Road Initiative (BRI), offers plentiful opportunities for China. A challenge for China is that its development of dry ports is still in the infancy stage and thus it is unable to catch up with the pace of rapid economic growth. As compared with China, India focuses more on the social aspect to protect the welfare of its residents, which in turn jeopardizes India’s port-hinterland intermodal development in the economic sense. The biggest challenge for India is its social institution, which would take a long time to change. These in-depth comparative analyses not only give the future direction of port-hinterland intermodal development in China and India but also provide references for other countries with similar backgrounds.

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Apr 1, 2020

Hazard analysis on public-private partnership projects in developing Asia

Developing Asia’s infrastructure gap results from both inadequate public resources and a lack of effective channels to mobilize private resources toward desired outcomes. The public-private partnership (PPP) mechanism has evolved to fill the infrastructure gap. However, PPP projects are often at risk of becoming distressed, or worst, being terminated because of the long-term nature of contracts and the many different stakeholders involved. This paper applies survival-time hazard analysis to estimate how project-related, macroeconomic, and institutional factors affect the hazard rate of the projects. Empirical results show that government’s provision of guarantees, involvement of multilateral development banks, and existence of a dedicated PPP unit are important for a project’s success. Privately initiated proposals should be regulated and undergo competitive bidding to reduce the hazard rate of the project and the corresponding burden to the government. Economic growth leads to successful project outcomes. Improved legal and institutional environment can ensure PPP success.

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Jul 24, 2018

The role of infrastructure efficiency in economic development—The case of underused highways in Europe

In this paper, we establish a two-way causality between the phenomenon of infrastructure which is underused (the so-called “white elephant case”) and the aggregate productivity level (TFP) of the economy. On the one hand, the fact that a transport infrastructure is not used as much as it could be is itself a cause of low TFP because it represents low productivity for an important item of social capital. On the other hand, low aggregate productivity makes firms’ strategies founded on large scale of production and exports riskier, given the possibility that the political decision to build the required transport infrastructure may never be taken.

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