Meritorious Journal of Social Sciences and Management (E-ISSN# 2788-4589 | P-ISSN#2788-4570)

Relationship between Remittances and Economic Growth in Philippine: A co-integration Analysis

Admin MGP; Asma Manzoor1 — Sun, 31 Mar 2024 00:00:00 +0000

The study’s main idea is to check the theoretical association between remittances and economic growth in Philippine. The conclusions demonstrate that remittances (REMIT) and Gross National Expenditures (GNE) have long-run co-integrated relation with Gross Domestic Product (GDP). Likewise, remittances (REMIT) has long run co-integration relationship with the Gross Domestic Product (GDP), Gross National Expenditures (GNE), Domestic Investment (DI) and Total Trade (TRADE). The outcomes of the Granger Causality test show that Gross Domestic Product (GDP) does Granger Cause Domestic Investment (DI) and TRADE does Granger Cause remittances (REMIT). Moreover, both have unidirectional relationship. Furthermore, there is bi-directional relationship between remittances (REMIT) and Gross National Expenditures (GNE). The study recommend that remittances inflow increase could be improved by utilizing the advanced innovation for remittances.

Impact of Infrastructure Governance with Moderating Role of Political Stability in the Top Tourist Countries

Admin MGP; Sadia Noreen — Sun, 31 Mar 2024 00:00:00 +0000

The main objective of this study is to investigate the impact of political stability, governance structure, military expenditure, physical and ICT infrastructures upon tourism in an emerging economy. Ordinary least square (OLS) approach confirmed the relationship among variables. Results show that ICT and MEXP are statistically significant and have negative impact on the tourism in selected Asian countries. But PHI, GS, and PS are statistically significant and have positive effect on the tourism in selected Asian countries. Furthermore, interaction effect of (PS*ICT) is statistically significant and has positive effect on the tourism while interaction effects of (PS*PHI), (PS*MEXP) are statistically significant and have negative impact on the tourism. According to the result of the study PHI, GS, and PS have a positive impact on tourism, it's essential to capitalize on these factors. Governments and tourism stakeholders should focus on enhancing physical infrastructure (PHI), improving government stability (GS), and promoting political stability (PS) to attract more tourists. Since ICT and MEXP are negatively impacting tourism, strategies should be implemented to mitigate their effects. While ICT can sometimes disrupt traditional tourism industries, efforts should be made to adapt and integrate technology in a way that enhances the overall tourism experience.

The Role of Statistics in English Language Research

Admin MGP; Hafiz Muhammad Muthair, Memona Mujahid — Sat, 18 May 2024 00:00:00 +0000

Statistics is an essential tool in many fields, including English language research. This article explores the ways in which statistics can aid English language research, with a focus on quantitative research methods. The article highlights the importance of understanding statistics in conducting and interpreting research findings, and discusses how statistical analysis can help researchers make sense of complex data sets. The article concludes by emphasizing the importance of incorporating statistical analysis into English language research to enhance the reliability and validity of findings.

The Effect of Income Inequality and International Relations on Environmental Degradation in 10 Selected Polluting Asian Countries

Admin MGP; Sarah Anwar , Muhammad Sanaullah Khan — Sun, 31 Mar 2024 00:00:00 +0000

This study examines the impact of income inequality and globalization on carbon emission in ten selected Asian countries during the period 2001 to 2021. This study employed the Redundant fixed effect test and the Hausman test, results of both indicate that the Fixed Effect method is appropriate and its results shows that the GINI and POP have negative and significant impact on environmental degradation. But the GDP and IND have positive and significant impact on environmental degradation of the ten selected Asian Countries. Moreover, GLO has no effect on the Co2 in these countries. The interaction term (GLO*GINI) has positive and significant impact on environment degradation. By using an interactive term, International Relations appears to have a major detrimental impact on environmental quality, it does not appear to have a significant connection with CO2 emissions. This paper provides helpful policy recommendations for governments and policymakers to support environmental sustainability. The study suggests addressing income inequality and population growth to mitigate environmental degradation. It also suggests balancing economic growth with environmental sustainability through green technologies and renewable energy. Additionally, addressing industrial pollution through stricter regulations and cleaner production methods can help reduce the environmental footprint of industrial activities. These recommendations aim to improve overall environmental sustainability. This paper provides helpful policy recommendations for governments and policymakers to support environmental sustainability.

The Effect of Tourism and Foreign Direct Investment on Environment: Time Series Evidence from Pakistan

Admin MGP, Dr. Syed Wahid Ali Shah, Tehreem Mehak, Muhammad Waseem — Sun, 31 Mar 2024 00:00:00 +0000

The chief focus of the existing research work is to scrutinize the effects of Tourism and Foreign Direct Investment (FDI) on Environment in case of Pakistan. For this motive, the research work put to use data of annual time series since 1990 till 2021. In the affairs of dependent and independent variables, the make use of CO₂ Emission as dependent and Tourism, Foreign Direct Investment, GDP, GDP2, Renewable and Non-Renewable Energy are utilized as independent variables. The study used Ordinary Least Square (OLS) procedure. The experiential outcomes illustration the optimistic and statistically important effect of Tourism, GDP and Non-Renewable on the CO₂ Emissions in Pakistan. Other independent variables like Foreign Direct Investment, Renewable Energy and GDP² have an adverse and significant effect on CO₂ Emissions in Pakistan. The study also supports the presence of Environmental Kuznets Curve Hypothesis (EKC) in Pakistan. The results of Granger Causality Test Indicate that Bidirectional or Two way Causality among Tourism and CO₂, while no Causal relationship between FDI and CO₂

Brain Drain in Pakistan

Admin MGP; Laraib Khansa — Sun, 31 Mar 2024 00:00:00 +0000

This study investigating the factors that contribute to brain drain in the Islamic Republic of Pakistan. From 1997 through 2022, yearly time series data were used in the research. The current study used several econometric methodologies as descriptive statistics, Variance inflation Factor, Serial Correlation LM Test, The Breusch-Pagan-Godfrey Test and Ordinary Least Square (OLS) to get the results. OLS results show that MIG and REM have positive and significant impact on Pakistan’ s GDP. But the TER, INF and UN have negative impact on Pakistan’s economy. Furthermore, GFCF has no effect on the economy of Pakistan. The current study suggests that unfortunately, the lack of prospects for career advancement in Pakistan has led to a major increase in brain drain during the past several years. Additionally, our economy does not have enough room to handle the enormous number of talented workers that join the labor market each year.

Effect of Institutional Quality and Financial Development on Environmental Degradation: Panel Data Analysis in the Context of 10 Asian Countries

Admin MGP; Nadia Azam — Sat, 18 May 2024 00:00:00 +0000

The study examines the impact of institutional quality and financial development on environmental degradation in ten Asian nations from 2001-to-2021. Factors like GDP, industrialization, urbanization, and financial growth were analyzed using various econometric methodologies. The fixed effect method showed that GDP, FD, INST, and IND positively affect CO2 emissions in the selected Asian countries. However, only POP had a negative effect. The study suggests that policymakers should incorporate environmental considerations into economic policies, implement environmental taxes and subsidies, promote sustainable consumption and production, and incentivize environmentally responsible practices.