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Data on examining the role of human capital in the energy-growth nexus across countries.

ABSTRACT: This article describes two publicly available data sources: the new generation of Penn World Table (www.ggdc.net/pwt) and the BP Statistical Review of World Energy (http://www.bp.com/statisticalreview) which can be used to examine the role of human capital in the energy-growth nexus across countries. The critical human capital measure across countries is for the first time made available in the Penn World Table 8.0 and it enables empirical researchers to conduct cross-country analysis involving human capital much easily than ever before.

SUBMITTER: Fang Z

PROVIDER: S-EPMC5054240 | biostudies-literature | 2016 Dec

REPOSITORIES: biostudies-literature

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Data on examining the role of human capital in the energy-growth nexus across countries.

Fang Zheng Z

Data in brief 20160923

This article describes two publicly available data sources: the new generation of Penn World Table (www.ggdc.net/pwt) and the BP Statistical Review of World Energy (http://www.bp.com/statisticalreview) which can be used to examine the role of human capital in the energy-growth nexus across countries. The critical human capital measure across countries is for the first time made available in the Penn World Table 8.0 and it enables empirical researchers to conduct cross-country analysis involving ...[more]

PMID: 27747270

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Project description:Household water food and energy (WFE) expenditures, reflect respective survival needs for which their resources and social welfare are inter-related. We developed a policy driven quantitative decision-making strategy (DMS) to address the domain geospatial entities' (nodes or administrative districts) of the WFE nexus, assumed to be information linked across the domain nodal-network. As investment in one of the inter-dependent nexus components may cause unexpected shock to the others, we refer to the WFE normalized expenditures product (Volume) as representing the nexus holistic measure. Volume rate conforms to Boltzman entropy suggesting directed information from high to low Volume nodes. Our hypothesis of causality-driven directional information is exemplified by a sharp price increase in wheat and rice, for U.S. and Thailand respectively, that manifests its impact on the temporal trend of Israel's administrative districts of the WFE expenditures. Welfare mass (WM) represents the node's Volume combined with its income and population density. Formulation is suggested for the nodal-network WM temporal balance where each node is scaled by a human-factor (HF) for subjective attitude and a superimposed nodal source/sink term manifesting policy decision. Our management tool is based on two sequential governance processes: one starting with historical data mapping the mean temporal nodal Volumes to single out extremes, and the second is followed by WM balance simulation predicting nodal-network outcome of policy driven targeting. In view of the proof of concept by model simulations in in our previous research, here HF extends the model and attention is devoted to emphasize how the current developed decision-making approach categorically differs from existing nexus related methods. The first governance process is exemplified demonstrating illustrations for Israel's districts. Findings show higher expenditures for water and lower for energy, and maps pointing to extremes in districts' mean temporal Volume. Illustrations of domain surfaces for that period enable assessment of relative inclination trends of the normalized Water, Food and Energy directions continuum assembled from time stations, and evolution trends for each of the WFE components.

Project description:Early periods of history have demonstrated that enhanced economic development is fostered in instances where natural resources are abundant, hence averting the resource curse. In this vein, accelerated economic advancement is driven by a rigorous and proficient financial sector that efficiently utilises and allocates the economy's natural resources. A strong financial system that transforms resources into advantages rests on an advanced technological innovation base, superior human capital, distinct foreign direct investment, powerful trade, and sustainable energy consumption. While this paper investigates the nexus of these factors, the specific purpose of this research is to examine the interactive impact of financial development and natural resource rents on carbon emissions in the new BRICS economies for the duration of 1990 to 2019. The panel data generalised least squares (GLS) and the panel-corrected standard error (PCSE) techniques are adopted. The Dumitrescu and Hurlin technique is used to establish causality. The study found a U-shaped association between economic growth and emissions. The findings prove that the financial development of financial institutions and the financial development of financial markets' relationships with emissions are significantly positive. Natural resource rents, energy consumption, and human capital create a significantly positive relationship with emissions (mostly just positive for technological innovation). Conversely, the connection involving trade and carbon emissions is significantly negative (but mostly just negative for FDI). The interaction (s) intervening financial development of financial institutions and financial development of financial markets with natural resource rent significantly lowers emissions, respectively. The interaction parameter (financial development of financial institutions, natural resource rent, and financial development of financial markets) mixed with trade significantly adds emissions (positively insignificant with energy consumption). Contrarily, this factor mixed with human capital and technological innovation, respectively, is significantly negative (just negative for FDI). The Dumitrescu-Hurlin panel Granger causality outcomes are also outlined.

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Data on examining the role of human capital in the energy-growth nexus across countries.

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Data on examining the role of human capital in the energy-growth nexus across countries.

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