How much money grows on trees: case of Asian Region

Mehmood, Bilal; Ramzan, Abida

doi:10.4129/ifm.2015.3.01

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2022

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“…From the perspective of forestry, Mehmood & Ramzan (2015) analyzed it as factor of growth by investigating its causal relationship with economic growth. They resorted to data of forest products and other pertinent variables for 2000-2012 of selected Asian countries.…”

Section: Literature Reviewmentioning

confidence: 99%

Forestry and Governance as Two Pillars of Sustainable Development: Empirical Verification

Mehmood

Raza

Ramzan

2022

sbsee

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Purpose: One of the most common global concerns is Sustainable development for last three decades. For it, good governance of forestry can play a significant role. Accordingly, current paper empirically analyzes their relationship. Design/Methodology/Approach: An index of Sustainable development is built. Then the data of forest area and governance indicator for period 2005-2019 for 128 countries, is subjected to estimation. In regression analysis, system generalized method of moments (SYS-GMM) is used for dynamic panel data specification, which can cater the issue of endogeneity in micro panels. Additionally, sample is bifurcated into developed countries and developing countries for segregated estimates. Findings: Empirical results reveal positive effect of forestry and effective governance on sustainable development index. Implications/Originality/Value: Recommendations include improving the governance practices and adoption of contemporary forms of forest management.

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Section: Literature Reviewmentioning

confidence: 99%