How Did Globalization Boost the Nuts Production in Indonesia?
الموضوعات :Eko Hendarto 1 , Sandhir Sharma 2 , Maria Jade Catalan Opulencia 3 , Mohammed Khudair Hasan 4 , Aiman Mohammed Baqir Al-Dhalimy 5 , Iskandar Muda 6 , Mohammed Abed Jawad 7 , Krishanveer Singh 8 , Noor Abdul Ameer Jabar 9
1 - Faculty of Animal Science, Jenderal Soedirman University, Purwokerto, Central Java, IndonesiaFaculty of Animal Science, Jenderal Soedirman University, Purwokerto, Central Java, Indonesia
2 - Chitkara Business School, Chitkara University, Punjab, India
3 - College of Business Administration, Ajman University, Ajman, United Arab Emirates
4 - Al-Manara College of Medical Sciences, Department of Pharmacy, Missan, Iraq
5 - College of Nursing, Altoosi University, Najaf, Iraq
6 - Department of Doctoral Program, Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia
7 - Al-Nisour University College, Baghdad, Iraq
8 - Assistant Professor, GLA University Mathura, India
9 - Al-Manara College for Medical Sciences, Maysan, Iraq
الکلمات المفتاحية: Globalization, Indonesia, NARDL model, Nuts production,
ملخص المقالة :
Agriculture plays a key role in Indonesia’s economy as it provides notable job opportunities for the people and contributes to the country’s foreign income. The Indonesian government initialized integration into the world economy through the implementation of development plans three decades ago. It has considerably influenced all economic sectors, including agriculture. Official data on nuts production shows that this activity has followed outstanding progress since the time that the plan came into force. Hence, the current study investigates the possible impacts of globalization on nuts production in Indonesia. To do so, we applied the non-linear autoregressive distributed lag model (NARDL) to two variables of interest, namely the nuts production and the KOF globalization index for the period 1975-2019. The main findings prove the existence of a long-run equilibrium relationship between the variables of interest. Moreover, the positive shocks to the globalization index have a direct impact on nuts production. In addition, we found evidence of the significant asymmetry between the globalization index and the nuts production in Indonesia, implying the significant difference between the effect of positive and negative shocks to globalization on nuts production.
Asadikia H, Oyarhossein R, Saleh I, Rafiee H, Zare S (2009) The relationship between economic growth and air pollution considering the effect of Iranian development programs. Journal of Environmental Studies. 35, 93-100
Bohlooli P (2013) An investigation into the impact of foreign direct investment on environmental pollution in Iran. Journal of Quantitative Studies in Management. 2, 181-200
Chupradit S, Yannan D, Kamran HW, Soudagar SS, Shoukry AM, Khader JA (2021) Measuring technical efficiency associated with environmental investment: does market competition and risk matters in the banking sector. Environmental Science and Pollution Research. DOI: 10.1007/s11356-021-14782-w. PMID: 34235695.
FAOSTAT (2020) Food and Agriculture Organization of the United Nations, FAOSTAT Database. http://faostat.fao.org/site/291/default.aspx
Ge Y, Wu H (2018) Environmental assessment of asymmetric hysteresis of China’s crude oil price to gasoline price. Ekoloji. 27, 1563–1574
Hipólito Leal P, Cardoso Marques A (2019) Are de jure and de facto globalization undermining the environment? Evidence from high and low globalized EU countries. Journal of Environmental Management, 250 (August), 109460. https://doi.org/10.1016/j.jenvman.2019.109460
Khan MK, Teng JZ, Khan MI, Khan MO (2019) Impact of globalization, economic factors and energy consumption on CO2 emissions in Pakistan. Science of the Total Environment. 688, 424–436. https:// doi.org/10.1016/j.scitotenv.2019.06.065
Kwabena Twerefou D, Danso-Mensah K, Bokpin GA (2017) The environmental effects of economic growth and globalization in Sub-Saharan Africa: A panel general method of moments approach. Research in International Business and Finance. 42, 939–949. https://doi.org/10.1016/j.ribaf.2017.07.028
Lin B, Xu B (2018) Factors affecting CO2 emissions in China’s agriculture sector: A quantile regression. Renewable and Sustainable Energy Reviews. 94,15–27. https://doi.org/ 10.1016/j.rser.2018.05.065
Liu Z, Wang F, Tang Z, Tang J (2020) Predictions and driving factors of production-based CO2 emissions in Beijing, China. Sustainable Cities and Society. 53(October 2019), 101909. https:// doi.org/ 10.1016/ j.scs.2019. 101909
Moghaddasi R, Anoushe Pour A (2016) Energy consumption and total factor productivity growth in Iranian agriculture, Energy Reports. 2, 218-220
Mousavi NA, Niazi N, Farajzadeh Z (2013) Effects of globalization on pollution diffusion in Iran. Agricultural Economics Research. 5, 75-90
Omokpariola DO, Okechukwu VU, Omokpariola PL (2021) Effects of processing on the nutritive and anti-nutritive properties of Afzelia Africana. Advanced Journal of Chemistry-Section B. 3(2), 188-198
Pesaran HM, Pesaran B (1997) Microfit 4. Oxford University Press, England.
Pesaran HM, Shin Y (1998) An autoregressive distributed lag modeling approach to co-integration analysis. Cambridge University Press, Cambridge. 371-413
Pesaran MH, Shin Y, Smith RJ (2001) Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics. 16, 289–326
Sarrafi Zanjani M, Mehregan N (2018) Asymmetric effect of exchange rate risk on the stock index of export-oriented industries using the NARDL model. Journal of Research in Economic Modeling. 9, 89–116
Shahbaz M, Mallick H, Mahalik M. K, Loganathan N (2015) Does globalization impede environmental quality in India? Ecological Indicators. 52, 379–393
Shahbaz M, Solarin SA, Ozturk I (2016) Environmental Kuznets Curve hypothesis and the role of globalization in selected African countries. Ecological Indicators. 67, 623–636
Shin Y, Yu B, Greenwood-Nimmo M (2014) Festschrift in honor of Peter Schmidt. In Festschrift in Honor of Peter Schmidt. https://doi.org/10.1007/978-1-4899-8008-3You W, Lv Z (2018) Spillover effects of economic globalization on CO2 emissions: A spatial panel approach. Energy Economics. 73, 248–257
Sudaryanto T (2018) An Overview of Indonesia’s agricultural policies in 2018, FFTC Agricultural Policy Platform, http://ap.fftc.agnet.org/files/ap_policy/903/903_1.pdf.
Susanto AD, Harahap RA, Antariksa B, Basalamah MA, Nurwidya F (2020) The prevalence and related risk factors of obstructive sleep apnea in heart failure patients at the Indonesian referral hospital for respiratory diseases. Journal of Natural Science, Biology and Medicine. 11(2), 164-183
Tang D, Bu T, Liu Y, Dong X (2020) The impact of mothers' dietary patterns on children's nutritional status in China. American Journal of Health Behavior. 44(5), 719-731
Tavakoli Kazeroni A, Feshari M (2010) The effect of industrial exports on the Iranian environmental quality (1973-2006). Iranian Journal of Trade Studies. 14, 183-212
Tavakkolnia MR, Akbarian MA (2011) Opportunity or threat for environment. Strategic Studies of Public Policy. 2, 97-120.
Umapathi SA, Natarajan JC (2020) Improving degradation of polyethylene /acrylic dextrose with ground nut powder. Chemical Methodologies. 4(1), 100-105