Studies from Henan University Describe New Findings in Earth Science (Natural Disasters’ Influence On Industrial Growth, Foreign Direct Investment, and Export Performance In the South Asian Region of Belt and Road Initiative)

2021 JUN 23 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx Science Daily -- Investigators publish new report on Science - Earth Science. According to news reporting out of Kaifeng, People’s Republic of China, by NewsRx editors, research stated, “The study was conducted to elaborate on the impact of two main components of natural disasters (Population affected and damages) on FDI, industrial growth, and export performance of the South Asian region alongside the Belt and road initiative over 1990-2016. We have conducted cross-sectional dependence (CDP) and slope homogeneity analysis of the data; after finding that the slopes are heterogeneous and CDP found, we have employed second-generation cointegration, Westerlund, the empirical results supported there is a cointegration relationship between the variables.”

Funders for this research include China Postdoctoral Science Foundation, School of Business Henan University Kaifeng China.

Our news journalists obtained a quote from the research from Henan University, “The empirical results obtained from the Augmented mean group long run estimator concluded that the impact of severe natural disasters on FDI is negative; we have found a partially positive effect on exports and a significantly positive relationship with industrial growth for the study area. The role of income and trade openness acts as substantial and positive determinants towards FDI, exports, and the industrial growth for the South Asian countries. However, interestingly, the empirics found the impression of energy consumption partially influential for all the models. In addition, inflation poses a negative role in the dependent variable for the study area.”

According to the news editors, the research concluded: “Finally, the policies are discussed for the negative responses of natural disasters and the positive responses that have been reached in the current study.”

This research has been peer-reviewed.

For more information on this research see: Natural Disasters’ Influence On Industrial Growth, Foreign Direct Investment, and Export Performance In the South Asian Region of Belt and Road Initiative. Natural Hazards, 2021. Natural Hazards can be contacted at: Springer, One New York Plaza, Suite 4600, New York, Ny, United States. (Springer - www.springer.com; Natural Hazards - http://www.springerlink.com/content/0921-030x/)

Our news journalists report that additional information may be obtained by contacting Lochan Kumar Batala, Henan University, School of Business, Kaifeng, People’s Republic of China. Additional authors for this research include Wangxing Yu, Xiaoli Wang, Anwar Khan and Kalpana Regmi.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1007/s11069-021-04759-w. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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