COVID-19 pandemic and unemployment rate prediction for developing countries of Asia: A hybrid approach.

Unemployment is an essential problem for developing countries, which has a direct and major role in economy of a country. Understanding the pattrens of unemployment rate is critical now a days and has drawn attention of researcher from all fields of study across the globe. As unemployment plays an important role in the planning of a country's monetary progress for policymakers and researcher. Determining the unemployment rate efficiently required an advance modeling approach. Recently,numerous studies have relied on traditional testing methods to estimate the unemployment rate. Unemployment is usually nonstationary in nature. As a result, demonstrating them using traditional methods will lead to unpredictable results. It needs a hybrid approach to deal with the prediction of unemployment rate in order to deal with the issue associated with traditional techniques. This research primary goal is to examine the effect of the Covid-19 pandemic on the unemployment rate in selected countries of Asia through advanced hybrid modeling approach, using unemployment data of seven developing countries of Asian: Iran, Sri Lanka; Bangladesh; Pakistan; Indonesia; China; and India,and compare the results with conventional modeling approaches. Finding shows that the hybrid ARIMA-ARNN model outperformed over its competitors for Asia developing economies. In addition, the best fitted model was utilised to predict five years ahead unemployment rate. According to the findings, unemployment will rise significantly in developing economies in the next years, and this will have a particularly severe impact on the region's economies that aren't yet developed.

Regional effects of the renewable energy components on CO2 emissions of Asia-Pacific countries.

This paper utilizes spatial econometric reenactments to examine the geographic effects of different types of environmentally friendly power on corban discharges. The example covers 31 nations in the Asia-Pacific district during the time frame 2000 to 2018. The spatial connection in the model was affirmed by symptomatic testing, and the spatial Durbin model was picked as the last model. Results show that Gross domestic product per capita, receptiveness to business sectors, unfamiliar direct venture, energy force, and urbanization critically affect CO2 emanations. In correlation, just wind and sunlight-based energy have added to a generous abatement in ozone harming substance emanations in nations over the long run. In contrast, hydropower, bioenergy, and geothermal energy discoveries have been irrelevant. A cross-sectional examination worldview delineated that nations with more elevated sunlight-based energy yield have higher CO2 outflows, while nations with lower levels have lower CO2 emanations. The presence of spatial impacts in the model gave off an impression of the negative consequences for homegrown CO2 outflows of Gross domestic product per capita and exchange transparency of adjoining nations. Furthermore, energy power and higher creation of sustainable power in adjoining nations will prompt lower homegrown CO2 outflows.