Now we discuss the marginal impact of GDP growth rate, the square of GDP growth rate, the cube of GDP growth rate, urbanization proxied by the change in urban population density (DUPD), Road sector diesel fuel consumption (ENR), foreign direct investment as percentage of GDP (FDI), trade openness on carbon emission in long run as well as in short run.
Urbanization Urban DUPD It is the total population number of density people living in urban areas as the percentage of total population.
Summary: Real estate developer DUPD
LN) announced that its subsidiary Arricano (a local shopping mall developer in which DUPD
acquired a 35% stake in September 2010 for US$ 30mn) has raised US$ 60mn in fresh equity to finance several expansion projects.