Modelling Government Investment and Economic Growth on a Macro Level: A Review

1998 ◽  
pp. 359-406 ◽  
Author(s):  
Jan-Egbert Sturm ◽  
Gerard H. Kuper ◽  
Jakob de Haan
Keyword(s):  
Economic Growth ◽  
Macro Level ◽  
Government Investment

scholarly journals Does Religiosity Affect Multidimensional Poverty? Evidence from World Values Survey (2010-2014)

2019 ◽  
Vol 32 (2) ◽  
pp. 3-24
Author(s):  
Salman Syed Ali Salman Syed Ali
Keyword(s):  
Economic Growth ◽  
Multidimensional Poverty ◽  
Macro Level ◽  
World Values Survey ◽  
Counting Approach ◽  
The Poor ◽  
The Impact

Based on macro-level observations that high religiosity is associated with lower economic growth, it is generally assumed that religiosity contributes to poverty. However, this conjecture may not be true because religion provides motivation to the poor, encourages cooperation in society, and influences preferences and habits in ways that could help reduce poverty. The present paper uses data from World Values Survey (WVS) covering 52 countries and 74,042 individuals, to construct a measure of multidimensional poverty based on deprivation counting approach and a measure of religiosity based on faith deprivation. It then addresses three questions: (a) Is religiosity similar among multidimensional-poor and non-poor? (b) Are there any differences in dimensions of deprivations among high religiosity and low religiosity people? (c) What is the impact of religiosity on multidimensional poverty? It finds that higher religiosity is associated with lower multidimensional poverty; faith-poor are more deprived in their protections of intellect and posterity than protections of life and wealth. A decrease in religiosity increases multidimensional poverty. An implication of the study is that a religious society would be less poor even if its economic growth is slow.

scholarly journals Has Local Government Debt Promoted Economic Growth in developing countries? New evidence from a survey in China

2021 ◽  
Vol 235 ◽  
pp. 01014
Author(s):  
Tao Wu ◽  
Peng Zhong ◽  
Lingyue Wu
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Local Government ◽  
Local Governments ◽  
Bond Market ◽  
Smooth Transition ◽  
Government Bond ◽  
Open Market ◽  
Government Investment ◽  
Smooth Transition Regression

Based on the panel smooth transition regression (PSTR) model, this paper empirically analyzes the relationship between Chinese local government’s bond financing and economic growth, with the quarterly panel data of bonds issued by local governments and their investment and financing platform companies in the open market from 2008 to 2018 as samples. The research shows that there is a gradual non-linear relationship between local government bond market financing and economic growth in China. With the increase of the scale of local government bond market financing in China, the effect of bond market financing on economic growth will gradually decline and have a negative effect. This result means that for developing countries like China, it is not advisable to rely solely on government investment to drive economic growth.

scholarly journals COVID-19: B40 HOUSEHOLD’S FINANCIAL AND CONSUMPTION DURING THE IMPLEMENTATION OF MOVEMENT CONTROL ORDER (MCO)

2021 ◽  
Vol 19 (15) ◽  
Author(s):  
Sharmila Thinagar ◽  
Siti Nurul Munawwarah Roslan ◽  
Mohd Khairi Ismail ◽  
Norshamliza Chamhuri
Keyword(s):  
Economic Growth ◽  
Movement Control ◽  
Income Group ◽  
Macro Level ◽  
Economic Risk ◽  
Daily Consumption ◽  
Financial Situation ◽  
Micro Level ◽  
Control Order ◽  
Malaysian Government

The outbreak of COVID-19 caused the Malaysian Government to take steps to implement the Movement Control Order (MCO). According to Bank Negara Malaysia, the implementation of MCO will have an impact on national incomes, with Malaysia’s estimated economic growth in 2020. The effect of MCO not only affects the macro level, but also at the micro level, particularly those groups of households with the lowest income of 40%. (B40). The B40 income group is a group of households that are expected to face high economic risk and directly affect their patterns of consumption during the implementation of the MCO. This study contributes to the empiric study related to COVID-19 and the implementation of MCO in the B40 group. This study analysed the pattern of financial and consumption of B40 households in Malaysia during the implementation of MCO. The findings show that the financial situation of the B40 household has changed the patterns of daily consumption following the implementation of the MCO.

scholarly journals Revisiting the Relationship between Economic Growth and Government Size

2012 ◽  
Vol 2012 ◽  
pp. 1-8 ◽  
Author(s):  
Atrayee Ghosh Roy
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Government Expenditure ◽  
Private Investment ◽  
The United States ◽  
Simultaneous Equation ◽  
Series Data ◽  
Government Size ◽  
Government Investment ◽  
Government Consumption

The purpose of this paper is to explore the association between government size and economic growth in the United States using time-series data over the period 1950–2007. In particular, this paper examines the effects of two key components of government expenditure, namely, government consumption and government investment, on US economic growth. A simultaneous-equation model is used to deal with the problem of bi-directional relationship between government size and economic growth. The results suggest that an increase in government consumption slows economic growth, while a rise in government investment enhances economic growth. Furthermore, the results also show that government investment crowds out private investment. Therefore, the overall effect of total government expenditure on economic growth is ambiguous.

The Swedish government is likely to win September vote

2018 ◽  
Keyword(s):  
Economic Growth ◽  
Law And Order ◽  
Consumer Spending ◽  
Government Investment ◽  
Content Type ◽  
Parliamentary Elections ◽  
Eu Integration ◽  
The United Kingdom ◽  
Minority Government ◽  
The Right

Subject Sweden's 2018 budget. Significance The minority government presented its last budget before the September 9 parliamentary elections earlier this month. The budget and its implementation are the government's last chance to emphasise its policy priorities, address problems and appeal to voters at a time when the main opposition party, the Moderates, is recovering in the polls. Impacts The expansive 2018 budget will support economic growth by boosting government investment and consumer spending. The salience of immigration and law and order means policies in these areas are likely to shift to the right after the election. A centre-right government supported by the Sweden Democrats would adopt a more cautious approach to EU integration. The next government will have to build new alliances to offset the loss of the United Kingdom as a key EU ally after Brexit.

scholarly journals PENGARUH INVESTASI TERHADAP PERTUMBUHAN EKONOMI KOTA SURABAYA DAN PEMILIHAN LOKASI PERMUKIMAN DAN TRANSPORTASI DI KOTA SURABAYA

2009 ◽  
Vol 5 (2) ◽  
Author(s):  
* JAMHADI
Keyword(s):  
Economic Growth ◽  
Practical Implication ◽  
Central Business District ◽  
Private Investment ◽  
Government Investment ◽  
Agriculture Sector ◽  
Economical Development ◽  
Business District ◽  
Economical Growth ◽  
The Village

The objective of this Dissertation (1) to verify and analyze the influence of private investment toward economical development. (2) to ensure and analyze the influence of government investment toward the economical development. The find in this dessertatition are (1) Government investment and private investment fromSurabayaand its hinterland city influences enough for economical growth. (2) the existing of hinterland area which influences the economical growth are Pasuruan and Mojokerto. Practical implication for Surabaya Local Government are: (1) to stimulate the village economic growth through the improvement of secondary town plan in the form of small business which give service and marketing of farming tools and material in order to stimulate of the absorption of employee more over in agriculture sector (2) the improvement of administration capacity for secondary town to organize the manufacture growing more efficient and regional development. Keywords:      Migrant; Economic Growth; Urban Economy; Central Business District (CBD).

scholarly journals Theoretical analysis and relationship of government and private investment on economic growth and employment absorption

2021 ◽  
Vol 9 (3) ◽  
pp. 059-067
Author(s):  
M. Ramadhan
Keyword(s):  
Economic Growth ◽  
Theoretical Analysis ◽  
Natural Resources ◽  
Private Investment ◽  
Government Policies ◽  
Government Investment ◽  
Public And Private ◽  
Depth Analysis ◽  
Relationship Of ◽  
Poverty Levels

One of the goals to be achieved in developing public and private investment is to encourage economic growth and employment. Positive economic growth is needed because it means that it has driven faster economic growth and increased the absorption of Employment. This study aims to obtain an analysis of the theoretical relationship between government investment and private investment on economic growth and employment, especially in South Kalimantan Province as the object of research. South Kalimantan Province is one of the regions in Indonesia which has a large potential for natural resources. The method used in this research is to use Path Analysis and analysis of theoretical findings based on in-depth analysis of various literature studies and observations which are expected to prove that government investment and private investment affect employment and economic growth which in turn can affect poverty levels. . The results of the study are expected to obtain important theoretical findings that can contribute to the formulation of government policies.

scholarly journals The Effect of Investment on Poverty with Economic Growth as An Intervening Variables in Central Sulawesi

2021 ◽  
Vol 8 (1) ◽  
pp. 320-332
Author(s):  
Christina Shandra Tobondo ◽  
Djayani Nurdin ◽  
Eko Jokolelono
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Partial Least Square ◽  
Equation Modeling ◽  
Direct Influence ◽  
Domestic Investment ◽  
Government Investment ◽  
Independent Variable ◽  
Poverty Levels ◽  
Central Sulawesi

This study aims to analyze the direct and indirect effects of foreign investment (PMA), domestic investment (PMDN), and government investment on poverty levels through economic growth in Central Sulawesi Province. Research explanations (explanatory research) will prove a causal relationship between the independent variable (independent variable) foreign direct investment (FDI), investment in the country (domestic), and government investment, with poverty as the dependent variable (dependent variable) with a variable economic growth as a variable intervening. The type of data used in this study is panel data (pooled data). The sampling method used purposive sampling technique. Using SEM (Structural Equation Modeling) analysis tools with the PLS (Partial Least Square) approach. The results of the first hypothesis show that there is a direct influence between foreign investment (PMA) and government investment on poverty levels in Central Sulawesi, but there is no direct influence between domestic investment (PMDN) on poverty levels in Central Sulawesi. The second hypothesis testing shows that there is an indirect effect between foreign investment, domestic investment, and government investment on poverty levels through economic growth in Central Sulawesi. Efforts to increase economic growth and reduce poverty in Central Sulawesi can be carried out through the creation of a conducive social, political, legal, and bureaucratic system, the realization of investment that is directly correlated with economic programs to alleviate poverty, and maximize the use of Corporate Social Responsibility funds. (CSR) by local governments through the body of the APBD.   Int. J. Soc. Sc. Manage. Vol. 8, Issue-1: 320-332  

scholarly journals The Relationship between Property Rights and Economic Growth: an Analysis of OECD and EU Countries

2015 ◽  
Vol 6 (4) ◽  
pp. 217-239 ◽  
Author(s):  
Ceyhun Haydaroğlu
Keyword(s):  
Economic Growth ◽  
Property Rights ◽  
Institutional Structure ◽  
Macro Level ◽  
Short Term ◽  
Eu Countries ◽  
Bounds Test ◽  
The Relationship ◽  
Positive Effect ◽  
Level Property

Abstract In recent years, institutions and institutional structure have become some of the most popular concepts analyzed by economics theory. New growth theories have especially focused on the effects of institutions and institutional structure on a macro level. Property rights are one of the most important elements of this institutional structure. The relationship between property rights and economic growth have drawn the attention of many researchers and policymakers in recent years. The aim of this study, covering the period 2007–2014, is to examine the relationship between property rights and economic growth with the help of PARDL in OECD and EU countries. According to the result of a bounds test, there is cointegration between the variables. The long- and short-term relationships between series were determined and the results taken from the analysis show that there is a positive effect on economic growth in those countries.

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