Does the Trade-Openness Channel Impact the Effects of Business Confidence Shocks on Investment Growth?

2019 ◽  
pp. 55-67
Author(s):  
Nombulelo Gumata ◽  
Eliphas Ndou
Keyword(s):  
Trade Openness ◽  
Business Confidence ◽  
Investment Growth

scholarly journals Relationship between Macroeconomic Policy and Long-Run Economic Growth of Nepal

2021 ◽  
Vol 3 (2) ◽  
pp. 265-276
Author(s):  
Mohan Khanal
Keyword(s):  
Economic Growth ◽  
Trade Openness ◽  
Production Model ◽  
Macroeconomic Variables ◽  
Long Run ◽  
Fixed Capital Formation ◽  
Investment Growth ◽  
Bound Test ◽  
Cointegration Relationship

 Background: The paper is an attempt to find the long-run relationship between macroeconomic variables and economic growth in Nepal. The variables in the study are run across the Cobb-Douglas production model. Objective: This paper examines the relationship between Gross Fixed Capital Formation, Population, Trade openness, Money Supply and GDP growth economic growth in Nepal. Method: The ARDL bound test and Error Correction model incorporated in the study to examine the long-run relationship among macroeconomic variables. Conclusion: Based on the Bound Test of F-statistics the Cointegration Result exists among the variable and ARDL (1,1,1,1,1) relation is estimated. Implications: Since the study has found the existence of a cointegration relationship on the variables of the study and the long-term relationship among economic growth is significant with GFCF. The policy should be targeted at investment growth in Nepal.

scholarly journals Multinational Firm Growth and Sustainability Responses to Dynamics of Business Regulations in Host Market

2021 ◽  
Vol 13 (24) ◽  
pp. 13945
Author(s):  
Damto Basha Chewaka ◽  
Changzheng Zhang
Keyword(s):  
Firm Growth ◽  
Trade Openness ◽  
Fixed Effect Model ◽  
Multinational Firm ◽  
Business Climate ◽  
African Countries ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
Business Regulations ◽  
Investment Growth

Dynamics in business regulations measured by ease of doing business is a new approach that indicates countries’ business climate reforms toward suitability for investment growth. The present study took three variables from the ease of doing business data and evaluated them toward predictive power of FDI flow to 19 Sub-Saharan African countries by using fixed-effect model. Based on the analysis, the official time, procedures, costs, and minimum capitals in starting a business stage, enterprise registrations and official permissions of the firm establishment had a material effect on investment growth. Even though, on one side trade openness and the growing market size was seen as an opportunity, the deep-rooted corruption and landlocked was the trap for the smooth growth of firms in the region.

scholarly journals Inflation and the public investment: Growth relationship in Vietnam

2018 ◽  
Vol 25 (S01) ◽  
pp. 50-67
Author(s):  
Bon Nguyen Van
Keyword(s):  
Economic Growth ◽  
Public Investment ◽  
Trade Openness ◽  
Private Investment ◽  
Public Capital ◽  
Policy Implications ◽  
The Public ◽  
Capital Spending ◽  
Investment Growth

Public capital spending positively contributes to economic growth and development in many countries worldwide. However, questions concerning the importance of inflation in the public investment–growth relationship are of great interest. This study examines the role of inflation in the public investment–growth relationship in Vietnam using the two-step GMM Arellano-Bond estimators for a balanced panel data of 52 provinces during the period of 2005–2014. More interesting are the empirical findings. First, inflation significantly increases the volume of public capital spending. Second, public investment and inflation enhance economic growth, but their interaction term impedes it. Third, private investment, government recurrent expenditure, and trade openness are the significant determinants of growth. These findings suggest some important policy implications related to public capital spending and inflation in developing countries, specifically the Vietnam government.

The Political Economy of Trade Openness Reform: Consequences of Reform for Russian Border Regions

2011 ◽  
pp. 118-138
Author(s):  
N. Ryzhova
Keyword(s):  
Political Economy ◽  
International Trade ◽  
Trade Openness ◽  
Income Redistribution ◽  
The Political ◽  
Trade Reform ◽  
Border Regions

The article deals with the incentives for increasing international trade centralization and restricting trade border regions openness in reformed economy. Two groups of incentives are determined in terms of new political economy approaches: fear of separatism and reluctance of income redistribution. The situation with the radical international trade reform in Russia, followed by correction of trade openness, illustrates key moments in the concepts.

Economic Growth and Macro Variables in India: An Empirical Study

2015 ◽  
pp. 42-59
Author(s):  
Saba Ismail ◽  
Shahid Ahmed
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Trade Openness ◽  
Capital Formation ◽  
Gdp Growth ◽  
Fdi Inflows ◽  
Domestic Capital ◽  
The Government ◽  
Macro Variables ◽  
Determinants Of Economic Growth

The research objective of this paper is to explore the empirical linkages between economic growth and foreign direct investment (FDI), gross fixed capital formation (GFCF) and trade openness in India (TOP) over the period 1980 to 2013. The study reveals a positive relationship between economic growth and FDI, GFCF and TOP. This study establishes a strong unidirectional causal flow from changes in FDI, trade openness and capital formation to the economic growth rates of India. The impulse response function traces the positive influence of these macro variables on the GDP growth rates of India. The study also reveals that the volatility of GDP growth rates in India is mainly attributed to the variation in the level of GFCF and FDI. The study concludes that the FDI inflows and the size of capital formation are the main determinants of economic growth. In view of this, it is expected that the government of India should provide more policy focus on promoting FDI inflows and domestic capital formations to increase its economic growth in the long-term.

The relationship between output growth and unemployment in the Philippines economy (1990-2014):

2017 ◽  
Vol 5 (1) ◽  
pp. 49
Author(s):  
Marlon A. Mojica ◽  
Virgilio M. Tatlonghari
Keyword(s):  
Labor Force ◽  
Structural Break ◽  
Empirical Relationship ◽  
Trade Openness ◽  
Negative Relationship ◽  
Participation Rate ◽  
The Philippines ◽  
Output Growth ◽  
Recursive Least Squares ◽  
Parameter Instability

This paper examines the empirical relationship between unemployment and real output in the Philippines utilizing quarterly data from the Labor Force Survey by the Philippine Statistics Authority for the period from 1990-2014. The study employed three variants of Okun’s Law – the “gap” approach, the “first difference” approach, and a dynamic approach.   Findings show that the Okun’s coefficients based on the gap approach are consistent with the theoretical expectation of a negative relationship.  In the ARDL model, labor force participation rate and trade openness were found to be significantly related to unemployment. The result of dummy variable test revealed the presence of structural break following the re-definition of unemployment in the Philippines in 2005. Recursive least squares and rolling regressions show evidence of parameter instability in several sub-periods.

Impacts of Business Confidence and Consumer Confidence on VN-Index

2014 ◽  
Vol 222 ◽  
pp. 76-88
Author(s):  
THAN THI THU THUY ◽  
PHAM THI BICH THAO
Keyword(s):  
Consumer Confidence ◽  
Business Confidence

PENGARUH KUALITAS SDM DAN INFRASTUKTUR TERHADAP PERTUMBUHAN INVESTASI DI GALERI INVESTASI BEI FEBI IAIN LHOKSEUMAWE

2019 ◽  
Vol 4 (1) ◽  
pp. 31-36
Author(s):  
Ismaulina Ismaulina ◽  
Suryani Suryani
Keyword(s):  
Human Resources ◽  
Multiple Regression ◽  
Capital Market ◽  
Secondary Data ◽  
Infrastructure Development ◽  
Business Faculty ◽  
Investment Growth

This study aims to explain the effect of human resources and infrastructure quality on investment growth in the Economic and Business Faculty (FEBI IDX Investment Gallery) IAIN Lhokseumawe. Data were collected using secondary data, and multiple regression was used to test the hypotheses. The results show that only investment has a significant effect on investment growth. The implications are infrastructure development have an important role to support investment and the number of potential investors in investing in the Islamic capital market.

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