Financing Manufacturing Innovation in Argentina, 1890–1930

2009 ◽  
Vol 83 (3) ◽  
pp. 539-562 ◽  
Author(s):  
Yovanna Pineda
Keyword(s):  
Economic Growth ◽  
Industrial Development ◽  
Raw Materials ◽  
Government Policies ◽  
Skilled Labor ◽  
Technological Capabilities ◽  
Long Run ◽  
Manufacturing Innovation ◽  
Two Factors ◽  
Political Factions

Between 1890 and 1930, Argentina's manufacturers invested in imported machinery. Although they aligned with political allies to advance and protect their companies, their dependence on imported machinery, raw materials, fuel, and expensive skilled labor were obstacles to their success. Two factors slowed the progress of these entrepreneurs: their lack of technological capabilities and the absence of government policies to address the problems entailed in importing foreign machinery. Several political factions supported industry's efforts to reduce dependence on imported products and to diversify the economy. While these supporters hoped to promote industry through the passage of legislation to raise the tariff rate, their strategy represented a compromise that stifled the drive to innovate that is so necessary for long-run economic growth and industrial development.

scholarly journals The role of diversity and tolerance in economic development

2021 ◽  
Author(s):  
Witold Kwasnicki
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Development ◽  
Evolutionary Process ◽  
Evolutionary Model ◽  
Industry Development ◽  
Radical Innovations ◽  
Long Run

AbstractThis paper presents an evolutionary model of industry development, and uses simulations to investigation the role of diversity and heterogeneity in firms’ behaviour, and hence industrial development. The simulations suggest that economic growth is increased with greater variety, in the sense of the evolutionary process approaching the equilibrium faster and also, in the long run, moving faster from one equilibrium to a new, more advanced, equilibrium. This occurs due to higher variety caused by a more tolerant environment, and due to the higher probability of emergence of radical innovations.

scholarly journals Environment Potential and Adjusting of Gross Domestic Product to the Safe Industrial Development

2018 ◽  
Vol 41 ◽  
pp. 04001
Author(s):  
Michal Cehlár ◽  
Zou Liang ◽  
Lian Wan ◽  
Khanindra Madauri ◽  
Sergey Krysin
Keyword(s):  
Economic Growth ◽  
Global Economy ◽  
Industrial Development ◽  
Raw Materials ◽  
High Tech ◽  
Negative Consequences ◽  
Resource Base ◽  
Environmental Goods ◽  
Goods And Services ◽  
Social And Economic Development

The importance of the natural resource and environmental factors in the development of the modern economy is becoming more important in the context of energy security and the quality of economic growth. This is also due to the fact that the state’s policy in increasing GDP has been adjusted to a qualitative social-and-economic development. In this regard, the quantitative measurement of the quantity and quality ratio of economic growth is relevant. The rise of the global economy as a whole and its individual territories is due to both a high-tech breakthrough and the development of raw materials industries – oil, gas, coal and metallurgy. Currently, to meet the needs of society in natural resources, environmental goods and services, ever-increasing costs are required for expanded reproduction of the mineral resource base and compensation for negative consequences resulting from the degradation of ecological systems and pollution of the natural environment.

The Role of Urbanisation in the Economic Development Process: Evidence from Nigeria

2017 ◽  
Vol 11 (3) ◽  
pp. 223-255 ◽  
Author(s):  
Sakiru Adebola Solarin
Keyword(s):  
Economic Growth ◽  
Least Squares ◽  
Error Correction ◽  
Industrial Development ◽  
Ordinary Least Squares ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run ◽  
Determinants Of Economic Growth ◽  
The Relationship

The aim of this article is to investigate the relationship between urbanisation and economic growth, while controlling for the agricultural sector, industrial development and government expenditure in Nigeria. The autoregressive distributed lag (ARDL) approach to cointegration is applied to examine the long-run relationship between the variables over the period 1961–2012. In the process of estimating the long-run coefficients, the ARDL method is augmented with a fully modified ordinary least squares (FMOLS) estimator and a dynamic ordinary least squares (DOLS) estimator. The direction of causality between the variables is examined through the vector error correction method (VECM) Granger causality test. The results establish the existence of a long-run relationship in the variables. The results of the long-run regressions indicate the presence of long-run causality from urbanisation, agriculture and industrialisation to economic growth. Due to the deficiencies associated with the single-equation methods (including the ARDL model), we also use the structural vector error correction model (SVECM) to analyse the relationship between the variables. The impulse response and variance decomposition analyses derived from the SVECM method suggest that urbanisation, agriculture and industrialisation are important determinants of economic growth. The implications of the results are discussed. JEL Classification: Q43, O55, O18

scholarly journals The Analysis of Industrial Sickness with Reference to the FCIL

2016 ◽  
Vol 1 (1) ◽  
pp. 32-39
Author(s):  
Durgaprasad Navulla ◽  
G. Sunitha ◽  
Jhansi Rani Boda
Keyword(s):  
Industrial Development ◽  
Raw Materials ◽  
Present Situation ◽  
Government Policies ◽  
Preventive Actions ◽  
Policy Measures ◽  
Cut Problems ◽  
Near Future ◽  
A Company ◽  
Poor Management

Objective - The growth and magnitude of industrial sickness is a dangerous issue, not only for the present situation but also for the near future. There are many reasons that could have caused a company to become sick and the reasons could be internal or external or a combination of both. In that regard, this paper aims to analyse the presence of industrial sickness by reviewing the revival policy measures of the Fertilizer Corporation of India Limited (FCIL), particularly the Ramagundam unit. Methodology/Technique - Data for this paper are extracted from sources such as the Indian Economy reports, the Department of Fertilizers Government of India reports and personal interviews with the employees of the Fertilizers Corporation of India Limited, Ramagundam unit. Findings - The results showed that the FCIL unit became sick mainly because of poor management decisions, feeble human resource management, use of outdated technology, power-cut problems, non-availability of raw materials and wrong government policies. Novelty - This paper highlights why the FCIL has been declared as a sick company and what sort of government policies and preventive actions should be taken for revival or to rehabilitate the company. Type of Paper: Empirical Keywords: Sickness; Revival Measures; Industrial Development; Fertilizers.

scholarly journals PROBLEMS OF INVESTMENT SUPPORT FOR INNOVATION DEVELOPMENT

2017 ◽  
Vol 21 (5) ◽  
pp. 114-122
Author(s):  
V. V. Bredikhin ◽  
T. S. Kolmykova ◽  
E. O. Astapenko
Keyword(s):  
Economic Growth ◽  
Industrial Development ◽  
Raw Materials ◽  
Import Substitution ◽  
Complex Problem ◽  
Capital Investments ◽  
Investment Activity ◽  
Support For Innovation ◽  
Production And Consumption ◽  
National Economic

The current socio-economic situation in Russia is developing under the influence of anti-Russian sanctions, the intensification of global competition, the complication of the world political situation. Against this background, a complex problem requiring an integrated and systemic solution is to ensure sustainable parameters of economic growth. As the economy has a tendency to repeat the dynamics, it allows us to identify the cyclical nature of its development. Successful industrial development is replaced by periods of decline, accompanied by inflation and unemployment, a decline in production and consumption. The study of socio-economic dynamics in a long-term retrospective allows us to identify patterns in development and develop a set of anti-crisis measures. In this paper, we study the dynamics of socio-economic processes that accompany the development of the national economic complex in recent years. Analysis of the dynamics of the GDP of the Russian Federation made it possible to discover the cyclical nature of its development. From 2002 to 2015, two cycles were identified: the first - from 2002 to 2008; the second - from 2009 to 2015. After the global financial and economic crisis of 2008-2009, Russia noted the post-crisis economic recovery, which was interrupted in 2013-2014 by the introduction of international economic sanctions against Russia. The slowdown in economic growth since 2014 was determined by external shocks in the energy and raw materials markets, as well as by geopolitical tensions and, as a result, the closure of foreign capital markets for a number of Russian companies and banks. Analysis of investment as the main catalyst for economic growth showed a fall in investment volumes amid the effects of the crises of 2008 and 2013-2015. A decrease in investment activity in the regional structure of investments was noted. The modern tendencies in reorientation of regional investments in the branch, not subject to sanctions influence and working on realization of import substitution policy are revealed. Groups of activities aimed at stimulating capital investments and ensuring sustainable economic development in the regions have been formed.

scholarly journals Innovative and intelligent solutions for recycling of household waste in Bulgaria

2017 ◽  
Vol 1 (1) ◽  
pp. 52-66
Author(s):  
Krasimira Atanasova Dimitrova
Keyword(s):  
Economic Growth ◽  
Best Practices ◽  
Waste Disposal ◽  
Waste Treatment ◽  
Raw Materials ◽  
Human Life ◽  
Household Waste ◽  
Waste Generation ◽  
Long Run ◽  
Landfill Sites

Waste from industrial and other human activities, as well as household waste is a major source of environmental pollution. If it is controlled and managed in a adequate and intelligent way, the waste can be a valuable source of raw materials, especially considering that many of them are becoming more and more scarce. Many countries still manage their waste by landfills, although they are not sustainable in the long run. Landfill sites are potential pollutants of soil, water and air. The uncontrolled waste disposal can cause the release of chemicals that pose a danger to the human life and health. Among other things, the valuable materials in waste are lost. It is impossible to stop waste generation and the only alternative is their reuse through recycling and innovative utilization. Good waste management can greatly contribute to economic growth and work places creation. It saves valuable resources, helps to avoid expensive cleaning activities, as well as to prevent health and environmental problems. This study aims to analyze the situation of waste treatment in Bulgaria and to search for innovative intelligent solutions, based on international experience and best practices..

Supply Side Reform and UK Economic Growth: What Happened To The Miracle?

1995 ◽  
Vol 154 ◽  
pp. 53-70 ◽  
Author(s):  
Nicholas Oulton
Keyword(s):  
Economic Growth ◽  
Labour Force ◽  
Industrial Relations ◽  
Supply Side ◽  
Union Power ◽  
Productivity Improvement ◽  
Long Run ◽  
Two Factors ◽  
Oil Shock ◽  
Post War

Two institutions have retarded UK productivity growth in the post-war period: industrial relations and education. The failings of both were largely addressed in the 1980s. The productivity improvement of the 1980s was genuine and was largely due to the reduction in union power brought about by the trade union legislation of the 1980s. The 1980s and 1990s have also seen large falls in the proportion of the labour force which is unqualified and rises in enrolment rates in further and higher education, changes which tend to increase long-run growth. But two factors have obscured the extent o f the improvement. First, the whole climate for economic growth is less favourable than it was in the so-called Golden Age prior to the first oil shock in 1973. Second, UK macroeconomic policy compares poorly with other OECD countries: booms have been shorter and recessions longer, so that microeconomic success has been masked by macroeconomic failure.

scholarly journals Industri Perunggasan: Memadukan Pertumbuhan dan Pemerataan

2016 ◽  
Vol 20 (1) ◽  
pp. 50 ◽  
Author(s):  
NFN Saptana ◽  
Rosmijati Sayuti ◽  
Khairina M. Noekman
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Negative Impact ◽  
Government Policies ◽  
Efficiency Improvement ◽  
Poultry Industry ◽  
Structural Problems ◽  
Long Run ◽  
Accelerate Growth ◽  
The Government

<p><strong>English<br /></strong>Regarding sustainable economic development, the government have to consider three main roles, i.e. : to accelerate growth through efficiency improvement, to generate equity and justice, and to maintain stability as well as macro-economic growth. The economic system being exclusively bias to one of the said economic dimensions will not sustainable in the long-run. The assessment which accommodate complementary growth and equity on poultry industry is important, due to structural problems on the respective industry, in addition to marginalization of smallholder poultry farmers. Government policies being bias toward economic growth in the condition of economic crisis have substantial negative impact on national poultry industry.</p><p> </p><p><strong>Indonesian<br /></strong>Dalam konteks pembangunan ekonomi berkelanjutan pemerintah mempunyai tiga fungsi sentral yaitu meningkatkan efisiensi guna mempercepat pertumbuhan, menciptakan pemerataan dan keadilan, memacu pertumbumhan ekonomi secara makro dan menjaga stabilitasnya. Suatu sistem perekonomian yang bias ke salah satu tujuan akan menghasilkan kinerja pembangunan ekonomi yang rapuh. Dalam kontek ini, kajian yang memadukan antara pertumbuhan dan pemerataan pada industri perunggasan di pandang sangat relevan, karena pada bidang usaha ini telah terjadi ketimpangan struktur pasar input, pasar hasil (output), integrasi vertikal dan horisontal, dan tersisihnya peternakan rakyat. Kebijakan pemerintah yang bias ke pemacuan pertumbuhan ekonomi adanya dampak krisis ekonomi berkepanjangan telah berdampak buruk pada kinerja industri perunggasan</p>

scholarly journals Innovative Green Technology for Sustainable Industrial Estate Development

2013 ◽  
Vol 2 (1) ◽  
pp. 53
Author(s):  
R. Hadiwijoyo ◽  
P. Purwanto ◽  
Sudharto P. Hadi
Keyword(s):  
Economic Growth ◽  
Global Warming ◽  
Industrial Development ◽  
Raw Materials ◽  
Energy Development ◽  
Green Technology ◽  
Green Economy ◽  
Industrial Park ◽  
Gas Emission ◽  
Industrial Estate

Sustainable industrial development requires a balance between economic growth,equity and environment. Two major components of industrial development are energy and rawmaterials. To minimize the environmental impacts of energy and raw materials, important stepsare required to deal with the green economy and global warming issues. The use of innovationtechnology to industrial gas emission is a preventive solution facing global warming. A research hasbeen done in Industrial Estate in Cilegon (IEC) Banten province, Indonesia, to see how to reduceenergy demand and encourage uses of more environmentally-friendly energy in the estate. Fossilenergy needs in the industrial estate were analyzed to see the opportunities of energy saving andrenewable energy development. The target to be achieved is to reduce the greenhouse gasemissions and improve the energy efficiency in the industrial park.

Advancing Ceramics Glaze Formulation with Existing Software Technology Using Locally Available Raw Materials in Nigeria

2012 ◽  
Vol 463-464 ◽  
pp. 266-270
Author(s):  
Oluwafemi Samuel Adelabu
Keyword(s):  
Economic Growth ◽  
Industrial Development ◽  
Raw Materials ◽  
Survey Methods ◽  
Aesthetic Value ◽  
Software Technology ◽  
Ceramic Glaze ◽  
Software Packages ◽  
Local Material ◽  
Sustainable Economic Growth

The application of glazes on clay-based ceramic products has been identified as one of the best form of ceramic decorations. This can be attributed to its characteristic to lend aesthetic value to ceramic products and also to render them more durable, useful and hygienic. This paper reports an investigation on the development of new ceramic glaze recipes by means of selected glaze software packages using locally available raw materials in Nigeria. For the achievement of this study, survey methods, material oxide analysis, as well as kiln firings have been used. The results established the possibility of using existing glaze software in Nigeria so as to derive new recipes from old ones by using local material analyses database. The study indicates that with recent technological solutions, local raw materials can be properly identified and maximally utilized for a nation’s industrial development and sustainable economic growth.

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