Regional Synergy and Economic Growth: Evidence from Total Effect and Regional Effect in China

2019 ◽  
Vol 42 (5-6) ◽  
pp. 431-458 ◽  
Author(s):  
Ying Liu ◽  
Lin Li ◽  
Fei Teng Zheng
Keyword(s):  
Economic Growth ◽  
System Optimization ◽  
Theoretical Framework ◽  
Growth Potential ◽  
Total Effect ◽  
Eastern Region ◽  
Regional Effect ◽  
Resource Flow ◽  
Two Cities

The synergy between different regions may enable to realize the system optimization of 1 + 1 > 2 and generate new growth potential. However, research on regional synergy and economic growth is very rare. Here, we developed a theoretical framework of regional synergy and economic growth and then overcame the efficiency-added calculation issue to measure the synergy between every two cities among 285 cities (40,470 city–city units) in China. Further, the effects of regional synergy on economic growth are tested. The total effect tests whether regional synergy could promote the overall economic growth, and the regional effect tests whether regional synergy could promote the economic growth of each subregion. The results show that regional synergy can significantly promote overall economic growth, but only the cities in the developed eastern region could benefit from synergy. The mechanism test shows that regional synergy acts on economic growth through interregional resource flow. Regional synergy promotes the economic growth of cities with resource inflow, while it curbs the economic growth of cities with resource outflow.

Japan's Role in Asia-Pacific Cooperation

1991 ◽  
Vol 513 (1) ◽  
pp. 25-37 ◽  
Author(s):  
SABURO OKITA
Keyword(s):  
United States ◽  
Economic Growth ◽  
International Economic ◽  
The United States ◽  
Growth Potential ◽  
The Other ◽  
Asia Pacific ◽  
Asia Pacific Economic Cooperation ◽  
Rapid Economic Growth ◽  
International Trading

The Asia-Pacific countries achieved rapid economic growth with the flying-goose model in the 1980s, growth buttressed by export-oriented development strategies and the policy culture in these countries. While Japan and the other Asia-Pacific countries still have strong growth potential, many problems remain, including trade imbalances with the United States and the rise of protectionism there, the Asia-Pacific economies' vulnerability, and the need to consolidate the infrastructure for growth. It is imperative that Japan contribute to the development of the region by responding effectively to these issues and that it strengthen the international trading arrangements by promoting Asia-Pacific cooperation premised on openness. Given the region's great internal diversity, Asia-Pacific economic cooperation can well serve as a model for international economic coordination.

scholarly journals Unleashing The Growth Potential Of Indian MSME Sector

2017 ◽  
Vol 20 (2) ◽  
pp. 35-52 ◽  
Author(s):  
Sumanjeet Singh ◽  
Minakshi Paliwal
Keyword(s):  
Economic Growth ◽  
Economic Structure ◽  
Total Export ◽  
Growth Potential ◽  
High Tech ◽  
Policy Measures ◽  
The Government ◽  
Future Growth ◽  
Innovation And Entrepreneurship

The MSME sector occupies a position of strategic significance in the Indian economic structure. This sector contributes nearly eight per cent to country’s GDP, employing over 80 million people in nearly 36 million widely-dispersed enterprises across the country; accounting for 45 per cent of manufactured output, 40 per cent of the country’s total export, and producing more than 8000 valueadded products ranging from traditional to high-tech. Furthermore, these enterprises are the nurseries for innovation and entrepreneurship, which will be key to the future growth of India. It is also an acknowledged fact that this sector can help realise the target of the proposed National Manufacturing Policy to enhance the share of manufacturing in GDP to 25 per cent and to create 100 million jobs by the end of 2022, as well as to foster growth and take India from its present two trillion dollar economy to a 20 trillion dollar economy. Despite the sector’s high enthusiasm and inherent capabilities to grow, its growth story still faces a number of challenges. In this light, the present paper examines the role of Indian MSMEs in India’s economic growth and explores various problems faced by the sector. The paper also attempts to discuss various policy measures undertaken by the Government to strengthen Indian MSMEs. Finally, the paper proposes strategies aimed at strengthening the sector to enable it to unleash its growth potential and help make India a 20 trillion dollar economy.

Prospect of Promoting Sikkim as a Smart Tourism Destination

2022 ◽  
pp. 326-345
Author(s):  
Supriya Dam
Keyword(s):  
Economic Growth ◽  
Smart City ◽  
Financial Support ◽  
The State ◽  
Tourism Destination ◽  
Essential Ingredient ◽  
North Eastern ◽  
Two Cities ◽  
Tourism Destinations ◽  
Smart Tourism

Since 2006, Sikkim progressively switching to a full-fledged tourism-centred state having declared it a predominant industry as an engine for its economic growth. The state accounted for the highest influx of foreign tourists amongst the eight north eastern states of India during the last 20 years or so. The smart city mission was commissioned by government of India as a centrally sponsored scheme destined to provide financial support for the allotted cities to the extent of INR. 100 Crore per city per year spanning over five years. Studies suggest that induction of smart city concept will act as precursor for growth of smart tourism destinations (STDs) across the country. The STD as a concept revolves around “6A's,” an essential ingredient for promoting smart tourism in destinations. Incidentally, two cities in Sikkim have been enlisted amongst the top 100 cities in India for promoting smart city, instrumental in promoting STD in tourism-driven states. The chapter delves into the concept of smart city as an antecedent for promoting STD along with conditions with respect to Sikkim.

CLEAN DEVELOPMENT MECHANISMS’ EFFECTS ON HOST COUNTRIES

2015 ◽  
Vol 21 (2) ◽  
Author(s):  
IVA HRISTOVA
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
South Korea ◽  
Ghg Emissions ◽  
Theoretical Framework ◽  
Renewable Energies ◽  
Host Countries ◽  
Important Host

<p class="ESRBODY">The purpose of this paper is to study the effects of CDM projects implementation on the most important host countries (China, Brazil, Mexico and South Korea). The analysis concerns the 2003-2010 period and aims to define CDM’s potential impacts in terms of GHG emissions, GHG intensities, renewable energies spread, sustainable development and economic growth. As far as economic growth is concerned, we adapt the theoretical framework developed within the FDI-growth nexus, given the existing similarities between CDM and FDI investments.</p>

Economic Growth and the Consumption of Coal in Austria and Hungary 1831–1913

1971 ◽  
Vol 31 (4) ◽  
pp. 898-916 ◽  
Author(s):  
Nachum T. Gross
Keyword(s):  
Economic Growth ◽  
Land Reclamation ◽  
Growth Potential ◽  
Coal Consumption ◽  
Iron And Steel ◽  
Quantitative Evidence ◽  
Water Power ◽  
Modern Economic Growth ◽  
Modern Economic ◽  
Broad Cross Section

The scarcity of quantitative evidence on economic growth in the nineteenth century is a strong incentive for the use of representative indicators, instead of compound indexes or supplemented by them. Consumption series of coal, iron, and cotton are prominent candidates to serve this purpose, due to the central roles played by these materials in European industrialization. A further point in their favor is the relatively high availability and quality of mining and foreign trade statistics. The specific functions and link-ages of those three staples, however, were quite different, and thus their growth paths represent different aspects and processes. For the overall modernizing transformation of an economy, coal consumption evidently suggests itself as the best single indicator, at least until the end of the century. Its growth reflects the increasing output of industry, transportation, and even agriculture, inasmuch as they relied on coal for heat and/or for motive power. This means that coal stands for a broad cross-section of the economy, and furthermore, for a growing one. The substitution of mineral fuel for wood or charcoal and of steam for water power was not only the most general component of industrialization, in the wider sense of the term. It also was a prerequisite for the growth potential of firms and industries in many instances, among them such strategic sectors as iron and steel or overland transportation. Similarly, the introduction of steam engines was a characteristic of the innovating firm in agriculture and in land reclamation. On these grounds one would expect the growth of coal consumption to represent the pace of transition to modern economic growth, rather than the growth of industrial product only.

Hydrocarbon Utilization Optimization for Sustainable Development in Nigeria: Economic Growth Potential

2016 ◽  
Author(s):  
Joseph C. Echendu ◽  
Omowunmi O. Iledare ◽  
Emmanuel O. Onwuka ◽  
Sunday S. Ikiensikimama
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Growth Potential

scholarly journals Theoretical and Applied Aspects of Measuring the Economic Growth Potential of Russian Regions

2020 ◽  
Vol 16 (1) ◽  
pp. 24-50
Author(s):  
Nikita Burakov ◽  
◽  
Alexander Rubinstein ◽  
Keyword(s):  
Economic Growth ◽  
Growth Potential ◽  
Russian Regions
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