Unemployment in Spain: The failure of wage devaluation

2021 ◽  
pp. 103530462110238
Author(s):  
Paloma Villanueva ◽  
Luis Cárdenas
Keyword(s):  
Gross Domestic Product ◽  
Unemployment Rate ◽  
Domestic Product ◽  
Okun’S Law ◽  
Okun's Law ◽  
Labour Relations ◽  
The Great Recession ◽  
Negative Effect ◽  
Positive Effect

This article analyses from a Keynesian approach the effect of wage devaluation on the Spanish labour market during the Great Recession post-2008. It challenges the pro-flexibility literature, which attributes to labour relations reforms the prevention of larger job destruction in the recession and a larger reduction in unemployment during the subsequent expansion. Instead, we examine the role of wage devaluation in the operation of Okun’s law and gross domestic product, using an extended version of the Bhaduri–Marglin model. We find that wage devaluation has not significantly modified Okun’s law and that through its impact on income distribution, the unemployment rate rose by 1.9 percentage points. We therefore provide evidence for the negative effect of wage devaluation on gross domestic product and the positive effect on the unemployment rate. JEL Codes: C22, E11, E24

scholarly journals Determinan Jumlah Penduduk Miskin di Jawa Periode 2007-2015

2017 ◽  
Vol 4 (2) ◽  
pp. 164
Author(s):  
Mohammad Saleh ◽  
Mochammad Dwi Ainoer Rizzal ◽  
Aisah Jumiati
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Research Method ◽  
Secondary Data ◽  
Domestic Product ◽  
Poor People ◽  
Unit Of Analysis ◽  
Factors Affecting ◽  
Negative Effect ◽  
Positive Effect

Poverty is one of the problems that impede economic growth and national and regional development. It is therefore necessary to find solutions to reduce poverty and solve the problems that are being experienced. The purpose of this study to determine the influence of unemployment, wages and Gross Domestic Product (GDP) on poverty in Java. This research method is explanatory research method. The unit of analysis used in this study is the number of poor people in Java, factors affecting poverty include unemployment, wages and Gross Domestic Product (GDP). Data used in this research is secondary data. The results showed that the positive effect of unemployment and wages and GRDP a significant negative effect on poverty. From the results of this study are expected later able to provide references improvements creation of the welfare of society equally. Keywords: People poverty, unemployment, wage, Gross Regional Domestic Produc

The Impact of Corporate Income Tax on Gross Domestic Product - The Case of the Republic of Serbia

2020 ◽  
Vol 58 (3) ◽  
pp. 311-326
Author(s):  
Jadranka Đurović Todorović ◽  
Marina Đorđević ◽  
Marko Krstić
Keyword(s):  
Gross Domestic Product ◽  
Income Tax ◽  
Quantitative Research ◽  
Income Taxes ◽  
Corporate Income Tax ◽  
Domestic Product ◽  
Negative Effect ◽  
The Republic ◽  
The Impact ◽  
Positive Effect

Abstract The importance of certain tax forms for the economy of any country is confirmed by the fact that they can be used to impact on the achievement of fiscal aims as they play a significant role when it comes to their share in a total amount of public revenue of certain countries. Another important characteristic of taxes is that they can affect the trends of gross domestic product (GDP) as one of the most important economic indicators of achieved development of a national economy. It is for this reason that we must point out that the authors will pay special attention to determining the impact that corporate income tax has on trends of gross domestic product in the Republic of Serbia and their interdependency. This will provide an answer to a question whether corporate income taxes have a positive effect on gross domestic product trends and what is its relation with this indicator. On the basis of quantitative research, through the application of regression analysis, the authors will confirm or refute the hypothesis concerning this problem. Finally, we will reach a conclusion which will offer answers to questions related to the impact of this tax type tax on the gross domestic product trends, the extent of the impact and its nature – whether it has a positive or a negative effect on gross domestic product trends in the Republic of Serbia

Factors Affecting Foreign Direct Investment: The Afghanistan Case

2021 ◽  
Vol 39 (2) ◽  
Author(s):  
Mehmet Eryigit ◽  
Abdul Qayum Shafaq
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Ordinary Least Squares ◽  
Domestic Product ◽  
Foreign Direct Investments ◽  
Significant Positive Effect ◽  
Factors Affecting ◽  
Export Volume ◽  
Negative Effect ◽  
Positive Effect

This study examined the factors affecting foreign direct investments (FDI) for the case of Afghanistan. Generally, the literature has focused on the factors affecting direct investments towards developing and underdeveloped countries. The primary purpose of this study is to identify the factors affecting FDI inflow to Afghanistan. Different from previous studies, this study examined the effects of the following factors; globalization indices, gross domestic product, export volume, import volume, and exchange rate (USD/AFN) of Afghani. The factors were determined based on a review of the literature. Regarding the interaction across variables, three different regression models were tested to examine the effects of those factors on FDI inflows to Afghanistan. Ordinary Least Squares estimation was employed. According to the results of the integrated model (the model that covers all exploratory variables), globalization has a statistically significant positive effect on FDI, whereas the gross domestic product (GDP) has a statistically significant negative effect on FDI. When we test the effect of GDP and exchange rate (EXC) jointly on FDI, we find the statistically significant positive effect of those variables on FDI. The results of this study recommend the economy politicians in Afghanistan implement exchange rate policies that promote the FDI and to increase the inflowing of FDI into the country.

Factors Affecting Foreign Direct Investment: The Afghanistan Case

2020 ◽  
Vol 39 (1) ◽  
Author(s):  
Mehmet Eryigit ◽  
Abdul Qayum Shafaq
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Ordinary Least Squares ◽  
Domestic Product ◽  
Foreign Direct Investments ◽  
Significant Positive Effect ◽  
Factors Affecting ◽  
Export Volume ◽  
Negative Effect ◽  
Positive Effect

This study examined the factors affecting foreign direct investments (FDI) for the case of Afghanistan. Generally, the literature has focused on the factors affecting direct investments towards developing and underdeveloped countries. The primary purpose of this study is to identify the factors affecting FDI inflow to Afghanistan. Different from previous studies, this study examined the effects of the following factors; globalization indices, gross domestic product, export volume, import volume, and exchange rate (USD/AFN) of Afghani. The factors were determined based on a review of the literature. Regarding the interaction across variables, three different regression models were tested to examine the effects of those factors on FDI inflows to Afghanistan. Ordinary Least Squares estimation was employed. According to the results of the integrated model (the model that covers all exploratory variables), globalization has a statistically significant positive effect on FDI, whereas the gross domestic product (GDP) has a statistically significant negative effect on FDI. When we test the effect of GDP and exchange rate (EXC) jointly on FDI, we find the statistically significant positive effect of those variables on FDI. The results of this study recommend the economy politicians in Afghanistan implement exchange rate policies that promote the FDI and to increase the inflowing of FDI into the country.

scholarly journals The Great Recession’s Effect on Entrepreneurship

2011 ◽  
pp. 1-4
Author(s):  
Scott Shane
Keyword(s):  
United States ◽  
Gross Domestic Product ◽  
Great Depression ◽  
Unemployment Rate ◽  
Great Recession ◽  
The United States ◽  
Domestic Product ◽  
Economic Downturn ◽  
The Great Recession ◽  
The Great Depression

Between December 2007 and June 2009, the United States suffered its biggest economic downturn since the Great Depression. Dubbed the Great Recession, this economic contraction saw gross domestic product decline 4 percent and the unemployment rate more than double from 4.9 percent to 10.1 percent.

scholarly journals Kebangkrutan Bank Pasca Krisis Ekonomi Global di ASEAN

2021 ◽  
Vol 18 (2) ◽  
pp. 62
Author(s):  
M Riski Rumalutur ◽  
Suhartono Suhartono ◽  
Abdul Mongid
Keyword(s):  
Logistic Regression ◽  
Regression Analysis ◽  
Gross Domestic Product ◽  
Negative Impact ◽  
Positive Impact ◽  
Domestic Product ◽  
Analytical Technique ◽  
Independent Variables ◽  
Negative Effect ◽  
Positive Effect

This study aims to determine the factors that can determine bank bankruptcy after the global economic crisis in ASEAN. The independent variables used in this study are Inflation, Gross Domestic Product (GDP), Equity To Total Assets (ETA), and SIZE. The analytical technique used is logistic regression analysis. The data is processed using STATA, and this study uses a population of ASEAN banks with a sample of 1300 banks. This study indicates that inflation has an insignificant positive effect on bank bankruptcy. GDP has a negligible negative impact on bank bankruptcy, ETA has a significant positive impact on bank bankruptcy, and size has a significant negative effect on bank bankruptcy. Keywords                : Bankruptcy; ETA; GDP;  Inflation; SIZE Correspondence to   : [email protected]             Penelitian ini bertujuan untuk mengetahui faktor-faktor yang dapat menentukan kebangkrutan bank pasca krisis ekonomi globa di ASEAN. Variabel independen yang digunakan dalam penelitian ini adalah Inflasi, Gross Domestic Product (GDP), Equity To Total Asset (ETA), dan SIZE. Teknik analisis yang digunakan yaitu analisis regresi logistic, data diolah menggunakan STATA, penelitian ini menggunakan populasi bank ASEAN dengan sampel bank sebanyak 1300 bank. Hasil penelitian ini menunjukan bahwa Inflasi berpengaruh positif tidak signifikan terhadap kebangkrutan bank, GDP berpengaruh negative tidak signifikan terhadap kebangkrutan bank, ETA berpengaruh positif signifikan terhadap kebangrutan bank, dan size berpengaruh negative signifikan terhadap kebangkrutan bank. Kata Kunci      : ETA; GDP; Inflasi; Kebangkrutan; SIZE

scholarly journals The Influence of the Implementation of Total Quality Management and the Implementation of Good Governance on the Muzakki Trust (Study on Amil Zakat Institution in Batam City)

2019 ◽  
pp. 268-281
Author(s):  
Cahyo Budi Santoso ◽  
Ahmad Gamal
Keyword(s):  
Quality Management ◽  
Total Quality Management ◽  
Good Governance ◽  
Total Sample ◽  
Significant Positive Effect ◽  
Total Quality ◽  
Negative Effect ◽  
Positive Effect

Zakat becomes part of the obligations of Muslims who must be paid and given to those who are entitled to receive zakat. The distribution of zakat which is intended for the recipient and the amount of zakat is often not recorded accurately. There is a discrepancy between the amount of zakat and the number of recipients of zakat. Then a new breakthrough is needed through the implementation of toral quality management and the application of good governance so that it is expected that all incoming zakat and the number of recipients of zakat can be recorded. This study aims to examine the effect of the implementation of total quality management and the role of good governance on muzakki trust (a study at the Amil Zakat Institute in Batam City). The population in this study is the number of residents of the city of Batam in 2017 amounted to 1,062,250 inhabitants. Determination of the sample using the formula Hair, et al (2010) so that the total sample is 100 respondents. Data analysis using multiple linear regression with SPSS 23. The results of the study can be concluded that the implementation of total quality management has a significant positive effect on muzakki trust, the application of good governance has a significant negative effect on muzakki trust and the implementation of total quality management and the application of good governance simultaneously has a significant positive effect on muzakki trust.

scholarly journals PENGARUH PRODUK DOMESTIK BRUTO DAN SBI TERHADAP PENERIMAAN PAJAK DI INDONESIA

2020 ◽  
Vol 1 (1) ◽  
Author(s):  
Rahmanta Ginting
Keyword(s):  
Time Series ◽  
Research Result ◽  
Least Square ◽  
Domestic Product ◽  
Tax Revenue ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Dependent Variables ◽  
Negative Effect ◽  
Positive Effect

The research to analyse effect net domestic product and SBI on tax revenue in Indonesia with independent variables  net domestic product and SBI also dependent variables tax revenue. Data is a time series between 1981 - 2010 with ordinary least square (OLS) and the model of formula used is multiply linier regression.  The research result shows that net domestic product gives a positive effect and significant on tax revenue in Indonesia on 99% level. While SBI has a negative effect and significant on tax revenue in Indonesia on 90% level.

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