scholarly journals Assessing the dynamic tourism inter-industry linkages and economic structural changes in Cambodia’s economy

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Chantha Hor
Keyword(s):  
Structural Changes ◽  
Local Economy ◽  
Policy Intervention ◽  
Economic Sectors ◽  
Economic Changes ◽  
Product Matrix ◽  
Model Combining ◽  
Key Sectors ◽  
Backward And Forward Linkages ◽  
Large Coefficient

AbstractThis study employs the SAM-based model combining with multiplier product matrix and field of influence approaches. Under three input–output transaction table matrices of the years 2005, 2010, and 2015, these approaches assess the dynamic tourism inter-industry linkages and structural economic changes in Cambodia. We find that the overall inter-industry connection is relatively low. The textile, other manufacturing, and transportation and communication are key sectors. They have the largest coefficient field of influence of changes in the economic system. Tourism has shifted to be a key sector in 2010 and 2015. However, its backward and forward linkages are still small. It is a relatively promising sector generating a large coefficient field of influence of changes, showing less strength of overall connection with other industries. This study may suggest that there would be a need for promoting, encouraging, and investing in key economic sectors. Policy intervention should focus on developing domestic tourism linkages and strengthening inter-industry ties to diversity tourism benefits the local economy.

scholarly journals Assessing the Dynamic Tourism Inter-Industry Linkages and Economic Structural Changes in Cambodia’s Economy

2020 ◽  
Author(s):  
Chantha - Hor
Keyword(s):  
Structural Changes ◽  
Local Economy ◽  
Input Output ◽  
Economic Sectors ◽  
Economic Changes ◽  
Model Combining ◽  
Key Sectors ◽  
Domestic Tourism ◽  
Backward And Forward Linkages ◽  
Large Coefficient

Abstract This study employs the SAM-based model combining with Multiplier Production Matrix and Field of Influence Approach. Under three Input-Output Transaction Table Matrices of the year 2005, 2010, and 2015, these approaches use to assess the dynamic tourism inter-industry linkages and structural economic changes in Cambodia. We find that the overall inter-industry connection is relatively low. The textile, other manufacturing, and transportation and communication are key sectors. They have the largest coefficient field of influence of changes in the economic system. Tourism has shifted to be a key sector in 2010 and 2015. However, its backward and forward linkages are still small. It is a relatively promising sector in terms of generating a large coefficient field of influence of changes, showing less strength of overall connection with other industries. This study may suggest that there would be a need for promoting, encouraging, and investing in key economic sectors. Policies intervention should focus on developing domestic tourism linkages and strengthening inter-industry ties for the success of diversifying tourism benefits to the local economy.

scholarly journals The Evolution of the Key Sectors in the Philippine Economy Using an AHP-Based Sector Prioritization Index

Economies ◽  
2019 ◽  
Vol 7 (3) ◽  
pp. 78
Author(s):  
Daryn Joy Go ◽  
Michael Angelo Promentilla ◽  
Kathleen Aviso ◽  
Krista Danielle Yu
Keyword(s):  
Structural Changes ◽  
Manufacturing Sector ◽  
The Philippines ◽  
Vital Role ◽  
Economic Sectors ◽  
Output Analysis ◽  
Analytic Hierarchy ◽  
Agriculture Sector ◽  
Time Period ◽  
Key Sectors

Economic sectors play a vital role in ensuring that government’s goals are achieved. This study analyzes the evolution of the structure and key sectors of an economy through the use of a sector prioritization index. This methodology integrates input-output analysis and analytic hierarchy process to determine the structural changes experienced by the economy, while accounting for the changes in the government’s priorities and concerns over time. Using the case of the Philippines from 1969 to 2012, this study shows a time-series analysis of the transformation that the economy underwent alongside with the government’s prioritization mechanism. We found that the manufacturing sector had consistently received high-priority rankings, while the agriculture sector had recently moved from a high- to mid-priority ranking, indicating the country’s shift towards a more industry-driven economy. These findings were supported by the private services and trade sectors’ high-priority rankings towards the latter half of the time period. Overall, our methodology was able to identify key sectors that reflect the country’s economic and political situation across different eras.

The Role of Entrepreneurship in Local Economic Growth: Example of Gaziantep

2012 ◽  
Author(s):  
Mehmet Vahit Eren ◽  
Erdinç Tutar ◽  
Filiz Tutar ◽  
Çisil Erkan
Keyword(s):  
Swot Analysis ◽  
Vital Role ◽  
Local Economy ◽  
Government Policies ◽  
Optimum Level ◽  
Economic Sectors ◽  
Local Economies ◽  
The Status ◽  
Financial Growth

In order to avoid social inequality of opportunity and improvement of local economies have become government policies in Turkey, as it is in other countries around the world. Incentives, regional development agencies, techno parks and also local entrepreneurs play crucial role in the improvement process of local economies. The increasing rivalry and globalization concept necessitate entrepreneurs to take more risks, to reach innovations to seize opportunities in optimum level. Entrepreneurship is a motor vessel in financial growth and in development, and entrepreneurship is also the source of innovation and creativity. In this regard, the more entrepreneurship develops in a country, the higher level of welfare possesses the chance to advance. The purpose of this report, in which it has been aimed to reveal vital role of entrepreneurship in the progress of local economies, is emphasizing the status of entrepreneurship that transformed Gaziantep’s socio-economic level of development into its present position. Thus with this aim a SWOT analysis, in terms of Gaziantep’s economic entrepreneurship has been carried out. Positive contributions of Gaziantep’s immensely developed industry, facilitation of local innovative entrepreneurs’ involvement in various local economic sectors and in accordance channeling immigration into deployment in local economy have been observed in this study. Significantly it has been observed that plenitude of “opportunist entrepreneurship” or in other words “the entrepreneurs with strategic growth plans” in this region contributed local economy positively.

Macroeconomic Balance

2017 ◽  
Author(s):  
Jonathon W. Moses ◽  
Bjørn Letnes
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
International Competitiveness ◽  
Local Economy ◽  
Dutch Disease ◽  
Economic Sectors ◽  
Incomes Policy ◽  
Subsequent Loss ◽  
Resource Wealth

One of the biggest challenges from petroleum wealth comes from a subsequent loss of international competitiveness. Resource wealth can easily inflate the local economy, making it more difficult for other economic sectors to maintain international competitiveness. This chapter introduces the challenge of Dutch Disease and its diverse remedies. The latter part of the chapter describes how Norway has always struggled with the need to maintain international competitiveness, and has developed a highly organized economy (corporatism) as a result. Norwegian incomes policy, responsible budgeting policies, devaluations, and a restricted pace of extraction have all been used, at various times, to limit the threat of a real exchange rate appreciation.

Powerbrokers and Patronage

2017 ◽  
Author(s):  
Jonathan Said ◽  
Khwima Singini
Keyword(s):  
Structural Changes ◽  
Living Standards ◽  
Colonial Rule ◽  
Development Framework ◽  
Key Sectors ◽  
Growth Decline ◽  
Weak Growth

This chapter investigates the patterns of growth in Malawi from 1954 to 2013. Using the deals and development framework, it highlights four growth regimes during this period. First, a period of growth stagnation under colonial rule. Second, a period of growth acceleration post-independence as a clientelist structure emerged in key sectors of the economy under president Banda. Third, from 1978 onwards the lack of sustainability of these structures led to a period of growth decline. In 1994 Malawi transitioned to multiparty elections, however the country failed to modernize and the systems of patronage were further entrenched. Fourth, from 2003 the country has seen weak growth acceleration. However, the country has failed to transform how the economy is organized, meaning that many of the structures remain in place. An overreliance on powerbrokers and rentiers within the economy has meant that the structural changes needed to improve living standards within the country remain elusive.

Conclusion

2017 ◽  
Author(s):  
Georg Menz
Keyword(s):  
Energy Security ◽  
Renewable Energy Sources ◽  
Economic Transformation ◽  
Energy Sources ◽  
Future Research ◽  
Comparative Political Economy ◽  
Economic Sectors ◽  
Economic Changes ◽  
Culturally Based ◽  
Roll Out

This chapter summarizes some of the book’s main arguments and provides avenues for future research. We point to the ideational turn as well as to culturally based enquiries into Comparative Political Economy as offering particular promise. Finally, this chapter additionally points to two major sources of societal and economic transformation, discussing in passing other major economic changes, such as increasing automation, advances in artificial intelligence, and the roll-out of robots across a variety of economic sectors. These two potentially explosive sources of change include energy security, a field in which the race for autarchy is juxtaposed with limits to the practical applicability of renewable energy sources. Environmental factors and environmental degradation similarly impose dramatic constraints to further economic development and might induce a dramatic reconfiguration.

scholarly journals Development and Structural Changes of Carbon Footprint in EU28

2021 ◽  
Vol 13 (9) ◽  
pp. 4771
Author(s):  
Josef Slaboch ◽  
Pavlína Hálová ◽  
Adriana Laputková
Keyword(s):  
Cluster Analysis ◽  
Waste Management ◽  
Carbon Footprint ◽  
Structural Changes ◽  
Energy Industry ◽  
The European Union ◽  
Topical Issue ◽  
Economic Sectors ◽  
Index Analysis ◽  
Per Capita

This paper discusses the topical issue which examines the development of CO2 emissions in individual countries of the European Union (EU28) for the period between 2000 and 2017. Carbon footprint is monitored in four basic economic sectors of the EU28 countries—energy, other industries, agriculture, and waste management. The purpose of this paper is to conduct a structural analysis of the percentage contribution of individual sectors while determining the average conversion of emissions in tonnes per capita for individual countries, subsequently identifying the tendencies in the development of the detected rates. A cluster analysis for the EU28 that demonstrate similar carbon footprint values in the examined economic areas is conducted for the findings. The partial aim of the paper is to perform a comparison of the monitored countries and detect whether the differences between those striving for decarbonisation are diminishing. The energy industry is the most significant contributor to emission levels. The index analysis indicates that the level of emissions throughout the EU28 in all the monitored sectors has decreased, predominantly in waste management (by 40%,) which is followed by industry (17%), energy (by 16.2%), and agriculture (by 5%). The cluster analysis conducted for 2000 and 2017 has confirmed the convergence of the identified groups of the EU28. Individual clusters of the countries thus display minor differences and converge in general.

scholarly journals Key Sectors in the Economy of Saudi Arabia

2021 ◽  
Vol 9 ◽  
Author(s):  
Said K. M. Brika ◽  
Brahim Adli ◽  
Khalil Chergui
Keyword(s):  
Economic Policy ◽  
Saudi Arabia ◽  
Pharmaceutical Products ◽  
Economic Sectors ◽  
Kingdom Of Saudi Arabia ◽  
A Value ◽  
Key Sectors ◽  
Indirect Impacts ◽  
And Storage ◽  
Effective Analysis

This study shows the key sector for the economy of Saudi Arabia based on input-output model analyses. They derived the analyses from the economy of the Kingdom of Saudi Arabia (KSA) using 35 economic sectors. We found that four leading sectors exceeded the values of the linkage coefficients with a value of 1, represented by both chemicals and pharmaceutical products, namely, manufacturing basic metals (S13), transportation and storage (S24), and other business sector services (S31). According to the unbalanced growth theory, more attention is paid to these sectors that are the primary engine for the rest of the sectors and their growth. The results obtained are beneficial for success of the economic policy of Saudi Arabia. By observing the different influences, it is possible to identify the policies expected to have more significant indirect impacts on other sectors in Saudi Arabia and are likely to develop a prudent economic policy. Given the economic dependence on oil, it is also essential to be acquainted with the different sectors that are probable to have an overall effect on the economy for strategic and operationally effective analysis that can help.

scholarly journals Digitalization as a Vector of Information Systems Development and Accounting System Modernization

2021 ◽  
Vol 31 (4) ◽  
pp. 18-39
Author(s):  
Lyudmyla Chyzhevska ◽  
Lidiia Voloschuk ◽  
Liubov Shatskova ◽  
Liudmyla Sokolenko
Keyword(s):  
Structural Changes ◽  
Business Processes ◽  
Electronic Data Interchange ◽  
Accounting System ◽  
Business Activity ◽  
Economic Sectors ◽  
Data Interchange ◽  
Theoretical Generalization ◽  
Effective Development ◽  
Cloud Technologies

Abstract Digitalization causes structural changes in the economic sectors and influences business activity and processes, leading to the companies’ increased productivity, competitive advantages and effective development creation and consolidation. This article is purposed to substantiate that the economy digitalization entails the need for companies’ system and mechanisms modernization to ensure their competitiveness and to improve management systems. The research is conducted using methods of theoretical generalization, analysis, synthesis, comparison and grouping. This study resulted in defining both global and Ukrainian economies’ trends for digitalization with a description of its impact on the business activity and business processes, assessing the economy digitalization effects to the requirements for the company’s information system that therefore serves to establishing directions for its modernization through the introduction of digital technologies, such as Electronic Data Interchange, Extensible Business Reporting Language, BigData, Internet of Things, Robotic Process Automation, Artificial intelligence, Real-time Adherence, cloud technologies, blockchain. The directions of companies’ accounting digitalization implementation and development are as flows: changes in the accounting system in terms of its method elements; application of Assets, Liabilities and Capital new digital forms; advanced training in compliance with the requirements for the accounting personnel digital competencies.

scholarly journals ASSESSMENT AND ANALYSIS OF SOME CHANGES IN THE SECTORAL STRUCTURE OF THE ECONOMY

2019 ◽  
Vol 17 (Suppl.1) ◽  
pp. 138-144
Author(s):  
Iv. Stoycheva
Keyword(s):  
Regional Policy ◽  
Structural Changes ◽  
National Level ◽  
Value Added ◽  
Economic Sectors ◽  
Regional Economic ◽  
Services Sector ◽  
Sectoral Structure ◽  
Agriculture Industry ◽  
Level Of Aggregation

The regional economic opportunities for the development of economy are linked to the dynamics of regional disparities formation and to the implementation of adequate regional policy in order to achieve economic efficiency. The socio-economic development of the country depends on the appropriate and effective construction of such regional economic structures, which provide favorable development at both regional and national level. The purpose of this article is to assess the changes in the sectoral structure of the indicators gross value added and employment for the period 2008-2017 and to prove the importance of the services sector as a sector with a growing potential for development. Structural divergences at national level have been assessed at the level of aggregation of three main economic sectors-agriculture, industry and services. The achieved results on the strength and direction of structural changes show that the restructuring takes place at different rates in individual regions, as in regions with a more developed economy and more favorable indicators the dynamics of these processes predetermines structure in which the supply of services is highly prevalent.

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