Economic growth and the development of innovations in modern Russia

10.12737/437 ◽  
2013 ◽  
Vol 1 (1) ◽  
pp. 44-50
Author(s):  
Шишкин ◽  
Andrey Shishkin
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Labour Force ◽  
Social Indicators ◽  
The State ◽  
Domestic Product ◽  
Innovation Development ◽  
Innovation Potential ◽  
Relationship Of ◽  
The Relationship

Analysis of terms associated with economic growth. In particular conducted a more detailed analysis of the gross domestic product. Describing the relationship of the gross domestic product, and social indicators connected with the movement of the labour force. The analysis of statistical indicators characterizing the innovation potential of the state. Touched upon the issues related to the preparation of personnel in the field of development of innovative processes. According to the survey of statistical data formed findings on the interaction of indicators characterizing the economic growth and indicators characterizing the innovative development of the state. Touched upon the issues of interaction of state corporations and the growth of the innovation development of the state, as well as the historical aspects of formation of state corporations. Analyzed the dependence between the development of innovation processes and the formation of human capital as a major factor of development of innovations. The conclusions which allow to compare the trends in the development of economic growth with the trends in the development of innovative processes.

scholarly journals An analysis of the relationship of inflation and unemployment to the gross domestic product (gdp) in zimbabwe

2014 ◽  
Vol 1 (3) ◽  
pp. 156-162
Author(s):  
Tendai Makoni
Keyword(s):  
Time Series ◽  
Gross Domestic Product ◽  
Cointegration Test ◽  
Domestic Product ◽  
Long Run ◽  
Causality Tests ◽  
Granger Causality Tests ◽  
Relationship Of ◽  
The Relationship ◽  
Yearly Data

The time series yearly data for Gross Domestic Product (GDP), inflation and unemployment from 1980 to 2012 was used in the study. First difference of the logged data became stationary as suggested by the time series plots. Johansen Maximum Likelihood Cointegration test indicated a long-run relationship among the variables. Granger Causality tests suggested unidirectional causality between inflation and GDP, implying that GDP is Granger caused by inflation in Zimbabwe. Another unidirectional causality was noted between unemployment and inflation. The causality between unemployment and inflation imply that unemployment do affect GDP indirectly since unemployment influences inflation which in turn positively affect GDP.

The Causal Links Between Foreign Direct Investment And Economic Growth In Pakistan

2012 ◽  
Vol 6 ◽  
Author(s):  
Najid Ahmad ◽  
Muhammad Farhat Hayat ◽  
Muhammad Luqman ◽  
Shafqat Ullah
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Domestic Product ◽  
Correction Model ◽  
Economic Progress ◽  
Long Run ◽  
Domestic Capital ◽  
The Relationship

This paper investigates the relationship between foreign direct investment and economic growth in Pakistan. The co-integration and error correction model is used to show the relationship between foreign direct investment and gross domestic product in Pakistan. Gross domestic product is taken as dependent variable while foreign direct investment, labor force and domestic capital as independent variables. The results suggest that there is a positive relation between foreign direct investment and gross domestic product in short as well as long run. If we want to make economic progress then there is a need to invite foreign investors because foreign direct investment increases GDP that is economic growth.

scholarly journals An Assessment on Relationship of Agricultural Sub-Sectors with GDP in Nigeria

2019 ◽  
Vol 8 (10) ◽  
pp. 1921-1925
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Crude Oil ◽  
Crop Production ◽  
Agricultural Sector ◽  
Economic Activities ◽  
Public Officials ◽  
Maximum Value ◽  
Relationship Of ◽  
The Relationship

This study is majorly concentrated on the various agricultural subsectors in Nigeria, how the subsectors has influenced the economic growth of Nigeria using econometric procedure to estimate the parameters of the model, and also the various shortcomings encountered by the agricultural subsectors in Nigeria and possible solutions. It also emphasize on the sector that has been abandoned, whereas, the growing recognition is directed toward the major resources (crude oil) which generated diminishing returns in agriculture contributions in regards to the economic growth in Nigeria. Moreover, the paper emphasized on the relationship of agricultural sub-sectors with Gross Domestic Product (GDP) which the sub-sectors entails crop production, fishery, livestock and forestry. The Intention of this research presents the conclusion that the agricultural part is a concrete sector of the economy and cannot be underrated or trivialized seeing that agricultural sector output is important to economic activities in Nigeria. Therefore, the general growth of the country’s economy depends on the progress of agriculture. If there’s availability of credit facility to the agricultural sector, it will enhance the boosting of the country’s GDP and thereby causing growth in the economy. An additional objective of this paper attempts to carry maximum value for public officials and legislators

scholarly journals A tale of five stories: Defence spending and economic growth in NATO´s countries

PLoS ONE ◽  
2021 ◽  
Vol 16 (1) ◽  
pp. e0245260
Author(s):  
Paula Gómez-Trueba Santamaría ◽  
Alfredo Arahuetes García ◽  
Tomás Curto González
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Domestic Product ◽  
Defence Spending ◽  
The Relationship ◽  
Defence Expenditure

This article examines the relationship between defence expenditure and its impact on the growth of NATO’s countries between 2005 and 2018. The aim is to determine if this relation exists and to test if it is possible to discover different models across the countries. The results obtained using the Arellano–Bond estimator, suggest that there is more than one model, and confirm, through the poolability test, the existence of five different groups of countries within the Alliance, with different impacts of the defence expenditure on their gross domestic product. These findings are in line with the review of existing literature that reveals heterogeneity in the results due to different parameters used.

scholarly journals Reforming the armed forces of the country and military-patriotic education as a strategic advantage in the economic rivalry of countries in the global economy

2019 ◽  
pp. 34-44
Author(s):  
Ihor Honak
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Global Economy ◽  
Mutual Influence ◽  
Armed Forces ◽  
The State ◽  
Domestic Product ◽  
State Budget ◽  
Patriotic Education ◽  
National Defence

Purpose. The aim of the article is to study the features of mutual influence of expenditures of the Ukrainian state budget on national defence, youth and sports on the gross domestic product of Ukraine in the conditions of aggravation of economic rivalry in the global economy. Methodology of research. The following methods are used during the research: generalization of information and literature sources – to formulate proposals on the progressive development of the Ukrainian economy and quality of its labour resources, on the cohesion of the society and its psychological and physical health through the implementation of expenditures of the Ukrainian state budget for national defence and youth and sports; regression and correlation analysis – to analyse the mutual impact of GDP and expenditures of the Ukrainian state budget on national defence, youth and sports. Findings. Methods for educating young people are proposed in order to provide an educated and physically healthy workforce for the national economy and defence and security. The influence of arms exports and military equipment on the economy of Ukraine is analysed. The need to carry out some reforms of the Armed Forces of Ukraine in order to increase the country's defence capability and ensure economic prosperity is substantiated. The correlation between the growth of gross domestic product and expenditures of the State Budget of Ukraine through the Ministry of Defence and the Ministry of Youth and Sports, which is linear, is established. Suggestions are made to reform other specific aspects of the state mechanism in order to increase the country's defence capability and ensure the following economic growth. Originality. The article provides suggestions for reforming youth policy and the national defence sphere to ensure economic growth and strengthen the country's defence capability. Correlation between the growth of gross domestic product and expenditures of the State Budget of Ukraine through the Ministry of Defence has been established (increase of expenditures on the Ministry of Defence by 1 billion hryvnias has a direct impact on GDP growth in the amount of 29.884 billion hryvnias) and the Ministry of Youth and Sports (growth spending on the Ministry of Youth and Sports by UAH 1 million influences GDP growth by UAH 1.045 billion), which is close. Practical value. The practical significance of the obtained results is the possibility of studying the mutual influence of the expenditures of the Ukrainian state budget, spent on national defence, youth and sports, on the gross domestic product of Ukraine in the conditions of aggravation of economic rivalry in the global economy. Key words: national security; arms and military equipment exports; military-patriotic education of youth; reform; economic growth; unemployment; employment; gross domestic product.

Индустријализација и раст бруто друштвеног производа // The Industrialization and Growth of Gross Domestic Product

2018 ◽  
Vol 13 (22) ◽  
pp. 151
Author(s):  
Брано Маркић ◽  
Сања Бијакшић ◽  
Арнела Беванда
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Industrial Production ◽  
Growth And Development ◽  
Manufacturing Sector ◽  
Domestic Product ◽  
Data Set ◽  
The Impact ◽  
The Relationship

Резиме: Рад је истраживање и емпиријска верификација закона Ницхолас Калдора о утицају индустријске производње на раст бруто друштвеног производа. Калдор је формулисао принципе економског раста у облику три закона који настоје утврдити кључне узроке економског раста. Први његов закон тврди да је стопа раста привреде позитивно корелирана са стопом раста њезина производног сектора. Индустрија као најважнија снага развоја привреде се поодавно анализира у литератури о привредном развоју: Hirschman (1961), Rosenstein-Rodan (1943), Th irnjall (2013), Cornnjall (1977). Циљ рада је емпиријски провјерити Калдоров приступ расту и развоју у Федерацији Босне и Херцеговине. Стога је обликован посебан скуп података кога чине дводимензионалне табеле и временске серије. Регресијском анализом је квантификована повезаност између стопа раста бруто друштвеног производа и стопе раста индустријске производње.Summary: The paper the industrialization and the growth of gross domestic product is a research and empirical verification of Nicholas Kaldor laws on the impact of industrial production to GDP growth. Kaldor has formulated the principles of economic growth in the form of three laws that tend to identify key causes of economic growth. His first law asserts that the rate of economic growth is positively correlated with the rate of growth of its manufacturing sector. Industry as the most important force of economic development is widely analyzed in the literature on economic development (Hirschman (1961), Rosenstein-Rodan (1943), Thirwall (2013), Cornwall (1977)). The aim is to empirically test the Kaldor’s approach to growth and development in the Federation of Bosnia and Herzegovina. It is therefore designed a special data set consisting of two-dimensional tables and time series. Using regression analysis was quantified the relationship between the growth rate of gross domestic product and the growth of industrial production. 

scholarly journals Foreign Direct Investment (FDI), Trade and Its Contribution to the Mining Sector of Guinea

2016 ◽  
Vol 7 (2) ◽  
pp. 65
Author(s):  
Kimberly Racquel Elizabeth Chin
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Mining Industry ◽  
Domestic Product ◽  
Mining Sector ◽  
The Government ◽  
The Relationship

In order to objectively analyze Foreign Direct Investment (FDI) contribution to Guinea’s mining sector, the granger casualty test was used to determine the relationship among variables and to determine whether any of these variables affect others and how. The variables used are Gross Domestic Product, Government Income, Trade, FDI inflow into Guinea mining sector and the exchange rate. The granger casualty test produced evidence of a bidirectional casualty relationship which suggests that FDI’s influence on efficiency lies in the government relaxing its dependency on the mining industry for economic  growth.

scholarly journals Dynamic Effects of Foreign Portfolio Investment on Economic Growth in Nigeria

2020 ◽  
Vol 4 (3) ◽  
pp. 5-12
Author(s):  
O.W. Toyin ◽  
Ad. E. Oludayol
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Foreign Investment ◽  
Domestic Product ◽  
Distributed Model ◽  
Short Term ◽  
Foreign Portfolio Investment ◽  
Domestic Savings ◽  
The Relationship

The slow growth rate and the deficit of full-fledged financial security have created the preconditions for studying the relationship between foreign investment and economic growth. In previous literature, key emphases on this issue were studied in the short term and in terms of static functioning of the economy. Thus, this article purposely studied the dynamic nature of the development of the relationship between foreign investment and economic growth in Nigeria from 1980 to 2018. The use of the Augmented-Dickey Fuller test confirmed the precondition for adopting dynamic techniques to test the significant role of foreign portfolio investment (among other analyzed factors – domestic savings, government capital expenditures, market capitalization) in the formation of gross domestic product. The use of the lag selection method allowed to determine the optimal lag for estimating the autoregressive distributed model, which substantiates the effectiveness and reliability of the autoregressive distributed lag model. The information base of the study was the statistical bulletin of the Central Bank of Nigeria. The results of empirical estimations in the short term showed that domestic savings had significant and negative impact on gross domestic product. The study empirically confirms and theoretically proves that foreign investment, domestic savings, government spending and market capitalization determine long-term trends in gross domestic product formation in Nigeria. Practically, the empirical result revealed that the presence of a significant deficit of domestic savings in Nigeria creates obstacles to successful economic growth in the country both in the short and long term; portfolio foreign investment accelerates economic growth in the long run to a greater extent than in the short run. Keywords: autoregressive distributed model, Dickie-Fuller test, economic growth, foreign investment, double gap theory.

scholarly journals DO ENTREPRENEURIAL DYNAMICS AND EMPLOYMENT INFLUENCE ECONOMIC GROWTH? EVIDENCE FOR ROMANIA

2021 ◽  
pp. 98-110
Author(s):  
Ramona Simut ◽  
Alina Badulescu ◽  
Dragos Dianu
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Local Level ◽  
Domestic Product ◽  
Active Population ◽  
Trust Networks ◽  
Macroeconomic Indicators ◽  
Social Associations ◽  
The Relationship ◽  
Entrepreneurial Dynamics

The literature on the relationship between entrepreneurship, firm formation and economic development often describes entrepreneurship as a complex phenomenon, led by individuals, embedded in a broad economic and societal context, which, in regional terms, influences the quality and results of the entrepreneurial process. From a micro-economic perspective, the region is shaped by the myriad of laborious and innovative actions of entrepreneurs, looking for opportunities, taking risks, starting businesses and generating economic and social associations. Competition, trust, networks, mentalities, the education system, public policies, all are ingredients that can provide opportunities for many actors at the local level (institutions, businesses, population, etc.) and thus, for the region as a whole to thrive. Often these elements can offer the opportunities of economic convergence between regions and countries. On the other hand, we found that the potential of entrepreneurship to generate benefits and an impetus for the economic growth of regions were not fully researched and understood, despite suggestive empirical evidence and a rich literature in regional studies. In this article we analysed, at the level of the 8 development regions of Romania, the relation between the firm’s formation and the evolution of the Gross Domestic Product, respectively the relation between employment/active population and the evolution of the Gross Domestic Product. We did not find clear evidence that the pace of setting up new businesses has a certain effect on economic growth or employment, but we found that in some regions, better equipped in terms of infrastructure, qualification and diversity of human capital, entrepreneurial dynamics could moderately influence the positive evolution of these macroeconomic indicators.

Sign in / Sign up

Export Citation Format

Share Document