5. Government Policies, Regional Trading Ag reements and Economic Performance of National Electronic Components Small and Medium-Sized Enterprises in Malaysia

This study examines the effect of incorporating taxation into the incumbency voting model using aggregate economic data for Canadian federal elections from 1953 to 1988. Although Canadian election campaigns tend to be dominated by economic performance issues, taxation, as measured by open-ended questions in the national election studies, has not been a salient campaign issue among voters. None the less, voters as consumers in the market economy have an interest in government policies that affect after-tax income. Furthermore, as economic citizens, voters have an interest in taxation as a measure of government efficiency – the costs of providing public services – independent of benefits generated by government. Paralleling American and British results, the economic and fiscal performance variables behave as expected in the incumbency model. Income change has a positive effect, and the rate of inflation and unemployment a negative effect, on incumbency voting. The relationship between taxation and incumbency voting is negative, both through its effect on after-tax income and also directly, independent of income. The results are consistent with an interpretation which suggests that voters, responding to the public agenda for economic performance and to a private agenda for taxation, behave both as politic consumers and as economic citizens.

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The Vulnerability of Developing Countries to the Economic Crisis Due to the Pandemic: What Can Indonesia Do?

KnE Social Sciences ◽

10.18502/kss.v5i8.9352 ◽

2021 ◽

Author(s):

Farida Rahmawati ◽

Fidelis Dwi Putra Santoso

Keyword(s):

Developing Countries ◽

Informal Sector ◽

Economic Performance ◽

Global Economy ◽

Budget Deficit ◽

Developed Countries ◽

Government Policies ◽

Government Performance ◽

Demographic Differences ◽

Fiscal Space

The spread of COVID-19 has had a significant impact on the global economy, including in Indonesia. The pandemic affected all economic performance, including growth, price stability, exchange rates, unemployment, poverty and so on. Although the crisis was felt by all countries, developing countries felt a greater impact than developed countries. Through a qualitative analysis, this paper aims to explain why this can happen, what are government policies for pandemic mitigation and what are their impact. The results show that the crisis caused by the pandemic in Indonesia was caused by four things, namely the dominance of the informal sector, limited fiscal space, poor governance and demographic differences between developed and developing countries. So, a strategy is needed to overcome these obstacles. Strategies that can be carried out are through evaluating government performance, increasing the budget deficit and moderating lockdowns. These three strategies are expected to be able to help Indonesia through the crisis caused by the COVID-19 pandemic. Keywords: COVID-19 Pandemic, Demographic Differences, Informal Sector, Limited Fiscal Space, Poor Governance

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Exploring the Effects of Government Policies on Economic Performance: Evidence Using Panel Data for Korean Renewable Energy Technology Firms

Sustainability ◽

10.3390/su11082253 ◽

2019 ◽

Vol 11 (8) ◽

pp. 2253

Author(s):

Bongsuk Sung ◽

Myoung Shik Choi ◽

Woo-Yong Song

Keyword(s):

Renewable Energy ◽

Financial Performance ◽

Firm Size ◽

Economic Performance ◽

Government Policies ◽

Organizational Slack ◽

Energy Technology ◽

Firm Age ◽

Public Subsidies ◽

Short Run

Previous studies have investigated how government policies on renewable energy technology (RET) affect economic performance at the industrial level. However, each firm in the RET industry is heterogeneous in terms of their capacities, resources, and the amount of public subsidies they receive. Considering the context in which public subsidies are provided to firms, this study econometrically investigates the effects of government policies on firms’ financial performance using panel data from the Korean RET industry. We consider the results of various panel framework tests; establish a panel vector autoregressive model in first differences; and test the dynamic relationships between firms’ financial performance, government subsidies (R&D- and non-R&D-related), firm size and age, and organizational slack, using a bias-corrected least squares dummy variable estimator. We find that R&D- and non-R&D-related subsidies positively affect firms’ financial performance in the long run. In the short run, there are bidirectional positive causal relationships between firms’ financial performance and organizational slack (and non-R&D-related subsidy), and firm size and non-R&D-related subsidy. A positive short-run relationship runs from R&D-related subsidy to firms’ financial performance, from firm age to non-R&D-related subsidy, and from firm size to firm age. Further, there are dynamic effects in all estimations, demonstrating that the dependent variables of the previous period enhance their values in the current period. The results provide some policy and strategic implications.

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Rates and Ratios Tell a Story

Darden Business Publishing Cases ◽

10.1108/case.darden.2016.000247 ◽

2017 ◽

pp. 1-9

Author(s):

Wei Li

Keyword(s):

Economic Performance ◽

Political Stability ◽

The United States ◽

Government Policies ◽

Economic Statistics ◽

The World ◽

Level Of Economic Development ◽

Underlying Causes ◽

India And China ◽

Over Time

For a variety of reasons, economic performance varies both across economies around the world in any given year and over time for any given economy. The level of economic development, political and economic institutions, government policies, political stability, and other social and perhaps cultural factors may all contribute to these variations. These differences in economic performance and their underlying causes are often reflected in published economic statistics and can be highlighted through the use of rates and ratios. This case sets up an exercise for students to examine economic statistics by (1) analyzing some key rates and ratios and (2) matching the data to country profiles published in the CIA World Factbook. The countries included in this case are the United States, Germany, Japan, Brazil, Russia, India, and China.

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The impact of changes in government policies on economic performance (the ARCH model)

Journal of Policy Modeling ◽

10.1016/0161-8938(92)90009-2 ◽

1992 ◽

Vol 14 (2) ◽

pp. 209-220 ◽

Cited By ~ 3

Author(s):

Meyra Sebello Mendoza ◽

Paul L. Farris

Keyword(s):

Economic Performance ◽

Government Policies ◽

Arch Model ◽

The Impact

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Migration of Firms, Home Bias and Economic Growth

Global Economy Journal ◽

10.2202/1524-5861.1639 ◽

2011 ◽

Vol 11 (2) ◽

pp. 1850223

Author(s):

Gilad D. Aharonovitz

Keyword(s):

Economic Performance ◽

Home Bias ◽

Government Policies ◽

Free Entry ◽

Developed Country ◽

Long Run ◽

Short Run ◽

Partial Ownership ◽

Less Developed Country ◽

Number Of Firms

This study analyzes the effects of government policies on the short-run and long-run movement of locally owned firms from a developed country to a less-developed country and on the output and growth rate of each country in the presence of home bias, a preference of firms and investors to operate in their home countries. The analysis uses a model which was developed for this purpose, in which growth is stemming from the increase in the number of firms. The study finds that for the less-developed country, harsh policy towards entering firms, such as taxing them in the form of requiring firms to grant partial ownership to local agents, results in better long-run economic performance, compared to free entry or subsidizing these firms, in addition to the harsh policy being less costly.

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Inequality may rise on Germany's political agenda

Emerald Expert Briefings ◽

10.1108/oxan-db227560 ◽

2017 ◽

Keyword(s):

Economic Growth ◽

Economic Performance ◽

Structural Changes ◽

Wealth Inequality ◽

German Society ◽

Government Policies ◽

Political Agenda ◽

The Political ◽

Content Type

Subject Inequality in Germany. Significance Germany's rise to prominence since reunification has been accompanied by an increase in income and wealth inequality. This flows from both government policies and structural changes in German society and economy. Impacts High inequality could constrain future economic growth. Inequality could dampen Germany's standing as a model capable of inspiring policy in Europe. Should inequality worsen and economic performance falter, more voters could turn to alternatives on the political extremes.

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