scholarly journals Consumption Contribution to Economy Growth

Author(s):  
Ivan Sudibyo

The analysis of the final consumption influence on the Gross Domestic Product is rarely studied. The final consumption is one important studies that follow the expenses method of GDP calculation and formation. The econometric approach gives substantial results when a longer interval is approached. The fact of econometric model is the dependence of the national economy on final consumption. Thus, the unifactorial regression model can be used to establish the influence that the value of final consumption. The Researcher make some description about final consumption in Southeast Asia+3 and US.

Author(s):  
Ramona - Mihaela Bâzgan

Abstract The purpose of this paper involved studying the impact of direct taxes and indirect taxes on the economic growth using an econometric Vector Autoregressive model (VAR) based on the statistical data related to Romania over the period of time 2009 (2nd quarter)-2017 (2nd quarter). Fiscal policy system involved a significant impact on the evolution of economic growth in the recent years in Romania, namely the years taken into consideration for this study. The econometric model used three endogenous variables, namely the level of direct taxes as percent of the Gross Domestic Product (%GDP), the level of indirect taxes as percent of the Gross Domestic Product (%GDP) and the economic growth rate over the analysed period of time. According to the econometric model presented in this paper, it was proved that a positive change in the structure of indirect taxes will have a strong positive influence on the economic growth over a medium-term period. On the other hand, economic growth will be negatively influenced in the next period of time after implementing a positive change in the structure of direct taxes, then returning to a positive influence over a medium term period and maintaining that influence in the future time periods.


Author(s):  
Victoriia Garkusha

In the article the tendencies of development of the industrial branch are revealed. The dynamics of gross domestic product created by industrial enterprises is studied to establish their position in the structure of the national economy. It is proved that industry has a significant impact on the state’s economy, as this industry creates a large number of jobs, promotes the development of small and medium-sized businesses. The factors that determine the main trend of dynamics (increase or decrease of levels) are revealed. As well as factors that deviate levels from the trend. We observe that industrial enterprises are going through a difficult period due to difficult economic conditions, increasing competition in industries, the financial crisis, as well as the lack of real support from the state. Based on the logic of safe economic activity, the tendencies of changes in the financial result of industrial enterprises, in particular processing, are investigated and the degree of their safe functioning and development is revealed. When studying the trends in gross domestic product, their great importance in the structure of the national economy was found. The dynamics of expectations of industrial enterprises regarding the prospects of development of their business activity is characterized. It is established that the tendency to increase production actualizes the problem of improving management, first of all, financial results and in their composition – the profitability of operating activities. The trend of profitability of operating activity of industrial enterprises on the basis of phase-frequency Wallis-Moore criterion is estimated. Multidimensional, detailed analysis of the activities of industrial enterprises is a necessary element of the information system through which management and professionals have the opportunity to make adequate management decisions. The dynamics of expectations of the prospects for the development of their business activity shows that industries are experiencing a difficult period due to difficult economic conditions, increasing competition in industries, the financial crisis. It is expected that the proposals set out in the article will contribute to a partial solution to the problems of information security management of industrial enterprises.


ECONOMICS ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 91-97
Author(s):  
Stanko Stanić ◽  
Željko V. Račić

Abstract This paper presents the application of the multiple regression analysis model in macroeconomic research using the model of Bosnia and Herzegovina in the period from 2005 to 2018. The objective of the research is to evaluate the effects of macroeconomic factors (independent variables) to gross domestic product (dependent variable), and based on theoretical and methodological research. Applying the Enter method, out of six independent variables, they are all included in the regression model, whereas the sequence of inclusion in the model is the following: foreign direct investments, Import, Export, Growth rate, unemployment and inflation. Numerous research indicate positive connection between gross domestic product as the dependent variable and foreign direct investments, Import, Export, Growth rate, unemployment and inflation, as independent variables. Other factors negligibly explain the most important indicator of economic activities of a country. Our assignment is to either confirm or reject the abovementioned statement.


Author(s):  
Iryna Shtuler, Tatiana Suhak

Officially, the COVID-19 pandemic reached Ukraine in March 2020 and came to Ukraine at a time when the national economy was not in the best condition. In fact, the COVID-19 pandemic has transformed not only the structure of the national economy, but also the way of doing business. This is evidenced by indicators that reflect changes in the structure of gross domestic product, changes in the structure of employment and marketing tools. The COVID-19 pandemic has already led to a financial crisis and a crisis in certain areas and sectors of the economy, but there are those who have benefited from quarantine measures. However, there are industries and areas of activity for which the COVID-19 pandemic has given a good start and revenue growth. Timely response and targeted action will reduce the negative impact of the COVID-19 pandemic, prevent a decline in business activity, create conditions for the development of Ukrainian manufacturers and reduce the impact of the crisis caused by the COVID-19 pandemic.


The paper examined the implications of tax revenue on economy growth in Nigeria. The specific objective of this study is to examine the relationship between tax revenue and gross domestic product in Nigeria. Simple Regression was used to achieve the objective of this study. Secondary data will be sourced from International Monetary Fund’s Government Finance Statistics. It was revealed that there was a weak correlation between dependent and independent variable. It was also discovered that there was no significant relationship between tax revenue and gross domestic product in Nigeria. The study therefore recommends that Government should formulate policies that will minimize the volume of tax leakages in order to increase total tax revenue that will contribute positively to economic growth in Nigeria. The study also recommends that Government should always make sure that tax revenue is spent on social amenities and welfares of the Nigerian citizens.


2013 ◽  
Vol 2 (2) ◽  
Author(s):  
Dewi Sartika

This study examines the effect of GDP (Gross Domestic Product) and the exchange rate on U.S. dollar against the TPF (Third Party Funds) in Indonesia. The objective of Islamic banking in this study was to analyze the influence of GDP (Gross Domestic Product) Rupiah rate against U.S. dollar deposits (Fund Party Third) of Islamic banking in Indonesia. In writing this makes the GDP (Gross Domestic Product) and the rupiah rate to U.S. dollar as the variables that influence to measure how much influence on Deposits (Third Party Funds). This study used 24 samples comprising the financial statements starting from January 2004 till December 2009. The method used in this study is the statistical method with a multiple regression model, where to find or measure how much influence given by the GDP (Gross Domestic Product) and exchange rate on U.S. dollar against the TPF (Third Party Funds) Islamic banking. The result showed that the variables GDP (Gross Domestic Product) and the exchange rate on U.S. dollar deposits have a significant effect on the Fund (Third Party) Islamic banking in IndonesiaDOI: 10.15408/sjie.v2i2.2426


2019 ◽  
Author(s):  
Sulistiyaningsih

Japan is developed country located in east asia. Japan is the third largest national economy in the world in terms of nominal Gross Domestic Product (GDP). This country has a lot of unique customs and culture. Even known as modern country, Japan is always preserve the historical relics very well. One of the most popular tourism historical object in Osaka is Osaka Castle. This castle is the main icon of Osaka city and manifestation of historical tourism that is still well preserved in Japan.


2018 ◽  
Vol 20 (4) ◽  
pp. 497-526
Author(s):  
Profita Sumunar Luthfiana ◽  
Nasrudin Nasrudin

Gross Domestic Product (GDP) is considered as the best measure of economicperformance. However, in Indonesia, the GDP is presented in quarterly aggregate value.As a result, the monthly economic outlook is unknown, and analysis with other monthlyeconomic variables becomes limited. Therefore, this study will disaggregate quarterlyGDP into monthly GDP and its forecasting by using one of the coincident indicatorswhich are monthly Production Index of Large and Medium Manufacturing (industrialproduction index). Disaggregation is done on National GDP data of Indonesia period2000/I to 2016 / IV, whereas forecasting is made on monthly and quarterly GDP 2017.This study uses a combination of the simple linear regression model and ARIMA modelwith some modifications. The disaggregation result indicates that the monthly GDPmoves volatile and has a different pattern between quarters. Also, the monthly GDPdisaggregation and forecasting are proven that can be used by industrial productionindex that becomes a coincident indicator. GDP 2017 shows that the highest quarterlyGDP will have occurred in the third quarter, whereas the highest monthly GDP willhave occurred in June (second quarter). The result of disaggregation can be used furtherto the study of economic outlook will be more comprehensive.


Sign in / Sign up

Export Citation Format

Share Document