scholarly journals Impact of Remittances on Economic Growth: Evidence from Selected West African Countries (Cameroon, Cape Verde, Nigeria and Senegal)

2015 ◽  
Vol 1 (2) ◽  
Author(s):  
Muriel Adarkwa ◽  
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
West African ◽  
Cape Verde ◽  
Series Data ◽  
African Countries ◽  
The World Bank ◽  
Negative Effect ◽  
The Impact ◽  
Positive Effect

Remittances from abroad play a key role in the development of many West African countries. Remittances tend to increase the income of recipients, reduce shortage of foreign exchange and help alleviate poverty. This research examines the impact of remittances on economic growth in four selected West African countries: Cameroon, Cape Verde, Nigeria and Senegal. Using developmentalist, structuralist and pluralist views on remittances, a linear regression was run on time series data from the World Bank database for the period 2000–2010. After a critical analysis of the impact of remittances on economic growth in these four countries, it was found that inflow of remittances to Senegal and Nigeria has a positive effect on these countries’ gross domestic product whereas for Cape Verde and Cameroon it had a negative effect. Cameroon benefitted the least from remittances and Nigeria benefitted the most within the period. One contribution of this study is the finding that remittance inflows need to be invested in productive sectors. Even if remittances continue to increase, without investment in productive sectors they cannot have any meaningful impact on economic growth in these countries.

scholarly journals PENGARUH KONSUMSI ENERGI DAN REZIM TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA

2019 ◽  
Vol 1 (2) ◽  
pp. 401
Author(s):  
Zakiah Husna ◽  
Idris Idris
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Time Series Data ◽  
Secondary Data ◽  
Series Data ◽  
Renewable Energy Consumption ◽  
Energy Regime ◽  
Negative Effect ◽  
Positive Effect

This study aims to determine the effect of energy consumption and regime on economic growth in Indonesia. The data used is secondary data in the form of time series data from 1988-2017, with documentation and library study data collection techniques obtained from relevant institutions and agencies. the variables used are economic growth (GDP), non-renewable energy consumption, renewable energy consumption and regime, the research methods used are: (1) Multiple Regression Analysis (OLS), (2) Classical Assumption Test results of research stating that: ( 1) non-renewable energy consumption has a positive effect on economic growth in Indonesia. (2) consumption of renewable energy has a positive effect on economic growth in Indonesia. (3) the energy regime has a negative effect on economic growth in Indonesia. (4) non-renewable energy consumption, renewable energy consumption and energy regime have a significant effect on economic growth in Indonesia. so only the energy regime has a negative effect on economic growth in Indonesia.

scholarly journals Political Stability and its Impact on Economic Growth of Pakistan (1988-2018): A Time Series Analysis

2020 ◽  
Vol 6 (1) ◽  
pp. 273-282
Author(s):  
Majid Hussain Phul ◽  
Muhammad Saleem Rahpoto ◽  
Ghulam Muhammad Mangnejo
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Data ◽  
Political Stability ◽  
Series Data ◽  
Explanatory Variables ◽  
Long Run ◽  
Short Run ◽  
The Impact ◽  
Positive Effect

This research paper empirically investigates the outcome of Political stability on economic growth (EG) of Pakistan for the period of 1988 to 2018. Political stability (PS), gross fixed capital formation (GFCF), total labor force (TLF) and Inflation (INF) are important explanatory variables. Whereas for model selection GDPr is used as the dependent variable. To check the stationary of time series data Augmented Dickey Fuller (ADF) unit root (UR) test has been used,  and whereas to find out the long run relationship among variables, OLS method has been used. The analysis the impact of PS on EG (EG) in the short run, VAR model has been used. The outcomes show that all the variables (PS, GFCF, TLF and INF) have a significantly positive effect on the EG of Pakistan in the long run period. But the effect of PS on GDP is smaller. Further, in this research we are trying to see the short run relationship between GDP and other explanatory variables. The outcomes show that PS does not have such effect on GDP in the short run analysis. While GFCF, TLF and INF have significantly positive effect on GDP of Pakistan in the short run period.

scholarly journals DINAMIKA PENDUDUK DAN PERTUMBUHAN EKONOMI DI INDONESIA

2020 ◽  
pp. 22
Author(s):  
Adhitya Wardhana ◽  
Bayu Kharisma ◽  
Sarah Annisa Noven
Keyword(s):  
Economic Growth ◽  
Population Dynamics ◽  
Infant Mortality ◽  
Time Series Data ◽  
Government Expenditure ◽  
Negative Influence ◽  
Least Square ◽  
Series Data ◽  
Negative Effect ◽  
Positive Effect

This study aims to see the effect of population dynamics variables on economic growth in Indonesia. This study uses the Ordinary Least Square model with time series data from 1986 to 2016. The data used are population dynamics variables, such as number of fertilities, infant mortality, with the variable control are the amount of labor, savings and government expenditure on economic growth measured through Gross Domestic Product. The results os the study showed that the fertility amount in Indonesia has a negative effect on the amount of economic growth in Indonesia, which means that increasing population will reduce economic growth in Indonesia. then, variable infant mortality has a negative influence on economic growth in Indonesia. Fertility variables and the population of productive age have a positive effect on labor force participation rates. Control variables, like savings and government expenditure, also have a positive effect on economic growth in Indonesia.

scholarly journals THE IMPACT OF COVID-19 PANDEMIC ON THE TOURISM SECTOR IN INDONESIA

Riset ◽  
2021 ◽  
Vol 3 (1) ◽  
pp. 389-401
Author(s):  
Jan Horas Veryady Purba ◽  
Ritha Fathiah ◽  
Steven Steven
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Secondary Data ◽  
Equation Model ◽  
Least Square ◽  
Series Data ◽  
Tourism Sector ◽  
Before And After ◽  
Negative Effect ◽  
The Impact

The tourism is one of the strategic sectors and has an important role as a source of foreign exchange and encourages national economic growth. Since March 2020, the Covid-19 pandemic has begun to enter Indonesia, and the cumulative infection curve has not sloped, and is still increasing exponentially until now. This phenomenon has resulted in a contraction in the Indonesian economy or created negative economic growth, as well as creating very bad conditions for the tourism sector in Indonesia. This study aims to examine the influence of the Covid-19 pandemic on tourism and its implications for economic growth in Indonesia. The data used are quarterly time series data before and after the Covid-19 Pandemic (2018-2020). This study uses a regression equation model that is estimated by using ordinary least square (OLS). Secondary data used are data air transport and hotel accommodation, as a proxy for tourism variables. The results show that the Covid-19 Pandemic has a negative effect on Indonesian tourism, and has negative implications for Indonesia's GDP. From the simulation results, the findings of this study also calculate the amount of potential lost in the Turism and Indonesian economy during the Covid-19 Pandemic.

scholarly journals Elections, Foreign Direct Investment, and Economic Growth in Ghana’s Fourth Republic: 1993 to 2016

2019 ◽  
pp. 1-8
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Time Series Data ◽  
Positive Impact ◽  
Series Data ◽  
Long Run ◽  
Negative Effect ◽  
Short Run ◽  
The Impact

Foreign Direct Investment (FDI) has been seen as an important factor influencing economic growth directly and indirectly in both developed and developing countries. This study assesses the impact of FDI on growth in Ghana since the return to constitutional rule in 1993. The study uses time series data from 1993 to 2016. Using the Autoregressive Distributed Lagged model (ARDL), the study finds a positive impact of FDI on growth both in the short-run and long-run. However, there is a lag period of two. The study equally finds that Gross Saving has a positive impact on growth. On the other hand inflation has a negative effect on growth both in the short and long run. The study also discovered that FDI granger causes growth but GDP does not granger cause FDI. Post-election years with incidence of political uncertainty slow down FDI inflow into Ghana. The study recommends the adoption of stringent fiscal and monetary policies to keep inflation low. It also recommends maintaining and improving the liberal market environment to attract investors, policies to encourage saving, and improving on political transitions to avoid uncertainties for investors.

scholarly journals Keterbukaan Perdagangan, Inflasi, Jumlah Tenaga Kerja dan Pertumbuhan Ekonomi di Indonesia

2020 ◽  
Vol 5 (1) ◽  
pp. 10-23
Author(s):  
Khoirul Ifa ◽  
Neny Tri Indrianasari ◽  
Fetri Setyo Liyundira
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Series Data ◽  
Test Results ◽  
Analysis Method ◽  
The World Bank ◽  
The Impact ◽  
Method Show

This research is a quantitative study using time series data from 1986 to 2018, research data obtained from the world bank, data analysis techniques using the GMM method to see the impact of trade openness on economic growth. The test results using the Generalized Method of Moments analysis method show that all variables have a significant effect on the dynamics of economic growth in Indonesia.. Then this value also has a probability of less than the ? value. It can be concluded that the variables of trade, inflation, and the number of workers have a significant effect on economic growth in Indonesia.

scholarly journals PENGARUH HARGA MINYAK DUNIA DAN SUKU BUNGA TERHADAP PERTUMBUHAN EKONOMI INDONESIA TAHUN 1987-2017

2019 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Ina Yanti ◽  
Ratna Ratna
Keyword(s):  
Economic Growth ◽  
Interest Rates ◽  
Time Series Data ◽  
Oil Prices ◽  
Series Data ◽  
Energy Information Administration ◽  
Analysis Model ◽  
Negative Effect ◽  
The Government ◽  
Positive Effect

This study aims to determine the effect of world oil prices and interest rates on the economic growth of Indonesia. The data used in this study is time-series data during1987-2017 obtained from Indonesia. (Energy Information Administration), Bank Indonesia, and the Central Bureau of Statistics. Data analysis methods use multiple linear regression and Vector Autoregression (VAR) models. The results of the study show that partially the world oil prices and interest rates have a significant and negative effect on the economic growth of Indonesia. Simultaneously, world oil prices and interest rates have a significant and positive effect on the economic growth of Indonesia. Furthermore, the results of testing the VAR analysis model indicate that world oil prices have a positive and significant effect on the economic growth of Indonesia, and interest rates have a positive and insignificant effect on the economic growth of Indonesia. It recommends that the government and all stakeholders must collaborate to reduce or eliminate the influence of shocks to global oil prices domestically and a concrete step that needs to be sought is to normalize the habits that used to be wasteful of fuel to save fuel.

scholarly journals DETERMINAN PENGANGGURAN GENDER PADA NEGARA LOWER MIDDLE INCOME DI ASEAN

2019 ◽  
Vol 1 (3) ◽  
pp. 949
Author(s):  
Yulia Ulan Sari ◽  
Hasdi Aimon
Keyword(s):  
Time Series Data ◽  
Combination Method ◽  
Series Data ◽  
Dependency Ratio ◽  
Significant Positive Effect ◽  
Middle Income ◽  
Section Data ◽  
The World Bank ◽  
Negative Effect ◽  
Positive Effect

The study explained the effect of the amount of people age 15-64 years, the labor and the dependency ratio toward the gender unemployment ratio. The method that is used in the reasearch is the panel regression model. This data used a combination method between time series data from 2000 – 2017 and cross section data obtained from the World Bank annual report. The results of this study show that the ratio of the number of residents aged 15-64 years has no significant positive effect on the gender unemployment ratio, the ratio of labor has a significant negative effect on the gender unemployment ratio, and the dependency ratio has a significant positive effect on the gender unemployment ratio.

scholarly journals Implementation of investment and working capital financing allocated by banks towards the added GDP, labors, and welfare in four regencies in Madura

2015 ◽  
Vol 18 (1) ◽  
pp. 29
Author(s):  
Didin Fatihudin ◽  
Sjamsul Hidajat ◽  
Ma�ruf Sya�ban
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Data ◽  
Series Data ◽  
Private Bank ◽  
Working Capital ◽  
Investment Financing ◽  
Negative Effect ◽  
Capital Financing ◽  
Positive Effect

This study investigates the implementation of investment financing absorption and private bank sectors working capital to increase GDP, employment, and welfare of the four counties in Madura island (Bangkalan, Sampang, Pamekasan, Sumenep). This is the development of a previous study. This explanatory study is based on the model devel-opment concept or theory with Path Analysis through the data normality, multicolli-nearity, and heteroscedasticity test as well as causality. The data were taken from Bank Indonesia, Investment Coordinating Board, and the Central Bureau of Statistics. This is a time series data of 2002 to 2006. It shows that the financing of investment to GDP has significant and negative effect, financing of investment to labor absorption has signifi-cant and negative effect; financing working capital to GDP has significant and positive effect; financing of working capital to labor absorption has significant and negative effect; GDP in the labor market has no significant nor positive effect; GDP for the welfare effect, it has positive but not significant effect; employment in the welfare has a significant and positive effect. The direct effect or indirect implementation of financing from banks to finance investments and working capital to the entrepreneurs has increasingly a significant and positive effect. Absorption has dominated world finance working capital financing, following the least consumption and investment. Thus, it was natural that the implementa-tion of the investment credit and working capital has a significant and positive effect on economic growth, absorption of labor, and welfare in all four counties in Madura.

scholarly journals The Effect of Private Inflation and Investment on Unemployment and Poverty in North Maluku Province

2020 ◽  
Vol 3 (3) ◽  
pp. 36-48
Author(s):  
Nonce Hasan ◽  
Muammil Sun'an
Keyword(s):  
Economic Growth ◽  
Unemployment Rate ◽  
Inflation Rate ◽  
Time Series Data ◽  
Private Investment ◽  
Series Data ◽  
Poverty Level ◽  
Unemployment Rates ◽  
Negative Effect ◽  
Positive Effect

Poverty refers to a person's inability to get a stable livelihood and provide a decent income to support his/her life in a sustainable manner. Poverty is a problem deserving undivided attention in any country. Poverty is triggered by various factors, including low investment levels, high unemployment rates, and slow economic growth. This study aims to: 1) determine the effect of inflation rate and private investment on the unemployment rate; 2) determine the effect of inflation rate and private investment on poverty level; and 3) determine the effect of unemployment rate on poverty level. This study uses time series data from 2012 to 2018 and path analysis. The findings indicate that inflation has a positive effect on unemployment and poverty, and the level of private investment has a negative effect on unemployment and poverty.

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