Does Economic Growth Responses to Changes in Financing Policies? Signals from Sudan Economy (1997-2018)

2020 ◽  
Vol 8 (7) ◽  
pp. 272-287
Author(s):  
Omer Allagabo Omer Mustafa Mustafa
Keyword(s):  
Economic Growth ◽  
Annual Reports ◽  
Growth Responses ◽  
Economic Sectors ◽  
Gross Domestic Product Growth ◽  
Financing Policies ◽  
Agriculture Industry ◽  
Simple Regression Model ◽  
And Storage ◽  
Storage Energy

Through a simple regression model, the study tries to examine whether the economic growth in Sudan responses to changes in financing policies adopted by the Central Bank of Sudan(CBOS) during the period (1997-2018. Gross Domestic Product growth rate was used to measures economic growth (The dependent variable). While flow of banking finance to economic sectors includes; Agriculture, Industry, Local Trade, Foreign Trade, Transport and Storage, Energy and Mining and Real Estate were used to indicates changes in financing policies (The independent variables). Data were collected from annual reports of the CBOS. The results reveal that economic growth significantly responses to changes in financing policies but with different degrees during the period of the study. Moreover, it is found that imbalanced economic growth is directly related to imbalanced distribution of finance to economic sectors. The study strongly recommends that, the monetary authority should be issuing financing policies lead to equitable distribution of banking finance among economic sectors in order to achieve sustainable and balanced economic growth.

scholarly journals Transformasi Struktural di Jawa Timur : Pengaruh Pertumbuhan Ekonomi Sektoral terhadap Kemiskinan

Media Trend ◽  
2020 ◽  
Vol 15 (2) ◽  
pp. 275-282
Author(s):  
Abdul Khafidzin ◽  
Nurul Istifadah
Keyword(s):  
Economic Growth ◽  
Service Sector ◽  
Agricultural Sector ◽  
Industrial Sector ◽  
Economic Sectors ◽  
Equitable Distribution ◽  
Agriculture Sector ◽  
Agriculture Industry ◽  
Selection Of Variables ◽  
Distribution Of Income

Sectoral economic growth affects the level of poverty in the area. High economic growth does not merely reduce poverty. Equitable distribution of income is also a matter that needs to be considered in line with increased economic growth. High economic growth is the process of accumulation of sectoral economic growth that has undergone a structural shift in its journey. Changes in economic structure are marked by a decrease in the contribution of the agricultural sector and an increase in the contribution of the industrial sector, both in gross domestic product (GDP) and in employment. Economic growth needs to be directed towards economic sectors that are effective in reducing poverty and creating equitable distribution of income. The purpose of this study is to answer the question of how the influence of sectoral economic growth on poverty in East Java. For this purpose the panel data regression model is used. The selection of variables is based on research objectives. Agriculture sector GRDP (VP), industrial sector GRDP (VI) and service sector GRDP (VJ) represent sectoral economic growth. The results of the test show an increase in the contribution of the industrial sector effectively reduces poverty. In other words, between the agriculture, industry and services sectors, only the industrial sector has positive and significant parameters for poverty in East Java.

scholarly journals ANALISIS PENGARUH SEKTOR UNGGULAN MENJADI PUSAT PERTUMBUHAN KABUPATEN LABUHANBATU TAHUN 2013-2017

2020 ◽  
Vol 7 (1) ◽  
pp. 31-42
Author(s):  
Zulkarnain Nasution
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Regional Economy ◽  
Food Service ◽  
Secondary Data ◽  
Large Contribution ◽  
Economic Sectors ◽  
Economic Growth Rate ◽  
Financial Communication ◽  
And Storage

Abstract This study aims to determine the dominant sector of the regional economy Labuhanbatu. Secondary data were obtained the form of time series from the Gross Regional Domestic Product (GRDP) of Labuhanbatu and North Sumatera province from 2013-2017 to determine the most prominent sector using Typology Klassen, LQ, shift and MRP methods. The economic sectors were divided into four groups based on their large contribution and economic growth rate namely prominent, growing, potential and underdeveloped. The result showed that the Labuhanbatu and North Sumatera province were prominent in the agriculture, mining and quarrying, Transportation and Storage, Accommodation and Food Service Activities, financial, communication, and education sector

Enhancing Economic Growth and Government Revenue Generation in Nigeria: The Role of Diaspora Remittances

2021 ◽  
pp. 003464462110256
Author(s):  
Dal Didia ◽  
Suleiman Tahir
Keyword(s):  
Economic Growth ◽  
Parameter Estimates ◽  
Gross Domestic Product Growth ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run ◽  
Short Run ◽  
The Empirical Analysis

Even though remittances constitute the second-largest source of foreign exchange for Nigeria, with a $24 billion inflow in 2018, its impact on economic growth remains unclear. This study, therefore, examined the short-run and long-run impact of remittances on the economic growth of Nigeria using the vector error correction model. Utilizing World Bank data covering 1990–2018, the empirical analysis revealed that remittances hurt economic growth in the short run while having no impact on economic growth in the long run. Our parameter estimates indicate that a 1% increase in remittances would result in a 0.9% decrease in the gross domestic product growth rate in the short run. One policy implication of this study is that Nigeria needs to devise policies and interventions that minimize the emigration of skilled professionals rather than depending on remittances that do not offset the losses to the economy due to brain drain.

scholarly journals Energy Harvesting and Storage: Energy Harvesting and Storage with Soft and Stretchable Materials (Adv. Mater. 19/2021)

2021 ◽  
Vol 33 (19) ◽  
pp. 2170151
Author(s):  
Veenasri Vallem ◽  
Yasaman Sargolzaeiaval ◽  
Mehmet Ozturk ◽  
Ying‐Chih Lai ◽  
Michael D. Dickey
Keyword(s):  
Energy Harvesting ◽  
And Storage ◽  
Storage Energy

scholarly journals Political Stability and Security Status

2019 ◽  
Vol 3 (1) ◽  
pp. 11-13
Author(s):  
Ribaz Chato Biro
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Direct Investment ◽  
Political Stability ◽  
Kurdistan Region ◽  
Economic Sectors ◽  
Autonomous Region ◽  
Economic Progress ◽  
New Destination

Political stability and security have become important factors of sustainable economic progress for the developing countries, especially states with the experience of war and instability. Kurdistan Region of Iraq (KRI) as a semi-autonomous region tried to improve the level of political stability and security status, to gain more foreign direct investment (FDI) and economic growth. Consequently, KRI has become the safest region in Iraq and enjoyed political stability and safety. Therefore, during the last decade, KRI has occurred as a new destination of FDI in the Middle East and has received notable progress in most of the economic sectors. The aim of this study is to evaluate the role of political stability and security status on the FDI attractions and their consequences on economic development. However, it will investigate the factors that make the KRI safer than the rest of Iraq.

scholarly journals PENGARUH KORUPSI, DEMOKRASI DAN POLITIK TERHADAP KEMISKINAN DI DELAPAN NEGARA ASEAN DENGAN PERTUMBUHAN EKONOMI SEBAGAI VARIABEL MODERASI

2019 ◽  
Vol 1 (3) ◽  
pp. 845
Author(s):  
Yolanda Yolanda
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Predictor Variable ◽  
Combination Method ◽  
Annual Reports ◽  
Series Data ◽  
Transparency International ◽  
Negative Effect ◽  
Asean Countries ◽  
The Relationship

This study aims the influence of corruption, democracy and politics on poverty in ASEAN countries with economic growth as a moderating variable. The method used is using the panel regression model. This data uses a combination method between time series data from 2013 - 2016 and a cross section consisting of 8 countries. Data obtained from World Bank annual reports, Transparency International and Freedom House. The results of this study indicate that (1) Corruption Perception Index (CPI) has a significant and negative effect on poverty, meaning that if the CPI increases then poverty will decrease (2) Democracy has no significant and negative effect on poverty. This means that if democracy increases, poverty will decrease (3) Politics has a significant and negative effect on poverty, meaning that if politics increases, poverty will decrease (4) Economic growth has a significant and positive effect on poverty, meaning if economic growth increases then poverty will decline (3) Economic growth unable to moderate the relationship between corruption, democracy and politics towards poverty in 8 ASEAN countries. Economic growth as an interaction variable is a predictor variable (Predictor Moderate Variable), which means that economic growth is only an independent variable.

scholarly journals Relative Earnings and Manpower Allocation in Developing Economies

1969 ◽  
Vol 9 (1) ◽  
pp. 14-34 ◽  
Author(s):  
Lloyd G. Reynolds
Keyword(s):  
Economic Growth ◽  
Subject Matter ◽  
Structural Changes ◽  
Developing Economies ◽  
Developed Countries ◽  
The Other ◽  
Labour Economics ◽  
Economic Behaviour ◽  
Agriculture Industry ◽  
Starting Point

The less developed countries (LDC) present two kinds of challenge to economists. First, they invite us to develop hypotheses about how economic growth begins and about structural changes during the early decades of growth. Second, they provide a fresh terrain on which specialists in particular subject-matter areas can test accepted notions about economic behaviour. For investigations in labour economics, the structure of earnings provides a convenient starting point. (It is best to say "earnings" rather than "wages" because most workers in the LDC's are self-emplqyed.) Analysis of earnings requires an examination of manpower supplies and requirements. This leads into the economics of agriculture, industry, government, and other labour demanding sectors on one side, and into a study of education and other skill-producing agencies, on the other. Thus by starting with the earnings structure, one is led rather directly into the heart of the economy.

scholarly journals Employment Intensity of Economic Growth: Evidence from Nepal

2019 ◽  
pp. 34-47
Author(s):  
Madhav Prasad Dahal ◽  
Hemant Rai
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Gross Domestic Product ◽  
Employment Growth ◽  
Policy Agenda ◽  
Economic Sectors ◽  
Employment Opportunities ◽  
Jobless Growth ◽  
Review Period ◽  
Intensive Growth

 Economic growth and employment are taken as the top twin objectives of macroeconomic policy agenda in both developed and developing countries. Economic growth brings changes in employment growth. In general, during time of the growth of gross domestic product (GDP) increasing employment opportunities are created while unemployment will be rising during economic deceleration. This paper examines employment intensity of growth in (i) the economy of Nepal in totality, (ii) three broad economic sectors, and (iii) different sub-sectors of the economy over the period 1998-2018. Empirical result indicates labor-intensive growth in Nepal over the review period. There is no indication of jobless growth.

scholarly journals Identifikasi Kebutuhan Pendidikan Melalui Keunggulan Potensi Daerah

Inovasi ◽  
2020 ◽  
Vol 17 (1) ◽  
pp. 1-10
Author(s):  
Irham Iskandar
Keyword(s):  
Economic Growth ◽  
Health Services ◽  
Social Security ◽  
Human Development ◽  
Human Development Index ◽  
Annual Reports ◽  
Social Activities ◽  
Location Quotient ◽  
Development Index ◽  
Government Administration

The main objective of this research is to identify what education is in line with the advantages of regional potential, namely through specific typologies, approaches to the pattern of economic growth relations and the human development index and location quotient. This type of research method is development research, namely research aimed at developing research findings or previous theories, both for the purposes of pure science and applied sciences and so on. The data used in this study is secondary data in the form of data in the form of annual reports on Aceh economic statistics in 2012-2016 in the form of GRDP data, economic growth, per capita income, human development index obtained from the Central Statistics Agency. The results of the study show that the identification of education is appropriate to the potential in disadvantaged areas, namely Aceh Singkil District such as electricity and gas procurement, financial and information services, government administration, land and compulsory social security, as well as health services and social activities; South Aceh Regency such as construction, information and communication, as well as government administration, land and compulsory social security; North Aceh Regency such as agriculture, forestry and fisheries; mining and excavation; and processing industry; Southwest Aceh District such as construction; health services and social activities; and other services; Aceh Tamiang Regency such as fisheries, forestry and fisheries; mining and excavation; and other services; Nagan Raya Regency such as agriculture, forestry and fisheries; and mining and quarrying; and Aceh Jaya Regency such as construction, transportation and warehousing, as well as government administration, defense and compulsory social security.   Keywords: standard typology, economic growth, human development index, and location quotient

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