The role of innovations in fostering economic growth: an empirical analysis for selected CEE countries

2019 ◽  
Vol 22 (4) ◽  
pp. 716
Author(s):  
Darko Lazarov ◽  
Goce Petreski
Keyword(s):  
Economic Growth ◽  
Empirical Analysis

scholarly journals Public Investment in Education and Training in Vietnam

2018 ◽  
Vol 11 (7) ◽  
pp. 106
Author(s):  
Phung Van Hien
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Public Investment ◽  
Education And Training ◽  
Public Budget ◽  
Investment Structure ◽  
National Productivity ◽  
Intellectual Level ◽  
And Training

Public investment in education and training occupies an important proportion in Vietnam public budget, approximately 20%, equivalent to 5% GDP. Public investment in education and training has many positive benefits and impact on the economy and society by contributing to economic growth, by improving the national productivity, people’s qualification and intellectual level well as reducing unemployment, poverty in a country. On the basis of an empirical analysis in Vietnam, this paper propose several relevant recommendation for Vietnam government to improve the performance of public investment in education and training by making contribution to ensure suitable investment structure as well as uphold important role of education and training to the development of the economy and society.

scholarly journals Exploring a leading and lagging regions dichotomy: does entrepreneurship and diversity explain it?

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Thomas Ejdemo ◽  
Daniel Örtqvist
Keyword(s):  
Economic Growth ◽  
Cluster Analysis ◽  
Regional Development ◽  
Empirical Analysis ◽  
Regional Growth ◽  
Industry Structure ◽  
Development Policies ◽  
Regional Development Policies ◽  
Different Types

AbstractThere has been a long debate about the role of industry structure in the literature on why some regions successfully achieve economic growth, while other regions stagnate or decline. This paper provides an empirical analysis in which we, based on a cluster analysis, develop a taxonomy for regional growth. In a second part of the study, we explore how specialization and entrepreneurship are meaningful to discriminate between the different types of regions. Our results suggest that regional entrepreneurship and industry diversity characterized by relatedness are key elements in understanding why some regions are leading while others lag behind. The suggested taxonomy is argued to contribute with a nuanced perspective that can enhance discussions about improvements of regional development policies and to further empirical analysis on the topic.

scholarly journals MSMEs as Mediation in the Effects of Investment Credit, Interest Rates, and Labor on Economic Growth

2020 ◽  
Vol 9 (2) ◽  
pp. 01-12
Author(s):  
Muliadi Muliadi ◽  
Dio Caisar Darma ◽  
Jati Kasuma
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Interest Rates ◽  
Empirical Analysis ◽  
Bank Lending ◽  
Macroeconomic Factors ◽  
Large Numbers ◽  
Accurate Picture

An increase in MSMEs in large numbers is very instrumental in increasing economic growth in developing countries, including Indonesia. The research objective is based on identifying the effect of investment credit, interest rates, and labor on economic growth through the role of MSMEs. The design of this research is descriptive-verification to present a structured, factual and accurate picture and test hypotheses empirically through the MRA model. Empirical analysis proves that investment credit and interest rates through the role of MSMEs can influence positively and significantly on Indonesia's economic growth. In other results, it appears that the role of MSMEs is less able to mediate the effect of labor on Indonesia's economic growth. This fact is based on a negative and insignificant relationship. In a sentence or two, enter the implications and limitations of your research. In Indonesia, increasing bank lending to MSMEs in practice is undermined by lending policies by banks and by macroeconomic factors (economic growth, interest rates, investment credit, and labor).

scholarly journals Foreign Aid—Blessing or Curse: Evidence from Pakistan

2007 ◽  
Vol 46 (3) ◽  
pp. 215-240 ◽  
Author(s):  
Muhammad Arshad Khan ◽  
Ayaz Ahmed
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Foreign Aid ◽  
Empirical Analysis ◽  
Direct Investment ◽  
Domestic Investment ◽  
Socio Economic Development ◽  
The Empirical Analysis

The role of foreign aid in promoting economic growth is a debatable issue and remains unsettled at both theoretical and empirical levels. Pakistan has received a substantial amount of foreign aid since its Independence in 1947 but little improvement has been observed in its socio-economic development. This study considers the question as to whether foreign aid is a blessing or a curse for Pakistan. The empirical analysis is based on the ARDL cointegration approach. We examine the aid-growth link at the aggregate and disaggregate levels for the period 1972-2006. The results show negative and insignificant effects of foreign aid on the growth at the aggregate as well at the disaggregate level. The findings further suggest that domestic investment, export growth, and inflows of foreign direct investment are important contributors in enhancing economic growth in Pakistan.

The Determinants of the Foreign Direct Investment on the Macroeconomic Variables: The Case of the Algerian Economy

2018 ◽  
Vol 3 (1) ◽  
pp. 5-11
Author(s):  
Ahmed Smahi
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Empirical Analysis ◽  
Direct Investment ◽  
The Political ◽  
Annual Data ◽  
Bounds Testing ◽  
Macroeconomic Variables ◽  
Long Run

Foreign direct investment in Algeria as a percentage of GDP represented 0.9% during the last decade. The goal of this study is to assess the effect of Foreign Direct Investment on Algerian economy through an empirical analysis by applying the bounds testing ARDL and ECM-ARDL using annual data for the period 1970-2014. As far as the role of FDI is concerned, we shall try to highlight its effect that may show causal relationships to non-hydrocarbon GDP, non-hydrocarbon export, industry and employment in long run. Our estimation of an ARDL model indicates that the political and macroeconomic stability are not enough to attract FDI to help non-hydrocarbon sectors drive economic growth.

scholarly journals International capital flows in club of convergence

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ly Dai Hung ◽  
Hoan Nguyen Thi Thuy
Keyword(s):  
Economic Growth ◽  
Theoretical Model ◽  
Empirical Analysis ◽  
Capital Flows ◽  
International Capital Flows ◽  
Capital Inflows ◽  
International Capital ◽  
Content Type ◽  
The Empirical Analysis

PurposeThe paper analyzes the pattern of international capital flows, accounting for the convergence on economic growth.Design/methodology/approachThe paper employs an empirical analysis combined with a theoretical model. The evidence is based on a cross-section regression over a sample of 172 economies. And the model is an open multi-country overlapping generation (OLG) economy.FindingsThe empirical evidence records that the pattern of international capital flows in the club of convergence can diverge from the pattern in the club of unconvergence. A higher productivity growth rate is associated with more net capital inflows in the club of convergence but less net capital inflows in the club of unconvergence. The theory shows that proximity to world technology frontier can explain the divergence of capital flows.Research limitations/implicationsThe result can account for controversies between theories on the cross-border capital flows: allocation puzzle, up-hill capital flows and neoclassical growth model.Originality/valueThe paper combines both the empirical analysis with the theoretical model construction to account for the role of convergence of economic growth on determining the pattern of international capital flows.

Stepping in the Shoes of Leaders of Populist Right-Wing Parties

2017 ◽  
Vol 48 (1) ◽  
pp. 40-46 ◽  
Author(s):  
Jolanda Jetten ◽  
Rachel Ryan ◽  
Frank Mols
Keyword(s):  
Economic Growth ◽  
Growth Condition ◽  
Baseline Condition ◽  
Right Wing ◽  
Economic Context

Abstract. What narrative is deemed most compelling to justify anti-immigrant sentiments when a country’s economy is not a cause for concern? We predicted that flourishing economies constrain the viability of realistic threat arguments. We found support for this prediction in an experiment in which participants were asked to take on the role of speechwriter for a leader with an anti-immigrant message (N = 75). As predicted, a greater percentage of realistic threat arguments and fewer symbolic threat arguments were generated in a condition in which the economy was expected to decline than when it was expected to grow or a baseline condition. Perhaps more interesting, in the economic growth condition, the percentage realistic entitlements and symbolic threat arguments generated were higher than when the economy was declining. We conclude that threat narratives to provide a legitimizing discourse for anti-immigrant sentiments are tailored to the economic context.

Empirical Analysis of Clinical Evaluations on Children Involved in the Child Protection System: The Role of Age and Gender

2000 ◽  
Author(s):  
Erika Felix ◽  
Anjali T. Naik-Polan ◽  
Christine Sloss ◽  
Lashaunda Poindexter ◽  
Karen S. Budd
Keyword(s):  
Empirical Analysis ◽  
Child Protection ◽  
Protection System ◽  
Age And Gender ◽  
Clinical Evaluations ◽  
And Gender
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