scholarly journals Growth and non-regular employment

2016 ◽  
Vol 16 (2) ◽  
Author(s):  
Hiroaki Miyamoto
Keyword(s):  
Productivity Growth ◽  
Technological Progress ◽  
Developed Countries ◽  
Growth Data ◽  
Upward Trend ◽  
The Past ◽  
Long Run ◽  
Regular Employment ◽  
Search And Matching Model ◽  
The Impact

AbstractThe share of non-regular employment has been increasing in many developed countries during the past two decades. The objective of this paper is to study a cause of the upward trend in non-regular employment by focusing on productivity growth. Data from Japan shows that the slowdown in productivity growth increases both unemployment and the proportion of non-regular workers to total employed workers. In order to study the impact of long-run productivity growth on unemployment and non-regular employment, I develop a search and matching model with disembodied technological progress and two types of jobs, regular and non-regular jobs. The numerical analysis demonstrates that the slowdown in productivity growth increases the share of non-regular employment and the unemployment rate, which is consistent with empirical facts.

Foreign Direct Investment, Intellectual Property Rights, and Productivity Growth

2014 ◽  
Vol 05 (03) ◽  
pp. 1440009
Author(s):  
Sasatra Sudsawasd ◽  
Santi Chaisrisawatsuk
Keyword(s):  
Foreign Direct Investment ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Productivity Growth ◽  
Direct Investment ◽  
Developed Countries ◽  
Outward Fdi ◽  
The Impact ◽  
Ipr Protection

Using panel data for 57 countries over the period of 1995–2012, this paper investigates the impact of intellectual property rights (IPR) processes on productivity growth. The IPR processes are decomposed into three stages — innovation process, commercialization process, and protection process. The paper finds that better IPR protection is directly associated with productivity improvements only in developed economies. In addition, the contribution of IPR processes on growth through foreign direct investment (FDI) appears to be quite limited. Only inward FDI in developed countries which creates better innovative capability leads to higher growth. In connection with outward FDI, only the increase in IPR protection and commercialization are proven to improve productivity in the case of developing countries, particularly when the country acts as the investing country.

scholarly journals International trade in services and inequalities

2016 ◽  
Vol 23 (5) ◽  
pp. 1069-1075 ◽  
Author(s):  
Sylvain Petit
Keyword(s):  
Wage Inequality ◽  
Developed Countries ◽  
Tourism Industry ◽  
Skilled Workers ◽  
Business Services ◽  
Long Run ◽  
Short Run ◽  
Unskilled Workers ◽  
Tourism Services ◽  
The Impact

This study investigates the impact of the international openness in tourism services trade on wage inequality between highly skilled, semi-skilled, and unskilled workers in the tourism industry. The sample covers 10 developed countries and expands over 15 years. A cointegrated panel data model and an error correction model were used to distinguish between the short- and long-run effects. The results are compared to those of openness of business services and manufactured goods. The findings point out that tourism increases wage inequality at the expense of the least skilled workers in the long run and the short run.

scholarly journals Effects of Institutional Quality on FDI in Provinces of Vietnam: Empirical Evidence Based on Differenced Panel GMM

2015 ◽  
Vol 22 (03) ◽  
pp. 26-45
Author(s):  
Bon Nguyen Van
Keyword(s):  
World Economy ◽  
Institutional Quality ◽  
Total Sample ◽  
Developed Countries ◽  
Evidence Based ◽  
Fdi Inflows ◽  
Positive Effects ◽  
The Past ◽  
The Impact ◽  
Developing And Developed Countries

Foreign direct investment (FDI) has been strongly affecting the world economy during the past years and is a critical topic for both developing and developed countries. Most countries, particularly developing ones, always attempt to adjust and modify appropriate policies and institutions to attract FDI inflows. In the context of Vietnam, does the institutional quality have any effect on attracting FDI inflows in provinces? To answer clearly and exactly this question, the impact of institutional quality on attracting FDI inflows is empirically investigated in a sample of 43 provinces of Vietnam over the period of 2005–2012 via the estimation technique of difference panel GMM. Estimated results indicate that in the total sample of all provinces the institutional quality has significantly positive effects on the FDI flows. However, in the sub-sample of provinces the impact of the institutional quality on attracting FDI inflows in Northern and Southern regions are statistically significant while that in Central region is not.

scholarly journals A Review of Finance–Growth Nexus Theories: How Does Development Finance Fits in?

2015 ◽  
Vol 10 (1) ◽  
pp. 83-91 ◽  
Author(s):  
Nyankomo Marwa ◽  
Stephen Zhanje
Keyword(s):  
Developed Countries ◽  
Theoretical Development ◽  
Current Debate ◽  
Conventional Model ◽  
Development Finance ◽  
The Past ◽  
Concise Review ◽  
The Impact ◽  
Finance Growth Nexus

Abstract The finance growth-nexus debates have been contentious over the past three decades both empirically and theoretically. To contribute to this debate, the current paper presents a concise review of finance-growths nexus theoretical development and the current debate around growth-finance nexus theories. Then, it extends the current theoretical debate to include development finance within the broader scheme of finance-growth discourse. The key emerging trend is that, most of the contemporary theories trying to explain finance growth nexus have been exclusively focusing on the standard finance in general. Little attention has been devoted to understand the role of development finance on finance-growth nexus. It concludes that, for a more comprehensive understanding of the finance growth nexus, the role of development finance should be integrated in theory of finance-growth nexus. The paper demonstrates that conventional model of finance-growth nexus is more likely to underestimate the magnitude of the impact of finance on economic growth especially for less developed countries. The paper suggests that, a model which breakdown the finance into standard finance subgroup and development finance subgroup may provide more accurate and insightful findings.

UNEMPLOYMENT AS A SIGN OF INSTABILITY IN SOCIETY

2021 ◽  
pp. 5-10
Author(s):  
Р. Х. Азиева ◽  
Х. Э. Таймасханов
Keyword(s):  
Developing Countries ◽  
Labor Market ◽  
Political Stability ◽  
Developed Countries ◽  
Living Standards ◽  
Modern World ◽  
High Unemployment ◽  
Global Problem ◽  
The Past ◽  
The Impact

В современном мировом пространстве политика государств сопряжена с решением такой глобальной проблемы, как безработица. За последние три десятилетия безработица стала одной из наиболее значимых проблем не только в развивающихся, но и в развитых странах, так как безработица приводит к массовой нищете и угрожает социальной и политической стабильности. В статье представлены масштабы изменений в сфере занятости в условиях неопределенности и дана оценка влияния происходящих процессов на изменения структуры занятости. А также авторами представлены рекомендации по стабилизации рынка труда для недопущения высокого уровня безработицы и падения уровня жизни населения. In the modern world space, the policy of states is associated with the solution of such a global problem as unemployment. Over the past three decades, unemployment has become one of the most significant problems, not only in developing countries, but also in developed countries, as unemployment leads to mass poverty and threatens social and political stability. The article presents the scale of changes in the field of employment in conditions of uncertainty and assesses the impact of the processes on changes in the structure of employment. The authors also present recommendations for stabilizing the labor market to prevent high unemployment and falling living standards of the population.

scholarly journals The impact of maternal obesity on maternal and fetal outcome

2019 ◽  
Vol 9 (1) ◽  
pp. 104
Author(s):  
Esther Kamalarani A. ◽  
Ramyajothi . ◽  
Ramalakshmi S.
Keyword(s):  
Developing Countries ◽  
Adverse Effects ◽  
Maternal Obesity ◽  
Gestational Hypertension ◽  
Developed Countries ◽  
Fetal Outcome ◽  
Health Concern ◽  
The Past ◽  
Group 2 ◽  
The Impact

Background: Obesity continues to be a global health concern. Although the increasing obesity rates in developed countries has slowed down in the past 10 years, obesity rates in developing countries continue to increase, as much as three times in some developing countries over the past 30 years. The aim of the study was to determine the adverse effects of obesity in pregnancy and maternal and fetal outcome.Methods: In all patients, a detailed history was taken and examinations and investigations were carried out.  Based on BMI (body mass index), patients were divided into 2 groups. Group 1 = patients with BMI >30 kg/m2 and Group 2 = patients with BMI <30 kg /m2.Results: In our study, comparing pregnant mothers with BMI >30 kg/m2 and normal BMI, authors found that the prevalence of maternal and fetal complications was higher in the obese group. Prevalence of antenatal complications like gestational hypertension, preeclampsia, imminent eclampsia and gestational diabetes mellitus requiring control with insulin was higher in obese women.Conclusions: Obesity is associated with increased adverse effects on pregnancy and its outcome.

Is Reputation Good or Bad? An Experiment

2010 ◽  
Vol 100 (5) ◽  
pp. 2187-2204 ◽  
Author(s):  
Brit Grosskopf ◽  
Rajiv Sarin
Keyword(s):  
Laboratory Experiment ◽  
Harmful Effect ◽  
Beneficial Effects ◽  
The Past ◽  
Long Run ◽  
Short Run ◽  
Other Regarding ◽  
The Impact ◽  
Other Regarding Preferences ◽  
Do So

We investigate the impact of reputation in a laboratory experiment. We do so by varying whether the past choices of a long-run player are observable by the short-run players. Our framework allows for reputation to have either a beneficial or a harmful effect on the long-run player. We find that reputation is seldom harmful and its beneficial effects are not as strong as theory suggests. When reputational concerns are at odds with other-regarding preferences, we find the latter overwhelm the former. (JEL C91, D12, D82, D83, Z13)

scholarly journals Productivity Growth and Machinery Investment: A Long-Run Look, 1870–1980

1992 ◽  
Vol 52 (2) ◽  
pp. 307-324 ◽  
Author(s):  
J. Bradford De Long
Keyword(s):  
Economic Growth ◽  
Productivity Growth ◽  
Rapid Growth ◽  
History Of Technology ◽  
High Rate ◽  
Past Century ◽  
The Past ◽  
Long Run ◽  
History Of ◽  
Good Proxy

Over the past century in six major economies, economic growth has been strongly associated with machinery investment, as is the case for a larger group of nations since 1950. Both macroeconomic patterns and narratives of the history of technology suggest that this association is causal—that a high rate of machinery investment appears to be a necessary prerequisite for rapid long-run growth—and points away from possibilities that rapid growth is the cause of high machinery investment or that a high rate of machinery investment is a good proxy for other factors that are important causes of growth.

scholarly journals The Interaction between Stock Prices and Commodity Prices: East Europe and Central Asia Countries

2015 ◽  
Author(s):  
Mustafa Ildırar ◽  
Erhan İşcan
Keyword(s):  
Stock Prices ◽  
Sharp Increase ◽  
Commodity Prices ◽  
Panel Cointegration ◽  
Commodity Price ◽  
Developed Countries ◽  
Upward Trend ◽  
East Europe ◽  
Long Run ◽  
Panel Cointegration Test

The sharp increase in commodity prices since 2000s has important effects on many economic variables. Especially the upward trend in commodity prices had substantial effects on stock prices. The literature has continuing and growing interest to the dynamics of commodity price and their significant impact on economic and financial developments. There is growing evidence that commodity prices, stock prices moved together, and that the correlations between them have increased. Many studies investigated the interaction between stock prices and real and commodity prices and find strong interaction for developed countries. However, the effect of the commodity prices on stock markets in relatively less investigated for ECA countries. The purpose of this study is to investigate the long-run relationship between commodity prices and stock prices in ECA countries can by using a panel cointegration test.

scholarly journals Trade liberalization and trade facilitation: Two paths to one goal

2021 ◽  
Vol 12 (1) ◽  
pp. 167-183
Author(s):  
Natalia A. Vorontsova ◽  
◽  
Irina A. Klimova ◽  
Keyword(s):  
Trade Liberalization ◽  
Developing Economies ◽  
Developed Countries ◽  
Legal Regulation ◽  
Point Of View ◽  
Least Developed Countries ◽  
Trade Facilitation ◽  
Trade Relations ◽  
Long Run ◽  
The Impact

The article defines trade liberalization and trade facilitation, highlighting their characteristics, some of which are inherent to both processes, while others differ. The authors analyze the impact of transborder production in a number of South-East Asian states on the development of their economies, as well as the role of trade facilitation in these processes. The article dwells on the economic impact of trade liberalization and facilitation, their synergistic interaction and peculiarities from the point of view of legal regulation. The authors come to the conclusion that trade liberalization and facilitation generally aim to achieve a common goal of promoting world trade, which in the long run will help to address one of the global problems — an immense wealth gap between developed and least developed countries. To achieve this goal, both liberalization and trade facilitation use their own tools, a set of practical measures enshrined in international legal instruments. At the same time, implementation of these measures often involves major risks, especially for developing economies. As a result, a strategy for implementing trade liberalization and facilitation measures needs to be developed, which would define the sequence of steps for each state individually and would take into account all the potential difficulties that a state may have while opening up the market. It is also necessary to create and improve the relevant regulatory and institutional framework for trade relations and implementation of reforms.

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