scholarly journals On Determinants Of The Economic Growth Of European Countries During 2005–2015

2017 ◽  
Vol 20 (2) ◽  
pp. 21-33 ◽  
Author(s):  
Jiří Mazurek
Keyword(s):  
Economic Growth ◽  
Great Recession ◽  
Initial Level ◽  
Physical Capital ◽  
European Countries ◽  
Economic Factors ◽  
Foreign Direct Investments ◽  
Economic Openness ◽  
The Great Recession ◽  
Socio Economic Factors

The aim of the paper is to examine the economic growth of 32 European countries from 2005 to 2015. This period was characterized by a strong growth prior to 2009, when the Great Recession started, and lasted until 2012–2013 in the majority of examined countries. The growth between 2005 and 2015 was studied with regard to six selected socio-economic factors: initial level of the gross domestic product, economic openness, democracy index, human capital, physical capital, and foreign direct investments. The main result is that the growth was directly proportional to human and physical capital, and indirectly proportional to the initial level of GDP and the democracy index. Furthermore, cluster analysis showed that the historical division of Europe into “West” and “East” still persists to a considerable extent.

Returning to the parental home after the Great Recession: a matter of partnership dissolution or unemployment?

2019 ◽  
Author(s):  
Fernanda Mazzotta ◽  
Lavinia Parisi
Keyword(s):  
Young People ◽  
Great Recession ◽  
Living Arrangements ◽  
European Countries ◽  
Parental Home ◽  
The Great Recession ◽  
Returning Home ◽  
Two Peaks

Abstract This article provides an analysis of the return of young people to the parental home in 23 European countries. It analyses the effect of the Great Recession, considering the period between 2006 and 2014 and controlling for two key determinants of living arrangements: employment and partnership. The main finding is that the Great Recession has increased the probability of returning home: two peaks are observed in 2009 and 2011, with a percentage of returnees almost double that at the beginning of the period under consideration. Returning home seems more closely linked to partnership than to employment.

Use of socio-economic factors and healthcare resources to estimate cancer survival in European countries with partial national cancer registration

2011 ◽  
Vol 97 (3) ◽  
pp. 265-274 ◽  
Author(s):  
Roberto Lillini ◽  
Marina Vercelli ◽  
Alberto Quaglia ◽  
Andrea Micheli ◽  
Riccardo Capocaccia
Keyword(s):  
Cancer Survival ◽  
European Countries ◽  
Cancer Registration ◽  
Economic Factors ◽  
Healthcare Resources ◽  
Socio Economic Factors

scholarly journals Investigating the Relationships between Renewable Energy Consumption, Socio-Economic Factors and Health: A PVAR Analysis from MENA Net Oil Importing Countries

2021 ◽  
Vol 14 (1) ◽  
pp. 151
Author(s):  
Mohamed Kadria ◽  
Sahbi Farhani ◽  
Yosr Guirat
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Policy ◽  
Good Governance ◽  
Economic Factors ◽  
Renewable Energy Consumption ◽  
The Government ◽  
The Impact ◽  
Socio Economic Factors

In this paper, we tried to contribute to the previous literature by analyzing the relationship between renewable energy consumption, socio-economic factors and health in the presence of a stringent environmental policy and lobbying power. Using a Panel Vector Auto-Regressive (PVAR) technique, we specifically examine the role of the government effectiveness and the lobbying pressure in moderating the impact of renewable energy consumption on CO2 emissions, economic growth and health factor considering the case of Middle East and North Africa (MENA) Net Oil Importing Countries (NOICs) from 1996 to 2019. Our analysis shows that (i) environmental policy stringency and good governance will induce a rise in the level of renewable energy consumption; (ii) lobbying power and interest groups discourage the renewable energy sector’s development since the add in economic growth of these economies is not oriented towards renewable energy projects; (iii) a rise in renewable energy consumption, perhaps generated by renewable energy policies, should favor the improvement of public health. Finally, the political implications of the findings are summarized and discussed.

The Causes and Legacy of the Great Recession in Spain

2020 ◽  
pp. 115-131
Author(s):  
Sebastián Royo
Keyword(s):  
Economic Growth ◽  
Great Recession ◽  
Political System ◽  
Economic Consequences ◽  
The Political ◽  
The European Union ◽  
New Parties ◽  
Political Consequences ◽  
The Great Recession

After over two decades of prolonged economic growth, Spain suffered its worst economic crisis in decades between 2008 and 2014. The political, social, and economic consequences of this crisis were very severe: unemployment increased sharply reaching over 27 per cent; inequalities deepened; and the two-party political system was transformed by the emergence of new parties. The implementation of structural reforms, which intensified as a result of the European Union financial sector bailout of 2012, led to economic recovery. As a result, credit was restored, strong economic growth resumed, and the political system did not implode. Yet, persistently high unemployment (particularly as regards youth and long-term) as well as inequality (and to a certain extent poverty) still persist a decade after the crisis. This chapter looks at the genesis of the crisis and examines the responses to the crisis, as well as its economic, social, and political consequences.

scholarly journals Major Crises of the XXIst Century and Impact on Economic Growth

2020 ◽  
Vol 12 (22) ◽  
pp. 9373 ◽  
Author(s):  
Iulia Cristina Iuga ◽  
Anastasia Mihalciuc
Keyword(s):  
Economic Growth ◽  
Great Recession ◽  
Central And Eastern Europe ◽  
Independent Variables ◽  
The Great Recession ◽  
Several Variables ◽  
Macroeconomic Indicators ◽  
Xxist Century ◽  
Global Economic Growth ◽  
Growth Indicator

Global economic growth is noted to have been severely affected by the Great Recession in 2009, reaching its lowest level since the series began in 2019. This low was exceeded in 2020, in the sense that the level of economic growth in Q1 and Q2 2020 is well below 2009 due to countries’ efforts to stop the COVID-19 pandemic. Cases of coronavirus that have occurred since February–March 2020 have started to produce significant effects on economic growth, and the evolution of the economic growth indicator is in decline for the countries analysed. The article is aiming to develop two models (using Empirical Regression Model) that analyse the influence of macroeconomic indicators on economic growth. Our study covers EU member countries in Central and Eastern Europe from 2001–2020 Q2. Using the same variables and coefficients for both models, six for the first model and seven for the second model with the addition of coronavirus cases, we see a change in the behaviour of independent variables. The authors consider that this variable influences the economic situation in a country because it has caused the change in the unfavourable direction of certain macroeconomic indicators with a direct influence on economic growth. By adding cases of coronavirus (Cc) the equation becomes broader and contains several variables that explain the evolution of economic growth. Each of the indicators changes its value, but it is noted that variables with negative coefficients decrease further (e.g., Cs, GvS). Our findings in this article confirm that of all the determinants analysed, CsGw, Ret, GvS, and Cc overwhelmingly influence economic growth.

scholarly journals The Well-Being Gap during the Great Recession: The Role of Growth and Institutions

2020 ◽  
Vol 12 (2) ◽  
pp. 24
Author(s):  
Marco Ciziceno ◽  
Pietro Pizzuto
Keyword(s):  
Low Income ◽  
Great Recession ◽  
Potential Role ◽  
Well Being ◽  
European Countries ◽  
Economic Downturn ◽  
Subjective Well Being ◽  
Negative Effects ◽  
The Great Recession

The purpose of this paper is to examine the well-being dynamics across European countries during the Great Recession and to investigate the potential role of the quality of formal institutions in mitigating the negative effect of the economic downturn. This study uses the club convergence methodology by Phillips and Sul (2007; 2009) to group EU-28 countries that present similar features in terms of well-being during the period 2005-2017. The study also applies probit models to investigate the potential role of several social and institutional characteristics that are supposed to affect subjective well-being levels. The results show the existence of a “well-being gap” among European countries. The economic downturn started in 2008 has impacted the perceived well-being more in low-income and low-growth countries (less developed transition and Southern countries), than in high-income and more developed transition countries. The study also shows that countries that present well-functioning institutional systems and, more in general, good institutional performances show higher life satisfaction levels and tend to be more resilient to the negative effects generated by the economic shock.

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