scholarly journals The Influence Of Small Micro Industries On Economic Growth

JEJAK ◽  
2019 ◽  
Vol 12 (2) ◽  
pp. 318-326
Author(s):  
Rohadin Rohadin ◽  
Yanah Yanah
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Financial Institutions ◽  
Time Series Data ◽  
Series Data ◽  
Growth Data ◽  
Capital Access ◽  
The Government ◽  
Analyze Data

The purpose of this study to determine whether SMEs have a role to economic growth and how big the role of SMEs to economic growth in Indonesia. Types of data used are time series data i.e SMEs data and Economic growth data from year 2003 until 2018 in Indonesia.Tool of analyze data used in this research is multiple linear regression. The result of analysis shows that the influence between of SMEs on economic growth in Indonesia is only 12,5%, it means that Small Micro Entreprises do not have a significant influence on economic growth in Indonesia, government to accelerate the development of SMEs in Indonesia in order to contribute to economic growth as in the economic crisis that occurred in 1998 SMEs are able to survive when many large companies are bankrupt. This may be caused by SMEs owners and workers in SMEs do not pay taxes to the government so that not much contribute to the economic growth of the Indonesia. In order for SMEs to contribute to economic growth, must export their products to other countries and support from the government is needed to facilitate SMEs in obtaining capital access from financial institutions.

Resource–Economic Growth Nexus, Role of Governance, Financial Development, Globalisation and War: Dynamic Approach

2019 ◽  
Author(s):  
Sorush Niknamian
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Financial Development ◽  
Time Series Data ◽  
Good Governance ◽  
Series Data ◽  
Negative Effect ◽  
The Government ◽  
Rich Countries

This study reassesses the resource–economic growth nexus by incorporating several channels. Advanced panel time series techniques are used to analyse panel time series data from 1980 to 2015 in 31 oil-rich countries. Results show that oil rent augments economic growth; thus, oil rent is conducive rather than impediment for economic growth. The role of governance in economic growth is significant in the selected countries. Oil rent exerts a positive significant impact on economic growth in countries with good governance compare to countries with poor governance. Financial development is an unimportant channel in the resource–growth nexus because FD is often unable to mobilise oil rent from the government to the private sector in oil-rich countries. Globalisation is advantageous for countries and promote economic growth. Moreover, war exerts a significant negative effect on growth in the long term.

scholarly journals Resource–Economic Growth Nexus, Role of Governance, Financial Development, Globalisation and War: Dynamic Approach

2019 ◽  
Author(s):  
Sorush Niknamian
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Financial Development ◽  
Time Series Data ◽  
Good Governance ◽  
Series Data ◽  
Negative Effect ◽  
The Government ◽  
Rich Countries

This study reassesses the resource–economic growth nexus by incorporating several channels. Advanced panel time series techniques are used to analyse panel time series data from 1980 to 2015 in 31 oil-rich countries. Results show that oil rent augments economic growth; thus, oil rent is conducive rather than impediment for economic growth. The role of governance in economic growth is significant in the selected countries. Oil rent exerts a positive significant impact on economic growth in countries with good governance compare to countries with poor governance. Financial development is an unimportant channel in the resource–growth nexus because FD is often unable to mobilise oil rent from the government to the private sector in oil-rich countries. Globalisation is advantageous for countries and promote economic growth. Moreover, war exerts a significant negative effect on growth in the long term.

scholarly journals Non-bank financial institutions and economic growth: Evidence from Africa’s three largest economies

2017 ◽  
Vol 20 (1) ◽  
Author(s):  
Ronald Rateiwa ◽  
Meshach J. Aziakpono
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Financial Institutions ◽  
Time Series Data ◽  
Bank Lending ◽  
Series Data ◽  
The Sustainable Development ◽  
Long Run ◽  
The Relationship

Background: In order for the post-2015 world development agenda – termed the sustainable development goals (SDGs) – to succeed, there is a pronounced need to ensure that available resources are used more effectively and additional financing is accessed from the private sector. Given that traditional bank lending has slowed down, the development of non-bank financing has become imperative. To this end, this article intends to empirically test the role of non-bank financial institutions (NBFIs) in stimulating economic growth.Aim: The aim of this article is to empirically test the existence of a long-run equilibrium relationship between economic growth and the development of NBFIs, and the causality thereof.Setting: The empirical assessment uses time-series data from Africa’s three largest economies, namely, Egypt, Nigeria and South Africa, over the period 1971–2013.Methods: This article uses the Johansen cointegration and vector error correction model within a country-specific setting.Results: The results showed that the long-run relationship between NBFI development and economic growth is relatively stronger in Egypt and South Africa, than in Nigeria. Evidence in respect of Nigeria shows that such a relationship is weak. The nature of the relationship between NBFI development and economic growth in Egypt is positive and significant, and predominantly bidirectional. This suggests that a virtuous relationship between NBFIs and economic growth exists in Egypt. In South Africa, the relationship is positive and significant and predominantly runs from NBFI development to economic growth, implying a supply-leading phenomenon. In Nigeria, the results are weak and mixed.Conclusion: The study concludes that in countries with more developed financial systems, the role of NBFIs and their importance to the economic growth process are more pronounced. Thus, there is need for developing policies targeted at developing the NBFI sector, given their potential to contribute to economic growth.

scholarly journals PENGARUH KUNJUNGAN WISATAWAN DAN RATA-RATA PENGELUARAN WISATAWAN TERHADAP PAD DAN PERTUMBUHAN EKONOMI PROVINSI BALI

2021 ◽  
pp. 511
Author(s):  
I Gede Dea Joendra Septyana Putra ◽  
Ni Luh Karmini ◽  
I Wayan Wenagama
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Data ◽  
Secondary Data ◽  
Data Sources ◽  
Series Data ◽  
Local Revenue ◽  
Analysis Technique ◽  
Secondary Data Sources

This study aims to analyze the effect of the number of tourist visits and the average tourist expenditure on the local income of Bali Province, to analyze the effect of the number of tourist visits, average tourist expenditure, and local income on the economic growth of Bali Province, and to analyze the role of income. native areas in mediating the effect of the number of tourist visits and the average tourist expenditure on the economic growth of Bali Province. The data used in this research is secondary data, with the method of observation by observing documents or secondary data sources that are related. This study uses time series data with a total of 30 years of observations from 1990-2019, with the analysis technique used is Path Analysis. This study shows the results that the number of tourist visits and the average tourist expenditure have a positive and significant effect on local income in Bali Province. The number of tourist visits, the average tourist expenditure and local revenue have a positive and significant effect on economic growth in Bali Province. Own-source revenue mediates the effect of the number of tourist visits and the average tourist expenditure on economic growth in Bali Province.

scholarly journals GLOBALISASI EKONOMI DAN PENGANGGURAN: STUDI KASUS INDONESIA

2021 ◽  
Vol 10 (3) ◽  
pp. 263
Author(s):  
Ari Setyawan ◽  
I Wayan Suparta ◽  
Neli Aida
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Unemployment Rate ◽  
Time Series Data ◽  
Economic Globalization ◽  
Series Data ◽  
Real Wages ◽  
Short Term ◽  
The Government

ABSTRACTThis study aims to examine the effect of economic globalization on the unemployment rate in Indonesia and the relationship of other macroeconomic variables such as economic growth, inflation rate, and real wage with unemployment. The data used is in the form of annual time series data from 1986 to 2018, whose research results are analyzed using the ARDL method. This study concludes that economic globalization can reduce the unemployment rate in Indonesia in the short term, although in the long term, it increases the unemployment rate. Economic growth and inflation in the short and long term have not been able to reduce the current unemployment rate, while the increase in real wages has reduced the unemployment rate in the short term, although not in the long term. By looking at these results, we need to be wary of economic globalization because economic globalization has a destructive impact in the long term. So that concrete and consistent efforts are needed from the government, the private sector, and other stakeholders so that Indonesia gets the maximum benefit from economic globalization, especially in job creation and reducing unemployment.JEL : B22, E22.Keywords : unemployment, economic globalization, economic growth, inflation, real wages. ABSTRAKPenelitian ini bertujuan melihat pengaruh tingkat globalisasi ekonomi terhadap tingkat pengangguran di Indonesia serta hubungan variabel makroekonomi lain seperti tingkat pertumbuhan ekonomi, tingkat inflasi dan tingkat upah riil dengan tingkat pengangguran. Data yang dipergunakan berupa data time series tahunan dari periode 1986 hingga 2018 yang hasil penelitiannya dianalisis menggunakan metode ARDL. Kesimpulan penelitian ini yaitu globalisasi ekonomi mampu mengurangi tingkat pengangguran di Indonesia dalam jangka pendek meskipun dalam jangka panjang malah meningkatkan tingkat pengangguran. Pertumbuhan ekonomi dan inflasi baik dalam jangka pendek dan jangka panjangnya belum mampu menurunkan tingkat pengangguran yang ada sedangkan naiknya upah riil mampu menurunkan tingkat pengangguran dalam jangka pendek meskipun tidak dalam jangka panjang. Dengan melihat hasil ini, kita perlu waspada terhadap globalisasi ekonomi karena globalisasi ekonomi ini memiliki dampak buruk dalam jangka panjang sehingga dibutuhkan upaya kongkrit dan konsisten baik dari pemerintah, swasta maupun para stakeholder lain agar Indonesia memperoleh manfaat yang sebesar-besarnya dari globalisasi ekonomi khusunya dalam upaya penciptaan lapangan kerja dan mengurangi pengangguran.

scholarly journals DISPARITAS PEMBANGUNAN DAN FAKTOR-FAKTOR YANG MEMPENGARUHINYA (STUDI KASUS DI DAERAH SUMBAGSEL)

2007 ◽  
Vol 1 (1) ◽  
pp. 21
Author(s):  
Daryono Soebagiyo
Keyword(s):  
Time Series ◽  
Regional Development ◽  
Correlation Coefficient ◽  
Time Series Data ◽  
Influence Factors ◽  
Series Data ◽  
Government Revenue ◽  
The Government

This is well illustrated by recent research into inter-regional development growth disparities. Some researchers have followed the Neoclassical route, emphasizing the role of the Williamson Index, and then can be expressed relationship in general form that in regression and correlation coefficient analysis involving time series data. The objectives of this research was to preview the classification development of disparities and influence factors in the late five years during 1992-1996, case study in SUMBAGSEL. The Analysis can be calculated to measure the government revenue, income regional and contributed tax sectors.

scholarly journals Financial Structure, Misery Index, and Economic Growth: Time Series Empirics from Pakistan

2019 ◽  
Vol 12 (2) ◽  
pp. 100 ◽  
Author(s):  
Nianyong Wang ◽  
Muhammad Haroon Shah ◽  
Kishwar Ali ◽  
Shah Abbas ◽  
Sami Ullah
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Data ◽  
Trade Openness ◽  
Financial Structure ◽  
Series Data ◽  
Growth Time ◽  
Misery Index ◽  
The Government ◽  
The Impact

This study empirically analyzes the impact of the financial structure and misery index on economic growth in Pakistan. We adopted Autoregressive-Distributed Lag (ARDL) for a co-integration approach to the data analysis and used time series data from 1989 to 2017. We used GDP as the dependent variable; the Financial Development index (FDI) and misery index as the explanatory variables; and remittances, real interest, and trade openness as the control variables. The empirical results indicate the existence of a long-term relationship among the included variables in the model and the FD index, misery index, interest rate, trade openness, and remittances as the main affecting variables of GDP in the long run. The government needs appropriate reform in the financial sector and external sector in order to achieve a desirable level of economic growth in Pakistan. The misery index is constructed based on unemployment and inflation, which has a negative implication on the economic growth, and the government needs policies to reduce unemployment and inflation.

scholarly journals Impact of National Debt on Economic Growth in Tanzania: 1980-2019

2021 ◽  
pp. 85-96
Author(s):  
Lemada Lesamana Lelya ◽  
Deus D. Ngaruko
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Data ◽  
Series Data ◽  
National Bureau ◽  
Validity And Reliability ◽  
Long Run ◽  
Domestic Debt ◽  
The Government ◽  
The Impact

This paper is based on the study that examined the impact of external and domestic debt on economic growth of Tanzania over the period 1980-2019. The study’s specific objectives were; to examine trends of external and domestic debts from 1980 to 2019, to determine long run relationship between external debt stock and economic growth in Tanzania from 1980 to 2019, and to examine the long run relationship between domestic debt and economic growth in Tanzania from 1980 to 2019. The study used time series data of Tanzania collected from the Bank of Tanzania (BOT), National Bureau of Statistics (NBS) and the World Bank indicators. The study used Vector error correction model (VECM) for estimation of the time series since all the variables’ data were stationary in first difference I (1), and there was cointegration within the variables. To ensure the validity and reliability of the data; the study carried out normality test, multicollinearity, heteroscedasticity, and unit root tests. The empirical findings reveal that both   external and domestic debt significantly affects the economic growth of Tanzania.  The study recommends that the government should promote moderate levels of domestic borrowing which can be sustained as it promotes economic growth if used in productive and efficient avenues. The study further recommends that policymakers should efficiently allocate and develop constraints that will ensure the external borrowing is utilized on more productive and  development expenditures, so that the finance is a source of increase in net investment in the country.

scholarly journals Contracting Institutions, Property Rights and Economic Growth in the Post-90s Albania

2018 ◽  
Vol 14 (1) ◽  
pp. 176 ◽  
Author(s):  
Mario Curcija
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Economic Development ◽  
Property Rights ◽  
Time Series Data ◽  
Series Data ◽  
Significant Positive Effect ◽  
The Difference ◽  
Positive Effect

Economists often emphasize the role of institutions in order to explain the difference in wealth and development among different countries and in their researches they mark correlation between institution and economic development. This paper tests the validity of these models referring to Albania using time-series data from 1993 to 2015. There is evidence of significant positive effect of property rights on economic growth and credit to private sector, while there is evidenced insignificant impact of contracting institutions on economic outputs. A plausible explanation of these differences may be the different flexibility towards changes on property right institution rather than contracting institutions.

scholarly journals Financial Development, Remittances Inflows and Economic Growth in Nigeria: A Time Series Analysis

2020 ◽  
pp. 37-43
Author(s):  
Eric Olabode Olabisi ◽  
Sunday Oseiweh Ogbeide
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Financial Development ◽  
Time Series Data ◽  
Financial Institution ◽  
Series Data ◽  
Significant Variable ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
The Government

This study examines whether financial development promotes remittances inflows and Nigerian economic growth. Using a time-series data for a period of 1985-2017, the Autoregressive Distributed Lag (ARDL) technique was employed. The results suggest that financial development in Nigeria exerted no significant impact on economic growth. It is an indication that financial development is not a significant variable for promoting remittances inflows into Nigeria. However, the study concludes that remittances inflows are a substitute for promoting individual’s financial business opportunities and economic growth. The study therefore recommends that the government should strengthen the Nigeria financial institution, and also institute a financial reform initiative that can enhance financial security as well as ease of accessing remittances inflows.

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