scholarly journals The Impact of Industrialization on The Regional Economic Development and Community Welfare

2017 ◽  
Vol 6 (2) ◽  
pp. 231-246
Author(s):  
Sutikno Sutikno ◽  
Muhammad Sri Wahyudi Suliswanto
Keyword(s):  
Economic Growth ◽  
Monte Carlo Simulation ◽  
Economic Development ◽  
Regression Analysis ◽  
Regional Economic Development ◽  
Research Setting ◽  
Regional Economic ◽  
Confirmatory Factor ◽  
Simulation Results ◽  
The Impact

This study was aimed to determine the impact of industrialization on the regional economic development. Gresik regency was chosen as the research setting for it is one of largest industrial areas in East Java. The analysis instruments used were: First, the regression analysis, to determine the impact of industrialization on economic growth, unemployment, and poverty. Second, Confirmatory Factor Analysis (CFA), it was used to investigate the impact of industrialization on the community welfare. Third, Monte Carlo simulation that used to formulate a recommendation. The result showed that the industrialization in Gresik still has not been able to give extensive significant impact for the community in Gresik regency and its existence can only be enjoyed by nearby residents. Based on the simulation results, showed that the strong commitment between Gresik local government and the industry in order to address the problem of unemployment is very necessary due to its’ greatest impact.DOI: 10.15408/sjie.v6i2.5334

Should Attitudinal Views toward Innovation Development Play a Role in Policy in Peripheral EU Regions?: New Evidence from Vouchers Program in Northern Ireland

2018 ◽  
Vol 6 (2) ◽  
pp. 121-137
Author(s):  
Sean M. McDonald ◽  
Remi C. Claire ◽  
Alastair H. McPherson
Keyword(s):  
Economic Development ◽  
Northern Ireland ◽  
Policy Design ◽  
Regional Economic Development ◽  
Innovation Development ◽  
Regional Economic ◽  
Eu Regions ◽  
Future Policy ◽  
The Impact ◽  
New Evidence

The impact and effectiveness of policies to support collaboration for Research & Development (R&D) and Innovation is critical to determining the success of regional economic development. (O’Kane, 2008) The purpose of this paper is to evaluate the level of success of the Innovation Vouchers Program operated by Invest Northern Ireland (Invest NI) from 2009 to 2013 and address if attitudinal views towards innovation development should play in a role in future policy design in peripheral EU regions. 

scholarly journals The Impact of Economic Specialization on Regional Economic Development in the European Union: Insights for Formation of Smart Specialization Strategy

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 76
Author(s):  
Giedrė Dzemydaitė
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Regional Economic Development ◽  
The European Union ◽  
Location Quotient ◽  
Regional Economic ◽  
Clear Cut ◽  
Smart Specialization ◽  
Economic Specialization ◽  
The Impact

The smart specialization concept was implemented in the EU in 2014, stating that regions have to specify specialization areas for development of innovations. Economic specialization reveals a comparative advantage in that field. However, there are different arguments linking specialization to economic development. This study analyzes these arguments and aims to investigate the impact of economic specialization on regional economic development and to give insights into identifying prospective areas in regional economies. A panel fixed effect estimation of industry-level regional data suggests that economic specialization in broader regional employment, called relative specialization, is ambiguously associated with economic development. Our findings suggest that neither economic specialization nor economic diversity are a clear-cut solution for ensuring economic growth. Economic structure in EU regions differs, and there is no one answer for which approach is better for economic development. Specialization measures, particularly the location quotient, cannot fully capture the dynamics in the industry structure that could be essential for formation of regional development strategy.

scholarly journals PENENTUAN SEKTOR UNGGULAN PEREKONOMIAN WILAYAH KABUPATEN BONE BOLANGO DENGAN PENDEKATAN SEKTOR PEMBENTUK PDRB

ETIKONOMI ◽  
2012 ◽  
Vol 11 (2) ◽  
Author(s):  
Fitri Amalia
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Population Growth ◽  
Regional Economic Development ◽  
Location Quotient ◽  
Main Condition ◽  
Regional Economic ◽  
Economic Needs

Economic growth and its process are the main condition for the sustainability of the regional economic development. Because of the continuing population growth means economic needs also increase so that additional revenue required each year. This research is focused to determine the regional leading sector of Bone Bolango as the information and considerations in planning economic development. Location Quotient (LQ) and Shift Share are tools of analysis. Location Quotient analysis indicates agriculture, manufacture, finance, leasing and corporate services are base sectors in the Bone Bolango district. Shift Share analysis indicates that the competitive sectors are finance, leasing and corporate services. The results was indicate that the leading sector with the criteria developed, base, and competitive is finance and services sectorDOI: 10.15408/etk.v11i2.1893

Linkage Between Regional Accessibillity, Economic Development, and Logistic Infrastructure

2018 ◽  
pp. 719-744
Author(s):  
Ana Vulevic
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Empirical Evidence ◽  
Important Determinant ◽  
Regional Economic Development ◽  
Policy Instrument ◽  
Transport Policy ◽  
Transport Infrastructure ◽  
Regional Economic Growth ◽  
Regional Economic

This chapter reviews regional accessibility and relationship between regional accessibility, the logistic infrastructure and regional economic development. The purpose of this chapter is to emphasize the complexity and causality of this relationship. Transport infrastructure is an important policy instrument to promote regional economic development. In addition, development of logistics is a very important part of the transport policy, while accessibility is an important determinant of the attractiveness of regions for logistics activities. Accessibility indicators measure the benefits households and firms in a region enjoy from the existence and use of the transport infrastructure. Economic development may determine transportation needs and lead to infrastructure improvements and accessibility. The theoretically is defined and empirical evidence that transport accessibility suggests that there is a link between the accessibility of the region and its competitiveness and, therefore, regional economic growth.

scholarly journals The Management of Urban Development for the Regional Economic Growth: the Example of Kazakhstan

2020 ◽  
Vol 16 ◽  
pp. 1285-1301
Author(s):  
Svetlana O. Mukhametzhan ◽  
Gulsara A. Junusbekova ◽  
Marat Ye. Daueshov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Urban Development ◽  
Urban Policy ◽  
Holistic Approach ◽  
Regional Economic Growth ◽  
Urban Management ◽  
Regional Economic ◽  
Empirical Estimates ◽  
The Impact

Considering the increasing imbalance in the economic development of urbanised territories of Kazakhstan, examining the impact of urbanisation on the economic growth of cities to ensure their innovative development is necessary. This study analyses trends and problems of the impact of urbanisation on urban development on the example of Kazakhstan. The article focuses on urban development and related processes that will open new opportunities for Kazakhstan to accelerate economic growth and improve living standards. The works of local researchers do not show the relationship between the levels of urban and economic development in different regions of the country and the impact of urbanisation on this process. To supplement previous studies, we used statistical and comparative analysis methods. Moreover, we compared the current state of urban development in Kazakhstan with the situation in other countries. The obtained empirical estimates confirm the correlation between the level of urbanisation of a country and its economic growth. Without a holistic approach to urban management, it is difficult to establish the directions, principles and development strategies for Kazakhstan’s cities and megacities to follow. Thus, we identified the main directions for economic growth of urbanised territories of Kazakhstan: proper control and management of urbanisation, flexible management, development of appropriate policies for different regions of the country, use of best practices in developing urban strategies. We recommend considering the analysis of urban management in the broader context, and not only as a task of implementing regional economic growth. For that purpose, it is necessary to create an integrated multi-level management system that provides feedback and preventive management, classifying the consequences of urban policy in the regions and the effects of achieving the country’s strategic development goals. Therefore, the Kazakh government should at least review its functions and responsibilities and look for solutions to achieve a tangible synergistic effect.

scholarly journals The Impact of ICT and FDI as Drivers to Economic Growth In ASEAN-8 Countries: A Panel Regression Analysis

2021 ◽  
Vol 9 ◽  
pp. 91-98
Author(s):  
Noraina Mazuin Sapuan ◽  
Mohammad Rahmdzey Roly
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regression Analysis ◽  
Panel Regression ◽  
Information And Communication ◽  
Asean Countries ◽  
Using Data ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect

Over the last few years, information and communication technology (ICT) has become a key catalyst for economic growth. The durability of this technology is demonstrated by the rapid proliferation of the Internet, mobile phones and cellular networks across the globe. However, among economic scholars, the question of exactly how the spread of ICT affects economic development and FDI, especially in ASEAN countries with differences in levels of income, remains unanswered. The aim of this study was essentially to explore the relationship between ICT dissemination, FDI and economic growth in ASEAN-8 countries. By using data from 2003 to 2017, the panel regression analysis was used to evaluate these relationships. The results showed that the dissemination of ICT and FDI are important and they have a positive effect on the ASEAN-8 countries’ economic development.

Scientific and Innovative Aspects of Regional Economic Development

2020 ◽  
pp. 146-156
Author(s):  
E. O. Butova
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Economic Development ◽  
National Policy ◽  
Regional Economic Development ◽  
Innovative Activity ◽  
Regional Economic Growth ◽  
Innovative Development ◽  
Regional Economic ◽  
Scientific Potential

Innovation-driven development of the Russian economy requires a consistent national policy aimed at boosting scientific and innovative activity in the regions, which would facilitate the development of entrepreneurship and technology. It also plays an important role in ensuring the socio-economic progress of the regions and efficiency of income distribution.Aim. The presented study aims to examine the potential directions for optimizing scientific and innovative activity in regional socio-economic development and to identify factors that facilitate the intensification of innovative activity in the regions.Tasks. The authors conduct a correlation analysis between scientific and economic development of the regions with allowance for such factors as the level of education of the population and the number of researchers engaged in research and development (R&D). They also assess the current state of scientific and innovative activity and the national policy on the formation of the scientific and innovative potential of the regions.Methods. The methodological basis of the study of the scientific and innovative aspects of regional economic development includes correlation-regression analysis and abstract logical methods.Results. This study substantiates the role of scientific and innovative activity in regional economic development; determines a positive correlation between regional economic growth and the number of researchers; establishes an inverse correlation between scientific and economic development based on the dependence of innovative activity in the regions on the accumulated scientific potential; empirically assesses the impact of innovative factors on regional economic growth and proposes directions for improving the efficiency of the regional system of science and innovation.Conclusions. Concentrations of knowledge are analyzed as agglomerations of expenses on research and development, science and technology. This leads to an increase in the number of scientists, engineers, scientific and technological personnel of innovative enterprises in various Russian regions. A correlation analysis between scientific and economic regional development shows that per-capita GRP growth rate by the number of researchers is statistically significant, which means there are several factors affecting this dependence: geographical accessibility of higher education, university expenses on infrastructure and services, job creation, additional revenue from students from other countries and regions. It is established that efficient regional higher education systems and innovative development have a positive effect on regional economic development. The conducted analysis shows that a policy on the innovative development of resource regions should be based on government support that would facilitate the creation of innovations and strengthening of scientific potential.

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