Annual GDP growth rate and GDP per capita in Latin America and the Caribbean

2020 ◽  
Keyword(s):  
Growth Rate ◽  
Latin America ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
Gdp Growth Rate ◽  
The Caribbean ◽  
Per Capita

scholarly journals Do Military Expenditure and Conflict Affect Economic Growth in Sri Lanka? Evidence from the ARDL Bounds Test Approach

2016 ◽  
Vol 8 (3) ◽  
pp. 1
Author(s):  
Abdul Rasheed Sithy Jesmy ◽  
Mohd Zaini Abd Karim ◽  
Shri Dewi Applanaidu
Keyword(s):  
Growth Rate ◽  
Civil War ◽  
Sri Lanka ◽  
Military Expenditure ◽  
Gdp Growth ◽  
Per Capita Gdp ◽  
Long Run ◽  
Gdp Growth Rate ◽  
Per Capita ◽  
Bounds Test

Conflicts in the form of civil war, ethnic tensions and political discord are of enduring concern and a major bottleneck to economic development in Sri Lanka. Three decades of civil war and unethical political culture have caused severe economic problems for the country, including slower rate of growth and a huge defence expenditure. The aim of this study is to examine the effect of military expenditure and conflict on per capita GDP growth rate in Sri Lanka from 1973 to 2014 using the Solow growth model and ARDL bounds test approach. The results of the bounds test are highly significant and lead to cointegration. The negative and significant coefficients of the error correction term illustrate the expected convergence process in the long-run dynamic of per capita GDP. The estimated empirical results show that, the coefficients of military expenditure and conflict are negative and statistically significant in the short-run as well as in the long-run in determining per capita GDP growth rate in Sri Lanka. Hence, it is critically important to take necessary action to decrease military expenditure and provide an efficient political solution to the problem of minorities, specifically in the post-war period.

scholarly journals The influence of demographic factors on the economic development of the Azerbaijan: the interconnection problem

2020 ◽  
Vol 10 (2) ◽  
Author(s):  
Saleh Nagiyev
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Economic Development ◽  
18Th Century ◽  
Demographic Factors ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
World Population ◽  
Per Capita ◽  
The Impact

Demographic factors have sometimes occupied center-stage in the discussion of the sources of economic growth. In the 18th century, Thomas Malthus made the pessimistic forecast that GDP growth per capita would fall due to a continued rapid increase in world population. There is a straightforward accounting relationship when identifying the sources of economic growth: Growth Rate of GDP = Growth Rate of Population + Growth Rate of GDP per capita, where GDP per capita is simply GDP divided by population. This article examines the interconnection between economic development and the demographic policy of Azerbaijan. The article analyzes various approaches of the impact of demographic factors on the economic development of a country. The following demographic factors have been identified and described as significant for the economic development: fertility dynamics, mortality dynamics, population size and gender and age structure.

Comparison of Socio Economic Development of Tarai and Nepal

2020 ◽  
Vol 3 (1) ◽  
pp. 67-76
Author(s):  
Dipak Duvey
Keyword(s):  
Growth Rate ◽  
Economic Development ◽  
Capita Income ◽  
Gdp Growth ◽  
Socioeconomic Indicators ◽  
Per Capita Income ◽  
Literacy Rate ◽  
Gdp Growth Rate ◽  
Socio Economic Development ◽  
Per Capita

The comparison of socio economic development of Tarai and Nepal is the comparison of development of total Nepal with its southern part Tarai. Socio economically southern belt of Nepal, Tarai is leading whole Nepal in development. There are not any significant impacts of conflicts of Tarai in one and half decade, in socio economic development of rural development of Tarai. The comparative study has selected timeline of 2004, 2011 and 2019 to collect and analyze the socioeconomic indicators based on data of Central Bureau of Statistics (CBS Data). It is the study of literacy rate, access to electricity, GDP Growth rate and Per capita income of Nepal and Tarai region in different point of time of conflicts and resiliencies. The literacy rate was 55%, 65%, and72% in Tarai and 49%, 60% and 69% in Nepal; access to electricity were 40%, 78% and 95% in Tarai and 37%, 65% and 96% in Nepal. Similarly, Gross Domestic Product (GDP) Growth rate was 5%, 5% and 7.2% in Tarai and 4.7 %, 3.4%, and 7.1% in Nepal; Per capita income in USD was 300, 629 and 1100 in Tarai and 286, 610, and 1034 in Nepal from 2004, 2011, and 2019respectively. Therefore, Tarai is leading Nepal in socio economic development.

scholarly journals THE INFLUENCE OF SPRAWL DEVELOPMENT, INCOME, AND INFRASTRUCTURE ON ENERGY CONSUMPTION IN CENTRAL JAVA PROVINCE, INDONESIA

2018 ◽  
Vol 5 (2) ◽  
pp. 189
Author(s):  
Imam Buchori ◽  
Angrenggani Pramitasari ◽  
Agung Sugiri ◽  
Anang Wahyu Sejati ◽  
Maryono Maryono ◽  
...  
Keyword(s):  
Energy Consumption ◽  
Multiple Regression Model ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
Road Density ◽  
Central Java ◽  
Gdp Growth Rate ◽  
Per Capita ◽  
Central Java Province ◽  
Relevant Factors

Energy consumption is influenced by many factors. Sprawl development is often alleged as one of its driving factors. Other factors like the increase of community welfare and the improvement of regional infrastructures are often indicated to trigger energy consumption. This study is aimed at investigating the influence of sprawl development and other relevant factors on the energy consumption in Central Java Province, Indonesia. Other variables denoted to influence energy consumption used in this study are road density, people’s income represented by local Gross Domestic Product (GDP) per capita, and GDP growth rate. The observed energy is limited on vehicle fuels. After investigating the significance of correlations among variables, a multiple regression model is employed. By eliminating GDP per capita because of its multicollinearity with other dependent variables, the developed formula shows that fuel consumption is generated by 47.842 of sprawling index, added by 17.216 of road ratio and 17.5 of GDP growth rata, and reduced by a constant of 26.180. These measurements are expected to be useful for urban and regional managers in developing their region, especially in estimating the fuels’ consumption considering the determined regional policies.

scholarly journals Examining the Relationship of Corruption with Economic Growth, Poverty and Gender Inequality Albanian Case

2014 ◽  
Vol 1 (1) ◽  
pp. 192
Author(s):  
Jonada Tafa
Keyword(s):  
Growth Rate ◽  
Labor Force ◽  
Labor Force Participation ◽  
Unemployment Rate ◽  
Participation Rate ◽  
Labor Force Participation Rate ◽  
Gdp Growth ◽  
Government Performance ◽  
Gdp Growth Rate ◽  
Per Capita

This thesis examines the relationship of corruption with economic growth, poverty and gender inequality in Albania. Albania is a developing country with a GDP growth rate of 1.6% (World Bank, 2012) and income inequality is a serious problem that government has to deal with. Regarding gender discrimination a lot of progress is made. The current government counts six female ministers in its body. Corruption in Albania is a widespread phenomenon and is found almost in every sector of life. TI CPI index ranks Albania in the 116 place out of 177 countries observed. To study this relationship a multiple regression analysis is conducted. Data for this analysis correspond to years 2000 to 2012 and is accessed from World Bank database. in this analysis CC from World Bank is the dependent variable, while FDI, GDP growth rate, GNI per Capita, Unemployment Rate, Proportion of Women in Parliamentary Positions and Women's share in Labor Force Participation Rate are the explanatory variables. The first two variables are used as indicators of economic growth. GNI per capita and Unemployment rate account for poverty, while the last two variables account for gender inequality. The results have shown that when the level of FDIs in Albania is increased government performance in control of corruption is improved. From the analysis it is understood that a decrease in unemployment rate would increase government performance in control of corruption. The results of the analysis showed that when unemployment rate increase, CC decreases. Regarding the link of corruption with GDP growth rate and GNI per capita, an inverse relationship is observed. With an increase in either GDP growth rate or GNI per capita, CC will decrease. Even the relationship with number of women in parliament and their share in labor force participation rate with corruption resulted to be negative. An increase in either proportion of women in parliamentary positions or share of them in labor force participation rate has shown to worsen government performance in control of corruption.

scholarly journals Does Monetary Union Membership Affect Convergence in the European Union?

2021 ◽  
Vol 12 (2) ◽  
pp. 135-157
Author(s):  
Dzenita Siljak ◽  
Sándor Gyula Nagy
Keyword(s):  
Growth Rate ◽  
European Union ◽  
Ordinary Least Squares ◽  
Gdp Growth ◽  
The European Union ◽  
Per Capita Gdp ◽  
Crisis Period ◽  
Positive Effects ◽  
Gdp Growth Rate ◽  
Per Capita

Abstract The objective of the article is to investigate the effects of the stage of integration on convergence in the European Union. The relationships between the selected macro-economic variables and per capita GDP growth rate are econometrically tested for the period 2004–2018 and three sub-periods: the pre-crisis period 2004–2008, the crisis period 2009–2013, and the post-crisis period 2014–2018. Convergence is estimated using ordinary least squares (OLS) semi-log regression based on cross-sectional data. The findings show that convergence rates range between 1.9 percent and 4.8 percent. The positive effects of deeper integration are identified, as well as the negative effects of the 2008/2009 crisis. The empirical results suggest that the selected variables have an impact on the per capita GDP growth rate in at least one analyzed period.

BUSINESS REGULATION AND ECONOMIC GROWTH: THE INDIRECT EFFECT OF CORRUPTION IN LATIN AMERICA AND THE CARIBBEAN

2018 ◽  
Vol 23 (01) ◽  
pp. 1850003 ◽  
Author(s):  
YAKIRA FERNÁNDEZ-TORRES ◽  
MILAGROS GUTIÉRREZ-FERNÁNDEZ ◽  
JULIÁN RAMAJO-HERNÁNDEZ
Keyword(s):  
Economic Growth ◽  
Latin America ◽  
Private Sector ◽  
Indirect Effect ◽  
Gdp Per Capita ◽  
Business Regulation ◽  
The Caribbean ◽  
Per Capita ◽  
Control Of Corruption ◽  
Starting A Business

This paper explores how corruption indirectly affects economic growth through business regulation in Latin America and the Caribbean, a relationship that has scarcely been addressed in the literature. Although regulation of the private sector explains GDP per capita, the effect is conditioned by the level of corruption. When the control of corruption is greater, there is an increase in the extent to which bureaucracy when starting a business and trading across borders negatively affects GDP per capita in Latin America and the Caribbean. This finding corroborates the “greasing the wheels” hypothesis.

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