scholarly journals Study of fiscal decentralization, macroeconomic stability and regional growth in Indonesia

2021 ◽  
Vol 9 (3) ◽  
pp. 209-220
Author(s):  
Joko Tri Haryanto ◽  
Rita Helbra Tenrini
Keyword(s):  
Economic Growth ◽  
Fiscal Decentralization ◽  
Regional Growth ◽  
Control Variable ◽  
Population Variable ◽  
Per Capita ◽  
Using Data ◽  
The Relationship ◽  
Treat Population ◽  
Macroeconomic Stability

Indonesia has been implementing fiscal decentralization since 2001. In theory, fiscal decentralization affected macroeconomic stability and economic growth—this study using data panels at the provincial level from 2010 to 2013. In the relationship between fiscal decentralization and macroeconomic stability with control variable income, significant variables are income to GRDP, GRDP per capita, and population. If control variable expenditure, significant variables are expenditure to GRDP, GRDP per capita, and population. In the model that analyzes fiscal decentralization and economic growth with control variable income, significant variables are income to GRDP, consumption to GRDP, and population. Meanwhile, if control variable expenditure, significant variables are expenditure to GRDP, consumption to GRDP, and population. By using sensitivity analysis, the population variable is a high priority. Therefore stakeholders should treat population variables carefully.

An Econometric Analysis of the Links Between Income Inequality and Economic Growth

2009 ◽  
pp. 130
Author(s):  
Yohannes G. Hailu ◽  
Tesfa G. Gebremedhin ◽  
Randall W. Jackson
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Empirical Evidence ◽  
Growth Model ◽  
Capita Income ◽  
Regional Growth ◽  
County Level ◽  
Income Inequalities ◽  
Per Capita ◽  
The Relationship

This study investigates temporal demographic changes and income inequalities, and more importantly the relationship between income inequality and economic growth inWest Virginia. Departing from earlier studies, a regional growth model is utilized and empirically tested using county level West Virginia data (1990-2000). Results suggest that per-capita income change is positively related to population and employment changes but negatively related to income inequality. This empirical evidence indicates that higher income inequality can potentially hinder economic growth.

Electricity consumption and economic growth in ASEAN

2017 ◽  
Vol 5 (2) ◽  
pp. 16
Author(s):  
Ahmad Ghazali Ismail ◽  
Arlinah Abd Rashid ◽  
Azlina Hanif
Keyword(s):  
Economic Growth ◽  
Energy Use ◽  
Electricity Consumption ◽  
Panel Estimation ◽  
Real Gdp ◽  
Long Run ◽  
Bidirectional Relationship ◽  
Short Run ◽  
Using Data ◽  
The Relationship

The relationship and causality direction between electricity consumption and economic growth is an important issue in the fields of energy economics and policies towards energy use. Extensive literatures has discussed the issue, but the array of findings provides anything but consensus on either the existence of relations or direction of causality between the variables. This study extends research in this area by studying the long-run and causal relations between economic growth, electricity consumption, labour and capital based on the neo-classical one sector aggregate production technology mode using data of electricity consumption and real GDP for ASEAN from the year 1983 to 2012. The analysis is conducted using advanced panel estimation approaches and found no causality in the short run while in the long-run, the results indicate that there are bidirectional relationship among variables. This study provides supplementary evidences of relationship between electricity consumption and economic growth in ASEAN.

The relationship between energy consumption and economic growth: New evidence from Greece

2021 ◽  
pp. 131-153
Author(s):  
Antonia Gkergki
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Gdp Per Capita ◽  
Short Term ◽  
Vector Error Correction ◽  
Per Capita ◽  
Econometric Tests ◽  
The Government ◽  
New Research ◽  
The Relationship

This paper examines the relationship between the energy consumption and economic growth from 1968 to 2019 in Greece, by employing the vector error-correction model estimation. A series of econometric tests are employed concerning the stationary of the data, and the co-integration and the relationship among the variables during the long- and short-term. The em-pirical results suggest that there is no bidirectional relationship between economic growth and energy consumption. More specifically, GDP per capita does not affect the energy consump-tion of the three primary sources either in the long-term or the short-term. In other words, the economic crisis and its implications for GDP do not affect energy consumption, and they are not responsible for the considerable decrease in energy sources' consumption. On the other hand, the energy consumption of oil and coal negatively affect the GDP per capita. These re-sults are different from previous studies' conclusions for Greece; this is because the never been experienced before. These findings raise new research questions and also show the limi-tations of the Greek market, as it is regulated and controlled by the government.

scholarly journals Is there a growing social acceptance of earnings inequalities in Poland?

2018 ◽  
Vol 21 (8) ◽  
pp. 79-88
Author(s):  
Paweł Kumor
Keyword(s):  
Economic Growth ◽  
Social Acceptance ◽  
Gdp Growth ◽  
Gini Coefficients ◽  
Second Stage ◽  
Economic Level ◽  
Per Capita ◽  
Using Data ◽  
Two Stages

In our studies, we deal with the estimating of the optimal ranges of earnings – the optimal Gini indexes which are favourable to the maximisation of GDP growth in Poland. We suspect that the optimal Gini coefficients expressing the whole of society’s acceptance of earnings inequalities can increase. In the article, we formulated a hypothesis on society’s habituation to increasing earnings disparities. We verified the hypothesis on the basis of the model of economic growth using data from 1970 to 2007. We carried out econometric studies in two stages. In the first stage, we estimated the optimal Gini coefficients for short subsequent sub-periods. In the second stage, we studied the character of changes in the optimal Gini coefficients. In the studies, we proved the hypothesis on society’s habituation to increasing earnings disparities. The optimal Gini coefficients increase along with the increase of differences in earnings and the increase of the economic level per capita. The growth of the optimal Gini coefficients may be slowed down.

scholarly journals The Impact of the Interaction of Financial and Industrial Structure on Economic Growth – Evidence from China

2021 ◽  
Vol 251 ◽  
pp. 01101
Author(s):  
Yiqian Tan ◽  
Fan Jiang
Keyword(s):  
Economic Growth ◽  
Industrial Structure ◽  
Financial Structure ◽  
Growth Speed ◽  
Matching Effect ◽  
Industrial Upgrading ◽  
Slowing Down ◽  
Using Data ◽  
The Impact ◽  
The Relationship

In recent years, China’s economic growth speed has been slowing down, leading to the problems of overcapacity and unbalanced regional economic development, and the mismatch between industrial and financial structure is becoming intense. This paper, starting with the relationship among economic growth, industrial structure and financial structure, summarizes the research by the former scholars. On this basis, by using data of 31 provincial panel data in China from 2007 to 2016, the article aims to find out the relationship between the industrial structure and economic growth, the relationship between the financial structure and economic growth and the relationship between the interaction of financial and industrial structure and economic growth. Finally, the conclusions of this paper are obtained that the interaction between the financial structure and the industrial structure can promote the economic growth significantly. However, the matching effect of the financial structure and industrial structure in China has not been completely formed, and the industrial upgrading should be guided to be structurally reformed through the policy.

The Relationship Among Military Expenditure, High Technological Product Exports, and Economic Growth

2021 ◽  
pp. 624-645
Author(s):  
Sevgi Sezer
Keyword(s):  
Economic Growth ◽  
Panel Data Analysis ◽  
Military Expenditure ◽  
Gdp Per Capita ◽  
High Tech ◽  
Industrialized Countries ◽  
G7 Countries ◽  
Causality Relationship ◽  
Per Capita ◽  
The Relationship

In this chapter, the effects of military expenditure (MEXP) on high-tech exports (HTX) and GDP per capita (GDPPC) of G7 and new industrialized countries (NIC) are analyzed for period 1988-2015 by panel data analysis. The causality relationships between the series are examined by Dumitrescu and Hurlin test. In G7 countries, one-way causality relationship from HTX to MEXP and two-way causality relationship between MEXP and GDPPC have been identified. Also, in NIC countries, two-way causality relationship between HTX and MEXP and one-way causality relationship from GDPPC to MEXP have been determined. Cointegration relations are tested by Pedroni test and the series are found to be cointegrated. It is seen that in the G7 countries, 1% increase in MEXP during the period of 1988-2015 increased HTX by 0.71% and GDPPC by 0.98%. In NIC countries, the 1% increase in MEXP increased HTX by 1.7% and GDPPC by 0.96%. The effect of MEXP on HTX is found much higher in NIC countries.

THE IMPACT OF FISCAL DECENTRALIZATION AND STATE ALLOCATIVE EFFICIENCY ON REGIONAL GROWTH IN INDONESIA

2010 ◽  
Vol 01 (02) ◽  
pp. 287-307 ◽  
Author(s):  
DARIUS TIRTOSUHARTO
Keyword(s):  
Growth Model ◽  
Fiscal Decentralization ◽  
Regional Growth ◽  
Allocative Efficiency ◽  
Empirical Method ◽  
State Governments ◽  
Incentive Structure ◽  
Panel Data Regression ◽  
Using Data ◽  
The Impact

This paper provides a new empirical analysis on the effects of fiscal decentralization on economic growth with the inclusion of a state allocative efficiency factor in the growth model. Using Indonesia as a case study, this study aims to reveal whether the state allocative efficiency will impact growth through better allocation of public goods. Following a two-stage empirical method, the expenditure efficiency of Indonesia's 26 state governments over a 10-year period (1996–2005) is constructed by using Data Envelopment Analysis (DEA) and a panel data regression is utilized in the growth model. The results indicate that although fiscal decentralization provided a greater incentive structure for state governments to become more efficient in allocating fiscal resources, it did not always lead to robust growth due to rising regional disparities particularly in the level of development and resource capacities.

Research on the Relationship between Economic Growth, Environmental Governance Investment and Carbon Emission--Based on the Time Series Data from 2000 to 2019

2020 ◽  
pp. 713-727
Author(s):  
Xiaohui Wang, Xin Zhang
Keyword(s):  
Economic Growth ◽  
Carbon Emissions ◽  
Carbon Dioxide Emissions ◽  
Carbon Emission ◽  
Environmental Governance ◽  
Time Series Data ◽  
Series Data ◽  
Per Capita ◽  
The Relationship

The study on the relationship between investment in environmental governance, carbon emission and economic growth is helpful for the relevant government departments to coordinate the influence among them when formulating the policies of reducing emission and conserving energy, so as to take the comparative advantages of various factors and promote the benign interaction between economic development and environmental governance. In this paper, the data of Per capita GDP, per capita investment in environmental governance and per capita CARBON dioxide emissions in China from 2000 to 2019 are selected as the research basis, and variables are studied by means of Granger causality and impulse response function. As shown in the results, there is a single Granger relationship between investment in environmental governance and carbon emissions, that is, the increase of investment in environmental governance leads to the reduction of carbon emissions. The influence of economic growth on environmental governance investment is small, but in the long term, it can restrain the growth of carbon emissions. Investment in environmental governance can promote economic growth and stimulate a reduction in the emissions in the short term; Economic growth was hindered by the emissions in the long term and fail to stimulate increased investment in environmental governance. Based on these findings, this paper proposes policy Suggestions for optimizing the structure of environmental governance investment, improving the carbon emission monitoring and response mechanism, and strengthening the technological level of energy conservation and emission reduction.

An Empirical Analysis on the Relationship between Industrial Economic Growth and Environmental Pollution - Taking the Chongqing of China as an Example

2013 ◽  
Vol 807-809 ◽  
pp. 732-735
Author(s):  
Shu Qing Zhou
Keyword(s):  
Waste Water ◽  
Economic Growth ◽  
Environmental Pollution ◽  
Environmental Kuznets Curve ◽  
Solid Wastes ◽  
Kuznets Curve ◽  
Chongqing Municipality ◽  
Per Capita ◽  
The Relationship ◽  
Industrial Economic

Basing on the theories of Environmental Kuznets Curve,this paper analyzes the relationship between industrial economic growth and waste gas,waste water and solid wastes with the economic and environmental statistics of Chongqing Municipality from 1995 to 2009. The study shows that there is a inverted N-type of environmental Kuznets curve of the industrial waste water with the rising of industrial per capita value, but it lies in the left side of the EKC. There exists a extremely notable relationship between the industrial per capita value and produced volume of industrial solid wastes,but the curve has not come up to the turning point. In order to achieve the harmonious development between industrial economic growth and environmental pollution in Chongqing,we should establish the long-effect mechanism for environmental protection.

scholarly journals Quantifying the Relationship Between GDP Per Capita and Inequality in the Balkan Region

2021 ◽  
Vol 14 (2) ◽  
pp. 7-13
Author(s):  
Edgar J. Saucedo-Acosta ◽  
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Capital Stock ◽  
Financial Inclusion ◽  
Gdp Per Capita ◽  
Balkan Countries ◽  
Balkan Region ◽  
Per Capita ◽  
Low Levels ◽  
The Relationship

Purpose:The paper aims to estimate the effect of inequality on the economic growth of Balkan countries for the period 2001-2017. In addition, the effect of capital stock on GDP per capita (GDPpc) for the Balkan countries was estimated. The low level of financial inclusion on the Balkan region produces an underinvestment of human capital and affects the low-income households, leading to an increase in inequality. Low levels of equality and capital stock negatively impact economic growth.

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