scholarly journals Determining Growth Saturation Point for Sustainable Development

2012 ◽  
Vol 4 (2) ◽  
pp. 108-120
Author(s):  
Mashhud Adenrele Fashola
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Environmental Degradation ◽  
Capital Stock ◽  
Capita Income ◽  
Per Capita Income ◽  
Saturation Point ◽  
Development Indicators ◽  
Per Capita ◽  
The Impact

As economic growth may reach a point where further socio-economic development is not sustainable due to continual environmental degradation having negative development impact, the paper proposes a methodology for determining global central tendency for the saturation point of economic growth in its impact on sustainable development. The theoretical framework adopts a modified classical growth model, where economic growth is considered a means towards development, just as capital stock constitutes a means towards economic growth. In such a model, the impact of economic growth on sustainable development exhibits diminishing “marginal social productivity”, until development reaches a stationary state, where the impact of growth reaches its climax and any further growth will bring a decline on the level of development. Economic growth is measured by per capita income while selected development indicators measure development. The factors responsible for the diminishing “marginal social productivity” of economic growth are population growth and depreciation rates of capital stock and physical environment. For empirical investigation, econometric studies explored the dependence of various development indicators on per capita income (US$ PPP) for 99 countries, with a-priori expectation that the development indicators will progress with economic growth at a decreasing rate and reach saturation point. The results revealed that the saturation point or ultimate level of sustainable development is attained at per capita income of $36,400 500 (PPP), a level exceeded by 13 percent of the countries. Results also showed that environmental degradation is both a causal factor and consequence of contemporary growth.

scholarly journals ASSESSING THE IMPACT OF ECONOMIC GROWTH ON INEQUALITY IN INDIA

2020 ◽  
pp. 5-8
Author(s):  
Furqan Ali ◽  
Mohammad Asif
Keyword(s):  
Economic Growth ◽  
Income Distribution ◽  
Capita Income ◽  
Political Stability ◽  
The State ◽  
Per Capita Income ◽  
Short Period ◽  
The World ◽  
Per Capita ◽  
The Impact

The rate of economic growth in India fluctuates with the world economic scenario. The developed countries being economically stable and highly advanced by technology, like U.S.A, France, Germany, Japan, and China faced the problem of economic crises. At the same time, the world comes to fluctuate their efficiency and empowerment to the leadership engagement in stabilizing the economy. In this paper, data taken from the Indian States as per capita income at the state level and compare it with all India average data. The Net State Domestic Product Per Capita Income (NSDPPCI), had taken on a current price for the short period 2011-2012 to 2016-2017. This paper compared the regional variation in state performance and compared the most riches states to inferior ones. The factors which affect economic performance are like stabilize the political stability in the state. We also focus comparison on the different political party announcements of the welfare scheme for the farmers and other poor people living in these states. Another factor like the level of education at states and center level, total population, and its growth rate, the public expenditure on the health sector. We measure income inequality, income distribution with the economic growth of India. KEYWORDS: Economic Growth; Inequality; Income Distribution; Political Stability.

scholarly journals Dampak Bunga Tabungan, Pendapatan Perkapita, Inflasi dan Pertumbuhan Ekonomi terhadap Tabungan pada Credit Union

2021 ◽  
Vol 11 (1) ◽  
pp. 20-23
Author(s):  
Maran ◽  
Widya Dharma
Keyword(s):  
Economic Growth ◽  
Interest Rates ◽  
Capita Income ◽  
Credit Union ◽  
Per Capita Income ◽  
West Kalimantan ◽  
Inflation Rates ◽  
Per Capita ◽  
The Impact

Savings are generally embedded and accumulated in the long term in a bank. Savings in this study are public deposits that accumulate in the long term and receive remuneration in the form of interest, which is popular among Credit Unions (CU) with the term deposit remuneration. Savings or deposits in CU need to be studied more deeply. Savings in CU is one solution to save for the poor, and do not have access to banking institutions. In this study, we want to know the impact of interest rates, Regional Gross Domestic Product (GRDP) growth per capita, inflation rates and economic growth on savings or deposits in CU, in West Kalimantan. This study uses the associative method with multiple linear analysis techniques, using secondary data, from 19 CUs in West Kalimantan, with a period of 2009 to 2019. Our results show that deposit interest rates, per capita income, inflation rates and economic growth simultaneously affect savings. or savings in CU, but the effect is very small. Partially, deposit interest rates, per capita income, inflation rates, and economic growth have no effect on the development of savings or deposits in CU in West Kalimantan.

scholarly journals Gender Inequality: Dampaknya terhadap Pendapatan Per Kapita (Studi Kasus 33 Provinsi di Indonesia 2011-2019)

2021 ◽  
Vol 1 (1) ◽  
pp. 47-52
Author(s):  
Cita Puspita Sari
Keyword(s):  
Economic Growth ◽  
Women Workers ◽  
Gender Inequality ◽  
Capita Income ◽  
Negative Impact ◽  
National Level ◽  
Per Capita Income ◽  
Per Capita ◽  
The Government ◽  
The Impact

Gender Inequality (gender inequality) is a classic problem in various countries, especially in developing countries like Indonesia. Gender inequality in various fields is considered to hinder economic growth. Slowing economic growth is considered to have a negative impact on income, both at the national level and the per capita level. Researchers are interested in examining per capita income as a proxy for economic growth. Per capita income is a measure of community welfare that is most often used by the government. This study aims to examine the description of gender inequality and per capita income in Indonesia, and analyze the impact of gender inequality on per capita income in Indonesia. The results of descriptive analysis show that there are still gender disparities in all provinces throughout Indonesia in 2011-2019. Furthermore, based on the results of the inference analysis using panel data, this study concludes that gender inequality simultaneously has a significant effect on per capita income. Gender inequality variables that have a partial effect include wages for women workers, women's labor force participation, and gender development

Public expenditure, economic growth and poverty alleviation

2016 ◽  
Vol 43 (6) ◽  
pp. 604-618 ◽  
Author(s):  
Ritwik Sasmal ◽  
Joydeb Sasmal
Keyword(s):  
Economic Growth ◽  
Poverty Alleviation ◽  
Capita Income ◽  
Fixed Effects ◽  
Public Expenditure ◽  
Good Governance ◽  
Per Capita Income ◽  
Content Type ◽  
Per Capita ◽  
The Impact

Purpose – The purpose of this paper is to examine the impact of public expenditure on economic growth and poverty alleviation in developing countries like India. If poverty and inequality are high, the government may resort to distributive policies at the cost of long-term growth. The distributive policies and poverty alleviation measures fail to achieve success due to lack of good governance, lack of proper targeting and problems in the implementation of such schemes. On the other hand, if the nature of public expenditure is such that it enhances per capita income, it will help reduce poverty. Design/methodology/approach – After analytical digression and construction of hypotheses panel regression has been done using state-level data in the Indian context to empirically verify the above propositions. Both Fixed effects and Random effects models have been used for this purpose. Findings – The results show that in states where ratio of public expenditure on the development of infrastructure such as road, irrigation, power, transport and communication is higher, per capita income is also higher and incidence of poverty is lower indicating that economic growth is important for poverty alleviation and development of infrastructure is necessary for growth. Originality/value – This study demonstrates how public policy and public finance can be used as instruments for removal of poverty.

scholarly journals Decentralization and Its Impact on Growth in India

2021 ◽  
Vol 16 (1) ◽  
pp. 130-151
Author(s):  
Fernanda Andrade de Xavier ◽  
Aparna P. Lolayekar ◽  
Pranab Mukhopadhyay
Keyword(s):  
Economic Growth ◽  
Capita Income ◽  
Fixed Effects ◽  
Capital Expenditure ◽  
Per Capita Income ◽  
Reverse Causality ◽  
Social Expenditure ◽  
Causality Test ◽  
Per Capita ◽  
National Growth

We study the effect of revenue decentralization (RD) and expenditure decentralization (ED) on sub-national growth in India from 1981–1982 to 2015–2016 for 14 large (non-special-category) states. Our study provides evidence that both RD and ED play a defining role in India’s sub-national growth in this three-and-a-half-decade period. We use a panel data model with fixed effects (FE) and Driscoll and Kraay standard errors that control for heteroscedasticity, autocorrelation and cross-sectional dependence. To test for causality between growth and decentralization, we use the Granger non-causality test. The regression analysis is supplemented with the distribution dynamics approach. We find that: (a) While decentralization Granger-caused economic growth, the reverse causality effect of growth on decentralization was not significant; (b) Economic growth increased significantly after liberalization; (c) Decentralization, capital expenditure and social expenditure had significant positive impacts on economic growth; and (d) States that had high levels of decentralization also had high levels of per capita income, while states that had low decentralization also exhibited low per capita income.

Poverty issues, including the working poverty in Russia

2021 ◽  
Vol 20 (12) ◽  
pp. 2294-2312
Author(s):  
Tat'yana A. ZHURAVLEVA ◽  
Anastasiya E. ZUBANOVA ◽  
Yuliya S. SOROKVASHINA
Keyword(s):  
Capita Income ◽  
The State ◽  
Per Capita Income ◽  
Structural Problems ◽  
Subsistence Minimum ◽  
Per Capita ◽  
A Chain ◽  
Definition Of ◽  
Working Poverty ◽  
The Impact

Subject. The poverty of the population with all features and factors of its manifestation causes deep structural problems that affect the development of the national economy. Objectives. The aim of the study is a comprehensive analysis of the poverty of the population category, using statistical data, identification of causes of the gap in the level of salaries of Russian and foreign specialists, determination of factors that have the greatest impact on the development of working poverty in Russia. Methods. The study draws on methods of logical and statistical analysis. Results. We considered approaches to the definition of poverty in Russia and other countries, analyzed absolute and relative poverty in Russia, the impact of subsistence minimum on the definition of poverty, assessed nominal and real incomes of the population. The ratio of the average per capita income of the population and the subsistence minimum decreased over the past decade, however, the poverty was not overcome during this period. The per capita income in Russia turned out to be low, real incomes continue to decline. Due to the ongoing coronavirus pandemic, a decline in wages can be traced, both in space and in time. Conclusions. Worsening the poverty situation in the country creates a chain of problems related to the distrust of the State policy in the social and labor spheres, expanded production slowdown, an increase in social tension in the society. A reduction of working poverty should be a priority task for the State.

Role of economic reforms on dismantling barriers to inter-state migration in India

2021 ◽  
Vol 18 (3) ◽  
pp. 297-304
Author(s):  
Sunetra Ghatak ◽  
Debajit Jha
Keyword(s):  
Capita Income ◽  
Economic Reforms ◽  
Per Capita Income ◽  
Model Framework ◽  
The Common ◽  
Per Capita ◽  
Linguistic Divide ◽  
The Impact ◽  
Inter State

Traditionally inter-state migration in India was limited compared to within state migration. Economic reforms in the early 1990s have boosted inter-state migration in the country. Hence, it is important to understand the impact of economic reforms on the determinants of inter-state migration. Recent studies have identified that state border; linguistic divide and per capita income play an important role in determining the location of inter-state migration in India. In this paper, we tried to understand the impact of economic reforms on the choice of the location of inter-state migration in the country by using a gravity model framework. We found that while the impact of per capita income difference has increased in the post-reform period, the impact of the common-border has declined. Moreover, the impact of the linguistic divide has initially increased after reforms.

NON-LINEAR EFFECTS OF TERRORISM ON ECONOMIC GROWTH IN PAKISTAN: ACCOUNTING FOR CAPITAL PER WORKER AND STRUCTURAL BREAKS

2019 ◽  
pp. 1950014
Author(s):  
RONALD RAVINESH Kumar ◽  
SYED JAWAD HUSSAIN SHAHZAD ◽  
PETER JOSEF STAUVERMANN ◽  
NIKEEL Kumar
Keyword(s):  
Economic Growth ◽  
Capita Income ◽  
Structural Breaks ◽  
Per Capita Income ◽  
Negative Effects ◽  
Capital Share ◽  
Long Run ◽  
Non Linear ◽  
Short Run ◽  
Per Capita

In this study, we examine the asymmetric effects of terrorism and economic growth in Pakistan over the period 1970–2016, while considering the role of capital per worker and structural breaks. We use the non-linear ARDL approach to establish the long-run association and to estimate the short-run and long-run effects accordingly. The results indicate the presence of asymmetries in both long and short run. Moreover, 1% decrease in terrorism results in an increase of per capita income by 0.02% in the long run and 0.001% in the short run. Assuming symmetry, the long run capital share is 0.47. In asymmetric relation, a 1% increase in capital share increases output by 0.55%, whereas a 1% decrease in capital stock decreases output by 0.26%. The break effects show that the years 1993 and 2004 have negative effects on growth. The vector error correction model-based causality results indicate a unidirectional causality from terrorism to per capita income. Overall, the results highlight that terrorism is growth retarding.

scholarly journals Do Democratic Economies Grow Faster? The Case of Asia vs. the EU

2018 ◽  
Vol 14 (2) ◽  
pp. 115
Author(s):  
Samuel D. Barrows
Keyword(s):  
World Bank ◽  
Capita Income ◽  
Time Frame ◽  
Per Capita Income ◽  
The World Bank ◽  
The World ◽  
Per Capita ◽  
Economic Growth Rates ◽  
The Impact ◽  
The Eu

The dynamics of the five fastest growing GDP per capita economies in Asia and the EU are studied between 2010 and 2014. This time frame was selected in order to avoid the height of the 2008-2009 financial crisis, but to include the stimulus and recovery periods which occurred afterward. The intent was not to compare the recoveries or the impact of the stimulus programs. The intent was to compare the economic growth rates of the two groups and also the absolute per capita income along with five topic areas on economies including: configuration, utilization, investments, demographics, and outcomes. A total of twenty measurements are used for assessment from the World Bank databank website. The findings are that the Asian economies grew faster while the EU economies had a higher per capita income. The workforces of the Asia economies are also younger and more flexible whereas the workforces of the EU economies are older, but more educated. Discussions include the links between effective governments and economic development and the links between democracy and economic levels.

scholarly journals Regional Integration: Do Intra-African Trade and Migration Improve Income in Africa?

2019 ◽  
Vol 43 (6) ◽  
pp. 587-631 ◽  
Author(s):  
Blaise Gnimassoun
Keyword(s):  
Regional Integration ◽  
Capita Income ◽  
Per Capita Income ◽  
Cross Sectional ◽  
Wide Range ◽  
Per Capita ◽  
Migration Flows ◽  
And Migration ◽  
The Impact

Regional integration in Africa is a subject of great interest, but its impact on income has not been studied sufficiently. Using cross-sectional and panel estimations, this article examines the impact of African integration on real per capita income in Africa. Accordingly, we consider intra-African trade and migration flows as quantitative measures reflecting the intensity of regional integration. To address the endogeneity concerns, we use a gravity-based, two-stage least-squares strategy. Our results show that, from a long-term perspective, African integration has not been strong enough to generate a positive, significant, and robust impact on real per capita income in Africa. However, it does appear to be significantly income-enhancing in the short and medium terms but only through intercountry migration. These results are robust to a wide range of specifications.

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