Economic Trends and Government Survival in West European Parliamentary Democracies

1992 ◽  
Vol 86 (4) ◽  
pp. 875-887 ◽  
Author(s):  
Paul Warwick
Keyword(s):  
Gross Domestic Product ◽  
Economic Indicators ◽  
Partial Likelihood ◽  
Likelihood Method ◽  
Domestic Product ◽  
Indicator Values ◽  
Parliamentary Democracies ◽  
Economic Trends ◽  
Complexity Hypothesis ◽  
Oil Crisis

In this study, I investigate the linkage between trends in key economic indicators (inflation, unemployment, and growth in gross domestic product) and government survival in 16 postwar European parliamentary democracies. The partial likelihood method, which allows for variation in indicator values over the lifetimes of individual governments, constitutes the basic analytic tool. The findings reveal overall causal roles for both inflation and unemployment, as well as important differences in these roles between socialist and bourgeois governments and between pre-oil crisis and post-oil crisis eras. Most significant, the introduction of these indicators to the analysis helps to resolve the debate between two rival explanations of governmental stability, the bargaining complexity hypothesis and the ideological diversity hypothesis, in favor of the latter.

scholarly journals Austerity in Time of Crisis: A Solution or a Dangerous Idea? Evidence from Algeria

ETIKONOMI ◽  
2018 ◽  
Vol 17 (1) ◽  
pp. 11-24
Author(s):  
Hadjer Boulila ◽  
Mohamed Benbouziane
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Domestic Product ◽  
Distributed Model ◽  
Non Linear ◽  
Oil Crisis

Our study is aimed to investigate the effect of austerity measures on the economic growth. Besides that, this research wants to examine whether austerity is the solution of the current oil crisis in Algeria or not. To achieve this aim we have used a Non-Linear Autoregressive Lag Distributed model (NARDL) to illustrate the negative and positive changes in austerity measures and their effects on gross domestic product. The findings of our estimation provides that neither increasing taxes cuts nor reducing expenditures is a solution for the crisis, that what confirms empirically what Keynesian economists approve. Therefore, Algeria’s authorities must quickly find other solution rather than austerity policies.DOI: 10.15408/etk.v17i1.6799

scholarly journals The Economy between Fluctuations in Oil Revenues and Diversifying Sources of Income in Arab Countries

2021 ◽  
pp. 96-110
Author(s):  
Yun D Starchenko
Keyword(s):  
Gross Domestic Product ◽  
Crude Oil ◽  
Research Problem ◽  
Arab Countries ◽  
Domestic Product ◽  
Economic Sectors ◽  
Macroeconomic Policies ◽  
Economic Trends ◽  
Oil Revenues ◽  
The Impact

The Economic Monitor offers an overview of key economic trends and policies over the preceding six months and discusses conclusions from recent World Bank work on Iraq, putting them in a longer-term and global sense and evaluating the impact of these developments and other policy adjustments Iraq's outlook. The macroeconomy, capital markets, and indices of human health and growth are all included. It is aimed at a broad range of people, like policymakers, industry executives, stock market players, and Iraq's analysts and practitioners. The research problem was represented by the fact that the Iraqi economy is single-source due to its dependence on the crude oil sector, which constitutes more than (60%) of the gross domestic product. Crude oil revenues constitute more than (90%) and neglect other economic sectors such as agriculture, industry, and tourism, whose percentage did not exceed (30%) of the gross domestic product. The weakness of non-oil exports in the foreign trade sector is the failure of macroeconomic policies to diversify the Iraqi economy. The research aims to achieve many goals, the most important of which are: identifying the concept and indicators of diversification. As well as an analysis of the Iraqi economic structure during the period (2008-2019). A forward-looking vision for economic diversification in Iraq.

scholarly journals PENGARUH TINGKAT PEMBIAYAAN PERBANKAN SYARIAH, JUB DAN PDB TERHADAP SBI SYARIAH PERIODE 2003-2013 DENGAN PENDEKATAN ECM

INFERENSI ◽  
2014 ◽  
Vol 6 (2) ◽  
pp. 267
Author(s):  
Fitri Amalia
Keyword(s):  
Gross Domestic Product ◽  
Money Supply ◽  
Economic Indicators ◽  
Domestic Product ◽  
Islamic Banking ◽  
Research Use ◽  
Short Term ◽  
Independent Variable

The purpose of this research is to analyze in the short term and long term betweenthree independent variable namely: Islamic Banking Financing, Money Supply(JUB) and Gross Domestic Product (GDP) against Certificates of Bank IndonesiaSharia (SBIS), a period of 2003-2013.The data used in this research is data quarterly(per three months) of march 2003 until september 2013 which are obtainedfrom the monthly reports economic indicators of the Badan Pusat Statistik andmonthly reports macro of Bank Indonesia.This research use Error CorrectionModel approach to see the short-term and long-term relationship between theindependent variable against the dependent variable. The result showed in thelong term only variable Islamic Banking Financing affect Certificates of BankIndonesia Sharia (SBIS ).While in the short-term Certificates of Bank IndonesiaSharia (SBIS ) affected Islamic Banking Financing and Gross Domestic Product.

scholarly journals GDP AS A FACTOR OF INFLUENCE ON PENSIONS IN UKRAINE: MODELLING

2018 ◽  
pp. 133-141
Author(s):  
Hanna Karmeliuk ◽  
Svitlana Plaskon ◽  
Halyna Seniv
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Mathematical Modelling ◽  
Econometric Models ◽  
Living Standards ◽  
Economic Indicators ◽  
Domestic Product ◽  
Gdp Growth ◽  
Dollar Exchange Rate ◽  
Factor Of Influence

The dynamics of the gross domestic product (GDP) and the minimum and middle pensions, the dollar exchange rate are analysed. A series of trends in the dynamics of GDP, minimum and average pensions in hryvnia and dollar equivalents are presented. The necessity of using mathematical modelling to study social and economic indicators of living standards of the population is emphasised. The main tendencies of the influence of the gross domestic product on the minimum and average pensions are generalised. Prognostic values of the minimum pension in hryvnia and dollar equivalents for the period of 2018-2022 are estimated. The econometric models of the dependence of the minimum and average pensions on GDP in hryvnia and dollar equivalents are presented. It is shown that GDP growth is accompanied by an increase in the minimum and average pensions in hryvnia and dollar equivalents.

scholarly journals Socio-economic Analysis of Development of Regions

2016 ◽  
Vol 6 (2) ◽  
pp. 171-178
Author(s):  
Viktor Šoltés ◽  
Katarína Repková Štofková ◽  
Milan Kutaj
Keyword(s):  
Quality Of Life ◽  
Economic Analysis ◽  
Gross Domestic Product ◽  
Regional Development ◽  
Economic Activity ◽  
Regional Disparities ◽  
Economic Indicators ◽  
Domestic Product ◽  
Objective Indicators

The quality of life is affected by many factors, which can be combined according to the similar attributes into some dimensions. A major impact on quality of life has a feeling of security. The quality of life is directly related to the development of regions that can be examined through subjective and objective indicators as well as the security situation. The paper is going to deal with selected socio-economic indicators of regional development that directly affect the safety of citizens, and therefore their quality of life. There will be evaluated primary socio-economic indicators of regional development such as regional gross domestic product, the level of economic activity, the rate of regional employment and unemployment, the average regional wages. Trough comparison of the above indicators can be seen if the qualities of life in Slovak regions have been positive and what is the position of regions in terms of development.   Keywords: Quality of life, regional development, regional disparities, socio-economic indicators;

scholarly journals Piracy in the Gulf of Guinea: Impacts to Maritime Transportation and Maritime Security

2018 ◽  
Vol 4 (2) ◽  
pp. 1 ◽  
Author(s):  
Nana Raymond Lawrence Ofosu-Boateng (Capt.)
Keyword(s):  
Growth Rate ◽  
Gross Domestic Product ◽  
Fixed Effects ◽  
Research Question ◽  
Maritime Transportation ◽  
Maritime Security ◽  
Economic Indicators ◽  
Domestic Product ◽  
Gulf Of Guinea ◽  
Fixed Effects Model

Piracy attacks in the Gulf of Guinea have taken a worrying trend. Unlike the Somali pirates, the pirates in the Gulf of Guinea target the cargoes, especially the oil laden tankers for their cargo. This disruption is impacting negatively on shipping in this sea lane. There are consequences to be suffered due to these pirate attacks on shipping in this region. This study delves into piracy and Maritime Transportation and Maritime Security in the Gulf of Guinea. The aim of this study is to analyse the impacts of piracy on different economic indicators and measurements with shipping as the vector of maritime transport. The economic indicators such as the liner shipping index, gross domestic product growth rate, imports growth rate, exports as a percentage of gross domestic product, and oil production as oil rents as a percent of gross domestic product. An Input-Output analysis to determine the interdependencies between variables. A Fixed Effects Model is used to show the relationship between pirate attacks and the countries distance from the Gulf of Guinea. A Correlation Analysis is conducted in respect of the countries and years based on the research question. A Chi Square test is conducted to test the hypotheses.

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