scholarly journals Evaluation of interaction between chosen indicators of development of regions in Ukraine

Equilibrium ◽  
2019 ◽  
Vol 14 (2) ◽  
pp. 341-357 ◽  
Author(s):  
Elena Horská ◽  
Serhiy Moroz ◽  
Zuzana Poláková ◽  
Ľudmila Nagyová ◽  
Ihor Paska
Keyword(s):  
Foreign Direct Investment ◽  
Regional Development ◽  
Labour Market ◽  
Direct Investment ◽  
Value Added ◽  
Gross Regional Product ◽  
Association Agreement ◽  
Resident Population ◽  
Per Capita ◽  
Regional Product

Research background: In recent years, special attention has been given to the research direction regarding the study of economic, social, and demographic aspects of regional development. This direction is especially important for transition countries, including Ukraine. Despite that, there is a lack of research studies in which interdependencies of economic and demographic indicators of Ukraine’s regions are investigated. Purpose of the article: The paper assesses the relationships between the selected indicators of Ukrainian regions (export of goods per capita, foreign direct investment per capita, and the average resident population) and gross regional product per capita. Methods: Research results were compared in the periods before and during the military conflict in the eastern part of the country, based on regional data for 2010 and 2015. We used a multiple linear econometric model and tested multicollinearity. Findings & Value added: The analysis confirms that there is a positive correlation between export of goods and gross regional product and between foreign direct investment and gross regional product. That is why it is necessary to pay attention to the effective use of existing trade opportunities, especially within the framework of the Ukraine — EU Association Agreement, and to elaborate directions for further expansion of export activities. It is important to provide simpler and more understandable conditions in order to attract foreign investments in Ukrainian regions. Our study also shows that there is no influence of the average resident population on gross regional product. In many aspects, the interaction between demographic and economic components takes place through the labour market. This situation indicates that insufficient attention is given to regional employment issues, and the quantitative and structural imbalance is observed on the labour market at the regional level. In our opinion, to improve the situation, targeted activities should be elaborated on in the frame of regional development programmes.

scholarly journals Estimation of Uneven Development of Lithuanian Regions

Ekonomika ◽  
2005 ◽  
Vol 72 ◽  
Author(s):  
Diana Cibulskiene ◽  
Mindaugas Butkus ◽  
Kristina Matuzeviciūtė
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Uneven Development ◽  
Gross Regional Product ◽  
Basic Parameters ◽  
Separate Region ◽  
Per Capita ◽  
Divergent Development ◽  
Regional Product

The researchers have aimed to analyse the processes of divergent development of Lithuanian regions by estimating the basic parameters of the process of interregional stratification. We have carried out an estimation of the process of differentiation using three parameters: per capita gross regional product (further GRP), per worker GRP and per capita foreign direct investment (further FDI) in a separate region. Using these indicators and the economic classical con vergence-divergence approaches of analysis, the principal dimensions of the unequal development of territorial units in Lithuania have been assessed.

scholarly journals Foreign Direct Investment in Volgograd Region: Distribution and Role in the Economy

2020 ◽  
pp. 212-222
Author(s):  
Inna Kudryashova ◽  
Marina Pleshakova ◽  
Inna Ryabova
Keyword(s):  
Foreign Direct Investment ◽  
Correlation Analysis ◽  
Direct Investment ◽  
Regional Economy ◽  
Labour Productivity ◽  
Economic Indicators ◽  
Gross Regional Product ◽  
Debt Capital ◽  
Volgograd Region ◽  
Regional Product

Foreign direct investment (FDI) has played a key role in the efforts to achieve a sustainable economic growth and high social and economic indicators in many countries and regions of the world. The paper focuses on the analysis of the role of foreign direct investment in the economy of Volgograd region. The author uses the comparative analysis, historical and statistical methods, and correlation analysis. The analysis of the indicators of 2011–2019 shows a small share of foreign direct investment in the gross regional product in Volgograd region in comparison with the Russian Federation, and insufficient provision of regional economy with labour resources. The comparison shows a discrepancy between the real needs and sectoral distribution of foreign direct investment in the regional economy. The research on the country and type composition of FDI in Volgograd region reveals some positive trends. The share of investments in the form of capital in comparison with the share of debt capital has increased; the share of off-shore foreign direct investment has decreased. The correlation analysis reveals a moderate or weak relationship between foreign direct investment and key economic indicators of Volgograd region, i.e. gross regional product, employment rate, average monthly income of the population, depreciation of fixed assets and labour productivity. The results show the need to develop special measures to maximize benefits from the cooperation of regional businesses and foreign investors in Volgograd region.

scholarly journals Determinants of the intra-industry trade in cereal and miscellaneous edible preparations: the evidence for Nigeria and the ECOWAS partners

2014 ◽  
Vol 60 (No. 1) ◽  
pp. 21-30 ◽  
Author(s):  
G.O. Onogwu
Keyword(s):  
Foreign Direct Investment ◽  
Growth Rates ◽  
Direct Investment ◽  
National Income ◽  
Value Added ◽  
Trade Theory ◽  
Common External Tariff ◽  
Industry Trade ◽  
Final Consumption ◽  
Per Capita

The trade liberalization processes of the Economic Community of West African States (ECOWAS) are implemented through such interventions like free international trade, common external tariff wall, the consolidation or freezing of custom duties and non-tariff barriers to the intra-trade among others. However, the extent to which these efforts have translated to the intra-industry trade in the prepared foodstuff products has not been investigated yet. The objectives of this study are to assess the intra-industry trade theory in cereal and miscellaneous edible preparations; to evaluate the growth rates of simultaneous exports and imports in these prepared foodstuff sub-sections; to evaluate the extent of the intra-industry trade in the sub sections, and to determine the effects of the Nigeria’s and partners’ characteristics on the intra-industry trade. The results revealed that the intra-industry trade in cereal preparations are positively and significantly influenced by the partners’ gross national income (GNI) per capita and the partners’ foreign direct investment (FDI), but they are negatively influenced by the Nigeria’s household final consumption expenditure. Also, the intra-industry trade in miscellaneous edible preparations is influenced positively by the partners’ GNI per capita and the partners’ households’ final consumption expenditures, while the Nigeria’s foreign direct investment and the value added by manufacturing negatively influence the intra-industry trade in the product sub-sections within the ECOWAS sub-region. Both exports and imports growth rates of these products fluctuate, but more in the imports of miscellaneous edible preparations. Cost saving options in transportation, the use of efficient machines during the production, processing and packaging are recommended.

Vietnam will target more value-added investments

2018 ◽  
Keyword(s):  
Foreign Direct Investment ◽  
Real Estate ◽  
Labour Market ◽  
World Bank ◽  
Foreign Investment ◽  
Direct Investment ◽  
Economic Value ◽  
Value Added ◽  
Market Reform ◽  
Content Type

Subject Restructuring of foreign investment in Vietnam. Significance The Vietnamese government is drafting, with World Bank help, a new five-year foreign direct investment (FDI) strategy that aims to switch the development focus to projects with high economic value. Inflows surged by 44% in 2017, but much capital went to less productive sectors such as real estate. Impacts Though inflows should remain strong, Vietnam may seek to broaden its range of capital sources. Vietnam will be competing in similar industries as nearby countries and so may need a strategy to take market share. Hanoi is likely to eschew labour market reform.

Corporate Taxes and Foreign Direct Investment: An Impact Analysis

2020 ◽  
Vol 5 (2) ◽  
pp. 28-43
Author(s):  
Onome Christopher Edo ◽  
Anthony Okafor ◽  
Akhigbodemhe Emmanuel Justice
Keyword(s):  
Foreign Direct Investment ◽  
Error Correction ◽  
Direct Investment ◽  
Impact Analysis ◽  
Negative Relationship ◽  
Value Added ◽  
Positive Association ◽  
Error Correction Model ◽  
Corporate Taxes ◽  
Correction Model

Objective – The purpose of this study is to investigate the effect of corporate taxes on the flow of Foreign Direct Investment (FDI) in Nigeria between 1983 and 2017. Methodology/Technique – This study adopts an ex-post facto research design. Secondary data was sourced from the World Bank Development Indicator, the Central Bank of Nigeria database, and the Federal Inland Revenue database. The research data was analyzed using the Error Correction Model (ECM). Findings – The coefficient of determination (R2) shows that approximately 77% of systematic changes in FDI are attributed to the combined effect of all of the explanatory variables used in this study. Specifically, the study concludes that Company Income Tax, Value Added Tax, and Custom and Excise Duties have a significant but negative relationship with FDI. In contrast, Tertiary Education Tax has a positive association with FDI. Further, Exchange Rate has a negative but significant relationship with FDI, Inflation had an insignificant but positive association with FDI, and GDP growth Rate and Trade Openness demonstrate a positive and significant association with FDI. Novelty – The findings of this study are distinguishable from previous studies, as it uncovers new evidence that higher Education Tax Rates influences FDI and emerging evidence on the effect of non-tax variables on FDI inflow. Type of Paper: Empirical. JEL Classification: E22, F21, H2, P33. Keywords: Corporate Taxes; Foreign Direct Investment; Error Correction Model; Nigeria; Non-Tax Variables. Reference to this paper should be made as follows: Edo, O.C; Okafor, A; Justice, A.E. 2020. Corporate Taxes and Foreign Direct Investment: An Impact Analysis, Acc. Fin. Review 5 (2): 28 – 43. https://doi.org/10.35609/afr.2020.5.2(1)

scholarly journals Modeling of Influence of Resourcing Factors on Gross Regional Product

2019 ◽  
Vol 8 (6S2) ◽  
pp. 1112-1116 ◽  
Keyword(s):  
Regional Development ◽  
Life Quality ◽  
Subsequent Development ◽  
Gross Regional Product ◽  
Competitive Advantages ◽  
Regional Competitiveness ◽  
Resource Potential ◽  
The Sustainable Development ◽  
Regional Product ◽  
High Level

The transformation processes occurring in the country, causing the uneven development of individual regions, are characterized by increased competition at the regional level. The consequence of the acquisition of economic independence by the regions of the Russian Federation is a reappraisal of its current position and basic functions, the implementation of which is aimed at asserting themselves and strengthening their reliable position in the market and socio-economic spaces of the country by increasing competitive advantages. The formation of competitive advantages of the regions based on the resource potential in the conditions of market relations is the main condition for increasing the efficiency of regional socio-economic systems, predetermining both the sustainable development of the region by ensuring a high level of economic performance and the life quality of the population, and further prospects for the development of environmental and institutional components. The purpose of the study is to assess the degree of influence of key components of the region’s resource potential on the gross regional product per capita as the main recognized indicator of regional development and regional competitiveness based on building an econometric model with the subsequent development of a projection of changes in the indicator of a specific region under the influence of quality and quantity resource potential. Keywords : regional development, gross regional product,

scholarly journals Explaining Patterns of Corruption in the Russian Regions

2005 ◽  
Vol 57 (4) ◽  
pp. 500-529 ◽  
Author(s):  
Phyllis Dininio ◽  
Robert Orttung
Keyword(s):  
Economic Development ◽  
Gross Regional Product ◽  
Russian Regions ◽  
Size Of Government ◽  
Regional Patterns ◽  
Transparency International ◽  
Russian State ◽  
The Russian Federation ◽  
Per Capita ◽  
Regional Product

Corruption is one of the key problems facing the Russian state as it seeks to evolve out of its socialist past. Naturally, regional patterns of corruption exist across a country as large and diverse as the Russian Federation. To explain these variations, the authors analyze 2002 data from Transparency International and the Information for Democracy Foundation that provide the first effort to measure differences in the incidence of corruption across forty Russian regions. They find that corruption in Russia is fueled by the size of government and by the level of development. Within each region, the amount of corruption increases as the number of bureaucrats grows and gross regional product per capita decreases. Russian policymakers can therefore work to reduce corruption by effectively reforming or scaling back bureaucracies and by encouraging economic development outside of the key centers of Moscow and St. Petersburg.

Nexus Between FDI, Agriculture, and Rural Development: Evidence from Asian Countries

2021 ◽  
Vol 11 (4) ◽  
pp. 311-319
Author(s):  
Sujan Chandra Paul ◽  
Nusrat Jahan ◽  
Ashim Kumar Nandi ◽  
Md Asiqur Rahman
Keyword(s):  
Foreign Direct Investment ◽  
Rural Development ◽  
Direct Investment ◽  
Agricultural Land ◽  
Negative Relationship ◽  
Value Added ◽  
Time Frame ◽  
Negative Association ◽  
Female Employment ◽  
Asian Countries

The aim of this study is explore the effect of foreign direct investment on agriculture and rural development. For this, panel data of 46 countries from Asia were accumulated for the time frame 1991–2018. The models OLS, POLS, 2SLS, and GMM are employed in this study. The study reveals that there is a favorable association between foreign direct investment and agricultural land as percentage of total land using the models OLS, POLS, 2SLS. In stark contrast, value added for agriculture, forestry, and fishing has an unfavorable association with foreign direct investment in all models employed in the study. Furthermore, female employment in agriculture has a negative association with foreign direct investment in OLS, 2SLS and GMM models, whereas male employment in agriculture has a negative association with foreign direct investment in the POLS model only. Land under cereal production has a favorable association with foreign direct investment in all models except POLS, and permanent cropland has a favorable association with foreign direct investment in all models except GMM. In addition, rural population has a positive relationship with foreign direct investment in OLS, POLS and 2SLS and a negative relationship with foreign direct investment in GMM.

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