scholarly journals Impacts of Economic Structural Change on Economic Growth: Forecasting Models and Policy Implications (A Case Study of Bến Tre Province)

2013 ◽  
Vol 218 ◽  
pp. 20-36
Author(s):  
Hổ Đinh Phi ◽  
DUY NGUYỄN KHÁNH
Keyword(s):  
Economic Growth ◽  
Structural Change ◽  
National Development ◽  
Quantitative Model ◽  
Policy Implications ◽  
Causality Test ◽  
Policy Makers ◽  
Service Sectors ◽  
The Government

During the past ten years, economic growth in Vietnam changed positively in the direction of a modern industrial economy. Accordingly, economic structure also experienced changes in which manufacturing and service sectors accounted for a bigger share in the GDP. The government and most researchers are therefore very interested in economic structural change. This structural change in Vietnam as a whole requires the same change in local economies. However, some provinces did not catch up with the national development yet. Thus, in order to facilitate structural change on the whole economy, it is necessary to clarify what economic structural change aims at, and identify a quantitative model for measuring impact of such change, which becomes a real challenge to Vietnam?s researchers and policy makers. To help solve this problem, the authors conducted a case study in B?n Tre to seek practical evidence. The results, based on regressive model, VAR model and Granger causality test, show that economic structural change impacts on the level of economic growth, labor productivity and the quality of life. This research also lays the foundation for a model for forecasting impacts of economic structural change.

scholarly journals Revisit coal consumption, CO2 emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test

2017 ◽  
Vol 36 (3) ◽  
pp. 450-463 ◽  
Author(s):  
Feng-Li Lin ◽  
Roula Inglesi-Lotz ◽  
Tsangyao Chang
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Policy Implications ◽  
Coal Consumption ◽  
Causality Test ◽  
Ardl Model ◽  
Empirical Results ◽  
China And India ◽  
The Government ◽  
Bound Test

This study revisits coal consumption, CO2 emissions and economic growth nexus for both China and India using a newly developed Bootstrap ARDL model over the period of 1969–2015. Empirical results indicate no long-run relationship among these three variables for both China and India, and Granger causality test based on Bootstrap ARDL model indicates a feedback between coal consumption and economic growth, between economic growth and CO2 emissions and between coal consumption and CO2 emissions in China. However, we find a one-way Granger causality running from coal consumption to economic growth and the feedback hypothesis is confirmed between economic growth and CO2 emissions and between coal consumption and CO2 emissions in India. The coefficients signal that coal consumption is an important factor towards the promotion economic growth in both China and India. For China, higher economic growth reduces CO2 emissions, while for India, it further increases CO2 emissions. Our empirical results have important policy implications for the government conducting effective energy polices to promote economic growth in both China and India.

scholarly journals Female Education As A Determinant Of Economic Growth: The Case Study Of Pakistan

2011 ◽  
Vol 4 (11) ◽  
pp. 15 ◽  
Author(s):  
Goher Fatima
Keyword(s):  
Economic Growth ◽  
Labor Force ◽  
Labor Force Participation ◽  
Rural Areas ◽  
National Development ◽  
Female Education ◽  
Gdp Growth ◽  
The Government

The contribution of female education has been very important in the GDP growth of the country, but this very sector has been ignored by the Government. This paper focuses on the importance of female education and highlights its significance for national development. It also brings out some impediments, obstacles and barriers confronting female education, especially the low level of the investment on the sector in the rural areas of Pakistan. The study further identifies the effects of female contribution in labor force participation. The study explores the opportunities to encourage the role of female in the developmental activities.

scholarly journals Economic Growth And Unemployment: An Empirical Assessment of Okun’s Law In The Case of Liberia

2021 ◽  
Author(s):  
Kaiballah Conteh
Keyword(s):  
Economic Growth ◽  
Unit Root Test ◽  
Policy Implications ◽  
Causality Test ◽  
Flexible Labor ◽  
Long Run ◽  
Integration Test ◽  
Augmented Dickey Fuller ◽  
Auto Regressive ◽  
The Government

The aim of this research is to look at the relationship between economic growth and unemployment in Liberia from 2001 to 2019. To investigate the association between unemployment and Gross Domestic Product (GDP), the unit root test, the Augmented Dickey-Fuller (ADF) Co-integration test, and the Standard Granger Causality test were used. The Auto Regressive Distribution Lag (ARDL) bounds test is used to decide if the variables have a long run linkage. The ARDL model findings indicate that there is no long-run association between unemployment and economic growth. The findings of this analysis have especially significant policy implications for Liberian economic policymakers. The observational findings revealed a negligible association between unemployment and economic growth in both the long and short term. The Liberian government should redirect its spending toward activities that directly and indirectly promote the creation of employment and decent jobs, a conducive environment and flexible labor market policies or legislation that are not impediments to job creation should be created, and finally, the government should prioritize industries that promote labor intensive.

scholarly journals The Role of Social Capital on Rural Enterprises Economic Performance: A Case Study in Indonesia Villages

SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110441
Author(s):  
Adiwan Aritenang
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Rural Economy ◽  
Policy Implications ◽  
Enterprise Management ◽  
Legal Documents ◽  
Content Analysis Method ◽  
The Government ◽  
Rural Enterprises

Following the nationwide implementation of the Village Funds, the government attempted to accelerate rural economic growth through rural enterprises ( Badan Usaha Milik Desa/BUMDes). This study aimed to analyze how social capital affects village-owned enterprise management to accelerate rural economy. This study was conducted in 2018 and applied a qualitative approach and case study design with a content analysis method derived from interviews, observations, and legal documents. The analysis shows that stakeholders’ development visions to initiate the establishment are critical to determining the management and cooperation of rural enterprises, especially regarding the common direction of development. This study’s results show that, presently, rural enterprises have a low impact on rural economic growth. This study also argues for policy implications by highlighting the importance of social capital and village local assets to determine BUMDes development in Indonesia. Specifically, local policies should also aim to enhance community participation and improve BUMDes’ human capital on management and marketing.

scholarly journals The Impact of Geographical Indications on Sustainable Rural Development: A Case Study of the Vietnamese Cao Phong Orange

2020 ◽  
Vol 12 (11) ◽  
pp. 4711 ◽  
Author(s):  
Giang Hoang ◽  
Ha Thu Thi Le ◽  
Anh Hoang Nguyen ◽  
Quyen Mai Thi Dao
Keyword(s):  
Rural Development ◽  
Policy Implications ◽  
Geographical Indications ◽  
Sustainable Rural Development ◽  
Policy Makers ◽  
The Government ◽  
Role Of The Government ◽  
The Impact

This study investigates the relationship between geographical indications (GIs) and sustainable rural development in Vietnam, and analyzes the case study of the Cao Phong orange. Qualitative data were collected from interviews with Vietnamese policy-makers and orange growers to investigate the role of the government of Vietnam in designing and implementing GIs, as well as the involvement of local producers taking advantage of GIs, in order to identify how and to what extent GI protection affects sustainable rural development. The results show that GIs have positively contributed to sustainable rural development in Vietnam; however, some problems remain. This study concludes with policy implications for promoting GIs and sustainable rural development in Vietnam.

Tax revenue and economic growth in developing country: an autoregressive distribution lags approach

2020 ◽  
Vol 7 (54) ◽  
pp. 205-217
Author(s):  
Mnaku Honest Maganya
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Testing Procedure ◽  
Gdp Growth ◽  
Bounds Testing ◽  
Causality Test ◽  
Significance Level ◽  
Distributed Lag ◽  
Distributed Lag Model ◽  
The Government

AbstractTanzania, like most other developing countries, faces numerous economic challenges in striving to achieve sustainable economic growth and development through taxation. In the literature, the debate on how effective taxes are as a tool for promoting economic growth and economic development remains inconclusive, as various research have reported mixed effects of tax on economic growth. This article investigates the effect of taxation on economic growth in Tanzania using the recently developed technique of autoregressive distributed lag model (ARDL) bounds testing procedure for the period from 1996 to 2019. Various preliminary tests were conducted including stationary tests as well as the pair-wise Granger causality test. According to the results obtained, domestic goods and services (TGS) taxes are positively related to GDP growth and are statistically significant at 1% level. Income taxes, on the other hand, were found to be negatively related to GDP growth and to be statistically significant at 5% level. The pair-wise Granger causality results indicated that there is bidirectional Granger causality between TGS and GDP growth at 1 % significance level. The government should aim at growing, nurturing and sustaining tax base to positively drive economic growth even further.

Economic structure, power and institutions: A conceptual framework for analysing the historical transformation of US industrial strategy

2021 ◽  
pp. 102452942110154
Author(s):  
Mattia Tassinari
Keyword(s):  
Structural Change ◽  
Conceptual Framework ◽  
Economic Structure ◽  
Institutional Arrangements ◽  
Illustrative Case ◽  
Alexander Hamilton ◽  
The Government ◽  
Distribution Of Power ◽  
Illustrative Case Study

An industrial strategy emerges from possibilities for structural change, that depend on material constraints and opportunities afforded by economic structure, the distribution of power in society and the institutional arrangements organized at the political level. Building on a structural political economy perspective, this article develops a structure–power–institutions conceptual framework to describe how economic structure, the distribution of power, and institutions interact through a ‘circular process,’ which is useful for analysing the historical transformation of industrial strategy. In this framework, an industrial strategy refers to the institutional arrangements through which the government manages emerging conflicts or agreements between different powers and influences structural change. As an illustrative case study, the structure–power–institutions framework is applied to analyse the historical transformation of US industrial strategy from the era of Alexander Hamilton to that of Donald Trump.

Confronting the Challenges to Equipoise: A Study on Wompreneurs’ Work-Life Balance

2021 ◽  
Vol 4 (i) ◽  
Keyword(s):  
Role Conflict ◽  
Work Life ◽  
Work Life Balance ◽  
Motivating Factors ◽  
Life Balance ◽  
Policy Makers ◽  
Emerging Issues ◽  
The Government ◽  
Insight Into

The study explores the adversities faced by wompreneurs (Women Entrepreneurs) of Odisha and talks about their work-life balance issues. The paper presents the viewpoint (motivation) of wompreneurs as to why they think of starting an enterprise of their own. Focus is also laid onthe supportive factors of wompreneurs and factors that disrupt maintaining their work-life balance.The present exploratory paper is the outcome of a pilot study that has been performed using thematic investigation & analysis to find out solutions for the above-mentioned issues. For this paper, Qualitative research is used, which is conducted by assimilating data from personal interviews and thematically analyzing it. Suggestions for better work-life balance are given at the end. The area of work-life balance is devoid of studies in India, where wompreneurs are expected to have a better work-life balance as they are their own “boss”, the paper tries to explore the authenticity of such assumptions. The model has been devised with the above research objectives to provide insight into motivating factors and work-life balance issues of wompreneurs, which can help the Government, policy-makers, research fraternity and other training counselling institutions to emphasize such emerging issues that would lead to empowered women as well as an empowered Nation. Keywords: Entrepreneurship, Wompreneurs, Case study, Work-life balance, Role conflict

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