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):  
NGUYEN KHANH DUY ◽  
DINH PHI HO
Keyword(s):  
Economic Growth ◽  
Structural Change ◽  
Policy Implications ◽  
Forecasting Models

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 Re-Investigation of Institutional Quality and Ecological Footprint: A Case Study of Pakistan

2020 ◽  
Author(s):  
Muzzammil Hussain ◽  
Hira Yousaf
Keyword(s):  
Economic Growth ◽  
Research Agenda ◽  
Ecological Footprint ◽  
Institutional Quality ◽  
Policy Implications ◽  
Asymmetric Effect ◽  
Important Research ◽  
Lag Model

Abstract The discourse on the environment and growth nexus has been an important research agenda. However, the debate on the role of institutional quality (IQ) in environmental degradation is not adequate. Unlike others, this study examines the asymmetric effect of IQ towards ecological footprint (EF) from 1984 to 2014 in Pakistan. The non-linear autoregressive distributive lag model revealed that positive shocks are negatively effecting EF and negative shocks are positively effecting EF. Our findings suggest that a better IQ is substantially reducing EF, whereas energy consumption and economic growth are increasing EF. The study has robust policy implications.

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.

Non-standard functions and structures of ministries of finance under economic challenges: A case study of Western governments

2020 ◽  
Vol 26 (11) ◽  
pp. 2448-2471
Author(s):  
S.V. Anureev
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Comparative Analysis ◽  
Great Britain ◽  
Central Banks ◽  
Economic Recovery ◽  
Budget Process

Subject. This article examines the functions and management structures of central financial bodies and related parliamentary and governmental structures in Australia, Canada, Great Britain, Japan, Germany, France and Italy. Objectives. The article aims to identify non-standard functions and structures that go beyond the classical responsibility of finance ministries as a central part of the budget process arising from current economic challenges. Methods. For the study, I used a comparative analysis. Results. The article describes the important new functions of financial authorities and treasuries of Western governments aimed at economic growth and economic recovery. Conclusions. The organizational and management structures and functions of the ministries of finance go far beyond the budget process, overlap with and dominate the functions of central banks and ministries of economic development.

scholarly journals William James and the Sustainable Transformation of Values, with a Case Study for Rethinking the American Dream

Human Arenas ◽  
2021 ◽  
Author(s):  
Paul Croce
Keyword(s):  
Economic Growth ◽  
Social Transformation ◽  
American Dream ◽  
William James ◽  
Social Issues ◽  
Virus Spread ◽  
Global Pandemic ◽  
The Face ◽  
The Many

AbstractThis article addresses the call of the Psychology of Global Crises conference for linkage of academic work with social issues in three parts: First, examples from conference participants with their mix of bold calls for social transformation and realization of limits, a combination that generated few clear paths to achieving them. Second, presentation of Jamesian practical idealism with psychological insights for moving past impediments blocking implementation of ideals. And third, a case study of impacts from the most recent prominent crisis, the global pandemic of 2020, which threatens to exacerbate the many crises that had already been plaguing recent history. The tentacles of COVID’s impact into so many problems, starting with economic impacts from virus spread, present an opportunity to rethink the hope for constant economic growth, often expressed as the American Dream, an outlook that has driven so many of the problems surging toward crises. Jamesian awareness of the construction of ideological differences and encouragement of listening to those in disagreement provide not political solutions, but psychological preludes toward improvements in the face of crises.

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