scholarly journals DAMPAK AKUMULASI MODAL, EKSPOR, MARGINAL EFFICIENCY OF CAPITAL (MEC), INFLASI DAN SISTEM PEMERINTAHAN TERHADAP PERTUMBUHAN EKONOMI

Media Ekonomi ◽  
2019 ◽  
Vol 25 (2) ◽  
pp. 107
Author(s):  
Asti Karlina Dewi
Keyword(s):  
Economic Growth ◽  
Capital Accumulation ◽  
Positive Impact ◽  
Secondary Data ◽  
Supply Side ◽  
Decentralized System ◽  
Factors Affecting ◽  
Dummy Variables ◽  
The Impact ◽  
Better Than

<em>The research is analyzing the Impact of Capital Acumulation, Export, MEC, Inflation and Governace System on Indonesian Economic Growth. </em><em>The model tries to combine the supply side (capital accumulation and MEC) and the demand side (export and inflation), also by including government systems for predicting the factors affecting economic growth. The data used are secondary data obtained from BPS, BI and other data sources from 1987 to 2016 (except data from 1998, 1999, and 2000 due to data in that year's is extreme). To find out whether there is a difference in the phenomenon of economic growth in centralized systems with decentralize system used dummy variables.</em> <em>The results of the study showed that the model is significant in explaining changes in economic growth. The impact of capital accumulation on economic growth is positive significant, as well as the impact of exports. But the impact of MEC as well as of inflation on economic growth is not significant.  By seeing that the variable dummy has a significant positive impact on economic growth, it can be argued that economic growth in the decentralized system is better than the centralized.</em>

scholarly journals Learning Losses Caused by the Covid-19 Pandemic - A Significant Threat to Economic Development

2021 ◽  
Vol 4 (1) ◽  
pp. 92
Author(s):  
Tea Kasradze ◽  
Nino Zarnadze
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Organizations ◽  
Positive Impact ◽  
Secondary Data ◽  
Market Demand ◽  
Local Policy ◽  
Education Systems ◽  
Increase Productivity ◽  
The Impact

Numerous studies show that there is a positive correlation between education and the economic development of the country. Strong education systems have a positive impact not only on the success of individuals but also on the economy of the entire country. Graduates equipped with the skills required by the labor market can easily find a place in this market. Knowledge and skills relevant to market demand increase productivity have a positive impact on economic growth and development. Unfortunately, Covid Pandemic has severely damaged the education systems. Governments, scientists, and experts provide us with statistical information daily around the world about both the slowdown in economic growth as a whole and the problems of individual sectors of the economy. These are the problems and numbers that are already visible and it can be said that the losses are easily measurable. However, the damage caused to the economy by education systems affected by the pandemic will be felt by countries and humanity years later, nor will it be easy to calculate. The problem is even more difficult in poor and developing countries. This paper aims to study the impact of the Covid Pandemic on the education system and economy in Georgia. The research examines the reports and studies of various international organizations, analyzing the secondary data obtained from them. Local policy documents, government reports and regulations, and papers of different researchers have also been studied, conclusions have been made and relevant recommendations have been developed.

scholarly journals The impact of stock market development on economic growth: A GMM approach

2021 ◽  
Vol 18 (3) ◽  
pp. 74-81
Author(s):  
Toan Ngoc Bui ◽  
Thu-Trang Thi Doan
Keyword(s):  
Economic Growth ◽  
Stock Market ◽  
Capital Accumulation ◽  
Developing Economies ◽  
Positive Impact ◽  
Generalized Method Of Moments ◽  
The Philippines ◽  
Market Development ◽  
Stock Market Development ◽  
The Impact

This study investigated the impact of stock market development (SMD) on economic growth (EG) among emerging markets and developing economies (EMDEs) in Asia. The data sample includes eight Asian EMDEs (China, Indonesia, India, Sri Lanka, Malaysia, the Philippines, Thailand, and Vietnam) from 2008 to 2019. These countries share several similarities, so this ensures reliability of the results. Regarding the analysis, the generalized method of moments (GMM) is used for the estimation. The results show that SMD exerts a positive impact on EG. This finding confirms the importance of SMD in improving efficient capital accumulation and allocation, and also allows investors to reduce risks and increase liquidity, which will boost EG. Further, the significant influence of domestic credit (DC), control of corruption (CC), and inflation (INF) on EG is also highlighted. These findings are valuable empirical evidence that greatly contributes to reinforcing the suitability of classical economic growth theories, especially the theory of endogenous growth. They are also essential to EMDEs in Asia. Accordingly, the EMDEs should develop effective policies to improve the stock market’s scale, which contributes substantially to the development of EG. Moreover, these economies need to pursue many appropriate policies in sync, such as stimulating SMD, improving governance effectiveness and implementing effective macroeconomic policies. Acknowledgment This study was funded by the Industrial University of Ho Chi Minh City (IUH), Vietnam (grant number: 21/1TCNH01).

scholarly journals Impact of Monetary Policy on Economic Growth: Empirical Evidence in Vietnam

2019 ◽  
Vol 5 (10) ◽  
Author(s):  
Tang My Sang
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Interest Rates ◽  
Empirical Evidence ◽  
Money Supply ◽  
Negative Impact ◽  
Positive Impact ◽  
Secondary Data ◽  
The Impact

Through the secondary data collected from 2009 to 2018, the research used Var method to test the impact of monetary policy on economic growth in Vietnam. The results show that there is a relationship between the variables of monetary policy and economic growth, in which the money supply has a positive impact at a high significant level, interest rates have a negative impact on Vietnam economic growth. From the results obtained, the research proposed solutions for operating monetary policy.

scholarly journals Trends in Foreign Direct Investment and Economic Growth of India with Special Reference to Tamil Nadu

2019 ◽  
Vol 8 (2S10) ◽  
pp. 159-164
Keyword(s):  
Economic Growth ◽  
Global Economy ◽  
Tamil Nadu ◽  
Positive Impact ◽  
National Income ◽  
Secondary Data ◽  
Time Frame ◽  
The State ◽  
Foreign Direct Investments ◽  
The Impact

Foreign Direct Investments (FDIs) are welcomed by various host countries with multiple objectives such as capital infusion, technological up-gradation and managerial know-how. This measure is carried out at substantial cost of offering various incentives in terms of providing land for industrial investments, supply of uninterrupted power, ensuring problem free labour relation environment etc. These measures are taken by any government on a basis which will have a specific time frame, in order to not let investment become a drain on the economy of the host country. This study intends to evaluate the impact of FDI on the economic growth of India and in the state of Tamil Nadu, the most industrialised and urbanised economy in India. With proactive governance and path breaking policy initiatives and structural reforms, the state has emerged as one of the leading industrialised states of India. The period of this study has been taken for ten years from 2008-09 to 2018-19. The data on the inflow of FDI during this period and the flow of FDI from various source countries have been collected along with the data on various economic parameters pertaining to infrastructure such Gross National Income (GNI), Net National Income (NNI) and Per Capita Net National Income (PCNI). The data collected for the study are entirely the secondary data published by both the state and central governments. The analysed results of the study reveal that the inflow of FDI into India during the study period has been consistent and been growing significantly, as the economy of the country and the dynamic transformation of global economy demanded. This inflow of FDIs has consistently created a positive impact on the economic indicators, making it an essential factor to be very attentively looked after for a sustained growth.

scholarly journals THE NEXUS BETWEEN PUBLIC SPENDING ON EDUCATION AND ECONOMIC GROWTH OF KOSOVO – ECONOMETRIC APPROACH

2020 ◽  
Author(s):  
Besime Ziberi ◽  
Mimoza Hodaj
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Secondary Education ◽  
Public Expenditure ◽  
Positive Impact ◽  
Pearson Correlation ◽  
Public Spending ◽  
Secondary Data ◽  
State Budget ◽  
The Impact

The main aim of this study is to analyze the trend of public spending dedicated to education in case of Kosovo over the years and to measure the impact of public spending in education on economic growth of Kosovo. In order to achieve the goal, the Pearson Correlation is used and a multifactorial regression model (OLS) has been modified and adapted, where we have determined the Gross Domestic Product (GDP) as depended variable and as independent variable in the model conclude: (i) Total public expenditure on education (ii) Public expenditure on Secondary Education and (iii) Public expenditure on Higher Education (University). The data used is secondary data from the Kosovo’s State Budget, Ministry of Finance and Transfers, and Kosovo Agency of Statistics. We come in conclusion that public spending dedicated to the Higher Education (University) has a positive impact on Kosovo's economic growth meanwhile the public spending on secondary education and total public expenditure on education in the model circumstances show no significance. The paper comes with further recommendations on public spending policies dedicated to education in order to influence Kosovo's economic growth.

scholarly journals The Nexus Between Public Spending on Education and Economic Growth of Kosovo (Econometric Approach)

2020 ◽  
Vol 34 (1) ◽  
pp. 285-296
Author(s):  
Besime Ziberi ◽  
Rrezarta Gashi ◽  
Mimoza Hodaj
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Secondary Education ◽  
Public Expenditure ◽  
Positive Impact ◽  
Pearson Correlation ◽  
Public Spending ◽  
Secondary Data ◽  
State Budget ◽  
The Impact

Abstract The main aim of this study is to analyse the trend of public spending dedicated to education in case of Kosovo over the years and to measure the impact of public spending in education on economic growth of Kosovo. In order to achieve the aim, the Pearson Correlation has been used and a multifactorial regression model (OLS) has been modified and adapted, where we have determined the Gross Domestic Product (GDP) as a dependent variable and as an independent variable in the model: (i) Public expenditure on secondary education and (ii) Public expenditure on higher education (university). The data used are secondary data from the Kosovo’s State Budget, Ministry of Finance and Transfers, and Kosovo Agency of Statistics. We have come to a conclusion that public spending dedicated to higher education (university) has a positive impact on Kosovo’s economic growth meanwhile public spending on secondary education does not show any effect. The paper suggests further recommendations on public spending policies dedicated to education in order to influence Kosovo’s economic growth.

The Impact of International Trade on Economic Growth in Nigeria: An Econometric Analysis

2017 ◽  
Vol 1 (1) ◽  
pp. 28-47 ◽  
Author(s):  
Stephen Egoro A. ◽  
Obah Daddy Obah
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Gross Domestic Product ◽  
Multiple Regression ◽  
Positive Impact ◽  
Secondary Data ◽  
Econometric Analysis ◽  
Regression Estimation ◽  
Oil Exports ◽  
The Impact

The study examines the effect of international trade on the economic growth of Nigeria from 1981 to 2015. The model specified economic growth measured by gross domestic product as dependent on international trade proxy by non-oil imports, oil imports, Non-oil exports, and oil exports. Secondary data was adopted and sourced from CBN statistical bulletin. Multiple regression estimation techniques with the aid of E-view version 9 was used to analyze the effects of international trade on the economic growth of Nigeria. It was evidenced that international trade has a significant positive impact on economic growth in Nigeria. The study recommends that government should reduce over-dependence on oil exports and increase and diversify its export base to earn more revenue.

scholarly journals The Impact of Economic Growth and Unemployment Rate on Poverty in Sulawesi

2020 ◽  
Vol 2 (1) ◽  
Author(s):  
Roflan R Badu ◽  
Syarwani Canon ◽  
Fitri Hadi Yulia Akib
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Unemployment Rate ◽  
Positive Impact ◽  
Panel Data Analysis ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Poverty Rate ◽  
Effect Model ◽  
The Impact

This research aims to analyze several fators that may impact the provincial poverty rate in Sulawesi. Several factors considered in this research is the economic growth (growth of Gross Regional Domestic Product) and Unemployment Rate. This research uses secondary data from Central Statistics Bureau (Badan Pusat Statistik, BPS). This research uses panel data analysis on six provinces in Sulawesi during 2010-2017. This research uses Fixed Effect Model (FEM). Based on the results, it is found that economic growth and unemployment rate has significant and positive impact on poverty rate in Sulawesi. Keywords: Economic Growth; Unemployment Rate; Poverty.

Implementation of Village Minister Regulation No. 21 of 2015 in Utilization of Village Funds for Community Empowerment (Study in The Village of Embacang Kelekar and Suban Baru Village of Kelekar District in 2016)

2019 ◽  
Vol 2 (2) ◽  
pp. 46-61
Author(s):  
Sumar Kendi ◽  
Andy Alfatih
Keyword(s):  
Positive Impact ◽  
Secondary Data ◽  
Community Empowerment ◽  
Three Dimensions ◽  
Primary Data ◽  
The Government ◽  
The Many ◽  
The Impact ◽  
The Village ◽  
Better Than

ABSTRACTThis research is about the Implementation of Village Ministerial Regulation, PDTT Number 21 of 2015 in the utilization of Village Funds for Community Empowerment in Embacang Kelekar Village and Suban Baru Village Kelekar District of Muara Enim Regency in 2016. The research aims to find out the implementation of Village Ministerial Regulation, PDTT Number 21 of 2015 in utilizing village funds for community empowerment in Embacang Kelekar Village and Suban Baru Village Kelekar District Muara Enim Regency in 2016 and what factors are the obstacles to the success of the Implementation of the Village Minister Regulation, PDTT No. 21 2015 in Utilizing Village Funds for Community Empowerment in both villages. This study uses qualitative research methods with a descriptive approach. The data used are primary data and secondary data. The results of this study, in terms of the many developing programs, of course the government of Embacang Kelekar Village is better than Suban Baru Village because in Embacang Kelekar Village out of 8 groups of goat management only 2 groups failed and 6 other groups succeeded. Whereas in Suban Baru Village, out of 3 programs, only 1 group developed and the rest failed. This indicates that the impact in Embacang Kelekar Village is better than in Suban Baru Village. However, as a whole, when viewed from compliance and smooth routines, functions such as supervision are still not good in both villages. Therefore, when referring to the theory that is used as a reference, namely Ripley and Franklin's Theory, which states that even though the level of compliance is high, routine functions can be carried out smoothly, policy implementation can have a positive impact. However, if one of the three dimensions is flawed, the implementation of the policy is said to have yet to succeed. So the conclusion that can be drawn is the implementation of the Minister of Village Regulation, PDTT No. 21 of 2015 in the utilization of village funds for community empowerment in the Village of Embacang Kelekar and Suban Baru Village Kelekar District of Muara Enim Regency in 2016 can still be said to be unsuccessful.

scholarly journals Financial Sector Reforms and Economic Growth: Evidence from Nigeria

2018 ◽  
Vol 9 (2) ◽  
pp. 171-176
Author(s):  
Enitan O. Olowofela ◽  
Edward Adedoyin Adebowale ◽  
Ayoola Quadri Adejonwo
Keyword(s):  
Economic Growth ◽  
Interest Rates ◽  
Structural Adjustment ◽  
Positive Impact ◽  
Secondary Data ◽  
Financial Sector ◽  
Ordinary Least Squares ◽  
National Bureau ◽  
Financial Reforms ◽  
The Impact

This research analyzed the impact of financial reforms on economic growth in Nigeria. The scope of this research covered the period between1986– 2016.This period was chosen because liberalization of Nigeria financial sector began in 1986 with the introduction of Structural Adjustment Programme (SAP), which policy thrust included deregulation of interest rates. Secondary data were collected from Central Bank of Nigeria statistical bulletin and National Bureau of Statistics publications. This research used econometrics analysis. Ordinary Least Squares (OLS) technique and Cochrane Orcutt iterative method were used to analyze the data. The results show that implemented financial reforms during the period has positive impact on economic growth. This research recommends that government should enhance financial reforms and macroeconomic stability and be sensitive to the behavior of interest rates especially, lending rates for overall economic growth in the country.

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