scholarly journals The Place and Role of the Service Sector in Achieving Strategic National Goals A. Voloskov

2020 ◽  
Vol 20 (4) ◽  
pp. 78-98
Author(s):  
Aleksey B. Voloskov
Keyword(s):  
Economic Development ◽  
Quantitative Assessment ◽  
Service Sector ◽  
Value Added ◽  
Input Output ◽  
Economic Activities ◽  
Goods And Services ◽  
Current State ◽  
The Impact

The article proposes to characterize the place and role of the service sector in the implementation of national goals of economic development for the period up to 2030, a method for determining a quantitative assessment of indicators of development of the service sector, based on the use of model tools based on the apparatus of the input-output table system. The current state of the service sector in the country is briefly described. The service sector in the article is understood as a set of types of services presented in the table of the use of goods and services in basic prices from the system of input-output tables for 2017. The article shows the place of certain types of services in the implementation of indicators of national goals of economic development. For experimental calculations based on the initial table of the use of goods and services at basic prices from the system of input-output tables for 2017, a worksheet was constructed in which some types of economic activities and products were aggregated into conditional sectors of the economy, and from some types were singled out some, directly involved in the implementation of national goals. Calculations according to the worksheet allowed us to quantify the impact of growth in the volume of services on the value of gross value added and the hypothetical values of investment resources required to achieve indicators of national goals.

A New View on Economic Competitiveness

2011 ◽  
pp. 5-48
Author(s):  
Ferruccio Marzano ◽  
Cristiano Colombi
Keyword(s):  
Manufacturing Industry ◽  
Essential Role ◽  
Input Output ◽  
Demand And Supply ◽  
Goods And Services ◽  
Economic Competitiveness ◽  
Empirical Level ◽  
The Impact ◽  
The Empirical Analysis

The paper refers to the construction of some Indexes of Competitiveness and their application to the empirical analysis of the behaviour of Italian manufacturing industry in recent years. The idea is that an essential role in competitiveness is played by the specific characteristics of the goods and services concerned. With particular reference to competition between a mature economy (like Italy) and an emergent one (e.g. like China), attention is specifically directed to the behaviour of goods' demand and supply according to their characteristics. Then, an extended Leontief Input-Output model is pursued including the impact of goods' characteristics. At the empirical level, the role of goods' characteristics is analysed as to the behaviour of competitiveness of Italian manufacturing products in the period from 2000 to 2008.

scholarly journals Positions and prospects of Russian shipbuilding in the world market of naval equipment

2021 ◽  
Vol 92 ◽  
pp. 08007
Author(s):  
Victor Dengov ◽  
Irina Tulyakova ◽  
Elena Gregova
Keyword(s):  
Value Added ◽  
World Market ◽  
External Factors ◽  
Military Equipment ◽  
Current State ◽  
The World ◽  
Military Security ◽  
Available Information ◽  
The Impact

Research background: The products of the arms and military equipment market create the material basis for the country’s military security. The most important segment of this market is the market of naval equipment. The acquired competencies have naturally led Russia to the role of the most important exporter in this market. The authors have repeatedly addressed the topic of Russian shipbuilding and the role of Russia in the world market of naval equipment and military ships. Purpose of the article: The main goal of the research is to analyze the current state of the market of naval equipment, the positions of its main participants and, especially, Russia. To determine the future prospects of Russia’s presence in this market, it was necessary to identify the main problems of Russian shipbuilding and consider the impact of external factors on the state of the industry. Methods: Generalizations of the research are based on processing and systematization of data obtained from available information sources. Analyzing the statistics, the authors were able to deduce the trends of the current moment and determine the prospects. Findings & Value added: The analysis of key market indicators, as well as the problems of Russian shipbuilding, allowed the authors to build possible scenarios for its future development, from optimistic under favorable external factors to pessimistic, in which the loss of not only military security, but also the position of the largest exporter in the world market of naval equipment and military ships is inevitable.

Business Activity and Economic Growth: An Economic and Statistical Study

2020 ◽  
Vol 27 (6) ◽  
pp. 66-78
Author(s):  
A. A. Frenkel ◽  
B. I. Tikhomirov ◽  
Y. V. Sergienko ◽  
A. A. Surkov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Activity Index ◽  
Objective Assessment ◽  
Accurate Determination ◽  
Business Activity ◽  
Economic Activities ◽  
Goods And Services ◽  
Socio Economic Development ◽  
The Impact

This publication reflects the results of the author’s research on improving the domestic statistical and methodological tools used in the analysis and forecasting of the Russian economy. In this regard, the main features of the formation and application of the Business Activity Index for basic spheres of the economy of the Institute of Economics of the Russian Academy of Sciences (hereinafter, the index of business activity) are shown and substantiations of its individual advantages are given in comparison with the index of output of goods and services for the basic types of economic activities of Rosstat (hereinafter, the release of goods and services). The authors provide evidence that despite a number of positive qualities of the applied methodology for constructing the index of output of goods and services, the business activity index, according to the authors of the article, provides a more objective assessment of macroeconomic dynamics, since it includes additional indicators reflecting financial and social aspects of economic development. It is proved that the main advantages of the business activity index are manifested in a more accurate determination of the depth of crisis phenomena in socio-economic development, as well as in determining the timing of the onset and overcoming of these negative processes. The characteristics of the macroeconomic indicators that make up the business activity index are given. Methods for calculating the weights of indicators characterizing the level of business activity in various spheres of the national economy, as well as methods for determining changes in this level are considered. Changes in the dynamics of these weights are analyzed. Ways of more efficient use of business activity indices in the practice of accounting, forecasting and management of socio-economic development are proposed. The conclusion is substantiated that it is advisable to use the business activity index for macroeconomic analysis, forecasting and strategic planning, which will make it possible to more accurately assess the impact of the implementation of national projects and the social package of the message of the President of the Russian Federation on economic growth and increase the efficiency of using business activity tools in the practice of public administration of social economic development of the country.

scholarly journals Transit in Regional Economic Development: The Case of the Kaliningrad Exclave

2020 ◽  
Vol 27 (1) ◽  
pp. 263-280
Author(s):  
Ksenia Yu. Voloshenko ◽  
Ivan S. Gumenyuk ◽  
Nils Göran Arne Roos
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
System Development ◽  
Value Added ◽  
Cge Model ◽  
Social And Economic Development ◽  
Kaliningrad Region ◽  
Regional Product ◽  
The Impact

The study analyses the role of the transit function in the development of a regional transport system drawing on the example of the Kaliningrad exclave region (Russia). The article studies the role and extent of the impact of changes in the volume and structure of transit operations on the value-added creation in the regional economy. The assessment of the transit function was conducted using analytical software for strategizing and situational forecasting of the socio-economic development of the Kaliningrad region, the analogue of which is the CGE-model. The article describes the results of the regional value-added modelling based on the integrated index of gross regional product (GRP) and the changing volume and structure of transit cargo. The article explores the transit specialisation options for the Kaliningrad region based on different scenarios of its social and economic development and the changes in external factors. The results can be applied to similar studies on assessing the transit potential of a particular territory and developing measures to support the transportation system development in other regions.

scholarly journals Role of CPEC in Development of Trade, Transport and Economy of Pakistan

2018 ◽  
Vol 7 (1) ◽  
pp. 77-92 ◽  
Author(s):  
Ashfaq U. Rehman ◽  
Azizul Hakim ◽  
Khalid Khan ◽  
Ihsan Ullah Khan
Keyword(s):  
Economic Development ◽  
Labour Force ◽  
Transport Infrastructure ◽  
Economic Activities ◽  
Chi Square ◽  
Goods And Services ◽  
Chi Square Test ◽  
Time Distance ◽  
Test Result

Abstract The objectives of the study were to measure the efficiency in trade and transport through China Pakistan Economic Corridor (CPEC) and to ascertain efficiency in trade and economic development through developed transport infrastructures. The present study was conducted in Peshawar, Pakistan. The data was collected from the relevant developing sectors and stakeholders through CPEC including investors of Khyber Pakhtunkhwa Chamber of Commerce and Peshawar Railway Station track employees. Majority of bi-variate analysis through chi-square test result showed that there was a strong and significant association between the project of CPEC and efficiency in trade and transport in terms of economy. Similarly, a strong and significant association was found between the development of transport routes through CPEC and smooth transportation of goods and services. Furthermore, a strong and significant association was found between CPEC project and improvement in travelling potential. Similarly, a significant association was found between development in transport infrastructure and fastness and reliability in business travelling. In the same way, a significant association was found between CPEC and increase in the geographical size of the labour market. As in the chain, a strong and significant association was found between the development of transport infrastructures through CPEC and increase in labour force productivity along with an increase in the range of choice of individual and firms. This could come true that CPEC as a project would ensure smooth efficiency transportation of trade goods and services in terms of reducing time distance and cost. CPEC as a project should not be only limited to economic activities, rather it should contribute to the overall socio-economic development of the region.

scholarly journals Утицај пореских подстицаја и промена пореских стопа ПДВ-а на привредни развој и социјалну стабилност // The impact of tax incentives and changes in VAT rates on economic development and social stability

2014 ◽  
Vol 12 (21) ◽  
pp. 123
Author(s):  
Славен Савић
Keyword(s):  
Economic Development ◽  
Value Added ◽  
Price Policy ◽  
Social Stability ◽  
Tax Rates ◽  
Consumption Tax ◽  
Real Wages ◽  
Goods And Services ◽  
The Republic ◽  
The Impact

Резиме: Порез на додату вредност, као општи порез на потрошњу, у значајној мери има утицаја на формирање ценовне политике, као и на конкурентност привреде и њен економски развој. Ово посебно долази до изражаја код промена висине пореских стопа. Разлог томе је чињеница да се због постојања више врста пореских стопа, одређена добра и услуге различито опорезују, а тиме и различито категоризују. Ова категоризација, тј. подела добара на луксузна добра и добра од ширег јавног значаја, има директног утицаја на њихову потрошњу, као и на њихову конкурентност, а нарочито када се ради о конкурентности истих производа на тржиштима различитих земаља. У овом раду ће се дати анализа утицаја пореских стопа (тј. промена њихове висине) на ове категорије у Републици Србији. Поред тога, указаће се и на одређене социјалне аспекте цена, будући да њихов ниво утиче на висину реалних зарада.Summary: Value added tax, as a general consumption tax, significantly influences the formation of price policy as well as economic competitiveness and economic development of country. This is especially evident in the changes in tax rates. The reason for this is the fact that, due to the existence of several types of tax rates, certain goods and services are taxed differently, and thus categorized differently. This categorization, ie. distribution of goods on luxury goods and goods of the wider public interest, has a direct impact on their consumption, as well as on their competitiveness, especially when it comes to the competitiveness of the same products in the markets of different countries. This paper will provide an analysis of the impact of tax rates (i.e. changes in their height) on these categories in the Republic of Serbia. In addition, we will point out certain social aspects of prices, since the level of these costs has influence on the level of real wages.

Service and Construction Sector of Malaysia: Causality Link (1991-2013)

2014 ◽  
Vol 567 ◽  
pp. 619-624
Author(s):  
Raza Ali Khan ◽  
Mohd Shahir Liew ◽  
Zulkipli bin Ghazali
Keyword(s):  
Time Series ◽  
Economic Development ◽  
Granger Causality ◽  
Crucial Role ◽  
Service Sector ◽  
Construction Sector ◽  
Economic Activities ◽  
Socio Economic Development ◽  
The Impact ◽  
Two Sectors

The number of research studies has been conducted over the importance of service and construction sector in an economy and confirmed that these two sectors are always being closely associated to the aggregate economy and play crucial role in the socio economic development of a country. The objective of this study is to examine the link between the construction and service sector of Malaysia during the last two decades by using time series econometric analysis. The Granger causality approach is used to obtain the objective of the study. The results of the study suggest that there is a uni-directional (one way) association between the service and construction sector in Malaysia i.e. construction sector to service sector. The construction sector plays a significant role to motivate the economic activities of the service sector in Malaysia and the service sector take 6 months (two quarters) to absorb the impact of a shock coming from the construction sector. The results of the study are important and useful for developing future policies for the construction and services sectors of Malaysia. The results are also important and informative for interested parties of the sectors.

scholarly journals Forestry Sector Impact on the Economy of Central Java, Indonesia

JEJAK ◽  
2019 ◽  
Vol 12 (1) ◽  
pp. 168-189
Author(s):  
Firmansyah Firmansyah ◽  
Akhmad Syakir Kurnia ◽  
Shanty Oktavilia ◽  
Ryan Prayogi
Keyword(s):  
Input Output ◽  
Economic Activities ◽  
Output Analysis ◽  
Income Levels ◽  
Input Output Analysis ◽  
Central Java ◽  
Forestry Sector ◽  
The Impact ◽  
Backward And Forward Linkages

In 2016, the forestry sector produced a Gross Regional Domestic Product (GRDP) of Rp. 3.8 trillion or around 0.45% of the total GRDP of the province of Central Java, Indonesia (BPS Central Java, 2017). The Forestry Sector growth has increased, but the role of the sector shows a downward trend in GRDP. By employing the Input-Output analysis, this study intends to identify the structure of the Central Java forestry sector, through backward and forward linkages and mapping the path of the impact of the forestry sector's economic activities through simulations, toward the economy and sectoral income levels in Central Java. This study finds that the forestry sector is intermediate ouput that is used by other sectors to become their production inputs, so this sector has a good multiplier for the economy.

scholarly journals Ecological restoration of agricultural land can improve its contribution to economic development

PLoS ONE ◽  
2021 ◽  
Vol 16 (3) ◽  
pp. e0247850
Author(s):  
Adrian C. Newton ◽  
Paul M. Evans ◽  
Stephen C. L. Watson ◽  
Lucy E. Ridding ◽  
Steven Brand ◽  
...  
Keyword(s):  
Economic Development ◽  
Ecosystem Services ◽  
Ecological Restoration ◽  
Agricultural Land ◽  
Value Added ◽  
Landscape Scale ◽  
Agricultural Expansion ◽  
Input Output ◽  
Economic Sectors ◽  
The Impact

Given the negative environmental impacts of intensive agriculture, there is an urgent need to reduce the impact of food production on biodiversity. Ecological restoration of farmland could potentially contribute to this goal. While the positive impacts of ecological restoration on biodiversity are well established, less evidence is available regarding impacts on economic development and employment. Potentially, prospects for economic development could be enhanced by ecological restoration though increased provision of ecosystem services, on which some economic activity depends. Here we examined this issue through the development of contrasting land use scenarios for the county of Dorset, southern England. Two scenarios of future agricultural expansion were compared with two scenarios of landscape-scale ecological restoration and the current situation. Impacts on provision of multiple ecosystem services (ES) were explored using InVEST models and proxy values for different land cover types. Impacts on economic employment were examined using an economic input-output model, which was adjusted for variation in ES flows using empirically determined ES dependency values for different economic sectors. Using the unadjusted input-output model, the scenarios had only a slight economic impact (≤ 0.3% Gross Value Added, GVA). Conversely, when the input-output model was adjusted to take account of ES flows, GVA increased by up to 5.4% in the restoration scenarios, whereas under the scenario with greatest agricultural expansion, GVA was reduced by -4.5%. Similarly, employment increased by up to 6.7% following restoration, compared to declines of up to -5.6% following maximum agricultural expansion. These results show that the economic contribution of rural land is far greater than that attributable to agricultural production alone. Landscape-scale restoration of agricultural land can potentially increase the contribution of farmland to economic development and employment, by increasing flows of multiple ES to the many economic sectors that depend on them.

scholarly journals Value-added tax and economic efficiency: Role of country governance

2020 ◽  
pp. 20-20 ◽  
Author(s):  
Sok-Gee Chan ◽  
Zulkufly Ramly ◽  
Mustapha Zulkhairi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic Efficiency ◽  
Value Added ◽  
Corporate Tax ◽  
Institutional Factor ◽  
Using Data ◽  
The Impact ◽  
Moderating Role

This paper examines the impact of VAT on economic efficiency, which while regarded as distortionary remains inevitable for economic development. Using data from 115 countries from 1984 to 2014, this research further investigates the moderating role of country governance on the link between VAT and economic efficiency. The results suggest that the extent to which country governance mitigates the effect of VAT on economic efficiency is contingent upon the way the country groups prioritize the development of each institutional factor. We find that high corporate tax countries benefit more from higher quality country governance. These findings confirm the role of country governance in better enforcement of tax policy to create less detrimental effects for economic growth. Therefore, better country governance makes taxation more affordable in high corporate tax countries.

Sign in / Sign up

Export Citation Format

Share Document