scholarly journals Econometric Analysis of Sustainable National Economy Development

Purpose. The study objective was to model conditions, mechanisms and opportunities to achieve sustainable development parameters for the national economy. Меthods. Analysis and synthesis, induction and deduction, analytical grouping and special (abstraction, modelling, etc.) methods of studying economic phenomena and processes have been used. Results. Based on the analysis of the dynamics of GDP growth rates, sulfur dioxide, nitrogen dioxide, oxide and carbon dioxide emissions during 1991-2017, the cycle of their change lasting 3 - 5 years has been proved. It has been found out that the Environmental Kuznets Curve (EKC) in Ukraine is a specific one due to the "turning points". According to the results of comparing the cyclicality of per capita income growth rates, GDP indexes with the dynamics of dependence between the hazardous substances emissions and per capita income and GDP in actual prices, it is found that they do not always coincide. It gives grounds to make a conclusion about the presence of lag between the emissions volumes changes and values of per capita income and GDP in actual prices. The conclusions are grounded on the comparison of the dynamics of GDP growth rates, income per capita, pollutant emissions and the parameters of their mutual correlation. It has been proposed to carry out coordinated policy referring its economic, social and environmental components, taking into account the time lag to create the conditions for the EKC curve parameters in the economy of Ukraine. Conclusions. . Based on the analysis of GDP growth rates dynamics, sulfur dioxide, nitrogen dioxide, carbon oxide and dioxide emissions, the periodicity (cyclicality) of their change has been proved. In Ukraine, EKC has a specific nature in the form of separate «turning points», without achievement of long-term parameters of the relationship between the hazardous substances emissions and GDP and per capita income values. Thus, the feasibility of developing the agreed policy concerning the economic (GDP value), social (population income level) and environmental components (conservation activity financing and decrease of hazardous substances emissions) taking into account the time lag, which will create the conditions for achieving not only temporary values, but also long-term parameters of EKC curve in the Ukrainian economy, was substantiated. The obtained results allow to forecast sustainable development parameters of Ukraine for the future.

2019 ◽  
Vol 43 (6) ◽  
pp. 587-631 ◽  
Author(s):  
Blaise Gnimassoun

Regional integration in Africa is a subject of great interest, but its impact on income has not been studied sufficiently. Using cross-sectional and panel estimations, this article examines the impact of African integration on real per capita income in Africa. Accordingly, we consider intra-African trade and migration flows as quantitative measures reflecting the intensity of regional integration. To address the endogeneity concerns, we use a gravity-based, two-stage least-squares strategy. Our results show that, from a long-term perspective, African integration has not been strong enough to generate a positive, significant, and robust impact on real per capita income in Africa. However, it does appear to be significantly income-enhancing in the short and medium terms but only through intercountry migration. These results are robust to a wide range of specifications.


Author(s):  
Herr Hansjörg ◽  
Stachuletz Rainer

As the result of the “Doi-Moi” reform policy, Vietnam has experienced a remarkable phase of growth since 1986. In this period the Gross Domestic Product (GDP) quadrupled. Since the population of Vietnam (about 88.5 million people in 2010) is currently growing by more than one million people annually, the increase in per capita income lags behind GDP growth, but still reached 2900 U.S. dollars in 2009,which ranks 1652 in the world (see Table 1). In order to prevent its per capita income from falling off because of this huge increase in population growth, Vietnam needs a real GDP growth of over 5%. Although the poverty rate was decreased from 58% to 13% between 2003 and 2008, considerable regional disparities especially between rural and urban areas continue to persist.


2020 ◽  
Vol 3 (1) ◽  
pp. 67-76
Author(s):  
Dipak Duvey

The comparison of socio economic development of Tarai and Nepal is the comparison of development of total Nepal with its southern part Tarai. Socio economically southern belt of Nepal, Tarai is leading whole Nepal in development. There are not any significant impacts of conflicts of Tarai in one and half decade, in socio economic development of rural development of Tarai. The comparative study has selected timeline of 2004, 2011 and 2019 to collect and analyze the socioeconomic indicators based on data of Central Bureau of Statistics (CBS Data). It is the study of literacy rate, access to electricity, GDP Growth rate and Per capita income of Nepal and Tarai region in different point of time of conflicts and resiliencies. The literacy rate was 55%, 65%, and72% in Tarai and 49%, 60% and 69% in Nepal; access to electricity were 40%, 78% and 95% in Tarai and 37%, 65% and 96% in Nepal. Similarly, Gross Domestic Product (GDP) Growth rate was 5%, 5% and 7.2% in Tarai and 4.7 %, 3.4%, and 7.1% in Nepal; Per capita income in USD was 300, 629 and 1100 in Tarai and 286, 610, and 1034 in Nepal from 2004, 2011, and 2019respectively. Therefore, Tarai is leading Nepal in socio economic development.


1991 ◽  
Vol 20 (2) ◽  
pp. 171-173
Author(s):  
Hugh W. Knox

The Bureau of Economic Analysis (BEA) at the U.S. Department of Commerce produces long-term regional projections of income, population, per capita income and earnings, and employment by industry for regions, states, Metropolitan Statistical Areas, and BEA Economic Areas on a regular basis. The projections are prepared every five years and were last published in 1990.


2021 ◽  
Vol 11 (1) ◽  
pp. 20-23
Author(s):  
Maran ◽  
Widya Dharma

Savings are generally embedded and accumulated in the long term in a bank. Savings in this study are public deposits that accumulate in the long term and receive remuneration in the form of interest, which is popular among Credit Unions (CU) with the term deposit remuneration. Savings or deposits in CU need to be studied more deeply. Savings in CU is one solution to save for the poor, and do not have access to banking institutions. In this study, we want to know the impact of interest rates, Regional Gross Domestic Product (GRDP) growth per capita, inflation rates and economic growth on savings or deposits in CU, in West Kalimantan. This study uses the associative method with multiple linear analysis techniques, using secondary data, from 19 CUs in West Kalimantan, with a period of 2009 to 2019. Our results show that deposit interest rates, per capita income, inflation rates and economic growth simultaneously affect savings. or savings in CU, but the effect is very small. Partially, deposit interest rates, per capita income, inflation rates, and economic growth have no effect on the development of savings or deposits in CU in West Kalimantan.


2013 ◽  
Vol 11 (2) ◽  
pp. 403-412 ◽  
Author(s):  
José Luís Costa Novaes ◽  
Edmir Daniel Carvalho

We compared the artisanal fisheries, in terms of catch strategies, productivity, and gross per capita income, at two reservoirs: the Barra Bonita (an eutrophic reservoir with some introduced species), and the Jurumirim (an oligotrophic reservoir, with no introduced species). Published data and structured interviews with fishers were used to evaluate fishing activity, fish biomass, and the financial performance of the fisheries. In the Barra Bonita Reservoir we analysed data from 745 fishing trips, from which 86,691.9 kg of fish were landed, with a mean CPUE of 62.4 kg/fisher-1 day-1. The main type of fish caught was tilapia (71,513.5 kg; CPUE of 51.5 kg/fisher-1 day-1), which constituted 82.5% of the biomass caught. In the Jurumirim Reservoir, we analysed data from 2,401 fishing trips, from which 25,093.6 kg of fish were landed, with a mean CPUE of 10.4 kg/fisher-1 day-1. The main type of fish caught was "traíra" (6,158.6 kg; CPUE of 2.6 kg/fisher-1 day-1), which constituted 24.5% of the biomass caught. Ordination analysis (PCA) indicated that there was a difference in composition between the fishing reservoirs and ANCOVA showed that there was a significant difference in fish production between the reservoirs. A Student's t-test showed that fishers in the Barra Bonita Reservoir had a significantly higher gross per capita income than those from the Jurumirim Reservoir. Although the Barra Bonita Reservoir has a higher fish production and the fishers earn a higher gross per capita income, we recommend the Jurumirim Reservoir as a model for artisanal fishery management because fishing activity in this reservoir is viable in the long term and such a model would promote conservation and sustainability. This contrasts with the Barra Bonita Reservoir, in which the fishery is not viable in the long term, due to environmental problems caused by artificial eutrophication and the introduction of alien species. It is also noted that in many countries, management of fisheries based on exotic species has not been viable in the long term.


2020 ◽  
Vol 2 (1) ◽  
pp. 13-23 ◽  
Author(s):  
Rabia Nawaz ◽  
Dr. Muhammad Azam ◽  
Hanzala Zulfiqar

This study estimated the growth, energy and environmental degradation nexus in Pakistan by using time series data. The data have been taken from the World Bank for the year 1971 to 2011. The data analysis was done by using the approach of co-integration (ARDL bound test) to confirm the effective long-term positive relationship among carbon dioxide emissions, per capita income growth and the per capita income gap to monitor the trend of the Environmental Kuznets Curve in Pakistan. The results of the study showed that there is no evidence of a serial correlation between the variables in the discussion, but they have a long-term association. Energy usage and per capita real income, has a positive relationship with CO2 emissions. The study has concluded that there is an evidence of inverted U shaped EKC in Pakistan and this relationship varies with different types of pollutants and geographical regions. Initially, income has a positive relationship with CO2 emission but after the turning point, both have a negative relationship.


2021 ◽  
Vol 9 (1) ◽  
pp. 134-148
Author(s):  
Wina Paul ◽  
Rachmad Faudji ◽  
Hasan Bisri

Economic development itself is defined as a continuous process that has the aim of increasing a country's Gross Domestic Product (GDP) and per capita income of a country's population in the long term which has an impact on various aspects, both economic, social, and science and technology. The purpose of economic development in Indonesia is not only to increase per capita income but also to accelerate economic growth. Technological advances as a result of this development will also improve the quality of human resources, improve community welfare, reduce inequality, and reduce unemployment. The government continues to face various forms of economic development problems in Indonesia, including high unemployment, rampant poverty, high population, inflation resulting in low purchasing power, low productivity resulting in low per capita income, and export commodities dominated by the primary sector. Today, the development of Islamic economics, both in academia and practice, is very important to pay attention to. This is also related to how to develop thoughts and applications of the Islamic economic system in Indonesia. Various perspectives in the field of Islamic economics associated with the Sustainable Development Goals (SDGs) themselves were created to answer the demands of world leadership in overcoming poverty, inequality and climate change in the form of real action. Establish a set of targets that can be applied universally and can be measured in balancing the three dimensions of sustainable development such as environmental, social and economic. Islamic economic objectives in several points of view are philosophical goals consisting of Al-Falah (holistic prosperity) and Maqasid al-Shariah and operational objectives consisting of increasing faith, creating maslahah, preventing concentration of wealth, and avoiding dangerous activities and even distribution. On the basis of this Islamic economic objective, the response was the issuance of a Cash Waqf Linked Sukuk as a product of the government through the Ministry of Finance to serve as an alternative to increasing Islamic-based economic development. The method used in this article is descriptive qualitative method with literature review. Through this article, we will try to discuss how this cash waqf linked sukuk can be used as an alternative for sustainable Islamic economic development. Sustainable Development Goals (SDG's).


2020 ◽  
pp. 16-23
Author(s):  
Jane Wanjiru Munga ◽  
Oketch Mbithi

E-government is an emerging concept that refers to the use of new technology for the provision of services to the citizens resulting in increase in transparency and efficiency. Financial capacity of a country refers to the ability of a country or government to manage the expenses and finances of the country and to make rational decisions related to finance. Level of education means the literacy rate or the number of knowledgeable people in the country. The basic plan of this study is to check the impact of level of education and financial capacity on the e-government adoption by people in the presence of two control variables, per capita income and GDP growth. In order to conduct research, data has been collected from ASEAN countries for 28 years from most reliable resources. In the research process, several techniques and tests are used such as IPS unit root test, Pedroni cointegration test, FMOLS coefficient estimation test, Granger casualty test etc. As the consequence of these tests, the impact of level of education and financial capacity well as the control variable, GDP growth on happiness level of people are accepted. However, the impact of a control variable, per capita income has been rejected. This study has several benefits and implications related to theoretical, practical and policy making benefits in context of increase in e-government adoption.


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