scholarly journals Impact of Labor Mobility on Economic Growth: A Comparative Study between Egypt and Vietnam

2021 ◽  
Vol 4 (4) ◽  
pp. 1-13
Author(s):  
Doaa Salman Abdou
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Comparative Study ◽  
Economic Freedom ◽  
Labor Mobility ◽  
Heritage Foundation

This paper will discuss how labor mobility accelerates economic growth based on a comparative study between Egypt and Vietnam during the period of 2009 to 2019 from the Index of Economic Freedom. This paper is based on analyzing the four main pillars of economic freedom. Using the Heritage Foundation to assess the labor mobility in both Egypt and Vietnam, both countries were considered as mostly unfree with an overall score of 52.5% with a world rank of 144 and an overall score of 55.3% with a world rank of 128, respectively. Lastly, this paper will investigate, propose, and recommend ways for Vietnam and Egypt to accelerate their growths via restructuring the labor market during the period of 2008 till 2018.

scholarly journals The Impact of Economic Freedom on Economic Growth? New European Dynamic Panel Evidence

2020 ◽  
Vol 13 (2) ◽  
pp. 26
Author(s):  
Ivana Brkić ◽  
Nikola Gradojević ◽  
Svetlana Ignjatijević
Keyword(s):  
Economic Growth ◽  
Economic Freedom ◽  
Negative Impact ◽  
Developed Countries ◽  
Dynamic Panel ◽  
Heritage Foundation ◽  
Eu Membership ◽  
Time Period ◽  
European Economies ◽  
The Impact

This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a sample of 43 developing and developed countries. Based on a robust dynamic panel setting, we conclude that increases in economic freedom as expressed by the Index of Economic Freedom/Heritage Foundation (but not its levels) are related to economic growth. The EU membership status either had no effect or it curbed the effect of the economic freedom on growth. We also find that the subprime economic crisis of 2008–2009 exerted a negative impact on the growth of European economies.

Linking Labor Productivity to Economic Freedom

2008 ◽  
Vol 52 (2) ◽  
pp. 42-53 ◽  
Author(s):  
Edward Nissan ◽  
Farhang Niroomand
Keyword(s):  
Economic Growth ◽  
Labor Productivity ◽  
Significant Relationship ◽  
Economic Freedom ◽  
Economic Liberalization ◽  
Heritage Foundation ◽  
Economic Freedom Index

This paper provides a review of the role of enterprise in a capitalistic setting to promote economic growth. For this purpose, two indexes on productivity and economic freedom were utilized to compare countries grouped by region and income. The finding by relating productivity to economic freedom index of the Heritage Foundation indicates a statistically significant relationship between the two. This gives credence to the hypothesis that economic liberalization induces growth, despite significant gaps in the levels of productivity and economic freedom index between groups of countries.

scholarly journals Economic freedom and democracy: determinant factors in increasing macroeconomic stability

2018 ◽  
Vol 16 (2) ◽  
pp. 279-290 ◽  
Author(s):  
Yuri Yevdokimov ◽  
Leonid Melnyk ◽  
Oleksii Lyulyov ◽  
Olga Panchenko ◽  
Victoria Kubatko
Keyword(s):  
Economic Growth ◽  
Economic Freedom ◽  
Trade Openness ◽  
Political Stability ◽  
Transformation Process ◽  
Political Pluralism ◽  
Heritage Foundation ◽  
Fixed And Random Effects ◽  
High Level ◽  
Macroeconomic Stability

The main goal of the article is to analyze the role and influence of economic freedom on macroeconomic stability. For this purpose, the authors used the integrated index of economic freedom, calculated by the Heritage Foundation and Democracy Index. It is noted that this index indicator was calculated by the experts from the World Bank using the index of voice and accountability. In the paper, the authors used the multinational panel dataset for 11 countries of the EU for the purpose of checking the correlation between economic freedom, democracy and macroeconomic stability. It should be highlighted that the abovementioned 11 countries are related by the fluctuation of economic growth during the transformation process (1996–2016) from communist party to the democracy and political pluralism. In addition, the authors proposed to add the indicators of political stability and trade openness, which allowed to take into account implementation of flexible macroeconomic instruments, including monetary policy, which towards increasing the economic growth, employment and financial development of the countries. The findings are directed received using the regression equation with fixed and random effects showed the high level of correspondence of the model used with the original observations. Despite the chosen approach to estimate the macroeconomic stability, the findings showed that there is a positive and statistically significant impact of economic freedom and democracy on macroeconomic stability.

scholarly journals Does Economic Freedom impact Economic growth: Decomposing the Effects for Bosnia and Herzegovina // Да ли економске слободе утичу на економски раст: Декомпозиција ефеката за Босну и Херцеговину

2014 ◽  
Vol 12 (21) ◽  
pp. 9 ◽  
Author(s):  
Zoran Borović
Keyword(s):  
Economic Growth ◽  
Bosnia And Herzegovina ◽  
Wall Street Journal ◽  
Economic Freedom ◽  
Positive Impact ◽  
Gdp Growth ◽  
Wall Street ◽  
Heritage Foundation ◽  
The Wall Street Journal

Summary: In this paper we will present the results of our survey on Economic Freedom, and impact of its individual categories on economic growth in the Bosnia and Herzegovina. To measure economic freedom we will use The Index of Economic Freedom published by the Heritage Foundation in cooperation with the Wall Street Journal. We find that economic freedom have a positive impact on GDP growth. Our result also indicates that individual categories of the Economic Freedom have a different impact on GDP growth.Резиме: У овом раду приказаћемо резултате истраживања о економским слободама и о утицају индивидуалних категорија економских слобода на економски раст у Босни и Херцеговини. Ниво економских слобода мјерићемо индексом економских слобода који објављује „Херитеџ фондација“ у кооперацији са „Вол стрит журналом“. Резултати до којих смо дошли показују да раст економских слобода има позитиван утицај на раст БДП-а. Наши резултати указују да индивидуалне категорије економских слобода имају различит утицај на раст БДП-а.

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

Gender Gaps in the Labor Market and Economic Growth

2018 ◽  
Author(s):  
Pierre-Richard Agenor ◽  
Kamer Karakurum Ozdemir ◽  
Emmanuel Pinto Moreira
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Gender Gaps

Movilidad laboral geográfica en un antiguo enclave minero. La inversión de un mercado de trabajo local

2016 ◽  
Vol 11 (18) ◽  
Author(s):  
Camilo Contreras Delgado
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Economic History ◽  
Labor Mobility ◽  
Work Place ◽  
Local Labor Markets ◽  
Local Labor Market ◽  
Local Factors ◽  
The Social ◽  
History Of

Resumen:Este artículo examina los fa c t o res internos y externos a una localidad que son copartícipes en la estructuración y reestructuración de su mercado de trabajo local. A partir de la revisión de la historia social y económica del lugar, se destaca su tránsito de enclave minero a lugar de residencia de mineros y trabajadores de maquiladoras. En este caso, se presenta la constitución de los mercados de trabajo locales como un resultado del encuentro de las condiciones del lugar de residencia de los trabajadores y el lugar donde se encuentra el centro de trabajo. De aquí que la movilidad laboral geográfica aparezca como una de las tácticas de los sujetos ante una situación de desempleo.Palabras clave: Mercado de trabajo, Minería, Maquiladoras, Mineros, Movilidad laboral, Desempleo.Abstract:This article examines the internal and external local factors shaping the structuring and restructuring of a local labor market. By reviewing the social and economic history of the community, this article underlines its transition from a mining setting to a residence place for miners and maquila workers. In this case, the constitution of local labor markets is presented as a result of the condition encounter of both workers residence place and the location of the work place. This is a reason explaining why geographical labor mobility comes to be an actor tactic to face unemployment.Key words: Labor market, Mining, Export-oriented industry, Miners, Labor mobility, Unemployment.

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