ISSUES OF THE RELATIONSHIP BETWEEN THE STATE BUDGET AND ECONOMIC GROWTH IN UZBEKISTAN

2021 ◽  
Vol 4 (7) ◽  
pp. 4-19
Author(s):  
Akmal Baltayevich Allakuliev ◽  

The article examines the interaction of the country's GDP with the state budget in the short and long term, the impact of the macro-fiscal mechanism on the country's economic growth on the example of Uzbekistan.The aim of the study is to identify dynamic correlations between the country's state budget expenditures and the economic growth of the macro-fiscal mechanism in the short and long term, as well as to analyze the approximation or rate of return of GDP and the state budget to equilibrium during various macroeconomic shocks. and hesitation.The scientific novelties of the research are:

Ekonomika ◽  
2017 ◽  
Vol 95 (3) ◽  
pp. 98-111
Author(s):  
Miroslav Švabovič ◽  
Algirdas Miškinis

Seeking to contribute to the analysis of anti-crisis economic policy decisions, the authors of the current article have developed an economic analysis modelling system of the main tax rates, which makes it possible to carry out research into modelling economic scenarios in order to determine the variables of optimal tax rates. By applying this modelling system in practice, it is possible to measure the maximum probability rates of Value Added, Profit, and Personal Income Taxes for the collection of necessary revenues to the state budget. This method presents a possibility to accurately evaluate the impact of fiscal policy measures on the state budget as well as to reflect economic processes more comprehensively and model accurate short- and long-term projections.


2020 ◽  
Vol 18 (4) ◽  
pp. 97-120
Author(s):  
Szymon Kardaś

The purpose of the article is to analyze the current condition and development prospects for the Russian LNG sector. Taking into account the specifics of the functioning of the Russian state, the author chose the realistic paradigm (neoclassical realism), which is useful in the context of showing the relationship between internal structures and external activity of the state. The author argues that Russian expansion in the LNG sector is the result of the lobbying capacity of Novatek – the largest private gas producer in Russia. Although the state budget incurs significant costs related to the implementation of Novatek projects, in particular due to fiscal preferences, it also achieves the possibility of achieving the objectives in external and internal energy policy. Novatek’s expansion increases Russia’s share in external energy markets; at the same time LNG expansion, it is used for internal purposes. Novatek’s dominant position in the LNG sector is confirmed by both already implemented projects and plans for further expansion. The factors favoring Russian expansion are constant state support for Novatek projects, high level of internationalization of implemented projects and favorable forecasts on energy markets. The strong competition between currently dominant LNG producers and the risk of internal competition between Russian exporters are among the key long-term challenges.


2021 ◽  
Vol 922 (1) ◽  
pp. 012034
Author(s):  
G Syamni ◽  
Wardhiah ◽  
Zulkifli ◽  
M J A Siregar ◽  
Y A Sitepu

Abstract This paper is conducted to examine the relationship between the use of renewable energy and FDI in Indonesia. The data used in this study is secondary data that has been published by the World Bank and accessed in www.Data.worldbank.org. periode 2004-2019. The data analysis method used is the autoregressive distributed lag (ARDL) method. The results of the study found that the use of renewable energy in the short and long term has a positive effect on Indonesia’s economic growth. Meanwhile, the same thing is also shown from the FDI variable in the short term and long term which has a significant positive effect on economic growth and has a positive effect on economic growth. Finally, with this finding, it is concluded that both the short and long term the Indonesian government needs to make a breakthrough to explore renewable energy sources for economic growth.


2003 ◽  
Vol 8 (1) ◽  
pp. 65-89
Author(s):  
Muhammad Aslam Chaudhary ◽  
Amjad Naveed

During the last two decades the role of international trade and flow of foreign capital have received considerable attention in the literature. Various studies have examined the impact of export instability and capital instability on economic growth in less developed countries.1 Empirical evidence supports the hypothesis of a deleterious impact of export instability on economic growth. However, some studies also indicated that the relationship was unstable but positive with economic growth.2 Yet there are no systematic empirical investigations into the implied links between export diversification and long-term economic growth, particularly in the case of South Asian countries. The major concern regarding export instability is that it retards economic growth.


2015 ◽  
Vol 18 (4) ◽  
pp. 104-112
Author(s):  
Tung Thanh Le

Over nearly three decades, remittances are one of the most important sources of foreign currency in ensuring balance of payments, foreign currency reserves increase, stabilize exchange market and financial market in Vietnam. This paper uses the AutoregressiveDistributed Lag model (ARDL) to study the relationship between remittances and economic growth in Vietnam in 1990-2014. Results of Perasan’ test confirmed the existence of long-term relationship between remittances and economic growth in Vietnam. The results also provide evidence of the positive impact of remittances to economic growth both in the short and long term.


2020 ◽  
Vol 214 ◽  
pp. 03006
Author(s):  
Jiuxia Wu

In the process of Russian economic development, the oil industry is one of the important pillar industries. More than 50% of the total revenue of the Russian government comes from the oil and gas industry. Oil and oil products exports account for about 56.9% of Russia’s total export[1]. So Russia’s economy is inextricably linked to oil prices. Rosneft’s role in budgetary revenue sources is growing. In the development of the world economy, the change of international oil price affects the development of the Russian economy. This paper reviews the relevant theories about the relationship between oil price and Russia’s economic growth. Besides, the short-term and long-term effects of oil price fluctuation on Russian economy are analyzed with Keynes’s income determination theory and “resource Curse” theory[2] respectively. In addition, the granger causality test is used to analyze the relationship between the fluctuation of oil price and the change of Russian GDP. The following conclusions are drawn from the analysis. Firstly, oil price rise is beneficial to Russian economic growth in the short term, but will hinder Russia’s economic long-term development. Secondly, the fluctuation of oil price is the granger cause of the change of Russian GDP. However, the change of Russian GDP is not the granger cause of the fluctuation of oil price.


Author(s):  
Nguyễn Thị Thùy Minh ◽  
Nguyễn Thị Thùy Dương

<p>In recent years, Vietnam has achieved high economic growth rate so inflation has become a noticeable problem. The relationship between state budget deficit and inflation is a two-way dialectical relationship. However, within the limit of this article, the author only studies one-way relationship, the effect of budget deficit on inflation rate in Vietnam. Prolonged budget deficit and the remediation of the state budget deficit by different methods have affected the inflation rate on different degrees. This effect is analyzed by many approaches, both quantitative and qualitative, and includes five approaches: impact of fiscal policy inflation, impact of the state budget deficit level on inflation, impact of budget deficit funding on inflation, independence of monetary policy and its effect on inflation, effect of public expenditure on inflation.</p>


2003 ◽  
Vol 60 (4) ◽  
pp. 733-742 ◽  
Author(s):  
M.B Gaspar ◽  
F Leitão ◽  
M.N Santos ◽  
L Chícharo ◽  
M.D Dias ◽  
...  

Abstract The white clam Spisula solida is harvested along the entire coast of Portugal using mechanical dredges. In this study, the total direct mortality of the macrobenthic community caused by three types of clam dredges (north dredge—ND, traditional dredge—TD, and the metallic grid dredge—GD) used in the S. solida fishery was determined and compared. The relationship between mortality and catching efficiency for each type of dredge was also assessed. Our results showed significant differences for total direct mortality between the ND and both the GD and TD dredges. This difference was largely attributed to the mortality of animals that died in the dredge track as a direct result of the physical damage inflicted by the dredge passing. It was also found that the damage to uncaught individuals is directly related to gear efficiency. The lower catching efficiency of the ND (64%) led to a higher proportion of damaged individuals being left in the dredge path, when compared with the more efficient GD (98%) and TD (90%) dredges. Short and long-term implications of the impact of dredging on the composition of benthic communities are discussed. From fisheries management and ecological points of view, there are obvious advantages to introduce into the bivalve dredge fisheries more efficient and selective dredges in order to reduce the number of damaged individuals and by-catch, and consequently decreasing the impact on the macrobenthic communities.


2021 ◽  
Vol 9 (2) ◽  
pp. 125-139
Author(s):  
Jehanzaib Ali ◽  
◽  
Arqum Moqeet ◽  
Shafaq Jehanzaib ◽  
◽  
...  

This research comprehensively assessed the relation between framework of human resource management (HRM) practices and organizational financial performance. The results based on a sample of banks of Pakistan demonstrate that these practices have a monetarily and measurably huge effect on financial performance of organization in short and long term. Information was gathered through a questionnaire survey and tested on random sample of 120 bank employees in Pakistan. The effect of HR practices on financial performance of association is to a limited extent dependent upon their interrelationships. The mediating model is applied where the perceived organizational support is the mediating factor among the independent variables HR practices and dependent variable the financial performance of firm. The investigation demonstrates the relationship on the information gathered by the surveys using Statistical techniques, i.e. correlation and regression. The study concluded that all tested variables have a positive relation and impact on financial performance of banks. Towards the end, the research challenges are presented to mainstream researchers and future patterns are also enlisted.


2018 ◽  
Vol 8 (4) ◽  
pp. 125
Author(s):  
Nguyen Van Huong ◽  
Dang Quy Duong ◽  
Do Thi Thu Thuy

Research on human resources, foreign direct investment and economic development are important issues in assessing the effectiveness of employment as well as attracting foreign direct investment (FDI) in the economy. In this study, the author analyzes the impact of human resource factors and FDI on economic growth in Vietnam from 1990 to 2017. By regression analysis based on the ARDL model, the result shows FDI has only a positive effect on economic growth in the short term but has the opposite effect in the long term. At the same time, unemployment rates have the opposite effect on economic growth in the short term. Average life expectancy does not affect economic growth in both the short and long term. From this result, the author also offers some suggestions for economic development in both the short and long term.


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