scholarly journals THEORETICAL AND EMPIRICAL ANALYSIS ON THE CONTRIBUTION OF GOODS AND SERVICES EXPORTS IN ECONOMIC GROWTH IN TOGO FROM 1970-2010

2016 ◽  
Author(s):  
Komlan Ametowoyo ADEVE ◽  
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Goods And Services

scholarly journals A Critique of Akhtar’s Model of an Economic Economy

1994 ◽  
Vol 11 (4) ◽  
pp. 610-617
Author(s):  
Shujaat Ali Khan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Empirical Analysis ◽  
Statistical Data ◽  
Sufficient Condition ◽  
Positive Contribution ◽  
Review Of The Literature ◽  
Goods And Services ◽  
Consistent Increase ◽  
Opening Paragraph

In an article entitled “Modelling the Economic Growth of anIslamic Economy,”l M. Ramazan Akhtar presented a mathematicalmodel that subjects Allahs attributes to measurement and underminesthe cause of the Islamization of knowledge, which he intended toserve. In his article, there are several flaws, mistakes, and inconsistenciesthat deserve comment and criticism. This paper has examinedcritically Akhtar’s model and found it to be neither informative norpredictive. Before presenting the critique, however, I would like tocomment on some of the general weaknesses of the article.In the opening paragraph (p. 491), Akhtar says: “Growth dependson several factors, among them a consistent increase in the amount ofphysical goods and services produced over a given period of time.This is usually taken as an index of economic growth.” Although economicgrowth is defined and measured by the increase in the amountof goods and services produced over a given period of time, it doesnot imply that the former depends on the latter. There is no cause andeffect relationship between the two.In his “Review of the Literature” (p. 492), Akhtar makes a generalstatement that Muslim economists use the terms “economic growth”and “economic development” interchangeably. The economic literaturethat has been produced since the early 1960s makes a clear distinctionbetween these two terms and views economic growth as anecessary, but not a sufficient, condition for economic development(Clower 1966). Most Muslim economists hold this mainstream view.If there are still some using the terms interchangeably, they are theexceptions.In the second paragraph on page 495, Akhtar gives an Englishtranslation of Qur’an 39:9. In fact, this is a translation of 41:10-aserious mistake and not a typographical error.The last paragraph on page 491 reads: “The hypothesis is examinedtheoretically because statistical data for empirical analysis is not available.”But at the end of this paragraph, he asserts: “Analytical resultsshow that moral factors make a positive contribution to both income ...

FAKTOR FAKTOR YANG MEMPENGARUHI PRODUK DOMESTIK BRUTO NEGARA-NEGARA ASEAN PERIODE 2005-2014

2017 ◽  
Vol 22 (1) ◽  
pp. 23-29
Author(s):  
Leorista Milliardo
Keyword(s):  
Economic Growth ◽  
Analytical Tool ◽  
Panel Regression ◽  
Estimation Model ◽  
Process Data ◽  
Factors Affecting ◽  
Goods And Services ◽  
Asean Member ◽  
Tourism Sector ◽  
Asean Countries

This study was conducted with the aim of identifying the factors affecting economic growth in ASEAN member countries during the period of 2005 - 2014, with the countries sampled in this study were six countries namely Indonesia, Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia and Laos. The method of analysis used is the method of Data Panel Regression and Fixed Efect estimation model by using analytical tool to help process data is Eviews 7 program. While data used is panel data from eight ASEAN countries covering 10 year periods. The result of analysis shows that the acceptance of International Tourism Sector and Foreign Direct Investment has positive and significantinfluenceto the economic growth in eight ASEAN countries while the Labor Force is inconclusive. The study also found that Export of Goods and Services had a negative and significanteffect on economic growth.

Globalization, Poverty, Environmental Degradation and Economic Growth Nexus: Empirical Analysis of SAARC Regions

2020 ◽  
Vol 39 (1) ◽  
Author(s):  
Adiqa Kiani ◽  
Ejaz Ullah ◽  
Khair Muhammad
Keyword(s):  
Economic Growth ◽  
Sri Lanka ◽  
Empirical Analysis ◽  
Environmental Degradation ◽  
Negative Relationship ◽  
Policy Makers ◽  
Significant Negative Relationship ◽  
The Impact

The main objective of this study is to investigate the impact of poverty, globalization, and environmental degradation on economic growth in the selected SAARC countries. This study is employed panel Autoregressive Distributive Lag (ARDL) technique for empirical analysis using selected SAARC regions including India, Pakistan, Bangladesh, Nepal and Sri Lanka over the period of 1980 to 2018. Globalization impacts economic growth positively and significantly.  In addition to this the significant negative relationship is found between population and economic growth. The results show that poverty is positively related with environmental degradation. Furthermore, the results indicate that globalization is positively and significantly associated with environmental degradation in the SAARC region. Finally, the results show that urbanization is positive and significantly associated with environmental degradation, which could be the serious concerns for the policy makers to control.

The Imperatives of Beneficiation Law for Botswana’s Diamond Mining Industry and Its Implications for Foreign Investment Protection

2018 ◽  
Vol 33 (2) ◽  
Author(s):  
Femi Oluyeju ◽  
Kuda Tshiamo
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Value Chain ◽  
Positive Impact ◽  
Mining Industry ◽  
Investment Protection ◽  
Goods And Services ◽  
Advantages And Disadvantages ◽  
Diamond Mining ◽  
Backward And Forward Linkages

This article seeks to interrogate the advantages and disadvantages of beneficiation law for Botswana’s mining industry and its implications for foreign investment protection. Furthermore, it argues that the enactment of beneficiation law could stimulate economic growth and development in Botswana. On a proper analysis of the potential of beneficiation law it seems plain that it may facilitate the integration, of among others, the cutting and polishing segments through the backward and forward linkages in the entire diamond value chain to move Botswana diamond industry a step further as a new and emerging jewellery manufacturing and retail center in order to derive maximum returns from the rough diamond production. Quite clearly, cutting and polishing of diamonds in Botswana is bound to promote employment which in turn will promote demand for goods and services that would have a positive impact on economic growth in Botswana.  The paper concludes that on a balance, the opportunities accruable from the enactment of this law far outweigh the downsides and will not in any way scare investors away as some have perceived it.

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

Stock Market and Economic Growth: An Empirical Analysis for Nigeria

2018 ◽  
Author(s):  
Uju Akpunonu ◽  
Uju Sussan Muogbo, ◽  
EthelMary O Dim
Keyword(s):  
Economic Growth ◽  
Stock Market ◽  
Empirical Analysis
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