scholarly journals KNOWLEDGE-BASED ECONOMY (KBE), KONVERGENSI, DAN PERTUMBUHAN EKONOMI : STUDI KASUS DI ASEAN PLUS THREE (PERIODE TAHUN 2001-2014)

2018 ◽  
Vol 4 (2) ◽  
pp. 153-167
Author(s):  
Zulva Azijah ◽  
Muhammad Findi Alexandi ◽  
Toni Irawan
Keyword(s):  
Economic Growth ◽  
Economic Integration ◽  
Annual Data ◽  
Conditional Convergence ◽  
Knowledge Based ◽  
Real Gdp ◽  
Knowledge Based Economy ◽  
Real Gdp Per Capita

Economic growth and convergence are the major issues in the global economic. Economic integration is a form of cooperation between countries in order to achieve welfare and prosperity. In 1997, ASEAN Plus Three has been established as an economic integration in the field of innovation and ICT. The aims of this study are to analyze the conditional convergence (β) and covergence (σ) and to consider the role of Knowledge-Based Economy on economic growth. This study uses annual data from 2001 to 2014 with a GMM approach. The case study of this research are the members of ASEAN Plus Three. The resultsof conditional convergence (β) estimation showed that the best dynamic panel criteria is not bias, valid dan consistent. The coefficient of conditional convergence (β) with KBE indicators that is 0.9917 has convergence rate of 0.8%. On the convergence (σ), the result showed that in the period 2001 to 2014, there has been a convergence in real GDP per capita that can be seen from the coefficient variation values that tend to be declined.

scholarly journals KNOWLEDGE-BASED ECONOMY (KBE), KONVERGENSI, DAN PERTUMBUHAN EKONOMI : STUDI KASUS DI ASEAN PLUS THREE (PERIODE TAHUN 2001-2014)

2018 ◽  
Vol 4 (2) ◽  
pp. 153-167
Author(s):  
Zulva Azijah ◽  
Muhammad Findi Alexandi ◽  
Toni Irawan
Keyword(s):  
Economic Growth ◽  
Economic Integration ◽  
Annual Data ◽  
Conditional Convergence ◽  
Knowledge Based ◽  
Real Gdp ◽  
Knowledge Based Economy ◽  
Real Gdp Per Capita

Economic growth and convergence are the major issues in the global economic. Economic integration is a form of cooperation between countries in order to achieve welfare and prosperity. In 1997, ASEAN Plus Three has been established as an economic integration in the field of innovation and ICT. The aims of this study are to analyze the conditional convergence (β) and covergence (σ) and to consider the role of Knowledge-Based Economy on economic growth. This study uses annual data from 2001 to 2014 with a GMM approach. The case study of this research are the members of ASEAN Plus Three. The resultsof conditional convergence (β) estimation showed that the best dynamic panel criteria is not bias, valid dan consistent. The coefficient of conditional convergence (β) with KBE indicators that is 0.9917 has convergence rate of 0.8%. On the convergence (σ), the result showed that in the period 2001 to 2014, there has been a convergence in real GDP per capita that can be seen from the coefficient variation values that tend to be declined.

The development of ecosystems for technology transfer in Mexico: the role of Patenting Centers

2018 ◽  
Vol 8 (4) ◽  
pp. 333-347
Author(s):  
Luis Felipe Beltrán-Morales ◽  
David J Jefferson ◽  
Ileana Serrano Fraire ◽  
Monica Alandete-Saez
Keyword(s):  
Technology Transfer ◽  
Biological Research ◽  
Research Institutions ◽  
Ip Protection ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Building Activities

In this article, we evaluate an initiative recently launched by the national government in Mexico to create ‘Patenting Centers’ in various universities and research institutions in diverse regions of the country. We focus particularly on elucidating how the installation of these Patenting Centers has augmented the number of national filings for intellectual property (IP) protection, and how the Centers have contributed to increasing the quality of IP applications. Furthermore, we analyze how the Mexican Patenting Centers have qualitatively contributed to fostering local cultures of innovation, for example through capacity-building activities directed towards scientific researchers. We also attempt to understand how the Patenting Centers have supported processes of technology transfer and commercialization, which we evaluate by examining a case study from the Northwest Biological Research Center (CIBNOR). Our findings indicate that the Mexican Patenting Centers have contributed to increasing IP protection activity in various regions of the country, and that they have augmented interactions between public research institutions and the productive sector. We conclude with suggestions for how the Patenting Center model may be further assessed in the future, to ensure that the government's mission of fostering endogenous innovation and the creation of a knowledge-based economy may continue to be realized.

scholarly journals The Role of Exports in African Economic Development:  A Comparative Study of Mauritius and Tunisia

2021 ◽  
Author(s):  
◽  
Simon Michael Carey
Keyword(s):  
Economic Growth ◽  
Growth Process ◽  
Institutional Environment ◽  
Real Gdp ◽  
Export Policies ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
Econometric Tests ◽  
The Relationship

<p>Mauritius and Tunisia stand out as two remarkable exceptions to the African economic growth experience. Since their respective independences in 1968 and 1956, both have achieved average real GDP per capita growth well in excess of three percent per year. Export policies featured highly in the developmental strategies of both countries as they transitioned through a dependency on agriculture into manufacturing and then services. What makes this comparison so interesting is that despite such similar success, Tunisia and Mauritius are fundamentally very different. This study comprises the first ever in-depth comparison of these two countries, presenting a qualitative analysis and then augmenting it with a comprehensive set of econometric tests. The focus is on the relationship between exports and economic growth, but the discussion explores the wider context in both countries. Using the Granger-causality approach, we find strong evidence for export-led growth in Mauritius, but no significant evidence of any causal relationship in Tunisia. On the basis of a broader analysis we argue that exports were still important in both countries, but appear to have been more central to the growth process in Mauritius. This broader analysis also highlights that other factors – such as a strong institutional environment – were important in facilitating or directly contributing to such consistent growth.</p>

scholarly journals Will Inequality Affect Growth?: Evidence from USA and China since 1980

2017 ◽  
Vol 8 (2) ◽  
pp. 1
Author(s):  
Yongqing Wang
Keyword(s):  
Income Inequality ◽  
Gdp Per Capita ◽  
Annual Data ◽  
Real Gdp ◽  
Long Run ◽  
The World ◽  
Real Gdp Per Capita ◽  
Short Run ◽  
Per Capita

Income inequality may hinder economic growth is a widespread concern. The results from previous literature are mixed. Although both USA and China is an excellent case study by itself, it is even interesting to compare them given they are the two largest economies in the world, and yet completely different from each other. We employ annual data from 1980 to 2012 and apply cointegration to study the effects of income inequality on real GDP per capita and real GDP of both USA and China. We also include the exchange rate into the model to examine possible effects of depreciation on growth. The main findings are: first, depreciation does not affect the growth of USA. Second, depreciation promotes growth of China in the short-run, but may hurt its growth in the long-run. Third, income inequality will hurt growth of USA in the short-run, while it encourages its growth in the long-run. Finally, income inequality may promote growth of China in both short-run and long-run.

scholarly journals HIGHER EDUCATION AND ECONOMIC GROWTH IN NORTH MACEDONIA: EVIDENCE FROM CAUSALITY TESTING AND COVID-19 CHALLENGES

2020 ◽  
Author(s):  
Marijana Cvetanoska ◽  
Predrag Trpeski
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Human Capital ◽  
Economic Value ◽  
Policy Makers ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Dynamic Methods ◽  
Education And Economic Growth

The link between education and economic growth has been the subject of public debate, and it has been widespread interest among economists in solving key economic problems. As a determinant of human capital, which is one of the factors of production, education has its own contribution in the process of globalization where economies are transformed and based on knowledge. Particularly higher education has a high economic value because it causes the formation of human capital and it is often seen as vital for a continued growth performance, prosperity, and competitiveness in national and global economies. Higher education contributes to the economic growth by producing higher-level skills and competencies needed for a shift towards knowledge-based economy. For these reasons, countries all over the world especially the developing countries such as North Macedonia, are giving higher education special attention to facilitate the economic growth. In this study, the co-integration between higher education and economic growth in North Macedonia is analyzed using dynamic methods. Toda Yamamoto's approach for Granger's causality (TY) developed by Toda and Yamamoto (1995) is used to analyze the causality between economic growth and higher education. For this aim, a bivariate VAR model is constructed. This study provides an evidence for the causality between higher education and economic growth in North Macedonia. Moreover, a key role of higher education institutions is to drive innovation, with the aim of finding solutions to global challenges. Today, in response to the COVID-19 pandemic, there is a danger that COVID-19 will destabilize this educational level, with serious consequences. Therefore, the challenges that higher education is faced are emphasized in order to help education institutions and policy-makers to reflect on them and be prepared to address them, while re-emphasizing the role of higher education in supporting to conform the post-COVID19 pandemic.

scholarly journals The Role of Exports in African Economic Development:  A Comparative Study of Mauritius and Tunisia

2021 ◽  
Author(s):  
◽  
Simon Michael Carey
Keyword(s):  
Economic Growth ◽  
Growth Process ◽  
Institutional Environment ◽  
Real Gdp ◽  
Export Policies ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
Econometric Tests ◽  
The Relationship

<p>Mauritius and Tunisia stand out as two remarkable exceptions to the African economic growth experience. Since their respective independences in 1968 and 1956, both have achieved average real GDP per capita growth well in excess of three percent per year. Export policies featured highly in the developmental strategies of both countries as they transitioned through a dependency on agriculture into manufacturing and then services. What makes this comparison so interesting is that despite such similar success, Tunisia and Mauritius are fundamentally very different. This study comprises the first ever in-depth comparison of these two countries, presenting a qualitative analysis and then augmenting it with a comprehensive set of econometric tests. The focus is on the relationship between exports and economic growth, but the discussion explores the wider context in both countries. Using the Granger-causality approach, we find strong evidence for export-led growth in Mauritius, but no significant evidence of any causal relationship in Tunisia. On the basis of a broader analysis we argue that exports were still important in both countries, but appear to have been more central to the growth process in Mauritius. This broader analysis also highlights that other factors – such as a strong institutional environment – were important in facilitating or directly contributing to such consistent growth.</p>

Measuring the Impact of Tourism on Economic Growth

2007 ◽  
Vol 13 (3) ◽  
pp. 379-388 ◽  
Author(s):  
Stanislav Ivanov ◽  
Craig Webster
Keyword(s):  
Economic Growth ◽  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Gdp Per Capita ◽  
Equilibrium Models ◽  
Computable General Equilibrium Models ◽  
Real Gdp ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
The Impact

This paper presents a methodology for measuring the contribution of tourism to an economy's growth, which is tested with data for Cyprus, Greece and Spain. The authors use the growth of real GDP per capita as a measure of economic growth and disaggregate it into economic growth generated by tourism and economic growth generated by other industries. The methodology is compared with other existing methodologies; namely, Tourism Satellite Account, Computable General Equilibrium models and econometric modelling of economic growth.

scholarly journals The sustainable development of the knowledge based economy in Lithuania

2014 ◽  
Vol 36 (4) ◽  
pp. 775-783
Author(s):  
Aurelija Čižauskaitė-Butkaliuk
Keyword(s):  
Sustainable Development ◽  
Information And Communications Technology ◽  
Growing Up ◽  
Environmental Innovation ◽  
The Sustainable Development ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Information And Communication ◽  
Effective Development

In this century the management of the country is in a dynamic, multiplicity and controversial environment. For their competitiveness is necessary to look for the interaction between the knowledgebased economy and the sustainable development. A strong correlation between those objects.forces scientists to analyze, create new evaluation methodologies. The aim of this study – to examine the role of importance between knowledge–based economy and sustainable development, create and calculate an integrated sustainable knowledge–based economy index of Lithuania and according to the results or research, make proposes for more effective development of Lithuania’s sustainable knowledge–based economy. The index consists of Socio-economic, environmental, innovation, human resources and information and communications technology sub–indices..The calculation showed that the development of a knowledge–based economy is not sustainable, because not all the development of sub–indices.is the same. The biggest positive changes taking place in information and communication technology, and negative – socio-economic areas. The sustainable development of the knowledge–based economy in Lithuania since 2010 is growing up.

scholarly journals IMPORTANCE OF PATENT AND INNOVATION IN EDUCATIONAL INSTITUTIONS

2015 ◽  
Vol 3 ◽  
pp. 271-275 ◽  
Author(s):  
Mario Al Kassiri ◽  
Tatiana Čorejová
Keyword(s):  
Economic Growth ◽  
Educational Institutions ◽  
Foreign Investors ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Innovation Projects ◽  
Start Ups

This articles discusses the importance of converting knowledge into realizable output, which can subsequently be patented. Patenting, in itself, is already the result of a completed and difficult process. The importance of patenting is not only advantageous for the author patent, but also for the whole society and knowledge-based economy. In this article, we explain not only the effect of patenting on the economy as a whole, along with its advantages, but also possible acceleration in process of patenting. Universities rely on the important aspect of innovation and patenting, whereas innovation and patenting alone support the economic growth. Lack of projects covering patenting process may cause less outputs of innovation. Projects which support the development of innovation and start-ups have big potential in reducing unemployment and increasing the motivation of new foreign investors.

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