scholarly journals Dependency Ratio, Foreign Capital Inflows and the Rate of Savings in Pakistan

1992 ◽  
Vol 31 (4II) ◽  
pp. 843-856 ◽  
Author(s):  
Ashfaque H. Khan ◽  
Lubna Hasan ◽  
Afla Malik

National savings are critically important to help maintain a higher level of investment which is a key determinant of economic growth. Although savings rates have fallen in many developing countries during the last two decades, Pakistan presents a unique picture of experiencing high rates of economic growth along with very low savings rates. In fact, the national savings rate of Pakistan is not only low compared to that in many countries with per capita income about the same as Pakistan's but it is even lower to that in some South Asian countries with lower per capita income. Pakistan's economic performance during the last three decades has been impressive. Real gross national product (GNP) has grown at an average rate of 6.0 percent per annum since 1960. The national savings rate, on the other hand, has fluctuated around an almost horizontal trend (15 percent) during the same period. Thus, Pakistan's saving performance and its overall economic performance appear to be incongruous. Although the low savings rates have become a major source of concern in recent years, not much attention has been devoted to highlight the key determinants of saving in Pakistan. In recent years, few studies have been done on this issue using both the time-series and cross-section data. Qureshi (1981); Abbot and DeRosa (1984) and Khan (1988) using time-series data have examined various determinants of household/national savings. Qureshi (1981) concentrated on economic determinants and found income and its rate of growth, the rate of return on financial assets and rate of inflation as key factors influencing household savings in Pakistan.

Media Ekonomi ◽  
2019 ◽  
Vol 25 (2) ◽  
pp. 147
Author(s):  
Soeharjoto Soeharjoto

<em></em><em><em>This study aims to determine the factors that affect Indonesia's non-oil exports to Japan. The variables used are imports, exchange rates, per capita income, inflation and non-oil exports of Indonesia to Japan</em>. <em>The analytical method used is regression analysis with data used for quarterly time series data from 2005-2016.</em> <em>The results are variable imports of raw and auxiliary materials, cycles, inflation, real Japanese GDP, and the population is able to explain Indonesia's non-oil exports to Japan by 31.3 percent. Imports, exchange rates, per capita income and inflation have a positive and significant effect on non-oil and gas exports to Japan.</em></em><em> </em>


2018 ◽  
Vol 22 (1) ◽  
pp. 19
Author(s):  
Sugeng Purwanto ◽  
Sugiharti Mulya Handayani

The objective of this research to analyze the effect of change in per capita income to the change in economic structure. The research using time series data for 10 years (1994-2003) with 1993 as the basic year. The data used in this research are The Special Region of Yogyakarta Gross Regional Domestic Product data, The spesial Region of Yogyakarta Export Value data, per capita income, labor data and other relevant data which support the research. Data was collected from Yogyakarta Central Bureau Of Statistic (BPS) and other relevant sources. The data was analyzed using regression analysis. The result of this research showed that primary sector are no longer as the primer sector of Special Region of Yogyakarta and a leap of economics structural changing from primary to tertiary sector.


Author(s):  
Erin Yulfitasari ◽  
Anton Bawono

The purpose of this study was to determine the effect of zakat, poverty, unemployment, and income per capita on the human development index in Central Java with economic growth as an intervening variable. This research is a quantitative research with secondary data taken from the Central Java Baznas and the BPS website. The data used is panel data, which is a combination of time series data from 2017-2020 and cross section data of 35 districts/cities. The population of this study is in districts/cities in Central Java with saturated sampling. The analysis tool uses eviews 9.0 with regression analysis selected fixed effect model. The results showed that zakat and poverty had a significant effect on HDI, while unemployment and income per capita had no significant effect on HDI. Then zakat and poverty have a significant effect on economic growth, while unemployment and per capita income do not have a significant effect on economic growth. But economic growth has a significant effect on HDI. Then, simultaneously the variables of zakat, poverty, unemployment, and income per capita have no effect on HDI with economic growth as moderating.


2021 ◽  
Vol 16 (1) ◽  
pp. 130-151
Author(s):  
Fernanda Andrade de Xavier ◽  
Aparna P. Lolayekar ◽  
Pranab Mukhopadhyay

We study the effect of revenue decentralization (RD) and expenditure decentralization (ED) on sub-national growth in India from 1981–1982 to 2015–2016 for 14 large (non-special-category) states. Our study provides evidence that both RD and ED play a defining role in India’s sub-national growth in this three-and-a-half-decade period. We use a panel data model with fixed effects (FE) and Driscoll and Kraay standard errors that control for heteroscedasticity, autocorrelation and cross-sectional dependence. To test for causality between growth and decentralization, we use the Granger non-causality test. The regression analysis is supplemented with the distribution dynamics approach. We find that: (a) While decentralization Granger-caused economic growth, the reverse causality effect of growth on decentralization was not significant; (b) Economic growth increased significantly after liberalization; (c) Decentralization, capital expenditure and social expenditure had significant positive impacts on economic growth; and (d) States that had high levels of decentralization also had high levels of per capita income, while states that had low decentralization also exhibited low per capita income.


2021 ◽  
Vol 4 (2) ◽  
pp. 125-144
Author(s):  
Andrew Phiri ◽  

The movie industry is increasingly recognised as a possible avenue for improving economic performance. This study focuses on film production and its influence on South African economic growth (per capita income and employment between 1970 and 2020). Our autoregressive lag distributive (ARDL) estimates on a loglinearised endogenous growth model augmented with creative capital indicate that the production of movies has no significant effects on long-run GDP growth, per capita GDP and employment. The baseline regressions find a short-run positive and significant influence of film production on per capita income and are devoid of long-run effects. However, re-estimating the regressions with interactive terms between movie production and i) government spending ii) foreign direct investment, improve the significance of film regression coefficients which all turn positive and significant, for government spending, and negative for foreign direct investment. Our results indicate that foreign investment crowds out domestic investment whilst government investment in movies is growth-enhancing.


2019 ◽  
pp. 1950014
Author(s):  
RONALD RAVINESH Kumar ◽  
SYED JAWAD HUSSAIN SHAHZAD ◽  
PETER JOSEF STAUVERMANN ◽  
NIKEEL Kumar

In this study, we examine the asymmetric effects of terrorism and economic growth in Pakistan over the period 1970–2016, while considering the role of capital per worker and structural breaks. We use the non-linear ARDL approach to establish the long-run association and to estimate the short-run and long-run effects accordingly. The results indicate the presence of asymmetries in both long and short run. Moreover, 1% decrease in terrorism results in an increase of per capita income by 0.02% in the long run and 0.001% in the short run. Assuming symmetry, the long run capital share is 0.47. In asymmetric relation, a 1% increase in capital share increases output by 0.55%, whereas a 1% decrease in capital stock decreases output by 0.26%. The break effects show that the years 1993 and 2004 have negative effects on growth. The vector error correction model-based causality results indicate a unidirectional causality from terrorism to per capita income. Overall, the results highlight that terrorism is growth retarding.


Author(s):  
Furqan Ali ◽  
Mohammad Asif

The rate of economic growth in India fluctuates with the world economic scenario. The developed countries being economically stable and highly advanced by technology, like U.S.A, France, Germany, Japan, and China faced the problem of economic crises. At the same time, the world comes to fluctuate their efficiency and empowerment to the leadership engagement in stabilizing the economy. In this paper, data taken from the Indian States as per capita income at the state level and compare it with all India average data. The Net State Domestic Product Per Capita Income (NSDPPCI), had taken on a current price for the short period 2011-2012 to 2016-2017. This paper compared the regional variation in state performance and compared the most riches states to inferior ones. The factors which affect economic performance are like stabilize the political stability in the state. We also focus comparison on the different political party announcements of the welfare scheme for the farmers and other poor people living in these states. Another factor like the level of education at states and center level, total population, and its growth rate, the public expenditure on the health sector. We measure income inequality, income distribution with the economic growth of India. KEYWORDS: Economic Growth; Inequality; Income Distribution; Political Stability.


2016 ◽  
Vol 1 (1) ◽  
pp. 26
Author(s):  
Adi Lumadya

The main objective of this study was to examine the influence of some economic variables that include market size proxied with income per capita, economic growth, and exports to the Foreign Direct Investment in the member countries of ASEAN-9. The analytical tool used is the Least Squares Regression (Ordinary Least Square) and Panel Data. In the Data Panel will look for similarities in effect is Fixed (Fixed Effect) and the effect is Random (Random Effect). The results of the analysis are: Based on the analysis of OLS concluded that the variable size of the market (market size) were proxied with Per Capita Income (GDPP), Economic Growth (EG), and exports (EG) significantly affects the Direct Foreign Investment. Based on the analysis of Panel Data with Fixed Effect Method concluded that the variable size of the market (market size) were represented with per capita income (GDP), Economic Growth (EG), and exports (EG) significantly affects the Direct Foreign Investment. Based on the analysis of Panel Data with Random Effect method concluded that the variable size of the market (market size) were proxied with per capita income (GDP), Economic Growth (EG), and exports (EG) significantly affects the Direct Foreign Investment. Keywords: Foreign Direct Investment, Fixed Effect, Random Effect


Sign in / Sign up

Export Citation Format

Share Document