scholarly journals Factors Affecting The digital Development of The Economy in Western Sumatra

2018 ◽  
Vol 2 (2) ◽  
pp. 21-25
Author(s):  
Siti Rahmi ◽  
Poppy Fauziati ◽  
Erni Febrina Harahap ◽  
Neva Novianti
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Digital Economy ◽  
Skilled Workers ◽  
Factors Affecting ◽  
National Economic ◽  
Regression Test ◽  
West Sumatra ◽  
Digital Development ◽  
Digital Transactions

This study aims to provide empirical evidence about the analysis of digital economic development in West Sumatra in supporting national economic growth. The variables tested in determining supporting the development of the digital economy are variables that have an influence on national economic growth. The statistical method used to test the hypothesis of this study is the classical assumption and multiple regression test. The results of this study indicate that an increase in the number of E-entrepreneurship in Indonesia, especially in West Sumatra, is able to give a significant overall effect on national economic growth which is 0.002%. The hypothesis results indicate that the value of digital transactions has a significant effect on national economic growth, but the development of business and development the digital market is not yet significant because it is bigger than alpha 5%. This indicates that in the implementation there are still many challenges faced, especially related to the absorption of skilled workers and can support the e-entrepreneurship. Therefore, it is necessary to analyze the strength of e-entrepreneurship in the digital economy in order to encourage national economic growth.

scholarly journals ANALYSIS OF E-COMMERCE AND E-ENTREPRENEURSHIP CHALLENGES ON DIGITAL ECONOMIC DEVELOPMENT IN WEST SUMATRA IN SUPPORTING NATIONAL ECONOMIC GROWTH

2020 ◽  
Vol 8 (2) ◽  
pp. 808-814
Author(s):  
Siti Rahmi ◽  
Poppy Fauziati ◽  
Erni Febrina Harahap ◽  
Neva Novianti ◽  
Daniati Puttri
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Statistical Analysis ◽  
Industrial Revolution ◽  
Business People ◽  
Digital Era ◽  
National Economic ◽  
West Sumatra ◽  
Regression Tests ◽  
Descriptive Statistical Analysis

Purpose of study: This study aims to present empirical evidence about the analysis of e-entrepreneurship and e-commerce of digital economic development in West Sumatra in supporting national economic growth. Methodology: the hypothesis used in the statistical method of this study is to test the classical assumption and multiple regression tests and descriptive statistical analysis. Result: The results indicate that an increase in the number of E-entrepreneurship in Indonesia, especially in West Sumatra, provides a significant overall effect on national economic growth, the statistical result is 0.002% but the development of business people and the digital market developments haven't been significant because it is greater than alpha 5%. Application: In the digital era there are still many challenges faced, especially related to the absorption of skilled labor and can be supported e-entrepreneurship. Therefore, it is necessary to analyze the strength of e-entrepreneurship in the digital economy to increase income and encourage national economic growth. Novelty/Originality of this study: This research has never been studied before in West Sumatra and raises a developing theme of the technological advancements of the industrial revolution and the digital era that can enhance the economic growth of a region.

scholarly journals HO CHI MINH CITY ECONOMY IN RELATION TO THE VIETNAMESE ECONOMY AND FACTORS AFFECTING HO CHI MINH CITY ECONOMIC GROWTH

2014 ◽  
Vol 17 (3) ◽  
pp. 26-44
Author(s):  
Canh Nguyen Thi ◽  
Tuan Nguyen Quoc
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Secondary Data ◽  
Poverty Rate ◽  
Ho Chi Minh City ◽  
Small Contribution ◽  
Factors Affecting ◽  
Development Indicators ◽  
National Budget ◽  
Country Factors

This research paper is focused on analyzing situation of economic development in Ho Chi Minh City after nearly 30 years implementing economic reform policies in Vietnam to specify the position and role of Ho Chi Minh City economy in comparison with the whole nation’s. In this research, we applied qualitative method with data description and economic development indicators comparison. Data are secondary data which were obtained from Statistic Yearbooks of Vietnam and Ho Chi Minh City in periods 1990/2000/2005-2013. Results indicate that the Ho Chi Minh City economy remains the Vietnam’s largest which accounts for more than 20% GDP and a third of the national budget. The annual economic growth and average income per capita are 2-3% and two times higher than those of Vietnam respectively. The poverty rate is also the lowest in the country. Factors that positively affect the Ho Chi Minh City economic growth are capital and labor as reflected by higher productivity and efficiency (specifically Ho Chi Minh City’s ICOR is 1.5-1.78 times lower than Vietnam’s and laborproductivity is two times higher than that of Vietnam) and the greater contribution of the capital and labor factors to the economic growth. However, there are signals that Ho Chi Minh City economic growth is unsustainable, including (1) slower export volume and FDI; (2) reduced weight of industry sector, especially the slow growth of key high-technology disciplines; (3) the downgrading of the urban environment quality which reduces the green GDP growth; and (4) the gradual decrease of the total factor productivity (TFP) and its very small contribution to the Ho Chi Minh City economic growth. Based on the results, this paper suggests some solutions to a sustainable development for Ho Chi Minh City in the next period.

scholarly journals The mechanism of regulatory sandboxes for introducing digital innovations: the practice of implementing experimental legal regimes at national and supranational levels

2020 ◽  
Vol 15 (4) ◽  
pp. 130-138
Author(s):  
E. B. Zavyalova ◽  
D. D. Krykanov ◽  
K. A. Patrunina
Keyword(s):  
Economic Development ◽  
Descriptive Analysis ◽  
Legal Regulation ◽  
Digital Economy ◽  
Successful Implementation ◽  
Economic Activities ◽  
Digital Development ◽  
Effective Instrument ◽  
Pass Through ◽  
Legal Mechanism

Introduction. The legal mechanism of regulatory sandboxes is implemented in a number of countries to foster the development of the digital economy. Regulatory sandboxes act as a legal mechanism that allows introducing a special legal regime for new products and services and conducting experiments (with certain restrictions) with their practical usage without violating the national law. The national program “The Digital Economy of the Russian Federation” sets the goal of the development of digital innovations and the corresponding legal regulation. The implementation of transnational strategies of digital development for the EAEU, the CIS, BRICS is considered as a new challenge to the common economic development.Materials and methods. The research is based on the national and international legal acts as well as on national and international strategies of economic development. Among the methods used are comparison, generalization, qualitative and descriptive analysis and case-study method.Results. The study has identified the main forms of regulatory experiments that are implemented in the modern practice of public regulation. The paper proves that the various forms of regulatory experiments (including regulatory sandboxes) are an effective instrument of regulation of the digital innovations. The authors have found the main pass through technologies that are the object of experimental regulation in international practice. The paper sets the criteria for a successful implementation of the concept of supranational regulatory sandboxes that are implemented in several jurisdictions simultaneously.Discussion and conclusion. The study described the main patterns of implementation of regulatory sandboxes for digital innovations; the main characteristics of the regulatory sandboxes’ design were revealed; the general economic activities that can be enhanced by the instrument of regulatory sandboxes for digital innovations were defined.

scholarly journals Research on strategic emerging industries boosting high quality economic

2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Structure ◽  
Decisive Role ◽  
High Quality ◽  
Emerging Industries ◽  
National Economic ◽  
Countermeasures And Suggestions ◽  
Sustainable Economic Growth

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.

scholarly journals Influence of Tourism on Economic Development in Asian Countries

2020 ◽  
Vol 5 (2) ◽  
pp. 207-216
Author(s):  
Wen-Chuan FU ◽  
◽  
Chia-Jui PENG ◽  
Tzu-Yi YANG ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Global Economy ◽  
Tourism Industry ◽  
Asian Countries ◽  
Cross Sectional ◽  
Rate Fluctuation ◽  
National Economic ◽  
International Entry ◽  
The Relationship

Although the tourism industry has recorded the lowest pollution, it significantly contributes to the global economy. Therefore, many countries have spent great efforts in promoting their tourism industry to support their entire economic development. This article considers factors related to the relationship between national economic growth and international entry tourism for 11 Asian countries to investigate the existence of the cross-sectional difference between these countries. Results show that exchange rate fluctuation is an alternative factor affecting economic growth risk, and common slope exists between countries. Moreover, international entry tourist headcount and income show differential slope in some countries, implying that these factors affect the economies of different Asian countries differently.

scholarly journals UPAYA PENINGKATAN KESEJAHTERAAN PELAKU UMKM DI KECAMATAN LAWANG DENGAN PEMBIAYAAN MUDHARABAH PADA BANK SYARIAH MANDIRI KCP LAWANG

2020 ◽  
Vol 11 (2) ◽  
pp. 259-276
Author(s):  
Aslikhah
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Qualitative Method ◽  
Small And Medium Enterprises ◽  
National Economic ◽  
New Business ◽  
Strategic Role ◽  
National Economic Development ◽  
Data Collection Technique ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have an important and strategic role in national economic development. In addition to playing a role in economic growth and employment, MSMEs also play a role in distributing development resultsThe purpose of this research is to find out how the efforts to improve the welfare of MSMEs actors in Lawang sub-district through Mudharabah financing at Bank Syari'ah Mandiri KCP Lawang. The method used in this research is the qualitative method. The data collection technique is by observing, interviewing and documenting the stakeholders fram Bank Syariah Mandiri KCP Lawang, as well as MSMEs actors who receive mudharabah financing from BSM KCP Lawang.The results of this study indicate that mudharabah financing at Bank Syariah Mandiri KCP Lawang has a fairly central contribution in improving the welfare of micro and small business actors which is characterized by the presence of new business actors each year. This is a benchmark for the success of mudharabah financing products in the community and as a benchmark for the success of a banking product in increasing the productivity of financing products.

scholarly journals Ensuring Economic Growth through the Development of Digital Technologies in Uzbekistan

2021 ◽  
Vol 1 (1) ◽  
pp. 77-81
Author(s):  
Mirzakarimova Muyassar Muminovna ◽  
Narmanov Ulugbek Abdugapparovich
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
World Wide ◽  
Digital Technologies ◽  
Digital Economy ◽  
Gradual Transition ◽  
Economic Significance ◽  
Global Pandemic ◽  
Socio Economic Development

Development of the digital economy in the period of the global pandemic is one of the issues of strategic importance for Uzbekistan, like other countries, which determines its world-wide competitiveness, and through this, it shows that it is necessary to address the issues of socio-economic development of the country. The gradual transition to a digital economy in Uzbekistan will help solve many economic and promising problems and ensure economic growth. A number of issues and challenges have been addressed in terms of ensuring economic growth through the development of the digital economy and its economic significance.

scholarly journals ECONOMIC DEVELOPMENT UNDER REFORM AND WORLD INTEGRATION AND THE MAIN FACTORS INFLUENCING THE ECONOMIC GROWTH IN VIETNAM

2011 ◽  
Vol 14 (1) ◽  
pp. 5-27
Author(s):  
Canh Thi Nguyen ◽  
Son Hung Tran
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Quantitative Model ◽  
Poverty Rate ◽  
Living Standards ◽  
Capital Investments ◽  
Factors Affecting ◽  
Factors Influencing ◽  
Reform Period ◽  
Main Factors

The purpose of this paper was to give an overview of economic development under reform and world integration and to evaluate the main factors influencing the growth of the Vietnamese economy during the reform period (1990-2009). Based on statistical data on the Vietnamese economy in the period of 1990-2009, this study analyzed the factors affecting economic growth. The policy changes, economic development, poverty rates and living standards of Vietnamese population are analyzed over the reform period using qualitative methods. The results of this study show that economic growth under reform and world integration has reduced the poverty rate and increased living standards of population in Vietnam. An evaluation of the factors influencing economic growth is made using a quantitative model of total factor productivity (TFP) and another econometric model. The findings from this quantitative analysis show that the growth of the Vietnamese economy was determined by two factors: (1) capital investments, including foreign direct investment (FDI) and (2) the growth of exports. The results of these qualitative and quantitative analyses lay the foundation for policy recommendations for Vietnam Government to develop economy in the future.

scholarly journals Macroeconomics and development of seaport. Case of Vietnam

2021 ◽  
Vol 8 (2) ◽  
pp. 19-25
Author(s):  
Thi Hong Van Pham ◽  
Thi Mai Thom Do
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Statistical Data ◽  
Development Economic ◽  
Investment Efficiency ◽  
Integration Process ◽  
National Economic ◽  
Import And Export ◽  
National Economic Development ◽  
The Relationship

Seaport industry plays an important role in local and national economic development. The development of the seaport industry creates a competitive advantage, promotes international trade and speeds up the integration process of nations, especially in developing countries. Many studies have noted the importance of seaports to economic development. Economic development is also one of the crucial factors in seaport development. Economic growth will promote domestic production and improve investment efficiency. The development of import and export activities directly affects the supply of goods and the scale of operations of seaports; the increasing in industrial-agricultural output will increase the volume of goods, thereby promoting the seaport industry. This research analyses the relationship between economic growth, export-import operations, industry & agriculture to cargo through ports based on statistical data for the period 2000–2019. This study selects the case of Vietnam, a developing economy with a long coastline along with the country, and its shipping capacity ranked 4th in the ASEAN region.

Sign in / Sign up

Export Citation Format

Share Document