scholarly journals Impact of Foreign Aid on Economic Growth of Pakistan

2019 ◽  
Vol 2 (1) ◽  
pp. 18-25
Author(s):  
Pooja Pohwani ◽  
Javad Raza Khoso ◽  
Waqar Ahmed
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Foreign Aid ◽  
Linear Regression Analysis ◽  
Government Expenditure ◽  
Domestic Product ◽  
Dependent Variables ◽  
Domestic Savings ◽  
Impact Data ◽  
The Impact

This study focuses to find out the impact of foreign aid on economic growth of Pakistan. Since Pakistan is among the countries who receive high amount of foreign aid therefore this research aims to find out its impact on economic growth of Pakistan. Gross Domestic Product has been used as a proxy of economic growth of Pakistan. Other variables include foreign aid, which is independent variables and dependent variables includes government expenditure, domestic savings, and Gross Domestic Product. To find out this impact, data on all the above mentioned variables is collected for the period of 25 years that is from year 1991 to 2015. Results from Linear Regression Analysis shows that foreign aid has no significant impact on government expenditure, domestic savings and Gross Domestic Product.

scholarly journals The Effect of Unemployment Rate on the Gross Domestic Product in Nigeria (A Bayesian Approach)

2021 ◽  
Author(s):  
Victor Agboli
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Gross Domestic Product ◽  
Positive Impact ◽  
Linear Regression Analysis ◽  
Domestic Product ◽  
Policy Recommendations ◽  
Bayesian Linear Regression ◽  
The Impact ◽  
The Relationship

This study investigates the impact of unemployment on the Gross Domestic Product (GDP) of Nigeria for a period of 28 years (1990-2018). The study focuses on the relationship between unemployment and economic growth in Nigeria (GDP). The method used in this study is the Bayesian Linear Regression Analysis, the major findings were that unemployment has a positive impact on the economic growth of Nigeria. Some suggestions and policy recommendations were made based on the findings.

scholarly journals Are Business Regulations Improving Economic Growth? Case Study between ASEAN and European Union

2021 ◽  
Vol 9 (1) ◽  
pp. 44-53
Author(s):  
Karuniana Dianta Arfiando Sebayang ◽  
Belinda Febrina
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Gross Domestic Product ◽  
Quantitative Research ◽  
Domestic Product ◽  
The European Union ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
Business Regulations ◽  
The Impact

Economic activities require a transparent regulatory and policy environment that is accessible to all levels of society. This study aims to explain the impact of ease of doing business on economic growth in both ASEAN and the European Union since doing business indicators applied globally. Gross Domestic Product is used as a proxy variable for economic growth as Gross Domestic Product is an indicator to measure economic growth. This study uses a descriptive quantitative research model and uses multiple regressions to determine the effect of ease of doing business on economic growth in ASEAN and the European Union by comparing the result of each ASEAN and European Union. In this study it was found that in ASEAN, there are four indicators of doing business have significant impact to economic growth, while in the European Union five indicators have significant impact to economic growth.  

scholarly journals Remittances Impact on Economic Growth, Domestic Savings and Domestic Capital at the Presence of ODA and FDI in Selected MENA Countries

2016 ◽  
Vol 3 (2) ◽  
pp. 26 ◽  
Author(s):  
Mahmoud Mohammed Sabra
Keyword(s):  
Economic Growth ◽  
Negative Impact ◽  
Positive Impact ◽  
Government Expenditure ◽  
Host Countries ◽  
Mena Countries ◽  
Domestic Capital ◽  
Domestic Savings ◽  
Seeking Behavior ◽  
The Impact

<p>This article investigates the impact of remittances on economic growth, investment and domestic savings in selected MENA labor exporting countries. The estimations have been done in the presence of other international capital inflow, which are foreign aid and foreign direct investment. A multiple equations model estimated simultaneously using different techniques. We found a positive impact of remittances on both growth and investment, meanwhile a negative impact on domestic savings. Aid impacts negatively on both growth and savings where it finance consumption instead of investment and enhance rent seeking behavior. Government expenditure and FDI are important source of growth. We recommended that policies for encouraging final use of productive investment of remittances. In addition, enhancing more project of migrant in home country that may facilitate their trade with host countries. Finally, more efficient allocation of aid is requires, and attracting more FDI.</p>

scholarly journals Impact of Trade Liberalization on Economic Growth of Nepal

2019 ◽  
Vol 8 ◽  
pp. 136-148
Author(s):  
Ramesh Bahadur Khadka
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Gross Domestic Product ◽  
Trade Liberalization ◽  
World Bank ◽  
Trade Balance ◽  
Trade Openness ◽  
Domestic Product ◽  
Total Trade ◽  
The Impact

Trade openness has been considered as an important determinant of economic growth. It has been witnessed during the past couple of decades that international trade openness has played a significant role in the growth process of both developed and developing countries. International organizations such as Word Trade Organization, International Monetary Fund and World Bank are constantly advising, especially developing countries, to speed up the process of trade liberalization to achieve high economic growth. In this context, this paper aims to analyze the impact of trade liberalization on economic growth of Nepal. For this purpose, all the data regarding gross domestic product, export, import, total trade, trade balance of Nepal from 1980 A.D. to 2013 A.D. published by World Bank (2014) were used. Both descriptive as well as inferential statistics were used to analyze the data. Correlation analysis was used to find the correlation between the selected variables. Multiple linear regression analysis was carried out to analyze the impact of the trade liberalization in economic growth of Nepal. Trade cost does not explain any influence in gross domestic product, export, import, total trade and trade balance. The impact of trade openness is positive for all variables except trade balance. Trade openness has influenced economy significantly; import increased with purchasing power, export also increased but service only. Therefore, there is gap in export and imports.

scholarly journals Impact of Domestic Industrial Output on Economic Growth in Nigeria

2021 ◽  
Vol 2 (1) ◽  
pp. 57-67
Author(s):  
Kazeem Fasoye ◽  
Abiodun Sunday Olayiwola ◽  
Kehinde Elizabeth Joseph
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Practical Implication ◽  
Industrial Sector ◽  
Domestic Product ◽  
Industrial Output ◽  
Domestic Production ◽  
Real Gross Domestic Product ◽  
Distributed Lag ◽  
Domestic Savings

Purpose: This paper examined the potential of domestic industrial output on economic growth in Nigeria. Approach/ Methodology/ Design: An Autoregressive Distributed Lag (ARDL) model procedure was employed for data analysis. Findings: The results revealed that the contribution of the domestic industrial output to economic growth was appalling which was necessitated by the worrisome image of “Made-in-Nigeria” goods. It was also showed that the results that domestic industrial output and domestic savings have positive relationships with real gross domestic product (RGDP) in the long run. This implies that a rise in the level of each of domestic output and domestic savings necessitated an increase in real gross domestic product (RGDP). Practical Implication: The implication presented in this study is related to the concerned authorities. The results indicate the need for diverse domestic production in order to achieve a healthy competition in the industrial sector in the country. Originality/Value: The study innovates by employing various statistical tools for exploring the effect of domestic industrial output on economic growth. The significant contribution of this study is in identifying that domestic production in Nigeria has been lagged behind in terms of output performance in the economy.

scholarly journals An Econometric Assessment of the Impact of Exchange Rate Depreciation on Inflation in Nigeria (1981-2017)

2019 ◽  
Author(s):  
Kenneth Apeh ◽  
Abubakar Muhammad Auwal ◽  
Nweze Nwaze Obinna
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Inflation Rate ◽  
Government Expenditure ◽  
Domestic Product ◽  
Economic Policies ◽  
Distributed Lag ◽  
Long Run ◽  
The Impact ◽  
Exchange Rate Depreciation

The present reality of the Nigerian economy is the fact that inflation has remained unabated in spite of all exchange rate measures that have been adopted by the monetary authority. This calls for investigation into the extent to which exchange rate impact on inflation in Nigeria. The research paper examined the impact of exchange rate depreciation on inflation in Nigeria for the period 1981&ndash;2017, using Auto Regressive Distributed Lag (ARDL) Bounds Test Cointegration Procedure. The research shows that inflation rate in Nigeria is highly susceptible to lagged inflation rate, exchange rate, lagged exchange rate, lagged broad money, and lagged gross domestic product at 5% level of significance. A long run relationship was also found to exist between inflation rate, gross domestic product and general government expenditure, indicating that the model has a self-adjusting mechanism for correcting any deviation of the variables from equilibrium. Therefore, this study concludes that exchange rate is an important tool to manage inflation in the country; thus, this paper recommends that policies that have direct influence on inflation as well as exchange rate policies that would checkmate inflation movement in the country, should be used by the Central Bank of Nigeria. Also, monetary growth and import management policies should be put in place to encourage domestic production of export commodities, which are currently short-supplied. In addition, policy makers should not rely on this instrument totally to control inflation, but should use it as a complement to other macro-economic policies.

scholarly journals The impact of direct and indirect taxes on economic growth: An empirical analysis related to Romania

2018 ◽  
Vol 12 (1) ◽  
pp. 114-127 ◽  
Author(s):  
Ramona - Mihaela Bâzgan
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Econometric Model ◽  
Positive Influence ◽  
Positive Change ◽  
Domestic Product ◽  
Medium Term ◽  
Vector Autoregressive ◽  
Indirect Taxes ◽  
The Impact

Abstract The purpose of this paper involved studying the impact of direct taxes and indirect taxes on the economic growth using an econometric Vector Autoregressive model (VAR) based on the statistical data related to Romania over the period of time 2009 (2nd quarter)-2017 (2nd quarter). Fiscal policy system involved a significant impact on the evolution of economic growth in the recent years in Romania, namely the years taken into consideration for this study. The econometric model used three endogenous variables, namely the level of direct taxes as percent of the Gross Domestic Product (%GDP), the level of indirect taxes as percent of the Gross Domestic Product (%GDP) and the economic growth rate over the analysed period of time. According to the econometric model presented in this paper, it was proved that a positive change in the structure of indirect taxes will have a strong positive influence on the economic growth over a medium-term period. On the other hand, economic growth will be negatively influenced in the next period of time after implementing a positive change in the structure of direct taxes, then returning to a positive influence over a medium term period and maintaining that influence in the future time periods.

scholarly journals Effects of the utilization of intellectual property by scientific researchers on economic growth in Mexico

PLoS ONE ◽  
2021 ◽  
Vol 16 (10) ◽  
pp. e0258131
Author(s):  
Luis Felipe Beltrán-Morales ◽  
Marco Antonio Almendarez-Hernández ◽  
Gerzaín Avilés-Polanco ◽  
David J. Jefferson
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Gross Domestic Product ◽  
Present Article ◽  
Positive Impact ◽  
Domestic Product ◽  
National System ◽  
Utility Models ◽  
The Impact

The present article examines the impact of intellectual property (IP) utilization and concentration on economic growth in Mexico. The findings presented center on the use of different forms of IP by researchers in the National System of Researchers (SNI in Spanish) of Mexico. We focus especially on the externalities associated with the use of IP by researchers, as well as on understanding how knowledge about, and utilization of IP relates to economic growth, as measured by gross domestic product (GDP). The results of our analyses indicate that in the context of the Mexican SNI, the utilization of certain forms of IP, specifically patents and industrial designs, had a positive impact on economic growth, while the use of utility models was negatively linked to drivers of growth. Policies based on these results could seek to foster awareness and utilization of particular forms of IP by SNI researchers, which in turn could result in greater economic growth in Mexico.

scholarly journals Using a Standard Model to Identify the Saving Determinants in the Kingdom of Saudi Arabia

2021 ◽  
pp. 32-41
Author(s):  
Tarek Ali Ahmed Abdallah ◽  
Mohammed Salah El-Din Abdel Aziz
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Gross Domestic Product ◽  
Growth Rates ◽  
Domestic Product ◽  
Positive Interaction ◽  
Factors Affecting ◽  
Coverage Ratio ◽  
Domestic Savings ◽  
Economic Growth Rates

Low savings are an important factor in low economic growth rates. Saudi Arabia faces many future challenges, e.g., maintaining the gross domestic product, improving economic growth rates, providing job opportunities, as well as decreasing unemployment and nationalization rates. Therefore, the present research paper aims to identify the most important factors affecting domestic savings in Saudi Arabia by building a simultaneous equations model to measure interactions and interrelations between variables using 3SLS. The results showed a significant positive interaction between variables. Increasing domestic savings by 1% increased local investment by 0.957%, whereas increasing the investment coverage ratio by 1% increased local investment by 0.971%. Moreover, increasing local investment by 1% increased gross domestic product by 0.136%, while decreasing the rate by 1% increased gross domestic product by 0.334%. Increasing population by 1% increased gross domestic product by 1.520%. In short, these factors conveyed high rates of response.

scholarly journals EVA and the Impact of the Macroeconomic Variables: Evidence from the Jordanian Manufacturing Companies

2016 ◽  
Vol 8 (1) ◽  
pp. 13 ◽  
Author(s):  
Imad Zeyad Ramadan
Keyword(s):  
Interest Rate ◽  
Gross Domestic Product ◽  
Government Expenditure ◽  
Domestic Product ◽  
Series Data ◽  
P Value ◽  
Manufacturing Companies ◽  
Significance Level ◽  
Macroeconomic Variables ◽  
The Impact

<p>This study aimed at examining the effect of macroeconomic variables on the performance of Jordanian manufacturing companies listed in Amman Stock Exchange expressed by EVA using unbalanced panel data pooled ordinary least square (OLS) regression model of all 77th Jordanian manufacturing companies listed at ASE for the period 2000-2014 resulting in 1085 firm-year observations connecting firm level and time series data set. This study has revealed that interest rate has statistically significant inverse effect on the performance of the Jordanian manufacturing companies (β=-0.064, p-value &lt;0.01).The results of this study have also revealed that Inflation (β=0.0945, p-value &lt;0.05) and Government expenditure ratio(β=0.0734, p-value &lt;0.05) have a statistically significant positive effect on the performance of the Jordanian manufacturing companies at the significance level &lt;0.05.Also, Gross domestic product(β=0.00395, p-value &lt;0.10) affects the performance of the Jordanian manufacturing companies at the significance level&lt; 0.10, and finally, the study has revealed that Money supply and the labor force indicator have no statistically significant effect on the performance of the Jordanian manufacturing companies. Basically, and depending on the results of this study, we can conclude that Economic Value Add (EVA) of the Jordanian manufacturing companies, as a proxy of the performance, is a function of Inflation, Interest rate, Government expenditure ratio and Gross domestic product.</p>

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