scholarly journals INTERNATIONAL TRADE IN ICT SERVICES: THE CASE OF UKRAINE

2020 ◽  
Vol 113 (6) ◽  
pp. 107-122
Author(s):  
KRASNIKOVA Nataliya ◽  
DZYAD Olena ◽  
HRECHYN Kyrylo
Keyword(s):  
International Trade ◽  
Positive Impact ◽  
Information And Communications Technology ◽  
Added Value ◽  
It Services ◽  
Export Sector ◽  
Goods And Services ◽  
Support For Innovation ◽  
Geographical Regions ◽  
The Impact

Background. Today, the information and communications technology (ICT) sector is one of the most dynamic sectors of the world economy. Since IT services are the second largest export sector in Ukraine, the study of the impact of international trade in ICT services on economic growth becomes relevant. Analysis of recent research and publications. Numerous papers have shown the positive impact of international trade in ICT goods and services on production volumes, employment and productivity of national economies. In particular, UNCTAD data show that the ICT services sector shows an increase in employment and international trade in all geographical regions and provides most of the added value in the ICT sector. The aim of the article is to study the impact of international trade in ICT services on the development of economies of different levels of development, taking into account national policies of ICT sector, and to develop recommendations for Ukrainian policy of ICT sector, taking into account the experience of analyzed countries. Materials and methods. The information base for the study was data from UNCTAD, OECD, Eurostat, and the State Statistics Service of Ukraine. Methods of statistical, structural, regression, comparative analysis are used. Results. Regression analysis was used to identify the relationship between GDP and the volume of exports and imports of ICT services in the analyzed countries. The results showed that in order to ensure economic development through trade in ICT services, countries need to pursue a stimulating policy, which includes measures in three main areas: support for innovation (R&D funding and startup ecosystems); education and training of ICT specialists; and support for investments in ICT services (through preferential taxation and grant schemes). Conclusion. In order to support the growth of the national IT industry, the Ukrainian government is proposed to legalize existing schemes of cooperation of IT companies with private individuals, to avoid additional regulation of the industry, and to develop schemes to financially support innovation in science and business.

scholarly journals Global Production Networks, New Trade Technologies and the Challenge for International Institutions

2020 ◽  
Vol 55 (1) ◽  
pp. 21-41
Author(s):  
Richard Pomfret
Keyword(s):  
International Trade ◽  
New Technologies ◽  
Value Added ◽  
Information And Communications Technology ◽  
Policy Implications ◽  
Production Networks ◽  
Global Production Networks ◽  
Goods And Services ◽  
International Transactions ◽  
The Impact

In the twenty-first century, production processes and international trade in goods and services are being revolutionized by developments in information and communications technology. For many products, global production networks have rendered the label Made in Country X meaningless. With an increasing number of services, both for end-users and as inputs, being provided online, it becomes increasingly difficult to locate where value-added is being produced. This article seeks to document the impact of new technologies on international trade and to analyse the policy implications at the national and global level. A turning point is identified in the mid-1990s; up to 1995 there is no statistically significant relationship between internet usage and trade, but after 1997 the relationship is statistically significant. Use of the internet reduced trade costs, increased the size of trade flows and permitted greater fragmentation along global value chains. It also created opportunities for new international transactions, for example, based on ‘big data’. The article concludes with analysis of attempts to reach WTO agreements with respect to e-commerce and digitalization and of alternative fora in which these issues are being addressed, and relates the outcomes to the phenomenon of mega-regionalism. JEL Codes: F02, F68, 038

scholarly journals International Trade and Foreign Direct Investment as Innovation Factors of the U.S. Economy

2014 ◽  
Vol 41 (1) ◽  
pp. 60-75
Author(s):  
Tomasz M. Napiórkowski
Keyword(s):  
Foreign Direct Investment ◽  
International Trade ◽  
Direct Investment ◽  
Positive Impact ◽  
The United States ◽  
Annual Data ◽  
Main Portion ◽  
The Impact ◽  
Total Impact ◽  
The U.S

Abstract The aim of this research is to asses the hypothesis that foreign direct investment (FDI) and international trade have had a positive impact on innovation in one of the most significant economies in the world, the United States (U.S.). To do so, the author used annual data from 1995 to 2010 to build a set of econometric models. In each model, 11 in total) the number of patent applications by U.S. residents is regressed on inward FDI stock, exports and imports of the economy as a collective, and in each of the 10 SITC groups separately. Although the topic of FDI is widely covered in the literature, there are still disagreements when it comes to the impact of foreign direct investment on the host economy [McGrattan, 2011]. To partially address this gap, this research approaches the host economy not only as an aggregate, but also as a sum of its components (i.e., SITC groups), which to the knowledge of this author has not yet been done on the innovation-FDI-trade plane, especially for the U.S. Unfortunately, the study suffers from the lack of available data. For example, the number of patents and other used variables is reported in the aggregate and not for each SITC groups (e.g., trade). As a result, our conclusions regarding exports and imports in a specific SITC category (and the total) impact innovation in the U.S. is reported in the aggregate. General notions found in the literature are first shown and discussed. Second, the dynamics of innovation, trade and inward FDI stock in the U.S. are presented. Third, the main portion of the work, i.e. the econometric study, takes place, leading to several policy applications and conclusions.

scholarly journals DEMOGRAPHIC BONUS ANALYSIS AND ECONOMIC GROWTH OF EAST JAVA

2018 ◽  
Vol 2 (1) ◽  
pp. 8-21
Author(s):  
Amirusholihin ◽  
Listiono
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Demographic Variables ◽  
Spatial Inequality ◽  
Solow Model ◽  
Dynamic Panel Model ◽  
Goods And Services ◽  
Panel Model ◽  
Working Age ◽  
The Impact

BKKBN predicts that Indonesia will get demographic bonus in 2020 until 2030. The question is whether the demographic bonus has a positive impact on the economy of East Java or even a negative impact. Based on data from BPS, by 2015 the workingage population in East Java is around 69.4 percent of the total population, while the child and old-age is 30.6 percent. The size of the working-age population is closely related to the amount of labor, which also greatly determines the amount of output on goods and services produced. This paper aims to explain how the impact of demographic bonuses on East Java's regional economy, based on the Solow model extended to include demographic variables. The analysis uses a dynamic panel model by 38 districts in East Java that have demographic bonuses in 2020 with GDP as a reference in determining the growth of economists. From these analyzes it can be seen the impact of demographic bonuses in East Java as an advantage or even create new spatial inequality between regions.

How the Global Financial Crisis and International Trade Affected Corporate Decisions?

2021 ◽  
pp. 137-157
Author(s):  
Hasan Tekin
Keyword(s):  
International Trade ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Positive Impact ◽  
Institutional Setting ◽  
Financial Decisions ◽  
Corporate Decisions ◽  
The Global Financial Crisis ◽  
The Impact ◽  
Positive Effect

This chapter, first, draws an overview of the theoretical and conceptual framework of corporate decisions in the global financial crisis (GFC) context. Then, it shows the connectedness of corporate finance and international trade. Finally, employing a rich dataset, this chapter assesses the impact of international trade as well as the GFC on corporate financial decisions, particularly cash holdings, debt financing, and dividend payouts over the period 2002-2016. The findings show that international trade significantly affects corporate decisions. Firms with higher trade countries have higher debt level but lower cash and dividends across the globe. During the GFC, the positive impact of trade on debt shifts to negative. Also, trade has a positive effect on both cash and debt in the aftermath of the GFC. Taken together, international trade as an institutional setting influences corporate decisions and its role on cash, debt, and dividend differ during and after the GFC.

scholarly journals Impacts of Assimilating ATMS Radiances on Heavy Rainfall Forecast in RMAPS-ST

2020 ◽  
Vol 12 (7) ◽  
pp. 1147
Author(s):  
Yanhui Xie ◽  
Min Chen ◽  
Jiancheng Shi ◽  
Shuiyong Fan ◽  
Jing He ◽  
...  
Keyword(s):  
Heavy Rainfall ◽  
Initial Conditions ◽  
Positive Impact ◽  
Weather Prediction ◽  
Advanced Technology ◽  
Added Value ◽  
Rainfall Forecast ◽  
Hourly Rainfall ◽  
Radiance Data ◽  
The Impact

The Advanced Technology Microwave Sounder (ATMS) mounted on the Suomi National Polar-Orbiting Partnership (NPP) satellite can provide both temperature and humidity information for a weather prediction model. Based on the rapid-refresh multi-scale analysis and prediction system—short-term (RMAPS-ST), we investigated the impact of ATMS radiance data assimilation on strong rainfall forecasts. Two groups of experiments were conducted to forecast heavy precipitation over North China between 18 July and 20 July 2016. The initial conditions and forecast results from the two groups of experiments have been compared and evaluated against observations. In comparison with the first group of experiments that only assimilated conventional observations, some added value can be obtained for the initial conditions of temperature, humidity, and wind fields after assimilating ATMS radiance observations in the system. For the forecast results with the assimilation of ATMS radiances, the score skills of quantitative forecast rainfall have been improved when verified against the observed rainfall. The Heidke skill score (HSS) skills of 6-h accumulated precipitation in the 24-h forecasts were overall increased, more prominently so for the heavy rainfall above 25 mm in the 0–6 h of forecasts. Assimilating ATMS radiance data reduced the false alarm ratio of quantitative precipitation forecasting in the 0–12 h of the forecast range and thus improved the threat scores for the heavy rainfall storm. Furthermore, the assimilation of ATMS radiances improved the spatial distribution of hourly rainfall forecast with observations compared with that of the first group of experiments, and the mean absolute error was reduced in the 10-h lead time of forecasts. The inclusion of ATMS radiances provided more information for the vertical structure of features in the temperature and moisture profiles, which had an indirect positive impact on the forecasts of the heavy rainfall in the RMAPS-ST system. However, the deviation in the location of the heavy rainfall center requires future work.

scholarly journals Introducing E-portfolio Use to Primary School Pupils: Response, Benefits and Challenges

10.28945/2158 ◽  
2015 ◽  
Vol 14 ◽  
pp. 017-038 ◽  
Author(s):  
Dimitra Theodosiadou ◽  
Angelos Konstantinidis
Keyword(s):  
Primary School ◽  
Assessment Tool ◽  
Positive Impact ◽  
Added Value ◽  
Primary School Teachers ◽  
Educational Benefits ◽  
Regular Teacher ◽  
Primary School Pupils ◽  
Teacher Data ◽  
The Impact

Electronic portfolios (e-portfolios) have a positive impact on the learning process in a broad range of educational sectors and on learners of all ages. Yet because most e-portfolio-related studies are about their implementation in higher education, this type of research is less usual in the early childhood context, and there is no available research for Greek schools. This study aims to investigate the impact of e-portfolios on learning in a Greek primary school and to provide a resource regarding the educational benefits of e-portfolio in primary education. To do that, it employs the qualitative naturalistic method to collect data, along with mixed methods which were used to achieve triangulation and strengthen confidence in the outcomes. Participants in the research were fourteen 8-year-old pupils, and one of the researchers was their regular teacher. Data evaluation revealed that the e-portfolio added value in pupils’ learning, acted as a medium to involve parents, promoted pupils’ self-esteem, and was acknowledged as a valuable assessment tool and a challenge for the school community. Based on the experience of the e-portfolio implementation, the authors provide some suggestions that would possibly help researchers and primary school teachers adopt and develop e-portfolio systems in their particular settings.

scholarly journals FISCAL DYSFUNCTION OF VAT ELECTRONIC INVOICING IN UKRAINE

2019 ◽  
pp. 23-36
Author(s):  
Nataliya SYNYUTKA ◽  
Kateryna KRYSOVATA
Keyword(s):  
Agricultural Sector ◽  
Positive Impact ◽  
Tax Compliance ◽  
Value Added ◽  
Tax Collection ◽  
Scientific Methods ◽  
Goods And Services ◽  
Fiscal Efficiency ◽  
Tax Benefits ◽  
The Impact

Introduction. During 2014–2017 VAT electronic invoicing was adopted in Ukraine, which allows for the automatic exchange of tax data between taxpayers and tax authorities. It was estimated the positive impact of e-invoicing reform on gross sales and purchases, tax liabilities across all firms, tax compliance etc. Purpose. The purpose of the article is to study the impact of VAT e-invoicing on a fiscal efficiency of the tax. Methodological approaches to understand the essence and nature of the taxation of spending under the conditions of an innovative digital trend in society can be used to implement a fair fiscal policy in Ukraine. Methods. The author used scientific methods such as abstraction, deduction, comparison, analysis, systematization and others. It was used statistical data, data of tax authorities, data of the State Treasury Service of Ukraine. Results. It was established that e-invoicing in Ukraine increases VAT refund and improves its mechanism firstly. On the other hand, digital technologies positive effect on tax collection for imported goods and services in Ukraine. Despite that, the fiscal efficiency of VAT hasn`t increased. Conclusions. The lack of a positive impact of e- reform on value added tax collection in Ukraine was revealed. The main factors causing fiscal VAT dysfunction in Ukraine are: a significant shadow economy, the sale of goods and services to end-users using a simplified tax system, tax benefits for the rapidly growing agricultural sector, non-taxation of electronic goods and services. Digital tools, e-invoicing system should be supplemented by other reforms to improve revenue mobilization, enhance compliance.

scholarly journals Impact of Petroleum on SMEs Growth in Nigeria.

2014 ◽  
Vol 2 (2) ◽  
Author(s):  
Sam Tende ◽  
Ezie Obumneke
Keyword(s):  
Positive Impact ◽  
Unit Root Test ◽  
Petroleum Products ◽  
Goods And Services ◽  
Petroleum Price ◽  
The Government ◽  
Petroleum Refineries ◽  
Private Investors ◽  
Log Linear ◽  
The Impact

The study undertakes an empirical research on the impact of petroleum on small and medium scale enterprises (SMEs) development in Nigeria. The log linear error correction model was adopted to examine how petroleum price (PP), Imported petroleum (IMP) and domestically produced petroleum (DPP) had impacted on Nigeria’s SMEs. Unit root test was carried out on each of the variables to determine their level of stationarity. They were however found stationary after first difference (that is, they are all integrated of order one (I(1)), then it was safe to proceed with Johansen Cointegration Test. The integrated variables were then used for the regression analysis. The cointegration result showed that the variables used in the model have a long term, or equilibrium relationship between them. It was observed that from the analysis that PP and IMP were found to be statistically insignificant and both had negative relationships with SMEs development Nigeria, while DPP had a positive impact and is statistically significant. Due to the underproduction of the Nigerian petroleum refineries, the government had to resort to importation of the shortfall which also has its cost implications on its sales and distribution. Local manufacturers and farmers had to pay more for transporting their goods and services to the markets. Incessant price hikes of petroleum products have led to crisis and industrial actions led by some pressure groups in Nigeria which has caused distortion in the SMEs activities of Nigeria overtime The study thus recommends that the down-stream oil need to be deregulated to allow private investors come in to build in more refineries so as to produce the petroleum at a relatively lower cost to propel the growth of SMEs in the country.

scholarly journals The AEMET-<i>γ</i>SREPS over the Antarctic Peninsula and the impact of kilometric-resolution EPS on logistic activities on the continent

2020 ◽  
Vol 17 ◽  
pp. 209-217
Author(s):  
Sergi Gonzalez ◽  
Alfons Callado ◽  
Mauricia Martínez ◽  
Benito Elvira
Keyword(s):  
Boundary Conditions ◽  
Antarctic Peninsula ◽  
Positive Impact ◽  
Austral Summer ◽  
Added Value ◽  
Ensemble Prediction ◽  
Prediction Systems ◽  
Nwp Model ◽  
The Antarctic ◽  
The Impact

Abstract. Kilometric-resolution Ensemble Prediction Systems (EPSs) will be the new state-of-the-art forecasting tools for short-range prediction in the following decade. Their value will be even greater in Antarctica due to the increasingly demanding weather forecasts for logistic services. During the 2018–2019 austral summer (1 December–31 March), coinciding with the Southern Hemisphere Special Observation Period of the Year of Polar Prediction (YOPP), the 2.5 km AEMET-γSREPS was operationally integrated over the Antarctic Peninsula. In particular, the Antarctic version of γSREPS comes up with crossing four non-hydrostatic convection-permitting NWP models at 2.5 km with three global NWP driving models as boundary conditions. The γSREPS forecasting system has been validated in comparison with ECMWF EPS. It is concluded that γSREPS has an added value to ECMWF EPS due to both its higher resolution and its multi-boundary conditions and multi-NWP model approach. γSREPS performance has a positive impact on logistic activities at research stations and its design may contribute to polar prediction research.

scholarly journals The State regulation of Public Procurement in Ukraine in the Context of Reforms and Integration Processes

2021 ◽  
Vol 2 (517) ◽  
pp. 35-40
Author(s):  
O. I. Laiko ◽  
Keyword(s):  
National Economy ◽  
Public Procurement ◽  
State Regulation ◽  
The State ◽  
Added Value ◽  
The Public ◽  
Goods And Services ◽  
International Distribution ◽  
Procurement System ◽  
The Impact

The article is concerned with topical issues of the State regulation of public procurement in Ukraine in the context of reforms and integration processes. The conceptual principles of regulation of the public procurement system have been formulated, taking into account the requirements and challenges of modern processes of reforms of the national economy and the implementation of the European integration vector. The public procurement system is considered as a new institutional unit in the national economy – the market for goods and services to the State-owned institutions and organizations with the involvement of budgetary funds. The significance of the public procurement system for the country’s economy as an environment for financing and implementing entrepreneurial initiatives aimed at creating high-quality goods and services, which is characterized by volumes equal to 15% of GDP, is substantiated. The article is aimed at defining the theoretical-conceptual and applied principles of the State regulation of the public procurement system in Ukraine in the context of efficient implementation of reform goals and taking into account the impact and challenges from the active participation of the national economy in the international distribution of labor in the course of integration processes with the EU countries. The article defines the key directions of the State policy on the regulation of the public procurement system, which include: stimulating the economic development of the entrepreneurial sector and overall economic growth on the basis of sustainability and balance; support for the production of domestic goods and services with high added value; stimulation of production of goods and services using local resources; stimulating the creation by domestic producers of both goods and services of cooperation associations in order to use the opportunities for the distribution of labor to create more competitive products; supporting the formation of an economic basis for the development of territorial and economic entities in the regions of Ukraine. As for the above defined directions of the State regulation of the public procurement system in Ukraine, appropriate measures have been proposed, the implementation of which is expected to contribute to the strengthening of the national economy and does not contradict the provisions of ratified international agreements.

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