scholarly journals PENGARUH LIBERALISASI ARUS MODAL TERHADAP PERTUMBUHAN EKONOMI ASEAN-5

2020 ◽  
Vol 3 (2) ◽  
pp. 345-354
Author(s):  
Devilia Sitorus ◽  
Crisanty Sutristyaningtyas Titik
Keyword(s):  
Economic Growth ◽  
Significant Influence ◽  
Capital Flows ◽  
The Philippines ◽  
Financial Openness ◽  
Partial Adjustment ◽  
Adjustment Model ◽  
Partial Adjustment Model ◽  
Short And Long Term

This study aims to examine the relationship between capital flow liberalization and economic growth in ASEAN-5. This research is a quantitative study that uses data: GDP, Gross Capital Formation, financial disclosure seen from the Chinn-Ito index for the period 2000-2017 in 5 ASEAN countries namely Indonesia, Malaysia, the Philippines, Singapore, and Thailand. Data were processed using panel data regression analysis and specifically for Indonesia, Partial Adjustment Model (PAM) regression was performed. The results of this study indicate that financial openness seen from the Chinn-Ito index has a negative and significant influence on the economic growth of ASEAN-5 countries. Capital flows have a positive and significant impact on the economic growth of ASEAN-5 countries. Meanwhile, the PAM (Partial Adjustment Model) regression model shows that capital flows have a positive and significant influence on Indonesia's economic growth both in the short and long term, while financial openness has a negative and significant impact on Indonesia's economic growth both in the short and long term.

scholarly journals Does Financial Technology Affect Income Inequality in Indonesia?

2020 ◽  
Author(s):  
Birgitta Dian Saraswati ◽  
Ghozali Maski ◽  
David Kalug ◽  
Rachmad Kresna Sakti
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Partial Adjustment ◽  
Adjustment Model ◽  
Partial Adjustment Model ◽  
Determining Factors ◽  
Equal Income ◽  
Sustainable Economic Growth ◽  
The Impact ◽  
Financial Technology

Economic growth is insufficient to be a sole indicator of the population’s welfare. Specifically, high economic growth does not necessarily imply that the population is generally prosperous. Equal income distribution is crucial to achieving sustainable economic growth. Since 2000, the Gini index as a measure of income inequality in Indonesia showed an increasing trend. On the other side, financial technology 3.0 started to develop. This paper seeks to investigate the impact of fintech 3.0 development on income inequality in Indonesia and to identify the determining factors of income inequality in Indonesia. By using the partial adjustment model (PAM) with the observation period of 1990-2017, the study empirically shows that fintech 3.0 development that started in 2000 had a significant impact on income inequality in Indonesia. Besides, the investment variable also positively affect income inequality in Indonesia. Thus, the findings indicate that the Indonesian population did not equally utilize fintech development. Keywords: income inequality, financial technology, Indonesia, partial adjustment model

ISSUES OF THE RELATIONSHIP BETWEEN THE STATE BUDGET AND ECONOMIC GROWTH IN UZBEKISTAN

2021 ◽  
Vol 4 (7) ◽  
pp. 4-19
Author(s):  
Akmal Baltayevich Allakuliev ◽  
Keyword(s):  
Economic Growth ◽  
The State ◽  
Rate Of Return ◽  
State Budget ◽  
Macroeconomic Shocks ◽  
Dynamic Correlations ◽  
Short And Long Term ◽  
The Impact ◽  
The Relationship

The article examines the interaction of the country's GDP with the state budget in the short and long term, the impact of the macro-fiscal mechanism on the country's economic growth on the example of Uzbekistan.The aim of the study is to identify dynamic correlations between the country's state budget expenditures and the economic growth of the macro-fiscal mechanism in the short and long term, as well as to analyze the approximation or rate of return of GDP and the state budget to equilibrium during various macroeconomic shocks. and hesitation.The scientific novelties of the research are:

scholarly journals SOCIAL ECONOMY INDICATOR ON CONSTRUCTING FOREST SUSTAINABILITY IN BALI

2020 ◽  
pp. 17-26
Author(s):  
P. K.A. Sanjaya ◽  
I. P. Nuratama ◽  
G. I.S. Diputra
Keyword(s):  
Environmental Sustainability ◽  
Social Economy ◽  
Partial Adjustment ◽  
Forest Sustainability ◽  
The People ◽  
Partial Adjustment Model ◽  
Long Time ◽  
Economical Growth ◽  
United Nation

Forestry issue has ever been discussed in conference of United Nation Framework Convention on Climate Change about deforestation that happens because industrialization that oriented toward economical growth and ignores environment aspect that can cause global warming. In Bali, sustainability has been a pplied since long time ago. It can be proved by the existence of tumpek wariga that makes an appreciation respect directly to the plants is an embodiment of environmental sustainability as a manifestation of local wisdom. This is insufficient remember the fact that the condition of Bali's forests has been distorted. This analysis aims to know the simultaneous and partial influences and the most dominant determinants affecting forest sustainability. Within the lifetime data and analysis of adaptive partial adjustment model double log, this analysis found the fact that simultanousely and partially Domestic Product Regional Bruto, the amount of citizen, regional autonomy policy and forest sustainability condition on previous year has significant influence toward forest sustainability during the period of this analysis. The amount of citizen variable is the most dominant variable toward forest sustainability because it obtains the highest standardized of coefficient data of 0,292. Based on the analysis, result and discussion, forest have to be well maintained, conserved and utilized in balance for all the people prosperity in current generation and for the sake of next generation. Correct management needed for development sustainability especially in long-term capacity through internalization and negative externalization which caused by economical development 

scholarly journals Role of trade in natural rubber and palm oil in the composition of GDP in Ivory Coast

2020 ◽  
pp. 48-63
Author(s):  
Paul-Alfred Kouakou Kouakou
Keyword(s):  
Economic Growth ◽  
Natural Rubber ◽  
World Bank ◽  
Palm Oil ◽  
Ivory Coast ◽  
Ardl Model ◽  
Oil Exports ◽  
Augmented Dickey Fuller ◽  
Short And Long Term

Purpose. This paper discusses the effect of natural rubber and palm oil exports on economic growth in Ivory Coast from 1980 to 2016 using World Bank data. Methodology / approach. The analysis involved the use of Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) unit root tests and the ARDL model. Results. This paper discusses the effect of natural rubber and palm oil exports on economic growth in Ivory Coast from 1980 to 2016 using World Bank data. The analysis involved the use of Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) unit root tests and the ARDL model. The results of the study show that there is a positive and non-significant relationship between natural rubber exports and short-term economic growth. On the other hand, in the long term, they have a positive and significant influence on economic development. However, in the short and long term, palm oil exports have a positive and significant impact on gross domestic product. Finally, labour, investment and market opening have a positive and significant effect on economic growth in the short and long term respectively. Therefore, the Ivorian government needs to promote good agricultural practices and agricultural financing in order to increase the competitiveness of the Hevea –Oil palm sector. Originality / scientific novelty. Previous studies in natural rubber and palm oil focused mainly on its production, constraints to production and processing. However, very few studies on its effects on economic growth have been done so far. This study fills that gap. It expanded the existing literature and the subject of the causal relationship between natural rubber and palm oil exports and economic growth in Ivory Coast and shed light on required efforts to enhance the production and utilization of natural rubber and palm oil at larger scale to bring economic development in Ivory Coast. At last, the ARDL model is used to address this issue. Practical value / implications. The generated information will be useful to a number of organizations including: research and development, marketers, producers, policy makers, government and non-governmental organizations to assess their activities and improve their mode of operations, to help better guide the design and implementation of policies and strategies. Finally, knowing the existing relationship between natural rubber and palm oil exports and economic growth, together with impediments faced by natural rubber and palm oil exports, the study provides the various ways to improve these exports by increasing exports capacity of local producers. Research on this issue is too important to inform policymakers regarding resource allocation in the natural rubber and palm oil sector to achieve economic growth.

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