A meta-analysis on the effects of internal migration on economic growth and convergence in the Indian states

2021 ◽  
Vol 18 (3) ◽  
pp. 305-317
Author(s):  
Sazzad Parwez ◽  
Manas Kumar Pedi

This paper examines the trajectory of internal migration and its impact on growth leading to convergence in India. The analysis is based on secondary data sourced from the Reserve Bank of India, Census and Economic and Political Weekly Research Foundation. It captures the data for a period of 20 years (1991-2011). An initial review indicates internal migration in the form of intra-state migration is very high compare to inter-state migration. The analysis of convergence/divergence suggests dispersion among states has increased in the concerned period. Similarly, absolute β-convergence indicate that rich states are growing faster than poor states. However, when conditional convergence is tested by various variables, conditional convergence among states is evident. However, migration and literacy rate as important indicator not producing the expected results, as migration which is expected to be negatively correlated to economic growth, is positive. The coefficient of the initial level of per capita income is found to be statistically significant, implying conditional convergence across Indian states during 1991-2011. Further, policy makers need to consider migration, literacy rate, investment, and population growth as means to reduce economic disparities among states. Moreover, migration should be encouraged for economic growth and broader convergence.

2014 ◽  
Vol 59 (02) ◽  
pp. 1450012 ◽  
Author(s):  
JAGANNATH MALLICK

This paper examines the club-convergence and conditional convergence of economic growth of the major 15 states in India over the periods from 1993–1994 to 2004–2005 by using dynamic fixed effect growth models. The result finds that there is club-convergence within the middle income states. There is also evidence of the convergence of per capita income among Indian states by conditioning private investment and public investment along with other factors of economic growth. This paper is innovative in separating the significance of private investment from the public investment in the long-run dynamics of income in Indian states. This paper suggests that regional disparity in income can be reduced by equitable allocation of private investment and equitable distribution of public investment.


ICT (Information and Communication Technology ) is the mostly discussed and observed subject matter now a days. In the all round progress of an economy , this sector has a key role to play. An economy cannot thrive well with proper information and communication technology. In driving the development of financial inclusion and sustainable development the role played by information and communication technology , cannot be overlooked. This infrastructure plays a crucial role ,enhancing the technical progress and thereby total productivity of the economy. Moreover previous findings have also showed a positive correlation of ICT on economic growth. This paper studies the role of ICT by using a multiple regression analysis. We have used mainly secondary data to arrive a logical conclusion. It is expected that this paper will help the policy makers and the researchers in analyzing and understanding the importance of financial inclusiveness for economic development.


2019 ◽  
Vol 5 (2) ◽  
pp. 25
Author(s):  
Sayed Ramez ◽  
Muhammad Farooq ◽  
Valliappan Raju

Afghanistan is the least developed country in Asia which is under war from the previous 20 years. After the end of the  partial war, many aspects of Afghan economy are improving, for instance, the GDP has advanced 2.5% from 2016 to 2017. However, Per Capita Income is very low, safety, health and education are the areas which needs improvement. The exports of Afghanistan are on the decline. The natural currency reserve of Afghanistan is decline despite having many mineral assets. One of the core apparent behind all these decline aspects is corruption in Afghanistan. As transparency international the corruption of Afghanistan has increased in 2017 compared to 2016. It is of the most corrupt countries in the world.  Due to war and less developments Afghanistan is least studied country. To fill this gap in this study the research has explored multiple secondary data source to review existing economic situation in Afghanistan.  After exploring the economy  of afghanstan the study also provides a conceptual framework  for future reseachers to review economic growth of afghanistan using given framework. The study is useful for the policy makers to improve policies and prosperity of the country by identifying the role of crime. 


Author(s):  
Zuzana Richterková ◽  
Petr Koráb

The aim of this study is to compute the overall effect size concerning the impact of insurance sector activity on economic growth. The connection of insurance activity and economic growth has been a widely investigated topic due to numerous papers and research attempts performed so far. The results, however, often differ among individual studies. Therefore a comprehensive analysis of the significance of causality from insurance activity, measured by insurance premium, to business cycle fluctuation, is well-required. Using 10 published and unpublished studies, we conduct a meta-analysis of the literature on the impact of insurance activity on economic growth. Insurance premium is taken as the measure of insurance activity. The combined significance test of individual t-statistics is employed. The calculation of the effect size allows understand the true effect relying on synthesis of so far published research with significantly higher amount of observations and better precision. Our results confirm positive effect of insurance activity on economic growth and are particularly important for policy makers who set the policy towards subjects in the insurance market.


2020 ◽  
Vol 5 (2) ◽  
pp. 151
Author(s):  
Erni Febrina Harahap ◽  
Luviana Luviana ◽  
Nurul Huda

<div class="WordSection1"><p><em>Economic growth is one of most important indicator in analyze the economic development in a state. This research purpose to analyze how much the influence of fiscal deficits, export, import, and total UMKM to Indonesian economic growth. The type of data used in this research is secondary data in the form of time series data and was obtained from some government institutions. The estimation method used is panel data regression with the fixed effect approach period 2010 - 2017. From the results of this research refer that fiscal deficit, import and total UMKM have a significant to Indonesian economic growth, while export not significant to Indonesian economic growth.</em></p></div><p>Pertumbuhan ekonomi merupakan salah satu indikator yang sangat penting dalam melakukan analisis pembanguan ekonomi di suatu negara. Penelitian ini bertujuan untuk menganalisis seberapa besar pengaruh defisit fiskal, ekspor, impor, jumlah UMKM terhadap Pertumbuhan Ekonomi Indonesia. Jenis data yang digunakan dalam penelitian ini adalah data sekunder yang berupa data <em>time series</em> dan diperoleh dari beberapa lembaga pemerintah. Metode estimasi yang digunakan adalah regresi data panel dengan pendekatan <em>fixed effect </em>periode 2010 – 2017. Dari hasil penelitian menunjukkan bahwa defisit fiskal, impor dan jumlah UMKM berpengaruh signifikan terhadap Pertumbuhan Ekonomi Indonesia, sedangkan ekspor tidak berpengaruh signifikan terhadap pertumbuhan ekonomi Indonesia.</p><p><strong> </strong></p>


2020 ◽  
Vol 39 (1) ◽  
Author(s):  
Adiqa Kiani ◽  
Ejaz Ullah ◽  
Khair Muhammad

The main objective of this study is to investigate the impact of poverty, globalization, and environmental degradation on economic growth in the selected SAARC countries. This study is employed panel Autoregressive Distributive Lag (ARDL) technique for empirical analysis using selected SAARC regions including India, Pakistan, Bangladesh, Nepal and Sri Lanka over the period of 1980 to 2018. Globalization impacts economic growth positively and significantly.  In addition to this the significant negative relationship is found between population and economic growth. The results show that poverty is positively related with environmental degradation. Furthermore, the results indicate that globalization is positively and significantly associated with environmental degradation in the SAARC region. Finally, the results show that urbanization is positive and significantly associated with environmental degradation, which could be the serious concerns for the policy makers to control.


2015 ◽  
Vol 12 (2) ◽  
pp. 110
Author(s):  
Baskoro Wicaksono

This study describes the border management policy conducted by the central government, provinceof East Kalimantan and Nunukan. Policies such as the establishment of regulatory, institutionalstrengthening, programs and infrastructure development. The policy is getting good responsefrom the elite and the masses. On the other hand policy makers have expectations of localcommunities border synergism Sebatik Island in order to build and develop the border areas so asto break the chain of dependence on Malaysia. The research was conducted in Sebatik Island,East Kalimantan province Nunukan with the formulation of the problem (a) what policies areoriented to maintain borders, (b) How is the public response to government policy, (c) What areyour expectations of policy makers in local communities to regional border. This study usedqualitative methods to phenomenological research strategy. Techniques of data collection in thisstudy using two ways, namely in-depth interviews and secondary data view Results indicate thatthe existing policy of both the central and provincial to district borders do not solve the problembecause it is made on the island of Sebatik with other border regions. The policy does not includelocal knowledge, where it is desperately needed by the people Sebatik. In addition to policies onprograms and infrastructure development of the center, the district adopted a policy of inactionagainst the illegal cross-border trade, which on the one hand against the rules but if enforced thenpeople can not perform economic activities that impact well-being. Policies like this gets a positiveresponse from the public. Expectations for the future border policy is to load local content orlocal knowledge.Keyword: border policy, local knowledge, dependent relationship


Author(s):  
Harun Bal ◽  
Shahanara Basher ◽  
Abdulla Hil Mamun ◽  
Emrah Akça

The contribution of exports to GDP in MINT countries that improve substantially just after their implantation of export promotion strategy in the late 1980s raises the issue of whether the growth in these countries is led by export or not. While a good number of studies have been found investigating whether economic growth is promoted by exports for developing countries having an outstanding share of export in GDP, no study investigating the export-led growth hypothesis for MINT countries has been found until recent times. The main purpose of this study is to fill up the void. The study employs panel cointegration technique with an aim to examine whether the export is the key factor of economic growth for MINT countries employing yearly secondary data that covers the period. Results of the study imply that economic growth of these countries is considerably exports driven. Moreover, there is an indication of improvement of efficiency as exports work along with the rise capital formation. As the employment opportunity of an economy is expanded through capital formation, the emerging MINT countries endowed with large population and favorable demographics are expected to become the major exporters with strong GDP growth by being able to attract adequate foreign investment.


2018 ◽  
Vol 10 (3(J)) ◽  
pp. 74-83
Author(s):  
Lerato C. Bapela ◽  
Collins C. Ngwakwe ◽  
Mokoko P. Sebola

This paper evaluated the relationship between water infrastructure financing and water provision in South Africa. The research followed a quantitative research design; secondary data for water infrastructure financing and water provision in South Africa was obtained from the Trans - Caledon Tunneling Agency (TCTA) and the World Bank for the period 1994 - 2014 . The regression results indicated two separate findings which offers unique contribution to the current literature; results from water asset finance as a single independent variable on water provision showed a significant relationship. However, an addition of two control variables , corruption and violence, neutralised the effectiveness of water asset finance on water provision to the extent that water asset finance became less significant with a P value of 0.05. The paper makes a nuance contribution from the findings, which specifically is that finance alone may not deliver target water provision if corruption and violence is left unbridled. The paper thus recommends the need for public policy makers to control the rate of corruption and violence to enable effective application of water infrastructure finance in water provision. The paper also recommends the need for further research on other government departments to integrate corruption and violence as control variables. 


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yusniliyana Yusof ◽  
Kaliappa Kalirajan

PurposeThe study contributes to the aim of regional development policy in reducing regional disparities, by examining the spatial balance in socioeconomic development across the states of Malaysia based on composite development index (CDI). Besides, the study has attempted to understand the issues in the development gaps across Malaysian states by evaluating the factors that explain the variation in economic growthDesign/methodology/approachThis study uses three-stage least squares (3SLS) and bootstrap sampling and estimation techniques to examine the factors that explain the variations in the growth of development across the states in Malaysia. The analysis involves 13 states in Malaysia (Johor, Melaka, Negeri Sembilan, Pulau Pinang, Perak, Perlis, Selangor, Kedah, Kelantan, Pahang, Terengganu, Sabah and Sarawak) from 2005 to 2015.FindingsThe pattern in the spatial socioeconomic imbalance demonstrates a decreasing trend. However, the development index reveals that the performance of less developed states remained behind that of the developed states. The significant factors in explaining the variation in growth across the Malaysian states are relating to agriculture, manufacturing, human capital, population growth, Chinese ethnicity, institutional factors and natural resources.Research limitations/implicationsThe authors focused on Malaysian states over the period between 2005 and 2015. The authors encountered some limitations in obtaining relevant data such as international factors and technological change that might also explain the variation in economic growth as the data on these variables are not reported at the state level. Moreover, the data on GSDP by sector was only available from the year 2005. Second, the study is based on secondary data. Future studies might examine the factors that contribute to the development gap across Malaysian states through interviews or questionnaires and compare the findings with the existing results. Despite its limitations, this study contributes to the existing literature that emphasizes on spatial balance of socioeconomic in a developing country, focusing on Malaysian states.Practical implicationsThese findings provide guidance for policymakers by understanding key potential areas to reduce the disparity in economic growth across Malaysian states by understanding their impact on the growth.Originality/valueThis study employs different method of 3SLS and bootstrap sampling and estimation techniques in examining the factors that explain the variations in the growth of development across the states in Malaysia.


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