scholarly journals The Impact of China’s Urbanization Level on Household Consumption

2021 ◽  
Vol 72 ◽  
pp. 378-397
Author(s):  
Lin LI ◽  
Yanlong ZHU
Keyword(s):  
Consumer Demand ◽  
Household Consumption ◽  
Economic Transformation ◽  
Policy Recommendations ◽  
Government Investment ◽  
Urbanization Level ◽  
Trade Frictions ◽  
The Government ◽  
Impact Of Urbanization ◽  
The Impact

In recent years, household consumption has continued to be in the depression, which has restricted the healthy and sustainable development of the economy. With the deepening of the level of economic globalization, the current trade frictions are increasing, and export difficulties are expanding. The government investment to stimulate economic growth is not sustainable. Promotion of household consumption is the only way to achieve economic transformation. An important reason for the insufficient consumer demand is the lagging urbanization. This article focuses on the impact of urbanization development on consumer demand, which analyzes the effect and level of urbanization on household consumption. Based on the international experience in the development of urbanization, we try to give reasonable and orderly policy recommendations to promote urbanization.

scholarly journals Structural Transformation of Economy in Special Region OF Yogyakarta

2017 ◽  
Vol 19 (3) ◽  
pp. 360
Author(s):  
Nur Feriyanto
Keyword(s):  
Growth Rate ◽  
Structural Transformation ◽  
Development Planning ◽  
Economic Transformation ◽  
Economic Sectors ◽  
The Third ◽  
The Government ◽  
The Impact ◽  
The Relationship ◽  
Special Region

The first aim of this study was to determine the relationship between the growth rate of GRDP and the growth rate of sectors’ labor absorption in Special Region of Yogyakarta. The second objective was using the Esteban Marquillas’ Shift-Share analysis to prove whether there has been a structural transformation of the economy in Special Region of Yogyakarta during 2009-2014. The third aim was to determine the impact of economic sectors’ growth in Indonesia on the growth of aggregate GRDP in Special Region of Yogyakarta.  Results of this study were: (1) There were three conditions used to observe the relationship between the growth rate of GRDP and the growth rate of labor absorption in Special Region of Yogyakarta namely anomalous; regressive; and progressive. (2) The use of Esteban Marquillas’ Shift-Share analysis showed that in the area of Special Region of Yogyakarta there had been a shift in the economic structure from the primary sector to the secondary and tertiary sectors. (3) The economic sectors’ growth in Indonesia could lead to the growth of aggregate GRDP in Special Region of Yogyakarta as much as 539.53 billion IDR. Suggestions offered by this research are as follows: (1) policy making by the government related to development has to pay attention to the relationship between economic growth and unemployment rate. (2) Government has to address the economic transformation from primary to tertiary sectors; especially for development planning; and (3) government needs to focus on economic development for the dominant sectors of economy in DIY province.

scholarly journals The Impact of Tourism on the Local Economy in Malaysia

2018 ◽  
Vol 13 (12) ◽  
pp. 151 ◽  
Author(s):  
Chin-Hong Puah ◽  
Meng-Chang Jong ◽  
Norazirah Ayob ◽  
Shafinar Ismail
Keyword(s):  
Economic Growth ◽  
Capital Investment ◽  
Positive Impact ◽  
Economic Transformation ◽  
Tourism Industry ◽  
Local Economy ◽  
Sustainable Growth ◽  
Distributed Lag ◽  
The Government ◽  
The Impact

The local and international communities play an important role in the sustainable growth of the Malaysian tourism industry. The principle of sustainable growth in the tourism industry was proposed by the World Tourism Organization (WTO) in 1988. As the tourism industry is one of the largest and fastest growing industries in Malaysia, the government has poured considerable effort into promoting this industry consistent with the objective of the Economic Transformation Program (ETP) to transform from a resource-based economy to a service-based economy. This study aimed to test the hypothesis of tourism-led growth from Malaysia’s perspective. The tourism revenue earned by the government can be used to invest in industry to further promote economic growth in Malaysia. Hence, tourist receipts and capital investment in the tourism industry are important factors that can affect the nation’s economic growth. Utilizing Malaysian data from 1995 to 2016, the study employed the Autoregressive Distributed Lag (ARDL) approach to examine whether the tourism-led growth is valid in this study. Empirical findings indicated that both variables have a significant positive impact on economic growth and the hypothesis of tourism-led growth is accepted in Malaysia.

scholarly journals ЕФЕКТИВНІСТЬ СТВОРЕННЯ КЛАСТЕРНИХ СТРУКТУР НА СУЧАСНОМУ ЕТАПІ РОЗВИТКУ

2019 ◽  
Vol 123 (3) ◽  
pp. 90-98
Author(s):  
Любов Петрівна Хмелевська
Keyword(s):  
Planning Horizon ◽  
Economic Transformation ◽  
Managerial Decision ◽  
Recovery Capacity ◽  
Potential Synergy ◽  
Research Findings ◽  
The Government ◽  
Market Leadership ◽  
Labour Division ◽  
The Impact

This paper discusses the challenging issues of economic transformation processes and the government integration into the system of international labour division in the context of enhancing the competitiveness of national manufacturers. The multidimensional character of the above agenda in terms of increasing competition, instability of social and political factors, structural transformation of the global industrial system, the internationalization of business activities, etc. complicates the process of managerial decision-making and nudges companies to search for new methods of combining their efforts and capacities and enhance cooperation to survive or to gain market leadership. The research findings suggest that cluster-based cooperation of enterprises triggers a range of multiple effects, i. e. strategic, synergistic, innovative, economic, etc. These effects occur at different levels – the level of a certain unit, project, business entity, cluster or the national economy overall. To evaluate the impact of joint cluster-based activity of enterprises it is critical to take into consideration the following factors: long-term development factors consistency, redistribution of risks between partners, exchange of specific assets, production strategy balance and coordination, consolidation of financial assets. It is argued that the efficiency analysis should rely on the comparison of various characteristics of the two variants of participating companies’ development: they enjoy either full autonomy or act within the partnership framework. To study the practice of domestic integrated structures it is important to account for the financial recovery capacity of partners as well as their social efficiency components, to differentiate the planning horizon, focus on specific assets, i. e. the elements of potential synergy.

scholarly journals The Association between Urbanization and Depression among the Middle-Aged and Elderly: A Longitudinal Study in China

2020 ◽  
Vol 57 ◽  
pp. 004695802096547
Author(s):  
Shan He ◽  
Duo Song ◽  
Wei-yan Jian
Keyword(s):  
Longitudinal Study ◽  
Common Mental Disorders ◽  
Depression Scale ◽  
Epidemiological Studies ◽  
Depression Symptoms ◽  
Protective Effects ◽  
Middle Aged ◽  
Urbanization Level ◽  
Impact Of Urbanization ◽  
The Impact

Urbanization has been and will continue to be the mainstream trend of global population movement, including China. Depression is the most common mental disorders and the leading factor of disabilities. However, the impacts of urbanization on the depression occurrence are still unclear. This paper analyzed the data from 3 waves of the China Health and Retirement Longitudinal Study (CHARLS) with sample size as 8510 adults representing the middle aged and elderly group in China. Depression was identified and measured by the 10-item Center for Epidemiological Studies Depression Scale (CESD-10). Urbanization level was measured by population density, GDP per capita and secondary/tertiary industry as percentage to GDP in the China City Statistical Yearbook. The fixed effect regression model was used to explore the association between the changes of urbanization and depression. As result, depression is closely related to the urbanization, protective effects are found for 3 indicators above: The depression prevalence decreases while urbanization level increases (from lowest urbanization level to the highest: P < 0.01). Among the 10 depression symptoms, “Bothered”, “Reduced energy leading to diminished activity” and “Hopelessness” are the most significantly improved with urbanization. The impact of urbanization on residents’ mental health is a long-term, multi-factor interaction. Therefore we need to fully consider all possible influencing factors, and longer follow-up study to verify.

scholarly journals The Effect of Government Consumption and Government Investment as Intervening Variables to Growth in Indonesia

2020 ◽  
Vol 20 (2) ◽  
pp. 193-207
Author(s):  
Suparjito Suparjito ◽  
Julianus Johnny Sarungu ◽  
Albertus Magnus Soesilo ◽  
Bhimo Rizky Samudro ◽  
Erni Ummi Hasanah
Keyword(s):  
Economic Growth ◽  
Fiscal Policy ◽  
Budget Deficit ◽  
Partial Least Square ◽  
Analysis Tool ◽  
Government Investment ◽  
Government Consumption ◽  
The Government ◽  
Investment Spending ◽  
The Impact

Fiscal policy and monetary policy are the two macroeconomic policies used by the government and monetary authorities in order to create a stable economy. The budget deficit policy is one form of fiscal policy implemented by the government in order to realize a high level of economic growth, a controlled inflation rate and open up new job opportunities to reduce unemployment. The impact of the implementation of the budget deficit policy on the level of economic growth is a long debate. Neoclassical groups argue that the implementation of budget deficit policies is detrimental to the economy, as it lowers the rate of economic growth. Keynesian groups argue that the implementation of the budget deficit policy is very good for the economy, because it triggers the rate of economic growth by increasing the number of demand for goods and services through increased government spending. While the Richardian people argue that the implementation of budget deficit policy has no effect on the economy. The data used in this study is data from 1981-2014 which consists of budget deficit, government consumption, government investment and economic growth rate. The method of analysis in this research is using Partial Least Square-Path Modeling (PLS-PM) approach with SMART-PLS analysis tool which aims to analyze the direct and indirect influence of the implementation of budget deficit policy toward the level of economic growth through government consumption and government investment. The results show that the implementation of the budget deficit policy can increase economic growth through increased government investment spending. Keywords: budget deficits, government investment, government consumption, growth.

scholarly journals The Impact of the Covid-19 Pandemic on the Vietnamese Economy: A Comprehensive Assessment based on Data Analysis and Surveys

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 149-163
Author(s):  
Hoang Phuong Nguyen ◽  
Viet Duc Bui
Keyword(s):  
Implementation Process ◽  
Gdp Growth ◽  
Strong Impact ◽  
Policy Recommendations ◽  
Business Sector ◽  
Analysis And Synthesis ◽  
The Government ◽  
The Impact ◽  
Policy Solutions

For mankind, war always brings heavy devastation to people and property. In general, pandemic diseases are a factor causing mass death and much greater socio-economic devastation than war. Updating current news and analysis and synthesis initially shows that globalization has made the Covid-19 pandemic spread rapidly worldwide, unprecedented in history. At the same time, the Covid-19 pandemic had a strong impact on people's lives. This study aims to project the impact scenarios of the Covid-19 pandemic on the Vietnamese economy and provide some policy recommendations to limit negative economic impacts. The results of the study indicate that: (i) Q2 GDP growth of Vietnam is forecast to be around 2.0% over the same period and will even decline if a bad scenario occurs; (ii) If the pandemic is prolonged, the impact on the economy in general and the business sector, in particular, will be very serious. We recommend the government build a variety of economic policy scenarios ranging from short (support) to long term (rescue) to cope with the pandemic situation in Vietnam and other countries worldwide. The proposed policy solutions need to consider the delay in the issuance and implementation process to ensure timeliness and efficiency.

Brazil's Bolsonaro boost will rest on fiscal largesse

2020 ◽  
Keyword(s):  
Total Population ◽  
Consumer Demand ◽  
Content Type ◽  
Support Programme ◽  
The Government ◽  
The Impact

Significance Bolsonaro’s popularity gains come despite the impact of COVID-19 and an economy hit hard by the pandemic, a serious wildfire crisis and multiple scandals involving his family and government. The rise has been driven by the government’s Emergency Support programme benefiting nearly 67 million of the poorest -- almost one-third of the total population. Impacts Economy Minister Paulo Guedes, the standard bearer of economic orthodoxy in the government, may depart soon. The reduction in the emergency monthly stipend may hit consumer demand, hurting the recovery. Despite government promises, tax rises are on the cards.

scholarly journals Population Aging Can Aggravate Air Pollution: Evidence from China

2018 ◽  
Vol 11 (2) ◽  
pp. 41
Author(s):  
Hui Shi
Keyword(s):  
Air Pollution ◽  
Air Quality ◽  
Technological Innovation ◽  
Positive Impact ◽  
Population Aging ◽  
Household Consumption ◽  
Policy Recommendations ◽  
Fossil Energy ◽  
The Impact ◽  
The Relationship

Population, resources and environment have always attracted much attention from the society. Nowadays, pollution and population aging are urgent problems to be solved in China, and many scholars have found a strong correlation between pollution and aging. This paper constructs a KAYA model with aging variables, making an empirical analysis of the relationship between population aging and air pollution based on the panel data of 82 cities in China from 2011 to 2016. We found that population aging has a significant and positive impact on air pollution. 1% change of the population aging will lead to a 0.203% change in AQI. The deepening of China&rsquo;s aging level will lead to ineffective improvement of air quality and even lead to more serious air pollution. Then we make the further analysis of the impact mechanism of population aging on air quality, the results show that population aging could have a positive impact on air pollution by improving labor productivity, promoting technological innovation, increasing fossil energy consumption and the household consumption, and changing the structure of household consumption. At last, in order to improve the air pollution under the background of population aging, we put forward the policy recommendations according to the conclusion of this paper.

scholarly journals National Responses and Economic Strategies to Address COVID-19 in Saudi Arabia

2020 ◽  
Vol 55 (6) ◽  
Author(s):  
Mohammad Nurunnabi ◽  
Hisham Mohammed Alhawal ◽  
Reema Yousef Abdulla Al Bassam
Keyword(s):  
Saudi Arabia ◽  
Private Sector ◽  
Economic Transformation ◽  
A Value ◽  
Government Documents ◽  
Economic Strategies ◽  
Vision 2030 ◽  
The Government ◽  
The Impact

This study aims to explore national responses and strategies to address the challenges to Saudi Arabia during the COVID-19 pandemic. The study utilized various government documents, newspapers and local and international reports. This research finds that the Saudi government of thoroughly evaluated the circumstances and has announced a set of urgent moves amounting to 142 initiatives targeting individuals, private sector enterprises and investors, with a value exceeding SR 214 billion. The government has made significant efforts to keep employment and markets stable. This is one of the very first studies of the Saudi government’s response to the impact of COVID-19 on the private sector and the overall economy. The Kingdom seeks to support the private sector in order to achieve the goals that Saudi Arabia seeks in its economic transformation and in line with its Vision 2030.

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