scholarly journals The Effect of Local Government Debt on Regional Economic Growth in China: A Nonlinear Relationship Approach

2019 ◽  
Vol 11 (11) ◽  
pp. 3065 ◽  
Author(s):  
Rubo Zhao ◽  
Yixiang Tian ◽  
Ao Lei ◽  
Francis Boadu ◽  
Ze Ren
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Spatial Model ◽  
Spatial Association ◽  
Spillover Effect ◽  
Private Investment ◽  
Government Debt ◽  
Regional Economic Growth ◽  
Nonlinear Relationship ◽  
Regional Economic

By drawing on the concept of sustainable economic development, this study advances the research on debt sustainability in the economic literature. We explore the correlation between local government debt and regional economic growth in 30 provinces in China. Previous studies have established that the development of economic growth between regions is not independent and we, therefore, investigate the spatial effect of regional economic growth due to the existence of a spatial spillover effect or spatial expansion among regions. Using Moran’s scatter plot, a Local Indicator of Spatial Association (LISA) map, and a semiparametric spatial model (SE-SDM), our results demonstrate the following: (1) the spatial agglomeration effect has a significant influence on regional economic growth; (2) the relationship between local government debt and regional economic growth presents nonlinear characteristics, rather than having an inverted U-shaped relationship; (3) the semiparametric spatial model more accurately characterizes in the nonlinear relationship between local government debt and regional economic growth compared to a basic regression model and the spatial Durbin model; and (4) when the scale of local government debt exceeds a certain level, economic growth will be suppressed by the crowding-out of private investment and the reduction of public expenditure.

scholarly journals Analysis of the Spatial Structure of Regional Enterprises and Its Impact on Regional Economic Development Based on the Data Envelopment Analysis Model (DEA)

2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Lei Wang ◽  
Yuan He ◽  
Tongwen Wang
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Spatial Structure ◽  
Spatial Association ◽  
Development Stage ◽  
Regional Economic Growth ◽  
Regional Economic ◽  
Economic Growth Rate ◽  
Urban Agglomerations ◽  
Evolution Characteristics

This paper adopts the data envelopment analysis (DEA) model to conduct an in-depth study and analysis of the spatial structure of regional enterprises and their impact on regional economic development and to apply the analysis of the impact between the two. Firstly, the concepts of urban agglomeration, regional spatial pattern evolution, and coordinated regional development and their connotations are explained to define the research topic of this paper. Then, we systematically analyze the theory of regional economic growth, development stage theory, spatial polarization theory, and regional spatial association theory and review the existing studies on regional economic growth, regional development stage, regional spatial association, and pattern evolution, as well as the efficiency and quality of regional economic growth, which further clarify the research focus and research ideas of this paper. The time evolution, spatial divergence, and spatial association characteristics of the economic growth rate of the central urban agglomerations are measured, then the DEA model and entropy value method are used to calculate the economic growth efficiency and economic growth quality of the urban agglomerations, respectively, the time evolution characteristics and spatial pattern evolution characteristics of the economic growth efficiency and economic growth quality are analyzed, and finally, the coupled model of regional economic growth rate, efficiency, and quality is constructed. Finally, a coordination model of the coupling of regional economic growth rate, efficiency, and quality is constructed and the time-series evolution characteristics and spatial-temporal divergence characteristics of the coupling coordination degree of the three are comprehensively analyzed, and the spatial classification of the coupling coordination type of each county unit is made. The direction and path of regulation for the optimization of spatial structure and coordinated spatial development of urban agglomerations are proposed, and finally, the leading factors for the reorganization of the regional economic spatial structure are analyzed, and the regulatory countermeasures for the optimization of the economic spatial structure of urban agglomerations are proposed according to the spatial structure of urban agglomerations and their evolutionary characteristics.

scholarly journals Regional economic growth based on tourism, tax policy, and budget aspects

2021 ◽  
Vol 24 (2) ◽  
pp. 211-236
Author(s):  
Dani Rahman Hakim ◽  
Siti Ratna Sari Dewi
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Structural Equation ◽  
Partial Least Square ◽  
Least Square ◽  
Regional Economic Growth ◽  
Equation Modeling ◽  
Regional Economic ◽  
Taxation Policy ◽  
Budget Policy

This study analyzes the determinants of regional economic growth and local government revenue (PAD) based on tourism, taxation, and budget policies in Kuningan District. This study uses the monthly data from 2015-2019 with 60 numbers of observations in total. Using the structural equation modeling partial least square (SEM-PLS), this study found that tourism, taxation, and budget policies directly affected regional economic growth. Neither does PAD affect regional economic growth nor mediate the indirect effect of tourism and taxation policies on economic growth. On the other hand, the budget policy can not moderate the influence of PAD on economic growth. This study also proves that the taxation policy reflected by the online-based tax collection system and the local tax increase budget positively affects PAD, while tourism can not affect it. This study implies that the local government of Kuningan need to focus on maximizing tourism sectors by directing the investment, budgets, and policies to develop its supporting industries.

scholarly journals Does the Expansion of Urban Construction Land Promote Regional Economic Growth in China? Evidence from 108 Cities in the Yangtze River Economic Belt

2018 ◽  
Vol 10 (11) ◽  
pp. 4073 ◽  
Author(s):  
Hualin Xie ◽  
Zhenhong Zhu ◽  
Bohao Wang ◽  
Guiying Liu ◽  
Qunli Zhai
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Yangtze River ◽  
Spillover Effect ◽  
Regional Economic Growth ◽  
The Yangtze River ◽  
Regional Economic ◽  
Construction Land ◽  
Urban Construction ◽  
The Impact

Since the reform and opening up, China’s economy has maintained rapid growth. At the same time, the process of urbanization in China has been accelerating and the scale of urban construction land has expanded accordingly. The purpose of the research is to explore whether there is an inevitable connection between the expansion of urban construction land and economic growth. This study uses 108 prefecture-level cities in the Yangtze River Economic Belt as an example. Considering panel data from 2005 to 2015, the spatial econometric model was used to explore the impact of urban construction land expansion on regional economic growth. The results are as follows: (1) The expansion of construction land in cities in the Yangtze River Economic Belt has a significant impact on economic growth but the extent of the impact is not as great as that of capital stock. (2) In the Yangtze River Economic Belt, the expansion of urban construction land in a certain area has not only a positive effect on the local economic growth but also a certain spillover effect and it can promote the economic development level of the adjacent areas in the economic belt. (3) Although the expansion of urban construction land along the Yangtze River Economic Belt promotes economic growth, there are obvious differences between regions. The expansion of urban construction land in the central region of the Yangtze River Economic Belt has a significant driving effect on economic growth. However, the expansion of urban construction land in the eastern and western regions has no significant effect on the economic growth of the respective regions. Finally, based on the above conclusions, this paper proposes corresponding policy recommendations for economic development in different regions. These research conclusions will also facilitate the follow-up of other researchers to further explore the driving factors of the economic development of many prefecture-level cities in the Yangtze River Economic Belt and the related mechanisms for the expansion of construction land to promote economic growth.

scholarly journals Pengaruh Pinjaman Daerah, Pendapatan Asli Daerah Terhadap Kemiskinan Dan Pertumbuhan Ekonomi Di Jawa Tengah

2018 ◽  
Vol 7 (3) ◽  
pp. 305-313
Author(s):  
Atika Nur Oktaviani
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Poverty Reduction ◽  
Regional Economy ◽  
Regional Economic Growth ◽  
Public Facility ◽  
Regional Society ◽  
Regional Economic ◽  
Central Java ◽  
Local Government Budget

Penyelenggaraan otonomi daerah memiliki tujuan untuk meningkatkan kesejahteraan masyarakat. Anggaran pinjaman daerah yang dilakukan pemerintah daerah sebagai upaya pembangunan fasilitas publik untuk mobilitas ekonomi masyarakat daerah sehingga dapat meningkatkan pertumbuhan ekonomi daerah. Tetapi peningkatan pertumbuhan ekonomi tidak sesuai dengan pergerakan penurunan kemiskinan. Hal ini berakibat terhadap perekonomian daerah. Oleh karena itu, perlu mengetahui  pengaruh pinjaman daerah, pendapatan asli daerah terhadap kemiskinan dan pertumbuhan ekonomi daerah 21 kab/kota di Jawa Tengah. Variabel penelitian ini yaitu pinjaman daerah dan pendapatan asli daerah sebagai variabel independen, Kemiskinan  dan pertumbuhan ekonomi sebagai variabel dependen. Jenis penelitian ini adalah kuantitatif dengan menggunakan analisis data panel. Hasil penelitian menunjukkan bahwa  terdapat pengaruh antara pinjaman daerah terhadap kemiskinan. Terdapat pengaruh antara pendapatan asli daerah daerah terhadap kemiskinan. Terdapat pengaruh antara pinjaman daerah terhadap pertumbuhan ekonomi. Tidak terdapat pengaruh antara pinjaman daerah terhadap pertumbuhan ekonomi.. The implementation of regional economy aims to improve public welfare. Local government budget had by local government is as an effort of public facility developments for economic mobility of regional society so that it is able to increase regional economic growth. However, the increasing of economic growth is not in accordance with the movement of poverty reduction. It has several impacts to regional economy. Therefore, it needs to know the influence of local government borrowing toward locally-generated revenue, poverty, and regional economic growth 21 kab/kota in Central Java. The research of variable local goverment borrowing and locally-generated revenue, poverty and economic growth as the dependent variable. Type of this research is quantitative using panel data analysis.The results showed that there is influence local goverment borrowing toward poverty. There is the influence of locally-generated revenue toward poverty. There is influence local goverment borrowing toward economic growth. There is no locally-generated revenue toward economic growth.

scholarly journals ANALISIS DETERMINAN KEMISKINAN DI SULAWESI SELATAN (DETERMINANT ANALYSIS OF POVERTY IN SOUTH SULAWESI)

2016 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Azwar Iskandar ◽  
Achmat Subekan
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Random Effect ◽  
Government Expenditure ◽  
Participation Rate ◽  
Regional Economic Growth ◽  
Regional Economic ◽  
South Sulawesi ◽  
School Participation ◽  
Local Government Expenditure

ABSTRAKPenelitian ini bertujuan untuk mengetahui determinan atau faktor-faktor yang mempengaruhi kemiskinan di Provinsi Sulawesi Selatan periode tahun 2010 sampai 2014. Data yang digunakan dalam penelitian ini berupa data sekunder dari publikasi data statistik Badan Pusat Statistik (BPS) Provinsi Sulawesi Selatan dan Direktorat Jenderal Perimbangan Keuangan (DJPK) Kementerian Keuangan Republik Indonesia. Data-data tersebut ditabulasikan ke dalam struktur data panel yaitu gabungan antara data yang berbentuk time series dan cross section dalam bentuk tahunan. Dengan teknik purposive sampling, penelitian ini menggunakan data 24 kabupaten/kota di Provinsi Sulawesi Selatan untuk kemudian dianalisis dengan metode teknik Analisis Regresi Data Panel dengan pendekatan Random Effect. Hasil empiris membuktikan bahwa seluruh variabel determinan yang terdiri dari pertumbuhan ekonomi regional, jumlah pengangguran, indeks kesehatan, angka partisipasi sekolah dan belanja daerah secara simultan berpengaruh signifikan terhadap jumlah kemiskinan di Provinsi Sulawesi Selatan. Sementara secara parsial, variabel pertumbuhan ekonomi regional berpengaruh positif dan tidak signifikan terhadap kemiskinan, sedangkan variabel-variabel lainnya yaitu pengangguran, indeks kesehatan, angka partisipasi sekolah dan belanja daerah berpengaruh negatif terhadap kemiskinan. Oleh karena itu, pemerintah kabupaten/kota di Provinsi Sulawesi Selatan diharapkan mampu menciptakan pertumbuhan ekonomi yang berkualitas dan bersifat inklusif, mampu meningkatkan fasilitas pendidikan dan fasilitas kesehatan secara merata tidak hanya terpusat pada satu daerah saja, serta meningkatkan pengawasan keuangan terkait pengeluaran atau belanja pemerintah kabupaten/kota agar tepat sasaran sehingga pengeluaran atau belanja pemerintah dapat terus berjalan efektif dan efisien dalam upaya pengurangan kemiskinan.Kata Kunci: kemiskinan, Sulawesi Selatan, data panel ABSTRACTThis research is aimed to analyze the determinant of poverty in South Sulawesi on 2010-2014 period. Using the annual data from Badan Pusat Statistik (BPS) and Direktorat Jenderal Perimbangan Keuangan (DJPK), the estimation applies the Panel Regression with Random Effect Model (REM) as analytical tool inorder to analyze the effect of regional economic growth, unemployment, healthy index, school participation rate and local government expenditure on poverty in South Sulawesi. The empirical results show that all determinant variables simultanously have a positive significant effect on poverty. Meanwhile, regional economic growth partially have a positive effect on poverty. The others such as unemployment, healthy index, school participation rate and local government expenditure partially have a negative effect on  poverty. Because of that matters, local government shall to create an economic growth inclusively, improve the health and education public infrastructures, and increase the supervision of expenditures tokeep going effective and efficient in the poverty reduction effort.Keywords: poverty, South Sulawesi, panel data

scholarly journals ANALISIS PENGARUH BELANJA PEMERINTAH, TENAGA KERJA, DAN PENDAPATAN ASLI DAERAH TERHADAP PERTUMBUHAN EKONOMI REGIONAL PROVINSI JAWA TIMUR TAHUN 2010-2015

2017 ◽  
Vol 15 (1) ◽  
pp. 71
Author(s):  
Avicenna S Hidayat ◽  
Frederic Winston Nalle
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Government Spending ◽  
Panel Data Analysis ◽  
Government Expenditure ◽  
Regional Economic Growth ◽  
Government Revenue ◽  
Regional Economic ◽  
The Government ◽  
Regional Product

Regional economic growth is expressed in the Gross Domestic Regional Product is a good indicator in analyzing the economic conditions of a region. East Java is a province with high regional economic growth. This is supported by adequate government spending, labor, and local revenue. In terms of government expenditure that always experienced increase, indicating more activities financed by the government budget so that the expected multiplier effect is also greater. On the other side of the labor force, East Java has great potential, 19, 36 million people by 2015. Finally, in terms of Original Local Government Revenue, in 2015 the percentage of realization of Original Local Government Revenue East Java is even able to exceed the percentage of realization of state revenues derived from taxes. This study aims to determine the effect of government spending, labor, and Original Local Government Revenue  on regional economic growth in 38 districts / cities in the Province of East Java period 2010-2015. Using panel data analysis, it was found that government spending, labor, and Original Local Government Revenue variables were positively and significantly influenced regional economic growth.

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