scholarly journals Which Sectors Really Matter for a Resilient Chinese Economy? A Structural Decomposition Analysis

2019 ◽  
Vol 11 (22) ◽  
pp. 6333 ◽  
Author(s):  
Xin Mai ◽  
Roger C. K. Chan ◽  
Chaoqun Zhan
Keyword(s):  
Real Estate ◽  
National Economy ◽  
Financial Services ◽  
Decomposition Analysis ◽  
Industrial Sector ◽  
Chinese Economy ◽  
Infrastructure Development ◽  
Structural Decomposition Analysis ◽  
Economic Sectors ◽  
Economic Resilience

This study explores the structural effect of economic resilience with a case of China by examining the extent to which the major economic sectors contribute to the relative resilience of China’s overall economy. By applying a time series analysis, we use the Hodrick–Prescott filter to delineate China’s national economy on a quarterly basis and reveal different performances in responding to two recent economic crises in 1997 and 2008. Using quarterly data pertaining to eight economic sectors (including agriculture, industry, and major service sectors) and the national GDP from 1993Q1 to 2017Q2, we examine their effects on China’s economic resilience by simulating the responses of the national economy to a unit shock from each sector. Results show that the construction, real estate, and financial services have the greatest potential to “disturb” the national economy whereas the industrial sector has the greatest potential to “stabilize” it. The findings correspond with the understanding that extensive infrastructure development and the real estate boom have driven China’s rapid urban development and created economic prosperity, whereas the sectoral decomposition of economic resilience compels a critical reflection on the risks of this growth model.

scholarly journals Structural change in the brazilian economy in the 2000s

2013 ◽  
Vol 17 (3) ◽  
pp. 452-467 ◽  
Author(s):  
Alexandre Messa
Keyword(s):  
Structural Change ◽  
Decomposition Analysis ◽  
Time Behavior ◽  
Production Structure ◽  
Structural Decomposition Analysis ◽  
Economic Sectors ◽  
Production Chain ◽  
Intermediate Consumption ◽  
Growth Differential ◽  
Technical Coefficients

This paper investigates the sources of structural change in the Brazilian economy in the 2000s. On that purpose, it uses the input-output structural decomposition analysis and introduces a method to correct the influence of prices on the time behavior of the technical coefficients, making them actually represent changes in the production structure. Results show that most of the growth differential between services and industry in that period was induced by the production structure: more precisely, by a lower intermediate consumption of domestic industrial inputs by the production chain of all economic sectors, concomitant with a higher intermediate consumption of services.

scholarly journals Analisis Sektor Ekonomi Unggulan di Kota Batu Tahun 2012-2018

2020 ◽  
Vol 4 (1) ◽  
pp. 165-179
Author(s):  
Nur Roni Faturohman ◽  
Wahyu Hidayat Riyanto
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Health Services ◽  
Real Estate ◽  
Financial Services ◽  
Economic Sectors ◽  
Location Quotient ◽  
Wholesale Trade ◽  
Education Services ◽  
Information And Communication

Economic development in Batu City cannot be separated from economic growth, while economic development encourages economic growth and vice versa economic growth accelerates the process of regional development. This study aims to determine the leading economic sectors in Batu City in 2012-2018. The results of the study are based on a combined analysis of Static Location Quotient (SLQ) and Dynamic Location Quotient (DLQ) obtained as sectors that are classified as leading economies, namely agriculture, mining, and fisheries, air procurement, construction, wholesale trade and trade, supply accomodation, real estate and other services. Mainstay economic sectors are the manufacturing sector, electricity and gas procurement, as well as transportation and warehousing. Prospective economic sectors are the information and communication sector, financial services and insurance, government administration, education services, as well as health services and social activities. And the lagging economic sector is the mining sector, and corporate services. Using Shift-Share (SS) analysis, the contributing sector is growing fast and is being developed for the manufacturing, construction, wholesale and retail, transportation and warehousing sectors, transportation, information and communication, financial services, real estate, corporate services, education services and health services. While the results of the analysis using the Klassen Typology sectors that are classified as fast-moving and fast-growing are the construction sector, wholesale trade and trade, the supply of goods and beverages, communication and information, and other services.

A Study on Investment Decision of Investors With Reference to Penetration of Mutual Funds in India

2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Ratish C Gupta ◽  
Dr. Manish Mittal
Keyword(s):  
Decision Making ◽  
Real Estate ◽  
Mutual Funds ◽  
Capital Markets ◽  
Mutual Fund ◽  
Financial Services ◽  
Investment Decision ◽  
Fund Industry ◽  
Mutual Fund Industry ◽  
The Impact

The Indian mutual fund industry is one of the fastest growing and most competitive segments of the financial sector. The extent of under-penetration in the market is a sore point with the financial services industry, with a large amount of savings being channelized into fixed deposits, gold and real estate rather than the capital markets. The mutual fund industry is yet to spread its reach beyond Tier I cities. The top fifteen cities contribute to 85% of the pie, with the remaining 15% distributed among other cities. The study seeks to determine the impact of decision making of investors on current situation of mutual fund industry.

MIDC Role in Infrastructural Development in Navi Mumbai

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Prashant H. Bhagat
Keyword(s):  
Industrial Development ◽  
Industrial Sector ◽  
Vital Role ◽  
The State ◽  
Infrastructure Development ◽  
Industrial Areas ◽  
Industrial Estates ◽  
Development Corporation ◽  
Set Up ◽  
Industrial Development Corporation

The BID (Board of Industrial Development) framed the legislation and it was introduced before the state legislation and passed in the form of Maharashtra Industrial Act which gave birth to Maharashtra Industrial Development Corporation (MIDC), as a separate corporation on August 1, 1962. The BID was the first personnel strength of MIDC. A small ceremony at Wagle Estate Thane, under the Chairmanship of the Chief Minister Shri Y.B. Chavan, marked the birth of MIDC on August 1, 1962. The Board of Industrial Development during its existence between October 1, 1960 and August 1, 1962 has done enough spade work to identify the locations for setting up industrial areas in different parts of the state. Thus, right in the first year of establishment MIDC came up with 14 industrial areas, to initiate action for infrastructure and help entrepreneurs set up the industrial units in those areas. Maharashtra Industrial Development Corporation is the nodal industrial infrastructure development agency of the Maharashtra Government with the basic objective of setting up industrial areas with a provision of industrial infrastructure all over the state for planned and systematic industrial development. MIDC is an innovative, professionally managed, and user friendly organization that provides the world industrial infrastructure. MIDC has played a vital role in the development of industrial infrastructure in the state of Maharashtra. As the state steps into the next millennium, MIDC lives up to its motto Udyamat Sakal Samruddhi i.e., prosperity to all through industrialization. Indeed, in the endeavor of the state to retain its prime position in the industrial sector, MIDC has played a pivotal role in the last 35 years. MIDC has developed 268 industrial estates across the state which spread over 52653 hectares of land. The growth of the Corporation, achieved in the various fields, during the last three years, could be gauged from the fact that the area currently in possession of MIDC has doubled from 25,000 hectares in 1995.

Socioeconomic effects of pension spending: evidence from Spain

2020 ◽  
Vol 47 (5) ◽  
pp. 599-617
Author(s):  
Fernando Bermejo ◽  
Eladio Febrero ◽  
Andre Fernandes Tomon Avelino
Keyword(s):  
Peer Review ◽  
Social Protection ◽  
Pension System ◽  
Decomposition Analysis ◽  
Value Added ◽  
Total Output ◽  
Alternative View ◽  
Input Output ◽  
Structural Decomposition Analysis ◽  
Content Type

PurposeThe purpose of this study is to provide broader understanding of the significant role that the pension system has in the Spanish economy by estimating the sectoral production, employment and income sustained by pensioners' consumption.Design/methodology/approachBased on input–output tables by the World Input–Output Database and consumption data from the Household Budget Survey by the Spanish Statistical Office, a demoeconomic model is applied to quantify the direct impacts, indirect impacts from interindustry links and induced impacts from income–consumption connections over a nine-year period (2006–2014). Then, the factors driving the evolution of total output, employment and value added during such period have been examined by using structural decomposition analysis.FindingsThe growing participation of consumption by pensioner households in final demand had proven crucial during the 2008 crisis to alleviate the negative trend in production and employment derived from the collapse in consumption suffered by the rest of households.Practical implicationsDetermining the underlying factors driving changes in both employment and income during the 2008 crisis can be of interest in political decision-making on the sustainability of the Spanish pension system.Social implicationsThe results of estimating both the employment and income supported by pensioners' consumption reveal the significant stabilizing effect of the public spending on pensions, particularly during the 2008 crisis.Originality/valueThe current Spanish approach of attaining the pension system sustainability by merely reducing social protection costs ignores the adverse consequences of a lower pensioners' demand. This paper addresses an alternative view in which pension spending is not considered a burden on economic growth but rather a means of improving the level of production and employment.Peer reviewThe peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-01-2019-0047

The Decomposition Analysis of Tourism Water Footprint in Taiwan: Revealing Decision-Relevant Information

2018 ◽  
Vol 58 (4) ◽  
pp. 695-708 ◽  
Author(s):  
Ya-Yen Sun ◽  
Ching-Mai Hsu
Keyword(s):  
Water Use ◽  
Water Consumption ◽  
Water Footprint ◽  
Decomposition Analysis ◽  
Economic Structure ◽  
Relevant Information ◽  
Structural Decomposition Analysis ◽  
Total Consumption ◽  
Economic Output ◽  
Input Structure

Tourism water consumption reflects the dynamics between the visitation volume, economic structure, and water use technology of a destination. This paper presents a structural decomposition analysis that attributes changes of Taiwan’s tourism water footprint into the demand factors of total consumption and purchasing patterns, and production factors of the industry input structure and water use technology. From 2006 to 2011, Taiwan experienced a 48% growth in visitor expenditures and a 74% surge in its water footprint. Diseconomies of scale were observed, with a 1% increase in consumption leading to a 1.5% increase in the tourism water footprint. A strong preference by visitors for water-intensive goods and services and a changing economic structure requiring more water input for tourism establishments and supply chain members contributed to this worrisome pattern. The water requirements received only a minimal offset effect with technological improvements. Decoupling tourism water consumption from economic output is currently unattainable.

Sign in / Sign up

Export Citation Format

Share Document