scholarly journals Sustainability Policy in Indonesia: Case Study Economic Structure and Determinants in Banjar Municipality

2021 ◽  
Vol 2 (1) ◽  
pp. 25-46
Author(s):  
Agus Supriyadi ◽  
◽  
Tao Wang ◽  
Melda Ria Juwita ◽  
Rayhan Gunaningrat ◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Structure ◽  
Least Square ◽  
Economic Activities ◽  
Best Interest ◽  
Location Quotient ◽  
Heavy Burden ◽  
Ordinary Least Square Regression ◽  
Sustainability Policy ◽  
Regional Authorities

In response to governance shift in Indonesia, a heavy burden of responsibility is placed on local authorities to act in the best interest of its citizenry. This study examined evidence of local government policy, economic structure, and economic growth in the new autonomous city of Banjar Municipality, West Java Province, Indonesia and assessed determinants of regional transformation. The methodology used location quotient, analysis, shift-share analysis, and ordinary least square regression analysis. The findings revealed in the ten-year period of the study on agriculture, business trade, accommodation, other sectors and public service dominated the structure of the economy. In terms of the authority, the Municipality’s policy of sustainability is aimed at protecting the traditional market and developing local road infrastructure—contributing to its economic growth. Sustainability-oriented policies are designed to stress order, control, and accelerate economic activities which regional authorities sometimes considering them as challenging due to transitional requirements and demands

scholarly journals Capital Market Performance as a Panacea for Economic Growth in Nigeria

2019 ◽  
Vol 13 (2) ◽  
pp. 1
Author(s):  
Akpokerere Othuke Emmanuel ◽  
Okoroyibo Eloho Elizabeth
Keyword(s):  
Economic Growth ◽  
Capital Market ◽  
Stock Exchange ◽  
Market Performance ◽  
Secondary Data ◽  
Least Square ◽  
Ex Post ◽  
Ordinary Least Square Regression ◽  
Market Variables ◽  
The Capital Market

The paper examined capital market performance as a panacea for economic growth in Nigeria from 1986-2016. A number of related literatures have shown that the Nigerian capital market variables studied has satisfactory market performance and has contributed to economic growth. Yet some researchers observed that the capital market has not significantly mobilized and effectively channeled substantial capital to the real sector of the economy. What could have been the reason for the divergences? The study was anchored on the demand following hypothesis. Secondary data were sourced from Central Bank of Nigeria Statistical Bulletin and Nigeria Stock Exchange fact-book of various editions. The paper adopted the ex-post facto research design while ordinary least square regression techniques was used to process the data gathered using E-views 9.0 software. The null hypotheses (Ho) were tested at 5% level of significance. The findings of the paper revealed that there is negative and insignificant relationship between capital market and the variables studied. The paper conclude that liquidity of the capital market is pivotal for economic growth in Nigeria while the study recommended that all tiers of government should be encouraged to fund their realistic long term developmental program through the Nigeria capital market.

scholarly journals Impact of Domestic Public Debt on Economic Growth - An Empirical Study in the Indian Context

2016 ◽  
Vol 6 (4) ◽  
pp. 101-116
Author(s):  
Srinivasa Rao Gangadharan ◽  
Lakshmi Padmakumari
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Positive Impact ◽  
Least Square ◽  
Distributed Lag ◽  
Long Run ◽  
Domestic Debt ◽  
Integration Test ◽  
Ordinary Least Square Regression ◽  
The Impact

This study is an empirical investigation to assess the impact of domestic debt on India’s Economic growth during the period 1980 – 2014. We use data on Domestic Debt, Net Fiscal Deficit, Exports, Savings, Real Gross Domestic Product, Population and Terms of Trade. This study adopts the ARDL Co-Integration and Granger Causality techniques to investigate the relation between the key variables. The study also employs various post estimation tests to validate the fitness and stability of the models based on Gauss Markov assumptions, after employing the ordinary least square regression on various models. We find that debt negatively impacts economic growth while savings has a positive impact. The Auto Regressive Distributed Lag (ARDL) technique used to test the robustness suggests existence of co-integration among the variables. However, none of the long run co-efficient is significant. The granger causality and co-integration test results support the traditional view that debt negatively impacts economic growth.

scholarly journals Impact of Direct and Indirect Tax on the Nigerian Economic Growth

2017 ◽  
Vol 8 (3) ◽  
pp. 215 ◽  
Author(s):  
Oyebisi Mary Ogundana ◽  
Oyedele Mary Ogundana ◽  
Oyeyemi Mercy Ogundana ◽  
Ayodotun Stephen Ibidunni ◽  
Adebola Adetoyinbo
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Least Square ◽  
Annual Reports ◽  
Secondary Source ◽  
Tax System ◽  
Ordinary Least Square ◽  
Least Square Regression ◽  
Ordinary Least Square Regression ◽  
The Impact

This research examined the direct and indirect impact of taxation on the Nigerian economic growth. This research centered on two major objectives by focusing on the trend of direct and indirect tax and the impact of the Nigerian tax system on the growth of the economy.  The research adopted the descriptive research design.  The secondary source of data was also engaged as this data was from CBN statistical bulletin and the annual reports from 1994-2013. The research also used the ordinary least square regression technique. With the use of E-views 7.1 to analyze the data, the first objective was achieved by using graphical analysis while the second objective used ordinary least square regression analysis. The results reveal that the direct and indirect tax have a positive impact on the economy of Nigeria. Therefore, it is recommended that government should take advantage of taxation and promote tax system in Nigeria.

scholarly journals An investigation into the anthropogenic nexus among consumption of energy, tourism, and economic growth: do economic policy uncertainties matter?

2020 ◽  
Vol 28 (3) ◽  
pp. 2835-2847
Author(s):  
Festus Fatai Adedoyin ◽  
Solomon Nathaniel ◽  
Ngozi Adeleye
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Energy Consumption ◽  
Ecological Footprint ◽  
Least Square ◽  
Environmental Damage ◽  
Policy Uncertainty ◽  
Economic Activities ◽  
Ordinary Least Square ◽  
Long Run

AbstractGlobal warming has been a pressing issue for the past decade as various economic activities have been flagged and are expected to reduce emissions. While previous studies have examined the energy consumption-emissions-economic growth nexus in significant detail, attention is yet to be given to the role of economic policy uncertainties and human activities such as tourism in a carbon function. Thus, this study aims to investigate the long-run relationship between energy consumption, tourists’ arrivals, economic policy uncertainty, and ecological footprint in the top ten earners from international tourism over the period 1995 to 2015. The fully modified ordinary least square and dynamic ordinary least square estimation techniques and the Dumitrescu and Hurlin causality tests were used in the study. Empirical results suggest that economic policy uncertainties in addition to tourism and energy consumption are drivers of environmental degradation. However, the contribution of energy consumption to ecological footprint is significantly moderated by economic policy uncertainties such that a 1% increase in the latter reduces environmental damage by 0.71%. This study suggests that policy uncertainties matter a great deal for energy and environmental policies. Also, green economic growth is possible if the proper implementation of environmental protection policies can restrict the harmful impact of economic activities on the quality of the environment. Based on the empirical findings, vital energy policy recommendations are suggested.

scholarly journals TOURISM STATISTICS IN GEORGIA

2018 ◽  
Vol 2 (6(18)) ◽  
pp. 51-53
Author(s):  
Natalia Robitashvili
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Quantitative Study ◽  
21St Century ◽  
Tourism Development ◽  
Economic Structure ◽  
Economic Activities ◽  
High Importance ◽  
Other Information

By the beginning of the 21st century, tourism has been formed as a sustainable development branch of economics, which has established special place in global economic structure. Tourism makes significant impact on the incentive of economic growth, on creating employment places and shaping positive environment, which is positively reflected on other economic activities. The role of statistics is important in the management of economy. That is why the quantitative study of the processes and events in tourism is of high importance. Right with the help of statistic methods is the information about public lifestyle structure elements – labor and labor hours gained, processed and analyzed. Statistics can study the level, potential of tourism development by general and private methods. It can gain public services and other information. Statistics can find out unfriendly factors for tourism development, define tourism influence on the economic growth of the country and can work out recommendations for infrastructure optimization on the basis of its analysis.

Determinants of Convergence and Disparities in Europe

2015 ◽  
pp. 28-45
Author(s):  
Andreas P. Cornett ◽  
Nils Karl Sørensen
Keyword(s):  
Economic Growth ◽  
Spatial Distribution ◽  
Economic Structure ◽  
Key Factors ◽  
Economic Activities ◽  
Metropolitan Regions ◽  
Innovative Performance ◽  
Development Agenda ◽  
National Economic ◽  
Economic Divergence

Innovation and entrepreneurship are key factors in current regional development initiatives, derived from the concepts of new economic growth theory. The aim of this chapter is to combine an assessment of innovative and entrepreneurial performance with the spatial distribution and functional linkages of certain types of economic clusters. The hypothesis is that clustered regions with high entrepreneurial and innovative performance have higher growth than non-innovative/entrepreneurial regions or regions with a more scattered economic structure. The clustering and in some cases even the polarization of economic activities in metropolitan regions can lead to excess growth and contribute to a process of convergence between nations but will also turn regional economic divergence back on the national economic development agenda.

scholarly journals ANALISIS PERTUMBUHAN DAN PERGESERAN SRUKTUR EKONOMI KABUPATEN INDUK DI PROVINSI BENGKULU

2020 ◽  
Vol 2 (1) ◽  
pp. 54-69
Author(s):  
Sunoto Sunoto ◽  
Bertha Iin Esti Indraswanti ◽  
Edy Rahmantyo Tarsilohadi
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Economic Development ◽  
Economic Performance ◽  
Time Series Data ◽  
Economic Structure ◽  
Series Data ◽  
Location Quotient ◽  
Dynamic Location ◽  
Secondary Time

The purpose of this research was to analyze economic growth and shifting of economic structure of the origin district in Bengkulu Province. Base on BPS secondary time series data (2001-2017), descriftive analysis was used to analyze economic growth and shifting economic structure, specialty after the region otonomous era (OTDA).  The DLQ and SSA method was used to determine the potential and leading sectors to increase economic performance. The result of this research was conclude that expansion of the the region in Bengkulu Provinsi has positif impact on economic development for the origin district. The economis structure was shifting from premier sector to secondary and tertier sector. The potential and leading sector after OTDA become more than before (from 4 or 5 sector to 7 untul 9 sector).  Keywords :  Dynamic Location Quotient 1, Shift Share Analysis 2, Economic Growth 3, Economic Structure 4, Potential and Leading Sector 5

scholarly journals EFFECT OF STOCK EXCHANGE OPERATIONS ON ECONOMIC GROWTH IN NIGERIA

2018 ◽  
Vol 1 (1) ◽  
pp. 258-264
Author(s):  
Maryam ABDU ◽  
Sunday Moses IBRAHIM
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Stock Exchange ◽  
Least Square ◽  
Domestic Product ◽  
Security Market ◽  
Ordinary Least Square ◽  
Secondary Sources ◽  
Private And Public ◽  
Ordinary Least Square Regression

This study examined the effect of Nigerian Stock Exchange operations on the Economic Growth in Nigeria. Data was collected from secondary sources, through the central bank of Nigeria database. To achieve the objective of the study, Nigerian Stock Exchange operations was proxy by All Share Index while Economic Growth was proxy by Gross Domestic Product. The study covered a seventeen year period. Ordinary least square regression technique was employed in examining the effect of all share index on economic growth. The findings revealed that all share index and gross domestic product are positively and significantly correlated. Based on the findings of this study, it is therefore recommended that an enabling environment should be created in order to enhance the participation of both private and public sector in the security market so as to stimulate economic growth

scholarly journals How does energy investment affect the energy utilization-growth-tourism nexus? Evidence from E7 Countries

2021 ◽  
pp. 0958305X2199975
Author(s):  
Bright Akwasi Gyamfi ◽  
Murad A Bein ◽  
Festus Fatai Adedoyin ◽  
Festus Victor Bekun
Keyword(s):  
Economic Growth ◽  
Environmentally Friendly ◽  
Least Square ◽  
Energy Utilization ◽  
Economic Activities ◽  
Causality Test ◽  
Energy Investment ◽  
Distributed Lag ◽  
The Impact

Tourism is an important driver of economic growth for several countries in the world. However, the rise in tourism activities has raised concerns regarding emissions resulting from tourist activities such as transportation as well as the consequent effect on the quality of the environment. Hence, this study examines the impact of tourism and other factors such as investments, energy utilization and economic growth on carbondioxide (CO2) emission in the emerging industrialized seven countries namely (China, India, Brazil, Mexico, Russia, Indonesia and Turkey) for the period 2000 to 2018. The study uses the Pool Mean Group Autoregressive Distributed Lag (PMG-ARDL), ordinal least square (OLS), dynamic ordinals least square (DOLS) and fully modified least square (FMOLS) estimators as well as Dumitrescu and Hurlin Causality Test. Long run regression estimates reveal that a increase in tourism activities lower carbondioxide emissions in the E7 countries which can be traced to the adoption of environmentally friendly tourism. Furthermore, investment in energy and economic growth, the majority of the regression results point that both factors lower carbondioxide emissions in the emerging seven (E7) countries while energy consumption is a driver of CO2 emissions in the E7 countries. The study suggests that the implementation of environmentally friendly tourism be sustained to continually improve the quality of the natural environment in the blocs. Similarly, strict regulations of economic activities in line with the protection of the environment are advised while the use of renewable energy is needed to reduce emissions in the E7 countries.

scholarly journals Broadband Penetration and Economic Growth: Evidence from Nigeria

2020 ◽  
pp. 1-6
Author(s):  
S. V. Oloja ◽  
Olubokun Sanmi ◽  
O. A. Obolo ◽  
M. F. Ayinuola
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Least Square ◽  
Primary Data ◽  
Effective Utilization ◽  
Ordinary Least Square ◽  
The World Bank ◽  
Ordinary Least Square Regression ◽  
The Relationship ◽  
Broadband Policy

This paper investigated the relationship between broadband penetration and economic growth in Nigeria. The secondary data for the study were collected from the World Bank and this includes data on Internet broadband usage and Gross Domestic Product while the primary data were generated from the questionnaire administered to the respondents. The descriptive statistics and the ordinary least square regression analytical method were used to examine the relationship between broadband penetration and economic growth. It was discovered that a per cent increase in broadband penetration will only increase output (Economic Growth) by 0.1 per cent in Nigeria. The data analysis showed a significant and positive relationship between broadband penetration and economic growth. The study thus recommended that efforts must be made towards the implementation of broadband policy and effective utilization of the broadband network. Also, better telecommunication reforms that will create enabling environment and encourage the inflow of broadband networks should be made.

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