scholarly journals A Regional Landscape of Bolivian Economic Growth

2019 ◽  
pp. 77-98
Author(s):  
Pablo Mendieta Ossio
Keyword(s):  
Economic Growth ◽  
Economic Activity ◽  
Spatial Dimension ◽  
Regional Economic Growth ◽  
Panel Data Models ◽  
Medium Term ◽  
Regional Economic ◽  
The Past ◽  
Low Degree ◽  
Regional Landscape

Bolivia is a wide surface country, with more than one million of squared kilometers and diverse ecological ecosystems. Besides its landlockedness, Bolivian economic activity has been shaped by the diverse geographic characteristics mainly distance and the availability of communication channels. In this paper I use a novel regional database of regional economic activity to analyze in what extent the spatial dimension has influenced medium term economic growth of the nine regions during the past 45 years. Contrary to standard approach based on contiguity or geographical distance to introduce spatial issues in the analysis, I use an exponential decay approach built on “true distance” jointly a gravity model. Then, I found as significant the inclusion of spatial consideration in the estimation of static and dynamic balanced panel data models, where I found how the process of regional economic growth has been slightly influenced by this spatial feature implying the still low degree of integration among Bolivian regions.

scholarly journals APAKAH TATA KELOLA PEREKONOMIAN DAERAH DI INDONESIA TELAH MENINGKAT?

2012 ◽  
Vol 15 (1) ◽  
pp. 85-107
Author(s):  
Haryo Kuncoro
Keyword(s):  
Economic Growth ◽  
Fiscal Decentralization ◽  
Local Governance ◽  
Regional Economic Growth ◽  
Economic Governance ◽  
Regional Economic ◽  
Regional Autonomy ◽  
Low Degree ◽  
Development Goals ◽  
High Level

Governance has gone through radical changes over the last twenty five years.Seemingly, it became one of the important strategies, processes, methods and mechanisms in governing countries to achieve economic development goals. The objective of this paper is to observe the local economic governance dynamics in the case of districts/municipalities in Indonesia. First, the dynamics behavior of local governance over time is analyzed by visual inspection of their non-parametric density distribution. More deeply, we use Markov chains to predict a pattern of change in local economic governance toward its steady state. Based on comparison between 2007 and 2011 data delivered by Commission of Regional Autonomy Implementation Watch, we conclude that there is a high level of persistence in the relative position of local governance index, consistent with a low degree of mobility in the index distribution implying the implementation of governance in the districts/municipalities in Indonesia is weak enough. This finding implies that the local economic governance is a key to achieve sustainable regional economic growth in line with fiscal decentralization and regional autonomy.Keywords : Local Economic Governance, Decentralization, Regional Economic Growth, Kernel Densities, Markov ChainsJEL Classification: H70, O43, O56

scholarly journals Development of a Methodological Approach to Medium-Term Forecasting of the Regional Economic Growth Based on the Decomposition of Macro-Forecast Indicators for Russia

2020 ◽  
pp. 63-74
Author(s):  
Andrey Polynev
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Russian Federation ◽  
Growth Rates ◽  
Economic Activity ◽  
Methodological Approach ◽  
Regional Economic Growth ◽  
Medium Term ◽  
Federal Districts ◽  
The Russian Federation

The article presents a methodological approach to the development of a medium-term forecast of GRP growth rates in regions (subjects of the Russian Federation and Federal districts) in the context of the main types of economic activity based on the decomposition of macroeconomic forecast indicators for Russia. The key factors that have a significant impact on the dynamics of the current regional economic growth, including macroeconomic, territorial and external ones, should be taken into account in forecasts of regional development. The author mentions examples of domestic practices of scientific research in the field of forecasting in the regions of Russia according to the main macroeconomic indicators, including GRP. The paper states the methodological basis and fundamental principles of forecasting of regional indicators of the economic growth according to the main types of economic activity. As a key factor an indicator determining the dynamics of production in the sectors of regional economy, the growth rate of investments into fixed capital is used which is determined by the presence of a functional relationship between these characteristics on the basis of the multiplier ratio. On the basis of the developed methodological approach, the author estimates the growth rate of GRP of Russian regions according to the main types of economic activity for the period until 2024. The paper presents the results of the GRP forecast for Federal districts, as well as the share of GRP investments in them. The article shows the regions of the Russian Federation with the highest GRP growth rates in the medium term and trends of changes in the levels of interregional differentiation in investment and economic activity in Russia from 2000 to 2017 and for the forecasted period until 2024.

scholarly journals An Empirical Investigation on the Relationship between Carbon Emission and Regional Economic Growth

2021 ◽  
Vol 6 (4) ◽  
pp. 51-54
Author(s):  
Song Zhi-Hong ◽  
Mao Heng-Chuang ◽  
Lee Dong-Mei
Keyword(s):  
Economic Growth ◽  
Carbon Emissions ◽  
Carbon Emission ◽  
Economic Transformation ◽  
Regional Economic Growth ◽  
Shanxi Province ◽  
Regional Economic ◽  
The Past ◽  
Integration Test ◽  
The Relationship

The paper empirically investigated the relationship between GDP and carbon emissions in Shanxi Province, P. R. China, from 1998 to 2012. Firstly, the unit root test and co-integration test are carried out for the two time series, and the co-integration equations are obtained. Then the Granger causality test was carried out, and it is found that when the lag order is 3, the carbon emissions of Shanxi Province is the Granger cause of GDP, while GDP is not the Granger cause of carbon emissions. The conclusion of the study shows that energy consumption in Shanxi Province still brings obvious economic benefits. The economic development of Shanxi Province has not caused a significant increase in carbon emissions in the past 15 years, which may be due to the preliminary effect of the economic transformation of Shanxi Province in recent years. This is consistent with the result that the carbon emission per unit GDP of Shanxi Province shows a downward trend in the past 15 years. Finally, it is put forward that active adjustment of energy structure, development of renewable energy, implementation of technological innovation, optimization of industrial structure and reasonable government intervention are effective measures for sustainable regional economic growth.

scholarly journals DOES THE LOCAL ECONOMIC GOVERNANCE IN INDONESIAPERFORM AN IMPROVEMENT?

2012 ◽  
Vol 15 (1) ◽  
pp. 83-106
Author(s):  
Haryo Kuncoro
Keyword(s):  
Economic Growth ◽  
Fiscal Decentralization ◽  
Local Governance ◽  
Regional Economic Growth ◽  
Economic Governance ◽  
Regional Economic ◽  
Regional Autonomy ◽  
Low Degree ◽  
Development Goals ◽  
High Level

Governance has gone through radical changes over the last twenty five years. Seemingly, it became one of the important strategies, processes, methods and mechanisms in governing countries to achieve economic development goals. The objective of this paper is to observe the local economic governance dynamics in the case of districts/municipalities in Indonesia. First, the dynamics behavior of local governance over time is analyzed by visual inspection of their non-parametric density distribution. More deeply, we use Markov chains to predict a pattern of change in local economic governance toward its steady state. Based on comparison between 2007 and 2011 data delivered by Commission of Regional Autonomy Implementation Watch, we conclude that there is a high level of persistence in the relative position of local governance index, consistent with a low degree of mobility in the index distribution implying the implementation of governance in the districts/municipalities in Indonesia is weak enough. This finding implies that the local economic governance is a key to achieve sustainable regional economic growth in line with fiscal decentralization and regional autonomy. Keywords : Local Economic Governance, Decentralization, Regional Economic Growth, Kernel Densities, Markov ChainsJEL Classification: H70, O43, O56

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