scholarly journals Comparative analysis of unemployment and inflation in Mexico

2019 ◽  
pp. 27-37
Author(s):  
Alberto Merced Castro-Valencia
Keyword(s):  
Economic Growth ◽  
Inverse Relationship ◽  
Annual Data ◽  
Productive Activity ◽  
Trade Off ◽  
Panel Regressions ◽  
Monetary Regime ◽  
Individual Economy ◽  
Very High

The article examines, based on panel regressions, the long-term relationship between inflation and economic growth based on information for 70 countries and annual data for 1950-2010 The results do not find evidence of a significant trade-off between in fl ation and long-term growth for this sample and period, except if national experiences with average annual in fl ations above the annual 65% threshold are included. That is, outside regimes with persistently very high rates of inflation, there is no systematic or significant inverse relationship between inflation and the growth rate of productive activity. The absence of such long-term trade-off for the aggregate panel is far from implying that for any individual economy the inflation undermines its growth only if it exceeds the 65% per annum The analysis by groups of countries reveals that the value of the threshold of significance is a function of the current monetary regime.

Role of ICT And Tourism in Economic Growth of India

2017 ◽  
Vol 1 (1) ◽  
pp. 1-16
Author(s):  
Surender Kumar ◽  
Karuna Chauhan ◽  
Abhay Kumar Srivastava
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Developing Economies ◽  
Communication Technologies ◽  
Annual Data ◽  
Equilibrium Relationship ◽  
Causality Tests ◽  
Information And Communication ◽  
Relationship Of

Tourism is being seen as an opportunity for the economic growth of developing economies as its demand is still growing. Over the years, tourism mediation has experienced major changes, including the arrival of the Internet and the application of Information and Communication Technologies (ICTs). This paper will investigates the relationship of ICT, tourism and growth of India by employing the cointegration, error correction models and Granger causality tests using annual data for last two decades. Major focus is to test the existence of long-term equilibrium relationship between international tourism, ICT and economic growth. In the Indian economy, it seems that tourism is led by economic growth and we are not able transform our strength in ICT to the expected level. In this study, we have made our efforts to highlight the ability of tourism, which can be made as leading factor to influence GDP through optimum use of ICT.

scholarly journals Causality Effects among Gross Capital Formation, Unemployment and Economic Growth in South Africa

Economies ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 26 ◽  
Author(s):  
Michael Takudzwa Pasara ◽  
Rufaro Garidzirai
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Inverse Relationship ◽  
Time Series Data ◽  
Capital Formation ◽  
Series Data ◽  
Vector Autoregressive ◽  
The Third ◽  
Short Run

Stagnant economic growth, decreasing investment and high unemployment remain consistent macroeconomic challenges for South Africa. Gross Capital formation (GCF) is designed to improve employment and economic growth (GDP). This study investigates the causality effects of the three variables using time series data from 1980 to 2018 in a Vector Autoregressive (VAR) framework. Results of the first model reveal a positive long-term relationship between gross capital formation GCF and economic growth GDP. Contrariwise, the first model indicates that unemployment (UNEMP) does not influence economic growth (GDP) in the short run. The second model results reveal a significant and positive relationship between UNEMP and GCF, while the third model shows an inverse relationship between GDP and UNEMP. Based on these findings, the study therefore recommends that fiscal authorities introduce expansionary fiscal policy that stimulates economic growth, investment and employment.

scholarly journals International Student Migration in Finland

2021 ◽  
Vol 11 (4) ◽  
Author(s):  
Charles Mathies ◽  
Hannu Karhunen
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
International Students ◽  
International Student ◽  
Inverse Relationship ◽  
Institutional Policy ◽  
Student Migration ◽  
Factors Affecting ◽  
Degree Level

There is increasing attention on the retention of international students with many stakeholders desiring to keep international students for long-term economic growth. This study examines the factors affecting international students to stay in Finland five years after initial enrolment with particular focus on the role graduation plays in students staying or leaving. Tracking 11 (years) entering cohorts for five years across national (Finland) data registries, we found evidence of an inverse relationship between graduation, degree type, and the probability of staying; higher the degree level of graduation, the decrease in probability an international student stays. We conclude that while graduation is a key metric and discussion point in national and institutional policy, our findings suggest focusing on improving international students’ ability to integrate into a host country’s labor market and promotion of an environment conducive for international students’ families, more than graduation, would produce higher stay rates of international students.

scholarly journals An Empirical Analysis of the Link between Economic Growth and Exports in Côte d’Ivoire

2019 ◽  
Vol 12 (9) ◽  
pp. 94
Author(s):  
Daouda Coulibaly ◽  
Fulgence Zran Goueu
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Causal Relationship ◽  
Empirical Analysis ◽  
Annual Data ◽  
Short Term ◽  
Causality Test ◽  
Long Run ◽  
The Relationship

This paper aims to analyze the relationship between exports and economic growth in Côte d’Ivoire. In order to achieve this objective, annual data for the period 1960-2017 were tested by using the cointegration approach of Pesaran, Shin and Smith, including the causality test of Breitung and Schreiber. According to our analysis it is only exports that drive economic growth and not the opposite. Exports act positively and significantly on economic growth in the short term as well as in the long term. The causality test of Breitung and schreiber indicates a one-way long-run causal relationship ranging from exports to gross domestic product (GDP). All those results show that exports are a source of Ivorian economic growth.

A Study about Energy Consumption and Economic Growth in Qinghai Based on the Co-Integration Analysis

2013 ◽  
Vol 397-400 ◽  
pp. 688-695
Author(s):  
Sheng Mei Li ◽  
Pei Ji Shi ◽  
Qiang Zhou
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Energy Saving ◽  
Production Efficiency ◽  
High Energy ◽  
Annual Data ◽  
Qinghai Province ◽  
Starting Point ◽  
Integration Analysis

Qinghai province was an important and special province in the western in china. Although great changes in all aspects in Qinghai Province in recent years, but due to long-term economic growth, the starting point of production and energy consumption was low, also the production efficiency was poor. There still exists the traditional mode in the economic structure with high energy consumption and low output in basic industries. This study analyzed the relationship between GDP increasing and total energy consumption using co-integration method based on 20 sets of annual data during 1992-2011 in Qinghai province. By the study we found energy development and utilization play an important role in it along with the steady and rapid growth of economy. During the past 20 years energy use efficiency has been improved greatly, but there was still a large potential for energy saving. This paper analyzes the relation between economic growth and energy consumption of Qinghai Province from 1992 to 2011 using the methods of co-integration analysis. The empirical results show that fluctuations relationship existing between Qinghai energy consumption and GDP in the short term, but in the long run there was a long-term stab equilibrium relationship between them. So there will be a lot of space of energy savings in the future relying on scientific and technological progress. Energy industry should be developed further synchronously in order to achieve energy-saving and emission reduction and sustainable development.

scholarly journals Rank-sensitive proportional aggregations in dynamic recommendation scenarios

2022 ◽  
Author(s):  
Stepan Balcar ◽  
Vit Skrhak ◽  
Ladislav Peska
Keyword(s):  
User Satisfaction ◽  
Selection Procedure ◽  
Fuzzy Membership ◽  
Implicit Feedback ◽  
Trade Off ◽  
Testing Framework ◽  
Click Through Rate ◽  
The Impact ◽  
Very High

AbstractIn this paper, we focus on the problem of rank-sensitive proportionality preservation when aggregating outputs of multiple recommender systems in dynamic recommendation scenarios. We believe that individual recommenders may provide complementary views on the user’s preferences or needs, and therefore, their proportional (i.e. unbiased) aggregation may be beneficial for the long-term user satisfaction. We propose an aggregation framework (FuzzDA) based on a modified D’Hondt’s algorithm (DA) for proportional mandates allocation. Specifically, we adjusted DA to register fuzzy membership of items and modified the selection procedure to balance both relevance and proportionality criteria. Furthermore, we propose several iterative votes assignment strategies and negative implicit feedback incorporation strategies to make FuzzDA framework applicable in dynamic recommendation scenarios. Overall, the framework should provide benefits w.r.t. long-term novelty of recommendations, diversity of recommended items as well as overall relevance. We evaluated FuzzDA framework thoroughly both in offline simulations and in online A/B testing. Framework variants outperformed baselines w.r.t. click-through rate (CTR) in most of the evaluated scenarios. Some variants of FuzzDA also provided the best or close-to-best iterative novelty (while maintaining very high CTR). While the impact of the framework variants on user-wise diversity was not so extensive, the trade-off between CTR and diversity seems reasonable.

scholarly journals Assessing Sharia Monetary Instruments Against Country Economic Growth

JEJAK ◽  
2020 ◽  
Vol 13 (2) ◽  
pp. 307-318
Author(s):  
Arfian Nur Wahid ◽  
Surono Bin Jamel ◽  
Heni Noviarita ◽  
Erike Anggraini
Keyword(s):  
Economic Growth ◽  
Inverse Relationship ◽  
Time Series Data ◽  
Series Data ◽  
Short Term ◽  
Middle Income ◽  
Monetary Stability ◽  
Demand Deposits ◽  
Statistical Agency

This study aims to examine the effect of Islamic monetary instruments on Indonesia's economic growth. Statutory Reserves, Bank Indonesia Syariah Certificate (SBIS) and Outstanding Deposit Facility Syariah (FASBIS) are used as sharia monetr instrument variables in observations. this study is a quantitative study using monthly time series data obtained from the publication of Bank Indonesia and the Indonesian statistical agency in 2015-2019 using ARDL analysis. The results of this study indicate that both short-term and long-term modeling, instrument variables Islamic monetary does not have a significant relationship on economic growth. Although it has a very small effect, the Demand Deposits variable has an effect on the Indonesian economy, while the other variables observed have an inverse relationship with the variable of Indonesia's economic growth. the achievement of monetary stability through sharia monetary instruments can be optimized using policies on the minimum statutory reserves in banks that are useful for controlling the circulation of the amount of money in society so that it is more stable and the Indonesian economy can grow through the middle income trap.

scholarly journals Makro Ekonomi dan Pengentasan Kemiskinan di Indonesia

2021 ◽  
Vol 1 (2) ◽  
pp. 186-203
Author(s):  
Abi Fadillah
Keyword(s):  
Economic Growth ◽  
Poverty Line ◽  
Annual Data ◽  
Absolute Poverty ◽  
Bounds Testing ◽  
Independent Variables ◽  
Distributed Lag ◽  
Limit Test ◽  
The Impact

Poverty is still a problem in Indonesia's economy. From the colonial period to 75 years of independence, around 27.55 million people still live below the poverty line. This paper tries to examine the impact of Indonesia's macroeconomic variables as proxied by Economic Growth (GDPG), Inward FDI (FDI), Unemployment (UNM), Inflation (IN), Exports (EXP), Imports (IMP) on Indonesia's absolute poverty (POVY) with using annual data from 1979-2020. This study emphasizes economic growth as the primary variable. At the same time, other independent variables are used as control variables. The method in this study uses Autoregressive Distributed Lag (ARDL) and applies bounds testing approach to measuring the long-term relationship between the independent and dependent variables. The cointegration limit test shows that there is long-term cointegration between macroeconomic impacts on poverty in Indonesia. The short-term and long-term ARDL models show that all independent variables have a significant relationship with poverty in Indonesia.

scholarly journals Connecting Blue Economy and Economic Growth to Climate Change: Evidence from European Union Countries

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4600
Author(s):  
Roxana Maria Bădîrcea ◽  
Alina Georgiana Manta ◽  
Nicoleta Mihaela Florea ◽  
Silvia Puiu ◽  
Liviu Florin Manta ◽  
...  
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Ordinary Least Squares ◽  
Annual Data ◽  
Gas Emissions ◽  
Cointegration Tests ◽  
Blue Economy

Blue Economy represents a new and interesting concept on a global level, both from the economic potential but also by the fact that it can be used to reduce environmental degradation. The main goal of this research is to identify the causality relations between the greenhouse gas emissions, the Blue Economy and economic growth based on a panel of annual data from the 28 countries that are members of the European Union (EU) over the 2009–2018 period. After applying stationarity and cointegration tests, the long term cointegration coefficients shall be determined with the help of the fully modified ordinary least squares (FMOLS) estimator. Granger causality estimation based on the vector error correction model (VECM) was applied to identify the causality relationship between the variables and to detect the direction of causality. Based on the identified causality relations, the Blue Economy has a significant influence on greenhouse gas emissions in the long run. Unidirectional causality relations were identified from the economic growth of greenhouse gas emissions in the long term, as well as from the greenhouse gas emissions on economic growth in the short term.

Does energy efficiency affect economic growth? Evidence from aggregate and disaggregate levels

2019 ◽  
Vol 31 (6) ◽  
pp. 983-1006
Author(s):  
You-How Go ◽  
Lin-Sea Lau ◽  
Kwang-Jing Yii ◽  
Wee-Yeap Lau
Keyword(s):  
Economic Growth ◽  
Energy Efficiency ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Annual Data ◽  
Aggregate Level ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
The Relationship

This paper empirically examines the relationship between energy efficiency, CO2 emissions, foreign direct investment, exports, and real gross domestic product at both aggregate and disaggregate levels in Malaysia based on an autoregressive distributed lag approach. The annual data for the period of 1971–2013 are employed. The results indicate that energy efficiency Granger causes economic growth at the aggregate level, but not in each of the three main sectors (primary, secondary, and tertiary) of the economy. Another important finding of the study is that the export-led growth hypothesis is found to be valid in Malaysia at both the aggregate and disaggregate levels. The results of our study also confirm the fact that CO2 emissions do affect the overall economic performance and growth in all sectors, except for the primary sector. This finding implies that pollution from both secondary and tertiary sectors has led to economic growth in Malaysia. Moreover, it is also discovered that foreign direct investment does not have a significant impact on economic growth in Malaysia. The results of this study are essential for policymakers of Malaysia in designing appropriate policies in each sector that can lead to robust growth in the country. In addition to focusing on enhancing energy efficiency and promoting foreign direct investment, the policymakers should also start to look for alternative strategies to ensure long-term economic growth in the country.

Sign in / Sign up

Export Citation Format

Share Document