scholarly journals Effects of Russia’s Economic Growth on Turkey’s Tourism Sector

2013 ◽  
Author(s):  
Levent Şahin ◽  
Hasan Akça
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Far East ◽  
Income Level ◽  
High Income ◽  
Tourist Destination ◽  
Tourism Sector ◽  
Inclusive System

The aim of this study is to analyse whether there is a relation between economic growth in Russia and Turkey’s tourism sector or not. Data (GDP in Russia and Russian tourists who prefer Turkey as tourist destination) cover the period 2001-2011. According to results of regression analysis, there is no effect of GDP increase in Russia on number of Russian tourists visiting Turkey. It can be said that most of the Russian tourists visiting Turkey have medium income level. They prefer Turkey due to cheap holiday opportunity (everything inclusive system), closer to Russia and qualitative service. Russian tourists having high income level travel to Far East Countries for holiday.

scholarly journals Impact of Tourism Industry on the Economic Growth of Sri Lanka

2020 ◽  
Vol 10 (4) ◽  
pp. 60
Author(s):  
S. Anandasayanan ◽  
S. Balagobei ◽  
M. Amaresh
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Sri Lanka ◽  
Foreign Currency ◽  
Unit Root Test ◽  
Tourism Industry ◽  
Annual Data ◽  
Tourism Sector ◽  
Independent Variable ◽  
The Impact

In Sri Lanka, tourism has been identified as the third largest and fastest growing source of foreign currency in 2018, after private remittances and textile and garment exports, accounting for almost $4.4 billion or 4.9 percent of gross domestic product in 2018. Tourism industry is a key element which accelerates the economic growth by earning high foreign exchange and reducing poverty by providing direct and indirect employment opportunities to locals. This study primarily investigates the impact of between tourism sector on economic growth by employing Augmented Dickey Fuller’s unit root test, correlation analysis and regression analysis. Annual data from 1989 to 2018 was used. The dependent variable was economic growth while tourists’ receipts were independent variable. Strong and positive correlation was explored between tourists’ receipts and economic growth meanwhile the results of regression analysis indicate that tourists’ receipts significantly impact on the economic growth.

PERAN PARIWISATA DALAM MENINGKATKAN PERTUMBUHAN EKONOMI MASYARAKAT

2017 ◽  
Vol 3 (1) ◽  
Author(s):  
Elsa Elsa
Keyword(s):  
Economic Growth ◽  
Human Resource Development ◽  
Standard Of Living ◽  
Economic Activities ◽  
Tourist Destination ◽  
The Public ◽  
The People ◽  
Tourism Sector ◽  
Public Economy

This paper to see how tourism can provide stimulus to economic growth. In tourism the interaction between tourists and local communities so as to enhance economic activities such as revenues, business opportunities, employment opportunities and reduce unemployment or poverty erodes. So, it can be explained that between the tourism sector and the economy is directly proportional, if the tourism sector increases, people's income also increased. Conversely, if the tourism sector are declining, people's income also declined. Tourism is the engine driving and driving the creation of creativity of the community in an effort to improve the lives. Problems that develop in the tourism sector is the lack of knowledge and understanding on tourism, a reference to incomplete about the tourist places (socialization of local government is still not satisfactory), and stepping are not implemented (safe, orderly, clean, cool, beautiful, welcoming, and memories) in the tourism sector. Therefore, to overcome the problem of tourism is needed awareness by government and the community to develop and explore the potential of tourism as an effort to increase the standard of living and the quality of the people in the area. Efforts are underway to explore the potential of travel may include human resource development, implementation stepping, as well as the improvement of facilities and infrastructures. It can boost the high interest of tourists to visit the tourist destination so that not only the public economy are growing, but the skill and creativity of the community also increased.Keywords: Tourism, Economic Growth.

The different effects of basic research in enterprises on economic growth: Income-level quantile analysis

2019 ◽  
Vol 46 (4) ◽  
pp. 570-588 ◽  
Author(s):  
Euy-Young Jung ◽  
Xielin Liu
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Negative Relationship ◽  
National Income ◽  
Basic Research ◽  
Income Level ◽  
High Income ◽  
Low Income Countries ◽  
Business Sector ◽  
Research Investment

Abstract In the open innovation era, enterprises should conduct more of their own basic research or not rely on contextual factors. We use quantile regression to determine that basic research in the business sector has different effects on economic performance by national income level using thirty-one Organization for Economic Co-operation and Development (OECD) and non-OECD countries including China during 1996–2014. We find that basic research expenditure has a negative relationship with economic growth in low-income countries, whereas in high-income countries, the relationship is positive. Furthermore, the greater the national income, the higher the importance of basic research for economic growth. However, increased absorptive capacity mediates the positive relationship between basic research investment and economic growth in high-income countries, and, in low-income countries, it mediates the negative relationship between the two. In this study, we provide a more detailed understanding of the relationships between basic research investment in the business sector and economic growth.

scholarly journals Significance of Tourism Budget, Inflation, and Interest Rate on Economic Growth in Indonesia for the Year of 2011-2020

2022 ◽  
Vol 9 (1) ◽  
pp. 167-174
Author(s):  
Zata Hasyyati
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Interest Rate ◽  
Multiple Regression Analysis ◽  
Multiple Regression ◽  
Negative Impact ◽  
Positive Impact ◽  
Tourism Sector ◽  
Relationship Of ◽  
The Relationship

This study is aimed to investigate the relationship of tourism budget, inflation, interest rate on economic growth in Indonesia in 2011 – 2020. Data was gathered from Central Bureau of Statistics (Badan Pusat Statistik/BPS) and Ministry of Finance (Kementerian Keuangan/Kemenkeu). The data were analyzed using the multiple regression analysis after fulfilling all of the classical assumption tests. It showed that the inflation and interest rate have significant positive impact while tourism budget has insignificant negative impact on economic growth. In this case, monetary policy tends to be efficiently implemented at the level of promoting growth. However, Indonesia is still early on hoping significant contribution of tourism sector. Keywords: Tourism Budget, Inflation, Interest Rate, Economic Growth, GDP, Multiple Regression Analysis.

Solow economy model

2019 ◽  
pp. 150-157
Author(s):  
Oleksandr Synenko ◽  
Kateryna Yarema ◽  
Yuliia Bezsmertna
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Solow Model ◽  
Economy Model ◽  
Accelerated Depreciation ◽  
Basic Parameters ◽  
The Subject ◽  
Investment Process ◽  
The Impact ◽  
Model Algorithm

The subject of the research is the approach to the possibility of using the Solow model to perform the regression analysis on the example of the Ukrainian economy model. The purpose of writing this article is to investigate the notion of regres- sion analysis, Solow’s economy model, algorithm for performing regression analy- sis on the example of Ukraine’s economy model. This model can be adapted for the economy of enterprises. Methodology. The research methodology is system-struc- tural and comparative analyzes (to study the structure of GDP); monograph (when studying methods of regression analysis on the example of the Ukrainian economy); economic analysis (when assessing the impact of factors on Ukraine’s GDP). The scientific novelty consists the features of the use of the Solow model on the ex- ample of Ukrainian economy are determined. An algorithm for calculating the basic parameters of a model using the Excel application package is disclosed. The main recommendations on the development of the national economy and economic growth through the use of macroeconomic instruments are given. Conclusions. The use of the Solow model enables forecasting and analysis. The results obtained re- vealed the problem of low resource return of capital as a resource, along with the means of macroeconomic regulation of the investment process, using which can improve the situation. A special place in these funds belongs to the accelerated depreciation and interest rate policies.

FAKTOR FAKTOR YANG MEMPENGARUHI PRODUK DOMESTIK BRUTO NEGARA-NEGARA ASEAN PERIODE 2005-2014

2017 ◽  
Vol 22 (1) ◽  
pp. 23-29
Author(s):  
Leorista Milliardo
Keyword(s):  
Economic Growth ◽  
Analytical Tool ◽  
Panel Regression ◽  
Estimation Model ◽  
Process Data ◽  
Factors Affecting ◽  
Goods And Services ◽  
Asean Member ◽  
Tourism Sector ◽  
Asean Countries

This study was conducted with the aim of identifying the factors affecting economic growth in ASEAN member countries during the period of 2005 - 2014, with the countries sampled in this study were six countries namely Indonesia, Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia and Laos. The method of analysis used is the method of Data Panel Regression and Fixed Efect estimation model by using analytical tool to help process data is Eviews 7 program. While data used is panel data from eight ASEAN countries covering 10 year periods. The result of analysis shows that the acceptance of International Tourism Sector and Foreign Direct Investment has positive and significantinfluenceto the economic growth in eight ASEAN countries while the Labor Force is inconclusive. The study also found that Export of Goods and Services had a negative and significanteffect on economic growth.

Approaches to the definition of territorial backwardness in the regional development management

2020 ◽  
Vol 93 (4) ◽  
pp. 60-73
Author(s):  
E. B. Veprikova ◽  
◽  
A. A. Kislenok ◽  
Keyword(s):  
Economic Growth ◽  
Public Policy ◽  
Russian Far East ◽  
Far East ◽  
Well Being ◽  
Spatial Development ◽  
Territorial Development ◽  
Development Management ◽  
Gradual Process ◽  
Definition Of

Reducing the level of interregional differentiation is one of the problems in spatial development management according to the Spatial Development Strategy of the Russian Federation. Presence of significant regional imbalances hampers formation of a common economic, social, cultural, and institutional space and lead to a creation of backward territories which lag behind in the development. The focus of public policy measures on the centers of economic growth, with the concentration of financial and labor resources, without solving the problems of backward territories does not bring the expected effect – overall development and well-being. Local effects in the absence of positive changes in other territories result in the increase in imbalances, which limit the overall effectiveness of the public policy. At the same time, a steadily increasing lag may cause a loss of potential of economic growth and thus forms backward territories. The creation of territorial backwardness is a gradual process. Therefore, diagnosing the state of the territory and identifying the signs of increasing depression is an essential issue of public administration. The article presents the main approaches to the definition of territorial backwardness used in the Russia and overseas, it also reviews the determinants of backward territories. Different methods for identification of backwardness in the territorial development have been tested on the basis of the regions of the Russian Far East.

scholarly journals Examining the connection among national tourism expenditure and economic growth in Algeria

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Salah Eddine Sari Hassoun ◽  
Khayereddine Salim Adda ◽  
Asma Hadjira Sebbane
Keyword(s):  
Economic Growth ◽  
Structural Break ◽  
Unit Root Test ◽  
Vector Autoregressive ◽  
Natural Logarithm ◽  
Tourism Sector ◽  
Strategic Role ◽  
Short Run ◽  
Per Capita ◽  
Tourism Expenditure

AbstractTourism is one of the most important sectors for several researchers and decision makers, due to its influence on the world economic growth in the twenty-first century, making it as a source of competition between countries to a global industry for its effective strategic role in the development of countries. In this paper, we used two variables natural logarithm of per capita gross domestic product (GDP) and natural logarithm of per capita international and national tourism expenditure (ITE) to study the relationship between the tourism sector and economic growth in Algeria over the period of 1995–2017. We established with the unit root test with and without breakpoint that the variables are stationary in the first difference and there is a structural break in (ITE) and (GDP). Thus, with the presence of a breakpoint, we employed the methodology of Gregory–Hansen to avoid such issue, but we found that there was no evidence of cointegration with breakpoint, so then we used the vector autoregressive model (VAR). The model showed that the tourism sector has a positive and insignificant coefficient on the economic growth, while the economic growth factor has a positive and significant on the tourism sector. In the short run, there was a one-way causality from GDP to ITE at the level of 1%, confirming the economic-driven tourism growth hypothesis. Also, we found with Breitung and Candelon causality that there was same causality at the level of 10%.

C. PENGARUH UTANG LUAR NEGERI DAN EKSPOR TERHADAP PERTUMBUHAN EKONOMI (Studi pada Produk Domestik Bruto Indonesia Periode 2015-2019)

2021 ◽  
Vol 4 (1) ◽  
pp. 22
Author(s):  
Farah Syahri Maulidiyah
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Regression Analysis ◽  
Linear Regression Analysis ◽  
Foreign Debt ◽  
External Debt ◽  
Multiple Linear Regression Analysis ◽  
Analysis Method ◽  
Indonesian Government ◽  
Independent Variable

ABSTRACT The purpose of this research is to analyze the influence of exports and foreign debt which can affect Indonesia's GDP (Gross Domesty Product). The variables of this research are the foreign debt value of the Indonesian government and the value of Indonesian exports as the independent variable, and the value of Indonesia's GDP as the dependent variable. The data used are supporting data for the 2015-2019 period from the time series (time series) of Bank Indonesia and BPS. The data analysis method used multiple linear regression analysis. The results of this study are the value of the Indonesian government's foreign debt and the value of Indonesia's exports have a significant effect. Meanwhile, the results of the partial test (t-test) show that the value of foreign debt and exports of the Indonesian government greatly affects the value of Indonesia's GDP. Keywords : External Debt, Export, Economic Growth (Menggunakan template jurnal sinta 2 JESP (Jurnal Ekonomi dan Studi Pembangunan) eISSSN : 2502-7115 l pISSN : 2502-7115 Universitas Negeri Malang).

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