scholarly journals The Effect Of Corruption, Democracy And Foreign Debt On Economic Growth In Asian Pacific Countries

2021 ◽  
Vol 3 (2) ◽  
Author(s):  
Rommy Fernando Putra ◽  
Dewi Zaini Putri
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Regression Coefficient ◽  
Foreign Debt ◽  
External Debt ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Political Condition ◽  
Data Documentation

Economic growth can be defined as a process of changing the economic conditions of a country on an ongoing basis towards a better condition during a certain period. This study aims to examine the effect of corruption, democracy and external debt on economic growth in 7 countries Asia Pasific. This is because of The Asia Pacific became known around the 1980s when financial market, international trade and political condition have increased. The data used is panel data during the period 2014-2018, and collected by data documentation and library obtained from World Bank, International Transparency and Freedom In The World. Using the panel data regression, the estimation results are (1) Corruption has a positive and significant effect on economic growth in 7 Asia Pacific countries, with a regression coefficient value of -0.2753, (2) Democracy has a positive and significant effect on economic growth in 7 Asia Pacific countries with a regression coefficient value of 0.0586, (3) External debt has a significant positive effect on economic growth in 7 countries Asia Pacific region with a regression coefficient of 0.7604 (4) Corruption, Democracy and External Debt have a significant effect on economic growth in 7 countries in the Asia Pacific region, with a probability value (F-statistic) of 0.0008

scholarly journals Unraveling the Nexus of Science & Technology Input and Economic Growth through Research & Development (R&D) Indicators in Asia-pacific Region: A Panel Data and Causality Analysis

2021 ◽  
Vol 1 (3) ◽  
pp. 1-18
Author(s):  
Emmanuel Onsay
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Research And Development ◽  
Developing Economies ◽  
Asia Pacific ◽  
Pacific Region ◽  
Causality Analysis ◽  
Asia Pacific Region ◽  
Development Indicators ◽  
Developed Economies

This paper unravels the critical aspect of science and technology through research and development indicators as sources, drivers, and predictors of economic growth from the perspective of two developing countries, namely: Philippines and Thailand (ASEAN), and two developed economies, namely: Japan and Australia (ASEAN-X) in Asia-Pacific Region. The data set ranges from 1980 to 2019 and is collected from World Development Indicators of the World Bank, Institute for Statistics of United Nations Educational, Scientific and Cultural Organization (UNESCO), and World Intellectual Property Organization (WIPO). Research and Development (R&D) is a tool for generating new knowledge and serves as input for technological advancement. In the long run, it has been proven that technology can sustain permanent economic development in the economy. In developed economies, the nexus between the aforementioned variables is robust and significant. Thus, the R&D indicators can be used as a predictor of economic growth. However, in developing economies, the nexus of variables involved is negligible and insignificant. Hence, the R&D indicators cannot be effectively utilized as a predictor of economic growth. Furthermore, the study combined the two sets of panel data and a relevant conclusion was drawn. A country-panel regression and causality analysis were performed based on the empirics of macroeconomics.

scholarly journals IMPACT OF RENEWABLE ENERGY SOURCES CONSUMPTION ON ECONOMIC GROWTH IN EUROPE AND ASIA-PACIFIC REGION

2021 ◽  
Vol 11 (6) ◽  
pp. 270-278
Author(s):  
Filimonova Irina Viktorovna ◽  
Nemov Vasily Yurievich ◽  
Provornaya Irina Viktorovna ◽  
Ozhogova Lyubov Mikhailovna
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Asia Pacific ◽  
Energy Sources ◽  
Pacific Region ◽  
Asia Pacific Region

scholarly journals Keterbukaan Ekonomi dan Pertumbuhan Ekonomi di Lima Negara ASEAN Periode 1996-2017

2020 ◽  
Vol 4 (1) ◽  
pp. 14-24
Author(s):  
Nabila Eka Marza Oktavia ◽  
Aris Soelistyo
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Linear Regression ◽  
Multiple Linear Regression ◽  
Regression Coefficient ◽  
Foreign Debt ◽  
T Test ◽  
Coefficient Of Determination ◽  
Testing Hypotheses ◽  
Asean Countries

This study aims to determine the effect of foreign debt, exports, and inflation on economic growth in the five ASEAN countries in the period 1996-2017. The tool used in this study is multiple linear regression using panel data by testing hypotheses, namely test f, t test, coefficient of determination . The results of this study show together foreign debt, exports, and inflation against economic growth in five ASEAN countries, with a probability value of 0.0000. While individually foreign debt has a negative and significant effect on economic growth with a regression coefficient of -2.599232 and a probability value of 0.0035, exports have a positive and significant effect on economic growth with a regression coefficient of 1.801832 and a probability value of 0.0573, and inflation has a negative and significant effect on economic growth with a regression coefficient of -0.245798 and a probability value of 0.0000.

scholarly journals Do Profitable Banks Make a Positive Contribution to the Economy?

2020 ◽  
Vol 13 (8) ◽  
pp. 159 ◽  
Author(s):  
Vijay Kumar ◽  
Ron Bird
Keyword(s):  
Economic Growth ◽  
Banking Sector ◽  
Negative Impact ◽  
Asia Pacific ◽  
Positive Contribution ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Bank Profitability ◽  
Developed Economies ◽  
The Impact

A number of studies have investigated the relationship between financial sector development and economic growth; however, the impact of bank profitability on economic growth is still unclear. We investigate the link between bank profitability and economic growth in the Asia-Pacific region over the period 2004–2014. Using the system GMM estimator, our findings suggest that a profitable banking sector is a prerequisite for economic growth in the Asia-Pacific region and that the impact of bank profitability on economic growth is more prominent in small banking sectors. Perhaps surprisingly, we found that the bank size has a negative impact on GDP growth, with the influence of bank profitability on economic growth reducing as the size of the banking sector increases. Our results also show that the impact of profitability on economic growth is much larger in developed economies compared to small emerging and large emerging economies.

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