scholarly journals The Role Of Export Diversification In Providing Sustainable Economic Growth

Author(s):  
Odinaev Namozjon Nazarkul Ugli ◽  

Sustainable economic growth is the key to a prosperous life. Therefore, the country is paying more and more attention to attracting large investments, increasing the pace of production and thereby strengthening the export and import processes. This is because efficient and high-quality production is a key indicator of economic growth. As a result, the country will be able to export its products to foreign markets and improve the balance of payments. This article also discusses the role of exports and its diversification in the sustainable economic growth of our country

2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.


Author(s):  
Sadegh Abedi ◽  
Mehrnaz Moeenian

Abstract Sustainable economic growth and identifying factors affecting it are among the important issues which have always received attention from researchers of different countries. Accordingly, one of the factors affecting economic growth, which has received attention from researchers in the developed countries over recent years, is the issue of environmental technologies that enter the economic cycle of other countries after being patented through technology transfer. The current research investigated the role of the environment-related patents and the effects of the patented technological innovations compatible with climate change mitigation on the economic growth and development in the Middle East countries within a specific time period. The required data were gathered from the valid global databases, including Organization for Economic Co-operation and Development and World Bank and have been analyzed using multi-linear regression methods and econometric models with Eviews 10 software. The obtained results with 95% confidence level show that the environmental patents (β = 0.02) and environment management (β = 0.04) and technologies related to the climate change mitigation (β = 0.02) have a significant positive impact on the sustainable economic development and growth rate in the studied countries. Such a study helps innovators and policymakers in policy decisions related to sustainable development programs from the perspective of environmentally friendly technologies by demonstrating the role of patents in three important environmental areas, namely environmental management, water-related adaptation and climate change mitigation, as one of the factors influencing sustainable economic growth.


2020 ◽  
Vol 6 (1) ◽  
pp. p66
Author(s):  
Rémy HOUNSOU, Ph.D. ◽  
Firmin Gbetoho AYIVODJI

The objective of this study is to analyze the determinants of export diversification in the 14 countries of the Franc Zone and compare them between WAEMU and CAEMU zones. Export diversification leads to sustainable economic growth, a satisfactory balance of payments, job creation and income redistribution. To this end, the study uses Bruno (2005a, b) LSDVC econometric estimation methods over the period 1990-2015 to identify factors that may or may not improve export diversification in these countries. The main lesson of this study is that more factors favor diversification in WAEMU countries compared to those in the CAEMU zone. In addition, we note a U-inverse relationship between per capita income and diversification in the WAEMU zone while a U-shaped relationship is observed in the second zone. Moreover, the results on the Franc Zone as a whole show that the most relevant explicative factors of export diversification are: human capital, economic development, financial liberalization, degree of trade openness, public investment and the index of democracy.


2013 ◽  
Vol 869-870 ◽  
pp. 439-442
Author(s):  
Kong Jian Li ◽  
Yaou Qi

This article investigates how the scale and structure of energy production influence on sustainable economic development in China. First and foremost, the relationship between energy production and economic development was discussed in theory, and a time-varying parameter state space model was established. Then an empirical study based on the annual data from 1981 to 2012 was carried out by using method of Kalman filter. The results indicate that both the increasing scale of energy production and the increasing proportion of new energy have a positive and significant influence on Chinese economic growth. Finally, the thesis draws a conclusion that, expanding the scale of energy production and optimizing the structure of energy production will significantly promote China's sustainable economic growth.


2003 ◽  
Vol 8 (1) ◽  
pp. 65-89
Author(s):  
Muhammad Aslam Chaudhary ◽  
Amjad Naveed

During the last two decades the role of international trade and flow of foreign capital have received considerable attention in the literature. Various studies have examined the impact of export instability and capital instability on economic growth in less developed countries.1 Empirical evidence supports the hypothesis of a deleterious impact of export instability on economic growth. However, some studies also indicated that the relationship was unstable but positive with economic growth.2 Yet there are no systematic empirical investigations into the implied links between export diversification and long-term economic growth, particularly in the case of South Asian countries. The major concern regarding export instability is that it retards economic growth.


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