scholarly journals The Influence of Wage on the Economic Development in Lithuania

2017 ◽  
Author(s):  
Irena Danilevičienė ◽  
Boguslavas Gruževskis
Keyword(s):  
Economic Development ◽  
Labour Market ◽  
Negative Impact ◽  
Positive Impact ◽  
Welfare States ◽  
Wage Determination ◽  
The European Union ◽  
Classical Economics ◽  
General Terms ◽  
Standards Of Living

One of the major objective of each country is to ensure the economic development. The ability to set the efficient wage allows to economic development. The systematic researches of different scientists have shown that the wage must be harmoniously related to general trends of economic development. The essence of classical economics is that lower labour costs had a positive impact on the production cost and make the product more competitive. In nowadays, economy a linear relationship occurs only partially. An open labour market, especially in welfare states, and in the long-term perspective low wage inadequate to standards of living often have a negative impact on economic development. Negative factors of economic development and wage non-compliance occurs within the worker goes from national to foreign labour market. The objective of this article is to analyze these trends in general terms with emphasis on the situation in Lithuania, where from 2008–2014 years disproportion between economic development and wage level were the highest among the European Union countries. In the article, also the possibilities of economic development for using the universal progress indicator and features of wage determination are discussed. At the end of the article are concluded, that during the analyzed period (until 2015 year) Lithuania was a country, where economic development has been stopped by the improper wage determination.

scholarly journals Economic uncertainty and tourism consumption

2020 ◽  
pp. 135481662098151
Author(s):  
Canh Phuc Nguyen ◽  
Su Dinh Thanh ◽  
Bach Nguyen
Keyword(s):  
Economic Development ◽  
Theory Of Reasoned Action ◽  
Reasoned Action ◽  
Negative Impact ◽  
Positive Impact ◽  
Tourism Development ◽  
Economic Uncertainty ◽  
Middle Income ◽  
Domestic Tourism

This study examines the influence of economic uncertainty on tourism. The key hypothesis to test is that while economic uncertainty reduces outbound tourism, it may boost domestic tourism due to the economic-stagnant effects. Utilizing the framework of the theory of reasoned action to analyze a global sample of 124 countries over the period 1996–2017, we find some initial evidence showing that an increase in economic uncertainty encourages domestic tourism while reducing outbound tourism in the global sample. Notably, while these effects are consistent in the upper-middle-income economies, an increase in uncertainty has a positive impact on both domestic and outbound tourism in lower-middle-income economies and a negative impact on both domestic and outbound tourism in higher-income economies. The key implementation of this study is that tourism development is not always associated with economic development and stability; sometimes it could be a signal of economic stagnancy and inactiveness.

scholarly journals Cultural and Social Diversity as an Economic Resource

2021 ◽  
Vol 65 (2) ◽  
pp. 141-155
Author(s):  
Damian S. Pyrkosz
Keyword(s):  
Economic Development ◽  
Negative Impact ◽  
Positive Impact ◽  
Economic Systems ◽  
Main Body ◽  
Social Diversity ◽  
Economic Resource ◽  
Numerous Data ◽  
The Relationship

The paper seeks to identify the role of cultural and social diversity in economic development. It starts by defining the terms that are critical to the analysis, including diversity, fractionalization, polarization, social diversity, cultural diversity and economic resources, as well as providing the most significant indexes thereof. The main body of the paper interprets the notions of cultural and social diversity in terms of being a valuable economic resource. Furthermore, it collects a vast body of literature to demonstrate the relationship between the cultural/social diversity and economic development with regard to adverse or positive impact on the latter. In regard to the negative impact of diversity, the paper identifies it in the area of social communication, social capital and networks, as it effectively causes a decrease in productivity and increase in social conflict and isolation. The positive link is demonstrated with examples in the areas of innovation, creativity, usage of complementary abilities and experiences, and their role in increasing productivity. The paper refers to numerous data sources, studies and indexes illustrating how the economic systems of various countries perform in the context of the paper’s subject-matter.

scholarly journals Analysis and Assessment of New Permanent Teacher Training Activities under the Erasmus+ Program from the Perspective of the Participants of Spain in Times of COVID-19

2021 ◽  
Vol 13 (20) ◽  
pp. 11222
Author(s):  
Daniel Salcedo-López ◽  
Mercedes Cuevas-López
Keyword(s):  
Teacher Training ◽  
Negative Impact ◽  
Positive Impact ◽  
Student Mobility ◽  
The European Union ◽  
International Mobility ◽  
Global Pandemic ◽  
Training Activities ◽  
The University ◽  
The Impact

The Erasmus+ program (2014–2020) is one of the main initiatives developed by the European Commission in the field of education and is the final joint evolution of other minor and prior actions that provide schools and teachers with funding to carry out international mobility projects with a variety of formative activities. The benefits of carrying out international mobility activities to strengthen student learning and teacher training are well known and have been researched or reported even from the early stages of a program that was born back in the 1980s but has always been focused on the university level. When considering teachers at early levels (schools and high schools), the 2014–2020 Erasmus+ program was the main source of funding to grant Spanish teachers permanent training activities abroad with a direct positive impact on their careers. The year 2020 is the last year of the first evolution of the Erasmus+ program, which has been renewed, extended, and strengthened for a new six-year term (2021–2027). However, 2020 has also been a significant year. The COVID-19 global pandemic continues to affect the mobility of citizens within the different territories of the union and, thus, have a direct negative impact on international teacher and student mobility. Being 2020 the end of a cycle and a critical moment, it is the perfect time to conduct an analysis of the data associated with the participation of teachers and schools in Spain, their perceptions of the program, the different activities carried out, and the impact of the pandemic. This research study is based on an analysis of an opinion survey through a nationwide sample of teachers participating in KA101 Erasmus+ projects. This paper gathers and presents data and conclusions using information previously not available that most of the time is published in official reports globally without considering the particularities of the different states of the European Union.

Local Investments Site Selection and the Behavior of the Real Estate Market – Case Study in Poland

2017 ◽  
Author(s):  
Monika Siejka
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Negative Impact ◽  
Real Estate Market ◽  
The European Union ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Real Estate Management

One of the main tasks of real estate management in the area of the municipality is making decisions concerning the location of investments on a local scale. These decisions should be taken with the principle of sustainable development. For such an action obliges Poland's membership in the European Union. Poland as a member of the EU is obliged to implement the rules in force in the Member States. Bearing in mind that any investment impact directly or indirectly on the economic development of the municipality, is therefore a significant impact on the local real estate market. Investments that have a negative impact on the environment can contribute to a reduction in the activity of the local real estate market. While performing tasks related to the economic development of the region and the increase in quality of life, increases the activity of the local real estate market. The work was carried out research on the dynamics of changes in the local real estate market in the area of the municipality Skrzyszow in the Malopolska province in Poland, in connection with the construction of the reservoir.

Impact of Foreign Capital on Economic Development in India: An Econometric Investigation

2017 ◽  
Vol 18 (3) ◽  
pp. 766-780 ◽  
Author(s):  
Kalpana Sahoo ◽  
Narayan Sethi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Capital ◽  
Negative Impact ◽  
Positive Impact ◽  
Private Investment ◽  
Series Data ◽  
Domestic Investment ◽  
Long Run ◽  
Foreign Private Investment

The present study empirically investigates the long-run causal relationship between foreign capital and economic development in India by using the annual time-series data from 1990–1991 to 2013–2014. The study uses some selected macroeconomic variables such as per capita government expenditure on education (PcGEE, as an indicator of economic development), gross domestic product (GDP, as an indicator of economic growth), gross capital formation (GCF, as an indicator of domestic investment), official development assistance (ODA, as an indicator of foreign official inflows) and foreign direct investment (FDI, as an indicator of foreign private investment) for its empirical analysis. By using the cointegration test and the vector vector-error correction model (VECM) technique, this study finds that in the long run, domestic investment has shown a significant and positive impact on economic development, whereas, ODA, FDI and GDP have shown a significant negative impact on it. It concludes that domestic investment, foreign capital along with economic growth have a significant impact on economic development in India in long run. It suggests that the national developmental policy of India should focus on the productive utilization of both domestic and foreign capital along with it should give emphasis on effective transformation of growth benefits towards development process.

scholarly journals Arab Spring vs. Zero Problems Policy Impact of the Arab Spring on the Trade Expansion of Turkey

2013 ◽  
Vol 2 (4) ◽  
pp. 21-36 ◽  
Author(s):  
Engin Sorhun
Keyword(s):  
Arab Spring ◽  
Negative Impact ◽  
Positive Impact ◽  
Middle Eastern ◽  
Arab Countries ◽  
Trade Volume ◽  
The European Union ◽  
Trade Expansion ◽  
Trade Potential ◽  
The Arab Spring

Although Turkey has historically concentrated its trade with the European Union (EU) it has diversified its trade markets with the neighbouring regions and different group of countries during the last decade. Among them, Arab countries have come into prominence. Especially, following the “zero problems with neighbours” policy (ZPN), pursued by Turkey since 2002, the trade volume with the Middle Eastern neighbours has increased faster than that with its traditional partners. Nevertheless so called “Arab Spring” has started to manifest its effects on this trend. It deteriorates not only the economies of the concerned countries but also Turkey’s trade expansion. This paper aims: (i) to test through a gravity model the positive impacts of the ZPN policy and the negative impact of the Arab Spring on the trade expansion with the Spring Countries; and (ii) to reveal the positive impact of the policy change and the negative impact of the uprising movements on the realization of trade potential by Turkey in the Spring Countries.

scholarly journals Impacts from Economic Development and Environmental Factors on Life Expectancy: A Comparative Study Based on Data from Both Developed and Developing Countries from 2004 to 2016

2021 ◽  
Vol 18 (16) ◽  
pp. 8559
Author(s):  
Zhiheng Chen ◽  
Yuting Ma ◽  
Junyi Hua ◽  
Yuanhong Wang ◽  
Hongpeng Guo
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Gini Coefficient ◽  
Negative Impact ◽  
Positive Impact ◽  
Developed Countries ◽  
Environmental Indicators ◽  
Gdp Per Capita ◽  
Per Capita ◽  
Urbanization Rate

Both economic development level and environmental factors have significant impacts on life expectancy at birth (LE). This paper takes LE as the research object and selects nine economic and environmental indicators with various impacts on LE. Based on a dataset of economic and environmental indicators of 20 countries from 2004 to 2016, our research uses the Pearson Correlation Coefficient to evaluate the correlation coefficients between the indicators, and we use multiple regression models to measure the impact of each indicator on LE. Based on the results from models and calculations, this study conducts a comparative analysis of the influencing mechanisms of different indicators on LE in both developed and developing countries, with conclusions as follow: (1) GDP per capita and the percentage of forest area to land area have a positive impact on LE in developed countries; however, they have a negative impact on LE in developing countries. Total public expenditure on education as a percentage of GDP and fertilizer consumption have a negative impact on LE in developed countries; however, they have a positive impact on LE in developing countries. Gini coefficient and average annual exposure to PM2.5 have no significant effect on LE in developed countries; however, they have a negative impact on LE in developing countries. Current healthcare expenditures per capita have a negative impact on LE in developed countries, and there is no significant impact on LE in developing countries. (2) The urbanization rate has a significant positive impact on LE in both developed countries and developing countries. Carbon dioxide emissions have a negative impact on LE in both developed and developing countries. (3) In developed countries, GDP per capita has the greatest positive impact on LE, while fertilizer consumption has the greatest negative impact on LE. In developing countries, the urbanization rate has the greatest positive impact on LE, while the Gini coefficient has the greatest negative impact on LE. To improve and prolong LE, it is suggested that countries should prioritize increasing GDP per capita and urbanization level. At the same time, countries should also work on reducing the Gini coefficient and formulating appropriate healthcare and education policies. On the other hand, countries should balance between economic development and environmental protection, putting the emphasis more on environmental protection, reducing environmental pollution, and improving the environment’s ability of self-purification.

scholarly journals DAMP AI( HAMBATAN NON-TARIF TERHADAP PERMINT AAN EKSPOR UDANG INDONESIA KE UNI EROPA

Agro Ekonomi ◽  
2016 ◽  
Vol 14 (1) ◽  
pp. 17
Author(s):  
Toni Kuswoyo ◽  
Dwidjono Hadi Darwanto ◽  
Slamet Hartono
Keyword(s):  
Food Security ◽  
Negative Impact ◽  
Positive Impact ◽  
Export Price ◽  
Least Square ◽  
The Other ◽  
The European Union ◽  
Analysis Model ◽  
Dummy Variables ◽  
The Eu

This research was aimed to determine theforms of the non-tarifbarrier and its impact to the Indonesian shrimp export demand to the European Union (EU), beside the other factors as constructor of demand function. This research used secondary data (lime series) during 23 years (1984-2006): shrimp export volume (Qd), shrimp export price (Px), domestic shrimp price (Pd), crab export price (Pk), exchange rate from the importing countries, and commerce regulations which is peiformed by EU as dummy variables. The data collected from DKP, BPS, Depdag, internet, and other relevant institutions. Peculiarly, the dummy variable grouped into 6 groups: RASFF (DI), contaminant (D2), certain substances & residues (D3), health conditions & food hVf!iene rules (D4), HCCP (D5), and marketinf! standards (D6).This research used the multiple regression analysis model, with the tolerant time (!gg) I year from tfor several dummy variables. Analysis were conducted at 6 markets: UE as a whole, Dutch, United Kingdom (UK), French, Germany, and Belgia and Luxemburg. Testing of the classical assumptions conducted by the econometric criterions is covering the economic and statistic criterions. The estimation of the regression parameters conducted by the smallest square method (ordinarv least SQuare. OLS) and model repaired as the effect of existence of the first order autocorrelation by a comand "auto". The equation model related to the Coob-Douglas model, was transformed into the natural logarithm model in order to easiZv analyzed in package program of statistics.Result of the analysis indicated that the commerce regulations applied by the EU, which its vary to each state, entirely has the negative impact to the Indonesian shrimp export to the UE, except D4 for the UK that shown the positive impact. Several regulations known newly indicated the effect which itsformed into Jgg or its impact is newly felt I year after the regulations enter into force. Thefact strengthen the assumption that applying of commerce regulations by the UE can be the disguised restriction to trade, in this case included to the non tarifbarrier. The sixth groups of the regulationswere very related to the food security and traceability aspect, or in its bearing with the WTO agreements were very related to the SPS and TBT aspect. This invention also strengthen the assumption that non-tarif barrier which newly developed by the advanced countries to control the importation from the other countries were deal with the food security and traceability aspect, or the SPS and TBT aspect. The quantitative non- tarif barrier, example import quota or embargo, were rarer in used. Ap-parently, the EU doesn't wishtoooutspokenin theeffort to control its commerce with the other countries.Realizedor not, in thepresentnon-tarif barrier haveimportantposition to determinewhetheror not thefluent of theinternational trade

To Characteristic the Uneven Economic Development of the European Union

2019 ◽  
pp. 63-73
Author(s):  
V.S. Osipov
Keyword(s):  
European Union ◽  
Economic Development ◽  
Negative Impact ◽  
Econometric Modeling ◽  
The European Union ◽  
Significant Excess ◽  
Global Trends ◽  
Macroeconomic Indicators ◽  
The Difference ◽  
The Eu

The article attempts to econometric modeling of the influence of a complex of factors on the volume and dynamics of the economies of the member States of the European Union, taking into account their differentiation. The main results of the author’s research are as follows. First, the fundamental coincidence of trends in the EU GDP dynamics with global trends and the presence of a strong negative impact on this dynamics of the global crisis of the late 2000s have been established. Secondly, it is once again confirmed that there is a significant differentiation between the founding States of the EU and the countries that joined it after 1990, expressed in a significant excess of macroeconomic indicators of the first group of countries of similar indicators of the second group. Thirdly, the difference between the combinations of factors influencing economic development in the two groups of EU countries is revealed, which once again testifies to the bloc nature of the EU structure.

Discriminatory labour market experiences of A8 national high skilled workers in the UK

2014 ◽  
Vol 1 (1) ◽  
pp. 17-31 ◽  
Author(s):  
Ibrahim Sirkeci ◽  
Necla Acik ◽  
Bradley Saunders
Keyword(s):  
Labour Market ◽  
Negative Impact ◽  
The European Union ◽  
Skilled Workers ◽  
Skill Levels ◽  
Skills Mismatch ◽  
Annual Population ◽  
Employment Rates ◽  
The Uk ◽  
The Impact

Overqualification among migrants, defined as being employed in a job that is below their acquired skill levels through education, is well-known. Recent studies show that overqualification is more likely amongst migrants who work in the older EU15 member states. Similar studies carried out in the UK supports the argument that minorities suffer from ethnic and religious penalties in the labour market, especially among high skilled groups. Despite the relatively high employment rates of A8 migrants in the UK, they tend to be overwhelmingly employed in elementary occupations (i.e. requiring low skill levels) and likely to be underpaid. Very few studies have examined the propensity of overqualification of A8 nationals working in the UK. We have adopted the skills mismatch model to examine the skills level mismatch for the A8 migrants.  Therefore, a time-series analysis was carried out using  the Annual Population Survey for the period of 2005 to 2012 which marks the beginning and end of restrictions for access to the labour market for A8 nationals across the European Union. This has also given us a time span of 8 years during which the UK economy fall into recession from 2007 onwards.. The evidence shows that A8 nationals have been subject to ethnic penalties in the high end of the labour market irrespective of the impact of the financial crisis. It is very common that they take up posts for which they are overqualified, or in other words, overeducated. This is particularly important as discrimination at that level is likely to have negative impact on economic recovery by supressing the full skill and entrepreneurial potential of this particular group in the UK labour market.

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