Role of Technology and Entrepreneurship in Economic Development

2020 ◽  
pp. 56-70
Author(s):  
Amit Singh ◽  
Sheetal Maurya
Keyword(s):  
Economic Development ◽  
Positive Impact ◽  
Statistical Significance ◽  
Least Square ◽  
Technological Readiness ◽  
Resource Rents ◽  
Panel Data Regression ◽  
Data Regression ◽  
Entrepreneurial Activities

This chapter examines the role technological readiness and level of entrepreneurial activities has on economic development of select South Asian countries viz; India, Pakistan, Bhutan, and Nepal. As per comparative analysis, India outranks its neighbour countries in term of technological readiness and innovation. The role of entrepreneurial activities in economic development and its statistical significance is studied using Least Square Panel Data Regression using GDP at Current Prices as dependent variable and total number of newly registered LLC, total natural resource rents, government final consumption expenditure, and gross secondary enrollment rate as independent variables. The data on these variables was collected for the period of 2006-2017. The present study reports statistically significant (at 1%) positive impact of government final expenditure and entrepreneurial activities on economic development in select developing countries.

scholarly journals DETERMINASI EKSPOR, INVESTASI, DAN PRODUKTIVITAS TERHADAP PERTUMBUHAN DI SEKTOR PRIMER DAN SEKUNDER INDONESIA PERIODE 2005-2014

Media Trend ◽  
2016 ◽  
Vol 11 (2) ◽  
pp. 154
Author(s):  
Santi Rizkiyanti ◽  
Lilis Yuliati ◽  
Moehammad Fathorrazi
Keyword(s):  
Economic Growth ◽  
Negative Impact ◽  
Positive Impact ◽  
Regression Method ◽  
Least Square ◽  
Secondary Sector ◽  
Panel Data Regression ◽  
Data Regression ◽  
Economy Condition ◽  
The Impact

<p><em><span>Economic growth is an indicator to determine the overall of economy condition. There are some leading sectors that become jump-start economic growth of a country. They are the primary sectors consist of agriculture and mining, and the secondary sector is processing industry. This research aims to understand the impact of export, investment, and productivity to economic growth in Indonesia’s primary and secondary sectors. This research uses the panel data regression method (Panel Least Square). From the estimation result, fixed effect is the best model of the model selection using the Chow test. It is shown by partial test (t-test) that exports, investment and productivity have a positive and significant impact to economic growth in Indonesia’s primary and secondary sectors.</span></em> <em><span>In a cross-sectoral, relative estimation results indicate that exports of agricultural and industrial have positive impact on the growth while the mining sector has a negative impact. In other side, investment and productivity of primary sectors (agricultur and mining) have negatif impact on growth while the industrial has positive impact. </span></em></p>

scholarly journals PERAN PEBANKAN SYARIAH TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA

2020 ◽  
Vol 9 (2) ◽  
Author(s):  
Ilhamdi Ilhamdi
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Gross Domestic Product ◽  
Positive Impact ◽  
Secondary Data ◽  
Islamic Banking ◽  
Panel Data Regression ◽  
Data Regression ◽  
Conventional Banks

This study aims to determine the role of Islamic banking on economic growth in Indonesia and to compared it with conventional banks. In recent years, Islamic banking has increased in terms of assets. By using panel data regression, this study examines the effect of Islamic banking on economic growth. Besides that, how big is the level of elasticity to economic growth. This study uses secondary data in the form of Gross Domestic Product (GDP), Islamic banking financing and credit by conventional banks. The results showed that Islamic banking and conventional banks had a positive impact on economic growth with the level of elasticity of Islamic banking still below conventional banks. So the existence of Islamic and conventional banks does not always replace, but complement each other in Indonesia.

Analisa Ketimpangan Pembangunan Ekonomi Pada Setiap Sektor Kecamatan Di Kabupaten Cilacap Tahun 2013-2018

CICES ◽  
2019 ◽  
Vol 5 (2) ◽  
pp. 159-170
Author(s):  
Sendy Zul Friandi ◽  
Adinda Heryuningtyas ◽  
Anggi Rechandini
Keyword(s):  
Economic Development ◽  
Panel Data ◽  
Population Growth ◽  
Level Of Education ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Data Regression ◽  
Poor Families ◽  
Positive Effect

The research aims to: 1) Be able to know about the development of economic development in each sub-sector starting from 2013 to 2018. 2) Can know the role of the component influence on regional share growth towards the imbalance of economic development in each sub-sector of the district 3) Can know the role of the component influence on proportional shift growth towards the imbalance of economic development in each sector of the sub-district. 4) Can know the role of component influence on the competitive shift growth in economic development imbalances in each sector of the sub-district. 5) Can know the role of the influence of the number of population with the level of education of High School and Higher Education towards the imbalance of economic development in each sector of the sub-district. 6) Can know the effect of the total number of poor families on the imbalance of economic development in each sector of the sub-district. 7) Can know the effect of migration population growth on the imbalance of economic development in each sector of the sub-district.This research is also a descriptive and quantitative study. The data used in this study were secondary data types from 24 sub-districts in Cilacap Kabupaten taken in 2013-2018. The analysis technique that I use for the descriptive analysis method is using the Klassen Tipology matrix, while the quantitative analysis technique that I use to process panel data regression analysis is the Fixed Effect model.The results of this study can show that: 1) Based on Klassen's Tipology, not all sub-districts can experience positive development of economic development, because there are ten sub-districts that have declined to become negative fluctuating regions and have declined to relatively lagging regions. 2) Analysis using panel data regression can show regional share growth component variables that are not included or omitted from a model. 3) Component variable proportional shift growth does not only significantly influence the imbalance of economic development in the sub-district sector. 4) Variable components of competitive shift growth are seen to have a significant and positive effect on the inequality of economic development in the sub-district sector. 5) Variable number of population with the level of education of senior secondary and tertiary education has a significant and positive effect on the imbalance of economic development in the sub-district sector. 6) Variables of the number of poor families can have a significant and negative effect on the imbalance of economic development in the sub-district sector. 7) Variable migration population growth does not significantly influence the imbalance of economic development in the sub-district sector.

scholarly journals The economic impact of migration in the Era of Globalization

2019 ◽  
Vol 1 (1) ◽  
pp. 304-311
Author(s):  
Diana Valentina Lupoiu ◽  
Cristi Raceanu
Keyword(s):  
European Union ◽  
Economic Development ◽  
External Source ◽  
The European Union ◽  
Panel Data Regression ◽  
Data Regression ◽  
And Migration ◽  
Macroeconomic Determinants ◽  
The Impact

Abstract The phenomenon of globalization has greatly influenced migration in recent years in the European Union. In this article we aim to analyze the benefits of migration in the economy by emphasizing the impact of remittances on the economic development of a country. Remittances are considered as an external source of important, stable funds that help the economic development of a country. We identify also the macroeconomic determinants of remittances. For the statistical and econometric analysis of these factors, we have chosen to use the Panel Data Regression for the countries of the European Union. To analyze the benefits of remittances, the most appropriate macroeconomic indicator is GDP. So in the first part of the article we will present the impact of globalization and migration on remittances, and in the second part we will highlight the economic growth through the presence of remittances. This article examines the role of migrants as a particular segment of the market and as a resource for development. All aspects to be analyzed will outline an overview of population emigration and factors that influence the development of the economy at a time when globalization is on the rise.

scholarly journals The effect of intellectual capital and shariah supervisory boards on social performance of Islamic banks

2021 ◽  
Vol 9 (3) ◽  
pp. 117
Author(s):  
Bima Cinintya Pratama ◽  
Amrizah Kamaluddin ◽  
Shukriah Saad
Keyword(s):  
Intellectual Capital ◽  
Positive Impact ◽  
Social Performance ◽  
Islamic Banks ◽  
Governance Mechanism ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Social ◽  
Supervisory Boards

This study examined Islamic banks' social performance by considering Intellectual Capital (IC) and Shariah Supervisory Boards (SSB) as antecedents. More specifically, it examined the antecedents that can exert the role of IC and governance mechanism of SSB in enhancing Islamic banks’ social performance. Therefore, this study empirically analyzed the effect of IC and SSB on social performance in Indonesian Islamic banks with a sample of 14 Islamic banks throughout the period 2008-2019. To test the research hypotheses, panel data regression model analysis was applied. The results did not establish a positive impact of intellectual capital on the banks’ social performance. This result indicated that the size of intellectual capital might not lead to better social performance. This outcome may be due to IC still being the focus of financial performance such that it has not been utilized to optimize the social performance of Islamic banks. The results also showed that SSBs have a positive effect on social performance. It can be concluded that Supervisory Boards could monitor the social activities conducted by Islamic banks, leading to an improvement in the activities. This study helps to bolster the understanding of the role of IC and SSB governance in enhancing the social performance function of Islamic banks.

Factors Influencing Capital Structure of Shariah-Compliant Malaysian Telecommunications and Media Companies

2021 ◽  
Vol 12 (3) ◽  
pp. 582-591
Author(s):  
Mohd Faizal Basri Et.al
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Least Square ◽  
Sales Growth ◽  
Pecking Order ◽  
Ordinary Least Square ◽  
Media Companies ◽  
Panel Data Regression ◽  
Data Regression ◽  
Equity Ratio

This paper explores the firm-specific factors,which are assets tangibility, sales growth, profitability, and firm size in ascertaining the capital structure of Shariah-compliant telecommunications and media companies in Malaysia. Panel data regression model based on ordinary least square (OLS) method was employed in the research. The sample of research comprisesof nine Shariah-compliant companies listed in telecommunications and media sector in the Main Market and Ace Market ofBursa Malaysiafrom 2009to 2018, with a 90firms-years of total number of observations. The dependent variable selected was debt to equity ratio. Meanwhile, the independent variables chosen were assets tangibility, sales growth, profitability, and firm size. Thefindings revealed thatassets tangibilityhas a positive relationship, while profitability is negatively related to the dependent variable. Conversely, sales growth and firm size were insignificant to debt to equity ratio.The pecking order and trade-off theories of capital structure is very much applicable to the Shariah-compliant telecommunications and media in Malaysia sinceassets tangibility and profitability have significant relationship with leverage.

scholarly journals Impacts of Monetary Policy on Commercial Banks’ Profits: The Case of Vietnam

2017 ◽  
Vol 13 (8) ◽  
pp. 32
Author(s):  
Thanh Nhan Nguyen ◽  
Ngoc Huong Vu ◽  
Ha Thu Le
Keyword(s):  
Monetary Policy ◽  
Commercial Banks ◽  
Positive Impact ◽  
Monetary Policies ◽  
Significance Level ◽  
Doing Business ◽  
Panel Data Regression ◽  
Banking Market ◽  
Data Regression ◽  
The Impact

This paper mainly concentrates on examining the impact of monetary policy on commercial banks’ profit in Vietnam by using panel data regression. In our study, the data is collected from 20 commercial banks which were doing business in Vietnam’s banking market, ranging from 2007 to 2014 in annually frequency. Monetary base (MB), discount rate (DIS) and required reserve ratio (RRR) are used as proxies for monetary policy. Profit before tax (PROFIT) is used to represent commercial banks’ performance. The results show that there is a positive relationship between banks’ profits and monetary policies. Among those chosen variables representing SBV’s monetary policy, only MB has a significant positive impact on bank’s profit at the significance level of 10%. On this premise, the study recommends that MB should be one of the variables in the center of being concerned in the SBV’s policies regarding the banking performance and stability.

scholarly journals Islamic Bank Financing and Its Effects on Economic Growth: A Cross Province Analysis

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Muhammad Anif Afandi ◽  
Muhammad Amin
Keyword(s):  
Economic Growth ◽  
Fixed Effects ◽  
Islamic Banking ◽  
Fixed Effects Model ◽  
Islamic Bank ◽  
Bank Financing ◽  
Panel Data Regression ◽  
Data Regression ◽  
Almost All

Islamic banking industry shows a reasonably good development, one of which is marked by an increase in service coverage in almost all provinces in Indonesia. However, the question is how far Islamic banking capable of contributing to the improvement of Indonesia's economic growth? The purpose of this research is to examine the role of Islamic banking in promoting inclusive economic growth with a sample of 33 provinces in Indonesia. The method used in this research is panel data regression using the fixed effects model. The results show that Islamic bank financing does not have an impact on Indonesia's economic growth. In other words, the results of the research provide information that the existence of Islamic banking in Indonesia has not yet give a significant impact on the welfare of Indonesian society

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 The implications for bank risk posed by the bail-in amendments to the ranking of unsecured senior debt instruments in insolvency hierarchy

2021 ◽  
Vol 10 (2) ◽  
pp. 108-117
Author(s):  
Laurence Jones ◽  
Enrico Geretto ◽  
Maurizio Polato ◽  
Giulio Velliscig
Keyword(s):  
Side Effects ◽  
Panel Data ◽  
Bank Risk ◽  
Panel Data Regression ◽  
Data Regression ◽  
Bank Managers ◽  
Before And After ◽  
Asset Class ◽  
European Banks

Given the scarce empirical research supporting the branch of literature investigating the shortcomings of the bail-in regime (Hadjiemmanuil, 2015; Walther & White, 2020; Tröger, 2020), this paper offers a contribution in this regard investigating the implications for bank risk posed by the amendments to the unsecured senior debt asset class required to enhance the bail-in regime. To this purpose, we use a sample of 46 banks distributed over 17 European countries over the period of Q1 2010–Q4 2019. We thus run a fixed effect panel data regression over the entire period and also over the subperiods before and after the start of the overhaul of the unsecured senior debt asset class. Our main result points out the significant role of unsecured senior debt in explaining bank’s risk after the start of the amendments campaign which allowed this asset class to serve the enhancement of the bail-in regime. We attribute this result to the uncertain gone-concern loss-absorbing capacity of unsecured senior debt and its material cost exacerbated by the bail-in buffer shortfall of many European banks. Our result pique policymakers’ attention to the side-effects of the amendments to the bail-in regime and further guide bank managers’ decisions about regulatory funding strategies.

Sign in / Sign up

Export Citation Format

Share Document