A Temporal and Situational Approach in Tourism Education as a Mechanism for Economic Growth and Development

2020 ◽  
pp. 151-175
Author(s):  
Evangelina Cruz Barba
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Growth And Development ◽  
Web Of Science ◽  
Positive Impact ◽  
Review Of The Literature ◽  
Economic Growth And Development ◽  
Tourism Education ◽  
Growth Economic

The argument of this chapter is that tourism education can generate a positive impact on the economic growth of a country by fostering a link between education and work, including economic development. A review of the literature based on the use of bibliometric techniques is performed, but quantification of the work is not conducted; however, Web of Science and Scopus, among other databases, are consulted in relation to economic growth, economic development, human capital and tourism education. All this around the theoretical economic and sociological framework that sustains this work.

scholarly journals Pertumbuhan ekonomi dan ketimpangan pembangunan ekonomi antar wilayah kebijakan pembangunan di Provinsi Jawa Timur

2017 ◽  
Vol 5 (2) ◽  
pp. 163
Author(s):  
Maretha Berlianantiya
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Development Policy ◽  
Growth And Development ◽  
Secondary Data ◽  
Measure Development ◽  
Policy Area ◽  
Economic Growth And Development ◽  
Analysis Technique ◽  
The Relationship

<p><em>This study aimed toknow the relationship and the pattern between economic growth and inequality of economic development in East Java at 2004- 2013. It is determined by the characteristics of development policy area in East Java at 2004- 2013.This research is carried out in East Java province that contains of 29 regencies and 9 cities. They are divided into 4 Bakorwil. This research uses the secondary data, then analyzed by analysis technique of Williamson Index to measure development inequality, correlation of moment product and Regression Curve Estimation.The results of this research are (1) the relationship pattern between economic growth and development inequality tends to be “U” so Kuznets hypothesis does not apply in East Java, and the correlation value of product moment does not significant so the relationship economic growth and development inequality cannot be described. (2) In each Bakorwil, the relationship pattern between economic growth and inequality of economic development is influenced by the characteristics of development policy area in East Java province, likewise with its correlation.</em></p>

scholarly journals Institutional obstacles to Brazil’s economic growth and development

2015 ◽  
pp. 7-16
Author(s):  
Werner Baer
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Exchange Rate ◽  
Research And Development ◽  
Educational System ◽  
Growth And Development ◽  
Economic Growth And Development ◽  
The Arts ◽  
Infrastructure Investments

This article tries to discover some of the roots behind Brazil’s slow economic growth. These include the generally low investment/GDP ratio, the country’s incapacity to implement timely infrastructure investments, the long-term overvalued exchange rate, the poverty of human capital, the incapacity to do state-of-the-arts research and development, and the weak educational system.

scholarly journals PENGARUH PERTUMBUHAN EKONOMI TERHADAP DISPARITAS PEMBANGUNAN DI PROPINSI SUMATERA SELATAN

2019 ◽  
Vol 15 (1) ◽  
pp. 14-22
Author(s):  
Endang Kusdiah Ningsih ◽  
Dwi Eka Novianty ◽  
Sri Ermeila
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Negative Impact ◽  
Positive Impact ◽  
Pearson Correlation ◽  
National Income ◽  
Secondary Data ◽  
Economic Growth And Development ◽  
Kuznets Hypothesis ◽  
Economic Growth Rates

Economic growth of any counties had positive and negative impact. A positive impact is an increase in national income and negatif impact are inequility of personal income distribution and development disparities. Economic growth in province of South Sumatera also had that impact. The purposes of this research is to prove empirically relationship and patterns of linkages between economic growth and development disparities. The data that used is secondary data obtained from Central Statistic Agency in the form of economic growth rates, gross regional domestic product per capita and total population of the province of South Sumatera during the period 2010-2017. The analysis use with Williamson Index to measure development disparities and Pearson Correlation to find out the relationship between economic growth and development disparities and to prove Kuznets hypothesis. The result of this analysis are : (1)development disparities in the province of South Sumatera during the period 2010-2017 , including height indicated by the Williamson Index more than 0,5. (2) Pearson Correlation is -0,253 show that there is a negatif relationship between economic growth and development disparities and this proved that the Kuznets hypothesis (curve U-Reserved) also occur happen in this province. It means, that economic growth is inversely proportional to development disparities.(3) R Square is 0,064 , means the effect ofeconomic growth on development disparities is 6% and 94% influenced by other factors

scholarly journals Financing Human Development for Sectorial Growth: A Time Series Analysis

2017 ◽  
Vol 10 (1) ◽  
pp. 51-67 ◽  
Author(s):  
Abdul Olatunji Shobande ◽  
Charles Etukomeni
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Human Development ◽  
Growth And Development ◽  
Human Capital Development ◽  
Economic Growth And Development ◽  
Long Run ◽  
Depth Relationship ◽  
Capital Development ◽  
The Impact

Abstract The role which financing human development plays in fostering the sectorial growth of an economy cannot be undermined. It is a key instrument which can be utilized to alleviate poverty, create employment and ensure the sustenance of economic growth and development. Thus financing human development for sectorial growth has taken the center stage of economic growth and development strategies in most countries. In a constructive effort to examine the in-depth relationship between the variables in the Nigerian space, this paper provides evidence on the impact of financing human development and sectorial growth in Nigeria between 1982 and 2016, using the Johansen co-integration techniques to test for co-integration among the variables and the Vector Error Correction Model (VECM) to ascertain the speed of adjustment of the variables to their long run equilibrium position. The analysis shows that a long and short run relationship exists between financing human capital development and sectorial growth during the period reviewed. Therefore, the paper argues that for an active foundation for sustainable sectorial growth and development, financing human capital development across each unit is urgently required through increased budgetary allocation for both health and educational sectors since they are key components of human capital development in a nation.

scholarly journals Impact of Monetary Policy on GDP of India

2018 ◽  
Vol 5 (2) ◽  
Author(s):  
Om Prakash Agrawal ◽  
Prateek Kumar Bansal
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Gross Domestic Product ◽  
Growth And Development ◽  
Positive Impact ◽  
Economic Growth And Development ◽  
Credit Supply ◽  
Independent Variable ◽  
Tools And Techniques ◽  
The Impact

Monetary policy is a measure which is decided by the Apex bank to regulate currency supply and credit control in the Indian economy where as gross domestic product (GDP) is an indicator of growth and development of the economy. Monetary policy and its components i.e. CRR, SLR, BR, RR, RRR and MSF (Marginal Standing Facility) have impact on the inflation, credit supply in market and GDP of the country. The purpose of this study is to examine the impact of various financial components of monetary policy on the GDP, which is an index of economic growth and development of the economy. It has been observed during the study that monetary policy of the nation has positive impact on the GDP by applying the various tools and techniques with the help of Econometrics. In this study, GDP is used as dependent variable while components of monetary policy are used as independent variable to examine the impact.

scholarly journals The Importance of Entrepreneurship as a Contributing Factor to Economic Growth and Development: The Case of Selected European Countries

2018 ◽  
Vol 10 (4(J)) ◽  
pp. 287-299 ◽  
Author(s):  
Natanya Meyer ◽  
Jacques De Jongh
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth And Development ◽  
Time Series Data ◽  
Early Stage ◽  
Poverty Line ◽  
Entrepreneurial Activity ◽  
Series Data ◽  
The European Union ◽  
Economic Growth And Development

Entrepreneurship has been pointed out as a key contributor to sustained economic growth and development as it not only creates employment, but increased spending in markets, knowledge transfers, employment and innovation. However, very few studies exist that empirically measures the relationship between the three variables; economic growth, economic development and entrepreneurship. Therefore, the purpose of this study is to determine and highlight the importance of entrepreneurship as a contributing factor to economic growth and development. Traditionally, economic growth is measured by the gross domestic product (GDP) of a country. As no formal measurement of economic development exists, an index was created taking into consideration the Human Development Index (HDI), percentage population above the poverty line and employment rate. The entrepreneurship development variable is measured by the Total Early-Stage Entrepreneurial Activity (TEA). The study followed a quantitative research design and made use of secondary time series data with the sample period ranging from 2005 to 2016. The study area comprised five selected member states of the European Union (EU) which included Germany, the Netherlands, Hungary, Belgium and Poland. Findings suggest that economic growth, development and entrepreneurship seem to be inexplicably connected. As several other factors may also contribute to the fluctuations of economic growth and development results differed from one country to another. However, the analyses from the Dutch, Hungarian and Polish economies for the period under consideration reveal correspondingly healthy economic and social environments where entrepreneurial climates are flourishing. The analysis from Germany and Belgium, however reveal subdued entrepreneurial development. Based on these findings, it is recommended that the development of SME sectors especially in transition economies be centralised as important focus areas towards improving economic and social growth outlooks. In turn, policy stakeholders should ensure the creation of enabling environments structured around responsive micro and macro decision-making. 

scholarly journals An Investigation of the Unemployment of Higher Educated Manpower in Iran

2012 ◽  
Vol 2 (2) ◽  
pp. 142
Author(s):  
Ghasem Sameei
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Physical Capital ◽  
Cultural Factors ◽  
Survey Study ◽  
The World ◽  
Effective Use ◽  
Growth Economic

The importance and value of educated manpower (human capital) has become an important issue in economic development of countries throughout the world. In fact, effective use of physical capital itself is dependent upon human capital. Through a survey study, the present paper aimed at investigating the causes of unemployment of higher educated manpower (HEM) in Iran. The results of the study indicated that administrative, educational, economical and socio-cultural factors respectively have an influential effect on unemployment of HEM. The study has offered some implications to policy makers.Keywords: Higher educated manpower, Human capital, Economic growth, Economic development

scholarly journals The Importance of Entrepreneurship Education on Economic Growth

2016 ◽  
Author(s):  
Harun Bal ◽  
Erhan İşcan ◽  
Birgül Katar
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Growth And Development ◽  
Creative Thinking ◽  
Entrepreneurship Education ◽  
Physical Capital ◽  
Industrial Society ◽  
Capital Theory ◽  
Economic Growth And Development ◽  
The Impact

Entrepreneurship is one of the prominent individual properties in transition from industrial society to artificial intelligence society. It is extremely important to raise entrepreneurs who can easily adapt to changing circumstances, in a society’s economic growth and development. An entrepreneurship has different qualities in terms of manners and attributes such as leadership, ability to see the opportunities, to pursue the innovations, to take risk, independence, diligence, creative thinking, fast problem solving. It is thought to be the economic growth depended on physical capital increase as well as labor and capital. Education is the most crucial component of human capital. In recent years, the most striking result of endogenous growth model of Romer who contributed the improvement of human capital theory is relatively the economies that have higher sum of human capital rate will have higher economic growth rate. The main aim of this study is to determine the impact of the entrepreneurship education on economic growth and development. For this aim a questionnaire is prepared to analyze the potential impact of the entrepreneurship education on economic growth and development. Results of analyze shown that the entrepreneurship education is necessary and important for entrepreneurship. Therefore, entrepreneurship education and training is sufficient for economic growth. The policy makers should spend more resources on the education that increases the human and social capital.

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