Identifying the Relationship Between Health Investment and Economic Development

2020 ◽  
pp. 1-30
Author(s):  
Serkan Eti ◽  
Yaşar Gökalp ◽  
Nurcan Okçuoğlu Tosun
Keyword(s):  
Economic Development ◽  
Clustering Analysis ◽  
Health Expenditures ◽  
Developed Countries ◽  
Health Investment ◽  
Country Group ◽  
Significant Relationships ◽  
Table Analysis ◽  
Development Levels ◽  
The Relationship

The purpose of this study is to reveal the relationship between the economic development of countries and the importance they attach to health. In this context, macroeconomic data on the economic development levels and health of 127 countries were included in the study. In the application part of the study, clustering and cross-table analysis were used. As a result of the k-means clustering analysis, a 76.4% similarity was found between the three countries groups and the economic development levels. Therefore, it is possible to talk about significant relationships between health expenditures/investments and economic development. In addition, it is seen that 90% of the country group that attaches importance to health expenditures consists of developed countries.

The relationship among tourism, poverty, and economic development in developing countries

2016 ◽  
Vol 22 (6) ◽  
pp. 1174-1190 ◽  
Author(s):  
Namhyun Kim ◽  
HakJun Song ◽  
Ju Hyun Pyun
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Tourism Industry ◽  
Least Developed Countries ◽  
Income Per Capita ◽  
International Dollar ◽  
Heterogeneous Effects ◽  
Per Capita ◽  
The Relationship

This study investigates the relationship among tourism, poverty, and economic development in developing countries. The empirical model is set up using unbalanced panel observations for 69 developing countries for the period 1995–2012. The findings show that tourism has heterogeneous effects on the poverty ratio in terms of a country’s income per capita: the positive effect of tourism on poverty alleviation switches to being negative after a certain threshold of a country’s income level. The results of this study indicate that only the least developed countries (those with an income per capita below international dollar 3400) have benefited from the tourism industry in terms of reducing their poverty ratios.

scholarly journals Human Capital and the Level of Economic Development

2018 ◽  
Vol 14 (2) ◽  
pp. 31
Author(s):  
Rewat Thamma-Apiroam
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Developed Countries ◽  
Causality Test ◽  
Capital Growth ◽  
Level Of Economic Development ◽  
The Government ◽  
The Relationship ◽  
Developing And Developed Countries

This study aims at testing the causal relationship between human capital via the government spending share on education and economic growth using cross-country evidence and investigating the relationship pattern between such human capital – growth and the level of economic development based on 30 country data. The study employs a standard approach through uniting root test and Granger causality test. The data is annually collected during the periods 1983 – 2012, totaling to 30 observations. The finding indicates that for both developing and developed countries, education human capital cannot explain much the economic growth and vice versa. In addition, from the relationship pattern between human capital – growth and the economic development level neutrality is the most commonly found pattern for both developing and developed countries. However, we see somewhat difference between them in terms of causation running from growth to human capital. That is, the number of developed countries is almost double as compared to the developing ones. This gives rise to a policy implication for developed countries in that it should put more emphasis on the government education spending share to GDP since it can help boost human capital in the long run.

scholarly journals Does Polycentric Development Improve Green Utilization Efficiency of Urban Land? An Empirical Study Based on Panel Threshold Model Approach

Land ◽  
2022 ◽  
Vol 11 (1) ◽  
pp. 124
Author(s):  
Siqi Yan ◽  
Jian Wang
Keyword(s):  
Economic Development ◽  
Threshold Model ◽  
Urban Land ◽  
Utilization Efficiency ◽  
Government Investment ◽  
Nonlinear Characteristics ◽  
Development Levels ◽  
Using Data ◽  
The Relationship ◽  
Model Approach

In the context of increasing resource and environmental constraints, measurement and determinants of green utilization efficiency of urban land (GUEUL) is currently the subject of a rapidly expanding literature. Previous research concerning determinants of GUEUL focuses primarily on effects of socio-economic conditions on GUEUL, and little attention has been devoted to impacts of spatial structure and urban development patterns. This research explores impacts of polycentric development on GUEUL of urban agglomeration (UA), using data for major UAs in China covering the period 2005–2019. GUEUL and the extent of polycentricity is measured by employing an improved directional slack-based measure (SBM) model and the rank-size distribution-based approach, respectively. The linkage between polycentric development and GUEUL is explored by estimating models of determinants of GUEUL, and the nonlinear characteristics of the relationship are investigated by employing the panel threshold model approach. The results suggest that polycentric development positively impacts GUEUL of UAs, and such effect rises with economic development levels. In addition, degree of agglomeration, economic development level and intensity of government investment in science and technology is found to be positively related to GUEUL. The empirical results have significant implications for improving GUEUL through formulating and implementing regional and urban policies.

scholarly journals Identifying the Effect of Entrepreneurship Approach on the Banking Industry Development Strategy (Study at Bank Mellat)

2017 ◽  
Vol 10 (6) ◽  
pp. 236
Author(s):  
Mahboobeh Zohari ◽  
Reza MohammadKazemi
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Positive Impact ◽  
Developed Countries ◽  
Statistical Population ◽  
Strategy Of Development ◽  
Strategy Study ◽  
Flexible Resources ◽  
Research Findings ◽  
The Relationship

Approach to entrepreneurship and strategy of development is the concepts that have attracted the attention of many researchers and managers from the theoretical and practical dimension, and many companies have used these two concepts, and have won a lot of success. In today's world, the entrepreneurship is known as an engine of local, regional and national economic development. (Ahmadpour, 2007) The process of economic development in developed countries reflects the fact that the economy is under the influence of entrepreneurship. In addition, in the current competitive environment, it is an important factor in the development and survival of the companies. Companies that put the entrepreneurial orientation as their policy approach, through the development of flexible resources, they can increase their long-term potential. (Khanka, 2003) Therefore, in this paper, we examine the relationship between development strategy and entrepreneurship dimensions, including innovation, risk-taking, activism, and competitive aggression in the Mellat bank. The research is applied and is done in correlation way. The questionnaire is used to collect data. The statistical population of the study was limited that 261 statistical samples were used in the analysis. The research findings show that entrepreneurship approaches have a strong and positive impact on its development strategy. The Moderating Competitive dynamic has no impact on the relationship between entrepreneurship approach and development strategy. The findings of this study will help decision-makers to be able to know the importance of entrepreneurial approach so that they can decide appropriate policies to create and launch apps. Based on the results obtained, recommendations are provided for statistical population and bank managers.

scholarly journals Impact of Sustainable Financial and Economic Development on Greenhouse Gas Emission in the Developed and Converging Economies

Energies ◽  
2019 ◽  
Vol 12 (23) ◽  
pp. 4514 ◽  
Author(s):  
Ziolo ◽  
Kluza ◽  
Spoz
Keyword(s):  
Economic Development ◽  
Panel Data ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Financial Development ◽  
Greenhouse Gas Emission ◽  
Developed Countries ◽  
Gas Emission ◽  
Gas Emissions ◽  
The Relationship

Several studies have examined the relationship between environmental performance and economic development. However, most of them did not take sustainable development and financial development into account. The study argues that sustainable financial and economic development contributes to reducing greenhouse gas emissions. We use the panel data regression model to capture the relationship between greenhouse gas emission and sustainable economic and financial development. The panel data refers to the period of 2007–2017. The EU 25 countries were analysed. The results show that the relationship between sustainable financial development and environmental degradation is more relevant for converging economies than developed countries. We found that the variable “energy productivity” has the strongest impact on greenhouse gas emissions for both country groups (converging and developed); however, it increases for developed countries and it decreases the greenhouse gas emissions for converging economies. We also found that environmental taxes are an efficient instrument that mitigates greenhouse gas emissions, especially in developed countries group.

scholarly journals Digital transformation, development and productivity in developing countries: is artificial intelligence a curse or a blessing?

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Heidi Aly
Keyword(s):  
Artificial Intelligence ◽  
Developing Countries ◽  
Economic Development ◽  
Labor Productivity ◽  
Developed Countries ◽  
Digital Transformation ◽  
Future Research ◽  
Content Type ◽  
The Impact ◽  
The Relationship

Purpose The entire world is now witnessing the Fourth Industrial Revolution and Artificial Intelligence (AI) is indeed altering the lives of the many in both developing and developed countries. Massive digital transformations are affecting the economies of those countries and are bringing with them many promised merits, as well as many challenges to face. This paper aims to examine the relationship between digital transformation (as a one facet of the fourth revolution and AI trends) on one side, and economic development, labor productivity and employment on the other side. Design/methodology/approach The paper analyzes different indices of digital transformation, and then uses the Digital Evolution Index (DEI) to study those relationships in a group of developing countries using feasible generalized least squares method (FGLS). Findings The results show a positive relationship between the digital transformation index and economic development, labor productivity and job employment. Females seem to gain more from digital transformation compared to males, as suggested by the positive relation with the first and the insignificant relation with the latter. The relationship with vulnerable employment is not significant; more evidence is still needed to judge whether digital transformation will have an impact upon the vulnerable employees in the economy. Research limitations/implications The paper focused on the impact of digital transformation upon total aggregate employment. Future research is still needed to examine the impact upon the structure of the labor market and the shift of occupations. Originality/value The paper aims to add to in the literature regarding the relationship between digital transformation, economic development, employment and productivity in the developing world. The implications of those relationships are of significant importance to policymakers regarding how much support should be given to encourage the digital transformation. At the same time, it shall also indicate how much social support policies are required – if any – to lessen the negative impact of digital transformation on the vulnerable groups inside the country. Another contribution is using a single composite index for digital transformation that is comparable across the chosen set of developing countries, instead of using single indices each capturing a different dimension of digital transformation.

scholarly journals The Relationship Between the Economic Development Levels of the Countries and Their Sporting Achievements in the 2020 Tokyo Olympics

2021 ◽  
Vol 7 (3) ◽  
pp. 33
Author(s):  
Emre Belli ◽  
Yusuf Yağız Saraçoğlu
Keyword(s):  
Economic Development ◽  
Correlation Analysis ◽  
Gross Domestic Product ◽  
Domestic Product ◽  
Significance Level ◽  
Package Program ◽  
Independent Variable ◽  
Development Levels ◽  
The Relationship ◽  
Domestic Products

The purpose of this study is to investigate the relationship between the economic development and order of success of the countries ranked in the top 20 at the 2020 Tokyo Olympics. In this context, the total number of medals of the countries in the top 20 of the total number of medals in the Tokyo 2020 Olympics was selected as a sporting success, as an indicator of development, the countries’ Gross Domestic Product (GDP) levels were also considered.In order to investigate the relationship between sporting success and economic development; SPSS package program was used. The significance level was considered as p < 0.05. Correlation analysis was performed by selecting the total number of medals as a dependent variable, the gross domestic products as an independent variable, and the population as a control variable.Findings of this research, a relationship was found the Gross Domestic Product (GDP) of the countries and the number of medals obtained at the 2020 Tokyo Olympics.According to these findings, a relationship has been found between economic development of countries and the number of medals won at the 2020 Tokyo Olympics, which we can see as international sporting success.

scholarly journals The Relationship between Sports Industry Development and Economic Growth in China

2021 ◽  
pp. 136-140
Author(s):  
Tetiana Kharchenko ◽  
◽  
Liu Ziming ◽  
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Economic Development ◽  
National Economy ◽  
Developed Countries ◽  
Industry Development ◽  
Sports Industry ◽  
Traditional Industry ◽  
The Relationship

With the development of economy, people's pursuit of quality of life is increasing day by day, which lays a foundation for the development of sports industry in China. For example, in some western developed countries, the contribution of sports industry to economy has far exceeded that of traditional industry and become a new growth point of economic development. Although China's sports industry has made certain development, it is still in its infancy. Compared with the western developed countries, the development of China's sports industry is still relatively slow, and there are still some problems to be solved in the development of sports industry. This paper mainly studies the relationship between sports industry and economic development in China. Based on the statistical index data of national economy and sports industry development from 2011 to 2020, the relationship between sports industry development and national economic growth in China is empirically analyzed by using mathematical statistics and VAR model. According to the research results, there is a high correlation between the sports industry and economic development. The development of the sports industry is based on a certain level of economic growth of the country, while the development of the sports industry at a certain stage will have a multiplier effect. It is proved that the state should contribute to the development of the sports industry, because this ensures the symbiotic development of the national economy, which generally leads to an increase in the quality of life. To do this, it is necessary to stimulate the activity of the sports market and create a fair and open system of legal support, as well as standardize the assessment and supervision system.

scholarly journals An Empirical Study on the National Heterogeneity of High-End Manufacturing Technology Innovation and GVC’s Division of Labor Status

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Lei Liang ◽  
Yawen Liang
Keyword(s):  
Developing Countries ◽  
Division Of Labor ◽  
Technological Innovation ◽  
Developed Countries ◽  
Inhibitory Effect ◽  
National Differences ◽  
The Status ◽  
Development Levels ◽  
The Relationship ◽  
Direct Regression

Although the relationship between technological innovation and the status of the global value chain’s (GVC) division of labor has been essentially affirmed by academia, the direct regression of all countries does not account for national differences pertaining to different economic development levels. This paper divides the countries selected for this study into developed and developing countries and then conducts empirical tests on two sample sets to explore the heterogeneity of technological innovation and GVC division of labor status. The results reveal the following: (1) in developed countries, the GVC division of labor status of high-end manufacturing is generally higher than that of developing countries; (2) in developed countries, the technological innovation of high-end manufacturing plays a significant role in promoting GVC’s division of labor, while developing countries have a significant inhibitory effect; and (3) staff input and financial developmental levels have significantly promoted GVC’s status in the division of labor. Earlier studies have shown that, in developing countries, technological innovation in high-end manufacturing industries does not fully serve the goal of exporting intermediate goods. This study’s conclusions offer a new method of explaining the nature of a given country, the logic of technological innovation, and the differences in the GVC division of labor status.

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