scholarly journals Gambling Tourism and Economic Development: Some Lessons from Macao

Author(s):  
Theodore Metaxas ◽  

This article aims to explore and document the relationship between forms of alternative tourism and economic development. More specifically, the subject of this investigation will be whether a small national economy is able to rely wholly or largely on tourist flows as a source of income and even to invest in a single type of tourism. Alternative forms of tourism, gaming tourism as well as the features of territorially limited countries and how they are linked to the case of Macao will also be objects of study and annotation. With the process of text production through scientific articles, statistical data, and reliable databases, this article attempts to satisfy the investigated relationship as well as the stemming questions.

Author(s):  
Anca Sava ◽  
Bogdan Zugravu

This article aims to address the correlations between public capital investments and economic development in Romania. Firstly, it presents a brief literature review on the subject proposed for analysis, under which it can be assumed that public capital investments have a positive impact on production, employment, private sector and thus contribute to economic development. Also, we found some heterogeneity of results across country, regions and sectors. Secondly, it analysis the evolution of public capital investments and gross domestic product during 2006-2009 and also tests the relationship between this two variables, using a correlation coefficient, based on data from the general consolidated budget provided by The Ministry of Public Finance and also statistical data on GDP from National Institute of Statistics.


2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Oleh Vysochan ◽  
Andriy Boychuk ◽  
Vasyl Hyk

The article focuses on the study of the closeness of the relationship obtained from different sources and used in different areas, finance, with the effectiveness of innovation, measured by the number of developed innovative products and the number of introduced new technological processes. The input information was the data of industrial enterprises of Ukraine for the period 2015-2019, summarized in statistical reporting and presented on the official resources of the State Statistics Service. To accomplish these objectives, the methods of correlation-regression analysis and analysis of the dynamics and structure of statistical indicators of innovation of industrial enterprises of Ukraine were used. Possible causes of crisis phenomena of innovative activity of Ukrainian enterprises that hinder the economic development of the national economy are discussed. The basis for further research of complex and individual influence of factors on development of innovative activity of the enterprises of various branches of economy is provided.


2020 ◽  
Vol 12 (214) ◽  
pp. 38-44
Author(s):  
Oleg Kondrashov ◽  
◽  
Boris Lapko

The article shows that at present there is no generally accepted definition of the innovative environment in the scientific circulation, which fully reveals its substantive characteristics. The author's definition of the concept of "innovative environment" is proposed. On the basis of the analysis of statistical data, the positive and negative aspects of the innovation environment in the Republic of Belarus have been identified. It is shown that the formation of an innovative environment is an important factor in the sustainable growth of the national economy. A set of measures is proposed to develop an innovative environment, create conditions for effective implementation of innovations and increase the competitiveness of the national economy.


2020 ◽  
Vol 175 ◽  
pp. 10010 ◽  
Author(s):  
Olga Lukina ◽  
Anna Kurochkina ◽  
Anna Karmanova

The article reflects the main aspects of the development of the tourist industry of the Arctic regions. The characteristics of the tourist environment of each of the eight states forming the Arctic are presented. Dynamics of tourist flows of regions is considered. Trends in the further development of Arctic tourism are reflected. The analysis of statistical data on the subject under study is presented, conclusions on the topic are drawn.


2011 ◽  
Vol 4 (1) ◽  
pp. 40-64 ◽  
Author(s):  
T. M. Devine

The relationship between slavery, the slave trade and British economic development remains a contested field of eighteenth century history. This article examines one hitherto unexplored aspect of the subject, the significance, if any, of profits derived from the slave-based economies of the Atlantic in Scotland's Great Leap Forward in the later eighteenth century. It is argued that because of the distinctive nature of Scottish development, compared to that of England, and the intimate connections between Scotland and plantation economies the question does merit serious consideration. The article, however, supports the traditional view that slave trading direct from Scottish ports was very limited, although Scottish merchants and mariners were often heavily involved in slave trafficking from London, Bristol and Liverpool. The key Scottish link was with the tobacco and sugar trades, plantation ownership in the Caribbean and as merchants, physicians, attorneys and overseers in the plantation economies. It is argued that in terms of both capital transfers and market opportunities slavery can indeed be considered one of the factors facilitating development in Scotland and was possibly a much more significant influence north of the border than in the industrialisation of England.


Author(s):  
Matthew McKeever

The nature of the relationship between economic development and income inequality has long been the subject of considerable debate. Economic growth has very different effects on poverty, depending on a country’s level of income inequality. In high inequality countries, economic growth that raises the overall level of income disproportionately tends to benefit the rich, whereas policies that encourage economic growth while reducing income inequality will greatly accelerate the achievement of poverty reduction goals. Thus, understanding how income inequality and economic development are linked is important for establishing economic growth policies that reduce poverty. The literature on the economic development–income inequality nexus in industrial society places emphasis on the causes of current social inequality. The central and most cited paper in the literature is S. Kuznets’s “Economic Growth and Income Inequality” (1955), which proposed an inverted U-shaped relationship between development and inequality over the course of industrialization. Some scholars have tried to build upon Kuznets’s theory by focusing on his claim that income inequality is a function of the nature of regulations put on the market. Other studies deal with the importance of studying the relationship between democracy and inequality, the effect of the nature of the government on shaping inequality compared to industrialization, and the implications of globalization for income inequality. This overview of the literature shows that there is little true consensus on the relationship between inequality and development and highlights two major areas for improvement: measurement and data quality.


2012 ◽  
Vol 524-527 ◽  
pp. 3361-3364
Author(s):  
Jia Yi Huang ◽  
Yi Hui Huang

As we enter the 21st Century, various countries in the world are faced with many challenges, such as overpopulation, shortage of resources and environmental deterioration. Developing recycle economy is one of the important ways to realize sustainable development. The purpose of recycle economy is to insure circulation utilization of resources and positive conversion of ecosystem on the premise of keeping economic development. Its mechanism should be "Government instructs, Enterprise acts, Society participates, Markets operate". Enterprise is the subject of economy, so the development of recycle economy must be put into effect in enterprises. In this paper, how to advance enterprise to develop recycle economy by carrying out environmentally friendly manufacturing methods and the relationship between government and enterprise in Game Theory are discussed. The thesis also provides some suggestions for government to promote the development of recycle economy.


2020 ◽  
Vol 4 (4) ◽  
pp. 160-174
Author(s):  
Yevheniia Ziabina ◽  
Tetyana Pimonenko ◽  
Luidmyla Starchenko

The paper aimed to formalise the relationship between the level of Ukrainian energy efficiency from 30 indicators of social, ecological and economic development of the country. The main purpose of the study is to identify the impact and dependence of socio-ecological and economic indicators on the level of energy efficiency using multiple correlation-regression analysis. The systematisation of the analysed results allowed identifying the core directions to overcome the issues of the slow pace of energy efficiency improvement and the development of carbon neutrality of the country. The relevance of this scientific solution to the problem is that the level of energy efficiency is influenced by a large number of socio-ecological and economic factors sometimes independent of each other. The authors analysed the relationship between the level of energy efficiency and socio-ecological and economic indicators of country development. The investigation consisted from the following stages: conducting polynomial-regression analysis of energy efficiency development in Ukraine; development of correlation-regression multiple models of relationships between energy efficiency indicator and socio-ecological-economic indicators; explaining the conclusions and providing recommendations considering the findings. The object of the study was the processes of energy efficiency relationships with 30 indicators of socio-ecological and economic development, namely how much they affect the energy development of the country. The conclusions were theoretical and practical in terms of the impact on the level of energy efficiency of interdisciplinary indicators. The conclusions which proved by the empirical findings allowed identifying weaknesses in the development of the national economy, as well as to improve and increase the energy potential of the country through energy efficiency development strategies due to the studied determinants that have a strong impact on the level of energy efficiency. Keywords: energy efficiency, carbon-free economy, sustainable development, energy sector, green energy, energy security.


2010 ◽  
Vol 49 (4II) ◽  
pp. 741-755 ◽  
Author(s):  
Hafiz Hanzla Jalil ◽  
Muhammad Mazhar Iqbal

Crime is an activity which is against the law and the fact that the linkage between criminal activities and the socio-economic development of the society is undeniable. Moreover, the relationship between crime and evolution of mankind may also be considered a historical one as Cain (first son of Adam and Eve) committed first crime when he murdered his brother Able because of jealousy. Due to the complex nature of the subject of crime, for example, regarding its causes and consequences, various academic disciplines such as criminology, sociology, geography, psychology and demography study it from their own perspective. A relatively new emerging field, however, is the economics of crime which tries to identify the socio-economic causes and consequences of criminal activities in a society.


Author(s):  
Marwa Hamdan ◽  
Mohamad Balouza

The paper aims to study the evolution of urban growth in Lebanon as a developing country with respect to its economic development. Also, the dynamics of this relationship are to be explored and shed some light on the effect, if any, of economic development on Urbanization in Lebanon. Therefore, the study identifies through literature how economic development impacts urbanization. Finally, this paper advances the research on the subject topic in Lebanon beyond the restrictions and limitations of previous literature through empirical results. The study focuses on previous literature regarding the relation of economic development and urbanization. The study uses time-series OLS multi-variate egression anaylsis in the case of Lebanon from the year 1988-2018.GDP per capita, school enrolment and life expectancy were used tocapture the urban population growth, while ores and metals exports, manufacturing value added and agricultural value added were used as conrol variables. The results indicate a positive correlation and at least one co integrating equation between the variables. The results showed that two variables are significant with urban population at regional level supporting the expected hypothesis (GDP and school enrolment) and all other variables did not show any significant relation with urbanization in Lebanon. This study might be of interest providing insights on the relationship between urbanization and economic development specially for further studies in the field of urbanization. The study believes to contribute positively to understanding of urbanization and the creation to an innovative era of economic growth, luxury and improved resource allocation.


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