scholarly journals The Impact of Disparity in Infrastructure Development on Aceh’s Economic Performance: An Inter-Provincial Analysis

2020 ◽  
Vol 66 (2) ◽  
pp. 141
Author(s):  
Mutiara Fahmi ◽  
Sahara Sahara ◽  
Yeti Lis Purnamadewi
Keyword(s):  
Economic Performance ◽  
Econometric Model ◽  
Regional Disparity ◽  
Policy Implications ◽  
Infrastructure Development ◽  
Unit Of Analysis ◽  
Multivariate Method ◽  
Aceh Province ◽  
The Impact ◽  
Electricity Provision

This study provides empirical findings on regional disparity in infrastructural facilities in 23 districts/municipalities of Aceh Province and the impact of the disparity on the economic performance of Aceh Province, specifically on those of economic growth, poverty, and unemployment. The unit of analysis is the district level and the Infrastructure Development Index (IDI) is used as the variable computed by using the multivariate method. Regional disparity is measured by the Coefficient of Variation and the impact of IDI on the province’s economy is analyzed using the econometric model. The analysis shows that infrastructure development disparity exists and that IDI generally affects the economic performance in Aceh Province. Specifically, the results reveal that electricity provision, the number of hotels, and the length of road positively correlate with economic performance. However, the number of Base Transceiver Stations, the number of markets, and the number of banks do not necessarily lead to higher economic performance. The policy implications of the findings are discussed.

scholarly journals Does Manufacturing Agglomeration Promote Or Hinder Green Development Efficiency? Evidence From Yangtze River Economic Belt, China

2021 ◽  
Author(s):  
Huaxi Yuan ◽  
Longhui Zou ◽  
Yidai Feng ◽  
Lei Huang
Keyword(s):  
Yangtze River ◽  
World Economy ◽  
Econometric Model ◽  
Uneven Development ◽  
Policy Implications ◽  
Spatial Econometric ◽  
Local Conditions ◽  
Green Development ◽  
The World ◽  
The Impact

Abstract Sustainable development can be mainly achieved by promoting the green transformation and development of the world economy and by improving the efficiency of regional green development, which often receive extensive attention from the academia. This paper uses a spatial econometric model to estimate the impact of manufacturing agglomeration on green development efficiency based on the panel data of China’s Yangtze River Economic Belt (YREB). The results show an overall large gap of green development efficiency between regions in the Yangtze River Economic Zone, mostly due to the extremely uneven development of green development efficiency in the upper reaches. Opposite to the middle and lower reaches, manufacturing agglomeration in the upper reaches of the YREB improves green development efficiency. Manufacturing agglomeration is conducive to the improvement of green development efficiency in neighboring areas. Nonetheless, it may hinder green development efficiency by inhibiting green technological innovation. This paper provides empirical evidence and policy implications for applying manufacturing agglomeration to promote green development efficiency in accordance with local conditions.

The Social and Political Impact of Economic Crisis in South Korea: A Comparative Note

2003 ◽  
Vol 31 (2) ◽  
pp. 198-220 ◽  
Author(s):  
Joon Han ◽  
Hyun-Chin Lim
Keyword(s):  
Economic Crisis ◽  
Economic Performance ◽  
Structural Adjustment ◽  
Policy Implications ◽  
Social Conflicts ◽  
Power Shift ◽  
First Case ◽  
Starting Point ◽  
The Social ◽  
The Impact

The five-year term of President Kim Dae Jung ended up deepening political cleavages in the wake of growing social conflicts. We find it ironic that the Kim Dae Jung regime, the first case of horizontal power transfer through election, has seen social conflicts worsening instead of weakening. Since the economic crisis of 1997, the country has undergone a profound societal and political transformation as a result of the International Monetary Fund (IMF)'s program of liberalisation, privatisation and deregulation. We investigate the structural realignment - power shift, social conflicts, and coalition change - in the wake of the economic crisis in Korea. We critically examine the impact of various reform measures on state-society relations. Our starting point is a belief that the stability of a regime depends not only on economic performance but also on social and political performance. The current Korean situation might even suggest that social and political factors are more important than economic performance in evaluating structural adjustment programs. We begin by examining the underlying nature of the Kim Dae Jung regime's reform measures. Then we address the social realignment, coalition change, and social conflicts, and assess their implications for consolidation of democracy. Finally we draw some policy implications.

scholarly journals Climate variability, absorptive capacity and economic performance in Sub-Sahara Africa

2020 ◽  
Vol 55 (1) ◽  
Author(s):  
Jubril Olayinka Animashaun ◽  
Toyin Benedict Ajibade
Keyword(s):  
Climate Change ◽  
Economic Performance ◽  
Generalized Method Of Moments ◽  
Political Stability ◽  
Policy Implications ◽  
Sub Saharan Africa ◽  
Climatic Data ◽  
Impact Of Climate Change ◽  
Sub Saharan ◽  
The Impact

The high reliance of Africa’s GDP on agriculture makes its economic growth susceptible to climate change. The vulnerability of Africa is further worsened by the strong inter-linkage that the agricultural sector has with other productive sectors. To drive policy implications that transform economic performance in Africa, it becomes important to understand the linkages between climate and economy of the region. This paper examines the effects that climate change has on economic performance in sub-Saharan African nations. Based on cross-country panel climatic data that takes account of the absorptive mechanism, it estimates the contribution of climate change to economic performance in sub-Saharan Africa (SSA). The estimator is developed based on the OLS, Fixed Effect, and the Arellano-Bond (1991) Generalized Method of Moments (GMM) estimator. The findings show that high temperature is a significant contributor to worsening economic performance in the SSA region. However, after accounting for the absorptive mechanisms, the relationship is no longer that strong. Specifically, after accounting for initial economic performance, social and political stability in the 2-stage GMM estimation, the estimate for temperature drops by 59%. This result confirms the hypothesis that the negative impact of climate change in the region is not absolute, and that building an overall stable socioeconomic environment in the region could assist in buffering the impact of climate change.

Infrastructure and economic development in developing economies

2019 ◽  
Vol 46 (4) ◽  
pp. 581-594 ◽  
Author(s):  
Hiep Ngoc Luu ◽  
Ngoc Minh Nguyen ◽  
Hai Hong Ho ◽  
Dao Ngoc Tien
Keyword(s):  
Economic Development ◽  
Developing Economies ◽  
Panel Data Analysis ◽  
Policy Implications ◽  
Infrastructure Development ◽  
Policy Makers ◽  
Content Type ◽  
Government Supervision ◽  
Efficiency And Effectiveness ◽  
The Impact

Purpose The purpose of this paper is to empirically investigate the impact of infrastructure on economic development in developing economies. Design/methodology/approach A panel data analysis approach is utilised to evaluate the influence of various types of infrastructure on economic development in Vietnam over the period 2003–2013. Specifically, this study uses spatial night-light data taken from NASA’s satellite as an alternative proxy for economic development. Findings The analyses indicate that infrastructure enhancement consistently exerts a positive effect on the economy. Upon further investigations of the channels through which infrastructure could affect economic development, the empirical results reveal, in addition, that the developmental impact of infrastructure tends to be stronger if more rigorous government supervision and oversight of the construction and delivery of infrastructure projects are in place to ensure the efficiency and effectiveness of the private sector’s investment in infrastructure facilities. Finally, the interaction of infrastructure with human capital appears to exert an especially important influence upon economic development. Originality/value This study contributes to the debate over whether infrastructure has a real developmental effect in developing countries. Some important policy implications are then drawn from the empirical analysis. As a result, this paper will be of value to other researchers, economists, business leaders and policy-makers attempting to understand the economic benefit of infrastructure development.

scholarly journals Spatial Impact of Foreign Direct Investment on Poverty Reduction in Vietnam

2021 ◽  
Vol 14 (7) ◽  
pp. 292
Author(s):  
Quynh Anh Do ◽  
Quoc Hoi Le ◽  
Thanh Duong Nguyen ◽  
Van Anh Vu ◽  
Lan Huong Tran ◽  
...  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Fixed Effects ◽  
Poverty Reduction ◽  
Econometric Model ◽  
Policy Implications ◽  
Negative Effects ◽  
Spatial Econometric ◽  
Spatial Econometric Model ◽  
The Impact

In this study, we analyze the spatial effect of foreign direct investment (FDI) on poverty reduction in Vietnam. This study uses the provincial-level panel data and the fixed-effects regression and the spatial econometric model to investigate empirically the impact of FDI on poverty reduction in Vietnam. The study finds that FDI has contributed to poverty reduction not only directly but also indirectly through human capital. However, FDI has indirectly worsened poverty through international trade. In addition, empirical results from the spatial econometric model show that FDI tends to decrease poverty in provinces. Finally, the study has some policy implications to decrease the negative effects of FDI on poverty reduction in Vietnam.

The Impact of Property Characteristics on Economic Performance of Russian Industrial Enterprises

2005 ◽  
pp. 53-68 ◽  
Author(s):  
R. Kapeliushnikov ◽  
N. Demina
Keyword(s):  
Detailed Analysis ◽  
Economic Performance ◽  
Ownership Concentration ◽  
Corporate Sector ◽  
Concentrated Ownership ◽  
Industrial Enterprises ◽  
Russian Industry ◽  
Control Premium ◽  
And Performance ◽  
The Impact

The paper provides new survey evidence on effects of concentrated ownership upon investment and performance in Russian industrial enterprises. Authors trace major changes in their ownership profile, assess pace of post-privatization redistribution of shareholdings and provide evidence on ownership concentration in the Russian industry. The major econometric findings are that the first largest shareholding is negatively associated with the firm’s investment and performance but surprisingly the second largest shareholding is positively associated with them. Moreover, these relationships do not depend on identity of majority shareholders. These results are consistent with the assumption that the entrenched controlling owners are engaged in extracting "control premium" but sizable shareholdings accumulated by other blockholders may put brakes on their expropriating behavior and thus be conductive for efficiency enhancing. The most interesting topic for further more detailed analysis is formation, stability and roles of coalitions of large blockholders in the corporate sector of post-socialist countries.

Some reflections on social structure: Theoretical and practical aspects

2020 ◽  
Vol 18 (6) ◽  
pp. 1063-1078
Author(s):  
T.N. Skorobogatova ◽  
I.Yu. Marakhovskaya
Keyword(s):  
Service Industry ◽  
External Factors ◽  
Infrastructure Development ◽  
Social Infrastructure ◽  
Social Sphere ◽  
The Social ◽  
Study Results ◽  
The Republic ◽  
Internal And External Factors ◽  
The Impact

Subject. This article discusses the role of social infrastructure in the national economy and analyzes the relationship between the notions of Infrastructure, Service Industry and Non-Productive Sphere. Objectives. The article aims to outline a methodology for development of the social infrastructure of Russia's regions. Methods. For the study, we used the methods of statistical and comparative analyses. The Republic of Crimea and Rostov Oblast's social infrastructure development was considered as a case study. Results. The article finds that the level of social infrastructure is determined by a number of internal and external factors. By analyzing and assessing such factors, it is possible to develop promising areas for the social sphere advancement. Conclusions. Assessment and analysis of internal factors largely determined by the region's characteristics, as well as a comprehensive consideration of the impact of external factors will help ensure the competitiveness of the region's economy.

PENERAPAN CORPORATE SOCIAL RESPONSIBILITY DALAM PENGELOLAAN WAKAF PRODUKTIF

2020 ◽  
Vol 3 (1) ◽  
Author(s):  
Masruchin Masruchin
Keyword(s):  
Environmental Impacts ◽  
Infrastructure Development ◽  
Religious Activities ◽  
Short Term ◽  
Local Society ◽  
Business Units ◽  
Corporate Social ◽  
The Impact ◽  
A Company ◽  
Social And Environmental Impacts

Corporate Social Responsibilityis a concept that a company has various forms of responsibility to all stakeholders including consumers, employees, shareholders, communities and the environment in all aspects of the company's operations that include economic, social, and environmental aspects. Therefore CSR is closely related to "sustainable development", in which a company, in carrying out its activities must base its decisions not only on the impact on economic aspects, such as the level of profits or dividends (profits), but also must consider the social and environmental impacts that arise from that decision, both for the short term and the longer term.Pondok Modern Darussalam Gontor (PMDG), in managing its Productive Waqf by establishing business units which mostly involve workers from the local society around PMDG. They are employed according to their skills. This is a form of implementing CSR in order to help advance and improve the welfare of the local society. The existence of these various business units is one of the educational facilities and as a form of CSR application which is actually intended to educate in the fields of independence, entrepreneurship, sincerity and sacrifice.PMDG involvement in social activities that are useful for the local society such as infrastructure development and village facilities, regeneration of students who are from around PMDG to be able to get higher education with funding from the PMDG, doing guidance to the local society through various religious activities, educational and economic activities is a form of PMDG responsibility to the local society environment and also to all stakeholders such as students, Ustadz, employees, so as to provide social and environmental impacts for the short term and the longer term.Keywords: Corporate Social Responsibilityandproductive waqf.

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