scholarly journals A STUDY ON DYNAMICS OF INDIA'S GROSS DOMESTIC PRODUCT FOR 2014-2019

2020 ◽  
Vol 4 (1) ◽  
pp. 36-49
Author(s):  
Mohammed Aslam Khan
Keyword(s):  
Gross Domestic Product ◽  
Agricultural Sector ◽  
Secondary Data ◽  
Sustainable Growth ◽  
Domestic Product ◽  
Gdp Growth ◽  
Agriculture Industry ◽  
Reserve Bank ◽  
The World ◽  
The Government

Background: The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country's economy. It reflects the total market value of all finished products and services produced over a specific period within a country. GDP is presented as a comparison to the previous quarter or year and is considered the benchmark for the economy's size. India is emerging as one of the fastest-growing economies in the world and is expected to rank among the top three economic powers of the world over the next 15-20 years, supported by its stable democracy, population growth, and partnerships.Purpose: The purpose of this paper was to study the dynamics of the Indian economy's GDP growth for the period of 2014 to 2019. The present study tried to understand the trend, contribution, and structure of the various sectors such as agriculture, industry, and services in India's GDP growth.Methodology: The research methodology used in this paper was quantitative since this method can be used to analyze nearly infinite numbers of phenomena. The study used secondary data for the period 2014 to 2019. Data was collected from the Economic Survey of India and Reserve bank of India bulletins. Descriptive and inferential data analysis techniques were employed.Findings: The study of GDP growth between 2014-2019 and sectoral level analysis shows interesting facts that India will reach a $5 Trillion GDP mark by 2024-25 at current prices.Unique contribution to theory, practice, and policy: This paper intended to make policy recommendations that can help India's long-term sustainable growth. The study recommended strategies such as increasing public finance in the agricultural sector and strengthening the integrated public transport projects to the government to maintain stable economic growth to achieve a $5 Trillion economy. This paper will increase the economic researcher's awareness and position it in the library of an institution of higher education

scholarly journals Covid-19 and Its Impact on E-Administration, Employment and Migration in the Indian Economy, (In the Present Context)

2021 ◽  
pp. 82-87
Author(s):  
Bharath K M ◽  
Arun Kumar L S
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Migrant Workers ◽  
National Income ◽  
Domestic Product ◽  
Educational Services ◽  
Indian Government ◽  
Indian Economy ◽  
The World ◽  
The Government

India is the second largest populated country in the world and largest market Economy for most of the developed countries in the world like MNC’s (Multi-National Companies) like automobiles, telephone and communication, educational services, start-up’s, call centres and global level entrepreneurs like to invest in India, due to huge demand for consumer goods and technological products India is one of the largest growing developing economy in the world after China in 2019, with an average GDP (Gross Domestic Product) of 7 percent from2015-2019, with huge FDI (Foreign Direct Investment), India is said to be the country with huge foreign returns in the world. But due to covid-19 has made most of the states in India are in standstill position due to lockdown situation, the income generating sources of the government is unable to generate income as most of the unorganised sectors like migrant workers, small wage labourers contribution to Indian economic growth and business is in standstill stage in the 40 days of Indian government lockdown, this is causing to increase in unemployment ratio in many sectors like educational services, real estate companies etc. only in some organised sectors there is processing of work through online (e-commerce) or in digital mode of transaction, but the unorganised sector workers and daily wage workers or migrants who travelled from far states are unable to earn for their lively wages. Indian government preference to health emergency and relief package of 20 Lakh crore Atmanirbhar Bharat Abhiyan is burden for Indian economic growth as the government is distributing from March 2020. This pandemic has made India`s GDP (Gross Domestic Product) growth rate prediction below 4%, according to the report of ADB (Asian Development Bank). IMF (International Monetary Fund) has predicted that Indian economy is expected to grow at -10.3 %, according to the source provided by “The Hindu”. There is a need for all the sectors in the economy for digital inclusion, India can try to improve by making all payments and receipts in unorganised sectors through Digital Mode. India can use this global pandemic situation by making India as one of the favourite investment destination for FDI, business and e-commerce in the globe. The purpose of this study is to analyse Covid-19 impact on Indian economy through migration, e-commerce, business and remedies to overcome the pandemic to the growth of National Income (GDP), by implementing various schemes like Make in India and self-reliant India by fiscal and monetary policies.

scholarly journals HUBUNGAN ANTARA LUAS LAHAN PERTANIAN DENGAN PRODUK DOMESTIK REGIONAL BRUTO SEKTOR PERTANIAN DI KOTA TOMOHON

2016 ◽  
Vol 12 (1) ◽  
pp. 13
Author(s):  
Aditya Novandy Arotaa ◽  
Benu L.S. Olfie ◽  
Theodora M. Katiandagho
Keyword(s):  
Land Use ◽  
Gross Domestic Product ◽  
Agricultural Sector ◽  
Agricultural Land ◽  
Secondary Data ◽  
Domestic Product ◽  
Land Area ◽  
Department Of Agriculture ◽  
The Impact ◽  
The Relationship

Tomohon development as an autonomous region led to the need for non-agricultural land is increasing from time to time. This condition causes the competition has taken place in land use. Feared an increased need for non-agricultural land will lead to land conversion of agricultural land to non-agricultural. The transfer of land use will have an impact on agricultural production that will affect the agricultural sector GDP. This study aims to determine the relationship between the area of ​​agricultural land with a regional gross domestic product of agriculture in Tomohon. This study was conducted over four months starting in February 2015 to May 2015 in Tomohon. The data are used, in this study, is a secondary data obtained from the Office of National Statistics Agency (BPS) and the Department of Agriculture in To-mohon. Data presented tabularize and and analyzed using correlation analysis. The results showed that, in the last three years, agricultural land area in Tomohon shrinkage due to the need for non-agricultural land, especially residential construction increased. It is given Tomohon is a city that is building. Reduction of agricultural land in 2012 amounted to 1.77 percent by the year 2014 decreased by 0, 01 percent. Instead rate of growth of gross regional domestic product of the year 2012 increased by 6.54 percent to 6.92 percent in 2014. The study concluded that the impact of agricultural land being against the gross regional domestic product, caused by another factor, namely the constant price factors that influence regional gross do-mestic product of Tomohon. Thereforet, when the land area or size increased in 2005-2011 and decreased in the year 2012 - 2014 however regional gross domestic product still increased. The relationship between land area with a regional gross domestic product is being categorized correlated with the value of the correlation is 0.62.*er*

scholarly journals GDP and Tax Revenues-Causality Relationship in Developing Countries: Evidence from Palestine

2016 ◽  
Vol 8 (4) ◽  
pp. 54
Author(s):  
Raed A. M. Iriqat ◽  
Ahmad N. H. Anabtawi
Keyword(s):  
Developing Countries ◽  
Gross Domestic Product ◽  
Government Expenditure ◽  
Secondary Data ◽  
Domestic Product ◽  
Palestinian Authority ◽  
Tax Revenues ◽  
Causality Relationship ◽  
The Government ◽  
The Impact

<p>The study aims to investigate the causality relationship between Gross Domestic Product and its components with Tax revenues in developing countries as a case study in Palestine. This study based on an empirical approach using secondary data from Palestine monetary Authority during (1999-2014). The findings exposed mainly that the tax revenues does not Granger Cause each of the Palestinian Gross Domestic Product, Government spending, Consumption, Investment and Balance of trade. In addition, researcher divided period of study into three stages according to changing in income tax act. Moreover, results shows that the impact of macro-economic variables on tax revenues and correlations between dependent and independent variables was changing from one stage to other.</p>This paper concludes that the Palestinian authority should motivate investment conditions and improve the tax collection instruments and decrease the tax invasion. In addition, Palestinian government should rationalize the government consumption spending and increase the government expenditure for the development.

scholarly journals Public spending mechanisms and gross domestic product (GDP) growth in the agricultural sector (1970–2016): Lessons for Nigeria from agricultural policy progressions in China

2019 ◽  
Vol 44 (44) ◽  
pp. 57-72
Author(s):  
Temidayo Gabriel Apata
Keyword(s):  
Gross Domestic Product ◽  
Rural Areas ◽  
Public Expenditure ◽  
Agricultural Sector ◽  
Public Spending ◽  
Economic Restructuring ◽  
Domestic Product ◽  
Gdp Growth ◽  
Economic Stability ◽  
Policy Mechanisms

AbstractChina has pursued a sustainable path of development in line with reality for four decades. Economic restructuring started in its vast rural areas, focusing on reforms targeting income increase for rural farmers. These radical sustainable policies that China’s political leaders imbibed were not embraced by Nigeria’s past leaders and these resulted in the bane of underdevelopment. The study examines the level and composition of the drivers of public-spending policy mechanisms that contribute to gross domestic product (GDP) growth in the agricultural sector in China and Nigeria and draws up a model of Chinese development for Nigeria. Secondary data was used and were sourced from FAOSTAT and International Monetary Fund’s Government-Finance Statistics (various issues) from 1970–2016. Random-effects model results revealed that the policy of public-expenditure (PUEXP) and intervention (INTEV) variables were significant but negative, while enterprise-development (ENTDEV), drivers of development (DRIVERS) and Dummy D1t (modest public-expenditure access) were significant and positive for Nigeria. Three variables were significant and positive. The dummies D1t and D2t (macro-economic stability) were positive and significant for China. Public-expenditure and GDP growth has an inverse relationship in Nigeria, but a direct relationship in China. In Nigeria, PUEXP coefficient is ˗0.6810 and 0.8902 for China. Hence, macro-economic stability, enhanced market mechanisms and economic progress resulted in China and hereby lessons are drawn for Nigeria. Public leaders are responsible for governing the market in a manner that induces businesses to produce public value. However, if public-policy mechanisms are not well-designed to fit the economy’s needs it could significantly influence the economy in a negative way, and the society bears the costs.

scholarly journals Analysis of Elasticity and Buoyancy and Projection of Tax in Nepal

2018 ◽  
Vol 32 (1) ◽  
pp. 105-116
Author(s):  
Dil Nath Dangal
Keyword(s):  
Gross Domestic Product ◽  
Secondary Data ◽  
Domestic Product ◽  
Fiscal Year ◽  
Tax Revenue ◽  
Tax System ◽  
Indirect Taxes ◽  
The Government ◽  
Year 2000

This study has been designed to calculate elasticity and buoyancy and projection of various taxes in Nepal from 2018 to 2020. This study is based on secondary data published by the government of Nepal covering a period between the fiscal year 2000 to 2016. The various sources of revenue as a proportion of the Gross Domestic Product (GDP) have been analyzed during this period. This study particularly deals with the analysis of elasticity and buoyancy of tax and nontax revenue. The projection of tax revenue since 2018 to 2020 has also been forecasted. The findings reveals that the overall tax system of Nepal seemed to be inelastic during study period, and direct taxes appeared smaller elasticity’s than indirect taxes and those buoyancy coefficients of major taxes became much higher than their respective elasticities.

scholarly journals Nigeria and Its Dwindling Economy: What is the Way Forward?

2020 ◽  
Author(s):  
SALAUDEEN LATEEF ◽  
Assoc. Prof Aliyu Rufai Yauri ◽  
Dr. Garba Muhammad
Keyword(s):  
Gross Domestic Product ◽  
The State ◽  
Domestic Product ◽  
Gdp Growth ◽  
Human Race ◽  
Economic Sectors ◽  
Stand Test ◽  
The World ◽  
The Right ◽  
The Way

Dwindling Economy is otherwise known as depression economy or economy depression interchangeably and/or recess economy. It is an occurrence wherein an economy is in a state of financial turmoil, often the result of a period of negative activity based on the country&rsquo;s Gross Domestic Product (GDP) rate. However, this has become a global phenomenon; a good example of a necessitating factor is the global oil crash market and pandemics virus (Covid-19) ravaging the human race. That has conjointly led to the decline in the GDP growth per capital of a country; which forces degradation in the performances of economic sectors, retrenchment of staff and wrapping-up of industries. It is a lot worse than a recession, with GDP falling significantly, and lasts for periods of time. Pen ultimately, Nigeria has been in deteriorating financial state for years; her economy in the last few years has been going through some turbulence. A country that had recorded an average GDP growth of 6.5 per cent, one of the highest in the world less than a decade ago, is now projected to grow at about 2.3 per cent in 2016. It is no longer news that Nigeria's economy is experiencing total collapse and if nothing is done to put the peg in the right spot something worse than what we are witnessing may soon be on sight. Based on some of all these issues and other, Nigeria was said to be technically recess.In this paper, efforts were made to explore the state of the Nigeria economy in the last 36 years (1981-2017) and correlate it with the recent phenomena that conjointly constitute to its dwindling economy. Our comprehensive and elusive literary survey and extemporariness suggested way forwards to rescue the raveling situation of Nigeria dwindling economics, if not providing lasting solution but temporarys&rsquo; one that could stand test of time.

scholarly journals Perbandingan Area Inefsiensi Antara Nilai Pajak dan Zakat

2021 ◽  
Vol 1 (2) ◽  
pp. 458-474
Author(s):  
Muthia Faridatunnisa ◽  
Mochamad Edman Syarief ◽  
Endang Hatma Juniwati
Keyword(s):  
Gross Domestic Product ◽  
Secondary Data ◽  
T Test ◽  
Central Bureau ◽  
Domestic Product ◽  
The Difference ◽  
The Government ◽  
Business Sectors ◽  
Quantitative Calculations ◽  
Constant Prices

Tax policies set by the government can cause inefficiencies. Zakat policy is expected to minimize these inefficiencies. This research will try to compare how much inefficiency area caused by the value of tax and zakat. The data used is secondary data in the form of production from five business sectors found in Gross Domestic Product based on 2010 constant prices for the 2014-2018 period from the Central Bureau of Statistics. In this study quantitative calculations were carried out to determine the tax value, zakat value, and the area of triangle inefficiency, then after obtaining the results it would be compared to the magnitude of the triangle of inefficiency based on the value of tax and zakat. Different tests were carried out using SPSS to see whether the difference was significant or not. From the results of independent sample t-test, it is known that there are significant differences between the areas of inefficiency of the tax value and the value of zakat. This states that zakat produces inefficiency areas smaller than taxes.

scholarly journals Trends in Gross Enrolment Ratio of Male Female Enrolment and Expenditure on Higher Education as Percentage of Gross Domestic Product India

2019 ◽  
Vol 9 (2) ◽  
pp. 1440-1442
Keyword(s):  
Higher Education ◽  
Gross Domestic Product ◽  
Human Resource Development ◽  
Secondary Data ◽  
Vital Role ◽  
Annual Reports ◽  
Domestic Product ◽  
Technology Services ◽  
The Government ◽  
Enrolment Ratio

Education plays a vital role in development of the society and the nation at large. It prepares and trained staff in any respect levels to manage capital, technology services and administration at each sector within the economy of the nation. India is presently at the stage of demographic transition wherever growth is retardation down however, the population of young people entering the labor/employment force continues to expand. This young and huge population ought to be educated for the betterment of the state. Gross Enrolment Ratio (GER) in higher education with respect to gender is having increasing trend. The proportion of students enrolling in the higher education has increased significantly during the last two decades and as a result the higher education institutes, private universities, private and government colleges, in India are increasing significantly. Though the government of India has its own limitations towards funding the higher education should formulate the policy of funding to the universities/educational institutes so that the quality and standard in higher education is maintained. The aim of this paper is to study the trends in male, female enrolment and expenditure on higher education as % of Gross Domestic Product (GDP) of country. The secondary data is taken from the annual reports of University Grants Commission, AISHE and Ministry of Human Resource Development of India. The data is analyzed by using MINITAB19 statistical software by fitting quadratic trend and the forecasts for the period 2018-19 to 2027-28 with respect to GER of Male, Female and public expenditure on higher education in India. The accuracy of the fitted model is measured on the basis of Mean Absolute Percent Error (MAPE). It was observed that student enrolment in higher education is increased but the expenditure on higher education as % of GDP has sown decreasing trend after 2000-2001.

EVALUATION OF EXPORT DEVELOPMENT OPPORTUNITIES FROM TURKEY TO LITHUANIA

2015 ◽  
Author(s):  
Agnė JOTAUTAITĖ ◽  
Eglė JOTAUTIENĖ
Keyword(s):  
European Union ◽  
Gross Domestic Product ◽  
Foreign Trade ◽  
Empirical Research ◽  
Domestic Product ◽  
The European Union ◽  
Database Analysis ◽  
Fast Growing ◽  
Agriculture Industry ◽  
Textile Products

In this paper, export opportunities of textile products from Turkey to Lithuania are analyzed. The main goal of this article is to present an analysis of the opportunities to import textile products from Turkey to Lithuania. The empirical research basing on the statistical database analysis was used. The analysis of Turkey’s markets was showed that the economy is strongly dependent on exports of various products from Turkey and it is about one forth of Turkey’s GDP (Gross Domestic Product). The bulk of exports from Turkey is t o countries in the European Union. Turkey is one of the world’s largest manufacturers and exporters of textiles. The analysis of Lithuanian markets was indicated that Lithuania has a feasible market for imports due to its fast growing GDP, increasing labor wages and modernization of agriculture industry. Furthermore, advantageous and adequate policies of Lithuania’s foreign trade should encourage the development of imports to this country. The demand for textile products in Lithuania is growing rapidly and it is one of the most important sectors in fostering its economy

ANALISIS DETERMINAN KUALITAS LINGKUNGAN PERIODE 1999-2013

2016 ◽  
Vol 21 (1) ◽  
pp. 9-20
Author(s):  
Ersalina Tang
Keyword(s):  
Foreign Direct Investment ◽  
Energy Consumption ◽  
Gross Domestic Product ◽  
Co2 Emissions ◽  
Direct Investment ◽  
Meat Consumption ◽  
Domestic Product ◽  
World Data ◽  
The World ◽  
The Impact

The purpose of this study is to analyze the impact of Foreign Direct Investment, Gross Domestic Product, Energy Consumption, Electric Consumption, and Meat Consumption on CO2 emissions of 41 countries in the world using panel data from 1999 to 2013. After analyzing 41 countries in the world data, furthermore 17 countries in Asia was analyzed with the same period. This study utilized quantitative approach with Ordinary Least Square (OLS) regression method. The results of 41 countries in the world data indicates that Foreign Direct Investment, Gross Domestic Product, Energy Consumption, and Meat Consumption significantlyaffect Environmental Qualities which measured by CO2 emissions. Whilst the results of 17 countries in Asia data implies that Foreign Direct Investment, Energy Consumption, and Electric Consumption significantlyaffect Environmental Qualities. However, Gross Domestic Product and Meat Consumption does not affect Environmental Qualities.

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