scholarly journals Impact of Public & Foreign Direct Investment on the Economy of Bangladesh

2021 ◽  
pp. 227-246
Author(s):  
Md Kamrul Islam ◽  
Sabid Khan ◽  
Zareen Haider
Keyword(s):  
Growth Rate ◽  
Time Series Data ◽  
Public Investment ◽  
Negative Relationship ◽  
Series Data ◽  
Fdi Inflows ◽  
Fixed Capital Formation ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

This paper is to investigate the impact of public investment and FDI on GDP growth of Bangladesh. The Gross Fixed Capital Formation represents public investment of our country and we have taken FDI (inflows) as the variable while the GDP is the dependent variable. The time series data has been included here, which will be kept stationary, followed by a regression. As public investment and FDI are the independent variables, it is expected that they both have a positive relation with the dependent variable. Although, FDI may have a negative relationship to the growth. The relationship of FDI with growth rate can be used to show whether a country is in scarce of capital or not. The objective is to identify the relationship of public investment and FDI to the growth and to what extent these investments have an impact on the growth rate. By showing the estimated relationship of FDI to the GDP or growth, we are going to know whether our country is capital abundant or labor abundant.

scholarly journals The Effect of Foreign Direct Investment on Indonesia’s Economic Growth

2016 ◽  
Vol 1 (2) ◽  
pp. 18-24
Author(s):  
Abdul Hadi Ilman
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Time Series Data ◽  
Series Data ◽  
Linear Regression Method ◽  
Domestic Investment ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

The relationship of Foreign Direct Investment (FDI) on economic growth is one of the most debatable topic in economic. This study is aiming to investigate the impact of FDI on economic growth in Indonesia. This research using linear regression method which base on time series data from 1981 to 2012. A Major finding is there is no special relationship between FDI and economic growth, both directly and indirectly. Moreover, FDI does crowd-in the domestic investment and is no significance evidence to prove that FDI is more efficient on economic growth than domestic investment.

Influence of systemic banking crisis and currency crisis on the relationship of export and economic growth

2017 ◽  
Vol 10 (1) ◽  
pp. 82-110
Author(s):  
Syed Ali Raza ◽  
Mohd Zaini Abd Karim
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Financial Crises ◽  
Currency Crises ◽  
Time Series Data ◽  
Banking Crises ◽  
Series Data ◽  
Content Type ◽  
Relationship Of ◽  
The Relationship

Purpose This study aims to investigate the influence of systemic banking crises, currency crises and global financial crisis on the relationship between export and economic growth in China by using the annual time series data from the period of 1972 to 2014. Design/methodology/approach The Johansen and Jeuuselius’ cointegration, auto regressive distributed lag bound testing cointegration, Gregory and Hansen’s cointegration and pooled ordinary least square techniques with error correction model have been used. Findings Results indicate the positive and significant effect of export of goods and services on economic growth in both long and short run, whereas the negative influence of systemic banking crises and currency crises over economic growth is observed. It is also concluded that the impact of export of goods and service on economic growth becomes insignificant in the presence of systemic banking crises and currency crises. The currency crises effect the influence of export on economic growth to a higher extent compared to systemic banking crises. Surprisingly, the export in the period of global financial crises has a positive and significant influence over economic growth in China, which conclude that the global financial crises did not drastically affect the export-growth nexus. Originality/value This paper makes a unique contribution to the literature with reference to China, being a pioneering attempt to investigate the effects of systemic banking crises and currency crises on the relationship of export and economic growth by using long-time series data and applying more rigorous econometric techniques.

FDI and economic growth: empirical evidence from Pakistan

2016 ◽  
Vol 32 (1) ◽  
pp. 63-76 ◽  
Author(s):  
Naqeeb Ur Rehman
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Human Capital ◽  
Time Series Data ◽  
Negative Relationship ◽  
Series Data ◽  
Literacy Rate ◽  
Content Type ◽  
Low Level ◽  
The Relationship

Purpose – The purpose of this paper is to investigate the relationship between FDI and economic growth. Two models have been used to analyse the time series data on Pakistan from 1970 to 2012. This paper contributes to the existing literature by examining the different empirical methods to estimate the relationship between FDI and economic growth. The vector error correction model (VECM) results suggest that FDI depends on the economic growth but this relationship is not true vice versa. The second model showed that FDI, human capital and exports are important factors of economic growth. However, the negative relationship between interactive variables (FDI and human capital) and economic growth indicates that low level of human capital affect the economic growth of Pakistan. Design/methodology/approach – Used time series data (1970-2012) for empirical analysis. Findings – The VECM results suggest that FDI depends on the economic growth but this relationship is not true vice versa. The second model showed that FDI, human capital and exports are important factors of economic growth. However, the negative relationship between interactive variables (FDI and human capital) and economic growth indicates that low level of human capital affect the economic growth of Pakistan. Research limitations/implications – The limitations of this empirical paper are as follows: it would be better to use secondary school enrolment (per cent) to measure human capital instead adult literacy rate. Similarly, the non-availability of R & D data on Pakistan limited the scope of the paper to measure the role of absorptive capacity of domestic and its relationship with FDI. The results of this paper are specifically related to Pakistan and cannot be generalized to other countries. Practical implications – This empirical study implies that Pakistan should improve its economic growth. The robust policies are required to increase the literacy rate of the country. Higher human capital will attract more FDI into the economy and may reduce the unemployment. This would increase the national output of the country and their national income level. Presently, Pakistan is going through war on terror and foreign firms are reluctant to invest. A stable and secure business environment will ultimately inject foreign direct investment into Pakistan. Originality/value – This paper is first time analyse the time series data to explore the relationship between FDI and economic growth. A new approach has been used called VECM.

scholarly journals THE EXCHANGE RATE REGIME AND INTERNATIONAL TRADE: EVIDENCE FROM GHANA

2021 ◽  
pp. 1-8
Author(s):  
Adubofour Isaac
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Foreign Trade ◽  
Electric Power ◽  
Time Series Data ◽  
Labour Force ◽  
Series Data ◽  
Inverse Association ◽  
The Impact ◽  
The Relationship

The degree of fluctuation of a country’s currency in relation to other currencies is an important factor in determining her foreign trade position. The study employed both theoretical and empirical approaches to examine Ghana’s real exchange rate and the impact on her foreign trade. A time series data, spanning from 1991 to 2019 was analyzed in an attempt to establish the relationship between exchange rate and economic growth. It is argued in the study that exchange rate has impact on a country’s export volumes. A verification on the relationship between labour force and international trade was also conducted. The study was also extended to examining the impact of a country’s access to stable electric power on export volumes. Findings of the study revealed a statistically significant and inverse association existing between exchange rate and international trade. The study also found that, wide electricity coverage has statistically significant and direct effect on foreign trade, resulting from an increased production capacity due to the availability of electric power. The study however found no suggestive evidence to support the claim that, labour force has impact on her foreign trade. A test on granger causality found no causal linkage between the variables. KEYWORDS: Exchange rate, international trade, labour force, exports.

scholarly journals Hubungan Stres dan Kesejahteraan (Well-being) dengan Moderasi Kebersyukuran

2019 ◽  
Vol 5 (2) ◽  
pp. 178
Author(s):  
Erlis Manita ◽  
Marty Mawarpury ◽  
Maya Khairani ◽  
Kartika Sari
Keyword(s):  
Sampling Method ◽  
Negative Relationship ◽  
Well Being ◽  
Significant Negative Relationship ◽  
Stress Levels ◽  
Age Range ◽  
Relationship Of ◽  
The Impact ◽  
Mental Well Being ◽  
The Relationship

This study aimed to determine the correlation of stress and well-being with gratitude moderation in early adults in Aceh. The method of this research was carried out using a quantitative approach. This study involved 349 early adults (264 female, 85 male) with age range of 20-40 years (M = 22.20) selected through the nonprobability sampling method with incidental sampling techniques. Individual’s stress levels were measured using the Perceived Stress Scale, well-being was measured using the Warwick-Edinburgh Mental Well-being Scale, and gratitude was measured using the Skala Bersyukur Indonesia. Data were analyzed using moderated regression analysis to test the research hypothesis. The results showed that stress had a significant negative relationship to well-being (β1 = -0.788; p < 0.05), then gratitude was able to moderate the relationship of stress and well-being (β3 = 3.257; p < 0.05). This study showed that there was a correlation between stress and well-being with gratitude moderation. It meant that grateful people focus on things that are grateful for every day, so that the impact on low stress levels and can improve individual well-being.

scholarly journals Economics of Property Crime Rate in Punjab

2013 ◽  
Vol 52 (3) ◽  
pp. 221-233
Author(s):  
Shahzad Mahmood Jabbar ◽  
Hasan M. Mohsin
Keyword(s):  
Population Density ◽  
Crime Rate ◽  
Time Series Data ◽  
Negative Relationship ◽  
Property Crime ◽  
Deterrent Effect ◽  
Series Data ◽  
Data Set ◽  
Police Strength ◽  
The Impact

This study intends to ascertain the impact of socio-economic, demographic and deterrent variables and the effect of technical criminal know-how and past criminal experience on property crime rate. The property crime equation comprises of the following independent variables: population density, unemployment rate, literacy rate, police strength and number of police proclaimed offenders in a society. The property crime equation has been estimated by using a time-series data set for Punjab from 1978 to 2012. We have applied Johansen cointegration approach to test the long run relationship among the variables. Empirical findings suggest that police strength has a deterrent effect while past criminal experience enhances property crime rate in Punjab. The study finds population density has a significant positive relationship while education has a significant negative relationship with property crime rate. Further we also find a negative relationship between unemployment and property crime which is supported by the concept of ‘consensus of doubt’ in the discipline of crime and economics. JEL Classification: D6

scholarly journals An Investigation of the Determinants of Savings and Investment in Nigeria

2015 ◽  
Vol 1 (2) ◽  
pp. 1 ◽  
Author(s):  
Adelakun O. Johnson
Keyword(s):  
Economic Growth ◽  
Positive Relationship ◽  
Inflation Rate ◽  
Time Series Data ◽  
Series Data ◽  
Correction Model ◽  
Use Of Time ◽  
The Impact ◽  
The Relationship

<p>This study examined the relationship between savings, investment and economic growth. A corollary of the work is the determination of which of the inputs of production contributes more to economic growth in Nigeria. The study makes use of time series data spanning twenty-nine years using error correction model. The result shows a positive relationship between savings, investment and economic growth in Nigeria. Of the determinants of savings considered in the study, inflation rate contributes negatively to saving, while interest rate positively affect saving. All these confirm economic theory. The striking feature of the study however is the confirmation of the impact of labour on economic growth, which according to the study far outweighs the contribution of capital.</p>

scholarly journals Integrated Model to Measure the Impact of Terrorism and Political Stability on FDI Inflows: Empirical Study of Pakistan

2016 ◽  
Vol 8 (4) ◽  
pp. 1 ◽  
Author(s):  
Sundas Rauf ◽  
Rashid Mehmood ◽  
Aisha Rauf ◽  
Shafaqat Mehmood
Keyword(s):  
Time Series Data ◽  
Trade Openness ◽  
Political Stability ◽  
Negative Influence ◽  
Least Square ◽  
Series Data ◽  
Host Countries ◽  
Fdi Inflows ◽  
Gdp Growth Rate ◽  
The Impact

<p>To condense saving-investment gap, transformation of technology, creation of employment opportunities and more importantly, increasing economic development of host countries, Foreign Direct Investment (FDI) is proven to be a significant source of investment predominantly for developing countries. Numerous standing studies have scrutinized the economic impact of terrorism and political stability by referring to decrease in FDI. This study empirically enlightens the determinants of FDI for Pakistan over the period 1970 to 2013, by using annual secondary time series data. Adopting the optimistic approach, in this study, variables in the combination of terrorism, political stability, trade openness and GDP have been analyzed applying Ordinary Least Square (OLS) method. As expected, the projected results confirm that GDP, trade openness and political stability have positive and significant impact whilst terrorism has negative influence on FDI inflows in Pakistan. Because of the political stability along with stable GDP growth rate, inverse impact of terrorism has been found statistically insignificant.</p>

Factors Affecting International Reserves with Special Reference to India

2017 ◽  
Vol 21 (4) ◽  
pp. 339-349 ◽  
Author(s):  
Mohammad Kashif ◽  
P. Sridharan ◽  
S. Thiyagarajan
Keyword(s):  
Time Series Data ◽  
Trade Openness ◽  
Negative Relationship ◽  
International Reserves ◽  
Series Data ◽  
Macroeconomic Factors ◽  
Factors Affecting ◽  
Long Run ◽  
Short Run ◽  
The Impact

World international reserves holdings have accelerated sharply in recent times. Countries particularly developing ones are competitive enough to hoard these reserves and top 10 major holders are mostly from Asia. Interestingly India comes only ninth among them. Developing countries, particularly India, are in line to hoard foreign reserves and there are certain factors that affect international reserves holdings. This study analysed the impact of few macroeconomic factors on these reserves. Augmented Dickey Fuller (ADF) and Phillips-Perron (PP) tests were employed to check the stationarity of the variables on the time series data that were of annual frequency. It was found that all variables were co-integrated signalling long-run relationship. Error correction mechanism (ECM) was implemented to get short-run dynamics for which a negative relation was established for trade openness (TRDOP) which contradicts previous studies. The negative relationship of TRDOP with international reserves in India could be due to the outcome of sustained trade deficits of Indian balance of payments. The economic growth variable exhibits a positive relationship which is consistent with previous studies. All variables were found significant at a 5 per cent level. The ECM suggested the same results as its long-run counterpart.

scholarly journals The impact of inflation on the unemployment rate in Egypt: a VAR approach

2021 ◽  
Vol 107 ◽  
pp. 06009
Author(s):  
Emad Attia Mohamed Omran ◽  
Yuriy Bilan
Keyword(s):  
Unemployment Rate ◽  
Time Series Data ◽  
Empirical Studies ◽  
Impulse Response Function ◽  
High Rate ◽  
Series Data ◽  
Vector Autoregressive ◽  
Political Effects ◽  
The Impact ◽  
The Relationship

Unemployment and inflation are among the most critical phenomena facing both developed and developing countries due to their harmful social, economic, and political effects. The Egyptian monetary policy’s main objective is to maintain a low inflation rate in the medium run to keep the confidence and a high rate of investment and economic growth. At the same time, economists argue that targeting a low-rate of inflation may increase unemployment. Although the classical Philips curve indicates a trade-off between inflation and unemployment, several empirical studies have argued that the relationship between inflation and unemployment depends on the shocks’ source and lagged responses. The main objective of this paper is to examine the relationship between inflation and Egypt’s unemployment rate. We used time-series data from 1980 to 2019, where a vector autoregressive (VAR) model and the Impulse response function tool (IRF) were employed. The results show that inflation has a positive relationship with GDP while negatively affecting the unemployment rate.

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