scholarly journals The Data of Labor Market In Turkey and Time Series Analysis On Economic Growth (2000:01-2013:03)

2014 ◽  
Vol 3 (3) ◽  
pp. 98-102
Author(s):  
Bilal Kargı
Keyword(s):  
Economic Growth ◽  
Labor Markets ◽  
Labor Force ◽  
Cointegration Analysis ◽  
Turkish Economy ◽  
Advanced Economies ◽  
The World ◽  
Strong Relation ◽  
Term Labor

In the present study, labor markets were analyzed, in particular, the reasons of low labor force rate to make sense based on the data of Turkish economy. While in the advanced economies, the labor force rate is quite high and has small fluctuations around a certain extent over a long-term. In the Turkish economy, prominently falls in a long-term. Turkey is ranked at 18th by population size and ranked at 17th by GDP in the world and although its population effectively provides labor force rate, it will be highly effective on its economic growth. The study based on cointegration analysis with long-term labor data with respect to the economy of Turkey concluded that labor variables concern with GDP and cointegration in a long-term. In particular, when the presence of strong relation between the growth and the non-institutional population is produced, it is emphasized that the present relation between the growth and the labor variable isn’t strong enough.

scholarly journals Prospects for Vietnam’s Economy in 2013

2013 ◽  
Vol 215 ◽  
pp. 02-11
Author(s):  
NGÂN TRẦN HOÀNG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
World Economy ◽  
Inflation Rate ◽  
Economic Restructuring ◽  
Short Term ◽  
Economic Growth Model ◽  
The World ◽  
Global Growth

In 2012, Vietnam?s economy faced great challenges. The world economy experienced more difficulties and complicated upheavals. International trade fell drastically while global growth rate was lower than predicted target, which affected badly the Vietnamese economy because of its full integration into the world economy and large openness. In this context, principal targets set for 2013 are macroeconomic stability, lower inflation rate, higher growth rate, three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model. This paper analyzes obstacles to Vietnam?s economic growth, and offers short-term solutions to bottlenecks and long-term ones to the economic restructuring.

The outlook for long-run economic growth

2021 ◽  
pp. 201-221
Author(s):  
Jesper Rangvid
Keyword(s):  
Economic Growth ◽  
The Other ◽  
Long Run ◽  
Advanced Economies ◽  
The World ◽  
Future Growth

The chapter discusses theory and empirics regarding long-run economic growth. After reviewing the historical facts, the chapter discusses likely scenarios for long-run growth. The chapter also presents the arguments in a heated discussion where one side argues that growth will be tremendously high going forward, but the other argues future growth will be low. The chapter concludes that it does not seem likely that growth will be superhigh going forward. Will it be very low, then? In Advanced Economies, growth will probably be lower than the historical average, but in other parts of the world, growth will most likely be just fine.

At a Glance …: The World Economy

2013 ◽  
Vol 225 ◽  
pp. F2-F2
Keyword(s):  
Interest Rates ◽  
World Economy ◽  
Emerging Market ◽  
Significant Rise ◽  
List Type ◽  
Slow Recovery ◽  
Term Trend ◽  
Advanced Economies ◽  
The World

The world economy will grow by 3.1 per cent this year, and by 3.6 per cent in 2014: still below longer-term trend.Growth has slowed in key emerging market economies, particularly China, while it remains relatively weak in most advanced economies.A significant rise in the volatility and level of global long-term interest rates is inconvenient for some countries and may slow recovery.

At a Glance … The world economy

2012 ◽  
Vol 222 ◽  
pp. F2-F2
Keyword(s):  
Euro Area ◽  
World Economy ◽  
List Type ◽  
Advanced Economies ◽  
The Us ◽  
The World ◽  
Depression Era ◽  
The Impact ◽  
India And China

World growth is expected to remain below trend at 3.1 per cent in 2012 and 3.4 per cent in 2013.The Euro Area is forecast to contract by 0.5 per cent this year and grow only marginally next year with unemployment reaching ‘depression-era’ rates in some periphery economies. The US is likely to grow by 2 per cent in each year.Growth in Brazil, Russia, India and China will be below long-term potential next year, although ‘hard-landings’ will be avoided; the impact on advanced economies will be offset by a large gain in competitiveness.Debt to GDP ratios in OECD countries will, on average, be higher in 2014 than at present.

scholarly journals The economic tendencies, capital and inequalities

Bastina ◽  
2020 ◽  
pp. 239-262
Author(s):  
Slobodan Bracanović
Keyword(s):  
Economic Growth ◽  
National Income ◽  
World Politics ◽  
Basic Law ◽  
The Social ◽  
The World ◽  
Motor Activities ◽  
Property Income ◽  
Social Divide

Inequalities in: capital, property, income; the regulations are contemporary and global society. The rate income on capital surpasses rate the economic growth. Implement is enormous concentration of capital. Large is number a rich mans and extreme wealthy. On other side enormous majority is smaller the well-off and poor. Increase and the layer global plutocrats. Project is decelerate dynamics growth. The future is foggy uncertainty, as and full risky. Target of the work is perceive growth sociable a inequalities as the urgent contemporary the problem. Apply is various the methodology (historical, deductive-inductive, structural, comparative, statistical and other analysis). The problem it is concentration of capital and possibility reduce the social divide. Similarly swear, the problem is it and long-term the decelerate dynamics of the economic growth. Conclude is that beneficial influence powers of the convergence and (or) of the divergence, as and mixed of the efficiencies whose a resultant to be able in the direction reduce a global inequalities. Development individually a regions to be able and to dynamism of the economic growth. Philosophical and economic, rate the return of capital surpass the rate economic growth (p>g). This the trend anticipate is and in 21. century. "the first basic law of capitalism": a participation income of capital in national income (a) increase is rate the return (r) on capital and relation capital and income (b) that is a = r x b. "Other basic law of capitalism": relation capital and income (b) quotient is rate of saving (s) and rate growth of national income (g) that is b = s/g. "Law cumulative growth": rather small annual rate the return in long a deadline cause powerful growth, initial, of capital. "Law behavior": money and profit are motor activities! Richest the layer make one percentage of people (1%) on highest top of pyramid! Plutocracy create of the world politics.

Asymmetric and threshold effects of public debt on economic growth in SADC: a panel smooth transition regression analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bongumusa Prince Makhoba ◽  
Irrshad Kaseeram ◽  
Lorraine Greyling
Keyword(s):  
Economic Growth ◽  
Public Debt ◽  
Threshold Effect ◽  
Smooth Transition ◽  
Content Type ◽  
Advanced Economies ◽  
Smooth Transition Regression ◽  
Asymmetric Relationships ◽  
Panel Smooth Transition Regression

PurposeThis study aims to interrogate dynamic asymmetric relationships between public debt and economic growth in Southern African Developing Communities (SADC), over the period 2000–2018.Design/methodology/approachThe study employed a panel smooth transition regression (PSTR) technique to analyse dynamic asymmetric relationships between public debt and economic growth, and the threshold effect at which public debt hampers economic growth.FindingsThe findings indicate that there is a significant nonlinear effect of debt on economic growth in SADC. The study discovered a debt threshold of 60% to GDP at which debt beyond this threshold deteriorates long-term growth. The low-debt regime was found to be positive and statistically significant, while the high-debt regime is detrimental for long-term growth. Fiscal policymakers ought to consider the adoption of well-coordinated debt policies that aims to strike a balance between sustainable public debt and economic growth, within a reasonable threshold target.Originality/valueThe study focusses on asymmetric and threshold analysis of public debt on economic growth in SADC using sophisticated panel smooth transition regression (STAR). This study provides rigorous empirical evidence within the SADC perspective in which previous studies have predominantly been confined in advanced economies.

Drivers of Global Competitiveness and Economic Growth

2015 ◽  
pp. 13-27 ◽  
Author(s):  
Luìs Farinha ◽  
Joaquim Borges Gouveia ◽  
Sara Nunes
Keyword(s):  
Economic Growth ◽  
Structural Equation ◽  
Development Stage ◽  
Equation Model ◽  
Global Competitiveness ◽  
Economic Competitiveness ◽  
Advanced Economies ◽  
The World ◽  
World Economic ◽  
Definition Of

This chapter focuses on the issue of global competitiveness of the economies, based on the dimensions analyzed by the World Economic Forum in assessing the economic competitiveness of a large sample of countries. From the different stages of development of the countries, the study aims to help us to understand what pillars contribute most to the global competitiveness. Results based on structural equation model show what dimensions within each economic development stage best explain the competitiveness, helping us to realize even the performance achieved by the most advanced economies. Understanding the association of factor groups, pillars and related items, and levels of competitiveness may help academics to conduct new studies, as well as politicians in the definition of intervention priorities.

International Technology Diffusion and Economic Growth — A Theoretical Analysis on Market Structure

2011 ◽  
Vol 361-363 ◽  
pp. 1378-1386
Author(s):  
Hong Guang Sui ◽  
Ting Hua Liu
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Market Structure ◽  
Technology Diffusion ◽  
Economic Growth Rate ◽  
International Technology Diffusion ◽  
The World ◽  
The Right ◽  
Equilibrium Growth

This paper analyzes equilibrium with perfect international technology diffusion. The authors argue that if there are no large countries, economic growth rate in the world will converge with perfect international technology diffusion; otherwise, economic growth rate in the world will converge to the large countries’. Moreover, we considered the effect of market structure on the diffusion. Market structure can influence the long-term equilibrium growth rate by influencing international technology diffusion. The best point of market structure that is beneficial to diffusion can be derived in the interval, where the competition factors and monopoly factors are relatively balanced; in the left side of the best point, it will promote technology diffusion, and in the right side, it will impede technology diffusion.

scholarly journals The Effects of Economic Growth and Foreign Direct Investment on Air Transportation: Evidence from Turkey

2016 ◽  
Vol 9 (3) ◽  
pp. 154
Author(s):  
Salih Kalayci ◽  
Gozde Yanginlar
Keyword(s):  
Economic Growth ◽  
Air Transportation ◽  
Civil Aviation ◽  
Response Analysis ◽  
Vector Autoregressive ◽  
Research Results ◽  
Turkish Economy ◽  
Integration Test ◽  
The Relationship

<span lang="EN-US">The major goal of this research paper is to investigate the relationship among Turkish Economic growth, airway transportation and FDI. Several research results consistent with this papers finding and it has been founded that the economic growth plays a crucial role in air transportation by implementing econometrical models including Multiple Linear Regression (MLR), Johansen co-integration test and VAR model. The variables have been put into the Vector Autoregressive Model (VAR) and Johansen co-integration test. According to the test result of Johansen co-integration test there is a long-term relationship between the variables of GDP, FDI and air transportation. According to the both variance decomposition and Impulse Response analysis, the effect of GDP is found to increase </span><span lang="EN-US">air transportation</span><span lang="EN-US"> more than the FDI. Finally, the contribution of Turkish economy to civil aviation seems significant which is consistent with this paper’s research results.</span>

Human Progress — And Collapse?

2005 ◽  
Vol 16 (3-4) ◽  
pp. 441-456 ◽  
Author(s):  
Wolfgang E. Kasper
Keyword(s):  
Economic Growth ◽  
Economic History ◽  
Recent Book ◽  
The Political ◽  
Structural Flexibility ◽  
The Past ◽  
Social Disintegration ◽  
The World ◽  
Development Institutions

Against the human experience of long-term stagnation and misery, the record of growing prosperity over the past two centuries, and in particular the last fifty years, is astounding. Economic growth owes much to the mobilisation of resources and structural flexibility, but this depends on the ‘software of economic development’ – institutions, which change slowly. Now, old fears and growth-impeding policies are being justified on environmental grounds. One example is Jared Diamond's recent book ‘Collapse’, which discusses the possibility of a swift descent of the world into social disintegration. To anyone familiar with long-term economic history and the theory of growth, the book is pure millennial pessimism. It could become self-fulfilling if environmentalist doomsayers win the political argument with the doers — the engineers, entrepreneurs and economists.

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