scholarly journals A Way towards Economic Growth in Pakistan: Role of Worker’s Remittances Revisited

2017 ◽  
Vol 5 (1) ◽  
pp. 1-14
Author(s):  
Hina Ali ◽  
Saba Tahir

This research is directed to study the role of remittances in the economic growth of Pakistan. In Pakistan workers, remittances are considered a second-largest source of finance after FDI. In this study, the relationship between worker's remittances and economic development in Pakistan is estimated by using the Ordinary Least Square (OLS) technique. Data is taken in time series for the period of 37 years from 1976 to 2013 from World Bank, economic surveys, and Stat bank of Pakistan. This research showed that worker’s remittances are positive as well as significant with GDP growth and also playing a dynamic part in the economy of Pakistan. Savings (SAV) and Foreign direct investment (FDI) have positive and significant impacts on economic development. Therefore, the study recommends that there should be a proper setup that will help to attract more workers remittances into the economy. There is a need for such an official financial sector that inspires recipients to invest their savings into a productive sector that would result in economic growth.

2021 ◽  
Vol 4 (2) ◽  
pp. g11-17
Author(s):  
Tien Siew

The purpose of this study is to investigate the relationship between the inflows of Foreign Direct Investment (FDI) and economic growth in Malaysia. The sample collected for this empirical study covered 30 years of data from 1991 to 2020. The secondary data was collected annually and a total of 30 observations were taken for each variable. Ordinary Least Square (OLS) regression, unit root test, several diagnostic tests and Granger causality test were used in this research to investigate the relationship between FDI inflows and economic growth. Eviews 11 was used to analyze the time series data throughout all the tests. The result showed that the inflows of FDI has a significant negative relationship with economic growth and there is no causal relationship between FDI and Gross Domestic Product (GDP). Keywords: Economic growth, FDI inflows, Granger Causality Test, Ordinary Least Square regression, Unit Root Test


2017 ◽  
Vol 2 (1) ◽  
pp. 54-68
Author(s):  
Firdaus Jufrida ◽  
Mohd. Nur Syechalad ◽  
Muhammad Nasir

This study aims to analyze the effect of foreign direct investment (FDI) and domestic investment on Indonesian economic growth. The data used was time series data on Indonesian economy from year. Furthermore, the analysis was conducted with quantitative method using Ordinary Least Square (OLS) regression method with multiple regression model. The result shows that Foreign Direct Investment (FDI) has a positive but not significantly affected Indonesia economic growth, while Domestic Investment has a positive significant effect on Indonesian economic growth. Based on the research results, it is recommended that the Indonesia government has to maintain the stability of economic variables that can stimulate foreign and domestic investment in order to achieve sustainable economic growth.Penelitian ini bertujuan untuk menganalisis pengaruh investasi asing langsung (FDI) dan investasi domestik pada pertumbuhan ekonomi Indonesia. Data yang digunakan adalah data time series pada perekonomian Indonesia dari tahun. Selanjutnya, analisis dilakukan dengan metode kuantitatif dengan menggunakan metode regresi Ordinary Least Square (OLS) dengan model regresi berganda. Hasil penelitian menunjukkan bahwa Foreign Direct Investment (FDI) memiliki positif tetapi tidak pertumbuhan ekonomi secara signifikan mempengaruhi Indonesia, sedangkan PMDN memiliki efek positif yang signifikan terhadap pertumbuhan ekonomi Indonesia. Berdasarkan hasil penelitian, disarankan agar pemerintah Indonesia harus menjaga stabilitas variabel ekonomi yang dapat merangsang investasi asing dan domestik dalam rangka mencapai pertumbuhan ekonomi yang berkelanjutan.


Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3470
Author(s):  
Xueqing Kang ◽  
Farman Ullah Khan ◽  
Raza Ullah ◽  
Muhammad Arif ◽  
Shams Ur Rehman ◽  
...  

In selected South Asian countries, the study intends to investigate the relationship between urban population (UP), carbon dioxide (CO2), trade openness (TO), gross domestic product (GDP), foreign direct investment (FDI), and renewable energy (RE). Fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models for estimation were used in the study, which covered yearly data from 1990 to 2019. We used Levin–Lin–Chu, Im–Pesaran–Shin, and Fisher PP tests for the stationarity of the variables. The outcomes of the panel cointegration approach looked at whether there was a long-run equilibrium nexus between selected variables in Pakistan, Bangladesh, India, and Sri Lanka. The FMOLS approach was also used to assess the relationship, and the results suggest that there is a significant and negative nexus between FDI and renewable energy in south Asian nations. The study’s findings reveal a strong and favorable relationship between GDP and renewable energy use. In South Asian nations (Sri Lanka, Pakistan, India, and Bangladesh), the FMOLS and DOLS findings are nearly identical, but the authors used the DOLS model for robustification. According to the findings, policymakers in South Asian economies (Sri Lanka, Pakistan, India, and Bangladesh) should view GDP and FDI as fundamental policy instruments for environmental sustainability. To reduce reliance on hazardous energy sources, the government should also reassure financial sectors to participate in renewable energy.


Author(s):  
Muhammad Usman

The goal of this study is to explore the impact of high tech exports on economic growth of Pakistan. To examine this relationship, data are collected from World Bank database, State Bank of Pakistan data source and Statistical Bureau of Pakistan. Time span of study is consisting of 20 years from 1995 to 2014. By using ordinary least square (OLS) with robust standard error, results confirm that there is a positive and statistically significant impact of high tech exports on economic growth. Although Pakistan is an agriculture country and its economic growth is largely depend upon farming, but for long run economic growth, Pakistan has to increase its high tech exports.


2018 ◽  
Vol 9 (3) ◽  
pp. 29-45 ◽  
Author(s):  
Mohammad I. Merhi

The motivation of this article was the lack of empirical evidence regarding the relationship between culture and actual usage of ICTs/e-government. By using Hofstede's cultural framework, this article explains the influence of national culture on e-government usage across countries controlled by socio-economic factors, specifically, GDP and literacy rate. Data was collected from reputable organizations such as World Bank databases and Hofstede's website. Ordinary least square and truncated regression are used to test the hypotheses presented in this article. Results indicate that nearly all Hofstede's cultural dimensions and e-government usage are significantly related. In particular, this article indicates that the usage of e-government is higher in nations that score low in power distance, uncertainty avoidance, individualism and masculinity.


SOROT ◽  
2020 ◽  
Vol 15 (2) ◽  
pp. 87
Author(s):  
Miftakul Khoiri ◽  
Syapsan Syapsan ◽  
Sri Endang Kornita

Terdapat beberapa permasalahan yang berbeda pada sumber daya di setiap daerah, yaitu investasi, tenaga kerja dan teknologi sebagai faktor pembentuk output perekonomian daerah. Penelitian ini menganalisis hubungan antara investasi dalam bentuk Penanaman Modal Asing (PMA), Penanaman Modal Dalam Negeri (PMDN), belanja modal pemerintah, angkatan kerja dan ekspor dengan pertumbuhan ekonomi. Tujuan penelitian adalah melihat pengaruh besarnya faktor-faktor tersebut terhadap Pertumbuhan ekonomi di Provinsi Riau 2000-2018. Untuk kepentingan khusus penelitian dengan tujuan melihat pengaruh krisis keuangan global tahun 2008 terhadap pertumbuhan ekonomi maka dimasukkan variabel dummy krisis keuangan. Penelitian ini adalah penelitian kuantitatif dengan metode regresi berganda log-log linier dan data time series. Model diestimasi dengan metode Ordinary Least Square (OLS). Hasil penelitian menunjukkan bahwa PMA, PMDN, angkatan kerja dan ekspor signifikan positif mempengaruhi pertumbuhan ekonomi yang diukur dengan nilai Produk Domestik Regional Bruto (PDRB). Begitu juga dengan dummy krisis keuangan global meskipun berlangsung singkat ternyata berpengaruh terhadap PDRB di Provinsi Riau. Namun demikian ditemukan bahwa belanja modal pemerintah tidak signifikan mempengaruhi pertumbuhan PDRB.There are some problems in resources of the regions, namely investment, labour force, and technology as the component factors to make the output of the region’s economy. This study aims to analyze the relationship between investment as consist of foreign direct investment (FDI), private investment, government capital expenditure, labour force, export and economic growth to the gross regional domestic product growth of regency in Riau Province 2000-2018. For the specific purpose of describing global financial crises in 2008 influence the economic growth, we put the dummy variable of the financial crisis in the model. This research is quantitative descriptive with the multiple regression model of log-linear and time series method using Ordinary Least Square (OLS). The study shows that government capital expenditure is statistically not significant to affect the gross regional domestic product growth. FDI, private investment, labour force and export is statistically significant to affect the gross regional domestic product growth. As well as a dummy of the global financial crisis is statistically significant to affect the gross regional domestic product growth.


2018 ◽  
Vol 6 (2) ◽  
pp. 19
Author(s):  
Abdul Fareed Delawari

Afghanistan has been practicing market economic system since 2002. Since then, the government has been initiating different policies and announced various incentives to attract foreign direct investment (FDI) to the country. However, the outcome has not been satisfactory due to several political and economic factors. This paper explores the relationship between security, economic growth and FDI in Afghanistan, using ARDL model. The paper covers a period from 2002 to 2016. The empirical results of this study show that there is a negative long-term relationship between security and FDI. Hence,  the author concludes that, to attract FDI to the country, insuring security should be the top priority of the government of Afghanistan.


Author(s):  
Yandiles Weya ◽  
Vecky A.J. Masinambow ◽  
Rosalina A.M. Koleangan

ANALISIS PENGARUH INVESTASI SWASTA , PENGELUARAN PEMERINTAH, DAN PENDUDUK TERHADAP PERTUMBUHAN EKONOMI DI KOTA BITUNG Yandiles Weya, Vecky A.J. Masinambow, Rosalina A.M. Koleangan. Fakultas Ekonomi dan Bisnis, Magister Ilmu EkonomiUniversitas Sam Ratulangi, Manado ABSTRAKPada suatu periode perekonomian mengalami pertumbuhan negatif berarti kegiatan ekonomi pada periode tersebut mengalami penurunan. Kota Bitung periode tahun 2004-2014 mengalami pertumbuhan ekonomi yang fluktuasi. Adanya fluktuasi ini dapat dipengaruhi oleh investasi swasta, belanja langsung, dan penduduk Pertumbuhan ekonomi merupakan salah satu tolok ukur keberhasilan pembangunan ekonomi di suatu daerah. Pertumbuhan ekonomi mencerminkan kegiatan ekonomi. Pertumbuhan ekonomi dapat bernilai positif dan dapat pula bernilai negatif. Jika pada suatu periode perekonomian mengalami pertumbuhan positif berarti kegiatan ekonomi pada periode tersebut mengalami peningkatan. Sedangkan jikaTahun 2004-2014 yang bersumber dari Badan Pusat Statistik Provinsi Sulut dan Kota Bitung. Metode analisis yang digunakan adalah model ekonometrik regresi berganda double-log (log-log) dengan metode Ordinary Least Square (OLS). Penelitian ini bertujuan untuk mengetahui apakah perkembangan investasi swasta, belanja langsung, dan penduduk berpengaruh terhadap pertumbuhan ekonomi Kota Bitung. Data yang dipakai menggunakan data time series periodeHasil regresi model pertumbuhan ekonomi dengan persamaan regresinya yaitu  LPDRB  =  - 4,445    +  0.036 LINV  +  0.049 LBL  +  2,229 LPOP.  Dari hasil tersebutmenunjukkan perkembangan investasi swasta, belanja langsung dan penduduk berpengaruh positif dan signifikan terhadap pertumbuhan ekonomi Kota Bitung.Kata Kunci :pertumbuhan ekonomi, belanja langsung, penduduk, regresi bergandaABSTRACT    The economy experienced a period of negative growth means economic activity in this period has decreased. Bitung-year period 2004-2014 economic growth fluctuations. These fluctuations can be influenced by private investment, direct spending, and population Economic growth is one measure of the success of economic development in an area. Economic growth reflects economic activity. Economic growth can be positive and can also be negative. If the economy experienced a period of positive growth means economic activity during the period has increased. Whereas if  years 2004-2014 are sourced from the Central Statistics Agency of North Sulawesi Province and Bitung. The analytical method used is an econometric model double-log regression (log-log) with Ordinary Least Square (OLS). This study aims to determine whether the development of private investment, direct spending, and population affect the economic growth of the city of Bitung. The data used using time series data period.    The results of the regression model of economic growth with the regression equation is LPDRB = - LINV 4.445 + 0.036 + 0.049 + 2.229 LPOP LBL. From these results show the development of private investment, direct expenditure and population positive and significant impact on economic growth of Bitung.Keywords: Economic growth, direct spending, population, regression.


2019 ◽  
Vol 16 (1) ◽  
pp. 1-10
Author(s):  
Novegya Ratih Primandari

This research aims to analyze effect of economic growth, inflation and Unemployment on the Rate of Poverty in the Province of South Sumatera. This research used secondary data in the form of time series data from 2001-2017. The method used quantitative approach by applying a linear regression model with OLS estimation Ordinary Least Square (OLS) method. The results of this study indicate that partially and simultaneously Economic Growth, Inflation and Unemployment have a significant effect on the Poverty Rate in the Province of South Sumatera.


2019 ◽  
Vol 7 (4) ◽  
pp. 55 ◽  
Author(s):  
Iman Harymawan ◽  
Mohammad Nasih ◽  
Muhammad Madyan ◽  
Diarany Sucahyati

The purpose of this study is to investigate the relationship of firms with family ownership and their performance in Indonesia and further examine on how political connections affect this relationship. This study used 933 samples from 413 companies listed on the Indonesia Stock Exchange (IDX) in the period between 2014 and 2016. Using ordinary least square (OLS) regression, the results shows that firms without family ownership (non-family firms) have better performance than firms with family ownership (family firms) in Indonesia. Furthermore, the findings also show that the performance of family firms significantly improve when the firms are affiliated with political connections. Our findings imply that establishing political connections in family firms will increase the performance of the firms.


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