scholarly journals Impact of Gross Domestic Product on Small & Medium Enterprises

2021 ◽  
Vol 2 (1) ◽  
pp. 27-39
Author(s):  
Hafiz Mohammad Rizwan Rashid ◽  
Karim Nooruddin Arbani
Keyword(s):  
Gross Domestic Product ◽  
Interest Rates ◽  
Inflation Rate ◽  
Domestic Product ◽  
Secondary Sources ◽  
Inferential Analysis ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Impact ◽  
The Relationship

This study intends to explore the impact of Gross Domestic Product (GDP) on the Performance of Small & Medium Enterprises (SME) in Pakistan. As the Interest and Inflation rate are high, this research has been taken to find the relation between the changes in inflation and interest and how they impact the performance of SMEs. Although there are several studies associated with the DV (Small & Medium enterprises) but the paper is unique as it is (based upon data from Secondary sources of Pakistan where there is a severe lacking of such studies. Data has been collected through the Mono method to indicate the effect of GDP on the performance of SMEs). OCDC countries governments are facing the challenges of low growth, weak trade, weak investment and rising high inequality that’s why the researcher will investigate that the impact of GDP on the performance of SMEs is significant in high interest and inflation rate. Therefore this study is one of the epistemology / pervasive in nature as the study is potent to increase the knowledge in the area of business as well as foreign direct investors. However, this study was supplemented with some limitations as the data collected from the Mono method as an archival strategy from Pakistan. This study would also help the business sector manage their interest rates and attract foreign direct investors to invest more to increase the Gross Domestic Product of Pakistan. The sample size for the study is the past 15 years of data from secondary sources in Pakistan and the researcher will use the CFA and SAM approach using E-Views software that has been used for the purpose of data analysis and the major reason for the application of the software is the theory-building approach associated for finding the relationships between GDP and the Performance of SMEs. Although the paper is supported by descriptive due to quantitative in nature & as well as inferential analysis in order to make findings of the study potent and reliable enough. The use of the software indicated that there is a relationship between major IV (Gross Domestic Product) and DV of the study (Performance of Small & Medium Enterprises) and thus the result is prevalent in identifying the relationship between the variables GDP (IV) & Performance of SME (DV).

scholarly journals An Econometric Assessment of the Impact of Exchange Rate Depreciation on Inflation in Nigeria (1981-2017)

2019 ◽  
Author(s):  
Kenneth Apeh ◽  
Abubakar Muhammad Auwal ◽  
Nweze Nwaze Obinna
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Inflation Rate ◽  
Government Expenditure ◽  
Domestic Product ◽  
Economic Policies ◽  
Distributed Lag ◽  
Long Run ◽  
The Impact ◽  
Exchange Rate Depreciation

The present reality of the Nigerian economy is the fact that inflation has remained unabated in spite of all exchange rate measures that have been adopted by the monetary authority. This calls for investigation into the extent to which exchange rate impact on inflation in Nigeria. The research paper examined the impact of exchange rate depreciation on inflation in Nigeria for the period 1981–2017, using Auto Regressive Distributed Lag (ARDL) Bounds Test Cointegration Procedure. The research shows that inflation rate in Nigeria is highly susceptible to lagged inflation rate, exchange rate, lagged exchange rate, lagged broad money, and lagged gross domestic product at 5% level of significance. A long run relationship was also found to exist between inflation rate, gross domestic product and general government expenditure, indicating that the model has a self-adjusting mechanism for correcting any deviation of the variables from equilibrium. Therefore, this study concludes that exchange rate is an important tool to manage inflation in the country; thus, this paper recommends that policies that have direct influence on inflation as well as exchange rate policies that would checkmate inflation movement in the country, should be used by the Central Bank of Nigeria. Also, monetary growth and import management policies should be put in place to encourage domestic production of export commodities, which are currently short-supplied. In addition, policy makers should not rely on this instrument totally to control inflation, but should use it as a complement to other macro-economic policies.

scholarly journals THE FACTORS ANALYSIS THAT INFLUENCE ONINFLATIONIN INDONESIA

2020 ◽  
Vol 3 (2) ◽  
pp. 302-307
Author(s):  
Helmi Agus Salim ◽  
Nely Supeni
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Interest Rates ◽  
Inflation Rate ◽  
Rate Coefficient ◽  
Domestic Product ◽  
Simultaneous Test ◽  
Factors Analysis ◽  
The Exchange Rate ◽  
The Interest Rate

MBA –JournalofManagementandBusinessAplicationPage 302MBAJournalofManagementandBusinessAplicationTHE FACTORS ANALYSIS THAT INFLUENCE ONINFLATIONIN INDONESIAHelmi Agus Salim1Nely Supeni2Higher Education of Economic MandalaEmail: [email protected] is an interesting topic to discuss because it has a broad impact on macroeconomic aggregates such as on economic growth, product competitiveness, interest rates and income distribution. Inflation is a dilemma that haunts the economy, especially developing countries especially Indonesia is a country with an estimated economic level in the world. Therefore there are several things that will be studied and examined to find out these problems including the effect of fuel subsidies, the effect of the Rupiah exchange rate against the US Dollar, the influence of interest rates, and the influence of Gross Domestic Product (GDP) on the inflation rate in Indonesia. The research method for analyzing data used is multiple regression. The results showed the Subsidy Variable (LS) had a positive regression coefficient of 0.1270 to inflation, the exchange rate coefficient (LK) was 0.5915 to inflation, the value of the interest rate coefficient (LSB) was -0.88638 to inflation, the GDP coefficient (LG) is 0.1489 of inflation. Based on the simultaneous test, it can be seen that the F statistic is 390 with a prob (F-statistic) of less than one percent, so these statistics mean that together the independent variables in the research model include the value of government subsidies, the exchange rate of the Rupiah against the USD, interest rates, and Gross Domestic Product / GDP of Indonesia together influence the inflation rate in Indonesia.Keywords:Inflation, Rupiah Exchange Rate, Interest Rates, Gross Domestic Product

Monetary requirements for financial development

2020 ◽  
Vol 26 (2) ◽  
pp. 349-368
Author(s):  
K.V. Krinichanskii ◽  
N.E. Annenskaya
Keyword(s):  
Interest Rates ◽  
Financial Development ◽  
Inflation Rate ◽  
Substantial Growth ◽  
Bank Deposits ◽  
Developed Stock Markets ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

Subject. The study investigates the relationship of financial development and monetary factors, which may be represented with inflation indicators, money aggregate M2 (measured by GDP), differential of interest rates on loans and funds raised by banks, etc. Objectives. The study outlines a theoretical perimeter for analyzing monetary requirements of financial development. Based on empirical data, we show the extent to which the requirements are influential. Methods. To verify the hypothesis, we classify items under study. The relationship of variables is reviewed through regression analysis. The study embraces 21 countries with developed stock markets and 17 emerging markets, covering the time span from 1960 through 2016. Results. We discovered the negative regular relationship between the inflation rate and three financial development metrics, such as bank deposits to GDP, banks assets to GDP, domestic loan for the private sector to GDP. Conclusions and Relevance. Monetary conditions seem to be significant for financial development. Therefore, the economic policy and strategies for the analysis of phenomena should be amended, since they treat financial development as a substantial growth driver. The relationship spotlights possible lines of the policy for enhancing the quality of financial development. Furthermore, the findings can be used to refine approaches to evaluating the impact of financial development on economic growth.

Индустријализација и раст бруто друштвеног производа // The Industrialization and Growth of Gross Domestic Product

2018 ◽  
Vol 13 (22) ◽  
pp. 151
Author(s):  
Брано Маркић ◽  
Сања Бијакшић ◽  
Арнела Беванда
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Industrial Production ◽  
Growth And Development ◽  
Manufacturing Sector ◽  
Domestic Product ◽  
Data Set ◽  
The Impact ◽  
The Relationship

Резиме: Рад је истраживање и емпиријска верификација закона Ницхолас Калдора о утицају индустријске производње на раст бруто друштвеног производа. Калдор је формулисао принципе економског раста у облику три закона који настоје утврдити кључне узроке економског раста. Први његов закон тврди да је стопа раста привреде позитивно корелирана са стопом раста њезина производног сектора. Индустрија као најважнија снага развоја привреде се поодавно анализира у литератури о привредном развоју: Hirschman (1961), Rosenstein-Rodan (1943), Th irnjall (2013), Cornnjall (1977). Циљ рада је емпиријски провјерити Калдоров приступ расту и развоју у Федерацији Босне и Херцеговине. Стога је обликован посебан скуп података кога чине дводимензионалне табеле и временске серије. Регресијском анализом је квантификована повезаност између стопа раста бруто друштвеног производа и стопе раста индустријске производње.Summary: The paper the industrialization and the growth of gross domestic product is a research and empirical verification of Nicholas Kaldor laws on the impact of industrial production to GDP growth. Kaldor has formulated the principles of economic growth in the form of three laws that tend to identify key causes of economic growth. His first law asserts that the rate of economic growth is positively correlated with the rate of growth of its manufacturing sector. Industry as the most important force of economic development is widely analyzed in the literature on economic development (Hirschman (1961), Rosenstein-Rodan (1943), Thirwall (2013), Cornwall (1977)). The aim is to empirically test the Kaldor’s approach to growth and development in the Federation of Bosnia and Herzegovina. It is therefore designed a special data set consisting of two-dimensional tables and time series. Using regression analysis was quantified the relationship between the growth rate of gross domestic product and the growth of industrial production. 

scholarly journals The Impact of the SARS-CoV-19 Pandemic on the Global Gross Domestic Product

2021 ◽  
Vol 18 (10) ◽  
pp. 5246
Author(s):  
Piotr Korneta ◽  
Katarzyna Rostek
Keyword(s):  
Gross Domestic Product ◽  
Large Scale ◽  
Negative Impact ◽  
Piecewise Linear ◽  
Domestic Product ◽  
Piecewise Linear Approximation ◽  
Worldwide Phenomenon ◽  
National Economies ◽  
The Impact ◽  
The Relationship

The rapid, unexpected, and large-scale expansion of the SARS-CoV-19 pandemic has led to a global health and economy crisis. However, although the crisis itself is a worldwide phenomenon, there have been considerable differences between respective countries in terms of SARS-CoV-19 morbidities and fatalities as well as the GDP impact. The object of this paper was to study the influence of the SARS-CoV-19 pandemic on global gross domestic product. We analyzed data relating to 176 countries in the 11-month period from February 2020 to December 2020. We employed SARS-CoV-19 morbidity and fatality rates reported by different countries as proxies for the development of the pandemic. The analysis employed in our study was based on moving median and quartiles, Kendall tau-b coefficients, and multi-segment piecewise-linear approximation with Theil–Sen trend lines. In the study, we empirically confirmed and measured the negative impact of the SARS-CoV-19 pandemic on the respective national economies. The relationship between the pandemic and the economy is not uniform and depends on the extent of the pandemic’s development. The more intense the pandemic, the more adaptive the economies of specific countries become.

scholarly journals THE RELATIONSHIP BETWEEN MONETARY POLICY AND PRIVATE SECTOR CREDIT IN SADC COUNTRIES

2021 ◽  
Vol 9 (1) ◽  
pp. 46-54
Author(s):  
Vikela Liso Sithole ◽  
◽  
Tembeka Ndlwana ◽  
Kin Sibanda ◽  
◽  
...  
Keyword(s):  
Monetary Policy ◽  
Gross Domestic Product ◽  
Private Sector ◽  
Money Supply ◽  
Sustainable Growth ◽  
Domestic Product ◽  
Distributed Lag ◽  
Long Run ◽  
The Impact ◽  
The Relationship

This paper empirically examined the relationship between monetary policy and private sector credit in the Southern African Development Community (SADC) group of countries using a panel autoregressive distributed lag (ARDL) co-integration technique for the period from 2009 to 2018. The Hausman test result indicated that the null hypothesis of long-run homogeneity cannot be rejected and hence we accept the pooled mean group estimators (PMGE) as a consistent and efficient estimator. The PMGE results showed that credit to the private sector and gross domestic product have a positive and statistically significant long-run impact on money supply. The impact of credit to the private sector on money supply is shown by the results to be statistically significant and positive both in the short and long run. The impact of gross domestic product on money supply was found to be statistically significant positive in the long run while positive but insignificant in the short run. The study recommends policy attention that is directed towards the appetite for accelerated growth, investment, and employment in the SADC region but more importantly with more regard to the establishment of sustained macroeconomic stability as a precondition to sustainable growth and for the creation of monetary union in the region.

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 Determining the Impact of Economic Factors to the Gross Domestic Product in Bangladesh

2022 ◽  
Vol 12 (1) ◽  
pp. 37-40
Author(s):  
Mostofa Mahmud Hasan ◽  
B.M. Sajjad Hossain ◽  
Md. Abu Sayem
Keyword(s):  
Gross Domestic Product ◽  
Inflation Rate ◽  
Economic Condition ◽  
Domestic Product ◽  
Analysis Model ◽  
Macroeconomic Factors ◽  
Dependent Variables ◽  
Import And Export ◽  
Growing Economy ◽  
The Impact

Gross Domestic Product (GDP) is believed to be an indicator of a country’s economic condition. Bangladesh’s GDP increased at a pace of 8.15% in fiscal 2018-19 as per the base year 2005-06. By the year 2019, Bangladesh has become the seventh fastest-growing economy in the world. This paper used multiple regression analysis model for the macroeconomic factors. The aim of this study is to measure the effects of macroeconomic factors considering GDP as the dependent variables and inflation rate, import, and export are considered as independent. This paper represents that import and export are positively associated factors with GDP whereas inflation rate is a negatively associated factor. This study concluded with revealing the importance of conducting further study by considering more economic variables to measure the economic growth as a whole.

scholarly journals The Effect of Unemployment Rate on the Gross Domestic Product in Nigeria (A Bayesian Approach)

2021 ◽  
Author(s):  
Victor Agboli
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Gross Domestic Product ◽  
Positive Impact ◽  
Linear Regression Analysis ◽  
Domestic Product ◽  
Policy Recommendations ◽  
Bayesian Linear Regression ◽  
The Impact ◽  
The Relationship

This study investigates the impact of unemployment on the Gross Domestic Product (GDP) of Nigeria for a period of 28 years (1990-2018). The study focuses on the relationship between unemployment and economic growth in Nigeria (GDP). The method used in this study is the Bayesian Linear Regression Analysis, the major findings were that unemployment has a positive impact on the economic growth of Nigeria. Some suggestions and policy recommendations were made based on the findings.

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