THE IMPACT OF EU FUNDS ALLOCATED TO POLAND FOR 2007 – 2013 ON SUSTAINABLE ECONOMIC DEVELOPMENT OF THE VOIVOIDSHIPS

2017 ◽  
Vol 165 (45) ◽  
pp. 86-97
Author(s):  
ELŻBIETA PIOTROWSKA ◽  
MARIA OLEJNICZAK
Keyword(s):  
Economic Development ◽  
Economic Efficiency ◽  
Research Work ◽  
Value Added ◽  
Sustainable Economic Development ◽  
Gross Value Added ◽  
Fixed Assets ◽  
Union Support ◽  
The Impact ◽  
Great Share

The economic development of the voivodships was analyzed in this research work. During the research there were defined incurred investment analyses outlays and valued their efficiency. The research included gross value of fixed assets and gross value added. Investment edition on infrastructure are financed with a great share of public means and now a day of union funds. That is way this work included years from 2007 to 2013 as a period of union support. Curried research had shown great differences in concentration and economic efficiency of fixed assets in individual voivodships.

scholarly journals ECONOMIC EFFICIENCY, ENERGY CONSUMPTION AND SUSTAINABLE DEVELOPMENT / EKONOMINIS EFEKTYVUMAS, ENERGIJOS VARTOJIMAS IR SUBALANSUOTA PLĖTRA

2011 ◽  
Vol 12 (2) ◽  
pp. 353-374 ◽  
Author(s):  
Štefan Bojnec ◽  
Drago Papler
Keyword(s):  
Economic Development ◽  
Energy Consumption ◽  
Energy Saving ◽  
Economic Efficiency ◽  
Energy Intensity ◽  
Driving Forces ◽  
Management Strategies ◽  
Value Added ◽  
Sustainable Economic Development ◽  
Technological Intensity

This paper analyzes structural indicators of economic efficiency and energy intensity consumption as determinants of sustainable economic development for the selected 33 European countries. The correlation, regression and multivariate factor analyses are applied to test the associations between the selected structural variables of energy intensity consumption, economic efficiency, and the main driving forces behind these developments. Economic efficiency is positively associated with expenditures on research and development (R&D) and a greater technological intensity of exports, while at the same time the economic efficiency of R&D expenditures and technological intensity of exports reduce the energy intensity consumption of the economy. The results suggest that management strategies and policies directed towards R&D expenditures, human capital investments, and technologically intensive export oriented products are improving economic efficiency performance and contributing to energy saving sustainable economic development. The technological intensity of products reduces energy consumption, which is related to restructuring of energy intensive industries into more advanced and energy saving ones with higher value added per unit of product, but with lower energy consumption per unit of product. Santrauka Autoriai analizuoja struktūrinius ekonominio efektyvumo ir energijos vartojimo intensyvumo, kaip vienų iš pagrindinių subalansuotos plėtros kintamųjų, rodiklius. Tirti buvo pasirinktos 33 Europos valstybės. Autoriai, siekdami pagrįsti iškeltus teiginius, naudojo koreliacinę, regresinę analizę bei daugiakriterinius metodus galimoms ekonominio efektyvumo bei energijos vartojimo laipsnio (ir kitų, ne mažiau svarbių elementų) variacijoms nustatyti. Ekonominis efektyvumas labai dažnai asocijuojasi su tyrimais ir plėtra (R&D), eksportuojamomis aukštosiomis technologijomis. Remdamiesi atliktų tyrimų rezultatais autoriai siūlo nukreipti tiek politinius sprendimus, tiek valdymo strategijas į tyrimų ir plėtros (R&D) veiklas, investicijas į žmogiškuosius išteklius, technologinius sprendimus, nes visa tai galima susieti su subalansuotos plėtros koncepcija.

scholarly journals Value-added tax and economic efficiency: Role of country governance

2020 ◽  
pp. 20-20 ◽  
Author(s):  
Sok-Gee Chan ◽  
Zulkufly Ramly ◽  
Mustapha Zulkhairi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic Efficiency ◽  
Value Added ◽  
Corporate Tax ◽  
Institutional Factor ◽  
Using Data ◽  
The Impact ◽  
Moderating Role

This paper examines the impact of VAT on economic efficiency, which while regarded as distortionary remains inevitable for economic development. Using data from 115 countries from 1984 to 2014, this research further investigates the moderating role of country governance on the link between VAT and economic efficiency. The results suggest that the extent to which country governance mitigates the effect of VAT on economic efficiency is contingent upon the way the country groups prioritize the development of each institutional factor. We find that high corporate tax countries benefit more from higher quality country governance. These findings confirm the role of country governance in better enforcement of tax policy to create less detrimental effects for economic growth. Therefore, better country governance makes taxation more affordable in high corporate tax countries.

Effect of international labor mobility on social-economic development of countries

2021 ◽  
pp. 54-59
Author(s):  
E.I. Huseinova ◽  
Keyword(s):  
Economic Development ◽  
Social Economic ◽  
Negative Impact ◽  
Research Work ◽  
Practical Significance ◽  
Problem Solution ◽  
International Mobility ◽  
Labor Resources ◽  
Social Economic Development ◽  
The Impact

The goal of the research is the specification of the effect of international mobility of labor resources on the social-economic development of a country, as well as the impact on the GDP volume. The main purpose set in the investigation is the study of international experience of the problem solution. Another goal of the research work is the international mobility of labor resources in conditions of national economy. The methods of analysis, grouping and analogy were used in the investigation. In the research work carried out by the author, the properties of international mobility of labor resources were commented, the factors and reasons of their occurrence specified as well. The analysis has been conducted and the system of effect mobility of labor resources on GDP growth in some countries and their impact on the state of labor market developed. Due to the research surveys, the reasons for development of international mobility of labor resources and direction of labor migration streams in Azerbaijan have been identified. The impact of international mobility of labor resources on social-economic development has been evaluated. Positive and negative impact of international mobility of labor resources on social-economic development of Azerbaijan, as well as setting measures on migrant admission as contributing country in case of negative effect have been specified in the innovation of research. Practical significance of the investigation lies in the regulation of international mobility of labor resources, introduction with experience of difference countries by the system of statistical figures and formation of their resources, grouping and using the data for problem solution in our country.

scholarly journals Contribution of Highly Qualified Employees to Regional Economy

2021 ◽  
Vol 17 (3) ◽  
pp. 873-887
Author(s):  
Ilya A. Korshunov ◽  
Natalia N. Shirkova ◽  
Nikolay S. Zavivaev
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Industrial Development ◽  
Value Added ◽  
Transport Sector ◽  
Highly Qualified ◽  
Gross Value Added ◽  
The Russian Federation ◽  
Skill Requirements

Knowledge and skills concentrated in human capital are increasingly important factors of economic development. However, there is a lack of a methodology for determining, which skills are necessary for the efficient industrial development. To this end, we examine skill requirements of regional employers potentially leading to an increase in economic indicators. Skills in demand were compared with predicted indicators based on a se mantic content analysis of vacancy databases in various regions of the Russian Federation. It was revealed that the list of demanded competencies depends not on a geographical aspect but on a specific profession. An analysis of the obtained data demonstrated that the growth in demand for highly qualified employees in the Russian Federation is correlated with an increase in gross value added of relevant industries. A linear correlation between gross value added per employee and the need for skilled specialists was demonstrated on the example of the transport sector. The proposed methodology can be used by educational organisations for targeted training of specialists, as well as by employers and experts for forecasting medium- and long-term socio-economic development of Russian regions.

The impact of labour productivity on wages in Bulgaria, 2000-2017

SEER ◽  
2019 ◽  
Vol 22 (2) ◽  
pp. 217-224
Author(s):  
Lyuboslav Kostov
Keyword(s):  
Econometric Model ◽  
Labour Productivity ◽  
Value Added ◽  
Decisive Role ◽  
Technological Advance ◽  
Future Research ◽  
Gross Value Added ◽  
Starting Point ◽  
The Impact ◽  
Main Factor

In the post-crisis period, the traditional relationship between labour productivity and wages has been called increasingly into question as a result of recent changes in the labour-capital ratio. There is a growing public debate on this issue, but the available literature within Bulgaria has not, up to now, examined the link directly. This article reports the findings of a new study, specifically from the starting point that labour productivity is not a main factor in the dynamics of average wages in Bulgaria in the period 2000-2017. Through an econometric model, the author concludes that the impact of gross value added in terms of the change in average wages in Bulgaria has diminished as a result of the crisis; and that the dynamics of gross value added per employee do not play a decisive role in explaining the dynamics of average wages. The author points to the significance of this finding for future research, adding also that, at a time again of technological advance, innovation is likely to be one factor which further distorts classical understanding of the interdependence of labour productivity and wages.

scholarly journals REGIONAL DIVERSIFICATION OF INVESTMENT OUTLAYS AND LABOUR PROFITABILITY IN AGRICULTURE IN POLAND

2020 ◽  
Vol XXII (4) ◽  
pp. 116-126
Author(s):  
Dariusz Kusz ◽  
Stanisław Zając ◽  
Ryszard Dziekan
Keyword(s):  
Structural Changes ◽  
Agricultural Land ◽  
Value Added ◽  
Diagnostic Features ◽  
Investment Activity ◽  
Gross Value Added ◽  
Fixed Assets ◽  
Central Statistical ◽  
Central Statistical Office ◽  
Regional Diversification

The main purpose of the study was to assess changes in labour profitability against changes in the level of investment outlays in Poland in a regional approach. Empirical material consists of statistical data from the Central Statistical Office for the years 2000-2017. The following diagnostic variables were used for the analysis: (1) characterizing the profitability of the labour factor – gross value added in agriculture per one agricultural employee; (2) characterizing the investment activity of farmers – the value of investment outlays in agriculture per one employee in agriculture, the value of investment outlays in agriculture per 1 ha of agricultural land, the value of investment outlays in agriculture in relation to the value of gross fixed assets in agriculture, the value of investment outlays in agriculture in relation to gross value added in agriculture. On the basis of a set of diagnostic features describing the investment activity of farmers, a classification of voivodships was carried out using cluster analysis using Ward’s method, and a statistical evaluation of the relationship between the investment activity of farmers and the profitability of labour was performed. There has been a significant diversification of farmers’ investment activity and labour profitability in terms of regions. It was found that the level of investment outlays is a crucial factor in the process of improving the efficiency of the use of the labour factor. A level of investments that is loo low does not allow for favourable structural changes and for modernization and restructuring of agriculture to take place.

scholarly journals Modeling the impact assessment of agricultural sector on economic development as a basis for the country’s investment potential

2019 ◽  
Vol 16 (3) ◽  
pp. 229-240
Author(s):  
Alina Bukhtiarova ◽  
Arsen Hayriyan ◽  
Victor Chentsov ◽  
Sergii Sokol
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Agricultural Sector ◽  
Negative Impact ◽  
Manufacturing Sector ◽  
Value Added ◽  
The Cost ◽  
The Impact

In the context of countries integration into the world economic space, agricultural sector is one of the priorities and strategically important sectors of the national economy. Development of instruments aimed to increase investment potential of this sector is therefore an important component of the country’s economy growth. The article proposes a science-based model of the impact of the agricultural sector on the economic development level of countries trying to move towards European integration.It was found that the employment rate (+58.4) has the largest influence on the rate of GDP change in the studied group of countries (Ukraine, Moldova, Georgia, Armenia). The impact of the gross value added of the manufacturing sector on its economic growth is positive (+44.6). The negative foreign direct investment ratio in the model (–40.3) may be due to the fact that the indicator in the studied countries is still largely influenced by the intervention of the state mechanism, significant uncertainty and risk, which is a deterrent to the overall economic development. An important result of the study was that foreign direct investment had a negative impact on economic growth in developing countries. Further development of the investment potential of a country’s agricultural sector provides for a radical acceleration of scientific and technological progress and, on this basis, a reduction in the cost of a unit of agricultural products and food and an increase in their competitiveness in the domestic and world markets.

scholarly journals The Shift-Share Method: An Instrument for Analyzing the Dynamics of Industry Structure of the Economy

2020 ◽  
Vol 87 (4) ◽  
pp. 36-47
Author(s):  
Т. Ye. Trubnik ◽  
О. К. Mazurenko
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Financial Services ◽  
Rapid Development ◽  
Value Added ◽  
Economic Activities ◽  
Gross Value Added ◽  
Regional Factors ◽  
Bank System ◽  
The Impact

The socio-economic events of the latest years and uncertainties in the vectors of development of the economic environment cause the need for robust statistical assessment. An important area of studies of the modern economy is determining the type of economic growth. The shift-share method is applied to determine the effect of the impact of national, industrial and regional factors on the dynamics of economic growth. The shares of effects (effects of the impact) caused by national economy trends, industry mix and region-specific factors are identified and analyzed. The position of economic activities in the industry mix of the Kyiv economy is analyzed and assessed by indicators of gross value added and number of employees with consideration to three components. The impact of each of them caused by the national factors, the established industry mix of the national economy and the internal competitiveness of a specific industry of the region are characterized. Factor decomposition of the change in the indicators caused by the national component, industry-specific and region-specific effects reveals that the overall growth in the gross value added by economic activity in Kyiv is to a large extent conditional on the effective industry policy and to the least extent on regional factors. However, the employment reduction in the Ukrainian capital was caused by the impact of national and industry factors, and was not compensated by the positive local effect. It is revealed that the stable flagship position is taken by financial and insurance activities, in spite of recent reforms in the bank sector with cleansing the bank system from ineffective and nontransparent entities. Kyiv remains to be the core center for concentration of financial services. The progressive growth in the construction market meets the needs of the megalopolis with its increasing population. The residents’ desire to expand the dwelling size and improve the living conditions helps improve business climate in the construction sector, increase its growth rates and share in the gross regional product (indirectly, through the gross value added).       The section “Information and telecommunications” stands steadily on the top positions. Its rapid development, as a signal of the digital economy, enables for momentary exchanges of information and services on the domestic and external market, thus creating favorable prospects.   The analysis of the composition of the problem group and the outsider group among the economic activities reveals the stable presence of manufacturing and social industries. Enterprises of the sections “Manufacturing”, “Supply of electricity, gas, steam and conditioned air”, “Supply of water, sanitation, treatment of wastes” have a stock of problems and system drawbacks; they suffer from lack of investment and innovation, they have no strong orientation on the challenges of modernity and market needs, which weakens the positions of the Ukrainian capitals’ economy as the industrial center. It is proposed to use the graphic method for illustrating the distribution of economic activities in Kyiv by quality characteristics of operation. The factors accelerating or hampering the development of economic activities in the region are determined. Recommendations on management decisions related with future operation of industries referred to as “leaders”, “regulars”, problematic industries and outsiders are given.

scholarly journals Potential of digital solutions in the conditions of sustainable economic development of industrial enterprise: concept and performance indicators

2021 ◽  
Vol 296 ◽  
pp. 06033
Author(s):  
Alla Golovina ◽  
A. Peshkova
Keyword(s):  
Economic Development ◽  
Economic Efficiency ◽  
Performance Indicators ◽  
Digital Economy ◽  
Industrial Enterprise ◽  
Efficiency Evaluation ◽  
Economic Potential ◽  
Sustainable Economic Development ◽  
And Performance ◽  
Definition Of

As a result of the study the concept of economic potential of digital solutions of the industrial enterprise is developed; the definition of sustainable economic development of the company is clarified; a new indicator of economic efficiency evaluation of the development of digital solutions potential and digital economy is proposed.

scholarly journals Analyzing the Role of Islamic Finance in Kuwait Regarding Sustainable Economic Development in COVID-19 Era

2022 ◽  
Vol 14 (2) ◽  
pp. 701
Author(s):  
Salah Alhammadi
Keyword(s):  
Economic Development ◽  
Best Practices ◽  
Management Strategies ◽  
Islamic Finance ◽  
Islamic Banking ◽  
Banking And Finance ◽  
Sustainable Economic Development ◽  
Grounded Theory Method ◽  
The Impact

The aim of the present study was first to consider the impact of COVID-19 on Kuwait’s economy. Second, it attempted to examine the role of Islamic banking and finance in achieving socioeconomic justice and attaining best practices by securing social goods. Hence, the research assessed how Islamic banking and finance can help in reconstructing the economy based on Maqasid Al-Shari’ah (higher ethical objectives) to redevelop social, economic, and environmental welfare, especially in the COVID-19 era. A theoretical approach was adopted, namely, the grounded theory method (GTM), to explore COVID-19 related solutions for achieving sustainable economic development. The findings show that Islamic banking and finance can be employed to mitigate the impact of coronavirus and can be used as an alternative financial system to support both affected people and entrepreneurs. The paper expands on previous literature discussing the role of Islamic finance in management strategies through Islamic ethical objectives, with a particular focus on Kuwait’s post-COVID-19 era. This research can help policymakers to develop mechanisms and supporting approaches for Kuwait’s economy.

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