THE ROLE OF LABOUR IN CONTEMPORARY TRENDS OF ECONOMIC GROWTH

2020 ◽  
Vol 16 (1 (ang)) ◽  
pp. 2-7
Author(s):  
Leszek Kucharski ◽  
Eugeniusz Kwiatkowski
Keyword(s):  
Economic Growth ◽  
Employment Growth ◽  
European Union Country ◽  
Gdp Growth ◽  
The European Union ◽  
Economic Growth Rate ◽  
Growth Limits ◽  
The Relationship ◽  
The Eu

The objective of this paper is to show the relationship between the size of such factor as workforce and economic growth rate in the 21st century, and, in particular, to determine the contribution of this factor to the economic growth. The empirical basis for the research represents statistics for Poland and the European Union country categories for the 2000–2019 period. The research shows that shares of employment growth rates in GDP growth (the so-called employment absorption rates) are much lower in Poland than in the Eurozone, EU-15 and EU-27 categories. The estimates of the jobless economic growth limits indicate that in Poland in the 2000–2019 period they were much lower than before, and were at a much higher level than in the Eurozone, the EU-15 and EU-27 categories.

THE ROLE OF LABOUR IN CONTEMPORARY TRENDS OF ECONOMIC GROWTH

2020 ◽  
Vol 560-561 (11-12) ◽  
pp. 2-7
Author(s):  
Leszek Kucharski ◽  
Eugeniusz Kwiatkowski
Keyword(s):  
Economic Growth ◽  
Statistical Data ◽  
Employment Growth ◽  
Gdp Growth ◽  
Empirical Basis ◽  
Eu Countries ◽  
Jobless Growth ◽  
The Eu

The purpose of the paper is to show relationships between the stock of labour and economic growth in the XXI. century, and especially to show the shares of this factor in economic growth. The empirical basis of the research is based on the statistical data for Poland and groups of the EU countries in the years 2000–2019. The research indicates the indicators of the shares of employment growth in GDP growth (the so-called absorption indicators) are in Poland much lower than in the country groups of the Eurozone, EU 15 and EU 27. Estimations of the limits of jobless growth indicate they are in Poland much lower in the years 2000–2019 than earlier, and moreover their levels are in Poland much higher than in the mentioned country groups.

14. Interest Groups and the European Union

2019 ◽  
pp. 201-218
Author(s):  
Rainer Eising
Keyword(s):  
European Union ◽  
Interest Groups ◽  
Interest Group ◽  
The European Union ◽  
Group System ◽  
The Difference ◽  
Group Structures ◽  
The Relationship ◽  
The Eu

This chapter examines the role of interest groups in European Union (EU) politics. It also considers the way in which the EU institutions influence interest group structures and activities. The chapter begins with an overview of the relationship between the EU institutions and interest groups and examines the steps taken thus far to regulate that relationship. It then looks at the evolution and the structure of the interest group system, focusing in particular on two salient aspects: the difference between national and EU organizations; and the difference between specific and diffuse interests.

scholarly journals The human capital rationale behind the economic growth of the European Union countries: application of the advanced methods to enhance an efficiency of national human capital stocks

2019 ◽  
Vol 27 (1) ◽  
pp. 35-48
Author(s):  
Iuliia A. Stabinskaite
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Human Capital ◽  
Economic Development ◽  
Theoretical Models ◽  
The European Union ◽  
National Human ◽  
Dimensional Assessment ◽  
The Relationship ◽  
The Eu

Human capital is an important factor of economic growth, as has been underlined by recent theoretical models. The main goal of this article is to elucidate the relationship between human capital and dynamics of economic growth in the European Union (EU). For the purposes of this article human capital is defined as knowledge, skills as well as other individual factors which lead to higher productivity. Therefore, the greatest attention is focused on the multi-dimensional assessment of human capital in the processes of economic development of the European countries. A detailed evaluation of human capital in the EU is represented at interregional and international levels. Furthermore, author suggests a guidance for designing and planning strategies aimed at sustainable economic development by using the model predictive control algorithms.

scholarly journals The Road Not Taken – the CJEU Sheds Light on the Role of Fundamental Rights in the European Copyright Framework – a Case Note on the Pelham, Spiegel Online and Funke Medien Decisions

2019 ◽  
Vol 50 (9) ◽  
pp. 1176-1190 ◽  
Author(s):  
Thom Snijders ◽  
Stijn van Deursen
Keyword(s):  
Great Majority ◽  
Fundamental Rights ◽  
The European Union ◽  
The Road ◽  
Eu Member States ◽  
European Court ◽  
Exceptions And Limitations ◽  
The Relationship ◽  
The Eu

Abstract On 29 July 2019, the Court of Justice of the European Union delivered its judgments in three eagerly awaited cases, Pelham, Spiegel Online and Funke Medien, which all relate to the relationship between copyright and (other) fundamental rights. Specifically, an issue arising in these cases is whether the EU copyright acquis allows for fundamental rights to be invoked as an autonomous ground for limiting a copyright, outside of the mechanisms incorporated in the Copyright Directive for that purpose. In its judgments, the Court rejects this possibility and instead locates the role for fundamental rights in the interpretation and implementation of the exceptions and limitations of the Directive. We argue that – while this may render satisfactory results in the great majority of cases – in exceptional cases the CJEU’s approach towards balancing copyrights and fundamental rights could be at odds with the approach of the European Court of Human Rights, which might reduce the legal certainty sought after by the CJEU. Lastly, we consider the implications of that potential tension for the judicial authorities and other actors within the domestic legal orders of the EU Member States.

scholarly journals Economic growth and real exchange rate misalignments in the European Union

2020 ◽  
Vol 70 (3) ◽  
pp. 297-332
Author(s):  
Judit Krekó ◽  
Gábor Oblath
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Exchange Rate ◽  
Real Exchange Rate ◽  
Price Level ◽  
Policy Implications ◽  
Relative Price ◽  
The European Union ◽  
The Relationship ◽  
The Eu

AbstractWe investigate the relationship between economic growth and real exchange rate (RER) misalignments within the European Union (EU) during the period of 1995–2016. In addition to the relative price level of GDP, we quantify an alternative indicator for the RER: the internal relative price of services to goods. We interpret RER misalignments as deviations from the levels consistent with the levels of economic development among the EU countries. Using pooled OLS and dynamic panel techniques, we find that within the EU over- (under-) valuations are associated with lower (higher) growth. This is mainly due to developments in the countries operating under the fixed exchange rate regimes. Our results indicate that the level of development does not influence the strength of the growth-misalignment relationship within the EU. Regarding the price level of GDP, we find that the positive relationship between undervaluation and growth diminishes with the degree of undervaluation. We find that overvaluation has a statistically significant negative effect on export market shares and private investments, indicating that both the competitiveness and the investment channels play a role in the relationship between growth and RER misalignments. As an extension, we show that the effects of “wage misalignments” from levels consistent with productivity are also negatively related to economic growth. The policy implications of the analysis point to the importance of a growth strategy avoiding overvaluation on the one hand, and to the futility of aiming at excessive undervaluation, on the other.

scholarly journals Analysis of the integrated reporting use in EU countries

2020 ◽  
Vol 18 (3) ◽  
pp. 106-117
Author(s):  
Magdalena Bochenek
Keyword(s):  
Critical Analysis ◽  
Statistical Technique ◽  
Financial Information ◽  
The European Union ◽  
Integrated Reporting ◽  
Eu Countries ◽  
Corporate Reporting ◽  
The Relationship ◽  
The Eu

Integrated reporting (IR) is an important element in the development of corporate reporting in the European Union (EU). It turns out that stakeholders need not only financial but also non-financial information about the company. Due to changes in the environment, the role of CSR is growing. Enterprises undertake more and more pro-social and pro-environmental activities. European countries and organizations introduce regulations and recommendations that are to improve and standardize IR. The article aims to present IR within the EU and analyze the relationship between the number of reports prepared and the welfare of individual countries. Research methods used in the article are study by action, statistical technique, and critical analysis of literature. The development of IR in the EU is briefly described. It was also analyzed whether there is a correlation between the popularity of IR in a country and its wealth. A high correlation was found between the wealth of a given country and the number of integrated reports prepared. The wealthier the country, the more integrated reports are made there. There is a big difference in the popularity of IR between the EU countries which joined the EU before 2004 and those in the EU from 2004 or later. More than 200 integrated reports are prepared in the countries that joined the EU before 2004 than in the countries that joined the EU in 2004 or later. Although the popularity of IR is growing steadily, there are still a few EU countries where integrated reports are hardly ever present.

scholarly journals Shift in tax burden and its impact on economic growth in the European Union

2013 ◽  
Vol 61 (4) ◽  
pp. 1153-1160 ◽  
Author(s):  
Irena Szarowská
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Gdp Growth ◽  
Annual Data ◽  
Tax Burden ◽  
The European Union ◽  
Causality Test ◽  
Tax Rate ◽  
Eu Member States ◽  
The Eu

This article deals with a tax burden in the European Union in as financial and economic crisis has impacted also on tax systems in the European Union. Governments’ tax measure aims to consolidate public finance and promote an economic growth. The article provides empirical evidence on a shift in a tax burden and its structure and analyzes the effects of shift in tax burden on economic growth in the EU. It is used the Eurostat definition to categorize tax burden by economic functions and implicit rates of consumption, labour and capital are investigated. The analysis is based on annual data of the EU member states in a period 1995–2010. On average, labour taxes have decreased by 1.9 p.p., capital taxes have also decreased – by 2.1 p.p., but consumption taxes have mildly increased by 0.4 p.p. in the European Union in a period 1995–2010. Pairwise Granger Causality Test was used for examining relations between economic growth and tax burden by economic functions in short-term. Results confirm that there is two-way causality between change of implicit tax rate of consumption and GDP growth; and also GDP growth Granger-causes change of implicit tax rate of capital and implicit tax rate of labour through one-way causality.

scholarly journals The Impact of Economic Growth on Gender Specific Unemployment in the EU

2015 ◽  
Vol 62 (3) ◽  
pp. 383-390 ◽  
Author(s):  
Zuzana Brincikova ◽  
Lubomir Darmo
Keyword(s):  
Economic Growth ◽  
Economic Performance ◽  
Gdp Growth ◽  
Unemployment Rates ◽  
And Gender ◽  
The Impact ◽  
The Relationship ◽  
Gender Specific ◽  
Higher Sensitivity ◽  
The Eu

Abstract The relationship between unemployment and economic growth is known as Okun´s Law. Okun´s Law is used to estimate the reaction of unemployment rate on change in GDP growth. The purpose of this paper is therefore to examine the possibly asymmetric relationship between changes in output and gender specific unemployment rates by estimating Okun´s coefficients for all countries of the EU, as well as for selected groups of the EU countries. These groups include countries with similar characteristics that differ from other groups and represent the diversity among the EU. The results confirm that male unemployment is more sensitive to changes in GDP than the unemployment of females. Furthermore, findings differ on the country´s specifics with higher sensitivity in countries with lower economic performance.

1. The European Union and its Member States: An Overview

2012 ◽  
Author(s):  
Simon Bulmer ◽  
Christian Lequesne
Keyword(s):  
European Union ◽  
Member State ◽  
Domestic Politics ◽  
The European Union ◽  
Member States ◽  
The Relationship ◽  
The Eu

This chapter provides an overview of the European Union and its member states. It first explains why the member states matter in the EU before discussing the role of member states in the EU, with particular emphasis on three approaches to understanding member state-EU relations: intergovernmentalism, institutionalism, and governance approaches. It then examines the Europeanization of the member states as well as the domestic politics approach, which claims that it is impossible to understand the EU without considering domestic politics. It concludes by presenting the logic and structure of this volume: how the relationship between the EU and its member states will be portrayed in the chapters that follow.

scholarly journals A Johansen Cointegration Test for the Relationship between Remittances and Economic Growth of Japan

2017 ◽  
Vol 11 (10) ◽  
pp. 137 ◽  
Author(s):  
Suwastika Naidu ◽  
Atishwar Pandaram ◽  
Anand Chand
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Migrant Workers ◽  
Developed Countries ◽  
Gdp Growth ◽  
Data Set ◽  
Economic Growth Rate ◽  
Gdp Growth Rate ◽  
The Impact ◽  
The Relationship

Remittance inflows have been a key stimulus to economic growth of many developing countries. There is scant literature available on the impact of remittance inflows and outflows on the economic growth of the large developed countries. For instance, there is little literature on the impact of remittance inflows and outflows on the economic growth rate of Japan. Hence this research objective of this paper is to investigate the relationship between ‘remittance inflows’ and ‘outflows’ on the ‘economic growth rate’ of Japan. The paper by utilizing the World Bank data set and the econometric model namely the Granger Causality Model to test and analysis the impact of remittance inflows and outflows on the economic growth rate of Japan. The findings show that in the long run, a 1% increase in remittance outflows will decrease GDP growth rate by 0.000793%. In the short run, a 1% increase in remittance outflows and inflows will decrease GDP growth rate by 0.000599% and 0.000327% respectively. The Japanese government should encourage retired Japanese workers to return to the labour market and effectively contribute to the workforce and retired workers can be re-trained so that less foreign migrant workers are needed and this will reduce remittance outflow. 

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