scholarly journals The Impact of Government Policy and Transition Reforms on Economic Growth – The Case of Kosovo

2015 ◽  
Author(s):  
Myrvete Badivuku-Pantina ◽  
Jeton Zogjani
Keyword(s):  
Economic Growth ◽  
Government Policy ◽  
The Impact

scholarly journals Environmental Impact of Economic Growth and Fuel Subsidy in Nigeria

2021 ◽  
Vol 2021 (1) ◽  
pp. 21-30
Author(s):  
Olawunmi Omitogun ◽  
Adedayo Emmanuel Longe ◽  
Shehu Muhammad ◽  
Idowu Jacob Adekomi
Keyword(s):  
Economic Growth ◽  
Government Policy ◽  
Carbon Emission ◽  
Correction Model ◽  
Independent Variables ◽  
Distributed Lag ◽  
Long Run ◽  
Short Run ◽  
Auto Regressive ◽  
The Impact

The study investigates the impact of economic growth and fuel subsidy on the environment of Nigeria from the year 1985-2018. We used Auto-regressive Distributed Lag (ARDL) to analyse the data employed in this study. From our findings, it was revealed that output per head had a positive and significant impact on carbon emission both in the long-run and short-run, while subsidy which explains government policy also had a negative and significant impact on carbon emission both in the short-run and long-run. The Error Correction Model (ECM) showed that 96% of shocks in the response variable are corrected in the long-run by the independent variables. It was concluded that increasing output in the economy increases the amount of carbon emission in the economy while removal of fuel subsidy reduces the amount of carbon emission in the economy. Therefore, effective policies should be implemented towards reducing carbon emission without hampering the growth of the economy.

scholarly journals Understanding review of economic loss due to government policy respond to the COVID-19 disruption in Indonesia

2021 ◽  
Vol 4 (1) ◽  
pp. 180-188
Author(s):  
Muhammad Sholahuddin ◽  
Sardjana Orba Manullang ◽  
Dyana Sari
Keyword(s):  
Economic Growth ◽  
Consumer Behavior ◽  
Government Policy ◽  
National Economy ◽  
Economic Impacts ◽  
Economic Loss ◽  
Government Policies ◽  
Economic Sectors ◽  
Research Questions ◽  
The Impact

The emergence of the Coronavirus (COVID-19) pandemic followed by its aftermath has left a disaster for various lives and business activities. The impact of COVID-19 on the economy is a consequence of the national policies of each country in reducing the number of suspected victims of the COVID-19 pandemic. This paper aimed to understand the scenario of economic disruption in Indonesia due to a pandemic, which includes various economic sectors, including the weakening of the money cycle, increasing unemployment, supply of goods, changes in consumer behavior, scarcity, economic growth, and policies, stability. In collecting data, this study first mapped the theoretical impact of the national economy from the emergence of a pandemic. Next, we reviewed other evidence relevant to mapping to understand the causes and how economic impacts occur. Finally, we get an understanding of how economic disruption is, the impact of COVID-19 and an explanation of the disruption caused by government policies to combat the spread of COVID-19. These findings are scientifically valid and reliable because they have answered research questions in accordance with the plan of this study.

scholarly journals Entrepreneurial Ecosystem, Entrepreneurial Activity and Economic Performance

2019 ◽  
Vol 1 (3) ◽  
pp. 210-220
Author(s):  
Kanza Sohail Khanani
Keyword(s):  
Economic Growth ◽  
Government Policy ◽  
National Income ◽  
Internal Market ◽  
Entrepreneurial Activity ◽  
Market Dynamics ◽  
Entrepreneurial Ecosystem ◽  
Framework Conditions ◽  
The Impact ◽  
Legal Infrastructure

In this research, we have empirically tested the impact of Entrepreneurial Framework Conditions (EFC) on entrepreneurial activity and ultimately on economic growth of a nation. In our sample all the 54 countries participating in the GEM study in 2017 are taken. 67.8% of the world’s population and 86.0% of the world’s GDP is represented by the economies included in GEM 2017. The entrepreneurial ecosystem is  captured through 12 EFCs used in the GEM model that includes: Financial environment, government policy of support and relevance, government policy of taxes and bureaucracy, government programs, entrepreneurial education at school stage and post school stage, R&D transfer, commercial and legal infrastructure, internal market dynamics, access to physical infrastructure, and social and cultural norms. The impact of these EFCs and their significance in creating entrepreneurial activity (TEA) in a nation is analyzed using OLS estimation technique with TEA as dependent variable. Secondly, the impact of entrepreneurial activity (TEA) on economic growth ( ∆GDP) is estimated using OLS regression model with control variables such as global competitiveness index (GCI) and Gross national income per capita, expressed in purchasing power parity (GNIC). The results suggest that entrepreneurship education at post school stage, entry burdens and cultural and social norms are significant framework conditions that support entrepreneurial activity, while R&D transfer, internal market dynamics and commercial and legal infrastructure hinders the process of entrepreneurship. Furthermore, TEA is significantly contributing to the economic growth of factor driven and efficiency driven economies.

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

The ‘Modernisation’ of Scotland and its Impact on Glasgow, 1955–1979: ‘Unwanted Side Effects’ and Vulnerabilities

2016 ◽  
Vol 25 (3) ◽  
pp. 294-316 ◽  
Author(s):  
Chik Collins ◽  
Ian Levitt
Keyword(s):  
Side Effects ◽  
Government Policy ◽  
Regional Policy ◽  
Excess Mortality ◽  
Policy Agenda ◽  
Policy Makers ◽  
Uk Government ◽  
1960S And 1970S ◽  
The 1960S ◽  
The Impact

This article reports findings of research into the far-reaching plan to ‘modernise’ the Scottish economy, which emerged from the mid-late 1950s and was formally adopted by government in the early 1960s. It shows the growing awareness amongst policy-makers from the mid-1960s as to the profoundly deleterious effects the implementation of the plan was having on Glasgow. By 1971 these effects were understood to be substantial with likely severe consequences for the future. Nonetheless, there was no proportionate adjustment to the regional policy which was creating these understood ‘unwanted’ outcomes, even when such was proposed by the Secretary of State for Scotland. After presenting these findings, the paper offers some consideration as to their relevance to the task of accounting for Glasgow's ‘excess mortality’. It is suggested that regional policy can be seen to have contributed to the accumulation of ‘vulnerabilities’, particularly in Glasgow but also more widely in Scotland, during the 1960s and 1970s, and that the impact of the post-1979 UK government policy agenda on these vulnerabilities is likely to have been salient in the increase in ‘excess mortality’ evident in subsequent years.

Solow economy model

2019 ◽  
pp. 150-157
Author(s):  
Oleksandr Synenko ◽  
Kateryna Yarema ◽  
Yuliia Bezsmertna
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Solow Model ◽  
Economy Model ◽  
Accelerated Depreciation ◽  
Basic Parameters ◽  
The Subject ◽  
Investment Process ◽  
The Impact ◽  
Model Algorithm

The subject of the research is the approach to the possibility of using the Solow model to perform the regression analysis on the example of the Ukrainian economy model. The purpose of writing this article is to investigate the notion of regres- sion analysis, Solow’s economy model, algorithm for performing regression analy- sis on the example of Ukraine’s economy model. This model can be adapted for the economy of enterprises. Methodology. The research methodology is system-struc- tural and comparative analyzes (to study the structure of GDP); monograph (when studying methods of regression analysis on the example of the Ukrainian economy); economic analysis (when assessing the impact of factors on Ukraine’s GDP). The scientific novelty consists the features of the use of the Solow model on the ex- ample of Ukrainian economy are determined. An algorithm for calculating the basic parameters of a model using the Excel application package is disclosed. The main recommendations on the development of the national economy and economic growth through the use of macroeconomic instruments are given. Conclusions. The use of the Solow model enables forecasting and analysis. The results obtained re- vealed the problem of low resource return of capital as a resource, along with the means of macroeconomic regulation of the investment process, using which can improve the situation. A special place in these funds belongs to the accelerated depreciation and interest rate policies.

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