scholarly journals Investment environment and development policy of enterprises in Serbia

2021 ◽  
Vol 9 (2) ◽  
pp. 1-7
Author(s):  
Dušan Aničić ◽  
Olgica Nestorović ◽  
Danijela Anđelković
Keyword(s):  
Economic Growth ◽  
Business Performance ◽  
Developed Countries ◽  
Negative Effects ◽  
Investment Environment ◽  
Public Investments ◽  
Domestic Savings ◽  
Environment And Development ◽  
Positive Effect

Despite significant growth rates of over 4% in 2018 and 2019, the Serbian economy still lags far behind developed countries in terms of productivity, competitiveness and other business performance indicators. In the future, the main drivers of economic growth must be investments and exports, and consumption must grow more slowly relative to GDP. Opportunities for increasing GDP exist, and one of them is the increase of public investments that have a positive effect on the growth of the rest of the economy. Empirical research has shown that countries that have higher domestic savings have higher investments and faster economic growth. Also, the development of the country must not be based only on the growth of FDI, because, in addition to the positive ones, they also have great negative effects on the growth and long-term sustainable development of the domestic economy.

PENGARUH INFRASTRUKTUR SECARA SPASIAL TERHADAP KONVERGENSI PERTUMBUHAN EKONOMI DI INDONESIA

INFO ARTHA ◽  
2017 ◽  
Vol 1 ◽  
pp. 17-28
Author(s):  
Anisa Fahmi
Keyword(s):  
Economic Growth ◽  
Regional Economics ◽  
Developed Countries ◽  
Road Infrastructure ◽  
Long Run ◽  
Catch Up ◽  
The Developed Countries ◽  
Positive Effect ◽  
Neoclassical Growth Theory

Motivated by inter-regional disparities condition that occurs persistently, this study examines the Indonesian economy in the long run in order to know whether it tends to converge or diverge. This convergence is based on the Solow Neoclassical growth theory assuming the existence of diminishing returns to capital so that when the developed countries reach steady state conditions, developing countries will continuously grow up to 'catch-up' with developed countries. Based on regional economics perspective, each region can not be treated as a stand-alone unit,therefore, this study also focuses on the influence of spatial dependency and infrastructure. Economical and political situations of a region will influence policy in that region which will also have an impact to the neighboring regions. The estimation results of spatial cross-regressive model using fixed effect method consistently confirmed that the Indonesian economy in the long term will likely converge with a speed of 8.08 percent per year. Other findings are road infrastructure has a positive effect on economic growth and investment and road infrastructure are spatially showed a positive effect on economic growth. In other words, the investment and infrastructure of a region does not only affect the economic growth of that region but also to the economy of the contiguous regions. 

scholarly journals Pengaruh Infrastruktur dan Keterkaitan Spasial Terhadap Konvergensi Beta di Indonesia

2016 ◽  
Vol 13 (1) ◽  
pp. 87
Author(s):  
Anisa Fahmi
Keyword(s):  
Economic Growth ◽  
Regional Economics ◽  
Developed Countries ◽  
Continuous Growth ◽  
Road Infrastructure ◽  
Long Run ◽  
Catch Up ◽  
The Developed Countries ◽  
Positive Effect

Motivated inter-regional disparities condition that occurs persistently, this thesis examines the Indonesian economy in the long run, whether it will tend to converge or diverge. This convergence is based on the Solow Neoclassical growth theory which assumes the existence of diminishing returns to capital so that when the developed countries reach steady state conditions, developing countries will continuous growth up to ‘catch-up‘ with developed countries. This thesis also focuses on the influence of spatial dependency and infrastructure since regional economics perspective, each region can not be treated as a stand-alone unit. Economical and political situation of a region will influence policy in that region which will also have an impact to the neighboring regions. The estimation results of  spatial cross-regressive model using fixed effect method consistently confirmed that the Indonesian economy in the long term will likely converge with a speed of 8.08 percent per year. Other finding is, road infrastructure has a positive effect on economic growth and investment  and road infrastructure are spatially showed a positive effect on economic growth. In other words, the investment and the infrastructure of a region not only affect the economic growth of that region but also to the economy of the contiguous region.

Environmental Safety and Health Issues Relating to Hazardous Wastes Generated by Chemical Industries

2013 ◽  
Vol 448-453 ◽  
pp. 209-212
Author(s):  
Bo Tuo Jiang ◽  
Yan Qiang Jia ◽  
Xiao Long Xing ◽  
Xu Zhang
Keyword(s):  
Safety Management ◽  
Developed Countries ◽  
Environmental Safety ◽  
Health Issues ◽  
Negative Effects ◽  
Chemical Safety ◽  
Safety And Health ◽  
Increase Food Production ◽  
Property Loss

The importance of chemical products in todays society is known, which can increase food production, improve the quality of life and extend the lifespan. However, their dangers are also obvious. In addition, a large number of chemical accidents, that produce chemicals, continue to take place in the chemical industries in spite of the great improvement in the safety management standard of worldwide chemical industries. Such accidents are taking place not only in the developing countries, but also in developed countries, which result in a lot of property loss, death and serious environmental issues with long term negative effects. Therefore, how to live with these substances and how to handle, use and dispose them safely have attracted much attention because chemical safety and risk management of chemicals have formed an international challenge.

scholarly journals Government Stimulus Policy Effects to Foster Indonesia's Economic Growth: Evidence from Seventeen Years' Experience

2021 ◽  
Vol 10 (1) ◽  
pp. 63-76
Author(s):  
Agus Sriyanto ◽  
Sri Murwani ◽  
Eleonora Sofilda
Keyword(s):  
Economic Growth ◽  
Government Spending ◽  
Government Expenditure ◽  
Government Debt ◽  
Influential Factor ◽  
Bounds Testing ◽  
Policy Effects ◽  
Stimulus Effects ◽  
Positive Effect

We study the budget stimulus effects and government spending to help foster the recovery of Indonesia's current economic growth that was hit by the monetary crisis 1997 and 2008. Using government spending allocation policies through capital expenditures, infrastructure expenditures, financing through government debt, private debts, and increased productivity through export and import activities. This research provides to proves the extent to which macroeconomic variables could promote Indonesia's economic growth due to the crisis—using quantitative analysis of time series in the analysis of cointegration autoregressive distribution lag and bounds testing cointegration starting from 2001 Q4 to 2018q4 data. We can prove that in the short term, the most influential factor in economic growth is the first lag of the GDP growth itself; The first lag of exports, and the first lag of government spending and imports. However, some factors still negatively affect corruption control, government effectiveness, and government debt. While in the long term, government expenditure and imports still have a positive effect, but corruption control is still hurt GDP.JEL Classification: G18, O47How to Cite:Sriyanto, A., Murwani, S., & Sofilda, E. (2021). Government Stimulus Policy Effects to Foster Indonesia's Economic Growth: Evidence from Seventeen Years' Experience. Signifikan: Jurnal Ilmu Ekonomi, 10(1), 63-76. https://doi.org/10.15408/sjie.v10i1.15480.

Global Trends in Domestic savings and Longevity- Implications for India

2021 ◽  
pp. 111-118
Author(s):  
Thilak Venkatesan ◽  
Venkataraman R
Keyword(s):  
Economic Growth ◽  
Developed Countries ◽  
The Other ◽  
Demographic Dividend ◽  
Policy Action ◽  
Global Trends ◽  
Domestic Savings ◽  
The Developed Countries ◽  
Developed Nations ◽  
The Relationship

Demographic dividend and the lowest median age among the earning population propels consumption and growth in India. Among the emerging economies, China had the leverage for growth through exports until 2008. India benefited by demographic dividend and this translates to providing income and thereby increases savings. On the other hand, the developed countries are experiencing problems of an aging economy, a deflationary scenario, and a pension burden. India, with its major workforce in the unorganized and private sector, needs to recognize the need for forward-looking policies that stimulate savings for a better lifestyle post-retirement. The study was focussed on the relationship between longevity (life expectancy), and domestic savings. The research observed divergence between the developed nations and India. A more futuristic policy action is suggested to motivate savings as the increase in population and higher levels of economic growth can be achieved with more domestic savings.

scholarly journals Coronavirus Effects on the Economy of Jordan

2020 ◽  
Vol 11 (5) ◽  
pp. 129
Author(s):  
Khaled Abdalla Moh'd AL-Tamimi
Keyword(s):  
Economic Growth ◽  
Health Service ◽  
Empirical Literature ◽  
Negative Effects ◽  
Economic Sectors ◽  
Significance Level ◽  
Quarterly Data ◽  
Explanatory Variables ◽  
Positive Effect

This paper reports the effects of coronavirus on Jordan's economic growth by using quarterly data for the period (2018/2019 Q1 – 2019/2020 Q4), where the numbers of people who are sick with coronavirus and those that have died from the virus are explanatory variables, and economic growth is an affected variable. The research concentrates on analyzing reviews of theoretical and empirical literature to show the effect of coronavirus on economic growth and explaining this effect in Jordan in this period by using the ARDL technique in Eviews. By using quarterly data for (2018/2019 Q1 – 2019/2020 Q4) at a significance level of 5%, this research demonstrates that the numbers of people who are ill with coronavirus and those that have died from the virus have a weak positive effect and a negative but significant effect on the economic growth of Jordan, respectively. The research also shows a recommendation of limiting the negative effects of coronavirus by reducing the number of deaths via strengthening the health service and opening some economic sectors to boost economic growth in the country.

scholarly journals The relationship between renewable energy and sustainable development in Indonesia

2021 ◽  
Vol 922 (1) ◽  
pp. 012034
Author(s):  
G Syamni ◽  
Wardhiah ◽  
Zulkifli ◽  
M J A Siregar ◽  
Y A Sitepu
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Secondary Data ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Short And Long Term ◽  
The Relationship ◽  
Positive Effect

Abstract This paper is conducted to examine the relationship between the use of renewable energy and FDI in Indonesia. The data used in this study is secondary data that has been published by the World Bank and accessed in www.Data.worldbank.org. periode 2004-2019. The data analysis method used is the autoregressive distributed lag (ARDL) method. The results of the study found that the use of renewable energy in the short and long term has a positive effect on Indonesia’s economic growth. Meanwhile, the same thing is also shown from the FDI variable in the short term and long term which has a significant positive effect on economic growth and has a positive effect on economic growth. Finally, with this finding, it is concluded that both the short and long term the Indonesian government needs to make a breakthrough to explore renewable energy sources for economic growth.

scholarly journals ANALISIS KAUSALITAS EKSPOR NON MIGAS DENGAN PERTUMBUHAN EKONOMI MENGGUNAKAN METODE FINAL PREDICTION ERROR

2017 ◽  
Vol 4 (2) ◽  
pp. 147
Author(s):  
Maulidyah Indira Hasmarini ◽  
Dwi Murtiningsih
Keyword(s):  
Economic Growth ◽  
Prediction Error ◽  
Error Prediction ◽  
Causality Analysis ◽  
Final Prediction Error ◽  
Starting Point ◽  
Final Error ◽  
Positive Effect ◽  
Growth Hypothesis

This research titled "Causality analysis non petrol export with economic growth using final error prediction methods". Goal which needs to find the answer in this research is to know that non petrol export variable affecting to economic growth variable and economic growth variable affecting non petrol export variable. And also to know final prediction error with existence of long term equilibrium between non petrol export with economic growth. Hypothesis proposed is non petrol export having positive effect to economic growth and economic growth have positive effect to non petrol export. Final error prediction with existence of relation between long term equilibrium and non petrol export and economic growth have positive effect, and final error prediction with existence of relation between long term equilibrium with economic growth and non petrol export have positive effect.Based on analysis there's only one direction causality relation between economic growth and non petrol export. From facts above can be concluded that economic growth will bring creation process and expanding strong domestic market because export is not a starting point or initial destination of economic growth but export only a economic growth process

scholarly journals PENGARUH VARIABEL MAKRO EKONOMI TERHADAP PERTUMBUHAN EKONOMI INDONESIA TAHUN 2015-2019

2021 ◽  
Vol 2 (2) ◽  
pp. 88-99
Author(s):  
Feby Kinanda
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Unemployment Rate ◽  
Trade Balance ◽  
Inflation Rate ◽  
Short Term ◽  
Negative Effect ◽  
The Exchange Rate ◽  
Positive Effect

This study aims to analyze the effect of macroeconomic variables including the open unemployment rate, trade balance, inflation rate and the rupiah exchange rate against the dollar on Indonesian economic growth by using the ECM error correction model approach to see the long-term and short-term relationships that influence macro variables on economic growth. , in the long term the open unemployment rate variable, the trade balance, the inflation rate have a negative effect while the exchange rate has a positive effect, while in the short term the open unemployment rate, the inflation rate and the exchange rate have a negative effect while the trade balance has a positive effect.   Keywords: Economic Growth, Open Unemployment Rate, Trade Balance, Inflation, Exchange Rate

scholarly journals Export Earnings, Capital Instability and Economic Growth in South Asia

2003 ◽  
Vol 8 (1) ◽  
pp. 65-89
Author(s):  
Muhammad Aslam Chaudhary ◽  
Amjad Naveed
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Foreign Capital ◽  
Developed Countries ◽  
Export Diversification ◽  
Asian Countries ◽  
The Impact ◽  
The Relationship

During the last two decades the role of international trade and flow of foreign capital have received considerable attention in the literature. Various studies have examined the impact of export instability and capital instability on economic growth in less developed countries.1 Empirical evidence supports the hypothesis of a deleterious impact of export instability on economic growth. However, some studies also indicated that the relationship was unstable but positive with economic growth.2 Yet there are no systematic empirical investigations into the implied links between export diversification and long-term economic growth, particularly in the case of South Asian countries. The major concern regarding export instability is that it retards economic growth.

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