scholarly journals SPECIAL ECONOMIC ZONES: THE IMPACT AND IMPLICATIONS ON ECONOMIC ROWTH WITH REFERENCE TO THE CHINESE MODEL

2021 ◽  
Vol 18 (32) ◽  
Author(s):  
Dražen Marjanac ◽  
Ana Marija Alfirević
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Relevant Literature ◽  
Strong Relationship ◽  
Research Problem ◽  
Special Economic Zones ◽  
Technology Innovations ◽  
Chinese Model ◽  
Economic Zones ◽  
The Impact

The subject of the research is related to the analysis of the impact of special economic zones on the economic growth of countries that have applied the aforementioned concept of economic development, with reference to the Chinese model. The research goals are to provide the scientific and expert public with an overview of the mechanism of special economic zones and the implications on targeted macroeconomic parameters. The research was conducted by analyzing the relevant literature, the method of deduction and quantification of the impact of special economic zones on economic growth. The research will provide an answer to the research problem that is sublimated in the question: Do special economic zones stimulate economic growth of the national economy and how? The results of the research will show that there is a strong relationship and a degree of determination between special economic zones and targeted macroeconomic parameters. This will confirm the basic hypothesis that special economic zones have a significant impact on sustainable and inclusive economic growth of the national economy ceteris paribus as well as the access to high technology, innovations and know-how.

scholarly journals KAWASAN EKONOMI KHUSUS DAN PEMBANGUNAN EKONOMI REGIONAL: SEBUAH STUDI LITERATUR

2020 ◽  
Vol 1 (2) ◽  
pp. 40-54
Author(s):  
Nurafni Irma Suryani ◽  
Ratu Eva Febriani
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regional Economy ◽  
Positive Impact ◽  
Special Economic Zones ◽  
Literature Study ◽  
Economic Growth Rate ◽  
Economic Zones ◽  
The Impact

Special Economic Zones are very important for the progress of an area. SEZ is able to contribute to the regional economy and increase economic development by providing direct and indirect effects. The purpose of this study is to determine the impact of special economic zones on regional economic development. The object of this study is to explore the establish SEZ in Indonesia just only refer to two SEZs namely SEI Mangke and Tanjung Lesung. This research used literature study as a method. The results show that SEZ make the regional economy is starting to move towards a better direction. The role of two SEZs observed have different impact on regional economy, SEI Mangke has a positive impact on macroeconomy indicator such as reduced unemployment, reduced poverty and an increased economic growth rate in Simalungun Regency. Otherwise, Tanjung Lesung just has a positive impact on MSMEsKeywords: Unemployment, Poverty, Economic Growth, Pengembangan UMKM, SEZ Sei Mangke, SEZ Tanjung Lesung

scholarly journals The Impact of Special Economic Zones (SEZs) on Economic Growth: Where the Absorption Capacity of Domestic Labor Stands?

ETIKONOMI ◽  
2021 ◽  
Vol 20 (2) ◽  
pp. 259-274
Author(s):  
Shujaa Waqar ◽  
Iftikhar Badshah ◽  
Marium Sara Minhas Bandeali ◽  
Saira Ahmed
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Absorption Capacity ◽  
Domestic Labor ◽  
Foreign Firms ◽  
Special Economic Zones ◽  
Data Set ◽  
Long Run ◽  
Economic Zones ◽  
The Impact

This study designs to assess and infer the effect of Special Economic Zones under China-Pakistan Economic Corridor on the economic growth of Pakistan through technological spillovers and the absorption capacity of domestic laborers. The present study develops a theoretical model and an empirical panel model to test whether the intervention of Special Economic Zones in the Asian developing countries has affected their economic growth through domestic Human Capital. For relevant results, we have employed the GMM model for the panel data set. The results indicate that the technological enhancement accumulates the economy through various other selected indicators rather than domestic labor productivity. The human capital remains inconsequent in this nexus. This condition gives us guidelines to follow pro-human capital policies to accumulate domestic human capital before the intervention from the foreign firms on our soil. Subsequently, much waited for dynamic or long-run benefits in terms of human capital can be attained rather than static effects.JEL Classification: C23, D24, J24How to Cite:Waqar, S., Badshah, I., Bandeali, M. S. M., & Ahmed, S. (2021). The Impact of Special Economic Zones (SEZs) on Economic Growth: Where the Absorption Capacity of Domestic Labor Stands?. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.19386.

scholarly journals SPECIAL ECONOMIC ZONES: NEED OF THE HOUR

2020 ◽  
pp. 1-2
Author(s):  
Bishnu Kant Jha
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Global Environment ◽  
Global Competition ◽  
Special Economic Zones ◽  
Critical Approach ◽  
Economic Growth And Development ◽  
Chinese Model ◽  
Trade Competitiveness ◽  
Economic Zones

The ever-increasing global competition compels the governments to adopt export oriented trade strategies, thereby contributing towards overall economic growth and development. The high economic growth trajectory pursued by the newly industrialized economies (NIEs), has been propelled by increase in exports. Different countries have pursued policies of developing export zones, for imparting an outward orientation to their economy. India has also established such zones with denite objectives for foreign trade development and export promotion. It is signicant to understand the concept of Special Economic Zones (SEZs), Chinese model of SEZ, its principal benets, their performance and contribution towards trade competitiveness in India. SEZ as a trade policy needs to be evaluated in the light of SEZ Act, 2006. A non-parametric critical approach has been taken to study the SEZ policy in reference to its performance, limitations and challenges to perform in a highly competitive global environment.

scholarly journals The Impact of Turning Jordan into an Economic Free Zone on the Flow of Foreign Investments

2018 ◽  
Vol 13 (12) ◽  
pp. 61
Author(s):  
Ahmad Y. Areiqat ◽  
Hanan Ibrahim
Keyword(s):  
Economic Growth ◽  
Civil Wars ◽  
Social Life ◽  
Positive Impact ◽  
Relevant Literature ◽  
Foreign Investments ◽  
Investment Environment ◽  
Free Zone ◽  
Governmental Institutions ◽  
The Impact

Purpose: The purpose of this study is to show that turning Jordan into an economic free zone will lead to a significant increase in foreign investments. This increase, in turn, will lead to an economic growth and to a reduction in the unemployment rate. Jordan is a developing country and any successful investments in the economy sector will have a positive impact on the quality of the social life of its people. This is particularly important now in view of the economic pressure that Jordan is going through as a result of the presence of a huge number of immigrants who have fled the civil wars in neighboring countries.  Methodology: This study has utilized the relevant literature by way of evaluating the benefits of establishing economic free zones in Jordan. Many of the findings are based on analyzing statistical information published by governmental institutions in Jordan. Findings: Jordan offers an attractive investment environment due to the security and stability it enjoys compared with other countries in the Arab region. As such, it has succeeded in establishing new economic free zones through partnership with foreign investors. This has led to a significant increase in the flow of more foreign investments in Jordan. The present study shows that turning the whole of Jordan into an economic free zone will lead to yet a further increase of foreign investments, and hence to more empowerment of the economic sector. Limitations:  The quantitative data available is limited to the years 1999-2007. Value: The findings of this study can be a point of departure for researchers and economic decision-makers in Jordan to prepare economic plans with the purpose of attracting foreign investments and hence promoting economic growth in the country.

Breakthrough Technologies: New Directions in Economic and Social Development

2021 ◽  
Vol 26 (11) ◽  
pp. 1227-1235
Author(s):  
V. D. Ardzinov ◽  
N. V. Chepachenko ◽  
A. A. Leont’ev
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Growth And Development ◽  
Industrial Revolution ◽  
New Technologies ◽  
Technological Development ◽  
Managerial Decision ◽  
Russian Economy ◽  
The Impact

The presented study examines the comparative characteristics of industrial revolution targets, national goals, and strategic objectives for the development of the Russian economy; proposes methods for measuring and evaluating technological development; describes its impact on economic growth and shows the performance of enterprises.Aim. The study aims to determine the specific features of formation of economic and social development targets and the potential of new technologies, including breakthrough technologies, for shaping the technological development of the Russian economy; to propose methods for measuring and evaluating technological development and its impact on the growth and development of the national economy that would improve the quality of economic and managerial decision-making.Tasks. The authors clarify the interpretation of the concept of breakthrough technologies; identify distinctive features in the formation of industrial revolution targets and priority targets for the development of the Russian economy; substantiate methodological approaches to identifying parameters and indicators, methods for measuring and evaluating the level of technological development, its impact on the results of changes in economic growth and development of the national economy and its economic entities.Methods. The authors use the methods of scientific research, theoretical and comparative analysis, synthesis, generalization, general theory of economic growth, and elements of the economic efficiency theory.Results. The interpretation of breakthrough technologies as dominant new technologies that can ensure accelerated progressive development of the economy and minimize damage to the natural environment is clarified. The distinctive features of formation of industrial revolution targets and their relationship with the targets for the development of the Russian economy are identified. Evaluative features are substantiated; indicators for measuring and evaluating the transformation of the technological development of enterprises engaged in different activities and indicators for measuring and evaluating the impact of new technologies, including breakthrough technologies, on economic growth and development are proposed. The influence of the recommended measurement and evaluation methods on improving the quality of management decisions is shown.Conclusions. The study substantiates the need to improve methods for assessing the actual achieved (projected, planned) level of technological development as a necessary prerequisite for its qualitative analysis, evaluation, control, and monitoring required to make sound economic and managerial decisions. The proposed methods for measuring and evaluating technological development, measuring and evaluating the impact of new technologies, including breakthrough technologies, on the quality of economic growth, efficiency and competitiveness of the national economy (region, industry, activity, enterprises) improve the quality of managerial decision-making in achieving national goals for the development of the national economy.

scholarly journals Assessment of the influence of FDI on the economic growth of the host country: evidence from Kazakhstan

2020 ◽  
Vol 159 ◽  
pp. 06007
Author(s):  
Dinara Rakhmatullayeva ◽  
Iliyas Kuliyev ◽  
Zhaksylyk Beisenbaiyev ◽  
Talgat Tabeyev
Keyword(s):  
Economic Growth ◽  
Regression Model ◽  
Host Country ◽  
National Economy ◽  
Positive Relationship ◽  
Negative Impact ◽  
Multiple Regression Model ◽  
Fdi Inflows ◽  
Simulation Results ◽  
The Impact

The article examines the impact of FDI inflows on the economic growth of the host country, using the Kazakhstan economy as an example. The authors attempted to assess the impact of FDI using a multiple regression model. As a measure of economic growth, Kazakhstan’s GDP data for the period 2000-2017 was used. The simulation results didn’t reveal the negative impact of FDI on economic growth, but the analysis revealed that the presence of a positive relationship is not essential for assessing the growth of the national economy.

scholarly journals ANALISIS DAMPAK FASILITAS PEMBIAYAAN DENGAN PRODUK “QARDHUL HASAN UMKM” TERHADAP PENINGKATAN PENDAPATAN USAHA UMKM BINAAN EL-ZAWA UIN MALIKI MALANG

IQTISHODUNA ◽  
2017 ◽  
Vol 13 (1) ◽  
pp. 36-42
Author(s):  
Muhammad Nurul Hamdi ◽  
Latifah Safitri Handayani ◽  
Evi Nurjanah
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Labour Force ◽  
Economic Recovery ◽  
National Economic ◽  
History Of ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Impact

Abstract: Nowadays, stretching the entrepreneurial communitiy is quite dominate in Indonesia. Evident fromhis contributions in the history of the national economy are quite significant in 1998, Small Medium Enterprisescan be seen as the saviour of the valve in the process of national economic recovery, both in pushing the paceof economic growth as well as the absorption of labour. Based on the data of the Ministry of cooperatives andSMEs in 2012, Small Medium Enterprises sector is the sector with the largest economy with a national economicprosentasi the involvement of the offender of 99.99%. The sector absorbs the 97.15% of the labour force inIndonesia, and contributing to GDP on the basis of the applicable rates of 6.23%.The purpose of this study isto examine, test, and evaluate the impact of financing facility with the products’ qardhul hasan small mediumenterprises’ increased revenues against the small medium enterprises assisted el-Zawa Uin Maliki Malang.The population of this research are all Small Medium Enterprises that constitute the built el-Zawa at onceusing a financing facility with dana Qardh al-Hasan is 84. 30 of Small Medium Enterprises such as researchsamples.The results show that Qardhul Hasan SMEC products can increase the income of clients. In addition,the performance of the services provided by the customer is reasonably satisfied by the clients.

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.

Sign in / Sign up

Export Citation Format

Share Document