scholarly journals FDI Time Series Forecasts: Evidence from Emerging Markets

2021 ◽  
Author(s):  
Marina Dobrota ◽  
Nikola Zornić ◽  
Aleksandar Marković
Keyword(s):  
Time Series ◽  
Developing Countries ◽  
Economic Development ◽  
Emerging Markets ◽  
Research Question ◽  
Southeastern Europe ◽  
Western Balkans ◽  
Future Period ◽  
Fdi Inflows ◽  
The Future

Research Question: This paper investigates the trend and flow of foreign direct investments (FDI) in emerging markets, with the focus on FDI in Serbia in comparison with akin countries from the region. Motivation: FDI is an important factor of growth and prosperity in developing countries. It largely influences trade, productivity, and economic development of a receiving country. Based on UNCTAD’s World Investment Report of 2019, the share of global FDI in developing countries was 54 per cent, which was a record. Recently, Serbia has been recognized as one of the most popular destinations for FDI in Southeastern Europe. This motivated us to analyze the chances and possibilities of enlargement of FDI in Serbia, as well in other Balkan countries. Idea: The main idea of the paper is to analyze and estimate time series of FDI net inflows for Serbia. We strive to investigate whether FDI demonstrates the durable growth in the future period of time. Furthermore, we compare the state of Serbian FDI with the former Yugoslav countries, in search for disparities or similarities. Data: We observed the FDI net inflows that are measured in current US dollars, while the data were retrieved from the World Bank database. The earliest available time point is 1992, while the latest available year of observation is 2018. Tools: We estimated the FDI net flow time series using a list of suitable ARIMA models, and we have chosen the best model fit among them using AIC and BIC criteria. Findings: We have found that Serbia and North Macedonia show a mild growth in future investments. A significant percentage of the cumulative FDI inflows from EU companies have been invested precisely in Serbia, while in North Macedonia, fostering FDI has been promoted as one of the main instruments for employment and economic development. Oher Yugoslav countries tend to stagnate in the future period, which is in literature called a negative ‘Western Balkans’ effect on FDI. Contribution: Findings of the mild growth in FDI inflows in Serbia and North Macedonia contribute to the policy of attracting the FDI inflows in the countries of Southeastern Europe.

Regional and Sectoral Disparities in Inflow of FDI in India

2012 ◽  
pp. 149-162 ◽  
Author(s):  
Behrooz Shahmoradi
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Developing Country ◽  
Direct Investment ◽  
Steady Increase ◽  
Policy Makers ◽  
Fdi Inflows ◽  
Reform Period ◽  
Micro Level

During the last two decades, Foreign Direct Investment (FDI) has become increasingly important in the developing world, with a growing number of developing countries seeking in attracting substantial and rising amounts of inward FDI. Furthermore, FDI has become the most important source of finance that can contribute to economic development. Recognizing this, all the governments want to attract it. India as a developing country is not an exception in this regard therefore study the different aspects of FDI can be helpful for policy makers in macro as well as micro level. Since 1990, FDI has been considered as the most powerful driver of economic development. While India has seen a steady increase in FDI inflows in the post-reform period, therefore, this study tries to analyze the regional and sectoral disparities in Inflow of FDI in India since 1990. The analysis showed that there is a disparity between states in India and it also indicates a shift from primary and secondary sectors to tertiary sectors and pervasive computing areas.

Regional and Sectoral Disparities in Inflow of FDI in India

2010 ◽  
pp. 234-246
Author(s):  
Behrooz Shahmoradi
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Developing Country ◽  
Direct Investment ◽  
Steady Increase ◽  
Policy Makers ◽  
Fdi Inflows ◽  
Reform Period ◽  
Micro Level

During the last two decades, Foreign Direct Investment (FDI) has become increasingly important in the developing world, with a growing number of developing countries seeking in attracting substantial and rising amounts of inward FDI. Furthermore, FDI has become the most important source of finance that can contribute to economic development. Recognizing this, all the governments want to attract it. India as a developing country is not an exception in this regard therefore study the different aspects of FDI can be helpful for policy makers in macro as well as micro level. Since 1990, FDI has been considered as the most powerful driver of economic development. While India has seen a steady increase in FDI inflows in the post-reform period, therefore, this study tries to analyze the regional and sectoral disparities in Inflow of FDI in India since 1990. The analysis showed that there is a disparity between states in India and it also indicates a shift from primary and secondary sectors to tertiary sectors and pervasive computing areas.

scholarly journals A Correlative Analysis of Modern Logistics Industry to Developing Economy Using the VAR Model: A Case of Pakistan

2020 ◽  
Vol 2020 ◽  
pp. 1-10
Author(s):  
Salman Hanif ◽  
Dong Mu ◽  
Saranjam Baig ◽  
Khalid Mehmood Alam
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Developing Countries ◽  
Economic Development ◽  
Developing Economies ◽  
Series Data ◽  
Var Model ◽  
Modern Logistics ◽  
Logistics Industry ◽  
Sustainable Economic Development

The modern logistics industry has opened new strategic perspectives in establishing its interrelation with economic growth. In recent years, understanding such an overlap has become a policy issue considering ever-increasing factors and their influence on this relation. Most existing studies have explored this interaction from a general perspective, or for developed countries. This paper explores time-series analysis of the dynamic variables and their inter-related influence in both the short and long run on the relationship between modern logistic industry and economic growth—a more specific perspective, particularly for developing countries. Accordingly, we exemplify our analysis by employing the vector autoregression (VAR) model to the most updated time series data of investment in the logistics industry and the economic growth of Pakistan from 1990 to 2018. The empirical findings endorse the previous studies’ outcomes and recognize the importance of sustainable economic development concerning continuously improving the logistics industry. However, a unidirectional relation is observed that economic growth leads to developing the logistics industry—economic growth exerts a significant demand-pull effect on Pakistan’s logistics. It implies that logistic industrial development is comparatively quicker in the geographical areas where economic growth is higher than those areas where economic growth is low. To conclude this study’s findings, logistics industry reforms should prioritize the selected geographical areas in improving the economy that would lead to the modern logistics industry’s development. As the model adopts Pakistan’s context, the overall statistical analysis can be generalized to other developing economies. These results would be of particular interest to strategy makers working in developing countries and help them design and develop modern transportation and logistics, coupled with interlinked technological factors, which would attract investment in the logistics industry for sustainable economic development.

scholarly journals Indigenous knowledge, an unexploited source for Sustainable Development: An Opportunity for Africapitalism

2019 ◽  
Author(s):  
Henrietta Onwuegbuzie ◽  
Adun okpe ◽  
Eseroghene Orighoyegha
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Economic Development ◽  
Emerging Markets ◽  
Indigenous Knowledge ◽  
Knowledge Systems ◽  
Policy Makers ◽  
Management Philosophy ◽  
Indigenous Knowledge Systems ◽  
Socio Economic Development

<p>Sustainable development in developing countries, particularly in Africa, has been of interest among scholars, practitioners and policymakers for decades. There is increased acknowledgment of Indigenous knowledge as an underexploited, yet invaluable source of sustainable development in emerging markets. This paper thus examines the constructs of Africapitalism management philosophy and indigenous knowledge. We examine diverse ways through which Africapitalism can embed indigenous knowledge systems as a key growth driver for sustainable socio-economic development. Finally, we discuss the implications for researchers and policy makers.</p>

scholarly journals Peramalan Jumlah Penumpang Kapal Laut Menggunakan Metode Fuzzy Runtun Waktu Chen Orde Tinggi

2021 ◽  
pp. 38-48
Author(s):  
Rizki Adiputra ◽  
Erna Tri Herdiani ◽  
Sitti Sahriman
Keyword(s):  
Time Series ◽  
Second Order ◽  
High Order ◽  
Fuzzy Time Series ◽  
Future Period ◽  
Fuzzy Method ◽  
Testing Data ◽  
The Future ◽  
Operational Activities

The port has become an important part of people's lives. On certain days there is an increase in the number of ship passengers which can slow down operational activities from the port, thus causing a buildup of passengers at the port. therefore, the port must be prepared to deal with the buildup of passengers at the port. Based on this, the researchers made a prediction or forecasting the number of ship passengers at Makassar Soekarno Hatta Port in the coming period to find out how much the estimated number of passengers at Makassar Soekarno Hatta Port. The results of these studies can be input to the PT. Pelabuhan Indonesia IV (Persero ) Makassar if there will be a surge in passengers in the future period. researchers used the fuzzy method of high order chen time series in forecasting or prediction in this study . The researcher divides the data onto training and testing data . The results of the study using fuzzy time series with the best high order chen are that the second order produces MAPE error size of 0,143 , MSE 13470993,9 and MAE of 9478,52 . The result of prediction of testing data onto one period in the future is 52.608.

scholarly journals Family Holdings in Montenegro as Factors of Development of Villages and Agriculture

2015 ◽  
Vol 15 (2) ◽  
pp. 149
Author(s):  
Aleksandra Despotović ◽  
Miljan Joksimović ◽  
Miomir Jovanović
Keyword(s):  
Economic Development ◽  
Natural Resources ◽  
Agricultural Production ◽  
Aging Process ◽  
Agricultural Activities ◽  
Future Period ◽  
The Future ◽  
Agricultural Census

Agricultural production in Montenegro has a long tradition and due to available natural resources it could present a backbone of economic development. Almost the entire agricultural production in Montenegro is con­ducted at family holdings. According to the most recent agricultural census from 2010, the total number of agricultural holdings is 48,847, whereof 48,824 are family agricultural holdings or 99%, whilst only 46 companies perform agricultural activities. Regarding the number of hol­dings, the lowest number is in Tivat, 169, whilst Podgorica has the pri­macy with 7,254 holdings. The paper displays the analysis of socio-demo­graphic and agrarian factors at family agricultural holdings. Demo­graphic picture of Montenegrin agricultural population is unfavorable, since intensive aging process has many negative implications, which could be expected in the future period, too.

scholarly journals Indigenous knowledge, an unexploited source for Sustainable Development: An Opportunity for Africapitalism

2019 ◽  
Author(s):  
Henrietta Onwuegbuzie ◽  
Adun okpe ◽  
Eseroghene Orighoyegha
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Economic Development ◽  
Emerging Markets ◽  
Indigenous Knowledge ◽  
Knowledge Systems ◽  
Policy Makers ◽  
Management Philosophy ◽  
Indigenous Knowledge Systems ◽  
Socio Economic Development

<p>Sustainable development in developing countries, particularly in Africa, has been of interest among scholars, practitioners and policymakers for decades. There is increased acknowledgment of Indigenous knowledge as an underexploited, yet invaluable source of sustainable development in emerging markets. This paper thus examines the constructs of Africapitalism management philosophy and indigenous knowledge. We examine diverse ways through which Africapitalism can embed indigenous knowledge systems as a key growth driver for sustainable socio-economic development. Finally, we discuss the implications for researchers and policy makers.</p>

Japan: Model Society of the Future?

1991 ◽  
Vol 513 (1) ◽  
pp. 139-150 ◽  
Author(s):  
MIKIO SUMIYA
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Economic Model ◽  
Industrial Relations ◽  
Western Culture ◽  
First Century ◽  
Value System ◽  
The Family ◽  
The World ◽  
The Future

Japan's economic development has attracted the attention of the world. Can Japan be the economic model for the world of the twenty-first century? While maintaining its traditional value system, Japan accepted Western culture and technology successfully, overcoming gaps and tensions. Social and economic tensions have not been as serious as in other advanced and developing countries, and one of the important explanations lies in Japan's type of industrial relations. In analyzing Japanese industrial relations, however, we find that the so-called features special to Japan do not qualify Japan as a distinct model. The family principle of enterprise, which is the basis of Japanese economic energy, also cannot be considered a model. Regrettably, one cannot say that Japan is a model society for the future.

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