scholarly journals Using a Standard Model to Identify the Saving Determinants in the Kingdom of Saudi Arabia

2021 ◽  
pp. 32-41
Author(s):  
Tarek Ali Ahmed Abdallah ◽  
Mohammed Salah El-Din Abdel Aziz
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Gross Domestic Product ◽  
Growth Rates ◽  
Domestic Product ◽  
Positive Interaction ◽  
Factors Affecting ◽  
Coverage Ratio ◽  
Domestic Savings ◽  
Economic Growth Rates

Low savings are an important factor in low economic growth rates. Saudi Arabia faces many future challenges, e.g., maintaining the gross domestic product, improving economic growth rates, providing job opportunities, as well as decreasing unemployment and nationalization rates. Therefore, the present research paper aims to identify the most important factors affecting domestic savings in Saudi Arabia by building a simultaneous equations model to measure interactions and interrelations between variables using 3SLS. The results showed a significant positive interaction between variables. Increasing domestic savings by 1% increased local investment by 0.957%, whereas increasing the investment coverage ratio by 1% increased local investment by 0.971%. Moreover, increasing local investment by 1% increased gross domestic product by 0.136%, while decreasing the rate by 1% increased gross domestic product by 0.334%. Increasing population by 1% increased gross domestic product by 1.520%. In short, these factors conveyed high rates of response.

Economic Growth Rates and Exports of Bangladesh: The Bengal Tiger?

2019 ◽  
Vol 39 (3) ◽  
pp. 285-303 ◽  
Author(s):  
Mohammad Rafiqul Islam
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Foreign Aid ◽  
Growth Model ◽  
Growth Rates ◽  
Poor Country ◽  
Balanced Growth ◽  
The Status ◽  
Bengal Tiger ◽  
Economic Growth Rates

Global images of Bangladesh as a desperately poor country in need of foreign aid require revision in light of recent statistics that confirm impressive economic growth rates despite protracted political problems and climate-related risks. The article presents and discusses statistical evidence relating to recent economic growth rates of Bangladesh in terms of export, import and gross domestic product. This confirms the status of the country as a new tiger economy, moving away from its traditional dependence on agriculture. However, excessive reliance on exports of ready-made garments is found to be risky, while a more balanced growth model with a diverse basket of exports seems advisable.

scholarly journals Impact of Domestic Industrial Output on Economic Growth in Nigeria

2021 ◽  
Vol 2 (1) ◽  
pp. 57-67
Author(s):  
Kazeem Fasoye ◽  
Abiodun Sunday Olayiwola ◽  
Kehinde Elizabeth Joseph
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Practical Implication ◽  
Industrial Sector ◽  
Domestic Product ◽  
Industrial Output ◽  
Domestic Production ◽  
Real Gross Domestic Product ◽  
Distributed Lag ◽  
Domestic Savings

Purpose: This paper examined the potential of domestic industrial output on economic growth in Nigeria. Approach/ Methodology/ Design: An Autoregressive Distributed Lag (ARDL) model procedure was employed for data analysis. Findings: The results revealed that the contribution of the domestic industrial output to economic growth was appalling which was necessitated by the worrisome image of “Made-in-Nigeria” goods. It was also showed that the results that domestic industrial output and domestic savings have positive relationships with real gross domestic product (RGDP) in the long run. This implies that a rise in the level of each of domestic output and domestic savings necessitated an increase in real gross domestic product (RGDP). Practical Implication: The implication presented in this study is related to the concerned authorities. The results indicate the need for diverse domestic production in order to achieve a healthy competition in the industrial sector in the country. Originality/Value: The study innovates by employing various statistical tools for exploring the effect of domestic industrial output on economic growth. The significant contribution of this study is in identifying that domestic production in Nigeria has been lagged behind in terms of output performance in the economy.

scholarly journals Determinan Jumlah Penduduk Miskin di Jawa Periode 2007-2015

2017 ◽  
Vol 4 (2) ◽  
pp. 164
Author(s):  
Mohammad Saleh ◽  
Mochammad Dwi Ainoer Rizzal ◽  
Aisah Jumiati
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Research Method ◽  
Secondary Data ◽  
Domestic Product ◽  
Poor People ◽  
Unit Of Analysis ◽  
Factors Affecting ◽  
Negative Effect ◽  
Positive Effect

Poverty is one of the problems that impede economic growth and national and regional development. It is therefore necessary to find solutions to reduce poverty and solve the problems that are being experienced. The purpose of this study to determine the influence of unemployment, wages and Gross Domestic Product (GDP) on poverty in Java. This research method is explanatory research method. The unit of analysis used in this study is the number of poor people in Java, factors affecting poverty include unemployment, wages and Gross Domestic Product (GDP). Data used in this research is secondary data. The results showed that the positive effect of unemployment and wages and GRDP a significant negative effect on poverty. From the results of this study are expected later able to provide references improvements creation of the welfare of society equally. Keywords: People poverty, unemployment, wage, Gross Regional Domestic Produc

scholarly journals Dynamic Effects of Foreign Portfolio Investment on Economic Growth in Nigeria

2020 ◽  
Vol 4 (3) ◽  
pp. 5-12
Author(s):  
O.W. Toyin ◽  
Ad. E. Oludayol
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Foreign Investment ◽  
Domestic Product ◽  
Distributed Model ◽  
Short Term ◽  
Foreign Portfolio Investment ◽  
Domestic Savings ◽  
The Relationship

The slow growth rate and the deficit of full-fledged financial security have created the preconditions for studying the relationship between foreign investment and economic growth. In previous literature, key emphases on this issue were studied in the short term and in terms of static functioning of the economy. Thus, this article purposely studied the dynamic nature of the development of the relationship between foreign investment and economic growth in Nigeria from 1980 to 2018. The use of the Augmented-Dickey Fuller test confirmed the precondition for adopting dynamic techniques to test the significant role of foreign portfolio investment (among other analyzed factors – domestic savings, government capital expenditures, market capitalization) in the formation of gross domestic product. The use of the lag selection method allowed to determine the optimal lag for estimating the autoregressive distributed model, which substantiates the effectiveness and reliability of the autoregressive distributed lag model. The information base of the study was the statistical bulletin of the Central Bank of Nigeria. The results of empirical estimations in the short term showed that domestic savings had significant and negative impact on gross domestic product. The study empirically confirms and theoretically proves that foreign investment, domestic savings, government spending and market capitalization determine long-term trends in gross domestic product formation in Nigeria. Practically, the empirical result revealed that the presence of a significant deficit of domestic savings in Nigeria creates obstacles to successful economic growth in the country both in the short and long term; portfolio foreign investment accelerates economic growth in the long run to a greater extent than in the short run. Keywords: autoregressive distributed model, Dickie-Fuller test, economic growth, foreign investment, double gap theory.

Financial Sector Reforms in South Asian Countries

2016 ◽  
pp. 36-50
Author(s):  
Amir Manzoor
Keyword(s):  
Economic Growth ◽  
South Asia ◽  
South Asian ◽  
Economic Integration ◽  
Growth Rates ◽  
Financial Sector ◽  
Asian Countries ◽  
Settlement Systems ◽  
Domestic Savings ◽  
Economic Growth Rates

Several far-reaching reforms to the financial sector were introduced by South Asian countries in early 1980. The nature and progress of these reforms vary from country to country. These reforms covered a number of areas such as promoting competition in the financial sector, developing payment and settlement systems, and strengthening regulations. So far, these reforms have not only helped South Asian countries to significantly raise domestic savings, attract foreign capital, and raise economic growth rates but also provided greater economic integration of South Asia. This chapter performs a close re-scrutiny of the reforms implemented in South Asian countries. Suggestion for further reforms for building efficient, competitive, and resilient financial sector is also provided.

scholarly journals تحليل وقياس أثر الصراعات على اقتصادات دول الشرق الأوسط للمدة(2018-1990) العراق أنموذجاً

Twejer ◽  
2020 ◽  
Vol 3 (3) ◽  
pp. 739-778
Author(s):  
Elham Waheed Daham ◽  
Keyword(s):  
Economic Growth ◽  
Middle East ◽  
Gross Domestic Product ◽  
Negative Impact ◽  
Domestic Product ◽  
Positive Effects ◽  
East Region ◽  
Middle East Countries ◽  
Job Opportunities ◽  
Economic Growth Rates

This research aims to identify the negative and positive effects of conflicts and clarify the effects that conflicts have had on economic and social development, as the most important hypothesis of the research is to verify the negative and positive effects of conflicts on the gross domestic product of the Middle East countries that witnessed the conflicts. And verify the extent of the role that individuals, groups, institutions, or the state play in the development process in all its aspects. The research followed the analytical and standard approach to verify the proof or denial of the assumptions. Then the research came out with results, the most important of which are the results of the statistically significant factor, "Investment as a percentage of the Gross Domestic Product", a negative impact on the GDP at constant prices of the US dollar in (2015), and then the most important recommendations were to increase investments among the most important priorities in Eastern countries. In order to increase economic growth rates and create new job opportunities, and to achieve this, it is necessary to transfer spending from unproductive uses to investment. Key words: conflicts, impacts, Middle East region, economic growth .

scholarly journals Impact of Foreign Aid on Economic Growth of Pakistan

2019 ◽  
Vol 2 (1) ◽  
pp. 18-25
Author(s):  
Pooja Pohwani ◽  
Javad Raza Khoso ◽  
Waqar Ahmed
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Foreign Aid ◽  
Linear Regression Analysis ◽  
Government Expenditure ◽  
Domestic Product ◽  
Dependent Variables ◽  
Domestic Savings ◽  
Impact Data ◽  
The Impact

This study focuses to find out the impact of foreign aid on economic growth of Pakistan. Since Pakistan is among the countries who receive high amount of foreign aid therefore this research aims to find out its impact on economic growth of Pakistan. Gross Domestic Product has been used as a proxy of economic growth of Pakistan. Other variables include foreign aid, which is independent variables and dependent variables includes government expenditure, domestic savings, and Gross Domestic Product. To find out this impact, data on all the above mentioned variables is collected for the period of 25 years that is from year 1991 to 2015. Results from Linear Regression Analysis shows that foreign aid has no significant impact on government expenditure, domestic savings and Gross Domestic Product.

Trends of Private Consumption in the Restructuring of China’s Economy

2015 ◽  
Vol 07 (04) ◽  
pp. 52-64
Author(s):  
Chien-Hsun CHEN
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Private Consumption ◽  
Decisive Role ◽  
Domestic Product ◽  
Domestic Consumption ◽  
Labour Income ◽  
Rapid Economic Growth ◽  
Labour Share ◽  
China’S Economy

The benefits deriving from rapid economic growth have chiefly accrued to capital returns. Consequently, the decline in the share of Chinese gross domestic product (GDP) accounted for by labour income has been most pronounced. To sustain growth, China will have to ensure robust consumption. Increasing the labour share in GDP and hence promoting domestic consumption will play a decisive role in rebalancing China’s economy.

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