The “Local Economy” Effect of Social Transfers: An Empirical Assessment of the Impact of the Bolsa Família Program on Local Productive Structure and Economic Growth

2018 ◽  
Vol 103 ◽  
pp. 199-215
Author(s):  
Eric Rougier ◽  
François Combarnous ◽  
Yves-André Fauré
Keyword(s):  
Economic Growth ◽  
Local Economy ◽  
Empirical Assessment ◽  
Bolsa Familia ◽  
Social Transfers ◽  
Productive Structure ◽  
The Impact

A Study on the Impact of Industrial Concentration on the Economic Growth Based on the Analysis of Gini Coefficient of the Construction Regions

2010 ◽  
Vol 29-32 ◽  
pp. 2703-2708
Author(s):  
Xiao Zheng ◽  
Zhen Ning Liu
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Construction Industry ◽  
Gini Coefficient ◽  
Local Communities ◽  
Local Economy ◽  
Industrial Concentration ◽  
Southeast China ◽  
The Impact

This paper reveals the concentration status of the construction industry in the 8 provinces of southeast China, its impact on the local communities, and proposes a tentative plan to stimulate local economy through industrial concentration based on the measurement and calculation of Gini coefficient in the 8 provinces and regression analysis of their population and output of steel and concrete.

scholarly journals The Impact of Tourism on the Local Economy in Malaysia

2018 ◽  
Vol 13 (12) ◽  
pp. 151 ◽  
Author(s):  
Chin-Hong Puah ◽  
Meng-Chang Jong ◽  
Norazirah Ayob ◽  
Shafinar Ismail
Keyword(s):  
Economic Growth ◽  
Capital Investment ◽  
Positive Impact ◽  
Economic Transformation ◽  
Tourism Industry ◽  
Local Economy ◽  
Sustainable Growth ◽  
Distributed Lag ◽  
The Government ◽  
The Impact

The local and international communities play an important role in the sustainable growth of the Malaysian tourism industry. The principle of sustainable growth in the tourism industry was proposed by the World Tourism Organization (WTO) in 1988. As the tourism industry is one of the largest and fastest growing industries in Malaysia, the government has poured considerable effort into promoting this industry consistent with the objective of the Economic Transformation Program (ETP) to transform from a resource-based economy to a service-based economy. This study aimed to test the hypothesis of tourism-led growth from Malaysia’s perspective. The tourism revenue earned by the government can be used to invest in industry to further promote economic growth in Malaysia. Hence, tourist receipts and capital investment in the tourism industry are important factors that can affect the nation’s economic growth. Utilizing Malaysian data from 1995 to 2016, the study employed the Autoregressive Distributed Lag (ARDL) approach to examine whether the tourism-led growth is valid in this study. Empirical findings indicated that both variables have a significant positive impact on economic growth and the hypothesis of tourism-led growth is accepted in Malaysia.

scholarly journals Probing the efficacy of local economic development in South African Municipalities: A case of POLOKWANE local municipality

2021 ◽  
Vol 12 (01) ◽  
Author(s):  
CM Mashabela ◽  
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Economic Development ◽  
South African ◽  
Local Economic Development ◽  
Local Economy ◽  
Primary Data ◽  
Research Approach ◽  
The Government ◽  
The Impact

The government of South Africa adopted Local Economic Development (LED) as part of its development policy in its quest for an inclusive economic development and growth. LED is intended to create a conducive environment for an inclusive local economy. However, unemployment and poverty rates are high in local communities with some SMMEs struggling to secure funding. Although municipalities do not create jobs directly through LED, they should, however, ensure that strategies implemented talk to inclusive economic growth, particularly the mitigation of unemployment and poverty rates. The purpose of the paper is to investigate the efficacy of LED in South African municipalities. The paper aims to evaluate and analyse the impact of implementing LED in South Africa. The quantitative research approach was adopted, and questionnaires were utilised to collect primary data. The paper found that LED in South Africa produces desired results at a low rate in that only a small fraction of the participants agrees that the municipality facilitates funding for SMMEs; only a small fraction of the participants is of the view that LED units provide adequate infrastructure and create industries. Moreover, the paper found that only a fraction of the participants is able to create job opportunities. Consequently, the paper recommends that municipalities should facilitate SMMEs funding, provide adequate infrastructure, develop industries and design LED strategies that enhance job creation. The paper argues that effective measures of implementing LED will enhance LED impact rate and fast track the prospects of inclusive economic growth in South African municipalities.

scholarly journals The Impact of Tourism on Economic Growth: A Panel Co-integration from the Community of Portuguese-speaking Countries (CPLP)

2020 ◽  
Vol 10 (3) ◽  
pp. 281
Author(s):  
Ladson Pires Andrade ◽  
Hassane Mahamad Velonjara
Keyword(s):  
Economic Growth ◽  
Foreign Currency ◽  
Great Influence ◽  
Positive Influence ◽  
Local Economy ◽  
Policy Recommendations ◽  
Integration Technique ◽  
Left Behind ◽  
The Impact

This article aims to examine the impact of tourism on economic growth, a panel co-integration from a community of Portuguese-speaking countries (CPLP). Being one of the leading sectors for economic development for most of the transaction economies, which helps bring down the unemployment rate, bring more foreign currency into the local economy, etc. Thus, most of the leaders want to design the best policies as possible to boost this sector. Therefore, the CPLP countries are not left behind when coming to an incentive more and more tourism. This work employs a Fully modified ordinary least squared (FMOLS) and dynamic ordinary least squared (DOLS) and a co-integration technique to test whether there’s a long-term association between expenditure on tourism and growth from 2000 to 2016. The FMOLS and DOLS outcomes show that travelers’ spending exerts a great influence on development for these nations and it causes the long-running association between tourism to growth, which provides that tourism exerts a positive influence on GDP. We conclude this article with some policy recommendations.

scholarly journals FDI and growth: Evidence from provinces and cities in South East region of Vietnam

2021 ◽  
pp. 54-57
Author(s):  
Duong Nguyen Minh Huy Duong
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Trade Openness ◽  
Private Investment ◽  
Business Environment ◽  
Local Economy ◽  
Investment Rate ◽  
East Region ◽  
The Impact

The paper uses recent panel dataset of provinces and cities in South East region of Vietnam to investigate the effects of foreign direct investment (FDI), local governance quality, state investment rate, domestic private investment rate and trade openness on economic growth. Empirical results show that an increase in foreign direct investment share to GRDP and governance capacity and quality of provincial authorities in creating a favorable business environment will significantly impulse the growth of the local economy. The private investment is found to play an important role in the economic growth of South East provinces and cities, while the impact of public investment and trade openness on economic growth of the region is found to be insignificant over the period 2015 - 2019.

scholarly journals The economic effects of clean development mechanism afforestation and reforestation project: evidence from China

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yuan Hu ◽  
Wenxue Zheng ◽  
Weizhong Zeng ◽  
Hongxing Lan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Clean Development Mechanism ◽  
Local Economy ◽  
Short Term ◽  
Impact Mechanism ◽  
Content Type ◽  
R Project ◽  
The Impact ◽  
Development Mechanism

Purpose Forestry carbon sink (FCS) is not only an important measure to deal with the current global climate change but also an effective way to build an ecological civilization. As an important form of implementation of FCS, the afforestation and reforestation projects under the clean development mechanism (CDM A/R) have important functions such as ecological protection and economic growth. This paper aims to evaluate the short-term and long-term impact of CDM on the county economy and its impact mechanism. Design/methodology/approach This paper first uses propensity score matching to match the county (treatment group). Second, this paper uses difference in difference to estimate the net effect of CDM A/R project on county economic development to reduce estimation error. Finally, the impact mechanism of implementing CDM A/R project on county economic development was tested. Findings The CDM A/R project has significantly promoted the development of real gross domestic product (GDP) and per capita real GDP in the region. Because of the long project cycle, this promotion is not immediate in the short term and has an obvious hysteresis effect. The longer the implementation time, the greater the promotion of the local economy will develop. The results are robust after the robustness test that uses the single-difference method. The CDM A/R project has promoted local economic growth by optimizing the local industrial structure, increasing the regional capital stock and raising the regional government’s fiscal revenue and expenditure. Originality/value This paper provides a critical overview of the relationship between clean development mechanism and local economic development.

scholarly journals The impact of Chinese Foreign Direct Investment on economic growth of Peru

2020 ◽  
Vol 3 (6) ◽  
pp. 32
Author(s):  
María Osterloh Mejía ◽  
Nadia Urriola Canchari ◽  
Xiangzheng Deng
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Positive Impact ◽  
Local Economy ◽  
Series Data ◽  
Causality Test ◽  
Long Run ◽  
Integration Test ◽  
The Impact

Since 2000, the Peruvian economic policy presented a positive impact on the economic growth thanks to Foreign Direct Investment (FDI) increase and the inclusion of foreign markets in the local economy. This study analyzes and quantifies the short and long-run impact of FDI and Foreign Direct Investment from China (FDICH) on economic growth in Peru, using annual time series data from 2001 to 2018 obtained from the Central Bank of Peru and the World Bank. Vector Autoregression (VAR) Model, Augmented Dickey-Fuller test, Johansen Co-integration test, and Granger Causality test were employed for data analysis through the production function. The findings revealed the impact and significance of FDI and FDICH in the short and long-run, which were positive and significant. Moreover, the Co-integration test (for long-run relationship) was positive, and the causality test in the relationship between all variables and the economic growth revealed the directionality of these links.

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