scholarly journals Regional economic indicators: A focus on regional gross value added using shift-share analysis

2010 ◽  
Vol 4 (8) ◽  
pp. 74-87 ◽  
Author(s):  
Sebnem Oguz ◽  
Jonathan Knight
Keyword(s):  
Value Added ◽  
Economic Indicators ◽  
Regional Economic ◽  
Gross Value Added

scholarly journals THE ROLE OF ECONOMIC ACTIVITIES’ CLUSTERS IN GROSS VALUE ADDED GENERATION IN THE BALTIC STATES

2017 ◽  
Vol 5 ◽  
pp. 401-412
Author(s):  
Rima RubÄŤinskaitÄ— ◽  
GindrutÄ— KasnauskienÄ—
Keyword(s):  
Labor Force ◽  
Labour Force ◽  
Value Added ◽  
Retail Trade ◽  
Baltic States ◽  
Economic Activities ◽  
Regional Economic ◽  
Gross Value Added ◽  
The Baltic ◽  
The Impact

: Economic globalization affects regional development through different economic value creation chains. The structure of regional economic activities’ groups and size of clusters could also influence the structure and size of gross value added in a particular region. This paper examines the impact of the main labor force indicators on the generated gross value added in diverse economic activities in the Baltic States and the neighbor regions of Finland and Poland in the period of 2000-2013 according to Eurostat data. The research has shown that the structure of economic activities clusters in the Baltic States (Estonia, Latvia, Lithuania) significantly differs from the neighboring regions of Poland and Finland. We also found that the labour force input has a significant impact on the following economic activities’ clusters in the Baltic States: “Industry (except construction)”, “Wholesale and retail trade, transport, accommodation and food service activities”, “Construction”, “Professional, scientific and technical activities; administrative and support service activities”, “Financial and insurance activities”, “Arts, entertainment and recreation; other service activities; activities of household and extra-territorial organisations and bodies”. The impact of the labor force on generated gross value added differs in diverse economic activities. The authors believe that the results of this study could be useful for policy makers in building more progressive national and regional economic development strategies.

The Service Sector in the Economy in Poland and European Union Countries

2015 ◽  
Vol 10 (3) ◽  
pp. 191-207
Author(s):  
Walentyna Kwiatkowska
Keyword(s):  
Service Sector ◽  
Value Added ◽  
Total Employment ◽  
Eu Countries ◽  
Gross Value Added ◽  
European Union Countries ◽  
Service Sectors ◽  
Sector Theory ◽  
The Eu

The role of the service sector in the economy is increasing in the process of socio-economic development. This tendency has been confirmed and explained by the three-sector theory formulated by A.G.B. Fisher, C. Clark, and J. Fourastie. The main goal of the paper is to show development tendencies in service sectors in Poland and the EU countries and assess them in view of the three-sector theory. The share of the service sector in the total employment and in the total gross value added in the years 2005-2013/2014 will be analysed together with two sub-sectors including market and non-market services. The research shows that the share of the service sector in total employment and total gross value added has been recently increasing in Poland as well as in other EU countries, but there is a gap in this process between Poland and the most developed EU countries. Moreover, in Poland, the role of market services has been recently increasing much faster than the role of non-market services. 

Estimation of economic specialization of Ukrainian regions in the context of global trends

2019 ◽  
pp. 24-31
Author(s):  
Svitlana Ishchuk ◽  
Lyubomyr Sozanskyy
Keyword(s):  
National Economy ◽  
Economic Activity ◽  
Commodity Prices ◽  
Value Added ◽  
High Tech ◽  
Agricultural Commodity ◽  
Macroeconomic Factors ◽  
Gross Value Added ◽  
Its Regions ◽  
Economic Specialization

The scale and deep heterogeneity of the national economy of Ukraine in the regional context make the relevance of scientific research in this thematic area. The purpose of the article is to determine the economic specialization of the regions of Ukraine by key economic activities contributing to the formation of gross value added, as well as outlining the potential risks to the national economy, taking into account the situation on world commodity markets. The results of the research showed that one of the consequences of the unstable dynamics of industrial production in Ukraine under the influence of geopolitical and macroeconomic factors is the reduction of industrial specialization of the economy of a number of Ukrainian regions. Thus, in 2017 the manufacturing was the leading economic activity (with the highest share in the gross value added created) in 11 regions, compared to 15 in 2012. So Poltava, Donetsk, Dnipropetrovsk and Zaporizhzhya regions are considered to be “highly industrial”. At the same time, the agrarian specialization of the economy of Ukraine and its regions deepened – in 2017 agriculture became the leading type of economic activity in 11 regions (compared to 7 in 2012). The most “agrarian” in Ukraine (with a share of agriculture in gross value added over 30%) in 2017 became the Kherson, Kirovohrad and Khmelnytsky regions. Increasing the level of “agrarianization” of the national economy in the context of volatility of agricultural commodity prices on the world markets poses significant risks for the socio-economic development of Ukraine and its regions. These risks are exacerbated by the high amplitude of fluctuations in the volume and structure of domestic agricultural products and the low degree of processing of raw materials. To improve the structure of domestic commodity exports (in the direction of increasing its share of products with a higher degree of processing) and to deepen its diversification, a number of measures should be carried out aimed at stimulating export activity of enterprises (industrial and agro-industrial), carrying out technical and technological re-equipment of industrial and export production bases, creation of new high-tech industries on the basis of the implementation of powerful innovation and investment projects.

scholarly journals Ocena efektu Harbergera-Laursena-Metzlera w polskim sektorze rolno-żywnościowym

2019 ◽  
Vol 106 (1) ◽  
pp. 36-50
Author(s):  
Jacek Strojny
Keyword(s):  
Current Account ◽  
Vector Autoregression ◽  
Value Added ◽  
Terms Of Trade ◽  
The Other ◽  
Food Sector ◽  
Exogenous Factor ◽  
Trade Shocks ◽  
Gross Value Added ◽  
The Current Account

The aim of the study was to asses the Harberger-Laursen-Metzler effect in Polish agro-food sector. The analysis covers period of 2002-2017. There was applied the vector autoregression (VAR) methodology. The outcome of the research revealed that permanent deterioration in terms of trade contributed to the current account of Polish agribusiness sector improvement. The temporary effect of terms of trade shocks was not indentified. Additionally, the research enabled recognition of gross value added (GVA) as the most exogenous factor of the VAR system. On the other hand most endogenous factor of the model is the current account. The variable permanent terms of trade is more exogenous factor than the current account.

scholarly journals Contribution of Highly Qualified Employees to Regional Economy

2021 ◽  
Vol 17 (3) ◽  
pp. 873-887
Author(s):  
Ilya A. Korshunov ◽  
Natalia N. Shirkova ◽  
Nikolay S. Zavivaev
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Industrial Development ◽  
Value Added ◽  
Transport Sector ◽  
Highly Qualified ◽  
Gross Value Added ◽  
The Russian Federation ◽  
Skill Requirements

Knowledge and skills concentrated in human capital are increasingly important factors of economic development. However, there is a lack of a methodology for determining, which skills are necessary for the efficient industrial development. To this end, we examine skill requirements of regional employers potentially leading to an increase in economic indicators. Skills in demand were compared with predicted indicators based on a se mantic content analysis of vacancy databases in various regions of the Russian Federation. It was revealed that the list of demanded competencies depends not on a geographical aspect but on a specific profession. An analysis of the obtained data demonstrated that the growth in demand for highly qualified employees in the Russian Federation is correlated with an increase in gross value added of relevant industries. A linear correlation between gross value added per employee and the need for skilled specialists was demonstrated on the example of the transport sector. The proposed methodology can be used by educational organisations for targeted training of specialists, as well as by employers and experts for forecasting medium- and long-term socio-economic development of Russian regions.

scholarly journals Analisis Input Output Sektor Pertanian di Indonesia

Agro Ekonomi ◽  
2013 ◽  
Vol 24 (1) ◽  
pp. 1
Author(s):  
Hani Perwitasari ◽  
Irham Irham ◽  
Jamhari Jamhari
Keyword(s):  
Agricultural Sector ◽  
Value Added ◽  
Input Output ◽  
Producer Price ◽  
Agriculture Sector ◽  
Gross Value Added ◽  
Multiplier Effect ◽  
Forward Linkage ◽  
Multiplier Effects ◽  
Employment Sectors

The purpose of this research are (1) to identify changes in the structure of Indonesia’s economi, (2) to identifty backward linkage and forward linkage between agriculture sector eith other sctors in economic structure of Indonesia, (3) to know the multiplier effect of output, income, employment and grows value added of agriculture sector. The research analyzed Input-Output data, the domestic transaction based on producer price, that in classified 66 sectors published by the Cnetral Statistics Agency (BPS) uidng Input-Output Analysis.These result indicate that ini 1975 until 2008 the structure of Indonesia’s economy has changed towards industrialization. Backward linkage and forward linkage between the agriculture sectora are under the average backward linkage and the forward linkage of economy all sector in Indonesia. Multiplier effect to output, income, employment in the agricultural sector are the average of output multiplier effect income, employment sectors of the economy throughout Indonesia but the gross value added in above-average gross value added multiplier effects throught the economy of Indonesia. 

scholarly journals ASSESSMENT AND ANALYSIS OF SOME CHANGES IN THE SECTORAL STRUCTURE OF THE ECONOMY

2019 ◽  
Vol 17 (Suppl.1) ◽  
pp. 138-144
Author(s):  
Iv. Stoycheva
Keyword(s):  
Regional Policy ◽  
Structural Changes ◽  
National Level ◽  
Value Added ◽  
Economic Sectors ◽  
Regional Economic ◽  
Services Sector ◽  
Sectoral Structure ◽  
Agriculture Industry ◽  
Level Of Aggregation

The regional economic opportunities for the development of economy are linked to the dynamics of regional disparities formation and to the implementation of adequate regional policy in order to achieve economic efficiency. The socio-economic development of the country depends on the appropriate and effective construction of such regional economic structures, which provide favorable development at both regional and national level. The purpose of this article is to assess the changes in the sectoral structure of the indicators gross value added and employment for the period 2008-2017 and to prove the importance of the services sector as a sector with a growing potential for development. Structural divergences at national level have been assessed at the level of aggregation of three main economic sectors-agriculture, industry and services. The achieved results on the strength and direction of structural changes show that the restructuring takes place at different rates in individual regions, as in regions with a more developed economy and more favorable indicators the dynamics of these processes predetermines structure in which the supply of services is highly prevalent.

Estimating the direct contribution of tourism to Rwanda’s economy: Tourism satellite account methodology

2019 ◽  
Vol 20 (3) ◽  
pp. 259-271
Author(s):  
Pius O Odunga ◽  
Geoffrey Manyara ◽  
Mark Yobesia
Keyword(s):  
Gross Domestic Product ◽  
Informal Sector ◽  
Value Added ◽  
Capital Formation ◽  
Tourism Industry ◽  
Fixed Capital ◽  
Domestic Product ◽  
Gross Value Added ◽  
Fixed Capital Formation ◽  
Economic Contribution

The tourism industry is poised to command a significant role in the economy of Rwanda, a low-income developing country that is rapidly transforming into a service-oriented economy. However, the industry does not exist as a distinct entity in a country’s national accounts leading to difficulties in estimating its role. Besides, the existence of a significant informal sector aggravates the situation. This study used tourism satellite accounts approach to estimate the economic contribution of tourism. Using primary data from various tourism surveys, six core tables of the tourism satellite accounts framework are presented to estimate the direct economic contribution of tourism to Rwanda’s economy in 2014. In this year, a total of 1,219,529 international tourists visited the country while 560,000 residents took part in domestic tourism trips resulting in internal tourism expenditure/consumption amounting to RWF 261.2bn. This generated an estimated RWF 197.5bn as gross value added by the tourism characteristic industries. Direct tourism gross value added was estimated at RWF 120.0bn while direct tourism gross domestic product, a measure of the direct effects of internal tourism consumption on gross domestic product of the economy was computed at RWF 128.3bn (or 2.5% of Rwanda’s gross domestic product) in the year. In addition to the core six tourism satellite accounts tables, the levels of tourism employment (about 89,000 jobs) tourism gross fixed capital formation (slightly over RWF 200bn) and tourism collective consumption (over RWF 7bn) were estimated. Under this study, the international methodological recommendations on tourism satellite accounts were implemented for Rwanda. The contribution of tourism to gross domestic product, employment, investment, and collective consumption was quantified and estimated. Informal sector tourism activities were included in these estimates. Gross fixed capital formation and collective consumption estimates are tentative due to conceptual considerations documented by the methodological framework.

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