scholarly journals National monuments and economic growth in the American West

2020 ◽  
Vol 6 (12) ◽  
pp. eaay8523
Author(s):  
Margaret Walls ◽  
Patrick Lee ◽  
Matthew Ashenfarb
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
American West ◽  
Public Lands ◽  
The United States ◽  
Scientific Interest ◽  
Local Economies ◽  
West Region ◽  
National Monuments ◽  
Mountain West

National monuments in the United States are protected lands that contain historic landmarks, historic and prehistoric structures, or other objects of historic or scientific interest. Their designations are often contentious. Opponents argue that monuments hurt local economies by limiting uses of public lands, while supporters counter that monuments create a new amenity-driven economy. We use panel data on all business establishments in the eight-state Mountain West region to estimate economic impacts of 14 monument designations over a 25-year period. We find that monuments increased the average number of establishments and jobs in areas near monuments; increased the average establishment growth rate; had no effect, positive or negative, on the number of jobs in establishments that existed pre-designation; and had no effect on mining and other industries that use public lands. On net, protecting lands as national monuments has been more help than hindrance to local economies in the American West.

A NOTE ON THE IMPLICATIONS OF AUTOMATION FOR ECONOMIC GROWTH AND THE LABOR SHARE

2017 ◽  
Vol 23 (3) ◽  
pp. 1294-1301 ◽  
Author(s):  
Klaus Prettner
Keyword(s):  
United States ◽  
Economic Growth ◽  
Growth Rate ◽  
Population Growth ◽  
Capital Accumulation ◽  
Technological Progress ◽  
The United States ◽  
Economic Growth Rate ◽  
Labor Share ◽  
Long Run

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the available empirical evidence; (iii) there is a unique share of savings diverted to automation that maximizes long-run growth; and (iv) automation explains around 14% of the observed decline of the labor share over the last decades in the United States.

scholarly journals The Contribution of Chicken Products’ Export to Economic Growth: Evidence from China, the United States, and Brazil

2019 ◽  
Vol 11 (19) ◽  
pp. 5253 ◽  
Author(s):  
Xiaowei Wen ◽  
Lin Li ◽  
Sangluo Sun ◽  
Qinying He ◽  
Fu-Sheng Tsai
Keyword(s):  
United States ◽  
Economic Growth ◽  
Growth Rate ◽  
Agricultural Sector ◽  
The United States ◽  
Agricultural Export ◽  
Economic Growth Rate ◽  
Food And Agriculture ◽  
Food And Agriculture Organization ◽  
Equilibrium Relationship

As a core industry of the national economy, there is no doubt that the agricultural sector has to adapt to the new economic development. In the literature, many researchers have agreed that agricultural export is an important factor affecting economic growth. This paper explores the contribution of chicken products’ export to economic growth and the causal relationship between them. Based on the data from the Food and Agriculture Organization of the United Nations (FAO) and World Bank between 1980 and 2016, this paper describes and compares the characteristics of chicken products’ export trade of China, the United States, and Brazil. By applying the co-integration analysis, we find that there is no significant long-term equilibrium relationship between chicken products’ export and economic growth rate in China, the United States, or Brazil. However, the growth rate of chicken products’ export significantly promotes the economic growth rate for the United States. Besides, for both China and the United States, the direct pull degree (an estimator quantifying the degree of agricultural products’ exports in stimulating economic growth) of chicken products’ export is relatively small and less volatile. Yet, the direct pull degree of China is 14 times that of the United States, and the contribution to the economic growth rate of the United States is 8 times that of China. Both the direct pull degree and economic growth contribution of chicken products’ export of Brazil fluctuates more often, and its direct pull degree is 0.25 times that of China, and the economic contributions to the growth rate is 1.65 times that of China.

Analyzing the parameters of building the Russian capitalism

2021 ◽  
Vol 17 (12) ◽  
pp. 2295-2316
Author(s):  
Valerii V. SMIRNOV
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Russian Federation ◽  
Systems Approach ◽  
The United States ◽  
Gdp Per Capita ◽  
Goods And Services ◽  
The Russian Federation ◽  
Per Capita ◽  
The Government

Subject. The article addresses the Russian capitalism. Objectives. The purpose is to identify parameters of building the Russian capitalism. Methods. The study draws on the systems approach, using the methods of statistical, neural network, and cluster analysis. Results. The study revealed the parameters of building the Russian capitalism, like the structural balance of public administration, volatility in the growth rate of exports and imports of goods and services, a decrease in the growth rate of exports and imports of goods and services, net government lending and borrowing, GDP per capita, general government expenditure. The optimal cluster for building the Russian capitalism is the relationship between Russia and the United States in the context of GDP per capita in national currencies. The study expands the scope of knowledge and develops the competencies of the government of the Russian Federation to ensure the economic growth. Conclusions. The unveiled parameters of building the Russian capitalism, as well as understanding the reasons for the emergence of the Russian State capitalism as a form of merging of the American market economy and Chinese planned economy enable the government of the Russian Federation to effectively orient its actions towards economic growth.

Suicide in the Mountain West Region of the United States

Crisis ◽  
2017 ◽  
Vol 38 (5) ◽  
pp. 344-350 ◽  
Author(s):  
Carolyn M. Pepper
Keyword(s):  
United States ◽  
Population Density ◽  
Age Groups ◽  
The United States ◽  
Racial Groups ◽  
Demographic Groups ◽  
Suicide Rates ◽  
West Region ◽  
Wide Range ◽  
Mountain West

Abstract. Background: The Mountain West region of the United States consistently reports the highest rates of suicide in the country. This pattern could reflect a regional culture-of-suicide script in support of suicide that implicitly influences individual's behavior. Aims: The primary aim of this study was to investigate whether suicide rates are elevated in the Mountain West across a wide range of demographic groups, thereby supporting a regional cultural script. Method: Suicide rates in the Mountain West between 1999 and 2014 were compared to the rest of the country across a wide range of demographic categories and levels of population density using the Center for Disease Control Multiple Causes of Death dataset published on the WONDER online database. Results: Suicide rates are elevated in the Mountain West for men and women, all racial groups, all age groups, and at every level of population density compared to the rest of the country. Limitations: Missing and suppressed data, the use of coroner reports, and the arbitrary nature of state and regional boundaries are all discussed as possible limitations to this study. Conclusion: These findings support a broad culture-of-suicide script that is pervasive in this region across demographic groups and all levels of population density.

Section III. Prospects for North America and Japan

2000 ◽  
Vol 174 ◽  
pp. 42-50
Keyword(s):  
United States ◽  
Economic Growth ◽  
Growth Rate ◽  
North America ◽  
Productivity Growth ◽  
Aggregate Demand ◽  
Present Situation ◽  
The United States ◽  
Economic Expansion ◽  
Rate Of Growth

Economic growth has been exceptionally robust in the United States this year, with GDP forecast to rise by 5¼ per cent. This would be the fastest rate of growth since 1984. The acceleration in the growth rate this year is particularly unusual given the duration of the present economic expansion. Although there remain few signs of an abrupt slowdown, the present situation cannot be sustained indefinitely since the growth rate of aggregate demand is well above that of potential supply, even allowing for some improvement in the underlying rate of productivity growth.

scholarly journals FEATURES OF THE DEVELOPMENT OF FIXED CAPITAL IN THE UNITED STATES: LESSONS FOR RUSSIA

2019 ◽  
Vol 3 (1) ◽  
pp. 161-168
Author(s):  
Boris Lavrovskii ◽  
Ekaterina Goryushkina ◽  
Evgeny Shiltsin
Keyword(s):  
United States ◽  
Economic Growth ◽  
Growth Rate ◽  
Econometric Model ◽  
The United States ◽  
Gdp Growth ◽  
Unit Costs ◽  
Gdp Growth Rate ◽  
Intellectual Product ◽  
The Relationship

The article on the example of the United States demonstrates the relationship between economic growth and investment expenditures on the growth of a unit of GDP. The assumption is made that the dynamics of unit costs of investments (need for unit costs) is determined by the share of the intellectual product in productive investment. Based on the Cobb-Douglas function econometric model was constructed, which relates the GDP growth rate to the intellectual product. Communication estimates are given.

US Economic Growth: Trends and Factors

2016 ◽  
Vol 60 (2) ◽  
pp. 26-39
Author(s):  
V. Varnavskii
Keyword(s):  
United States ◽  
Economic Growth ◽  
Growth Rate ◽  
Information And Communication Technologies ◽  
Labor Productivity ◽  
The United States ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
The Us ◽  
Per Capita

The article considers the main trends and factors of US economic growth. Economic and technological reasons for slowdown of US Gross Domestic Product (GDP), GDP per capita and productivity are discussed. The author focuses on the estimates of key macroeconomic indicators published by the Bureau of Economic Analysis, Bureau of Labor Statistics and other government agencies for analyzing historical growth and identifying factors contributions. Also, the article discusses points of view on the potential factors for continued economic growth in the future, including the statistics and calculations of the American economists. It is shown that the United States is nowadays facing fundamental problems of productivity, not just a cyclical downturn. A number of disturbing tendencies in the US economy, such as negative trends in both labor productivity and multifactor productivity (MFP) emerged well before the economic and financial crises of 2008 (Great Recession). As the author note, the US has entered into a period of relatively low GDP growth rate in comparison with 1990 – early 2000s. A reduction also occurred in the growth rate of GDP per capita, labor productivity and other indicators. Special attention is addressed to the roles of the Information and Communication Technologies (ICT). Since mid-1990 the large-scale investments into the ICT provided a great portion of US economic growth and productivity. However, in the last 10 years the contribution of ICT to productivity growth noticeably reduced from its maximum value in 1995–2004. Nonetheless, it remains sizable and still contributes about one-fifth of the GDP growth and more than 40% of the growth in labor productivity. The author’s general conclusion is that, despite the existing problems in economic growth, United States remains the world’s most productive economy and the largest market for ICT goods and services. This is likely to continue encouraging the nation’s economic growth and productivity, although at a slower pace.

Forming Sources of Long-run Growth: How to Understand Them?

2014 ◽  
pp. 4-20 ◽  
Author(s):  
G. Idrisov ◽  
S. Sinelnikov-Murylev
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Economic Policy ◽  
Business Cycle ◽  
Capital Markets ◽  
Productivity Growth ◽  
Government Spending ◽  
Long Run ◽  
Accelerate Growth ◽  
Budget Institutions

The paper analyzes the inconsequence and problems of Russian economic policy to accelerate economic growth. The authors consider three components of growth rate (potential, Russian business cycle and world business cycle components) and conclude that in order to pursue an effective economic policy to accelerate growth, it has to be addressed to the potential (long-run) growth component. The main ingredients of this policy are government spending restructuring and budget institutions reform, labor and capital markets reforms, productivity growth.

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