scholarly journals Is it possible to determine the economic impact of jellyfish outbreaks on fisheries? A Case Study – Slovenia

2013 ◽  
Vol 14 (1) ◽  
pp. 214 ◽  
Author(s):  
B. NASTAV ◽  
M. MALEJ ◽  
A. MALEJ Jr. ◽  
A. MALEJ
Keyword(s):  
Value Added ◽  
Point Of View ◽  
Fishing Industry ◽  
Small Contribution ◽  
Output Analysis ◽  
Northern Adriatic ◽  
Economic Point ◽  
Fish Catch ◽  
The Government ◽  
The Impact

The interdependence between the economy and the environment is becoming a fact of increasing importance. Productive coastal areas have been recognised as one of the most valuable ecosystems from an ecological and socio-economic point of view. In this paper we focus on the massive presence of jellyfish in the northern Adriatic and their effect on the Slovenian economy. Our results indicate that high jellyfish abundance in 2004 resulted in a reduction of fish catch, value added, gross income, and employment in the fishing industry. Moreover, the government and the EU have acknowledged the impact of jellyfish on the fishing industry by allocating financial help to the fishermen involved. We attempted to assess other factors influencing the fishing industry but none were statistically significant. The input-output analysis has not revealed a significant impact on the entire Slovenian economy presumably due to the small contribution of the fishing industry to Slovenian GDP. Our work is a first attempt to relate ecological changes such as jellyfish outbreaks in the northern Adriatic to the wider economy and we suggest that such a methodology can be applied to other countries/regions and to other natural phenomena affecting the economy.

scholarly journals Citizen Action as a Driving Force of Change. The Meninas of Canido, Art in the Street as an Urban Dynamizer

2020 ◽  
Vol 12 (2) ◽  
pp. 740
Author(s):  
María José Piñeira Mantiñán ◽  
Francisco R. Durán Villa ◽  
Ramón López Rodríguez
Keyword(s):  
Point Of View ◽  
Structured Interviews ◽  
Economic Point ◽  
Neighborhood Association ◽  
Urban Art ◽  
Social Innovations ◽  
The Government ◽  
Western Spain ◽  
High Degree ◽  
The Impact

The austerity policies imposed by the government in the wake of the 2007 crisis have deteriorated the welfare state and limited neighborhood recovery. Considering the inability and inefficiency on the part of administrations to carry out improvement actions in neighborhoods, it is the neighborhood action itself that has carried out a series of resilient social innovations to reverse the dynamics. In this article, we will analyze the Canido neighborhood in Ferrol, a city in north-western Spain. Canido is traditional neighborhood that was experiencing a high degree of physical and social deterioration, until a cultural initiative called “Meninas of Canido,” promoted by one of its artist neighbors, recovered its identity and revitalized it from a physical, social, and economic point of view. Currently, the Meninas of Canido has become one of the most important urban art events in Spain and has receives international recognition. The aim of this article is to evaluate the impact that this action has had in the neighborhood. For this, we conducted a series of semi-structured interviews with the local administration, neighborhood association, the precursors of this idea, merchants, and some residents in general, in order to perceive the reception and evolution of this action.

scholarly journals IMPLEMENTASI INSENTIF PAJAK UMKM DI ERA COVID-19 DI KECAMATAN GEDANGAN KABUPATEN SIDOARJO

2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Alfi Huurin Iin ◽  
Septrian Jihan Aulia Fistabella ◽  
Adellia Nanda Savira ◽  
Kalvin Edo Wahyudi
Keyword(s):  
Income Tax ◽  
Tax Incentives ◽  
Significant Decline ◽  
Point Of View ◽  
Economic Point ◽  
Tax Incentive ◽  
Incentive Policy ◽  
Ministry Of Finance ◽  
The Government ◽  
The Impact

It is known that the people's economy has experienced a significant decline due to the Covid -19 Pandemic which has spread in various regions in Indonesia. From an economic point of view, we found that there was a decrease in income felt by UMKM actors, one of which was in the Gedangan Sub-District, Sidoarjo District which was caused by the Covid-19 pandemic. So that we are interested in examining how the efforts made by the Government through the Ministry of Finance regarding Final Income Tax Incentives to deal with the decline in income faced by UMKM’s. This study aims to determine how the implementation of the Final PPh Tax Incentive policy for UMKM’s during the current Covid-19 pandemic and to find out how the impact felt by UMKM’s regarding the Final Income Tax incentives issued by the Indonesian Minister of Finance. The method we use in this research is descriptive qualitative with data collection techniques using interviews and observations. The results of this study indicate that the tax incentive policy can not be felt by UMKM actors in Gedangan District, this is due to the lack of socialization provided, resulting in their lack of knowledge about this policy and what conditions they must have to get tax incentives issued by the Ministry of Finance.

scholarly journals National Key Economic Area Multiplier Impact On Malaysian Economy: An Input-Output Analysis

2011 ◽  
Author(s):  
Siti Nadiah Ahmad Fuad ◽  
Ahmad Fauzi Puasa
Keyword(s):  
Value Added ◽  
Total Output ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Tourism Education ◽  
The Government ◽  
The Impact ◽  
Further Development ◽  
Total Impact

The ultimate aim of this research is to provide an analysis of the impact multipliers on the Malaysian economy for 12 NKEA sectors. Economic activity is a complicated web of interdependent behaviour. A change in any part of the economy leads to changes elsewhere. Consequently, the estimation of the ultimate total impact of a change in the NKEA requires the measurement of the changes that occur elsewhere in the economy. The technique available to obtain these measurements is called input-output (I-O) analysis. I-O analysis is concerned with studying the interdependence of the producing and the consuming units in the modern economy. Our computation of complete I-O multipliers includes total output, income, employment, value-added, imported commodity, domestic taxes and imported taxes multipliers for the NKEA. Among the NKEA sectors, the palm oil, tourism, education, healthcare and other sectors have great potential for further development and are expected to give a high impact on the Malaysian economy. If the government wishes to boost the Malaysian economy for growth, these are the appropriate sectors for development.   Keywords: NKEA, input-output analysis, multiplier impact.

scholarly journals The impact of public procurement system on the development of competition in the economy in the light of empirical research

2017 ◽  
Vol 8 (1) ◽  
pp. 37 ◽  
Author(s):  
Arkadiusz Borowiec
Keyword(s):  
Public Procurement ◽  
Value Added ◽  
Point Of View ◽  
Access To Information ◽  
Economic Point ◽  
The Public ◽  
Fair Competition ◽  
Purposeful Sampling ◽  
Procurement System ◽  
The Impact

Research background: The purpose of the public procurement system in the market economy should be to ensure that the public sector entities conduct purchases which are optimal from the economic point of view, as well as to prevent favoring or discrimination of entities participating in public tenders. The Public Procurement Act mentions fair competition as one of the fundamental principles. Both contractors and contracting entities are subject to this principle. In practice, however, it is very often violated in connection with a number of phenomena resulting from imperfections of the aforementioned system. Purpose of the article: The purpose of this article is to identify the most important solutions to support the development of competition in the economy through the public procurement system, as well as to examine the obstacles and risks carried by the system itself. Another purpose is to present further action proposals based on research — actions affecting the development of competition and at the same time improving the efficiency of tenders. Methods: The article is based on the analysis of literature and on a questionnaire. The survey was conducted electronically (CAWI). The questionnaire was sent to 300 entities required to apply the provisions of the Public Procurement Law throughout the country. Another method involved a direct route (PAPI) and 155 entities participating in public tenders as contractors. Purposeful sampling was implemented to ensure reliable and expert replies. The study was carried out in the first half of 2016. Findings and Value added: The results indicate the most important solutions supporting the development of competition. They include the following: facilitating access to information about orders, improving the efficiency of state authorities in detecting collusive tendering, reducing the possibility of using the potential of third parties, and increasing the availability of data on tender results. The solutions presented in this article are evolutionary rather than revolutionary, and point primarily to the ability to streamline existing procedures and regulations and not to replace them with new ones. They should also help to improve the functioning of public procurement system in Poland, which is of great importance for the development of competition in domestic economy.

scholarly journals Dynamic Integrated Model for Assessing Fisheries: Discard Bans as an Implicit Value-Added Tax

2021 ◽  
Author(s):  
Jose Maria Da Rocha ◽  
Javier García-Cutrín ◽  
Maria-Jose Gutiérrez ◽  
Raul Prellezo ◽  
Eduardo Sanchez
Keyword(s):  
Value Added ◽  
Point Of View ◽  
Value Added Tax ◽  
Biological Variables ◽  
A Value ◽  
Long Run ◽  
The Social ◽  
Negative Effect ◽  
Short Run ◽  
The Impact

AbstractIntegrated economic models have become popular for assessing climate change. In this paper we show how these methods can be used to assess the impact of a discard ban in a fishery. We state that a discard ban can be understood as a confiscatory tax equivalent to a value-added tax. Under this framework, we show that a discard ban improves the sustainability of the fishery in the short run and increases economic welfare in the long run. In particular, we show that consumption, capital and wages show an initial decrease just after the implementation of the discard ban then recover after some periods to reach their steady-sate values, which are 16–20% higher than the initial values, depending on the valuation of the landed discards. The discard ban also improves biological variables, increasing landings by 14% and reducing discards by 29% on the initial figures. These patterns highlight the two channels through which discard bans affect a fishery: the tax channel, which shows that the confiscation of landed discards reduces the incentive to invest in the fishery; and the productivity channel, which increases the abundance of the stock. Thus, during the first few years after the implementation of a discard ban, the negative effect from the tax channel dominates the positive effect from the productivity channel, because the stock needs time to recover. Once stock abundance improves, the productivity channel dominates the tax channel and the economic variables rise above their initial levels. Our results also show that a landed discards valorisation policy is optimal from the social welfare point of view provided that incentives to increase discards are not created.

scholarly journals WORLD EXPERIENCE: COMMERCIAL BANK CREDIT AND ECONOMIC GROWTH RELATIONSHIP

2020 ◽  
pp. 6-19
Author(s):  
Davit Aslanishvili
Keyword(s):  
Economic Growth ◽  
Large Scale ◽  
Banking Sector ◽  
Point Of View ◽  
Bank Credit ◽  
Main Function ◽  
Economic Point ◽  
Market Factors ◽  
Credit Portfolio ◽  
The Impact

This research focuses on the problem of large scale disproportion of success in the development of the banking sector and mostly unsuccessful development of the real sector of the economy. It should be noted that this disproportion is a subject of consideration in contemporary economic literature and our research is an attempt to broaden the issue and share ideas inside the international scientific circles. The main problem in the research is the impact of the banking sector's credit portfolio and the functioning of credit markets on the economic growth of the country. In this regard, it is very important to identify, study the macroeconomic stabilization and accelerated economic growth of the country and analyse the impact mechanisms of the credit market factors on economic growth. The conclusion that combines many of the research and opinions given in the survey can be as follows: From the economic point of view, the main function of banks is to increase the financing/lending of funds as the core point to increase investments in the economy. Thus, the development of the country in economic terms depends on the increase of investments. At present, it is in the hands of the banking sector whether to lead us to economic immobility or to accelerate the country's economic development through efficient allocation of resources.

scholarly journals Impact of Implementation of Goods and Service Tax on Indian Banking Sector

2018 ◽  
pp. 18-32
Author(s):  
Revathi R. ◽  
Madhushree ◽  
P. S. Aithal
Keyword(s):  
Economic Growth ◽  
Banking Sector ◽  
Value Added ◽  
Tax System ◽  
Tax Rate ◽  
Bank Branches ◽  
Goods And Services ◽  
The Government ◽  
One Year ◽  
The Impact

The banking sector is one of the biggest and revenue generating sector in our economy. Indiais a country with impressively splendid banks with sufficient capital and well-regulated rulesand regulations. One of the biggest transformations that the sector faced during this period isGST i.e., Goods and Service Tax, a new tax regime introduced in the midnight of 1 July2017. Now the new tax regime has become one year old and there are so many changeswhich happened in the banking sector during this one-year periods. Introduction of GST tothe banking sector was one the highly risky and challenging role for the government. GST isa replacement to the Value Added Tax (VAT) which was implied on goods and services. Themain purpose of studying the impact of implementation of GST is to avoid double taxationon goods and services. It is a self-regulated tax system with a simplifies tax regime whichreduces the multiplicity of tax. The purpose of this study is to know the challenges faced bythe Banking sector and its effects on the customers after the implementation of the GST.New tax regime made an incredible step by the abolish of centralized registration of thebanks. Now all the bank branches have to register under GST in each state for the smoothfunctioning. The tax rate has created an impression in the banking sector that the sector iscontributing much toward the economic growth of the country. Tax slabs is anotherimportant and critical thing discussed in this paper which has substantially increasedcompared to the old tax regime. Data for the study have been collected from secondary datasources such as journals, internet, and news articles. Using the ABCD qualitative analysistechnique, advantages, benefits, constraints, and disadvantages for both banks and thecustomers for payment of GST are identified.

scholarly journals How the global economy reflected the year of the pandemic

2021 ◽  
Vol 129 ◽  
pp. 01014
Author(s):  
Vladislav Kaputa ◽  
Frederik Kvočák ◽  
Miroslava Triznová ◽  
Andrej Tomić ◽  
Hana Maťová
Keyword(s):  
Global Economy ◽  
Value Added ◽  
Point Of View ◽  
Environmental Aspects ◽  
Data Comparison ◽  
The Social ◽  
Macroeconomic Indicators ◽  
The Individual ◽  
Reduced Mobility ◽  
The Impact

Research background: The coronavirus pandemic in 2020 had a significant impact on all aspects of life, from the point of view of the individual by forcing social isolation, moving work and study to the home, enormous pressure on the social and health system, but also by forcing closures of services and direct contact with customers. These, as well as other factors, have also had an impact on the performance of economies around the world. Purpose of the article: The paper aims to evaluate the development of the world's major economies in terms of macroeconomic indicators and foreign trade in the pandemic period and previous periods. The social and environmental aspects of the impact of the pandemic on selected economies are also reflected. Methods: Analysis of the main macroeconomic data, comparison and synthesis of findings. Findings & Value added: The interdependence of economies and interconnectedness of markets on transport routes associated with reduced mobility, forced isolation of people and death of economic activity had a significant impact on all the observed indicators, where a significant decline in GDP could be observed in all countries except China. This country was the only one that managed to keep GDP growth in positive numbers. Unemployment development was not equal in the observed economies due to different labour market environment. On the contrary, the environment has benefited in some way.

scholarly journals The next step for Artificial Intelligence in a globally connected economy

2021 ◽  
Vol 129 ◽  
pp. 04001
Author(s):  
Dumitru Alexandru Bodislav ◽  
Florina Bran ◽  
Carol Cristina Gombos ◽  
Amza Mair
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Human Factor ◽  
Value Added ◽  
Point Of View ◽  
Business Analytics ◽  
Economic Point ◽  
Technological Breakthrough ◽  
Big Picture ◽  
The Difference

Research background: This research paper represents an overview of what artificial intelligence is, what are its roots, and what is the next big thing regarding the domain. In this paper we try to highlight how the domain is growing and what is the difference between the ideology, the business factor and the human factor. We try to create a big picture on the entire phenomenon by creating a parallel between machine learning, artificial intelligence and the influence of technological breakthrough from a hardware perspective. Purpose of the article: The paper is built as a tool in understanding technology, globalization and the pathway to success and scientific glory for what can be seen as the industry of artificial intelligence. The tools presented in the research have the purpose to create an easier path to how we can develop this domain by accelerating theoretical processing and business analytics that come together to form the next level of machine learning/artificial intelligence; research and development, everything being filtered from an economic point of view. Methods: The used research method is based on fundamental analysis of the artificial intelligence domain and its purpose in the complexity of globalization and economic development. Findings & Value added: The paper tries to offer a tool for building a better understanding of the next decade in the domain of artificial intelligence.

scholarly journals Effect of Corporate Tax on Government Expenditure in Nigeria

2021 ◽  
Vol 1 (5) ◽  
pp. 157-171
Author(s):  
Patrick Ologbenla
Keyword(s):  
Income Tax ◽  
Consumer Price Index ◽  
Government Expenditure ◽  
Value Added ◽  
Corporate Income Tax ◽  
Value Added Tax ◽  
Independent Variable ◽  
The Government ◽  
The Impact ◽  
Bound Test

The study investigated the impact of corporate income tax on the government expenditure in Nigeria. Data on corporate income tax, value added tax, interest rate, gross domestic product, petroleum profit tax and consumer price index were collected and used as independent variable in the study while data on public expenditure were collected and used as independent variable in the estimated model. The ARDL bound test was applied and the result showed that corporate income tax have long run relationship that is significant with government expenditure. Other forms of tax such as value added tax and petroleum profit tax also have significant impact on government expenditure. The study concluded that corporate income tax should be sustained in order to ensure that government continue to fulfill her obligation of provision of social amenities that will promote the economic growth of the country.

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