scholarly journals Globalization and Human Development in Post-Transition Countries: Empirical Evidence from Panel Data

2014 ◽  
Vol 5 (3) ◽  
pp. 7-27 ◽  
Author(s):  
Andrzej Cieslik

In this paper we investigate empirically the relationship between globalization and human development in post-transition countries using annual panel data for the 1971-2010 period. We show that there exists a positive and statistically significant relationship between globalization and human development in the case of unconditional regressions. This relationship remains positive and significant once the process of European and regional integration is controlled for. However, when differences in the level of economic development are taken into account the globalization variable loses its statistical significance.

Energies ◽  
2019 ◽  
Vol 12 (12) ◽  
pp. 2411 ◽  
Author(s):  
Yu Hao ◽  
Zirui Huang ◽  
Haitao Wu

Global warming has emerged as a serious threat to humans and sustainable development. China is under increasing pressure to curb its carbon emissions as the world’s largest emitter of carbon dioxide. By combining the Tapio decoupling model and the environmental Kuznets curve (EKC) framework, this paper explores the relationship between China’s carbon emissions and economic growth. Based on panel data of 29 provinces from 2007 to 2016, this paper quantitatively estimates the nexus of carbon emissions and economic development for the whole nation and the decoupling status of individual provinces. There is empirical evidence for the conventional EKC hypothesis, showing that the relationship between carbon emissions and per capita gross domestic product (GDP) is an inverted U shape and that the inflection point will not be attained soon. Moreover, following the estimation results of the Tapio decoupling model, there were significant differences between individual provinces in decoupling status. As a result, differentiated and targeted environmental regulations and policies regarding energy consumption and carbon emissions should be reasonably formulated for different provinces and regions based on the corresponding level of economic development and decoupling status.


Author(s):  
Nurdan Gürkan ◽  
Ahmet Ferda Çakmak

The concept of entrepreneurial orientation, which emerges with the development of strategic management, refers to entrepreneurship orientations of businesses. The businesses need resources in other words organizational slack in order to develop their entrepreneurial trends. The organizational slack consists of three slack type. These slack types are available slack, recoverable slack and potential slack. The purpose of this study is to examine whether organizational slack in the businesses has an effect on entrepreneurial orientation. The relationship between organizational slack and entrepreneurial orientation was investigated through 20 companies that were traded in Borsa Istanbul Corporate Governance Index for 2010-2014 period using panel data analysis method. The results of the study indicate the existence of a statistically significant relationship between and the available slack and the recoverable slack with the entrepreneurial orientation in the businesses. According to findings; there was no statistically significant relationship between potential slack and entrepreneurial orientation.


2021 ◽  
Author(s):  
ali ahmed mohammed

الملخص تعد التنمية الاقتصادية ذات أهمية كبيرة حيث حظيت بالإهتمام من قبل الدارسين والباحثين والاقتصاديين داخل الدولة منذ عقود، وخصوصاً بعد انتهاء الحرب العالمية الثانية، عندما بدأت الدول التي عانت من هذه الحرب بعمليات إعادة الاعمار، ومن ثم بعد ذلك بدأت تظهر الانواع الاخرى من التنمية، كالتنمية المستدامة والتنمية البشرية، وبدأ الحديث عن التنمية الاجتماعية والسياسية كذلك، وعلى الرغم من ذلك الا ان هناك تحديات كثيرة تقف في طريق التنمية الاقتصادية كالفقر والتخلف، ولا بد من اتباع إستراتيجيات معينة لتحقيق التنمية الاقتصادية وبالتالي تحقيق السلام، حيث ان التنمية والسلام هما ذات علاقة وثيقة ببعضهما، نظرا لان معظم الحروب والنزاعات تنشب لأسباب اقتصادية اما للسيطرة على الموارد او بسبب التوزيع غير العادل لها، ويتناول هذا البحث إستراتيجيات التنمية الاقتصادية المحققة للسلام، مع بيان العلاقة بين السلام والتنمية، والمفاهيم المرتبطة بهما.Summary Economic development has a great importance, it has the First attention by scholars, researchers and economists within the state, especially after the end of the WWII, when the countries that suffered from this war began the reconstruction process, then the other types of Development began to appear, such as sustainable development and human development, and also they began to talk about social and political development. However, many challenges stand in the way of economic development such as poverty and underdevelopment, and certain strategies must be followed to achieve economic development and thus achieve Peace, peace and development are closely interrelated, since most wars and conflicts arise for economic reasons or either for the control of resources or because of unfair distribution of resources. This research deals with the economic development strategies for peace, with explanation of the relationship between peace and development.


Author(s):  
L. Prymostka ◽  
N. Pantielieieva ◽  
I. Krasnova ◽  
V. Lavreniuk ◽  
O. Lytvynenko

Abstract. The globalization of markets, the need to comply with modern economic trends and introduce new technological solutions to increase the profitability of the banking business have significantly intensified the processes of mergers and acquisitions in the banking sector. M&A processes are long and complex, their results are difficult to forecast in lack of actual detailed research. The diversity of the results of the available research requires updating the data based on larger volumes of transactions and larger time intervals. The purpose of the article is to substantiate two hypotheses: first, the impact of M&A agreements especially on the increase in the value of banks; and impact of factors that show economic development level on the value of banks. The object of the study is the relationship between the value of commercial banks in domestic and foreign financial markets, M&A agreements, as well as economic indicators published by the World Bank and measuring the level of economic development of countries. The article uses statistical modeling method. The constructed model of linear regression allows to state that the fact of influence of M&A on growth of cost of consolidated banks is fair for 54.8% of cases. The study shows that the M&A processes have the greatest impact on the value of banks in the interval of 3—5 years after the conclusion of the agreement. Analysis of the relationship between economic indicators and the growth of bank value shows that the greatest impact on the value of banks has percent of the growth of GDP and GDP per capita, but the low value of the determinant at 22.9% indicates a low dependence of bank value on the level of economic indicators in general. It was found that external factors do not directly affect the growth in the value of banks in the process of M&A transactions. The question of expanding the system of factors that will influence the M&A processes and, as a consequence, the value of the banks, will be the subject of further research. Keywords: globalization of markets, mergers and acquisitions of banks, consolidation, M&A dynamic, market capitalization, bank value. JEL Classification Е44, Е47, G14 Formulas: 2; fig.: 4; tabl.: 4; bibl.: 14.


Author(s):  
Mingliang Zhao ◽  
Fangyi Liu ◽  
Wei Sun ◽  
Xin Tao

Promoting the coordinated development of industrialization and the environment is a goal pursued by all of the countries of the world. Strengthening environmental regulation (ER) and improving green total factor productivity (GTFP) are important means to achieving this goal. However, the relationship between ER and GTFP has been debated in the academic circles, which reflects the complexity of this issue. This paper empirically tested the relationship between ER and GTFP in China by using panel data and a systematic Gaussian Mixed Model (GMM) of 177 cities at the prefecture level. The research shows that the relationship between ER and GTFP is complex, which is reflected in the differences and nonlinearity between cities with different monitoring levels and different economic development levels. (1) The relationship between ER and GTFP is linear and non-linear in different urban groups. A positive linear relationship was found in the urban group with high economic development level, while a U-shaped nonlinear relationship was found in other urban groups. (2) There are differences in the inflection point value and the variable mean of ER in different urban groups, which have different promoting effects on GTFP. In key monitoring cities and low economic development level cities, the mean value of ER had not passed the inflection point, and ER was negatively correlated with GTFP. The mean values of ER variables in the whole sample, the non-key monitoring and the middle economic development level cities had all passed the inflection point, which gradually promoted the improvement of GTFP. (3) Among the control variables of the different city groups, science and technology input and the financial development level mainly had positive effects on GTFP, while foreign direct investment (FDI) and fixed asset investment variables mainly had negative effects.


2020 ◽  
pp. 004728752092231 ◽  
Author(s):  
Juan Ignacio Pulido-Fernández ◽  
Pablo Juan Cárdenas-García

After having demonstrated the relationship between tourism and economic growth, tourism-led economic growth (TLGH), and economic-driven tourism growth (EDTG), the scientific literature was concerned with studying the relationship between tourism and economic development, limiting itself to analyzing a possible unidirectional relationship between tourism, economic growth, and economic development. In this context, the aim of this article is to determine if the relationship between tourism and economic development is bidirectional given that, although tourism can be a tool for economic development, it is also true that a higher level of economic development influences tourism growth. Using a sample of 143 countries, and applying confirmatory factor analysis together with a structural equations model, the bidirectional relationship is confirmed. Therefore, although tourism growth and economic development face different challenges, if public policies work in a coordinated manner, they may contribute significantly to improving economic development in countries that are configured as tourist destinations.


Author(s):  
Yuji Ogihara

This chapter discusses the relationship between economic affluence and individualism from a cross-temporal perspective. Previous research has indicated that wealth and individualism are positively correlated at both the individual and the national level. This chapter discusses whether this relationship is also found at the temporal level. This chapter consists of three parts. First, a theory about the association between economic affluence and individualism is summarized. Second, the chapter introduces empirical evidence on temporal changes in individualism and their relationship with economic development in three cultures (United States, Japan, China). These studies indicated that the three cultures have shifted toward greater individualism over time. Moreover, these changes in individualism were positively linked to increases in economic affluence at the annual level. Third, the chapter is summarized and directions for future research are raised. Overall, this chapter discusses how socioecological factors and human psychologies/behaviors are associated particularly from a cross-temporal perspective.


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