scholarly journals The Impact of Social Expenditure on the Economic Growth in Yemen: Analysis of Long-Term Equilibrium Relationship Based on Co-Integration Method

2016 ◽  
Vol 23 (4) ◽  
pp. 205-252
Author(s):  
محمد أحمد الحاوري ◽  
Keyword(s):  
Economic Growth ◽  
Integration Method ◽  
Social Expenditure ◽  
Equilibrium Relationship ◽  
The Impact

scholarly journals An Empirical Research on the Structure of Public Expenditure and Economic Growth—Evidence from China

2016 ◽  
Vol 8 (3) ◽  
pp. 85
Author(s):  
Li Yang Zi
Keyword(s):  
Economic Growth ◽  
Public Expenditure ◽  
Chinese Government ◽  
Social Expenditure ◽  
Output Elasticity ◽  
Negative Effect ◽  
Object Of Study ◽  
The Impact ◽  
Expenditure Structure

This paper takes the relationship between public expenditure structure and economic growth as the object of study. By using evidence from China, it analyzes how the Chinese Government should promote economic growth by the optimization of public expenditure structure when facing with a decline in the growth of fiscal revenue. The main conclusions of the paper are as follows: The impact of public expenditure structure on economic growth not only depends on the output elasticity of the item of expenditure, but also on its initial share. When the initial share is oversized, it will make an item of expenditure which appears to be productive become non-productive. For China, the proportions of economic construction expenditure and administrative expenditure have a significant negative effect on long-term economic growth; the social expenditure on culture and education has a significant positive effect on long-term economic growth.

scholarly journals The Impact of Economic Shocks On Economic Growth in Iraq During the Period (2004-2018)

2020 ◽  
Vol 8 (4) ◽  
pp. 629-642
Author(s):  
Jafer Safer
Keyword(s):  
Economic Growth ◽  
Least Squares Method ◽  
Trade Openness ◽  
Unit Root Test ◽  
Oil Prices ◽  
Model Parameters ◽  
Economic Shocks ◽  
Equilibrium Relationship ◽  
The Impact

This research aims to study to determine the impact of economic shocks on economic growth in Iraq during the period (2004-2018), and the most important factors that affect economic growth have been identified. And represented in oil prices, the exchange rate, external debt and trade openness, which represent the independent variables of the model used, whereas, economic growth was expressed in gross domestic product as a dependent variable. The usual least squares method is used to estimate the model parameters. The unit root test and the cointegration test were also used. The pulse response functions were estimated to determine the impact of economic shocks on the Iraqi economy during the study period. It was found from the results of the estimation that the time series of the study has stabilized after taking the first differences, There is also a complementarity, that is, there is a long-term equilibrium relationship between the variables used, It was also found that the impact of economic shocks resulting from fluctuations in global oil prices was clear on the economic growth in Iraq.

THE IMPACT OF R&D ON THE SINGAPORE ECONOMY: AN EMPIRICAL EVALUATION

2009 ◽  
Vol 54 (01) ◽  
pp. 1-20 ◽  
Author(s):  
YUEN PING HO ◽  
POH KAM WONG ◽  
MUN HENG TOH
Keyword(s):  
Economic Growth ◽  
Empirical Evaluation ◽  
Factor Productivity ◽  
Empirical Estimates ◽  
Equilibrium Relationship ◽  
Catch Up ◽  
Developed Nations ◽  
The Impact ◽  
D Investment

This paper provides empirical estimates for the impact of R&D on economic growth in Singapore. The Cobb–Douglas based analysis found that R&D investment had a significant impact on total factor productivity performance in the last 20 years and established a long-term equilibrium relationship between R&D investments and TFP. However, compared to OECD countries, the impact of R&D on growth in Singapore is not as strong. To catch up with the developed nations in terms of R&D productivity not only requires increasing R&D intensity in Singapore but also more efficient exploitation of domestic R&D activity.

Study on Dynamic Relationship between Economic Growth and Energy Consumption in Chongqing - Based on 1980-2011 Data

2013 ◽  
Vol 448-453 ◽  
pp. 4319-4324
Author(s):  
Sheng Wang ◽  
Chun Yan Dai ◽  
En Chuang Wang ◽  
Chun Yan Li
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Consumption ◽  
Energy Demand ◽  
Industrial Structure ◽  
Impulse Response Function ◽  
Improve Energy Efficiency ◽  
Dynamic Relationship ◽  
Equilibrium Relationship

Analyzed the dynamic interaction characteristics of Chongqing Economic growth and energy consumption between 1980-2011 based on vector auto regression model, impulse response function. The results showed that: 1 Between the Chongqing's economic growth and energy consumption exist the positive long-term stable equilibrium relationship, Chongqing's economic development depending on energy consumption is too high, to keep the economy in Chongqing's rapid economic development, energy relatively insufficient supply sustainable development must rely on the energy market, which will restrict the development of Chongqing's economy. 2At this stage, Chongqing continuing emphasis on optimizing the industrial structure to improve energy efficiency at the same time, the key is to establish and improve the energy consumption intensity and total energy demand "dual control" under the security system, weakening the energy bottleneck effect on economic growth.

تدفقات الاستثمار الأجنبي المباشر وأثره على البطالة في العراق للمدة (2004-2017) دراسة تحليلية باستخدام التكامل المشترك المتزامن

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
خالد عواد ◽  
مهند عبد ◽  
بلال اسعد
Keyword(s):  
International Trade ◽  
Foreign Investment ◽  
Economic Liberalization ◽  
Unemployment Rates ◽  
Equilibrium Relationship ◽  
The Impact

This research aims to show the impact of foreign investment inflows into Iraq on changes in unemployment after 2004, in light of the emergence of ideas of globalization in various aspects and the convergence of distances between countries due to the development of knowledge and scientific means of communication and by the policies of economic liberalization and international trade. A long - term equilibrium relationship between foreign investment flows and unemployment, and that changes in unemployment rates explain the change in FDI flows.

ISSUES OF THE RELATIONSHIP BETWEEN THE STATE BUDGET AND ECONOMIC GROWTH IN UZBEKISTAN

2021 ◽  
Vol 4 (7) ◽  
pp. 4-19
Author(s):  
Akmal Baltayevich Allakuliev ◽  
Keyword(s):  
Economic Growth ◽  
The State ◽  
Rate Of Return ◽  
State Budget ◽  
Macroeconomic Shocks ◽  
Dynamic Correlations ◽  
Short And Long Term ◽  
The Impact ◽  
The Relationship

The article examines the interaction of the country's GDP with the state budget in the short and long term, the impact of the macro-fiscal mechanism on the country's economic growth on the example of Uzbekistan.The aim of the study is to identify dynamic correlations between the country's state budget expenditures and the economic growth of the macro-fiscal mechanism in the short and long term, as well as to analyze the approximation or rate of return of GDP and the state budget to equilibrium during various macroeconomic shocks. and hesitation.The scientific novelties of the research are:

Does Public Debt Service Expenditure Crowd-Out Economic Growth? Empirical Evidence from an African Developing Country

2019 ◽  
Vol 64 (3) ◽  
pp. 23-38
Author(s):  
Talknice Saungweme ◽  
Nicholas M. Odhiambo
Keyword(s):  
Economic Growth ◽  
Public Debt ◽  
Time Series Data ◽  
Policy Formulation ◽  
Debt Service ◽  
Series Data ◽  
Long Run ◽  
Short Run ◽  
The Impact

Abstract This paper contributes to the ongoing debate on the impact of public debt service on economic growth; and it provides an evidence-based approach to public policy formulation in Zimbabwe. The empirical analysis was performed by applying the autoregressive distributed lag (ARDL) technique to annual time-series data from 1970 to 2017. The study findings reveal that the impact of public debt service on economic growth in Zimbabwe is negative in the short run but positive in the long run. The results are suggestive of the existence of a crowding-out effect of public debt service in Zimbabwe in the short run and a crowding-in effect in the long run. In view of these findings, the government should consider fiscal and financial policies that promote a constant supply of long-term finance, long-term fixed investments, and extension of a government securities maturity structure so as to ensure sustainable short- and long-term public debt service expenditures. The study further recommends the strengthening of non-distortionary revenue mobilisation reforms to reduce market distortions and boost domestic investment.

scholarly journals Commercialization of conventional and sustainability-oriented innovations: a comparative systematic literature review

2021 ◽  
Vol 19 (1) ◽  
pp. 340-353
Author(s):  
Dinara Kalmakova ◽  
Yuriy Bilan ◽  
Aknur Zhidebekkyzy ◽  
Rimma Sagiyeva
Keyword(s):  
Economic Growth ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Scientific Debate ◽  
Innovation Research ◽  
Comparative Review ◽  
Strategic Factors ◽  
Impact Of Technology ◽  
The Impact

Innovations play an important role in achieving competitiveness and long-term economic growth at all levels of the economic hierarchy. More recently, the role of sustainability-oriented innovation in achieving economic growth has become equally important. However, there is a scientific debate about the possibility of effective commercialization of sustainability-oriented innovations. The existence of such scientific debate, as well as the absence of citation-based systematic literature reviews, became a prerequisite for conducting a comparative literature review of research on the effective commercialization of conventional and sustainability-oriented innovations. The purpose of the study is to conduct a comparative review and analysis of research on the commercialization efficiency of conventional and sustainability-oriented innovations. The analysis was conducted on the basis of a citation-based systematic literature review method. The results show that sustainable innovation research is more focused on the relationship between commercialization and firm performance. In the field of conventional innovations, research trends have shifted from studying the impact of technology transfer office (TTO) size, staffing, compensation practices to how strategic factors affect the efficiency of commercialization. In the area of sustainability-oriented innovation, the issues of the strategic orientation impact cause the most sustained interest, while managerial concerns and the stringency of environmental regulations have been actively explored in the past few years. It was revealed that the commercialization efficiency of sustainability-oriented innovations is characterized by so called sustainability-oriented criteria. A distinctive output criterion for commercialization efficiency of sustainability-oriented innovation is the improvement of the firm’s image. In addition, content analysis identified possible research directions to be investigated.

scholarly journals The Road to Sustainable Development: Existing Problems and Solutions

2021 ◽  
Vol 7 (09) ◽  
pp. 91-95
Author(s):  
Kaustubh Jain
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Biodiversity Loss ◽  
Indigenous Communities ◽  
The Road ◽  
Existing Problems ◽  
Problems And Solutions ◽  
Long Time ◽  
The Impact

The debate about developing countries having to choose between economic growth and biodiversity protection has been going on for a long time. This paper sought to add to existing literature written on that topic by exploring the relationship between economic growth and biodiversity loss. It argued that in the long term, developing countries need to protect biodiversity as a prerequisite for economic growth to occur and that the severe impact of biodiversity loss on vulnerable indigenous communities is a reason enough to make the protection of biodiversity a priority. The researcher first identified the primary reasons for why biodiversity occurs, then advocated for the prevention of biodiversity by exploring two impacts of biodiversity loss: the impact on indigenous communities and the impact on economic growth. The paper then briefly also explained the policies that both governments, as well as nongovernment actors, can implement in order to tackle biodiversity loss and protect our environment.

scholarly journals The impact of agriculture and renewable energy on climate change in Central and East European Countries

2020 ◽  
Vol 66 (No. 10) ◽  
pp. 447-457
Author(s):  
Nicoleta Mihaela Florea ◽  
Roxana Maria Badircea ◽  
Ramona Costina Pirvu ◽  
Alina Georgiana Manta ◽  
Marius Dalian Doran ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Granger Causality ◽  
Granger Causality Test ◽  
Causality Test ◽  
Gas Emissions ◽  
The Impact

According to the objectives of the European Union concerning the climate changes, Member States should take all the necessary measures in order to reduce the greenhouse gas emissions. The aim of this study is to identify the causality relations between greenhouse gases emissions, added value from agriculture, renewable energy consumption, and economic growth based on a panel consisting of 11 states from the Central and Eastern Europe (CEECs) in the period between 2000 and 2017. The Autoregressive Distributed Lag (ARDL) method was used to estimate the long-term relationships among the variables. Also a Granger causality test based on the ARDL – Error Correction Model (ECM) and a Pairwise Granger causality test were used to identify the causality relationship and to detect the direction of causality among the variables. The results obtained reveal, in the long term, two bidirectional relationships between agriculture and economic growth and two unidirectional relationships from agriculture to greenhouse gas emissions and renewable energy. In the short term, four unidirectional relationships were found from agriculture to all the variables in the model and one unidirectional relationship from renewable energy to greenhouse gas emissions.

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