scholarly journals Special Economic Zone at the Crossroads: The Case of Batam

2017 ◽  
Vol 21 (2) ◽  
pp. 132 ◽  
Author(s):  
Adiwan F. Aritenang
Keyword(s):  
Economic Growth ◽  
Path Dependence ◽  
Manufacturing Sector ◽  
Local Development ◽  
Institutional Setting ◽  
Free Zone ◽  
New Development ◽  
Development Paths ◽  
The Impact ◽  
The City

The establishment and development of Batam are very much related to Indonesia’s development itself. Considering its strategic location, since the 1970s, the Indonesian government has planned and developed Batam to catch economy spillovers from Singapore. The decentralization induces new development paths through critical juncture restructure the institutional setting in the Batam government and innovation of ICT by the Batam Indonesia Free Zone Authority (BIFZA leaders. These new paths introduce new development trajectories for Batam that has relied on manufacturing and infrastructure for its economic development. The paper analyses the impact of the political economy shift on Batam’s economic growth. Using historical institutionalism, the paper argues that the city exhibit urban economy resilience as, despite national politico-economy turbulence, the city creates new opportunities for alternative economic growth channels. The innovation, knowledge accumulation and strong informal ties allow the ICT sector to emerge as the driver of economic growth, adding to the manufacturing sector. This shows the importance of technology adaptation to avoid institutional lock-in and path dependence for local development.

scholarly journals Sustainable Tourism, Economic Growth and Employment—The Case of the Wine Routes of Spain

2021 ◽  
Vol 13 (13) ◽  
pp. 7164
Author(s):  
Guillermo Vázquez Vicente ◽  
Victor Martín Barroso ◽  
Francisco José Blanco Jiménez
Keyword(s):  
Economic Growth ◽  
Economic Impact ◽  
Rural Areas ◽  
Local Development ◽  
Tourism Industry ◽  
Wine Tourism ◽  
Development Tool ◽  
The Us ◽  
The Impact ◽  
Positive Effect

Tourism has become a priority in national and regional development policies and is considered a source of economic growth, particularly in rural areas. Nowadays, wine tourism is an important form of tourism and has become a local development tool for rural areas. Regional tourism development studies based on wine tourism have a long history in several countries such as the US and Australia, but are more recent in Europe. Although Spain is a leading country in the tourism industry, with an enormous wine-growing tradition, the literature examining the economic impact of wine tourism in Spanish economy is scarce. In an attempt to fill this gap, the main objective of this paper is to analyze the impact of wine tourism on economic growth and employment in Spain. More specifically, by applying panel data techniques, we study the economic impact of tourism in nine Spanish wine routes in the period from 2008 to 2018. Our results suggest that tourism in these wine routes had a positive effect on economic growth. However, we do not find clear evidence of a positive effect on employment generation.

scholarly journals The Impact of Turning Jordan into an Economic Free Zone on the Flow of Foreign Investments

2018 ◽  
Vol 13 (12) ◽  
pp. 61
Author(s):  
Ahmad Y. Areiqat ◽  
Hanan Ibrahim
Keyword(s):  
Economic Growth ◽  
Civil Wars ◽  
Social Life ◽  
Positive Impact ◽  
Relevant Literature ◽  
Foreign Investments ◽  
Investment Environment ◽  
Free Zone ◽  
Governmental Institutions ◽  
The Impact

Purpose: The purpose of this study is to show that turning Jordan into an economic free zone will lead to a significant increase in foreign investments. This increase, in turn, will lead to an economic growth and to a reduction in the unemployment rate. Jordan is a developing country and any successful investments in the economy sector will have a positive impact on the quality of the social life of its people. This is particularly important now in view of the economic pressure that Jordan is going through as a result of the presence of a huge number of immigrants who have fled the civil wars in neighboring countries.  Methodology: This study has utilized the relevant literature by way of evaluating the benefits of establishing economic free zones in Jordan. Many of the findings are based on analyzing statistical information published by governmental institutions in Jordan. Findings: Jordan offers an attractive investment environment due to the security and stability it enjoys compared with other countries in the Arab region. As such, it has succeeded in establishing new economic free zones through partnership with foreign investors. This has led to a significant increase in the flow of more foreign investments in Jordan. The present study shows that turning the whole of Jordan into an economic free zone will lead to yet a further increase of foreign investments, and hence to more empowerment of the economic sector. Limitations:  The quantitative data available is limited to the years 1999-2007. Value: The findings of this study can be a point of departure for researchers and economic decision-makers in Jordan to prepare economic plans with the purpose of attracting foreign investments and hence promoting economic growth in the country.

scholarly journals An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth

2021 ◽  
Vol 275 ◽  
pp. 01004
Author(s):  
Liu Ran
Keyword(s):  
Economic Growth ◽  
Industrial Structure ◽  
Random Effect ◽  
Random Effect Model ◽  
Infrastructure Investment ◽  
National Bureau ◽  
Agricultural Field ◽  
Effect Model ◽  
New Development ◽  
The Impact

In this paper, using the panel data of the National Bureau of Statistics database from 2010 to 2019, and using the random effect model, we studied the impact of agricultural infrastructure investment on economic growth. The empirical results show that the investment in agricultural infrastructure can significantly improve the national economy, among which the investment in new infrastructure promotes the economic growth to a certain extent. After comparing the eastern, central and western regions, it is found that the investment in agricultural infrastructure in the western region contributes more to the economic growth, and the statistical results are more significant. Based on the analysis of the role of agricultural infrastructure investment in promoting economic growth, this paper will further discuss the relevant suggestions of the “two new and one heavy” policy in the agricultural field, and promote the adjustment of agricultural industrial structure with the improvement of agricultural infrastructure, and promote the formation of a new development pattern of “double circulation”.

scholarly journals THE CONTRIBUTION OF MIGRATION TO ECONOMIC GROWTH: THE EXAMPLE OF THE CITY OF ZAGREB

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Vinko Miličević ◽  
Danijel Knežević ◽  
Zoran Bubaš
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Activity ◽  
Economic Benefits ◽  
Gdp Per Capita ◽  
The European Union ◽  
Per Capita ◽  
The Republic ◽  
The Impact ◽  
The City

The problems in this paper belong to the field of migration and economy. The connection between migration and the economy has been proven on a global level, and as far as the Republic of Croatia is concerned, it is especially important to observe it through the City of Zagreb, which is the most important migration and economic center in the Republic of Croatia. Also, the accession of the Republic of Croatia to the European Union emphasized the observation and research of this connection because it created the preconditions for freer movement and employment of the population of the Republic of Croatia and the City of Zagreb within the European Union. The aim of this paper is to determine the contribution of migration to the economic growth of the City of Zagreb. The hypothesis presented in the paper is that there is a significant contribution of migration to the economic growth of the City of Zagreb. The disposition of the paper consists of six parts. The introduction explains the relevance of the topic, states the aim of the paper and hypotheses, explains the empirical part, the contribution of the paper and the disposition. The second part of the paper refers to the theoretical framework of the impact of migration on economic growth. The third part of the paper presents the migration processes of the City of Zagreb in the period from 2011 to 2018. The fourth part deals with economic activity in the City of Zagreb in the period from 2011 to 2017. The observed indicators of economic activity in the City of Zagreb are GDP and GDP per capita, and the graph in this part of the paper shows that GDP and GDP per capita in the observed period are higher at the end of the period than at the beginning. The fifth part of the paper refers to the empirical research of the contribution of migration to the economic growth of the City of Zagreb. The empirical part of the paper is based on correlations and regression analyses. This paper proves the hypothesis because the results indicate a significant impact of the variables of total and external migration on the GDP of the City of Zagreb and GDP per capita of the City of Zagreb. Decision-makers in the City of Zagreb can use the results of the research as a basis for maximizing the economic benefits they can get from migration. The conclusion provides an overview of the aim of the work, the results of the research, the limitations, the implications and the recommendations for future research.

scholarly journals ANALISIS POTENSI DAN EFEKTIVITAS PAJAK HOTEL DAN RESTORAN SERTA DAMPAKNYA TERHADAP PAD DAN PERTUMBUHAN EKONOMI DI KABUPATEN MINAHASA

2019 ◽  
Vol 19 (6) ◽  
Author(s):  
Jessy V. Tiwang ◽  
Debby Ch. Rotinsulu ◽  
Daisy S.M. Engka
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Positive Impact ◽  
Tax Collection ◽  
Local Revenue ◽  
Starting Point ◽  
The Impact ◽  
The City

ABSTRAK             Pembangunan ekonomi daerah khususnya Pemerintah Kota merupakan titik awal pelaksanaan pembangunan, sehingga daerah diharapkan bisa lebih mengetahui potensi dan apa yang menjadi kebutuhan daerahnya salah satunya peningkatan Pendapatan dan Pertumbuhan ekonomi melalui proses pemugutan pajak Hotel dan Restoran guna dampak sesuai yang diharapkan.            Dalam penelitian ini bertujuan untuk menganalisis potensi dan efektivitas Pajak Hotel dan Restoranserta dampaknya terhadap Pendapatan Asli Daerah dan Pertumbuhan Ekonomi di Kabupaten Minahasa.            Berdasarkan hasil penelitian menunjukkan bahwa Pajak Hotel dan Restoran masih kurang berpotensi, sementara untuk tingkat efektivitas, Pajak Hotel dan Restoran menunjukkan angka yang efektif yakni rata-rata diatas 100%, dan secara bersama variabel Pajak Hotel dan Restoran memberikan pengaruh yang positif terhadap Pendapatan Asli Daerah, begitu pula secara bersamaan variabel Pajak Hotel dan restoran serta Pendapatan Asli Daerah memberikan pengaruh yang positif terhadap tingkat pertumbuhan ekonomi yang ada di Kabuaten Minahasa. Kata Kunci : Pendapatan Asli Daerah, Pertumbuhan Ekonomi, Pajak Hotel dan Restoran  ABSTRACT             Economic development areas especially the city is the starting point of construction , so that the regions is expected to be more aware of their potential and what has been one of the needs of the regions increase in income and economic growth through a tax collection hotel and restaurant to the impact as expected.            In this study aims to to analyze the all the potential and the effectiveness of tax hotel tax and restoranserta what effect it had on the regional genuine income and economic growth in kabupaten Minahasa .            Based on the research shows that hotel and restaurant tax potential is weak , while the effectiveness , hotel and restaurant tax shows a figure that is effective and above 100% , and together the hotel and restaurant tax positive impact on local revenue , this is also at the same time the hotel and restaurant tax and local revenue positive impact on the economic growth is in kabupaten Minahasa . Keyword : Local revenue, economic growth, hotel and restaurant taxes

scholarly journals Resilience and Path Dependence: A Comparative Study of the Port Cities of London, Hamburg, and Philadelphia

2020 ◽  
pp. 009614422092509
Author(s):  
Carola Hein ◽  
Dirk Schubert
Keyword(s):  
Path Dependence ◽  
Private Investment ◽  
Port City ◽  
National Interests ◽  
New Locations ◽  
Private And Public ◽  
Development Paths ◽  
City State ◽  
The City

Port spaces, functions, and interests have shaped the growth and development of many cities around the world. At times, different stakeholders—private and public, local, regional, national and global—have collaborated to assure the continuity of port functions in old and new locations and, if the port relocates or if that effort fails, to redevelop former port spaces. Through the lens of port- and city-related urban developments in London, Hamburg, and Philadelphia, this article explores the multiple conditions that are part of port city resilience. It uses historical institutionalism as a theoretical framework for understanding these long-term changes, particularly in institutional and governance dynamics. It shows that the development paths of port and city spaces and the actors who shape them are not always aligned. Through the case of London, it shows a development path that is led by private investment building and relocating a world-class port and administrating it from the city center, while local and national institutions only intervene to balance spatial or social short-comings of the private actors. The case of the city-state Hamburg illustrates the development of shared port-city paths under long-term public leadership that has provided direction for the expanding port as well as for the growing city. In the case of Philadelphia, national interests, the Navy, and private investments played an important role in the creation of port infrastructure and, later, in the largely failed transformation of former port areas into public waterfronts. As shipping elites left the city and new land-based employers emerged, such as the University of Pennsylvania, the port-city path was partly discontinued. The article concludes by pointing to the expected capacity of each of these cities to address future challenges. Awareness of historical practices can help readers understand where current conditions may stand in the way of innovative solutions.

scholarly journals Modeling the impact assessment of agricultural sector on economic development as a basis for the country’s investment potential

2019 ◽  
Vol 16 (3) ◽  
pp. 229-240
Author(s):  
Alina Bukhtiarova ◽  
Arsen Hayriyan ◽  
Victor Chentsov ◽  
Sergii Sokol
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Agricultural Sector ◽  
Negative Impact ◽  
Manufacturing Sector ◽  
Value Added ◽  
The Cost ◽  
The Impact

In the context of countries integration into the world economic space, agricultural sector is one of the priorities and strategically important sectors of the national economy. Development of instruments aimed to increase investment potential of this sector is therefore an important component of the country’s economy growth. The article proposes a science-based model of the impact of the agricultural sector on the economic development level of countries trying to move towards European integration.It was found that the employment rate (+58.4) has the largest influence on the rate of GDP change in the studied group of countries (Ukraine, Moldova, Georgia, Armenia). The impact of the gross value added of the manufacturing sector on its economic growth is positive (+44.6). The negative foreign direct investment ratio in the model (–40.3) may be due to the fact that the indicator in the studied countries is still largely influenced by the intervention of the state mechanism, significant uncertainty and risk, which is a deterrent to the overall economic development. An important result of the study was that foreign direct investment had a negative impact on economic growth in developing countries. Further development of the investment potential of a country’s agricultural sector provides for a radical acceleration of scientific and technological progress and, on this basis, a reduction in the cost of a unit of agricultural products and food and an increase in their competitiveness in the domestic and world markets.

scholarly journals ANALISIS DAMPAK SEKTOR INDUSTRI MANUFAKTUR, KEMISKINAN DAN BELANJA PEMERINTAH BIDANG LINGKUNGAN TERHADAP KUALITAS AIR DI INDONESIA

2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Azanul Akbar Lubis
Keyword(s):  
Economic Growth ◽  
Water Quality ◽  
Negative Impact ◽  
Manufacturing Sector ◽  
Government Expenditure ◽  
Well Being ◽  
Industrial Sector ◽  
Regional Budget ◽  
The Impact ◽  
Positive Effect

Manufacturing sector is one of the sectors that contribute to economic growth in Indonesia. Results of these contributions is the changing structure of the Indonesian economy from agriculture to the industrial sector. And poverty in Indonesia which is one indicator of well‐being in an area tend to be in 2000 to 2010 has a pattern that tends to decline, although not very significant. Of 2 (two) variables, namely the Manufacturing Sector and Poverty, the author tries to determine the impact of variables on water quality in Indonesia, by adding variable Expenditures Environmental Affairs as variables that also impact the water quality in Indonesia. Manufacturing Sector GDP, the number of poor, Regional Budget (APBD) Environmental Field, each is used as a proxy for the manufacturing sector, poverty and Environment Sector Government expenditure. The data is compiled based on 28 provinces in Indonesia in 2009, 2010 and 2011. The results obtained showed that the industrial sector and poverty have a negative impact on water quality while Government Expenditure Environment Sector positive effect on water quality in Indonesia.

scholarly journals O CICLO MINERAL E A URGÊNCIA DE POLÍTICAS DE DESENVOLVIMENTO LOCAL: o caso do município de Parauapebas no sudeste do Estado do Pará

2015 ◽  
Vol 18 (2) ◽  
pp. 603
Author(s):  
José Raimundo Barreto Trindade ◽  
Wesley Pereira de Oliveira ◽  
Gedson Thiago Do Nascimento Borges
Keyword(s):  
Necessary Conditions ◽  
Local Development ◽  
Mineral Exploration ◽  
Local Economy ◽  
Demographic Expansion ◽  
Rapid Urbanization ◽  
Development Policies ◽  
The Impact ◽  
The City ◽  
Shed Light

Este artigo analisa o caso do município de Parauapebas no estado do Pará, porém sem descurar do seu entorno, centrado nas condições de desenvolvimento econômico do espaço territorial e as contradições sociais estabelecidas. O objetivo do artigo é lançar luz sobre as contradições do acelerado processo de crescimento econômico e demográfico decorrente do ciclo de acumulaçãomineral e as necessárias condições de estabelecimento de políticas locais que ensejem uma dinâmica de desenvolvimento distinta da atual base de exploração mineral. Primeiramente aborda a expansão demográfica e a acelerada urbanização; a seção seguinte trata especificamente dos aspectos de empregabilidade e os impactos da mineração sobre o mercado de trabalho; a terceira seção analisa o ciclo extrativista mineral e suas limitações; a quarta seção trata das repercussões sobre a renda local e o produto interno bruto; finalmente, na última seção, trata especificamente das políticas de desenvolvimento local, tendo a tese central de que é necessário desde já preparar a economia local para uma possível transição do ciclo mineral.Palavras-chave: Parauapebas, mineração, desenvolvimento local.THE MINERAL CYCLE AND THE URGENCY OF LOCAL DEVELOPMENT POLICIES: the case of the city of Paraupebas in the southeast of the state of ParáAbstract: This article analyzes the case of the municipality of Parauapebas in Para State, but without neglecting its surroundings,focusing on the conditions of economic development of territorial space and social contradictions established. The purpose of this article is to shed light on the contradictions of the accelerated economic and demographic growth due to the cycle of accumulationand mineral necessary conditions for the establishment of local political dynamics that cause development distinct from the currentbase of mineral exploration. The article is divided into five parts. In the first section we discuss the demographic expansion and rapid urbanization, the second section deals specifically with the issues of employability and the impacts of mining on the labor market,the third section is intended to analyze the mineral extractive cycle and its limitations, the fourth section deals with the impact on local income and gross domestic product, and finally, in the fifth section, it is specifically the local development policies, much as propositions and having the central thesis that is needed now to prepare the local economy for a possible transition of the mineral cycle,including seeking to use the current momentum to structure a sustainable pattern of production bases in endogenous development.Key words: Parauapebas, mining, local development.

scholarly journals The Differential Effects of Foreign Investments on Sectoral Growth

CONVERTER ◽  
2021 ◽  
pp. 674-688
Author(s):  
Cheng Hui Fang, Agbanyo George Kwame
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Service Sector ◽  
Manufacturing Sector ◽  
Generalized Method Of Moments ◽  
Economic Sectors ◽  
Differential Effects ◽  
Agriculture Sector ◽  
Sectoral Growth ◽  
The Impact

Previous studies on the effect of FDI on sectoral growth are far from reaching a consensus. This paper, using a panel data of 35 countries between 1990-2019, aims at investigating the differential effects of foreign direct investment modes of entry into the economic sectors. Through the systems generalized method of moments methodology, this study found that the impact of foreign investment on growth corresponds directly with the absorptive capacity of the host country. Meanwhile,M&A is a better economic booster than greenfield investment. The results also suggest that foreign investment is a significant agent of economic growth in the service sector, relatively weak in the manufacturing sector and insignificant in the agriculture sector. Also, M&A seems to spillover more easily than greenfield across sectors, and natural resources are not very good channels to transmit foreign investment into economic growth.

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