scholarly journals THE EFFECTS OF DIFFERENTIATED RESERVE REQUIREMENT RATIO POLICY ON THE EARTHQUAKESTRICKEN AREA IN CHINA

2017 ◽  
Vol 17 (3) ◽  
Author(s):  
Guo Xiaohui ◽  
Tajul Ariffin Masron
Keyword(s):  
Data Analysis ◽  
Government Policy ◽  
Panel Data Analysis ◽  
Economic Structure ◽  
Recovery Process ◽  
The Other ◽  
Reserve Requirement ◽  
Bank Of China ◽  
Disaster Area

In June, 2008, the People’s Bank of China (PBC) decided to implement Differentiated ReserveRequirement Ratio (DRRR) policy in the earthquake-stricken counties in Sichuan province in orderto help the reconstruction of these areas which suffered the big earthquake. The purpose of thisstudy is to examine the role of this DRRR policy on the disaster area. This paper compares theeffects of DRRR policy on the earthquake-stricken counties with that of the normal ReserveRequirement Ratio (RRR) on the other counties using panel data analysis during 2008-2011. Theresults confirm that this preferential DRRR policy can really quicken the recovery process in theearthquake-stricken counties. This DRRR policy reflects that the PBC starts to use differentiatedmonetary policy to guide credit funds flow to the area which government policy focus on. Monetarypolicy begins to play a role in adjusting and optimizing economic structure. Due to large regionaldisparity, the PBC can consider expand the application of this DRRR policy to more less developedregions to make a more coordinated regional economic development in China.Keywords: Differentiated Reserve Requirement Ratio; Earthquake-stricken Counties; Panel DataAnalysis.

Financial Development and Economic Growth

2015 ◽  
pp. 233-245
Author(s):  
Filiz Eryılmaz ◽  
Hasan Bakır ◽  
Mehmet Mercan
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
New Zealand ◽  
Financial Development ◽  
Positive Relationship ◽  
Panel Data Analysis ◽  
Annual Data ◽  
The Subject ◽  
The Relationship

The relationship between financial development and economic growth has been the subject of considerable debate in development and growth literature. Therefore this chapter provides evidence on the role of financial development in accounting for economic growth in 23 OECD countries (Italy, Japan, Luxemburg, Holland, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, England, USA, Australia, Austria, Belgium, Canada, Denmark, Finland, Turkey, France, Germany, Greece, Iceland) via panel data analysis using the annual data for the period 1980-2012. The authors find a positive relationship between financial development and economic growth for all countries. Also this result means that financial development leads economic growth in these countries. So the results may help policymakers formulate effective financial sector policies as a tool to promote economic growth.

scholarly journals The role of exchange rate for current account: A panel data analysis

EconomiA ◽  
2020 ◽  
Vol 21 (1) ◽  
pp. 57-72
Author(s):  
Flávio Vilela Vieira ◽  
Ronald MacDonald
Keyword(s):  
Exchange Rate ◽  
Data Analysis ◽  
Panel Data ◽  
Current Account ◽  
Panel Data Analysis

scholarly journals The Determinants of Total Factor Productivity in Polish Subregions. Panel Data Analysis

2013 ◽  
Vol 15 (4) ◽  
pp. 17-29 ◽  
Author(s):  
Barbara Dańska-Borsiak ◽  
Iwona Laskowska
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Data Analysis ◽  
Panel Data Analysis ◽  
Factor Productivity ◽  
Factors Affecting ◽  
Tfp Growth ◽  
Long Run

The significant role of TFP in stimulating the long-run economic development induces researchers to seek for the sources of the TFP growth. The mail goals of the paper are: to estimate the level of TFP in the years 2003-2009 at the level of subregions, and to define the factors which determine this estimated TFP level. The first hypothesis being verified is, that the role of the quality of human capital in stimulating long-run economic growthis crucial and can be measured by the model. The second hypothesis is, that there are some factors affecting the TFP level which are common in all subregions.

Choosing Organic and Healthy Food in Times of Economic Uncertainty: Evidence from Panel Data Analysis in France

2018 ◽  
Vol 17 (1) ◽  
Author(s):  
Houcine Akrout ◽  
Joseph Kaswengi
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Panel Data Analysis ◽  
Economic Uncertainty ◽  
Macroeconomic Conditions ◽  
Organic Products ◽  
Product Choices ◽  
Marketing Variables ◽  
Moderating Role

Abstract Organic and healthy products are becoming more prevalent in markets worldwide, but limited research investigates how consumers choose among these products. This article considers relationships among price, product quality, assortment, and staff service that might affect consumer product choices, as well as a moderating role of macroeconomic conditions. The most important drivers of a choice of organic over healthy products are assortment and service. This study also reveals a distinction between organic and healthy products resulting from the interaction of marketing variables with macroeconomic contexts, such that crisis periods can prompt the cannibalization of healthy products by organic products.

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