scholarly journals THE IMPACT OF THE PANDEMIC LOCKDOWN ON AIR POLLUTION, HEALTH AND ECONOMIC GROWTH: SYSTEM DYNAMICS ANALYSIS

2020 ◽  
Vol 73 (11) ◽  
pp. 2332-2338
Author(s):  
Vladyslav A. Smiianov ◽  
Oleksii V. Lyulyov ◽  
Tetyana V. Pimonenko ◽  
Tetyana A. Andrushchenko ◽  
Serhii Sova ◽  
...  
Keyword(s):  
Public Health ◽  
Economic Growth ◽  
Air Pollution ◽  
System Dynamics ◽  
Bibliometric Analysis ◽  
Negative Impact ◽  
Dynamics Analysis ◽  
Growth System ◽  
The Government ◽  
The Impact

The aim of the paper is checking the hypothesis on the linking between consequences of pandemic lockdown and air pollution, public health, and economic growth. Materials and methods: for prediction and modelling of the pandemic lockdown’s impact on the air pollution, health, and economic growth with the system dynamics analysis and software Vensim; for the analysis, the authors used the methods as follows: bibliometric analysis with Scopus Tools Analysis and software VOSviewer. Results: The findings confirmed that the current rate of infected from growing disease was 11%. If quarantine continues the rate of infected from the growing disease will be 15%. If the quarantine cancels the rate of infected from the growing disease will be 5%, and the declining of GDP increment will be higher, than in scenario with quarantine. Conclusions: The findings confirmed the hypothesis that lockdown has the negative impact on the economic, social, and ecological growth of the country. At the same time, in the case, if the government cancel the quarantine, the declining of GDP increment will be higher, and the rate of infected from the growing disease will be the highest – 15%. In this case, the government should provide the quarantine regime and strengthen the control of the compliance.

Fiscal Deficit and Economic Growth in Bangladesh

2016 ◽  
Vol 62 (1) ◽  
pp. 31-42 ◽  
Author(s):  
Ebney Ayaj Rana ◽  
Abu N. M. Wahid
Keyword(s):  
Economic Growth ◽  
Budget Deficit ◽  
Negative Impact ◽  
Political Stability ◽  
Ordinary Least Squares ◽  
Policy Implications ◽  
Government Budget ◽  
The Government ◽  
The Impact ◽  
Government Budget Deficit

The economy of Bangladesh is currently going through a period of continuous budget deficit. The present data suggest that the government budget deficit, on average, is nearly 5% of the country’s GDP. This has been true since the early 2000s. To finance this deficit, governments have been borrowing largely from domestic and foreign sources resulting in inflationary pressure on one hand, and crowding out of private investments on the other. During the same period, although the economy has grown steadily at a rate of more than 6%, this growth is less than the potential. This article presents an econometric study of the impact of government budget deficits on the economic growth of Bangladesh. We conduct a time-series analysis using ordinary least squares estimation, vector error correction model, and granger causality test. The findings suggest that the government budget deficit has statistically significant negative impact on economic growth in Bangladesh. Policy implications of our findings include reestablishing the rule of law, political stability in the country, restructuring tax structure, closing tax loopholes, and harmonizing fiscal policy with monetary policy to attract additional domestic and foreign investment.

scholarly journals Analysis of the Impact of Fiscal Policy on Economic Growth in South Africa: VECM Approach

2018 ◽  
Vol 10 (2) ◽  
pp. 231
Author(s):  
Tshembhani Mackson HLONGWANE ◽  
Itumeleng Pleasure MONGALE ◽  
Lavisa TALA
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Fiscal Policy ◽  
Negative Impact ◽  
National Development ◽  
Real Gdp ◽  
Long Run ◽  
Fixed Capital Formation ◽  
The Government ◽  
The Impact

Fiscal policy ensures macroeconomic stability as a precondition for growth at the macro level. This study investigates the impact of fiscal policy on economic growth of South Africa from 1960 to 2014 through a Cointegrated Vector Autoregression approach. It seeks to contribute to the existing literature as well as in designing effective fiscal policy programmes which can propel economic performance. Theresults of the long run estimates revealed that government tax revenue has a positive and significant long run influence on economic growth, whereas the government gross fixed capital formation and budget deficit have a negative impact on real GDP. For that reason, the study recommends that some expansionary fiscal policy measures should be strengthened since they play a very important role in the economy so as to meet the government target of the National Development Plan Vision for 2030.

scholarly journals The Impact of Economic Growth and Air Pollution on Public Health in 31 Chinese Cities

2019 ◽  
Vol 16 (3) ◽  
pp. 393 ◽  
Author(s):  
Ying Li ◽  
Yung-ho Chiu ◽  
Tai-Yu Lin
Keyword(s):  
Public Health ◽  
Economic Growth ◽  
Air Pollution ◽  
Mortality Rate ◽  
Efficiency Index ◽  
Treatment Efficiency ◽  
Two Stage ◽  
Rapid Economic Growth ◽  
Interacting Systems ◽  
The Impact

The rapid economic growth of China in the last twenty years has caused a commensurate rise in atmospheric pollution which has had an impact on both the environment and public health. Since 2013, SO2, CO2 and nitrogen oxide levels have reached a level that may cause climate change and have adverse effects on the health of the local residents. Past environmental efficiency analyses have rarely examined economic development, air pollution and health as interacting systems; therefore, this study used a new two-stage DEA model, the Modified Undesirable EBM Two Stage DEA (Epsilon-Based Measure) to explore the environmental, economic and health efficiencies in thirty-one major cities in China. The results were as follows: while all cities needed to improve their GDP, the environmental efficiencies were continuing to rise in most cities. The health efficiency index indicated that disease efficiency had increased in most cities but declined in one third; therefore, it is necessary to strengthen treatment. The respiratory disease treatment efficiency in most cities was rising, and the room for improvement had significantly reduced. There were improvements in the mortality rate in 15 cities; however, the mortality rate treatment efficiency declined in 11 cities.

scholarly journals SYSTEM-DYNAMIC MODELING OF THE IMPACT OF SOCIAL CAPITAL ON ECONOMIC GROWTH

2021 ◽  
Vol 6 (1) ◽  
pp. 25-32
Author(s):  
Ivona Milić Beran ◽  
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
System Dynamics ◽  
Dynamic Modeling ◽  
Structural Model ◽  
Physical Capital ◽  
System Dynamic ◽  
Mutual Correlation ◽  
Growth System ◽  
The Impact

This paper presents a qualitative and quantitative system-dynamic modeling of the impact of social capital on economic growth. Social capital is the most problematic of all the concepts that determine progress. On a broad conceptual level, there is agreement about the importance of social capital, which has been used to explain differences in progress among nations with similar natural, human and physical capital. Recent research suggests that it is more important to include an explanation of the interaction of economic actors and their organization when measuring progress than to measure progress without the influence of social capital. The purpose of this paper is to develop a system-dynamic model of the impact of social capital on economic growth that will enable better understanding and management of social capital. In order to build a system dynamics model, the paper will: provide an analysis and overview of social capital and system dynamics; develop a system dynamics structural and mental-verbal model of the impact of social capital on economic growth; and develop a mathematical model of economic growth. This will provide a practical insight into the dynamic behavior of the observed system, i.e., analyzing economic growth and observing the mutual correlation between individual parameters. Keywords: social capital, economic growth, system dynamics, structural model

scholarly journals Krisis Global dan Pertumbuhan Ekonomi di Indonesia

2021 ◽  
Vol 10 (1) ◽  
pp. 46-55
Author(s):  
Neli Aida ◽  
Fadeli Yusuf Afif ◽  
Tantri Siwi Peni
Keyword(s):  
Economic Growth ◽  
Negative Impact ◽  
Positive Impact ◽  
Unit Root Test ◽  
The United States ◽  
Global Crisis ◽  
Correction Model ◽  
The Government ◽  
Short Time ◽  
The Impact

This study aims to analyze the impact of the global crisis that occurred in 2008 on economic growth, the trigger for the crisis, namely an increase in credit accumulation in a large amount and in a short time in the United States (US), this increase led to an increase in bad credit so that it was quite large in the world economy. Economic growth, the global crisis, investment, exports, and labor are variables that will be obtained from the Central Statistics Agency, the Investment Coordinating Board, and others. The result of the unit root test and cointegration shows that the Error Correction Model is the chosen model. The results showed that the global crisis had a significant and negative impact on economic growth in Indonesia, while exports, labor, and investment had a significant and positive impact. Therefore, the government must maintain the balance of the economy to prevent a crisis, as well as the need to encourage investment, exports, and human resources to encourage increased economic growth.  

Is Fiscal Deficit Essential for Stimulating Economic Growth in Developing Economies? Theory and Empirical Evidence from India

2021 ◽  
Keyword(s):  
Economic Growth ◽  
Developing Economies ◽  
Negative Impact ◽  
Gdp Growth ◽  
Fiscal Deficit ◽  
Causality Test ◽  
Long Run ◽  
Integration Test ◽  
The Government ◽  
The Impact

The primary purpose of this paper was to assess the impact of fiscal deficit on the economic growth of the Indian economy and find out the causality between fiscal deficit and economic growth from 1981-82 to 2019-20. To analyse the long-run relationship between the variables Johansen Co-integration test was used; after verifying the existence of long-run relationship among variables, the Vector Error Correction Model (VECM) was used, and the Granger Causality test was also used for investigating the direction of causality between pair of variables. The findings of the study supported the ideology of classical economists in which they neglected the government intervention for the growth and development of an economy. The results showed that in long run, fiscal deficit had a significant negative impact on economic growth as one percent increase in fiscal deficit demoted the GDP growth rate by 0.075 percent, whereas in the short run, the impact was also found negative, but it was significant only one lag. Simultaneously, there was unidirectional causality found from fiscal deficit to GDP growth.

scholarly journals Public health management: life expectancy and air pollution

2017 ◽  
Vol 11 (1) ◽  
pp. 111-120 ◽  
Author(s):  
Georgeta-Madalina Meghisan ◽  
Dorin Toma
Keyword(s):  
Public Health ◽  
Air Pollution ◽  
Life Expectancy ◽  
Air Pollutants ◽  
Health Management ◽  
Negative Impact ◽  
Life Expectancy At Birth ◽  
Starting Point ◽  
The Impact ◽  
Public Health Management

Abstract Part of the National Strategy of Sustainable Development from Romania, life expectancy and air pollution indicators have an important role in establishing long term public health management strategies. International scientific literature within the field underlines the strong connection between air pollution and life expectancy. This research study focuses on the impact of greenhouse gas emissions, particulate matter air pollutants, ozone air pollutants on the length of life at 65 years old and life expectancy at birth of the population from Romania. The methods used for research are correlation and linear regression. Our results will be a starting point for further development of public health policies in developing countries, which mostly focus on socio-economic aspects, neglecting the negative impact of air pollution.

scholarly journals The Impact of Natural Resource Rent on Economic Growth of Ghana

2020 ◽  
pp. 1-17
Author(s):  
Opoku Adabor ◽  
Emmanuel Buabeng ◽  
Godred Annobil-Yawson
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Significant Relationship ◽  
Oil And Gas ◽  
Negative Impact ◽  
Positive Impact ◽  
Government Expenditure ◽  
Resource Rent ◽  
The Government ◽  
The Impact

This study examines the effect of oil and gas resource rent on economic growth of Ghana for the period of 2007 to 2019. The study uses the bounds test approach to cointegration within the framework of autoregressive distributed lags model as the estimation strategy. The results from the study revealed that oil resource rent had a negative and significant relationship with economic growth of Ghana. However, gas resource rent had a positive impact on economic growth of Ghana. Furthermore, the study also found that foreign direct investment and exchange rate had significant positive relation with economic growth of Ghana respectively. For government expenditure, it exerts a negative impact on economic growth of Ghana.  Based on the negative and significant relationship with oil resource rent and economic growth of Ghana, it is recommended that the government should reduce taxes on oil industries to help increase the production of oil and gas in Ghana. Furthermore, the study recommends Government and private partnership to ensure effective management of exchange rate fluctuations in Ghana.

scholarly journals Gender Inequality: Dampaknya terhadap Pendapatan Per Kapita (Studi Kasus 33 Provinsi di Indonesia 2011-2019)

2021 ◽  
Vol 1 (1) ◽  
pp. 47-52
Author(s):  
Cita Puspita Sari
Keyword(s):  
Economic Growth ◽  
Women Workers ◽  
Gender Inequality ◽  
Capita Income ◽  
Negative Impact ◽  
National Level ◽  
Per Capita Income ◽  
Per Capita ◽  
The Government ◽  
The Impact

Gender Inequality (gender inequality) is a classic problem in various countries, especially in developing countries like Indonesia. Gender inequality in various fields is considered to hinder economic growth. Slowing economic growth is considered to have a negative impact on income, both at the national level and the per capita level. Researchers are interested in examining per capita income as a proxy for economic growth. Per capita income is a measure of community welfare that is most often used by the government. This study aims to examine the description of gender inequality and per capita income in Indonesia, and analyze the impact of gender inequality on per capita income in Indonesia. The results of descriptive analysis show that there are still gender disparities in all provinces throughout Indonesia in 2011-2019. Furthermore, based on the results of the inference analysis using panel data, this study concludes that gender inequality simultaneously has a significant effect on per capita income. Gender inequality variables that have a partial effect include wages for women workers, women's labor force participation, and gender development

scholarly journals ECONOMIC GROWTH AND EMPLOYMENT IN AGRICULTURAL SECTOR ON POVERTY IN ACEH PROVINCE

TRIKONOMIKA ◽  
2019 ◽  
Vol 18 (1) ◽  
pp. 1
Author(s):  
Reovasimulo Anakusara ◽  
Abd Jamal ◽  
Chenny Seftarita ◽  
Indra Maipita
Keyword(s):  
Economic Growth ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Negative Impact ◽  
Value Added ◽  
Poverty Rate ◽  
Series Data ◽  
Aceh Province ◽  
The Government ◽  
The Impact

This empirical study aims to analyze the impact of economic growth and employment in the agricultural sector on poverty in Aceh Province. The study is conducted on annual time series data for the period of 1995-2017 while to explain the research objectives used Autoregressive Distributed Lag (ARDL) model and Granger Causality. The results found, in the short term, only employment in the agricultural sector has a significant effect on poverty. Meanwhile, in the long term, economic growth has a profound and negative impact on poverty. On the contrary, the absorption of labor in the agricultural sector tends to increase poverty. In addition, the results obtained that economic growth has a unidirectional relationship with employment in the agricultural sector. It was, therefore, suggested that the government should prioritize economic development in regions that have relatively high poverty rate and build an agro-industry in Aceh to increase agricultural value added and also absorb more labor so it can enable to reduce the poverty rate.

Sign in / Sign up

Export Citation Format

Share Document