scholarly journals Effects of Entrepreneurship on Economic Growth in Transition Economies

2013 ◽  
Author(s):  
Mine Gerni ◽  
Murat Nişancı ◽  
Ahmet Alkan Çelik ◽  
Ziya Çağlar Yurttançıkmaz
Keyword(s):  
Economic Growth ◽  
Transition Process ◽  
Developed Countries ◽  
Factors Affecting ◽  
Independent Variables ◽  
Production And Consumption ◽  
Cultural Infrastructure ◽  
High Level ◽  
Relevant Level ◽  
Day By Day

The emphasis on entrepreneurship with the importance for economic growth and development is increasing day by day. This situation is particularly feeding the level of development, but also providing to have high level of economic, social, technological and cultural infrastructure in developed countries. In other words, this is particularly the level of sophistication feeding, but also in developed countries, economic, technological, social and cultural infrastructures are also leading to a high level of entrepreneurship. In other words, more entrepreneurial individuals grow in the country which has economic and social conditions in relevant level and this increase the importance of determination on the performance of economic growth. In this study, until the 1990s, private enterprise was almost zero in 1991 to the former socialist countries with the transition process relations of production and consumption was abandoned from planned economy conditions to in the conditions of market economy. In this aspect, the factors affecting economic growth, entrepreneurship and employment variables are the level of savings. After econometric analysis, all independent variables are found significant and the impacts of those variables on economic growth are examined positive. This showed that entrepreneurship took a place as an important factor on growth performance of countries in development such as labour and capital.

Factors of the circular economy development

2020 ◽  
Vol 13 (4) ◽  
pp. 430-447
Author(s):  
S.V. Ratner
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Resource Constraints ◽  
Developed Countries ◽  
Waste Recycling ◽  
Resource Saving ◽  
Production And Consumption ◽  
Traditional Patterns ◽  
High Level ◽  
Consumption Waste

Subject. Today the circular economy is viewed as a new model of economic growth that allows overcoming resource constraints. Despite the general understanding that environmental problems are the main incentive for the transition to circular models of production and consumption, the underlying factors in the development of this economic model have not been fully studied in modern literature. Are circular production models available only to technologically highly developed rich countries, or, conversely, poverty and a total lack of resources are the best incentive for the development of a circular economy? Objectives. I study the influence of such factors as the general economic and innovative development of the country, as well as the State's innovating activity to form and develop circular models of economic growth. Methods. The research was carried out with methods of econometric modeling. Eurostat data were used as an underlying source of information. Results. The study showed that the high level of the national economic development positively influences the resource efficiency of an economy, but more advanced countries produce more waste in the consumption sector. Production and consumption waste recycling demonstrates better trends in less economically developed countries. Countries with substantial innovation expenditures tend to have more robust municipal and industrial waste recycling technologies, as well as a more effective use of secondary materials. The development of an e-waste recycling system is essentially dependent on government incentives for innovation in this area. Conclusions. The findings can be used for outlining national federal and regional programs for the development of production and consumption waste recycling mechanisms in Russia. Social entrepreneurship and business initiative may appear one of the priority mechanisms spurring the circular economy in Russia through traditional patterns of resource-saving consumer behavior.

scholarly journals Investigating the effects of environmental patents and climate change mitigation technologies on sustainable economic growth in the Middle East

2021 ◽  
Author(s):  
Sadegh Abedi ◽  
Mehrnaz Moeenian
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Middle East ◽  
Climate Change Mitigation ◽  
Developed Countries ◽  
Factors Affecting ◽  
Middle East Countries ◽  
Sustainable Economic Growth ◽  
Change Mitigation

Abstract Sustainable economic growth and identifying factors affecting it are among the important issues which have always received attention from researchers of different countries. Accordingly, one of the factors affecting economic growth, which has received attention from researchers in the developed countries over recent years, is the issue of environmental technologies that enter the economic cycle of other countries after being patented through technology transfer. The current research investigated the role of the environment-related patents and the effects of the patented technological innovations compatible with climate change mitigation on the economic growth and development in the Middle East countries within a specific time period. The required data were gathered from the valid global databases, including Organization for Economic Co-operation and Development and World Bank and have been analyzed using multi-linear regression methods and econometric models with Eviews 10 software. The obtained results with 95% confidence level show that the environmental patents (β = 0.02) and environment management (β = 0.04) and technologies related to the climate change mitigation (β = 0.02) have a significant positive impact on the sustainable economic development and growth rate in the studied countries. Such a study helps innovators and policymakers in policy decisions related to sustainable development programs from the perspective of environmentally friendly technologies by demonstrating the role of patents in three important environmental areas, namely environmental management, water-related adaptation and climate change mitigation, as one of the factors influencing sustainable economic growth.

Economic Growth and Changes in Public Expenditures of the States in the Time of the COVID-19 Pandemic

2022 ◽  
pp. 205-228
Author(s):  
Ferimah Yusufi
Keyword(s):  
Economic Growth ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
World Order ◽  
Developed Countries ◽  
Economic Effects ◽  
Public Expenditures ◽  
Fiscal Policies ◽  
Factors Affecting ◽  
The Public

Fiscal policies are changing due to the conditions required by the COVID-19 pandemic towards the new world order. Under these circumstances, developed countries use their resources for their citizens, and international financial institutions step in for underdeveloped and developing countries with insufficient public resources of their own or are in debt and offer new credit opportunities to these countries. This study aims to analyze how public expenditures, one of the important policies in economic growth and development, will change during and after the COVID-19 pandemic. In light of the findings obtained from the literature review, the economic effects of the pandemic are explained by making a descriptive analysis of secondary data at the levels of country groups classified according to development and income level. Secondly, factors affecting the changes in the public expenditure of countries due to the pandemic were examined, and evaluations are made on the public expenditures in fiscal policies that will ensure the economic recovery and growth of countries after the pandemic.

scholarly journals FISCAL DECENTRALIZATION AND ECONOMIC GROWTH IN SELECTED EUROPEAN COUNTRIES

2017 ◽  
Vol 18 (4) ◽  
pp. 745-757 ◽  
Author(s):  
Neringa SLAVINSKAITĖ
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Fiscal Decentralization ◽  
Developed Countries ◽  
Panel Model ◽  
Development Level ◽  
Multiple Regression Method ◽  
Level Of Economic Development ◽  
High Level ◽  
The Empirical Analysis

The paper analyses the fiscal decentralization effects on economic growth in unitary countries of European Union for the period 2005–2014. The empirical analysis was based on the multiple regression method. The fixed effect panel model was used as framework for the analysis. In order to examine the different impact of fiscal decentralization, the same analysis was applied to subsets of countries categorized into two groups according to countries’ level of economic development. This further analysis found that there is positive relationship between fiscal decentralization and economic growth in low level of economically developing countries and no relationship in high level of economically developed countries. These results suggested that fiscal decentralization is not always instrument for promotion of economic growth, which means that country’s economic development level is an important factor when introducing reform of fiscal decentralization. The originality of this article – new fiscal decentralization index and evaluated fiscal decentralization level influence for countries economic growth.

scholarly journals Degrowth: a proposal to foster a deeply radical socio-ecological transformation

Oikonomics ◽  
2021 ◽  
Author(s):  
Federico Demaria
Keyword(s):  
Economic Growth ◽  
Environmental Impacts ◽  
Environmental Sustainability ◽  
Research Question ◽  
Well Being ◽  
Developed Countries ◽  
Planetary Health ◽  
Production And Consumption ◽  
Industrialised Countries ◽  
Sustainable Recovery

For a sustainable post-Covid-19 recovery strategy, humanity faces two major challenges: 1. Just prosperity: The creation of a resilient and fair economy that delivers prosperity for all; 2. Public and planetary health: protect human health, together with the reduction of environmental impacts below thresholds of planetary boundaries including greenhouse gas emissions. The Covid-19 crisis could represent an opportunity for responses that integrate different goals, or a drawback if some are prioritized without considering their impacts on the others. New kinds of informed solutions are needed to ensure long-term sustainability in social, economic, and environmental terms. This article addresses the research question: How could developed countries manage a sustainable recovery that provides a good life for all within public and planetary health? First, it argues that economic growth is not compatible with environmental sustainability. Green Keynesianism is based on the hypothesis that economic growth can be decoupled from environmental impacts, but this has not happened and it is unlikely to happen. Second, it introduces degrowth as an alternative to green growth. Degrowth challenges the hegemony of economic growth and calls for a democratically led redistributive downscaling of production and consumption in industrialised countries as a means to achieve environmental sustainability, social justice, and well-being. Third, it traces the recent evolution of the term degrowth from an activist slogan to an academic concept. Last, it calls for an alliance of alternatives that could foster a deeply radical socio-ecological transformation.

scholarly journals ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI EKSPOR KOMIDITI NON MIGAS DI INDONESIA TAHUN 1985-2017

2019 ◽  
Vol 2 (3) ◽  
pp. 128
Author(s):  
Rauzatul Ulfa ◽  
Devi Andriyani
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Oil And Gas ◽  
Secondary Data ◽  
Regression Method ◽  
Linear Regression Method ◽  
Factors Affecting ◽  
Independent Variables ◽  
Multiple Linear Regression Method ◽  
The Relationship

This study aims to analyze the Factors Affecting Non-Oil and Gas Commodity Exports in Indonesia in 1985-2017. The data used in this study are secondary data obtained from www.bps.go.id. The method used to analyze the relationship between the independent variables and the dependent variable is the multiple linear regression method. The results of the study partially showed that economic growth had a positive and significant effect on the exports of non-oil and gas commodities in Indonesia, the exchange rate and inflation did not affect the exports of non-oil and gas commodities in Indonesia. Simultaneously, the rate of economic growth and inflation had a positive and significant effect on non-oil and gas commodity exports in Indonesia.

scholarly journals ANALISIS FAKTOR-FAKTOR YANG MEMENGARUHI KORUPSI DI KAWASAN ASIA PASIFIK

2018 ◽  
Vol 5 (2) ◽  
pp. 32-44
Author(s):  
Happy Febrina Hariyani ◽  
Dominicus Savio Priyarsono ◽  
Alla Asmara
Keyword(s):  
Economic Growth ◽  
Urban Population ◽  
Institutional Quality ◽  
Political Stability ◽  
Developed Countries ◽  
Asia Pacific ◽  
Asia Pacific Region ◽  
The Government ◽  
High Level ◽  
The Impact

The phenomenon of corruption is a big problem faced by countries with rapid economic development. The problem is not only faced by developing countries, but also in some developed countries. The factors that cause corruption classified into three broad categories--economic, political and socio-cultural. The high level of corruption in a country can also cause high cost economy that could hamper economic growth through the obstacles that occur in the investment. The purpose of this study is to analyze the factors that affect the level of corruption and to analyze the impact of corruption on economic growth in the Asia Pacific region. The results show that public budget, political stability, and urban population affect the level of corruption. Low institutional quality, indicated by the failure of the government (corruption), has a bad influence on economic growth performance.

scholarly journals Enhancing operational efficiency of Vietnamese textile and garment enterprises in the context of the EVFTA

2021 ◽  
Vol 63 (4) ◽  
pp. 8-12
Author(s):  
Thi Thu Huong Tran ◽  
◽  
Tien Manh Pham ◽  
Keyword(s):  
Economic Growth ◽  
Empirical Research ◽  
Garment Industry ◽  
Operational Efficiency ◽  
Economic Conditions ◽  
Factors Affecting ◽  
Day By Day

The textile and garment industry is one of the main export sectors of Vietnam, contributing significantly to the economic growth of the country. From the beginning, the textile and garment industry is developing day by day and there are changes to adapt to new economic conditions. The EVFTA is considered to be a boost for Vietnamese textile and garment enterprises with many opportunities and challenges. In the new context, these firms need to have more positive changes to take advantage of opportunities that the Agreement brings to improve operational efficiency. This article analyses the opportunities and challenges that the EVFTA brings to the Vietnamese textile and garment enterprises. In addition, empirical research is applied to study the factors affecting the performance of enterprises in this sector, to find out solutions to them improving operational efficiency in the context of the new agreement taking effect.

scholarly journals The Major Driving Factors of Carbon Emissions in China and Their Relative Importance: An Application of the LASSO Model

2021 ◽  
Vol 9 ◽  
Author(s):  
Wai Yan Shum ◽  
Ning Ma ◽  
Xiaomei Lin ◽  
Tingting Han
Keyword(s):  
Economic Growth ◽  
Carbon Emissions ◽  
The Other ◽  
Income Growth ◽  
Relative Importance ◽  
Policy Makers ◽  
Factors Affecting ◽  
Independent Variables ◽  
Policy Interventions ◽  
The World

China is one of the biggest energy consumers and carbon emitters in the world. Understanding the factors affecting carbon emissions is critical for policymakers to control the rising trend of carbon emissions. This paper investigates the relative importance of carbon emissions drivers in China. Literature review has been carried out to determine a set of predominant independent variables; the LASSO model is then introduced to rank the relative importance among the set of independent variables. The results find that 1) carbon emissions were mainly driven by economic growth and energy consumption followed by population size and industrialization; and 2) income growth slowed down carbon emissions during the studied period, but it is the least significant factor among the other factors. The ranking allows policy makers to focus on the most critical contributors to carbon emissions and gives policymakers more flexibility in determining policy interventions.

scholarly journals FACTORS AFFECTING LABOUR PRODUCTIVITY IN BUILDING PROJECTS IN THE GAZA STRIP

2007 ◽  
Vol 13 (4) ◽  
pp. 245-254 ◽  
Author(s):  
Adnan Enshassi ◽  
Sherif Mohamed ◽  
Peter Eduard Mayer
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Gaza Strip ◽  
Labour Productivity ◽  
Cost Savings ◽  
Developed Countries ◽  
Resource Scarcity ◽  
Building Projects ◽  
Factors Affecting ◽  
The Gaza Strip

Productivity remains an intriguing subject and a dominant issue in the construction sector, promising cost savings and efficient usage of resources. Productivity is one of the most important issues in both developed and developing countries. The developed countries are aware of the importance of economic growth and social welfare. The developing countries which face unemployment problems, inflation and resource scarcity seek to utilise resources and in such a way to achieve economic growth and improve citizens’ lives. Productivity is an issue of particular importance to projects located within the Gaza Strip, as it is considered a newly‐developed area, and a huge number of projects have been planned for the near future. The aim of this research is to identify factors affecting labour productivity within building projects, and to rank these factors according to their relative importance from a contractor's viewpoint. The analysis of 45 factors considered in a survey indicates that the main factors negatively affecting labour productivity are: material shortage, lack of labour experience, lack of labour surveillance, misunderstandings between labour and superintendent, and drawings and specification alteration during execution.

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