scholarly journals Economic Growth-Migration Nexus: An Analysis Based on Developing Countries

2016 ◽  
Author(s):  
Haktan Sevinç ◽  
Eda Bozkurt ◽  
Serkan Künü ◽  
Demet Eroğlu Sevinç
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Human Capital ◽  
Brain Drain ◽  
The Other ◽  
International Level ◽  
Economic Literature ◽  
Negative Effects ◽  
Economic Problems ◽  
Negative Effect

Relations between migration and economic growth have been shaped around both positivist and Non-positivist ideas in the economic literature. Approaches based on the Positivist argument mostly views the effect of migration on economic growth through the lens of human capital and brain drain while Non-positivist argument approaches the issue in terms of the negative effects of unqualified labor. On the other hand, increasing migration at the international level has been gaining importance since immigrants create socio-economic problems in both their native and destination countries. In this study, effects of migration, which constitutes and important problem both at the national and the international level, on economic growth were investigated in the light of these approaches. Relations between migration and economic growth in the developing countries were researched through panel data methods. According to the findings of the study, migration has a negative effect on economic growth. Therefore, it can be said that immigration of qualified human capital and brain drain has important consequences for the economic development of countries. This situation undoubtedly implies implementation of policies which directly affects the amount of investment to human capital.

scholarly journals Dynamic Causal Relationships among GDP, Exports, and Foreign Direct Investment (FDI) in the Developing Countries

2013 ◽  
Vol 14 ◽  
pp. 1-19 ◽  
Author(s):  
Mohsen Mehrara ◽  
Amin Haghnejad ◽  
Jalal Dehnavi ◽  
Fereshteh Jandaghi Meybodi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Foreign Direct Investment ◽  
Strong Evidence ◽  
Direct Investment ◽  
The Other ◽  
Fdi Inflows ◽  
Long Run ◽  
Short Run ◽  
Growth Hypothesis

Using panel techniques, this paper estimates the causality among economic growth, exports, and Foreign Direct Investment (FDI) inflows for developing countries over the period of 1980 to 2008. The study indicates that; firstly, there is strong evidence of bidirectional causality between economic growth and FDI inflows. Secondly, the exports-led growth hypothesis is supported by the finding of unidirectional causality running from exports to economic growth in both the short-run and the long-run. Thirdly, export is not Granger caused by economic growth and FDI inflow in either the short run or the long run. On the basis of the obtained results, it is recommended that outward-oriented strategies and policies of attracting FDI be pursued by developing countries to achieve higher rates of economic growth. On the other hand, the countries can increase FDI inflows by stimulating their economic growth.

scholarly journals Development Aid, Economic Growth Volatility and Poverty Volatility in Developing Countries

2021 ◽  
Vol Volume II (December 2021) ◽  
pp. 1-15
Author(s):  
Sèna Kimm GNANGNON
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Development Aid ◽  
Negative Effect ◽  
Growth Volatility

This article has analysed the effect of development aid flows on poverty volatility in developing countries, including through the economic growth volatility channel. Using a sample of 106 countries over the period 1980-2017, and the two-step system Generalized Methods of Moment (GMM) technique, the analysis has shown that development aid flows dampen the positive poverty volatility effect of economic growth volatility: the magnitude of the negative effect of development aid on poverty volatility rises as the degree of economic growth volatility increases. Additionally, development aid exerts a higher negative effect on poverty volatility as countries face higher poverty rates. These findings highlight the importance of development aid for stabilizing poverty rates.

scholarly journals KETERPURUKAN SEKTOR PERTANIAN SEBAGAI POTRET KEGAGALAN INDUSTRIALISASI DI INDONESIA

2015 ◽  
Vol 5 (1) ◽  
Author(s):  
Grendi Hendrastomo *
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Critical Review ◽  
Mass Production ◽  
Social Dynamics ◽  
Agricultural Sector ◽  
Green Revolution ◽  
The Other ◽  
Agricultural Field ◽  
Foreign Investors

Shifting agricultural era to the era of industrialization left many problems, especially in the agricultural sector. Populist policies have on one hand brought the country many industrial investments that force economic growth, but on the other hand reduced the partisanship of country in agricultural sector. Agriculture as the basis for mass production of most Indonesian society has became casualties as part of the green revolution that is full of developing countries‘s propaganda which brings benefit and lead to dependency on developing countries. The downturn actors of agricultural field increased in line with growth of food-estate program to attract foreign investors to explore the agro sector. This article discusses on a critical review of agriculture in Indonesia’s slump that began with the green revolution with their panca usaha tani, starting from the decline of the agricultural sector, static industrial situation until the solutions that might be applied to enhance the economic growth and social dynamics of Indonesia.   Keywords: Industrialisation, Marginalization of Agriculture, Green Revolution

scholarly journals Effect of Institutional Quality and Wealth from Oil Revenue on Economic Growth in Oil-Exporting Developing Countries

2019 ◽  
Vol 11 (13) ◽  
pp. 3635 ◽  
Author(s):  
Adewale Samuel Hassan ◽  
Daniel Francois Meyer ◽  
Sebastian Kot
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Institutional Quality ◽  
Linear Interaction ◽  
Distributed Lag ◽  
Oil Revenue ◽  
Long Run ◽  
Negative Effect ◽  
Short Run ◽  
Oil Wealth

This article investigates the role of institutional quality in the oil wealth–economic growth nexus for 35 oil-exporting developing countries between 1984 and 2016. To achieve this objective, an empirical model was employed with linear interaction between oil wealth and institutional quality, and estimated by means of panel autoregressive distributed lag (ARDL) with a dynamic fixed effect estimator. From the results, a contingent effect of oil wealth on economic growth, both in the long run and in the short run, was established. Specifically, institutional quality was found to mitigate the negative effect of oil wealth on economic growth in the long run, while in the short run, institutional quality was found to enhance the positive effect of oil wealth on economic growth. Furthermore, the results provide the threshold levels of institutional quality, beyond which oil wealth enhances economic growth, both in the long run and in the short run, for the sampled countries. These results suggest that in order for oil-exporting developing countries to benefit from an increase in oil wealth, they must adopt appropriate policy measures to improve their levels of institutional quality and embed their entire oil wealth-generating mechanism in a sound institutional framework. Also of importance is that governments must ensure sustainable development through the benefits of wealth from oil.

THE EFFECT OF THE INFLUX OF FOREIGN LABOUR IN MALAYSIA BY AUGMENTED MRW MODEL

2015 ◽  
Vol 76 (13) ◽  
Author(s):  
Saiyidatul Saadah Ahmad Nizam ◽  
Rohanin Ahmad ◽  
Nur Arina Bazilah Aziz
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Human Capital ◽  
Production Function ◽  
Physical Capital ◽  
Common Phenomenon ◽  
Skilled Labour ◽  
Foreign Labour ◽  
Pros And Cons

There are pros and cons in hiring foreign labour on the economy. The influx of foreign labour is a common phenomenon, but when their involvement is unlimited it will be one serious issue. Malaysia is one of the developing countries where industrial and construction sectors are in need of labour and this has opened up opportunities for foreign labour. Their inflow into Malaysia is increasing every year and this has caused problems such as time-consuming construction due to low-skilled labour and crime problems caused by problematic labour. We augmented Mankiw-Romer-Weil model by isolating the foreign labour element in human capital to find the effect of the influx of foreign labour in Malaysian economic growth. The results from our model show that the employment of foreign labour increases the rate of human capital but decreases the rate of physical capital. Therefore, the level of the production function also decreases.

Time lag analysis of FDI spillover effect

2019 ◽  
Vol 15 (4) ◽  
pp. 629-650 ◽  
Author(s):  
Yilin Zhang ◽  
Zhenyu Cheng ◽  
Qingsong He
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Human Capital ◽  
Technical Efficiency ◽  
Time Lag ◽  
Spillover Effect ◽  
Content Type ◽  
Fdi Spillovers ◽  
Belt And Road ◽  
The Belt And Road

Purpose For the developing countries involving in the Belt and Road Initiative (BRI) with China as the main source of foreign development investment (FDI) and development as the top priority, it appears to attract more and more attention on how to make the best use of China’s outward foreign development investment. However, the contradictory evidence in the previous studies of FDI spillover effect and the remarkable time-lag feature of spillovers motivate us to analyze the mechanism of FDI spillover effect. The paper aims to discuss this issue. Design/methodology/approach The mechanism of FDI spillovers and the unavoidable lag effect in this process are empirically analyzed. Based on the panel data from the Belt and Road developing countries (BRDCs) and China’s direct investments (CDIs) from 2003 to 2017, the authors establish a panel vector autoregressive model, employing impulse response function and variance decomposition analysis, together with Granger causality test. Findings Results suggest a dynamic interactive causality mechanism. First, CDI promotes the economic growth of BRDCs through technical efficiency, human capital and institutional transition with combined lags of five, nine and eight years. Second, improvements in the technical efficiency and institutional quality promote economic growth by facilitating the human capital with integrated delays of six and eight years. Third, China’s investment directly affects the economic growth of BRDCs, with a time lag of six years. The average time lag is about eight years. Originality/value Based on the analysis on the mechanism and time lag of FDI spillovers, the authors have shown that many previous articles using one-year lagged FDI to examine the spillover effect have systematic biases, which contributes to the research on the FDI spillover mechanism. It provides new views for host countries on how to make more effective use of FDI, especially for BRDCs using CDIs.

scholarly journals Role of tourist motivation as mediating variable on visitor decisions at Indonesian tourism village

2021 ◽  
Vol 17 (3) ◽  
pp. 88-98
Author(s):  
Martaleni Martaleni ◽  
Ernani Hadiyati ◽  
Yussi Isna Pertiwi ◽  
Ni Nyoman Kerti Yasa
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Growth And Development ◽  
The Other ◽  
Tourist Attractions ◽  
Economic Growth And Development ◽  
Tourism Sector ◽  
Global Force ◽  
Tourist Village

The tourism sector has become a truly global force for promoting economic growth and development. Therefore, the study of tourism has become an interesting topic for researchers lately. On the other hand, local tourism, generally in developing countries, is often neglected by academics and policymakers. For this reason, this study aims to examine and analyze the role of tourist motivation in mediating accessibility, amenities, and attractions on visiting decisions. This study is a survey research with an explanatory method. The population is tourists who visit the tourism village of Bumiaji, Indonesia, in the low and busy seasons. The population is infinite and the number of respondents who were interviewed is 100 respondents; data were collected by distributing questionnaires to domestic tourists who came from outside the tourist village of Bumiaji, then the data were processed and analyzed using Warp Partial Least Squares. The findings indicate that the effect of accessibility on visiting decisions is not mediated by tourist motivation. This shows that the decision of tourists to visit can be directly influenced by the time and means of transportation available. Meanwhile, the influence of amenities and attractions on the decision to visit is mediated by the motivation of tourists. This means that amenities and attractions can influence a tourist’s decision to visit if there is an urge from tourist to relax or make friends or enjoy the culture at tourist attractions, etc.

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