scholarly journals Women Entrepreneurship in Transition Economies: The Causality Relationship with Economic Growth

2021 ◽  
Author(s):  
İkram Yusuf Yarbaşı ◽  
Adem Türkmen
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Production Process ◽  
Market Mechanism ◽  
Production Factor ◽  
Causality Test ◽  
Cross Sectional ◽  
Women’S Entrepreneurship ◽  
Production And Distribution ◽  
Women's Entrepreneurship

Especially in the structures where women are excluded from socioeconomic life parallel to the traditional understanding of society, the burden has remained on men as a factor of production. However, as women started to be included in the production process as a production factor in parallel with getting rid of this shackle, societies that experienced an increase in the labor force stock gained a greater advantage than societies that could not achieve this. On the other hand, not only in terms of the workforce but also with its entrepreneurial dimension, the factor of women leads to significant progress in economic development. In other words, it is clear that entrepreneurship in general and women's entrepreneurship, which is an excluded factor in many societies in particular, has higher effects on economic growth and development. Since the market mechanism was not known due to the public power that carried out production and distribution in the former socialist countries that went through the transition from socialism to capitalism, the process was built by trial and error. Beyond the perspectives that perceive women as non-production, the claim that not seeing women as planning the independent production process would be an obstacle to economic development has been analyzed on 18 former socialist countries. Considering the cross-sectional dependency and heterogeneity problems of the data used in the study, the panel Grenger Causality test was conducted. In the findings obtained, it has been determined that there is a one-way causal relationship from women's entrepreneurship to economic growth.

scholarly journals Influence of Tourism on Economic Development in Asian Countries

2020 ◽  
Vol 5 (2) ◽  
pp. 207-216
Author(s):  
Wen-Chuan FU ◽  
◽  
Chia-Jui PENG ◽  
Tzu-Yi YANG ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Global Economy ◽  
Tourism Industry ◽  
Asian Countries ◽  
Cross Sectional ◽  
Rate Fluctuation ◽  
National Economic ◽  
International Entry ◽  
The Relationship

Although the tourism industry has recorded the lowest pollution, it significantly contributes to the global economy. Therefore, many countries have spent great efforts in promoting their tourism industry to support their entire economic development. This article considers factors related to the relationship between national economic growth and international entry tourism for 11 Asian countries to investigate the existence of the cross-sectional difference between these countries. Results show that exchange rate fluctuation is an alternative factor affecting economic growth risk, and common slope exists between countries. Moreover, international entry tourist headcount and income show differential slope in some countries, implying that these factors affect the economies of different Asian countries differently.

scholarly journals Economic Development

2019 ◽  
Author(s):  
Dhina Vadyza
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Distribution ◽  
Urban Areas ◽  
Gini Index ◽  
Production Factor ◽  
Real Economy ◽  
Long Run ◽  
Per Capita ◽  
Capita Output

Economic growth is a process of increasing per capita output that occurs continuously in the long run. Economic growth is one indicator of the success of development. Increasingly increasing economic growth usually increases people's welfare. While economic development is an effort to increase per capita income by processing potential economic forces into the real economy through investment, increasing knowledge, increasing skills, using technology, adding management skills and organizing.Economic growth is also related to the increase in "per capita output". The theory must include theories about GDP growth and theories about population growth. Then the third aspect is economic growth in a long-term perspective, that is, if for a long period of time the per capita output shows an increasing tendency.The distribution of income distribution in Indonesia is increasingly uneven. This can be seen from the increasing Indonesian Gini Index. As is known, the Gini index measures the income distribution of a country. The size of the Gini index Between 0 (zero) to 1 (one), the Gini index Equal to 0 (zero) indicates the index that the income distribution is perfectly equal, while the Gini index is 1 (one ) shows that the income distribution is totally uneven. Based on the data, the Indonesian Gini index continues to increase from year to year.The state of income distribution in Indonesia since 1970 can be said not to improve, this is caused by many factors, including the First production factor market (input market) which is the increase in labor supply which results in excess labor, low labor wages and limited employment opportunities in urban areas resulting in unemployment and urban slums.Second, land ownership. Land distribution is the main determinant of the extent of poverty and income distribution.

Does transportation infrastructure impact economic growth in India?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sreenu Nenavath
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Positive Impact ◽  
Transport Infrastructure ◽  
Causality Test ◽  
Content Type ◽  
Long Run ◽  
Short Run ◽  
The Government ◽  
Determinants Of Economic Growth

Purpose This paper aims to show a long run and causal association between economic growth and transport infrastructure. Design/methodology/approach In this study, the authors use ARDL models through the period 1990 – 2020 to investigate the relationship between transport infrastructure and economic growth in India. Findings The infrastructure has a positive impact on economic growth in India for the long run. Moreover, Granger causality test demonstrates a unidirectional relationship between transport infrastructure to economic development. Stimulatingly, the paper highlights the effect of air infrastructure statistically insignificant on economic growth in the long and short-run period. Originality/value The original outcome from the study delivers an inclusive depiction of determinants of economic growth from transport infrastructure in India, and these findings will help the policymakers to frame policies to improve the transport infrastructure. Hence, it is proposed that the government of Indian should focus more to upsurge the transport infrastructure for higher economic development.

scholarly journals Stock Market and Economic Development: a Causality Test

2007 ◽  
Vol 3 (1) ◽  
pp. 36-44 ◽  
Author(s):  
Surya Bahadur G.C. ◽  
Suman Neupane
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Stock Market ◽  
Time Series Data ◽  
Series Data ◽  
Causality Test ◽  
Stock Market Development ◽  
Business Studies ◽  
Long Run ◽  
Made In

ABSTRACT An attempt has been made in this paper to examine the existence of causality relationship between stock market and economic growth based on the time series data for the year 1988 to 2005 using Granger causality test. The study finds the empirical evidence of long-run integration and causality of macroeconomic variables and stock market indicators even in a small capital market of Nepal. The causality has been observed only in real terms but not in nominal variables. In econometric sense, it depicts that the stock market plays significant role in determining economic growth and vice versa. Interestingly, the causation is evident with a lag of 3 to 4 years. Also, the paper reveals the importance of stock market development for fostering economic development. Journal of Nepalese Business Studies 2006/III/1 pp. 36-44

scholarly journals Conceptual Bases of Full Realization of Women's Labour and Entrepreneurial Activity

2021 ◽  
Vol 58 (2) ◽  
pp. 237-240
Author(s):  
Zulfiqarova Dilfuza Gulomjanovna Et al.
Keyword(s):  
Economic Development ◽  
Poverty Rate ◽  
Economic Life ◽  
Entrepreneurial Activity ◽  
Poor People ◽  
Women’S Entrepreneurship ◽  
The World ◽  
Women's Entrepreneurship ◽  
The Difference ◽  
Entrepreneurial Activities

Today, the problem of poverty has emerged as a global problem in all countries of the world. Due to the difference in economic development, poverty is different and has a relative meaning. Prevention and reduction of poverty and improving the quality of life of the people, increasing the interest and aspirations of women in women's entrepreneurship, creating favorable conditions for the development of their entrepreneurial activities are the main foundations of today's reforms. In a country where there is a gap between the incomes of the population, it is clear that there will be poor people. Therefore, poverty cannot be eradicated, but it can be reduced through the development of entrepreneurship. The poverty rate is inversely proportional to the economic level of the country, i.e., in developed economies, the poverty rate is low, and in weak economies it is high. The whole world has turned its attention to solving this problem. The accession of the Republic of Uzbekistan to global economic processes requires more active participation of women in the economic life of the country. Entrepreneurship is becoming an independent factor of women's sexual freedom in the economic sphere. At a time when society is renewing and entering the world economy, the development of women's entrepreneurship is encouraged. This is the main source of development of the real sector of the economy. Through the socio-economic development of women's entrepreneurship, it is possible to observe a certain positive effect on achieving sustainable economic development of the country, especially in the prevention of poverty. This article highlights the role of women's entrepreneurship in the country's economy and the problems in its development and their solutions, conclusions and recommendations.

scholarly journals Human Capital and the Level of Economic Development

2018 ◽  
Vol 14 (2) ◽  
pp. 31
Author(s):  
Rewat Thamma-Apiroam
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Developed Countries ◽  
Causality Test ◽  
Capital Growth ◽  
Level Of Economic Development ◽  
The Government ◽  
The Relationship ◽  
Developing And Developed Countries

This study aims at testing the causal relationship between human capital via the government spending share on education and economic growth using cross-country evidence and investigating the relationship pattern between such human capital – growth and the level of economic development based on 30 country data. The study employs a standard approach through uniting root test and Granger causality test. The data is annually collected during the periods 1983 – 2012, totaling to 30 observations. The finding indicates that for both developing and developed countries, education human capital cannot explain much the economic growth and vice versa. In addition, from the relationship pattern between human capital – growth and the economic development level neutrality is the most commonly found pattern for both developing and developed countries. However, we see somewhat difference between them in terms of causation running from growth to human capital. That is, the number of developed countries is almost double as compared to the developing ones. This gives rise to a policy implication for developed countries in that it should put more emphasis on the government education spending share to GDP since it can help boost human capital in the long run.

scholarly journals Freight Transportation and Economic Growth for Zones: Sustainability and Development Strategy in China

2020 ◽  
Vol 12 (24) ◽  
pp. 10450
Author(s):  
Yanli Ma ◽  
Jieyu Zhu ◽  
Gaofeng Gu ◽  
Ke Chen
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Granger Causality ◽  
Development Strategy ◽  
Freight Transportation ◽  
Middle Part ◽  
Response Analysis ◽  
Causality Test ◽  
Economic Zone ◽  
The Relationship

The causal relationship between zonal freight turnover and gross domestic product (GDP) are receiving increasing attention to coordinate the balanced development of freight transportation and zonal economic level effectively. However, studies on the causality direction between freight transportation and economic have so far been in debate. To understand the relationship of causality direction between transportation and economic development for different zones which can provide decision support for public policies, econometrics is used to analyze the relationship between them. This paper investigates the relationship between GDP and freight turnover for economic zones of stationary series and non-stationary sequences using the vector autoregressive (VAR) and the vector error correction models (VECM). The impulse response analysis and variance decomposition are conducted to verify the effectiveness of the models. The Granger causality test is exploited to discover the relationship between transportation and economic development in each economic zone. The data on freight transportation and GDP in China from 2003 to 2018 is used. Results show that the relationship between freight turnover and GDP in the Northeast economic zone is bidirectional. A unidirectional relationship exists between freight turnover and GDP in the Circum Bohai-Sea, the Pearl River, Middle Part, Southwest, and Northwest zone. And the Granger causality is not obvious in the Yangtze River economic zone. In addition, suggestions for the zonal development of transportation and economic systems are provided. This study can provide a basis to adopt relevant policies and measures of sustainable development between transportation and economic growth for different zones.

scholarly journals The nexus between health status and health expenditure, energy consumption and environmental pollution: Empirical evidence from SAARC-BIMSTEC regions

2021 ◽  
Author(s):  
Mohammad Mafizur Rahman ◽  
Khosrul Alam
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Health Status ◽  
Environmental Pollution ◽  
Health Expenditure ◽  
Health Sector ◽  
Policy Implications ◽  
Causality Test ◽  
Cross Sectional ◽  
Public And Private

Abstract Background: The COVID-19 pandemic has highlighted the need for the betterment of health status, while also considering health expenditure, energy, and environmental issues. This paper examines the nexus between health status and health expenditure (both public and private), energy consumption and environmental pollution in the SAARC-BIMSTEC region.Methodology: We utilized the panel autoregressive distributed lag (ARDL) model, heterogeneous panel causality test, cross sectional dependence test, cointegration test and Pesaran cross sectional dependent (CADF) unit root test for obtaining estimated results from data over 16 years (2002-2017). Results: Our results authorize the cointegration among the variables used, where energy consumption, public and private health expenditure and economic growth have positive and statistically significant effects and environmental pollution has both negative and significant effects on the health status of these regions in the long-term, but no panel wise significant impact is found in the short-term. Two-way causal relationships between health status and environmental pollution, public and private health expenditure, economic growth and sanitation facilities, and a one-way causality running from energy consumption to health status are presented. Conclusions: The improved health status in the SAARC-BIMSTEC region needs to be protected by articulating the effective policies on both public and private health expenditures, environmental pollution, energy consumption, and economic growth. The attained results are theoretically and empirically consistent, and have important policy implications in the health sector.

The Impact of Islamic Religion on Women's Entrepreneurship

2020 ◽  
pp. 214-229
Author(s):  
Imen Ben Ammar Ouragini
Keyword(s):  
Economic Development ◽  
Human Resources ◽  
Family Support ◽  
Men And Women ◽  
Women’S Entrepreneurship ◽  
Islamic Religion ◽  
Women's Entrepreneurship ◽  
The Impact ◽  
The Relationship

The role of entrepreneurship in economic development is undeniable, and the countries' growth progress is owing to their human resources' capital. As population is constituted of men and women, gender is considered in the mainstream researches. Although the number of women entrepreneurs have been increasing, researches focusing on the relationship that links women to entrepreneurship are still studying the question of religion, specifically Islamic religion, and its impact on entrepreneurship. Indeed, along this chapter, the authors try to re-examine the relationship that links entrepreneurship to culture since religion is a major component of culture. Then, they attempt to present the essence of their research, which is entrepreneurship and religion. And finally, they explore factors that may influence women's entrepreneurship performance as family support, education, government, and personal determinants like motivation and eventual efforts.

Sign in / Sign up

Export Citation Format

Share Document