scholarly journals DISTRIBUTIVE TRADE AND ECONOMIC GROWTH: EU28 EVIDENCE FOR THE PERIOD 2008-2015

2019 ◽  
Vol 20 (3) ◽  
pp. 489-506
Author(s):  
Svetlana Sokolov Mladenović ◽  
Igor Mladenović ◽  
Djordje Ćuzović
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Multiple Regression Model ◽  
Economic Activities ◽  
Negative Effects ◽  
Member States ◽  
Economic Growth Rate ◽  
Eu Member States ◽  
Trade Sector ◽  
The Impact

The purpose of this paper is to appoint the causality between economic activity in the sector of distributive trade and the economic growth of 28 European Union nations. Specifically, it examines the impact of changes in turnover per employee in the distributive trade sector in EU member states on the tangible economic growth rate. The determination to adopt this approach stems from the fact that existing studies mainly explore indirect relationship between economic activities in distributive trade and economic development, with less focus on the direct impact of distributive trade on economic growth. The paper utilizes information for the period from 2008 to 2015. The research relies on multiple regression model, with the Hausman test its robustness. The results indicate that a hike in turnover per employee in the distributive trade sector by 10 euros per year in one EU member state increases its real economic growth rate by 0.15% in that same year. The significance of the made results is reflected in the fact that the survey takes into account the last economic crisis, and highlights negative effects of final consumption expenditure of general government % GDP on the tangible economic growth rate in EU member states.

scholarly journals The Evolution of Economic Activity in the Rural Area of Region 2 South - East

2021 ◽  
Vol 95 ◽  
pp. 01007
Author(s):  
Daniela – Lavinia Balasan ◽  
Dragoş Horia Buhociu
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Economic Development ◽  
Economic Activity ◽  
Labour Force ◽  
Standard Of Living ◽  
Economic Growth Rate ◽  
Current State ◽  
Per Capita ◽  
The Impact

When we talk about economic development, we can refer to improve the standard of living and the prosperity of the population. This is due by increasing per capita income. In order to analyze economic activity, severe indicators must be studied, namely productivity, economic growth rate, labour force share, gross domestic product. In order to carry out as accurate an analysis as possible, it is required to discover the bottlenecks and problems that Region 2 South East makes and to develop a set of reservations and indications leading to the reduction and, why not, the removal of negative aspects. The main purpose of this work is to achieve a strategic plan by studying the current state and the impact of the economic system in recent times in all its forms, with a view to the development of the countryside of Region 2 South – East. I set out to create a website based on the advice of small rural entrepreneurs that evolves gathering information in realistically identifying all the strengths and concentrating them in the region’s potential innovation.

scholarly journals Factors affecting stock market index volatility: Empirical study

2021 ◽  
Vol 10 (3) ◽  
pp. 169-176
Author(s):  
Mohammed Ali Al-Rimawi ◽  
Thair Adnan Kaddumi
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Interest Rate ◽  
Stock Market ◽  
Foreign Investment ◽  
Inflation Rate ◽  
Market Price ◽  
Economic Growth Rate ◽  
Macroeconomic Variables ◽  
The Impact

How is stock market price volatility affected, and what is the nature of the impact that macroeconomic variables do on the stock market price direction? The main objective of this study is to investigate the impact of some selected macroeconomic variables (inflation rate (INR), interest rate (IR), economic growth rate (EGR), and foreign investment (FI)) on Amman Stock Exchange (ASE) fluctuation for the period 1999–2018. The information is based on the annual data published by industrial companies listed at ASE. The study adopted a descriptive-analytical approach, also simple and multiple linear regression analysis was employed for the mentioned purpose (Nurfadilah & Samidi, 2017). The results revealed that there is no statistically significant impact of INR, IR, EGR, and FI collectively on ASE performance (Niewińska, 2020). Individually, the results indicated that there is a statistically significant impact of all variables (INR, IR, EGR, and FI) on ASE performance. Additionally, the results concluded that foreign investment, portrayed the highest impact factor on ASE performance, followed by a change in average interest rate, then inflation rate, and the least impact attributes to the economic growth rate. Finally, the research recommends that Jordanian banks should reduce the lending interest rate to enhance investment in securities and improve economic growth rate, also Jordanian authorities should encourage foreign direct and indirect investment and make more efforts to attract more foreign investment, either in the form of tax incentives or by extending finance at low-interest rates.

The Impact of Defense Investment on Economic Growth in the Perspective of Time Series

2014 ◽  
Vol 5 (4) ◽  
pp. 44-58
Author(s):  
Bin Pan ◽  
Shih-Yung Wei ◽  
Xuanhua Xu ◽  
Wei-Chiang Hong
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Private Investment ◽  
Investment Risk ◽  
Demand And Supply ◽  
Economic Growth Rate ◽  
Proposed Model ◽  
Endogenous Growth Model ◽  
The Impact ◽  
The Relationship

By considering the demand and supply effects of defense investment and the uncertainty of the stochastic process of the production and defense investment, this study proposes a stochastic endogenous growth model to explore the impact of defense investment on economic growth. The results suggest that the relationship between defense investment and economic growth rate is nonlinear and obtains the optimal percentage of defense investment to maximize economic growth. Moreover, the impact of defense investment volatility on economic growth rate is subject to production and defense investment interference term's covariance and representative private investment risk preference. Finally, the empirical data are used to illustrate the applicability of the proposed model.

scholarly journals Energy Price and Energy Efficiency in China: A Linear and Nonlinear Empirical Investigation

Energies ◽  
2020 ◽  
Vol 13 (16) ◽  
pp. 4068 ◽  
Author(s):  
Peng Hou ◽  
Yilin Li ◽  
Yong Tan ◽  
Yuanjie Hou
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Energy Efficiency ◽  
Economic Development ◽  
Energy Price ◽  
Effect Analysis ◽  
Economic Growth Rate ◽  
Development Level ◽  
Linear And Nonlinear ◽  
The Impact

The empirical conclusions regarding the relationship between energy price and energy efficiency are relatively mixed. This paper systematically examines the influence of energy price on energy efficiency in China based on data from 30 provinces between 2003 and 2017, using linear and nonlinear effect analysis. We found that the impact of energy price on energy efficiency in China was positive in general. However, there existed heterogeneous effects of energy price on energy efficiency in various regions, and the effect differed with differences in energy efficiency levels based on the panel quantile regression analysis. Finally, the nonlinear effect analysis based on the panel threshold model indicated that the effect of energy price on energy efficiency increased with the rise of the environmental regulation level and economic growth rate, while it decreased with the ascent of the degree of energy price distortion and economic development level. In particular, when the value of a region’s economic development level and economic growth rate was within a certain range, the impact was not statistically significant. Overall, these findings contribute to a deeper understanding regarding the effect of energy price on energy efficiency in China.

scholarly journals IFRS Adoption and Enforcement as Antecedents of Economic Growth

2014 ◽  
Vol 4 (1) ◽  
pp. 1 ◽  
Author(s):  
Syed Kashif Raza Zaidi ◽  
Esperanza Huerta
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Partial Support ◽  
Positive Interaction ◽  
Economic Growth Rate ◽  
Ifrs Adoption ◽  
Statistical Procedures ◽  
The Impact

This paper assesses the impact of IFRS adoption on the economic growth of adopting countries taking into consideration the level of enforcement of the adopting countries. We hypothesize that the adoption of IFRS increases the economic growth of the adopting countries. This effect is to be moderated by the level of enforcement. That is, we hypothesize a positive interaction between enforcement level and IFRS adoption on the economic growth rate of a country. Using several statistical procedures and models to estimate regression, we find partial support for our hypotheses.

South Korea’s Economy in 2016 Overshadowed by Chaebols’ Crisis

2017 ◽  
Vol 09 (01) ◽  
pp. 127-138
Author(s):  
Min-Hua CHIANG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Domestic Economy ◽  
Domestic Consumption ◽  
Economic Growth Rate ◽  
The Future ◽  
The Impact ◽  
Political Scandal

South Korea’s economy continued to be impacted by its waning exports in 2016. With moderate expansion in domestic consumption and services, economic growth rate rose to 2.7% in 2016, 0.1% more than in 2015. The impact of President Park Geun-hye’s political scandal on the domestic economy has been constrained so far. It remains to be seen whether strong opposition from society to some chaebols’ involvement in Park-Choi corruption cases will lead to weaker government-chaebols ties in developing the economy in the future.

scholarly journals European Banking Integration and Sustainable Economic Growth

2020 ◽  
Vol 12 (3) ◽  
pp. 1164 ◽  
Author(s):  
Ovidiu Stoica ◽  
Otilia-Roxana Oprea ◽  
Ionel Bostan ◽  
Carmen Sandu Toderașcu ◽  
Cristina Mihaela Lazăr
Keyword(s):  
Economic Growth ◽  
Banking Sector ◽  
Member States ◽  
Eu Countries ◽  
Eu Member States ◽  
Banking Market ◽  
European Banking ◽  
Main Factors ◽  
Sustainable Economic Growth ◽  
The Impact

Sustainable economic growth is considered a fundamental problem due to the effects that can be felt on the society as a whole, along with the phenomenon of banking integration that can influence the development of a country’s economy. This research aims to investigate the impact of banking market integration on sustainable economic growth in EU countries, especially in the context of financial integration, a good consolidation of the banking market is needed. We also identified the main factors by which the development of the banking market influences economic growth. The analysis was carried out for the period 2004–2018 in EU countries as a sample. According to the results obtained, we can say that European banking integration has a positive influence and has many benefits on the growth and sustainable development of the economy. The main factors by which banking integration significantly and positively favors economic growth are convergence of asset returns, convergence of interest rates, cross-border lending to the non-banking sector, foreign assets and foreign liabilities), the ratio of international banking activities, the ratio between assets and GDP, and the net interest margin (only when maintaining a low level) with some differences between the pre-crisis and the post-crisis period, the countries in the Euro Zone outside the euro, and the new EU member states and the old EU member states.

scholarly journals Landlockedness, Corruption, and Economic Growth in BIMSTEC

2021 ◽  
Author(s):  
Arbind Chaudhary
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Panel Data ◽  
Threshold Level ◽  
Easy Access ◽  
Economic Growth Rate ◽  
Corruption Perception Index ◽  
Blue Economy ◽  
Corruption Perception ◽  
The Impact

Abstract This study examines the impact of landlockedness and corruption on economic growth of BIMSTEC, a bridge between blue economy and mountain economy, under panel data. It covers seven countries over 7 years, 201-2018. The investigation conforms that the presence of landlockedness hampers economic growth rate. BIMSTEC has two landlocked economies: Nepal and Bhutan. Similarly, corruption reveals greasing in the wheel situation, and it will turn into sand in the wheel, when it crosses the threshold level|49 point corruption perception index. The results are robust under the pooled regression. The study is intact for boosting liberal governance, and easy access for landlocked states to the coast.

scholarly journals A Johansen Cointegration Test for the Relationship between Remittances and Economic Growth of Japan

2017 ◽  
Vol 11 (10) ◽  
pp. 137 ◽  
Author(s):  
Suwastika Naidu ◽  
Atishwar Pandaram ◽  
Anand Chand
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Migrant Workers ◽  
Developed Countries ◽  
Gdp Growth ◽  
Data Set ◽  
Economic Growth Rate ◽  
Gdp Growth Rate ◽  
The Impact ◽  
The Relationship

Remittance inflows have been a key stimulus to economic growth of many developing countries. There is scant literature available on the impact of remittance inflows and outflows on the economic growth of the large developed countries. For instance, there is little literature on the impact of remittance inflows and outflows on the economic growth rate of Japan. Hence this research objective of this paper is to investigate the relationship between ‘remittance inflows’ and ‘outflows’ on the ‘economic growth rate’ of Japan. The paper by utilizing the World Bank data set and the econometric model namely the Granger Causality Model to test and analysis the impact of remittance inflows and outflows on the economic growth rate of Japan. The findings show that in the long run, a 1% increase in remittance outflows will decrease GDP growth rate by 0.000793%. In the short run, a 1% increase in remittance outflows and inflows will decrease GDP growth rate by 0.000599% and 0.000327% respectively. The Japanese government should encourage retired Japanese workers to return to the labour market and effectively contribute to the workforce and retired workers can be re-trained so that less foreign migrant workers are needed and this will reduce remittance outflow. 

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