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Articles 1 - 26 of 26
Full-Text Articles in Public Economics
Economic Growth And Co2 Emission In Asean: Panel-Ardl Approach, Feriansyah Feriansyah, Hari Nugroho, Aura Asyda Larre, Qori’Atul Septiavin, Cintya Khairun Nisa
Economic Growth And Co2 Emission In Asean: Panel-Ardl Approach, Feriansyah Feriansyah, Hari Nugroho, Aura Asyda Larre, Qori’Atul Septiavin, Cintya Khairun Nisa
Economics and Finance in Indonesia
This paper investigates the relationship between economic growth and CO2 emissions from 1994 to 2018 using a panel approach from eight ASEAN countries. We found an established result using the Panel ARDL Pooled Mean Group method. First, the panel Cointegration analysis shows a significant long-term relationship between GDP and CO2 emissions. Second, the error correction mechanism shows a stable and consistent value. Third, we found that GDP has a significant long-term effect on CO2 emissions in ASEAN countries. Fourth, our results also show that GDP significantly impacts CO2 emissions in the short term for four countries: Indonesia, Malaysia, Thailand, and …
Simultaneous Relationship Between Financial Inclusion, Economic Growth, And Income Inequality In Sulawesi Island, 2011-2019, Adella Siti Nursaliyawati, Siskarossa Ika Oktora
Simultaneous Relationship Between Financial Inclusion, Economic Growth, And Income Inequality In Sulawesi Island, 2011-2019, Adella Siti Nursaliyawati, Siskarossa Ika Oktora
Economics and Finance in Indonesia
Sulawesi Island has fairly high economic growth but is not followed by a significant decrease in income inequality. Therefore, a new strategy is needed to overcome these problems, one of them by increasing the role of the financial sector through financial inclusion. This study aims to analyze the relationship between financial inclusion, economic growth, and income inequality, as well as the factors influencing them in Sulawesi Island from 2011 to 2019. The analytical method used is the simultaneous equation model with panel data using the EC2SLS model. The results show that there is a simultaneous relationship between financial inclusion and …
The Roaring Twenties After Covid-19: Revisiting The Evidence For Europe, Alessio Terzi
The Roaring Twenties After Covid-19: Revisiting The Evidence For Europe, Alessio Terzi
Journal of New Finance
Inspired by conspicuous historical parallels, some scholars and journalists have recently postulated that GDP growth and productivity might boom in the aftermath of the Covid-19 pandemic. This paper reviews the evidence for and against the ‘Roaring 20s’ hypothesis, concluding that some countries might experience a forceful economic expansion, possibly fuelled by pent-up demand, compounding a successful digital and green transition, or leveraging an export-led model. However, a strong prolonged economic bonanza is unlikely to materialise evenly across the EU. An uneven recovery would acquiesce imbalances within the Union, and especially the euro area. As such, policymakers should avoid complacency, and …
Export Promotion As A Development Strategy: Evidence From Selected Southeast Asian Countries And Lessons For Ghana, Ohenewaa B. Newman
Export Promotion As A Development Strategy: Evidence From Selected Southeast Asian Countries And Lessons For Ghana, Ohenewaa B. Newman
Journal for the Advancement of Developing Economies
Developing countries have adopted various development strategies such as import substitution industrialization (ISI) and export promotion strategies. For Latin-American and developing countries, some level of economic growth was experienced using ISI after the Second World War. However, these countries could not attain the needed economic growth, technological advancement or guarantee food security with the adoption of ISI. It led to unequal income distribution, less internal competition, and distortions of their economy, among others. The rise of export promotion strategies in the 1970s was evidenced by an impressive economic growth and a decline in poverty in jurisdictions like Taiwan, Tanzania and …
Educational Expenditure And Economic Growth Nexus In Nigeria (1987-2016), Abiodun O. Ayeni, Osagie F. Omobude
Educational Expenditure And Economic Growth Nexus In Nigeria (1987-2016), Abiodun O. Ayeni, Osagie F. Omobude
Journal for the Advancement of Developing Economies
This study empirically investigated educational expenditure and economic growth nexus in Nigeria using secondary and times series data from 1987 to 2016, sourced from the Central Bank of Nigeria (CBN), National Bureau of Statistics (NBS) and other agencies and sources. Relevant statistical tools were employed in exploring the relationships between these variables. The random characteristics of the variables were tested using the Augmented Dickey Fuller (ADF) technique. The links among educational expenditure, education sectoral output and economic growth were tested via the Autoregressive Distributed Lag (ARDL) and bound test approach developed by Pesaran and Shin. Four research hypotheses were tested. …
Incidencia Del Gasto Público En El Crecimiento Económico, Estudio De Caso Para Colombia Periodo 1960 2015, Andrés Steven Suarez Cubillos, Juan David Cárdenas Aponte, Germán Augusto Hernández Rodríguez
Incidencia Del Gasto Público En El Crecimiento Económico, Estudio De Caso Para Colombia Periodo 1960 2015, Andrés Steven Suarez Cubillos, Juan David Cárdenas Aponte, Germán Augusto Hernández Rodríguez
Economía
En este trabajo se estudia la incidencia que tuvo el gasto público en el crecimiento económico de Colombia durante los periodos de 1960 a 2015 período que se caracterizó por la gran cantidad de gasto público en factores productivos, los autores determinan el número de observaciones y los años de estudio teniendo en cuenta los parámetros de significancia estadística, determinando como año base 1960 según los antecedentes consultados así como establece De la Puente (2011), este año se caracterizó, por una gran cantidad de inversión estatal en capital productivo: “Así, a principios de 1960, la inversión pública en proporción al …
Exploring The Budget Deficit-Economic Growth Nexus: New Evidence From Ghana, Kojo Oppong Nkrumah, Emmanuel Orkoh, Augustine Mensah Owusu
Exploring The Budget Deficit-Economic Growth Nexus: New Evidence From Ghana, Kojo Oppong Nkrumah, Emmanuel Orkoh, Augustine Mensah Owusu
Journal for the Advancement of Developing Economies
In this paper, we combine Autoregressive Distributed Lag (ARDL) approach with trend analysis to assess the relationship between Ghana’s budget deficit and economic growth from 2000 to 2015 using quarterly data. The trend analysis reveals that since 2000, years of high budget deficit were usually followed by years of low economic growth and vice versa. This phenomenon was pronounced in 2009, when the Gross Domestic Product (GDP) growth rate fell from 7.3 percent in 2008 to 4 percent in 2009, following an increase in the budget deficit from 8 percent in 2007 to 11.5 percent in 2008. The same phenomenon …
Keynote Address On Financing Government Programmes In Economic Downturn -The Role Of Central Bank Of Nigeria? Delivered At The 2016 Central Bank Of Nigeria Executive Seminar, G.I. Emefiele
Economic and Financial Review
This is a keynote address delivered by the Governor of Central Bank of Nigeria at the 2016 executive seminar with the theme "financing government programmes in economic downturn - the role of central bank of Nigeria
The Role Of Central Banks During Economic Downturn: Lessons And Options For Financing Government Programmes In Nigeria, C.N.O. Mordi
The Role Of Central Banks During Economic Downturn: Lessons And Options For Financing Government Programmes In Nigeria, C.N.O. Mordi
Economic and Financial Review
The author examine both the traditional and developmental roles central banks plays in financing government programmes/projects.
Financing Government Programmes In Economic Downturn: Policy Options, F.U. Jacobs
Financing Government Programmes In Economic Downturn: Policy Options, F.U. Jacobs
Economic and Financial Review
This author examines the various policy options for the manufacturing sector of the economy in an economic downturn.
Non-Oil Exports, Economic Growth And Macroeconomic Stability, T.A. Oyejide
Non-Oil Exports, Economic Growth And Macroeconomic Stability, T.A. Oyejide
Economic and Financial Review
The author discussed the role of non-oil exports in the structural transformation and sectoral diversification processes which are inherently associated with sustainable growth and development outcomes as well as the focus of the analysis shifts to an examination of the role of non-oil exports in promoting economic growth and development.
Titularización De La Infraestructura Pública: Una Evaluación Desde El Crecimiento Económico De Colombia, Daniela Alejandra Alba Rueda, Álvaro Andrés Sánchez Rozo
Titularización De La Infraestructura Pública: Una Evaluación Desde El Crecimiento Económico De Colombia, Daniela Alejandra Alba Rueda, Álvaro Andrés Sánchez Rozo
Economía
Colombia en los últimos diez años ha evidenciado importantes avances en su crecimiento económico, gracias al desarrollo de la infraestructura del país y de la consolidación del sistema financiero. Sin embargo, en relación a los demás países de la región el atraso en infraestructura vial es alto y sigue siendo una barrera para el desarrollo del país, pues aunque se han construido grandes proyectos viales no se han tenido en cuenta con firmeza, alternativas de financiación que brinden estabilidad y transparencia para el desarrollo de las obras, prolongando su tiempo de ejecución y aumentado el gasto público con el fin …
Book Review Of: Why Nations Fail, Ashutosh Mani Dixit
Book Review Of: Why Nations Fail, Ashutosh Mani Dixit
Business Review
The purpose of this article is to assess the contribution of Why Nations Fail about its forefront claim that institution is exclusive determinant of nation’s economic outcome. This paper will examine its findings and put forward arguments and claims of prominent studies about economic development. The paper has been organized in two more section. Immediate section presents chapter wise summary of the book highlighting strengths and key outcomes. While the third section, which is the purpose of the article, offers a critique, than sums up in final section providing some concluding comments.
Determinants Of Non-Oil Export And Economic Growth In Nigeria: An Application Of The Bound Test Approach, Samson Adeniyi Aladejare, Abdulwahab Saidi
Determinants Of Non-Oil Export And Economic Growth In Nigeria: An Application Of The Bound Test Approach, Samson Adeniyi Aladejare, Abdulwahab Saidi
Journal for the Advancement of Developing Economies
The effects of the recent global economic crises on Nigeria’s economy have reaffirmed the urgent need for economic diversification in the country. Although no country is immune to such global crises, the over reliance on oil export revenue by Nigeria expose her economy excessively to external shocks. Therefore, this research examines the impact of aggregate non-oil sector and its determinant on economic growth. The bound test approach was explored to examine the long and short run effects of the non-oil export and its ensuing determinants. The result reveals a significant effect of non-oil export on economic growth in both the …
China’S Local Government Debt And Economic Growth, Jia Qi Zhou
China’S Local Government Debt And Economic Growth, Jia Qi Zhou
Gettysburg Economic Review
This paper explores the impact of China’s local government debt on economic growth. This analysis, based on a panel of 31 provinces over 14 years, takes into account a broad range of economic growth determinants as well as various estimation issues including heteroskedascity and omitted variable. The empirical results suggest an inverse relationship between China’s local government debt and economic growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.27 percentage points per year.
Identification Of The Common Salient Characteristics Of Successful Intergovernmental Cooperation And Consolidation Of Governmental Services In Kent County, George A. Erickcek, Brad R. Watts
Identification Of The Common Salient Characteristics Of Successful Intergovernmental Cooperation And Consolidation Of Governmental Services In Kent County, George A. Erickcek, Brad R. Watts
Reports
No abstract provided.
[Review Of The Book Growing Public: Social Spending And Economic Growth Since The Eighteenth Century], George R. Boyer
[Review Of The Book Growing Public: Social Spending And Economic Growth Since The Eighteenth Century], George R. Boyer
George R. Boyer
[Excerpt] Lindert’s discussion of the costs and benefits of the welfare state is only one part, albeit the most eye-catching part, of this wide-ranging work in comparative economic history. Volume 1, written for non-specialists, presents “The Story”; it is tailor-made for upper-level undergraduate courses in economic and social history, public policy, and welfare economics. Volume 2 presents “Further Evidence,” including the regression results that underlie the findings presented in the first volume, and eighty pages of appendices. Graduate students and scholars studying the welfare state will want to read this volume in conjunction with Volume 1. For those who want …
The Governance Of China’S Finance, Katharina Pistor
The Governance Of China’S Finance, Katharina Pistor
Faculty Scholarship
This chapter examines the governance of China's financial system, which, it shows, cannot be adequately explained using conventional paradigms that rely on ownership and legal or regulatory controls alone. Instead, China's governance regime relies heavily on human resource management, which uses control rights over the career path of top-level financial cadres. A commentary is included at the end of the chapter.
Intra-Provincial Inequalities And Economic Growth In China, Joanna Gravier-Rymaszewska, Joanna Tyrowicz, Jacek Kochanowicz
Intra-Provincial Inequalities And Economic Growth In China, Joanna Gravier-Rymaszewska, Joanna Tyrowicz, Jacek Kochanowicz
Joanna Tyrowicz
This paper approaches the problem of inequalities in China. It is specifically focused on analyzing the effects of intra-provincial disparities on the development of the 28 mainland provinces in China. Intra-provincial inequalities, as measured by Theil index, seem positively related to growth, albeit the results are only convincing for the coastal provinces. A case by case analysis, however, suggests highly diversified patterns, including linear or an inverted u-shape for fastest growing coastal provinces and virtually no relationship for the majority of regions. The results corroborate some earlier raised questions about actual policy-making standards in China.
The Defense-Growth Relationship: An Economic Investigation Into Post-Soviet States, Bruce D. Mcdonald Iii, Robert J. Eger Iii
The Defense-Growth Relationship: An Economic Investigation Into Post-Soviet States, Bruce D. Mcdonald Iii, Robert J. Eger Iii
Bruce D. McDonald, III
An important question stemming from the collapse of the Soviet Union is how defense spending has influenced the economic performance of the 15 member states since their establishment as market economies. This study furthers the understanding of the relationship between defense spending and economic growth using data from the states of the former Soviet Union from 1992 to 2007. A nonlinear production function was used for direct effects, and models of investment and employment were employed for indirect effects. Contrary to expectations, the findings show that continued reliance on the defense sector in post-Soviet states has helped overall economic growth. …
Why Economic Performance Has Differed Between Brazil And China? A Comparative Analysis Of Brazilian And Chinese Macroeconomic Policy, Fernando Ferrari-Filho, Anthony Petros Spanakos
Why Economic Performance Has Differed Between Brazil And China? A Comparative Analysis Of Brazilian And Chinese Macroeconomic Policy, Fernando Ferrari-Filho, Anthony Petros Spanakos
Department of Political Science and Law Faculty Scholarship and Creative Works
This paper addresses a specific question: why has China grown so rapidly and Brazil not? To answer this question, it (i) establishes the basis for comparison between China and Brazil by contextualizing these countries within the BRICs concept, and (ii) presents a comparative analysis of Brazilian and Chinese reforms focusing only on the issue of macroeconomic policy, especially the monetary and exchange rate regimes, and its effect on growth.
The Relationship Between Poverty And Economic Growth Revisited, Lonnie K. Stevans, David N. Sessions
The Relationship Between Poverty And Economic Growth Revisited, Lonnie K. Stevans, David N. Sessions
Lonnie K. Stevans
It has been shown in prior research that increased economic growth reduces poverty. Authors have also found that the effect of growth in GDP on poverty growth has either diminished or remained unchanged over time and the 1980s economic expansion in the U.S. had no affect on poverty. Using a formal error-correction model, we find that increases in economic growth are significantly related to reductions in the poverty rate for all families. Specifically, GDP growth was found to have a more pronounced effect on poverty during the expansionary periods of the 1960s, 1970s, 1980s, 1990s, and 2000s. Other findings include …
Adjustment Issues In Nigeria: Problems And Prospects, J. K. A. Olekah
Adjustment Issues In Nigeria: Problems And Prospects, J. K. A. Olekah
Bullion
This paper examines adjustment issues in Nigeria, with emphasis on identifying outstanding and emerging problems after SAP, ln achieving the above objective, the paper is divided into three ports as follows: Part I, discusses the main economic problems three years of Pre-SAP as well as analysing trends in major economic indicators and the factors underlying the trend, The main element and policy strategies of SAP are also examined in this part. Part ll analyses, three years of post-SAP with the view to highlighting outstanding and anticipated problems while Port lll is the prospects and concluding summary.
Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton
Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton
PHILIP E GRAVES
This paper does not have an abstract but examines the role of urbanization and over-urbanization in economic growth and decline in the developing world.
Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton
Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton
Robert L Sexton
This paper does not have an abstract but examines the role of urbanization and over-urbanization in economic growth and decline in the developing world.
Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton
Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton
Robert L Sexton
This paper does not have an abstract but examines the role of urbanization and over-urbanization in economic growth and decline in the developing world.