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Wyświetlanie 1-15 z 583
Tytuł:
The Impact of Corruption on Economic Growth and Innovation in an Economy in Developed European Countries
Autorzy:
Pluskota, Anna
Powiązania:
https://bibliotekanauki.pl/articles/610153.pdf
Data publikacji:
2020
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
economic growth
innovation
corruption
Opis:
Theoretical background: The article explores the relationship between corruption and innovation in an economy and between corruption and economic growth. The multi-faceted and complex nature of corruption means that the impact of corruption on innovation and economic growth is unidirectional. There are arguments in the literature for both positive and negative effects of corruption on macroeconomic figures. Most empirical research confirms the linear negative impact of corruption on economic growth. These results are the opposite of theoretical arguments that there may be both positive and negative consequences of corruption.Purpose of the article: The research aim is to analyse the theoretical aspects of the impact of corruption on selected macroeconomic variables. This goal was achieved by analysing the most significant arguments describing the relationships between chosen variables. Based on the literature analysis, research hypotheses were developed, and they were verified in an empirical study. The results were analysed in the discussion section.Research methods: The study is based on a set of data on economically developed countries in Europe from 1996 to 2017. The empirical study was conducted using basic statistical measures – descriptive statistics and correlation coefficient, whereas econometric models were based on the GMM system (Generalized Method of Moments).Main findings: The results of this research show that the relationships between corruption and the measure of innovation, and corruption and economic growth are not linear. They take the form of a parabola. This means that the influence of corruption on innovation and economic growth is not the same for all levels of the corruption indicator. The relationship between corruption and economic growth is specific enough to show that a low level of corruption is economically justified from the point of view of empirical research. This is possible because corruption solves other economic problems, such as bureaucracy, which limits development. Corruption will support economic growth if the state does not work properly.
Theoretical background: The article explores the relationship between corruption and innovation in an economy and between corruption and economic growth. The multi-faceted and complex nature of corruption means that the impact of corruption on innovation and economic growth is unidirectional. There are arguments in the literature for both positive and negative effects of corruption on macroeconomic fiures. Most empirical research confirms the linear negative impact of corruption on economic growth. These results are the opposite of theoretical arguments that there may be both positive and negative consequences of corruption. Purpose of the article: The research aim is to analyse the theoretical aspects of the impact of corruption on selected macroeconomic variables. This goal was achieved by analysing the most signifiant arguments describing the relationships between chosen variables. Based on the literature analysis, research hypotheses were developed, and they were verifid in an empirical study. The results were analysed in the discussion section. Research methods: The study is based on a set of data on economically developed countries in Europe from 1996 to 2017. The empirical study was conducted using basic statistical measures – descriptive statistics and correlation coefficient, whereas econometric models were based on the GMM system (Generalized Method of Moments). Main findings: The results of this research show that the relationships between corruption and the measure of innovation, and corruption and economic growth are not linear. They take the form of a parabola. This means that the influence of corruption on innovation and economic growth is not the same for all levels of the corruption indicator. The relationship between corruption and economic growth is specific enough to show that a low level of corruption is economically justified from the point of view of empirical research. This is possible because corruption solves other economic problems, such as bureaucracy, which limits development. Corruption will support economic growth if the state does not work properly.
Źródło:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia; 2020, 54, 2
0459-9586
Pojawia się w:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Effect of Economic Growth on Poverty in Eastern Europe
Autorzy:
Nándori, Eszter Siposné
Powiązania:
https://bibliotekanauki.pl/articles/639714.pdf
Data publikacji:
2010
Wydawca:
Uniwersytet Jagielloński. Wydawnictwo Uniwersytetu Jagiellońskiego
Tematy:
economic growth, poverty, inequality
Opis:
Economists have long been debating about the relationship between economic growth and poverty. In my research I am interested in the effect of economic growth on poverty and income inequality concerning upper-middle income Eastern European countries. I examine this relationship after 1990. Based on Adams’ research, my hypothesis states that in upper-middle income Eastern Europe economic development has significantly reduced income inequalities and poverty since 1990. Besides economic growth, I examine the effect of human development on poverty and inequality as well. To test my hypothesis, I carry out regression analysis and I use data from household surveys and national accounts. Results show that economic growth has had a signifi cant effect on poverty, but not on income inequalities since 1990. It means that economic growth can promote the decrease of the extent and the depth of poverty. Human development, however, has significant effect nor on poverty, neither on income inequalities. So if a country’s government is willing to decrease poverty, it has to concentrate on economic growth, rather than on human development.
Źródło:
Zarządzanie Publiczne; 2010, 1-2(9-10)
2084-3968
Pojawia się w:
Zarządzanie Publiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analiza czynników określających wzrost gospodarczy w regionie basenu Morza Bałtyckiego
Analysis of Factors Determining Economic Growth in the Baltic Sea Region
Autorzy:
Narękiewicz, P.
Powiązania:
https://bibliotekanauki.pl/articles/906173.pdf
Data publikacji:
2005
Wydawca:
Akademia Morska w Szczecinie. Wydawnictwo AMSz
Tematy:
wzrost gospodarczy
economic growth
Opis:
Region Morza Bałtyckiego odnotowuje jeden z najwyższych w Europie wskaźników wzrostu gospodarczego. Celem artykułu jest analiza czynników determinujących wzrost gospodarczy w regionie. Ponadto określono uwarun-kowania i możliwości wzrostu wymiany handlowej w regionie w przyszłości na tle zmian zachodzących w handlu międzynarodowym.
The region of the Baltic Sea is recording an economic growth index which is one of the highest in Europe. The purpose of the paper is to analyse the factors determining this economic growth. The paper also describes the conditions and possibilities of trade exchange increase in the region in future against the background of changes taking place in international trade.
Źródło:
Zeszyty Naukowe Akademii Morskiej w Szczecinie; 2004, 4 (76); 143-155
1733-8670
2392-0378
Pojawia się w:
Zeszyty Naukowe Akademii Morskiej w Szczecinie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Problematyka inwestowania w wybranych koncepcjach ekonomicznych
Investment issues in selected economic approaches
Autorzy:
Makary, Borys
Powiązania:
https://bibliotekanauki.pl/articles/1316014.pdf
Data publikacji:
2013-05-21
Wydawca:
Wyższa Szkoła Zarządzania i Bankowości w Krakowie
Tematy:
investment
economy
economic growth
Opis:
W teorii ekonomii możemy zauważyć różne podejścia do problemu inwestowania. Wynikają one między innymi z tego, że na przestrzeni wieków zmieniały się systemy ekonomiczne jak i społeczne. W artykule przedstawione zostaną różne podejścia do problematyki inwestowania w wybranych koncepcjach ekonomicznych. Analizie zostaną poddane inwestycje w teoriach przedklasycznych, klasycznych, Marksa oraz Keynesa
The theory of economics includes various approaches to investment. They result from different economic and social systems that existed throughout ages. The article presents various approaches to investment in selected economic theories and analyzes the issue of investment in pre-classical, classical, Marx’s and Keynes’s theories.
Źródło:
Zeszyt Naukowy Wyższej Szkoły Zarządzania i Bankowości w Krakowie; 2013, 27; 84-95
2300-6285
Pojawia się w:
Zeszyt Naukowy Wyższej Szkoły Zarządzania i Bankowości w Krakowie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Has Economic Growth in Balkan Countries Been Pro-Poor in the 2012–2017 period?
Autorzy:
Zwierzchowski, Jan
Panek, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/2076902.pdf
Data publikacji:
2022-05-20
Wydawca:
Uniwersytet Warszawski. Wydział Nauk Ekonomicznych
Tematy:
economic growth
poverty
inequality
Opis:
The study investigates whether economic growth in the Balkan countries was pro-poor in the most recent period. We also try to establish to what extent various measures of pro-poorness of economic growth produce consistent and comparable results. Firstly, concepts of pro-poor growth are defined and corresponding approaches toward measuring pro-poor growth are presented. We distinguish between measures based on a general class of pro-poor indices and a dominance-based techniques. In the empirical part of the study, we verified whether economic growth in six Balkan countries (Greece, Bulgaria, Romania, Slovenia, Croatia and Serbia) was pro-poor in the 2012–2017 period. The analyses is based on the latest available panel data of the European Union Survey on Income and Living Conditions (EU-SILC). Growth was pro-poor in Croatia, Romania and Slovenia during the whole analysed period. The growth pattern was non pro-poor in Bulgaria, Greece and Serbia in certain years, mainly during periods of economic downfall. Various measures of pro-poor growth patterns do not produce consistent results in all instances. The results of the conducted comparative analysis suggest that the level of social benefits does not directly influence the pro-poor nature of the economic growth.
Źródło:
Central European Economic Journal; 2022, 9, 56; 76-92
2543-6821
Pojawia się w:
Central European Economic Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wpływ zbyt małych i zbyt dużych nierówności płac na wzrost gospodarczy
The Impact of Too Little and Too Big Earnings Inequalities on Economic Growth
Autorzy:
Kumor, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/964232.pdf
Data publikacji:
2010-05-15
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
earnings inequalities
economic growth
Opis:
In political economics coexist two thoughts of income (earnings) inequalities. First, motivating, which postulates bigger earnings inequalities and second, egalitarian, which postulates less earnings inequalities. In the earlier research we tried to reconcile these two thoughts. We confirmed the appearance of optimum, for economic growth, earnings inequalities (Gini index, 28%). From this perspective, both too little and too big earnings inequalities had equally a negative impact on growth. Now we’re putting one hypothesis that too little and too big inequalities cause different waste of economic effectiveness. On one hand, when inequalities are less than the optimum ones, their increase causes considerable economic growth. Then the whole of society accept the increase of earnings inequalities. On the other hand, when inequalities are too big, their downfall gives less economic profits. Demands of poor people to reduce too big disparities in earnings can be corrected by the necessity of using differential work and level of education. The research was conducted for Poland for period 1970–2006 on the economic growth model.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2010, 13, 1
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Effects of Economic Reforms in India in the Early 1990s
Autorzy:
Narayanan, Vijay
Allen, Ikemefuna
Naser, Nahidah
Powiązania:
https://bibliotekanauki.pl/articles/420766.pdf
Data publikacji:
2015
Wydawca:
Akademia Ignatianum w Krakowie
Tematy:
India
reforms
liberalisation
economic growth
Opis:
The aim of this paper is to understand the economic reforms that were undertaken in the late 1980s and early 1990s in India and their relevance today. The study is based on a literature review. The findings from the literature review are validated from data on growth at the national and regional levels. It was found that much of the effects of the reforms are relevant even today in the Indian context. There has been a positive impact on growth due to liberalisation policies. Economic indicators such as GDP and FDI have been on an increasing trend. The removal of trade barriers has had a positive effect on industry. Employment opportunities have increased in both rural and urban areas resulting in a reduction in unemployment. On the negative side, the observed growth is not inclusive. There has been regional a disparity in growth among the different states with some states growing faster than others. Moreover, not all sectors enjoy the benefits of liberalisation. The agriculture sector, for example, has not seen any or at least very few reforms. Thus to sum up, the government of India needs to continue the reforms and ensure that the benefits of an open market reaches one and all.
Źródło:
Horyzonty Polityki; 2015, 6, 17; 129-147
2082-5897
Pojawia się w:
Horyzonty Polityki
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Проблема общественной динамики как незадействованного потенциала социальной ответственности субъектов экономики
The problem of social dynamics of a non-functional potential of the social responsibility of businesses
Autorzy:
Забрудский, А. В.
Powiązania:
https://bibliotekanauki.pl/articles/501391.pdf
Data publikacji:
2012
Wydawca:
Instytut Studiów Międzynarodowych i Edukacji Humanum
Tematy:
corporate social responsibility
economic growth
Opis:
The author addresses current and important issues of corporate social responsibility. The current situation in this respect is limited economic growth and social development. The author calls for concrete steps to be taken to improve the situation.
Źródło:
Społeczeństwo i Edukacja. Międzynarodowe Studia Humanistyczne; 2012, 2(10); 563-569
1898-0171
Pojawia się w:
Społeczeństwo i Edukacja. Międzynarodowe Studia Humanistyczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The impact of the financial sector on economic growth
Autorzy:
Włodarczyk, Bogdan
Szturo, Marek
Powiązania:
https://bibliotekanauki.pl/articles/2097012.pdf
Data publikacji:
2018
Wydawca:
Polska Akademia Nauk. Komitet Nauk o Finansach PAN
Tematy:
financial sector
economic growth
financialization
Opis:
The approach of a unilateral impact of the financial sector on economic growth was invalidated by the last financial crisis which very quickly changed into a global economic crisis. The aim of the study is the analysis of the impact of the financial sector on economic growth in the context of the growing phenomenon of financialization, which was one of the significant reasons of the financial crisis. The study was focused on presenting the growing scale of this phenomenon and analysing the impact of money supply in USD and EUR on world GDP and the GDP of the USA and the Eurozone. The following hypothesis was postulated: the growing process of financialization causes the growth of the USD and EUR supply, influencing changes in the world GDP, the GDP of the USA and the Eurozone. The study confirmed the hypothesis of the relation of the money supply with changes in economic growth. However, influencing economic growth with the money supply causes the purchasing power of business entities to decrease and causes growing debt. Furthermore, it does not contribute to the strength of the real economy. A repair of the current “system“ should not be sought for in constantly increasing macroprudential regulations, but in a return to a country’s interventionism, leading to a change in the priorities of the actions of financial institutions; mainly banks, and the supply of money based on fixed parities (gold, energy).
Źródło:
FINANSE Czasopismo Komitetu Nauk o Finansach PAN; 2018, 1(11); 9-25
1899-4822
Pojawia się w:
FINANSE Czasopismo Komitetu Nauk o Finansach PAN
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Rodzinny kapitał społeczny a wzrost gospodarczy w Polsce
Family Based Social Capital and Economic Growth in Poland
Autorzy:
Sztaudynger, Jan Jacek
Powiązania:
https://bibliotekanauki.pl/articles/20196997.pdf
Data publikacji:
2009
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
Social Capital
Economic Growth
Polska
Opis:
Economic growth is mostly explained by investments and employment growth. Since the mid 1990s various social categories have been introduced into the economic growth analysis such as trust, crime and income inequality etc. According to sociology and psychology, it is the family that constitutes interpersonal ties and is an indicator of happiness and quality of life. It can be said that happy people better fulfil their social roles and also work better. We set a hypothesis that the family ties have an influence on economic growth. More precisely: the more divorces (compared to newly couples), the slower economic growth. This hypothesis was confirmed in an analysis of Poland’s economy in the years 1967–2006. Due to the disintegration of family ties measured by the above mentioned divorce rate Poland’s annual economic growth was slowed by about a 0.6 percentage point on average. This estimation is based on a GDP growth model which, along with the divorce rate, also includes employment dynamics, invest rate and crime rate.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2009, 12, 1; 225-244
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Uwarunkowania i priorytety rozwoju pokryzysowej Unii Europejskiej
Determinants and Priorities of the EU Post-Crisis Growth
Autorzy:
Czarczyńska, Anna
Powiązania:
https://bibliotekanauki.pl/articles/957008.pdf
Data publikacji:
2013
Wydawca:
Akademia Leona Koźmińskiego w Warszawie
Tematy:
economic growth
economic integration
financial crisis
Opis:
Purpose: The aim of this paper is to show the conditions of the EU against the realities of the global economy in the post-crisis era, an indication of which are the determinants of the development of the competitive advantage of the Community. Methodology: An analysis of the determinants of growth at different stages of the process of EU integration with particular emphasis on optimum currency area criteria for the euro zone crisis, under asymmetric demand shock. Findings: The last global crisis has highlighted the structural weaknesses of the EU, which in times of economic prosperity can be compensated by a system of transfers and the mechanism of credibility borrowing. With such a strong crisis Europe needs more growth. Research limitations: The costs of this crisis affect the Community, significant for both public finances and the standard of life, but are also visible on a global scale, which is difficult to estimate. Originality: An ex ante perspective on the determinants that will not only restore EU’s position in the world, but also did not miss an opportunity to play a significant role in the rapidly changing global economy, the twenty first century.
Źródło:
Management and Business Administration. Central Europe; 2013, 21, 2(121); 155-169
2084-3356
Pojawia się w:
Management and Business Administration. Central Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Can Georgia Return to the Pre‑crisis Rate of Growth?
Autorzy:
Surmanidze, Ucha
Powiązania:
https://bibliotekanauki.pl/articles/420503.pdf
Data publikacji:
2016
Wydawca:
Akademia Ignatianum w Krakowie
Tematy:
Economic Growth
Global Economic Prospects
Georgia
Opis:
RESEARCH OBJECTIVE: The article aims to analyse Georgia’s short ‑term economic prospects and to make well ‑founded conclusions on the Country’s potential to return to the pre ‑crisis rate of growth in the near future. THE RESEARCH PROBLEM AND METHODS: For evaluat‑ing Georgia’s growth perspective, Country’s essential macroeconomic indicators and statistical data are thoroughly analysed, along with profound study of global economic outlooks and quarterly reports from three prestigious international institutions (IMF, World Bank, EBRD). THE PROCESS OF ARGUMENTATION: Apart from relevant professional and scholarly literature, current economic trends in Geor‑gia are presented in the paper, revising such important issues like FDI and remittances inflow, foreign trade, currency depreciation, government spending and national debt, so those variables that af‑fect the domestic economy at most. Georgia is small, open economy and because of its high dependency on the external sector, certain significant economic tendencies in main partner countries and in the world in general are also applied in the article. RESEARCH RESULTS: On the one hand, the decline of capital inflow into the Country, and socially‑oriented government spending on the other, depreciated the national currency gradually and made Georgia’s external liabilities very costly. Neither the depreciation of the currency, nor export subsidies helped the Country’s exports to recover. This is partially conditioned also by economic troubles in main trade and investment partner countries of Georgia. CONCLUSIONS, INNOVATIONS AND RECOMMENDATIONS: The article intends to enrich the understanding of how small, transition economies operate in uncertain financial environment and what perspectives they have in dealing with external shocks. Current regional and global context, along with obvious drawbacks in Georgia’s fiscal policy make the possibility of regaining pre‑crisis growth rates unrealistic in the near term. The country needs the diversification of export markets and its foreign investment sources, to cut government spending on social programs and bureaucracy, and to direct funds on infrastructural projects.
Źródło:
Horyzonty Polityki; 2016, 7, 20
2082-5897
Pojawia się w:
Horyzonty Polityki
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Review Of Theories And Models Of Economic Growth
Autorzy:
Piętak, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/632843.pdf
Data publikacji:
2014-03-01
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
economic growth
theories of economic growth
models of economic growth
balanced growth
wzrost gospodarczy
teorie wzrostu gospodarczego
modele wzrostu gospodarczego
zrównoważony wzrost gospodarczy
Opis:
The subject of this article is a review of the theories and models of economic growth. In the first section, the author analyzes the theories of economic growth, such as Schumpeter’s, Lewis’s and Rostow’s theory. In the second part there is a review of the models of economic growth. In this part the author divides models into two groups: exogenus models and endogenus models. The article finishes with conclusions concerning the issues discussed. The method used in writing the article is an analysis of the English and Polish literature on the subject.
Celem artykułu jest przegląd teorii oraz modeli wzrostu gospodarzcego. W pierwszej części autor dokonuje analizy teorii wzrostu gospodarczego autorstwa: Schummpetera, Lewisa oraz Rostowa. W drugiej części opracowania zawarty jest przegląd modeli wzrostu gospodarczego. Autor analizowane modele dzieli na dwie grupy; modele egzogeniczne oraz modele endogeniczne. Artykuł kończy lista wniosków dotyczących przeprowadzonych analiz. Autor przygotowując artykuł wykorzystał metodę analizy literatury angielskiej i polskiej.
Źródło:
Comparative Economic Research. Central and Eastern Europe; 2014, 17, 1; 45-60
1508-2008
2082-6737
Pojawia się w:
Comparative Economic Research. Central and Eastern Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Teoria biegunów wzrostu François Perroux i implementacja jej założeń w Hiszpanii w latach 1964-1975
The growth poles theory by François Perroux and the implementation of its assumptions in Spain in the years of 1964-1975
Autorzy:
Piętak, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/570122.pdf
Data publikacji:
2014
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
economic growth
growth poles theory
regional policy
Opis:
This paper is devoted to the analysis of the concept of growth poles theory elaborated by an outstanding French professor François Perroux. In the first part the author presents philosophical and methodological analysis of Perroux’s concepts. The second part is devoted to the analysis of the implementation of the growth poles theory in Spain in the years 1964−1975. The originality of Perroux’s concept lies in the introduction of economic space in a consideration and the omission of the role played by physical space. On the other hand, Perroux’s concept is the generalization of the method applied much earlier by other economists. Perroux’s growth poles theory is the part of theory of harmonized growth, but harmonized growth is not the concept of harmonious growth understood as the natural harmony existing in the economic life. Perroux indicates the need for permanent harmonizing of economic forces for social welfare. Perroux is convinced the economic growth is unsustainable, not only spatially but also by sector. That opinion was not something new. He simply belongs to a group of researchers of economics convinced of unsustainable growth. However, there is one difference. Perroux, not like the others, limits only to establish the fact. He tries to explain why that is. Therefore, he created the theory which explained the phenomenon of unsustainable economic growth. He believes the economic growth appears at the points with different frequencies and at different time. Perroux also points to the industrial complexes and entire industries that can be a source of economic growth which he calls “growth poles”. Growth poles policy was very popular in the 60s and 70s. Many countries like France, Spain, Greece or Italian had poles in their economic plans. This tendency was halted as a result of the oil crisis in 1973. Then the active policy of the state in economic planning began to give the way to economic liberalism. In case of Spain, the growth poles policy consisted in the stimulation of industry formation in regions which give hope for accelerated industrial development. During three consecutive periods of planning in Spain a number of poles situated in different regions were created. At that time in Spain there was a problem of migration towards rich regions like Catalonia, Madrid or Basque Country. Therefore, the aim of the implementation of the poles was not only to develop the industry, but also to stop the migration process. One way to evaluate the functioning of the poles in the Spanish economy is examining the amount of established companies, the level of production and the rate of economic growth obtained in regions with poles, the balance of trade between a region with the pole and surrounding regions. The method used by the author consists in comparing two periods: the first period without the pole and the second period with the pole. The analysis also compares the results obtained with the national average.
Źródło:
Ekonomia XXI Wieku; 2014, 1(1); 185-205
2353-8929
Pojawia się w:
Ekonomia XXI Wieku
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic growth and its determinant: a crosscountry evidence
Autorzy:
Adepoju, Adedayo A.
Ogundunmade, Tayo P.
Powiązania:
https://bibliotekanauki.pl/articles/1194461.pdf
Data publikacji:
2019-07-02
Wydawca:
Główny Urząd Statystyczny
Tematy:
economic growth
panel data analysis
growth determinants
Opis:
Empirical evidence from a panel of 126 countries, over the time period of 2010 to 2014, indicates that economic growth is dependent on various factors. This paper finds that government expenditure control, reduced inflation and increased trade openness are the factors that boost the economic growth of a country. Significant evidence is seen for government consumption, fiscal policy and trade openness. No significant relationship has been observed between exchange rate and economic growth, whereas unemployment influences output for African countries. The cross regional analysis of Asian, European, African, Caribbean, and American countries gives specific determinants for these regions. Economic growth is also analysed in developing, developed, least developed, Muslim and petroleum exporting and emerging countries. The results of this study validate the dependence of economic growth on various factors. Fiscal balance has shown a consistent positive relationship with economic growth throughout the analyses. Fiscal balance and unemployment rate played their role in the growth of African countries. Inflation rates and increased openness were significant for some regions. Exchange rate did not return significant coefficients for any of the sub-regions. Government consumption, trade openness, policy interest rate and industrial production rate showed significant effect for different regions of the world.
Źródło:
Statistics in Transition new series; 2019, 20, 2; 69-84
1234-7655
Pojawia się w:
Statistics in Transition new series
Dostawca treści:
Biblioteka Nauki
Artykuł
Wyświetlanie 1-15 z 583

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