|
Dòng
|
Nội dung
|
|
1
|
Is Population Growth a Requisite for National Economic Growth? A Revisit of the Debate Using Panel Data Analysis / Osobase, Anthony Onogiese, Ohioze, Wilson Friday2..[and orther) // Tạp chí Kinh tế và Kinh doanh : JABES . - 2022. - tr. 31-45. - ISSN: 2734-9845
Ký hiệu phân loại (DDC): 304.6
This current paper reassesses the controversial discourse regarding the impact of population growth on national economies using data from 66 countries that constitute 85 per cent of the global population. The panel data spans through the periods 2001-2019. The variables include GDP per capita (regressand), aggregate population, fertility rate, life expectancy, crude death rate and gross fixed capital formation. The fixed effects estimator and panel causality tests were utilized to estimate the data. Findings from the fixed effects model suggests that GDP per capita is adversely and significantly predicted by the aggregate population and fertility rate whereas, gross fixed capital formation and crude death rate exert a positive significant effect on the regressand. Surprisingly, the panel causality result advances that there is a two-way causality between the regressand and the regressors. Following the findings, it is recommended that pragmatic policy measures that will control the rising fertility rate, encourage skill acquisition programs and raise employment generation for the rising population will be a welcome develop ment.
Số bản sách:
(0)
Tài liệu số:
(1)
|
|
2
|
|
|
3
|
The Nexus between External Debt and Growth Convergence: Evidence from Asian Countries / Le Hong Thai, Trinh Thi Phan Lan // Tạp chí Kinh tế và Kinh doanh : JABES . - 2022. - tr. 46-58. - ISSN: 2734-9845
Ký hiệu phân loại (DDC): 343.032
This paper aims to investigate the relationship between growth and external debt in selected Asian economies during the period from 2000 to 2019. To this aim, panel data collected from the World Development Indicators (WDI) of the World Bank are analyzed by the conditional beta convergence framework. Three indicators of external debt (namely total debt service, debt stock and public and publicly guaranteed debt service) are incorporated in the model regressing the average growth rate of income on the natural logarithm of the initial level of GDP per capita. Results of the fixed effect estimations show an inverse relationship between external debt ratios and economic growth. The role of external debt in the convergence process is further examined by including debt interaction terms in the conditional convergence model. We found that a higher debt service level is associated with a higher rate of convergence. These findings reveal that over the past two decades the economic convergence among Asian countries has been much debt-led. Our findings inform policymakers of the effectiveness of government borrowings as a source for economic growth.
Số bản sách:
(0)
Tài liệu số:
(1)
|
|
|
|
|