National Repository of Grey Literature 69 records found  1 - 10nextend  jump to record: Search took 0.00 seconds. 
Three Essays on Financial Development
Mareš, Jan ; Horváth, Roman (advisor) ; Belke, Ansgar (referee) ; Čihák, Martin (referee) ; Geršl, Adam (referee)
The dissertation is a compilation of three empirical papers on the effects of financial development. In the first paper, we examine finance's effect on long-term economic growth using Bayesian model averaging to address model uncertainty. Our global sample findings indicate that the efficiency of financial intermediation is robustly related to long-term growth. The second and third papers investigate the determinants of wealth and income inequality, capturing various economic, financial, political, institutional, and geographical factors. We reveal that finance plays a considerable role in shaping both distributions.
Fiscal Decentralization and Economic Growth in EU Countries: Role of Institutional Mechanisms
Ting, Ka Yee ; Young, Mitchell (advisor) ; Bruno, Randolph Luca (referee) ; Svoboda, Karel (referee)
In the past three decades, there is a growing trend of conducting fiscal decentralization in both transition countries and developed countries. The primary reason for this interest is the theoretical prediction that fiscal decentralization could promote economic development through enhancing or improving the efficiency of the public sector. Despite general acceptance of the contribution of fiscal decentralization to economic growth in theoretical literature, none of the previous fiscal decentralization studies have been successfully verified the growth effect of fiscal decentralization. Moreover, a majority of the empirical research analyzes the relationship without taking institutional factors into consideration, which may result in a biased conclusion. Utilizing fixed effects panel data regression models, this thesis is dedicated to examining the impact of fiscal decentralization on economic growth across 27 EU countries over the period 1995-2015. It first analyzes how the effect of fiscal decentralization on economic growth could differ in Western European (WE) and Central and Eastern European (CEE) countries. Then, it examines the complementarity between fiscal decentralization and well-established institutional mechanism in enhancing economic growth in these two groups of EU countries by...
Vliv mezinárodní migrace na rozvoj země - případová studie Nigérie
Fleková, Veronika
The aim of this thesis is to analyse international migration and it´s impact on social and economic growth in Nigeria. The thesis is devided into three parts: theoretical, analytical and suggesing part. The theoretical part defines migration patterns, theoretical approaches to migration, causes and consequensses of migration for both sending and receiving countries. The analytical part focused on specific situation in Nigeria. What is the impact of international migration on social and economic development of the country. The recommendatory section describes possible solutions, how could Nigeria cope with the negative effect of brain-drain.
Contribution of space R&D expenditures to the economic growth of the EU
Perić, Silvija
The thesis explores quantitative relationship between space R&D expenditures and economic growth of the EU Member States. So far, there hasn’t been done quantitative research on the causal relationship of these two variables in Europe. The paper attempts to compose appropriate review of the previous research and to find the best method to evaluate the aforementioned relationship. It presents limitations in available literature in this field, as well as limitations in suitable methodology and available data. For our panel dataset we chose Granger causality. The results of the research show that there is no significant quantitative relationship - space expenditures per capita don’t Granger cause real GDP per capita, and vice versa. In the end, we provide recommendations for the EU policy, as well as for the national policies. Researchers should try to use unified time periods as well as corresponding type of data, measures, and methodology.
Factors affecting economic growth in Serbia
Papić, Danijela
This diploma thesis evaluates the impact of selected factors on economic growth in Serbia. The existence of the relationship between economic growth and chosen macroeconomic indicators is tested with the use of cointegration test, Vector Error Correction model (VECM) and Granger causality test during the period 2007-2017. When it comes to long-run dynamics, results show positive impact of inflation, while the exports have negative influence. In the short-run, positive effect is observed by inflation and exports and negative by FDI. No effect of government expenditures is revealed in both short-run and long-run.
The role of palm oil production in the economic development of Nigeria
Omoruan, Emmanuel Ekpen
The research study examines the role of palm oil productions in the economic growth and development of Nigeria as a whole. The study uses an annual time series data from 1980 to 2015 and Ordinary Least Squared Method (OLS) to estimate the multivariate regression model. The dependent variable for the study is the economic growth measured in terms of Gross Domestic Product (GDP); while the independent variable is palm oil productions (POP) measured in terms of thousand metric tons and the control variable is crude oil production (COP) measured in terms of barrels per year. The secondary data for the study is obtained from the World Bank, Index Mundi and Food and FAO. The findings in the research studies show that palm oil productions (POP) play a positive and significant role in the economic growth of Nigeria. In addition, the study confirms that crude oil production (COP) also has a positive and significant effect on the Nigeria economy.
The dependency of the standard of living in Southern Africa on land as the main factor of GDP growth
Mukucha, Charlotte Prisca
The Southern African region is constantly in debate regarding land management and redistribution from the hands of colonisers who are the minority to the black majority, the argument behind being that it is empowerment and indigenisation of the locals. One of the most ‘famous’ land reform programmes occurred in Zimbabwe, 2000 which did not go so well as anticipated and planned. Yet some African leaders think that this was a bold move made by Africa’s longest serving president and oldest ( the late R.G.Mugabe), and intend to follow the same route while in some countries such as Namibia and Tanzania are slowing repossessing the land. This paper seeks to investigate if ever since land reforms began in the region if the countries have managed to achieve the most basic and important development as interpreted by the Millennium Development Goals that is reducing hunger and poverty by 50% throughout the life span of the MDGs. Simply put the goal is to asses if land is efficiently put to use as it is regarded the main source of living in developing countries. The literature review analysed what constitutes development, how it can be achieved and how it is measured. Studies have proved that agriculture is a vital part of the region and Africa at large. This study made use of secondary annual aggregated data from databases of international institutions. Unit roots tests were applied and regression analysis was applied to ascertain the importance of the agricultural sector in the region. The results show that despite the agricultural sector employing majority of the people it is failing to produce favourable economic results but rather worsening the situation. However the situation can be salvaged to improve the sector’s performance.
The contribution of agriculture to the ghanaian economy
Ayeh, Elizabeth
The general purpose of this study is to determine the contribution of agriculture to the economy of Ghana. The country’s economy is characterised by the presence of high level of agriculture. Agriculture is the main economic activity for most people in Ghana. The study reveals that agriculture contributes about 18% to GDP, 40.65% of total employment, and about 34% of total exports of agricultural valued added goods and source of industrial inputs (raw materials) in the country. Nevertheless, agriculture in the country has faced the following challenges: low fertiliser uses and yield, pests and diseases, inadequate modern farm inputs and technologies, lack of financial support systems, rural-urban migration, agricultural extension services, land tenure system, poor road network, and low prices for agricultural products. The government should encourage more exportation of agricultural output this would concurrently, augment the country’s foreign exchange record in a positive direction and bolster the competitive qualities of the country’s products on the international front. Also, agricultural universities, if none exist, must be created and equipped with financial and technological capacities to carry out serious research and investigation into all facets of the agricultural economy; including; forestry, aquaculture, apiculture, diseases and pest, and crop production, not excluding post-harvest and marketing researches.
Analysis of Unemployment in Russia: Spatial Analysis on Russian Regions
Provazník, Jan ; Cahlík, Tomáš (advisor) ; Bezhanishvili, Levan (referee)
This thesis analyses the regional labor markets of Russian Federation in terms of unemployment and Okun's law. Using Hodrick-Prescott filter, the potential GRP and natural rate of unemployment are calculated in order to be used for the estimation of Okun's law coefficient (OLC). The analysis reveals variation in OLC between regions as well as significant spatial correlation thereof (measured by Moran's I). For the examination of Okun's convergence, a new method is developed which consists in estimating a time trend in R-squared obtained by estimating Okun's law cross-sectionally, separately for each year. The results indicate that there is no regional Okun's convergence in Russia.
What is the effect of income inequality on economic growth?
Ardeleanu, Dorian ; Baxa, Jaromír (advisor) ; Astapovich, Stanislav (referee)
The impact of income inequality on the level of economic growth is an impor- tant question, but the existing literature did not reach a consensus about the sign of its effect. This thesis studies the impact in 93 countries over the years 1995-2015. We apply two different methods: the fixed effects with Newey and West standard errors, and the first-difference generalized method of moments. The main findings emphasize that a widening wealth gap has an overall negative influence over the real GDP per capita growth. Besides that, the effect is stronger among low-income countries than among high- income ones. Moreover, we find that the impact of income inequality on economic growth depends on the governing party's doctrine. It is negative and statistically significant only in states with centrist governments. 1

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