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The development of Information and Communication Technologies (ICTs) in general and Software in particular play a central role in stimulating industrial productivity, tending to facilitate reorganization of production processes, logistics and distribution, as well as control over value chains and marketing, generating a higher level of value added tax on the final product and creating the possibility...
The issue of low productivity growth and reliance on foreign labour are major concerns in Singapore. Traditionally, identifying productivity issues usually involves an expert's opinion or market surveys. These methods might be biased or labour intensive. In this paper, we consider an alternative method, a data-driven approach using text mining. Various text mining techniques are applied on the data...
This study is aimed to analyze the relationship between energy and economic growth in Indonesia. Data were collected from the Statistical Central Bureau for the period of 1999-2012. Gross Domestic Product (GDP) was used as an indicator of the economic growth, while energy which was used as parameter that contributes to the economic growth was crude oil production. The different test was applied to...
This paper estimates the total factor productivity (TFP) of each province and analyzes the impact of different type of R&D activities on TFP based on Chinese provincial panel data over the periods of 2000-2011. We divide R&D inputs into basic research, applied research and development according to the type of activities. The results show that the impact of basic research and applied research...
The demand of Information and Communication of today world citizen has triggered ICT as rapidly growing industries in the world. The ICT critical role is significant in improving people's welfare in the sense of providing services for competitiveness and high level of efficiency in all aspects of life, particularly in relation to time and distance. Hence by its nature ICT industry have contributed...
This paper examines the relationship between public capital stock and economic growth in different regions in China. A time series analysis is used to estimate the dynamic relationship between public stock and the productivity of the regional economy. The short-run and long-run impacts from public capital stock on the growth of the regional economy are also examined. This research finds that there...
We all talk about the reality of a fast-changing cybersecurity environment driven by the overlap of new attackers and new technology. There is, at the same time, a lot of good academic work going on. But wouldn't it be nice to have a measure of how the cybersecurity body of knowledge is growing, and what share of that body of knowledge outdates yearly?
Whether monetary policy should directly respond to asset boom-bust cycles has been in debate for decades. This paper tries to answer the question from the collateral channel of assets on real economy. By adding a partially endogenous financial shock in a reduced-form New Keynesian model, we find optimal monetary policy exists in the trade-off between current economic growth and future financial instability...
This paper studies the affecting factors of service industry in China by using the Granger Causality test, Johansen cointegration test and impulse response function. We found that the economic growth and the increase of employment of service industry can promote the development of the service sector in China. And the growth of the service industry does have a positive effect on urbanization process...
This article, taking Wolong District in Nanyang city of Henan province as an example, has tried to give some suggestion to the problem of accelerating the transference of rural surplus labor force under the construction of new countryside by investigating its situation and factors related.
In this paper, we construct the measurement model with the six central provinces 2000–2009 panel data, and derive the provincial effects from the technical options for the upgrading of industrial structure. The conclusion illustrates the technical options play an important role in promoting the upgrading of industrial structure and regional economic growth. We believe only by combining elements of...
Humans have always lived in ages of anxiety with the times busily trying the souls of men and women alike. Ironically, levels of anxiety and soul wrenching are positively correlated with resources and the income (GDP) we are producing. Because resources have never been so plentiful, levels of fretting are also reaching new highs. But do these emergent concerns correlate with some measure of how critical...
In recent years it have been recognized that the service sector has take a more and more important role in today's economy. Evaluating the level of development in service sector is crucial for the regional government to formulate the policies that support the development of its service sector. This paper has constructed an index system for evaluating the development of service sector. And then use...
According to the empirical analysis in this paper, there is an optimal concentration degree of production and population for Chinese provinces, whether below or above the optimal value will cause serious loss to economic growth. These provinces, such as Guangdong, Hubei, Sichuan, Liaoning, Heilongjiang should scatter production and population to their medium and small cities, so as to avoid the non-economical...
In this paper, author applies the frontier production function approach to analyze the economic growth happened in North East of China with the panel data of three provinces in north-east of China during the period 1978 to 2008. Author finds that the contribution of input factors in the process of economic growth is decreasing gradually, and the contribution of total factor productivity is strong...
In this paper we examine levels and trends in conventional and regulation on CO2 emissions sensitive productivity over the period 1995 to 2007. Firstly, we estimate and compare two type TFP index from regulations on CO2 emissions to no regulations over current levels. And test the difference of TFP in two kinds of conditions. The major conclusions are as follows: With accounting for convention, sensitive...
How to realize the low-carbon economy has drawn great attention of our government in recent years. This paper will base on the nature of the low-carbon economy to construct a metric model by analyzing 28 Chinese provincial administrative units' panel data which are from 1999 to 2009. The finding proves that there really exists a long-term balanced relationship between carbon productivity, economy...
This paper focuses on the core issue that "whether FDI inflow will play a catalytic role in the host country's outward FDI". We select two big developing countries China and India, using an extended IDP model to have an empirical test. The result shows that, the original logic of IDP theory is established for both countries, that is, the level of economic development is an important factor...
The total factor productivity is one of the important indexes to measure sustainable economic growth. According to the 1990–2008 Gansu services data, this paper empirically analyses the service industry total factor productivity growth in Gansu province by nonparametric Malmquist index method. It is concluded that there exist certain differences between technical efficiency and technical progress...
The industry investment emphasizes how the role of the investment may effect the structure of the industry and whether the investment could stimulate the industry for further development. Taking the regional productivity and relative advantage into consideration and using Polynomial distributed lags model, the dynamic correlation between gross fixed assets investment and GDP of the three industries...
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