Suchergebnisse

This research aims to measure the regional disparities in Jordan's economic growth during 2010-2017. As an indicator to measure the economic growth in each region is the regional factor (R) adopted, and for estimation the regional factor is the Shift and Share method used. This method is widely used by geographical economist. The annual average of household income, as economic indicator, to estimate the regional factor in this study will be adopted. Data on annual household income were taken from the expenditure and income surveys prepared by the Jordanian General Statistics Department in year 2010 and year 2017. The results of this study indicate that economic growth in Irbid region and Mafraq region was greater than the national growth, while the rest of the regions have had much slower economic growth compared to national growth during the study period. Expect Amman region, the capital of Jordan, showed similar economic growth to national level. The results of the research indicate that the region's share of income increased for regions that achieved high economic growth and in return this share was reduced to the values that showed low growth and lower than the rate of national economic growth. The least economically developed regions are the regions in the south of the country, despite the development policies in the field of balanced regional development, but because of the lack of infrastructure, they are still unable to reduce the development gap between the regions in Jordan. The study recommended the need for the government to enable the regions to accelerate regional development as well as reduction in the development gap between them by devolving administrative and financial powers from the central level to the regional level. It also recommended the need to support investment, especially in the less developed regions.

Keywords: economic growth, regional economics, income distribution, development planning, decentralization.

This paper aims to understand the growth experiences of fourteen major states of India in the period 1980 to 1998. We use two measures of convergence, σ-convergence and ß-convergence to examine whether per capita income in the states have been converging or diverging. By both standards of convergence, India demonstrated overall divergence during the period 1980-98, as well as during both the pre-reform and post-reform sub-periods. Interestingly, the richer states experienced a degree of convergence during the post-reform period, while the poorer states did not. Divergence was most notable within the poorer group of states. As against the U.S. states, Japanese prefectures and the European regions, both India and China display no signs of conditional convergence much less unconditional convergence. We suggest four possible hypotheses: (1) the geographical differences are larger in India and China than in the United States, Europe, and Japan; (2) population movements in the United States, Europe, or Japan more readily arbitrage differences across regions; (3) policies of the national or regional governments prevented convergence, and (4) economic convergence is easier at higher levels of economic development than in China and India. A remarkable 82 percent of the cross-state variation in growth is explained by just the urbanization variable in India, and with no hint of any conditional convergence after controlling for the degree of urbanization. The regression estimate shows that a 10-percentage-point higher rate of urbanization is associated with 1.3 percentage points per year higher annual growth. We also offer some preliminary explanations for the unusual growth experiences of some states. We consider four such mysteries: (1) the mediocre growth of Kerala despite excellent social indicators; (2) the relatively fast growth of landlocked, and arid Rajasthan; (3) the improved growth performance of landlocked Madhya Pradesh; and (4) the poor growth performance of coastal Orissa.

AbstractOver recent years, the context of regional inequality has been dramatically reshaped and become significantly more challenging, especially for the European Union and its Member States; this is primarily as a result of the processes of globalization and economic integration, the recent economic crisis of 2008, as well as the surge of populism and anti‐establishment extremism. It is in this setting that this paper investigates, in a consistent way, regional inequality in Greece in the post‐1981 era, paying special attention to two distinct but related issues; that is: (i) regional inequality and economic development (the inverted‐U hypothesis); and (ii) regional inequality and business cycles. The study presents empirical evidence, using sound and rigorous spatial methods, such as exploratory spatial data analysis, spatial econometrics and (spatial) decomposition techniques. Greece is studied not only as a country that has been at the epicentre of such seismic changes, but also as a country of the European Union that presents high regional disparities and undergoes severe economic cycles. From a policy perspective, the findings of this study hold the potential for advancing measures that will improve the effectiveness of regional economic policy.

Fiscal decentralization in Indonesia initiated in 2001 has proven to be effective and efficient; although, its implementation still need to be evaluated. The aim of the study was to analyze the implementation of fiscal decentralization on economic growth in Central Java. Tools multiple regression analysis using the method Fixed Effect Model (FEM).The period of the research was 9 years (2009-2017), and the subject of the was 35 districts/cities in Central Java Province. The dependent variable was economic growth, the independent variable was fiscal decentralization, and the control variables were investment and labor. The results showed that fiscal decentralization has a positive effect on economic growth in the district/city in Central Java. Other findings, private investment and the amount of labor encourage economic growth in Central Java. Based on findings, to reduce the fiscal gap, local governments should be able to increase their fiscal capacity through the development of commodity-based economic activity in their regions Keywords: Fiscal decentralization, Economic growth, Investment, Labor

The impacts of financial deepening on economic growth have been a debate for decades. This research analyzes the impacts of financial deepening on provincial-level economic growth in Indonesia from 2001 to 2016. The use of provincial level data is rarely found in the literature, as well as to reduce unobserved heterogeneity in cross-sectional data between countries. The financial deepening approach in this study is limited to the banking side considering that the banking sector is still very dominant compared to other financial sectors in Indonesia. Through the panel data approach, it found there is a significant positive correlation between financial deepening and regional economic growth supporting previous studies. In this regard, the Government must take serious steps to deepen the domestic financial market, primarily through the banking sector.

The primary objective of cohesion policy is to reduce the differences in the economic development of the regions. The determinants of taken actions are the subject of research and discussion. An important factor in economic success is human capital. The article discusses the measurement of the relations between human capital resources and economic development in regions. Data of Statistics Poland for the years 2010—2015 were used. In the study, aimed at indicating the relationship between human capital and the level of economic development in the regions, a measure of human capital (HC) was applied. The established dependencies are of a non-linear nature.