32 research outputs found

    The Impact of Internet on Economic Growth in North Africa: New empirical and policy analysis

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    The purpose of this paper is to treat the impact of the internet on growth for a sample in the case 4 economies of the North Africa over the period 1995-2017 using various techniques such as the ARDL bounds testing approach, Panel ARDL Model, OLS Fixed Effect, OLS Random Effect, FMOLS, 2 SLS, RLS, GLM, and GMM. Indeed, for the time series results, the ARDL highlights reported the presence of a negative impact of the internet on economic growth in Algeria, Egypt, Morocco, and Tunisia. Also, the main results of the Panel data models confirm the fact that the internet exerts a significant negative impact on growth for North Africa as a whole. These economies are invited to orient the use of the internet towards productive ways to reap the benefits of the spread of the internet and proactively enhance the prosperity in this region as a whole

    AGRICULTURAL EXPORTS, AGRICULTURAL IMPORTS AND ECONOMIC GROWTH IN CHINA

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    Since the beginning of the third millennium, the Chinese agricultural exports increase at a strong pace. In this context, this paper aims to answer the question if the agriculture trade promotes Chinese economic growth by employing the ARDL bounds testing for the study period from 1984 to 2017. In the long run, our highlights reported that domestic investment and agricultural exports have a positive effect on economic growth. However, agricultural imports have a significant negative impact on growth. In the short run, our insights reported a positive and significant effect of domestic investment, agricultural imports, and agricultural exports on economic growth. The positive impact of agriculture exports on growth is due to the importance of agriculture in terms of creating jobs and opportunities for the economy. Therefore, sufficient national investment in the agriculture sector tends to enlarge these opportunities and then improves Chinese economic growth

    An Exploratory Study of the Causality between Internet Use, Innovation, and Economic Growth in Tunisia: An indispensable Case Analysis

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    In line with the exogenous and endogenous theory coupled with the seminal Schumpeterian contribution, we attempt to investigate the impact of the use of internet and innovation on economic growth in the case of the Tunisian economy. For this purpose, we employ the ARDL bounds testing methodology over the period 1985-2018. In the short-run, our empirical facts outline the absence of a significant effect of innovation on economic growth. Also, our empirical findings reported that the internet stimulates economic growth. However, in the long-run, our empirical findings pointed out the presence of the negative impact of the innovation and the use of internet on economic growth. Moreover, our results show a significant positive impact of the internet and economic growth on innovation in the long-run. Finally, our results show a negative impact of economic growth on the use of the internet. However, the results display a significant positive impact of innovation on the use of the internet. From these perspectives, the Tunisian authorities should take seriously the innovation and the potential of the use of the internet which can help the economy to be modernized, diversified, and robust to create new jobs and to find new markets and new strategic partners, and new opportunities

    Tie among Domestic Investment, Total Consumption and External Debt: Lessons from Tunisia

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    This paper aimed at examining the tie between domestic investment, total consumption, and external debt in the case of Tunisia over the period 1970-2017. By applying the VECM, in the long-run, our findings recorded the fact that that external debt and domestic investment have a negative effect on total consumption. However, we found a significant negative impact of the total consumption and external debt on domestic investment. In the short run, we recorded that only total consumption and external debt cause domestic investment. Due to the importance of our insights, several lessons for Tunisia in terms of commitment towards the aims of the 14 January revolution and reforms should be undertaken

    Tie among Domestic Investment, Total Consumption and External Debt: Lessons from Tunisia

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    This paper aimed at examining the tie between domestic investment, total consumption, and external debt in the case of Tunisia over the period 1970-2017. By applying the VECM, in the long-run, our findings recorded the fact that that external debt and domestic investment have a negative effect on total consumption. However, we found a significant negative impact of the total consumption and external debt on domestic investment. In the short run, we recorded that only total consumption and external debt cause domestic investment. Due to the importance of our insights, several lessons for Tunisia in terms of commitment towards the aims of the 14 January revolution and reforms should be undertaken

    Does Agricultural investment still promote economic growth in China? Empirical evidence from ARDL bounds testing model

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    One of the major unresolved research issues in agriculture is the question as to whether agricultural investments still a promoter of economic growth at the regional and local levels. The concern is not with the agricultural benefits, principally measured as food security, but whether there are additional development benefits from these investments. In this paper, we have developed a new approach to study the impact of agricultural investment on economic growth. By taking the case of China, this study is based on the Auto-Regressive Distributive Lags (ARDL) approach that is proposed by Pesaran et al (2002). The empirical estimate yields interesting results. In the short and long terms, agricultural investment has a positive effect on economic growth. The findings of this research have important implications for further policy designs that seek to maintain the agricultural sector in China in the future

    The Impact of Trade Openness, Foreign Direct Investment and Domestic Investment on Economic Growth: New Evidence from Asian Developing Countries

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    The objective of this paper is to examine the impact of openness, foreign investment inflows, and domestic investment on economic growth for the case of 24 Asian economies over the time span 2002-2017 through the use of the fixed and random effect models. Our empirical results pointed out that domestic investment positively influences economic growth. However, we found that foreign direct investment and exports are negatively affecting the growth path. Also, the population, imports, and final consumption expenditure have no real impact on economic growth. Due to the importance of the positive externalities linked to the trade openness and foreign direct investments inflow, in terms of technology transfer bias, financial capacities, human expertise, large markets size, and spillover effect added to the domestic capacities and the national investment, the pace of the phenomenal economic performance of the Asian economies is very well justified

    Agricultural Exports, Agricultural Imports and Economic Growth in China

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    Since the beginning of the third millennium, the Chinese agricultural exports increase at a strong pace. In this context, this paper aims to answer the question if the agriculture trade promotes Chinese economic growth by employing the ARDL bounds testing for the study period from 1984 to 2017. In the long run, our highlights reported that domestic investment and agricultural exports have a positive effect on economic growth. However, agricultural imports have a significant negative impact on growth. In the short run, our insights reported a positive and significant effect of domestic investment, agricultural imports, and agricultural exports on economic growth. The positive impact of agriculture exports on growth is due to the importance of agriculture in terms of creating jobs and opportunities for the economy. Therefore, sufficient national investment in the agriculture sector tends to enlarge these opportunities and then improves Chinese economic growth

    Does Agricultural investment still promote economic growth in China? Empirical evidence from ARDL bounds testing model

    Get PDF
    One of the major unresolved research issues in agriculture is the question as to whether agricultural investments still a promoter of economic growth at the regional and local levels. The concern is not with the agricultural benefits, principally measured as food security, but whether there are additional development benefits from these investments. In this paper, we have developed a new approach to study the impact of agricultural investment on economic growth. By taking the case of China, this study is based on the Auto-Regressive Distributive Lags (ARDL) approach that is proposed by Pesaran et al (2002). The empirical estimate yields interesting results. In the short and long terms, agricultural investment has a positive effect on economic growth. The findings of this research have important implications for further policy designs that seek to maintain the agricultural sector in China in the future

    The impact of Combustible Renewables and Waste on Economic Growth and Environmental Quality in Tunisia

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    This paper aiming at investigating the impact of renewable combustible and waste on the economic growth and environmental quality for the case of Tunisia using the ARDL bounds testing approach during the period 1971-2018. The results confirm the presence of long-run relationships between the combustible renewables and waste and the aggregate wealth proxy and the ecological proxies, respectively. Furthermore, for the production function model, our empirical results reflect that combustible renewables and waste exerts a significant positive effect on economic growth. For the environmental model, the findings confirm that combustible renewables and waste has a negative effect on environmental quality. From this outlook, the perspectives on the use of renewable energy use in Tunisia seem to be constructive and positive. The transition towards friendly energy sources is the main response to the climate emergency for a green economy in accordance with the Millennium Development Goals (MDGs).The encouragement of sustainable consumption, sustainable goods, and practices will be the main element towards the achievement of the green transition of the structure Tunisian economy as a whole
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