nach oben

Quality & Quantity

Erschienen in:

03.07.2018

Development dynamics: Pre and Post Brexit analysis of United Kingdom

verfasst von: Muhammad Jawad, Zaib Maroof, Munazza Naz

Erschienen in: Quality & Quantity | Ausgabe 2/2019

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

The main prospective of this research is to analysis the industrial development (IDV) nexus for a sample of Pre Brexit Polling and After Brexit Polling in the economy of United Kingdom. The prevalence of structural, political and institutional instabilities in the region under study makes it important to study from a policy perspective. The specific objective of the current study is to check the nature of relationship between capital account openness, trade openness, equity openness and IDV for Pre Brexit Polling and After Brexit Polling in United Kingdom. The current study utilized time series data set for Pre-Brexit analysis data from May 1, 2014 to June 23, 2016 and Post-Brexit analysis data from June 24, 2016 to May 1, 2018. Initially multiple regression methods was applied and in next step VAR, Impulse response function and Variance decomposition has been applied for describing shocks, quantifying shocks and explaining intra and inter dependencies respectively. Results showed that Financial openness policies and macroeconomic policies should be totally reformulated and redesigned as the previously followed policies does not contributed in IDV in Pre Brexit Polling and Post Brexit Polling in United Kingdom.

Vorheriger Artikel Three-valued modal logic for theory construction with contradictory data

Nächster Artikel Willingness to pay for ecological function regions protection based on a choice experiment method: a case study of the Shiwandashan nature reserve

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Ang, J.B., McKibbin, W.J.: Financial liberalization, financial sector development and growth: evidence from Malaysia. J. Dev. Econ. 84(1), 215–233 (2007)CrossRef

Atiq, Z.: Essays on Financial Liberalisation, Financial Crises and Economic Growth. Thesis for Doctor of Philosophy in the Faculty of Humanities, University of Manchester, UK (2014)

Babatunde, M.A.: Can trade liberalization stimulate export performance in Sub-Saharan Africa? J. Int. Glob. Econ. Stud. 2(1), 68–92 (2009)

Beck, T., Demirgüç-Kunt, A., Levine, R.: Law and finance: why does legal origin matter? J. Comp. Econ. 31(4), 653–675 (2003)CrossRef

Bhagwati, J.: In Defense of Globalization. Oxford University Press, Oxford (2004)

Cornwall, J.: Diffusion, convergence and Kaldor’s laws. Econ. J. 86(342), 307–314 (1976)CrossRef

Cornwall, J.: Modern capitalism: its growth and transformation. Martin Robertson, London (1977)

Dickey, D.A., Fuller, W.A.: Likelihood ratio statistics for autoregressive time series with a unit root. Econom. J. Econom. Soc. 49, 1057–1072 (1981)

Edwards, S.: Openness, productivity and growth: what do we really know? J. Dev. Econ. 98, 383–398 (1998)

Fagerberg, J.: Technology and international differences in growth rates. J. Econ. Lit. 32(3), 1147–1175 (1994)

Fagerberg, J., Verspagen, B.: Technology-gaps, innovation-diffusion and transformation: an evolutionary interpretation. Res. Policy 31(8), 1291–1304 (2002)CrossRef

Guadagno, F.: The determinanths of industrialisation in developing countries, 1960–2005 (No. 031). United Nations University-Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) (2016)

Heeks, R.: India’s Software Industry: State Policy, Liberalisation and Industrial Development. Sage Publications Inc., Thousand Oaks (1996)

Jawad, M., Naz, M.: Pre and Post effect of Brexit polling on United Kingdom economy: an econometrics analysis of transactional change. Qual. Quant. (2018). https://doi.org/10.1007/s11135-018-0746-1

Jones, D.R., Schonlau, M., Welch, W.J.: Efficient global optimization of expensive black-box functions. J. Glob. Optim. 13(4), 455–492 (1998)CrossRef

Kaldor, N.: The case for regional policies. Scott. J. Polit. Econ. 17(3), 337–348 (1970)CrossRef

Kabango, G.P., Paloni, A.: Financial liberalisation and industrial development in Malawi. Reserve Bank of Malawi and University of Glasgow, Lilongwe (2010). http://www.gla.ac.uk/media/media_145952_en.pdf

Kniivilä, M.: Industrial development and economic growth: Implications for poverty reduction and income inequality. Industrial development for the 21st century: Sustainable development Perspectives. United Nations publication, Sales No. 07.II.A.1 (2007)

Kouassi, R.N.G.: Les chemins du développement de l’Afrique. Book Editions L'Harmattan (2008)

Lee, B.D.: Politics of Industrialization: The Textile Industry in South Korea and the Philippines. Northwestern University, Evanston (1992)

Lucas, R.E.: On the mechanics of economic development. Econom. Soc. Monogr. 29, 61–70 (1998)

McKinnon, R.I.: Money and Capital in Economic Development. Brookings Institution Press, Washington (1973)

Ng, F., Yeats, A.J.: Good governance and trade policy: are they the keys to Africa’s global integration and growth? World bank Policy research working paper (1998). https://doi.org/10.1596/1813-9450-2038

Prasad, E., Rogoff, K., Wei, S.J., Kose, M.A.: Effects of financial globalization on developing countries: some empirical evidence. In: India’s and China’s Recent Experience with Reform and Growth, pp. 201–228. Palgrave Macmillan UK (2005)

Prebisch, R.: The economic development of Latin America and its principal problems. Econ. Bull. Latin Am. E/CN.12/89/Rev.l, 1–59 (1962)

Rajan, R.G., Zingales, L.: Financial Dependence and Growth (No. w5758). National Bureau of Economic Research, Cambridge (1996)CrossRef

Rajan, R.G., Zingales, L.: Financial dependence and growth. Am. Econ. Rev. 88, 559–586 (1998)

Rodriguez, F., Rodrik, D.: Trade policy and economic growth: a skeptical guide to cross-national evidence. NBER Working Paper Series, Working Paper 7081, Cambridge, MA: NBER (2001)

Romer, P.M.: Increasing returns and long-run growth. J. Polit. Econ. 94(5), 1002–1037 (1986)CrossRef

Romer, P.: Are nonconvexities Important for Understanding Growth? (No. w3271). National Bureau of Economic Research, Cambridge (1990)CrossRef

Shafaeddin, M.S.: Trade liberalization and economic reform in developing countries. IMFWorld Bank Policy Reform 155, 2–20 (2005)

Shaw, E.: Financial Deepening in Economic Growth, vol. 19(73.21), pp. 1–278. Oxford University Press, New York (1973)

Shin, W.Z.: Knowledge diffusion, economic growth, and industrialization: a study of the Korean Industrialization process. Unpublished Doctoral Dissertation, University of Utah (2003)

Singh, A.: Financial liberalisation, stockmarkets and economic development. Econ. J. 107(442), 771–782 (1997)CrossRef

Solow, R.M.: A contribution to the theory of economic growth. Q. J. Econ. 70(1), 65–94 (1956)CrossRef

Stiglitz, J.: Development policies in a world of globalization. Paper presented in New International Trends for Economic Development, BNDES, Rio de Janeiro, Brazil (2002)

Walton, J.: Theory and research on industrialization. Ann. Rev. Sociol. 13(1), 89–108 (1987)CrossRef

Zelleke, G., Sraiheen, A., Gupta, K.: Human Capital, Productivity and Economic Growth in 31 Sub-Saharan African Countries for the Period 1975–2008. Int. J. Econ. Finance 5(10), 1 (2013)CrossRef

Titel: Development dynamics: Pre and Post Brexit analysis of United Kingdom
verfasst von: Muhammad Jawad
Zaib Maroof
Munazza Naz
Publikationsdatum: 03.07.2018
Verlag: Springer Netherlands
Erschienen in: Quality & Quantity / Ausgabe 2/2019
Print ISSN: 0033-5177
Elektronische ISSN: 1573-7845
DOI: https://doi.org/10.1007/s11135-018-0789-3

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Wirtschaft"

Weitere Artikel der Ausgabe 2/2019

Fixed and random effects models: making an informed choice

An integrative approach to measurement: focus groups as a survey pretest

Statistical model for earthquake economic loss estimation using GDP and DPI: a case study from Iran

Disciplinary homogeneity in university departments following the Gelmini law: an exploratory analysis through social networks

Wellbeing indicators affecting female entrepreneurship in OECD countries

Knowledge, technological convergence and economic growth: a dynamic panel data analysis of Middle East and North Africa and Latin America