Assessment of Convergence Processes of Financial Depth Indicators in States With Different Levels of Economic Development

Čižo, Edmunds; Ignatjeva, Svetlana; Lavrinenko, Olga

doi:10.9770/jssi.2018.7.3(8)

Cited by 5 publications

(4 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…To assess the green economy factors and sub-factors, it is necessary to unify the indicators presented in Table 1. Unification of indicators is the reduction of statistical data to a certain type for further assessment of sub-factors, factors, and the overall green economy indicator in the segment [0:10] (Lavrinenko, 2015;Čižo et al, 2018): Values of the green economy indicator in each country are defined as the arithmetic mean of each factor characterising the green economy. The value of each factor is determined as the arithmetic mean of sub-factors characterising certain factors.…”

Section: Methodsmentioning

confidence: 99%

“…The ratio of the standard deviation to the mean (variation coefficient) is another indicator that is often used if there is a trend in the time series. However, β-convergence does not always imply σ-convergence: in the situation where a group of richer and poorer regions is constantly changing (due to deterioration of the economic situation in the rich regions and economic improvement in the poor regions), but the overall level of the gap between the rich and poor regions is constant, there is no σconvergence (Sala-i-Martin 1996a, Sala-i-Martin 1996b, Barro and Sala-I-Martin 1995;Lavrinenko, 2015;Čižo et al, 2018). σ-convergence is based on a statistical approach: the analysed indicators are variance, standard deviation, variation coefficient, etc.…”

Section: Methodsmentioning

confidence: 99%

See 1 more Smart Citation

Disproportions of the green economy in the selected countries

Pceļina,

Lavrinenko,

Danileviča

2023

JESI

View full text Add to dashboard Cite

One of the main objectives of the economic policy of the European Union is to reduce the differences in the development levels of its member states or a process of real convergence to ensure balanced and sustainable economic development and growth in the EU countries. Each country strives to contribute to its prosperity. The authors analyse and compare the dynamics of green economy development in the EU countries in the period 2015 -2019 to clarify whether there is convergence or divergence, and this way, answering the question of whether disparities in the green economy development between the EU member states increase or decrease during this period. The study used logical analysis and synthesis, monographic and analytical research of economic, theoretical, and empirical sources (at the international level), statistical analysis methods, Barro regressions, and a cartographic method.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

Disproportions of the green economy in the selected countries

Pceļina,

Lavrinenko,

Danileviča

2023

JESI

View full text Add to dashboard Cite

show abstract

“…where δ -a standard deviation, x -an average value, Хmax and X min-the largest and smallest value of the characteristic in the selection (Čizo et al, 2018;Smirnov et al, 2019).…”

Section: Entrepreneurship and Sustainability Issuesmentioning

confidence: 99%

Analysis of disparities in the use of information and communication technology (ICT) in the EU countries

Aleksejeva¹,

Lavrinenko²,

Betlej³

et al. 2021

JESI

Self Cite

View full text Add to dashboard Cite

In general, the digital economy plays an important role in the achievement of sustainable economic development, creation of a favourable investment climate, increase in income, and improvement of the welfare of the population. The digital economy is a very broad concept and it refers to the digitalization of the economy as a whole. However, it is based on infrastructure and the intensity of the use of Internet technology. To what extent do the EU countries differ in terms of availability and use of Internet technology? What trends occur in the dynamics of disparities in the level of use of Internet technology in the EU countries? In relation to the abovementioned questions, it is necessary to monitor and analyse the level of use of Internet technology in various EU countries in dynamics. The purpose of the research is to assess the level of use of Internet technology in the EU as a basis of the digital economy, as well as to assess disparities in the use of Internet technology in the EU in the period 2012-2020.

show abstract

“…The conclusion of Danuletiu et al [20] is consistent with the economic theory that the financial sector development and growth has an important connection. Hence, the need for more financial depth [21]. Though these financial indicators are facing the number of obstacles that could impede their impact on the economy, some countries have addressed this issue by facilitating and providing the needed economic resources efficiently to increase economic growth [16].…”

Section: Introductionmentioning

confidence: 99%

The Impact of Financial Depth and Banking Indicators on Economic Growth in the Gulf Countries: An Analytical Study

Aljarallah

2022

AJEBA

View full text Add to dashboard Cite

Recognition of the main drivers of economic growth of a nation is crucial to implement sound policies and regulations that enable economies to improve and progress. One of the key drivers of any strategy for economic growth is the development of the financial sector. The financial sector and its institutions play a significant role in increasing economic growth by supporting creativity and innovation, accumulating private wealth, directing savings into beneficial investments, offering different opportunities for investors, enhancing productivity, and improving the stability of the economy. The present study identifies the role of financial depth and banking indicators as a development of the financial sector in determining economic growth in the Gulf Countries (GC) from 2000 to 2018. For this purpose, the Generalized method of moments (GMM) approach is used. The results indicate that Bank Credits to the private sector are significantly contributing to the economic growth but the bank cost and deposit money banks' assets hurt economic growth in GC. Since the negative impact of credit to government and state enterprises on growth is revealing the phenomenon of crowding out, it is recommended that the governments in GC should promote credit to the private sector instead of borrowing themselves to remove the crowding-out effect.

show abstract

Assessment of Convergence Processes of Financial Depth Indicators in States With Different Levels of Economic Development

Cited by 5 publications

References 0 publications

Disproportions of the green economy in the selected countries

Disproportions of the green economy in the selected countries

Analysis of disparities in the use of information and communication technology (ICT) in the EU countries

The Impact of Financial Depth and Banking Indicators on Economic Growth in the Gulf Countries: An Analytical Study

Contact Info

Product

Resources

About