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Quantitative Assessment of the Dynamics of Changes in the GDP Per Capita Index in the Regions of Bulgaria and Slovakia

References/Literatura: 1. Lewandowski, K. (2011). Ocena polityki regionalnej Unii Europejskiej w świetle badań empirycznych. Gospodarka w teorii i praktyce, 2 (29), 53-64. 2. Łaźniewska, E., Górecki, T., Chmielewski, R. (2011). Konwergencja regionalna . Poznań: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu. 3. Puga, D. (2001). European Regional Policies in Light of Recent Location Theories. CEPR Discussion Paper Series , 2767, 14-15. 4. Surówka, A., Prędka, P. (2016). PKB per capita jako wyznacznik rozwoju ekonomicznego regionów

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Factors Which Influence the Growth of Creative Industries: Cross-section Analysis in China

Factors Which Influence the Growth of Creative Industries: Cross-section Analysis in China

With the more and more important roles of creative economy, its research has become one of the major fields in economic development. The creative economy has the potential to generate income and jobs while promoting social inclusion, cultural diversity and human development. As a developing country, China is also in need of developing the creative economy to adjust the economic structure and realize the sustainable development. In this paper, we examined the factors which influence the growth of creative industries in China through the cross-section analysis of 23 regional data in 2007. Four main factors were examined in this multi-regression model, that is, GDP per capita, the number of higher education institutions, the number of students enrolled in higher education institution and the number of patents.

The statistical analysis found that the model's fit is quite good and 69% of dependent variable (the ratio of value-added of creative industries to the GDP) is explained by the model. Specifically, there are three sub-conclusions. Firstly, there is not a positive relationship between GDP per capita and dependent variable; on the contrary, there is a weak negative relationship in this model. We infer that it is because of the stage of economic development. China heavily depends on the development of the second industry in the process of industrializing. Secondly, there is no linear relationship, in this model, between the number of higher education institutions and the dependent variable. We infer that it is mainly due to the differences between the higher education institutions, such as scales and qualities, etc. Thirdly, there is enough evidence to conclude that the number of students enrolled in higher education institution and the dependent variable are linearly related; the number of patents and the ratio of creative industries are linearly related, as well. They represent the important roles of talents and technology in the development of creative industries.

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Dynamics, Characteristics and Prospects of Consumer Spending in Albania

Abstract

In this paper analyzes the problem of the dynamics of income and expenditure of households in Albania. Analyzing costs in general, spending on food in particular, both connected with a range of other indicators of welfare, with per capita income, expenses for the basket of goods, according to its elements and structure. Survey basket expenditure according to regions of Albania. Analyzed per capita income, expenses basket compared with countries in the region, Europe and the world. The goal is: to extract an accurate conclusion, the place at which ranks Albania in these indicators. What to do in the future, in order to emerge from this negative situation. The conclusions drawn from the analysis are: Albania ranks last places of the world, the indicator of per capita income and expenditure of households. Ranked in first countries in the region and in Europe for the indication of the percentage of expenditure on food and non-alcoholic drinks to the total cost of items in the basket. This situation has come as a result of lower rates of growth of its economy. It recommended changes in the structure of GDP in terms of growth of light industry and food industry extraction and processing, etc. By developing these branches will grow faster GDP and national income, and consequently will increase per capita income. Methods used are: methods of analysis and synthesis, methods of description and comparison, statistical methods etc.

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The role of entrepreneurship in explaining the real Gross Domestic Product per capita: Regression model selection

and GDP per capita. In Bendekovic, M., Klacmer Calopa, M. and Filipovic, D. (Eds.) “Economic and Social Development”, Book of Proceedings of the 6th International Scientific Conference on Economic and Social Development and 3rd Eastern European ESD Conference: Business Continuity, Vienna, 25-25 April 2014.Varazdin, Croatia: Varazdin Development and Entrepreneurship Agency. ISBN: 978-953-6125-10-4. pp. 507-516. 16. Harris, R. (1995). Using Cointegration Analysis in Econometrics Modelling. Prentice Hall/Harvester Wheatsheaf, Upper Saddle River

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Testing the validity of the Linder hypothesis for Croatia

2018]. 29. World Bank (2018a). GDP per capita (Current US$). Available at https://data.worldbank.org/indicator/NY.GDP.PCAP.CD [01 May 2018]. 30. World Bank (2018b). World Integrated Trade Solution. Available at https://wits.worldbank.org/CountryProfile/en/Country/HRV/StartYear/2000/EndYear/2016/TradeFlow/Import/Partner/ALL/Indicator/MPRT-TRD-VL [01 May 2018].

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The Number and Geographical Scope of the EU Foreign Policy Initiatives of Small Member States: Does „smallness“ matter?

International Relations. Oxford: Clarendon Press. http://epp.eurostat.ec.europa.eu/tgm/table.do?tab=table&init=1&language=en&pcode=tps00001&plugin=1(accessed 28 May 2014) http://ec.europa.eu/eurostat/statistics-explained/index.php/ (accessed 29 September 2014) http://ec.europa.eu/eurostat/statistics-explained/index.php/GDP_per_capita,_consumption_per_capita_and_price_level_indices#Further_Eurostat_information (accessed 29 September 2014) http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG http://stats.oecd.org/Index.aspx?DatasetCode=SNA_TABLE1

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Do Transition Countries Converge towards the European Union?

Abstract

The aim of this paper is to analyze if the Western Balkan and Eastern Partnership countries converge towards the twenty-eight members of the European Union. The relationships between the selected macroeconomic variables and per capita GDP growth rate are econometrically tested to support this research. The analyzed period is 2004–2017, with two sub-periods: 2004–2008 and 2009–2013. The subdivision is made to test whether the recent financial crisis affected the absolute and conditional convergence process in the analyzed group of countries. The empirical findings support the economic convergence hypothesis. The results show that the recent financial crisis negatively affected the absolute and conditional convergence process, when economic variables are included in the analysis. The negative effects of the crisis on conditional convergence with economic and socio-political variables are not identified. The poorer countries in the analyzed group should do more to attract investment and open their economies, as gross fixed capital formation and economic openness have a positive impact on per capita growth, and keep low inflation or stabilize it, while general government debt and unemployment should be decreased in the examined sample of countries.

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Macroeconomic dynamics and the at-risk-of-poverty population in Slovakia

References Eurostat: Combating Poverty and Social Exclusion, 2010 Stiglitz, J., Sen, A., Fittoussi, J., P.: Report by the Commission on Measurement of the Economic Performance and Social Progress, Brussels-Paris, 2009 Kuznets, S.: National Income, 1929-1932". 73rd US Congress, 2d session, Senate document no. 124, 1934 Eurostat: Beyond GDP-Measuring Progress, True Wealth and the Well-being of Nations, International Conference, November 19-29, Brussels, 2007

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Potentials for demographic dividend and rapid economic growth in Mali: What policy scenario would yield the greatest dividend?

al. (2014). Global, regional, and national levels of neonatal, infant, and under-5 mortality during 1990-2013: A systematic analysis for the global burden of disease study 2013. Lancet, 384(9947): 957-79. World Bank. (2014). Mortality rate, under-5 (per 1,000 live births) [Online]. Available: http://data.worldbank.org/indicator/SH.DYN.MORT?end=2013&locations=MLGN&start=1990 [Accessed 10 August 2017]. Zelleke, G., Sraiheen, A., & Gupta, K. (2013). Human capital, productivity, and economic growth in 31 sub-saharan african countries for the period

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Methodological Background of Post-Soviet Regionalism: The Case of Ukraine

Abstract

The transformational 1990s significantly differentiated the regional model of Ukraine, which eventually began to resemble a system of uncontrolled chronic economic decline, as the existing planning and regulatory methods had become redundant, the market-based approaches being not actualized. The methodological vacuum in which Ukraine found itself did not allow regions to solve the existing problems by means of European economic convergence instruments. Despite the fact that more and more theories and concepts appeared in the leading developed countries (regional competitiveness, city- region, beautiful places, creative city, localization, etc.), national science used outdated ideas of planned regulation, inappropriate in market economy. The effect of government policies resembled core measures of the neoliberal model, while maintaining a high degree of administrative centralization.

FDI inflow fundamentally altered the regional landscape. The leading position in accumulating the FDI stock belonged to Kyiv, which also produced the largest per capita GDP. In the last five years a revival of innovation activity took place in the Ukrainian regions. Eventually it obtained an undulating character, moving basically along two axes: Lviv-Kviv and Kyiv-Kharkiv. However, low FDI level in the worst performing regions could create an erroneous impression about the positive impact of FDI on regional economy.

A region's development trajectory> might also be affected by the mentality of its inhabitants, as well as the media, whose impact can convey either a cohesive or disintegrating character. This was evidenced by the recent events in Ukraine, as well as the "East versus West” confrontation, which resulted in frustration, whereas the lack of tolerance among the population of certain regions provoked the bloodshed. Thus, identification of methodological background of post-Soviet regionalism on the example of Ukraine is an important scientific task, which may explain the essence of regional asymmetries in the post-Soviet states.

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