Path Of Economic Development Research Articles

How to Transform Congenital Disadvantage into New Momentum for Economic Development: Based on the Study of Dutch Foreign Trade

The Netherlands is an ancient trading country, and due to geographical constraints, it has been actively seeking business opportunities and resources. This paper examines how the Netherlands transformed its natural disadvantages into new drivers of economic development since the fifteenth century. The purpose of this paper is to better understand the dynamics and paths of economic development in the Netherlands. This paper takes the perspective of Dutch foreign trade, combines literature analysis and case study methods, and adopts the method of diachronic research. The results of the study show that the Netherlands has transformed its geographical limitations into a new driving force for economic development in the development of maritime power, commerce, and foreign investment. The innovation of this paper lies in the unique perspective. Starting from the economic development process of the Netherlands since the 15th century, it presents readers with a comprehensive and in-depth economic development process of the Netherlands.

Unraveling the environmental Kuznets curve: The influence of economic diversity, energy efficiency, and industrial dynamics on carbon emissions in developing economies

A new path of economic development among emerging and developing nations has a distinct impact on the environment than seen in the past. The current study attempts to examine how these growth patterns in the developing world have impacted the degradation of the environment. This study contends that merely considering GDP per capita and the proportion of manufacturing in GDP fails to encapsulate the complete growth dynamics of developing and emerging countries. Consequently, such an approach does not adequately reflect the impacts of environmental degradation. As a result, the economic complexity index (ECI) is introduced to the model to reflect the full effects of new growth trajectories on CO2 emissions by using the Panel Fully Modified OLS (PFMOLS) model of 67 emerging and developing countries during 1996–2020. The results indicate that the complexity of developing and emerging economies, on the one hand, raises CO2 emissions, likely through expanding economic activities (the scale effect). Moreover, ECI reduces CO2 emissions by moving the economy toward more high-tech and environmentally friendly technologies and industries and favorable changes in the energy mix (the efficiency effect). Overall, the empirical outcomes emphasize that the final impact of ECI on the environment was negative in most samples, indicating an improving impact of economic complexity on environmental degradation, reflecting that the “efficiency effect” outweighed the “scale effect.” The findings imply that technology and knowledge transfer are essential for energy efficiency and sustainability.

Technological progress and economic dynamics: Unveiling the long memory of total factor productivity

This study aims to explore the dynamics of total factor productivity (TFP) in 40 advanced economies and its implications for economic stability, growth patterns, and technological integration. Understanding the concept of long memory in TFP is crucial in comprehending the diverse paths of economic development and technological advancement in different nations. The study endeavors to clarify the concept of long memory in TFP and analyze its impact on economic stability, growth patterns, and technological integration on a global scale. The research employs a sophisticated methodological framework that integrates a combination of unit root tests, non-parametric methods, fractional integration techniques, and ARFIMA models. This multifaceted approach provides a nuanced understanding of the persistence in TFP series and helps distinguish between stable and mean-reverting TFP dynamics across different nations. The analysis highlights the varying trajectories of TFP across these economies, which sheds light on the diverse paths of economic development and technological advancement. The findings of this research are pivotal in comprehending the role of TFP in shaping growth convergence, influencing business cycle fluctuations, and technological progress. The study contributes to policy discourse by proposing strategic policy measures that harness the long-term trends of TFP. These recommendations encompass key areas such as labor, capital, institutional frameworks, and innovation policies. Countries can optimize sustainable economic development and foster effective technological integration in an increasingly interconnected global economy by implementing these measures.

The middle-income trap and the middle-technology trap in Latin America–practice comparison based on East Asian perspective

Most Latin American countries entered the ranks of middle-income levels almost simultaneously with Japan and South Korea. However, while Japan and South Korea embarked on the path of economic development through technological innovation and industrial upgrading, Latin America fell into the middle-income trap. By examining the history of industrial and technological development in Brazil, Argentina, and Mexico, three representative countries in Latin America, this paper finds that the fundamental reasons for Latin America falling into the middle-income trap lie in the tension between the choice of industrialization path and primitive accumulation, as well as the institutional deficiencies in technology and industrial development. Latin America, which has fallen into the middle-income trap, finds it hard to upgrade its technology and is trapped in premature industrialization and the middle-technology trap. It can be said that Latin America has fallen into a double trap, which reinforces each other and forms a solid trap pattern. The warning from the Latin American experience is that late-developing countries need to maintain an open attitude during the process of technological catching up, build a complete technological innovation system, enhance industrial and technological governance capabilities, and seize the window of opportunity for technological and industrial upgrading. Otherwise, there is a significant risk of falling into the middle-income trap and even the double trap.

Low-cost UAV coordinated carbon observation network: Carbon dioxide measurement with multiple UAVs

Improving the mitigation of global greenhouse effects requires drastic reductions in carbon emissions. Effective carbon management at different spatial scales is therefore crucial to a more sustainable path of economic development. Regional and local carbon management currently rely on the traditional bottom-up method of emission reports, which are known for their opaque and complex procedures. Novel top-down carbon monitoring methods including space-based, aerial and ground-based observations are tantalising alternatives to more reliable data sources of carbon emissions as well as sinks. Unmanned Aerial Vehicles (UAVs) based carbon monitoring is an upcoming field because of its lower costs, higher spatial-temporal resolution and operability at a wider range of weather conditions compared to satellite observations. UAVs equipped with Non-dispersive Infrared (NDIR) carbon dioxide (CO2) sensors can measure in the air with faster response and can intelligently navigate themselves within areas of greater interest. With the help of lighter NDIR payloads and multiple UAVs flying in synchrony, larger cross sections or areas for maximising information acquisition of emission plumes can be covered. In this article, we first introduce the design of a miniaturised NDIR payload, which is compatible with a lightweight UAV to achieve a single system weighing less than 4 kg. Then, we test our design via comparisons against another NDIR payload to determine its accuracy (−0.82 ppm and −0.44 ppm) and precision (0.12 ppm and −0.03 ppm) in measurements of two vertical concentration profiles. Finally, we deployed four UAVs on two major anthropogenic emission source monitoring campaigns with coordinated flight patterns. To fully understand the benefit of multi-UAV carbon monitoring, we attempted two flight patterns and computed power plant emission rates via the cross-sectional flux method. While all flights successfully captured the concentration enhancements downwind of the power plants, the single-sectional flight pattern measured an emission rate of 10ktCO2/day which is 44% less than that reported monthly and the multi-sectional flight pattern yielded relatively varied results (8.5ktCO2/day on average, which is 54% less) for the respective sections due to wind underestimations, plume section undersampling and wind fluctuations.

The Impact of Green Finance on Corporate Carbon Productivity

The Impact of Green Finance on Corporate Carbon Productivity

The degree of economic development pattern of economy

In this article, we explore the concept and measurement of the degree of economic development pattern (DEDP) of economy, which refers to the extent to which the development of an economy can serve as a reference for other economies. Utilizing 76 macroeconomic indicators across 217 economies, the economic development paths in a standardized space of economy is compared to identify variations in DEDP through the regression analysis on the relationship between the similarity of development paths and the growth rate on gross domestic product (GDP) per capita. To measure DEDP of economy from different perspective, two types of metrics are constructed. One is the determination coefficient of regression analysis, which exhibits significant positive correlations with population size of economy, uncovering differences of development paths among economies of varying population sizes. The other type of metrics is based on the consistency on regression coefficients and effectively explains disparities among economies in the growth rate on GDP per capita, economic complexity index and economic fitness. These findings reveal the differences in development paths among different countries from the perspective of referentiality for development patterns, suggesting the potential existence of the paths with more universal meaning to economic development.

Integrating improved ecosystem status assessment and ecosystem management urgency to identify important zones for ecological protection and restoration

The implementation of ecological protection and restoration (EPR) aims to provide the corresponding ecosystem services (ESs) for the region’s long-term development. Ecosystem status, usually evaluated by ecosystem quality, is an important foundation for delineating EPR zones. However, previous assessment methods fail to consider the effects of site conditions on ecosystem status. Furthermore, if limited resources are allocated to areas where ecosystem management is less urgent, the overall efficiency of the process will be compromised. To fill this gap, we developed a new framework that integrated improved ecosystem status assessment and ecosystem management urgency (EMU) to identify important EPR zones. To begin, the study area was divided into several ecosystem site type based on the site-condition factors, such as soil, climate, and others. Ecological quality then was assessed by parameters from remote sensing, including leaf area index, fractional vegetation cover, etc., which supported the identification of potential EPR zones based on a more accurate assessment of ecosystem status. Secondly, the EMU was determined by assessing the risk of ES supply–demand in the future under various development paths of the study area, potential EPR zones with great EMU are the EPR zones. Finally, the importance levels for EPR were divided by ecosystem quality to improve the practicability of EPR projects, and the important EPR zones are those where we should focus our efforts. The new framework was implemented in Hunan Province, a representative province in China of marked contradiction between economic development and ecosystem protection. The findings show that there is a 58.7 % disparity in the spatial distribution of potential EPR zones, depending on whether the impacts of site conditions on ecosystem status are taken into account or not; and given the EMU, the extent of important EPR zones under natural growth path (NGP) and economic development path (EDP) account for 0.43 % (902.15 km2) and 0.56 % (1195.43 km2) of the study area, respectively, comparing to the existing protection zones, there is 7.2 % (NGP) and 10.1 % (EDP) of vacancy, respectively. Under the ecosystem conservation path, the extent of EPR zones is 0, indicating that the ecosystem will recover gradually without the need for excessive human intervention. The new framework can assist in accurately identifying important EPR zones and promoting regional development by advanced ecosystem intervention in areas with potential risk in the future.

DYNAMIC TRENDS IN LIVESTOCK, POULTRY, AND FISHERY INDUSTRIES IN JHARKHAND : FUTURE SCOPE FOR EMPLOYMENT, INCOME AND FOOD SECURITY

The state of Jharkhand serves as a prime example of the intricate interaction between geographical, demographic, and economic elements within the Indian subcontinent. Its agriculture, forestry, fishing, and livestock sectors play a crucial role in the state's economy, generating employment opportunities, particularly in rural areas, and contributing to poverty alleviation and economic diversification. Collectively, these sectors shape Jharkhand's GDP, fostering a path of balanced and sustainable economic development. They also provide essential raw materials for industries, ensure food security, and promote environmental conservation. Additionally, livestock and fisheries contribute to foreign exchange earnings, enhancing the state's economic resilience. This article highlights the changing dynamic trends of allied activities of agriculture like livestock, poultry and fishery in Jharkhand that not only diversify the agriculture income but also open new avenues of food and employment security along with propagating sustainable economic development in the state.

ПЕРСПЕКТИВИ ЕКОНОМІЧНОГО РОЗВИТКУ УКРАЇНИ У ПОЛІТЕКОНОМІЧНОМУ АСПЕКТІ

The problem of the lack of economic growth in Ukraine which is considered through the effect on the economy of the political-economic law on the adequacy of production relations to the level and nature of productive forces is identified. In the course of the analysis of the state of productive forces and industrial relations, it was concluded that the industrial relations of Ukraine contain a rudiment of the economic system of the Middle Ages, which consists in a deep introduction of the institution of oligarchs into the economy. The author outlines the reasons for the emergence of oligarchic capitalism in Ukraine, in which oligarchs have the opportunity to shape public opinion and, thus, influence the composition of the legislative power, which adopts state laws beneficial to them. It is emphasized that industrial relations in Ukraine are currently lagging behind in their development, which, in turn, slows down the development of productive forces and society as a whole. The author has clearly defined that only with the change of outdated industrial relations is it possible to enter a new path of economic development. On the other hand, the productive forces of Ukraine, embodied in the labor force, fully correspond to the current level of development of the world's productive forces. This is the industrial relations lagging in the country from the character of productive forces. The contradiction between them inevitably leads to the reform of industrial relations. However, this should happen not in a revolutionary way, but in an evolutionary way in the form of a political struggle. It is quite difficult to carry out such an evolution, since the institution of oligarchs has informally appropriated all political and economic power. In addition to the role of oligarchs in the economic life of the country, the author considered a number of other elements of industrial relations that oppose the economic development of Ukraine. But in terms of their influence, they can be classified as the second level after the effect of the political-economic law. The article outlines ways of forming industrial relations adequate to the productive forces of modern Ukraine and their impact on economic development. It is noted that within the framework of existing industrial relations, the growth of public production volumes is possible, but its pace will be several times lower than potentially possible.

Mechanism and Path of Cross-Border E-Commerce Enabling High-Quality Economic Development

Mechanism and Path of Cross-Border E-Commerce Enabling High-Quality Economic Development

Research on the Path of Economic Management Innovation and Development in the Context of Informatization

Abstract In the context of economic informatization, the traditional economic management model has been unable to fully meet the actual needs of enterprise development. Enterprises should take effective measures to innovate the economic management model, to achieve the informationization and modernization of economic management work. Based on the needs of economic management innovation, this paper constructs a multi-dimensional digital economic management innovation path based on informationization. Then, according to the fuzzy hierarchical analysis method, construct the evaluation index system of economic management informatization, take company H as an example to carry out empirical evaluation, and analyze the influencing factors of the level of economic management informatization by using the two-sample Z-test. Company H's final evaluation score for economic management informatization is 91.23, and the level of informatization is good. The P-value of the top management's attention to informatization, the cultivation of informatization talents, the innovation ability of informatization talents, the ability of the project to meet the demand, the reliable management system of information system maintenance personnel, and the monitoring system of the information system operation is less than 0.01, and the Z-value is greater than 1.96, and the difference of its results from the hypothesis is very significant, which indicates that these six items have the greatest influence on the informatization of economic management in Company H. Empirical cases and strategy suggestions for the informatization path of economic management are presented in this paper.

Internet Smart Technology Drives High Quality Development of Agricultural Economy

Abstract This paper builds a mechanism for the integration of the digital economy and agricultural economy and analyzes the scientific path of agricultural economic development under the mode of “Internet+”. Secondly, on the basis of Internet technology, for the multi-objective optimization problem of agricultural circular economy, the multi-objective optimization problem is solved by selecting decision variables of agricultural circular economy and determining the objective function of agricultural circular economy. Then, from the actual situation of the regional agricultural economy, we determine the constraints, decision variable parameters, and the adaptability function so as to construct the structural optimization model of the agricultural circular economy and carry out an example analysis of the high-quality development of the agricultural economy. The results show that on the model optimization analysis, the optimized planting area of corn is 15,956 hectares, and the optimized numbers of pigs, cattle and poultry are 302, 144, 25, 543 and 579, 1332, respectively. On the model application prediction analysis, it is recommended to increase the support for agriculture to 102.5% (2022=100%) while increasing the support for forestry to 105.1% (2022=100%). This study provides strong support and guidance for the optimization of the agricultural and industrial structure and provides a more scientific decision-making basis for the high-quality development of the agricultural economy.

The Theoretical Logic and Realization Path of High-Quality Economic Development Enabled by New Quality Productive Forces

The Theoretical Logic and Realization Path of High-Quality Economic Development Enabled by New Quality Productive Forces

Deepening the disciplinary cognition and constructing the theoretical system of socialist political economy with Chinese characteristics

PurposeThe socialist political economy with Chinese characteristics is a systematic economic discipline, which theoretically summarises the socialist economic system and the path of economic development with Chinese characteristics. It is a systematic economic theory of adapting Marxism to the Chinese context. The theoretical system construction for the discipline of socialist political economy with Chinese characteristics is currently a major task.Design/methodology/approachFrom the perspective of disciplinary cognition, the theoretical system of the discipline of socialist political economy with Chinese characteristics includes the disciplinary attributes and connotations, theoretical basis, the origin of thoughts, major principles, logical starting point, main logic and problem-based study of major theoretical and practical issues.FindingsDeveloping the discipline and building the theoretical system of the socialist political economy with Chinese characteristics, several major principles should be adhered to, including building the socialist political economy with Chinese characteristics on the basis of historical materialism; building the theoretical paradigm of socialist political economy with Chinese characteristics around the analysis of production relations; adhering to the people-centred principle; taking common prosperity as the main logic of the socialist political economy with Chinese characteristics; studying the major theoretical and practical issues of building the socialism with Chinese characteristics in the new era based on problems; and reflecting the innovative development of the discipline in the textbook, The Socialist Political Economy with Chinese Characteristics.Originality/valueDisciplinary cognition involves the connotations, attributes, mission and development path of the discipline, which is related to how to construct the discipline system and is a significant part of the disciplinary construction.

Data Mining Technology Oriented Integration Strategies for Habitat Improvement and Rural Tourism Development in China’s Agricultural and Rural Villages

Abstract This paper firstly calculates the weights of each system and indicator in the index system through the gray correlation method and comprehensively evaluates the status of the regional rural tourism development and the level of human habitat environment as well as the characteristics of temporal and spatial evolution. Constructing the spatio-temporal coupling and coordination relationship between rural tourism and the human habitat environment reveals the obstacle factors of rural tourism development and human habitat environment development level and the coupling mechanism of the two. Finally, the development process of the rural tourism industry in Kaili, Xingyi, and Zunyi, as well as the improvement and optimization process of the rural habitat environment, are empirically studied. The results show that the coupling coordination degree between the rural tourism development level and the optimization level of human habitat environment in the three regions increased from 0.06 in 2012 to about 0.48 in 2021, indicating that the overall coordination level between the rural tourism development and the optimization of the human habitat environment is continuously improving during the period. This paper is significant for the new path of economic development and habitat-environment coordination in rural areas.

Retracted: Optimization of Economic Development Path in Western Region under Background of “the Belt and Road Initiative” Based on Intelligent Internet of Things

Retracted: Optimization of Economic Development Path in Western Region under Background of “the Belt and Road Initiative” Based on Intelligent Internet of Things

Historical review of the Russian market economy formation and development based on the works of Doctor of Economics, Prof. L.S. Shakhovskaya

Research focuses on the problem of incompleteness and unreliability of the existing scientific vision of the formation and development of a market economy in Russia. In the current vision, the boundaries of the stages of formation and development of a market economy in Russia are blurred, the transition to a market path of economic development has an ambiguous interpretation in the scientific literature and is mainly associated with the 1990s. The lack of a clear understanding of the essence, sequence and continuity of the stages of formation and development of a market economy in Russia causes the uncertainty of the current stage of this process. The purpose of this research is to develop a systematic scientific vision of the process of evolution of a market economy in Russia. The study provides a historical review of the formation and development of a market economy in Russia based on the works of Doctor of Economics, prof. L.S. Shakhovskaya, who stood at the origins of the formation of the scientific concept of the market economy of Russia and in her works reflected in detail the essence and features of each stage of its evolution. This article is dedicated to the 80th anniversary of Professor L.S. Shakhovskaya, was written by her students who are developing the scientific school founded by her. The proposed new scientific vision of the process of evolution of the market economy in Russia, which clearly determined the three stages of its evolution. The first stage (1991-1999) was associated with the transition from a planned to an open industrial market economy through privatization and deregulation. The second stage: (2000-2013) was the integration of Russia into the world economic system to form an open post-industrial market economy. The third (modern) stage (2014-2031) involves the strengthening of strategic academic and technological leadership for the transition to a neo-industrial market economy 4.0 through ensuring technological sovereignty. Research contributes to the development of scientific and economic thought through the formation of a systematic scientific vision of the process of evolution of the market economy in Russia, which rethought and clarified the history of the market economy in Russia, and also clarified the meaning of its current stage by reflecting its continuity and patterns of occurrence. The scientific novelty of the system vision is that it proved for the first time that the transition period is a whole set of periods involving the transformation of market relations with various targets and management measures.

Simulating the dynamics of urban land quantity in China from 2020 to 2070 under the Shared Socioeconomic Pathways

Rapid expansion of urban land areas in the past few decades has exerted great pressure on regional environment, and simulating urban land dynamics is of great significance for sustainable urban development. However, the differences in driving forces of urban land among cities were not fully considered in previous simulations. Here, we adopted a data-driven approach combined with Monte Carlo method to simulate future urban land quantity in China at the city scale under the Shared Socioeconomic Pathways (SSPs). The results show that the total urban land area of China will reach 154,105 to 289,932 km2 by 2070 under different scenarios, 1.8 to 3.4 times that of 2020. Compared with the traditional methods at the national or regional scale, the clustering method used to classify urban land expansion types can better fit the urban land change of each city. Meanwhile, the iterative simuation of future urban land quantity can depict the slowing down trend of urban land expansion. This study provides the amount of urban land from 2020 to 2070 at the city scale, confirming a close relationship between urban development and selection of urbanization pathway. Choosing a more sustainable path of social and economic development is conducive to restraining the rapid expansion of urban land in China. It is particularly important to formulate city-specific sustainable development strategies according to the trend of urban land dynamics over time.

Analytical support for identification trends and problems in the development of interaction between stakeholders of education, science and business

Ukraine’s entry into the path of innovative economic development requires modernisation of the interaction between stakeholders of education, science and business to create a network of cooperation, taking into account the needs of stakeholders due to the situation in Ukraine as of 2023, focusing on changes in the world economy. The purpose of the article was to build a structural and logical scheme of analytical support for identifying trends and problems in the development of interaction between stakeholders in education, science and business. The methodology was based on the use of logical, systemic and comparative analysis. The analysis of budgetary funding for priority areas of innovation activity and sales of innovative products (services) and new technologies by budgetary funds managers showed no trends and priorities for the development of technology transfer and other intellectual property rights carried out by universities, research institutions, enterprises and organisations. The generalisation of changes and prospects of legislative regulation of support for educational, innovative, scientific and technical activities of business focuses on post-war reconstruction, which involves increasing confidence in the educational, scientific and expert activities of institutions for their effective functioning and increasing the volume of research funding. The analysis of the integration aspects of the research and innovation system into the European Research Area and support from international scientific organisations and foreign governments proved the support received from many national scientific communities and international scientific organisations in the creation of the portal for international scientific and technical cooperation and the international consortium for infrastructure and research. The practical significance of the study lies in the proposed directions for improving interaction with business of educational and scientific institutions in the process of implementing innovations separately by stages of interaction with stakeholders (attraction, financing and implementation)