GDP Growth Research Articles

Durian Agribusiness Development Strategy in Boven Digoel Regency

The agricultural sector, which includes forestry, fisheries, animal husbandry, hunting, and farming services, is the main contributor to forming Boven Digoel Regency's GRDP. The largest commodity contributing to GRDP comes from the plantation crop subsector, not the horticulture subsector, such as durian, even though the subsector has considerable production potential. This is due to suboptimal post-harvest management and limited knowledge of durian cultivation technology among local farmers. Most farmers still use less efficient traditional methods, so the yield could be more optimal. This study aims to analyze internal and external factors and formulate local economic development strategies based on durian agribusiness. The data used included primary and secondary data, and the analysis was conducted using descriptive methods, IFE, EFE, IE Matrix, SWOT Analysis, and QSPM. The results showed that the durian agribusiness economy in Boven Digoel Regency based on the IE matrix is in quadrant I (growth and investment) with internal factors 3.13 and external factors 3.08. SWOT analysis resulted in three main strategies: market expansion, diversification of durian processed products, and restructuring the production system. Diversification of processed products, such as dodol and ice cream, proved to be the most effective strategy based on QSPM analysis, with a score of 6.32.

A data-driven operations management model: Implementing MIS for strategic decision making in tech businesses

In today’s rapidly evolving technological landscape, data-driven decision-making is critical for business growth and competitiveness. This paper presents a comprehensive operations management model that integrates Management Information Systems (MIS) to facilitate strategic decision-making in technology firms. The proposed model emphasizes the transformation of raw data into actionable insights, enabling organizations to optimize their operations and respond effectively to market dynamics. By systematically incorporating MIS into operational frameworks, the model provides a structured approach to data collection, analysis, and dissemination. It identifies key performance indicators (KPIs) that are essential for monitoring business performance and aligning operational activities with strategic objectives. Through case studies of leading tech companies, the model illustrates how data-driven methodologies can lead to improved forecasting, resource allocation, and overall operational efficiency. The framework is designed to be adaptable, allowing technology firms to customize the MIS components based on their unique business needs and market conditions. Key features of the model include real-time data analytics, predictive modeling, and user-friendly dashboards that enhance visibility across departments. These components empower decision-makers with timely and relevant information, fostering a culture of informed decision-making at all organizational levels. Moreover, the model addresses common challenges faced by tech businesses, such as data silos and integration issues. By promoting a centralized data repository and standardized reporting mechanisms, it enhances collaboration among teams and ensures consistency in data interpretation. The implications of this model extend beyond operational efficiency, influencing strategic initiatives such as product development, market expansion, and customer engagement. In conclusion, this data-driven operations management model not only supports strategic decision-making in technology firms but also positions them for sustainable growth in a competitive marketplace. By leveraging MIS effectively, organizations can harness the power of data to drive innovation and enhance overall business performance.

Economic Improvement and MSME Empowerment Through Digitalization of Marketing and The Concept of Syar'i Capital in Sontang Village

Economic Improvement and MSME Empowerment through Marketing Digitalization and Syar'i Capital Concept in Sontang Village. Sontang village, known as the center of fishing activities and salai fish production, faces conventional marketing challenges and fuel constraints that are not in line with syar'i principles. This Community Service activity aims to improve the economy and empower MSMEs through marketing digitalization strategies and the application of the concept of syar'i capital. Participatory methods are used to actively involve communities in decision-making processes and identify common solutions. Through lectures, discussions, and business training, it is hoped that the people of Sontang Village can stimulate their creativity in developing the economy. Digital marketing strategies, including the use of mass media and business training, will increase product visibility and public knowledge about digitalization. The importance of the concept of syar'i capital is conveyed through counseling, with a focus on avoiding the MAGHRIB principle. The ultimate goal of this activity is the realization of market expansion and an increase in MSME income, along with a just economy in accordance with Islamic principles. With the hope that this approach will have a positive impact, this abstract summarizes efforts to improve the welfare of the people of Sontang Village through economic innovation based on Islamic values.

A strategic brand development framework for expanding cardiovascular and endocrinology treatments in emerging markets

This paper introduces a conceptual framework for strategic brand development in the pharmaceutical industry, specifically targeting the cardiovascular and endocrinology treatment sectors in emerging markets. The framework explores how stakeholder engagement, market segmentation, and brand positioning can enhance access to critical treatments, addressing growing public health challenges in these regions. Cardiovascular and endocrinological disorders, such as heart disease and diabetes, are rising rapidly in emerging markets due to lifestyle changes, urbanization, and increased life expectancy. Pharmaceutical companies face unique challenges in expanding their market presence in these regions, including varying healthcare infrastructure, economic disparities, and regulatory environments. The proposed framework emphasizes the importance of engaging key stakeholders—such as healthcare professionals, policymakers, and patients—through targeted educational campaigns, partnerships, and advocacy. Effective stakeholder engagement fosters trust and collaboration, which is essential for expanding access to life-saving treatments. In addition, market segmentation is a critical component of this strategy, allowing companies to tailor their marketing efforts to specific demographic groups, economic conditions, and healthcare needs in each region. By identifying the most relevant segments and understanding their unique needs, companies can ensure that their treatments reach the populations most at risk for cardiovascular and endocrinological diseases. Brand positioning is another cornerstone of this framework. By clearly defining and communicating the value of their treatments in terms of efficacy, affordability, and accessibility, pharmaceutical companies can differentiate themselves in increasingly competitive markets. Strategic positioning not only enhances brand visibility but also builds long-term customer loyalty, which is crucial for sustaining market growth in emerging economies. Overall, this conceptual framework provides a roadmap for pharmaceutical companies to strategically develop their brands in the cardiovascular and endocrinology sectors, ultimately contributing to improved public health outcomes in emerging markets.

Results of Economic Tendency Surveys in Nowcasting GDP Growth

The article proves the usefulness of including aggregate information from economic tendency surveys in the system of nowcasting of economic growth. The authors compare the efficiency of vector autoregressive models that include the economic sentiment indicator based on the results of Rosstat business activity and consumer expectations surveys, and the business climate indicator based on the results of the Bank of Russia enterprise monitoring.Statistical testing of time series of composite indicators and GDP volume index confirmed a significant correlation and causality between them, as well as the similarity of their cyclical profiles. Both indices pass cyclical turning points synchronously or ahead of the GDP volume index, their predictive capabilities are enhanced by the early availability of information. The capabilities of GDP growth nowcasting using survey information are assessed in three specifications of the vector autoregressive model with dummy variables. On the in-sample period, the model including two composite indicators and the GDP volume index demonstrates the highest accuracy.The proposed approach allows us to obtain flash estimates of GDP growth prospects that are significantly ahead of the official statistical information

Latent Markov time-interaction processes

We present parametric and semiparametric latent Markov time-interaction processes, that are point processes where the occurrence of an event can increase or reduce the probability of future events. We first present time-interaction processes with parametric and nonparametric baselines, then we let model parameters be modulated by a discrete state continuous time latent Markov process. Posterior inference is based on a novel and efficient data augmentation approach in the Markov Chain Monte Carlo framework. We illustrate with a simulation study; and an original application to terrorist attacks in Europe in the period 2001-2017, where we find two distinct latent clusters for the hazard of occurrence of terrorist events, negative association with GDP growth, and self-exciting phenomena.

PRESUMED CREDIT: CASE OF A TECHNOLOGY INDUSTRY IN SANTA CATARINA

This study aims to analyze the impact of the presumed credit of Tax on the Circulation of Goods and Services (ICMS) on a technology company located in the State of Santa Catarina, focusing on the year 2023. The presumed credit, granted by the state government according to RICMS/SC, aims to reduce the tax burden of companies in the sector, promoting technological and commercial development. This is a qualitative and descriptive approach, based on a case study of the company, analyzing financial documents such as balance sheets, ICMS declarations (DIME), and other accounting reports. The results show that, in 2023, the company obtained significant tax savings. Of the total recoverable ICMS on incoming goods, 13.61% were reversed, while 86.39% were used, resulting in a recovered credit of R$ 1,085,242.39. Regarding ICMS on outgoing goods, the presumed credit reduced the amount payable by 75.45%, generating savings of 92.12% in the total ICMS due to the state government. This allowed the company to allocate more resources to Research, Development and Innovation (RD&I) activities and market expansion. From this, it was possible to conclude that the presumed credit brought clear financial benefits to the company in the short term, encouraging innovation and expansion. However, the study highlights that, for more consistent and lasting results, tax incentives need to be complemented by other policies.

Assessing Dietary Supplements, Nutritional Deficiencies, and the Potential of Personalized Nutrition

The COVID-19 pandemic has heightened public awareness of health, leading to a surge in the consumption of dietary supplements, particularly vitamins and minerals. These micronutrients are vital for numerous physiological processes and overall health maintenance. However, the rapid expansion of the health product market has also resulted in the proliferation of substandard items and the risk of misuse or overconsumption. This study analyzes the ingredients in various health products and assesses the nutritional deficiencies prevalent in local populations. It emphasizes the importance of balanced nutrition while cautioning against the excessive intake of certain supplements. The research also explores the potential of personalized nutrition, driven by advances in genomics and biotechnology, to provide tailored supplement recommendations. Additionally, the study highlights the need for stricter regulations and improved quality control in the health product industry to ensure consumer safety and confidence. By offering insights into the nutritional needs of individuals, this study aims to guide informed and responsible supplement use.

Tesla’s Strategic Growth and Challenges in the Chinese Electric Vehicle Market

In recent years, the global focus on environmental protection and sustainable development has led to the rapid growth of the electric vehicle (EV) industry, with Tesla emerging as a global leader. Particularly in China, the world’s largest automotive market, Tesla’s performance has been remarkable. This study focuses on Tesla’s development in the Chinese market, exploring its strategic decisions, challenges, and competitive environment. Through a combination of policy analysis, market research, and competitive benchmarking, this study examines Tesla’s market entry strategies, the impact of government support for new energy vehicles (NEVs), and the challenges posed by local competitors and regulatory constraints. The study concludes that Tesla’s success in China is largely attributed to its brand strength, technological innovation, and localized production through the Shanghai Gigafactory. However, it faces significant challenges, including competition from domestic NEV manufacturers, regulatory complexities, and geopolitical tensions. To maintain its competitive advantage, Tesla must continue to innovate, localize its products, and adapt to an evolving political and market environment.

Au secours de la TVA: It Is Time for a True Union VAT System to Benefit Businesses, Member States and the EU Budget

In this Column, the author wishes for a harmonized Union VAT system to drive growth in the single market and reduce disputes. She provides suggestions to be considered by the EU Commission, Member States, EU Parliament’s FISC, Subcommittee on Tax Matters and the EU Commission’s VAT Expert Group to improve the VAT system in the European Union.

Contemporary Demographic and Economic Processes in Russia: A Statistical Analysis of Their Interaction

The article analyses the relationships between economic and demographic processes in contemporary Russia.Using index analysis, the author concluded that, in 2006–2018, a decline in the working-age population would have reduced, ceteris paribus, almost one-third of the GDP growth rate if the negative impact of this factor had not been fully compensated by an increase in the employment rate of the working-age population during this period. Growth of fertility in 2007–2015 would have led, if the influence of the situation on the labor market was eliminated, to a decrease in the number of employees by 1.2% (caused by the decline in female labor force participation rate), while fertility decrease after 2015 would have led to an increase in this number by 0.4%. Based on this estimation, it was concluded that the changes in fertility can, in the short term, have any significant impact on employment only in those types of economic activity in which the women of reproductive age make up the overwhelming majority of the employees.It has been suggested that the accumulation of socio-psychological prerequisites for a decline in fertility has led the demographic system, both in Western countries and in Russia, into a state of unstable equilibrium. The global financial crises of 2008–2009 and the 2014–2015 financial crisis in Russia upset this equilibrium and launched a mechanism for fertility decline. It is argued that in the period under consideration, the Russian economy adapted to the turbulence of the external environment more successfully than the demographic sphere

Culture goes East: Mapping the shifting geographies of urban cultural capital through major cultural buildings

Culture has become a major component of policies to put cities on the global map. This article traces the shifting geographies of urban cultural capital using the lens of major cultural buildings, such as the Guggenheim Bilbao Museum and the Louvre Abu Dhabi, which cities often mobilise to compete for attention, reputation, tourists and investment. Based on a custom-built database containing 438 major cultural buildings opened worldwide between 1990 and 2019, this article finds a strong growth in the number and total cost of these buildings throughout the three decades, far exceeding global GDP growth. What is more, there is a geographical shift from the established cities of high culture in North America and Western Europe towards Asia, with a particular concentration in China and the Gulf region. The growth of investment in culture and its fast-changing urban geographies urge a more profound integration of culture in urban studies and a deeper consideration of the role of cultural capital in making global cities.

Tesla’s Electric Future: A Comprehensive Marketing Strategy Analysis and Implementation Plan

This paper deeply explores the essence of Tesla’s marketing strategy in the field of electric vehicles, and accurately extracts three core competitiveness: brand influence, technological innovation and vertical integration of industrial chain. At the same time, it also faces the severe challenges faced by Tesla in expanding production capacity and coping with fierce competition in the market. In view of the explosive growth trend of the global electric vehicle market and the huge potential of the international market, this paper carefully planned a series of comprehensive strategic measures aimed at promoting Tesla’s continued growth. These measures not only cover the diversification of product lines, refined pricing strategies, increased investment in marketing resources and global market expansion, but also emphasize the flexible response mechanism for extreme market demand changes and deep cultivation of emerging markets to ensure Tesla’s leading position in the global electric vehicle industry and continue to lead the trend of industry innovation and development. In such a rapidly changing industry, Tesla must continuously enhance its strategic adaptability and innovation capabilities to meet the challenges of the future.

Enhancing Income for Farmer Producer Organizations (FPOs) through Ginger Value Addition: Opportunities, Strategies and Market Insights

Ginger (Zingiber officinale) is one of the most valuable spices globally, known for its culinary, medicinal, and industrial uses. As a primary cash crop in many regions, it offers substantial income opportunities for smallholder farmers. However, the traditional farming and marketing methods often limit the potential earnings of smallholder farmers. This review explores the concept of value addition in ginger, focussing on post-harvest processing, product diversification, packaging innovations, and market expansion strategies. It further highlights how Farmer Producer Organizations (FPOs) can leverage these techniques to improve profitability and sustainability. The paper also discusses the challenges faced by FPOs, such as financial constraints and market access barriers, while highlighting opportunities supported by government policies and technological advancements. Advanced processing techniques, improved package, branding, and exploring new markets would achieve profitability and sustainability of FPOs. The reduction of value chain and directly paying to the farmers give opportunity to the consumers to get the ginger products at better prices.

The Development Potential and Challenges of One-Click Generative Artificial Intelligence in Cross-Border E-Commerce

This paper explores the development potential and challenges of one-click generative artificial intelligence (AI) in cross-border e-commerce. With the rapid growth of the Internet, cross-border e-commerce has seen significant market expansion, and the integration of AI technology presents new opportunities for the industry. This study analyzes the potential of one-click generative AI in cross-border e-commerce and its challenges. Reviewing relevant academic literature, the paper outlines key application scenarios of one-click generative AI, such as automatic product description generation and intelligent customer service assistants. Additionally, the study highlights the challenges associated with the technology, including issues related to semantic understanding and technological immaturity. The findings indicate that while one-click generative AI holds great potential for cross-border e-commerce, both technical and legal challenges must be addressed for its successful implementation.

Asymmetric effects of life and non-life insurance on economic growth in Saudi Arabia: A nonlinear analysis

This paper explores the asymmetric effects of life and non-life insurance on economic growth in Saudi Arabia. Quarterly data on insurance penetration rates and GDP growth from 2009 to 2022, obtained from the Global Economy, Saudi Arabian Monetary Authority, and World Bank databases, are utilized. A nonlinear autoregressive distributed lag (NARDL) model is employed to examine the relationships between insurance and growth. The results reveal a significant and asymmetric relationship between life insurance penetration and GDP growth. Specifically, a 1% increase in life insurance penetration is associated with a 0.3% increase in GDP growth in the long run, while a 1% decrease shows no significant effect. For non-life insurance, both increases and decreases demonstrate significant but asymmetric impacts on growth. A 1% increase in non-life insurance penetration corresponds to a 0.2% increase in GDP growth, whereas a 1% decrease is linked to a 0.15% decrease in GDP growth. These findings support the ‘supply-leading’ hypothesis, suggesting that the insurance sector can play a leading role in promoting economic growth. The results provide new quantitative insights into the relationship between insurance and economic growth in Saudi Arabia, offering valuable implications for policymakers. It is suggested that the insurance industry can be leveraged to foster economic growth by promoting life insurance and managing the asymmetric impacts of non-life insurance.

The Impact of Financial Inclusion on Economic Growth in Nigeria: A Secondary Data Analysis

This study investigates the impact of financial inclusion on economic growth in Nigeria, a country where a significant portion of the population remains financially excluded despite ongoing efforts to enhance access to financial services. The problem addressed is the limited understanding of how various aspects of financial inclusion, particularly mobile money, banking services, and credit availability, affect Nigeria's GDP growth. The primary objectives of the study are to assess the current level of financial inclusion, analyze its relationship with GDP growth, and provide evidence-based policy recommendations to improve financial access and support economic development. To achieve these objectives, a secondary data analysis was conducted, employing multiple linear regression, Pearson correlation, and Granger causality tests. The findings reveal a marginally significant positive relationship between Mobile Money Subscriptions (MMS) and GDP growth, while access to formal banking services and credit availability showed no significant correlation with economic growth. These results highlight the importance of mobile money as a key driver of financial inclusion, contrasting with the limited impact of traditional banking services. Based on these findings, the study recommends enhancing mobile money infrastructure, strengthening financial literacy programs, promoting inclusive banking models, and fostering collaboration with fintech firms. Implementing these recommendations could significantly improve financial inclusion in Nigeria, ultimately contributing to sustained economic growth and enhanced welfare for the population.

Health, an ageing labour force, and the economy: Does health moderate the relationship between population age-structure and economic growth?

Abstract Research often suggests that population ageing will be detrimental for the economy due to increased labour market exits and lost productivity, however the role of population health and disability at older ages is not well established. Identifying whether the health of older people affects economic outcomes is challenging due to methodological issues. Using country-level panel data, we estimate the relationship between the size of the older working age population (aged 55-69) and economic growth across 180 countries from 1990 to 2017. We run models using annual data and 5-year moving averages of real per capita GDP growth as dependent variables. This enables us to quantify the gains in real per capita GDP growth associated with a healthy older working-age population on a country-by-country basis. The initial models confirm an inverse-U or hump-shaped relationship between population age groups and economic growth. In the 5 year average GDP growth model, the coefficient for the inverse of YLDs among 55-69 year olds is positive and significant at p < 0.01. The interaction term is significant at p < 0.001 in the same model. Across all countries, a 5% improvement in YLDs is associated with at minimum 0.3% predicted additional annual real per capita GDP growth. While a larger share of the older working-age population at ages 55-69 has historically been associated with slower real per capita GDP growth, low levels of disability in this age group can reduce or even eliminate these adverse economic effects. We consistently find a significant positive interaction between disability and the share of the population at ages 55-69, suggesting that adverse economic effects are amenable to policy intervention.

Hydroponic Cultivation of Spices and Aromatics: Techniques, Benefits and Challenges

The global shift towards urbanization, with 55% of the population residing in urban areas and an anticipated rise to 68% by 2050, presents challenges to traditional farming. The increasing world population, further intensifies the strain on available agricultural land due to urban expansion. Climate change combines with these issues, make conventional cultivation more challenging. Alternative agricultural practices, such as hydroponics, gain significance in addressing these concerns. Aromatic and spices have been used for centuries for their medicinal and culinary properties. They contain various essential oils, flavonoids, and other phytochemicals responsible for their distinctive flavour and aroma, as well as their health benefits. The rising global demand for natural products from herbs and spices has led to its market growth. Hydroponics, a technology for cultivating plants in nutrient solutions with or without an artificial medium such as sand, gravel, vermiculite, rockwool, peat moss, coir or sawdust, offers a promising solution. This paper explores the potential of hydroponic cultivation for planting material production, enhancing the yield, nutritional composition, essential oil content and medicinal properties of various spice and aromatic crops, including black pepper, saffron, ginger, garlic, coriander, mint, celery, fenugreek, parsley, thyme, rosemary, green mustard, basil and others. The main challenges in hydroponic production of these crops include high initial investment, precise monitoring and lack of technical knowledge. Hence by reviewing recent literature, this paper aims to provide insights into the classification of hydroponics and its different techniques, benefits and challenges of hydroponic cultivation, various growing media and nutrient solutions used, types of hydroponics utilized and their purposes in the production of diverse herbs and spices. Embracing hydroponic techniques could contribute to sustainable agricultural practices, particularly in urbanized environments where traditional farming faces constraints.

Study on Impact of Neuroeconomics Tactics used by Streaming Services Companies (Eg. Netflix, Spotify) on Genz's Purchase Intentions in Ahmedabad City

This paper reflects on how the neuroeconomics strategies employed by streaming companies, like Netflix and Spotify, affect Generation Z's purchasing intentions in Ahmedabad City. Neuroeconomics endeavors to be an integrative science that explains how neuroscience and psychology will intervene in or complement economics to develop knowledge about understanding consumer decision-making processes and those factors that influence buying behavior. Having established such neuroeconomic theories, streaming service companies then hunt them under the guise of optimized user experience with visual and auditory stimuli and tailored recommendations to keep the user interested and waiting for another subscription or purchase. The effects of such strategies are pretty important to understand for the Gen Z audience - a bunch of kids known for their tech-savvy nature and instant gratification. This paper investigates how streaming applications make use of cognitive biases arising from loss aversion to dopamine-driven reward systems and social proof influencing the buying behavior of young consumers. A mixed method approach was used on a representative sample of Gen Z youths by surveys and interviews in Ahmedabad to collect the data. Overall, the findings from this study are expected to be very informative on how neuroeconomic strategies will or will not impact the consumption behavior of Gen Z in the streaming industry. This would be followed by actionable recommendations for companies about how they can maximize their marketing efforts to resonate more effectively with this emergent market going forward. As neuroeconomics and consumer behavior begin to intermix, streaming services stand to increase users' engagement, amplify sales, and cultivate long-term customer loyalty with Gen Z among urban India.