Growth Of Sector Research Articles

Financial Sector Development and Inflation Dynamics in Tanzania: An Empirical Assessment of Macroeconomic Stability

This study empirically analyzes the impact of financial sector development on the inflation rate in Tanzania, focusing on credit to the private sector as a proxy for financial sector growth. Quarterly time series data are collected from 2003 to 2023. Autoregressive Distributed Lag (ARDL) Model estimation with a bound cointegration test establishes the short and long-term relationship. The results show that financial sector development increases the inflation rate in the long run. The findings underscore the importance of balancing financial sector expansion with measures to control inflation and ensure that credit growth supports sustainable economic development.

Venture Capital Investment Decisions in Artificial Intelligence: Opportunities, Trends, and Challenges

In the contemporary society, the rapid growth of the artificial intelligence industry presents significant opportunities for venture capital investment, driven by advancements in machine learning, robotics, neural networks, and generative AI. With a projected market size of $184 billion by 2024, demand for AI technologies is attracting growing investor attention. This paper explores key trends in AI venture capital, highlighting regional differences. U.S. investments emphasize growth in sectors like healthcare and autonomous vehicles, while Chinese investors focus on capital-intensive areas like mobility and robotics, prioritizing relationships and government alignment. Despite opportunities, AI investment faces challenges like information asymmetry, security risks, and a lack of deep tech expertise. Short venture capital funding cycles further complicate long-term returns for investing in the AI industry. The paper also outlines the venture capital decision-making process, underscoring the need for expertise, regional awareness, and strategic risk management to effectively navigate the complexities of AI investment.

Research Analysis on the Impact of China's Digital Economy Development on Carbon Emissions

The global economy has been transformed by the digital economy (DE). This study deeply explores the relationship between DE development and its impact on carbon emissions, which is not straightforward. By synthesizing multiple papers, this article aims to discuss key issues under climate changes background and sustainable development. Through the study of various econometric models, including the Spatial Durbin Model. There is spatial dependence and spillover effects of digital economic activities on carbon emissions are revealed in this paper. The primary findings suggest that DE and carbon emissions are not linear and have an inverted U-shaped curve. Data centers and network infrastructure have increased energy consumption, which may result in carbon emissions from the digital sector's initial growth. After reaching a certain threshold, the DE appears to help reduce carbon emissions. This research provides comprehensive insights for policymakers, industry leaders, and academic researchers, advocating for a balanced approach to the development of the DE. At the same time, environmental sustainability should be given priority, and digital technology should be fully utilized to promote economic growth.

PENGARUH PERTUMBUHAN ASET DAN INTEREST INCOME TERHADAP PROFITABILITAS

Abstract Background: The growth of the economic sector is intricately linked to the crucial function of financial institutions. A bank is a type of financial entity that operates within the banking sector. Banks serve the purpose of collecting funds through savings, deposits, and current accounts, and then distributing those amounts through credit or loans. Banks exert a significant impact on economic development. Objective: The objective of this study is to examine the impact of asset growth and interest income on profitability. Method: This study was a quantitative study that used an associative technique to assess variables partially and concurrently within the population of Bank BTN listed on the IDX from 2019 to 2023. The sampling process employed non- probability sampling approaches, specifically the purposive sampling method. Result: The findings indicate that asset growth (X1) does not have significant effects on profitability (Y), however interest income (X2) has a significant impact on profitability (Y). Additionally, there is no simultaneous effect of asset growth (X1) and interest income (X2) on profitability (Y). Conclusion: The results of this study can be concluded 1. Asset growth (X1) does not have a partial effect on profitability (Y) 2. Interest income (X2) has a significant partial effect on profitability (Y) 3. Asset growth (X1) and interest income (X2) do not have a simultaneous effect on profitability (Y). Keywords: Asset Growth, Interest Income, Profitability

Bidirectional Translation of Promotional Tourism Materials: Challenges and Strategies

In today’s globalized world, the effective translation of promotional tourism materials plays a crucial role in bridging cultural and linguistic gaps, thereby enhancing tourist experiences and supporting the growth of the tourism sector. Within this line, this study investigated the translator trainees’ performance on bidirectional translation of tourism-related texts. A sample of 24 Saudi postgraduates specializing in translation participated in the study. They were tasked with translating two promotional tourism texts—one from the Visitsaudi website and the other from the Visittheusa website—representing typical features of both Arabic and English tourist discourse. The trainees’ translations were assessed quantitively and qualitatively in two scenarios: (a) translating from English to Arabic, and (b) the reverse based on three criteria: accuracy, style and clarity. The findings revealed significant challenges in both translation directions, particularly in maintaining style and clarity. The Wilcoxon signed-rank test identified statistically significant differences between the two translation directions, underscoring the inherent challenges in L1 to L2 translation (z = -2.372, p = .018, r = 0.48). The qualitative analysis further indicated that the trainees predominantly employed source-text (ST) oriented strategies, impacting negatively the style, clarity, and accuracy of the target texts (TTs). The trainees’ reliance on source-text (ST) oriented strategies resulted in translations that did not adapt to the linguistic and cultural nuances of the target language, which negatively impacted the quality of the target texts (TTs). The study concludes with recommendations for improving the trainees’ bidirectional translation skills in tourism translation.

Keuntungan Usaha Ternak Sapi Bali dan Pertumbuhan Ekonomi Sektor Pertanian di Sentra Pengembangan Kabupaten Konawe Selatan

The economic growth of the agricultural sector, particularly the Bali cattle farming subsector, plays a significant role in improving both regional and farmer-level economies, as evidenced by the profits gained from cattle farming. This study aims to analyze the profitability of Bali cattle farming and assess the economic growth of the agricultural sector in the Bali cattle development centers of South Konawe Regency. The research was conducted from June to August 2024. The study location was determined using purposive sampling, focusing on the South Konawe Regency in four priority subdistricts for Bali cattle development: Baito, Palangga, Buke, and Tinanggea, with 120 Bali cattle farmers as respondents. Primary data were collected directly from farmers through questionnaires and Focus Group Discussions (FGDs) involving local government officials, livestock extension workers, Bali cattle farmers, and academics. The primary data variables include farmer characteristics and production factors in Bali cattle farming, encompassing the inputs and outputs used. Secondary data were obtained from the Central Bureau of Statistics (BPS), the Department of Livestock and Animal Health (PKH), agricultural extension offices (BPP), the Regional Development Planning Agency (DDP), and other relevant sources. The Policy Analysis Matrix (PAM) was used to analyze the profitability of Bali cattle farming, while economic growth in the agricultural sector was assessed using Location Quotient (LQ), Dynamic Location Quotient (DLQ), Shift Share (SS), and Klassen Typology (KTK) analyses. The PAM analysis results indicate that Bali cattle farming yields a private profit of IDR 1,614,465 per head per year and a social profit of IDR 6,806,079 per year, demonstrating efficiency and viability. The LQ, DLQ, and SS analysis results reveal that the agricultural sector exhibits economic growth with an LQ value of 1.03, DLQ value of 1.17, and SS values (Rij 0.16, Ri 0.16, Ra 0.16, PBij 332.76, PNij 341.70, PPij 15.10, PPWij 6.16). These findings indicate that the sector is a competitive, prospective, and leading base sector, although its growth is relatively slow. Therefore, the government is encouraged to pay attention to and support future policies by considering the contribution of agricultural sector growth and assisting Bali cattle farmers in maintaining profitability in their farming activities.

Pemanfaatan Brosur Sebagai Media Promosi Wisata Spiritual Pura Tirta Empul Apuan Bangli

The spiritual tourism of Tirta Empul Apuan Bangli Temple has great potential, but limited promotions result in low tourist visits. As a religious destination rich in culture, Tirta Empul Apuan Temple needs to be encouraged to be better known through an effective promotional strategy. One way that can be done is by using print media, such as brochures, which can provide brief but interesting information for visitors. This service activity aims to develop brochures as informative promotional media using the ADDIE (Analysis, Design, Development, Implementation, Evaluation) method. At the analysis stage, the identification of appropriate promotional needs is carried out, followed by the design and development of a brochure that includes elements relevant to the characteristics of Tirta Empul Apuan Temple. The implementation of the brochure is carried out by distribution in strategic locations, both in physical and digital form. The evaluation showed that this brochure was effective in increasing tourist awareness about Tirta Empul Apuan Temple, as evidenced by the increase in the number of visits after the distribution of the brochure. These results show that the use of brochures as a promotional medium has succeeded in attracting more visitors, both directly and through digital platforms, thus supporting the growth of the spiritual tourism sector in Bali.

Analisis Strategi dan Perkembangan Industri di Indonesia

This study analyzes the strategy and development of industry in Indonesia with the aim of identifying the main factors that influence the growth of the industrial sector. This study uses a qualitative method with a literature study through related documents and journals. The results of the study indicate that industrial growth is influenced by economic, social, technological factors, and government policies. These factors include the growth of the manufacturing sector, the availability of skilled labor, investment, and the adoption of Industrial Revolution 4.0 technology. Government strategies such as Making Indonesia 4.0, tax incentives, and infrastructure improvements have played a significant role in encouraging industrial competitiveness in the global market. However, challenges such as limited infrastructure, high production costs that hinder growth, especially for Micro, Small and Medium Enterprises (MSMEs) and product quality that does not meet international standards are still major obstacles. This study concludes that in order to maintain competitiveness, industry must increase innovation, implement new technologies and strengthen the quality of human resources. The active involvement of the government in supporting policies and infrastructure is crucial to encourage sustainable industrial development.

Role of adapted films in promoting local tourism and development

Tourism stands as a cornerstone industry, experiencing continual expansion within the global economy, and is increasingly acknowledged for its crucial role as an economic catalyst. The convergence of the tourism sector with the film culture industry amplifies the economic advantages of regions and enriches cultural narratives while bolstering the international resonance of regional brands. This study examines the promotional efficacy of adapted films in fostering the development of local tourism sectors. It investigates the impact of adapted films on the development of local tourism economy and provides a new analytical perspective to describe their specific contribution to the tourism economy. Empirical findings underscore that adapted films imbued with regional nuances substantially augment local tourism revenue, catalyzing the growth of the tourism sector. This highlights the capacity of adapted films to amplify regional exposure, nurturing the expansion of the local tourism economy. The findings of the study reveal that the promotional impact of adapted films on local tourism sectors is more pronounced in less developed regions than in more developed regions. Moreover, areas with limited transportation infrastructure witness a heightened promotional effect from the film industry. Rigorous robustness and endogeneity tests corroborate the reliability of these findings.

Persepsi Pelaku UMKM Industri Halal terhadap Implementasi Kebijakan Pajak UMKM : Pendekatan Fenomenologi

This research examines the perceptions of MSME actors regarding the implementation of MSME tax policies in Indonesia, The aim of the research is to explore in depth the perceptions of MSME actors towards tax policy and identify the factors that influence it. The research method used is qualitative phenomenology, with data collection through in-depth interviews with MSME actors. The research results show a diversity of perceptions, ranging from positive views which see policies as supporting business formalization and opening access to financing facilities, to negative views which see them as an additional burden, especially for businesses with thin margins. Factors that influence perceptions include the level of tax knowledge, business experience, characteristics of the business sector, access to information, and the ability to utilize technology. The research conclusions emphasize the need for a more nuanced and adaptive approach in the formulation and implementation of MSME tax policy. The government needs to consider the diverse characteristics and needs of the MSME sector, increase tax education and outreach, and improve the accessibility of tax information and services. Continuous dialogue between policy makers and MSME actors is needed to develop an effective tax system in increasing state revenues and supporting the growth of the MSME sector.

Analisis Yuridis tentang Perlindungan Konsumen pada E-Commerce di Indonesia: Pendekatan Yuridis-Normatif

This study focuses on the juridical analysis of consumer protection in e-commerce transactions in Indonesia, considering the sector's rapid growth, which reached a total transaction value of IDR 631 trillion in 2023. On the other hand, consumer complaints have continued to rise, involving issues such as fraud, defective products, and data privacy violations. This study aims to evaluate the effectiveness of existing regulations, such as Law No. 8 of 1999 and its supporting regulations, in protecting consumer rights. Using a normative-juridical approach, the study examines the legal substance, implementation, and gaps between national regulations and international standards like the European Union's General Data Protection Regulation (GDPR). The findings indicate that although national regulations provide basic protections, their effectiveness is considered low, particularly in the aspect of personal data protection, which only achieves 40% effectiveness, significantly lagging the GDPR at 95%. Additionally, inefficient complaint mechanisms and weak coordination among government agencies are major obstacles to resolving consumer disputes. Low digital literacy among consumers further exacerbates the ineffectiveness of the protection provided by existing regulations. The study concludes that national regulations require significant reform to be more adaptive to digital challenges. Policy recommendations include adopting GDPR principles, strengthening government oversight, and enhancing consumer education. This study's contribution is expected to strengthen a safe, transparent, and equitable e-commerce ecosystem in Indonesia while boosting consumer trust in online transactions.

Kebijakan Industri Menghadapi Globalisasi

Industrial policy in Indonesia faces significant challenges in an era of increasingly complex globalization. Globalization brings great opportunities for domestic companies to compete globally, but also poses risks such as economic inequality and unemployment. To address these challenges, the government needs to develop a smart industrial policy that not only encourages sectoral growth but also stimulates cross-sectoral innovation. Selecting imported goods, imposing high import fees on commodities that can already be produced domestically, and providing capital injections to companies with comparative advantages are effective ways to protect local industries from the negative impacts of globalization. Digitalization must also go hand in hand with the implementation of this strategy so that sectors can use digital technology to increase productivity and create new economic opportunities, especially for micro, small, and start-up businesses. Furthermore, Indonesia's economic strength in navigating the problems of globalization may lie in its integration with the creative economy. Indonesia's industrial economy requires creative and innovative human resources so that the creative sector can develop and compete on a global scale.

Assessing the Environmental Kuznets Curve in Agricultural Transport: The Case of Brazilian Soy

Abstract This research investigates the Environmental Kuznets Curve (EKC) hypothesis within Brazil’s soy transportation sector. It aims to determine if CO2 emissions from soy transport show an “Inverted-U” or “N” shaped relationship with income from 2002 to 2017. Using a mathematical optimization model and System GMM for analysis, the study finds an “N” shaped EKC, indicating emissions initially increase, decrease, and then rise again with income. This suggests long-term environmental damage from sector growth, highlighting the need for targeted measures to mitigate emissions and enhance operational productivity, such as investments in intermodal transport and road efficiency improvements.

HALFIN: innovation of the strategy model to accelerate mandatory halal through integration of indonesian financial institutions

The Indonesian government is committed to developing the halal industrial sector by accelerating mandatory halal certification in 2024. This is based on the continued growth of the sharia sector and the enormous potential of the Indonesian halal industry. On the other hand, Indonesia is the country with the largest level of halal consumers in the world. However, from the producer side, Indonesia is still not optimal. So innovation is needed in accelerating mandatory halal certification as part of improving product quality at the global level. The aim of this research is to explain strategic innovation in accelerating mandatory halal certification using descriptive qualitative research methods with a literature study approach. The results of this research show that the model offered is through integration between BPJPH institutions and financial institutions in the form of making halal certification a condition for obtaining financial financing. This is based on the fact that every business requires capital to run a business, so including the element of ownership of halal certification is the right thing to encourage business actors to carry out halal obligations. It is hoped that this strategy model can be taken into consideration by stakeholders in achieving Indonesia's mandatory halal target in order to support Indonesia as the world's halal center. Keywords: Financial institutions, Halal certification, strategy

A mining code for regulating lunar water ice mining activities

Despite the increasing number of space launches, growth of the commercial space sector, signing of the Artemis Accords, maturation of space mining technologies, the emergence of a regulatory environment through domestic legislation, and a comprehensive body of international law, an intergovernmental governing authority has yet to be established to manage mining activities on the Moon. We developed a Lunar Mining Code and mapping tool to regulate and manage prospecting and exploration activities for water ice at the Moon’s poles. The Lunar Mining Code is composed of a notification system to manage prospecting, a contract system for issuing exploration licenses to allotted areas on the Moon, and best mining practices and principles to promote equal access and safeguard the lunar environment.

The Innovation of IoT Water Monitoring Irrigation Solar System

This research investigates the significant economic challenges posed by agricultural irrigation, driven by high electricity, water, and labor consumption. The IoT Water Irrigation Solar System is developed to promote sustainable agricultural sector growth while minimizing environmental impact. Extensive land exploration for agriculture has resulted in substantial environmental pollution globally. The National Water Services Commission aimed for a per capita water consumption target of 180 liters daily by 2020. The labor force reduction in Malaysia in 2022 incurred a RM22 billion economic loss. Emphasizing renewable energy adoption, such as solar power, is crucial for conserving non- renewable resources. Soil moisture studies play a critical role in optimizing water usage for agriculture. The IoT Water Irrigation Solar System integrates moisture detectors, temperature and humidity sensors, and solar panels. Furthermore, the Blynk Application enhances remote monitoring and data recording capabilities for efficient plant management from distant locations.

A Specific Component in the US Banking System: The State of Ohio

Deregulation of the US banking system in the 1980s and 1990s led to profound changes not only in the operating conditions of credit corporations but also in the territorial structure of the industry. A particularly important role was played by the gradual lifting of the historical ban on creating interstate branch networks, which allowed the most successful banking holding companies to expand into other regions and partially displace local businesses. Among the centers from which such commercial expansion took place were Columbus, Cleveland, and other cities in Ohio, which had significant economic foundations and human resources. Ohio's share of national totals, measured by the assets of bank holding companies, rose almost continuously until 2002–2003, but then began to decline under pressure from even stronger competitors. Meanwhile, in the early 2000s, as advancements in telecommunications increasingly enabled the remote distribution of internal corporate administrative functions, Ohio became a strategic hub for holdings from other states – primarily JPMorgan Chase from New York. To this day, Ohio reflects a dual, albeit uneven, success: the state holds a significant position in its own holdings’ assets (sixth or seventh place in the US), while also maintaining a leading role in the strategic presence (at the level of key subordinate banks) of holdings from other parts of the country. For Ohio, an old industrial state that had been struggling since the 1960s with the rise of new competitors with more advanced manufacturing, the growth of the banking sector (in both aspects noted) became a key part of the state's economic restructuring and an important source of job creation.

Inter-State Variation in Sectoral Growth after State Reorganisation: A Comparative Study of Parent and Newly Formed States in India

Since India’s independence in 1947, federal transformations have shaped the formation of new states. In November 2000, Chhattisgarh, Uttarakhand and Jharkhand were created from Madhya Pradesh, Uttar Pradesh and Bihar, respectively. This article explores inter-state sectoral growth variations among these new states. Using panel data from 2004–5 to 2020–21, it compares agriculture, industry, construction, manufacturing, banking and insurance, and services on a per-capita basis. The findings show that while Uttarakhand achieved a higher compound annual growth rate than Uttar Pradesh, the other two parent states outperformed their new counterparts. The analysis also reveals significant sectoral differences, particularly highlighting Uttarakhand’s economic strength as a hilly state.

Does economic policy uncertainty, nuclear energy, and crude oil influence CO2 emissions? A sectoral growth analysis on G20 countries.

The G20 nations collectively accounted for a significant portion of global CO2 emissions due to their vast economies and rising energy demand. While some G20 nations have made substantial efforts to reduce their emissions through policies such as renewable energy incentives and carbon pricing, others may still heavily rely on fossil fuels for energy production and industrial processes. Therefore, this recent study endeavoured to investigate the relationship between nuclear energy consumption (NEC), crude oil (CO), and economic policy uncertainty (EPU) with CO2 emissions in three economic sectors of G20 nations. Despite voluminous research work conducted on mitigating CO2 emission, to the best of our understanding, this paper marks the inaugural endeavour to investigate the impact of the afore-mentioned variables in a three-sector model with emission across G20 countries. To achieve this objective, we carried out a range of examinations, encompassing panel unit root and cointegration tests, followed by panel DOLS, ARDL, and the Dumitrescu-Hurlin causality test, spanning the period from 1990 to 2022. The findings trace that agricultural growth reduces CO2 emissions, while manufacturing and service sector growth increases CO2 emissions in both the short and long run. The panel ARDL analysis shows that CO leads to an increase in carbon emissions in the short term, whereas NEC contributes to a reduction in emissions. In terms of the synergy between NEC and EPU, it is noteworthy to mention that the collective impact of increase in NEC and decrease in EPU reduces the emission in three sectors. Nevertheless, in the long term, EPU exhibits a negative correlation with emissions across three sectors. Hence, the current research proposes waning EPU as a deliberate strategy to reduce emissions under careful consideration of its potential effects and feasibility within broader economic and policy contexts.

ADDRESSING THE NECESSITY AND CONTRIBUTION OF URBAN GREEN SPACE IN METROPOLITAN CITIES

The role and contribution of urban green space have become crucial. In addition to serving as a space to maintain environmental quality and improve people's living conditions, urban green space also serves a purpose in the transformation of an urban region. This study aims to examine what factors influence the increase in the amount of UGS in Bekasi Municipality as a Metropolitan city. The data were collected from Spatial Planning Office and Central Bureau of Statistics in 2013- 2022. Using Multiple Regression techniques, this research explores the association of variables in terms of the necessity for UGS. The result of this study shows that the population have a positive correlation but no significant impact on the total area of UGS. The total area of residential has a positive and significant impact on UGS, while the growth of the real estate sector has a negative impact and is not significant on the total area of UGS in Bekasi City. With the increasingly limited land area, the government of Bekasi Municipality should pay attention to the availability of existing land so that it can be used for urban green areas.