nach oben

Erschienen in:

2024 | OriginalPaper | Buchkapitel

Analysis of Factors that Affect the Economic Growth in Developing Countries: A Case Study of Latin America

verfasst von : Su Yue

Erschienen in: New Perspectives and Paradigms in Applied Economics and Business

Verlag: Springer Nature Switzerland

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This study investigates the effects of various factors on economic growth in Latin America. We use Gross Domestic Product (GDP) to measure the performance of economic growth as it is one of the most important determinants of a country’s economic growth. We analyze the effects of five factors: export, import, foreign direct investment, educational investment, and the rate of inflation on the economy of four countries in Latin America: Ecuador, Peru, Paraguay, and Chile. Data is collected from 1990 to 2020, and a regression model is used for analysis. After analyzing the coefficients in the model, we get the results. The results show that export, import, and education have a significantly positive influence on GDP in most of the countries in Latin America, but foreign direct investment has a significantly negative influence mostly. The relationship between inflation and GDP is complex, as it is positive in some countries and negative in others.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 390 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Maschinenbau + Werkstoffe

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel ICT Diffusion and Economic Growth in Southern African Development Community (SADC) Countries

Nächstes Kapitel A Comparison of Ethical Perceptions of Business Students in MENA

https://www.worldbank.org/en/home.

https://www.fao.org/home/zh/.

https://unctad.org/.

Ekanayake, E.M.: Exports and economic growth in Asian developing countries: cointegration and error-correction models. J. Econ. Dev. 24(2), 43–56 (1999). https://www.researchgate.net/publication/265578537

Lewer, J.J., den Berg, H.V.: How large is international trade’s effect on economic growth. J. Econ. Surv. 17(3), 363–396 (2003). https://doi.org/10.1111/1467-6419.00198CrossRef

Awokuse, T.O.: Food aid impacts on recipient developing countries: a review of empirical methods and evidence. J. Int. Dev. 23(4), 493–514 (2011). https://doi.org/10.1002/jid.1680CrossRef

Schneider, P.H.: International trade, economic growth and intellectual property rights: a panel data study of developed and developing countries. J. Dev. Econ. 78(2), 529–547 (2005). https://doi.org/10.1016/j.jdeveco.2004.09.001CrossRef

Klasen, S., Lamanna, F.: The impact of gender inequality in education and employment on economic growth: new evidence for a panel of countries. Fem. Econ. 15(3), 91–132 (2009). https://doi.org/10.1080/13545700902893106CrossRef

Hanushek, E.A., Woessmann, L.: The Role of education quality in economic growth, (Working Paper, No.4122). World Bank Policy (2007). https://ssrn.com/abstract=960379

Bloom, D.E., Canning, D., Chan, K.J., Luca, D.L.: Higher education and economic growth in Africa. Int. J. Afr. High. Educ. 1(1), 22–57 (2014). https://ssrn.com/abstract=2540166

Alfaro, L., Chanda, A., Kalimli-Ozcan, S., Sayek, S.: FDI and economic growth: the role of local financial markets. J. Int. Econ. 64(1), 89–112 (2004). https://doi.org/10.1016/S0022-1996(03)00081-3CrossRef

Borenszteina, E., De Gregoriob, J., LeecEduardo, J.B.: How does foreign direct investment affect economic growth. J. Int. Econ. 45(1), 115–135 (1998). https://doi.org/10.1016/S0022-1996(97)00033-0CrossRef

10.

Carkovic, M., Levine, R.: Does Foreign Direct Investment Accelerate Economic Growth? (Working Paper). University of Minnesota, Department of Finance (2005). https://doi.org/10.2139/ssrn.314924

11.

Azman-Saini, W.N.W., Law, S.H., Ahmad, A.H.: FDI and economic growth: new evidence on the role of financial markets. Econ. Lett. 107(2), 211–213 (2010). https://doi.org/10.1016/j.econlet.2010.01.027CrossRef

12.

Attari, M.I.J., Javed, A.Y.: Inflation, economic growth and government expenditure of Pakistan: 1980–2010. Procedia Econ. Financ. 5, 58–67 (2013). https://doi.org/10.1016/S2212-5671(13)00010-5CrossRef

13.

Barro, R.J.: Inflation and economic growth. Ann. Econ. Financ. 14(1), 85–109 (2013). http://www.nber.org/papers/w5326

14.

Mallik, G., Chowdhury, A.: Inflation and economic growth: evidence from four south Asian countries. Asia-Pac. Dev. J. 8(1), 123–135 (2001). http://handle.uws.edu.au:8081/1959.7/10740

Titel: Analysis of Factors that Affect the Economic Growth in Developing Countries: A Case Study of Latin America
verfasst von: Su Yue
Verlag: Springer Nature Switzerland
Buch: New Perspectives and Paradigms in Applied Economics and Business
Print ISBN: 978-3-031-49950-0

Electronic ISBN: 978-3-031-49951-7

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-3-031-49951-7_17

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Technik"

Springer Professional "Wirtschaft"