DOI: DOI: 10.37421/2375-4389.22.10.346
The COVID-19 outbreak hit the world economy with unprecedented consequences, which induced governments to intervene in the market and facilitate the recovery process. The bailout plans of advanced economies, though appropriate for short-term recovery, may have long-term adverse effects on budget discipline and inflationary expectations. Indeed, massive government interventions and bailouts will lead to huge amount of fiscal deficits, which may create inflationary expectations. The goal of this paper is twofold. First, it tries to estimate the effects of COVID-19 on economic growth, unemployment rate, consumption expenditures, industrial production, and GDP growth. Second, it tries to measure the long-term effects on budget deficit, and expected inflation, using Vector Error Correction (VEC) model with quarterly data for the period of 2009:1-2020:4 for the U.S. economy. The VEC model used in this study is superior to the VAR models used in previous studies. The estimated results in this study indicate that the budget deficit effect of this bailout will last at least for a period of five years and inflationary expectations will be lingering in the medium-term.
Abderraouf Mtiraoui* and Najoua Talbi
DOI: 10.37421/2375-4389.2022.10.371
The objective of this article is the empirical study between international trade and sectoral growth over the period from 1975 to 2018. Using control variables chosen during a reading of the theoretical and empirical review of the determinants of economic growth in the context of answering to the problem posed for the case of Tunisia. The liberalization of international trade can improve the competitiveness of tradable goods and services and therefore stimulate short-term sectoral growth, which will be verified in the long term while using a new technique from ARDL.
Abderraouf Mtiraoui*, Slim Aliouet, Najoua Talbi and Adel Krieam
DOI: 10.37421/2375-4389.2022.10.372
The purpose of this paper is to study comparative analyzes between two different situations, namely the situation before the COVID-19 epidemic and during the COVID-19. We have tried to present in a cartography the spatial distribution for the majority of MENA countries while showing the evolution of some socio-economic indicators namely education, health, GDP growth during the years 2017 and 2020.
Walelign Amenu Zeleke*
A good life cannot be achieved without having good living conditions. So the general objective of this study was to analyze the impact of remittances on the living conditions of remittances receiving households, in Kebri Dehar city. Propensity score matching using probit regression model used to examine for this study. The household living condition can be measured with different outcome indicators namely household income, household consumption expenditure, and household food expenditure for remittance receiver and non-receiver households. The findings revealed that remittances significantly improve household income, consumption, and food expenditures for recipients in comparison with non-recipients. Primary data was collected on household questionnaires with 384 sample respondents drawn from both remittances receiving and non-remittance receiving households using cross-sectional data in Kebri Dehar city. To find those migrants’ remittances could improve the living conditions of households in Kebri Dehar city and affect negatively the incidence of poverty. Generally, the results show a positive and significant impact of remittances on the living condition of households. Hence, support increasing arguments that the government, as well as other concerned stakeholders, should effectively work on easing the remittance sending process and cost, so as to better extract the well-being benefit of migrant remittances.
Youcef Djeddai, Jedidah Vika Muli
Since 1998-2011 of 22 August 1998 Algeria has invested more than ever in political, legal, financial and human resources to promote scientific research and technological development, and its corollary innovation, however two decades passed without concrete results. is it an input problem? or is it a malfunction of the black box program (innovation system)?
Mehdi Khazaei*
The purpose of this study is to identify the factors affecting on increasing of contractors 'profits of EPC projects and also to estimate the impact of each factor on the increase of contractors' profits. For this purpose, a questionnaire based on the components extracted from previous studies was prepared and sent to EPC project experts. At this stage, the factors affecting on profitability of EPC projects were identified according to the PMBOK standard. Then, the opinion of experts on the importance of each of the factors affecting on increasing EPC contractors’ profits was obtained based on the Likert five-choice range and analyzed using SPSS software. The results show that the timely supply of equipment, avoiding of complex administrative bureaucracy, innovation and use of new technologies, adequate expertise and timely financing have the greatest impact on increasing the profits of EPC contractors, respectively.
Dodi Irwan Siregar
Journal of Global Economics received 1196 citations as per Google Scholar report
