Pub Date : 2023-09-22DOI: 10.1186/s40008-023-00308-9
Hamdi Becha, Maha Kalai, Kamel Helali
Abstract Since its independence, Tunisia has embarked on monetary and financial sector reforms aimed at boosting economic growth. However, these reforms have not been effective due to inflation pressures in this country. Thus, this paper examines the nature of the relationship between financial development and economic growth between 1965 and 2019, using the non-linear logistic smooth transition regression model and considering inflation as a threshold financial development. The results show the existence of a non-linear abrupt relationship with an inflation threshold equal to 3.63%. Specifically, when inflation is below 3.63%, all variables, including inflation, have a significant and positive impact on economic growth. However, when inflation exceeds the estimated threshold, inflation has a significant and negative impact with an elasticity equal to − 0.365. To effectively manage inflation, the Tunisian authorities are encouraged to set and embrace specific inflation targets as a goal. This approach aims to mitigate inflationary pressures and foster a favourable environment for financial development in Tunisia, thereby promoting economic growth. Hence, it becomes imperative to implement such measures that alleviate inflationary pressures and drive economic growth through the facilitation of development finance by the banking sector.
{"title":"Smooth transition regression model relating inflation to economic growth in Tunisia","authors":"Hamdi Becha, Maha Kalai, Kamel Helali","doi":"10.1186/s40008-023-00308-9","DOIUrl":"https://doi.org/10.1186/s40008-023-00308-9","url":null,"abstract":"Abstract Since its independence, Tunisia has embarked on monetary and financial sector reforms aimed at boosting economic growth. However, these reforms have not been effective due to inflation pressures in this country. Thus, this paper examines the nature of the relationship between financial development and economic growth between 1965 and 2019, using the non-linear logistic smooth transition regression model and considering inflation as a threshold financial development. The results show the existence of a non-linear abrupt relationship with an inflation threshold equal to 3.63%. Specifically, when inflation is below 3.63%, all variables, including inflation, have a significant and positive impact on economic growth. However, when inflation exceeds the estimated threshold, inflation has a significant and negative impact with an elasticity equal to − 0.365. To effectively manage inflation, the Tunisian authorities are encouraged to set and embrace specific inflation targets as a goal. This approach aims to mitigate inflationary pressures and foster a favourable environment for financial development in Tunisia, thereby promoting economic growth. Hence, it becomes imperative to implement such measures that alleviate inflationary pressures and drive economic growth through the facilitation of development finance by the banking sector.","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136061593","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-09DOI: 10.1186/s40008-023-00307-w
Julius Tan Gonzales
{"title":"Implications of AI innovation on economic growth: a panel data study","authors":"Julius Tan Gonzales","doi":"10.1186/s40008-023-00307-w","DOIUrl":"https://doi.org/10.1186/s40008-023-00307-w","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"12 1","pages":"1-37"},"PeriodicalIF":0.0,"publicationDate":"2023-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47045359","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-09DOI: 10.1186/s40008-023-00304-z
Seongha Lee, Taku Ishiro
{"title":"Regional economic analysis of major areas in South Korea: using 2005–2010–2015 multi-regional input–output tables","authors":"Seongha Lee, Taku Ishiro","doi":"10.1186/s40008-023-00304-z","DOIUrl":"https://doi.org/10.1186/s40008-023-00304-z","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"12 1","pages":"1-28"},"PeriodicalIF":0.0,"publicationDate":"2023-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46626878","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-07DOI: 10.1186/s40008-023-00306-x
Mohammad Al-Shboul, A. Maghyereh
{"title":"Did real economic uncertainty drive risk connectedness in the oil–stock nexus during the COVID-19 outbreak? A partial wavelet coherence analysis","authors":"Mohammad Al-Shboul, A. Maghyereh","doi":"10.1186/s40008-023-00306-x","DOIUrl":"https://doi.org/10.1186/s40008-023-00306-x","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"12 1","pages":"1-23"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42688753","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-01DOI: 10.1186/s40008-023-00305-y
Kouakou Jean Fidele Sié
{"title":"Industrial policy and labour productivity growth in Africa: does the technology choice matter?","authors":"Kouakou Jean Fidele Sié","doi":"10.1186/s40008-023-00305-y","DOIUrl":"https://doi.org/10.1186/s40008-023-00305-y","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"12 1","pages":"1-24"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47360284","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-12DOI: 10.1186/s40008-023-00302-1
Nicolás Garrido, Jeffrey Morales
{"title":"An analysis of the effect of fiscal expenditure on the income distribution of Chilean households","authors":"Nicolás Garrido, Jeffrey Morales","doi":"10.1186/s40008-023-00302-1","DOIUrl":"https://doi.org/10.1186/s40008-023-00302-1","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"12 1","pages":"1-19"},"PeriodicalIF":0.0,"publicationDate":"2023-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49506736","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-12DOI: 10.1186/s40008-023-00301-2
Ayesha Naz
{"title":"Linkages between different types of globalization and socio-economic variables: panel data analysis for 129 countries","authors":"Ayesha Naz","doi":"10.1186/s40008-023-00301-2","DOIUrl":"https://doi.org/10.1186/s40008-023-00301-2","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":" ","pages":"1-23"},"PeriodicalIF":0.0,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47921419","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-11DOI: 10.1186/s40008-023-00300-3
Ryuki Kobayashi
{"title":"The effects of new technology on productivity: technological improvement and reallocation efficiency in the Japanese steelmaking industry","authors":"Ryuki Kobayashi","doi":"10.1186/s40008-023-00300-3","DOIUrl":"https://doi.org/10.1186/s40008-023-00300-3","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":" ","pages":"1-24"},"PeriodicalIF":0.0,"publicationDate":"2023-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48883500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-17DOI: 10.1186/s40008-023-00297-9
M. Shimizu, O. Tiku
{"title":"Evaluation of environmental energy efficiency and its influencing factors: a prefecture-level analysis of Japanese manufacturing industries","authors":"M. Shimizu, O. Tiku","doi":"10.1186/s40008-023-00297-9","DOIUrl":"https://doi.org/10.1186/s40008-023-00297-9","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"12 1","pages":"1-26"},"PeriodicalIF":0.0,"publicationDate":"2023-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45877162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-16DOI: 10.1186/s40008-023-00296-w
Yu Zhou, Caijiang Zhang, Zhang Li
{"title":"The impact of digital financial inclusion on household carbon emissions: evidence from China","authors":"Yu Zhou, Caijiang Zhang, Zhang Li","doi":"10.1186/s40008-023-00296-w","DOIUrl":"https://doi.org/10.1186/s40008-023-00296-w","url":null,"abstract":"","PeriodicalId":37562,"journal":{"name":"Journal of Economic Structures","volume":"12 1","pages":"1-21"},"PeriodicalIF":0.0,"publicationDate":"2023-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43786617","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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