SPATIAL ANALYSIS OF THE IMPACT OF MIGRATION ON REGIONAL GROWTH IN IRAN (2006-16)

Shekoofeh FARAHMAND

Associate Professor, Economics Department, University of Isfahan, Iran

sh.farahmand@ase.ui.ac.ir

Narges GHASEMIAN

Ph.D candidate of economics, Alzahra University of Tehran, Iran

N.Ghasemian@alzahra.ac.ir

Abstract

One of the most important applications of economic growth models is for regional economic growth. In regional growth studies, it is necessary to consider spatial effects because of spatial dependence among the growth rates of regions. This research investigates the impact between net migration and its spatial lag on regional growth, based on the neoclassical (Solow) growth model. The used model in the study is the Dynamic Panel Data (DPD) which has been specified as a Spatial Durbin Model (SDM) and estimated by the spatial generalized method of moments (SGMM). The specified model has been tested for the 30 provinces of Iran in the period of 2006-16. The estimated results show that the time-lagged dependent variable had a positive and highly significant effect on income per capita. The impact of initial income per capita on growth is negative, and the convergence hypothesis is thus accepted. That is, poor provinces grow faster than the rich. The income per capita and growth are positively related to net migration rate. Expectedly, the new coming people to a province would increase income per capita and growth. The estimated coefficient of the spatial lag of the dependent variable is statistically significant and demonstrates spatial dependence in income as well as economic growth among the provinces of Iran. Every province’s growth rate was positively impacted by the economic growth of its neighbors. However, net migration has no spatial effect on income per capita and growth. In other words, the regional economic growth has not been influenced by migration to neighboring provinces.

Keywords: Neoclassical growth model, convergence, migration, spatial Durbin model, spatial generalized method of moments.

JEL classification: O47, C23, R23
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BDI’s CORRELATION WITH LEADING ECONOMIC INDICATORS

Theodore PELAGIDIS

Professor, University of Piraeus & NR Senior Fellow, Brookings Institution, US. 21, Lambraki Ave.,GR-18533

pelagidi@unipi.gr

Evgenia TSAHALI

University of Piraeus,

evgtsahali@yahoo.gr

Abstract

The aim of this paper is to investigate the correlation between the Baltic Dry Index (BDI) and certain leading economic indicators. We follow a different path than the existing literature follows. In particular, using a multi-linear regression method and defining the BDI index as a dependent variable, we seek to determine the multiple relations of the independent variables regarding the BDI value. We are looking at whether the BDI is a representative indicator not only for the shipping industry itself, but also for the whole economic and financial environment in which the shipping industry operates.

Keywords: Transportation Economics, General Financial Markets, Financial Securities

JEL classification: R4, R42, G1

DEVELOPMENT AND SOLIDARITY ECONOMY STRATEGIES IN BRAZIL: CASE STUDIES

Kátia SANTOS

PhD. University of the State of Amapa/Researcher of the Study Group on Educational Policy and Management, Brazil

katia.santos@ueap.edu.br

Hermínia GONÇALVES

PhD. Assistant Professor at Universidade de Trás-os-Montes e Alto Douro (UTAD), and Senior researcher at Centre for Transdisciplinary Development Studies (CETRAD), Vila Real, Portugal

hgoncalves@utad.pt

Teresa SEQUEIRA

PhD. Assistant Professor at Universidade de Trás-os-Montes e Alto Douro (UTAD), and Senior researcher at CETRAD, Vila Real, Portugal

tsequeir@utad.pt

Francisco DINIZ

PhD. Associate Professor with Abilitation retired from UTAD, and Senior researcher at CETRAD, Vila Real, Portugal

fdiniz@utad.pt

Abstract

The solidarity economy is guided by the guidelines of sustainable development, presenting the principles of self-management (as a mechanism for valuing freedom), equality between members and the exaltation of solidarity. This article aimed to analyze the development of income generating activities based on solidarity economy strategies, explaining individual and territorial impacts in the State of Amapá, located in the extreme north of Brazil, in order to show the main state development policies adopted. We used a qualitative research, with the selection of four projects for case studies, in order to measure the main advances and challenges that are required in the segment, as well as the impacts of the development policies to the solidarity economy in the projects studied. This study identified the need for restructuring in the formats of management policies of government agencies, which should operate in a harmonious and articulated way, but rather act in isolation and without effective communication between them, impairing the quality and result of the services offered. With regard to the impacts of the solidarity economy for the enterprises, it was verified that the activities investigated achieved financial return, which could be substantially intensified, if there was a better structuring in the development policies.

Keywords: Development, Solidary Economy, Public policy, State of Amapá

JEL classification: R58, L31, I38
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