The Impact of Import, Savings, Consumtion and Inflation Rate on the Economic Growth of Denmark
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 10
Abstract
This paper investigates the dynamic relationships between imports of goods and services (annual % growth), adjusted savings: consumption of fixed capital (current US$), final consumption expenditure (annual % growth), inflation GDP deflator (annual %) and economic growth in Denmark, using multivariate setting to examine time- series data. The secondary records from 1973 to 2022 that were collected from the World Bank comprise the data used in this analysis. The results of the study show that annual percentage increases in final consumption expenditure and imports of goods and services both considerably boost economic growth. However, the annual percentage of inflation as indicated by the GDP deflator and adjusted savings, which is expressed as the consumption of fixed capital in current US dollars, have a negative impact on economic growth.
Authors and Affiliations
Malikakhon Dilbarova , Azamat Ulmasov,
Keywords
Related Articles
- EP ID EP748068
- DOI 10.47191/jefms/v7-i10-18
- Views 31
- Downloads 0
The Nexus between Shepherd Leadership and Modern Leadership Models: A Systematic Literature Review
Leadership theorists’ have time immemorial endeavoured to conceptualise the best leadership models that would meet the challenges of our ever-changing business landscape. Many theorists have postulated theories on human...
The Influence of Personality Traits, Competencies and Organizational Citizenship Behavior on Teacher Performance Which is Moderate by Organizational Culture (Study At Darullughoh Wadda'wah Islamic Boarding School)
This research is motivated by teacher performance. The purpose of this research is to determine the influence of the relationship between personality traits, competence, organizational citizenship behaviour can have an i...
University’s Role as Social Responbility (Csr)
Corporate Social Responsibility (CSR) that has occurred so far has received recognition within the company in the broad sense of the organization, it is possible that the implementation of CSR can also be carried out at...
The RICO Law and The MAGNITSKY Law - the solution for fighting corruption and the mafia in European Commission and Bulgaria - on the example of the "real owner" of the state company BULGARIAN POSTS JSC and the theft and loss of an American company for $ 250 billion
Lord prof PhD PhD Momtchil Dobrev-Halachev and Prof. Mariola Garibova-DObreva developed 2006 “Theory of degree of democracy” and “Theory of degree of justice / injustice /” based on their practice in court, prosecutor's...
Analysis of donor investment in Ethiopian Institute of Agricultural Research
The study examines the impact of foreign aid on agricultural research in Ethiopia over the period 2011-2020. According to the study, donor allocations averaged 23% of the total amount of funds received by the institution...