Articles tagged with Economic Growth
Robert Gordon's research focuses on the causes of long-term unemployment and declining labor-force participation, with implications for future economic growth. He will critically evaluate the impact of technological progress on employment and consider policy strategies to mitigate its effects.
A new study found that counties where Wal-Mart built stores experienced a less significant drop in crime rates compared to other counties. The study, which analyzed data from over 3,000 US counties, suggests that the retailer's presence may even contribute to higher crime rates in areas with existing social issues.
A recent study found that community-focused agriculture has a measurable effect on economic growth in certain US regions. For every $1 increase in agricultural sales, personal income rose by 22 cents over five years.
In response to economic downturns, large chemical firms are reorganizing by acquiring specialty companies with high market potential. DuPont's Danisco acquisition and Dow's Rohm and Haas purchase have proven successful in shedding underperforming businesses.
A CU-led study suggests that attracting and retaining highly skilled foreign Ph.D. students can revitalize innovation and economic growth in the US. The researchers found that increased student diversity boosts innovative research and that high-performing foreign-born Ph.D. students improve the creation of knowledge in US universities.
A new report highlights 100 companies created from federally funded university research, driving innovation and job creation. The companies' success is attributed to the nurturing ecosystem of research universities, providing access to essential tools like technology transfer offices and business incubators.
Scientists warn that shale oil and gas production in the US is not sustainable due to declining energy returns on investment (EROI) and high costs. Despite tripling of prices, global fossil-fuel production has stagnated or declined, making it unlikely for the US to become a net oil exporter.
The study will focus on three leading Philadelphia arts organizations: the Chamber Orchestra of Philadelphia, Opera Philadelphia, and the Pennsylvania Ballet. The research aims to understand how these organizations cope with changing landscapes and explore best practices for other institutions.
A University of Wisconsin-Madison team developed a model to forecast the impact of future policies on urban development and agricultural cultivation on aquatic ecosystems. The study found that crop cover is projected to decrease in some regions, while urbanization may exacerbate biodiversity loss in others.
Healthcare spending in the US is projected to grow at an average annual rate of 5.8% from 2012 to 2022, with increased growth expected after 2013 due to expanded health coverage and faster economic growth. The Affordable Care Act is expected to influence this growth, with Medicaid enrollment increasing by 8.7 million people in 2014.
The American Chemical Society's symposium on innovation and entrepreneurship emphasizes the shift from large companies to smaller entrepreneurs and startups in transforming ideas into goods and services. The ACS Entrepreneurial Initiative provides training, resources, and support for budding entrepreneurs in the chemical sciences to fo...
Scientists from Wildlife Conservation Society examine implications of economic development and climate change on conserving Myanmar's biodiversity. Recommendations include strengthening protected area systems and ecosystem-based adaptation strategies to protect unique biodiversity.
A new study by Stanford University researchers concludes that the demand for oil will reach its peak and decline due to economic growth limitations and increasing use of alternative fuels. Historically, there is a connection between economic growth and oil consumption breaking down, leading to more efficient alternatives.
A recent study by University of Missouri anthropologist Mary Shenk found that economic changes, such as higher education and employment, are the primary drivers of declining fertility rates. This shift is attributed to improved living standards and increased access to contraception, resulting in reduced family size and slowing populati...
A study found that emotional words in books decreased over the past century, except for fear which increased. American and British English diverged since the 1960s, with American English becoming more 'emotional' than British English.
A new report investigates UK economic challenges and proposes initiatives to kick-start growth, focusing on education, business, and innovation. The report explores unconventional approaches to issues such as unemployment, management practices, and globalization.
A new study links vector-borne diseases to economic development across the globe, finding that these diseases have a substantial effect on income between tropical and temperate countries. The study's results suggest that infectious diseases can undermine economic growth similarly to crime or government corruption.
The study found that 30% of Chinese urban households own credit cards, with a growth rate of 40% per year between 2004 and 2009. However, most non-card holders are unaware of safety issues and have little knowledge of credit card consequences.
A recent economic recession has led to a significant increase in entrepreneurship, particularly among necessity-driven ventures. Research suggests that the number of Americans engaging in self-employment rose significantly during this period, with notable increases in rural entrepreneurship levels and African American participation.
The slowest-growing metro areas in the US had lower unemployment rates and higher income levels compared to the fastest-growing areas. They averaged $8,455 more per capita in personal income in 2009.
The UK space sector has demonstrated remarkable growth, contributing £9.1 billion to the economy in 2010/11, with an average annual growth rate of 7.5%. The sector's continued success reflects strategic investment in technological innovations and a highly skilled workforce.
The UK Space Agency has launched its Civil Space Strategy, aiming to capture 10% of the global space market by 2030. The strategy focuses on creating new opportunities for industry, bolstering the role of space in the UK's infrastructure, and furthering national space technology.
A study by economist Richard Easterlin reveals that Chinese people are less happy overall than they were two decades ago, despite unprecedented economic growth. Life satisfaction among the poorest Chinese has fallen dramatically, reflecting rising unemployment and deteriorating social safety nets.
A study analyzing data from 30 Chinese provinces found that energy consumption has a greater impact on output than labor, while pollution has little effect. China must implement effective environmental regulations to reduce pollution and energy consumption and bind economic growth with environmental protection.
Economists create new framework for examining developing economies by analyzing Thai villages. Preliminary findings show highly integrated capital markets across villages, with households relying on informal borrowing and gifts to finance opportunities.
The UK Space Agency has granted nearly £6 million to support four major research and development consortium projects led by Astrium Ltd, Avanti Communications Ltd, DMC International Imaging Ltd, and Surrey Satellite Technology Ltd. The projects focus on developing commercial products and services using space technology and data.
A study by Columbia University's Mailman School of Public Health found a significant link between economic conditions and suicide rates in NYC. The monthly suicide rate was 29% higher at the economic low point in 1992 than at the peak in 2000, with white men under 45 being the most affected.
A new policy report from Rice University's Baker Institute warns that India's economic slowdown is due to its failure to implement necessary reforms. The report highlights the need for fiscal discipline, tax reform, governance initiatives, and other measures to boost growth.
A new study from Rice University and the University of Colorado found that economic growth in developing nations can lead to increased obesity among lower socio-economic status individuals. This is attributed to different cultural values and norms, with being large considered a status symbol in developing countries.
Organic aerosol is a significant fraction of fine particles in Beijing, with key role in air pollution. Recent study characterizes winter organic aerosols using high-resolution measurements, revealing prominent accumulation mode and photochemical characteristics.
The ICTP South American Institute for Fundamental Research (ICTP-SAIFR) will focus on areas like gravitation, particle physics, and field theory. The center will host visiting researchers, organize schools and workshops for PhD students, and hire permanent professors to promote scientific excellence in South America.
A commentary in Nature suggests that the economic pain of a flattening oil supply will trump environmental concerns, with production hitting a wall around 2005. Stagnant oil supplies and volatile prices take a toll on the world economy, with oil production decline expected to continue.
Global carbon dioxide emissions increased by 5.9% in 2010, with contributions from China, USA, India, and the European Union. The recovery was short-lived as strong emissions growth resumed in developed economies.
A new mathematical model developed by an international research group can predict the stability of European nations and identify regions more likely to break up. The model considers demographic, economic, cultural, and genetic factors, showing a correlation between population genetics and cultural distance.
A study reveals that universities in the south-east of England outperform those in less competitive regions in commercializing their research. Key findings show that these universities have a high concentration of innovative firms and Research and Development institutions, facilitating collaboration and knowledge transfer.
EU companies expect global R&D investments to grow by 5% annually, with a significant focus on emerging economies like China and India. Innovation is seen as key to commercial success and job creation, with 27% of annual sales coming from innovative products introduced in the past three years.
A study by Penn State economists found that locally owned small businesses generate higher incomes for community members and provide long-term economic growth. In contrast, large, nonlocal firms can depress local economies. The researchers analyzed data from 2,953 US counties to support their findings.
A University of Minnesota study found that chance consistently pushes wealth into the hands of a few individuals, leading to dramatic concentration of wealth over time. The researchers' model, published in PLOS ONE, suggests that high variation among individual return rates accelerates wealth concentration.
A new theory by Adrian Bejan, known as the constructal law, predicts the prevalence of S-curves in various fields, including biology, chemistry, and economics. The S-curve pattern is a natural design for flow systems to facilitate access, reducing friction or resistance.
A Yale University study found that microloans in the Philippines led to fewer businesses and lower self-reported well-being among recipients, contrary to initial expectations. However, the practice did provide a buffer against income fluctuations and increased access to informal credit.
The UNEP report highlights the need to decouple economic growth from resource consumption to achieve a sustainable future. Experts warn that current trends could lead to unprecedented levels of resource consumption by 2050, posing an existential risk to the planet.
New research reveals no link between economic growth and child undernutrition rates in India, highlighting the need for targeted health interventions. Experts emphasize that poor health is linked to inequality, requiring inclusive growth strategies to address social determinants of health.
Despite economic growth, childhood undernutrition rates in India have remained relatively stable, with stunting prevalence decreasing and wasting rates showing minimal change. Direct investments in health interventions are necessary to address this issue, according to a new study published in PLOS Medicine.
A recent outbreak of tuberculosis in Nunavut, with a population infection rate 62 times the Canadian average, underscores the need for rebuilding trust in public health. The territory's historical legacy of mistreating patients and lack of consistent screening measures have hindered control efforts.
India faces significant challenges in its public health-care system, including infectious diseases, maternal and child mortality, chronic diseases, and inequities. Experts call for a universal health-care system to be established by 2020, with a focus on improving infrastructure, human resources, and access to care.
A new study revisits the 'Easterlin Paradox', finding that long-term happiness does not increase with income growth, despite short-term correlations. The research, led by Richard Easterlin, examines 37 countries and concludes that economic growth is not a key driver of happiness.
A decade-long decline in the nation's energy supply quality may be the root cause of the current economic recession. The Energy Intensity Ratio (EIR) measures how much profit consumers get from their energy, and its decline is correlated with economic downturns.
A scientific study argues that sustainable economic degrowth is both desirable and unavoidable to mitigate climate change and the economic crisis. The study presents diverse proposals for social equity and ecological sustainability, challenging conventional economic thinking.
A new study from North Carolina State University suggests that health care spending can contribute to economic growth by investing in future capital and improving productivity. The researchers found that government projections of health care costs were unduly pessimistic, leading to errors of up to 35%.
The International Diabetes Federation is urging governments to focus on preventing and treating non-communicable diseases, including diabetes. Professor Silink emphasizes the need for action to address the growing economic burden of NCDs on healthcare systems and society.
A recent MIT economic analysis reveals that a 1 degree Celsius rise in temperature reduces economic growth by an average of 1.1 percentage points in poor countries, but has no measurable effect in rich countries. Higher temperatures also reduce investment and innovation in poor nations.
A global recession could lead to increased malnutrition in developing countries, with prices of basic staples rising by 13-27 percent by 2020. IFPRI projects 16 million more undernourished children if economic growth and agricultural investment decline.
The UK economy is expected to contract in the second half of 2008, with a forecasted GDP decline of 0.9% in 2009 and consumer spending declining by 3.4%. The financial sector crisis will spread to the wider economy through credit rationing, caution among firms and consumers, and reduced equity prices.
Most presidential election forecasts predict Senator Barack Obama's victory in the 2008 popular vote, with an average of 52% predicted. The forecasts, developed by nine different models, use various statistical and historical data to make their predictions.
Researchers found that entrepreneurial outcomes and employment growth in US service industries respond differently to changes in state economic freedom. Some industries exhibit firm and employment growth as economic freedom rises, while others grow as it declines.
A University of Missouri researcher found that uniform and strict auditor enforcement is crucial for improving the quality of accounting, which in turn affects the global economy. The study suggests that countries with stronger investor protection and rigorous auditing have better financial reporting.
The Enterprise Initiative will analyze the role of enterprise in simulating economic growth, inequality, and poverty reduction using high-quality models based on massive survey data from Thailand and other emerging economies. The project aims to provide policy solutions and shed light on circumstances that lead to entrepreneurial growth.
Scientists analyze lessons from cod collapse to advocate sustainable tuna management, including MSC certification and public awareness. Innovative research using data-logging tags can help protect bluefin tuna populations.
Professor Paul J.J. Welfens has received the economics prize from the Russian Academy of Sciences for his work on macro-economic theory and policy. He specializes in these areas at Wuppertal University's Department of Economics.
The Russian economy is experiencing rapid growth driven by a thriving middle class, but this has led to widening income disparities and growing poverty. Forecasting growth or recession beyond 2011 is hazardous, as the country faces challenges in increasing energy production and exports.