Determinants of Mongolian Economic Growth

dc.contributor.authorBayaraa, Batchimeg
dc.date.accessioned2021-06-28T11:14:30Z
dc.date.available2021-06-28T11:14:30Z
dc.date.issued2018-05-02
dc.description.abstractMongolia is the second largest landlocked country, which has unique economic condition. This paper aims to examine Mongolian economic growth from 2000 until 2016 and identify its determinants. The growth was studied based on the growth rate of National Domestic Product. Initially, 20 macroeconomic variables are chosen and tested for the economic growth determinators such as; unemployment rate, human capital index, import growth, inflation rate, export growth, and interest rate, etc. The results showed that the growth rate of dollar exchange, inflation rate, and the growth rate of export were the main factors (81.4%). Mongolian GDP per capita and poverty rate were compared with other Asian lower-middle-economies, which are classified in the same classification as Mongolia. An increment of average salary was adjusted by the inflation rate, which showed the purchasing power declined in 2015. Statistics of Central Bank of Mongolia, Central Intelligence Agency, World Bank’s statistics, and the statistics from National Statistics Office of Mongolia are used for the research. JEL Classification: H0, H30, H6, H70en
dc.formatapplication/pdf
dc.identifier.citationApplied Studies in Agribusiness and Commerce, Vol. 12 No. 1-2 (2018) , 61-66
dc.identifier.doihttps://doi.org/10.19041/APSTRACT/2018/1-2/9
dc.identifier.eissn1789-7874
dc.identifier.issn1789-221X
dc.identifier.issue1-2
dc.identifier.jatitleAPSTRACT
dc.identifier.jtitleApplied Studies in Agribusiness and Commerce
dc.identifier.urihttps://hdl.handle.net/2437/317549en
dc.identifier.volume12
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/apstract/article/view/5165
dc.rights.accessOpen Access
dc.subjectNdpen
dc.subjectNational Domestic Producten
dc.subjectEconomic Growthen
dc.subjectExport Growth Rateen
dc.subjectInflation Rateen
dc.subjectDollar Exchange Growth Rateen
dc.titleDeterminants of Mongolian Economic Growthen
dc.typefolyóiratcikkhu
dc.typearticleen
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