Showing 1 - 10 of 20
This paper explores the relationship between exports, financial development and economic growth in case of Pakistan. In doing so, the autoregressive distributed lag (ARDL) bounds testing approach to cointegration and error correction model are applied to test the long run and short run...
Persistent link: https://www.econbiz.de/10011107543
This study investigates the relationship between financial development, economic growth and poverty reduction in Bangladesh using quarter frequency data over the period of 1975-2011. This issue is of importance for developing economics, since the role of financial sector in mobilizing and...
Persistent link: https://www.econbiz.de/10011107669
We study the relationship between financial development, technological development and economic growth in Romania. We construct aggregate indices of financial development and technological development using principal component analysis. The ARDL bounds testing approach shows the presence of...
Persistent link: https://www.econbiz.de/10011107902
This paper explores how carbon taxation and economic growth affect environment hazards in Malaysia using time series data over the period of 1974-2010. We applied cointegration and causality approaches to determine long term and the direction of causal relationship between these variables. Based...
Persistent link: https://www.econbiz.de/10011108098
This study revisits the impact of financial development on economic growth in South Africa by incorporating trade openness in the production function. The paper covers the period of 1970-2011. We apply the Bayer-Hanck combined cointegration approach to examine the long run relationship between...
Persistent link: https://www.econbiz.de/10011109239
The present study deals with an empirical investigation between CO2 emissions, energy intensity, economic growth and globalization using annual data over the period of 1970-2010 for Turkish economy. We applied unit root test and cointegration approach in the presence of structural breaks. The...
Persistent link: https://www.econbiz.de/10011109494
This study investigates the impact of military expenditures on income inequality in Pakistan using data over the period of 1972-2012. In doing so, we have applied the ARDL bounds testing cointegration approach which confirmed the presence of long run relationship between military expenditures...
Persistent link: https://www.econbiz.de/10011109741
This paper explores the dynamic linkages between income inequality, international remittances and economic growth using time series data over the period of 1976-2006 in case of Pakistan. The cointegration analysis based on the bounds test confirms the existence of a long-run relationship between...
Persistent link: https://www.econbiz.de/10011110086
This study is an attempt to revisit the causal relationship between coal consumption and economic growth in case of Pakistan. The present study covers the period of 1974-2010. The direction of causality between the variable is investigated by applying the VECM Granger causality approach. Our...
Persistent link: https://www.econbiz.de/10011111258
This present study investigates the relationship between natural resource abundance and economic growth in Venezuelan economy. We have applied the ARDL bounds testing approach to cointegration developed by Pesaran et al. (2001) to examine long run relationship between the variables. The VECM...
Persistent link: https://www.econbiz.de/10011111643