Showing 1 - 10 of 27
on long term relationship, this investigation is carried out within the Granger causality and vector error correction … development and economic growth in Malaysia. The causality between economic growth and stock market was found to mutually causal …, that is the causality is bi-directional. This finding suggests that a strong stock market is a good channel to foster …
Persistent link: https://www.econbiz.de/10008492302
This paper examines the relationship between democracy and economic growth in 30 Sub-Saharan African countries. As our proxy for democracy we first use the democracy index constructed by Freedom House and then check the sensitivity of our findings using, as an alternative proxy for democracy,...
Persistent link: https://www.econbiz.de/10005064064
. The main findings show evidence of unidirectional causality, running from employment in manufacturing and services to FDI …
Persistent link: https://www.econbiz.de/10005064106
This paper finds that exchange rate variability does affect the causation between FDI and electronics exports using Malaysia’s top five electronics exports by SITC (Standard International Trade Classification) product groups. The Granger causation runs from FDI to exports of automatic...
Persistent link: https://www.econbiz.de/10005064108
recognised as one of the most open economies in the world, this study attempts to explore the causality relationships between … tourism, openness to merchandise and services trade. Firstly, the study shows bi-direction causality between international … visitor arrivals to Singapore and openness to merchandise trade. Secondly, there is a unidirectional causality from openness …
Persistent link: https://www.econbiz.de/10005064127
-variate and tri-variate VAR frameworks. The empirical findings for Singapore show evidence of bidirectional causality between … trade regime in services. For Malaysia, the evidence of causality is weaker and unidirectional, from inward FDI to services …
Persistent link: https://www.econbiz.de/10005064148
By extending Wong and Tang’s (2007) study, this study aims to further explore the causal relations between FDI (foreign direct investment), exports and imports. There is a unique long-run causal relationship running from exports as well as imports to FDI. A bidirectional causal...
Persistent link: https://www.econbiz.de/10005064159
satisfaction and different facets of job satisfaction. We find evidence of bidirectional causality between job satisfaction and …
Persistent link: https://www.econbiz.de/10011100040
This study aims to identify and examine the potential economic factors that determining the ‘net errors & omissions’ (EO) in balance of payment accounts. Two structural specifications are derived from the balance of payments (BoP) constraint, and open economy macro equilibrium...
Persistent link: https://www.econbiz.de/10011141099
This paper studies nonlinear cointegration models in which the structural coefficients may evolve smoothly over time …-consistency apply in nonparametric kernel estimation of time-varying coefficient cointegration models. The higher rate of convergence …
Persistent link: https://www.econbiz.de/10010860399