Showing 1 - 10 of 46
This paper explores the linkages between the different stock markets in the Greater China region. Cointegration tests …
Persistent link: https://www.econbiz.de/10009365377
The recent de-emphasizing of the role of money in both theoretical macroeconomics as well as in the practical conduct of monetary policy sits uneasily with the idea that inflation is a monetary phenomenon. Empirical evidence has, however, been accumulating, pointing to an important leading...
Persistent link: https://www.econbiz.de/10009365497
showed one-way or two-way causality, respectively. The estimation suggests that the causal relationship between trade and FDI …
Persistent link: https://www.econbiz.de/10011278096
Of the total final energy consumption in India, the industrial sector accounts for about 37 percent, of which the manufacturing sector consumes about 66 percent (2004-2005 figures) with chemicals and petrochemicals, iron and steel, pulp and paper and cement industries being the largest energy...
Persistent link: https://www.econbiz.de/10009365542
Recurrent large fiscal deficits and accumulating public debt frequently ring alarm bells around the world on the sustainability of U.S. federal fiscal policy. The present-value borrowing constraint, which states that, for the fiscal policy to be sustainable the current debt stock should match...
Persistent link: https://www.econbiz.de/10009363284
to 2005. Using an error-correction model and Granger causality test, it finds that the taxspend hypothesis is supported … Andhra Pradesh and Kerala, while the data for Tamil Nadu failed to show any causality. …
Persistent link: https://www.econbiz.de/10009363317
cointegration, which is more appropriate for estimating small sample studies. The data span for the study is from 1975 to 2006. The …-run and the short-run, having positive effects on economic growth in Ireland. The causality analysis also suggests that there … is a bi-directional Granger causality between GDP and FDI, and thus, we conclude that the FDI-led growth hypothesis is …
Persistent link: https://www.econbiz.de/10009363557
This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268110
This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268111
This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268112