Showing 1 - 10 of 1,165
The present study focuses on the cointegration between Export and Gross Domestic Product and its components at current …
Persistent link: https://www.econbiz.de/10005034977
returns and exchange rate are integrated of order one. The Engle–Granger Cointegration test is then performed, suggesting that …
Persistent link: https://www.econbiz.de/10005020500
This paper examines if uncovered interest rate parity condition holds for Turkey. In this paper, an empirical analysis is provided for the dates between December 2001 and June 2007 by using monthly data for Turkey and the U.S. Main finding is that UIP does not hold for Turkey. In addition to...
Persistent link: https://www.econbiz.de/10005616555
-run for Turkey over the period 1980-2005. The bounds testing cointegration approach is employed to estimate the trade balance …
Persistent link: https://www.econbiz.de/10011107634
developing countries. Using bounds testing for cointegration, the results do not support a positive correlation between savings …
Persistent link: https://www.econbiz.de/10011107636
intake. The paper employs bounds testing cointegration procedure and augmented causality tests. The empirical results suggest … the existence of cointegration amongst the variables. Augmented Granger causality tests indicate the existence of a long …
Persistent link: https://www.econbiz.de/10011107890
This study examines both short-run and long-run causal relationship between stock market capitalization, trade openness and economic growth in Thailand. Quarterly data over the period from the first quarter of 1993 to the fourth quarter of 2013 are used in the analysis. The results from this...
Persistent link: https://www.econbiz.de/10011108181
(1990) and Johansen (1991) cointegration technique, this paper examines the long-run validity of the monetary exchange rate …
Persistent link: https://www.econbiz.de/10011108296
: variance bounds test, equity price bubbles test, and cointegration tests. The results from the variance bounds tests show that … West’s two-step test. There is no cointegration between stock prices and dividends from the results of both Engle …-Granger cointegration test and the bounds testing for cointegration. The divergence of stock prices from their fundamental value and no …
Persistent link: https://www.econbiz.de/10011108498
are used in the framework of ARDL approach to cointegration. The empirical results suggest that a 1% increase in the …
Persistent link: https://www.econbiz.de/10011109384