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under the framework of Granger causality and panel cointegration for Pakistan over the period 1981-2008. The result supports … th e evidence of panel cointegration between FDI and output. FDI has a positive effect on output in the long run. The … result also supports the evidence of long-run causality running from GDP to FDI, while in the short run, the evidence of two …
Persistent link: https://www.econbiz.de/10009393985
The paper aims to enhance the existing literature on the debt-growth nexus by analysing the relationship in two separate country groups using the extreme bounds analysis for sensitivity tests and the mixed, fixed, and random coefficient approach that allows for heterogeneity in the causal...
Persistent link: https://www.econbiz.de/10008691809
This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical analysis we use data from 23 major countries with...
Persistent link: https://www.econbiz.de/10008725987
using VAR, Granger causality, variance decomposition (VD) and impulse response function (IRF) are examined. Mixture of …
Persistent link: https://www.econbiz.de/10008543098
the Granger causality test, it is found that the price in one region either causes or affects prices in another region …. The cointegration test suggest that regional markets are integrated. Long-run relationships are also shown to be …
Persistent link: https://www.econbiz.de/10010945208
Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. The analysis uses survey data collected from over 13,000 Vietnamese firms...
Persistent link: https://www.econbiz.de/10010945209
Deforestation in developing and middle income countries is an urgent global problem, affecting climate change, soil erosion, major river basins, and livelihoods of poor households living near the forests. Public discussions of the problem are frequently dominated by widely held beliefs...
Persistent link: https://www.econbiz.de/10010945341
There is perhaps only one broad certainty in the contemporary debate on climate change: not only does climate change affect different nations and communities differently, but the responses of individual stakeholders and institutions are also quite different, primarily because of their different...
Persistent link: https://www.econbiz.de/10010945362
Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem are addressed. Five key areas that an entrepreneur would need to address on a priority basis are...
Persistent link: https://www.econbiz.de/10010945387
A longitudinal household survey from World Bank Living Standards Measurement Survey (LSMS) was used for the study. A relatively small (but representative) sample of households residing in the mountainous regions of Nepal (i.e., excluding the low-lying Terai regions) were surveyed in three...
Persistent link: https://www.econbiz.de/10010945390