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We analyse the implications of public debt on economic growth and inflation in a group of 52 African economies between … average rates of real and per capita growth are achieved when public debt reaches 60% of the real GDP and an average inflation … reduced rates of economic growth and rising levels of inflation. Our results for three specific geographical areas resemble …
Persistent link: https://www.econbiz.de/10011113117
In this study, the analysis was that the capacity of creating inflation depends on oil prices as the one of energy … countries because it is acquired from the limited sources around the world. It causes inflation of importing countries to … exporting countries through oil prices. At the same time, the rises of oil prices causes inflation because it increases the …
Persistent link: https://www.econbiz.de/10011108309
Hoping to contribute to the existing pool of literature, this paper examines the relationship between military expenditure and economic growth in selected Asian countries for the period 1989 to 2004. Our panel unit root test suggests that real GDP per capita and military expenditures are )1(I...
Persistent link: https://www.econbiz.de/10005835661
Iranian government budget on military over the last decade has been higher than the average of the world. The current increasing international sanctions aim to reduce the military capabilities and capacities of the Iranian government. In this study, we analyze the response of the Iranian economy...
Persistent link: https://www.econbiz.de/10009402068
The main aim of this contribution is an analysis of the causal relationship between the total energy consumption in the Polish economy and GDP. In order to assure the correctness of computations a third variable – employment – was included in the dataset. Calculations performed for the...
Persistent link: https://www.econbiz.de/10011258970
The main goal of this contribution was to provide evidence on the dynamic interdependencies between economic growth and budget and trade deficits in ten new EU members in transition in the last decade. It is worth to note that beside establishing directions of causal relationships this paper...
Persistent link: https://www.econbiz.de/10011260691
The main goal of this paper is an analysis of the causal links between quarterly coal consumption in the Polish economy and GDP. For the sake of accurate computation an additional variable – employment – was also taken into account. Computations conducted for the period Q1 2000 to Q4 2009 by...
Persistent link: https://www.econbiz.de/10011260744
In this paper the results of linear and nonlinear causality examination performed for openness of Polish economy and its economic growth are presented. In order to extract the impact of world crisis on Polish economy we decided to apply two samples (containing quarterly data) – the full sample...
Persistent link: https://www.econbiz.de/10011261117
In this paper the results of testing the causal interdependence between technological progress and GDP in Poland are presented. The results obtained for quarterly data from the period Q1 2000 – Q4 2009 indicate causality running from technological progress to GDP in Poland. In addition,...
Persistent link: https://www.econbiz.de/10011261153
, low increase of housing prices because of low inflation and extension of banking system credit capacity. The study result … of demand according to the GDP increase and economic stability, there can be price inflation by means of probable supply … credits are effected from inflation before all else. Decrease of inflation is the reason of Granger (0.02975) regarding to …
Persistent link: https://www.econbiz.de/10011110718