Showing 1 - 10 of 2,331
The causality between the real estate and stock markets of China remains a mystery in the literature. This paper … conditional quantiles. The results of the quantile causality test suggest a significant causal relationship between these two …
Persistent link: https://www.econbiz.de/10011109714
This paper takes a time series analysis approach to evaluate the directions of causality between tourism flows, on the … causality. Clear-cut results emerge: generally, the causality runs from tourist flows to museum and monument attendance. The non …
Persistent link: https://www.econbiz.de/10008536845
. The study further establishes long- and short-run Granger causality running from GDP to electricity consumption for Benin … and short-run Granger causality running from GDP to electricity consumption for Togo. The results of the cointegration … test and the causality reflect better the Benin and Togo economies that are less dependent on electricity. The absence of …
Persistent link: https://www.econbiz.de/10008619175
In this paper I examine the Okun–Friedman hypothesis of the link between inflation and inflation uncertainty using historical international data on the monthly CPI. An indicator of inflation uncertainty at the two-years-ahead horizon is derived from a time-series model of inflation with...
Persistent link: https://www.econbiz.de/10008740576
This article tests the Black’s hypothesis in five crisis-affected Asian countries(India, Japan, Malaysia, South Korea, and Thailand). The hypothesis posits that economies face a positive relationship between output growth and output volatility. Using monthly data of the industrial production...
Persistent link: https://www.econbiz.de/10011260141
used. Ng-Perron unit root tests show that all variables are integrated of order 1. Toda-Yamamoto tests of Granger causality … show that there is no causality flowing from either direction between GDP and government expenditure. Autoregressive …
Persistent link: https://www.econbiz.de/10005260084
paper uncovers various causality relations in different industries which conform to economic theory and empirics. An impulse … across industries. The empirical results suggest that in the Singapore economy, there exist a bi-directional causality …
Persistent link: https://www.econbiz.de/10009359942
for cointegration and causality from both exports and imports to output and total factor productivity over the period 1960 … causality tests indicate positive effects of exports on both output and TFP, where imports influence output only. In addition …
Persistent link: https://www.econbiz.de/10008694153
Tests for causality and rationality in the coffee futures market were carried out using data from the New York Market …. Tests of causality indicated that futures prices strongly influence variations in spot price eight weeks or more to maturity …
Persistent link: https://www.econbiz.de/10005836401
tests of Granger causality. Data are for 1950-2004. We distinguish between three types of saving. These are household saving …, corporate saving and public saving. The results show that there is no causality between per capita GDP and per capita household … saving/per capita corporate saving in either direction. However, there is bi-directional causality between per capita …
Persistent link: https://www.econbiz.de/10005836816