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1970 to 2009 using multivariate cointegration analysis. The empirical result from the investment equation shows that aid …
Persistent link: https://www.econbiz.de/10009325600
contribute to development. In the light of financial development between the period of 1980 and 2010, cointegration and Granger …
Persistent link: https://www.econbiz.de/10009151563
cointegration is applied. The empirical results suggest that Thirlwall’s law holds for Turkey. This study also suggests some policy …
Persistent link: https://www.econbiz.de/10011259089
both the Engle and Granger (1987) and Johansen (1991, 1995) cointegration reveal a long run relationship between the two …
Persistent link: https://www.econbiz.de/10011259358
This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It considers the effect of cross sectional correlations and...
Persistent link: https://www.econbiz.de/10005025719
for cointegration and causality from both exports and imports to output and total factor productivity over the period 1960 …
Persistent link: https://www.econbiz.de/10008694153
testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms …
Persistent link: https://www.econbiz.de/10005621209
using annual observations over the period 1961-2005. The analysis is based on the bound testing approach of cointegration …
Persistent link: https://www.econbiz.de/10005835821
The objective of this study is to evaluate the effect of public spending on economic growth in DR Congo. This is to highlight the non-linear effects of public expenditure on economic growth in the DRC. In view of the results of the econometric regression, there are non-linearities in the...
Persistent link: https://www.econbiz.de/10011112999
Causality after testing for cointegration using Johansen techniques. The empirical results obtained by the Johansen method …
Persistent link: https://www.econbiz.de/10011259193