The objective of this study is to investigate the causality between electricity consumption and economic growth for a … bivariate framework. To examine this linkage, we applied panel cointegration methods and panel causality test. Our results show … that 16.66% of MENA countries supported the growth hypothesis, 25% the conservation hypothesis, 33.33% the feedback …

and growth in Pakistan. Furthermore, the results of causality test and variance decomposition analysis suggest a … unidirectional causality running from natural gas consumption to economic growth. Gas being the primary source of energy in Pakistan …This paper examines the relationship between natural gas consumption and economic growth in Pakistan using a …

-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to … 1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long … identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest …

The New Information Age & the Stock Market Growth Puzzle Mr. Manoj Subhash Kamat* Mrs. Manasvi Manoj Kamat** Abstract … We investigate the nexus between developments in financial intermediation with the growth in capital market activity and … emerges from Granger-causality test based on vector error correction model (VECM) further reveals that in the long run, stock …

and short-run Granger causality running from GDP to electricity consumption for Togo. The results of the cointegration … ARDL bounds testing approach of cointegration. Long-run equilibrium has been established among these variables for Benin …. The study further establishes long- and short-run Granger causality running from GDP to electricity consumption for Benin …

This paper takes into account the recent role of social protection on economic growth as a socio … results in economic growth and accesses to basic social services. These may affects the social protection contributes to the … output which enhances GDP per capita growth by 0.5% with 3.1% towards convergence equilibrium in the long run. Moreover …

additional determinant of economic growth using the framework of Mankiw (1992). The results confirm cointegration among the …The study investigates effect of trade openness on economic growth in the long run. We apply the ARDL bounds testing … series. In long run, trade openness promotes economic growth. The growth-led-trade hypothesis is vindicated by VECM Granger …

employed cointegration and Granger-causality tests on stochastic systems composed of exports, imports and GDP. In order to have …, export-led-growth hypothesis is verified. Bi-directional causality found for exports and output in the case of Czech Republic …This paper tests the relationship between trade and economic growth for the case of Romania, during 1998-2004. We …

(Granger-causality tests and cointegration) was used to evaluate the existence and direction of the relationship. The results …The aim of this paper is to shed light on the relationship between education and growth in Morocco. Econometric tools … show a significant short-term causality between education (proxied by enrollment rates in all three levels: primary …

perform to have more consistent results. In this paper, the cointegration and causal relationships have re-examined between … public expenditure and economic growth by using disaggregated annual data over the period of 1968-2004 for Turkish economy … is a strong and bidirectional causal relationship between public investment expenditures and economic growth. …