Showing 1 - 10 of 1,288
This study runs a cointegration analysis on annual data from 1980 to 2007 to investigate the relationship between …, Stock-Watson dynamic ordinary least squares (DOLS), the bounds testing approach to cointegration and error correction … modelling. The empirical results suggest that there is a stable long run linear cointegration relationship between these three …
Persistent link: https://www.econbiz.de/10011259952
in techniques. We find that the results of the cointegration tests could be affected by the structural break(s) in the … an ultimate conclusion on the cointegration and causal direction between energy and output. When alternative frameworks …
Persistent link: https://www.econbiz.de/10009647268
cointegration approach, the VECM Granger causality test, Generalized impulse responses functions and variance decomposition in Iran …
Persistent link: https://www.econbiz.de/10012992709
. Stationarity tests reveal that both series are non-stationary, or I(1). Moreover, we found a cointegration relationship between the …
Persistent link: https://www.econbiz.de/10008833269
interrelationships between the variables using the bounds testing to cointegration procedure. The bounds test results indicate that there …
Persistent link: https://www.econbiz.de/10008871162
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
Tests results for causality between energy consumption and economic growth do not have a consensus in the financial economics literature. Empirical evidence varies on the economies examined and methodology employed. This paper proposes a wavelet analysis as a semi- parametric model for detecting...
Persistent link: https://www.econbiz.de/10005837189
This paper uses panel data from 88 countries to examine the relationship between per capita GDP and per capita energy consumption. The results show that per capita GDP and per capita energy consumption are cointegrated. Also, there is a two-way short-run, long-run and strong causality between...
Persistent link: https://www.econbiz.de/10008527379
implements Auto Regressive Distributed Lag (ARDL) approach to cointegration to examine the existence of a long-run relationship …
Persistent link: https://www.econbiz.de/10008805450
This paper investigates the effect of energy consumption on countries’ economic efficiency. By using a sample of 18 EU countries for three census years (1980, 1990 and 2000) the paper employs conditional and unconditional robust nonparametric frontiers in order to establish such a...
Persistent link: https://www.econbiz.de/10008835351