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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
This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a … hypothesis, as documented in the literature. The paper urges policy-makers in Nigeria to implement policies which enhance the …
Persistent link: https://www.econbiz.de/10011114051
The recent earthquake in Japan and its impact on the Fukushima nuclear power plant is a tragic reminder of humanity’s ever growing dependence on energy for its socioeconomic development. Energy plays a central role in determining the effectiveness of economics. However, are the fundamental...
Persistent link: https://www.econbiz.de/10009228914
This paper investigates the possibility of conducting an unconventional monetary policy of Quantitative easing (QE) at high interest rates using the example and experience of Russia. The Central Bank of the Russian Federation has raised the key interest rate on six occasions during the 12 months...
Persistent link: https://www.econbiz.de/10011110135
Indonesia from the period of year 1970 – 2010 which can contribute to the welfare of the population. Cointegration approach will …
Persistent link: https://www.econbiz.de/10011258926
Causality after testing for cointegration using Johansen techniques. The empirical results obtained by the Johansen method …
Persistent link: https://www.econbiz.de/10011259193
This paper investigates causal links between economic growth, oil consumption and natural gas usage in Poland on the basis of quarterly data for the period Q1 2000 – Q4 2009. The application of the Toda–Yamamoto procedure, a nonlinear Granger causality test, bootstrap techniques and an...
Persistent link: https://www.econbiz.de/10011259721
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
Since the seminal work of Solow (1956), along with the accumulation of factors related to physical capital, human capital has become one of the main determinants of economic growth. In this perspective, education is on growth through several channels to know, for example, life expectancy, birth...
Persistent link: https://www.econbiz.de/10011262757
The paper investigates the impacts of different health indicators on Economic growth in Pakistan. The Cointegration and …
Persistent link: https://www.econbiz.de/10005025711