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to March 2009. We test the cointegration and causality between the two variables. The results of Engle-Granger, Johansen … and cointegration tests are ambiguous while the Breitung test infirmed the hypothesis of cointegration between exports and …
Persistent link: https://www.econbiz.de/10011260679
This paper explores the impact of the foreign direct investment on the Romanian exports. We employ cointegration …
Persistent link: https://www.econbiz.de/10009647288
Johansen cointegration procedure and the Granger causality test to identify the interactions between the two variables. We find … no cointegration but a unidirectional causality from exports to gross domestic product. We conclude the implementation of …
Persistent link: https://www.econbiz.de/10009647463
cointegration procedure while for the short-term relations we use the Granger causality procedure. We find that global crisis …
Persistent link: https://www.econbiz.de/10011113988
periods of communist regime. The continuation of this evolution could affect, in the future, the macroeconomic stability. In …. For this purpose we use the Engle-Granger cointegration test. We found the existence of a cointegration relationship …
Persistent link: https://www.econbiz.de/10005760988