-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 …

-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 …

This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds … testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms … of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among …

This study employs the Granger causality test within a multivariate cointegration and error-correction framework to … causality running from relative price to health care spending, while relative price and income are bidirectional Granger … causality in Malaysia. In the long-run health care spending and income are bi-directional Granger causality, while there is uni …

This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds … testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms … of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among …

multivariate cointegration techniques to develop a vector error correction model useful for investigating the long-run effects of … external debt service on GNP level. Moreover, the information on cointegration (Johansen ,1988 and Johansen &Juselius ,1990) in … variables are taken into consideration in specifying the correct model. We apply our methodology to Turkey and show how external …

This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds … testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms … of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among …

This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by … showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president … Putin. Furthermore, regular models of growth are relevant to Russia and other transition countries over the last two decades …

This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by … showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president … Putin. Furthermore, regular models of growth are relevant to Russia and other transition countries over the last two decades …

manufacturing. In both sectors there is evidence of Granger causality between GDP and total exports, imports. In particular … sensitive to model specification. As regards manufacturing, there seems to be two-way causality between manufacturing GDP and …