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The study finds the impact of foreign direct investment on human capital in Pakistan. It uses foreign direct investment, economic growth rate and government expenditure on education as independent variables and human capital index as dependent variable. ADF, PP, Ng-Perron and Zivot-Andrews unit...
Persistent link: https://www.econbiz.de/10010883820
Johansen methodology is applied to estimate different VAR-based cointegration tests. The presence of a structural break due to … the subprime crisis is discussed as well. Two main results are reached: First, the cointegration test indicates the …
Persistent link: https://www.econbiz.de/10010927760
co-integration technique with a structural break developed by Carrion-i-Silvestre and Sanso (2006) to estimate the …
Persistent link: https://www.econbiz.de/10011278637
examine the benefit of the KDSFF from the MSC certification. The benefit is examined by a cointegration and structural break …
Persistent link: https://www.econbiz.de/10011259448
-2006. Using Gregory and Hansen (1996) residuals based tests for cointegration in model with regime shifts, we try to detect …
Persistent link: https://www.econbiz.de/10005243231
The aim of this paper is to estimate long run relationships and threshold effects between inflation and economic growth in Mexico. We show the existence of such relationship in a cointegrated vector on Economic Growth (log of real GDP) and Inflation rate finding a corresponding elasticity...
Persistent link: https://www.econbiz.de/10008691743
Previous research studies have suggested that rising optimism caused by booming stock prices has a significant negative impact on savings decisions. However, identifying this relationship clarifies only one side of the problem. It is also necessary to look at whether savings decisions can affect...
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