Services sector in India contributes more than 60% of the overall gross domestic product (GDP) and more than 40% of …. The study finds a long-run equilibrium relationship among GDP, services exports, imports and real effective exchange rate …. The VECM and impulse response analysis suggest causality runs from services exports to GDP emphasising the services export …

of cointegration is sufficient to testify the existence of a long-run relationship among the variables of a particular …. In order to achieve the objective of the study, modern econometric methodologies such as unit root tests; cointegration …

disaggregating growth of real GDP per capita into economic growth generated by tourism and by other industries. Second, we analyze if … using the cointegration test by Johansen and the Granger Causality test. We find empirical evidence for one cointegrated … vector among real GDP per capita, Colombian tourism expenditures and real exchange rates, where the latter two variables are …

Fiji's total debt stands at 65% of GDP. Domestic debt constitutes 55% of GDP. The goal of this paper is to investigate … analysis, conducted within a cointegration and vector error-correction framework, suggests that, in the long-run, military …

-2010. Also SURADF and CADF testing was performed with the CDLM to test the stationary for these three variables. As a result of …

cointegration and causality between fossil fuel consumption and economic growth in the world over the period 1971 to 2008. The … estimation results indicate that fossil fuel consumption and GDP are cointegrated and there exists long-run unidirectional … causality from fossil fuel consumption to GDP. This paper also investigates the nexus between non-fossil energy consumption and …

This paper studied the cointegration and causality relations between China's energy consumption and economic growth. It … concludes that there is bi-directional causality, but no cointegration, between them; therefore, China may have underestimated …