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The Validity of Okun’s Law in Nigeria: A Difference Model Approach
BABALOLA, Sikiru Jimoh; SAKA, Jimoh Olakunle; ADENUGA, … - In: Asian Economic and Financial Review 3 (2013) 12, pp. 1598-1608
contrary to unemployment–output relationship even though  unemployment rate determines the real output growth in Nigeria  but … drastic reduction of unemployment which is a pointer to increasing aggregate demand and output growth in Nigeria in the long …
Persistent link: https://www.econbiz.de/10010839206
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Capital Flight and Investment Dynamics in Nigeria: A Time Series Analysis (1970-2006)
Adesoye, A. Bolaji; Maku, Olukayode E.; Atanda, Akinwande A. - Volkswirtschaftliche Fakultät, … - 2012
This study critically examines the implications of capital flight on investment growth in Nigeria between 1970 and 2006 … investment level in Nigeria, revealed that there exist long-run interaction. Though, capital flight was found to exert positive … result of the structural instability in the long-run was captured by the Error Correction Mechanism (ECM) model which was …
Persistent link: https://www.econbiz.de/10009397182
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Macroeconomic fluctuations,regime switching(structural breaks) and impulse responses:Nigerian evidence
Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2011
understanding of the factors underlying the bulk of economic fluctuations in Nigeria. …
Persistent link: https://www.econbiz.de/10011114297
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Foreign Debt Management and the Development of Nigeria Economy
AJAO, Mayowa Gabriel; OGIEMUDIA, Aigbedo Omorose - In: Review of Economics & Finance 3 (2013) February, pp. 99-109
Nigeria over the period of 1979?2009. Data analysis shows that access to external finances strongly influence the economic … development process of Nigeria and other nations. The ordinary least square multiple regression analytical method is use to … examine the relationship between external debt management and economic development, while error correction model (ECM) is use …
Persistent link: https://www.econbiz.de/10010927802
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Determinants of Selected Agricultural Export Crops in Nigeria: An Ecm Approach
Yusuf, Sina A.; Yusuf, W.A. - African Association of Agricultural Economists - AAAE - 2008
This study examines the factors that determine the export performance of three major agricultural exportable commodities of cocoa, rubber and palm-kernel in the context of liberalization. Using time series data covering thirty three years and to avoid spurious result, error correction model was...
Persistent link: https://www.econbiz.de/10005068406
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Cointegration Analysis on the Relation between Urbanization and Economic Growth in China
Liu, Ai-ying; Yao, Li-fen; Li, Qing-chen - In: Asian Agricultural Research 03 (2011) 03
This paper utilizes cointegration theory, error correcting model and Granger causality testing theory to make an empirical research on the relation between urbanization and GDP in China, and also implements a comparative analysis to the relation between three industries and degree of...
Persistent link: https://www.econbiz.de/10009365741
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The Tourism-led Growth Hypothesis: Empirical Evidence from Colombia
Brida, Juan Gabriel; Pereyra, Juan S.; Risso, Wiston Adrián - Volkswirtschaftliche Fakultät, … - 2008
The purpose of this study is to investigate the contribution of tourism to economic growth in Colombia. First, we perform an ex-post analysis and quantify the contribution of the tourism to economic growth from the early 90’s until 2006 by disaggregating growth of real GDP per capita into...
Persistent link: https://www.econbiz.de/10008646839
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Economic Growth, CO2 Emissions and Energy Consumption: The Turkish Case
Bozkurt, Cuma; Akan, Yusuf - In: International Journal of Energy Economics and Policy 4 (2014) 3, pp. 484-494
In recent years due to factors, such as increases in greenhouse and carbon dioxide (CO2) emissions, global warming and climate changes has become a major threat for all countries. So in order to prevent this increased environmental pollution and degradation CO2 emissions must be reduced. This...
Persistent link: https://www.econbiz.de/10010801087
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Energy consumption and GDP causality: A three-step analysis for emerging European countries
Caraiani, Chirața; Lungu, Camelia I.; Dascălu, Cornelia - In: Renewable and Sustainable Energy Reviews 44 (2015) C, pp. 198-210
The established European targets should play a leading role in the complex economic process of energy consumption, and the emerging countries have to consider their implications for adjusting the energy policies at national level. This paper develops investigations on the causality relationship...
Persistent link: https://www.econbiz.de/10011190261
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The impact of financial development and trade on the economic growth of Bolivia
Bojanic, Antonio N. - In: Journal of Applied Economics XV (2012) May, pp. 51-70
methodology of cointegration analysis. Second, causality tests utilizing standard Granger regressions and ECM models are carried …
Persistent link: https://www.econbiz.de/10010548584