It is investigated the cointegration and causality relationship of the biomass energy consumption and economic growth in the transition countries by the Panel ARDL method and Pedroni cointegration analysis. Analyzed countries are gathered under two group. For Group 1, Pedroni panel cointegration...

In this paper, the link between political instability, financial depth and economic growth is investigated in both theorical and emprical model, and the emprical section of paper focus on the relationship between political instability, financial depth and economic growth in emerging countries...

Oil and gold are the two strategic commodities which have received much attention. The prices of oil and gold, which are the world’s most traded commodities, are very volatile. This paper aims to analyze the impact of oil shock and gold price on the business cycles of some developed countries:...