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cointegration for the period 1972 to 1999. To estimate the long-run elasticities, we use three approaches: the autoregressive … technique. Our results indicate a long-run cointegration relationship among the variables when import volume is the dependent …
Persistent link: https://www.econbiz.de/10013105849
human capital and real exports, unidirectional Granger causality running from real income to human capital and neutrality …This article employs cointegration and error-correction modelling to test the causal relationship between real income …, exports and human capital stock using data for China over the period 1960 to 1999. We find that real exports, human capital …
Persistent link: https://www.econbiz.de/10004974497
This study is the first to explore temporal causality between democracy, emigration and real income in Fiji within a … multivariate cointegration model. We find three long run relationships between democracy, emigration and real income. In the long … Granger causality running from migration to real GDP and from democracy to real GDP, but neutrality between democracy and …
Persistent link: https://www.econbiz.de/10005445867
Persistent link: https://www.econbiz.de/10002074859
Persistent link: https://www.econbiz.de/10002840759
Persistent link: https://www.econbiz.de/10009531246
affecting economic growth. Further policy implications are that for the panel as a whole promoting exports, particularly non …-oil exports, is a means to promote economic growth and that expansion of exports can be realized without having adverse effects on …This paper examines the causal relationship between electricity consumption, exports and gross domestic product (GDP …
Persistent link: https://www.econbiz.de/10013105326
The aim of this article is to investigate whether there is a long-run relationship (cointegration) between exports and … imports for 22 least developed countries (LDCs). This is an important issue, for evidence of cointegration will ensure that … trade imbalances are sustainable. The article explores this issue using the bounds testing approach to cointegration. The …
Persistent link: https://www.econbiz.de/10013105396
This paper employs cointegration and error-correction modelling to test the causal relationship between real income …
Persistent link: https://www.econbiz.de/10009224142
Purpose – This paper aims to examine the export-led growth hypothesis for Fiji and Papua New Guinea (PNG). Design …/methodology/approach – The paper investigates the export-led growth hypothesis for Fiji and PNG who have been facing dismal economic growth …-led growth in the long-run, while for PNG there is evidence of export-led growth in the short-run. Originality/value – The …
Persistent link: https://www.econbiz.de/10005047623