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Devaluation has been traditionally promoted as an effective tool for increasing exports and improving the external … position of the devaluing country if a nominal devaluation results in expenditure switching. In this article, our aim is to … the recently developed bounds testing approach to cointegration and the autoregressive distributed lag model and find that …
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, imports, and research and development (R&D), for 5 Asian countries using panel unit root, panel cointegration with structural …
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-Correction Mechanism test for cointegration, Autoregressive Distributed Lag modelling, Granger causality and dynamic modelling via variance …
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This paper examines the causal relationship between electricity consumption, exports and gross domestic product (GDP) for a panel of Middle Eastern countries. We find that for the panel as a whole there are statistically significant feedback effects between these variables. A 1 per cent increase...
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