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(ARDL) models. The study also utilised the bounds F-test for cointegration, the Brock-Dechert-Scheinkman (BDS) nonlinearity … cointegration. The BDS test results indicate that the series are nonlinear, while Wald test results revealed an asymmetric …
Persistent link: https://www.econbiz.de/10014372948
The main divisions of the theoretical economic growth literature that we study today include exogenous and endogenous growth models that have transitioned through a number of notions and criticisms. Proponents of exogenous growth models argue that technological progress is the key determinant of...
Persistent link: https://www.econbiz.de/10013204580
The main divisions of the theoretical economic growth literature that we study today include exogenous and endogenous growth models that have transitioned through a number of notions and criticisms. Proponents of exogenous growth models argue that technological progress is the key determinant of...
Persistent link: https://www.econbiz.de/10011960123
This paper examines the relationship between financial sector reforms and sustainable economic growth in Ghana. Employing the autoregressive distributed lag (ARDL) bounds testing approach and using GDP per capita as a growth indicator, this paper establishes a long-run relationship between...
Persistent link: https://www.econbiz.de/10011306016
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paper tests for both panel unit roots and cointegration before employing the panel vector error-correction model (VECM …
Persistent link: https://www.econbiz.de/10012149196