growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which … have mainly utilised panel-estimation methods, the tests of causal chains here are carried out in time-series settings …. Saving and GDP are estimated in bivariate vector autoregressive or vector error-correction models for Sweden, UK, and USA …

The rapidly growing literature on the relationship between energy consumption and economic growth has not univocally … identified the real causal relationship yet. We argue that bivariate models, which analyze the causality at the level of the … activity. After discussing appropriate pairs of variables, we investigate Granger causality between energy consumption and GDP …

expansion of tourism. Cointegration techniques and the multivariate Granger causality test are applied. Results reveal that … as a potential source of economic growth of the country. However, the understanding of the relationship between exports … and economic growth is still ongoing. When treating the relationship between tourism and economic growth, considering …

This study analyzed the hypothesis that export instability affects the economic growth for SAARC region countries … additional variables. The Augmented Dickey Fuller (ADF) and Johansson Cointegration tests are used to test stationarity for all … variables and cointegration respectively. The results of these tests demonstrate that all variables are non-stationary at levels …

import functions or exportled growth. Focusing on the US relations with Euroland and Canada, cointegration analyses however …

and Singapore, while Hong Kong and Thailand achieve more equalized outcomes. There is no evidence that smaller classes …

and Singapore, while Hong Kong and Thailand achieve more equalized outcomes. There is no evidence that smaller classes …

This paper examines the impact of foreign aid on economic growth in Sierra Leone, a country where an empirical … approach and the Johansen maximum likelihood approach to cointegration for the period 1970-2007, we find that foreign aid has a … significant contribution in promoting economic growth in the country. This finding is found to be robust across approaches and …

to Granger causality tests within a panel cointegration framework. It turns out that the growth effects of FDI vary … higher economic growth. We assess the growth implications of FDI in India by subjecting industry-specific FDI and output data … services sector, which attracted the bulk of FDI in the post-reform era. These differences in the FDI-growth relationship …

As a function of strike and time to maturity the implied volatility estimation is a challenging task in financial … econometrics. Dynamic Semiparametric Factor Models (DSFM) are a model class that allows for the estimation of the implied … to cointegration. …