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Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the … controlling inflation in Pakistan. The present study fills the gap in the literature by analyzing the nexus of monetary policy …, inflation and growth in Pakistan. The results indicate that credit to private sector, the variable of financial depth, real …
Persistent link: https://www.econbiz.de/10011938320
expansion of tourism. Cointegration techniques and the multivariate Granger causality test are applied. Results reveal that …
Persistent link: https://www.econbiz.de/10010312651
techniques for panel unit root testing and heterogeneous panel cointegration analysis are employed. The empirical results provide …
Persistent link: https://www.econbiz.de/10010321479
This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...
Persistent link: https://www.econbiz.de/10010325080
This study investigates the causal links among agricultural imports, agriculture productivity, and economic growth in 40 sub-Saharan African countries over the period 1990-2015. Granger causality tests are applied to infer direction of causality, and the generalized two-stage least squares...
Persistent link: https://www.econbiz.de/10013470694
The main purpose of this paper is to analyze the causal relationships between defence spending and economic growth using the Toda-Yamamoto approach to Granger causality test in the case of selected NATO countries for the period of 1949-2006. NATO countries spend biggest proportion of defence...
Persistent link: https://www.econbiz.de/10010500182
We analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heterogeneous panel data we find bi-directional causality between the FDI-to-GDP ratio and the level of GDP. FDI has a...
Persistent link: https://www.econbiz.de/10010284580
analyze the impact of terrorism in Pakistan on the inflows of foreign direct investment (FDI), portfolio investments, and … terrorism in the context of a South Asian country. Using monthly data for the period from January 2003 to December 2014, we … definitions and indicators of terrorism as well as the inclusion of various macroeconomic variables. These findings indicate that …
Persistent link: https://www.econbiz.de/10012142455
This paper studies the dynamics of violence in the Palestinian-Israeli conflict since the outbreak of the Second (or Al-Aqsa) Intifada in September 2000, during which more than 3,300 Palestinians and more than 1,000 Israelis have been killed. The conflict has followed an uneven pattern, with...
Persistent link: https://www.econbiz.de/10010276241
This paper investigates the relationship between human capital and economic growth in Pakistan with time series data … attained in Pakistan. High returns to health spending compare very favourably with industrial investment. Human capital is …
Persistent link: https://www.econbiz.de/10010322752