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This study examines the relationship between crude oil prices, US dollar exchange rates and thirty selected international agricultural prices and five international fertilizer prices in a panel framework. The study uses panel VAR methods and Granger causality tests on panel data sets of...
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paper using an econometric analysis. Its aim is to examine the relationship between CO2 emissions, GDP per capita, urban … cointegration tests. We check the unit root tests and conclude that the analyzed time series are stationary at first difference …. Further, we estimate two models: Fully Modified and Dynamic Ordinary Least Squares and study causality and cointegration …
Persistent link: https://www.econbiz.de/10015047696
Although the link between oil prices and dollar exchange rates has been frequently analyzed, a clear distinction between prices and nominal exchange rate dynamics and a clarification of the issue of causality has not been provided. In addition, previous studies have mostly neglected...
Persistent link: https://www.econbiz.de/10009771139
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, unit root test, Johansen cointegration test and Granger causality test were employed to analyse the data. The results of …
Persistent link: https://www.econbiz.de/10011905776
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long run relationships going from real GDP towards heating oil and electricity consumption. The relationship between … heating oil and GDP is in fact bi-directional, although weaker from heating oil towards GDP. When investigating the period … 1970-2010 only, the estimate of the long run elasticity of GDP with respect to electricity loses its statistical …
Persistent link: https://www.econbiz.de/10013008604
We study the relationship between energy consumption and real GDP in the United States using a multivariate time … energy and real U.S. GDP is bi-directional through much of the 1990s (the feedback hypothesis) but uni-directional running … from real U.S. GDP to energy consumption in the 2000s (the conservation hypothesis). Similar pattern of changes was …
Persistent link: https://www.econbiz.de/10013023991
period of 1964–2011. To this end, the unit root test with one structural break and a cointegration analysis with multiple …
Persistent link: https://www.econbiz.de/10012995784