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nonparametric two-stage least squares (or 2SLS) estimation method. To further improve estimation accuracy, we also construct a …
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This study examined the composition effect of government expenditure on private consumption and output growth in Nigeria using the framework of single equation error correction mechanism. The unit root and cointegration tests were conducted on the variables of interest while single equations...
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Objective - The objective of this study is to test direction of causality between components of public expenditure and economic growth in India.Methodology/Technique - The paper uses annual data for the period 1980-2015. To measure public expenditure, plan expenditure and non-plan expenditure...
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literature. In contrast, studies on relative location tend to be weakly linked to theory, but apply relatively sophisticated … appropriateness of such models, and identify areas of potential concern. The rather weak linkage between theory and operational models …
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