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This study aims to explore the relationship between public debt and trade openness on economic growth in the context of the Indonesian economy. The symmetric model (Autoregressive Distributed Lag/ARDL) and the asymmetric model (Nonlinear ARDL) are employed to estimate the association among the...
Persistent link: https://www.econbiz.de/10014286722
Using data covering the period from 1983 to 2019, we apply the autoregressive distributed lag (ARDL) bound testing approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade openness increases economic growth, but this empirical...
Persistent link: https://www.econbiz.de/10013184444
The existing weight of evidence suggests that financial structure (the classification of a financial system as bank-based versus market-based) is irrelevant for economic growth. This contradicts the common belief that the institutional structure of a financial system matters. We re-examine this...
Persistent link: https://www.econbiz.de/10011471744
The aim of this study is to examine the impact of sectoral exports on economic growth in Turkey over the period 2000–2015. To this end, empirical models are estimated using panel data techniques in which quarterly data are gathered for eight sectors. Findings in the case of the pooled panel...
Persistent link: https://www.econbiz.de/10011853702
testing approach to cointegration and the error correction model ECM-based Granger-causality, the study found a bidirectional …
Persistent link: https://www.econbiz.de/10014480930
support the notion that the US, China, Germany, India, the UK, Brazil, and Italy exhibit weak sensitivity to governance …
Persistent link: https://www.econbiz.de/10013461353
This paper investigates the impact of long-run government expenditure and economic growth in different states in South Africa. Economic growth has been below the policy target of 5% stipulated in the National Development Plan Vision 2030, while government expenditure growth has been volatile but...
Persistent link: https://www.econbiz.de/10014500814
Persistent link: https://www.econbiz.de/10009155810
tourism expenditures, LTS and business travel and tourism expenditures, BTS) during the period 1988-2011 for India. For this … cointegration tests, VAR models with an error-correction term, impulse responses, variance decompositions and forecasts generated … relationships although this model failed to support the significance of causal links between total tourism expenditure and India …
Persistent link: https://www.econbiz.de/10009755530
Persistent link: https://www.econbiz.de/10011472288