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testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms … of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among …
Persistent link: https://www.econbiz.de/10011523113
revealed the opposite result. Studies that examined the causality between FDI and gross domestic product (GDP) also have found … evidence of unidirectional causality and, in some cases, a bidirectional causality. This study investigated the causal nexus … stationarity, augmented autoregressive distributed lag (augmented ARDL) bounds testing approach to check cointegration, and Granger …
Persistent link: https://www.econbiz.de/10012268580
Persistent link: https://www.econbiz.de/10014252328
exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation …
Persistent link: https://www.econbiz.de/10010265043
of Breitung and Candelon's frequency domain Granger-causality test, which allowed us to identify the changes in the …
Persistent link: https://www.econbiz.de/10012021661
1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long …-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to … identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest …
Persistent link: https://www.econbiz.de/10011523134
of this study is to investigate the direction of this relationship. Methods: Johansen test of Co-integration and Granger … Causality is employed by using time series data of Pakistan from 1961 to 2013. Results: The results show that two major … activities of banking sector that are saving and lending don’t have any long run or short run causality towards economic growth …
Persistent link: https://www.econbiz.de/10011542400
1961-2010. These relationships are examined using the Johansen frameworks for co-integration whereas the Vector Error …
Persistent link: https://www.econbiz.de/10010222956
by means of threshold cointegration and asymmetric error correction modeling. The study provides evidence for non …-linear cointegration between our variables of interest. The estimated asymmetric error correction models provide new evidence for slower …
Persistent link: https://www.econbiz.de/10011449671
Persistent link: https://www.econbiz.de/10011716068