Showing 1 - 10 of 3,175
The rapidly growing literature on the relationship between energy consumption and economic growth has not univocally … activity. After discussing appropriate pairs of variables, we investigate Granger causality between energy consumption and GDP … Pesaran et al. (2001), we find evidence for long-run Granger causality for the commercial sector, in case energy is the …
Persistent link: https://www.econbiz.de/10010286742
The rapidly growing literature on the relationship between energy consumption and economic growth has not univocally … model. -- energy ; growth ; multivariate ARDL ; cointegration ; granger causality … activity. After discussing appropriate pairs of variables, we investigate Granger causality between energy consumption and GDP …
Persistent link: https://www.econbiz.de/10009012176
Persistent link: https://www.econbiz.de/10011455891
This paper estimates the distribution-led regime of the US economy for the period 1947-2019. We use a time varying parameter model, which allows for changes in the regime over time. To the best of our knowledge this is the first paper that has attempted to do this. This innovation is important,...
Persistent link: https://www.econbiz.de/10012814160
This article investigates the causal links between health and employment status. To disentangle correlation from causality effects, the authors leverage a French panel survey to estimate a bivariate dynamic probit model that can account for the persistence effect, initial conditions, and...
Persistent link: https://www.econbiz.de/10011982850
We provide evidence on the least biased ways to identify causal effects in situations where there are multiple outcomes that all depend on the same endogenous regressor and a reasonable but potentially contaminated instrumental variable that is available. Simulations provide suggestive evidence...
Persistent link: https://www.econbiz.de/10012503996
existence of unidirectional, bidirectional or no causal relationship between energy consumption and economic growth of different … between energy consumption and economic growth in order to maintain sustainable economic growth in MENA region …This paper examines the causal relationship between energy consumption and real GDP of the fourteen MENA Countries over …
Persistent link: https://www.econbiz.de/10013305977
In the present study, we propose a simple test approach based on the work of Breitung and Candelon (2006), which allows us to test for asymmetric predictability at a pre-specified frequency. The test approach can also be used to test for causality in cointegrated systems, as illustrated by...
Persistent link: https://www.econbiz.de/10014261668
Persistent link: https://www.econbiz.de/10010508727
general-to-specific vector autoregression framework to test for the Granger causality between discrimination and growth. A … reduces economic growth, and economic growth lowers discrimination. Also, we find that higher unemployment rates are …
Persistent link: https://www.econbiz.de/10011974394