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The temporal interdependence between saving and output has been in focus in a number of recent empirical studies. Results from these studies have compelled some authors to question the traditional notion of a causal chain where saving leads growth through capital accumulation. This paper...
Persistent link: https://www.econbiz.de/10011587110
This study investigates the relationship between the real exchange rate (RER) and economic growth in China applying a cointegrated VAR (CVAR) model. However, in contrast to the assumptions of trade partners, this paper finds that the Chinese economy has not benefited from the lower exchange rate...
Persistent link: https://www.econbiz.de/10013025213
This study examined the impact of monetary policy on economic growth in Nigeria. The secondary data used include the Money supply, economic growth, Credit to the private sector, Interest rate and Exchange rate. The Vector Error Correction model (VECM) was adopted as the estimation technique of...
Persistent link: https://www.econbiz.de/10014078028
The identification of the effects of climate shocks on economic growth is central to design effective policies aiming at managing the future global climate change challenge. In this study, we investigate the effects of temperature and precipitation shocks on economic growth across different...
Persistent link: https://www.econbiz.de/10014264956
direct investment) on economic growth in Cameroon. Using the autoregressive distributive lag approach to cointegration and …
Persistent link: https://www.econbiz.de/10010200368
consist of current and capital expenditures. To address this question, we employ the VAR model, the Johansen Cointegration …
Persistent link: https://www.econbiz.de/10012817769
cointegration to estimate the long-run relationship between G7 stock prices and macroeconomic variables over the last 40 years. We …
Persistent link: https://www.econbiz.de/10013179569
Mexican economic historiography recognizes the key role that public investment played in the country's economic performance from the post-revolutionary period until the beginning of the economic liberalization that began in the mid-1980s. However, there is no concrete empirical evidence that...
Persistent link: https://www.econbiz.de/10011990903
This research paper is focused on an important topic in the economic literature, more precisely how the insurance sector impacts the overall economic growth. The objective of the study is to identify, analyse and evaluate the effects of the insurance sector on economic growth for three...
Persistent link: https://www.econbiz.de/10011964980
2020 using the ARDL cointegration method. The results reveal that FDI, the interactive variable of FDI and trade openness …
Persistent link: https://www.econbiz.de/10014500822