Showing 1 - 10 of 5,191
Purpose: Remittance is essential to economic wellbeing, Realising this fact, this study examined, within the optimist theoretical framework, whether international remittances significantly impact per capita economic growth in Nigeria. Design/methodology/approach: Employing annual time series...
Persistent link: https://www.econbiz.de/10014281277
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
The determination of the equilibrium real exchange rate is one of the most important issues in open economy since the policymakers are concerned about predicting and monitoring misalignments and they are usually associated with current account problems and currency crises. To the best of my...
Persistent link: https://www.econbiz.de/10013252580
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
investment, and foreign remittances in South Asian countries. To estimate the same the Panel cointegration and Panel Dynamic … Ordinary Least Squares (DOLS) have been used. The panel cointegration results show that the variables used in the model are …
Persistent link: https://www.econbiz.de/10013306217
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
For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … allows us to analyze the short- and long-run impacts of internationalization activities. For the long-run cointegration …
Persistent link: https://www.econbiz.de/10011535894
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