-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to … 1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long … identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest …

This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds … 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 …

This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by … showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president … Putin. Furthermore, regular models of growth are relevant to Russia and other transition countries over the last two decades …

Using recently developed panel unit root and panel cointegration tests and the Fully-Modified OLS (FMOLS) methodology …, this paper estimates the impact of remittances on the economic growth of selected upper and lower income Latin American … assessing the impact of remittances on growth in Latin American and the Caribbean. Panel unit root tests suggests that several …

). The results indicate that the adjustments in the labor market lagged GDP growth. Confining the analysis to the …

spending, economic growth, and investment is investigated for the period 1961–2014. Findings reported herein are not uniformed …

The relationship between foreign direct investment (FDI) inflows and economic growth in host countries is a heavily … debated issue. Although some studies have found evidence of the positive impact of FDI on economic growth, others have … revealed the opposite result. Studies that examined the causality between FDI and gross domestic product (GDP) also have found …

, vector autoregression, was used including causality analysis, and Gregory-Hansen cointegration, for estimating a long …-run relationship in sectoral growth. The empirical investigations revealed an existence of unidirectional causality toward agricultural … effect of Gregory-Hansen co-integration affirmed a long-run nexus in agricultural growth positively with industrial and …

Purpose - The purpose of this paper is to examine the effects of foreign direct investments and economic growth on … employment and female employment in Turkey with quarterly data for 2000:Q1-2013:Q4 terms. Design/ Methodology/Approach - The data … were obtained from Electronic Data Delivery System (EDDS) of the Central Bank of the Republic of Turkey (CBRT), Turkish …