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The objective of this paper is to estimate the Okun’s coefficient, and to check the validity of Okun’s law in some Asian countries, whether it is valid or not, for this purpose we have used the time series annual data during the period 1980-2006. Engle Granger (1987) co integration technique...
Persistent link: https://www.econbiz.de/10014197385
theory.Panel cointegration approach was used to investigate the long- term effect of these variables. Results of panel … cointegration test show that variables of labor market institutions are not robustly correlated to macroeconomic outcomes in the …, are correlated to inequality, labor income share, consumption, investment, or growth in the long run. Estimation results …
Persistent link: https://www.econbiz.de/10012869443
, dessen Lohn höher ist als die Wertschöpfung, die er zu leisten vermag. Arbeitslosigkeit im Niedriglohnbereich ist die Folge. …
Persistent link: https://www.econbiz.de/10011691884
, dessen Lohn höher ist als die Wertschöpfung, die er zu leisten vermag. Arbeitslosigkeit im Niedriglohnbereich ist die Folge. …
Persistent link: https://www.econbiz.de/10005014210
This paper presents a theoretical growth model that accounts for technological interdependence among regions in a Mankiw-Romer-Weil world. The reasoning behind the theoretical work is that technological ideas cannot be fully appropriated by investors and these ideas may diffuse and increase the...
Persistent link: https://www.econbiz.de/10012965575
Persistent link: https://www.econbiz.de/10013269787
-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector error …
Persistent link: https://www.econbiz.de/10003974670
-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector … Langfristbeziehung differenziert werden. In der Tat deutet Kointegration zwischen den gemeinsamen Faktoren der zugrundeliegenden …
Persistent link: https://www.econbiz.de/10003975447
The purpose of this paper is to investigate the impact of government consumption expenditure as a share of GDP on economic growth in developing countries. The paper uses threshold panel model to examine nonlinear relationship between the government consumption expenditure share and economic...
Persistent link: https://www.econbiz.de/10011560783
, proposed by Hadri and Rao (2008). Through the Pedroni (1999, 2000, 2004) cointegration test proves the existence of a long …
Persistent link: https://www.econbiz.de/10013098990