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This note uses insights from cointegration analysis to reexamine two separate but related issues concerning the … by Caballero, 1994) that rely on cointegration to recover production function parameters. …
Persistent link: https://www.econbiz.de/10005196274
The main objective of this paper is to evaluate technologically (innovation or imitation) the role of human capital in Cameroon as far as economic growth is concerned. Higher education is designed to be the main technological aspect of human capital. Theoretically, the stock of knowledge...
Persistent link: https://www.econbiz.de/10005621943
investment and domestic investment was analysed using cointegration test. Thereafter, the vector error correction model was …
Persistent link: https://www.econbiz.de/10012629553
We investigate non-oil sector effects of fiscal policy in Azerbaijan over a long time period in which a recent low oil prices sample is incorporated. To obtain robust empirical findings, we use different test and estimation methods as well as address small-sample bias issues in the extended...
Persistent link: https://www.econbiz.de/10011853814
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
We develop a formula for user costs of housing on the basis of a neoclassical approach to housing investment which does not impose a perfect capital market assumption. We suggest that the definition for the user costs of housing should be extended by an additional term which mirrors the credit...
Persistent link: https://www.econbiz.de/10010300702
multiple cointegration. Financial frictions are captured by including balance sheet indicators of firms and banks (cash flow …
Persistent link: https://www.econbiz.de/10010322468
We investigate non-oil sector effects of fiscal policy in Azerbaijan over a long time period in which a recent low oil prices sample is incorporated. To obtain robust empirical findings, we use different test and estimation methods as well as address small-sample bias issues in the extended...
Persistent link: https://www.econbiz.de/10012009830