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This study is based on a balanced panel of pollutants (CO2, SO2 and NOx emissions per capita) drawn from the electricity sector of 51 US regions covering the period 1990-2012. The empirical findings indicate strong evidence of non-linear cointegrated relationships between local (SO2 and NOX) and...
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There has been intensive research in the literature of macroeconomics examining the nexus between finance, capital movements, and economic growth to explore the impact of each variable on other variables in the system. One might claim that these researches, needless to say, are seminal and have...
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This paper analyzes the effect of productivity shocks originating from other countries on economic growth in the home country. Traditionally, productivity shocks have been considered as driving forces of economic growth in their home countries. However, productivity improvements occur both at...
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The present chapter examines the impact of significant sectors of the Greek economy and their relationship with economic growth. The variables employed for this study involve tourism-generated GDP, money supply, construction and taxation, and economic growth in Greece while the methodology...
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