Indonesia. With evidences of nonlinearities from cointegration test, nonparametric causality test based on rank series provides …-growth nexus in four current Newly Industrialized Countries by nonparametric methodology. Results from Breitung cointegration test … show existence of nonlinearities in the cointegration relationship of exports and economic growth in Malaysia, Thailand and …

summarises the main political macroeconomic outcomes covering the period 1875-2000, After using co integration and causality …

have been misspecified since they tested the ELG hypothesis using bivariate models. Others used multivariate cointegration … third variable. We utilize Johansen and Juselius cointegration procedure and error correction modeling to test the ELG …

, testing for the existence of cointegration and causality can only be carried out once the time series properties of the data … rates. Hence, this mechanism provides a theoretical basis for causality from wholesale prices to consumer prices. Being … have been established. For example, tests for cointegration require the variables to be integrated to the same order …

cointegration results show that market size of both Malaysia and China have major, and a statistically significant impact, on FDI … capital in the country. Using Granger causality test, we also find that there exist unidirectional causality from real GDP of …

building upon Verdoorn's [1941] idea. The cointegration tests indicate the existence of long-run and stable relationships … between economic growth, exports, imports, capital, and labor in each economy. Granger-causality tests indicate short-run in … causality (either export-led growth or growth-driven exports) in most economies. Besides, among the long-run estimated …

variable, and dummy variables to address structural changes in Nigeria and South Africa. There is one cointegration equation … between nominal fiscal variables in all three countries, one cointegration equation for Kenya and two cointegration equations …

income, for grants on production, and for public investments). We found a cointegration relationship for three out of five … items. Moreover, Granger causality tests results show evidence in favour of Wagner’s law only for spending for passive …