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period of 1980-2011 . The Johansen’s maximum likelihood cointegration technique and Granger causality tests are applied …This study has examined the causality relationship between oil consumption and economic growth in Nigeria during the …. Based on the cointegration test results, it was found that oil consumption has no long equilibrium relationship with …
Persistent link: https://www.econbiz.de/10011183600
causality. Data used refer to price indices of farm inputs and outputs, for crop and livestock production and retail price … Statistical Authority. The stationarity of time series is examined using alternative econometric tests, followed by cointegration … causality relationships between the variables are also analyzed. Econometric results lead to the conclusion that there is a long …
Persistent link: https://www.econbiz.de/10011122785
-run for Turkey over the period 1980-2005. The bounds testing cointegration approach is employed to estimate the trade balance … model. An augmented form of Granger causality analysis is implemented between trade balance, real effective exchange rates … causality tests reveal mix results, the parameter stability tests seem to be inconclusive. …
Persistent link: https://www.econbiz.de/10011107634
intake. The paper employs bounds testing cointegration procedure and augmented causality tests. The empirical results suggest … the existence of cointegration amongst the variables. Augmented Granger causality tests indicate the existence of a long … of temporal causality between obesity, health expenditure, unemployment, urbanization, alcohol consumption and calorie …
Persistent link: https://www.econbiz.de/10011107890
2013 are used in the analysis. The results from this study show that there exists a unidirectional long-run causality …
Persistent link: https://www.econbiz.de/10011108181
from Johansen cointegration test shows that the variables are cointegrated. Thus there exists a long-run relationship … negative impact. The financial crisis in 1997 has no influence on stock prices. The causality test results from an error …
Persistent link: https://www.econbiz.de/10011109781
from Johansen cointegration test shows that the variables are cointegrated. Thus there exists a long-run relationship … negative impact. The financial crisis in 1997 has no influence on stock prices. The causality test results from an error …
Persistent link: https://www.econbiz.de/10011110759
2013 are used in the analysis. The results from this study show that there exists a unidirectional long-run causality …
Persistent link: https://www.econbiz.de/10011111383
. The annual data from 1979 to 2012 are employed. The results from bounds testing for cointegration reveal that energy use …-run causality running from energy use to exports and imports. Policy implication based upon the results of this study is that energy …
Persistent link: https://www.econbiz.de/10011111500
bounds test for cointegration, Johansen and Juselius (1990) multivariate cointegration test, Granger causality … rate during the pre-crisis sample period. Moreover, the empirical results confirm a unidirectional short-run causality … observed between interest rate and exchange rate variables in the short-run. Most importantly, long-run bidirectional causality …
Persistent link: https://www.econbiz.de/10011112036