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Educational stock and economic growth: The case of Greece over the period 1981-2009

Pegkas, Panagiotis - In: SPOUDAI - Journal of Economics and Business 62 (2012) 1/2, pp. 56-71

This paper examines the impact of education on economic growth in Greece over the period 1981 - 2009 by applying the model with two sectors introduced by Lucas (1988). The findings of the empirical analysis reveal that there is no long-run relation between educational stock and output. In the...

Persistent link: https://www.econbiz.de/10010343110

Inflation thresholds and economic growth : evidence from Nigeria

Ajide, Kazeem Bello; Lawanson, Olukemi - 2012

Inflation is one of the most challenging macroeconomic objectives capable of frustrating every pragmatic effort at achieving other macroeconomics goals if not curtailed. To this end, the paper empirically examines the threshold inflation rate that is considered optimally reasonable for...

Persistent link: https://www.econbiz.de/10009705751

Educational stock and economic growth : the case of Greece over the period 1981-2009

Pegkas, Panagiotis - In: Spoudai : journal of economics and business 62 (2012) 1/2, pp. 56-71

This paper examines the impact of education on economic growth in Greece over the period 1981 – 2009 by applying the model with two sectors introduced by Lucas (1988). The findings of the empirical analysis reveal that there is no long-run relation between educational stock and output. In the...

Persistent link: https://www.econbiz.de/10010255261

Real exchange rate misalignment and economic growth in Nigeria

Ali, Abdulkadir I.; Ajibola, Isaiah O.; Omotosho, … - In: CBN journal of applied statistics 6 (2015) 2, pp. 103-131

of cointegration between output and its determinants with a structural break in 2003Q2. Furthermore, we found empirical …

Persistent link: https://www.econbiz.de/10011460572

Testing the relationships between energy consumption, CO 2 emissions and economic growth in 24 African countries : a panel ARDL approach

Asongu, Simplice; El Montasser, Ghassen; Toumi, Hassen - 2015

This study complements existing literature by examining the nexus between energy consumption (EC), CO2 emissions (CE) and economic growth (GDP) in 24 African countries using a panel ARDL approach. The following findings are established. First, there is a long run relationship between EC, CE and...

Persistent link: https://www.econbiz.de/10011407926

The endogeneity of the natural rate of growth : an alternative approach

Senay, Acikgöz; Mert, Merter - 2015

This study estimates and tests the endogeneity of the natural rate of growth using the balance-of-payments consistent rate of growth (BPCRG) instead of the actual rate of growth. Our approach is also theoretically compatible with the one proposed by Thirlwall (2001). Following this idea, we...

Persistent link: https://www.econbiz.de/10010462545

Trade Openness, Growth and Development : Evidence from Heterogeneous Panel Cointegration Analysis for Middle-Income Countries

Sakyi, Daniel - 2012

-income countries over the period 1970-2009. The paper employs non-stationary heterogeneous panel cointegration techniques that take …

Persistent link: https://www.econbiz.de/10013097488

Effects of Biomasss Energy on Economic Growth : Panel ARDL Method

Bildirici, Melike - 2013

It is investigated the cointegration and causality relationship of the biomass energy consumption and economic growth … in the transition countries by the Panel ARDL method and Pedroni cointegration analysis. Analyzed countries are gathered … under two group. For Group 1, Pedroni panel cointegration test and ARDL bound test results show that biomass energy …

Persistent link: https://www.econbiz.de/10013089490

Relación Consumo de Energía y PIB : Evidencia Desde un Panel Cointegrado de 10 Países de América Latina entre 1971-2007 (Energy Consumption and GDP relationship: Evidence from a Co...

Campo Robledo, Jacobo Alberto - 2014

. Through Cointegration test of Westerlund (2006) for panel data, which takes into account the possible dependence between … energy conservation. Cointegration is found to exist in both directions, energy consumption to GDP, and GDP to energy …

Persistent link: https://www.econbiz.de/10013067820

Exports, Imports, and Economic Growth in India : Evidence from Causality, Cointegration and Toda–Yamamoto Wald Test

Kumar, Vijay - 2018

to each other. The result of Johansen co-integration test indicates cointegration and long-haul relationship among the …

Persistent link: https://www.econbiz.de/10012911153