2013 are used in the analysis. The results from this study show that there exists a unidirectional long-run causality …

2013 are used in the analysis. The results from this study show that there exists a unidirectional long-run causality …

Causality between the ratio of domestic private credit to GDP and growth in real GDP per capita is investigated in a … to test for causal linkages integrates (i) lag-augmented VAR Granger causality tests, (ii) Breitung-Candelon causality … of 24 countries in the sample, the three tests yield uniform results in terms of causality presence (absence) and …

-integration test, and the causality test of the vector error correction model to explore this relationship. Our study shows that …

approach to cointegration within an ARDL framework proposed by Pesaran et al. (2001) and the augmented Granger causality test …

The causality relationship between financial development and economic growth is one of the highly discussed and … unresolved topics in the economics literature. In this study, the causality relationship between financial development and … economic growth is searched for Turkey. Quarterly data of 1990:I-2011:IV period are used in this study. As a result of the …

causality tests using time series data for twelve representative countries. The empirical results show considerable variation of … causality across countries which can be explained by institutional and policy differences, providing support to the main …