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Exact Tests for Contemporaneous Correlation of Disturbances in Seemingly Unrelated Regressions

Dufour, Jean-Marie; Khalaf, Lynda - Centre Interuniversitaire de Recherche en Analyse des … - 2000

macroeconomic determinants of growth. Cet article propose des procédures exactes pour tester la spécification SURE (régressions …

Persistent link: https://www.econbiz.de/10005100560

Testing the finance-growth link: is there a difference between developed and developing countries?

Dufrenot, Gilles; Mignon, Valerie; Peguin-Feissolle, Anne - In: Economics Bulletin 30 (2010) 3, pp. 1794-1807

We revisit the evidence of the existence of a long-run link between financial intermediation and economic growth, by … testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial … intermediation. We consider a model with a factor structure that allows us to determine whether the finance-growth link is due to …

Persistent link: https://www.econbiz.de/10008526288

Does Over-education Influence French Economic Growth?

Jaoul-Grammare, Magali; Guironnet, Jean-Pascal - In: Economics Bulletin 29 (2009) 2, pp. 1190-1200

graduates. Paradoxically, if it is always profitable for individuals to increase their education investment; in term of growth …

Persistent link: https://www.econbiz.de/10008562840

Estimating a time-varying distribution-led regime

Carrillo-Maldonado, Paul; Nikiforos, Michalis - 2022

This paper estimates the distribution-led regime of the US economy for the period 1947-2019. We use a time varying parameter model, which allows for changes in the regime over time. To the best of our knowledge this is the first paper that has attempted to do this. This innovation is important,...

Persistent link: https://www.econbiz.de/10012814160

Foreign Direct Investment and Economic Activity in India

Dua, Pami; Rashid, Aneesa I. - Centre for Development Economics, Delhi School of Economics - 1999

This paper examines the relationship between foreign direct investment and economic activity in India in the post liberalisation period. Foreign direct investment is measured both by the amount approved as well as the actual flows. Economic activity is measured by the index of industrial...

Persistent link: https://www.econbiz.de/10005770861

Disaggregated Energy Consumption and Economic Growth in Ghana

Kwakwa, Paul Adjei - In: International Journal of Energy Economics and Policy 2 (2012) 1, pp. 34-40

This study has examined the causality between disaggregated energy consumption (electricity and fossil consumption) and … overall growth, agricultural and manufacturing growth in Ghana’s economy over the period 1971-2007. By employing the Augmented … growth to electricity and fossil consumption; a unidirectional causality from agriculture to electricity consumption both in …

Persistent link: https://www.econbiz.de/10009391459

A Pitfall in Using the Characterization of Granger Non-Causality in Vector Autoregressive Models

Triacca, Umberto - In: Econometrics 3 (2015) 2, pp. 233-239

It is well known that in a vector autoregressive (VAR) model Granger non-causality is characterized by a set of restrictions on the VAR coefficients. This characterization has been derived under the assumption of non-singularity of the covariance matrix of the innovations. This note shows that...

Persistent link: https://www.econbiz.de/10011249490

Home Foreclosures and Community Crime : Causal or Spurious Association?

Kirk, David - 2011

More than 6.4 million U.S. properties entered foreclosure between 2007 and 2009. Among the dire consequences of foreclosure is a possible increase in crime. Foreclosures and the subsequent property vacancies and residential turnover may affect community crime rates by increasing opportunities...

Persistent link: https://www.econbiz.de/10013132634

Identification and Estimation of Distributional Impacts of Interventions Using Changes in Inequality Measures

Firpo, Sergio - 2010

This paper presents semiparametric estimators of distributional impacts of interventions (treatment) when selection to the program is based on observable characteristics. Distributional impacts of a treatment are calculated as differences in inequality measures of the potential outcomes of...

Persistent link: https://www.econbiz.de/10013146176

Financial development and growth : evidence from Bayesian Modelling

Ahiakpor, Ferdinand; Nordjo, Ralph Essem; Alnaa, Samuel … - In: Cogent economics & finance 11 (2023) 2, pp. 1-21

This paper examines the nexus between financial development and economic growth in Ghana between 1970 and 2020. The … explanatory variables that could influence growth. The study revealed that credit to the private sector, gross domestic savings …, inflation rate, labour force participation, current account balance and population growth as key promoters of growth. Therefore …

Persistent link: https://www.econbiz.de/10014501173