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A Note on the Export-Led Growth Hypothesis: A Time Series Approach
Maneschiöld, Per-Ola - In: Latin American Journal of Economics-formerly Cuadernos … 45 (2008) 132, pp. 293-302
The export-led growth hypothesis is analysed for Argentina, Brazil, and Mexico using cointegration and causality … techniques. Cointegration is found for Argentina and Mexico in both a pre-break and post-break period, where the break is related …
Persistent link: https://www.econbiz.de/10005510164
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The Causality Analysis of External Debt Service and GNP : The Case of Turkey
Karagol, Erdal - In: Central Bank Review 2 (2002) 1, pp. 39-64
multivariate cointegration techniques to develop a vector error correction model useful for investigating the long-run effects of … external debt service on GNP level. Moreover, the information on cointegration (Johansen ,1988 and Johansen &Juselius ,1990) in …
Persistent link: https://www.econbiz.de/10005667148
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A Multivariate Causality Analysis of Export and Growth for Turkey
Halicioglu, Ferda - Economics and Econometrics Research Institute (EERI) - 2007
testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms …
Persistent link: https://www.econbiz.de/10005760628
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Challenges of the output-employment growth imbalance in transition economies
Mihajlović, Vladimir; Marjanovic, Gordana - In: Naše gospodarstvo : NG 67 (2021) 2, pp. 1-9
The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more important role as these countries strive to significantly...
Persistent link: https://www.econbiz.de/10012619838
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The impact of a People's Republic of China slowdown on commodity prices and detecting the asymmetric responses of economic activity in Asian countries to commodity price shocks
Ghoshray, Atanu; Pundit, Madhavi - 2016
The recent slowdown of the People's Republic of China (PRC) has led to question to what extent the PRC demand of commodities can have an impact on commodity prices. We take into account the fact that commodity prices are characterized by structural breaks, and to this end we make use of novel...
Persistent link: https://www.econbiz.de/10011579549
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Government Expenditures and Economic Growth : A Cointegration Analysis for Thailand under the Floating Exchange Rate Regime
Jiranyakul, Komain - 2020
Contributing to the controversial issue on the impact of government spending on economic growth, this paper shows that government spending has both long-run and short-run impacts in stimulating aggregate output in Thailand during the floating exchange rate regime. In addition, real money supply...
Persistent link: https://www.econbiz.de/10012834515
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Is there asymmetry in the relationship between government consumption dynamics and economic activity? : evidence from G7 economies
Senekovič, Marko - In: Naše gospodarstvo : NG 67 (2021) 4, pp. 1-12
In this paper, based on a quarterly dataset of G7 countries with the application of a nonlinear ARDL model we test for the presence of a short-run and long-term asymmetry in the relationship between government spending and economic activity. The main aim of this study is to analyze the...
Persistent link: https://www.econbiz.de/10012887168
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How does quality of institutions affect the impact of trade openness on economic growth of Ghana?
Duodu, Emmanuel; Baidoo, Samuel Tawiah - In: Cogent Economics & Finance 8 (2020) 1, pp. 1-19
Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to address the situation. This study therefore examines the impact of trade openness on economic growth of...
Persistent link: https://www.econbiz.de/10014001331
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Challenges of the output-employment growth imbalance in transition economies
Mihajlović, Vladimir; Marjanovic, Gordana - In: Naše gospodarstvo / Our Economy 67 (2021) 2, pp. 1-9
The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more important role as these countries strive to significantly...
Persistent link: https://www.econbiz.de/10014520680
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The impact of a People's Republic of China slowdown on commodity prices and detecting the asymmetric responses of economic activity in Asian countries to commodity price shocks
Ghoshray, Atanu; Pundit, Madhavi - 2016
The recent slowdown of the People's Republic of China (PRC) has led to question to what extent the PRC demand of commodities can have an impact on commodity prices. We take into account the fact that commodity prices are characterized by structural breaks, and to this end we make use of novel...
Persistent link: https://www.econbiz.de/10011725566