capital, and economic growth in Malaysia over the period of 1970 to 2009. Johansen cointegration test suggests that PDI, the … user cost of capital, and economic growth are cointegrated in Malaysia. Granger causality test reveals that there is a uni …-directional causality running from PDI to economic growth and also from PDI to the user cost of capital in the long run. Moreover, there is …

. Stationarity tests reveal that both series are non-stationary, or I(1). Moreover, we found a cointegration relationship between the … two variables. The short-run dynamics of the variables show that the flow of causality runs from energy use to GDP, and … conclude that energy is a limiting factor to GDP growth in Italy. …

different countries are coordinated and if they have an influence on oil prices. Relying on cointegration and causality tests in …

This study has examined the causality relationship between oil consumption and economic growth in Nigeria during the … period of 1980-2011 . The Johansen’s maximum likelihood cointegration technique and Granger causality tests are applied … economic growth. The Granger causality test revealed the unidirectional causality running from oil consumption to economic …

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 …

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 …

and economic growth in Thailand. Quarterly data over the period from the first quarter of 1993 to the fourth quarter of … 2013 are used in the analysis. The results from this study show that there exists a unidirectional long-run causality … capitalization causes economic growth while an increase in trade openness decreases it and vice versa. Furthermore, there exist short …

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 … correction model show bidirectional causal relations between stock market return and the growth rate in the long run and the …

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 … correction model show bidirectional causal relations between stock market return and the growth rate in the long run and the …

and economic growth in Thailand. Quarterly data over the period from the first quarter of 1993 to the fourth quarter of … 2013 are used in the analysis. The results from this study show that there exists a unidirectional long-run causality … not causes economic growth while trade openness negatively cause it. Furthermore, there exist short-run bidirectional …