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systems. For brevity, the results of the unit root, cointegration and MWald tests were not reported in Kónya (2004). The aim …
Persistent link: https://www.econbiz.de/10005062934
exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation …
Persistent link: https://www.econbiz.de/10005068680
The paper examines the export-led growth (ELG) hypothesis for nine Middle East and North Africa (MENA) countries in three-variable vector autoregressive and error correction models. When considering total exports, our results reject the ELG hypothesis in almost all of these countries. When we...
Persistent link: https://www.econbiz.de/10005094543
exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation …
Persistent link: https://www.econbiz.de/10005464143
using a time series data covering the period 1970 to 2009 is addressed by employing multivariate cointegration technique …
Persistent link: https://www.econbiz.de/10010709710
The hypothesis that financial development promotes economic growth is largely supported by empirical studies. This hypothesis is tested for the three Baltic countries using a time series approach that allows for interactions between the three countries. We find that economic growth is a positive...
Persistent link: https://www.econbiz.de/10008765716
with the methods of cointegration and causality of temporal series, in which is demonstrated that the growth restricted by …
Persistent link: https://www.econbiz.de/10008685363
framework, the cointegration and Granger Causality tests between real tourism receipts, real effective exchange rate and …
Persistent link: https://www.econbiz.de/10011108862
In Bangladesh, remittances from migrant workers are an important component of national income and a source for financing consumption and investment. This article investigates the relationship between remittances, financial sector development and economic growth in Bangladesh over the period of...
Persistent link: https://www.econbiz.de/10011135941
concept of Granger Causality after testing for cointegration using both the Engle-Granger and Johansen techniques. The ADF … test for cointegration proposed by Gregory and Hansen (1996) reveals that there has been both the level shift and regime …
Persistent link: https://www.econbiz.de/10011135948