The empirical study highlights importance of usage of sector indices which provides insight for sector specific investment strategies and direction for suitable policy formulation. It investigates long run and short run relationships between eight identified sector indices and Sensex for the...

For resolving the "purchasing power parity puzzle", Rogoff (1996) proposed that the convergence of real exchange rates to PPP should be shorter than that found in previous studies. Many previous studies have tried to resolve the purchasing power parity puzzle through the nonlinear modeling of...

This study¡¯s objective was to solve the problem of functionary mechanism between demographic structure transition and economic growth in China using cointegration and vector error correction model. The results are: (1) A long-term co-integration relationship exists among birth rate, infant...

This article empirically examines the impact of R&D and climate change on the Western Australian Agricultural sector using standard time series econometrics. Based on historical data for the period of 1977–2005, the empirical results show that both R&D and climate change matter for long-run...