Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10011705113
Persistent link: https://www.econbiz.de/10011621189
Persistent link: https://www.econbiz.de/10005502982
In a recent issue of this journal, Beil et al. (2005, hereafter, BFJ) examined the relationship between telecommunications investment and economic growth in the United States over the period 1947-1996. Based on results from Granger-Sims test, BFJ conclude that '… investment by...
Persistent link: https://www.econbiz.de/10005475622
Challenges the claims of a previous article which tested the long-run relationship between economic growth and defence spending for mainland China for 1950-1991 and stated that the two series were integrated of the same order but not Granger-causally related to each other in any direction. Shows...
Persistent link: https://www.econbiz.de/10004976550
This paper investigates the relationship between government expenditure and economic growth in Ethiopia to test Wagner’s Law which postulates that as real income increases there is a tendency for the share of public expenditure to increase relative to national income. Using the bounds test...
Persistent link: https://www.econbiz.de/10011096517
The purpose of this paper is to revisit the Granger causal relationship between electricity consumption and economic growth for 15 transition economies for the period 1975–2010 using a bootstrap panel causality approach that allows for both cross-sectional dependency and for heterogeneity...
Persistent link: https://www.econbiz.de/10011100085
This paper examines the causal relationship between financial development and economic growth for 21 African countries within a framework which also accounts for international trade. We develop a financial development index based on four different financial development indicators and apply the...
Persistent link: https://www.econbiz.de/10010744020
Persistent link: https://www.econbiz.de/10010578954
This article attempts to test the causal relationship between nuclear energy consumption and real GDP for nine developed countries for the period 1971-2005 by including capital and labour as additional variables. Using a modified version of the Granger causality test developed by Toda and...
Persistent link: https://www.econbiz.de/10008507239