This paper re-examines the causality relationship between monetary aggregates, output and prices in the case of … Malaysia. The study is based upon a vector autoregression (VAR) model applying the Granger no-causality procedure developed by … Toda and Yamamoto (1995). The results indicate a two-way causality running between monetary aggregates, M2 and M3 and …

a two-way causality between the growth of real GDP and the growth of the number of patents. For panel data, we find that … Granger causes the growth of the number of patents. However, we do not find any evidence of reverse causality. …

The paper argues that, in most cases, causality runs from economic growth to export growth. To support this argument …, we start by examining the evidence on causality in the empirical studies done on this subject. Then we empirically test … the direction of causation between exports and economic growth using Granger’s causality test on time-series data of six …

-VAR investigations show bi-directional causality between Education and Health. Causality also exists from Education to Economic growth …. On the other hand, causality is found between Health and Economic growth and not the reverse. We therefore perform …

We examined the causality in both static and dynamic framework between energy consumption, C02 emission and economic …

This paper tests causality between capital inflow components and currency black market premiums (BMP) in a panel of …. Causality results and policy implications are different for middle income and low income countries. The interaction of capital …

current account deficits using data for 20 OECD countries for the 1974-2008 period. The analysis adapts the Ganger causality …