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The purposes of this paper are to investigate empirically the impact of carbon dioxide emission and its restriction on Togo’s economic growth with a model that relies on a STIRPAT (Stochastic Impacts by Regression on Population, Affluence and Technology) suggested by Ehrlich and Holden (1971;...
Persistent link: https://www.econbiz.de/10015255265
This paper seeks to explore the impact of oil price shocks, real industrial production and interest rate on stock prices for six oil exporting countries and five oil importing countries using nonlinear autoregressive distributed lags (NARDL)model using monthly data for the period 1993 :...
Persistent link: https://www.econbiz.de/10015213468
With increasing energy needs and a continuous rise in hydrocarbon prices, this work aims to evaluate the link between energy and the economy in Madagascar. The enhancement of these links improves the socio-economic impacts of energy policies: what should contribute to development. Electricity,...
Persistent link: https://www.econbiz.de/10015258464
The two oil shocks of the 1970s reduced the GDP growth rate. Since that period, sudden oil price increases have been considered as a major source of economic slowdown. We estimate VAR models and Markov-Switching models to evaluate the impact of oil price increases on French growth. Our results...
Persistent link: https://www.econbiz.de/10008539945
de convergence/divergence des activités de production utilise le cadre théorique sur la convergence des économies … internationales. L’hétérogénéité des comportements est mise en évidence via la vitesse de convergence. Cette dernière est mise en … convergence des contributions aux inégalités : -0.2%, 0.2% et 0.1% respectivement dans le cadre de l’UE-15, l’UE- 25 et l’UE-32 …
Persistent link: https://www.econbiz.de/10005422858
Persistent link: https://www.econbiz.de/10005406542
Through this paper, we assess the sustainability of Tunisian external debt and its effect on the growth of the country. Based on two main approaches, namely the actuarial approach and the accounting approach, we check whether Tunisia was able to support its external debt during the period...
Persistent link: https://www.econbiz.de/10015257249
This work analyzed the effects of human capital on world growth using snapshot data from 1995 and the DRC with the time series from 1970 to 1994 and also analyzes the income gaps between the different countries of the world And the DRC. The analysis was made using the Solow model with human...
Persistent link: https://www.econbiz.de/10015257568
Since the early '90s, the empirical literature on human capital and economic growth is full of conflicting results. Indeed, most theoretical analyzes have confirmed that human capital has a positive and significant effect on growth. This article explore time series causality between human...
Persistent link: https://www.econbiz.de/10015249250
Recent studies on general equilibrium models with transaction costs show that the dynamics of the real exchange rate are necessarily nonlinear. Our contribution to the literature on nonlinear price adjustment mechanisms is treefold. First, we model the real exchange rate by a Multi-Regime...
Persistent link: https://www.econbiz.de/10005100696