Showing 1 - 10 of 2,122
This study investigates the causal relationship between domestic investment and economic growth in Argentina over the period 1980-2022, utilizing cointegration analysis and a Vector Error Correction Model (VECM). The empirical results indicate that domestic investment has no significant...
Persistent link: https://www.econbiz.de/10015213916
We present time series evidence on output convergence for 14 countries relative to the US for the 1900-2000 period. We develop tests that allow for an unknown number of breaks in the series and also asymmetric convergence speed. We show that this asymmetry arises theoretically when the economy...
Persistent link: https://www.econbiz.de/10015216469
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
This paper investigates the relationship between inflation and economic growth for South Africa and Ghana using quarterly empirical data collected from 2001 to 2016 applied to the quantile regression method. For our full sample estimates we find that inflation is positively related with growth...
Persistent link: https://www.econbiz.de/10015257917
Using annual data collected between 1994 and 2014, this current study investigate the long-run and short-run cointegration relations between education and economic growth in South Africa using the bounds approach to ARDL model. Our empirical results obtained in the study point to an...
Persistent link: https://www.econbiz.de/10015258454
The issue of whether public debt is useful or harmful towards economic growth is one of the most prevailing debates in the literature with no consensus existing on the subject matter. The study employs the ARDL model to examine the long-run and short-run effects of public debt on economic growth...
Persistent link: https://www.econbiz.de/10015258533
This study is an empirical investigation to Export led Growth hypothesis (1971-2016) in case of Pakistan by applying cointegration analysis and dynamic error correction mechanism. The study proves that the exports are important and significant determinant of economic growth in Pakistan. The...
Persistent link: https://www.econbiz.de/10015258904
Keeping in view the importance of economic growth in a country’s development, this study intended to examine the relationship between the government size and other determinants on economic growth using a time series data over the period 1973-2012. To specify the growth equation, we have...
Persistent link: https://www.econbiz.de/10015259749
A provincial analysis of Okun’s law in South Africa is provided in this article over a period of 1996 to 2016. Empirically, we rely on the nonlinear autoregressive distributive lag (N-ARDL) model whilst the Corbae-Ouliaris filter is used to extract the ‘gap’ variables required for our...
Persistent link: https://www.econbiz.de/10015260277