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The foremost contribution of this paper is to explicitly consider the role of asymmetry in studying the nexus between FDI shocks and real GDP across seven selected countries of Asia. To accomplish this contribution, the nonlinear autoregressive distributed lag (NARDL) and generalized impulse...
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This paper investigates the relationship between oil prices (Brent and West Texas Intermediate (WTI)) and Kuwait Stock Exchange (KSE) prices at the sector level. In a nonlinear autoregressive distributed lag (NARDL) model, ten major sectors in Kuwait are studied using daily data from 3 January...
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