Showing 1 - 10 of 204
This paper provides further evidence on the impact of crime on the job market using the time series data over the period 1980-2007 for Argentina. We also address methodological flaws by earlier crime studies by employing autoregressive distributed lag (ARDL) approach to cointegration advocated...
Persistent link: https://www.econbiz.de/10011107533
This paper explores the relationship between exports, financial development and economic growth in case of Pakistan. In doing so, the autoregressive distributed lag (ARDL) bounds testing approach to cointegration and error correction model are applied to test the long run and short run...
Persistent link: https://www.econbiz.de/10011107543
In this paper we empirically analyse the factors which determined consumer credit in Greece in the period before and after the financial liberalisation, while accounting for significant changes in structure due to the lifting of credit restrictions and the subsequent impressive boom of consumer...
Persistent link: https://www.econbiz.de/10011107752
In this study we employed the ARDL bound test in order to detect cointegration relation of oil price and oil price fluctuation with GDP, exports and inflation in Pakistan. Our results confirmed cointegration among the variables when GDP was considered as dependent variable, while in case of...
Persistent link: https://www.econbiz.de/10011107799
This study is different from previous energy-GDP cointegration/causality ones by examining whether total energy consumption by industry causes total industry GDP (or vice versa), and whether per capita GDP causes per capita road and residential sector energy use (or vice versa) for a number of...
Persistent link: https://www.econbiz.de/10011108080
Present study reveals the impact of electricity production on economic growth in Pakistan. It covers the period of 1975-2010 and assumes a log-linear relationship between the variables. Both the bounds test and Johansen test for cointegration indicate a unique long-run relationship between the...
Persistent link: https://www.econbiz.de/10011108132
How well does the monetary exchange rate model explain exchange rate behaviour in Nigeria? Using the Johansen -Juselius (1990) and Johansen (1991) cointegration technique, this paper examines the long-run validity of the monetary exchange rate model in Nigeria for the flexible exchange rate...
Persistent link: https://www.econbiz.de/10011108296
This study examines whether bubbles are present in the Stock Exchange of Thailand. Three different methods are employed: variance bounds test, equity price bubbles test, and cointegration tests. The results from the variance bounds tests show that stock prices (proxied by the stock market index)...
Persistent link: https://www.econbiz.de/10011108498
As the economies of Asian have moved towards closer economic ties in recent years, the establishment of regional exchange rate arrangement has become an important regional policy concern. A study by the Asian Development Bank forecast that Asian will be the world's largest economy by 2050....
Persistent link: https://www.econbiz.de/10011108662
As the economies of Asian have moved towards closer economic ties and trade integration in recent years, the establishment of regional exchange rate arrangement is becoming an important regional policy concern, particularly in the wake of the Asian currency crisis of 1997. Financial integration...
Persistent link: https://www.econbiz.de/10011108851