Showing 1 - 10 of 27
This study provides evidence on human development-economic growth causality by employing a large macro panel dataset. We followed the UNDP's approach for human development. With the help of Hurlin (2004) fixed coefficient approach, we tested causality between human development and economic...
Persistent link: https://www.econbiz.de/10009352674
A global profusion of coal provides many countries with opportunities for economic growth. The direction of causality between coal consumption and economic growth is useful for policy making, however, existing empirical evidence have failed to reach a consensus. This paper examined the liaison...
Persistent link: https://www.econbiz.de/10008685055
The paper re-investigates the relationship between economic growth and domestic savings by applying new approaches rather than old techniques. The cointegration and causality approaches have been applied for economic growth and domestic savings. In doing so, ARDL Bounds Testing, Johanson...
Persistent link: https://www.econbiz.de/10008524051
The present study deals with an empirical investigation between CO2 emissions, energy intensity, economic growth and globalization using annual data over the period of 1970- 2010 for Turkish economy. We applied unit root test and cointegration approach in the presence of structural breaks. The...
Persistent link: https://www.econbiz.de/10010891072
This paper explores how carbon taxation and economic growth affect environment hazards in Malaysia using time series data over the period of 1974-2010. We applied cointegration and causality approaches to determine long term and the direction of causal relationship between these variables. Based...
Persistent link: https://www.econbiz.de/10010891090
The present study aims to investigate the causality between economic growth and human resource development. In doing so, LLL (Larsson et al., 2001) panel co-integration rank test for heterogeneous panel models and recently developed panel causality tests by Hurlin and Venet (2001) are employed...
Persistent link: https://www.econbiz.de/10008755425
This study investigates the relationship between financial development, economic growth and poverty reduction in Bangladesh using quarter frequency data over the period of 1975-2011. This issue is of importance for developing economics, since the role of financial sector in mobilizing and...
Persistent link: https://www.econbiz.de/10011107669
We study the relationship between financial development, technological development and economic growth in Romania. We construct aggregate indices of financial development and technological development using principal component analysis. The ARDL bounds testing approach shows the presence of...
Persistent link: https://www.econbiz.de/10011107902
This paper explores how carbon taxation and economic growth affect environment hazards in Malaysia using time series data over the period of 1974-2010. We applied cointegration and causality approaches to determine long term and the direction of causal relationship between these variables. Based...
Persistent link: https://www.econbiz.de/10011108098
This study revisits the impact of financial development on economic growth in South Africa by incorporating trade openness in the production function. The paper covers the period of 1970-2011. We apply the Bayer-Hanck combined cointegration approach to examine the long run relationship between...
Persistent link: https://www.econbiz.de/10011109239