Public Expenditure and Economic Growth: Further Evidence for the European Union
EconomiesThis paper empirically investigates the short- and long-term impact of public expenditure on economic growth. We use annual data from 28 European Union (EU) countries for the 1995–2022 period and estimate a growth model augmented for public expenditure ...
Simón Sosvilla-Rivero +2 more
doaj +1 more source
Urbanization, Economic Growth and GHG Emissions Nexus in South Asia: Evidence from Panel ARDL Model
The Critical Review of Social Sciences StudiesDue to growing global urbanization and ongoing discussions about climate fluctuations resulting from increased greenhouse gas emissions, this study was initiated to examine the relationship between urbanization, greenhouse gas emissions, and economic growth rates.
null Dr. Muhammad Sulemean +3 more
openaire +1 more source
Long‐run confidence: Estimating uncertainty when using long‐run multipliers
American Journal of Political Science, EarlyView.Abstract Researchers are often interested in the long‐run relationship (LRR) between variables where the dependent variable has dynamic properties. Though determining the long‐run multiplier (LRM) for an independent variable is straightforward, correctly estimating the significance of the LRM is often difficult, especially when time series are short ...
Mark David Nieman, David A. M. Peterson
wiley +1 more source
Financial development and energy consumption nexus in Malaysia: A multivariate time series analysis
Despite a bourgeoning literature on the existence of a long-run relationship between energy consumption and economic growth, the findings have failed to establish clearly the direction of causation.
Alam, Mahmudul +2 more
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An Empirical Analysis of Institutional Coevolution in the European Union
Kyklos, EarlyView.ABSTRACT Institutional effectiveness is widely considered an important factor for the success of the European integration process. The article investigates how the coevolution of formal and informal institutions influenced economic performance within the European Union from 1980 to 2019.
Sara Casagrande, Bruno Dallago
wiley +1 more source
International Tourism Demand for Turkey: A Dynamic Panel Data Approach
Empirical studies on tourism field for Turkey have illustrated little attention in modelling properly the demand function for tourism and identifying the main basis of tourism flows.
Aslan, Alper +2 more
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TESTING THE JOINT IMPACT OF FOREIGN AID AND FOREIGN DIRECT INVESTMENT ON OVERTIME ECONOMIC GROWTH OF PAKISTAN [PDF]
Foreign aid (FA) and foreign direct investment (FDI) a phenomenon of cold war in the post world war-II arena. The dollar recipient countries utilized these funds to augment their developmental activities, curtail balance of payment distortions, enhance ...
Nazima Ellahi, Dr. Mehboob Ahmad
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Modelling Tourism and Economic Growth Nexus in Africa: A Symmetric Panel ARDL Approach
Scientific Research Journal, 2019 Magai Abe +3 more
openaire +1 more source
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT Since the seminal contributions of Friedman and Schwartz and of Hendry and Ericsson, instability in money demand has remained a central issue in the literature. This study broadens and generalizes the first evidence for the United Kingdom of stable long‐ and short‐run broad money demand extending back to the nineteenth century. Using nonlinear
Álvaro Escribano +2 more
wiley +1 more source
Europe Agreements and Trade Balance: Evidence form Four New EU Members [PDF]
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from Central and Eastern Europe (CEEC-4) using both static and dynamic panel data approaches. Specifically, the system Generalized Method of
Sova, Robert +3 more
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