A pooled mean group analysis on aid and growth [PDF]
This article uses the pooled mean group estimator and an extended annual dataset to examine the effectiveness of aid on growth. The results indicate a significant long-run impact of aid and ‘good’ policy on growth, but conditioning aid on ‘good’ policy reduces the long-run growth rate.
Kang Tan
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External Resources and Savings Rate: A Pooled Mean Group Analysis for Developing Countries
To examine the effect of external resources on savings dynamics, this paper employs the pooled mean group (PMG) technique to a large sample of 65 developing countries over the period of 1970 to 2009. The panel results for all the countries together suggest that approximately 33% of domestic savings are displaced by the inflow of external resources ...
Anupam Das
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Foreign Direct Investment, Business Environment and Economic Growth in Sub-Saharan Africa: Pooled Mean Group Technique [PDF]
This study examined the role played by foreign direct investment and business environment on economic growth. The sample contained 39 Sub-Saharan African countries divided into two groups, 21 low incomes and 18 middle incomes from 1992 to 2012. The findings of pooled mean group estimator (PMG) revealed that the impact of foreign direct investment on ...
Abdelbagi Edrees
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Health Expenditures, Good Governance and Economic Growth in Selected Asian Countries, using the Pooled Mean Group method [PDF]
Objective: This study was conducted with the aim of investigating the effect of good governance in moderating the effect of health expenditures on the economic growth of selected Asian countries that have similar governance qualityMethods: In order to ...
Iman Nowrozi +2 more
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Feldstein-Horioka Puzzle and International Capital Mobility in High Income Countries: A Pool Mean Group Approach [PDF]
This paper reexamines the status of international capital mobility under the Feldstein-Horioka (1980) hypothesis by comparing the results from the OECD and non-OECD high income categories. Data on savings and investment ratios of 21 OECD and 17 non-OECD countries were analyzed using the dynamic heterogeneous panel estimators of Pooled Mean Group (PMG),
Hassan, Ibrahim Bakari +2 more
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This study empirically analyses the influence of urbanization and the participation of men and women in the labour force on economic growth in the countries of the West African Economic and Monetary Union (WAEMU). Using data from the World Bank (2017) on the member States between 1990 and 2016, we show from Pesaran’s PMG estimator, Shin and Smith (1999)
Prao Yao Séraphin
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Panel Cointegration and Pooled Mean Group Estimations of Energy-Output Dynamics in South Asia
This study employs the panel cointegration and pooled mean group (PMG) techniques to examine the long run relationships between energy consumption and GDP for 5 South Asian countries from 1981 to 2009. Unit root and panel cointegration tests find a long run relationship between energy consumption and GDP after allowing for country-specific effect ...
Anupam Das, Muhammad Akhtaruzzaman
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This study investigates the role of financial liberalization, trade integration, economic growth and global financial crisis on financial integration level of selected OECD and G20 countries during the period of 2000-2016. PMG technique has been implemented to estimate the ARDL model.
Ahliman Abbasov
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The Economic Antecedents of Human Well-Being: A Pooled Mean Group Estimation of Dynamic Heterogeneous Panel [PDF]
This study seeks to investigate the economic antecedents of happiness by employing the Mean Group (MG), Pooled Mean Group (PMG) and the Dynamic Fixed Effects (DFE) estimators to analyse a set of macro panel data on selected OECD countries for 40 years from 1973 to 2012.
Rasiah, R. R. V. +2 more
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Corruption and renewable energy consumption in 42 developed countries: A pooled mean group analysis
The substantial increase in global renewable energy usage has promoted research in this field, particularly in developed countries, which play a crucial role in reducing the impacts of climate change. However, the role and effects of corruption on this type of energy have attracted less attention.
Rahro, Amir +2 more
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