Causality Relationship between Real GDP and Electricity Consumption in Romania (2001-2010) [PDF]
After Industrial Revolution, importance of energy in production has increased. As a result of two petroleum crisis, energy was included directly into the production function. While development level of countries has increased, energy consumption has also
Kayhan, Selim +3 more
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THE ROLE OF THE FLAG CARRIER AIRLINE ON EXPORT: TODA-YAMAMOTO CAUSALITY ANALYSIS
The trade deficit, which is among the most important factors affecting the current account deficit, is one of the main obstacles to sustainable economic growth.
Atioğlu, Eyup
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The Causal Relationship between Private Sector Credit Growth and Economic Growth in Bangladesh: Use of Toda-Yamamoto Granger Causality test in VAR Model [PDF]
This paper examines the causal relationship between private sector credit growth and economic growth in Bangladesh by using annual time series data over the period of 1976-2017.
Paul, Uttam Chandra
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Exports and Economic Growth Nexus: The Case of Pakistan [PDF]
This paper re-investigates the exports and economic growth nexus for Pakistan. The paper employs cointegration and multivariate Granger Causality Test [Toda and Yamamoto (1995)] to study the long-run and short-run dynamics among exports, imports, and ...
Nasim Shah Shirazi +1 more
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Unraveling the Impact of Oil Price Fluctuations on Economic Growth: VAR Analysis and Causality Testing [PDF]
This study investigates the complex relationship between oil price fluctuations and economic growth in Algeria, using time series data from 1973 to 2023.
Youssouf Hadji +1 more
doaj +1 more source
Foreign direct investment and profit outflows: a causality analysis for the Brazilian economy [PDF]
Most empirical works have focused on the effects of foreign direct investment (FDI) to exports and other economic performance indicators, whereas its impacts to profit outflows has been relatively neglected.
Fernando Seabra, Lisandra Flach
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Further Evidence on Defence Spending and Economic Growth in NATO Countries [PDF]
The main purpose of this paper is to analyze the causal relationships between defence spending and economic growth using the Toda–Yamamoto approach to Granger causality test in the case of selected NATO countries for the period of 1949-2006.
Erman Erbaykal, Alper Ozun
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Islamic Banking-Growth Nexus: Evidence from Toda-Yamamoto and Bootstrap Granger Causality Test
This paper examines the causal relationship between Islamic banking development and economic growth and between Islamic banking development and capital formation in the case of Malaysia.
Abduh, Muhamad +2 more
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A test of Wagner’s hypothesis for the Ghanaian economy
The economy of Ghana profiles a trajectory of increasing government expenditure at the backdrop of an inconsistent growth in real GDP. Thus, this study explores the causal relationship between real economic growth and real government expenditure in Ghana
John Gartchie Gatsi +2 more
doaj +1 more source
GOVERNMENT EXPENDITURES IN CHINA AND TAIWAN: DO THEY FOLLOW WAGNER¡¯S LAW? [PDF]
This paper tests Wagner¡¯s Law for China and Taiwan, using annual time series data covering the period 1979-2002. To estimate the long-run relationship between government expenditures and output, we use a robust estimation method known as the Bounds Test
Chiung-Ju Huang
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