Impact of Foreign Exchange Reserve on Economic Growth in Nepal
نویسندگان
چکیده
This study primarily focuses on the analysis of contributions foreign exchange reserve to economic growth Nepal by using time series data obtained from year 1975 2018 A.D. In order assess a relationship between these variables, statistical procedure unit root test, cointegration and Vector Error Correction Model (VECM) are applied. addition t-statistics, Wald-test for joint significance coefficients is applied VECM performed testing impact past values dependent variables which show nation’s growth. Based outcome; Johansen test indicates existence long-run among variables. The outcome Wald statistics confirm that have positive contribution growth; has contributed Nepal.
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ژورنال
عنوان ژورنال: Journal of management and development studies
سال: 2021
ISSN: ['2392-4888', '2392-4896']
DOI: https://doi.org/10.3126/jmds.v30i1.36347