this study aims to evaluate the link between economic growth and consumer price index (cpi) in japan for the period of 1980-2014. initial series were adjusted for stationarity using the augmented dickey- fuller (adf) test for unit root followed by the application of johansen co-integration test in order to examine the long-run relationship among the variables, while the causalities were evaluat...

development of financial markets as an important factor in the economic growth process always has been of interest to economists. the purpose of this paper is to study the relationship between regional financial development and economic growth. this study uses provincial annual data over the period 2000-2011 by using panel data technique. the panel co integration techniques have been used to te...

Abstract The literature reveals that linear models do not accurately represent the asymmetric relationship between economic growth and energy consumption (EC). To fill this gap, we examined EC in a non-linear panel autoregressive distributed lag (ARDL) framework of 85 countries as whole sample Brazil, Russia, India, China, South Africa (BRICS), Next Eleven, Big Four Western Europe, Asia-Pacific...

This research explores the mechanism by which general budget deficit affects inflation rate in Latin America, taking Argentina as a model for these countries period (1990-2020). To re-test hypothesis that has often been raised economic literature, there are direct effects of on rate, researchers used (ARDL) to support and prove from it was based country suffers major monetary financial problems...

Health and education expenditures are among the sources of human capital accumulation. It is claimed that health make a positive contribution to economic growth process through In this study, development in Turkey period 1988-2019 its impact on emphasized. context, effects life expectancy at birth (LEB) (HE) (GDP) were analyzed with ARDL co-integration test. was concluded there relationship bet...

The impact of foreign direct investment on the host country’s economic growth has been a source debate in past theoretical and empirical investigations. PMG/ARDL model, which practical advantage examining effect short long run, received little attention prior This study investigates Sub-Saharan African countries. examined panel data from 22 nations Africa 1988 to 2019. model was used look at sh...

T he study seeks to investigate both linear and nonlinear effects of oil price movement on critical macroeconomic variables (output, price and exchange rate) in Nigeria using ARDL modeling approach. Previous studies substantially relied on linear methods using VAR approach to unravel this links without a clear conclusion. In an attempt to seek better results in this study, we employ both l...

Purpose The objectives of this study are twofold. First, it intends to investigate the symmetric link between initial public offering (IPO) variability and determinants stock market index, treasury bill rate, inflation, GDP growth rate foreign direct investment. Second, examine asymmetric IPO aforementioned determinants, namely Design/methodology/approach Data from 1992 2018 were gathered count...

The aim of this study was to gain insights into the factors affecting Foreign Direct Investment (FDI) inflow in Saudi Arabia by applying cointegration and error-correction model on annual data over period 2000-2020. results ARDL bound test co-integration displayed existence long-run equilibrium model. regression report that openness, government spending economic stability are statistically sign...

This study examines the effect of capital market development on economic growth Nigeria using data Real Gross Domestic Product as a proxy for while variables constitute independent variables. includes Market Capitalization, All Share Index, Number Listed Securities and number listed companies The adopted an expost-facto research design which utilized secondary period 1983 -2016. While Augmented...