Based on threshold regression models, this paper analyzes the effect of economic growth energy intensity by using panel data from 21 developed countries 1996 to 2015. Results show that a 1% increase in GDP per capita can lead 0.62–0.78% reduction intensity, implying significantly reduce intensity. The extent varies depending development stages represented key influencing factors including mix c...

While it is widely recognized that the development of a sound financial system may contribute to foster economic growth, relation between growth and activities complex. In this perspective, our contribution investigates existence threshold effects in relationship bank credit. Our sample ASEAN countries examined over period spanning from 1993 2019. We use approach Kremer et al. (2013) estimate d...

This paper aims to examine the growth-government spending nexus for Algeria. Our empirical investigation follows endogenous growth literature by using GDP rate as dependent variable and government expenditure a share of main explanatory variable. We then perform Hansen’s (2317) regression kink model with an unknown threshold estimate optimal size during period 1973-2020. The obtained results co...

This paper studies the existence for a set of countries of an inflation threshold above which its effect on economic growth is negative, considering the speed of transition from one inflation regime to the other. Using a panel data set of above 120 countries for the period after the Second World War, we apply a panel smooth transition regression (PSTR) model with fixed effects. The estimated th...