هدفت هذه الدراسة إلى التحقق من كفاءة الإنفاق الحكومي في ليبيا وما هو الحد الامثل للإنفاق خلال الفترة 2000-2020 باستخدام نموذج “Scully” المطور ومن منهجية الاقتصاد القياسي التي تعتمد على طريقة المربعات الصغرى العادية المعدلة (FMOLS). وخلصت عدد النتائج أبرزها: الحجم الأمثل كنسبة مئوية الناتج المحلي الإجمالي يقدر بـ 34٪ فترة الدراسة، بينما متوسط 69٪ وهو أكبر النسبة المئوية الأمثل، وهذا يعني أن العا...

This paper examines the effects of tax policies on international tourist arrivals to Maldives using fully modified ordinary least squares (FMOLS) panel data method. The is chosen as a case study because nation heavily dependent tourism and earn up 70% total government revenue in tax. As expected, estimated elasticities show that adversely influences inbound travel, but significant differences a...

The current study aims to explore the role of environmental taxes and regulations for renewable energy consumption, focusing on reporting policy suggestions overcome climate change issues achieve sustainability. main objective this paper is examine relation between energy, taxes, technologies, in 29 OECD countries during 1996–2018. More precisely, we inspect impact technologies consumption. aut...

The tourism sector in Madeira represents 26.6% of the regional GDP and 16.7% employment region. However, is a source adverse environmental impacts. One repercussions tourism, regarded as an externality, generation solid waste. This paper aims to estimate impact tourist activities on waste for period 1996–2018. We used fully modified ordinary least squares (FMOLS) model, including annual inflows...

The effect of monetary policy on prices and output in any economy cannot be overlooked. This is germane given the implications various macroeconomic outcomes. In doing this, Fully Modified Ordinary Least Squares (FMOLS) method was deployed base preliminary findings to test relationship for Nigeria. Findings revealed that money supply exchange rate exhibit significant output, while does not. Als...

This study deals with the relationship between tourism revenues and economic growth in Turkey over period 2003Q1-2019Q3 within framework of Fourier approach. The results ADF unit root test show that two variables are I(1). Upon this, ADL Hidden cointegration tests applied to investigate existence long-term among aforementioned variables. According tests, there is a unidirectional running from r...

This study tries to verify the predictive power of implicit forward rate term structure interest rates in Africa. We used data from Egypt, Ghana, Kenya, Nigeria and Republic South A modified version yield premium models Shiller McCulloch (1990) were test rate, rather than rational expectations hypothesis. both FMOLS DOLS estimators, since they are more consistent OLS with non-stationary series....

Domestic savings are the primary source of financing for domestic investments, hence, they play an essential role in a country's economic growth. Therefore, understanding determinants is critical policy formulation.This study investigates impact financial sector stability on gross Ghana over period 1970-2017. Applying Fully Modified Ordinary Least Squares (FMOLS) technique, findings show that e...

the relationship between economic growth and developments in the ‎financial sector has been one of the most discussed areas in economics ‎for a long time; and the direction of causality – whether financial ‎development causes economic growth or vice versa – is by no means a ‎settled issue.‎this paper investigates the short- run and long-run granger causality ‎between financial development and e...