This study investigates the response of Chinese stock returns to oil prices amidst COVID-19 pandemic using both linear and nonlinear autoregressive distributed lag (ARDL) models. The results indicate that price Global Fear Index ( GFI ), respectively, affect positively negatively in short run. While asymmetry matters, do not respond changes long

External public debt and foreign exchange reserve (FER) are performing a crucial role in the growth development of countries. To examine short-run long-run dynamics among external (EPD) FER Ethiopia, study used 39 years data (1981 to 2019) from National bank Ethiopia (NBE) World Bank sets. The Autoregressive Distributed Lag (ARDL) model with error correction (ECM) was employed after checking po...

This paper investigates whether exports are the engine of production growth in forest industries in three countries. A bivariate autoregressive distributed lag model of production and exports was estimated with data of eleven forest industries from China, Finland, and the United States. Inferences were based on the short-run and long-run partial multipliers from exports to production by industr...

Abstract Urbanization has been argued to be having an impact on several other development challenges. To this end, paper aims contribute the empirical literature by exploring effect of urbanization and its' magnitude poverty, both in short run long Nigeria. The macroeconomic analysis was conducted using data from 1982 2017 which obtained World Bank. Bound Test autoregressive distributed-lag (AR...

The objective of this paper is to investigate the long-run and short-run relationships among tourist arrivals to Malaysia and tourism price, substitute price, travelling cost, income and exchange rate for Asian7. The autoregressive distributed lag (ARDL) bounds test approach developed by Pesaran et al. (2001) is employed in the analysis, and the data cover the period 1970 to 2004. The empirical...

The study aims to estimate an international reserves demand model for China using economic growth, propensity to import, real effective exchange rate and trade openness variables for quarterly period spanning from 1985Q1 to 2014Q4.The bounds testing technique to cointegration is used to test for a long run relationship, while the autoregressive distributed lag approach is used to estimate short...