This paper provides an empirical analysis of relationship between economic growth and its determinants with special focus on the stock market development in Zimbabwe. Using data for the period from 1991 to 2007 the study employed FMOLS and ARDL bounds-testing for the long run relationship and ECM for the short run dynamics. The findings suggest a positive relationship between efficient stock ma...

The main purpose of this study is to investigate the role income inequality, per capita renewable and non-renewable energy consumption, on poverty reduction in BRICS (Brazil, Russia, India, China, South Africa) countries over period between 1991–2019. This used second-generation panel data methodologies taking into account cross-dependence countries, which gives more accurate results. outcomes ...

The need for energy sources is increasing day by day. However, limited resources lead economies to use renewable resources. This paper explores the relations between consumption, financial development, and economic growth. study employs ARDL approach investigate long-term short-term cointegration correlations variables. current focuses on period 1996-2017 whether development indicators can play...

This study investigates the relationship between FDI, economic growth and financial development in Next 11 countries. An analysis of results was performed accordingly on panel data gathered from countries 1985 to 2019— using Pooled Mean Group (PMG) estimation method Autoregressive Distributed Lag model approach (ARDL). The indicate an impact both FDI flows during period 2019 long run, while no ...

Recently, sustainable development goals (SDGs) have become an international requirement that needs to be achieved and requires the focus of recent literature regulation authorities. Thus, current article investigates impact environmental, social, governance (ESG) economic growth on SDG ASEAN countries. The study has extracted secondary data from sources such as SDGs reports world indicators (WD...

This paper examines to what extent financial development contributes to output expansion in Malaysia, during the period 1960-2003. An augmented neoclassical growth framework is adopted to provide an evaluation of the impact of financial sector development on economic development. Using the recently developed ARDL bounds procedure, the results show that aggregate output and its determinants are ...

This article examines the determinants of health expenditures in Tunisia during the period 1961-2008, using the Autoregressive Distributed Lag (ARDL) approach by Pesaran et al. (2001). The results of the bounds test show that there is a stable long-run relationship between per capita health expenditure, GDP, population ageing, medical density and environmental quality. In fact, on the one hand ...

In the light of previous literature fertility determines different economic, social and program inputs variables. The main object of this study to investigate the impact of sector specific (health and education) foreign aid on fertility in case of Pakistan. For empirical investigation Auto Regressive Distributed Lag Model (ARDL) is used over the period of 1973-2012. The results of the study sho...

The Algerian economy is an example of a high level of rentierism, while the Egyptian economy shows a low/moderate level of rentierism. The ARDL bounds test approach was used upon annual time series data from 1965 to 2010. The results suggest cointegration for both countries. Bi-causality between energy consumption and growth in the long run was found. For Algeria there is a reversed (negative) ...

This comparative study is an attempt to explore the determinants of capital structure for Malaysian firms listed in various sectors level. Within framework traditional and moderate dynamic theories, key such as fixed assets, current return on equity, size, earning per share total assets are tested relation debt-equity ratio. The large-scale entails data collected from 551 Bursa Malaysia main ma...