The study’s motivation is to gauge the impact of financial innovation on economic growth from 2004M1 2018M12 in India and Pakistan’s economy with mediating role policy uncertainty. For instituting possible association between innovations, uncertainty, study considered both symmetric asymmetric frameworks following autoregressive distributed lagged (ARDL) nonlinear ARDL (NARDL). Furthermore, cau...

The study investigates the long run relationship and causal between energy consumption economic growth in Brics countries during period 1990 – 2013. Pedroni panel co-integration method is applied to analyse among variables. causality variables analysed using Pair-wise Granger-causality technique. study’s results reveal that there a growth, consumption, employment trade openness countries. resea...

a r t i c l e i n f o JEL classification: O43 O16 E44 E31 Keywords: Banking sector Stock market Economic growth Granger causality ASEAN countries This paper examines the relationship between banking sector development, stock market development, economic growth, and four other macroeconomic variables in ASEAN countries for the period 1961–2012. Using principal component analysis for the construc...

Purpose This paper examines the relationship between inflation and economic growth in Kenya from an analytical empirical standpoint. Design/methodology/approach The applies autoregressive distributed lag (ARDL) bounds testing approach multivariate Granger-causality test using time series data covering 1970-2019. Structural breaks were also conducted Perron (1997) (PPURoot) Zivot-Andrews (199...

Financial inclusion has been recognized as a development policy priority and key to economic growth in developing economies. Essentially, most Sub-Saharan African (SSA) countries have witnessed unstable over the last three decades. inclusiveness is fundamental sustainable for any economy. This study investigates effects of financial on 41 from 2004–2019, employing generalized method moments (GM...

In this study, the causality links between electricity consumption and economic growth are investigated for Turkey, the United Kingdom, Spain, Belgium and United States covering the period from 1964 to 2014. The results of autoregressive distributed lag (ARDL) approach, bounds testing and error correction model show that there is a positive one-way and statistically significant causality moving...

The development and competition of the new energy industry will become an important battlefield a round technological industrial competition. This study use annual data from 1990 to 2019 understand factors affecting in China by examining long-run causal relationship among proportion consumption, prices, carbon emissions, structure, economic growth, power generation multivariate model for China....

In the following analysis, a much debated topic has been analyzed with regard to remmitances and economic growth in Kosovo. The study is based on time series, quarterly data over period 2010-2021. methodology applied utilization of unrestricted VAR model Granger Causality/Block exogeniety Wald test, order explore direction causality between variables. Results show that there bi-directional remi...

Renewable electricity is a pillar of the sustainability transition being pursued through climate and energy policy strategies, European Green Deal represents potential investment plan for this new phase development. Economic growth can be influenced by expansion renewable consumption, but nature their relationship ambiguous depends on various economic factors. This paper investigates long-run b...