This article analyses the impact of public debt on sustainability as measured by genuine savings indicator covering period from 2004 to 2018. The methodology adopted is based dynamic panel generalized methods moments (GMM). results after estimation show a negative and significant contribution WAEMU countries’ development sustainability. However, we note that an improvement in institutional gove...

The Gaussian mixture modeling (GMM) techniques are increasingly being used for both speaker identification and verification. Most of these models assume diagonal covariance matrices. Although empirically any distribution can be approximated with a diagonal GMM, a large number of mixture components are usually needed to obtain a good approximation. A consequence of using a large GMM is that its ...

This study aims to examine determinants of financial development and see role quality human capital in 19 Emerging Market countries during 2008-2017. Financial this is proxied using the index accommodate multi-dimensional development. Estimation dynamic panel method Generalize Method Moment (GMM). The results show that has contributed increasing emerging market Meanwhile, trade openness governm...

This paper develops the links between overidentification tests, underidentification score tests and Cragg Donald (1993, 1997) Kleibergen Paap (2006) rank in linear instrumental variable (IV) models. For structural model y=Xβ+u, with endogenous explanatory variables partitioned as X=x1X2, this general framework shows that standard are for an auxiliary model, x1=X2δ+ε, estimated by IV estimation ...

European Union is the strongest economic union globally and has observed rapid growth in last few decades. This study investigates whether integration information communication technology (ICT) promotes EU. Additionally, examines role of ICT for relationship concerning readiness usage. The undertook panel data from 2002 to 2019 employed Generalized Method Moments approach estimate results. resu...

Quite often shadow economy (SE) and corruption are seen as "twins", which need each other or fight against each other and theoretically can be either complements or substitutes. Therefore, the relationship between SE and corruption has been a controversial and polemical issue and in the spotlight of a remarkable collection of economists and social researchers. The main objective of this study ...

Industrial structure plays a vital role in social and economic progress, as well the core domain of industrial economics. This paper reviewed coordination employment rate primary, secondary, tertiary industry, respectively by looking at its coefficient. More importantly, this examined relationship between growth using panel data from 2011 to 2019 constructing GMM model measure effects. Our find...