This study examines the relationship between coal consumption and economic growth for 15 emerging market economies within a multivariate panel framework over the period 1980–2006. The heterogeneous panel cointegration results indicate there is a long-run equilibrium relationship between real GDP, coal consumption, real gross fixed capital formation, and the labor force. While in the long-run bo...

This paper estimates the equilibrium real effective exchange rate and determine level of misalignment in Sierra Leone, for period 1980 to 2018. The utilizes behavioral methodology within Johansen maximum likelihood framework estimate long run rate. unit root test result shows that all variables are integrated order one, whilst cointegration establishes existence one cointegrating vector as evid...

This study investigates the causal nexus between public expenditure and economic growth in India using cointegration approach and error correction model. The analysis was carried out over the period 1973 to 2012. The Cointegration test result confirms the existence of long-run equilibrium relationship between public expenditure and economic growth in India. The empirical results based on the er...

The aim of this paper is to analyze the impact economic growth and social public spending on poverty reduction through a panel eight Latin America countries along period 2000 2019. In order do this, Panel Vector Autoregressive (PVAR) model applied. results show that has strongest influence reduction, in both short long run; and, while protection expenditure does not seem be significant forecast...

The paper considers two countries each populated by workers and capitalists and equipped with a government that collects taxes to nance productive expenditure and income redistribution. The share of income redistributed de nes the size of the welfare state. Both groups in each country bene t from an abolition of the welfare state in the long run. Nevertheless, the optimal scal policy in autarky...

This paper examines the impact of leadership transition on government expenditure, particularly the composition of the expenditure. Using the Chinese provincial-level data during the period 1992-2006, we find that the transition of provincial leaders seems to have no significant effect on expenditure composition, either in the short run or long run. However, if the origins of provincial leaders...