This paper empirically investigates the causal relationship between energy prices and economic performance in South Africa by employing auto-regressive distributed lag (ARDL) bounds test technique for period 1994 to 2019. The empirical evidence that was reviewed used a different methodology covered periods, particularly African context. While previous studies investigated examining oil or elect...

Purpose: The study analyses the effects of sovereign credit ratings on financial development in South Africa. This became important considering that country has been receiving negative late.
 Design/Methodology/Approach: Quarterly data for period 1994-2017 was analysed using Auto-Regressive Distributed Lag (ARDL) cointegration model and its associated statistics. Error Correction Model (EC...

The objective of this study is to identify the impact trade liberalization on economic growth in Japan. Annual data are utilized from 1985 2016 via Autoregressive Distributed Lag Model (ARDL) Cointegration test and Vector Error Correction (VECM) based Granger causality. findings unit root tests revealed that all variables mixed results whereby they integrated at I(0) I(1) could proceed ARDL tes...

Abstract This study intends to examine the impact of current health expenditure, domestic government education social protection, population growth, and foreign direct investment (FDI) on human capital formation in context Pakistan. utilized skill measure capital. The annual data for period 1990–2020 has been extracted from World Development Indicators (WDI) Bank. auto-regressive distributed la...

during the last recent decades, restructuring in the electricity industry has been considered as an economical policy. consequently, it was able to increase private investment, competition, efficiency, and productivity. the purpose of restructuring electricity industry is to change electricity industry organization, in order to omit monopoly and increase competition. recognition of restructurin...

population in all countries plays a fundamental role in economic growth and economic development. but besides absolute size and growth rate of population, the more important factor will be “age structure” or “age distribution” of population, because it can be as source of many economical, social, and political challenges. in this research, we investigate effect of changes in population shares i...

the purpose of this study is to investigate the role of oil, natural gas and coal consumption in iran’s economic growth during the periods from 1980 to 2012. the stationary analysis is performed by using adf and phillips-perron unit root test and auto-regressive distributed lag (ardl) approach was used to test for co-integration between the variables. the findings show that the variables are co...