The study is devoted to assessing the causal relationship between financial development and economic growth in manufacturing sector of Azerbaijan, a country rich oil gas resources. covers quarterly data from 2005-2021. Johansen co-integration test Toda-Yamamota are used analyze temporal characteristics indicators. results showed that there no long run. Along with this, evidence was found indica...

This study researches the causal relationship between exchange rates and stock prices during pre and post financial crisis in Viet Nam, based on the collected daily data from 2005 to 2015. The paper investigates the long-run relationship between above-mentioned two variables using Johansen and Juselius (1990) co-integration test and short run dynamic causal relationships by using Toda and Yamam...

Günümüzde bazı ülkeler kendi teknolojilerini üretme ve ihraç etme konumuna erişmişken, bazıları ise ihtiyaç duydukları teknolojileri teknoloji üretiminde öncü ülkelerden transfer ederek sağlamaktadır. Bu çalışmada, transferi ile ekonomik büyüme arasındaki ilişki daha çok ikinci grupta yer alan Türkiye için ampirik olarak analiz edilmiştir. 1989:Q1-2019:Q3 dönemi verilerinin kullanıldığı transfe...

This paper investigates the relationship between cigarette consumption per capita net disposable income, cigarette price index, and per capita expenditure for education. In this empirical analysis the Johansen cointegration test is applied in conjunction with the vector error correction model. Finally, the forecasting technique of cigarettes consumption in Greece using cointegration models is p...

at higher layers in our architecture. This means that a monitoring module is replicated at the lowest layer, but controlled at the synthesizing module level. If, for example, one replica of a monitoring module fails, the controlling function in the layer above might still obtain results from the other two replicas when a time-out occurs (Hartvigsen and Johansen, 1990a). A third motivation in ou...

Information security is a very important component in the context of an organization’s dependence on ICT. The operational environment where these technologies are operating is a very complex one. Offering a good level of protection by information security process needs a well defined managerial framework. This paper discusses the reasons why having a well defined managerial security framework i...

This paper analyzes possible cointegration relations among the sub-indexes of the Istanbul Stock Exchange series services sector, industry sector and financial sector for the period from February 1, 1997 to September 24, 2003. The data is analyzed by using various methods initiated by Engle and Granger (1987), Johansen (1988) and Akdi (1995). The basic finding of this study is that none of thes...

Cancer: Current Research Two prominent medical journals recently published epidemiologic studies [Inskip et al. (1) and Muscat et al. (2)] on cellular telephones and brain cancer. These papers were featured in a front-page story in The New York Times (3). The message of the story was essentially that these were definitive studies that put the question of handheld cell phone hazard to rest. The ...

This paper applies alternative time series techniques such as General to Specific (GETS) and Johansen Maximum Likelihood (JML) to estimate the long run income and price elasticities of demand for energy for Fiji. We also test for the causal relationship between energy consumption, GDP and energy prices using the Granger causality tests. Our results imply that there is a uni-directional causalit...

the main purpose of this paper is analyses the short and long run relationship between budget deficit and trade deficit in some mena countries. the data cover the period from 1971-2000 (and for i.r. iran 1 959-2003).the relationship between these variables will be analyses in short and long run by using johansen cointegration tests, ecm, and granger causality test. the empirical evidence provid...