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...

Long-run relationships and structural breaks have often been confused so that many investigators ignore the in long-run stock price relationships. In this paper, we investigate among prices BRICS countries a bivariate framework. We used non-linear threshold cointegration test, which endogenously incorporates possible regime shift behaviors into from 2004 to 2018. The Johansen Gregory Hansen Hat...

Theory tells us that output, the capital stock and the user cost of capital are cointegrated. From the capital accumulation identity, it also follows that the capital stock and investment have a long-run proportional relationship. This has been used to justify the estimation of investment equations embodying a long-run relation between investment and output, rather than between the capital stoc...

The purpose of this study is to examine equilibrium relationships and dynamic causality between economic growth (measured as GDP), exports, imports in Jordan using time-series data 1976 2021. In particular, research attempts determine exports-led growth, imports-led growth-led both the short-run long-run. four datasets, GDP, merchandise imports, gross capital formation, were examined Dickey–Ful...

This paper uses Johansen multivariate cointegration analysis to examine the relationship between health and GDP for thirteen OECD countries over the last two centuries, for relationship between life expectancy and both total GDP and GDP per capita was found for all of the countries estimated. The relationships have a significant influence on both total GDP and GPD per capita in most of the coun...

This paper tries to analyze effects of trade and financial liberalizations on the Iran’s government size during both long-run and short- run. Accordingly, a specification of the auto regression with distributed lag (ARDL) has been used for investigating the long run relationships between variables, and a vector correction model (VECM) has examined dynamically the short-run relationships betwe...

This study aims to investigate whether money supply behaviour in Egypt is exogenously or endogenously determined using data from 2004 2019. It identify the determinants of and most important tools used by central bank manage it. The employs Johansen-Juselius test (1990) examine long-run error correction model short-run determinants. We conclude that real GDP, discount rate, budget deficit, net ...