This study investigates the impact of energy consumption and financial development on economic growth using neo-classical production function in the case of US. The ARDL (Autoregressive distributed lag) bounds testing approach with additional variables (energy consumption and financial development) is used to investigate cointegration during the period of 1967-2012 in US. The ARDL reveals a coi...

This study aimed to ascertain the validity of Phillips Curve in six countries Gambia, Ghana, Guinea, Liberia, Nigeria, and Sierra Leone within West African Monetary Zone (WAMZ). The utilised panel data from these varying 2000 2021, which were obtained World Bank database. analysed using Panel unit root test, Johansen Fisher (JFP) co-integration Pairwise Dumitrescu Hurlin (PDHP) Causality Tests,...

Dünyada tarımsal üretimde zararlılarla mücadele etmek için kullanılan pestisitler ekosistemde bazı negatif dışsallıklara yol açmaktadır. Pestisit kullanımı bal arıları üzerinde ciddi problemler oluşturmaktadır. Bu araştırmanın amacı pestisit ve verimi arasındaki ilişkiyi 1992-2017 periyodunda panel veri analizi yöntemi ile test etmektir. amaca yönelik olarak Dünya üretiminin %43’ünü temsil eden...

This study aims at investigating the nature of the causal relationship between immigration and two macroeconomic indicators, GDP per capita and unemployment, in Sweden using autoregressive distributed lag (ARDL) bounds testing procedure and Granger-causality within vector error correction model (VECM) based on annual data spanning the period between 1980 and 2004. Results of the ARDL bounds tes...

Abstract We re-explore the link between government expenditure and private investments within a modern econometric framework. Performing dynamic analysis on panel of 28 OECD countries over 1990–2019, we account for nonstationarity, country-heterogeneity, cross-sectional dependence. By estimating an ECM version novel CS-ARDL model, find robust evidence both short-run long-run adverse effects agg...

Foreign direct investment (FDI) has gained prominence in international economics over the past three decades. Primarily, belief that FDI influences economic growth of host country, set stage for empirical research focused on FDI–growth nexus. The literature, however, reveals mixed evidence regarding role promoting growth. Despite conflicting evidence, developed and developing economies have att...