this paper examines the causal relationship between energy use and real gdp for the period 1967-2002 in iran. the results of phillips- perron test indicate that the real gdp and the four categories of energy, i.e. coal, oil, gas, and hydroelectric energy are integrated of order one. besides, the johansen — juselius maximum likelihood co- integration tests imply the existence of granger causalit...

T his study evaluates the causality relationship between human capital and foreign direct investment inflow in twenty-six OIC (the Organization of Islamic Cooperation) countries over the period 1970–2014. We employed the panel Granger non-causality testing approach of Kònya (2006) that is based on seemingly unrelated regression (SUR) systems, and Wald tests with country specific boot...

iran is one of the most concentrated areas of afghan migrants and refugees. most afghans dispersed throughout the country mixed with iranian households. the majority of afghan immigrants are typically unskilled and illegal workers. this study aims at investigating the nature of the causal relationship between afghan immigrants and two main labor market indicators, average wages and unemployment...

This paper looks at different rules in dissolving a common value partnership when one partner holds proprietary information. In winner’s bid auction (WBA) and loser’s bid auction (LBA), there exists unique mixed strategy equilibrium. “Payoff equivalence” is established in the sense that partners’ expected payoffs are the same under the two auction formats. The informed partner benefits from an ...

This paper aims to investigate the direction of causality between economic growth, energy consumption and trade openness in case of Iran for the period 1967–2012. We apply the newly developed combined cointegration test proposed by Bayer and Hanck (2013). Vector Error Correction Model (VECM) is applied to determine the direction of causality between these three variables. The result of Bayer-Ha...

Causal analysis techniques support the investigation of incidents and accidents. These include elicitation methods, such as Barrier Analysis, and event-based techniques, for example accident fault trees. Other approaches rely on flow charts, including those within the PRISMA approach and accident models, including the control theory model in STAMP. A further class of causal analysis techniques ...