The shift to renewable sources of energy has become a critical economic priority in African countries due challenges. However, investors the development face problems with decision making existence multiple criteria, such as oil prices and associated macroeconomic performance. This study aims analyze differential effects international other factors on both oil-importing oil-exporting Africa. us...

With the growing environmental pollution and adverse climatic conditions, it is now a globally vibrant topic whether housing prices should be associated with quality of environment in particular region. From microeconomic approach to economics, proposed that property any region quality-the concept hedonic pricing. A negative association between low magnitudes high house precondition achieving a...

The present research is an effort to diagnose the exigent determinants of exports in Finland by using time series data from 1993-2020. study employs a vector-error correction model (VECM) Johansen technique for co-integration. empirical findings co-integration indicate existence significant relationship between and its various long run. results VECM revealed that exchange rate remittances are p...

Abstract A decrease in interest rate traditional view of monetary policy transmission is linked to a lower cost borrowing which eventually results into greater spending investment and bigger GDP. However, also income which, turn, affects the aggregate demand total So far, no concerted effort has been made investigate this positive inter-relation between GDP existing literature. Here first place...

Abstract Time series data commonly show are interconnected behaviour and non-stationer interrelated variables, so a model that able to obtain good forecasting result from non-stationary multivariate variables time needed. Vector Error Correction Model (VECM) is one of which vector form Autoregressive Boundary (VAR) for has cointegration relationship. The purpose this study identify the VECM in ...

How to assess external shocks, whether they are inflationary shocks or interest rate without warning, is crucial construct smooth and predictable financial market. The purpose of this paper analyze the short-run long-run effects on an economy under chaotic conditions uncertainty using Vector Error Correction Model (VECM). A comprehensive detailed derivation process presented for VECM reveals dy...