Johansen Co-Integration
DETERMINANTS OF INFLATION IN PAKISTAN: AN ECONOMETRIC ANALYSIS USING JOHANSEN CO-INTEGRATION APPROACH►Furrukh Bashir,
... Inflation is regarded as regressive taxation against the poor. The most visible impact of inflation in recent times is its effect on real output, relative prices, taxes and interest rates. The study focuses to examine ...
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Remittance Inflow and GDP Growth: Evidence from Bangladesh, India and Pakistan
... The Johansen Cointegration test is employed to check whether the long-run relationship or equilibrium exists between the time series ...of Johansen co- integration shows that there is a long ...
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Has Oil Revenue Enhanced Non-Oil Export in Nigeria? A Co-integration Approach
... and co-integration technique to examine the long run relationship, while the Vector Error Correction Model (VECM) was used to analyze the short-run behavior of the ...The Johansen ...
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Revisiting the Tourism-Led Growth Hypothesis in a Dual Model Using Mwald Granger Causality Analysis
... The Johansen co-integration test results provided evidence that all variables are co- integrated and there is a long-run relationship among variables in both bivariate and trivariate models; ...
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VOLATILITY OF AGGREGATE MARKET INDICES
... Johannes co integration test is performed for each of 58 bilateral pairs identifies with in the group of selected indices for each pair, co integration rack of a and I are examined by ...
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The impact of real oil price on real effective exchange rate: The case of Azerbaijan
... Using quarterly data from 2000-2007 and applying Error Correction Model and Johansen Co- integration Approaches I estimate the impact of real oil price on the real exchange rate of Azerbaijani manat. ...
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The Effect of Foreign Direct Investment (FDI) on the Ghanaian Economic Growth
... stationery, Johansen Co-integration test which provides the strong evidences for the correlation between variables for long-run, and the regression model used to carry out this process was VECM model ...
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CO INTEGRATION ANALYSIS OF THE IMPACT OF MANUFACTURING SECTOR ON ECONOMIC GROWTH IN NIGERIA
... test, Johansen co-integration, Vector Error-Correction Model, and Granger causality tests were employed to determine the long run relationship and causality links among the ...to Johansen ...
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Causality between Tourism and Foreign Direct Investment: An Empirical Evidence from Pakistan
... consideration were inflation, industrial production index (IPI), trade openness, wage rates, unemployment rates and exchange rates. After examining with different regression models, the results exhibited that exchange ...
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Foreign Aid and Economic Development A study of Foreign Aid and Its Effects and Relationship with Per Capita Income of Afghanistan
... then Johansen co-integration tests to assess the long- run relationship of foreign aid and per capita income of ...The Johansen co-integration test authenticated that there is no ...
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The Impact of Unemployment on Economic Growth in China
... used Johansen Co-integration to test the long-term relationship between the rate of unemployment and economic progress (gross domestic product) since all the variable of the study were stationary at ...
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Factors effecting exchange rate: a case of pakistan
... difference. Johansen co-integration test has been applied to observe for long term relation among ...three co-integrated equations, as there likelihood values are greater than the critical ...
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The Validity of Export-Led Growth Hypothesis for Jordan: A Bounds Testing Approach
... growth. Al-Zu'bi and Al-Tal (2004) using a three-stages least squares method investigated the relationship between exports and economic growth for Jordan over the period 1979-2000. The findings revealed that exports are ...
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Electricity Generation and Its Impact on Real GDP and RealExports of Pakistan: A Co-integration Analysis
... of Johansen Co-integration test revealed that Electricity Generation, Employed Labour Force, Gross Fixed Capital Formation and Terms of Trade have a positive influence on while Exchange Rate is ...
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Co-Integration Testing, Using the Johansen Method, Between General Indicators of Some Arab Financial Markets in Asia
... the integration of some of the financial markets However, the results of this study were different in addition to the difference in the study sample as follows The main financial markets in the Arab countries in ...
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Impact of Human Capital Development on Poverty Reduction in Nigeria
... and Johansen Co-integration methods were used to estimate the model of one dependent variable (poverty rate) and four explanatory variables (primary school enrolment, secondary school enrolment, ...
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Revisiting Exports, Imports and Economic Growth Nexus: Empirical Evidence from Bangladesh (1981 2017)
... the Johansen co-integration test is used, and to find the short-run dynamics and granger causality between variables, VECM frame- work is ...used. Johansen co-integration test ...
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Are the Major South Asian Equity Markets Co Integrated?
... the co-movements or the relations among the seemingly unrelated stock markets of South Asian countries, which includes Karachi Stock Exchange (Pakistan), Bombay Stock Exchange (India), Dhaka Stock Exchange ...
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Money Supply and Prices Relation in Albanian Economy
... Paper aims to examine the relationship between money, represented by M1, and prices, represented by Consumer Price Index (CPI) in Albania. Monthly data are used from 2000:M1 to 2015:M1. Particularly, paper represents the ...
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Stock Market and Economic Growth in Nigeria
... Squares, Johansen Co- integration test and Pairwise granger causality methods were applied to the ...The Johansen co- integration test showed that a long run relationship exists ...
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