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panel Granger causality

Relationship between Tourism and Economic Growth: A Panel Granger Causality Approach

Relationship between Tourism and Economic Growth: A Panel Granger Causality Approach

... the panel data of 135 countries for the period ...purpose, Panel Granger causality analysis was applied to 11 groups of ...bidirectional causality in Europe between tourism revenue (TR) ...

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Energy consumption, CO2 emissions and economic growth nexus: Evidence from panel Granger causality test

Energy consumption, CO2 emissions and economic growth nexus: Evidence from panel Granger causality test

... Bootstrap panel Granger causality test approach is used which take account the cross-sectional dependency and the heterogeneity across ...bi-directional causality between economic growth and ...

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Military Spending and Inequality: Panel Granger Causality Test

Military Spending and Inequality: Panel Granger Causality Test

... dynamic panel data model when there are a large number of cross-sectional units observed over relatively short time periods (Nickell, ...the panel Granger causality test proposed by ...

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Export facilitation and comparative advantages of the Chinese low technology manufactures: A panel granger causality analysis

Export facilitation and comparative advantages of the Chinese low technology manufactures: A panel granger causality analysis

... The Chinese industrialization and urbanization has attracted a large number of rural labor forces to move to the non-agricultural industries. On one hand, this process has generated abundant supply in the labor market, ...

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Financial Development and Growth Nexus in West Africa: A Dumitrescu-Hurlin Panel Granger Causality Approach

Financial Development and Growth Nexus in West Africa: A Dumitrescu-Hurlin Panel Granger Causality Approach

... Hurlin Panel Causality Tests to ascertain the causal link between the panel ...sections. Panel unit root tests and the Kao panel cointegration test will be run on the ...

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Insurance Market Development and Economic Growth in Transition Countries: Some new evidence based on bootstrap panel Granger causality test

Insurance Market Development and Economic Growth in Transition Countries: Some new evidence based on bootstrap panel Granger causality test

... bootstrap panel causality approach proposed by Kónya (2006), which allows for simultaneous inclusion of both cross-sectional dependence and country-specific ...

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The Impact of Human Capital on FDI with New Evidence from Bootstrap Panel Granger Causality Analysis

The Impact of Human Capital on FDI with New Evidence from Bootstrap Panel Granger Causality Analysis

... “Unfortunately, there is no simple rule to decide on the maximal lag, though there are formal model specification criteria to rely on. Ideally, the lag structure is allowed to vary across countries, variables and ...

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Granger Causality between Financial Deepening and International Trade: Evidence from Regional Panel Data

Granger Causality between Financial Deepening and International Trade: Evidence from Regional Panel Data

... of causality is presented with mixed results including uni- directional causality from finance to growth ...revealed causality effects within the developed countries rather than developing countries ...

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The Impact of Vegetables Exports on Economic Growth in Tunisia

The Impact of Vegetables Exports on Economic Growth in Tunisia

... Economic Growth, Exports and Foreign Direct Investment in Least Developed Countries: A Panel Granger Causality Analysis.. Growth and Export Expansion in Less Developed Countries: Some Em[r] ...

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A Note on Cross Border Mergers and Investment

A Note on Cross Border Mergers and Investment

... heterogeneous panel Granger causality tests to examine this ...to Granger cause investment, while in low- to middle-income countries, investment Granger causes ...

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The balance of payments constrained growth rate and the natural rate of growth: new empirical evidence

The balance of payments constrained growth rate and the natural rate of growth: new empirical evidence

... a panel approach to investigate the empirical relevance of ‘Thirlwall’s Law’, which states that long-run growth must be consistent with balance of payments (BOP) equilibrium and is, thus, determined on the demand ...

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The Relationship among Exports, Imports and Economic Growth in Turkey

The Relationship among Exports, Imports and Economic Growth in Turkey

... the panel data analysis show that the impact of economic growth and trade openness is found to be ...the panel Granger causality analysis reveals a unidirectional causal relationship running ...

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Income and total expenditure on health in OECD countries: Evidence from panel data and Hsiao's version of Granger non-causality tests

Income and total expenditure on health in OECD countries: Evidence from panel data and Hsiao's version of Granger non-causality tests

... test Granger non-causality without test modifications needed with non-stationary ...of panel Granger non-causality tests for lnGDPc and lnHCEc, their growth rates, and de-trended ...the ...

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Wagner in Ireland: An Econometric Analysis

Wagner in Ireland: An Econometric Analysis

... The next twenty or more years saw a flurry of activity in the area of public expenditure – a redaction of Wagnerian theory from various sources, and a variety of efforts at specifying and testing the theory. Most of ...

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Does Financial Development Lead to Poverty Reduction in China? Time Series Evidence

Does Financial Development Lead to Poverty Reduction in China? Time Series Evidence

... Having satisfied all the requirements underlying the Toda-Yamamoto test, we estimate a 𝑉𝐴𝑅(4) for each of the two models (i.e. 𝑚 = 3 and 𝑑 𝑚𝑎𝑥 = 1 ). Table 3 shows the causality tests between lnGDP and lnPC/GDP. ...

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Assessment of Commerce Potency on Economic Growth in Italy: Empirical Analysis

Assessment of Commerce Potency on Economic Growth in Italy: Empirical Analysis

... the Granger-Causality ...the Granger-Causality tests that there is no any relationship of causality between trade and economic ...

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The role of renewable energy and agriculture in reducing CO2 emissions: evidence for North Africa countries

The role of renewable energy and agriculture in reducing CO2 emissions: evidence for North Africa countries

... The existence of long-run relationship between variables is established using the seven cointegration tests proposed by Pedroni (2001, 2004). These tests are divided in two sets. The first set contains four panel ...

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Climate Change and Infectious Diseases: Evidence from Highly Vulnerable Countries

Climate Change and Infectious Diseases: Evidence from Highly Vulnerable Countries

... The researchers measured the number of patients considered per 100,000 inhabitants as a proxy for the dependent variable. Infectious diseases dis- cussed in this study are Cholera and Measles. The Gross Domestic Product ...

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Energy Consumption and Economic Growth: A Disaggregate Approach

Energy Consumption and Economic Growth: A Disaggregate Approach

... of causality by employing Granger causality test and found bidirectional causality between variables under study and unidirectional causality runs from real GDP to energy consumption ...

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An Application of Asymmetric Toda-Yamamoto Causality on Exchange Rate-Inflation Differentials in Emerging Economies

An Application of Asymmetric Toda-Yamamoto Causality on Exchange Rate-Inflation Differentials in Emerging Economies

... whether causality exist among inflation differentials and exchange ...Toda-Yamamoto causality with application of modified leverage bootstrap distribution as well as asymmetric causality test in ...

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