Technological Innovation, Infrastructure and Industrial Growth in Bangladesh: Empirical Evidence from ARDL and Granger Causality Approach

Public Expenditure and Economic Growth in Nigeria (A Granger Causality Approach) 1983-2012

This paper examines the impact of government expenditure on the Nigerian economy for the period 1983 - 2012. The government expenditure components used as the explanatory variables in the model are: expenditures on Health, Education, Defense, Agriculture and Transportation and Communication. The Gross Domestic Product (GDP) was used as a parameter for measuring economic growth. In order to esta...

Inflation and Money supply growth in Iran: Empirical Evidences from Cointegration and Causality

Maritime Transportation, Environmental Pollution, and Economic Growth in Iran: Using Dynamic Log Linear Model and Granger Causality Approach

  The main purpose of this study is to estimate the maritime transportation elasticities of the environmental pollution and economic growth in Iran within the short-run and long-run to find out the relationships among maritime transportation, environmental pollution and economic growth. The lagged endogenous model (a dynamic log-linear model that we used) is estimated using two distinctive ...

The Granger Causality Relationship between FDI, GDP and International Tourist Arrivals – Empirical evidence from 5 countries

The study attempts to test a hypothesis and explore some additional empirical evidences of a causal relationship between International Tourist Arrivals, Foreign Direct Investment (FDI) and Economic Growth (GDP). Although tourism has been regarded as one of the most dynamic economic industries in the world, the previous studies of the causality between three variables are exceptionally rare. In ...

Stock Market Interactions between the BRICS and the United States: Evidence from Asymmetric Granger Causality Tests in the Frequency Domain

The interaction of BRICS stock markets with the United States is studied using an asymmetric Granger causality test based on the frequency domain. This type of analysis allows for both positive and negative shocks over different horizons. There is a clear bivariate causality that runs both ways between the United States stock market and the respective BRICS markets. In addition, both negative a...