This study explores the impact of foreign direct investment (FDI), renewable energy, gross capital formation, population growth, domestic product (GDP), and square GDP on carbon dioxide (CO2) emissions in Somalia between 1990 2019. To investigate short- long-run elasticity environmental degradation other variables, autoregressive distributed lag (ARDL) model is employed. In Somalia, coefficient...

This paper investigates whether corruption has contributed to the rise of shadow economy in Uganda. Using autoregressive distributed lag bounds testing approach and granger causality econometric methods we find a positive relationship between size both long- short-run. Additionally, results reveal bidirectional causal corruption, vice versa. These findings suggest that, for case Uganda, an incr...

Abstract In this study, the causal relationship between financial development and economic growth in Botswana is re-examined using disaggregated data from 1980 to 2020 on development. The importance of achieving Sustainable Development Goals (SDGs) cannot be overemphasised. study used Autoregressive Distributed Lag (ARDL) approach cointegration ECM-based Granger causality test examine linkage. ...

This study examined the relationship among cash crop exportation, real exchange rate, nominal and volatility. focuses on effects of rate exportation in Nigeria. covers a four-decade period between, 1980 2020. The used pairwise granger, Distributive Lag (ARDL) bounds testing approach to co-integrate long-run variables. outcome shows that there is unidirectional causality between production long ...

Understanding the influence of export volume in improving a country’s clean energy consumption requires systematic search method to characterize crucial role ensure environmental sustainability. The present study employed an autoregressive distributed lag (ARDL) bounds testing approach and vector error correction model (VECM), by using data from 1985-2018. analysis revealed that long-run incr...

Abstract This paper examined the impact of fiscal deficit on inflation in Namibia. The employed Autoregressive Distributed Lag Model (ARDL) and Granger causality approach using quarterly data for period 2002 - 2017. Empirical results showed evidence a long run positive effect suggests that has direct study also found unidirectional running from to confirmed South Africa’s prices have key policy...

The study examines the absorptive role of financial development in remittance-growth nexus Nigeria between 1986-2017. In particular, shortrun, long-run, and causal links remittances, development, economic growth are investigated using an autoregressive distributed lag bounds test vector error correction Granger causality. result shows that remittances contribute positively to growth. Furthermor...

This study aims to examine the effect of investment and consumption spending on Indonesia’s economic growth. The data used is the quarterly time series data from the first quarter of year 2003 to the fourth quarter of year 2013, comprising consumption spending, investment and economic growth. For the purpose of analysis, the autoregressive distributed lag (ARDL) model is used. The result of the...