The present work aimed to examine the association between Corporate Social performance (CSP) and corporate financial (CFP) taking into account social irresponsibility. Here, we used a sample of French non-financial firms listed on SBF 120 2011 2016. Our findings provided evidence that responsibility (CSR) irresponsibility (CSI) exert opposite effects CFP. Using an estimation vector autoregressi...

This paper examined the relationship between economic growth, inflation, stock market development, and banking sector development for a panel of sixteen high-income countries period from 2001 to 2016, by using mechanism impulse response functions Granger causality tests derived vector autoregressive model. The evidence bidirectional all variables in model was found. Overall, feedback supply-lea...

Technological innovation has an important impact on environmental pollution. In this paper, first, we analyze the influence mechanism of technological pollution and then design index system innovation. Then, use entropy method to calculate level different regions in China based provincial panel data from 2004 2016. Finally, vector autoregression model (PVAR) is adopted, taking discharge sewage,...

Using a nonstationary, bivariate autoregressive process with iid innovations, this paper shows that the bootstrap vector autoregressive causality test is inconsistent in general in the sense that its weak limit is di¤erent from that of the original causality test.

This paper proposes a new unit root test in the context of a random autoregressive coefficient panel data model, in which the null of a unit root corresponds to the joint restriction that the autoregressive coefficient has unit mean and zero variance. The asymptotic distribution of the test statistic is derived and simulation results are provided to suggest that it performs very well in small s...

This paper investigates the asymptotic theory for a vector autoregressive moving average–generalized autoregressive conditional heteroskedasticity ~ARMAGARCH! model+ The conditions for the strict stationarity, the ergodicity, and the higher order moments of the model are established+ Consistency of the quasimaximum-likelihood estimator ~QMLE! is proved under only the second-order moment conditi...

This paper elaborates on the Italian North–South divide by endorsing a Kaldor–Verdoorn perspective. To assess endogenous relationship between labour productivity, capital accumulation and output growth, panel structural vector autoregressive (P-SVAR) modelling is applied to 1980–2017 data macro-regions areas. Findings show that territorial disparities exist in both Verdoorn effects throughout c...