JEL classification: C51 C52 G11

The present study aims to examine the short-run and long-run impact of China’s trade liberalization policies on its energy demand over period from 1980 2018. results Autoregressive Distributed Lag approach co-integration show that consumption significantly increases as a result openness increase in real Gross Domestic Product (GDP). granger causality test also confirm unidirectional running GDP...

a r t i c l e i n f o JEL classification: F1 F4 Q43 N75 Keywords: Oil price shock Trade balance VAR Granger non-causality test Gregory-Hansen cointegration test This study aims to examine whether a large part of the variability of trade balances and their oil and non-oil components is associated with oil price fluctuations. The long-run causality running from oil price to overall, oil and non-o...

JEL Classification Numbers: E 31, E 52

Brain effective connectivity aims to detect causal interactions between distinct brain units and it is typically studied through the analysis of direct measurements of the neural activity, e.g., magneto/electroencephalography (M/EEG) signals. The literature on methods for causal inference is vast. It includes model-based methods in which a generative model of the data is assumed and model-free ...

This study empirically re-examines the relationship between transport infrastructure and economic growth in India for period 1990–2017. Multivariate dynamic models are applied to estimate different modes of namely road, rail air transports vector error correction model framework. The results reveal that road have significant positive contribution long-run while is insignificant. further examine...

This article contributes to the debate on efficacy of traditional forms education versus vocational training. The effects technical (leading an engineering degree or diploma) and training in performance Indian firms are analysed using regression models based Cobb–Douglas production function, enhanced incorporate Instrumental variable approach is used establish direction causality. It found that...

The author of this article argues that Hayek´s methodological outlook at the time he engaged in business cycle research was actually closer to praxeological apriorism than Popperian falsificationism. A consideration Duhem thesis highlights fact even from a mainstream perspective falsificationism is more problematic often realized. Even if and lines argumentation reject emphasis on falsification...

Available online 19 September 2012 JEL classification: C72 D72 D74