In 2002, Norway experienced a large outbreak of Pseudomonas aeruginosa infections in hospitals with 231 confirmed cases. This fuelled intense public and professional debates on what were the causes and who were responsible. In epidemiology, other sciences, in philosophy and in law there is a long tradition of discussing the concept of causality. We use this outbreak as a case; apply various the...

The present study investigates the cointegration relationships among crude oil price, domestic gold price and selected financial variables (exchange rates and stock price indices) in India. Increasing crude oil prices will increase the production costs which will affect cash flow and will decrease stock prices. Investors are showing fewer concerns in the stock markets and investing in yellow me...

This paper examines the linear and nonlinear relationship between daily confirmed COVID-19 cases sectoral stock market volatility in India. The Granger causality test reveals bidirectional causality. Further, we observe that exists . implies historical lagged information can have a significant role predicting market.

this paper investigates the relationship between total energy consumption and gdp in six countries of the middle east , including iran,pakistan,saudi arabia,oman,bahrain and the united arab emirates. the data are annual and spanning the period 1980-2012.we employed hsiao’s (1981) methodology to examine causality relation between total energy consumption and gdp.the empirical findings show a uni...

The paper provides an overview of theoretical and methodological aspects of approaches used to test the interaction between energy use and economic development, and discusses the appropriateness of drawing policy conclusions on the basis of energy-economy Granger causality tests. Methodological issues, arising from the number and type of variables or the test methods used, are outlined. Problem...

This paper studies bank loans over the business cycles in Iran to determine the role of Iranian banks in stabilizing credit. By estimating the long-run relations using dynamic OLS and fully modified OLS estimators, the findings show that real bank lending is positively related to real GDP in the long-run providing evidences of the pro-cyclicality of bank lending in Iran. Hence, Iranian banking ...