Bir ülkenin yaşam standardı ve büyümesindeki yükseliş enerji tüketimini artırmakta tüketimin ihtiyacının artması da ekonomik büyümeyi etkilemektedir. Her ülke kendi gelişmişliğine göre farklı tepkiler sergilese de, çalışmalar tüketimi büyüme etkileşiminin oldukça kuvvetli olduğunu desteklemektedir. 1970-2015 dönemine ait verileri kullanılarak yapılan bu araştırmada, ikilisi üzerine inceleme yap...

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...

the purpose of present paper was to examine the relationship between central bank independence and inflation rate in iran over 1960-2008. first, central bank independence has been accomplished through three indices including legal and real cbi indices and turnover rate of central bank governor index. then, augmented dickey-fuller test for model stationary of variables has been done by applying ...

This study proposes a new approach for testing random walk behavior in daily Bitcoin returns (19/07/2010–03/03/2022) by contextualizing the Dickey-Fuller test time-frequency space using continuous complex wavelet transforms. By splitting our full sample into smaller sub-sample periods segregated halving dates, we find that are most predictable or least market efficient (i) at higher frequency s...

Abstract The current study extends the previous literature by exploring effects of a newly discovered driver, i.e., import taxes (as proxy for commercial policies), on consumption-based carbon emissions (CCO2e) 1990Q1-2017Q4. For empirical analysis, several tests and methods, including Augmented Dickey–Fuller unit root test, Zivot–Andrews asymmetric cointegration bound testing approach, non-lin...

The present study investigates the efficiency of Bitcoin futures in price discovery process by assessing lead-lag relationship between and spot prices Bitcoin. tests whether market is leading mechanism for market. considers daily closing both future indices from December 12, 2017 to 31, 2020. stationarity two time-series variables tested using Augmented Dickey-Fuller test while long-run co-inte...

In this study, the performance of Autoregressive Integrated Moving Average (ARIMA) and Artificial Neural Networks (ANNs) models was investigated evaluated using daily confirmed cases COVID-19 in Nigeria. The stationarity status data collected established Augmented Dickey Fuller unit root test. residual normality test also carried out with plots indicating adequacy fitted ARIMA model. results ne...

In this paper, we consider a framework adapting the notion of cointegration when two asset prices are generated by driftless Itô-semimartingale featuring jumps with infinite activity, observed regularly and synchronously at high frequency. We develop regression based estimation cointegrated relations method show related consistency central limit theory there is within that framework. also provi...

The objective of this study is to analyse the constitution emerging Montenegrin stock exchange. Four methodological time-series econometric steps are involved: augmented Dickey–Fuller (ADF) test, run autocorrelation function (ACF) and Hurst test. utilises a daily data vector from 5 January 2004 20 June 2023, with specific focus on period encompassing growth peak market stocks in 2007, followed ...

The nexus between foreign direct investment and economic growth has long been among the most debated issues in macroeconomics. Some studies find a positive link two factors, but others no evidence. This current research fills gap by analysing causal Indonesia for period 1970-2018. as developing country is one of largest recipients FDI flow; hence study on impact very much important. employs con...