This paper investigates the endogenous money supply hypothesis in Iran. To this end, we attempt to find causality directions between bank credits and money aggregates. Utilizing Diks and Panchenko’s (2006) nonparametric Granger causality test for the time series data over the period 2006:04-2018:12 confirms the existence of a significant causality running from bank credits to money aggregates. ...

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...

This paper uses Granger causality test techniques to investigate the causal order of the air-sea interactions between the anomalous NAO index and the NCAR/NCEP SST anomalies over the northern hemisphere. Compared to the simple lead/lagged correlation, the Granger causality analysis is generally more reliable since it ensures that any apparent oceanic influence upon the atmosphere is uniquely pr...

This presentation provides a demonstration of how Granger causality (GC) can be applied to MEG data to visualize dynamic functional connectivity and causality between cortical regions on a millisecond time scale. GC is derived from autoregressive models and provides directionality information. We apply the GC technique to dynamic statistical parameter map source space to demonstrate that the dy...

The interrelationship between international stock markets has been a key study area among the financial market researchers for international portfolio management and risk measurement. The characteristics of security returns and their dynamics play a vital role in the financial market theory. This study is an attempt to find out the dynamic linkages among the equity market of USA and emerging ma...

The paper examines the causal relationship between foreign direct investment (FDI) and economic growth for selected Asian economies covering the period from 1981-2008. The study has been done for China, India, Pakistan, Sri Lanka, Indonesia, Malaysia, Philippines, Singapore and Thailand. Using Granger-causality, it has been observed that for the countries like China, India, Pakistan, Sri Lanka,...

this world; though all the discussions are focused on the causal relationships in allthe scientific arguments. One of the methods to study the designed causal relationshipsobjectively is Granger causality test. This paper aims to investigate the longtermcausal relationship between the stock price and dividends. The statisticalpopulation includes 180 active companies in Stock Exchange of Tehran ...

The development of port logistics and regional economy presents a linkage relationship. This paper resorted to the commonly used econometric software, namely Eviews, to undergo some empirical analysis. One of its applications, known as the Granger Causality Test, is to provide evidence about the direction of causality in economic relationships. The competitiveness of port city logistics evaluat...