The aim of this research is to look at the relationship between economic growth and unemployment in Liberia from 2001 2019. To investigate association Gross Domestic Product (GDP), unit root test Augmented Dickey-Fuller (ADF) Co-integration were used. Auto Regressive Distribution Lag (ARDL) bounds used decide if variables have a long run linkage. ARDL model findings indicate that there no long-...

This study examines the causal relationship between stock price and interest rate, using monthly data for the period from January 2007 to December 2013. All Share Price Index (ASPI) in Colombo Stock Exchange is used for the stock prices and the details on interest rate have been collected from the data released by the Central Bank of Sri Lanka. Augmented Dickey Fuller test was used to find out ...

This study examined the effect of foreign capital inflows on economic development in Nigeria. The adopted Augmented Dickey–Fuller (ADF), Bound Test and Autoregressive Distributed Lag to analyze yearly data sourced from Central Bank Nigeria (2019). ARDL result revealed long run relationship between coefficients that direct investment had positive but insignificant per capita income (c=0.056; p=0...

Our paper examines the impacts of monetary and fiscal policies on Borsa Istanbul (BIST) performance in Turkey. In established model, government expenditures, tax revenue, budget deficit, money supply (M2), interest rate, gdp growth rate included as independent variables BIST stock market capitalisation dependent variable for last 25 years (1995 to 2020). Firstly, Augmented Dickey - Fuller (ADF)...

In this paper alternative approaches for testing the unit root hypothesis in panel data are considered. First, a robust version of the Dickey-Fuller t-statistic under contemporaneous correlated errors is suggested. Second, the GLS t-statistic is considered, which is based on the t-statistic of the transformed model. The asymptotic power of both tests against a sequence of local alternatives is ...

This paper focuses on Indo-Iranian merchandise trade for a period of 30 years from1980-81 to 2009-10. The study is based on econometric modeling comprising 3 versions of the RWM model and alternative forms and specification of regression functions. RWM model(s) evaluates the stationary nature of time series data relating to GNP, Exports, Imports and total merchandise Indo-Iranian trade. Dickey-...

Objectives: The main objective of this study is to investigate the impact fiscal policy tools on unemployment rates in Jordan during period 1986-2019.
 Methods: estimated two models; first consists tax revenues and aggregate government expenditure as independent variables, second addition capital current expenditures explanatory variables.
 Results: variables are integrated at differe...

This study analyzes the validity of uncovered interest rate parity for Brazil, India, Indonesia, South Africa, and Turkey, which are grouped as The Fragile Five countries within literature. econometric analysis section benefits from unit root tests, a common method that researchers have started to utilize recently. For this reason, we used Dickey Fuller (1979), Augmented (1981), Philips Perron ...

This study aims to examine the short-term and long-term relationship between WTI oil prices renewable energy production considering U.S. crude production, world prices, other domestic global factors. We employ several time-series analysis techniques, including augmented Dickey-Fuller test Phillips-Perron for unit roots; is examined using fully modified OLS (FMOLS) Park’s canonical cointegration...