Given the role renewable energy is likely to play in the context of sustainable development, it is important to understand the relationship between renewable energy and economic growth. Therefore, this paper examines the relationship between renewable energy consumption and economic growth in a panel of sub-Saharan Africa countries from 1990-2011. Using a production function framework, the depe...

Using panel data, this paper tests whether public and private capital have a positive and significant effect on aggregate output and labor productivity for Mexico during the 1960-2001 period. The richer information set made possible by the sectorial data enables this study to utilize the methodologically sound “group-mean” Fully Modified Ordinary Least Squares (FMOLS) procedure developed by Ped...

Bu çalışmanın iki temel amacı bulunmaktadır. Bunlardan ilki Türkiye ekonomisinde 1990-2019 örneklem döneminde gümrük ve lojistik, enerji tüketimi, ticari küreselleşme ekonomik büyüme ilişkisini test etmektedir. İkinci amaç ise söz konusu ilişkinin hem ARDL sınır testi de FMOLS, CCR tahmincileri ile sınamak bulguların güvenilirliğini ortaya koymaktır. bulguları adı geçen değişkenler arasında uzu...

Africa has been received an important amount of foreign aid for several decades; however, it is among the poorest regions in world. This study examines relationship between aid, economic growth and governance African region period 1996-2014. On fully applying both technique DOLS FMOLS. In first stage this study, we examine effet on growth. second stage, assess intermediary role institutions For...

Recently, much attention is given to financial-growth nexus, but largely via the physical capital accumulation channel. This study differed by examining this nexus, via the human capital accumulation channel in the ECOWAS region. It employed panel cointegration approaches as well as the FMOLS, DOLS. The results revealed that bank private credit and domestic private credit contribute significant...

Using panel data, this paper tests whether public and private capital have a positive and significant effect on aggregate output and labor productivity for Mexico during the 1960-2001 period. The richer information set made possible by the sectorial data enables this study to utilize the methodologically sound “group-mean” Fully Modified Ordinary Least Squares (FMOLS) procedure developed by Ped...

This study aims to test the validity of tourism-led growth hypothesis. For this purpose, ten countries with highest tourism income (USA, China, Australia, France, Italy, England, Spain, Germany, Japan, Thailand) are included in analysis covering period 1995-2018. Pedroni cointegration, panel Dynamic Ordinary Least Square (DOLS) and Fully Modified (FMOLS) methods utilized by using economic growt...

Turkey faces increasing CDS (Credit Default Swap) spreads. The level of spreads shows the riskiness a country in terms credit default and countries can’t attract high foreign investment inflows when are high. In this context, need to identify influential factors order decrease study, ten independent variables classified global, macro, market analyzed using monthly data between January 2004 Dece...