This paper investigates the relationship between electricity consumption and economic growth by using Autoregressive Distributed Lag (ARDL) bounds testing approach and vector error-correction models (VECM) in Cameroon, Cote D'Ivoire, Congo, Ethiopia, Gabon, Ghana, Guatemala, Kenya, Senegal, Togo and Zambia for period 1970-2010. The ARDL results show that there is cointegration relation between ...

In this paper, we propose new tests for threshold cointegration in the autoregressive distributed lag (ADL) model. The indicators in the threshold model are based on either a nonstationary or stationary threshold variable. The cointegrating vector in this paper is not pre-specified. We adopt a supremum Wald type test to account for the so-called Davies problem. The asymptotic null distributions...

Abstract Asian countries consume approximately 90% of the world’s rice supply. Between 2007 and 2014, Thailand, Vietnam, India accounted for 60% exports rice. A nonlinear autoregressive distributed lag (NARDL) econometric model is utilized to estimate impact exchange rate fluctuations on trade in Southeast Asia. Focusing largest importing exporting country by volume, analysis considers Malaysia...

The purpose of this study is to analyze the effects economic, financial and political risks on CDS premium Turkey. For purpose, we examine asymmetric risk variables Turkey’s by employing nonlinear autoregressive distributed lag model for period 2000:10-2020:06. Our findings are two-fold. First, find that both economic have premium, while symmetric effect CDS. Second, increases in raise more tha...

This paper examines the long-run relationship between residential property prices and economic policy uncertainty (EPU) in seven Australian capital cities. Using panel nonlinear autoregressive distributed lag model, we analyse asymmetric effect of EPU on house apartment (unit) over period 2001–2021. The is found to affect negatively; however, effects positive changes are larger than those negat...