The study suggests that the construction sector plays a leading role in the improvement of socioeconomic conditions and the built environment in every country. The study revealed that the construction sector remains as one of the key sectors in the economy in terms of its share of GDP (i.e. 9.1% for 19932011 period) and the overall industrial output( i.e. 35.9% for 1993-2011 period). Also, the ...

Branchial resistance decreases as cardiac output and oxygen consumption increase during exercise in trout (Stevens & Randall, 1967a, b; Stevens, 1968a, b) so blood flow rises to a much greater extent than blood pressure. Similar changes also probably occur during real or CO-induced anaemia (Cameron & Davis, 1970; Holeton, 1971) but not during hypoxia (Holeton & Randall, 1967a, b). A large numbe...

This paper focuses on the application of modern econometric techniques to a model of the demand for private housing in Ireland. The paper will firstly outline the theoretical econometric framework in order to explain the concept of cointegration within an economic model framework. The Johansen method for analyzing economic models is demonstrated and it is shown how the method can be applied to ...

The study examines the relationship between internal debt, external and economic growth in Nepal. Debt plays a crucial role capital formation that contributes to growth. Therefore, this aims examine influence of debt on Nepal's mid-July 1975 2022, utilizing Ordinary Least Square method determine variables, Augmented Dickey-Fuller techniques test for unit root, Granger causality establish causat...

This research study examined the effect of foreign remittances and economic growth on poverty in Pakistan. Annual time series data was analyzed for the time period 1978 to 2010. Augmented Dickey-Fuller and Philips-Perron confirmed the problem of non-stationarity at level. This problem was eliminated by taking first difference of all variables. Johansen-juselius co-integration test was applied f...

This study investigated the export-led growth hypothesis in Nigeria. The examined long-run and short-run equilibrium relationships between exports; imports economic over period. used Johansen co-integration technique, granger causality, vector error correction mechanism analysis of data. variables were found to have same order integration empirical evidence strongly suggested existence relation...

Accepted 6 May 1997 Summary The British Geriatrics Society has described 16 training objectives for senior house officers (SHOs) in geriatric medicine. We have developed these into an audit standard, and in a controlled trial we consider the effectiveness of audit as a means of monitoring and improving SHO training. SHOs from three hospitals were sent a questionnaire asking about the adequacy o...

We re-examine Sephton and Larsen's (1991) conclusion that cointegration-based tests for market efficiency suffer from temporal instability. We improve upon their research by i) including a drift term in the vector error correction model (VECM) in the Johansen procedure, ii) correcting the likelihood ratio test statistic for finitesample bias, and iii) fitting the model over longer data sets. We...