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25 articles for “Granger Causality”

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Research ArticleOpen accessIn the keywordsA Causal Relationship between Trade, Foreign Direct Investment and Economic Growth in GreeceMelina Dritsaki, Chaido Dritsaki, Antonios AdamopoulosThis study investigates the relationship between Trade, Foreign Direct Investment (FDI) and economic growth in Greece over the period 1960-2002. The cointegration analysis suggested that there is a long-run equilibrium relationship. The results of the Granger causality test showed that there is a causal relationship between the examined variables. Economic growth, trade and FDI appear to be mutually reinforcing under … …American Journal of Applied Sciences, Vol. 1, Issue 3 · 30 Sep 2004 · 9,630 accessesView PDFCite
Research ArticleOpen accessIn the keywordsTax Revenues and Economic Growth: An Empirical Investigation for Greece Using Causality AnalysisThomas Anastassiou, Chaido DritsakiThis study examines the relationship between tax revenues and the rate of economic growth for Greece. The viewpoint that the low ratio of direct to indirect taxation promotes high economic growth has been a main subject for discussion. However, not many papers have attempted to test the above hypothesis. One of the main problems that researchers are facing is the … …Journal of Social Sciences, Vol. 1, Issue 2 · 30 Jun 2005 · 8,342 accessesView PDFCite
Research ArticleOpen accessIn the keywordsRevisiting Share Market Efficiency: Evidence from the New Zealand Australia, US and Japan Stock IndicesChristopher Gan, Minsoo Lee, Au Yong Hue Hwa, Jun ZhangThis study aims to re-examine the market efficiencies in New Zealand Stock Exchange (NZSE) and Australia Stock Exchange (ASX) stock indices to investigate whether Groenewold’s[1] findings still hold in the period after the financial liberalization (January 1990-January 2003). In addition, the study also examines whether the larger US NYSE and Japanese NIKKEI stock indices have any influence on the NZSE … …American Journal of Applied Sciences, Vol. 2, Issue 5 · 31 May 2005 · 7,966 accessesView PDFCite
Research ArticleOpen accessIn the keywordsA Causal Relationship between Inflation and Productivity: An Empirical Approach for RomaniaNikolaos DritsakisThis study attempts to analyze the relationship between the productivity and the inflation of a transition country of the European Union as Romania. For this purpose we use quarterly data since 1990: IV in 2003: I and the causality analysis, which is based on an error correction model. The results of the empirical analysis showed that there is a causal … …American Journal of Applied Sciences, Vol. 1, Issue 2 · 30 Jun 2004 · 7,094 accessesView PDFCite
Research ArticleOpen accessIn the abstractThe Role of Per Capita GDP in Intergenerational Mobility in Education: A Cross-Country StudyLida Fan, Meiying Zheng, Rong Luo, Alena AuchynnikavaThis study investigates the mechanism of how per capita GDP impacts intergenerational mobility in education. We propose an analytic framework in which per capita GDP affects educational mobility through government spending on education and other channels. Following this framework, this study conducts five-round estimations to examine the connections among per capita GDP, educational mobility, and government expenditure on education, using … …Journal of Social Sciences, Vol. 21, Issue 1 · 4 Feb 2025 · 8,194 accessesView PDFCite
Research ArticleOpen accessIn the abstractWest African Emerging Economies: Comparative Insights on Ghana’s and Nigeria’s Stock Market DevelopmentFisayo Fagbemi, John Oluwasegun AjibikeThe study examines the long-run and causal relationship between stock market development and West African emerging economies in a comparative context of Ghana and Nigeria. Based on Autoregressive Distributed Lag (ARDL) bounds test approach, the findings support the evidence of long-run cointegration between stock market development and economic growth in Ghana, whereas further evidence reveals an insignificant positive long-run impact … …American Journal of Economics and Business Administration, Vol. 14, Issue 1 · 2 Dec 2022 · 6,548 accessesView PDFCite
Research ArticleOpen accessIn the abstractFinancial Development and Economic Growth in Nepal: New intuitions from a Time Series Causality MethodUttam Paudel, Satish Chandra Bhatta, Umesh KhatriGeneralized empirical evidences about impact and direction of causality between financial development and economic growth ignoring the differences of structure and other factors seem less effective to understand the contributions of financial as well as real sector development to economic growth by country specific factors in Nepal. This paper has established the short run or long run relationship and the … …Journal of Social Sciences, Vol. 14, Issue 1 · 28 Mar 2018 · 8,474 accessesView PDFCite
Research ArticleOpen accessIn the abstractIslamic Finance Development and Economic Growth Nexus: The Case of the United Arab Emirates (UAE)Abdelghani Echchabi, Dhekra AzouziIslamic Banking presently knows a great success and new Islamic banks are opening every day all over the world. This Shari’ah (It is the bod of Islamic law, it literally means “way” or “path”) compliant banking is expected to withstand the financial crises and to enhance economic growth. In this paper, the purpose is to analyse the relationship between Islamic … …American Journal of Economics and Business Administration, Vol. 7, Issue 3 · 11 Aug 2015 · 7,304 accessesView PDFCite
Research ArticleOpen accessIn the abstractPRICE TRANSMISSION IN SELECTED MALAYSIAN FRUITS MARKETSFatimah Mohamed Arshad, Amna Awad Abdel HameedThe market for fresh produce such as fruits in Malaysia is alleged to be inefficient due to poor flow of information between market levels and uncompetitive market particularly at the wholesale and retail levels. Due to these structural problems, pricing efficiency is questionable, in that they are not integrated. This study intends to examine the cointegration and causality relationships between … …American Journal of Applied Sciences, Vol. 11, Issue 3 · 28 Dec 2013 · 7,831 accessesView PDFCite
Research ArticleOpen accessIn the abstractInflation and Financial Development: EvidenceEmmanuel Nii AbbeyThe study examined the impact of inflation on financial development in Ghana using quarterly time series data (1990-2008). It was in line with the empirical works that provided support for the proposition that inflation affects financial development negatively. While price stability has been emphasized in the literature to be the best antidote in addressing the problem, recent evidence of disagreements … …American Journal of Economics and Business Administration, Vol. 4, Issue 4 · 6 Jul 2013 · 7,912 accessesView PDFCite