Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 10 of 10 for “"Cointegration Approach"”.
-
The nexus between social spending and economic growth in South Africa: a cointegration approach
… distributed Lag (ARDL) econometric modelling approach is employed to estimate the impact of disaggregated government social spending on economic growth (growth model), income inequality (Gini model) and household consumption expenditure (consumption model). Therefore, the three models utilise …
-
Import demand with domestic price endogeneity : the South African case
… currency depreciation. The Johansen multivariate cointegration approach is used to estimate the import demand model as it accounts for nonstationary data and allows simultaneity between the variables. Prior to its use, the "small country assumption", which allows for import price exogeneity, is …
-
Current account deficits and sustainability: evidence from South Africa
… Africa using stationarity and coin tegration approaches to assessing intertemporal solvency - where intertemporal solvency implies current account sustainability. The contribution in this paper are four-fold. First, we consider a key emerging market, South Africa, that runs persistent current …
-
Analysising the effects of budget deficit dynamics on macroeconomic variables in Namibia
… Lag Model (ARDL) and Bounds test for the cointegration approach using time series annual data for the period 1990 – 2018. The cointegration results confirm the presence of a long run relationship among variables in all models. In order to capture the short run effects of the budget …
-
Investigating the effects of government expenditure and money supply on unemployment in Namibia
… to 2018. The study applied the ARDL or bound cointegration approach which is said to be more appropriate for the estimation of small sample studies and variable combination of the order of integration (I (0) and I (1)). Granger causality tests were also performed in the study to establish …
-
Government expenditure and growth in Libya.
… 1962-1992 and estimated using the Johansen approach. The model reflects the Libyan institutional environment relevant to the observation period. The model links public finances to the monetary sector, the real sector, the role of foreign trade and the balance of payments, and the labour …
-
Demand for money in China
… demand functions, the Engle-Granger two-stage cointegration method (EGTS), Phillips-Hansen cointegration approach, Pesaran et al. (2001) ARDL cointegration procedure along with CUSUM and CUSUMSQ stability tests and Johansen Multivariate Cointegration procedures are employed. Granger Causality …
-
Does the inclusion of climate variables improve tourism demand forecasting performance?
… data from 1994Q1 to 2017Q4. The bounds test cointegration approach is applied to assess the long-run relationships between tourism demand and its influencing factors and to evaluate the impact of climate on tourism demand. Individual tourism demand forecasts are generated through both causal …
-
An econometric analysis of international tourism demand in Hong Kong : a cointegration and error correction approach
… tourism demand. To this end, we test alternative cointegration and error correction approaches to examine the economic determinants of tourist flows to Hong Kong, and to produce accurate econometric forecasts of inbound tourism demand. Our empirical findings show that permanent income is the most …
-
Financial development and economic growth – the role of mobile money: empirical evidence from Sub-Saharan Africa and a comparative study of Kenya and Uganda
… along with the Johansen and Juselius (1990) cointegration approach and the Vector Error Correction Model (VECM), to address potential endogeneity concerns inherent in the finance-growth relationship. The Granger causality test results for Sub-Saharan Africa (SSA) and Uganda reveal …