ARDL bound testing approach

This paper investigates the effect of financial development to economic growth in Vietnam for the period 1990 – 2017. Using the Autoregressive Distributed Lag (ARDL) Bounds test approach, we find that financial development has a long-run positive impact on the growth of economic. Besides, the error correction model indicates that although there exists the disequilibrium in the relationship between financial development and economic growth in the short-run, the economy will converge back to the longrun equilibrium in the current year.

8p vihassoplattner 07-01-2022 14 2   Download

This paper examines this issue in the case of Vietnam by applying the bounds testing (ARDL) approach to cointegration for the period from 1990 to 2017. ARDL approach is used to along with ECM to find out the long run relationship and short-run dynamics between the selected variables. The empirical results indicate a strong relationship between FDI and economic growth in Vietnam.

10p huyetthienthan 23-11-2021 37 4   Download

This paper applied the ARDL bounds test approach and the VECM test technique to examine the long run relationship and direction of causality between renewable energy consumption and economic growth in Argentina. Quarterly time series data was employed in this study covering a period between 1990 and 2018. Trade openness, capital and employment were included in the study to form a multivariate framework. The results established that there is a long run relationship between the variables.

8p caygaocaolon11 18-04-2021 13 1   Download

The research showed that the increase in national income met people's demand for goods and eased inflationary pressures. The results support the view of monetarism and help the government formulate economic policies in a prudent manner to control inflation in China.

8p nat_qb73 21-02-2021 6 1   Download

– The study explores the relationship among economic growth, population growth, gross savings and energy consumption over the period 1987-2017. The autoregressive distributed lag (ARDL) bounds test approach by Pesaran et al. (2001) was employed to investigate variables for the study.

16p trinhthamhodang9 10-12-2020 18 2   Download

To capture the effect of support price on wheat production, the authors estimated the long-run linkage by using the ARDL bounds testing approach to cointegration.

14p nguathienthan5 03-06-2020 17 1   Download

Autoregressive Distributed lag (ARDL) “Bound Test” approach is employed for the investigation in this study. Both short-run and long-run coefficients are providing strong evidence of having positive significant association between electricity consumption and GDP. Our long-run results remain robust to different measurements and estimators as well. The study reveals the unidirectional causal flow running from per capita electricity consumption to per capita real GDP in the short run.

14p nguathienthan5 03-06-2020 23 1   Download

The main aim for the current paper is to shed some light on some macroeconomic variables that affect the portfolio investment in one of the Middle East countries (Bahrain) for the period 1989-2018. Autoregressive Distributed Lag (ARDL) test was employed.

8p kelseynguyen 26-05-2020 15 0   Download

Empirical researches on the nexus between renewable energy supply and economic growth have been neglected. To address this gap, this study aims to examine the relationship between hydropower energy supply (HES) and economic growth within a multivariate model for the 1978-2017 period. This study utilized the auto regressive distributive lag (ARDL) bounds approach to testing for cointegration relationship; and the Granger causality test, based on the vector error correction model (VECM) to test for causality.

10p partimesinhvien 13-05-2020 25 1   Download

This paper aims at examining impacts of oil shocks on Vietnam’s balance of trade and causal relationship between the balance of trade and relevant macro factors. Bound testing approach and ARDL are applied to data from Quarter I of 1999 to Quarter IV of 2011.

15p danhnguyentuongvi27 18-12-2018 34 0   Download