Autoregressive distributed lag approach

This paper focuses on exploring the dynamic relationship between real estate prices, government budget, and economic growth in the case of an emerging economy. Using quarterly data covering in the period of Q1/2008 to Q4/2018 with approximately 44 observations and applying the Autoregressive Distribution Lagged (ARDL) approach, results reveal that, in both the short-run and long-run, economic growth is highly affected by fluctuations of the present, and past economic growth. Besides, there exists a long-run relationship between government budget and economic growth.

9p longtimenosee06 27-03-2024 8 1   Download

The objective of this study is to examine the impact of macroeconomic factors on the performance of Vietnam Consumer Staples sector through its stock index in the period of January 2009 to December 2019. By using the Autoregressive Distributed Lag (ARDL) approach, the study examines the long-term relationship between macro factors and the Vietnam Consumer Staples stock index by the Bound and using error correction model (ECM) according to ARDL approach to determine short-term effects between them.

21p nhanchienthien 25-07-2023 10 4   Download

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

The present study aims to examine the short-run and long-run impact of China’s trade liberalization policies on its energy demand over the period from 1980 to 2018. The results of Autoregressive Distributed Lag approach of co-integration show that energy consumption significantly increases as a result of trade openness and increase in real Gross Domestic Product (GDP). The results of the granger causality test also confirm the unidirectional causality running from trade openness and real GDP to energy demand.

7p mynguyenha 21-07-2021 18 2   Download

This paper assesses the effect of coal energy production volume, exchange rate, inflation and gross domestic product on the volume of Indonesia's coal energy exports in 1998-2019. Based on an Autoregressive Distributed Lag (ARDL) approach, in the short run, we find that the coal energy production volume, exchange rate, and gross domestic product has a negative relationship to Indonesia's coal energy exports. However, on the other hand, inflation has a positive relationship to Indonesia's coal energy exports.

7p mynguyenha 21-07-2021 16 2   Download

Concerned by the environmental and economic threats posed by fossil fuels as the source of energy, this study uses the case of Nigeria economy to understand the extent to which economic growth and carbon emissions matters for renewable energy demands. Exploring both the linear and nonlinear ARDL modelling framework, the main empirical findings are that the amplified responsiveness of the consequence of climate change has led to increase in the demand for renewable energy particularly when the underlying source of the emissions is attributable to activities in the transport sector.

7p caygaocaolon11 18-04-2021 10 1   Download

This study investigated the impact of oil Petroleum production on economic growth in the Gulf Cooperation Council countries using panel autoregressive distributed lag model covering the period from 1960 to 2018. The results indicated that oil Petroleum production have significant positive impact on economic growth in both the long-run and the short-run period, also results show that variables are Co integrated by using the pool mean group (PMG) method. Panel Causality Test indicates that there is a causal relationship between Oil production and economic growth.

7p caygaocaolon11 18-04-2021 20 2   Download

This study tests the environmental Kuznets curve (EKC) while examining the role of renewable energy sources and FDI to potentially effect the amount of CO2 emissions in Vietnam. Using Autoregressive Distributed Lag (ARDL) approach, the relationship between CO2 emissions and GDP, FDI and sources of energy consumption has been investigated during 1980-2018 in Vietnam. The results of study reveal that there is non-existence EKC for Vietnam in long run and a sign of inverted U- shape in short run in this period.

9p nguaconbaynhay10 22-02-2021 23 2   Download

This paper aims to examine the effect of crude oil price volatility, the internet, and inflation on economic growth in ASEAN-5 countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand). To test this effect, we use the panel Autoregressive Distributed Lag model and panel data with annual time series for the period from 1995 to 2018. The test results show that only the internet affects economic growth in the long run, and this effect is positive.

7p nguaconbaynhay10 22-02-2021 23 4   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

This study examined the stimulation of foreign direct investment (FDI) inflows through constant electricity power supply for economic growth in Nigeria, by engaging time series data sourced from the world development indicators (WDI) for the period 1986-2017 and employed the Autoregressive distribution lag econometric approach to co-integration. The gross domestic product growth rate per capita was the proxy for economic growth and the dependent variable, while the independent variables include FDI, labour force participation rate, gross fixed capital formation and electricity power supply.

5p kethamoi7 15-08-2020 26 3   Download

In this study, we analyzed the Environmental Kuznets Curve (EKC) hypothesis in the context of Bahrain in the presence of financial development. For this purpose, this study developed the quadratic model where carbon emission depends on economic growth (GDP), a square of economic growth (GDP2 ) and supporting variables are energy consumption, financial growth and trade Liberalization. For this purpose, using the annual time series data of Bahrain from 1980 to 2018 taken from the World Bank database. The Autoregressive distributive lag (ARDL) approach has been used.

8p kethamoi7 15-08-2020 24 2   Download

The aim of following study was to examine the relationship between energy consumption and economic growth in Indonesia. This study has used quantitative research design for assessing the energy consumption and its link with economic growth in Indonesia for the period of 2000-2019. The independent variable in this study was energy consumption whereas; dependent variable was economic growth in Indonesia .

7p kethamoi7 15-08-2020 18 2   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 authors use the approach of autoregressive distributed lag model and Vietnam’s macro data in the period of 1990-2016, to evaluate the short and long-term effects of public investment on economic growth and private investment. The model evaluates the impact of public investment on economic growth and private investment based on the neoclassical theories. The public investment which strongly affects economic growth is also reflected by aggregate supply and demand.

18p nguathienthan5 03-06-2020 24 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

This study aims at investigating the impact of globalization on CO2 emission in Vietnam. Empirical analysis is performed by employing autoregressed distributed lag approach on time series data for the period of 1990 to 2016.

14p tohitohi 22-05-2020 17 1   Download

Literature abound justifying that industrialization is a pathway to economic development and growth. Whereas linkage between financial development and economic growth has long been a subject of intense scrutiny, not much has been done to examine the link between financial development and industrial growth. Using an aggregate production framework and autoregressive distributed lag (ARDL) cointegration technique for Nigerian time series data covering the period 1970 to 2009, the paper finds a cointegration relationship between financial sector development and industrial production.

20p nguyenminhlong19 21-04-2020 27 0   Download