Long-Run economic growth

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 purpose of this research is to explore the association among energy, environment and economic growth in Latin-American countries from 1990- 2014 by using multivariate Structure. This study used number of co-integration techniques to confirm log run relationship among environment, and energy. The study findings also show the effect of the energy on environment in the long run by using FMOLS and DOLS. In addition, this research also employed the causality test to study the causal relation among the variables.

6p nguaconbaynhay10 22-02-2021 17 2   Download