The Investment-GDP Nexus: Evidence from Middle East
سال انتشار: 1397
نوع سند: مقاله کنفرانسی
زبان: انگلیسی
مشاهده: 452
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شناسه ملی سند علمی:
MDMCONF02_103
تاریخ نمایه سازی: 13 مهر 1397
چکیده مقاله:
The present study attempts to examine the relationship between investment and economic growth for a panel of nine Middle East countries over the 1980 to 2015 periods. For this purpose, we used panel unit root test, panel cointegration test, and Panel-VECM causality. The results of panel cointegration test support the existence of long-run relationship between investment and GDP. Furthermore, the empirical finding of panel causality test reveals the causality running in both directions in short and long runs; which support the theoretical prediction about the nexus between investment and economic growth
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نویسندگان
Majid Mahmoodi
Faculty of Management, Economics and Accounting, Velayat University, Iranshahr, Iran