International Econometric Review最新文献

Unveiling the Dynamics: Exploring the Relationship between Emerging Stock Market Prices and Macroeconomic Factors through ARDL Analysis 揭示动态：通过 ARDL 分析探索新兴股票市场价格与宏观经济因素之间的关系

International Econometric Review Pub Date : 2024-07-17 DOI: 10.33818/ier.1465359

Nihat Gümüş, Murtala Mustapha Baba

引用次数: 0

A Panel Data Analysis on the Relationship between Financial Development and Economic Growth: The Case of Asian Countries 金融发展与经济增长关系的面板数据分析：亚洲国家案例

International Econometric Review Pub Date : 2024-06-11 DOI: 10.33818/ier.1455226

İbrahim Halil Sugözü, Eriş Ünver

{"title":"A Panel Data Analysis on the Relationship between Financial Development and Economic Growth: The Case of Asian Countries","authors":"İbrahim Halil Sugözü, Eriş Ünver","doi":"10.33818/ier.1455226","DOIUrl":"https://doi.org/10.33818/ier.1455226","url":null,"abstract":"The causal relationship between economic growth and financial development is crucial for the dynamics of economic growth and the financial background it generates. However, doubts about the shape of the relationship may lead to indecision in the economic policies to be implemented. The aim of this study is to analyze and provide evidence on the relationship between the two variables in order to overcome this ambivalence. In this panel data analysis of 24 Asian countries covering the 2000-2020 period, firstly Cross-sectionally Augmented Dickey-Fuller (CADF) Unit Root Test, one of the second-generation unit root tests, and then Dumitrescu & Hurlin (2012) Panel Z_NT causality tests were applied. According to the causality test results, there is a bidirectional relationship between GDP and financial development. In addition, gross fixed capital formation (GFCF), which is included in the model as a control variable, is also found to have a bidirectional relationship with both variables. Thus, the evidence supporting the interaction view that combines supply and demand side theories reveals the importance of taking both variables into account in economic policy decisions.","PeriodicalId":32692,"journal":{"name":"International Econometric Review","volume":"3 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141357826","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analyzing Common Market Options in the Scope of OIC 分析伊斯兰会议组织范围内的共同市场选择

International Econometric Review Pub Date : 2023-08-31 DOI: 10.33818/ier.1282596

Cemaleddin Gulenay, Ibrahim Guran Yumusak

引用次数: 0

Gibson Paradox: Panel Data Analysis on ASEAN-T Countries 吉布森悖论:东盟-东盟国家的面板数据分析

International Econometric Review Pub Date : 2023-06-22 DOI: 10.33818/ier.1183955

Seçkin Kabak, Tuğçe Dallı

{"title":"Gibson Paradox: Panel Data Analysis on ASEAN-T Countries","authors":"Seçkin Kabak, Tuğçe Dallı","doi":"10.33818/ier.1183955","DOIUrl":"https://doi.org/10.33818/ier.1183955","url":null,"abstract":"The existence of a long-term positive relationship between the nominal interest rate and the general price level is called the Gibson paradox in the economics literature. In other words, according to this paradox, high prices are the result of high interest rates. Studies on this paradox in the literature gained momentum after the work of Gibson (1923). The main purpose of this study is to test whether Gibson paradox is valid for ASEAN-T countries with quarterly data of 1993:Q1-2019:Q4. In this context, short and long term interest rates and consumer price index variables were used in the study. In the study, in which panel data analysis was carried out, it was first analyzed whether there was a cross-section dependency. Because of the cross-section dependency in the series, the CADF unit root test, one of the second generation panel unit root tests, was used. Panel ARDL (Autoregressive Distributed Lag) bounds test was carried out due to the different stationarity levels of the series. According to the panel ARDL bounds test findings, there is a positive relationship between the long-term interest rate and the consumer price index in both the short and long run. Therefore, the Gibson paradox is valid in the ASEAN-T countries in the examined period.","PeriodicalId":32692,"journal":{"name":"International Econometric Review","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69690293","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Investigating the Causal Relationship between Renewable Energy Consumption and Life Expectancy in Turkey: A Toda-Yamamoto Causality Test 土耳其可再生能源消费与预期寿命的因果关系调查：Toda-Yamamoto因果关系检验

International Econometric Review Pub Date : 2023-06-22 DOI: 10.33818/ier.1264805

Ekrem Yilmaz, Fatma Sensoy

{"title":"Investigating the Causal Relationship between Renewable Energy Consumption and Life Expectancy in Turkey: A Toda-Yamamoto Causality Test","authors":"Ekrem Yilmaz, Fatma Sensoy","doi":"10.33818/ier.1264805","DOIUrl":"https://doi.org/10.33818/ier.1264805","url":null,"abstract":"This study examines the causal relationship between renewable energy consumption and life expectancy in Turkiye using the Toda-Yamamoto causality test. By analyzing data from 1990 to 2019, the study explores the relationship between these variables. The results of the Toda-Yamamoto causality test indicate that there is no Granger causality relationship from renewable energy consumption to life expectancy, indicating that renewable energy consumption does not have a significant impact on life expectancy in Turkiye. However, the study found a Granger causality relationship from life expectancy to renewable energy consumption, suggesting that improving life expectancy could lead to an increase in renewable energy consumption in Turkiye. This study is significant as it provides insights into the relationship between renewable energy consumption and life expectancy in Turkiye. The results highlight the importance of considering factors other than renewable energy consumption when examining public health outcomes. The study's findings can inform policymakers in developing energy policies that prioritize public health outcomes and promote sustainable energy practices.","PeriodicalId":32692,"journal":{"name":"International Econometric Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48523716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Wellbeing Consequences of Unemployment and Working with a Job Dissatisfaction in Turkey 土耳其失业和工作不满对健康的影响

International Econometric Review Pub Date : 2023-04-07 DOI: 10.33818/ier.1201608

Z. Ugur

{"title":"Wellbeing Consequences of Unemployment and Working with a Job Dissatisfaction in Turkey","authors":"Z. Ugur","doi":"10.33818/ier.1201608","DOIUrl":"https://doi.org/10.33818/ier.1201608","url":null,"abstract":"This study aims to answer the following two questions. First, are the unemployed unhappy compared to the employed? Second, are unemployed individuals even unhappier compared to people who are unsatisfied with their job? We utilize the the Life Satisfaction Survey’s individual level data between 2004-2020 period. The LSS survey is a nationally representative survey with more than 324,000 observations in 17 years. Firstly, after controlling for household income, the unemployed have a considerably lower wellbeing than the employed. However, compared to employed people who are dissatisfied with their job, the unemployed’s wellbeing is statistically significantly higher. Thus, it appears that unemployment is a negative life event in Turkey as in elsewhere, but so is working in a toxic job. Moreover, we find strong gender effects as males and particularly married males suffer more from unemployment. Also, a quarter of the unemployed report that they feel social pressure due to unemployment. These findings suggest that social approval plays some role in the impact of unemployment. Our findings imply that societies similar to Turkey in terms of labor market would be better off with some unemployment insurance program as it signals to potential quitters that some unemployment is tolerated by society.","PeriodicalId":32692,"journal":{"name":"International Econometric Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46699695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

REVIEWING THE RELATIONSHIP BETWEEN DIVIDEND AND FREE CASH FLOW OF NON-FINANCIAL FIRMS OF KSE 100 沪深100指数成分股非金融企业股利与自由现金流的关系研究

International Econometric Review Pub Date : 2023-03-30 DOI: 10.33818/ier.1227924

Saad Ullah Mughal, Muhammad Muddasi̇r

引用次数: 0

Analyzing the trend in COVID-19 data: The structural break approach COVID-19数据趋势分析:结构断裂法

International Econometric Review Pub Date : 2023-02-27 DOI: 10.33818/ier.889467

Nityananda Sarkar, Kushal BANİK CHOWDHURY

{"title":"Analyzing the trend in COVID-19 data: The structural break approach","authors":"Nityananda Sarkar, Kushal BANİK CHOWDHURY","doi":"10.33818/ier.889467","DOIUrl":"https://doi.org/10.33818/ier.889467","url":null,"abstract":"In this paper, we have considered three important variables concerning COVID-19 viz., (i) the number of daily new cases, (ii) the number of daily total cases, and (iii) the number of daily deaths, and proposed a modelling procedure, so that the nature of trend in these series could be studied appropriately and then used for identifying the current phase of the pandemic including the phase of containment, if happening /happened, in any country. The proposed modelling procedure gives due consideration to structural breaks in the series. The data from four countries, Brazil, India, Italy and the UK, have been used to study the efficacy of the proposed model. Regarding the phase of infection in these countries, we have found, using data till 19 May 2020, that both Brazil and India are in the increasing phase with infections rising up and further up, but Italy and the UK are in decreasing/containing phase suggesting that these two countries are expected to be free of this pandemic in due course of time provided their respective trend continues. The forecast performance of this model has also established its superiority, as compared to two other standard trend models viz., polynomial and exponential trend models.","PeriodicalId":32692,"journal":{"name":"International Econometric Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44813764","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Brief Note on Feminization of Labor and Profit Rates 简论劳动和利润率的女性化

International Econometric Review Pub Date : 2023-02-24 DOI: 10.33818/ier.1181027

A. Elveren, C. Davis, Josh Budd

引用次数: 0

The Relationship Between Geopolitical Risks and Housing Returns in Türkiye: Evidence from the Cross - Quantilogram 土耳其地缘政治风险与住房回报的关系——来自交叉量化器的证据

International Econometric Review Pub Date : 2022-09-29 DOI: 10.33818/ier.1167057

Engin Bekar

引用次数: 0