scholarly journals The validity of Rodrik’s conclusion on real exchange rate and economic growth: factor priority evidence from feature selection approach

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Mehdi Seraj ◽  
Pejman Bahramian ◽  
Abdulkareem Alhassan ◽  
Rasool Dehghanzadeh Shahabad
Author(s):  
Mohammad Hassan Kheiravar ◽  
Davood Danesh Jafari ◽  
Hamid Nazeman ◽  
Javid Bahrami

In most of oil exporting countries, oil revenue is considered as one of the main drivers of the economy. These revenues, as the important source of currency, at least, enables the country import various capital goods, intermediaries and consumables and usually covers part of the government's current and development expenditures. However, oil revenues are volatile and uncertain due to the changing nature of the global oil price. This indicate that a significant part of the economy in these countries is exposed to potential instability which is supposed as an anti-growth factor. The present study seeks to examine the effect of oil revenues on inflation and real exchange rate as dominant proxies of macroeconomic stability along with economic growth in oil exporting countries using the GMM method during the 1980 to 2015 period. The results show that oil revenues have different effects on these indicators in selected countries.


2021 ◽  
Vol 11 (15) ◽  
pp. 6983
Author(s):  
Maritza Mera-Gaona ◽  
Diego M. López ◽  
Rubiel Vargas-Canas

Identifying relevant data to support the automatic analysis of electroencephalograms (EEG) has become a challenge. Although there are many proposals to support the diagnosis of neurological pathologies, the current challenge is to improve the reliability of the tools to classify or detect abnormalities. In this study, we used an ensemble feature selection approach to integrate the advantages of several feature selection algorithms to improve the identification of the characteristics with high power of differentiation in the classification of normal and abnormal EEG signals. Discrimination was evaluated using several classifiers, i.e., decision tree, logistic regression, random forest, and Support Vecctor Machine (SVM); furthermore, performance was assessed by accuracy, specificity, and sensitivity metrics. The evaluation results showed that Ensemble Feature Selection (EFS) is a helpful tool to select relevant features from the EEGs. Thus, the stability calculated for the EFS method proposed was almost perfect in most of the cases evaluated. Moreover, the assessed classifiers evidenced that the models improved in performance when trained with the EFS approach’s features. In addition, the classifier of epileptiform events built using the features selected by the EFS method achieved an accuracy, sensitivity, and specificity of 97.64%, 96.78%, and 97.95%, respectively; finally, the stability of the EFS method evidenced a reliable subset of relevant features. Moreover, the accuracy, sensitivity, and specificity of the EEG detector are equal to or greater than the values reported in the literature.


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