The carbon footprint of capital formation: An empirical analysis on its relationship with a country's income growth

2021 ◽  
Author(s):  
Toru Kobayakawa
Keyword(s):  
Empirical Analysis ◽  
Carbon Footprint ◽  
Capital Formation ◽  
Income Growth

An Empirical Analysis of Risk Aversion and Income Growth

1996 ◽  
Vol 14 (4) ◽  
pp. 626-653 ◽  
Author(s):  
Kathryn L. Shaw
Keyword(s):  
Risk Aversion ◽  
Empirical Analysis ◽  
Income Growth

Analysis of Foreign Direct Investment and Economic Growth in Nigeria: Application of Spatial Econometrics and Fully Modified Ordinary Least Square (FMOLS)

2019 ◽  
Vol 54 (3) ◽  
pp. 159-176 ◽  
Author(s):  
Olabode Philip Olofin ◽  
Oluwole Oladipo Aiyegbusi ◽  
Abayomi Ayinla Adebayo
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Capital Formation ◽  
Least Square ◽  
Income Growth ◽  
Tax Revenue ◽  
Ordinary Least Square ◽  
Determinants Of Fdi

Based on the controversy surrounding the determinants of foreign direct investment (FDI) inflow from one country to another and the suggestion that inflow of FDI might be a result of countries’ locations, this study therefore revisits the determinants of FDI and economic growth by testing for the roles of country’s location in the determination of the inflow of FDI to Nigeria. Unlike other studies, this study finds that countries’ locations do not play any significant role in determining FDI inflow to Nigeria. The study, therefore, employs fully modified ordinary least square (FMOLS) to examine the determinants of FDI in Nigeria. The FMOLS results show that FDI, manufacturing sector, tax revenue, financial development, health expenditure, net trade and human capital have a positive relationship with income growth. These results were statistically significant except for tax revenue, net trade and human capital. These results support the argument that these variables are important determinants of economic growth. The article also finds a negative and statistically significant relationship among FDI, income growth, import and capital formation. These results are in conformity with economic theory in the sense that import of goods and services constitutes a leakage in the economy. Negative impact of capital formation and security could be associated with the prevailing high level of corruption, sharing of security votes and misappropriation of funds among the public officials in Nigeria. JEL Codes: F23, F26, F21, H24

scholarly journals Investigating the “Complementarity Hypothesis” in Greek Agriculture: An Empirical Analysis

2001 ◽  
Vol 33 (1) ◽  
pp. 189-198
Author(s):  
Constantinos P. Katrakilidis ◽  
Nikolaos M. Tabakis
Keyword(s):  
Empirical Analysis ◽  
Government Spending ◽  
Causal Effect ◽  
Capital Formation ◽  
Variance Decomposition ◽  
Response Analysis ◽  
Crowding Out ◽  
Private Capital ◽  
Complementarity Hypothesis ◽  
Multivariate Cointegration

AbstractThis study investigates determinants of private capital formation in Greek agriculture and tests the “complementarity” against the “crowding out” hypothesis using multivariate cointegration techniques and ECVAR modeling in conjunction with variance decomposition and impulse response analysis. The results provide evidence of a significant positive causal effect of government spending on private capital formation, thus supporting the “complementarity” hypothesis for Greek agriculture.

Sign in / Sign up

Export Citation Format

Share Document