Analysis on Causality and Impulse-Response among ICT Real Export, ICT Real Investment and Real GDP

2014 ◽  
Vol 15 (3) ◽  
pp. 29-45
Author(s):  
Boondo Jeong ◽  
Mi-Seon, Hong
Keyword(s):  
Impulse Response ◽  
Real Gdp ◽  
Real Investment

scholarly journals RESPONSIVENESS OF SOCIAL VALUES AND REAL GROSS DOMESTIC BRUTO ON MONEY DEMAND IN INDONESIA

2018 ◽  
Vol 3 ◽  
pp. 83-102
Author(s):  
Eko Fajar Cahyono
Keyword(s):  
Impulse Response ◽  
Money Demand ◽  
Social Values ◽  
Impulse Response Function ◽  
Variance Decomposition ◽  
Fiat Money ◽  
Islamic Bank ◽  
Real Gdp ◽  
Demand Deposits ◽  
Currency Demand

The purpose of this study was to determine the effect, estimates shocks and determine the contribution of , social values, real GDP  currency, demand deposits wadi'ah, Mudaraba savings, deposits mudaraba and Islamic Bank  Returns to money demand  in Indonesia. Real GDP and social values theoretically able to increase money demand using each mechanism. Money demand represented by M2 with a composition comprising of fiat money, wadiah demand deposits, mudaraba savings and mudaraba investment deposits completed Islamic Bank return as balancing cost in Money demand. The research method used in this research is comparative quantitative. This research utilizes 8 (eight) variable which then unit root test, determining Lag Optimal, Cointegrate-Test, VECM Estimates, Impulse Response Function and Variance Decomposition are carried out. The results of VECM estimation showed that real GDP, fiat money, wadiah demand deposits, sharia return, mudaraba savings and mudaraba investment deposits are significantly influencing the amount of Money demand in long term. In short term, social values significantly influencing the amount of money demand in Indonesia. The results of Impulse response showed that real GDP positively responded by the M2. Then, social values positively responded, fiat money positively responded, wadiah deposits positively responded, mudaraba savings negatively responded, mudaraba deposits positively responded and sharia return positively responded by the M2IS. Variance decomposition results showed that social values has the biggest contribution, then followed by demand deposits wadi'ah, mudaraba deposits, mudaraba savings, currency, real GDP and return sharia smallest.

scholarly journals Empirical Analysis of Causal Linkage between Agricultural Output and Real GDP: Evidence from Nigeria

2020 ◽  
pp. 69-77
Author(s):  
Ikechukwu Kelikume ◽  
Stanley Emife Nwani
Keyword(s):  
Economic Growth ◽  
Impulse Response ◽  
Poverty Alleviation ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Series Data ◽  
Response Analysis ◽  
Causality Test ◽  
Agricultural Output ◽  
Real Gdp

The agricultural sector is pivotal in poverty alleviation, job creation and food supply. In recent times the performance of the sector leaves more to be desired as its proportion in aggregate output fluctuated as output expands. This study empirically analysed the causal linkage between the agricultural sector output and economic growth in Nigeria using annualized time series data covering 1981 to 2018. Data were analysed using the Granger causality test, vector autoregression, and impulse response and variance decomposition econometric tools. The empirical results indicate that agricultural output did not perfectly interlink with economic growth. The causality test revealed that economic growth precedes agricultural sector output in a uni-directional manner, while the impulse response analysis indicated that economic growth does not respond swiftly to innovations in agriculture. The findings of our study did not corroborate the predictions of agriculture-led growth theorized by Kuznets (1968).

Estimation of welfare costs of inflation: The case of Russia

2019 ◽  
pp. 55-69 ◽  
Author(s):  
Sergey M. Drobyshevskiy ◽  
Natalia V. Makeeva ◽  
Elena V. Sinelnikova-Muryleva ◽  
Pavel V. Trunin
Keyword(s):  
Inflation Targeting ◽  
Empirical Studies ◽  
Welfare Costs ◽  
Economic Agents ◽  
Academic Literature ◽  
Russian Economy ◽  
Theoretical Approaches ◽  
Real Gdp ◽  
Quantitative Estimates ◽  
Positive Effect

This paper is devoted to the estimation of welfare costs of inflation, taking into account the peculiarities of the Russian economy. Theoretical approaches that are used in the literature to analyze the costs of inflation are discussed in the paper. It also provides an overview of the empirical studies of this topic. Research found in academic literature shows that the results of quantitative estimates are extremely sensitive to the choice of the functional form of the money demand equation, as well as to assumptions that are made to simplify the analysis, some of which do not fit Russian data. As a result, we have modified the standard approaches to estimating welfare costs of inflation, taking into account the monetization growth in Russia, and provide quantitative estimates of the magnitude of welfare costs of inflation. The results indicate a significant gain for economic agents in terms of real GDP with a decrease in inflation, which is regarded as a positive effect from the inflation targeting policy.

Influence of the Test Voltage Function over Lightning Impulse Response Parameters Measured by Long Cable

2018 ◽  
Vol 138 (3) ◽  
pp. 242-248 ◽  
Author(s):  
Shuji Sato ◽  
Seisuke Nishimura ◽  
Hiroyuki Shimizu ◽  
Hisatoshi Ikeda
Keyword(s):  
Impulse Response ◽  
Lightning Impulse ◽  
Test Voltage

Electricity consumption and economic growth in ASEAN

2017 ◽  
Vol 5 (2) ◽  
pp. 16
Author(s):  
Ahmad Ghazali Ismail ◽  
Arlinah Abd Rashid ◽  
Azlina Hanif
Keyword(s):  
Economic Growth ◽  
Energy Use ◽  
Electricity Consumption ◽  
Panel Estimation ◽  
Real Gdp ◽  
Long Run ◽  
Bidirectional Relationship ◽  
Short Run ◽  
Using Data ◽  
The Relationship

The relationship and causality direction between electricity consumption and economic growth is an important issue in the fields of energy economics and policies towards energy use. Extensive literatures has discussed the issue, but the array of findings provides anything but consensus on either the existence of relations or direction of causality between the variables. This study extends research in this area by studying the long-run and causal relations between economic growth, electricity consumption, labour and capital based on the neo-classical one sector aggregate production technology mode using data of electricity consumption and real GDP for ASEAN from the year 1983 to 2012. The analysis is conducted using advanced panel estimation approaches and found no causality in the short run while in the long-run, the results indicate that there are bidirectional relationship among variables. This study provides supplementary evidences of relationship between electricity consumption and economic growth in ASEAN.

Fractional Vector-Order h-Realisation of the Impulse Response Function

2020 ◽  
Vol 14 (2) ◽  
pp. 108-113
Author(s):  
Ewa Pawłuszewicz
Keyword(s):  
Control Systems ◽  
Impulse Response ◽  
Response Function ◽  
Impulse Response Function ◽  
Linear Control ◽  
Linear Control Systems

AbstractThe problem of realisation of linear control systems with the h–difference of Caputo-, Riemann–Liouville- and Grünwald–Letnikov-type fractional vector-order operators is studied. The problem of existing minimal realisation is discussed.

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