ANALISIS STRATEGI PEMANFAATAN LIMBAH TANAMAN   PANGAN SEBAGAI PAKAN RUMINANSIA DI SULAWESI SELATAN

Vector Auto Regression (VAR) is an analysis or statistic method which can be used to predict time series variable and to analyst dynamic impact of disturbance factor in the variable system. In addition, VAR analysis is very useful to assess the interrelationship between economic variables. This research through the following test phases: unit root test, test of hypothesis, Granger causality test, and form a vector autoregresion model (VAR). The data used in this research is the GDP data and budget data of South Sulawesi in the period 1985-2004. The research aims to analyze the interrelationship between public expenditure and economic growth in South Sulawesi. The result showed statistically significant in economic growth (PDRB) influence public expenditure (APBD), however, not vice versa. Otherwise, for the need of APBD prediction, the used of lag 4 was the optimum model based on the causal relationship to PDRB.

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ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PENYALURAN PENGARUH TINGKAT SUKU BUNGA, NISBAH BAGI HASIL DEPOSITOMUDHARABAH, DAN PERTUMBUHAN EKONOMI TERHADAPPERTUMBUHAN DEPOSITO MUDHARABAH DI BANK SYARIAH MANDIRI PERIODE 2006:01-2011:12

Media Ekonomi ◽

10.25105/me.v20i3.788 ◽

2017 ◽

Vol 20 (3) ◽

pp. 73

Author(s):

Iqra Aulia

Keyword(s):

Interest Rate ◽

Unit Root Test ◽

Secondary Data ◽

Dynamic Impact ◽

Causality Test ◽

Var Analysis ◽

Disturbance Factor ◽

Vector Auto Regression ◽

The Interest Rate ◽

Auto Regression

Vector Auto Regression (VAR) is an analysis or statistic method which can be used to predict time series variable and to analyst dynamic impact of disturbance factor in the variable system. In addition, VAR analysis is very usefull to assess the interrelationship between economics variable. This research through the following test phases: unit root test, optimal lag test, granger causality test, and form a vector auto regression model (VAR). The data used in this research is interest rate (i), profit low sharing of mudharabah deposits (nBH), economic growth (gGDP, growth of mudharabah deposits volume (gVM) in the period 2006:01-2011:12. The effectiveness was measured by two indicators. This study used secondary data issued by Syariah Mandiri Bank & Bank Indonesia. The result of the study shows that response velocity of variable in growth of mudharabah deposits volume (gVM) towards shock instrument of interest rate(i) until reach the final target about 4 months. Thus we can conclude that growth of mudharabah deosits volume through Interest Rate is not effective in Indonesia period of 2006:01-2011:12. Keyword: Vector Auto Regression (VAR), growth of mudharabah deposits volume (gVM), The Interest Rate.

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PENGUJIAN KAUSALITAS ANTARA VARIABEL MAKROEKONOMI DENGAN RETURN PASAR DI BURSA EFEK INDONESIA : SEBUAH PENDEKATAN VECTOR AUTO

Media Ekonomi ◽

10.25105/me.v19i3.770 ◽

2017 ◽

Vol 19 (3) ◽

pp. 23

Author(s):

Anggi Hapsari Nurullita

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Granger Causality ◽

Unit Root ◽

Unit Root Test ◽

Granger Causality Test ◽

Causality Test ◽

Market Return ◽

Vector Auto Regression ◽

Auto Regression

Indicators of macroeconomic have major impact on capital markets in general and stocks in particular. Influence of these indicators can be positive or negative. Vector Auto Regression (VAR) is a method of analysis used to predict the time series variable and analyze the dynamic impact factor interference in a system variable. VAR analysis is very useful to assess the linkages between economic variables. This research aims to see the influence of iIndicators of macroeconomic such as the exchange rate (EXCHANGE), interest rate Bank Central of Indonesia Certificates (SBI) and rate of inflation (INFLATION) to market return (REIHSG) in Indonesian Stock Exchange in the period 2004:1-2011:10. Data obtained from the Monthly Stock Price Index Statistics JSX. This research appllying several stages of testing as follows: unit root test, the optimal lag test, Granger causality test and Vector Auto Regression model (VAR). The results of unit root test in this study suggests that the data used for processing in the first degree and VAR Granger test because only the stationary stock index return variable in zero degree (level). On the test results suggested the optimal lag is the lag 3. On the Granger causality test is known that the Granger test variable rate (EXCHANGE) has a one-way impact or the exchange rate (EXCHANGE) affect market return (REIHSG) interest rate of Bank Central of Indonesia Certificates (SBI) and the rate of inflation (INFLATION) has a two direction or impact mutual Causality. These results indicate that there is a weak Granger causality between interest rates Bank Central of Indonesia Certificates (SBI) and rate of inflation (INFLATION) to market return (REIHSG). Keywords: Vector Auto Regressive (VAR), Macroeconomic, Granger Causality, IHSG stock return

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ANALISIS KAUSALITAS FERTILITAS DENGAN PERTUMBUHAN EKONOMI DAN KEMISKINAN DI SUMATERA BARAT

Jurnal Kajian Ekonomi dan Pembangunan ◽

10.24036/jkep.v2i3.10284 ◽

2020 ◽

Vol 2 (3) ◽

Author(s):

Robby Saputra ◽

Sri Ulfa Sentosa

Keyword(s):

Economic Growth ◽

Causal Relationship ◽

Direct Relationship ◽

Secondary Data ◽

Granger Causality Test ◽

Causality Test ◽

West Sumatra ◽

Causality Relationship ◽

Vector Auto Regression ◽

Auto Regression

Abstract: This study aims to determine the causal relationship between fertility, economic growth and poverty in West Sumatra. This type of research is descriptive and associative research. The data used are secondary data in the form of panel data from 2010 to 2017. The research methods used are: (1) Vector Auto Regression Analysis, (2) Granger Causality Test. The results showed that (1) There was no causality relationship between fertility and economic growth in West Sumatra, but there was a direct relationship between fertility and economic growth. (2) There is no causality relationship between fertility and poverty in West Sumatra, but there is a direct relationship between poverty and fertility. (3) There is no causal relationship between economic growth and poverty in West Sumatra, but there is a direct relationship between poverty and economic growth.Keywords: Fertility, Economic Growth, Poverty

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Islamic Finance and Economic Growth Nexus: An Econometric Analysis

Review of Education, Administration & LAW ◽

10.47067/real.v2i1.7 ◽

2019 ◽

Vol 2 (1) ◽

pp. 11-22

Author(s):

Kashif Raza ◽

Rashid Ahmad ◽

Muhammad Abdul Rehman Shah ◽

Muhammad Umar

Keyword(s):

Economic Growth ◽

Time Series Data ◽

Trade Openness ◽

Unit Root Test ◽

Least Square ◽

Series Data ◽

Islamic Finance ◽

Causality Test ◽

Economic Agents ◽

Fixed Capital Formation

Researchers have written chain of research papers about the dynamics of financial development and economic growth. The financial capital plays a productive role when it delivers to economic agents who are facing shortage or excess of funds. This study explores the linkages among Islamic financing and economic growth for Pakistan, by using annual time series data from 2005-2018. Islamic banks’ financing funds used as a proxy of Islamic financing, Gross Domestic Product (GDP), Gross Fixed Capital Formation (GFCF), labor force (LF),Broad money(M) and Trade openness (TO) to presents real sector of an economy. For the exploration, the unit root test, Ordinary least square technique and Granger causality test are applied. The results validate a substantial causal relationship of Islamic financing and GDP, which supports the Schumpeter’s supply-leading view. The results indicate that Islamic finance contributed towards economic growth.

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Linear and Nonlinear Causal Relationships Between International Reserves and Economic Growth: Evidence from India

Asia-Pacific Journal of Management Research and Innovation ◽

10.1177/2319510x19898633 ◽

2020 ◽

Vol 16 (1) ◽

pp. 54-59

Author(s):

Mohammad Kashif ◽

Satish Kumar Singh ◽

S. Thiyagarajan ◽

Abhishek Maheshwari

Keyword(s):

Economic Growth ◽

Granger Causality ◽

Unit Root Test ◽

Granger Causality Test ◽

International Reserves ◽

Infrastructure Development ◽

Causal Relationships ◽

Causality Test ◽

Linear And Nonlinear ◽

Bds Test

This study investigates linear and nonlinear causal relationships between accumulated international reserves (IR) and economic growth (Econ) in the case of India. The present study is carried out using quarterly data ranging from the period of the first quarter of 1985 to the fourth quarter of 2014. The study used econometric tools such as the augmented Dickey–Fuller (ADF) unit root test, the linear Granger causality test, Johansen’s cointegration test, the Brock, Dechert and Scheinkman (BDS) test and the nonlinear Granger causality test developed by Hiemstra and Jones. The study establishes that there exists a bidirectional linear causality. The Hiemstra and Jones test reveals a bidirectional nonlinear causal relationship between the variables. In light of these results, the study suggests that reserves accumulation can be implemented in India provided that excess of reserves are invested in alternative sources such as economic infrastructure projects and regional infrastructure development.

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Volatility Spillover Between Indian and MINT Stock Exchanges: Portfolio Diversification Implication

The Indian Economic Journal ◽

10.1177/0019466220947501 ◽

2019 ◽

Vol 67 (3-4) ◽

pp. 299-311

Author(s):

Miklesh Prasad Yadav ◽

Asheesh Pandey

Keyword(s):

Stock Market ◽

Spillover Effect ◽

Stock Exchanges ◽

Volatility Spillover ◽

Conditional Correlation ◽

Causality Test ◽

Portfolio Managers ◽

Vector Auto Regression ◽

Indian Stock Market ◽

Auto Regression

We examine the spillover effect from the Indian stock market to Mexico, Indonesia, Nigeria and Turkey (MINT) stock markets in order to check if suitable diversification opportunities are available to global portfolio managers investing in India. We apply Granger causality test, vector auto-regression (VAR) and dynamic conditional correlation (DCC)–MGARCH to investigate the level of integration between India and MINT economies. We observe bidirectional causality between India and Nigeria, unidirectional causality in Mexico and Indonesia, while no causality is found between India and Turkey. Our VAR results suggest that none of the MINT economies impact the return of the Indian stock market; rather returns of the Indian stock market are more affected by their own lagged values. Finally, by applying DCC–MGARCH, we observe that there is no volatility spillover from India to any of the MINT economies. We recommend that portfolio managers investing in the Indian economy may explore MINT economies as possible destinations to diversify their risk. Our study has implications for both academia and portfolio managers.

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A Study on Liaoning Ports Competition and Cooperation

Advanced Materials Research ◽

10.4028/www.scientific.net/amr.181-182.1050 ◽

2011 ◽

Vol 181-182 ◽

pp. 1050-1053 ◽

Cited By ~ 1

Author(s):

Jin Lin Ma ◽

Li Juan Qian

Keyword(s):

Granger Causality Test ◽

The Other ◽

Causality Test ◽

Competition And Cooperation ◽

Vector Auto Regression ◽

Cooperation Relationship ◽

Dalian Port ◽

Relationship Of ◽

The Relationship ◽

Auto Regression

Relationship of competition and cooperation among ports is a hot point in studying ports relationship. The purpose of this paper is to investigate the competition and cooperation relationship among Liaoning ports. This paper applies the Vector Auto-Regression Model for analyzing the relationship. According to the modeling, it is found that Dalian Port competes with Yingkou Port and Jinzhou Port, while cooperates with Dandong Ports. From the Granger Causality test, it shows that Dalian Port causes the other three ports.

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Contribution of StockMarket Towards Economic Growth: An Empirical Study on Bangladesh Economy

European Scientific Journal ESJ ◽

10.19044/esj.2017.v13n4p238 ◽

2017 ◽

Vol 13 (4) ◽

pp. 238 ◽

Cited By ~ 1

Author(s):

Sonia Rezina ◽

Nusrat Jahan ◽

Mohitul Ameen Ahmed Mustafi

Keyword(s):

Economic Growth ◽

Stock Market ◽

Market Performance ◽

Unit Root Test ◽

Causality Test ◽

Stock Market Development ◽

Stock Market Performance ◽

Augmented Dickey Fuller ◽

Johansen Cointegration Test ◽

The Impact

The economic growth of a country is influenced by many different factors. This study aims to investigate the causal relationship between stock market development and economic growth in Bangladesh as well as the impact of stock market performance upon the economic growth of Bangladesh. The stock market performance has been measured by market capitalization ratio, number of listed companies, total value traded and turnover ratio; and the economic growth was represented by real gross domestic product. The periods taken for study were from year 1994 to year 2015.The effect of the stock market reform will also be addressed to explain the relationship. The study has been conducted using Augmented Dickey- Fuller Unit Root Test, Johansen Cointegration Test and the Granger Causality Test. The findings of the research should help the policy makers and regulators to look after their interest in the financial sector of the country.

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Causal Relationship between Foreign Direct Investment and Economic Growth in Nigeria: 1970-2013

International Journal of Economics and Finance ◽

10.5539/ijef.v7n11p230 ◽

2015 ◽

Vol 7 (11) ◽

pp. 230 ◽

Cited By ~ 2

Author(s):

Uwazie I. U. ◽

Igwemma A. A. ◽

Nnabu Bernard Eze

Keyword(s):

Economic Growth ◽

Foreign Direct Investment ◽

Unit Root ◽

Direct Investment ◽

Developing Economies ◽

Unit Root Test ◽

Annual Data ◽

Policy Reforms ◽

Causality Test ◽

Long Run

Foreign direct investment is presumed to play immense role in economic growth in both developed and developing economies. This assumption has motivated the army of studies to actually determine the nexus between foreign direct investment and economic growth in Nigeria. But these studies were not unified on the direction of the causation, hence the need for the study. To effectively analyze the result, the study employs vector error correction model method of causality to analyze the annual data for the periods of 1970 to 2013. The Augmented Dickey-Fuller (ADF) unit root test show presence of unit root at level but stationary after first difference. The Johansen cointegration test confirms that the variables are cointegrated while the granger causality test affirms that foreign direct investment and economic growth reinforce each other in the short run in Nigeria. Also, it is reported that foreign direct investment granger cause economic growth both in the short and long run in Nigeria. Based on these findings, the study advocates the adoption of aggressive policy reforms to boost investors’ confidence and promotion of qualitative human capital development to lure FDI into the country. It also suggests the introduction of selective openness to allow only the inflow of FDI that have the capacity to spillover to the economy. These will attract FDI and boost economic growth in Nigeria.

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