scholarly journals Relationship between Economic Freedom and Economic Growth in Some Selected Transition Economies: A Panel Data Analysis

2015 ◽  
Author(s):  
Hakan Türkay
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Panel Data ◽  
Transition Economies ◽  
Economic Freedom ◽  
Panel Data Analysis ◽  
Negative Relationship ◽  
Economies In Transition ◽  
Economic Freedom Index ◽  
Fraser Institute

This study estimated the influence of economic freedom in transition economies between the years 2000-2012 on economic growth by using panel data analysis. Economic freedom index developed by Fraser Institute was used in the study. The index values prepared by this institute do not cover all economies in transition. In addition, there is missing data for the periods that the study covers in terms of some countries. Thus, the analysis uses the data about 15 economies in transition. The study was conducted within the scope of two different models. In one of these models, the global economic crisis of 2009 was also included. As a conclusion, a negative relationship was found between economic freedom and economic growth when the crisis was not included; however, there was a positive but statistically insignificant relationship when the crisis was taken into consideration.

The Effect of Defense Expenditures and Peace on Economic Growth

2021 ◽  
pp. 518-534
Author(s):  
Mahmut Unsal Sasmaz ◽  
Abdullah Zeybekoglu
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Data Analysis ◽  
Transition Economies ◽  
Positive Relationship ◽  
Panel Data Analysis ◽  
Negative Relationship ◽  
National Income ◽  
Global Public Good ◽  
European Union Countries

Throughout history countries have tried to gain power in order to get advantages for the issues such as providing territorial integrity, social security and internal and external security. As a result of this power-gaining race, defense expenditures had a significant place in countries' economies. In its broad sense, defense expenditures are defined as the share reserved from the national income for the country's defense in order to provide internal and external security of the state and maintain the order and safety of the community. The size of defense expenditures varies from country to country for various reasons. In this study the effect of defense expenditures and peace as a global public good on economic growth was analyzed in 11 European Union countries (transition economies) between 2007 and 2017 with the help of panel data analysis. As a result of the study it was found out that there was a positive relationship between economic growth and defense expenditures. However, a negative relationship was identified between economic growth and peace level.

Is NPA and Stock Return Related: An Empirical Study of Back Testing Model

2017 ◽  
Vol 10 (1) ◽  
Author(s):  
Madhvi . ◽  
Amit Gautam ◽  
Amit Srivastava
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Stock Price ◽  
Panel Data Analysis ◽  
Negative Relationship ◽  
Share Price ◽  
Correlation Studies ◽  
Back Testing ◽  
Trading Model ◽  
The Relationship

This paper examines the relationship between NPA announcements by banks and the impulsive movement in stock price brought out by these announcements. Primary focus of this study is to determine whether we can create a swing trading model based on back testing the data for the banking stocks listed on the Indian bourses.To achieve this objective we created a databasespanning ten years (2006 to 2016) and collected the daily share prices of eight banks listed on Bombay Stock Exchange (BSE). The relationship between share price and changes in NPA is studied on the basis of correlation studies and panel-data analysis. Although correlation studies does not establish any significant relationship, but the result of panel-data analysis clearly shows a negative relationship between the two. The result is further utilized to develop swing trading model and get benefit out of it. The novelty of the present study is that it clearly guides the swing traders as to how to earn benefit because of fluctuations in share price due to announce of NPA result.

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