On the real effects of short- and long-run inflation and relative sector price variability: some empirical evidence using the Kalman filter

1993 ◽  
Vol 25 (2) ◽  
pp. 173-179
Author(s):  
S. J. Erenburg
Keyword(s):  
Kalman Filter ◽  
Empirical Evidence ◽  
Price Variability ◽  
The Real ◽  
Real Effects ◽  
Long Run

How Does Innovation Affect Economic Growth? Evidence from G20 Countries

2021 ◽  
pp. 001946622110635
Author(s):  
Ajoy K Sarangi ◽  
Rudra P. Pradhan ◽  
Tamal Nath ◽  
Rana P. Maradana ◽  
Hiranmoy Roy
Keyword(s):  
Economic Growth ◽  
Causal Relationships ◽  
Jel Codes ◽  
The Real ◽  
Real Effects ◽  
Long Run ◽  
Short Run ◽  
Shed Light

We study the interactions between innovation and economic growth in G20 countries over 1961–2019. We establish whether there is a temporal causality between these two variables. Employing the autoregressive distributive lag framework, our results expose a grid of short-run and long-run causal relationships between innovation and growth, including long-run unidirectional causality from innovation to economic growth. Overall, our findings shed light on the real effects of innovation on economic growth. JEL Codes: O38, O31, O32

scholarly journals Real Wage Convergence in Romania: Empirical Evidence Based on Club Converging

2020 ◽  
Vol 30 (3) ◽  
pp. 108-117
Author(s):  
Olimpia Neagu
Keyword(s):  
Empirical Evidence ◽  
Real Wage ◽  
Policy Implications ◽  
Evidence Based ◽  
The Real ◽  
Long Run ◽  
Wage Convergence

AbstractThe study aims to explore the real wage convergence across the 42 Romanian counties from 1991 to 2016 by using the convergence algorithm developed by Phillips and Sul (2007). The process of divergence is identified in the period of 1991-2016 as well as a number of 4 convergence subgroups (clusters). Transitional curves indicate that over the long-run the real wage tends to converge. Policy implications of the paper’s findings are also provided.

Sign in / Sign up

Export Citation Format

Share Document