Causal Connection between Economic Growth and Carbon Release in Bangladesh: A Vector Autoregression (VAR) Model Study

In the developing economy, tourism is the most visible and steadiest growing facade. Tourism is considered one of the rapidly increasing elements for economic development from the last two decades. Therefore, the proposed study used vector autoregression (VAR) model, error correction model (ECM), and the Granger causality to check the relationship between the tourism industry and economic growth based on the data of the Beijing municipal bureau of statistics from 1994 to 2015. Gross domestic product (GDP) is used as a replacement variable for the economic growth index, while internal tourism revenue is used as a tourism industry indicator. The study supports the tourism-led growth hypothesis proposed in the existing literature in a different survey of tourism and economic development. The results show that there is a strong relationship in the tourism industry and economic growth in the context of Beijing, and at the same time, tourism creates a more significant increase in long run local real economic accomplishments. The results of the VAR model confirm that in the long run, Beijing’s economic growth is affected by domestic tourism, while the ECM model shows unidirectional results in the short term. Similarly, there is a one-way causal relationship between the tourism industry and economic growth in Beijing, China. The empirical results are in strong support of the concept that tourism causes growth.

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Unemployment and COVID-19 Impact in Greece: A Vector Autoregression (VAR) Data Analysis

Engineering Proceedings ◽

10.3390/engproc2021005041 ◽

2021 ◽

Vol 5 (1) ◽

pp. 41

Author(s):

Christos Katris

Keyword(s):

Data Analysis ◽

Response Function ◽

Unemployment Rate ◽

Vector Autoregression ◽

Impulse Response Function ◽

Youth Unemployment ◽

The Other ◽

Var Model ◽

Unemployment Rates ◽

The Impact

In this paper, the scope is to study whether and how the COVID-19 situation affected the unemployment rate in Greece. To achieve this, a vector autoregression (VAR) model is employed and data analysis is carried out. Another interesting question is whether the situation affected more heavily female and the youth unemployment (under 25 years old) compared to the overall unemployment. To predict the future impact of COVID-19 on these variables, we used the Impulse Response function. Furthermore, there is taking place a comparison of the impact of the pandemic with the other European countries for overall, female, and youth unemployment rates. Finally, the forecasting ability of such a model is compared with ARIMA and ANN univariate models.

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Study on the relationship between the economic growth and environmental pollution in Fujian province based on the VAR model

Manufacturing and Engineering Technology (ICMET 2014) ◽

10.1201/b17735-73 ◽

2014 ◽

pp. 349-354

Keyword(s):

Economic Growth ◽

Environmental Pollution ◽

Var Model ◽

Fujian Province ◽

The Relationship

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ANALISIS KAUSALITAS EKSPOR, OUTPUT MANUFAKTUR DAN PERTUMBUHAN EKONOMI DI NEGARA ASEAN

Jurnal Kajian Ekonomi dan Pembangunan ◽

10.24036/jkep.v1i2.6289 ◽

2019 ◽

Vol 1 (2) ◽

pp. 645

Author(s):

Rany Febriyanti Ariska ◽

Ariusni Ariusni

Keyword(s):

Economic Growth ◽

Causal Relationship ◽

Vector Autoregression ◽

Manufacture Export ◽

Causality Relationship ◽

Asean Countries ◽

Panel Vector Autoregression

This study examines the causal relationship between manufacture export, manufacture ouput and economic growth within a panel vector autoregression (PVAR) for ASEAN countries over the period 2008-2017. The results of this study indicate that the manufacture export and the manufacture output has a one-way causality relationship that is economic growth which affects the manufacture export, the manufacture output has a one-way causality relationship that is economic growth affects the manufacture output, the export and the output manufacture has no causality.

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ANALISIS KAUSALITAS KEBIJAKAN FISKAL EKSPANSIF, KEBIJAKAN MONETER EKSPANSIF DAN PERTUMBUHAN EKONOMI DI INDONESIA

Jurnal Kajian Ekonomi dan Pembangunan ◽

10.24036/jkep.v2i1.8855 ◽

2020 ◽

Vol 2 (1) ◽

pp. 55

Author(s):

Fadhliah Yuniwinsah ◽

Ali Anis

Keyword(s):

Economic Growth ◽

Time Series ◽

Monetary Policy ◽

Fiscal Policy ◽

Time Series Data ◽

Vector Autoregression ◽

Series Data ◽

Vector Autoregression Model ◽

Autoregression Model

This study examined the causality between expansionary fiscal policy, expansionary monetary policy and economic growth in Indonesia’s using a time series data with vector autoregression model (VAR) in the period of 1969-2018. The results of this study showed that are there is no causality between expansionary fiscal policy and expansionary monetary policy but there one-way relationship between them, it is the expansionary monetary policy gives influence to expansionary fiscal policy. There is no causality between expansionary fiscal policy and economic growth but there one-way relationship between them, It is economic growth gives influence to expansionary fiscal policy. And there is no causality between expansionary monetary policy and economic growth but there one-way relationship between them, it is economic growth gives influence to expansionary monetary policy.

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On Nonlinear Relationship between Inflation and Economic Growth: A Study of ASEAN-5 Countries Period 2000–2016

Economics and Finance in Indonesia ◽

10.7454/efi.v63i1.565 ◽

2018 ◽

Vol 63 (1) ◽

pp. 1

Author(s):

Ambar Galih ◽

Sugiharso Safuan

Keyword(s):

Economic Growth ◽

Negative Correlation ◽

Vector Autoregression ◽

Empirical Studies ◽

Vital Role ◽

Nonlinear Relationship ◽

Vector Autoregression Model ◽

Autoregression Model

Money (inflation) has played a vital role in economic growth. However, the nexus between them has always drawn mesmerizing debates. From the thoughts of Classical and Keynes which argued the existence of money neutrality, to the level of empirical studies which find either positive or negative correlation between inflation and economic growth. Recent studies concerning the debatable relationship have evolved it into a hypothesis whether the relation is nonlinear with a threshold or a point where the link switches. This study aims to re-examine the causality between inflation and economic growth in ASEAN-5 countries period 2000Q1–2016Q4. The results based on Threshold Vector Autoregression model indicate the presence of a nonlinear relationship between the two variables.

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