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- W3157650477 abstract "The interrelationships among the macroeconomic variables have been amply examined in the available literature; however, there exists a gap when it comes to the impact of technological shock coupled with other macroeconomic variables such as real exchange rate, Inflation, Broad Money, Research and Development, and Net Foreign Inflows on economic growth. The study examines how these macroeconomic variables are interlinked in the long run and how they behave in the short-run dynamic adjustment processes. A panel of ten highly competitive economies over 1996–2017 has been analyzed in a dynamic framework using the VECM. The results show that the six macroeconomic indicators maintain a long-run relation and GDP growth rate and inflation rate are caused by the other five variables in the panel. In the short run, the GDP growth rate is influenced by all the five remaining variables. The results indicate significant insights for identifying the possible causes of the appearances of ups and downs in the business cycle. Hence, it is recommended that the control and management of these macro indicators should be the priority agendas of the countries considered in the dynamic panel study." @default.
- W3157650477 created "2021-05-10" @default.
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- W3157650477 date "2021-01-01" @default.
- W3157650477 modified "2023-09-24" @default.
- W3157650477 title "Interplay Among Strategic Macroeconomic Variables in Selected Competitive Economies: Insights from Dynamic Panel Studies" @default.
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- W3157650477 doi "https://doi.org/10.1007/978-3-030-72288-3_10" @default.
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