2005
DOI: 10.3844/ajassp.2005.504.507
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A Causal Relationship and Macroeconomic Activity: Empirical Results From European Union

Abstract: This study investigates the relationship among macroeconomic variables using quarterly data for European Union covering the period from 1970 I to 2000 IV. The purpose of this study is to estimate the dynamic interrelation among macroeconomic variables such as money, gross domestic product, interest rates, level of price and exchange rates. For the empirical analysis of this investigation, we employ the Johansen multivariate cointegration technique as well as Granger causality tests. Th… Show more

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Cited by 9 publications
(3 citation statements)
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“…Objective of the experiment: A lot of empirical work has already been done for validating an approach or a hypothesis. The experimental setup presented here is inspired from various approaches as described in (Cheong, 2008;Dritsakis, 2004;Dritsaki and Adamopoulos, 2005;Dritsakis and Gialetaki, 2005;Fang and Liu, 2007;Sharahili and Liu, 2008;Xu et al, 2007).…”
Section: Controlled Experimentmentioning
confidence: 99%
“…Objective of the experiment: A lot of empirical work has already been done for validating an approach or a hypothesis. The experimental setup presented here is inspired from various approaches as described in (Cheong, 2008;Dritsakis, 2004;Dritsaki and Adamopoulos, 2005;Dritsakis and Gialetaki, 2005;Fang and Liu, 2007;Sharahili and Liu, 2008;Xu et al, 2007).…”
Section: Controlled Experimentmentioning
confidence: 99%
“…Issues of government regulation of the cluster have been studied in works by (Liu and Chen, 2004;Dritsaki and Adamopoulos, 2005;Kim et al, 2014).…”
Section: Introductionmentioning
confidence: 99%
“…In this case, the Science Publications AJAS methods used to assess the educational clusters can be applied to control the efficiency of the use of the state resources (Dritsaki and Adamopoulos, 2005).…”
Section: Introductionmentioning
confidence: 99%