Academic literature on the topic 'System Generalized Method of Moments (sGMM)'

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Journal articles on the topic "System Generalized Method of Moments (sGMM)"

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Saha, Shrabani, Girijasankar Mallik, and Dimitrios Vortelinos. "Does Corruption Facilitate Growth? A Cross-national Study in a Non-linear Framework." South Asian Journal of Macroeconomics and Public Finance 6, no. 2 (2017): 178–93. http://dx.doi.org/10.1177/2277978717727174.

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The article examines the corruption–growth relationship in a non-linear framework using panel fixed effects (FE) and system generalized methods of moments (SGMM) model for over 110 countries for the period 1984–2009. The results reveal that the least corrupt countries enjoy higher growth rates, whereas highly corrupt countries experience low growth. Furthermore, corruption has a positive and significant effect on economic growth up to a certain level and thereafter it reduces growth. The results are robust under various methodology and an alternative measure of corruption. JEL Classification:
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Nguyen Phuong, Lien, and Thanh Su Dinh. "Tax revenue, expenditure, and economic growth: An analysis of long-run relationships." Journal of Asian Business and Economic Studies 24, no. 03 (2017): 04–26. http://dx.doi.org/10.24311/jabes/2017.24.3.02.

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Focusing on the investigation of “long-term” relationship between tax revenue, expenditure, and economic growth, this paper employs the Granger causality test and finds that the linkage between tax revenue and spending is a bi-directional causal correlation. Furthermore, applying Persyn and Westerlund’s (2008) co-integration test allows for corroboration of existence of long-run cointegration linkages among outcome of economy and the three variables. In addition, by adopting two-step system generalized method of moments (SGMM) for a dynamic panel of 82 developed and developing countries during
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Tram, Thi Xuan Huong, and Nguyen Thi Thanh Hoai. "Effect of macroeconomic variables on systemic risk: Evidence from Vietnamese economy." Economics and Business Letters 10, no. 3 (2021): 217–28. http://dx.doi.org/10.17811/ebl.10.3.2021.217-228.

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This paper aims to find out the relationship between systemic risk in Vietnam and the effects of macroeconomic factors, including exchange rate, interest rates, and economic growth. We collect data from the Vietnamese stock market, specifically 29 listed financial firms (banks, insurance companies, and securities firms) for the period 2010-2018. The analysis is performed in two steps including systematic risk measurement in Vietnam based on the Systemic Expected Shortfall (SES) method and providing evidence from analysis related to the risk determinants assessment. Besides ordinary least squar
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Ezeaku, Hillary Chijindu, Ifeoma C. Nwakoby, Obiamaka P. Egbo, and Josaphat U. J. Onwumere. "On the Dynamic Effect of Bilateral Concessional Debts on Living Standards in Sub-Saharan Africa." SAGE Open 9, no. 3 (2019): 215824401987787. http://dx.doi.org/10.1177/2158244019877879.

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This article assesses the effectiveness of bilateral concessional debts on living standards in 29 sub-Saharan African (SSA) countries over the period 1999-2017 using the system generalized method of moments (SGMM). The SGMM linear estimate is based on a two-step procedure, which controls for heteroscedasticity. The results provide evidence that bilateral concessional debts had positive and significant impact on living standards as proxied by the human development index (HDI) within the period. It is observed that 1% change in bilateral concessional debts is associated with about 8.4% improveme
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Majeed, Muhammad Tariq, and Anwar Shah. "An Empirical Analysis of Economic Performance of Asian Economies: The Role of Electronic Government." Review of Economics and Development Studies 4, no. 1 (2018): 91–102. http://dx.doi.org/10.26710/reads.v4i1.284.

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Information and communication technology (ICT) plays a key role in explaining the growth patterns of an economy. Many of Asian economies have exhibited high growth patterns in recent years. What explains economic performance of Asian economies? Does implementation of ICT in public sector matters for the growth of Asian economies? To answer this question, this study analytically explores and empirically tests the linkages of ICT in public sector with economic performance reusing the panel data of 34 Asian economies over the period 2003-2015. For empirical analysis, this study uses Fixed Effects
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Ogundipe, Adeyemi. "Commodity price volatility and economic growth in Africa: the mitigating role of trade policy." Problems and Perspectives in Management 18, no. 3 (2020): 350–61. http://dx.doi.org/10.21511/ppm.18(3).2020.29.

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The extreme volatile behavior of Africa’s output and consumption is strongly related to the extent of exposure to external shocks in its trade earnings. The volatility of export earnings inherent in African economies depicts trade and export structure not diversified, and the need for development managers in easing the over-arching dependence on commodity exports earnings as a major source of budget financing. This study investigates the effect of commodity price volatility on real GDP using a longitudinal data covering fifty-three African commodity-dependent countries for the period 1970–2017
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ANWAR, MUHAMMAD AWAIS, NOMAN ARSHED, and MUHAMMAD IBRAHIM SAEED. "Domestic Terrorism, Investment and Economic Growth: Evidence from Developing Countries." International Review of Management and Business Research 9, no. 4 (2020): 233–44. http://dx.doi.org/10.30543/9-4(2020)-20.

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The main objective of the study is to empirically examine the relationship between domestic terrorism, investment and economic growth. The study finds the implication of domestic terrorism on investment and growth among 26 Muslim and 14 Christian developing countries. Data regarding the incidence of terrorism are obtained from Global Terrorism Database (2015). While, economic data are obtained from World Development Indicators (WDI, 2015). The data on external and internal conflict have been extracted from Global Conflict Risk Index (GCRI, 2015) for the time period 1990-2015. Ordinary least sq
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Smriti, Neha, and Niladri Das. "The impact of intellectual capital on firm performance: a study of Indian firms listed in COSPI." Journal of Intellectual Capital 19, no. 5 (2018): 935–64. http://dx.doi.org/10.1108/jic-11-2017-0156.

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Purpose The purpose of this paper is to examine the effect of intellectual capital (IC) on financial performance (FP) for Indian companies listed on the Centre for Monitoring Indian Economy Overall Share Price Index (COSPI). Design/methodology/approach Hypotheses were developed according to theories and literature review. Secondary data were collected from Indian companies listed on the COSPI between 2001 and 2016, and the value-added intellectual coefficient (VAIC) of Pulic (2000) was used to measure IC and its components. A dynamic system generalized method of moments (SGMM) estimator was em
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Akinbode, Sakiru Oladele, Adewale Oladapo Dipeolu, Tobi Michael Bolarinwa, and Oladayo Babaseun Olukowi. "Effect of health outcome on economic growth in sub-Saharan Africa: a system generalized method of moment approach." Journal of Economics and Development 23, no. 3 (2021): 254–66. http://dx.doi.org/10.1108/jed-06-2020-0078.

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PurposeSome progress have been made over time in improving health conditions in Sub-Saharan Africa (SSA). There are, however, contradicting reports on the relationship between health outcomes and economic growth in the region. The paper aimed at assessing the effect of health outcome on economic growth in SSA.Design/methodology/approachData for 41 countries from 2000 to 2018 were obtained from WDI and WGI and analyzed using system generalized method of moment (sGMM) which is appropriate for the present scenario. AR(1) and AR(2) tests were used to assess the validity of the model while Sargan a
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AYENAGBO, Kossi. "The Role of Financial Globalization through FDI in Driving Inequality in the Sub-Saharan Region." Applied Economics and Finance 8, no. 5 (2021): 10. http://dx.doi.org/10.11114/aef.v8i5.5342.

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This paper examines the relationship between globalization and income inequality in Sub-Saharan Africa (SSA). Globalization is here measured using trade variables like the openness rate (TO), financial variables including FDI while income inequality is measured by the GINI coefficient. This was achieved by using data from 26 countries over the period 2005-2014, using the System Generalized Method of Moments (SGMM) estimator to obtain results from the African context. The results suggested that trade openness exerted an equalizing effect while financial globalization through FDI has been the cr
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