Output growth and investment dynamics in Finland: a panel data analysis

被引：1

作者：

Mahmood, Tahir ^{[1
,2
]}

Ahmad, Eatzaz ^{[2
,3
]}

机构：

[1] Univ Eastern Finland, Joensuu, Finland

[2] QAU, Sch Econ, Islamabad, Pakistan

[3] McMaster Univ, Hamilton, ON, Canada

来源：

EMPIRICA | 2014年 / 41卷 / 04期

关键词：

Output growth; Regional productivity; Investment; Panel data; Co-integration; Error correction; EQUIPMENT INVESTMENT; ECONOMIC-GROWTH; TESTS;

D O I：

10.1007/s10663-013-9236-9

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study analyzes the relationship between output growth and investment in a panel of 20 regions of Finland over the period 1975-2007. This regional study uses Granger non-causality and error-correction models. The most important finding of this study is a unidirectional causality which runs from investment to output growth. The study also verifies the existence of a positive association between growth and investment for the panel of 20 regions of Finland. These findings reconcile with the capital fundamentalists.

引用

页码：777 / 801

页数：25

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