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(Ebook) The causal relationship between urbanization and economic growth in US: Fresh evidence from the Toda–Yamamoto approach by Dr. ANDISHEH SALIMINEZHAD , Dr. PEJMAN BAHRAMIAN

  • SKU: EBN-22981596
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Instant download (eBook) The causal relationship between urbanization and economic growth in US: Fresh evidence from the Toda–Yamamoto approach after payment.
Authors: Dr. ANDISHEH SALIMINEZHAD , Dr. PEJMAN BAHRAMIAN
Pages:7 pages.
Year:2019
Editon:2
Publisher:Journal of Contemporary Urban Affairs
Language:english
File Size:1.06 MB
Format:pdf
Categories: Ebooks

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(Ebook) The causal relationship between urbanization and economic growth in US: Fresh evidence from the Toda–Yamamoto approach by Dr. ANDISHEH SALIMINEZHAD , Dr. PEJMAN BAHRAMIAN

This study aims to investigate the causal relationships between urbanizationand economic growth for United State during the period 1960- 2017. Weutilize the time series technique known as Toda-Yamamoto method, whichefficiently works even with the variables co-integrated of an arbitrary order.Empirical findings suggest a unidirectional Granger causality running fromurbanization to economic growth, and no Granger causality detected fromeconomic growth to urbanization for the long run. The findings prove thaturbanization is nominated as a main driving force of economic growth.JOURNAL OF CONTEMPORARY URBAN AFFAIRS (2019), 3(2), 166- 172.https://doi.org/10.25034/ijcua.2018.47xd13
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