Re-examining the real interest rate parity hypothesis under temporary gradual breaks and nonlinear convergence

Hasanov, Mübariz; Omay, Tolga; Abioglu, Vasif

doi:10.1007/s10258-023-00245-2

Cited by 1 publication

(1 citation statement)

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“…This test examines a dataset across a spectrum of embedding dimensions, ranging from two to six, offering a nuanced analysis of the data's stochastic nature. The BDS test stands out among alternative methodologies for its ability to enhance analytical rigor, as noted by Turguttopbaş and Omay [160] and Hasanov et al [161]. Its principal advantages include the mitigation of model misspecification errors and the reduction of biases stemming from subjective judgment.…”

Section: Modelmentioning

confidence: 99%

The Green Engine of Growth: Assessing the Influence of Renewable Energy Consumption and Environmental Policy on China’s Economic Sustainability

Wang,

He,

2024

Sustainability

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Utilizing Fourier autoregressive distributed lag and Fourier Toda–Yamamoto causality methodologies, this research assesses the effects that renewable energy consumption and environmental policy had on the economic sustainability of China from 1991 to 2022. Our findings highlight the positive impacts of renewable energy use and stringent environmental policies on China’s economic growth, while also pinpointing the supportive roles played by foreign direct investment, trade openness, and financial sector evolution in fostering a sustainable economic environment. Conversely, a reliance on fossil fuels emerges as a significant barrier to sustainability. Causality tests confirm the essential roles of renewable energy and environmental policies in advancing China’s economic sustainability. This study underscores the critical need for integrating sustainable energy and environmental strategies within China’s economic development framework, advocating for a holistic policy approach that balances economic growth with environmental conservation. This research underscores the imperative for a sustainability-centered strategy for China’s economic advancement.

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Section: Modelmentioning

confidence: 99%