The Dynamic Relationship between Real Interest Rate and Investment: An Empirical Analysis for Selected Pacific Island Countries
<p>This study investigates the short run and long run relationship between real interest rate and investment for selected PICs using a PMG - Panel ARDL approach for the period 1980 to 2016. The study reveals a significant negative relationship between real interest rate and investment in long...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2018-09-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/6827 |