Long-term relationship between investment and economic growth: a cointegration analysis of OECD countries
This article investigates the impact of domestic investments on economic growth in OECD countries from 2000 to 2020. It identifies factors affecting economic growth and analyzes the relationship between domestic investments and economic growth using econometric models. Empirical data from the World...
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| Format: | Article |
| Language: | English |
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University of A Coruna
2023-12-01
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| Series: | European Journal of Government and Economics |
| Subjects: | |
| Online Access: | https://revistas.udc.es/index.php/ejge/article/view/9909 |
| _version_ | 1827595238379618304 |
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| author | Fisnik Morina Valdrin Misiri Fitore Gashi |
| author_facet | Fisnik Morina Valdrin Misiri Fitore Gashi |
| author_sort | Fisnik Morina |
| collection | DOAJ |
| description |
This article investigates the impact of domestic investments on economic growth in OECD countries from 2000 to 2020. It identifies factors affecting economic growth and analyzes the relationship between domestic investments and economic growth using econometric models. Empirical data from the World Bank, IMF, and OECD reports supports the positive impact of domestic investments on economic growth in OECD countries. The study also finds a long-term causality between GDP and Gross Fixed Capital Formation (GFCF). These findings offer valuable insights into investment dynamics and their effects on economic growth, informing governments and policymakers in OECD countries.
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| first_indexed | 2024-03-09T02:50:46Z |
| format | Article |
| id | doaj.art-f9b41862c4b94c2c9c359b96c832cabf |
| institution | Directory Open Access Journal |
| issn | 2254-7088 |
| language | English |
| last_indexed | 2024-03-09T02:50:46Z |
| publishDate | 2023-12-01 |
| publisher | University of A Coruna |
| record_format | Article |
| series | European Journal of Government and Economics |
| spelling | doaj.art-f9b41862c4b94c2c9c359b96c832cabf2023-12-05T13:29:33ZengUniversity of A CorunaEuropean Journal of Government and Economics2254-70882023-12-0112210.17979/ejge.2023.12.2.9909Long-term relationship between investment and economic growth: a cointegration analysis of OECD countriesFisnik Morina0Valdrin Misiri1Fitore Gashi2University "Haxhi Zeka", Peja, Republic of KosovoUniversity “Haxhi Zeka”, Peja, Republic of KosovoUniversity “Haxhi Zeka”, Peja, Republic of Kosovo This article investigates the impact of domestic investments on economic growth in OECD countries from 2000 to 2020. It identifies factors affecting economic growth and analyzes the relationship between domestic investments and economic growth using econometric models. Empirical data from the World Bank, IMF, and OECD reports supports the positive impact of domestic investments on economic growth in OECD countries. The study also finds a long-term causality between GDP and Gross Fixed Capital Formation (GFCF). These findings offer valuable insights into investment dynamics and their effects on economic growth, informing governments and policymakers in OECD countries. https://revistas.udc.es/index.php/ejge/article/view/9909investmentseconomic growthOECD countries |
| spellingShingle | Fisnik Morina Valdrin Misiri Fitore Gashi Long-term relationship between investment and economic growth: a cointegration analysis of OECD countries European Journal of Government and Economics investments economic growth OECD countries |
| title | Long-term relationship between investment and economic growth: a cointegration analysis of OECD countries |
| title_full | Long-term relationship between investment and economic growth: a cointegration analysis of OECD countries |
| title_fullStr | Long-term relationship between investment and economic growth: a cointegration analysis of OECD countries |
| title_full_unstemmed | Long-term relationship between investment and economic growth: a cointegration analysis of OECD countries |
| title_short | Long-term relationship between investment and economic growth: a cointegration analysis of OECD countries |
| title_sort | long term relationship between investment and economic growth a cointegration analysis of oecd countries |
| topic | investments economic growth OECD countries |
| url | https://revistas.udc.es/index.php/ejge/article/view/9909 |
| work_keys_str_mv | AT fisnikmorina longtermrelationshipbetweeninvestmentandeconomicgrowthacointegrationanalysisofoecdcountries AT valdrinmisiri longtermrelationshipbetweeninvestmentandeconomicgrowthacointegrationanalysisofoecdcountries AT fitoregashi longtermrelationshipbetweeninvestmentandeconomicgrowthacointegrationanalysisofoecdcountries |