Do aggregate domestic consumption spending & technological innovation affect industrialization in South Africa? An application of linear & non-linear ARDL models

被引:36
|
作者
Ahmad, Manzoor [1 ,2 ]
Khattak, Shoukat Iqbal [3 ]
Khan, Shehzad [4 ]
Rahman, Zia Ur [5 ]
机构
[1] Nanjing Univ, Dept Ind Econ, Sch Econ, Nanjing, Jiangsu, Peoples R China
[2] Abdul Wali Khan Univ Mardan, Dept Econ, Mardan, Pakistan
[3] Jimei Univ, Sch Business Adm, Xiamen, Fujian, Peoples R China
[4] Abdul Wali Khan Univ Mardan, Inst Business Studies & Leadership IBL, Mardan, Pakistan
[5] Xiamen Univ, Res Sch Southeast Asian Studies, Xiamen, Fujian, Peoples R China
关键词
Aggregate domestic consumption spending (ADCS); technological innovation (TINN); ARDL; NARDL; FOREIGN DIRECT-INVESTMENT; OIL;
D O I
10.1080/15140326.2019.1683368
中图分类号
F [经济];
学科分类号
02 ;
摘要
The current paper has attempted to measure the effect of the positive and negative shocks of aggregate domestic consumption spending (ADCS) and technological innovation (TINN) on industrialisation in South Africa using the time-series data from 1980 to 2014. The ARDL estimations indicated that the ADCS and TINN determine industrialisation in both the short term and long term, while the NARDL estimations suggested that the positive shocks in ADCS and TINN have a positive effect on industrialisation in both the short run and long run. Our results validated an asymmetrical association between TINN and industrialisation, and between ADCS and industrialisation.
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页码:43 / 64
页数:22
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