A Causal Relationship and Macroeconomic Activity: Empirical Results From European Union | Science Publications

Antonios Adamopoulos; Chaido Dritsaki

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A Causal Relationship and Macroeconomic Activity: Empirical Results From European Union | Science Publications

机译：因果关系和宏观经济活动：欧盟的经验结果| Business Wire科学出版物

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> This study investigates the relationship among macroeconomic variables using quarterly data for European Union covering the period from 1970 I to 2000 IV. The purpose of this study is to estimate the dynamic interrelation among macroeconomic variables such as money, gross domestic product, interest rates, level of price and exchange rates. For the empirical analysis of this investigation, we employ the Johansen multivariate cointegration technique as well as Granger causality tests. The empirical results provide evidence for the existence of important causality relations between variables that describe macroeconomic activity.

机译： >这项研究使用欧盟从1970 I到2000 IV的季度数据调查了宏观经济变量之间的关系。这项研究的目的是估计宏观经济变量之间的动态相互关系，例如货币，国内生产总值，利率，价格水平和汇率。为了对此调查进行实证分析，我们采用了约翰逊多元协整技术以及格兰杰因果关系检验。实证结果为描述宏观经济活动的变量之间存在重要因果关系提供了证据。

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《American journal of applied sciences》 |2005年第2期|共页
作者
Antonios Adamopoulos; Chaido Dritsaki;
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A Causal Relationship and Macroeconomic Activity: Empirical Results From European Union | Science Publications

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