Journal Of Contemporary Urban Affairs

Journal Of Contemporary Urban Affairs

The causal relationship between urbanization and economic growth in US: Fresh evidence from the Toda–Yamamoto approach

Yazarlar: ANDISHEH SALIMINEZHAD, PEJMAN BAHRAMIAN

Cilt 3 , Sayı 2 , 2019 , Sayfalar 166-172

Konular:-

DOI:10.25034/ijcua.2018.47xd13

Anahtar Kelimeler:Urbanization,Economic growth,Toda-Yamamoto method.

Özet: This study aims to investigate the causal relationships between urbanization and economic growth for United State during the period 1960- 2017. We utilize the time series technique known as Toda-Yamamoto method, which efficiently works even with the variables co-integrated of an arbitrary order. Empirical findings suggest a unidirectional Granger causality running from urbanization to economic growth, and no Granger causality detected from economic growth to urbanization for the long run. The findings prove that urbanization is nominated as a main driving force of economic growth.

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@article{2019, title={The causal relationship between urbanization and economic growth in US: Fresh evidence from the Toda–Yamamoto approach}, volume={3}, number={166–172}, publisher={Journal Of Contemporary Urban Affairs}, author={ANDISHEH SALIMINEZHAD, PEJMAN BAHRAMIAN}, year={2019} }
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ANDISHEH SALIMINEZHAD, PEJMAN BAHRAMIAN. (2019). The causal relationship between urbanization and economic growth in US: Fresh evidence from the Toda–Yamamoto approach (Vol. 3). Vol. 3. Journal Of Contemporary Urban Affairs.
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ANDISHEH SALIMINEZHAD, PEJMAN BAHRAMIAN. The Causal Relationship between Urbanization and Economic Growth in US: Fresh Evidence from the Toda–Yamamoto Approach. no. 166–172, Journal Of Contemporary Urban Affairs, 2019.
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