The impact of fixed capital formation on GDP in Libya using the ARDL autoregressive distributed lag model

Authors

  • Siham Yusuf Ali College of Agriculture - Sebha University
  • Abdullah Ibrahim Noureddine College of Agriculture - Sebha University

Keywords:

Gross fixed capital formation, Autoregressive Distributed lag Model, Co-integration relationship, Granger Causality

Abstract

The purpose of this paper is to reveal the relationship between the gross fixed capital formation and the gross domestic product(GDP) in Libya during the period 1970-2013. This was tested by using the autoregressive distributed lag model(ARDL) and Granger causality test. The results of this study revealed a co-integration relationship between these variables and also in the long run there's a positive statistical significance between capital formation and (GDP).

Published

2017-06-01

How to Cite

Ali, S. Y., & Noureddine, A. I. (2017). The impact of fixed capital formation on GDP in Libya using the ARDL autoregressive distributed lag model. Afaqeqtisadia Journal , 3(06), 1–16. Retrieved from https://afaq.elmergib.edu.ly/index.php/afaq/article/view/99

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