Dergiler / Reforma / 2016 / Sayı: 70
AN EMPIRICAL ANALYSIS OF INVESTMENTS’ IMPACT ON THE ECONOMY OF KYRGYZSTAN
- Dergi
- Reforma
- Sayı
- 2016 · Sayı: 70
- Sayfa
- 22–29
- DOI
- —
Özet
Like in many developing countries, investments are the main factor of economic growth in Kyrgyzstan. In this paper we analyzed the relationship between investments (INV), money supply (M2) and economic growth (GDP) in Kyrgyzstan. Empirical analysis using the ARDL Bounds Testing Approach showed that both investments and money supply (M2) have statistically significant positive effect on GDP in the short and long run.
Abstract
Like in many developing countries, investments are the main factor of economic growth in Kyrgyzstan. In this paper we analyzed the relationship between investments (INV), money supply (M2) and economic growth (GDP) in Kyrgyzstan. Empirical analysis using the ARDL Bounds Testing Approach showed that both investments and money supply (M2) have statistically significant positive effect on GDP in the short and long run