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Keywords: VECM
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Journal Articles
International Journal of Comparative Education and Development (2026) 28 (1): 20–35.
Published: 06 January 2026
... from 2010-Q1 to 2023-Q4, the study employs the Johansen cointegration approach, the autoregressive distributed lag (ARDL) bounds testing framework and the vector error correction model (VECM) to examine both long-run and short-run dynamics. In addition, Granger causality tests are conducted...
