Keywords: Panel ARDL analysis
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Journal Articles
International Journal of Emerging Markets (2025) 20 (3): 1148–1169.
Published: 05 June 2023
... The data was tested via Panel ARDL Analysis. The growth rate (GR) is the dependent variable, and the “Global Terror Index (GTI)” is the independent variable as the terror indicator. The ratio of Foreign Direct Investment (FDI) to the Gross Domestic Product (GDP), and the ratio of External Balance (EB...

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