Assessing the asymmetric war-growth nexus: A case of Afghanistan.

ABSTRACT: This study explores the war-growth nexus in Afghanistan, a country where war-torn acts inform resource allocation. Employing the asymmetric ARDL, dynamic multipliers, and asymmetric causality techniques, the initial results confirm the existence of a long-run asymmetric nexus amid predictors. The asymmetric ARDL results indicate that a positive asymmetric shock from the per capita cost of war reduces per capita GDP-that is, economic growth-while a negative asymmetric shock from the per capita cost of war increases growth in the short and long run. Moreover, the findings reveal that per capita capital investment, per capita energy consumption, per capita household consumption, per capita remittance, per capita foreign direct investment, population growth, and inflation rate have significant

SUBMITTER: Hameed MA 

PROVIDER: S-EPMC9385010 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature