Zeren, Fatma; Savrul, Burcu Kilinc - In: Istanbul University Econometrics and Statistics e-Journal 18 (2013) 1, pp. 134-151
This paper examines the export-led growth hypothesis in a panel of selected European countries from 1970 to 2011. For this purpose, a panel hidden cointegration test is used. Initially, cumulative negative and positive changes are constructed for each panel variable. Then the potential panel...