Search Results - subject:"Noncausality"

Assessing the relevance of the Granger non-causality test for energy policymaking

Bergougui, Brahim; Zambrano-Monserrate, Manuel A. - In: Energy strategy reviews 59 (2025), pp. 1-12

This paper highlights the relevance of Granger non-causality tests in energy economics research, particularly for … artificial intelligence, GDP, trade, population, and energy efficiency using the CS-ARDL approach, complemented by Granger non-causality … development. Furthermore, using data from Zhao et al. (2024), we confirm that incorporating non-causality tests enhances the …

Persistent link: https://www.econbiz.de/10015451547

A novel test for the presence of local explosive dynamics

Blasques, Francisco; Koopman, Siem Jan; Mingoli, Gabriele; … - 2024

In economics and finance, speculative bubbles take the form of locally explosive dynamics that eventually collapse. We propose a test for the presence of speculative bubbles in the context of mixed causal-noncausal autoregressive processes. The test exploits the fact that bubbles are...

Persistent link: https://www.econbiz.de/10014536201

Causal inference and data fusion in econometrics

Hünermund, Paul; Bareinboim, Elias - In: The econometrics journal 28 (2025) 1, pp. 41-82

Persistent link: https://www.econbiz.de/10015357822

Optimal formula instruments

Borusyak, Kirill; Hull, Peter - 2025

When estimating the effects of treatments defined by complex formulas, researchers often use simple functions of exogenous shocks as instruments. A leading example is "simulated instruments" for public policy eligibility, which capture variation in state-level policy generosity. We show how more...

Persistent link: https://www.econbiz.de/10015358340

Going beyond randomised controlled trials to assess treatment effect heterogeneity across target populations

Lugo-Palacios, David G.; Bidulka, Patrick; O'Neill, Stephen - In: Health economics 34 (2025) 1, pp. 85-104

Persistent link: https://www.econbiz.de/10015358398

Quantifying the internal validity of weighted estimands

Poirier, Alexandre; Słoczyński, Tymon - 2025

In this paper we study a class of weighted estimands, which we define as parameters that can be expressed as weighted averages of the underlying heterogeneous treatment effects. The popular ordinary least squares (OLS), two-stage least squares (2SLS), and two-way fixed effects (TWFE) estimands...

Persistent link: https://www.econbiz.de/10015358999

The causal effect of crop diversification obligations on crop diversity : an EU-level analysis

Brutti, Zelda; Freo, Marzia; Serlenga, Laura - 2025

The Common Agricultural Policy (CAP) is a cornerstone policy of the European Union, increasingly focused on promoting environmentally sustainable practices. In 2014, the CAP introduced Greening payments and a crop diversification requirement to enhance soil resilience and mitigate ecosystem...

Persistent link: https://www.econbiz.de/10015359087

Taking an extra moment to consider treatment effects on distributions

Heckley, Gawain; Petrie, Dennis - 2025

This paper introduces Parameter Estimation by Raw Moments (PERM), a flexible method for evaluating a policy's impact on the parameters of an outcome distribution. Such parameters include the variance (E[Y 2 ]−E[Y] 2 ), skewness and covariance of two outcomes. PERM simplifies distributional...

Persistent link: https://www.econbiz.de/10015359099

Financial development, economic growth and income inequality in Central Eastern European transition economies : evidence from the Toda-Yamamoto panel causality test

Sotiropoulou, Theodora - In: Ekonomika : mokslo žurnalas 104 (2025) 1, pp. 139-163

annual panel data for 13 Central Eastern European transition economies from 2000 to 2020. The Granger non-causality test of …

Persistent link: https://www.econbiz.de/10015359725

Features of the relationship between corruption, human capital components and economic growth (case of EU candidate countries)

Stryzhak, Olena - In: Ekonomika : mokslo žurnalas 104 (2025) 1, pp. 122-138

The changing geopolitical situation in the European region has actualized the issues of further EU enlargement. As a result, the relevance of studying many aspects of the functioning economic systems of candidate countries has increased. In this context, the purpose of this article is to...

Persistent link: https://www.econbiz.de/10015359728