Search Results - subject:"Unrestricted error correction model"

Financial liberalisation and economic growth in Nigeria : an ARDL-bounds testing approach

Owusu, Erasmus L.; Odhiambo, Nicholas M. - In: Journal of economic policy reform 17 (2014) 2, pp. 164-177

Persistent link: https://www.econbiz.de/10010359034

Bounds Testing Approaches to the Analysis of Long Run Relationships

Pesaran, M; Shin, Yongcheol; Smith, Richard J - School of Economics, University of Edinburgh - 2004

This paper develops a new approach to the problem of testing the existence of a long-run level relationship between a dependent variable and a set of regressors, when it is not known with certainty whether the underlying regressors are trend- or first-difference stationary. The proposed tests...

Persistent link: https://www.econbiz.de/10005750733

The Relationship between the Misery Index and Crimes: Evidence from Iran

Piraee, Khosrow; Barzegar, Maryam - In: Asian Journal of Law and Economics 2 (2011) 1

corrected multicollinearity and specification problems in the standard crime function was proposed. Unrestricted error … correction model (UECM) was employed to do bounds test and to examine the presence of cointegration. Multiple-rank F-test was …

Persistent link: https://www.econbiz.de/10014585281

Bounds Testing Approaches to the Analysis of Long-run Relationships

Pesaran, M. Hashem; Shin, Y.; Smith, R.J. - Faculty of Economics, University of Cambridge - 1999

This paper This paper develops a new approach to the problem of testing the existence of a long-run level relationship between a dependent variable and a set of regressors, when it is not known with certainty whether the underlying regressors are trend- or first-difference stationary. The...

Persistent link: https://www.econbiz.de/10005489331