Search Results - subject:"unit root and cointegration"

Panel data tests of PPP: A critical overview

Caporale, Guglielmo Maria; Cerrato, Mario - 2004

This paper reviews panel unit root and cointegration tests in the context of PPP. It highlights various drawbacks of …

Persistent link: https://www.econbiz.de/10010293710

Panel Data Tests Of PPP: A Critical Overview

Caporale, GM; Cerrato, M - 2004

panel unit root and cointegration tests in the context of PPP. It highlights various drawbacks of existing methods. First …

Persistent link: https://www.econbiz.de/10009481458

Does the Balassa-Samuelson Hypothesis Hold for Asian Countries?. An Empirical Analysis using Panel Data and Cointegration Tests

Drine, I.; Rault, Ch. - In: Applied Econometrics and International Development 4 (2004) 4

This paper tests empirically the Balassa-Samuelson (BS) hypothesis using annual data for 6 Asian countries. We apply new panel data cointegration techniques recently developed by Pedroni (2000, 2004) and we compare the results with those obtained with conventional Johansen (1995)’s time series...

Persistent link: https://www.econbiz.de/10004965356

Panel Data Tests of PPP. A Critical Overview

Caporale, Guglielmo Maria; Cerrato, Mario - Department of Economics and Finance Research and … - 2004

This paper reviews panel unit root and cointegration tests in the context of PPP. It highlights various drawbacks of …

Persistent link: https://www.econbiz.de/10005572026

A re-examination of the Purchasing Power Parity using non-stationary dynamic panel methods : a comparative approach for developing and developed countries

Drine, Imed; Rault, Christophe - William Davidson Institute, University of Michigan - 2003

The aim of this paper is to apply recent advances in the econometrics of non-stationary dynamic panel methods to examine the robustness of the PPP concept for a sample of 73 developed and developing countries. Our investigations indicate that the strong PPP is verified for OECD and MENA...

Persistent link: https://www.econbiz.de/10005489909

Does the Purchasing Power Parity Hold in Emerging Markets? Evidence from Black Market Exchange Rates

Cerrato, Mario; Sarantis, Nicholas - Royal Economic Society - RES - 2003

panel unit root and cointegration tests. Panel unit root tests do not favour mean reversion in the real black market …

Persistent link: https://www.econbiz.de/10005398521

Does the Balassa-Samuelson Hypothesis Hold for Asian Countries? An Empirical Analysis using Panel Data Cointegration Tests

Drine, Imed; Rault, Christophe - 2002

This paper tests empirically the Balassa-Samuelson (BS) hypothesis using annual data for 6 Asian countries. We apply new panel data cointegration techniques recently developed by Pedroni (2000) and we compare the results with those obtained with conventional Johansen (1995)’s time series...

Persistent link: https://www.econbiz.de/10009477039

Does the Balassa-Samuelson Hypothesis Hold for Asian Countries? An Empirical Analysis using Panel Data Cointegration Tests

Drine, Imed; Rault, Christophe - William Davidson Institute, University of Michigan - 2002

This paper tests empirically the Balassa-Samuelson (BS) hypothesis using annual data for 6 Asian countries. We apply new panel data cointegration techniques recently developed by Pedroni (2000) and we compare the results with those obtained with conventional Johansen (1995)’s time series...

Persistent link: https://www.econbiz.de/10005652525

The relationship between corruption and income inequality in U.S. states: evidence from a panel cointegration and error correction model

Apergis, Nicholas; Dincer, Oguzhan; Payne, James - In: Public Choice 145 (2010) 1, pp. 125-135

Persistent link: https://www.econbiz.de/10008673693

Energy consumption and economic growth in Central America: Evidence from a panel cointegration and error correction model

Apergis, Nicholas; Payne, James E. - In: Energy Economics 31 (2009) 2, pp. 211-216

This study examines the relationship between energy consumption and economic growth for six Central American countries over the period 1980–2004 within a multivariate framework. Given the relatively short span of the time series data, a panel cointegration and error correction model is...

Persistent link: https://www.econbiz.de/10005279971