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We consider the problem of testing for a structural break in the spatial lag parameter in a panel model (spatial autoregressive). We propose a likelihood ratio test of the null hypothesis of no break against the alternative hypothesis of a single break. The limiting distribution of the test is...
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-run relationships by allowing for causality and convergence, are employed. In three essays, the proposed procedures are applied to food …
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Union by checking for convergence among banks of European and Eurozone countries as well as contrasting the results with …, we apply a panel data model, in order to investigate the process of banking integration by testing for convergence and … considerably higher than that of the Eurozone and the European Union. Although there is no evidence of convergence across the …
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