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corruption on economic growth of AFTZ member states. The study employed a panel data analysis for the period 2010-2016, using … the determining variable. The usual 3 panel models were run for each group, with efficiency noted from the reported …
Persistent link: https://www.econbiz.de/10012910879
This paper proposes a new panel unit root test based on the generalized method of moments approach for panels with a …
Persistent link: https://www.econbiz.de/10011259926
The paper proposes statistics to test the null hypothesis of no cointegration in panel data when common factors drive …
Persistent link: https://www.econbiz.de/10009369178
–2004, particularly focusing on considering the presence of multiple structural breaks in the provincial-level panel data. First, the … panel-based unit root test that allows for occurrence of multiple breaks at various break dates across provinces is … each province, which are combined to construct the panel unit root test, this study assumes three data generating processes …
Persistent link: https://www.econbiz.de/10005621418
to invent tools and methodologies for effective inferences in panel unit root models. Simulations show that our approach …
Persistent link: https://www.econbiz.de/10010574097
The purpose of this paper is twofold: 1) to highlight the widely ignored but fundamental problem of ‘superpopulations’ for the use of inferential statistics in development studies. We do not to dwell on this problem however as it has been sufficiently discussed in older papers by...
Persistent link: https://www.econbiz.de/10008923034
This article analyzes the main existing theories on income and population city growth: the existence of increasing returns to scale, the importance of locational fundamentals, and random growth. To do this we develop a nonlinearity test that is implemented to a dataset on urban, climatological...
Persistent link: https://www.econbiz.de/10008756299
bootstrap test for panel cointegration robust to short- and long-run dependence across units. Thid test provides evidence of a …
Persistent link: https://www.econbiz.de/10008683317
Constant factor loadings is a standard assumption in the analysis of large dimensional factor models. Yet, this assumption may be restrictive unless parameter shifts are mild. In this paper we develop a new testing procedure to detect big breaks in factor loadings at either known or unknown...
Persistent link: https://www.econbiz.de/10009132743
Time invariance of factor loadings is a standard assumption in the analysis of large factor models. Yet, this assumption may be restrictive unless parameter shifts are mild (i.e., local to zero). In this paper we develop a new testing procedure to detect big breaks in these loadings at either...
Persistent link: https://www.econbiz.de/10011052242