real exchange rates in panel frameworks. One weakness of such tests, however, is that they fail to inform the researcher as … a small number of real exchange rates in a given panel may drive the results. In this paper we examine the PPP … when applied to a set of established panel-unit-root tests, allows the identification of the real exchange rates that are …

a few more recent contributions made use of panel data. So far that research left open the question whether to treat …

the FDI decision. In the empirical part, we estimate a dynamic panel data model and find that structural expenditures …

period from 1970 to 2000. We apply a new panel error correction technique which allows us to constrain the long …

. Using a macroeconomic panel of OECD countries, it roughly confirms previous findings reported by Yi and Choi (2005) by …

agricultural markets by putting a specific focus on the role of trade policy. Applying different dynamic panel data estimators and …