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Statistical Authority. The stationarity of time series is examined using alternative econometric tests, followed by cointegration …
Persistent link: https://www.econbiz.de/10011122785
A framework for developing marketing category management decision support systems (DSS) based upon the Bayesian Vector Autoregressive (BVAR) model is extended. Since the BVAR model is vulnerable to permanent and temporary shifts in purchasing patterns over time, a form that can correct for the...
Persistent link: https://www.econbiz.de/10009448786
data are analyzed using cointegration and error correction to assess causality in differentiating between technological …
Persistent link: https://www.econbiz.de/10005477002
cointegration approach. The results suggest debt servicing, inflation and private investment to be negatively associated. The study …
Persistent link: https://www.econbiz.de/10011259941
Given the strong contribution of tourism in the Moroccan economy, we propose in this paper to analyze the determinants of an empirical point of view of international tourism demand addressed to Morocco. To do this, we estimated a vector error correction (VECM) for the period 2000 - 2009 with a...
Persistent link: https://www.econbiz.de/10011113303
cointegration test results confirm negative impact of economic growth on income inequality whereas foreign aid, foreign direct …
Persistent link: https://www.econbiz.de/10011114382
method of analysis was the cointegration analysis. The stationarity properties of all the variables of interest were checked …This paper examined the macroeconomic determinants of inflation in Ghana using a cointegration approach. The main … cointegration approach showed that there is both long and short run relationship among the variables; therefore, the vector error …
Persistent link: https://www.econbiz.de/10010798299
The Fisherian hypothesis was tested for four regional agricultural interest rates in the 11th Federal Reserve District (Dallas). These interest rates represented agricultural loans of different terms to maturity. Shocks in expected inflation resulted in positive but less than equivalent...
Persistent link: https://www.econbiz.de/10010910520
exchange rate compared with traditional tests like Augmented Dickey-Fuller and Phillips-Perron and cointegration analysis in … stationarity implies that a shock it is absorbed in time and PPP holds in long-run. If nominal exchange rate and prince indices are … PPP strong form. We identify evidence of cointegration for all three models, but we don’t find any evidence to support …
Persistent link: https://www.econbiz.de/10010970425
the time when the emissions limits were granted to specific branches of national economy. We investigated the stationarity … Dickey-Fuller) test as a test for stationarity with lag order equal 7. The need of using ADF test with high lag order equal 7 … is due to high correlati on between energy consumption in consecutive days of the week. The hypotheses of stationarity of …
Persistent link: https://www.econbiz.de/10011010461