This paper deals with a special case of estimation with groupeddata, where the dependent variable is only available for groups,whereas the endogenous regressor(s) is available at the individuallevel. In this situation, the solution adopted by researchers is toaggregate the individual data and...

This paper reports on the result of a Monte Carlo study. The latter investigates the performance of various versions of the Conformity test (CCT) for the existence and rank of cointegration, as given in Johansen (J) (1988), (1991), and the stochastic trends qf(k,m) test (SW), as given in Stock...