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Johansen cointegration technique and quarterly data for the period 1988:1-2002:2. This paper finds, inter alia, that the demand …
Persistent link: https://www.econbiz.de/10005635676
the Norwegian private mainland economy. The long run solution is analysed using a cointegration technique. The dynamics …
Persistent link: https://www.econbiz.de/10004980524
multivariate cointegration tests for non-stationary data, the error correction model, and impulse response functions the paper …
Persistent link: https://www.econbiz.de/10011096529
economic growth in India during 1970-2007. Using Johansen¡¯s cointegration technique, the paper finds that financial deepening … relationship between them. The Error Correction Model (ECM) further confirms the presence of bidirectional causality between …
Persistent link: https://www.econbiz.de/10011267555
While the global economic recovery continues, it remains uneven and subject to downside risks. Yet,to the extent that these linger, they could undermine growth further and foster larger macroeconomic imbalances.In fact,one unwanted characteristics that most Sub-saharan African economies share,...
Persistent link: https://www.econbiz.de/10011114297
industry in the case of Pakistan by using data from 1971 to 2010 with the help of Johnson\\\'s co-integration test and error … industrial growth and poverty reduction. The estimated coefficient of the ECM indicates a short run relationship between …
Persistent link: https://www.econbiz.de/10010766338
This study examines the factors that determine the export performance of three major agricultural exportable commodities of cocoa, rubber and palm-kernel in the context of liberalization. Using time series data covering thirty three years and to avoid spurious result, error correction model was...
Persistent link: https://www.econbiz.de/10005068406
adopting a particular identification regime which is based on a triangularization of the parameters of the cointegration …
Persistent link: https://www.econbiz.de/10005598188
USA using time series approach for the period 1929-1997. We find cointegration between the variables under study. The EC …
Persistent link: https://www.econbiz.de/10005607522
in many situations. Since cointegration is invariant to temporal aggregation and implies Granger causality this paper …
Persistent link: https://www.econbiz.de/10005702583