consist of current and capital expenditures. To address this question, we employ the VAR model, the Johansen Cointegration …

on this issue is discussed. Then, panel data tests on stationarity, cross-dependence, cointegration, and causality are …, for the period 1980-2013, using panel data methodologies. After a brief introduction, a survey of the economic literature …

European countries between 1996 and 2013, we apply panel data and SUR methods to assess public expenditure-income elasticities …

unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we … national stochastic trends. We find evidence for a cross-section cointegration relationship between the exchange rates and …

maximum-likelihood-based panel cointegration tests with the help of Monte Carlo simulations. In this study the panel-p, the … power properties among the five panel cointegration test statistics evaluated. Finally, the Fisher Hypothesis is tested with … group-p, the panel-t, the group-t statistics of Pedroni (1999) and the standardized LR-bar statistic of Larsson er al. (2001 …

coefficients, we find that positive skewness generally exerts a dominant influence. Employing Panel Cointegration Techniques, we …

spending efficiency scores via data envelopment analysis. Second, relying on panel data and impulse response approaches, we … sector efficiency, both for local projections and panel analysis. For instance, efficiency rises by 10 percent following a …

spending efficiency scores via data envelopment analysis. Second, relying on panel data and impulse response approaches, we … sector efficiency, both for local projections and panel analysis. For instance, efficiency rises by 10 percent following a …