Showing 1 - 10 of 74
This paper examines the unit root properties of crude oil production for 60 countries employing a range of panel data unit root tests for the period 1971 to 2003. The study first employs a number of panel data tests that do not accommodate structural breaks and then proceeds to apply the...
Persistent link: https://www.econbiz.de/10013105857
Persistent link: https://www.econbiz.de/10008665202
Persistent link: https://www.econbiz.de/10009243526
Persistent link: https://www.econbiz.de/10008841997
Persistent link: https://www.econbiz.de/10008737344
Persistent link: https://www.econbiz.de/10003822531
Persistent link: https://www.econbiz.de/10003608185
Persistent link: https://www.econbiz.de/10003744763
Persistent link: https://www.econbiz.de/10010516625
Despite a plethora of studies on purchasing power parity (PPP), those that take a cointegration approach have found mixed evidence on PPP. The goal of this article is to obviate existing tensions in the PPP literature by using a simple test for cointegration between nominal exchange rate and...
Persistent link: https://www.econbiz.de/10013105379