This study reexamines the relationship between energy consumption per capita and real GDP per capita for Indonesia, Malaysia, the Philippines, Singapore and Thailand using both panel data causality which is taking into account cross-sectional dependence and heterogeneity among the countries and...

The paper investigates the causality relationships among industrial production index, coal consumption and employment in industrial sector for the period of 1973:1–2011:10 in USA. After noticing that there are breaks in the regression model, the Hatemi-J test for cointegration is employed to...

2003:1 ile 2011:9 doneminde Turkiye’nin ithalat-ihracat-reel doviz kuru arasindaki nedensellik iliskisinin ampirik olarak arastirildigi bu calismada Hacker ve Hatemi-J (2006) tarafindan onerilen kaldiracli bootstrap teknigiyle duzeltilmis MWALD testi uygulanmistir. Toplam ihracat-toplam...

This paper re-examines the empirical validity of the hysteresis hypothesis in unemployment rates in terms of education level in 17 OECD countries. To this end for unbalanced panel, we employ Pesaran’s Cross Sectional Dependence (CD) and Cross-Sectionally Augmented ADF (CADF) tests. Our...