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The Determinants of Economic Well-being:An Application in the Indian States

Basu, Sudip Ranjan - EconWPA - 2005

good governance (using latent variable approach) and a financial decentralisation index. Panel data is employed to explore … outcome in the economic well-being index. The evidence shows a strong positive link ( from using data of 16 major Indian …

Persistent link: https://www.econbiz.de/10005556056

Economic Growth, Well-Being and Governance under Economic Reforms: Evidence from Indian States

Basu, Sudip Ranjan - EconWPA - 2005

higher level of economic well-being. We estimate economic well-being index (by aggregating fifteen socio- economic variables …, viz, education, infrastructure, technological progress, income, etc.) and also index of good governance (by aggregating …

Persistent link: https://www.econbiz.de/10005556115

On the power of panel cointegration tests: A Monte Carlo comparison. Economics Letters, 80(1):105-111.

Gutierrez, Luciano - EconWPA - 2002

This paper enlarges on Karlsoon and Löthgreen’s (2000) results on panel unit root tests to panel cointegration tests. We show that for homogeneous panel, Kao’s (1999) tests have higher (lower) power than Pedroni’s (1999) tests when a small-T (high-T) number of observations are included in...

Persistent link: https://www.econbiz.de/10005119080

Tests for cointegration in panels with regime shifts

Gutierrez, Luciano - EconWPA - 2005

In the paper we extend Gregory and Hansen’s (1996)ADF, Za, Zt cointegration tests to panel data, using the method proposed in Maddala and Wu (1999). We test the null hypothesis of no cointegration for all the units in the panel against the alternative hypothesis of cointegration, while...

Persistent link: https://www.econbiz.de/10005119193