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The current study examines the relationship between GDP fluctuations and private investment by using macro panel … test, unit root test under cross sectional dependence, panel cointegration and Group Mean Fully Modified OLS (GM …-FMOLS) estimation. The study finds a long-run co-integrating relationship between GDP fluctuations and private investment in the SSAC …
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little evidence for them. We argue that this outcome could be due to episodic failure of cointegration, possible two …
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