This paper uses panel cointegration and error correction models to unveil the direction of long-run causality between … in 30 developed and developing economies. In both datasets, I find evidence of cointegration between the two variables …

countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI …

Using panel data, this paper tests whether foreign, public, and private capital have a positive and significant effect … Least Squares (FMOLS) procedure developed by Pedroni to generate consistent estimates of the relevant panel variables in the …

point of view, we apply recent panel cointegration techniques based on factor models that account for two additional …

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

Western European countries between 1990 and 2006 and uses the latest developments in panel unit root and cointegration testing … counterparts. -- Technology spillovers ; trade ; investment ; panel cointegration … been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 …

determinants in Middle East and North Africa (MENA) region during the period 1970-2010. Using recent panel data techniques, we take …, economic instability and exchange rate have a long-run impact on FDI inflows in our panel …