decreases in economic growth. A GMM panel regression is used to analyze the effects of the average yearly heat index and …

impact of deviations from the long-run sustainable real exchange rate equilibrium on real economic growth rate applying panel …

, highlight instead the importance of total factor productivity surge induced by an undervaluation in increasing growth. …

-run dynamics among R&D spending, number of patents and per capita income growth in the panel of countries and groups for the period … 1996-2017. Using VAR model for the panel data, the study observes that R&D spending, number of patents and per capita …

root and Westerlund (2007) cointegration tests that account for cross-sectional dependence in the series, and three panel … a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit …' integration, heterogeneous balanced panels and cases of limited evidence of cointegration. The empirical results suggested that …

context, we examine ideas production and international knowledge spillovers in a panel of 31 EMEs by accounting for six … robustness checks, including the estimators – a cointegration approach versus a simple fixed effects OLS estimator. …