endogenous foreign direct investment (FDI). The foreign firm chooses whether to export or to undertake FDI. The host country …

aggregate productivity growth. The dynamism of Asian NIEs (Newly Industrializing Economies) revealed in their export …-level innovation/selection processes of export-oriented economies in Asia over economic fluctuations under intensifying global …

the cointegration regression estimation by Engle and Granger (1987). In recent years applied econometricians are debating …

cointegration and error correction framework. Our findings suggest that any support for the deterrence hypothesis is sensitive to …

This paper provides a new approach to testing cointegration parameters in a single-equation cointegration environment … errors using fixed bandwidth (fixed-b) asymptotic theory and adapting it to the cointegration environment. It is shown that … bandwidth or kernel used, even if the regressors in the cointegration relationship are endogenous. Using asymptotic power and …

-sectionally correlated and cross-sectionally cointegrated. The tests include panel unit root and cointegration tests as special cases. The …

application of wavelet filtering to analyze cointegrating relationships. No evidence of cointegration between money, real output … and prices is found. However, there is evidence of cointegration between non-stationary components of the series that …