cointegration techniques to control for omitted variable and endogeneity bias. We find that aid exerts an inequality increasing …

Vector Autoregressive (VAR) model, whose coefficients are updated by maximum likelihood estimation, as the information set … as nonstationary cointegrated processes, assuming that the agents? recursive estimation algorithm involves only the …

analyses of public capital productivity have been limited to a small sample of countries for which official capital stock …

-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …

to Granger causality tests within a panel cointegration framework. It turns out that the growth effects of FDI vary …Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed … considerably since India has opened up to world markets. This has fuelled high expectations that FDI may serve as a catalyst to …

. Employing Johansen's multivariate cointegration approach, it investigates for ten selected SSA countries the long-run effect of … those cases where cointegration relationships are found-estimated supply elasticities tend to lie between 0.20 and 0 …

The paper investigates by means of cointegration analysis whether the recently observed low levels of private saving …