. The empirical part of the paper consists in estimating a VAR-based 3-equation cointegration system. Long-term equilibrium … estimated cointegration relationship connecting the RER with relative prices and the current account. Results show that the gap …

traditional Balassa-Samuelson model. With this as a background, alternative cointegration methods are applied to time series …

We use rolling cointegration to measure the convergence of base money, M2, the consumer price index and industrial …. Counties that recently joined the EU exhibit time-varying cointegration with the reference countries over much of the 1980 …-2000 sample period. Cointegration for the transition economies was comparable for M2 and prices, but less so for monetary policy …

employing the Johanssen cointegration tests and the threshold generalized autoregressive heteroscedasticity model with the in …

comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a … recently China, gained a CA in modern services, such as computer and information services during the period considered in this … losing its initial dominance. In contrast, the U.S. CA or CDA vis-à-vis China exhibits high levels of persistence over time …

China's reform worked and produced one of the most impressive growth in the largest developing and transition economy … in the world in the past twenty-two years. That China has managed to grow so rapidly despite the absence of many … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China's reform is a serial …

contexts of China and Russia. Using interview data of 159 software entrepreneurs in Beijing and Moscow, the study found that …