analysis in the new Member States of the European Union (EU) is conducted using panel cointegration methods. A well …

analysis in the new Member States of the European Union (EU) is conducted using panel cointegration methods. A well …

The power of standard panel cointegration statistics may be affected by misspecification errors if proper account is … when testing the null hypothesis of no cointegration that retain good properties in terms of empirical size and power … panel cointegration statistics rely on the assumption of cross-section independence, a generalisation of the tests to the …