-GLS and PP unit root tests which indicated that the series are I(1). We find a cointegration relationship between government …

using al cointegration tests in the case of Euro Area. This paper examines the causal relationship between output gap …

for the US, Japan, Germany and the UK are compared with estimation results from partial modeling approached adopted in the …

for the US, Japan, Germany and the UK are compared with estimation results from the partial modeling approached adopted in …

during the period of 1987-2004 using bounds testing approach to cointegration. In order to explain the main determinants of … model.The cointegration tests indicate the presence of a long-run relationship between the current account and budget … deficits as well as the domestic investments during the estimation period. As a result, it is concluded that the twin deficit …

Malaysia over four decades is used as a case study. Empirical result obtained from the Johansen-Juselius (1990) cointegration …

account in estimations. Therefore, the recent panel cointegration method developed by Westerlund (2006) was applied to the …) cointegration test estimations detected multiple structural shifts in every panel case; however, the hypothesis of cointegration in …