Showing 1 - 10 of 315
The present paper presents the supply and demand trends of rice, wheat, total cereals, pulses, edible oil/oilseeds and … sugar/sugarcane. It provides the demand and supply projections for food items during 2011, 2021 and 2026. These projections … with projections provided by other scholars has also been made in the paper. Subsequently, the future supply-demand gap has …
Persistent link: https://www.econbiz.de/10011807615
A puzzle in international macroeconomics is that observed real exchange rates are highly volatile. Standard international real business cycle (IRBC) models cannot reproduce this fact. We show that total factor productivity processes for the United States and the rest of the world are...
Persistent link: https://www.econbiz.de/10010292354
processes, cointegration is a necessary condition both for consistent estimation of the parameters of the model and … compatibility between the model and the data. Tests find little support for cointegration and, together with an out …
Persistent link: https://www.econbiz.de/10010321545
fundamental supply and demand shocks when long run equilibrium relationships between the levels of the variables are included in …
Persistent link: https://www.econbiz.de/10010321604
When dealing with time series that are integrated of order one, the concept of cointegration becomes crucial for the … misspecified. This paper investigates the small sample performance of four well-known cointegration tests when a system has been …
Persistent link: https://www.econbiz.de/10010321641
The temporal interdependence between saving and output has been in focus in a number of recent empirical studies. Results from these studies have compelled some authors to question the traditional notion of a causal chain where saving leads growth through capital accumulation. This paper...
Persistent link: https://www.econbiz.de/10010321740
long run movements in the real exchange rate for Denmark and Norway, while demand shocks account for most of the long run …
Persistent link: https://www.econbiz.de/10010321757
money stock, and is not due to money demand instabilities. Two Monte Carlo experiments that lend credence to our findings … are also reported on. The first shows that cointegration vector parameter estimation error is crucial when using VEC …
Persistent link: https://www.econbiz.de/10010263217
markets. By employing parametric and nonparametric cointegration procedures, we show that the point estimates of the …
Persistent link: https://www.econbiz.de/10010273656
We employ parametric and non-parametric cointegration to investigate the extent of integration between African stock … cointegration approaches confirm the latter through recursive estimation. The implication is that global market movements may have …
Persistent link: https://www.econbiz.de/10010273679