approaches. On the one hand, by using a panel error correction model with a sample of 130 countries between 1980 and 2020, we …

This paper considers spatial autoregressive panel data models and extends their analysis to the case where the spatial … develops a quasi maximum likelihood (QML) estimation procedure. Under certain regularity conditions, it is shown that the QML … section dimensions of the panel are large. It derives the asymptotic covariance matrix of the QML estimators allowing for the …

TWFE panel data Difference-in-Differences (DID) model to define the correct statistical framework of the study, and to …

real exchange rates in panel frameworks. One weakness of such tests, however, is that they fail to inform the researcher as … a small number of real exchange rates in a given panel may drive the results. In this paper we examine the PPP … when applied to a set of established panel-unit-root tests, allows the identification of the real exchange rates that are …

behaviour. We employ panel estimation method with a pooled mean group estimator. The results do confirm the thesis that foreign …