This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence … of a long-run Granger causality from economic growth to lower energy intensity for all countries. The study also finds …

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses …

This paper estimates a panel model in which the relationship between inequality and gross domestic product per capita …-income countries, inequality has a significant negative effect on transitional growth. For the median country in the world that in 2015 …

Using a panel of 80 developing and developed countries for the period 1990-2015, this studyanalyses the relationship …

African Monetary Union and 4.3-4.5 percent in the West African Monetary Union. Homogeneous cointegration panel data analyses … threshold above which additional inflationary pressures adversely affect economic expansion. It uses cointegration methods that … indicate that it is possible to increase the threshold levels used by regional central banks to 5.4-5.6 percent in the Central …

services industry in Egypt. There is an especially critical role for bank financing to support the private sector to maintain …

This paper summarizes the World Bank's approach to identifying parameters for key equations in its macro structural … calibration or Bayesian estimation, because the functional forms imposed in the panel are consistent with those used in the macro … infeasible or yield unstable estimates. To identify parameters that could be used in such cases, a cointegrating panel approach …