, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …

. For these purposes, panel unit root tests are employed to improve power against univariate counterparts. Since cross … section correlation is a distinct feature of the underlying panel data, results are based on various second generation panel …-stationarity of hours worked. In addition, taking these results together, there is no indication of cointegration among the individual …

influence of unobserved heterogeneity in the framework of panel data models. The analysis shows that the probability for an …

and provide some remarks for future research. -- Economic integration ; regional growth ; EU Cohesion Policy ; panel data …

explains the concept of panel unit roots and panel cointegration and introduces the underlying empirical approach. Next … employs a panel data technique is used. This estimator is suited for integrated annual macroeconomic panel data sets to …