2009, Cho et al. 2015). However, applications of panel quantile regression with macro time series data are relatively rare …. This paper considers a two-way fixed effects quantile cointegration model with I(1) macro panel data. The model extends the … QCM (quantile cointegration model) of Xiao (2009) to incorporate I(1) panel data. Kim (2022) showed that the extension to …

overall. We made an illustrative application, an estimation of Okun’s law with regional panel data from 16 local Korean …

China. Using the panel data on Korean FDI in China for the years 1988-2002, we examined the geographic determinants of …

based on a Bayesian panel VAR model show that the key factors driving them differ depending upon the type of investment …

group, using the recently developed several nonstationary panel cointegration techniques. The savings and investment rates … are nonstationary and cointegrated in panel. The estimated FH coefficients using panel FMOLS and DOLS estimators have … country groups. In addition, the FH coefficient using the panel cointegration estimator in FH original samples (16 OECD …