Chang, Chun-Ping; Lee, Chien-Chiang - In: Global Economic Review 39 (2010) 2, pp. 151-173
investigated. By applying Pedroni's panel cointegration technique instead of a time-series or traditional panel data approach, this … globalization index, and its three main dimensions—economic, social, as well as political integrations—by using panel data for 23 … run. Based on the results of the panel causality test, though the evidence of short-run causality is very weak, it does …