In this paper, we use panel data to empirically analyze the stability of the export functions of LDCs for the period … 1980-2004 using the nonstationary panel time series analysis. We find that the use of panel data for the region of the LDC … -0.34 and income elasticity ranges between 1.36 and 1.79 for the panel of LDCs. …

panel cointegration approach. We estimate a trivariate vector error correction model (VECM) to simultaneously assess the … African States (ECOWAS) and West African Economic and Monetary Union (WAEMU) using non-stationary panel data methodology and a …

during 1988–2008; over the period of 1988–2008. The panel cointegration technique is employed for analysis of short and long …-run relationship between the variables. The results of panel cointegration found that there is a long-run relationship between … money supply, credit to private sector (CPS) and bank deposit liabilities) in human development for a panel of selected …

) per capita in a panel cointegration framework using 86 sample countries. The long-run relationships are identified using … panel unit root tests, cointegration analysis and Dynamic Ordinary Least Squares (DOLS). The ICT indicators are proxied by …

developed methods of panel cointegration along with the popular time series methodologies such as the Johansen's cointegration … economic growth may be related to some level. In the short run, the panel causality tests point to real economic growth as the …

in the cointegration regression. …