Felicitas Nowak-Lehmann D.; Martínez-Zarzoso, Inmaculada; … - Ibero-Amerika Institut für Wirtschaftsforschung (IAI), … - 2009
standard panel estimation techniques, such as 2-ways FE estimation, panel GMM and SUR estimation, points to some pitfalls … (impossibility of possible cointegration between aid and growth, autocorrelation of the error terms, endogeneity of the variables …) that must be dealt with panel time series techniques (such as panel unit root test, panel cointegration tests and panel …