, imports, and research and development (R&D), for 5 Asian countries using panel unit root, panel cointegration with structural … breaks and panel long-run estimator for the period 1974-2007. We model this relationship within the production function …

countries. We use a bootstrapped causality testing approach and unravel evidence in favour of electricity consumption causing …

statistically significant relationships between money demand and its determinants. Our test for panel Granger causality suggests …In this paper, we estimate a money demand function for a panel of five South Asian countries. We find that the money … cointegrated both for individual countries as well as for the panel, and panel long-run elasticities provide robust evidence of …