determining which two stocks can be a pair, Banerjee et al. (1993) shows that the cointegration technique is more ffective than … cointegration error following an AR(1) process. …

economies of Asia. Based on cointegration and vector error correction modeling the empirical results show that there exists … unidirectional short- and long-run causality running from energy consumption to GDP for China, uni-directional short-run causality … the countries concerned. The results suggest that while India may directly initiate energy conservation measures, China …

capital, foreign direct investment (FDI) and information and communication technology (ICT). The Johansen (1988) cointegration …

Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality … the cointegration analysis of production in Australia and should be included in the long-run production relationship along …

that cointegration and the accompanying equilibriumcorrection relationship between market and book values for firms listed …

, relationships among the various topics are developed and the validity of empirical tests (e.g., cointegration tests) relating to …