of real exchange rate misalignment using panel cointegration methods. The variables used in our real exchange rate models … using time series data from 1980 to 2004. We first estimate a panel data model (using fixed and random effects) for the real …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …

This paper applies the recently developed maximum-likelihood-panel cointegration method of Larsson and Lyhagen (2007 … error terms. The findings using this new method are contrasted to those from the Pedroni (1995) cointegration tests and …

The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004 …

cointegration between the nominal exchange rate and the relative prices. In particular, the Argentinean RER appears to be trend …

expansion of tourism. Cointegration techniques and the multivariate Granger causality test are applied. Results reveal that …

explains the concept of panel unit roots and panel cointegration and introduces the underlying empirical approach. Next … employs a panel data technique is used. This estimator is suited for integrated annual macroeconomic panel data sets to …

prices and economic growth and energy consumption were tested empirically using error-correction based panel cointegration … tests and panel Autoregressive Distributed Lag (ARDL) approach. We applied this methodology on annual data of composite …. We found significant cointegration between energy prices and real GDP per capita as well as between energy prices and …