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Johansen cointegration technique and quarterly data for the period 1988:1-2002:2. This paper finds, inter alia, that the demand …
Persistent link: https://www.econbiz.de/10005635676
economic growth in India during 1970-2007. Using Johansen¡¯s cointegration technique, the paper finds that financial deepening … relationship between them. The Error Correction Model (ECM) further confirms the presence of bidirectional causality between …
Persistent link: https://www.econbiz.de/10011267555
Augmented Engle-Granger (AEG) co-integration test employed to investigate the dynamic relationship between capital flight and … result of the structural instability in the long-run was captured by the Error Correction Mechanism (ECM) model which was …
Persistent link: https://www.econbiz.de/10009397182
the Norwegian private mainland economy. The long run solution is analysed using a cointegration technique. The dynamics …
Persistent link: https://www.econbiz.de/10004980524
This study examines the factors that determine the export performance of three major agricultural exportable commodities of cocoa, rubber and palm-kernel in the context of liberalization. Using time series data covering thirty three years and to avoid spurious result, error correction model was...
Persistent link: https://www.econbiz.de/10005068406
adopting a particular identification regime which is based on a triangularization of the parameters of the cointegration …
Persistent link: https://www.econbiz.de/10005598188
USA using time series approach for the period 1929-1997. We find cointegration between the variables under study. The EC …
Persistent link: https://www.econbiz.de/10005607522
in many situations. Since cointegration is invariant to temporal aggregation and implies Granger causality this paper …
Persistent link: https://www.econbiz.de/10005702583
industry in the case of Pakistan by using data from 1971 to 2010 with the help of Johnson\\\'s co-integration test and error … industrial growth and poverty reduction. The estimated coefficient of the ECM indicates a short run relationship between …
Persistent link: https://www.econbiz.de/10010766338
cointegration approach and Engle Granger Error Corection Model (ECM), covering monthly time series data from January 2000 to April … 2010, both short run and long run relationships are investigated. It is found out that there is cointegration relationship …
Persistent link: https://www.econbiz.de/10008685166