Mitze, Timo - 2010 - First version: May 2010; this version: October 2010
For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various …