Showing 1 - 10 of 192
, inflation in average consumer prices and real effective exchange rate using the new heterogeneous panel cointegration technique …. In pursuit of this objective, the tests of panel cointegration, the Hausman Test and Fully Modified Ordinary Least … Squares (FMOLS) are conducted by using panel data. The data used in this study are annual covering the period 1980 - 2014. …
Persistent link: https://www.econbiz.de/10011737713
using descriptive trend analysis and panel data analysis. The trend and descriptive analysis assessed the behavior of … external debt and economic growth while the empirical analyses employed panel data regression in which a fixed effect model was …
Persistent link: https://www.econbiz.de/10013341537
considers the panel vector error correction (PVECM) procedure to explain changes in economic growth outcomes as induced by oil … rent, coal rent and forest rent. The consideration of the (PVECM) was premised on the panel unit root process that returns …
Persistent link: https://www.econbiz.de/10014265930
datos panel no estacionarios, usando como forma de especificación una función de producción, con el objeto de controlar … identificar la no estacionariedad de las variables y la prueba de cointegración en panel de Pedroni (2004) para evitar una … non stationary panel approach, using a function production specification in order to control for other sources of …
Persistent link: https://www.econbiz.de/10010763621
Persistent link: https://www.econbiz.de/10011690865
Economists increasingly pay attention to social capital as an important determinant of macroeconomic growth performance. At the same time, there is discussion regarding the robustness of the results of empirical growth studies. In a seminal paper, Knack and Keefer (1997) assess the effect of...
Persistent link: https://www.econbiz.de/10011326961
This paper, empirically, tests the validity of Okun’s law in Nigerian economy from 1980-2012. The two versions of the difference model approach of the Okun’s law are used even though one of them is frequently used in the literature. We utilize Var-cointegration method and examine the...
Persistent link: https://www.econbiz.de/10009788571
In this paper, we propose a consistent nonparametric test for linearity in a large dimensional panel data model with … our test performs well in finite samples. An application to an economic growth panel dataset indicates significant …
Persistent link: https://www.econbiz.de/10010887080
This study investigates the causality relationship between defence expenditures and Non Oil economic growth in Saudi Arabia over the period 1970-2012. Using Unit root tests, Johansen’s co-integration test and Granger Causality test. In this paper we found the existence of bi-directional...
Persistent link: https://www.econbiz.de/10011259131
This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers...
Persistent link: https://www.econbiz.de/10011259539