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employing the Kalman filter. The time-varying cointegration parameters suggest that the security measures indeed impacted price …
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a vector error-correction model of daily highs and lows. Contrary to intuition, models based on co-integration of daily …
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Nigeria using the framework of single equation error correction mechanism. The unit root and cointegration tests were …
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The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We examine whether departures from the frontier are...
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