sensitive to foreign activity. Germany has benefited from growth dynamics of trading partners and high income elasticities of … predicted export growth. Moreover, taking into account quantity and price effects caused by changes in the real exchange rate … the real exchange rate is the indicator to focus on in explaining German export success. …

-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …

of Brent crude oil have on inbound tourism demand (tourist arrivals) from Poland, Slovakia, Germany, and Austria in the … variable are considered. To achieve this aim, cointegration analysis under the VECM approach is applied. The results show that … negatively to changes in tourism prices in the Czech Republic. Tourists from Germany and Poland do not respond to changes in the …

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 … allows us to analyze the short- and long-run impacts of internationalization activities. For the long-run cointegration …