Carrion-i Silvestre et. al. (2009) unit root test with multiple structural breaks and the cointegration relationship between … variables is tested with Maki (2012) cointegration test with multiple structural breaks. Dynamic ordinary least squares (DOLS …) method is used for estimating cointegration coefficients. Findings – It is revealed with the study that foreign direct …

change in operating procedures of the Fed in September 1979. This finding casts some doubts on cointegration tests of the …

This paper examines empirically the association between foreign direct investment inward and foreign direct investment … panel cointegration tests with a certain number of structural changes, the empirical findings show that FDI inward does …

This paper tests the Purchasing Power Parity Theory of Exchange Rates dealing with Argentinean data for the period 1900 … theory is not verified in Argentina, since its RER appears as a non-stationary variable, and there is no evidence of … cointegration between the nominal exchange rate and the relative prices. In particular, the Argentinean RER appears to be trend …

Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania and Russia) using monthly data over the 1995 - 2011 period. We …

test PPP using Johansen's (1988) multivariate cointegration technique. The cointegration tests are conducted with the …

The net contribution of the decomposed measures of foreign direct investment (FDIs), e.g., the inward and outward flows … of FDIs, to domestic investment is still inconclusive in the case of underdeveloped and developing countries. The current … investments (FDIs) on the domestic investment in Bangladesh. This study considers annual time series data from 1976 to 2019 and …