Using recently developed panel unit root and panel cointegration tests and the Fully-Modified OLS (FMOLS) methodology …, this paper estimates the impact of remittances on the economic growth of selected upper and lower income Latin American … assessing the impact of remittances on growth in Latin American and the Caribbean. Panel unit root tests suggests that several …

restrictive business and labor market regulations. The results also show that long-run causality runs in both directions …

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 … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

This paper exhaustively analyses the recent decline of international trade elasticities to output growth. We extend an …

potential candidate countries. The analysis reveals that total factor productivity growth has been the main driver of … convergence, followed by capital deepening, whereas labour has contributed only marginally to economic growth. There is evidence … negative link between the initial level of GDP and subsequent growth. Labour productivity has improved in most countries, while …

are formed by integrated process of order 1. We find that without a cointegration relation (spurious case) the …. Whereas, for the case when at least one cointegration relation exists, we have a T-consistent estimator for the intervention …

cointegration and examine the causal relationship between ICT adoption and stock market development. The dependent variable employed … development and vice versa for better economic growth. Policymakers should embrace policies that support the deregulation of stock …