We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 … specified, not accounting for cross-sectional dependence, non-stationarity and cointegration as well as parameter heterogeneity …. Using a panel time-series approach that adequately models these issues, we find that population size has a positive long …

root and Westerlund (2007) cointegration tests that account for cross-sectional dependence in the series, and three panel … a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit …' integration, heterogeneous balanced panels and cases of limited evidence of cointegration. The empirical results suggested that …

(DEA). Then, relying on panel data and instrumental variable approaches, we estimate the effect of public sector efficiency …

Dynamic Panel Data system analysis.Findings - Article results show a significant and robust negative association between …

developments in the panel time series literature. In particular, we employ the Common Correlated Effects (CCE) estimator developed … in Pesaran (2006) and estimate the effects of fiscal policy for a panel of EU countries using annual data from 1995 to … CCE estimation generates significantly larger effects of fiscal policy on growth with respect to the other widely used …