investigate the relationships between separation in cointegration and separation in serial correlation common features. Loosely …

standard dynamic panel regression and cointegration techniques that have been used in earlier research. The findings reveal …

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 …

In this study, we analyse the sustainability of fiscal policy of EU member countries within the panel cointegration and … error-correction frameworks. Unlike the previous empirical papers in this area, we apply the test for panel cointegration … between the primary budget deficit and the public debt defined in GDP ratios. Based on the cointegration test results, we …

unit root test ; panel cointegration test ; Granger causality test …

cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration …

weak exogeneity in panel cointegration models. The test has a limiting Gumbel distribution that is obtained by first …

trading partners for the period 1960-2001. The methodology used here is the likelihood-based panel cointegration recently …