standard dynamic panel regression and cointegration techniques that have been used in earlier research. The findings reveal … station level adjustment mechanisms in dynamic panel regressions with climate data. The paper provides asymptotic analyses … massive bias in system GMM estimation of the dynamic panel regression parameters, which arise from fixed effect heterogeneity …

attention to dependence among cross-sectional units, be it time-dependent or not. To obtain a panel cointegration test robust to … independent even in the presence of correlation or cointegration across units, leading to a panel test statistic robust to cross …While the limiting null distributions of cointegration tests are invariant to a certain amount of conditional …