growth in 15 Sub-Saharan African (SSA) countries using panel unit root and cointegration tests over the period 1980 to 2004 …

This paper argues that typical applications of panel unit root tests should take possible nonstationarity in the … volatility process of the innovations of the panel time series into account. Nonstationarity volatility arises for instance when … enjoyed by many industrialized countries, known as the "Great Moderation". It also proposes a new testing approach for panel …

This paper argues that typical applications of panel unit root tests should take possible nonstationarity in the … volatility process of the innovations of the panel time series into account. Nonstationarity volatility arises for instance when … enjoyed by many industrialized countries, known as the `Great Moderation.' It also proposes a new testing approach for panel …

model was first estimated using three estimation methods, namely, the Panel Least Squares, the Panel Fully Modified Least …, India, China, and South Africa, and uses quarterly data for period from 1993Q1 to 2021Q2. The specified panel regression … Squares (FMOLS), and Panel Dynamic Least Squares (DOLS). In addition, to estimate the short-run and long-run effects of real …

) estimation of 46 states over the period from 1998 to 2017. The findings confirm that the PMG estimates of the effect of stock … reject the null of no cointegration among the models' variables, which contrasts with the pervasive view concerning the …