Similar Search Results

Growth rate estimation in the presence of unit roots

Chatterji, Monojit; Choudhury, Homagni - 2010

This study addresses the issue of the presence of a unit root on the growth rate estimation by the least …

Persistent link: https://www.econbiz.de/10008666855

Revisiting Energy Consumption and GDP Causality : Importance of a Priori Hypothesis Testing, Disaggregated Data, and Heterogeneous Panels

Liddle, Brant - 2015

This paper disaggregates energy consumption and GDP data according to end-use to analyze a broad number of developed and developing countries grouped in panels by similar characteristics. Panel long-run causality is assessed with a relatively under-utilized approach recommend by Canning and...

Persistent link: https://www.econbiz.de/10013030525

Change Detection and the Causal Impact of the Yield Curve

Hurn, Stan - 2016

Causal relationships in econometrics are typically based on the concept of predictability and are established in terms of tests for Granger causality. These causal relationships are susceptible to change, especially during times of financial turbulence, making the real-time detection of...

Persistent link: https://www.econbiz.de/10012977935

Nonlinear cointegration analysis and the environmental Kuznets curve

Hong, Seung Hyun; Wagner, Martin - 2008

. Here we provide the necessary tools for EKC analysis by deriving estimation and testing theory for cointegrating equations … consider fully modified OLS estimation, specification tests based on augmented and auxiliary regressions, as well as a sub …

Persistent link: https://www.econbiz.de/10010294039

Estacionariedad, cambios estructurales y crecimiento económico en México: 1895-2008

Noriega, Antonio E.; Rodríguez-Pérez, Cid Alonso - 2011

This paper shows that the evolution of the level of Mexico real and real per capita output between 1895 and 2008 can be adequately described through a trendstationary model, affected by 4 structural breaks, which occurred at dates that seem to coincide with domestic institutional arrangements,...

Persistent link: https://www.econbiz.de/10010322550

Natural resources: Curse or blessing?

van der Ploeg, Frederick - 2010

Are natural resources a 'curse' or a 'blessing'? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...

Persistent link: https://www.econbiz.de/10010270490

Natural resources : curse or blessing?

Ploeg, Frederick van der - 2010

Are natural resources a "curse" or a "blessing"? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...