Showing 1 - 10 of 18,328
using time series data from 1980 to 2004. We first estimate a panel data model (using fixed and random effects) for the real … of real exchange rate misalignment using panel cointegration methods. The variables used in our real exchange rate models …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …
Persistent link: https://www.econbiz.de/10003969632
using time series data from 1980 to 2004. We first estimate a panel data model (using fixed and random effects) for the real … of real exchange rate misalignment using panel cointegration methods. The variables used in our real exchange rate models …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …
Persistent link: https://www.econbiz.de/10013142797
impact of deviations from the long-run sustainable real exchange rate equilibrium on real economic growth rate applying panel …
Persistent link: https://www.econbiz.de/10013252580
Empirical studies outline developing countries’ experience economic growth through an undervalued exchange rate and that exchange rate overvaluations have negative long term effects on economic growth. This paper examined the impact of exchange rate movements as well as exchange rate...
Persistent link: https://www.econbiz.de/10011956526
and developing countries grouped in panels by similar characteristics. Panel long-run causality is assessed with a …
Persistent link: https://www.econbiz.de/10013030525
capital accumulation channel? The analysis is conducted on a panel of 72 countries over 1970-2008. The results give strong …
Persistent link: https://www.econbiz.de/10013097165
international trade, GDP, and employment globally. Global trade is impacted by the emergence of GVCs in areas as diverse as …
Persistent link: https://www.econbiz.de/10012795288
This paper investigates the performance of the IMF WEO growth forecast revisions across different horizons and country groups. We find that: (i) growth revisions in horizons closer to the actual are generally larger, more volatile, and more negative; (ii) on average, growth revisions are in the...
Persistent link: https://www.econbiz.de/10013300855
country and panel data. For the econometric estimation, we use annual data for 1963-2005. For Japan, we find that the … a two-way causality between the growth of real GDP and the growth of the number of patents. For panel data, we find that …
Persistent link: https://www.econbiz.de/10012768321
In this paper, we apply the asymptotic theory of panel cointegration developed by Kao and Chiang (1997) to Coe and … Helpman's (1995) international R&D spillovers regression. The OLS with bias-correction, the fully-modified (FM) and the …
Persistent link: https://www.econbiz.de/10014183549