Using recently developed panel unit root and panel cointegration tests and the Fully-Modified OLS (FMOLS) methodology … assessing the impact of remittances on growth in Latin American and the Caribbean. Panel unit root tests suggests that several … of the macro variables included in the model exhibit unit roots, yet, at the same time, Pedroni's panel cointegration …

panel data of 135 countries for the period 1995–2008. For this purpose, Panel Granger causality analysis was applied to 11 …. -- tourism income ; economic growth ; panel unit root ; panel causality …

annual macroeconomic panel data for selected 14 Asian economies. The study focuses on the link between the indicators of … financial development and economic growth. The results of panel cointegration analysis suggest that there is two …

This paper aims to investigate the long-run relationship between financial development and economic growth using panel … unit root and panel cointegration analysis in 16 selected low-income countries for the period of 20 years from 1995 to 2014 … exists a cross-sectional dependence across the countries. The Pedroni’s panel cointegration analysis provides clear support …

homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

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 …

In this paper, we apply the asymptotic theory of panel cointegration developed by Kao and Chiang (1997) to Coe and …

approaches. On the one hand, by using a panel error correction model with a sample of 130 countries between 1980 and 2020, we …