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test PPP using Johansen's (1988) multivariate cointegration technique. The cointegration tests are conducted with the …
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Evidence-based policy of global warming is best relying on a relevant sample of data. We choose a sample of annual data from 1959 to-date to provide some statistically robust stylized facts about the relationships between actual CO2 and temperature. Visually, there is a clear upward trend in...
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cointegration among individual series. Regarding deterministic convergence, the book provides compelling evidence of convergence in …
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We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....
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