testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms … of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among …

1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long …-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to … identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest …

constraints (IBC) condition via unit root test with structural break and co-integration through Gregory-Hansen test in a 117 long … does not hold for the Brazilian economy. However, there is co-integration among the series used in this work and the …

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … allows us to analyze the short- and long-run impacts of internationalization activities. For the long-run cointegration …

point of view, we apply recent panel cointegration techniques based on factor models that account for two additional …

quarterly data from 1999 to 2019. On the one hand, the causality tests find a unidirectional relation running from the current …