additional variables. The Augmented Dickey Fuller (ADF) and Johansson Cointegration tests are used to test stationarity for all … variables and cointegration respectively. The results of these tests demonstrate that all variables are non-stationary at levels …

conventional residual-based cointegration tests employed fail to identify any meaningful long run relationship in both functions …, the Gregory- Hansen structural break cointegration approach confirms the cointegration relationships despite the …

series. Given the non-stationarity of our variables, we found cointegration to exist only between oil price and foreign … reserve. The presence of cointegration implied the existence of long run relationship between the variables. The Granger …

cointegration between the nominal exchange rate and the relative prices. In particular, the Argentinean RER appears to be trend …

ignored in existing empirical studies. We use time series and up-to-date panel data techniques to test for cointegration with … the possibility of structural breaks and show how the long run may be restored in the estimation. The main finding is that … run cointegration relationship, where over the sample period the fixed component of the pass-through decreased while the …

agricultural exports for Pakistan employing Johansen co-integration technique for the period 1972 - 2008. The findings of the study …

in 50 countries: Tests of cointegration and structural breaks, 2002) by employing bounds tests to level relationships and …

spread between West Texas Intermediate and Brent in a data set from 1995 to 2019. We find a major structural break in …