-run causal relations between share price and dividend. Prior to this, panel unit root tests and panel cointegration tests are … the Indian market. Design/methodology/approach – Panel vector error correction model is estimated to examine the long …-directional long-run causality between share price and dividends. Research limitations/implications – For the chosen sample, data on …

‐series analysis for causality as well as the newly developed panel unit root and cointegration techniques and estimated finance …Purpose – This paper aims to use the newly developed panel data cointegration analysis and the dynamic time series … associated with capital accumulation growth and lead to faster rates of economic growth. Originality/value – Panel cointegration …

Southeast Asian countries and the economic growth. Design/methodology/approach The presence of Islamic banks is measured by the … study starts by checking the presence of cointegration using Pedroni’s and Westerlund’s specifications; short- and long …-run dynamics are further analyzed with the panel autoregressive distributed lag model (ARDL)-based estimators: pooled mean group …

Purpose – This paper aims to investigate the relationship between structural change and economic growth for a panel of … change indices – modified Lilien index and the norm of absolute values. It utilizes the recently developed panel … cointegration techniques to test and estimate the long-run equilibrium of the growth equation. Findings – The results confirm that …

econometric analysis, namely, panel cointegration and Granger causality on 20-year panel data on 16 major Indian states to … investigate the causality. Findings The results suggest GDP to Granger cause public expenditure on health both in the short run …

/methodology/approach – Through panel cointegration analysis, variance decompositions (VDCs) and impulse response functions, this study investigates …; it employs panel cointegration analysis, VDCs and impulse response functions on the set of annual data for period of 2000-2009.  …

recently developed Granger non‐causality tests by Toda‐Yamamota, Dolado and Lutkephol (popularly known as the TYDL model) for … activity (IIP) are integrated of order one, i.e. I (1). The Johansen‐Juselius co‐integration tests suggest the existence of one … co‐integrating vector. This rules out spurious relations and suggests the presence of at least one direction of causality …

, such as unit root tests and cointegration tests, mainly relying on expectations of future steams of dividends, the authors …

-Saharan Africa. Design/methodology/approach A dynamic panel causality test based on the Blundell-Bond’s system generalized methods …-of-moment was used. To make efficient inference for the estimates, the authors check for the panel unit root and co-integration … difference and co-integrated. The results of the causality tests reveal evidence of long and short-run bidirectional causality …