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Price convergence and integration in the Germany, France and Italy electricity markets

Charfeddine, Lanouar; Jbir, Rafik; Karboul, Jihane - Institut de Préparation à l'Administration et à la … - 2014

investigating possible price convergence. Two empirical approaches have been considered to investigate this issue : cointegration … France and Italy pairs no price convergence has been detected when the cointegration analysis is employed and when using the …

Persistent link: https://www.econbiz.de/10010891050

A Macro Assessment of China Effects on Malaysian Exports and Trade Balances

Chan, Tze-Haw; Lean, Hooi-Hooi; Hooy, Chee-Wooi - Institut de Préparation à l'Administration et à la … - 2014

This paper focuses on the impact of China’s export expansion on Malaysian monthly trading with to her 12 major trading …

Persistent link: https://www.econbiz.de/10010891076

Testing the Purchasing Power Parity Hypothesis: Re-examination by Additional Variables, Tests with Known Cointegrating Vectors, Monte Carlo Critical Values, and Fractional Cointegr...

Kasuya, Munehisa; Ueda, Kozo - Bank of Japan - 2000

Watson(1995), more appropriate critical values through Monte Carlo experiments, and fractional cointegration. Results show … that the PPP hypothesis is not necessarily rejected from the viewpoint of fractional cointegration, although analyses …

Persistent link: https://www.econbiz.de/10010894543

Searching for the Long-Run Relations between Monetary Aggregates and Other Macroeconomic Variables in Japan: A Vector Error Correction Approach

Kameda, Seisaku; Kyoso, Kinuko; Yoshida, Tomoo - Bank of Japan - 1998

This paper proposes a vector error correction model of five economic variables in Japan: money, income, general price, land price, and interest rate. Following Johansen's procedure, we find three unique cointegrating vectors, which are accepted by hypothesis testing. From the viewpoint of...

Persistent link: https://www.econbiz.de/10010894616

Empirical testing of genuine savings as an indicator of weak sustainability: a three-country analysis of long run trends

Blum, Matthias; Greasley, David; Hanley, Nicholas; … - Department of Economics, University of Stirling - 2014

Genuine Savings has emerged as a widely-used indicator of sustainable development. In this paper, we use long-term data stretching back to 1870 to undertake empirical tests of the relationship between Genuine Savings (GS) and future well-being for three countries: Britain, the USA and Germany....

Persistent link: https://www.econbiz.de/10010894662

The Demand for Calories in Turkey

HALICIOGLU, Ferda - In: Iktisat Isletme ve Finans 27 (2012) 316, pp. 93-108

prices using time series data for Turkey during 1965-2007. ARDL cointegration analysis yields an income elasticity of calorie …

Persistent link: https://www.econbiz.de/10010894765

An Empirical Investigation of Fisherian Link in BRIC-T Countries

BAYAT, Tayfur; KAYHAN, Selim; DOĞAN, Çetin - In: Iktisat Isletme ve Finans 29 (2014) 334, pp. 95-120

out nonlinear cointegration, frequency domain test approach. The results suggest that strong evidence of non-linear co-integration …

Persistent link: https://www.econbiz.de/10010894788

Apertura, productividad y gasto agregado: un modelo de fundamentos del tipo de cambio real.

Mordecki, Gabriela; Benítez, Juan - Instituto de Economía, Facultad de Ciencias … - 2012

The Uruguayan economy has undergone over the past two decades an important growth process, together with a real appreciation of the domestic currency. This implied that the Real Exchange Rate (RER), calculated as TP/NTP, experienced important changes. From this phenomenon, this paper examines...

Persistent link: https://www.econbiz.de/10010894948

Exports and real exchange rates in a small open economy

Mordecki, Gabriela; Ramírez, Lucía; Brunini, Alvaro - Instituto de Economía, Facultad de Ciencias … - 2013

This paper analyzes the relationship between exports and real exchange rate (RER) of six Uruguayan export products …-2011. We considered the sectoral RER and used the Johansen cointegration methodology to adjust the models. No evidence was … to one in relation to chemical imports, due to the fact that Uruguay must import the raw material for this industry …

Persistent link: https://www.econbiz.de/10010894967

Demandas de turismo Argentina y Brasileña en Uruguay

Mordecki, Gabriela; Altmark, Silvia; Santiñaque, Florencia - Instituto de Economía, Facultad de Ciencias … - 2012

Argentinian and Brazilian demands for tourism in Uruguay are analyzed separately. These countries represent 66.25% of the receptive tourism in Uruguay, however they presente different characteristics. Two long-run relationships among tourism expenditures, income and real touristic exchange rate...

Persistent link: https://www.econbiz.de/10010894972