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€“2009Q4. The cointegration analyses suggest that there is a stable long-run equilibrium relationship among the variables …
Persistent link: https://www.econbiz.de/10011136393
-productive activities. This paper employs the Autoregressive Distributed Lag bounds testing approach to cointegration to investigate the …
Persistent link: https://www.econbiz.de/10011136583
introduced to capture the relative price responsiveness of agricultural supply in the state. Structural breaks, cointegration and …
Persistent link: https://www.econbiz.de/10011136597
Relationship banking based on Okun’s ‘customer credit markets’ has important implications for monetary policy via the credit transmission channel. Studies of less-developed country (LDC) credit markets from this point of view seem to be scanty and this article attempts to...
Persistent link: https://www.econbiz.de/10011136615
How important is trade openness as a vehicle for driving productivity in developing countries? We offer a sector-specific analysis with focus on the manufacturing sector for meaningful policy insights. Using a modern econometric technique—the autoregressive distributed lag approach to...
Persistent link: https://www.econbiz.de/10011136630
to 2010. The Bartlett-corrected trace test for cointegration was adopted to examine the presence of a long …
Persistent link: https://www.econbiz.de/10011136631
and long runs. In doing so, Auto Regressive Distributed Lag (ARDL) bounds testing has been employed for cointegration, and …
Persistent link: https://www.econbiz.de/10011136677
(1988) cointegrated vector autoregression (VAR) model as well as a single-equation bounds-testing approach to cointegration …
Persistent link: https://www.econbiz.de/10011137080
Cointegration test in order to find the cointegration among major world stock exchanges. The results find one way granger causality …
Persistent link: https://www.econbiz.de/10011137469
2000 to 17 July 2009 and examines levels of cointegration and unidirectional volatility spillovers using Johanssenâ …€™s Cointegration test and GARCH (1,1) model with BHHH algorithm. The results show evidence of cointegration along with increasing …
Persistent link: https://www.econbiz.de/10011137565