Using linearity tests proposed by Choi and Saikkonen (2004), this paper finds evidence of a non-linear cointegrating money demand relationship in China during the 1987-2008 period and identifies potential explanations for this non-linearity.

This article presents a general comparative analysis of two kinds of approach - linear "disciplinary" and non-linear "trans-disciplinary" - used in the assessment of marginal areas. These approaches reflect different kinds of thinking about marginal areas more than describe specific modelling...

The aim of this paper is to study the relationship between terms of trade and real exchange rates of commodity-producing countries on both the short and the long run. We pay particular attention to the dominant role played by oil among commodities by investigating the potential non-linear effect...

Using linearity tests proposed by Choi and Saikkonen (2004), this paper finds evidence of a non-linear cointegrating money demand relationship in China during the 1987-2008 period and identifies potential explanations for this nonlinearity.

The article conducts a study of influence of periodic effect upon economic systems. It shows a danger of the resonance case when frequency of external periodic effect on the system tends to its own frequency of vibrations near the state of equilibrium. In this case, the amplitude of vibrations...

This paper models total factor productivity (TFP) in space and proposes an empirical model for TFP interdependence across spatial locations. The interdependence is assumed to occur due to age-structured human capital dynamics. A semi-parametric spatial vector autoregressive framework is...

A new test for non-linearity in the conditional mean is proposed using functions of the principal components of regressors.  The test extends the non-linearity tests based on Kolmogorov-Gavor polynomials (Thursby and Schmidt, 1977, Tsay, 1986, and Terasvirta, Lin and Granger, 1993), but...