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1975-2009 is considered. Bound testing approach of co-integration which was advanced by Pesaran (2001) and error correction …
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-income countries over the period 1970-2009. The paper employs non-stationary heterogeneous panel cointegration techniques that take …
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- 2007) by using the Auto-regressive Distributed Lag (ARDL) approach to co-integration. The main empirical findings indicate …
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