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We study the relationship between per-capita income and income inequality with a heterogeneous panel co-integration … heterogeneity rather than relying on average panel estimates alone. We find a negative group-mean based relationship using pre …
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1990 to 2019. The results show presence of co-integration among socio-economic variables and three categories of …
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on studies of the developed markets and high-income economies of the world. The objective of this study was to examine … the causal relationship between ICT adoption and stock market development in Africa. The study examined a panel of 11 … African stock exchanges for the period 2008-2017 and employed the panel ARDL bounds testing procedure to test for …
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