cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration … several countries, and panel data results corroborate the time-series findings …

In this study, we analyse the sustainability of fiscal policy of EU member countries within the panel cointegration and … error-correction frameworks. Unlike the previous empirical papers in this area, we apply the test for panel cointegration … panel cointegration relationship. In a next step, we search for the politico-economic factors which explain the variation in …

countries over the period 1991-2017. The evidence from panel co-integration models of government revenue and expenditure shows … panel data econometric estimators, this article examines the issue of fiscal sustainability for a group of 10 Caribbean …

of panel unit root and Pedroni test of panel cointegration. The tests are applied to the relationships, in terms of GDP …

generation” panel techniques that control for correlation among the Laender. A unique identification strategy for the selection …

for the full panel. Performing an expanding window analysis, we conclude that the differential between the long-term real …