determinants in Middle East and North Africa (MENA) region during the period 1970-2010. Using recent panel data techniques, we take …, economic instability and exchange rate have a long-run impact on FDI inflows in our panel …

standard dynamic panel regression and cointegration techniques that have been used in earlier research. The findings reveal … station level adjustment mechanisms in dynamic panel regressions with climate data. The paper provides asymptotic analyses … massive bias in system GMM estimation of the dynamic panel regression parameters, which arise from fixed effect heterogeneity …

, organized in a panel data structure. In this paper, we investigate the consequences of applying such methodologies when the data … are formed by integrated process of order 1. We find that without a cointegration relation (spurious case) the …. Whereas, for the case when at least one cointegration relation exists, we have a T-consistent estimator for the intervention …

unit root test ; panel cointegration test ; Granger causality test … income classification and global) using time series data from 1960 to 2008. Three panel unit root tests results support that … both the variables are integrated of order 1 for all panels except low income panel. Only the variable economic growth is …

which N can grow simultaneously to T for the tests statistics of panel group-mean of time-series estimators to be …

This paper proposes a new test of the null hypothesis that the parameters in a cointegrated panel data regression are …

(industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised … Telecommunication, both in a turn-around phase, and Gas & Oil and Technology, for which there is no panel convergence. Club convergence … tests reveal the existence of convergence clubs and divergent economies within the full panel, which explains why panel …

(industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised … Telecommunication, both in a turn-around phase, and Gas & Oil and Technology, for which there is no panel convergence. Club convergence … tests reveal the existence of convergence clubs and divergent economies within the full panel, which explains why panel …

a world wide perspective the (average) Fisher coefficient is less than unity. Applying panel unit root and cointegration … cointegration linking interest rates and inflation, and stationarity of the real interest rate implying in turn homogeneity of the … potential equilibrium relation. The considered sample is an unbalanced panel and comprises monthly time series data from more …