Results 91 to 100 of about 67,070 (277)
TESTING MARKET EQUILIBRIUM: IS COINTEGRATION INFORMATIVE?
Journal of Agricultural and Resource Economics, 1997 Cointegration methods are increasingly used to test for market efficiency and integration. The economic rationale for these tests, however, is generally unclear. Using a simple spatial equilibrium model to simulate equilibrium price behavior, it is shown that prices in a well-integrated, efficient market need not be cointegrated.
McNew, Kevin +3 more
openaire +3 more sources
Sustainable Development, EarlyView.ABSTRACT This study examines the asymmetric effects of eco‐innovation on income‐based carbon emissions inequality within G7 economies over the period 1990–2023. Theoretically grounded in innovation diffusion theory and political economy frameworks, we argue that green technological advancements exert non‐linear, directional effects on emissions ...
Brahim Bergougui +5 more
wiley +1 more source
Asymmetric price transmission in the Slovak liquid milk market
Agricultural Economics (AGRICECON), 2013 The divergence in liquid milk price trends has raised concern about the efficiency of the milk market price transmission in Slovakia. The paper provides empirical evidence on the price transmission among the producer, wholesale, and retail markets of ...
T. Weldesenbet
doaj +1 more source
Does the Purchasing Power Parity Hold in Emerging Markets? Evidence from Black Market Exchange Rates [PDF]
We examine the Purchasing Power Parity (PPP) hypothesis using a unique panel of monthly data on black market exchange rates for twenty emerging market economies over the period 19973M1-1993M12.
Cerrato, Mario, Nicholas Sarantis
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TESTING INTEGRATION AND COINTEGRATION: AN OVERVIEW
Oxford Bulletin of Economics and Statistics, 1992 The paper exposits Wiener distribution theory for I(1) time series as an overview to a special issue on testing integration and cointegration. The behavior of an I(1) series is related to a Wiener process to derive the limiting distribution of its sample mean. Other Wiener processes are related to functions of the normal distribution.
Banerjee, A, Hendry, D
openaire +2 more sources
Women's Empowerment, Governance, and the Economics of Clean Cooking Transitions in Africa
Sustainable Development, EarlyView.ABSTRACT Over the past few decades, the global economy, particularly in developing nations, has persistently grappled with rising dependence on conventional energy resources, thus rendering the realization of Sustainable Development Goals 5 and 7 (SDGs 5 and 7) an elusive aspiration for the international community.
Stephen Kelechi Dimnwobi +2 more
wiley +1 more source
Sustainable Development, EarlyView.ABSTRACT This study evaluates the dynamic relationship between Green Finance (proxied by green Official Development Assistance) and the expansion of Renewable Energies on biodiversity conservation across 48 African countries over the period 2000–2017.
Mounkaila Gourouza Nana Hadiza +1 more
wiley +1 more source
Temporal Dynamics of Tourism Sustainability: Economic and Environmental Evidence From Greece
Sustainable Development, EarlyView.ABSTRACT Tourism is a resource‐intensive sector that generates substantial economic benefits while exerting long‐term pressure on energy systems and the environment. This study examines the sustainability of tourism in Greece by analyzing how tourism growth affects economic performance, energy consumption, and carbon emissions across different time ...
Stylianou Tasos
wiley +1 more source
Testing The Random Walk Hypothesis: An Application in the BRIC Countries and Turkey
Romanian Economic Journal, 2015 This paper investigates the weak form efficiency in the BRIC countries and Turkey with use of autocorrelation analysis, unit root tests, Johansen cointegration and Granger causality test.
Halime Temel Nalın , Sevinç Güler
doaj
ADL tests for threshold cointegration [PDF]
In this paper, we propose new tests for threshold cointegration in the autoregressive distributed lag (ADL) model. The indicators in the threshold model are based on either a nonstationary or stationary threshold variable.
Jing Li, Junsoo Lee
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