Results 141 to 150 of about 67,836 (307)
Cointegration and Tests of Present Value Models [PDF]
In a model where a variable Y[sub t] is proportional to the present value, with constant discount rate, of expected future values of a variable y[sub t] the "spread" S[sub t]= Y[sub t] - [theta sub t] will be stationary for some [theta] whether or not y ...
John Y. Campbell, Robert J. Shiller
core
Sustainable Development, EarlyView.ABSTRACT Balancing reliable energy supply, equitable access, and environmental sustainability is a central challenge of the global energy transition. This study examines how innovation influences the energy trilemma by shaping energy security, energy equity, and environmental sustainability across 115 countries from 2011 to 2023.
Kingsley Imandojemu +5 more
wiley +1 more source
COINTEGRATION TESTS BASED ON RECORD COUNTING STATISTICS [PDF]
This paper presents of number of cointegration tests that exploit the statistical properties of the records from the original time series variables. We prove their consistency and obtain their asymptotic null distributions.
Alvaro Escribano, Felipe M. Aparicio
core
Sustainable Development, EarlyView.ABSTRACT In advanced European economies facing persistent environmental pressures, achieving the Sustainable Development Goals (SDGs) requires aligning technological transformation with ecological constraints. This study examines the asymmetric effects of medium‐ and high‐technology (M&HTEC) industries on environmental sustainability in the EU‐5 ...
Abdullah Emre Caglar +2 more
wiley +1 more source
Unit roots and cointegration in panels [PDF]
This paper provides a review of the literature on unit roots and cointegration in panels where the time dimension (T), and the cross section dimension (N) are relatively large.
Breitung, Jörg +1 more
core
Sustainable Development, EarlyView.ABSTRACT Despite the Mediterranean region's critical dependence on tourism, the empirical relationship between tourism development and multidimensional sustainable development remains underexplored. Existing studies predominantly rely on unidimensional sustainability proxies, failing to capture the holistic nature of sustainability. This study examines
Emin Ahmet Kaplan +3 more
wiley +1 more source
Crecimiento económico en México: restricción por la balanza de pagos
Ensayos Revista de Economía, 2016 The paper analyzes the Thirlwall’s Law for Mexico during 1993-2014. It includes unit roots and cointegration tests that incorporate endogenous structural breaks.
Ana Lourdes Morones Carrillo
doaj
Fixed-B Asymptotics in Single Equation Cointegration Models with Endogenous Regressors [PDF]
This note uses fixed bandwidth (fixed-b) asymptotic theory to suggest a new approach to testing cointegration parameters in a single-equation cointegration environment. It is shown that the standard tests still have asymptotic distributions that are free
Bunzel, Helle
core
Testing for Unit Roots with Cointegrated Data [PDF]
, 2015 This paper demonstrates that unit root tests can suffer from inflated Type I error rates when data are cointegrated. Results from Monte Carlo simulations show that three commonly used unit root tests - the ADF, Phillips-Perron, and DF-GLS tests - frequently overreject the true null of a unit root for at least one of the cointegrated variables.
openaire +3 more sources
Sustainable Development, EarlyView.ABSTRACT This study investigates the nexus between financial inclusion, institutional quality, and female labor force participation in sub‐Saharan Africa over the period 1990–2023. Using panel data for 43 countries and employing OLS, FGLS, and dynamic GMM estimators, the analysis examines whether access to financial institutions and financial markets ...
Joshua Chukwuma Onwe +3 more
wiley +1 more source