The Cointegration analysis of per capita trade turnover between the Republic of Azerbaijan and Turkey and the GDPs of these countries [PDF]
The article builds an ECM model (error correction model) of the relationship between Azerbaijan's trade turnover with Turkey per capita and the GDP per capita of these countries for the period 1992–2022.
Yuniszada Roya
doaj +1 more source
TESTING MONETARY EXCHANGE RATE MODELS WITH PANEL COINTEGRATION TESTS [PDF]
The monetary exchange rate models explain the long run behaviour of the nominal exchange rate. Their central assertion is that there is a long run equilibrium relationship between the nominal exchange rate and monetary macro-fundamentals.
Szabo Andrea
doaj
Topological Properties of International Commodity Market: How Uncertainty Affects the Linkages?
ABSTRACT The study aims to explore the network topology of the international commodity market by examining the interconnections among 21 commodity futures across various categories, including energy, precious and industrial metals, and agriculture. We analyze the market structure of these commodity futures under both low and high uncertainty conditions
Ibrahim Yagli, Bayram Deviren
wiley +1 more source
Testing weak exogeneity in cointegrated panels [PDF]
For reasons of empirical tractability, analysis of cointegrated economic time series is often developed in a partial setting, in which a subset of variables is explictly modeled conditional on the rest. This approach yields valid inference only if the conditioning variables are weakly exogenous for the parameters of interest.
Moral-Benito, Enrique, Serven, Luis
openaire +3 more sources
Does a Specialized Niche Market Vegetable Processor Enjoy Bargaining Power?
ABSTRACT Agribusiness companies may achieve competitive advantage through specialization within niche markets. One such niche is the fresh‐cut fruit and vegetable market, which has been steadily growing in Germany. This study examines whether the specialization of a German fresh‐cut producer grants it with market power within this niche market.
Nikolas Bublik +3 more
wiley +1 more source
A Decision-Making Problem for Investment on Renewable Energy Sources in Turkey
Priority of the countries is to achieve economic development and increase the wealth of their nations. In order to achieve this goal, countries need a crucial element which is energy.
Yener Ünal +2 more
doaj
ABSTRACT The US hemp market is a new and nascent industry that has been devoid of research for about half a century. This study examined the effects of exogenous shock on price at each phase of the value chain—Farm (hemp biomass), and its impact on prices at other phases of the value chain—Intermediary Processor (crude cannabidiol hemp) and Final ...
Solomon Odiase +2 more
wiley +1 more source
Aviation Demand and Economic Growth in the Czech Republic: Cointegration Estimation and Causality Analysis [PDF]
The main purpose of the paper is to empirically examine the aviation-led growth hypothesis for the Czech Republic by testing causality between aviation and economic growth.
Bilal Mehmood, Amna Shahid
doaj
Financial Development and Output Growth: A Panel Study for Asian Countries
This paper investigates the relationship between financial markets and output growth for a panel of 27 Asian countries over 1960-2009. It utilizes the recently-developed panel cointegration techniques to test and estimate the long-run equilibrium ...
Sangjoon Jun
doaj +1 more source
Bootstrap cointegration tests in ARDL models
The paper proposes a new bootstrap approach to the Pesaran, Shin and Smith's bound tests in a conditional equilibrium correction model with the aim to overcome some typical drawbacks of the latter, such as inconclusive inference and distortion in size.
Bertelli S., Vacca G., Zoia M.
openaire +4 more sources

