Nonlinear Cointegration and Nonlinear Error Correction: Record Counting Cointegration Tests [PDF]
, 2006 In this article we propose a record counting cointegration (RCC) test that is robust to nonlinearities and certain types of structural breaks. The RCC test is based on the synchronicity property of the jumps (new records) of cointegrated series, counting
Sipols, Ana E. +2 more
core +1 more source
The Cointegration analysis of per capita trade turnover between the Republic of Azerbaijan and Turkey and the GDPs of these countries [PDF]
Problemi EkonomikiThe 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
The sustainability of current account in the presence of endogenous multiple structural breaks: Evidence from developed and developing countries [PDF]
Panoeconomicus, 2016 The purpose of this study is to test for the sustainability of current account in 18 developed and 10 developing countries. The stability of the relationship between export (inflows) and import (outflows) is assessed using the tests proposed by ...
Dülger Fikret
doaj +1 more source
Topological Properties of International Commodity Market: How Uncertainty Affects the Linkages?
Agribusiness, EarlyView.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
Numerical Distribution Functions of Likelihood Ratio Tests for Cointegration
, 1996 Numerical Distribution Functions of Likelihood Ratio Tests for ...
J. MacKinnon, A. Haug, L. Michelis
semanticscholar +1 more source
Does a Specialized Niche Market Vegetable Processor Enjoy Bargaining Power?
Agribusiness, EarlyView.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
Journal of New Results in Science, 2020 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
TESTING MONETARY EXCHANGE RATE MODELS WITH PANEL COINTEGRATION TESTS [PDF]
Annals of the University of Oradea: Economic Science, 2015 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
Residual-based cointegration and non-cointegration tests for cointegrating polynomial regressions
Empirical Economics, 2022 AbstractCointegrating polynomial regressions (CPRs), i.e., regressions that include deterministic terms, integrated processes and powers of integrated processes as explanatory variables and stationary errors, have become prominent in several fields of applications, e.g., in the analysis of environmental Kuznets curves.
openaire +2 more sources
Agribusiness, EarlyView.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