Results 11 to 20 of about 482,580 (177)
Free zones, which are implemented as a development policy on the basis of the objectives of increasing exports, investments, and employment, facilitating imports, contributing to domestic production, ensuring technology transfer, and balancing regional ...
Müge Seda Ateş +3 more
doaj +3 more sources
Oil prices and the US effective exchange rate: A hidden cointegration analysis
AbstractWe investigate the long-run relationship between the US Dollar effective exchange and the oil prices (wti) over the period from January 1986 to August 2014. We allow for the relationship to be nonlinear by employing the hidden cointegration technique of Granger and Yoon (2002) and Schorderet (2004).
P. Rafailidis, C. Katrakilidis
semanticscholar +6 more sources
An Analysis of Asymmetry Effects of Oil Shocks on Economic Growth of the Oil-Exporting Countries: A Non-Liner Hidden Panel Cointegration [PDF]
Asymmetric effects of oil shocks mean the difference between the positive and negative effects of oil shocks. Empirical studies show that these asymmetric effects can affect economic growth in oil-exporting countries as well as importing countries.
Hamid Molaei +2 more
doaj +2 more sources
Purpose- The purpose of this study is to investigate whether there is an asymmetric relationship between economic growth and unemployment in Turkey. Methodology- In assessing this relationship, quarterly unemployment rate and GDP data for the period ...
Semra Boğa
semanticscholar +3 more sources
The continuity of price stability is a necessity for the successful management of economic policy, especially monetary policy. Considering that price instability will lead to policy failure, it is extremely important that the general level of prices be ...
Fatih Demir
semanticscholar +4 more sources
A Study on Asymmetric Market Integration of the Crude Oil Markets: An Application of Hidden Cointegration [PDF]
This study examines the asymmetric market integration of the international crude oil market by applying hidden cointegration. After decomposing the benchmark prices in the Middle East, North America, and Europe into increasing and decreasing components ...
Gobong Choi
semanticscholar +2 more sources
Enerji, ilk dönemlerden beri insanoğlunun ele aldığı temel faktörlerden biri olmuştur. Sanayi devrimiyle birlikte önemi artmış ve ülkelerin sanayileşmesinde önemli rol oynamıştır. Sürdürülebilir büyümenin temel kaynaklarından biri olan enerji, geleneksel
Servet Kapçak
semanticscholar +3 more sources
According to energy economists, the energy factor underlies economic growth and development. In this approach, energy is accepted as an indispensable production factor in the production of all goods and services. In addition, it is known that agricultural activities are at the forefront at the beginning of development, and a structural transformation ...
Cetin, Murat, Kapcak, Servet, Can, Aycan
openaire +2 more sources
Hidden panel cointegration [PDF]
This article extends the seminal work of Granger and Yoo (2002) on hidden cointegration to panel data analysis. It shows how cumulative negative and positive changes can be constructed for each panel variable.
A. Hatemi-J
semanticscholar +2 more sources
A procedure to detect hidden cointegration with the sieve bootstrap
In this paper we consider a particular form of cointegration, called hidden cointegration, which arises between positive and/or negative components of a time series. Hidden cointegration is especially interesting to model asymmetric behaviours, but it requires specific estimation and testing procedures.
GEROLIMETTO, Margherita +2 more
openaire +3 more sources

